National cinemedia, inc. (NCMI)
Income statement / TTM
Mar'20Dec'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'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue from Contract with Customer, Excluding Assessed Tax

432,600

444,800

435,000

434,600

438,100

441,400

444,700

451,000

434,400

426,100

427,900

425,000

443,300

447,600

441,500

439,700

445,800

446,500

433,200

422,300

400,700

394,000

379,000

405,800

422,800

426,300

422,100

432,500

416,900

409,500

406,900

396,100

393,400

386,200

402,600

365,500

0

0

0

Fathom Events

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,500

33,900

32,100

35,000

39,300

40,600

43,700

50,300

49,200

43,900

44,000

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

462,800

456,000

464,600

451,900

448,800

447,500

439,800

443,700

435,400

446,500

409,600

0

0

0

OPERATING EXPENSES:
Advertising operating costs

37,200

38,300

37,700

38,400

37,700

37,400

0

0

0

-

-

29,200

30,000

30,000

29,700

30,000

30,000

30,800

30,200

28,900

27,200

26,400

25,400

26,800

28,300

29,000

29,300

32,400

32,300

31,300

30,500

27,900

25,800

24,600

23,600

20,900

0

0

0

Fathom Events operating costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,500

24,400

23,500

25,800

29,000

29,400

31,300

35,500

34,100

30,300

29,900

0

0

0

Network costs

12,900

13,500

13,400

13,400

13,300

13,300

13,900

14,400

15,100

15,800

16,100

16,500

16,800

17,100

17,700

17,900

17,800

17,800

17,900

18,000

18,200

18,300

17,600

18,300

19,000

19,400

19,700

19,700

19,700

19,800

19,600

19,100

18,800

18,600

19,200

19,400

0

0

0

Theater access fees and revenue share to founding members (including fees to related parties of $12.5 and $12.9, respectively)

81,300

82,700

80,700

80,300

80,200

81,700

80,900

79,300

76,500

76,500

75,700

76,800

77,000

75,100

75,300

73,700

74,000

72,500

72,300

71,700

70,400

70,600

69,300

71,000

71,200

69,400

68,600

66,200

64,400

64,500

61,600

60,500

59,000

55,400

55,700

53,900

0

0

0

Selling and marketing costs

63,600

64,900

66,900

65,200

65,700

66,500

65,800

67,700

69,900

72,000

72,500

72,100

72,300

72,800

76,900

77,000

74,900

72,300

63,700

61,500

58,600

57,600

58,600

59,500

61,100

61,500

61,500

61,600

61,400

60,500

60,400

60,300

59,700

59,800

60,600

59,100

0

0

0

Merger termination fee and related merger costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,300

36,300

38,000

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Administrative and other costs

42,900

43,800

45,800

44,700

46,400

48,300

44,000

43,500

41,200

37,900

39,500

39,300

38,200

43,800

45,200

45,900

44,800

38,600

34,200

31,800

30,600

29,500

28,100

29,000

29,300

29,400

29,800

30,000

31,000

31,500

31,400

30,100

30,100

30,400

31,800

32,600

0

0

0

Depreciation expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

-

-

13,700

13,400

-

12,600

-8,300

-2,000

4,200

11,000

37,500

37,000

36,700

35,800

34,500

33,600

32,900

32,200

32,400

33,000

32,600

32,400

32,000

30,600

29,000

26,600

24,300

22,100

20,900

20,400

19,700

19,800

19,100

18,800

19,000

18,200

0

0

0

Amortization of Intangible Assets

-

-

6,700

13,600

-

27,300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangibles recorded for network theater screen leases

