XML 114 R101.htm IDEA: XBRL DOCUMENT v3.22.0.1
Long Term Debt - Additional Information (Detail)
1 Months Ended 12 Months Ended
Aug. 21, 2020
USD ($)
$ / shares
Apr. 20, 2020
USD ($)
Jun. 15, 2021
USD ($)
May 21, 2021
USD ($)
Mar. 16, 2021
USD ($)
Dec. 31, 2021
USD ($)
d
Agreement
Dec. 31, 2020
USD ($)
Tradingday
Dec. 31, 2019
USD ($)
Jan. 01, 2021
USD ($)
Apr. 17, 2020
Debt Instrument [Line Items]                    
Interest rate           4.50% 4.50%      
Debt issuance costs           $ 17,272,000 $ 24,981,000 $ 0    
Amount outstanding under the term loan           $ 633,136,000 639,731,000      
Percentage voting stock of foreign subsidiaries           65.00%        
Multiple consolidated interest expense under sub condition two of condition two under dividend restriction           1.75        
Loans Amount           $ 30,200,000        
Fair value of long-term debt           2,749,829,000 2,652,635,000      
Loss accumulated on swaps prior to the amendments           29,359,000        
Amortization of accumulated losses for amended swap agreements           4,495,000 3,371,000      
Debt issuance costs           42,832,000 132,682,000      
Loss on extinguishment of debt           6,527,000 $ 0 $ 0    
Loans Amount           35,797,000        
Cash deposited to support issuance of bank letter of credit           $ 25,767,000        
Interest Rate Swap                    
Debt Instrument [Line Items]                    
Number of Interest Rate Swap Agreements Amended | Agreement           3        
Amended Senior Secured Credit Facility                    
Debt Instrument [Line Items]                    
Quarterly principal payments due           $ 1,649,000        
Last quarterly payment date           Dec. 31, 2024        
Final principal payment           $ 613,351,000        
Disclosure of dividend restrictions associated with the debt agreement           $ 2,700,000,000        
Amended Senior Secured Credit Facility | Maximum                    
Debt Instrument [Line Items]                    
Senior secured leverage ratio required           4.25%        
4.50 % Convertible Senior Notes                    
Debt Instrument [Line Items]                    
Aggregate principal amount of add-on to Senior Notes $ 460,000,000                  
Interest rate 4.50%         4.50%        
Debt instrument, maturity date Aug. 15, 2025                  
Conversion price per share, percentage 130.00%                  
Trading price per principal amount of notes $ 1,000                  
Percentage of product of last reported sale price of common stock and conversion rate 98.00%                  
Debt conversion, description           (1) during the five business day period after any five consecutive trading day period, or the measurement period, in which the trading price per $1,000 principal amount of notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price of the Company’s common stock and the conversion rate on each such trading day; (2) if the Company distributes to all or substantially all stockholders (i) rights options or warrants entitling them to purchase shares at a discount to the recent average trading price of the Company’s common stock (including due to a stockholder rights plan) or (ii) the Company’s assets or securities or rights, options or warrants to purchase the same with a per share value exceeding 10% of the trading price of the Company’s stock, (3) upon the occurrence of specified corporate events as described further in the indenture, or (4) during any calendar quarter commencing after the calendar quarter ending on September 30, 2020 (and only during such calendar quarter), if the last reported sale price of the Company’s common stock for at least 20 trading days during the period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price (initially 14.35 per share), on each applicable trading day. Beginning May 15, 2025, holders may convert their 4.500% Convertible Senior Notes at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date. Upon conversion of the 4.500% Convertible Senior Notes, the Company will pay or deliver cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, at the Company’s election.        
Debt instrument, convertible, latest date           May 15, 2025        
Debt instrument, convertible, threshold trading days           30 20      
Debt instrument, convertible, threshold consecutive trading days | Tradingday             30      
Debt instrument, convertible, conversion ratio per 1000 principal amount 69.6767                  
Total cost of the Hedge Transactions $ 142,094,000                  
Warrants, per share | $ / shares $ 22.08                  
Cash proceeds from the sale of the warrants $ 89,424,000                  
4.50 % Convertible Senior Notes | Cinemark Holdings Inc                    
Debt Instrument [Line Items]                    
Aggregate principal amount of add-on to Senior Notes                 $ 460,000,000  
Interest rate                 4.50%  
4.50 % Convertible Senior Notes | Minimum                    
Debt Instrument [Line Items]                    
Sale price per share | $ / shares $ 14.35                  
Debt instrument, convertible, threshold trading days | d           20        
4.875 % Senior Notes                    
Debt Instrument [Line Items]                    
Aggregate principal amount of add-on to Senior Notes     $ 755,000,000              
Interest rate     4.875%              
Tender offer amount       $ 755,000,000            
Remaining principal amount of optional redemption       $ 755,000,000            
Outstanding principal at the redemption price percentage       100.00%            
Loss on extinguishment of debt           $ (3,919,000)        
4.875 % Senior Notes | Unamortized Debt Issuance Costs                    
Debt Instrument [Line Items]                    
Unamortized debt issuance costs           3,301,000        
4.875 % Senior Notes | Payment of Fees                    
Debt Instrument [Line Items]                    
Unamortized debt issuance costs           618,000        
5.125% Senior Notes                    
Debt Instrument [Line Items]                    
Tender offer amount         $ 333,990,000          
Remaining principal amount of optional redemption         $ 66,010,000          
Outstanding principal at the redemption price percentage         100.00%          
