Washington Post 2008 Annual Report Download - page 93

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The Company’s education division comprises the following operating segments:
(in thousands) Higher
Education Test Prep Professional
Kaplan
Corporate
and Other Intersegment
Elimination Total
Education
2008
Operating revenues .......................... $1,275,840 $587,970 $467,101 $ 1,426 $ (757) $2,331,580
Income (loss) from operations ................... $ 168,774 $ 70,717 $ 23,851 $(56,786) $ (254) $ 206,302
Identifiable assets ............................ $ 835,846 $411,419 $795,233 $ 37,539 $2,080,037
Depreciation of property, plant and equipment ...... $ 34,102 $ 14,183 $ 14,967 $ 4,077 $ 67,329
Amortization expense ......................... $15,472 $ 15,472
Kaplan stock-based incentive compensation ........ $ (7,829) $ (7,829)
Capital expenditures ......................... $ 48,990 $ 24,912 $ 20,552 $ 4,837 $ 99,291
2007
Operating revenues .......................... $1,021,595 $569,316 $439,720 $ 1,261 $(1,003) $2,030,889
Income (loss) from operations ................... $ 125,629 $ 71,316 $ 41,073 $(88,737) $ (244) $ 149,037
Identifiable assets ............................ $ 748,269 $380,158 $785,593 $ 16,505 $1,930,525
Depreciation of property, plant and equipment ...... $ 29,908 $ 14,139 $ 13,562 $ 3,377 $ 60,986
Amortization expense ......................... $14,670 $ 14,670
Kaplan stock-based incentive compensation ........ $41,294 $ 41,294
Capital expenditures ......................... $ 44,098 $ 18,204 $ 27,340 $ 7,481 $ 97,123
2006
Operating revenues .......................... $ 855,757 $457,293 $371,091 $ — $ — $1,684,141
Income (loss) from operations ................... $ 100,690 $ 77,632 $ 35,503 $(83,636) $ — $ 130,189
Identifiable assets ............................ $ 632,873 $341,262 $548,533 $ 46,736 $1,569,404
Depreciation of property, plant and equipment ...... $ 26,278 $ 11,407 $ 9,582 $ 4,553 $ 51,820
Amortization expense ......................... $ 5,186 $ 5,186
Kaplan stock-based incentive compensation ........ $27,724 $ 27,724
Capital expenditures ......................... $ 36,079 $ 16,400 $ 10,429 $ 11,602 $ 74,510
2008 FORM 10-K 81