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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]

The following table summarizes compensation values reported in the Summary Compensation Table for our Chief Executive Officer, also known as principal executive officer ("PEO"), and the average of our other NEOs as compared to "compensation actually paid" during the years ended December 31, 2022, 2021, and 2020. In determining the "compensation actually paid" to our NEOs, we are required to make various adjustments to amounts that have been previously reported in the Summary Compensation Table in previous years, as the SEC's valuation methods for this section differ from those that are required to be applied in the Summary Compensation Table.

Year

Summary Compensation Table Total for PEO(1)

Compensation Actually Paid ("CAP") to PEO(2)(3)

Average Summary Compensation Table Total for Non-PEO NEOs(1)

Average Compensation Actually Paid to Non-PEO NEOs(2)(3)

Value of Initial Fixed $100 Investment Based On:

Net Income (millions)(5)

Adjusted EBITDA (millions)(6)

 

 

 

 

 

TSR

Peer Group TSR(4)

 

 

2022

$8,038,004

$5,845,194

$2,065,369

$1,578,025

$71.76

$119.49

($22.80)

$84.40

2021

$9,081,442

$9,581,484

$2,623,371

$1,838,719

$87.32

$145.37

($22.30)

$68.60

2020

$6,922,439

$7,069,638

$2,250,134

$2,516,577

$88.20

$110.56

($143.80)

($13.10)

(1) The PEO for the covered years is Richard L. Gelfond. Our non-PEO NEOs for the covered years are as follows:

2020

2021

2022

Patrick McClymont

Patrick McClymont

Natasha Fernandes

Megan Colligan

Joseph Sparacio

Joseph Sparacio

Robert D. Lister

Megan Colligan

Megan Colligan

Mark Welton

Robert D. Lister

Robert D. Lister

 

Mark Welton

Mark Welton

 

(2) The following adjustments relating to equity awards were made to total compensation for each year to determine CAP:

Year

Value of Equity Awards Disclosed in the Summary Compensation Table

 

Year End Value of Equity Awards Granted During the Covered Year

 

Change in Fair Value of Outstanding and Unvested Equity Awards

 

Fair Value of Awards Granted and Vesting in the Same Year

 

Change in Fair Value of Awards Granted in Prior Years Vesting During the Covered Year

 

Value of Awards Granted in Prior Years that Fail to Meet Applicable Vesting Conditions During the Covered Year

 

Total Equity Award Adjustments

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,499,961

)

$

5,431,528

 

$

(2,234,773

)

$

0

 

$

110,396

 

$

0

 

$

(2,192,810.0

)

NEO

$

(1,059,982

)

$

893,778

 

$

(344,955

)

$

15,655

 

$

8,160

 

$

0

 

$

(487,344.0

)

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,899,985

)

$

7,028,781

 

$

(628,754

)

$

0

 

$

0

 

$

0

 

$

500,042.0

 

NEO

$

(1,574,116

)

$

953,443

 

$

(136,280

)

$

106,187

 

$

379,737

 

$

(513,623

)

$

(784,652.0

)

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,499,962

)

$

5,810,650

 

$

0

 

$

0

 

$

0

 

$

0

 

$

310,688.0

 

NEO

$

(1,437,492

)

$

2,038,667

 

$

(100,016

)

$

0

 

$

(234,716

)

$

0

 

$

266,443.0

 

 

Fair values of equity awards set forth in the table above are computed in accordance with FASB ASC Topic 718 as of the end of the respective fiscal year, other than fair values of equity awards that vest in the covered year, which are valued as of the applicable vesting date.

 

(3) The following adjustments relating to defined benefit and pension plans (as applicable) were made to total compensation for each year to determine CAP:

 

Reported Values Deducted

Calculated Values Added

Year

PEO

Non-PEO NEOs

PEO

Non-PEO NEOs

2022

$0

$0

$0

$0

2021

$0

$0

$0

$0

2020

$163,489

$0

$0

$0

 

 

(4) Represents the total cumulative shareholder return for $100 invested on December 31, 2019 (assuming that all dividends were reinvested) in common shares of the Company against the cumulative total return of the IMAX Peer Group to the end of the most recently completed fiscal year. IMAX's 2022 peer group consisted of Ambarella, Inc., Avid Technologies, Inc., Cinemark Holdings, Inc., Cineplex Inc., Dolby Laboratories, Inc., Harmonic Inc., Lions Gate Entertainment Corp., The Marcus Corporation, and World Wrestling Entertainment, Inc. (the "2022 Peer Group"). IMAX's 2021 peer group consisted of the 2022 Peer Group and Zynga Inc. IMAX's 2020 peer group consisted of the 2022 Peer Group, Glu Mobile Inc. and Zynga Inc. Glu Mobile Inc. and Zynga Inc. were excluded from the peer group list, as applicable, because they were acquired in 2021 and 2022, respectively.

 

(5) The dollar amounts reported represent the amount of net income attributable to common shareholders reflected in the Company’s audited financial statements for the applicable year (U.S. GAAP Net Income).

