Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.3.1.900
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Measurement of Assets and Liabilities on Recurring Basis

Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2014:

 

Description

   Carrying
Value
     Fair Value  
      Level 1      Level
2
     Level 3  

Interest rate swap liabilities — current (see Note 12)

   $ (4,255    $ —         $ —         $ (4,255

Interest rate swap liabilities — long term (see Note 12)

   $ (317    $ —         $ —         $ (317

Investment in RealD (see Note 7)

   $ 14,429       $ 14,429       $ —         $ —     

Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2015:

 

     Carrying
Value
     Fair Value  

Description

      Level 1      Level
2
     Level 3  

Interest rate swap liabilities — current (see Note 12)

   $ (373    $ —         $ —         $ (373

Investment in RealD (see Note 7)

   $ 12,900       $ 12,900       $ —         $ —     
Reconciliation of Beginning and Ending Balance for Liabilities Measured at Fair Value

Below is a reconciliation of the beginning and ending balance for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

 

     Liabilities  
     2014      2015  

Beginning balances — January 1

   $ 9,176       $ 4,572   

Total (gain) loss included in accumulated other comprehensive loss

     1,411         (155

Settlements

     (6,015      (4,790
  

 

 

    

 

 

 

Ending balances — December 31

   $ 4,572       $ 373