Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Total revenues $ 754,235 $ 710,748 $ 2,423,259 $ 2,241,553
Cost of operations        
Film rentals and advertising 230,121 226,229 758,242 725,603
Concession supplies 42,720 40,178 134,577 124,117
Salaries and wages 92,495 87,305 285,997 261,318
Facility lease expense 80,592 81,919 243,873 248,569
Utilities and other 112,832 92,341 337,866 271,751
General and administrative expenses 38,299 36,947 123,714 112,997
Depreciation and amortization 64,971 58,052 193,656 174,545
Impairment of long-lived assets 1,641 5,026 5,020 9,600
Loss on disposal of assets and other 7,826 8,576 28,666 9,464
Total cost of operations 671,497 636,573 2,111,611 1,937,964
Operating income 82,738 74,175 311,648 303,589
Other income (expense)        
Interest expense [1] (27,144) (26,317) (82,725) (79,208)
Loss on debt amendments and refinancing     (1,484) (246)
Interest income 2,761 1,682 7,861 4,395
Foreign currency exchange gain (loss) (3,126) 584 (6,947) 2,018
Equity in income of affiliates 14,158 10,902 29,208 26,767
Total other expense (15,948) (11,005) (56,794) (34,570)
Income before income taxes 66,790 63,170 254,854 269,019
Income taxes 16,169 24,630 59,592 98,475
Net income 50,621 38,540 195,262 170,544
Less: Net income attributable to noncontrolling interests 393 401 878 1,438
Net income attributable to Cinemark Holdings, Inc. $ 50,228 $ 38,139 $ 194,384 $ 169,106
Weighted average shares outstanding        
Basic 116,119 115,823 116,032 115,746
Diluted 116,322 116,104 116,288 116,063
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders        
Basic $ 0.43 $ 0.33 $ 1.66 $ 1.45
Diluted 0.43 0.33 1.66 1.45
Dividends declared per common share $ 0.32 $ 0.29 $ 0.96 $ 0.87
NCM        
Other income (expense)        
Distributions from NCM $ 2,386 $ 2,144 $ 12,168 $ 11,704
Interest expense - NCM (4,983)   (14,875)  
Equity in income of affiliates 6,830 5,032 11,341 8,098
Admissions        
Revenues        
Total revenues 427,616 425,128 1,389,110 1,351,477
Concession        
Revenues        
Total revenues 264,165 247,027 831,243 777,573
Other        
Revenues        
Total revenues $ 62,454 $ 38,593 $ 202,906 $ 112,503
[1] Includes amortization of debt issue costs.