CINEMARK HOLDINGS, INC. CNK Income Statement

Cinemark holdings, inc. (CNK)

Income statement / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Revenues
Total revenues
788,803	821,817	957,756	714,723	798,476	754,235	889,053	779,971	749,994	710,748	751,195	779,610	700,918	768,574	744,404	704,869	707,223	700,056	799,932	645,398	659,944	646,903	717,863	602,280	651,933	757,566	725,622	547,773	611,534	633,573	649,606	578,818	535,871	640,013	620,593	483,136	524,909	560,235	539,369	516,631
Cost of operations
Film rentals and advertising
244,139	254,911	294,705	210,077	241,513	230,121	287,206	240,915	240,907	226,229	246,556	252,818	229,554	249,766	250,421	232,914	232,334	227,571	278,125	207,610	190,968	215,565	249,198	200,657	227,292	254,792	257,435	179,992	208,389	214,002	227,301	195,415	185,402	225,431	222,620	165,153	186,834	200,495	193,550	188,819
Concession supplies
49,080	51,573	62,717	43,071	46,397	42,720	51,033	40,824	42,203	40,178	41,839	42,100	37,470	41,888	39,208	35,903	34,825	36,039	40,903	32,503	33,123	33,473	35,336	30,053	31,723	38,971	37,021	28,000	30,309	32,924	31,787	28,451	27,046	32,166	29,628	23,282	24,019	26,565	24,494	22,406
Salaries and wages
101,770	103,270	108,910	96,136	97,863	92,495	100,344	93,158	93,192	87,305	89,812	84,201	81,932	84,460	84,237	75,136	78,838	76,510	76,528	69,223	71,684	67,903	69,942	64,351	70,532	73,267	67,085	58,469	62,920	63,707	62,349	58,492	58,253	60,114	58,029	50,079	55,631	56,823	56,250	52,542
Facility lease expense
83,565	87,436	89,480	85,613	79,443	80,592	81,190	82,091	79,628	81,919	82,388	84,262	79,390	82,848	80,252	78,804	77,149	80,604	82,391	79,617	77,525	80,567	80,647	78,357	77,024	85,085	76,124	69,618	68,556	72,883	71,614	68,562	68,167	72,318	69,367	66,426	64,425	66,587	61,990	62,715
Utilities and other
117,501	123,877	122,696	110,637	110,204	112,832	115,602	109,432	83,290	92,341	91,053	88,357	90,420	94,999	89,130	81,377	86,649	93,430	92,316	83,406	101,130	79,477	78,570	75,932	75,868	84,723	76,360	68,752	70,251	74,336	69,574	66,509	61,621	72,679	65,576	59,827	62,291	64,310	57,648	55,221
General and administrative expenses
46,382	44,702	44,324	37,976	41,459	38,299	43,031	42,384	40,281	36,947	37,834	38,216	34,212	35,290	35,987	37,866	40,435	39,099	39,277	37,925	36,552	35,803	39,717	39,372	44,631	42,395	40,546	37,779	41,613	36,996	35,951	34,064	34,796	32,652	31,187	28,986	30,456	28,113	24,946	25,530
Depreciation and amortization
64,360	67,760	64,573	64,462	67,506	64,971	64,290	64,395	62,968	58,052	59,137	57,356	53,197	54,187	52,358	49,329	49,762	47,543	46,569	45,332	44,548	44,731	43,881	42,496	43,805	42,399	38,734	39,032	37,621	36,897	36,341	36,816	35,088	40,542	39,897	38,922	40,113	34,805	34,657	33,933
Impairment of long-lived assets
11,619	27,304	12,494	5,584	27,352	1,641	2,788	591	5,484	5,026	4,301	273	513	406	1,425	492	3,846	633	3,528	794	1,353	4,510	430	354	1,718	131	1,101	844	1,559	976	311	185	3,432	992	1,594	1,015	6,481	1,022	4,688	347
Amortization of favorable/unfavorable leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	218	-	179	258	158
Loss on disposal of assets and other
-3,951	-2,453	-1,805	-3,799	-10,036	-7,826	-16,901	-3,939	-13,348	-8,576	-54	-834	-9,474	-6,940	-5,824	1,779	-4,291	500	-5,802	1,450	-6,996	-2,590	-3,276	-2,853	1,313	-611	2,801	342	-6,774	-6,699	469	836	-16,767	1,809	5,694	472	-12,337	7,548	1,191	3,167
Total cost of operations
722,367	763,286	801,704	657,355	721,773	671,497	762,385	677,729	661,301	636,573	652,974	648,417	616,162	650,784	638,842	590,042	608,129	600,929	665,439	554,960	563,879	564,619	600,997	534,425	571,280	622,374	591,605	482,144	525,382	539,420	535,697	489,330	474,404	538,703	523,592	434,380	457,318	486,447	459,672	444,838
