Company Quick10K Filing
Town Sports International
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 28 $60
10-K 2020-03-20 Annual: 2019-12-31
10-Q 2019-11-05 Quarter: 2019-09-30
10-Q 2019-07-25 Quarter: 2019-06-30
10-Q 2019-04-25 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-10-25 Quarter: 2018-09-30
10-Q 2018-07-27 Quarter: 2018-06-30
10-Q 2018-04-27 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-10-26 Quarter: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-04-26 Quarter: 2017-03-31
10-K 2017-02-22 Annual: 2016-12-31
10-Q 2016-10-26 Quarter: 2016-09-30
10-Q 2016-07-28 Quarter: 2016-06-30
10-Q 2016-05-03 Quarter: 2016-03-31
10-K 2016-03-07 Annual: 2015-12-31
10-Q 2015-11-02 Quarter: 2015-09-30
10-Q 2015-07-30 Quarter: 2015-06-30
10-Q 2015-05-05 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-07-31 Quarter: 2014-06-30
10-Q 2014-04-29 Quarter: 2014-03-31
10-K 2014-03-14 Annual: 2013-12-31
10-Q 2013-10-24 Quarter: 2013-09-30
10-Q 2013-07-24 Quarter: 2013-06-30
10-K 2013-02-25 Annual: 2012-12-31
10-Q 2012-10-25 Quarter: 2012-09-30
10-Q 2012-07-26 Quarter: 2012-06-30
10-Q 2012-04-24 Quarter: 2012-03-31
10-K 2012-02-27 Annual: 2011-12-31
10-Q 2011-10-28 Quarter: 2011-09-30
10-Q 2011-07-29 Quarter: 2011-06-30
10-Q 2011-04-27 Quarter: 2011-03-31
10-K 2011-02-25 Annual: 2010-12-31
10-Q 2010-10-27 Quarter: 2010-09-30
10-Q 2010-08-02 Quarter: 2010-06-30
10-Q 2010-04-28 Quarter: 2010-03-31
10-K 2010-03-16 Annual: 2009-12-31
8-K 2020-03-23 Leave Agreement, Officers
8-K 2020-03-20 Earnings, Exhibits
8-K 2020-03-16 Officers, Other Events
8-K 2020-02-28 Enter Agreement, Exhibits
8-K 2020-02-12 Enter Agreement, Exhibits
8-K 2020-01-15 Officers
8-K 2020-01-06 Enter Agreement, Other Events, Exhibits
8-K 2019-11-07 Officers, Exhibits
8-K 2019-11-05 Earnings, Exhibits
8-K 2019-07-25 Earnings, Exhibits
8-K 2019-05-15 Officers, Shareholder Vote, Exhibits
8-K 2019-04-25 Earnings, Exhibits
8-K 2019-04-03 Regulation FD
8-K 2019-03-20 Enter Agreement, Officers, Exhibits
8-K 2019-02-28 Earnings, Exhibits
8-K 2018-11-08 Enter Agreement, Exhibits
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-05-09 Officers, Shareholder Vote, Exhibits
8-K 2018-04-26 Earnings, Exhibits
8-K 2018-04-13 Enter Agreement, M&A, Exhibits
8-K 2018-03-13 Officers, Exhibits
8-K 2018-02-28 Earnings, Exhibits
8-K 2018-02-22
8-K 2018-01-03

Town Sports International Financials

CLUB Metrics, Comps, Filings

Annual | Quarterly

Business

In this Annual Report, unless otherwise stated or the context otherwise indicates, references to "the Company," "we," "our," "TSI Holdings" and similar references refer to Town Sports International Holdings, Inc. and its subsidiaries. References to "TSI LLC" refer to Town Sports International, LLC, and "TSI Group" refer to Town Sports Group, LLC, both of which are wholly-owned operating subsidiaries of the Company. The Company is a diversified holding company that owns g subsidiaries engaged in a number of business and investment activities. The Company's largest operating subsidiary, TSI LLC, has been involved in the fitness industry since 1973 and has grown to become one of the largest owners and operators of fitness clubs in the Northeast region of the United States ("U.S."). TSI Group was formed in 2017 to invest in public and private equities and real estate. TSI Holdings' corporate structure provides flexibility to make investments across a broad spectrum of industries in order to create long-term value for stockholders.

Based on the number of clubs, we are one of the leading owners and operators of fitness clubs in the Northeast and Mid-Atlantic regions of the United States and one of the largest fitness club owners and operators in the United States. Our 185 fitness clubs ("clubs") collectively served approximately 627,000 members as of December 31, 2018. Our clubs operate under the various brand names below and are primarily located in the United States of America.

