v3.20.4
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Total revenues $ 686,310 [1] $ 3,283,099 $ 3,221,735
Cost of operations      
Film rentals and advertising 186,810 1,003,832 999,755
Concession supplies 48,647 206,441 180,974
Salaries and wages 145,031 410,086 383,860
Facility lease expense 279,764 346,094 323,316
Utilities and other 229,505 474,711 448,070
General and administrative expenses 127,599 173,384 165,173
Depreciation and amortization 259,776 261,155 261,162
Impairment of long-lived and other assets 152,706 57,001 32,372
Restructuring costs 20,369    
(Gain) loss on disposal of assets and other (8,923) 12,008 38,702
Total cost of operations 1,441,284 2,944,712 2,833,384
Operating income (loss) (754,974) [1] 338,387 388,351
Other income (expense)      
Interest expense [2] (129,871) (99,941) (109,994)
Loss on debt amendments and refinancing     (1,484)
Interest income 4,836 12,589 10,614
Foreign currency exchange loss (4,865) (3,394) (11,660)
Non-cash distributions from other equity investee 12,915    
Equity in income (loss) of affiliates (38,745) 41,870 39,242
Total other expense (172,350) (64,627) (77,617)
Income (loss) before income taxes (927,324) 273,760 310,734
Income taxes (309,376) 79,912 95,429
Net income (loss) (617,948) [1] 193,848 215,305
Less: Net income (loss) attributable to noncontrolling interests (1,120) 2,462 1,478
Net income (loss) attributable to Cinemark Holdings, Inc. $ (616,828) [1] $ 191,386 $ 213,827
Weighted average shares outstanding      
Basic 116,667 116,306 116,054
Diluted 116,667 116,606 116,342
Earnings (loss) per share attributable to Cinemark Holdings, Inc.'s common stockholders      
Basic $ (5.25) [1] $ 1.63 $ 1.83
Diluted $ (5.25) [1] $ 1.63 $ 1.83
NCM      
Cost of operations      
Impairment of long-lived and other assets $ 92,655    
Operating income (loss) (59,671)    
Other income (expense)      
Distributions from NCM 6,975 $ 12,873 $ 15,389
Interest expense - NCM (23,595) (28,624) (19,724)
Net income (loss) attributable to Cinemark Holdings, Inc. (115,753)    
Admissions      
Revenues      
Total revenues 356,508 1,805,321 1,834,173
Concession      
Revenues      
Total revenues 231,046 1,161,083 1,108,793
Other      
Revenues      
Total revenues $ 98,756 $ 316,695 $ 278,769
[1] Quarterly results during the year ended December 31, 2020 were impacted by the COVID-19 pandemic (see Note 3) as well as impairment recorded (see Notes 1 and 11).
[2] Includes amortization of debt issue costs.

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