$LTH
Life Time Group Holdings, Inc.

2024 Q3 Form 10-Q Financial Statement

#000186919824000032 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $693.2M $667.8M
YoY Change 18.47% 18.88%
Cost Of Revenue $371.1M $355.5M
YoY Change 16.2% 17.48%
Gross Profit $322.1M $312.3M
YoY Change 21.18% 20.5%
Gross Profit Margin 46.46% 46.76%
Selling, General & Admin $57.74M $53.25M
YoY Change 11.75% -55.73%
% of Gross Profit 17.93% 17.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $69.45M $69.71M
YoY Change 9.17% 19.68%
% of Gross Profit 21.56% 22.33%
Operating Expenses $57.74M $53.25M
YoY Change 11.75% -74.24%
Operating Profit $93.70M $104.8M
YoY Change 100.42% 99.89%
Interest Expense -$36.13M -$38.13M
YoY Change 9.48% 19.57%
% of Operating Profit -38.56% -36.4%
Other Income/Expense, Net -$36.13M -$38.13M
YoY Change 9.41% 19.57%
Pretax Income $57.57M $66.62M
YoY Change 319.29% 224.72%
Income Tax $16.21M $13.82M
% Of Pretax Income 28.16% 20.74%
Net Earnings $41.36M $52.81M
YoY Change 422.49% 210.54%
Net Earnings / Revenue 5.97% 7.91%
Basic Earnings Per Share $0.20 $0.27
Diluted Earnings Per Share $0.19 $0.26
COMMON SHARES
Basic Shares Outstanding 199.4M shares 198.8M shares
Diluted Shares Outstanding 214.6M shares 206.0M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $120.9M $34.53M
YoY Change 376.17% 11.89%
Cash & Equivalents $120.9M $34.53M
Short-Term Investments
Other Short-Term Assets $10.42M $13.74M
YoY Change -32.43% -67.58%
Inventory $59.24M $54.54M
Prepaid Expenses
Receivables $26.23M $25.20M
Other Receivables $12.81M $18.39M
Total Short-Term Assets $269.2M $196.1M
YoY Change 75.63% 27.81%
LONG-TERM ASSETS
Property, Plant & Equipment $3.095B $3.147B
YoY Change 0.67% -39.4%
Goodwill $1.235B $1.235B
YoY Change 0.0% 0.03%
Intangibles $171.9M $172.2M
YoY Change -0.29% -0.5%
Long-Term Investments
YoY Change
Other Assets $72.84M $76.23M
YoY Change -0.99% 2.71%
Total Long-Term Assets $6.910B $6.928B
YoY Change 2.47% 3.8%
TOTAL ASSETS
Total Short-Term Assets $269.2M $196.1M
Total Long-Term Assets $6.910B $6.928B
Total Assets $7.180B $7.124B
YoY Change 4.1% 4.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.59M $78.17M
YoY Change -7.28% -61.7%
Accrued Expenses $196.3M $183.6M
YoY Change 9.43% 11.68%
Deferred Revenue $48.80M $51.90M
YoY Change 23.86% 25.67%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $12.44M $12.76M
YoY Change -80.57% -80.32%
Total Short-Term Liabilities $456.7M $441.6M
YoY Change -12.7% -17.51%
LONG-TERM LIABILITIES
Long-Term Debt $1.640B $1.830B
YoY Change -9.7% 2.11%
Other Long-Term Liabilities $42.00M $41.98M
YoY Change 17.92% -98.14%
Total Long-Term Liabilities $1.682B $1.872B
YoY Change -9.17% -53.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $456.7M $441.6M
Total Long-Term Liabilities $1.682B $1.872B
Total Liabilities $4.618B $4.757B
YoY Change -1.33% 2.8%
SHAREHOLDERS EQUITY
Retained Earnings -$457.7M -$499.1M
YoY Change -23.77% -17.97%
Common Stock $2.066M $1.990M
YoY Change 5.3% 1.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.562B $2.367B
YoY Change
Total Liabilities & Shareholders Equity $7.180B $7.124B
YoY Change 4.1% 4.34%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $41.36M $52.81M
YoY Change 422.49% 210.54%
Depreciation, Depletion And Amortization $69.45M $69.71M
YoY Change 9.17% 19.68%
Cash From Operating Activities $151.1M $170.4M
YoY Change 31.89% 20.06%
INVESTING ACTIVITIES
Capital Expenditures $87.11M $144.3M
YoY Change -53.84% -13.21%
Acquisitions
YoY Change
Other Investing Activities $79.28M $148.6M
YoY Change 77.77% 240.74%
Cash From Investing Activities -$7.822M $4.307M
YoY Change -94.57% -103.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -55.65M -162.1M
YoY Change -330.9% 578.0%
NET CHANGE
Cash From Operating Activities 151.1M 170.4M
Cash From Investing Activities -7.822M 4.307M
Cash From Financing Activities -55.65M -162.1M
Net Change In Cash 87.68M 12.65M
YoY Change -1754.3% -374.53%
FREE CASH FLOW
Cash From Operating Activities $151.1M $170.4M
Capital Expenditures $87.11M $144.3M
Free Cash Flow $64.04M $26.12M
YoY Change -186.42% -207.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
2367497000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1264478000 usd
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
199052000 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
199052000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
196671000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
196671000 shares
CY2024Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-106000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1462000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-982000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1462000 usd
lth Stock Issued During Period Value Short Term Incentive Plan
StockIssuedDuringPeriodValueShortTermIncentivePlan
18058000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
2162037000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
17004000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1894000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8515000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
9820000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-8000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1450000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
2200712000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2124261000 usd
us-gaap Net Income Loss
NetIncomeLoss
44464000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1962000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13937000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
13276000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-110000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1450000 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1472000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
2200712000 usd
us-gaap Net Income Loss
NetIncomeLoss
77722000 usd
us-gaap Net Income Loss
NetIncomeLoss
44464000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
135617000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
116449000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12505000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5864000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
18698000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
22171000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
13650000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
17630000 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1420000 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1280000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
11067000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-904000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3919000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-6734000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-3124000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
216291000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
337076000 usd
us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
78040000 usd
us-gaap Proceeds From Sale Of Land Held For Use
ProceedsFromSaleOfLandHeldForUse
0 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
462000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-259498000 usd
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
44291000 usd
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
7430000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
620000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
620000000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
508000 usd
lth Proceeds From Financing Obligations
ProceedsFromFinancingObligations
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2550000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1490000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1462000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1304000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-87102000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-55000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19392000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29966000 usd
CY2024Q2 us-gaap Number Of Stores
NumberOfStores
175 center
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
31 state
CY2024Q2 lth Number Of Provinces In Which Entity Operates
NumberOfProvincesInWhichEntityOperates
1 province
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span></div><div style="margin-bottom:15pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A reclassification has been made on our December 31, 2023 condensed consolidated balance sheet in order to conform to the current period presentation. Specifically, our restricted cash and cash equivalents balance of $18.8 million at December 31, 2023 was reclassified out of Cash and cash equivalents and into a separate line item labeled Restricted cash and cash equivalents. This reclassification had no impact on our previously reported statements of operations or cash flows.</span></div>
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
18800000 usd
CY2024Q2 lth Long Term Debt Gross And Fair Value Adjustment
LongTermDebtGrossAndFairValueAdjustment
1854657000 usd
CY2024Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1853245000 usd
CY2024Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
8600000 usd
CY2023Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
8600000 usd
CY2024Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
18392000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
25280000 usd
CY2024Q2 us-gaap Prepaid Insurance
PrepaidInsurance
5680000 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
2393000 usd
CY2024Q2 lth Prepaid Commissions Current
PrepaidCommissionsCurrent
5683000 usd
CY2023Q4 lth Prepaid Commissions Current
PrepaidCommissionsCurrent
5059000 usd
CY2024Q2 lth Prepaid Software And Maintenance Current
PrepaidSoftwareAndMaintenanceCurrent
6729000 usd
CY2023Q4 lth Prepaid Software And Maintenance Current
PrepaidSoftwareAndMaintenanceCurrent
5481000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
13741000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
10938000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
58825000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
57751000 usd
CY2024Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
33863000 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
32165000 usd
CY2024Q2 us-gaap Interest Payable Current
InterestPayableCurrent
40469000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
38723000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
31614000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
40357000 usd
CY2024Q2 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
26422000 usd
CY2023Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
24869000 usd
CY2024Q2 lth Corporate Accruals Current
CorporateAccrualsCurrent
31016000 usd
CY2023Q4 lth Corporate Accruals Current
CorporateAccrualsCurrent
33066000 usd
CY2024Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
20241000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
16125000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
183625000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
185305000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1802000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6610000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1761000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2476000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8630000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2510000 usd
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1947000 usd
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
5921000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-10000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-131000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2875000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9619000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
16014000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
8896000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2259000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4664000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
