United Artists Theatre Circuit 10-Q 10 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 25, 2014	Nov. 10, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'UNITED ARTISTS THEATRE CIRCUIT INC /MD/	'
Entity Central Index Key	'0000889570	'
Document Type	'10-Q	'
Document Period End Date	25-Sep-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--01-01	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	100
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

UNAUDITED_CONDENSED_CONSOLIDAT

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 25, 2014	Dec. 26, 2013
In Millions, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$82.90	$75
Receivables	0.8	1.5
Prepaid expenses, concession inventory and other current assets	5	1.4
Deferred income tax asset	2	2
Total current assets	90.7	79.9
Property and equipment:	'	'
Land	2.7	2.7
Buildings, leasehold improvements and equipment	108.1	106.4
Total property and equipment	110.8	109.1
Accumulated depreciation and amortization	-82.3	-78.2
Total property and equipment, net	28.5	30.9
Goodwill	7.1	7.1
Other non-current assets	11.2	10.3
Total assets	137.5	128.2
Current liabilities:	'	'
Accounts payable	7.8	8.2
Accrued expenses and other	5.9	7.4
Current portion of debt obligations	0.3	0.3
Total current liabilities	14	15.9
Other non-current liabilities	4.5	4.9
Non-current deferred revenue	22.8	23.4
Long-term debt, less current portion	0.3	0.5
Deferred income tax liability	22.9	23.2
Total liabilities	64.5	67.9
Commitments and contingencies	'	'
Equity:	'	'
Preferred stock, $1.00 par value; 500,000 shares authorized, no shares issued and outstanding at September 25, 2014 and December 26, 2013	0	0
Common stock, $1.00 par value; 1,000 shares authorized, 100 shares issued and outstanding at September 25, 2014 and December 26, 2013	0	0
Additional paid-in capital	93.2	93.2
Retained earnings	63.8	55.8
Related party receivables	-84.3	-89.1
Total stockholder’s equity of United Artists Theatre Circuit, Inc.	72.7	59.9
Noncontrolling interest	0.3	0.4
Total equity	73	60.3
Total liabilities and equity	$137.50	$128.20

UNAUDITED_CONDENSED_CONSOLIDAT1

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 25, 2014	Dec. 26, 2013
Statement of Financial Position [Abstract]	'	'
Preferred stock, par value (in dollars per share)	$1	$1
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$1	$1
Common stock, shares authorized (in shares)	1,000	1,000
Common stock, shares issued (in shares)	100	100
Common sock, shares outstanding (in shares)	100	100

UNAUDITED_CONDENSED_CONSOLIDAT2

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 25, 2014	Sep. 26, 2013	Sep. 25, 2014	Sep. 26, 2013
Revenues:	'	'	'	'
Admissions	$29.90	$36.90	$92.50	$102.60
Concessions	11.7	14.4	36.1	39.3
Other operating revenues	2.1	2.2	6.1	6.3
Total revenues	43.7	53.5	134.7	148.2
Operating expenses:	'	'	'	'
Film rental and advertising costs	15.4	18.9	47.6	52.4
Cost of concessions	1.5	1.9	4.7	5.3
Other theatre operating expenses	13.1	19.5	48.8	56.4
Sale and leaseback rentals	3.8	3.7	11.4	11.3
General and administrative expenses	1.3	1.6	4.1	4.5
Depreciation and amortization	1.6	1.7	4.7	5.3
Net loss on disposal and impairment of operating assets	0	0	0.2	1.3
Total operating expenses	36.7	47.3	121.5	136.5
Income from operations	7	6.2	13.2	11.7
Other expense (income):	'	'	'	'
Interest expense (income), net	-0.2	0	-0.2	0
Total other expense (income), net	-0.2	0	-0.2	0
Income before income taxes	7.2	6.2	13.4	11.7
Provision for income taxes	2.8	2.4	5.3	4.6
Net income	4.4	3.8	8.1	7.1
Noncontrolling interest, net of tax	-0.1	-0.1	-0.1	-0.1
Net income attributable to controlling interest	$4.30	$3.70	$8	$7

UNAUDITED_CONDENSED_CONSOLIDAT3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 25, 2014	Sep. 26, 2013
Cash flows from operating activities:	'	'
Net income	$8.10	$7.10
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	4.7	5.3
Net loss on disposal and impairment of operating assets	0.2	1.3
Deferred income tax benefit	-0.2	-0.5
Effect of leases with escalating minimum annual rentals	-1.3	-1
Change in operating assets and liabilities:	'	'
Receivables	0.7	0.8
Prepaid expenses, concession inventory and other assets	-3.6	-3.6
Accounts payable	-0.3	-0.3
Deferred revenue	-0.6	-0.6
Accrued expenses and other liabilities	-1.6	0.3
Net cash provided by operating activities	6.1	8.8
Cash flows from investing activities:	'	'
Capital expenditures	-2.6	-2.6
Proceeds from disposition of assets, net	0	0.1
Distributions to partnership	-0.1	-0.1
Net cash used in investing activities	-2.7	-2.6
Cash flows from financing activities:	'	'
Debt payments	-0.2	-0.2
Decrease in related party receivables and other	4.7	6.3
Net cash provided by financing activities	4.5	6.1
Net increase in cash and cash equivalents	7.9	12.3
Cash and cash equivalents:	'	'
Beginning of period	75	54.7
End of period	$82.90	$67

The_Company_and_Basis_of_Prese

The Company and Basis of Presentation	9 Months Ended
	Sep. 25, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
The Company and Basis of Presentation	'
	The Company and Basis of Presentation
	United Artists Theatre Company (the "Parent" or "United Artists"), a Delaware corporation, is the parent company of United Artists Theatre Circuit, Inc. ("we," "us," "our," the "Company" or "UATC") and United Artists Realty Company ("UAR"), which is the parent company of United Artists Properties I Corp. ("Prop I"). UATC leases certain theatres from Prop I. The terms UATC and the Company shall be deemed to include the respective subsidiaries of such entity when used in discussions included herein regarding the current operations or assets of such entity.
	UATC operated 455 screens in 50 theatres in 17 states as of September 25, 2014. As of September 26, 2013, UATC operated 476 screens in 53 theatres in 17 states.  The Company formally operates on a 52-week fiscal year with each quarter generally consisting of 13 weeks, unless otherwise noted.  The Company’s fiscal year ends on the first Thursday after December 25, which in certain years (such as fiscal 2014) results in a 53-week fiscal year. The quarters and three quarters ended September 25, 2014 and September 26, 2013 were comprised of 13 and 39-week periods, respectively. On August 27, 2014, Regal Entertainment Group's ("REG" or "Regal") Board of Directors approved a change in the Company’s fiscal year from a 52-53 week fiscal year ending on the first Thursday after December 25 of each year to a fiscal year ending on December 31 of each year, effective with the fiscal year commencing January 2, 2015.  The Company’s current fiscal year will end on January 1, 2015, with subsequent fiscal years ending on December 31 of each year.  Beginning January 2, 2015, the Company’s quarterly results will be for three month periods ending March 31, June 30, September 30 and December 31 of each year.
	The Company is a wholly owned subsidiary of Regal Cinemas, Inc. ("RCI"), which is an indirect wholly owned subsidiary of REG. REG is controlled by Anschutz Company ("Anschutz"). RCI manages all aspects of the theatre operations of UATC and its subsidiaries and makes all business decisions on behalf of UATC pursuant to a management agreement.  In certain markets where UATC operates theatres, RCI also operates theatres.
	For a discussion of the series of events leading to the formation of REG, REG’s acquisition of the Company and other significant transactions which have occurred through December 26, 2013, please refer to Notes 1 and 2 to the consolidated financial statements included in Part II, Item 8 of our annual report on Form 10-K, filed on March 14, 2014 with the Securities and Exchange Commission (the "Commission") (File No. 33-49598) for the fiscal year ended December 26, 2013 (the "2013 Audited Consolidated Financial Statements").  For a summary of our significant accounting policies, please refer to Note 3 to the 2013 Audited Consolidated Financial Statements.
	The Company has prepared the unaudited condensed consolidated balance sheet as of September 25, 2014, the unaudited condensed consolidated statements of income for the quarter and three quarters ended September 25, 2014 and September 26, 2013, and the unaudited condensed consolidated statements of cash flows for the three quarters ended September 25, 2014 and September 26, 2013 in accordance with U.S. generally accepted accounting principles for interim financial information and the rules and regulations of the Commission. Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made. The December 26, 2013 unaudited condensed consolidated balance sheet information is derived from the 2013 Audited Consolidated Financial Statements. These unaudited condensed consolidated financial statements should be read in conjunction with the 2013 Audited Consolidated Financial Statements and notes thereto. The results of operations for the quarter and three quarters ended September 25, 2014 are not necessarily indicative of the operating results that may be achieved for the full 2014 fiscal year.
	Net income and total comprehensive income are the same for all periods presented.

