Guarantor Subsidiaries (Tables)

6 Months Ended

Jun. 30, 2013

Condensed Consolidating Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET

	As of June 30, 2013
	Carmike			Guarantor			Non-Guarantor
	Cinemas, Inc.			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Assets:
Current assets:
Cash and cash equivalents	$	67,979		$	13,112		$	2,645		$	—		$	83,736
Restricted cash		13			—			—			—			13
Accounts receivable		8,111			359			3,121			(3,063	)		8,528
Inventories		684			2,424			472			—			3,580
Deferred income tax asset		3,258			435			778			—			4,471
Prepaid expenses and other current assets		7,641			4,999			3,457			(4,721	)		11,376
Total current assets		87,686			21,329			10,473			(7,784	)		111,704
Property and equipment:
Land		12,080			39,761			—			—			51,841
Buildings and building improvements		45,584			222,329			67,077			—			334,990
Leasehold improvements		19,249			109,828			16,305			—			145,382
Assets under capital leases		8,675			36,295			—			—			44,970
Equipment		65,378			161,399			12,925			—			239,702
Construction in progress		1,991			4,852			—			—			6,843
Total property and equipment		152,957			574,464			96,307			—			823,728
Accumulated depreciation and amortization		(80,998	)		(301,065	)		(5,589	)		—			(387,652	)
Property and equipment, net of accumulated depreciation		71,959			273,399			90,718			—			436,076
Intercompany receivables		87,137			—			4,643			(91,780	)		—
Investments in subsidiaries		157,288			131			—			(157,419	)		—
Goodwill		—			8,087			36,490			—			44,577
Intangible assets, net of accumulated amortization		—			1,009			—			—			1,009
Investments in unconsolidated affiliates		5,111			925			—			—			6,036
Deferred income tax asset		57,784			42,929			199			—			100,912
Other assets		13,376			5,854			397			—			19,627
Total assets	$	480,341		$	353,663		$	142,920		$	(256,983	)	$	719,941
Liabilities and stockholders’ equity:
Current liabilities:
Accounts payable	$	32,701		$	6,414		$	1,081		$	(3,063	)	$	37,133
Accrued expenses		20,698			18,509			6,471			(4,721	)		40,957
Current maturities of capital leases and long-term financing obligations		491			2,255			2,004			—			4,750
Total current liabilities		53,890			27,178			9,556			(7,784	)		82,840
Long-term liabilities:
Long-term debt		209,583			—			—			—			209,583
Capital leases and long-term financing obligations, less current maturities		27,670			83,758			107,227			—			218,655
Intercompany liabilities		—			91,780			—			(91,780	)		—
Deferred revenue		32,405			—			—			—			32,405
Other		5,321			13,374			6,291			—			24,986
Total long-term liabilities		274,979			188,912			113,518			(91,780	)		485,629
Stockholders’ equity:
Preferred stock		—			—			—			—			—
Common stock		542			1			—			(1	)		542
Treasury stock		(11,914	)		—			—			—			(11,914	)
Paid-in capital		350,982			237,800			22,213			(260,013	)		350,982
Accumulated deficit		(188,138	)		(100,228	)		(2,367	)		102,595			(188,138	)
Total stockholders’ equity		151,472			137,573			19,846			(157,419	)		151,472
Total liabilities and stockholders’ equity	$	480,341		$	353,663		$	142,920		$	(256,983	)	$	719,941

