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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income $ 160,493 $ 146,362
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 137,683 129,183
Amortization of intangible and other assets and favorable/unfavorable leases 1,761 1,925
Amortization of long-term prepaid rents 1,901 1,785
Amortization of debt issue costs 3,876 3,934
Amortization of deferred revenues, deferred lease incentives and other (11,959) (10,198)
Impairment of long-lived assets 4,955 5,294
Share based awards compensation expense 9,850 9,564
Loss on sale of assets and other 3,852 8,719
Deferred lease expenses (1,809) 2,016
Equity in income of affiliates (20,372) (17,548)
Deferred income tax expenses (9,570) (20,976)
Distributions from equity investees 12,679 11,374
Changes in assets and liabilities and other (67,003) (48,285)
Net cash provided by operating activities 226,337 223,149
Investing activities    
Additions to theatre properties and equipment and other (232,351) (156,168)
Acquisition of theatre in Brazil (2,651)  
Proceeds from sale of theatre properties and equipment and other 6,283 1,973
Investment in joint ventures and other (3,180) (1,925)
Net cash used for investing activities (231,899) (156,120)
Financing activities    
Proceeds from stock option exercises   112
Payroll taxes paid as a result of restricted stock withholdings (4,770) (9,776)
Dividends paid to stockholders (86,882) [1] (86,700) [2]
Repayments of long-term debt (5,274) (6,702)
Payment of debt issue costs (6,957)  
Payments on capital leases (12,201) (10,293)
Other 2,123 3,349
Net cash used for financing activities (113,961) (110,010)
Effect of exchange rate changes on cash and cash equivalents (16,432) (10,283)
Decrease in cash and cash equivalents (135,955) (53,264)
Cash and cash equivalents:    
Beginning of period 638,869 599,929
End of period $ 502,914 $ 546,665
[1] Below is a summary of dividends paid to stockholders during the nine months ended September 30, 2015: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total Amount Paid 02/17/15 03/04/15 03/19/15 $ 0.25 $ 28,923 05/18/15 06/05/15 06/19/15 $ 0.25 28,977 08/20/15 08/31/15 09/11/15 $ 0.25 28,982 Total $ 0.75 $ 86,882
[2] Below is a summary of dividends paid to stockholders during the nine months ended September 30, 2014: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total Amount Paid 02/14/14 03/04/14 03/19/14 $ 0.25 $ 28,845 05/22/14 06/06/14 06/20/14 $ 0.25 28,926 08/13/14 08/28/14 09/12/14 $ 0.25 28,929 Total $ 0.75 $ 86,700