National CineMedia, Inc. NCMI Income Statement

National cinemedia, inc. (NCMI)

Income statement / Quarterly

Mar'20	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	Sep'10	Jun'10
Revenue from Contract with Customer, Excluding Assessed Tax
64,700	147,200	110,500	110,200	76,900	137,400	110,100	113,700	80,200	140,700	116,400	97,100	71,900	142,500	113,500	115,400	76,200	136,400	111,700	121,500	76,900	123,100	100,800	99,900	70,200	108,100	127,600	116,900	73,700	103,900	138,000	101,300	66,300	101,300	127,200	98,600	59,100	117,700	90,100
Fathom Events
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,600	7,500	5,900	8,500	12,000	5,700	8,800	12,800	13,300	8,800	15,400	11,700	8,000	8,900
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100
Total
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	122,700	135,100	122,800	82,200	115,900	143,700	110,100	79,100	114,600	136,000	114,000	70,800	125,700	99,100
OPERATING EXPENSES:
Advertising operating costs
6,200	11,500	9,600	9,900	7,300	10,900	10,300	9,200	7,000	-	-	7,500	5,000	9,200	7,500	8,300	5,000	8,900	7,800	8,300	5,800	8,300	6,500	6,600	5,000	7,300	7,900	8,100	5,700	7,600	11,000	8,000	4,700	6,800	8,400	5,900	3,500	5,800	5,700
Fathom Events operating costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,100	5,400	4,200	5,800	9,000	4,500	6,500	9,000	9,400	6,400	10,700	7,600	5,600	6,000
Network costs
2,900	3,400	3,200	3,400	3,500	3,300	3,200	3,300	3,500	3,900	3,700	4,000	4,200	4,200	4,100	4,300	4,500	4,800	4,300	4,200	4,500	4,900	4,400	4,400	4,600	4,200	5,100	5,100	5,000	4,500	5,100	5,100	5,100	4,300	4,600	4,800	4,900	4,900	4,800
Theater access fees and revenue share to founding members (including fees to related parties of $12.5 and $12.9, respectively)
17,700	21,900	20,100	21,600	19,100	19,900	19,700	21,500	20,600	19,100	18,100	18,700	20,600	18,300	19,200	18,900	18,700	18,500	17,600	19,200	17,200	18,300	17,000	17,900	17,400	17,000	18,700	18,100	15,600	16,200	16,300	16,300	15,700	13,300	15,200	14,800	12,100	13,600	13,400
Selling and marketing costs
13,900	16,500	17,000	16,200	15,200	18,500	15,300	16,700	16,000	17,800	17,200	18,900	18,100	18,300	16,800	19,100	18,600	22,400	16,900	17,000	16,000	13,800	14,700	14,100	15,000	14,800	15,600	15,700	15,400	14,800	15,700	15,500	14,500	14,700	15,600	14,900	14,600	15,500	14,100
Merger termination fee and related merger costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	900	33,400	-	2,000	1,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Administrative and other costs
9,800	11,600	10,400	11,100	10,700	13,600	9,300	12,800	12,600	9,300	8,800	10,500	9,300	10,900	8,600	9,400	14,900	12,300	9,300	8,300	8,700	7,900	6,900	7,100	7,600	6,500	7,800	7,400	7,700	6,900	8,000	8,400	8,200	6,800	6,700	8,400	8,500	8,200	7,500
Depreciation expense
3,200	-	-	-	3,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation expense
-	-	3,400	3,300	-	3,700	3,100	3,000	2,800	-17,200	9,400	9,200	9,600	9,300	8,900	8,900	8,700	8,000	8,000	8,200	8,000	8,200	8,600	7,800	7,800	7,800	7,200	6,200	5,400	5,500	5,000	5,000	4,900	4,800	5,100	4,300	4,600	5,000	4,300
Amortization of Intangible Assets
-	-	0	0	-	6,700	6,900	7,000	6,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangibles recorded for network theater screen leases
6,100	6,000	6,800	7,000	6,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total
59,800	74,500	70,500	72,500	66,000	76,600	67,800	73,500	69,200	70,500	66,100	68,800	66,800	70,200	65,100	68,900	70,400	74,900	63,900	66,100	93,600	65,200	60,100	59,600	57,400	67,700	67,700	64,800	60,600	64,500	65,600	64,800	62,100	60,100	62,000	63,800	55,800	58,600	55,800
OPERATING INCOME
4,900	72,700	40,000	37,700	10,900	60,800	42,300	40,200	11,000	70,200	50,300	28,300	5,100	72,300	48,400	46,500	5,800	61,500	47,800	55,400	-16,700	57,900	40,700	40,300	12,800	55,000	67,400	58,000	21,600	51,400	78,100	45,300	17,000	54,500	74,000	50,200	15,000	67,100	43,300
NON-OPERATING EXPENSES:
Interest on borrowings
13,600	15,600	13,800	14,200	14,400	13,100	14,400	14,100	13,800	13,400	13,100	13,100	13,200	12,800	14,300	13,500	13,400	13,000	13,000	13,100	13,100	13,800	12,700	13,000	13,100	12,700	12,800	12,800	13,300	14,000	14,300	14,300	14,100	13,900	13,900	10,500	10,900	11,100	11,200
Interest income
200	700	400	500	500	600	300	400	200	200	200	400	400	200	300	400	600	200	500	300	600	600	300	500	400	100	100	100	100	100	100	100	100	100	100	100	0	0	100
