XML 34 R13.htm IDEA: XBRL DOCUMENT v2.3.0.15
Equity
9 Months Ended
Sep. 30, 2011
Equity [Abstract] 
Equity
7. Equity
     Below is a summary of changes in stockholders’ equity attributable to Cinemark Holdings, Inc., noncontrolling interests and total equity for the nine months ended September 30, 2011 and 2010:
                         
    Cinemark              
    Holdings, Inc.              
    Stockholders’     Noncontrolling     Total  
    Equity     Interests     Equity  
     
Balance at January 1, 2011
  $ 1,021,547     $ 11,605     $ 1,033,152  
 
                       
Purchase of noncontrolling interests’ share of Chile subsidiary
    (917 )     (526 )     (1,443 )
Share based awards compensation expense
    7,132             7,132  
Stock withholdings related to restricted stock that vested during the nine months ended September 30, 2011
    (494 )           (494 )
Exercise of stock options
    445             445  
Tax benefit related to stock option exercises and restricted stock vesting
    910             910  
Dividends paid to stockholders
    (71,856 )           (71,856 )
Dividends accrued on unvested restricted stock unit awards
    (509 )           (509 )
Dividends paid to noncontrolling interests
          (1,211 )     (1,211 )
Write-off of accumulated other comprehensive loss related to cash flow hedges, net of taxes of $723
    2,037             2,037  
Comprehensive income:
                       
Net income
    112,294       1,685       113,979  
Fair value adjustments on interest rate swap agreements designated as hedges, net of taxes of $4,180
    (7,565 )           (7,565 )
Amortization of accumulated other comprehensive loss on terminated swap agreement
    3,248             3,248  
Fair value adjustments on available-for-sale securities, net of taxes of $7,485
    (12,485 )           (12,485 )
Foreign currency translation adjustment
    (35,566 )     (173 )     (35,739 )
         
Total comprehensive income
    59,926       1,512       61,438  
         
Balance at September 30, 2011
  $ 1,018,221     $ 11,380     $ 1,029,601  
         
     Below is a summary of dividends paid to stockholders during the nine months ended September 30, 2011:
                                 
                    Amount per        
    Record             Share of     Total Amount  
Declaration Date   Date     Date Paid     Common Stock     Paid  
02/24/11
  03/04/11     03/16/11     $ 0.21     $ 23,897  
05/12/11
  06/06/11     06/17/11     $ 0.21       23,976  
08/04/11
  08/17/11     09/01/11     $ 0.21       23,983  
 
                           
Total
                  $ 0.63     $ 71,856  
 
                           
                         
    Cinemark              
    Holdings, Inc.              
    Stockholders’     Noncontrolling     Total  
    Equity     Interests     Equity  
     
Balance at January 1, 2010
  $ 899,832     $ 14,796     $ 914,628  
 
                       
Colombia Share Exchange
    5,865       (5,865 )      
Share based awards compensation expense
    5,179             5,179  
Stock withholdings related to restricted stock that vested during the nine months ended September 30, 2010
    (299 )           (299 )
Exercise of stock options, net of stock withholdings
    5,442             5,442  
Tax benefit related to stock option exercises
    1,904             1,904  
Dividends paid to stockholders
    (60,671 )           (60,671 )
Dividends accrued on unvested restricted stock unit awards
    (264 )           (264 )
Dividends paid to noncontrolling interests
          (387 )     (387 )
Comprehensive income:
                       
Net income
    108,107       3,246       111,353  
Fair value adjustments on interest rate swap agreements, net of taxes of $137
    (226 )           (226 )
Amortization of accumulated other comprehensive loss on terminated swap agreement
    3,475             3,475  
Fair value adjustments on available-for-sale securities
    1,356             1,356  
Foreign currency translation adjustment
    13,694       208       13,902  
         
Total comprehensive income
    126,406       3,454       129,860  
         
Balance at September 30, 2010
  $ 983,394     $ 11,998     $ 995,392