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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
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
June 30,
    Six Months Ended
June 30,
 
     2014     2013     2014     2013  

Numerator:

        

Net income attributable to Cinemark Holdings, Inc.

   $ 71,731      $ 20,265      $ 107,174      $ 52,859   

Earnings allocated to participating share-based awards (1)

     (542     (225     (704     (547
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income attributable to common stockholders

   $ 71,189      $ 20,040      $ 106,470      $ 52,312   
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator (shares in thousands):

        

Basic weighted average common stock outstanding

     114,786        114,007        114,485        113,745   

Common equivalent shares for stock options

     —          9        —          10   

Common equivalent shares for restricted stock units

     175        371        329        455   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

     114,961        114,387        114,814        114,210   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings per share attributable to common stockholders

   $ 0.62      $ 0.18      $ 0.93      $ 0.46   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted earnings per share attributable to common stockholders

   $ 0.62      $ 0.18      $ 0.93      $ 0.46   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)  For the three months ended June 30, 2014 and 2013, a weighted average of approximately 876 and 1,289 shares of unvested restricted stock, respectively, were considered participating securities. For the six months ended June 30, 2014 and 2013, a weighted average of approximately 761 and 1,197 shares of unvested restricted stock, respectively, were considered participating securities.