Amc entertainment holdings, inc. (AMC)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12
Revenues
Revenue

1,447,700

1,316,800

1,506,100

1,200,400

1,413,300

1,221,400

1,442,500

1,383,600

1,416,800

1,178,700

1,202,300

1,281,400

926,100

779,800

764,000

766,000

783,857

688,840

821,079

653,124

712,155

633,904

726,573

622,758

712,977

695,984

762,665

577,802

811,492

Operating costs and expenses
Operating expenses, excluding depreciation and amortization below

427,400

419,000

437,400

402,800

417,800

400,500

424,500

411,900

419,200

383,200

389,200

356,400

259,600

211,600

200,000

202,300

207,523

195,505

205,414

187,258

186,413

177,949

189,283

179,693

192,582

182,630

187,219

164,210

230,434

Rent

241,200

238,700

245,900

242,000

204,700

203,700

199,700

189,700

203,500

200,700

199,800

190,400

136,200

121,900

122,800

124,600

118,996

115,861

115,022

117,921

114,176

112,258

113,861

114,944

112,615

111,865

113,542

113,806

143,374

General and administrative:
Merger, acquisition and other costs

4,300

4,700

3,200

3,300

4,200

18,100

4,300

4,700

5,700

5,600

11,500

40,200

32,800

4,900

5,600

4,600

810

751

261

1,578

149

78

572

362

-

-

-

-

3,366

Other, excluding depreciation and amortization below

26,100

37,500

43,200

46,200

43,700

48,400

43,000

44,200

20,100

32,600

46,100

34,400

31,100

19,800

20,600

18,500

16,816

18,706

17,737

4,941

18,543

12,961

15,149

18,220

37,491

26,450

17,034

16,313

29,110

Depreciation and amortization

112,900

112,100

112,000

113,000

139,400

130,200

137,700

130,500

144,800

135,200

133,300

125,300

82,400

63,100

62,300

60,400

59,966

58,008

57,249

57,777

55,467

54,327

51,750

54,777

50,102

48,603

50,370

48,462

71,633

Impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,149

-

-

-

-

-

-

-

0

Operating costs and expenses

1,404,300

1,296,000

1,400,600

1,234,100

1,326,000

1,243,300

1,352,800

1,273,700

1,346,500

1,182,800

1,221,800

1,226,100

892,900

714,300

708,400

706,700

708,522

653,301

726,906

621,071

651,533

605,390

658,176

605,219

679,201

638,137

684,816

558,260

800,023

Operating income

43,400

20,800

105,500

-33,700

87,300

-21,900

89,700

109,900

70,300

-4,100

-19,500

55,300

33,200

65,500

55,600

59,300

75,335

35,539

94,173

32,053

60,622

28,514

68,397

17,539

33,776

57,847

77,849

19,542

11,469

Other expense (income)

-8,300

1,300

23,400

-29,800

165,600

-54,100

-2,200

-1,200

-400

400

-1,100

2,600

-

-100

100

-

-

-

-9,273

-

53

11

4,157

4,229

-1,231

110

-294

-

49

Corporate borrowings

74,100

73,200

74,200

71,300

74,100

64,300

62,200

61,700

60,000

60,800

59,600

51,200

36,300

24,600

24,900

24,900

23,322

22,682

24,717

26,079

26,528

26,897

27,989

29,658

32,259

32,221

32,310

33,173

45,259

Capital and financing lease obligations

1,600

1,800

2,100

2,100

9,000

9,400

9,800

10,300

10,700

10,600

10,300

10,800

4,400

2,100

2,100

2,200

2,210

2,286

2,331

2,373

2,408

2,448

2,486

2,525

2,350

2,606

2,637

2,671

1,873

Non-cash NCM exhibitor services agreement

10,000

10,100

10,100

10,200

10,300

10,300

10,400

10,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in (earnings) loss of non-consolidated entities

6,400

7,500

10,200

6,500

12,700

70,000

13,000

-9,000

13,900

-1,800

-195,000

-2,300

19,600

12,000

11,900

4,200

15,564

10,850

9,362

1,324

9,315

13,087

9,597

-5,384

9,292

14,323

23,274

546

-2,480

Investment income

-2,700

500

2,100

16,100

-1,200

700

1,500

5,200

1,000

16,600

-600

5,600

600

-200

-200

10,000

1,061

-163

59

5,143

641

-181

-172

7,857

-1,322

69

-282

3,619

-290

Total other expense, net

-90,300

-75,800

-50,700

-90,800

83,700

-67,400

-70,100

-87,500

-56,200

-56,200

-266,600

-56,100

-20,800

-15,000

-15,200

-12,900

-10,334

-14,281

-26,900

-21,985

-19,033

-16,428

-16,893

-25,481

-25,408

-20,545

-11,661

-31,679

-49,951

Earnings (loss) before income taxes

-46,900

-55,000

54,800

-124,500

171,000

-89,300

19,600

22,400

14,100

-60,300

-286,100

-800

12,400

50,500

40,400

46,400

65,001

21,258

67,273

10,068

41,589

12,086

51,504

-7,942

8,368

37,302

66,188

-12,137

-38,482

Income tax provision (benefit)