Debt_Obligations

Debt Obligations	9 Months Ended
	Sep. 25, 2014
Debt Disclosure [Abstract]	'
Debt Obligations	'
	Debt Obligations
	Debt obligations are summarized as follows (amounts in millions):
		September 25, 2014			December 26, 2013
	Debt obligations(a)	$	0.6		$	0.8
	Less current portion	(0.3		)	(0.3		)
	Long-term debt, less current portion	$	0.3		$	0.5
	______________________________
	(a)     Debt obligations include $0.6 million and $0.8 million of capital lease obligations as of September 25, 2014 and December 26, 2013, respectively, which have an interest rate of 10.0%, maturing in 2016.

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Sep. 25, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	Related Party Transactions
	Management Agreement
	RCI manages all aspects of the theatre operations of UATC and its subsidiaries pursuant to the terms of a management agreement, which includes all of its cash collections, cash disbursements and other cash management functions. During the quarters ended September 25, 2014 and September 26, 2013, UATC recorded management fee expenses of $1.3 million and $1.6 million, respectively, related to this agreement. During the three quarters ended September 25, 2014 and September 26, 2013, UATC recorded management fee expenses of $4.1 million and $4.5 million, respectively, related to this agreement. Such fees have been recorded in the accompanying unaudited condensed consolidated statements of income as a component of "General and administrative expenses."
	Related Party Receivables
	The related party receivables balance of $89.1 million as of December 26, 2013 was comprised of approximately $9.8 million related to advances made to Prop I to fund additions and/or renovations to theatres leased from Prop I and approximately $79.3 million related to intercompany transactions and cash management.  The related party receivables balance of $84.3 million as of September 25, 2014 was also comprised of the $9.8 million receivable from Prop I and approximately $74.5 million related to intercompany transactions and cash management.
	UATC leases three theatres from Prop I in accordance with a master lease (the "Prop I Master Lease"). The Prop I Master Lease commenced in 1988 with an original base term of 15 years and in 2003 UATC exercised a 10 year renewal extension of the lease. During fiscal 2013, the lease was subsequently extended through 2016. The Prop I Master Lease provides for basic monthly or quarterly rentals and may require additional rentals, based on the revenue of the underlying theatre. In order to fund the cost of additions and/or renovations to the theatres leased by UATC from Prop I, UATC made advances to Prop I prior to becoming a wholly owned subsidiary of REG in 2002.  Since 2002, UATC has not funded any additions and/or renovations for these properties and does not expect to make any advances to Prop 1 in future periods. The Prop I portion of the related party receivable balance ($9.8 million at September 25, 2014 and December 26, 2013) will be reduced upon any sale of the three properties by Prop I, with UATC receiving the net proceeds of the sale. The fair value of each of the three locations is evaluated periodically using the expected selling price less selling costs for each property.  Management’s estimates (Level 3 inputs as described in Accounting Standards Codification ("ASC") Topic 820, Fair Value Measurements and Disclosures) are based on recent market transactions and current real estate values within each market.  The Company has no current intention to market or sell the properties at this time, but believes that the fair market value of the three properties will be sufficient to substantially recover the current receivable from Prop I.
	The decrease in the related party receivables balance of $4.8 million during the three quarters ended September 25, 2014 was due primarily to the timing of intercompany cash collections and disbursements particularly with respect to (1) the increase in the amount of expenses paid by RCI on behalf of UATC, partially offset by (2) the impact of the redemption of gift cards and discount tickets at UATC theatres that were sold by a subsidiary of RCI, Regal CineMedia Corporation ("RCM"), and (3) cash received by RCI for various revenue items, such as on-line ticket sales and rebates from vendor marketing programs, for UATC’s share of the revenues for such items. When RCI (or RCM) receives the cash for these items, revenue is recorded by UATC and a corresponding intercompany receivable is created, which is payable by RCI (or RCM) to UATC.  Decreases in the intercompany receivable recorded by UATC could occur in future periods as long as the above described cash management activities continue as usual.  As of September 25, 2014, management believes the intercompany receivable is fully collectible.
	National CineMedia, LLC Transactions
	Pursuant to the Company’s management agreement with RCI, RCI, through an agreement with National CineMedia, LLC ("National CineMedia"), provides on-screen and lobby advertising services to UATC.
	In connection with the completion of the initial public offering, or IPO, of National CineMedia Inc.’s common stock, RCI amended and restated its existing exhibitor services agreement ("ESA") with National CineMedia, whereby in exchange for its pro rata share of the IPO proceeds, RCI agreed to a modification of National CineMedia’s payment obligation under the ESA.  The modification extended the term of the ESA to 30 years, provided National CineMedia with a five-year right of first refusal beginning one year prior to the end of the term and changed the basis upon which RCI is paid by National CineMedia from a percentage of revenues associated with advertising contracts entered into by National CineMedia to a monthly theatre access fee.  Also, with respect to any on-screen advertising time provided by us to our beverage concessionaire, RCI is required to purchase such time from National CineMedia at a negotiated rate.
