Regal Entertainment 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 02, 2017
Document Information [Line Items]
Entity Registrant Name	REGAL ENTERTAINMENT GROUP
Entity Central Index Key	1,168,696
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		133,324,481
Class B
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		23,708,639

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 235.5	$ 246.5
Trade and other receivables, net	75.1	155.1
Income tax receivable	20	0
Inventories	24.4	20.9
Prepaid expenses and other current assets	30.7	23.4
Assets held for sale	0.8	1
TOTAL CURRENT ASSETS	386.5	446.9
PROPERTY AND EQUIPMENT:
Land	159	131.2
Buildings and leasehold improvements	2,440.7	2,319.7
Equipment	1,119.3	1,065.7
Construction in progress	17.5	20.2
Total property and equipment	3,736.5	3,536.8
Accumulated depreciation and amortization	(2,237.2)	(2,146.7)
TOTAL PROPERTY AND EQUIPMENT, NET	1,499.3	1,390.1
GOODWILL	353.6	327
INTANGIBLE ASSETS, NET	47.2	46
DEFERRED INCOME TAX ASSET	63.5	56.3
OTHER NON-CURRENT ASSETS	398.3	379.4
TOTAL ASSETS	2,748.4	2,645.7
CURRENT LIABILITIES:
Current portion of debt obligations	26.8	25.5
Accounts payable	122.3	194.8
Accrued expenses	81.1	70.7
Deferred revenue	184.6	192.7
Interest payable	19.9	19.9
Income taxes payable	0	6.4
TOTAL CURRENT LIABILITIES	434.7	510
LONG-TERM DEBT, LESS CURRENT PORTION	2,343.6	2,197.1
LEASE FINANCING ARRANGEMENTS, LESS CURRENT PORTION	81.4	84.8
CAPITAL LEASE OBLIGATIONS, LESS CURRENT PORTION	6.8	6.9
NON-CURRENT DEFERRED REVENUE	411.5	412.3
OTHER NON-CURRENT LIABILITIES	305.4	273.5
TOTAL LIABILITIES	3,583.4	3,484.6
COMMITMENTS AND CONTINGENCIES
DEFICIT:
Preferred stock, $0.001 par value; 50,000,000 shares authorized, none issued and outstanding	0	0
Additional paid-in capital (deficit)	(933.8)	(934.4)
Retained earnings	99.2	96.5
Accumulated other comprehensive loss, net	(0.6)	(1.3)
TOTAL STOCKHOLDERS’ DEFICIT OF REGAL ENTERTAINMENT GROUP	(835.1)	(839.1)
Noncontrolling interest	0.1	0.2
TOTAL DEFICIT	(835)	(838.9)
TOTAL LIABILITIES AND DEFICIT	2,748.4	2,645.7
Class A
DEFICIT:
Common stock	0.1	0.1
Class B
DEFICIT:
Common stock	$ 0	$ 0

UNAUDITED CONDENSED CONSOLIDAT3

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016	May 31, 2002
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Class A
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, share issued (in shares)	133,324,481	133,080,279	18,000,000
Common stock, shares outstanding (in shares)	133,324,481	133,080,279
Class B
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, share issued (in shares)	23,708,639	23,708,639
Common stock, shares outstanding (in shares)	23,708,639	23,708,639

UNAUDITED CONDENSED CONSOLIDAT4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
REVENUES:
Admissions	$ 481.2	$ 505.8	$ 1,014.4	$ 1,021.5
Concessions	231.4	235.5	470.9	465.6
Other operating revenues	51.6	44.6	100.1	85.9
TOTAL REVENUES	764.2	785.9	1,585.4	1,573
OPERATING EXPENSES:
Film rental and advertising costs	258.5	278.9	541.6	556.4
Cost of concessions	30.6	30	61.4	58.8
Rent expense	106	106.3	212.2	213.8
Other operating expenses	222.8	214.8	438.5	426.3
General and administrative expenses (including share-based compensation of $2.3 for the quarters ended June 30, 2017 and 2016, and $4.5 and $4.1 for the two quarters ended June 30, 2017 and 2016, respectively)	23.2	20.9	45.5	42.1
Depreciation and amortization	62.9	56.9	123.8	112.6
Net loss on disposal and impairment of operating assets and other	1.2	1.5	3.9	5.8
TOTAL OPERATING EXPENSES	705.2	709.3	1,426.9	1,415.8
INCOME FROM OPERATIONS	59	76.6	158.5	157.2
OTHER EXPENSE (INCOME):
Interest expense, net	31.1	32.3	61.8	64.8
Loss on extinguishment of debt	1.3	1.5	1.3	1.5
Earnings recognized from NCM	(6.6)	(2.9)	(8.6)	(15.2)
Equity in income of non-consolidated entities and other, net	(8.4)	(10.4)	(16.7)	(20.4)
TOTAL OTHER EXPENSE, NET	17.4	20.5	37.8	30.7
INCOME BEFORE INCOME TAXES	41.6	56.1	120.7	126.5
PROVISION FOR INCOME TAXES	18	22.5	48.7	52.2
NET INCOME	23.6	33.6	72	74.3
NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST, NET OF TAX	0	(0.1)		(0.1)
NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST	$ 23.6	$ 33.5	$ 72	$ 74.2
EARNINGS PER SHARE OF CLASS A AND CLASS B COMMON STOCK (NOTE 9):
Basic (in dollars per share)	$ 0.15	$ 0.21	$ 0.46	$ 0.48
Diluted (in dollars per share)	$ 0.15	$ 0.21	$ 0.46	$ 0.47
AVERAGE SHARES OUTSTANDING
Basic (in shares)	156,348	156,025	156,321	156,025
Diluted (in shares)	156,945	156,722	156,992	156,751
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$ 0.22	$ 0.22	$ 0.44	$ 0.44

UNAUDITED CONDENSED CONSOLIDAT5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Share-based compensation expense	$ 2.3	$ 2.3	$ 4.5	$ 4.1

UNAUDITED CONDENSED CONSOLIDAT6

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 23.6	$ 33.6	$ 72	$ 74.3
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Change in fair value of interest rate swap transactions	(0.3)	(0.8)	(0.5)	(2.1)
Amounts reclassified to net income from interest rate swaps	0.6	1	1.2	2
Reclassification adjustment for gain on sale of available for sale securities recognized in net income	0	0	0	(0.5)
Change in fair value of equity method investee interest rate swaps	(0.1)	(0.1)	0	(0.7)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	0.2	0.1	0.7	(1.3)
TOTAL COMPREHENSIVE INCOME, NET OF TAX	23.8	33.7	72.7	73
Comprehensive (income) loss attributable to noncontrolling interest, net of tax	0	(0.1)	0	(0.1)
COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST, NET OF TAX	$ 23.8	$ 33.6	$ 72.7	$ 72.9

UNAUDITED CONDENSED CONSOLIDAT7

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 72	$ 74.3
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	123.8	112.6
Amortization of debt discount	0.1	0.2
Amortization of debt acquisition costs	2.3	2.3
Share-based compensation expense	4.5	4.1
Deferred income tax benefit	(7.7)	(4.6)
Net loss on disposal and impairment of operating assets and other	3.9	5.8
Equity in income of non-consolidated entities	(11.5)	(21.2)
Loss on extinguishment of debt	1.3	1.5
Gain on sale of available for sale securities	0	(1)
Non-cash (gain) loss on interest rate swaps	(0.2)	0.1
Non-cash rent income	(3.6)	(3.2)
Cash distributions on investments in other non-consolidated entities	8.4	0
Excess cash distribution on NCM shares	9.4	8.7
Landlord contributions	49.9	43.8
Proceeds from litigation settlement	1.9	0.5
Changes in operating assets and liabilities, net of effects of acquisitions:
Trade and other receivables	61.6	101.2
Inventories	(2.8)	(0.1)
Prepaid expenses and other assets	(12.1)	(8.4)
Accounts payable	(64.9)	(40.2)
Income taxes payable	(6.4)	0.1
Deferred revenue	(15.1)	(15.2)
Accrued expenses and other liabilities	(7)	(22.5)
NET CASH PROVIDED BY OPERATING ACTIVITIES	207.8	238.8
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(104.3)	(89.4)
Proceeds from disposition of assets	4.6	1.3
Investment in non-consolidated entities	(10.7)	(4.7)
Net cash used for acquisitions	(171.6)	0
Change in other long-term assets	(3.1)	0
Proceeds from sale of available for sale securities	0	3.6
NET CASH USED IN INVESTING ACTIVITIES	(285.1)	(89.2)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash used to pay dividends	(69.8)	(69.9)
Payments on long-term obligations	(9.3)	(10)
Landlord contributions received from lease financing arrangements	2.5	3.3
Cash paid for tax withholdings and other	(3.7)	(3.2)
Proceeds from Amended Senior Credit Facility	1,103.7	958.5
Payoff of Amended Senior Credit Facility	(953.7)	(958.5)
Payment of debt acquisition costs	(3.4)	(1.3)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	66.3	(81.1)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(11)	68.5
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	246.5	219.6
CASH AND CASH EQUIVALENTS AT END OF PERIOD	235.5	288.1
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes	81.9	52.7
Cash paid for interest, net of amounts capitalized	60.2	62.7
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:
Investment in NCM	6.3	9.9
Increase in property and equipment and other from lease financing arrangements	$ 3.2	$ 8.9

THE COMPANY AND BASIS OF PRESEN

THE COMPANY AND BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
THE COMPANY AND BASIS OF PRESENTATION	THE COMPANY AND BASIS OF PRESENTATION Regal Entertainment Group (the "Company," "Regal," "we" or "us") is the parent company of Regal Entertainment Holdings, Inc. ("REH"), which is the parent company of Regal Cinemas Corporation ("Regal Cinemas") and its subsidiaries. Regal Cinemas’ subsidiaries include Regal Cinemas, Inc. ("RCI") and its subsidiaries, which include Edwards Theatres, Inc. ("Edwards") and United Artists Theatre Company ("United Artists"). The terms Regal or the Company, REH, Regal Cinemas, RCI, Edwards and United Artists shall be deemed to include the respective subsidiaries of such entities when used in discussions included herein regarding the current operations or assets of such entities. Majority-owned subsidiaries that the Company controls are consolidated, while those affiliates of which the Company owns between 20% and 50% and does not control are accounted for under the equity method. Those affiliates of which the Company owns less than 20% are generally accounted for under the cost method, unless the Company is deemed to have the ability to exercise significant influence over the affiliate, in which case the Company would account for its investment under the equity method. The results of these subsidiaries and affiliates are included in the unaudited condensed consolidated financial statements effective with their formation or from their dates of acquisition. Intercompany balances and transactions are eliminated in consolidation. Regal operates one of the largest and most geographically diverse theatre circuits in the United States, consisting of 7,379 screens in 566 theatres in 43 states along with Guam, Saipan, American Samoa and the District of Columbia as of June 30, 2017 . For a discussion of significant transactions that have occurred through December 31, 2016 , please refer to the notes to the consolidated financial statements included in Part II, Item 8 of our annual report on Form 10-K filed on February 27, 2017 with the Securities and Exchange Commission (the "Commission") (File No. 001-31315) for the fiscal year ended December 31, 2016 (the " 2016 Audited Consolidated Financial Statements"). For a summary of our significant accounting policies, please refer to Note 2 to the 2016 Audited Consolidated Financial Statements. The Company has prepared the unaudited condensed consolidated balance sheet as of June 30, 2017 , the unaudited condensed consolidated statements of income and comprehensive income for the quarters and two quarters ended June 30, 2017 and June 30, 2016 , and the unaudited condensed consolidated statements of cash flows for the two quarters ended June 30, 2017 and June 30, 2016 in accordance with U.S. generally accepted accounting principles for interim financial information and the rules and regulations of the Commission. Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from these estimates. The December 31, 2016 unaudited condensed consolidated balance sheet information is derived from the 2016 Audited Consolidated Financial Statements. These unaudited condensed consolidated financial statements should be read in conjunction with the 2016 Audited Consolidated Financial Statements and notes thereto. The results of operations for the quarter and two quarters ended June 30, 2017 are not necessarily indicative of the operating results that may be achieved for the full 2017 year. Certain amounts in prior periods have been reclassified to conform with the current year presentation.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS On April 13, 2017, the Company completed the acquisition of two theatres with 41 screens located in Houston, Texas from Santikos Theaters, Inc. for an aggregate net cash purchase price of $29.8 million . In addition, on April 18, 2017, the Company purchased a parcel of land located in Montgomery County, Texas from an entity affiliated with Santikos Theaters, Inc. for a net cash purchase price, before post-closing adjustments, of approximately $7.3 million . On May 18, 2017, the Company completed the acquisition of seven theatres with 93 screens located in Kansas and Oklahoma from Warren Theatres for an aggregate net cash purchase price, before post-closing adjustments, of $134.5 million . The Company incurred approximately $1.0 million in transaction costs, which are reflected in "general and administrative expenses" in the accompanying unaudited condensed consolidated statements of income for the quarter and two quarters ended June 30, 2017. The transactions have been accounted for using the acquisition method of accounting in accordance with Accounting Standards Codification ("ASC") 805, Business Combinations , which requires allocation of the purchase price to the estimated fair values of assets and liabilities acquired in each transaction. The results of operations of the acquired theatre operations have been included in the Company's consolidated financial statements for periods subsequent to the respective acquisition dates. The allocation of purchase price is based on management’s judgment after evaluating several factors, including preliminary valuation assessments. Because the values assigned to assets acquired and liabilities assumed are based on preliminary estimates of fair value available as of the date of this quarterly report on Form 10-Q, amounts may be adjusted during the measurement period of up to twelve months from the respective dates of acquisition as further information becomes available. Any changes in the fair values of assets acquired and liabilities assumed during the measurement period may result in adjustments to goodwill. The allocation of purchase price is preliminary and subject to changes as appraisals of tangible and intangible assets and liabilities including working capital are finalized, purchase price adjustments are completed and additional information regarding the tax bases of assets and liabilities at the acquisition date becomes available. The following is a summary of a preliminary allocation of the aggregate purchase price to the estimated fair values of the assets acquired and liabilities assumed at the respective dates of acquisition (in millions): Current assets $ 2.0 Land 28.8 Buildings, equipment and leasehold improvements 115.4 Noncompete agreements 3.0 Goodwill 26.6 Current liabilities (4.1 ) Other liabilities (0.1 ) Total purchase price $ 171.6 Goodwill represents the excess aggregate purchase price over the amounts assigned to assets acquired, including intangible assets, and liabilities assumed and is fully deductible for tax purposes. The following unaudited pro forma results of operations for the quarters and two quarters ended June 30, 2017 and June 30, 2016 assume the above acquisitions occurred as of the beginning of fiscal 2016. The pro forma results have been prepared for comparative purposes only and do not purport to indicate the results of operations which would actually have occurred had the combination been in effect on the dates indicated, or which may occur in the future. Quarter Ended Quarter Ended Two Quarters Ended Two Quarters Ended Revenues $ 772.7 $ 811.0 $ 1,618.4 $ 1,622.4 Income from operations 58.5 77.4 159.0 159.0 Net income attributable to controlling interest 23.0 33.8 72.3 75.3

