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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Club operations $ 418,069 $ 447,871 $ 464,240
Fees and other 6,254 5,971 5,985
Total revenue 424,323 453,842 470,225
Operating Expenses:      
Payroll and related 175,898 177,009 174,894
Club operating 196,725 192,716 179,683
General and administrative 30,683 31,352 28,431
Depreciation and amortization 47,887 47,307 49,099
Impairment of fixed assets 14,571 4,569 714
Impairment of goodwill 31,558 137 0
Gain on sale of building (77,146) 0 0
Gain on lease termination (2,967) 0 0
Insurance recovery related to damaged property 0 0 (3,194)
Total operating expenses 417,209 453,090 429,627
Operating income 7,114 752 40,598
(Gain) loss on extinguishment of debt (17,911) 493 750
Interest expense 20,579 19,039 22,617
Interest income 0 0 (1)
Equity in the earnings of investees and rental income (2,361) (2,402) (2,459)
Income (loss) before (benefit) provision for corporate income taxes 6,807 (16,378) 19,691
(Benefit) provision for corporate income taxes (14,351) 52,611 7,367
Net income (loss) $ 21,158 $ (68,989) $ 12,324
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.86 $ (2.84) $ 0.51
Diluted (in dollars per share) $ 0.84 $ (2.84) $ 0.50
Weighted average number of shares used in calculating earnings (loss) per share:      
Basic (in shares) 24,630,898 24,266,407 24,031,533
Diluted (in shares) 25,114,057 24,266,407 24,736,961
Dividends declared per common share (in dollars per share) $ 0 $ 0.32 $ 0.16