0001377630-19-000079.txt : 20190507 0001377630-19-000079.hdr.sgml : 20190507 20190506181643 ACCESSION NUMBER: 0001377630-19-000079 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20190328 FILED AS OF DATE: 20190507 DATE AS OF CHANGE: 20190506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: National CineMedia, Inc. CENTRAL INDEX KEY: 0001377630 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 205665602 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-33296 FILM NUMBER: 19800705 BUSINESS ADDRESS: STREET 1: 6300 S. SYRACUSE WAY STREET 2: SUITE 300 CITY: CENTENNIAL STATE: CO ZIP: 80111 BUSINESS PHONE: (303) 792-3600 MAIL ADDRESS: STREET 1: 6300 S. SYRACUSE WAY STREET 2: SUITE 300 CITY: CENTENNIAL STATE: CO ZIP: 80111 10-Q 1 q12019ncminc10q.htm 10-Q Document



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________________ 
FORM 10-Q 
____________________________________________
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 28, 2019
Commission file number: 001-33296 
_____________________________________________
ncma08.jpg
NATIONAL CINEMEDIA, INC.
(Exact name of registrant as specified in its charter) 
______________________________________________
Delaware
 
20-5665602
(State or Other Jurisdiction of
Incorporation or Organization)
 
(I.R.S. Employer
Identification No.)
6300 S. Syracuse Way, Suite 300
Centennial, Colorado
 
80111
(Address of Principal Executive Offices)
 
(Zip Code)
Registrant’s telephone number, including area code: (303) 792-3600 
______________________________________________
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes  x No  ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.  See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☐
 
Accelerated filer
x
 
 
 
 
 
Non-accelerated filer
☐
 
Smaller reporting company
☐
 
 
 
 
 
 
 
 
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ☐    No  x
Securities registered pursuant to Section 12(b) of the Act:
 
 
 
Common Stock, par value $0.01 per share
NCMI
The Nasdaq Stock Market LLC
(Title of each class)
(Trading symbol)
(Name of each exchange on which registered)




As of May 1, 2019, 78,967,806 shares of the registrant’s common stock (including unvested restricted shares), par value of $0.01 per share, were outstanding.


TABLE OF CONTENTS
 
 
Page
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions, except share and per share data)
(UNAUDITED)

PART I
Item 1. Financial Statements
 
March 28, 2019
 
December 27, 2018
ASSETS
 
 
 
CURRENT ASSETS:
 
 
 
Cash and cash equivalents
$
64.0

 
$
41.4

Short-term marketable securities
8.3

 
24.0

Receivables, net of allowance of $5.8 and $6.0, respectively
105.6

 
149.9

Income tax receivable
0.1

 
0.3

Amounts due from founding members, net
0.3

 
5.8

Current portion of notes receivable - founding members (including receivables from related parties
   of $2.8 and $4.2, respectively)
4.2

 
5.6

Prepaid expenses and other current assets
4.7

 
3.9

Total current assets
187.2

 
230.9

NON-CURRENT ASSETS:
 
 
 
Property and equipment, net of accumulated depreciation of $64.7 and $62.5, respectively
32.2

 
33.6

Intangible assets, net of accumulated amortization of $179.6 and $172.7, respectively
682.7

 
684.5

Deferred tax assets, net of valuation allowance of $75.1 and $80.1, respectively
174.6

 
173.9

Other investments
3.2

 
3.0

Long-term marketable securities
10.1

 
10.2

Debt issuance costs, net
4.7

 
5.0

Other assets
23.2

 
0.7

Total non-current assets
930.7

 
910.9

TOTAL ASSETS
$
1,117.9

 
$
1,141.8

LIABILITIES AND EQUITY/(DEFICIT)
 
 
 
CURRENT LIABILITIES:
 
 
 
Amounts due to founding members, net
$
8.6

 
$
30.0

Payable to founding members under tax receivable agreement (including payables to related
   parties of $10.9 and $11.2, respectively)
15.3

 
15.5

Accrued expenses
20.9

 
21.7

Accrued payroll and related expenses
6.5

 
15.3

Accounts payable
13.3

 
18.0

Deferred revenue
6.9

 
7.3

Short-term debt
2.7

 
2.7

Other current liabilities
1.3

 
—

Total current liabilities
75.5

 
110.5

NON-CURRENT LIABILITIES:
 
 
 
Long-term debt, net of debt issuance costs of $7.3 and $7.8, respectively
925.7

 
920.9

Payable to founding members under tax receivable agreement (including payables to related
   parties of $143.5 and $141.1, respectively)
197.1

 
195.6

Other liabilities
24.3

 
4.0

Total non-current liabilities
1,147.1

 
1,120.5

Total liabilities
1,222.6

 
1,231.0

COMMITMENTS AND CONTINGENCIES (NOTE 8)

 

EQUITY/(DEFICIT):
 
 
 
NCM, Inc. Stockholders’ Equity/(Deficit):
 
 
 
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding,
   respectively
—

 
—

Common stock, $0.01 par value; 175,000,000 shares authorized, 77,318,971 and 76,976,398 issued
   and outstanding, respectively
0.8

 
0.8

Additional paid in capital/(deficit)
(213.6
)
 
(215.2
)
Retained earnings (distributions in excess of earnings)
(168.0
)
 
(153.6
)
Total NCM, Inc. stockholders’ equity/(deficit)
(380.8
)
 
(368.0
)
Noncontrolling interests
276.1

 
278.8

Total equity/(deficit)
(104.7
)
 
(89.2
)
TOTAL LIABILITIES AND EQUITY/(DEFICIT)
$
1,117.9

 
$
1,141.8

See accompanying notes to the unaudited Condensed Consolidated Financial Statements.

1
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(In millions, except share and per share data)
(UNAUDITED)


 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
REVENUE (including revenue from related parties of $5.3 and $8.0, respectively)
$
76.9

 
$
80.2

OPERATING EXPENSES:
 
 
 
Advertising operating costs
7.3

 
7.0

Network costs
3.5

 
3.5

Theater access fees—founding members (including fees to related parties of $12.9 and
   $20.6, respectively)
19.1

 
20.6

Selling and marketing costs
15.2

 
16.0

Administrative and other costs
10.7

 
12.6

Depreciation expense
3.3

 
2.8

Amortization expense
—

 
6.7

Amortization of intangibles recorded for network theater screen leases
6.9

 
—

Total
66.0

 
69.2

OPERATING INCOME
10.9

 
11.0

NON-OPERATING EXPENSES:
 
 
 
Interest on borrowings
14.4

 
13.8

Interest income
(0.5
)
 
(0.2
)
Gain on early retirement of debt, net
(0.3
)
 
—

Loss (gain) on re-measurement of the payable to founding members under the tax
   receivable agreement
0.7

 
(0.1
)
Other non-operating income
(0.2
)
 
—

Total
14.1

 
13.5

LOSS BEFORE INCOME TAXES
(3.2
)
 
(2.5
)
Income tax (benefit) expense
(0.6
)
 
1.0

CONSOLIDATED NET LOSS
(2.6
)
 
(3.5
)
Less: Net loss attributable to noncontrolling interests
(1.5
)
 
(1.6
)
NET LOSS ATTRIBUTABLE TO NCM, INC.
$
(1.1
)
 
$
(1.9
)
COMPREHENSIVE LOSS ATTRIBUTABLE TO NCM, INC.
$
(1.1
)
 
$
(1.9
)
 
 
 
 
NET LOSS PER NCM, INC. COMMON SHARE:
 
 
 
Basic
$
(0.01
)
 
$
(0.03
)
Diluted
$
(0.01
)
 
$
(0.03
)
WEIGHTED AVERAGE SHARES OUTSTANDING:
 
 
 
Basic
77,179,777

 
76,640,414

Diluted
77,179,777

 
76,640,414

See accompanying notes to the unaudited Condensed Consolidated Financial Statements.

2
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions) (UNAUDITED)


 
Three Months Ended
 
March 28, 2019
 
March 29, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
Consolidated net loss
$
(2.6
)
 
$
(3.5
)
Adjustments to reconcile consolidated net loss to net cash provided by operating activities:
 
 
 
Deferred income tax expense
(0.7
)
 
0.7

Depreciation expense
3.3

 
2.8

Amortization expense
—

 
6.7

Amortization of intangibles recorded for network theater screen leases
6.9

 
—

Non-cash share-based compensation
0.8

 
2.8

Impairment on investment
—

 
0.4

Amortization of debt issuance costs
0.6

 
0.7

Gain on early retirement of debt, net
(0.3
)
 
—

Non-cash loss (gain) on re-measurement of the payable to founding members under
   the tax receivable agreement
0.7

 
(0.1
)
Other
(0.9
)
 
—

Founding member integration and other encumbered theater payments (including
   payments from related parties of $0.4 in 2019)
8.1

 
—

Changes in operating assets and liabilities:
 
 
 
Receivables, net
44.3

 
45.5

Accounts payable and accrued expenses
(11.5
)
 
(5.8
)
Amounts due to/from founding members, net
0.3

 
0.1

Deferred revenue
(0.5
)
 
(1.0
)
Other, net
(2.5
)
 
0.2

Net cash provided by operating activities
46.0

 
49.5

CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
Purchases of property and equipment
(2.9
)
 
(3.5
)
Purchases of marketable securities
(2.9
)
 
(7.9
)
Proceeds from sale and maturities of marketable securities
19.4

 
2.0

Proceeds from notes receivable - founding members
1.4

 
—

Net cash provided by (used in) investing activities
15.0

 
(9.4
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
Payment of dividends
(14.0
)
 
(15.0
)
Proceeds from revolving credit facility
62.0

 
58.0

Repayments of revolving credit facility
(52.0
)
 
(37.0
)
Repayments of Notes due 2026
(4.6
)
 
—

Repayment of term loan facility
(0.7
)
 
—

Founding member integration and other encumbered theater payments (including
   payments from related parties of $9.4 in 2018)
—

 
9.4

Distributions to founding members
(27.9
)
 
(37.6
)
Repurchase of stock for restricted stock tax withholding
(1.2
)
 
(2.1
)
Net cash used in financing activities
(38.4
)
 
(24.3
)
CHANGE IN CASH AND CASH EQUIVALENTS:
22.6

 
15.8

Cash and cash equivalents at beginning of period
41.4

 
30.2

Cash and cash equivalents at end of period
$
64.0

 
$
46.0

See accompanying notes to the unaudited Condensed Consolidated Financial Statements.


3
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
(In millions)
(UNAUDITED)

 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
Supplemental disclosure of non-cash financing and investing activity:
 
 
 
Purchase of an intangible asset with NCM LLC equity
$
7.6

 
$
15.9

Accrued distributions to founding members
$
6.1

 
$
8.4

Accrued integration and other encumbered theater payments due from founding members (including
   accrued payments due from related parties of $0.1 and $1.9, respectively)
$
2.2

 
$
1.9

Increase in dividend equivalent accrual not requiring cash in the period
$
0.1

 
$
0.2

Supplemental disclosure of cash flow information:
 
 
 
Cash paid for interest
$
10.9

 
$
11.6

Cash paid for income taxes, net of refunds
$
—

 
$
0.1

See accompanying notes to the unaudited Condensed Consolidated Financial Statements.

4
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT)
(In millions, except share and per share data)
(UNAUDITED)


 
 
 
NCM, Inc.
 
 
 
 
 
 
 
 
 
Additional
Paid in Capital (Deficit)
 
Retained
Earnings
(Distribution in Excess of Earnings)
 
Noncontrolling Interest
 
 
 
Common Stock
 
 
 
 
Consolidated
 
Shares
 
Amount
 
 
 
Balance-December 28, 2017
$
(74.8
)
 
76,242,222

 
$
0.8

 
$
(233.1
)
 
$
(130.2
)
 
$
287.7

Cumulative-effect adjustment for adoption of ASU 2014-09
(0.2
)
 
—

 
—

 
—

 
(0.2
)
 
$
—

Distributions to founding members
(8.4
)
 
—

 
—

 
—

 
—

 
(8.4
)
NCM LLC equity issued for purchase of intangible asset
15.9

 
—

 
—

 
7.7

 
—

 
8.2

Income tax and other impacts of NCM LLC ownership changes
(0.8
)
 
—

 
—

 
(3.7
)
 
—

 
2.9

Comprehensive loss, net of tax
(3.5
)
 
—

 
—

 
—

 
(1.9
)
 
(1.6
)
Share-based compensation issued
(2.1
)
 
661,933

 
—

 
(2.1
)
 
—

 
—

Share-based compensation expense/capitalized
2.8

 
—

 
—

 
1.9

 
—

 
0.9

Cash dividends declared $0.17 per share
(13.3
)
 
—

 
—

 
—

 
(13.3
)
 
—

Balance-March 29, 2018
$
(84.4
)
 
76,904,155

 
$
0.8

 
$
(229.3
)
 
$
(145.6
)
 
$
289.7

 
 
 
 
 
 
 
 
 
 
 
 
Balance December 27, 2018
$
(89.2
)
 
76,976,398

 
$
0.8

 
(215.2
)
 
$
(153.6
)
 
$
278.8

Distributions to founding members
(6.1
)
 
—

 
—

 
—

 
—

 
(6.1
)
NCM LLC equity issued for purchase of intangible asset
7.6

 
—

 
—

 
3.7

 
—

 
3.9

Income tax and other impacts of NCM LLC ownership changes
(0.7
)
 
—

 
—

 
(1.4
)
 
—

 
0.7

Comprehensive loss, net of tax
(2.6
)
 
—

 
—

 
—

 
(1.1
)
 
(1.5
)
Share-based compensation issued
(1.2
)
 
342,573

 
—

 
(1.2
)
 
—

 
—

Share-based compensation expense/capitalized
0.8

 
—

 
—

 
0.5

 
—

 
0.3

Cash dividends declared $0.17 per share
(13.3
)
 
—

 
—

 
—

 
(13.3
)
 
—

Balance-March 28, 2019
$
(104.7
)
 
77,318,971

 
$
0.8

 
$
(213.6
)
 
$
(168.0
)
 
$
276.1

See accompanying notes to the unaudited Condensed Consolidated Financial Statements.

5
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)


1.  THE COMPANY
Description of Business
National CineMedia, Inc. (“NCM, Inc.”) was incorporated in Delaware as a holding company with the sole purpose of becoming a member and sole manager of National CineMedia, LLC (“NCM LLC”), a limited liability company owned by NCM, Inc., Regal Cinemas, Inc. and Regal CineMedia Holdings, LLC, wholly owned subsidiaries of Cineworld Group plc and Regal Entertainment Group (“Regal”), Cinemark Media, Inc. and Cinemark USA, Inc., wholly owned subsidiaries of Cinemark Holdings, Inc. (“Cinemark”) and American Multi-Cinema, Inc. and AMC ShowPlace Theatres, Inc., wholly owned subsidiaries of AMC Entertainment, Inc. (“AMC”).  The terms “NCM”, “the Company” or “we” shall, unless the context otherwise requires, be deemed to include the consolidated entity. AMC, Regal, Cinemark and their affiliates are referred to in this document as “founding members”. 
 NCM LLC operates the largest cinema advertising network reaching movie audiences in North America, allowing NCM LLC to sell advertising under long-term exhibitor services agreements (“ESAs”) with the founding members (approximately 18 years remaining as of March 28, 2019) and certain third-party theater circuits, referred to in this document as “network affiliates” under long-term network affiliate agreements, which have terms from one to twenty years.
As of March 28, 2019, NCM LLC had 159,024,458 common membership units outstanding, of which 77,318,971 (48.6%) were owned by NCM, Inc., 41,770,669 (26.3%) were owned by Regal, 39,737,700 (25.0%) were owned by Cinemark and 197,118 (0.1%) were owned by AMC. The membership units held by the founding members are exchangeable into NCM, Inc. common stock on a one-for-one basis.
Basis of Presentation
The Company has prepared the unaudited Condensed Consolidated Financial Statements and related notes of NCM, Inc. in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain reclassifications have been made to the prior year's financial statements to conform to the current presentation (refer to the Condensed Consolidated Statements of Income and Condensed Consolidated Statement of Cash Flows, whereby the Company presented depreciation expense and amortization expense as two separate lines). Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report.  The balance sheet as of December 27, 2018 is derived from the audited financial statements of NCM, Inc.  Therefore, the unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s annual report on Form 10-K filed for the fiscal year ended December 27, 2018.
In the opinion of management, all adjustments necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made.  The Company’s business is seasonal and for this and other reasons operating results for interim periods may not be indicative of the Company’s full year results or future performance. As a result of the various related party agreements discussed in Note 5—Related Party Transactions, the operating results as presented are not necessarily indicative of the results that might have occurred if all agreements were with non-related third parties.  The Company manages its business under one reportable segment of advertising.
Estimates—The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include those related to the reserve for uncollectible accounts receivable, share-based compensation and income taxes. Actual results could differ from those estimates.
Significant Accounting Policies
The Company’s annual financial statements included in its Form 10-K filed for the fiscal year ended December 27, 2018 contain a complete discussion of the Company’s significant accounting policies. Following is additional information related to the Company’s accounting policies.
Revenue Recognition—The Company derives revenue principally from the advertising business, which includes on-screen and lobby network (LEN) advertising and lobby promotions and advertising on websites and mobile applications owned by NCM LLC and other companies. Revenue is recognized over time as the customer receives the benefits provided by NCM

6
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

LLC’s advertising services and the Company has the right to payment for performance to date. The Company considers the terms of each arrangement to determine the appropriate accounting treatment.
Concentration of Credit Risk and Significant Customers—Bad debts are provided for using the allowance for doubtful accounts method based on historical experience and management’s evaluation of outstanding receivables at the end of the period. Receivables are written off when management determines amounts are uncollectible. Trade accounts receivable are uncollateralized and represent a large number of geographically dispersed debtors. The collectability risk with respect to national and regional advertising is reduced by transacting with founding members or large, national advertising agencies that have strong reputations in the advertising industry and clients with stable financial positions. The Company has smaller contracts with thousands of local clients that are not individually significant. As of March 28, 2019 and December 27, 2018, there were no advertising agency groups or individual customers through which the Company sources national advertising revenue representing more than 10% of the Company’s outstanding gross receivable balance.  During the three months ended March 28, 2019 and March 29, 2018, the Company had no customers that accounted for more than 10% of revenue.
Share-Based Compensation—The Company has issued stock options and restricted stock to certain employees and restricted stock units to its independent directors. The Company has not granted stock options since 2012.  In 2018 and 2019, the restricted stock grants for Company management vest upon the achievement of Company performance measures and/or service conditions, while non-management grants vest only upon the achievement of service conditions.  Compensation expense of restricted stock that vests upon the achievement of Company performance measures is based on management’s financial projections and the probability of achieving the projections, which require considerable judgment. A cumulative adjustment is recorded to share-based compensation expense in periods that management changes its estimate of the number of shares of restricted stock expected to vest. Ultimately, the Company adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. Dividends are accrued when declared on unvested restricted stock that is expected to vest and are only paid with respect to shares that actually vest.  During the three months ended March 28, 2019 and March 29, 2018, 511,996 and 956,239 shares of restricted stock and restricted stock units vested, respectively.
Consolidation—NCM, Inc. consolidates the accounts of NCM LLC under the provisions of ASC 810, Consolidation (“ASC 810”).  The following table presents the changes in NCM, Inc.’s equity resulting from net loss attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
Net loss attributable to NCM, Inc.
$
(1.1
)
 
$
(1.9
)
NCM LLC equity issued for purchase of intangible asset
3.7

 
7.7

Income tax and other impacts of subsidiary ownership changes
(1.4
)
 
(3.7
)
Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests
$
1.2

 
$
2.1

 
Recently Adopted Accounting Pronouncements
During the first quarter of 2019, the Company adopted Accounting Standards Update 2016-2 and subsequent amendments, Leases (Topic 842) (together “ASC 842”) utilizing the Comparatives Under 840 option where only the current period financial statements and related disclosures are presented in accordance with the new standard. As of the adoption date of December 28, 2018 the Company recognized the following on the unaudited Condensed Consolidated Balance Sheets: a right-of-use (“ROU”) asset of $21.7 million within 'Other assets', a short-term lease liability of $1.4 million within 'Other current liabilities', a long-term lease liability of $24.5 million within 'Other liabilities' and reversed the related deferred rent liability balance of $4.2 million for all leases with terms longer than twelve months related to its building operating leases. The Company elected to utilize the following practical expedients: (i) not being required to separate lease and non-lease components when accounting for the lease for all asset classes; and (ii) not accounting for short-term leases under the new standard. The Company also determined that the ESA and affiliate agreements are considered leases under ASC 842. However, the identification of the asset and determination of the period of control is dependent upon the scheduling of the showtimes by the exhibitors. As the schedules are typically not determined until one week in advance of the showtime, on average, the leases are considered short term in nature, specifically less than one month. As such, no ROU assets or lease liabilities were recognized for these agreements. The issuance of NCM LLC membership units to the founding members in accordance with NCM LLC’s Common Unit Adjustment Agreement and upfront cash payments to affiliates for the contractual rights to provide services

7
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

within their theaters will continue to be classified as intangible assets. However, the amortization of these intangible assets is now considered lease expense and has been reclassified within the current period from 'Depreciation and amortization expense' to 'Amortization of intangibles recorded for network theater screen leases' on the unaudited Condensed Consolidated Statement of Income. Additionally, these upfront cash payments to affiliates and receipt of integration payments from the founding members, as defined within Note 4 - Intangible Assets, will be considered cash flows from operating activities on the unaudited Condensed Consolidated Statement of Cash Flows when incurred as they are related to operating leases and will be reclassified from cash flows from investing and financing activities, respectively. The Company has also incorporated additional disclosures in Note 8 - Commitments and Contingencies to comply with ASC 842.
During the first quarter of 2019, the Company adopted Accounting Standards Update 2018-7, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting (“ASU 2018-7”), which amends Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. The adoption of ASU 2018-7 had no impact on the unaudited Condensed Consolidated Financial statements or notes thereto.
During the first quarter of 2019, the Company adopted a final rule issued by the SEC in March 2019 simplifying certain Regulation S-K requirements. The rule eliminated the following requirements in certain circumstances: (1) to disclose discussion of the earliest year of three years of audited financial statements presented within Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations section of the Form 10-K, (2) to request permission from the SEC to redact confidential information from exhibits in the event the information is not material to the agreement and would cause competitive harm, (3) to disclose immaterial physical property and (4) to disclose schedules and attachments to exhibits which do not contain material information. The rule also adds the requirement to disclose the registrant's trading symbol on the cover page of certain SEC forms. The applicable amended disclosure requirements have been incorporated within this Quarterly Report on Form 10-Q.
Recently Issued Accounting Pronouncements
In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Statements (“ASU 2016-13”), which requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted and is to be adopted on a modified retrospective basis. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.
In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which modifies the disclosure requirements on fair value measurements. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with partial early adoption permitted for eliminated disclosures. The method of adoption varies by the disclosure. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.
The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its unaudited Condensed Consolidated Financial Statements or notes thereto.
2.  REVENUE FROM CONTRACTS WITH CUSTOMERS
Revenue Recognition
The Company derives revenue principally from the sale of advertising to national, regional and local businesses in Noovie, the Company’s cinema advertising and entertainment pre-show. The Company also sells advertising through the LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies. In addition, the Company sells online and mobile advertising through Cinema Accelerator and other digital gaming products such as Noovie ARcade, Fantasy Movie League and Shuffle. The Company also has a long-term agreement to exhibit the advertising of the founding members’ beverage suppliers.
The Company makes contractual guarantees to deliver a specified number of impressions to view the customers’ advertising. If the contracted number of impressions are not delivered, the Company will run additional advertising to deliver the contracted impressions at a later date.  The deferred portion of the revenue associated with undelivered impressions is referred to as a make-good provision. The Company defers the revenue associated with the make-good until the advertising airs

8
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

to the theater attendance specified in the advertising contract. The make-good provision is recorded within accrued expenses in the Condensed Consolidated Balance Sheet. As of March 28, 2019 and December 27, 2018, the Company had a make-good provision of $4.7 million and $8.0 million, respectively.
The Company has certain contracts with two-year terms that are noncancelable following a specified date within the contract period.  The estimated revenue expected to be recognized in the future related to these contracted performance obligations that are unsatisfied (or partially unsatisfied) as of March 28, 2019, was $53.3 million, which is expected to be recognized in 2019.  Agreements with a duration less than one year are not included within this disclosure as the Company elected to use the practical expedient in ASC 606-10-50-14 for those contracts.  In addition, other of the Company’s contracts longer than one year that are cancelable are not included within this disclosure.
Disaggregation of Revenue
The Company disaggregates revenue based upon the type of customer: national; local and regional; and beverage concessionaire. This method of disaggregation is in alignment with how revenue is reviewed by management and discussed with and historically disclosed to investors.
The following table summarizes revenue from contracts with customers for the three months ended March 28, 2019 and March 29, 2018:
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
National advertising revenue
$
54.0

 
$
54.8

Local advertising revenue
12.8

 
13.5

Regional advertising revenue
3.4

 
3.9

Founding member advertising revenue from beverage concessionaire agreements
6.7

 
8.0

Total revenue
$
76.9

 
$
80.2

Deferred Revenue and Unbilled Accounts Receivable
The changes in deferred revenue for the three months ended March 28, 2019 were as follows (in millions):
 
Three Months Ended
 
March 28,
2019
Balance at beginning of period
$
(7.3
)
Performance obligations satisfied
7.3

New contract liabilities
(6.9
)
Balance at end of period
$
(6.9
)
As of March 28, 2019 and December 27, 2018, the Company had $7.4 million and $6.0 million in unbilled accounts receivable, respectively.   
3.  LOSS PER SHARE
Basic loss per share is computed on the basis of the weighted average number of common shares outstanding.  Diluted earnings per share is computed on the basis of the weighted average number of common shares outstanding plus the effect of potentially dilutive common stock options, restricted stock and restricted stock units using the treasury stock method.  The components of basic and diluted income per NCM, Inc. share are as follows:

9
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
Net loss attributable to NCM, Inc. (in millions)
$
(1.1
)
 
$
(1.9
)
Weighted average shares outstanding:
 
 
 
Basic
77,179,777

 
76,640,414

Add: Dilutive effect of stock options and restricted stock
—

 
—

Diluted
77,179,777

 
76,640,414

Loss per NCM, Inc. share:
 
 
 
Basic
$
(0.01
)
 
$
(0.03
)
Diluted
$
(0.01
)
 
$
(0.03
)
The effect of 80,821,540 and 78,273,221 weighted average exchangeable NCM LLC common units held by the founding members for the three months ended March 28, 2019 and March 29, 2018, respectively, have been excluded from the calculation of diluted weighted average shares and loss per NCM, Inc. share as they were anti-dilutive.  NCM LLC common units do not participate in dividends paid on NCM, Inc.’s common stock.  In addition, there were 3,718,641 and 4,352,728, stock options and non-vested (restricted) shares for the three months ended March 28, 2019 and March 29, 2018, respectively, excluded from the calculation as they were anti-dilutive.  The Company’s non-vested (restricted) shares do not meet the definition of a participating security as the dividends will not be paid if the shares do not vest.
4.  INTANGIBLE ASSETS
Intangible assets consist of contractual rights to provide the Company’s services within the theaters of the founding members and network affiliates and are stated at cost, net of accumulated amortization.  The Company’s intangible assets with its founding members are recorded at fair market value of NCM, Inc.’s publicly traded stock as of the date on which the common membership units were issued.  The NCM LLC common membership units are fully convertible into NCM, Inc.’s common stock. In addition, the Company records intangible assets for up-front fees paid to network affiliates upon commencement of a network affiliate agreement. The Company’s intangible assets have a finite useful life and the Company amortizes the assets over the remaining useful life corresponding with the ESAs or the term of the network affiliate agreement.  
Common Unit Adjustments—In accordance with NCM LLC’s Common Unit Adjustment Agreement with its founding members, on an annual basis NCM LLC determines the amount of common membership units to be issued to or returned by the founding members based on theater additions or dispositions during the previous year.  In addition, NCM LLC’s Common Unit Adjustment Agreement requires that a Common Unit Adjustment occur for a specific founding member if its acquisition or disposition of theaters, in a single transaction or cumulatively since the most recent Common Unit Adjustment, results in an attendance increase or decrease in excess of two percent of the annual total attendance at the prior adjustment date.  
During the first quarter of 2019, NCM LLC issued 1,044,665 common membership units to its founding members for the rights to exclusive access to the theater screens and attendees added, net of dispositions by the founding members to NCM LLC’s network during the 2018 fiscal year and NCM LLC recorded a net intangible asset of $7.6 million during the first quarter of 2019 as a result of the Common Unit Adjustment.
During the first quarter of 2018, NCM LLC issued 2,821,710 (3,736,860 issued, net of 915,150 returned) common membership units to its founding members for the rights to exclusive access to the theater screens and attendees added, net of dispositions by the founding members to NCM LLC’s network during the 2017 fiscal year and NCM LLC recorded a net intangible asset of $15.9 million during the first quarter of 2018 as a result of the Common Unit Adjustment.
Integration Payments and Other Encumbered Theater Payments—If an existing on-screen advertising agreement with an alternative provider is in place with respect to any acquired theaters ("encumbered theaters"), the founding members may elect to receive common membership units related to those encumbered theaters in connection with the Common Unit Adjustment.  If the founding members make this election, then they are required to make payments on a quarterly basis in arrears in accordance with certain run-out provisions pursuant to the ESAs (“integration payments”). Because the Carmike Cinemas, Inc. (“Carmike”) theaters acquired by AMC are subject to an existing on-screen advertising agreement with an alternative provider, AMC will make integration payments to NCM LLC. The integration payments will continue until the earlier of (i) the date the theaters are transferred to NCM LLC’s network or (ii) the expiration of the ESA. Integration payments are calculated based upon the advertising cash flow that the Company would have generated if it had exclusive access to sell advertising in the theaters with pre-existing advertising agreements. The ESA additionally entitles NCM LLC to payments

10
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

related to the founding members’ on-screen advertising commitments under their beverage concessionaire agreements for encumbered theaters. These payments are also accounted for as a reduction to the intangible asset. During the three months ended March 28, 2019 and March 29, 2018, the Company recorded a reduction to net intangible assets of $2.5 million and $2.2 million, respectively, related to integration and other encumbered theater payments. These payments received from AMC related to its acquisitions of theaters from Carmike and Rave Cinemas and from Cinemark related primarily to its acquisition of theaters from Rave Cinemas. During the three months ended March 28, 2019 and March 29, 2018, AMC and Cinemark paid a total of $8.1 million and $9.4 million, respectively, in integration and other encumbered theater payments (as payments are made one quarter and one month in arrears, respectively). If common membership units are issued to a founding member for newly acquired theaters that are subject to an existing on-screen advertising agreement with an alternative provider, the amortization of the intangible asset commences after the existing agreement expires and NCM LLC can utilize the theaters for all of its services.
5.  RELATED PARTY TRANSACTIONS
Founding Member Transactions—In connection with NCM, Inc.’s IPO, the Company entered into several agreements to define and regulate the relationships among NCM, Inc., NCM LLC and the founding members which are outlined below. As AMC owns less than 5% of NCM LLC as of March 28, 2019, AMC is no longer a related party. AMC remains a party to the ESA, Common Unit Adjustment Agreement, Tax Receivable Agreement ("TRA") and certain other original agreements and is a member under the terms of the NCM LLC Operating Agreement, subject to fulfilling the requirements of Section 3.1 of the NCM LLC Operating Agreement. AMC will continue to participate in the annual Common Unit Adjustment and receive available cash distributions or allocation of earnings and losses in NCM LLC (as long as its ownership is greater than zero), TRA payments and theater access fees, and pay beverage revenue, among other things. Further, AMC's ownership percentage does not impact future integration payments and other encumbered theater payments owed to NCM LLC by AMC. AMC is considered a related party through the date its ownership fell below the 5% threshold (July 5, 2018) and related party transactions with AMC through this period are included within the disclosures below (specifically the first quarter of 2018).
The agreements with the founding members are as follows:
•
ESAs. Under the ESAs, NCM LLC is the exclusive provider within the United States of advertising services in the founding members’ theaters (subject to pre-existing contractual obligations and other limited exceptions for the benefit of the founding members). The advertising services include the use of the digital content network (“DCN”) equipment required to deliver the on-screen advertising and other content included in the Noovie pre-show, use of the LEN and rights to sell and display certain lobby promotions. Further, 30 to 60 seconds of advertising included in the Noovie pre-show is sold to NCM LLC’s founding members to satisfy the founding members’ on-screen advertising commitments under their beverage concessionaire agreements. In consideration for access to the founding members’ theaters, theater patrons, the network equipment required to display on-screen and LEN video advertising and the use of theaters for lobby promotions, the founding members receive a monthly theater access fee. These agreements are considered leases with related parties under ASC 842.
•
Common Unit Adjustment Agreement. The Common Unit Adjustment Agreement provides a mechanism for increasing or decreasing the membership units held by the founding members based on the acquisition or construction of new theaters or sale or closure of theaters that are operated by each founding member and included in NCM LLC’s network.
•
Tax Receivable Agreement. The tax receivable agreement provides for the effective payment by NCM, Inc. to the founding members of 90% of the amount of cash savings, if any, in U.S. federal, state and local income tax or franchise tax that is actually realized as a result of certain increases in NCM, Inc.’s proportionate share of tax basis in NCM LLC’s tangible and intangible assets resulting from the IPO and related transactions.
•
Software License Agreement. At the date of the Company’s IPO, NCM LLC was granted a perpetual, royalty-free license from NCM LLC’s founding members to use certain proprietary software that existed at the time for the delivery of digital advertising and other content through the DCN to screens in the U.S. NCM LLC has made improvements to this software since the IPO date and NCM LLC owns those improvements, except for improvements that were developed jointly by NCM LLC and NCM LLC’s founding members, if any.
The following tables provide summaries of the transactions between the Company and the founding members (in millions):

11
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

 
Three Months Ended
Included in the unaudited Condensed Consolidated Statements of Income: (1)
March 28,
2019
 
March 29,
2018
Revenue:
 
 
 
Beverage concessionaire revenue (included in advertising revenue) (2)
$
5.3

 
$
8.0

Operating expenses:
 
 
 
Theater access fee (3)
12.9

 
20.6

Purchase of movie tickets and concession products and rental of theater space (included in selling and marketing costs) (4)
0.1

 
0.4

Non-operating expenses:
 
 
 
Interest income from notes receivable (included in interest
  income) (5)
0.1

 
0.1

________________________________________
(1)
AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures within the table above only include related party activity with AMC for the three months ended March 29, 2018.
(2)
For the three months ended March 28, 2019 and March 29, 2018, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds (with all three founding members having a right to purchase up to 90 seconds) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a 30 seconds equivalent CPM rate specified by the ESA.
(3)
Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company’s network, including payments for access to higher quality digital cinema equipment.
(4)
Used primarily for marketing to NCM LLC’s advertising clients.
(5)On December 26, 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (AC JV, LLC) owned 32% by each of the founding members and 4% by NCM LLC.  In consideration for the sale, NCM LLC received a total of $25.0 million in promissory notes from its founding members (one-third or approximately $8.3 million from each founding member).  The notes bear interest at a fixed rate of 5.0% per annum, compounded annually.  Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.
 
As of
Included in the unaudited Condensed Consolidated Balance Sheets:
March 28,
2019
 
December 27,
2018
Purchase of movie tickets and concession products (included in prepaid expenses) (1)
$
0.1

 
$
—

Current portion of notes receivable - related parties (1) (2)
2.8

 
4.2

Interest receivable on notes receivable (included in other current assets) (1) (2)
0.1

 
0.1

Common unit adjustments, net of amortization and integration payments (included in intangible assets) (3)
656.6

 
657.6

Current payable to founding members under tax receivable agreement (1)(4)
10.9

 
11.2

Long-term payable to founding members under tax receivable agreement (1)(4)
143.5

 
141.1

_________________________________
(1)
AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures as of March 28, 2019 and December 27, 2018 do not include AMC. 
(2)
Refer to the discussion of notes receivable from the founding members above.
(3)
Refer to Note 4—Intangible Assets for further information on common unit adjustments and integration payments. This balance includes common unit adjustments issued to all of the founding members (including AMC) as the Company's intangible balance is considered one asset inclusive of all common unit adjustment activity.
(4)
The Company paid the founding members $18.4 million in payments pursuant to the TRA during 2018 which was for the 2017 tax year. The payment for 2018 will occur in the second quarter of 2019.

Pursuant to the terms of the NCM LLC Operating Agreement in place since the completion of the Company’s IPO, NCM LLC is required to make mandatory distributions on a proportionate basis to its members of available cash, as defined in the NCM LLC Operating Agreement, on a quarterly basis in arrears.  Mandatory distributions of available cash for the three months ended March 28, 2019 and March 29, 2018 were as follows (in millions):

12
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
AMC
$
—

 
$
2.2

Cinemark
3.0

 
3.0

Regal
3.1

 
3.2

Total founding members
6.1

 
8.4

NCM, Inc.
5.8

 
8.1

Total
$
11.9

 
$
16.5

The mandatory distributions of available cash by NCM LLC to Regal and Cinemark for the three months ended March 28, 2019 of $6.1 million is included in amounts due to founding members, net on the unaudited Condensed Consolidated Balance Sheets as of March 28, 2019 and will be made in the second quarter of 2019. The mandatory distributions to NCM, Inc. are eliminated in consolidation.
Amounts due to founding members, net as of March 28, 2019 were comprised of the following (in millions):
 
Cinemark
 
Regal
 
Total
Theater access fees, net of beverage revenues and other
   encumbered theater payments
$
1.0

 
$
1.6

 
$
2.6

Distributions payable to founding members
3.0

 
3.1

 
6.1

Integration payments due from founding members
(0.1
)
 
—

 
(0.1
)
Total amounts due to founding members, net
$
3.9

 
$
4.7

 
$
8.6

Amounts due to founding members, net as of December 27, 2018 were comprised of the following (in millions):
 
Cinemark
 
Regal
 
Total
Theater access fees, net of beverage revenues and other encumbered theater
   payments
$
1.0

 
$
1.5

 
$
2.5

Distributions payable to founding members
13.7

 
14.2

 
27.9

Integration payments due from founding members
(0.4
)
 
—

 
(0.4
)
Total amounts due to founding members, net
$
14.3

 
$
15.7

 
$
30.0

The Amounts due from founding members, net balance as of March 28, 2019 and December 27, 2018 per the Condensed Consolidated Balance Sheets relates to payments due from AMC to NCM LLC. Given that AMC ceased being a related party as of July 5, 2018, the detail of that balance has not been included within the tables above.
As of March 29, 2018, AMC owned 1.0 million shares of NCM, Inc. common stock. During the three months ended March 29, 2018, AMC received cash dividends of approximately $0.2 million on its shares of NCM, Inc. common stock held at that time.
AC JV, LLC Transactions—In December 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company, AC JV, LLC, owned 32% by each of the founding members and 4% by NCM LLC.  The Company accounts for its investment in AC JV, LLC under the equity method of accounting in accordance with ASC 323-30, Investments—Equity Method and Joint Ventures (“ASC 323-30”) because AC JV, LLC is a limited liability company with the characteristics of a limited partnership and ASC 323-30 requires the use of equity method accounting unless the Company’s interest is so minor that it would have virtually no influence over partnership operating and financial policies.  Although NCM LLC does not have a representative on AC JV, LLC’s Board of Directors or any voting, consent or blocking rights with respect to the governance or operations of AC JV, LLC, the Company concluded that its interest was more than minor under the accounting guidance. The Company’s investment in AC JV, LLC was $1.1 million and $0.9 million as of March 28, 2019 and December 27, 2018, respectively. Equity in earnings from AC JV, LLC for the three months ended March 28, 2019 and March 29, 2018, were $0.2 million and $0.0 million, respectively, and is included in non-operating expenses in the unaudited Condensed Consolidated Statements of Income.   
6.  BORROWINGS

13
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

The following table summarizes NCM LLC’s total outstanding debt as of March 28, 2019 and December 27, 2018 and the significant terms of its borrowing arrangements (in millions):
 
 
Outstanding Balance as of
 
 
 
 
Borrowings
 
March 28,
2019
 
December 27,
2018
 
Maturity
Date
 
Interest
Rate
Senior secured notes due 2022
 
$
400.0

 
$
400.0

 
April 15, 2022
 
6.000%
Revolving credit facility
 
37.0

 
27.0

 
June 20, 2023
 
(1)
Term loan
 
268.7

 
269.4

 
June 20, 2025
 
(1)
Senior unsecured notes due 2026
 
230.0

 
235.0

 
August 15, 2026
 
5.750%
Total borrowings
 
935.7

 
931.4

 
 
 
 
Less: debt issuance costs related to term loan and senior notes
 
(7.3
)
 
(7.8
)
 
 
 
 
Total borrowings, net
 
928.4

 
923.6

 
 
 
 
Less: current portion of debt
 
(2.7
)
 
(2.7
)
 
 
 
 
Carrying value of long-term debt
 
$
925.7

 
$
920.9

 
 
 
 
___________________________________________________
(1)
The interest rates on the revolving credit facility and term loan are described below.

Senior Secured Credit Facility—On June 20, 2018, NCM LLC entered into a credit agreement to replace NCM LLC's senior secured credit facility, dated as of February 13, 2007, as amended (the “previous facility”). Consistent with the structure of the previous facility, the agreement consists of a term loan facility and a revolving credit facility. As of March 28, 2019, NCM LLC’s senior secured credit facility consisted of a $175.0 million revolving credit facility and a $268.7 million term loan. The obligations under the senior secured credit facility are secured by a lien on substantially all of the assets of NCM LLC.
Revolving Credit Facility—The revolving credit facility portion of NCM LLC’s total borrowings is available, subject to certain conditions, for general corporate purposes of NCM LLC in the ordinary course of business and for other transactions permitted under the senior secured credit facility, and a portion is available for letters of credit.  As of March 28, 2019, NCM LLC’s total availability under the $175.0 million revolving credit facility was $133.2 million, net of $37.0 million outstanding and $4.8 million in letters of credit.  The unused line fee is 0.50% per annum which is consistent with the previous facility.  Borrowings under the revolving credit facility bear interest at NCM LLC’s option of either the LIBOR index plus an applicable margin ranging from 1.75% to 2.25% or the base rate plus an applicable margin ranging from 0.75% to 1.25%. The applicable margin for the revolving credit facility is determined quarterly and is subject to adjustment based upon a consolidated net senior secured leverage ratio for NCM LLC (the ratio of secured funded debt less unrestricted cash and cash equivalents of up to $100.0 million, divided by Adjusted OIBDA for debt purposes, defined as operating income before depreciation and amortization expense adjusted to also exclude amortization of intangibles recorded for network theater screen leases, non-cash share based compensation costs for NCM LLC and Chief Executive Officer transition costs plus integration payments received). The revolving credit facility will mature on June 20, 2023 contingent upon the refinancing of NCM LLC’s Notes due 2022 (defined below, see “Senior Secured Notes due 2022”) on or prior to October 30, 2021. If the Notes due 2022 are not refinanced on or prior to October 30, 2021, then the revolving credit facility will instead mature on December 30, 2021. The weighted-average interest rate on the revolving credit facility as of March 28, 2019 was 5.36%.
Term Loan—The interest rate on the term loan is a rate chosen at NCM LLC’s option of either the LIBOR index plus 3.00% or the base rate plus 2.00%. The interest rate on the term loan as of March 28, 2019 was 5.50%.  The term loan amortizes at a rate equal to 1.00% annually, to be paid in equal quarterly installments. As of March 28, 2019, NCM LLC has paid principal of $1.3 million, reducing the outstanding balance to $268.7 million. The term loan will mature on June 20, 2025 contingent upon the refinancing of the Notes due 2022 on or prior to October 30, 2021. If the Notes due 2022 are not refinanced on or prior to October 30, 2021, then the term loan will instead mature on December 30, 2021.
The senior secured credit facility contains a number of covenants and various financial ratio requirements, including, (i) a consolidated net total leverage ratio covenant of 6.25 times for each quarterly period and (ii) with respect to the revolving credit facility, maintaining a consolidated net senior secured leverage ratio of equal to or less than 4.50 times on a quarterly basis for each quarterly period in which a balance is outstanding on the revolving credit facility. In addition, NCM LLC is permitted to make quarterly dividend payments and other restricted payments with its available cash as long as NCM LLC’s consolidated net senior secured leverage ratio (after giving effect to any such payment) is below 5.50 times and no default or event of default has occurred and continues to occur under the senior secured credit facility. As of March 28, 2019, NCM LLC’s

14
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

consolidated net senior secured leverage ratio was 3.20 times (versus the dividend payment restriction of 5.50 times and the covenant of 4.50 times) and NCM LLC's consolidated net total leverage ratio was 4.25 times (versus the covenant of 6.25 times).
Senior Secured Notes due 2022—On April 27, 2012, NCM LLC completed a private placement of $400.0 million in aggregate principal amount of 6.000% Senior Secured Notes (the “Notes due 2022”) for which the registered exchange offering was completed on November 26, 2012.  The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced on October 15, 2012. The Notes due 2022 share in the same collateral that secures NCM LLC's obligations under the senior secured credit facility.
Senior Unsecured Notes due 2026—On August 19, 2016, NCM LLC completed a private placement of $250.0 million in aggregate principal amount of 5.750% Senior Unsecured Notes (the “Notes due 2026”) for which the registered exchange offering was completed on November 8, 2016.  The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, which commenced on February 15, 2017.  The Notes due 2026 were issued at 100% of the face amount thereof and are the senior unsecured obligations of NCM LLC. NCM LLC repurchased and canceled a total of $5.0 million and $15.0 million of the Notes due 2026 during 2019 and 2018, respectively, reducing the principal amount to $230.0 million as of March 28, 2019. These repurchases were treated as partial debt extinguishments and resulted in the realization of a non-operating gain, net of written off debt issuance costs, of $0.3 million and $0.0 million during the three months ended March 28, 2019 and March 29, 2018, respectively.
7.  INCOME TAXES
Changes in the Company’s Effective Tax Rate—The Company’s effective tax rate decreased from 88.6% for the three months ended March 29, 2018 to 34.4% for the three months ended March 28, 2019 primarily due to a smaller permanent difference between the allowable deduction for stock based compensation for tax purposes and book purposes in the three months ended March 28, 2019 as compared to the three months ended March 29, 2018 driven by fewer awards impacted by a decline in the Company’s stock price subsequent to the grant of the shares vesting in the respective periods. The decrease was also due to a large tax benefit recognized in the three months ended March 28, 2019 compared to expense in the three months ended March 29, 2018 related to state effective tax rate changes. The Company's current blended state and federal rate is 24.4% as of March 28, 2019 as compared to 25.4% as of March 29, 2018.
8.  COMMITMENTS AND CONTINGENCIES
Legal Actions—The Company is subject to claims and legal actions in the ordinary course of business.  The Company believes such claims will not have a material effect individually and in the aggregate on its financial position, results of operations or cash flows.
Operating Commitments - Facilities - The Company has entered into operating lease agreements for its corporate headquarters and other regional offices. The Company has a right-of-use (“ROU”) asset of $21.5 million and short-term and long-term lease liabilities of $1.3 million and $24.3 million, respectively, on the balance sheet as of March 28, 2019 for all material leases with terms longer than twelve months. These balances are included within 'Other assets', 'Other current liabilities' and 'Other liabilities', respectively, on the unaudited Condensed Consolidated Balance Sheets. The Company has options on certain of these facilities to extend the lease or to terminate part or all of the leased space prior to the lease end date. Certain termination fees would be due upon exercise of the early termination options as outlined within the underlying agreements. None of these options were considered reasonably certain of exercise and thus have not been recognized as part of the ROU asset and lease liabilities. As of March 28, 2019, the Company had a weighted average remaining lease term of 11.0 years on these leases.
The Company has also entered into certain short-term leases with a term of less than one year. These leases are not included within the Company’s ROU asset or lease liabilities due the Company’s election of the practical expedient in ASC 842-20-25-2 for short-term leases.
During the three months ended March 28, 2019, the Company recognized the following components of total lease cost (in millions). These costs are presented within selling and marketing costs and administrative and other costs within the

15
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

unaudited Condensed Consolidated Statements of Income depending upon the nature of the use of the facility.
 
