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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Club operations $ 117,365 $ 114,882 $ 359,903 $ 347,659
Fees and other 2,247 1,256 4,862 3,469
Total revenues 119,612 116,138 364,765 351,128
Operating Expenses:        
Payroll and related 43,654 43,286 136,293 133,639
Club operating 46,270 45,496 136,012 132,983
General and administrative 5,641 6,139 17,709 19,655
Depreciation and amortization 12,148 12,642 37,427 38,829
Impairment of fixed assets 239   239  
Total operating expenses 107,952 107,563 327,680 325,106
Operating income 11,660 8,575 37,085 26,022
Loss on extinguishment of debt 1,010   1,010 4,865
Interest expense 6,542 6,062 18,027 18,265
Interest income (25) (45) (43) (135)
Equity in the earnings of investees and rental income (632) (578) (1,852) (1,833)
Income before provision for corporate income taxes 4,765 3,136 19,943 4,860
Provision for corporate income taxes 1,613 1,194 7,524 1,795
Net income $ 3,152 $ 1,942 $ 12,419 $ 3,065
Earnings per share:        
Basic $ 0.13 $ 0.09 $ 0.53 $ 0.13
Diluted $ 0.13 $ 0.08 $ 0.52 $ 0.13
Weighted average number of shares used in calculating earnings per share:        
Basic 23,581,631 22,834,206 23,331,877 22,782,124
Diluted 24,186,498 23,457,058 24,015,747 23,318,879