Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.0.8
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2014
Fair Value Measurement of Assets and Liabilities on Recurring Basis

Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of September 30, 2014:

 

     Carrying     Fair Value  

Description

   Value     Level 1      Level 2      Level 3  

Interest rate swap liabilities – current (see Note 11)

   $ (5,318   $ —         $ —         $ (5,318

Interest rate swap liabilities – long term (see Note 11)

   $ (520   $ —         $ —         $ (520

Investment in RealD (see Note 9)

   $ 11,458      $ 11,458       $ —         $ —     

Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2013:

 

     Carrying     Fair Value  

Description

   Value     Level 1      Level 2      Level 3  

Interest rate swap liabilities – current (see Note 11)

   $ (5,367   $ —         $ —         $ (5,367

Interest rate swap liabilities – long term (see Note 11)

   $ (3,809   $ —         $ —         $ (3,809

Investment in RealD (see Note 9)

   $ 10,443      $ 10,443       $ —         $ —     
Reconciliation of Beginning and Ending Balance for Liabilities Measured at Fair Value

Below is a reconciliation of the beginning and ending balance for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three and nine months ended September 30, 2014 and 2013:

 

     2014     2013  

Three Months Ended September 30,

    

Beginning balances —July 1

   $ 7,259      $ 10,435   

Total loss included in accumulated other comprehensive loss

     112        1,282   

Settlements

     (1,533     (1,467
  

 

 

   

 

 

 

Ending balances – September 30

   $ 5,838      $ 10,250   
  

 

 

   

 

 

 

 

     2014     2013  

Nine Months Ended September 30,

    

Beginning balances —January 1

   $ 9,176      $ 14,192   

Total loss included in accumulated other comprehensive loss

     1,180        405   

Settlements

     (4,518     (4,347
  

 

 

   

 

 

 

Ending balances – September 30

   $ 5,838      $ 10,250