KinderCare Learning Companies Inc
For the period ended Sep 28, 2024. Filed Nov 21, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 28, 2024 · Filed Nov 21, 2024
KLC$2.10+5.0%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
(In thousands, except share data)
| September 28, 2024 | December 30, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $137,240 | $156,147 |
| Accounts receivable, net | 100,923 | 88,086 |
| Prepaid expenses and other current assets | 64,656 | 39,194 |
| Total current assets | 302,819 | 283,427 |
| Property and equipment, net | 413,310 | 395,745 |
| Goodwill | 1,119,259 | 1,110,591 |
| Intangible assets, net | 432,149 | 439,001 |
| Operating lease right-of-use assets | 1,372,242 | 1,351,863 |
| Other assets | 82,718 | 72,635 |
| Total assets | $3,722,497 | $3,653,262 |
| Liabilities and Shareholder's Equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $226,680 | $154,463 |
| Current portion of long-term debt | 15,827 | 13,250 |
| Operating lease liabilities—current | 144,731 | 133,225 |
| Deferred revenue | 28,181 | 25,807 |
| Other current liabilities | 89,114 | 99,802 |
| Total current liabilities | 504,533 | 426,547 |
| Long-term debt, net | 1,496,423 | 1,236,974 |
| Operating lease liabilities—long-term | 1,315,098 | 1,301,656 |
| Deferred income taxes, net | 57,715 | 60,733 |
| Other long-term liabilities | 113,153 | 120,472 |
| Total liabilities | 3,486,922 | 3,146,382 |
| Commitments and contingencies (Note 16) | ||
| Shareholder's equity: | ||
| Common stock, par value $0.01; 200,000,000 shares authorized; 90,366,089 shares issued and outstanding as of September 28, 2024 and December 30, 2023 | 904 | 904 |
| Additional paid-in capital | 77,425 | 383,188 |
| Retained earnings | 163,844 | 123,101 |
| Accumulated other comprehensive loss | (6,598) | (313) |
| Total shareholder's equity | 235,575 | 506,880 |
| Total liabilities and shareholder's equity | $3,722,497 | $3,653,262 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.