 

(6) Based on the Company assessment, Adjusted EBITDA is the financial performance measure most closely linked to the calculation of CAP. Adjusted EBITDA is a non-GAAP Financial Measure. See "Non-GAAP Financial Measures" on page 90 for a reconciliation of all non-GAAP measurements to the most directly comparable U.S. GAAP measure and a description of how the non-GAAP numbers are calculated from our audited financial statements.

   
Company Selected Measure Name Adjusted EBITDA    
Named Executive Officers, Footnote [Text Block]

(1) The PEO for the covered years is Richard L. Gelfond. Our non-PEO NEOs for the covered years are as follows:

2020

2021

2022

Patrick McClymont

Patrick McClymont

Natasha Fernandes

Megan Colligan

Joseph Sparacio

Joseph Sparacio

Robert D. Lister

Megan Colligan

Megan Colligan

Mark Welton

Robert D. Lister

Robert D. Lister

 

Mark Welton

Mark Welton

 

   
Peer Group Issuers, Footnote [Text Block]

(4) Represents the total cumulative shareholder return for $100 invested on December 31, 2019 (assuming that all dividends were reinvested) in common shares of the Company against the cumulative total return of the IMAX Peer Group to the end of the most recently completed fiscal year. IMAX's 2022 peer group consisted of Ambarella, Inc., Avid Technologies, Inc., Cinemark Holdings, Inc., Cineplex Inc., Dolby Laboratories, Inc., Harmonic Inc., Lions Gate Entertainment Corp., The Marcus Corporation, and World Wrestling Entertainment, Inc. (the "2022 Peer Group"). IMAX's 2021 peer group consisted of the 2022 Peer Group and Zynga Inc. IMAX's 2020 peer group consisted of the 2022 Peer Group, Glu Mobile Inc. and Zynga Inc. Glu Mobile Inc. and Zynga Inc. were excluded from the peer group list, as applicable, because they were acquired in 2021 and 2022, respectively.

   
PEO Total Compensation Amount $ 8,038,004 $ 9,081,442 $ 6,922,439
PEO Actually Paid Compensation Amount $ 5,845,194 9,581,484 7,069,638
Adjustment To PEO Compensation, Footnote [Text Block]

(2) The following adjustments relating to equity awards were made to total compensation for each year to determine CAP:

Year

Value of Equity Awards Disclosed in the Summary Compensation Table

 

Year End Value of Equity Awards Granted During the Covered Year

 

Change in Fair Value of Outstanding and Unvested Equity Awards

 

Fair Value of Awards Granted and Vesting in the Same Year

 

Change in Fair Value of Awards Granted in Prior Years Vesting During the Covered Year

 

Value of Awards Granted in Prior Years that Fail to Meet Applicable Vesting Conditions During the Covered Year

 

Total Equity Award Adjustments

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,499,961

)

$

5,431,528

 

$

(2,234,773

)

$

0

 

$

110,396

 

$

0

 

$

(2,192,810.0

)

NEO

$

(1,059,982

)

$

893,778

 

$

(344,955

)

$

15,655

 

$

8,160

 

$

0

 

$

(487,344.0

)

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,899,985

)

$

7,028,781

 

$

(628,754

)

$

0

 

$

0

 

$

0

 

$

500,042.0

 

NEO

$

(1,574,116

)

$

953,443

 

$

(136,280

)

$

106,187

 

$

379,737

 

$

(513,623

)

$

(784,652.0

)

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,499,962

)

$

5,810,650

 

$

0

 

$

0

 

$

0

 

$

0

 

$

310,688.0

 

NEO

$

(1,437,492

)

$

2,038,667

 

$

(100,016

)

$

0

 

$

(234,716

)

$

0

 

$

266,443.0

 

 

Fair values of equity awards set forth in the table above are computed in accordance with FASB ASC Topic 718 as of the end of the respective fiscal year, other than fair values of equity awards that vest in the covered year, which are valued as of the applicable vesting date.

 

(3) The following adjustments relating to defined benefit and pension plans (as applicable) were made to total compensation for each year to determine CAP:

 

Reported Values Deducted

Calculated Values Added

Year

PEO

Non-PEO NEOs

PEO

Non-PEO NEOs

2022

$0

$0

$0

$0

2021

$0

$0

$0

$0

2020

$163,489

$0

$0

$0

 

   
Non-PEO NEO Average Total Compensation Amount $ 2,065,369 2,623,371 2,250,134
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,578,025 1,838,719 2,516,577
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

(2) The following adjustments relating to equity awards were made to total compensation for each year to determine CAP:

Year

Value of Equity Awards Disclosed in the Summary Compensation Table

 

Year End Value of Equity Awards Granted During the Covered Year

 

Change in Fair Value of Outstanding and Unvested Equity Awards

 

Fair Value of Awards Granted and Vesting in the Same Year

 

