Lifetime Fitness 2008 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2008 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

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
$54.3
$94.5
$136.7
$195.2
$769.6
$256.9
$312.0
$390.1
$511.9
$655.8
Other Revenue
Enrollment Fees
In-Center Revenue
Membership Dues
$80.4
$108.0
$125.9
$142.2
2004 2005 2006 2007 2008
299
358
444
499
MEMBERSHIPS CASH FLOW FROM
OPERATIONS
(in thousands)
(in millions)
567
$183.1
$0.87
$1.13
$1.37
$1.78
$28.9
$41.2
$50.6
$68.0
NET INCOME EPS (Diluted)
(in millions)
$71.8
$1.83
2004 2005 2006 2007 2008
2004 2005 2006 2007 2008
2004 2005 2006 2007 2008
We operate distinctive and large, multiuse sports and athletic, professional fitness, family recreation and spa centers
in a resort-like environment 24 hours a day, seven days a week. We aim to deliver programs, services and products
that help members lead a healthy way of life and achieve their fitness goals. In 2008, we grew to more than 567,000
memberships and, as of March 2, 2009, we have 83 centers in 18 states. Founded in 1992, we are headquartered in
Chanhassen, Minnesota, and employed approximately 16,700 team members at the end of 2008.
PERFORMANCE HIGHLIGHTS
5-YEAR GROWTH
10-YEAR REVENUE PERFORMANCE
(in millions)