false000143757800014375782024-11-042024-11-04

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): November 4, 2024
bfamcompanylogo2.gif
BRIGHT HORIZONS FAMILY SOLUTIONS INC.
(Exact name of registrant as specified in its charter)
Delaware001-3578080-0188269
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(I.R.S. Employer
Identification Number)
  2 Wells Avenue
Newton, Massachusetts
02459
(Address of principal executive offices)(Zip code)
Registrant’s telephone number, including area code: (617) 673-8000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.001 par value per shareBFAMNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company    ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐


Item 2.02Results of Operations and Financial Condition
On November 4, 2024, Bright Horizons Family Solutions Inc. issued a press release announcing its financial results for the fiscal quarter ended September 30, 2024 and updated financial guidance for the year 2024. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
The information contained in this Item, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in any such filing.
Item 9.01Financial Statements and Exhibits
(d)    Exhibits
99.1
104Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
BRIGHT HORIZONS FAMILY SOLUTIONS INC.
Date:November 4, 2024By:/s/ Elizabeth Boland
Elizabeth Boland
Chief Financial Officer


Exhibit 99.1
Bright Horizons Family Solutions Reports Financial Results for Third Quarter of 2024
NEWTON, MA - (BUSINESS WIRE) - November 4, 2024 - Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the third quarter of 2024 and updated financial guidance for 2024.
Third Quarter 2024 Highlights (compared to Third Quarter 2023):
•Revenue of $719 million (increase of 11%)
•Income from operations of $89 million (increase of 34%)
•Net income of $55 million and diluted earnings per common share of $0.94 (increases of 37% and 36%, respectively)
Non-GAAP financial measures
•Adjusted EBITDA* of $121 million (increase of 20%)
•Adjusted income from operations* of $89 million (increase of 34%)
•Adjusted net income* of $65 million and diluted adjusted earnings per common share* of $1.11 (increases of 27% and 26%, respectively)
“I am pleased to report solid financial results for the third quarter,” said Stephen Kramer, Chief Executive Officer. “Total revenue increased 11% with 26% adjusted EPS growth. Enrollment levels continued to expand year-over-year with 9% revenue growth in our Full Service segment, while our Back-Up Care segment delivered another exceptional quarter with stronger-than-expected use driving 18% revenue growth.”
“I am also proud of our employees working and living in the areas hit hard by Hurricanes Helene and Milton,” Kramer continued. “Not only have they been able to support each other through this difficult time, but they have also been able to provide our clients and the families we serve with critical child care services in Florida, Georgia and North Carolina, allowing employers and their employees to provide the services their communities desperately need.”
Third Quarter 2024 Results
Revenue increased by $73.3 million, or 11%, in the third quarter of 2024 from the third quarter of 2023, due to enrollment gains and tuition price increases at our centers, as well as increased utilization of back-up care services.
Income from operations was $89.4 million for the third quarter of 2024 compared to $66.8 million for the third quarter of 2023, an increase of 34%. The increase in income from operations is primarily related to incremental gross profit contributions resulting from higher utilization of services in our back-up care segment, as well as enrollment growth and improving operating leverage in our full service center-based child care segment. These contributions were partially offset by a decrease of approximately $9 million in funding received from pandemic-related government support programs and incremental overhead costs to support expanded service delivery. Net income was $54.9 million for the third quarter of 2024 compared to $40.0 million for the third quarter of 2023, an increase of 37%, due to the increase in income from operations noted above, partially offset by a higher effective tax rate. Diluted earnings per common share was $0.94 for the third quarter of 2024 compared to $0.69 for the third quarter of 2023.
In the third quarter of 2024, adjusted EBITDA* increased by $19.8 million, or 20%, to $121.0 million, and adjusted income from operations* increased by $22.6 million, or 34%, to $89.4 million from the third quarter of 2023, due to increased contributions from both the back-up care segment and full service center-based child care segment. Adjusted net income* increased by $13.8 million, or 27%, to $64.9 million, as a result of the increase in adjusted income from operations and a lower tax rate. Diluted adjusted earnings per common share* was $1.11 for the third quarter of 2024 compared to $0.88 for the third quarter of 2023.