Loss on extinguishment of debt           (2,603,000)        
5.125% Senior Notes | Unamortized Debt Issuance Costs                    
Debt Instrument [Line Items]                    
Unamortized debt issuance costs           1,168,000        
5.125% Senior Notes | Payment of Fees                    
Debt Instrument [Line Items]                    
Unamortized debt issuance costs           1,435,000        
5.250% Senior Notes                    
Debt Instrument [Line Items]                    
Aggregate principal amount of add-on to Senior Notes     $ 765,000,000              
Interest rate     5.25%              
Debt instrument, maturity date     Jul. 15, 2028              
Debt Instrument Issue Discount     101.00%              
Debt issuance costs     $ 10,684,000              
5.875% Senior Notes                    
Debt Instrument [Line Items]                    
Aggregate principal amount of add-on to Senior Notes         $ 405,000,000          
Interest rate         5.875%          
Disclosure of dividend restrictions associated with the debt agreement           $ 3,000,000,000        
Debt instrument, maturity date         Mar. 15, 2026          
Debt Instrument Issue Discount         101.00% 101.00%        
Debt covenants, required minimum coverage ratio           2.00%        
Actual coverage ratio           0.60%        
Debt issuance costs         $ 6,021,000          
8.750 % Senior Notes                    
Debt Instrument [Line Items]                    
Aggregate principal amount of add-on to Senior Notes   $ 250,000,000                
Interest rate   8.75%               8.75%
Debt instrument, maturity date   May 01, 2025                
Debt Instrument Issue Discount   101.00%                
Senior Secured Notes Due 2025                    
Debt Instrument [Line Items]                    
Interest rate     8.75%              
Convertible Senior Notes Due 2025                    
Debt Instrument [Line Items]                    
Interest rate     4.50%              
Convertible Senior Notes                    
Debt Instrument [Line Items]                    
Fair value of long-term debt           $ 691,872,000 $ 674,314,000      
ASU 2020-06                    
Debt Instrument [Line Items]                    
Reversed Accretion Of Interest To Retained Earnings           5,714,000        
Long Term Debt | ASU 2020-06                    
Debt Instrument [Line Items]                    
Reclassified cash conversion feature equity to long term debt           101,123,000        
Equity Reclassified To Long Term Debt           3,764,000        
Adjustment to Retained Earings | ASU 2020-06                    
Debt Instrument [Line Items]                    
Offsetting Amortization Of Debt Issue Costs As Adjustment To Retained Earnings           274,000        
Term Loan Credit facility | Senior Secured Credit Facility                    
Debt Instrument [Line Items]                    
Aggregate principal amount of add-on to Senior Notes           $ 700,000,000        
Term Loan Credit facility | Amended Senior Secured Credit Facility                    
Debt Instrument [Line Items]                    
Final principal payment due date           Mar. 29, 2025        
Percentage of Variable rate added to federal funds effective rate           0.50%        
Percentage of variable margin rate added to one-month Eurodollar rate           1.00%        
Percentage of variable margin rate added to Eurodollar rate           1.75%        
Debt instrument description of interest           a Eurodollar-based rate for a period of 1, 2, 3, 6, 9 or 12 months plus a margin of 1.75% per annum.        
Amount outstanding under the term loan           $ 633,136,000        
Average interest rate on outstanding borrowings           3.40%        
Term Loan Credit facility | Amended Senior Secured Credit Facility | One Month Eurodollar Rate                    
Debt Instrument [Line Items]                    
Percentage of variable margin rate added to Eurodollar rate           0.75%        
Revolving Credit Line | Senior Secured Credit Facility                    
Debt Instrument [Line Items]                    
Aggregate principal amount of add-on to Senior Notes           $ 100,000,000        
Revolving Credit Line | Amended Senior Secured Credit Facility                    
Debt Instrument [Line Items]                    
Percentage of Variable rate added to federal funds effective rate           0.50%        
Percentage of variable margin rate added to one-month Eurodollar rate           1.00%        
Percentage of variable margin rate added to Eurodollar rate           2.25%        
Debt instrument description of interest           a Eurodollar-based rate for a period of 1, 2, 3, 6, 9 or 12 months plus a margin that ranges from 1.50% to 2.25% per annum.        
Amount outstanding under the revolving credit line           $ 0        
Revolving Credit Line | Amended Senior Secured Credit Facility | Minimum                    
Debt Instrument [Line Items]                    
Percentage of variable margin rate added to Eurodollar rate           1.50%        
Revolving Credit Line | Amended Senior Secured Credit Facility | Maximum                    
Debt Instrument [Line Items]                    
Percentage of variable margin rate added to Eurodollar rate           2.25%        
Revolving Credit Line | Amended Senior Secured Credit Facility | One Month Eurodollar Rate | Minimum                    
Debt Instrument [Line Items]                    
Percentage of variable margin rate added to Eurodollar rate           0.50%        
Revolving Credit Line | Amended Senior Secured Credit Facility | One Month Eurodollar Rate | Maximum                    
Debt Instrument [Line Items]                    
Percentage of variable margin rate added to Eurodollar rate           1.25%        
Revolving Credit Line | 5.25% Senior Notes                    
Debt Instrument [Line Items]                    
Debt issuance costs     $ 500,000              
Revolving Credit Line | 5.25% Senior Notes | Minimum                    
Debt Instrument [Line Items]                    
Revolving credit line, maturity date     Nov. 28, 2022              
Revolving Credit Line | 5.25% Senior Notes | Maximum                    
Debt Instrument [Line Items]                    
Revolving credit line, maturity date     Nov. 28, 2024