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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2013

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

61,228 

$

6,157 

$

(1,913)

$

65,472 

Operating expense

 

50,655 

 

2,716 

 

(1,913)

 

51,458 

Depreciation and amortization

 

2,540 

 

951 

 

--

 

3,491 

General and administrative expense

 

891 

 

185 

 

--

 

1,076 

Segment operating income

$

7,142 

$

2,305 

$

--

$

9,447 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2012

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

59,246 

$

6,570 

$

(1,882)

$

63,934 

Operating expense

 

50,554 

 

3,153 

 

(1,882)

 

51,825 

Depreciation and amortization

 

2,786 

 

1,108 

 

--

 

3,894 

General and administrative expense

 

653 

 

197 

 

--

 

850 

Segment operating income

$

5,253 

$

2,112 

$

--

$

7,365 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2013

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

180,657 

$

19,764 

$

(5,740)

$

194,681 

Operating expense

 

151,612 

 

8,115 

 

(5,740)

 

153,987 

Depreciation and amortization

 

7,824 

 

3,086 

 

--

 

10,910 

General and administrative expense

 

2,463 

 

519 

 

--

 

2,982 

Segment operating income

$

18,758 

$

8,044 

$

--

$

26,802 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2012

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

174,636 

$

20,324 

$

(5,647)

$

189,313 

Operating expense

 

147,117 

 

8,479 

 

(5,647)

 

149,949 

Depreciation and amortization

 

8,349 

 

3,331 

 

--

 

11,680 

General and administrative expense

 

2,137 

 

522 

 

--

 

2,659 

Segment operating income

$

17,033 

$

7,992 

$

--

$

25,025 

 

Quarterly Recociliation To Net Income Attributable To Common Shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

2013 Quarter

 

2012 Quarter

Total segment operating income

 

 

 

 

$

9,447 

$

7,365 

Non-segment:

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

111 

 

101 

General and administrative expense

 

 

 

 

 

3,510 

 

3,107 

Operating income

 

 

 

 

 

5,826 

 

4,157 

Interest expense, net

 

 

 

 

 

(2,814)

 

(4,165)

Other income (expense)

 

 

 

 

 

(55)

 

182 

Gain on sale of assets

 

 

 

 

 

--

 

86 

Income tax benefit (expense)

 

 

 

 

 

(751)

 

100 

Equity earnings of unconsolidated joint ventures and entities

 

 

 

 

 

225 

 

277 

Loss from discontinued operations

 

 

 

 

 

--

 

(241)

Net income

 

 

 

 

$

2,431 

$

396 

Net income attributable to noncontrolling interests

 

 

 

 

 

(38)

 

(33)

Net income attributable to Reading International, Inc. common shareholders

 

 

 

 

$

2,393 

$

363 

 

Year To Date Reconciliation To Net Income Attributable To Common Shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income attributable

 

 

 

 

 

2013 Nine

 

2012 Nine

to Reading International, Inc. shareholders:

 

 

 

 

 

Months

 

Months

Total segment operating income

 

 

 

 

$

26,802 

$

25,025 

Non-segment:

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

333 

 

336 

General and administrative expense

 

 

 

 

 

10,341 

 

10,042 

Operating income

 

 

 

 

 

16,128 

 

14,647 

Interest expense, net

 

 

 

 

 

(8,124)

 

(13,608)

Other income

 

 

 

 

 

72 

 

202 

Gain (loss) on sale of assets

 

 

 

 

 

(7)

 

84 

Income tax expense

 

 

 

 

 

(3,140)

 

(1,784)

Equity earnings of unconsolidated joint ventures and entities

 

 

 

 

 

1,005 

 

1,090 

Loss from discontinued operations

 

 

 

 

 

--

 

(121)

Net income

 

 

 

 

$

5,934 

$

510 

Net income attributable to noncontrolling interests

 

 

 

 

 

(74)

 

(149)

Net income attributable to Reading International, Inc. common shareholders

 

 

 

 

$

5,860 

$

361