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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES:        
Membership services $ 39,067 $ 38,661 $ 74,301 $ 75,735
Media 7,373 8,009 22,759 22,692
Retail 82,650 84,412 136,597 138,589
TOTAL REVENUES 129,090 131,082 233,657 237,016
COSTS APPLICABLE TO REVENUES:        
Membership services 21,993 23,217 41,634 43,293
Media 6,339 5,982 18,188 17,608
Retail 48,231 49,847 79,622 82,076
TOTAL COSTS APPLICABLE TO REVENUES 76,563 79,046 139,444 142,977
GROSS PROFIT 52,527 52,036 94,213 94,039
OPERATING EXPENSES:        
Selling, general and administrative 33,022 35,599 62,899 65,766
Financing (gain) expense   244 (19) 7,330
Depreciation and amortization 4,003 4,616 8,225 9,444
TOTAL OPERATING EXPENSES 37,025 40,459 71,105 82,540
INCOME FROM OPERATIONS 15,502 11,577 23,108 11,499
NON-OPERATING ITEMS:        
Interest income 125 124 250 250
Interest expense (11,328) (9,774) (22,626) (19,055)
Gain (loss) on derivative instrument 632 (144) 1,478 (520)
Gain on sale of assets 275   497 23
Other non-operating items, net 10 (3) 10 (1)
TOTAL NON-OPERATING ITEMS (10,286) (9,797) (20,391) (19,303)
INCOME (LOSS) BEFORE INCOME TAXES 5,216 1,780 2,717 (7,804)
INCOME TAX EXPENSE (26) (59) (120) (202)
NET INCOME (LOSS) $ 5,190 $ 1,721 $ 2,597 $ (8,006)