Calvin steps off the school bus and comes into the house. He yells that he's home, and Hobbes pounces on him. Out the door they fly. Calvin ends up on his back, with his feet up on a tree. Hobbes asks if he's glad to see him. Calvin replies he'd love to be a latchkey kid.

Calvin comes to the front door and yells that he's home. WHAM! The front door shakes. Calvin opens the door to see Hobbes holding his head. Calvin informs Hobbes that "you'll notice I didn't say I was inside".