BC’s fitness segment sales declined 8% in Q1 to $225.2 million from $244.4 million, in line with guidance, reflecting lower sales to Planet Fitness and other value-oriented health clubs, along with softness in certain international markets. International sales, which represented 49% of the segment, decreased 10%. Segment operating losses was $139.1 million, including $138.3 million of restructuring, exit, integration, and impairment charges due to an impairment of goodwill resulting from a re-evaluation of the fair value of the fitness reporting unit, and $1.7 million of separation costs. In Q1 2018, operating earnings were $11.0 million which included $1.2 million of ... Log in to view full article.