CONDENSED CONSOLIDATING FINANCIAL INFORMATION - Statements of Operations (Details) - USD ($) |
3 Months Ended | 12 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2016 |
Sep. 30, 2016 |
Jun. 30, 2016 |
Mar. 31, 2016 |
Dec. 31, 2015 |
Sep. 30, 2015 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Dec. 31, 2014 |
Sep. 30, 2014 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
Revenues | |||||||||||||||
Admissions | $ 2,049,428,000 | $ 1,892,037,000 | $ 1,765,388,000 | ||||||||||||
Food and beverage | 1,019,093,000 | 910,086,000 | 797,735,000 | ||||||||||||
Other theatre | 167,325,000 | 144,777,000 | 132,267,000 | ||||||||||||
Total revenues | $ 926,096,000 | $ 779,771,000 | $ 763,962,000 | $ 766,017,000 | $ 783,857,000 | $ 688,840,000 | $ 821,079,000 | $ 653,124,000 | $ 712,155,000 | $ 633,904,000 | $ 726,573,000 | $ 622,758,000 | 3,235,846,000 | 2,946,900,000 | 2,695,390,000 |
Operating costs and expenses | |||||||||||||||
Film exhibition costs | 1,089,501,000 | 1,021,457,000 | 934,246,000 | ||||||||||||
Food and beverage costs | 142,167,000 | 128,569,000 | 111,991,000 | ||||||||||||
Operating expense (income) | 873,456,000 | 795,722,000 | 733,338,000 | ||||||||||||
Rent | 505,463,000 | 467,822,000 | 455,239,000 | ||||||||||||
General and administrative: | |||||||||||||||
Merger, acquisition and transaction costs | 47,895,000 | 3,398,000 | 1,161,000 | ||||||||||||
Other | 90,719,000 | 58,212,000 | 64,873,000 | ||||||||||||
Depreciation and amortization | 268,243,000 | 232,961,000 | 216,321,000 | ||||||||||||
Impairment of long-lived assets | 5,544,000 | 1,702,000 | 3,149,000 | ||||||||||||
Operating costs and expenses | 3,022,988,000 | 2,709,843,000 | 2,520,318,000 | ||||||||||||
Operating income | 32,479,000 | 65,524,000 | 55,604,000 | 59,251,000 | 75,292,000 | 35,539,000 | 94,173,000 | 32,053,000 | 60,622,000 | 28,514,000 | 68,397,000 | 17,539,000 | 212,858,000 | 237,057,000 | 175,072,000 |
Other expense (income) | |||||||||||||||
Other expense (income) | (446,000) | 10,684,000 | (8,344,000) | ||||||||||||
Interest expense: | |||||||||||||||
Corporate borrowings | 110,731,000 | 96,857,000 | 111,072,000 | ||||||||||||
Capital and financing lease obligations | 10,806,000 | 9,231,000 | 9,867,000 | ||||||||||||
Equity in earnings of non-consolidated entities | (47,718,000) | (37,131,000) | (26,615,000) | ||||||||||||
Investment expense (income) | (10,154,000) | (6,115,000) | (8,145,000) | ||||||||||||
Total other expense | 63,219,000 | 73,526,000 | 77,835,000 | ||||||||||||
Earnings (loss) before income taxes | 149,639,000 | 163,531,000 | 97,237,000 | ||||||||||||
Income tax provision | 19,200,000 | 37,972,000 | 59,675,000 | 33,470,000 | |||||||||||
Earnings from continuing operations | $ 41,617,000 | $ 12,178,000 | $ 43,923,000 | $ 6,138,000 | 29,819,000 | 7,376,000 | 31,414,000 | (4,842,000) | 111,667,000 | 103,856,000 | 63,767,000 | ||||
Earnings (loss) from discontinued operations, net of income taxes | (21,000) | 334,000 | 313,000 | ||||||||||||
Net earnings | $ 28,973,000 | $ 30,436,000 | $ 23,967,000 | $ 28,291,000 | $ 29,819,000 | $ 7,376,000 | $ 31,393,000 | $ (4,508,000) | 111,667,000 | 103,856,000 | 64,080,000 | ||||
Consolidating Adjustments | |||||||||||||||
Other expense (income) | |||||||||||||||
Equity in net (earnings) loss of subsidiaries | 152,401,000 | 92,381,000 | 49,496,000 | ||||||||||||
Interest expense: | |||||||||||||||
Corporate borrowings | (123,523,000) | (129,823,000) | (149,548,000) | ||||||||||||
Investment expense (income) | 123,523,000 | 129,823,000 | 149,548,000 | ||||||||||||
Total other expense | 152,401,000 | 92,381,000 | 49,496,000 | ||||||||||||
Earnings (loss) before income taxes | (152,401,000) | (92,381,000) | (49,496,000) | ||||||||||||
Earnings from continuing operations | (49,496,000) | ||||||||||||||
Net earnings | (152,401,000) | (92,381,000) | (49,496,000) | ||||||||||||
AMCEH | |||||||||||||||
Operating costs and expenses | |||||||||||||||
Operating expense (income) | 75,000 | 96,000 | |||||||||||||
General and administrative: | |||||||||||||||
Other | 1,996,000 | ||||||||||||||
Operating costs and expenses | 1,996,000 | 75,000 | 96,000 | ||||||||||||
Operating income | (1,996,000) | (75,000) | (96,000) | ||||||||||||
Other expense (income) | |||||||||||||||
Equity in net (earnings) loss of subsidiaries | (119,732,000) | (93,375,000) | (51,401,000) | ||||||||||||
Interest expense: | |||||||||||||||
Corporate borrowings | 110,526,000 | 97,163,000 | 110,861,000 | ||||||||||||
