This is the basic cross-section properties of the shape.
This is the moment of inertia of the shape, it's directly related to the members bending stiffness. See TFK's post above above this particular subject.
Radius of gyration is similar to the moment of inertia. It helps define an objects buckling stiffness.
The slenderness ratio defines a members length to stiffness for compression. The higher this number is the lower the critical buckling strength is. Most building codes limit this number to 200 for compression elements for various reasons I won't get into (they're good reasons).
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This is a chart from AISC, it defines what K is for different compression cases. It's important to note that these fixed and pinned ends are actual reaction, not connections to other members (like in a moment frame or braced frame). There's a different set of charts for that kind of connection. The column that we are currently analyzing is case (e).
This was the meat of the calculation.
Fcr is the critical buckling stress (thousands of pounds per square inch) in which the column buckles and falls down.
Fe is the Euler Buckling Stress: the formula that our friend Leonhard Euler developed a long time ago for long slender columns. It's pretty darn accurate if the slenderness ratio is high (like it is in this case).
Pn is the nominal compression capacity again buckling. It's units are merely force (thousands of pounds).
Anything in particular you'd like me to go more into?