v3.26.1
REVENUE RECOGNITION
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Disaggregation of Revenue
The Company disaggregates revenue from contracts with customers into segments and geographical regions. Revenue disaggregated by segment and geographical region was as follows:
Full service
center-based
child care		Back-up careEducational
advisory services		Total
(In thousands)
Three months ended June 30, 2026
North America$339,993 $178,182 $28,295 $546,470 
Outside North America217,304 15,404 — 232,708 
$557,297 $193,586 $28,295 $779,178 
Three months ended June 30, 2025
North America$340,082 $147,382 $28,633 $516,097 
Outside North America200,185 15,288 — 215,473 
$540,267 $162,670 $28,633 $731,570 
Full service
center-based
child care		Back-up careEducational
advisory services		Total
(In thousands)
Six months ended June 30, 2026
North America$672,589 $308,709 $55,214 $1,036,512 
Outside North America425,342 29,546 — 454,888 
$1,097,931 $338,255 $55,214 $1,491,400 
Six months ended June 30, 2025
North America$673,057 $266,211 $55,001 $994,269 
Outside North America377,757 25,071 — 402,828 
$1,050,814 $291,282 $55,001 $1,397,097 
The classification “North America” is comprised of the Company’s operations in the United States (including Puerto Rico), and the classification “Outside North America” includes the Company’s operations in the United Kingdom, the Netherlands, Australia and India.
Deferred Revenue
The Company records deferred revenue when payments are received in advance of the Company’s performance under the contract, which is recognized as revenue as the performance obligation is satisfied. The Company recognized $258.8 million and $236.5 million as revenue during the six months ended June 30, 2026 and 2025, respectively, which was included in the deferred revenue balance at the beginning of each respective period.
Remaining Performance Obligations
The Company does not disclose the value of unsatisfied performance obligations for contracts with an original contract term of one year or less, or for variable consideration allocated to the unsatisfied performance obligation of a series of services. The transaction price allocated to the remaining performance obligations relates to services that are paid or invoiced in advance. The Company’s remaining performance obligations not subject to the practical expedients were not material.