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Revenue from Contracts with Customers (Tables) | 9 Months Ended
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Sep. 30, 2021
Revenue From Contract With Customer [Abstract] |
Disaggregation of Revenue by Segment | The following tables summarize the Company’s revenues by type and reportable segment for the three and nine months ended September 30, 2021:
| Three Months Ended September 30, 2021 |
| Revenue from |  |  |  |  |  |  |  |  |  |  |  |
| Contracts with Customers |  |  | Revenue from |  |  |  |  |  |  |  |  |
(In thousands of U.S. Dollars) | Fixed Consideration |  |  | Variable Consideration |  |  | Lease Arrangements |  |  | Finance Income |  |  | Total |
Technology sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX Systems(1) | $ |  | 9,701 |  |  | $ |  | 802 |  |  | $ |  |  | 98 |  |  | $ |  | — |  |  | $ |  | 10,601 |
Joint Revenue Sharing Arrangements, fixed fees |  |  | — |  |  |  |  | — |  |  |  |  |  | 1,036 |  |  |  |  | — |  |  |  |  | 1,036 |
Other Theater Business |  |  | 363 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 363 |
Other sales(2) |  |  | 1,154 |  |  |  |  | 6 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1,160 |
Sub-total |  |  | 11,218 |  |  |  |  | 808 |  |  |  |  |  | 1,134 |  |  |  |  | — |  |  |  |  | 13,160 |
Image enhancement and maintenance services |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX DMR |  |  | — |  |  |  |  | 15,701 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 15,701 |
IMAX Maintenance |  |  | 13,055 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 13,055 |
Film Post-Production |  |  | 899 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 899 |
Film Distribution |  |  | 203 |  |  |  |  | 496 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 699 |
Other |  |  | — |  |  |  |  | 234 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 234 |
Sub-total |  |  | 14,157 |  |  |  |  | 16,431 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 30,588 |
Technology rentals |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Joint Revenue Sharing Arrangements, contingent rent |  |  | — |  |  |  |  | — |  |  |  |  |  | 9,887 |  |  |  |  | — |  |  |  |  | 9,887 |
Other |  |  | — |  |  |  |  | — |  |  |  |  |  | 332 |  |  |  |  | — |  |  |  |  | 332 |
Sub-total |  |  | — |  |  |  |  | — |  |  |  |  |  | 10,219 |  |  |  |  | — |  |  |  |  | 10,219 |
Finance income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX Systems |  |  | — |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | 2,635 |  |  |  |  | 2,635 |
Total | $ |  | 25,375 |  |  | $ |  | 17,239 |  |  | $ |  |  | 11,353 |  |  | $ |  | 2,635 |  |  | $ |  | 56,602 |
| Nine Months Ended September 30, 2021 |
| Revenue from |  |  |  |  |  |  |  |  |  |  |  |
| Contracts with Customers |  |  | Revenue from |  |  |  |  |  |  |  |  |
(In thousands of U.S. Dollars) | Fixed consideration |  |  | Variable consideration |  |  | Lease Arrangements |  |  | Finance Income |  |  | Total |
Technology sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX Systems(1) | $ |  | 20,143 |  |  | $ |  | 2,573 |  |  | $ |  |  | 4,220 |  |  | $ |  | — |  |  | $ |  | 26,936 |
Joint Revenue Sharing Arrangements, fixed fees |  |  | — |  |  |  |  | — |  |  |  |  |  | 3,776 |  |  |  |  | — |  |  |  |  | 3,776 |
Other Theater Business |  |  | 1,275 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1,275 |
Other sales(2) |  |  | 2,474 |  |  |  |  | 47 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 2,521 |
Sub-total |  |  | 23,892 |  |  |  |  | 2,620 |  |  |  |  |  | 7,996 |  |  |  |  | — |  |  |  |  | 34,508 |
Image enhancement and maintenance services |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX DMR |  |  | — |  |  |  |  | 39,438 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 39,438 |
IMAX Maintenance |  |  | 33,196 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 33,196 |
Film Post-Production |  |  | 2,886 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 2,886 |
Film Distribution |  |  | 204 |  |  |  |  | 911 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1,115 |
Other |  |  | — |  |  |  |  | 279 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 279 |
Sub-total |  |  | 36,286 |  |  |  |  | 40,628 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 76,914 |
Technology rentals |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Joint Revenue Sharing Arrangements, contingent rent |  |  | — |  |  |  |  | — |  |  |  |  |  | 26,108 |  |  |  |  | — |  |  |  |  | 26,108 |
Other |  |  | — |  |  |  |  | — |  |  |  |  |  | 600 |  |  |  |  | — |  |  |  |  | 600 |
Sub-total |  |  | — |  |  |  |  | — |  |  |  |  |  | 26,708 |  |  |  |  | — |  |  |  |  | 26,708 |
Finance income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX Systems |  |  | — |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | 8,181 |  |  |  |  | 8,181 |
Total | $ |  | 60,178 |  |  | $ |  | 43,248 |  |  | $ |  |  | 34,704 |  |  | $ |  | 8,181 |  |  | $ |  | 146,311 |
(1) | Includes r evenues earned from sales or sales-type lease arrangements involving new and upgraded IMAX Theater Systems, as well as the impact on revenue of renewals and amendments to existing theater system arrangements.
(2) | Other sales include revenues associated with New Business Initiatives.
