Equity (Tables)

3 Months Ended

Mar. 31, 2019

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 three months ended March 31, 2019 and 2018:

	Common Stock		Treasury Stock			Additional Paid-In-Capital		Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Total Cinemark Holdings, Inc. Stockholders’ Equity			Noncontrolling Interests			Total Equity
Balance at January 1, 2019	$	121	$	(79,259	)	$	1,155,424	$	686,459		$	(319,007	)	$	1,443,738		$	12,379		$	1,456,117
Cumulative effect of change in accounting principle, net of taxes of $6,054 (see Note 3)		—		—			—		16,985			—			16,985			—			16,985
Share based awards compensation expense		—		—			2,970		—			—			2,970			—			2,970
Stock withholdings related to share based awards that vested during the three months ended March 31, 2019		—		(1,947	)		—		—			—			(1,947	)		—			(1,947	)
Dividends paid to stockholders, $0.34 per common share ⁽¹⁾		—		—			—		(39,797	)		—			(39,797	)		—			(39,797	)
Dividends paid to noncontrolling interests		—		—			—		—			—			—			(1,000	)		(1,000	)
Dividends accrued on unvested restricted stock unit awards ⁽¹⁾		—		—			—		(108	)		—			(108	)		—			(108	)
Net income		—		—			—		32,728			—			32,728			465			33,193
Other comprehensive loss in equity method investees		—		—			—		—			(71	)		(71	)		—			(71	)
Unrealized loss due to fair value adjustments on interest rate swap agreements, net of taxes of $1,069, net of settlements		—		—			—		—			(3,311	)		(3,311	)		—			(3,311	)
Foreign currency translation adjustments		—		—			—		—			755			755			—			755
Balance at March 31, 2019	$	121	$	(81,206	)	$	1,158,394	$	696,267		$	(321,634	)	$	1,451,942		$	11,844		$	1,463,786

(1)

The Company’s board of directors declared a cash dividend for the fourth quarter of 2018 in the amount of $0.34 per share of common stock payable to stockholders of record on March 8, 2019. The dividend was paid on March 22, 2019

	Common Stock		Treasury Stock			Additional Paid-In-Capital		Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Total Cinemark Holdings, Inc. Stockholders’ Equity			Noncontrolling Interests		Total Equity
Balance at January 1, 2018	$	121	$	(76,354	)	$	1,141,088	$	582,222		$	(253,282	)	$	1,393,795		$	11,893	$	1,405,688
Cumulative effect of change in accounting principle, net of taxes of $13,079		—		—			—		40,526			—			40,526			—		40,526
Share based awards compensation expense		—		—			3,426					—			3,426			—		3,426
Stock withholdings related to share based awards that vested during the three months ended March 31, 2018		—		(2,695	)		—		—			—			(2,695	)		—		(2,695	)
Dividends paid to stockholders, $0.32 per common share ⁽¹⁾		—		—			—		(37,346	)		—			(37,346	)		—		(37,346	)
Dividends accrued on unvested restricted stock unit awards ⁽¹⁾		—		—			—		(125	)		—			(125	)		—		(125	)
Net income		—		—			—		62,021			—			62,021			156		62,177
Other comprehensive loss in equity method investees		—		—			—		—			136			136			—		136
Foreign currency translation adjustments		—		—			—		—			204			204			—		204
Balance at March 31, 2018	$	121	$	(79,049	)	$	1,144,514	$	647,298		$	(252,942	)	$	1,459,942		$	12,049	$	1,471,991

(1)

The Company’s board of directors declared a cash dividend for the fourth quarter of 2017 in the amount of $0.32 per share of common stock payable to stockholders of record on March 8, 2018. The dividend was paid on March 22, 2018.