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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities      
Net income (loss) $ 33,066 $ (19,877) $ (9,577)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 60,022 56,661 56,082
Amortization of deferred financing costs 2,235 3,177 2,513
Credit loss expense (reversal), net 1,759 8,547 (3,951)
Write-downs, including asset impairments 1,884 7,176 1,764
Deferred income tax (benefit) expense (1,447) (2,073) 2,996
Share-based and other non-cash compensation 24,230 27,573 26,079
Unrealized foreign currency exchange (gain) loss (212) 1,108 256
Realized and unrealized investment gain (465) (70) (5,340)
Changes in assets and liabilities:      
Accounts receivable (1,907) (29,003) (52,453)
Inventories (285) (5,529) 11,451
Film assets (20,394) (19,598) (14,810)
Deferred revenue (3,882) (11,572) (6,591)
Changes in other operating assets and liabilities (35,989) 801 (2,354)
Net cash provided by operating activities 58,615 17,321 6,065
Investing Activities      
Purchase of property, plant and equipment (6,491) (8,424) (3,590)
Investment in equipment for joint revenue sharing arrangements (18,000) (19,803) (10,094)
Interest in film classified as a financial instrument   (4,731)  
Acquisition of other intangible assets (8,344) (4,394) (4,092)
Proceeds from sale of equity securities 1,045   17,769
Acquisition of SSIMWAVE Inc., net of cash and cash equivalents acquired   (15,939)  
Net cash used in investing activities (31,790) (53,291) (7)
Financing Activities      
Proceeds from issuance of convertible notes, net     223,675
Debt issuance costs related to convertible notes     (1,161)
Purchase of capped calls related to convertible notes     (19,067)
Proceeds from revolving credit facility borrowings 39,717 37,871 3,600
Repayments of revolving credit facility borrowings (53,248) (3,600) (307,609)
Proceeds from other borrowings 322    
Repayment of other borrowings (53)    
Credit facility amendment fees paid (46) (2,279) (527)
Taxes withheld and paid on employee stock awards vested (6,466) (3,687) (3,660)
Common shares issued - stock options exercised     883
Principal payment under finance lease obligations (480) (948)  
Dividends paid to non-controlling interests (1,438) (2,704) (4,889)
Net cash used in financing activities (48,530) (58,514) (132,720)
Effects of exchange rate changes on cash 504 2,174 (1,006)
Decrease in cash and cash equivalents during year (21,201) (92,310) (127,668)
Cash and cash equivalents, beginning of year 97,401 189,711 317,379
Cash and cash equivalents, end of year 76,200 97,401 189,711
IMAX Corporation      
Financing Activities      
Repurchase of common shares (26,823) (80,124) (13,905)
IMAX China      
Financing Activities      
Repurchase of common shares $ (15) $ (3,043) $ (10,060)