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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 (b)
 
(c)
Net revenue
$
115,903

 
$
115,697

 
$
112,521

 
$
109,721

Operating income (loss)
(2,104
)
 
2,068

 
2,412

 
(1,624
)
Net income (loss)
(3,515
)
 
(919
)
 
(867
)
 
(63,688
)
Earnings (loss) per share(a)
 
 
 
 
 
 

Basic
$
(0.15
)
 
$
(0.04
)
 
$
(0.04
)
 
$
(2.62
)
Diluted
$
(0.15
)
 
$
(0.04
)
 
$
(0.04
)
 
$
(2.62
)
 
2013
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 
 
(d)
Net revenue
$
119,164

 
$
120,112

 
$
117,042

 
$
113,907

Operating income
11,479

 
15,001

 
8,770

 
5,348

Net income (loss)
4,231

 
6,197

 
2,591

 
(695
)
Earnings (loss) per share(a)
 
 
 
 
 
 
 
Basic
$
0.18

 
$
0.26

 
$
0.11

 
$
(0.03
)
Diluted
$
0.18

 
$
0.25

 
$
0.10

 
$
(0.03
)

________________________
(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)
Net loss and loss per share for the third quarter of 2014 included $833 and $0.03, respectively, comprised of the following: $928, net of tax, occupancy gain related to club closures, $60, net of tax, related to rental income from the Company's former tenant in the East 86th Street building, $24, net of tax, resulting from rent paid under the building financing arrangement (recorded in interest expense on the accompanying consolidated statement of operations), partially offset by $123, net of tax, related to legal damages resulting from a legal judgment and $56, net of tax, related to legal and other expenses associated with club closures.
(c)
Net loss and loss per share for the fourth quarter of 2014 included $60,368 and $2.48, respectively, comprised of non-cash charge related to a tax valuation allowance recorded against deferred tax assets.
(d)
Revenue and operating income for the fourth quarter of 2013 include $424 of rental revenue due to an out of period error correction. Net loss and loss per share for the fourth quarter of 2013 include $632 and $(0.03), respectively, comprised of the following: $259, net of tax, related to the out of period adjustment to rental income referred to above, $457 loss on extinguishment of debt, net of tax, in connection with the Company’s debt refinancing in November 2013; $77 payroll bonus expense, net of tax, in connection with the payment of a $0.16 cash bonus to eligible stock option holders; $237, net of tax, of severance related to an executive departure; $136, net of tax, related to legal fees in connection with the sale of the Company's 86th Street property and $16 of net income tax benefits related to corrections of temporary tax differences.