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Extraction Summary

0
People
8
Organizations
1
Locations
3
Events
3
Relationships
3
Quotes

Document Information

Type: Financial summary / corporate financial statements
File Size:
Summary

This document contains three financial summary tables for KLC OpCo, KLC PropCo, and k12, detailing historical and projected financial data from 2004 to 2007. The data relates to the corporate restructuring of Knowledge Learning Corporation (KLC), its acquisition of KinderCare in January 2005, and its subsequent separation into operating and property companies. The document appears to be part of a House Oversight Committee investigation, as indicated by the footer stamp.

Organizations (8)

Name Type Context
KLC OpCo
KLC PropCo
k12
KinderCare
Knowledge Learning Corporation (KLC)
Knowledge School Inc.
The Real Estate Company
House Oversight Committee

Timeline (3 events)

January 1, 2004
Hypothetical date for pro forma financial adjustments
Unknown
KLC
January 2005
Acquisition of KinderCare
Unknown
November 2005
Separation of KLC into KLC OpCo and KLC PropCo
Unknown
KLC

Locations (1)

Location Context

Relationships (3)

KLC OpCo Subsidiary/Spinoff KLC PropCo
Separation of KLC into KLC OpCo and KLC PropCo
KLC Acquisition KinderCare
Acquisition of KinderCare in January 2005
KLC OpCo Financial KLC PropCo
Rental Revenue From KLC OpCo listed under KLC PropCo revenue

Key Quotes (3)

"Pro forma for the effects of the acquisition of KinderCare in January 2005 and the separation of KLC into KLC OpCo and KLC PropCo in November 2005"
Source
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Quote #1
"EBITDA and EBITDAR are adjusted for restructuring charges, closed center costs... management fees"
Source
HOUSE_OVERSIGHT_024476.jpg
Quote #2
"Includes only states in which virtual academies are operated. Includes Washington, D.C."
Source
HOUSE_OVERSIGHT_024476.jpg
Quote #3

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