480000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
941000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-5642000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-6734000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9235000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12445000 usd
us-gaap Interest Paid Net
InterestPaidNet
69984000 usd
us-gaap Interest Paid Net
InterestPaidNet
57380000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3962000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
9756000 usd
us-gaap Stock Issued1
StockIssued1
0 usd
us-gaap Stock Issued1
StockIssued1
1472000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
128486000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
58419000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
705000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
605000 usd
lth Lessee Operating Lease Modified Remeasurement Increase Decrease In Right Of Use Asset
LesseeOperatingLeaseModifiedRemeasurementIncreaseDecreaseInRightOfUseAsset
4631000 usd
lth Lessee Operating Lease Modified Remeasurement Increase Decrease In Right Of Use Asset
LesseeOperatingLeaseModifiedRemeasurementIncreaseDecreaseInRightOfUseAsset
16429000 usd
lth Sale Leaseback Transaction Fair Value Adjustment Increase Decrease
SaleLeasebackTransactionFairValueAdjustmentIncreaseDecrease
0 usd
lth Sale Leaseback Transaction Fair Value Adjustment Increase Decrease
SaleLeasebackTransactionFairValueAdjustmentIncreaseDecrease
5900000 usd
lth Interest Accretion In Financing Obligations
InterestAccretionInFinancingObligations
70000 usd
lth Interest Accretion In Financing Obligations
InterestAccretionInFinancingObligations
46000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
667761000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
561731000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1072582000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
667761000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
561731000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1264478000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1072582000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
52100000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
49900000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
51900000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
49300000 usd
CY2024Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
200000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
600000 usd
CY2024Q2 lth Long Term Debt Fair Value Adjustment
LongTermDebtFairValueAdjustment
362000 usd
CY2023Q4 lth Long Term Debt Fair Value Adjustment
LongTermDebtFairValueAdjustment
521000 usd
CY2024Q2 lth Long Term Debt Gross And Fair Value Adjustment
LongTermDebtGrossAndFairValueAdjustment
1854657000 usd
CY2023Q4 lth Long Term Debt Gross And Fair Value Adjustment
LongTermDebtGrossAndFairValueAdjustment
1948145000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
11661000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
15270000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
1842996000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1932875000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
12755000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
73848000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1830241000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1859027000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
12755000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
1750386000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
86816000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
1495000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
173000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
2670000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1854295000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11100000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18700000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16500000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22200000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
52805000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
17004000 usd
us-gaap Net Income Loss
NetIncomeLoss
77722000 usd
us-gaap Net Income Loss
NetIncomeLoss
44464000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
198903000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
195476000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
198200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
195026000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7141000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
9345000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6651000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8846000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
206044000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
204821000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
204851000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
203872000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6225000 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6136000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6225000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7134000 shares
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001869198-24-000032-index-headers.html Edgar Link pending
0001869198-24-000032-index.html Edgar Link pending
0001869198-24-000032.txt Edgar Link pending
0001869198-24-000032-xbrl.zip Edgar Link pending
exhibit311q22024.htm Edgar Link pending
exhibit312q22024.htm Edgar Link pending
exhibit321q22024.htm Edgar Link pending
exhibit322q22024.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lth-20240630.htm Edgar Link pending
lth-20240630.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
lth-20240630_cal.xml Edgar Link unprocessable
lth-20240630_def.xml Edgar Link unprocessable
lth-20240630_lab.xml Edgar Link unprocessable
lth-20240630_pre.xml Edgar Link unprocessable
lth-20240630_htm.xml Edgar Link completed
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable