Bright Horizons Family Solutions (BFAM) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 20, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Registrant Name	BRIGHT HORIZONS FAMILY SOLUTIONS INC.
Entity Central Index Key	1,437,578
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		60,670,137

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 76,920	$ 87,886
Accounts receivable—net	67,740	83,066
Prepaid expenses and other current assets	47,307	39,147
Current deferred income taxes	13,046	13,059
Total current assets	205,013	223,158
Fixed assets—net	416,152	398,947
Goodwill	1,111,454	1,095,738
Other intangibles—net	398,418	406,249
Deferred income taxes	0	580
Other assets	17,633	16,404
Total assets	2,148,670	2,141,076
Current liabilities:
Current portion of long-term debt	9,550	9,550
Accounts payable and accrued expenses	136,390	116,425
Deferred revenue	123,962	133,048
Other current liabilities	18,561	20,400
Total current liabilities	288,463	279,423
Long-term debt	908,613	911,627
Deferred rent and related obligations	46,439	43,105
Other long-term liabilities	27,196	23,401
Deferred revenue	5,065	5,525
Deferred income taxes	130,656	127,036
Total liabilities	1,406,432	1,390,117
Stockholders’ equity:
Preferred stock, $0.001 par value; 25,000,000 shares authorized and no shares issued or outstanding at June 30, 2015 and December 31, 2014	0	0
Common stock, $0.001 par value; 475,000,000 shares authorized; 60,652,220 and 61,534,802 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively	61	62
Additional paid-in capital	1,026,192	1,083,091
Accumulated other comprehensive loss	(22,959)	(21,687)
Accumulated deficit	(261,056)	(310,507)
Total stockholders’ equity	742,238	750,959
Total liabilities and stockholders’ equity	$ 2,148,670	$ 2,141,076

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	25,000,000	25,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	475,000,000	475,000,000
Common stock, issued	60,652,220	61,534,802
Common stock, outstanding	60,652,220	61,534,802

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2015		Jun. 30, 2014
Income Statement [Abstract]
Revenue	$ 370,465		$ 348,100	$ 720,905		$ 680,255
Cost of services	274,605		264,986	538,437		519,992
Gross profit	95,860		83,114	182,468		160,263
Selling, general and administrative expenses	36,890		33,204	73,735		68,608
Amortization of intangible assets	6,832		7,375	13,754		15,109
Income from operations	52,138	[1]	42,535	94,979	[2]	76,546	[3]
Interest income	47		11	85		26
Interest expense	(10,400)		(8,625)	(20,469)		(17,367)
Income before income taxes	41,785		33,921	74,595		59,205
Income tax expense	(14,866)		(12,207)	(25,144)		(21,443)
Net income	$ 26,919		$ 21,714	$ 49,451		$ 37,762
Earnings per common share:
Common stock-basic (usd per share)	$ 0.44		$ 0.33	$ 0.80		$ 0.57
Common stock-diluted (usd per share)	$ 0.43		$ 0.32	$ 0.78		$ 0.56
Weighted average number of common shares outstanding:
Common stock-basic (shares)	61,362,983		65,772,698	61,522,973		65,590,275
Common stock-diluted (shares)	62,858,237		67,456,880	63,023,803		67,333,130
[1]	(1) For the three months ended June 30, 2015, income from operations includes secondary offering expenses of $0.3 million which has been allocated to full service center-based care.
[2]	For the six months ended June 30, 2015, income from operations includes secondary offering expenses of $0.3 million which has been allocated to full service center-based care.
[3]	For the six months ended June 30, 2014, income from operations includes secondary offering expenses of $0.6 million which has been allocated to full service center-based care.

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 26,919	$ 21,714	$ 49,451	$ 37,762
Foreign currency translation adjustments	15,611	5,489	(1,272)	7,014
Total other comprehensive income (loss)	15,611	5,489	(1,272)	7,014
Comprehensive income	$ 42,530	$ 27,203	$ 48,179	$ 44,776

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 49,451	$ 37,762
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	38,666	38,950
Amortization of original issue discount and deferred financing costs	1,761	1,506
Loss (gain) on foreign currency transactions	124	(24)
Non-cash revenue and other	(108)	(159)
Loss on disposal of fixed assets	127	365
Stock-based compensation	4,600	4,423
Deferred rent	1,654	1,315
Deferred income taxes	4,173	(159)
Changes in assets and liabilities:
Accounts receivable	15,955	20,715
Prepaid expenses and other current assets	(7,264)	3,041
Accounts payable and accrued expenses	15,632	4,170
Deferred revenue	(9,253)	(3,657)
Accrued rent and related obligations	1,596	1,191
Other assets	(1,101)	551
Other current and long-term liabilities	(994)	(5,621)
Net cash provided by operating activities	115,019	104,369
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of fixed assets	(41,800)	(30,701)
Payments for acquisitions, net of cash acquired	(22,424)	(6,522)
Settlement of purchase price for prior year acquisitions	14	1,030
Net cash used in investing activities	(64,210)	(36,193)
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments of long-term debt	(4,775)	(3,950)
Purchase of treasury stock	(72,644)	(3,079)
Proceeds from issuance of common stock upon exercise of options	6,199	11,027
Proceeds from issuance of restricted stock	3,864	4,709
Tax benefit from stock-based compensation	4,945	5,444
Net cash (used in) provided by financing activities	(62,411)	14,151
Effect of exchange rates on cash and cash equivalents	636	371
Net (decrease) increase in cash and cash equivalents	(10,966)	82,698
Cash and cash equivalents—beginning of period	87,886	29,585
Cash and cash equivalents—end of period	76,920	112,283
NON-CASH TRANSACTION:
Fixed asset purchases recorded in accounts payable and accrued expenses	4,500	2,000
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash payments of interest	18,939	16,439
Cash payments of taxes	$ 26,901	$ 20,932

