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Extraction Summary

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People
6
Organizations
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Locations
2
Events
2
Relationships
3
Quotes

Document Information

Type: Financial memorandum / private placement memorandum (ppm)
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Summary

This document is page 42 of a financial memorandum (marked with a House Oversight stamp) detailing the summary financial data for KLC (Knowledge Learning Corporation) following its acquisition of KinderCare. It provides pro forma historical data for 2004-2005 and projected data for 2006-2007, including revenue, EBITDA, and EBITDAR figures. The text outlines the corporate separation into an operating company (OpCo) and a property company (PropCo) and notes that the financial presentation does not strictly conform to standard SEC Regulation S-X guidelines.

Organizations (6)

Timeline (2 events)

January 2005
Acquisition of KinderCare
N/A
November 2005
Separation of business into operating (KLC OpCo) and property (KLC PropCo)
N/A
KLC

Relationships (2)

KLC OpCo Corporate Structure KLC PropCo
The rental income received by KLC PropCo in all periods presented is primarily comprised of lease payments from KLC OpCo.
KLC Acquisition KinderCare
acquisition of KinderCare in January 2005

Key Quotes (3)

"The historical information is pro forma for the effects of our acquisition of KinderCare in January 2005"
Source
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Quote #1
"Our pro forma results for KLC were not prepared in conformity with Article 11 of Regulation S-X of the SEC"
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Quote #2
"Projected results presented below are based on assumptions management believes to be reasonable, but which are inherently uncertain and may not be realized."
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Quote #3

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