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Consolidated Statements Of Operations
NZD in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Revenue      
Cinema $ 256,922 $ 242,823 [1] $ 238,355 [1]
Real estate 13,551 15,042 [1] 16,887 [1]
Total revenue 270,473 257,865 [1],[2] 255,242 [1],[2]
Costs and expenses      
Cinema (198,523) (190,007) [1] (188,435) [1]
Real estate (9,044) (10,948) [1] (9,770) [1]
Depreciation and amortization (15,689) (14,562) [1] (15,468) [1]
General and administrative (26,906) (18,652) [1] (18,902) [1]
Total costs and expenses (250,162) (234,169) [1] (232,575) [1]
Operating income 20,311 23,696 [1] 22,667 [1]
Interest income 86 1,268 [1] 662 [1]
Interest expense (6,868) (8,572) [1] (9,662) [1]
Casualty loss [3],[4] (1,421)    
Net gain on sale of assets 393 11,023 [1] 25 [1]
Other income (expense) (63) (440) [1] 1,646 [1]
Income before income taxes and equity earnings of unconsolidated joint ventures 12,438 26,975 [1],[5] 15,338 [1],[5]
Equity earnings of unconsolidated joint ventures 999 1,204 [1] 1,015 [1]
Income before income taxes 13,437 28,179 [1] 16,353 [1]
Income tax benefit (expense) (4,020) (5,148) [1],[5] 8,925 [1],[5]
Net income [1] 9,417 23,031 25,278
Less: Net income (loss) attributable to non-controlling interests 14 (79) [1] (57) [1]
Net income attributable to Reading International, Inc. common shareholders $ 9,403 $ 23,110 [1] $ 25,335 [1],[5]
Basic earnings per share | $ / shares $ 0.40 $ 0.99 [1] $ 1.08 [1],[5]
Diluted earnings per share | $ / shares $ 0.40 $ 0.98 [1] $ 1.07 [1],[5]
Weighted average number of shares outstanding-basic | shares 23,320,048 23,293,696 [1] 23,431,855 [1],[5]
Weighted average number of shares outstanding-diluted | shares 23,521,157 23,495,618 [1] 23,749,221 [1],[5]
[1] Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2] Balances relating to Cinema segment included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3] In line with our standard translation policy, the recoverable asset of NZ$13.6 million was translated into U.S. dollars based on the spot exchange rate as of December 31, 2016, while the impact on our statement of operations was translated using the average exchange rate for the month of December 2016.
[4] Total impact to current income of $1.4 million (NZ$2.0 million) is presented as a separate line in our Statement of Operations.
[5] 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).