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Condensed consolidated balance sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 335,961 $ 289,431
Restricted cash 30,645 30,708
Accounts receivable, net of allowance for bad debts of $86 and $84 at March 31, 2019 and December 31, 2018, respectively 18,919 38,960
Inventory 3,445 5,122
Deferred expenses – national advertising fund 6,530 0
Prepaid expenses 7,254 4,947
Other receivables 9,805 12,548
Other current assets 4,877 6,824
Total current assets 417,436 388,540
Property and equipment, net of accumulated depreciation of $59,029, as of March 31, 2019 and $53,086 as of December 31, 2018 114,676 114,367
Right-of-use assets, net 115,745  
Intangible assets, net 228,663 234,330
Goodwill 199,513 199,513
Deferred income taxes 431,947 414,841
Other assets, net 1,612 1,825
Total assets 1,509,592 1,353,416
Current liabilities:    
Current maturities of long-term debt 12,000 12,000
Accounts payable 23,060 30,428
Accrued expenses 23,679 32,384
Equipment deposits 12,502 7,908
Restricted liabilities – national advertising fund 30 0
Deferred revenue, current 25,920 23,488
Payable pursuant to tax benefit arrangements, current 24,765 24,765
Other current liabilities 12,519 430
Total current liabilities 134,475 131,403
Long-term debt, net of current maturities 1,158,483 1,160,127
Deferred rent, net of current portion 0 10,083
Lease liabilities, net of current portion 114,470  
Deferred revenue, net of current portion 27,652 26,374
Deferred tax liabilities 1,798 2,303
Payable pursuant to tax benefit arrangements, net of current portion 424,725 404,468
Other liabilities 2,031 1,447
Total noncurrent liabilities 1,729,159 1,604,802
Commitments and contingencies (Note 12)
Stockholders' equity (deficit):    
Accumulated other comprehensive income 148 94
Additional paid in capital 22,576 19,732
Accumulated deficit (368,714) (394,410)
Total stockholders' deficit attributable to Planet Fitness Inc. (345,980) (374,574)
Non-controlling interests (8,062) (8,215)
Total stockholders' deficit (354,042) (382,789)
Total liabilities and stockholders' deficit 1,509,592 1,353,416
Class A Common Stock    
Stockholders' equity (deficit):    
Common stock, value 9 9
Class B Common Stock    
Stockholders' equity (deficit):    
Common stock, value $ 1 $ 1