Cybex’s second-quarter results were affect by an impairment charge as well as a 12 percent drop in sales. In reporting the results, the fitness equipment company confirmed that commercial fitness clubs are being cautious with capital expenditures due to current economic conditions. The net loss was $10.9 million against a profit of $3.0 million for the period ended Dec. 31, including a goodwill impairment charge of $11.3 million that was triggered by declines in the stock price. Sales for the quarter fell to $39.3 million. Gross margins were off by 4.6 percentage points to 29.6 percent, impacted in part by higher year-over-year material costs.