Discontinued Operations

12 Months Ended

Dec. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

DISCONTINUED OPERATIONS

Theatres are generally considered for closure due to an expiring lease term, underperformance, or the opportunity to better deploy invested capital. In 2015, 2014 and 2013, the Company closed ten, seven and fourteen theatres, respectively. The ten and seven closures in 2015 and 2014, respectively, occurred subsequent to the adoption of ASU 2014-8 and therefore the Company did not classify any closed theatres as discontinued operations during the years ended December 31, 2015 and 2014. The Company classified six closed theatres in 2013 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, 2015, 2014, and 2013:

	For the year ended December 31,
	2015		2014			2013
Revenue from discontinued operations	$	—	$	1		$	3,151
Operating (loss) income before taxes	$	—	$	(86	)	$	(460	)
Income tax benefit from discontinued operations	—		34			184
Gain on disposal, before taxes	—		—			803
Income tax expense on disposal	—		—			(321		)
(Loss) income from discontinued operations	$	—	$	(52	)	$	206