Cinemark (CNK) 10-Q 8 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 31, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Trading Symbol	CNK
Entity Registrant Name	Cinemark Holdings, Inc.
Entity Central Index Key	1,385,280
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		116,197,798

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Sep. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents		$ 527,111	$ 588,539
Inventories		15,482	15,954
Accounts receivable		62,480	74,287
Current income tax receivable		3,800	22,877
Prepaid expenses and other		18,047	13,494
Total current assets		626,920	715,151
Theatre properties and equipment		2,935,199	2,687,391
Less accumulated depreciation and amortization		1,322,090	1,182,322
Theatre properties and equipment, net		1,613,109	1,505,069
Other assets
Goodwill	[1]	1,262,445	1,247,548
Intangible assets - net		336,207	339,644
Investments in and advances to affiliates		100,621	94,973
Long-term deferred tax asset		2,127	2,114
Deferred charges and other assets - net		42,324	38,243
Total other assets		1,936,590	1,906,277
Total assets		4,176,619	4,126,497
Current liabilities
Current portion of long-term debt		4,244	8,405
Current portion of capital lease obligations		19,562	18,780
Current income tax payable		9,244	7,332
Current liability for uncertain tax positions		10,064	9,155
Accounts payable and accrued expenses		304,095	396,121
Total current liabilities		347,209	439,793
Long-term liabilities
Long-term debt, less current portion		1,786,549	1,772,930
Capital lease obligations, less current portion		209,020	208,952
Long-term deferred tax liability		156,941	139,905
Long-term liability for uncertain tax positions		7,825	7,853
Deferred lease expenses		42,579	43,333
Other long-term liabilities		46,588	60,784
Total long-term liabilities		2,595,794	2,575,891
Commitments and contingencies (see Note 16)
Cinemark Holdings, Inc.'s stockholders' equity:
Common stock, $0.001 par value: 300,000,000 shares authorized, 120,644,247 shares issued and 116,200,031 shares outstanding at September 30, 2016 and 120,107,563 shares issued and 115,924,059 shares outstanding at December 31, 2015		121	120
Additional paid-in-capital		1,125,263	1,113,219
Treasury stock, 4,444,216 and 4,183,504 shares, at cost, at September 30, 2016 and December 31, 2015, respectively		(73,405)	(66,577)
Retained earnings		408,241	324,632
Accumulated other comprehensive loss		(238,672)	(271,686)
Total Cinemark Holdings, Inc.'s stockholders' equity		1,221,548	1,099,708
Noncontrolling interests		12,068	11,105
Total equity		1,233,616	1,110,813
Total liabilities and equity		4,176,619	4,126,497
NCM
Other assets
Investment in NCM		192,866	183,755
Long-term liabilities
Deferred revenue - NCM		$ 346,292	$ 342,134
[1]	Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment.

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2016	Dec. 31, 2015
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	120,644,247	120,107,563
Common stock, shares outstanding	116,200,031	115,924,059
Treasury stock, shares	4,444,216	4,183,504

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenues
Admissions		$ 472,842	$ 432,136	$ 1,364,737	$ 1,335,761
Concession		261,391	230,233	752,798	704,190
Other		34,341	37,687	100,312	105,435
Total revenues		768,574	700,056	2,217,847	2,145,386
Cost of operations
Film rentals and advertising		249,766	227,571	733,101	713,306
Concession supplies		41,888	36,039	116,999	109,445
Salaries and wages		84,460	76,510	243,833	222,261
Facility lease expense		82,848	80,604	241,904	242,612
Utilities and other		94,999	93,430	265,506	269,152
General and administrative expenses		35,290	39,099	109,143	116,301
Depreciation and amortization		54,187	47,543	155,874	139,444
Impairment of long-lived assets		406	633	2,323	4,955
(Gain) loss on sale of assets and other		6,940	(500)	10,985	3,852
Total cost of operations		650,784	600,929	1,879,668	1,821,328
Operating income		117,790	99,127	338,179	324,058
Other income (expense)
Interest expense	[1]	(26,659)	(28,419)	(81,980)	(84,930)
Loss on debt amendments and refinancing				(13,284)	(925)
Interest income		1,665	2,389	5,030	6,783
Foreign currency exchange gain (loss)		485	(11,935)	2,883	(18,702)
Distributions from NCM		1,381	4,601	10,117	13,100
Equity in income of affiliates		12,390	11,047	24,597	20,372
Total other expense		(10,738)	(22,317)	(52,637)	(64,302)
Income before income taxes		107,052	76,810	285,542	259,756
Income taxes		40,926	30,109	106,002	99,263
Net income		66,126	46,701	179,540	160,493
Less: Net income attributable to noncontrolling interests		471	362	1,454	1,375
Net income attributable to Cinemark Holdings, Inc.		$ 65,655	$ 46,339	$ 178,086	$ 159,118
Weighted average shares outstanding
Basic		115,601	115,164	115,475	115,051
Diluted		115,793	115,356	115,706	115,279
Earnings per share attributable to Cinemark Holdings, Inc.'s common stockholders
Basic		$ 0.56	$ 0.40	$ 1.53	$ 1.37
Diluted		0.56	0.40	1.53	1.37
Dividends declared per common share		$ 0.27	$ 0.25	$ 0.81	$ 0.75
[1]	Includes amortization of debt issue costs.

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Net income	$ 66,126	$ 46,701	$ 179,540	$ 160,493
Other comprehensive income (loss), net of tax
Unrealized gain due to fair value adjustments on interest rate swap agreements, net of settlements, net of taxes of $0, $454, $138 and $1,412		767	234	2,379
Unrealized loss due to fair value adjustments on available-for-sale securities, net of taxes of $0, $1,234, $0 and $998		(2,092)		(1,680)
Other comprehensive loss in equity method investments	(7)	(72)	(183)	(3,010)
Foreign currency translation adjustments	(3,669)	(59,181)	34,998	(105,228)
Total other comprehensive income (loss), net of tax	(3,676)	(60,578)	35,049	(107,539)
Total comprehensive income (loss), net of tax	62,450	(13,877)	214,589	52,954
Comprehensive income attributable to noncontrolling interests	(475)	(327)	(1,478)	(1,340)
Comprehensive income (loss) attributable to Cinemark Holdings, Inc.	$ 61,975	$ (14,204)	$ 213,111	$ 51,614

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Unrealized gain due to fair value adjustments on interest rate swap agreements, tax	$ 0	$ 454	$ 138	$ 1,412
Unrealized loss due to fair value adjustments on available-for-sale securities, tax	$ 0	$ 1,234	$ 0	$ 998

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015
Operating activities
Net income		$ 179,540	$ 160,493
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation		154,308	137,683
Amortization of intangible and other assets and favorable/unfavorable leases		1,566	1,761
Amortization of long-term prepaid rents		1,357	1,901
Amortization of debt issue costs		4,068	3,876
Amortization of deferred revenues, deferred lease incentives and other		(13,017)	(11,959)
Impairment of long-lived assets		2,323	4,955
Share based awards compensation expense		10,247	9,850
Loss on sale of assets and other		10,985	3,852
Write-off of unamortized debt issue costs associated with early retirement of debt		2,369
Deferred lease expenses		(809)	(1,809)
Equity in income of affiliates		(24,597)	(20,372)
Deferred income tax expenses		16,382	(9,570)
Distributions from equity investees	[1]	9,660	12,679
Changes in assets and liabilities and other		(76,102)	(67,003)
Net cash provided by operating activities		278,280	226,337
Investing activities
Additions to theatre properties and equipment and other		(230,346)	(232,351)
Proceeds from sale of theatre properties and equipment and other		3,398	6,283
Proceeds from sale of marketable securities		13,451
Investment in joint ventures and other		(1,703)	(3,180)
Net cash used for investing activities		(230,500)	(231,899)
Financing activities
Dividends paid to stockholders		(94,117)	(86,882)
Payroll taxes paid as a result of restricted stock withholdings		(6,828)	(4,770)
Proceeds from issuance of Senior Notes, net of discount		222,750
Retirement of Senior Subordinated Notes		(200,000)
Repayments of long-term debt		(15,217)	(5,274)
Payment of debt issue costs		(4,504)	(6,957)
Payments on capital leases		(14,655)	(12,201)
Other		1,282	2,123
Net cash used for financing activities		(111,289)	(113,961)
Effect of exchange rate changes on cash and cash equivalents		2,081	(16,432)
Decrease in cash and cash equivalents		(61,428)	(135,955)
Cash and cash equivalents:
Beginning of period		588,539	638,869
End of period		527,111	502,914
Brazil
Investing activities
Acquisition of theatres			$ (2,651)
U.S.
Investing activities
Acquisition of theatres		$ (15,300)
[1]	Includes cash distributions received from equity investees that were recorded as a reduction of the respective investment balances. In an effort to more closely align our reported Adjusted EBITDA with our operating cash flow, which provides our chief operating decision maker with more comprehensive cash flow information, and for consistency with our peers, beginning with the three months ended March 31, 2016, Adjusted EBITDA now includes total cash distributions received from equity investees, including the cash distributions recorded as a reduction of the respective investment balance. Adjusted EBITDA for the three and nine months ended September 30, 2015 has been adjusted to reflect comparable presentations.

The Company and Basis of Presen

The Company and Basis of Presentation	9 Months Ended
	Sep. 30, 2016
The Company and Basis of Presentation	1. The Company and Basis of Presentation Cinemark Holdings, Inc. and subsidiaries (the “Company”) operates in the motion picture exhibition industry, with theatres in the United States (“U.S.”), Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay. The accompanying condensed consolidated balance sheet as of December 31, 2015, which was derived from audited financial statements, and the unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements. In the opinion of management, all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with U.S. GAAP 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. Majority-owned subsidiaries that the Company has control of 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 condensed consolidated financial statements effective with their formation or from their dates of acquisition. Intercompany balances and transactions are eliminated in consolidation. These condensed consolidated financial statements should be read in conjunction with the audited annual consolidated financial statements and the notes thereto for the year ended December 31, 2015, included in the Annual Report on Form 10-K filed February 24, 2016 by the Company under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Operating results for the three and nine months ended September 30, 2016 are not necessarily indicative of the results to be achieved for the full year. Accounting Reclassifications The Company has reclassified $8,844 and $24,071 in expenses from film rentals and advertising costs to utilities and other costs on the condensed consolidated statement of income for the three and nine months ended September 30, 2015, respectively, to be consistent with the presentation for the three and nine months ended September 30, 2016. During the nine months ended September 30, 2016, the Company determined that reclassifying the expenses, which are related to the maintenance and monitoring of projection and sound equipment, results in a more clear presentation of film rentals and advertising costs.

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
	Sep. 30, 2016
New Accounting Pronouncements	2. New Accounting Pronouncements In February 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) In March 2016, the FASB issued Accounting Standards Update 2016-04, Liabilities – Extinguishment of Liabilities (Subtopic 405-20) In March 2016, the FASB issued Accounting Standards Update 2016-07, Investments – Equity Method and Joint Ventures (Topic 323) In March 2016, the FASB issued Accounting Standards Update 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenues Gross versus Net) Revenue from Contracts with Customers (Topic 606) In March 2016, the FASB issued Accounting Standards Update 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In May 2016, the FASB issued Accounting Standards Update 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients, Revenue from Contracts with Customers (Topic 606) In August 2016, the FASB issued Accounting Standards Update 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments – a consensus of the FASB Emerging Issues Task Force, In October 2016, the FASB issued Accounting Standards Update 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2016
Earnings Per Share	3. Earnings Per Share The Company considers its unvested restricted stock awards, which contain non-forfeitable rights to dividends, participating securities, and includes such participating securities in its computation of earnings per share pursuant to the two-class method. Basic earnings per share for the two classes of stock (common stock and unvested restricted stock) is calculated by dividing net income by the weighted average number of shares of common stock and unvested restricted stock outstanding during the reporting period. Diluted earnings per share is calculated using the weighted average number of shares of common stock plus the potentially dilutive effect of common equivalent shares outstanding determined under both the two class method and the treasury stock method. The following table presents computations of basic and diluted earnings per share under the two-class method: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Numerator: Net income attributable to Cinemark Holdings, Inc. $ 65,655 $ 46,339 $ 178,086 $ 159,118 Earnings allocated to participating share-based awards (1) (336 ) (304 ) (805 ) (938 ) Net income attributable to common stockholders $ 65,319 $ 46,035 $ 177,281 $ 158,180 Denominator Basic weighted average common stock outstanding 115,601 115,164 115,475 115,051 Common equivalent shares for restricted stock units 192 192 231 228 Diluted 115,793 115,356 115,706 115,279 Basic earnings per share attributable to common stockholders $ 0.56 $ 0.40 $ 1.53 $ 1.37 Diluted earnings per share attributable to common stockholders $ 0.56 $ 0.40 $ 1.53 $ 1.37 (1) For the three months ended September 30, 2016 and 2015, a weighted average of approximately 596 and 762 shares of unvested restricted stock, respectively, were considered participating securities. For the nine months ended September 30, 2016 and 2015, a weighted average of approximately 526 and 684 shares of unvested restricted stock, respectively, were considered participating securities.

