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TOWN SPORTS INTERNATIONAL HOLDINGS INC (CLUBQ)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-20Dec-31-19Sep-30-19Jun-30-19Mar-31-19Dec-31-18Sep-30-18Jun-30-18
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Revenues:          
Revenues  448.2466.8464.3459.0452.6443.1434.9423.4
            Revenues growth  -1.0%5.3%6.7%8.4%10.1%9.9%10.4%7.5%
Operating Expenses:          
Payroll and related  176.9180.9180.2177.3174.2168.3158.1153.0
Club operating  219.7219.1213.5207.8202.9197.7193.8189.8
General and administrative  30.127.826.326.126.025.024.623.3
Depreciation and amortization  37.338.238.638.337.937.438.639.3
Impairment of fixed assets  54.0 7.2   2.1 
Impairment of intangible assets  17.4       
    Total operating expenses  598.3473.2465.8451.6443.1430.6417.1411.9
    Operating (loss) income  -150.1-6.5-1.57.39.512.517.811.6
            Operating margin  -33.5%-1.4%-0.3%1.6%2.1%2.8%4.1%2.7%
Interest expense  -12.5-13.0-13.4-13.7-13.8-13.5-13.2-12.9
Interest income  0.0-0.1-0.1-0.1-0.1-0.1-0.2-0.2
Equity in the earnings of investees  -0.3-0.3-0.3-0.3-0.3-0.2-0.2-0.2
    Loss before (benefit) provision for corporate income taxes  -162.3-19.1-14.5-5.9-3.8-0.55.1-0.8
(Benefit) provision for corporate income taxes  -8.50.2-0.8-0.3-0.4-0.4-13.6-10.3
Net loss including non-controlling interests  -153.8-19.3-13.7-5.6-3.5-0.118.89.4
Less: net loss attributable to non-controlling interests  -1.0-0.7-0.8-0.5-0.4-0.20.0 
    Net loss attributable to Town Sports International Holdings, Inc. and subsidiaries  -152.8-18.6-12.9-5.1-3.10.118.89.4
   
Loss per share:          
Basic (in dollars per share)  ($5.60)($0.70)($0.48)($0.19)($0.12)$0.00$0.74$0.36
Diluted (in dollars per share)  ($5.60)($0.70)($0.48)($0.19)($0.12)$0.00$0.74$0.36
   
Weighted average number of shares used in calculating loss per share:          
Basic (in shares)  26.826.626.426.226.025.825.725.5
Diluted (in shares)  26.826.626.526.326.326.326.226.0

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