v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Total revenues $ 1,300.2 $ 1,348.8 $ 3,560.6 $ 3,330.8
Operating costs and expenses        
Operating expense, excluding depreciation and amortization below 464.7 454.6 1,316.3 1,237.9
Rent 224.1 216.4 664.8 659.3
General and administrative:        
Merger, acquisition and other costs 0.1 0.1 3.2 0.1
Other, excluding depreciation and amortization below 55.1 54.0 169.3 160.7
Depreciation and amortization 79.4 80.8 233.3 241.2
Operating costs and expenses 1,264.4 1,277.0 3,578.1 3,414.8
Operating income (loss) 35.8 71.8 (17.5) (84.0)
Other expense, net:        
Other expense (income) 194.8 (22.8) 103.9 (173.8)
Interest expense:        
Corporate borrowings 119.0 109.6 337.6 289.8
Finance lease obligations 1.7 1.0 4.3 2.5
Non-cash NCM exhibitor services agreement 18.6 9.0 46.1 27.5
Investment income (1.3) (3.2) (8.4) (14.4)
Total other expense, net 332.8 93.6 483.5 131.6
Loss before income taxes (297.0) (21.8) (501.0) (215.6)
Income tax provision (benefit) 1.2 (1.1) 4.0 1.4
Net loss $ (298.2) $ (20.7) $ (505.0) $ (217.0)
Net loss per share:        
Basic (in dollars per share) $ (0.58) $ (0.06) $ (1.1) $ (0.69)
Diluted (in dollars per share) $ (0.58) $ (0.06) $ (1.1) $ (0.69)
Weighted average shares outstanding:        
Basic (Shares in thousands) 513,010 361,853 459,375 315,783
Diluted (Shares in thousands) 513,010 361,853 459,375 315,783
Admissions        
Revenues        
Total revenues $ 715.1 $ 744.2 $ 1,951.2 $ 1,839.1
Operating costs and expenses        
Operating costs and expenses 352.4 381.4 949.3 893.0
Food and beverage        
Revenues        
Total revenues 451.8 490.4 1,234.8 1,178.7
Operating costs and expenses        
Operating costs and expenses 88.6 89.7 241.9 222.6
Other theatre        
Revenues        
Total revenues $ 133.3 $ 114.2 $ 374.6 $ 313.0

Source

10-Q PDF
XBRL