Segments (Tables)

9 Months Ended

Sep. 30, 2013

Selected Financial Information by Reportable Operating Segment

Below is a breakdown of selected financial information by reportable operating segment:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
Revenues
U.S.	$	529,426		$	416,165		$	1,412,898		$	1,271,155
International		231,771			220,633			627,843			598,880
Eliminations		(3,631	)		(3,225	)		(9,780	)		(8,038	)
Total revenues	$	757,566		$	633,573		$	2,030,961		$	1,861,997
Adjusted EBITDA
U.S.	$	132,803		$	94,538		$	341,579		$	302,222
International		57,370			53,832			142,874			143,428
Total Adjusted EBITDA	$	190,173		$	148,370		$	484,453		$	445,650
Capital expenditures
U.S.	$	35,746		$	27,357		$	71,533		$	74,160
International		33,354			25,583			87,955			72,367
Total capital expenditures	$	69,100		$	52,940		$	159,488		$	146,527

Reconciliation of Net Income to Adjusted EBITDA

The following table sets forth a reconciliation of net income to Adjusted EBITDA:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Net income	$	80,745		$	47,967		$	134,644		$	142,982
Add (deduct):
Income taxes		43,386			29,453			62,726			88,229
Interest expense (1)		29,478			30,861			96,542			94,369
Loss on early retirement of debt		—			—			72,302			—
Other income (2)		(12,795	)		(9,455	)		(17,958	)		(14,940	)
Depreciation and amortization (3)		42,399			36,897			120,165			110,054
Impairment of long-lived assets		131			976			2,076			1,472
(Gain) loss on sale of assets and other		611			6,699			(2,532	)		8,004
Deferred lease expenses		1,935			997			4,038			3,327
Amortization of long-term prepaid rents		725			678			2,104			1,988
Share based awards compensation expense		3,558			3,297			10,346			10,165
Adjusted EBITDA	$	190,173		$	148,370		$	484,453		$	445,650

⁽¹⁾  Includes amortization of debt issue costs.

⁽²⁾  Includes interest income, foreign currency exchange gain (loss) and equity in income of affiliates and excludes distributions from NCM. Distributions from NCM are reported entirely within the U.S. operating segment.

⁽³⁾ Includes amortization of favorable/unfavorable leases.

Selected Financial Information by Geographic Area

Below is a breakdown of selected financial information by geographic area:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
Revenues	2013			2012			2013			2012
U.S.	$	529,426		$	416,165		$	1,412,898		$	1,271,155
Brazil		87,028			82,457			251,831			244,487
Other international countries		144,743			138,176			376,012			354,393
Eliminations		(3,631	)		(3,225	)		(9,780	)		(8,038	)
Total	$	757,566		$	633,573		$	2,030,961		$	1,861,997

Theatre Properties and Equipment-net	September 30, 2013		December 31, 2012
U.S.	$	1,043,261	$	940,922
Brazil		186,998		190,990
Other international countries		186,764		173,046
Total	$	1,417,023	$	1,304,958