| Summary of Changes in Stockholders' Equity |
Below is a summary of changes in stockholders’ equity attributable to Cinemark Holdings, Inc., noncontrolling interests and total equity for the nine months ended September 30, 2018 and 2017:
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Cinemark
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Holdings, Inc.
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Stockholders’
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Noncontrolling
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Total
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Equity
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Interests
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Equity
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Balance at January 1, 2018
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$
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1,393,795
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$
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11,893
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$
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1,405,688
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Cumulative effect of change in accounting principle, net
of taxes of $13,079 (see Note 3)
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40,526
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—
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40,526
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Share based awards compensation expense
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10,364
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—
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10,364
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Stock withholdings related to share based awards that
vested during the nine months ended
September 30, 2018
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(2,905
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)
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—
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(2,905
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)
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Dividends paid to stockholders (1)
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(112,108
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)
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—
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(112,108
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)
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Dividends accrued on unvested restricted stock unit
awards (1)
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(416
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)
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—
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(416
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)
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Net income
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194,384
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878
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195,262
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Other comprehensive loss in equity method investees
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(43
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)
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—
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(43
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)
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Foreign currency translation adjustments
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(66,841
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)
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—
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(66,841
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)
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Balance at September 30, 2018
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$
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1,456,756
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$
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12,771
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$
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1,469,527
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(1)
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Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2018:
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Amount per Share
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Declaration Date
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Record Date
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Payable Date
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of Common Stock
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Total
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2/23/2018
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3/8/2018
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3/22/2018
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$
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0.32
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$
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37,471
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5/25/2018
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6/8/2018
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6/22/2018
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0.32
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37,523
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8/23/2018
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9/4/2018
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9/18/2018
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0.32
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37,530
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Total
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$
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0.96
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$
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112,524
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Cinemark
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Holdings, Inc.
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Stockholders’
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Noncontrolling
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Total
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Equity
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Interests
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Equity
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Balance at January 1, 2017
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$
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1,261,818
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$
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11,142
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$
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1,272,960
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Share based awards compensation expense
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9,487
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―
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9,487
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Stock withholdings related to share based awards that
vested during the nine months ended
September 30, 2017
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(2,943
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)
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―
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(2,943
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)
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Tax expense related to share based award vesting
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(32
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)
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―
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(32
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)
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Dividends paid to stockholders (2)
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(101,304
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)
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―
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(101,304
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)
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Dividends accrued on unvested restricted stock unit
awards (2)
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(423
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)
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―
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(423
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)
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Dividends paid to noncontrolling interests
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―
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(588
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)
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(588
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)
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Net income
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169,106
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1,438
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170,544
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Other comprehensive income in equity method investees
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92
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―
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92
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Foreign currency translation adjustments
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4,027
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―
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4,027
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Balance at September 30, 2017
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$
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1,339,828
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$
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11,992
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$
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1,351,820
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(2)
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Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2017:
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Amount per Share
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Declaration Date
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Record Date
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Payable Date
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of Common Stock
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Total
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2/23/2017
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3/8/2017
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3/20/2017
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$
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0.29
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$
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33,912
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5/25/2017
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6/8/2017
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6/22/2017
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0.29
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33,904
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8/10/2017
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8/31/2017
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9/13/2017
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0.29
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33,911
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Total
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$
|
0.87
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$
|
101,727
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