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1.5 MB
Extraction Summary
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People
5
Organizations
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Locations
3
Events
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Relationships
3
Quotes
Document Information
Type:
Financial report / corporate financial statement
File Size:
1.5 MB
Summary
This document is a financial summary page (marked page 78) for 'KLC Consolidated' (likely Knowledge Learning Corporation/KinderCare) covering the fiscal years 2004PF and 2005PF. It details revenue growth, operating expenses, EBITDA, and specific operational data such as the number of centers (dropping from 2,021 to 1,934) and average weekly tuition (rising to $167.35). The text attributes revenue growth primarily to tuition rate hikes in January and September 2005, despite a reduction in the number of centers. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a congressional investigation.
Organizations (5)
| Name | Type | Context |
|---|---|---|
| KLC Consolidated | ||
| KLC | ||
| ECE | ||
| KCDL | ||
| House Oversight Committee |
Key Quotes (3)
"Management believes these improvements reflect stronger economic conditions, strong back-to-school enrollments, marketing efforts and other management initiatives and programs."Source
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Quote #1
"The increase was primarily due to tuition rate increases, which took effect in January 2005 and September 2005, offset by the impact of center closures and a slight decline in Utilization."Source
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Quote #2
"Gross margin for the 52 weeks ended December 31, 2005 was $340.7 million, or 23.1% as a percentage of sales"Source
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Quote #3
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