KinderCare Learning Companies, Inc.
For the period ended Mar 29, 2025. Filed May 13, 2025.
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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.
Mar 29, 2025 · Filed May 13, 2025
KLC$2.21-5.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited)
(In thousands, except per share data)
| Three Months Ended | ||
|---|---|---|
| March 29, 2025 | March 30, 2024 | |
| Revenue | $668,244 | $654,670 |
| Costs and expenses: | ||
| Cost of services (excluding depreciation and impairment) | 516,188 | 497,694 |
| Depreciation and amortization | 29,977 | 28,540 |
| Selling, general, and administrative expenses | 71,727 | 90,455 |
| Impairment losses | 1,510 | 4,362 |
| Total costs and expenses | 619,402 | 621,051 |
| Income from operations | 48,842 | 33,619 |
| Interest expense | 20,108 | 36,420 |
| Interest income | (659) | (2,108) |
| Other expense (income), net | 398 | (3,284) |
| Income before income taxes | 28,995 | 2,591 |
| Income tax expense | 7,838 | 4,342 |
| Net income (loss) | $21,157 | $(1,751) |
| Other comprehensive income, net of tax: | ||
| Change in net (losses) gains on cash flow hedges | (4,407) | 4,750 |
| Total comprehensive income | $16,750 | $2,999 |
| Net income (loss) per common share: | ||
| Basic | $0.18 | $(0.02) |
| Diluted | $0.18 | $(0.02) |
| Weighted average number of common shares outstanding: | ||
| Basic | 118,239 | 90,366 |
| Diluted | 118,321 | 90,366 |
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