Discontinued Operations

12 Months Ended

Dec. 31, 2011

Discontinued Operations [Abstract]

Discontinued Operations

NOTE 13—DISCONTINUED OPERATIONS

Theatres are generally considered for closure due to an expiring lease term, underperformance, or the opportunity to better deploy invested capital. In 2011, 2010 and 2009, the Company closed seven, eight and eleven theatres, respectively. Of those closures, in 2011, 2010 and 2009, the Company classified five, two, and three theatres, respectively, as discontinued operations.

All activity from prior years included in the accompanying consolidated statements of operations has been reclassified to separately reflect the results of operations from discontinued operations through the respective date of the theatre closings. Assets and liabilities associated with the discontinued operations have not been segregated from assets and liabilities from continuing operations as they are not material.

The following table sets forth the summary of activity for discontinued operations for the years ended December 31, 2011, 2010, and 2009:

	For the year ended December 31,
	2011			2010			2009
Revenue from discontinued operations	$	497		$	4,530			6,658
Operating loss before income taxes	$	(500	)	$	(407	)	$	(198	)
Income tax benefit for discontinued operations	$	171		$	157		$	76
Gain (loss) on disposal, before taxes	$	231		$	247		$	(117	)
Income tax (expense) benefit on disposal	$	(79	)	$	(95	)	$	45
Loss from discontinued operations	$	(177	)	$	(98	)	$	(194	)