As of September 30, 2024, the Company operated 1,028 early education and child care centers with the capacity to serve approximately 115,000 children.
*Adjusted EBITDA, adjusted income from operations, adjusted net income and diluted adjusted earnings per common share are financial measures that are not calculated in accordance with generally accepted accounting principles in the United States (“GAAP”), which are commonly referred to as “non-GAAP financial measures.” Adjusted EBITDA represents EBITDA (which is net income, as determined in accordance with GAAP, before interest expense, income tax expense, depreciation, and amortization) adjusted to exclude stock-based compensation expense and non-recurring costs, such as value-added tax expense related to prior periods and at times, other non-recurring costs, such as transaction costs and impairment costs. Adjusted income from operations represents income from operations, as determined in accordance with GAAP, adjusted to exclude non-recurring costs, such as value-added tax expense related to prior periods and at times, other non-recurring costs, such as transaction costs and impairment costs. Adjusted net income represents net income, as determined in accordance with GAAP, adjusted to exclude amortization, stock-based compensation expense, and non-recurring costs, such as value-added tax expense related to prior periods, interest on deferred consideration, and the income tax provision (benefit) thereon, and at times, other non-recurring costs, such as transaction costs and impairment costs. Diluted adjusted earnings per common share is calculated using adjusted net income. These non-GAAP financial measures are more fully described and are reconciled from the respective measures determined under GAAP in “Presentation of Non-GAAP Financial Measures” and the attached table “Bright Horizons Family Solutions Inc. Non-GAAP Reconciliations,” respectively.
Balance Sheet and Liquidity
At September 30, 2024, the Company had $109.9 million of cash and cash equivalents and $389.8 million available for borrowing under our revolving credit facility. In the nine months ended September 30, 2024, we generated $216.8 million of cash from operations, compared to $161.0 million for the same period in 2023, and made net investments totaling $92.7 million, compared to $92.0 million for the same period in the prior year. Additionally, during the nine months ended September 30, 2024, the Company paid deferred and contingent consideration related to acquisitions, including $106.5 million related to its 2022 acquisition of Only About Children, a child care operator in Australia.
2024 Outlook
Based on current trends and expectations, we currently expect fiscal year 2024 revenue to be approximately $2.675 billion and diluted adjusted earnings per common share to be in the range of $3.37 to $3.42. The Company will provide additional information on its outlook during its earnings conference call.
Conference Call
Bright Horizons Family Solutions will host an investor conference call today at 5:00 pm ET to discuss the results for the third quarter of 2024, as well as the Company’s updated business outlook, strategy and operating expectations. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for international callers, 1-201-689-8470, and asking for the Bright Horizons Family Solutions conference call moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available through November 18, 2024 at 1-844-512-2921, or for international callers, at 1-412-317-6671, conference ID #13744697. A link to the audio webcast of the conference call and a copy of this press release are also available through the Investor Relations section of the Company’s web site, www.brighthorizons.com.
Forward-Looking Statements
This press release includes forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company’s actual results may vary significantly from the results anticipated in these forward-looking statements, which can generally be identified by the use of forward-looking terminology, including the terms “believes,” “expects,” “may,” “will,” “should,” “seeks,” “projects,” “approximately,” “intends,” “plans,” “estimates” or “anticipates,” or, in each case, their negatives or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts, including statements regarding the Company’s intentions, beliefs or current expectations concerning, among other things, our results of operations, financial condition, liquidity, operating expectations, execution and delivery of our services and solutions, business trends, our future growth opportunities, enrollment levels, back-up care use, long-term growth strategy, estimated effective tax rate, tax expense, our future business and financial performance, and our 2024 financial guidance. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The Company believes that these risks and uncertainties include, but are not limited to, changes in the demand for child care, dependent care and other workplace solutions, including variations in enrollment trends and lower than expected demand from employer sponsor clients as well as variations in workforce demographics and work environments; the constrained labor market for teachers and staff and ability to hire and retain talent, including the impact of increased compensation and labor costs; the availability or lack of government support and impact of government child care benefit programs; our ability to respond to changing client and customer needs; the possibility that acquisitions may disrupt our operations and expose us to additional risk; our ability to pass on our increased costs; our indebtedness and the terms of such indebtedness; our ability to withstand seasonal fluctuations in the demand for our services; our ability to implement our growth strategies successfully; changes in general economic, political, business and financial market conditions, including the impact of inflation and interest rate fluctuations; fluctuations in currency exchange rates; the effects of a cyber-attack, data breach or other security incident on our information technology system or software or those of our third party vendors; changes in tax rates or policies; impacts to our brand or reputation; and other risks and uncertainties more fully described in the “Risk Factors” section of our Annual Report on Form 10-K filed on February 27, 2024, and other factors disclosed from time to time in our other filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the time of this release and we do not undertake to publicly update or revise them, whether as a result of new information, future events or otherwise, except as required by law.
Presentation of Non-GAAP Financial Measures
In addition to the results provided in accordance with GAAP throughout this press release, the Company has provided certain non-GAAP financial measures that present operating results on a basis adjusted for certain items. The Company uses these non-GAAP financial measures as key performance indicators for the purpose of evaluating performance internally, and in connection with determining incentive compensation for Company management, including executive officers. Adjusted EBITDA is also used in connection with the determination of certain ratio requirements under our credit agreement. We believe that these non-GAAP financial measures provide investors with useful information with respect to our historical operations. These non-GAAP financial measures are not intended to replace, and should not be considered superior to, the presentation of our financial results in accordance with GAAP. The use of the terms adjusted EBITDA, adjusted income from operations, adjusted net income and diluted adjusted earnings per common share may differ from similar measures reported by other companies and may not be comparable to other similarly titled measures.
With respect to our outlook for diluted adjusted earnings per common share, we do not provide the most directly comparable GAAP financial measure or corresponding reconciliation to such GAAP financial measure on a forward-looking basis. We are unable to predict with reasonable certainty and without unreasonable effort certain items such as the timing and amount of net excess income tax benefits, future impairments, transaction costs, and other non-recurring costs, as well as gains or losses from the early retirement of debt and the outcome from legal proceedings. These items are uncertain, depend on various factors outside our management’s control, and could significantly impact, either individually or in the aggregate, our future period earnings per common share as calculated and presented in accordance with GAAP.
For more information regarding adjusted EBITDA, adjusted income from operations, adjusted net income and diluted adjusted earnings per common share, refer to the reconciliation of GAAP financial measures to the non-GAAP financial measures in the attached table “Bright Horizons Family Solutions Inc. Non-GAAP Reconciliations.”
About Bright Horizons Family Solutions Inc.
Bright Horizons® is a leading global provider of high-quality early education and child care, back-up care, and workforce education services. For more than 35 years, we have partnered with employers to support workforces by providing services that help working families and employees thrive personally and professionally. Bright Horizons operates more than 1,000 early education and child care centers in the United States, the United Kingdom, the Netherlands, Australia and India, and serves more than 1,450 of the world’s leading employers. Bright Horizons’ early education and child care centers, back-up child and elder care, and workforce education programs help employees succeed at each life and career stage. For more information, go to www.brighthorizons.com.
Contacts:
Investors:
Elizabeth Boland
Chief Financial Officer - Bright Horizons
eboland@brighthorizons.com
617-673-8125
Michael Flanagan
Vice President - Investor Relations - Bright Horizons
michael.flanagan@brighthorizons.com
617-673-8720
Media:
Ilene Serpa
Vice President - Communications - Bright Horizons
iserpa@brighthorizons.com
617-673-8044