 
Three months ended
 
 
March 28,
2019
Operating lease cost
 
$
0.8

Short-term lease cost
 
0.1

Variable lease cost
 
0.1

Total lease cost
 
$
1.0

The Company made total lease payments of $0.8 million during the three months ended March 28, 2019. These payments are included within cash flows from operating activities within the unaudited Condensed Consolidated Statement of Cash Flows. The minimum lease payments under noncancelable operating leases as of December 27, 2018 were as follows (in millions).
Year
 
Minimum Lease Payments
2019
 
$
3.5

2020
 
3.3

2021
 
3.4

2022
 
3.4

2023
 
3.4

Thereafter
 
22.1

Total
 
$
39.1

The future lease payments under noncancelable operating leases as of March 28, 2019 were as follows (in millions).
Year
 
Future Lease Payments
2019 (March 29, 2019 - December 26, 2019)
 
$
2.5

2020
 
3.3

2021
 
3.3

2022
 
3.4

2023
 
3.4

2024
 
3.5

Thereafter
 
18.7

Total
 
38.1

Less: Imputed interest on future lease payments
 
(12.5
)
Total lease liability as of March 28, 2019 per the Condensed Consolidated Balance Sheet
 
$
25.6

When measuring the ROU assets and lease liabilities recorded, the Company utilized its incremental borrowing rate in order to determine the present value of the lease payments as the leases do not provide an implicit rate. The Company uses the rate of interest that it would have to pay to borrow on a collateralized basis over a similar term for an amount equal to the lease payments in a similar economic environment. As of March 28, 2019, the Company’s weighted average annual discount rate was 7.42%.
Operating Commitments - ESAs and Affiliate Agreements - The Company has entered into long-term ESAs with the founding members and multi-year agreements with certain network affiliates, or third-party theater circuits. The ESAs and network affiliate agreements grant NCM LLC exclusive rights in their theaters to sell advertising, subject to limited exceptions. The Company recognizes intangible assets upon issuance of membership units to the founding members in accordance with NCM LLC’s Common Unit Adjustment Agreement and upfront cash payments to the affiliates for the contractual rights to provide the Company’s services within their theaters as further discussed within Note 4 - Intangible Assets. These ESA and network affiliate agreements are considered leases under ASC 842 once the asset is identified and the period of control is determined upon the scheduling of the showtimes by the exhibitors, typically one week prior to the showtime. As such, the leases are considered short-term in nature, specifically less than one month. Within ASC 842, leases with terms of less than one

16
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

month are exempt from the majority of the accounting and disclosure requirements, including disclosure of short-term lease expense. No ROU assets or lease liabilities were recognized for these agreements and no change to the balance sheet presentation of the intangible assets is necessary. However, the amortization of these intangible assets is considered lease expense and was therefore, reclassified in the current period from 'Depreciation and amortization expense' to 'Amortization of intangibles recorded for network theater screen leases' within the unaudited Condensed Consolidated Statement of Income.
In consideration for NCM LLC’s access to the founding members’ theater attendees for on-screen advertising and use of lobbies and other space within the founding members’ theaters for the LEN and lobby promotions, the founding members receive a monthly theater access fee under the ESAs. The theater access fee is composed of a fixed payment per patron, a fixed payment per digital screen (connected to the DCN) and a fee for access to higher quality digital cinema equipment. The payment per theater patron increases by 8% every five years, with this next increase occurring in fiscal year 2022, and the payment per digital screen and for digital cinema equipment increasing annually by 5%. The theater access fee paid in the aggregate to all founding members cannot be less than 12% of NCM LLC’s aggregate advertising revenue (as defined in the ESA), or it will be adjusted upward to reach this minimum payment.  As of March 28, 2019 and December 27, 2018, the Company had no liabilities recorded for the minimum payment, as the theater access fee was in excess of the minimum.
The network affiliates compensation is considered variable lease expense and varies by circuit depending upon the agreed upon terms of the network affiliate agreement. The majority of agreements are centered around a revenue share where an agreed upon percentage of the advertising revenue received from a theater’s attendance is paid to the circuit. As part of the network affiliate agreements entered into in the ordinary course of business under which the Company sells advertising for display in various network affiliate theater chains, the Company has agreed to certain minimum revenue guarantees on a per attendee basis. If a network affiliate achieves the attendance set forth in their respective agreement, the Company has guaranteed minimum revenue for the network affiliate per attendee if such amount paid under the revenue share arrangement is less than its guaranteed amount.  As of March 28, 2019, the maximum potential amount of future payments the Company could be required to make pursuant to the minimum revenue guarantees is $97.9 million over the remaining terms of the network affiliate agreements. These minimum guarantees relate to various affiliate agreements ranging in term from one to twenty years, prior to any renewal periods of which some are at the option of the Company. Additionally, the Company accrued $0.5 million and $0.1 million related to affiliate agreements with guaranteed minimums in excess of the revenue share agreement as of March 28, 2019 and December 27, 2018, respectively.

9.  FAIR VALUE MEASUREMENTS
Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement:
Level 1—Quoted prices in active markets for identical assets or liabilities.
Level 2—Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
Level 3—Inputs that are generally unobservable and typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability.
Non-Recurring Measurements—Certain assets are measured at fair value on a non-recurring basis. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances. These assets include long-lived assets, intangible assets, other investments, notes receivable and borrowings.
Long-Lived Assets, Intangible Assets, Other Investments and Notes Receivable—The Company regularly reviews long-lived assets (primarily property, plant and equipment), intangible assets, investments accounted for under the cost or equity method and notes receivable for impairment whenever certain qualitative factors, events or changes in circumstances indicate that the carrying amounts of the assets may not be fully recoverable. When the estimated fair value is determined to be lower than the carrying value of the asset, an impairment charge is recorded to write the asset down to its estimated fair value.  

17
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

Other investments consisted of the following (in millions):
 
As of
 
March 28,
2019
 
December 27,
2018
Investment in AC JV, LLC (1)
$
1.1

 
$
0.9

Other investments (2)
2.1

 
2.1

Total
$
3.2

 
$
3.0

 
_______________________________________
(1)
Refer to Note 5—Related Party Transactions. This investment is accounted for utilizing the equity method.
(2)
The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities are accounted for at adjusted cost in accordance with the practicability exception under Accounting Standards Update 2016-1, Recognition and Measurement of Financial Assets and Financial Liabilities, and represent an ownership of less than 20%. The Company does not exert significant influence on these companies’ operating or financial activities.
During the three months ended March 28, 2019 and March 29, 2018, the Company recorded impairment charges of $0.0 million and $0.4 million, respectively, on certain of its investments due to a significant deterioration in the business prospects of the investee or new information regarding the fair value of the investee, which brought the total remaining value of the respective impaired investments to $0.0 million as of March 28, 2019 and March 29, 2018. As of March 28, 2019, no other observable price changes or impairments have been recorded as a result of the Company’s qualitative assessment of identified events or changes in the circumstances of the remaining investments. The investment in AC JV, LLC was initially valued using comparative market multiples. The other investments were recorded based upon the fair value of the services provided in exchange for the investment. As the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs, they have been classified as Level 3 in the fair value hierarchy.
As of March 28, 2019 and December 27, 2018, the Company had notes receivable totaling $4.2 million and $5.6 million, respectively, from its founding members related to the sale of Fathom Events, as described in Note 5—Related Party Transactions. These notes were initially valued using comparative market multiples.  There were no identified events or changes in circumstances that had a significant adverse effect on the fair value of the notes receivable.  The notes are classified as Level 3 in the fair value hierarchy as the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs.
Borrowings—The carrying amount of the revolving credit facility is considered a reasonable estimate of fair value due to its floating-rate terms. The estimated fair values of the Company’s financial instruments where carrying values do not approximate fair value were as follows (in millions):
 
As of March 28,
2019
 
As of December 27,
2018
 
Carrying Value
 
Fair Value (1)
 
Carrying Value
 
Fair Value (1)
Term loan
$
268.7

 
$
264.7

 
$
269.4

 
$
261.2

Notes due 2022
400.0

 
404.5

 
400.0

 
401.8

Notes due 2026
230.0

 
213.3

 
235.0

 
211.0

 
____________________________________________
(1)
If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2 based upon the inputs utilized.
Recurring Measurements—The fair values of the Company’s assets and liabilities measured on a recurring basis pursuant to ASC 820-10, Fair Value Measurements and Disclosures are as follows (in millions):

18
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

 
 
 
Fair Value Measurements at Reporting Date Using
 
Fair Value as of March 28,
2019
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
ASSETS:
 
 
 
 
 
 
 
Cash equivalents (1)
$
34.4

 
$
14.0

 
$
20.4

 
$
—

Short-term marketable securities (2)
8.3

 
—

 
8.3

 
—

Long-term marketable securities (2)
10.1

 
—

 
10.1

 
—

Total assets
$
52.8

 
$
14.0

 
$
38.8

 
$
—

 
 
 
Fair Value Measurements at Reporting Date Using
 
Fair Value as of December 27,
2018
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
ASSETS:
 
 
 
 
 
 
 
Cash equivalents (1)
$
18.2

 
$
11.2

 
$
7.0

 
$
—

Short-term marketable securities (2)
24.0

 
—

 
24.0

 
—

Long-term marketable securities (2)
10.2

 
—

 
10.2

 
—

Total assets
$
52.4

 
$
11.2

 
$
41.2

 
$
—

___________________________________________
(1)
Cash Equivalents—The Company’s cash equivalents are carried at estimated fair value.  Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below.
(2)
Short-Term and Long-Term Marketable Securities—The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company’s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company’s government agency bonds is derived from quoted market information. The inputs in the valuation are classified as Level 1 if there is an active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the three months ended March 28, 2019 and March 29, 2018, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income.  Original cost of short-term marketable securities is based on the specific identification method. As of March 28, 2019 and December 27, 2018, there was $0.1 million and $0.2 million, respectively, of gross unrealized losses related to individual securities of $10.1 million and $11.8 million, respectively, that had been in a continuous loss position for 12 months or longer. The Company has not recorded an impairment because it has the intention and ability to hold these securities to maturity.
The amortized cost basis, aggregate fair value and maturities of the marketable securities the Company held as of March 28, 2019 and December 27, 2018 were as follows:

19
NATIONAL CINEMEDIA, INC. AND SUBSIDIARY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

 
As of March 28, 2019
 
Amortized Cost
Basis
(in millions)
 
Aggregate Fair
Value
(in millions)
 
Maturities (1)
(in years)
MARKETABLE SECURITIES:
 
 
 
 
 
Short-term municipal bonds
$
0.3

 
$
0.2

 
0.3
Short-term U.S. government agency bonds
3.5

 
3.5

 
0.5
Short-term commercial paper:
 
 
 
 
 
Industrial
2.0

 
2.0

 
0.2
Short-term certificates of deposit
2.6

 
2.6

 
0.5
Total short-term marketable securities
$
8.4

 
$
8.3

 

 
 
 
 
 
 
Long-term municipal bonds
1.2

 
1.3

 
1.3
Long-term U.S. government agency bonds
6.3

 
6.2

 
2.1
Long-term certificates of deposit
2.7

 
2.6

 
2.9
Total long-term marketable securities
$
10.2

 
$
10.1

 
 
Total marketable securities
$
18.6

 
$
18.4

 
 
 
As of December 27, 2018
 
Amortized Cost
Basis
(in millions)
 
Aggregate Fair
Value
(in millions)
 
Maturities (1)
(in years)
MARKETABLE SECURITIES:
 
 
 
 
 
Short-term U.S. government agency bonds
3.9

 
3.9

 
0.5
Short-term U.S. government treasury bonds
0.3

 
0.3

 
0.5
Short-term certificates of deposit
3.6

 
3.6

 
0.6
Short-term municipal bonds
0.5

 
0.5

 
0.1
Short-term commercial paper:
 
 
 
 
 
Financial
3.8

 
3.8

 
0.1
Industrial
12.0

 
11.9

 
0.1
Total short-term marketable securities
24.1

 
24.0

 
 
 
 
 
 
 
 
Long-term municipal bonds
1.2

 
1.3

 
1.5
Long-term U.S. government agency bonds
6.9

 
6.8

 
2.1
Long-term certificates of deposit
2.4

 
2.1

 
2.9
Total long-term marketable securities
10.5

 
10.2

 
 
Total marketable securities
$
34.6

 
$
34.2

 
 
___________________________________
(1)
Maturities—Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within 30 days.
10.  SUBSEQUENT EVENT
On May 6, 2019, the Company declared a cash dividend of $0.17 per share (approximately $13.1 million) on each share of the Company’s common stock (not including outstanding restricted stock which will accrue dividends until the shares vest) to stockholders of record on May 16, 2019 to be paid on May 31, 2019.
    


20

Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations
Some of the information in this Quarterly Report on Form 10-Q includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”), as amended.  All statements other than statements of historical facts included in this Form 10-Q, including, without limitation, certain statements under “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” may constitute forward-looking statements.  In some cases, you can identify these “forward-looking statements” by the specific words, including but not limited to “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of those words and other comparable words.  These forward-looking statements involve risks and uncertainties.  Our actual results could differ materially from those indicated in these statements as a result of certain factors as more fully discussed under the heading “Risk Factors” contained below and in our annual report on Form 10-K for the Company’s fiscal year ended December 27, 2018. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. The following discussion and analysis should be read in conjunction with the unaudited Condensed Consolidated Financial Statements and notes thereto included herein and the audited financial statements and other disclosure included in our annual report on Form 10-K for the Company’s fiscal year ended December 27, 2018. In the following discussion and analysis, the term net loss refers to net loss attributable to NCM, Inc.
Overview
We are America's Movie Network. As the #1 weekend network for Millennials (age 18-34) in the U.S., we are the connector between brands and movie audiences. We currently derive revenue principally from the sale of advertising to national, regional and local businesses in Noovie, our cinema advertising and entertainment pre-show seen on movie screens across the U.S. During 2018, we launched our Noovie Arcade mobile app which brings augmented reality to our Noovie pre-show and over 2.1 million movie goers have already downloaded the app as of March 28, 2019. We also sell advertising on our LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies. In addition, we sell online and mobile advertising through our Cinema Accelerator digital product to reach entertainment audiences beyond the theater. We have long-term ESAs (approximately 18 years remaining as of March 28, 2019) with the founding members and multi-year agreements with our network affiliates, which expire at various dates between September 2019 and July 2031. The weighted average remaining term (based on attendance) of the ESAs and the network affiliate agreements is 15.8 years as of March 28, 2019. The ESAs and network affiliate agreements grant NCM LLC exclusive rights in their theaters to sell advertising, subject to limited exceptions. Our Noovie pre-show and LEN programming are distributed predominantly via satellite through our proprietary DCN. Approximately 98% of the aggregate founding member and network affiliate theater attendance is generated by theaters connected to our DCN (the remaining screens receive advertisements on USB drives) and 100% of the Noovie pre-show is projected on digital projectors (96% digital cinema projectors and 4% LCD projectors) as of March 28, 2019.
Management focuses on several measurements that we believe provide us with the necessary ratios and key performance indicators to manage our business, determine how we are performing versus our internal goals and targets, and against the performance of our competitors and other benchmarks in the marketplace in which we operate. Senior executives hold meetings at least once per quarter with members of management to discuss and analyze operating results and address significant variances to budget and prior year in an effort to identify trends and changes in our business. We focus on operating metrics including changes in revenue, Adjusted OIBDA and Adjusted OIBDA margin, as defined and discussed below, as some of our primary measurement metrics. In addition, we monitor our monthly advertising performance measurements, including advertising inventory utilization, national and regional advertising pricing (CPM), local advertising rate per screen per week, national and local and regional and total advertising revenue per attendee.  We also monitor free cash flow, the dividend coverage ratio, financial leverage ratio (net debt divided by Adjusted OIBDA including integration payments and other encumbered theater payments), cash balances and revolving credit facility availability to ensure financial debt covenant compliance and that there is adequate cash availability to fund our working capital needs and debt obligations and current and future dividends declared by our Board of Directors. Financial results, including the metrics outlined above, are presented to the Board of Directors on a monthly basis.
Our operating results may be affected by a variety of internal and external factors and trends described more fully in the section entitled “Risk Factors” below and in our Form 10-K filed with the SEC on February 22, 2019 for our fiscal year ended December 27, 2018.
Summary Historical and Operating Data

21

You should read this information with the other information contained in this document, and our unaudited historical financial statements and the notes thereto included elsewhere in this document.
Our Operating Data—The following table presents operating data and Adjusted OIBDA (dollars in millions, except share and margin data):
 
 
 
% Change
 
Q1 2019
 
Q1 2018
 
Q1 2019 to Q1 2018
Revenue
$
76.9

 
$
80.2

 
(4.1
)%
Operating expenses:
 
 
 
 
 
Advertising
39.2

 
42.6

 
(8.0
)%
Network, administrative and unallocated costs
26.8

 
26.6

 
0.8
 %
Total operating expenses
66.0

 
69.2

 
(4.6
)%
Operating income
10.9

 
11.0

 
(0.9
)%
Non-operating expenses
14.1

 
13.5

 
4.4
 %
Income tax (benefit) expense
(0.6
)
 
1.0

 
NM

Net loss attributable to noncontrolling interests
(1.5
)
 
(1.6
)
 
(6.3
)%
Net loss attributable to NCM, Inc.
$
(1.1
)
 
$
(1.9
)
 
(42.1
)%
 
 
 
 
 
 
Net loss per NCM, Inc. basic share
$
(0.01
)
 
$
(0.03
)
 
(66.7
)%
Net loss per NCM, Inc. diluted share
$
(0.01
)
 
$
(0.03
)
 
(66.7
)%
 
 
 
 
 
 
Adjusted OIBDA
$
22.1

 
$
23.3

 
(5.2
)%
Adjusted OIBDA margin
28.8
%
 
29.1
%
 
(0.3
)%
Total theater attendance (in millions) (1)
148.7

 
177.0

 
(16.0
)%
_________________________
NM = Not Meaningful
(1)
Represents the total attendance within our advertising network, excluding screens and attendance associated with certain AMC Carmike, AMC Rave and Cinemark Rave theaters that are currently part of another cinema advertising network for all periods presented. Refer to Note 4 to the unaudited Condensed Consolidated Financial Statements included elsewhere in this document.
Non-GAAP Financial Measures
Adjusted Operating Income Before Depreciation and Amortization (“Adjusted OIBDA”) and Adjusted OIBDA margin are not financial measures calculated in accordance with GAAP in the United States.  Adjusted OIBDA represents operating income before depreciation and amortization expense adjusted to also exclude amortization of intangibles recorded for network theater screen leases, non-cash share based compensation costs and Chief Executive Officer transition costs.  Adjusted OIBDA margin is calculated by dividing Adjusted OIBDA by total revenue.  Our management uses these non-GAAP financial measures to evaluate operating performance, to forecast future results and as a basis for compensation. The Company believes these are important supplemental measures of operating performance because they eliminate items that have less bearing on the Company's operating performance and so highlight trends in its core business that may not otherwise be apparent when relying solely on GAAP financial measures. The Company believes the presentation of these measures is relevant and useful for investors because it enables them to view performance in a manner similar to the method used by the Company’s management, helps improve their ability to understand the Company’s operating performance and makes it easier to compare the Company’s results with other companies that may have different depreciation and amortization policies, amortization of intangibles recorded for network theater screen leases, non-cash share based compensation programs, CEO turnover, interest rates, debt levels or income tax rates. A limitation of these measures, however, is that they exclude depreciation and amortization, which represent a proxy for the periodic costs of certain capitalized tangible and intangible assets used in generating revenues in the Company’s business. In addition, Adjusted OIBDA has the limitation of not reflecting the effect of the Company’s amortization of intangibles recorded for network theater screen leases, share based payment costs or costs associated with the resignation of the Company’s former Chief Executive Officer. Adjusted OIBDA should not be regarded as an alternative to operating income, net income or as an indicator of operating performance, nor should it be considered in isolation of, or as a substitute for financial measures prepared in accordance with GAAP. The Company believes that operating income is the most directly comparable GAAP financial measure to Adjusted OIBDA. Because not all companies use identical calculations, these non-

22

GAAP presentations may not be comparable to other similarly titled measures of other companies, or calculations in the Company’s debt agreement.
The following table reconciles operating income to Adjusted OIBDA for the periods presented (dollars in millions):
 
Q1 2019
 
Q1 2018
Operating income
$
10.9

 
$
11.0

Depreciation expense
3.3

 
2.8

Amortization expense (1)
—

 
6.7

Amortization of intangibles recorded for network theater screen leases (1)
6.9

 
—

Share-based compensation costs (2)
0.8

 
2.8

CEO transition costs (3)
0.2

 
—

Adjusted OIBDA
$
22.1

 
$
23.3

Total revenue
$
76.9

 
$
80.2

Adjusted OIBDA margin
28.8
%
 
29.1
%
____________________________________________
(1)
Following the adoption of ASC 842, as discussed within Note 1 to the unaudited Condensed Consolidated Financial Statements included elsewhere in this document, amortization of the ESA and affiliate intangible balances is considered a form of lease expense and has been reclassified to this account as of the adoption date, December 28, 2018. The Company adopted ASC 842 prospectively and thus, prior period balances remain within amortization expense.
(2)
Share-based compensation costs are included in network operations, selling and marketing and administrative expense in the accompanying unaudited Condensed Consolidated Financial Statements.
(3)
Chief Executive Officer transition costs represent costs associated with the search for a new Company CEO.

Our Network—The change in the number of screens in our network by the founding members and network affiliates during the first three months of 2019 was as follows.
 
Number of screens
 
Founding Members
 
Network Affiliates
 
Total
Balance as of December 27, 2018
16,768

 
4,404

 
21,172

Closures, net of openings (1)
(53
)
 
(175
)
 
(228
)
Balance as of March 28, 2019
16,715

 
4,229

 
20,944

______________________________________
(1)
Includes the loss of one of our affiliates that did not renew its contract resulting in a reduction of 244 affiliate screens to our network, partially offset by screens added by other existing affiliates.
Our founding member and network affiliate agreements allow us to sell cinema advertising across the largest network of digitally equipped theaters in the U.S. We believe that our market coverage strengthens our selling proposition and competitive positioning against other national, regional and local video advertising platforms, including television, online and mobile video platforms and other out of home video advertising platforms by allowing advertisers the broad reach and national scale that they need to effectively reach their target audiences.
Basis of Presentation
The results of operations data for the three months ended March 28, 2019 (first quarter of 2019) and March 29, 2018 (first quarter of 2018) was derived from the unaudited Condensed Consolidated Financial Statements and accounting records of NCM, Inc. and should be read in conjunction with the notes thereto.
Results of Operations
First Quarter of 2019 and First Quarter of 2018

23

Revenue. Total revenue decreased 4.1%, from $80.2 million for the first quarter of 2018 to $76.9 million for the first quarter of 2019.  The following is a summary of revenue by category (in millions):
 
 
 
$ Change
 
% Change
 
Q1 2019
 
Q1 2018
 
Q1 2019 to Q1 2018
 
Q1 2019 to Q1 2018
National advertising revenue
$
54.0

 
$
54.8

 
$
(0.8
)
 
(1.5
)%
Local advertising revenue
12.8

 
13.5

 
(0.7
)
 
(5.2
)%
Regional advertising revenue
3.4

 
3.9

 
(0.5
)
 
(12.8
)%
Founding member advertising revenue from
   beverage concessionaire agreements
6.7

 
8.0

 
(1.3
)
 
(16.3
)%
Total revenue
$
76.9

 
$
80.2

 
$
(3.3
)
 
(4.1
)%
The following table shows data on theater attendance and revenue per attendee for the first quarter of 2019 and the first quarter of 2018:
 
 
 
% Change
 
Q1 2019
 
Q1 2018
 
Q1 2019 to Q1 2018
National advertising revenue per attendee
$
0.363

 
$
0.310

 
17.1
 %
Local advertising revenue per attendee
$
0.086

 
$
0.076

 
13.2
 %
Regional advertising revenue per attendee
$
0.023

 
$
0.022

 
4.5
 %
Total advertising revenue (excluding founding
   member beverage revenue) per attendee
$
0.472

 
$
0.408

 
15.7
 %
Total advertising revenue per attendee
$
0.517

 
$
0.453

 
14.1
 %
Total theater attendance (in millions) (1)
148.7

 
177.0

 
(16.0
)%
 ________________________________________________________
(1)
Represents the total attendance within our advertising network, excluding screens and attendance associated with certain AMC Carmike, AMC Rave and Cinemark Rave theaters that are currently part of another cinema advertising network for all periods presented.
National advertising revenue. The $0.8 million, or 1.5% decrease in national advertising revenue (excluding beverage revenue from founding members) was primarily due to a $1.0 million decrease in other revenue not included in the inventory measured by impressions sold or CPMs, driven by a decrease in barter revenue related primarily to timing year over year. Onscreen revenue measured by impressions sold or CPMs remained relatively flat due to the offset of an 8.1% decrease in impressions sold and a 10.0% increase in national advertising CPMs (excluding beverage) during the first quarter of 2019, compared to the first quarter of 2018. The decrease in impressions sold was primarily due to lower scatter and content partner spending and a 16.0% decrease in network attendance. The decrease in network attendance prevented us from fully recognizing the healthy first quarter customer demand and placing more of our year-end make-good balance, resulting in an unseasonably high make-good balance of $4.7 million as of March 28, 2019. The make-good balance represents sold but undelivered impressions as of the end of the period. National advertising utilization increased from 95.2% in the first quarter of 2018 to 104.1% in the first quarter of 2019. Inventory utilization is calculated as utilized impressions divided by total advertising impressions, which is based on eleven 30-second salable national advertising units in our Noovie pre-show, which can be expanded, should market demand dictate. The increase in national advertising CPMs was due primarily to a shift in the mix of customers with upfront commitments with higher CPMs choosing to place their advertisements in the first quarter of 2019, compared to the first quarter of 2018.
Local advertising revenue. The $0.7 million, or 5.2% decrease in local advertising revenue was primarily driven by a 12.1% decrease in the volume of local contracts, partially offset by a 5.1% increase in the average contract value in the first quarter of 2019, compared to the first quarter of 2018. The decrease in volume of contracts was driven by a decrease in contracts less than $100,000 due to the reduction in the local sales force following a realignment of sales territories in late 2018. The increase in average contract value is primarily due to an increase in integrated contracts incorporating the sale of digital products in addition to traditional on-screen advertising.
Regional advertising revenue. The $0.5 million, or 12.8% decrease in regional advertising revenue was primarily driven by a decrease in the value of significant regional contracts within the automotive and travel and tourism categories, partially offset by an increase in regional contract volume and value within the apparel category in the first quarter of 2019, compared to the first quarter of 2018.

24

Founding member beverage revenue. The $1.3 million, or 16.3%, decrease in national advertising revenue from the founding members’ beverage concessionaire agreements was primarily due to a 15.8% decrease in founding member attendance, partially offset by a 0.7% increase in beverage revenue CPMs, in the first quarter of 2019, compared to the first quarter of 2018. The 2019 beverage revenue CPM is based on the change in CPM during segment one of our pre-show from 2017 to 2018, which increased 0.7%. 
Operating expenses. Total operating expenses decreased $3.2 million, or 4.6%, from $69.2 million for the first quarter of 2018 to $66.0 million for the first quarter of 2019.  The following table shows the changes in operating expense for the first quarter of 2019 and the first quarter of 2018 (in millions):
 
 
 
$ Change
 
% Change
 
Q1 2019
 
Q1 2018
 
Q1 2019 to Q1 2018
 
Q1 2019 to Q1 2018
Advertising operating costs
$
7.3

 
$
7.0

 
$
0.3

 
4.3
 %
Network costs
3.5

 
3.5

 
—

 
—
 %
Theater access fees—founding members
19.1

 
20.6

 
(1.5
)
 
(7.3
)%
Selling and marketing costs
15.2

 
16.0

 
(0.8
)
 
(5.0
)%
Administrative and other costs
10.7

 
12.6

 
(1.9
)
 
(15.1
)%
Depreciation expense
3.3

 
2.8

 
0.5

 
17.9
 %
Amortization expense
—

 
6.7

 
(6.7
)
 
(100.0
)%
Amortization of intangibles recorded for
   network theater screen leases
6.9

 
—

 
6.9

 
100.0
 %
Total operating expenses
$
66.0

 
$
69.2

 
$
(3.2
)
 
(4.6
)%
Advertising operating costs. Advertising operating costs increased $0.3 million, or 4.3%, from $7.0 million for the first quarter of 2018 to $7.3 million for the first quarter of 2019. The increase was primarily related to a $0.2 million increase in affiliate advertising payments driven by a 7.1%, or 288 screen, increase in the number of average affiliate screen count as of the first quarter of 2019, compared to the first quarter of 2018, and a slight increase in the associated effective revenue share percentages for affiliates added to our network in 2018.
Network costs. Network costs remained consistent at $3.5 million for the first quarter of 2018, compared to the first quarter of 2019.
Theater access fees—founding members. Theater access fees decreased $1.5 million, or 7.3%, from $20.6 million in the first quarter of 2018 to $19.1 million in the first quarter of 2019. The expense associated with founding member attendance decreased $1.9 million due a 15.8% decrease in attendance at founding members’ theaters, which was partially offset by a $0.4 million increase in the expense associated with the founding member digital screens that are connected to the DCN (nearly 100% of our screens as of March 28, 2019), including higher quality digital cinema projectors and related equipment, due to the annual 5% rate increase specified in the ESAs.
Selling and marketing costs. Selling and marketing costs decreased $0.8 million, or 5.0%, from $16.0 million for the first quarter of 2018 to $15.2 million for the first quarter of 2019. This decrease was primarily related to a $1.2 million decrease in personnel related expenses primarily due to 1) a reduction in headcount related to a realignment of sales territories in late 2018 and 2) lower non-cash share-based compensation expense related to a decrease in the projected vesting of performance based awards as of the first quarter of 2019, compared to the first quarter of 2018. The decrease was also due to a $0.4 million non-cash impairment charge realized in the first quarter of 2018, related to investments obtained in prior years in exchange for advertising services and no such expense in the first quarter of 2019. These decreases were partially offset by a $0.3 million increase in non-cash barter expense and a $0.3 million increase in expenses related to sales meetings primarily related to the timing of these expenses.
Administrative and other costs.  Administrative and other costs decreased $1.9 million, or 15.1%, from $12.6 million for the first quarter of 2018 to $10.7 million for the first quarter of 2019. This decrease was primarily related to a $2.5 million decrease in personnel related expenses driven by a $1.3 million decrease in non-cash share-based compensation expense related to a decrease in the projected vesting of performance based awards and the lower volume of awards as of the first quarter of 2019, compared to the first quarter of 2018. The decrease in personnel related expenses was also due to a $0.4 million decrease in bonus expense driven by lower performance based bonus expense in the first quarter of 2019 as compared to the first quarter of 2018 and a $0.5 million increase in capitalized personnel costs driven by the nature of the work being performed by our information technology department during the first quarter of 2019 as compared to the first quarter of 2018. These decreases were partially offset by a $0.3 million increase in consulting

25

services and a $0.2 million increase in CEO transition fees related to costs incurred in the first quarter of 2019 for the search to identify our new CEO. 
Depreciation expense. Depreciation expense increased $0.5 million, or 17.9%, from $2.8 million for the first quarter of 2018 to $3.3 million for the first quarter of 2019, primarily due to new equipment and leasehold improvements associated with the relocation of our corporate headquarters in the second quarter of 2018.
Amortization expense and Amortization of intangibles recorded for network theater screen leases. Amortization of our ESA and affiliate intangibles increased $0.2 million, or 3.0%, from $6.7 million of amortization expense for the first quarter of 2018 to $6.9 million of amortization of intangibles recorded for network theater screen leases for the first quarter of 2019. Following the adoption of ASC 842, as discussed within Note 1 to the unaudited Condensed Consolidated Financial Statements included elsewhere in this document, amortization of the ESA and affiliate intangible balances is considered a form of lease expense and has been reclassified from amortization expense to amortization of intangibles recorded for network theater screen leases as of the adoption date, December 28, 2018. The Company adopted ASC 842 prospectively and thus, prior period balances remain within amortization expense. The $0.2 million increase is due to an increase in the underlying intangible asset balances following our annual common unit adjustment.
Non-operating expenses. Total non-operating expenses increased $0.6 million, or 4.4%, from $13.5 million for the first quarter of 2018 to $14.1 million for the first quarter of 2019. The following table shows the changes in non-operating expense for the first quarter of 2019 and the first quarter of 2018 (in millions): 
 
 
 
$ Change
 
% Change
 
Q1 2019
 
Q1 2018
 
Q1 2019 to Q1 2018
 
Q1 2019 to Q1 2018
Interest on borrowings
$
14.4

 
$
13.8

 
$
0.6

 
4.3
 %
Interest income
(0.5
)
 
(0.2
)
 
(0.3
)
 
150.0
 %
Gain on early retirement of debt, net
(0.3
)
 
—

 
(0.3
)
 
(100.0
)%
Loss (gain) on the re-measurement of the payable
   to founding members under the tax receivable
   agreement
0.7

 
(0.1
)
 
0.8

 
100.0
 %
Other non-operating income
(0.2
)
 
—

 
(0.2
)
 
(100.0
)%
Total non-operating expenses
$
14.1

 
$
13.5

 
$
0.6

 
4.4
 %
        
The increase in non-operating expense was due primarily to a $0.8 million increase in the loss on the re-measurement of the payable to founding members under the tax receivable agreement driven by an increase in the state blended tax rate in the first quarter of 2019, compared to a small decrease in the state blended tax rate in the first quarter of 2018, and a $0.6 million increase in interest on borrowings due to a 0.32% increase in the weighted average interest on borrowings driven by an increase in the LIBOR rate on our term loan in the first quarter of 2019, compared to the first quarter of 2018. These increases were partially offset by a $0.3 million net gain on the early retirement of debt related to the repurchase of some of our Notes due 2026 at a discount and a $0.3 million increase in interest income on cash and cash equivalents held at NCM, Inc. due to a 0.27% increase in the weighted average interest rate of return in the first quarter of 2019, compared to the first quarter of 2018.
Income Tax (Benefit) Expense. Income tax expense decreased $1.6 million from $1.0 million of income tax expense for the first quarter of 2018 to an income tax benefit of $0.6 million for the first quarter of 2019. The increase in income tax benefit was primarily due to a smaller permanent difference between the allowable deduction for stock based compensation for tax purposes and book purposes in the first quarter of 2019 as compared to the first quarter of 2018 driven by fewer awards impacted by a decline in the Company’s stock price subsequent to the grant of the shares vesting in the respective periods. The decrease was also due to a large tax benefit recognized in the first quarter of 2019 compared to expense in the first quarter of 2018 related to state effective tax rate changes.
Net Loss. Net loss decreased $0.8 million from $1.9 million in the first quarter of 2018 to $1.1 million in the first quarter of 2019. The decrease was due to a $1.6 million decrease in income tax expense, as described above, partially offset by a $0.6 million increase in non-operating expense and a $0.1 million decrease in operating income.
Known Trends and Uncertainties
Beverage Revenue—Under the ESAs, up to 90 seconds of the Noovie pre-show program can be sold to the founding members to satisfy their on-screen advertising commitments under their beverage concessionaire agreements. For the first three

26

months of 2019 and 2018, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds to satisfy their obligations under their beverage concessionaire agreements.  The founding members’ current long-term contracts with their beverage suppliers require the 30 or 60 seconds of beverage advertising, although such commitments could change in the future. Should the amount of time acquired as part of these beverage concessionaire agreements decline, this premium time will be available for sale to other clients. Per the ESAs, the time sold to the founding member beverage supplier is priced equal to the advertising CPM for the previous year charged by NCM LLC to unaffiliated third parties during segment one (closest to showtime) of the Noovie pre-show, limited to the highest advertising CPM being then-charged by NCM LLC.  Due to a 0.7% increase in segment one CPMs in 2018, the CPM on our beverage concessionaire revenue increased during the first three months of 2019 by 0.7% and the remainder of 2019 will increase by an equivalent percentage.
Theater Access Fees—In consideration for NCM LLC’s access to the founding members’ theater attendees for on-screen advertising and use of lobbies and other space within the founding members’ theaters for the LEN and lobby promotions, the founding members receive a monthly theater access fee under the ESAs. The theater access fee is composed of a fixed payment per patron and a fixed payment per digital screen (connected to the DCN). The payment per theater patron increases by 8% every five years, with the next increase occurring in fiscal year 2022. Pursuant to the ESAs, the payment per digital screen increases annually by 5%.
Financial Condition and Liquidity
Liquidity and Capital Resources
Our cash balances can fluctuate due to the seasonality of our business and related timing of collections of accounts receivable balances and operating expenditure payments, as well as available cash payments (as defined in the NCM LLC Operating Agreement) to NCM LLC’s founding members, interest or principal payments on our term loan and the Notes due 2022 and Notes due 2026, income tax payments, TRA payments to NCM LLC’s founding members and amount of quarterly dividends to NCM, Inc.’s common stockholders.
A summary of our financial liquidity is as follows (in millions):
 
As of
 
$ Change
 
$ Change
 
March 28, 2019
 
December 27, 2018
 
March 29, 2018
 
Q1 2019 to YE 2018
 
Q1 2019 to Q1 2018
Cash, cash equivalents and marketable securities (1)
$
82.4

 
$
75.6

 
$
81.2

 
$
6.8

 
1.2

NCM LLC revolver availability (2)
133.2

 
143.2

 
137.2

 
(10.0
)
 
(4.0
)
Total liquidity
$
215.6

 
$
218.8

 
$
218.4

 
$
(3.2
)
 
(2.8
)
_________________________
(1)
Included in cash, cash equivalents and marketable securities as of March 28, 2019, December 27, 2018 and March 29, 2018, was $4.7 million, $7.2 million and $3.1 million, respectively, of cash and marketable securities held by NCM LLC that is not available to satisfy NCM, Inc.’s dividend, income tax, tax receivable payments to NCM LLC’s founding members and other obligations.
(2)
The revolving credit facility portion of NCM LLC’s total borrowings is available, subject to certain conditions, for general corporate purposes of NCM LLC in the ordinary course of business and for other transactions permitted under the senior secured credit facility, and a portion is available for letters of credit. NCM LLC’s total capacity under the revolving credit facility was $175.0 million as of March 28, 2019, December 27, 2018 and March 29, 2018. As of March 28, 2019, December 27, 2018 and March 29, 2018, the amount available under the NCM LLC revolving credit facility in the table above, was net of amount outstanding under the revolving credit facility of $37.0 million, $27.0 million and $33.0 million, respectively, and net letters of credit of $4.8 million in each respective period.
As of March 28, 2019, the weighted average remaining maturity of our debt was 5.3 years. As of March 28, 2019, approximately 68% of our total borrowings bear interest at fixed rates.  The remaining 32% of our borrowings bear interest at variable rates and as such, our net income and earnings per share could fluctuate with market interest rate fluctuations that could increase or decrease the interest paid on our borrowings.

