Company Quick10K Filing
Life Time Fitness
10-Q 2015-03-31 Filed 2015-04-28
10-K 2014-12-31 Filed 2015-03-02
10-Q 2014-09-30 Filed 2014-10-30
10-Q 2014-06-30 Filed 2014-07-30
10-Q 2014-03-31 Filed 2014-04-29
10-K 2013-12-31 Filed 2014-02-28
10-Q 2013-09-30 Filed 2013-10-25
10-Q 2013-06-30 Filed 2013-07-26
10-Q 2013-03-31 Filed 2013-04-26
10-K 2012-12-31 Filed 2013-02-28
10-Q 2012-09-30 Filed 2012-10-25
10-Q 2012-06-30 Filed 2012-07-30
10-Q 2012-03-31 Filed 2012-04-26
10-K 2011-12-31 Filed 2012-02-28
10-Q 2011-09-30 Filed 2011-10-28
10-Q 2011-06-30 Filed 2011-07-29
10-Q 2011-03-31 Filed 2011-04-29
10-K 2010-12-31 Filed 2011-02-28
10-Q 2010-09-30 Filed 2010-10-29
10-Q 2010-06-30 Filed 2010-07-30
10-Q 2010-03-31 Filed 2010-04-28
10-K 2009-12-31 Filed 2010-02-26
8-K 2015-06-10 M&A, Shareholder Rights, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2015-06-04 Shareholder Vote
8-K 2015-05-26 Regulation FD, Exhibits
8-K 2015-05-18 Regulation FD, Exhibits
8-K 2015-04-14 Other Events, Exhibits
8-K 2015-03-15 Enter Agreement, Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K 2015-02-26 Earnings, Exhibits

Life Time Fitness Financials

LTM Metrics, Comps, Filings

Quarterly | Annual

Business

Life Time Fitness, Inc. ("Life Time") is The Healthy Way of Life Company. We help organizations, communities and individuals achieve their total health objectives, athletic aspirations and fitness goals by engaging in their areas of interest, or discovering new passions, both inside and outside of Life Time's distinctive, resort-like sports, professional fitness, family recreation and spa destinations, most of which operate 24 hours a day, seven days a week. Our Healthy Way of Life approach enables our customers to achieve success by providing the best places, people and programs of exceptional quality and value. As of March 2, 2015, we operated 113 centers under the LIFE TIME FITNESS® and LIFE TIME ATHLETIC® brands primarily in suburban locations in 32 major markets in the United States and Canada.

We believe our centers provide a desirable and unique experience for our members, resulting in a high number of memberships per center. We directly operate and manage all of our centers both to optimize and deliver the high-quality member experience we expect. Of our 113 centers, we consider 92 to be of our large format design. Among these 92 centers, we consider 67 to be of our current model design. Although the size and design of our centers may vary, our business strategy, member-focused approach and core operating processes generally remain consistent across our centers. Our current model centers target 6,500 to 10,500 memberships by offering, on average, 114,000 square feet of multi-use sports and athletic, professional fitness, family recreation, spa amenities and programs and services in a resort-like environment.

The breadth of our programs allows us to help members achieve their goals while connecting and engaging them in their areas of passion. By offering best-in-class programming - both inside and outside of our centers - along with a trained and certified team of Life Time employees who lead each program, we help members achieve their goals. Life Time programs include a wide range of interest areas, such as group fitness, yoga, swimming, running, racquetball, squash, tennis, Pilates, martial arts, kids activities and camps, adult activities and leagues, rock


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Azul (AZUL) 25,351 46% 28.4 -3% 2,948 2,157 8,149 3,714 -81 889 25,239
United Continental (UAL) 21,683 58% 4.8 6% 52,611 41,080 43,259 25,181 3,010 6,935 33,548
American Airlines Group (AAL) 12,819 55% 6.1 3% 59,995 60,113 45,768 24,980 1,686 5,331 32,691
Alaska Air Group (ALK) 8,498 59% 5.6 6% 12,993 8,662 8,781 5,152 769 1,517 8,482
Jetblue Airways (JBLU) 5,642 62% 4.9 5% 11,918 7,119 8,093 5,054 569 1,372 6,681
Skywest (SKYW) 2,946 13% 12.5 0% 6,598 4,481 3,032 387 0 451 5,647
Life Time Fitness (LTM) 2,775 9% 11.8 4% 2,729 1,599 1,310 124 111 333 3,942
Spirit Airlines (SAVE) 2,489 0% 6.4 5% 6,575 4,395 3,724 0 346 585 3,757
Allegiant Travel (ALGT) 2,391 0% 8.8 6% 2,834 2,008 1,380 0 172 398 3,496
Air Transport Services (ATSG) 1,508 0% 8.3 4% 2,745 2,264 1,330 0 101 350 2,913
Hawaiian Holdings (HA) 1,251 71% 4.1 4% 4,065 2,998 2,822 2,004 174 356 1,444
Mesa Air (MESA) 241 0% 5.3 3% 1,452 1,026 723 0 48 197 1,051
Air T (AIRT) 42 0% 3.6 7% 143 109 246 0 10 25 91
EHang Holdings (EH)
Copa Holdings (CPA) 0% 4,087 2,247 0 0 0 0 -0
Volaris (VLRS) 0% 22,311 13,139 0 0 0 0 -0
Ryanair Holdings (RYAAY) 0% 13,251 8,036 0 0 0 0 -35
China Southern Airlines (ZNH) 0% 246,949 168,480 0 0 0 0 -6,909
Avianca Holdings (AVH) 0% 7,119 6,126 0 0 0 0 -265
China Eastern Airlines (CEA) 0% 239,017 177,416 0 0 0 0 -0

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-31
Cash243412111012711159161413208131610915
Accounts Receivable45675666810988108121110913
Inventory
PP&E1,5301,5471,5701,5821,6001,6142,2401,7551,7861,8222,4521,8981,9532,0242,7912,1482,2902,3353,2362,460
Assets1,6731,7031,7181,7251,7551,7711,9161,9341,9942,0232,0722,1072,1632,2542,3312,3942,5472,5882,6822,729
Accounts Payable1914192120192223192632352429292938363542
Long-Term Debt6175546055815745606866436676617046777237748499021,0981,1531,2011,182
Liabilities8878908788578588469589369659589991,0211,0491,1131,1831,2721,4711,5001,5761,599
Stockholders' Equity7868138418688979269579981,0291,0651,0731,0861,1141,1411,1481,1211,0771,0871,1051,130
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-31
Revenue231238224241259265251268291295275291308316291312327337315331
Cost of Revenue156168178191
Gross Profit95107113124
R&D
SG&A1717242123212724242226262724262827262832
Tax1416111417181717212316182122161819231316
Net Income2223182125272026303223283334262830342225
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-31
Cash Operating45466058595174686153764866687856567183
Cash Investing-41-51-39-49-39-106-44-87-59-61-59-77-100-124-95-167-85-97-83
Cash Financing5-17-22-11-1850-2623-716-202940382211423256