v3.24.0.1
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue      
Total revenue $ 3,066.7 $ 2,454.7 $ 1,510.5
Cost of operations      
Depreciation and amortization 209.5 238.2 265.4
Impairment of long-lived and other assets 16.6 174.1 20.8
Restructuring costs 0.0 (0.5) (1.0)
Other income (expense)      
Interest expense [1] 150.4 155.3 149.7
Loss on debt extinguishment and refinancing 10.7 0.0 6.5
Interest expense - NCM (22.6) (23.2) (23.6)
Total 221.4 (265.0) (439.0)
Income tax (benefit) expense 29.9 3.0 (16.8)
Net (loss) income 191.5 (268.0) (422.2)
Less: Net income attributable to noncontrolling interests 3.3    
Net (loss) income attributable to Cinemark Holdings, Inc. $ 188.2 $ (271.2) $ (422.8)
Weighted average shares outstanding      
Basic 119.1 118.2 117.3
Diluted 152.0 118.2 117.3
(Loss) income per share attributable to Cinemark Holdings, Inc.'s common stockholders      
Basic $ 1.55 $ (2.26) $ (3.55)
Diluted $ 1.34 $ (2.26) $ (3.55)
CUSA [Member]      
Revenue      
Total revenue $ 3,066.7 $ 2,454.7 $ 1,510.5
Cost of operations      
Film rentals and advertising 865.7 704.4 415.0
Concession supplies 221.3 169.3 97.9
Salaries and wages 403.1 372.7 232.9
Facility lease expense 329.7 308.3 280.0
Utilities and other 466.8 407.2 282.9
General and administrative expenses 195.5 174.6 158.5
Depreciation and amortization 209.5 238.2 265.4
Impairment of long-lived and other assets 16.6 174.1 20.8
Restructuring costs 0.0 (0.5) (1.0)
Loss (gain) on disposal of assets and other (7.7) (6.8) 8.0
Total cost of operations 2,700.5 2,541.5 1,760.4
Operating (loss) income 366.2 (86.8) (249.9)
Other income (expense)      
Interest expense (126.3) (131.2) (125.6)
Interest income 43.2 16.5 6.3
Loss on debt extinguishment and refinancing (10.7) 0.0 (6.5)
Foreign currency exchange and other related loss (28.8) (11.5) (1.3)
Equity in income of affiliates 3.6 (9.3) (25.0)
Unrealized gain on investment in NCMI 12.4 0.0 0.0
Total other (expense) income (129.2) (155.0) (162.5)
Total 237.0 (241.8) (412.4)
Income tax (benefit) expense 28.4 (13.1) (32.3)
Net (loss) income 208.6 (228.7) (380.1)
Less: Net income attributable to noncontrolling interests 3.3 3.2 0.6
Net (loss) income attributable to Cinemark Holdings, Inc. 205.3 (231.9) (380.7)
CNK [Member]      
Revenue      
Total revenue 3,066.7 2,454.7 1,510.5
Cost of operations      
Film rentals and advertising 865.7 704.4 415.0
Concession supplies 221.3 169.3 97.9
Salaries and wages 403.1 372.7 232.9
Facility lease expense 329.7 308.3 280.0
Utilities and other 466.8 407.2 282.9
General and administrative expenses 198.8 177.6 161.1
Depreciation and amortization 209.5 238.2 265.4
Impairment of long-lived and other assets 16.6 174.1 20.8
Restructuring costs 0.0 (0.5) (1.0)
Loss (gain) on disposal of assets and other (7.7) (6.8) 8.0
Total cost of operations 2,703.8 2,544.5 1,763.0
Operating (loss) income 362.9 (89.8) (252.5)
Other income (expense)      
Interest expense (150.4) (155.3) (149.7)
Interest income 55.0 20.4 6.4
Loss on debt extinguishment and refinancing (10.7) 0.0 (6.5)
Foreign currency exchange and other related loss (28.8) (11.5) (1.3)
Equity in income of affiliates 3.6 (9.3) (25.0)
Unrealized gain on investment in NCMI 12.4 0.0 0.0
Total other (expense) income (141.5) (175.2) (186.5)
Total 221.4 (265.0) (439.0)
Income tax (benefit) expense 29.9 3.0 (16.8)
Net (loss) income 191.5 (268.0) (422.2)
Less: Net income attributable to noncontrolling interests 3.3 3.2 0.6
Net (loss) income attributable to Cinemark Holdings, Inc. $ 188.2 $ (271.2) $ (422.8)
Weighted average shares outstanding      
Basic 119.1 118.2 117.3
Diluted 152.0 118.2 117.3
(Loss) income per share attributable to Cinemark Holdings, Inc.'s common stockholders      
Basic $ 1.55 $ (2.26) $ (3.55)
Diluted $ 1.34 $ (2.26) $ (3.55)
NCM | CUSA [Member]      
Other income (expense)      
Distributions from NCM $ 0.0 $ 0.0 $ 0.1
Interest expense - NCM (22.6) (23.2) (23.6)
NCM | CNK [Member]      
Other income (expense)      
Distributions from NCM 0.0 0.0 0.1
Interest expense - NCM (22.6) (23.2) (23.6)
DCIP | CUSA [Member]      
Other income (expense)      
Distributions from DCIP 0.0 3.7 13.1
DCIP | CNK [Member]      
Other income (expense)      
Distributions from DCIP 0.0 3.7 13.1
Admissions | CUSA [Member]      
Revenue      
Total revenue 1,555.6 1,246.9 780.0
Admissions | CNK [Member]      
Revenue      
Total revenue 1,555.6 1,246.9 780.0
Concession      
Revenue      
Total revenue 1,192.0 938.3 561.7
Concession | CUSA [Member]      
Revenue      
Total revenue 1,192.0 938.3 561.7
Concession | CNK [Member]      
Revenue      
Total revenue 1,192.0 938.3 561.7
Other | CUSA [Member]      
Revenue      
Total revenue 319.1 269.5 168.8
Other | CNK [Member]      
Revenue      
Total revenue $ 319.1 $ 269.5 $ 168.8
[1] Includes amortization of debt issuance costs, amortization of original issue discount, and amortization of accumulated (gains) losses for amended swap agreements.

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