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2017
Investments [Abstract]
INVESTMENTS	INVESTMENTS Investment in National CineMedia, LLC We maintain an investment in National CineMedia, LLC ("National CineMedia" or "NCM"). National CineMedia provides in-theatre advertising for its theatrical exhibition partners, which include us, AMC Entertainment, Inc. ("AMC") and Cinemark, Inc. ("Cinemark"). The formation of National CineMedia, related IPO of National CineMedia, Inc. ("NCM, Inc.") and other related transactions are further described in Note 4 to the 2016 Audited Consolidated Financial Statements. We account for our investment in National CineMedia following the equity method of accounting and such investment is included as a component of "Other Non-Current Assets" in the accompanying unaudited condensed consolidated balance sheets. From time to time, the Company receives additional newly issued common units of National CineMedia ("Additional Investments Tranche") as a result of the adjustment provisions of the Common Unit Adjustment Agreement (as defined and more fully discussed in Note 4 to the 2016 Audited Consolidated Financial Statements). The Company follows the guidance in ASC 323-10-35-29 (formerly EITF 02-18, Accounting for Subsequent Investments in an Investee after Suspension of Equity Loss Recognition ) by analogy, which also refers to AICPA Technical Practice Aid 2220.14, which indicates that if a subsequent investment is made in an equity method investee that has experienced significant losses, the investor must determine if the subsequent investment constitutes funding of prior losses. The Company concluded that the construction or acquisition of new theatres that has led to the common unit adjustments included in its Additional Investments Tranche equates to making additional investments in National CineMedia. The Company evaluated the receipt of the additional common units in National CineMedia and the assets exchanged for these additional units and has determined that the right to use its incremental new screens would not be considered funding of prior losses. As such, the Additional Investments Tranche is accounted for separately from the Company’s Initial Investment Tranche (as defined and described more fully in Note 4 to the 2016 Audited Consolidated Financial Statements) following the equity method with undistributed equity earnings included as a component of "Earnings recognized from NCM" in the accompanying unaudited condensed consolidated financial statements. Below is a summary of activity with National CineMedia included in the Company’s unaudited condensed consolidated financial statements as of and for the two quarters ended June 30, 2017 (in millions): As of the period ended For the period ended Investment in NCM Deferred Revenue Cash Received Earnings recognized from NCM Other NCM Revenues Balance as of and for the period ended December 31, 2016 $ 162.0 $ (425.0 ) $ — $ — $ — Receipt of additional common units(1) 6.3 (6.3 ) — — — Receipt of excess cash distributions(2) (6.3 ) — 15.5 (9.2 ) — Receipt under tax receivable agreement(2) (3.1 ) — 7.6 (4.5 ) — Revenues earned under ESA(3) — — 8.6 — (8.6 ) Amortization of deferred revenue(4) — 6.3 — — (6.3 ) Equity income attributable to additional common units(5) 0.5 — — (0.5 ) — Change in interest loss(6) (5.6 ) — — 5.6 — Balance as of and for the period ended June 30, 2017 $ 153.8 $ (425.0 ) $ 31.7 $ (8.6 ) $ (14.9 ) ________________________________ (1) On March 16, 2017, we received from National CineMedia approximately 0.5 million newly issued common units of National CineMedia in accordance with the annual adjustment provisions of the Common Unit Adjustment Agreement. The Company recorded the additional common units (Additional Investments Tranche) at fair value using the available closing stock price of NCM, Inc. as of the date on which the units were issued. With respect to the common units issued on March 16, 2017, the Company recorded an increase to its investment in National CineMedia of $6.3 million with a corresponding increase to deferred revenue. Such deferred revenue amount is being amortized to advertising revenue over the remaining term of the exhibitor services agreement, between RCI and National CineMedia ("ESA"), following the units of revenue method as described in (4) below. This transaction increased our ownership share in National CineMedia to approximately 27.6 million common units. On a fully diluted basis, we own a 17.9% interest in NCM, Inc. as of June 30, 2017 . (2) During the two quarters ended June 30, 2017 , the Company received $23.1 million in cash distributions from National CineMedia, exclusive of receipts for services performed under the ESA (including payments of $7.6 million received under the tax receivable agreement described in Note 4 to the 2016 Audited Consolidated Financial Statements of the Company). Approximately $9.4 million of these cash distributions received during the two quarters ended June 30, 2017 were attributable to the Additional Investments Tranche and were recognized as a reduction in our investment in National CineMedia. The remaining amounts were recognized in equity earnings during the period and have been included as components of "Earnings recognized from NCM" in the accompanying unaudited condensed consolidated financial statements. (3) The Company recorded other revenues, excluding the amortization of deferred revenue, of approximately $8.6 million for the two quarters ended June 30, 2017 pertaining to our agreements with National CineMedia, including per patron and per digital screen theatre access fees (net of payments of $6.4 million for the two quarters ended June 30, 2017 for on-screen advertising time provided to our beverage concessionaire) and other NCM revenues. These advertising revenues are presented as a component of "Other operating revenues" in the Company’s unaudited condensed consolidated financial statements. (4) Amounts represent amortization of ESA modification fees received from NCM to advertising revenue utilizing the units of revenue amortization method. These advertising revenues are presented as a component of "Other operating revenues" in the Company’s unaudited condensed consolidated financial statements. (5) Amounts represent the Company’s share in the net gain (loss) of National CineMedia with respect to the Additional Investments Tranche. Such amounts have been included as a component of "Earnings recognized from NCM" in the unaudited condensed consolidated financial statements. (6) The Company recorded a non-cash change in interest loss of $5.6 million during the quarter ended March 31, 2017 to adjust the Company's investment balance due to NCM's issuance of common units to other founding members, at a price per share below the Company's average carrying amount per share. Such amount has been included as a component of "Earnings recognized from NCM" in the unaudited condensed consolidated financial statements. As of June 30, 2017 , approximately $2.9 million and $1.4 million due from/to National CineMedia were included in "Trade and other receivables, net" and "Accounts payable," respectively. As of December 31, 2016 , approximately $2.8 million and $1.3 million due from/to National CineMedia were included in "Trade and other receivables, net" and "Accounts payable," respectively. As of the date of this quarterly report on Form 10-Q (this "Form 10-Q"), no summarized financial information for National CineMedia was available for the quarterly period ended June 30, 2017 . Summarized unaudited consolidated statements of income information for National CineMedia for the quarters ended March 30, 2017 and March 31, 2016 is as follows (in millions): Quarter Ended Quarter Ended Revenues $ 71.9 $ 76.2 Income from operations 5.1 5.8 Net loss (7.9 ) (7.5 ) Investment in Digital Cinema Implementation Partners We maintain an investment in Digital Cinema Implementation Partners, LLC, a Delaware limited liability company ("DCIP"). DCIP is a joint venture company formed by Regal, AMC and Cinemark. DCIP funds the cost of digital projection equipment principally through the collection of virtual print fees from motion picture studios and equipment lease payments from participating exhibitors, including us. In addition to its U.S. digital deployment, DCIP actively manages the deployment of over 1,800 digital systems in Canada for Canadian Digital Cinema Partnership, a joint venture between Cineplex Inc. and Empire Theatres Limited. Regal holds a 46.7% economic interest in DCIP as of June 30, 2017 and a one-third voting interest along with each of AMC and Cinemark. Since the Company does not have a controlling financial interest in DCIP or any of its subsidiaries, it accounts for its investment in DCIP under the equity method of accounting. The Company’s investment in DCIP is included as a component of "Other Non-Current Assets" in the accompanying unaudited condensed consolidated balance sheets. The change in the carrying amount of our investment in DCIP for the two quarters ended June 30, 2017 is as follows (in millions): Balance as of December 31, 2016 $ 193.2 Equity contributions — Equity in earnings of DCIP(1) 23.2 Receipt of cash distributions (8.4 ) Change in fair value of equity method investee interest rate swap transactions 0.1 Balance as of June 30, 2017 $ 208.1 ________________________________ (1) Represents the Company’s share of the net income of DCIP. Such amount is presented as a component of “Equity in income of non-consolidated entities and other, net” in the accompanying unaudited condensed consolidated statement of income. In accordance with the master equipment lease agreement (the "Master Lease"), the digital projection systems are leased from a subsidiary of DCIP under a twelve -year term with ten one-year fair value renewal options. The Master Lease also contains a fair value purchase option. As of June 30, 2017 , under the Master Lease, the Company pays annual minimum rent of $1,000 per digital projection system through the end of the lease term. The Company considers the $1,000 rent payment to be a minimum rental, and accordingly, records such rent on a straight-line basis in its consolidated financial statements. The Company is also subject to various types of other rent if such digital projection systems do not meet minimum performance requirements, as outlined in the Master Lease. Certain of the other rent payments are subject to either a monthly or an annual maximum. The Company accounts for the Master Lease as an operating lease for accounting purposes. During the two quarters ended June 30, 2017 and June 30, 2016 , the Company incurred total rent expense of approximately $3.0 million and $2.7 million , respectively, associated with the leased digital projection systems. Such rent expense is presented as a component of "Other operating expenses" in the Company's unaudited consolidated statements of income. Summarized unaudited consolidated statements of operations information for DCIP for the quarters and two quarters ended June 30, 2017 and June 30, 2016 is as follows (in millions): Quarter Ended Quarter Ended Two Quarters Ended Two Quarters Ended Net revenues $ 47.1 $ 44.8 $ 92.6 $ 85.4 Income from operations 29.9 27.8 57.9 51.2 Net income 25.6 22.3 49.8 40.8 Investment in Open Road Films We maintain an investment in Open Road Films, a film distribution company jointly owned by us and AMC. We account for our investment in Open Road Films using the equity method of accounting. During the two quarters ended June 30, 2017, the Company effected equity contributions of approximately $1.7 million to Open Road Films, and as of June 30, 2017, the Company had funded all of its $30.0 million capital commitment (described further in Note 4 to the 2016 Audited Consolidated Financial Statements). In addition, during the two quarters ended June 30, 2017, the Company recorded equity losses in Open Road Films totaling approximately $8.3 million related to two advances (including a short-term film rental advance of $5.0 million ) and a guarantee of certain short-term obligations of Open Road Films. As of June 30, 2017, consistent with the accounting model provided by ASC 323-10-35-22, the Company continued to suspend equity method accounting for its investment in Open Road Films, as the Company had funded its $30.0 million capital commitment and had no commitment to provide further financial support for Open Road Films. As of June 30, 2017, the Company has recognized cumulative losses in Open Road Films equal to the financial support committed to as of such date. The amount of excess losses incurred through June 30, 2017 continued to be in excess of the Company's financial commitment by approximately $42.7 million . The Company’s investment in Open Road Films is included as a component of "Other Non-Current Liabilities" in the accompanying unaudited condensed consolidated balance sheets. The change in the carrying amount of our investment in Open Road Films for the two quarters ended June 30, 2017 is as follows (in millions): Balance as of December 31, 2016 $ (1.7 ) Equity contributions and advances 6.7 Equity losses attributable to Open Road Films (8.3 ) Balance as of June 30, 2017 $ (3.3 ) Summarized unaudited consolidated statements of operations information for Open Road Films for the quarters and two quarters ended June 30, 2017 and June 30, 2016 is as follows (in millions): Quarter Ended Quarter Ended Two Quarters Ended Two Quarters Ended Revenues $ 18.8 $ 43.4 $ 78.3 $ 79.0 Income (loss) from operations (0.1 ) 2.2 (1.7 ) (23.1 ) Net income (loss) (1.3 ) 1.0 (3.9 ) (25.3 ) As of June 30, 2017 , approximately $3.4 million due from Open Road Films was included in "Trade and other receivables, net." As of December 31, 2016, approximately $4.2 million and $2.1 million due from/to Open Road Films were included in "Trade and other receivables, net" and "Accounts payable," respectively. See Note 14—"Subsequent Events" for a recent development regarding the Company's investment in Open Road Films.

