LIFE TIME FITNESS, INC. LTM Income Statement

Life time fitness, inc. (LTM)

Income statement / TTM

Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue:
Membership dues
821,714	810,707	800,211	787,635	777,287	766,846	756,510	748,421	738,500	727,596	714,842	698,778	680,896	663,439	646,429	630,213	616,079	603,231	598,164	585,717	0	0	0
Enrollment fees
12,013	12,224	12,602	13,114	13,668	13,941	14,171	14,432	14,788	15,346	15,899	16,443	17,200	18,447	20,139	21,814	23,303	24,426	25,194	25,656	0	0	0
In-center revenue
419,111	410,953	399,737	389,035	381,951	375,517	369,468	362,777	355,620	348,265	339,022	329,220	319,401	308,474	297,713	286,425	274,583	266,426	262,571	253,368	0	0	0
Total center revenue
1,252,838	1,233,884	1,212,550	1,189,784	1,172,906	1,156,304	1,140,149	1,125,630	1,108,908	1,091,207	1,069,763	1,044,441	1,017,497	990,360	964,281	938,452	913,965	894,083	885,929	864,741	0	0	0
Other revenue
56,959	56,736	53,852	55,784	54,206	49,600	50,040	43,421	40,339	35,740	32,775	28,645	23,979	23,314	22,152	20,872	19,753	18,761	17,562	12,987	0	0	0
Total revenue
1,309,797	1,290,620	1,266,402	1,245,568	1,227,112	1,205,904	1,190,189	1,169,051	1,149,247	1,126,947	1,102,538	1,073,086	1,041,476	1,013,674	986,433	959,324	933,718	912,844	903,491	877,728	0	0	0
Operating expenses:
Center operations
756,258	744,343	730,469	717,868	700,661	689,246	679,325	668,415	658,171	648,924	646,226	636,012	626,112	614,949	601,643	587,541	573,038	561,070	552,408	536,074	0	0	0
Advertising and marketing
46,378	42,853	44,049	44,196	44,092	42,712	41,406	40,474	40,534	39,931	38,689	38,803	38,111	36,318	34,658	31,983	28,889	27,098	24,696	24,522	0	0	0
General and administrative
63,606	63,112	59,667	58,277	59,494	58,986	60,125	59,225	57,368	55,715	58,619	57,532	55,788	54,736	52,761	50,780	50,011	48,060	42,275	43,507	0	0	0
Other operating
67,876	67,020	63,662	67,337	66,185	64,558	63,622	59,234	56,770	52,327	47,408	42,709	37,961	35,562	29,795	27,692	25,228	23,544	25,163	22,761	0	0	0
Depreciation and amortization
149,811	143,931	136,578	129,880	125,437	121,843	121,905	121,345	120,189	117,887	110,415	106,377	102,179	98,843	96,573	94,617	93,172	92,313	92,813	92,046	0	0	0
Total operating expenses
1,083,929	1,061,259	1,034,425	1,017,558	995,869	977,345	966,383	948,693	933,032	914,784	901,357	881,433	860,151	840,408	815,430	792,613	770,338	752,085	737,355	718,910	0	0	0
Income from operations
225,868	229,361	231,977	228,010	231,243	228,559	223,806	220,358	216,215	212,163	201,181	191,653	181,325	173,266	171,003	166,711	163,380	160,759	166,136	158,818	0	0	0
Other income (expense):
Interest expense, net of interest income
-44,340	-42,296	-39,403	-36,011	-33,793	-30,800	-30,364	-30,438	-30,549	-30,697	-24,197	-22,759	-20,911	-20,138	-37,456	-39,176	-41,396	-27,795	2,039	16,711	0	0	0
Equity in earnings of affiliate
1,004	1,056	1,118	1,242	1,350	1,399	1,442	1,438	1,455	1,482	1,469	1,440	1,371	1,299	1,243	1,199	1,176	1,176	1,222	1,252	0	0	0
Total other expense
-43,336	-41,240	-38,285	-34,769	-32,443	-29,401	-28,922	-29,000	-29,094	-29,215	-22,728	-21,319	-19,540	-18,839	-20,019	-21,783	-24,026	-26,619	-28,235	-29,293	0	0	0
Income before income taxes
182,532	188,121	193,692	193,241	198,800	199,158	194,884	191,358	187,121	182,948	178,453	170,334	161,785	154,427	150,984	144,928	139,354	134,140	137,901	129,525	0	0	0
Provision for income taxes
71,696	73,751	76,047	75,611	77,787	78,181	76,561	75,277	73,935	72,191	70,502	67,536	64,332	61,810	60,616	58,173	55,662	53,448	54,170	50,912	0	0	0
Net income
110,836	114,370	117,645	117,630	121,013	120,977	118,323	116,081	113,186	110,757	107,951	102,798	97,453	92,617	90,368	86,755	83,692	80,692	83,731	78,613	0	0	0
Basic earnings per common share
0.65	0.59	0.91	0.76	0.69	0.62	0.83	0.80	0.68	0.56	0.77	0.73	0.62	0.48	0.67	0.62	0.52	0.44	0.59	0.55	0.45	0.52	0.46
Diluted earnings per common share
0.65	0.58	0.91	0.76	0.69	0.62	0.83	0.80	0.67	0.52	0.77	0.73	0.62	0.48	0.66	0.61	0.51	0.46	0.57	0.53	0.44	0.51	0.46
Weighted average number of common shares outstanding basic (shares)
37,812	37,686	37,755	39,128	40,603	40,994	41,307	41,456	41,295	41,260	41,484	41,462	41,174	40,268	40,421	40,381	40,362	39,673	39,932	39,885	39,746	39,410	39,285
Weighted average number of common shares outstanding diluted (shares)
37,899	37,674	37,913	39,255	40,870	41,010	41,613	41,659	41,646	42,582	41,881	41,750	41,675	41,132	40,868	40,771	40,949	38,346	41,260	41,154	40,780	40,255	39,763