XML 23 R37.htm IDEA: XBRL DOCUMENT

Segments (Tables)

3 Months Ended

Mar. 31, 2012

Segments [Abstract]

Selected financial information by reportable operating segment


		Three Months Ended March 31,
		2012				2011
Revenues
U.S.		$	411,225			$	330,866
International			169,875				154,471
Eliminations			(2,282	)			(2,201	)

Total revenues		$	578,818			$	483,136

Adjusted EBITDA
U.S.		$	104,293			$	68,791
International			36,035				33,915

Total Adjusted EBITDA		$	140,328			$	102,706

Capital expenditures
U.S.		$	19,694			$	11,468
International			27,290				24,301

Total capital expenditures		$	46,984			$	35,769

Reconciliation of net income to Adjusted EBITDA


		Three Months Ended
		March 31,
		2012				2011
Net income		$	42,876			$	25,322
Add (deduct):
Income taxes			27,932				9,037
Interest expense ⁽¹⁾			32,133				29,290
Other income ⁽²⁾			(5,422	)			(5,030	)
Depreciation and amortization⁽³⁾			36,816				39,140
Impairment of long-lived assets			185				1,015
Loss on sale of assets and other			836				472
Deferred lease expenses			1,123				780
Amortization of long-term prepaid rents			534				667
Share based awards compensation expense			3,315				2,013

Adjusted EBITDA		$	140,328			$	102,706

⁽¹⁾	Includes amortization of debt issue costs.

⁽²⁾	Includes interest income, foreign currency exchange gain and equity in income of affiliates and excludes distributions from NCM. Distributions from NCM are reported entirely within the U.S. operating segment.

⁽³⁾	Includes amortization of favorable/unfavorable leases.

Selected financial information by geographic area


		Three Months Ended
		March 31,
		2012				2011
Revenues
U.S.		$	411,225			$	330,866
Brazil			78,398				86,841
Other foreign countries			91,477				67,630
Eliminations			(2,282	)			(2,201	)

Total		$	578,818			$	483,136


Theatre Properties and Equipment-net		March 31, 2012				December 31, 2011
U.S.		$	935,703			$	934,279
Brazil			161,767				149,294
Other foreign countries			159,500				155,277

Total		$	1,256,970			$	1,238,850

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References+ Details

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details