Brand CountNew York Sports Clubs 98 Boston Sports Clubs 33 Washington Sports Clubs 10 Philadelphia Sports Clubs 5 Lucille Roberts 16 TMPL 2 Total Woman Gym and Spa 12 Palm Beach Sports Clubs 3 Christi's Fitness 1 LIV Fitness 2 New York Sports Clubs - Switzerland 3 185


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Belmond (BEL) 2,563,333 0% 35.6 -0% 1,675,808 1,035,547 454,488 0 -3,873 90,117 3,205,095
Red Rock Resorts (RRR) 1,468,940 0% 14.7 0% 4,127,462 3,344,631 1,827,219 0 16,339 300,012 4,409,122
Xenia Hotels & Resorts (XHR) 2,406,601 25% 10.9 5% 3,158,982 1,372,784 1,142,566 286,850 143,784 309,649 3,360,511
Penn National Gaming (PENN) 2,251,601 0% 5.0 1% 14,318,000 12,378,600 5,115,434 0 94,403 865,559 4,317,801
Hexion (MSC) 10% 40.9 -5% 4,101,000 2,999,000 2,614,000 271,000 -202,000 41,000 1,676,000
Platinum Eagle Acquisition (EAGL) 1,057,747 47% 19.7 1% 607,743 467,260 244,983 115,482 6,170 74,439 1,464,698
Playa Hotels & Resorts (PLYA) 1,026,526 0% 17.3 -0% 2,144,195 1,319,894 644,426 0 -672 114,695 1,987,334
Monarch Casino & Resort (MCRI) 774,178 17% 14.9 6% 565,158 232,465 246,865 40,938 32,879 50,120 745,090
Century Casinos (CNTY) 258,936 0% 15.1 1% 339,850 153,210 196,605 0 3,918 18,917 285,489
Civeo (CVEO) 228,891 6% 10.4 -4% 1,010,823 505,305 493,386 31,956 -40,636 59,045 614,362
Red Lion Hotels (RLH) 160,758 0% 37.8 -4% 287,862 122,117 87,772 0 -10,411 5,147 194,685
Dover Downs (DDE) 82,737 0% 11.0 -0% 160,715 46,371 179,931 0 -389 6,559 71,873
Peak Resorts (SKIS) 71,265 0% 7.3 0% 389,161 293,311 187,081 0 1,102 36,884 270,076
Town Sports International (CLUB) 47,330 0% 8.7 -2% 814,418 900,165 350,798 0 -15,229 23,946 207,867
Full House Resorts (FLL) 58,027 0% 13.1 -1% 208,488 148,524 126,416 0 -1,689 10,259 134,302
Wyndham Destinations (WYND) 73% 6.5 6% 7,563,000 8,133,000 4,018,000 2,922,000 451,000 790,000 5,114,000
Target Hospitality (TH)
GreenTree Hospitality Group (GHG) 0% 3,014,390 1,151,262 0 0 0 0 -1,264,026
OneSpaWorld Holdings (OSW) 0% 8.2 1% 921,107 269,617 285,331 0 8,229 26,450 216,768
Planet Fitness (PLNT) 54% 4.0 9% 1,420,232 1,862,349 671,652 362,222 129,937 233,369 937,749

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash47,88037,75873,59893,45276,21745,59630,3211,973
Accounts Receivable5,8576,5083,7043,6561,9231,2212,2163,050
Inventory2904384735733372380
PP&E286,041256,871243,992233,644195,341170,580151,498157,677
Assets449,542403,910413,792409,833305,360235,878236,671261,454
Accounts Payable9,1807,4678,1162,8732,6152,4772,2473,672
Long-Term Debt288,994315,743325,000299,871268,999196,825196,029199,082
Liabilities449,188459,406457,308527,917401,605321,548314,628334,151
Stockholders' Equity354-55,496-43,516-118,084-96,245-85,670-77,957-72,990
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue466,941478,981470,225453,842424,323396,921403,042443,094
Cost of Revenue
Gross Profit
R&D
SG&A25,79924,13928,43131,35230,68324,70222,68025,047
Tax2,6996,3217,36723,55310511,286-9,686-357
Net Income6,31511,96612,324-68,98921,1588,0434,369-125
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating74,88560,05367,3884,75824,87021,19028,19964,094
Cash Investing-30,907-22,490-30,606-42,054-31,571-20,003-41,531-47,018
Cash Financing-35,349-47,722-97557,503-10,511-31,763-1,9802,603