Lifetime Fitness 2011 Annual Report Download - page 50

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44
LIFE TIME FITNESS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
REVENUE:
Membership dues
Enrollment fees
In-center revenue
Total center revenue
Other revenue
Total revenue
OPERATING EXPENSES:
Center operations
Advertising and marketing
General and administrative
Other operating
Depreciation and amortization
Total operating expenses
Income from operations
OTHER INCOME (EXPENSE):
Interest expense, net of interest income of $2, $43 and $399,
respectively
Equity in earnings of affiliate
Total other income (expense)
INCOME BEFORE INCOME TAXES
PROVISION FOR INCOME TAXES
NET INCOME
BASIC EARNINGS PER COMMON SHARE
DILUTED EARNINGS PER COMMON SHARE
WEIGHTED AVERAGE NUMBER OF COMMON SHARES
OUTSTANDING - BASIC
WEIGHTED AVERAGE NUMBER OF COMMON SHARES
OUTSTANDING - DILUTED
For the Year Ended December 31,
2011
(In thousands, except per share data)
$ 663,439
18,447
308,474
990,360
23,314
1,013,674
614,949
36,318
54,736
35,562
98,843
840,408
173,266
(20,138)
1,299
(18,839)
154,427
61,810
$ 92,617
$ 2.29
$ 2.26
40,358
40,930
2010
$ 603,231
24,426
266,426
894,083
18,761
912,844
561,070
27,098
48,060
23,544
92,313
752,085
160,759
(27,795)
1,176
(26,619)
134,140
53,448
$ 80,692
$ 2.03
$ 2.00
39,809
40,385
2009
$ 564,605
26,138
232,834
823,577
13,424
837,001
506,443
26,299
42,776
21,852
90,770
688,140
148,861
(30,338)
1,302
(29,036)
119,825
47,441
$ 72,384
$ 1.84
$ 1.82
39,297
39,870
See notes to consolidated financial statements.