25,900

26,700

20,700

13,900

6,900

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total

277,300

283,500

285,600

282,900

283,900

287,100

281,000

279,300

274,600

272,200

271,900

270,900

271,000

274,600

279,300

278,100

275,300

298,500

288,800

285,000

278,500

242,300

244,800

252,400

257,600

260,800

257,600

255,500

255,500

257,000

252,600

249,000

248,000

241,700

240,200

234,000

0

0

0

OPERATING INCOME

155,300

161,300

149,400

151,700

154,200

154,300

163,700

171,700

159,800

153,900

156,000

154,100

172,300

173,000

162,200

161,600

170,500

148,000

144,400

137,300

122,200

151,700

148,800

175,500

193,200

202,000

198,400

209,100

196,400

191,800

194,900

190,800

195,700

193,700

206,300

175,600

0

0

0

NON-OPERATING EXPENSES:
Interest on borrowings

57,200

58,000

55,500

56,100

56,000

55,400

55,700

54,400

53,400

52,800

52,200

53,400

53,800

54,000

54,200

52,900

52,500

52,200

53,000

52,700

52,600

52,600

51,500

51,600

51,400

51,600

52,900

54,400

55,900

56,700

56,600

56,200

52,400

49,200

46,400

43,700

0

0

0

Interest income

1,800

2,100

2,000

1,900

1,800

1,500

1,100

1,000

1,000

1,200

1,200

1,300

1,300

1,500

1,500

1,700

1,600

1,600

2,000

1,800

2,000

1,800

1,300

1,100

700

400

400

400

400

400

400

400

400

300

200

200

0

0

0

Accretion of interest on the discounted payable to founding members under tax receivable agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,200

19,300

19,400

19,400

14,400

14,400

14,400

14,600

14,500

14,400

14,300

13,900

9,100

9,800

10,400

10,000

15,300

13,600

13,700

15,100

14,500

15,100

0

0

0

Change in derivative fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,000

0

0

0

-

-5,900

-8,500

0

0

0

Amortization of terminated derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,600

4,000

6,600

9,100

10,000

10,100

10,100

10,300

10,300

9,400

8,100

6,200

4,000

0

0

0

-

-

-

-

-

-

Gain on early retirement of debt, net

-5,900

-5,600

500

800

-400

-700

0

0

0

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on re-measurement of the payable to founding members under the tax receivable agreement

-600

-1,100

-1,800

-5,500

3,000

3,800

4,600

8,400

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on swap terminations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Other non-operating income

300

400

400

500

400

200

300

200

200

300

0

0

0

-

-

-

-

-200

100

700

800

800

2,100

0

0

-

-

0

-

-

-

0

-

-

0

-

-

-

-

Total

-61,600

-62,200

-54,400

-58,400

-51,200

-50,600

141,000

145,000

140,100

140,900

-41,100

-56,000

-60,400

-64,100

-79,400

-67,700

-67,500

-68,900

-69,500

-72,600

-74,900

-76,200

-51,100

-50,600

-52,000

-52,000

-74,800

-75,000

-102,300

-99,800

-106,300

-107,000

-76,200

-73,700

-68,100

-67,100

0

0

0

LOSS BEFORE INCOME TAXES

93,700

99,100

95,000

93,300

103,000

103,700

304,700

316,700

299,900

294,800

114,900

98,100

111,900

108,900

82,800

93,900

103,000

79,100

74,900

64,700

47,300

75,500

97,700

124,900

141,200

150,000

123,600

134,100

94,100

92,000

88,600

83,800

119,500

120,000

138,200

108,500

0

0

0

Income Tax Expense (Benefit)

12,600

12,400

12,800

8,200

21,900

23,500

196,000

197,500

183,100

180,300

14,100

11,800

14,700

14,400

14,500

20,400

21,700

19,500

12,000

9,300

7,300

9,900

11,400

15,700

17,900

20,200

30,900

34,700

27,600

26,700

15,000

13,300

19,800

19,400

19,800

14,000

0

0

0

CONSOLIDATED NET LOSS

81,100

86,700

82,200

85,100

81,100

80,200

108,700

119,200

116,800

114,500

100,800

86,300

97,200

94,500

68,300

73,500

81,300

59,600

62,900

55,400

40,000

65,600

86,300

109,200

123,300

129,800

92,700

99,400

66,500

65,300

73,600

70,500

99,700

100,600

118,400

94,400

0

0

0

Equity loss from investment, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Less: Net loss attributable to noncontrolling interests

47,600

50,600

48,900

49,800

50,500

50,400

54,500

62,500

59,100

56,200

61,000

52,000

61,300

61,600

55,100

60,800

65,300

48,300

46,000

41,400

32,500

52,200

62,000

76,000

84,200

88,600

71,000

74,700

53,200

51,900

53,000

49,800

68,100

69,100

81,800

70,000

0

0

0

Net Income (Loss) Attributable to Parent

33,500

36,100

33,300

35,300

30,600

29,800

54,200

56,700

57,700

58,300

39,800

34,300

35,900

32,900

13,200

12,700

16,000

11,300

16,900

14,000

7,500

13,400

24,300

33,200

39,100

41,200

21,700

24,700

13,300

13,400

20,600

20,700

31,600

31,500

36,600

24,400

0

0

0

COMPREHENSIVE LOSS ATTRIBUTABLE TO NCM, INC.

33,500

36,100

33,300

35,300

30,600

29,800

27,200

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-