$BFAM
BRIGHT HORIZONS FAMILY SOLUTIONS INC. Stock $bfam

$bfam Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000143757824000017 Filed on May 06, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$670.1M	$622.7M
YoY Change	11.08%	12.48%
Cost Of Revenue	$507.6M	$487.6M
YoY Change	8.78%	12.87%
Gross Profit	$162.4M	$135.1M
YoY Change	18.93%	11.11%
Gross Profit Margin	24.24%	21.7%
Selling, General & Admin	$87.50M	$87.55M
YoY Change	6.84%	5.77%
% of Gross Profit	53.87%	64.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$25.47M	$27.63M
YoY Change	-11.94%	1.18%
% of Gross Profit	15.68%	20.45%
Operating Expenses	$87.50M	$87.55M
YoY Change	6.84%	5.77%
Operating Profit	$69.06M	$39.94M
YoY Change	51.67%	30.32%
Interest Expense	-$12.01M	-$13.68M
YoY Change	-1.69%	5.92%
% of Operating Profit	-17.4%	-34.26%
Other Income/Expense, Net
YoY Change
Pretax Income	$57.05M	$26.26M
YoY Change	71.24%	48.1%
Income Tax	$17.87M	$9.267M
% Of Pretax Income	31.33%	35.29%
Net Earnings	$39.17M	$16.99M
YoY Change	90.22%	109.07%
Net Earnings / Revenue	5.85%	2.73%
Basic Earnings Per Share	$0.68	$0.29
Diluted Earnings Per Share	$0.67	$0.29
COMMON SHARES
Basic Shares Outstanding	58.00M shares	57.96M shares
Diluted Shares Outstanding	58.44M shares	58.31M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$140.2M	$63.68M
YoY Change	112.46%	42.69%
Cash & Equivalents	$140.2M	$63.68M
Short-Term Investments
Other Short-Term Assets	$70.79M	$64.77M
YoY Change	-20.32%	-32.5%
Inventory
Prepaid Expenses
Receivables	$185.0M	$219.8M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$396.0M	$348.2M
YoY Change	17.82%	-6.23%
LONG-TERM ASSETS
Property, Plant & Equipment	$578.9M	$574.4M
YoY Change	-0.34%	-0.17%
Goodwill	$1.788B	$1.771B
YoY Change	1.17%	2.29%
Intangibles	$203.9M	$208.4M
YoY Change	-11.9%	-12.15%
Long-Term Investments
YoY Change
Other Assets	$114.1M	$121.4M
YoY Change	14.28%	30.18%
Total Long-Term Assets	$3.441B	$3.443B
YoY Change	-1.32%	0.27%
TOTAL ASSETS
Total Short-Term Assets	$396.0M	$348.2M
Total Long-Term Assets	$3.441B	$3.443B
Total Assets	$3.837B	$3.791B
YoY Change	0.37%	-0.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$282.8M	$238.0M
YoY Change	18.4%	13.04%
Accrued Expenses	$100.9M	$99.77M
YoY Change	3.55%	4.22%
Deferred Revenue	$258.9M	$278.6M
YoY Change	7.89%	5.54%
Short-Term Debt	$0.00	$0.00
YoY Change		-100.0%
Long-Term Debt Due	$23.50M	$21.00M
YoY Change	46.88%	31.25%
Total Short-Term Liabilities	$712.5M	$686.4M
YoY Change	-6.0%	-12.93%
LONG-TERM LIABILITIES
Long-Term Debt	$931.9M	$938.1M
YoY Change	-2.34%	-2.07%
Other Long-Term Liabilities	$91.56M	$105.8M
YoY Change	-3.28%	11.14%
Total Long-Term Liabilities	$1.023B	$1.044B
YoY Change	-2.42%	-0.88%
TOTAL LIABILITIES
Total Short-Term Liabilities	$712.5M	$686.4M
Total Long-Term Liabilities	$1.023B	$1.044B
Total Liabilities	$2.554B	$2.562B
YoY Change	-4.47%	-5.17%
SHAREHOLDERS EQUITY
Retained Earnings	$682.0M	$642.8M
YoY Change	17.52%	14.84%
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	$1.283B	$1.229B
YoY Change
Total Liabilities & Shareholders Equity	$3.837B	$3.791B
YoY Change	0.37%	-0.37%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$39.17M	$16.99M
YoY Change	90.22%	109.07%
Depreciation, Depletion And Amortization	$25.47M	$27.63M
YoY Change	-11.94%	1.18%
Cash From Operating Activities	$109.4M	$116.3M
YoY Change	-2.91%	72.78%
INVESTING ACTIVITIES
Capital Expenditures	$22.65M	$19.37M
YoY Change	8.88%	0.2%
Acquisitions		$2.503M
YoY Change		1968.6%
Other Investing Activities	-$3.437M	-$18.68M
YoY Change	-88.43%	-1791.94%
Cash From Investing Activities	-$26.08M	-$38.05M
YoY Change	-48.35%	108.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$4.000M
YoY Change		0.0%
Cash From Financing Activities	-9.125M	-$97.63M
YoY Change	-79.95%	138.34%
NET CHANGE
Cash From Operating Activities	109.4M	$116.3M
Cash From Investing Activities	-26.08M	-$38.05M
Cash From Financing Activities	-9.125M	-$97.63M
Net Change In Cash	74.24M	-$20.05M
YoY Change	344.0%	-350.42%
FREE CASH FLOW
Cash From Operating Activities	$109.4M	$116.3M
Capital Expenditures	$22.65M	$19.37M
Free Cash Flow	$86.80M	$96.93M
YoY Change	-5.58%	102.02%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Type Of Cost Good Or Service Extensible List TypeOfCostGoodOrServiceExtensibleList	http://fasb.org/us-gaap/2023#ServiceMember
CY2024Q1	us-gaap	Type Of Cost Good Or Service Extensible List TypeOfCostGoodOrServiceExtensibleList	http://fasb.org/us-gaap/2023#ServiceMember
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q1	us-gaap	Cost Of Revenue CostOfRevenue	487581000	usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue	431992000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	135128000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	121614000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	87546000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	82771000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7645000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8198000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	39937000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	30645000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-13681000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-12916000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	26256000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	17729000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9267000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9603000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	16989000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	8126000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57878401	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57603866	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	58310405	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	57709909	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	16989000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	8126000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-20319000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	6880000	usd
CY2024Q1	bfam	Other Comprehensive Income Loss Cash Flow Hedge And Investments Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeAndInvestmentsGainLossAfterReclassificationAndTaxParent	2411000	usd
CY2023Q1	bfam	Other Comprehensive Income Loss Cash Flow Hedge And Investments Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeAndInvestmentsGainLossAfterReclassificationAndTaxParent	-8899000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-17908000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2019000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-919000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	6107000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1212676000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7411000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	11589000	usd
CY2024Q1	bfam	Exchange Of Stock Options Amount ExchangeOfStockOptionsAmount	1488000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-17908000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	16989000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1229269000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1080453000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5850000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	12558000	usd
