2015 Q4 Form 10-K Financial Statement

#000119312517052899 Filed on February 23, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $707.2M $700.1M $799.9M
YoY Change 7.16% 8.22% 11.43%
Cost Of Revenue $274.0M $272.5M $326.2M
YoY Change 9.25% 9.44% 14.66%
Gross Profit $433.2M $427.6M $473.7M
YoY Change 5.87% 7.46% 9.32%
Gross Profit Margin 61.25% 61.08% 59.22%
Selling, General & Admin $196.4M $196.2M $198.2M
YoY Change 5.71% 6.46% 4.15%
% of Gross Profit 45.34% 45.88% 41.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $49.70M $47.54M $46.57M
YoY Change 11.69% 6.29% 6.13%
% of Gross Profit 11.47% 11.12% 9.83%
Operating Expenses $326.0M $328.3M $329.9M
YoY Change 6.96% 6.42% 5.47%
Operating Profit $99.09M $99.13M $134.5M
YoY Change 3.15% 20.47% 15.08%
Interest Expense -$11.20M $28.42M $28.30M
YoY Change -50.88% 0.3% 0.06%
% of Operating Profit -11.3% 28.67% 21.04%
Other Income/Expense, Net -$22.32M -$20.83M
YoY Change 22.5% 0.86%
Pretax Income $87.90M $76.81M $113.7M
YoY Change 20.08% 19.89% 18.14%
Income Tax $29.70M $30.11M $42.77M
% Of Pretax Income 33.79% 39.2% 37.63%
Net Earnings $57.75M $46.34M $70.26M
YoY Change 22.08% 21.53% -2.05%
Net Earnings / Revenue 8.17% 6.62% 8.78%
Basic Earnings Per Share $0.50 $0.40 $0.61
Diluted Earnings Per Share $0.50 $0.40 $0.61
COMMON SHARES
Basic Shares Outstanding 115.9M shares 115.2M shares 115.1M shares
Diluted Shares Outstanding 115.4M shares 115.3M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $588.5M $502.9M $576.3M
YoY Change -7.89% -8.01% -0.31%
Cash & Equivalents $588.5M $502.9M $576.3M
Short-Term Investments
Other Short-Term Assets $13.50M $26.30M $25.30M
YoY Change -36.92% -14.89% -15.38%
Inventory $15.95M $13.24M $13.97M
Prepaid Expenses
Receivables $74.29M $86.12M $96.92M
Other Receivables $22.90M $2.600M $1.800M
Total Short-Term Assets $715.2M $631.1M $714.3M
YoY Change -3.49% -5.5% 1.45%
LONG-TERM ASSETS
Property, Plant & Equipment $1.505B $1.461B $1.484B
YoY Change 3.74% 2.33% 2.68%
Goodwill $1.248B $1.252B $1.266B
YoY Change -2.34% -1.96% -1.6%
Intangibles $339.6M $341.8M $344.0M
YoY Change -2.41% -2.36% -2.3%
Long-Term Investments $278.7M $275.7M $272.5M
YoY Change 8.61% 7.65% 7.96%
Other Assets $38.24M $82.35M $82.63M
YoY Change -17.88% 2.44% 9.69%
Total Long-Term Assets $3.411B $3.413B $3.450B
YoY Change 0.94% 0.61% 1.09%
TOTAL ASSETS
Total Short-Term Assets $715.2M $631.1M $714.3M
Total Long-Term Assets $3.411B $3.413B $3.450B
Total Assets $4.126B $4.044B $4.164B
YoY Change 0.14% -0.4% 1.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $108.8M $307.7M $368.5M
YoY Change -8.67% 8.96% 25.77%
Accrued Expenses $287.3M
YoY Change 11.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $8.405M $8.412M $8.423M
YoY Change -0.21% 0.27% 0.41%
Total Short-Term Liabilities $439.8M $351.5M $419.1M
YoY Change 6.13% 10.18% 22.62%
LONG-TERM LIABILITIES
Long-Term Debt $1.773B $1.809B $1.811B
YoY Change -0.57% -0.46% -0.46%
Other Long-Term Liabilities $60.78M $66.24M $65.69M
YoY Change -9.66% -5.77% -8.13%
Total Long-Term Liabilities $2.576B $2.597B $2.609B
YoY Change -0.28% -0.59% -0.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $439.8M $351.5M $419.1M
Total Long-Term Liabilities $2.576B $2.597B $2.609B
Total Liabilities $3.016B $2.948B $3.029B
YoY Change 0.61% 0.58% 2.31%
SHAREHOLDERS EQUITY
Retained Earnings $324.6M $296.2M $278.9M
YoY Change 44.78% 43.77% 41.65%
Common Stock $1.113B $1.107B $1.104B
YoY Change 1.66% 1.35% 1.3%
Preferred Stock
YoY Change
Treasury Stock (at cost) $66.58M $66.58M $66.56M
YoY Change 7.72% 7.87% 7.83%
Treasury Stock Shares $4.184M 4.180M shares 4.177M shares
Shareholders Equity $1.100B $1.085B $1.124B
YoY Change
Total Liabilities & Shareholders Equity $4.126B $4.044B $4.164B
YoY Change 0.14% -0.4% 1.16%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income $57.75M $46.34M $70.26M
YoY Change 22.08% 21.53% -2.05%
Depreciation, Depletion And Amortization $49.70M $47.54M $46.57M
YoY Change 11.69% 6.29% 6.13%
Cash From Operating Activities $229.6M $45.50M $155.7M
YoY Change -0.82% -28.23% 59.2%
INVESTING ACTIVITIES
Capital Expenditures -$99.30M $76.64M $69.97M
YoY Change 12.2% 42.97% 40.61%
Acquisitions
YoY Change
Other Investing Activities $3.100M $0.00 $1.500M
YoY Change -136.05% -100.0% 150.0%
Cash From Investing Activities -$96.20M -$76.70M -$68.50M
YoY Change -1.03% 44.17% 39.23%
FINANCING ACTIVITIES
Cash Dividend Paid $396.0K
YoY Change -70.47%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -37.10M -34.90M -42.00M
YoY Change 0.82% 2.35% 21.74%
NET CHANGE
Cash From Operating Activities 229.6M 45.50M 155.7M
Cash From Investing Activities -96.20M -76.70M -68.50M
Cash From Financing Activities -37.10M -34.90M -42.00M
Net Change In Cash 96.30M -66.10M 45.20M
YoY Change -1.23% 176.57% 220.57%
FREE CASH FLOW
Cash From Operating Activities $229.6M $45.50M $155.7M
Capital Expenditures -$99.30M $76.64M $69.97M
Free Cash Flow $328.9M -$31.14M $85.74M
YoY Change 2.78% -417.91% 78.45%

Facts In Submission

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CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
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38519000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
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CY2016Q4 us-gaap Capital Lease Obligations Current
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21139000
CY2016Q4 us-gaap Capital Lease Obligations Noncurrent
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CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due
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CY2016Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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33043000
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5071000
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4111000
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1272960000
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OtherLongTermDebt
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
641069000
CY2016Q4 us-gaap Minority Interest
MinorityInterest
11142000
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
5671000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
5710000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
7099000
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443225000
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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112747000
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DeferredTaxLiabilitiesOtherComprehensiveIncome
0
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DeferredTaxLiabilitiesOtherFiniteLivedAssets
36052000
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
176781000
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
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CY2016Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
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DeferredTaxAssetsDeferredIncome
130005000
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InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
98317000
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1704536000
