← BRIGHT HORIZONS FAMILY SOLUTIONS INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $93.9m |
$156.0m
+66.10%
|
$157.1m
+0.71%
|
$179.5m
+14.27%
|
$26.9m
-85.03%
|
$70.2m
+161.03%
|
$80.3m
+14.46%
|
$74.0m
-7.78%
|
$140.2m
+89.32%
|
$193.1m
+37.75%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $94.8m | $157.0m | $158.0m | $180.4m | $27.0m | $70.5m | $80.6m | $74.2m | $140.2m | $193.1m | — | |
| Depreciation, Depletion and Amortization | $85.3m | $94.8m | $100.9m | $108.3m | $111.7m | $108.8m | $106.1m | $110.7m | $97.9m | $93.4m | $96.6m | |
| Amortization of Debt Issuance Costs | $2.2m | $1.4m | $1.5m | $1.5m | $2.4m | ($2.1m) | $0 | $0 | $0 | ($3.0m) | — | |
| Amortization of Debt Issuance Costs and Discounts | $3.5m | $1.8m | $1.9m | $1.9m | $2.8m | $2.6m | $0 | $0 | $0 | ($3.0m) | — | |
| Amortization of Intangible Assets | $29.6m | $32.6m | $32.6m | $33.6m | $31.7m | $29.2m | $31.9m | $33.4m | $18.3m | $6.1m | — | |
| Depreciation | $55.6m | $62.2m | $68.4m | $74.6m | $80.0m | $79.7m | $74.2m | $77.3m | $79.6m | $87.3m | $96.6m | |
| Deferred Income Tax Expense (Benefit) | ($12.1m) | ($37.6m) | ($5.5m) | ($11.3m) | ($12.3m) | ($5.0m) | ($9.6m) | ($11.7m) | ($9.9m) | ($2.3m) | $627k | |
| Share-based Payment Arrangement, Noncash Expense | $11.6m | $12.1m | $13.8m | $17.3m | $21.0m | $23.1m | $28.1m | $28.8m | $33.6m | $30.6m | $30.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $29.8m | $7.5m | $11.3m | $12.2m | $8.7m | $6.1m | $2.6m | $5.3m | $15.5m | — | |
| Share-based Payment Arrangement, Expense | $11.6m | $12.1m | $13.8m | $17.3m | $21.0m | $23.1m | $28.1m | $28.8m | $33.6m | $30.6m | $30.1m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $2.1m | $0 | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.2m | $0 | $50.7m | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $1.3m | $2.8m | $21.0m | $15.2m | $23.2m | — | |
| Net Cash Provided by (Used in) Operating Activities | $213.3m |
$236.3m
+10.77%
|
$294.7m
+24.75%
|
$330.4m
+12.08%
|
$209.6m
-36.56%
|
$227.3m
+8.44%
|
$188.5m
-17.07%
|
$256.1m
+35.90%
|
$337.5m
+31.75%
|
$350.7m
+3.93%
|
$333.1m
-5.01%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $75.3m | $88.1m | $92.5m | $111.8m | $84.7m | $63.5m | $70.6m | $91.0m | $97.3m | $92.2m | ($97.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $143k | ($2.8m) | ($488k) | $2.3m | $2.1m | — | — | — | — | — | — | |
| Payments to Acquire Investments | — | — | $767k | — | — | — | — | — | — | — | ($22.6m) | |
| Restricted Cash and Investments, Current | — | — | $3.0m | $3.3m | $4.1m | $4.3m | $3.5m | $15.8m | $11.2m | $493k | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $228.7m | $21.5m | $67.1m | $53.4m | $8.3m | $53.9m | $210.4m | $39.6m | $8.3m | $6.8m | ($1.7m) | |
| Net Cash Provided by (Used in) Investing Activities | ($302.8m) | ($105.3m) | ($158.5m) | ($189.1m) | ($83.8m) | ($117.4m) | ($278.0m) | ($126.9m) | ($117.8m) | ($103.8m) | ($105.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $7.2m | $8.1m | $10.8m | $10.8m | $10.8m | $1.0b | $0 | $0 | — | $501.0m | ($530.3m) | |
| Gain (Loss) on Extinguishment of Debt | ($11.1m) | $0 | $0 | — | — | ($2.6m) | $0 | $0 | — | — | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | $992.3m | $0 | $0 | — | — | $1.4b | |
| Payments for Repurchase of Common Stock | $112.8m | $162.2m | $126.7m | $31.6m | $32.7m | $213.8m | $182.6m | $0 | $84.6m | $225.4m | — | |
| Proceeds from Issuance of Common Stock | $11.7m | $22.6m | $18.5m | $26.6m | $249.8m | $0 | $0 | $11.2m | $27.0m | $12.1m | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $93.8m |
($123.9m)
-232.11%
|
($134.2m)
-8.34%
|
($149.1m)
-11.13%
|
$229.0m
+253.56%
|
($230.0m)
-200.45%
|
($121.3m)
+47.25%
|
($91.6m)
+24.48%
|
($183.8m)
-100.60%
|
($233.4m)
-26.99%
|
($254.3m)
-8.96%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.1m) | $1.5m | ($103k) | $559k | $357.3m | ($123.2m) | ($213.4m) | $37.6m | $34.3m | $19.4m | $170.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.1m) | $1.5m | $38.5m | $31.2m | $388.5m | $265.3m | $51.9m | $89.5m | $123.7m | $143.2m | $170.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.1m) | $1.5m | ($103k) | $559k | $2.5m | ($3.0m) | ($2.5m) | ($14k) | ($1.6m) | $5.9m | ($2.9m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $43.1m | $35.3m | $32.2m | $40.9m | $74.0m | $73.9m | $55.9m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $72.6m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | ($2.9m) | — | ($5.9m) | $0 | $0 | — | — | |
| Goodwill | $1.3b | $1.3b | $1.3b | $1.4b | $1.4b | $1.5b | $1.7b | $1.8b | $1.8b | $1.8b | $50.7m | |
| Income Tax Expense (Benefit) | $48.4m | $4.4m | $33.6m | $42.3m | ($11.3m) | $19.9m | $31.5m | $45.4m | $57.7m | $76.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $48.8m | $44.8m | — | |
| Investment Income, Interest | $81k | — | — | — | — | — | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | ($305k) | $292k | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $11.7m | $22.6m | $18.5m | $21.8m | $31.4m | $30.1m | $10.1m | $11.2m | $27.0m | $12.1m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.9b | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | ($5.9m) | $0 | $0 | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.