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Condensed consolidated balance sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 330,550 $ 289,431
Restricted cash 30,576 30,708
Accounts receivable, net of allowance for bad debts of $54 and $84 at June 30, 2019 and December 31, 2018, respectively 26,566 38,960
Inventory 2,513 5,122
Restricted assets – national advertising fund 5,208 0
Prepaid expenses 10,068 4,947
Other receivables 12,866 12,548
Other current assets 5,776 6,824
Total current assets 424,123 388,540
Property and equipment, net of accumulated depreciation of $64,839, as of June 30, 2019 and $53,086 as of December 31, 2018 118,517 114,367
Right-of-use assets, net 115,390  
Intangible assets, net 231,425 234,330
Goodwill 206,752 199,513
Deferred income taxes 425,647 414,841
Other assets, net 1,613 1,825
Total assets 1,523,467 1,353,416
Current liabilities:    
Current maturities of long-term debt 12,000 12,000
Accounts payable 16,277 30,428
Accrued expenses 22,558 32,384
Equipment deposits 7,376 7,908
Restricted liabilities – national advertising fund 112 0
Deferred revenue, current 27,076 23,488
Payable pursuant to tax benefit arrangements, current 25,506 24,765
Other current liabilities 14,519 430
Total current liabilities 125,424 131,403
Long-term debt, net of current maturities 1,156,792 1,160,127
Deferred rent, net of current portion   10,083
Lease liabilities, net of current portion 113,748  
Deferred revenue, net of current portion 29,648 26,374
Deferred tax liabilities 1,874 2,303
Payable pursuant to tax benefit arrangements, net of current portion 408,099 404,468
Other liabilities 2,254 1,447
Total noncurrent liabilities 1,712,415 1,604,802
Commitments and contingencies (Note 12)
Stockholders' equity (deficit):    
Accumulated other comprehensive income 251 94
Additional paid in capital 24,495 19,732
Accumulated deficit (333,870) (394,410)
Total stockholders' deficit attributable to Planet Fitness Inc. (309,115) (374,574)
Non-controlling interests (5,257) (8,215)
Total stockholders' deficit (314,372) (382,789)
Total liabilities and stockholders' deficit 1,523,467 1,353,416
Class A Common Stock    
Stockholders' equity (deficit):    
Common stock, value 8 9
Class B Common Stock    
Stockholders' equity (deficit):    
Common stock, value $ 1 $ 1