Accretion of interest on the discounted payable to founding members under tax receivable agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,400	3,400	3,600	8,800	3,500	3,500	3,600	3,800	3,500	3,500	3,800	3,700	3,400	3,400	3,400	-1,100	4,100	4,000	3,000	4,200	2,400	4,100	4,400	3,600	3,000
Change in derivative fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	700	800	700	-	-1,900	-2,000	1,200	-3,200	-4,500
Amortization of terminated derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,600	2,400	2,600	2,500	2,500	2,500	2,600	2,700	2,500	1,600	1,300	800	300	-	-	-	-	-	-
Gain on early retirement of debt, net
0	-5,900	0	0	300	200	300	-1,200	0	-	-	-	-	-	-10,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on re-measurement of the payable to founding members under the tax receivable agreement
-200	-100	500	-800	-700	-800	-3,200	7,700	100	-	0	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on swap terminations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26,700	-	-	-	-	-	-	-
Other non-operating income
100	100	0	100	200	100	100	0	0	200	0	0	100	-	-	-	-	-400	100	0	100	-100	700	100	100	-	-	1,200	-	-	-	2,400	-	-	1,500	-	-	-	-
Total
-13,500	-20,800	-12,900	-14,400	-14,100	-13,000	-16,900	-7,200	-13,500	178,600	-12,900	-12,100	-12,700	-3,400	-27,800	-16,500	-16,400	-18,700	-16,100	-16,300	-17,800	-19,300	-19,200	-18,600	-19,100	5,800	-18,700	-20,000	-19,100	-17,000	-18,900	-47,300	-16,600	-23,500	-19,600	-16,500	-14,100	-17,900	-18,600
LOSS BEFORE INCOME TAXES
-8,600	51,900	27,100	23,300	-3,200	47,800	25,400	33,000	-2,500	248,800	37,400	16,200	-7,600	68,900	20,600	30,000	-10,600	42,800	31,700	39,100	-34,500	38,600	21,500	21,700	-6,300	60,800	48,700	38,000	2,500	34,400	59,200	-2,000	400	31,000	54,400	33,700	900	49,200	24,700
Income Tax Expense (Benefit)
-400	6,400	4,300	2,300	-600	6,800	-300	16,000	1,000	179,300	1,200	1,600	-1,800	13,100	-1,100	4,500	-2,100	13,200	4,800	5,800	-4,300	5,700	2,100	3,800	-1,700	7,200	6,400	6,000	600	17,900	10,200	-1,100	-300	6,200	8,500	5,400	-700	6,600	2,700
CONSOLIDATED NET LOSS
-8,200	45,500	22,800	21,000	-2,600	41,000	25,700	17,000	-3,500	69,500	36,200	14,600	-5,800	55,800	21,700	25,500	-8,500	29,600	26,900	33,300	-30,200	32,900	19,400	17,900	-4,600	53,600	42,300	32,000	1,900	16,500	49,000	-900	700	24,800	45,900	28,300	1,600	42,600	21,900
Equity loss from investment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-100
Less: Net loss attributable to noncontrolling interests
-4,500	26,400	13,600	12,100	-1,500	24,700	14,500	12,800	-1,600	28,800	22,500	9,400	-4,500	33,600	13,500	18,700	-4,200	27,100	19,200	23,200	-21,200	24,800	14,600	14,300	-1,500	34,600	28,600	22,500	2,900	17,000	32,300	1,000	1,600	18,100	29,100	19,300	2,600	30,800	17,300
Net Income (Loss) Attributable to Parent
-3,700	19,100	9,200	8,900	-1,100	16,300	11,200	4,200	-1,900	40,700	13,700	5,200	-1,300	22,200	8,200	6,800	-4,300	2,500	7,700	10,100	-9,000	8,100	4,800	3,600	-3,100	19,000	13,700	9,500	-1,000	-500	16,700	-1,900	-900	6,700	16,800	9,000	-1,000	11,800	4,600
COMPREHENSIVE LOSS ATTRIBUTABLE TO NCM, INC.
-3,700	19,100	9,200	8,900	-1,100	16,300	11,200	4,200	-1,900	-	13,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Basic (in usd per share)
-0.05	0.25	0.12	0.11	-0.01	0.22	0.15	0.05	-0.03	0.61	0.21	0.09	-0.02	0.37	0.14	0.11	-0.07	0.04	0.13	0.17	-0.15	0.14	0.08	0.06	-0.05	0.35	0.24	0.17	-0.02	-0.01	0.31	-0.03	-0.02	0.12	0.31	0.17	-0.02	0.25	0.11
Diluted (in usd per share)
-0.05	0.24	0.12	0.11	-0.01	0.21	0.14	0.05	-0.03	0.20	0.21	0.09	-0.02	0.37	0.13	0.11	-0.07	0.04	0.13	0.17	-0.15	0.14	0.08	0.06	-0.05	0.34	0.24	0.17	-0.02	-0.01	0.30	-0.03	-0.02	0.13	0.31	0.16	-0.02	0.24	0.11
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic (in shares)
77,763	77,502	77,356	77,343	77,179	76,958	76,924	76,912	76,640	75,994	63,993	60,609	60,309	59,863	59,846	59,831	59,610	59,039	59,014	58,974	58,888	58,752	58,744	58,722	58,618	58,355	56,027	55,062	54,611	54,473	54,451	54,442	54,141	53,928	53,924	53,912	53,691	47,557	42,289
Weighted Average Number of Shares Outstanding, Diluted
77,763	78,430	77,883	77,636	77,179	398,364	77,485	77,125	76,640	418,779	64,281	60,899	60,309	61,376	60,878	60,556	59,610	60,248	59,625	59,595	58,888	59,358	59,043	59,000	58,618	59,310	56,875	55,716	54,611	56,343	55,179	54,442	54,141	55,329	54,703	54,814	53,691	48,213	42,924
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.72	0.22	0.22	0.22	0.22	-	0.22	0.22	-	-	-	-	-	-	-