Please wait while we load the requested 10-K report or click the link below:
2010 FINANCIAL RESULTS
|||Revenue decreased 0.2% in Q4 2010 compared to Q4 2009 and 4.7% in full-year 2010 compared with full-year 2009. Q4 2010 total revenue includes $2.7 million of personal training revenue recognized for expired and unused sessions in three of our jurisdictions.|
|||Comparable club revenue decreased 1.7% in Q4 2010 compared to Q4 2009 and 4.3% in full-year 2010 compared to full-year 2009.|
|||Total member count increased 1.4% to 493,000 at December 31, 2010, compared to December 31, 2009.|
|||Membership attrition averaged 3.4% per month in Q4 2010 and 3.5% per month in full-year 2010 compared to 3.6% per month in Q4 2009 and 3.8% per month in full-year 2009.|
|||Earnings (loss) per share was $0.06 in Q4 2010 and $(0.01) in full-year 2010 compared to $(0.33) in Q4 2009 and $(0.25) in full-year 2009.|
|||Q4 2010 results included $2.7 million of personal training revenue, or $1.5 million net of taxes, recognized for expired and unused personal training revenue, or approximately $0.07 per share. Q4 2009 results reflected internal use software and fixed asset impairment charges and the effect of an accounting error, which collectively resulted in charges, net of taxes, of $7.4 million, or $(0.33) per share.|
The following information was filed by Town Sports International Holdings Inc (CLUB) on Tuesday, February 22, 2011 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one year to another to evaluate Town Sports International Holdings Inc's financial trajectory
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were
removed , and by Town Sports International Holdings Inc.