CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2025 |
Sep. 30, 2024 |
Sep. 30, 2025 |
Sep. 30, 2024 |
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| Revenue: | ||||
| Total revenue | $ 782,649 | $ 693,234 | $ 2,250,159 | $ 1,957,712 |
| Operating expenses: | ||||
| Center operations | $ 414,328 | $ 371,134 | $ 1,189,240 | $ 1,048,544 |
| Cost, Product and Service [Extensible Enumeration] | Center revenue | Center revenue | Center revenue | Center revenue |
| Rent | $ 87,511 | $ 78,575 | $ 251,866 | $ 225,804 |
| General, administrative and marketing | 59,840 | 57,737 | 179,361 | 159,836 |
| Depreciation and amortization | 75,094 | 69,451 | 219,001 | 205,068 |
| Other operating expense | 10,231 | 22,642 | 58,927 | 47,952 |
| Total operating expenses | 647,004 | 599,539 | 1,898,395 | 1,687,204 |
| Income from operations | 135,645 | 93,695 | 351,764 | 270,508 |
| Other income (expense): | ||||
| Interest expense, net of interest income | (18,440) | (36,011) | (65,331) | (111,083) |
| Equity in earnings (loss) of affiliates | 149 | (116) | 170 | (403) |
| Other income | 21,994 | 0 | 34,867 | 0 |
| Total other income (expense) | 3,703 | (36,127) | (30,294) | (111,486) |
| Income before income taxes | 139,348 | 57,568 | 321,470 | 159,022 |
| Provision for income taxes | 36,921 | 16,213 | 70,799 | 39,945 |
| Net income | $ 102,427 | $ 41,355 | $ 250,671 | $ 119,077 |
| Income per common share: | ||||
| Basic (in usd per share) | $ 0.47 | $ 0.20 | $ 1.15 | $ 0.60 |
| Diluted (in usd per share) | $ 0.45 | $ 0.19 | $ 1.11 | $ 0.57 |
| Weighted-average common shares outstanding: | ||||
| Basic (in shares) | 220,063 | 202,945 | 217,132 | 199,793 |
| Diluted (in shares) | 226,007 | 214,633 | 225,075 | 207,841 |
| Center revenue | ||||
| Revenue: | ||||
| Total revenue | $ 760,897 | $ 674,775 | $ 2,182,416 | $ 1,900,267 |
| Other revenue | ||||
| Revenue: | ||||
| Total revenue | $ 21,752 | $ 18,459 | $ 67,743 | $ 57,445 |
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- Definition shares outstanding No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Indicates type of cost from product sold and service rendered. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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