Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

v3.3.1.900
LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2015
Components of Long-Term Debt

As of December 31, long-term debt consisted of the following:

 

     December 31,  
     2014      2015  

Cinemark USA, Inc. term loan

   $ 686,000       $ 679,000   

Cinemark USA, Inc. 4.875% senior notes due 2023

     530,000         530,000   

Cinemark USA, Inc. 5.125% senior notes due 2022

     400,000         400,000   

Cinemark USA, Inc. 7.375% senior subordinated notes due 2021

     200,000         200,000   

Other (1)

     6,997         5,572   
  

 

 

    

 

 

 

Total long-term debt

     1,822,997         1,814,572   

Less current portion

     8,423         8,405   

Less debt issuance costs, net of accumulated amortization of $10,918 and $16,058, respectively (2)

     31,419         33,237   
  

 

 

    

 

 

 

Long-term debt, less current portion

   $ 1,783,155       $ 1,772,930   
  

 

 

    

 

 

 

 

(1) 

Primarily represents debt owed to NCM in relation to the recently-formed joint venture AC JV, LLC. See Note 7.

(2) 

See Note 2 for discussion of debt issuance costs reclassification upon adoption of ASU 2015-03.

Maturities of Long-Term Debt, Excluding Debt Issuance Costs

The Company’s long-term debt, excluding debt issuance costs, at December 31, 2015 matures as follows:

 

2016

   $ 8,405   

2017

     8,389   

2018

     8,389   

2019

     8,389   

2020

     7,000   

Thereafter

     1,774,000   
  

 

 

 

Total

   $ 1,814,572