CY2023Q1	bfam	Exchange Of Stock Options Amount ExchangeOfStockOptionsAmount	1525000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2019000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	8126000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	1103443000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	16989000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	8126000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	27633000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	27310000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	7411000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5850000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1707000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-597000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-5447000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-2478000	usd
CY2024Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-61648000	usd
CY2023Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	13271000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-5765000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	8136000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-19921000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-20266000	usd
CY2024Q1	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	7082000	usd
CY2023Q1	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	5444000	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	8109000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	40249000	usd
CY2024Q1	bfam	Increase Decrease In Leases IncreaseDecreaseInLeases	1659000	usd
CY2023Q1	bfam	Increase Decrease In Leases IncreaseDecreaseInLeases	-1521000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2544000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2836000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	2048000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	15769000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	116301000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	67313000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	19371000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	19333000	usd
CY2024Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	27076000	usd
CY2023Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	6225000	usd
CY2024Q1	us-gaap	Proceeds From Sale And Maturity Of Trading Securities Heldforinvestment ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment	10900000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Maturity Of Trading Securities Heldforinvestment ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment	7450000	usd
CY2024Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	2503000	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	121000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-38050000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-18229000	usd
CY2024Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	140000000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	120000000	usd
CY2024Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	140000000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	159500000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4000000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4000000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	5509000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	4287000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1488000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1525000	usd
CY2024Q1	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	97653000	usd
CY2023Q1	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	225000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-97632000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-40963000	usd
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CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51894000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	69400000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	59901000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	63683000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44629000	usd
CY2024Q1	us-gaap	Restricted Cash Current RestrictedCashCurrent	3576000	usd
CY2023Q1	us-gaap	Restricted Cash Current RestrictedCashCurrent	12740000	usd
CY2024Q1	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	2141000	usd
CY2023Q1	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	2532000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	69400000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	59901000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	19624000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	17848000	usd
CY2024Q1	bfam	Cash Received From Cash Flow Hedges Of Interest Rate Risk CashReceivedFromCashFlowHedgesOfInterestRateRisk	6221000	usd
CY2023Q1	bfam	Cash Received From Cash Flow Hedges Of Interest Rate Risk CashReceivedFromCashFlowHedgesOfInterestRateRisk	7730000	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	3857000	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	4903000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	37960000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	39379000	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1528000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2167000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	23725000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	16375000	usd
CY2024Q1	bfam	Restricted Stock Reclassification From Liabilities To Equity Upon Vesting RestrictedStockReclassificationFromLiabilitiesToEquityUponVesting	6080000	usd
CY2023Q1	bfam	Restricted Stock Reclassification From Liabilities To Equity Upon Vesting RestrictedStockReclassificationFromLiabilitiesToEquityUponVesting	8192000	usd
CY2024Q1	bfam	Number Of Childcare And Early Education Centers Operated NumberOfChildcareAndEarlyEducationCentersOperated	1044	center
CY2021Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	400000000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	198300000	usd
CY2023Q1	bfam	Tax Deferrals Tax Credits And Employee Wage Support TaxDeferralsTaxCreditsAndEmployeeWageSupport	21600000	usd
CY2023Q1	bfam	Tax Deferrals Tax Credits And Employee Wage Support Related To Child Care Centers TaxDeferralsTaxCreditsAndEmployeeWageSupportRelatedToChildCareCenters	7400000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	622709000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	553606000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	169300000	usd
CY2023Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	140800000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	37731000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	37968000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	37968000	usd
CY2024Q1	us-gaap	Variable Lease Cost VariableLeaseCost	10771000	usd
CY2023Q1	us-gaap	Variable Lease Cost VariableLeaseCost	11175000	usd
CY2023Q1	us-gaap	Variable Lease Cost VariableLeaseCost	11175000	usd
