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Consolidated Statements Of Income
$ in Thousands, NZD in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
USD ($)
$ / shares
shares
Jun. 30, 2016
USD ($)
$ / shares
shares
Jun. 30, 2017
USD ($)
$ / shares
shares
Jun. 30, 2016
USD ($)
$ / shares
shares
Revenue        
Cinema $ 67,443 $ 63,439 $ 134,003 $ 124,754
Real estate 4,970 3,479 7,864 6,953
Total revenue 72,413 66,918 141,867 131,707
Costs and expenses        
Cinema (52,139) (48,805) (103,921) (96,761)
Real estate (2,342) (2,191) (4,377) (4,332)
Depreciation and amortization (4,054) (3,828) (7,987) (7,635)
General and administrative (6,118) (6,006) (12,291) (12,197)
Total costs and expenses (64,653) (60,830) (128,576) (120,925)
Operating income 7,760 6,088 13,291 10,782
Interest income 14 19 34 56
Interest expense (1,801) (1,781) (3,681) (3,692)
Gain on sale of assets 9,417   9,417 393 [1]
Gain on insurance recoveries 9,217   9,217  
Other income (expense) 27 (46) 848 (104)
Income before income taxes and equity earnings of unconsolidated joint ventures 24,634 4,280 29,126 7,435
Equity earnings of unconsolidated joint ventures and entities 264 305 518 608 [1]
Income before income taxes 24,898 4,585 29,644 8,043
Income tax expense (5,846) (1,663) (7,549) (2,894)
Net income 19,052 2,922 22,095 5,149 [1]
Less: net income (loss) attributable to non-controlling interests 20 (48) 32 (50)
Net income attributable to Reading International, Inc. common shareholders $ 19,032 $ 2,970 $ 22,063 $ 5,199
Basic earnings per share attributable to Reading International, Inc. shareholders | $ / shares $ 0.82 $ 0.13 $ 0.95 $ 0.22
Diluted earnings per share attributable to Reading International, Inc. shareholders | $ / shares $ 0.81 $ 0.13 $ 0.94 $ 0.22
Weighted average number of shares outstanding-basic | shares 23,148,995 23,334,892 23,168,703 23,334,892
Weighted average number of shares outstanding-diluted | shares 23,396,143 23,543,959 23,415,851 23,543,959
[1] Certain 2016 balances have been reclassified to conform to the 2017 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).