Brian Nagel - Oppenheimer

John Heinbockel - Guggenheim Securities

Megan Alexander - Morgan Stanley

Chris Woronka - Deutsche Bank

Michael Hirsch - Wells Fargo

Alex Perry - Bank of America

Alex Fuhrman - Craig-Hallum

Owen Rickert - Rockland Capital Markets

Logan Reich - RBC Capital Markets

Greetings, and welcome to the Life Time Group Holdings, Inc. Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions]. As a reminder, this conference is being recorded.

It's now my pleasure to turn the call over to Ken Cooper, Investor Relations. Please go ahead.

Ken Cooper

Good morning, and thank you for joining us for the third quarter 2024 Life Time Group Holdings earnings conference call. With me today are Bahram Akradi, Founder, Chairman and CEO; and Erik Weaver, Executive Vice President and CFO.

During the call, the Company will make forward-looking statements, which involve a number of risks and uncertainties that may cause actual results to differ materially from those forward-looking statements made today. There is a comprehensive discussion of risk factors in the Company's SEC filings, which you are encouraged to review. The Company will also discuss certain non-GAAP financial measures, including adjusted net income, adjusted EBITDA, adjusted diluted EPS and net debt to adjusted EBITDA or what we refer to as net debt leverage ratio and free cash flow. This information, along with the reconciliations to the most directly comparable GAAP measures are included when applicable in the Company's earnings release issued this morning, our 8-K filed with the SEC and on the Investor Relations section of our website.