Quarterly report pursuant to Section 13 or 15(d)

Equity

v3.10.0.1
Equity
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Equity

6.

Equity

Below is a summary of changes in stockholders’ equity attributable to Cinemark Holdings, Inc., noncontrolling interests and total equity for the nine months ended September 30, 2018 and 2017:

 

 

 

Cinemark

 

 

 

 

 

 

 

 

 

 

 

Holdings, Inc.

 

 

 

 

 

 

 

 

 

 

 

Stockholders’

 

 

Noncontrolling

 

 

Total

 

 

 

Equity

 

 

Interests

 

 

Equity

 

Balance at January 1, 2018

 

$

1,393,795

 

 

$

11,893

 

 

$

1,405,688

 

Cumulative effect of change in accounting principle, net

   of taxes of $13,079 (see Note 3)

 

 

40,526

 

 

 

 

 

 

40,526

 

Share based awards compensation expense

 

 

10,364

 

 

 

 

 

 

10,364

 

Stock withholdings related to share based awards that

   vested during the nine months ended

   September 30, 2018

 

 

(2,905

)

 

 

 

 

 

(2,905

)

Dividends paid to stockholders (1)

 

 

(112,108

)

 

 

 

 

 

(112,108

)

Dividends accrued on unvested restricted stock unit

   awards (1)

 

 

(416

)

 

 

 

 

 

(416

)

Net income

 

 

194,384

 

 

 

878

 

 

 

195,262

 

Other comprehensive loss in equity method investees

 

 

(43

)

 

 

 

 

 

(43

)

Foreign currency translation adjustments

 

 

(66,841

)

 

 

 

 

 

(66,841

)

Balance at September 30, 2018

 

$

1,456,756

 

 

$

12,771

 

 

$

1,469,527

 

 

 

(1)

Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2018:  

 

 

 

 

 

 

Amount per Share

 

 

 

 

 

Declaration Date

 

Record Date

 

Payable Date

 

of Common Stock

 

 

Total

 

2/23/2018

 

3/8/2018

 

3/22/2018

 

$

0.32

 

 

$

37,471

 

5/25/2018

 

6/8/2018

 

6/22/2018

 

 

0.32

 

 

 

37,523

 

8/23/2018

 

9/4/2018

 

9/18/2018

 

 

0.32

 

 

 

37,530

 

 

 

 

 

Total

 

$

0.96

 

 

$

112,524

 

 

 

 

Cinemark

 

 

 

 

 

 

 

 

 

 

 

Holdings, Inc.

 

 

 

 

 

 

 

 

 

 

 

Stockholders’

 

 

Noncontrolling

 

 

Total

 

 

 

Equity

 

 

Interests

 

 

Equity

 

Balance at January 1, 2017

 

$

1,261,818

 

 

$

11,142

 

 

$

1,272,960

 

Share based awards compensation expense

 

 

9,487

 

 

 

 

 

9,487

 

Stock withholdings related to share based awards that

   vested during the nine months ended

   September 30, 2017

 

 

(2,943

)

 

 

 

 

(2,943

)

Tax expense related to share based award vesting

 

 

(32

)

 

 

 

 

(32

)

Dividends paid to stockholders (2)

 

 

(101,304

)

 

 

 

 

(101,304

)

Dividends accrued on unvested restricted stock unit

   awards (2)

 

 

(423

)

 

 

 

 

(423

)

Dividends paid to noncontrolling interests

 

 

 

 

(588

)

 

 

(588

)

Net income

 

 

169,106

 

 

 

1,438

 

 

 

170,544

 

Other comprehensive income in equity method investees

 

 

92

 

 

 

 

 

92

 

Foreign currency translation adjustments

 

 

4,027

 

 

 

 

 

4,027

 

Balance at September 30, 2017

 

$

1,339,828

 

 

$

11,992

 

 

$

1,351,820

 

 

 

(2)

Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2017:    

 

 

 

 

 

 

Amount per Share

 

 

 

 

 

Declaration Date

 

Record Date

 

Payable Date

 

of Common Stock

 

 

Total

 

2/23/2017

 

3/8/2017

 

3/20/2017

 

$

0.29

 

 

$

33,912

 

5/25/2017

 

6/8/2017

 

6/22/2017

 

 

0.29

 

 

 

33,904

 

8/10/2017

 

8/31/2017

 

9/13/2017

 

 

0.29

 

 

 

33,911

 

 

 

 

 

Total

 

$

0.87

 

 

$

101,727