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Equity (Tables)
9 Months Ended
Sep. 30, 2016
Summary of Changes in Stockholders' Equity

Below is a summary of changes in stockholders’ equity attributable to Cinemark Holdings, Inc., noncontrolling interests and total equity for the nine months ended September 30, 2016 and 2015:

 

     Cinemark              
     Holdings, Inc.              
     Stockholders’     Noncontrolling     Total  
     Equity     Interests     Equity  

Balance at January 1, 2016

   $ 1,099,708      $ 11,105      $ 1,110,813   

Share based awards compensation expense

     10,247        —          10,247   

Stock withholdings related to share based awards that vested during the nine months ended September 30, 2016

     (6,828     —          (6,828

Issuance of common stock related to restricted stock units that vested during the nine months ended September 30, 2016

     1        —          1   

Tax benefit related to share based awards vesting

     1,797        —          1,797   

Dividends paid to stockholders (1)

     (94,117     —          (94,117

Dividends accrued on unvested restricted stock unit awards (1)

     (360     —          (360

Dividends paid to noncontrolling interests

     —          (515     (515

Net income

     178,086        1,454        179,540   

Fair value adjustments on interest rate swap agreements designated as hedges, net of settlements, net of taxes of $138

     234        —          234   

Gain realized on available-for-sale securities, net of taxes of $1,180

     (2,011     —          (2,011

Other comprehensive loss in equity method investees

     (183     —          (183

Foreign currency translation adjustments

     34,974        24        34,998   
  

 

 

   

 

 

   

 

 

 

Balance at September 30, 2016

   $ 1,221,548      $ 12,068      $ 1,233,616   
  

 

 

   

 

 

   

 

 

 

 

(1)  Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2016:

 

Declaration Date

  

Record Date

    

Date Paid

     Amount per Share
of Common
Stock
    

Total

 

02/24/16

     03/07/16         03/18/16       $ 0.27       $ 31,367   

05/26/16

     06/08/16         06/22/16       $ 0.27         31,373   

08/18/16

     08/31/16         09/13/16       $ 0.27         31,737   
        

 

 

    

 

 

 

Total

         $ 0.81       $ 94,477   
        

 

 

    

 

 

 

 

     Cinemark              
     Holdings, Inc.              
     Stockholders’     Noncontrolling     Total  
     Equity     Interests     Equity  

Balance at January 1, 2015

   $ 1,112,800      $ 10,329      $ 1,123,129   

Share based awards compensation expense

     9,850        —          9,850   

Stock withholdings related to share based awards that vested during the nine months ended September 30, 2015

     (4,770     —          (4,770

Tax benefit related to share based awards vesting and dividends paid on unvested stock

     2,417        —          2,417   

Dividends paid to stockholders (1)

     (86,882     —          (86,882

Dividends accrued on unvested restricted stock unit awards (1)

     (298     —          (298

Dividends paid to noncontrolling interests

     —          (294     (294

Net income

     159,118        1,375        160,493   

Fair value adjustments on interest rate swap agreements designated as hedges, net of settlements, net of taxes of $1,412

     2,379        —          2,379   

Fair value adjustments on available-for-sale securities, net of taxes of $998

     (1,680     —          (1,680

Other comprehensive loss in equity method investees

     (3,010     —          (3,010

Foreign currency translation adjustments

     (105,193     (35     (105,228
  

 

 

   

 

 

   

 

 

 

Balance at September 30, 2015

   $ 1,084,731      $ 11,375      $ 1,096,106   
  

 

 

   

 

 

   

 

 

 

 

(2)  Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2015:

 

Declaration Date

  

Record Date

    

Date Paid

     Amount per Share
of Common
Stock
    

Total

 

02/17/15

     03/04/15         03/19/15       $ 0.25       $ 29,024   

05/18/15

     06/05/15         06/19/15       $ 0.25         29,076   

08/20/15

     08/31/15         09/11/15       $ 0.25         29,080   
        

 

 

    

 

 

 

Total

         $ 0.75       $ 87,180