Theatre Acquisitions (Tables)

9 Months Ended

Sep. 30, 2014

Summary of Selected Unaudited Pro Forma Results of Operations Information

The following selected comparative unaudited pro forma results of operations information for the three and nine months ended September 30, 2014 and 2013 assumes the Digiplex acquisition occurred at the beginning of fiscal year 2013, and reflects the full results of operations for the periods presented.  

	Pro Forma					Pro Forma
	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2014			2013		2014			2013
Revenues	$	168,605		$	175,648	$	531,996		$	494,422
Operating income	$	1,845		$	13,517	$	26,995		$	40,357
Net (loss) income	$	(8,854	)	$	578	$	(9,576	)	$	1,647
(Loss) income per share:
Basic	$	(0.35	)	$	0.03	$	(0.39	)	$	0.08
Diluted	$	(0.35	)	$	0.03	$	(0.39	)	$	0.08

Muvico Entertainment, L.L.C [Member]

Summary of the Preliminary Purchase Price and Purchase Price Allocation Based on Fair Value of Net Assets Acquired

The following table summarizes the preliminary purchase price and purchase price allocation for Muvico based on the fair value of net assets acquired at the acquisition date.

Cash consideration paid less cash amounts received	$	30,608
Leases and financing obligations assumed		19,101
Fair value of contingent consideration		750
Fair value of total consideration transferred	$	50,459
Inventory	$	541
Other current assets		385
Property and equipment		24,867
Deferred tax assets		3,441
Current liabilities		(2,068	)
Other liabilities		(1,150	)
Net assets acquired		26,016
Goodwill		24,443
Purchase price	$	50,459

Digital Cinema Destinations Corp [Member]

Summary of the Preliminary Purchase Price

The following table summarizes the preliminary purchase price for Digiplex.

Number of shares of Digiplex common stock outstanding at August 15, 2014		7,832
Exchange ratio		0.1765
Number of shares of Carmike common stock—as exchanged		1,382
Carmike common stock price on August 15, 2014	$	34.20
Estimated fair value of 1.4 million common shares issued per merger agreement	$	47,276
Cash settlement of Start Media joint venture		10,978
Cash settlement of shares held in escrow		181
Total preliminary estimated acquisition consideration	$	58,435

Summary of the Preliminary Purchase Price and Purchase Price Allocation Based on Fair Value of Net Assets Acquired

The following table summarizes the purchase price allocation for Digiplex based on the fair value of net assets acquired at the acquisition date.

	Digiplex
Total purchase price, net of cash received	$	58,006
Accounts receivable		515
Other current assets		266
Property and equipment		26,228
Intangible assets		2,190
Other assets		523
Deferred tax assets		6,564
Accounts payable		(3,359	)
Accrued expenses		(3,730	)
Unfavorable lease obligations		(5,980	)
Capital leases assumed		(850	)
Assumption of Northlight term loan		(9,099	)
Net assets acquired	$	13,268
Goodwill	$	44,738