v2.4.0.8
Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating revenue        
Cinema $ 65,854 $ 64,659 $ 119,278 $ 119,429
Real estate 4,068 4,983 8,697 9,780
Total operating revenue 69,922 69,642 127,975 129,209
Operating expense        
Cinema 49,933 51,095 93,723 97,130
Real estate 2,259 2,730 5,234 5,399
Depreciation and amortization 3,865 3,650 7,670 7,640
General and administrative 5,366 4,401 10,267 8,738
Total operating expense 61,423 61,876 116,894 118,907
Operating income 8,499 7,766 11,081 10,302
Interest income 147 199 226 248
Interest expense (2,977) (2,835) (5,352) (5,557)
Loss on sale of assets       (7)
Other income 646 113 1,388 128
Income before income tax expense and equity earnings of unconsolidated joint ventures and entities 6,315 5,243 7,343 5,114
Income tax (expense) (1,842) (1,500) (3,435) (2,389)
Income before equity earnings of unconsolidated joint ventures and entities 4,473 3,743 3,908 2,725
Equity earnings of unconsolidated joint ventures and entities 301 432 611 779
Net Income 4,774 4,175 4,519 3,504
Net (income) loss attributable to noncontrolling interests (15) (40) 23 (36)
Net income attributable to Reading International, Inc. common shareholders $ 4,759 $ 4,135 $ 4,542 $ 3,468
Basic earnings per share attributable to Reading International, Inc. shareholders $ 0.20 $ 0.18 $ 0.19 $ 0.15
Diluted earnings per share attributable to Reading International, Inc. shareholders $ 0.20 $ 0.18 $ 0.19 $ 0.15
Weighted average number of shares outstanding - basic 23,471,776 23,344,057 23,480,429 23,305,466
Weighted average number of shares outstanding - diluted 23,775,923 23,447,250 23,784,576 23,408,659