Planet fitness, inc. (PLNT)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Sep'14
Revenue:
Revenue

127,231

191,510

166,815

181,661

148,817

174,359

136,656

140,550

121,333

134,028

97,496

107,316

91,102

116,419

87,007

91,472

83,343

105,845

68,817

78,953

76,922

63,467

Operating costs and expenses:
Cost of revenue

21,846

59,378

46,194

54,391

34,486

62,531

36,871

36,744

26,500

50,871

25,819

31,452

21,124

44,952

25,925

27,801

23,639

43,388

18,858

25,300

25,946

20,163

Store operations

26,157

22,745

22,295

20,163

20,905

19,851

18,751

18,047

18,356

15,318

15,551

14,604

15,184

14,448

15,181

15,760

14,732

14,131

14,305

14,708

14,341

12,494

Selling, general and administrative

16,953

20,872

20,928

18,864

18,154

20,380

17,233

17,210

17,623

17,710

14,071

14,768

13,820

13,538

12,244

12,381

11,845

11,733

17,348

12,354

14,138

8,582

National advertising fund expense

15,205

-

12,652

-

11,812

-

11,377

-

10,461

0

0

0

0

-

-

-

-

-

-

-

-

-

Depreciation and amortization

12,792

12,030

11,832

10,577

9,907

9,313

8,863

8,619

8,465

7,779

8,137

7,894

7,951

8,376

7,745

7,678

7,703

7,998

7,976

7,983

8,201

8,542

Other loss

-11

-1,747

147

122

-368

81

12

39

-1,010

-73

36

-348

32

963

241

-21

186

197

9

61

6

269

Total operating costs and expenses

92,964

129,939

113,754

116,395

95,632

121,617

93,083

91,739

82,415

91,751

63,542

69,066

58,047

80,351

60,854

63,641

57,733

77,053

58,478

60,284

62,620

49,512

Income from operations

34,267

61,571

53,061

65,266

53,185

52,742

43,573

48,811

38,918

42,277

33,954

38,250

33,055

36,068

26,153

27,831

25,610

28,792

10,339

18,669

14,302

13,955

Other expense, net:
Interest income

1,927

1,468

1,808

1,979

1,798

2,201

2,025

418

37

-

18

-

-

-

-

-

-

-

-

-

-

-

Interest expense

20,240

16,660

14,807

14,636

14,749

15,020

17,909

9,046

8,771

44,190

8,938

-9,028

-8,763

45,965

-6,291

-6,161

-6,367

-6,677

-6,556

-6,560

-4,756

-5,097

Other expense

-687

-1,284

-61

-1,444

-3,318

-5,838

-27

-502

192

316,771

408

-933

682

1,342

-204

-160

393

2,352

-1,815

-76

-736

447

Total other expense, net

-19,000

-16,476

-13,060

-14,101

-16,269

-18,657

-15,911

-9,130

-8,542

308,199

-8,512

-9,961

-8,081

-6,964

-6,495

-6,321

-5,974

-4,325

-8,371

-6,636

-5,492

-5,544

Income before income taxes

15,267

45,095

40,001

51,165

36,916

34,085

27,662

39,681

30,376

350,476

25,442

28,289

24,974

29,104

19,658

21,510

19,636

24,467

1,968

12,033

8,810

8,411

Provision for income taxes

4,884

10,840

10,309

11,338

5,277

5,306

7,190

9,263

6,883

349,647

6,540

10,285

7,108

7,156

4,795

3,419

3,291

7,227

1,230

419

272

108

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

10,383

34,255

29,692

39,827

31,639

28,779

20,472

30,418

23,493

829

18,902

18,004

17,866

21,948

14,863

18,091

16,345

17,240

738

11,614

8,538

8,303

Net Income (Loss) Attributable to Noncontrolling Interest

1,776

4,590

3,915

4,983

4,230

3,983

3,001

4,544

3,613

4,282

3,557

5,592

9,024

11,373

11,438

13,959

12,977

14,755

4,631

113

113

176

Net income attributable to Planet Fitness, Inc.

8,607

29,665

25,777

34,844

27,409

24,796

17,471

25,874

19,880

-3,453

15,345

12,412

8,842

10,575

3,425

4,132

3,368

2,485

-3,893

11,501

8,425

8,127

Franchise
Revenue

48,910

58,515

53,443

58,225

52,956

45,738

41,997

45,417

42,162

37,498

31,413

32,791

30,281

27,331

23,046

25,506

21,491

19,956

16,148

18,691

16,967

13,009

Commission income
Revenue

390

1,615

614

1,065

994

1,620

1,448

1,575

1,989

2,504

4,149

5,003

6,516

4,776

4,179

3,973

6,186

4,699

3,646

3,188

4,790

2,771

National advertising fund revenue
Revenue

9,229

13,169

12,652

12,522

11,812

9,198

11,377

11,158

10,461

0

0

0

0

-

-

-

-

-

-

-

-

-

Corporate-owned stores
Revenue

40,516

41,216

40,742

39,695

38,044

36,233

35,406

34,252

32,708

28,228

28,560

28,285

27,041

25,966

26,675

26,383

25,697

24,716

25,153

24,975

23,546

22,692

Equipment
Revenue

28,186

76,995

59,364

70,154

45,011

81,570

46,428

48,148

34,013

65,798

33,374

41,237

27,264

58,346

33,107

35,610

29,969

56,474

23,870

32,099

31,619

24,995

National advertising fund
Cost of revenue

-

-

-

12,522

-

-

-

11,158

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class A Common Stock
Earnings Per Share, Basic

0.11

0.37

0.31

0.41

0.33

0.28

0.20

0.30

0.23

-0.06

0.18

0.16

0.14

-

-

-

-

-

-

-

-

-

Earnings Per Share, Diluted

0.11

0.37

0.31

0.41

0.32

0.28

0.20

0.29

0.23

-0.06

0.18

0.16

0.14

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

79,098

80,800

83,157

84,142

83,805

85,765

88,047

87,693

87,434

86,703

85,663

79,154

64,121

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

79,723

81,409

83,806

84,835

84,425

86,438

88,457

88,105

87,698

86,808

85,734

79,193

64,150

-

-

-

-

-

-

-

-

-