Bright Horizons Family Solutions Inc
NYSE:BFAM
Income Statement
Earnings Waterfall
Bright Horizons Family Solutions Inc
Revenue
|
2.4B
USD
|
Cost of Revenue
|
-1.9B
USD
|
Gross Profit
|
531.7m
USD
|
Operating Expenses
|
-360.5m
USD
|
Operating Income
|
171.2m
USD
|
Other Expenses
|
-97.2m
USD
|
Net Income
|
74m
USD
|
Income Statement
Bright Horizons Family Solutions Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 219
N/A
|
1 271
+4%
|
1 308
+3%
|
1 335
+2%
|
1 353
+1%
|
1 371
+1%
|
1 394
+2%
|
1 425
+2%
|
1 458
+2%
|
1 493
+2%
|
1 525
+2%
|
1 543
+1%
|
1 570
+2%
|
1 607
+2%
|
1 650
+3%
|
1 700
+3%
|
1 741
+2%
|
1 782
+2%
|
1 827
+2%
|
1 865
+2%
|
1 903
+2%
|
1 941
+2%
|
1 980
+2%
|
2 020
+2%
|
2 062
+2%
|
2 067
+0%
|
1 832
-11%
|
1 659
-9%
|
1 515
-9%
|
1 400
-8%
|
1 547
+11%
|
1 670
+8%
|
1 755
+5%
|
1 825
+4%
|
1 874
+3%
|
1 954
+4%
|
2 021
+3%
|
2 114
+5%
|
2 227
+5%
|
2 332
+5%
|
2 418
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(938)
|
(979)
|
(1 008)
|
(1 030)
|
(1 039)
|
(1 048)
|
(1 058)
|
(1 076)
|
(1 101)
|
(1 126)
|
(1 150)
|
(1 161)
|
(1 179)
|
(1 207)
|
(1 240)
|
(1 278)
|
(1 310)
|
(1 343)
|
(1 376)
|
(1 404)
|
(1 430)
|
(1 455)
|
(1 479)
|
(1 507)
|
(1 539)
|
(1 562)
|
(1 400)
|
(1 296)
|
(1 208)
|
(1 120)
|
(1 230)
|
(1 287)
|
(1 340)
|
(1 381)
|
(1 408)
|
(1 479)
|
(1 542)
|
(1 624)
|
(1 728)
|
(1 805)
|
(1 887)
|
|
Gross Profit |
281
N/A
|
292
+4%
|
300
+3%
|
304
+1%
|
314
+3%
|
323
+3%
|
336
+4%
|
348
+4%
|
358
+3%
|
367
+3%
|
376
+2%
|
382
+2%
|
391
+2%
|
400
+2%
|
410
+2%
|
422
+3%
|
431
+2%
|
439
+2%
|
451
+3%
|
461
+2%
|
473
+3%
|
487
+3%
|
500
+3%
|
512
+2%
|
523
+2%
|
505
-3%
|
433
-14%
|
363
-16%
|
307
-15%
|
279
-9%
|
318
+14%
|
383
+20%
|
415
+8%
|
444
+7%
|
466
+5%
|
475
+2%
|
479
+1%
|
490
+2%
|
498
+2%
|
527
+6%
|
532
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(172)
|
(165)
|
(165)
|
(164)
|
(167)
|
(167)
|
(170)
|
(174)
|
(176)
|
(180)
|
(184)
|
(187)
|
(194)
|
(211)
|
(221)
|
(232)
|
(225)
|
(230)
|
(234)
|
(233)
|
(234)
|
(240)
|
(243)
|
(248)
|
(255)
|
(257)
|
(251)
|
(250)
|
(250)
|
(255)
|
(268)
|
(281)
|
(285)
|
(300)
|
(308)
|
(324)
|
(315)
|
(333)
|
(344)
|
(345)
|
(360)
|
|
Selling, General & Administrative |
(142)
|
(134)
|
(134)
|
(134)
|
(138)
|
(139)
|
(143)
|
(146)
|
(148)
|
(151)
|
(155)
|
(158)
|
(164)
|
(170)
|
(178)
|
(185)
|
(189)
|
(193)
|
(197)
|
(200)
|
(202)
|
(207)
|
(211)
|
(215)
|
(222)
|
(223)
|
(216)
|
(215)
|
(138)
|
(222)
|
(238)
|
(251)
|
(177)
|
(268)
|
(278)
|
(291)
|
(252)
|
(300)
|
(308)
|
(311)
|
(250)
|
|
Depreciation & Amortization |
(30)
|
(31)
|
(31)
|
(30)
|
