Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
Reconciliation of Net Income (Loss) to Adjusted EBITDA (Detail) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2021
Sep. 30, 2020
Segment Reporting Information [Line Items]                
Net loss $ (77,573,000) $ (142,281,000) $ (208,843,000) $ (148,036,000) $ (170,816,000) $ (59,422,000) $ (428,697,000) $ (378,274,000)
Add (deduct):                
Income taxes (8,876,000)     (121,145,000)     (15,569,000) (222,398,000)
Interest expense [1] 37,993,000     36,577,000     111,580,000 92,284,000
Other expense [2] 12,484,000     22,881,000     35,369,000 47,385,000
Cash distributions and other cash distributions from equity investees             156,000 25,430,000
Depreciation and amortization 67,208,000     62,543,000     202,288,000 191,380,000
Impairment of long-lived assets 7,480,000     24,595,000     7,480,000 41,214,000
Restructuring costs (340,000)     524,000     (1,288,000) 20,062,000
Loss on disposal of assets and other (1,020,000)     13,327,000     (7,883,000) 10,997,000
Loss on extinguishment of debt         6,527,000
Non-cash rent expense (1,124,000)     816,000     (1,803,000) 1,649,000
Share based awards compensation expense 6,014,000     4,427,000     16,589,000 12,859,000
Adjusted EBITDA 44,286,000     (127,999,000)     (59,485,000) (179,406,000)
Digital Cinema Implementation Partners                
Add (deduct):                
Cash distributions and other cash distributions from equity investees $ 6,534,000 [3]           6,534,000 [3] 10,383,000 [4]
Other Investees                
Add (deduct):                
Cash distributions and other cash distributions from equity investees [5]       $ 2,146,000     $ 156,000 $ 15,047,000
[1] Includes amortization of debt issue costs and amortization of accumulated losses for amended swap agreements.
[2] Includes interest income, foreign currency exchange loss, equity in income (loss) of affiliates and interest expense - NCM and excludes distributions from NCM and distributions from DCIP.
[3] Cash distributions received from DCIP are not treated as a reduction of the investment balance because, as discussed above, the Company's equity investment in DCIP is zero.
[4] Includes cash distributions from DCIP that were recorded as a reduction of the Company’s investment in DCIP. These distributions are reported entirely within the U.S. operating segment.
[5] 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.