v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net income (loss) $ (2.5) $ (72.5)
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:    
Impairment of other assets 0.7 0.0
Share based awards compensation expense 5.7 5.1
Non-cash rent expense (3.9) (2.3)
Investing activities    
Additions to theatre properties and equipment (26.3) (18.7)
Financing activities    
Payments on finance leases (3.5) (3.6)
CNK    
Operating activities    
Net income (loss) (2.5) (72.5)
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:    
Depreciation 54.4 61.1
Amortization of intangible and other assets 0.5 0.6
Amortization of debt issuance costs 2.7 2.7
Amortization of accumulated losses for amended swap agreements (1.5) 1.1
Impairment of other assets 0.7 0.0
Share based awards compensation expense 5.7 5.1
(Gain) loss on disposal of assets and other 0.3 (6.9)
Non-cash rent expense (3.9) (2.3)
Equity in loss of affiliates 2.1 2.2
Deferred income tax benefit (8.8) (3.2)
Distributions from equity investees 0.0 0.6
Changes in assets and liabilities and other (39.4) 104.9
Net cash provided by (used for) operating activities 7.9 (118.8)
Investing activities    
Additions to theatre properties and equipment (26.3) (18.7)
Proceeds from sale of theatre properties and equipment and other 0.0 10.6
Net cash used for investing activities (26.3) (8.1)
Financing activities    
Restricted stock withholdings for payroll taxes (2.0) (1.6)
Repayments of long-term debt (2.6) (3.4)
Payments on finance leases (3.5) (3.6)
Other financing activities 3.2 0.0
Net cash provided by (used for) financing activities (4.9) (8.6)
Effect of exchange rate changes on cash and cash equivalents (1.1) (3.2)
Increase (decrease) in cash and cash equivalents (24.4) (138.7)
Cash and cash equivalents:    
Beginning of period 674.5 707.3
End of period 650.1 568.6
CUSA    
Operating activities    
Net income (loss) 6.3 (61.0)
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:    
Depreciation 54.4 61.1
Amortization of intangible and other assets 0.5 0.6
Amortization of debt issuance costs 1.9 1.9
Amortization of accumulated losses for amended swap agreements (1.5) 1.1
Impairment of other assets 0.7 0.0
Share based awards compensation expense 5.4 4.9
(Gain) loss on disposal of assets and other 0.3 (6.9)
Non-cash rent expense (3.9) (2.3)
Equity in loss of affiliates 2.1 2.2
Deferred income tax benefit (13.3) (7.9)
Distributions from equity investees 0.0 0.6
Changes in assets and liabilities and other (34.8) (100.4)
Net cash provided by (used for) operating activities 15.7 (108.5)
Investing activities    
Additions to theatre properties and equipment (26.3) (18.7)
Proceeds from sale of theatre properties and equipment and other 0.0 10.6
Net cash used for investing activities (26.3) (8.1)
Financing activities    
Restricted stock withholdings for payroll taxes (2.0) (1.6)
Repayments of long-term debt (2.6) (3.4)
Payments on finance leases (3.5) (3.6)
Other financing activities 3.2 0.0
Net cash provided by (used for) financing activities (4.9) (8.6)
Effect of exchange rate changes on cash and cash equivalents (1.1) (3.2)
Increase (decrease) in cash and cash equivalents (16.6) (128.4)
Cash and cash equivalents:    
Beginning of period 427.3 442.7
End of period 410.7 314.3
NCM | CNK    
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:    
Interest accrued on NCM screen advertising advances 5.7 5.8
Amortization of NCM screen advertising advances and other deferred revenues (8.1) (8.2)
NCM | CUSA    
Adjustments to reconcile net income (loss) to cash provided by (used for) operating activities:    
Interest accrued on NCM screen advertising advances 5.7 5.8
Amortization of NCM screen advertising advances and other deferred revenues $ (8.1) $ (8.2)

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