|
CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2014
|
Jun. 30, 2013
|
Jun. 30, 2014
|
Jun. 30, 2013
|
|
| 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) losses 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 |
|
Consolidating Adjustments
|
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| Other expense (income) | ||||
| Equity in net (earnings) loss of subsidiaries | 27,742 | 57,841 | 19,320 | 43,299 |
| Interest expense: | ||||
| Corporate borrowings | (37,500) | (43,962) | (77,204) | (88,646) |
| Investment expense (income) | 37,500 | 43,962 | 77,204 | 88,646 |
| Total other expense | 27,742 | 57,841 | 19,320 | 43,299 |
| Earnings from continuing operations before income taxes | (27,742) | (57,841) | (19,320) | (43,299) |
| Earnings from continuing operations | (27,742) | (57,841) | (19,320) | (43,299) |
| Net earnings | (27,742) | (57,841) | (19,320) | (43,299) |
|
AMCE | Reportable Entity
|
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| Operating costs and expenses | ||||
| Operating expense | 16 | 158 | (64) | 169 |
| General and administrative: | ||||
| Operating costs and expenses | 16 | 158 | (64) | 169 |
| Operating income | (16) | (158) | 64 | (169) |
| Other expense (income) | ||||
| Equity in net (earnings) loss of subsidiaries | (28,261) | (57,888) | (20,293) | (43,517) |
| Interest expense: | ||||
| Corporate borrowings | 27,937 | 32,539 | 57,555 | 65,680 |
| Equity in (earnings) losses of non-consolidated entities | 2 | |||
| Investment expense (income) | (31,085) | (36,385) | (64,083) | (73,652) |
| Total other expense | (31,409) | (61,734) | (26,821) | (51,487) |
| Earnings from continuing operations before income taxes | 31,393 | 61,576 | 26,885 | 51,318 |
| Earnings from continuing operations | 31,393 | 61,576 | 26,885 | 51,318 |
| Net earnings | 31,393 | 61,576 | 26,885 | 51,318 |
|
Subsidiary Guarantors
|
||||
| Condensed consolidated financial information | ||||
| Ownership percentage | 100.00% | 100.00% | ||
|
Subsidiary Guarantors | 9.75% Senior Subordinated Notes due 2020
|
||||
| Condensed consolidated financial information | ||||
| Stated interest rate (as a percent) | 9.75% | 9.75% | ||
|
Subsidiary Guarantors | 5.875% Senior Subordinated Notes due 2022
|
||||
| Condensed consolidated financial information | ||||
| Stated interest rate (as a percent) | 5.88% | 5.88% | ||
|
Subsidiary Guarantors | Reportable Entity
|
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| Revenues | ||||
| Admissions | 477,481 | 514,141 | 885,427 | 896,001 |
| Food and beverage | 211,070 | 218,959 | 392,387 | 386,470 |
| Other theatre | 36,234 | 27,820 | 68,140 | 54,699 |
| Total revenues | 724,785 | 760,920 | 1,345,954 | 1,337,170 |
| Operating costs and expenses | ||||
| Film exhibition costs | 256,663 | 284,834 | 468,295 | 475,708 |
| Food and beverage costs | 30,228 | 30,448 | 55,233 | 53,544 |
| Operating expense | 188,189 | 186,132 | 367,007 | 349,367 |
| Rent | 113,316 | 113,035 | 227,786 | 226,365 |
| General and administrative: | ||||
| Merger, acquisition and transaction costs | 572 | 706 | 934 | 1,653 |
| Other | 15,148 | 17,033 | 33,367 | 33,346 |
| Depreciation and amortization | 51,737 | 50,356 | 106,486 | 98,810 |
| Operating costs and expenses | 655,853 | 682,544 | 1,259,108 | 1,238,793 |
| Operating income | 68,932 | 78,376 | 86,846 | 98,377 |
| Other expense (income) | ||||
| Equity in net (earnings) loss of subsidiaries | 519 | 47 | 973 | 218 |
| Other income | (4,157) | (294) | (8,386) | (294) |
| Interest expense: | ||||
| Corporate borrowings | 37,552 | 43,733 | 77,296 | 88,449 |
| Capital and financing lease obligations | 2,486 | 2,637 | 5,011 | 5,308 |
| Equity in (earnings) losses of non-consolidated entities | (9,597) | (23,252) | (4,213) | (23,809) |
| Investment expense (income) | (6,243) | (7,115) | (20,805) | (18,065) |
| Total other expense | 20,560 | 15,756 | 49,876 | 51,807 |
| Earnings from continuing operations before income taxes | 48,372 | 62,620 | 36,970 | 46,570 |
| Income tax provision | 20,090 | 4,330 | 16,990 | 7,430 |
| Earnings from continuing operations | 28,282 | 58,290 | 19,980 | 39,140 |
| Gain (loss) from discontinued operations, net of income taxes | (21) | (402) | 313 | 4,377 |
| Net earnings | 28,261 | 57,888 | 20,293 | 43,517 |
|
Subsidiary Non-Guarantors | Reportable Entity
|
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| Revenues | ||||
| Admissions | 1,186 | 1,165 | 2,260 | 2,189 |
| Food and beverage | 527 | 518 | 974 | 944 |
| Other theatre | 75 | 62 | 143 | 164 |
| Total revenues | 1,788 | 1,745 | 3,377 | 3,297 |
| Operating costs and expenses | ||||
| Film exhibition costs | 557 | 561 | 1,025 | 1,011 |
| Food and beverage costs | 113 | 102 | 231 | 204 |
| Operating expense | 1,078 | 929 | 2,033 | 1,893 |
| Rent | 545 | 507 | 1,019 | 983 |
| General and administrative: | ||||
| Other | 1 | 1 | 2 | 1 |
| Depreciation and amortization | 13 | 14 | 41 | 22 |
| Operating costs and expenses | 2,307 | 2,114 | 4,351 | 4,114 |
| Operating income | (519) | (369) | (974) | (817) |
| Interest expense: | ||||
| Equity in (earnings) losses of non-consolidated entities | (22) | (13) | ||
| Investment expense (income) | (180) | (1) | (266) | |
| Total other expense | (202) | (1) | (279) | |
| Earnings from continuing operations before income taxes | (519) | (167) | (973) | (538) |
| Earnings from continuing operations | (519) | (167) | (973) | (538) |
| Gain (loss) from discontinued operations, net of income taxes | 120 | 320 | ||
| Net earnings | $ (519) | $ (47) | $ (973) | $ (218) |