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Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)
 
2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 (b)
 
(c)
 
 
Net revenue
$
101,345

 
$
100,935

 
$
98,534

 
$
96,107

Operating (loss) income
(3,722
)
 
(1,462
)
 
(2,624
)
 
1,425

Net (loss) income
(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
)
 
2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 (d)
 
(e)
 
(f)
Net revenue
$
111,424

 
$
108,296

 
$
103,764

 
$
100,839

Operating (loss) income
(7,941
)
 
(41,451
)
 
(19,711
)
 
76,217

Net (loss) earnings
(12,764
)
 
(31,068
)
 
(22,006
)
 
86,996

(Loss) earnings per share (a)
 
 
 
 
 
 
 
Basic
$
(0.52
)
 
$
(1.26
)
 
$
(0.89
)
 
$
3.50

Diluted
$
(0.52
)
 
$
(1.26
)
 
$
(0.89
)
 
$
3.47



(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 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.
(c)
In the third quarter of 2016, the Company recorded a pre-tax non-cash fixed asset impairment charge of $742 related to underperforming clubs.
(d)
In the second quarter of 2015, the Company recorded a pre-tax non-cash goodwill impairment charge of $31,558 associated with the NYSC and BSC regions and a pre-tax non-cash fixed asset impairment charge of $1,014 related to underperforming clubs.
(e)
In the third quarter of 2015, the Company recorded a pre-tax non-cash fixed asset impairment charge of $12,420 related to underperforming clubs.
(f)
In the fourth quarter of 2015, the Company recorded a pre-tax gain on sale of building of $77,146 related to the sale of the property on East 86th Street. The Company also recorded a pre-tax gain on extinguishment of debt of $17,911 in connection with the purchase of $29,829 of its debt. In addition, the Company recorded a pre-tax gain on lease termination of $2,967 related to the termination of a lease for a planned club opening that was not yet effective.