CY2016Q4 us-gaap Assets Fair Value Disclosure Recurring
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0
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CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
561235000
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2051000
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4887000
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FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4304000
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334899000
CY2016Q4 us-gaap Inventory Net
InventoryNet
16961000
CY2016Q4 us-gaap Land
Land
103080000
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74993000
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383826000
CY2016Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
1089040000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3059754000
CY2016Q4 us-gaap Assets
Assets
4306633000
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34854000
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314207000
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DeferredTaxAssetsTaxDeferredExpenseOther
11270000
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FiniteLivedIntangibleAssetsNet
35190000
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FiniteLivedIntangibleAssetsGross
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CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
15002000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2189000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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3973000
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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4835000
CY2016Q4 us-gaap Goodwill
Goodwill
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CY2016Q4 us-gaap Income Taxes Receivable
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CY2016Q4 us-gaap Indefinite Lived Trade Names
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1222780 shares
CY2016Q4 cnk Company Matching Contribution To Employee Savings Plan
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3187000
CY2016Q4 cnk Construction Advances And Other Deposits
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10881000
CY2016Q4 cnk Equipment To Be Placed In Service
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12856000
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118439000
CY2016Q4 cnk Percentage Voting Stock Of Foreign Subsidiaries Guaranteed Senior Secured Credit Facility
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0.65 pure
CY2016Q4 cnk Liability Recorded For Matching Contribution
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3522000
CY2016Q4 cnk Accrued Liabilities For Advanced Sale Type Certificates
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1925780000
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5996000
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7396000
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85721000
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0.19 pure
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26384644 shares
CY2016Q4 cnk Accrued Film Rental
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97504000
CY2016Q4 cnk Company Ownership Of Subsidiary After Purchase Of Noncontrolling Interest
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1.00 pure
CY2016Q4 cnk Deferred Tax Assets Deferred Lease Expenses
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24026000
CY2016Q4 cnk Insurance Reserve Current
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7837000
CY2016Q4 cnk Equivalent Number Of Shares Common Stock
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CY2016Q4 cnk Senior Secured Debt Outstanding
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663799000
CY2016Q4 cnk Accrued Payroll
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49707000
CY2016Q4 cnk Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax And Other
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56520000
CY2016Q4 cnk Debt Carrying Amount Current
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5671000
CY2007Q1 cnk Payment Per Digital Screen
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800000
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
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0.27
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2016-02-24
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0.00667
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450000
CY2016Q4 cnk Percentage Share Of Subsidiary Purchased By Company
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0.25 pure
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1.00
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1.66
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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454634000
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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114966000 shares
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IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
810 shares
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EarningsPerShareBasic
1.66
CY2014 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
25947 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
14584 shares
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2626990000
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
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14035000
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244705000
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137445000
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13665000
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2507000
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363070000
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192610000
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131031000
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845376000
CY2014 us-gaap Comprehensive Income Net Of Tax
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129657000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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12818000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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1324000
CY2014 us-gaap Repayments Of Long Term Debt
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9846000
CY2014 us-gaap Profit Loss
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193999000
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9861000
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115625000
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CY2014 us-gaap Investment Income Interest
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5599000
CY2014 us-gaap Increase Decrease In Income Taxes Receivable
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18681000
CY2014 us-gaap Income Taxes Paid Net
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122972000
CY2014 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
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192610000
