Life Time Fitness, Inc. operates multi-use sports and athletic, professional fitness, family recreation and resort and spa centers under the LIFE TIME FITNESS brand. It designs, develops and operates its own centers. As of February 27, 2009, the Company operated 83 centers primarily in suburban locations in 18 states and 22 major markets. Most Life Time Fitness centers offer access around-the-clock, seven days a week to a selection of premium amenities and services, including more than 400 pieces of cardiovascular and resistance equipment and free-weights. Amenities generally include multiple group fitness studios with free classes, a team of certified personal trainers and programming, educational seminars and fitness assessments, a selection of adult and youth programs and activities, athletic events, cycle theatres, rock climbing walls, multiple basketball courts, squash and/or racquetball courts, Pilates and yoga studios, and dry saunas, among others.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 June 2009, Life Time Fitness Inc.'s revenue increased 10% to $633.3M. Net income decreased 8% to $54M. Revenues reflect an increase in income from Membership dues and higher In-center income. Net income was offset by increased center operations expense, a rise in general & administrative expenses, increased other operating expenses and higher depreciation & amortization expenses.
Company Address
Life Time Fitness, Inc.
6442 City West Parkway Eden Prairie MN 55344
P: +1952.9470000 F: +1952.9479137