Commitments And Contingencies

12 Months Ended

Dec. 31, 2011

Commitments And Contingencies [Abstract]

Commitments And Contingencies

NOTE 15—COMMITMENTS AND CONTINGENCIES

Lease Obligations

At December 31, 2011, payments required on operating leases, capital leases and financing obligations are as follows:

	Operating Leases		Capital Leases			Financing Obligations
2012	$	44,590	$	5,993			11,409
2013		42,113		6,067			11,741
2014		40,944		5,963			11,553
2015		39,891		6,036			11,781
2016		35,665		5,894			12,132
Thereafter		197,327		25,918			168,118
Total minimum lease payments	$	400,530		55,871			226,734
Less amounts representing interest ranging from 3.6% to 19.6%				(27,611	)		(138,470	)
Present value of future minimum lease payments				28,260			88,264
Less current maturities				(1,613	)		(303	)
Long-term obligations			$	26,647			87,961

Rent expense on operating leases was $46,411, $47,798 and $47,462 for 2011, 2010 and 2009, respectively. Included in such amounts are approximately $1,426, $1,767 and $1,597 in contingent rental expense for 2011, 2010 and 2009, respectively. Interest expense includes $1,205, $1,394 and $1,452 for 2011, 2010 and 2009, respectively, related to contingent rent on capital leases and financing obligations.

Self Insurance–General Liability and Workers Compensation Insurance

The Company maintains a deductible of $150 per claim on its general liability insurance policy and a deductible of $300 per claim on its workers compensation insurance policy. The Company uses historical data and actuarial estimates to estimate the cost of claims incurred that are not covered by the insurance policies as of the balance sheet date. The Company has accrued $1,767 and $1,357 at December 31, 2011 and 2010, respectively, for such claims. These costs are included in other theatre operating costs in the consolidated statements of operations.