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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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Jun. 30, 2013
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| Revenues | ||||
| Admissions | $ 478,667 | $ 515,306 | $ 887,687 | $ 898,190 |
| Food and beverage | 211,597 | 219,477 | 393,361 | 387,414 |
| Other theatre | 36,309 | 27,882 | 68,283 | 54,863 |
| Total revenues | 726,573 | 762,665 | 1,349,331 | 1,340,467 |
| Operating costs and expenses | ||||
| Film exhibition costs | 257,220 | 285,395 | 469,320 | 476,719 |
| Food and beverage costs | 30,341 | 30,550 | 55,464 | 53,748 |
| Operating expense | 189,283 | 187,219 | 368,976 | 351,429 |
| Rent | 113,861 | 113,542 | 228,805 | 227,348 |
| General and administrative: | ||||
| Merger, acquisition and transaction costs | 572 | 706 | 934 | 1,653 |
| Other | 15,149 | 17,034 | 33,369 | 33,347 |
| Depreciation and amortization | 51,750 | 50,370 | 106,527 | 98,832 |
| Operating costs and expenses | 658,176 | 684,816 | 1,263,395 | 1,243,076 |
| Operating income | 68,397 | 77,849 | 85,936 | 97,391 |
| Other expense (income) | ||||
| Other income | (4,157) | (294) | (8,386) | (294) |
| Interest expense: | ||||
| Corporate borrowings | 27,989 | 32,310 | 57,647 | 65,483 |
| Capital and financing lease obligations | 2,486 | 2,637 | 5,011 | 5,308 |
| Equity in earnings of non-consolidated entities | (9,597) | (23,274) | (4,213) | (23,820) |
| Investment expense (income) | 172 | 282 | (7,685) | (3,337) |
| Total other expense | 16,893 | 11,661 | 42,374 | 43,340 |
| Earnings from continuing operations before income taxes | 51,504 | 66,188 | 43,562 | 54,051 |
| Income tax provision | 20,090 | 4,330 | 16,990 | 7,430 |
| Earnings from continuing operations | 31,414 | 61,858 | 26,572 | 46,621 |
| Gain (loss) from discontinued operations, net of income taxes | (21) | (282) | 313 | 4,697 |
| Net earnings | $ 31,393 | $ 61,576 | $ 26,885 | $ 51,318 |
| X | ||||||||||
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- Definition
Represents film exhibition costs including film rentals, rebates, taxes and newspaper advertising incurred during the reporting period. No definition available.
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- Definition
The amount, during the lease term, of each minimum capital and financing lease payment allocated to interest expense so as to produce a constant periodic rate of interest on the remaining balance of the capital or financing lease obligation. No definition available.
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| X | ||||||||||
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- Definition
This element represents acquisition-related costs incurred to effect a business combination which have been expensed during the period. These costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs related to the requisition process for equity securities. In addition, this element includes other nonrecurring expenses that may include, but are not limited to, unconsummated business combination expenses, and other nonrecurring business transaction expenses. No definition available.
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| X | ||||||||||
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- Definition
Revenue from admissions (for example, tickets to parks, rides and attractions, theaters, sporting events, and movies), as well as patient admissions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cost related to generating revenue from the sale of food (prepared and cooked-to-order foodstuffs, as well as snack items) and beverages (bottled or on-tap alcoholic beverages, as well as nonalcoholic beverages like carbonated drinks, juices, energy/sports drinks, water, coffee, and tea). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Revenue from sale of food (prepared and cooked-to-order foodstuffs, as well as snack items) and beverages (bottled or on-tap alcoholic beverages, as well as nonalcoholic beverages like carbonated drinks, juices, energy/sports drinks, water, coffee, and tea). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of income from investments (for example, dividends) not considered a component of the entity's core operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
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| X | ||||||||||
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The sum of expenses not otherwise specified in the taxonomy for managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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