Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)

v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total revenues $ 35,478 $ 821,817 $ 588,068 $ 2,494,296
Cost of operations        
Film rentals and advertising 8,257 254,911 165,262 759,693
Concession supplies 2,688 51,573 39,879 157,361
Salaries and wages 20,181 103,270 116,589 308,316
Facility lease expense 67,047 87,436 214,490 262,529
Utilities and other 43,412 123,877 178,806 357,210
General and administrative expenses 30,342 44,702 99,361 127,002
Depreciation and amortization 62,543 67,760 191,380 196,795
Impairment of long-lived assets 24,595 27,304 41,214 45,382
Restructuring costs 524   20,062  
(Gain) loss on disposal of assets and other (13,327) 2,453 (10,997) 8,057
Total cost of operations 246,262 763,286 1,056,046 2,222,345
Operating income (loss) (210,784) 58,531 (467,978) 271,951
Other income (expense)        
Interest expense [1] (36,577) (24,967) (92,284) (75,037)
Interest income 1,348 3,903 4,235 10,062
Foreign currency exchange loss (2,251) (4,406) (6,183) (4,785)
Equity in income (loss) of affiliates (16,077) 15,139 (27,711) 33,982
Total other expense (58,397) (12,523) (132,694) (40,790)
Income (loss) before income taxes (269,181) 46,008 (600,672) 231,161
Income taxes (121,145) 14,053 (222,398) 64,152
Net income (loss) (148,036) 31,955 (378,274) 167,009
Less: Net income (loss) attributable to noncontrolling interests (444) 602 (702) 1,957
Net income (loss) attributable to Cinemark Holdings, Inc. $ (147,592) $ 31,353 $ (377,572) $ 165,052
Weighted average shares outstanding        
Basic 116,707 116,356 116,552 116,288
Diluted 116,707 116,600 116,552 116,577
Earnings (loss) per share attributable to Cinemark Holdings, Inc.'s common stockholders        
Basic $ (1.25) $ 0.27 $ (3.22) $ 1.41
Diluted $ (1.25) $ 0.27 $ (3.22) $ 1.41
NCM        
Other income (expense)        
Distributions from NCM $ 1,061 $ 2,474 $ 6,975 $ 9,168
Interest expense - NCM (5,901) (4,666) (17,726) (14,180)
Admissions        
Revenues        
Total revenues 14,901 454,429 307,400 1,371,041
Concession        
Revenues        
Total revenues 9,116 289,477 199,596 886,083
Other        
Revenues        
Total revenues $ 11,461 $ 77,911 $ 81,072 $ 237,172
[1] Includes amortization of debt issue costs and amortization of accumulated losses for amended swap agreements.