KinderCare Learning Companies, Inc.
For the period ended Dec 28, 2024. Filed Mar 21, 2025.
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FY2024 · Filed Mar 21, 2025
KLC$2.33+11.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
KinderCare Lear ning Companies, Inc.
Consolidated Balance Sheets
(In thousands, except share data)
| December 28, 2024 | December 30, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $62,336 | $156,147 |
| Accounts receivable, net | 104,333 | 88,086 |
| Prepaid expenses and other current assets | 48,104 | 39,194 |
| Total current assets | 214,773 | 283,427 |
| Property and equipment, net | 418,524 | 395,745 |
| Goodwill | 1,119,714 | 1,110,591 |
| Intangible assets, net | 429,766 | 439,001 |
| Operating lease right-of-use assets | 1,373,064 | 1,351,863 |
| Other assets | 89,626 | 72,635 |
| Total assets | $3,645,467 | $3,653,262 |
| Liabilities and Shareholders' Equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $152,660 | $154,463 |
| Related party payables | 119 | — |
| Current portion of long-term debt | 7,251 | 13,250 |
| Operating lease liabilities—current | 144,919 | 133,225 |
| Deferred revenue | 26,376 | 25,807 |
| Other current liabilities | 81,433 | 99,802 |
| Total current liabilities | 412,758 | 426,547 |
| Long-term debt, net | 918,719 | 1,236,974 |
| Operating lease liabilities—long-term | 1,315,587 | 1,301,656 |
| Deferred income taxes, net | 30,907 | 60,733 |
| Other long-term liabilities | 102,987 | 120,472 |
| Total liabilities | 2,780,958 | 3,146,382 |
| Commitments and contingencies (Note 21) | ||
| Shareholders' equity: | ||
| Preferred stock, par value $0.01; 25,000,000 shares authorized; no shares issued and outstanding as of December 28, 2024 and December 30, 2023 | — | — |
| Common stock, par value $0.01; 750,000,000 shares authorized; 117,984,749 shares issued and outstanding as of December 28, 2024 and 90,366,089 shares issued and outstanding as of December 30, 2023 | 1,180 | 904 |
| Additional paid-in capital | 830,369 | 383,188 |
| Retained earnings | 30,261 | 123,101 |
| Accumulated other comprehensive income (loss) | 2,699 | (313) |
| Total shareholders' equity | 864,509 | 506,880 |
| Total liabilities and shareholders' equity | $3,645,467 | $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.