XML 48 R34.htm IDEA: XBRL DOCUMENT
v3.23.1

Treasury Stock and Share Based Awards (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Summary of Treasury Stock Activity | Below is a summary of Holdings’ treasury stock activity for the three months ended March 31, 2023:
|  | Number of |  |  |  |
|  | Treasury |  |  |  |
|  | Shares |  |  | Cost |
Balance at January 1, 2023 |  |  | 5.68 |  |  | $ | 95.4 |
Restricted stock withholdings (1) |  |  | 0.17 |  |  |  | 2.1 |
Restricted stock forfeitures (2) |  |  | 0.03 |  |  |  | — |
Balance at March 31, 2023 |  |  | 5.88 |  |  | $ | 97.5 |
(1) Holdings withheld shares as a result of the election by certain employees to satisfy their tax liabilities upon vesting in restricted stock and performance stock units. Holdings determined the number of shares to be withheld based upon market values of the common stock of Holdings on the vest dates, which ranged from $11.16 to $13.42 per share. (2) Holdings repurchased forfeited restricted shares at a cost of $0.001 per share in accordance with its 2017 Omnibus Plan.
Summary of Restricted Stock Activity | Below is a summary of restricted stock activity for the three months ended March 31, 2023:
|  | Shares of |  |  | Weighted Average |
|  | Restricted |  |  | Grant Date |
|  | Stock |  |  | Fair Value |
Outstanding at January 1, 2023 |  |  | 1.85 |  |  | $ | 20.64 |
Granted |  |  | 1.27 |  |  |  | 11.68 |
Vested |  |  | (0.56 | ) |  |  | 21.89 |
Forfeited |  |  | (0.03 | ) |  |  | 16.97 |
Outstanding at March 31, 2023 |  |  | 2.53 |  |  |  | 15.98 |
Unvested restricted stock at March 31, 2023 |  |  | 2.53 |  |  |  |
Performance metrics and measurement period for these performance awards | Below is a summary of the performance metrics and measurement period for these performance awards:
Performance Measurement Period |  | Three years with additional service requirement to the third anniversary of the date of the grant
Maximum Performance Target Level |  | 200% of target level
Percentage of maximum performance stock units that vest if performance metrics meet the threshold level (1) |  | 25% or 0.37 PSUs
Percentage of maximum performance stock units that vest if performance metrics are at target (1) |  | 50% or 0.73 PSUs
Percentage of maximum performance stock units that vest if performance metrics are at the maximum (1) |  | 100% or 1.47 PSUs
Most likely performance metrics outcome estimated to be achieved at the time performance stock units were issued |  | Target
Assumed forfeiture rate for performance stock unit awards |  | 5%
Number of PSUs that vest based on maximum amount of PSUs assumed to vest of 1.47.
CUSA |
Summary of Restricted Stock and Restricted Stock Unit Award Activity |
|  | Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
Compensation expense recognized during the period: |  |  |  |  |  |
CUSA employees |  | $ | 3.6 |  |  | $ | 4.0 |
Holdings directors |  |  | 0.3 |  |  |  | 0.2 |
Total recognized by Holdings |  | $ | 3.9 |  |  | $ | 4.2 |
Fair value of restricted stock that vested during the period: |  |  |  |  |  |
CUSA employees |  | $ | 6.9 |  |  | $ | 5.6 |
Holdings directors |  |  | — |  |  |  | — |
Holdings total |  | $ | 6.9 |  |  | $ | 5.6 |
Income tax benefit related to vested restricted stock: |  |  |  |  |  |
CUSA employees |  | $ | 0.8 |  |  | $ | 0.8 |
Holdings directors |  |  | — |  |  |  | — |
Holdings total income tax benefit |  | $ | 0.8 |  |  | $ | 0.8 |
Restricted Stock |
Summary of Restricted Stock and Restricted Stock Unit Award Activity | As of March 31, 2023, the estimated remaining unrecognized compensation expense related to unvested restricted stock awards was as follows:
|  | Estimated |
|  | Remaining |
|  | Expense |
CUSA employees (1) |  | $ | 29.5 |
Holdings directors |  |  | 0.5 |
Total remaining - Holdings (1) |  | $ | 30.0 |
Performance Shares [Member] |
Summary of Restricted Stock and Restricted Stock Unit Award Activity | Below is a summary of performance stock unit activity for the periods presented:
|  | Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
Number of performance stock units that vested during the period |  |  | 0.1 |  |  |  | 0.1 |
Fair value of performance stock units that vested during the period |  | $ | 1.2 |  |  | $ | 1.7 |
Accumulated dividends paid upon vesting of performance stock units |  | $ | 0.2 |  |  | $ | 0.3 |
Compensation expense recognized during the period |  | $ | 1.8 |  |  | $ | 0.9 |
Income tax benefit related to performance stock units |  | $ | — |  |  | $ | 0.3 |

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + 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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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: | dtr-types: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 https://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 https://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 https://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 https://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=cnk_CusaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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_PerformanceSharesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |