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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Revenues $ 118,704 $ 112,329 $ 235,302 $ 219,440
Operating Expenses:        
Payroll and related 45,547 42,396 90,870 81,870
Club operating 55,017 50,131 108,593 98,495
General and administrative 6,493 6,381 13,363 12,292
Depreciation and amortization 10,075 9,640 19,660 18,768
Total operating expenses 117,132 108,548 232,486 211,425
Operating income 1,572 3,781 2,816 8,015
Interest expense 3,240 3,338 6,692 6,506
Interest income (16) (45) (44) (81)
Equity in the earnings of investees (93) (78) (148) (183)
(Loss) income before benefit for corporate income taxes (1,559) 566 (3,684) 1,773
Benefit for corporate income taxes (2) (35) 72 43
Net (loss) income including non-controlling interests (1,557) 601 (3,756) 1,730
Less: net loss attributable to non-controlling interests (110) 0 (260) 0
Net (loss) income attributable to Town Sports International Holdings, Inc. and Subsidiaries $ (1,447) $ 601 $ (3,496) $ 1,730
(Loss) earnings per share:        
Basic (in dollars per share) $ (0.05) $ 0.02 $ (0.13) $ 0.07
Diluted (in dollars per share) $ (0.05) $ 0.02 $ (0.13) $ 0.07
Weighted average number of shares used in calculating (loss) earnings per share:        
Basic (in shares) 26,580,772 25,844,061 26,512,737 25,776,919
Diluted (in shares) 26,580,772 26,584,112 26,512,737 26,515,964
Club operations        
Revenues:        
Revenues $ 117,027 $ 111,047 $ 232,167 $ 216,722
Fees and other        
Revenues:        
Revenues $ 1,677 $ 1,282 $ 3,135 $ 2,718