Change in Fair Value of Awards Granted in Prior Years Vesting During the Covered Year

 

Value of Awards Granted in Prior Years that Fail to Meet Applicable Vesting Conditions During the Covered Year

 

Total Equity Award Adjustments

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,499,961

)

$

5,431,528

 

$

(2,234,773

)

$

0

 

$

110,396

 

$

0

 

$

(2,192,810.0

)

NEO

$

(1,059,982

)

$

893,778

 

$

(344,955

)

$

15,655

 

$

8,160

 

$

0

 

$

(487,344.0

)

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,899,985

)

$

7,028,781

 

$

(628,754

)

$

0

 

$

0

 

$

0

 

$

500,042.0

 

NEO

$

(1,574,116

)

$

953,443

 

$

(136,280

)

$

106,187

 

$

379,737

 

$

(513,623

)

$

(784,652.0

)

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEO

$

(5,499,962

)

$

5,810,650

 

$

0

 

$

0

 

$

0

 

$

0

 

$

310,688.0

 

NEO

$

(1,437,492

)

$

2,038,667

 

$

(100,016

)

$

0

 

$

(234,716

)

$

0

 

$

266,443.0

 

 

Fair values of equity awards set forth in the table above are computed in accordance with FASB ASC Topic 718 as of the end of the respective fiscal year, other than fair values of equity awards that vest in the covered year, which are valued as of the applicable vesting date.

 

(3) The following adjustments relating to defined benefit and pension plans (as applicable) were made to total compensation for each year to determine CAP:

 

Reported Values Deducted

Calculated Values Added

Year

PEO

Non-PEO NEOs

PEO

Non-PEO NEOs

2022

$0

$0

$0

$0

2021

$0

$0

$0

$0

2020

$163,489

$0

$0

$0

 

   
Compensation Actually Paid vs. Total Shareholder Return [Text Block] TSR

img81449432_36.jpg 

   
Compensation Actually Paid vs. Net Income [Text Block] me

img81449432_37.jpg 

   
Total Shareholder Return Amount $ 71.76 87.32 88.20
Peer Group Total Shareholder Return Amount 119.49 145.37 110.56
Net Income (Loss) $ (22,800,000) $ (22,300,000) $ (143,800,000)
Company Selected Measure Amount 84,400,000 68,600,000 (13,100,000)
PEO Name Richard L. Gelfond Richard L. Gelfond Richard L. Gelfond
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EBITDA    
Non-GAAP Measure Description [Text Block]

(6) Based on the Company assessment, Adjusted EBITDA is the financial performance measure most closely linked to the calculation of CAP. Adjusted EBITDA is a non-GAAP Financial Measure. See "Non-GAAP Financial Measures" on page 90 for a reconciliation of all non-GAAP measurements to the most directly comparable U.S. GAAP measure and a description of how the non-GAAP numbers are calculated from our audited financial statements.

   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EPS    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Connected Systems    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Global Box Office    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Liquidity    
Measure [Axis]: 6      
Pay vs Performance Disclosure [Table]      
Measure Name Relative TSR    
Defined Benefit and Pension Plans Calculated Values Added [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 0 $ 0
PEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,192,810.0) 500,042.0 310,688.0
PEO [Member] | Value of Equity Awards Disclosed in the Summary Compensation Table [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (5,499,961) (5,899,985) (5,499,962)
PEO [Member] | Year End Value of Equity Awards Granted During the Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 5,431,528 7,028,781 5,810,650
PEO [Member] | Change in Fair Value of Outstanding and Unvested Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,234,773) (628,754) 0
PEO [Member] | Fair Value of Awards Granted and Vesting in the Same Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Change in Fair Value of Awards Granted in Prior Years Vesting During the Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 110,396 0 0
PEO [Member] | Value of Awards Granted in Prior Years that Fail to Meet Applicable Vesting Conditions During the Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Defined Benefit and Pension Plans Reported Values Deducted [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 163,489
PEO [Member] | Defined Benefit and Pension Plans Calculated Values Added [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (487,344.0) (784,652.0) 266,443.0
Non-PEO NEO [Member] | Value of Equity Awards Disclosed in the Summary Compensation Table [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,059,982) (1,574,116) (1,437,492)
Non-PEO NEO [Member] | Year End Value of Equity Awards Granted During the Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 893,778 953,443 2,038,667
Non-PEO NEO [Member] | Change in Fair Value of Outstanding and Unvested Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (344,955) (136,280) (100,016)
Non-PEO NEO [Member] | Fair Value of Awards Granted and Vesting in the Same Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 15,655 106,187 0
Non-PEO NEO [Member] | Change in Fair Value of Awards Granted in Prior Years Vesting During the Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 8,160 379,737 (234,716)
Non-PEO NEO [Member] | Value of Awards Granted in Prior Years that Fail to Meet Applicable Vesting Conditions During the Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 (513,623) 0
Non-PEO NEO [Member] | Defined Benefit and Pension Plans Reported Values Deducted [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 0 $ 0