Business Segment Information

3 Months Ended

Mar. 29, 2018

4. Business Segment Information

The Company’s primary operations are reported in the following business segments: Theatres and Hotels/Resorts. Corporate items include amounts not allocable to the business segments. Corporate revenues consist principally of rent and the corporate operating loss includes general corporate expenses. Corporate information technology costs and accounting shared services costs are allocated to the business segments based upon several factors, including actual usage and segment revenues.

Following is a summary of business segment information for the 13 weeks ended March 29, 2018 and March 30, 2017 (in thousands):

13 Weeks Ended March 29, 2018	Theatres		Hotels/ Resorts		Corporate Items		Total
Revenues ⁽¹⁾	$	112,935	$	55,168	$	88	$	168,191
Operating income (loss)		23,983		(2,649)		(4,318)		17,016
Depreciation and amortization		9,228		4,590		86		13,904

13 Weeks Ended March 30, 2017	Theatres		Hotels/ Resorts		Corporate Items		Total
Revenues ⁽¹⁾	$	112,006	$	53,340	$	110	$	165,456
Operating income (loss)		24,723		(2,675)		(3,595)		18,453
Depreciation and amortization		7,793		4,357		98		12,248

(1) Revenues include cost reimbursements of $7,772 for the 13 weeks ended March 29, 2018 (Theatres - $479, Hotels/Resorts - $7,293) and $7,502 for the 13 weeks ended March 30, 2017 (Theatres - $618, Hotels/Resorts - $6,884).