	As a result of the ESA amendment and related modification payment, RCI recognizes various types of other revenue from National CineMedia, including per patron and per digital screen theatre access fees, net of payments for on-screen advertising time provided to the Company’s beverage concessionaire, other National CineMedia revenue and amortization of upfront ESA modification fees utilizing the units of revenue amortization method.
	The Company’s portion of these revenues is presented as a component of "Other operating revenues" in the Company’s unaudited condensed consolidated financial statements and consists of the following amounts (in millions):
		Quarter Ended			Quarter Ended			Three Quarters Ended			Three Quarters Ended
		25-Sep-14			26-Sep-13			25-Sep-14			26-Sep-13
	Theatre access fees - patrons	$	0.2		$	0.3		$	0.7		$	0.9
	Theatre access fees - digital screens	0.1			0.2			0.3			0.3
	Other NCM revenue	0.1			—			0.2			0.2
	Amortization of ESA modification fees	0.1			0.1			0.4			0.3
	Payments for beverage concessionaire advertising	(0.2		)	(0.3		)	(0.6		)	(0.8		)
	Total	$	0.3		$	0.3		$	1		$	0.9
	On December 26, 2013, National CineMedia sold its Fathom Events business to AC JV, LLC a newly-formed Delaware limited liability company owned, directly and indirectly, 32% by each of RCI, AMC Entertainment, Inc. ("AMC") and Cinemark, Inc. ("Cinemark") and 4% by National CineMedia. The Fathom Events business focuses on the marketing and distribution of live and pre-recorded entertainment programming to various theatre operators (including REG, AMC and Cinemark) to provide additional programs to augment their feature film schedule and includes events such as live and pre-recorded concerts, opera and symphony, DVD product releases and marketing events, theatrical premieres, Broadway plays, live sporting events and other special events. In addition, on December 26, 2013, RCI amended and restated its existing exhibitor service agreement with National CineMedia in connection with the sale by National CineMedia of its Fathom Events business. AMC and Cinemark also amended and restated their respective existing exhibitor service agreements with National CineMedia in connection with the sale. The existing exhibitor service agreements were modified to remove those provisions addressing the rights and obligations related to digital programing services of the Fathom Events business. Those provisions are now contained in the Amended and Restated Digital Programming Exhibitor Services Agreements that were entered into on December 26, 2013 by National CineMedia and each of RCI, AMC and Cinemark, respectively. These Amended and Restated Digital Programming Exhibitor Services Agreements were then assigned by National CineMedia to AC JV as part of the sale.
	Digital Cinema Implementation Partners, LLC Transactions
	Regal maintains an investment in Digital Cinema Implementation Partners, LLC, a Delaware limited liability company ("DCIP").  DCIP is a joint venture company formed by Regal, AMC and Cinemark. On March 10, 2010, DCIP executed definitive agreements and related financing transactions in connection with the conversion to digital projection. Concurrent with closing, RCI entered into a master equipment lease agreement (the "Master Lease") and other related agreements with Kasima, LLC, a wholly owned subsidiary of DCIP.
	DCIP funds the cost of conversion to digital projection principally through the collection of virtual print fees from motion picture studios and equipment lease payments from participating exhibitors, including Regal. In accordance with the Master Lease, RCI subleases (the "Sublease") the digital projection systems to UATC under a twelve-year term with ten one-year fair value renewal options. The Master Lease also contains a fair value purchase option.  On March 31, 2014, the junior capital raised by DCIP in the initial financing transaction was paid in full by DCIP. In connection with the repayment, the Master Lease (and Sublease) was amended to eliminate the incremental minimum rent payment provision of $2,000 per digital projection system described more fully in Note 5 to the 2013 Audited Consolidated Financial Statements. Under the Master Lease and the Sublease, UATC pays RCI annual minimum rent of $1,000 per digital projection system from the effective date of the agreement through the end of the lease term. UATC considers the $1,000 minimum rental to be a minimum rent and accordingly has recorded such rent on a straight-line basis in its consolidated financial statements. UATC is also subject to various types of other rent if such digital projection systems do not meet minimum performance requirements as outlined in the Master Lease and the Sublease. Certain of the other rent payments are subject to either a monthly or an annual maximum. UATC accounts for the Sublease as an operating lease for accounting purposes. During the three quarters ended September 25, 2014 and September 26, 2013, the Company incurred total rent of approximately $0.4 million and $0.8 million, respectively associated with the leased digital projection systems.

