Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected Quarterly Financial Data (Unaudited)

	2017
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
							(b)			(c)
Net revenue	$	99,080		$	99,993		$	98,641		$	105,328
Operating (loss) income	(118		)	3,518			(6,269		)	9,806
Net (loss) income	(2,935		)	(410		)	(13,276		)	20,990
(Loss) earnings per share (a)
Basic	$	(0.11	)	$	(0.02	)	$	(0.50	)	$	0.78
Diluted	$	(0.11	)	$	(0.02	)	$	(0.50	)	$	0.76

	2016
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
				(d)			(e)
Net revenue	$	101,345		$	100,935		$	98,534		$	96,107
Operating (loss) income	(3,722		)	(1,462		)	(2,624		)	1,425
Net (loss) earnings	(6,925		)	20,733			(5,506		)	(259		)
(Loss) earnings per share (a)
Basic	$	(0.28	)	$	0.81		$	(0.21	)	$	(0.01	)
Diluted	$	(0.28	)	$	0.79		$	(0.21	)	$	(0.01	)

(a) Basic and diluted (loss) earnings per share are computed independently for each quarter presented. Accordingly, the sum of the quarterly earnings per share may not agree with the calculated full year earnings per share.

(b) In the third quarter of 2017, the Company recorded a pre-tax non-cash fixed asset impairment charge of $6,497 related to underperforming clubs.

(c) In the fourth quarter of 2017, the Company recognized $3,557 of pre-tax personal training revenue related to unused and expired sessions in three of the states it operates clubs.

(d) In the second quarter of 2016, the Company recorded a pre-tax gain on extinguishment of debt of $38,497 in connection with the purchase of $71,152 of its debt.

(e) In the third quarter of 2016, the Company recorded a pre-tax non-cash fixed asset impairment charge of $742 related to underperforming clubs.