During December 2022, the Company entered into a purchase and sale agreement for the sale of the stock of its Ecuador subsidiary. The Company completed the sale in September 2023 and recognized a gain of $6.9, which is reflected in “Gain (loss) on disposal of assets and other” in the Company’s condensed consolidated statement of income for the three and nine months ended September 30, 2023. The sale of the Ecuador subsidiary did not qualify as discontinued operations since it did not represent a strategic shift in the Company’s operations that will have a major effect on its results and operations. The following table presents the carrying value of Ecuador’s significant assets and liabilities as of the periods presented:


	September 30,		December 31,
	2023		2022
Theatre property and equipment, net	$	—	$	5.4
Operating lease right-of-use asset, net		—		2.9
Goodwill		—		4.2

Total assets	$	—	$	15.3
Total liabilities	$	—	$	8.5

The table below summarizes total revenue and operating income for the Ecuador subsidiary for the periods presented:


	Three Months Ended September 30, 2023		Nine Months Ended September 30, 2023
Total revenue	$	3.9	$	13.5
Operating income	$	0.5	$	2.0