|
CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Details 2) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2014
|
Sep. 30, 2013
|
Sep. 30, 2014
|
Sep. 30, 2013
|
|
| Revenues | ||||
| Admissions | $ 417,448 | $ 466,988 | $ 1,305,135 | $ 1,365,178 |
| Food and beverage | 189,065 | 201,612 | 582,426 | 589,026 |
| Other theatre | 27,391 | 27,384 | 95,674 | 82,247 |
| Total revenues | 633,904 | 695,984 | 1,983,235 | 2,036,451 |
| Operating costs and expenses | ||||
| Film exhibition costs | 220,608 | 242,006 | 689,928 | 718,725 |
| Food and beverage costs | 27,209 | 26,284 | 82,673 | 80,032 |
| Operating expense | 177,949 | 182,630 | 546,925 | 534,059 |
| Rent | 112,258 | 111,865 | 341,063 | 339,213 |
| General and administrative: | ||||
| Merger, acquisition and transaction costs | 78 | 299 | 1,012 | 1,952 |
| Other | 12,961 | 26,450 | 46,330 | 59,797 |
| Depreciation and amortization | 54,327 | 48,603 | 160,854 | 147,435 |
| Operating costs and expenses | 605,390 | 638,137 | 1,868,785 | 1,881,213 |
| Operating income | 28,514 | 57,847 | 114,450 | 155,238 |
| Other expense (income) | ||||
| Other expense (income) | (11) | 110 | (8,397) | (184) |
| Interest expense: | ||||
| Corporate borrowings | 26,897 | 32,221 | 84,544 | 97,704 |
| Capital and financing lease obligations | 2,448 | 2,606 | 7,459 | 7,914 |
| Equity in earnings of non-consolidated entities | (13,087) | (14,323) | (17,300) | (38,143) |
| Investment expense (income) | 181 | (69) | (7,504) | (3,406) |
| Total other expense | 16,428 | 20,545 | 58,802 | 63,885 |
| Earnings from continuing operations before income taxes | 12,086 | 37,302 | 55,648 | 91,353 |
| Income tax provision | 4,710 | 3,430 | 21,700 | 10,860 |
| Earnings from continuing operations | 7,376 | 33,872 | 33,948 | 80,493 |
| Gain (loss) from discontinued operations, net of income taxes | (407) | 313 | 4,290 | |
| Net earnings | 7,376 | 33,465 | 34,261 | 84,783 |
|
Consolidating Adjustments
|
||||
| Other expense (income) | ||||
| Equity in net (earnings) loss of subsidiaries | 3,804 | 29,475 | 23,124 | 72,774 |
| Interest expense: | ||||
| Corporate borrowings | (36,427) | (42,758) | (113,631) | (131,404) |
| Investment expense (income) | 36,427 | 42,758 | 113,631 | 131,404 |
| Total other expense | 3,804 | 29,475 | 23,124 | 72,774 |
| Earnings from continuing operations before income taxes | (3,804) | (29,475) | (23,124) | (72,774) |
| Earnings from continuing operations | (29,475) | (23,124) | (72,774) | |
| Net earnings | (3,804) | (29,475) | (23,124) | (72,774) |
|
AMCE | Reportable Entity
|
||||
| Operating costs and expenses | ||||
| Operating expense | 49 | 5 | (15) | 174 |
| General and administrative: | ||||
| Operating costs and expenses | 49 | 5 | (15) | 174 |
| Operating income | (49) | (5) | 15 | (174) |
| Other expense (income) | ||||
| Equity in net (earnings) loss of subsidiaries | (4,292) | (29,913) | (24,585) | (73,430) |
| Interest expense: | ||||
| Corporate borrowings | 26,821 | 32,359 | 84,376 | 98,039 |
| Equity in earnings of non-consolidated entities | 2 | |||
| Investment expense (income) | (29,954) | (35,916) | (94,037) | (109,568) |
| Total other expense | (7,425) | (33,470) | (34,246) | (84,957) |