DEBT OBLIGATIONS

DEBT OBLIGATIONS	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
DEBT OBLIGATIONS	DEBT OBLIGATIONS Debt obligations at June 30, 2017 and December 31, 2016 consist of the following (in millions): June 30, 2017 December 31, 2016 Regal Cinemas Amended Senior Credit Facility, net of debt discount $ 1,102.5 $ 954.7 Regal 5 3 / 4 % Senior Notes Due 2022 775.0 775.0 Regal 5 3 / 4 % Senior Notes Due 2025 250.0 250.0 Regal 5 3 / 4 % Senior Notes Due 2023 250.0 250.0 Lease financing arrangements, weighted average interest rate of 11.23%, maturing in various installments through November 2028 94.5 97.1 Capital lease obligations, 7.8% to 10.7%, maturing in various installments through December 2030 8.1 9.2 Other 4.2 4.1 Total debt obligations 2,484.3 2,340.1 Less current portion 26.8 25.5 Less debt issuance costs, net of accumulated amortization of $19.8 and $18.5, respectively 25.7 25.8 Total debt obligations, less current portion and debt issuance costs $ 2,431.8 $ 2,288.8 Regal Cinemas Seventh Amended and Restated Credit Agreement —As described further in Note 5 to the 2016 Audited Consolidated Financial Statements, on April 2, 2015, Regal Cinemas entered into a seventh amended and restated credit agreement (the “Amended Senior Credit Facility”), with Credit Suisse AG as Administrative Agent (“Credit Suisse AG”) and the lenders party thereto, which amended, restated and refinanced the sixth amended and restated credit agreement (the “Prior Senior Credit Facility”). The Amended Senior Credit Facility consisted of a term loan facility (the “Term Facility”) in an aggregate principal amount of $965.8 million with a final maturity date in April 2022 and a revolving credit facility (the “Revolving Facility”) in an aggregate principal amount of $85.0 million with a final maturity date in April 2020. The Term Facility amortized in equal quarterly installments in an aggregate annual amount equal to 1.0% of the original principal amount of the Term Facility, with the balance payable on the Term Facility maturity date. Proceeds from the Term Facility (approximately $963.3 million , net of debt discount) were applied to refinance the term loan under the Prior Senior Credit Facility, which had an aggregate outstanding principal balance of approximately $963.2 million . On June 1, 2016, Regal Cinemas entered into a permitted secured refinancing agreement with REH, the guarantors party thereto, Credit Suisse AG and the lenders party thereto (the "June 2016 Refinancing Agreement"). Pursuant to the June 2016 Refinancing Agreement, Regal Cinemas consummated a permitted secured refinancing of the Term Facility under the Amended Senior Credit Facility, which had an aggregate principal balance of approximately $958.5 million , and in accordance therewith, received term loans in an aggregate principal amount of approximately $958.5 million with a final maturity date in April 2022. Together with other amounts provided by Regal Cinemas, proceeds of the term loans were applied to repay all of the outstanding principal and accrued and unpaid interest on the Term Facility under the Amended Senior Credit Facility. In connection with the execution of the June 2016 Refinancing Agreement, the Company recorded a loss on debt extinguishment of approximately $1.5 million during the quarter ended June 30, 2016. On December 2, 2016, Regal Cinemas entered into a permitted secured refinancing agreement (the “December 2016 Refinancing Agreement”) with REH, the guarantors party thereto, Credit Suisse AG and the lenders party thereto. Pursuant to the December 2016 Refinancing Agreement, Regal Cinemas consummated a permitted secured refinancing of the Term Facility, which had an aggregate principal balance of approximately $956.1 million , and in accordance therewith, received term loans in an aggregate principal amount of approximately $956.1 million with a final maturity date in April 2022. Together with other amounts provided by Regal Cinemas, proceeds of the term loans were applied to repay all of the outstanding principal and accrued and unpaid interest on the Term Facility under the Amended Senior Credit Facility. In connection with the execution of the December 2016 Refinancing Agreement, the Company recorded a loss on debt extinguishment of approximately $1.4 million during the quarter ended December 31, 2016. On June 6, 2017, Regal Cinemas entered into a permitted secured refinancing and incremental joinder agreement (the “June 2017 Refinancing Agreement”) with REH, the guarantors party thereto, Credit Suisse AG and the lenders party thereto. Pursuant to the June 2017 Refinancing Agreement, Regal Cinemas consummated a permitted secured refinancing of the Term Facility, which had an aggregate principal balance of approximately $953.7 million , and in accordance therewith, received term loans in an aggregate principal amount of approximately $953.7 million with a final maturity date in April 2022 (the “Refinanced Term Loans”). Together with other amounts provided by Regal Cinemas, proceeds of the Refinanced Term Loans were applied to repay all of the outstanding principal and accrued and unpaid interest on the existing term facility under the Amended Senior Credit Facility in effect immediately prior to the making of the Refinanced Term Loans. Pursuant to the June 2017 Refinancing Agreement, Regal Cinemas also exercised the “accordion” feature under the Amended Senior Credit Facility to increase the aggregate amount of term loans thereunder by $150.0 million (the “2017 Accordion”). The “accordion” feature provides Regal Cinemas with the option to borrow additional term loans under the Amended Senior Credit Facility in an amount of up to $200.0 million , plus additional amounts as would not cause the consolidated total leverage ratio to exceed 3.00 :1.00, in each case, subject to lenders providing additional commitments for such amounts and the satisfaction of certain other customary conditions. The entire $150.0 million under the 2017 Accordion was fully drawn on June 6, 2017 on the same terms as the Refinanced Term Loans (such amounts drawn, the “Incremental Term Loans”, and together with the Refinanced Term Loans, the “New Term Loans”). A portion of the proceeds of the Incremental Term Loans were used by Regal Cinemas to pay fees and expenses related to the June 2017 Refinancing Agreement, with the remainder used to partially fund the acquisitions described in Note 2—"Acquisitions." The New Term Loans amortize in equal quarterly installments in an aggregate annual amount equal to 1.0% of the original principal amount of the New Term Loans, with the balance payable on the maturity date of the New Term Loans. The June 2017 Refinancing Agreement also amends the Amended Senior Credit Facility by reducing the interest rate on the New Term Loans, by providing, at Regal Cinemas’ option, either a base rate or an adjusted LIBOR rate plus, in each case, an applicable margin. Such applicable margin will be either 1.00% in the case of base rate loans or 2.00% in the case of LIBOR rate loans. The June 2017 Refinancing Agreement also provides for a 1% prepayment premium applicable in the event that Regal Cinemas enters into a refinancing or amendment of the New Term Loans on or prior to the six-month anniversary of the closing of the June 2017 Refinancing Agreement that, in either case, has the effect of reducing the interest rate on the New Term Loans. In connection with the execution of the June 2017 Refinancing Agreement, the Company recorded a loss on debt extinguishment of approximately $1.3 million during the quarter ended June 30, 2017. No amounts have been drawn on the Revolving Facility. As of June 30, 2017 , we had approximately $2.7 million outstanding in letters of credit, leaving approximately $82.3 million available for drawing under the Revolving Facility. The obligations of Regal Cinemas are secured by, among other things, a lien on substantially all of its tangible and intangible personal property (including but not limited to accounts receivable, inventory, equipment, general intangibles, investment property, deposit and securities accounts, and intellectual property) and certain owned real property. The obligations under the Amended Senior Credit Facility are also guaranteed by certain subsidiaries of Regal Cinemas and secured by a lien on all or substantially all of such subsidiaries’ personal property and certain owned real property pursuant to that certain second amended and restated guaranty and collateral agreement, dated as of May 19, 2010, among Regal Cinemas, certain subsidiaries of Regal Cinemas party thereto and Credit Suisse AG (the “Amended Guaranty Agreement”). The obligations are further guaranteed by Regal Entertainment Holdings, Inc., on a limited recourse basis, with such guaranty being secured by a lien on the capital stock of Regal Cinemas. Borrowings under the Amended Senior Credit Facility bear interest, at Regal Cinemas’ option, at either a base rate or an adjusted LIBOR rate (as defined in the Amended Senior Credit Facility) plus, in each case, an applicable margin of 1.00% in the case of base rate loans or 2.00% in the case of LIBOR rate loans. Interest is payable (a) in the case of base rate loans, quarterly in arrears, and (b) in the case of LIBOR rate loans, at the end of each interest period, but in no event less often than every 3 months . As of June 30, 2017 and December 31, 2016 , borrowings of $1,102.5 million (net of debt discount) and $954.7 million (net of debt discount), respectively, were outstanding under the New Term Loans at an effective interest rate of 3.40% (as of June 30, 2017 ) and 3.56% (as of December 31, 2016 ), after the impact of the interest rate swaps described in Note 11—"Derivative Instruments" is taken into account. For further discussion of the Amended Senior Credit Facility, please refer to Note 5 to the 2016 Audited Consolidated Financial Statements and incorporated by reference herein. Regal 5 3 / 4 % Senior Notes Due 2022— On March 11, 2014, Regal issued $775.0 million in aggregate principal amount of its 5 3 / 4 % senior notes due 2022 (the “5 3 / 4 % Senior Notes Due 2022”) in a registered public offering. The 5 3 / 4 % Senior Notes Due 2022 bear interest at a rate of 5.75% per year, payable semiannually in arrears on March 15 and September 15 of each year, beginning September 15, 2014. The 5 3 / 4 % Senior Notes Due 2022 will mature on March 15, 2022. The 5 3 / 4 % Senior Notes Due 2022 are the Company’s senior unsecured obligations and rank equal in right of payment with all of the Company’s existing and future senior unsecured indebtedness and prior to all of the Company’s future subordinated indebtedness. The 5 3 / 4 % Senior Notes Due 2022 are effectively subordinated to all of the Company’s future secured indebtedness to the extent of the value of the collateral securing that indebtedness and structurally subordinated to all existing and future indebtedness and other liabilities of the Company’s subsidiaries. None of the Company’s subsidiaries guaranty any of the Company’s obligations with respect to the 5 3 / 4 % Senior Notes Due 2022. For further discussion of the 5 3 / 4 % Senior Notes Due 2022, please refer to Note 5 to the 2016 Audited Consolidated Financial Statements and incorporated by reference herein. Regal 5 3 / 4 % Senior Notes Due 2025— On January 17, 2013, Regal issued $250.0 million in aggregate principal amount of its 5 3 / 4 % senior notes due 2025 (the "5 3 / 4 % Senior Notes Due 2025") in a registered public offering. The 5 3 / 4 % Senior Notes Due 2025 bear interest at a rate of 5.75% per year, payable semiannually in arrears on February 1 and August 1 of each year, beginning August 1, 2013. The 5 3 / 4 % Senior Notes Due 2025 will mature on February 1, 2025. The 5 3 / 4 % Senior Notes Due 2025 are the Company's senior unsecured obligations. They rank equal in right of payment with all of the Company's existing and future senior unsecured indebtedness and prior to all of the Company's future subordinated indebtedness. The 5 3 / 4 % Senior Notes Due 2025 are effectively subordinated to all of the Company's future secured indebtedness to the extent of the value of the collateral securing that indebtedness and structurally subordinated to all existing and future indebtedness and other liabilities of the Company's subsidiaries. None of the Company's subsidiaries guaranty any of the Company's obligations with respect to the 5 3 / 4 % Senior Notes Due 2025. For further discussion of the 5 3 / 4 % Senior Notes Due 2025, please refer to Note 5 to the 2016 Audited Consolidated Financial Statements and incorporated by reference herein. Regal 5 3 / 4 % Senior Notes Due 2023— On June 13, 2013, Regal issued $250.0 million in aggregate principal amount of its 5 3 / 4 % senior notes due 2023 (the "5 3 / 4 % Senior Notes Due 2023") in a registered public offering. The 5 3 / 4 % Senior Notes Due 2023 bear interest at a rate of 5.75% per year, payable semiannually in arrears on June 15 and December 15 of each year, beginning December 15, 2013. The 5 3 / 4 % Senior Notes Due 2023 will mature on June 15, 2023. The 5 3 / 4 % Senior Notes Due 2023 are the Company’s senior unsecured obligations. They rank equal in right of payment with all of the Company’s existing and future senior unsecured indebtedness and prior to all of the Company’s future subordinated indebtedness. The 5 3 / 4 % Senior Notes Due 2023 are effectively subordinated to all of the Company’s future secured indebtedness to the extent of the value of the collateral securing that indebtedness and structurally subordinated to all existing and future indebtedness and other liabilities of the Company’s subsidiaries. None of the Company’s subsidiaries guaranty any of the Company’s obligations with respect to the 5 3 / 4 % Senior Notes Due 2023. For further discussion of the 5 3 / 4 % Senior Notes Due 2023, please refer to Note 5 to the 2016 Audited Consolidated Financial Statements and incorporated by reference herein. Lease Financing Arrangements— These obligations primarily represent lease financing obligations resulting from the requirements of ASC Subtopic 840-40. Other Long-Term Obligations— Other long-term obligations, including capital lease obligations, not explicitly discussed herein are described in Note 5 to the 2016 Audited Consolidated Financial Statements and incorporated by reference herein. Covenant Compliance— As of June 30, 2017 , we are in full compliance with all agreements, including all related covenants, governing our outstanding debt obligations.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The provision for income taxes of $18.0 million and $22.5 million for the quarters ended June 30, 2017 and June 30, 2016 , respectively, reflect effective tax rates of approximately 43.3% and 40.1% , respectively. The provision for income taxes of $48.7 million and $52.2 million for the two quarters ended June 30, 2017 and June 30, 2016 , respectively, reflect effective tax rates of approximately 40.3% and 41.3% , respectively. The increase in the effective tax rate for the quarter ended June 30, 2017 is primarily attributable to the settlement of U.S. Territory and state tax positions during the quarter. The decrease in the effective tax rate for the two quarters ended June 30, 2017 is primarily attributable to the Company’s adoption of ASU 2016-09 described further in Note 10—"Recent Accounting Pronouncements." The effective tax rates for all periods presented also reflect the impact of certain non-deductible expenses and income tax credits. In assessing the realizable value of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which these temporary differences become deductible. The Company has recorded a valuation allowance against deferred tax assets of $23.5 million and $34.5 million as of June 30, 2017 and December 31, 2016, respectively, as management believes it is more likely than not that certain deferred tax assets will not be realized in future tax periods. Future reductions in the valuation allowance associated with a change in management's determination of the Company's ability to realize these deferred tax assets will result in a decrease in the provision for income taxes. During the two quarters ended June 30, 2017 , the valuation allowance was decreased by $11.0 million related to a reduction in certain state net operating losses in connection with the settlement of state tax positions. Total unrecognized tax benefits at June 30, 2017 and December 31, 2016 were $6.2 million and $10.9 million , respectively. The total net unrecognized tax benefits that would affect the effective tax rate if recognized at June 30, 2017 and December 31, 2016 were $3.9 million and $5.4 million , respectively. The Company recognizes interest and penalties accrued related to unrecognized tax benefits as a component of income tax expense. As of June 30, 2017 and December 31, 2016, the Company has accrued gross interest and penalties of approximately $2.0 million and $1.8 million , respectively. The Company and its subsidiaries collectively file income tax returns in the U.S. federal jurisdiction and various state and U.S. territory jurisdictions. The Company is not subject to U.S. federal examinations before 2013, U.S. Territory examinations for years before 2012, and with limited exceptions, state examinations before 2012. However, the taxing authorities still have the ability to review the propriety of tax attributes created in closed tax years if such tax attributes are utilized in an open tax year. In July 2017, the Company settled an Internal Revenue Service examination of its 2014 federal income tax return. The settlement did not have a material impact on the Company’s financial statements.

