Lifetime Fitness 2013 Annual Report Download - page 15

Download and view the complete annual report

Please find page 15 of the 2013 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 96

  • 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
  • 93
  • 94
  • 95
  • 96

9
The following table compares our different Access membership plans as of December 31, 2013:
Bronze Gold Platinum Onyx Diamond
Fitness, Outstanding Exceptional Premium
Value and fun and club service benefits, value
affordability relaxation amenities and luxury and privileges
Number of centers 14 55 12 16 11
Enrollment fee $0-105 $0-115 $0-115 $0-145 $0-165
Individual dues $45-55 $55-80 $80-90 $100-120 $130-160
Family dues (1) $95-140 $140-180 $190-200 $200-260 $285-340
Center access All Bronze
centers
(14)
All Bronze and
Gold centers
(69)
All Bronze,
Gold and
Platinum
centers
(81)
All Bronze,
Gold, Platinum
and Onyx
centers
(97)
All centers
(108)
(1) Does not include the cost of junior memberships or Life Time Kids Academy memberships.
From time to time we change a club's designation, for example, from Bronze to Gold. Our clubs by membership
type are as follows:
December 31,
2013 2012 2011 2010 2009
Life Time Fitness centers
Bronze 14 18 20 10 11
Gold 55 51 49 51 47
Platinum 12 16 15 14 16
Total Life Time Fitness centers 81 85 84 75 74
Life Time Athletic centers
Onyx 16 11 9 9 10
Diamond 11 9 8 5
Total Life Time Athletic centers 27 20 17 14 10
Total centers 108 105 101 89 84
Non-Access Memberships and Other Subscription Plans. Non-access memberships are $10 to $20 per month,
whether an individual, couple or a family. Non-access members continue to have online access to myLT.com, which
includes Member Advantage and interest-area content, a subscription to Experience Life® magazine and the ability
to resume Access membership without paying enrollment fees. We also offer a Non-Access membership to non-
members and to members who choose to “freeze” rather than terminate their Access membership with us. In the
future, we may develop and implement other membership or subscription plans that will not have full access to the
centers. These types of memberships will be included in this category of Non-Access and other subscription plans.