CONDENSED CONSOLIDATING BALANCE SHEET

	As of December 31, 2012
	Carmike			Guarantor			Non-Guarantor
	Cinemas, Inc.			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Assets:
Current assets:
Cash and cash equivalents	$	49,093		$	14,870		$	4,568		$	—		$	68,531
Restricted cash		293			—			—			—			293
Accounts receivable		5,058			874			5,250			(4,627	)		6,555
Inventories		926			2,823			437			—			4,186
Deferred income tax asset		3,203			—			—			(307	)		2,896
Prepaid expenses and other current assets		3,426			5,173			2,337			—			10,936
Total current assets		61,999			23,740			12,592			(4,934	)		93,397
Property and equipment:
Land		12,080			39,796			—			—			51,876
Buildings and building improvements		45,571			223,090			67,077			—			335,738
Leasehold improvements		19,200			107,111			15,447			—			141,758
Assets under capital leases		8,675			36,295			—			—			44,970
Equipment		64,167			158,333			12,723			—			235,223
Construction in progress		1,352			3,833			—			—			5,185
Total property and equipment		151,045			568,458			95,247			—			814,750
Accumulated depreciation and amortization		(77,302	)		(291,132	)		(1,389	)		—			(369,823	)
Property and equipment, net of accumulated depreciation		73,743			277,326			93,858			—			444,927
Intercompany receivables		92,801			—			7,002			(99,803	)		—
Investments in subsidiaries		157,522			126			—			(157,648	)		—
Goodwill		—			8,087			36,490			—			44,577
Intangible assets, net of accumulated amortization		—			1,061			—			—			1,061
Investments in unconsolidated affiliates		6,740			942			—			—			7,682
Deferred income tax asset		57,247			42,765			—			—			100,012
Other assets		14,299			6,026			747			—			21,072
Total assets	$	464,351		$	360,073		$	150,689		$	(262,385	)	$	712,728
Liabilities and stockholders’ equity:
Current liabilities:
Accounts payable	$	24,071		$	9,704		$	2,993		$	(4,627	)	$	32,141
Accrued expenses		14,601			17,250			8,505			(307	)		40,049
Current maturities of capital leases and long-term financing obligations		442			2,169			1,811			—			4,422
Total current liabilities		39,114			29,123			13,309			(4,934	)		76,612
Long-term liabilities:
Long-term debt		209,548			—			—			—			209,548
Capital leases and long-term financing obligations, less current maturities		27,876			84,557			108,292			—			220,725
Intercompany liabilities		—			99,803			—			(99,803	)		—
Deferred revenue		32,984			—			—			—			32,984
Other		5,395			11,487			6,543			—			23,425
Total long-term liabilities		275,803			195,847			114,835			(99,803	)		486,682
Stockholders’ equity:
Preferred stock		—			—			—			—			—
Common stock		540			1			—			(1	)		540
Treasury stock		(11,740	)		—			—			—			(11,740	)
Paid-in capital		349,666			237,800			22,037			(259,837	)		349,666
Accumulated deficit		(189,032	)		(102,698	)		508			102,190			(189,032	)
Total stockholders’ equity		149,434			135,103			22,545			(157,648	)		149,434
Total liabilities and stockholders’ equity	$	464,351		$	360,073		$	150,689		$	(262,385	)	$	712,728

Condensed Consolidating Statement of Operations

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

	Three Months Ended June 30, 2013
	Carmike			Guarantor			Non-Guarantor
	Cinemas, Inc.			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Revenues:
Admissions	$	14,733		$	76,587		$	16,505		$	—		$	107,825
Concessions and other		17,550			44,933			8,717			(8,552	)		62,648
Total operating revenues		32,283			121,520			25,222			(8,552	)		170,473
Operating costs and expenses:
Film exhibition costs		8,178			43,571			9,392			—			61,141
Concession costs		1,133			5,627			970			—			7,730
Other theatre operating costs		9,558			51,320			9,442			(8,552	)		61,768
General and administrative expenses		5,425			589			18			—			6,032
Depreciation and amortization		1,871			6,273			2,107			—			10,251
Gain on sale of property and equipment		—			(21	)		—			—			(21	)
Impairment of long-lived assets		23			184			—			—			207
Total operating costs and expenses		26,188			107,543			21,929			(8,552	)		147,108
Operating income		6,095			13,978			3,293			—			23,365
Interest expense		2,047			6,202			4,097			—			12,346
Equity in earnings of subsidiaries		(4,392	)		(1	)		—			4,393			—
Income (loss) before income tax and income from unconsolidated affiliates		8,440			7,777			(804	)		(4,393	)		11,019
Income tax expense (benefit)		2,016			3,052			(313	)		—			4,755
Income from unconsolidated affiliates		253			99			—			—			352
Income (loss) from continuing operations		6,677			4,824			(491	)		(4,393	)		6,616
Income from discontinued operations		—			61			—			—			61
Net income (loss)	$	6,677		$	4,885		$	(491	)	$	(4,393	)	$	6,677