SaleLeaseback_Transactions

Sale-Leaseback Transactions	9 Months Ended
	Sep. 25, 2014
Sale Leaseback Transactions	'
Sale-Leaseback Transactions	'
	Sale—Leaseback Transactions
	In December 1995, UATC entered into a sale and leaseback transaction whereby 31 owned properties were sold to and leased back from an unaffiliated third party. In conjunction with the transaction, the buyer of the properties issued publicly traded pass-through certificates. In connection with this sale and leaseback transaction, UATC entered into a Participation Agreement that requires UATC to comply with various covenants, including limitations on indebtedness, restricted payments, transactions with affiliates, guarantees, issuance of preferred stock of subsidiaries and subsidiary distributions, transfer of assets and payment of dividends. As of September 25, 2014, 11 properties were subject to the sale leaseback transaction and approximately $7.7 million in principal amount of pass-through certificates were outstanding.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 25, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The provision for income taxes of $2.8 million and $2.4 million for the quarters ended September 25, 2014 and September 26, 2013, respectively, reflects effective tax rates of approximately 38.9% and 38.7%, respectively. The provision for income taxes of $5.3 million and $4.6 million for the three quarters ended September 25, 2014 and September 26, 2013, respectively, reflects effective tax rates of approximately 39.6% and 39.3%, respectively.  The effective tax rates for the quarters and three quarters ended ended September 25, 2014 and September 26, 2013 reflect the impact of certain non-deductible expenses.
	In assessing the realizable value of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which these temporary differences become deductible. The Company has recorded a valuation allowance against deferred tax assets of $2.4 million as of September 25, 2014 and December 26, 2013 as management believes it is more likely than not that certain deferred tax assets will not be realized in future tax periods. Future reductions in the valuation allowance associated with a change in management’s determination of the Company’s ability to realize these deferred tax assets will result in a decrease in the provision for income taxes.
	The Company files income tax returns in the U.S. federal jurisdiction and certain state jurisdictions as part of the REG income tax filings and files separate income tax returns in various other state jurisdictions as well.  The Company's share of the REG current and deferred tax expense is determined on a separate company basis. REG and the Company are no longer subject to U.S. federal income tax examinations by taxing authorities for years before 2010, and with limited exceptions, are no longer subject to state income tax examinations for years before 2010.  However, the taxing authorities still have the ability to review the propriety of tax attributes created in closed tax years if such tax attributes are utilized in an open tax year. In May 2014, REG was notified that the Internal Revenue Service ("IRS") would examine its 2012 federal income tax return. As of the quarter ended September 25, 2014, REG has not been notified of any items that are being disputed by the IRS. Management believes that it has provided adequate provision for income taxes relative to the tax year under examination.

