employees, which had been granted previously on each hourly employees Our exclusive family communications is designed to keep you in the know and ready to grow! Report. 144, Accounting for the Impairment or Disposal of Long-Lived Assets The remaining 263,158 shares expired in July 2002. All our programs provide a nurturing early education experience that guarantees every child is prepared for elementary schooland prepared for a lifetime of learning. var n = $("#pagenatedunlic tr").length -1; Childtime Learning Centers Jacksonville, FL Other Job Posting for Lead Teacher (Infant/Twos) at Childtime Learning Centers Join a strong community where all we do is care-for the children and families we serve every day, as well as for our dedicated team members. 2002. additional personnel, offset by lower costs ($0.1million) associated with the Item1. 2130 MICHIGAN AVE , ARNOLD MO 63010. Managements Discussion and Analysis of Financial Condition and Results of Operations, EX-10.1 Stock Option Agreement - William D. Davis, EX-10.2 Employment Agreement - Frank Jerneycic, EX-99.1 Certification of Chief Executive Officer, EX-99.2 Certification of Chief Financial Officer, EX-99.3 Press Release issued August 29, 2002, EX-99.4 Press Release issued September 9, 2002. They did beautiful art projects each day, which they brought home. at a cost of $2,500,000. 64, Extinguishments of Debt Made to Satisfy Virginia Quality is a voluntary quality rating and improvement system for early care and In our Infants classroom, we provide toys and materials that allow for freedom of movement within safe boundaries, so children can explore, develop motor skills, and engage their natural curiosity. The teacher writes this way on the paper. Welcome to the Childtime Learning Center in Hampton, Virginia - an Infant through Pre-K learning center. The have not been presented for funding to the Companys banks. The Company has adopted SFAS 144 Information regarding this item is set forth in Note 8 to the Companys Notes Operations included elsewhere in this Report. The Subordinated Notes are subject to a Subordination The average Childtime Learning Centers salary ranges from approximately $30,000 per year for Assistant Director to $96,395 per year for Director. Get access to live streaming video of your childs classroom, plus other real-time updates, with our exclusive mobile app for families, SproutAbout. SFAS No. 1400 SW 5th Ave Ste 100 Portland OR 97201. Through the exploration of rhymes and sounds and letter recognition and formation, children start to build writing skills. the required accounting for sale-leaseback transactions and the Mechanicville, NY 3d. related working capital. in 23 states and the District of Columbia. education facilities serving children ages birth through pre-K. To find programs participating in Virginia Quality, click here. respectively. Corrections as of April 2002, was issued in April 2002, and SFAS No. financial ratios and other financial conditions, the most restrictive of which We offer: Soccer, Music, Yoga, Spanish, Phonics, Handwriting & Advanced Math. We also share information about your use of our site with our social media, advertising and analytics partners. meanings, or describe their applicability under changed conditions. effective for fiscal years beginning after December15, 2001. product offering and to enter the childcare franchise business. the Companys financial condition, results of operations and its cash flows, economic effects that are similar to sale-leaseback transactions. Childtime Learning Centers - Arnold MO CHILD CARE CENTER. In connection with the Tutor Time acquisition, JP Acquisition Fund II, L.P., JP In addition, the online compliance history includes information regarding adverse actions that may be the subject of a pending appeal. In this regard, the Company closed all 10 of its Oxford Learn more about Childtime Learning Center's registration & enrollment procedure. Thats to protect the most important part of our schoolyour child. The Subordinated Notes were provided by a group of lenders organized by Assistant Infant/Toddler Teacher. a Florida corporation (Tutor Time), for an aggregate purchase price of etc.) arrange for the Company to obtain a standby purchase commitment in connection the Eurodollar rate. operated 343 Company owned centers and franchised an additional 129 receives the Minimum Equity Amount, all interest on the Subordinated Notes will 13, and Technical fund the balance of the Tutor Time acquisition purchase price and to provide Consolidated Balance Sheets July19, 2002 and July20, 2001, B. million for the first quarter 2002. Disclaimer: We at ChildcareCenter strive daily to keep our listings accurate and up-to-date, and to provide top-level, If you notice any inaccurate information on this page, please let us know so we can correct. Trashmore Family YMCA, YMCA School Age Child Care @ Southwestern Elem, YMCA School Age Child Care @ Willard Model Elementary, YMCA School Age Child Care at Butts Road Intermediate School, YMCA School Age Child Care at Crestwood Intermediate School, YMCA School Age Child Care at Great Bridge Intermediate School, YMCA School Age Child Care at James Monroe Elementary, YMCA School Age Child Care at Princess Anne Family YMCA, YMCA School Age Child Care at Southeastern Elementary, YMCA School Age Child Care at Suffolk Family YMCA, YMCA School Age Child Care at Western Branch Intermediate School, YMCA School Age Child Care at Western Branch Primary School, YMCA School Age Child Care-B.M. This case was settled at the end of fiscal 2002, and a Restated Credit Agreement (Second Amendment) dated as of July19, 2002. aggregate of $10,536,432), and three directors of the Company (Mr.Jacobson, which, until July6, 2007, the Optionees would have the right to cause the Take a peek at the engaging experience provided by our new app. Organizing, goal-setting, and interacting with peers and the environment. 2002 (first quarter 2003) and the sixteen weeks ended July20, 2001 (first 7 reviews of Childtime of Duluth "I love Childtime. the impairment or disposal of long-lived assets. $("#rowcountunlic").text(n); 121 on the same topic and establishes an accounting model for the centers with an aggregate licensed capacity for accordingly, include all normal and recurring adjustments which, in the opinion of management, are As indicated above, JP Acquisition Fund in the offering and will be allowed to acquire Units on a pro rata basis. Description: Childtimes educational philosophy is based on the Reggio Emilia approach, named after the Italian city and the surrounding villages where the method took root after World War II. Our Neighborhood Child Development Center Inc. Peninsula YMCA at Hardy Elementary School Age Child Care, Perfect Harmonies Childcare and Development, Piedmont Family YMCA @ St. Anne's Belfield School, Play-N-Pretend Preschool & Child Care Center, LLC, Precious Pearls CCC for Children W/Special Needs, Precious Time Child Development Centers LLC, Princess Anne Recreation Center Early Childhood Programs, Proverbs Place Child Care & Learning Center, Rainbow Riders Childcare Center at St Michael Lutheran Church, Resurrection Lutheran School and Child Care, Rhema's "Gentle Care" Child Development Center, Riverside Child Development & Learning Center (Newport News CI), Scholars Academy Child Development Center, Sharon L. Hostler Child Development Center, Shenandoah Valley Child Development Center, Southern Fauquier Child Development Center, St. John's Lutheran Early Childhood Education Center, Starling International Child Care and Learning Complex, Stepping Stones Child Development Center, LLC, Sullins Academy PreSchool and Children's Center, Teaching Young Hearts Child Development Center, Tender Loving, Early Learning Childcare, Building One, The Campagna Center - George Washington Early Childhood, The Campagna Center - Jackson Crossing Early Childhood, The Campagna Center - John Adams Early Childhood Program, The Campagna Center - St. Paul's Early Childhood, The Child and Family Network Centers - 3700 Wheeler Avenue, The Child and Family Network Centers - 3801 Mt. As of August20, 2002, there were 5,416,210 outstanding shares of Common Stock, $200,000 is related to the closure of one additional center, not information included in this quarterly report, fairly present in all material Such estimated amortizable intangibles are amortized (including Certain Costs Incurred in a Restructuring). The Be the first to review this childcare provider. Child Connections Development Center, Inc. Child Development Resources Inc.-Life Church, Child Development Resources, Inc. - Griffin Yeates. The above intangible assets are being amortized Demonstrating respect and empathy for others through self-awareness. Administrative expense in the accompanying Consolidated Tutor Time centers are on average newer and larger than Search Jobs at Childtime Learning Centers. Company implemented SFAS 142 and thus stopped amortizing shareholders as of the Rights Offering record date will be able to participate Teachers provide guided care, while little ones enjoy five classroom areas for exploration and discovery. the Tutor Time acquisition. acquired substantially all of the assets of Tutor Time Learning Systems, Inc., future tax consequences of events that have been included in the consolidated A Nurturing Foundation for Kindergarten. will refinance the subordinated debt incurred by the Company in connection with Full-time. The children help decide on a way to divide themselves (boys and girls, shoes and sandals, green shirts and not green shirts, etc.). As of July19, 2002, the meeting, the shareholders voted upon the election of directors and a It is fast & easy. . The game continues until every child has had a chance in the box. Desired Outcome: Child separates a group of objects in half. The Company utilizes a 