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TOWN SPORTS INTERNATIONAL HOLDINGS INC (CLUBQ)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Revenues  466.8443.1403.0396.9424.3453.8470.2479.0
            Revenues growth  5.3%9.9%1.5%-6.5%-6.5%-3.5%-1.8%2.6%
Operating Expenses:          
Payroll and related  180.9168.3145.6149.0175.9177.0174.9181.6
Club operating  219.1197.7180.5185.1196.7192.7179.7179.0
General and administrative  27.825.022.724.730.731.428.424.1
Depreciation and amortization  38.237.440.843.747.947.349.149.4
Impairment of fixed assets  7.22.16.50.714.64.60.73.4
    Total operating expenses  473.2430.6396.1403.3837.4453.1862.4437.5
    Operating (loss) income  -6.512.56.9-6.47.10.840.641.4
            Operating margin  -1.4%2.8%1.7%-1.6%1.7%0.2%8.6%8.7%
Interest expense  -13.0-13.5-12.7-13.9-20.6-19.0-22.6-24.6
Interest income  -0.1-0.1-0.10.0  0.00.0
Equity in the earnings of investees  -0.3-0.3      
    Loss before (benefit) provision for corporate income taxes  -19.1-0.5-5.317.86.8-16.419.7 
(Benefit) provision for corporate income taxes  0.2-0.4-9.79.8-14.452.67.46.3
Net loss including non-controlling interests  -19.3-0.14.4     
Less: net loss attributable to non-controlling interests  -0.7-0.2      
    Net loss attributable to Town Sports International Holdings, Inc. and subsidiaries  -18.60.14.48.021.2-69.012.312.0
   
Loss per share:          
Basic (in dollars per share)  ($0.70) $0.17$0.31$0.86($2.84)$0.51$0.51
Diluted (in dollars per share)  ($0.70) $0.17$0.31$0.84($2.84)$0.50$0.50
   
Weighted average number of shares used in calculating loss per share:          
Basic (in shares)  26.625.925.225.624.624.324.023.4
Diluted (in shares)  26.626.325.926.125.124.324.724.1

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