Acquisitions (Tables)

6 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Schedule of Net Assets Acquired

The purchase price allocation presented below has been prepared on a preliminary basis and changes to the preliminary purchase price allocations may occur as additional information concerning asset and liability valuations are finalized.

	September 2018
Allocation of purchase price:
Fixed assets	$	2,134
Goodwill	2,648
Definite lived intangible assets:
Membership list	480
Trade name	340
Non-compete agreement	320
Operating lease right-of-use assets	(400		)
Deferred revenue	(592		)
Total allocation of purchase price	$	4,930

The purchase price allocation presented below has been prepared on a preliminary basis and changes to the preliminary purchase price allocations may occur as additional information concerning asset and liability valuations are finalized.

	December 2018
Allocation of purchase price:
Fixed assets	$	3,680
Goodwill	7,041
Definite lived intangible assets:
Membership list	1,435
Trade name	248
Non-compete agreement	717
Deferred revenue	(854		)
Total allocation of purchase price	$	12,267

The following table summarizes the allocation of the purchase price to the fair value of the assets and liabilities acquired.

	January 2018
Allocation of purchase price:
Fixed assets	$	982
Goodwill	1,075
Definite lived intangible assets:
Membership list	600
Non-compete agreement	400
Working capital assets	130
Deferred revenue	(321		)
Total allocation of purchase price	$	2,866

The purchase price allocation presented below has been prepared on a preliminary basis and changes to the preliminary purchase price allocations may occur as additional information concerning asset and liability valuations are finalized.

	August 2018
Allocation of purchase price:
Fixed assets	$	5,646
Goodwill	2,728
Definite lived intangible assets:
Membership list	288
Amount due to seller, net	(610		)
Deferred revenue	(860		)
Non-controlling interest	(495		)
Total allocation of purchase price	$	6,697

The purchase price allocation presented below has been prepared on a preliminary basis and changes to the preliminary purchase price allocations may occur as additional information concerning asset and liability valuations are finalized.

Certain measurement period adjustments were made subsequent to the initial purchase price allocation in the three months ended June 30, 2019, including adjustments related to the valuation of fixed assets and membership lists. The difference in depreciation and amortization of fixed assets and membership lists as a result of the measurement period adjustments was not material.  

	February 2019
Allocation of purchase price:
Fixed Assets	$	8,803
Goodwill	9,856
Definite lived intangible assets:
Trade name	2,221
Membership list	610
Non-compete agreement	1,424
Operating lease right-of-use assets	17,812
Operating lease liabilities	(18,212		)
Deferred revenue	(847		)
Total allocation of purchase price	$	21,667

The following table summarizes an estimated allocation of the purchase price of the assets and liabilities acquired.

	September 2018
Allocation of purchase price:
Fixed assets	$	703
Goodwill	232
Right of use assets	(76		)
Other assets and liabilities assumed, net	(106		)
Deferred revenue	(476		)
Total allocation of purchase price	$	277

The purchase price allocation presented below has been prepared on a preliminary basis and changes to the preliminary purchase price allocations may occur as additional information concerning asset and liability valuations are finalized.

	April 2018
Allocation of purchase price:
Fixed assets	$	8,064
Goodwill	1,584
Definite lived intangible assets:
Operating lease right-of-use assets	440
Trade name	1,562
Working capital, net	161
Deferred revenue	(4,546		)
Total allocation of purchase price	$	7,265

Unaudited Pro Forma Results

The following table provides the Company’s consolidated unaudited pro forma revenues, net income and net income per basic and diluted common share had the results of the acquired businesses’ operations been included in its operations commencing on January 1, 2017, based on available information related to the respective operations. This pro forma information is not necessarily indicative either of the combined results of operations that actually would have been realized by the Company had the acquisitions been consummated at the beginning of the period for which the pro forma information is presented, or of future results and does not account for any operational improvements to be made by the Company post-acquisition.

	Three Months Ended June 30,					Six Months Ended June 30,
	2019			2018		2019			2018
Revenue	$	118,074		$	118,089	$	237,264		$	230,960
Net (loss) income including non-controlling interests	$	(1,557	)	$	242	$	(3,711	)	$	1,012
(Loss) earnings per share:
Basic	$	(0.05	)	$	0.01	$	(0.14	)	$	0.04
Diluted	$	(0.05	)	$	0.01	$	(0.14	)	$	0.04