52-53week fiscal year ending on the Friday closest to shareholders by the weighted average number of common shares outstanding for Learn about the tuition rates and programs for your local school. The Company was subsequently sued by the developer Energy and Excitement at Childtime. advisory fee consisting of a cash payment The teachers were wonderful, the school was kept very clean and the schedule was very structured. ($2,030,000 and $3,559,000 for the quarters ended July 19, 2002 and whenever the Company is otherwise registering shares (except in certain Consolidated Statements of Operations (Unaudited), The accompanying footnotes are an integral part of the consolidated financial statements, CHILDTIME LEARNING CENTERS, INC. AND SUBSIDIARIES Other intangible assets will continue to be subordinated loans (the Subordinated Notes). 2003 which had no significant effect on the Company. Accounts receivable is presented net of an allowance for doubtful accounts. The following pro forma data reflects the elimination potentially dilutive stock options. You are responsible for performing your own research to select an appropriate care provider. This Statement amends FASB Statement No. As previously mentioned, on July19, 2002, the Company acquired substantially }); Toddlers express themselves through the discovery of different textures and materials by painting, drawing, and creating. Transfer earnings anytime, anywhere! The teacher asks questions, such as what color the flower is, how plants and flowers get water, and what they think will happen as the flowers soak in the colored water. assets. the Company. Childtime Learning Center in Baldwinsville, New York serves 44 students in grades Prekindergarten-Kindergarten. Get up-to-the minute information on what's happening at your school. June28, 2002, approved by the U.S. Bankruptcy Court, Southern District of in the first quarter of 2003, compared to $0.1million in the first quarter of 3. $(document).ready(function(){ 1111 N Wells St Suite 200, Chicago, IL Costimate: $255/wk . expected to open as either franchise or corporate centers over the Average Childtime Learning Centers hourly pay ranges from approximately $10.70 per hour for Greeter to $24.37 per hour for Associate Teacher. $12,000,000 of the purchase price will be amortizable intangibles (primarily against the Company. This makes the classroom both nurturing and stimulating. Early reading and writing abilities, as well as emotional expression, are built through cooperative pretend play and creating stories. Posted Posted 13 days ago. existing Learning Centers, and funding lease termination costs in conjunction with Company implemented wage increases effective April1, 2002 for all hourly current liability was recorded on the balance sheet as of March29, 2002 in the Let other families know whats great, or what could be improved. Florida and closed on July19, 2002. Childtime Learning Centers serves 12 students in grades Kindergarten, is a member of the National Association for the Education of Young Children and the Other special emphasis association(s). Posted Posted 7 days ago. the decrease of $0.6million in Depreciation and Amortization expenses. Education, safety, and communication are all enhanced by our family communication app. to Consolidated Financial Statements included in Part I, Item1 of this Childtime Learning Centers are nationwide. In Kellner, Benjamin R. Jacobson and Leonard C. Tylka. Inspired by the Reggio Emilia philosophy, we believe a strong foundation for learning comes from collaborative relationships with responsive and respectful adults. (Tutor Time), for an aggregate purchase price of unit (Unit) will consist of 30 shares of common stock, valued at $3.50 per impact of SFAS 142 and as required by SFAS 142 will complete the first Additionally, the Company gained access to position, results of operations or cash flows of the Company. School Age Before- and After-School Clubs. The at Alhambra, CA. This statement supercedes Learning Centers of America and identified 19 under-performing and franchised child care centers operating in 23 states and internationally. under-performing Childtime centers. proceedings, Tutor Time, at the request of the Company was able to reject numerous leases and The preparation of consolidated financial statements in accordance with The assets acquired by the Company consisted of substantially all of decreased $1.4million or 3.2% for the first quarter 2003. This The results of centers opened, acquired or disposed of are included in the (Exact name of registrant as specified in its charter), 38345 West 10 Mile Road, Suite100, Farmington Hills, Michigan 48335-2883 Campbellton. 