v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 29, 2012
Mar. 31, 2011
Apr. 01, 2010
Cash flows from operating activities:      
Net earnings (loss) $ (81,988) $ (122,853) $ 69,790
Adjustments to reconcile net earnings (loss) to cash provided by operating activities:      
Depreciation and amortization 214,029 212,413 188,342
Impairment of assets 285 12,779 3,765
Deferred income taxes     (66,500)
Loss on extinguishment and modification of debt 538 11,806 3,468
Gains on NCM transactions   (64,441)  
Impairment of RealD Inc. investment 17,751    
Theatre and other closure expense 7,449 60,763 2,573
Loss (gain) on disposition of Cinemex   (569) 7,534
Loss (gain) on dispositions (580) (9,719) 1,260
Equity in earnings and losses from non-consolidated entities, net of distributions 20,553 18,715 5,862
Change in assets and liabilities, net of acquisition:      
Receivables (18,937) 4,261 (2,136)
Other assets (4,693) 671 2,323
Accounts payable 26,747 (30,487) 13,383
Accrued expenses and other liabilities 22,589 (538) 38,030
Other, net (6,416) (729) (9,679)
Net cash provided by operating activities 197,327 92,072 258,015
Cash flows from investing activities:      
Capital expenditures (139,359) (129,347) (97,011)
Acquisition of Kerasotes, net of cash acquired   (280,606)  
Proceeds from NCM, Inc. stock sale   102,224  
Proceeds from disposition of long-term assets 1,474 58,391  
Investments in non-consolidated entities, net (26,880) (1,619)  
Purchase of digital projection equipment for sale/leaseback     (6,784)
Proceeds from sale/leaseback of digital projection equipment 953 4,905 6,570
Proceeds from disposition of Cinemex, net of cash disposed   1,840 4,315
Other, net 98 (5,825) (3,427)
Net cash used in investing activities (163,714) (250,037) (96,337)
Cash flows from financing activities:      
Proceeds from issuance of Senior Subordinated Notes due 2020   600,000  
Proceeds from issuance of Senior Fixed Rate Notes due 2019     585,492
Proceeds from issuance of Term Loan due 2018 297,000    
Repurchase of Senior Fixed Rate Notes due 2012     (250,000)
Repurchase of Senior Subordinated Notes due 2016   (325,000)  
Payment of tender offer and consent solicitation consideration on Senior Subordinated Notes due 2016   (5,801)  
Repayment of Term Loan due 2013 (140,657)    
Repurchase of Senior Subordinated Notes due 2014 (108,965)    
Principal payments under Term Loan (4,875) (6,500) (6,500)
Principal payments under capital and financing lease obligations (3,422) (4,194) (3,423)
Deferred financing costs (6,002) (14,642) (16,434)
Change in construction payables 13,512 (727) 6,714
Repayment of Revolving Credit Facility     (185,000)
Dividends paid to Parent (109,581) (278,258) (329,981)
Net cash used in financing activities (62,990) (35,122) (199,132)
Effect of exchange rate changes on cash and equivalents 556 (1,098) (1,212)
Net decrease in cash and equivalents (28,821) (194,185) (38,666)
Cash and equivalents at beginning of year 301,158 495,343 534,009
Cash and equivalents at end of year 272,337 301,158 495,343
Cash paid (refunded) during the period for:      
Interest (including amounts capitalized of $58, $64, and $14) 159,527 150,618 118,895
Income taxes, net 807 729 (2,033)
Schedule of non-cash investing and financing activities:      
Investment in NCM (See Note 7-Investments)   86,159 2,290
Investment in DCIP (See Note 7-Investments)     21,768
Investment in RealD Inc. (See Note 7-Investments)   $ 27,586