Washington Post 2015 Annual Report Download - page 52

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Education Campuses’ former students who are residents of Delaware. Kaplan Higher Education Corporation has
cooperated with the Delaware Attorney General and provided the information requested in the subpoena.
Although KHE may receive further requests for information from the Delaware Attorney General, there has been
no such further correspondence to date. The Company cannot predict the outcome of this inquiry.
The Company and its subsidiaries are also subject to complaints and administrative proceedings and are
defendants in various other civil lawsuits that have arisen in the ordinary course of their businesses, including
contract disputes; actions alleging negligence, libel, invasion of privacy; trademark, copyright and patent
infringement; False Claims Act violations; violations of applicable wage and hour laws; and statutory or common
law claims involving current and former students and employees. While it is not possible to predict the outcomes
of these lawsuits, in the opinion of management, their ultimate dispositions should not have a material adverse
effect on the Company’s business, financial condition, results of operations or cash flows.
Item 4. Mine Safety Disclosures.
Not applicable.
PART II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities.
Market Information and Holders
The Company’s Class B Common Stock is traded on the New York Stock Exchange under the symbol “GHC.”
The Company’s Class A Common Stock is not publicly traded.
The high and low sales prices of the Company’s Class B Common Stock are listed below (amounts for 2014 and
the first half of 2015 were revised to reflect the Cable ONE spin-off).
2015 2014
Quarter High Low High Low
January – March ......................................... $664 $505 $450 $369
April – June ............................................. 676 575 445 390
July – September ......................................... 724 565 449 413
October – December ...................................... 608 469 574 406
At January 29, 2016, there were 28 holders of record of the Company’s Class A Common Stock and 477 holders
of record of the Company’s Class B Common Stock.
Dividend Information
Both classes of the Company’s Common Stock participate equally as to dividends. Total dividends paid during
2015 were $9.10 with three quarterly dividends paid at a rate of $2.65 per share and one dividend paid at a rate of
$1.15 per share. The quarterly dividend rate was adjusted as a result of the spin-off of Cable ONE. Quarterly
dividends were paid at the rate of $2.55 during 2014.
37 GRAHAM HOLDINGS COMPANY