XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Total revenues $ 64,511 $ 36,033 $ 104,712 $ 57,339
Costs and expenses        
Depreciation and amortization (5,247) (5,801) (10,771) (11,451)
Impairment expense (1,549)   (1,549)  
General and administrative (6,312) (8,834) (12,107) (13,931)
Total costs and expenses (66,083) (48,565) (118,061) (83,849)
Operating income (loss) (1,572) (12,532) (13,349) (26,510)
Interest expense, net (3,343) (3,005) (6,548) (7,368)
Gain (loss) on sale of assets   43,241   89,786
Other income (expense) 3,773 154 2,990 1,795
Income (loss) before income tax expense and equity earnings of unconsolidated joint ventures (1,142) 27,858 (16,907) 57,703
Equity earnings of unconsolidated joint ventures 237 283 172 233
Income (loss) before income taxes (905) 28,141 (16,735) 57,936
Income tax benefit (expense) (1,538) (5,547) (1,160) (13,275)
Net income (loss) (2,443) 22,594 (17,895) 44,661
Less: net income (loss) attributable to noncontrolling interests (7) (108) (105) 2,994
Net income (loss) attributable to Reading International, Inc. $ (2,436) $ 22,702 $ (17,790) $ 41,667
Basic earnings (loss) per share $ (0.11) $ 1.04 $ (0.81) $ 1.91
Diluted earnings (loss) per share $ (0.11) $ 1.01 $ (0.81) $ 1.86
Weighted average number of shares outstanding-basic 22,040,512 21,808,556 21,995,186 21,784,700
Weighted average number of shares outstanding-diluted 22,952,960 22,480,168 22,907,634 22,456,919
Cinema [Member]        
Revenues        
Total revenues $ 61,770 $ 32,715 $ 99,117 $ 50,829
Costs and expenses        
Costs and expenses (50,769) (31,366) (89,271) (53,248)
Real Estate [Member]        
Revenues        
Total revenues 2,741 3,318 5,595 6,510
Costs and expenses        
Costs and expenses $ (2,206) $ (2,564) $ (4,363) $ (5,219)