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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Club operations $ 390,560 $ 418,069 $ 447,871
Fees and other 6,361 6,254 5,971
Total revenue 396,921 424,323 453,842
Operating Expenses:      
Payroll and related 149,029 175,898 177,009
Club operating 185,104 196,725 192,716
General and administrative 24,702 30,683 31,352
Depreciation and amortization 43,727 47,887 47,307
Impairment of fixed assets 742 14,571 4,569
Impairment of goodwill 0 31,558 137
Gain on sale of building 0 (77,146) 0
Gain on lease termination 0 (2,967) 0
Total operating expenses 403,304 417,209 453,090
Operating (loss) income (6,383) 7,114 752
(Gain) loss on extinguishment of debt (37,893) (17,911) 493
Interest expense 13,940 20,579 19,039
Interest income (2) 0 0
Equity in the earnings of investees and rental income (242) (2,361) (2,402)
Income (loss) before provision (benefit) for corporate income taxes 17,814 6,807 (16,378)
Provision (benefit) for corporate income taxes 9,771 (14,351) 52,611
Net income (loss) $ 8,043 $ 21,158 $ (68,989)
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.31 $ 0.86 $ (2.84)
Diluted (in dollars per share) $ 0.31 $ 0.84 $ (2.84)
Weighted average number of shares used in calculating earnings (loss) per share:      
Basic (in shares) 25,568,371 24,630,898 24,266,407
Diluted (in shares) 26,074,735 25,114,057 24,266,407
Dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0.32