Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 655,338 $ 488,313
Inventories 12,593 21,686
Accounts receivable 25,265 83,722
Current income tax receivable 165,151 4,082
Prepaid expenses and other 34,400 37,187
Total current assets 892,747 634,990
Theatre properties and equipment    
Land 104,190 105,035
Buildings 535,780 536,037
Property under finance lease 147,156 152,519
Theatre furniture and equipment 1,425,142 1,337,715
Leasehold interests and improvements 1,190,835 1,216,931
Total 3,403,103 3,348,237
Less: accumulated depreciation and amortization 1,788,041 1,612,990
Theatre properties and equipment, net 1,615,062 1,735,247
Operating lease right-of-use assets, net [1] 1,278,191 1,383,080
Other assets    
Goodwill 1,253,840 [2] 1,283,371 [3]
Intangible assets, net 314,195 321,769
Long-term deferred tax asset 0 9,369
Deferred charges and other assets, net 33,199 39,114
Total other assets 1,776,922 2,074,700
Total assets 5,562,922 5,828,017
Current liabilities    
Current portion of long-term debt 18,056 6,595
Current portion of operating lease obligations [1] 208,593 217,406
Current portion of finance lease obligations [1] 16,407 15,432
Current income tax payable 5,632 5,195
Current liability for uncertain tax positions 0 13,446
Accounts payable 70,646 91,607
Accrued film rentals 10,668 93,849
Accrued payroll 23,388 55,227
Accrued property taxes 35,586 34,337
Accrued other current liabilities (see Note 12) 217,465 175,706
Total current liabilities 606,441 708,800
Long-term liabilities    
Long-term debt, less current portion 2,377,162 1,771,342
Operating lease obligations, less current portion [1] 1,138,142 1,223,462
Finance lease obligations, less current portion [1] 124,609 141,017
Long-term deferred tax liability 79,525 141,836
Long-term liability for uncertain tax positions 19,225 848
Other long-term liabilities 74,594 44,036
Total long-term liabilities 4,157,512 3,670,895
Commitments and contingencies (see Note 20) 0 0
Cinemark Holdings, Inc.'s stockholders' equity:    
Common stock, $0.001 par value: 300,000,000 shares authorized, 121,863,515 shares issued and 117,151,656 shares outstanding at December 31, 2019 and 123,627,080 shares issued and 118,576,099 shares outstanding at December 31, 2020 124 122
Additional paid-in-capital 1,245,569 1,170,039
Treasury stock, 4,711,859 and 5,050,981 shares, at cost, at December 31, 2019 and December 31, 2020, respectively (87,004) (81,567)
Retained earnings 27,937 687,332
Accumulated other comprehensive loss (398,653) (340,112)
Total Cinemark Holdings, Inc.'s stockholders' equity 787,973 1,435,814
Noncontrolling interests 10,996 12,508
Total equity 798,969 1,448,322
Total liabilities and equity 5,562,922 5,828,017
Affiliates    
Other assets    
Investment 23,726 155,285
NCM    
Other assets    
Investment 151,962 265,792
Deferred charges and other assets, net 685,643  
Current liabilities    
Total current liabilities 46,872  
Long-term liabilities    
NCM screen advertising advances 344,255 $ 348,354
Total long-term liabilities $ 1,072,207  
[1] The operating lease right-of-use assets and liabilities recorded on the Company’s consolidated balance sheet generally do not include renewal options that have not yet been exercised.  The Company does not consider a lease renewal as reasonably certain until the necessary notification is provided to the landlord.
[2] Balances are presented net of historical accumulated impairment losses of $214,031 for the U.S. operating segment and $43,750 for the international operating segment
[3] Balances are presented net of historical accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment