BRIGHT HORIZONS FAMILY SOLUTIONS INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
BFAM$51.74-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| Years ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (In thousands, except share data) | |||
| Revenue | $2,686,013 | $2,418,257 | $2,020,487 |
| Cost of services | 2,066,407 | 1,886,533 | 1,541,834 |
| Gross profit | 619,606 | 531,724 | 478,653 |
| Selling, general and administrative expenses | 354,645 | 327,068 | 289,156 |
| Amortization of intangible assets | 18,342 | 33,415 | 31,912 |
| Income from operations | 246,619 | 171,241 | 157,585 |
| Loss on foreign currency forward contracts | — | — | (5,917) |
| Interest expense — net | (48,761) | (51,609) | (39,486) |
| Income before income tax | 197,858 | 119,632 | 112,182 |
| Income tax expense | (57,667) | (45,409) | (31,541) |
| Net income | $140,191 | $74,223 | $80,641 |
| Earnings per common share: | |||
| Common stock — basic | $2.42 | $1.28 | $1.38 |
| Common stock — diluted | $2.40 | $1.28 | $1.37 |
| Weighted average common shares outstanding: | |||
| Common stock — basic | 57,931,572 | 57,717,102 | 58,344,817 |
| Common stock — diluted | 58,471,566 | 57,932,574 | 58,490,652 |
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