Long Term Debt Activity

Long Term Debt Activity	9 Months Ended
	Sep. 30, 2016
Long Term Debt Activity	4. Long Term Debt Activity Senior Secured Credit Facility On May 16, 2016, Cinemark USA, Inc. made a pre-payment of $13,451 on its term loan using the net proceeds received from the sale of shares of RealD (see Note 7). In accordance with the terms of the senior secured credit facility agreement, the pre-payment was applied first to the next four principal installments, and second, to the remaining installments pro-rata based on the remaining outstanding principal amount of such installments. Therefore, quarterly payments in the amount of $1,427 are due on the term loan beginning June 30, 2017 through March 31, 2022, with the remaining principal of $635,250 due on May 8, 2022. The Company did not incur any fees as a result of the pre-payment. On June 13, 2016, Cinemark USA, Inc., our wholly-owned subsidiary, amended its senior secured credit facility to reduce the rate at which the term loan bears interest by 0.25%. The Company incurred debt issue costs of approximately $802 in connection with the amendment, which are reflected as a reduction of long term debt on the condensed consolidated balance sheet as of September 30, 2016. In addition, the Company incurred approximately $249 in legal and other fees that are reflected as loss on debt amendments and refinancing on the condensed consolidated statements of income for the nine months ended September 30, 2016. Issuance of Additional 4.875% Senior Notes On March 21, 2016, Cinemark USA, Inc. issued an additional $225,000 aggregate principal amount of 4.875% senior notes due 2023 (the “4.875% Senior Notes”), at 99.0% of the principal amount plus accrued and unpaid interest from December 1, 2015. Proceeds, after payment of fees, were used to finance the redemption of Cinemark, USA, Inc.’s $200,000 7.375% senior subordinated notes due 2021 (the “7.375% Senior Subordinated Notes”), as discussed below. These additional notes have identical terms, other than the issue date, the issue price and the first interest payment date, and constitute part of the same series as Cinemark USA, Inc.’s existing 4.875% Senior Notes. The aggregate principal amount of $755,000 of 4.875% Senior Notes mature on June 1, 2023. The Company incurred debt issue costs of approximately $3,702 in connection with the issuance of the additional notes, which, along with the discount of $2,250, are reflected as a reduction of long term debt, net of accumulated amortization, as of September 30, 2016. On April 5, 2016, Cinemark USA, Inc. and its guarantor subsidiaries filed a registration statement with the Securities and Exchange Commission (the “Commission”), pursuant to which Cinemark USA, Inc. offered to exchange the additional 4.875% Senior Notes for substantially identical notes registered under the Securities Act of 1933, as amended, that do not contain terms restricting the transfer thereof or providing for registration rights. The registration statement was declared effective April 18, 2016, and the notes were exchanged on May 17, 2016. Redemption of 7.375% Senior Subordinated Notes On March 21, 2016, Cinemark USA, Inc. redeemed its $200,000 7.375% Senior Subordinated Notes at a make-whole premium of approximately 104% plus accrued and unpaid interest, utilizing the proceeds from the issuance of the additional $225,000 Cinemark USA, Inc. 4.875% Senior Notes discussed above. As a result of the redemption, the Company wrote-off approximately $2,369 in unamortized debt issue costs, paid the make-whole premium of $9,444 and paid other fees of $1,222, all of which are reflected in loss on debt amendments and refinancing during the nine months ended September 30, 2016. Fair Value of Long-Term Debt The Company estimates the fair value of its long-term debt using the market approach, which utilizes quoted market prices that fall under Level 2 of the U.S. GAAP fair value hierarchy as defined by FASB ASC Topic 820-10-35, Fair Value Measurement

Equity

Equity	9 Months Ended
	Sep. 30, 2016
Equity	5. Equity Below is a summary of changes in stockholders’ equity attributable to Cinemark Holdings, Inc., noncontrolling interests and total equity for the nine months ended September 30, 2016 and 2015: Cinemark Holdings, Inc. Stockholders’ Noncontrolling Total Equity Interests Equity Balance at January 1, 2016 $ 1,099,708 $ 11,105 $ 1,110,813 Share based awards compensation expense 10,247 — 10,247 Stock withholdings related to share based awards that vested during the nine months ended September 30, 2016 (6,828 ) — (6,828 ) Issuance of common stock related to restricted stock units that vested during the nine months ended September 30, 2016 1 — 1 Tax benefit related to share based awards vesting 1,797 — 1,797 Dividends paid to stockholders (1) (94,117 ) — (94,117 ) Dividends accrued on unvested restricted stock unit awards (1) (360 ) — (360 ) Dividends paid to noncontrolling interests — (515 ) (515 ) Net income 178,086 1,454 179,540 Fair value adjustments on interest rate swap agreements designated as hedges, net of settlements, net of taxes of $138 234 — 234 Gain realized on available-for-sale securities, net of taxes of $1,180 (2,011 ) — (2,011 ) Other comprehensive loss in equity method investees (183 ) — (183 ) Foreign currency translation adjustments 34,974 24 34,998 Balance at September 30, 2016 $ 1,221,548 $ 12,068 $ 1,233,616 (1) Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2016: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total 02/24/16 03/07/16 03/18/16 $ 0.27 $ 31,367 05/26/16 06/08/16 06/22/16 $ 0.27 31,373 08/18/16 08/31/16 09/13/16 $ 0.27 31,737 Total $ 0.81 $ 94,477 Cinemark Holdings, Inc. Stockholders’ Noncontrolling Total Equity Interests Equity Balance at January 1, 2015 $ 1,112,800 $ 10,329 $ 1,123,129 Share based awards compensation expense 9,850 — 9,850 Stock withholdings related to share based awards that vested during the nine months ended September 30, 2015 (4,770 ) — (4,770 ) Tax benefit related to share based awards vesting and dividends paid on unvested stock 2,417 — 2,417 Dividends paid to stockholders (1) (86,882 ) — (86,882 ) Dividends accrued on unvested restricted stock unit awards (1) (298 ) — (298 ) Dividends paid to noncontrolling interests — (294 ) (294 ) Net income 159,118 1,375 160,493 Fair value adjustments on interest rate swap agreements designated as hedges, net of settlements, net of taxes of $1,412 2,379 — 2,379 Fair value adjustments on available-for-sale securities, net of taxes of $998 (1,680 ) — (1,680 ) Other comprehensive loss in equity method investees (3,010 ) — (3,010 ) Foreign currency translation adjustments (105,193 ) (35 ) (105,228 ) Balance at September 30, 2015 $ 1,084,731 $ 11,375 $ 1,096,106 (2) Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2015: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total 02/17/15 03/04/15 03/19/15 $ 0.25 $ 29,024 05/18/15 06/05/15 06/19/15 $ 0.25 29,076 08/20/15 08/31/15 09/11/15 $ 0.25 29,080 Total $ 0.75 $ 87,180

Investment in National CineMedi

Investment in National CineMedia	9 Months Ended
	Sep. 30, 2016
NCM
Investment in National CineMedia	6. Investment in National CineMedia The Company has an investment in National CineMedia, LLC (“NCM”). NCM operates a digital in-theatre network in the U.S. for providing cinema advertising. Upon joining NCM, the Company entered into an Exhibitor Services Agreement with NCM (“ESA”), pursuant to which NCM provides advertising, promotion and event services to our theatres. As described further in Note 6 to the Company’s financial statements as included in its 2015 Annual Report on Form 10-K, on February 13, 2007, National CineMedia, Inc. (“NCM, Inc.”), an entity that serves as the sole manager of NCM, completed an initial public offering (“IPO”) of its common stock. In connection with the NCM Inc. initial public offering, the Company amended its operating agreement and the ESA. Following the NCM, Inc. IPO, the Company does not recognize undistributed equity in the earnings on its original NCM membership units (referred to herein as the Company’s Tranche 1 Investment) until NCM’s future net earnings, less distributions received, surpass the amount of the excess distribution. The Company recognizes equity in earnings on its Tranche 1 Investment only to the extent it receives cash distributions from NCM. The Company recognizes cash distributions it receives from NCM on its Tranche 1 Investment as a component of earnings as Distributions from NCM. The Company believes that the accounting model provided by ASC 323-10-35-22 for recognition of equity investee losses in excess of an investor’s basis is analogous to the accounting for equity income subsequent to recognizing an excess distribution. Below is a summary of activity with NCM included in the Company’s condensed consolidated financial statements: Distributions Investment Deferred from Equity in Other Cash in NCM Revenue NCM Income Revenue Received Balance as of January 1, 2016 $ 183,755 $ (342,134 ) Receipt of common units due to annual common unit adjustment 11,111 (11,111 ) $ — $ — $ — $ — Revenues earned under ESA (1) — — — — (8,345 ) 8,345 Receipt of excess cash distributions (6,895 ) — (7,176 ) — — 14,071 Receipt under tax receivable agreement (2,765 ) — (2,941 ) — — 5,706 Equity in earnings 7,660 — — (7,660 ) — — Amortization of deferred revenue — 6,953 — — (6,953 ) — Balance as of and for the nine month period ended September 30, 2016 $ 192,866 $ (346,292 ) $ (10,117 ) $ (7,660 ) $ (15,298 ) $ 28,122 (1) Amount includes the per patron and per digital screen theatre access fees due to the Company, net of amounts due to NCM for on-screen advertising time provided to the Company’s beverage concessionaire of approximately $8,002. During the three months ended September 30, 2016 and 2015, the Company recorded equity in earnings of approximately $5,815 and $6,263, respectively. During the nine months ended September 30, 2016 and 2015, the Company recorded equity in earnings of approximately $7,660 and $6,672, respectively. The Company made payments to NCM of approximately $41 and $39 during the nine months ended September 30, 2016 and 2015, respectively, related to installation of certain equipment used for digital advertising, which is included in theatre properties and equipment on the condensed consolidated balance sheets. On March 16, 2015, NCM, Inc. announced that it had agreed with Screenvision, LLC (“Screenvision”) to terminate a merger agreement under which it would have acquired Screenvision. The termination of the merger agreement resulted in a $26.8 million termination payment to Screenvision by NCM, Inc. NCM indemnified NCM, Inc. for the termination fee. The impact of the termination payment and related merger costs resulted in NCM paying reduced excess cash distributions to its shareholders for the first quarter of 2015 and the second quarter of 2016, as required by NCM’s Amended and Restated Operating Agreement. Pursuant to a Common Unit Adjustment Agreement dated as of February 13, 2007 between NCM, Inc. and the Company, AMC Entertainment, Inc. (“AMC”) and Regal Entertainment Group (“Regal”), annual adjustments to the common membership units are made primarily based on increases or decreases in the number of theatre screens operated and theatre attendance generated by each Founding Member. As further discussed in Note 6 to the Company’s financial statements as included in its 2015 Annual Report on Form 10-K, the common units received are recorded at fair value as an increase in the Company’s investment in NCM with an offset to deferred revenue. The deferred revenue is amortized over the remaining term of the ESA. During March 2016, NCM performed its annual common unit adjustment calculation under the Common Unit Adjustment Agreement. As a result of the calculation, the Company received an additional 753,598 common units of NCM, each of which is convertible into one share of NCM, Inc. common stock. The Company recorded the additional common units received at fair value with a corresponding adjustment to deferred revenue of approximately $11,111. The deferred revenue will be recognized over the remaining term of the ESA, which is approximately 20 years. As of September 30, 2016, the Company owned a total of 26,384,644 common units of NCM, representing an ownership interest of approximately 19%. The estimated fair value of the Company’s investment in NCM was approximately $388,382 as of September 30, 2016, using NCMI’s stock price as of September 30, 2016 of $14.72 per share. Below is summary financial information for NCM for the three and six months ended June 30, 2016 (the financial information for the three and nine months ended September 29, 2016 is not yet available) and the three and nine months ended October 1, 2015: Three Months Six Months Three Months Nine Months June 30, 2016 June 30, 2016 October 1, 2015 October 1, 2015 Gross revenues $ 115,383 $ 191,625 $ 111,662 $ 310,061 Operating income $ 46,679 $ 52,430 $ 47,685 $ 78,961 Net earnings (loss) $ 33,220 $ 25,710 $ 34,844 $ 38,519

Other Investments

Other Investments	9 Months Ended
	Sep. 30, 2016
Other Investments	7. Other Investments The Company had the following other investments at September 30, 2016: Digital Cinema Implementation Partners (“DCIP”), equity method investment $ 88,108 AC JV, LLC, equity method investment 7,389 Digital Cinema Distribution Coalition (“DCDC”), equity method investment 3,373 Other 1,751 Total $ 100,621 Below is a summary of activity for each of the investments for the nine months ended September 30, 2016: DCIP RealD AC JV, DCDC Other Total Balance at January 1, 2016 $ 71,579 $ 12,900 $ 7,269 $ 2,562 $ 663 $ 94,973 Cash contributions 706 — — — 1,000 1,706 Equity in income 16,006 — 120 811 — 16,937 Equity in comprehensive loss (183 ) — — — — (183 ) Sale of investment (1) — (12,900 ) — — — (12,900 ) Other — — — — 88 88 Balance at September 30, 2016 $ 88,108 $ — $ 7,389 $ 3,373 $ 1,751 $ 100,621 (1) See further discussion of the sale of the investment held by the Company under RealD, Inc. below. Digital Cinema Implementation Partners LLC On February 12, 2007, the Company, AMC and Regal entered into a joint venture known as DCIP to facilitate the implementation of digital cinema in the Company’s theatres and to establish agreements with major motion picture studios for the financing of digital cinema. On March 10, 2010, the Company signed a master equipment lease agreement and other related agreements (collectively the “Agreements”) with Kasima LLC (“Kasima”), which is an indirect subsidiary of DCIP and a related party to the Company. Upon signing the Agreements, the Company contributed the majority of its U.S. digital projection systems to DCIP, which DCIP then contributed to Kasima. The Company has a variable interest in Kasima through the terms of its master equipment lease agreement; however, the Company has determined that it is not the primary beneficiary of Kasima, as the Company does not have the ability to direct the activities of Kasima that most significantly impact Kasima’s economic performance. As of September 30, 2016, the Company had a 33% voting interest in DCIP and a 24.3% economic interest in DCIP. The Company accounts for its investment in DCIP and its subsidiaries under the equity method of accounting. Below is summary financial information for DCIP for the three and nine months ended September 30, 2016 and 2015. Three Months Ended Nine Months Ended September 30, 2016 September 30, 2015 September 30, 2016 September 30, 2015 Revenues $ 48,274 $ 43,129 $ 133,675 $ 123,731 Operating income $ 31,180 $ 26,178 $ 82,369 $ 72,945 Net income $ 26,949 $ 20,189 $ 67,728 $ 54,153 As of September 30, 2016, the Company had 3,788 digital projection systems being leased under the master equipment lease agreement with Kasima. The Company had the following transactions, recorded in utilities and other on the condensed consolidated statements of income, with DCIP during the three and nine months ended September 30, 2016 and 2015: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Equipment lease payments $ 1,333 $ 1,084 $ 3,864 $ 3,133 Warranty reimbursements from DCIP $ (1,608 ) $ (1,137 ) $ (4,367 ) $ (3,124 ) Management services fees $ 207 $ 205 $ 619 $ 619 RealD, Inc. The Company licenses 3-D systems from RealD. Under its license agreement with RealD, the Company earned options to purchase shares of RealD common stock as it installed a certain number of 3-D systems as outlined in the license agreement. During 2010 and 2011, the Company vested in a total of 1,222,780 RealD options. Upon vesting in these options, the Company recorded an investment in RealD and a deferred lease incentive liability using the estimated fair value of the RealD options at the time of vesting. During March 2011, the Company exercised all of its options to purchase shares of common stock in RealD for $0.00667 per share. On March 22, 2016, an affiliate of Rizvi Traverse Management, LLC acquired RealD for $11.00 per share. As a result of the transaction, the Company sold its shares for approximately $13,451 and recognized a gain of $3,742, which included the recognition of a cumulative unrealized holding gain of $3,191 previously recorded in accumulated other comprehensive loss. The gain is reflected as gain on sale of assets and other on the condensed consolidated statement of income for the nine months ended September 30, 2016. The Company used the proceeds to make a pre-payment on its term loan in accordance with the terms of its senior secured credit facility (see Note 4). AC JV, LLC During December 2013, the Company, Regal, AMC (the “AC Founding Members”) and NCM entered into a series of agreements that resulted in the formation of AC JV, LLC (“AC”), a new joint venture that now owns “Fathom Events” (consisting of Fathom Events and Fathom Consumer Events) formerly operated by NCM. The Fathom Events business focuses on the marketing and distribution of live and pre-recorded entertainment programming to various theatre operators to provide additional programs to augment their feature film schedule. The Fathom Consumer Events business includes live and pre-recorded concerts featuring contemporary music, opera and symphony, DVD product releases and marketing events, theatrical premieres, Broadway plays, live sporting events and other special events. The Company paid event fees of $7,808 and $9,031 for the nine months ended September 30, 2016 and 2015, respectively, which are included in film rentals and advertising costs on the condensed consolidated statements of income. AC was formed by the AC Founding Members and NCM. NCM, under a contribution agreement, contributed the assets associated with its Fathom Events division to AC in exchange for 97% ownership of the Class A Units of AC. Under a separate contribution agreement, the Founding Members each contributed cash of approximately $268 to AC in exchange for 1% of the Class A Units of AC. Subsequently, NCM and the Founding Members entered into a Membership Interest Purchase Agreement, under which NCM sold each of the Founding Members 31% of its Class A Units in AC, the aggregate value of which was determined to be $25,000, in exchange for a six-year Promissory Note. Each of the Founding Members’ Promissory Notes were originally for $8,333, bear interest at 5% per annum and require annual principal and interest payments, with the first of such payments made during December 2014. The remaining outstanding balance of the note payable from the Company to AC as of September 30, 2016 was $5,555. Digital Cinema Distribution Coalition Digital Cinema Distribution Coalition (“DCDC”) is a joint venture among the Company, Universal, Warner Bros., AMC and Regal. DCDC operates a satellite distribution network that distributes all digital content to U.S. theatres via satellite. The Company has an approximate 14.6% ownership in DCDC. The Company paid approximately $707 and $542 during the nine months ended September 30, 2016 and 2015, respectively, related to content delivery services provided by DCDC. These fees are included in film rentals and advertising costs on the condensed consolidated statements of income.

Treasury Stock and Share Based

Treasury Stock and Share Based Awards	9 Months Ended
	Sep. 30, 2016
Treasury Stock and Share Based Awards	8. Treasury Stock and Share Based Awards Treasury Stock — Number of Treasury Shares Cost Balance at January 1, 2016 4,183,504 $ 66,577 Restricted stock withholdings (1) 206,502 6,828 Restricted stock forfeitures 54,210 — Balance at September 30, 2016 4,444,216 $ 73,405 (1) The Company withheld restricted shares as a result of the election by certain employees to satisfy their tax liabilities upon vesting in restricted stock and restricted stock units. The Company determined the number of shares to be withheld based upon market values ranging from $29.17 to $38.11 per share. As of September 30, 2016, the Company had no plans to retire any shares of treasury stock. Restricted Stock Below is a summary of restricted stock activity for the nine months ended September 30, 2016: Shares of Weighted Restricted Grant Date Stock Fair Value Outstanding at January 1, 2016 757,775 $ 30.73 Granted 322,700 $ 30.68 Vested (430,056 ) $ 26.60 Forfeited (54,210 ) $ 33.83 Outstanding at September 30, 2016 596,209 $ 33.41 Unvested restricted stock at September 30, 2016 596,209 $ 33.41 Nine Months Ended September 30, 2016 2015 Compensation expense recognized during the period $ 6,551 $ 7,142 Fair value of restricted shares that vested during the period $ 14,662 $ 10,291 Income tax deduction upon vesting of restricted stock awards $ 5,555 $ 3,823 As of September 30, 2016, the estimated remaining unrecognized compensation expense related to restricted stock awards was $13,648 and the weighted average period over which this remaining compensation expense will be recognized is approximately two years. Restricted Stock Units Below is a table summarizing the potential number of shares that could vest under restricted stock unit awards granted during the nine months ended September 30, 2016 at each of the three target levels of financial performance (excluding forfeiture assumptions): Number of Shares Value at Vesting Grant at IRR of at least 6.0% 84,554 $ 2,522 at IRR of at least 8.0% 169,107 $ 5,044 at IRR of at least 10.0% 253,661 $ 7,568 Due to the fact that the IRR for the two-year performance period could not be determined at the time of the 2016 grant, the Company estimated that the most likely outcome is the achievement of the target IRR level. The fair value of the restricted stock unit awards was determined based on the closing price of the Company’s common stock on the date of grant, which was $29.83 per share. The Company assumed forfeiture rates ranging from 0% to 10% for the restricted stock unit awards. If during the service period, additional information becomes available to lead the Company to believe a different IRR level will be achieved for the two-year performance period, the Company will reassess the number of units that will vest for the grant and adjust its compensation expense accordingly on a prospective basis over the remaining service period. Nine Months Ended September 30, 2016 2015 Number of restricted stock unit awards that vested during the period 213,984 123,769 Fair value of restricted stock unit awards that vested during the period $ 7,260 $ 5,483 Accumulated dividends paid upon vesting of restricted stock unit awards $ 662 $ 442 Income tax benefit recognized upon vesting of restricted stock unit awards $ 3,049 $ 2,303 Compensation expense recognized during the period $ 3,696 $ 2,708 As of September 30, 2016, the estimated remaining unrecognized compensation expense related to the outstanding restricted stock unit awards was $7,354. The weighted average period over which this remaining compensation expense will be recognized is approximately two years. As of September 30, 2016, the Company had restricted stock units outstanding that represented a total of 557,077 hypothetical shares of common stock, net of actual cumulative forfeitures of 30,598 units, assuming the maximum IRR level is achieved for all grants outstanding. Effective March 4, 2016, the Company’s former President and Chief Operating Officer resigned with good reason as defined within his employment agreement. As a result, certain of his restricted stock and restricted stock unit awards vested upon his resignation. The accelerated vesting of these awards were considered a modification of such awards, therefore the Company revalued the vested awards at their fair value upon modification. The revaluation of these awards resulted in incremental share based award compensation expense of approximately $994, which is included in general and administrative expenses for the nine months ended September 30, 2016.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2016
Goodwill and Other Intangible Assets	9. Goodwill and Other Intangible Assets The Company’s goodwill was as follows: U.S. Operating Segment International Operating Segment Total Balance at January 1, 2016 (1) $ 1,156,556 $ 90,992 $ 1,247,548 Acquisition of U.S. theatres 7,607 — 7,607 Foreign currency translation adjustments — 7,290 7,290 Balance at September 30, 2016 (1) $ 1,164,163 $ 98,282 $ 1,262,445 (1) Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment. The Company evaluates goodwill for impairment annually during the fourth quarter or whenever events or changes in circumstances indicate the carrying value of the goodwill may not be fully recoverable. The Company evaluates goodwill for impairment at the reporting unit level and has allocated goodwill to the reporting unit based on an estimate of its relative fair value. Management considers the reporting unit to be each of its nineteen regions in the U.S. and seven countries internationally with Honduras, El Salvador, Nicaragua, Costa Rica, Panama and Guatemala being considered one reporting unit (the Company does not have goodwill recorded for all of its international locations). For the year ended December 31, 2015, the Company performed a qualitative goodwill impairment assessment on all reporting units except one, in accordance with ASU 2011-08 Testing Goodwill for Impairment No events or changes in circumstances occurred during the nine months ended September 30, 2016 that indicated the carrying value of goodwill might exceed its estimated fair value. Intangible assets consisted of the following: Balance at Balance at 2016 Additions (1) Amortization Other (2) 2016 Intangible assets with finite lives: Gross carrying amount $ 99,968 $ 503 $ — $ (739 ) $ 99,732 Accumulated amortization (59,706 ) — (4,086 ) 541 (63,251 ) Total net intangible assets with finite lives $ 40,262 503 (4,086 ) (198 ) $ 36,481 Intangible assets with indefinite lives: Tradename 299,382 — — 344 299,726 Total intangible assets — net $ 339,644 $ 503 $ (4,086 ) $ 146 $ 336,207 (1) Reflects addition of non-compete agreement and favorable lease associated with theatres acquired in the U.S. during the nine months ended September 30, 2016. (2) Includes write-off of intangible assets for closed theatres and foreign currency translation adjustments. Estimated aggregate future amortization expense for intangible assets is as follows: For the three months ended December 31, 2016 $ 1,220 For the twelve months ended December 31, 2017 4,987 For the twelve months ended December 31, 2018 4,912 For the twelve months ended December 31, 2019 4,007 For the twelve months ended December 31, 2020 4,282 Thereafter 17,073 Total $ 36,481

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets	9 Months Ended
	Sep. 30, 2016
Impairment of Long-Lived Assets	10. Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment indicators on a quarterly basis or whenever events or changes in circumstances indicate the carrying amount of the assets may not be fully recoverable. The Company considers actual theatre level cash flows, budgeted theatre level cash flows, theatre property and equipment carrying values, amortizing intangible asset carrying values, the age of a recently built theatre, competitive theatres in the marketplace, the impact of recent ticket price changes, available lease renewal options and other factors considered relevant in its assessment of impairment of individual theatre assets. Long-lived assets are evaluated for impairment on an individual theatre basis, which the Company believes is the lowest applicable level for which there are identifiable cash flows. The impairment evaluation is based on the estimated undiscounted cash flows from continuing use through the remainder of the theatre’s useful life. The remainder of the theatre’s useful life correlates with the available remaining lease period, which includes the probability of renewal periods, for leased properties and the lesser of twenty years or the building’s remaining useful life for fee-owned properties. If the estimated undiscounted cash flows are not sufficient to recover a long-lived asset’s carrying value, the Company then compares the carrying value of the asset group (theatre) with its estimated fair value. When estimated fair value is determined to be lower than the carrying value of the asset group (theatre), the asset group (theatre) is written down to its estimated fair value. Significant judgment is involved in estimating cash flows and fair value. Management’s estimates, which fall under Level 3 of the U.S. GAAP fair value hierarchy as defined by FASB ASC Topic 820-10-35, are based on historical and projected operating performance, recent market transactions and current industry trading multiples. Fair value is determined based on a multiple of cash flows, which was six and a half times for the evaluations performed during the nine months ended September 30, 2016 and 2015. As of September 30, 2016, the estimated aggregate fair value of the long-lived assets impaired during the nine months ended September 30, 2016 was approximately $294. The long-lived asset impairment charges recorded during each of the periods presented are 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 theatre. Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 U.S. theatre properties $ 406 $ 633 $ 1,500 $ 3,963 U.S. intangible assets — — — 992 International theatre properties — — 823 — Impairment of long-lived assets $ 406 $ 633 $ 2,323 $ 4,955

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2016
Fair Value Measurements	11. Fair Value Measurements The Company determines fair value measurements in accordance with FASB ASC Topic 820, which establishes a fair value hierarchy under which an asset or liability is categorized based on the lowest level of input significant to its fair value measurement. The levels of input defined by FASB ASC Topic 820 are as follows: Level 1 – quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date; Level 2 – other than quoted market prices included in Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3 – unobservable and should be used to measure fair value to the extent that observable inputs are not available. There were no assets or liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of September 30, 2016. Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2015: Carrying Fair Value Description Value Level 1 Level 2 Level 3 Interest rate swap liabilities – current $ (373 ) $ — $ — $ (373 ) Investment in RealD (see Note 7) $ 12,900 $ 12,900 $ — $ — Below is a reconciliation of the beginning and ending balance for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Liabilities 2016 2015 Beginning balances - January 1 $ 373 $ 4,572 Total loss included in accumulated other comprehensive loss 71 616 Settlements (444 ) (4,407 ) Ending balances – September 30 $ — $ 781 The Company uses the market approach for fair value measurements on a nonrecurring basis in the impairment evaluations of its long-lived assets (see Note 9 and Note 10). Additionally, the Company uses the market approach to estimate the fair value of its long-term debt (see Note 4). There were no changes in valuation techniques and there were no transfers in or out of Level 1, Level 2 or Level 3 during the nine months ended September 30, 2016.