27

We have generated and used cash as follows (in millions):
 
Three Months Ended
 
March 28, 2019
 
March 29, 2018
Operating cash flow
$
46.0

 
$
49.5

Investing cash flow
15.0

 
(9.4
)
Financing cash flow
(38.4
)
 
(24.3
)
•
Operating Activities. The $3.5 million decrease in cash provided by operating activities for the first quarter of 2019, compared to the first quarter of 2018 was due primarily to 1) a $5.7 million decrease in the change in accounts payable and accrued expenses due primarily to timing, 2) a $2.7 million decrease in other operating assets and liabilities due to an increase in prepaid expenses and other assets due primarily to timing, 3) a $2.0 million decrease in non-cash share-based compensation expense related to a decrease in the projected vesting of performance based awards and the lower volume of awards as of the first quarter of 2019, compared to the first quarter of 2018 and 4) a $1.4 million decrease in deferred income tax expense, as described further above. These decreases were partially offset by an $8.1 million increase in cash provided by operating activities due to the reclassification in the current period of founding member integration and other encumbered theater payments from cash flows from financing activities upon adoption of ASC 842, as further discussed within Note 1 to the unaudited Condensed Consolidated Financial Statements included elsewhere in this document.
•
Investing Activities. The $24.4 million increase in cash provided by investing activities for the first quarter of 2019, compared to the first quarter of 2018 was due primarily to higher proceeds of marketable securities, net of purchases, of $22.4 million and a $1.4 million increase in proceeds from founding member notes receivable due to the timing of payments.
•
Financing Activities. The $14.1 million increase in cash used in financing activities during the first quarter of 2019, compared to the first quarter of 2018 was due primarily to a $16.3 million increase in repayments of borrowings, net of proceeds and a $9.4 million decrease in cash inflows from financing activities due to the reclassification in the current period of founding member integration and other encumbered theater payments from cash flows from financing activities upon adoption of ASC 842, as further discussed within Note 1 to the unaudited Condensed Consolidated Financial Statements included elsewhere in this document. These increases were partially offset by a $9.7 million decrease in distributions to founding members, period over period.
Sources of Capital and Capital Requirements.
NCM, Inc.’s primary source of liquidity and capital resources is the quarterly available cash distributions from NCM LLC as well as its existing cash balances and marketable securities, which as of March 28, 2019 were $77.7 million (excluding NCM LLC).  NCM LLC’s primary sources of liquidity and capital resources are its cash provided by operating activities, availability under its revolving credit facility and cash on hand.
Management believes that future funds generated from NCM LLC’s operations and cash on hand should be sufficient to fund working capital requirements, NCM LLC’s debt service requirements, opportunistic debt repurchases, and capital expenditures, through the next twelve months. Cash flows generated by NCM LLC’s distributions to NCM, Inc. and the founding members can be impacted by the seasonality of advertising sales, interest and repayments on borrowings under our credit agreements and to a lesser extent theater attendance. NCM LLC is required pursuant to the terms of the NCM LLC Operating Agreement to distribute its available cash, as defined in the operating agreement, quarterly to its members (Regal, Cinemark, AMC and NCM, Inc.). The available cash distribution to the members of NCM LLC for the three months ended March 28, 2019 was approximately $11.9 million, of which approximately $5.8 million was distributed to NCM, Inc.  NCM, Inc. expects to use cash received from future available cash distributions and its cash balances to fund income taxes, payments associated with the TRA with the founding members, and current and future dividends as declared by the Board of Directors, including a dividend declared on May 6, 2019 of $0.17 per share (approximately $13.1 million) on each share of the Company’s common stock (not including outstanding restricted stock) to stockholders of record on May 16, 2019 to be paid on May 31, 2019. NCM LLC will also consider opportunistically using cash received for partial repayments of NCM LLC's outstanding debt balance, while ensuring the Company's financial flexibility is maintained. Distributions from NCM LLC and NCM, Inc. cash balances should be sufficient to fund payments associated with the TRA with NCM LLC’s founding members, income taxes and regular dividends for the foreseeable future at the discretion of the Board of Directors. The declaration, payment, timing and amount of any future dividends payable will be at the sole discretion of the Board of Directors who will take into account general economic and advertising market business conditions, NCM, Inc.’s financial condition, available cash, current and anticipated cash needs, and any other factors that the Board of Directors considers relevant. The Company

28

intends to pay a regular quarterly dividend for the foreseeable future at the discretion of the Board of Directors consistent with the Company’s intention to distribute over time a substantial portion of its free cash flow. 
Critical Accounting Policies
For a discussion of accounting policies that we consider critical to our business operations and understanding of our results of operations, and that affect the more significant judgments and estimates used in the preparation of our unaudited Condensed Consolidated Financial Statements, see Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Critical Accounting Policies” contained in our annual report on Form 10-K filed for the fiscal year ended December 27, 2018 and incorporated by reference herein.  As of March 28, 2019, there were no significant changes in those critical accounting policies except for the change in leases upon the adoption of ASC 842 in the first quarter of 2019 and discussed further within Note 8—Commitments and Contingencies, to the unaudited Condensed Consolidated Financial Statements in Part I, Item 1 of this Form 10-Q.
Recent Accounting Pronouncements
For a discussion of recent accounting pronouncements, see the information provided under Note 1—The Company to the unaudited Condensed Consolidated Financial Statements in Part I, Item 1 of this Form 10-Q.
The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its unaudited Condensed Consolidated Financial Statements.
Related Party Transactions
For a discussion of related party transactions, see the information provided under Note 5—Related Party Transactions to the unaudited Condensed Consolidated Financial Statements in Part I, Item 1 of this Form 10-Q.
Off-Balance Sheet Arrangements
We do not believe the Company has any off-balance sheet arrangements that are material to our current or future financial condition, results of operations, liquidity, capital resources or capital expenditures.
Contractual and Other Obligations
See Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Contractual and Other Obligations” contained in our annual report on Form 10-K for the fiscal year ended December 27, 2018 and incorporated by reference herein. There were no material changes to our contractual obligations during the three months ended March 28, 2019.
Seasonality
Our revenue and operating results are seasonal in nature, coinciding with the timing of marketing expenditures by our advertising clients and to a lesser extent the attendance patterns within the film exhibition industry. Both advertising expenditures and theater attendance tend to be higher during the second, third, and fourth fiscal quarters. Advertising revenue is primarily correlated with advertising clients' new product releases, advertising client marketing priorities and economic cycles and to a lesser extent theater attendance levels. Seasonal demand during the summer is driven by the absence of alternative attractive advertising mediums and during the winter holiday season due to high client demand across all advertising mediums. The actual quarterly results for each quarter could differ materially depending on these factors or other risks and uncertainties. Based on our historical experience, our first quarter typically has less revenue than the other quarters of a given year due primarily to lower advertising client demand and increased inventory availability in competitive advertising mediums. Accordingly, there can be no assurances that seasonal variations will not materially affect our results of operations in the future.
The following table reflects the quarterly percentage of total revenue for the fiscal years ended 2016, 2017 and 2018.
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
FY 2016
17.0
%
 
25.8
%
 
25.4
%
 
31.8
%
FY 2017
16.9
%
 
22.8
%
 
27.3
%
 
33.0
%
FY 2018
18.2
%
 
25.8
%
 
24.9
%
 
31.1
%
Item 3.  Quantitative and Qualitative Disclosures About Market Risk

29



The primary market risk to which we are exposed is interest rate risk.  The Notes due 2022 and the Notes due 2026 are at fixed rates, and therefore are not subject to market risk.  As of March 28, 2019, the only interest rate risk that we are exposed to is related to our $175.0 million revolving credit facility and our term loan.  A 100-basis point fluctuation in market interest rates underlying our term loan and revolving credit facility would have the effect of increasing or decreasing our cash interest expense by approximately $3.0 million for an annual period on the $37.0 million revolving credit balance and $268.7 million term loan outstanding as of March 28, 2019.  For a discussion of market risks, see Item 7A. “Quantitative and Qualitative Disclosures About Market Risk” contained in our annual report on Form 10-K for the fiscal year ended December 27, 2018 and incorporated by reference herein.
Item 4.  Controls and Procedures
The Company maintains disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that are designed to ensure that information required to be disclosed in the Company's reports filed under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified by the SEC’s rules and forms, and that such information is accumulated and communicated to management, including the Interim Chief Executive Officer (principal executive officer) and Chief Financial Officer (principal financial and accounting officer), as appropriate, to allow timely decisions regarding required disclosure.
Management, with the participation of the Interim Chief Executive Officer and Chief Financial Officer, performed an evaluation of the effectiveness of the Company’s disclosure controls and procedures pursuant to Rules 13a-15(e) and 15d-15(e) of the Exchange Act as of March 28, 2019, the end of the period covered by this Quarterly Report on Form 10-Q. Based on such evaluation, the Company’s management concluded that the Company’s disclosure controls and procedures as of March 28, 2019 were effective.
In designing and evaluating our disclosure controls and procedures, management recognizes that any control, no matter how well designed and operated, can provide only reasonable, not absolute, assurance of achieving the desired control objectives. Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that misstatements due to error or fraud will not occur or that all control issues and instances of fraud, if any, within the Company have been detected.
Changes in Internal Control Over Financial Reporting
There were no changes to our internal control over financial reporting that occurred during the quarter ended March 28, 2019 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
PART II—OTHER INFORMATION
Item 1.  Legal Proceedings
We are sometimes involved in legal proceedings arising in the ordinary course of business. We are not aware of any other litigation currently pending that would have a material adverse effect on our operating results or financial condition.
Item 1A.  Risk Factors
There have been no material changes from risk factors as previously disclosed in our annual report on Form 10-K filed with the SEC on February 22, 2019 for the fiscal year ended December 27, 2018.
Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds
The table below provides information about shares delivered to the Company from restricted stock held by Company employees upon vesting for purpose of funding the recipient’s tax withholding obligations.
Period
Total Number of Shares Purchased
 
Average Price Paid Per Share
 
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
 
Maximum Number (or Approximate Dollar Value) of Shares that may yet be Purchased under the Plans or Programs
December 28, 2018 through January 24, 2019
121,715

 
$
7.04

 
—

 
N/A
January 25, 2019 through February 21, 2019
4,538

 
$
6.94

 
—

 
N/A
February 22, 2019 through March 28, 2019
43,170

 
$
7.85

 
—

 
N/A
Item 3.  Defaults Upon Senior Securities
None.
Item 4.  Mine Safety Disclosures
Not Applicable.
Item 5.  Other Information
None.

30



Item 6.  Exhibits 
Exhibit
Reference
Description
 
 
 
10.1
(1)

31.1
*
31.2
*
32.1
**
32.2
**
101.INS
*
XBRL Instance Document
101.SCH
*
XBRL Taxonomy Extension Schema Document
101.CAL
*
XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF
*
XBRL Taxonomy Extension Definition Linkbase Document
101.LAB
*
XBRL Taxonomy Extension Label Linkbase Document
101.PRE
*
XBRL Taxonomy Extension Presentation Linkbase Document
 _____________________________________
*
Filed herewith.
**
Furnished herewith.
(1)
Incorporated by reference to Exhibit 10.1.4 to the Company’s annual report on Form 10-K (File No. 001-33296) filed on February 22, 2019.



31



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
 
NATIONAL CINEMEDIA, INC.
 
 
 
(Registrant)
 
 
 
 
Date:
May 6, 2019
 
/s/ Clifford E. Marks
 
 
 
Clifford E. Marks
 
 
 
Interim Chief Executive Officer and President
 
 
 
(Principal Executive Officer)
Date:
May 6, 2019
 
/s/ Katherine L. Scherping
 
 
 
Katherine L. Scherping
 
 
 
Chief Financial Officer
(Principal Financial and Accounting Officer)

32
 EX-31.1 2 q1201910-qncmiexhibit311.htm EXHIBIT 31.1 Exhibit


Exhibit 31.1
CERTIFICATIONS
I, Clifford E. Marks, certify that:
1. I have reviewed this Quarterly Report on Form 10-Q of National CineMedia, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: May 6, 2019
 
/s/ Clifford E. Marks
 
 
Clifford E. Marks
 
 
Interim Chief Executive Officer and President
 
 
(Principal Executive Officer)


 EX-31.2 3 q1201910-qncmiexhibit312.htm EXHIBIT 31.2 Exhibit


Exhibit 31.2
CERTIFICATIONS
I, Katherine L. Scherping, certify that:
1. I have reviewed this Quarterly Report on Form 10-Q of National CineMedia, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: May 6, 2019
 
/s/ Katherine L. Scherping
 
 
Katherine L. Scherping
 
 
Chief Financial Officer
 
 
(Principal Financial and Accounting Officer)


 EX-32.1 4 q1201910-qncmiexhibit321.htm EXHIBIT 32.1 Exhibit


Exhibit 32.1
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report on Form 10-Q for the period ending March 28, 2019 (the “Report”) of National CineMedia, Inc. (the “Registrant”) as filed with the Securities and Exchange Commission on the date hereof, I, Clifford E. Marks, the Interim Chief Executive Officer and President of the Registrant, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:
1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and
2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.
Date: May 6, 2019
 
/s/ Clifford E. Marks
 
 
Clifford E. Marks
 
 
Interim Chief Executive Officer and President
 
 
(Principal Executive Officer)
This certification is furnished with this Report pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by such Act, be deemed filed by the Registrant for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Registrant specifically incorporates it by reference.


 EX-32.2 5 q1201910-qncmiexhibit322.htm EXHIBIT 32.2 Exhibit


Exhibit 32.2
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report on Form 10-Q for the period ending March 28, 2019 (the “Report”) of National CineMedia, Inc. (the “Registrant”) as filed with the Securities and Exchange Commission on the date hereof, I, Katherine L. Scherping, the Chief Financial Officer of the Registrant, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:
1. The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and
2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.
Date: May 6, 2019
 
/s/ Katherine L. Scherping
 
 
Katherine L. Scherping
 
 
Chief Financial Officer
 
 
(Principal Financial and Accounting Officer)
This certification is furnished with this Report pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by such Act, be deemed filed by the Registrant for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Registrant specifically incorporates it by reference.


