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

115,962

115,496

118,704

116,598

113,481

110,173

112,329

107,111

-

98,641

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Club operations

-

-

-

-

-

-

-

-

-

-

98,392

97,671

94,502

96,846

99,406

99,806

99,321

102,119

106,741

109,888

108,271

110,956

114,164

114,480

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Club operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115,639

118,794

118,135

-

117,365

120,804

121,734

-

114,882

117,185

115,592

111,970

116,172

Fees and other

-

-

-

-

-

-

-

-

-

-

1,601

1,409

1,605

1,688

1,529

1,539

1,518

1,645

1,555

1,536

1,450

1,565

1,533

1,423

2,235

1,403

1,318

1,029

942

2,247

1,437

1,178

1,421

1,256

1,100

1,113

1,157

1,264

Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113,907

117,042

120,112

119,164

114,216

119,612

122,241

122,912

115,813

116,138

118,285

116,705

113,127

117,436

Revenues

-

-

-

-

-

-

-

-

-

-

99,993

99,080

-

98,534

100,935

101,345

-

103,764

108,296

111,424

-

112,521

115,697

115,903

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Expenses:
Payroll and related

45,099

44,976

45,547

45,323

44,337

42,108

42,396

39,474

34,097

37,072

37,058

37,385

33,827

37,643

38,173

39,386

40,012

42,889

46,137

46,860

43,680

43,994

44,762

44,573

42,908

43,433

44,005

44,548

45,339

43,654

45,280

47,359

43,889

43,286

45,101

45,252

44,409

48,605

Club operating

-

55,789

-

-

-

50,107

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Club operating

-

-

55,017

53,576

-

-

50,131

48,364

45,174

46,087

44,032

45,174

44,739

45,952

46,783

47,630

45,339

49,280

50,821

51,285

47,839

46,664

48,618

49,595

46,067

45,300

44,116

44,200

42,938

46,270

44,611

45,131

43,480

45,496

43,385

44,102

44,451

43,804

General and administrative

7,535

6,915

6,493

6,870

6,055

6,700

6,381

5,911

5,601

5,380

5,369

6,330

5,486

5,806

6,544

6,866

7,539

6,696

8,039

8,409

7,752

7,813

7,506

8,281

7,446

7,245

6,951

6,789

6,430

5,641

6,135

5,933

6,144

6,139

6,096

7,420

7,049

6,292

Depreciation and amortization

9,083

9,456

10,075

9,585

9,486

9,188

9,640

9,128

10,650

9,874

10,016

10,309

10,630

11,015

10,897

11,185

11,845

12,190

12,178

11,674

12,018

11,638

11,853

11,798

11,991

12,549

12,411

12,148

11,964

12,148

12,419

12,860

12,707

12,642

13,185

13,002

13,151

13,407

Impairment of fixed assets

-

7,189

-

-

-

2,082

-

-

-

6,497

-

-

-

742

-

-

0

12,420

1,014

1,137

56

0

890

3,623

-

439

128

-

-

239

-

-

-

-

-

-

-

2,865

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

31,558

-

0

0

0

137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance recovery related to damaged property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

