Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.0.6
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2011
Summary of Significant Accounting Policies [Abstract]  
Estimated useful life of assets
     

Category

 

Useful Life

Buildings on owned land

  40 years

Buildings on leased land

  Lesser of lease term or useful life

Buildings under capital lease

  Lesser of lease term or useful life

Theatre furniture and equipment

  5 to 15 years

Leasehold improvements

  Lesser of lease term or useful life
Amortization method used for Intangible assets
     

Intangible Asset

 

Amortization Method

Goodwill

  Indefinite-lived

Tradename

  Indefinite-lived

Vendor contracts

  Straight-line method over the terms of the underlying contracts. The remaining terms of the underlying contracts range from 1 to 11 years.

Favorable/unfavorable leases

  Based on the pattern in which the economic benefits are realized over the terms of the lease agreements. The remaining terms of the lease agreements range from 1 to 25 years.

Other intangible assets

  Straight-line method over the terms of the underlying agreement or the expected useful life of the intangible asset. The remaining useful lives of these intangible assets range from 2 to 8 years.