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

	Three Months Ended June 30, 2012
	Carmike			Guarantor
	Cinemas, Inc.			Subsidiaries		Eliminations			Consolidated
Revenues:
Admissions	$	14,195		$	72,239	$	—		$	86,434
Concessions and other		14,954			40,752		(6,607	)		49,099
Total operating revenues		29,149			112,991		(6,607	)		135,533
Operating costs and expenses:
Film exhibition costs		7,974			40,280		—			48,254
Concession costs		997			4,484		—			5,481
Other theatre operating costs		10,255			48,642		(6,607	)		52,290
General and administrative expenses		4,588			586		—			5,174
Severance agreement charges		493			—		—			493
Depreciation and amortization		1,715			6,022		—			7,737
Impairment of long-lived assets		4			46		—			50
Total operating costs and expenses		26,026			100,060		(6,607	)		119,479
Operating income		3,123			12,931		—			16,054
Interest expense		2,363			6,248		—			8,611
Loss on extinguishment of debt		4,961			—		—			4,961
Equity in earnings of subsidiaries		(3,912	)		—		3,912			—
(Loss) income before income tax and (loss) income from unconsolidated affiliates		(289	)		6,683		(3,912	)		2,482
Income tax (benefit) expense		(2,034	)		2,946		—			912
(Loss) income from unconsolidated affiliates		(518	)		70		—			(448	)
Income from continuing operations		1,227			3,807		(3,912	)		1,122
(Loss) income from discontinued operations		(29	)		105		—			76
Net income	$	1,198		$	3,912	$	(3,912	)	$	1,198

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

	Six Months Ended June 30, 2013
	Carmike			Guarantor			Non-Guarantor
	Cinemas, Inc.			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Revenues:
Admissions	$	25,977		$	135,299		$	28,072		$	—		$	189,348
Concessions and other		31,527			79,742			14,973			(15,023	)		111,219
Total operating revenues		57,504			215,041			43,045			(15,023	)		300,567
Operating costs and expenses:
Film exhibition costs		14,215			74,472			15,718			—			104,405
Concession costs		2,034			9,905			1,760			—			13,699
Other theatre operating costs		19,406			97,401			17,944			(15,023	)		119,728
General and administrative expenses		10,854			1,159			34			—			12,047
Lease termination charges		—			3,063			—			—			3,063
Depreciation and amortization		3,750			12,533			4,200			—			20,483
Loss on sale of property and equipment		4			55			—			—			59
Impairment of long-lived assets		23			388			—			—			411
Total operating costs and expenses		50,286			198,976			39,656			(15,023	)		273,895
Operating income		7,218			16,065			3,389			—			26,672
Interest expense		4,072			12,360			8,213			—			24,645
Equity in loss (earnings) of subsidiaries		409			(4	)		—			(405	)		—
Income (loss) before income tax and (loss) income from unconsolidated affiliates		2,737			3,709			(4,824	)		405			2,027
Income tax expense (benefit)		1,009			1,398			(1,948	)		—			459
(Loss) income from unconsolidated affiliates		(835	)		172			—			—			(663	)
Income (loss) from continuing operations		893			2,483			(2,876	)		405			905
Income (loss) from discontinued operations		1			(12	)		—			—			(11	)
Net income (loss)	$	894		$	2,471		$	(2,876	)	$	405		$	894

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

	Six Months Ended June 30, 2012
	Carmike			Guarantor
	Cinemas, Inc.			Subsidiaries		Eliminations			Consolidated
Revenues:
Admissions	$	27,916		$	141,209	$	—		$	169,125
Concessions and other		29,752			79,543		(12,920	)		96,375
Total operating revenues		57,668			220,752		(12,920	)		265,500
Operating costs and expenses:
Film exhibition costs		15,179			76,318		—			91,497
Concession costs		2,008			9,040		—			11,048
Other theatre operating costs		21,363			95,978		(12,920	)		104,421
General and administrative expenses		9,016			1,158		—			10,174
Severance agreement charges		493			—		—			493
Depreciation and amortization		3,422			12,082		—			15,504
Loss on sale of property and equipment		20			228		—			248
Impairment of long-lived assets		13			1,523		—			1,536
Total operating costs and expenses		51,514			196,327		(12,920	)		234,921
Operating income		6,154			24,425		—			30,579
Interest expense		4,882			11,992		—			16,874
Loss on extinguishment of debt		4,961			—		—			4,961
Equity in earnings of subsidiaries		(7,284	)		—		7,284			—
Income before income tax and (loss) income from unconsolidated affiliates		3,595			12,433		(7,284	)		8,744
Income tax (benefit) expense		(2,129	)		5,449		—			3,320
(Loss) income from unconsolidated affiliates		(1,172	)		180		—			(992	)
Income from continuing operations		4,552			7,164		(7,284	)		4,432
(Loss) income from discontinued operations		(123	)		120		—			(3	)
Net income	$	4,429		$	7,284	$	(7,284	)	$	4,429

