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Condensed consolidated statements of operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue:        
Revenue $ 105,383 $ 166,815 $ 272,847 $ 497,292
Operating costs and expenses:        
Cost of revenue 15,302 46,194 45,625 135,071
Store operations 21,371 22,295 62,209 63,363
Selling, general and administrative 18,295 20,928 51,143 57,944
National advertising fund expense 20,157 12,652 46,240 36,986
Depreciation and amortization 13,636 11,832 39,436 32,316
Other loss (gain) 580 (147) 606 99
Total operating costs and expenses 89,341 113,754 245,259 325,779
Income from operations 16,042 53,061 27,588 171,513
Other expense, net:        
Interest income 349 1,808 2,635 5,585
Interest expense (20,686) (14,807) (61,394) (44,192)
Other expense (24) (61) (784) (4,824)
Total other expense, net (20,361) (13,060) (59,543) (43,431)
(Loss) income before income taxes (4,319) 40,001 (31,955) 128,082
(Benefit) provision for income taxes (1,035) 10,309 (7,069) 26,924
Net (loss) income (3,284) 29,692 (24,886) 101,158
Less net (loss) income attributable to non-controlling interests (173) 3,915 (1,205) 13,128
Net (loss) income attributable to Planet Fitness, Inc. $ (3,111) $ 25,777 $ (23,681) $ 88,030
Class A Common Stock        
Net (loss) income per share of Class A common stock:        
Basic (in dollars per share) $ (0.04) $ 0.31 $ (0.30) $ 1.05
Diluted (in dollars per share) $ (0.04) $ 0.31 $ (0.30) $ 1.04
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 80,220,503 83,157,430 79,763,279 83,699,609
Diluted (in shares) 80,220,503 83,806,906 79,763,279 84,354,172
Franchise        
Revenue:        
Revenue $ 47,171 $ 53,443 $ 112,296 $ 164,624
Commission income        
Revenue:        
Revenue 48 614 483 2,673
National advertising fund revenue        
Revenue:        
Revenue 12,538 12,652 26,509 36,986
Corporate-owned stores        
Revenue:        
Revenue 28,289 40,742 78,224 118,481
Equipment        
Revenue:        
Revenue $ 17,337 $ 59,364 $ 55,335 $ 174,528