v2.4.0.8
Business Segments (Tables)
6 Months Ended
Jun. 30, 2014
Business Segments [Abstract]  
Quarterly Results Of Operations For Each Of Our Principal Business Segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2014

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

65,854 

$

5,782 

$

(1,714)

$

69,922 

Operating expense

 

51,647 

 

2,259 

 

(1,714)

 

52,192 

Depreciation and amortization

 

2,817 

 

956 

 

--

 

3,773 

General and administrative expense

 

1,203 

 

260 

 

--

 

1,463 

Segment operating income

$

10,187 

$

2,308 

$

--

$

12,495 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2013

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

64,659 

$

6,896 

$

(1,913)

$

69,642 

Operating expense

 

53,008 

 

2,730 

 

(1,913)

 

53,825 

Depreciation and amortization

 

2,525 

 

1,015 

 

--

 

3,540 

General and administrative expense

 

801 

 

214 

 

--

 

1,015 

Segment operating income

$

8,325 

$

2,937 

$

--

$

11,262 

 

Year To Date Results Of Operations For Each Of Our Principal Business Segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2014

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

119,278 

$

12,361 

$

(3,664)

$

127,975 

Operating expense

 

97,387 

 

5,234 

 

(3,664)

 

98,957 

Depreciation and amortization

 

5,613 

 

1,875 

 

--

 

7,488 

General and administrative expense

 

2,101 

 

434 

 

--

 

2,535 

Segment operating income

$

14,177 

$

4,818 

$

--

$

18,995 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2013

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

119,429 

$

13,606 

$

(3,826)

$

129,209 

Operating expense

 

100,956 

 

5,399 

 

(3,826)

 

102,529 

Depreciation and amortization

 

5,285 

 

2,134 

 

--

 

7,419 

General and administrative expense

 

1,571 

 

334 

 

--

 

1,905 

Segment operating income

$

11,617 

$

5,739 

$

--

$

17,356 

 

Quarterly Recociliation To Net Income Attributable To Common Shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income attributable to Reading International, Inc. shareholders:

 

 

 

 

 

2014 Quarter

 

2013 Quarter

Total segment operating income

 

 

 

 

$

12,495 

$

11,262 

Non-segment:

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

91 

 

110 

General and administrative expense

 

 

 

 

 

3,903 

 

3,386 

Operating income

 

 

 

 

 

8,499 

 

7,766 

Interest expense, net

 

 

 

 

 

(2,830)

 

(2,636)

Other income

 

 

 

 

 

646 

 

113 

Income tax expense

 

 

 

 

 

(1,842)

 

(1,500)

Equity earnings of unconsolidated joint ventures and entities

 

 

 

 

 

301 

 

432 

Net income

 

 

 

 

$

4,774 

$

4,175 

Net (income) attributable to noncontrolling interests

 

 

 

 

 

(15)

 

(40)

Net income attributable to Reading International, Inc. common shareholders

 

 

 

 

$

4,759 

$

4,135 

 

Year To Date Reconciliation To Net Income Attributable To Common Shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income attributable

 

 

 

 

 

2014 Six

 

2013 Six

to Reading International, Inc. shareholders:

 

 

 

 

 

Months

 

Months

Total segment operating income

 

 

 

 

$

18,995 

$

17,356 

Non-segment:

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

182 

 

221 

General and administrative expense

 

 

 

 

 

7,732 

 

6,833 

Operating income

 

 

 

 

 

11,081 

 

10,302 

Interest expense, net

 

 

 

 

 

(5,126)

 

(5,309)

Other income

 

 

 

 

 

1,388 

 

128 

Gain (loss) on sale of assets

 

 

 

 

 

--

 

(7)

Income tax expense

 

 

 

 

 

(3,435)

 

(2,389)

Equity earnings of unconsolidated joint ventures and entities

 

 

 

 

 

611 

 

779 

Loss from discontinued operations

 

 

 

 

 

--

 

--

Net income

 

 

 

 

$

4,519 

$

3,504 

Net (income) loss attributable to noncontrolling interests

 

 

 

 

 

23 

 

(36)

Net income attributable to Reading International, Inc. common shareholders

 

 

 

 

$

4,542 

$

3,468