CAPITAL STOCK AND SHARE-BASED C

CAPITAL STOCK AND SHARE-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2017
CAPITAL STOCK AND SHARE-BASED COMPENSATION
CAPITAL STOCK AND SHARE-BASED COMPENSATION	CAPITAL STOCK AND SHARE-BASED COMPENSATION Capital Stock As of June 30, 2017 , the Company’s authorized capital stock consisted of: • 500,000,000 shares of Class A common stock, par value $0.001 per share; • 200,000,000 shares of Class B common stock, par value $0.001 per share; and • 50,000,000 shares of preferred stock, par value $0.001 per share. Of the authorized shares of Class A common stock, 18.0 million shares were sold in connection with the Company’s initial public offering in May 2002. The Company’s Class A common stock is listed on the New York Stock Exchange under the trading symbol "RGC." As of June 30, 2017 , 133,324,481 shares of Class A common stock were outstanding. Of the authorized shares of Class B common stock, 23,708,639 shares were outstanding as of June 30, 2017 , all of which are beneficially owned by The Anschutz Corporation ("Anschutz"). Each share of Class B common stock converts into a single share of Class A common stock at the option of the holder or upon certain transfers of a holder’s Class B common stock. Each holder of Class B common stock is entitled to ten votes for each outstanding share of Class B common stock owned by that stockholder on every matter properly submitted to the stockholders for their vote. Of the authorized shares of the preferred stock, no shares were issued and outstanding as of June 30, 2017 . The Class A common stock is entitled to a single vote for each outstanding share of Class A common stock on every matter properly submitted to the stockholders for a vote. Except as required by law, the Class A and Class B common stock vote together as a single class on all matters submitted to the stockholders. The material terms and provisions of the Company's certificate of incorporation affecting the relative rights of the Class A common stock and the Class B common stock are described in Note 9 to the 2016 Audited Consolidated Financial Statements, incorporated by reference herein. As of June 30, 2017 , Anschutz owned 18,440,000 shares of our issued and outstanding Class A Common Stock, representing approximately 13.8% of our Class A common stock issued and outstanding, which together with the 23,708,639 shares of our Class B common stock owned by Anschutz, represents approximately 69.0% of the combined voting power of the outstanding shares of Class A common stock and Class B common stock as of June 30, 2017 . Warrants No warrants to acquire the Company’s Class A or Class B common stock were outstanding as of June 30, 2017 . Share-Based Compensation In 2002, the Company established the Regal Entertainment Group Stock Incentive Plan (as amended, the "Incentive Plan"), which provides for the granting of incentive stock options and non-qualified stock options to officers, employees and consultants of the Company. As described below under "Restricted Stock" and "Performance Share Units," the Incentive Plan also provides for grants of restricted stock and performance shares that are subject to restrictions and risks of forfeiture. Readers should refer to Note 9 to the 2016 Audited Consolidated Financial Statements for additional information related to these awards and the Incentive Plan. On May 9, 2012, the stockholders of Regal approved amendments to the Incentive Plan increasing the number of shares of Class A common stock authorized for issuance under the Incentive Plan by a total of 5,000,000 shares and extending the term of the Incentive Plan to May 9, 2022. As of June 30, 2017 , 3,759,579 shares remain available for future issuance under the Incentive Plan. Restricted Stock As described further in Note 9 to the 2016 Audited Consolidated Financial Statements, the Incentive Plan also provides for restricted stock awards to officers, directors and key employees. Under the Incentive Plan, shares of Class A common stock of the Company may be granted at nominal cost to officers, directors and key employees, subject to a continued employment/service restriction. On January 11, 2017, 217,366 restricted shares were granted under the Incentive Plan at nominal cost to officers, directors and key employees. These awards vest 25% at the end of each year for 4 years (in the case of officers and key employees) and vest 100% at the end of one year (in the case of directors). The closing price of the Company’s Class A common stock on the date of the grant was $22.10 per share. The Company assumed a forfeiture rate of 6% for such restricted stock awards. During the two quarters ended June 30, 2017 , the Company withheld approximately 166,081 shares of restricted stock at an aggregate cost of approximately $3.6 million , as permitted by the applicable equity award agreements, to satisfy employee tax withholding requirements related to the vesting of 491,084 restricted stock awards. In addition, during the two quarters ended June 30, 2017 , 205,677 performance shares (originally granted on January 8, 2014) were effectively converted to shares of restricted common stock, as threshold performance goals for these awards were satisfied on January 8, 2017, the calculation date. These awards are scheduled to fully vest on January 8, 2018, the one year anniversary of the calculation date. During the quarters ended June 30, 2017 and June 30, 2016 , the Company recognized approximately $1.0 million and $1.1 million , respectively, of share-based compensation expense related to restricted share grants. During the two quarters ended June 30, 2017 and June 30, 2016 , the Company recognized approximately $2.1 million and $1.9 million , respectively, of share-based compensation expense related to restricted share grants. Such expense is presented as a component of "General and administrative expenses." The compensation expense for these awards was determined based on the market price of the Company's stock at the date of grant applied to the total numbers of shares that were anticipated to fully vest. As of June 30, 2017 , we have unrecognized compensation expense of $6.8 million associated with restricted stock awards, which is expected to be recognized through January 11, 2021. The following table represents the restricted stock activity for the two quarters ended June 30, 2017 : Unvested at beginning of period 765,952 Granted during the period 217,366 Vested during the period (491,084 ) Forfeited during the period (12,760 ) Conversion of performance shares during the period 205,677 Unvested at end of period 685,151 During the two quarters ended June 30, 2017 , the Company paid two cash dividends of $0.22 on each share of outstanding restricted stock totaling approximately $0.3 million . During the two quarters ended June 30, 2016 , the Company paid two cash dividends of $0.22 on each share of outstanding restricted stock totaling approximately $0.4 million . Performance Share Units The Incentive Plan also provides for grants in the form of performance share units to officers, directors and key employees. Performance share agreements are entered into between the Company and each grantee of performance share units. In 2009, the Company adopted an amended and restated form of performance share agreement (each, a "Performance Agreement" and collectively, the "Performance Agreements"). Pursuant to the terms and conditions of the Performance Agreements, grantees will be issued shares of restricted common stock of the Company in an amount determined by the attainment of Company performance criteria set forth in each Performance Agreement. The shares of restricted common stock received upon attainment of the performance criteria will be subject to further vesting over a period of time, provided the grantee remains a service provider to the Company during such period. On January 11, 2017, 235,356 performance shares were granted under the Incentive Plan at nominal cost to officers and key employees. Under the Performance Agreement, which is described further in the section entitled "Compensation Discussion and Analysis — Elements of Compensation — Performance Shares," of our 2017 proxy statement filed with the Commission on April 10, 2017, each performance share represents the right to receive from 0% to 150% of the target numbers of shares of restricted Class A common stock. The number of shares of restricted common stock earned will be determined based on the attainment of specified performance goals by January 11, 2020 (the third anniversary of the grant date for the January 11, 2017 grant) set forth in the applicable Performance Agreement. Such performance shares vest on January 11, 2021 (the fourth anniversary of the grant date for the January 11, 2017 grant). The shares are subject to the terms and conditions of the Incentive Plan. The closing price of the Company’s Class A common stock on the date of the grant was $22.10 per share, which approximates the grant date fair value of the awards. The Company assumed a forfeiture rate of 9% for such performance share awards. During the quarters ended June 30, 2017 and June 30, 2016 , the Company recognized approximately $1.3 million and $1.2 million , respectively, of share-based compensation expense related to performance share grants. During the two quarters ended June 30, 2017 and June 30, 2016 , the Company recognized approximately $2.4 million and $2.2 million , respectively, of share-based compensation expense related to performance share grants. Such expense is presented as a component of "General and administrative expenses." As of June 30, 2017 , we have unrecognized compensation expense of $9.2 million associated with performance share units, which is expected to be recognized through January 11, 2021. During the two quarters ended June 30, 2017 , 205,677 performance share awards (originally granted on January 8, 2014) were converted to shares of restricted common stock, as threshold performance goals for these awards were satisfied on January 8, 2017, the calculation date. The following table summarizes information about the Company’s number of performance shares for the two quarters ended June 30, 2017 : Unvested at beginning of period 698,709 Granted (based on target) during the period 235,356 Cancelled/forfeited during the period (8,457 ) Conversion to restricted shares during the period (205,677 ) Unvested at end of period 719,931 In connection with the conversion of the above 205,677 performance shares, during the two quarters ended June 30, 2017 , the Company paid cumulative cash dividends of $3.64 (representing the sum of all cash dividends paid from January 8, 2014 through January 8, 2017) on each performance share converted, totaling approximately $0.7 million . The above table does not reflect the maximum or minimum number of shares of restricted stock contingently issuable. An additional 0.4 million shares of restricted stock could be issued if the performance criteria maximums are met.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES The Company is presently involved in various judicial, administrative, regulatory and arbitration proceedings concerning matters arising in the ordinary course of business operations, including but not limited to, personal injury claims, landlord-tenant, antitrust, vendor and other third party disputes, tax disputes, employment and other contractual matters, some of which are described below. Many of these proceedings are at preliminary stages, and many of these cases seek an indeterminate amount of damages. The Company's theatre operations are also subject to federal, state and local laws governing such matters as wages, working conditions, citizenship and health and sanitation and environmental protection requirements. On October 9, 2012, staff at the San Francisco Regional Water Quality Board (the "Regional Board") notified United Artists Theatre Circuit, Inc. (“UATC”), an indirect, wholly owned subsidiary of the Company, that the Regional Board was contemplating issuing a cleanup and abatement order to UATC with respect to a property in Santa Clara, California that UATC owned and then leased during the 1960s and 1970s. On June 25, 2013, the Regional Board issued a tentative order to UATC setting out proposed site clean-up requirements for UATC with respect to the property. According to the Regional Board, the property in question has been contaminated by dry-cleaning facilities that operated at the property in question from approximately 1961 until 1996. The Regional Board also issued a tentative order to the current property owner, who has been conducting site investigation and remediation activities at the site for several years. UATC submitted comments to the Regional Board on July 28, 2013, objecting to the tentative order. The Regional Board considered the matter at its regular meeting on September 11, 2013 and adopted the tentative order with only minor changes. On October 11, 2013, UATC filed a petition with the State Water Resources Control Board (“the State Board”) for review of the Regional Board’s order. The State Board failed to act on the petition and hence by operation of law it was deemed denied, and UATC filed a petition for writ of mandamus with the California Superior Court seeking review and modification of the order. The Superior Court dismissed UATC's claims against the State Board and the City of Santa Clara. On July 26, 2017, the Superior Court issued a tentative ruling in UATC's favor, requested additional briefings and scheduled a hearing, which is now scheduled for September 2017. If the Superior Court adopts its tentative ruling, the matter would be remanded to the Regional Board for further proceedings in light of the Superior Court's opinion. UATC is cooperating with the Regional Board while its petition remains pending before the State Board. To that end, UATC and the current property owner jointly submitted, and on October 27, 2015, the Regional Board approved, a Remedial Action Plan (“RAP”) to remediate the dry-cleaner contamination. UATC intends to vigorously defend this matter. We believe that we are, and were during the period in question described in this paragraph, in compliance with such applicable laws and regulations. On January 28, 2016, Regional Board staff contacted UATC’s counsel in the Santa Clara matter to ascertain whether he would be representing UATC in connection with the cleanup of a drycleaner-impacted property located in Millbrae, California that the Regional Board believes UATC or related entities formerly owned during the dry-cleaning operations. Counsel subsequently responded in the affirmative. The Company has received no further communications from the Regional Board on this matter. On May 5, 2014, NCM, Inc. announced that it had entered into a merger agreement to acquire Screenvision, LLC ("Screenvision"). On November 3, 2014, the United States Department of Justice (the "DOJ") filed an antitrust lawsuit seeking to enjoin the proposed merger between NCM, Inc. and Screenvision. On March 16, 2015, NCM, Inc. announced that it had agreed with Screenvision to terminate the merger agreement. On March 17, 2015, the Company was notified by the DOJ that it had opened an investigation into potential anticompetitive conduct by and coordination among NCM, Inc., National CineMedia, Regal, AMC and Cinemark (the “DOJ Notice”). In addition, the DOJ Notice requested that the Company preserve all documents and information since January 1, 2011 relating to movie clearances or communications or cooperation between and among AMC, Regal and Cinemark or their participation in NCM. On May 28, 2015, the Company received a civil investigative demand (the “CID”) from the DOJ as part of an investigation into potentially anticompetitive conduct under Sections 1 and 2 of the Sherman Act, 15 U.S.C. § 1 and § 2. The Company has also received investigative demands from the antitrust sections of various state attorneys general regarding movie clearances and Regal's various joint venture investments, including National CineMedia. The CID and various state investigative demands require the Company to produce documents and answer interrogatories. The Company may receive additional investigative demands from the DOJ and state attorneys general regarding these or related matters. The Company continues to cooperate with these investigations and any other related Federal or state investigations to the extent any are undertaken. The DOJ and various state investigations may also give rise to lawsuits filed against the Company related to clearances and the Company’s investments in its various joint ventures. While we do not believe that the Company has engaged in any violation of Federal or state antitrust or competition laws during its participation in NCM and other joint ventures, we can provide no assurances as to the scope, timing or outcome of the DOJ’s or any other state or Federal governmental reviews of the Company’s conduct. In situations where management believes that a loss arising from judicial, administrative, regulatory and arbitration proceedings is probable and can reasonably be estimated, the Company records the amount of the loss, or the minimum estimated liability when the loss is estimated using a range and no amount within the range is more probable than another. As additional information becomes available, any potential liability related to these proceedings is assessed and the estimates are revised, if necessary. The amounts reserved for such proceedings totaled approximately $3.3 million and $3.5 million as of June 30, 2017 and December 31, 2016, respectively. Management believes any additional liability with respect to these claims and disputes will not be material in the aggregate to the Company’s consolidated financial position, results of operations or cash flows. Under ASC Topic 450, Contingencies—Loss Contingencies , an event is "reasonably possible" if "the chance of the future event or events occurring is more than remote but less than likely" and an event is "remote" if "the chance of the future event or events occurring is slight." Thus, references to the upper end of the range of reasonably possible loss for cases in which the Company is able to estimate a range of reasonably possible loss mean the upper end of the range of loss for cases for which the Company believes the risk of loss is more than slight. Management is unable to estimate a range of reasonably possible loss for cases described herein in which damages have not been specified and (i) the proceedings are in early stages, (ii) there is uncertainty as to the likelihood of a class being certified or the ultimate size of the class, (iii) there is uncertainty as to the outcome of pending appeals or motions, (iv) there are significant factual issues to be resolved, and/or (v) there are novel legal issues presented. However, for these cases, management does not believe, based on currently available information, that the outcomes of these proceedings will have a material adverse effect on the Company’s financial condition, though the outcomes could be material to the Company’s operating results for any particular period, depending, in part, upon the operating results for such period. Our theatres must comply with Title III of the Americans with Disabilities Act of 1990 (the "ADA") to the extent that such properties are "public accommodations" and/or "commercial facilities" as defined by the ADA. Compliance with the ADA requires that public accommodations "reasonably accommodate" individuals with disabilities and that new construction or alterations made to "commercial facilities" conform to accessibility guidelines unless "structurally impracticable" for new construction or technically infeasible for alterations. Non-compliance with the ADA could result in the imposition of injunctive relief, fines, awards of damages to private litigants and additional capital expenditures to remedy such non-compliance. The Company believes that it is in substantial compliance with all current applicable regulations relating to accommodations for the disabled. The Company intends to comply with future regulations in this regard and except as set forth above, does not currently anticipate that compliance will require the Company to expend substantial funds.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS During each of the quarters ended June 30, 2017 and June 30, 2016 , Regal Cinemas received less than $0.1 million from an Anschutz affiliate for rent and other expenses related to a theatre facility. During each of the two quarters ended June 30, 2017 and June 30, 2016 , Regal Cinemas received approximately $0.1 million from an Anschutz affiliate for rent and other expenses related to a theatre facility. During each of the quarters ended June 30, 2017 and June 30, 2016 , the Company received approximately $0.2 million from an Anschutz affiliate for management fees related to a theatre site in Los Angeles, California. During each of the two quarters ended June 30, 2017 and June 30, 2016 , the Company received approximately $0.4 million from an Anschutz affiliate for management fees related to a theatre site in Los Angeles, California. Please also refer to Note 3—"Investments" for a discussion of other related party transactions associated with our various investments in non-consolidated entities.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE We compute earnings per share of Class A and Class B common stock using the two-class method. Basic earnings per share is computed using the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, common stock equivalents outstanding during the period. Potential common stock equivalents consist of the incremental common shares issuable upon the vesting of restricted stock and performance share units. The dilutive effect of outstanding restricted stock and performance share units is reflected in diluted earnings per share by application of the treasury-stock method. In addition, the computation of the diluted earnings per share of Class A common stock assumes the conversion of Class B common stock, while the diluted earnings per share of Class B common stock does not assume the conversion of those shares. The rights, including the liquidation and dividend rights, of the holders of our Class A and Class B common stock are identical, except with respect to voting. The earnings for the periods presented are allocated based on the contractual participation rights of the Class A and Class B common shares. As the liquidation and dividend rights are identical, the earnings are allocated on a proportionate basis. Further, as we assume the conversion of Class B common stock in the computation of the diluted earnings per share of Class A common stock, the earnings are equal to net income attributable to controlling interest for that computation. The following table sets forth the computation of basic and diluted earnings per share of Class A and Class B common stock (in millions, except share and per share data): Quarter Ended Quarter Ended Two Quarters Ended Two Quarters Ended Class A Class B Class A Class B Class A Class B Class A Class B Basic earnings per share: Numerator: Allocation of earnings $ 20.0 $ 3.6 $ 28.4 $ 5.1 $ 61.1 $ 10.9 $ 62.9 $ 11.3 Denominator: Weighted average common shares outstanding (in thousands) 132,639 23,709 132,316 23,709 132,612 23,709 132,316 23,709 Basic earnings per share $ 0.15 $ 0.15 $ 0.21 $ 0.21 $ 0.46 $ 0.46 $ 0.48 $ 0.48 Diluted earnings per share: Numerator: Allocation of earnings for basic computation $ 20.0 $ 3.6 $ 28.4 $ 5.1 $ 61.1 $ 10.9 $ 62.9 $ 11.3 Reallocation of earnings as a result of conversion of Class B to Class A shares 3.6 — 5.1 — 10.9 — 11.3 (0.1 ) Allocation of earnings $ 23.6 $ 3.6 $ 33.5 $ 5.1 $ 72.0 $ 10.9 $ 74.2 $ 11.2 Denominator: Number of shares used in basic computation (in thousands) 132,639 23,709 132,316 23,709 132,612 23,709 132,316 23,709 Weighted average effect of dilutive securities (in thousands) Add: Conversion of Class B to Class A common shares outstanding 23,709 — 23,709 — 23,709 — 23,709 — Restricted stock and performance shares 597 — 697 — 671 — 726 — Number of shares used in per share computations (in thousands) 156,945 23,709 156,722 23,709 156,992 23,709 156,751 23,709 Diluted earnings per share $ 0.15 $ 0.15 $ 0.21 $ 0.21 $ 0.46 $ 0.46 $ 0.47 $ 0.47

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2017
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Adoption of New Accounting Pronouncements In March 2016, the FASB issued ASU 2016-07, Investments – Equity Method and Joint Ventures (Topic 323) . The purpose of ASU 2016-07 is to eliminate the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment was held. ASU 2016-07 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years and early adoption is permitted. The Company's adoption of ASU 2016-07 during the quarter ended March 31, 2017 had no impact on the Company's consolidated financial statements and related disclosures. In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting , which relates to the accounting for employee share-based payments. ASU 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years and early adoption is permitted. The Company's adoption of ASU 2016-09 had the impact of reducing income tax expense by approximately $1.2 million pertaining to excess tax benefits related to vesting of 491,084 restricted stock awards and to a lesser extent, dividends paid on restricted stock during the two quarters ended June 30, 2017. Historically, such excess tax benefits would have been recorded as a component of additional paid-in capital. In October 2016, the FASB issued ASU 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control , which requires when assessing which party is the primary beneficiary in a VIE, the decision maker considers interests held by entities under common control on a proportionate basis instead of treating those interests as if they were that of the decision maker itself, as current U.S. GAAP requires. ASU 2016-17 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years and early adoption is permitted. The Company's adoption of ASU 2016-17 during the quarter ended March 31, 2017 had no impact on the Company's consolidated financial statements and related disclosures. Recently Issued FASB Accounting Standard Codification Updates In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The standard permits the use of either the retrospective or modified retrospective transition method. ASU 2014-09 was originally effective for annual and interim reporting periods beginning after December 15, 2016. However, the standard was deferred by ASU 2015-14, issued by the FASB in August 2015, and is now effective for fiscal years beginning on or after December 15, 2017, including interim reporting periods within that reporting period, with early adoption permitted as of the original effective date. In addition, amendments in subsequent Accounting Standards Updates have either clarified or revised guidance as set forth in ASU 2014-09, including ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenues Gross versus Net) , ASU 2016-10, Revenue from Contracts with Customers : Identifying Performance Obligations and Licensing and ASU 2016-12, Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients. The Company has selected the modified retrospective method for adoption of ASU 2014-09 and its related ASU amendments. Under this method, we will recognize the cumulative effect of the changes in retained earnings at the date of adoption (January 1, 2018), but will not restate prior periods. The Company believes that the adoption of ASU 2014-09 and its related ASU amendments will primarily impact its accounting for its (i) loyalty program, (ii) gift cards and bulk tickets, (iii) customer incentives and (iv) amounts recorded as deferred revenue and the method of amortization for the advanced payment received in connection with the 2007 National CineMedia ESA modification and subsequent receipts of common units of National CineMedia pursuant to the provisions of the Common Unit Adjustment Agreement, each as described in Note 3—"Investments." The Company believes that such advanced payment and subsequent common units received from National CineMedia include a significant financing component and expects that as a result, advertising revenues will increase significantly with a similar offsetting increase in interest expense beginning in fiscal year 2018. The Company is continuing to further evaluate the full impact that ASU 2014-09 and its related ASU amendments will have on its consolidated financial statements and related disclosures. To that end, the Company has conducted initial analyses, developed project management relative to the process of adopting ASU 2014-09 and its related ASU amendments, and is currently finalizing detailed contract reviews to determine necessary adjustments to existing accounting policies and to support an evaluation of the overall impact on the Company’s consolidated results of operations and financial condition. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . ASU 2016-02 establishes a right-of-use ("ROU") model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is evaluating the impact that ASU 2016-02 will have on its consolidated financial statements and related disclosures and believes that the significance of its future minimum rental payments will result in a material increase in ROU assets and lease liabilities. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments . The purpose of ASU 2016-15 is to reduce the diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, including interim periods within that year. The Company is evaluating the impact that ASU 2016-15 will have on its consolidated financial statements and related disclosures. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory , which requires that an entity recognize the income tax consequences of intra-entity transfers of assets other than inventory at the time of the transfer instead of deferring the tax consequences until the asset has been sold to an outside party, as current U.S. GAAP requires. ASU 2016-16 is effective for annual periods, and interim periods therein, beginning after December 15, 2017. Early application is permitted in any interim or annual period. The Company is evaluating the impact that ASU 2016-16 will have on its consolidated financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business . The purpose of ASU 2017-01 is to clarify the definition of a business to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. ASU 2017-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within that year. The amendments in ASU 2017-01 should be applied prospectively on or after the effective date. Early adoption is permitted. The Company does not expect that the adoption of ASU 2017-01 will have a material impact on its consolidated financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . The purpose of ASU 2017-04 is to simplify the subsequent measurement of goodwill by removing the second step of the two-step impairment test. The amendment should be applied on a prospective basis. ASU 2017-04 is effective for fiscal years beginning after December 15, 2019, including interim periods within that year. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is evaluating the impact that ASU 2017-04 will have on its consolidated financial statements and related disclosures.