Organization and Basis of Prese

Organization and Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Organization and Basis of Presentation	ORGANIZATION AND BASIS OF PRESENTATION Organization —Bright Horizons Family Solutions Inc. (“Bright Horizons” or the “Company”) provides workplace services for employers and families throughout the United States and the United Kingdom, and also in Puerto Rico, Canada, Ireland, the Netherlands, and India. Workplace services include center-based child care, education and enrichment programs, elementary school education, back-up dependent care (for children and elders), before and after school care, college preparation and admissions counseling, tuition reimbursement program management, and other family support services. Basis of Presentation —The accompanying unaudited condensed consolidated balance sheet as of June 30, 2015 and the condensed consolidated statements of operations, comprehensive income and cash flows for the interim periods ended June 30, 2015 and 2014 have been prepared by the Company in accordance with accounting principles generally accepted in the U.S. for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and footnotes required in accordance with generally accepted accounting principles for complete financial statements and should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 . In the opinion of the Company’s management, the Company’s unaudited condensed consolidated balance sheet as of June 30, 2015 and the condensed consolidated statements of operations, comprehensive income and cash flows for the interim periods ended June 30, 2015 and 2014 , reflect all adjustments (consisting only of normal and recurring adjustments) necessary to present fairly the results of the interim periods presented. The operating results for the interim periods presented are not necessarily indicative of the results expected for the full year. Stock Offerings —On January 30, 2013, the Company completed an initial public offering (the "Offering”) and, after the exercise of the overallotment option on February 21, 2013, issued a total of 11.6 million shares of common stock. Subsequent to the Offering, on June 19, 2013, March 25, 2014, December 10, 2014, and May 27, 2015, certain of the Company’s shareholders commenced the sale of 9.8 million , 7.9 million , 8.0 million , and 3.0 million shares, respectively, of the Company’s common stock in secondary offerings ("secondary offerings”). The Company did not receive proceeds from the sale of shares in the secondary offerings. The Company incurred $0.3 million and $0.6 million in expenses during the six months ended June 30, 2015 and June 30, 2014 , respectively, in relation to the secondary offerings in 2015 and 2014, which are included in selling, general and administrative expenses. The Company purchased 1.25 million and 4.5 million of the shares sold in the May 2015 and December 2014 secondary offerings, respectively, from investment funds affiliated with Bain Capital Partners, LLC at the equivalent price per share paid by the underwriter to the selling shareholders. As of June 30, 2015 , investment funds affiliated with Bain Capital Partners, LLC held approximately 38.0% of our common stock. New Accounting Pronouncements —In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers , which provides guidance for revenue recognition. The standard's core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration included in the transaction price and allocating the transaction price to each separate performance obligation. The guidance is effective for annual reporting periods beginning on or after December 15, 2016, and interim periods within those annual periods. Early adoption is not permitted. On July 9, 2015, the FASB voted to defer the effective date by one year to interim and annual reporting periods beginning after December 15, 2017, and permitted early adoption of the standard, but not for periods beginning on or before the original effective date of December 15, 2016. The Company is currently in the process of evaluating the impact of adoption of this ASU on the Company's consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. This standard amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a deduction from the carrying amount of the related debt liability. This ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company does not expect this standard to have a significant effect on the Company's consolidated financial statements.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS The changes in the carrying amount of goodwill for the six months ended June 30, 2015 are as follows (in thousands): Full service center-based care Back-up dependent care Other educational advisory services Total Beginning balance at December 31, 2014 $ 913,043 $ 158,894 $ 23,801 $ 1,095,738 Additions from acquisitions 17,422 — — 17,422 Adjustments to prior year acquisitions (5 ) — — (5 ) Effect of foreign currency translation (1,701 ) — — (1,701 ) Balance at June 30, 2015 $ 928,759 $ 158,894 $ 23,801 $ 1,111,454 The Company also has intangible assets, which consist of the following at June 30, 2015 and December 31, 2014 (in thousands): Weighted average amortization period Cost Accumulated amortization Net carrying amount June 30, 2015 Definite-lived intangibles: Customer relationships 14.5 years $ 405,987 $ (194,341 ) $ 211,646 Trade names 8.1 years 5,739 (2,527 ) 3,212 Non-compete agreements 5 years 54 (47 ) 7 411,780 (196,915 ) 214,865 Indefinite-lived intangibles: Trade names N/A 183,553 — 183,553 $ 595,333 $ (196,915 ) $ 398,418 Weighted average amortization period Cost Accumulated amortization Net carrying amount December 31, 2014 Definite-lived intangibles: Customer relationships 14.5 years $ 400,097 $ (180,900 ) $ 219,197 Trade names 8.1 years 5,772 (2,177 ) 3,595 Non-compete agreements 5 years 54 (44 ) 10 405,923 (183,121 ) 222,802 Indefinite-lived intangibles: Trade names N/A 183,447 — 183,447 $ 589,370 $ (183,121 ) $ 406,249 The Company estimates that it will record amortization expense related to intangible assets existing as of June 30, 2015 as follows over the next five years (in thousands): Estimated amortization expense Remainder of 2015 $ 13,389 2016 $ 25,971 2017 $ 25,080 2018 $ 24,160 2019 $ 23,369

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS As part of the Company’s growth strategy to expand through strategic and synergistic acquisitions, the Company has made the following acquisitions in the six months ended June 30, 2015 and year ended December 31, 2014 . The goodwill resulting from these acquisitions arises largely from synergies expected from combining the operations of the businesses acquired with our existing operations, as well as from benefits derived from the assembled workforce acquired. 2015 Acquisitions On May 19, 2015 , the Company acquired Hildebrandt Learning Centers, LLC, an operator of 40 centers in the United States, for cash consideration of $19.3 million and contingent consideration of $0.5 million , which was accounted for as a business combination. The Company recorded goodwill of $13.2 million related to the full service center-based care segment, which will be deductible for tax purposes, and intangible assets of $5.3 million , consisting of customer relationships that will be amortized over 12 years . The Company also acquired working capital of $0.7 million , including cash of $1.5 million , and fixed assets of $0.6 million . During the six months ended June 30, 2015 , the Company also acquired two centers in the United States and one in the United Kingdom for cash consideration of $4.6 million , which were each accounted for as business combinations. The Company recorded goodwill of $4.2 million related to the full service center-based care segment, a portion of which will be deductible for tax purposes. Intangible assets of $0.4 million , consisting of customer relationships that will be amortized over 5 years were also recorded in relation to these acquisitions. The allocation of purchase price consideration is based on preliminary estimates of fair value; such estimates and assumptions are subject to change within the measurement period (up to one year from the acquisition date) as the Company gathers additional information regarding the assets acquired and the liabilities assumed. The operating results for the acquired businesses are included in the consolidated results of operations from the dates of acquisition, which were not material to the Company's financial results. 2014 Acquisitions During the year ended December 31, 2014 , the Company acquired two businesses that operate five centers in the United States for cash consideration of $13.2 million , which were each accounted for as business combinations. The Company recorded goodwill of $11.1 million related to the full service center-based care segment, which will be deductible for tax purposes. Intangible assets of $2.1 million , consisting primarily of customer relationships, fixed assets of $0.9 million , and a working capital deficit of $0.9 million , were also recorded in relation to these acquisitions. The allocation of purchase price consideration is based on estimates of fair value, such estimates and assumptions are subject to change within the measurement period (up to one year from the acquisition date). As of June 30, 2015 , the purchase price allocation for one of these two acquisitions remains open as the Company gathers additional information regarding the assets acquired and the liabilities assumed.

Credit Arrangements and Debt Ob

Credit Arrangements and Debt Obligations	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Credit Arrangements and Debt Obligations	CREDIT ARRANGEMENTS AND DEBT OBLIGATIONS Outstanding borrowings were as follows at June 30, 2015 and December 31, 2014 (in thousands): June 30, December 31, Term loans $ 934,425 $ 939,200 Deferred financing costs and original issue discount (16,262 ) (18,023 ) Total debt 918,163 921,177 Less current maturities 9,550 9,550 Long-term debt $ 908,613 $ 911,627 The Company's $1.1 billion senior credit facilities consist of $955.0 million in secured term loan facilities and a $100.0 million revolving credit facility. In conjunction with a debt refinance in January 2013, $790.0 million in senior secured term loans were issued, with the subsequent issuance of $165.0 million in additional term loans in December 2014. The term loans and revolving credit facility mature on January 30, 2020 and 2018, respectively. The effective interest rate for the term loans was 3.84% at June 30, 2015 and the weighted average interest rate was 3.98% for the six months ended June 30, 2015 . There were no borrowings outstanding on the $100.0 million revolving credit facility at June 30, 2015 or during the six months then ended, and the full revolving credit facility was available for borrowings. The weighted average interest rate for the revolving credit facility was 5.0% for the six months ended June 30, 2015 . The Company incurred financing fees of $12.7 million and original issue discount costs of $7.9 million in connection with the 2013 debt refinancing and $1.6 million and $1.7 million in connection with the 2014 financing. These fees are being amortized over the terms of the related debt instruments. Amortization expense of deferred financing costs and original issue discount costs in the six months ended June 30, 2015 were $1.1 million and $0.7 million , respectively, which are included in interest expense. The future principal payments under the term loans at June 30, 2015 are as follows (in thousands): Remainder of 2015 $ 4,775 2016 9,550 2017 9,550 2018 9,550 2019 9,550 Thereafter 891,450 $ 934,425

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE Basic earnings per share is calculated by dividing net income by the weighted-average common shares outstanding. Diluted earnings per share is calculated by dividing net income by the weighted-average common shares and potentially dilutive securities outstanding during the period. Earnings per share is calculated using the two-class method, which requires the allocation of earnings to each class of common stock outstanding and to unvested stock-based payment awards that participate equally in dividends with common stock, also referred to herein as unvested participating shares. The Company’s unvested stock-based payment awards include unvested shares awarded as restricted stock awards at the discretion of the Company’s Board of Directors. The restricted stock awards generally vest at the end of three years . See Note 6 for a discussion of the unvested stock awards and issuances. Earnings per Share - Basic The following table sets forth the computation of earnings per share using the two-class method for unvested participating shares (in thousands, except share and per share amounts): Three months ended Six months ended 2015 2014 2015 2014 Basic earnings per share: Net income $ 26,919 $ 21,714 $ 49,451 $ 37,762 Allocation of net income to common stockholders: Common stock $ 26,735 $ 21,629 $ 49,121 $ 37,617 Unvested participating shares 184 85 330 145 $ 26,919 $ 21,714 $ 49,451 $ 37,762 Weighted average number of common shares: Common stock 61,362,983 65,772,698 61,522,973 65,590,275 Unvested participating shares 422,725 259,525 411,845 252,316 Earnings per share: Common stock $ 0.44 $ 0.33 $ 0.80 $ 0.57 Earnings per Share - Diluted The Company calculates diluted earnings per share for common stock using the more dilutive of (1) the treasury stock method, or (2) the two-class method. The following table sets forth the computation of diluted earnings per share using the two-class method for unvested participating shares (in thousands, except share and per share amounts): Three months ended Six months ended 2015 2014 2015 2014 Diluted earnings per share: Earnings allocated to common stock $ 26,735 $ 21,629 $ 49,121 $ 37,617 Plus earnings allocated to unvested participating shares 184 85 330 145 Less adjusted earnings allocated to unvested participating shares (180 ) (83 ) (321 ) (141 ) Earnings allocated to common stock $ 26,739 $ 21,631 $ 49,130 $ 37,621 Weighted average number of common shares: Common stock 61,362,983 65,772,698 61,522,973 65,590,275 Effect of dilutive securities 1,495,254 1,684,182 1,500,830 1,742,855 62,858,237 67,456,880 63,023,803 67,333,130 Earnings per share: Common stock $ 0.43 $ 0.32 $ 0.78 $ 0.56 Options outstanding to purchase 0.4 million shares of common stock were excluded from diluted earnings per share for the three and six months ended June 30, 2015 , and 0.9 million shares of common stock were excluded from diluted earnings per share for the three and six months ended June 30, 2014 , respectively, since their effect was anti-dilutive, which may be dilutive in the future.

