Earnings ( Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of computations of basic and diluted loss per share

The following table presents computations of basic and diluted earnings (loss) per share for Holdings:

	Three Months Ended
	March 31,
	2024			2023
Numerator:
Net income (loss) attributable to Cinemark Holdings, Inc.	$	24.8		$	(3.1	)
(Income) loss allocated to participating share-based awards (1)		(0.4	)		—
Basic net income (loss) attributable to common stockholders	$	24.4		$	(3.1	)
Add: Interest expense on convertible notes, net of tax (3)		4.8			—
Diluted net income (loss) attributable to common stockholders	$	29.2		$	(3.1	)
Denominator:
Basic weighted average shares outstanding		119.5			118.8
Common equivalent shares for restricted performance stock units (2)		0.9			—
Common equivalent shares for convertible notes (3)		32.0			—
Common equivalent shares for warrants (4)		—			—
Diluted weighted average shares outstanding		152.4			118.8
Basic earnings (loss) per share attributable to common stockholders	$	0.20		$	(0.03	)
Diluted earnings (loss) per share attributable to common stockholders	$	0.19		$	(0.03	)

(1)For the three months ended March 31, 2024 and 2023, a weighted average of approximately 2.0 shares and 1.8 shares of restricted stock, respectively, were considered participating securities.

(2)For the three months ended March 31, 2023, 0.0 common equivalent shares for performance stock units were excluded because they were anti-dilutive.

(3)For the three months ended March 31, 2023 diluted loss per share excludes the conversion of the 4.50% Convertible Senior Notes into 32.0 shares of common stock as they would be anti-dilutive. See further discussion below.

(4)For all periods presented, diluted earnings (loss) per share excludes the warrants, as they would be anti-dilutive.