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UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
10000
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
112000
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000
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22150000
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2846000
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CY2014 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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346000
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191265000
CY2014 us-gaap Income Loss From Equity Method Investments
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22743000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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84542000
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205521000
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290063000
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124000
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2806000
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1644169000
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6322000
CY2014 us-gaap Deferred Income Tax Expense Benefit
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526000
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641000
CY2014 us-gaap Depreciation
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173138000
CY2014 us-gaap Depreciation Depletion And Amortization
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175656000
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1759000
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2545000
CY2014 us-gaap Share Based Compensation
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12818000
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6168000
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963000
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6647000
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131985000
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61732000
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27681000
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95538000
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101522000
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5491000
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273880000
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2422000
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0
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CostsAndExpenses
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151444000
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479000
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2274000
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386000
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CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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1389000
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79205000
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317096000
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1479000
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335109000
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296000
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2379000
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1345000
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5245000
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2518000
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38940000
CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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1374000
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6125000
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-6437000
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19172000
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2125000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4549000
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-1540000
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32570000
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OperatingLeasesRentExpenseMinimumRentals
237891000
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
112000
CY2014 cnk Medical Cap Per Claim
MedicalCapPerClaim
125000
CY2014 cnk Multiplication Value To Cash Flows For Determination Of Fair Value Of Reporting Units
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8 Unit
CY2014 cnk Payment Per Digital Screen
PaymentPerDigitalScreen
1125000
CY2014 cnk Distributions From Company One
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18541000
CY2015 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
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17897 shares
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856388000
CY2014 cnk Cost Of On Screen Time Provided To Companys Beverage Concessionaire
CostOfOnScreenTimeProvidedToCompanysBeverageConcessionaire
11489000
CY2014 cnk Revenue Recognized On Unredeemed Gift Cards And Other Advance Sale Tickets
RevenueRecognizedOnUnredeemedGiftCardsAndOtherAdvanceSaleTickets
12233000
CY2014 cnk Annual General Liability Cap Per Policy Year
AnnualGeneralLiabilityCapPerPolicyYear
2670000
CY2014 cnk Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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615697000
CY2014 cnk Income Tax Reconciliation Foreign Inflation Adjustments
IncomeTaxReconciliationForeignInflationAdjustments
641000
CY2014 cnk General Liability Cap Per Claim
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100000
CY2014 cnk Value Of Properties Acquired Under Capital Lease
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19908000
CY2014 cnk Change In Accounts Payable For Acquisition Of Theatre Properties
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CY2014 cnk Facility Lease Expense
FacilityLeaseExpense
317096000
CY2014 cnk Deferred Lease Expenses Adjustments To Reconcile Net Income To Cash Provided By Used For Operating Activities
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2536000
CY2014 cnk Gain Loss On Sale Of Assets And Other
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CY2014 cnk Cost Of Shares Withheld By Company To Cover Tax Withholdings Related To Restricted Stock Vesting
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9861000
CY2014 cnk Unrecognized Tax Benefits Foreign Currency Translation Adjustments
UnrecognizedTaxBenefitsForeignCurrencyTranslationAdjustments
-257000
CY2014 cnk Income Tax Reconciliation Disposition Of Business And Related Changes In Intangible Assets
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-10065000
CY2014 cnk Increase Decrease In Liability For Uncertain Tax Positions
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CY2014 cnk Restricted Stock Withholdings
RestrictedStockWithholdings
336253 shares
CY2014 cnk Value Of Common Units Received From Company One
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8216000
CY2014 cnk Amortization Of Long Term Prepaid Rents
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1542000
