Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Income

v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Admissions $ 402,832 $ 479,631 $ 1,239,472 $ 1,293,528
Concession 211,131 242,257 630,571 643,399
Other 32,940 35,678 97,003 94,034
Total revenues 646,903 757,566 1,967,046 2,030,961
Cost of operations        
Film rentals and advertising 215,565 254,792 665,420 692,219
Concession supplies 33,473 38,971 98,862 103,992
Salaries and wages 67,903 73,267 202,196 198,821
Facility lease expense 80,567 85,085 239,571 230,827
Utilities and other 79,477 84,723 233,979 229,835
General and administrative expenses 35,803 42,395 114,892 120,720
Depreciation and amortization 44,731 42,399 131,108 120,165
Impairment of long-lived assets 4,510 131 5,294 2,076
(Gain) loss on sale of assets and other 2,590 611 8,719 (2,532)
Total cost of operations 564,619 622,374 1,700,041 1,696,123
Operating income 82,284 135,192 267,005 334,838
Other income (expense)        
Interest expense (28,335) [1] (29,478) [1] (85,101) [1] (96,542) [1]
Interest income 1,543 1,569 3,587 2,966
Foreign currency exchange loss (5,235) (507) (358) (847)
Loss on early retirement of debt       (72,302)
Distributions from NCM 3,481 5,622 14,158 13,418
Equity in income of affiliates 10,328 11,733 17,548 15,839
Total other expense (18,218) (11,061) (50,166) (137,468)
Income before income taxes 64,066 124,131 216,839 197,370
Less: Income taxes 25,534 43,386 70,477 62,726
Net income 38,532 80,745 146,362 134,644
Less: Net income attributable to noncontrolling interests 403 726 1,059 1,766
Net income attributable to Cinemark Holdings, Inc. $ 38,129 $ 80,019 $ 145,303 $ 132,878
Weighted average shares outstanding        
Basic 114,814 114,050 114,596 113,836
Diluted 115,021 114,449 114,901 114,291
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders        
Basic $ 0.33 $ 0.69 $ 1.25 $ 1.15
Diluted $ 0.33 $ 0.69 $ 1.25 $ 1.15
Dividends declared per common share $ 0.25 $ 0.25 $ 0.75 $ 0.67
[1] Includes amortization of debt issue costs.