AMC Entertainment (AMC) 10-Q 5 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 17, 2015
Entity Registrant Name	AMC ENTERTAINMENT HOLDINGS, INC.
Entity Central Index Key	1,411,579
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Class A common stock
Entity Common Stock, Shares Outstanding		21,575,532
Class B common stock
Entity Common Stock, Shares Outstanding		75,826,927

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues
Admissions	$ 533,382	$ 478,667	$ 952,076	$ 887,687
Food and beverage	250,516	211,597	451,040	393,361
Other theatre	37,181	36,309	71,087	68,283
Total revenues	821,079	726,573	1,474,203	1,349,331
Operating costs and expenses
Film exhibition costs	295,416	257,220	518,504	469,320
Food and beverage costs	35,807	30,341	64,315	55,464
Operating expense	205,414	189,283	392,672	368,976
Rent	115,022	113,861	232,943	228,805
General and administrative:
Merger, acquisition and transaction costs	261	572	1,839	934
Other	17,737	15,149	22,678	33,369
Depreciation and amortization	57,249	51,750	115,026	106,527
Operating costs and expenses	726,906	658,176	1,347,977	1,263,395
Operating income	94,173	68,397	126,226	85,936
Other expense (income)
Other expense (income)	9,273	(4,157)	9,273	(8,386)
Interest expense:
Corporate borrowings	24,717	27,989	50,796	57,647
Capital and financing lease obligations	2,331	2,486	4,704	5,011
Equity in earnings of non-consolidated entities	(9,362)	(9,597)	(10,686)	(4,213)
Investment expense (income)	(59)	172	(5,202)	(7,685)
Total other expense	26,900	16,893	48,885	42,374
Earnings from continuing operations before income taxes	67,273	51,504	77,341	43,562
Income tax provision	23,350	20,090	27,280	16,990
Earnings from continuing operations	43,923	31,414	50,061	26,572
Gain (loss) from discontinued operations, net of income taxes		(21)		313
Net earnings	$ 43,923	$ 31,393	$ 50,061	$ 26,885
Basic earnings per share:
Earnings from continuing operations	$ 0.45	$ 0.32	$ 0.51	$ 0.27
Earnings from discontinued operations				0.01
Basic earnings per share	$ 0.45	$ 0.32	$ 0.51	$ 0.28
Average shares outstanding-Basic	97,978	97,507	97,949	97,505
Diluted earnings per share:
Earnings from continuing operations	$ 0.45	$ 0.32	$ 0.51	$ 0.27
Earnings from discontinued operations				0.01
Diluted earnings per share	$ 0.45	$ 0.32	$ 0.51	$ 0.28
Average shares outstanding-Diluted	98,037	97,628	97,987	97,628
Dividends declared per basic and diluted common share (in dollars per share)	$ 0.20	$ 0.20	$ 0.40	$ 0.20

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net earnings	$ 43,923	$ 31,393	$ 50,061	$ 26,885
Foreign currency translation adjustment, net of tax	(695)	(599)	281	(433)
Pension and other benefit adjustments:
Net loss arising during the period, net of tax			(45)
Prior service credit arising during the period, net of tax			746
Less: reclassification adjustment for net (gain) loss realized in net earnings, net of tax	6	(210)	(1,693)	(421)
Less: reclassification adjustment for prior service credit realized in net earnings, net of tax		(254)	(1,762)	(508)
Less: reclassification adjustment for curtailment gain realized in net earnings, net of tax			(7,239)
Less: reclassification adjustment for settlement gain realized in net earnings, net of tax			(175)
Unrealized net gain on marketable securities
Unrealized net holding gain (loss) arising during the period, net of tax	(382)	1,340	443	3,359
Less: reclassification adjustment for net gain realized in net earnings, net of tax	(145)	(11)	(149)	(15)
Unrealized net gain from equity method investees' cash flow hedge:
Unrealized net holding gain arising during the period, net of tax	(21)	(240)	(382)	(272)
Less: reclassification adjustment for net loss realized in net earnings, net of tax	117	132	239	263
Other comprehensive income (loss)	(1,120)	158	(9,736)	1,973
Total comprehensive income	$ 42,803	$ 31,551	$ 40,325	$ 28,858

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and equivalents	$ 179,340	$ 218,206
Receivables, net	81,849	99,252
Deferred tax asset	108,071	107,938
Other current assets	93,291	84,343
Total current assets	462,551	509,739
Property, net	1,278,216	1,247,230
Intangible assets, net	221,112	225,515
Goodwill	2,289,800	2,289,800
Deferred tax asset	51,445	73,844
Other long-term assets	436,201	417,604
Total assets	4,739,325	4,763,732
Current liabilities:
Accounts payable	268,891	262,635
Accrued expenses and other liabilities	153,604	136,262
Deferred revenues and income	176,806	213,882
Current maturities of corporate borrowings and capital and financing lease obligations	17,615	23,598
Total current liabilities	616,916	636,377
Corporate borrowings	1,748,920	1,775,132
Capital and financing lease obligations	97,662	101,533
Exhibitor services agreement	316,009	316,815
Other long-term liabilities	437,402	419,717
Total liabilities	$ 3,216,909	$ 3,249,574
Commitments and contingencies
Class A common stock (temporary equity) ($.01 par value, 167,211 shares issued and 130,442 shares outstanding as of June 30, 2015; 173,150 shares issued and 136,381 shares outstanding as of December 31, 2014)	$ 1,364	$ 1,426
Stockholders' equity:
Additional paid-in capital	1,179,782	1,172,515
Treasury stock (36,769 shares as of June 30, 2015 and December 31, 2014, at cost)	(680)	(680)
Accumulated other comprehensive income	3,108	12,844
Accumulated earnings	337,870	327,081
Total stockholders' equity	1,521,052	1,512,732
Total liabilities and stockholders' equity	4,739,325	4,763,732
Class A common stock
Stockholders' equity:
Common stock value	214	214
Class B common stock
Stockholders' equity:
Common stock value	$ 758	$ 758

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Treasury stock, shares	36,769	36,769
Class A common stock
Common stock (temporary equity), par value (in dollars per share)	$ 0.01	$ 0.01
Common stock (temporary equity), shares issued (in shares)	167,211	173,150
Common stock (temporary equity), shares outstanding (in shares)	130,442	136,381
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, share authorized (in shares)	524,173,073	524,173,073
Common stock, shares issued (in shares)	21,445,090	21,423,839
Common stock, shares outstanding (in shares)	21,445,090	21,423,839
Class B common stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, share authorized (in shares)	75,826,927	75,826,927
Common stock, shares issued (in shares)	75,826,927	75,826,927
Common stock, shares outstanding (in shares)	75,826,927	75,826,927

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net earnings	$ 50,061,000	$ 26,885,000
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	115,026,000	106,527,000
Gain (loss) on redemption of debt		(8,544,000)
Amortization net premium on corporate borrowings	660,000	738,000
Deferred income taxes	28,624,000	15,440,000
Theatre and other closure expense	2,311,000	6,863,000
Loss (gain) on dispositions	281,000	(469,000)
Stock-based compensation	7,178,000	7,668,000
Equity in earnings and losses from non-consolidated entities, net of distributions	(267,000)	6,360,000
Landlord contributions	23,717,000	20,495,000
Deferred rent	(12,220,000)	(8,161,000)
Net periodic benefit credit	(18,003,000)	(1,709,000)
Change in assets and liabilities:
Receivables	33,170,000	46,142,000
Other assets	(8,626,000)	(1,785,000)
Accounts payable	5,754,000	(22,751,000)
Accrued expenses and other liabilities	(31,469,000)	(88,065,000)
Other, net	(3,282,000)	614,000
Net cash provided by operating activities	192,915,000	106,248,000
Cash flows from investing activities:
Capital expenditures	(143,757,000)	(115,208,000)
Investments in non-consolidated entities	(192,000)	(1,060,000)
Proceeds from the disposition of long-term assets	604,000	9,000
Other, net	(915,000)	1,540,000
Net cash used in investing activities	(144,260,000)	(114,719,000)
Cash flows from financing activities:
Payment of initial public offering costs		(281,000)
Cash used to pay dividends	(39,301,000)	(19,489,000)
Deferred financing costs	(11,009,000)	(7,874,000)
Principal payments under capital and financing lease obligations	(3,826,000)	(3,388,000)
Principal payments under Term Loan	(3,875,000)	(3,875,000)
Principal amount of coupon payment under Senior Subordinated Notes due 2020	(3,357,000)	(3,052,000)
Net cash used in financing activities	(87,482,000)	(302,687,000)
Effect of exchange rate changes on cash and equivalents	(39,000)	9,000
Net (decrease) in cash and equivalents	(38,866,000)	(311,149,000)
Cash and equivalents at beginning of period	218,206,000	546,454,000
Cash and equivalents at end of period	179,340,000	235,305,000
Cash paid during the period for:
Interest (net of amounts capitalized of $87 and $171)	53,939,000	56,631,000
Income taxes paid (refunded), net	(1,130,000)	1,875,000
Schedule of non-cash investing and financing activities:
Investments in NCM (See Note 2-Investments)	6,812,000	2,137,000
5.75 % Senior Subordinated Notes due 2025
Cash flows from financing activities:
Proceeds from issuance of Senior Subordinated Notes	600,000,000
5.875% Senior Subordinated Notes due 2022
Cash flows from financing activities:
Proceeds from issuance of Senior Subordinated Notes		375,000,000
9.75% Senior Subordinated Notes due 2020
Cash flows from financing activities:
Repurchase of Senior Subordinated Notes	$ (626,114,000)
8.75% Senior Notes due 2019
Cash flows from financing activities:
Repurchase of Senior Subordinated Notes		$ (639,728,000)

CONSOLIDATED STATEMENTS OF CAS7

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CONSOLIDATED STATEMENTS OF CASH FLOWS
Interest, capitalized	$ 87	$ 171

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2015
BASIS OF PRESENTATION
BASIS OF PRESENTATION	NOTE 1—BASIS OF PRESENTATION AMC Entertainment Holdings, Inc. ("Holdings"), through its direct and indirect subsidiaries, including AMC Entertainment Inc. ("AMCE"), American Multi-Cinema, Inc. and its subsidiaries, (collectively with Holdings, unless the context otherwise requires, the "Company" or "AMC"), is principally involved in the theatrical exhibition business and owns, operates or has interests in theatres primarily located in the United States. Holdings is an indirect subsidiary of Dalian Wanda Group Co., Ltd. ("Wanda"), a Chinese private conglomerate. As of June 30, 2015, Wanda owned approximately 77.85% of Holdings' outstanding common stock and 91.34% of the combined voting power of Holdings' outstanding common stock and has the power to control Holdings' affairs and policies, including with respect to the election of directors (and, through the election of directors, the appointment of management), entering into mergers, sales of substantially all of the Company's assets and other extraordinary transactions. Use of Estimates: The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions are used for, but not limited to: (1) Impairments, (2) Film exhibition costs, (3) Income and operating taxes, (4) Theatre and other closure expense, and (5) Gift card and packaged ticket income. Actual results could differ from those estimates. Principles of Consolidation: The accompanying unaudited consolidated financial statements include the accounts of Holdings and all subsidiaries, as discussed above, and should be read in conjunction with the Company's Annual Report on Form 10-K for the twelve months ended December 31, 2014. The June 30, 2015 consolidated balance sheet data does not include all disclosures required by generally accepted accounting principles. In the opinion of management, these interim financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair statement of the Company's financial position and results of operations. All significant intercompany balances and transactions have been eliminated in consolidation. There are no noncontrolling (minority) interests in the Company's consolidated subsidiaries; consequently, all of its stockholders' equity, net earnings (loss) and comprehensive income (loss) for the periods presented are attributable to controlling interests. Due to the seasonal nature of the Company's business, results for the six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the twelve months ending December 31, 2015. The Company manages its business under one reportable segment called Theatrical Exhibition. Other Expense (Income): The following table sets forth the components of other expense (income): Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Loss on redemption of 9.75% Senior Subordinated Notes due 2020 $ $ — $ $ — Gain on redemption of 8.75% Senior Notes due 2019 — ) — ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other expense (income) $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Presentation: In the Consolidated Statements of Cash Flows, certain line items within operating activities have been presented separately from the "other, net" line item in the current year presentation, with conforming reclassifications made for the prior period presentation.

