Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2
Reconciliation of Net Income (Loss) to Adjusted EBITDA (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Segment Reporting Information [Line Items]            
Net loss $ (72.8) $ (72.5) $ (142.2) $ (208.9) $ (145.3) $ (351.1)
Add (deduct):            
Income taxes 4.7   8.0   2.9 (6.7)
Interest expense 38.1   37.0   76.2 73.6
Cash distributions and other cash distributions from equity investees         1.5 0.2
Depreciation and amortization 61.0   66.9   122.7 135.1
Impairment of investment in NCM 92.3   0.0   92.3 0.0
Restructuring costs (0.2)   (0.7)   (0.2) (0.9)
Loss on extinguishment of debt         0.0 6.5
Non-cash rent expense         (4.7) (0.7)
Share based awards compensation expense         11.1 10.6
Digital Cinema Implementation Partners            
Segment Reporting Information [Line Items]            
Net loss (72.8)   (142.2)   (145.3) (351.1)
Add (deduct):            
Income taxes 4.7   8.0   2.9 (6.7)
Interest expense [1] 38.1   37.0   76.2 73.6
Other expense, net [2] 11.4   7.9   14.6 22.9
Cash distributions and other cash distributions from equity investees [3] 0.9   0.0   1.5 0.1
Depreciation and amortization 61.0   66.9   122.7 135.1
Impairment of investment in NCM 92.3   0.0   92.3 0.0
Restructuring costs (0.2)   (0.7)   (0.2) (0.9)
(Gain) loss on disposal of assets and other (0.7)   (2.3)   (7.6) (6.8)
Loss on extinguishment of debt 0.0   (3.9)   0.0 (6.5)
Non-cash rent expense (2.4)   (0.8)   (4.7) (0.7)
Share based awards compensation expense 6.0   5.9   11.1 10.6
Adjusted EBITDA $ 138.3   $ (11.8)   $ 163.5 $ (103.8)
[1] Includes amortization of debt issuance costs and amortization of accumulated losses for amended swap agreements.
[2] Includes interest income, foreign currency exchange (gain) loss and equity in loss of affiliates.
[3] Reflects cash distributions received from equity investees that were recorded as a reduction of the respective investment balances (see Note 9). These distributions are reported entirely within the U.S. operating segment.