Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue:      
Total revenue $ 1,318,053 $ 948,379 $ 1,900,371
Operating expenses:      
Rent 209,823 186,257 165,965
General, administrative and marketing 480,543 149,898 227,684
Depreciation and amortization 235,124 247,693 220,468
Other operating 43,653 63,634 76,842
Total operating expenses 1,813,241 1,307,528 1,732,092
(Loss) income from operations (495,188) (359,149) 168,279
Other (expense) income:      
Interest expense, net of interest income (224,516) (128,394) (128,955)
Equity in (loss) earnings of affiliate (9) (187) 805
Total other expense (224,525) (128,581) (128,150)
(Loss) income before income taxes (719,713) (487,730) 40,129
(Benefit from) provision for income taxes (140,344) (127,538) 10,080
Net (loss) income (579,369) (360,192) 30,049
Less: Net income attributable to noncontrolling interest 0 0 24
Net (loss) income attributable to Life Time Group Holdings, Inc. $ (579,369) $ (360,192) $ 30,025
(Loss) earnings per common share - basic (in usd per share) $ (3.73) $ (2.48) $ 0.22
(Loss) earnings per common share - diluted (in usd per share) $ (3.73) $ (2.48) $ 0.22
Weighted-average common shares outstanding - basic (in shares) 155,470 145,137 139,405
Weighted-average common shares outstanding - diluted (in shares) 155,470 145,137 139,405
Center      
Revenue:      
Total revenue $ 1,286,634 $ 929,966 $ 1,851,345
Operating expenses:      
Operations 844,098 660,046 1,041,133
Other      
Revenue:      
Total revenue $ 31,419 $ 18,413 $ 49,026