Foreign Currency Translation

Foreign Currency Translation	9 Months Ended
	Sep. 30, 2016
Foreign Currency Translation	12. Foreign Currency Translation The accumulated other comprehensive loss account in stockholders’ equity of $238,672 and $271,686 at September 30, 2016 and December 31, 2015, respectively, includes cumulative foreign currency adjustments of $238,430 and $273,404, respectively, from translating the financial statements of the Company’s international subsidiaries, and also includes the change in fair values of the Company’s interest rate swap agreements that are designated as hedges and the change in fair value of the Company’s available-for-sale securities. All foreign countries where the Company has operations are non-highly inflationary, and the local currency is the same as the functional currency in all of the locations. Thus, any fluctuation in the currency results in a cumulative foreign currency translation adjustment recorded to accumulated other comprehensive loss. Below is a summary of the impact of translating the September 30, 2016 financial statements of the Company’s international subsidiaries: Other Comprehensive Income (Loss) for The Exchange Rate as of Nine Months Ended Country September 30, 2016 December 31, 2015 September 30, 2016 Brazil 3.26 3.96 $ 40,331 Argentina 15.33 12.95 (10,452 ) Colombia 2,879.95 3,149.47 2,544 Chile 664.91 709.16 2,958 All other (407 ) $ 34,974

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2016
Supplemental Cash Flow Information	13. Supplemental Cash Flow Information The following is provided as supplemental information to the condensed consolidated statements of cash flows: Nine Months Ended September 30, 2016 2015 Cash paid for interest $ 68,552 $ 65,439 Cash paid for income taxes, net of refunds received $ 66,757 $ 80,723 Noncash investing and financing activities: Change in accounts payable and accrued expenses for the acquisition of theatre properties and equipment (1) $ 132 $ (1,072 ) Theatre properties acquired under capital lease $ 11,292 $ 20,914 Investment in NCM – receipt of common units (see Note 6) $ 11,111 $ 15,421 Dividends accrued on unvested restricted stock unit awards $ (360 ) $ (298 ) (1) Additions to theatre properties and equipment included in accounts payable as of September 30, 2016 and December 31, 2015 were $11,022 and $11,154, respectively.

Segments

Segments	9 Months Ended
	Sep. 30, 2016
Segments	14. Segments The Company manages its international market and its U.S. market as separate reportable operating segments, with the international segment consisting of operations in Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay. Each segment’s revenue is derived from admissions and concession sales and other ancillary revenues. The Company uses Adjusted EBITDA, as shown in the reconciliation table below, as the primary measure of segment profit and loss to evaluate performance and allocate its resources. The Company does not report asset information by segment because that information is not used to evaluate the performance of or allocate resources between segments. Below is a breakdown of selected financial information by reportable operating segment: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Revenues U.S. $ 572,916 $ 509,330 $ 1,677,365 $ 1,576,107 International 199,476 194,497 551,212 580,335 Eliminations (3,818 ) (3,771 ) (10,730 ) (11,056 ) Total revenues $ 768,574 $ 700,056 $ 2,217,847 $ 2,145,386 Adjusted EBITDA (1) U.S. $ 137,540 $ 113,059 $ 409,018 $ 372,079 International 47,351 46,088 128,915 135,951 Total Adjusted EBITDA $ 184,891 $ 159,147 $ 537,933 $ 508,030 Capital expenditures U.S. $ 75,839 $ 48,868 $ 175,218 $ 167,082 International 22,984 27,771 55,128 65,269 Total capital expenditures $ 98,823 $ 76,639 $ 230,346 $ 232,351 (1) Distributions from NCM and other cash distributions from equity investees are reported entirely within the U.S. operating segment. The following table sets forth a reconciliation of net income to Adjusted EBITDA: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Net income $ 66,126 $ 46,701 $ 179,540 $ 160,493 Add (deduct): Income taxes 40,926 30,109 106,002 99,263 Interest expense (1) 26,659 28,419 81,980 84,930 Other income (2) (14,540 ) (1,501 ) (32,510 ) (8,453 ) Loss on debt amendments and refinancing — — 13,284 925 Other cash distributions from equity investees (3) 1,391 4,370 9,660 12,679 Depreciation and amortization 54,187 47,543 155,874 139,444 Impairment of long-lived assets 406 633 2,323 4,955 (Gain) loss on sale of assets and other 6,940 (500 ) 10,985 3,852 Deferred lease expenses (162 ) (521 ) (809 ) (1,809 ) Amortization of long-term prepaid rents 371 519 1,357 1,901 Share based awards compensation expense 2,587 3,375 10,247 9,850 Adjusted EBITDA $ 184,891 $ 159,147 $ 537,933 $ 508,030 (1) Includes amortization of debt issue costs. (2) Includes interest income, foreign currency exchange (gain) loss and equity in income of affiliates and excludes distributions from NCM. (3) Includes cash distributions received from equity investees that were recorded as a reduction of the respective investment balances. In an effort to more closely align our reported Adjusted EBITDA with our operating cash flow, which provides our chief operating decision maker with more comprehensive cash flow information, and for consistency with our peers, beginning with the three months ended March 31, 2016, Adjusted EBITDA now includes total cash distributions received from equity investees, including the cash distributions recorded as a reduction of the respective investment balance. Adjusted EBITDA for the three and nine months ended September 30, 2015 has been adjusted to reflect comparable presentations. Financial Information About Geographic Areas Below is a breakdown of selected financial information by geographic area: Three Months Ended Nine Months Ended September 30, September 30, Revenues 2016 2015 2016 2015 U.S. $ 572,916 $ 509,330 $ 1,677,365 $ 1,576,107 Brazil 85,051 68,340 231,556 230,953 Other international countries 114,425 126,157 319,656 349,382 Eliminations (3,818 ) (3,771 ) (10,730 ) (11,056 ) Total $ 768,574 $ 700,056 $ 2,217,847 $ 2,145,386 Theatre Properties and Equipment-net September 30, 2016 December 31, 2015 U.S. $ 1,235,180 $ 1,175,535 Brazil 195,447 163,505 Other international countries 182,482 166,029 Total $ 1,613,109 $ 1,505,069

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2016
Related Party Transactions	15. Related Party Transactions The Company manages theatres for Laredo Theatre, Ltd. (“Laredo”). The Company is the sole general partner and owns 75% of the limited partnership interests of Laredo. Lone Star Theatres, Inc. owns the remaining 25% of the limited partnership interests in Laredo and is 100% owned by Mr. David Roberts, Lee Roy Mitchell’s son-in-law. Lee Roy Mitchell is the Company’s Chairman of the Board of Directors and directly and indirectly owns approximately 9% of the Company’s common stock. Under the agreement, management fees are paid by Laredo to the Company at a rate of 5% of annual theatre revenues up to $50,000 and 3% of annual theatre revenues in excess of $50,000. The Company recorded $410 and $448 of management fee revenues during the nine months ended September 30, 2016 and 2015, respectively. All such amounts are included in the Company’s condensed consolidated financial statements with the intercompany amounts eliminated in consolidation. The Company has an Aircraft Time Sharing Agreement with Copper Beech Capital, LLC to use, on occasion, a private aircraft owned by Copper Beech Capital, LLC. Copper Beech Capital, LLC is owned by Mr. Mitchell and his wife, Tandy Mitchell. The private aircraft is used by Mr. Mitchell and other executives who accompany Mr. Mitchell to business meetings for the Company. The Company reimburses Copper Beech Capital, LLC for the actual costs of fuel usage and the expenses of the pilots, landing fees, storage fees and similar expenses incurred during the trip. For the nine months ended September 30, 2016 and 2015, the aggregate amounts paid to Copper Beech Capital, LLC for the use of the aircraft was $94 and $407, respectively. The Company leases 15 theatres and one parking facility from Syufy Enterprises, LP (“Syufy”) or affiliates of Syufy. Raymond Syufy is one of the Company’s directors and is an officer of the general partner of Syufy. Of these 16 leases, 15 have fixed minimum annual rent. The one lease without minimum annual rent has rent based upon a specified percentage of gross sales as defined in the lease. For the nine months ended September 30, 2016 and 2015, the Company paid total rent of approximately $17,806 and $16,708, respectively, to Syufy. Additionally, the Company had a receivable from Syufy of approximately $521 as of September 30, 2016, which was related to costs associated with the construction of a new theatre for which Syufy will be the landlord.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies	16. Commitments and Contingencies Effective March 4, 2016, the Company’s former President and Chief Operating Officer Robert Copple resigned with good reason as defined within his employment agreement. The Company paid Mr. Copple the payments and benefits pursuant to the terms set forth in his employment agreement. The Company’s post-termination obligations, such as providing continued participation in the Company’s welfare benefit plans and insurance programs, remain in effect for a limited period of time under the employment agreement. All expenses incurred by the Company in relation to the resignation are reflected in general and administrative expenses for the nine months ended September 30, 2016. Joseph Amey, et al. v. Cinemark USA, Inc., Case No. 3:13cv05669, In the United States District Court for the Northern District of California, San Francisco Division. The Company received a Civil Investigative Demand (“CID”) from the Antitrust Division of the United States Department of Justice. The CID relates to an investigation under Sections 1 and 2 of the Sherman Act. The Company also received CIDs from the Antitrust Section of the Office of the Attorney General of the State of Ohio and later from other states regarding similar inquiries under state antitrust laws. The CIDs request the Company to answer interrogatories, and produce documents, or both, related to the investigation of matters including film clearances, potential coordination and/or communication with other major theatre circuits and related joint ventures. The Company intends to fully cooperate with all federal and state government agencies. Although the Company does not believe that it has violated any federal or state antitrust or competition laws, it cannot predict the ultimate scope, duration or outcome of these investigations. From time to time, the Company is involved in various other legal proceedings arising from the ordinary course of its business operations, such as personal injury claims, employment matters, landlord-tenant disputes, patent claims and contractual disputes, some of which are covered by insurance. The Company believes its potential liability with respect to proceedings currently pending is not material, individually or in the aggregate, to the Company’s financial position, results of operations and cash flows.

The Company and Basis of Pres24

The Company and Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Reclassifications	Accounting Reclassifications The Company has reclassified $8,844 and $24,071 in expenses from film rentals and advertising costs to utilities and other costs on the condensed consolidated statement of income for the three and nine months ended September 30, 2015, respectively, to be consistent with the presentation for the three and nine months ended September 30, 2016. During the nine months ended September 30, 2016, the Company determined that reclassifying the expenses, which are related to the maintenance and monitoring of projection and sound equipment, results in a more clear presentation of film rentals and advertising costs.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share	The following table presents computations of basic and diluted earnings per share under the two-class method: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Numerator: Net income attributable to Cinemark Holdings, Inc. $ 65,655 $ 46,339 $ 178,086 $ 159,118 Earnings allocated to participating share-based awards (1) (336 ) (304 ) (805 ) (938 ) Net income attributable to common stockholders $ 65,319 $ 46,035 $ 177,281 $ 158,180 Denominator Basic weighted average common stock outstanding 115,601 115,164 115,475 115,051 Common equivalent shares for restricted stock units 192 192 231 228 Diluted 115,793 115,356 115,706 115,279 Basic earnings per share attributable to common stockholders $ 0.56 $ 0.40 $ 1.53 $ 1.37 Diluted earnings per share attributable to common stockholders $ 0.56 $ 0.40 $ 1.53 $ 1.37 (1) For the three months ended September 30, 2016 and 2015, a weighted average of approximately 596 and 762 shares of unvested restricted stock, respectively, were considered participating securities. For the nine months ended September 30, 2016 and 2015, a weighted average of approximately 526 and 684 shares of unvested restricted stock, respectively, were considered participating securities.