694

2,500

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

116,400

124,325

117,132

115,354

108,965

110,185

108,548

102,877

95,522

104,910

96,475

99,198

94,682

101,158

102,397

105,067

24,622

123,475

149,747

119,365

111,345

110,109

113,629

118,007

108,559

108,272

105,111

107,685

109,868

107,952

108,445

111,283

106,220

107,563

107,767

109,776

109,060

114,973

Operating (loss) income

-438

-8,829

1,572

1,244

4,516

-12

3,781

4,234

9,806

-6,269

3,518

-118

1,425

-2,624

-1,462

-3,722

76,217

-19,711

-41,451

-7,941

-1,624

2,412

2,068

-2,104

5,348

8,770

15,001

11,479

4,348

11,660

13,796

11,629

9,593

8,575

10,518

6,929

4,067

2,463

Gain on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-604

38,497

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-1,010

-

-

-

-

-4,865

-

-

-

Interest expense

3,069

3,221

3,240

3,452

3,479

3,493

3,338

3,168

3,210

3,192

3,155

3,108

3,194

3,177

3,492

4,077

5,017

5,204

5,188

5,170

5,112

4,519

4,697

4,711

6,309

5,523

5,435

5,350

6,613

6,542

5,554

5,931

6,009

6,062

6,621

5,582

5,305

5,179

Interest income

9

12

16

28

6

46

45

36

42

36

0

0

-

2

-

-

-

0

-

-

-

-

-

-

0

0

0

1

0

25

8

10

12

45

19

71

41

17

Equity in the earnings of investees

93

58

93

55

82

79

78

105

116

77

48

92

41

55

89

57

600

571

579

611

582

580

639

601

616

594

640

609

609

632

632

588

558

578

611

644

499

518

Loss before provision (benefit) for corporate income taxes

-3,405

-11,980

-1,559

-2,125

1,125

-3,380

566

1,207

6,754

-9,348

411

-3,134

-1,728

-6,348

33,632

-7,742

89,711

-24,344

-46,060

-12,500

-6,647

-1,527

-1,990

-6,214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income before provision for corporate income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,841

10,206

6,739

-1,656

4,765

8,882

6,296

4,154

3,136

-338

2,062

-698

-2,181

Provision (benefit) for corporate income taxes

66

74

-2

74

-962

562

-35

78

-14,236

3,928

821

-199

-1,469

-842

12,899

-817

2,715

-2,338

-14,992

264

57,041

-660

-1,071

-2,699

-400

1,250

4,009

2,508

-1,203

1,613

3,465

2,446

904

1,194

72

529

-680

-1,366

Net loss including non-controlling interests

-3,471

-12,054

-1,557

-2,199

2,087

-3,942

601

1,129

-

-13,276

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: net loss attributable to non-controlling interests

-142

-321

-110

-150

-206

4

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-3,329

-11,733

-1,447

-2,049

2,293

-3,946

601

1,129

20,990

-13,276

-410

-2,935

-259

-5,506

20,733

-6,925

86,996

-22,006

-31,068

-12,764

-63,688

-867

-919

-3,515

-695

2,591

6,197

4,231

-453

3,152

5,417

3,850

3,250

1,942

-410

1,533

-18

-815

Loss per share:
Basic and diluted loss per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.28

-

-

-

-0.52

-

-0.04

-0.04

-0.15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-0.13

-0.44

-0.05

-0.08

0.09

-0.15

0.02

0.04

0.83

-0.53

-0.02

-0.11

-

-0.21

0.81

-

-

-0.89

-1.26

-

-

-

-

-

-0.04

0.11

0.26

0.18

-0.02

0.13

0.23

0.17

0.14

0.09

-0.02

0.07

0.00

-0.04

Diluted (in dollars per share)

-0.13

-0.44

-0.05

-0.08

0.09

-0.15

0.02

0.04

0.83

-0.53

-0.02

-0.11

-

-0.21

0.79

-

-

-0.89

-1.26

-

-

-

-

-

-0.03

0.10

0.25

0.18

-0.02

0.13

0.23

0.16

0.14

0.08

-0.02

0.07

0.00

-0.04

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,072

-

-

-

24,415

-

24,301

24,291

24,160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

26,770

26,592

26,580

26,443

26,031

25,849

25,844

25,709

23,824

25,245

25,238

26,610

-

25,748

25,638

-

-

24,654

24,590

-

-

-

-

-

24,106

24,101

24,042

23,875

23,752

23,581

23,293

23,118

22,967

22,834

22,799

22,710

22,646

22,625

Diluted (in shares)

26,770

26,592

26,580

26,443

26,258

25,849

26,584

26,316

26,701

25,245

25,238

26,610

-

25,748

26,165

-

-

24,654

24,590

-

-

-

-

-

25,421

24,720

24,632

24,172

24,411

24,186

24,019

23,840

24,365

23,457

22,799

23,073

22,646

22,625

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.16

0.16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-3,329

-11,733

-1,447

-2,049

2,293

-3,946

601

1,129

20,990

-13,276

-410

-2,935

-

-5,506

20,733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

-815

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

596

-85

Comprehensive (loss) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

578

-900

Club operations
Revenues

114,303

113,864

117,027

115,140

111,926

108,709

111,047

105,675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fees and other
Revenues

1,659

1,632

1,677

1,458

1,555

1,464

1,282

1,436

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-