XML 39 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements Of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income (loss) $ 34,814,000 $ (65,857,000) $ (26,503,000)
Adjustments to reconcile net income to net cash flows from operating activities:      
Equity earnings of unconsolidated joint ventures (258,000) 449,000 (792,000)
Distributions of earnings from unconsolidated joint ventures   240,000 864,000
Gain recognized on foreign currency transactions (2,085,000)    
Net loss (gain) on sale of assets (92,219,000) 1,000 2,000
Amortization of operating leases 23,357,000 21,458,000 20,765,000
Amortization of finance leases 49,000 93,000 165,000
Change in operating lease liabilities (21,506,000) (20,400,000) (20,137,000)
Interest on hedged derivatives (56,000)   (10,000)
Change in net deferred tax assets 967,000 401,000 23,115,000
Purchase of derivative instruments (62,000)    
Depreciation and amortization 22,746,000 22,317,000 22,747,000
Impairment of long-lived assets 0 217,000 0
Other amortization 1,368,000 1,046,000 952,000
Share-based compensation expense 2,152,000 1,421,000 1,463,000
Net changes in operating assets and liabilities:      
Receivables (2,817,000) 4,805,000 704,000
Prepaid and other assets 2,122,000 (1,307,000) (216,000)
Payments for accrued pension (683,000) (683,000) (683,000)
Accounts payable and accrued expenses 6,313,000 9,330,000 508,000
Film rent payable 4,725,000 (6,323,000) 48,000
Taxes payable 10,943,000 (34,000) (1,514,000)
Deferred revenue and other liabilities (3,368,000) 2,626,000 3,129,000
Net cash provided by (used in) operating activities (13,498,000) (30,200,000) 24,607,000
Investing Activities      
Proceeds from sale of assets 145,165,000    
Purchases of and additions to operating and investment properties (15,555,000) (18,526,000) (45,709,000)
Acquisition of business     (7,877,000)
Cash settlement on insurance claim     323,000
Contributions to unconsolidated joint ventures   (245,000)  
Net cash provided by (used in) investing activities 129,610,000 (18,771,000) (53,263,000)
Financing Activities      
Repayment of long-term borrowings (88,417,000) (29,896,000) (52,394,000)
Repayment of finance lease principal (49,000) (92,000) (160,000)
Proceeds from borrowings 45,337,000 90,323,000 90,507,000
Capitalized borrowing costs (1,691,000) (97,000) (526,000)
Repurchase of Class A Nonvoting Common Stock   (670,000) (11,152,000)
Proceeds (payments) from stock option exercises (148,000) (43,000) (315,000)
Noncontrolling interest contributions 3,000 55,000 90,000
Noncontrolling interest distributions (5,315,000) (250,000) (42,000)
Net cash provided by (used in) financing activities (50,280,000) 59,330,000 26,008,000
Effect of exchange rate on cash and restricted cash (4,095,000) 4,333,000 322,000
Net increase (decrease) in cash and cash equivalents and restricted cash 61,737,000 14,692,000 (2,326,000)
Cash and cash equivalents and restricted cash at the beginning of the year 26,834,000 12,142,000 14,468,000
Cash and cash equivalents and restricted cash at the end of the year 88,571,000 26,834,000 12,142,000
Cash and cash equivalents and restricted cash consists of:      
Cash and cash equivalents 83,251,000 26,826,000 12,135,000
Restricted cash 5,320,000 8,000 7,000
Total 88,571,000 26,834,000 12,142,000
Supplemental Disclosures      
Interest paid 12,394,000 10,240,000 10,650,000
Income taxes paid (refunded), net (6,479,000) (2,333,000) 7,038,000
Non-Cash Transactions      
Lease make-good accrual 288,000 62,000 902,000
Additions to long-term borrowings     3,519,000
Additions to operating and investing properties through accrued expenses $ 3,177,000 $ 4,346,000 $ 6,003,000