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2016
Summary of Changes in Stockholders' Equity	Below is a summary of changes in stockholders’ equity attributable to Cinemark Holdings, Inc., noncontrolling interests and total equity for the nine months ended September 30, 2016 and 2015: Cinemark Holdings, Inc. Stockholders’ Noncontrolling Total Equity Interests Equity Balance at January 1, 2016 $ 1,099,708 $ 11,105 $ 1,110,813 Share based awards compensation expense 10,247 — 10,247 Stock withholdings related to share based awards that vested during the nine months ended September 30, 2016 (6,828 ) — (6,828 ) Issuance of common stock related to restricted stock units that vested during the nine months ended September 30, 2016 1 — 1 Tax benefit related to share based awards vesting 1,797 — 1,797 Dividends paid to stockholders (1) (94,117 ) — (94,117 ) Dividends accrued on unvested restricted stock unit awards (1) (360 ) — (360 ) Dividends paid to noncontrolling interests — (515 ) (515 ) Net income 178,086 1,454 179,540 Fair value adjustments on interest rate swap agreements designated as hedges, net of settlements, net of taxes of $138 234 — 234 Gain realized on available-for-sale securities, net of taxes of $1,180 (2,011 ) — (2,011 ) Other comprehensive loss in equity method investees (183 ) — (183 ) Foreign currency translation adjustments 34,974 24 34,998 Balance at September 30, 2016 $ 1,221,548 $ 12,068 $ 1,233,616 (1) Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2016: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total 02/24/16 03/07/16 03/18/16 $ 0.27 $ 31,367 05/26/16 06/08/16 06/22/16 $ 0.27 31,373 08/18/16 08/31/16 09/13/16 $ 0.27 31,737 Total $ 0.81 $ 94,477 Cinemark Holdings, Inc. Stockholders’ Noncontrolling Total Equity Interests Equity Balance at January 1, 2015 $ 1,112,800 $ 10,329 $ 1,123,129 Share based awards compensation expense 9,850 — 9,850 Stock withholdings related to share based awards that vested during the nine months ended September 30, 2015 (4,770 ) — (4,770 ) Tax benefit related to share based awards vesting and dividends paid on unvested stock 2,417 — 2,417 Dividends paid to stockholders (1) (86,882 ) — (86,882 ) Dividends accrued on unvested restricted stock unit awards (1) (298 ) — (298 ) Dividends paid to noncontrolling interests — (294 ) (294 ) Net income 159,118 1,375 160,493 Fair value adjustments on interest rate swap agreements designated as hedges, net of settlements, net of taxes of $1,412 2,379 — 2,379 Fair value adjustments on available-for-sale securities, net of taxes of $998 (1,680 ) — (1,680 ) Other comprehensive loss in equity method investees (3,010 ) — (3,010 ) Foreign currency translation adjustments (105,193 ) (35 ) (105,228 ) Balance at September 30, 2015 $ 1,084,731 $ 11,375 $ 1,096,106 (2) Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2015: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total 02/17/15 03/04/15 03/19/15 $ 0.25 $ 29,024 05/18/15 06/05/15 06/19/15 $ 0.25 29,076 08/20/15 08/31/15 09/11/15 $ 0.25 29,080 Total $ 0.75 $ 87,180

Investment in National CineMe27

Investment in National CineMedia (Tables)	9 Months Ended
	Sep. 30, 2016
NCM
Summary of Activity with Included in Company's Condensed Consolidated Financial Statements	Below is a summary of activity with NCM included in the Company’s condensed consolidated financial statements: Distributions Investment Deferred from Equity in Other Cash in NCM Revenue NCM Income Revenue Received Balance as of January 1, 2016 $ 183,755 $ (342,134 ) Receipt of common units due to annual common unit adjustment 11,111 (11,111 ) $ — $ — $ — $ — Revenues earned under ESA (1) — — — — (8,345 ) 8,345 Receipt of excess cash distributions (6,895 ) — (7,176 ) — — 14,071 Receipt under tax receivable agreement (2,765 ) — (2,941 ) — — 5,706 Equity in earnings 7,660 — — (7,660 ) — — Amortization of deferred revenue — 6,953 — — (6,953 ) — Balance as of and for the nine month period ended September 30, 2016 $ 192,866 $ (346,292 ) $ (10,117 ) $ (7,660 ) $ (15,298 ) $ 28,122 (1) Amount includes the per patron and per digital screen theatre access fees due to the Company, net of amounts due to NCM for on-screen advertising time provided to the Company’s beverage concessionaire of approximately $8,002.

Other Investments (Tables)

Other Investments (Tables)	9 Months Ended
	Sep. 30, 2016
Other Investments	The Company had the following other investments at September 30, 2016: Digital Cinema Implementation Partners (“DCIP”), equity method investment $ 88,108 AC JV, LLC, equity method investment 7,389 Digital Cinema Distribution Coalition (“DCDC”), equity method investment 3,373 Other 1,751 Total $ 100,621
Summary of Activity of Investments	Below is a summary of activity for each of the investments for the nine months ended September 30, 2016: DCIP RealD AC JV, DCDC Other Total Balance at January 1, 2016 $ 71,579 $ 12,900 $ 7,269 $ 2,562 $ 663 $ 94,973 Cash contributions 706 — — — 1,000 1,706 Equity in income 16,006 — 120 811 — 16,937 Equity in comprehensive loss (183 ) — — — — (183 ) Sale of investment (1) — (12,900 ) — — — (12,900 ) Other — — — — 88 88 Balance at September 30, 2016 $ 88,108 $ — $ 7,389 $ 3,373 $ 1,751 $ 100,621 (1) See further discussion of the sale of the investment held by the Company under RealD, Inc. below.
Transactions with DCIP	The Company had the following transactions, recorded in utilities and other on the condensed consolidated statements of income, with DCIP during the three and nine months ended September 30, 2016 and 2015: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Equipment lease payments $ 1,333 $ 1,084 $ 3,864 $ 3,133 Warranty reimbursements from DCIP $ (1,608 ) $ (1,137 ) $ (4,367 ) $ (3,124 ) Management services fees $ 207 $ 205 $ 619 $ 619
NCM
Summary Financial Information	Below is summary financial information for NCM for the three and six months ended June 30, 2016 (the financial information for the three and nine months ended September 29, 2016 is not yet available) and the three and nine months ended October 1, 2015: Three Months Six Months Three Months Nine Months June 30, 2016 June 30, 2016 October 1, 2015 October 1, 2015 Gross revenues $ 115,383 $ 191,625 $ 111,662 $ 310,061 Operating income $ 46,679 $ 52,430 $ 47,685 $ 78,961 Net earnings (loss) $ 33,220 $ 25,710 $ 34,844 $ 38,519
Digital Cinema Implementation Partners
Summary Financial Information	Below is summary financial information for DCIP for the three and nine months ended September 30, 2016 and 2015. Three Months Ended Nine Months Ended September 30, 2016 September 30, 2015 September 30, 2016 September 30, 2015 Revenues $ 48,274 $ 43,129 $ 133,675 $ 123,731 Operating income $ 31,180 $ 26,178 $ 82,369 $ 72,945 Net income $ 26,949 $ 20,189 $ 67,728 $ 54,153

Treasury Stock and Share Base29

Treasury Stock and Share Based Awards (Tables)	9 Months Ended
	Sep. 30, 2016
Summary of Treasury Stock Activity	Below is a summary of the Company’s treasury stock activity for the nine months ended September 30, 2016: Number of Treasury Shares Cost Balance at January 1, 2016 4,183,504 $ 66,577 Restricted stock withholdings (1) 206,502 6,828 Restricted stock forfeitures 54,210 — Balance at September 30, 2016 4,444,216 $ 73,405 (1) The Company withheld restricted shares as a result of the election by certain employees to satisfy their tax liabilities upon vesting in restricted stock and restricted stock units. The Company determined the number of shares to be withheld based upon market values ranging from $29.17 to $38.11 per share.
Summary of Restricted Stock Activity	Below is a summary of restricted stock activity for the nine months ended September 30, 2016: Shares of Weighted Restricted Grant Date Stock Fair Value Outstanding at January 1, 2016 757,775 $ 30.73 Granted 322,700 $ 30.68 Vested (430,056 ) $ 26.60 Forfeited (54,210 ) $ 33.83 Outstanding at September 30, 2016 596,209 $ 33.41 Unvested restricted stock at September 30, 2016 596,209 $ 33.41
Summary of Restricted Stock Unit Award Activity	Below is a table summarizing the potential number of shares that could vest under restricted stock unit awards granted during the nine months ended September 30, 2016 at each of the three target levels of financial performance (excluding forfeiture assumptions): Number of Shares Value at Vesting Grant at IRR of at least 6.0% 84,554 $ 2,522 at IRR of at least 8.0% 169,107 $ 5,044 at IRR of at least 10.0% 253,661 $ 7,568
Restricted Stock
Summary of Restricted Stock Award Activity	Nine Months Ended September 30, 2016 2015 Compensation expense recognized during the period $ 6,551 $ 7,142 Fair value of restricted shares that vested during the period $ 14,662 $ 10,291 Income tax deduction upon vesting of restricted stock awards $ 5,555 $ 3,823
Restricted Stock Units (RSUs)
Summary of Restricted Stock Unit Award Activity	Nine Months Ended September 30, 2016 2015 Number of restricted stock unit awards that vested during the period 213,984 123,769 Fair value of restricted stock unit awards that vested during the period $ 7,260 $ 5,483 Accumulated dividends paid upon vesting of restricted stock unit awards $ 662 $ 442 Income tax benefit recognized upon vesting of restricted stock unit awards $ 3,049 $ 2,303 Compensation expense recognized during the period $ 3,696 $ 2,708

Goodwill and Other Intangible30

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2016
Summary of Goodwill	The Company’s goodwill was as follows: U.S. Operating Segment International Operating Segment Total Balance at January 1, 2016 (1) $ 1,156,556 $ 90,992 $ 1,247,548 Acquisition of U.S. theatres 7,607 — 7,607 Foreign currency translation adjustments — 7,290 7,290 Balance at September 30, 2016 (1) $ 1,164,163 $ 98,282 $ 1,262,445 (1) Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment.
Intangible Assets	Intangible assets consisted of the following: Balance at Balance at 2016 Additions (1) Amortization Other (2) 2016 Intangible assets with finite lives: Gross carrying amount $ 99,968 $ 503 $ — $ (739 ) $ 99,732 Accumulated amortization (59,706 ) — (4,086 ) 541 (63,251 ) Total net intangible assets with finite lives $ 40,262 503 (4,086 ) (198 ) $ 36,481 Intangible assets with indefinite lives: Tradename 299,382 — — 344 299,726 Total intangible assets — net $ 339,644 $ 503 $ (4,086 ) $ 146 $ 336,207 (1) Reflects addition of non-compete agreement and favorable lease associated with theatres acquired in the U.S. during the nine months ended September 30, 2016. (2) Includes write-off of intangible assets for closed theatres and foreign currency translation adjustments.
Estimated Aggregate Future Amortization Expense for Intangible Assets	Estimated aggregate future amortization expense for intangible assets is as follows: For the three months ended December 31, 2016 $ 1,220 For the twelve months ended December 31, 2017 4,987 For the twelve months ended December 31, 2018 4,912 For the twelve months ended December 31, 2019 4,007 For the twelve months ended December 31, 2020 4,282 Thereafter 17,073 Total $ 36,481

Impairment of Long-Lived Asse31

Impairment of Long-Lived Assets (Tables)	9 Months Ended
	Sep. 30, 2016
Long-Lived Asset Impairment Charges	The long-lived asset impairment charges recorded during each of the periods presented are 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 theatre. Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 U.S. theatre properties $ 406 $ 633 $ 1,500 $ 3,963 U.S. intangible assets — — — 992 International theatre properties — — 823 — Impairment of long-lived assets $ 406 $ 633 $ 2,323 $ 4,955

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Measurement of Assets and Liabilities on Recurring Basis	Below is a summary of assets and liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of December 31, 2015: Carrying Fair Value Description Value Level 1 Level 2 Level 3 Interest rate swap liabilities – current $ (373 ) $ — $ — $ (373 ) Investment in RealD (see Note 7) $ 12,900 $ 12,900 $ — $ —
Reconciliation of Beginning and Ending Balance for Liabilities Measured at Fair Value	Below is a reconciliation of the beginning and ending balance for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Liabilities 2016 2015 Beginning balances - January 1 $ 373 $ 4,572 Total loss included in accumulated other comprehensive loss 71 616 Settlements (444 ) (4,407 ) Ending balances – September 30 $ — $ 781

Foreign Currency Translation (T

Foreign Currency Translation (Tables)	9 Months Ended
	Sep. 30, 2016
Summary of Impact of Translating Financial Statements of Certain of Company's International Subsidiaries	Below is a summary of the impact of translating the September 30, 2016 financial statements of the Company’s international subsidiaries: Other Comprehensive Income (Loss) for The Exchange Rate as of Nine Months Ended Country September 30, 2016 December 31, 2015 September 30, 2016 Brazil 3.26 3.96 $ 40,331 Argentina 15.33 12.95 (10,452 ) Colombia 2,879.95 3,149.47 2,544 Chile 664.91 709.16 2,958 All other (407 ) $ 34,974

Supplemental Cash Flow Inform34

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2016
Supplemental Information to Condensed Consolidated Statements of Cash Flows	The following is provided as supplemental information to the condensed consolidated statements of cash flows: Nine Months Ended September 30, 2016 2015 Cash paid for interest $ 68,552 $ 65,439 Cash paid for income taxes, net of refunds received $ 66,757 $ 80,723 Noncash investing and financing activities: Change in accounts payable and accrued expenses for the acquisition of theatre properties and equipment (1) $ 132 $ (1,072 ) Theatre properties acquired under capital lease $ 11,292 $ 20,914 Investment in NCM – receipt of common units (see Note 6) $ 11,111 $ 15,421 Dividends accrued on unvested restricted stock unit awards $ (360 ) $ (298 ) (1) Additions to theatre properties and equipment included in accounts payable as of September 30, 2016 and December 31, 2015 were $11,022 and $11,154, respectively.