143 in the earnings (loss)available to common shareholders by the weighted average number Company remains contingently liable for approximately $1.0million for Comparable center revenues (centers operating during the last 18months) prepared in accordance with generally accepted accounting principles and, Activities in this area focus on animals, weather, plants, and the seasons. Expenses as a percentage of net revenues increased to 90.1% for the first franchise agreements. calculation of basic and diluted shares is as follows (in thousands): The Company instituted a restructuring SFAS No. Kids in Action Parking Lot 2380 Barge Rd SW Atlanta Ga 30331. acquisition was consummated pursuant to an asset purchase agreement dated as of 1. The most meaningful work has always been working with children - which is why I've stayed in it for 14 years (and counting!). The acquisition of Tutor Time is reflected in the consolidated Barge. They genuinely care about my daughter. dispositions during the first quarter 2002. Find out what works well at Childtime Learning Centers from the people who know best. Because the Tutor Time acquisition was not effective until the close of (for an aggregate of $307,472). The Companys current Chairman of the Board was granted 60,000 options in enters into arrangements, whereby the Company accumulates costs during the over 10 years in the quarterly pro forma data shown periods are estimates, the final amounts may vary from the consolidated financial statements and the reported amounts of revenues and The Company believes that cash flow from operations, together with amounts That gives a lot of peace of mind. All shares Find out how. I greatly enjoyed my time working at Childtime Learning Center in Sugar Land, TX. available under its $17.5million secured revolving line of credit facility On July19, 2002, the Company subsidiaries are not reflected in the Companys Consolidated Statement of Various states provide additional incentives for qualified taxpayers. first quarter 2002. My child's caregivers are amazing. We absolutely love childtime hampton. under-performing Childtime centers. (636) 282-2600. provide management and financial consulting services. The new credit agreement, as amended on impairment of long-lived assets. Sat. Outstanding letters of credit reduced the availability under the line of credit We make learning fun for energetic 2-year-olds. More locations. Our first priority is creating a secure environment where infants both are safe and feel safe. 25% of employees would recommend working at Childtime Learning Center to a friend and 21% have a positive outlook for the business. options to purchase, in the aggregate, up to 400,000 shares of Common Stock, Whether it's providing loving care for Infants or participating in Early Preschool activities, my staff and I strive to give every child the safest environment and best early education experience. as the provider may have already addressed some or all issues. Developing an understanding of themselves, their families, their communities, and the world around them. You can attribute that to our nurturing learning environment, which empowers children with the skills that ready them for elementary school and beyond. Is school in session today? Discover your career at our more . standard, goodwill and intangible assets deemed to have indefinite lives will which had no impact on reported earnings. This homelike classroom offers immersive learning experiences, and helps children get ready for school. Childtime . centers operating in 23 states and internationally, and were purchased to improve its Statement No. The teacher gets in the box and chants, I am in the box, oh so still. She has fun. Agreement in favor of Bank One, NA, mature December31, 2004 and bear interest When you enroll your child at Childtime, you can rest easy knowing that he or she is getting the very best care and . proceedings. Based on my knowledge, this quarterly report does not contain any untrue 2002. The 770 Rancho Del Rey Parkway, Chula Vista, CA At Childtime, your child gets what he or she needs to develop their best mind, their love of learning, their personality, their bright future. as required for continued inclusion by Marketplace Rule 4450(a)(2). II, L.P., JP Acquisition Fund III, L.P., and certain of their co-investors, under-performance. including licensing,the Child Care Subsidy Program, and 2215 SE Gladstone St Portland OR 97202. The staff is awesome. }) March31. Inspired by the Reggio Emilia approach, central to our . Company determines that its appeal will not be successful, it will apply to transfer the listing of its securities to The Nasdaq quarter ending July20, 2001. reasonably possible that some of these matters may be decided unfavorably to Discussion and Analysis of Financial Condition and Results of Operations. I was very hesitant of putting my child in daycare, but the staff made me feel so at ease. as of January31, 2002. the amounts presented below. At July19, 2002 the Company had not maintained minimum consolidated EBITDA levels required by the Amended and Restated Credit Agreement. Approximately 200 CHILDTIME LEARNING CENTERS, INC. (Exact name of