CY2014 cnk Dividends Accrued On Unvested Restricted Stock Unit Awards
DividendsAccruedOnUnvestedRestrictedStockUnitAwards
530000
CY2014 cnk Other Comprehensive Income Loss Equity Method Investments
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CY2014 cnk Income Tax Reconciliation Foreign Dividends
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1083000
CY2014 cnk Payments To Joint Venture Investment
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2188000
CY2014 cnk Common Stock Repurchased Value As Result Of Restricted Stock Forfeitures And Canceled
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0.001
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530000
CY2014 cnk Increase Decrease In Prepaid Expenses And Other
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-4011000
CY2014 cnk Increase Decrease In Deferred Charges And Other Assets
IncreaseDecreaseInDeferredChargesAndOtherAssets
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<div> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="4%" valign="top" align="left"><font style="font-family:Times New Roman" size="2"><b>2.</b></font></td> <td align="left" valign="top"><font style="font-family:Times New Roman" size="2"><b>NEW ACCOUNTING PRONOUNCEMENTS</b></font></td> </tr> </table> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In May 2014, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;)&#xA0;issued Accounting Standards Update 2014-09, <i>Revenue from Contracts with Customers (Topic 606),</i> (&#x201C;ASU 2014-09&#x201D;). The purpose of ASU 2014-09 is to clarify the principles for recognizing revenue and create a common revenue standard for U.S. GAAP and International Financial Reporting Standards. ASU 2014-09 affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (for example, insurance contracts or lease contracts).&#xA0;The amendments in ASU 2014-09 are effective for annual reporting periods beginning after December&#xA0;15, 2017, and interim periods within those years. The following subsequent Accounting Standards Updates either clarified or revised guidance set forth in ASU 2014-09:</font></p> <p style="font-size:6px;margin-top:0px;margin-bottom:0px"> &#xA0;</p> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="5%"><font size="1">&#xA0;</font></td> <td width="2%" valign="top" align="left"><font style="font-family:Times New Roman" size="2">&#x2022;</font></td> <td width="1%" valign="top"><font size="1">&#xA0;</font></td> <td align="left" valign="top"> <p align="left"><font style="font-family:Times New Roman" size="2">In August 2015, the FASB issued Accounting Standards Update 2015-14, <i>Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date</i>, (&#x201C;ASU 2015-14&#x201D;).&#xA0;ASU 2015-14 defers the effective date of Accounting Standards Update 2014-09: Revenue from Contracts with Customers (Topic 606), (&#x201C;ASU 2014-09).&#xA0;The guidance in ASU 2014-09 is now effective for annual reporting periods beginning after December&#xA0;15, 2017, including interim reporting periods within that reporting period.</font></p> </td> </tr> </table> <p style="font-size:6px;margin-top:0px;margin-bottom:0px"> &#xA0;</p> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="5%"><font size="1">&#xA0;</font></td> <td width="2%" valign="top" align="left"><font style="font-family:Times New Roman" size="2">&#x2022;</font></td> <td width="1%" valign="top"><font size="1">&#xA0;</font></td> <td align="left" valign="top"> <p align="left"><font style="font-family:Times New Roman" size="2">In March 2016, the FASB issued Accounting Standards Update 2016-08, <i>Revenue from Contracts with Customers (Topic 606):&#xA0;Principal versus Agent Considerations (Reporting Revenues Gross versus Net</i>), (&#x201C;ASU 2016-08&#x201D;). The purpose of ASU 2016-08 is to clarify the implementation of revenue recognition guidance related to principal versus agent considerations.</font></p> </td> </tr> </table> <p style="font-size:6px;margin-top:0px;margin-bottom:0px"> &#xA0;</p> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="5%"><font size="1">&#xA0;</font></td> <td width="2%" valign="top" align="left"><font style="font-family:Times New Roman" size="2">&#x2022;</font></td> <td width="1%" valign="top"><font size="1">&#xA0;</font></td> <td align="left" valign="top"> <p align="left"><font style="font-family:Times New Roman" size="2">In April 2016, the FASB issued Accounting Standards Update 2016-10, <i>Revenue from Contracts with Customers (Topic 606):&#xA0;Identifying Performance Obligations and Licensing</i>, (&#x201C;ASU 2016-10&#x201D;). The purpose of ASU 2016-10 is to clarify certain aspects of identifying performance obligations and licensing implementation guidance.</font></p> </td> </tr> </table> <p style="font-size:6px;margin-top:0px;margin-bottom:0px"> &#xA0;</p> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="5%"><font size="1">&#xA0;</font></td> <td width="2%" valign="top" align="left"><font style="font-family:Times New Roman" size="2">&#x2022;</font></td> <td width="1%" valign="top"><font size="1">&#xA0;</font></td> <td align="left" valign="top"> <p align="left"><font style="font-family:Times New Roman" size="2">In May 2016, the FASB issued Accounting Standards Update 2016-12, <i>Revenue from Contracts with Customers (Topic 606):&#xA0;Narrow-Scope Improvements and Practical Expedients</i>, (&#x201C;ASU 2016-12&#x201D;). The purpose of ASU 2016-12 is to address certain narrow aspects of ASC Topic 606 including assessing collectability, presentation of sales and other similar taxes, noncash considerations, contract modifications and completed contracts at transition.</font></p> </td> </tr> </table> <p style="font-size:6px;margin-top:0px;margin-bottom:0px"> &#xA0;</p> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="5%"><font size="1">&#xA0;</font></td> <td width="2%" valign="top" align="left"><font style="font-family:Times New Roman" size="2">&#x2022;</font></td> <td width="1%" valign="top"><font size="1">&#xA0;</font></td> <td align="left" valign="top"> <p align="left"><font style="font-family:Times New Roman" size="2">In December 2016, the FASB issued Accounting Standards Update 2016-20, <i>Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers</i>, (&#x201C;ASU 2016-20&#x201D;). The purpose of ASU 2016-20 is to amend certain narrow aspects of the guidance issued in ASU 2014-09 including guidance related to the disclosure of remaining performance obligations and prior-period performance obligations, as well as other amendments to the guidance on loan guarantee fees, contract costs, refund liabilities, advertising costs and the clarification of certain examples.</font></p> </td> </tr> </table> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The amendments in these accounting standards updates may be applied either using a modified retrospective transition method by means of a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year in which the guidance is effective or retrospectively to each period presented. Early adoption is permitted. The Company will adopt the amendments within these accounting standards updates in the first quarter of 2018.