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2015
INVESTMENTS
INVESTMENTS	NOTE 2—INVESTMENTS Investments in non-consolidated affiliates and certain other investments accounted for under the equity method generally include all entities in which the Company or its subsidiaries have significant influence, but not more than 50% voting control, and are recorded in the Consolidated Balance Sheets in other long-term assets. Investments in non-consolidated affiliates as of June 30, 2015, include interests in National CineMedia, LLC ("NCM" or "NCM LLC") of 15.04%, Digital Cinema Implementation Partners, LLC ("DCIP") of 29%, Open Road Releasing, LLC, operator of Open Road Films, LLC ("Open Road Films") of 50%, AC JV, LLC ("AC JV"), owner of Fathom Events of 32%, and interest in two U.S. motion picture theatres and one IMAX screen of 50%. Indebtedness held by equity method investees is non-recourse to the Company. RealD Inc. Common Stock. The Company holds an investment in RealD Inc. common stock, which is accounted for as an equity security, available for sale, and is recorded in the Consolidated Balance Sheets in other long-term assets at fair value (Level 1). Equity in Earnings (Losses) of Non-Consolidated Entities Aggregated condensed financial information of the Company's significant non-consolidated equity method investments is shown below: Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Revenues $ $ $ $ Operating costs and expenses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net earnings $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The components of the Company's recorded equity in earnings (losses) of non-consolidated entities are as follows: Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 National CineMedia, LLC $ $ $ ) $ Digital Cinema Implementation Partners, LLC Open Road Releasing, LLC ) — ) ) AC JV, LLC Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The Company's recorded equity in earnings $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ NCM Transactions. As of June 30, 2015, the Company owns 19,663,664 common membership units, or a 15.04% interest, in NCM. The estimated fair market value of the units in NCM was approximately $313,832,000, based on the publically quoted price per share of NCM, Inc. on June 30, 2015 of $15.96 per share. See Note 10—Commitments and Contingencies for information regarding the termination of the Screenvision, LLC merger agreement and the expenses associated with the termination. The Company recorded the following related party transactions with NCM: (In thousands) June 30, 2015 December 31, 2014 Due from NCM for on-screen advertising revenue $ $ Due to NCM for Exhibitor Services Agreement Promissory note payable to NCM Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 NCM screen advertising revenues, net of screen integration fee $ $ $ $ NCM beverage advertising expense The Company recorded the following changes in the carrying amount of its investment in NCM and equity in losses of NCM during the six months ended June 30, 2015: (In thousands) Investment in NCM(1) Exhibitor Services Agreement(2) Other Comprehensive (Income) Cash Received Equity in Losses Advertising (Revenue) Ending balance December 31, 2014 $ $ ) $ ) Receipt of common units(3) ) — Receipt of excess cash distributions ) — — $ $ — $ — Amortization of deferred revenue — — — — ) Unrealized gain from cash flow hedge — ) — — — Equity in earnings and loss from amortization of basis difference(4)(5) ) — — — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the period ended or balance as of June 30, 2015 $ $ ) $ ) $ $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) After Wanda acquired Holdings on August 30, 2012, the Company's investment in NCM consisted of a single investment tranche (Tranche 1 Investment) consisting of 17,323,782 membership units. Subsequent membership units received as provided under the Common Unit Adjustment Agreement dated as of February 13, 2007, are recorded in a separate tranche (Tranche 2 Investments). (2) Represents the unamortized portion of the Exhibitor Services Agreement ("ESA") with NCM. Such amounts are being amortized to other theatre revenues over the remainder of the 30 year term of the ESA ending in 2036, using a units-of-revenue method, as described in ASC 470-10-35 (formerly EITF 88-18, Sales of Future Revenues ). (3) In March 2015, the Company received 469,163 membership units recorded at a fair value (Level 1) of $14.52 per unit with a corresponding credit to the ESA. (4) Reflects percentage ownership of NCM's earnings on both Tranche 1 and Tranche 2 Investments. (5) Certain differences between the Company's carrying value and the Company's share of NCM's membership equity have been identified and are amortized to equity in earnings over the respective lives of the assets and liabilities. During the six months ended June 30, 2015 and June 30, 2014, the Company received payments of $5,352,000 and $8,045,000, respectively, related to the NCM tax receivable agreement. The receipts are recorded in investment expense (income), net of related amortization, for the NCM tax receivable agreement intangible asset. DCIP Transactions. The Company will make capital contributions to DCIP for projector and installation costs in excess of an agreed upon cap ($68,000 per system for digital conversions and as of March 31, 2015, $39,000 for new build locations). The Company pays equipment rent monthly and records the equipment rental expense on a straight-line basis over 12 years. The Company recorded the following related party transactions with DCIP: (In thousands) June 30, 2015 December 31, 2014 Due from DCIP for equipment and warranty purchases $ $ Deferred rent liability for digital projectors Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Digital equipment rental expense (continuing operations) $ $ $ $ Open Road Films Transactions. For the three months and six months ended June 30, 2015 and June 30, 2014, the Company suspended equity method accounting for its investment in Open Road Films when the negative investment in Open Road Films reached the Company's capital commitment of $10,000,000. The Company recorded the following related party transactions with Open Road Films: (In thousands) June 30, 2015 December 31, 2014 Due from Open Road Films $ $ Film rent payable to Open Road Films Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Gross film exhibition cost on Open Road Films $ $ $ $ AC JV Transactions. The Company recorded the following related party transactions with AC JV: (In thousands) June 30, 2015 December 31, 2014 Due to AC JV for Fathom Events programming $ $ Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Gross exhibition cost on Fathom Events programming $ $ $ $

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2015
STOCKHOLDERS' EQUITY
STOCKHOLDERS' EQUITY	NOTE 3—STOCKHOLDERS' EQUITY Common Stock Rights and Privileges The rights of the holders of Holdings' Class A common stock and Holdings' Class B common stock are identical, except with respect to voting and conversion applicable to the Class B common stock. Holders of Holdings' Class A common stock are entitled to one vote per share and holders of Holdings' Class B common stock are entitled to three votes per share. Holders of Class A common stock and Class B common stock will share ratably (based on the number of shares of common stock held) in any dividend declared by its board of directors, subject to any preferential rights of any outstanding preferred stock. The Class A common stock is not convertible into any other shares of Holdings' capital stock. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. In addition, each share of Class B common stock shall convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain transfers described in Holdings' certificate of incorporation. Dividends The following is a summary of dividends and dividend equivalents paid to stockholders during the six months ended June 30, 2015: Declaration Date Record Date Date Paid Amount per Share of Common Stock Total Amount Declared (In thousands) February 3, 2015 March 9, 2015 March 23, 2015 $ $ April 27, 2015 June 8, 2015 June 22, 2015 During the six months ended June 30, 2015, the Company paid dividends and dividend equivalents of $39,301,000, increased additional paid-in capital for recognition of deferred tax assets of $134,000 related to the dividend equivalents paid and accrued $196,000 for the remaining unpaid dividends at June 30, 2015. The aggregate dividends paid for Class A common stock, Class B common stock, and dividend equivalents were approximately $8,630,000, $30,330,000, and $341,000, respectively, during the six months ended June 30, 2015. Related Party Transaction As of June 30, 2015 and December 31, 2014, the Company recorded a receivable due from Wanda of $416,000 and $156,000, respectively, for reimbursement of general administrative and other expense incurred on behalf of Wanda. Temporary Equity Certain members of management have the right to require Holdings to repurchase the Class A common stock held by them under certain limited circumstances pursuant to the terms of a stockholders agreement. Beginning on January 1, 2016 (or upon the termination of a management stockholder's employment by the Company without cause, by the management stockholder for good reason, or due to the management stockholder's death or disability) management stockholders will have the right, in limited circumstances, to require Holdings to purchase shares that are not fully and freely tradeable at a price equal to the price per share paid by such management stockholder with appropriate adjustments for any subsequent events such as dividends, splits, or combinations. The shares of Class A common stock subject to the stockholder agreement are classified as temporary equity, apart from permanent equity, as a result of the contingent redemption feature contained in the stockholder agreement. The Company determined the amount reflected in temporary equity for the Class A common stock based on the price paid per share by the management stockholders and Wanda on August 30, 2012, the date Wanda acquired Holdings. During the three months ended June 30, 2015, one holder of 5,939 shares relinquished his put right, therefore the related share amount of $62,000 was reclassified to stockholders' equity. Stock-Based Compensation Holdings adopted a stock-based compensation plan in December of 2013. The Company recognized stock-based compensation expense of $1,439,000 and $1,311,000 within general and administrative: other during the three months ended June 30, 2015 and June 30, 2014, respectively, and $7,178,000 and $7,668,000 during the six months ended June 30, 2015 and June 30, 2014, respectively. The Company's financial statements reflect an increase to additional paid-in capital related to stock-based compensation of $7,178,000 during the six months ended June 30, 2015. As of June 30, 2015, there was approximately $2,889,000 of total estimated unrecognized compensation cost, assuming attainment of the performance targets at 100%, related to stock-based compensation arrangements expected to be recognized during the remainder of calendar 2015. 2013 Equity Incentive Plan The 2013 Equity Incentive Plan provides for grants of non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock awards, restricted stock units, performance stock units, stock awards, and cash performance awards. The maximum number of shares of Holdings' common stock available for delivery pursuant to awards granted under the 2013 Equity Incentive Plan is 9,474,000 shares. At June 30, 2015, the aggregate number of shares of Holdings' common stock remaining available for grant was 8,311,476 shares. Awards Granted in 2015 Holdings' Board of Directors approved awards of stock, restricted stock units ("RSUs"), and performance stock units ("PSUs") to certain of the Company's employees and directors under the 2013 Equity Incentive Plan. The fair value of the stock at the grant dates of January 5, 2015 and March 6, 2015 was $24.97 and $33.96 per share, respectively, and was based on the closing price of Holdings' stock. The award agreements generally had the following features: • Stock Award Agreement: On January 5, 2015, 4 members of Holdings' Board of Directors were granted an award of 3,828 fully vested shares of Class A common stock each, for a total award of 15,312 shares. The Company recognized approximately $382,000 of expense in general and administrative: other expense during the six months ended June 30, 2015, in connection with these share grants. • Restricted Stock Unit Award Agreement: On March 6, 2015, RSU awards of 84,649 units were granted to certain members of management. Each RSU represents the right to receive one share of Class A common stock at a future date. The RSUs were fully vested at the date of grant. The RSUs will not be settled, and will be non-transferable, until the third anniversary of the date of grant. Under certain termination scenarios defined in the award agreement, the RSUs may be settled within 60 days following termination of service. Participants will receive dividend equivalents equal to the amount paid in respect to the shares of Class A common stock underlying the RSUs. The Company recognized approximately $2,875,000 of expense in general and administrative: other expense during the six months ended June 30, 2015, in connection with these fully vested awards. On March 6, 2015, RSU awards of 58,749 units were granted to certain executive officers. The RSUs will be forfeited if Holdings does not achieve a specified cash flow from operating activities target for the twelve months ended December 31, 2015. These awards do not contain a service condition. The vested RSUs will not be settled, and will be non-transferable, until the third anniversary of the date of grant. Under certain termination scenarios defined in the award agreement, the vested RSUs may be settled within 60 days following termination of service. A dividend equivalent equal to the amount paid in respect of one share of Class A common stock underlying the RSUs began to accrue with respect to the RSUs on the date of grant. Such accrued dividend equivalents are paid to the holder upon vesting of the RSUs. Thereafter, dividend equivalents are paid to the holder whenever dividends are paid on the Class A common stock. The grant date fair value was $1,995,000. The Company recognized expense for these awards of $1,995,000, in general and administrative: other expense, during the six months ended June 30, 2015, based on current estimates that the performance condition is expected to be achieved. • Performance Stock Unit Award Agreement: On March 6, 2015, PSU awards were granted to certain members of management and executive officers, with both a 2015 free cash flow performance target condition and a service condition, ending on December 31, 2015. The PSUs will vest ratably based on a scale ranging from 80% to 120% of the performance target with the vested amount ranging from 30% to 150%. If the performance target is met at 100%, the PSU awards granted on March 6, 2015 will be 143,398 units. No PSUs will vest if Holdings does not achieve the free cash flow minimum performance target or the participant's service does not continue through the last day of the performance period, during the twelve months ended December 31, 2015. The vested PSUs will not be settled, and will be non-transferable, until the third anniversary of the date of grant. Under certain termination scenarios defined in the award agreement, the vested PSUs may be settled within 60 days following termination of service. A dividend equivalent equal to the amount paid in respect of one share of Class A common stock underlying the PSUs began to accrue with respect to the PSUs on the date of grant. Such accrued dividend equivalents are paid to the holder upon vesting of the PSUs. Thereafter, dividend equivalents are paid to the holder whenever dividends are paid on the Class A common stock. Assuming attainment of the performance target at 100%, the grant date fair value for these awards was approximately $4,870,000. The Company recognized $1,439,000 and $1,926,000 of expense, in general and administrative: other expense during the three months ended June 30, 2015 and the six months ended June 30, 2015, respectively, based on current estimates that the target performance condition is expected to be achieved at 100%. The following table represents the RSU and PSU activity for the six months ended June 30, 2015: Shares of RSU and PSU Weighted Average Grant Date Fair Value Beginning balance at January 1, 2015 — $ — Granted(1) Vested(2) ) Forfeited ) ​ ​ ​ ​ ​ ​ ​ ​ Nonvested at June 30, 2015 $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) The number of shares granted under the PSU award, assumes Holdings will attain a performance target at 100%. The PSUs will vest ratably based on a scale ranging from 80% to 120% of the performance target with the vested amount ranging from 30% to 150%. (2) Includes vested units of 3,131 that were withheld to cover tax obligations and were subsequently canceled. As a result of this transaction, additional paid-in capital decreased by $107,000.

