v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 223,647 $ 204,807
Restricted cash and cash equivalents 34,601 27,362
Accounts receivable, net 26,308 24,092
Center operating supplies and inventories 66,718 67,618
Prepaid expenses and other current assets 84,815 61,881
Total current assets 436,089 385,760
Property and equipment, net 3,811,994 3,633,229
Goodwill 1,235,359 1,235,359
Operating lease right-of-use assets 2,596,350 2,479,804
Intangible assets, net 180,726 180,810
Other assets 97,639 92,989
Total assets 8,358,157 8,007,951
Current liabilities:    
Accounts payable 97,113 90,249
Construction accounts payable 170,536 143,545
Deferred revenue 57,994 60,309
Accrued expenses and other current liabilities 222,896 214,351
Current maturities of debt 31,774 21,848
Current maturities of operating lease liabilities 83,247 79,208
Total current liabilities 663,560 609,510
Long-term debt, net of current portion 1,465,999 1,485,939
Operating lease liabilities, net of current portion 2,682,256 2,555,513
Deferred income taxes, net 186,671 172,217
Other liabilities 57,503 58,561
Total liabilities 5,055,989 4,881,740
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock, $0.01 par value per share; 500,000 shares authorized; 223,217 and 221,077 shares issued and outstanding, respectively 2,232 2,211
Additional paid-in capital 3,163,624 3,183,032
Retained earnings (accumulated deficit) 142,554 (46,902)
Accumulated other comprehensive loss (6,242) (12,130)
Total stockholders’ equity 3,302,168 3,126,211
Total liabilities and stockholders’ equity $ 8,358,157 $ 8,007,951