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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share

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

 

     Three Months Ended  
     March 31,  
     2013     2012  

Numerator:

    

Net income attributable to Cinemark Holdings, Inc.

   $ 32,594      $ 42,104   

Earnings allocated to participating share-based awards (1)

     (318     (441
  

 

 

   

 

 

 

Net income attributable to common stockholders

   $ 32,276      $ 41,663   
  

 

 

   

 

 

 

Denominator (shares in thousands):

    

Basic weighted average common stock outstanding

     113,447        112,825   

Common equivalent shares for stock options

     15        40   

Common equivalent shares for restricted stock units

     517        503   
  

 

 

   

 

 

 

Diluted

     113,979        113,368   
  

 

 

   

 

 

 

Basic earnings per share attributable to common stockholders

   $ 0.28      $ 0.37   
  

 

 

   

 

 

 

Diluted earnings per share attributable to common stockholders

   $ 0.28      $ 0.37   
  

 

 

   

 

 

 

 

(1) 

For the three months ended March 31, 2013 and 2012, a weighted average of approximately 1,128 and 1,200 shares of unvested restricted stock, respectively, were considered participating securities.