Membership and other income increased 14.1% and 3.0% for fiscal
2014 and 2013, respectively, when compared to the previous fiscal year.
The fiscal 2014 increase was primarily due to the improved contract terms
relating to the profit sharing arrangement with our credit card provider,
increased membership fees that were introduced on May 15, 2013,
$24 million of income from the sale of two real estate properties and
an increase in members from the opening of 12 new clubs. The fiscal
2013 increase was primarily due to an increase in total members aided
by the opening of nine new clubs.