The following tables summarize the Company’s revenues by type and reportable segment for the three and nine months ended September 30, 2020:
| Three Months Ended September 30, 2020 |
| Revenue from |  |  |  |  |  |  |  |  |  |  |  |
| Contracts with Customers |  |  | Revenue from |  |  |  |  |  |  |  |  |
(In thousands of U.S. Dollars) | Fixed Consideration |  |  | Variable Consideration |  |  | Lease Arrangements |  |  | Finance Income |  |  | Total |
Technology sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX Systems(1)(2) | $ |  | 12,356 |  |  | $ |  | 1,481 |  |  | $ |  |  | 1,159 |  |  | $ |  | — |  |  | $ |  | 14,996 |
Joint Revenue Sharing Arrangements, fixed fees |  |  | — |  |  |  |  | — |  |  |  |  |  | 57 |  |  |  |  | — |  |  |  |  | 57 |
Other Theater Business |  |  | 307 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 307 |
Other sales(3) |  |  | 378 |  |  |  |  | 15 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 393 |
Sub-total |  |  | 13,041 |  |  |  |  | 1,496 |  |  |  |  |  | 1,216 |  |  |  |  | — |  |  |  |  | 15,753 |
Image enhancement and maintenance services |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX DMR |  |  | — |  |  |  |  | 6,886 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 6,886 |
IMAX Maintenance |  |  | 5,855 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 5,855 |
Film Post-Production |  |  | 739 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 739 |
Film Distribution |  |  | 750 |  |  |  |  | 376 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1,126 |
Other |  |  | — |  |  |  |  | (17 | ) |  |  |  |  | — |  |  |  |  | — |  |  |  |  | (17 | )
Sub-total |  |  | 7,344 |  |  |  |  | 7,245 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 14,589 |
Technology rentals |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Joint Revenue Sharing Arrangements, contingent rent |  |  | — |  |  |  |  | — |  |  |  |  |  | 4,473 |  |  |  |  | — |  |  |  |  | 4,473 |
Sub-total |  |  | — |  |  |  |  | — |  |  |  |  |  | 4,473 |  |  |  |  | — |  |  |  |  | 4,473 |
Finance income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX Systems |  |  | — |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | 2,441 |  |  |  |  | 2,441 |
Total | $ |  | 20,385 |  |  | $ |  | 8,741 |  |  | $ |  |  | 5,689 |  |  | $ |  | 2,441 |  |  | $ |  | 37,256 |
| Nine Months Ended September 30, 2020 |
| Revenue from |  |  |  |  |  |  |  |  |  |  |  |
| Contracts with Customers |  |  | Revenue from |  |  |  |  |  |  |  |  |
(In thousands of U.S. Dollars) | Fixed consideration |  |  | Variable consideration |  |  | Lease Arrangements |  |  | Finance Income |  |  | Total |
Technology sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX Systems(1)(2) | $ |  | 14,711 |  |  | $ |  | 3,143 |  |  | $ |  |  | 2,325 |  |  | $ |  | — |  |  | $ |  | 20,179 |
Joint Revenue Sharing Arrangements, fixed fees |  |  | — |  |  |  |  | — |  |  |  |  |  | 1,196 |  |  |  |  | — |  |  |  |  | 1,196 |
Other Theater Business |  |  | 1,261 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1,261 |
Other sales(3) |  |  | 1,361 |  |  |  |  | 105 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1,466 |
Sub-total |  |  | 17,333 |  |  |  |  | 3,248 |  |  |  |  |  | 3,521 |  |  |  |  | — |  |  |  |  | 24,102 |
Image enhancement and maintenance services |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX DMR |  |  | — |  |  |  |  | 18,061 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 18,061 |
IMAX Maintenance |  |  | 13,225 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 13,225 |
Film Post-production |  |  | 3,088 |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 3,088 |
Film Distribution |  |  | 3,000 |  |  |  |  | 1,453 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 4,453 |
Other |  |  |  |  |  |  |  | 282 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 282 |
Sub-total |  |  | 19,313 |  |  |  |  | 19,796 |  |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 39,109 |
Technology rentals |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Joint Revenue Sharing Arrangements, contingent rent |  |  | — |  |  |  |  | — |  |  |  |  |  | 10,307 |  |  |  |  | — |  |  |  |  | 10,307 |
Sub-total |  |  | — |  |  |  |  | — |  |  |  |  |  | 10,307 |  |  |  |  | — |  |  |  |  | 10,307 |
Finance income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
IMAX Systems |  |  | — |  |  |  |  | — |  |  |  |  |  | — |  |  |  |  | 7,495 |  |  |  |  | 7,495 |
Total | $ |  | 36,646 |  |  | $ |  | 23,044 |  |  | $ |  |  | 13,828 |  |  | $ |  | 7,495 |  |  | $ |  | 81,013 |
(1) | Includes r evenues earned from sales or sales-type lease arrangements involving new and upgraded IMAX Theater Systems, as well as the impact on revenue of renewals and amendments to existing theater system arrangements.
(2) | Prior period comparatives have been revised to appropriately classify $1.1 million and $2.3 million, respectively, of fixed consideration under revenue from contracts with customers to revenue from lease arrangements for the three and nine months ended September 30, 2020.
(3) | Other sales include revenues associated with New Business Initiatives.

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