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 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Segment Reporting Information [Line Items]                
Net income (loss) $ (148,036) $ (170,816) $ (59,422) $ 31,955 $ 101,861 $ 33,193 $ (378,274) $ 167,009
Add (deduct):                
Income taxes (121,145)     14,053     (222,398) 64,152
Interest expense [1] 36,577     24,967     92,284 75,037
Other (income) expense, net [2] 22,881     (9,970)     47,385 (25,079)
Cash distributions and other cash distributions from equity investees             25,430 28,163
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
Non-cash rent expense 816     (1,102)     1,649 (3,252)
Share based awards compensation expense 4,427     3,840     12,859 10,486
Adjusted EBITDA (127,999)     169,758     (179,406) 566,750
Digital Cinema Implementation Partners                
Add (deduct):                
Cash distributions and other cash distributions from equity investees [3]       2,694     10,383 7,912
Other Investees                
Add (deduct):                
Cash distributions and other cash distributions from equity investees [4] $ 2,146     $ 5,804     $ 15,047 $ 20,251
[1] Includes amortization of debt issue costs and amortization of accumulated losses for amended swap agreements.
[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.