Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 588,539 $ 638,869
Inventories 15,954 13,419
Accounts receivable 74,287 47,917
Current income tax receivable 22,877 19,350
Current deferred tax asset   10,518
Prepaid expenses and other 13,494 10,937
Total current assets 715,151 741,010
Theatre properties and equipment    
Land 95,479 95,699
Buildings 453,034 416,680
Property under capital lease 336,666 313,277
Theatre furniture and equipment 929,180 878,453
Leasehold interests and improvements 873,032 844,983
Total 2,687,391 2,549,092
Less accumulated depreciation and amortization 1,182,322 1,098,280
Theatre properties and equipment, net 1,505,069 1,450,812
Other assets    
Goodwill [1] 1,247,548 1,277,383
Intangible assets - net 339,644 348,024
Investments in and advances to affiliates 94,973 77,658
Long-term deferred tax asset 2,114 164
Deferred charges and other assets - net (see Note 2) [2] 38,243 46,571
Total other assets 1,906,277 1,928,739
Total assets 4,126,497 4,120,561
Current liabilities    
Current portion of long-term debt 8,405 8,423
Current portion of capital lease obligations 18,780 16,494
Current income tax payable 7,332 6,396
Current deferred tax liability   75
Current liability for uncertain tax positions 9,155 7,283
Accounts payable 108,844 119,172
Accrued film rentals 97,172 86,250
Accrued payroll 45,811 37,457
Accrued property taxes 31,719 29,925
Accrued other current liabilities 112,575 102,932
Total current liabilities 439,793 414,407
Long-term liabilities    
Long-term debt, less current portion (see Note 2) 1,772,930 1,783,155
Capital lease obligations, less current portion 208,952 201,978
Long-term deferred tax liability 139,905 140,973
Long-term liability for uncertain tax positions 7,853 8,410
Deferred lease expenses 43,333 46,003
Other long-term liabilities 60,784 67,287
Total long-term liabilities $ 2,575,891 $ 2,583,025
Commitments and contingencies (see Note 19)
Cinemark Holdings, Inc.'s stockholders' equity    
Common stock, $0.001 par value: 300,000,000 shares authorized; 119,757,582 shares issued and 115,700,447 shares outstanding at December 31, 2014 and 120,107,563 shares issued and 115,924,059 shares outstanding at December 31, 2015 $ 120 $ 120
Additional paid-in-capital 1,113,219 1,095,040
Treasury stock, 4,057,135 and 4,183,504 common shares at cost at December 31, 2014 and December 31, 2015, respectively (66,577) (61,807)
Retained earnings 324,632 224,219
Accumulated other comprehensive loss (271,686) (144,772)
Total Cinemark Holdings, Inc.'s stockholders' equity 1,099,708 1,112,800
Noncontrolling interests 11,105 10,329
Total equity 1,110,813 1,123,129
Total liabilities and equity 4,126,497 4,120,561
NCM    
Other assets    
Investment in NCM 183,755 178,939
Long-term liabilities    
Deferred revenue - NCM $ 342,134 $ 335,219
[1] Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment.
[2] See Note 2 for discussion of debt issuance costs reclassification upon adoption of ASU 2015-03.