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Consolidated Statements Of Income
$ in Thousands, NZD in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
[1]
Sep. 30, 2017
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
[1]
Revenue        
Cinema $ 62,059 $ 67,825 $ 196,062 $ 192,579
Real estate 4,028 3,490 11,892 10,443
Total revenue 66,087 71,315 207,954 203,022
Costs and expenses        
Cinema (49,591) (52,103) (153,512) (148,864)
Real estate (2,881) (2,296) (7,258) (6,628)
Depreciation and amortization (4,137) (4,131) (12,124) (11,766)
General and administrative (5,840) (6,175) (18,131) (18,372)
Total costs and expenses (62,449) (64,705) (191,025) (185,630)
Operating income 3,638 6,610 16,929 17,392
Interest expense, net (1,663) (1,553) (5,310) (5,190)
Gain on sale of assets     9,417 393
Gain on insurance recoveries     9,217  
Other income (expense) 89 (12) 937 (115)
Income before income tax expense and equity earnings of unconsolidated joint ventures 2,064 5,045 31,190 12,480
Equity earnings of unconsolidated joint ventures 136 200 654 808
Income before income taxes 2,200 5,245 31,844 13,288
Income tax expense (742) (1,328) (8,291) (4,222)
Net income 1,458 3,917 23,553 9,066
Less: net income (loss) attributable to noncontrolling interests (98) 62 (66) 12
Net income attributable to Reading International, Inc. common shareholders $ 1,556 $ 3,855 $ 23,619 $ 9,054
Basic earnings per share attributable to Reading International, Inc. shareholders | $ / shares $ 0.07 $ 0.17 $ 1.02 $ 0.39
Diluted earnings per share attributable to Reading International, Inc. shareholders | $ / shares $ 0.07 $ 0.16 $ 1.01 $ 0.38
Weighted average number of shares outstanding-basic | shares 22,968,017 23,334,892 23,101,619 23,334,892
Weighted average number of shares outstanding-diluted | shares 23,212,632 23,532,796 23,346,234 23,532,796
[1] Certain 2016 balances have been reclassified to conform to the 2017 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).