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2016
Selected Financial Information by Reportable Operating Segment	Below is a breakdown of selected financial information by reportable operating segment: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 Revenues U.S. $ 572,916 $ 509,330 $ 1,677,365 $ 1,576,107 International 199,476 194,497 551,212 580,335 Eliminations (3,818 ) (3,771 ) (10,730 ) (11,056 ) Total revenues $ 768,574 $ 700,056 $ 2,217,847 $ 2,145,386 Adjusted EBITDA (1) U.S. $ 137,540 $ 113,059 $ 409,018 $ 372,079 International 47,351 46,088 128,915 135,951 Total Adjusted EBITDA $ 184,891 $ 159,147 $ 537,933 $ 508,030 Capital expenditures U.S. $ 75,839 $ 48,868 $ 175,218 $ 167,082 International 22,984 27,771 55,128 65,269 Total capital expenditures $ 98,823 $ 76,639 $ 230,346 $ 232,351 (1) Distributions from NCM and other cash distributions from equity investees are reported entirely within the U.S. operating segment.
Reconciliation of Net Income to Adjusted EBITDA	The following table sets forth a reconciliation of net income to Adjusted EBITDA: Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 2016 2015 Net income $ 66,126 $ 46,701 $ 179,540 $ 160,493 Add (deduct): Income taxes 40,926 30,109 106,002 99,263 Interest expense (1) 26,659 28,419 81,980 84,930 Other income (2) (14,540 ) (1,501 ) (32,510 ) (8,453 ) Loss on debt amendments and refinancing — — 13,284 925 Other cash distributions from equity investees (3) 1,391 4,370 9,660 12,679 Depreciation and amortization 54,187 47,543 155,874 139,444 Impairment of long-lived assets 406 633 2,323 4,955 (Gain) loss on sale of assets and other 6,940 (500 ) 10,985 3,852 Deferred lease expenses (162 ) (521 ) (809 ) (1,809 ) Amortization of long-term prepaid rents 371 519 1,357 1,901 Share based awards compensation expense 2,587 3,375 10,247 9,850 Adjusted EBITDA $ 184,891 $ 159,147 $ 537,933 $ 508,030 (1) Includes amortization of debt issue costs. (2) Includes interest income, foreign currency exchange (gain) loss and equity in income of affiliates and excludes distributions from NCM. (3) Includes cash distributions received from equity investees that were recorded as a reduction of the respective investment balances. In an effort to more closely align our reported Adjusted EBITDA with our operating cash flow, which provides our chief operating decision maker with more comprehensive cash flow information, and for consistency with our peers, beginning with the three months ended March 31, 2016, Adjusted EBITDA now includes total cash distributions received from equity investees, including the cash distributions recorded as a reduction of the respective investment balance. Adjusted EBITDA for the three and nine months ended September 30, 2015 has been adjusted to reflect comparable presentations.
Selected Financial Information by Geographic Area	Below is a breakdown of selected financial information by geographic area: Three Months Ended Nine Months Ended September 30, September 30, Revenues 2016 2015 2016 2015 U.S. $ 572,916 $ 509,330 $ 1,677,365 $ 1,576,107 Brazil 85,051 68,340 231,556 230,953 Other international countries 114,425 126,157 319,656 349,382 Eliminations (3,818 ) (3,771 ) (10,730 ) (11,056 ) Total $ 768,574 $ 700,056 $ 2,217,847 $ 2,145,386 Theatre Properties and Equipment-net September 30, 2016 December 31, 2015 U.S. $ 1,235,180 $ 1,175,535 Brazil 195,447 163,505 Other international countries 182,482 166,029 Total $ 1,613,109 $ 1,505,069

The Company and Basis of Pres36

The Company and Basis of Presentation - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Summary Of Significant Accounting Policies [Line Items]
Film rentals and advertising costs	$ (249,766)	$ (227,571)	$ (733,101)	$ (713,306)
Utilities and other costs	$ 94,999	93,430	$ 265,506	269,152
Scenario, Previously Reported
Summary Of Significant Accounting Policies [Line Items]
Film rentals and advertising costs		(8,844)		(24,071)
Adjusted Reported
Summary Of Significant Accounting Policies [Line Items]
Utilities and other costs		$ 8,844		$ 24,071

Computations of Basic and Dilut

Computations of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share Disclosure [Line Items]
Net income attributable to Cinemark Holdings, Inc.		$ 65,655	$ 46,339	$ 178,086	$ 159,118
Earnings allocated to participating share-based awards	[1]	(336)	(304)	(805)	(938)
Net income attributable to common stockholders		$ 65,319	$ 46,035	$ 177,281	$ 158,180
Basic weighted average common stock outstanding		115,601	115,164	115,475	115,051
Diluted		115,793	115,356	115,706	115,279
Basic earnings per share attributable to common stockholders		$ 0.56	$ 0.40	$ 1.53	$ 1.37
Diluted earnings per share attributable to common stockholders		$ 0.56	$ 0.40	$ 1.53	$ 1.37
Restricted Stock Units (RSUs)
Earnings Per Share Disclosure [Line Items]
Common equivalent shares for restricted stock units		192	192	231	228
[1]	For the three months ended September 30, 2016 and 2015, a weighted average of approximately 596 and 762 shares of unvested restricted stock, respectively, were considered participating securities. For the nine months ended September 30, 2016 and 2015, a weighted average of approximately 526 and 684 shares of unvested restricted stock, respectively, were considered participating securities.

Computations of Basic and Dil38

Computations of Basic and Diluted Earnings Per Share (Parenthetical) (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share Disclosure [Line Items]
Weighted average shares of participating unvested restricted stock	596	762	526	684

Long Term Debt Activity - Addit

Long Term Debt Activity - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 13, 2016	May 16, 2016	Mar. 21, 2016	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Debt Instrument [Line Items]
Loss on debt amendments and refinancing				$ 13,284	$ 925
Principal amount redeemed				200,000
Write off of unamortization of debt issuance cost				2,369
Carrying value of long-term debt				1,824,355		$ 1,814,572
Fair value of long-term debt				1,839,380		$ 1,806,276
7.375% senior subordinated notes due 2021
Debt Instrument [Line Items]
Loss on debt amendments and refinancing				1,222
Interest rate			7.375%
Principal amount redeemed			$ 200,000
Percentage of debt repayment premium			104.00%
Write off of unamortization of debt issuance cost			$ 2,369
Early retirement of debt			9,444
4.875 % Senior Notes Due June 1, 2023
Debt Instrument [Line Items]
Debt issuance costs				3,702
Aggregate principal amount issued			$ 225,000	$ 755,000
Interest rate			4.875%	4.875%
Price to repurchase the senior subordinated notes as a percentage of the aggregate principal amount outstanding plus accrued and unpaid interest in case of change of control			99.00%
Debt instrument, maturity date				Jun. 1, 2023
Debt issue costs, discount				$ 2,250
Senior Secured Credit Facility Agreement
Debt Instrument [Line Items]
Pre-payment of term loan		$ 13,451
Quarterly principal payments due		$ 1,427
First quarterly payment date		Jun. 30, 2017
Last quarterly payment date		Mar. 31, 2022
Remaining principal		$ 635,250
Remaining principal due date		May 8, 2022
Debt instrument, reduction in interest rate	(0.25%)
Debt issuance costs				802
Loss on debt amendments and refinancing				$ 249

Summary of Changes in Stockhold

Summary of Changes in Stockholders Equity (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016		Sep. 30, 2015
Shareholders Equity [Line Items]
Cinemark Holdings, Inc. stockholder's equity, Beginning Balance			$ 1,099,708
Total Equity, Beginning Balance			1,110,813		$ 1,123,129
Noncontrolling Interests, Beginning balance			11,105
Share based awards compensation expense			10,247		9,850
Stock withholdings related to share based awards that vested			(6,828)		(4,770)
Issuance of common stock related to restricted stock units that vested			1
Tax benefit related to share based awards vesting and dividends paid on unvested stock					2,417
Tax benefit related to share based awards vesting			1,797
Dividends paid to stockholders			(94,117)	[1]	(86,882)	[2]
Dividends accrued on unvested restricted stock unit awards			(360)	[1]	(298)	[2]
Dividends paid to noncontrolling interests			(515)		(294)
Net income attributable to Cinemark Holdings, Inc.	$ 65,655	$ 46,339	178,086		159,118
Net income attributable to Noncontrolling Interests	(471)	(362)	(1,454)		(1,375)
Net income	66,126	46,701	179,540		160,493
Fair value adjustments on interest rate swap agreements designated as hedges, net of settlements, net of taxes		767	234		2,379
Gain realized on available-for-sale securities, net of taxes of $1,180			(2,011)
Fair value adjustments on available-for-sale securities, net of taxes		(2,092)			(1,680)
Other comprehensive income (loss) in equity method investees	(7)	(72)	(183)		(3,010)
Foreign currency translation adjustments	(3,669)	(59,181)	34,998		(105,228)
Cinemark Holding, Inc. stockholder's equity, Ending Balance	1,221,548		1,221,548
Noncontrolling Interests, Ending Balance	12,068		12,068
Total Equity, Ending Balance	1,233,616	1,096,106	1,233,616		1,096,106
Cinemark Holdings, Inc. Stockholders' Equity
Shareholders Equity [Line Items]
Cinemark Holdings, Inc. stockholder's equity, Beginning Balance			1,099,708		1,112,800
Share based awards compensation expense			10,247		9,850
Stock withholdings related to share based awards that vested			(6,828)		(4,770)
Issuance of common stock related to restricted stock units that vested			1
Tax benefit related to share based awards vesting and dividends paid on unvested stock					2,417
Tax benefit related to share based awards vesting			1,797
Dividends paid to stockholders			(94,117)	[1]	(86,882)	[2]
Dividends accrued on unvested restricted stock unit awards			(360)	[1]	(298)	[2]
Net income attributable to Cinemark Holdings, Inc.			178,086		159,118
Fair value adjustments on interest rate swap agreements designated as hedges, net of settlements, net of taxes			234		2,379
Gain realized on available-for-sale securities, net of taxes of $1,180			(2,011)
Fair value adjustments on available-for-sale securities, net of taxes					(1,680)
Other comprehensive income (loss) in equity method investees			(183)		(3,010)
Foreign currency translation adjustments			34,974		(105,193)
Cinemark Holding, Inc. stockholder's equity, Ending Balance	1,221,548	1,084,731	1,221,548		1,084,731
Noncontrolling Interests
Shareholders Equity [Line Items]
Noncontrolling Interests, Beginning balance			11,105		10,329
Dividends paid to noncontrolling interests			(515)		(294)
Net income attributable to Noncontrolling Interests			1,454		1,375
Foreign currency translation adjustments			24		(35)
Noncontrolling Interests, Ending Balance	$ 12,068	$ 11,375	$ 12,068		$ 11,375
[1]	Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2016: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total 02/24/16 03/07/16 03/18/16 $ 0.27 $ 31,367 05/26/16 06/08/16 06/22/16 $ 0.27 31,373 08/18/16 08/31/16 09/13/16 $ 0.27 31,737 Total $ 0.81 $ 94,477
[2]	Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2015: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total 02/17/15 03/04/15 03/19/15 $ 0.25 $ 29,024 05/18/15 06/05/15 06/19/15 $ 0.25 29,076 08/20/15 08/31/15 09/11/15 $ 0.25 29,080 Total $ 0.75 $ 87,180

Summary of Changes in Stockho41

Summary of Changes in Stockholders Equity (Parenthetical) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Mar. 30, 2016	Sep. 30, 2015	Jun. 30, 2015	Mar. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Shareholders Equity [Line Items]
Unrealized loss due to fair value adjustments on interest rate swap agreements, taxes	$ 0			$ 454			$ 138	$ 1,412
Gain realized on available-for-sale securities, taxes							1,180
Unrealized (loss) gain due to fair value adjustments on available-for-sale securities, taxes	$ 0			$ 1,234			$ 0	$ 998
Declaration Date	Aug. 18, 2016	May 26, 2016	Feb. 24, 2016	Aug. 20, 2015	May 18, 2015	Feb. 17, 2015
Record Date	Aug. 31, 2016	Jun. 8, 2016	Mar. 7, 2016	Aug. 31, 2015	Jun. 5, 2015	Mar. 4, 2015
Date Paid	Sep. 13, 2016	Jun. 22, 2016	Mar. 18, 2016	Sep. 11, 2015	Jun. 19, 2015	Mar. 19, 2015
Dividends declared per common share	$ 0.27	$ 0.27	$ 0.27	$ 0.25	$ 0.25	$ 0.25	$ 0.81	$ 0.75
Total	$ 31,737	$ 31,373	$ 31,367	$ 29,080	$ 29,076	$ 29,024	$ 94,477	$ 87,180
Cinemark Holdings, Inc. Stockholders' Equity
Shareholders Equity [Line Items]
Unrealized loss due to fair value adjustments on interest rate swap agreements, taxes							138	1,412
Gain realized on available-for-sale securities, taxes							$ 1,180
Unrealized (loss) gain due to fair value adjustments on available-for-sale securities, taxes								$ 998

Summary of Activity with NCM In

Summary of Activity with NCM Included in Company's Consolidated Financial Statements (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Equity Method Investments [Line Items]
Equity in income of affiliates		$ 12,390	$ 11,047	$ 24,597	$ 20,372
Cash Received
Schedule of Equity Method Investments [Line Items]
Receipt of excess cash distributions				14,071
Receipt under tax receivable agreement				5,706
Revenues earned under ESA	[1]			8,345
Ending Balance		28,122		28,122
Other Revenue
Schedule of Equity Method Investments [Line Items]
Revenues earned under ESA	[1]			(8,345)
Ending Balance		(15,298)		(15,298)
Equity in Income
Schedule of Equity Method Investments [Line Items]
Equity in income of affiliates				(7,660)
Distributions from NCM
Schedule of Equity Method Investments [Line Items]
Receipt of excess cash distributions				(7,176)
Receipt under tax receivable agreement				(2,941)
Ending Balance		(10,117)		(10,117)
Investment In NCM
Schedule of Equity Method Investments [Line Items]
Beginning Balance				183,755
Receipt of common units due to annual common unit adjustment				11,111
Receipt of excess cash distributions				(6,895)
Receipt under tax receivable agreement				(2,765)
Equity in income of affiliates				(7,660)
Ending Balance		192,866		192,866
Deferred Revenue
Schedule of Equity Method Investments [Line Items]
Receipt of common units due to annual common unit adjustment				(11,111)
Beginning Balance				(342,134)
Ending Balance		(346,292)		(346,292)
NCM
Schedule of Equity Method Investments [Line Items]
Beginning Balance				183,755
Equity in income of affiliates		5,815	$ 6,263	7,660	$ 6,672
Ending Balance		192,866		192,866
Beginning Balance				(342,134)
Ending Balance		$ (346,292)		(346,292)
NCM | Other Revenue
Schedule of Equity Method Investments [Line Items]
Amortization of deferred revenue				(6,953)
NCM | Equity in Income
Schedule of Equity Method Investments [Line Items]
Equity in income of affiliates				(7,660)
NCM | Deferred Revenue
Schedule of Equity Method Investments [Line Items]
Amortization of deferred revenue				$ 6,953
[1]	Amount includes the per patron and per digital screen theatre access fees due to the Company, net of amounts due to NCM for on-screen advertising time provided to the Company's beverage concessionaire of approximately $0.

