XML 56 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Admissions $ 100,173 $ 102,321 $ 312,860 $ 290,643
Concessions and other 62,459 61,858 191,682 172,344
Total operating revenues 162,632 164,179 504,542 462,987
Operating costs and expenses:        
Film exhibition costs 54,698 56,242 172,021 160,090
Concession costs 7,318 8,283 22,414 21,895
Salaries and benefits 22,947 21,879 67,968 61,542
Theatre occupancy costs 21,782 16,951 63,097 48,187
Other theatre operating costs 31,357 27,094 89,285 74,800
Severance agreement charges   102   102
General and administrative expenses 8,413 6,621 22,439 18,668
Lease termination charges (Note 12)       3,063
Depreciation and amortization 12,206 10,577 35,903 31,002
Loss on sale of property and equipment 292 11 620 70
Impairment of long-lived assets 1,198 2,916 1,556 3,241
Total operating costs and expenses 160,211 150,676 475,303 422,660
Operating income 2,421 13,503 29,239 40,327
Interest expense 12,846 12,353 38,962 36,998
(Loss) income before income tax and income from unconsolidated affiliates (10,425) 1,150 (9,723) 3,329
Income tax (benefit) expense (2,912) 1,243 (2,530) 1,760
Income from unconsolidated affiliates (Note 10) 756 1,145 546 482
(Loss) income from continuing operations (6,757) 1,052 (6,647) 2,051
Loss from discontinued operations (Note 6) 0 (43) (52) (149)
Net (loss) income $ (6,757) $ 1,009 $ (6,699) $ 1,902
Weighted average shares outstanding:        
Basic 23,596 20,985 23,099 18,723
Diluted 23,596 21,501 23,099 19,202
Net (loss) income per common share (Basic and Diluted):        
(Loss) income from continuing operations $ (0.29) $ 0.05 $ (0.29) $ 0.11
Loss from discontinued operations, net of tax       $ (0.01)
Net (loss) income $ (0.29) $ 0.05 $ (0.29) $ 0.10