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Condensed consolidated balance sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 147,784 $ 113,080
Accounts receivable, net of allowance for bad debts of $20 and $32 at June 30, 2018 and December 31, 2017, respectively 14,932 37,272
Due from related parties 0 3,020
Inventory 3,193 2,692
Restricted assets – national advertising fund 73 499
Deferred expenses – national advertising fund 1,648 0
Prepaid expenses 3,796 3,929
Other receivables 23,343 9,562
Other current assets 5,916 6,947
Total current assets 200,685 177,001
Property and equipment, net of accumulated depreciation of $44,676, as of June 30, 2018 and $36,228 as of December 31, 2017 87,570 83,327
Intangible assets, net 237,092 235,657
Goodwill 191,038 176,981
Deferred income taxes 406,699 407,782
Other assets, net 1,637 11,717
Total assets 1,124,721 1,092,465
Current liabilities:    
Current maturities of long-term debt 7,185 7,185
Accounts payable 16,268 28,648
Accrued expenses 14,715 18,590
Equipment deposits 9,001 6,498
Restricted liabilities – national advertising fund 73 490
Deferred revenue, current 23,186 19,083
Payable to related parties pursuant to tax benefit arrangements, current 25,578 31,062
Other current liabilities 436 474
Total current liabilities 96,442 112,030
Long-term debt, net of current maturities 693,957 696,576
Deferred rent, net of current portion 7,700 6,127
Deferred revenue, net of current portion 23,255 8,440
Deferred tax liabilities 1,389 1,629
Payable to related parties pursuant to tax benefit arrangements, net of current portion 391,876 400,298
Other liabilities 1,350 4,302
Total noncurrent liabilities 1,119,527 1,117,372
Commitments and contingencies (Note 12)
Stockholders' equity (deficit):    
Accumulated other comprehensive loss (385) (648)
Additional paid in capital 14,744 12,118
Accumulated deficit (94,348) (130,966)
Total stockholders' deficit attributable to Planet Fitness Inc. (79,979) (119,486)
Non-controlling interests (11,269) (17,451)
Total stockholders' deficit (91,248) (136,937)
Total liabilities and stockholders' deficit 1,124,721 1,092,465
Class A Common Stock    
Stockholders' equity (deficit):    
Common stock, value 9 9
Class B Common Stock    
Stockholders' equity (deficit):    
Common stock, value $ 1 $ 1