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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

The following table presents computations of basic and diluted earnings per share under the two-class method:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to Cinemark Holdings, Inc.

 

$

32,728

 

 

$

62,021

 

Earnings allocated to participating share-based awards (1)

 

 

(183

)

 

 

(297

)

Net income attributable to common stockholders

 

$

32,545

 

 

$

61,724

 

 

 

 

 

 

 

 

 

 

Denominator (shares in thousands):

 

 

 

 

 

 

 

 

Basic weighted average common stock outstanding

 

 

116,179

 

 

 

115,883

 

Common equivalent shares for restricted stock units

 

 

239

 

 

 

260

 

Diluted common equivalent shares

 

 

116,418

 

 

 

116,143

 

 

 

 

 

 

 

 

 

 

Basic earnings per share attributable to common stockholders

 

$

0.28

 

 

$

0.53

 

Diluted earnings per share attributable to common stockholders

 

$

0.28

 

 

$

0.53

 

 

(1)

For the three months ended March 31, 2019 and 2018, a weighted average of approximately 659 and 556 shares of restricted stock, respectively, were considered participating securities.