Stockholders' Equity and Stock-

Stockholders' Equity and Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stockholders' Equity and Stock-Based Compensation	STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION Treasury Stock On March 28, 2014 , the Board of Directors of the Company authorized the repurchase of up to $225.0 million of its common stock. Under this authorization, the Company repurchased a total of 5.0 million shares for $221.6 million in the year ended December 31, 2014 , including 4.5 million shares that were purchased in a single block trade on December 16, 2014, from investment funds affiliated with Bain Capital Partners, LLC in conjunction with the sale of 8.0 million shares through an underwritten secondary offering to the public that commenced on December 10, 2014. On February 4, 2015 , the Board of Directors of the Company authorized the repurchase of up to $250.0 million of its common stock. The repurchase program has no expiration date and replaced the prior 2014 authorization. During the six months ended June 30, 2015 , 1.3 million shares were repurchased for $72.6 million , including 1.25 million shares that were purchased in a single block trade on June 1, 2015, from investment funds affiliated with Bain Capital Partners, LLC in conjunction with the sale of 3.0 million shares through an underwritten secondary offering to the public that commenced on May 27, 2015. At June 30, 2015 , $177.4 million is available for repurchase under this program. All repurchased shares have been retired. Equity Incentive Plan The Company has the 2012 Omnibus Long-Term Incentive Plan (the "Plan"), which became effective on January 24, 2013 , and allows for the issuance of equity awards of up to 5.0 million shares of common stock. As of June 30, 2015 , there were approximately 3.0 million shares of common stock available for grant. During the six months ended June 30, 2015 , the Company granted options to purchase 362,950 shares of common stock at a weighted average price of $47.85 per share and a requisite service period of five years , with 60% of the options vesting on the third anniversary of the date of grant and 20% vesting on each of the fourth and fifth anniversaries. The weighted average fair value of options granted during the six months ended June 30, 2015 was $14.31 per share. The fair value of each option to purchase common stock was estimated on the date of grant using the Black-Scholes option pricing model using the following weighted average assumptions: expected dividend yield of 0% ; expected volatility of 30.0% ; risk free interest rate of 1.47% ; and expected life of options of 5.3 years . Restricted stock awards are also granted at the discretion of the Board of Directors as allowed under the Plan. During the six months ended June 30, 2015 , 163,200 shares of restricted stock were granted to certain senior managers and key employees, which vest at the end of three years and are accounted for as nonvested stock. The restricted stock was sold for a price equal to 50% of the fair value of the stock at the date of grant, or $23.68 . Proceeds from the issuance of restricted stock are recorded as other liabilities in the consolidated balance sheet until the earlier of vesting or forfeiture of the awards. Stock-based compensation expense for restricted stock awards is calculated based on the fair value of the award on the date of grant, which will be recognized on a straight line basis over the requisite service period. The unvested shares of restricted stock participate equally in dividends with common stock. At June 30, 2015 , there were 422,725 unvested shares of restricted stock outstanding, which were legally issued at the date of grant but are not considered common stock issued and outstanding in accordance with accounting guidance until the requisite service period is fulfilled. All outstanding shares of restricted stock are expected to vest. Restricted stock units are awarded to members of the Board of Directors as allowed under the Plan. The awards allow for the issuance of a share of the Company's common stock for each vested unit upon the earliest of termination of service as a member of the Board of Directors or five years after the date of the award. During the six months ended June 30, 2015 , 9,000 restricted stock units were awarded at a weighted average fair value of $53.18 for a total value of $0.5 million . At June 30, 2015 , there were 15,066 units outstanding, which vested upon award. The Company recorded stock-based compensation expense of $4.2 million in selling, general and administrative expenses and $0.4 million in cost of services during the six months ended June 30, 2015 . At June 30, 2015 , there was $16.6 million of total unrecognized compensation expense related to unvested stock-based compensation arrangements granted under the Plan, which is expected to be recognized over the remaining requisite service periods of approximately two years .

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company's effective income tax rates were 35.6% and 36.0% for the three months ended June 30, 2015 and 2014 , respectively. The Company's effective income tax rates were 33.7% and 36.2% for the six months ended June 30, 2015 and 2014 , respectively. The effective income tax rate is based upon estimated income before income taxes for the year, by jurisdiction, and estimated permanent tax adjustments. The effective income tax rate may fluctuate from quarter to quarter for various reasons, including discrete items such as settlement of foreign, Federal and State tax issues. The difference between the effective income tax rates is primarily attributable to a $1.3 million benefit recorded in the first quarter of 2015 related to the adjustment of certain permanent and temporary items. The Company’s unrecognized tax benefits were $0.7 million at June 30, 2015 and December 31, 2014 . Interest and penalties related to unrecognized tax benefits were $0.9 million at June 30, 2015 and December 31, 2014 . The Company expects the unrecognized tax benefits to change over the next twelve months if certain tax matters settle with the applicable taxing jurisdiction during this time frame, or, if the applicable statutes of limitations lapse. The impact of the amount of such changes to previously recorded uncertain tax positions could range from zero to $0.7 million , exclusive of interest and penalties. The Company and its domestic subsidiaries are subject to U.S. Federal income tax as well as multiple state jurisdictions. U.S. Federal income tax returns are typically subject to examination by the Internal Revenue Service ("IRS") and the statute of limitations for Federal income tax returns is three years . The Company's filings for 2011 through 2014 are subject to audit based upon the Federal statute of limitations. An audit of a subsidiary's filing for 2013 began in the second quarter of 2015. State income tax returns are generally subject to examination for a period of three to five years after filing of the respective return. The state impact of any Federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states. There was one state audit completed with no material adjustment during the first quarter of 2015. As of June 30, 2015 , there was one state income tax audit still in process and the tax years from 2010 to 2014 are subject to audit. The Company is also subject to corporate income tax at its subsidiaries located in the United Kingdom, the Netherlands, India, Canada, Ireland, and Puerto Rico. The tax returns for the Company's subsidiaries located in foreign jurisdictions are subject to examination for periods ranging from one to seven years .

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS The Company defines fair value as the price that would be received to sell an asset or be paid to transfer a liability in an orderly transaction between market participants at the measurement date and applies the following fair value hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement. The hierarchy gives the highest priority to observable inputs such as unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The Company uses observable inputs where relevant and whenever possible. Level 1—Quoted prices are available in active markets for identical investments as of the reporting date. Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 3—Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The Company’s financial instruments consist primarily of cash and cash equivalents, accounts receivable, accounts payable, and long-term debt. The fair value of the Company’s financial instruments, other than long-term debt, approximates their carrying value. As of June 30, 2015 , the Company’s long-term debt had a book value of $934.4 million and a fair value of $934.5 million based on quoted market prices for similar instruments and a model that considers observable inputs (level 2 inputs). As of December 31, 2014 , the Company's long-term debt had a book value of $939.2 million and a fair value of $921.6 million based on quoted market prices for similar instruments and a model that considers observable inputs (level 2 inputs). Financial instruments that potentially expose the Company to concentrations of credit risk consist mainly of cash and cash equivalents and accounts receivable. The Company mitigates its exposure by maintaining its cash and cash equivalents in financial institutions of high credit standing. The Company’s accounts receivable, which are derived primarily from the services it provides, are dispersed across many clients in various industries with no single client accounting for more than 10% of the Company’s net revenue or accounts receivable. The Company believes that no significant credit risk exists at June 30, 2015 .

