Lifetime Fitness 2009 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2009 Lifetime Fitness annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Other Revenue
Enrollment Fees
In-Center Revenue
Membership Dues
$94.5 $136.7
$195.2
$769.6
$256.9
$312.0
$390.1
$511.9
$655.8
$837.0
$108.0
$125.9
$142.2
$183.1
2005 2006 2007 20088 2009
358
444
499
567
MEMBERSHIPS CASH FLOW FROM
OPERATIONS
(in thousands)
(in millions)
578 $186.2
$1.13
$1.37
$1.78
$41.2
$50.6
$68.0 $71.8
NET INCOME EPS (Diluted)
(in millions)
$72.4
$1.82
2005 2006 2007 2008 2009
2005 2006 2007 2008 2009
2005 2006 2007 2008 2009
$1.83
We operate distinctive and large, multiuse sports, fitness, family recreation and spa centers in a resort-like environment –
24 hours a day, seven days a week. We aim to connect and engage our members to the best-in-class programs, services
and products that help them to successfully lead a healthy way of life while achieving their fitness goals and objectives.
In 2009, we grew to more than 578,000 memberships and, as of February 26, 2010, we operated 86 centers in
19 states. Founded in 1992, we are headquartered in Chanhassen, Minnesota, and employed approximately 17,500
team members at the end of 2009.
PERFORMANCE HIGHLIGHTS
5-YEAR PERFORMANCE
10-YEAR REVENUE PERFORMANCE
(in millions)