Washington Post 2011 Annual Report Download - page 106

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Quarterly impact from certain items in 2011 and 2010 (after-tax and diluted EPS amounts):
First
Quarter Second
Quarter Third
Quarter Fourth
Quarter
2011
Charges of $18.1 million in connection with severance and restructuring at Kaplan ($1.4 million, $7.3
million, $3.5 million and $6.0 million in the first, second, third and fourth quarters, respectively) ..... $(0.18) $(0.91) $(0.44) $(0.77)
Charge of $1.5 million recorded at the newspaper publishing division in connection with the withdrawal
from a multiemployer pension plan .................................................. $(0.19)
Goodwill impairment charge of $11.9 million at the Company’s online lead generation business ...... $(1.51)
Impairment charges of $5.7 million at one of the Company’s affiliates ......................... $(0.72)
Write-down of a marketable equity security of $34.6 million ($19.8 million and $14.9 million in the first
and third quarters, respectively) .................................................... $(2.44) $(1.89)
Losses, net, of $2.1 million for non-operating unrealized foreign currency gains (losses) ($1.7 million
gain, $0.2 million gain, $4.2 million loss and $0.3 million gain in the first, second, third and fourth
quarters, respectively) ........................................................... $0.21 $ 0.03 $(0.54) $ 0.03
2010
Charge of $12.7 million in connection with the withdrawal from a multiemployer pension plan at The
Washington Post ($11.0 million and $1.6 million in the second and third quarters, respectively) ..... $(1.19) $(0.18)
Goodwill and other intangible assets impairment charge of $26.3 million at the Company’s online lead
generation business, included in other businesses ....................................... $(2.96)
Charges of $24.2 million in connection with severance and restructuring ($2.9 million, $2.0 million and
$19.3 million in the first, second, and fourth quarter, respectively) ........................... $(0.31) $(0.22) $(2.31)
Gains, net, of $4.2 million for non-operating unrealized foreign currency gains (losses) ($2.2 million
loss, $2.3 million loss, $7.5 million gain and $1.2 million gain in the first, second, third and fourth
quarters, respectively) ........................................................... $(0.23) $(0.25) $ 0.84 $ 0.14
94 THE WASHINGTON POST COMPANY