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS From time to time, Regal Cinemas enters into hedging relationships via interest rate swap agreements to hedge against interest rate exposure of its variable rate debt obligations under the Amended Senior Credit Facility. Certain of these interest rate swaps qualify for cash flow hedge accounting treatment, and as such, the change in the fair values of the interest rate swaps is recorded on the Company's consolidated balance sheet as an asset or liability with the effective portion of the interest rate swaps' gains or losses reported as a component of other comprehensive income and the ineffective portion reported in earnings. As interest expense is accrued on the debt obligation, amounts in accumulated other comprehensive income/loss related to the interest rate swaps will be reclassified into earnings. In the event that an interest rate swap is terminated or de-designated prior to maturity, gains or losses accumulated in other comprehensive income or loss remain deferred and are reclassified into earnings in the periods during which the hedged forecasted transaction affects earnings. See Note 12—"Fair Value of Financial Instruments" for discussion of the Company’s interest rate swaps’ fair value estimation methods and assumptions. Below is a summary of Regal Cinemas' current interest rate swap agreement as of June 30, 2017 : Nominal Amount Effective Date Fixed Rate Receive Rate Expiration Date Designated as Cash Flow Hedge Gross Fair Value at June 30, 2017 Balance Sheet Location $200.0 million June 30, 2015 2.165% 1-month LIBOR June 30, 2018 No $(1.6) million See Note 12 On April 2, 2015, Regal Cinemas amended two of its existing interest rate swap agreements originally designated as cash flow hedges on $350.0 million of variable rate debt obligations. Since the terms of the interest rate swaps designated in the original cash flow hedge relationships changed with these amendments, we de-designated the original hedge relationships and re-designated the amended interest rate swaps in new cash flow hedge relationships as of the amendment date of April 2, 2015. On December 31, 2016, one of these interest rate swap agreements designated to hedge $150.0 million of variable rate debt obligations expired. In connection with the June 2017 Refinancing Agreement described further in Note 4—"Debt Obligations,” no amendment or modification was made to the Company's remaining interest swap agreement (originally designated to hedge $200.0 million of variable rate debt obligations). As a result, the interest rate swap no longer meets the highly effective qualification for cash flow hedge accounting and accordingly, the remaining hedge relationship was de-designated effective June 6, 2017. Since the interest rate swap no longer qualifies for cash flow hedge accounting treatment, the change in its fair value since de-designation is recorded on the Company’s unaudited condensed consolidated balance sheet as an asset or liability with the interest rate swap's gain or loss reported as a component of interest expense during the period of change. We estimate that $1.2 million of deferred pre-tax losses attributable to this interest rate swap will be reclassified into earnings as interest expense during the next 12 months.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value refers to the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the market in which the entity transacts. The inputs used to develop these fair value measurements are established in a hierarchy, which ranks the quality and reliability of the information used to determine fair value. The fair value classification is based on levels of inputs. Assets and liabilities that are carried at fair value are classified and disclosed in one of the following categories described in ASC Topic 820, Fair Value Measurements and Disclosures: Level 1 Inputs: Quoted market prices in active markets for identical assets or liabilities. Level 2 Inputs: Observable market based inputs or unobservable inputs that are corroborated by market data. Level 3 Inputs: Unobservable inputs that are not corroborated by market data. The following tables summarize the fair value hierarchy of the Company’s financial liabilities carried at fair value on a recurring basis as of June 30, 2017 and December 31, 2016: Fair Value Measurements at June 30, 2017 Balance Sheet Location Total Carrying Quoted prices in active market (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (in millions) Liabilities: Interest rate swap (1) Accrued Expenses $ 1.6 $ — $ 1.6 $ — Total liabilities at fair value $ 1.6 $ — $ 1.6 $ — Total Carrying Fair Value Measurements at December 31, 2016 Balance Sheet Location Quoted prices in Significant other Significant (in millions) Liabilities: Interest rate swap designated as cash flow hedge(1) Accrued Expenses $ 2.3 $ — $ 2.3 $ — Interest rate swap designated as cash flow hedge(1) Other Non-Current Liabilities $ 0.7 $ — $ 0.7 $ — Total liabilities at fair value $ 3.0 $ — $ 3.0 $ — ________________________________ (1) The fair value of the Company’s interest rate swap described in Note 11—"Derivative Instruments" is based on Level 2 inputs, which include observable inputs such as dealer quoted prices for similar assets or liabilities, and represents the estimated amount Regal Cinemas would receive or pay to terminate the agreement taking into consideration various factors, including current interest rates, credit risk and counterparty credit risk. The counterparty to the Company’s interest rate swap is a major financial institution. The Company evaluates the bond rating of the financial institution and believes that credit risk is at an acceptably low level. There were no changes in valuation techniques during the period. There were no transfers in or out of Level 3 during the two quarters ended June 30, 2017 and June 30, 2016 , respectively. In addition, the Company is required to disclose the fair value of financial instruments that are not recognized in the statement of financial position for which it is practicable to estimate that value. The methods and assumptions used to estimate the fair value of each class of financial instrument are as follows: Cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities: The carrying amounts approximate fair value because of the short maturity of these instruments. Long-Lived Assets, Intangible Assets and Other Investments As further described in Note 2 to the 2016 Audited Consolidated Financial Statements and incorporated by reference herein, the Company regularly reviews long-lived assets (primarily property and equipment), intangible assets and investments in non-consolidated entities, for impairment whenever events or changes in circumstances indicate that the carrying amounts of the assets may not be fully recoverable. When the estimated fair value is determined to be lower than the carrying value of the asset, an impairment charge is recorded to write the asset down to its estimated fair value. The Company’s analysis relative to long-lived assets resulted in the recording of impairment charges of $4.1 million and $3.0 million , respectively, for the two quarters ended June 30, 2017 and June 30, 2016 . The long-lived asset impairment charges recorded were specific to theatres that were directly and individually impacted by increased competition, adverse changes in market demographics or adverse changes in the development or the conditions of the areas surrounding the theatres we deemed other than temporary. The Company did not record an impairment of any intangible assets or investments in non-consolidated subsidiaries accounted for under the equity method for the two quarters ended June 30, 2017 and June 30, 2016 . Long term obligations, excluding capital lease obligations, lease financing arrangements and other: The fair value of the Amended Senior Credit Facility described in Note 4—"Debt Obligations," which consists of the New Term Loans and the Revolving Facility, is estimated based on quoted prices (Level 2 inputs as described in ASC Topic 820) as of June 30, 2017 and December 31, 2016 . The associated interest rates are based on floating rates identified by reference to market rates and are assumed to approximate fair value. The fair values of the 5 3 / 4 % Senior Notes Due 2022, the 5 3 / 4 % Senior Notes Due 2025 and the 5 3 / 4 % Senior Notes Due 2023 were estimated based on quoted prices (Level 1 inputs as described in ASC Topic 820) for these issuances as of June 30, 2017 and December 31, 2016 . The aggregate carrying values and fair values of long-term debt at June 30, 2017 and December 31, 2016 consist of the following: June 30, 2017 December 31, 2016 (in millions) Carrying value $ 2,377.5 $ 2,229.7 Fair value $ 2,436.5 $ 2,287.1

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS, NET	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS, NET	ACCUMULATED OTHER COMPREHENSIVE LOSS, NET The following tables present for the two quarters ended June 30, 2017 and June 30, 2016 , respectively, the change in accumulated other comprehensive loss, net of tax, by component (in millions): Interest rate swap Equity method investee interest rate swaps Total Balance as of December 31, 2016 $ (1.4 ) $ 0.1 $ (1.3 ) Other comprehensive income (loss), net of tax Change in fair value of interest rate swap transaction (0.5 ) — (0.5 ) Amounts reclassified to net income from interest rate swap 1.2 — 1.2 Change in fair value of equity method investee interest rate swaps — — — Total other comprehensive income (loss), net of tax 0.7 — 0.7 Balance as of June 30, 2017 $ (0.7 ) $ 0.1 $ (0.6 ) Interest rate swaps Available for sale securities Equity method investee interest rate swaps Total Balance as of December 31, 2015 $ (2.7 ) $ 0.5 $ 0.1 $ (2.1 ) Other comprehensive income (loss), net of tax Change in fair value of interest rate swap transactions (2.1 ) — — (2.1 ) Amounts reclassified to net income from interest rate swaps 2.0 — — 2.0 Reclassification adjustment for gain on sale of available for sale securities recognized in net income — (0.5 ) — (0.5 ) Change in fair value of equity method investee interest rate swaps — — (0.7 ) (0.7 ) Total other comprehensive income (loss), net of tax (0.1 ) (0.5 ) (0.7 ) (1.3 ) Balance as of June 30, 2016 $ (2.8 ) $ — $ (0.6 ) $ (3.4 )

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Declaration of Quarterly Dividend On July 26, 2017 , the Company declared a cash dividend of $0.22 per share on each share of the Company’s Class A and Class B common stock (including outstanding restricted stock), payable on September 15, 2017 , to stockholders of record on September 5, 2017 . Investment in Open Road Films On August 4, 2017, the Company sold all of its 50% equity interest in Open Road Films to a third party for total net proceeds of approximately $14.0 million . In accordance with the purchase agreement, a portion of the net proceeds received are in satisfaction of amounts due to the Company related to film marketing services provided to Open Road Films prior to the closing date. Also effective with closing, the Company and Open Road Films entered into a new marketing agreement with respect to films released by Open Road Films after the closing date.

THE COMPANY AND BASIS OF PRES22

THE COMPANY AND BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Investments	Majority-owned subsidiaries that the Company controls are consolidated, while those affiliates of which the Company owns between 20% and 50% and does not control are accounted for under the equity method. Those affiliates of which the Company owns less than 20% are generally accounted for under the cost method, unless the Company is deemed to have the ability to exercise significant influence over the affiliate, in which case the Company would account for its investment under the equity method. The results of these subsidiaries and affiliates are included in the unaudited condensed consolidated financial statements effective with their formation or from their dates of acquisition. Intercompany balances and transactions are eliminated in consolidation. We account for our investment in National CineMedia following the equity method of accounting and such investment is included as a component of "Other Non-Current Assets" in the accompanying unaudited condensed consolidated balance sheets. From time to time, the Company receives additional newly issued common units of National CineMedia ("Additional Investments Tranche") as a result of the adjustment provisions of the Common Unit Adjustment Agreement (as defined and more fully discussed in Note 4 to the 2016 Audited Consolidated Financial Statements). The Company follows the guidance in ASC 323-10-35-29 (formerly EITF 02-18, Accounting for Subsequent Investments in an Investee after Suspension of Equity Loss Recognition ) by analogy, which also refers to AICPA Technical Practice Aid 2220.14, which indicates that if a subsequent investment is made in an equity method investee that has experienced significant losses, the investor must determine if the subsequent investment constitutes funding of prior losses. The Company concluded that the construction or acquisition of new theatres that has led to the common unit adjustments included in its Additional Investments Tranche equates to making additional investments in National CineMedia. The Company evaluated the receipt of the additional common units in National CineMedia and the assets exchanged for these additional units and has determined that the right to use its incremental new screens would not be considered funding of prior losses. As such, the Additional Investments Tranche is accounted for separately from the Company’s Initial Investment Tranche (as defined and described more fully in Note 4 to the 2016 Audited Consolidated Financial Statements) following the equity method with undistributed equity earnings included as a component of "Earnings recognized from NCM" in the accompanying unaudited condensed consolidated financial statements.
Earnings Per Share	We compute earnings per share of Class A and Class B common stock using the two-class method. Basic earnings per share is computed using the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, common stock equivalents outstanding during the period. Potential common stock equivalents consist of the incremental common shares issuable upon the vesting of restricted stock and performance share units. The dilutive effect of outstanding restricted stock and performance share units is reflected in diluted earnings per share by application of the treasury-stock method. In addition, the computation of the diluted earnings per share of Class A common stock assumes the conversion of Class B common stock, while the diluted earnings per share of Class B common stock does not assume the conversion of those shares. The rights, including the liquidation and dividend rights, of the holders of our Class A and Class B common stock are identical, except with respect to voting. The earnings for the periods presented are allocated based on the contractual participation rights of the Class A and Class B common shares. As the liquidation and dividend rights are identical, the earnings are allocated on a proportionate basis. Further, as we assume the conversion of Class B common stock in the computation of the diluted earnings per share of Class A common stock, the earnings are equal to net income attributable to controlling interest for that computation.
Recent Accounting Pronouncements	Adoption of New Accounting Pronouncements In March 2016, the FASB issued ASU 2016-07, Investments – Equity Method and Joint Ventures (Topic 323) . The purpose of ASU 2016-07 is to eliminate the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment was held. ASU 2016-07 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years and early adoption is permitted. The Company's adoption of ASU 2016-07 during the quarter ended March 31, 2017 had no impact on the Company's consolidated financial statements and related disclosures. In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting , which relates to the accounting for employee share-based payments. ASU 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years and early adoption is permitted. The Company's adoption of ASU 2016-09 had the impact of reducing income tax expense by approximately $1.2 million pertaining to excess tax benefits related to vesting of 491,084 restricted stock awards and to a lesser extent, dividends paid on restricted stock during the two quarters ended June 30, 2017. Historically, such excess tax benefits would have been recorded as a component of additional paid-in capital. In October 2016, the FASB issued ASU 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control , which requires when assessing which party is the primary beneficiary in a VIE, the decision maker considers interests held by entities under common control on a proportionate basis instead of treating those interests as if they were that of the decision maker itself, as current U.S. GAAP requires. ASU 2016-17 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years and early adoption is permitted. The Company's adoption of ASU 2016-17 during the quarter ended March 31, 2017 had no impact on the Company's consolidated financial statements and related disclosures. Recently Issued FASB Accounting Standard Codification Updates In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The standard permits the use of either the retrospective or modified retrospective transition method. ASU 2014-09 was originally effective for annual and interim reporting periods beginning after December 15, 2016. However, the standard was deferred by ASU 2015-14, issued by the FASB in August 2015, and is now effective for fiscal years beginning on or after December 15, 2017, including interim reporting periods within that reporting period, with early adoption permitted as of the original effective date. In addition, amendments in subsequent Accounting Standards Updates have either clarified or revised guidance as set forth in ASU 2014-09, including ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenues Gross versus Net) , ASU 2016-10, Revenue from Contracts with Customers : Identifying Performance Obligations and Licensing and ASU 2016-12, Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients. The Company has selected the modified retrospective method for adoption of ASU 2014-09 and its related ASU amendments. Under this method, we will recognize the cumulative effect of the changes in retained earnings at the date of adoption (January 1, 2018), but will not restate prior periods. The Company believes that the adoption of ASU 2014-09 and its related ASU amendments will primarily impact its accounting for its (i) loyalty program, (ii) gift cards and bulk tickets, (iii) customer incentives and (iv) amounts recorded as deferred revenue and the method of amortization for the advanced payment received in connection with the 2007 National CineMedia ESA modification and subsequent receipts of common units of National CineMedia pursuant to the provisions of the Common Unit Adjustment Agreement, each as described in Note 3—"Investments." The Company believes that such advanced payment and subsequent common units received from National CineMedia include a significant financing component and expects that as a result, advertising revenues will increase significantly with a similar offsetting increase in interest expense beginning in fiscal year 2018. The Company is continuing to further evaluate the full impact that ASU 2014-09 and its related ASU amendments will have on its consolidated financial statements and related disclosures. To that end, the Company has conducted initial analyses, developed project management relative to the process of adopting ASU 2014-09 and its related ASU amendments, and is currently finalizing detailed contract reviews to determine necessary adjustments to existing accounting policies and to support an evaluation of the overall impact on the Company’s consolidated results of operations and financial condition. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . ASU 2016-02 establishes a right-of-use ("ROU") model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is evaluating the impact that ASU 2016-02 will have on its consolidated financial statements and related disclosures and believes that the significance of its future minimum rental payments will result in a material increase in ROU assets and lease liabilities. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments . The purpose of ASU 2016-15 is to reduce the diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, including interim periods within that year. The Company is evaluating the impact that ASU 2016-15 will have on its consolidated financial statements and related disclosures. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory , which requires that an entity recognize the income tax consequences of intra-entity transfers of assets other than inventory at the time of the transfer instead of deferring the tax consequences until the asset has been sold to an outside party, as current U.S. GAAP requires. ASU 2016-16 is effective for annual periods, and interim periods therein, beginning after December 15, 2017. Early application is permitted in any interim or annual period. The Company is evaluating the impact that ASU 2016-16 will have on its consolidated financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business . The purpose of ASU 2017-01 is to clarify the definition of a business to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. ASU 2017-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within that year. The amendments in ASU 2017-01 should be applied prospectively on or after the effective date. Early adoption is permitted. The Company does not expect that the adoption of ASU 2017-01 will have a material impact on its consolidated financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . The purpose of ASU 2017-04 is to simplify the subsequent measurement of goodwill by removing the second step of the two-step impairment test. The amendment should be applied on a prospective basis. ASU 2017-04 is effective for fiscal years beginning after December 15, 2019, including interim periods within that year. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is evaluating the impact that ASU 2017-04 will have on its consolidated financial statements and related disclosures.
Derivative Instruments	Regal Cinemas enters into hedging relationships via interest rate swap agreements to hedge against interest rate exposure of its variable rate debt obligations under the Amended Senior Credit Facility. Certain of these interest rate swaps qualify for cash flow hedge accounting treatment, and as such, the change in the fair values of the interest rate swaps is recorded on the Company's consolidated balance sheet as an asset or liability with the effective portion of the interest rate swaps' gains or losses reported as a component of other comprehensive income and the ineffective portion reported in earnings. As interest expense is accrued on the debt obligation, amounts in accumulated other comprehensive income/loss related to the interest rate swaps will be reclassified into earnings. In the event that an interest rate swap is terminated or de-designated prior to maturity, gains or losses accumulated in other comprehensive income or loss remain deferred and are reclassified into earnings in the periods during which the hedged forecasted transaction affects earnings.
Fair Value Measurement	Fair value refers to the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the market in which the entity transacts. The inputs used to develop these fair value measurements are established in a hierarchy, which ranks the quality and reliability of the information used to determine fair value. The fair value classification is based on levels of inputs. Assets and liabilities that are carried at fair value are classified and disclosed in one of the following categories described in ASC Topic 820, Fair Value Measurements and Disclosures: Level 1 Inputs: Quoted market prices in active markets for identical assets or liabilities. Level 2 Inputs: Observable market based inputs or unobservable inputs that are corroborated by market data. Level 3 Inputs: Unobservable inputs that are not corroborated by market data.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following is a summary of a preliminary allocation of the aggregate purchase price to the estimated fair values of the assets acquired and liabilities assumed at the respective dates of acquisition (in millions): Current assets $ 2.0 Land 28.8 Buildings, equipment and leasehold improvements 115.4 Noncompete agreements 3.0 Goodwill 26.6 Current liabilities (4.1 ) Other liabilities (0.1 ) Total purchase price $ 171.6
Business Acquisition, Pro Forma Information	The following unaudited pro forma results of operations for the quarters and two quarters ended June 30, 2017 and June 30, 2016 assume the above acquisitions occurred as of the beginning of fiscal 2016. The pro forma results have been prepared for comparative purposes only and do not purport to indicate the results of operations which would actually have occurred had the combination been in effect on the dates indicated, or which may occur in the future. Quarter Ended Quarter Ended Two Quarters Ended Two Quarters Ended Revenues $ 772.7 $ 811.0 $ 1,618.4 $ 1,622.4 Income from operations 58.5 77.4 159.0 159.0 Net income attributable to controlling interest 23.0 33.8 72.3 75.3

INVESTMENTS (Tables)

INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2017
Investments [Abstract]
Schedule of Changes in the Carrying Amount of Investment	The change in the carrying amount of our investment in Open Road Films for the two quarters ended June 30, 2017 is as follows (in millions): Balance as of December 31, 2016 $ (1.7 ) Equity contributions and advances 6.7 Equity losses attributable to Open Road Films (8.3 ) Balance as of June 30, 2017 $ (3.3 ) The change in the carrying amount of our investment in DCIP for the two quarters ended June 30, 2017 is as follows (in millions): Balance as of December 31, 2016 $ 193.2 Equity contributions — Equity in earnings of DCIP(1) 23.2 Receipt of cash distributions (8.4 ) Change in fair value of equity method investee interest rate swap transactions 0.1 Balance as of June 30, 2017 $ 208.1 ________________________________ (1) Represents the Company’s share of the net income of DCIP. Such amount is presented as a component of “Equity in income of non-consolidated entities and other, net” in the accompanying unaudited condensed consolidated statement of income. Below is a summary of activity with National CineMedia included in the Company’s unaudited condensed consolidated financial statements as of and for the two quarters ended June 30, 2017 (in millions): As of the period ended For the period ended Investment in NCM Deferred Revenue Cash Received Earnings recognized from NCM Other NCM Revenues Balance as of and for the period ended December 31, 2016 $ 162.0 $ (425.0 ) $ — $ — $ — Receipt of additional common units(1) 6.3 (6.3 ) — — — Receipt of excess cash distributions(2) (6.3 ) — 15.5 (9.2 ) — Receipt under tax receivable agreement(2) (3.1 ) — 7.6 (4.5 ) — Revenues earned under ESA(3) — — 8.6 — (8.6 ) Amortization of deferred revenue(4) — 6.3 — — (6.3 ) Equity income attributable to additional common units(5) 0.5 — — (0.5 ) — Change in interest loss(6) (5.6 ) — — 5.6 — Balance as of and for the period ended June 30, 2017 $ 153.8 $ (425.0 ) $ 31.7 $ (8.6 ) $ (14.9 ) ________________________________ (1) On March 16, 2017, we received from National CineMedia approximately 0.5 million newly issued common units of National CineMedia in accordance with the annual adjustment provisions of the Common Unit Adjustment Agreement. The Company recorded the additional common units (Additional Investments Tranche) at fair value using the available closing stock price of NCM, Inc. as of the date on which the units were issued. With respect to the common units issued on March 16, 2017, the Company recorded an increase to its investment in National CineMedia of $6.3 million with a corresponding increase to deferred revenue. Such deferred revenue amount is being amortized to advertising revenue over the remaining term of the exhibitor services agreement, between RCI and National CineMedia ("ESA"), following the units of revenue method as described in (4) below. This transaction increased our ownership share in National CineMedia to approximately 27.6 million common units. On a fully diluted basis, we own a 17.9% interest in NCM, Inc. as of June 30, 2017 . (2) During the two quarters ended June 30, 2017 , the Company received $23.1 million in cash distributions from National CineMedia, exclusive of receipts for services performed under the ESA (including payments of $7.6 million received under the tax receivable agreement described in Note 4 to the 2016 Audited Consolidated Financial Statements of the Company). Approximately $9.4 million of these cash distributions received during the two quarters ended June 30, 2017 were attributable to the Additional Investments Tranche and were recognized as a reduction in our investment in National CineMedia. The remaining amounts were recognized in equity earnings during the period and have been included as components of "Earnings recognized from NCM" in the accompanying unaudited condensed consolidated financial statements. (3) The Company recorded other revenues, excluding the amortization of deferred revenue, of approximately $8.6 million for the two quarters ended June 30, 2017 pertaining to our agreements with National CineMedia, including per patron and per digital screen theatre access fees (net of payments of $6.4 million for the two quarters ended June 30, 2017 for on-screen advertising time provided to our beverage concessionaire) and other NCM revenues. These advertising revenues are presented as a component of "Other operating revenues" in the Company’s unaudited condensed consolidated financial statements. (4) Amounts represent amortization of ESA modification fees received from NCM to advertising revenue utilizing the units of revenue amortization method. These advertising revenues are presented as a component of "Other operating revenues" in the Company’s unaudited condensed consolidated financial statements. (5) Amounts represent the Company’s share in the net gain (loss) of National CineMedia with respect to the Additional Investments Tranche. Such amounts have been included as a component of "Earnings recognized from NCM" in the unaudited condensed consolidated financial statements. (6) The Company recorded a non-cash change in interest loss of $5.6 million during the quarter ended March 31, 2017 to adjust the Company's investment balance due to NCM's issuance of common units to other founding members, at a price per share below the Company's average carrying amount per share. Such amount has been included as a component of "Earnings recognized from NCM" in the unaudited condensed consolidated financial statements.
Summary of Unaudited Consolidated Statements of Operations Information	Summarized unaudited consolidated statements of operations information for Open Road Films for the quarters and two quarters ended June 30, 2017 and June 30, 2016 is as follows (in millions): Quarter Ended Quarter Ended Two Quarters Ended Two Quarters Ended Revenues $ 18.8 $ 43.4 $ 78.3 $ 79.0 Income (loss) from operations (0.1 ) 2.2 (1.7 ) (23.1 ) Net income (loss) (1.3 ) 1.0 (3.9 ) (25.3 ) Summarized unaudited consolidated statements of operations information for DCIP for the quarters and two quarters ended June 30, 2017 and June 30, 2016 is as follows (in millions): Quarter Ended Quarter Ended Two Quarters Ended Two Quarters Ended Net revenues $ 47.1 $ 44.8 $ 92.6 $ 85.4 Income from operations 29.9 27.8 57.9 51.2 Net income 25.6 22.3 49.8 40.8 Summarized unaudited consolidated statements of income information for National CineMedia for the quarters ended March 30, 2017 and March 31, 2016 is as follows (in millions): Quarter Ended Quarter Ended Revenues $ 71.9 $ 76.2 Income from operations 5.1 5.8 Net loss (7.9 ) (7.5 )

DEBT OBLIGATIONS (Tables)

DEBT OBLIGATIONS (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of Debt Obligations	Debt obligations at June 30, 2017 and December 31, 2016 consist of the following (in millions): June 30, 2017 December 31, 2016 Regal Cinemas Amended Senior Credit Facility, net of debt discount $ 1,102.5 $ 954.7 Regal 5 3 / 4 % Senior Notes Due 2022 775.0 775.0 Regal 5 3 / 4 % Senior Notes Due 2025 250.0 250.0 Regal 5 3 / 4 % Senior Notes Due 2023 250.0 250.0 Lease financing arrangements, weighted average interest rate of 11.23%, maturing in various installments through November 2028 94.5 97.1 Capital lease obligations, 7.8% to 10.7%, maturing in various installments through December 2030 8.1 9.2 Other 4.2 4.1 Total debt obligations 2,484.3 2,340.1 Less current portion 26.8 25.5 Less debt issuance costs, net of accumulated amortization of $19.8 and $18.5, respectively 25.7 25.8 Total debt obligations, less current portion and debt issuance costs $ 2,431.8 $ 2,288.8

CAPITAL STOCK AND SHARE-BASED26

CAPITAL STOCK AND SHARE-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2017
CAPITAL STOCK AND SHARE-BASED COMPENSATION
Schedule of Restricted Share Activity	The following table represents the restricted stock activity for the two quarters ended June 30, 2017 : Unvested at beginning of period 765,952 Granted during the period 217,366 Vested during the period (491,084 ) Forfeited during the period (12,760 ) Conversion of performance shares during the period 205,677 Unvested at end of period 685,151
Schedule of Performance Share Activity	The following table summarizes information about the Company’s number of performance shares for the two quarters ended June 30, 2017 : Unvested at beginning of period 698,709 Granted (based on target) during the period 235,356 Cancelled/forfeited during the period (8,457 ) Conversion to restricted shares during the period (205,677 ) Unvested at end of period 719,931

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Summary of computation of basic and diluted earnings per share	The following table sets forth the computation of basic and diluted earnings per share of Class A and Class B common stock (in millions, except share and per share data): Quarter Ended Quarter Ended Two Quarters Ended Two Quarters Ended Class A Class B Class A Class B Class A Class B Class A Class B Basic earnings per share: Numerator: Allocation of earnings $ 20.0 $ 3.6 $ 28.4 $ 5.1 $ 61.1 $ 10.9 $ 62.9 $ 11.3 Denominator: Weighted average common shares outstanding (in thousands) 132,639 23,709 132,316 23,709 132,612 23,709 132,316 23,709 Basic earnings per share $ 0.15 $ 0.15 $ 0.21 $ 0.21 $ 0.46 $ 0.46 $ 0.48 $ 0.48 Diluted earnings per share: Numerator: Allocation of earnings for basic computation $ 20.0 $ 3.6 $ 28.4 $ 5.1 $ 61.1 $ 10.9 $ 62.9 $ 11.3 Reallocation of earnings as a result of conversion of Class B to Class A shares 3.6 — 5.1 — 10.9 — 11.3 (0.1 ) Allocation of earnings $ 23.6 $ 3.6 $ 33.5 $ 5.1 $ 72.0 $ 10.9 $ 74.2 $ 11.2 Denominator: Number of shares used in basic computation (in thousands) 132,639 23,709 132,316 23,709 132,612 23,709 132,316 23,709 Weighted average effect of dilutive securities (in thousands) Add: Conversion of Class B to Class A common shares outstanding 23,709 — 23,709 — 23,709 — 23,709 — Restricted stock and performance shares 597 — 697 — 671 — 726 — Number of shares used in per share computations (in thousands) 156,945 23,709 156,722 23,709 156,992 23,709 156,751 23,709 Diluted earnings per share $ 0.15 $ 0.15 $ 0.21 $ 0.21 $ 0.46 $ 0.46 $ 0.47 $ 0.47

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Interest Rate Derivative	Below is a summary of Regal Cinemas' current interest rate swap agreement as of June 30, 2017 : Nominal Amount Effective Date Fixed Rate Receive Rate Expiration Date Designated as Cash Flow Hedge Gross Fair Value at June 30, 2017 Balance Sheet Location $200.0 million June 30, 2015 2.165% 1-month LIBOR June 30, 2018 No $(1.6) million See Note 12

FAIR VALUE OF FINANCIAL INSTR29

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Liabilities Carried at Fair Value on a Recurring Basis	The following tables summarize the fair value hierarchy of the Company’s financial liabilities carried at fair value on a recurring basis as of June 30, 2017 and December 31, 2016: Fair Value Measurements at June 30, 2017 Balance Sheet Location Total Carrying Quoted prices in active market (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (in millions) Liabilities: Interest rate swap (1) Accrued Expenses $ 1.6 $ — $ 1.6 $ — Total liabilities at fair value $ 1.6 $ — $ 1.6 $ — Total Carrying Fair Value Measurements at December 31, 2016 Balance Sheet Location Quoted prices in Significant other Significant (in millions) Liabilities: Interest rate swap designated as cash flow hedge(1) Accrued Expenses $ 2.3 $ — $ 2.3 $ — Interest rate swap designated as cash flow hedge(1) Other Non-Current Liabilities $ 0.7 $ — $ 0.7 $ — Total liabilities at fair value $ 3.0 $ — $ 3.0 $ — ________________________________ (1) The fair value of the Company’s interest rate swap described in Note 11—"Derivative Instruments" is based on Level 2 inputs, which include observable inputs such as dealer quoted prices for similar assets or liabilities, and represents the estimated amount Regal Cinemas would receive or pay to terminate the agreement taking into consideration various factors, including current interest rates, credit risk and counterparty credit risk. The counterparty to the Company’s interest rate swap is a major financial institution. The Company evaluates the bond rating of the financial institution and believes that credit risk is at an acceptably low level.
Schedule of Aggregate Carrying Values and Fair Values of Long-Term Debt	The aggregate carrying values and fair values of long-term debt at June 30, 2017 and December 31, 2016 consist of the following: June 30, 2017 December 31, 2016 (in millions) Carrying value $ 2,377.5 $ 2,229.7 Fair value $ 2,436.5 $ 2,287.1

ACCUMULATED OTHER COMPREHENSI30

ACCUMULATED OTHER COMPREHENSIVE LOSS, NET (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables present for the two quarters ended June 30, 2017 and June 30, 2016 , respectively, the change in accumulated other comprehensive loss, net of tax, by component (in millions): Interest rate swap Equity method investee interest rate swaps Total Balance as of December 31, 2016 $ (1.4 ) $ 0.1 $ (1.3 ) Other comprehensive income (loss), net of tax Change in fair value of interest rate swap transaction (0.5 ) — (0.5 ) Amounts reclassified to net income from interest rate swap 1.2 — 1.2 Change in fair value of equity method investee interest rate swaps — — — Total other comprehensive income (loss), net of tax 0.7 — 0.7 Balance as of June 30, 2017 $ (0.7 ) $ 0.1 $ (0.6 ) Interest rate swaps Available for sale securities Equity method investee interest rate swaps Total Balance as of December 31, 2015 $ (2.7 ) $ 0.5 $ 0.1 $ (2.1 ) Other comprehensive income (loss), net of tax Change in fair value of interest rate swap transactions (2.1 ) — — (2.1 ) Amounts reclassified to net income from interest rate swaps 2.0 — — 2.0 Reclassification adjustment for gain on sale of available for sale securities recognized in net income — (0.5 ) — (0.5 ) Change in fair value of equity method investee interest rate swaps — — (0.7 ) (0.7 ) Total other comprehensive income (loss), net of tax (0.1 ) (0.5 ) (0.7 ) (1.3 ) Balance as of June 30, 2016 $ (2.8 ) $ — $ (0.6 ) $ (3.4 )

