6. SUPPORT
Our team includes
Market research
Public relations
Financial analysis
Legal
Pricing
We are established company with lot of experience
We want the best for you
7. TENACITY
We understand goals
Focused on achieving them
Refuse to give up until the deal is closed
We don’t get paid till you get paid
12. Cash and cash equivalents
$ 13,126 $ 16,499
Accounts receivable, net
8,151 9,272
Center operating supplies and inventories
30,195 27,240
Prepaid expenses and other current assets
28,881 26,826
Deferred membership origination costs
11,438 11,664
Deferred income taxes
2,912 8,813
Income tax receivable
1,813 -
Total current assets
96,516 100,314
PROPERTY AND EQUIPMENT, net 1,952,894 1,858,666
RESTRICTED CASH 447 2,087
DEFERRED MEMBERSHIP ORIGINATION COSTS 6,740 6,820
GOODWILL 40,198 37,176
OTHER ASSETS 66,134 67,111
TOTAL ASSETS
$ 2,162,929 $ 2,072,174
Current Assets
(in thousands)
20132014
13. CASH FLOWS FROM
INVESTING ACTIVITIES:
Purchases of property
and equipment
(137,433 ) (106,102 )
Acquisitions, net of cash
acquired
(437 ) (26,415 )
Proceeds from sale of
property and equipment
763 362
Proceeds from property
insurance settlements
175 790
Increase in other assets (736 ) (250 )
Decrease in restricted
cash
1,640 651
Net cash used in
investing activities
(136,028 ) (130,964 )
For the 6 Months ended June
30 (in thousands)
2014 2013
