2024 Q1 Form 10-K Financial Statement

#000143757824000007 Filed on February 27, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $622.7M $615.6M $2.418B
YoY Change 12.48% 16.26% 19.69%
Cost Of Revenue $487.6M $499.7M $1.887B
YoY Change 12.87% 19.48% 22.36%
Gross Profit $135.1M $115.9M $531.7M
YoY Change 11.11% 4.17% 11.09%
Gross Profit Margin 21.7% 18.83% 21.99%
Selling, General & Admin $87.55M $79.15M $327.1M
YoY Change 5.77% 25.78% 13.11%
% of Gross Profit 64.79% 68.29% 61.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $27.63M $27.95M $110.7M
YoY Change 1.18% -0.83% 4.28%
% of Gross Profit 20.45% 24.11% 20.82%
Operating Expenses $87.55M $87.66M $327.1M
YoY Change 5.77% 22.25% 13.11%
Operating Profit $39.94M $28.24M $171.2M
YoY Change 30.32% -28.6% 8.67%
Interest Expense -$13.68M -$14.25M -$51.61M
YoY Change 5.92% 11.42% 13.67%
% of Operating Profit -34.26% -50.47% -30.14%
Other Income/Expense, Net
YoY Change
Pretax Income $26.26M $13.99M $119.6M
YoY Change 48.1% -47.73% 6.64%
Income Tax $9.267M $8.464M $45.41M
% Of Pretax Income 35.29% 60.51% 37.96%
Net Earnings $16.99M $5.512M $74.22M
YoY Change 109.07% -69.32% -7.96%
Net Earnings / Revenue 2.73% 0.9% 3.07%
Basic Earnings Per Share $0.29 $1.28
Diluted Earnings Per Share $0.29 $0.09 $1.28
COMMON SHARES
Basic Shares Outstanding 57.96M shares 57.90M shares 57.72M shares
Diluted Shares Outstanding 58.31M shares 57.93M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.68M $93.57M $93.57M
YoY Change 42.69% 73.52% 73.52%
Cash & Equivalents $63.68M $71.57M $71.57M
Short-Term Investments $22.01M $22.01M
Other Short-Term Assets $64.77M $71.62M $71.62M
YoY Change -32.5% -24.07% -6.52%
Inventory
Prepaid Expenses $12.91M
Receivables $219.8M $281.7M $281.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $348.2M $446.9M $446.9M
YoY Change -6.23% 28.53% 28.53%
LONG-TERM ASSETS
Property, Plant & Equipment $574.4M $579.3M $1.354B
YoY Change -0.17% 1.37% -1.39%
Goodwill $1.771B $1.786B
YoY Change 2.29% 3.39%
Intangibles $208.4M $216.6M
YoY Change -12.15% -11.81%
Long-Term Investments
YoY Change
Other Assets $121.4M $92.27M $92.27M
YoY Change 30.18% -11.82% -11.82%
Total Long-Term Assets $3.443B $3.449B $3.449B
YoY Change 0.27% -0.06% -0.06%
TOTAL ASSETS
Total Short-Term Assets $348.2M $446.9M $446.9M
Total Long-Term Assets $3.443B $3.449B $3.449B
Total Assets $3.791B $3.896B $3.896B
YoY Change -0.37% 2.56% 2.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $238.0M $24.80M $24.80M
YoY Change 13.04% 0.63% 0.63%
Accrued Expenses $99.77M $334.7M $334.7M
YoY Change 4.22% 255.67% 11.52%
Deferred Revenue $278.6M $272.9M
YoY Change 5.54% 22.38%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due $21.00M $18.50M $18.50M
YoY Change 31.25% 15.63% 15.63%
Total Short-Term Liabilities $686.4M $799.4M $799.4M
YoY Change -12.93% 1.67% 1.67%
LONG-TERM LIABILITIES
Long-Term Debt $938.1M $944.3M $944.3M
YoY Change -2.07% -1.8% -1.8%
Other Long-Term Liabilities $105.8M $101.3M $906.6M
YoY Change 11.14% 0.79% -1.43%
Total Long-Term Liabilities $1.044B $1.046B $1.851B
YoY Change -0.88% -1.56% -1.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $686.4M $799.4M $799.4M
Total Long-Term Liabilities $1.044B $1.046B $1.851B
Total Liabilities $2.562B $2.683B $2.683B
YoY Change -5.17% -1.29% -1.29%
SHAREHOLDERS EQUITY
Retained Earnings $642.8M $625.8M
YoY Change 14.84% 13.46%
Common Stock $58.00K $58.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.229B $1.213B $1.213B
YoY Change
Total Liabilities & Shareholders Equity $3.791B $3.896B $3.896B
YoY Change -0.37% 2.56% 2.56%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $16.99M $5.512M $74.22M
YoY Change 109.07% -69.32% -7.96%
Depreciation, Depletion And Amortization $27.63M $27.95M $110.7M
YoY Change 1.18% -0.83% 4.28%
Cash From Operating Activities $116.3M $95.17M $256.1M
YoY Change 72.78% 65.53% 35.9%
INVESTING ACTIVITIES
Capital Expenditures $19.37M $30.57M $91.02M
YoY Change 0.2% 36.91% 29.0%
Acquisitions $2.503M $39.63M
YoY Change 1968.6% -81.17%
Other Investing Activities -$18.68M -$4.358M -$35.92M
YoY Change -1791.94% -8.87% -82.69%
Cash From Investing Activities -$38.05M -$34.93M -$126.9M
YoY Change 108.73% 28.83% -54.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $4.000M $0.00
YoY Change 0.0%
Cash From Financing Activities -$97.63M -31.18M -$91.63M
YoY Change 138.34% -2.22% -24.48%
NET CHANGE
Cash From Operating Activities $116.3M 95.17M $256.1M
Cash From Investing Activities -$38.05M -34.93M -$126.9M
Cash From Financing Activities -$97.63M -31.18M -$91.63M
Net Change In Cash -$20.05M 29.07M $37.56M
YoY Change -350.42% -2037.73% -117.6%
FREE CASH FLOW
Cash From Operating Activities $116.3M $95.17M $256.1M
Capital Expenditures $19.37M $30.57M $91.02M
Free Cash Flow $96.93M $64.60M $165.1M
YoY Change 102.02% 83.71% 40.03%

Facts In Submission

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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2022 bfam Exchange Of Stock Options Amount
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CY2022 us-gaap Treasury Stock Value Acquired Cost Method
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CY2022 us-gaap Treasury Stock Retired Cost Method Amount
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Net Income Loss
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80641000 usd
CY2022Q4 us-gaap Stockholders Equity
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CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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28834000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2023 bfam Exchange Of Stock Options Amount
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2592000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11528000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
74223000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
74223000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
80641000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
