Washington Post 2007 Annual Report Download - page 80

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The Company’s goodwill and other intangible assets as of
December 30, 2007 and December 31, 2006 were as
follows (in thousands):
Gross
Accumulated
Amortization Net
2007:
Goodwill ............ $1,796,639 $298,402 $1,498,237
Indefinite-lived intangible
assets ............. 684,711 163,806 520,905
Amortized intangible
assets ............. 114,663 44,226 70,437
$2,596,013 $506,434 $2,089,579
2006:
Goodwill . . . . . . . . . . . . $1,538,653 $298,402 $1,240,251
Indefinite-lived intangible
assets. . . . . . . . . . . . . 681,548 163,806 517,742
Amortized intangible assets . . 58,454 26,655 31,799
$2,278,655 $488,863 $1,789,792
Activity related to the Company’s goodwill and intangible
assets during 2007 was as follows (in thousands):
Beginning of
Year Acquisitions
Foreign Currency
Exchange Rate
and Other
End of
Year
Goodwill, Net
Education ......... $ 845,754 $155,299 $19,124 $1,020,177
Newspaper Publishing . . . 79,739 472 958 81,169
Television Broadcasting . . 203,165 203,165
Magazine Publishing . . . 25,015 25,015
Cable Television . ..... 85,666 85,666
Other Businesses and
Corporate Office .... 912 82,133 83,045
$1,240,251 $237,904 $20,082 $1,498,237
Beginning of
Year Acquisitions Other
End of
Year
Indefinite-Lived Intangible Assets, Net
Education ............. $ 9,262 $ 9,262
Newspaper Publishing . .....
Television Broadcasting . .....
Magazine Publishing . . .....
Cable Television . . . . ..... 508,480 $3,804 $(641) 511,643
Other Businesses and Corporate
Office .............
$517,742 $3,804 $(641) $520,905
Beginning of
Year
Acquisitions
and Additions
Foreign Currency
Exchange Rate
and Other Amortization
End of
Year
Amortized Intangible Assets, Net
Education . . ..... $25,270 $25,691 $ 530 $(14,669) $36,822
Newspaper
Publishing . ..... 5,508 (106) (1,162) 4,240
Television
Broadcasting .....
Magazine Publishing . .
Cable Television .... 1,021 123 379 (442) 1,081
Other Businesses and
Corporate Office . . 29,592 (1,298) 28,294
$31,799 $55,406 $ 803 $(17,571) $70,437
Activity related to the Company’s goodwill and intangible
assets during 2006 was as follows (in thousands):
Beginning
of
Year Acquisitions
Foreign
Currency
Exchange
Rate
Impairment
Charge Disposition
End of
Year
Goodwill, Net
Education . ....$ 686,532 $133,340 $25,882 $ 845,754
Newspaper
Publishing .... 79,739 79,739
Television
Broadcasting . . 203,165 203,165
Magazine
Publishing .... 69,556 $(9,864) $(34,677) 25,015
Cable Television . . 85,666 85,666
Other Businesses
and
Corporate
Office...... 912 912
$1,125,570 $133,340 $25,882 $(9,864) $(34,677) $1,240,251
Beginning of
Year Acquisitions
End of
Year
Indefinite-Lived Intangible
Assets, Net
Education ......................... $ 8,362 $ 900 $ 9,262
Newspaper Publishing . . . ................
Television Broadcasting . . . ................
Magazine Publishing ....................
Cable Television . . .................... 486,330 22,150 508,480
Other Businesses and Corporate Office . . . ........
$494,692 $23,050 $517,742
Beginning of
Year
Acquisitions
and Additions
Foreign
Currency
Exchange
Rate Amortization
End of
Year
Amortized Intangible Assets, Net
Education . . . ........ $14,428 $15,545 $483 $(5,186) $25,270
Newspaper Publishing .... 6,676 (1,168) 5,508
Television Broadcasting ....
Magazine Publishing . ....
Cable Television . . . .... 1,710 (689) 1,021
Other Businesses and
Corporate Office . . ....
$22,814 $15,545 $483 $(7,043) $31,799
64 THE WASHINGTON POST COMPANY