(29)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(30)
|
(30)
|
(32)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(34)
|
(34)
|
(33)
|
(32)
|
(112)
|
(31)
|
(31)
|
(30)
|
(109)
|
(29)
|
(28)
|
(30)
|
(64)
|
(33)
|
(35)
|
(34)
|
(111)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
(11)
|
(15)
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
109
N/A
|
128
+17%
|
135
+6%
|
140
+4%
|
147
+5%
|
156
+6%
|
165
+6%
|
174
+5%
|
182
+4%
|
187
+3%
|
192
+2%
|
195
+2%
|
197
+1%
|
189
-4%
|
189
+0%
|
189
+0%
|
205
+8%
|
209
+2%
|
217
+4%
|
228
+5%
|
239
+5%
|
247
+3%
|
257
+4%
|
264
+3%
|
268
+1%
|
248
-7%
|
181
-27%
|
113
-38%
|
57
-50%
|
24
-58%
|
50
+109%
|
102
+104%
|
130
+28%
|
144
+11%
|
158
+10%
|
151
-4%
|
164
+9%
|
157
-4%
|
155
-1%
|
183
+18%
|
171
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(41)
|
(36)
|
(36)
|
(35)
|
(35)
|
(36)
|
(38)
|
(40)
|
(41)
|
(42)
|
(42)
|
(42)
|
(43)
|
(43)
|
(43)
|
(44)
|
(44)
|
(45)
|
(46)
|
(47)
|
(48)
|
(48)
|
(47)
|
(47)
|
(45)
|
(43)
|
(41)
|
(39)
|
(38)
|
(37)
|
(37)
|
(37)
|
(36)
|
(34)
|
(39)
|
(41)
|
(45)
|
(51)
|
(50)
|
(50)
|
(52)
|
|
Non-Reccuring Items |
(64)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
5
N/A
|
92
+1 771%
|
99
+8%
|
105
+6%
|
112
+7%
|
120
+7%
|
128
+7%
|
135
+5%
|
140
+4%
|
145
+4%
|
150
+3%
|
153
+2%
|
143
-6%
|
146
+2%
|
146
0%
|
146
0%
|
161
+11%
|
165
+2%
|
171
+4%
|
181
+6%
|
192
+6%
|
199
+4%
|
210
+5%
|
218
+4%
|
223
+2%
|
205
-8%
|
141
-31%
|
74
-47%
|
16
-79%
|
(13)
N/A
|
13
N/A
|
65
+409%
|
90
+40%
|
110
+21%
|
119
+9%
|
110
-8%
|
112
+2%
|
106
-6%
|
105
-1%
|
132
+26%
|
120
-10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
7
|
(13)
|
(23)
|
(28)
|
(40)
|
(41)
|
(44)
|
(46)
|
(46)
|
(49)
|
(50)
|
(51)
|
(48)
|
(35)
|
(32)
|
(23)
|
(27)
|
(34)
|
(33)
|
(40)
|
(34)
|
(36)
|
(38)
|
(38)
|
(42)
|
(36)
|
(21)
|
(2)
|
11
|
16
|
9
|
(9)
|
(20)
|
(27)
|
(30)
|
(30)
|
(32)
|
(36)
|
(40)
|
(46)
|
(45)
|
|
Income from Continuing Operations |
12
|
79
|
76
|
77
|
72
|
79
|
84
|
89
|
94
|
96
|
100
|
102
|
95
|
111
|
114
|
123
|
135
|
131
|
138
|
140
|
158
|
163
|
172
|
179
|
180
|
169
|
120
|
72
|
27
|
3
|
22
|
55
|
71
|
83
|
89
|
80
|
81
|
69
|
65
|
87
|
74
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
13
N/A
|
79
+529%
|
76
-4%
|
77
+0%
|
72
-6%
|
78
+9%
|
83
+7%
|
88
+6%
|
93
+6%
|
95
+2%
|
99
+4%
|
101
+2%
|
94
-7%
|
111
+18%
|
114
+3%
|
123
+8%
|
157
+28%
|
153
-3%
|
160
+5%
|
163
+2%
|
158
-3%
|
163
+3%
|
172
+5%
|
179
+4%
|
180
+1%
|
169
-6%
|
120
-29%
|
72
-40%
|
27
-63%
|
3
-88%
|
22
+555%
|
55
+155%
|
70
+28%
|
82
+17%
|
88
+7%
|
80
-10%
|
80
+1%
|
69
-14%
|
65
-6%
|
87
+33%
|
74
-14%
|