BRIGHT HORIZONS FAMILY SOLUTIONS INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
BFAM$51.97-2.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (In thousands, except share data) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $110,327 | $71,568 |
| Accounts receivable — net of allowance for credit losses of $3,571 and $2,317 at December 31, 2024 and 2023, respectively | 283,336 | 281,710 |
| Prepaid expenses and other current assets | 102,368 | 93,621 |
| Total current assets | 496,031 | 446,899 |
| Fixed assets — net | 572,939 | 579,296 |
| Goodwill | 1,762,683 | 1,786,405 |
| Other intangible assets — net | 197,575 | 216,576 |
| Operating lease right-of-use assets | 725,897 | 774,703 |
| Other assets | 95,194 | 92,265 |
| Total assets | $3,850,319 | $3,896,144 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $28,500 | $18,500 |
| Accounts payable and accrued expenses | 304,541 | 259,077 |
| Current portion of operating lease liabilities | 102,090 | 100,387 |
| Deferred revenue | 305,098 | 272,891 |
| Other current liabilities | 39,170 | 148,578 |
| Total current liabilities | 779,399 | 799,433 |
| Long-term debt — net | 918,449 | 944,264 |
| Operating lease liabilities | 743,562 | 796,701 |
| Other long-term liabilities | 94,501 | 101,259 |
| Deferred revenue | 15,713 | 8,656 |
| Deferred income taxes | 20,299 | 33,155 |
| Total liabilities | 2,571,923 | 2,683,468 |
| Commitments and contingencies (Note 20) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value; 25,000,000 shares authorized; no shares issued or outstanding at December 31, 2024 and 2023 | — | — |
| Common stock, $0.001 par value; 475,000,000 shares authorized; 57,404,736 and 57,817,593 shares issued and outstanding at December 31, 2024 and 2023, respectively | 57 | 58 |
| Additional paid-in capital | 622,618 | 645,894 |
| Accumulated other comprehensive loss | (110,295) | (59,101) |
| Retained earnings | 766,016 | 625,825 |
| Total stockholders’ equity | 1,278,396 | 1,212,676 |
| Total liabilities and stockholders’ equity | $3,850,319 | $3,896,144 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.