Summary of Activity with NCM 43

Summary of Activity with NCM Included in Company's Consolidated Financial Statements (Parenthetical) (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Schedule of Equity Method Investments [Line Items]
Company's beverage concessionaire advertising costs	$ 8,002

Investment in National CineMe44

Investment in National CineMedia - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Equity Method Investments [Line Items]
Equity in (loss) earnings	$ 12,390	$ 11,047	$ 24,597	$ 20,372
Number of additional common units of NCM received under common unit adjustment agreement			753,598
Value of common units received from NCM			$ 11,111	15,421
Remaining term of exhibitor services agreement			20 years
Number of common units of NCM owned by Company	26,384,644		26,384,644
Interest in common units of NCM owned by Company	19.00%		19.00%
Investment In NCM
Schedule of Equity Method Investments [Line Items]
Equity in (loss) earnings			$ (7,660)
Estimated fair value of investment using NCMI's stock price	$ 388,382		$ 388,382
NCMI stock price	$ 14.72		$ 14.72
NCM
Schedule of Equity Method Investments [Line Items]
Equity in (loss) earnings	$ 5,815	$ 6,263	$ 7,660	6,672
Contract termination costs incurred by NCM			26,800
NCM | Theatre Properties and Equipment
Schedule of Equity Method Investments [Line Items]
Payment for installation of certain equipment used for digital advertising			$ 41	$ 39

Summary Financial Information f

Summary Financial Information for National CineMedia (Detail) - NCM - USD ($) $ in Thousands	3 Months Ended		6 Months Ended	9 Months Ended
	Jun. 30, 2016	Oct. 01, 2015	Jun. 30, 2016	Oct. 01, 2015
Schedule of Equity Method Investments [Line Items]
Gross revenues	$ 115,383	$ 111,662	$ 191,625	$ 310,061
Operating income	46,679	47,685	52,430	78,961
Net earnings (loss)	$ 33,220	$ 34,844	$ 25,710	$ 38,519

Other Investments (Detail)

Other Investments (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	$ 100,621	$ 94,973
Other Affiliates
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	100,621	94,973
Digital Cinema Implementation Partners | Other Affiliates
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	88,108	71,579
AC JV, LLC | Other Affiliates
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	7,389	7,269
Digital Cinema Distribution Coalition | Other Affiliates
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	3,373	2,562
Other Investment | Other Affiliates
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	$ 1,751	$ 663

Summary of Activity for Each of

Summary of Activity for Each of Investments (Detail) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended		9 Months Ended
		Dec. 31, 2013	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Equity Method Investments [Line Items]
Investments, beginning balance					$ 94,973
Equity in income of affiliates			$ 12,390	$ 11,047	24,597	$ 20,372
Equity in comprehensive loss			(7)	$ (72)	(183)	$ (3,010)
Investments, ending balance			100,621		100,621
Other Affiliates
Schedule of Equity Method Investments [Line Items]
Investments, beginning balance					94,973
Cash contributions					1,706
Equity in income of affiliates					16,937
Equity in comprehensive loss					(183)
Sale of investment	[1]				(12,900)
Other					88
Investments, ending balance			100,621		100,621
Digital Cinema Implementation Partners | Other Affiliates
Schedule of Equity Method Investments [Line Items]
Investments, beginning balance					71,579
Cash contributions					706
Equity in income of affiliates					16,006
Equity in comprehensive loss					(183)
Investments, ending balance			88,108		88,108
RealD | Other Affiliates
Schedule of Equity Method Investments [Line Items]
Investments, beginning balance					12,900
Sale of investment	[1]				(12,900)
AC JV, LLC | Other Affiliates
Schedule of Equity Method Investments [Line Items]
Investments, beginning balance					7,269
Cash contributions		$ 268
Equity in income of affiliates					120
Investments, ending balance			7,389		7,389
Digital Cinema Distribution Coalition | Other Affiliates
Schedule of Equity Method Investments [Line Items]
Investments, beginning balance					2,562
Equity in income of affiliates					811
Investments, ending balance			3,373		3,373
Other Investment | Other Affiliates
Schedule of Equity Method Investments [Line Items]
Investments, beginning balance					663
Cash contributions					1,000
Other					88
Investments, ending balance			$ 1,751		$ 1,751
[1]	See further discussion of the sale of the investment held by the Company under RealD, Inc. below.

Other Investments - Additional

Other Investments - Additional Information (Detail) $ / shares in Units, $ in Thousands	Mar. 22, 2016USD ($)$ / shares	Dec. 31, 2013USD ($)	Mar. 31, 2011$ / shares	Sep. 30, 2016USD ($)ProjectionSystem	Sep. 30, 2015USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2011shares
Schedule of Equity Method Investments [Line Items]
Number of options to purchase common stock | shares							1,222,780
Exercise price of options, per share | $ / shares			$ 0.00667
Proceeds from sale of marketable securities				$ 13,451
Other Affiliates
Schedule of Equity Method Investments [Line Items]
Cash contributions				$ 1,706
Other Affiliates | Digital Cinema Implementation Partners
Schedule of Equity Method Investments [Line Items]
Percentage of voting interest				33.00%
Economic interest in Digital Cinema Implementation Partners				24.30%
Number of equipment being leased under master equipment lease agreement | ProjectionSystem				3,788
Cash contributions				$ 706
Other Affiliates | RealD
Schedule of Equity Method Investments [Line Items]
Purchase price per share | $ / shares	$ 11
Proceeds from sale of marketable securities	$ 13,451
Gain on investment				3,742
Unrealized holding gain previously recorded in AOCI				3,191
Other Affiliates | AC JV, LLC
Schedule of Equity Method Investments [Line Items]
Ownership of class A units sold to Founding Members		97.00%
Cash contributions		$ 268
Ownership of class A units		1.00%
Ownership of class A units						31.00%
Aggregate value of Class A units						$ 25,000
Promissory note term						6 years
Original principal value of promissory note with NCM						$ 8,333
Annual interest rate on promissory note		5.00%				5.00%
Remaining outstanding balance of note payable				5,555
Other Affiliates | AC JV, LLC | Film rentals and advertising
Schedule of Equity Method Investments [Line Items]
Event fees				$ 7,808	$ 9,031
Other Affiliates | Digital Cinema Distribution Coalition
Schedule of Equity Method Investments [Line Items]
Percentage of voting interest				14.60%
Payments for content delivery services				$ 707	$ 542

Summary Financial Information49

Summary Financial Information for DCIP (Detail) - Digital Cinema Implementation Partners - Other Affiliates - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Equity Method Investments [Line Items]
Revenues	$ 48,274	$ 43,129	$ 133,675	$ 123,731
Operating income	31,180	26,178	82,369	72,945
Net income	$ 26,949	$ 20,189	$ 67,728	$ 54,153

Transactions with DCIP (Detail)

Transactions with DCIP (Detail) - Digital Cinema Implementation Partners - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Equity Method Investments [Line Items]
Equipment lease payments	$ 1,333	$ 1,084	$ 3,864	$ 3,133
Warranty reimbursements from DCIP	(1,608)	(1,137)	(4,367)	(3,124)
Management services fees	$ 207	$ 205	$ 619	$ 619

Summary of Treasury Stock Activ

Summary of Treasury Stock Activity (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)shares
Schedule of Treasury Stock [Line Items]
Beginning Balance, Shares | shares	4,183,504
Restricted stock withholdings | shares	206,502	[1]
Restricted stock forfeitures | shares	54,210
Ending Balance, Shares | shares	4,444,216
Beginning Balance, Cost | $	$ 66,577
Restricted stock withholdings | $	6,828	[1]
Restricted stock forfeitures | $	0
Ending Balance, Cost | $	$ 73,405
[1]	The Company withheld restricted shares as a result of the election by certain employees to satisfy their tax liabilities upon vesting in restricted stock and restricted stock units. The Company determined the number of shares to be withheld based upon market values ranging from $29.17 to $38.11 per share.

Summary of Treasury Stock Act52

Summary of Treasury Stock Activity (Parenthetical) (Detail)	9 Months Ended
	Sep. 30, 2016$ / shares
Minimum
Schedule of Treasury Stock [Line Items]
Market Value of Restricted Shares	$ 29.17
Maximum
Schedule of Treasury Stock [Line Items]
Market Value of Restricted Shares	$ 38.11

Treasury Stock and Share Base53

Treasury Stock and Share Based Awards - Additional Information (Detail) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)$ / sharesshares
Restricted Stock
Stockholders Equity Note [Line Items]
Shares of Restricted Stock, Granted | shares	322,700
Market value of common stock on the dates of grant | $ / shares	$ 30.68
Minimum forfeiture rate for restricted stock awards	0.00%
Maximum forfeiture rate for restricted stock awards	10.00%
Unrecognized compensation expense | $	$ 13,648
Compensation Expense recognition period (in years)	2 years
Restricted Stock | Director
Stockholders Equity Note [Line Items]
Award vesting period for restricted stock granted	1 year
Restricted Stock | Minimum
Stockholders Equity Note [Line Items]
Market value of common stock on the dates of grant | $ / shares	$ 29.83
Restricted Stock | Minimum | Employees
Stockholders Equity Note [Line Items]
Award vesting period for restricted stock granted	1 month
Restricted Stock | Maximum
Stockholders Equity Note [Line Items]
Market value of common stock on the dates of grant | $ / shares	$ 36.46
Restricted Stock | Maximum | Employees
Stockholders Equity Note [Line Items]
Award vesting period for restricted stock granted	4 years
Restricted Stock Units (RSUs)
Stockholders Equity Note [Line Items]
Market value of common stock on the dates of grant | $ / shares	$ 29.83
Unrecognized compensation expense | $	$ 7,354
Compensation Expense recognition period (in years)	2 years
Number of hypothetical shares of common stock issued to employees | shares	253,661
Percentage of IRR, which is the threshold	6.00%
Percentage of IRR, which is the target	8.00%
Percentage of IRR, which is the maximum	10.00%
Percentage of restricted stock units vest	100.00%
Percentage of IRR expected	9.00%
Number of hypothetical shares of common stock at assumed IRR level | shares	557,077
Actual cumulative forfeitures (in units) | shares	30,598
Incremental share based award compensation expense | $	$ 994
Restricted Stock Units (RSUs) | Minimum
Stockholders Equity Note [Line Items]
Expected forfeiture rate	0.00%
Restricted Stock Units (RSUs) | Maximum
Stockholders Equity Note [Line Items]
Expected forfeiture rate	10.00%

Summary of Restricted Stock Act

Summary of Restricted Stock Activity (Detail) - Restricted Stock	9 Months Ended
	Sep. 30, 2016$ / sharesshares
Shares of Restricted Stock
Shares of Restricted Stock, Beginning balance | shares	757,775
Shares of Restricted Stock, Granted | shares	322,700
Shares of Restricted Stock, Vested | shares	(430,056)
Shares of Restricted Stock, Forfeited | shares	(54,210)
Shares of Restricted Stock, Ending balance | shares	596,209
Shares of Restricted Stock, Unvested restricted stock | shares	596,209
Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value Outstanding, Beginning | $ / shares	$ 30.73
Weighted Average Grant Date Fair Value, Granted | $ / shares	30.68
Weighted Average Grant Date Fair Value, Vested | $ / shares	26.60
Weighted Average Grant Date Fair Value, Forfeited | $ / shares	33.83
Weighted Average Grant Date Fair Value Outstanding, Ending | $ / shares	33.41
Weighted Average Grant Date Fair Value, Unvested restricted stock | $ / shares	$ 33.41

Summary of Restricted Stock Awa

Summary of Restricted Stock Award Activity (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock unit awards that vested during the period	430,056
Fair value of restricted shares that vested during the period	$ 14,662	$ 10,291
Income tax benefit recognized upon vesting of share based awards	5,555	3,823
Compensation expense recognized during the period	$ 6,551	$ 7,142
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock unit awards that vested during the period	213,984	123,769
Fair value of restricted shares that vested during the period	$ 7,260	$ 5,483
Accumulated dividends paid upon vesting of restricted stock unit awards	662	442
Income tax benefit recognized upon vesting of share based awards	3,049	2,303
Compensation expense recognized during the period	$ 3,696	$ 2,708

Summary of Potential Number of

Summary of Potential Number of Shares Vesting under Restricted Stock Unit Awards (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)shares
Schedule of Restricted Stock Unit [Line Items]
Number of shares vesting at IRR of at least 6.0% | shares	84,554
Number of shares vesting at IRR of at least 8.0% | shares	169,107
Number of shares vesting at IRR of at least 10.0% | shares	253,661
Value at grant at IRR of at least 6.0% | $	$ 2,522
Value at grant at IRR of at least 8.0% | $	5,044
Value at grant at IRR of at least 10.0% | $	$ 7,568

Summary of Goodwill (Detail)

Summary of Goodwill (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Goodwill [Line Items]
Beginning Balance	$ 1,247,548	[1]
Acquisition of U.S. theatres	7,607
Foreign currency translation adjustments	7,290
Ending Balance	1,262,445	[1]
U.S. Operating Segment
Goodwill [Line Items]
Beginning Balance	1,156,556	[1]
Acquisition of U.S. theatres	7,607
Ending Balance	1,164,163	[1]
International Operating Segment
Goodwill [Line Items]
Beginning Balance	90,992	[1]
Foreign currency translation adjustments	7,290
Ending Balance	$ 98,282	[1]
[1]	Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment.

