Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Admissions $ 476,469 $ 435,820
Concession 268,224 237,815
Other 34,917 31,234
Total revenues 779,610 704,869
Cost of operations    
Film rentals and advertising 252,818 232,914
Concession supplies 42,100 35,903
Salaries and wages 84,201 75,136
Facility lease expense 84,262 78,804
Utilities and other 88,357 81,377
General and administrative expenses 38,216 37,866
Depreciation and amortization 57,356 49,329
Impairment of long-lived assets 273 492
(Gain) loss on sale of assets and other 834 (1,779)
Total cost of operations 648,417 590,042
Operating income 131,193 114,827
Other income (expense)    
Interest expense [1] (26,369) (28,059)
Interest income 1,333 1,352
Foreign currency exchange gain 1,589 1,886
Loss on early retirement of debt   (13,186)
Distributions from NCM 6,788 8,543
Equity in income of affiliates 10,060 7,142
Total other expense (6,599) (22,322)
Income before income taxes 124,594 92,505
Income taxes 44,400 33,459
Net income 80,194 59,046
Less: Net income attributable to noncontrolling interests 466 521
Net income attributable to Cinemark Holdings, Inc. $ 79,728 $ 58,525
Weighted average shares outstanding    
Basic 115,629 115,245
Diluted 115,915 115,527
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders    
Basic $ 0.68 $ 0.50
Diluted 0.68 0.50
Dividends declared per common share $ 0.29 $ 0.27
[1] Includes amortization of debt issue costs.