| Earnings from continuing operations before income taxes | 7,376 | 33,465 | 34,261 | 84,783 |
| Earnings from continuing operations | 33,465 | 34,261 | 84,783 | |
| Net earnings | 7,376 | 33,465 | 34,261 | 84,783 |
|
Subsidiary Guarantors | Reportable Entity
|
||||
| Revenues | ||||
| Admissions | 416,306 | 465,941 | 1,301,733 | 1,361,942 |
| Food and beverage | 188,591 | 201,164 | 580,978 | 587,634 |
| Other theatre | 27,293 | 27,332 | 95,433 | 82,031 |
| Total revenues | 632,190 | 694,437 | 1,978,144 | 2,031,607 |
| Operating costs and expenses | ||||
| Film exhibition costs | 220,012 | 241,533 | 688,307 | 717,241 |
| Food and beverage costs | 27,095 | 26,191 | 82,328 | 79,735 |
| Operating expense | 176,972 | 181,717 | 543,979 | 531,084 |
| Rent | 111,715 | 111,365 | 339,501 | 337,730 |
| General and administrative: | ||||
| Merger, acquisition and transaction costs | 78 | 299 | 1,012 | 1,952 |
| Other | 12,951 | 26,449 | 46,318 | 59,795 |
| Depreciation and amortization | 54,316 | 48,593 | 160,802 | 147,403 |
| Operating costs and expenses | 603,139 | 636,147 | 1,862,247 | 1,874,940 |
| Operating income | 29,051 | 58,290 | 115,897 | 156,667 |
| Other expense (income) | ||||
| Equity in net (earnings) loss of subsidiaries | 488 | 438 | 1,461 | 656 |
| Other expense (income) | (11) | 110 | (8,397) | (184) |
| Interest expense: | ||||
| Corporate borrowings | 36,503 | 42,620 | 113,799 | 131,069 |
| Capital and financing lease obligations | 2,448 | 2,606 | 7,459 | 7,914 |
| Equity in earnings of non-consolidated entities | (13,087) | (14,323) | (17,300) | (38,132) |
| Investment expense (income) | (6,292) | (6,911) | (27,097) | (24,976) |
| Total other expense | 20,049 | 24,540 | 69,925 | 76,347 |
| Earnings from continuing operations before income taxes | 9,002 | 33,750 | 45,972 | 80,320 |
| Income tax provision | 4,710 | 3,430 | 21,700 | 10,860 |
| Earnings from continuing operations | 30,320 | 24,272 | 69,460 | |
| Gain (loss) from discontinued operations, net of income taxes | (407) | 313 | 3,970 | |
| Net earnings | 4,292 | 29,913 | 24,585 | 73,430 |
|
Subsidiary Non-Guarantors | Reportable Entity
|
||||
| Revenues | ||||
| Admissions | 1,142 | 1,047 | 3,402 | 3,236 |
| Food and beverage | 474 | 448 | 1,448 | 1,392 |
| Other theatre | 98 | 52 | 241 | 216 |
| Total revenues | 1,714 | 1,547 | 5,091 | 4,844 |
| Operating costs and expenses | ||||
| Film exhibition costs | 596 | 473 | 1,621 | 1,484 |
| Food and beverage costs | 114 | 93 | 345 | 297 |
| Operating expense | 928 | 908 | 2,961 | 2,801 |
| Rent | 543 | 500 | 1,562 | 1,483 |
| General and administrative: | ||||
| Other | 10 | 1 | 12 | 2 |
| Depreciation and amortization | 11 | 10 | 52 | 32 |
| Operating costs and expenses | 2,202 | 1,985 | 6,553 | 6,099 |
| Operating income | (488) | (438) | (1,462) | (1,255) |
| Interest expense: | ||||
| Equity in earnings of non-consolidated entities | (13) | |||
| Investment expense (income) | (1) | (266) | ||
| Total other expense | (1) | (279) | ||
| Earnings from continuing operations before income taxes | (488) | (438) | (1,461) | (976) |
| Earnings from continuing operations | (438) | (1,461) | (976) | |
| Gain (loss) from discontinued operations, net of income taxes | 320 | |||
| Net earnings | $ (488) | $ (438) | $ (1,461) | $ (656) |