Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 543,013 $ 655,338
Inventories 15,244 12,593
Accounts receivable 36,753 25,265
Current income tax receivable 38,388 165,151
Prepaid expenses and other 35,850 34,400
Total current assets 669,248 892,747
Theatre properties and equipment 3,365,455 3,403,103
Less: accumulated depreciation and amortization 1,929,981 1,788,041
Theatre properties and equipment, net 1,435,474 1,615,062
Operating lease right-of-use assets, net 1,220,898 1,278,191
Other assets    
Goodwill [1] 1,250,135 1,253,840
Intangible assets, net 312,025 314,195
Investments in affiliates 23,755 23,726
Deferred charges and other assets, net 27,042 33,199
Total other assets 1,752,954 1,776,922
Total assets 5,078,574 5,562,922
Current liabilities    
Current portion of long-term debt 20,288 18,056
Current portion of operating lease obligations 215,119 208,593
Current portion of finance lease obligations 14,406 16,407
Current income tax payable 0 5,632
Accounts payable and accrued expenses 392,964 357,753
Total current liabilities 642,777 606,441
Long-term liabilities    
Long-term debt, less current portion 2,477,257 2,377,162
Operating lease obligations, less current portion 1,070,432 1,138,142
Finance lease obligations, less current portion 105,688 124,609
Long-term deferred tax liability 38,059 79,525
Long-term liability for uncertain tax positions 40,379 19,225
Other long-term liabilities 40,813 74,594
Total long-term liabilities 4,120,840 4,157,512
Cinemark Holdings, Inc.'s stockholders' equity:    
Common stock, $0.001 par value: 300,000,000 shares authorized, 124,720,207 shares issued and 119,626,627 shares outstanding at September 30, 2021 and 123,627,080 shares issued and 118,576,099 shares outstanding at December 31, 2020 125 124
Additional paid-in-capital 1,188,554 1,245,569
Treasury stock, 5,093,580 and 5,050,981 shares, at cost, at September 30, 2021 and December 31, 2020, respectively (87,020) (87,004)
Retained earnings (deficit) (395,143) 27,937
Accumulated other comprehensive loss (402,380) (398,653)
Total Cinemark Holdings, Inc.'s stockholders' equity 304,136 787,973
Noncontrolling interests 10,821 10,996
Total equity 314,957 798,969
Total liabilities and equity 5,078,574 5,562,922
NCM    
Other assets    
Investment 139,997 151,962
Deferred charges and other assets, net 665,570 685,643
Current liabilities    
Total current liabilities 48,761 46,872
Long-term liabilities    
NCM screen advertising advances 348,212 344,255
Total long-term liabilities $ 1,114,599 $ 1,072,207
[1] Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $43,750 for the international operating segment. See discussion of the qualitative impairment analysis performed by the Company as of September 30, 2021 at Note 13.