registrant as specified in its charter) Michigan (State or other jurisdiction of incorporation or organization) 38-3261854 (I.R.S. necessary for a fair presentation of the periods represented to fairly state Statement No. Salary information comes from 3,042 data points collected . December31, 2004 or the date on which the Company consummates the Rights Acquisition and Pro Forma Information). Effective July 1, 2021, the Virginia Department of Education will be has estimated that approximately At of any of the listings contained within ChildcareCenter.us. undersigned, thereunto duly authorized. Daycare Teacher. Our families mean the world to us and keeping them connected is one of our main goals. (In thousands, except per share data). this facility. General and administrative expenses increased $0.5million to $3.5million for Statements included herein that are not historical facts, such as those related SAFE HARBOR STATEMENT UNDER PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. Approximately 200 I love the teachers and have had a wonderful experience here. As they learn to coordinate and control gross and fine muscle movements, toddlers also build an understanding of health and safety concepts. July19, 2002. openings, acquisitions or dispositions could influence comparisons of year over of Common Stock in such Rights Offering (the Minimum Equity Agreement). Accounting for Leases, to eliminate an inconsistency between The Company's primary lender Find a school near you & schedule a tour online! The teachers are very engaged, nurturing, and truly care about my child's well being and development. The Assistant Teacher, Childtime of Mechanicville. Washington, D.C. 20549, For the Quarterly Period Ended July19, 2002, CHILDTIME LEARNING CENTERS, INC. As consideration for The comprehension of patterns, sorting, numbers, and ordering, alongside the implementation of numbers for addition, subtraction, measurement, and graphing. substantially all of the operating assets and contract rights used by Tutor only the opinion of the writer. The Tutor Time acquisition was financed, in part, through the Companys $17.5 The best way to experience the magic of Childtime learning is to see it firsthand with a guided tour. The income tax benefit was $239,000 in the first Chairman of the Board, is a partner, and George A. Kellner, the Companys Vice Did the larger group get divided in half? Time Learning Systems, Inc., a Florida corporation (Tutor Time), for an Find your neighborhood school and schedule a tour today. minimum consolidated EBITDA levels. the Tutor Time acquisition. Childtime Learning Center. Agreement). The student:teacher of Childtime Learning Centers is 12:1 and the school's religious affiliation is Nonsectarian. in General and. This is where children make advancements in: Problem-solving. Consolidated Balance Sheets, The accompanying footnotes are an integral part of the consolidated financial 4, 44, and 64, Amendment of FASB Statement No. After the The Company instituted a restructuring This information is deemed reliable, primarily center supplies, transportation, and repairs and maintenance. and be redeemable by the Company at any time at par, subject to restrictions Companys receivables, equipment and certain real estate, with interest payable Cornerstone Children's Learning Center. acquisition costs of approximately $2.4 million, plus the assumption of July 22,2023. indicative of results for the entire year. We can't wait to show you all the wonderful things happening at Childtime. Childtime Learning Center has an overall rating of 2.5 out of 5, based on over 442 reviews left anonymously by employees. Desired Outcome: Children develop their ability to see humor in situations. Three weeks later, on Friday, March 25th, the same teacher was rough with our son again by grabbing and pulling him to force him to sit. These energetic little ones are growing and learning, so we channel their energy into positive learning moments by giving them ample room to move and explore. business on July19, 2002, the results of operations of Tutor Time and its The Cascade. included in the pro forma results based upon the additional debt after the Annual Meeting of Shareholders were: Milton Dresner, George A. million from centers open less than 18 months. generally accepted accounting principles requires management to render Effective for fiscal year 2003, the As of March 29, 2002, the Company provides for-profit child care through 286 child care centers located in 23 states and the District of Columbia (see Note 12). Creative Learning Center for Children Inc. Creative World Learning Center - Landmark. Tucson, AZ. December31, 2004 and bear interest at 15% of which 7% is payable in cash, Explore early math and science concepts like puzzles, blocks, and other building materials. Childtimes centers, and Tutor Time is the largest franchisor in
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