| Schedule of Reconciliation of Numerators and Denominators Used to Compute Basic and Diluted Earnings per Share |
The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (in thousands, except share and per share amounts) | 2026 | | 2025 | | 2026 | | 2025 | | Numerator | | | | | | | | | Net income | $ | 67,404 | | | $ | 58,295 | | | $ | 119,200 | | | $ | 100,374 | | | Less: net income attributable to non-controlling interests | 322 | | | 276 | | | 564 | | | 488 | | | Net income attributable to Planet Fitness, Inc. | $ | 67,082 | | | $ | 58,019 | | | $ | 118,636 | | | $ | 99,886 | | | Denominator | | | | | | | | | Weighted-average shares of Class A common stock outstanding - basic | 77,030,275 | | | 83,861,016 | | | 78,295,667 | | | 84,014,883 | | | Effect of dilutive securities: | | | | | | | | | Stock options | 21,742 | | | 40,219 | | | 25,746 | | | 40,478 | | | Restricted stock units | 56,090 | | | 110,414 | | | 80,622 | | | 117,345 | | | Performance stock units | 37,675 | | | 53,579 | | | 53,009 | | | 59,830 | | | Weighted-average shares of Class A common stock outstanding - diluted | 77,145,782 | | | 84,065,228 | | | 78,455,044 | | | 84,232,536 | | | Earnings per share of Class A common stock - basic | $ | 0.87 | | | $ | 0.69 | | | $ | 1.52 | | | $ | 1.19 | | | Earnings per share of Class A common stock - diluted | $ | 0.87 | | | $ | 0.69 | | | $ | 1.51 | | | $ | 1.19 | |
|
| Schedule of Common Stock Equivalents Excluded from Computation of Diluted Net Income per Share |
The number of weighted-average common stock equivalents excluded from the computation of diluted net income per share because the effect would have been anti-dilutive were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | Class B common stock | 316,128 | | | 332,799 | | | 316,128 | | | 337,295 | | | | | | | | | | | Restricted stock units | 91,300 | | | 248 | | | 1,956 | | | 165 | | | Performance stock units | 78,019 | | | 248 | | | 5,753 | | | 165 | | Total | 485,447 | | | 333,295 | | | 323,837 | | | 337,625 | |
|