Quarterly report pursuant to Section 13 or 15(d)

Reconciliation of Net Income (Loss) to Adjusted EBITDA (Detail)

v3.20.1
Reconciliation of Net Income (Loss) to Adjusted EBITDA (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Segment Reporting Information [Line Items]    
Net income (loss) $ (59,422) $ 33,193
Add (deduct):    
Income taxes (3,108) 11,917
Interest expense [1] 24,666 25,141
Other (income) expense, net [2] 169 (8,335)
Cash distributions and other cash distributions from equity investees 16,606 14,342
Depreciation and amortization 65,256 64,462
Impairment of long-lived assets 16,619 5,584
Loss on disposal of assets and other 1,905 3,799
Non-cash rent expense (591) (819)
Share based awards compensation expense 4,111 2,970
Adjusted EBITDA 66,211 152,254
Digital Cinema Implementation Partners    
Add (deduct):    
Cash distributions and other cash distributions from equity investees [3] 5,161 5,218
Other Investees    
Add (deduct):    
Cash distributions and other cash distributions from equity investees [4] $ 11,445 $ 9,124
[1] Includes amortization of debt issue costs.
[2] Includes interest income, foreign currency exchange gain (loss), equity in income of affiliates and interest expense - NCM and excludes distributions from NCM.
[3] See discussion of cash distributions from DCIP, which were recorded as a reduction of the Company’s investment in DCIP, at Note 10. These distributions are reported entirely within the U.S. operating segment.
[4] Includes cash distributions received from equity investees, other than those from DCIP noted above, that were recorded as a reduction of the respective investment balances (see Notes 9 and 10).  These distributions are reported entirely within the U.S. operating segment.