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Business Segments (Tables)
6 Months Ended
Jun. 30, 2013
Business Segments [Abstract]  
Quarterly Results Of Operations For Each Of Our Principal Business Segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2013

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

64,659 

$

6,896 

$

(1,913)

$

69,642 

Operating expense

 

53,008 

 

2,730 

 

(1,913)

 

53,825 

Depreciation and amortization

 

2,525 

 

1,015 

 

--

 

3,540 

General and administrative expense

 

801 

 

214 

 

--

 

1,015 

Segment operating income

$

8,325 

$

2,937 

$

--

$

11,262 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2012

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

57,988 

$

6,841 

$

(1,882)

$

62,947 

Operating expense

 

48,347 

 

2,582 

 

(1,882)

 

49,047 

Depreciation and amortization

 

2,733 

 

1,087 

 

--

 

3,820 

General and administrative expense

 

782 

 

146 

 

--

 

928 

Segment operating income

$

6,126 

$

3,026 

$

--

$

9,152 

 

Year To Date Results Of Operations For Each Of Our Principal Business Segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income attributable to Reading International, Inc. shareholders:

 

 

 

 

 

2013 Quarter

 

2012 Quarter

Total segment operating income

 

 

 

 

$

11,262 

$

9,152 

Non-segment:

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

110 

 

97 

General and administrative expense

 

 

 

 

 

3,386 

 

3,398 

Operating income

 

 

 

 

 

7,766 

 

5,657 

Interest expense, net

 

 

 

 

 

(2,636)

 

(5,683)

Other income

 

 

 

 

 

113 

 

68 

Loss on sale of assets

 

 

 

 

 

--

 

(2)

Income tax expense

 

 

 

 

 

(1,500)

 

(259)

Equity earnings of unconsolidated joint ventures and entities

 

 

 

 

 

432 

 

399 

Income from discontinued operations

 

 

 

 

 

--

 

44 

Net income

 

 

 

 

$

4,175 

$

224 

Net (income) loss attributable to noncontrolling interests

 

 

 

 

 

(40)

 

15 

Net income attributable to Reading International, Inc. common shareholders

 

 

 

 

$

4,135 

$

239 

 

Quarterly Recociliation To Net Income Attributable To Common Shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2013

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

119,429 

$

13,606 

$

(3,826)

$

129,209 

Operating expense

 

100,956 

 

5,399 

 

(3,826)

 

102,529 

Depreciation and amortization

 

5,285 

 

2,134 

 

--

 

7,419 

General and administrative expense

 

1,571 

 

334 

 

--

 

1,905 

Segment operating income

$

11,617 

$

5,739 

$

--

$

17,356 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2012

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

115,390 

$

13,753 

$

(3,765)

$

125,378 

Operating expense

 

96,563 

 

5,326 

 

(3,765)

 

98,124 

Depreciation and amortization

 

5,563 

 

2,222 

 

--

 

7,785 

General and administrative expense

 

1,484 

 

325 

 

--

 

1,809 

Segment operating income

$

11,780 

$

5,880 

$

--

$

17,660 

 

Year To Date Reconciliation To Net Income Attributable To Common Shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income attributable

 

 

 

 

 

2013 Six

 

2012 Six

to Reading International, Inc. shareholders:

 

 

 

 

 

Months

 

Months

Total segment operating income

 

 

 

 

$

17,356 

$

17,660 

Non-segment:

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

221 

 

236 

General and administrative expense

 

 

 

 

 

6,833 

 

6,937 

Operating income

 

 

 

 

 

10,302 

 

10,487 

Interest expense, net

 

 

 

 

 

(5,309)

 

(9,443)

Other income

 

 

 

 

 

128 

 

23 

Loss on sale of assets

 

 

 

 

 

(7)

 

(2)

Income tax expense

 

 

 

 

 

(2,389)

 

(1,884)

Equity earnings of unconsolidated joint ventures and entities

 

 

 

 

 

779 

 

812 

Income from discontinued operations

 

 

 

 

 

--

 

120 

Net income

 

 

 

 

$

3,504 

$

113 

Net income attributable to noncontrolling interests

 

 

 

 

 

(36)

 

(116)

Net income (loss) attributable to Reading International, Inc. common shareholders

 

 

 

 

$

3,468 

$

(3)