Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.8.0.1
Equity (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Summary of Changes in Stockholders' 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, 2017 and 2016:

 

 

 

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 awards vesting

 

 

(32

)

 

 

 

 

(32

)

Dividends paid to stockholders (1)

 

 

(101,304

)

 

 

 

 

 

(101,304

)

Dividends accrued on unvested restricted stock unit

   awards (1)

 

 

(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 (see Note 12)

 

 

4,027

 

 

 

 

 

 

4,027

 

Balance at September 30, 2017

 

$

1,339,828

 

 

$

11,992

 

 

$

1,351,820

 

 

 

(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, 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

 

 

 

 

Cinemark

 

 

 

 

 

 

 

 

 

 

 

Holdings, Inc.

 

 

 

 

 

 

 

 

 

 

 

Stockholders’

 

 

Noncontrolling

 

 

Total

 

 

 

Equity

 

 

Interests

 

 

Equity

 

Balance at January 1, 2016

 

$

1,099,708

 

 

$

11,105

 

 

$

1,110,813

 

Share based awards compensation expense

 

 

10,247

 

 

 

 

 

10,247

 

Stock withholdings related to share based awards that

   vested during the nine months ended September 30, 2016

 

 

(6,828

)

 

 

 

 

(6,828

)

Issuance of common stock related to restricted stock units

   that vested during the nine months ended September 30, 2016

 

 

1

 

 

 

 

 

1

 

Tax benefit related to share based awards vesting

 

 

1,797

 

 

 

 

 

1,797

 

Dividends paid to stockholders (2)

 

 

(94,117

)

 

 

 

 

(94,117

)

Dividends accrued on unvested restricted stock unit

   awards (2)

 

 

(360

)

 

 

 

 

(360

)

Dividends paid to noncontrolling interests

 

 

 

 

(515

)

 

 

(515

)

Net income

 

 

178,086

 

 

 

1,454

 

 

 

179,540

 

Fair value adjustments on interest rate swap agreements

   designated as hedges, net of settlements, net of

   taxes of  $138

 

 

234

 

 

 

 

 

234

 

Gain realized on available-for-sale securities, net of

   taxes of $1,180

 

 

(2,011

)

 

 

 

 

(2,011

)

Other comprehensive loss in equity method investees

 

 

(183

)

 

 

 

 

(183

)

Foreign currency translation adjustments

 

 

34,974

 

 

 

24

 

 

 

34,998

 

Balance at September 30, 2016

 

$

1,221,548

 

 

$

12,068

 

 

$

1,233,616

 

 

 

(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, 2016:  

 

 

 

 

 

 

Amount per Share

 

 

 

 

Declaration Date

 

Record Date

 

Payable Date

 

of Common Stock

 

 

Total

 

2/24/2016

 

3/7/2016

 

3/18/2016

 

$

0.27

 

 

$

31,367

 

5/26/2016

 

6/8/2016

 

6/22/2016

 

 

0.27

 

 

 

31,373

 

8/18/2016

 

8/31/2016

 

9/13/2016

 

 

0.27

 

 

 

31,737

 

 

 

 

 

Total

 

$

0.81

 

 

$

94,477