CY2024Q1	us-gaap	Lease Cost LeaseCost	48502000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	49143000	usd
CY2023Q1	us-gaap	Undistributed Earnings Diluted UndistributedEarningsDiluted	8098000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P10Y
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P10Y
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.071
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.071
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	108275000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	151673000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	145496000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	136311000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	125397000	usd
CY2024Q1	bfam	Lessee Operating Lease Liability To Be Paid Due After Year Four LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour	588310000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1255462000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	366799000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	888663000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	99769000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	788894000	usd
CY2024Q1	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	14800000	usd
CY2023	bfam	Number Of Business Acquisition Transactions NumberOfBusinessAcquisitionTransactions	5	transaction
CY2023Q4	us-gaap	Goodwill Goodwill	1786405000	usd
CY2024Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	2342000	usd
CY2024Q1	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-25000	usd
CY2024Q1	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-17310000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	1771412000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57878401	shares
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	415571000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	387676000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	27895000	usd
CY2024Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	596106000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	387676000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	208430000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	416743000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	380758000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	35985000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	597334000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	380758000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	216576000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	10305000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	5863000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	4097000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	2937000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1606000	usd
CY2024Q1	bfam	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	3087000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	27895000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57603866	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	432004	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	106043	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	58310405	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	57709909	shares
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2024Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	18000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	16989000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	8126000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	16989000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8098000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	0	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	28000	usd
CY2024Q1	us-gaap	Undistributed Earnings UndistributedEarnings	16989000	usd
CY2023Q1	us-gaap	Undistributed Earnings UndistributedEarnings	8126000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57878401	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57603866	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	16989000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8098000	usd
CY2024Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	0	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	-28000	usd
CY2024Q1	bfam	Undistributed Adjusted Earnings Loss Allocated To Participating Securities Diluted UndistributedAdjustedEarningsLossAllocatedToParticipatingSecuritiesDiluted	0	usd
CY2023Q1	bfam	Undistributed Adjusted Earnings Loss Allocated To Participating Securities Diluted UndistributedAdjustedEarningsLossAllocatedToParticipatingSecuritiesDiluted	28000	usd
CY2024Q1	us-gaap	Undistributed Earnings Diluted UndistributedEarningsDiluted	16989000	usd
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.353
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.542
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	700000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	2100000	usd
CY2024Q1	bfam	Effective Income Tax Rate Reconciliation Excluding Excess Tax Benefits And Other Discrete Items Percent EffectiveIncomeTaxRateReconciliationExcludingExcessTaxBenefitsAndOtherDiscreteItemsPercent	0.28
CY2023Q1	bfam	Effective Income Tax Rate Reconciliation Excluding Excess Tax Benefits And Other Discrete Items Percent EffectiveIncomeTaxRateReconciliationExcludingExcessTaxBenefitsAndOtherDiscreteItemsPercent	0.30
CY2024Q1	bfam	Unrecognized Tax Benefits Including Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncludingIncomeTaxPenaltiesAndInterestAccrued	4700000	usd
CY2023Q4	bfam	Unrecognized Tax Benefits Including Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncludingIncomeTaxPenaltiesAndInterestAccrued	4600000	usd
CY2024Q1	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	4300000	usd
CY2024Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	34900000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	23900000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	34400000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	24000000	usd
CY2024Q1	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-13697000	usd
CY2024Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	4211000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-17908000	usd
CY2023Q1	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	3080000	usd
CY2023Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	5099000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2019000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	622709000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	39937000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	553606000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	30645000	usd
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

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$BFAM
BRIGHT HORIZONS FAMILY SOLUTIONS INC. Stock $bfam

2024 Q2 Form 10-Q Financial Statement

#000143757824000017 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BFAM BRIGHT HORIZONS FAMILY SOLUTIONS INC. Stock $bfam

2024 Q2 Form 10-Q Financial Statement

#000143757824000017 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BFAM
BRIGHT HORIZONS FAMILY SOLUTIONS INC. Stock $bfam