CORPORATE BORROWINGS

CORPORATE BORROWINGS	6 Months Ended
	Jun. 30, 2015
CORPORATE BORROWINGS
CORPORATE BORROWINGS	NOTE 4—CORPORATE BORROWINGS A summary of the carrying value of corporate borrowings and capital and financing lease obligations is as follows: (In thousands) June 30, 2015 December 31, 2014 Senior Secured Credit Facility-Term Loan due 2020 (3.50% as of June 30, 2015) $ $ 5% Promissory Note payable to NCM due 2019 9.75% Senior Subordinated Notes due 2020 5.875% Senior Subordinated Notes due 2022 5.75% Senior Subordinated Notes due 2025 — Capital and financing lease obligations, 6.0% - 11.5% ​ ​ ​ ​ ​ ​ ​ ​ Less: current maturities ) ) ​ ​ ​ ​ ​ ​ ​ ​ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AMCE's Notes due 2020 On May 26, 2015, AMCE launched a cash tender offer for any and all of its outstanding 9.75% Senior Subordinated Notes due 2020 ("Notes due 2020") at a purchase price of $1,093 for each $1,000 principal amount of Notes due 2020 validly tendered and accepted by AMCE on or before June 2, 2015 at 8:00 a.m. New York City time (the "Expiration Date"). Holders of $581,324,000, or approximately 96.9%, of the Notes due 2020 validly tendered and did not withdraw their Notes due 2020 on or prior to the Expiration Date. The Company recorded a loss on extinguishment related to the redemption of the Notes due 2020 of approximately $9,273,000 in other expense (income) during the six months ended June 30, 2015. AMCE may redeem some or all of the remaining $18,676,000 principal amount of the Notes due 2020 at any time on or after December 1, 2015 at 104.875% of the principal amount thereof, declining ratably to 100% of the principal amount thereof on or after December 1, 2018, plus accrued and unpaid interest to the redemption date. AMCE's Notes due 2025 On June 5, 2015, AMCE issued $600,000,000 aggregate principal amount of its 5.75% Senior Subordinated Notes due 2025 (the "Notes due 2025") in a private offering. AMCE capitalized deferred financing costs of approximately $11,730,000, related to the issuance of the Notes due 2025, during the six months ended June 30, 2015. The Notes due 2025 mature on June 15, 2025. AMCE will pay interest on the Notes due 2025 at 5.75% per annum, semi-annually in arrears on June 15th and December 15th, commencing on December 15, 2015. AMCE may redeem some or all of the Notes due 2025 at any time on or after June 15, 2020 at 102.875% of the principal amount thereof, declining ratably to 100% of the principal amount thereof on or after June 15, 2023, plus accrued and unpaid interest to the redemption date. Prior to June 15, 2020, AMCE may redeem the Notes due 2025 at par plus a make-whole premium. AMCE used the net proceeds from the Notes due 2025 private offering and cash on hand, to pay the consideration for the tender offer for the Notes due 2020, plus any accrued and unpaid interest and related transaction fees and expenses. The Notes due 2025 are general unsecured senior subordinated obligations of AMCE and are fully and unconditionally guaranteed on a joint and several senior subordinated unsecured basis by all of its existing and future domestic restricted subsidiaries that guarantee its other indebtedness. The Notes due 2025 are not guaranteed by Holdings. The indenture governing the Notes due 2025 contains covenants limiting other indebtedness, dividends, purchases or redemptions of stock, transactions with affiliates and mergers and sales of assets. On June 5, 2015, in connection with the issuance of the Notes due 2025, AMCE entered into a registration rights agreement. Subject to the terms of the registration rights agreement, AMCE filed a registration statement on June 19, 2015 pursuant to the Securities Act of 1933, as amended, relating to an offer to exchange the original Notes due 2025 for exchange Notes due 2025 registered pursuant to an effective registration statement; the registration statement was declared effective on June 29, 2015, and AMCE commenced the exchange offer. The exchange notes have terms substantially identical to the original notes except that the exchange notes do not contain terms with respect to transfer restrictions and registration rights and additional interest payable for the failure to consummate the exchange offer within 210 days after the issue date. After the exchange offer expired on July 27, 2015, all of the original Notes due 2025 were exchanged. As of June 30, 2015, AMCE was in compliance with all financial covenants relating to the Senior Secured Credit Facility, the Notes due 2020, the Notes due 2022, and the Notes due 2025.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2015
INCOME TAXES
INCOME TAXES	NOTE 5—INCOME TAXES The Company's effective income tax rate is based on expected income, statutory rates and tax planning opportunities available in the various jurisdictions in which it operates. For interim financial reporting, the Company estimates the annual income tax rate based on projected taxable income for the full year and records a quarterly income tax provision or benefit in accordance with the anticipated annual rate, adjusted for discrete items, if any. The Company refines the estimates of the year's taxable income as new information becomes available, including actual year-to-date financial results. This continual estimation process often results in a change to the expected effective income tax rate for the year. When this occurs, the Company adjusts the income tax provision during the quarter in which the change in estimate occurs so that the year-to-date provision reflects the expected income tax rate. Significant judgment is required in determining the effective tax rate and in evaluating tax positions. The effective tax rate based on the projected annual taxable income for the year ended December 31, 2015 is 39%. During the three months ended June 30, 2015, the Company received a favorable state ruling that resulted in a reduction of uncertain tax positions and as a result, the Company recorded a net discrete tax benefit of approximately $2,900,000. The discrete item reduces the Company's annual effective rate for the year to 37.6% and the actual rate for the six months ended June 30, 2015 to 35.3%. The Company's tax rate for the six months ended June 30, 2014 differs from the statutory tax rate primarily due to state income taxes.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2015
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	NOTE 6—FAIR VALUE MEASUREMENTS Fair value refers to the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants in the market in which the entity transacts business. The inputs used to develop these fair value measurements are established in a hierarchy, which ranks the quality and reliability of the information used to determine the fair values. The fair value classification is based on levels of inputs. Assets and liabilities that are carried at fair value are classified and disclosed in one of the following categories: Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. Recurring Fair Value Measurements. The following table summarizes the fair value hierarchy of the Company's financial assets carried at fair value on a recurring basis as of June 30, 2015: Fair Value Measurements at June 30, 2015 Using (In thousands) Total Carrying Value at June 30, 2015(1) Quoted prices in active market (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Other long-term assets: Money market mutual funds $ $ $ — $ — Equity securities, available-for-sale: RealD Inc. common stock — — Mutual fund large U.S. equity — — Mutual fund small/mid U.S. equity — — Mutual fund international — — Mutual fund balance — — Mutual fund fixed income — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets at fair value $ $ $ — $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Except for the investment in RealD Inc. common stock, the investments relate to a non-qualified deferred compensation arrangement on behalf of certain management. The Company has an equivalent liability for this related-party transaction recorded in other long-term liabilities for the deferred compensation obligation. Valuation Techniques. The Company's money market mutual funds are invested in funds that seek to preserve principal, are highly liquid, and therefore are recorded on the balance sheet at the principal amounts deposited, which equals fair value. The equity securities, available-for-sale, primarily consist of common stock and mutual funds invested in equity, fixed income, and international funds and are measured at fair value using quoted market prices. See Note 8—Accumulated Other Comprehensive Income for the unrealized gain on the equity securities recorded in accumulated other comprehensive income. Other Fair Value Measurement Disclosures. The Company is required to disclose the fair value of financial instruments that are not recognized at fair value in the statement of financial position for which it is practicable to estimate that value: Fair Value Measurements at June 30, 2015 Using (In thousands) Total Carrying Value at June 30, 2015 Quoted prices in active market (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Current maturities of corporate borrowings $ $ — $ $ Corporate borrowings — Valuation Technique. Quoted market prices and observable market based inputs were used to estimate fair value for Level 2 inputs. The Level 3 fair value measurement represents the transaction price of the corporate borrowings under market conditions.