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION Bright Horizons' workplace services are primarily comprised of full service center-based child care, back-up dependent care, and other educational advisory services. Full service center-based care includes the traditional center-based child care, preschool, and elementary education, which have similar operating characteristics and meet the criteria for aggregation. Full service center-based care derives its revenues primarily from contractual arrangements with corporate clients and from tuition. The Company’s back-up dependent care services consist of center-based back-up child care, in-home care, mildly ill care, and adult/elder care. The Company’s other educational advisory services consists of the remaining services, including college preparation and admissions counseling, tuition reimbursement program administration, and related consulting services, which do not meet the quantitative thresholds for separate disclosure and are not material for segment reporting individually or in the aggregate. The Company and its chief operating decision makers evaluate performance based on revenues and income from operations. The assets and liabilities of the Company are managed centrally and are reported internally in the same manner as the consolidated financial statements and, as a result, no additional information is produced or included herein. Full service center-based care Back-up dependent care Other educational advisory services Total (In thousands) Three months ended June 30, 2015 Revenue $ 317,181 $ 44,404 $ 8,880 $ 370,465 Amortization of intangible assets 6,507 181 144 6,832 Income from operations (1) 36,323 14,240 1,575 52,138 Three months ended June 30, 2014 Revenue $ 300,724 $ 39,740 $ 7,636 $ 348,100 Amortization of intangible assets 7,050 181 144 7,375 Income from operations 29,497 12,181 857 42,535 (1) For the three months ended June 30, 2015 , income from operations includes secondary offering expenses of $0.3 million which has been allocated to full service center-based care. Full service Back-up Other Total (In thousands) Six months ended June 30, 2015 Revenue $ 617,515 $ 86,005 $ 17,385 $ 720,905 Amortization of intangibles 13,104 362 288 13,754 Income from operations (1) 64,598 28,001 2,380 94,979 Six months ended June 30, 2014 Revenue $ 587,748 $ 77,196 $ 15,311 $ 680,255 Amortization of intangibles 14,456 362 291 15,109 Income from operations (2) 51,508 23,873 1,165 76,546 (1) For the six months ended June 30, 2015 , income from operations includes secondary offering expenses of $0.3 million which has been allocated to full service center-based care. (2) For the six months ended June 30, 2014 , income from operations includes secondary offering expenses of $0.6 million which has been allocated to full service center-based care.

Organization and Basis of Pre16

Organization and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation —The accompanying unaudited condensed consolidated balance sheet as of June 30, 2015 and the condensed consolidated statements of operations, comprehensive income and cash flows for the interim periods ended June 30, 2015 and 2014 have been prepared by the Company in accordance with accounting principles generally accepted in the U.S. for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and footnotes required in accordance with generally accepted accounting principles for complete financial statements and should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 . In the opinion of the Company’s management, the Company’s unaudited condensed consolidated balance sheet as of June 30, 2015 and the condensed consolidated statements of operations, comprehensive income and cash flows for the interim periods ended June 30, 2015 and 2014 , reflect all adjustments (consisting only of normal and recurring adjustments) necessary to present fairly the results of the interim periods presented. The operating results for the interim periods presented are not necessarily indicative of the results expected for the full year.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the six months ended June 30, 2015 are as follows (in thousands): Full service center-based care Back-up dependent care Other educational advisory services Total Beginning balance at December 31, 2014 $ 913,043 $ 158,894 $ 23,801 $ 1,095,738 Additions from acquisitions 17,422 — — 17,422 Adjustments to prior year acquisitions (5 ) — — (5 ) Effect of foreign currency translation (1,701 ) — — (1,701 ) Balance at June 30, 2015 $ 928,759 $ 158,894 $ 23,801 $ 1,111,454
Intangible Assets Subject to Amortization	The Company also has intangible assets, which consist of the following at June 30, 2015 and December 31, 2014 (in thousands): Weighted average amortization period Cost Accumulated amortization Net carrying amount June 30, 2015 Definite-lived intangibles: Customer relationships 14.5 years $ 405,987 $ (194,341 ) $ 211,646 Trade names 8.1 years 5,739 (2,527 ) 3,212 Non-compete agreements 5 years 54 (47 ) 7 411,780 (196,915 ) 214,865 Indefinite-lived intangibles: Trade names N/A 183,553 — 183,553 $ 595,333 $ (196,915 ) $ 398,418 Weighted average amortization period Cost Accumulated amortization Net carrying amount December 31, 2014 Definite-lived intangibles: Customer relationships 14.5 years $ 400,097 $ (180,900 ) $ 219,197 Trade names 8.1 years 5,772 (2,177 ) 3,595 Non-compete agreements 5 years 54 (44 ) 10 405,923 (183,121 ) 222,802 Indefinite-lived intangibles: Trade names N/A 183,447 — 183,447 $ 589,370 $ (183,121 ) $ 406,249
Estimated Amortization Expense Related to Intangible Assets	The Company estimates that it will record amortization expense related to intangible assets existing as of June 30, 2015 as follows over the next five years (in thousands): Estimated amortization expense Remainder of 2015 $ 13,389 2016 $ 25,971 2017 $ 25,080 2018 $ 24,160 2019 $ 23,369

Credit Arrangements and Debt 18

Credit Arrangements and Debt Obligations (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Outstanding Borrowings	Outstanding borrowings were as follows at June 30, 2015 and December 31, 2014 (in thousands): June 30, December 31, Term loans $ 934,425 $ 939,200 Deferred financing costs and original issue discount (16,262 ) (18,023 ) Total debt 918,163 921,177 Less current maturities 9,550 9,550 Long-term debt $ 908,613 $ 911,627
Future Principal Payments Under New Term Loan	The future principal payments under the term loans at June 30, 2015 are as follows (in thousands): Remainder of 2015 $ 4,775 2016 9,550 2017 9,550 2018 9,550 2019 9,550 Thereafter 891,450 $ 934,425

