Discontinued Operations

12 Months Ended

Dec. 31, 2013

Discontinued Operations And Disposal Groups [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 2013, 2012 and 2011, the Company closed fourteen, eleven and seven theatres, respectively. Of those closures, in 2013, 2012 and 2011, the Company classified six, six, and five 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, 2013, 2012, and 2011:

	For the year ended December 31,
	2013			2012			2011
Revenue from discontinued operations	$	3,151		$	7,895		$	10,677
Operating (loss) income before income taxes	$	(460	)	$	22		$	(366	)
Income tax benefit (expense) for discontinued operations		184			(7	)		122
Gain on disposal, before taxes		803			1,168			231
Income tax expense on disposal		(321	)		(358	)		(77	)
Income (loss) from discontinued operations	$	206		$	825		$	(90	)