Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.22.1
Equity (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Summary of Changes in Stockholders' Equity

Below is a summary of changes in stockholders’ equity attributable to Cinemark Holdings, Inc., noncontrolling interests and total equity for the three months ended March 31, 2022 and 2021:

 

 

 

Common Stock

 

Treasury Stock

 

Additional Paid-In-Capital

 

Retained Earnings (Deficit)

 

Accumulated Other Comprehensive Loss

 

Total Cinemark Holdings, Inc. Stockholders’ Equity

 

Noncontrolling Interests

 

Total Equity

 

Balance at January 1, 2022

 

$

0.1

 

$

(91.1

)

$

1,197.8

 

$

(389.4

)

$

(394.5

)

$

322.9

 

$

11.6

 

$

334.5

 

Issuance of share based awards and share based awards compensation expense

 

 

 

 

5.1

 

 

 

 

 

 

5.1

 

 

 

 

5.1

 

Stock withholdings related to share based awards that vested during the three months ended March 31, 2022

 

 

 

(1.6

)

 

 

 

 

 

 

 

(1.6

)

 

 

 

(1.6

)

Net loss

 

 

 

 

 

 

(74.0

)

 

 

 

(74.0

)

 

1.5

 

 

(72.5

)

Unrealized gain due to fair value adjustments on interest rate swap agreements, net of taxes and settlements

 

 

 

 

 

 

 

 

18.4

 

 

18.4

 

 

 

 

18.4

 

Amortization of accumulated losses for amended swap agreements

 

 

 

 

 

 

 

 

1.1

 

 

1.1

 

 

 

 

1.1

 

Foreign currency translation adjustments

 

 

 

 

 

 

 

 

14.4

 

 

14.4

 

 

 

 

14.4

 

Balance at March 31, 2022

 

$

0.1

 

$

(92.7

)

$

1,202.9

 

$

(463.4

)

$

(360.6

)

$

286.3

 

$

13.1

 

$

299.4

 

 

 

 

 

Common Stock

 

Treasury Stock

 

Additional Paid-In-Capital

 

Retained Earnings (Deficit)

 

Accumulated Other Comprehensive Loss

 

Total Cinemark Holdings, Inc. Stockholders’ Equity

 

Noncontrolling Interests

 

Total Equity

 

Balance at January 1, 2021

 

$

0.1

 

$

(87.0

)

$

1,245.6

 

$

27.9

 

$

(398.7

)

$

787.9

 

$

11.0

 

$

798.9

 

Impact of adoption of ASU 2020-06, net of deferred taxes of $23.8

 

 

 

 

(73.6

)

 

5.4

 

 

 

(68.2

)

 

 

 

(68.2

)

Issuance of share based awards and share based awards compensation expense

 

 

 

 

4.7

 

 

 

 

4.7

 

 

 

 

4.7

 

Net loss

 

 

 

 

 

(208.3

)

 

 

 

(208.3

)

 

(0.6

)

 

(208.9

)

Unrealized gain due to fair value adjustments on interest rate swap agreements, net of taxes and settlements

 

 

 

 

 

 

5.7

 

 

5.7

 

 

 

 

5.7

 

Amortization of accumulated losses for amended swap agreements

 

 

 

 

 

 

1.1

 

 

1.1

 

 

 

 

1.1

 

Foreign currency translation adjustments

 

 

 

 

 

 

(9.5

)

 

(9.5

)

 

 

 

(9.5

)

Balance at March 31, 2021

 

$

0.1

 

$

(87.0

)

$

1,176.7

 

$

(175.0

)

$

(401.4

)

$

513.4

 

$

10.4

 

$

523.8