2020 Q1 Form 10-K Financial Statement

#000143757820000006 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q4 2019
Revenue $506.3M $520.6M $2.062B
YoY Change 0.91% 8.86% 8.35%
Cost Of Revenue $397.5M $389.5M $1.539B
YoY Change 6.04% 8.92% 7.63%
Gross Profit $108.9M $131.1M $522.9M
YoY Change -14.25% 8.72% 10.5%
Gross Profit Margin 21.5% 25.19% 25.36%
Selling, General & Admin $57.37M $55.20M $221.5M
YoY Change 2.67% 13.11% 9.87%
% of Gross Profit 52.7% 42.09% 42.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.22M $27.90M $108.3M
YoY Change 6.65% 8.14% 7.26%
% of Gross Profit 25.92% 21.27% 20.7%
Operating Expenses $57.37M $63.70M $221.5M
YoY Change 2.67% 11.95% 9.87%
Operating Profit $43.28M $67.45M $267.8M
YoY Change -31.2% 5.84% 12.01%
Interest Expense -$10.20M -$10.50M -$45.20M
YoY Change -185.37% -12.5% -195.14%
% of Operating Profit -23.57% -15.57% -16.88%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $33.08M $56.90M $222.7M
YoY Change -35.1% 10.06% 41.34%
Income Tax $2.343M $9.200M $42.28M
% Of Pretax Income 7.08% 16.17% 18.99%
Net Earnings $30.73M $47.76M $180.4M
YoY Change -26.9% 2.37% 14.18%
Net Earnings / Revenue 6.07% 9.17% 8.75%
Basic Earnings Per Share $0.53 $0.82 $3.10
Diluted Earnings Per Share $0.52 $0.81 $3.05
COMMON SHARES
Basic Shares Outstanding 58.20M shares 58.18M shares 57.84M shares
Diluted Shares Outstanding 58.88M shares 58.95M shares

Balance Sheet

Concept 2020 Q1 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.20M $44.93M $44.90M
YoY Change 144.78% 190.78% 189.68%
Cash & Equivalents $49.23M $27.87M $27.90M
Short-Term Investments $17.05M $17.10M
Other Short-Term Assets $63.40M $52.20M $35.10M
YoY Change 70.43% 10.36% -25.79%
Inventory
Prepaid Expenses $5.381M
Receivables $171.6M $148.9M $148.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $284.2M $228.9M $228.9M
YoY Change 51.45% 18.05% 18.05%
LONG-TERM ASSETS
Property, Plant & Equipment $609.5M $636.2M $1.337B
YoY Change 1.05% 6.53% 123.93%
Goodwill $1.390B $1.413B
YoY Change 0.62% 4.84%
Intangibles $295.3M $304.7M
YoY Change -8.39% -5.68%
Long-Term Investments $6.200M $6.200M
YoY Change
Other Assets $48.33M $46.88M $40.70M
YoY Change -4.99% -25.15% -34.98%
Total Long-Term Assets $3.067B $3.102B $3.102B
YoY Change 1.93% 33.09% 33.09%
TOTAL ASSETS
Total Short-Term Assets $284.2M $228.9M $228.9M
Total Long-Term Assets $3.067B $3.102B $3.102B
Total Assets $3.351B $3.330B $3.330B
YoY Change 4.83% 31.93% 31.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $188.4M $31.60M $31.60M
YoY Change 22.9% -12.07% -11.98%
Accrued Expenses $86.30M $83.10M $218.6M
YoY Change 8.42% 84.78%
Deferred Revenue $184.4M $191.1M
YoY Change -5.74% 12.15%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due $10.75M $10.75M $10.80M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $497.2M $483.3M $483.3M
YoY Change -3.32% -0.1% -0.1%
LONG-TERM LIABILITIES
Long-Term Debt $1.026B $1.028B $1.028B
YoY Change -0.85% -0.85% -0.86%
Other Long-Term Liabilities $101.4M $92.87M $788.9M
YoY Change 9.43% 23.22% 415.96%
Total Long-Term Liabilities $1.127B $1.121B $1.817B
YoY Change -0.01% 0.78% 52.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $497.2M $483.3M $483.3M
Total Long-Term Liabilities $1.127B $1.121B $1.817B
Total Liabilities $2.413B $2.359B $2.359B
YoY Change 2.29% 35.21% 35.21%
SHAREHOLDERS EQUITY
Retained Earnings $404.2M $373.5M
YoY Change 71.9% 93.4%
Common Stock $58.00K $58.00K
YoY Change 0.0% 1.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $937.5M $971.3M $971.3M
YoY Change
Total Liabilities & Shareholders Equity $3.351B $3.330B $3.330B
YoY Change 4.83% 31.93% 31.93%

Cashflow Statement

Concept 2020 Q1 2019 Q4 2019
OPERATING ACTIVITIES
Net Income $30.73M $47.76M $180.4M
YoY Change -26.9% 2.37% 14.18%
Depreciation, Depletion And Amortization $28.22M $27.90M $108.3M
YoY Change 6.65% 8.14% 7.26%
Cash From Operating Activities $64.08M $58.00M $330.4M
YoY Change -40.12% 5.45% 12.08%
INVESTING ACTIVITIES
Capital Expenditures $17.09M -$37.30M $111.8M
YoY Change -29.35% 24.33% 20.93%
Acquisitions $3.529M $53.43M
YoY Change -81.89% -20.39%
Other Investing Activities $4.100M -$24.80M -$77.20M
YoY Change -111.26% 72.22% 16.79%
Cash From Investing Activities -$12.96M -$62.20M -$189.1M
YoY Change -78.59% 40.72% 19.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $32.66M $31.55M
YoY Change 54330.0% -75.09%
Debt Paid & Issued, Net $2.688M $0.00
YoY Change 0.0% -100.0%
Cash From Financing Activities -$25.70M -21.90M -$149.1M
YoY Change -58.72% 36.88% 11.13%
NET CHANGE
Cash From Operating Activities $64.08M 58.00M $330.4M
Cash From Investing Activities -$12.96M -62.20M -$189.1M
Cash From Financing Activities -$25.70M -21.90M -$149.1M
Net Change In Cash $24.21M -26.10M -$7.286M
YoY Change -258.63% 401.92% -481.87%
FREE CASH FLOW
Cash From Operating Activities $64.08M $58.00M $330.4M
Capital Expenditures $17.09M -$37.30M $111.8M
Free Cash Flow $46.99M $95.30M $218.5M
YoY Change -43.26% 12.12% 8.04%

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ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
213115000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
687867000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
156963000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
749060000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13811000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
21963000 USD
CY2018 bfam Exchange Of Stock Options Amount
ExchangeOfStockOptionsAmount
7540000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
126739000 USD
CY2018 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-29059000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
157981000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
779477000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17283000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
25368000 USD
CY2019 bfam Exchange Of Stock Options Amount
ExchangeOfStockOptionsAmount
11326000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
31944000 USD
CY2019 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
12024000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
180386000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
971268000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
180386000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
157981000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
156963000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
108269000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
100943000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
94776000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1929000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1901000 USD
CY2017 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1776000 USD
CY2019 bfam Gain Loss On Foreign Currency Transaction And Other
GainLossOnForeignCurrencyTransactionAndOther
219000 USD
CY2018 bfam Gain Loss On Foreign Currency Transaction And Other
GainLossOnForeignCurrencyTransactionAndOther
116000 USD
CY2017 bfam Gain Loss On Foreign Currency Transaction And Other
GainLossOnForeignCurrencyTransactionAndOther
1781000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2261000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-488000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2760000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
17283000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
13811000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
12072000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11344000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5469000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-37562000 USD
CY2019 bfam Deferred Rent
DeferredRent
0 USD
CY2018 bfam Deferred Rent
DeferredRent
1317000 USD
CY2017 bfam Deferred Rent
DeferredRent
4345000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
442000 USD
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2019 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
15718000 USD
CY2018 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
14498000 USD
CY2017 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
18689000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1818000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2795000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3450000 USD
CY2019 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
4999000 USD
CY2018 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-3320000 USD
CY2017 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
11156000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9032000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
15912000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5912000 USD
CY2019 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
23038000 USD
CY2018 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
12073000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
9316000 USD
CY2019 bfam Increase Decrease In Leases
IncreaseDecreaseInLeases
-11762000 USD
CY2018 bfam Increase Decrease In Leases
IncreaseDecreaseInLeases
-4543000 USD
CY2017 bfam Increase Decrease In Leases
IncreaseDecreaseInLeases
-1726000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
904000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-100000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
387000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2287000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6054000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
5698000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
330353000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
294747000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
248193000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
111845000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
92491000 USD
CY2019 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7080000 USD
CY2018 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1826000 USD
CY2017 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4285000 USD
CY2019 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
28015000 USD
CY2018 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
767000 USD
CY2017 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3000000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
0 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
53425000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
67111000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
21484000 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5865000 USD
CY2018 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-189070000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-158543000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-105321000 USD
CY2019 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
4200000 USD
CY2018 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2965000 USD
CY2017 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
185000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
292000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1711000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
288674000 USD
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
679900000 USD
CY2017 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
643201000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
406532000 USD
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
688800000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
592101000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10750000 USD
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10750000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8063000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11326000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7540000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
29798000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31553000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
126679000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
162195000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
26559000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-123864000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
559000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
22933000 USD
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
26988000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-149128000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-134193000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-103000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1507000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-7286000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1908000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
20515000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38478000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36570000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16055000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31192000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38478000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36570000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27872000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15450000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23227000 USD
CY2019Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
3320000 USD
CY2018Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
3028000 USD
CY2017Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
5343000 USD
CY2019Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
0 USD
CY2018Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
20000000 USD
CY2017Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
8000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31192000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38478000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36570000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
43051000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
46122000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
44464000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
50553000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
41936000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
31290000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4549000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6359000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1500000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
13870000 USD
CY2018Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 USD
CY2017Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 USD
CY2019 bfam Number Of Business Models
NumberOfBusinessModels
2 business_model
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates </span><span style="font-family:inherit;font-size:10pt;">— The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well as the reported amounts of revenue and expenses during the reporting period. The Company’s significant accounting estimates in the preparation of the consolidated financial statements relate to the valuation of goodwill and other intangibles, and income taxes. Actual results may differ from management’s estimates.</span></div>
CY2017 us-gaap Cumulative Translation Adjustment Net Of Tax Period Increase Decrease
CumulativeTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
1700000 USD
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentrations of Credit Risk </span><span style="font-family:inherit;font-size:10pt;">— Financial instruments that potentially expose the Company to concentrations of credit risk consist mainly of cash and cash equivalents and accounts receivable. The Company mitigates its exposure by maintaining its cash and cash equivalents in financial institutions of high credit standing. The Company’s accounts receivable, which are derived primarily from the services it provides, are dispersed across many clients in various industries with </span><span style="font-family:inherit;font-size:10pt;">no</span><span style="font-family:inherit;font-size:10pt;"> single client accounting for more than </span><span style="font-family:inherit;font-size:10pt;">10%</span><span style="font-family:inherit;font-size:10pt;"> of the Company’s net revenue or accounts receivable. The Company believes that </span><span style="font-family:inherit;font-size:10pt;">no</span><span style="font-family:inherit;font-size:10pt;"> significant credit concentration risk existed at December 31, </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">.</span></div>
CY2019Q4 us-gaap Bank Overdrafts
BankOverdrafts
12400000 USD
CY2018Q4 us-gaap Bank Overdrafts
BankOverdrafts
17800000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2514000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2429000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1054000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
840000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1148000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2537000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2128000 USD
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1063000 USD
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1162000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1226000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2514000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2429000 USD
CY2019 bfam Cash Flow Period To Determine Fair Value Of Reporting Unit
CashFlowPeriodToDetermineFairValueOfReportingUnit
P10Y
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
6200000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
24900000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
24900000 USD
CY2019Q4 us-gaap Other Investments
OtherInvestments
3200000 USD
CY2018Q4 us-gaap Other Investments
OtherInvestments
2900000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2062017000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1903182000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1740905000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
169000000.0 USD
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
154900000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
126796000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
34845000 USD
CY2019 us-gaap Lease Cost
LeaseCost
161641000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
126071000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
133043000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
119010000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
119904000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
114270000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
105763000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
94565000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
505580000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1059092000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
290059000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
769033000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
83123000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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685910000 USD
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105000000.0 USD
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127400000 USD
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116700000 USD
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P3Y
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291741000 USD
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259197000 USD
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259197000 USD
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33600000 USD
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32600000 USD
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32600000 USD
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31506000 USD
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28292000 USD
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25929000 USD
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25054000 USD
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11080000 USD
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17053000 USD
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0 USD
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4150000 USD
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3320000 USD
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52161000 USD
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395718000 USD
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597141000 USD
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34700000 USD
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62200000 USD
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76606000 USD
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31600000 USD
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9020000 USD
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35270000 USD
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154195000 USD
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15922000 USD
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15651000 USD
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6671000 USD
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835000 USD
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1930000 USD
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2847000 USD
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1293000 USD
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31241000 USD
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1500000 USD
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1500000 USD
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3325000 USD
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292000 USD
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3033000 USD
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3258000 USD
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3767000 USD
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1303000 USD
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1507000 USD
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1955000 USD
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2260000 USD
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1400000 USD
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187511000 USD
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116225000 USD
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35154000 USD
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34054000 USD
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45175000 USD
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222665000 USD
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191587000 USD
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161400000 USD
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4531000 USD
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3935000 USD
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612000 USD
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-3877000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019 bfam Deferred Income Tax Expense Benefits
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CY2019 us-gaap Income Tax Expense Benefit
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33606000 USD
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13900000 USD
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4437000 USD
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40233000 USD
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56490000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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8522000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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6466000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
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2881000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2019 us-gaap Income Tax Reconciliation Minority Interest Income Expense
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5213000 USD
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8367000 USD
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5074000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
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1940000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
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CY2017 us-gaap Income Tax Reconciliation Other Adjustments
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1041000 USD
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CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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0 USD
CY2018 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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0 USD
CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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11027000 USD
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1277000 USD
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2893000 USD
CY2017 bfam Effective Income Tax Rate Reconciliation Global Intangible Low Taxes Income Amount
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0 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
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CY2018 us-gaap Income Tax Reconciliation Tax Contingencies
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1657000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
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614000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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1914000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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2135000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2019 us-gaap Income Tax Expense Benefit
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42279000 USD
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33606000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4437000 USD
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.190
CY2019 us-gaap Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit
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1300000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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278945000 USD
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118308000 USD
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58848000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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71193000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
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58800000 USD
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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CY2018 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
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2900000 USD
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12100000 USD
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
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-3700000 USD
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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