XML 21 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Total revenues $ 36,033 $ 3,422 $ 57,339 $ 52,650
Costs and expenses        
Depreciation and amortization (5,801) (5,266) (11,451) (10,537)
General and administrative (8,834) (5,102) (13,931) (11,047)
Total costs and expenses (48,565) (25,617) (83,849) (81,885)
Operating income (loss) (12,532) (22,195) (26,510) (29,235)
Interest expense, net (3,005) (2,004) (7,368) (3,797)
Gain (loss) on sale of assets 43,241   89,786  
Other income (expense) 154 19 1,795 (196)
Income (loss) before income tax expense and equity earnings of unconsolidated joint ventures 27,858 (24,180) 57,703 (33,228)
Equity earnings of unconsolidated joint ventures 283 (274) 233 (195)
Income (loss) before income taxes 28,141 (24,454) 57,936 (33,423)
Income tax benefit (expense) (5,547) 1,567 (13,275) 4,580
Net income (loss) 22,594 (22,887) 44,661 (28,843)
Less: net income (loss) attributable to noncontrolling interests (108) (185) 2,994 (266)
Net income (loss) attributable to Reading International, Inc. common shareholders $ 22,702 $ (22,702) $ 41,667 $ (28,577)
Basic earnings (loss) per share attributable to Reading International, Inc. shareholders $ 1.04 $ (1.04) $ 1.91 $ (1.31)
Diluted earnings (loss) per share attributable to Reading International, Inc. shareholders $ 1.01 $ (1.04) $ 1.86 $ (1.31)
Weighted average number of shares outstanding-basic 21,808,556 21,742,667 21,784,700 21,749,356
Weighted average number of shares outstanding-diluted 22,480,168 21,742,667 22,456,919 21,749,356
Cinema [Member]        
Revenues        
Total revenues $ 32,715 $ 1,217 $ 50,829 $ 47,527
Costs and expenses        
Total costs and expenses (31,366) (13,660) (53,248) (55,952)
Real Estate [Member]        
Revenues        
Total revenues 3,318 2,205 6,510 5,123
Costs and expenses        
Total costs and expenses $ (2,564) $ (1,589) $ (5,219) $ (4,349)