THE COMPANY AND BASIS OF PRES31

THE COMPANY AND BASIS OF PRESENTATION (Details)	Jun. 30, 2017screenstatetheatre
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of screens | screen	7,379
Number of theatres | theatre	566
Number of states in which entity operates | state	43

ACQUISITIONS (Details)

ACQUISITIONS (Details) $ in Millions	May 18, 2017USD ($)screentheatre	Apr. 18, 2017USD ($)	Apr. 13, 2017USD ($)screentheatre	Jun. 30, 2017USD ($)screentheatre
Business Acquisition [Line Items]
Number of theatres | theatre				566
Number of screens | screen				7,379
Payment to purchase land		$ 7.3
Santikos Theaters
Business Acquisition [Line Items]
Net cash purchase price			$ 29.8
Warren Theaters
Business Acquisition [Line Items]
Number of theatres | theatre	7
Net cash purchase price	$ 134.5
Transaction costs				$ 1
Houston, Texas | Santikos Theaters
Business Acquisition [Line Items]
Number of theatres | theatre			2
Number of screens | screen			41
Kansas and Oklahoma | Warren Theaters
Business Acquisition [Line Items]
Number of screens | screen	93

ACQUISITIONS Purchase Price All

ACQUISITIONS Purchase Price Allocation (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Goodwill	$ 353.6	$ 327
Santikos Theaters
Business Acquisition [Line Items]
Current assets	2
Land	28.8
Buildings, equipment and leasehold improvements	115.4
Noncompete agreements	3
Goodwill	26.6
Current liabilities	(4.1)
Other liabilities	(0.1)
Total purchase price	$ 171.6

ACQUISITIONS Pro forma (Details

ACQUISITIONS Pro forma (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Combinations [Abstract]
Revenues	$ 772.7	$ 811	$ 1,618.4	$ 1,622.4
Income from operations	58.5	77.4	159	159
Net income attributable to controlling interest	$ 23	$ 33.8	$ 72.3	$ 75.3

INVESTMENTS - Investment in Nat

INVESTMENTS - Investment in National CineMedia, LLC - Summary of Activity (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Earnings recognized from NCM
Balance as of end of period	$ (6.6)		$ (2.9)	$ (8.6)	$ (15.2)
National Cine Media
Investment in NCM
Balance as of December 31, 2016		$ 162		162
Receipt of additional common units				6.3
Receipt of excess cash distributions				(6.3)
Receipt under tax receivable agreement				(3.1)
Equity income attributable to additional common units				0.5
Change in interest loss				5.6
Balance as of June 30, 2017	153.8			153.8		$ 162
Deferred Revenue
Balance as of beginning of period		(425)		(425)
Receipt of additional common units				(6.3)
Amortization of deferred revenue				(6.3)
Balance as of end of period	(425)			(425)		(425)
Cash Received
Receipt under tax receivable agreement				7.6
Earnings recognized from NCM
Equity income attributable to additional common units				0.5
Other NCM Revenues
Amortization of deferred revenue				(6.3)
National Cine Media | Cash Received
Cash Received
Balance as of beginning of period		0		0
Receipt of excess cash distributions				15.5
Receipt under tax receivable agreement				7.6
Revenues earned under ESA				8.6
Balance as of end of period	$ 31.7			31.7		0
Earnings recognized from NCM
Receipt of excess cash distributions				(15.5)
Other NCM Revenues
Revenues earned under ESA				(8.6)
National Cine Media | Earnings recognized from NCM
Investment in NCM
Equity income attributable to additional common units				(0.5)
Change in interest loss		$ 5.6		5.6
Cash Received
Receipt of excess cash distributions				9.2
Receipt under tax receivable agreement				4.5
Earnings recognized from NCM
Receipt of excess cash distributions				(9.2)
Equity income attributable to additional common units				(0.5)
Balance as of end of period				8.6		0
National Cine Media | Other NCM Revenues
Deferred Revenue
Amortization of deferred revenue				(6.3)
Cash Received
Revenues earned under ESA				8.6
Other NCM Revenues
Revenues earned under ESA				(8.6)
Amortization of deferred revenue				(6.3)
Balance as of end of period				$ (14.9)		$ 0

INVESTMENTS - Investment in N36

INVESTMENTS - Investment in National CineMedia,LLC - Footnotes (Details) - National Cine Media - USD ($) shares in Millions, $ in Millions	Mar. 16, 2017	Mar. 31, 2017	Jun. 30, 2017
Equity method investments
Receipt of additional common units			$ 6.3
Payment received under tax receivable agreement			$ 7.6
Number of units owned (in shares)			27.6
Ownership interest, fully diluted basis (as a percent)			17.90%
Distributions received from equity method investment			$ 23.1
Payments for beverage concessionaire advertising			6.4
Change in interest loss			5.6
Other NCM Revenues
Equity method investments
Other revenues			8.6
Earnings recognized from NCM
Equity method investments
Payment received under tax receivable agreement			4.5
Change in interest loss		$ 5.6	5.6
Capital Unit, Class B
Equity method investments
Newly issued common units subsequent to IPO (in shares)	0.5
Distributions received from equity method investment			$ 9.4
Capital Units
Equity method investments
Receipt of additional common units	$ 6.3

INVESTMENTS - Investment in N37

INVESTMENTS - Investment in National CineMedia, LLC - Narrative (Details) - National Cine Media - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Equity method investments
Due from related parties	$ 2.9	$ 2.8
Due to related parties	$ 1.4	$ 1.3

INVESTMENTS - Investment in N38

INVESTMENTS - Investment in National CineMedia,LLC - Unaudited Consolidated Statements of Income (Details) - National Cine Media - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016
Equity method investments
Revenues	$ 71.9	$ 76.2
Income from operations	5.1	5.8
Net loss	$ (7.9)	$ (7.5)

INVESTMENTS - Investment in Dig

INVESTMENTS - Investment in Digital Cinema Implementation Partners - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)digitalprojectionsystemrenewal_option$ / digital_screen	Jun. 30, 2016USD ($)
DCIP
Equity method investments
Number of digital systems | digitalprojectionsystem	1,800
Equity method investment, economic interest (as a percent)	46.70%
Voting interest in investment	one-third
Percentage of voting interest	33.33%
Lease term (in years)	12 years
Leased digital projection systems, total rent | $	$ 3	$ 2.7
DCIP | Minimum
Equity method investments
Annual minimum rent per digital projection system, from effective date of agreement through the end of the lease term (in dollars per digital screen) | $ / digital_screen	1,000
DCIP | AMC
Equity method investments
Percentage of voting interest	33.33%
DCIP | Cinemark
Equity method investments
Percentage of voting interest	33.33%
DCIP | Regal Cinemas Inc
Equity method investments
Number and term of fair value renewal options	ten one-year
Number of renewal options | renewal_option	10
Period of renewal option (in years)	1 year

INVESTMENTS - Investment in D40

INVESTMENTS - Investment in Digital Cinema Implementation Partners - Change in Carrying Amount (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Changes in carrying amount of equity method investment:
Equity losses attributable to Open Road Films	$ 6.6	$ 2.9	$ 8.6	$ 15.2
DCIP
Changes in carrying amount of equity method investment:
Balance as of December 31, 2016			193.2
Equity contributions			0
Equity losses attributable to Open Road Films			23.2
Receipt of cash distributions			(8.4)
Change in fair value of equity method investee interest rate swap transactions			0.1
Balance as of June 30, 2017	$ 208.1		$ 208.1

INVESTMENTS - Investment in D41

INVESTMENTS - Investment in Digital Cinema Implementation Partners - Unaudited Consolidated Statements of Operations (Details) - DCIP - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Equity method investments
Net revenues	$ 47.1	$ 44.8	$ 92.6	$ 85.4
Income from operations	29.9	27.8	57.9	51.2
Net income	$ 25.6	$ 22.3	$ 49.8	$ 40.8

INVESTMENTS - Investment in Ope

INVESTMENTS - Investment in Open Road Films - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Equity method investments
Earnings recognized from NCM	$ (6,600,000)	$ (2,900,000)	$ (8,600,000)	$ (15,200,000)
Open Road Films
Equity method investments
Equity contributions			1,700,000
Earnings recognized from NCM	8,300,000		8,300,000
Estimated future commitment	0		0
Excess losses from equity method investments			42,700,000
Due from related parties	3,400,000		3,400,000		$ 4,200,000
Due to related parties					$ 2,100,000
Maximum | Open Road Films
Equity method investments
Cumulative cash investment	30,000,000		$ 30,000,000
Short-term Film Rental Advance | Open Road Films
Equity method investments
Earnings recognized from NCM	$ 5,000,000

INVESTMENTS - Investment in O43

INVESTMENTS - Investment in Open Road Films - Change in Carrying Amount (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Changes in carrying amount of equity method investment:
Equity losses attributable to Open Road Films	$ 6.6	$ 2.9	$ 8.6	$ 15.2
Open Road Films
Changes in carrying amount of equity method investment:
Balance as of December 31, 2016			(1.7)
Equity contributions and advances			6.7
Equity losses attributable to Open Road Films	(8.3)		(8.3)
Balance as of June 30, 2017	$ (3.3)		$ (3.3)

INVESTMENTS - Investment in O44

INVESTMENTS - Investment in Open Road Films - Unaudited Consolidated Statements of Operations (Details) - Open Road Films - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Equity method investments
Revenues	$ 18.8	$ 43.4	$ 78.3	$ 79
Income (loss) from operations	(0.1)	2.2	(1.7)	(23.1)
Net income (loss)	$ (1.3)	$ 1	$ (3.9)	$ (25.3)

DEBT OBLIGATIONS - Schedule of

DEBT OBLIGATIONS - Schedule of Debt (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total debt obligations	$ 2,484.3	$ 2,340.1
Less current portion	26.8	25.5
Less debt issuance costs, net of accumulated amortization	25.7	25.8
Total debt obligations, less current portion and debt issuance costs	2,431.8	2,288.8
Accumulated debt acquisition costs	19.8	18.5
Regal Cinemas Amended Senior Credit Facility, net of debt discount
Debt Instrument [Line Items]
Total debt obligations	1,102.5	954.7
Regal 53/4% Senior Notes Due 2022
Debt Instrument [Line Items]
Total debt obligations	$ 775	$ 775
Interest rate on debt (as a percent)	5.75%
Regal 53/4% Senior Notes Due 2025
Debt Instrument [Line Items]
Total debt obligations	$ 250	$ 250
Interest rate on debt (as a percent)	5.75%
Regal 53/4% Senior Notes Due 2023
Debt Instrument [Line Items]
Total debt obligations	$ 250	$ 250
Interest rate on debt (as a percent)	5.75%
Lease financing arrangements, weighted average interest rate of 11.23%, maturing in various installments through November 2028
Debt Instrument [Line Items]
Total debt obligations	$ 94.5	$ 97.1
Weighted average interest rate (as a percent)	11.23%
Capital lease obligations, 7.8% to 10.7%, maturing in various installments through December 2030
Debt Instrument [Line Items]
Total debt obligations	$ 8.1	9.2
Capital lease obligations, 7.8% to 10.7%, maturing in various installments through December 2030 | Minimum
Debt Instrument [Line Items]
Interest rate on debt (as a percent)	7.80%
Capital lease obligations, 7.8% to 10.7%, maturing in various installments through December 2030 | Maximum
Debt Instrument [Line Items]
Interest rate on debt (as a percent)	10.70%
Other
Debt Instrument [Line Items]
Total debt obligations	$ 4.2	$ 4.1

DEBT OBLIGATIONS - Narrative (D

DEBT OBLIGATIONS - Narrative (Details)

Jun. 06, 2017USD ($)

Apr. 02, 2015USD ($)

Mar. 11, 2014USD ($)

Jun. 13, 2013USD ($)

Jan. 17, 2013USD ($)

Jun. 30, 2017USD ($)

Dec. 31, 2016USD ($)

Jun. 30, 2016USD ($)

Jun. 30, 2017USD ($)

Jun. 30, 2016USD ($)

Dec. 02, 2016USD ($)

Jun. 01, 2016USD ($)

Debt Instrument [Line Items]

Loss on extinguishment of debt

$ 1,300,000

$ 1,500,000

$ 1,300,000

$ 1,500,000

Proceeds from Amended Senior Credit Facility

1,103,700,000

$ 958,500,000

Borrowings

2,484,300,000

$ 2,340,100,000

$ 2,484,300,000

Term Loan | Amended Senior Credit Facility

Debt Instrument [Line Items]

Aggregate principal amount

$ 965,800,000

Amortization (as a percent)

1.00%

Aggregate principal amount borrowed

$ 963,300,000

Term Loan | Amended Senior Credit Facility | Base Rate

Debt Instrument [Line Items]

Debt instrument base rate (as a percent)

1.00%

Receive Rate

base rate

Term Loan | Amended Senior Credit Facility | LIBOR

Debt Instrument [Line Items]

Debt instrument base rate (as a percent)

2.00%

Receive Rate

LIBOR

Frequency of payments (in months)

3 months

Term Loan | Previous Amended Senior Credit Facility

Debt Instrument [Line Items]

Outstanding principal

$ 963,200,000

Regal Cinemas Amended Senior Credit Facility, net of debt discount

Debt Instrument [Line Items]

Borrowings

$ 1,102,500,000

954,700,000

$ 1,102,500,000

Regal Cinemas Amended Senior Credit Facility, net of debt discount | Refinancing Agreement

Debt Instrument [Line Items]

Aggregate principal amount

$ 953,700,000

$ 956,100,000

$ 958,500,000

Amortization (as a percent)

1.00%

Loss on extinguishment of debt

$ 1,300,000

1,400,000

$ 1,500,000

New Term Loans

Debt Instrument [Line Items]

Effective interest rate (as a percent)

3.40%

3.40%

New Term Loans | Amended Senior Credit Facility | Base Rate

Debt Instrument [Line Items]

Debt instrument base rate (as a percent)

1.00%

New Term Loans | Amended Senior Credit Facility | LIBOR

Debt Instrument [Line Items]

Debt instrument base rate (as a percent)

2.00%

Receive Rate

LIBOR

New Term Loans | Refinancing Agreement

Debt Instrument [Line Items]

Penalty for early repayment of debt (as a percent)

1.00%

Additional Term Loans | Amended Senior Credit Facility

Debt Instrument [Line Items]

Aggregate principal amount

$ 200,000,000

Line of credit facility, accordion feature, increase limit

$ 150,000,000

Total leverage ratio

3

Proceeds from Amended Senior Credit Facility

$ 0

Outstanding letters of credit

$ 2,700,000

2,700,000

Amount available for drawing

82,300,000

82,300,000

Prior Term Facility

Debt Instrument [Line Items]

Borrowings

$ 954,700,000

Effective interest rate (as a percent)

3.56%

Regal 53/4% Senior Notes Due 2022

Debt Instrument [Line Items]

Aggregate principal amount borrowed

$ 775,000,000

Borrowings

$ 775,000,000

$ 775,000,000

$ 775,000,000

Interest rate on debt (as a percent)

5.75%

5.75%

Regal 53/4% Senior Notes Due 2025

Debt Instrument [Line Items]

Aggregate principal amount borrowed

$ 250,000,000

Borrowings

$ 250,000,000

$ 250,000,000

$ 250,000,000

Interest rate on debt (as a percent)

5.75%

5.75%

Regal 53/4% Senior Notes Due 2023

Debt Instrument [Line Items]

Aggregate principal amount borrowed

$ 250,000,000

Borrowings

$ 250,000,000

$ 250,000,000

$ 250,000,000

Interest rate on debt (as a percent)

5.75%

5.75%

Revolving Facility | Line of Credit | Amended Senior Credit Facility

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 85,000,000

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 18	$ 22.5	$ 48.7	$ 52.2
Effective tax rates (as a percent)	43.30%	40.10%	40.30%	41.30%
Valuation allowance	$ 23.5		$ 23.5		$ 34.5
Decrease in valuation allowance			11
Unrecognized tax benefits	6.2		6.2		10.9
Unrecognized tax benefits that would impact effective tax rate	3.9		3.9		5.4
Income tax penalties and interest accrued	$ 2		$ 2		$ 1.8

