XML 41 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Total revenues $ 77,862 $ 276,768 $ 308,931
Costs and expenses      
Depreciation and amortization (22,317) (22,747) (22,275)
General and administrative (16,998) (25,395) (27,337)
Impairment of long-lived assets (217)    
Total costs and expenses (139,175) (267,645) (285,307)
Operating income (loss) (61,313) 9,123 23,624
Interest expense, net (9,354) (7,904) (6,837)
Gain (loss) on sale of assets (1) (2) (41)
Other income (expense) 293 325 (256)
Income (loss) before income tax expense and equity earnings of unconsolidated joint ventures (70,375) 1,542 16,490
Equity earnings (loss) of unconsolidated joint ventures (449) 792 974
Income (loss) before income taxes (70,824) 2,334 17,464
Income tax benefit (expense) 4,967 (28,837) (3,298)
Net income (loss) (65,857) (26,503) 14,166
Less: net income (loss) attributable to noncontrolling interests (657) (74) 132
Net income (loss) attributable to Reading International, Inc. common shareholders $ (65,200) $ (26,429) $ 14,034
Basic earnings (loss) per share attributable to Reading International, Inc. shareholders $ (3.00) $ (1.17) $ 0.61
Diluted earnings (loss) per share attributable to Reading International, Inc. shareholders $ (3.00) $ (1.17) $ 0.60
Weighted average number of shares outstanding-basic 21,749,155 22,631,754 22,991,277
Weighted average number of shares outstanding-diluted 22,215,511 22,784,122 23,208,991
Cinema [Member]      
Revenues      
Total revenues $ 67,014 $ 262,189 $ 293,723
Costs and expenses      
Total costs and expenses (91,065) (210,050) (225,791)
Real Estate [Member]      
Revenues      
Total revenues 10,848 14,579 15,208
Costs and expenses      
Total costs and expenses $ (8,578) $ (9,453) $ (9,904)