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BFAM - Bright Horizons Fami...

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Bright Horizons Family Solutions Inc.

BFAM

NYSE

Bright Horizons Family Solutions Inc. provides early education and child care, back-up care, educational advisory, and other workplace solutions services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services. The Full Service Center-Based Child Care segment offers traditional center-based child care and early education, preschool, and elementary education services. The Back-Up Care segment provides center-based back-up child care, in-home child and adult/elder dependent care, school-age camps, virtual tutoring, and self-sourced reimbursed care services through child care centers, school-age campuses, and in-home caregivers, as well as the back-up care network. The Educational Advisory and Other Services segment offers tuition assistance and student loan repayment program administration, workforce education, and related educational consulting services, as well as college admissions advisory services. As of December 31, 2021, it operated 1,014 child care and early education centers in the United States, Puerto Rico, the United Kingdom, Canada, the Netherlands, and India. The company was formerly known as Bright Horizons Solutions Corp. and changed its name to Bright Horizons Family Solutions Inc. in July 2012. Bright Horizons Family Solutions Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.

125.42 USD

2.07 (1.65%)

BFAM Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

337.46M

256.14M

188.47M

227.25M

Net Income

140.19M

74.05M

80.64M

70.46M

Depreciation & Amortization

97.92M

110.68M

106.14M

108.83M

Deferred Income Taxes

-9.93M

-11.72M

-9.64M

-5M

Stock Based Compensation

33.62M

28.83M

28.11M

23.06M

Change in Working Capital

34.29M

5.72M

-40.18M

7.05M

Accounts Receivable

0

-64.5M

-4.88M

-34.62M

Inventory

0

0

0

-6.24M

Accounts Payable

30.64M

26M

19.96M

6.24M

Other Working Capital

3.64M

44.22M

-55.25M

41.67M

Other Non-Cash Items

41.38M

48.57M

23.4M

22.85M

CF from Investing Activities

-117.76M

-126.94M

-278.05M

-117.39M

Investments in Property, Plant & Equipment

-97.31M

-91.02M

-60.01M

-57.66M

Net Acquisitions

-8.27M

-39.63M

-210.41M

-53.9M

Investment Purchases

-52.6M

-16.05M

-31.02M

-29.91M

Sales/Maturities of Investments

0

19.54M

23.39M

24.08M

Other Investing Activites

40.41M

225k

-5.92M

-53.9M

CF from Financing Activities

-183.81M

-91.63M

-121.34M

-230.03M

Debt Repayment

-17M

-100M

68M

-42.39M

Common Stock Issued

0

0

0

0

Common Stock Repurchased

-84.6M

0

-182.57M

-213.83M

Dividends Paid

0

0

0

0

Other Financing Activites

-82.22M

-2.82M

-6.77M

26.19M

Free Cash Flow

240.15M

165.12M

128.46M

169.59M

Operating Cash Flow

337.46M

256.14M

188.47M

227.25M

Capital Expenditures

-97.31M

-91.02M

-60.01M

-57.66M

Cash at Beginning of Period

89.45M

51.89M

265.28M

388.46M

Cash at End of Period

123.72M

89.45M

51.89M

265.28M

Net Change In Cash

34.26M

37.56M

-213.39M

-123.18M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

625.83M

551.6M

470.96M

400.5M

Net Income

140.19M

74.05M

80.64M

70.46M

Stock Repurchases

-84.6M

0

-182.57M

-213.83M

Dividend Paid

0

0

0

0

Retained Earnings

766.02M

625.83M

551.6M

470.96M

Other Distributions

55.59M

74.22M

-101.93M

-143.37M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

1.3B

1.35B

1.37B

1.29B

Annual Depreciation

97.92M

110.68M

106.14M

108.83M

Capital Expenditure

-97.31M

-91.02M

-60.01M

-57.66M

Net PPE

1.3B

1.33B

1.33B

1.24B

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

-23.72M

58.55M

246.13M

49.76M

Goodwill (Previous Year)

1.79B

1.73B

1.48B

1.43B

Goodwill

1.76B

1.79B

1.73B

1.48B

All figures are in USD.

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