Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Admissions $ 1,794,982 $ 1,789,137 $ 1,765,519
Concession 1,038,788 990,103 936,970
Other 157,777 139,525 150,120
Total revenues 2,991,547 2,918,765 2,852,609
Cost of operations      
Film rentals and advertising 966,510 962,655 945,640
Concession supplies 166,320 154,469 144,270
Salaries and wages 354,510 325,765 301,099
Facility lease expense 328,197 321,294 319,761
Utilities and other 355,041 355,926 355,801
General and administrative expenses 153,278 143,355 156,736
Depreciation and amortization 237,513 209,071 189,206
Impairment of long-lived assets 15,084 2,836 8,801
Loss on sale of assets and other 22,812 20,459 8,143
Total cost of operations 2,599,265 2,495,830 2,429,457
Operating income 392,282 422,935 423,152
Other income (expense)      
Interest expense [1] (105,918) (108,313) (112,741)
Loss on debt amendments and refinancing (521) (13,445) (925)
Interest income 6,249 6,396 8,708
Foreign currency exchange gain (loss) 893 6,455 (16,793)
Distributions from NCM 16,407 14,656 18,140
Equity in income of affiliates 35,985 31,962 28,126
Total other expense (46,905) (62,289) (75,485)
Income before income taxes 345,377 360,646 347,667
Income taxes 79,358 103,819 128,939
Net income 266,019 256,827 218,728
Less: Net income attributable to noncontrolling interests 1,839 1,736 1,859
Net income attributable to Cinemark Holdings, Inc. $ 264,180 $ 255,091 $ 216,869
Weighted average shares outstanding      
Basic 115,766 115,508 115,080
Diluted 116,059 115,783 115,399
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders      
Basic $ 2.26 $ 2.19 $ 1.87
Diluted $ 2.26 $ 2.19 $ 1.87
[1] Includes amortization of debt issue costs.