v3.26.1
Condensed Consolidated Statements of Changes in Equity (Deficit) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Class A common stock
Class B common stock
Common stock
Class A common stock
Common stock
Class B common stock
Additional paid- in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Non-controlling interests
Beginning balance (in shares) at Dec. 31, 2024       84,323 342        
Beginning balance at Dec. 31, 2024 $ (215,373)     $ 9 $ 0 $ 609,115 $ (2,348) $ (822,156) $ 7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 100,374             99,886 488
Equity-based compensation expense 6,138         6,138      
Repurchase and retirement of Class A common stock (in shares)       (566)          
Repurchase and retirement of Class A common stock (52,483)         (1,186)   (52,483) 1,186
Exchanges of Class B common stock and other adjustments (in shares)       26 (26)        
Exchanges of Class B common stock and other adjustments 0         (63)     63
Issuance of shares under equity-based compensation plans (in shares)       124          
Issuance of shares under equity-based compensation plans 867         867      
Tax benefit arrangement liability and deferred taxes arising from exchanges of Class B common stock 169         169      
Distributions paid to members of Pla-Fit Holdings (1,331)               (1,331)
Other comprehensive income (loss) 3,358           3,358    
Ending balance (in shares) at Jun. 30, 2025       83,907 316        
Ending balance at Jun. 30, 2025 (158,281)     $ 9 $ 0 615,040 1,010 (774,753) 413
Beginning balance (in shares) at Mar. 31, 2025       83,836 342        
Beginning balance at Mar. 31, 2025 (219,864)     $ 9 $ 0 612,196 (1,352) (830,743) 26
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 58,295             58,019 276
Equity-based compensation expense 3,507         3,507      
Repurchase and retirement of Class A common stock (in shares)       (22)          
Repurchase and retirement of Class A common stock (2,029)         (1,030)   (2,029) 1,030
Exchanges of Class B common stock and other adjustments (in shares)       26 (26)        
Exchanges of Class B common stock and other adjustments 0         (63)     63
Issuance of shares under equity-based compensation plans (in shares)       67          
Issuance of shares under equity-based compensation plans 327         327      
Tax benefit arrangement liability and deferred taxes arising from exchanges of Class B common stock 103         103      
Distributions paid to members of Pla-Fit Holdings (982)               (982)
Other comprehensive income (loss) 2,362           2,362    
Ending balance (in shares) at Jun. 30, 2025       83,907 316        
Ending balance at Jun. 30, 2025 (158,281)     $ 9 $ 0 615,040 1,010 (774,753) 413
Beginning balance (in shares) at Dec. 31, 2025   80,446 316 80,446 316        
Beginning balance at Dec. 31, 2025 (483,378)     $ 8 $ 0 623,333 1,311 (1,107,429) (601)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 119,200             118,636 564
Equity-based compensation expense 6,270         6,270      
Repurchase and retirement of Class A common stock (in shares)       (5,334)          
Repurchase and retirement of Class A common stock (253,413)         1,305   (253,413) (1,305)
Issuance of shares under equity-based compensation plans (in shares)       85          
Issuance of shares under equity-based compensation plans (611)         (611)      
Distributions paid to members of Pla-Fit Holdings (659)               (659)
Other comprehensive income (loss) (2,147)           (2,147)    
Ending balance (in shares) at Jun. 30, 2026   75,197 316 75,197 316        
Ending balance at Jun. 30, 2026 (614,738)     $ 8 $ 0 630,297 (836) (1,242,206) (2,001)
Beginning balance (in shares) at Mar. 31, 2026       79,124 316        
Beginning balance at Mar. 31, 2026 (482,792)     $ 8 $ 0 625,604 (605) (1,107,227) (572)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 67,404             67,082 322
Equity-based compensation expense 3,289         3,289      
Repurchase and retirement of Class A common stock (in shares)       (3,966)          
Repurchase and retirement of Class A common stock (202,061)         1,457   (202,061) (1,457)
Issuance of shares under equity-based compensation plans (in shares)       39          
Issuance of shares under equity-based compensation plans (53)         (53)      
Distributions paid to members of Pla-Fit Holdings (294)               (294)
Other comprehensive income (loss) (231)           (231)    
Ending balance (in shares) at Jun. 30, 2026   75,197 316 75,197 316        
Ending balance at Jun. 30, 2026 $ (614,738)     $ 8 $ 0 $ 630,297 $ (836) $ (1,242,206) $ (2,001)