-33,400

-200

5,400

5,700

400

11,100

-2,600

4,700

290,500

-17,600

-109,600

-9,200

-16,600

20,100

16,400

18,100

23,340

9,080

23,350

3,930

11,770

4,710

20,090

-3,100

-274,243

3,430

4,330

3,100

3,500

Net earnings (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

30,400

24,000

28,300

-

12,178

43,923

-

29,819

7,376

31,414

-4,842

282,611

33,872

61,858

-15,237

-41,982

Earnings (loss) from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-21

334

-2,994

-407

-282

4,979

-688

Net earnings (loss)

-13,500

-54,800

49,400

-130,200

170,600

-100,400

22,200

17,700

-276,400

-42,700

-176,500

8,400

-

-

-

-

-

-

43,923

6,138

29,819

7,376

31,393

-4,508

279,617

33,465

61,576

-10,258

-42,670

Basic earnings per share:
Basic earnings from continuing operations per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

-

0.31

0.08

0.32

-0.05

3.62

0.45

0.81

-0.20

-0.56

Basic earnings from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

-0.01

0.00

0.07

-0.01

Basic

-0.14

-0.53

0.48

-1.25

1.42

-0.82

0.17

0.14

-2.19

-0.33

-1.35

0.07

0.29

0.31

0.24

0.29

0.43

0.12

0.45

0.06

0.31

0.08

0.32

-0.05

3.58

0.44

0.81

-0.13

-0.57

Diluted earnings per shares:
Diluted earnings from continuing operations per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.45

-

0.30

0.08

0.32

-0.05

3.62

0.45

0.81

-0.20

-0.56

Diluted earnings from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

-0.01

0.00

0.07

-0.01

Diluted

0.17

-0.53

0.17

-1.25

0.92

-0.82

0.17

0.14

-2.19

-0.33

-1.35

0.07

0.29

0.31

0.24

0.29

0.43

0.12

0.45

0.06

0.30

0.08

0.32

-0.05

3.58

0.44

0.81

-0.13

-0.57

Average shares outstanding:
Basic (in thousands)

103,850

103,850

103,845

103,783

103,273

123,126

128,039

128,046

129,383

131,077

131,166

121,358

100,764

98,194

98,194

98,200

97,977

97,978

97,978

97,919

97,506

97,506

97,507

97,390

78,092

76,000

76,000

76,000

74,988

Diluted (in thousands)

72,167

103,850

135,528

103,783

141,143

123,126

128,105

128,046

129,340

131,077

131,166

121,401

100,693

98,284

98,304

98,207

98,087

98,073

98,037

97,919

97,865

97,628

97,628

97,390

78,092

76,000

76,000

76,000

74,988

Dividends declared per basic and diluted common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.20

0.20

-

0.20

0.20

0.20

0.20

0.20

0.20

0.20

-

0.20

0.20

-

-

-

-

-

-

Admissions
Revenue

877,000

797,300

895,500

731,500

862,300

751,400

896,300

875,000

897,100

753,500

761,400

817,500

588,800

496,800

481,200

482,600

498,662

441,262

533,382

418,694

460,253

417,448

478,667

409,020

482,149

466,988

515,306

382,884

548,632

Operating costs and expenses

434,500

416,800

482,500

365,300

433,500

378,800

471,400

426,500

440,100

364,800

379,800

419,600

305,100

259,100

263,000

262,300

269,506

233,390

295,416

223,088

244,318

220,608

257,220

212,100

258,187

242,006

285,395

191,324

291,561

Food and beverage
Revenue

438,300

420,000

492,500

368,800

435,100

384,800

445,800

405,800

415,300

361,400

374,100

397,600

282,500

248,900

243,600

244,100

242,296

216,764

250,516

200,524

215,309

189,065

211,597

181,764

197,886

201,612

219,477

167,937

229,739

Operating costs and expenses

73,600

67,200

76,400

61,500

68,900

63,600

72,200

66,200

69,500

60,700

62,100

59,800

40,200

33,900

34,100

34,000

33,205

31,080

35,807

28,508

29,318

27,209

30,341

25,123

27,293

26,284

30,550

23,198

30,545

Total other theatre
Revenue

132,400

99,500

118,100

100,100

115,900

85,200

100,400

102,800

104,400

63,800

66,800

66,300

54,800

34,100

39,200

39,300

42,899

30,814

37,181

33,906

36,593

27,391

36,309

31,974

32,942

27,384

27,882

26,981

33,121