Town sports international holdings inc (CLUB)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues

466,760

443,094

403,042

-

-

-

-

-

-

-

-

Club operations

-

-

-

390,560

418,069

447,871

464,240

473,177

462,051

457,626

-

Club operations

-

-

-

-

-

-

-

-

-

-

480,731

Fees and other

-

-

-

6,361

6,254

5,971

5,985

5,804

4,890

4,761

4,661

Total revenue

-

-

-

396,921

424,323

453,842

470,225

478,981

466,941

462,387

485,392

Operating Expenses:
Payroll and related

180,945

168,315

145,612

149,029

175,898

177,009

174,894

181,632

177,528

185,583

193,891

Club operating

219,065

197,689

180,467

185,104

196,725

192,716

179,683

178,950

176,463

174,135

178,854

General and administrative

27,813

25,047

22,680

24,702

30,683

31,352

28,431

24,139

25,799

28,773

31,587

Depreciation and amortization

38,199

37,442

40,849

43,727

47,887

47,307

49,099

49,391

51,536

52,202

56,533

Impairment of fixed assets

7,189

2,082

6,497

742

14,571

4,569

714

3,436

-

3,254

6,708

Impairment of goodwill

-

-

-

0

31,558

137

0

0

-

-

-

Gain on sale of building

-

-

-

0

77,146

0

0

-

-

-

-

Gain on lease termination

-

-

-

0

2,967

0

0

-

-

-

-

Insurance recovery related to damaged property

-

-

-

-

-

-

3,194

0

-

-

-

Impairment of internal-use software

-

-

-

-

-

-

-

-

-

-

10,194

Total operating expenses

473,211

430,575

396,105

403,304

417,209

453,090

429,627

437,548

431,326

443,947

477,767

Operating (loss) income

-6,451

12,519

6,937

-6,383

7,114

752

40,598

41,433

35,615

18,440

7,625

Gain on extinguishment of debt

-

-

-

37,893

17,911

-493

-750

-1,010

-4,865

-

-

Interest expense

12,982

13,478

12,665

13,940

20,579

19,039

22,617

24,640

24,274

21,158

20,972

Interest income

65

133

78

2

0

0

1

43

147

145

3

Equity in the earnings of investees

299

344

333

242

2,361

2,402

2,459

2,461

2,391

2,139

1,876

Loss before provision (benefit) for corporate income taxes

-19,069

-482

-5,317

17,814

6,807

-16,378

19,691

-

-

-

-

(Loss) income before provision for corporate income taxes

-

-

-

-

-

-

-

18,287

9,014

-434

-11,468

Provision (benefit) for corporate income taxes

212

-357

-9,686

9,771

-14,351

52,611

7,367

6,321

2,699

-144

-5,800

Net loss including non-controlling interests

-19,281

-125

4,369

-

-

-

-

-

-

-

-

Less: net loss attributable to non-controlling interests

-723

-202

0

-

-

-

-

-

-

-

-

Net (loss) income attributable to Town Sports International Holdings, Inc. and subsidiaries

-18,558

77

4,369

8,043

21,158

-68,989

12,324

11,966

6,315

-290

-5,668

Loss per share:
Basic (in dollars per share)

-0.70

0.00

0.17

0.31

0.86

-2.84

0.51

0.51

0.28

-0.01

-0.25

Diluted (in dollars per share)

-0.70

0.00

0.17

0.31

0.84

-2.84

0.50

0.50

0.27

-0.01

-0.25

Weighted average number of shares used in calculating loss per share:
Basic (in shares)

26,596

25,858

25,229

25,568

24,630

24,266

24,031

23,436

22,828

22,634

22,720

Diluted (in shares)

26,596

26,252

25,948

26,074

25,114

24,266

24,736

24,114

23,423

22,634

22,720

Dividends declared per common share (in dollars per share)

-

-

-

-

-

0.32

0.16

3.00

-

-

-

Net income (loss)

-18,558

77

4,369

8,043

21,158

-

-

-

-

-

-

Club operations
Revenues

460,334

437,357

397,166

-

-

-

-

-

-

-

-

Fees and other
Revenues

6,426

5,737

5,876

-

-

-

-

-

-

-

-