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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

The following table presents computations of basic and diluted earnings per share under the two-class method:

 

                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2012     2011     2012     2011  

Numerator:

                               

Net income attributable to Cinemark Holdings, Inc.

  $ 51,638     $ 40,411     $ 93,742     $ 65,374  

Earnings allocated to participating share-based awards (1)

    (698     (480     (1,084     (667
   

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stockholders

  $ 50,940     $ 39,931     $ 92,658     $ 64,707  
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator (shares in thousands):

                               

Basic weighted average common stock outstanding

    113,301       112,764       113,063       112,654  

Common equivalent shares for stock options

    39       41       38       46  

Common equivalent shares for restricted stock units

    397       404       467       380  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

    113,737       113,209       113,568       113,080  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings per share attributable to common stockholders

  $ 0.45     $ 0.35     $ 0.82     $ 0.57  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per share attributable to common stockholders

  $ 0.45     $ 0.35     $ 0.82     $ 0.57  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) 

For the three months ended June 30, 2012 and 2011, a weighted average of approximately 1,558 and 1,357 shares of unvested restricted stock, respectively, were considered participating securities. For the six months ended June 30, 2012 and 2011, a weighted average of approximately 1,328 and 1,162 shares of unvested restricted stock, respectively, were considered participating securities.