Operating income
66,436	58,531	156,052	57,368	76,703	82,738	126,668	102,242	88,693	74,175	98,221	131,193	84,756	117,790	105,562	114,827	99,094	99,127	134,493	90,438	96,065	82,284	116,866	67,855	80,653	135,192	134,017	65,629	86,152	94,153	113,909	89,488	61,467	101,310	97,001	48,756	67,591	73,788	79,697	71,793
Other income (expense)
Interest expense
24,904	24,967	24,929	25,141	27,269	27,144	28,466	27,115	26,710	26,317	26,522	26,369	26,333	26,659	27,262	28,059	27,811	28,419	28,304	28,207	28,597	28,335	28,286	28,480	28,172	29,478	34,458	32,606	29,296	30,861	31,375	32,133	31,786	32,249	29,777	29,290	28,891	28,938	28,605	26,010
Loss on debt amendments
-	-	-	-	0	0	0	1,484	-	-	246	-	-	0	98	-	-	-	925	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early retirement of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,186	-	-	-	-	-	-	-	-	-	-	72,302	-	-	-	-	-	-	0	-4,945	-	-	-	-	-
Interest income
2,527	3,903	3,468	2,691	2,753	2,761	2,862	2,238	1,854	1,682	1,380	1,333	1,366	1,665	2,013	1,352	1,925	2,389	2,875	1,519	2,012	1,543	1,030	1,014	656	1,569	594	803	2,717	1,396	493	1,767	1,660	2,955	1,724	1,769	1,865	1,807	1,380	1,053
Foreign currency exchange gain (loss)
1,391	-4,406	-401	22	-4,713	-3,126	-5,199	1,378	-1,125	584	-155	1,589	3,572	485	512	1,886	1,909	-11,935	1,439	-8,206	-5,834	-5,235	1,825	3,052	-769	-507	-1,670	1,330	424	1,215	-1,418	1,865	293	-1,858	523	823	292	682	348	-268
Distributions from NCM
-	-	-	-	-	-	-	-	-	-	-	-	-	1,381	193	8,543	5,040	4,601	0	8,499	4,383	3,481	1,180	9,497	7,283	5,622	1,693	6,103	7,722	4,673	386	8,031	7,631	5,108	1,559	9,863	7,817	4,263	1,332	9,946
Equity in income of affiliates
7,888	15,139	8,439	10,404	10,034	14,158	6,414	8,636	9,218	10,902	5,805	10,060	7,365	12,390	5,065	7,142	7,754	11,047	4,086	5,239	5,195	10,328	3,600	3,620	6,843	11,733	1,685	2,421	3,487	6,844	988	1,790	3,298	1,719	-1,804	2,438	1,559	-1,842	-3,182	27
Total other expense
-23,837	-12,523	-16,009	-12,258	-20,823	-15,948	-25,878	-14,968	-12,335	-11,005	-16,966	-6,599	-9,652	-10,738	-19,577	-22,322	-11,183	-22,317	-20,829	-21,156	-22,841	-18,218	-20,651	-11,297	-14,159	-11,061	-104,458	-21,949	-20,545	-16,733	-30,926	-18,680	-31,460	-24,325	-32,720	-14,397	-17,361	-24,028	-28,727	-15,252
Income before income taxes
42,599	46,008	140,043	45,110	55,880	66,790	100,790	87,274	76,358	63,170	81,255	124,594	75,104	107,052	85,985	92,505	87,911	76,810	113,664	69,282	73,224	64,066	96,215	56,558	66,494	124,131	29,559	43,680	65,607	77,420	82,983	70,808	30,007	76,985	64,281	34,359	50,230	49,760	50,970	56,541
Income taxes
15,760	14,053	38,182	11,917	35,837	16,169	18,326	25,097	-19,117	24,630	29,445	44,400	-2,183	40,926	31,617	33,459	29,676	30,109	42,774	26,380	25,587	25,534	24,081	20,862	50,590	43,386	8,722	10,618	37,169	29,453	30,844	27,932	11,404	29,337	23,272	9,037	11,920	15,877	10,211	19,830
Net income
26,839	31,955	101,861	33,193	20,043	50,621	82,464	62,177	95,475	38,540	51,810	80,194	77,287	66,126	54,368	59,046	58,235	46,701	70,890	42,902	47,637	38,532	72,134	35,696	15,904	80,745	20,837	33,062	28,438	47,967	52,139	42,876	18,603	47,648	41,009	25,322	38,310	33,883	40,759	36,711
Less: Net income attributable to noncontrolling interests
505	602	890	465	600	393	329	156	401	401	571	466	282	471	462	521	484	362	632	381	330	403	403	253	312	726	572	468	616	582	501	772	340	728	598	359	297	551	1,077	1,618
Net income attributable to Cinemark Holdings, Inc.