Investment expense (income) | (104,457,000) | (107,719,000) | (123,636,000) | ||||||||||||
Total other expense | (113,663,000) | (103,931,000) | (64,176,000) | ||||||||||||
Earnings (loss) before income taxes | 111,667,000 | 103,856,000 | 64,080,000 | ||||||||||||
Earnings from continuing operations | 64,080,000 | ||||||||||||||
Net earnings | 111,667,000 | 103,856,000 | 64,080,000 | ||||||||||||
Subsidiary Guarantors | |||||||||||||||
Revenues | |||||||||||||||
Admissions | 1,945,162,000 | 1,887,584,000 | 1,760,781,000 | ||||||||||||
Food and beverage | 972,940,000 | 908,153,000 | 795,789,000 | ||||||||||||
Other theatre | 152,346,000 | 144,275,000 | 131,931,000 | ||||||||||||
Total revenues | 3,070,448,000 | 2,940,012,000 | 2,688,501,000 | ||||||||||||
Operating costs and expenses | |||||||||||||||
Film exhibition costs | 1,039,948,000 | 1,019,327,000 | 932,108,000 | ||||||||||||
Food and beverage costs | 134,199,000 | 128,144,000 | 111,532,000 | ||||||||||||
Operating expense (income) | 830,824,000 | 791,917,000 | 729,282,000 | ||||||||||||
Rent | 491,131,000 | 465,830,000 | 453,106,000 | ||||||||||||
General and administrative: | |||||||||||||||
Merger, acquisition and transaction costs | 46,943,000 | 3,398,000 | 1,161,000 | ||||||||||||
Other | 84,800,000 | 58,174,000 | 64,831,000 | ||||||||||||
Depreciation and amortization | 252,948,000 | 232,896,000 | 216,258,000 | ||||||||||||
Impairment of long-lived assets | 5,544,000 | 1,702,000 | 3,149,000 | ||||||||||||
Operating costs and expenses | 2,886,337,000 | 2,701,388,000 | 2,511,427,000 | ||||||||||||
Operating income | 184,111,000 | 238,624,000 | 177,074,000 | ||||||||||||
Other expense (income) | |||||||||||||||
Equity in net (earnings) loss of subsidiaries | (32,669,000) | 994,000 | 1,905,000 | ||||||||||||
Other expense (income) | (429,000) | 10,684,000 | (8,344,000) | ||||||||||||
Interest expense: | |||||||||||||||
Corporate borrowings | 123,671,000 | 129,517,000 | 149,759,000 | ||||||||||||
Capital and financing lease obligations | 8,490,000 | 9,231,000 | 9,867,000 | ||||||||||||
Equity in earnings of non-consolidated entities | (46,920,000) | (37,131,000) | (26,615,000) | ||||||||||||
Investment expense (income) | (28,327,000) | (27,721,000) | (34,056,000) | ||||||||||||
Total other expense | 23,816,000 | 85,574,000 | 92,516,000 | ||||||||||||
Earnings (loss) before income taxes | 160,295,000 | 153,050,000 | 84,558,000 | ||||||||||||
Income tax provision | 40,563,000 | 59,675,000 | 33,470,000 | ||||||||||||
Earnings from continuing operations | 51,088,000 | ||||||||||||||
Earnings (loss) from discontinued operations, net of income taxes | 313,000 | ||||||||||||||
Net earnings | 119,732,000 | 93,375,000 | 51,401,000 | ||||||||||||
Subsidiary Non-Guarantors | |||||||||||||||
Revenues | |||||||||||||||
Admissions | 104,266,000 | 4,453,000 | 4,607,000 | ||||||||||||
Food and beverage | 46,153,000 | 1,933,000 | 1,946,000 | ||||||||||||
Other theatre | 14,979,000 | 502,000 | 336,000 | ||||||||||||
Total revenues | 165,398,000 | 6,888,000 | 6,889,000 | ||||||||||||
Operating costs and expenses | |||||||||||||||
Film exhibition costs | 49,553,000 | 2,130,000 | 2,138,000 | ||||||||||||
Food and beverage costs | 7,968,000 | 425,000 | 459,000 | ||||||||||||
Operating expense (income) | 42,632,000 | 3,730,000 | 3,960,000 | ||||||||||||
Rent | 14,332,000 | 1,992,000 | 2,133,000 | ||||||||||||
General and administrative: | |||||||||||||||
Merger, acquisition and transaction costs | 952,000 | ||||||||||||||
Other | 3,923,000 | 38,000 | 42,000 | ||||||||||||
Depreciation and amortization | 15,295,000 | 65,000 | 63,000 | ||||||||||||
Operating costs and expenses | 134,655,000 | 8,380,000 | 8,795,000 | ||||||||||||
Operating income | 30,743,000 | (1,492,000) | (1,906,000) | ||||||||||||
Other expense (income) | |||||||||||||||
Other expense (income) | (17,000) | ||||||||||||||
Interest expense: | |||||||||||||||
Corporate borrowings | 57,000 | ||||||||||||||
Capital and financing lease obligations | 2,316,000 | ||||||||||||||
Equity in earnings of non-consolidated entities | (798,000) | ||||||||||||||
Investment expense (income) | (893,000) | (498,000) | (1,000) | ||||||||||||
Total other expense | 665,000 | (498,000) | (1,000) | ||||||||||||
Earnings (loss) before income taxes | 30,078,000 | (994,000) | (1,905,000) | ||||||||||||
Income tax provision | (2,591,000) | ||||||||||||||
Earnings from continuing operations | (1,905,000) | ||||||||||||||
Net earnings | $ 32,669,000 | $ (994,000) | $ (1,905,000) |