Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Total revenue $ 596,717 $ 510,851
Operating expenses:    
Rent 72,282 66,537
General, administrative and marketing 48,853 42,497
Depreciation and amortization 65,903 58,197
Other operating expense 15,722 2,127
Total operating expenses 524,660 443,467
Income from operations 72,057 67,384
Other (expense) income:    
Interest expense, net of interest income (37,403) (31,195)
Equity in earnings of affiliates 177 143
Total other expense (37,226) (31,052)
Income before income taxes 34,831 36,332
Provision for income taxes 9,914 8,872
Net income $ 24,917 $ 27,460
Income per common share:    
Basic (in usd per share) $ 0.13 $ 0.14
Diluted (in usd per share) $ 0.12 $ 0.14
Weighted-average common shares outstanding:    
Basic (in shares) 197,498 194,572
Diluted (in shares) 202,756 202,855
Center revenue    
Revenue:    
Total revenue $ 580,485 $ 497,752
Operating expenses:    
Center operations 321,900 274,109
Other revenue    
Revenue:    
Total revenue $ 16,232 $ 13,099