Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v2.4.0.6
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2012
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, 2012:

 

     Carrying
Value
    Fair Value  

Description

     Level 1      Level 2      Level 3  

Interest rate swap liabilities — current (see Note 14)

   $ (5,503   $ —         $ —         $ (5,503

Interest rate swap liabilities — long term (see Note 14)

   $ (8,689   $ —         $ —         $ (8,689

Investment in RealD (see Note 8)

   $ 13,707      $ 13,707       $ —         $ —     

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, 2011:

 

     Carrying
Value
    Fair Value  

Description

     Level 1      Level 2      Level 3  

Interest rate swap liabilities — current (see Note 14)

   $ (9,979   $ —         $ —         $ (9,979

Interest rate swap liabilities — long term (see Note 14)

   $ (6,597   $ —         $ —         $ (6,597

Investment in RealD (see Note 8)

   $ 9,709      $ 9,709       $ —         $ —     
Reconciliation of beginning and ending balance for assets and liabilities measured at fair value

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

 

     Liabilities     Assets  
     2012     2011     2012      2011  

Beginning balances — January 1

   $ 16,576      $ 15,970      $ —         $ 8,955   

Total gain (loss) included in accumulated other comprehensive loss

     (1,576     1,736        —           (8,955

Total gain included in earnings

     (808     (1,130     —           —     
  

 

 

   

 

 

   

 

 

    

 

 

 

Ending balances — December 31

   $ 14,192      $ 16,576      $ —         $ —