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Condensed consolidated statements of operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Franchise $ 45,417 $ 32,791 $ 87,579 $ 63,072
Commission income 1,575 5,003 3,563 11,519
National advertising fund revenue 11,158 0 21,620 0
Corporate-owned stores 34,252 28,285 66,959 55,326
Equipment 48,148 41,237 82,161 68,501
Total revenue 140,550 107,316 261,882 198,418
Operating costs and expenses:        
Cost of revenue 36,744 31,452 63,244 52,576
Store operations 18,047 14,604 36,403 29,788
Selling, general and administrative 17,210 14,768 34,831 28,588
National advertising fund expense 11,158 0 21,620 0
Depreciation and amortization 8,619 7,894 17,084 15,845
Other loss (gain) (39) 348 971 316
Total operating costs and expenses 91,739 69,066 174,153 127,113
Income from operations 48,811 38,250 87,729 71,305
Other expense, net:        
Interest expense, net (8,628) (9,028) (17,361) (17,791)
Other expense (502) (933) (310) (251)
Total other expense, net (9,130) (9,961) (17,671) (18,042)
Income before income taxes 39,681 28,289 70,058 53,263
Provision for income taxes 9,263 10,285 16,146 17,393
Net income 30,418 18,004 53,912 35,870
Less net income attributable to non-controlling interests 4,544 5,592 8,157 14,616
Net income attributable to Planet Fitness, Inc. $ 25,874 $ 12,412 $ 45,755 $ 21,254
Class A Common Stock        
Net income per share of Class A common stock:        
Basic (in dollars per share) $ 0.30 $ 0.16 $ 0.52 $ 0.30
Diluted (in dollars per share) $ 0.29 $ 0.16 $ 0.52 $ 0.30
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 87,693,377 79,153,778 87,564,596 71,678,755
Diluted (in shares) 88,105,331 79,193,050 87,931,469 71,712,769