XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 425,194 $ 426,222
Inventories 18,142 19,319
Accounts receivable 85,062 95,084
Current income tax receivable 4,213 3,288
Prepaid expenses and other 11,895 15,117
Total current assets 544,506 559,030
Theatre properties and equipment 3,213,464 3,404,150
Less: accumulated depreciation and amortization 1,489,011 1,571,017
Theatre properties and equipment, net 1,724,453 1,833,133
Operating lease right-of-use assets 1,443,451 [1] 0
Other assets    
Goodwill [2] 1,276,753 1,276,324
Intangible assets - net 324,952 330,910
Investments in and advances to affiliates 157,458 156,766
Long-term deferred tax asset 7,851 9,028
Deferred charges and other assets - net 38,910 41,055
Total other assets 2,078,338 2,089,675
Total assets 5,790,748 4,481,838
Current liabilities    
Current portion of long-term debt 7,984 7,984
Current portion of operating lease obligations 211,387 [1] 0
Current portion of finance and capital lease obligations 14,942 27,065
Current income tax payable 31,855 12,179
Current liability for uncertain tax positions 225 573
Accounts payable and accrued expenses 390,585 426,888
Total current liabilities 656,978 474,689
Long-term liabilities    
Long-term debt, less current portion 1,772,304 1,772,627
Operating lease obligations, less current portion 1,284,317 [1] 0
Finance and capital lease obligations, less current portion 134,216 232,467
Long-term deferred tax liability 148,665 155,626
Long-term liability for uncertain tax positions 13,546 13,380
Deferred lease expenses 0 39,235
Other long-term liabilities 31,992 50,348
Total long-term liabilities 3,669,984 2,551,032
Commitments and contingencies (see Note 18) 0 0
Cinemark Holdings, Inc.'s stockholders' equity:    
Common stock, $0.001 par value: 300,000,000 shares authorized, 121,792,137 shares issued and 117,107,057 shares outstanding at March 31, 2019 and 121,456,721 shares issued and 116,830,530 shares outstanding at December 31, 2018 121 121
Additional paid-in-capital 1,158,394 1,155,424
Treasury stock, 4,685,080 and 4,626,191 shares, at cost, at March 31, 2019 and December 31, 2018, respectively (81,206) (79,259)
Retained earnings 696,267 686,459
Accumulated other comprehensive loss (321,634) (319,007)
Total Cinemark Holdings, Inc.'s stockholders' equity 1,451,942 1,443,738
Noncontrolling interests 11,844 12,379
Total equity 1,463,786 1,456,117
Total liabilities and equity 5,790,748 4,481,838
NCM    
Other assets    
Investment in NCM 272,414 275,592
Long-term liabilities    
Deferred revenue - NCM $ 284,944 $ 287,349
[1] The lease right-of-use assets and liabilities recorded on the Company’s condensed consolidated balance sheet generally do not include renewal options that have not yet been executed. The Company does not consider a lease renewal exercise as reasonably certain until immediately before the necessary notification is provided to the landlord.
[2] Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment.