| Business Summary | | Bally
Total
Fitness
Holding
Corporation
is
a
commercial
operator
of
fitness
centers
in
North
America.
As
of
February
28,
2001,
the
Company
operated
approximately
385
fitness
centers
and
had
approximately
four
million
members.
The
Company
also
offers
a
private-label
line
of
Bally
branded
nutritional
products
that
include
meal-replacement
powders;
multi-vitamins;
creatine;
weight-loss
products;
energy,
snack,
and
high
protein
bars;
and
ready-to-drink
meal-replacement
shakes.
Furthermore,
the
Company
provides
sports
medicine
services,
including
rehabilitative,
chiropractic
and
massage
therapy,
in
many
of
its
fitness
centers,
and
offers
financial
services
to
selected
members
by
giving
them
the
opportunity
to
transfer
the
balance
of
their
financed
membership
fee
to
a
pre-approved
Visa
account. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bally
Total
Fitness
Holding
Corp.
is
a
nationwide
commercial
operator
of
fitness
centers.
The
Co.
operates
385
centers
in
27
states
and
Canada.
For
the
six
months
ended
6/30/01,
revenues
rose
12%
to
$561.6
million.
Net
income
rose
22%
to
$37.9
million.
Revenues
reflect
increased
deferred
dues
and
higher
personal
training
services
and
retail
product
sales.
Higher
income
also
reflects
lower
operating
expenses
for
member
processing
and
collection
centers. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Lee Hillman, 45 Chairman,
Pres, CEO | $1.1M | -- | John Dwyer, 48 CFO,
Exec. VP, Treasurer | 1.1M | -- | Paul Toback, 37 COO | 1.2M | $134K | William Fanelli, 38 Sr.
VP-Fin. | -- | -- | Cary Gaan, 55 Sr.
VP, Gen. Counsel and Sec. | 429K | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|