Lifetime Fitness 2010 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 2010 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

24
In August 2009, Foss Swim School, Inc. filed an action against Life Time Fitness, Inc. and its subsidiary, LTF Club
Operations Company, Inc., in district court in Hennepin County, Minnesota seeking monetary damages and
injunctive relief relating to our prior relationship with The Foss Swim School and subsequent development of our
USwim program. We settled the litigation in December 2010 and it did not have a material effect on our
consolidated financial statements.
Item 4. [REMOVED AND RESERVED]
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchaser
of Equity Securities.
Market Information
Our common stock is listed on the New York Stock Exchange (“NYSE”) under the symbol LTM. The following
table sets forth, for the periods indicated, the high and low sales prices as reported by the NYSE.
High Low
Fiscal Year Ended December 31, 2009:
First Quarter (January 1, 2009 – March 31, 2009) ................................................................... $16.73 $ 7.07
Second Quarter (April 1, 2009 – June 30, 2009) ...................................................................... 21.59 12.01
Third Quarter (July 1, 2009 – September 30, 2009) ................................................................. 32.05 16.66
Fourth Quarter (October 1, 2009 – December 31, 2009) ......................................................... 31.38 21.29
Fiscal Year Ended December 31, 2010:
First Quarter (January 1, 2010 – March 31, 2010) ................................................................... $30.13 $22.05
Second Quarter (April 1, 2010 – June 30, 2010) ...................................................................... 40.72 28.17
Third Quarter (July 1, 2010 – September 30, 2010) ................................................................. 40.63 30.39
Fourth Quarter (October 1, 2010 – December 31, 2010) ......................................................... 42.99 35.22
Holders
As of February 16, 2011, the number of record holders of our common stock was approximately 368, consisting of
19 record holders with our transfer agent and approximately 349 employees granted restricted stock by the
Company.
Performance Graph
The following graph compares the annual change in the cumulative total shareholder return on our common stock
from December 30, 2005 through December 31, 2010 with the cumulative total return on the NYSE Composite
Index and Russell 2000 Index. The comparison assumes $100 was invested on December 30, 2005 in Life Time
Fitness common stock and in each of the foregoing indices and assumes that dividends were reinvested when and as
paid. We have not declared dividends on our common stock. You should not consider shareholder return over the
indicated period to be indicative of future shareholder returns.