THEATRE AND OTHER CLOSURE AND D

THEATRE AND OTHER CLOSURE AND DISPOSITION OF ASSETS	6 Months Ended
	Jun. 30, 2015
THEATRE AND OTHER CLOSURE AND DISPOSITION OF ASSETS
THEATRE AND OTHER CLOSURE AND DISPOSITION OF ASSETS	NOTE 7—THEATRE AND OTHER CLOSURE AND DISPOSITION OF ASSETS A rollforward of reserves for theatre and other closure and disposition of assets is as follows: Six Months Ended (In thousands) June 30, 2015 June 30, 2014 Beginning balance $ $ Theatre and other closure expense Transfer of assets and liabilities Foreign currency translation adjustment ) Cash payments ) ) ​ ​ ​ ​ ​ ​ ​ ​ Ending balance $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ In the accompanying Consolidated Balance Sheets, the current portion of the ending balance totaling $7,679,000 is included with accrued expenses and other liabilities and the long-term portion of the ending balance totaling $40,736,000 is included with other long-term liabilities. Theatre and other closure reserves for leases that have not been terminated were recorded at the present value of the future contractual commitments for the base rents, taxes and maintenance. During the three months ended June 30, 2015 and the three months ended June 30, 2014, the Company recognized theatre and other closure expense of $1,184,000 and $5,498,000, respectively, and during the six months ended June 30, 2015 and the six months ended June 30, 2014, the Company recognized theatre and other closure expense of $2,311,000 and $6,863,000, respectively. Theatre and other closure expense included the accretion on previously closed properties with remaining lease obligations. In May 2014, one theatre with 13 screens in Canada was permanently closed.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME	6 Months Ended
	Jun. 30, 2015
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE INCOME	NOTE 8—ACCUMULATED OTHER COMPREHENSIVE INCOME The following table presents the change in accumulated other comprehensive income (loss) by component: (In thousands) Foreign Currency Pension and Other Benefits Unrealized Net Gain on Marketable Securities Unrealized Net Gain from Equity Method Investees' Cash Flow Hedge Total Balance, December 31, 2014 $ $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) before reclassifications ) Amounts reclassified from accumulated other comprehensive income — ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, June 30, 2015 $ $ ) $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following table presents the change in accumulated other comprehensive income (loss) by component: (In thousands) Foreign Currency Pension and Other Benefits Unrealized Net Gain on Marketable Securities Unrealized Net Gain from Equity Method Investees' Cash Flow Hedge Total Balance, December 31, 2013 $ ) $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) before reclassifications ) — ) Amounts reclassified from accumulated other comprehensive income — ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, June 30, 2014 $ ) $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The tax effects allocated to each component of other comprehensive loss during the three months ended June 30, 2015 and the three months ended June 30, 2014 is as follows: Three Months Ended June 30, 2015 June 30, 2014 (In thousands) Pre-Tax Amount Tax (Expense) Benefit Net-of-Tax Amount Pre-Tax Amount Tax (Expense) Benefit Net-of-Tax Amount Foreign currency translation adjustment $ ) $ $ ) $ ) $ $ ) Pension and other benefit adjustments: Less: reclassification adjustment for net (gain) loss realized in net earnings ) ) ) Less: reclassification adjustment for prior service credit realized in net earnings — — — ) ) Unrealized net gain on marketable securities: Unrealized net holding gain (loss) arising during the period ) ) ) Less: reclassification adjustment for net gain realized in net earnings ) ) ) ) Unrealized net gain from equity method investees' cash flow hedge: Unrealized net holding gain arising during the period ) ) ) ) Less: reclassification adjustment for net loss realized in net earnings ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) $ ) $ $ ) $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The tax effects allocated to each component of other comprehensive income during the six months ended June 30, 2015 and the six months ended June 30, 2014 is as follows: Six Months Ended June 30, 2015 June 30, 2014 (In thousands) Pre-Tax Amount Tax (Expense) Benefit Net-of-Tax Amount Pre-Tax Amount Tax (Expense) Benefit Net-of-Tax Amount Foreign currency translation adjustment $ $ ) $ $ ) $ $ ) Pension and other benefit adjustments: Net loss arising during the period ) ) — — — Prior service credit arising during the period ) — — — Less: reclassification adjustment for net gain realized in net earnings ) ) ) ) Less: reclassification adjustment for prior service credit realized in net earnings ) ) ) ) Less: reclassification adjustment for curtailment gain realized in net earnings ) ) — — — Less: reclassification adjustment for settlement gain realized in net earnings ) ) — — — Unrealized net gain on marketable securities: Unrealized net holding gain (loss) arising during the period ) ) Less: reclassification adjustment for net gain realized in net earnings ) ) ) ) Unrealized net gain from equity method investees' cash flow hedge: Unrealized net holding gain arising during the period ) ) ) ) Less: reclassification adjustment for net loss realized in net earnings ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) $ ) $ $ ) $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following table presents details about amounts reclassified out of each component of accumulated other comprehensive income: Three Months Ended (In thousands) June 30, 2015 June 30, 2014 Affected Line Item in the Consolidated Statements of Operations Pension and other benefit adjustments: Less: reclassification adjustment for net (gain) loss realized in net earnings $ $ ) General and administrative: Other Less: reclassification adjustment for prior service credit realized in net earnings — ) General and administrative: Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Total expense (income), before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Tax expense (benefit) ​ ​ ​ ​ ​ ​ ​ ​ ​ $ $ ) Total expense (income), net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized net gain on marketable securities: Less: reclassification adjustment for net gain realized in net earnings $ ) $ ) Investment income ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Total expense (income), before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax expense ​ ​ ​ ​ ​ ​ ​ ​ ​ $ ) $ ) Total expense (income), net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized net gain from equity method investees' cash flow hedge: Less: reclassification adjustment for net loss realized in net earnings $ $ Equity in earnings of non-consolidated entities ​ ​ ​ ​ ​ ​ ​ ​ ​ Total expense, before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Tax benefit ​ ​ ​ ​ ​ ​ ​ ​ ​ $ $ Total expense, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total reclassifications $ ) $ ) Total income, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following table presents details about amounts reclassified out of each component of accumulated other comprehensive income: Six Months Ended (In thousands) June 30, 2015 June 30, 2014 Affected Line Item in the Consolidated Statements of Operations Pension and other benefit adjustments: Less: reclassification adjustment for net gain realized in net earnings $ ) $ ) General and administrative: Other Less: reclassification adjustment for prior service credit realized in net earnings ) ) General and administrative: Other Less: reclassification adjustment for curtailment gain realized in net earnings ) — General and administrative: Other Less: reclassification adjustment for settlement gain realized in net earnings ) — General and administrative: Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Total income, before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax expense ​ ​ ​ ​ ​ ​ ​ ​ ​ $ ) $ ) Total income, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized net gain on marketable securities: Less: reclassification adjustment for net gain realized in net earnings $ ) $ ) Investment income ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Total income, before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax expense ​ ​ ​ ​ ​ ​ ​ ​ ​ $ ) $ ) Total income, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized net gain from equity method investees' cash flow hedge: Less: reclassification adjustment for net loss realized in net earnings $ $ Equity in earnings of non-consolidated entities ​ ​ ​ ​ ​ ​ ​ ​ ​ Total expense, before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Tax benefit ​ ​ ​ ​ ​ ​ ​ ​ ​ $ $ Total expense, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total reclassifications $ ) $ ) Total income, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	6 Months Ended
	Jun. 30, 2015
EMPLOYEE BENEFIT PLANS
EMPLOYEE BENEFIT PLANS	NOTE 9—EMPLOYEE BENEFIT PLANS The Company sponsors frozen non-contributory qualified and non-qualified defined benefit pension plans generally covering all employees who, prior to the freeze, were age 21 or older and had completed at least 1,000 hours of service in their first twelve months of employment, or in a calendar year ending thereafter, and who were not covered by a collective bargaining agreement. The Company also offered eligible retirees the opportunity to participate in a health plan. Certain employees were eligible for subsidized postretirement medical benefits. The eligibility for these benefits was based upon a participant's age and service as of January 1, 2009. The Company also sponsors a postretirement deferred compensation plan. On January 12, 2015, the Compensation Committee and all of the Board of Directors of AMC Entertainment Holdings, Inc. adopted resolutions to terminate the AMC Postretirement Medical Plan with an effective date of March 31, 2015. During the three months ended March 31, 2015, the Company notified eligible associates that their retiree medical coverage under the plan will terminate after March 31, 2015. Payments to eligible associates were approximately $4,300,000 during the six months ended June 30, 2015. The Company recorded net periodic benefit credits of $18,118,000, including curtailment gains, settlement gains, amortization of unrecognized prior service credits and amortization of actuarial gains recorded in accumulated other comprehensive income related to the termination and settlement of the plan during the six months ended June 30, 2015. Net periodic benefit credit recognized for the plans during the three months ended June 30, 2015 and the three months ended June 30, 2014 consisted of the following: Pension Benefits Other Benefits (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Components of net periodic benefit cost: Service cost $ — $ — $ — $ Interest cost — Expected return on plan assets ) ) — — Amortization of net (gain) loss ) — ) Amortization of prior service credit — — — ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net periodic benefit credit $ ) $ ) $ — $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net periodic benefit cost (credit) recognized for the plans during the six months ended June 30, 2015 and the six months ended June 30, 2014 consisted of the following: Pension Benefits Other Benefits (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Components of net periodic benefit cost: Service cost $ — $ — $ $ Interest cost Expected return on plan assets ) ) — — Amortization of net (gain) loss ) ) ) Amortization of prior service credit — — ) ) Curtailment gain — — ) — Settlement (gain) loss — ) — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net periodic benefit cost (credit) $ $ ) $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2015
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	NOTE 10—COMMITMENTS AND CONTINGENCIES The Company, in the normal course of business, is a party to various ordinary course claims from vendors (including food and beverage suppliers and film distributors), landlords, competitors, and other legal proceedings. If management believes that a loss arising from these actions is probable and can reasonably be estimated, the Company records the amount of the loss, or the minimum estimated liability when the loss is estimated using a range and no point is more probable than another. As additional information becomes available, any potential liability related to these actions is assessed and the estimates are revised, if necessary. Management believes that the ultimate outcome of such matters, individually and in the aggregate, will not have a material adverse effect on the Company's financial position or overall trends in results of operations. However, litigation and claims are subject to inherent uncertainties and unfavorable outcomes can occur. An unfavorable outcome might include monetary damages. If an unfavorable outcome were to occur, there exists the possibility of a material adverse impact on the results of operations in the period in which the outcome occurs or in future periods. On May 5, 2014, NCM, Inc., the sole manager of NCM LLC, announced that it had entered into a merger agreement to acquire Screenvision, LLC for $375,000,000, consisting of cash and NCM, Inc. common stock. Consummation of the transaction was subject to regulatory approvals and other customary closing conditions. On November 3, 2014, the U.S. Department of Justice filed an antitrust lawsuit seeking to enjoin the transaction. On March 16, 2015, NCM, Inc. and Screenvision, LLC decided to terminate the merger agreement. The termination of the merger agreement was effective upon NCM, Inc.'s payment of a $26,840,000 termination payment. The estimated legal and other transaction expenses were approximately $14,930,000. NCM LLC of which AMC was an approximate 15.05% owner at March 31, 2015, had agreed to indemnify NCM, Inc. and bear a pro rata portion of the termination fee and other transaction expenses. Accordingly, the Company recorded expense of approximately $6,300,000 in equity in (earnings) losses of non-consolidated entities associated with these transaction expenses recorded by NCM LLC during the six months ended June 30, 2015. On May 28, 2015, the Company received a Civil Investigative Demand ("CID") from the Antitrust Division of the United States Department of Justice in connection with an investigation under Sections 1 and 2 of the Sherman Antitrust Act. On May 29, 2015, June 12, 2015, June 26, 2015, and July 15, 2015, the Company also received CIDs from the Attorneys General for the States of Ohio, Texas, Washington, and Florida, respectively, regarding a similar inquiry under those states' antitrust laws. The CIDs request the production of documents and answers to interrogatories concerning potentially anticompetitive conduct, including film clearances and participation in certain joint ventures. The Company may receive additional CIDs from antitrust authorities in other jurisdictions in which it operates. The Company does not believe it has violated federal or state antitrust laws and is cooperating with the relevant governmental authorities. However, the Company cannot predict the ultimate scope, duration or outcome of these investigations. Starplex Cinemas. On July 13, 2015, the Company entered into a stock purchase agreement (the "Agreement") with SMH Theatres, Inc. ("Starplex Cinemas"), the shareholders of Starplex Cinemas and the shareholder representative named in the Agreement. Under the terms of the Agreement, the Company will acquire all of the outstanding common stock of Starplex Cinemas (the "Transaction") for $171,800,000 in cash, subject to working capital and other adjustments. Starplex Cinemas operates 33 theatres with 346 screens in small and mid-size markets in 12 states, which further complements the Company's large market portfolio. The Company expects to acquire Starplex Cinemas on a cash-free, debt-free basis. The Company expects to consummate the Transaction by the end of 2015, subject to customary closing conditions, including the expiration or early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2015
NEW ACCOUNTING PRONOUNCEMENTS
NEW ACCOUNTING PRONOUNCEMENTS	NOTE 11—NEW ACCOUNTING PRONOUNCEMENTS In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2015-03, Interest-Imputation of Interest (Subtopic 835-30)—Simplifying the Presentation of Debt Issuance Costs ("ASU 2015-03"), which requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this standard. ASU 2015-03 is effective for fiscal years beginning after December 15, 2015 and interim periods within those fiscal years. The Company will adopt ASU 2015-03 as of the beginning of 2016 and will change the presentation of the debt issuance costs in the Consolidated Balance Sheets by reclassifying the amount from other long-term assets to corporate borrowings. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), ("ASU 2014-09"), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in GAAP when it becomes effective. On July 9, 2015, FASB decided to delay the effective date of ASU 2014-09 by one year. The new standard is effective for the Company on January 1, 2018. Companies may elect to adopt this application as of the original effective date for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures and has not yet selected a transition method.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2015
EARNINGS PER SHARE
EARNINGS PER SHARE	NOTE 12—EARNINGS PER SHARE Basic earnings per share is computed by dividing net earnings from continuing operations by the weighted-average number of common shares outstanding. Diluted earnings per share includes the effects of contingently issuable RSUs and PSUs, if dilutive. The following table sets forth the computation of basic and diluted earnings from continuing operations per common share: Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Numerator: Earnings from continuing operations $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator (shares in thousands): Weighted average shares for basic earnings per common share Common equivalent shares for restricted stock units ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Shares for diluted earnings per common share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings from continuing operations per common share $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings from continuing operations per common share $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Vested RSUs have dividend rights identical to the Company's Class A and Class B common stock and are treated as outstanding shares for purposes of computing basic and diluted earnings per share. Unvested RSUs and unvested PSUs are subject to performance conditions and are included in diluted earnings per share, if dilutive, using the treasury stock method based on the number of shares, if any, that would be issuable under the terms of the Company's 2013 Equity Incentive Plan ("Plan") if the end of the reporting period were the end of the contingency period. During both the three months ended June 30, 2015 and the six months ended June 30, 2015, unvested PSUs of 43,062 at the minimum performance target, were not included in the computation of diluted earnings per share since the shares would not be issuable under the terms of the Plan, if the end of the reporting period were the end of the contingency period.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	6 Months Ended
	Jun. 30, 2015
SUBSEQUENT EVENT
SUBSEQUENT EVENT	NOTE 13—SUBSEQUENT EVENT On July 28, 2015, Holdings' Board of Directors declared a cash dividend in the amount of $0.20 per share of Class A and Class B common stock, payable on September 21, 2015 to stockholders of record on September 8, 2015.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2015
BASIS OF PRESENTATION
Use of Estimates	Use of Estimates: The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions are used for, but not limited to: (1) Impairments, (2) Film exhibition costs, (3) Income and operating taxes, (4) Theatre and other closure expense, and (5) Gift card and packaged ticket income. Actual results could differ from those estimates.
Principles of Consolidation	Principles of Consolidation: The accompanying unaudited consolidated financial statements include the accounts of Holdings and all subsidiaries, as discussed above, and should be read in conjunction with the Company's Annual Report on Form 10-K for the twelve months ended December 31, 2014. The June 30, 2015 consolidated balance sheet data does not include all disclosures required by generally accepted accounting principles. In the opinion of management, these interim financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair statement of the Company's financial position and results of operations. All significant intercompany balances and transactions have been eliminated in consolidation. There are no noncontrolling (minority) interests in the Company's consolidated subsidiaries; consequently, all of its stockholders' equity, net earnings (loss) and comprehensive income (loss) for the periods presented are attributable to controlling interests. Due to the seasonal nature of the Company's business, results for the six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the twelve months ending December 31, 2015. The Company manages its business under one reportable segment called Theatrical Exhibition.