Condensed Consolidating Statement of Cash Flows

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

				For the Six Months Ended June 30, 2013
	Carmike			Guarantor			Non-Guarantor
	Cinemas, Inc.			Subsidiaries			Subsidiaries			Eliminations		Consolidated
Net cash provided by operating activities	$	16,853		$	12,972		$	2,064		$	—	$	31,889
Cash flows from investing activities:
Purchases of property and equipment		(3,444	)		(9,189	)		(1,058	)		—		(13,691	)
Theatre acquisition		—			—			(1,349	)		—		(1,349	)
Proceeds from sale of property and equipment		5			224			—			—		229
Other investing activities		280			—			—			—		280
Net cash used in investing activities		(3,159	)		(8,965	)		(2,407	)				(14,531	)
Cash flows from financing activities:
Repayments of capital leases and long-term financing obligations		(210	)		(893	)		(876	)		—		(1,979	)
Purchase of treasury stock		(174	)		—			—			—		(174	)
Intercompany receivable/payable		5,576			(4,872	)		(704	)		—		—
Net cash provided by (used in) financing activities		5,192			(5,765	)		(1,580	)		—		(2,153	)
Increase in cash and cash equivalents		18,886			(1,758	)		(1,923	)		—		15,205
Cash and cash equivalents at beginning of period		49,093			14,870			4,568			—		68,531
Cash and cash equivalents at end of period	$	67,979		$	13,112		$	2,645		$	—	$	83,736

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

	For the Six Months Ended June 30, 2012
	Carmike			Guarantor
	Cinemas, Inc.			Subsidiaries			Eliminations		Consolidated
Net cash (used in) provided by operating activities	$	(2,151	)	$	28,280		$	—	$	26,129
Cash flows from investing activities:
Purchases of property and equipment		(4,855	)		(5,771	)		—		(10,626	)
Purchase acquisition		—			(702	)		—		(702	)
Proceeds from sale of property and equipment		33			667			—		700
Other investing activities		314			—			—		314
Net cash used in investing activities		(4,508	)		(5,806	)				(10,314	)
Cash flows from financing activities:
Short-term borrowings		5,000			—			—		5,000
Repayments of short term borrowings		(5,000	)		—			—		(5,000	)
Issuance of long-term debt		209,500			—			—		209,500
Repayments of long-term debt		(200,229	)		—			—		(200,229	)
Debt issuance costs		(8,599	)		—			—		(8,599	)
Repayments of capital leases and long-term financing obligations		(162	)		(738	)		—		(900	)
Issuance of common stock		56,633			—			—		56,633
Purchase of treasury stock		(57	)		—			—		(57	)
Intercompany receivable/payable		18,916			(18,916	)		—		—
Net cash provided by (used in) financing activities		76,002			(19,654	)		—		56,348
Increase in cash and cash equivalents		69,343			2,820			—		72,163
Cash and cash equivalents at beginning of period		3,623			9,993			—		13,616
Cash and cash equivalents at end of period	$	72,966		$	12,813		$	—	$	85,779

Senior Secured Notes [Member]

