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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue        
Total revenue $ 942.3 $ 744.1 $ 1,553.0 $ 1,204.6
Cost of operations        
Depreciation and amortization 52.8 61.0 107.7 122.7
Impairment of long-lived and other assets 9.4 92.3 10.1 92.3
Restructuring costs 0.0 (0.2) 0.0 (0.2)
Other income (expense)        
Interest expense [1] (37.1) (38.1) (73.9) (76.2)
Foreign currency and other related gain (loss)     4.9  
Income tax expense (benefit) 12.3 4.7 8.4 2.9
Net income (loss) 120.4 (72.8) 117.9 (145.3)
Net income (loss) attributable to Cinemark Holdings, Inc. $ (119.1) $ 73.4 $ (116.0) $ 147.4
Weighted average shares outstanding        
Basic 119.1 118.2 118.9 118.0
Diluted 151.7 118.2 151.5 118.0
Income (loss) per share attributable to Cinemark Holdings, Inc.'s common stockholders        
Basic $ 0.98 $ (0.61) $ 0.96 $ (1.23)
Diluted $ 0.80 $ (0.61) $ 0.82 $ (1.23)
NCM        
Other income (expense)        
Interest expense - NCM (see Note 8)     $ (11.4) $ (11.7)
Concession        
Revenue        
Total revenue $ 373.4 $ 286.0 609.2 459.0
CNK        
Revenue        
Total revenue 942.3 744.1 1,553.0 1,204.6
Cost of operations        
Film rentals and advertising 278.0 222.6 444.7 350.2
Concession supplies 67.4 52.5 111.0 82.5
Salaries and wages 112.1 100.2 198.3 180.0
Facility lease expense 87.0 80.3 166.5 154.0
Utilities and other 120.2 106.5 224.0 193.4
General and administrative expense 50.0 48.2 96.5 88.9
Depreciation and amortization 52.8 61.0 107.7 122.7
Impairment of long-lived and other assets 9.4 92.3 10.1 92.3
Restructuring costs 0.0 (0.2) 0.0 (0.2)
Gain on disposal of assets and other (3.0) (0.7) (2.7) (7.6)
Total cost of operations 773.9 762.7 1,356.1 1,256.2
Operating income (loss) 168.4 (18.6) 196.9 (51.6)
Other income (expense)        
Interest expense (37.1) (38.1) (73.9) (76.2)
Interest income 13.0 3.1 24.9 4.7
Loss on debt extinguishment and refinancing (10.7) 0.0 (10.7) 0.0
Foreign currency and other related gain (loss) (6.2) (3.1) (8.4) 0.1
Equity in income (loss) of affiliates 1.8 (5.5) (0.3) (7.7)
Unrealized gain on investment in NCMI 9.2 0.0 9.2 0.0
Total other expense (35.7) (49.5) (70.6) (90.8)
Income (loss) before income taxes 132.7 (68.1) 126.3 (142.4)
Income tax expense (benefit) 12.3 4.7 8.4 2.9
Net income (loss) 120.4 (72.8) 117.9 (145.3)
Less: Net income (loss) attributable to noncontrolling interests 1.3 0.6 1.9 2.1
Net income (loss) attributable to Cinemark Holdings, Inc. $ 119.1 $ (73.4) $ 116.0 $ (147.4)
Weighted average shares outstanding        
Basic 119.1 118.2 118.9 118.0
Diluted 151.7 118.2 151.5 118.0
Income (loss) per share attributable to Cinemark Holdings, Inc.'s common stockholders        
Basic $ 0.98 $ (0.61) $ 0.96 $ (1.23)
Diluted $ 0.80 $ (0.61) $ 0.82 $ 1.23
CNK | NCM        
Other income (expense)        
Interest expense - NCM (see Note 8) $ (5.7) $ (5.9) $ (11.4) $ (11.7)
CNK | Admissions        
Revenue        
Total revenue 478.4 381.9 789.4 617.7
CNK | Concession        
Revenue        
Total revenue 373.4 286.0 609.2 459.0
CNK | Other        
Revenue        
Total revenue 90.5 76.2 154.4 127.9
CUSA        
Revenue        
Total revenue 942.3 744.1 1,553.0 1,204.6
Cost of operations        
Film rentals and advertising 278.0 222.6 444.7 350.2
Concession supplies 67.4 52.5 111.0 82.5
Salaries and wages 112.1 100.2 198.3 180.0
Facility lease expense 87.0 80.3 166.5 154.0
Utilities and other 120.2 106.5 224.0 193.4
General and administrative expense 49.1 47.5 94.7 87.4
Depreciation and amortization 52.8 61.0 107.7 122.7
Impairment of long-lived and other assets 9.4 92.3 10.1 92.3
Restructuring costs 0.0 (0.2) 0.0 (0.2)
Gain on disposal of assets and other (3.0) (0.7) (2.7) (7.6)
Total cost of operations 773.0 762.0 1,354.3 1,254.7
Operating income (loss) 169.3 (17.9) 198.7 (50.1)
Other income (expense)        
Interest expense (31.0) (32.0) (61.8) (64.1)
Interest income 10.1 2.7 19.3 4.3
Loss on debt extinguishment and refinancing (10.7) 0.0 (10.7) 0.0
Foreign currency and other related gain (loss) (6.2) (3.1) (8.4) 0.1
Equity in income (loss) of affiliates 1.8 (5.5) (0.3) (7.7)
Unrealized gain on investment in NCMI 9.2 0.0 9.2 0.0
Total other expense (32.5) (43.8) (64.1) (79.1)
Income (loss) before income taxes 136.8 (61.7) 134.6 (129.2)
Income tax expense (benefit) 15.3 3.6 6.8 (2.9)
Net income (loss) 121.5 (65.3) 127.8 (126.3)
Less: Net income (loss) attributable to noncontrolling interests 1.3 0.6 1.9 2.1
Net income (loss) attributable to Cinemark Holdings, Inc. 120.2 (65.9) 125.9 (128.4)
CUSA | NCM        
Other income (expense)        
Interest expense - NCM (see Note 8) (5.7) (5.9) (11.4) (11.7)
Unrealized gain on investment in NCMI     9.2 0.0
CUSA | Admissions        
Revenue        
Total revenue 478.4 381.9 789.4 617.7
CUSA | Concession        
Revenue        
Total revenue 373.4 286.0 609.2 459.0
CUSA | Other        
Revenue        
Total revenue $ 90.5 $ 76.2 $ 154.4 $ 127.9
[1] Includes amortization of debt issuance costs, amortization of original issue discount, and amortization of accumulated (gains) losses for amended swap agreements.