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Business Combinations
12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Business Combinations NOTE 20 – BUSINESS COMBINATIONS State Cinema Hobart, Tasmania, Australia On December 3, 2019, we purchased the tenant’s interest and other operating assets of an established ten-screen cinema in Hobart, Tasmania, Australia, for $6.2m (AU$9.0m). We commenced trading from this new cinema site on December 5, 2019. The total purchase price was allocated to the identifiable assets acquired based on our estimates of their fair values on the acquisition date. The identified assets include fixtures and equipment, the State Cinema brand, inventory and immaterial working capital balances. There were immaterial liabilities assumed, including certain gift card obligations. Our final purchase price allocation is as follows: (Dollars in thousands) Preliminary Purchase Price Allocation(1) Measurement Period Adjustments Final Purchase Price Allocation(1)Tangible Assets Operating property: Fixtures and equipment $ 481 $ (119) $ 362Deferred tax 5 — 5Current assets: Inventory 333 — 333 Intangible Assets Brand name — 250 250Liquor license 1 1Goodwill 5,617 (132) 5,485Total assets acquired 6,436 — 6,436 Liabilities Employee liabilities (20) — (20)Deferred revenue balances (236) — (236)Total liabilities acquired (256) — (256) Net assets acquired $ 6,180 $ — $ 6,180 (1)The balances were translated into U.S. Dollars based on the applicable exchange rate as of the date of acquisition, December 3, 2019.