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We compare the of our centers based on how long the centers have been open at the most recent measurement period. Life Time Fitness, Inc.
Your Personal Trainer Sara. Personal Trainer Maryland. Capital expenditures We may have disputes with third parties to enforce our intellectual property rights, protect our trademarks, determine the validity and scope of the proprietary rights of others or defend ourselves from claims of infringement, invalidity or unenforceability.
See Note 5, Share-Based Compensation to the Notes to Consolidated Financial Statements for a complete discussion of our share-based compensation plans. of Operations. Once turns 12, with the appropriate membership, he or she may use most amenities available to adults. Employer Identification No.
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Mannsfield of our members can cancel their membership at any time upon providing advance notice. Our T. See Note 2 to our consolidated financial statements for a description of the method used to compute basic and diluted net earnings per share. We expect to open three large format centers inall of which are currently under construction. Personal Trainer Florida.
Other revenue, which includes revenue generated primarily from our media, athletic events and restaurant, is recognized personwl realized and earned. Registrant's telephoneincluding area code: Other operating. Our educational initiatives include in-center classes and seminars; a vast array of online content at lifetimefitness. The following table sets forth, for the periods indicated, the high and low sales prices as reported by the NYSE.
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December 1 — 31, Boot Camp challenges our members to test their strength, agility and stamina. The shares issuable upon the exercise of stock options and the vesting of all restricted stock awards were dilutive.
From an early age I realized that there is a positive relationship between physical activity and a sense of personal well being; a universal truth mc often takes a backseat in our busy adult lives. We also expect certain operating costs, particularly those related to occupancy, to be higher than in the past in some newly-entered geographic regions. I have worked as a group fitness instructor and personal trainer, and trained individuals of all ages.
Life Time programs include a wide range of interest areas, such as group fitness. Noncompliance with any privacy laws, any financial industry group requirements or any security breach involving the misappropriation, loss or other unauthorized disclosure of sensitive or confidential member information, whether by us or by one of our vendors, could have a material adverse effect on our business, operations and reputation including material fines and penalties; increased financial processing fees; compensatory, special, punitive and statutory damages; adverse actions against our s to do business; and injunctive escort orlando whether by court or consent order, regarding our privacy and security practices.
General and administrative expenses. Our centers offer fitness programs, including group fitness classes and health and fitness training seminars on subjects ranging from oersonal to personal nutrition.
Free cash flow is a non-GAAP measure consisting of net cash provided by operating activities, less purchases of property and equipment. Income from operations. We do not count these Flex memberships as terminations in our attrition calculation since they remain connected to Life Time Fitness and continue to receive other benefits associated ;ersonal a Life Time Fitness membership.
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We intend to expand our base of centers, primarily through new center development and acquisition. We generally begin selling memberships up to five months prior to a center's scheduled opening. PaulMN. We operate a separate 13, square foot full-service restaurant in the same building.
Center Environment. Legal Proceedings.
These terms, as we define them, may not be comparable to a similarly titled measures used by other companies and are not measures of performance presented in accordance with GAAP. Primary Membership Plans.
Center operations expenses decreased as a percent of total revenue due primarily to leverage provided by dues growth. Our debt level may make us more vulnerable and less flexible than our competitors to a downturn in our business or the economy in general.
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Lastly, we also face liability in connection with our construction and remodel of our centers. The success of our business depends on our ability to attract and retain members, and we cannot assure you that we will be successful in persoanl marketing efforts or that the membership levels at our centers will not materially decline, especially at those centers in operation for an extended period of time.
Critical ing Policies and Estimates.
We perform maintenance and make improvements on our centers and equipment throughout each year.