Equity

3 Months Ended

Mar. 31, 2013

Equity

7. Equity

Below is a summary of changes in stockholders’ equity attributable to Cinemark Holdings, Inc., noncontrolling interests and total equity for the three months ended March 31, 2013 and 2012:

	Cinemark Holdings, Inc. Stockholders’ Equity			Noncontrolling Interests			Total Equity
Balance at January 1, 2013	$	1,084,065		$	10,919		$	1,094,984
Share based awards compensation expense		3,450			—			3,450
Stock withholdings related to restricted stock and restricted stock units that vested during the three months ended March 31, 2013		(3,254	)		—			(3,254	)
Exercise of stock options		6			—			6
Tax benefit related to restricted stock vesting		3,452			—			3,452
Dividends paid to stockholders (1)		(24,148	)		—			(24,148	)
Dividends accrued on unvested restricted stock unit awards (1)		(177	)		—			(177	)
Dividends paid to noncontrolling interests		—			(110	)		(110	)
Net income		32,594			468			33,062
Fair value adjustments on interest rate swap agreements designated as hedges, net of taxes of $428		776			—			776
Fair value adjustments on available-for-sale securities, net of taxes of $833		1,356			—			1,356
Foreign currency translation adjustments		1,542			44			1,586
Balance at March 31, 2013	$	1,099,662		$	11,321		$	1,110,983

	Cinemark Holdings, Inc. Stockholders’ Equity			Noncontrolling Interests			Total Equity
Balance at January 1, 2012	$	1,012,877		$	10,762		$	1,023,639
Share based awards compensation expense		3,315			—			3,315
Stock withholdings related to restricted stock and restricted stock units that vested during the three months ended March 31, 2012		(2,701	)		—			(2,701	)
Exercise of stock options		2			—			2
Tax benefit related to restricted stock vesting		1,361			—			1,361
Dividends paid to stockholders (2)		(23,982	)		—			(23,982	)
Dividends accrued on unvested restricted stock unit awards (2)		(159	)		—			(159	)
Dividends paid to noncontrolling interests		—			(110	)		(110	)
Net income		42,104			772			42,876
Fair value adjustments on interest rate swap agreements designated as hedges, net of taxes of $375		710			—			710
Amortization of accumulated other comprehensive loss on terminated swap agreement		988			—			988
Fair value adjustments on available-for-sale securities, net of taxes of $2,550		4,249			—			4,249
Foreign currency translation adjustments		15,889			(90	)		15,799
Balance at March 31, 2012	$	1,054,653		$	11,334		$	1,065,987

⁽¹⁾  On February 12, 2013, the Company’s board of directors declared a cash dividend for the fourth quarter of 2012 in the amount of $0.21 per share of common stock payable to stockholders of record on March 4, 2013. The dividend was paid on March 15, 2013.

⁽²⁾  On February 3, 2012, the Company’s board of directors declared a cash dividend for the fourth quarter of 2011 in the amount of $0.21 per share of common stock payable to stockholders of record on March 2, 2012. The dividend was paid on March 16, 2012.