Segments (Tables)

12 Months Ended

Dec. 31, 2013

Selected Financial Information by Reportable Operating Segment

Below is a breakdown of select financial information by reportable operating segment:

	Year Ended December 31,
	2011			2012			2013
Revenues:
U.S.	$	1,593,667		$	1,706,511		$	1,912,674
International		696,119			777,663			783,053
Eliminations		(10,173	)		(10,643	)		(12,833	)
Total revenues	$	2,279,613		$	2,473,531		$	2,682,894
	Year Ended December 31,
	2011			2012			2013
Adjusted EBITDA:
U.S.	$	371,212		$	409,860		$	455,489
International		148,261			179,375			169,834
Total Adjusted EBITDA	$	519,473		$	589,235		$	625,323
	Year Ended December 31,
	2011			2012			2013
Capital expenditures:
U.S.	$	79,510		$	107,323		$	117,488
International		105,309			113,404			142,182
Total capital expenditures	$	184,819		$	220,727		$	259,670

Reconciliation of Net Income to Adjusted EBITDA

The following table sets forth a reconciliation of net income to Adjusted EBITDA:

	Year Ended December 31,
	2011			2012			2013
Net income	$	132,582		$	171,420		$	150,548
Add (deduct):
Income taxes		73,050			125,398			113,316
Interest expense (1)		123,102			123,665			124,714
Loss on early retirement of debt		4,945			5,599			72,302
Loss on marketable securities — RealD		12,610			—			—
Other income (2)		(13,594	)		(21,568	)		(24,688	)
Depreciation and amortization		154,449			147,675			163,970
Impairment of long-lived assets		7,033			3,031			3,794
(Gain) loss on sale of assets and other		8,792			12,168			(3,845	)
Deferred lease expenses		4,155			4,104			5,701
Amortization of long-term prepaid rents		2,657			2,673			2,625
Share based awards compensation expense		9,692			15,070			16,886
Adjusted EBITDA	$	519,473		$	589,235		$	625,323

⁽¹⁾  Includes amortization of debt issue costs.

⁽²⁾  Includes interest income, foreign currency exchange gain (loss), and equity in income of affiliates and excludes distributions from NCM. Distributions from NCM are reported entirely within the U.S. operating segment.

Selected Financial Information by Geographic Area

Below is a breakdown of select financial information by geographic area:

	Year Ended December 31,
	2011			2012			2013
Revenues
U.S.	$	1,593,667		$	1,706,511		$	1,912,674
Brazil		358,820			328,136			325,762
Other foreign countries		337,299			449,527			457,291
Eliminations		(10,173	)		(10,643	)		(12,833	)
Total	$	2,279,613		$	2,473,531		$	2,682,894

	December 31,
	2012		2013
Theatres properties and equipment, net
U.S.	$	940,922	$	1,062,471
Brazil		190,990		201,492
Other foreign countries		173,046		163,227
Total	$	1,304,958	$	1,427,190