 EX-101.INS 6 ncminc-20190328.xml XBRL INSTANCE DOCUMENT 0001377630 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember 2018-12-28 2019-03-28 0001377630 2019-05-01 0001377630 2018-12-27 0001377630 2019-03-28 0001377630 ncminc:RelatedPartyFoundingMembersMember 2018-12-27 0001377630 ncminc:RelatedPartyFoundingMembersMember 2019-03-28 0001377630 2017-12-29 2018-03-29 0001377630 ncminc:RelatedPartyFoundingMembersMember 2017-12-29 2018-03-29 0001377630 ncminc:RelatedPartyFoundingMembersMember 2018-12-28 2019-03-28 0001377630 2018-03-29 0001377630 2017-12-28 0001377630 us-gaap:AdditionalPaidInCapitalMember 2018-12-28 2019-03-28 0001377630 us-gaap:CommonStockMember 2019-03-28 0001377630 us-gaap:AdditionalPaidInCapitalMember 2017-12-29 2018-03-29 0001377630 us-gaap:CommonStockMember 2018-03-29 0001377630 us-gaap:RetainedEarningsMember 2017-12-29 2018-03-29 0001377630 us-gaap:AdditionalPaidInCapitalMember 2019-03-28 0001377630 2017-12-29 0001377630 us-gaap:AdditionalPaidInCapitalMember 2018-03-29 0001377630 us-gaap:NoncontrollingInterestMember 2017-12-29 2018-03-29 0001377630 us-gaap:RetainedEarningsMember 2018-12-28 2019-03-28 0001377630 us-gaap:CommonStockMember 2018-12-27 0001377630 us-gaap:RetainedEarningsMember 2018-03-29 0001377630 us-gaap:NoncontrollingInterestMember 2017-12-28 0001377630 us-gaap:NoncontrollingInterestMember 2018-12-28 2019-03-28 0001377630 us-gaap:RetainedEarningsMember 2017-12-28 0001377630 us-gaap:RetainedEarningsMember 2017-12-29 0001377630 us-gaap:RetainedEarningsMember 2019-03-28 0001377630 us-gaap:AdditionalPaidInCapitalMember 2017-12-28 0001377630 us-gaap:CommonStockMember 2018-12-28 2019-03-28 0001377630 us-gaap:CommonStockMember 2017-12-29 2018-03-29 0001377630 us-gaap:AdditionalPaidInCapitalMember 2018-12-27 0001377630 us-gaap:NoncontrollingInterestMember 2018-03-29 0001377630 us-gaap:RetainedEarningsMember 2018-12-27 0001377630 us-gaap:CommonStockMember 2017-12-28 0001377630 us-gaap:NoncontrollingInterestMember 2018-12-27 0001377630 us-gaap:NoncontrollingInterestMember 2019-03-28 0001377630 ncminc:CinemarkHoldingsIncMember 2019-03-28 0001377630 ncminc:AmericanMultiCinemaIncMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaIncMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember srt:MinimumMember 2018-12-28 2019-03-28 0001377630 ncminc:RegalEntertainmentGroupMember 2018-12-28 2019-03-28 0001377630 us-gaap:AccountingStandardsUpdate201602Member 2018-12-28 0001377630 ncminc:CinemarkHoldingsIncMember 2018-12-28 2019-03-28 0001377630 ncminc:AmericanMultiCinemaIncMember 2019-03-28 0001377630 ncminc:NationalCineMediaIncMember 2018-12-28 2019-03-28 0001377630 ncminc:RegalEntertainmentGroupMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember srt:MaximumMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalAdvertisingRevenueMember 2017-12-29 2018-03-29 0001377630 ncminc:LocalAdvertisingRevenueMember 2017-12-29 2018-03-29 0001377630 ncminc:RegionalAdvertisingRevenueMember 2017-12-29 2018-03-29 0001377630 ncminc:RegionalAdvertisingRevenueMember 2018-12-28 2019-03-28 0001377630 ncminc:LocalAdvertisingRevenueMember 2018-12-28 2019-03-28 0001377630 ncminc:FoundingMemberAdvertisingRevenueFromBeverageConcessionaireAgreementsMember 2018-12-28 2019-03-28 0001377630 ncminc:FoundingMemberAdvertisingRevenueFromBeverageConcessionaireAgreementsMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalAdvertisingRevenueMember 2018-12-28 2019-03-28 0001377630 2019-03-29 2019-03-28 0001377630 ncminc:StockOptionsAndNonVestedRestrictedStockMember 2017-12-29 2018-03-29 0001377630 ncminc:CommonUnitsMember 2018-12-28 2019-03-28 0001377630 ncminc:CommonUnitsMember 2017-12-29 2018-03-29 0001377630 ncminc:StockOptionsAndNonVestedRestrictedStockMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:AmericanMultiCinemaIncAndCinemarkHoldingsIncMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaLLCMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaLLCMember ncminc:AmericanMultiCinemaIncAndCinemarkHoldingsIncMember 2018-12-28 2019-03-28 0001377630 ncminc:AmericanMultiCinemaIncMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaLLCMember ncminc:ACJVLLCMember 2013-12-26 0001377630 ncminc:TwoFoundingMembersMember 2018-12-28 2019-03-28 0001377630 us-gaap:TaxYear2017Member 2017-12-29 2018-12-27 0001377630 ncminc:NationalCineMediaLLCMember ncminc:ACJVLLCMember ncminc:AmericanMultiCinemaIncMember 2013-12-26 0001377630 ncminc:OneFoundingMembersMember 2018-12-28 2019-03-28 0001377630 srt:MaximumMember 2018-12-28 2019-03-28 0001377630 ncminc:AmericanMultiCinemaIncMember 2017-12-29 2018-03-29 0001377630 ncminc:ACJVLLCMember 2019-03-28 0001377630 ncminc:ACJVLLCMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:ACJVLLCMember ncminc:RelatedPartyFoundingMembersMember 2018-12-28 2019-03-28 0001377630 ncminc:ACJVLLCMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaLLCMember ncminc:ACJVLLCMember ncminc:RelatedPartyFoundingMembersMember 2013-12-26 0001377630 ncminc:ACJVLLCMember 2018-12-27 0001377630 ncminc:ACJVLLCMember ncminc:AmericanMultiCinemaIncMember 2013-12-26 0001377630 ncminc:CinemarkHoldingsIncMember 2019-03-28 0001377630 ncminc:RegalEntertainmentGroupMember 2019-03-28 0001377630 ncminc:RegalEntertainmentGroupMember 2018-12-27 0001377630 ncminc:CinemarkHoldingsIncMember 2018-12-27 0001377630 ncminc:CinemarkHoldingsIncMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaIncMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaIncMember 2018-12-28 2019-03-28 0001377630 ncminc:RegalEntertainmentGroupMember 2018-12-28 2019-03-28 0001377630 ncminc:RegalEntertainmentGroupMember 2017-12-29 2018-03-29 0001377630 ncminc:AmericanMultiCinemaIncMember 2018-12-28 2019-03-28 0001377630 ncminc:CinemarkHoldingsIncMember 2017-12-29 2018-03-29 0001377630 srt:MaximumMember 2017-12-29 2018-03-29 0001377630 ncminc:OneFoundingMembersMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaLLCMember ncminc:ACJVLLCMember ncminc:RegalEntertainmentGroupMember 2013-12-26 0001377630 ncminc:ACJVLLCMember ncminc:RegalEntertainmentGroupMember 2013-12-26 0001377630 ncminc:NationalCineMediaLLCMember ncminc:ACJVLLCMember ncminc:CinemarkHoldingsIncMember 2013-12-26 0001377630 ncminc:ACJVLLCMember ncminc:CinemarkHoldingsIncMember 2013-12-26 0001377630 ncminc:TwoFoundingMembersMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaLLCMember ncminc:ACJVLLCMember ncminc:PromissoryNotesMember ncminc:RelatedPartyFoundingMembersMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember us-gaap:RevolvingCreditFacilityMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorNotesDueTwoZeroTwoTwoMember 2012-04-27 0001377630 ncminc:NationalCineMediaLLCMember us-gaap:RevolvingCreditFacilityMember us-gaap:LetterOfCreditMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2016-08-19 0001377630 ncminc:NationalCineMediaLLCMember srt:MaximumMember ncminc:SeniorSecuredCreditFacilityMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorSecuredCreditFacilityMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember srt:MinimumMember us-gaap:RevolvingCreditFacilityMember us-gaap:LondonInterbankOfferedRateLIBORMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2018-12-27 0001377630 ncminc:NationalCineMediaLLCMember ncminc:TermLoanMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember srt:MinimumMember us-gaap:RevolvingCreditFacilityMember us-gaap:BaseRateMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaLLCMember ncminc:TermLoanMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:TermLoanMember us-gaap:BaseRateMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember srt:MaximumMember us-gaap:RevolvingCreditFacilityMember us-gaap:LondonInterbankOfferedRateLIBORMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember us-gaap:RevolvingCreditFacilityMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:TermLoanMember us-gaap:LondonInterbankOfferedRateLIBORMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember srt:MaximumMember us-gaap:RevolvingCreditFacilityMember us-gaap:BaseRateMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorNotesDueTwoZeroTwoTwoMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember 2018-12-27 0001377630 ncminc:NationalCineMediaLLCMember us-gaap:RevolvingCreditFacilityMember 2018-12-27 0001377630 ncminc:NationalCineMediaLLCMember ncminc:TermLoanMember 2018-12-27 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorNotesDueTwoZeroTwoTwoMember 2018-12-27 0001377630 ncminc:NationalCineMediaLLCMember ncminc:SeniorNotesDueTwoZeroTwoTwoMember 2018-12-28 2019-03-28 0001377630 ncminc:StateAndFederalMember 2018-12-28 2019-03-28 0001377630 ncminc:StateAndFederalMember 2017-12-29 2018-03-29 0001377630 ncminc:NationalCineMediaLLCMember srt:MinimumMember ncminc:RelatedPartyFoundingMembersMember 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:RelatedPartyFoundingMembersMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:RelatedPartyFoundingMembersMember 2019-03-28 0001377630 srt:MinimumMember 2018-12-28 2019-03-28 0001377630 ncminc:NationalCineMediaLLCMember ncminc:RelatedPartyFoundingMembersMember 2018-12-27 0001377630 us-gaap:EstimateOfFairValueFairValueDisclosureMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2019-03-28 0001377630 us-gaap:EstimateOfFairValueFairValueDisclosureMember ncminc:TermLoanMember 2019-03-28 0001377630 us-gaap:CarryingReportedAmountFairValueDisclosureMember ncminc:SeniorNotesDueTwoZeroTwoTwoMember 2019-03-28 0001377630 us-gaap:CarryingReportedAmountFairValueDisclosureMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2018-12-27 0001377630 us-gaap:CarryingReportedAmountFairValueDisclosureMember ncminc:TermLoanMember 2018-12-27 0001377630 us-gaap:EstimateOfFairValueFairValueDisclosureMember ncminc:SeniorNotesDueTwoZeroTwoTwoMember 2019-03-28 0001377630 us-gaap:EstimateOfFairValueFairValueDisclosureMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2018-12-27 0001377630 us-gaap:CarryingReportedAmountFairValueDisclosureMember ncminc:TermLoanMember 2019-03-28 0001377630 us-gaap:EstimateOfFairValueFairValueDisclosureMember ncminc:TermLoanMember 2018-12-27 0001377630 us-gaap:EstimateOfFairValueFairValueDisclosureMember ncminc:SeniorNotesDueTwoZeroTwoTwoMember 2018-12-27 0001377630 us-gaap:CarryingReportedAmountFairValueDisclosureMember ncminc:SeniorNotesDueTwoZeroTwoTwoMember 2018-12-27 0001377630 us-gaap:CarryingReportedAmountFairValueDisclosureMember ncminc:SeniorUnsecuredNotesDueTwoZeroTwoSixMember 2019-03-28 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:CertificatesOfDepositMember 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:CertificatesOfDepositMember 2018-12-28 2019-03-28 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:MunicipalBondsMember 2018-12-28 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:MunicipalBondsMember 2018-12-28 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember ncminc:CommercialPaperIndustrialMember 2018-12-28 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember ncminc:CommercialPaperIndustrialMember 2019-03-28 0001377630 ncminc:LongTermMarketableSecuritiesMember 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember 2019-03-28 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2018-12-28 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:MunicipalBondsMember 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2018-12-28 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2019-03-28 0001377630 ncminc:LongTermMarketableSecuritiesMember ncminc:FinancialCertificatesOfDepositMember 2019-03-28 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:MunicipalBondsMember 2019-03-28 0001377630 ncminc:LongTermMarketableSecuritiesMember ncminc:FinancialCertificatesOfDepositMember 2018-12-28 2019-03-28 0001377630 ncminc:ShortTermMarketableSecuritiesMember ncminc:CommercialPaperIndustrialMember 2018-12-27 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:MunicipalBondsMember 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember ncminc:USGovernmentTreasuryDebtSecuritiesMember 2017-12-29 2018-12-27 0001377630 ncminc:LongTermMarketableSecuritiesMember 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:MunicipalBondsMember 2018-12-27 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2018-12-27 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:CertificatesOfDepositMember 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember ncminc:CommercialPaperFinancialMember 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember 2018-12-27 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:CertificatesOfDepositMember 2017-12-29 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember ncminc:CommercialPaperFinancialMember 2017-12-29 2018-12-27 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2017-12-29 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:CertificatesOfDepositMember 2017-12-29 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:CertificatesOfDepositMember 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember ncminc:CommercialPaperIndustrialMember 2017-12-29 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember ncminc:USGovernmentTreasuryDebtSecuritiesMember 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:MunicipalBondsMember 2017-12-29 2018-12-27 0001377630 ncminc:LongTermMarketableSecuritiesMember us-gaap:MunicipalBondsMember 2017-12-29 2018-12-27 0001377630 ncminc:ShortTermMarketableSecuritiesMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2017-12-29 2018-12-27 0001377630 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-27 0001377630 us-gaap:FairValueMeasurementsRecurringMember 2018-12-27 0001377630 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-27 0001377630 ncminc:ImpairedInvestmentsMember 2019-03-28 0001377630 2017-12-29 2018-12-27 0001377630 us-gaap:FairValueMeasurementsRecurringMember 2019-03-28 0001377630 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-03-28 0001377630 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-03-28 0001377630 ncminc:ImpairedInvestmentsMember 2018-03-29 0001377630 srt:MaximumMember 2017-12-29 2018-12-27 0001377630 us-gaap:SubsequentEventMember 2019-05-06 iso4217:USD xbrli:shares xbrli:shares xbrli:pure iso4217:USD ncminc:Segment false --12-26 Q1 2019 2019-03-28 10-Q 0001377630 78967806 false Accelerated Filer National CineMedia, Inc. false NCMI 1900000 1900000 100000 2200000 8.0 4700000 -215200000 -213600000 P18Y P20Y P1Y P2Y11M P1Y6M P2Y1M P1M P1M P6M P7M P1M P6M P2Y10M15D P1Y3M18D P2Y1M P2M12D P6M P3M18D P6M 3736860 2821710 1044665 915150 1000000 -3700000 -1400000 7700000 3700000 6900000 0.20 0.20 0.0100 6.25 5.50 4.50 1.00 4.25 100000000 27900000 13700000 14200000 6100000 3000000 3100000 6100000 5800000 300000 100000 -700000 100000 500000 200000 100000 400000 400000 0 100000 100000 0 PT30S PT30S PT60S PT30S PT90S PT90S PT30S PT60S PT30S PT60S 18700000 3500000 1 3500000 3500000 100000 -700000 P2Y 8400000 6100000 0.050 15500000 11200000 15300000 10900000 195600000 141100000 197100000 143500000 18400000 0.02 -0.02 0.90 0.05 0.08 0.12 P5Y 9400000 9400000 9400000 8100000 0 0 0 0 400000 8100000 P20Y P1Y 3.2 20600000 19100000 2500000 1000000 1500000 2600000 1000000 1600000 18000000 13300000 149900000 105600000 21700000 20900000 62500000 64700000 -800000 -3700000 2900000 -700000 -1400000 700000 2800000 1900000 900000 800000 500000 300000 6000000 5800000 700000 600000 6700000 0 0 6900000 4352728 78273221 3718641 80821540 1141800000 1117900000 230900000 187200000 11200000 41200000 52400000 14000000 38800000 52800000 910900000 930700000 34600000 10500000 2400000 1200000 6900000 24100000 3800000 12000000 300000 3600000 500000 3900000 18600000 10200000 2700000 1200000 6300000 8400000 2000000 2600000 300000 3500000 200000 100000 11800000 10100000 34200000 18400000 24000000 24000000 3800000 11900000 300000 3600000 500000 3900000 24000000 24000000 8300000 8300000 2000000 2600000 200000 3500000 8300000 8300000 10200000 10200000 2100000 1300000 6800000 10200000 10200000 10100000 10100000 2600000 1300000 6200000 10100000 10100000 41400000 64000000 11200000 7000000 18200000 14000000 20400000 34400000 30200000 46000000 41400000 64000000 15800000 22600000 0.17 0.17 0.01 0.01 175000000 175000000 76976398 77318971 76242222 76904155 76976398 76976398 77318971 77318971 800000 800000 -1900000 -1100000 -3500000 -1600000 -1900000 -2600000 -1500000 -1100000 2100000 1200000 7300000 7300000 6900000 2100000 2100000 0 0 7000000 7300000 400000 0 69200000 66000000 -200000 -200000 0.0200 0.03 0.0125 0.0225 0.0075 0.0175 931400000 27000000 400000000 235000000 269400000 935700000 37000000 400000000 230000000 268700000 400000000 250000000 400000000 235000000 269400000 401800000 211000000 261200000 400000000 230000000 268700000 404500000 213300000 264700000 The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, which commenced on February 15, 2017. The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced on October 15, 2012. 0.06 0.0575 0.0550 0.06000 0.05750 Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing. 15000000 5000000 5000000 4700000 0.0536 7800000 7800000 7300000 7300000 700000 -700000 -4200000 173900000 174600000 80100000 75100000 2800000 3300000 16500000 2200000 3000000 8100000 3200000 8400000 0 3000000 5800000 3100000 6100000 11900000 13300000 200000 13300000 13300000 13300000 0.17 13100000 30000000 8600000 -0.03 -0.01 -0.03 -0.01 0.886 0.254 0.344 0.244 15300000 6500000 0.04 0.04 0.32 0.32 0.32 0.32 900000 1100000 172700000 179600000 684500000 657600000 682700000 656600000 15900000 2200000 2500000 7600000 0 300000 12600000 10700000 0 0 97900000 -2500000 -3200000 -3500000 -2600000 0 200000 1000000 -600000 100000 0 300000 100000 -5800000 -11500000 -45500000 -44300000 -1000000 -500000 100000 300000 -200000 2500000 0 0 200000 500000 13800000 14400000 100000 100000 11600000 10900000 100000 100000 1000000 38100000 3400000 3400000 3300000 3300000 2500000 12500000 1231000000 1222600000 1141800000 1117900000 110500000 75500000 1120500000 1147100000 0.001 0.250 0.486 0.263 4800000 0.005 175000000 133200000 923600000 928400000 2700000 2700000 920900000 920900000 925700000 925700000 278800000 276100000 8400000 8400000 6100000 6100000 -24300000 -38400000 -9400000 15000000 49500000 46000000 -1900000 -1100000 -1600000 -1500000 15900000 7600000 15900000 7700000 8200000 7600000 3700000 3900000 -13500000 -14100000 5600000 4200000 4200000 2800000 5600000 4200000 8300000 8300000 8300000 25000000 1 11000000 10900000 800000 25600000 1300000 1400000 24300000 24500000 800000 21500000 21700000 0.0742 P11Y 39100000 3400000 3400000 3400000 3300000 22100000 3500000 700000 23200000 0 1300000 4000000 24300000 3000000 3200000 0 900000 0 200000 37600000 27900000 15000000 14000000 2100000 1200000 7900000 2900000 3500000 2900000 0.01 0.01 10000000 10000000 0 0 0 0 0 0 3900000 4700000 0 100000 0 1400000 58000000 62000000 2000000 19400000 33600000 32200000 20600000 12900000 -30000000 -14300000 -15700000 -8600000 -3900000 -4700000 0 4600000 37000000 52000000 0 700000 1300000 -153600000 -168000000 80200000 8000000 13500000 54800000 3900000 8000000 6700000 12800000 54000000 3400000 5300000 76900000 53300000 P9M 16000000 400000 100000 15200000 2800000 800000 956239 511996 2700000 2700000 100000 661933 342573 -2100000 -2100000 -1200000 -1200000 -368000000 -380800000 -74800000 -233100000 800000 287700000 -130200000 -84400000 -229300000 800000 289700000 -145600000 -89200000 -215200000 800000 278800000 -153600000 -104700000 -213600000 800000 276100000 -168000000 6000000 7400000 197118 39737700 77318971 159024458 41770669 100000 76640414 77179777 76640414 77179777 0 300000 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk and Significant Customers</font><font style="font-family:inherit;font-size:10pt;">&#8212;Bad debts are provided for using the allowance for doubtful accounts method based on historical experience and management&#8217;s evaluation of outstanding receivables at the end of the period. Receivables are</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">written off when management determines amounts are uncollectible. Trade accounts receivable are uncollateralized and represent a large number of geographically dispersed debtors. The collectability risk with respect to national and regional advertising is</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">reduced by transacting with founding members or large, national advertising agencies that have strong reputations in the advertising industry and clients with stable financial positions. The Company has smaller contracts with thousands of local clients that are not individually significant. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, there were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> advertising agency groups or individual customers through which the Company sources national advertising revenue representing more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s outstanding gross receivable balance.&#160;&#160;During the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> customers that accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of revenue.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Adopted Accounting Pronouncements</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#0070c0;"></font><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2019, the Company adopted Accounting Standards Update 2016-2 and subsequent amendments,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">&#160;(together &#8220;ASC 842&#8221;) utilizing the Comparatives Under 840 option where only the current period financial statements and related disclosures are presented in accordance with the new standard. As of the adoption date of December 28, 2018 the Company recognized the following on the unaudited Condensed Consolidated Balance Sheets: a right-of-use (&#8220;ROU&#8221;) asset of </font><font style="font-family:inherit;font-size:10pt;">$21.7 million</font><font style="font-family:inherit;font-size:10pt;"> within 'Other assets', a short-term lease liability of </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;"> within 'Other current liabilities', a long-term lease liability of </font><font style="font-family:inherit;font-size:10pt;">$24.5 million</font><font style="font-family:inherit;font-size:10pt;"> within 'Other liabilities' and reversed the related deferred rent liability balance of </font><font style="font-family:inherit;font-size:10pt;">$4.2 million</font><font style="font-family:inherit;font-size:10pt;"> for all leases with terms longer than twelve months related to its building operating leases. The Company elected to utilize the following practical expedients: (i) not being required to separate lease and non-lease components when accounting for the lease for all asset classes; and (ii) not accounting for short-term leases under the new standard. The Company also determined that the ESA and affiliate agreements are considered leases under ASC 842. However, the identification of the asset and determination of the period of control is dependent upon the scheduling of the showtimes by the exhibitors. As the schedules are typically not determined until one week in advance of the showtime, on average, the leases are considered short term in nature, specifically less than one month. As such, no ROU assets or lease liabilities were recognized for these agreements. The issuance of NCM LLC membership units to the founding members in accordance with NCM LLC&#8217;s Common Unit Adjustment Agreement and upfront cash payments to affiliates for the contractual rights to provide services within their theaters will continue to be classified as intangible assets. However, the amortization of these intangible assets is now considered lease expense and has been reclassified within the current period from 'Depreciation and amortization expense' to 'Amortization of intangibles recorded for network theater screen leases' on the unaudited Condensed Consolidated Statement of Income. Additionally, these upfront cash payments to affiliates and receipt of integration payments from the founding members, as defined within Note 4 - </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangible Assets</font><font style="font-family:inherit;font-size:10pt;">, will be considered cash flows from operating activities on the unaudited Condensed Consolidated Statement of Cash Flows when incurred as they are related to operating leases and will be reclassified from cash flows from investing and financing activities, respectively. The Company has also incorporated additional disclosures in Note 8 - </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Commitments and Contingencies</font><font style="font-family:inherit;font-size:10pt;"> to comply with ASC 842.</font><font style="font-family:inherit;font-size:10pt;color:#0070c0;"> </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2019, the Company adopted Accounting Standards Update 2018-7, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation &#8211; Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;ASU 2018-7&#8221;), which amends Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. The adoption of ASU 2018-7 had no impact on the unaudited Condensed Consolidated Financial statements or notes thereto. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:42px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2019, the Company adopted a final rule issued by the SEC in March 2019 simplifying certain Regulation S-K requirements. The rule eliminated the following requirements in certain circumstances: (1) to disclose discussion of the earliest year of three years of audited financial statements presented within Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations section of the Form 10-K, (2) to request permission from the SEC to redact confidential information from exhibits in the event the information is not material to the agreement and would cause competitive harm, (3) to disclose immaterial physical property and (4) to disclose schedules and attachments to exhibits which do not contain material information. The rule also adds the requirement to disclose the registrant's trading symbol on the cover page of certain SEC forms. The applicable amended disclosure requirements have been incorporated within this Quarterly Report on Form 10-Q. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Pronouncements</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued Accounting Standards Update 2016-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments &#8211; Credit Losses (Topic 326), Measurement of Credit Losses on Financial Statements</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;ASU 2016-13&#8221;), which requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted and is to be adopted on a modified retrospective basis. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (Topic 820): </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;ASU 2018-13&#8221;), which modifies the disclosure requirements on fair value measurements. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with partial early adoption permitted for eliminated disclosures. The method of adoption varies by the disclosure. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.</font></div><div style="line-height:120%;padding-bottom:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its unaudited Condensed Consolidated Financial Statements or notes thereto.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has prepared the unaudited Condensed Consolidated Financial Statements and related notes of NCM, Inc. in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) for interim financial information and the rules and regulations of the Securities and Exchange Commission (&#8220;SEC&#8221;).&#160;Certain reclassifications have been made to the prior year's financial statements to conform to the current presentation (refer to the Condensed Consolidated Statements of Income and Condensed Consolidated Statement of Cash Flows, whereby the Company presented depreciation expense and amortization expense as two separate lines). Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report.&#160;&#160;The balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> is derived from the audited financial statements of NCM, Inc.&#160;&#160;Therefore, the unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company&#8217;s annual report on Form 10-K filed for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the opinion of management, all adjustments necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made.&#160;&#160;The Company&#8217;s business is seasonal and for this and other reasons operating results for interim periods may not be indicative of the Company&#8217;s full year results or future performance. As a result of the various related party agreements discussed in Note 5&#8212;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Related Party Transactions</font><font style="font-family:inherit;font-size:10pt;">, the operating results as presented are not necessarily indicative of the results that might have occurred if all agreements were with non-related third parties.&#160;&#160;The Company manages its business under </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> reportable segment of advertising.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">COMMITMENTS AND CONTINGENCIES</font></div><div style="line-height:120%;padding-bottom:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Legal Actions</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company is subject to claims and legal actions in the ordinary course of business.&#160;&#160;The Company believes such claims will not have a material effect individually and in the aggregate on its financial position, results of operations or cash flows.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Operating Commitments - Facilities</font><font style="font-family:inherit;font-size:10pt;"> - The Company has entered into operating lease agreements for its corporate headquarters and other regional offices. The Company has a right-of-use (&#8220;ROU&#8221;) asset of </font><font style="font-family:inherit;font-size:10pt;">$21.5 million</font><font style="font-family:inherit;font-size:10pt;"> and short-term and long-term lease liabilities of </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$24.3 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, on the balance sheet as of March 28, 2019 for all material leases with terms longer than twelve months. These balances are included within 'Other assets', 'Other current liabilities' and 'Other liabilities', respectively, on the unaudited Condensed Consolidated Balance Sheets. The Company has options on certain of these facilities to extend the lease or to terminate part or all of the leased space prior to the lease end date. Certain termination fees would be due upon exercise of the early termination options as outlined within the underlying agreements. None of these options were considered reasonably certain of exercise and thus have not been recognized as part of the ROU asset and lease liabilities. As of March 28, 2019, the Company had a weighted average remaining lease term of </font><font style="font-family:inherit;font-size:10pt;">11.0 years</font><font style="font-family:inherit;font-size:10pt;"> on these leases. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has also entered into certain short-term leases with a term of less than one year. These leases are not included within the Company&#8217;s ROU asset or lease liabilities due the Company&#8217;s election of the practical expedient in ASC 842-20-25-2 for short-term leases. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the three months ended March 28, 2019, the Company recognized the following components of total lease cost (in millions). These costs are presented within selling and marketing costs and administrative and other costs within the unaudited Condensed Consolidated Statements of Income depending upon the nature of the use of the facility.</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three months ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March 28, <br clear="none"/>2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating lease cost</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term lease cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Variable lease cost</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total lease cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.0</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company made total lease payments of </font><font style="font-family:inherit;font-size:10pt;">$0.8 million</font><font style="font-family:inherit;font-size:10pt;"> during the three months ended March 28, 2019. These payments are included within cash flows from operating activities within the unaudited Condensed Consolidated Statement of Cash Flows. The minimum lease payments under noncancelable operating leases as of December&#160;27, 2018 were as follows (in millions).</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Minimum&#160;Lease Payments</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39.1</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The future lease payments under noncancelable operating leases as of March&#160;28, 2019 were as follows (in millions).</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Future&#160;Lease Payments</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019 (March 29, 2019 - December 26, 2019)</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#bfe4ff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.5</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.3</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.7</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38.1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Imputed interest on future lease payments</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12.5</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total lease liability as of March 28, 2019 per the Condensed Consolidated Balance Sheet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">When measuring the ROU assets and lease liabilities recorded, the Company utilized its incremental borrowing rate in order to determine the present value of the lease payments as the leases do not provide an implicit rate. The Company uses the rate of interest that it would have to pay to borrow on a collateralized basis over a similar term for an amount equal to the lease payments in a similar economic environment. As of March 28, 2019, the Company&#8217;s weighted average annual discount rate was </font><font style="font-family:inherit;font-size:10pt;">7.42%</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Operating Commitments - ESAs and Affiliate Agreements </font><font style="font-family:inherit;font-size:10pt;">- The Company has entered into long-term ESAs with the founding members and multi-year agreements with certain network affiliates, or third-party theater circuits. The ESAs and network affiliate agreements grant NCM LLC exclusive rights in their theaters to sell advertising, subject to limited exceptions. The Company recognizes intangible assets upon issuance of membership units to the founding members in accordance with NCM LLC&#8217;s Common Unit Adjustment Agreement and upfront cash payments to the affiliates for the contractual rights to provide the Company&#8217;s services within their theaters as further discussed within Note 4 - </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangible Assets</font><font style="font-family:inherit;font-size:10pt;">. These ESA and network affiliate agreements are considered leases under ASC 842 once the asset is identified and the period of control is determined upon the scheduling of the showtimes by the exhibitors, typically one week prior to the showtime. As such, the leases are considered short-term in nature, specifically less than one month. Within ASC 842, leases with terms of less than one month are exempt from the majority of the accounting and disclosure requirements, including disclosure of short-term lease expense. No ROU assets or lease liabilities were recognized for these agreements and no change to the balance sheet presentation of the intangible assets is necessary. However, the amortization of these intangible assets is considered lease expense and was therefore, reclassified in the current period from 'Depreciation and amortization expense' to 'Amortization of intangibles recorded for network theater screen leases' within the unaudited Condensed Consolidated Statement of Income. </font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In consideration for NCM LLC&#8217;s access to the founding members&#8217; theater attendees for on-screen advertising and use of lobbies and other space within the founding members&#8217; theaters for the LEN and lobby promotions, the founding members receive a monthly theater access fee under the ESAs. The theater access fee is composed of a fixed payment per patron, a fixed payment per digital screen (connected to the DCN) and a fee for access to higher quality digital cinema equipment. The payment per theater patron increases by </font><font style="font-family:inherit;font-size:10pt;">8%</font><font style="font-family:inherit;font-size:10pt;"> every </font><font style="font-family:inherit;font-size:10pt;">five years</font><font style="font-family:inherit;font-size:10pt;">, with this next increase occurring in fiscal year 2022, and the payment per digital screen and for digital cinema equipment increasing annually by </font><font style="font-family:inherit;font-size:10pt;">5%</font><font style="font-family:inherit;font-size:10pt;">. The theater access fee paid in the aggregate to all founding members cannot be less than </font><font style="font-family:inherit;font-size:10pt;">12%</font><font style="font-family:inherit;font-size:10pt;"> of NCM LLC&#8217;s aggregate advertising revenue (as defined in the ESA), or it will be adjusted upward to reach this minimum payment.&#160; As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> liabilities recorded for the minimum payment, as the theater access fee was in excess of the minimum.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#0070c0;"></font><font style="font-family:inherit;font-size:10pt;">The network affiliates compensation is considered variable lease expense and varies by circuit depending upon the agreed upon terms of the network affiliate agreement. The majority of agreements are centered around a revenue share where an agreed upon percentage of the advertising revenue received from a theater&#8217;s attendance is paid to the circuit. As part of the network affiliate agreements entered into in the ordinary course of business under which the Company sells advertising for display in various network affiliate theater chains, the Company has agreed to certain minimum revenue guarantees on a per attendee basis. If a network affiliate achieves the attendance set forth in their respective agreement, the Company has guaranteed minimum revenue for the network affiliate per attendee if such amount paid under the revenue share arrangement is less than its guaranteed amount.&#160; As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">, the maximum potential amount of future payments the Company could be required to make pursuant to the minimum revenue guarantees is </font><font style="font-family:inherit;font-size:10pt;">$97.9 million</font><font style="font-family:inherit;font-size:10pt;"> over the remaining terms of the network affiliate agreements. These minimum guarantees relate to various affiliate agreements ranging in term from </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">twenty years</font><font style="font-family:inherit;font-size:10pt;">, prior to any renewal periods of which some are at the option of the Company. Additionally, the Company accrued </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> related to affiliate agreements with guaranteed minimums in excess of the revenue share agreement as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the changes in NCM, Inc.&#8217;s equity resulting from net loss attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.02534113060429%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to NCM, Inc.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NCM LLC equity issued for purchase of intangible asset</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.7</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.7</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax and other impacts of subsidiary ownership changes</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Consolidation</font><font style="font-family:inherit;font-size:10pt;">&#8212;NCM, Inc. consolidates the accounts of NCM LLC under the provisions of ASC 810,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Consolidation</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">(&#8220;ASC 810&#8221;).&#160;&#160;The following table presents the changes in NCM, Inc.&#8217;s equity resulting from net loss attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.02534113060429%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to NCM, Inc.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NCM LLC equity issued for purchase of intangible asset</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.7</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.7</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax and other impacts of subsidiary ownership changes</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The changes in deferred revenue for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> were as follows (in millions):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:84%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Times New Roman;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Performance obligations satisfied</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">New contract liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6.9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at end of period</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BORROWINGS</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes NCM LLC&#8217;s total outstanding debt as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> and the significant terms of its borrowing arrangements (in millions):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Outstanding&#160;Balance&#160;as&#160;of</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Borrowings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;27, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maturity</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Date</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Interest</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Rate</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior secured notes due 2022</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">400.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">400.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">April 15, 2022</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.000%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revolving credit facility</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">June 20, 2023</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term loan</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">268.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">269.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">June 20, 2025</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior unsecured notes due 2026</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">230.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">August 15, 2026</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.750%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total borrowings</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">935.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">931.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: debt issuance costs related to term loan and senior notes</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7.8</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total borrowings, net</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">928.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">923.6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: current portion of debt</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying value of long-term debt</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">925.7</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">920.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">___________________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The interest rates on the revolving credit facility and term loan are described below.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;padding-bottom:4px;padding-left:46px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Senior Secured Credit Facility</font><font style="font-family:inherit;font-size:10pt;">&#8212;On June 20, 2018, NCM LLC entered into a credit agreement to replace NCM LLC's senior secured credit facility, dated as of February 13, 2007, as amended (the &#8220;previous facility&#8221;). Consistent with the structure of the previous facility, the agreement consists of a term loan facility and a revolving credit facility. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">, NCM LLC&#8217;s senior secured credit facility consisted of a </font><font style="font-family:inherit;font-size:10pt;">$175.0 million</font><font style="font-family:inherit;font-size:10pt;"> revolving credit facility and a </font><font style="font-family:inherit;font-size:10pt;">$268.7 million</font><font style="font-family:inherit;font-size:10pt;"> term loan. The obligations under the senior secured credit facility are secured by a lien on substantially all of the assets of NCM LLC. </font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revolving Credit Facility</font><font style="font-family:inherit;font-size:10pt;">&#8212;The revolving credit facility portion of NCM LLC&#8217;s total borrowings is available, subject to certain conditions, for general corporate purposes of NCM LLC in the ordinary course of business and for other transactions permitted under the senior secured credit facility, and a portion is available for letters of credit.&#160;&#160;As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">, NCM LLC&#8217;s total availability under the </font><font style="font-family:inherit;font-size:10pt;">$175.0 million</font><font style="font-family:inherit;font-size:10pt;"> revolving credit facility was </font><font style="font-family:inherit;font-size:10pt;">$133.2</font><font style="font-family:inherit;font-size:10pt;"> million, net of </font><font style="font-family:inherit;font-size:10pt;">$37.0</font><font style="font-family:inherit;font-size:10pt;"> million outstanding and </font><font style="font-family:inherit;font-size:10pt;">$4.8</font><font style="font-family:inherit;font-size:10pt;"> million in letters of credit.&#160;&#160;The unused line fee is </font><font style="font-family:inherit;font-size:10pt;">0.50%</font><font style="font-family:inherit;font-size:10pt;"> per annum which is consistent with the previous facility.&#160;&#160;Borrowings under the revolving</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> </font><font style="font-family:inherit;font-size:10pt;">credit facility bear interest at NCM LLC&#8217;s option of either the LIBOR index plus an applicable margin ranging from </font><font style="font-family:inherit;font-size:10pt;">1.75%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">2.25%</font><font style="font-family:inherit;font-size:10pt;"> or the base rate plus an applicable margin ranging from </font><font style="font-family:inherit;font-size:10pt;">0.75%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">1.25%</font><font style="font-family:inherit;font-size:10pt;">. The applicable margin for the revolving credit facility is determined quarterly and is subject to adjustment based upon a consolidated net senior secured leverage ratio for NCM LLC (the ratio of secured funded debt less unrestricted cash and cash equivalents of up to </font><font style="font-family:inherit;font-size:10pt;">$100.0 million</font><font style="font-family:inherit;font-size:10pt;">, divided by Adjusted OIBDA for debt purposes, defined as operating income before depreciation and amortization expense adjusted to also exclude amortization of intangibles recorded for network theater screen leases, non-cash share based compensation costs for NCM LLC and Chief Executive Officer transition costs plus integration payments received).&#160;The revolving credit facility will mature on June 20, 2023 contingent upon the refinancing of NCM LLC&#8217;s Notes due 2022 (defined below, see &#8220;Senior Secured Notes due 2022&#8221;) on or prior to October 30, 2021. If the Notes due 2022 are not refinanced on or prior to October 30, 2021, then the revolving credit facility will instead mature on December 30, 2021. The weighted-average interest rate on the revolving credit facility as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">5.36%</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Term Loan</font><font style="font-family:inherit;font-size:10pt;">&#8212;The interest rate on the term loan is a rate chosen at NCM LLC&#8217;s option of either the LIBOR index plus </font><font style="font-family:inherit;font-size:10pt;">3.00%</font><font style="font-family:inherit;font-size:10pt;"> or the base rate plus </font><font style="font-family:inherit;font-size:10pt;">2.00%</font><font style="font-family:inherit;font-size:10pt;">.&#160;The interest rate on the term loan as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">5.50%</font><font style="font-family:inherit;font-size:10pt;">.&#160;&#160;The term loan amortizes at a rate equal to </font><font style="font-family:inherit;font-size:10pt;">1.00%</font><font style="font-family:inherit;font-size:10pt;"> annually, to be paid in equal quarterly installments. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">, NCM LLC has paid principal of $</font><font style="font-family:inherit;font-size:10pt;">1.3</font><font style="font-family:inherit;font-size:10pt;"> million, reducing the outstanding balance to </font><font style="font-family:inherit;font-size:10pt;">$268.7</font><font style="font-family:inherit;font-size:10pt;"> million. The term loan will mature on June 20, 2025 contingent upon the refinancing of the Notes due 2022 on or prior to October 30, 2021. If the Notes due 2022 are not refinanced on or prior to October 30, 2021, then the term loan will instead mature on December 30, 2021.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The senior secured credit facility contains a number of covenants and various financial ratio requirements, including, (i) a consolidated net total leverage ratio covenant of </font><font style="font-family:inherit;font-size:10pt;">6.25</font><font style="font-family:inherit;font-size:10pt;"> times for each quarterly period and (ii) with respect to the revolving credit facility, maintaining a consolidated net senior secured leverage ratio of equal to or less than </font><font style="font-family:inherit;font-size:10pt;">4.50</font><font style="font-family:inherit;font-size:10pt;"> times on a quarterly basis for each quarterly period in which a balance is outstanding on the revolving credit facility.&#160;In addition, NCM LLC is permitted to make quarterly dividend payments and other restricted payments with its available cash as long as NCM LLC&#8217;s consolidated net senior secured leverage ratio (after giving effect to any such payment) is below </font><font style="font-family:inherit;font-size:10pt;">5.50</font><font style="font-family:inherit;font-size:10pt;"> times and no default or event of default has occurred and continues to occur under the senior secured credit facility.&#160;As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">, NCM LLC&#8217;s consolidated net senior secured leverage ratio was </font><font style="font-family:inherit;font-size:10pt;">3.20</font><font style="font-family:inherit;font-size:10pt;"> times (versus the dividend payment restriction of </font><font style="font-family:inherit;font-size:10pt;">5.50</font><font style="font-family:inherit;font-size:10pt;"> times and the covenant of </font><font style="font-family:inherit;font-size:10pt;">4.50</font><font style="font-family:inherit;font-size:10pt;"> times) and NCM LLC's consolidated net total leverage ratio was </font><font style="font-family:inherit;font-size:10pt;">4.25</font><font style="font-family:inherit;font-size:10pt;"> times (versus the covenant of </font><font style="font-family:inherit;font-size:10pt;">6.25</font><font style="font-family:inherit;font-size:10pt;"> times).</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Senior Secured Notes due 2022</font><font style="font-family:inherit;font-size:10pt;">&#8212;On April 27, 2012, NCM LLC completed a private placement of </font><font style="font-family:inherit;font-size:10pt;">$400.0 million</font><font style="font-family:inherit;font-size:10pt;"> in aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">6.000%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes (the &#8220;Notes due 2022&#8221;) for which the registered exchange offering was completed on November 26, 2012.&#160;&#160;The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced on </font><font style="font-family:inherit;font-size:10pt;">October&#160;15, 2012</font><font style="font-family:inherit;font-size:10pt;">.&#160;The Notes due 2022 share in the same collateral that secures NCM LLC's obligations under the senior secured credit facility. </font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Senior Unsecured Notes due 2026</font><font style="font-family:inherit;font-size:10pt;">&#8212;On August 19, 2016, NCM LLC completed a private placement of </font><font style="font-family:inherit;font-size:10pt;">$250.0 million</font><font style="font-family:inherit;font-size:10pt;"> in aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">5.750%</font><font style="font-family:inherit;font-size:10pt;"> Senior Unsecured Notes (the &#8220;Notes due 2026&#8221;) for which the registered exchange offering was completed on November 8, 2016.&#160;&#160;The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, which commenced on </font><font style="font-family:inherit;font-size:10pt;">February&#160;15, 2017</font><font style="font-family:inherit;font-size:10pt;">.&#160;&#160;The Notes due 2026 were issued at </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> of the face amount thereof and are the senior unsecured obligations of NCM LLC. NCM LLC repurchased and canceled a total of </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$15.0 million</font><font style="font-family:inherit;font-size:10pt;"> of the Notes due 2026 during 2019 and 2018, respectively, reducing the principal amount to </font><font style="font-family:inherit;font-size:10pt;">$230.0 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">. These repurchases were treated as partial debt extinguishments and resulted in the realization of a non-operating gain, net of written off debt issuance costs, of </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.0 million</font><font style="font-family:inherit;font-size:10pt;"> during the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and March 29, 2018, respectively.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The amortized cost basis, aggregate fair value and maturities of the marketable securities the Company held as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.83040935672514%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of March&#160;28, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amortized&#160;Cost<br clear="none"/>Basis<br clear="none"/>(in&#160;millions)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate&#160;Fair<br clear="none"/>Value<br clear="none"/>(in&#160;millions)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maturities</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;font-style:italic;">&#160;(1)</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;"><br clear="none"/>(in&#160;years)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MARKETABLE SECURITIES:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term municipal bonds</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.3</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term U.S. government agency bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term commercial paper:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Industrial</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.2</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term certificates of deposit</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total short-term marketable securities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term municipal bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.3</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term U.S. government agency bonds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term certificates of deposit</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.9</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:60px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total long-term marketable securities</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:76px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total marketable securities</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.4</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.83040935672514%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of December&#160;27, 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amortized&#160;Cost<br clear="none"/>Basis<br clear="none"/>(in&#160;millions)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate&#160;Fair<br clear="none"/>Value<br clear="none"/>(in&#160;millions)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maturities&#160;</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;font-style:italic;">(1)</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;"><br clear="none"/>(in&#160;years)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MARKETABLE SECURITIES:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term U.S. government agency bonds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term U.S. government treasury bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term certificates of deposit</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.6</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term municipal bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term commercial paper:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Industrial</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total short-term marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term municipal bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.5</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term U.S. government agency bonds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term certificates of deposit</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.9</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total long-term marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:76px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total marketable securities</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">___________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:83px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:59px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Maturities</font><font style="font-family:inherit;font-size:10pt;">&#8212;Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> days.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes revenue from contracts with customers for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">National advertising revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Local advertising revenue</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12.8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13.5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Regional advertising revenue</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Founding member advertising revenue from beverage concessionaire agreements</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mandatory distributions of available cash for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;"> were as follows (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AMC</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cinemark</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Regal</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total founding members</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.4</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NCM, Inc.</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.5</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">LOSS PER SHARE</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic loss per share is computed on the basis of the weighted average number of common shares outstanding.&#160;&#160;Diluted earnings per share is computed on the basis of the weighted average number of common shares outstanding plus the effect of potentially dilutive common stock options, restricted stock and restricted stock units using the treasury stock method.&#160;&#160;The components of basic and diluted income per NCM, Inc. share are as follows:</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to NCM, Inc. (in millions)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.1</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average shares outstanding:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77,179,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76,640,414</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Add: Dilutive effect of stock options and restricted stock</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77,179,777</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76,640,414</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Loss per NCM, Inc. share:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.01</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.03</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.01</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.03</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The effect of </font><font style="font-family:inherit;font-size:10pt;">80,821,540</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">78,273,221</font><font style="font-family:inherit;font-size:10pt;"> weighted average exchangeable NCM LLC common units held by the founding members for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, respectively, have been excluded from the calculation of diluted weighted average shares and loss per NCM, Inc. share as they were anti-dilutive.&#160;&#160;NCM LLC common units do not participate in dividends paid on NCM, Inc.&#8217;s common stock.&#160;&#160;In addition, there were </font><font style="font-family:inherit;font-size:10pt;">3,718,641</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">4,352,728</font><font style="font-family:inherit;font-size:10pt;">, stock options and non-vested (restricted) shares for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, respectively, excluded from the calculation as they were anti-dilutive.&#160;&#160;The Company&#8217;s non-vested (restricted) shares do not meet the definition of a participating security as the dividends will not be paid if the shares do not vest.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair values of the Company&#8217;s assets and liabilities measured on a recurring basis pursuant to ASC 820-10,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurements and Disclosures</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">are as follows (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value Measurements at Reporting Date Using</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value as of March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quoted&#160;Prices&#160;in Active&#160;Markets&#160;for Identical&#160;Assets<br clear="none"/>(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant&#160;Other<br clear="none"/>Observable<br clear="none"/>Inputs<br clear="none"/>(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant Unobservable Inputs<br clear="none"/>(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASSETS:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term marketable securities </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term marketable securities </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52.8</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.0</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38.8</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value Measurements at Reporting Date Using</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value as of December&#160;27, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quoted&#160;Prices&#160;in Active&#160;Markets&#160;for Identical&#160;Assets<br clear="none"/>(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant&#160;Other<br clear="none"/>Observable<br clear="none"/>Inputs<br clear="none"/>(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant Unobservable Inputs<br clear="none"/>(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASSETS:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term marketable securities </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term marketable securities </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52.4</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">___________________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Cash Equivalents</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company&#8217;s cash equivalents are carried at estimated fair value.&#160;&#160;Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Short-Term and Long-Term Marketable Securities</font><font style="font-family:inherit;font-size:10pt;">&#8212;The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company&#8217;s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company&#8217;s government agency bonds is derived from quoted market information. The inputs in the valuation are classified as Level 1 if there is an active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income.&#160;&#160;Original cost of short-term marketable securities is based on the specific identification method. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of gross unrealized losses related to individual securities of </font><font style="font-family:inherit;font-size:10pt;">$10.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$11.8 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, that had been in a continuous loss position for 12 months or longer. The Company has not recorded an impairment because it has the intention and ability to hold these securities to maturity.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The estimated fair values of the Company&#8217;s financial instruments where carrying values do not approximate fair value were as follows (in millions):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.83040935672514%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:53%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of December&#160;27, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Carrying Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value&#160;(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Carrying Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value&#160;</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;font-style:italic;">(1)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term loan</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">268.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">264.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">269.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">261.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes due 2022</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">400.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">404.5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">400.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">401.8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes due 2026</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">230.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">213.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">211.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:6pt;">&#160;</font></div><div style="line-height:120%;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">____________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2 based upon the inputs utilized.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">FAIR VALUE MEASUREMENTS</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement:</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 1</font><font style="font-family:inherit;font-size:10pt;">&#8212;Quoted prices in active markets for identical assets or liabilities.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 2</font><font style="font-family:inherit;font-size:10pt;">&#8212;Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Level 3</font><font style="font-family:inherit;font-size:10pt;">&#8212;Inputs that are generally unobservable and typically reflect management&#8217;s estimate of assumptions that market participants would use in pricing the asset or liability.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Non-Recurring Measurements</font><font style="font-family:inherit;font-size:10pt;">&#8212;Certain assets are measured at fair value on a non-recurring basis. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances. These assets include long-lived assets, intangible assets, other investments, notes receivable and borrowings.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Long-Lived Assets, Intangible Assets, Other Investments and Notes Receivable</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company regularly reviews long-lived assets (primarily property, plant and equipment), intangible assets, investments accounted for under the cost or equity method and notes receivable for impairment whenever certain qualitative factors, events or changes in circumstances indicate that the carrying amounts of the assets may not be fully recoverable. When the estimated fair value is determined to be lower than the carrying value of the asset, an impairment charge is recorded to write the asset down to its estimated fair value.&#160;&#160;</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other investments consisted of the following (in millions):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;27, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in AC JV, LLC </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other investments </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:6pt;">&#160;</font></div><div style="line-height:120%;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">_______________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to Note 5&#8212;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Related Party Transactions</font><font style="font-family:inherit;font-size:10pt;">. This investment is accounted for utilizing the equity method.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities are accounted for at adjusted cost in accordance with the practicability exception under Accounting Standards Update 2016-1, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Recognition and Measurement of Financial Assets and Financial Liabilities</font><font style="font-family:inherit;font-size:10pt;">, and represent an ownership of less than </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;">. The Company does not exert significant influence on these companies&#8217; operating or financial activities.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded impairment charges of </font><font style="font-family:inherit;font-size:10pt;">$0.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, on certain of its investments due to a significant deterioration in the business prospects of the investee or new information regarding the fair value of the investee, which brought the total remaining value of the respective impaired investments to </font><font style="font-family:inherit;font-size:10pt;">$0.0 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">, no other observable price changes or impairments have been recorded as a result of the Company&#8217;s qualitative assessment of identified events or changes in the circumstances of the remaining investments. The investment in AC JV, LLC was initially valued using comparative market multiples. The other investments were recorded based upon the fair value of the services provided in exchange for the investment. As the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs, they have been classified as Level 3 in the fair value hierarchy.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had notes receivable totaling </font><font style="font-family:inherit;font-size:10pt;">$4.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$5.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, from its founding members related to the sale of Fathom Events, as described in Note 5&#8212;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Related Party Transactions</font><font style="font-family:inherit;font-size:10pt;">. These notes were initially valued using comparative market multiples.&#160;&#160;There were no identified events or changes in circumstances that had a significant adverse effect on the fair value of the notes receivable.&#160;&#160;The notes are classified as Level 3 in the fair value hierarchy as the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Borrowings</font><font style="font-family:inherit;font-size:10pt;">&#8212;The carrying amount of the revolving credit facility is considered a reasonable estimate of fair value due to its floating-rate terms. The estimated fair values of the Company&#8217;s financial instruments where carrying values do not approximate fair value were as follows (in millions):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.83040935672514%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:53%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of December&#160;27, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Carrying Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value&#160;(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Carrying Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value&#160;</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;font-style:italic;">(1)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term loan</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">268.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">264.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">269.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">261.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes due 2022</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">400.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">404.5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">400.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">401.8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes due 2026</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">230.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">213.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">211.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:6pt;">&#160;</font></div><div style="line-height:120%;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">____________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2 based upon the inputs utilized.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recurring Measurements</font><font style="font-family:inherit;font-size:10pt;">&#8212;The fair values of the Company&#8217;s assets and liabilities measured on a recurring basis pursuant to ASC 820-10,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurements and Disclosures</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">are as follows (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value Measurements at Reporting Date Using</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value as of March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quoted&#160;Prices&#160;in Active&#160;Markets&#160;for Identical&#160;Assets<br clear="none"/>(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant&#160;Other<br clear="none"/>Observable<br clear="none"/>Inputs<br clear="none"/>(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant Unobservable Inputs<br clear="none"/>(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASSETS:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term marketable securities </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term marketable securities </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52.8</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.0</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38.8</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value Measurements at Reporting Date Using</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Fair Value as of December&#160;27, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Quoted&#160;Prices&#160;in Active&#160;Markets&#160;for Identical&#160;Assets<br clear="none"/>(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant&#160;Other<br clear="none"/>Observable<br clear="none"/>Inputs<br clear="none"/>(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Significant Unobservable Inputs<br clear="none"/>(Level 3)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASSETS:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash equivalents </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term marketable securities </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term marketable securities </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52.4</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">___________________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Cash Equivalents</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company&#8217;s cash equivalents are carried at estimated fair value.&#160;&#160;Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Short-Term and Long-Term Marketable Securities</font><font style="font-family:inherit;font-size:10pt;">&#8212;The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company&#8217;s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company&#8217;s government agency bonds is derived from quoted market information. The inputs in the valuation are classified as Level 1 if there is an active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income.&#160;&#160;Original cost of short-term marketable securities is based on the specific identification method. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of gross unrealized losses related to individual securities of </font><font style="font-family:inherit;font-size:10pt;">$10.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$11.8 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, that had been in a continuous loss position for 12 months or longer. The Company has not recorded an impairment because it has the intention and ability to hold these securities to maturity.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The amortized cost basis, aggregate fair value and maturities of the marketable securities the Company held as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.83040935672514%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of March&#160;28, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amortized&#160;Cost<br clear="none"/>Basis<br clear="none"/>(in&#160;millions)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate&#160;Fair<br clear="none"/>Value<br clear="none"/>(in&#160;millions)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maturities</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;font-style:italic;">&#160;(1)</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;"><br clear="none"/>(in&#160;years)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MARKETABLE SECURITIES:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term municipal bonds</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.3</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term U.S. government agency bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term commercial paper:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Industrial</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.2</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term certificates of deposit</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total short-term marketable securities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term municipal bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.3</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term U.S. government agency bonds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term certificates of deposit</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.9</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:60px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total long-term marketable securities</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:76px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total marketable securities</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.4</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:98.83040935672514%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of December&#160;27, 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Amortized&#160;Cost<br clear="none"/>Basis<br clear="none"/>(in&#160;millions)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate&#160;Fair<br clear="none"/>Value<br clear="none"/>(in&#160;millions)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maturities&#160;</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;font-style:italic;">(1)</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;"><br clear="none"/>(in&#160;years)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MARKETABLE SECURITIES:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term U.S. government agency bonds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term U.S. government treasury bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term certificates of deposit</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.6</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term municipal bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term commercial paper:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Industrial</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total short-term marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term municipal bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.5</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term U.S. government agency bonds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term certificates of deposit</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.9</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total long-term marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:76px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total marketable securities</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">___________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:83px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:59px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Maturities</font><font style="font-family:inherit;font-size:10pt;">&#8212;Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> days.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">INCOME TAXES</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Changes in the Company&#8217;s Effective Tax Rate</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company&#8217;s effective tax rate decreased from </font><font style="font-family:inherit;font-size:10pt;">88.6%</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">34.4%</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> primarily due to a smaller permanent difference between the allowable deduction for stock based compensation for tax purposes and book purposes in the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> as compared to the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;"> driven by fewer awards impacted by a decline in the Company&#8217;s stock price subsequent to the grant of the shares vesting in the respective periods. The decrease was also due to a large tax benefit recognized in the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> compared to expense in the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;"> related to state effective tax rate changes. The Company's current blended state and federal rate is </font><font style="font-family:inherit;font-size:10pt;">24.4%</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> as compared to </font><font style="font-family:inherit;font-size:10pt;">25.4%</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">INTANGIBLE ASSETS</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Intangible assets consist of contractual rights to provide the Company&#8217;s services within the theaters of the founding members and network affiliates and are stated at cost, net of accumulated amortization.&#160;&#160;The Company&#8217;s intangible assets with its founding members are recorded at fair market value of NCM, Inc.&#8217;s publicly traded stock as of the date on which the common membership units were issued.&#160;&#160;The NCM LLC common membership units are fully convertible into NCM, Inc.&#8217;s common stock. In addition, the Company records intangible assets for up-front fees paid to network affiliates upon commencement of a network affiliate agreement. The Company&#8217;s intangible assets have a finite useful life and the Company amortizes the assets over the remaining useful life corresponding with the ESAs or the term of the network affiliate agreement.&#160;&#160;</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Common Unit Adjustments</font><font style="font-family:inherit;font-size:10pt;">&#8212;In accordance with NCM LLC&#8217;s Common Unit Adjustment Agreement with its founding members, on an annual basis NCM LLC determines the amount of common membership units to be issued to or returned by the founding members based on theater additions or dispositions during the previous year.&#160;&#160;In addition, NCM LLC&#8217;s Common Unit Adjustment Agreement requires that a Common Unit Adjustment occur for a specific founding member if its acquisition or disposition of theaters, in a single transaction or cumulatively since the most recent Common Unit Adjustment, results in an attendance increase or decrease in excess of </font><font style="font-family:inherit;font-size:10pt;">two percent</font><font style="font-family:inherit;font-size:10pt;"> of the annual total attendance at the prior adjustment date.&#160;&#160;</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">, NCM LLC issued </font><font style="font-family:inherit;font-size:10pt;">1,044,665</font><font style="font-family:inherit;font-size:10pt;"> common membership units to its founding members for the rights to exclusive access to the theater screens and attendees added, net of dispositions by the founding members to NCM LLC&#8217;s network during the 2018 fiscal year and NCM LLC recorded a net intangible asset of </font><font style="font-family:inherit;font-size:10pt;">$7.6 million</font><font style="font-family:inherit;font-size:10pt;"> during the first quarter of </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;"> as a result of the Common Unit Adjustment.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, NCM LLC issued </font><font style="font-family:inherit;font-size:10pt;">2,821,710</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">3,736,860</font><font style="font-family:inherit;font-size:10pt;"> issued, net of </font><font style="font-family:inherit;font-size:10pt;">915,150</font><font style="font-family:inherit;font-size:10pt;"> returned) common membership units to its founding members for the rights to exclusive access to the theater screens and attendees added, net of dispositions by the founding members to NCM LLC&#8217;s network during the 2017 fiscal year and NCM LLC recorded a net intangible asset of </font><font style="font-family:inherit;font-size:10pt;">$15.9 million</font><font style="font-family:inherit;font-size:10pt;"> during the first quarter of </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> as a result of the Common Unit Adjustment.</font></div><div style="line-height:120%;padding-bottom:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Integration Payments and Other Encumbered Theater Payments</font><font style="font-family:inherit;font-size:10pt;">&#8212;If an existing on-screen advertising agreement with an alternative provider is in place with respect to any acquired theaters ("encumbered theaters"), the founding members may elect to receive common membership units related to those encumbered theaters in connection with the Common Unit Adjustment.&#160;&#160;If the founding members make this election, then they are required to make payments on a quarterly basis in arrears in accordance with certain run-out provisions pursuant to the ESAs (&#8220;integration payments&#8221;). Because the Carmike Cinemas, Inc. (&#8220;Carmike&#8221;) theaters acquired by AMC are subject to an existing on-screen advertising agreement with an alternative provider, AMC will make integration payments to NCM LLC. The integration payments will continue until the earlier of (i) the date the theaters are transferred to NCM LLC&#8217;s network or (ii) the expiration of the ESA. Integration payments are calculated based upon the advertising cash flow that the Company would have generated if it had exclusive access to sell advertising in the theaters with pre-existing advertising agreements. The ESA additionally entitles NCM LLC to payments related to the founding members&#8217; on-screen advertising commitments under their beverage concessionaire agreements for encumbered theaters. These payments are also accounted for as a reduction to the intangible asset. During the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded a reduction to net intangible assets of </font><font style="font-family:inherit;font-size:10pt;">$2.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.2 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, related to integration and other encumbered theater payments. These payments received from AMC related to its acquisitions of theaters from Carmike and Rave Cinemas and from Cinemark related primarily to its acquisition of theaters from Rave Cinemas. During the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, AMC and Cinemark paid a total of </font><font style="font-family:inherit;font-size:10pt;">$8.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$9.4 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, in integration and other encumbered theater payments (as payments are made one quarter and one month in arrears, respectively). If common membership units are issued to a founding member for newly acquired theaters that are subject to an existing on-screen advertising agreement with an alternative provider, the amortization of the intangible asset commences after the existing agreement expires and NCM LLC can utilize the theaters for all of its services.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These costs are presented within selling and marketing costs and administrative and other costs within the unaudited Condensed Consolidated Statements of Income depending upon the nature of the use of the facility.</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three months ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March 28, <br clear="none"/>2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating lease cost</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Short-term lease cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Variable lease cost</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total lease cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.0</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The future lease payments under noncancelable operating leases as of March&#160;28, 2019 were as follows (in millions).</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Future&#160;Lease Payments</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019 (March 29, 2019 - December 26, 2019)</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#bfe4ff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.5</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.3</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2024</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18.7</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38.1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: Imputed interest on future lease payments</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#bfe4ff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12.5</font></div></td><td style="vertical-align:bottom;background-color:#bfe4ff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total lease liability as of March 28, 2019 per the Condensed Consolidated Balance Sheet</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">THE COMPANY</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">National CineMedia, Inc. (&#8220;NCM, Inc.&#8221;) was incorporated in Delaware as a holding company with the sole purpose of becoming a member and sole manager of National CineMedia, LLC (&#8220;NCM LLC&#8221;), a limited liability company owned by NCM, Inc., Regal Cinemas, Inc. and Regal CineMedia Holdings, LLC, wholly owned subsidiaries of Cineworld Group plc and Regal Entertainment Group (&#8220;Regal&#8221;), Cinemark Media, Inc. and Cinemark USA, Inc., wholly owned subsidiaries of Cinemark Holdings, Inc. (&#8220;Cinemark&#8221;) and American Multi-Cinema, Inc. and AMC ShowPlace Theatres, Inc., wholly owned subsidiaries of AMC Entertainment, Inc. (&#8220;AMC&#8221;).&#160;&#160;The terms &#8220;NCM&#8221;, &#8220;the Company&#8221; or &#8220;we&#8221; shall, unless the context otherwise requires, be deemed to include the consolidated entity.&#160;AMC, Regal, Cinemark and their affiliates are referred to in this document as &#8220;founding members&#8221;.&#160;</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;NCM LLC operates the largest cinema advertising network reaching movie audiences in North America, allowing NCM LLC to sell advertising under long-term exhibitor services agreements (&#8220;ESAs&#8221;) with the founding members (approximately </font><font style="font-family:inherit;font-size:10pt;">18</font><font style="font-family:inherit;font-size:10pt;"> years remaining as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">) and certain third-party theater circuits, referred to in this document as &#8220;network affiliates&#8221; under long-term network affiliate agreements, which have terms from </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">twenty</font><font style="font-family:inherit;font-size:10pt;"> years.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">, NCM LLC had </font><font style="font-family:inherit;font-size:10pt;">159,024,458</font><font style="font-family:inherit;font-size:10pt;"> common membership units outstanding, of which </font><font style="font-family:inherit;font-size:10pt;">77,318,971</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">48.6%</font><font style="font-family:inherit;font-size:10pt;">) were owned by NCM, Inc., </font><font style="font-family:inherit;font-size:10pt;">41,770,669</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">26.3%</font><font style="font-family:inherit;font-size:10pt;">) were owned by Regal, </font><font style="font-family:inherit;font-size:10pt;">39,737,700</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">25.0%</font><font style="font-family:inherit;font-size:10pt;">) were owned by Cinemark and </font><font style="font-family:inherit;font-size:10pt;">197,118</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">0.1%</font><font style="font-family:inherit;font-size:10pt;">) were owned by AMC. The membership units held by the founding members are exchangeable into NCM, Inc. common stock on a </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">-for-one basis.</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has prepared the unaudited Condensed Consolidated Financial Statements and related notes of NCM, Inc. in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) for interim financial information and the rules and regulations of the Securities and Exchange Commission (&#8220;SEC&#8221;).&#160;Certain reclassifications have been made to the prior year's financial statements to conform to the current presentation (refer to the Condensed Consolidated Statements of Income and Condensed Consolidated Statement of Cash Flows, whereby the Company presented depreciation expense and amortization expense as two separate lines). Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report.&#160;&#160;The balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> is derived from the audited financial statements of NCM, Inc.&#160;&#160;Therefore, the unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company&#8217;s annual report on Form 10-K filed for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the opinion of management, all adjustments necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made.&#160;&#160;The Company&#8217;s business is seasonal and for this and other reasons operating results for interim periods may not be indicative of the Company&#8217;s full year results or future performance. As a result of the various related party agreements discussed in Note 5&#8212;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Related Party Transactions</font><font style="font-family:inherit;font-size:10pt;">, the operating results as presented are not necessarily indicative of the results that might have occurred if all agreements were with non-related third parties.&#160;&#160;The Company manages its business under </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> reportable segment of advertising.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Estimates</font><font style="font-family:inherit;font-size:10pt;">&#8212;The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include those related to the reserve for uncollectible accounts receivable, share-based compensation and income taxes. Actual results could differ from those estimates.</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Significant Accounting Policies</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s annual financial statements included in its Form 10-K filed for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> contain a complete discussion of the Company&#8217;s significant accounting policies. Following is additional information related to the Company&#8217;s accounting policies.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company derives revenue principally from the advertising business, which includes on-screen and lobby network (LEN) advertising and lobby promotions and advertising on websites and mobile applications owned by NCM LLC and other companies. Revenue is recognized over time as the customer receives the benefits provided by NCM LLC&#8217;s advertising services and the Company has the right to payment for performance to date. The Company considers the terms of each arrangement to determine the appropriate accounting treatment. </font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk and Significant Customers</font><font style="font-family:inherit;font-size:10pt;">&#8212;Bad debts are provided for using the allowance for doubtful accounts method based on historical experience and management&#8217;s evaluation of outstanding receivables at the end of the period. Receivables are</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">written off when management determines amounts are uncollectible. Trade accounts receivable are uncollateralized and represent a large number of geographically dispersed debtors. The collectability risk with respect to national and regional advertising is</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">reduced by transacting with founding members or large, national advertising agencies that have strong reputations in the advertising industry and clients with stable financial positions. The Company has smaller contracts with thousands of local clients that are not individually significant. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, there were </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> advertising agency groups or individual customers through which the Company sources national advertising revenue representing more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s outstanding gross receivable balance.&#160;&#160;During the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> customers that accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of revenue.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Share-Based Compensation</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company has issued stock options and restricted stock to certain employees and restricted stock units to its independent directors. The Company has not granted stock options since 2012.&#160;&#160;In 2018 and 2019, the restricted stock grants for Company management vest upon the achievement of Company performance measures and/or service conditions, while non-management grants vest only upon the achievement of service conditions.&#160;&#160;Compensation expense of restricted stock that vests upon the achievement of Company performance measures is based on management&#8217;s financial projections and the probability of achieving the projections, which require considerable judgment. A cumulative adjustment is recorded to share-based compensation expense in periods that management changes its estimate of the number of shares of restricted stock expected to vest. Ultimately, the Company adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. Dividends are accrued when declared on unvested restricted stock that is expected to vest and are only paid with respect to shares that actually vest.&#160;&#160;During the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">511,996</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">956,239</font><font style="font-family:inherit;font-size:10pt;"> shares of restricted stock and restricted stock units vested, respectively. </font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Consolidation</font><font style="font-family:inherit;font-size:10pt;">&#8212;NCM, Inc. consolidates the accounts of NCM LLC under the provisions of ASC 810,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Consolidation</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">(&#8220;ASC 810&#8221;).&#160;&#160;The following table presents the changes in NCM, Inc.&#8217;s equity resulting from net loss attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.02534113060429%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:69%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:13%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to NCM, Inc.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NCM LLC equity issued for purchase of intangible asset</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.7</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.7</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax and other impacts of subsidiary ownership changes</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:6pt;">&#160;</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Adopted Accounting Pronouncements</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#0070c0;"></font><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2019, the Company adopted Accounting Standards Update 2016-2 and subsequent amendments,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">&#160;(together &#8220;ASC 842&#8221;) utilizing the Comparatives Under 840 option where only the current period financial statements and related disclosures are presented in accordance with the new standard. As of the adoption date of December 28, 2018 the Company recognized the following on the unaudited Condensed Consolidated Balance Sheets: a right-of-use (&#8220;ROU&#8221;) asset of </font><font style="font-family:inherit;font-size:10pt;">$21.7 million</font><font style="font-family:inherit;font-size:10pt;"> within 'Other assets', a short-term lease liability of </font><font style="font-family:inherit;font-size:10pt;">$1.4 million</font><font style="font-family:inherit;font-size:10pt;"> within 'Other current liabilities', a long-term lease liability of </font><font style="font-family:inherit;font-size:10pt;">$24.5 million</font><font style="font-family:inherit;font-size:10pt;"> within 'Other liabilities' and reversed the related deferred rent liability balance of </font><font style="font-family:inherit;font-size:10pt;">$4.2 million</font><font style="font-family:inherit;font-size:10pt;"> for all leases with terms longer than twelve months related to its building operating leases. The Company elected to utilize the following practical expedients: (i) not being required to separate lease and non-lease components when accounting for the lease for all asset classes; and (ii) not accounting for short-term leases under the new standard. The Company also determined that the ESA and affiliate agreements are considered leases under ASC 842. However, the identification of the asset and determination of the period of control is dependent upon the scheduling of the showtimes by the exhibitors. As the schedules are typically not determined until one week in advance of the showtime, on average, the leases are considered short term in nature, specifically less than one month. As such, no ROU assets or lease liabilities were recognized for these agreements. The issuance of NCM LLC membership units to the founding members in accordance with NCM LLC&#8217;s Common Unit Adjustment Agreement and upfront cash payments to affiliates for the contractual rights to provide services within their theaters will continue to be classified as intangible assets. However, the amortization of these intangible assets is now considered lease expense and has been reclassified within the current period from 'Depreciation and amortization expense' to 'Amortization of intangibles recorded for network theater screen leases' on the unaudited Condensed Consolidated Statement of Income. Additionally, these upfront cash payments to affiliates and receipt of integration payments from the founding members, as defined within Note 4 - </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangible Assets</font><font style="font-family:inherit;font-size:10pt;">, will be considered cash flows from operating activities on the unaudited Condensed Consolidated Statement of Cash Flows when incurred as they are related to operating leases and will be reclassified from cash flows from investing and financing activities, respectively. The Company has also incorporated additional disclosures in Note 8 - </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Commitments and Contingencies</font><font style="font-family:inherit;font-size:10pt;"> to comply with ASC 842.</font><font style="font-family:inherit;font-size:10pt;color:#0070c0;"> </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2019, the Company adopted Accounting Standards Update 2018-7, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation &#8211; Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;ASU 2018-7&#8221;), which amends Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. The adoption of ASU 2018-7 had no impact on the unaudited Condensed Consolidated Financial statements or notes thereto. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:42px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2019, the Company adopted a final rule issued by the SEC in March 2019 simplifying certain Regulation S-K requirements. The rule eliminated the following requirements in certain circumstances: (1) to disclose discussion of the earliest year of three years of audited financial statements presented within Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations section of the Form 10-K, (2) to request permission from the SEC to redact confidential information from exhibits in the event the information is not material to the agreement and would cause competitive harm, (3) to disclose immaterial physical property and (4) to disclose schedules and attachments to exhibits which do not contain material information. The rule also adds the requirement to disclose the registrant's trading symbol on the cover page of certain SEC forms. The applicable amended disclosure requirements have been incorporated within this Quarterly Report on Form 10-Q. </font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Pronouncements</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued Accounting Standards Update 2016-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments &#8211; Credit Losses (Topic 326), Measurement of Credit Losses on Financial Statements</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;ASU 2016-13&#8221;), which requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted and is to be adopted on a modified retrospective basis. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (Topic 820): </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;ASU 2018-13&#8221;), which modifies the disclosure requirements on fair value measurements. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with partial early adoption permitted for eliminated disclosures. The method of adoption varies by the disclosure. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.</font></div><div style="line-height:120%;padding-bottom:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its unaudited Condensed Consolidated Financial Statements or notes thereto.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RELATED PARTY TRANSACTIONS</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Founding Member Transactions</font><font style="font-family:inherit;font-size:10pt;">&#8212;In connection with NCM, Inc.&#8217;s IPO, the Company entered into several agreements to define and regulate the relationships among NCM, Inc., NCM LLC and the founding members which are outlined below. As AMC owns less than 5% of NCM LLC as of March 28, 2019, AMC is no longer a related party. AMC remains a party to the ESA, Common Unit Adjustment Agreement, Tax Receivable Agreement ("TRA") and certain other original agreements and is a member under the terms of the NCM LLC Operating Agreement, subject to fulfilling the requirements of Section 3.1 of the NCM LLC Operating Agreement. AMC will continue to participate in the annual Common Unit Adjustment and receive available cash distributions or allocation of earnings and losses in NCM LLC (as long as its ownership is greater than zero), TRA payments and theater access fees, and pay beverage revenue, among other things. Further, AMC's ownership percentage does not impact future integration payments and other encumbered theater payments owed to NCM LLC by AMC. AMC is considered a related party through the date its ownership fell below the 5% threshold (July 5, 2018) and related party transactions with AMC through this period are included within the disclosures below (specifically the first quarter of 2018).</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The agreements with the founding members are as follows:</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:79px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:55px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ESAs.</font><font style="font-family:inherit;font-size:10pt;"> Under the ESAs, NCM LLC is the exclusive provider within the United States of advertising services in the founding members&#8217; theaters (subject to pre-existing contractual obligations and other limited exceptions for the benefit of the founding members). The advertising services include the use of the digital content network (&#8220;DCN&#8221;) equipment required to deliver the on-screen advertising and other content included in the </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Noovie</font><font style="font-family:inherit;font-size:10pt;"> pre-show, use of the LEN and rights to sell and display certain lobby promotions. Further, </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">60 seconds</font><font style="font-family:inherit;font-size:10pt;"> of advertising included in the </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Noovie</font><font style="font-family:inherit;font-size:10pt;"> pre-show is sold to NCM LLC&#8217;s founding members to satisfy the founding members&#8217; on-screen advertising commitments under their beverage concessionaire agreements. In consideration for access to the founding members&#8217; theaters, theater patrons, the network equipment required to display on-screen and LEN video advertising and the use of theaters for lobby promotions, the founding members receive a monthly theater access fee. These agreements are considered leases with related parties under ASC 842.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:79px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:55px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Common Unit Adjustment Agreement.</font><font style="font-family:inherit;font-size:10pt;"> The Common Unit Adjustment Agreement provides a mechanism for increasing or decreasing the membership units held by the founding members based on the acquisition or construction of new theaters or sale or closure of theaters that are operated by each founding member and included in NCM LLC&#8217;s network.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:79px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:55px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Tax Receivable Agreement.</font><font style="font-family:inherit;font-size:10pt;"> The tax receivable agreement provides for the effective payment by NCM, Inc. to the founding members of </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> of the amount of cash savings, if any, in U.S. federal, state and local income tax or franchise tax that is actually realized as a result of certain increases in NCM, Inc.&#8217;s proportionate share of tax basis in NCM LLC&#8217;s tangible and intangible assets resulting from the IPO and related transactions.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:79px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:55px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Software License Agreement.</font><font style="font-family:inherit;font-size:10pt;"> At the date of the Company&#8217;s IPO, NCM LLC was granted a perpetual, royalty-free license from NCM LLC&#8217;s founding members to use certain proprietary software that existed at the time for the delivery of digital advertising and other content through the DCN to screens in the U.S. NCM LLC has made improvements to this software since the IPO date and NCM LLC owns those improvements, except for improvements that were developed jointly by NCM LLC and NCM LLC&#8217;s founding members, if any.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following tables provide summaries of the transactions between the Company and the founding members (in millions):</font></div><div style="line-height:120%;padding-bottom:4px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;font-weight:bold;">Included in the unaudited Condensed Consolidated Statements of Income: </font><font style="font-family:inherit;font-size:8pt;font-style:italic;">(1)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:36px;text-indent:-6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beverage concessionaire revenue (included in advertising revenue) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Operating expenses:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Theater access fee </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(3)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:36px;text-indent:-6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchase of movie tickets and concession products and rental of theater space (included in selling and marketing costs) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(4)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Non-operating expenses:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest income from notes receivable (included in interest</font></div><div style="text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;income) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(5)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">________________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures within the table above only include related party activity with AMC for the three months ended March 29, 2018.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, two of the founding members purchased </font><font style="font-family:inherit;font-size:10pt;">60 seconds</font><font style="font-family:inherit;font-size:10pt;"> of on-screen advertising time and one founding member purchased </font><font style="font-family:inherit;font-size:10pt;">30 seconds</font><font style="font-family:inherit;font-size:10pt;"> (with all three founding members having a right to purchase up to </font><font style="font-family:inherit;font-size:10pt;">90 seconds</font><font style="font-family:inherit;font-size:10pt;">) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> seconds equivalent CPM rate specified by the ESA.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company&#8217;s network, including payments for access to higher quality digital cinema equipment. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Used primarily for marketing to NCM LLC&#8217;s advertising clients.</font></div></td></tr></table><div style="padding-left:4px;padding-bottom:8px;padding-left:24px;text-indent:-24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(5)</font><font style="font-family:inherit;font-size:10pt;">On December 26, 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (AC JV, LLC) owned </font><font style="font-family:inherit;font-size:10pt;">32%</font><font style="font-family:inherit;font-size:10pt;"> by each of the founding members and </font><font style="font-family:inherit;font-size:10pt;">4%</font><font style="font-family:inherit;font-size:10pt;"> by NCM LLC.&#160;&#160;In consideration for the sale, NCM LLC received a total of </font><font style="font-family:inherit;font-size:10pt;">$25.0 million</font><font style="font-family:inherit;font-size:10pt;"> in promissory notes from its founding members (one-third or approximately </font><font style="font-family:inherit;font-size:10pt;">$8.3 million</font><font style="font-family:inherit;font-size:10pt;"> from each founding member).&#160;&#160;The notes bear interest at a fixed rate of </font><font style="font-family:inherit;font-size:10pt;">5.0%</font><font style="font-family:inherit;font-size:10pt;"> per annum, compounded annually.&#160;&#160;Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;font-weight:bold;">Included in the unaudited Condensed Consolidated Balance Sheets:</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;27, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchase of movie tickets and concession products (included in prepaid expenses) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current portion of notes receivable - related parties </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1) (2)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest receivable on notes receivable (included in other current assets) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1) (2)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:30px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common unit adjustments, net of amortization and integration payments (included in intangible assets) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(3)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">656.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">657.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current payable to founding members under tax receivable agreement </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)(4)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term payable to founding members under tax receivable agreement </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)(4)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143.5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">141.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;">_________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:71px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;padding-left:47px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures as of March 28, 2019 and December 27, 2018 do not include AMC.</font><font style="font-family:inherit;font-size:11pt;">&#160; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:71px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:47px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to the discussion of notes receivable from the founding members above.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:71px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:47px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to Note 4&#8212;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangible Assets</font><font style="font-family:inherit;font-size:10pt;"> for further information on common unit adjustments and integration payments. This balance includes common unit adjustments issued to all of the founding members (including AMC) as the Company's intangible balance is considered one asset inclusive of all common unit adjustment activity.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:71px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:47px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company paid the founding members $</font><font style="font-family:inherit;font-size:10pt;">18.4</font><font style="font-family:inherit;font-size:10pt;"> million in payments pursuant to the TRA during 2018 which was for the 2017 tax year. The payment for 2018 will occur in the second quarter of 2019. </font></div></td></tr></table><div style="line-height:120%;padding-left:4px;padding-left:71px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the terms of the NCM LLC Operating Agreement in place since the completion of the Company&#8217;s IPO, NCM LLC is required to make mandatory distributions on a proportionate basis to its members of available cash, as defined in the NCM LLC Operating Agreement, on a quarterly basis in arrears.&#160;&#160;Mandatory distributions of available cash for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;"> were as follows (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AMC</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cinemark</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Regal</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total founding members</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.4</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NCM, Inc.</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.5</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The mandatory distributions of available cash by NCM LLC to Regal and Cinemark for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">$6.1 million</font><font style="font-family:inherit;font-size:10pt;"> is included in amounts due to founding members, net on the unaudited Condensed Consolidated Balance Sheets as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and will be made in the second quarter of 2019. The mandatory distributions to NCM, Inc. are eliminated in consolidation.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts due to founding members, net as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> were comprised of the following (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Cinemark</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Regal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Theater access fees, net of beverage revenues and other</font></div><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;encumbered theater payments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Distributions payable to founding members</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Integration payments due from founding members</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total amounts due to founding members, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.7</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts due to founding members, net as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> were comprised of the following (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Cinemark</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Regal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Theater access fees, net of beverage revenues and other encumbered theater</font></div><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;payments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Distributions payable to founding members</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13.7</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Integration payments due from founding members</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total amounts due to founding members, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.3</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15.7</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30.0</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Amounts due from founding members, net balance as of March 28, 2019 and December 27, 2018 per the Condensed Consolidated Balance Sheets relates to payments due from AMC to NCM LLC. Given that AMC ceased being a related party as of July 5, 2018, the detail of that balance has not been included within the tables above. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of March 29, 2018, AMC owned </font><font style="font-family:inherit;font-size:10pt;">1.0 million</font><font style="font-family:inherit;font-size:10pt;"> shares of NCM, Inc. common stock. During the three months ended&#160;March&#160;29, 2018, AMC received cash dividends of approximately&#160;</font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;"> on its shares of NCM, Inc. common stock held at that time.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">AC JV, LLC Transactions</font><font style="font-family:inherit;font-size:10pt;">&#8212;In December 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company, AC JV, LLC, owned </font><font style="font-family:inherit;font-size:10pt;">32%</font><font style="font-family:inherit;font-size:10pt;"> by each of the founding members and </font><font style="font-family:inherit;font-size:10pt;">4%</font><font style="font-family:inherit;font-size:10pt;"> by NCM LLC.&#160;&#160;The Company accounts for its investment in AC JV, LLC under the equity method of accounting in accordance with ASC 323-30,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Investments&#8212;Equity Method and Joint Ventures</font><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">(&#8220;ASC 323-30&#8221;) because AC JV, LLC is a limited liability company with the characteristics of a limited partnership and ASC 323-30 requires the use of equity method accounting unless the Company&#8217;s interest is so minor that it would have virtually no influence over partnership operating and financial policies.&#160;&#160;Although NCM LLC does not have a representative on AC JV, LLC&#8217;s Board of Directors or any voting, consent or blocking rights with respect to the governance or operations of AC JV, LLC, the Company concluded that its interest was more than minor under the accounting guidance.&#160;The Company&#8217;s investment in AC JV, LLC was </font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, respectively. Equity in earnings from AC JV, LLC for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, were </font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, and is included in non-operating expenses in the unaudited Condensed Consolidated Statements of Income.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">REVENUE FROM CONTRACTS WITH CUSTOMERS</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company derives revenue principally from the sale of advertising to national, regional and local businesses in&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Noovie</font><font style="font-family:inherit;font-size:10pt;">, the Company&#8217;s cinema advertising and entertainment pre-show. The Company also sells advertising through the LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies. In addition, the Company sells online and mobile advertising through&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Cinema Accelerator</font><font style="font-family:inherit;font-size:10pt;">&#160;and other digital gaming products such as </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Noovie ARcade,</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fantasy Movie League </font><font style="font-family:inherit;font-size:10pt;">and</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Shuffle</font><font style="font-family:inherit;font-size:10pt;">. The Company also has a long-term agreement to exhibit the advertising of the founding members&#8217; beverage suppliers.</font></div><div style="line-height:120%;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company makes contractual guarantees to deliver a specified number of impressions to view the customers&#8217; advertising. If the contracted number of impressions are not delivered, the Company will run additional advertising to deliver the contracted impressions at a later date.&#160;&#160;The deferred portion of the revenue associated with undelivered impressions is referred to as a make-good provision. The Company defers the revenue associated with the make-good until the advertising airs to the theater attendance specified in the advertising contract. The make-good provision is recorded within accrued expenses in the Condensed Consolidated Balance Sheet. As of&#160;</font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">&#160;and&#160;</font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had a make-good provision of&#160;$</font><font style="font-family:inherit;font-size:10pt;">4.7</font><font style="font-family:inherit;font-size:10pt;"> million&#160;and&#160;$</font><font style="font-family:inherit;font-size:10pt;">8.0</font><font style="font-family:inherit;font-size:10pt;"> million, respectively.</font></div><div style="line-height:120%;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has certain contracts with&#160;</font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;">-year terms that are noncancelable following a specified date within the contract period.&#160;&#160;The estimated revenue expected to be recognized in the future related to these contracted performance obligations that are unsatisfied (or partially unsatisfied) as of&#160;</font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;">, was&#160;$</font><font style="font-family:inherit;font-size:10pt;">53.3</font><font style="font-family:inherit;font-size:10pt;"> million,&#160;which is expected to be recognized in </font><font style="font-family:inherit;font-size:10pt;">2019</font><font style="font-family:inherit;font-size:10pt;">.&#160;&#160;Agreements with a duration less than one year are not included within this disclosure as the Company elected to use the practical expedient in ASC 606-10-50-14 for those contracts.&#160;&#160;In addition, other of the Company&#8217;s contracts longer than one year that are cancelable are not included within this disclosure.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Disaggregation of Revenue</font></div><div style="line-height:120%;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company disaggregates revenue based upon the type of customer: national; local and regional; and beverage concessionaire. This method of disaggregation is in alignment with how revenue is reviewed by management and discussed with and historically disclosed to investors.</font></div><div style="line-height:120%;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes revenue from contracts with customers for the three months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">National advertising revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Local advertising revenue</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12.8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13.5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Regional advertising revenue</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Founding member advertising revenue from beverage concessionaire agreements</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Deferred Revenue and Unbilled Accounts Receivable</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The changes in deferred revenue for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> were as follows (in millions):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:84%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Times New Roman;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at beginning of period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7.3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Performance obligations satisfied</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">New contract liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6.9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at end of period</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">$7.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$6.0 million</font><font style="font-family:inherit;font-size:10pt;"> in unbilled accounts receivable, respectively.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company derives revenue principally from the advertising business, which includes on-screen and lobby network (LEN) advertising and lobby promotions and advertising on websites and mobile applications owned by NCM LLC and other companies. Revenue is recognized over time as the customer receives the benefits provided by NCM LLC&#8217;s advertising services and the Company has the right to payment for performance to date. The Company considers the terms of each arrangement to determine the appropriate accounting treatment. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other investments consisted of the following (in millions):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;27, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in AC JV, LLC </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other investments </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.2</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:6pt;">&#160;</font></div><div style="line-height:120%;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;">_______________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to Note 5&#8212;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Related Party Transactions</font><font style="font-family:inherit;font-size:10pt;">. This investment is accounted for utilizing the equity method.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities are accounted for at adjusted cost in accordance with the practicability exception under Accounting Standards Update 2016-1, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Recognition and Measurement of Financial Assets and Financial Liabilities</font><font style="font-family:inherit;font-size:10pt;">, and represent an ownership of less than </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;">. The Company does not exert significant influence on these companies&#8217; operating or financial activities.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes NCM LLC&#8217;s total outstanding debt as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> and the significant terms of its borrowing arrangements (in millions):</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Outstanding&#160;Balance&#160;as&#160;of</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Borrowings</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;27, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Maturity</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Date</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Interest</font></div><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Rate</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior secured notes due 2022</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">400.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">400.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">April 15, 2022</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.000%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revolving credit facility</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">37.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">June 20, 2023</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term loan</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">268.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">269.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">June 20, 2025</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior unsecured notes due 2026</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">230.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">August 15, 2026</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.750%</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total borrowings</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">935.7</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">931.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: debt issuance costs related to term loan and senior notes</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7.8</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total borrowings, net</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">928.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">923.6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:9px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: current portion of debt</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying value of long-term debt</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">925.7</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">920.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">___________________________________________________</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:46px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:22px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The interest rates on the revolving credit facility and term loan are described below.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The components of basic and diluted income per NCM, Inc. share are as follows:</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to NCM, Inc. (in millions)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.1</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average shares outstanding:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77,179,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76,640,414</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Add: Dilutive effect of stock options and restricted stock</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77,179,777</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">76,640,414</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Loss per NCM, Inc. share:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.01</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.03</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.01</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.03</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;padding-left:0px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The minimum lease payments under noncancelable operating leases as of December&#160;27, 2018 were as follows (in millions).</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Year</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Minimum&#160;Lease Payments</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Thereafter</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">39.1</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts due to founding members, net as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> were comprised of the following (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Cinemark</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Regal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Theater access fees, net of beverage revenues and other</font></div><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;encumbered theater payments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.6</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Distributions payable to founding members</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Integration payments due from founding members</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total amounts due to founding members, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.9</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.7</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts due to founding members, net as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2018</font><font style="font-family:inherit;font-size:10pt;"> were comprised of the following (in millions):</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Cinemark</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Regal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Theater access fees, net of beverage revenues and other encumbered theater</font></div><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;payments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.0</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.5</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Distributions payable to founding members</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13.7</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Integration payments due from founding members</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total amounts due to founding members, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.3</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15.7</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30.0</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following tables provide summaries of the transactions between the Company and the founding members (in millions):</font></div><div style="line-height:120%;padding-bottom:4px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;font-weight:bold;">Included in the unaudited Condensed Consolidated Statements of Income: </font><font style="font-family:inherit;font-size:8pt;font-style:italic;">(1)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;29, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Revenue:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:36px;text-indent:-6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beverage concessionaire revenue (included in advertising revenue) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.3</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8.0</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Operating expenses:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Theater access fee </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(3)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:36px;text-indent:-6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchase of movie tickets and concession products and rental of theater space (included in selling and marketing costs) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(4)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Non-operating expenses:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest income from notes receivable (included in interest</font></div><div style="text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;income) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(5)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">________________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures within the table above only include related party activity with AMC for the three months ended March 29, 2018.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March&#160;28, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, two of the founding members purchased </font><font style="font-family:inherit;font-size:10pt;">60 seconds</font><font style="font-family:inherit;font-size:10pt;"> of on-screen advertising time and one founding member purchased </font><font style="font-family:inherit;font-size:10pt;">30 seconds</font><font style="font-family:inherit;font-size:10pt;"> (with all three founding members having a right to purchase up to </font><font style="font-family:inherit;font-size:10pt;">90 seconds</font><font style="font-family:inherit;font-size:10pt;">) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;"> seconds equivalent CPM rate specified by the ESA.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company&#8217;s network, including payments for access to higher quality digital cinema equipment. </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Used primarily for marketing to NCM LLC&#8217;s advertising clients.</font></div></td></tr></table><div style="padding-left:4px;padding-bottom:8px;padding-left:24px;text-indent:-24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(5)</font><font style="font-family:inherit;font-size:10pt;">On December 26, 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (AC JV, LLC) owned </font><font style="font-family:inherit;font-size:10pt;">32%</font><font style="font-family:inherit;font-size:10pt;"> by each of the founding members and </font><font style="font-family:inherit;font-size:10pt;">4%</font><font style="font-family:inherit;font-size:10pt;"> by NCM LLC.&#160;&#160;In consideration for the sale, NCM LLC received a total of </font><font style="font-family:inherit;font-size:10pt;">$25.0 million</font><font style="font-family:inherit;font-size:10pt;"> in promissory notes from its founding members (one-third or approximately </font><font style="font-family:inherit;font-size:10pt;">$8.3 million</font><font style="font-family:inherit;font-size:10pt;"> from each founding member).&#160;&#160;The notes bear interest at a fixed rate of </font><font style="font-family:inherit;font-size:10pt;">5.0%</font><font style="font-family:inherit;font-size:10pt;"> per annum, compounded annually.&#160;&#160;Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">As of</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;font-weight:bold;">Included in the unaudited Condensed Consolidated Balance Sheets:</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March&#160;28, <br clear="none"/>2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December&#160;27, <br clear="none"/>2018</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchase of movie tickets and concession products (included in prepaid expenses) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current portion of notes receivable - related parties </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1) (2)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.2</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest receivable on notes receivable (included in other current assets) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1) (2)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-left:30px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Common unit adjustments, net of amortization and integration payments (included in intangible assets) </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(3)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">656.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">657.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current payable to founding members under tax receivable agreement </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)(4)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.9</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.2</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term payable to founding members under tax receivable agreement </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)(4)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143.5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">141.1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;">_________________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:71px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;padding-left:47px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures as of March 28, 2019 and December 27, 2018 do not include AMC.</font><font style="font-family:inherit;font-size:11pt;">&#160; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:71px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:47px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to the discussion of notes receivable from the founding members above.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:71px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:47px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Refer to Note 4&#8212;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangible Assets</font><font style="font-family:inherit;font-size:10pt;"> for further information on common unit adjustments and integration payments. This balance includes common unit adjustments issued to all of the founding members (including AMC) as the Company's intangible balance is considered one asset inclusive of all common unit adjustment activity.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:71px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:47px;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company paid the founding members $</font><font style="font-family:inherit;font-size:10pt;">18.4</font><font style="font-family:inherit;font-size:10pt;"> million in payments pursuant to the TRA during 2018 which was for the 2017 tax year. The payment for 2018 will occur in the second quarter of 2019. </font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Share-Based Compensation</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company has issued stock options and restricted stock to certain employees and restricted stock units to its independent directors. The Company has not granted stock options since 2012.&#160;&#160;In 2018 and 2019, the restricted stock grants for Company management vest upon the achievement of Company performance measures and/or service conditions, while non-management grants vest only upon the achievement of service conditions.&#160;&#160;Compensation expense of restricted stock that vests upon the achievement of Company performance measures is based on management&#8217;s financial projections and the probability of achieving the projections, which require considerable judgment. A cumulative adjustment is recorded to share-based compensation expense in periods that management changes its estimate of the number of shares of restricted stock expected to vest. Ultimately, the Company adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. Dividends are accrued when declared on unvested restricted stock that is expected to vest and are only paid with respect to shares that actually vest.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SUBSEQUENT EVENT</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">May&#160;6, 2019</font><font style="font-family:inherit;font-size:10pt;">, the Company declared a cash dividend of </font><font style="font-family:inherit;font-size:10pt;">$0.17</font><font style="font-family:inherit;font-size:10pt;"> per share (approximately </font><font style="font-family:inherit;font-size:10pt;">$13.1 million</font><font style="font-family:inherit;font-size:10pt;">) on each share of the Company&#8217;s common stock (not including outstanding restricted stock which will accrue dividends until the shares vest) to stockholders of record on </font><font style="font-family:inherit;font-size:10pt;">May&#160;16, 2019</font><font style="font-family:inherit;font-size:10pt;"> to be paid on </font><font style="font-family:inherit;font-size:10pt;">May&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Estimates</font><font style="font-family:inherit;font-size:10pt;">&#8212;The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include those related to the reserve for uncollectible accounts receivable, share-based compensation and income taxes. Actual results could differ from those estimates.</font></div></div> EX-101.SCH 7 ncminc-20190328.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2106100 - Disclosure - Borrowings link:presentationLink link:calculationLink link:definitionLink 2406403 - Disclosure - Borrowings (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Borrowings (Schedule of Outstanding Debt) (Details) link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Borrowings (Schedule of Outstanding Debt) (Details) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - Borrowings (Tables) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 2408404 - Disclosure - Commitments and Contingencies (Future Minimum Lease Payments) (Details) link:presentationLink link:calculationLink link:definitionLink 2408404 - Disclosure - Commitments and Contingencies (Future Minimum Lease Payments) (Details) link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Commitments and Contingencies (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2408403 - Disclosure - Commitments and Contingencies (Operating Lease Cost) (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Commitments and Contingencies (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - The Company link:presentationLink link:calculationLink link:definitionLink 2401404 - Disclosure - The Company (Changes In Equity) (Details) link:presentationLink link:calculationLink link:definitionLink 2401403 - Disclosure - The Company (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2201201 - Disclosure - The Company (Policies) link:presentationLink link:calculationLink link:definitionLink 2301302 - Disclosure - The Company (Tables) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 1003001 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (PARENTHETICAL) link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) link:presentationLink link:calculationLink link:definitionLink 1004501 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) (PARENTHETICAL) (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME link:presentationLink link:calculationLink link:definitionLink 1002501 - Statement - CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (PARENTHETICAL) (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink 0002000 - Document - Document And Entity Information link:presentationLink link:calculationLink link:definitionLink 2109100 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 2409405 - Disclosure - Fair Value Measurements (Estimated Fair Values of Company's Financial Instruments) (Details) link:presentationLink link:calculationLink link:definitionLink 2409407 - Disclosure - Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Additional Information) (Details) link:presentationLink link:calculationLink link:definitionLink 2409406 - Disclosure - Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Details) link:presentationLink link:calculationLink link:definitionLink 2409404 - Disclosure - Fair Value Measurements (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2409408 - Disclosure - Fair Value Measurements (Schedule of Marketable Securities) (Details) link:presentationLink link:calculationLink link:definitionLink 2409403 - Disclosure - Fair Value Measurements (Schedule of Other Investments) (Additional Information) (Details) link:presentationLink link:calculationLink link:definitionLink 2409402 - Disclosure - Fair Value Measurements (Schedule of Other Investments) (Details) link:presentationLink link:calculationLink link:definitionLink 2309301 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 2407401 - Disclosure - Income Taxes (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - Intangible Assets link:presentationLink link:calculationLink link:definitionLink 2404401 - Disclosure - Intangible Assets (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - Loss Per Share link:presentationLink link:calculationLink link:definitionLink 2403403 - Disclosure - Loss Per Share (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2403402 - Disclosure - Loss Per Share (Schedule of Loss Per Share, Basic and Diluted) (Details) link:presentationLink link:calculationLink link:definitionLink 2303301 - Disclosure - Loss Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - Related Party Transactions (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2405408 - Disclosure - Related Party Transactions (Schedule of Amounts Due to Founding Members, Net) (Details) link:presentationLink link:calculationLink link:definitionLink 2405407 - Disclosure - Related Party Transactions (Schedule of Mandatory Distributions to Members) (Details) link:presentationLink link:calculationLink link:definitionLink 2405406 - Disclosure - Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Additional Information) (Details) link:presentationLink link:calculationLink link:definitionLink 2405405 - Disclosure - Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Details) link:presentationLink link:calculationLink link:definitionLink 2405404 - Disclosure - Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Additional Information) (Details) link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Details) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - Related Party Transactions (Tables) link:presentationLink link:calculationLink link:definitionLink 2102100 - Disclosure - Revenue from Contracts with Customers link:presentationLink link:calculationLink link:definitionLink 2402402 - Disclosure - Revenue from Contracts with Customers (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2402403 - Disclosure - Revenue from Contracts with Customers (Remaining Performance Obligations) (Details) link:presentationLink link:calculationLink link:definitionLink 2402405 - Disclosure - Revenue from Contracts with Customers (Summary of Changes in Deferred Revenue) (Details) link:presentationLink link:calculationLink link:definitionLink 2402404 - Disclosure - Revenue from Contracts with Customers (Summary of Revenue from Contracts with Customers) (Details) link:presentationLink link:calculationLink link:definitionLink 2302301 - Disclosure - Revenue from Contracts with Customers (Tables) link:presentationLink link:calculationLink link:definitionLink 2110100 - Disclosure - Subsequent Event link:presentationLink link:calculationLink link:definitionLink 2410401 - Disclosure - Subsequent Event (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 ncminc-20190328_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 9 ncminc-20190328_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 10 ncminc-20190328_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Earnings Per Share [Abstract] Loss Per Share Earnings Per Share [Text Block] Statement of Cash Flows [Abstract] Statement [Table] Statement [Table] Related Party Related Party [Axis] Related Party Related Party [Domain] Founding Members Related Party Founding Members [Member] Related Party Founding Members [Member[ Statement [Line Items] Statement [Line Items] Integration and other encumbered payments, related parties - operating activities Proceeds From Integration And Other Encumbered Theater Payments Made By Affiliates, Operating Activities Proceeds From Integration And Other Encumbered Theater Payments Made By Affiliates, Operating Activities Integration and other encumbered payments, related parties - financing activities Proceeds From Integration And Other Encumbered Theater Payments Made By Affiliates, Financing Activities Payments received from related parties for their acquired theatres that are subject to an existing on-screen advertising contract. Accrued integration and other encumbered theater payments, related parties Accrued Integration And Other Encumbered Theater Payments Due From Founding Members, Financing Activities Accrued integration and other encumbered theater payments due from founding members. Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Fair Value Disclosures [Abstract] Fair Value Measurements, Recurring and Nonrecurring [Table] Fair Value Measurements, Recurring and Nonrecurring [Table] Investment Type Investment Type [Axis] Investments Investments [Domain] Impaired Investments Impaired Investments [Member] Impaired investments. Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Impairment of investment Cost-method Investments, Other than Temporary Impairment Fair value of cost method investment Cost Method Investments, Fair Value Disclosure Promissory notes receivable from founding members Notes Receivable, Related Parties Income Statement [Abstract] Revenue Revenue from Contract with Customer, Excluding Assessed Tax Fees to related parties Related Party Costs Fair Value Measurements Fair Value Disclosures [Text Block] CASH FLOWS FROM OPERATING ACTIVITIES: Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract] Consolidated net loss Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest Adjustments to reconcile consolidated net loss to net cash provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Deferred income tax expense Deferred Income Tax Expense (Benefit) Depreciation expense Depreciation, Depletion and Amortization, Nonproduction Amortization expense Amortization of Intangible Assets Amortization of intangibles recorded for network theater screen leases Amortization of Leased Asset Non-cash share-based compensation Share-based Compensation Impairment on investment Amortization of debt issuance costs Amortization of Debt Issuance Costs Gain on early retirement of debt, net Gain (Loss) on Extinguishment of Debt Non-cash loss (gain) on re-measurement of the payable to founding members under the tax receivable agreement Non Cash Gain Loss On Re Measurement Of Payable To Founding Members Under Tax Sharing Agreement Non-cash gain (loss) on re-measurement of payable to founding members under tax sharing agreement. Other Other Noncash Income (Expense) Founding member integration and other encumbered theater payments (including payments from related parties of $0.4 in 2019) Changes in operating assets and liabilities: Increase (Decrease) in Operating Capital [Abstract] Receivables, net Increase (Decrease) in Accounts Receivable Accounts payable and accrued expenses Increase (Decrease) in Accounts Payable and Accrued Liabilities Amounts due to/from founding members, net Increase (Decrease) in Due to Related Parties, Current Deferred revenue Increase (Decrease) in Contract with Customer, Liability Other, net Increase (Decrease) in Other Operating Assets and Liabilities, Net Net cash provided by operating activities Net Cash Provided by (Used in) Operating Activities, Continuing Operations CASH FLOWS FROM INVESTING ACTIVITIES: Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract] Purchases of property and equipment Payments to Acquire Property, Plant, and Equipment Purchases of marketable securities Payments to Acquire Available-for-sale Securities Proceeds from sale and maturities of marketable securities Proceeds from Sale and Maturity of Debt Securities, Available-for-sale Proceeds from notes receivable - founding members Proceeds from Collection of Long-term Loans to Related Parties Net cash provided by (used in) investing activities Net Cash Provided by (Used in) Investing Activities, Continuing Operations CASH FLOWS FROM FINANCING ACTIVITIES: Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract] Payment of dividends Payments of Ordinary Dividends, Common Stock Proceeds from revolving credit facility Proceeds from Long-term Lines of Credit Repayments of revolving credit facility Repayments of Long-term Lines of Credit Repayments of Notes due 2026 Repayments of Long-term Debt Repayment of term loan facility Repayments of Senior Debt Founding member integration and other encumbered theater payments (including payments from related parties of $9.4 in 2018) Distributions to founding members Payments of Distributions to Affiliates Repurchase of stock for restricted stock tax withholding Payments Related to Tax Withholding for Share-based Compensation Net cash used in financing activities Net Cash Provided by (Used in) Financing Activities, Continuing Operations CHANGE IN CASH AND CASH EQUIVALENTS: Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Cash and cash equivalents at beginning of period Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Cash and cash equivalents at end of period Supplemental disclosure of non-cash financing and investing activity: Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] Purchase of an intangible asset with NCM LLC equity Noncash or Part Noncash Acquisition, Intangible Assets Acquired Accrued distributions to founding members Noncash Distributions To Founding Members Noncash distributions to founding members. Accrued integration and other encumbered theater payments due from founding members (including accrued payments due from related parties of $0.1 and $1.9, respectively) Increase in dividend equivalent accrual not requiring cash in the period Increase Decrease In Dividends Not Requiring Cash Increase decrease in dividends not requiring cash. Supplemental disclosure of cash flow information: Supplemental Cash Flow Information [Abstract] Cash paid for interest Interest Paid, Including Capitalized Interest, Operating and Investing Activities Cash paid for income taxes, net of refunds Income Taxes Paid, Net Fair Value, by Balance Sheet Grouping [Table] Fair Value, by Balance Sheet Grouping [Table] Long-term Debt, Type Long-term Debt, Type [Axis] Long-term Debt, Type Long-term Debt, Type [Domain] Term loan Term Loan [Member] Term loan. Notes due 2022 Senior Notes Due Two Zero Two Two [Member] Senior notes due two zero two two. Notes due 2026 Senior Unsecured Notes Due Two Zero Two Six [Member] Senior unsecured notes due two zero two six. Measurement Basis Measurement Basis [Axis] Fair Value Measurement [Domain] Fair Value Measurement [Domain] Portion at Fair Value Measurement Portion at Fair Value Measurement [Member] Carrying Value Reported Value Measurement [Member] Fair Value Estimate of Fair Value Measurement [Member] Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] Debt Instrument Debt Instrument, Fair Value Disclosure Related Party Transactions [Abstract] Schedule of Related Party Transactions, by Related Party [Table] Schedule of Related Party Transactions, by Related Party [Table] Tax Period [Axis] Tax Period [Axis] Tax Period [Domain] Tax Period [Domain] Related Party Transaction [Line Items] Related Party Transaction [Line Items] Purchase of movie tickets and concession products (included in prepaid expenses) (1) Prepaid Expense, Current Receivables from related parties, current Notes, Loans and Financing Receivable, Net, Current Interest receivable on notes receivable (included in other current assets) Interest Receivable Common unit adjustments, net of amortization and integration payments (included in intangible assets) Finite-Lived Intangible Assets, Net Current payable to founding members under tax receivable agreement Payable To Founding Members Under Tax Sharing Agreement Current Payable to founding members under tax sharing agreement, current. Long-term payable to founding members under tax receivable agreement Payable To Founding Members Under Tax Sharing Agreement Noncurrent Payable to founding members under tax sharing agreement, noncurrent. Range Range [Axis] Range Range [Domain] Minimum Minimum [Member] Maximum Maximum [Member] AMC American Multi Cinema Inc [Member] American Multi-Cinema, Inc. Cinemark Cinemark Holdings Inc [Member] Cinemark holdings, Inc. Regal Regal Entertainment Group [Member] Regal entertainment group. Legal Entity Legal Entity [Axis] Entity Entity [Domain] NCM, LLC. National Cine Media L L C [Member] National CineMedia, LLC. AMC Investment, Name Investment, Name [Axis] Investment, Name Investment, Name [Domain] AC JV, LLC A C J V L L C [Member] AC JV, LLC. On-screen advertising time to satisfy agreement obligations, in seconds Length Of On Screen Advertising Time To Satisfy Agreement Obligations The length of on-screen advertising time to satisfy agreement obligations. Percentage of cash savings related to taxes Percentage Of Cash Savings Related To Taxes Percentage of cash savings related to taxes. Cash payment due to founding members/managing member Distributions Payable Distributions payable. Common stock owned (in shares) Common Stock Owned, Shares Common Stock Owned, Shares Cash dividends on shares of NMC Inc Dividends, Common Stock, Cash Ownership percentage Equity Method Investment, Ownership Percentage Investment in AC JV, LLC Equity Method Investments Equity in earnings of non-consolidated entities Income (Loss) from Equity Method Investments Debt Disclosure [Abstract] Schedule of Outstanding Debt Schedule of Debt [Table Text Block] REVENUE (including revenue from related parties of $5.3 and $8.0, respectively) OPERATING EXPENSES: Operating Expenses [Abstract] Advertising operating costs Cost of Goods and Services Sold Network costs Network Costs Direct costs arising from transactions associated with network operations. These costs are categorized as cost of goods sold. Theater access fees—founding members (including fees to related parties of $12.9 and $20.6, respectively) Theater Access Fees Theater Access Fees Selling and marketing costs Selling and Marketing Expense Administrative and other costs General and Administrative Expense Total Costs and Expenses OPERATING INCOME Operating Income (Loss) NON-OPERATING EXPENSES: Nonoperating Income (Expense) [Abstract] Interest on borrowings Interest Expense, Debt Interest income Interest and Other Income Gain on early retirement of debt, net Loss (gain) on re-measurement of the payable to founding members under the tax receivable agreement Gain (Loss) On Re Measurement Of Payable To Founding Members Under Tax Sharing Agreement Gain (loss) on re-measurement of payable to founding members under tax sharing agreement. Other non-operating income Other Nonoperating Income (Expense) Total Nonoperating Income (Expense) LOSS BEFORE INCOME TAXES Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest Income tax expense (benefit) Income Tax Expense (Benefit) CONSOLIDATED NET LOSS Less: Net loss attributable to noncontrolling interests Net Income (Loss) Attributable to Noncontrolling Interest NET LOSS ATTRIBUTABLE TO NCM, INC. Net Income (Loss) Attributable to Parent COMPREHENSIVE LOSS ATTRIBUTABLE TO NCM, INC. Comprehensive Income (Loss), Net of Tax, Attributable to Parent NET LOSS PER NCM, INC. COMMON SHARE: Basic (in usd per share) Earnings Per Share, Basic Diluted (in usd per share) Earnings Per Share, Diluted WEIGHTED AVERAGE SHARES OUTSTANDING: Weighted Average Number of Shares Outstanding, Diluted [Abstract] Basic (in shares) Weighted Average Number of Shares Outstanding, Basic Diluted (in shares) Weighted Average Number of Shares Outstanding, Diluted Schedule of Loss Per Share, Basic and Diluted Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Statement of Financial Position [Abstract] ASSETS Assets [Abstract] CURRENT ASSETS: Assets, Current [Abstract] Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Short-term marketable securities Debt Securities, Available-for-sale, Current Receivables, net of allowance of $5.8 and $6.0, respectively Accounts Receivable, Net, Current Income tax receivable Income Taxes Receivable, Current Amounts due from founding members, net Due From Founding Members, Current Due From Founding Members, Current Current portion of notes receivable - founding members (including receivables from related parties of $2.8 and $4.2, respectively) Prepaid expenses and other current assets Prepaid Expense and Other Assets, Current Total current assets Assets, Current NON-CURRENT ASSETS: Assets, Noncurrent [Abstract] Property and equipment, net of accumulated depreciation of $64.7 and $62.5, respectively Property, Plant and Equipment, Net Intangible assets, net of accumulated amortization of $179.6 and $172.7, respectively Deferred tax assets, net of valuation allowance of $75.1 and $80.1, respectively Deferred Tax Assets, Net of Valuation Allowance, Noncurrent Other investments Other Long-term Investments Long-term marketable securities Debt Securities, Available-for-sale, Noncurrent Debt issuance costs, net Debt Issuance Costs, Line of Credit Arrangements, Net Other assets Other Assets, Noncurrent Total non-current assets Assets, Noncurrent TOTAL ASSETS Assets LIABILITIES AND EQUITY/(DEFICIT) Liabilities and Equity [Abstract] CURRENT LIABILITIES: Liabilities, Current [Abstract] Amounts due to founding members, net Due to Related Parties, Current Payable to founding members under tax receivable agreement (including payables to related parties of $10.9 and $11.2, respectively) Accrued expenses Accrued Liabilities, Current Accrued payroll and related expenses Employee-related Liabilities, Current Accounts payable Accounts Payable, Current Deferred revenue Contract with Customer, Liability, Current Short-term debt Short-term Debt Other current liabilities Other Liabilities, Current Total current liabilities Liabilities, Current NON-CURRENT LIABILITIES: Liabilities, Noncurrent [Abstract] Long-term debt, net of debt issuance costs of $7.3 and $7.8, respectively Long-term Debt, Excluding Current Maturities Payable to founding members under tax receivable agreement (including payables to related parties of $143.5 and $141.1, respectively) Other liabilities Other Liabilities, Noncurrent Total non-current liabilities Liabilities, Noncurrent Total liabilities Liabilities COMMITMENTS AND CONTINGENCIES (NOTE 8) Commitments and Contingencies EQUITY/(DEFICIT): Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding, respectively Preferred Stock, Value, Issued Common stock, $0.01 par value; 175,000,000 shares authorized, 77,318,971 and 76,976,398 issued and outstanding, respectively Common Stock, Value, Issued Additional paid in capital/(deficit) Additional Paid In Capital And Accumulated Deficit Common Stock Additional paid in capital and accumulated deficit common stock. Retained earnings (distributions in excess of earnings) Retained Earnings (Accumulated Deficit) Total NCM, Inc. stockholders’ equity/(deficit) Stockholders' Equity Attributable to Parent Noncontrolling interests Stockholders' Equity Attributable to Noncontrolling Interest Total equity/(deficit) Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest TOTAL LIABILITIES AND EQUITY/(DEFICIT) Liabilities and Equity Related Party Transactions Related Party Transactions Disclosure [Text Block] Subsequent Events [Abstract] Subsequent Event Subsequent Events [Text Block] Revenue from Contract with Customer [Abstract] Remaining performance obligation Revenue, Remaining Performance Obligation, Amount Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] Revenue from contract, payment due period from the customer Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period Schedule of Related Party Transactions Schedule of Related Party Transactions [Table Text Block] Schedule of Mandatory Distributions to Members Distributions Made to Limited Liability Company (LLC) Member, by Distribution [Table Text Block] Schedule of Amounts Due to Founding Members, Net Schedule of Incentive Distributions Made to Managing Members or General Partners by Distribution [Table Text Block] Future Minimum Lease Payments Under Topic 840 Operating Leases, Future Minimum Payments, Due in Two and Three Years [Abstract] 2019 Operating Leases, Future Minimum Payments, Remainder of Fiscal Year 2020 Operating Leases, Future Minimum Payments, Due in Two Years 2021 Operating Leases, Future Minimum Payments, Due in Three Years 2022 Operating Leases, Future Minimum Payments, Due in Four Years 2023 Operating Leases, Future Minimum Payments, Due in Five Years Thereafter Operating Leases, Future Minimum Payments, Due Thereafter Total Operating Leases, Future Minimum Payments Due Future Minimum Lease Payments Under Topic 842 Operating Lease Liabilities, Payments Due [Abstract] 2019 (March 29, 2019 - December 26, 2019) Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year 2020 Lessee, Operating Lease, Liability, Payments, Due Year Two 2021 Lessee, Operating Lease, Liability, Payments, Due Year Three 2022 Lessee, Operating Lease, Liability, Payments, Due Year Four 2023 Lessee, Operating Lease, Liability, Payments, Due Year Five 2024 Lessee, Operating Lease, Liability, Payments, Due Year Six Lessee, Operating Lease, Liability, Payments, Due Year Six Thereafter Lessee, Operating Lease, Liability, Payments, Due After Year Six Lessee, Operating Lease, Liability, Payments, Due After Year Six Total Lessee, Operating Lease, Liability, Payments, Due Less: Imputed interest on future lease payments Lessee, Operating Lease, Liability, Undiscounted Excess Amount Total lease liability as of March 28, 2019 per the Condensed Consolidated Balance Sheet Operating Lease, Liability One Founding Members One Founding Members [Member] One founding members. Two Founding Members Two Founding Members [Member] Two founding members. Debt Instrument Debt Instrument [Axis] Debt Instrument, Name Debt Instrument, Name [Domain] Promissory Notes Promissory Notes [Member] Promissory notes. On-screen advertising time purchased, in seconds Length Of On Screen Advertising Time Which Founding Members Purchased Length of on screen advertising time which founding members purchased. On-screen advertising time which founding members have right to purchase, in seconds Length Of On Screen Advertising Time Which Founding Members Have Right To Purchase Length of on-screen advertising time which founding members have a right to purchase Interest rate on notes receivable Notes Receivable Stated Interest Rate Notes receivable stated interest rate. Debt payment terms Debt Instrument, Payment Terms Payments to affiliates for tax sharing agreement Payment To Founding Members Under Tax Sharing Arrangement Payment to founding members under tax sharing arrangement. Accounting Policies [Abstract] Net loss attributable to NCM, Inc. NCM LLC equity issued for purchase of intangible asset Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Issuance Of Equity For Purchase Of Intangible Asset Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Issuance Of Equity For Purchase Of Intangible Asset Income tax and other impacts of subsidiary ownership changes Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Income Tax And Other Impacts Of Subsidiary Ownership Change Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Income Tax And Other Impacts Of Subsidiary Ownership Change Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Change Due to Net Income Attributable to Parent and Effects of Changes, Net Schedule of Fair Value of Separate Accounts by Major Category of Investment [Table] Schedule of Fair Value of Separate Accounts by Major Category of Investment [Table] Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items] Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items] Other investments Cost Method Investments Total other investments Income Tax Disclosure [Abstract] Income Taxes Income Tax Disclosure [Text Block] Schedule of Available-for-sale Securities [Table] Schedule of Available-for-sale Securities [Table] Investment Securities Class Investment Securities Class [Axis] Investment Securities Class Investment Securities Class [Domain] Short-term Marketable Securities Short Term Marketable Securities [Member] Short-term marketable securities. Long-term Marketable Securities Long Term Marketable Securities [Member] Long-term marketable securities. Municipal Bonds Municipal Bonds [Member] U.S. Government Agency Bonds US Government Agencies Debt Securities [Member] Short-Term U.S. Government Treasury Bonds US Government Treasury Debt Securities [Member] US Government Treasury Debt Securities [Member] Certificates of Deposit Certificates of Deposit [Member] Financial Commercial Paper Commercial Paper Financial [Member] Commercial paper financial. Industrial Commercial Paper Commercial Paper Industrial [Member] Commercial paper industrial. Financial Certificates Of Deposit Financial Certificates Of Deposit [Member] Financial certificates of deposit. Debt Securities, Available-for-sale [Line Items] Debt Securities, Available-for-sale [Line Items] Amortized Cost Basis Debt Securities, Available-for-sale, Amortized Cost Aggregate Fair Value - Short term marketable securities Aggregate Fair Value - Long term marketable securities Aggregate Fair Value - Total marketable securities Debt Securities, Available-for-sale Maturities Available-For-Sale Debt Securities, Maturity Available-For-Sale Debt Securities, Maturity NCM Inc. National Cine Media Inc [Member] National CineMedia, Inc. Cash distributions declared to members Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Declared Subsequent Event [Table] Subsequent Event [Table] Subsequent Event Type Subsequent Event Type [Axis] Subsequent Event Type Subsequent Event Type [Domain] Subsequent Event Subsequent Event [Member] Subsequent Events [Line Items] Subsequent Event [Line Items] Cash dividends declared (in usd per share) Dividends Payable, Amount Per Share Dividends payable Dividends Payable Summary of Revenue from Contracts with Customers Disaggregation of Revenue [Table Text Block] Summary of Changes in Deferred Revenue Contract with Customer, Asset and Liability [Table Text Block] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Credit Facility Credit Facility [Axis] Credit Facility Credit Facility [Domain] Revolving credit facility Revolving Credit Facility [Member] Short-term Debt, Type Short-term Debt, Type [Axis] Short-term Debt, Type Short-term Debt, Type [Domain] Letter of Credit Letter of Credit [Member] Variable Rate Variable Rate [Axis] Variable Rate Variable Rate [Domain] LIBOR London Interbank Offered Rate (LIBOR) [Member] Base Rate Base Rate [Member] Senior Secured Credit Facility Senior Secured Credit Facility [Member] Senior secured credit facility. Senior secured notes due 2022 Senior unsecured notes due 2026 Debt Instrument [Line Items] Debt Instrument [Line Items] Borrowing amount of credit facility Line of Credit Facility, Maximum Borrowing Capacity Debt Instrument, carrying value Long-term Debt, Gross Remaining borrowing capacity of credit facility Line of Credit Facility, Remaining Borrowing Capacity Outstanding letters of credit Long-term Line of Credit Unused line fee, percent Line of Credit Facility, Commitment Fee Percentage Basis spread on variable rate, percent Debt Instrument, Basis Spread on Variable Rate Cash and cash equivalents used in determining senior secured leverage ratio Debt Instrument, Senior Secured Leverage Ratio, Cash And Cash Equivalents Basis Debt Instrument, Senior Secured Leverage Ratio, Cash And Cash Equivalents Basis Weighted-average interest rate Debt, Weighted Average Interest Rate Amortization rate Debt Instrument, Amortization Rate Debt Instrument, Amortization Rate Repayment of term loan facility Net total leverage ratio, covenant Debt Instrument, Covenant, Net Total Leverage Ratio Debt Instrument, Covenant, Net Total Leverage Ratio Net senior secured leverage ratio Debt Instrument, Dividend Restriction, Net Senior Secured Leverage Ratio Debt Instrument, Dividend Restriction, Net Senior Secured Leverage Ratio Senior secured leverage ratio Senior Secured Leverage Ratio Senior secured leverage ratio. Net total leverage ratio Debt Instrument, Net Total Leverage Ratio Debt Instrument, Net Total Leverage Ratio Debt instrument face amount Debt Instrument, Face Amount Stated interest rate Debt Instrument, Interest Rate, Stated Percentage Debt instrument, frequency of periodic payment Debt Instrument, Frequency of Periodic Payment Debt instrument issued percentage of face value Debt Instrument Issued Percentage Of Face Value Debt instrument issued percentage of face value. Debt instrument, repurchase amount Debt Instrument, Repurchase Amount Write-off of debt issuance costs Write off of Deferred Debt Issuance Cost Income Tax Contingency [Table] Income Tax Contingency [Table] Income Tax Authority [Axis] Income Tax Authority [Axis] Income Tax Authority [Domain] Income Tax Authority [Domain] State and Federal State And Federal [Member] State And Federal [Member] Income Tax Contingency [Line Items] Income Tax Contingency [Line Items] Effective tax rate Effective Income Tax Rate Reconciliation, Percent Allowance for doubtful accounts receivable Allowance for Doubtful Accounts Receivable, Current Accumulated depreciation, property and equipment Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Accumulated amortization, intangible assets Finite-Lived Intangible Assets, Accumulated Amortization Deferred tax assets, valuation allowance Deferred Tax Assets, Valuation Allowance Debt issuance costs, long-term Debt Issuance Costs, Noncurrent, Net Preferred stock, par value (in usd per share) Preferred Stock, Par or Stated Value Per Share Preferred stock, shares authorized (in shares) Preferred Stock, Shares Authorized Preferred stock, shares issued (in shares) Preferred Stock, Shares Issued Preferred stock, shares outstanding (in shares) Preferred Stock, Shares Outstanding Common stock, par value (in usd per share) Common Stock, Par or Stated Value Per Share Common stock, shares authorized (in shares) Common Stock, Shares Authorized Common stock, shares issued (in shares) Common Stock, Shares, Issued Common stock, shares outstanding (in shares) Common Stock, Shares, Outstanding Contract Liabilities Contract Liabilities [Roll Forward] Contract Liabilities [Roll Forward] Balance at beginning of period Performance obligations satisfied Contract with Customer, Liability, Change in Timeframe, Performance Obligation Satisfied, Revenue Recognized New contract liabilities Contract with Customer, Liability, New Contract Liabilities Contract with Customer, Liability, New Contract Liabilities Balance at end of period Changes In Equity Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table Text Block] Other Commitments [Table] Other Commitments [Table] Other Commitments [Line Items] Other Commitments [Line Items] Operating lease, right-of-use asset Operating Lease, Right-of-Use Asset Short-term lease liability Operating Lease, Liability, Current Long-term lease liability Operating Lease, Liability, Noncurrent Weighted average remaining lease term Operating Lease, Weighted Average Remaining Lease Term Operating lease payments Operating Lease, Payments Weighted average discount rate Operating Lease, Weighted Average Discount Rate, Percent Maximum potential payment Guarantor Obligations, Maximum Exposure, Undiscounted Range of terms, in years Revenue Guarantee Period Revenue guarantee period. Additional amount accrued related to minimum guarantees Guarantor Obligations, Maximum Exposure, Undiscounted, Additional Amount Accrued Guarantor Obligations, Maximum Exposure, Undiscounted, Additional Amount Accrued Liabilities recorded for related party obligations Guarantor Obligations, Current Carrying Value Percentage of increase in payment per theatre patron Percentage Of Increase In Payment Per Theater Patron Percentage of increase in payment per theater patron. Term of increase in payment percentage per theater patron Period Of Increase In Payment On Theater Patron Period of increase in payment on per theater patron. Percentage of increase in payment per digital screen and digital cinema equipment Percentage Of Increase In Payment Per Digital Screen And Digital Cinema Equipment Percentage of increase in payment per digital screen and digital cinema equipment. Aggregate percentage of theater access fee paid Percentage Of Theater Access Fee Paid Percentage of theater access fee paid. Goodwill and Intangible Assets Disclosure [Abstract] Schedule of Finite-Lived Intangible Assets [Table] Schedule of Finite-Lived Intangible Assets [Table] AMC and Cinemark American Multi Cinema Inc And Cinemark Holdings Inc [Member] American Multi-Cinema, Inc. and Cinemark Holdings, Inc. Finite-Lived Intangible Assets [Line Items] Finite-Lived Intangible Assets [Line Items] Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur Percentage Increase Decrease In Theater Attendance For Common Unit Adjustment To Occur Percentage change in theater attendance for Common Unit adjustment to occur. Common membership units issued, net of returned Common Membership Units Issued Net Of Units Surrendered Common membership units issued net of units surrendered. Increase (decrease) in intangible assets, net Finite-Lived Intangible Assets, Period Increase (Decrease) Common membership units issued Common Membership Units Issued Common membership units issued. Common membership units returned Common Membership Units Returned Common membership units returned. Lease Cost Lease, Cost [Table Text Block] Future Minimum Lease Payments Under Topic 840 Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] Future Minimum Lease Payments Under Topic 842 Lessee, Operating Lease, Liability, Maturity [Table Text Block] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Class of Stock Class of Stock [Axis] Class of Stock Class of Stock [Domain] Common Units Common Units [Member] Common units. Antidilutive Securities Antidilutive Securities [Axis] Antidilutive Securities, Name Antidilutive Securities, Name [Domain] Stock Options And Non-Vested Restricted Stock Stock Options And Non Vested Restricted Stock [Member] Stock options and non-vested restricted stock. Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Shares excluded from the calculation of diluted weighted average shares Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Schedule of Other Assets Schedule of Cost Method Investments [Table Text Block] Estimated Fair Values of Company's Financial Instruments Fair Value, by Balance Sheet Grouping [Table Text Block] Fair Values of the Company's Assets Fair Value, Assets Measured on Recurring Basis [Table Text Block] Schedule of Marketable Securities Debt Securities, Available-for-sale [Table Text Block] Statement of Stockholders' Equity [Abstract] Dividends per share (in usd per share) Common Stock, Dividends, Per Share, Declared Basis of Presentation Basis of Accounting, Policy [Policy Text Block] Estimates Use of Estimates, Policy [Policy Text Block] Revenue Recognition Revenue Recognition, Policy [Policy Text Block] Concentration of Credit Risk and Significant Customers Concentration Of Credit Risk And Significant Customers Policy [Text Block] Disclosure of accounting policy for concentration of credit risk and significant customers. Share-Based Compensation Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] Consolidation Consolidation, Policy [Policy Text Block] Recently Adopted Accounting Pronouncements Recently Adopted Accounting Pronouncements Policy [Text Block] Recently adopted accounting pronouncements. Recently Issued Accounting Pronouncements Recently Issued Accounting Pronouncements Policy [Text Block] Recently issued accounting pronouncements. The Company Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block] Fair Value, Hierarchy Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy Fair Value Hierarchy and NAV [Domain] Quoted Prices in Active Markets for Identical Assets (Level 1) Fair Value, Inputs, Level 1 [Member] Significant Other Observable Inputs (Level 2) Fair Value, Inputs, Level 2 [Member] Measurement Frequency Measurement Frequency [Axis] Fair Value, Measurement Frequency Fair Value, Measurement Frequency [Domain] Fair Value, Measurements, Recurring Fair Value, Measurements, Recurring [Member] Cash equivalents Cash and Cash Equivalents, Fair Value Disclosure Total assets Assets, Fair Value Disclosure Disaggregation of Revenue [Table] Disaggregation of Revenue [Table] Products and Services Product and Service [Axis] Products and Services Product and Service [Domain] National advertising revenue National Advertising Revenue [Member] National advertising revenue. Local advertising revenue Local Advertising Revenue [Member] Local Advertising Revenue [Member] Regional advertising revenue Regional Advertising Revenue [Member] Regional Advertising Revenue [Member] Founding member advertising revenue from beverage concessionaire agreements Founding Member Advertising Revenue From Beverage Concessionaire Agreements [Member] Founding member advertising revenue from beverage concessionaire agreements. Disaggregation of Revenue [Line Items] Disaggregation of Revenue [Line Items] Operating Lease, Cost Operating Lease, Cost Short-term Lease, Cost Short-term Lease, Cost Variable Lease, Cost Variable Lease, Cost Lease, Cost Lease, Cost Equity Components Equity Components [Axis] Equity Component Equity Component [Domain] Common Stock Common Stock [Member] Additional Paid in Capital (Deficit) Additional Paid-in Capital [Member] Retained Earnings (Distribution in Excess of Earnings) Retained Earnings [Member] Noncontrolling Interest Noncontrolling Interest [Member] Balance Balance (in shares) Cumulative-effect adjustment for adoption of ASU 2014-09 Cumulative Effect of New Accounting Principle in Period of Adoption Distributions to founding members Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders NCM LLC equity issued for purchase of intangible asset Noncontrolling Interest, Increase from Subsidiary Equity Issuance Income tax and other impacts of NCM LLC ownership changes Adjustments to Additional Paid in Capital, Other Comprehensive loss, net of tax Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Share-based compensation issued Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures Share-based compensation issued (in shares) Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures Share-based compensation expense/capitalized Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition Cash dividends declared Balance Balance (in shares) Make-good provision Accrued Reserves Accrued reserves. Noncancelable contract terms Noncancelable Contract Terms Noncancelable contract terms. Estimated revenue to be recognized on noncancelable leases Unbilled accounts receivable Unbilled Contracts Receivable Revenue from Contracts with Customers Revenue from Contract with Customer [Text Block] Gross unrealized losses related to individual securities Debt Securities, Available-for-sale, Unrealized Loss Gross unrealized losses related to individual securities had been in continuous loss position for 12 months or longer Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss Theater access fee Interest income from notes receivable (included in interest income) Interest Income, Related Party Net loss attributable to NCM, Inc. (in millions) Weighted average shares outstanding: Add: Dilutive effect of stock options and restricted stock (in shares) Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements Diluted (in shares) Loss per NCM, Inc. share: Earnings Per Share, Diluted [Abstract] General Company Information [Table] General Company Information [Table] General company information. Adjustments for New Accounting Pronouncements Adjustments for New Accounting Pronouncements [Axis] Type of Adoption Type of Adoption [Domain] Accounting Standards Update 2016-02 Accounting Standards Update 2016-02 [Member] General Company Information [Line Items] General Company Information [Line Items] General company information. Remaining term (in years) Agreement With Founding Members, Remaining Term Agreement With Founding Members, Remaining Term Range of long-term network affiliate agreement terms, in years Agreements With Long-Term Network Affiliates, Term Agreements With Long-Term Network Affiliates, Term Common membership units outstanding Units of Partnership Interest, Amount Percentage of common membership units outstanding Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest Membership units exchangeable into common stock ratio Membership Units Conversion Ratio Membership units conversion ratio. Number of reportable segment Number of Reportable Segments Number of shares of restricted stock and stock units vested Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Reversal of related deferred rent liability Deferred Rent Credit, Noncurrent Document And Entity Information [Abstract] Document And Entity Information [Abstract] Document Type Document Type Amendment Flag Amendment Flag Document Period End Date Document Period End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Trading Symbol Trading Symbol Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Entity Filer Category Entity Filer Category Entity Emerging Growth Company Entity Emerging Growth Company Entity Small Business Entity Small Business Current Fiscal Year End Date Current Fiscal Year End Date Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Theater access fees, net of beverage revenues and other encumbered theater payments Theater Access Fees Net Of Beverage Revenues And Other Encumbered Theaters Payments Theater access fees net of beverage revenues and other encumbered theaters payments. Distributions payable to founding members Integration payments due from founding members Integration Payments Due From Related Parties Integration payments due from related parties. Total amounts due to founding members, net Related Party Transaction, Due from (to) Related Party Borrowings Debt Disclosure [Text Block] Cost-method ownership percentage Cost Method Investment Ownership Percentage Cost method investment ownership percentage. Outstanding borrowings Debt issuance costs, long-term Long-term Debt Long-term Debt Carrying value of long-term debt Less: current portion of debt Long-term Debt, Current Maturities Interest Rate Tax Year 2017 Tax Year 2017 [Member] Intangible Assets Intangible Assets Disclosure [Text Block] EX-101.PRE 11 ncminc-20190328_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 12 ncma08.jpg begin 644 ncma08.jpg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end XML 13 R1.htm IDEA: XBRL DOCUMENT v3.19.1
Document And Entity Information - shares
 3 Months Ended
Mar. 28, 2019
May 01, 2019
Document And Entity Information [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Mar. 28, 2019  
Document Fiscal Year Focus 2019  
Document Fiscal Period Focus Q1  
Trading Symbol NCMI  
Entity Registrant Name National CineMedia, Inc.  
Entity Central Index Key 0001377630  
Entity Filer Category Accelerated Filer  
Entity Emerging Growth Company false  
Entity Small Business false  
Current Fiscal Year End Date --12-26  
Entity Common Stock, Shares Outstanding   78,967,806
XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 64.0 $ 41.4
Short-term marketable securities 8.3 24.0
Receivables, net of allowance of $5.8 and $6.0, respectively 105.6 149.9
Income tax receivable 0.1 0.3
Amounts due from founding members, net 0.3 5.8
Current portion of notes receivable - founding members (including receivables from related parties of $2.8 and $4.2, respectively) 4.2 5.6
Prepaid expenses and other current assets 4.7 3.9
Total current assets 187.2 230.9
NON-CURRENT ASSETS:    
Property and equipment, net of accumulated depreciation of $64.7 and $62.5, respectively 32.2 33.6
Intangible assets, net of accumulated amortization of $179.6 and $172.7, respectively 682.7 684.5
Deferred tax assets, net of valuation allowance of $75.1 and $80.1, respectively 174.6 173.9
Other investments 3.2 3.0
Long-term marketable securities 10.1 10.2
Debt issuance costs, net 4.7 5.0
Other assets 23.2 0.7
Total non-current assets 930.7 910.9
TOTAL ASSETS 1,117.9 1,141.8
CURRENT LIABILITIES:    
Amounts due to founding members, net 8.6 30.0
Payable to founding members under tax receivable agreement (including payables to related parties of $10.9 and $11.2, respectively) 15.3 15.5
Accrued expenses 20.9 21.7
Accrued payroll and related expenses 6.5 15.3
Accounts payable 13.3 18.0
Deferred revenue 6.9 7.3
Short-term debt 2.7 2.7
Other current liabilities 1.3 0.0
Total current liabilities 75.5 110.5
NON-CURRENT LIABILITIES:    
Long-term debt, net of debt issuance costs of $7.3 and $7.8, respectively 925.7 920.9
Payable to founding members under tax receivable agreement (including payables to related parties of $143.5 and $141.1, respectively) 197.1 195.6
Other liabilities 24.3 4.0
Total non-current liabilities 1,147.1 1,120.5
Total liabilities 1,222.6 1,231.0
COMMITMENTS AND CONTINGENCIES (NOTE 8)
EQUITY/(DEFICIT):    
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding, respectively 0.0 0.0
Common stock, $0.01 par value; 175,000,000 shares authorized, 77,318,971 and 76,976,398 issued and outstanding, respectively 0.8 0.8
Additional paid in capital/(deficit) (213.6) (215.2)
Retained earnings (distributions in excess of earnings) (168.0) (153.6)
Total NCM, Inc. stockholders’ equity/(deficit) (380.8) (368.0)
Noncontrolling interests 276.1 278.8
Total equity/(deficit) (104.7) (89.2)
TOTAL LIABILITIES AND EQUITY/(DEFICIT) $ 1,117.9 $ 1,141.8
XML 15 R3.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
Allowance for doubtful accounts receivable $ 5.8 $ 6.0
Receivables from related parties, current 4.2 5.6
Accumulated depreciation, property and equipment 64.7 62.5
Accumulated amortization, intangible assets 179.6 172.7
Deferred tax assets, valuation allowance 75.1 80.1
Current payable to founding members under tax receivable agreement 15.3 15.5
Long-term payable to founding members under tax receivable agreement 197.1 195.6
Debt issuance costs, long-term $ 7.3 $ 7.8
Preferred stock, par value (in usd per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 10,000,000 10,000,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 175,000,000 175,000,000
Common stock, shares issued (in shares) 77,318,971 76,976,398
Common stock, shares outstanding (in shares) 77,318,971 76,976,398
Founding Members    
Receivables from related parties, current $ 2.8 $ 4.2
Current payable to founding members under tax receivable agreement 10.9 11.2
Long-term payable to founding members under tax receivable agreement $ 143.5 $ 141.1
XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Income Statement [Abstract]    
REVENUE (including revenue from related parties of $5.3 and $8.0, respectively) $ 76.9 $ 80.2
OPERATING EXPENSES:    
Advertising operating costs 7.3 7.0
Network costs 3.5 3.5
Theater access fees—founding members (including fees to related parties of $12.9 and $20.6, respectively) 19.1 20.6
Selling and marketing costs 15.2 16.0
Administrative and other costs 10.7 12.6
Amortization expense 0.0 6.7
Depreciation expense 3.3 2.8
Amortization of intangibles recorded for network theater screen leases 6.9 0.0
Total 66.0 69.2
OPERATING INCOME 10.9 11.0
NON-OPERATING EXPENSES:    
Interest on borrowings 14.4 13.8
Interest income (0.5) (0.2)
Gain on early retirement of debt, net (0.3) 0.0
Loss (gain) on re-measurement of the payable to founding members under the tax receivable agreement 0.7 (0.1)
Other non-operating income (0.2) 0.0
Total 14.1 13.5
LOSS BEFORE INCOME TAXES (3.2) (2.5)
Income tax expense (benefit) (0.6) 1.0
CONSOLIDATED NET LOSS (2.6) (3.5)
Less: Net loss attributable to noncontrolling interests (1.5) (1.6)
NET LOSS ATTRIBUTABLE TO NCM, INC. (1.1) (1.9)
COMPREHENSIVE LOSS ATTRIBUTABLE TO NCM, INC. $ (1.1) $ (1.9)
NET LOSS PER NCM, INC. COMMON SHARE:    
Basic (in usd per share) $ (0.01) $ (0.03)
Diluted (in usd per share) $ (0.01) $ (0.03)
WEIGHTED AVERAGE SHARES OUTSTANDING:    
Basic (in shares) 77,179,777 76,640,414
Diluted (in shares) 77,179,777 76,640,414
XML 17 R5.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (PARENTHETICAL) (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Revenue $ 76.9 $ 80.2
Founding Members    
Revenue 5.3 8.0
Fees to related parties $ 12.9 $ 20.6
XML 18 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net loss $ (2.6) $ (3.5)
Adjustments to reconcile consolidated net loss to net cash provided by operating activities:    
Deferred income tax expense (0.7) 0.7
Depreciation expense 3.3 2.8
Amortization expense 0.0 6.7
Amortization of intangibles recorded for network theater screen leases 6.9 0.0
Non-cash share-based compensation 0.8 2.8
Impairment on investment 0.0 0.4
Amortization of debt issuance costs 0.6 0.7
Gain on early retirement of debt, net (0.3) 0.0
Non-cash loss (gain) on re-measurement of the payable to founding members under the tax receivable agreement 0.7 (0.1)
Other (0.9) 0.0
Founding member integration and other encumbered theater payments (including payments from related parties of $0.4 in 2019) 8.1 0.0
Changes in operating assets and liabilities:    
Receivables, net 44.3 45.5
Accounts payable and accrued expenses (11.5) (5.8)
Amounts due to/from founding members, net 0.3 0.1
Deferred revenue (0.5) (1.0)
Other, net (2.5) 0.2
Net cash provided by operating activities 46.0 49.5
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (2.9) (3.5)
Purchases of marketable securities (2.9) (7.9)
Proceeds from sale and maturities of marketable securities 19.4 2.0
Proceeds from notes receivable - founding members 1.4 0.0
Net cash provided by (used in) investing activities 15.0 (9.4)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of dividends (14.0) (15.0)
Proceeds from revolving credit facility 62.0 58.0
Repayments of revolving credit facility (52.0) (37.0)
Repayments of Notes due 2026 (4.6) 0.0
Repayment of term loan facility (0.7) 0.0
Founding member integration and other encumbered theater payments (including payments from related parties of $9.4 in 2018) 0.0 9.4
Distributions to founding members (27.9) (37.6)
Repurchase of stock for restricted stock tax withholding (1.2) (2.1)
Net cash used in financing activities (38.4) (24.3)
CHANGE IN CASH AND CASH EQUIVALENTS: 22.6 15.8
Cash and cash equivalents at beginning of period 41.4 30.2
Cash and cash equivalents at end of period 64.0 46.0
Supplemental disclosure of non-cash financing and investing activity:    
Purchase of an intangible asset with NCM LLC equity 7.6 15.9
Accrued distributions to founding members 6.1 8.4
Accrued integration and other encumbered theater payments due from founding members (including accrued payments due from related parties of $0.1 and $1.9, respectively) 2.2 1.9
Increase in dividend equivalent accrual not requiring cash in the period 0.1 0.2
Supplemental disclosure of cash flow information:    
Cash paid for interest 10.9 11.6
Cash paid for income taxes, net of refunds $ 0.0 $ 0.1
XML 19 R7.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (PARENTHETICAL) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Integration and other encumbered payments, related parties - operating activities $ 8.1 $ 0.0
Integration and other encumbered payments, related parties - financing activities 0.0 9.4
Accrued integration and other encumbered theater payments, related parties 2.2 1.9
Founding Members    
Integration and other encumbered payments, related parties - operating activities 0.4 0.0
Integration and other encumbered payments, related parties - financing activities 0.0 9.4
Accrued integration and other encumbered theater payments, related parties $ 0.1 $ 1.9
XML 20 R8.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid in Capital (Deficit)
Retained Earnings (Distribution in Excess of Earnings)
Noncontrolling Interest
Balance at Dec. 28, 2017 $ (74.8) $ 0.8 $ (233.1) $ (130.2) $ 287.7
Balance (in shares) at Dec. 28, 2017   76,242,222      
Distributions to founding members (8.4)       (8.4)
NCM LLC equity issued for purchase of intangible asset 15.9   7.7   8.2
Income tax and other impacts of NCM LLC ownership changes (0.8)   (3.7)   2.9
Comprehensive loss, net of tax (3.5)     (1.9) (1.6)
Share-based compensation issued (2.1)   (2.1)    
Share-based compensation issued (in shares)   661,933      
Share-based compensation expense/capitalized 2.8   1.9   0.9
Cash dividends declared (13.3)     (13.3)  
Balance at Mar. 29, 2018 (84.4) $ 0.8 (229.3) (145.6) 289.7
Balance (in shares) at Mar. 29, 2018   76,904,155      
Balance at Dec. 27, 2018 $ (89.2) $ 0.8 (215.2) (153.6) 278.8
Balance (in shares) at Dec. 27, 2018 76,976,398 76,976,398      
Distributions to founding members $ (6.1)       (6.1)
NCM LLC equity issued for purchase of intangible asset 7.6   3.7   3.9
Income tax and other impacts of NCM LLC ownership changes (0.7)   (1.4)   0.7
Comprehensive loss, net of tax (2.6)     (1.1) (1.5)
Share-based compensation issued (1.2)   (1.2)    
Share-based compensation issued (in shares)   342,573      
Share-based compensation expense/capitalized 0.8   0.5   0.3
Cash dividends declared (13.3)     (13.3)  
Balance at Mar. 28, 2019 $ (104.7) $ 0.8 $ (213.6) $ (168.0) $ 276.1
Balance (in shares) at Mar. 28, 2019 77,318,971 77,318,971      
XML 21 R9.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) (PARENTHETICAL) (UNAUDITED) - $ / shares
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Statement of Stockholders' Equity [Abstract]    
Dividends per share (in usd per share) $ 0.17 $ 0.17
XML 22 R10.htm IDEA: XBRL DOCUMENT v3.19.1
The Company
 3 Months Ended
Mar. 28, 2019
Accounting Policies [Abstract]  
The Company
THE COMPANY
Description of Business
National CineMedia, Inc. (“NCM, Inc.”) was incorporated in Delaware as a holding company with the sole purpose of becoming a member and sole manager of National CineMedia, LLC (“NCM LLC”), a limited liability company owned by NCM, Inc., Regal Cinemas, Inc. and Regal CineMedia Holdings, LLC, wholly owned subsidiaries of Cineworld Group plc and Regal Entertainment Group (“Regal”), Cinemark Media, Inc. and Cinemark USA, Inc., wholly owned subsidiaries of Cinemark Holdings, Inc. (“Cinemark”) and American Multi-Cinema, Inc. and AMC ShowPlace Theatres, Inc., wholly owned subsidiaries of AMC Entertainment, Inc. (“AMC”).  The terms “NCM”, “the Company” or “we” shall, unless the context otherwise requires, be deemed to include the consolidated entity. AMC, Regal, Cinemark and their affiliates are referred to in this document as “founding members”. 
 NCM LLC operates the largest cinema advertising network reaching movie audiences in North America, allowing NCM LLC to sell advertising under long-term exhibitor services agreements (“ESAs”) with the founding members (approximately 18 years remaining as of March 28, 2019) and certain third-party theater circuits, referred to in this document as “network affiliates” under long-term network affiliate agreements, which have terms from one to twenty years.
As of March 28, 2019, NCM LLC had 159,024,458 common membership units outstanding, of which 77,318,971 (48.6%) were owned by NCM, Inc., 41,770,669 (26.3%) were owned by Regal, 39,737,700 (25.0%) were owned by Cinemark and 197,118 (0.1%) were owned by AMC. The membership units held by the founding members are exchangeable into NCM, Inc. common stock on a one-for-one basis.
Basis of Presentation
The Company has prepared the unaudited Condensed Consolidated Financial Statements and related notes of NCM, Inc. in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain reclassifications have been made to the prior year's financial statements to conform to the current presentation (refer to the Condensed Consolidated Statements of Income and Condensed Consolidated Statement of Cash Flows, whereby the Company presented depreciation expense and amortization expense as two separate lines). Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report.  The balance sheet as of December 27, 2018 is derived from the audited financial statements of NCM, Inc.  Therefore, the unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s annual report on Form 10-K filed for the fiscal year ended December 27, 2018.
In the opinion of management, all adjustments necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made.  The Company’s business is seasonal and for this and other reasons operating results for interim periods may not be indicative of the Company’s full year results or future performance. As a result of the various related party agreements discussed in Note 5—Related Party Transactions, the operating results as presented are not necessarily indicative of the results that might have occurred if all agreements were with non-related third parties.  The Company manages its business under one reportable segment of advertising.
Estimates—The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include those related to the reserve for uncollectible accounts receivable, share-based compensation and income taxes. Actual results could differ from those estimates.
Significant Accounting Policies
The Company’s annual financial statements included in its Form 10-K filed for the fiscal year ended December 27, 2018 contain a complete discussion of the Company’s significant accounting policies. Following is additional information related to the Company’s accounting policies.
Revenue Recognition—The Company derives revenue principally from the advertising business, which includes on-screen and lobby network (LEN) advertising and lobby promotions and advertising on websites and mobile applications owned by NCM LLC and other companies. Revenue is recognized over time as the customer receives the benefits provided by NCM LLC’s advertising services and the Company has the right to payment for performance to date. The Company considers the terms of each arrangement to determine the appropriate accounting treatment.
Concentration of Credit Risk and Significant Customers—Bad debts are provided for using the allowance for doubtful accounts method based on historical experience and management’s evaluation of outstanding receivables at the end of the period. Receivables are written off when management determines amounts are uncollectible. Trade accounts receivable are uncollateralized and represent a large number of geographically dispersed debtors. The collectability risk with respect to national and regional advertising is reduced by transacting with founding members or large, national advertising agencies that have strong reputations in the advertising industry and clients with stable financial positions. The Company has smaller contracts with thousands of local clients that are not individually significant. As of March 28, 2019 and December 27, 2018, there were no advertising agency groups or individual customers through which the Company sources national advertising revenue representing more than 10% of the Company’s outstanding gross receivable balance.  During the three months ended March 28, 2019 and March 29, 2018, the Company had no customers that accounted for more than 10% of revenue.
Share-Based Compensation—The Company has issued stock options and restricted stock to certain employees and restricted stock units to its independent directors. The Company has not granted stock options since 2012.  In 2018 and 2019, the restricted stock grants for Company management vest upon the achievement of Company performance measures and/or service conditions, while non-management grants vest only upon the achievement of service conditions.  Compensation expense of restricted stock that vests upon the achievement of Company performance measures is based on management’s financial projections and the probability of achieving the projections, which require considerable judgment. A cumulative adjustment is recorded to share-based compensation expense in periods that management changes its estimate of the number of shares of restricted stock expected to vest. Ultimately, the Company adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. Dividends are accrued when declared on unvested restricted stock that is expected to vest and are only paid with respect to shares that actually vest.  During the three months ended March 28, 2019 and March 29, 2018, 511,996 and 956,239 shares of restricted stock and restricted stock units vested, respectively.
Consolidation—NCM, Inc. consolidates the accounts of NCM LLC under the provisions of ASC 810, Consolidation (“ASC 810”).  The following table presents the changes in NCM, Inc.’s equity resulting from net loss attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
Net loss attributable to NCM, Inc.
$
(1.1
)
 
$
(1.9
)
NCM LLC equity issued for purchase of intangible asset
3.7

 
7.7

Income tax and other impacts of subsidiary ownership changes
(1.4
)
 
(3.7
)
Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests
$
1.2

 
$
2.1

 
Recently Adopted Accounting Pronouncements
During the first quarter of 2019, the Company adopted Accounting Standards Update 2016-2 and subsequent amendments, Leases (Topic 842) (together “ASC 842”) utilizing the Comparatives Under 840 option where only the current period financial statements and related disclosures are presented in accordance with the new standard. As of the adoption date of December 28, 2018 the Company recognized the following on the unaudited Condensed Consolidated Balance Sheets: a right-of-use (“ROU”) asset of $21.7 million within 'Other assets', a short-term lease liability of $1.4 million within 'Other current liabilities', a long-term lease liability of $24.5 million within 'Other liabilities' and reversed the related deferred rent liability balance of $4.2 million for all leases with terms longer than twelve months related to its building operating leases. The Company elected to utilize the following practical expedients: (i) not being required to separate lease and non-lease components when accounting for the lease for all asset classes; and (ii) not accounting for short-term leases under the new standard. The Company also determined that the ESA and affiliate agreements are considered leases under ASC 842. However, the identification of the asset and determination of the period of control is dependent upon the scheduling of the showtimes by the exhibitors. As the schedules are typically not determined until one week in advance of the showtime, on average, the leases are considered short term in nature, specifically less than one month. As such, no ROU assets or lease liabilities were recognized for these agreements. The issuance of NCM LLC membership units to the founding members in accordance with NCM LLC’s Common Unit Adjustment Agreement and upfront cash payments to affiliates for the contractual rights to provide services within their theaters will continue to be classified as intangible assets. However, the amortization of these intangible assets is now considered lease expense and has been reclassified within the current period from 'Depreciation and amortization expense' to 'Amortization of intangibles recorded for network theater screen leases' on the unaudited Condensed Consolidated Statement of Income. Additionally, these upfront cash payments to affiliates and receipt of integration payments from the founding members, as defined within Note 4 - Intangible Assets, will be considered cash flows from operating activities on the unaudited Condensed Consolidated Statement of Cash Flows when incurred as they are related to operating leases and will be reclassified from cash flows from investing and financing activities, respectively. The Company has also incorporated additional disclosures in Note 8 - Commitments and Contingencies to comply with ASC 842.
During the first quarter of 2019, the Company adopted Accounting Standards Update 2018-7, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting (“ASU 2018-7”), which amends Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. The adoption of ASU 2018-7 had no impact on the unaudited Condensed Consolidated Financial statements or notes thereto.
During the first quarter of 2019, the Company adopted a final rule issued by the SEC in March 2019 simplifying certain Regulation S-K requirements. The rule eliminated the following requirements in certain circumstances: (1) to disclose discussion of the earliest year of three years of audited financial statements presented within Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations section of the Form 10-K, (2) to request permission from the SEC to redact confidential information from exhibits in the event the information is not material to the agreement and would cause competitive harm, (3) to disclose immaterial physical property and (4) to disclose schedules and attachments to exhibits which do not contain material information. The rule also adds the requirement to disclose the registrant's trading symbol on the cover page of certain SEC forms. The applicable amended disclosure requirements have been incorporated within this Quarterly Report on Form 10-Q.
Recently Issued Accounting Pronouncements
In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Statements (“ASU 2016-13”), which requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted and is to be adopted on a modified retrospective basis. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.
In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which modifies the disclosure requirements on fair value measurements. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with partial early adoption permitted for eliminated disclosures. The method of adoption varies by the disclosure. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.
The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its unaudited Condensed Consolidated Financial Statements or notes thereto.
XML 23 R11.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue from Contracts with Customers
 3 Months Ended
Mar. 28, 2019
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
REVENUE FROM CONTRACTS WITH CUSTOMERS
Revenue Recognition
The Company derives revenue principally from the sale of advertising to national, regional and local businesses in Noovie, the Company’s cinema advertising and entertainment pre-show. The Company also sells advertising through the LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies. In addition, the Company sells online and mobile advertising through Cinema Accelerator and other digital gaming products such as Noovie ARcade, Fantasy Movie League and Shuffle. The Company also has a long-term agreement to exhibit the advertising of the founding members’ beverage suppliers.
The Company makes contractual guarantees to deliver a specified number of impressions to view the customers’ advertising. If the contracted number of impressions are not delivered, the Company will run additional advertising to deliver the contracted impressions at a later date.  The deferred portion of the revenue associated with undelivered impressions is referred to as a make-good provision. The Company defers the revenue associated with the make-good until the advertising airs to the theater attendance specified in the advertising contract. The make-good provision is recorded within accrued expenses in the Condensed Consolidated Balance Sheet. As of March 28, 2019 and December 27, 2018, the Company had a make-good provision of $4.7 million and $8.0 million, respectively.
The Company has certain contracts with two-year terms that are noncancelable following a specified date within the contract period.  The estimated revenue expected to be recognized in the future related to these contracted performance obligations that are unsatisfied (or partially unsatisfied) as of March 28, 2019, was $53.3 million, which is expected to be recognized in 2019.  Agreements with a duration less than one year are not included within this disclosure as the Company elected to use the practical expedient in ASC 606-10-50-14 for those contracts.  In addition, other of the Company’s contracts longer than one year that are cancelable are not included within this disclosure.
Disaggregation of Revenue
The Company disaggregates revenue based upon the type of customer: national; local and regional; and beverage concessionaire. This method of disaggregation is in alignment with how revenue is reviewed by management and discussed with and historically disclosed to investors.
The following table summarizes revenue from contracts with customers for the three months ended March 28, 2019 and March 29, 2018:
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
National advertising revenue
$
54.0

 
$
54.8

Local advertising revenue
12.8

 
13.5

Regional advertising revenue
3.4

 
3.9

Founding member advertising revenue from beverage concessionaire agreements
6.7

 
8.0

Total revenue
$
76.9

 
$
80.2


Deferred Revenue and Unbilled Accounts Receivable
The changes in deferred revenue for the three months ended March 28, 2019 were as follows (in millions):
 
Three Months Ended
 
March 28,
2019
Balance at beginning of period
$
(7.3
)
Performance obligations satisfied
7.3

New contract liabilities
(6.9
)
Balance at end of period
$
(6.9
)

As of March 28, 2019 and December 27, 2018, the Company had $7.4 million and $6.0 million in unbilled accounts receivable, respectively.
XML 24 R12.htm IDEA: XBRL DOCUMENT v3.19.1
Loss Per Share
 3 Months Ended
Mar. 28, 2019
Earnings Per Share [Abstract]  
Loss Per Share
LOSS PER SHARE
Basic loss per share is computed on the basis of the weighted average number of common shares outstanding.  Diluted earnings per share is computed on the basis of the weighted average number of common shares outstanding plus the effect of potentially dilutive common stock options, restricted stock and restricted stock units using the treasury stock method.  The components of basic and diluted income per NCM, Inc. share are as follows:
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
Net loss attributable to NCM, Inc. (in millions)
$
(1.1
)
 
$
(1.9
)
Weighted average shares outstanding:
 
 
 
Basic
77,179,777

 
76,640,414

Add: Dilutive effect of stock options and restricted stock
—

 
—

Diluted
77,179,777

 
76,640,414

Loss per NCM, Inc. share:
 
 
 
Basic
$
(0.01
)
 
$
(0.03
)
Diluted
$
(0.01
)
 
$
(0.03
)

The effect of 80,821,540 and 78,273,221 weighted average exchangeable NCM LLC common units held by the founding members for the three months ended March 28, 2019 and March 29, 2018, respectively, have been excluded from the calculation of diluted weighted average shares and loss per NCM, Inc. share as they were anti-dilutive.  NCM LLC common units do not participate in dividends paid on NCM, Inc.’s common stock.  In addition, there were 3,718,641 and 4,352,728, stock options and non-vested (restricted) shares for the three months ended March 28, 2019 and March 29, 2018, respectively, excluded from the calculation as they were anti-dilutive.  The Company’s non-vested (restricted) shares do not meet the definition of a participating security as the dividends will not be paid if the shares do not vest.
XML 25 R13.htm IDEA: XBRL DOCUMENT v3.19.1
Intangible Assets
 3 Months Ended
Mar. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
INTANGIBLE ASSETS
Intangible assets consist of contractual rights to provide the Company’s services within the theaters of the founding members and network affiliates and are stated at cost, net of accumulated amortization.  The Company’s intangible assets with its founding members are recorded at fair market value of NCM, Inc.’s publicly traded stock as of the date on which the common membership units were issued.  The NCM LLC common membership units are fully convertible into NCM, Inc.’s common stock. In addition, the Company records intangible assets for up-front fees paid to network affiliates upon commencement of a network affiliate agreement. The Company’s intangible assets have a finite useful life and the Company amortizes the assets over the remaining useful life corresponding with the ESAs or the term of the network affiliate agreement.  
Common Unit Adjustments—In accordance with NCM LLC’s Common Unit Adjustment Agreement with its founding members, on an annual basis NCM LLC determines the amount of common membership units to be issued to or returned by the founding members based on theater additions or dispositions during the previous year.  In addition, NCM LLC’s Common Unit Adjustment Agreement requires that a Common Unit Adjustment occur for a specific founding member if its acquisition or disposition of theaters, in a single transaction or cumulatively since the most recent Common Unit Adjustment, results in an attendance increase or decrease in excess of two percent of the annual total attendance at the prior adjustment date.  
During the first quarter of 2019, NCM LLC issued 1,044,665 common membership units to its founding members for the rights to exclusive access to the theater screens and attendees added, net of dispositions by the founding members to NCM LLC’s network during the 2018 fiscal year and NCM LLC recorded a net intangible asset of $7.6 million during the first quarter of 2019 as a result of the Common Unit Adjustment.
During the first quarter of 2018, NCM LLC issued 2,821,710 (3,736,860 issued, net of 915,150 returned) common membership units to its founding members for the rights to exclusive access to the theater screens and attendees added, net of dispositions by the founding members to NCM LLC’s network during the 2017 fiscal year and NCM LLC recorded a net intangible asset of $15.9 million during the first quarter of 2018 as a result of the Common Unit Adjustment.
Integration Payments and Other Encumbered Theater Payments—If an existing on-screen advertising agreement with an alternative provider is in place with respect to any acquired theaters ("encumbered theaters"), the founding members may elect to receive common membership units related to those encumbered theaters in connection with the Common Unit Adjustment.  If the founding members make this election, then they are required to make payments on a quarterly basis in arrears in accordance with certain run-out provisions pursuant to the ESAs (“integration payments”). Because the Carmike Cinemas, Inc. (“Carmike”) theaters acquired by AMC are subject to an existing on-screen advertising agreement with an alternative provider, AMC will make integration payments to NCM LLC. The integration payments will continue until the earlier of (i) the date the theaters are transferred to NCM LLC’s network or (ii) the expiration of the ESA. Integration payments are calculated based upon the advertising cash flow that the Company would have generated if it had exclusive access to sell advertising in the theaters with pre-existing advertising agreements. The ESA additionally entitles NCM LLC to payments related to the founding members’ on-screen advertising commitments under their beverage concessionaire agreements for encumbered theaters. These payments are also accounted for as a reduction to the intangible asset. During the three months ended March 28, 2019 and March 29, 2018, the Company recorded a reduction to net intangible assets of $2.5 million and $2.2 million, respectively, related to integration and other encumbered theater payments. These payments received from AMC related to its acquisitions of theaters from Carmike and Rave Cinemas and from Cinemark related primarily to its acquisition of theaters from Rave Cinemas. During the three months ended March 28, 2019 and March 29, 2018, AMC and Cinemark paid a total of $8.1 million and $9.4 million, respectively, in integration and other encumbered theater payments (as payments are made one quarter and one month in arrears, respectively). If common membership units are issued to a founding member for newly acquired theaters that are subject to an existing on-screen advertising agreement with an alternative provider, the amortization of the intangible asset commences after the existing agreement expires and NCM LLC can utilize the theaters for all of its services.
XML 26 R14.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions
 3 Months Ended
Mar. 28, 2019
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
Founding Member Transactions—In connection with NCM, Inc.’s IPO, the Company entered into several agreements to define and regulate the relationships among NCM, Inc., NCM LLC and the founding members which are outlined below. As AMC owns less than 5% of NCM LLC as of March 28, 2019, AMC is no longer a related party. AMC remains a party to the ESA, Common Unit Adjustment Agreement, Tax Receivable Agreement ("TRA") and certain other original agreements and is a member under the terms of the NCM LLC Operating Agreement, subject to fulfilling the requirements of Section 3.1 of the NCM LLC Operating Agreement. AMC will continue to participate in the annual Common Unit Adjustment and receive available cash distributions or allocation of earnings and losses in NCM LLC (as long as its ownership is greater than zero), TRA payments and theater access fees, and pay beverage revenue, among other things. Further, AMC's ownership percentage does not impact future integration payments and other encumbered theater payments owed to NCM LLC by AMC. AMC is considered a related party through the date its ownership fell below the 5% threshold (July 5, 2018) and related party transactions with AMC through this period are included within the disclosures below (specifically the first quarter of 2018).
The agreements with the founding members are as follows:
•
ESAs. Under the ESAs, NCM LLC is the exclusive provider within the United States of advertising services in the founding members’ theaters (subject to pre-existing contractual obligations and other limited exceptions for the benefit of the founding members). The advertising services include the use of the digital content network (“DCN”) equipment required to deliver the on-screen advertising and other content included in the Noovie pre-show, use of the LEN and rights to sell and display certain lobby promotions. Further, 30 to 60 seconds of advertising included in the Noovie pre-show is sold to NCM LLC’s founding members to satisfy the founding members’ on-screen advertising commitments under their beverage concessionaire agreements. In consideration for access to the founding members’ theaters, theater patrons, the network equipment required to display on-screen and LEN video advertising and the use of theaters for lobby promotions, the founding members receive a monthly theater access fee. These agreements are considered leases with related parties under ASC 842.
•
Common Unit Adjustment Agreement. The Common Unit Adjustment Agreement provides a mechanism for increasing or decreasing the membership units held by the founding members based on the acquisition or construction of new theaters or sale or closure of theaters that are operated by each founding member and included in NCM LLC’s network.
•
Tax Receivable Agreement. The tax receivable agreement provides for the effective payment by NCM, Inc. to the founding members of 90% of the amount of cash savings, if any, in U.S. federal, state and local income tax or franchise tax that is actually realized as a result of certain increases in NCM, Inc.’s proportionate share of tax basis in NCM LLC’s tangible and intangible assets resulting from the IPO and related transactions.
•
Software License Agreement. At the date of the Company’s IPO, NCM LLC was granted a perpetual, royalty-free license from NCM LLC’s founding members to use certain proprietary software that existed at the time for the delivery of digital advertising and other content through the DCN to screens in the U.S. NCM LLC has made improvements to this software since the IPO date and NCM LLC owns those improvements, except for improvements that were developed jointly by NCM LLC and NCM LLC’s founding members, if any.
The following tables provide summaries of the transactions between the Company and the founding members (in millions):
 
Three Months Ended
Included in the unaudited Condensed Consolidated Statements of Income: (1)
March 28,
2019
 
March 29,
2018
Revenue:
 
 
 
Beverage concessionaire revenue (included in advertising revenue) (2)
$
5.3

 
$
8.0

Operating expenses:
 
 
 
Theater access fee (3)
12.9

 
20.6

Purchase of movie tickets and concession products and rental of theater space (included in selling and marketing costs) (4)
0.1

 
0.4

Non-operating expenses:
 
 
 
Interest income from notes receivable (included in interest
  income) (5)
0.1

 
0.1

________________________________________
(1)
AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures within the table above only include related party activity with AMC for the three months ended March 29, 2018.
(2)
For the three months ended March 28, 2019 and March 29, 2018, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds (with all three founding members having a right to purchase up to 90 seconds) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a 30 seconds equivalent CPM rate specified by the ESA.
(3)
Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company’s network, including payments for access to higher quality digital cinema equipment.
(4)
Used primarily for marketing to NCM LLC’s advertising clients.
(5)On December 26, 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (AC JV, LLC) owned 32% by each of the founding members and 4% by NCM LLC.  In consideration for the sale, NCM LLC received a total of $25.0 million in promissory notes from its founding members (one-third or approximately $8.3 million from each founding member).  The notes bear interest at a fixed rate of 5.0% per annum, compounded annually.  Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.
 
