Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.2
Reconciliation of Net Income (Loss) to Adjusted EBITDA (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment Reporting Information [Line Items]            
Net income (loss) $ (170,816) $ (59,422) $ 101,861 $ 33,193 $ (230,238) $ 135,054
Add (deduct):            
Income taxes (98,145)   38,182   (101,253) 50,099
Interest expense [1] 28,372   24,929   53,038 50,070
Other (income) expense, net [2] 27,004   (6,774)   27,173 (15,109)
Cash distributions and other cash distributions from equity investees         23,284 19,665
Depreciation and amortization 63,581   64,573   128,837 129,035
Impairment of long-lived assets     12,494   16,619 18,078
Restructuring costs 19,538       19,538  
Loss on disposal of assets and other 425   1,805   2,330 5,604
Non-cash rent expense 1,424   (1,331)   833 (2,150)
Share based awards compensation expense 4,321   3,676   8,432 6,646
Adjusted EBITDA (117,618)   244,738   (51,407) 396,992
Digital Cinema Implementation Partners            
Add (deduct):            
Cash distributions and other cash distributions from equity investees [3] 5,222       10,383 5,218
Other Investees            
Add (deduct):            
Cash distributions and other cash distributions from equity investees [4] $ 1,456   $ 5,323   $ 12,901 $ 14,447
[1] Includes amortization of debt issue costs.
[2] Includes interest income, amortization of accumulated losses for amended swap agreements, 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.