v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Adjustments to reconcile net income (loss) to cash (used for) provided by operating activities:    
Impairment of long-lived and other assets $ 0.0 $ 0.7
Share based awards compensation expense 6.4 5.7
Non-cash rent expense (4.4) (3.9)
Deferred income tax expense 33.7  
Financing activities    
Payments on finance leases (3.7) (3.5)
CNK    
Operating activities    
Net income (loss) 25.3 (2.5)
Adjustments to reconcile net income (loss) to cash (used for) provided by operating activities:    
Depreciation 48.9 54.4
Amortization of intangible and other assets 0.5 0.5
Amortization of original issue discount and debt issuance costs 2.4 2.7
Amortization of accumulated gains for amended swap agreements (3.1) (1.5)
Impairment of long-lived and other assets 0.0 0.7
Share based awards compensation expense 6.4 5.7
Loss on disposal of assets and other 0.4 0.3
Unrealized gain on investment in NCMI (4.4) 0.0
Non-cash rent expense (4.4) (3.9)
Equity in income (loss) of affiliates (3.8) 2.1
Deferred income tax expense (37.1) (8.8)
Distributions from equity investees 1.3 0.0
Changes in assets and liabilities and other (52.5) (39.4)
Net cash (used for) provided by operating activities (22.7) 7.9
Investing activities    
Additions to theatre properties and equipment (23.5) (26.3)
Proceeds from sale of theatre properties and equipment and other 0.2 0.0
Net cash used for investing activities (23.3) (26.3)
Financing activities    
Repayments of long-term debt (1.9) (2.6)
Restricted stock withholdings for payroll taxes (4.2) (2.0)
Payments on finance leases (3.7) (3.5)
Other financing activities (0.6) 3.2
Net cash used for financing activities (10.4) (4.9)
Effect of exchange rate changes on cash and cash equivalents (4.1) (1.1)
Decrease in cash and cash equivalents (60.5) (24.4)
Cash and cash equivalents:    
Beginning of period 849.1 674.5
End of period 788.6 650.1
CUSA    
Operating activities    
Net income (loss) 27.9 6.3
Adjustments to reconcile net income (loss) to cash (used for) provided by operating activities:    
Depreciation 48.9 54.4
Amortization of intangible and other assets 0.5 0.5
Amortization of original issue discount and debt issuance costs 1.6 1.9
Amortization of accumulated gains for amended swap agreements (3.1) (1.5)
Impairment of long-lived and other assets 0.0 0.7
Share based awards compensation expense 6.0 5.4
Loss on disposal of assets and other 0.4 0.3
Unrealized gain on investment in NCMI (4.4) 0.0
Non-cash rent expense (4.4) (3.9)
Equity in income (loss) of affiliates (3.8) 2.1
Deferred income tax expense (34.3) (13.3)
Distributions from equity investees 1.3 0.0
Changes in assets and liabilities and other (50.4) (34.8)
Net cash (used for) provided by operating activities (16.4) 15.7
Investing activities    
Additions to theatre properties and equipment (23.5) (26.3)
Proceeds from sale of theatre properties and equipment and other 0.2 0.0
Net cash used for investing activities (23.3) (26.3)
Financing activities    
Repayments of long-term debt (1.9) (2.6)
Restricted stock withholdings for payroll taxes (4.2) (2.0)
Payments on finance leases (3.7) (3.5)
Other financing activities (0.6) 3.2
Net cash used for financing activities (10.4) (4.9)
Effect of exchange rate changes on cash and cash equivalents (4.1) (1.1)
Decrease in cash and cash equivalents (54.2) (16.6)
Cash and cash equivalents:    
Beginning of period 612.4 427.3
End of period 558.2 410.7
NCM | CNK    
Adjustments to reconcile net income (loss) to cash (used for) provided by operating activities:    
Interest accrued on NCM screen advertising advances 5.5 5.7
Amortization of NCM screen advertising advances and other deferred revenues (8.1) (8.1)
NCM | CUSA    
Adjustments to reconcile net income (loss) to cash (used for) provided by operating activities:    
Interest accrued on NCM screen advertising advances 5.5 5.7
Amortization of NCM screen advertising advances and other deferred revenues (8.1) (8.1)
NCMI | CNK    
Adjustments to reconcile net income (loss) to cash (used for) provided by operating activities:    
Unrealized gain on investment in NCMI 4.4 0.0
NCMI | CUSA    
Adjustments to reconcile net income (loss) to cash (used for) provided by operating activities:    
Unrealized gain on investment in NCMI $ 4.4 $ 0.0

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