v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Total revenue $ 734.2 $ 942.3 $ 1,313.4 $ 1,553.0
Cost of operations        
Depreciation and amortization 49.8 52.8 99.2 107.7
Impairment of long-lived and other assets 0.0 9.4 0.0 10.1
Other income (expense)        
Interest expense [1] (34.6) (37.1) (72.3) (73.9)
Loss on debt amendments and extinguishments (2.5) (10.7) (2.5) (10.7)
Net income attributable to Cinemark Holdings, Inc. $ 45.8 $ 119.1 $ 70.6 $ 116.0
Weighted average shares outstanding        
Basic 119.9 119.1 119.7 118.9
Diluted 153.4 151.7 153.3 151.5
(Loss) income per share attributable to Cinemark Holdings, Inc.'s common stockholders        
Basic $ 0.37 $ 0.98 $ 0.58 $ 0.96
Diluted $ 0.32 $ 0.8 $ 0.51 $ 0.82
NCM        
Other income (expense)        
Interest expense - NCM     $ (11.1) $ (11.4)
CNK        
Revenue        
Total revenue $ 734.2 $ 942.3 1,313.4 1,553.0
Cost of operations        
Film rentals and advertising 204.0 278.0 358.3 444.7
Concession supplies 56.6 67.4 100.6 111.0
Salaries and wages 97.3 112.1 184.2 198.3
Facility lease expense 81.5 87.0 158.8 166.5
Utilities and other 104.7 120.2 205.1 224.0
General and administrative expense 55.7 50.0 104.6 96.5
Depreciation and amortization 49.8 52.8 99.2 107.7
Impairment of long-lived and other assets 0.0 9.4 0.0 10.1
Loss (gain) on disposal of assets and other 1.7 (3.0) 2.1 (2.7)
Total cost of operations 651.3 773.9 1,212.9 1,356.1
Operating income 82.9 168.4 100.5 196.9
Other income (expense)        
Interest expense (34.6) (37.1) (72.3) (73.9)
Interest income 12.5 13.0 26.1 24.9
Loss on debt amendments and extinguishments (2.5) (10.7) (2.5) (10.7)
Foreign currency exchange and other related loss (6.3) (6.2) (4.9) (8.4)
Equity in income (loss) of affiliates 2.5 1.8 6.3 (0.3)
Net (loss) gain on investment in NCMI (3.2) 9.2 1.2 9.2
Total other expense (37.2) (35.7) (57.2) (70.6)
Income before income taxes 45.7 132.7 43.3 126.3
Income tax (benefit) expense (0.9) 12.3 (28.6) 8.4
Net income 46.6 120.4 71.9 117.9
Less: Net income attributable to noncontrolling interests 0.8 1.3 1.3 1.9
Net income attributable to Cinemark Holdings, Inc. $ 45.8 $ 119.1 $ 70.6 $ 116.0
Weighted average shares outstanding        
Basic 119.9 119.1 119.7 118.9
Diluted 153.4 151.7 153.3 151.5
(Loss) income per share attributable to Cinemark Holdings, Inc.'s common stockholders        
Basic $ 0.37 $ 0.98 $ 0.58 $ 0.96
Diluted $ 0.32 $ 0.8 $ 0.51 $ 0.82
CNK | NCM        
Other income (expense)        
Interest expense - NCM $ (5.6) $ (5.7) $ (11.1) $ (11.4)
CNK | Admissions        
Revenue        
Total revenue 365.8 478.4 655.6 789.4
CNK | Concession        
Revenue        
Total revenue 292.9 373.4 517.1 609.2
CNK | Other        
Revenue        
Total revenue 75.5 90.5 140.7 154.4
CUSA        
Revenue        
Total revenue 734.2 942.3 1,313.4 1,553.0
Cost of operations        
Film rentals and advertising 204.0 278.0 358.3 444.7
Concession supplies 56.6 67.4 100.6 111.0
Salaries and wages 97.3 112.1 184.2 198.3
Facility lease expense 81.5 87.0 158.8 166.5
Utilities and other 104.7 120.2 205.1 224.0
General and administrative expense 54.7 49.1 102.7 94.7
Depreciation and amortization 49.8 52.8 99.2 107.7
Impairment of long-lived and other assets 0.0 9.4 0.0 10.1
Loss (gain) on disposal of assets and other 1.7 (3.0) 2.1 (2.7)
Total cost of operations 650.3 773.0 1,211.0 1,354.3
Operating income 83.9 169.3 102.4 198.7
Other income (expense)        
Interest expense (28.6) (31.0) (60.2) (61.8)
Interest income 9.4 10.1 19.7 19.3
Loss on debt amendments and extinguishments (2.5) (10.7) (2.5) (10.7)
Foreign currency exchange and other related loss (6.3) (6.2) (4.9) (8.4)
Equity in income (loss) of affiliates 2.5 1.8 6.3 (0.3)
Net (loss) gain on investment in NCMI (3.2) 9.2 1.2 9.2
Total other expense (34.3) (32.5) (51.5) (64.1)
Income before income taxes 49.6 136.8 50.9 134.6
Income tax (benefit) expense (1.3) 15.3 (27.9) 6.8
Net income 50.9 121.5 78.8 127.8
Less: Net income attributable to noncontrolling interests 0.8 1.3 1.3 1.9
Net income attributable to Cinemark Holdings, Inc. 50.1 120.2 77.5 125.9
CUSA | NCM        
Other income (expense)        
Interest expense - NCM (5.6) (5.7) (11.1) (11.4)
CUSA | Admissions        
Revenue        
Total revenue 365.8 478.4 655.6 789.4
CUSA | Concession        
Revenue        
Total revenue 292.9 373.4 517.1 609.2
CUSA | Other        
Revenue        
Total revenue $ 75.5 $ 90.5 $ 140.7 $ 154.4
[1] Includes amortization of debt issuance costs, amortization of original issue discount, and amortization of accumulated gains for amended swap agreements.

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