CAPITAL STOCK AND SHARE-BASED48

CAPITAL STOCK AND SHARE-BASED COMPENSATION - Capital Stock and Warrants (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2017$ / sharesshares	Jun. 30, 2017vote$ / sharesshares	Dec. 31, 2016$ / sharesshares	May 31, 2002shares
Capital stock
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000	50,000,000
Preferred stock, par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001	$ 0.001
Preferred stock, shares outstanding (in shares)	0	0	0
Preferred stock, shares issued (in shares)	0	0	0
Class A
Capital stock
Common stock, shares authorized (in shares)	500,000,000	500,000,000	500,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001	$ 0.001
Common stock, share issued (in shares)	133,324,481	133,324,481	133,080,279	18,000,000
Common stock, shares outstanding (in shares)	133,324,481	133,324,481	133,080,279
Votes per share of common stock | vote		1
Warrants, outstanding (in shares)	0	0
Class B
Capital stock
Common stock, shares authorized (in shares)	200,000,000	200,000,000	200,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001	$ 0.001
Common stock, share issued (in shares)	23,708,639	23,708,639	23,708,639
Common stock, shares outstanding (in shares)	23,708,639	23,708,639	23,708,639
Votes per share of common stock | vote		10
Warrants, outstanding (in shares)	0	0
Preferred Stock
Capital stock
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001
Preferred stock, shares outstanding (in shares)	0	0
Preferred stock, shares issued (in shares)	0	0
Selling Stockholders
Capital stock
Controlling stockholders, voting interest percentage	69.00%
Selling Stockholders | Class A
Capital stock
Investment in parent by controlling stockholder, number of shares issued and outstanding (in shares)	18,440,000	18,440,000
Controlling stockholders, voting interest percentage	13.80%
Selling Stockholders | Class B
Capital stock
Investment in parent by controlling stockholder, number of shares issued and outstanding (in shares)	23,708,639	23,708,639

CAPITAL STOCK AND SHARE-BASED49

CAPITAL STOCK AND SHARE-BASED COMPENSATION - Stock Options Narrative (Details) - Incentive Plan - Class A - shares	Jun. 30, 2017	May 09, 2012
Share-Based Compensation
Number of shares authorized under the awards (in shares)		5,000,000
Number of shares available for grant (in shares)	3,759,579

CAPITAL STOCK AND SHARE-BASED50

CAPITAL STOCK AND SHARE-BASED COMPENSATION - Restricted Stock Narrative (Details) - Restricted stock awards $ / shares in Units, $ in Millions	Jan. 11, 2017$ / sharesshares	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)dividend$ / sharesshares	Jun. 30, 2016USD ($)dividend$ / shares
Share-Based Compensation
Granted during the period (in shares)				217,366
Vesting period (in years)				1 year
Restricted stock withheld (in shares)				166,081
Cost of restricted stock withheld | $				$ 3.6
Vested during the period (in shares)				491,084
Conversion of performance shares during the period (in shares)				205,677
Period over which performance goals must be met to qualify for the award, from the anniversary of the grant date				one year anniversary
Recognized share-based compensation | $		$ 1	$ 1.1	$ 2.1	$ 1.9
Unrecognized share-based compensation | $		$ 6.8		$ 6.8
Number of dividends | dividend				2	2
Cash dividends (in dollars per share) | $ / shares				$ 0.22	$ 0.22
Cash dividends | $				$ 0.3	$ 0.4
Maximum
Share-Based Compensation
Assumed forfeiture rate (as a percent)		6.00%		6.00%
Class A common stock | Minimum
Share-Based Compensation
Closing price of common stock (in dollars per share) | $ / shares	$ 22.10
Officers and key employees | Class A common stock
Share-Based Compensation
Vesting period (in years)				4 years
Directors | Class A common stock
Share-Based Compensation
Period over which performance goals must be met to qualify for the award, from the anniversary of the grant date (as a percent)		100.00%		100.00%
Vesting period (in years)				1 year
2009 Performance Agreement | Officers and key employees | Class A common stock
Share-Based Compensation
Granted during the period (in shares)	217,366
Period over which performance goals must be met to qualify for the award, from the anniversary of the grant date (as a percent)		25.00%		25.00%

CAPITAL STOCK AND SHARE-BASED51

CAPITAL STOCK AND SHARE-BASED COMPENSATION - Restricted Stock Activity (Details) - Restricted stock awards	6 Months Ended
	Jun. 30, 2017shares
Share activity (in shares)
Unvested at beginning of period (in shares)	765,952
Granted during the period (in shares)	217,366
Vested during the period (in shares)	(491,084)
Forfeited during the period (in shares)	(12,760)
Conversion of performance shares during the period (in shares)	205,677
Unvested at end of period (in shares)	685,151

CAPITAL STOCK AND SHARE-BASED52

CAPITAL STOCK AND SHARE-BASED COMPENSATION - Performance Share Units Narrative (Details) - Performance Share Units - USD ($) $ / shares in Units, $ in Millions	Jan. 11, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Stock-based compensation activity
Granted during the period (in shares)				235,356
Period over which performance goals must be met to qualify for the award, from the anniversary of the grant date				fourth anniversary
Recognized share-based compensation		$ 1.3	$ 1.2	$ 2.4	$ 2.2
Unrecognized share-based compensation		$ 9.2		$ 9.2
Conversion of performance shares during the period (in shares)				205,677
Cash dividends				$ 0.7
Contingent shares issuable (in shares)				400,000
January 8, 2014 to January 8, 2017
Stock-based compensation activity
Cash dividends (in dollars per share)				$ 3.64
Maximum
Stock-based compensation activity
Assumed forfeiture rate (as a percent)		9.00%		9.00%
Class A
Stock-based compensation activity
Closing price of common stock (in dollars per share)	$ 22.10
2009 Performance Agreement
Stock-based compensation activity
Period over which performance goals must be met to qualify for the award, from the anniversary of the grant date				third anniversary
Officers and key employees
Stock-based compensation activity
Granted during the period (in shares)	235,356
Officers and key employees | 2009 Performance Agreement | Class A | Minimum
Stock-based compensation activity
Percentage of target numbers of common stock				0.00%
Officers and key employees | 2009 Performance Agreement | Class A | Maximum
Stock-based compensation activity
Percentage of target numbers of common stock				150.00%

CAPITAL STOCK AND SHARE-BASED53

CAPITAL STOCK AND SHARE-BASED COMPENSATION - Performance Share Units Activity (Details) - Performance Share Units	6 Months Ended
	Jun. 30, 2017shares
Share activity (in shares)
Unvested at beginning of period (in shares)	698,709
Granted (based on target) during the period (in shares)	235,356
Cancelled/forfeited during the period (in shares)	(8,457)
Conversion to restricted shares during the period (in shares)	(205,677)
Unvested at end of period (in shares)	719,931

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Reserve for litigation proceedings	$ 3.3	$ 3.5

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - Anschutz affiliates - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Rent and Other Expenses | Regal Cinemas Corporation ("Regal Cinemas")
Related party transactions
Rent and other expenses (less than)	$ 0.1	$ 0.1	$ 0.1	$ 0.1
Management Fees, Theatre Site
Related party transactions
Management fees	$ 0.2	$ 0.2	$ 0.4	$ 0.4

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Numerator:
Allocation of earnings for basic computation	$ 23.6	$ 33.5	$ 72	$ 74.2
Denominator:
Weighted average common shares outstanding (in thousands) (in shares)	156,348	156,025	156,321	156,025
Basic earnings per share (in dollars per share)	$ 0.15	$ 0.21	$ 0.46	$ 0.48
Numerator:
Allocation of earnings for basic computation	$ 23.6	$ 33.5	$ 72	$ 74.2
Denominator:
Weighted average common shares outstanding (in thousands) (in shares)	156,348	156,025	156,321	156,025
Weighted average effect of dilutive securities (in thousands)
Number of shares used in per share computations (in shares)	156,945	156,722	156,992	156,751
Diluted earnings per share (in dollars per share)	$ 0.15	$ 0.21	$ 0.46	$ 0.47
Class A
Numerator:
Allocation of earnings for basic computation	$ 20	$ 28.4	$ 61.1	$ 62.9
Denominator:
Weighted average common shares outstanding (in thousands) (in shares)	132,639	132,316	132,612	132,316
Basic earnings per share (in dollars per share)	$ 0.15	$ 0.21	$ 0.46	$ 0.48
Numerator:
Allocation of earnings for basic computation	$ 20	$ 28.4	$ 61.1	$ 62.9
Reallocation of earnings as a result of conversion of Class B to Class A shares	3.6	5.1	10.9	11.3
Allocation of earnings	$ 23.6	$ 33.5	$ 72	$ 74.2
Denominator:
Weighted average common shares outstanding (in thousands) (in shares)	132,639	132,316	132,612	132,316
Weighted average effect of dilutive securities (in thousands)
Conversion of Class B to Class A common shares outstanding (in shares)	23,709	23,709	23,709	23,709
Restricted stock and performance shares (in shares)	597	697	671	726
Number of shares used in per share computations (in shares)	156,945	156,722	156,992	156,751
Diluted earnings per share (in dollars per share)	$ 0.15	$ 0.21	$ 0.46	$ 0.47
Class B
Numerator:
Allocation of earnings for basic computation	$ 3.6	$ 5.1	$ 10.9	$ 11.3
Denominator:
Weighted average common shares outstanding (in thousands) (in shares)	23,709	23,709	23,709	23,709
Basic earnings per share (in dollars per share)	$ 0.15	$ 0.21	$ 0.46	$ 0.48
Numerator:
Allocation of earnings for basic computation	$ 3.6	$ 5.1	$ 10.9	$ 11.3
Reallocation of earnings as a result of conversion of Class B to Class A shares	0	0	0	(0.1)
Allocation of earnings	$ 3.6	$ 5.1	$ 10.9	$ 11.2
Denominator:
Weighted average common shares outstanding (in thousands) (in shares)	23,709	23,709	23,709	23,709
Weighted average effect of dilutive securities (in thousands)
Conversion of Class B to Class A common shares outstanding (in shares)	0	0	0	0
Restricted stock and performance shares (in shares)	0	0	0	0
Number of shares used in per share computations (in shares)	23,709	23,709	23,709	23,709
Diluted earnings per share (in dollars per share)	$ 0.15	$ 0.21	$ 0.46	$ 0.47

RECENT ACCOUNTING PRONOUNCEME57

RECENT ACCOUNTING PRONOUNCEMENTS (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)shares
Share-Based Compensation
Share-based compensation, excess tax benefit | $	$ 1.2
Restricted stock awards
Share-Based Compensation
Vested during the period (in shares) | shares	491,084

DERIVATIVE INSTRUMENTS - Schedu

DERIVATIVE INSTRUMENTS - Schedule of Interest Rate Swaps (Details) - Designated as Hedging Instrument - Interest Rate Swaps - Cash Flow Hedging - $200.0 million	6 Months Ended
	Jun. 30, 2017USD ($)
Derivative [Line Items]
Nominal Amount	$ 200,000,000
Gross Fair Value at June 30, 2017	$ (1,600,000)
Maximum
Derivative [Line Items]
Fixed Rate	2.165%
1-month LIBOR
Derivative [Line Items]
Receive Rate	1-month LIBOR

DERIVATIVE INSTRUMENTS - Intere

DERIVATIVE INSTRUMENTS - Interest Rate Swaps Narrative (Details) - Interest Rate Swaps	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)agreement	Apr. 02, 2015agreement
$350 million | 3-month LIBOR
Derivative [Line Items]
Number of interest rate swap agreements | agreement			2
Nominal Amount	$ 350,000,000
$150 million | 3-month LIBOR
Derivative [Line Items]
Number of interest rate swap agreements | agreement		1
Nominal Amount		$ 150,000,000
Cash Flow Hedging
Derivative [Line Items]
Pre-tax losses reclassified in next 12 months	1,200,000
Designated as Hedging Instrument | Cash Flow Hedging | $200.0 million
Derivative [Line Items]
Nominal Amount	$ 200,000,000

FAIR VALUE OF FINANCIAL INSTR60

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Liabilities:
Fair value transfers in and out of Level 3	$ 0	$ 0
Impairment of long-lived assets	4,100,000	3,000,000
Impairment of equity method investment	0	$ 0
Recurring basis
Liabilities:
Total liabilities at fair value	1,600,000		$ 3,000,000
Recurring basis | Quoted prices in active market (Level 1)
Liabilities:
Total liabilities at fair value	0		0
Recurring basis | Significant other observable inputs (Level 2)
Liabilities:
Total liabilities at fair value	1,600,000		3,000,000
Recurring basis | Significant unobservable inputs (Level 3)
Liabilities:
Total liabilities at fair value	0		0
Cash Flow Hedging | Accrued Expenses | Recurring basis
Liabilities:
Interest rate swaps	1,600,000		2,300,000
Cash Flow Hedging | Accrued Expenses | Recurring basis | Quoted prices in active market (Level 1)
Liabilities:
Interest rate swaps	0		0
Cash Flow Hedging | Accrued Expenses | Recurring basis | Significant other observable inputs (Level 2)
Liabilities:
Interest rate swaps	1,600,000		2,300,000
Cash Flow Hedging | Accrued Expenses | Recurring basis | Significant unobservable inputs (Level 3)
Liabilities:
Interest rate swaps	$ 0		0
Cash Flow Hedging | Other Non-Current Liabilities | Recurring basis
Liabilities:
Interest rate swaps			700,000
Cash Flow Hedging | Other Non-Current Liabilities | Recurring basis | Quoted prices in active market (Level 1)
Liabilities:
Interest rate swaps			0
Cash Flow Hedging | Other Non-Current Liabilities | Recurring basis | Significant other observable inputs (Level 2)
Liabilities:
Interest rate swaps			700,000
Cash Flow Hedging | Other Non-Current Liabilities | Recurring basis | Significant unobservable inputs (Level 3)
Liabilities:
Interest rate swaps			$ 0

FAIR VALUE OF FINANCIAL INSTR61

FAIR VALUE OF FINANCIAL INSTRUMENTS - Long-term Obligations (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Regal 53/4% Senior Notes Due 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate on debt (as a percent)	5.75%
Regal 5 3/4% Senior Notes due 2025
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate on debt (as a percent)	5.75%
Regal 5 3/4% Senior Notes due 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate on debt (as a percent)	5.75%
Carrying value
Aggregate carrying values and fair values of long-term debt
Long term obligations, excluding capital lease obligations, lease financing arrangements and other	$ 2,377.5	$ 2,229.7
Fair value
Aggregate carrying values and fair values of long-term debt
Long term obligations, excluding capital lease obligations, lease financing arrangements and other	$ 2,436.5	$ 2,287.1

ACCUMULATED OTHER COMPREHENSI62

ACCUMULATED OTHER COMPREHENSIVE LOSS, NET (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss, net, beginning of period			$ (838.9)
Other comprehensive income (loss), net of tax
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	$ 0.2	$ 0.1	0.7	$ (1.3)
Accumulated other comprehensive loss, net, end of period	(835)		(835)
Interest rate swap
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss, net, beginning of period			(1.4)	(2.7)
Other comprehensive income (loss), net of tax
Change in fair value of interest rate swap transaction			(0.5)	(2.1)
Amounts reclassified to net income from interest rate swap			1.2	2
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX			0.7	(0.1)
Accumulated other comprehensive loss, net, end of period	(0.7)	(2.8)	(0.7)	(2.8)
Available for sale securities
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss, net, beginning of period				0.5
Other comprehensive income (loss), net of tax
Amounts reclassified to net income from interest rate swap				(0.5)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX				(0.5)
Accumulated other comprehensive loss, net, end of period		0		0
Equity method investee interest rate swaps
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss, net, beginning of period			0.1	0.1
Other comprehensive income (loss), net of tax
Change in fair value of interest rate swap transaction			0	(0.7)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX			0	(0.7)
Accumulated other comprehensive loss, net, end of period	0.1	(0.6)	0.1	(0.6)
Total
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss, net, beginning of period			(1.3)	(2.1)
Other comprehensive income (loss), net of tax
Accumulated other comprehensive loss, net, end of period	$ (0.6)	$ (3.4)	$ (0.6)	$ (3.4)

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ / shares in Units, $ in Millions	Aug. 04, 2017	Jul. 26, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Subsequent Event [Line Items]
Dividends declared (in dollars per share)			$ 0.22	$ 0.22	$ 0.44	$ 0.44
Subsequent Event | Class A
Subsequent Event [Line Items]
Dividends declared (in dollars per share)		$ 0.22
Subsequent Event | Class B
Subsequent Event [Line Items]
Dividends declared (in dollars per share)		$ 0.22
Open Road Films | Subsequent Event
Subsequent Event [Line Items]
Equity method investment, economic interest (as a percent)	50.00%
Proceeds from Open Road Films	$ 14