&#xA0;The Company is currently evaluating the impact of these accounting standards updates on its consolidated financial statements, specifically with respect to the Company&#x2019;s Exhibitor Services Agreement with NCM, loyalty program accounting, breakage income for stored value cards as well as other ancillary and contractual revenues.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In February 2015, the FASB&#xA0;issued Accounting Standards Update 2015-02, <i>Consolidation (Topic 810): Amendments to the Consolidation Analysis</i>, (&#x201C;ASU 2015-02&#x201D;). ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal entities.&#xA0;Specifically, ASU 2015-02 modifies the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership and affects the consolidation analysis of reporting entities that are involved with certain VIEs. ASU 2015-02 also provides a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds.&#xA0;ASU 2015-02 is effective for fiscal years beginning after December&#xA0;15, 2015. Effective January&#xA0;1, 2016, the Company adopted ASU 2015-02, which had no impact on its consolidated financial statements.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In February 2016, the FASB issued Accounting Standards Update 2016-02, <i>Leases (Topic 842)</i>, (&#x201C;ASU 2016-02&#x201D;). The purpose of ASU 2016-02 is to provide financial statement users a better understanding of the amount, timing, and uncertainty of cash flows arising from leases. The adoption of ASU 2016-02 will result in the recognition of a right-of-use asset and a lease liability for most operating leases. New disclosure requirements include qualitative and quantitative information about the amounts recorded in the financial statements. ASU&#xA0;2016-02 is effective for fiscal years beginning after December&#xA0;15, 2018. ASU 2016-02 requires a modified retrospective transition by means of a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year in which the guidance is effective with the option to elect certain practical expedients. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2016-02 on its consolidated financial statements.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In March 2016, the FASB issued Accounting Standards Update 2016-04, <i>Liabilities &#x2014; Extinguishment of Liabilities (Subtopic 405-20)</i>, (&#x201C;ASU 2016-04&#x201D;). The purpose of ASU 2016-04 is to provide a narrow scope exception to the guidance in Accounting Standards Codification (&#x201C;ASC&#x201D;) Subtopic 405-20 to require that breakage of liabilities associated with prepaid stored-value products be accounted for consistent with the breakage guidance in ASC Topic 606. ASU 2016-04 is effective for fiscal years beginning after December&#xA0;15, 2017. The amendments in ASU 2016-04 may be applied either using a modified retrospective transition method by means of a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year in which the guidance is effective or retrospectively to each period presented. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2016-04 on its consolidated financial statements.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In March 2016, the FASB issued Accounting Standards Update 2016-07, <i>Investments &#x2014; Equity Method and Joint Ventures (Topic 323)</i>, (&#x201C;ASU 2016-07&#x201D;). The purpose of ASU 2016-07 is to eliminate the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment was held. ASU 2016-07 is effective for fiscal years beginning after December&#xA0;15, 2016. The amendments in ASU 2016-07 should be applied prospectively. Early adoption is permitted. The Company does not expect ASU 2016-07 to have an impact on its consolidated financial statements.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In March 2016, the FASB issued Accounting Standards Update 2016-09, <i>Compensation &#x2014; Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting</i>, (&#x201C;ASU 2016-09&#x201D;). The purpose of ASU 2016-09 is to simplify the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification of such activity on the statement of cash flows. ASU 2016-09 is effective for fiscal years beginning after December&#xA0;15, 2016, including interim periods within that year. Prospective, retrospective, or modified retrospective application may be used dependent on the specific requirements of the amendments within ASU 2016-09. The Company will adopt ASU 2016-09 on a prospective basis during the first interim period of 2017.&#xA0;Upon adoption of ASU <font style="white-space:nowrap">2016-09,</font> the Company will revise its future diluted earnings per share calculations to exclude the estimated tax benefits and deficiencies in the application of the treasury stock method, which will impact the number of dilutive shares included in the diluted earnings per share calculation.&#xA0;Excess tax benefits or deficiencies related to share based awards will be recognized as discrete items in the income statement during the period in which they occur. The Company will continue to estimate forfeitures for its share based awards after adoption of ASU <font style="white-space:nowrap">2016-09.</font></font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In August 2016, the FASB issued Accounting Standards Update 2016-15, <i>Statement of Cash Flows (Topic&#xA0;230):&#xA0;Classification of Certain Cash Receipts and Cash Payments &#x2014; a consensus of the FASB Emerging Issues Task Force</i>, (&#x201C;ASU 2016-15&#x201D;). The purpose of ASU 2016-15 is to reduce the diversity in practice regarding how certain cash receipts and cash payments are presented and classified in the statement of cash flows.&#xA0;ASU 2016-15 is effective for fiscal years beginning after December&#xA0;15, 2017, including interim periods within that year.&#xA0;A retrospective transition method should be used in the application of the amendments within ASU 2016-15.&#xA0;If retrospective application is considered impracticable, retrospective application may be used as of the earliest date practicable. Early adoption is permitted. The Company is currently evaluating the impact of ASU 2016-15 on its consolidated financial statements.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In October 2016, the FASB issued Accounting Standards Update 2016-16, <i>Income Taxes (Topic 740):&#xA0;Intra-Entity Transfers of Assets Other Than Inventory</i>, (&#x201C;ASU 2016-16&#x201D;). The purpose of ASU 2016-16 is to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory.&#xA0;ASU 2016-16 is effective for fiscal years beginning after December&#xA0;15, 2017, including interim periods within that year.&#xA0;A modified retrospective transition method should be used in the application of the amendments within ASU 2016-16 with a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption.&#xA0;Early adoption is permitted. The Company is currently evaluating the impact of ASU 2016-16 on its consolidated financial statements.