BRIGHT HORIZONS FAMILY SOLUTIONS INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except share data)
(Unaudited)

Three Months Ended September 30,
2024%2023%
Revenue$719,099 100.0 %$645,787 100.0 %
Cost of services537,564 74.8 %488,142 75.6 %
Gross profit181,535 25.2 %157,645 24.4 %
Selling, general and administrative expenses89,499 12.4 %83,253 12.9 %
Amortization of intangible assets2,640 0.4 %7,568 1.2 %
Income from operations89,396 12.4 %66,824 10.3 %
Interest expense — net(11,613)(1.6)%(12,222)(1.8)%
Income before income tax77,783 10.8 %54,602 8.5 %
Income tax expense(22,878)(3.2)%(14,623)(2.3)%
Net income$54,905 7.6 %$39,979 6.2 %
Earnings per common share:
Common stock — basic$0.95 $0.69 
Common stock — diluted$0.94 $0.69 
Weighted average common shares outstanding:
Common stock — basic58,062,009 57,765,332 
Common stock — diluted58,701,618 58,045,137 



BRIGHT HORIZONS FAMILY SOLUTIONS INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except share data)
(Unaudited)

Nine Months Ended September 30,
2024%2023%
Revenue$2,011,867 100.0 %$1,802,609 100.0 %
Cost of services1,532,792 76.2 %1,386,787 76.9 %
Gross profit479,075 23.8 %415,822 23.1 %
Selling, general and administrative expenses264,544 13.1 %247,923 13.8 %
Amortization of intangible assets16,139 0.8 %24,898 1.4 %
Income from operations198,392 9.9 %143,001 7.9 %
Interest expense — net(37,307)(1.9)%(37,357)(2.0)%
Income before income tax161,085 8.0 %105,644 5.9 %
Income tax expense(50,017)(2.5)%(36,945)(2.1)%
Net income$111,068 5.5 %$68,699 3.8 %
Earnings per common share:
Common stock — basic$1.92 $1.19 
Common stock — diluted$1.90 $1.18 
Weighted average common shares outstanding:
Common stock — basic57,970,587 57,692,254 
Common stock — diluted58,483,404 57,886,823 



BRIGHT HORIZONS FAMILY SOLUTIONS INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)

September 30, 2024December 31, 2023
ASSETS
Current assets:
Cash and cash equivalents$109,933 $71,568 
Accounts receivable — net231,535 281,710 
Prepaid expenses and other current assets62,548 93,621 
Total current assets404,016 446,899 
Fixed assets — net597,202 579,296 
Goodwill1,827,935 1,786,405 
Other intangible assets — net203,046 216,576 
Operating lease right-of-use assets773,613 774,703 
Other assets109,001 92,265 
Total assets$3,914,813 $3,896,144 
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt$26,000 $18,500 
Accounts payable and accrued expenses278,659 259,077 
Current portion of operating lease liabilities104,664 100,387 
Deferred revenue222,213 272,891 
Other current liabilities35,358 148,578 
Total current liabilities666,894 799,433 
Long-term debt — net925,653 944,264 
Operating lease liabilities787,095 796,701 
Other long-term liabilities112,733 109,915 
Deferred income taxes23,247 33,155 
Total liabilities2,515,622 2,683,468 
Total stockholders’ equity1,399,191 1,212,676 
Total liabilities and stockholders’ equity$3,914,813 $3,896,144 



BRIGHT HORIZONS FAMILY SOLUTIONS INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)

Nine Months Ended September 30,
20242023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income$111,068 $68,699 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization75,601 82,732 
Stock-based compensation expense24,607 21,154 
Deferred income taxes(6,844)(3,688)
Non-cash interest and other — net10,464 8,867 
Changes in assets and liabilities1,917 (16,793)
Net cash provided by operating activities216,813 160,971 
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of fixed assets — net(65,254)(60,225)
Purchases of debt securities and other investments(43,049)(9,463)
Proceeds from the maturity of debt securities and sale of other investments23,908 15,451 
Payments and settlements for acquisitions — net of cash acquired(8,267)(37,772)
Net cash used in investing activities(92,662)(92,009)
CASH FLOWS FROM FINANCING ACTIVITIES:
Revolving credit facility — net— (54,600)
Principal payments of long-term debt(12,000)(12,000)
Proceeds from issuance of common stock upon exercise of options24,808 8,764 
Taxes paid related to the net share settlement of stock options and restricted stock(4,758)(2,396)
Payments of deferred and contingent consideration for acquisitions(103,872)(225)
Net cash used in financing activities(95,822)(60,457)
Effect of exchange rates on cash, cash equivalents and restricted cash1,307 (1,280)
Net increase in cash, cash equivalents and restricted cash29,636 7,225 
Cash, cash equivalents and restricted cash — beginning of period89,451 51,894 
Cash, cash equivalents and restricted cash — end of period$119,087 $59,119 



BRIGHT HORIZONS FAMILY SOLUTIONS INC.
SEGMENT INFORMATION
(In thousands)
(Unaudited)

Full service
center-based
child care		Back-up careEducational
advisory services		Total
Three Months Ended September 30, 2024
Revenue$486,567 $201,783 $30,749 $719,099 
Income from operations12,465 70,487 6,444 89,396 
Adjusted income from operations12,465 70,487 6,444 89,396 
As a percentage of revenue3 %35 %21 %12 %
Three Months Ended September 30, 2023
Revenue$444,747 $171,423 $29,617 $645,787 
Income from operations6,990 52,257 7,577 66,824 
Adjusted income from operations6,990 52,257 7,577 66,824 
As a percentage of revenue2 %30 %26 %10 %
Full service
center-based
child care		Back-up careEducational
advisory services		Total
Nine Months Ended September 30, 2024
Revenue$1,477,284 $452,945 $81,638 $2,011,867 
Income from operations66,553 118,063 13,776 198,392 
Adjusted income from operations 66,553 118,063 13,776 198,392 
As a percentage of revenue5 %26 %17 %10 %
Nine Months Ended September 30, 2023
Revenue$1,333,469 $389,391 $79,749 $1,802,609 
Income from operations28,493 97,500 17,008 143,001 
Adjusted income from operations (1)
30,237 101,796 17,008 149,041 
As a percentage of revenue2 %26 %21 %8 %
(1)For the nine months ended September 30, 2023, adjusted income from operations represents income from operations excluding value-added-tax expense of $6.0 million related to prior periods, of which $4.3 million was associated with the back-up care segment and $1.7 million was associated with the full service center-based child care segment.



