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Business Segments (Tables)
9 Months Ended
Sep. 30, 2014
Business Segments [Abstract]  
Quarterly Results Of Operations For Each Of Our Principal Business Segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2014

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

60,947 

$

6,035 

$

(1,951)

$

65,031 

Operating expense

 

50,243 

 

2,289 

 

(1,951)

 

50,581 

Depreciation and amortization

 

2,765 

 

964 

 

--

 

3,729 

General and administrative expense

 

803 

 

436 

 

--

 

1,239 

Segment operating income

$

7,136 

$

2,346 

$

--

$

9,482 

 

 

 

 

 

 

 

 

 

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 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2014

Cinema Exhibition

Real Estate

Intersegment Eliminations

Total

Revenue

$

180,225 

$

18,396 

$

(5,615)

$

193,006 

Operating expense

 

147,631 

 

7,523 

 

(5,615)

 

149,539 

Depreciation and amortization

 

8,378 

 

2,839 

 

--

 

11,217 

General and administrative expense

 

2,903 

 

870 

 

--

 

3,773 

Segment operating income

$

21,313 

$

7,164 

$

--

$

28,477 

 

 

 

 

 

 

 

 

 

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 

 

Quarterly Recociliation To Net Income Attributable To Common Shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

2014 Quarter

2013 Quarter

Total segment operating income

 

 

 

 

$

9,482 

$

9,447 

Non-segment:

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

92 

 

111 

General and administrative expense

 

 

 

 

 

3,217 

 

3,510 

Operating income

 

 

 

 

 

6,173 

 

5,826 

Interest expense, net

 

 

 

 

 

(1,411)

 

(2,814)

Other income  (expense)

 

 

 

 

 

242 

 

(55)

Gain on sale of assets

 

 

 

 

 

25 

 

--

Income tax  expense

 

 

 

 

 

(1,312)

 

(751)

Equity earnings of unconsolidated joint ventures and entities

 

 

 

 

 

222 

 

225 

Net income

 

 

 

 

$

3,939 

$

2,431 

Net (income) attributable to noncontrolling interests

 

 

 

 

 

--

 

(38)

Net income attributable to Reading International, Inc. common shareholders

 

 

 

 

$

3,939 

$

2,393 

 

Year To Date Reconciliation To Net Income Attributable To Common Shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to net income attributable

 

 

 

 

2014 Nine

2013 Nine

to Reading International, Inc. shareholders:

 

 

 

 

Months

Months

Total segment operating income

 

 

 

 

$

28,477 

$

26,802 

Non-segment:

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

 

 

 

 

273 

 

333 

General and administrative expense

 

 

 

 

 

10,950 

 

10,341 

Operating income

 

 

 

 

 

17,254 

 

16,128 

Interest expense, net

 

 

 

 

 

(6,537)

 

(8,124)

Other income

 

 

 

 

 

1,630 

 

72 

Gain (loss) on sale of assets

 

 

 

 

 

25 

 

(7)

Income tax expense

 

 

 

 

 

(4,747)

 

(3,140)

Equity earnings of unconsolidated joint ventures and entities

 

 

 

 

 

833 

 

1,005 

Net income

 

 

 

 

$

8,458 

$

5,934 

Net (income) loss attributable to noncontrolling interests

 

 

 

 

 

23 

 

(74)

Net income attributable to Reading International, Inc. common shareholders

 

 

 

 

$

8,481 

$

5,860