Segments (Tables)

9 Months Ended

Sep. 30, 2015

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,
	2015			2014			2015			2014
Revenues
U.S.	$	509,330		$	463,854		$	1,576,107		$	1,433,259
International		194,497			186,428			580,335			543,501
Eliminations		(3,771	)		(3,379	)		(11,056	)		(9,714	)
Total revenues	$	700,056		$	646,903		$	2,145,386		$	1,967,046
Adjusted EBITDA(1)
U.S.	$	108,689		$	99,519		$	359,400		$	313,930
International		46,088			42,220			135,951			125,719
Total Adjusted EBITDA	$	154,777		$	141,739		$	495,351		$	439,649
Capital expenditures
U.S.	$	48,868		$	36,325		$	167,082		$	97,120
International		27,771			17,280			65,269			59,048
Total capital expenditures	$	76,639		$	53,605		$	232,351		$	156,168

⁽¹⁾  Distributions from NCM are reported entirely within the U.S. operating segment.

Reconciliation of Net Income to Adjusted EBITDA

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Net income	$	46,701		$	38,532		$	160,493		$	146,362
Add (deduct):
Income taxes		30,109			25,534			99,263			70,477
Interest expense (1)		28,419			28,335			84,930			85,101
Loss on amendment to debt agreement		—			—			925			—
Other income (2)		(1,501	)		(6,636	)		(8,453	)		(20,777	)
Depreciation and amortization		47,543			44,731			139,444			131,108
Impairment of long-lived assets		633			4,510			4,955			5,294
(Gain) loss on sale of assets and other		(500	)		2,590			3,852			8,719
Deferred lease expenses		(521	)		168			(1,809	)		2,016
Amortization of long-term prepaid rents		519			1,000			1,901			1,785
Share based awards compensation expense		3,375			2,975			9,850			9,564
Adjusted EBITDA	$	154,777		$	141,739		$	495,351		$	439,649

⁽¹⁾  Includes amortization of debt issue costs.

⁽²⁾  Includes interest income, foreign currency exchange loss and equity in income of affiliates and excludes distributions from NCM.

Selected Financial Information by Geographic Area

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

	Three Months Ended September 30,						Nine Months Ended September 30,
Revenues	2015			2014			2015			2014
U.S.	$	509,330		$	463,854		$	1,576,107		$	1,433,259
Brazil		68,340			83,521			230,953			256,421
Other international countries		126,157			102,907			349,382			287,080
Eliminations		(3,771	)		(3,379	)		(11,056	)		(9,714	)
Total	$	700,056		$	646,903		$	2,145,386		$	1,967,046

Theatre Properties and Equipment-net	September 30, 2015		December 31, 2014
U.S.	$	1,158,146	$	1,094,076
Brazil		150,146		204,107
Other international countries		152,726		152,629
Total	$	1,461,018	$	1,450,812