v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 119,951 $ 204,807
Restricted cash and cash equivalents 30,232 27,362
Accounts receivable, net 25,476 24,092
Center operating supplies and inventories 67,028 67,618
Prepaid expenses and other current assets 80,315 61,881
Total current assets 323,002 385,760
Property and equipment, net 3,799,840 3,633,229
Goodwill 1,235,359 1,235,359
Operating lease right-of-use assets 2,472,648 2,479,804
Intangible assets, net 180,532 180,810
Other assets 94,489 92,989
Total assets 8,105,870 8,007,951
Current liabilities:    
Accounts payable 92,193 90,249
Construction accounts payable 124,844 143,545
Deferred revenue 63,250 60,309
Accrued expenses and other current liabilities 226,100 214,351
Current maturities of debt 20,705 21,848
Current maturities of operating lease liabilities 81,585 79,208
Total current liabilities 608,677 609,510
Long-term debt, net of current portion 1,482,099 1,485,939
Operating lease liabilities, net of current portion 2,558,596 2,555,513
Deferred income taxes, net 182,122 172,217
Other liabilities 55,105 58,561
Total liabilities 4,886,599 4,881,740
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.01 par value per share; 500,000 shares authorized; 222,447 and 221,077 shares issued and outstanding, respectively 2,225 2,211
Additional paid-in capital 3,184,562 3,183,032
Retained earnings (accumulated deficit) 41,196 (46,902)
Accumulated other comprehensive loss (8,712) (12,130)
Total stockholders’ equity 3,219,271 3,126,211
Total liabilities and stockholders’ equity $ 8,105,870 $ 8,007,951