Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Admissions $ 452,624 $ 476,469
Concession 261,772 268,224
Other 65,575 34,917
Total revenues 779,971 779,610
Cost of operations    
Film rentals and advertising 240,915 252,818
Concession supplies 40,824 42,100
Salaries and wages 93,158 84,201
Facility lease expense 82,091 84,262
Utilities and other 109,432 88,357
General and administrative expenses 42,384 38,216
Depreciation and amortization 64,395 57,356
Impairment of long-lived assets 591 273
Loss on sale of assets and other 3,939 834
Total cost of operations 677,729 648,417
Operating income 102,242 131,193
Other income (expense)    
Interest expense [1] (27,115) (26,369)
Loss on debt amendments (1,484)  
Interest income 2,238 1,333
Foreign currency exchange gain 1,378 1,589
Equity in income of affiliates 8,636 10,060
Total other expense (14,968) (6,599)
Income before income taxes 87,274 124,594
Income taxes 25,097 44,400
Net income 62,177 80,194
Less: Net income attributable to noncontrolling interests 156 466
Net income attributable to Cinemark Holdings, Inc. $ 62,021 $ 79,728
Weighted average shares outstanding    
Basic 115,883 115,629
Diluted 116,143 115,915
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders    
Basic $ 0.53 $ 0.68
Diluted 0.53 0.68
Dividends declared per common share $ 0.32 $ 0.29
NCM    
Other income (expense)    
Distributions from NCM $ 6,358 $ 6,788
Interest expense - NCM (4,979)  
Equity in income of affiliates $ 4,015 $ 3,241
[1] Includes amortization of debt issue costs.