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Common Share	Three months ended Six months ended 2015 2014 2015 2014 Basic earnings per share: Net income $ 26,919 $ 21,714 $ 49,451 $ 37,762 Allocation of net income to common stockholders: Common stock $ 26,735 $ 21,629 $ 49,121 $ 37,617 Unvested participating shares 184 85 330 145 $ 26,919 $ 21,714 $ 49,451 $ 37,762 Weighted average number of common shares: Common stock 61,362,983 65,772,698 61,522,973 65,590,275 Unvested participating shares 422,725 259,525 411,845 252,316 Earnings per share: Common stock $ 0.44 $ 0.33 $ 0.80 $ 0.57 Three months ended Six months ended 2015 2014 2015 2014 Diluted earnings per share: Earnings allocated to common stock $ 26,735 $ 21,629 $ 49,121 $ 37,617 Plus earnings allocated to unvested participating shares 184 85 330 145 Less adjusted earnings allocated to unvested participating shares (180 ) (83 ) (321 ) (141 ) Earnings allocated to common stock $ 26,739 $ 21,631 $ 49,130 $ 37,621 Weighted average number of common shares: Common stock 61,362,983 65,772,698 61,522,973 65,590,275 Effect of dilutive securities 1,495,254 1,684,182 1,500,830 1,742,855 62,858,237 67,456,880 63,023,803 67,333,130 Earnings per share: Common stock $ 0.43 $ 0.32 $ 0.78 $ 0.56

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Income from Operations by Segment	The assets and liabilities of the Company are managed centrally and are reported internally in the same manner as the consolidated financial statements and, as a result, no additional information is produced or included herein. Full service center-based care Back-up dependent care Other educational advisory services Total (In thousands) Three months ended June 30, 2015 Revenue $ 317,181 $ 44,404 $ 8,880 $ 370,465 Amortization of intangible assets 6,507 181 144 6,832 Income from operations (1) 36,323 14,240 1,575 52,138 Three months ended June 30, 2014 Revenue $ 300,724 $ 39,740 $ 7,636 $ 348,100 Amortization of intangible assets 7,050 181 144 7,375 Income from operations 29,497 12,181 857 42,535 (1) For the three months ended June 30, 2015 , income from operations includes secondary offering expenses of $0.3 million which has been allocated to full service center-based care. Full service Back-up Other Total (In thousands) Six months ended June 30, 2015 Revenue $ 617,515 $ 86,005 $ 17,385 $ 720,905 Amortization of intangibles 13,104 362 288 13,754 Income from operations (1) 64,598 28,001 2,380 94,979 Six months ended June 30, 2014 Revenue $ 587,748 $ 77,196 $ 15,311 $ 680,255 Amortization of intangibles 14,456 362 291 15,109 Income from operations (2) 51,508 23,873 1,165 76,546 (1) For the six months ended June 30, 2015 , income from operations includes secondary offering expenses of $0.3 million which has been allocated to full service center-based care. (2) For the six months ended June 30, 2014 , income from operations includes secondary offering expenses of $0.6 million which has been allocated to full service center-based care.

Organization and Significant Ac

Organization and Significant Accounting Policies - Additional Information (Detail) - USD ($)	Jun. 01, 2015	May. 27, 2015	Dec. 10, 2014	Mar. 25, 2014	May. 31, 2015	Jun. 19, 2013	Jan. 30, 2013	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Accounting Policies [Line Items]
Number of shares issued							11,600,000
Number of shares repurchased	1,250,000							1,317,098			5,000,000
Secondary Offering [Member]
Accounting Policies [Line Items]
Number of shares issued		3,000,000	8,000,000	7,900,000		9,800,000
Proceeds from issuance of secondary offering						$ 0
Offering cost incurred									$ 300,000	$ 600,000
Number of shares repurchased			4,500,000		1,250,000
Affiliated Entity [Member]
Accounting Policies [Line Items]
Percentage of common stock held by investment funds affiliated with sponsor								38.00%	38.00%

Goodwill and Intangible Asset22

Goodwill and Intangible Assets - Changes in Carrying Amount of Goodwill (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 1,095,738
Additions from acquisitions	17,422
Adjustments to prior year acquisitions	(5)
Effect of foreign currency translation	(1,701)
Ending balance	1,111,454
Full Service Center-based Care [Member]
Goodwill [Roll Forward]
Beginning balance	913,043
Additions from acquisitions	17,422
Adjustments to prior year acquisitions	(5)
Effect of foreign currency translation	(1,701)
Ending balance	928,759
Back-up Dependent Care [Member]
Goodwill [Roll Forward]
Beginning balance	158,894
Additions from acquisitions	0
Adjustments to prior year acquisitions	0
Effect of foreign currency translation	0
Ending balance	158,894
Other Educational Advisory Services [Member]
Goodwill [Roll Forward]
Beginning balance	23,801
Additions from acquisitions	0
Adjustments to prior year acquisitions	0
Effect of foreign currency translation	0
Ending balance	$ 23,801

Goodwill and Intangible Asset23

Goodwill and Intangible Assets - Intangible Assets Subject to Amortization (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets, Gross [Abstract]
Cost	$ 411,780	$ 405,923
Accumulated amortization	(196,915)	(183,121)
Net carrying amount	214,865	222,802
Indefinite-Lived Intangible Assets (Excluding Goodwill) [Abstract]
Cost	595,333	589,370
Net carrying amount	$ 398,418	$ 406,249
Customer Relationships [Member]
Finite-Lived Intangible Assets, Gross [Abstract]
Weighted average amortization period	14 years 6 months	14 years 5 months 24 days
Cost	$ 405,987	$ 400,097
Accumulated amortization	(194,341)	(180,900)
Net carrying amount	$ 211,646	$ 219,197
Trade Names [Member]
Finite-Lived Intangible Assets, Gross [Abstract]
Weighted average amortization period	8 years 1 month	8 years 1 month
Cost	$ 5,739	$ 5,772
Accumulated amortization	(2,527)	(2,177)
Net carrying amount	$ 3,212	$ 3,595
Non-Compete Agreements [Member]
Finite-Lived Intangible Assets, Gross [Abstract]
Weighted average amortization period	5 years	5 years
Cost	$ 54	$ 54
Accumulated amortization	(47)	(44)
Net carrying amount	7	10
Trade Names [Member]
Finite-Lived Intangible Assets, Gross [Abstract]
Accumulated amortization	0	0
Indefinite-Lived Intangible Assets (Excluding Goodwill) [Abstract]
Cost	183,553	183,447
Net carrying amount	$ 183,553	$ 183,447

Goodwill and Intangible Asset24

Goodwill and Intangible Assets - Estimated Amortization Expense Related to Intangible Assets (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2015	$ 13,389
2,016	25,971
2,017	25,080
2,018	24,160
2,019	$ 23,369

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) $ in Thousands	May. 19, 2015USD ($)Center	Jun. 30, 2015USD ($)CenterBusiness	Dec. 31, 2014USD ($)
Business Acquisition [Line Items]
Goodwill		$ 1,111,454	$ 1,095,738
Hildebrandt Learning Centers, LLC [Member]
Business Acquisition [Line Items]
Number of centers acquired | Center	40
Cash consideration	$ 19,300
Contingent consideration acquired	500
Goodwill	$ 13,200
Amortization period of Intangible assets	12 years
Working capital acquired	$ (700)
Cash acquired from acquisition	1,500
Intangible assets including customer relationship	5,300
Fixed assets acquired	$ 600
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Number of centers acquired | Center		5
Number of businesses acquired | Business		2
Cash consideration		$ 4,600	13,200
Goodwill		$ 4,200	11,100
Amortization period of Intangible assets		5 years
Intangible assets including customer relationship		$ 400	2,100
Fixed assets acquired			900
Working capital deficit acquired			$ (900)

Credit Arrangements and Debt 26

Credit Arrangements and Debt Obligations - Outstanding Borrowing (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule Of Borrowings [Line Items]
Outstanding borrowings	$ 934,400	$ 939,200
Deferred financing costs and original issue discount	(16,262)	(18,023)
Total debt	918,163	921,177
Less current maturities	9,550	9,550
Long-term debt	908,613	911,627
Term Loan [Member]
Schedule Of Borrowings [Line Items]
Outstanding borrowings	$ 934,425	$ 939,200

Credit Arrangements and Debt 27

Credit Arrangements and Debt Obligations - Additional Information (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Effective interest rate for the term loans	3.84%
Financing fees		$ 1,600,000	$ 12,700,000
Discount and issuance cost		1,700,000	$ 7,900,000
Amortization of deferred financing costs	$ 1,100,000
Amortization expense of original issuance discount costs	700,000
Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, principal amount	1,100,000,000
Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, principal amount	$ 955,000,000
Term Loan [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, principal amount		790,000,000
Term Loan Facility [Member]
Debt Instrument [Line Items]
Weighted average interest rate	3.98%
Term Loan Facility [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, principal amount		$ 165,000,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt instrument, principal amount	$ 100,000,000
Credit facility, principal amount	$ 100,000,000
Weighted average interest rate	5.00%

Credit Arrangements and Debt 28

Credit Arrangements and Debt Obligations - Future Principal Payments Under New Term Loan (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Long Term Debt Maturities Estimated Repayments Of Principal [Line Items]
Long Term Debt Maturities Repayments Of Principal, Total	$ 934,400	$ 939,200
Term Loan Facility [Member]
Long Term Debt Maturities Estimated Repayments Of Principal [Line Items]
Future minimum payments remainder of 2015	4,775
Future minimum payments in 2016	9,550
Future minimum payments in 2017	9,550
Future minimum payments in 2018	9,550
Future minimum payments in 2019	9,550
Future minimum payments due thereafter	891,450
Long Term Debt Maturities Repayments Of Principal, Total	$ 934,425

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Common Stock Class A [Member]
Earnings Per Share [Line Items]
Option outstanding to purchase (in shares)	0.4	0.9	0.4	0.9
Restricted Stock [Member]
Earnings Per Share [Line Items]
Vesting period			3 years

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Calculation Of Numerator And Denominator In Earnings Per Share [Line Items]
Allocation of net income (loss) to common stock	$ 26,919	$ 21,714	$ 49,451	$ 37,762
Weighted average number of common shares:
Weighted average number (shares)	61,362,983	65,772,698	61,522,973	65,590,275
Earnings (loss) per share:
Common stock-basic (usd per share)	$ 0.44	$ 0.33	$ 0.80	$ 0.57
Common Stock [Member]
Calculation Of Numerator And Denominator In Earnings Per Share [Line Items]
Allocation of net income (loss) to common stock	$ 26,735	$ 21,629	$ 49,121	$ 37,617
Weighted average number of common shares:
Weighted average number (shares)	61,362,983	65,772,698	61,522,973	65,590,275
Unvested Participating Shares [Member]
Calculation Of Numerator And Denominator In Earnings Per Share [Line Items]
Allocation of net income (loss) to common stock	$ 184	$ 85	$ 330	$ 145
Weighted average number of common shares:
Weighted average number (shares)	422,725	259,525	411,845	252,316

Earnings Per Share - Computat31

Earnings Per Share - Computation of Diluted Earnings per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Diluted earnings per share:
Allocation of net income (loss) to common stock	$ 26,919	$ 21,714	$ 49,451	$ 37,762
Earnings allocated to common stock	$ 26,739	$ 21,631	$ 49,130	$ 37,621
Weighted average number of common shares:
Common stock-basic (shares)	61,362,983	65,772,698	61,522,973	65,590,275
Common stock-diluted (shares)	62,858,237	67,456,880	63,023,803	67,333,130
Earnings (loss) per share:
Common stock-diluted (usd per share)	$ 0.43	$ 0.32	$ 0.78	$ 0.56
Common Stock [Member]
Diluted earnings per share:
Allocation of net income (loss) to common stock	$ 26,735	$ 21,629	$ 49,121	$ 37,617
Weighted average number of common shares:
Common stock-basic (shares)	61,362,983	65,772,698	61,522,973	65,590,275
Unvested Participating Shares [Member]
Diluted earnings per share:
Allocation of net income (loss) to common stock	$ 184	$ 85	$ 330	$ 145
Adjusted earnings	$ (180)	$ (83)	$ (321)	$ (141)
Weighted average number of common shares:
Common stock-basic (shares)	422,725	259,525	411,845	252,316
Stock Options [Member]
Weighted average number of common shares:
Dilutive effect (shares)	1,495,254	1,684,182	1,500,830	1,742,855