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In November 2016, the FASB issued Accounting Standards Update 2016-18, <i>Statement of Cash Flows (Topic 230):&#xA0;Restricted Cash &#x2014; a consensus of the FASB Emerging Issues Task Force</i>, (&#x201C;ASU 2016-18&#x201D;). The purpose of ASU 2016-18 is to provide guidance on the presentation of restricted cash or restricted cash equivalents in the statement of cash flows.&#xA0;Specifically, ASU 2016-18 requires companies to include amounts generally described as restricted cash and restricted cash equivalents in cash and cash equivalents when reconciling beginning-of-period and end-of-period total amounts shown on the statement of cash flows. ASU&#xA0;2016-18 is effective for fiscal years beginning after December&#xA0;15, 2017, including interim periods within that year.&#xA0;The amendments in ASU 2016-18 should be applied using a retrospective transition method to each period presented.&#xA0;Early adoption is permitted. The Company does not expect ASU 2016-18 to have an impact on its consolidated financial statements.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In January 2017, the FASB issued Accounting Standards Update 2017-01, <i>Business Combinations (Topic 805):&#xA0;Clarifying the Definition of a Business</i>, (&#x201C;ASU 2017-01&#x201D;). The purpose of ASU 2017-01 is to clarify the definition of a business to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. ASU 2017-01 is effective for fiscal years beginning after December&#xA0;15, 2017, including interim periods within that year. The amendments in ASU 2017-01 should be applied prospectively on or after the effective date. Early adoption is permitted. The Company does not expect ASU 2017-01 to have an impact on its consolidated financial statements.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">In January 2017, the FASB issued Accounting Standards Update 2017-04, <i>Intangibles &#x2014; Goodwill and Other (Topic 350):&#xA0;Simplifying the Test for Goodwill Impairment</i>, (&#x201C;ASU 2017-04&#x201D;). The purpose of ASU 2017-04 is to simplify the subsequent measurement of goodwill by removing the second step of the two-step impairment test. The amendment should be applied on a prospective basis. ASU 2017-04 is effective for fiscal years beginning after December&#xA0;15, 2019, including interim periods within that year. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January&#xA0;1, 2017.&#xA0;The Company is currently evaluating the impact of ASU 2017-04 on its consolidated financial statements.</font></p> </div>
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016 dei Document Type
DocumentType
10-K
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.19
CY2016 dei Entity Central Index Key
EntityCentralIndexKey
0001385280
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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451834000
CY2016 us-gaap Prior Period Reclassification Adjustment Description
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<div> <p style="margin-top:18px;margin-bottom:0px"><font style="font-family:Times New Roman" size="2"><i>Accounting Reclassifications</i></font></p> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The Company has reclassified $26,664 and $30,950 in expenses from film rentals and advertising costs to utilities and other costs on the consolidated statements of income for the years ended December&#xA0;31, 2014 and 2015, respectively, to be consistent with the presentation for the year ended December&#xA0;31, 2016. During the year ended December&#xA0;31, 2016, the Company determined that reclassifying the expenses, which are related to the maintenance and monitoring of projection and sound equipment, results in a more clear presentation of film rentals and advertising costs.</font></p> </div>
CY2016 us-gaap Revenue Recognition Loyalty Programs
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<div> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2"><i>Loyalty Programs</i> &#x2014; The Company launched its app-based Connections loyalty program for its domestic markets in February 2016.&#xA0;Customers earn points for initial sign-up and for various transactions as tracked within the app. Points may be redeemed for concessions items, concession discounts and experiential rewards, each of which are offered for limited periods of time and at varying times during the year.&#xA0;The Company has determined that the values of the rewards offered to the customer are insignificant to the original transactions required to earn such rewards and has applied the incremental cost approach to accounting for the rewards earned.&#xA0;The Company had approximately $0.8 million recorded in accrued other current liabilities for rewards earned and not yet redeemed as of December&#xA0;31, 2016.&#xA0;We also have loyalty programs in certain of our international markets, which generally consist of the customer paying a membership fee in exchange for discounts during the membership period.&#xA0;The costs of these loyalty programs are not considered significant to the Company&#x2019;s consolidated financial statements.</font></p> </div>
CY2016 dei Trading Symbol
TradingSymbol
CNK
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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115783000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
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115508000 shares
CY2016 dei Amendment Flag
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false
CY2016 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
542 shares
CY2016 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016 dei Document Period End Date
DocumentPeriodEndDate
2016-12-31
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.19
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016 us-gaap Revenue Recognition Deferred Revenue
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<div> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2"><i>Deferred Revenues</i> &#x2014; Advances collected on long-term screen advertising, concession and other contracts are recorded as deferred revenues. In accordance with the terms of the agreements, the advances collected on such contracts are recognized during the period in which the advances are earned, which may differ from the period in which the advances are collected. These advances are recognized on either a straight-line basis over the term of the contracts or as such revenues are earned in accordance with the terms of the contracts. The remaining amortization periods generally range from one to twenty years.</font></p> </div>
CY2016 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
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56808 shares
CY2016 us-gaap Use Of Estimates
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<div> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2"><i>Use of Estimates</i> &#x2014; The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the periods presented. The Company&#x2019;s consolidated financial statements include amounts that are based on management&#x2019;s best estimates and judgments. Actual results could differ from those estimates.</font></p> </div>
CY2016 dei Entity Registrant Name
EntityRegistrantName
Cinemark Holdings, Inc.