Litigation_and_Contingencies

Litigation and Contingencies	9 Months Ended
	Sep. 25, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Litigation and Contingencies	'
	Litigation and Contingencies
	The Company and its subsidiaries are presently involved in various judicial, administrative, regulatory and arbitration proceedings concerning matters arising in the ordinary course of business operations, including but not limited to, personal injury claims, landlord-tenant disputes, tax disputes, employment and other contractual matters, some of which are described below. Many of these proceedings are at preliminary stages, and many of these cases seek an indeterminate amount of damages. The Company’s theatre operations are also subject to federal, state and local laws governing such matters as wages, working conditions, citizenship and health and sanitation and environmental protection requirements.
	On October 9, 2012, staff at the San Francisco Regional Water Quality Board (the "Regional Board") notified the Company, that the Regional Board is contemplating issuing a cleanup and abatement order to the Company with respect to a property in Santa Clara, California that the Company owned and then leased during the 1960s and 1970s. On June 25, 2013, the Regional Board issued a tentative order to the Company setting out proposed site clean-up requirements for the Company with respect to the property. According to the Regional Board, the property in question has been contaminated by dry-cleaning facilities that operated at the property in question from approximately 1961 until 1996. The Regional Board also issued a tentative order to the current property owner, who has been conducting site investigation and remediation activities at the site for several years. The Company submitted comments to the Regional Board on July 28, 2013, objecting to the tentative order. The Regional Board considered the matter at its regular meeting on September 11, 2013 and adopted the tentative order with only minor changes. On October 11, 2013, the Company filed a petition with the State Water Resources Control Board (“State Board”) for review of the Regional Board’s order. The State Board has not yet acted on the petition. The Company is cooperating with the Regional Board while its petition remains pending before the State Board. The Company intends to vigorously defend this matter. We believe that we are, and were during the period in question described in this paragraph, in compliance with such applicable laws and regulations.
	On July 10, 2014, the State of New York approved a sales tax refund claim filed by the Company to recover sales taxes paid on certain nontaxable purchases made by the Company during the fiscal 2008 through fiscal 2012 periods. The refund totaled approximately $5.1 million, including interest. The Company recorded the refund during the quarter ended September 25, 2014 by reducing "Other operating expenses" by approximately $4.9 million and "Interest expense, net" by approximately $0.2 million.
	In situations where management believes that a loss arising from the proceedings described herein is probable and can reasonably be estimated, the Company records the amount of the loss, or the minimum estimated liability when the loss is estimated using a range and no amount within the range is more probable than another. As additional information becomes available, any potential liability related to these proceedings is assessed and the estimates are revised, if necessary. The amounts reserved for such proceedings totaled approximately $2.8 million (primarily landlord-tenant disputes) as of September 25, 2014. Management believes any additional liability with respect to these claims and disputes will not be material in the aggregate to the Company’s consolidated financial position, results of operations or cash flows. Under ASC Topic 450, Contingencies—Loss Contingencies, an event is "reasonably possible" if "the chance of the future event or events occurring is more than remote but less than likely" and an event is "remote" if "the chance of the future event or events occurring is slight." Thus, references to the upper end of the range of reasonably possible loss for cases in which the Company is able to estimate a range of reasonably possible loss mean the upper end of the range of loss for cases for which the Company believes the risk of loss is more than slight. Management is unable to estimate a range of reasonably possible loss for cases described herein in which damages have not been specified and (i) the proceedings are in early stages, (ii) there is uncertainty as to the likelihood of a class being certified or the ultimate size of the class, (iii) there is uncertainty as to the outcome of pending appeals or motions, (iv) there are significant factual issues to be resolved, and/or (v) there are novel legal issues presented. However, for these cases, management does not believe, based on currently available information, that the outcomes of these proceedings will have a material adverse effect on the Company’s financial condition, though the outcomes could be material to the Company’s operating results for any particular period, depending, in part, upon the operating results for such period.
	Our theatres must comply with Title III of the Americans with Disabilities Act of 1990 (the "ADA") to the extent that such properties are "public accommodations" and/or "commercial facilities" as defined by the ADA. Compliance with the ADA requires that public accommodations "reasonably accommodate" individuals with disabilities and that new construction or alterations made to "commercial facilities" conform to accessibility guidelines unless "structurally impracticable" for new construction or technically infeasible for alterations. Non-compliance with the ADA could result in the imposition of injunctive relief, fines, awards of damages to private litigants and additional capital expenditures to remedy such non-compliance.
	The accessibility of theatres to persons with visual impairments or that are deaf or hard of hearing remains a topic of interest to the DOJ and they have announced that they will be issuing another Advance Notice of Proposed Rulemaking concerning the provision of closed captioning and descriptive audio within the theatre environment. The Company believes it provides the members of the visually and hearing impaired communities with reasonable access to the movie-going experience, and has deployed new digital captioning and descriptive video systems that should meet all such potential requirements or expectations of any federal, state or individual concerns. The Company believes that it is in substantial compliance with all current applicable regulations relating to accommodations for the disabled. The Company intends to comply with future regulations in this regard and except as set forth above, does not currently anticipate that compliance will require the Company to expend substantial funds.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	9 Months Ended
	Sep. 25, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In July 2013, the Financial Accounting Standards Board ("FASB") issued ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The amendments in ASU 2013-11 require an entity to present an unrecognized tax benefit in the financial statements as a reduction to a deferred tax asset for a net operating loss ("NOL") carryforward, a similar tax loss, or a tax credit carryforward except when: (1) a NOL carryforward, a similar tax loss, or a tax credit carryforward is not available as of the reporting date under the governing tax law to settle taxes that would result from the disallowance of the tax position; or (2) the entity does not intend to use the deferred tax asset for this purpose (provided that the tax law permits a choice). If either of these conditions exists, an entity should present an unrecognized tax benefit in the financial statements as a liability and should not net the unrecognized tax benefit with a deferred tax asset. The amendment does not affect the recognition or measurement of uncertain tax positions under ASC Topic 740, Income Taxes. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. ASU 2013-11 became effective for the Company as of the beginning of fiscal 2014 and has been applied prospectively.
	In April 2014, the FASB issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 changes the requirements for reporting discontinued operations and includes enhanced disclosures about discontinued operations. Under the update, only those disposals of components of an entity that represent a strategic shift that has a major effect on an entity's operations and financial results will be reported as discontinued operations in the financial statements. ASU 2014-08 is effective prospectively for annual reporting periods beginning on or after December 15, 2014, and interim reporting periods within those years. Early adoption is permitted. The Company expects to adopt ASU 2014-08 as of the beginning of fiscal 2015 and it does not anticipate the adoption of ASU 2014-08 to have a material impact on the Company's consolidated financial statements and related disclosures.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the impact that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 25, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	On October 27, 2014, REG announced that its Board of Directors has authorized the exploration of strategic alternatives to enhance shareholder value, which may include a potential sale of Regal. REG's Board of Directors has retained Morgan Stanley & Co. LLC, Inc. as its financial advisor to assist in the review process. REG has not set a definitive timetable for completing its exploration of strategic alternatives and there can be no assurance that the process will result in any specific outcome. REG does not intend to disclose further developments during this process, unless and until its Board of Directors approves a specific course of action or otherwise concludes the review.

