ORGANIZATION Organization — Bright Horizons Family Solutions Inc. (“Bright Horizons” or the “Company”) provides center-based early education and child care, back-up child and adult/elder care, tuition assistance and student loan repayment program administration, educational advisory services, and other support services for employers and families in the United States, the United Kingdom, the Netherlands, Puerto Rico, and India. The Company provides services designed to help families, employers and their employees better integrate work and family life, primarily under multi-year contracts with employers who offer child care, dependent care, and workforce education services, as part of their employee benefits packages in an effort to support employees across life and career stages and improve employee engagement.
COVID-19 Pandemic — Since March 2020, the Company’s global operations have been significantly impacted by the ongoing COVID-19 pandemic and the measures undertaken to prevent its spread. During the early stages of the pandemic, most of the Company’s centers were temporarily closed. While nearly all centers have re-opened, the Company continues to be impacted by the ongoing effects of COVID-19. As of December 31, 2021, the Company operated 1,014 early education and child care centers, of which 977 early education and child care centers were open. The Company remains focused on the enrollment of its centers and expanding the delivery of back-up use across our network of providers.
Free historical financial statements for Bright Horizons Family Solutions I.
See how revenue, income, cash flow, and balance sheet financials have changed over 47 quarters since 2013. Compare with BFAM stock chart to see long term trends.