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
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2 Unit
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1000
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19343000
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326908000
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139525000
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
6455000
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
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-71000
CY2016 us-gaap Repayments Of Subordinated Debt
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200000000
CY2016 us-gaap Recognition Of Deferred Revenue
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16731000
CY2016 us-gaap Payments To Minority Shareholders
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450000
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
1180000
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
422935000
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255091000
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706000
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6398000
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283544000
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990103000
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281775000
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13394000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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923000
CY2016 us-gaap Repayments Of Long Term Debt
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CY2016 us-gaap Profit Loss
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256827000
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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6834000
CY2016 us-gaap Payments Of Debt Issuance Costs
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7217000
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125490000
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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26394000
CY2016 us-gaap Investment Income Interest
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6396000
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-15510000
CY2016 us-gaap Income Taxes Paid Net
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CY2016 us-gaap Gain Loss On Sale Of Investments
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1251000
CY2016 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
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-27000
CY2016 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
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255064000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
13000
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
44813000
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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234000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26717000
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-62289000
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
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253904000
CY2016 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
62815000
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
31962000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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360646000
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
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40625000
CY2016 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
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1856000
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CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2016 us-gaap Depreciation
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CY2016 us-gaap Depreciation Depletion And Amortization
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CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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1266000
CY2016 us-gaap Dividends Common Stock Cash
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CY2016 us-gaap Income Tax Expense Benefit
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103819000
CY2016 us-gaap Interest Expense
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CY2016 us-gaap Minority Interest Decrease From Redemptions
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450000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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138000
CY2016 us-gaap Proceeds From Issuance Of Other Long Term Debt
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CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
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3570000
CY2016 us-gaap Share Based Compensation
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CY2016 us-gaap Tangible Asset Impairment Charges
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2836000
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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924000
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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18190000
CY2016 us-gaap Asset Impairment Charges
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2836000
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154469000
CY2016 us-gaap Current Federal Tax Expense Benefit
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65303000
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
32047000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
109286000
CY2016 us-gaap Goodwill Other Increase Decrease
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1410000
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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126226000
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CY2016 us-gaap Labor And Related Expense
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CY2016 us-gaap Proceeds From Payments For Other Financing Activities
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CY2016 us-gaap Restricted Stock Award Forfeitures
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CY2016 us-gaap Finitelived Intangible Assets Acquired1
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CY2016 us-gaap Income Tax Reconciliation Other Adjustments
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CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2016 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
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CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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0
CY2016 us-gaap Other Cost And Expense Operating
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CY2016 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
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2634000
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0
CY2016 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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5492000
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1980000
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-27304000
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1769000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
11936000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1674000
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
21916000
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
444000
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
7607000
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-942000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
11999000
CY2016 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
921000
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-30516000
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IncreaseDecreaseInAccruedIncomeTaxesPayable
-2261000
CY2016 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
0
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
242927000
CY2016 cnk Medical Cap Per Claim
MedicalCapPerClaim
150000
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AmortizationMethodForGoodwill
Indefinite-lived
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1595000
CY2016 cnk Foreign Currency Translation Adjustments And Other Finite Lived Intangible Assets Accumulated Amortization
ForeignCurrencyTranslationAdjustmentsAndOtherFiniteLivedIntangibleAssetsAccumulatedAmortization
638000
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PercentageLeaseTermExceedsEstimatedUsefulLifeOfLeasedProperty
0.75 pure
CY2016 cnk Payment Per Digital Screen
PaymentPerDigitalScreen
1241000
CY2016 cnk Distributions From Company One
