v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total revenues $ 1,045.4 $ 862.5
Operating costs and expenses    
Operating expense, excluding depreciation and amortization below 407.3 393.2
Rent 224.1 218.1
General and administrative:    
Merger, acquisition and other costs 1.1 3.0
Other, excluding depreciation and amortization below 60.9 56.0
Depreciation and amortization 75.7 76.1
Operating costs and expenses 1,091.1 1,008.4
Operating loss (45.7) (145.9)
Other expense, net:    
Other income (52.4) (58.8)
Interest expense:    
Corporate borrowings 119.9 109.0
Finance lease obligations 1.5 1.2
Non-cash NCM exhibitor services agreement 18.5 8.9
Investment income (18.3) (5.7)
Total other expense, net 69.2 54.6
Loss before income taxes (114.9) (200.5)
Income tax provision 2.2 1.6
Net loss $ (117.1) $ (202.1)
Net loss per share:    
Basic (in dollars per share) $ (0.22) $ (0.47)
Diluted (in dollars per share) $ (0.22) $ (0.47)
Weighted average shares outstanding:    
Basic (Shares in thousands) 539,664 430,973
Diluted (Shares in thousands) 539,664 430,973
Admissions    
Revenues    
Total revenues $ 578.4 $ 473.5
Operating costs and expenses    
Operating costs and expenses 255.6 204.8
Food and beverage    
Revenues    
Total revenues 347.3 283.4
Operating costs and expenses    
Operating costs and expenses 66.4 57.2
Other theatre    
Revenues    
Total revenues $ 119.7 $ 105.6