Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Total revenue $ 510,851 $ 392,254
Operating expenses:    
Rent 66,537 55,964
General, administrative and marketing 42,497 66,561
Depreciation and amortization 58,197 58,107
Other operating expense (income) 2,127 (17,035)
Total operating expenses 443,467 403,170
Income (loss) from operations 67,384 (10,916)
Other (expense) income:    
Interest expense, net of interest income (31,195) (29,943)
Equity in earnings of affiliate 143 26
Total other expense (31,052) (29,917)
Income (loss) before income taxes 36,332 (40,833)
Provision for (benefit from) income taxes 8,872 (2,867)
Net income (loss) $ 27,460 $ (37,966)
Income (loss) per common share:    
Loss per common share - basic (in usd per share) $ 0.14 $ (0.20)
Loss per common share - diluted (in usd per share) $ 0.14 $ (0.20)
Weighted-average common shares outstanding:    
Weighted-average common shares outstanding - basic (in shares) 194,572 192,465
Weighted-average common shares outstanding - diluted (in shares) 202,855 192,465
Center revenue    
Revenue:    
Total revenue $ 497,752 $ 381,621
Operating expenses:    
Center operations 274,109 239,573
Other revenue    
Revenue:    
Total revenue $ 13,099 $ 10,633