Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 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 per share for Holdings:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2024			2023			2024			2023
Numerator:
Net income attributable to Cinemark Holdings, Inc.	$	187.8		$	90.2		$	258.4		$	206.2
Income allocated to participating share-based awards (1)		(3.6	)		(1.8	)		(5.0	)		(3.6	)
Basic net income attributable to common stockholders	$	184.2		$	88.4		$	253.4		$	202.6
Add: Interest expense on convertible notes, net of tax		3.9			4.4			12.3			14.0
Diluted net income attributable to common stockholders	$	188.1		$	92.8		$	265.7		$	216.6
Denominator:
Basic weighted average shares outstanding		120.0			119.2			119.8			119.0
Common equivalent shares for performance stock units		2.0			0.8			1.9			0.8
Common equivalent shares for convertible notes		32.0			32.0			32.0			32.0
Common equivalent shares for warrants (2)		4.2			—			—			—
Diluted weighted average shares outstanding		158.2			152.0			153.7			151.8
Basic earnings per share attributable to common stockholders	$	1.54		$	0.74		$	2.11		$	1.70
Diluted earnings per share attributable to common stockholders	$	1.19		$	0.61		$	1.73		$	1.43

(1)For the three months ended September 30, 2024 and 2023, a weighted average of approximately 2.38 shares and 2.42 shares of restricted stock, respectively, were considered participating securities. For the nine months ended September 30, 2024 and 2023, a weighted average of approximately 2.38 shares and 2.14 shares of restricted stock, respectively, were considered participating securities.

(2)For the three months ended September 30, 2023 and the nine months ended September 30, 2024 and 2023, diluted earnings per share excludes the warrants, as they would be anti-dilutive.