As of
Included in the unaudited Condensed Consolidated Balance Sheets:
March 28,
2019
 
December 27,
2018
Purchase of movie tickets and concession products (included in prepaid expenses) (1)
$
0.1

 
$
—

Current portion of notes receivable - related parties (1) (2)
2.8

 
4.2

Interest receivable on notes receivable (included in other current assets) (1) (2)
0.1

 
0.1

Common unit adjustments, net of amortization and integration payments (included in intangible assets) (3)
656.6

 
657.6

Current payable to founding members under tax receivable agreement (1)(4)
10.9

 
11.2

Long-term payable to founding members under tax receivable agreement (1)(4)
143.5

 
141.1

_________________________________
(1)
AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures as of March 28, 2019 and December 27, 2018 do not include AMC. 
(2)
Refer to the discussion of notes receivable from the founding members above.
(3)
Refer to Note 4—Intangible Assets for further information on common unit adjustments and integration payments. This balance includes common unit adjustments issued to all of the founding members (including AMC) as the Company's intangible balance is considered one asset inclusive of all common unit adjustment activity.
(4)
The Company paid the founding members $18.4 million in payments pursuant to the TRA during 2018 which was for the 2017 tax year. The payment for 2018 will occur in the second quarter of 2019.

Pursuant to the terms of the NCM LLC Operating Agreement in place since the completion of the Company’s IPO, NCM LLC is required to make mandatory distributions on a proportionate basis to its members of available cash, as defined in the NCM LLC Operating Agreement, on a quarterly basis in arrears.  Mandatory distributions of available cash for the three months ended March 28, 2019 and March 29, 2018 were as follows (in millions):
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
AMC
$
—

 
$
2.2

Cinemark
3.0

 
3.0

Regal
3.1

 
3.2

Total founding members
6.1

 
8.4

NCM, Inc.
5.8

 
8.1

Total
$
11.9

 
$
16.5


The mandatory distributions of available cash by NCM LLC to Regal and Cinemark for the three months ended March 28, 2019 of $6.1 million is included in amounts due to founding members, net on the unaudited Condensed Consolidated Balance Sheets as of March 28, 2019 and will be made in the second quarter of 2019. The mandatory distributions to NCM, Inc. are eliminated in consolidation.
Amounts due to founding members, net as of March 28, 2019 were comprised of the following (in millions):
 
Cinemark
 
Regal
 
Total
Theater access fees, net of beverage revenues and other
   encumbered theater payments
$
1.0

 
$
1.6

 
$
2.6

Distributions payable to founding members
3.0

 
3.1

 
6.1

Integration payments due from founding members
(0.1
)
 
—

 
(0.1
)
Total amounts due to founding members, net
$
3.9

 
$
4.7

 
$
8.6

Amounts due to founding members, net as of December 27, 2018 were comprised of the following (in millions):
 
Cinemark
 
Regal
 
Total
Theater access fees, net of beverage revenues and other encumbered theater
   payments
$
1.0

 
$
1.5

 
$
2.5

Distributions payable to founding members
13.7

 
14.2

 
27.9

Integration payments due from founding members
(0.4
)
 
—

 
(0.4
)
Total amounts due to founding members, net
$
14.3

 
$
15.7

 
$
30.0


The Amounts due from founding members, net balance as of March 28, 2019 and December 27, 2018 per the Condensed Consolidated Balance Sheets relates to payments due from AMC to NCM LLC. Given that AMC ceased being a related party as of July 5, 2018, the detail of that balance has not been included within the tables above.
As of March 29, 2018, AMC owned 1.0 million shares of NCM, Inc. common stock. During the three months ended March 29, 2018, AMC received cash dividends of approximately $0.2 million on its shares of NCM, Inc. common stock held at that time.
AC JV, LLC Transactions—In December 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company, AC JV, LLC, owned 32% by each of the founding members and 4% by NCM LLC.  The Company accounts for its investment in AC JV, LLC under the equity method of accounting in accordance with ASC 323-30, Investments—Equity Method and Joint Ventures (“ASC 323-30”) because AC JV, LLC is a limited liability company with the characteristics of a limited partnership and ASC 323-30 requires the use of equity method accounting unless the Company’s interest is so minor that it would have virtually no influence over partnership operating and financial policies.  Although NCM LLC does not have a representative on AC JV, LLC’s Board of Directors or any voting, consent or blocking rights with respect to the governance or operations of AC JV, LLC, the Company concluded that its interest was more than minor under the accounting guidance. The Company’s investment in AC JV, LLC was $1.1 million and $0.9 million as of March 28, 2019 and December 27, 2018, respectively. Equity in earnings from AC JV, LLC for the three months ended March 28, 2019 and March 29, 2018, were $0.2 million and $0.0 million, respectively, and is included in non-operating expenses in the unaudited Condensed Consolidated Statements of Income.
XML 27 R15.htm IDEA: XBRL DOCUMENT v3.19.1
Borrowings
 3 Months Ended
Mar. 28, 2019
Debt Disclosure [Abstract]  
Borrowings
BORROWINGS
The following table summarizes NCM LLC’s total outstanding debt as of March 28, 2019 and December 27, 2018 and the significant terms of its borrowing arrangements (in millions):
 
 
Outstanding Balance as of
 
 
 
 
Borrowings
 
March 28,
2019
 
December 27,
2018
 
Maturity
Date
 
Interest
Rate
Senior secured notes due 2022
 
$
400.0

 
$
400.0

 
April 15, 2022
 
6.000%
Revolving credit facility
 
37.0

 
27.0

 
June 20, 2023
 
(1)
Term loan
 
268.7

 
269.4

 
June 20, 2025
 
(1)
Senior unsecured notes due 2026
 
230.0

 
235.0

 
August 15, 2026
 
5.750%
Total borrowings
 
935.7

 
931.4

 
 
 
 
Less: debt issuance costs related to term loan and senior notes
 
(7.3
)
 
(7.8
)
 
 
 
 
Total borrowings, net
 
928.4

 
923.6

 
 
 
 
Less: current portion of debt
 
(2.7
)
 
(2.7
)
 
 
 
 
Carrying value of long-term debt
 
$
925.7

 
$
920.9

 
 
 
 
___________________________________________________
(1)
The interest rates on the revolving credit facility and term loan are described below.

Senior Secured Credit Facility—On June 20, 2018, NCM LLC entered into a credit agreement to replace NCM LLC's senior secured credit facility, dated as of February 13, 2007, as amended (the “previous facility”). Consistent with the structure of the previous facility, the agreement consists of a term loan facility and a revolving credit facility. As of March 28, 2019, NCM LLC’s senior secured credit facility consisted of a $175.0 million revolving credit facility and a $268.7 million term loan. The obligations under the senior secured credit facility are secured by a lien on substantially all of the assets of NCM LLC.
Revolving Credit Facility—The revolving credit facility portion of NCM LLC’s total borrowings is available, subject to certain conditions, for general corporate purposes of NCM LLC in the ordinary course of business and for other transactions permitted under the senior secured credit facility, and a portion is available for letters of credit.  As of March 28, 2019, NCM LLC’s total availability under the $175.0 million revolving credit facility was $133.2 million, net of $37.0 million outstanding and $4.8 million in letters of credit.  The unused line fee is 0.50% per annum which is consistent with the previous facility.  Borrowings under the revolving credit facility bear interest at NCM LLC’s option of either the LIBOR index plus an applicable margin ranging from 1.75% to 2.25% or the base rate plus an applicable margin ranging from 0.75% to 1.25%. The applicable margin for the revolving credit facility is determined quarterly and is subject to adjustment based upon a consolidated net senior secured leverage ratio for NCM LLC (the ratio of secured funded debt less unrestricted cash and cash equivalents of up to $100.0 million, divided by Adjusted OIBDA for debt purposes, defined as operating income before depreciation and amortization expense adjusted to also exclude amortization of intangibles recorded for network theater screen leases, non-cash share based compensation costs for NCM LLC and Chief Executive Officer transition costs plus integration payments received). The revolving credit facility will mature on June 20, 2023 contingent upon the refinancing of NCM LLC’s Notes due 2022 (defined below, see “Senior Secured Notes due 2022”) on or prior to October 30, 2021. If the Notes due 2022 are not refinanced on or prior to October 30, 2021, then the revolving credit facility will instead mature on December 30, 2021. The weighted-average interest rate on the revolving credit facility as of March 28, 2019 was 5.36%.
Term Loan—The interest rate on the term loan is a rate chosen at NCM LLC’s option of either the LIBOR index plus 3.00% or the base rate plus 2.00%. The interest rate on the term loan as of March 28, 2019 was 5.50%.  The term loan amortizes at a rate equal to 1.00% annually, to be paid in equal quarterly installments. As of March 28, 2019, NCM LLC has paid principal of $1.3 million, reducing the outstanding balance to $268.7 million. The term loan will mature on June 20, 2025 contingent upon the refinancing of the Notes due 2022 on or prior to October 30, 2021. If the Notes due 2022 are not refinanced on or prior to October 30, 2021, then the term loan will instead mature on December 30, 2021.
The senior secured credit facility contains a number of covenants and various financial ratio requirements, including, (i) a consolidated net total leverage ratio covenant of 6.25 times for each quarterly period and (ii) with respect to the revolving credit facility, maintaining a consolidated net senior secured leverage ratio of equal to or less than 4.50 times on a quarterly basis for each quarterly period in which a balance is outstanding on the revolving credit facility. In addition, NCM LLC is permitted to make quarterly dividend payments and other restricted payments with its available cash as long as NCM LLC’s consolidated net senior secured leverage ratio (after giving effect to any such payment) is below 5.50 times and no default or event of default has occurred and continues to occur under the senior secured credit facility. As of March 28, 2019, NCM LLC’s consolidated net senior secured leverage ratio was 3.20 times (versus the dividend payment restriction of 5.50 times and the covenant of 4.50 times) and NCM LLC's consolidated net total leverage ratio was 4.25 times (versus the covenant of 6.25 times).
Senior Secured Notes due 2022—On April 27, 2012, NCM LLC completed a private placement of $400.0 million in aggregate principal amount of 6.000% Senior Secured Notes (the “Notes due 2022”) for which the registered exchange offering was completed on November 26, 2012.  The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced on October 15, 2012. The Notes due 2022 share in the same collateral that secures NCM LLC's obligations under the senior secured credit facility.
Senior Unsecured Notes due 2026—On August 19, 2016, NCM LLC completed a private placement of $250.0 million in aggregate principal amount of 5.750% Senior Unsecured Notes (the “Notes due 2026”) for which the registered exchange offering was completed on November 8, 2016.  The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, which commenced on February 15, 2017.  The Notes due 2026 were issued at 100% of the face amount thereof and are the senior unsecured obligations of NCM LLC. NCM LLC repurchased and canceled a total of $5.0 million and $15.0 million of the Notes due 2026 during 2019 and 2018, respectively, reducing the principal amount to $230.0 million as of March 28, 2019. These repurchases were treated as partial debt extinguishments and resulted in the realization of a non-operating gain, net of written off debt issuance costs, of $0.3 million and $0.0 million during the three months ended March 28, 2019 and March 29, 2018, respectively.
XML 28 R16.htm IDEA: XBRL DOCUMENT v3.19.1
Income Taxes
 3 Months Ended
Mar. 28, 2019
Income Tax Disclosure [Abstract]  
Income Taxes
INCOME TAXES
Changes in the Company’s Effective Tax Rate—The Company’s effective tax rate decreased from 88.6% for the three months ended March 29, 2018 to 34.4% for the three months ended March 28, 2019 primarily due to a smaller permanent difference between the allowable deduction for stock based compensation for tax purposes and book purposes in the three months ended March 28, 2019 as compared to the three months ended March 29, 2018 driven by fewer awards impacted by a decline in the Company’s stock price subsequent to the grant of the shares vesting in the respective periods. The decrease was also due to a large tax benefit recognized in the three months ended March 28, 2019 compared to expense in the three months ended March 29, 2018 related to state effective tax rate changes. The Company's current blended state and federal rate is 24.4% as of March 28, 2019 as compared to 25.4% as of March 29, 2018.
XML 29 R17.htm IDEA: XBRL DOCUMENT v3.19.1
Commitments and Contingencies
 3 Months Ended
Mar. 28, 2019
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
COMMITMENTS AND CONTINGENCIES
Legal Actions—The Company is subject to claims and legal actions in the ordinary course of business.  The Company believes such claims will not have a material effect individually and in the aggregate on its financial position, results of operations or cash flows.
Operating Commitments - Facilities - The Company has entered into operating lease agreements for its corporate headquarters and other regional offices. The Company has a right-of-use (“ROU”) asset of $21.5 million and short-term and long-term lease liabilities of $1.3 million and $24.3 million, respectively, on the balance sheet as of March 28, 2019 for all material leases with terms longer than twelve months. These balances are included within 'Other assets', 'Other current liabilities' and 'Other liabilities', respectively, on the unaudited Condensed Consolidated Balance Sheets. The Company has options on certain of these facilities to extend the lease or to terminate part or all of the leased space prior to the lease end date. Certain termination fees would be due upon exercise of the early termination options as outlined within the underlying agreements. None of these options were considered reasonably certain of exercise and thus have not been recognized as part of the ROU asset and lease liabilities. As of March 28, 2019, the Company had a weighted average remaining lease term of 11.0 years on these leases.
The Company has also entered into certain short-term leases with a term of less than one year. These leases are not included within the Company’s ROU asset or lease liabilities due the Company’s election of the practical expedient in ASC 842-20-25-2 for short-term leases.
During the three months ended March 28, 2019, the Company recognized the following components of total lease cost (in millions). These costs are presented within selling and marketing costs and administrative and other costs within the unaudited Condensed Consolidated Statements of Income depending upon the nature of the use of the facility.
 
 
Three months ended
 
 
March 28,
2019
Operating lease cost
 
$
0.8

Short-term lease cost
 
0.1

Variable lease cost
 
0.1

Total lease cost
 
$
1.0


The Company made total lease payments of $0.8 million during the three months ended March 28, 2019. These payments are included within cash flows from operating activities within the unaudited Condensed Consolidated Statement of Cash Flows. The minimum lease payments under noncancelable operating leases as of December 27, 2018 were as follows (in millions).
Year
 
Minimum Lease Payments
2019
 
$
3.5

2020
 
3.3

2021
 
3.4

2022
 
3.4

2023
 
3.4

Thereafter
 
22.1

Total
 
$
39.1


The future lease payments under noncancelable operating leases as of March 28, 2019 were as follows (in millions).
Year
 
Future Lease Payments
2019 (March 29, 2019 - December 26, 2019)
 
$
2.5

2020
 
3.3

2021
 
3.3

2022
 
3.4

2023
 
3.4

2024
 
3.5

Thereafter
 
18.7

Total
 
38.1

Less: Imputed interest on future lease payments
 
(12.5
)
Total lease liability as of March 28, 2019 per the Condensed Consolidated Balance Sheet
 
$
25.6


When measuring the ROU assets and lease liabilities recorded, the Company utilized its incremental borrowing rate in order to determine the present value of the lease payments as the leases do not provide an implicit rate. The Company uses the rate of interest that it would have to pay to borrow on a collateralized basis over a similar term for an amount equal to the lease payments in a similar economic environment. As of March 28, 2019, the Company’s weighted average annual discount rate was 7.42%.
Operating Commitments - ESAs and Affiliate Agreements - The Company has entered into long-term ESAs with the founding members and multi-year agreements with certain network affiliates, or third-party theater circuits. The ESAs and network affiliate agreements grant NCM LLC exclusive rights in their theaters to sell advertising, subject to limited exceptions. The Company recognizes intangible assets upon issuance of membership units to the founding members in accordance with NCM LLC’s Common Unit Adjustment Agreement and upfront cash payments to the affiliates for the contractual rights to provide the Company’s services within their theaters as further discussed within Note 4 - Intangible Assets. These ESA and network affiliate agreements are considered leases under ASC 842 once the asset is identified and the period of control is determined upon the scheduling of the showtimes by the exhibitors, typically one week prior to the showtime. As such, the leases are considered short-term in nature, specifically less than one month. Within ASC 842, leases with terms of less than one month are exempt from the majority of the accounting and disclosure requirements, including disclosure of short-term lease expense. No ROU assets or lease liabilities were recognized for these agreements and no change to the balance sheet presentation of the intangible assets is necessary. However, the amortization of these intangible assets is considered lease expense and was therefore, reclassified in the current period from 'Depreciation and amortization expense' to 'Amortization of intangibles recorded for network theater screen leases' within the unaudited Condensed Consolidated Statement of Income.
In consideration for NCM LLC’s access to the founding members’ theater attendees for on-screen advertising and use of lobbies and other space within the founding members’ theaters for the LEN and lobby promotions, the founding members receive a monthly theater access fee under the ESAs. The theater access fee is composed of a fixed payment per patron, a fixed payment per digital screen (connected to the DCN) and a fee for access to higher quality digital cinema equipment. The payment per theater patron increases by 8% every five years, with this next increase occurring in fiscal year 2022, and the payment per digital screen and for digital cinema equipment increasing annually by 5%. The theater access fee paid in the aggregate to all founding members cannot be less than 12% of NCM LLC’s aggregate advertising revenue (as defined in the ESA), or it will be adjusted upward to reach this minimum payment.  As of March 28, 2019 and December 27, 2018, the Company had no liabilities recorded for the minimum payment, as the theater access fee was in excess of the minimum.
The network affiliates compensation is considered variable lease expense and varies by circuit depending upon the agreed upon terms of the network affiliate agreement. The majority of agreements are centered around a revenue share where an agreed upon percentage of the advertising revenue received from a theater’s attendance is paid to the circuit. As part of the network affiliate agreements entered into in the ordinary course of business under which the Company sells advertising for display in various network affiliate theater chains, the Company has agreed to certain minimum revenue guarantees on a per attendee basis. If a network affiliate achieves the attendance set forth in their respective agreement, the Company has guaranteed minimum revenue for the network affiliate per attendee if such amount paid under the revenue share arrangement is less than its guaranteed amount.  As of March 28, 2019, the maximum potential amount of future payments the Company could be required to make pursuant to the minimum revenue guarantees is $97.9 million over the remaining terms of the network affiliate agreements. These minimum guarantees relate to various affiliate agreements ranging in term from one to twenty years, prior to any renewal periods of which some are at the option of the Company. Additionally, the Company accrued $0.5 million and $0.1 million related to affiliate agreements with guaranteed minimums in excess of the revenue share agreement as of March 28, 2019 and December 27, 2018, respectively.
XML 30 R18.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements
 3 Months Ended
Mar. 28, 2019
Fair Value Disclosures [Abstract]  
Fair Value Measurements
FAIR VALUE MEASUREMENTS
Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement:
Level 1—Quoted prices in active markets for identical assets or liabilities.
Level 2—Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
Level 3—Inputs that are generally unobservable and typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability.
Non-Recurring Measurements—Certain assets are measured at fair value on a non-recurring basis. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances. These assets include long-lived assets, intangible assets, other investments, notes receivable and borrowings.
Long-Lived Assets, Intangible Assets, Other Investments and Notes Receivable—The Company regularly reviews long-lived assets (primarily property, plant and equipment), intangible assets, investments accounted for under the cost or equity method and notes receivable for impairment whenever certain qualitative factors, events or changes in circumstances indicate that the carrying amounts of the assets may not be fully recoverable. When the estimated fair value is determined to be lower than the carrying value of the asset, an impairment charge is recorded to write the asset down to its estimated fair value.  
Other investments consisted of the following (in millions):
 
As of
 
March 28,
2019
 
December 27,
2018
Investment in AC JV, LLC (1)
$
1.1

 
$
0.9

Other investments (2)
2.1

 
2.1

Total
$
3.2

 
$
3.0

 
_______________________________________
(1)
Refer to Note 5—Related Party Transactions. This investment is accounted for utilizing the equity method.
(2)
The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities are accounted for at adjusted cost in accordance with the practicability exception under Accounting Standards Update 2016-1, Recognition and Measurement of Financial Assets and Financial Liabilities, and represent an ownership of less than 20%. The Company does not exert significant influence on these companies’ operating or financial activities.
During the three months ended March 28, 2019 and March 29, 2018, the Company recorded impairment charges of $0.0 million and $0.4 million, respectively, on certain of its investments due to a significant deterioration in the business prospects of the investee or new information regarding the fair value of the investee, which brought the total remaining value of the respective impaired investments to $0.0 million as of March 28, 2019 and March 29, 2018. As of March 28, 2019, no other observable price changes or impairments have been recorded as a result of the Company’s qualitative assessment of identified events or changes in the circumstances of the remaining investments. The investment in AC JV, LLC was initially valued using comparative market multiples. The other investments were recorded based upon the fair value of the services provided in exchange for the investment. As the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs, they have been classified as Level 3 in the fair value hierarchy.
As of March 28, 2019 and December 27, 2018, the Company had notes receivable totaling $4.2 million and $5.6 million, respectively, from its founding members related to the sale of Fathom Events, as described in Note 5—Related Party Transactions. These notes were initially valued using comparative market multiples.  There were no identified events or changes in circumstances that had a significant adverse effect on the fair value of the notes receivable.  The notes are classified as Level 3 in the fair value hierarchy as the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs.
Borrowings—The carrying amount of the revolving credit facility is considered a reasonable estimate of fair value due to its floating-rate terms. The estimated fair values of the Company’s financial instruments where carrying values do not approximate fair value were as follows (in millions):
 
As of March 28,
2019
 
As of December 27,
2018
 
Carrying Value
 
Fair Value (1)
 
Carrying Value
 
Fair Value (1)
Term loan
$
268.7

 
$
264.7

 
$
269.4

 
$
261.2

Notes due 2022
400.0

 
404.5

 
400.0

 
401.8

Notes due 2026
230.0

 
213.3

 
235.0

 
211.0

 
____________________________________________
(1)
If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2 based upon the inputs utilized.
Recurring Measurements—The fair values of the Company’s assets and liabilities measured on a recurring basis pursuant to ASC 820-10, Fair Value Measurements and Disclosures are as follows (in millions):
 
 
 
Fair Value Measurements at Reporting Date Using
 
Fair Value as of March 28,
2019
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
ASSETS:
 
 
 
 
 
 
 
Cash equivalents (1)
$
34.4

 
$
14.0

 
$
20.4

 
$
—

Short-term marketable securities (2)
8.3

 
—

 
8.3

 
—

Long-term marketable securities (2)
10.1

 
—

 
10.1

 
—

Total assets
$
52.8

 
$
14.0

 
$
38.8

 
$
—

 
 
 
Fair Value Measurements at Reporting Date Using
 
Fair Value as of December 27,
2018
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
ASSETS:
 
 
 
 
 
 
 
Cash equivalents (1)
$
18.2

 
$
11.2

 
$
7.0

 
$
—

Short-term marketable securities (2)
24.0

 
—

 
24.0

 
—

Long-term marketable securities (2)
10.2

 
—

 
10.2

 
—

Total assets
$
52.4

 
$
11.2

 
$
41.2

 
$
—

___________________________________________
(1)
Cash Equivalents—The Company’s cash equivalents are carried at estimated fair value.  Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below.
(2)
Short-Term and Long-Term Marketable Securities—The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company’s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company’s government agency bonds is derived from quoted market information. The inputs in the valuation are classified as Level 1 if there is an active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the three months ended March 28, 2019 and March 29, 2018, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income.  Original cost of short-term marketable securities is based on the specific identification method. As of March 28, 2019 and December 27, 2018, there was $0.1 million and $0.2 million, respectively, of gross unrealized losses related to individual securities of $10.1 million and $11.8 million, respectively, that had been in a continuous loss position for 12 months or longer. The Company has not recorded an impairment because it has the intention and ability to hold these securities to maturity.
The amortized cost basis, aggregate fair value and maturities of the marketable securities the Company held as of March 28, 2019 and December 27, 2018 were as follows:
 
As of March 28, 2019
 
Amortized Cost
Basis
(in millions)
 
Aggregate Fair
Value
(in millions)
 
Maturities (1)
(in years)
MARKETABLE SECURITIES:
 
 
 
 
 
Short-term municipal bonds
$
0.3

 
$
0.2

 
0.3
Short-term U.S. government agency bonds
3.5

 
3.5

 
0.5
Short-term commercial paper:
 
 
 
 
 
Industrial
2.0

 
2.0

 
0.2
Short-term certificates of deposit
2.6

 
2.6

 
0.5
Total short-term marketable securities
$
8.4

 
$
8.3

 

 
 
 
 
 
 
Long-term municipal bonds
1.2

 
1.3

 
1.3
Long-term U.S. government agency bonds
6.3

 
6.2

 
2.1
Long-term certificates of deposit
2.7

 
2.6

 
2.9
Total long-term marketable securities
$
10.2

 
$
10.1

 
 
Total marketable securities
$
18.6

 
$
18.4

 
 
 
As of December 27, 2018
 
Amortized Cost
Basis
(in millions)
 
Aggregate Fair
Value
(in millions)
 
Maturities (1)
(in years)
MARKETABLE SECURITIES:
 
 
 
 
 
Short-term U.S. government agency bonds
3.9

 
3.9

 
0.5
Short-term U.S. government treasury bonds
0.3

 
0.3

 
0.5
Short-term certificates of deposit
3.6

 
3.6

 
0.6
Short-term municipal bonds
0.5

 
0.5

 
0.1
Short-term commercial paper:
 
 
 
 
 
Financial
3.8

 
3.8

 
0.1
Industrial
12.0

 
11.9

 
0.1
Total short-term marketable securities
24.1

 
24.0

 
 
 
 
 
 
 
 
Long-term municipal bonds
1.2

 
1.3

 
1.5
Long-term U.S. government agency bonds
6.9

 
6.8

 
2.1
Long-term certificates of deposit
2.4

 
2.1

 
2.9
Total long-term marketable securities
10.5

 
10.2

 
 
Total marketable securities
$
34.6

 
$
34.2

 
 
___________________________________
(1)
Maturities—Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within 30 days.
XML 31 R19.htm IDEA: XBRL DOCUMENT v3.19.1
Subsequent Event
 3 Months Ended
Mar. 28, 2019
Subsequent Events [Abstract]  
Subsequent Event
SUBSEQUENT EVENT
On May 6, 2019, the Company declared a cash dividend of $0.17 per share (approximately $13.1 million) on each share of the Company’s common stock (not including outstanding restricted stock which will accrue dividends until the shares vest) to stockholders of record on May 16, 2019 to be paid on May 31, 2019.
XML 32 R20.htm IDEA: XBRL DOCUMENT v3.19.1
The Company (Policies)
 3 Months Ended
Mar. 28, 2019
Accounting Policies [Abstract]  
Basis of Presentation
Basis of Presentation
The Company has prepared the unaudited Condensed Consolidated Financial Statements and related notes of NCM, Inc. in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain reclassifications have been made to the prior year's financial statements to conform to the current presentation (refer to the Condensed Consolidated Statements of Income and Condensed Consolidated Statement of Cash Flows, whereby the Company presented depreciation expense and amortization expense as two separate lines). Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report.  The balance sheet as of December 27, 2018 is derived from the audited financial statements of NCM, Inc.  Therefore, the unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s annual report on Form 10-K filed for the fiscal year ended December 27, 2018.
In the opinion of management, all adjustments necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made.  The Company’s business is seasonal and for this and other reasons operating results for interim periods may not be indicative of the Company’s full year results or future performance. As a result of the various related party agreements discussed in Note 5—Related Party Transactions, the operating results as presented are not necessarily indicative of the results that might have occurred if all agreements were with non-related third parties.  The Company manages its business under one reportable segment of advertising.
Estimates
Estimates—The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include those related to the reserve for uncollectible accounts receivable, share-based compensation and income taxes. Actual results could differ from those estimates.
Revenue Recognition
Revenue Recognition—The Company derives revenue principally from the advertising business, which includes on-screen and lobby network (LEN) advertising and lobby promotions and advertising on websites and mobile applications owned by NCM LLC and other companies. Revenue is recognized over time as the customer receives the benefits provided by NCM LLC’s advertising services and the Company has the right to payment for performance to date. The Company considers the terms of each arrangement to determine the appropriate accounting treatment.
Concentration of Credit Risk and Significant Customers
Concentration of Credit Risk and Significant Customers—Bad debts are provided for using the allowance for doubtful accounts method based on historical experience and management’s evaluation of outstanding receivables at the end of the period. Receivables are written off when management determines amounts are uncollectible. Trade accounts receivable are uncollateralized and represent a large number of geographically dispersed debtors. The collectability risk with respect to national and regional advertising is reduced by transacting with founding members or large, national advertising agencies that have strong reputations in the advertising industry and clients with stable financial positions. The Company has smaller contracts with thousands of local clients that are not individually significant. As of March 28, 2019 and December 27, 2018, there were no advertising agency groups or individual customers through which the Company sources national advertising revenue representing more than 10% of the Company’s outstanding gross receivable balance.  During the three months ended March 28, 2019 and March 29, 2018, the Company had no customers that accounted for more than 10% of revenue.
Share-Based Compensation
Share-Based Compensation—The Company has issued stock options and restricted stock to certain employees and restricted stock units to its independent directors. The Company has not granted stock options since 2012.  In 2018 and 2019, the restricted stock grants for Company management vest upon the achievement of Company performance measures and/or service conditions, while non-management grants vest only upon the achievement of service conditions.  Compensation expense of restricted stock that vests upon the achievement of Company performance measures is based on management’s financial projections and the probability of achieving the projections, which require considerable judgment. A cumulative adjustment is recorded to share-based compensation expense in periods that management changes its estimate of the number of shares of restricted stock expected to vest. Ultimately, the Company adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. Dividends are accrued when declared on unvested restricted stock that is expected to vest and are only paid with respect to shares that actually vest.
Consolidation
Consolidation—NCM, Inc. consolidates the accounts of NCM LLC under the provisions of ASC 810, Consolidation (“ASC 810”).  The following table presents the changes in NCM, Inc.’s equity resulting from net loss attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
Net loss attributable to NCM, Inc.
$
(1.1
)
 
$
(1.9
)
NCM LLC equity issued for purchase of intangible asset
3.7

 
7.7

Income tax and other impacts of subsidiary ownership changes
(1.4
)
 
(3.7
)
Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests
$
1.2

 
$
2.1
Recently Adopted Accounting Pronouncements
Recently Adopted Accounting Pronouncements
During the first quarter of 2019, the Company adopted Accounting Standards Update 2016-2 and subsequent amendments, Leases (Topic 842) (together “ASC 842”) utilizing the Comparatives Under 840 option where only the current period financial statements and related disclosures are presented in accordance with the new standard. As of the adoption date of December 28, 2018 the Company recognized the following on the unaudited Condensed Consolidated Balance Sheets: a right-of-use (“ROU”) asset of $21.7 million within 'Other assets', a short-term lease liability of $1.4 million within 'Other current liabilities', a long-term lease liability of $24.5 million within 'Other liabilities' and reversed the related deferred rent liability balance of $4.2 million for all leases with terms longer than twelve months related to its building operating leases. The Company elected to utilize the following practical expedients: (i) not being required to separate lease and non-lease components when accounting for the lease for all asset classes; and (ii) not accounting for short-term leases under the new standard. The Company also determined that the ESA and affiliate agreements are considered leases under ASC 842. However, the identification of the asset and determination of the period of control is dependent upon the scheduling of the showtimes by the exhibitors. As the schedules are typically not determined until one week in advance of the showtime, on average, the leases are considered short term in nature, specifically less than one month. As such, no ROU assets or lease liabilities were recognized for these agreements. The issuance of NCM LLC membership units to the founding members in accordance with NCM LLC’s Common Unit Adjustment Agreement and upfront cash payments to affiliates for the contractual rights to provide services within their theaters will continue to be classified as intangible assets. However, the amortization of these intangible assets is now considered lease expense and has been reclassified within the current period from 'Depreciation and amortization expense' to 'Amortization of intangibles recorded for network theater screen leases' on the unaudited Condensed Consolidated Statement of Income. Additionally, these upfront cash payments to affiliates and receipt of integration payments from the founding members, as defined within Note 4 - Intangible Assets, will be considered cash flows from operating activities on the unaudited Condensed Consolidated Statement of Cash Flows when incurred as they are related to operating leases and will be reclassified from cash flows from investing and financing activities, respectively. The Company has also incorporated additional disclosures in Note 8 - Commitments and Contingencies to comply with ASC 842.
During the first quarter of 2019, the Company adopted Accounting Standards Update 2018-7, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting (“ASU 2018-7”), which amends Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. The adoption of ASU 2018-7 had no impact on the unaudited Condensed Consolidated Financial statements or notes thereto.
During the first quarter of 2019, the Company adopted a final rule issued by the SEC in March 2019 simplifying certain Regulation S-K requirements. The rule eliminated the following requirements in certain circumstances: (1) to disclose discussion of the earliest year of three years of audited financial statements presented within Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations section of the Form 10-K, (2) to request permission from the SEC to redact confidential information from exhibits in the event the information is not material to the agreement and would cause competitive harm, (3) to disclose immaterial physical property and (4) to disclose schedules and attachments to exhibits which do not contain material information. The rule also adds the requirement to disclose the registrant's trading symbol on the cover page of certain SEC forms. The applicable amended disclosure requirements have been incorporated within this Quarterly Report on Form 10-Q.
Recently Issued Accounting Pronouncements
Recently Issued Accounting Pronouncements
In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Statements (“ASU 2016-13”), which requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted and is to be adopted on a modified retrospective basis. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.
In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which modifies the disclosure requirements on fair value measurements. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with partial early adoption permitted for eliminated disclosures. The method of adoption varies by the disclosure. The Company is currently evaluating the impact that adopting this guidance will have on the unaudited Condensed Consolidated Financial Statements or notes thereto.
The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its unaudited Condensed Consolidated Financial Statements or notes thereto.
XML 33 R21.htm IDEA: XBRL DOCUMENT v3.19.1
The Company (Tables)
 3 Months Ended
Mar. 28, 2019
Accounting Policies [Abstract]  
Changes In Equity
The following table presents the changes in NCM, Inc.’s equity resulting from net loss attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
Net loss attributable to NCM, Inc.
$
(1.1
)
 
$
(1.9
)
NCM LLC equity issued for purchase of intangible asset
3.7

 
7.7

Income tax and other impacts of subsidiary ownership changes
(1.4
)
 
(3.7
)
Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests
$
1.2

 
$
2.1
XML 34 R22.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 28, 2019
Revenue from Contract with Customer [Abstract]  
Summary of Revenue from Contracts with Customers
The following table summarizes revenue from contracts with customers for the three months ended March 28, 2019 and March 29, 2018:
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
National advertising revenue
$
54.0

 
$
54.8

Local advertising revenue
12.8

 
13.5

Regional advertising revenue
3.4

 
3.9

Founding member advertising revenue from beverage concessionaire agreements
6.7

 
8.0

Total revenue
$
76.9

 
$
80.2
Summary of Changes in Deferred Revenue
The changes in deferred revenue for the three months ended March 28, 2019 were as follows (in millions):
 
Three Months Ended
 
March 28,
2019
Balance at beginning of period
$
(7.3
)
Performance obligations satisfied
7.3

New contract liabilities
(6.9
)
Balance at end of period
$
(6.9
)
XML 35 R23.htm IDEA: XBRL DOCUMENT v3.19.1
Loss Per Share (Tables)
 3 Months Ended
Mar. 28, 2019
Earnings Per Share [Abstract]  
Schedule of Loss Per Share, Basic and Diluted
The components of basic and diluted income per NCM, Inc. share are as follows:
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
Net loss attributable to NCM, Inc. (in millions)
$
(1.1
)
 
$
(1.9
)
Weighted average shares outstanding:
 
 
 
Basic
77,179,777

 
76,640,414

Add: Dilutive effect of stock options and restricted stock
—

 
—

Diluted
77,179,777

 
76,640,414

Loss per NCM, Inc. share:
 
 
 
Basic
$
(0.01
)
 
$
(0.03
)
Diluted
$
(0.01
)
 
$
(0.03
)
XML 36 R24.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions (Tables)
 3 Months Ended
Mar. 28, 2019
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following tables provide summaries of the transactions between the Company and the founding members (in millions):
 
Three Months Ended
Included in the unaudited Condensed Consolidated Statements of Income: (1)
March 28,
2019
 
March 29,
2018
Revenue:
 
 
 
Beverage concessionaire revenue (included in advertising revenue) (2)
$
5.3

 
$
8.0

Operating expenses:
 
 
 
Theater access fee (3)
12.9

 
20.6

Purchase of movie tickets and concession products and rental of theater space (included in selling and marketing costs) (4)
0.1

 
0.4

Non-operating expenses:
 
 
 
Interest income from notes receivable (included in interest
  income) (5)
0.1

 
0.1

________________________________________
(1)
AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures within the table above only include related party activity with AMC for the three months ended March 29, 2018.
(2)
For the three months ended March 28, 2019 and March 29, 2018, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds (with all three founding members having a right to purchase up to 90 seconds) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a 30 seconds equivalent CPM rate specified by the ESA.
(3)
Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company’s network, including payments for access to higher quality digital cinema equipment.
(4)
Used primarily for marketing to NCM LLC’s advertising clients.
(5)On December 26, 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (AC JV, LLC) owned 32% by each of the founding members and 4% by NCM LLC.  In consideration for the sale, NCM LLC received a total of $25.0 million in promissory notes from its founding members (one-third or approximately $8.3 million from each founding member).  The notes bear interest at a fixed rate of 5.0% per annum, compounded annually.  Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.
 
As of
Included in the unaudited Condensed Consolidated Balance Sheets:
March 28,
2019
 
December 27,
2018
Purchase of movie tickets and concession products (included in prepaid expenses) (1)
$
0.1

 
$
—

Current portion of notes receivable - related parties (1) (2)
2.8

 
4.2

Interest receivable on notes receivable (included in other current assets) (1) (2)
0.1

 
0.1

Common unit adjustments, net of amortization and integration payments (included in intangible assets) (3)
656.6

 
657.6

Current payable to founding members under tax receivable agreement (1)(4)
10.9

 
11.2

Long-term payable to founding members under tax receivable agreement (1)(4)
143.5

 
141.1

_________________________________
(1)
AMC is no longer considered a related party as of July 5, 2018, as described further above. As such, the figures as of March 28, 2019 and December 27, 2018 do not include AMC. 
(2)
Refer to the discussion of notes receivable from the founding members above.
(3)
Refer to Note 4—Intangible Assets for further information on common unit adjustments and integration payments. This balance includes common unit adjustments issued to all of the founding members (including AMC) as the Company's intangible balance is considered one asset inclusive of all common unit adjustment activity.
(4)
The Company paid the founding members $18.4 million in payments pursuant to the TRA during 2018 which was for the 2017 tax year. The payment for 2018 will occur in the second quarter of 2019.
Schedule of Mandatory Distributions to Members
Mandatory distributions of available cash for the three months ended March 28, 2019 and March 29, 2018 were as follows (in millions):
 
Three Months Ended
 
March 28,
2019
 
March 29,
2018
AMC
$
—

 
$
2.2

Cinemark
3.0

 
3.0

Regal
3.1

 
3.2

Total founding members
6.1

 
8.4

NCM, Inc.
5.8

 
8.1

Total
$
11.9

 
$
16.5
Schedule of Amounts Due to Founding Members, Net
Amounts due to founding members, net as of March 28, 2019 were comprised of the following (in millions):
 
Cinemark
 
Regal
 
Total
Theater access fees, net of beverage revenues and other
   encumbered theater payments
$
1.0

 
$
1.6

 
$
2.6

Distributions payable to founding members
3.0

 
3.1

 
6.1

Integration payments due from founding members
(0.1
)
 
—

 
(0.1
)
Total amounts due to founding members, net
$
3.9

 
$
4.7

 
$
8.6

Amounts due to founding members, net as of December 27, 2018 were comprised of the following (in millions):
 
Cinemark
 
Regal
 
Total
Theater access fees, net of beverage revenues and other encumbered theater
   payments
$
1.0

 
$
1.5

 
$
2.5

Distributions payable to founding members
13.7

 
14.2

 
27.9

Integration payments due from founding members
(0.4
)
 
—

 
(0.4
)
Total amounts due to founding members, net
$
14.3

 
$
15.7

 
$
30.0
XML 37 R25.htm IDEA: XBRL DOCUMENT v3.19.1
Borrowings (Tables)
 3 Months Ended
Mar. 28, 2019
NCM, LLC.  
Schedule of Outstanding Debt
The following table summarizes NCM LLC’s total outstanding debt as of March 28, 2019 and December 27, 2018 and the significant terms of its borrowing arrangements (in millions):
 
 
Outstanding Balance as of
 
 
 
 
Borrowings
 
March 28,
2019
 
December 27,
2018
 
Maturity
Date
 
Interest
Rate
Senior secured notes due 2022
 
$
400.0

 
$
400.0

 
April 15, 2022
 
6.000%
Revolving credit facility
 
37.0

 
27.0

 
June 20, 2023
 
(1)
Term loan
 
268.7

 
269.4

 
June 20, 2025
 
(1)
Senior unsecured notes due 2026
 
230.0

 
235.0

 
August 15, 2026
 
5.750%
Total borrowings
 
935.7

 
931.4

 
 
 
 
Less: debt issuance costs related to term loan and senior notes
 
(7.3
)
 
(7.8
)
 
 
 
 
Total borrowings, net
 
928.4

 
923.6

 
 
 
 
Less: current portion of debt
 
(2.7
)
 
(2.7
)
 
 
 
 
Carrying value of long-term debt
 
$
925.7

 
$
920.9

 
 
 
 
___________________________________________________
(1)
The interest rates on the revolving credit facility and term loan are described below.
XML 38 R26.htm IDEA: XBRL DOCUMENT v3.19.1
Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 28, 2019
Commitments and Contingencies Disclosure [Abstract]  
Lease Cost
These costs are presented within selling and marketing costs and administrative and other costs within the unaudited Condensed Consolidated Statements of Income depending upon the nature of the use of the facility.
 