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	6 Months Ended
	Jun. 30, 2015
BASIS OF PRESENTATION
Schedule of components of other expense (income)	Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Loss on redemption of 9.75% Senior Subordinated Notes due 2020 $ $ — $ $ — Gain on redemption of 8.75% Senior Notes due 2019 — ) — ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other expense (income) $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

INVESTMENTS (Tables)

INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
Investments
Schedule of condensed financial information of the reporting entity's non-consolidated equity method investments	Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Revenues $ $ $ $ Operating costs and expenses ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net earnings $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of components of the Company's recorded equity in earnings (losses) of non-consolidated entities	Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 National CineMedia, LLC $ $ $ ) $ Digital Cinema Implementation Partners, LLC Open Road Releasing, LLC ) — ) ) AC JV, LLC Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The Company's recorded equity in earnings $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of changes in the carrying amount of the entity's investment in NCM and equity in earnings of NCM	(In thousands) Investment in NCM(1) Exhibitor Services Agreement(2) Other Comprehensive (Income) Cash Received Equity in Losses Advertising (Revenue) Ending balance December 31, 2014 $ $ ) $ ) Receipt of common units(3) ) — Receipt of excess cash distributions ) — — $ $ — $ — Amortization of deferred revenue — — — — ) Unrealized gain from cash flow hedge — ) — — — Equity in earnings and loss from amortization of basis difference(4)(5) ) — — — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the period ended or balance as of June 30, 2015 $ $ ) $ ) $ $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) After Wanda acquired Holdings on August 30, 2012, the Company's investment in NCM consisted of a single investment tranche (Tranche 1 Investment) consisting of 17,323,782 membership units. Subsequent membership units received as provided under the Common Unit Adjustment Agreement dated as of February 13, 2007, are recorded in a separate tranche (Tranche 2 Investments). (2) Represents the unamortized portion of the Exhibitor Services Agreement ("ESA") with NCM. Such amounts are being amortized to other theatre revenues over the remainder of the 30 year term of the ESA ending in 2036, using a units-of-revenue method, as described in ASC 470-10-35 (formerly EITF 88-18, Sales of Future Revenues ). (3) In March 2015, the Company received 469,163 membership units recorded at a fair value (Level 1) of $14.52 per unit with a corresponding credit to the ESA. (4) Reflects percentage ownership of NCM's earnings on both Tranche 1 and Tranche 2 Investments. (5) Certain differences between the Company's carrying value and the Company's share of NCM's membership equity have been identified and are amortized to equity in earnings over the respective lives of the assets and liabilities.
NCM
Investments
Schedule of transactions	(In thousands) June 30, 2015 December 31, 2014 Due from NCM for on-screen advertising revenue $ $ Due to NCM for Exhibitor Services Agreement Promissory note payable to NCM Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 NCM screen advertising revenues, net of screen integration fee $ $ $ $ NCM beverage advertising expense
DCIP
Investments
Schedule of transactions	(In thousands) June 30, 2015 December 31, 2014 Due from DCIP for equipment and warranty purchases $ $ Deferred rent liability for digital projectors Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Digital equipment rental expense (continuing operations) $ $ $ $
Open Road Releasing, LLC, operator of ORF
Investments
Schedule of transactions	(In thousands) June 30, 2015 December 31, 2014 Due from Open Road Films $ $ Film rent payable to Open Road Films Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Gross film exhibition cost on Open Road Films $ $ $ $
ACJV LLC
Investments
Schedule of transactions	(In thousands) June 30, 2015 December 31, 2014 Due to AC JV for Fathom Events programming $ $ Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Gross exhibition cost on Fathom Events programming $ $ $ $

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2015
STOCKHOLDERS' EQUITY
Schedule of the amount of dividends and dividend equivalents paid	Declaration Date Record Date Date Paid Amount per Share of Common Stock Total Amount Declared (In thousands) February 3, 2015 March 9, 2015 March 23, 2015 $ $ April 27, 2015 June 8, 2015 June 22, 2015
Schedule of RSU and PSU activity	Shares of RSU and PSU Weighted Average Grant Date Fair Value Beginning balance at January 1, 2015 — $ — Granted(1) Vested(2) ) Forfeited ) ​ ​ ​ ​ ​ ​ ​ ​ Nonvested at June 30, 2015 $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) The number of shares granted under the PSU award, assumes Holdings will attain a performance target at 100%. The PSUs will vest ratably based on a scale ranging from 80% to 120% of the performance target with the vested amount ranging from 30% to 150%. (2) Includes vested units of 3,131 that were withheld to cover tax obligations and were subsequently canceled. As a result of this transaction, additional paid-in capital decreased by $107,000.

CORPORATE BORROWINGS (Tables)

CORPORATE BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2015
CORPORATE BORROWINGS
Summary of the carrying value of corporate borrowings and capital and financing lease obligations	(In thousands) June 30, 2015 December 31, 2014 Senior Secured Credit Facility-Term Loan due 2020 (3.50% as of June 30, 2015) $ $ 5% Promissory Note payable to NCM due 2019 9.75% Senior Subordinated Notes due 2020 5.875% Senior Subordinated Notes due 2022 5.75% Senior Subordinated Notes due 2025 — Capital and financing lease obligations, 6.0% - 11.5% ​ ​ ​ ​ ​ ​ ​ ​ Less: current maturities ) ) ​ ​ ​ ​ ​ ​ ​ ​ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
FAIR VALUE MEASUREMENTS
Schedule of fair value hierarchy of the entity's financial assets carried at fair value on a recurring basis	Fair Value Measurements at June 30, 2015 Using (In thousands) Total Carrying Value at June 30, 2015(1) Quoted prices in active market (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Other long-term assets: Money market mutual funds $ $ $ — $ — Equity securities, available-for-sale: RealD Inc. common stock — — Mutual fund large U.S. equity — — Mutual fund small/mid U.S. equity — — Mutual fund international — — Mutual fund balance — — Mutual fund fixed income — — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets at fair value $ $ $ — $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (1) Except for the investment in RealD Inc. common stock, the investments relate to a non-qualified deferred compensation arrangement on behalf of certain management. The Company has an equivalent liability for this related-party transaction recorded in other long-term liabilities for the deferred compensation obligation.
Schedule of fair value of financial instruments that are not recognized at fair value in the statement of financial position for which it is practicable to estimate fair value	Fair Value Measurements at June 30, 2015 Using (In thousands) Total Carrying Value at June 30, 2015 Quoted prices in active market (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Current maturities of corporate borrowings $ $ — $ $ Corporate borrowings —

THEATRE AND OTHER CLOSURE AND27

THEATRE AND OTHER CLOSURE AND DISPOSITION OF ASSETS (Tables)	6 Months Ended
	Jun. 30, 2015
THEATRE AND OTHER CLOSURE AND DISPOSITION OF ASSETS
A rollforward of reserves for theatre and other closure and disposition of assets	Six Months Ended (In thousands) June 30, 2015 June 30, 2014 Beginning balance $ $ Theatre and other closure expense Transfer of assets and liabilities Foreign currency translation adjustment ) Cash payments ) ) ​ ​ ​ ​ ​ ​ ​ ​ Ending balance $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

ACCUMULATED OTHER COMPREHENSI28

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	6 Months Ended
	Jun. 30, 2015
ACCUMULATED OTHER COMPREHENSIVE INCOME
Schedule of changes in accumulated other comprehensive income	(In thousands) Foreign Currency Pension and Other Benefits Unrealized Net Gain on Marketable Securities Unrealized Net Gain from Equity Method Investees' Cash Flow Hedge Total Balance, December 31, 2014 $ $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) before reclassifications ) Amounts reclassified from accumulated other comprehensive income — ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, June 30, 2015 $ $ ) $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (In thousands) Foreign Currency Pension and Other Benefits Unrealized Net Gain on Marketable Securities Unrealized Net Gain from Equity Method Investees' Cash Flow Hedge Total Balance, December 31, 2013 $ ) $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) before reclassifications ) — ) Amounts reclassified from accumulated other comprehensive income — ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance, June 30, 2014 $ ) $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of tax effects allocated to each component of other comprehensive income	Three Months Ended June 30, 2015 June 30, 2014 (In thousands) Pre-Tax Amount Tax (Expense) Benefit Net-of-Tax Amount Pre-Tax Amount Tax (Expense) Benefit Net-of-Tax Amount Foreign currency translation adjustment $ ) $ $ ) $ ) $ $ ) Pension and other benefit adjustments: Less: reclassification adjustment for net (gain) loss realized in net earnings ) ) ) Less: reclassification adjustment for prior service credit realized in net earnings — — — ) ) Unrealized net gain on marketable securities: Unrealized net holding gain (loss) arising during the period ) ) ) Less: reclassification adjustment for net gain realized in net earnings ) ) ) ) Unrealized net gain from equity method investees' cash flow hedge: Unrealized net holding gain arising during the period ) ) ) ) Less: reclassification adjustment for net loss realized in net earnings ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) $ ) $ $ ) $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2015 June 30, 2014 (In thousands) Pre-Tax Amount Tax (Expense) Benefit Net-of-Tax Amount Pre-Tax Amount Tax (Expense) Benefit Net-of-Tax Amount Foreign currency translation adjustment $ $ ) $ $ ) $ $ ) Pension and other benefit adjustments: Net loss arising during the period ) ) — — — Prior service credit arising during the period ) — — — Less: reclassification adjustment for net gain realized in net earnings ) ) ) ) Less: reclassification adjustment for prior service credit realized in net earnings ) ) ) ) Less: reclassification adjustment for curtailment gain realized in net earnings ) ) — — — Less: reclassification adjustment for settlement gain realized in net earnings ) ) — — — Unrealized net gain on marketable securities: Unrealized net holding gain (loss) arising during the period ) ) Less: reclassification adjustment for net gain realized in net earnings ) ) ) ) Unrealized net gain from equity method investees' cash flow hedge: Unrealized net holding gain arising during the period ) ) ) ) Less: reclassification adjustment for net loss realized in net earnings ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss) $ ) $ $ ) $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of amounts reclassified out of each component of accumulated other comprehensive income	Three Months Ended (In thousands) June 30, 2015 June 30, 2014 Affected Line Item in the Consolidated Statements of Operations Pension and other benefit adjustments: Less: reclassification adjustment for net (gain) loss realized in net earnings $ $ ) General and administrative: Other Less: reclassification adjustment for prior service credit realized in net earnings — ) General and administrative: Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Total expense (income), before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Tax expense (benefit) ​ ​ ​ ​ ​ ​ ​ ​ ​ $ $ ) Total expense (income), net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized net gain on marketable securities: Less: reclassification adjustment for net gain realized in net earnings $ ) $ ) Investment income ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Total expense (income), before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax expense ​ ​ ​ ​ ​ ​ ​ ​ ​ $ ) $ ) Total expense (income), net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized net gain from equity method investees' cash flow hedge: Less: reclassification adjustment for net loss realized in net earnings $ $ Equity in earnings of non-consolidated entities ​ ​ ​ ​ ​ ​ ​ ​ ​ Total expense, before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Tax benefit ​ ​ ​ ​ ​ ​ ​ ​ ​ $ $ Total expense, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total reclassifications $ ) $ ) Total income, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended (In thousands) June 30, 2015 June 30, 2014 Affected Line Item in the Consolidated Statements of Operations Pension and other benefit adjustments: Less: reclassification adjustment for net gain realized in net earnings $ ) $ ) General and administrative: Other Less: reclassification adjustment for prior service credit realized in net earnings ) ) General and administrative: Other Less: reclassification adjustment for curtailment gain realized in net earnings ) — General and administrative: Other Less: reclassification adjustment for settlement gain realized in net earnings ) — General and administrative: Other ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Total income, before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax expense ​ ​ ​ ​ ​ ​ ​ ​ ​ $ ) $ ) Total income, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized net gain on marketable securities: Less: reclassification adjustment for net gain realized in net earnings $ ) $ ) Investment income ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Total income, before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax expense ​ ​ ​ ​ ​ ​ ​ ​ ​ $ ) $ ) Total income, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized net gain from equity method investees' cash flow hedge: Less: reclassification adjustment for net loss realized in net earnings $ $ Equity in earnings of non-consolidated entities ​ ​ ​ ​ ​ ​ ​ ​ ​ Total expense, before tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ) Tax benefit ​ ​ ​ ​ ​ ​ ​ ​ ​ $ $ Total expense, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total reclassifications $ ) $ ) Total income, net of tax ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	6 Months Ended
	Jun. 30, 2015
EMPLOYEE BENEFIT PLANS
Net periodic benefit (credit) recognized for the plans	Pension Benefits Other Benefits (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Components of net periodic benefit cost: Service cost $ — $ — $ — $ Interest cost — Expected return on plan assets ) ) — — Amortization of net (gain) loss ) — ) Amortization of prior service credit — — — ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net periodic benefit credit $ ) $ ) $ — $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension Benefits Other Benefits (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Components of net periodic benefit cost: Service cost $ — $ — $ $ Interest cost Expected return on plan assets ) ) — — Amortization of net (gain) loss ) ) ) Amortization of prior service credit — — ) ) Curtailment gain — — ) — Settlement (gain) loss — ) — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net periodic benefit cost (credit) $ $ ) $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2015
EARNINGS PER SHARE
Schedule of basic and diluted earnings from continuing operations per common share	Three Months Ended Six Months Ended (In thousands) June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014 Numerator: Earnings from continuing operations $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Denominator (shares in thousands): Weighted average shares for basic earnings per common share Common equivalent shares for restricted stock units ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Shares for diluted earnings per common share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings from continuing operations per common share $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings from continuing operations per common share $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details)	Jun. 30, 2015
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES
Noncontrolling (minority) interests (as a percent)	0.00%
Wanda
THE COMPANY AND SIGNIFICANT ACCOUNTING POLICIES
Ownership percentage held in Holding entity	77.85%
Combined voting power held in Holdings (as a percent)	91.34%

BASIS OF PRESENTATION (Details

BASIS OF PRESENTATION (Details 2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Expense (Income):
Gain (loss) on redemption of debt				$ (8,544)
Other expense (income)	$ 9,273	$ (4,157)	$ 9,273	$ (8,386)
9.75% Senior Subordinated Notes due 2020
Other Expense (Income):
Interest rate of debt (as a percent)	9.75%		9.75%
Gain (loss) on redemption of debt	$ 9,273		$ 9,273
8.75% Senior Fixed Rate Notes due 2019
Other Expense (Income):
Interest rate of debt (as a percent)		8.75%		8.75%
Gain (loss) on redemption of debt		$ (4,157)		$ (8,386)

INVESTMENTS (Details)

INVESTMENTS (Details)	3 Months Ended			6 Months Ended
	Jun. 30, 2015USD ($)$ / sharesshares	Mar. 31, 2015USD ($)$ / sharesshares	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)item	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)	Aug. 30, 2012shares
Investments
The Company's recorded equity in earnings	$ 9,362,000		$ 9,597,000	$ 10,686,000	$ 4,213,000
Film exhibition costs	295,416,000		257,220,000	518,504,000	469,320,000
Operating Results:
Revenues	161,352,000		143,296,000	278,993,000	256,184,000
Operating costs and expenses	102,431,000		97,831,000	241,328,000	207,991,000
Net earnings	58,921,000		45,465,000	37,665,000	48,193,000
Changes in carrying amount of investment in NCM and equity in earnings of NCM
Equity in earnings and loss from amortization of basis difference	9,362,000		9,597,000	10,686,000	4,213,000
Equity in (Earnings) Loss
Equity in earnings and loss from amortization of basis difference	$ 9,362,000		9,597,000	10,686,000	4,213,000
NCM
Investments
Interest in non-consolidated affiliates (as a percent)	15.04%
Estimated fair market value of the units	$ 313,832,000
Receipt of common units				6,812,000
Number of units owned (in shares) | shares	19,663,664
The Company's recorded equity in earnings	$ 5,568,000		3,129,000	(1,071,000)	2,009,000
Note payable to affiliate	6,944,000					$ 6,944,000
Financial Condition:
The company's recorded investment	262,743,000	$ 265,839,000		265,839,000		265,839,000
Changes in carrying amount of investment in NCM and equity in earnings of NCM
Balance at the beginning of the period		265,839,000		265,839,000
Receipt of common units				6,812,000
Receipt of excess cash distributions	(9,071,000)
Unrealized gain from cash flow hedge				234,000
Equity in earnings and loss from amortization of basis difference	5,568,000		3,129,000	(1,071,000)	2,009,000
Balance at the end of the period	262,743,000			262,743,000
Exhibitor services agreement
Balance at the beginning of the period		(316,815,000)		(316,815,000)
Receipt of Common Units				(6,812,000)
Amortization of ESA				7,618,000
Balance at the end of the period	(316,009,000)			$ (316,009,000)
Term of amortization of the exhibitor services agreement (ESA) with NCM				30 years
Other Comprehensive (Income)
Other comprehensive (income) at the beginning of the period		$ (3,780,000)		$ (3,780,000)
Unrealized gain from cash flow hedge				(234,000)
Other comprehensive (income) at the end of the period	(4,014,000)			(4,014,000)
Membership units received in ESA (in shares) | shares		469,163
Fair value of Membership units received in ESA (in dollars per share) | $ / shares		$ 14.52
Cash Received
Receipt of excess cash distributions				9,071,000
Balance at the end of the period	9,071,000			9,071,000
Equity in (Earnings) Loss
Equity in earnings and loss from amortization of basis difference	5,568,000		3,129,000	(1,071,000)	2,009,000
Advertising (Revenue)
Amortization of ESA				(7,618,000)
Advertising (Revenue) for the period				(7,618,000)
NCM | NCM tax receivable agreement
Investments
Receipt under Tax Receivable Agreement				5,352,000	8,045,000
NCM | Advertising (Revenue)
Investments
Amounts due from affiliate	2,491,000					2,072,000
Revenues	9,323,000		8,744,000	17,971,000	17,372,000
NCM | Advertising expense
Investments
Expenses	3,001,000		3,281,000	5,515,000	6,190,000
NCM | Exhibitor services agreement
Investments
Amounts due to affiliate	$ 1,826,000					1,784,000
NCM | Capital units | Predecessor
Investments
Number of units owned (in shares) | shares							17,323,782
NCM | NCM LLC
Investments
Price per share (in dollars per share) | $ / shares	$ 15.96
AC JV, LLC
Investments
Interest in non-consolidated affiliates (as a percent)	32.00%
The Company's recorded equity in earnings	$ 188,000		356,000	1,226,000	638,000
Amounts due to affiliate	494,000					333,000
Film exhibition costs	1,483,000		1,559,000	4,069,000	2,515,000
Changes in carrying amount of investment in NCM and equity in earnings of NCM
Equity in earnings and loss from amortization of basis difference	188,000		356,000	1,226,000	638,000
Equity in (Earnings) Loss
Equity in earnings and loss from amortization of basis difference	$ 188,000		356,000	$ 1,226,000	638,000
U.S. theatres and IMAX screen
Investments
Interest in non-consolidated affiliates (as a percent)	50.00%
Number of U.S. theatres | item				2
Number of IMAX screens | item				1
DCIP
Investments
Interest in non-consolidated affiliates (as a percent)	29.00%
The Company's recorded equity in earnings	$ 5,162,000		5,898,000	$ 10,591,000	9,545,000
Amounts due from affiliate	1,273,000					1,048,000
Capital contributions for projector and installation costs in excess of the cap per system for digital conversations		$ 68,000
Capital contributions for projector and installation costs in excess of the cap per system for new build locations		$ 39,000
Term for payment of equipment rent, including scheduled escalations				12 years
Deferred rent liability for digital projectors	8,878,000					9,031,000
Digital equipment rental expense (continuing operations)	1,382,000		1,085,000	$ 2,676,000	4,002,000
Changes in carrying amount of investment in NCM and equity in earnings of NCM
Equity in earnings and loss from amortization of basis difference	5,162,000		5,898,000	10,591,000	9,545,000
Equity in (Earnings) Loss
Equity in earnings and loss from amortization of basis difference	$ 5,162,000		5,898,000	10,591,000	9,545,000
Open Road Releasing, LLC, operator of ORF
Investments
Interest in non-consolidated affiliates (as a percent)	50.00%
The Company's recorded equity in earnings	$ (1,716,000)			(430,000)	(8,080,000)
Amounts due from affiliate	1,616,000					2,560,000
Film rent payable to Open Road Films	1,426,000					$ 709,000
Film exhibition costs	2,040,000		3,400,000	3,440,000	9,100,000
Changes in carrying amount of investment in NCM and equity in earnings of NCM
Equity in earnings and loss from amortization of basis difference	(1,716,000)			(430,000)	(8,080,000)
Equity in (Earnings) Loss
Equity in earnings and loss from amortization of basis difference	(1,716,000)			(430,000)	(8,080,000)
Advertising (Revenue)
Capital commitment	10,000,000		10,000,000		10,000,000
Other
Investments
The Company's recorded equity in earnings	160,000		214,000	370,000	101,000
Changes in carrying amount of investment in NCM and equity in earnings of NCM
Equity in earnings and loss from amortization of basis difference	160,000		214,000	370,000	101,000
Equity in (Earnings) Loss
Equity in earnings and loss from amortization of basis difference	$ 160,000		$ 214,000	$ 370,000	$ 101,000
Maximum | Investments in non-consolidated affiliates and certain other investments accounted for following the equity method
Investments
Interest in non-consolidated affiliates (as a percent)	50.00%

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details)	Apr. 27, 2015USD ($)$ / shares	Mar. 06, 2015USD ($)$ / sharesshares	Feb. 03, 2015USD ($)$ / shares	Jan. 05, 2015item$ / sharesshares	Jan. 02, 2014	Jun. 30, 2015USD ($)item$ / sharesshares	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)item$ / sharesshares	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Dividends
Dividends declared | $	$ 19,635,000		$ 19,637,000
Dividends Payable, Amount Per Share | $ / shares	$ 0.20		$ 0.20
Dividends and dividend equivalents | $								$ 39,301,000	$ 19,489,000
Increase in additional paid in capital for recognition of deferred tax assets | $								134,000
Accrued unpaid dividends | $						$ 196,000		$ 196,000
Temporary equity (in shares)						5,939
Reclassification of temporary equity to stockholders' equity | $						$ 62,000
Numbers of holders | item						1		1
Increase to additional paid-in capital related to stock based compensation | $								$ 7,178,000
Equity disclosures
Stock-based compensation expense included in general and administrative expenses | $						$ 1,439,000	$ 1,311,000	$ 7,178,000	$ 7,668,000
Expected performance target to be achieved (as a percent)								100.00%
Total estimated unrecognized compensation cost related to nonvested stock-based compensation arrangements | $						$ 2,889,000		$ 2,889,000
Restricted stock unit | Performance Vesting
Dividends
Vested units withheld for taxes								3,131
Increase to additional paid-in capital related to stock based compensation | $								$ (107,000)
Equity disclosures
Restricted stock unit granted (in shares)								286,796
Shares of RSU and PSU
Granted (in shares)								286,796
Vested (in shares)								(84,649)
Forfeited (in shares)								(1,631)
Nonvested at the end of the period (in shares)						200,516		200,516
Weighted Average Grant Date Fair Value
Granted (in dollars per share) | $ / shares								$ 33.96
Vested (in dollars per share) | $ / shares								33.96
Forfeited (in dollars per share) | $ / shares								33.96
Unvested at the end of the period (in dollars per share) | $ / shares						$ 33.96		$ 33.96
Members of management | Restricted stock unit | Performance Vesting
Equity disclosures
Expected performance target to be achieved (as a percent)								100.00%
2013 Equity Incentive Plan | Stock options
Equity disclosures
Number of shares authorized						9,474,000		9,474,000
Number of shares remaining available for grant						8,311,476		8,311,476
Price per share (in dollars per share) | $ / shares		$ 33.96		$ 24.97
2013 Equity Incentive Plan | Members of management and executive officers | Restricted stock unit | Performance Vesting
Equity disclosures
Stock-based compensation expense included in general and administrative expenses | $						$ 1,439,000		$ 1,926,000
Number of days form the termination of service for settlement of fully vested RSU		60 days
Percentage of performance target		100.00%			100.00%
Awards to be granted on achieving specified percentage of performance target (in shares)		143,398
Number of PSUs vesting, if Holdings does not achieve free cash flow minimum performance target		0
2013 Equity Incentive Plan | Members of management and executive officers | Restricted stock unit | Performance Vesting | Minimum
Equity disclosures
PSUs vesting as a percentage of performance target		80.00%
2013 Equity Incentive Plan | Members of management and executive officers | Restricted stock unit | Performance Vesting | Maximum
Equity disclosures
PSUs vesting as a percentage of performance target		120.00%
2013 Equity Incentive Plan | Members of management and executive officers | Restricted stock unit | Performance Vesting | 30% | Minimum
Equity disclosures
Percentage of performance target		30.00%
2013 Equity Incentive Plan | Members of management and executive officers | Restricted stock unit | Performance Vesting | 150% | Minimum
Equity disclosures
Percentage of performance target		150.00%
2013 Equity Incentive Plan | Members of management | Restricted stock unit
Equity disclosures
Stock-based compensation expense included in general and administrative expenses | $								2,875,000
Restricted stock unit granted (in shares)		84,649
Number of shares that will be received under each RSU		1
Shares of RSU and PSU
Granted (in shares)		84,649
2013 Equity Incentive Plan | Members of management | Restricted stock unit | Performance Vesting
Equity disclosures
Number of days form the termination of service for settlement of fully vested RSU		60 days
Grant date fair value (in dollars) | $								4,870,000
2013 Equity Incentive Plan | Executive officers | Restricted stock unit
Equity disclosures
Stock-based compensation expense included in general and administrative expenses | $								1,995,000
Restricted stock unit granted (in shares)		58,749
Grant date fair value (in dollars) | $		$ 1,995,000
Shares of RSU and PSU
Granted (in shares)		58,749
2013 Equity Incentive Plan | Executive officers | Restricted stock
Equity disclosures
Number of days form the termination of service for settlement of fully vested RSU		60 days
Class A common stock
Dividends
Dividends and dividend equivalents | $								8,630,000
Class A common stock | 2013 Equity Incentive Plan | Board of Director
Equity disclosures
Stock-based compensation expense included in general and administrative expenses | $								$ 382,000
Shares granted				3,828
Total shares granted				15,312
Number of Board of Directors to whom common stock was granted | item				4
Class B common stock
Common Stock Rights and Privileges
Number of shares to be issued on conversion of each common stock at option of holder								1
Number of shares to be issued on automatic conversion of each common stock								1
Dividends
Dividends and dividend equivalents | $								$ 30,330,000
Dividend equivalents
Dividends
Dividends and dividend equivalents | $								$ 341,000
Holdings | Class A common stock
Common Stock Rights and Privileges
Number of votes per share | item								1
Holdings | Class B common stock
Common Stock Rights and Privileges
Number of votes per share | item								3
Wanda
Dividends
Receivable due from related party | $						$ 416,000		$ 416,000		$ 156,000

CORPORATE BORROWINGS (Details)

CORPORATE BORROWINGS (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 05, 2015	May. 26, 2015	Dec. 31, 2014
CORPORATE BORROWINGS
Corporate borrowings and capital and financing lease obligations	$ 1,864,197			$ 1,900,263
Less: current maturities	(17,615)			(23,598)
Corporate borrowings and capital and financing lease obligations, non-current	1,846,582			1,876,665
Senior Secured Credit Facility-Term Loan due 2020 (3.50% as of Jume 30, 2015)
CORPORATE BORROWINGS
Corporate borrowings and capital and financing lease obligations	$ 756,275			760,018
Stated interest rate (as a percent)	3.50%
5% Promissory Note payable to NCM due 2019
CORPORATE BORROWINGS
Corporate borrowings and capital and financing lease obligations	$ 6,944			$ 6,944
Stated interest rate (as a percent)	5.00%			5.00%
9.75% Senior Subordinated Notes due 2020
CORPORATE BORROWINGS
Corporate borrowings and capital and financing lease obligations	$ 20,100			$ 649,043
Stated interest rate (as a percent)	9.75%		9.75%	9.75%
5.875% Senior Subordinated Notes due 2022
CORPORATE BORROWINGS
Corporate borrowings and capital and financing lease obligations	$ 375,000			$ 375,000
Stated interest rate (as a percent)	5.875%			5.875%
5.75 % Senior Subordinated Notes due 2025
CORPORATE BORROWINGS
Corporate borrowings and capital and financing lease obligations	$ 600,000
Stated interest rate (as a percent)	5.75%	5.75%
Capital and financing lease obligations
CORPORATE BORROWINGS
Corporate borrowings and capital and financing lease obligations	$ 105,878			$ 109,258
Capital and financing lease obligations | Minimum
CORPORATE BORROWINGS
Stated interest rate (as a percent)	6.00%			6.00%
Capital and financing lease obligations | Maximum
CORPORATE BORROWINGS
Stated interest rate (as a percent)	11.50%			11.50%

CORPORATE BORROWINGS (Details 2

CORPORATE BORROWINGS (Details 2) - USD ($)	May. 26, 2015	Jun. 30, 2015	Jun. 05, 2015	Dec. 31, 2014
9.75% Senior Subordinated Notes due 2020
Corporate borrowings and capital and financing lease obligations
Aggregate principal amount	$ 18,676,000
Stated interest rate (as a percent)	9.75%	9.75%		9.75%
Purchase price	$ 1,093
Aggregate principal amount of the Original Notes validly tendered under exchange offer	$ 581,324,000
Percentage of principal amount of the outstanding Original Notes validly tendered under exchange offer	96.90%
Loss on extinguishment related to the redemption		$ 9,273,000
9.75% Senior Subordinated Notes due 2020 | Minimum
Corporate borrowings and capital and financing lease obligations
Redemption price of debt instrument (as a percent)	100.00%
9.75% Senior Subordinated Notes due 2020 | Maximum
Corporate borrowings and capital and financing lease obligations
Redemption price of debt instrument (as a percent)	104.875%
5.75 % Senior Subordinated Notes due 2025
Corporate borrowings and capital and financing lease obligations
Aggregate principal amount			$ 600,000,000
Stated interest rate (as a percent)		5.75%	5.75%
Capitalized deferred financing costs		$ 11,730,000
Stay of enforcement period		210 days
5.75 % Senior Subordinated Notes due 2025 | Minimum
Corporate borrowings and capital and financing lease obligations
Redemption price of debt instrument (as a percent)			100.00%
5.75 % Senior Subordinated Notes due 2025 | Maximum
Corporate borrowings and capital and financing lease obligations
Redemption price of debt instrument (as a percent)			102.875%
5.875% Senior Subordinated Notes due 2022
Corporate borrowings and capital and financing lease obligations
Stated interest rate (as a percent)		5.875%		5.875%

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Dec. 31, 2015
Effect of:
Effective income tax rate (as a percent)		35.30%
Reduction of uncertain tax positions and net discrete tax benefit	$ 2,900,000
Forecast
Effect of:
Effective income tax rate (as a percent)			39.00%
Revised Forecast
Effect of:
Effective income tax rate (as a percent)			37.60%

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - Recurring basis $ in Thousands	Jun. 30, 2015USD ($)
Total Carrying Value
Other long-term assets:
Total assets at fair value	$ 21,776
Total Carrying Value | Money Market Mutual Funds
Other long-term assets:
Money Market Mutual Funds	134
Total Carrying Value | Mutual Fund Large U.S. Equity
Other long-term assets:
Equity securities, available-for-sale:	1,983
Total Carrying Value | Mutual Fund Small/Mid U.S. Equity
Other long-term assets:
Equity securities, available-for-sale:	2,206
Total Carrying Value | Mutual Fund International
Other long-term assets:
Equity securities, available-for-sale:	889
Total Carrying Value | Mutual Fund Balance
Other long-term assets:
Equity securities, available-for-sale:	765
Total Carrying Value | Mutual Fund Fixed Income
Other long-term assets:
Equity securities, available-for-sale:	722
Total Carrying Value | Real D Inc. | Common Stock
Other long-term assets:
Equity securities, available-for-sale:	15,077
Quoted prices in active market (Level 1)
Other long-term assets:
Total assets at fair value	21,776
Quoted prices in active market (Level 1) | Money Market Mutual Funds
Other long-term assets:
Money Market Mutual Funds	134
Quoted prices in active market (Level 1) | Mutual Fund Large U.S. Equity
Other long-term assets:
Equity securities, available-for-sale:	1,983
Quoted prices in active market (Level 1) | Mutual Fund Small/Mid U.S. Equity
Other long-term assets:
Equity securities, available-for-sale:	2,206
Quoted prices in active market (Level 1) | Mutual Fund International
Other long-term assets:
Equity securities, available-for-sale:	889
Quoted prices in active market (Level 1) | Mutual Fund Balance
Other long-term assets:
Equity securities, available-for-sale:	765
Quoted prices in active market (Level 1) | Mutual Fund Fixed Income
Other long-term assets:
Equity securities, available-for-sale:	722
Quoted prices in active market (Level 1) | Real D Inc. | Common Stock
Other long-term assets:
Equity securities, available-for-sale:	$ 15,077

FAIR VALUE MEASUREMENTS (Deta39

FAIR VALUE MEASUREMENTS (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Other Fair Value Measurement Disclosures
Corporate borrowings	$ 1,748,920	$ 1,775,132
Significant other observable inputs (Level 2)
Other Fair Value Measurement Disclosures
Current Maturities of Corporate Borrowings	7,996
Corporate Borrowings	1,730,259
Significant unobservable inputs (Level 3)
Other Fair Value Measurement Disclosures
Current Maturities of Corporate Borrowings	1,389
Corporate Borrowings	5,555
Total Carrying Value
Other Fair Value Measurement Disclosures
Current Maturities of Corporate Borrowings	9,399
Corporate borrowings	$ 1,748,920

THEATRE AND OTHER CLOSURE AND40

THEATRE AND OTHER CLOSURE AND DISPOSITION OF ASSETS (Details)	1 Months Ended	3 Months Ended		6 Months Ended
	May. 31, 2014item	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
A roll forward of reserves for theatre and other closure and disposition of assets
Beginning balance				$ 52,835,000	$ 55,163,000
Theatre and other closure expense		$ 1,184,000	$ 5,498,000	2,311,000	6,863,000
Transfer of assets and liabilities				59,000	2,439,000
Foreign currency translation adjustment				(744,000)	538,000
Cash payments				(6,046,000)	(5,794,000)
Ending balance		48,415,000	$ 59,209,000	48,415,000	$ 59,209,000
Current portion included with accrued expenses and other liabilities		7,679,000		7,679,000
Long-term portion included with other long-term liabilities		$ 40,736,000		$ 40,736,000
One closed theatre | Canada
A roll forward of reserves for theatre and other closure and disposition of assets
Number of theatres closed | item	1
Number of screens in theatres | item	13

ACCUMULATED OTHER COMPREHENSI41

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Changes in accumulated other comprehensive income
Balance at the beginning of the period			$ 12,844	$ 24,204
Other comprehensive income (loss) before reclassifications			1,043	2,654
Amounts reclassified from accumulated other comprehensive income			(10,779)	(681)
Other comprehensive income (loss)	$ (1,120)	$ 158	(9,736)	1,973
Balance at the end of period	3,108	26,177	3,108	26,177
Foreign Currency
Changes in accumulated other comprehensive income
Balance at the beginning of the period			627	(351)
Other comprehensive income (loss) before reclassifications			281	(433)
Other comprehensive income (loss)			281	(433)
Balance at the end of period	908	(784)	908	(784)
Pension and Other Benefits
Changes in accumulated other comprehensive income
Balance at the beginning of the period			5,564	20,967
Other comprehensive income (loss) before reclassifications			701
Amounts reclassified from accumulated other comprehensive income			(10,869)	(929)
Other comprehensive income (loss)			(10,168)	(929)
Balance at the end of period	(4,604)	20,038	(4,604)	20,038
Unrealized Gains on Marketable Securities
Changes in accumulated other comprehensive income
Balance at the beginning of the period			3,812	1,216
Other comprehensive income (loss) before reclassifications			443	3,359
Amounts reclassified from accumulated other comprehensive income			(149)	(15)
Other comprehensive income (loss)			294	3,344
Balance at the end of period	4,106	4,560	4,106	4,560
Unrealized Gain from Equity Method Investees' Cash Flow Hedge
Changes in accumulated other comprehensive income
Balance at the beginning of the period			2,841	2,372
Other comprehensive income (loss) before reclassifications			(382)	(272)
Amounts reclassified from accumulated other comprehensive income			239	263
Other comprehensive income (loss)			(143)	(9)
Balance at the end of period	$ 2,698	$ 2,363	$ 2,698	$ 2,363

ACCUMULATED OTHER COMPREHENSI42

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details2) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Foreign currency translation adjustment, before tax:
Foreign currency translation adjustment, before tax	$ (1,139)	$ (982)	$ 461	$ (710)
Pension and other benefit adjustments, before tax:
Net loss arising during the period, before tax			(73)
Prior service credit arising during the period, before tax			1,223
Less: reclassification adjustment for net (gain) loss realized in net earnings, before tax	11	(345)	(2,775)	(691)
Less: reclassification adjustment for prior service credit realized in net earnings, before tax		(416)	(2,888)	(832)
Less: reclassification adjustment for curtailment gain realized in net earnings, before tax			(11,867)
Less: reclassification adjustment for settlement gain realized in net earnings, before tax			(288)
Unrealized net gain on marketable securities, before tax:
Unrealized net holding gain (loss) arising during the period, before tax	(626)	2,197	726	5,507
Less: reclassification adjustment for net gain realized in net earnings, before tax	(239)	(18)	(245)	(25)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Unrealized net holding gain arising during the period, before tax	(34)	(393)	(626)	(446)
Less: reclassification adjustment for net loss realized in net earnings, before tax	192	216	392	431
Other comprehensive income (loss), before tax	(1,835)	259	(15,960)	3,234
Foreign currency translation adjustment, tax:
Foreign currency translation adjustment, tax	444	383	(180)	277
Pension and other benefit adjustments, tax:
Net loss arising during the period, tax			28
Prior service credit arising during the period, tax			(477)
Less: reclassification adjustment for net (gain) loss realized in net earnings, tax	(5)	135	1,082	270
Less: reclassification adjustment for prior service credit realized in net earnings, tax		162	1,126	324
Less: reclassification adjustment for curtailment gain realized in net earnings, tax			4,628
Less: reclassification adjustment for settlement gain realized in net earnings, tax			113
Unrealized net gain on marketable securities, tax:
Unrealized net holding gain (loss) arising during the period, tax	244	(857)	(283)	(2,148)
Less: reclassification adjustment for net gain realized in net earnings, tax	94	7	96	10
Unrealized net gain (loss) from equity method investees' cash flow hedge, tax:
Unrealized net holding gain arising during the period, tax	13	153	244	174
Less: reclassification adjustment for net loss realized in net earnings, tax	(75)	(84)	(153)	(168)
Other comprehensive income (loss), tax	715	(101)	6,224	(1,261)
Foreign currency translation adjustment, net of tax:
Foreign currency translation adjustment, net of tax	(695)	(599)	281	(433)
Pension and other benefit adjustments net of tax:
Net loss arising during the period, net of tax			(45)
Prior service credit arising during the period, net of tax			746
Less: reclassification adjustment for net (gain) loss realized in net earnings, net of tax	6	(210)	(1,693)	(421)
Less: reclassification adjustment for prior service credit realized in net earnings, net of tax		(254)	(1,762)	(508)
Less: reclassification adjustment for curtailment gain realized in net earnings, net of tax			(7,239)
Less: reclassification adjustment for settlement gain realized in net earnings, net of tax			(175)
Unrealized net gain on marketable securities, net of tax:
Unrealized net holding gain (loss) arising during the period, net of tax	(382)	1,340	443	3,359
Less: reclassification adjustment for net gain realized in net earnings, net of tax	(145)	(11)	(149)	(15)
Unrealized net gain (loss) from equity method investees' cash flow hedge, net o tax:
Unrealized net holding gain arising during the period, net of tax	(21)	(240)	(382)	(272)
Less: reclassification adjustment for net loss realized in net earnings, net of tax	117	132	239	263
Other comprehensive income (loss)	$ (1,120)	$ 158	$ (9,736)	$ 1,973

ACCUMULATED OTHER COMPREHENSI43

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension and other benefit adjustments, before tax:
Less: reclassification adjustment for net (gain) loss realized in net earnings, before tax	$ 11	$ (345)	$ (2,775)	$ (691)
Less: reclassification adjustment for prior service credit realized in net earnings, before tax		(416)	(2,888)	(832)
Less: reclassification adjustment for curtailment gain realized in net earnings, before tax			(11,867)
Less: reclassification adjustment for settlement gain realized in net earnings, before tax			(288)
Other comprehensive income (loss), before tax	(1,835)	259	(15,960)	3,234
Income tax expense	23,350	20,090	27,280	16,990
Other comprehensive income (loss)	(1,120)	158	(9,736)	1,973
Unrealized net gain on marketable securities, before tax:
Less: reclassification adjustment for net gain realized in net earnings, before tax	(239)	(18)	(245)	(25)
Other comprehensive income (loss), before tax	(1,835)	259	(15,960)	3,234
Income tax expense	23,350	20,090	27,280	16,990
Other comprehensive income (loss)	(1,120)	158	(9,736)	1,973
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Less: reclassification adjustment for net loss realized in net earnings, before tax	192	216	392	431
Other comprehensive income (loss), before tax	(1,835)	259	(15,960)	3,234
Income tax expense	23,350	20,090	27,280	16,990
Other comprehensive income (loss)	(1,120)	158	(9,736)	1,973
Other comprehensive income (loss)	(1,120)	158	(9,736)	1,973
Total expense (income), net of tax
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss)	(22)	(343)	(10,779)	(681)
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss)	(22)	(343)	(10,779)	(681)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss)	(22)	(343)	(10,779)	(681)
Other comprehensive income (loss)	(22)	(343)	(10,779)	(681)
Pension and Other Benefits
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss)			(10,168)	(929)
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss)			(10,168)	(929)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss)			(10,168)	(929)
Other comprehensive income (loss)			(10,168)	(929)
Pension and Other Benefits | General and administrative: Other
Pension and other benefit adjustments, before tax:
Less: reclassification adjustment for net (gain) loss realized in net earnings, before tax	11	(345)	(2,775)	(691)
Less: reclassification adjustment for prior service credit realized in net earnings, before tax		(416)	(2,888)	(832)
Less: reclassification adjustment for curtailment gain realized in net earnings, before tax			(11,867)
Less: reclassification adjustment for settlement gain realized in net earnings, before tax			(288)
Pension and Other Benefits | Total expense (income) before tax
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss), before tax	11	(761)	(17,818)	(1,523)
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss), before tax	11	(761)	(17,818)	(1,523)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss), before tax	11	(761)	(17,818)	(1,523)
Pension and Other Benefits | Tax expense (benefit)
Pension and other benefit adjustments, before tax:
Income tax expense	(5)	297	6,949	594
Unrealized net gain on marketable securities, before tax:
Income tax expense	(5)	297	6,949	594
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Income tax expense	(5)	297	6,949	594
Pension and Other Benefits | Total expense (income), net of tax
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss)	6	(464)	(10,869)	(929)
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss)	6	(464)	(10,869)	(929)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss)	6	(464)	(10,869)	(929)
Other comprehensive income (loss)	6	(464)	(10,869)	(929)
Unrealized Gains on Marketable Securities
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss)			294	3,344
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss)			294	3,344
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss)			294	3,344
Other comprehensive income (loss)			294	3,344
Unrealized Gains on Marketable Securities | Investment income
Unrealized net gain on marketable securities, before tax:
Less: reclassification adjustment for net gain realized in net earnings, before tax	(239)	(18)	(245)	(25)
Unrealized Gains on Marketable Securities | Total expense (income) before tax
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss), before tax	(239)	(18)	(245)	(25)
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss), before tax	(239)	(18)	(245)	(25)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss), before tax	(239)	(18)	(245)	(25)
Unrealized Gains on Marketable Securities | Tax expense (benefit)
Pension and other benefit adjustments, before tax:
Income tax expense	94	7	96	10
Unrealized net gain on marketable securities, before tax:
Income tax expense	94	7	96	10
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Income tax expense	94	7	96	10
Unrealized Gains on Marketable Securities | Total expense (income), net of tax
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss)	(145)	(11)	(149)	(15)
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss)	(145)	(11)	(149)	(15)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss)	(145)	(11)	(149)	(15)
Other comprehensive income (loss)	(145)	(11)	(149)	(15)
Unrealized Gain from Equity Method Investees' Cash Flow Hedge
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss)			(143)	(9)
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss)			(143)	(9)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss)			(143)	(9)
Other comprehensive income (loss)			(143)	(9)
Unrealized Gain from Equity Method Investees' Cash Flow Hedge | Equity in earnings of non consolidated entities
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Less: reclassification adjustment for net loss realized in net earnings, before tax	192	216	392	431
Unrealized Gain from Equity Method Investees' Cash Flow Hedge | Total expense (income) before tax
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss), before tax	192	216	392	431
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss), before tax	192	216	392	431
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss), before tax	192	216	392	431
Unrealized Gain from Equity Method Investees' Cash Flow Hedge | Tax expense (benefit)
Pension and other benefit adjustments, before tax:
Income tax expense	(75)	(84)	(153)	(168)
Unrealized net gain on marketable securities, before tax:
Income tax expense	(75)	(84)	(153)	(168)
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Income tax expense	(75)	(84)	(153)	(168)
Unrealized Gain from Equity Method Investees' Cash Flow Hedge | Total expense (income), net of tax
Pension and other benefit adjustments, before tax:
Other comprehensive income (loss)	117	132	239	263
Unrealized net gain on marketable securities, before tax:
Other comprehensive income (loss)	117	132	239	263
Unrealized net gain from equity method investees' cash flow hedge, before tax:
Other comprehensive income (loss)	117	132	239	263
Other comprehensive income (loss)	$ 117	$ 132	$ 239	$ 263

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Employee benefit plan disclosures
Qualification age of employees for participation in the savings plan (in years)			21 years
Minimum service in first twelve months of employment for eligibility (in hours)			PT1000H
Initial period of employment for eligibility (in months)			12 months
Targeted payment to associates			$ 4,300,000
Components of net periodic benefit (credit):
Net periodic benefit (credit)			(18,003,000)	$ (1,709,000)
Pension Benefits
Components of net periodic benefit (credit):
Interest cost	$ 1,070,000	$ 1,152,000	2,139,000	2,304,000
Expected return on plan assets	(1,167,000)	(1,307,000)	(2,333,000)	(2,614,000)
Amortization of net (gain) loss	11,000	(258,000)	22,000	(517,000)
Settlement (gain) loss			287,000
Net periodic benefit (credit)	$ (86,000)	(413,000)	115,000	(827,000)
Other Benefits
Components of net periodic benefit (credit):
Service cost		9,000	2,000	18,000
Interest cost		53,000	7,000	106,000
Amortization of net (gain) loss		(87,000)	(2,797,000)	(174,000)
Amortization of prior service credit		(416,000)	(2,888,000)	(832,000)
Curtailment gain			(11,867,000)
Settlement (gain) loss			(575,000)
Net periodic benefit (credit)		$ (441,000)	$ (18,118,000)	$ (882,000)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details)	Jul. 13, 2015USD ($)item	Mar. 16, 2015USD ($)	Jun. 30, 2015USD ($)	May. 05, 2014USD ($)
Screen vision L L C Member
Commitments and contingencies line items
Total transaction value				$ 375,000,000
Termination fee		$ 26,840,000
Estimated legal and other transaction expense		$ 14,930,000
Ownership percentage		15.05%
Transaction expenses			$ 6,300,000
Starplex Cinemas
Commitments and contingencies line items
Total transaction value	$ 171,800,000
Number of Theatres | item	33
Number of Screens in Theatres | item	346
Number of states of operations | item	12

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator:
Earnings from continuing operations	$ 43,923	$ 31,414	$ 50,061	$ 26,572
Denominator (shares in thousands):
Weighted average shares for basic earnings (loss) per common share	97,978,000	97,507,000	97,949,000	97,505,000
Common equivalent shares for restricted stock units (in shares)	59,000	121,000	38,000	123,000
Shares for diluted earnings per common share	98,037,000	97,628,000	97,987,000	97,628,000
Basic earnings from continuing operations per common share (in dollars per share)	$ 0.45	$ 0.32	$ 0.51	$ 0.27
Diluted earnings from continuing operations per common share (in dollars per share)	$ 0.45	$ 0.32	$ 0.51	$ 0.27
Performance Vesting
Denominator (shares in thousands):
Anti-dilutive securities not included in the computations of diluted earnings per share (in shares)			43,062

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - $ / shares	Jul. 28, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Subsequent Event
Cash dividend declared (in dollars per share)		$ 0.20	$ 0.20	$ 0.40	$ 0.20
Class A common stock
Subsequent Event
Cash dividend declared (in dollars per share)	$ 0.20
Class B common stock
Subsequent Event
Cash dividend declared (in dollars per share)	$ 0.20

Uncategorized Items - amch-2015

Label	Element	Value
Depreciation, Depletion and Amortization	us-gaap_DepreciationDepletionAndAmortization	$ 51,750
Depreciation, Depletion and Amortization	us-gaap_DepreciationDepletionAndAmortization	57,249
Net Income (Loss) Available to Common Stockholders, Basic	us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic	31,393
Net Income (Loss) Available to Common Stockholders, Basic	us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic	$ 43,923