Summary of Goodwill (Parentheti

Summary of Goodwill (Parenthetical) (Detail) $ in Thousands	Sep. 30, 2016USD ($)
U.S. Operating Segment
Goodwill [Line Items]
Accumulated impairment losses	$ 214,031
International Operating Segment
Goodwill [Line Items]
Accumulated impairment losses	$ 27,622

Goodwill and Other Intangible59

Goodwill and Other Intangible Assets - Additional Information (Detail)	9 Months Ended	12 Months Ended
	Sep. 30, 2016CommunityCountry	Dec. 31, 2015Unit
Goodwill [Line Items]
Multiplication Value to Cash flows for the determination of fair value of Reporting units | Unit		8
Reporting unit percentage of fair value in excesses of carrying value amount		10.00%
U.S. Operating Segment
Goodwill [Line Items]
Number of reporting unit | Community	19
International Operating Segment
Goodwill [Line Items]
Number of reporting unit | Country	7

Intangible Assets (Detail)

Intangible Assets (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Intangible Assets [Line Items]
Intangible assets with finite lives, Beginning balance	$ 99,968
Other, Gross carrying amount	(739)	[1]
Intangible assets with finite lives, Ending balance	99,732
Intangible assets with finite lives, Accumulated amortization, Beginning balance	(59,706)
Accumulated amortization additions	0	[2]
Accumulated amortization	(4,086)
Other Accumulated Amortization of Intangible Assets	541	[1]
Intangible assets with finite lives, Accumulated amortization, Ending balance	(63,251)
Net intangible assets with finite lives, Beginning balance	40,262
Intangible assets with finite lives, additions	503	[2]
Amortization, intangible assets	(4,086)
Other, Finite lived intangible assets	(198)	[1]
Net intangible assets with finite lives, Ending balance	36,481
Indefinite-lived Intangible Assets, Tradename, Beginning Balance	299,382
Indefinite lived intangible assets, additions	0	[2]
Other, Tradename	344	[1]
Indefinite-lived Intangible Assets, Tradename, Ending Balance	299,726
Total intangible assets - net, Beginning balance	339,644
Other, Total intangible assets - net	146	[1]
Total intangible assets - net, Ending balance	$ 336,207
[1]	Includes write-off of intangible assets for closed theatres and foreign currency translation adjustments.
[2]	Reflects addition of non-compete agreement and favorable lease associated with theatres acquired in the U.S. during the nine months ended September 30, 2016.

Estimated Aggregate Future Amor

Estimated Aggregate Future Amortization Expense for Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
For the three months ended December 31, 2016	$ 1,220
For the twelve months ended December 31, 2017	4,987
For the twelve months ended December 31, 2018	4,912
For the twelve months ended December 31, 2019	4,007
For the twelve months ended December 31, 2020	4,282
Thereafter	17,073
Total	$ 36,481	$ 40,262

Impairment of Long-Lived Asse62

Impairment of Long-Lived Assets - Additional Information (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015
Indefinite-lived Intangible Assets [Line Items]
Estimated aggregate fair value of long-lived assets impaired during current period	$ 294
Remaining operating period assumed for fee owned properties	20 years
Multiple of cash flows used to estimate fair value of long-lived asset	6.5	6.5

Long-Lived Asset Impairment Cha

Long-Lived Asset Impairment Charges (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Impaired Long-Lived Assets Held and Used [Line Items]
Impairment of long-lived assets	$ 406	$ 633	$ 2,323	$ 4,955
U.S. Operating Segment
Impaired Long-Lived Assets Held and Used [Line Items]
Theatre properties	$ 406	$ 633	1,500	3,963
Intangible assets				$ 992
International Operating Segment
Impaired Long-Lived Assets Held and Used [Line Items]
Theatre properties			$ 823

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	Sep. 30, 2016USD ($)
Assets and Liabilities At Fair Value On Recurring Basis [Line Items]
Assets at fair value on recurring basis	$ 0
Liabilities at fair value on recurring basis	$ 0

Summary of Assets and Liabiliti

Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap liabilities - current		$ (373)
Other Investments	$ 100,621	94,973
Other Affiliates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Investments	$ 100,621	94,973
Other Affiliates | RealD
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Investments		12,900
Level 1 | Other Affiliates | RealD
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Investments		12,900
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap liabilities - current		$ (373)

Reconciliation of Beginning and

Reconciliation of Beginning and Ending Balance for Liabilities Measured at Fair Value on Recurring Basis Unobservable Inputs (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balances - Liabilities	$ 373	$ 4,572
Total loss included in accumulated other comprehensive loss	71	616
Settlements	$ (444)	(4,407)
Ending balances - Liabilities		$ 781

Foreign Currency Translation -

Foreign Currency Translation - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Foreign Currency Translation [Line Items]
Accumulated other comprehensive income (loss)	$ (238,672)	$ (271,686)
Cumulative foreign currency adjustments	$ (238,430)	$ (273,404)

Summary of Impact of Translatin

Summary of Impact of Translating Financial Statements of Certain of Company's International Subsidiaries (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015
Foreign Currency Translation [Line Items]
Other comprehensive Income (Loss)	$ (3,669)	$ (59,181)	$ 34,998	$ (105,228)
Cinemark Holdings, Inc. Stockholders' Equity
Foreign Currency Translation [Line Items]
Other comprehensive Income (Loss)			$ 34,974	$ (105,193)
Brazil
Foreign Currency Translation [Line Items]
Exchange Rate	3.26		3.26		3.96
Other comprehensive Income (Loss)			$ 40,331
Argentina
Foreign Currency Translation [Line Items]
Exchange Rate	15.33		15.33		12.95
Other comprehensive Income (Loss)			$ (10,452)
Colombia
Foreign Currency Translation [Line Items]
Exchange Rate	2,879.95		2,879.95		3,149.47
Other comprehensive Income (Loss)			$ 2,544
Chile
Foreign Currency Translation [Line Items]
Exchange Rate	664.91		664.91		709.16
Other comprehensive Income (Loss)			$ 2,958
Other foreign countries
Foreign Currency Translation [Line Items]
Other comprehensive Income (Loss)			(407)
International Subsidiaries | Cinemark Holdings, Inc. Stockholders' Equity
Foreign Currency Translation [Line Items]
Other comprehensive Income (Loss)			$ 34,974

Supplemental Information to Con

Supplemental Information to Condensed Consolidated Statements of Cash Flows (Detail) - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2016		Sep. 30, 2015
Schedule of Cash Flow, Supplemental [Line Items]
Cash paid for interest		$ 68,552		$ 65,439
Cash paid for income taxes, net of refunds received		66,757		80,723
Noncash investing and financing activities:
Change in accounts payable and accrued expenses for the acquisition of theatre properties and equipment	[1]	132		(1,072)
Theatre properties acquired under capital lease		11,292		20,914
Investment in NCM - receipt of common units (See Note 6)		11,111		15,421
Dividends accrued on unvested restricted stock unit awards		$ (360)	[2]	$ (298)	[3]
[1]	Additions to theatre properties and equipment included in accounts payable as of September 30, 2016 and December 31, 2015 were $11,022 and $11,154, respectively.
[2]	Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2016: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total 02/24/16 03/07/16 03/18/16 $ 0.27 $ 31,367 05/26/16 06/08/16 06/22/16 $ 0.27 31,373 08/18/16 08/31/16 09/13/16 $ 0.27 31,737 Total $ 0.81 $ 94,477
[3]	Below is a summary of dividends paid to stockholders and accrued on unvested restricted stock unit awards during the nine months ended September 30, 2015: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total 02/17/15 03/04/15 03/19/15 $ 0.25 $ 29,024 05/18/15 06/05/15 06/19/15 $ 0.25 29,076 08/20/15 08/31/15 09/11/15 $ 0.25 29,080 Total $ 0.75 $ 87,180

Supplemental Information to C70

Supplemental Information to Condensed Consolidated Statements of Cash Flows (Parenthetical) (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Schedule of Cash Flow, Supplemental [Line Items]
Additions to theatre properties and equipment included in accounts payable	$ 11,022	$ 11,154

Selected Financial Information

Selected Financial Information by Reportable Operating Segment (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Revenues		$ 768,574	$ 700,056	$ 2,217,847	$ 2,145,386
Adjusted EBITDA	[1]	184,891	159,147	537,933	508,030
Capital expenditures		98,823	76,639	230,346	232,351
Operating Segments | U.S. Operating Segment
Segment Reporting Information [Line Items]
Revenues		572,916	509,330	1,677,365	1,576,107
Adjusted EBITDA	[1]	137,540	113,059	409,018	372,079
Capital expenditures		75,839	48,868	175,218	167,082
Operating Segments | International Operating Segment
Segment Reporting Information [Line Items]
Revenues		199,476	194,497	551,212	580,335
Adjusted EBITDA	[1]	47,351	46,088	128,915	135,951
Capital expenditures		22,984	27,771	55,128	65,269
Eliminations
Segment Reporting Information [Line Items]
Revenues		$ (3,818)	$ (3,771)	$ (10,730)	$ (11,056)
[1]	Distributions from NCM and other cash distributions from equity investees are reported entirely within the U.S. operating segment.

Reconciliation of Net Income to

Reconciliation of Net Income to Adjusted EBITDA (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Net income		$ 66,126	$ 46,701	$ 179,540	$ 160,493
Add (deduct):
Income taxes		40,926	30,109	106,002	99,263
Interest expense	[1]	26,659	28,419	81,980	84,930
Other income	[2]	(14,540)	(1,501)	(32,510)	(8,453)
Loss on debt amendments and refinancing				13,284	925
Other cash distributions from equity investees	[3]	1,391	4,370	9,660	12,679
Depreciation and amortization		54,187	47,543	155,874	139,444
Impairment of long-lived assets		406	633	2,323	4,955
(Gain) loss on sale of assets and other		6,940	(500)	10,985	3,852
Deferred lease expenses		(162)	(521)	(809)	(1,809)
Amortization of long-term prepaid rents		371	519	1,357	1,901
Share based awards compensation expense		2,587	3,375	10,247	9,850
Adjusted EBITDA	[4]	$ 184,891	$ 159,147	$ 537,933	$ 508,030
[1]	Includes amortization of debt issue costs.
[2]	Includes interest income, foreign currency exchange (gain) loss and equity in income of affiliates and excludes distributions from NCM.
[3]	Includes cash distributions received from equity investees that were recorded as a reduction of the respective investment balances. In an effort to more closely align our reported Adjusted EBITDA with our operating cash flow, which provides our chief operating decision maker with more comprehensive cash flow information, and for consistency with our peers, beginning with the three months ended March 31, 2016, Adjusted EBITDA now includes total cash distributions received from equity investees, including the cash distributions recorded as a reduction of the respective investment balance. Adjusted EBITDA for the three and nine months ended September 30, 2015 has been adjusted to reflect comparable presentations.
[4]	Distributions from NCM and other cash distributions from equity investees are reported entirely within the U.S. operating segment.

Selected Financial Informatio73

Selected Financial Information by Geographic Area (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 768,574	$ 700,056	$ 2,217,847	$ 2,145,386
Theatre Properties and Equipment - net	1,613,109		1,613,109		$ 1,505,069
Reportable Geographical Components | U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	572,916	509,330	1,677,365	1,576,107
Theatre Properties and Equipment - net	1,235,180		1,235,180		1,175,535
Reportable Geographical Components | Brazil
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	85,051	68,340	231,556	230,953
Theatre Properties and Equipment - net	195,447		195,447		163,505
Reportable Geographical Components | Other foreign countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	114,425	126,157	319,656	349,382
Theatre Properties and Equipment - net	182,482		182,482		$ 166,029
Eliminations
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ (3,818)	$ (3,771)	$ (10,730)	$ (11,056)

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2016USD ($)LeasesFacilityTheatre	Sep. 30, 2015USD ($)
Copper Beech Capital LLC
Related Party Transaction [Line Items]
Amount paid for the use of aircraft	$ 94,000	$ 407,000
Syufy Enterprises, LP
Related Party Transaction [Line Items]
Number of theatres leased | Theatre	15
Number of parking facilities leased | Facility	1
Total number of leases | Leases	16
Number of leases with minimum annual rent | Leases	15
Number of leases without minimum annual rent | Leases	1
Total rent paid to Syufy	$ 17,806,000	16,708,000
Receivable from related parties	$ 521,000
Laredo Theatre, Ltd
Related Party Transaction [Line Items]
Company's interest in Laredo	75.00%
Lone Star Theatre's interest in Laredo	25.00%
Ownership interest held by David Roberts	100.00%
Percentage of common stock held by Chairman of the Board of Directors	9.00%
Percentage of management fees based on theatre revenues	5.00%
Maximum amount of theater revenue used to calculate management fees	$ 50,000,000
Percentage of management fees based on theatre revenues in excess	3.00%
Minimum amount of theater revenue used to calculate management fees	$ 50,000,000
Management fee revenues	$ 410,000	$ 448,000