Condensed Consolidating Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET

	As of June 30, 2013
	Carmike Cinemas, Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Assets:
Current assets:
Cash and cash equivalents	$	67,979		$	15,757		$	—		$	83,736
Restricted cash		13			—			—			13
Accounts receivable		8,111			3,480			(3,063	)		8,528
Inventories		684			2,896			—			3,580
Deferred income tax asset		3,258			1,213			—			4,471
Prepaid expenses and other current assets		7,641			7,409			(3,674	)		11,376
Total current assets		87,686			30,755			(6,737	)		111,704
Property and equipment:
Land		12,080			39,761			—			51,841
Buildings and building improvements		45,584			289,406			—			334,990
Leasehold improvements		19,249			126,133			—			145,382
Assets under capital leases		8,675			36,295			—			44,970
Equipment		65,378			174,324			—			239,702
Construction in progress		1,991			4,852			—			6,843
Total property and equipment		152,957			670,771			—			823,728
Accumulated depreciation and amortization		(80,998	)		(306,654	)		—			(387,652	)
Property and equipment, net of accumulated depreciation		71,959			364,117			—			436,076
Intercompany receivables		87,137			—			(87,137	)		—
Investments in subsidiaries		157,288			—			(157,288	)		—
Goodwill		—			44,577			—			44,577
Intangible assets, net of accumulated amortization		—			1,009			—			1,009
Investments in unconsolidated affiliates		5,111			925			—			6,036
Deferred income tax asset		57,784			43,128			—			100,912
Other assets		13,376			6,251			—			19,627
Total assets	$	480,341		$	490,762		$	(251,162	)	$	719,941
Liabilities and stockholders’ equity:
Current liabilities:
Accounts payable	$	32,701		$	7,495		$	(3,063	)	$	37,133
Accrued expenses		20,698			23,933			(3,674	)		40,957
Current maturities of capital leases and long-term financing obligations		491			4,259			—			4,750
Total current liabilities		53,890			35,687			(6,737	)		82,840
Long-term liabilities:
Long-term debt		209,583			—			—			209,583
Capital leases and long-term financing obligations, less current maturities		27,670			190,985			—			218,655
Intercompany liabilities		—			87,137			(87,137	)		—
Deferred revenue		32,405			—			—			32,405
Other		5,321			19,665			—			24,986
Total long-term liabilities		274,979			297,787			(87,137	)		485,629
Stockholders’ equity:
Preferred stock		—			—			—			—
Common stock		542			1			(1	)		542
Treasury stock		(11,914	)		—			—			(11,914	)
Paid-in capital		350,982			260,013			(260,013	)		350,982
Accumulated deficit		(188,138	)		(102,726	)		102,726			(188,138	)
Total stockholders’ equity		151,472			157,288			(157,288	)		151,472
Total liabilities and stockholders’ equity	$	480,341		$	490,762		$	(251,162	)	$	719,941

CONDENSED CONSOLIDATING BALANCE SHEET

	As of December 31, 2012
	Carmike Cinemas,  Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Assets:
Current assets:
Cash and cash equivalents	$	49,093		$	19,438		$	—		$	68,531
Restricted cash		293			—			—			293
Accounts receivable		5,058			6,124			(4,627	)		6,555
Inventories		926			3,260			—			4,186
Deferred income tax asset		3,203			—			(307	)		2,896
Prepaid expenses and other assets		3,426			7,510			—			10,936
Total current assets		61,999			36,332			(4,934	)		93,397
Property and equipment:
Land		12,080			39,796			—			51,876
Buildings and building improvements		45,571			290,167			—			335,738
Leasehold improvements		19,200			122,558			—			141,758
Assets under capital leases		8,675			36,295			—			44,970
Equipment		64,167			171,056			—			235,223
Construction in progress		1,352			3,833			—			5,185
Total property and equipment		151,045			663,705			—			814,750
Accumulated depreciation and amortization		(77,302	)		(292,521	)		—			(369,823	)
Property and equipment, net of accumulated depreciation		73,743			371,184			—			444,927
Intercompany receivables		92,801			—			(92,801	)		—
Investments in subsidiaries		157,522			126			(157,648	)		—
Goodwill		—			44,577			—			44,577
Intangible assets, net of accumulated amortization		—			1,061			—			1,061
Investments in unconsolidated affiliates		6,740			942			—			7,682
Deferred income tax asset		57,247			42,765			—			100,012
Other assets		14,299			6,773			—			21,072
Total assets	$	464,351		$	503,760		$	(255,383	)	$	712,728
Liabilities and stockholders’ equity:
Current liabilities:
Accounts payable	$	24,071		$	12,697		$	(4,627	)	$	32,141
Accrued expenses		14,601			25,755			(307	)		40,049
Current maturities of capital leases and long-term financing obligations		442			3,980			—			4,422
Total current liabilities		39,114			42,432			(4,934	)		76,612
Long-term liabilities:
Long-term debt		209,548			—			—			209,548
Capital leases and long-term financing obligations, less current maturities		27,876			192,849			—			220,725
Intercompany liabilities		—			92,801			(92,801	)		—
Deferred revenue		32,984			—			—			32,984
Other		5,395			18,030			—			23,425
Total long-term liabilities		275,803			303,680			(92,801	)		486,682
Stockholders’ equity:
Preferred stock		—			—			—			—
Common stock		540			1			(1	)		540
Treasury stock		(11,740	)		—			—			(11,740	)
Paid-in capital		349,666			259,837			(259,837	)		349,666
Accumulated deficit		(189,032	)		(102,190	)		102,190			(189,032	)
Total stockholders’ equity		149,434			157,648			(157,648	)		149,434
Total liabilities and stockholders’ equity	$	464,351		$	503,760		$	(255,383	)	$	712,728

