Receivables (Tables)

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Summary of Allowance For Credit Losses Related to Accounts Receivable

The following tables summarize the activity in the allowance for credit losses related to Accounts Receivable for the years ended December 31, 2023 and 2022:

	Year Ended December 31, 2023
(In thousands of U.S. Dollars)	Theater Operators			Studios			Other			Total
Beginning balance	$	11,144		$	1,699		$	1,276		$	14,119
Current period provision (reversal), net		4,771			(944	)		(270	)		3,557
Write-offs, net of recoveries		(1,225	)		(133	)		—			(1,358	)
Foreign exchange		(335	)		(6	)		—			(341	)
Ending balance	$	14,355		$	616		$	1,006		$	15,977
	Year Ended December 31, 2022
(In thousands of U.S. Dollars)	Theater Operators			Studios			Other			Total
Beginning balance	$	8,867		$	1,994		$	1,085		$	11,946
Current period provision (reversal), net		2,687			(128	)		585			3,144
Write-offs, net of recoveries		(43	)		(128	)		(394	)		(565	)
Foreign exchange		(367	)		(39	)		—			(406	)
Ending balance	$	11,144		$	1,699		$	1,276		$	14,119

Schedule of Financing Receivables

As of December 31, 2023 and 2022, financing receivables consist of the following:

	December 31,			December 31,
(In thousands of U.S. Dollars)	2023			2022
Net investment in leases
Gross minimum payments due under sales-type leases	$	30,459		$	29,727
Unearned finance income		(467	)		(619	)
Present value of minimum payments due under sales-type leases		29,992			29,108
Allowance for credit losses		(453	)		(776	)
Net investment in leases		29,539			28,332
Financed sales receivables
Gross minimum payments due under financed sales		135,684			141,337
Unearned finance income		(28,452	)		(29,340	)
Present value of minimum payments due under financed sales		107,232			111,997
Allowance for credit losses		(9,617	)		(10,945	)
Net financed sales receivables		97,615			101,052
Total financing receivables	$	127,154		$	129,384
Net financed sales receivables due within one year	$	32,031		$	32,366
Net financed sales receivables due after one year		65,584			68,686
Total financed sales receivables	$	97,615		$	101,052

Schedule of Weighted-average Remaining Lease Term and Weighted-average Interest Rate

As of December 31, 2023 and 2022, the weighted-average remaining lease term and weighted-average interest rate associated with the Company’s sales-type lease arrangements and financed sales receivables, as applicable, are as follows:

	December 31,			December 31,
	2023			2022
Weighted-average remaining lease term (in years)
Sales-Type lease arrangements		8.3			9.0
Weighted-average interest rate
Sales-Type lease arrangements		7.88	%		8.23	%
Financed sales receivables		8.97	%		8.79	%

Schedule of Net Investment In Leases by Credit Quality Indicator

The tables below provide information on the Company’s net investment in leases by credit quality indicator as of December 31, 2023 and 2022. The amounts disclosed for each credit quality classification are determined on a customer-by-customer basis and include both billed and unbilled amounts.

(In thousands of U.S. Dollars)	By Origination Year
As of December 31, 2023	2023		2022		2021		2020		2019		Prior		Total
Net investment in leases:
Credit quality classification:
In good standing	$	2,435	$	3,262	$	6,241	$	2,173	$	1,677	$	1,138	$	16,926
Credit Watch		—		490		—		—		—		313		803
Pre-approved transactions		—		—		3,462		1,182		5,221		1,997		11,862
Transactions suspended		—		—		—		—		—		401		401
Total net investment in leases	$	2,435	$	3,752	$	9,703	$	3,355	$	6,898	$	3,849	$	29,992
(In thousands of U.S. Dollars)	By Origination Year
As of December 31, 2022	2022		2021		2020		2019		2018		Prior		Total
Net investment in leases:
Credit quality classification:
In good standing	$	4,148	$	6,969	$	2,494	$	1,977	$	—	$	1,016	$	16,604
Credit Watch		—		—		—		—		—		—		—
Pre-approved transactions		—		3,089		1,162		5,401		2,451		—		12,103
Transactions suspended		—		—		—		—		—		401		401
Total net investment in leases	$	4,148	$	10,058	$	3,656	$	7,378	$	2,451	$	1,417	$	29,108

Schedule of Financed Sales Receivables by Credit Quality Indicator

The tables below provide information on the Company’s financed sales receivables by credit quality indicator as of December 31, 2023 and 2022. The amounts disclosed for each credit quality classification are determined on a customer-by-customer basis and include both billed and unbilled amounts.

(In thousands of U.S. Dollars)	By Origination Year
As of December 31, 2023	2023		2022		2021		2020		2019		Prior		Total
Financed sales receivables:
Credit quality classification:
In good standing	$	6,660	$	5,921	$	5,961	$	5,415	$	8,058	$	44,870	$	76,885
Credit Watch		—		30		—		—		317		796		1,143
Pre-approved transactions		607		313		2,619		1,455		2,084		8,508		15,586
Transactions suspended		—		—		728		345		1,546		10,999		13,618
Total financed sales receivables	$	7,267	$	6,264	$	9,308	$	7,215	$	12,005	$	65,173	$	107,232
(In thousands of U.S. Dollars)	By Origination Year
As of December 31, 2022	2022		2021		2020		2019		2018		Prior		Total
Financed sales receivables:
Credit quality classification:
In good standing	$	10,252	$	8,643	$	6,280	$	8,541	$	9,854	$	39,912	$	83,482
Credit Watch		—		—		—		—		—		1,152		1,152
Pre-approved transactions		—		2,318		1,399		1,134		1,449		9,243		15,543
Transactions suspended		272		664		142		1,269		1,197		8,276		11,820
Total financed sales receivables	$	10,524	$	11,625	$	7,821	$	10,944	$	12,500	$	58,583	$	111,997

Schedule of Aging Analysis for Net Investment in Leases and Financed Sales Receivables

The following tables provide an aging analysis for the Company’s net investment in leases and financed sales receivables as of December 31, 2023 and 2022:

	As of December 31, 2023
(In thousands of U.S. Dollars)	Accrued and Current		30-89 Days		90+ Days		Billed		Unbilled		Recorded Receivable		Allowance for Credit Losses			Net
Net investment in leases	$	293	$	212	$	4,598	$	5,103	$	24,889	$	29,992	$	(453	)	$	29,539
Financed sales receivables		1,535		1,196		10,704		13,435		93,797		107,232		(9,617	)		97,615
Total	$	1,828	$	1,408	$	15,302	$	18,538	$	118,686	$	137,224	$	(10,070	)	$	127,154
	As of December 31, 2022
(In thousands of U.S. Dollars)	Accrued and Current		30-89 Days		90+ Days		Billed		Unbilled		Recorded Receivable		Allowance for Credit Losses			Net
Net investment in leases	$	237	$	216	$	2,593	$	3,046	$	26,062	$	29,108	$	(776	)	$	28,332
Financed sales receivables		2,269		1,307		12,793		16,369		95,628		111,997		(10,945	)		101,052
Total	$	2,506	$	1,523	$	15,386	$	19,415	$	121,690	$	141,105	$	(11,721	)	$	129,384

Schedule of Net Investment in Leases and Financed Sales Receivables with Billed Amounts Past Due Continues to Accrue Finance Income

The following tables provide information about the Company’s net investment in leases and financed sales receivables with billed amounts past due for which it continues to accrue finance income as of December 31, 2023 and 2022. The amounts disclosed for each credit quality classification are determined on a customer-by-customer basis and include both billed and unbilled amounts.

	As of December 31, 2023
(In thousands of U.S. Dollars)	Accrued and Current		30-89 Days		90+ Days		Billed		Unbilled		Allowance for Credit Losses			Net
Net investment in leases	$	259	$	212	$	4,598	$	5,069	$	22,651	$	(9	)	$	27,711
Financed sales receivables		798		782		10,517		12,097		33,552		(1,198	)		44,451
Total	$	1,057	$	994	$	15,115	$	17,166	$	56,203	$	(1,207	)	$	72,162
	As of December 31, 2022
(In thousands of U.S. Dollars)	Accrued and Current		30-89 Days		90+ Days		Billed		Unbilled		Allowance for Credit Losses			Net
Net investment in leases	$	190	$	181	$	2,593	$	2,964	$	17,070	$	(230	)	$	19,804
Financed sales receivables		1,550		1,115		10,814		13,479		43,172		(1,587	)		55,064
Total	$	1,740	$	1,296	$	13,407	$	16,443	$	60,242	$	(1,817	)	$	74,868

Schedule of Net Investment in Leases and Financed Sales Receivables on Nonaccrual Status

The following table provides information about the Company’s net investment in leases and financed sales receivables that are on nonaccrual status as of December 31, 2023 and 2022:

	As of December 31, 2023							As of December 31, 2022
(In thousands of U.S. Dollars)	Recorded Receivable		Allowance for Credit Losses			Net		Recorded Receivable		Allowance for Credit Losses			Net
Net investment in leases	$	401	$	(401	)	$	—	$	401	$	(401	)	$	—
Net financed sales receivables		29,204		(8,884	)		20,320		27,364		(9,589	)		17,775
Total	$	29,605	$	(9,285	)	$	20,320	$	27,765	$	(9,990	)	$	17,775

Summary of Allowance for Credit Losses Related to Net Investment in Leases and Financed Sales Receivables

The following tables summarize the activity in the allowance for credit losses related to the Company’s net investment in leases and financed sales receivables for years ended December 31, 2023 and 2022:

	Year Ended December 31, 2023
	Net Investment			Financed
(In thousands of U.S. Dollars)	in Leases			Sales Receivables
Beginning balance	$	776		$	10,945
Current period reversal, net		(61	)		(1,644	)
Foreign exchange		(262	)		316
Ending balance	$	453		$	9,617
	Year Ended December 31, 2022
	Net Investment			Net Financed
(In thousands of U.S. Dollars)	in Leases			Sales Receivables
Beginning balance	$	798		$	5,414
Current period provision, net		5			5,783
Foreign exchange		(27	)		(252	)
Ending balance	$	776		$	10,945

Summary of Allowance For Credit Losses Related to Variable Consideration Receivables

The following table summarizes the activity in the Allowance for Credit Losses related to Variable Consideration Receivables for the years ended December 31, 2023 and 2022:

	Year Ended December 31,
(In thousands of U.S. Dollars)	2023			2022
Beginning balance	$	610		$	1,082
Current period provision (reversal), net		35			(440	)
Foreign Exchange		(12	)		(32	)
Ending balance	$	633		$	610