DistributionsFromCompanyOne
14656000
CY2016 cnk Foreign Currency Translation Adjustments And Other Intangible Assets Net Excluding Goodwill
ForeignCurrencyTranslationAdjustmentsAndOtherIntangibleAssetsNetExcludingGoodwill
290000
CY2016 cnk Write Off Debt Issue Costs And Related Items Due To Early Retirement Of Debt
WriteOffDebtIssueCostsAndRelatedItemsDueToEarlyRetirementOfDebt
2369000
CY2016 cnk Film Rentals And Advertising
FilmRentalsAndAdvertising
962655000
CY2016 cnk Impact Of Foreign Currency Translation And Other On Net Carrying Amount Finite Lived Intangible Assets
ImpactOfForeignCurrencyTranslationAndOtherOnNetCarryingAmountFiniteLivedIntangibleAssets
-37000
CY2016 cnk Cost Of On Screen Time Provided To Companys Beverage Concessionaire
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10523000
CY2016 cnk Revised Quarterly Dividend
RevisedQuarterlyDividend
0.27
CY2016 cnk Multiple Consolidated Interest Expense Under Subcondition Two Of Condition Two Under Dividend Restriction
MultipleConsolidatedInterestExpenseUnderSubconditionTwoOfConditionTwoUnderDividendRestriction
1.75 pure
CY2016 cnk Revenue Recognized On Unredeemed Gift Cards And Other Advance Sale Tickets
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11522000
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3350000
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AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
706103000
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PercentageOfEstimatedFairValueOfFutureMinimumLeasePaymentsExceedsLeasedPropertyValue
0.90 pure
CY2016 cnk Effective Date Of Change In Amount Of Quarterly Dividend
EffectiveDateOfChangeInAmountOfQuarterlyDividend
2016-02-24
CY2016 cnk Income Tax Reconciliation Foreign Inflation Adjustments
IncomeTaxReconciliationForeignInflationAdjustments
-281000
CY2016 cnk General Liability Cap Per Claim
GeneralLiabilityCapPerClaim
100000
CY2016 cnk Value Of Properties Acquired Under Capital Lease
ValueOfPropertiesAcquiredUnderCapitalLease
33282000
CY2016 cnk Change In Accounts Payable For Acquisition Of Theatre Properties
ChangeInAccountsPayableForAcquisitionOfTheatreProperties
-29471000
CY2016 cnk Facility Lease Expense
FacilityLeaseExpense
321294000
CY2016 cnk Amortization Method For Tradename Intangible Asset
AmortizationMethodForTradenameIntangibleAsset
Indefinite-lived
CY2016 cnk Foreign Currency Translation Adjustments And Other Indefinite Lived Intangible Assets
ForeignCurrencyTranslationAdjustmentsAndOtherIndefiniteLivedIntangibleAssets
327000
CY2016 cnk Approximate Available Remaining Lease Period For Fee Owned Properties
ApproximateAvailableRemainingLeasePeriodForFeeOwnedProperties
P20Y
CY2016 cnk Deferred Lease Expenses Adjustments To Reconcile Net Income To Cash Provided By Used For Operating Activities
DeferredLeaseExpensesAdjustmentsToReconcileNetIncomeToCashProvidedByUsedForOperatingActivities
-990000
CY2016 cnk Gain Loss On Sale Of Assets And Other
GainLossOnSaleOfAssetsAndOther
-20459000
CY2016 cnk Cost Of Shares Withheld By Company To Cover Tax Withholdings Related To Restricted Stock Vesting
CostOfSharesWithheldByCompanyToCoverTaxWithholdingsRelatedToRestrictedStockVesting
6834000
CY2016 cnk Unrecognized Tax Benefits Foreign Currency Translation Adjustments
UnrecognizedTaxBenefitsForeignCurrencyTranslationAdjustments
258000
CY2016 cnk Income Tax Reconciliation Foreign Dividends
IncomeTaxReconciliationForeignDividends
68684000
CY2016 cnk Payments To Joint Venture Investment
PaymentsToJointVentureInvestment
1132000
CY2016 cnk Increase Decrease In Liability For Uncertain Tax Positions
IncreaseDecreaseInLiabilityForUncertainTaxPositions
1182000
CY2016 cnk Restricted Stock Withholdings
RestrictedStockWithholdings
206690 shares
CY2016 cnk Value Of Common Units Received From Company One
ValueOfCommonUnitsReceivedFromCompanyOne
11111000
CY2016 cnk Amortization Of Long Term Prepaid Rents
AmortizationOfLongTermPrepaidRents
1826000
CY2016 cnk Dividends Accrued On Unvested Restricted Stock Unit Awards
DividendsAccruedOnUnvestedRestrictedStockUnitAwards
554000
CY2016 cnk Other Comprehensive Income Loss Equity Method Investments
OtherComprehensiveIncomeLossEquityMethodInvestments
89000
CY2016 cnk Common Stock Repurchased Value As Result Of Restricted Stock Forfeitures And Canceled
CommonStockRepurchasedValueAsResultOfRestrictedStockForfeituresAndCanceled
0.001
CY2016 cnk Dividends Accrued On Unvested Restricted Stock Units
DividendsAccruedOnUnvestedRestrictedStockUnits
554000
CY2016 cnk Foreign Currency Translation Adjustments And Other Finite Lived Intangible Assets Gross Carrying Amount
ForeignCurrencyTranslationAdjustmentsAndOtherFiniteLivedIntangibleAssetsGrossCarryingAmount
-675000
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EarningsPerShareBasic
0.37
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SalesRevenueNet
645398000
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
90438000
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42521000
cnk Number Of Vested Options To Purchase Common Stock Of Company Three
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1222780 shares
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2015Q1 us-gaap Profit Loss
ProfitLoss
42902000
CY2016 cnk Accumulated Amortization Additions
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0
CY2016 cnk Increase Decrease In Prepaid Expenses And Other
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2267000
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-1619000
CY2016 cnk Loss On Debt Amendments And Refinancing
LossOnDebtAmendmentsAndRefinancing
13445000
CY2016 cnk Number Of Shares Vesting At Target Irr
NumberOfSharesVestingAtTargetIrr
169107 shares
CY2016 cnk Number Of Shares Vesting At Threshold Irr
NumberOfSharesVestingAtThresholdIrr
84554 shares
CY2016 cnk Number Of Shares Vesting At Maximum Irr
NumberOfSharesVestingAtMaximumIrr
253661 shares
CY2016 cnk Value Of Shares Vesting At Target Irr
ValueOfSharesVestingAtTargetIrr
5044000
CY2016 cnk Value Of Shares Vesting At Threshold Irr
ValueOfSharesVestingAtThresholdIrr
2522000
CY2016 cnk Value Of Shares Vesting At Maximum Irr
ValueOfSharesVestingAtMaximumIrr
7568000
CY2016 cnk Income Tax Rate Reconciliation Foreign Losses Not Benefited And Change In Deferred Tax Assets Valuation Allowance
IncomeTaxRateReconciliationForeignLossesNotBenefitedAndChangeInDeferredTaxAssetsValuationAllowance
-34757000
CY2016 cnk Payments To Acquire Screen Advertising Businesses
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1450000
CY2015Q2 us-gaap Earnings Per Share Diluted
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0.61
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0.61
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0.46
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65655000
CY2016Q3 us-gaap Profit Loss
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66126000
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0.50
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99094000
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57751000
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58235000
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0.66
CY2016Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2017-03-20
CY2016Q4 us-gaap Common Stock Dividends Per Share Declared
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0.29
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0.66
CY2016Q4 us-gaap Dividends Payable Date Of Record Day Month And Year
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2017-03-08
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SalesRevenueNet
700918000
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OperatingIncomeLoss
84756000
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53906000
CY2016Q2 us-gaap Profit Loss
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54368000
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EarningsPerShareDiluted
0.40
CY2015Q3 us-gaap Earnings Per Share Basic
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0.40
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700056000
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OperatingIncomeLoss
99127000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
46339000
CY2015Q3 us-gaap Profit Loss
ProfitLoss
46701000
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
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0.56
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SalesRevenueNet
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OperatingIncomeLoss
117790000
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NetIncomeLoss
77005000
CY2016Q4 us-gaap Profit Loss
ProfitLoss
77287000

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