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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

The following table presents computations of basic and diluted earnings per share under the two class method:

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2016

 

 

2017

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Cinemark Holdings, Inc.

 

$

255,091

 

 

$

264,180

 

 

$

213,827

 

Earnings allocated to participating share-based awards (1)

 

 

(1,187

)

 

 

(1,350

)

 

 

(1,168

)

Net income attributable to common stockholders

 

$

253,904

 

 

$

262,830

 

 

$

212,659

 

Denominator (shares in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

115,508

 

 

 

115,766

 

 

 

116,054

 

Common equivalent shares for restricted stock units

 

 

275

 

 

 

293

 

 

 

288

 

Diluted weighted average shares outstanding

 

 

115,783

 

 

 

116,059

 

 

 

116,342

 

Basic earnings per share attributable to common stockholders

 

$

2.19

 

 

$

2.26

 

 

$

1.83

 

Diluted earnings per share attributable to common stockholders

 

$

2.19

 

 

$

2.26

 

 

$

1.83

 

 

(1)

For the years ended December 31, 2016, 2017 and 2018, a weighted average of approximately 542 shares, 596 shares and 640 shares, of unvested restricted stock, respectively, are considered participating securities.