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Condensed Consolidated Statements of Cash Flows Supplemental Information

3 Months Ended

Mar. 31, 2023

Supplemental Cash Flow Elements [Abstract]

Condensed Consolidated Statements of Cash Flows Supplemental Information

9. Condensed Consolidated Statements of Cash Flows – Supplemental Information

(a)

Changes in other operating assets and liabilities


	Three Months Ended
	March 31,
(In thousands of U.S. Dollars)		2023				2022
(Increase) decrease in:
Financing receivables	$		(1,625	)	$		3,916
Prepaid expenses			(2,406	)			(2,413	)
Variable consideration receivables			(3,440	)			829
Other assets			80				209
Increase (decrease) in:
Accounts payable			513				2,184
Accrued and other liabilities			(1,466	)			(14,911	)
	$		(8,344	)	$		(10,186	)

(b)

Depreciation and amortization


	Three Months Ended
	March 31,
(In thousands of U.S. Dollars)		2023			2022
Film assets	$		3,452	$		3,178
Property, plant and equipment:
Equipment supporting joint revenue sharing arrangements			5,772			5,548
Other property, plant and equipment(1)			2,287			2,028
Other intangible assets(2)			1,399			1,532
Other assets(3)			410			455
	$		13,320	$		12,741

(1)

Includes the amortization of laser projection systems, camera, and lens upgrades recorded in Research and Development on the Condensed Consolidated Statement of Operations of $0.1 million in the three months ended March 31, 2023 (2022 — $0.2 million).

(2)

Includes the amortization of licenses and intellectual property recorded in Research and Development on the Condensed Consolidated Statement of Operations of $0.3 million in the three months ended March 31, 2023 (2022 — $0.3 million).

(3)

Includes the amortization of lessee incentives provided by the Company to its customers under joint revenue sharing arrangements.

(c)

Write-downs


	Three Months Ended
	March 31,
(In thousands of U.S. Dollars)		2023			2022
Property, plant and equipment:
Equipment supporting joint revenue sharing arrangements(1)	$		297	$		202
Other property, plant and equipment			1			2
Inventories			6			12
Film assets			—			165
	$		304	$		381

(1)

In the three months ended March 31, 2023, the Company recorded charges of $0.3 million (2022 — $0.2 million) in Costs and Expenses Applicable to Revenues ― Technology Rentals mostly related to the write-down of leased xenon-based digital systems which were taken out of service in connection with customer upgrades to laser-based digital systems, as well as the closure of one IMAX System.

(d)

Significant non-cash investing activities


	Three Months Ended
	March 31,
(In thousands of U.S. Dollars)		2023				2022
Net (decrease) increase in accruals related to:
Investment in equipment supporting joint revenue sharing arrangements	$		(764	)	$		1,133
Acquisition of other intangible assets			(22	)			32
Purchases of property, plant and equipment			548				—
	$		(238	)	$		1,165