110681000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2023 bfam Amortization Of Original Issue Discount And Deferred Financing Costs And Other Non Cash Items
AmortizationOfOriginalIssueDiscountAndDeferredFinancingCostsAndOtherNonCashItems
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CY2022 bfam Amortization Of Original Issue Discount And Deferred Financing Costs And Other Non Cash Items
AmortizationOfOriginalIssueDiscountAndDeferredFinancingCostsAndOtherNonCashItems
2114000 usd
CY2021 bfam Amortization Of Original Issue Discount And Deferred Financing Costs And Other Non Cash Items
AmortizationOfOriginalIssueDiscountAndDeferredFinancingCostsAndOtherNonCashItems
2363000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2023 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022 us-gaap Unrealized Gain Loss On Derivatives
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CY2021 us-gaap Unrealized Gain Loss On Derivatives
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CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2022 bfam Changes In Fair Value Of Contingent Consideration
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CY2021 bfam Changes In Fair Value Of Contingent Consideration
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CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
4882000 usd
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
34624000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
11265000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6062000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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25999000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
19958000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2023 us-gaap Increase Decrease In Income Taxes
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3477000 usd
CY2022 us-gaap Increase Decrease In Income Taxes
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CY2021 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
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CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
48362000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
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CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
60198000 usd
CY2023 bfam Increase Decrease In Leases
IncreaseDecreaseInLeases
2083000 usd
CY2022 bfam Increase Decrease In Leases
IncreaseDecreaseInLeases
921000 usd
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5379000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1934000 usd
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NetCashProvidedByUsedInOperatingActivities
188471000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
227253000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
91020000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
63491000 usd
CY2023 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
225000 usd
CY2022 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
10547000 usd
CY2021 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
5829000 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Trading Securities Heldforinvestment
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment
19538000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Trading Securities Heldforinvestment
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment
23392000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Trading Securities Heldforinvestment
ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment
24080000 usd
CY2023 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
16050000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
25106000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
29912000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
39629000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
210409000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
53895000 usd
CY2023 us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
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CY2022 us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
5917000 usd
CY2021 us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-126936000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-278049000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Repayments Of Long Term Debt
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0 usd
CY2022 us-gaap Repayments Of Long Term Debt
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0 usd
CY2021 us-gaap Repayments Of Long Term Debt
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1026625000 usd
CY2022Q4 us-gaap Deferred Finance Costs Gross
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7700000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
402500000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
295000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
486500000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
211000000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2023 bfam Principal Payments Of Long Term Debt
PrincipalPaymentsOfLongTermDebt
16000000 usd
CY2022 bfam Principal Payments Of Long Term Debt
PrincipalPaymentsOfLongTermDebt
16000000 usd
CY2021 bfam Principal Payments Of Long Term Debt
PrincipalPaymentsOfLongTermDebt
8063000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2057000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
182570000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
213830000 usd
CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
11184000 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
13235000 usd
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
37503000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2592000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6138000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8662000 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
225000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
13865000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
594000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-91633000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2471000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3018000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
37557000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-213387000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-123184000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51894000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
265281000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
388465000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
265281000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71568000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36224000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
260980000 usd
CY2023Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
15756000 usd
CY2022Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
3512000 usd
CY2021Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
4301000 usd
CY2023Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
2127000 usd
CY2022Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
12158000 usd
CY2021Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
0 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89451000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51894000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
265281000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
73996000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
40871000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
32242000 usd
CY2023 bfam Cash Received From Cash Flow Hedges Of Interest Rate Risk
CashReceivedFromCashFlowHedgesOfInterestRateRisk
31826000 usd
CY2022 bfam Cash Received From Cash Flow Hedges Of Interest Rate Risk
CashReceivedFromCashFlowHedgesOfInterestRateRisk
7320000 usd
CY2021 bfam Cash Received From Cash Flow Hedges Of Interest Rate Risk
CashReceivedFromCashFlowHedgesOfInterestRateRisk
0 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
58736000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
50202000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
31662000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
156324000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
143732000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
141563000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2127000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2704000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1957000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
97653000 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
7337000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
54741000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
52367000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
71271000 usd
CY2023 bfam Restricted Stock Reclassification From Liabilities To Equity Upon Vesting
RestrictedStockReclassificationFromLiabilitiesToEquityUponVesting
8451000 usd
CY2022 bfam Restricted Stock Reclassification From Liabilities To Equity Upon Vesting
RestrictedStockReclassificationFromLiabilitiesToEquityUponVesting
4030000 usd
CY2021 bfam Restricted Stock Reclassification From Liabilities To Equity Upon Vesting
RestrictedStockReclassificationFromLiabilitiesToEquityUponVesting
4867000 usd
CY2023 bfam Noncash Treasury Purchases In Other Current Liabilities
NoncashTreasuryPurchasesInOtherCurrentLiabilities
0 usd
CY2022 bfam Noncash Treasury Purchases In Other Current Liabilities
NoncashTreasuryPurchasesInOtherCurrentLiabilities
0 usd
CY2021 bfam Noncash Treasury Purchases In Other Current Liabilities
NoncashTreasuryPurchasesInOtherCurrentLiabilities
228000 usd
CY2023 bfam Number Of Childcare And Early Education Centers Operated
NumberOfChildcareAndEarlyEducationCentersOperated
1049 center
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassification </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— Certain reclassifications have been made to prior year amounts within certain footnotes to conform to the current year presentation.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and footnotes thereto. Actual results may differ from those estimates.</span></div>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations of Credit Risk </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— Financial instruments that potentially expose the Company to concentrations of credit risk consisted mainly of cash and accounts receivable. The Company mitigates its exposure by maintaining its cash in financial institutions of high credit standing. The Company’s accounts receivable is derived primarily from the services it provides, and the related credit risk is dispersed across many clients in various industries with no single client accounting for more than 10% of the Company’s net revenue or accounts receivable. No significant credit concentration risk existed at December 31, 2023 and 2022.</span></div>
CY2023Q4 us-gaap Bank Overdrafts
BankOverdrafts
9000000 usd
CY2022Q4 us-gaap Bank Overdrafts
BankOverdrafts
8600000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2947000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3006000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2357000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
803000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1277000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2725000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1433000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1336000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2076000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2317000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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