Condensed Consolidating Statement of Operations

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

	Three Months Ended June 30, 2013
	Carmike Cinemas,  Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Admissions	$	14,733		$	93,092		$	—		$	107,825
Concessions and other		17,550			53,650			(8,552	)		62,648
Total operating revenues		32,283			146,742			(8,552	)		170,473
Operating costs and expenses:
Film exhibition costs		8,178			52,963			—			61,141
Concession costs		1,133			6,597			—			7,730
Other theatre operating costs		9,558			60,762			(8,552	)		61,768
General and administrative expenses		5,425			607			—			6,032
Depreciation and amortization		1,871			8,380			—			10,251
Gain on sale of property and equipment		—			(21	)		—			(21	)
Impairment of long-lived assets		23			184			—			207
Total operating costs and expenses		26,188			129,472			(8,552	)		147,108
Operating income		6,095			17,270			—			23,365
Interest expense		2,047			10,299			—			12,346
Equity in earnings of subsidiaries		(4,392	)		—			4,392			—
Income before income tax and income from unconsolidated affiliates		8,440			6,971			(4,392	)		11,019
Income tax expense		2,016			2,739			—			4,755
Income from unconsolidated affiliates		253			99			—			352
Income from continuing operations		6,677			4,331			(4,392	)		6,616
Income from discontinued operations		—			61			—			61
Net income	$	6,677		$	4,392		$	(4,392	)	$	6,677

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

	Six Months Ended June 30, 2013
	Carmike Cinemas,  Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Admissions	$	25,977		$	163,371		$	—		$	189,348
Concessions and other		31,527			94,715			(15,023	)		111,219
Total operating revenues		57,504			258,086			(15,023	)		300,567
Operating costs and expenses:
Film exhibition costs		14,215			90,190			—			104,405
Concession costs		2,034			11,665			—			13,699
Other theatre operating costs		19,406			115,345			(15,023	)		119,728
General and administrative expenses		10,854			1,193			—			12,047
Lease termination charges		—			3,063			—			3,063
Depreciation and amortization		3,750			16,733			—			20,483
Loss on sale of property and equipment		4			55			—			59
Impairment of long-lived assets		23			388			—			411
Total operating costs and expenses		50,286			238,632			(15,023	)		273,895
Operating income		7,218			19,454			—			26,672
Interest expense		4,072			20,573			—			24,645
Equity in loss of subsidiaries		409			—			(409	)		—
Income (loss) before income tax and (loss) income from unconsolidated affiliates		2,737			(1,119	)		409			2,027
Income tax expense (benefit)		1,009			(550	)		—			459
(Loss) income from unconsolidated affiliates		(835	)		172			—			(663	)
Income (loss) from continuing operations		893		$	(397	)	$	409		$	905
Income (loss) from discontinued operations		1			(12	)		—			(11	)
Net income (loss)	$	894		$	(409	)	$	409		$	894

Condensed Consolidating Statement of Cash Flows

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

	For the Six Months Ended June 30, 2013
	Carmike			Guarantor
	Cinemas, Inc.			Subsidiaries			Eliminations		Consolidated
Net cash provided by operating activities	$	16,853		$	15,036		$	—	$	31,889
Cash flows from investing activities:
Purchases of property and equipment		(3,444	)		(10,247	)		—		(13,691	)
Theatre acquistion		—			(1,349	)		—		(1,349	)
Proceeds from sale of property and equipment		5			224			—		229
Other investing activities		280			—			—		280
Net cash used in investing activities		(3,159	)		(11,372	)				(14,531	)
Cash flows from financing activities:
Repayments of capital leases and long-term financing obligations		(210	)		(1,769	)		—		(1,979	)
Purchase of treasury stock		(174	)		—			—		(174	)
Intercompany receivable/payable		5,576			(5,576	)		—		—
Net cash provided by (used in) financing activities		5,192			(7,345	)		—		(2,153	)
Increase in cash and cash equivalents		18,886			(3,681	)		—		15,205
Cash and cash equivalents at beginning of period		49,093			19,438			—		68,531
Cash and cash equivalents at end of period	$	67,979		$	15,757		$	—	$	83,736