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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Computations of Basic and Diluted 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,  
     2013     2012     2013     2012  

Numerator:

        

Net income attributable to Cinemark Holdings, Inc.

   $ 20,265      $ 51,638      $ 52,859      $ 93,742   

Earnings allocated to participating share-based awards (1)

     (225     (698     (547     (1,084
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stockholders

   $ 20,040      $ 50,940      $ 52,312      $ 92,658   
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator (shares in thousands):

        

Basic weighted average common stock outstanding

     114,007        113,301        113,745        113,063   

Common equivalent shares for stock options

     9        39        10        38   

Common equivalent shares for restricted stock units

     371        397        455        467   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

     114,387        113,737        114,210        113,568   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings per share attributable to common stockholders

   $ 0.18      $ 0.45      $ 0.46      $ 0.82   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per share attributable to common stockholders

   $ 0.18      $ 0.45      $ 0.46      $ 0.82   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

(1) 

For the three months ended June 30, 2013 and 2012, a weighted average of approximately 1,289 and 1,558 shares of unvested restricted stock, respectively, were considered participating securities. For the six months ended June 30, 2013 and 2012, a weighted average of approximately 1,197 and 1,328 shares of unvested restricted stock, respectively, were considered participating securities.