wages and benefits than KLC currently does as a
Results for “KLC Consolidated”
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Management's Discussion and Analysis of KLC's Pro Forma Results of Operations
insurance and food. KLC's management believes its large
KLC experienced a reduction in projected claims costs for its self-insurance
KLC spent $34.4 million and $36.6 million
KLC spent $9.8 million in 2004 on corporate infrastructure improvements
KLC OpCo collects tuition for its own account
KLC OpCo provides customized before and after school
KLC OpCo has identified 50 centers which it intends to close and will
KLC OpCo is actively involved in teaching the
KLC OpCo must seek approval to provide services in a state through a request-for-proposal
which could have a material adverse effect on KLC OpCo's operations.
requires significant judgment. KLC OpCo estimates the
KLC OpCo projects Utilization will have increased to 65.2%.
and is projected to grow to 6.0% in 2011. KLC OpCo projects that growth in the School