Lifetime Fitness 2007 Annual Report Download - page 26

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20
Location Center Format Square Feet (1) Date Opened (2)
28 Rochester Hills, MI Large/Current 108,890 Nov-02
27 Canton Township, MI Large/Current 105,010 Sep-02
26 Old Orchard (Skokie), IL Large/Current 108,890 Aug-02
25 Savage, MN Large 80,853 Jun-02
24 Burr Ridge, IL Large/Current 105,562 Feb-02
23 Champlin, MN Large 61,948 Oct-01
22 Fairfax City, VA Large 67,467 Oct-01
21 Orland Park, IL Large/Current 108,890 Aug-01
20 Algonquin, IL Large/Current 108,890 Apr-01
19 Bloomingdale, IL (3) Large/Current 108,890 Feb-01
18 Warrenville, IL Large/Current 114,993 Jan-01
17 Schaumburg, IL Large/Current 108,890 Oct-00
16 Minneapolis, MN (center and restaurant) Other 72,547 Jul-00
15 Shelby, MI Large 101,680 Mar-00
14 Centreville, VA Large 90,956 Jan-00
13 Novi, MI Large 90,956 Oct-99
12 Indianapolis, IN Large 90,956 Aug-99
11 Columbus, OH Large 98,047 Jul-99
10 Apple Valley, MN Other 10,375 Jun-99
9 Troy, MI Large 93,579 Jan-99
8 St. Paul, MN Other 85,630 Dec-97
7 Plymouth, MN Large 109,558 Jun-97
6 Bloomington, MN Other 47,307 Nov-96
5 Coon Rapids, MN Other 90,262 May-96
4 Highland Park, MN Other 25,827 Nov-95
3 Roseville, MN Other 14,000 Sep-95
2 Woodbury, MN Large 73,050 Sep-95
1 Eagan, MN Large 64,415 Sep-94
(1) In a few of our centers, we sublease space to third parties who operate our cafe, pro shop, salon or climbing
wall or to hospitals that use the space to provide physical therapy. The square footage figures include those
subleased areas. The square footage figures exclude areas used for tennis courts and outdoor swimming pools.
These figures are approximations.
(2) For acquired centers, date opened is the date we assumed operations of the center.
(3) This center is a joint venture in which we have a one-third interest.
Item 3. Legal Proceedings.
We may be subject to litigation from time to time incidental to the normal course of our business. Due to their
nature, such legal proceedings involve inherent uncertainties, including but not limited to, court rulings, negotiations
between affected parties and governmental intervention. We have established reserves for matters that are probable
and estimable in amounts we believe are adequate to cover reasonable adverse judgments not covered by insurance.
Based upon the information available to us and discussions with legal counsel, it is our opinion that the outcome of
the various legal actions and claims that are incidental to the our business will not have a material adverse impact on
our consolidated financial position, results of operations or cash flows; however, such matters are subject to many
uncertainties, and the outcome of individual matters are not predictable with assurance.