Washington Post 2005 Annual Report Download - page 40

and Technology; a 25,000-square-foot building in Hammond, Indiana used by Sawyer College; a 45,000-square-foot
three-story brick building in Houston, Texas used by the Texas School of Business; a 35,000-square-foot building in
London, England and a 5,000-square-foot building in Oxfordshire, England, each of which are used by Holborn College;
and 4,000 square feet of office condominium space in Singapore which serves as APMI's headquarters. Kaplan
University's corporate offices together with call-center and employee-training facilities are located in a leased
97,000-square-foot building in Ft. Lauderdale, Florida. In addition, a lease has been entered into for an additional
97,000-square-foot building that is to be built on a lot adjacent to the currently occupied space; that building will house a
Kaplan University datacenter as well as additional training and call-center facilities. Both of those leases will expire in
2017. Kaplan's distribution facilities for most of its domestic publications are located in a 169,000-square-foot
warehouse in Aurora, Illinois. In 2005 Kaplan exercised a termination option and as a result the lease for this property will
expire in April 2006. Thereafter, these distribution facilities will be relocated to a new 291,000-square-foot location, also
in Aurora, Illinois, under a lease expiring in 2017. Kaplan's headquarters offices are located at 888 7th Avenue in New
York City, where Kaplan rents space on three floors under a lease which expires in 2017. Overseas, Dublin Business
School's facilities in Dublin, Ireland are located in five buildings aggregating approximately 63,000 square feet of space
which have been rented under leases expiring between 2008 and 2028. FTC Kaplan Limited's two largest leaseholds are
office and instructional space in London of 21,000 square feet and 28,000 square feet which are being occupied under
leases that expire in 2007 and 2019, respectively. Kidum has over 40 locations throughout Israel, all of which are
occupied under leases that expire between 2006 and 2010. All other Kaplan facilities in the United States and overseas
(including administrative offices and instructional locations) also occupy leased premises.
Robinson Terminal Warehouse Corporation owns two wharves and several warehouses in Alexandria, Virginia. These
facilities are adjacent to the business district and occupy approximately seven acres of land. Robinson also owns two
partially developed tracts of land in Fairfax County, Virginia, aggregating about 20 acres. These tracts are near The
Washington Post
's Virginia printing plant and include several warehouses. In 1992 Robinson purchased approximately
23 acres of undeveloped land on the Potomac River in Charles County, Maryland, for the possible construction of
additional warehouse capacity.
The offices of Washingtonpost.Newsweek Interactive occupy 85,000 square feet of office space in Arlington, Virginia
under a lease which expires in 2015. Express Publications Company subleases part of this space. In addition, WPNI
leases space in Washington, D.C. and subleases space from Newsweek in New York City for Slate 's offices in those
cities, and also leases office space for WPNI sales representatives in New York City, Chicago, San Francisco, Los Angeles
and Detroit.
Greater Washington Publishing's offices are located in leased space in Vienna, Virginia, while El Tiempo Latino's offices
are located in leased space in Arlington, Virginia.
Item 3. Legal Proceedings.
Kaplan, Inc. a subsidiary of the Company, is a party to a putative class action antitrust lawsuit filed on April 29, 2005 by
purchasers of BAR/BRI bar review courses in the United States District Court for the Central District of California. The suit
alleges violations of the Sherman Act. The allegations center around a claim that Kaplan entered into an agreement in
1997 with BAR/BRI (the leading domestic provider of bar review courses) not to provide bar review courses in the United
States. The suit further alleges that but for the purported agreement not to compete Kaplan would have purchased another
provider of bar review services at that time, West Bar Review. Further, it is alleged that by not having acquired West Bar
Review, that provider went out of business and the price for bar review courses increased significantly. The plaintiffs have
asserted the same claim against BAR/BRI, plus two other putative violations of federal antitrust law that are not alleged to
involve Kaplan. The putative class is said to include all persons who purchased a bar review course from BAR/BRI in the
United States from 1997 to 2005. The suit seeks damages which would be trebled under the Sherman Act, as well as
attorneys' fees and costs. Kaplan has filed an answer denying all allegations of illegal conduct. The litigation is in the early
stages of discovery, with the hearing on class certification scheduled for May 15, 2006. The discovery cut-off is July 17,
2006, and trial is set for September 12, 2006. The Company and its subsidiaries are also defendants in various other civil
lawsuits that have arisen in the ordinary course of their businesses, including actions alleging libel, invasion of privacy and
violations of applicable wage and hour laws. While it is not possible to predict the outcome of these lawsuits, in the opinion
of management their ultimate dispositions should not have a material adverse effect on the financial position, liquidity or
results of operations of the Company.
24 THE WASHINGTON POST COMPANY