26,334	31,353	100,971	32,728	19,443	50,228	82,135	62,021	95,074	38,139	51,239	79,728	77,005	65,655	53,906	58,525	57,751	46,339	70,258	42,521	47,307	38,129	71,731	35,443	15,592	80,019	20,265	32,594	27,822	47,385	51,638	42,104	18,263	46,920	40,411	24,963	38,013	33,332	39,682	35,093
Weighted average shares outstanding
Basic
116,364	116,356	116,325	116,179	116,123	116,119	116,091	115,883	115,827	115,823	115,785	115,629	115,610	115,601	115,576	115,245	115,171	115,164	115,148	114,837	114,830	114,814	114,786	114,182	114,080	114,050	114,007	113,447	113,383	113,355	113,301	112,825	112,821	112,817	112,764	112,542	222,763	112,179	111,207	110
Diluted
116,858	116,600	116,548	116,418	116,635	116,322	116,268	116,143	116,145	116,104	116,072	115,915	116,054	115,793	115,758	115,527	115,854	115,356	115,328	115,058	115,272	115,021	114,961	114,610	114,769	114,449	114,387	113,979	114,377	113,814	113,737	113,368	113,490	113,298	113,209	112,899	335,865	112,516	111	110
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders
Basic
0.22	0.27	0.86	0.28	0.17	0.43	0.70	0.53	0.81	0.33	0.44	0.68	0.67	0.56	0.46	0.50	0.49	0.40	0.61	0.37	0.40	0.33	0.62	0.31	0.13	0.69	0.18	0.28	0.24	0.41	0.45	0.37	0.17	0.41	0.35	0.22	0.34	0.29	0.35	0.32
Diluted
0.22	0.27	0.86	0.28	0.17	0.43	0.70	0.53	0.81	0.33	0.44	0.68	0.67	0.56	0.46	0.50	0.49	0.40	0.61	0.37	0.40	0.33	0.62	0.31	0.13	0.69	0.18	0.28	0.24	0.41	0.45	0.37	0.16	0.41	0.35	0.22	0.34	0.29	0.35	0.31
Dividends declared per common share
-	-	-	-	-	-	-	-	-	0.29	0.29	0.29	-	0.27	0.27	0.27	-	0.25	0.25	0.25	-	0.25	0.25	0.25	-	0.25	0.21	0.21	-	0.21	0.21	0.21	-	0.21	0.21	0.21	-	0.18	0.18	0.18
Admissions
Total revenues
434,280	454,429	521,072	395,540	445,063	427,616	508,870	452,624	443,505	425,128	449,880	476,469	424,400	472,842	456,075	435,820	429,758	432,136	502,963	400,662	404,697	402,832	455,726	380,914	412,617	479,631	464,483	349,414	386,095	402,440	418,073	373,793	336,930	417,088	405,917	311,692	341,652	367,662	353,085	342,990
Concession
Total revenues
275,000	289,477	345,282	251,324	277,550	264,165	305,306	261,772	261,215	247,027	262,322	268,224	237,305	261,391	253,592	237,815	232,780	230,233	259,530	214,427	214,805	211,131	226,417	193,023	201,769	242,257	228,746	172,396	190,059	200,112	201,414	179,820	165,926	194,794	189,353	146,681	153,862	170,130	165,230	153,104
Other
Total revenues
79,523	77,911	91,402	67,859	75,863	62,454	74,877	65,575	45,274	38,593	38,993	34,917	39,213	34,341	34,737	31,234	44,685	37,687	37,439	30,309	40,442	32,940	35,720	28,343	37,547	35,678	32,393	25,963	35,380	31,021	30,119	25,205	33,015	28,131	25,323	24,763	29,395	22,443	21,054	20,537
NCM
Distributions from NCM
3,705	2,474	2,146	4,548	3,221	2,386	3,424	6,358	4,703	2,144	2,772	6,788	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense - NCM
14,444	4,666	4,732	4,782	4,849	4,983	4,913	4,979	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in income of affiliates
-	9,050	617	4,394	-	6,830	495	4,015	-	5,032	176	3,241	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-