Washington Post 2007 Annual Report Download - page 16

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THE WASHINGTON POST COMPANY 2007 FORM 10-K
PART I
Item 1. Business ......................................................................... 1
Education . . . ..................................................................... 1
Newspaper Publishing . . . ............................................................. 5
Television Broadcasting. . . ............................................................. 9
Magazine Publishing ................................................................. 14
Cable Television Operations ............................................................ 15
Other Activities ..................................................................... 21
Production and Raw Materials . . . ........................................................ 22
Competition. . ..................................................................... 23
Executive Officers . . ................................................................. 26
Employees . . ..................................................................... 26
Forward-Looking Statements ............................................................. 27
Available Information ................................................................. 28
Item 1A. Risk Factors . . ..................................................................... 28
Item 1B. Unresolved Staff Comments ............................................................. 30
Item 2. Properties . . . ..................................................................... 30
Item 3. Legal Proceedings . . ................................................................. 32
Item 4. Submission of Matters to a Vote of Security Holders . . . ........................................... 32
PART II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities . ....... 33
Item 6. Selected Financial Data . . ............................................................. 34
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations . . ..................... 34
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.......................................... 35
Item 8. Financial Statements and Supplementary Data . . ............................................... 35
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure . ..................... 36
Item 9A. Controls and Procedures . . ............................................................. 36
Item 9B. Other Information . . ................................................................. 36
PART III
Item 10. Directors, Executive Officers and Corporate Governance ........................................... 37
Item 11. Executive Compensation . . ............................................................. 37
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters . . . ............ 37
Item 13. Certain Relationships and Related Transactions, and Director Independence . . ............................. 37
Item 14. Principal Accounting Fees and Services . . .................................................... 37
PART IV
Item 15. Exhibits, Financial Statement Schedules . . .................................................... 37
SIGNATURES . . .......................................................................... 38
INDEX TO FINANCIAL INFORMATION ............................................................ 39
Management’s Discussion and Analysis of Results of Operations and Financial Condition (Unaudited) ..................... 40
Financial Statements and Schedules:
Report of Independent Registered Public Accounting Firm ............................................... 54
Consolidated Statements of Income and Consolidated Statements of Comprehensive Income for the Three Fiscal Years Ended
December 30, 2007 . . ................................................................. 55
Consolidated Balance Sheets at December 30, 2007 and December 31, 2006 . . ............................. 56
Consolidated Statements of Cash Flows for the Three Fiscal Years Ended December 30, 2007 . . ..................... 58
Consolidated Statements of Changes in Common Shareholders’ Equity for the Three Fiscal Years Ended December 30, 2007 . . . . 59
Notes to Consolidated Financial Statements . . . .................................................... 60
Financial Statement Schedule for the Three Fiscal Years Ended December 30, 2007:
II — Valuation and Qualifying Accounts ........................................................ 83
Ten-Year Summary of Selected Historical Financial Data (Unaudited) . . . ...................................... 84
INDEX TO EXHIBITS . . . ..................................................................... 87