BRIGHT HORIZONS FAMILY SOLUTIONS INC.
NON-GAAP RECONCILIATIONS
(In thousands, except share data)
(Unaudited)

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Net income$54,905$39,979$111,068$68,699
Interest expense — net11,61312,22237,30737,357
Income tax expense22,87814,62350,01736,945
Depreciation19,86218,93559,46257,834
Amortization of intangible assets (a)
2,6407,56816,13924,898
EBITDA111,89893,327273,993225,733
As a percentage of revenue16%14%14%13%
Additional adjustments:
Stock-based compensation expense (b)
9,0917,84124,60721,154
Other costs (c)
———6,040
Total adjustments9,0917,84124,60727,194
Adjusted EBITDA$120,989$101,168$298,600$252,927
As a percentage of revenue17 %16 %15 %14 %
Income from operations$89,396$66,824$198,392$143,001
Other costs (c)
———6,040
Adjusted income from operations$89,396$66,824$198,392$149,041
As a percentage of revenue12 %10 %10 %8 %
Net income$54,905$39,979$111,068$68,699
Income tax expense22,87814,62350,01736,945
Income before income tax77,78354,602161,085105,644
Amortization of intangible assets (a)
2,6407,56816,13924,898
Stock-based compensation expense (b)
9,0917,84124,60721,154
Other costs (c)
———6,040
Interest on deferred consideration (d)
—1,487—4,412
Adjusted income before income tax89,51471,498201,831162,148
Adjusted income tax expense (e)
(24,613)(20,377)(56,008)(45,913)
Adjusted net income $64,901$51,121$145,823$116,235
As a percentage of revenue9 %8 %7 %6 %
Weighted average common shares outstanding — diluted58,701,61858,045,13758,483,40457,886,823
Diluted adjusted earnings per common share$1.11$0.88$2.49$2.01


(a)Amortization of intangible assets represents amortization expense, including amortization expense of $0.1 million and $5.0 million for the three months ended September 30, 2024 and 2023, respectively, and of $8.4 million and $15.0 million for the nine months ended September 30, 2024 and 2023, respectively, associated with intangible assets recorded in connection with our going private transaction in May 2008.
(b)Stock-based compensation expense represents non-cash stock-based compensation expense in accordance with Accounting Standards Codification Topic 718, Compensation-Stock Compensation.
(c)Other costs in the nine months ended September 30, 2023 consist of value-added tax expense of $6.0 million related to prior periods, of which $4.3 million was associated with the back-up care segment and $1.7 million was associated with the full service center-based child care segment.
(d)Interest on deferred consideration represents the imputed interest on the deferred consideration issued in connection with the July 1, 2022 acquisition of Only About Children, a child care operator in Australia. The deferred consideration was paid in January 2024.
(e)Adjusted income tax expense represents income tax expense calculated on adjusted income before income tax at an effective tax rate of approximately 28% and 29% for the three months ended September 30, 2024 and 2023, respectively, and at an effective tax rate of approximately 28% for the nine months ended September 30, 2024 and 2023. The jurisdictional mix of the expected adjusted income before income tax for the full year will affect the estimated effective tax rate for the year.

v3.24.3
Cover
Nov. 04, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Nov. 04, 2024
Entity Registrant Name BRIGHT HORIZONS FAMILY SOLUTIONS INC.
Entity Incorporation, State or Country Code DE
Entity File Number 001-35780
Entity Tax Identification Number 80-0188269
Entity Address, Address Line One 2 Wells Avenue
Entity Address, City or Town Newton
Entity Address, State or Province MA
Entity Address, Postal Zip Code 02459
City Area Code 617
Local Phone Number 673-8000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.001 par value per share
Trading Symbol BFAM
Security Exchange Name NYSE
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0001437578
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