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      "text": "See \"Terms and definitions\" page for definitions of Adjusted EBITDA and Building Margin. See \"GAAP to non-GAAP reconciliations\" page for a reconciliation of Adjusted EBITDA and Building Margin to their most comparable GAAP metric.\n1. SG&A exclusive of stock-based compensation and other expenses excluded from Adjusted EBITDA",
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      "text": "Adj. EBITDA\nQ3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22\nMembership & Services Revenue $665 $612 $579 $565 $627 $696 $747 $801 $815\nOther Revenue 76 54 19 28 34 21 18 14 2\nTotal Revenue 741 666 598 593 661 718 765 815 817\nTotal Revenue at Budget FX Rates 771 841 868\nLocation Operating Expenses (836) (813) (809) (780) (752) (729) (734) (734) (729)\nPre-Opening Expenses (60) (46) (33) (43) (40) (42) (47) (38) (23)\nSG&A (1) (338) (279) (201) (219) (225) (230) (196) (177) (170)\nAdj. EBITDA (492) (472) (446) (449) (356) (283) (212) (134) (105)",
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      "text": "Building Margin & Physical Membership ARPM\nQ3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22\nMembership & Services Revenue $665 $612 $579 $565 $627 $696 $747 $801 $815\nLess: Unconsolidated Management Fee Revenue 1 3 4 1 2 2 3 5 6\nAdj. Membership & Services Revenue (A) 665 609 575 564 625 694 744 796 809\nLess: All Access & On Demand Revenue 9 13 20 29 36 45 47\nPhysical Membership Revenue (B) 665 609 567 551 605 665 708 751 762\nLocation Operating Expenses (836) (813) (809) (780) (752) (729) (734) (734) (729)\nLess: Indirect Location Operating Expenses (28) (21) (25) (24) (24) (26) (24) (24) (25)\nAdj. Location Operating Expenses (C) (808) (792) (784) (756) (728) (703) (710) (710) (704)\nBuilding Margin (A - C) (144) (183) (209) (192) (103) (9) 34 86 105\n% Building Margin (22%) (30%) (36%) (34%) (16%) (1%) 5% 11% 13%\nAverage Physical Memberships (D) 439k 397k 378k 381k 416k 458k 488k 521k 532k\nPhysical Membership Monthly ARPM (B / D) ($, ones) 505 512 500 482 485 484 484 481 477",
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      "text": "Quarterly financial results (US$, millions)",
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