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Condensed consolidated statements of operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue:        
Revenue $ 181,661 $ 140,550 $ 330,478 $ 261,882
Operating costs and expenses:        
Cost of revenue 54,391 36,744 88,877 63,244
Store operations 20,163 18,047 41,068 36,403
Selling, general and administrative 18,864 17,210 37,018 34,831
Depreciation and amortization 10,577 8,619 20,484 17,084
Other (gain) loss (122) (39) 246 971
Total operating costs and expenses 116,395 91,739 212,027 174,153
Income from operations 65,266 48,811 118,451 87,729
Other expense, net:        
Interest income 1,979 418 3,777 455
Interest expense (14,636) (9,046) (29,385) (17,816)
Other expense (1,444) (502) (4,762) (310)
Total other expense, net (14,101) (9,130) (30,370) (17,671)
Income before income taxes 51,165 39,681 88,081 70,058
Provision for income taxes 11,338 9,263 16,615 16,146
Net income 39,827 30,418 71,466 53,912
Less net income attributable to non-controlling interests 4,983 4,544 9,213 8,157
Net income attributable to Planet Fitness, Inc. $ 34,844 $ 25,874 $ 62,253 $ 45,755
Class A Common Stock        
Net income per share of Class A common stock:        
Basic (in dollars per share) $ 0.41 $ 0.30 $ 0.74 $ 0.52
Diluted (in dollars per share) $ 0.41 $ 0.29 $ 0.74 $ 0.52
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 84,142,975 87,693,377 83,975,192 87,564,596
Diluted (in shares) 84,835,183 88,105,331 84,638,650 87,931,469
Franchise        
Revenue:        
Revenue $ 58,225 $ 45,417 $ 111,181 $ 87,579
Commission income        
Revenue:        
Revenue 1,065 1,575 2,059 3,563
National advertising fund        
Revenue:        
Revenue 12,522 11,158 24,334 21,620
Operating costs and expenses:        
Cost of revenue 12,522 11,158 24,334 21,620
Corporate-owned stores        
Revenue:        
Revenue 39,695 34,252 77,739 66,959
Equipment        
Revenue:        
Revenue $ 70,154 $ 48,148 $ 115,165 $ 82,161