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)

Jun. 01, 2015

May. 27, 2015

Dec. 10, 2014

Mar. 25, 2014

May. 31, 2015

Jun. 19, 2013

Jan. 30, 2013

Jun. 30, 2015

Jun. 30, 2015

Jun. 30, 2014

Dec. 31, 2014

Feb. 04, 2015

Mar. 28, 2014

Jan. 24, 2013

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Authorized stock repurchase amount

$ 250,000,000

$ 225,000,000

Number of shares repurchased

1,250,000

1,317,098

5,000,000

Number of shares issued

11,600,000

Shares repurchased

$ 221,600,000

Payments for repurchase of common stock

$ 72,644,000

$ 72,644,000

$ 3,079,000

Available for repurchase

177,400,000

177,400,000

Weighted average fair value of options granted (usd per share)

$ 14.31

Expected dividend yield

0.00%

Expected volatility

30.00%

Risk free interest rate

1.47%

Expected life of options

5 years 3 months 18 days

Total unrecognized compensation expense

$ 16,600,000

$ 16,600,000

Remaining requisite service period

2 years

2012 Omnibus Long-Term Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares authorized for equity awards

5,000,000

Number of shares of common stock available for grant

3,000,000

3,000,000

Number of options granted

362,950

Weighted average price at time of grant (in dollars per share)

$ 47.85

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares granted

163,200

Restricted stock awards - vesting period

3 years

Restricted stock price as percentage of fair value

50.00%

Unvested shares of restricted stock outstanding

422,725

422,725

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares granted

9,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value

$ 53.18

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value

$ 500,000

Unvested shares of restricted stock outstanding

15,066

15,066

Maximum [Member] | 2012 Omnibus Long-Term Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Stock option vesting period

5 years

Maximum [Member] | Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Maximum period after which awards can be issued

5 years

Selling, General and Administrative Expenses [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total recorded stock-based compensation expense

$ 4,200,000

Cost of Sales [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total recorded stock-based compensation expense

$ 400,000

Third Anniversary [Member] | 2012 Omnibus Long-Term Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting percentage

60.00%

Fourth and Fifth Anniversary [Member] | 2012 Omnibus Long-Term Incentive Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Vesting percentage

20.00%

Secondary Offering [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of shares repurchased

4,500,000

1,250,000

Number of shares issued

3,000,000

8,000,000

7,900,000

9,800,000

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share Price

$ 23.68

$ 23.68

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014	Jun. 30, 2015USD ($)tax_audit	Jun. 30, 2014	Dec. 31, 2014USD ($)
Income Tax Disclosure [Line Items]
Effective income tax rates	35.60%	36.00%	33.70%	36.20%
Tax benefit	$ 1,300,000		$ 1,300,000
Unrecognized income tax benefit					$ 700,000
Interest and penalties accrued for income tax					$ 900,000
Minimum [Member]
Income Tax Disclosure [Line Items]
Change in uncertain tax positions	0		0
Maximum [Member]
Income Tax Disclosure [Line Items]
Change in uncertain tax positions	$ 700,000		$ 700,000
Federal [Member]
Income Tax Disclosure [Line Items]
Statute of limitations			3 years
State [Member]
Income Tax Disclosure [Line Items]
Number of income tax audits in process | tax_audit			1
State [Member] | Minimum [Member]
Income Tax Disclosure [Line Items]
Statute of limitations			3 years
State [Member] | Maximum [Member]
Income Tax Disclosure [Line Items]
Statute of limitations			5 years
Foreign [Member] | Minimum [Member]
Income Tax Disclosure [Line Items]
Statute of limitations			1 year
Foreign [Member] | Maximum [Member]
Income Tax Disclosure [Line Items]
Statute of limitations			7 years

Fair Value Measures - Additiona

Fair Value Measures - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2015USD ($)Customer	Dec. 31, 2014USD ($)
Fair Value Measurements Disclosure [Line Items]
Long Term Debt, Carrying Value	$ 934.4	$ 939.2
Fair Value, Inputs, Level 2 [Member]
Fair Value Measurements Disclosure [Line Items]
Long Term Debt, Fair Value	$ 934.5	$ 921.6
Revenue [Member] | Customer Concentration Risk [Member]
Fair Value Measurements Disclosure [Line Items]
Concentration risk percentage	10.00%
Number of Customer Generating more than 10% | Customer	0
Accounts Receivable [Member] | Customer Concentration Risk [Member]
Fair Value Measurements Disclosure [Line Items]
Clients accounting for more than benchmark | Customer	0

Segment Information - Income fr

Segment Information - Income from Operations by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2015		Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenue	$ 370,465		$ 348,100	$ 720,905		$ 680,255
Amortization of intangibles	6,832		7,375	13,754		15,109
Income (loss) from operations	52,138	[1]	42,535	94,979	[2]	76,546	[3]
Secondary offering costs	300			300		600
Operating Segments [Member] | Full Service Center-based Care [Member]
Segment Reporting Information [Line Items]
Revenue	317,181		300,724	617,515		587,748
Amortization of intangibles	6,507		7,050	13,104		14,456
Income (loss) from operations	36,323	[1]	29,497	64,598	[2]	51,508	[3]
Operating Segments [Member] | Back-up Dependent Care [Member]
Segment Reporting Information [Line Items]
Revenue	44,404		39,740	86,005		77,196
Amortization of intangibles	181		181	362		362
Income (loss) from operations	14,240	[1]	12,181	28,001	[2]	23,873	[3]
Operating Segments [Member] | Other Educational Advisory Services [Member]
Segment Reporting Information [Line Items]
Revenue	8,880		7,636	17,385		15,311
Amortization of intangibles	144		144	288		291
Income (loss) from operations	$ 1,575	[1]	$ 857	$ 2,380	[2]	$ 1,165	[3]
[1]	(1) For the three months ended June 30, 2015, income from operations includes secondary offering expenses of $0.3 million which has been allocated to full service center-based care.
[2]	For the six months ended June 30, 2015, income from operations includes secondary offering expenses of $0.3 million which has been allocated to full service center-based care.
[3]	For the six months ended June 30, 2014, income from operations includes secondary offering expenses of $0.6 million which has been allocated to full service center-based care.