Debt_Obligations_Tables

Debt Obligations (Tables)	9 Months Ended
	Sep. 25, 2014
Debt Disclosure [Abstract]	'
Schedule of debt obligations	'
	Debt obligations are summarized as follows (amounts in millions):
		September 25, 2014			December 26, 2013
	Debt obligations(a)	$	0.6		$	0.8
	Less current portion	(0.3		)	(0.3		)
	Long-term debt, less current portion	$	0.3		$	0.5
	______________________________
	(a)     Debt obligations include $0.6 million and $0.8 million of capital lease obligations as of September 25, 2014 and December 26, 2013, respectively, which have an interest rate of 10.0%, maturing in 2016.

Related_Party_Transactions_Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 25, 2014
Related Party Transactions [Abstract]	'
Schedule of other revenues recognized from National CineMedia	'
	The Company’s portion of these revenues is presented as a component of "Other operating revenues" in the Company’s unaudited condensed consolidated financial statements and consists of the following amounts (in millions):
		Quarter Ended			Quarter Ended			Three Quarters Ended			Three Quarters Ended
		25-Sep-14			26-Sep-13			25-Sep-14			26-Sep-13
	Theatre access fees - patrons	$	0.2		$	0.3		$	0.7		$	0.9
	Theatre access fees - digital screens	0.1			0.2			0.3			0.3
	Other NCM revenue	0.1			—			0.2			0.2
	Amortization of ESA modification fees	0.1			0.1			0.4			0.3
	Payments for beverage concessionaire advertising	(0.2		)	(0.3		)	(0.6		)	(0.8		)
	Total	$	0.3		$	0.3		$	1		$	0.9

The_Company_and_Basis_of_Prese1

The Company and Basis of Presentation (Details)	Sep. 25, 2014	Sep. 26, 2013
	theatre	screen
	screen	state
	state	theatre
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'	'
Number of screens	455	476
Number of theatres	50	53
Number of states in which the entity operates	17	17

Debt_Obligations_Details

Debt Obligations (Details) (USD $)	Sep. 25, 2014		Dec. 26, 2013
In Millions, unless otherwise specified
Debt Disclosure [Abstract]	'		'
Debt obligations	$0.60	[1]	$0.80	[1]
Less current portion	-0.3		-0.3
Long-term debt, less current portion	0.3		0.5
Capital lease obligations	$0.60		$0.80
Interest rate on capital lease obligations (as a percent)	10.00%		10.00%
[1]	Debt obligations include $0.6 million and $0.8 million of capital lease obligations as of September 25, 2014 and December 26, 2013, respectively, which have an interest rate of 10.0%, maturing in 2016.

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)

Sep. 25, 2014

Dec. 26, 2013

Sep. 25, 2014

Sep. 26, 2013

Sep. 25, 2014

Sep. 26, 2013

Sep. 25, 2014

Dec. 26, 2013

Sep. 25, 2014

Sep. 26, 2013

Sep. 25, 2014

Sep. 26, 2013

Sep. 25, 2014

Sep. 26, 2013

Dec. 26, 2013

Dec. 26, 2013

In Millions, unless otherwise specified

property

RCI

RCI

RCI

RCI

Prop I

Prop I

NCM Inc.

NCM Inc.

NCM Inc.

NCM Inc.

