KinderCare Learning Companies, Inc.
For the period ended Apr 4, 2026. Filed May 14, 2026.
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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.
Apr 4, 2026 · Filed May 14, 2026
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 Balance Sheets (Unaudited)
(In thousands, except per share data)
| April 4, 2026 | January 3, 2026 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $132,874 | $133,205 |
| Accounts receivable, net | 106,782 | 118,523 |
| Prepaid expenses and other current assets | 104,336 | 106,291 |
| Total current assets | 343,992 | 358,019 |
| Property and equipment, net of accumulated depreciation of 589,254 and 582,808 | 403,871 | 417,789 |
| Goodwill | 691,900 | 964,829 |
| Intangible assets, net of accumulated amortization of 159,511 and 157,437 | 418,848 | 420,922 |
| Operating lease right-of-use assets | 1,501,223 | 1,500,786 |
| Other assets | 81,809 | 85,545 |
| Total assets | $3,441,643 | $3,747,890 |
| Liabilities and Shareholders' Equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $154,167 | $163,312 |
| Current portion of long-term debt | 9,620 | 9,620 |
| Operating lease liabilities—current | 149,753 | 146,594 |
| Deferred revenue | 50,399 | 49,577 |
| Other current liabilities | 104,078 | 115,762 |
| Total current liabilities | 468,017 | 484,865 |
| Long-term debt, net | 916,993 | 917,925 |
| Operating lease liabilities—long-term | 1,451,863 | 1,447,524 |
| Deferred income taxes, net | 35,702 | 35,454 |
| Other long-term liabilities | 97,975 | 106,860 |
| Total liabilities | 2,970,550 | 2,992,628 |
| Commitments and contingencies (Note 13) | ||
| Shareholders' equity: | ||
| Preferred stock, par value $0.01; 25,000 shares authorized; no shares issued and outstanding as of April 4, 2026 and January 3, 2026 | — | — |
| Common stock, par value $0.01; 750,000 shares authorized; 118,428 shares issued and outstanding as of April 4, 2026 and 118,340 shares issued and outstanding as of January 3, 2026 | 1,184 | 1,183 |
| Additional paid-in capital | 843,711 | 841,301 |
| Retained deficit | (372,451) | (82,619) |
| Accumulated other comprehensive loss | (1,351) | (4,603) |
| Total shareholders' equity | 471,093 | 755,262 |
| Total liabilities and shareholders' equity | $3,441,643 | $3,747,890 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.