Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v2.4.0.6
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Admissions $ 1,471,627 $ 1,405,389 $ 1,293,378
Concession 696,754 642,326 602,880
Other 111,232 93,429 80,242
Total revenues 2,279,613 2,141,144 1,976,500
Cost of operations      
Film rentals and advertising 798,606 769,698 708,160
Concession supplies 112,122 97,484 91,918
Salaries and wages 226,475 221,246 203,437
Facility lease expense 276,278 255,717 238,779
Utilities and other 259,703 239,470 222,660
General and administrative expenses 127,621 109,045 96,497
Depreciation and amortization 153,738 142,731 148,264
Amortization of favorable/unfavorable leases 711 777 1,251
Impairment of long-lived assets 7,033 12,538 11,858
(Gain) loss on sale of assets and other 8,792 (431) 3,202
Total cost of operations 1,971,079 1,848,275 1,726,026
Operating income 308,534 292,869 250,474
Other income (expense)      
Interest expense (123,102) (112,444) (102,505)
Interest income 8,108 6,105 4,909
Foreign currency exchange gain (loss) (219) 1,054 635
Loss on early retirement of debt (4,945) (3) (27,878)
Distributions from NCM 24,161 23,358 20,822
Dividend income 54   51
Loss on marketable securities - RealD 12,610    
Equity in income (loss) of affiliates 5,651 (3,438) (907)
Total other expense (102,902) (85,368) (104,873)
Income before income taxes 205,632 207,501 145,601
Income taxes 73,050 57,838 44,845
Net income 132,582 149,663 100,756
Less: Net income attributable to noncontrolling interests 2,025 3,543 3,648
Net income attributable to Cinemark Holdings, Inc. $ 130,557 $ 146,120 $ 97,108
Weighted average shares outstanding      
Basic 112,817 111,565 108,563
Diluted 113,224 112,151 110,255
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders:      
Basic $ 1.14 $ 1.30 $ 0.89
Diluted $ 1.14 $ 1.29 $ 0.87