Washington Post 2012 Annual Report Download - page 112

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Quarterly impact from certain items in 2012 and 2011 (after-tax and diluted EPS amounts):
First
Quarter Second
Quarter Third
Quarter Fourth
Quarter
2012
Goodwill and other long-lived assets impairment charge of $81.9 million at Kaplan Test Preparation . . . $(11.33)
Charges of $45.5 million in connection with early retirement, severance and other restructuring at the
education and newspaper publishing divisions ($1.2 million, ..............................
$5.2 million, $7.6 million and $31.1 million in the first, second, third, and fourth quarters,
respectively) .................................................................. $(0.16) $(0.69) $(1.02) $ (4.31)
Write-down of marketable equity security of $11.2 million .................................. $ (1.54)
Gain on sale of cost method investment of $3.7 million .................................... $0.48
Gains, net, of $2.0 million for non-operating unrealized foreign currency gains ..................
(losses) ($1.7 million gain, $1.6 million loss, $1.9 million gain in the first, second and third quarters,
respectively) .................................................................. $0.22 $(0.21) $ 0.26 $—
2011
Charges of $19.4 million in connection with severance and other restructuring at the education and
newspaper publishing divisions ($1.4 million, $7.3 million, $3.5 million and $7.3 million in the first,
second, third and fourth quarters, respectively) ......................................... $(0.18) $(0.91) $(0.44) $ (0.94)
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
100 THE WASHINGTON POST COMPANY