Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v3.3.1.900
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Admissions $ 1,765,519 $ 1,644,169 $ 1,706,145
Concession 936,970 845,376 845,168
Other 150,120 137,445 131,581
Total revenues 2,852,609 2,626,990 2,682,894
Cost of operations      
Film rentals and advertising 976,590 883,052 919,511
Concession supplies 144,270 131,985 135,715
Salaries and wages 301,099 273,880 269,353
Facility lease expense 319,761 317,096 307,851
Utilities and other 324,851 308,445 305,703
General and administrative expenses 156,736 151,444 165,351
Depreciation and amortization 189,206 175,656 163,970
Impairment of long-lived assets 8,801 6,647 3,794
(Gain) loss on sale of assets and other 8,143 15,715 (3,845)
Total cost of operations 2,429,457 2,263,920 2,267,403
Operating income 423,152 363,070 415,491
Other income (expense)      
Interest expense [1] (112,741) (113,698) (124,714)
Interest income 8,708 5,599 3,622
Foreign currency exchange loss (16,793) (6,192) (1,616)
Loss on amendment to debt agreement (925)    
Loss on early retirement of debt     (72,302)
Distributions from NCM 18,140 18,541 20,701
Equity in income of affiliates 28,126 22,743 22,682
Total other expense (75,485) (73,007) (151,627)
Income before income taxes 347,667 290,063 263,864
Income taxes 128,939 96,064 113,316
Net income 218,728 193,999 150,548
Less: Net income attributable to noncontrolling interests 1,859 1,389 2,078
Net income attributable to Cinemark Holdings, Inc. $ 216,869 $ 192,610 $ 148,470
Weighted average shares outstanding      
Basic 115,080 114,653 113,896
Diluted 115,399 114,966 114,396
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders:      
Basic $ 1.87 $ 1.66 $ 1.28
Diluted $ 1.87 $ 1.66 $ 1.28
[1] Includes amortization of debt issue costs.