XML 61 R48.htm IDEA: XBRL DOCUMENT
v3.10.0.1

CAPITAL STOCK (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Summary of Treasury Stock Activity | Below is a summary of the Company’s treasury stock activity for the years ended December 31, 2016, 2017 and 2018.
| Number of Treasury Shares |  |  | Cost |
Balance at January 1, 2016 |  | 4,183,504 |  |  | $ | 66,577 |
Restricted stock withholdings (1) |  | 206,690 |  |  |  | 6,834 |
Restricted stock forfeitures (2) |  | 56,808 |  |  |  | — |
Balance at December 31, 2016 |  | 4,447,002 |  |  | $ | 73,411 |
Restricted stock withholdings (1) |  | 68,527 |  |  |  | 2,943 |
Restricted stock forfeitures (2) |  | 10,341 |  |  |  | — |
Balance at December 31, 2017 |  | 4,525,870 |  |  | $ | 76,354 |
Restricted stock withholdings (1) |  | 75,801 |  |  |  | 2,905 |
Restricted stock forfeitures (2) |  | 24,520 |  |  |  | — |
Balance at December 31, 2018 |  | 4,626,191 |  |  | $ | 79,259 |
(1) | The Company withheld restricted shares as a result of the election by certain employees to satisfy their tax liabilities upon vesting in restricted stock and restricted stock units. The Company determined the number of shares to be withheld based upon market values that ranged from $29.17 to $44.44 per share.
(2) | The Company repurchased forfeited restricted shares at a cost of $0.001 per share in accordance with the 2017 Omnibus Plan.
Summary of Restricted Stock Activity | Below is a summary of restricted stock activity for the years ended December 31, 2016, 2017 and 2018:
|  | Year Ended |  |  | Year Ended |  |  | Year Ended |
|  | December 31, 2016 |  |  | December 31, 2017 |  |  | December 31, 2018 |
|  | Shares of Restricted Stock |  |  | Weighted Average Grant Date Fair Value |  |  | Shares of Restricted Stock |  |  | Weighted Average Grant Date Fair Value |  |  | Shares of Restricted Stock |  |  | Weighted Average Grant Date Fair Value |
Outstanding at January 1 |  |  | 757,775 |  |  | $ | 30.73 |  |  |  | 606,618 |  |  | $ | 33.51 |  |  |  | 650,581 |  |  | $ | 35.81 |
Granted |  |  | 335,707 |  |  | $ | 30.98 |  |  |  | 246,534 |  |  | $ | 41.70 |  |  |  | 328,734 |  |  | $ | 38.72 |
Vested |  |  | (430,056 | ) |  | $ | 26.60 |  |  |  | (192,230 | ) |  | $ | 36.26 |  |  |  | (250,442 | ) |  | $ | 31.27 |
Forfeited |  |  | (56,808 | ) |  | $ | 33.81 |  |  |  | (10,341 | ) |  | $ | 33.48 |  |  |  | (24,520 | ) |  | $ | 38.62 |
Outstanding at December 31 |  |  | 606,618 |  |  | $ | 33.51 |  |  |  | 650,581 |  |  | $ | 35.81 |  |  |  | 704,353 |  |  | $ | 38.68 |
Summary of Restricted Stock Unit Financial Performance Thresholds and Vesting Rates | The financial performance factors and respective vesting rates for each of the 2016, 2017 and 2018 grants are as follows:
|  | Year Ended December 31, |  |  | Percentage of Shares Vesting |
|  | 2016 |  |  | 2017 |  |  | 2018 |  |  |  |  |
Threshold IRR |  | 6.0% |  |  | 7.0% |  |  | 7.0% |  |  | 33.3% |
Target IRR |  | 8.0% |  |  | 9.5% |  |  | 9.5% |  |  | 66.6% |
Maximum IRR |  | 10.0% |  |  | 13.0% |  |  | 13.0% |  |  | 100.0% |
Summary of Restricted Stock Unit Award Activity | Below is a table summarizing the potential number of units that could vest under restricted stock unit awards granted during the years ended December 31, 2016, 2017 and 2018 at each of the three levels of financial performance (excluding forfeitures):
|  | Granted During the Year Ended December 31, |
|  | 2016 |  |  | 2017 |  |  | 2018 |
|  | Number of |  |  | Value at |  |  | Number of |  |  | Value at |  |  | Number of |  |  | Value at |
|  | Units |  |  | Grant(1) |  |  | Units |  |  | Grant(1) |  |  | Units |  |  | Grant(1) |
at threshold IRR |  |  | 84,554 |  |  | $ | 2,522 |  |  |  | 58,545 |  |  | $ | 2,481 |  |  |  | 76,065 |  |  | $ | 2,967 |
at target IRR |  |  | 169,107 |  |  | $ | 5,044 |  |  |  | 117,089 |  |  | $ | 4,961 |  |  |  | 152,129 |  |  | $ | 5,938 |
at maximum IRR |  |  | 253,661 |  |  | $ | 7,568 |  |  |  | 175,634 |  |  | $ | 7,442 |  |  |  | 228,194 |  |  | $ | 8,906 |
(1) | The grant date fair values for units issued during the years ended December 31, 2016 and 2017 were $29.83 and $42.37, respectively. The grant date fair values for the units issued during the year ended December 31, 2018 ranged from $37.55 to $39.03.
Restricted Stock |
Summary of Restricted Stock Award Activity | Below is a summary of restricted stock award activity recorded for the periods indicated.
|  | Year Ended December 31, |
|  | 2016 |  |  | 2017 |  |  | 2018 |
Compensation expense recognized during the period |  | $ | 8,250 |  |  | $ | 8,384 |  |  | $ | 9,655 |
Fair value of restricted shares that vested during the period |  | $ | 14,662 |  |  | $ | 8,172 |  |  | $ | 9,501 |
Income tax deduction upon vesting of restricted stock awards |  | $ | 5,555 |  |  | $ | 2,667 |  |  | $ | 1,744 |
Restricted Stock Units (RSUs) |
Summary of Restricted Stock Unit Award Activity | Below is a summary of activity for restricted stock unit awards for the periods indicated:
|  | Year Ended December 31, |
|  | 2016 |  |  | 2017 |  |  | 2018 |
Number of restricted stock unit awards that vested during the period |  |  | 213,984 |  |  |  | 97,115 |  |  |  | 127,084 |
Fair value of restricted stock unit awards that vested during the period |  | $ | 7,260 |  |  | $ | 4,155 |  |  | $ | 4,846 |
Accumulated dividends paid upon vesting of restricted stock unit awards |  | $ | 662 |  |  | $ | 558 |  |  | $ | 526 |
Compensation expense recognized during the period |  | $ | 5,144 |  |  | $ | 4,297 |  |  | $ | 4,681 |
Income tax benefit recognized upon vesting of restricted stock unit awards |  | $ | 3,049 |  |  | $ | 1,745 |  |  | $ | 708 |

X
- Definition Tabular disclosure of restricted stock units granted for current reporting period, at varying performance levels. + References No definition available. + Details
Name: | cnk_ScheduleOfRestrictedStockUnitsGrantedTableTextBlock
Namespace Prefix: | cnk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of restricted stock units performance thresholds and vesting rates. + References No definition available. + Details
Name: | cnk_ScheduleOfRestrictedStockUnitsPerformanceThresholdsAndVestingRatesTableTextBlock
Namespace Prefix: | cnk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |