XML 32 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
CUSA [Member]
CUSA
CNK [Member]
Common Stock
CUSA [Member]
Class B Common Stock
Common Stock
CNK [Member]
Treasury Stock Preferred
CUSA [Member]
Treasury Stock Preferred
CNK [Member]
Additional Paid-in- Capital
CUSA [Member]
Additional Paid-in- Capital
CNK [Member]
Retained Earnings
CUSA [Member]
Retained Earnings
CNK [Member]
Accumulated Other Comprehensive Loss
CUSA [Member]
Accumulated Other Comprehensive Loss
CNK [Member]
Total Cinemark Holdings, Inc.'s Stockholders' Equity
CUSA [Member]
Total Cinemark Holdings, Inc.'s Stockholders' Equity
CNK [Member]
Noncontrolling Interests
CUSA [Member]
Noncontrolling Interests
CNK [Member]
Balance at Dec. 31, 2020   $ 784.9   $ 798.9 $ 49.5 $ 0.1 $ (24.2) $ (87.0) $ 1,310.6 $ 1,245.6 $ (163.3) $ 27.9 $ (398.7) $ (398.7) $ 773.9 $ 787.9 $ 11.0 $ 11.0
Balance (in shares) at Dec. 31, 2020         200,000 123,600,000 (100,000) (5,100,000)                    
Impact of adoption of ASU 2020-06, net of tax | ASU 2020-06       (71.6)           (77.1)   5.5       (71.6)    
Issuance of restricted stock (in shares)           1,300,000                        
Issuance of stock share upon vesting of performance stock units           200,000                        
Restricted stock forfeitures and stock withholdings related to share based awards that vested during the year [1] $ (4.1)                                  
Restricted stock forfeitures       (4.1)       $ (4.1)               (4.1)    
Restricted stock forfeitures and stock withholdings related to share based awards that vested during the year (in shares)               (300,000)                    
Share based awards compensation expense   28.4   29.3         28.4 29.3         28.4 29.3    
Contributions received from parent   120.0             120.0           120.0      
Net (loss) income (422.2) (380.1)   (422.2)             (380.7) (422.8)     (380.7) (422.8) 0.6 0.6
Amortization of accumulated losses for amended swap agreements   4.5   4.5                 4.5 4.5 4.5 4.5    
Other comprehensive income (loss)   (2.8)   (0.3)                 (2.8) (0.3) (2.8) (0.3)    
Balance at Dec. 31, 2021   554.9   334.5 $ 49.5 $ 0.1 $ (24.2) $ (91.1) 1,459.0 1,197.8 (544.0) (389.4) (397.0) (394.5) 543.3 322.9 11.6 11.6
Balance (in shares) at Dec. 31, 2021         200,000 125.1 (100,000) (5.4)                    
Issuance of restricted stock (in shares)           900,000                        
Issuance of stock share upon vesting of performance stock units           100,000                        
Restricted stock forfeitures and stock withholdings related to share based awards that vested during the year [1] (4.3)                                  
Restricted stock forfeitures       (4.3)       $ (4.3)               (4.3)    
Restricted stock forfeitures and stock withholdings related to share based awards that vested during the year (in shares)               (300,000)                    
Share based awards compensation expense   20.5   21.5         20.5 21.5         20.5 21.5    
Contributions received from parent   0.0                                
Distributions to noncontrolling interests   (5.5)                             (5.5)  
Stock issued during period value Distributions to noncontrolling interests       (5.5)                           (5.5)
Net (loss) income (268.0) (228.7)   (268.0)             (231.9) (271.2)     (231.9) (271.2) 3.2 3.2
Amortization of accumulated losses for amended swap agreements   4.5   4.5                 4.5 4.5 4.5 4.5    
Other comprehensive income (loss)   36.2   36.8                 36.2 36.8 36.2 36.8    
Balance at Dec. 31, 2022   381.9 $ 381.9 119.5 $ 49.5 $ 0.1 $ (24.2) $ (95.4) 1,479.5 1,219.3 (775.9) (660.6) (356.3) (353.2) 372.6 110.2 9.3 9.3
Balance (in shares) at Dec. 31, 2022         200,000 126.1 (100,000) (5.7)                    
Issuance of restricted stock (in shares)           1,400,000                        
Issuance of stock share upon vesting of performance stock units           100,000                        
Restricted stock forfeitures and stock withholdings related to share based awards that vested during the year [1] (2.9)                                  
Restricted stock forfeitures       (2.9)       $ (2.9)               (2.9)    
Restricted stock forfeitures and stock withholdings related to share based awards that vested during the year (in shares)               (300,000)                    
Share based awards compensation expense   23.8   25.0         23.8 25.0         23.8 25.0    
Contributions received from parent   0.0                                
Distributions to noncontrolling interests   (3.6)                             (3.6)  
Stock issued during period value Distributions to noncontrolling interests       (3.6)                           (3.6)
Net (loss) income $ 191.5 208.6   191.5             205.3 188.2     205.3 188.2 3.3 3.3
Amortization of accumulated losses for amended swap agreements   (6.4)   (6.4)                 (6.4) (6.4) (6.4) (6.4)    
Other comprehensive income (loss)   (4.0)   (4.3)                 (4.0) (4.3) (4.0) 4.3    
Balance at Dec. 31, 2023   $ 600.3 $ 600.3 $ 318.8 $ 49.5 $ 0.1 $ (24.2) $ (98.3) $ 1,503.3 $ 1,244.3 $ (570.6) $ (472.4) $ (366.7) $ (363.9) $ 591.3 $ 309.8 $ 9.0 $ 9.0
Balance (in shares) at Dec. 31, 2023         200,000 127,600,000 (100,000) (6,000,000)                    
[1] Holdings withheld shares as a result of the election by certain employees to satisfy their tax liabilities upon vesting in restricted stock and restricted stock units. Holdings determined the number of shares to be withheld based upon market values of the common stock of Holdings on the vest dates. Below is a summary of the range of market values per share on the vest dates for the years indicated: