v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF LOSS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Total revenue $ 744.1 $ 294.6 $ 1,204.6 $ 409.0
Cost of operations        
Film rentals and advertising 222.6 76.6 350.2 99.8
Concession supplies 52.5 18.8 82.5 26.0
Salaries and wages 100.2 50.4 180.0 81.6
Facility lease expense 80.3 67.2 154.0 132.0
Utilities and other 106.5 61.2 193.4 110.3
General and administrative expense 48.2 37.3 88.9 73.2
Depreciation and amortization 61.0 66.9 122.7 135.1
Impairment of investment in NCM 92.3 0.0 92.3 0.0
Restructuring costs (0.2) (0.7) (0.2) (0.9)
(Gain) loss on disposal of assets and other (0.7) 2.3 (7.6) 6.8
Total cost of operations 762.7 380.0 1,256.2 663.9
Operating loss (18.6) (85.4) (51.6) (254.9)
Other income (expense)        
Interest expense (38.1) (37.0) (76.2) (73.6)
Interest income 3.1 3.9 4.7 4.5
Loss on extinguishment of debt (3.9) (6.5)
Foreign currency exchange gain (loss) (3.1) 2.3 0.1 (0.7)
Distributions from NCM 0.1
Equity in loss of affiliates (5.5) (8.1) (7.7) (14.9)
Total other expense (49.5) (48.8) (90.8) (102.9)
Loss before income taxes (68.1) (134.2) (142.4) (357.8)
Income taxes 4.7 8.0 2.9 (6.7)
Net loss (72.8) (142.2) (145.3) (351.1)
Less: Net income (loss) attributable to noncontrolling interests 0.6 0.2 2.1 (0.4)
Net loss attributable to Cinemark Holdings, Inc. $ (73.4) $ (142.4) $ (147.4) $ (350.7)
Weighted average shares outstanding        
Basic 118.2 117.2 118.0 117.2
Diluted 118.2 117.2 118.0 117.2
Loss per share attributable to Cinemark Holdings, Inc.'s common stockholders        
Basic $ (0.61) $ (1.19) $ (1.23) $ (2.94)
Diluted $ (0.61) $ (1.19) $ (1.23) $ (2.94)
NCM        
Cost of operations        
Operating loss $ 5.6 $ (29.7) $ (16.9) $ (57.9)
Other income (expense)        
Interest expense - NCM (5.9) (6.0) (11.7) (11.8)
Net loss attributable to Cinemark Holdings, Inc. (15.1) (46.9) (54.6) (90.4)
Admissions        
Revenue        
Total revenue 381.9 153.5 617.7 209.6
Concession        
Revenue        
Total revenue 286.0 109.8 459.0 149.3
Other        
Revenue        
Total revenue $ 76.2 $ 31.3 $ 127.9 $ 50.1

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