Washington Post 2006 Annual Report Download - page 43

administrative, editorial and sales personnel who were working at the other Gaithersburg location, and the Waldorf
building will serve as the headquarters location for the Southern Maryland Newspapers. In July 2006 Post-Newsweek
Media purchased a one-story brick building in California, Maryland which, when renovated, will house the St. Mary's
County offices of the Southern Maryland Newspapers. Post-Newsweek Media also leases editorial and sales office space
for its newspaper operations in a total of six other locations in Alexandria, Virginia, and in Montgomery, Prince George's,
Frederick, Carroll and Calvert Counties, Maryland.
The headquarters offices of the Company's broadcasting operations are located in Detroit, Michigan in the same facilities
that house the offices and studios of WDIV. That facility and those that house the operations of each of the Company's
other television stations are all owned by subsidiaries of the Company, as are the related tower sites (except in Houston,
Orlando and Jacksonville, where the tower sites are 50% owned). In January 2007 the Company's Post-Newsweek
Stations subsidiary purchased a 5.8-acre site north of Miami on which it intends to construct a new building to house the
operations of WPLG and entered into an agreement to sell WPLG's existing facility in Miami, which WPLG will continue to
occupy until the new building in completed.
The principal offices of Newsweek are located at 251 West 57th Street in New York City, where Newsweek rents space
on nine floors. The lease on this space will expire in 2009 but is renewable for a 15-year period at Newsweek's option at
rentals to be negotiated or arbitrated. Budget Travel 's offices are also located in New York City, where they occupy
premises under a lease that expires in 2010. Newsweek also leases a portion of a building in Mountain Lakes, New Jersey
to house its accounting, production and distribution departments. The lease on this space will expire on July 31, 2007 but
is renewable for two five-year periods at Newsweek's option.
The headquarters offices of the Cable Television Division are located in a three-story office building in Phoenix, Arizona
that was purchased by Cable One in 1998. Cable One purchased an adjoining two-story office building in 2005; that
building is currently leased to third-party tenants. The majority of the offices and head-end facilities of the Division's
individual cable systems are located in buildings owned by Cable One. Most of the tower sites used by the Division are
leased. In addition, the Division houses call-center operations in 60,000 square feet of rented space in Phoenix under a
lease that expires in 2013.
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 and Los
Angeles.
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 previously disclosed class action antitrust lawsuit filed on
April 29, 2005, by purchasers of BAR/BRI bar review courses in the U.S. District Court for the Central District of
California. In early December 2006 the parties agreed to a settlement of this lawsuit. On February 2, 2007, the parties
filed a settlement agreement with the court together with documents setting forth a procedure for class notice. Effectiveness
of the settlement is subject to court approval. 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.
Item 4. Submission of Matters to a Vote of Security Holders.
Not applicable.
2006 FORM 10-K 27