| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Revenues | ||||||
Revenue | ||||||
5,471 | 5,460 | 5,079 | 3,235 | 2,946 | 2,695 | 2,749 |
Operating costs and expenses | ||||||
Operating costs and expenses | ||||||
- | - | - | 1,089 | - | - | - |
Operating expenses, excluding depreciation and amortization below | ||||||
1,686 | 1,654 | 1,548 | 873 | 795 | 733 | 726 |
Rent | ||||||
967 | 797 | 794 | 505 | 467 | 455 | 451 |
General and administrative: | ||||||
Merger, acquisition and other costs | ||||||
15 | 31 | 63 | 47 | 3 | 1 | 2 |
Other, excluding depreciation and amortization below | ||||||
153 | 179 | 133 | 90 | 58 | 64 | 97 |
Depreciation and amortization | ||||||
450 | 537 | 538 | 268 | 233 | 216 | 197 |
Impairment of long-lived assets | ||||||
84 | 13 | 43 | 5 | 1 | 3 | - |
Operating costs and expenses | ||||||
5,335 | 5,195 | 4,977 | 3,022 | 2,709 | 2,520 | 2,560 |
Operating income | ||||||
136 | 265 | 102 | 213 | 237 | 175 | 189 |
Other expense (income) | ||||||
-13 | 108 | 1 | -0 | -10 | 8 | 1 |
Corporate borrowings | ||||||
292 | 262 | 231 | 110 | 96 | 111 | 129 |
Capital and financing lease obligations | ||||||
7 | 38 | 42 | 10 | 9 | 9 | 10 |
Non-cash NCM exhibitor services agreement | ||||||
40 | 41 | - | - | - | - | - |
Equity in (earnings) loss of non-consolidated entities | ||||||
30 | 86 | -185 | 47 | 37 | 26 | 47 |
Investment income | ||||||
16 | 6 | 22 | 10 | 6 | 8 | 2 |
Total other expense, net | ||||||
-307 | -141 | -435 | -63 | -73 | -77 | -89 |
Earnings (loss) before income taxes | ||||||
-171 | 123 | -333 | 149 | 163 | 97 | 99 |
Income tax provision (benefit) | ||||||
-22 | 13 | 154 | 38 | 59 | 33 | -263 |
Net earnings (loss) | ||||||
- | - | - | - | 103 | 63 | 363 |
Earnings (loss) from discontinued operations, net of income taxes | ||||||
- | - | - | - | - | 0 | 1 |
Net earnings (loss) | ||||||
-149 | 110 | -487 | 111 | 103 | 64 | 364 |
Basic earnings per share: | ||||||
Basic earnings from continuing operations per common share (in dollars per share) | ||||||
- | - | - | - | - | 0.65 | 4.74 |
Basic earnings from discontinued operations (in dollars per share) | ||||||
- | - | - | - | - | 0.01 | 0.02 |
Basic | ||||||
-1.44 | 0.91 | -3.80 | 1.13 | 1.06 | 0.66 | 4.76 |
Diluted earnings per shares: | ||||||
Diluted earnings from continuing operations per common share (in dollars per share) | ||||||
- | - | - | - | - | 0.65 | 4.74 |
Diluted earnings from discontinued operations (in dollars per share) | ||||||
- | - | - | - | - | 0.01 | 0.02 |
Diluted | ||||||
-1.44 | 0.41 | -3.80 | 1.13 | 1.06 | 0.66 | 4.76 |
Average shares outstanding: | ||||||
Basic (in thousands) | ||||||
103 | 120 | 128 | 98 | 97 | 97 | 76 |
Diluted (in thousands) | ||||||
103 | 130 | 128 | 98 | 98 | 97 | 76 |
Dividends declared per basic and diluted common share (in dollars per share) | ||||||
- | - | - | - | 0.80 | 0.60 | - |
Admissions | ||||||
Revenue | ||||||
3,301 | 3,385 | 3,229 | 2,049 | 1,892 | 1,765 | 1,847 |
Operating costs and expenses | ||||||
1,699 | 1,710 | 1,604 | 1,089 | 1,021 | 934 | 976 |
Food and beverage | ||||||
Revenue | ||||||
1,719 | 1,671 | 1,548 | 1,019 | 910 | 797 | 786 |
Operating costs and expenses | ||||||
278 | 270 | 252 | 142 | 128 | 111 | 107 |
Total other theatre | ||||||
Revenue | ||||||
450 | 404 | 301 | 167 | 144 | 132 | 115 |