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Earnings Per Share (Tables)
9 Months Ended
Sep. 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     Nine Months Ended  
     September 30,     September 30,  
     2013     2012     2013     2012  

Numerator:

        

Net income attributable to Cinemark Holdings, Inc.

   $ 80,019      $ 47,385      $ 132,878      $ 141,127   

Earnings allocated to participating share-based awards (1)

     (880     (630     (1,367     (1,674
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stockholders

   $ 79,139      $ 46,755      $ 131,511      $ 139,453   
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator (shares in thousands):

        

Basic weighted average common stock outstanding

     114,050        113,355        113,836        113,161   

Common equivalent shares for stock options

     8        40        9        39   

Common equivalent shares for restricted stock units

     391        419        446        464   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

     114,449        113,814        114,291        113,664   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings per share attributable to common stockholders

   $ 0.69      $ 0.41      $ 1.15      $ 1.23   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per share attributable to common stockholders

   $ 0.69      $ 0.41      $ 1.15      $ 1.23   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)  For the three months ended September 30, 2013 and 2012, a weighted average of approximately 1,272 and 1,535 shares of unvested restricted stock, respectively, were considered participating securities. For the nine months ended September 30, 2013 and 2012, a weighted average of approximately 1,191 and 1,364 shares of unvested restricted stock, respectively, were considered participating securities.