Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v2.4.0.8
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2013
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, 2013:

 

     Carrying
Value
    Fair Value  

Description

     Level 1      Level 2      Level 3  

Interest rate swap liabilities — current (see Note 13)

   $ (5,367   $ —         $ —         $ (5,367

Interest rate swap liabilities — long term (see Note 13)

   $ (3,809   $ —         $ —         $ (3,809

Investment in RealD (see Note 8)

   $ 10,443      $ 10,443       $ —         $ —     

 

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 13)

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

Interest rate swap liabilities — long term (see Note 13)

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

Investment in RealD (see Note 8)

   $ 13,707      $ 13,707       $ —         $ —     
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 liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

 

     Liabilities  
     2013     2012  

Beginning balances — January 1

   $ 14,192      $ 16,576   

Total loss included in accumulated other comprehensive loss

     803        11,403   

Total gain included in earnings

     —          (808

Settlements

     (5,819     (12,979
  

 

 

   

 

 

 

Ending balances — December 31

   $ 9,176      $ 14,192