Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.0.8
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Computations of Basic and Diluted Earnings Per Share

The following table presents computations of basic and diluted earnings per share under the two-class method:

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2014     2013     2014     2013  

Numerator:

        

Net income attributable to Cinemark Holdings, Inc.

   $ 38,129      $ 80,019      $ 145,303      $ 132,878   

Earnings allocated to participating share-based awards (1)

     (293     (880     (1,004     (1,367
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stockholders

   $ 37,836      $ 79,139      $ 144,299      $ 131,511   
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator (shares in thousands):

        

Basic weighted average common stock outstanding

     114,814        114,050        114,596        113,836   

Common equivalent shares for stock options

     —          8        —          9   

Common equivalent shares for restricted stock units

     207        391        305        446   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

     115,021        114,449        114,901        114,291   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings per share attributable to common stockholders

   $ 0.33      $ 0.69      $ 1.25      $ 1.15   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per share attributable to common stockholders

   $ 0.33      $ 0.69      $ 1.25      $ 1.15   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)  For the three months ended September 30, 2014 and 2013, a weighted average of approximately 888 and 1,272 shares of unvested restricted stock, respectively, were considered participating securities. For the nine months ended September 30, 2014 and 2013, a weighted average of approximately 801 and 1,191 shares of unvested restricted stock, respectively, were considered participating securities.