 
Three months ended
 
 
March 28,
2019
Operating lease cost
 
$
0.8

Short-term lease cost
 
0.1

Variable lease cost
 
0.1

Total lease cost
 
$
1.0
Future Minimum Lease Payments Under Topic 840
The minimum lease payments under noncancelable operating leases as of December 27, 2018 were as follows (in millions).
Year
 
Minimum Lease Payments
2019
 
$
3.5

2020
 
3.3

2021
 
3.4

2022
 
3.4

2023
 
3.4

Thereafter
 
22.1

Total
 
$
39.1
Future Minimum Lease Payments Under Topic 842
The future lease payments under noncancelable operating leases as of March 28, 2019 were as follows (in millions).
Year
 
Future Lease Payments
2019 (March 29, 2019 - December 26, 2019)
 
$
2.5

2020
 
3.3

2021
 
3.3

2022
 
3.4

2023
 
3.4

2024
 
3.5

Thereafter
 
18.7

Total
 
38.1

Less: Imputed interest on future lease payments
 
(12.5
)
Total lease liability as of March 28, 2019 per the Condensed Consolidated Balance Sheet
 
$
25.6
XML 39 R27.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 28, 2019
Fair Value Disclosures [Abstract]  
Schedule of Other Assets
Other investments consisted of the following (in millions):
 
As of
 
March 28,
2019
 
December 27,
2018
Investment in AC JV, LLC (1)
$
1.1

 
$
0.9

Other investments (2)
2.1

 
2.1

Total
$
3.2

 
$
3.0

 
_______________________________________
(1)
Refer to Note 5—Related Party Transactions. This investment is accounted for utilizing the equity method.
(2)
The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities are accounted for at adjusted cost in accordance with the practicability exception under Accounting Standards Update 2016-1, Recognition and Measurement of Financial Assets and Financial Liabilities, and represent an ownership of less than 20%. The Company does not exert significant influence on these companies’ operating or financial activities.
Estimated Fair Values of Company's Financial Instruments
The estimated fair values of the Company’s financial instruments where carrying values do not approximate fair value were as follows (in millions):
 
As of March 28,
2019
 
As of December 27,
2018
 
Carrying Value
 
Fair Value (1)
 
Carrying Value
 
Fair Value (1)
Term loan
$
268.7

 
$
264.7

 
$
269.4

 
$
261.2

Notes due 2022
400.0

 
404.5

 
400.0

 
401.8

Notes due 2026
230.0

 
213.3

 
235.0

 
211.0

 
____________________________________________
(1)
If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2 based upon the inputs utilized.
Fair Values of the Company's Assets
The fair values of the Company’s assets and liabilities measured on a recurring basis pursuant to ASC 820-10, Fair Value Measurements and Disclosures are as follows (in millions):
 
 
 
Fair Value Measurements at Reporting Date Using
 
Fair Value as of March 28,
2019
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
ASSETS:
 
 
 
 
 
 
 
Cash equivalents (1)
$
34.4

 
$
14.0

 
$
20.4

 
$
—

Short-term marketable securities (2)
8.3

 
—

 
8.3

 
—

Long-term marketable securities (2)
10.1

 
—

 
10.1

 
—

Total assets
$
52.8

 
$
14.0

 
$
38.8

 
$
—

 
 
 
Fair Value Measurements at Reporting Date Using
 
Fair Value as of December 27,
2018
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
ASSETS:
 
 
 
 
 
 
 
Cash equivalents (1)
$
18.2

 
$
11.2

 
$
7.0

 
$
—

Short-term marketable securities (2)
24.0

 
—

 
24.0

 
—

Long-term marketable securities (2)
10.2

 
—

 
10.2

 
—

Total assets
$
52.4

 
$
11.2

 
$
41.2

 
$
—

___________________________________________
(1)
Cash Equivalents—The Company’s cash equivalents are carried at estimated fair value.  Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below.
(2)
Short-Term and Long-Term Marketable Securities—The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company’s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company’s government agency bonds is derived from quoted market information. The inputs in the valuation are classified as Level 1 if there is an active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the three months ended March 28, 2019 and March 29, 2018, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income.  Original cost of short-term marketable securities is based on the specific identification method. As of March 28, 2019 and December 27, 2018, there was $0.1 million and $0.2 million, respectively, of gross unrealized losses related to individual securities of $10.1 million and $11.8 million, respectively, that had been in a continuous loss position for 12 months or longer. The Company has not recorded an impairment because it has the intention and ability to hold these securities to maturity.
Schedule of Marketable Securities
The amortized cost basis, aggregate fair value and maturities of the marketable securities the Company held as of March 28, 2019 and December 27, 2018 were as follows:
 
As of March 28, 2019
 
Amortized Cost
Basis
(in millions)
 
Aggregate Fair
Value
(in millions)
 
Maturities (1)
(in years)
MARKETABLE SECURITIES:
 
 
 
 
 
Short-term municipal bonds
$
0.3

 
$
0.2

 
0.3
Short-term U.S. government agency bonds
3.5

 
3.5

 
0.5
Short-term commercial paper:
 
 
 
 
 
Industrial
2.0

 
2.0

 
0.2
Short-term certificates of deposit
2.6

 
2.6

 
0.5
Total short-term marketable securities
$
8.4

 
$
8.3

 

 
 
 
 
 
 
Long-term municipal bonds
1.2

 
1.3

 
1.3
Long-term U.S. government agency bonds
6.3

 
6.2

 
2.1
Long-term certificates of deposit
2.7

 
2.6

 
2.9
Total long-term marketable securities
$
10.2

 
$
10.1

 
 
Total marketable securities
$
18.6

 
$
18.4

 
 
 
As of December 27, 2018
 
Amortized Cost
Basis
(in millions)
 
Aggregate Fair
Value
(in millions)
 
Maturities (1)
(in years)
MARKETABLE SECURITIES:
 
 
 
 
 
Short-term U.S. government agency bonds
3.9

 
3.9

 
0.5
Short-term U.S. government treasury bonds
0.3

 
0.3

 
0.5
Short-term certificates of deposit
3.6

 
3.6

 
0.6
Short-term municipal bonds
0.5

 
0.5

 
0.1
Short-term commercial paper:
 
 
 
 
 
Financial
3.8

 
3.8

 
0.1
Industrial
12.0

 
11.9

 
0.1
Total short-term marketable securities
24.1

 
24.0

 
 
 
 
 
 
 
 
Long-term municipal bonds
1.2

 
1.3

 
1.5
Long-term U.S. government agency bonds
6.9

 
6.8

 
2.1
Long-term certificates of deposit
2.4

 
2.1

 
2.9
Total long-term marketable securities
10.5

 
10.2

 
 
Total marketable securities
$
34.6

 
$
34.2

 
 
___________________________________
(1)
Maturities—Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within 30 days.
XML 40 R28.htm IDEA: XBRL DOCUMENT v3.19.1
The Company (Narrative) (Details)
$ in Millions
 3 Months Ended
Mar. 28, 2019
USD ($)
Segment
shares
Mar. 29, 2018
shares
Dec. 28, 2018
USD ($)
General Company Information [Line Items]      
Membership units exchangeable into common stock ratio 100.00%    
Number of reportable segment | Segment 1    
Number of shares of restricted stock and stock units vested | shares 511,996 956,239  
Operating lease, right-of-use asset $ 21.5    
Short-term lease liability 1.3    
Long-term lease liability $ 24.3    
Accounting Standards Update 2016-02      
General Company Information [Line Items]      
Operating lease, right-of-use asset     $ 21.7
Short-term lease liability     1.4
Long-term lease liability     24.5
Reversal of related deferred rent liability     $ (4.2)
NCM, LLC.      
General Company Information [Line Items]      
Remaining term (in years) 18 years    
Common membership units outstanding | shares 159,024,458    
NCM Inc.      
General Company Information [Line Items]      
Common membership units outstanding | shares 77,318,971    
Percentage of common membership units outstanding 48.60%    
AMC      
General Company Information [Line Items]      
Common membership units outstanding | shares 197,118    
Percentage of common membership units outstanding 0.10%    
Cinemark      
General Company Information [Line Items]      
Common membership units outstanding | shares 39,737,700    
Percentage of common membership units outstanding 25.00%    
Regal      
General Company Information [Line Items]      
Common membership units outstanding | shares 41,770,669    
Percentage of common membership units outstanding 26.30%    
Minimum | NCM, LLC.      
General Company Information [Line Items]      
Range of long-term network affiliate agreement terms, in years 1 year    
Maximum | NCM, LLC.      
General Company Information [Line Items]      
Range of long-term network affiliate agreement terms, in years 20 years    
XML 41 R29.htm IDEA: XBRL DOCUMENT v3.19.1
The Company (Changes In Equity) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Accounting Policies [Abstract]    
Net loss attributable to NCM, Inc. $ (1.1) $ (1.9)
NCM LLC equity issued for purchase of intangible asset 3.7 7.7
Income tax and other impacts of subsidiary ownership changes (1.4) (3.7)
Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests $ 1.2 $ 2.1
XML 42 R30.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue from Contracts with Customers (Narrative) (Details) - USD ($)
 3 Months Ended
Mar. 28, 2019
Dec. 27, 2018
Revenue from Contract with Customer [Abstract]    
Make-good provision $ 4,700,000 $ 8.0
Noncancelable contract terms 2 years  
Estimated revenue to be recognized on noncancelable leases $ 53,300,000  
Unbilled accounts receivable $ 7,400,000 $ 6,000,000
XML 43 R31.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue from Contracts with Customers (Remaining Performance Obligations) (Details)
$ in Millions
Mar. 28, 2019
USD ($)
Revenue from Contract with Customer [Abstract]  
Remaining performance obligation $ 53.3
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-03-29  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue from contract, payment due period from the customer 9 months
XML 44 R32.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue from Contracts with Customers (Summary of Revenue from Contracts with Customers) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Disaggregation of Revenue [Line Items]    
Revenue $ 76.9 $ 80.2
National advertising revenue    
Disaggregation of Revenue [Line Items]    
Revenue 54.0 54.8
Local advertising revenue    
Disaggregation of Revenue [Line Items]    
Revenue 12.8 13.5
Regional advertising revenue    
Disaggregation of Revenue [Line Items]    
Revenue 3.4 3.9
Founding member advertising revenue from beverage concessionaire agreements    
Disaggregation of Revenue [Line Items]    
Revenue $ 6.7 $ 8.0
XML 45 R33.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue from Contracts with Customers (Summary of Changes in Deferred Revenue) (Details)
$ in Millions
 3 Months Ended
Mar. 28, 2019
USD ($)
Contract Liabilities  
Balance at beginning of period $ (7.3)
Performance obligations satisfied 7.3
New contract liabilities (6.9)
Balance at end of period $ (6.9)
XML 46 R34.htm IDEA: XBRL DOCUMENT v3.19.1
Loss Per Share (Schedule of Loss Per Share, Basic and Diluted) (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Earnings Per Share [Abstract]    
Net loss attributable to NCM, Inc. (in millions) $ (1.1) $ (1.9)
Weighted average shares outstanding:    
Basic (in shares) 77,179,777 76,640,414
Add: Dilutive effect of stock options and restricted stock (in shares) 0 0
Diluted (in shares) 77,179,777 76,640,414
Loss per NCM, Inc. share:    
Basic (in usd per share) $ (0.01) $ (0.03)
Diluted (in usd per share) $ (0.01) $ (0.03)
XML 47 R35.htm IDEA: XBRL DOCUMENT v3.19.1
Loss Per Share (Narrative) (Details) - shares
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Stock Options And Non-Vested Restricted Stock    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Shares excluded from the calculation of diluted weighted average shares 3,718,641 4,352,728
Common Units    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Shares excluded from the calculation of diluted weighted average shares 80,821,540 78,273,221
XML 48 R36.htm IDEA: XBRL DOCUMENT v3.19.1
Intangible Assets (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Finite-Lived Intangible Assets [Line Items]    
Integration and other encumbered payments, related parties - financing activities $ 0.0 $ 9.4
NCM, LLC.    
Finite-Lived Intangible Assets [Line Items]    
Common membership units issued, net of returned 1,044,665 2,821,710
Increase (decrease) in intangible assets, net $ 7.6 $ 15.9
Common membership units issued   3,736,860
Common membership units returned   915,150
NCM, LLC. | AMC and Cinemark    
Finite-Lived Intangible Assets [Line Items]    
Increase (decrease) in intangible assets, net 2.5 $ 2.2
Integration and other encumbered payments, related parties - financing activities $ 8.1 $ 9.4
Minimum | NCM, LLC.    
Finite-Lived Intangible Assets [Line Items]    
Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur (2.00%)  
Maximum | NCM, LLC.    
Finite-Lived Intangible Assets [Line Items]    
Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur 2.00%  
XML 49 R37.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions (Narrative) (Details) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Dec. 27, 2018
Dec. 26, 2013
Related Party Transaction [Line Items]        
On-screen advertising time to satisfy agreement obligations, in seconds 30 seconds 30 seconds    
Percentage of cash savings related to taxes 90.00%      
Cash payment due to founding members/managing member $ 6.1   $ 27.9  
Cash dividends on shares of NMC Inc 13.3 $ 13.3    
AC JV, LLC        
Related Party Transaction [Line Items]        
Investment in AC JV, LLC 1.1   0.9  
Equity in earnings of non-consolidated entities 0.2 $ 0.0    
NCM, LLC. | AC JV, LLC        
Related Party Transaction [Line Items]        
Ownership percentage       4.00%
AMC        
Related Party Transaction [Line Items]        
Common stock owned (in shares)   1.0    
Founding Members        
Related Party Transaction [Line Items]        
Cash payment due to founding members/managing member 6.1      
AMC        
Related Party Transaction [Line Items]        
Cash dividends on shares of NMC Inc   $ 0.2    
AMC | AC JV, LLC        
Related Party Transaction [Line Items]        
Ownership percentage       32.00%
Cinemark        
Related Party Transaction [Line Items]        
Cash payment due to founding members/managing member 3.0   13.7  
Cinemark | AC JV, LLC        
Related Party Transaction [Line Items]        
Ownership percentage       32.00%
Regal        
Related Party Transaction [Line Items]        
Cash payment due to founding members/managing member $ 3.1   $ 14.2  
Regal | AC JV, LLC        
Related Party Transaction [Line Items]        
Ownership percentage       32.00%
Minimum | NCM, LLC.        
Related Party Transaction [Line Items]        
On-screen advertising time to satisfy agreement obligations, in seconds 30 seconds      
Maximum | NCM, LLC.        
Related Party Transaction [Line Items]        
On-screen advertising time to satisfy agreement obligations, in seconds 60 seconds      
XML 50 R38.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Related Party Transaction [Line Items]    
Revenue $ 76.9 $ 80.2
Selling and marketing costs 15.2 16.0
Founding Members    
Related Party Transaction [Line Items]    
Revenue 5.3 8.0
Theater access fee 12.9 20.6
Selling and marketing costs 0.1 0.4
Interest income from notes receivable (included in interest income) $ 0.1 $ 0.1
XML 51 R39.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Additional Information) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Dec. 27, 2018
Dec. 26, 2013
Related Party Transaction [Line Items]        
On-screen advertising time to satisfy agreement obligations, in seconds 30 seconds 30 seconds    
NCM, LLC. | AC JV, LLC        
Related Party Transaction [Line Items]        
Ownership percentage       4.00%
One Founding Members        
Related Party Transaction [Line Items]        
On-screen advertising time purchased, in seconds 30 seconds 30 seconds    
Two Founding Members        
Related Party Transaction [Line Items]        
On-screen advertising time purchased, in seconds 60 seconds 60 seconds    
AMC | AC JV, LLC        
Related Party Transaction [Line Items]        
Ownership percentage       32.00%
AMC | NCM, LLC. | AC JV, LLC        
Related Party Transaction [Line Items]        
Promissory notes receivable from founding members       $ 8.3
Regal | AC JV, LLC        
Related Party Transaction [Line Items]        
Ownership percentage       32.00%
Regal | NCM, LLC. | AC JV, LLC        
Related Party Transaction [Line Items]        
Promissory notes receivable from founding members       $ 8.3
Cinemark | AC JV, LLC        
Related Party Transaction [Line Items]        
Ownership percentage       32.00%
Cinemark | NCM, LLC. | AC JV, LLC        
Related Party Transaction [Line Items]        
Promissory notes receivable from founding members       $ 8.3
Founding Members        
Related Party Transaction [Line Items]        
Promissory notes receivable from founding members $ 4.2   $ 5.6  
Founding Members | NCM, LLC. | AC JV, LLC        
Related Party Transaction [Line Items]        
Interest rate on notes receivable 5.00%      
Promissory notes receivable from founding members       $ 25.0
Founding Members | Promissory Notes | NCM, LLC. | AC JV, LLC        
Related Party Transaction [Line Items]        
Debt payment terms Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.      
Maximum        
Related Party Transaction [Line Items]        
On-screen advertising time which founding members have right to purchase, in seconds 90 seconds 90 seconds    
Maximum | NCM, LLC.        
Related Party Transaction [Line Items]        
On-screen advertising time to satisfy agreement obligations, in seconds 60 seconds      
Minimum | NCM, LLC.        
Related Party Transaction [Line Items]        
On-screen advertising time to satisfy agreement obligations, in seconds 30 seconds      
XML 52 R40.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Details) - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
Related Party Transaction [Line Items]    
Receivables from related parties, current $ 4.2 $ 5.6
Common unit adjustments, net of amortization and integration payments (included in intangible assets) 682.7 684.5
Current payable to founding members under tax receivable agreement 15.3 15.5
Long-term payable to founding members under tax receivable agreement 197.1 195.6
Founding Members    
Related Party Transaction [Line Items]    
Purchase of movie tickets and concession products (included in prepaid expenses) (1) 0.1 0.0
Receivables from related parties, current 2.8 4.2
Interest receivable on notes receivable (included in other current assets) 0.1 0.1
Common unit adjustments, net of amortization and integration payments (included in intangible assets) 656.6 657.6
Current payable to founding members under tax receivable agreement 10.9 11.2
Long-term payable to founding members under tax receivable agreement $ 143.5 $ 141.1
XML 53 R41.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Additional Information) (Details)
$ in Millions
 12 Months Ended
Dec. 27, 2018
USD ($)
Tax Year 2017  
Related Party Transaction [Line Items]  
Payments to affiliates for tax sharing agreement $ 18.4
XML 54 R42.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions (Schedule of Mandatory Distributions to Members) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Related Party Transaction [Line Items]    
Cash distributions declared to members $ 11.9 $ 16.5
AMC    
Related Party Transaction [Line Items]    
Cash distributions declared to members 0.0 2.2
Cinemark    
Related Party Transaction [Line Items]    
Cash distributions declared to members 3.0 3.0
Regal    
Related Party Transaction [Line Items]    
Cash distributions declared to members 3.1 3.2
Founding Members    
Related Party Transaction [Line Items]    
Cash distributions declared to members 6.1 8.4
NCM Inc.    
Related Party Transaction [Line Items]    
Cash distributions declared to members $ 5.8 $ 8.1
XML 55 R43.htm IDEA: XBRL DOCUMENT v3.19.1
Related Party Transactions (Schedule of Amounts Due to Founding Members, Net) (Details) - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
Related Party Transaction [Line Items]    
Theater access fees, net of beverage revenues and other encumbered theater payments $ 2.6 $ 2.5
Distributions payable to founding members 6.1 27.9
Integration payments due from founding members (0.1) (0.4)
Total amounts due to founding members, net 8.6 30.0
Cinemark    
Related Party Transaction [Line Items]    
Theater access fees, net of beverage revenues and other encumbered theater payments 1.0 1.0
Distributions payable to founding members 3.0 13.7
Integration payments due from founding members (0.1) (0.4)
Total amounts due to founding members, net 3.9 14.3
Regal    
Related Party Transaction [Line Items]    
Theater access fees, net of beverage revenues and other encumbered theater payments 1.6 1.5
Distributions payable to founding members 3.1 14.2
Integration payments due from founding members 0.0 0.0
Total amounts due to founding members, net $ 4.7 $ 15.7
XML 56 R44.htm IDEA: XBRL DOCUMENT v3.19.1
Borrowings (Schedule of Outstanding Debt) (Details) - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
Aug. 19, 2016
Apr. 27, 2012
Debt Instrument [Line Items]        
Debt issuance costs, long-term $ (7.3) $ (7.8)    
Carrying value of long-term debt 925.7 920.9    
NCM, LLC.        
Debt Instrument [Line Items]        
Outstanding borrowings 935.7 931.4    
Debt issuance costs, long-term (7.3) (7.8)    
Long-term Debt 928.4 923.6    
Carrying value of long-term debt 925.7 920.9    
Less: current portion of debt (2.7) (2.7)    
NCM, LLC. | Senior secured notes due 2022        
Debt Instrument [Line Items]        
Outstanding borrowings $ 400.0 400.0    
Interest Rate 6.00%     6.00%
NCM, LLC. | Senior unsecured notes due 2026        
Debt Instrument [Line Items]        
Outstanding borrowings $ 230.0 235.0    
Interest Rate 5.75%   5.75%  
NCM, LLC. | Term loan        
Debt Instrument [Line Items]        
Outstanding borrowings $ 268.7 269.4    
Interest Rate 5.50%      
NCM, LLC. | Revolving credit facility        
Debt Instrument [Line Items]        
Outstanding borrowings $ 37.0 $ 27.0    
XML 57 R45.htm IDEA: XBRL DOCUMENT v3.19.1
Borrowings (Narrative) (Details)
 3 Months Ended
Mar. 28, 2019
USD ($)
Mar. 29, 2018
USD ($)
Dec. 27, 2018
USD ($)
Aug. 19, 2016
USD ($)
Apr. 27, 2012
USD ($)
Debt Instrument [Line Items]          
Repayment of term loan facility $ 700,000 $ 0      
NCM, LLC.          
Debt Instrument [Line Items]          
Debt Instrument, carrying value 935,700,000   $ 931,400,000    
Cash and cash equivalents used in determining senior secured leverage ratio $ 100,000,000        
NCM, LLC. | Senior Secured Credit Facility          
Debt Instrument [Line Items]          
Net total leverage ratio, covenant 6.25        
Net senior secured leverage ratio 4.50        
Senior secured leverage ratio 320.00%        
Net total leverage ratio 4.25        
NCM, LLC. | Senior secured notes due 2022          
Debt Instrument [Line Items]          
Debt Instrument, carrying value $ 400,000,000   400,000,000    
Debt instrument face amount         $ 400,000,000
Stated interest rate 6.00%       6.00%
Debt instrument, frequency of periodic payment The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced on October 15, 2012.        
NCM, LLC. | Senior unsecured notes due 2026          
Debt Instrument [Line Items]          
Debt Instrument, carrying value $ 230,000,000   235,000,000    
Debt instrument face amount       $ 250,000,000  
Stated interest rate 5.75%     5.75%  
Debt instrument, frequency of periodic payment The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, which commenced on February 15, 2017.        
Debt instrument issued percentage of face value       100.00%  
Debt instrument, repurchase amount $ 5,000,000   15,000,000    
Write-off of debt issuance costs $ 300,000 $ 0      
NCM, LLC. | Maximum | Senior Secured Credit Facility          
Debt Instrument [Line Items]          
Net senior secured leverage ratio 5.50        
NCM, LLC. | Term loan          
Debt Instrument [Line Items]          
Debt Instrument, carrying value $ 268,700,000   269,400,000    
Amortization rate 1.00%        
Repayment of term loan facility $ 1,300,000        
Stated interest rate 5.50%        
NCM, LLC. | Term loan | LIBOR          
Debt Instrument [Line Items]          
Basis spread on variable rate, percent 3.00%        
NCM, LLC. | Term loan | Base Rate          
Debt Instrument [Line Items]          
Basis spread on variable rate, percent 2.00%        
NCM, LLC. | Revolving credit facility          
Debt Instrument [Line Items]          
Borrowing amount of credit facility $ 175,000,000        
Debt Instrument, carrying value 37,000,000   $ 27,000,000    
Remaining borrowing capacity of credit facility $ 133,200,000        
Unused line fee, percent 0.50%        
Weighted-average interest rate 5.36%        
NCM, LLC. | Revolving credit facility | LIBOR | Minimum          
Debt Instrument [Line Items]          
Basis spread on variable rate, percent 1.75%        
NCM, LLC. | Revolving credit facility | LIBOR | Maximum          
Debt Instrument [Line Items]          
Basis spread on variable rate, percent 2.25%        
NCM, LLC. | Revolving credit facility | Base Rate | Minimum          
Debt Instrument [Line Items]          
Basis spread on variable rate, percent 0.75%        
NCM, LLC. | Revolving credit facility | Base Rate | Maximum          
Debt Instrument [Line Items]          
Basis spread on variable rate, percent 1.25%        
NCM, LLC. | Revolving credit facility | Letter of Credit          
Debt Instrument [Line Items]          
Outstanding letters of credit $ 4,800,000        
XML 58 R46.htm IDEA: XBRL DOCUMENT v3.19.1
Income Taxes (Narrative) (Details)
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Income Tax Contingency [Line Items]    
Effective tax rate 34.40% 88.60%
State and Federal    
Income Tax Contingency [Line Items]    
Effective tax rate 24.40% 25.40%
XML 59 R47.htm IDEA: XBRL DOCUMENT v3.19.1
Commitments and Contingencies (Narrative) (Details) - USD ($)
 3 Months Ended
Mar. 28, 2019
Dec. 27, 2018
Other Commitments [Line Items]    
Operating lease, right-of-use asset $ 21,500,000  
Short-term lease liability 1,300,000  
Long-term lease liability $ 24,300,000  
Weighted average remaining lease term 11 years  
Operating lease payments $ 800,000  
Weighted average discount rate 7.42%  
Maximum potential payment $ 97,900,000  
Additional amount accrued related to minimum guarantees 500,000 $ 100,000
NCM, LLC. | Founding Members    
Other Commitments [Line Items]    
Liabilities recorded for related party obligations $ 0 $ 0
Percentage of increase in payment per theatre patron 8.00%  
Term of increase in payment percentage per theater patron 5 years  
Percentage of increase in payment per digital screen and digital cinema equipment 5.00%  
Minimum    
Other Commitments [Line Items]    
Range of terms, in years 1 year  
Minimum | NCM, LLC. | Founding Members    
Other Commitments [Line Items]    
Aggregate percentage of theater access fee paid 12.00%  
Maximum    
Other Commitments [Line Items]    
Range of terms, in years 20 years  
XML 60 R48.htm IDEA: XBRL DOCUMENT v3.19.1
Commitments and Contingencies (Operating Lease Cost) (Details)
$ in Millions
 3 Months Ended
Mar. 28, 2019
USD ($)
Commitments and Contingencies Disclosure [Abstract]  
Operating Lease, Cost $ 0.8
Short-term Lease, Cost 0.1
Variable Lease, Cost 0.1
Lease, Cost $ 1.0
XML 61 R49.htm IDEA: XBRL DOCUMENT v3.19.1
Commitments and Contingencies (Future Minimum Lease Payments) (Details) - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
Future Minimum Lease Payments Under Topic 840    
2019   $ 3.5
2020   3.3
2021   3.4
2022   3.4
2023   3.4
Thereafter   22.1
Total   $ 39.1
Future Minimum Lease Payments Under Topic 842    
2019 (March 29, 2019 - December 26, 2019) $ 2.5  
2020 3.3  
2021 3.3  
2022 3.4  
2023 3.4  
2024 3.5  
Thereafter 18.7  
Total 38.1  
Less: Imputed interest on future lease payments (12.5)  
Total lease liability as of March 28, 2019 per the Condensed Consolidated Balance Sheet $ 25.6  
XML 62 R50.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements (Schedule of Other Investments) (Details) - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]    
Other investments $ 2.1 $ 2.1
Total other investments 3.2 3.0
AC JV, LLC    
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]    
Investment in AC JV, LLC $ 1.1 $ 0.9
XML 63 R51.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements (Schedule of Other Investments) (Additional Information) (Details)
 3 Months Ended 12 Months Ended
Mar. 28, 2019
Dec. 27, 2018
Maximum    
Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]    
Cost-method ownership percentage 20.00% 20.00%
XML 64 R52.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 28, 2019
Mar. 29, 2018
Dec. 27, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Impairment of investment $ 0.0 $ 0.4  
Founding Members      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Promissory notes receivable from founding members 4.2   $ 5.6
Impaired Investments      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair value of cost method investment $ 0.0 $ 0.0  
XML 65 R53.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements (Estimated Fair Values of Company's Financial Instruments) (Details) - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
Term loan | Carrying Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Debt Instrument $ 268.7 $ 269.4
Term loan | Fair Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Debt Instrument 264.7 261.2
Notes due 2022 | Carrying Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Debt Instrument 400.0 400.0
Notes due 2022 | Fair Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Debt Instrument 404.5 401.8
Notes due 2026 | Carrying Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Debt Instrument 230.0 235.0
Notes due 2026 | Fair Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Debt Instrument $ 213.3 $ 211.0
XML 66 R54.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Details) - USD ($)
$ in Millions
Mar. 28, 2019
Dec. 27, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Short-term marketable securities $ 8.3 $ 24.0
Long-term marketable securities 10.1 10.2
Fair Value, Measurements, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash equivalents 34.4 18.2
Short-term marketable securities 8.3 24.0
Long-term marketable securities 10.1 10.2
Total assets 52.8 52.4
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Measurements, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash equivalents 14.0 11.2
Total assets 14.0 11.2
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements, Recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash equivalents 20.4 7.0
Short-term marketable securities 8.3 24.0
Long-term marketable securities 10.1 10.2
Total assets $ 38.8 $ 41.2
XML 67 R55.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Additional Information) (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 28, 2019
Dec. 27, 2018
Fair Value Disclosures [Abstract]    
Gross unrealized losses related to individual securities $ 0.1 $ 0.2
Gross unrealized losses related to individual securities had been in continuous loss position for 12 months or longer $ 10.1 $ 11.8
XML 68 R56.htm IDEA: XBRL DOCUMENT v3.19.1
Fair Value Measurements (Schedule of Marketable Securities) (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 28, 2019
Dec. 27, 2018
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis $ 18.6 $ 34.6
Aggregate Fair Value - Short term marketable securities 8.3 24.0
Aggregate Fair Value - Long term marketable securities 10.1 10.2
Aggregate Fair Value - Total marketable securities 18.4 34.2
Short-term Marketable Securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis 8.4 24.1
Aggregate Fair Value - Short term marketable securities 8.3 24.0
Short-term Marketable Securities | Municipal Bonds    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis 0.3 0.5
Aggregate Fair Value - Short term marketable securities $ 0.2 $ 0.5
Maturities 3 months 18 days 1 month
Short-term Marketable Securities | U.S. Government Agency Bonds    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis $ 3.5 $ 3.9
Aggregate Fair Value - Short term marketable securities $ 3.5 $ 3.9
Maturities 6 months 6 months
Short-term Marketable Securities | Short-Term U.S. Government Treasury Bonds    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis   $ 0.3
Aggregate Fair Value - Short term marketable securities   $ 0.3
Maturities   6 months
Short-term Marketable Securities | Certificates of Deposit    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis $ 2.6 $ 3.6
Aggregate Fair Value - Short term marketable securities $ 2.6 $ 3.6
Maturities 6 months 7 months
Short-term Marketable Securities | Financial Commercial Paper    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis   $ 3.8
Aggregate Fair Value - Short term marketable securities   $ 3.8
Maturities   1 month
Short-term Marketable Securities | Industrial Commercial Paper    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis $ 2.0 $ 12.0
Aggregate Fair Value - Short term marketable securities $ 2.0 $ 11.9
Maturities 2 months 12 days 1 month
Long-term Marketable Securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis $ 10.2 $ 10.5
Aggregate Fair Value - Long term marketable securities 10.1 10.2
Long-term Marketable Securities | Municipal Bonds    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis 1.2 1.2
Aggregate Fair Value - Long term marketable securities $ 1.3 $ 1.3
Maturities 1 year 3 months 18 days 1 year 6 months
Long-term Marketable Securities | U.S. Government Agency Bonds    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis $ 6.3 $ 6.9
Aggregate Fair Value - Long term marketable securities $ 6.2 $ 6.8
Maturities 2 years 1 month 2 years 1 month
Long-term Marketable Securities | Certificates of Deposit    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis   $ 2.4
Aggregate Fair Value - Long term marketable securities   $ 2.1
Maturities   2 years 11 months
Long-term Marketable Securities | Financial Certificates Of Deposit    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost Basis $ 2.7  
Aggregate Fair Value - Long term marketable securities $ 2.6  
Maturities 2 years 10 months 15 days  
XML 69 R57.htm IDEA: XBRL DOCUMENT v3.19.1
Subsequent Event (Narrative) (Details) - Subsequent Event
$ / shares in Units, $ in Millions
May 06, 2019
USD ($)
$ / shares
Subsequent Events [Line Items]  
Cash dividends declared (in usd per share) | $ / shares $ 0.17
Dividends payable | $ $ 13.1
XML 70 R9999.htm IDEA: XBRL DOCUMENT v3.19.1
Label Element Value
Cumulative Effect of New Accounting Principle in Period of Adoption us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $ (200,000)
Retained Earnings [Member]  
Cumulative Effect of New Accounting Principle in Period of Adoption us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $ (200,000)
EXCEL 71 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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�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end

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end XML 72 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 73 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 74 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.1 html 191 287 1 false 57 0 false 5 false false R1.htm 0002000 - Document - Document And Entity Information Sheet http://ncm.com/role/DocumentAndEntityInformation Document And Entity Information Cover 1 false false R2.htm 1001000 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS Sheet http://ncm.com/role/CondensedConsolidatedBalanceSheets CONDENSED CONSOLIDATED BALANCE SHEETS Statements 2 false false R3.htm 1001501 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) Sheet http://ncm.com/role/CondensedConsolidatedBalanceSheetsParenthetical CONDENSED CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) Statements 3 false false R4.htm 1002000 - Statement - CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME Sheet http://ncm.com/role/CondensedStatementsOfIncomeAndComprehensiveIncome CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME Statements 4 false false R5.htm 1002501 - Statement - CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (PARENTHETICAL) (UNAUDITED) Sheet http://ncm.com/role/CondensedStatementsOfIncomeAndComprehensiveIncomeParentheticalUnaudited CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (PARENTHETICAL) (UNAUDITED) Statements 5 false false R6.htm 1003000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Sheet http://ncm.com/role/CondensedConsolidatedStatementsOfCashFlows CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Statements 6 false false R7.htm 1003001 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (PARENTHETICAL) Sheet http://ncm.com/role/CondensedConsolidatedStatementsOfCashFlowsParenthetical CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (PARENTHETICAL) Statements 7 false false R8.htm 1004000 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) Sheet http://ncm.com/role/CondensedConsolidatedStatementsOfEquityDeficit CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) Statements 8 false false R9.htm 1004501 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) (PARENTHETICAL) (UNAUDITED) Sheet http://ncm.com/role/CondensedConsolidatedStatementsOfEquityDeficitParentheticalUnaudited CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) (PARENTHETICAL) (UNAUDITED) Statements 9 false false R10.htm 2101100 - Disclosure - The Company Sheet http://ncm.com/role/Company The Company Notes 10 false false R11.htm 2102100 - Disclosure - Revenue from Contracts with Customers Sheet http://ncm.com/role/RevenueFromContractsWithCustomers Revenue from Contracts with Customers Notes 11 false false R12.htm 2103100 - Disclosure - Loss Per Share Sheet http://ncm.com/role/LossPerShare Loss Per Share Notes 12 false false R13.htm 2104100 - Disclosure - Intangible Assets Sheet http://ncm.com/role/IntangibleAssets Intangible Assets Notes 13 false false R14.htm 2105100 - Disclosure - Related Party Transactions Sheet http://ncm.com/role/RelatedPartyTransactions Related Party Transactions Notes 14 false false R15.htm 2106100 - Disclosure - Borrowings Sheet http://ncm.com/role/Borrowings Borrowings Notes 15 false false R16.htm 2107100 - Disclosure - Income Taxes Sheet http://ncm.com/role/IncomeTaxes Income Taxes Notes 16 false false R17.htm 2108100 - Disclosure - Commitments and Contingencies Sheet http://ncm.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 17 false false R18.htm 2109100 - Disclosure - Fair Value Measurements Sheet http://ncm.com/role/FairValueMeasurements Fair Value Measurements Notes 18 false false R19.htm 2110100 - Disclosure - Subsequent Event Sheet http://ncm.com/role/SubsequentEvent Subsequent Event Notes 19 false false R20.htm 2201201 - Disclosure - The Company (Policies) Sheet http://ncm.com/role/CompanyPolicies The Company (Policies) Policies 20 false false R21.htm 2301302 - Disclosure - The Company (Tables) Sheet http://ncm.com/role/CompanyTables The Company (Tables) Tables http://ncm.com/role/Company 21 false false R22.htm 2302301 - Disclosure - Revenue from Contracts with Customers (Tables) Sheet http://ncm.com/role/RevenueFromContractsWithCustomersTables Revenue from Contracts with Customers (Tables) Tables http://ncm.com/role/RevenueFromContractsWithCustomers 22 false false R23.htm 2303301 - Disclosure - Loss Per Share (Tables) Sheet http://ncm.com/role/LossPerShareTables Loss Per Share (Tables) Tables http://ncm.com/role/LossPerShare 23 false false R24.htm 2305301 - Disclosure - Related Party Transactions (Tables) Sheet http://ncm.com/role/RelatedPartyTransactionsTables Related Party Transactions (Tables) Tables http://ncm.com/role/RelatedPartyTransactions 24 false false R25.htm 2306301 - Disclosure - Borrowings (Tables) Sheet http://ncm.com/role/BorrowingsTables Borrowings (Tables) Tables http://ncm.com/role/Borrowings 25 false false R26.htm 2308301 - Disclosure - Commitments and Contingencies (Tables) Sheet http://ncm.com/role/CommitmentsAndContingenciesTables Commitments and Contingencies (Tables) Tables http://ncm.com/role/CommitmentsAndContingencies 26 false false R27.htm 2309301 - Disclosure - Fair Value Measurements (Tables) Sheet http://ncm.com/role/FairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://ncm.com/role/FairValueMeasurements 27 false false R28.htm 2401403 - Disclosure - The Company (Narrative) (Details) Sheet http://ncm.com/role/CompanyNarrativeDetails The Company (Narrative) (Details) Details http://ncm.com/role/CompanyTables 28 false false R29.htm 2401404 - Disclosure - The Company (Changes In Equity) (Details) Sheet http://ncm.com/role/CompanyChangesInEquityDetails The Company (Changes In Equity) (Details) Details http://ncm.com/role/CompanyTables 29 false false R30.htm 2402402 - Disclosure - Revenue from Contracts with Customers (Narrative) (Details) Sheet http://ncm.com/role/RevenueFromContractsWithCustomersNarrativeDetails Revenue from Contracts with Customers (Narrative) (Details) Details http://ncm.com/role/RevenueFromContractsWithCustomersTables 30 false false R31.htm 2402403 - Disclosure - Revenue from Contracts with Customers (Remaining Performance Obligations) (Details) Sheet http://ncm.com/role/RevenueFromContractsWithCustomersRemainingPerformanceObligationsDetails Revenue from Contracts with Customers (Remaining Performance Obligations) (Details) Details http://ncm.com/role/RevenueFromContractsWithCustomersTables 31 false false R32.htm 2402404 - Disclosure - Revenue from Contracts with Customers (Summary of Revenue from Contracts with Customers) (Details) Sheet http://ncm.com/role/RevenueFromContractsWithCustomersSummaryOfRevenueFromContractsWithCustomersDetails Revenue from Contracts with Customers (Summary of Revenue from Contracts with Customers) (Details) Details http://ncm.com/role/RevenueFromContractsWithCustomersTables 32 false false R33.htm 2402405 - Disclosure - Revenue from Contracts with Customers (Summary of Changes in Deferred Revenue) (Details) Sheet http://ncm.com/role/RevenueFromContractsWithCustomersSummaryOfChangesInDeferredRevenueDetails Revenue from Contracts with Customers (Summary of Changes in Deferred Revenue) (Details) Details http://ncm.com/role/RevenueFromContractsWithCustomersTables 33 false false R34.htm 2403402 - Disclosure - Loss Per Share (Schedule of Loss Per Share, Basic and Diluted) (Details) Sheet http://ncm.com/role/LossPerShareScheduleOfLossPerShareBasicAndDilutedDetails Loss Per Share (Schedule of Loss Per Share, Basic and Diluted) (Details) Details http://ncm.com/role/LossPerShareTables 34 false false R35.htm 2403403 - Disclosure - Loss Per Share (Narrative) (Details) Sheet http://ncm.com/role/LossPerShareNarrativeDetails Loss Per Share (Narrative) (Details) Details http://ncm.com/role/LossPerShareTables 35 false false R36.htm 2404401 - Disclosure - Intangible Assets (Narrative) (Details) Sheet http://ncm.com/role/IntangibleAssetsNarrativeDetails Intangible Assets (Narrative) (Details) Details http://ncm.com/role/IntangibleAssets 36 false false R37.htm 2405402 - Disclosure - Related Party Transactions (Narrative) (Details) Sheet http://ncm.com/role/RelatedPartyTransactionsNarrativeDetails Related Party Transactions (Narrative) (Details) Details http://ncm.com/role/RelatedPartyTransactionsTables 37 false false R38.htm 2405403 - Disclosure - Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Details) Sheet http://ncm.com/role/RelatedPartyTransactionsSummaryOfTransactionsBetweenCompanyAndFoundingMembersIncludedInStatementsOfIncomeDetails Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Details) Details http://ncm.com/role/RelatedPartyTransactionsTables 38 false false R39.htm 2405404 - Disclosure - Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Additional Information) (Details) Sheet http://ncm.com/role/RelatedPartyTransactionsSummaryOfTransactionsBetweenCompanyAndFoundingMembersIncludedInStatementsOfIncomeAdditionalInformationDetails Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Additional Information) (Details) Details http://ncm.com/role/RelatedPartyTransactionsTables 39 false false R40.htm 2405405 - Disclosure - Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Details) Sheet http://ncm.com/role/RelatedPartyTransactionsSummaryOfTransactionsBetweenCompanyAndFoundingMembersIncludedInBalanceSheetsDetails Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Details) Details http://ncm.com/role/RelatedPartyTransactionsTables 40 false false R41.htm 2405406 - Disclosure - Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Additional Information) (Details) Sheet http://ncm.com/role/RelatedPartyTransactionsSummaryOfTransactionsBetweenCompanyAndFoundingMembersIncludedInBalanceSheetsAdditionalInformationDetails Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Additional Information) (Details) Details http://ncm.com/role/RelatedPartyTransactionsTables 41 false false R42.htm 2405407 - Disclosure - Related Party Transactions (Schedule of Mandatory Distributions to Members) (Details) Sheet http://ncm.com/role/RelatedPartyTransactionsScheduleOfMandatoryDistributionsToMembersDetails Related Party Transactions (Schedule of Mandatory Distributions to Members) (Details) Details http://ncm.com/role/RelatedPartyTransactionsTables 42 false false R43.htm 2405408 - Disclosure - Related Party Transactions (Schedule of Amounts Due to Founding Members, Net) (Details) Sheet http://ncm.com/role/RelatedPartyTransactionsScheduleOfAmountsDueToFoundingMembersNetDetails Related Party Transactions (Schedule of Amounts Due to Founding Members, Net) (Details) Details http://ncm.com/role/RelatedPartyTransactionsTables 43 false false R44.htm 2406402 - Disclosure - Borrowings (Schedule of Outstanding Debt) (Details) Sheet http://ncm.com/role/BorrowingsScheduleOfOutstandingDebtDetails Borrowings (Schedule of Outstanding Debt) (Details) Details http://ncm.com/role/BorrowingsTables 44 false false R45.htm 2406403 - Disclosure - Borrowings (Narrative) (Details) Sheet http://ncm.com/role/BorrowingsNarrativeDetails Borrowings (Narrative) (Details) Details http://ncm.com/role/BorrowingsTables 45 false false R46.htm 2407401 - Disclosure - Income Taxes (Narrative) (Details) Sheet http://ncm.com/role/IncomeTaxesNarrativeDetails Income Taxes (Narrative) (Details) Details http://ncm.com/role/IncomeTaxes 46 false false R47.htm 2408402 - Disclosure - Commitments and Contingencies (Narrative) (Details) Sheet http://ncm.com/role/CommitmentsAndContingenciesNarrativeDetails Commitments and Contingencies (Narrative) (Details) Details http://ncm.com/role/CommitmentsAndContingenciesTables 47 false false R48.htm 2408403 - Disclosure - Commitments and Contingencies (Operating Lease Cost) (Details) Sheet http://ncm.com/role/CommitmentsAndContingenciesOperatingLeaseCostDetails Commitments and Contingencies (Operating Lease Cost) (Details) Details http://ncm.com/role/CommitmentsAndContingenciesTables 48 false false R49.htm 2408404 - Disclosure - Commitments and Contingencies (Future Minimum Lease Payments) (Details) Sheet http://ncm.com/role/CommitmentsAndContingenciesFutureMinimumLeasePaymentsDetails Commitments and Contingencies (Future Minimum Lease Payments) (Details) Details http://ncm.com/role/CommitmentsAndContingenciesTables 49 false false R50.htm 2409402 - Disclosure - Fair Value Measurements (Schedule of Other Investments) (Details) Sheet http://ncm.com/role/FairValueMeasurementsScheduleOfOtherInvestmentsDetails Fair Value Measurements (Schedule of Other Investments) (Details) Details http://ncm.com/role/FairValueMeasurementsTables 50 false false R51.htm 2409403 - Disclosure - Fair Value Measurements (Schedule of Other Investments) (Additional Information) (Details) Sheet http://ncm.com/role/FairValueMeasurementsScheduleOfOtherInvestmentsAdditionalInformationDetails Fair Value Measurements (Schedule of Other Investments) (Additional Information) (Details) Details http://ncm.com/role/FairValueMeasurementsTables 51 false false R52.htm 2409404 - Disclosure - Fair Value Measurements (Narrative) (Details) Sheet http://ncm.com/role/FairValueMeasurementsNarrativeDetails Fair Value Measurements (Narrative) (Details) Details http://ncm.com/role/FairValueMeasurementsTables 52 false false R53.htm 2409405 - Disclosure - Fair Value Measurements (Estimated Fair Values of Company's Financial Instruments) (Details) Sheet http://ncm.com/role/FairValueMeasurementsEstimatedFairValuesOfCompanysFinancialInstrumentsDetails Fair Value Measurements (Estimated Fair Values of Company's Financial Instruments) (Details) Details http://ncm.com/role/FairValueMeasurementsTables 53 false false R54.htm 2409406 - Disclosure - Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Details) Sheet http://ncm.com/role/FairValueMeasurementsFairValuesOfCompanysAssetsAndLiabilitiesDetails Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Details) Details http://ncm.com/role/FairValueMeasurementsTables 54 false false R55.htm 2409407 - Disclosure - Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Additional Information) (Details) Sheet http://ncm.com/role/FairValueMeasurementsFairValuesOfCompanysAssetsAndLiabilitiesAdditionalInformationDetails Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Additional Information) (Details) Details http://ncm.com/role/FairValueMeasurementsTables 55 false false R56.htm 2409408 - Disclosure - Fair Value Measurements (Schedule of Marketable Securities) (Details) Sheet http://ncm.com/role/FairValueMeasurementsScheduleOfMarketableSecuritiesDetails Fair Value Measurements (Schedule of Marketable Securities) (Details) Details http://ncm.com/role/FairValueMeasurementsTables 56 false false R57.htm 2410401 - Disclosure - Subsequent Event (Narrative) (Details) Sheet http://ncm.com/role/SubsequentEventNarrativeDetails Subsequent Event (Narrative) (Details) Details http://ncm.com/role/SubsequentEvent 57 false false R9999.htm Uncategorized Items - ncminc-20190328.xml Sheet http://xbrl.sec.gov/role/uncategorizedFacts Uncategorized Items - ncminc-20190328.xml Cover 58 false false All Reports Book All Reports ncminc-20190328.xml ncminc-20190328.xsd ncminc-20190328_cal.xml ncminc-20190328_def.xml ncminc-20190328_lab.xml ncminc-20190328_pre.xml http://xbrl.sec.gov/dei/2018-01-31 http://fasb.org/us-gaap/2018-01-31 http://xbrl.sec.gov/invest/2013-01-31 http://fasb.org/srt/2018-01-31 true true ZIP 77 0001377630-19-000079-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001377630-19-000079-xbrl.zip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