Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.7.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Cinemark Holdings, Inc.

 

$

51,239

 

 

$

53,906

 

 

$

130,967

 

 

$

112,431

 

Earnings allocated to participating share-based awards (1)

 

$

(263

)

 

 

(272

)

 

 

(620

)

 

 

(496

)

Net income attributable to common stockholders

 

$

50,976

 

 

$

53,634

 

 

$

130,347

 

 

$

111,935

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator (shares in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common stock outstanding

 

 

115,785

 

 

 

115,576

 

 

 

115,707

 

 

 

115,411

 

Common equivalent shares for restricted stock units

 

 

287

 

 

 

182

 

 

 

313

 

 

 

249

 

Diluted

 

 

116,072

 

 

 

115,758

 

 

 

116,020

 

 

 

115,660

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share attributable to common

   stockholders

 

$

0.44

 

 

$

0.46

 

 

$

1.12

 

 

$

0.97

 

Diluted earnings per share attributable to common

   stockholders

 

$

0.44

 

 

$

0.46

 

 

$

1.12

 

 

$

0.97

 

 

(1)

For the three months ended June 30, 2017 and 2016, a weighted average of approximately 605 and 588 shares of unvested restricted stock, respectively, were considered participating securities. For the six months ended June 30, 2017 and 2016, a weighted average of approximately 552 and 514 shares of unvested restricted stock, respectively, were considered participating securities.