DCIP

DCIP

AC JV, LLC

AC JV, LLC

theatre

RCI

RCI

RCI

RCI

RCI

RCI

Regal Cinemas Inc, AMC Entertainment Inc and Cinemark

National Cine Media

renewal_option

Related Party Transactions

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Management fee expenses

'

'

$1.30

$1.60

$4.10

$4.50

'

'

'

'

'

'

'

'

'

'

Related party receivables

84.3

89.1

'

'

'

'

9.8

9.8

'

'

'

'

'

'

'

'

Receivables related to intercompany transactions and cash management

74.5

79.3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of theatres subject to lease

3

'

'

'

'

'

3

'

'

'

'

'

'

'

'

'

Original base term of lease (in years)

'

'

'

'

'

'

'15 years

'

'

'

'

'

'

'

'

'

Renewal extension period of the lease (in years)

'

'

'

'

'

'

'10 years

'

'

'

'

'

'

'

'

'

Decrease in related party receivables due to the timing of intercompany cash collections and disbursements

'

'

'

'

'

'

4.8

'

'

'

'

'

'

'

'

'

Extended term of exhibitor services agreement (in years)

'

'

'

'

'

'

'

'

'

'

'30 years

'

'

'

'

'

Right of first refusal period (in years)

'

'

'

'

'

'

'

'

'

'

'5 years

'

'

'

'

'

Period prior to end of agreement term for commencement of right of first refusal (in years)

'

'

'

'

'

'

'

'

'

'

'1 year

'

'

'

'

'

Maximum term of lease, excluding renewal options (in years)

'

'

'

'

'

'

'

'

'

'

'

'

'12 years

'

'

'

Number of one-year fair value renewal options

'

'

'

'

'

'

'

'

'

'

'

'

10

'

'

'

Fair value renewal options term (in years)

'

'

'

'

'

'

'

'

'

'

'

'

'1 year

'

'

'

Annual minimum rent per digital projection system, from effective date of agreement through the end of the lease term

'

'

'

'

'

'

'

'

'

'

'

'

1,000

'

'

'

Incremental annual minimum rent per digital projection system beginning six and half years from agreement effective date, upon certain conditions

'

'

'

'

'

'

'

'

'

'

'

'

2,000

'

'

'

Annual minimum rent, initial period

'

'

'

'

'

'

'

'

'

'

'

'

'6 years 6 months

'

'

'

Leased digital projection systems, total rent

'

'

'

'

'

'

'

'

'

'

'

'

0.4

0.8

'

'

Ownership percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

32.00%

4.00%

Other operating revenues, other revenue from National CineMedia

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Theatre access fees - patrons

'

'

'

'

'

'

'

'

0.2

0.3

0.7

0.9

'

'

'

'

Theatre access fees - digital screens

'

'

'

'

'

'

'

'

0.1

0.2

0.3

0.3

'

'

'

'

Other NCM revenue

'

'

'

'

'

'

'

'

0.1

0

0.2

0.2

'

'

'

'

Amortization of ESA modification fees

'

'

'

'

'

'

'

'

0.1

0.1

0.4

0.3

'

'

'

'

Payments for beverage concessionaire advertising

'

'

'

'

'

'

'

'

-0.2

-0.3

-0.6

-0.8

'

'

'

'

Total

'

'

'

'

'

'

'

'

$0.30

$0.30

$1

$0.90

'

'

'

'

SaleLeaseback_Transactions_Det

Sale-Leaseback Transactions (Details) (USD $)	1 Months Ended
In Millions, unless otherwise specified	Dec. 31, 1995	Sep. 25, 2014
	property	property
Sale Leaseback Transactions	'	'
Number of owned properties sold to and leased back from an unaffiliated third party	31	'
Number of theatres subject to the sale leaseback transaction	'	11
Outstanding principal amount of pass-through certificates	'	$7.70

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 25, 2014	Sep. 26, 2013	Sep. 25, 2014	Sep. 26, 2013	Dec. 26, 2013
Income Tax Disclosure [Abstract]	'	'	'	'	'
Provision for income taxes	$2.80	$2.40	$5.30	$4.60	'
Effective tax rates (as a percent)	38.90%	38.70%	39.60%	39.30%	'
Valuation allowance against deferred tax assets	$2.40	'	$2.40	'	$2.40

Litigation_and_Contingencies_D

Litigation and Contingencies (Details) (USD $)	Sep. 25, 2014	Jul. 10, 2014	Jul. 10, 2014	Jul. 10, 2014
In Millions, unless otherwise specified		State and Local Jurisdiction	State and Local Jurisdiction	State and Local Jurisdiction
			Other Operating Expenses	Interest Expense, Net
Loss Contingencies [Line Items]	'	'	'	'
Proceeds from income tax refunds	'	$5.10	$4.90	$0.20
Maximum amount of payments and benefits payable and possible loss	$2.80	'	'	'