Investment in National CineMedia (Tables)

3 Months Ended

Mar. 31, 2013

Summary of Activity with NCM Included in Company's Condensed Consolidated Financial Statements

Below is a summary of activity with NCM included in the Company’s condensed consolidated financial statements:

	Investment in NCM			Deferred Revenue			Distributions from NCM			Equity in Earnings			Other Revenue			Cash Received
Balance as of January 1, 2013	$	78,123		$	(241,305	)
Receipt of common units due to annual common unit adjustment		8,869			(8,869	)	$	—		$	—		$	—		$	—
Revenues earned under ESA (1)		—			—			—			—			(1,817	)		1,817
Receipt of excess cash distributions		(1,798	)		—			(4,776	)		—			—			6,574
Receipt under tax receivable agreement		(492	)		—			(1,327	)		—			—			1,819
Equity in earnings		866			—			—			(866	)		—			—
Amortization of deferred revenue		—			1,113			—			—			(1,113	)		—
Balance as of and for the period ended March 31, 2013	$	85,568		$	(249,061	)	$	(6,103	)	$	(866	)	$	(2,930	)	$	10,210

⁽¹⁾  Amount includes the per patron and per digital screen theatre access fees due to the Company, net of amounts due to NCM for on-screen advertising time provided to the Company’s beverage concessionaire of approximately $2,435.

Summary Financial Information for NCM

Below is summary financial information for NCM for the year ended December 27, 2012 (financial information was not yet available for the three months ended March 29, 2013).

	Year Ended December 27, 2012
Gross revenues	$	448,760
Operating income	$	191,839
Net earnings	$	101,013