v3.26.1
SEGMENT REPORTING - Reconciliation (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
May 11, 2026
Apr. 17, 2026
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
SEGMENT REPORTING                
Net loss     $ (11.4) $ (117.1) $ (4.7) $ (202.1) $ (128.5) $ (206.8)
Income tax provision (benefit)     3.4   1.2   5.6 2.8
Interest expense     136.0   129.6   275.9 248.7
Depreciation and amortization     76.1   77.8   151.8 153.9
Certain operating expense     2.3   2.6   2.0 5.4
Equity in earnings of non-consolidated entities     (4.0)   (2.1)   (6.7) (2.9)
Attributable EBITDA     0.6   0.1   0.8 0.5
Investment expense (income)     0.5   (1.4)   (17.8) (7.1)
Other expense (income)     114.3   (19.7)   64.6 (77.5)
Merger, acquisition and other costs     (0.3)   (0.1)   (1.4) (3.1)
Stock-based compensation expense     (3.3)   (6.0)   (10.6) (11.7)
Adjusted EBITDA     321.4   189.5   359.7 131.8
Interest income     (1.0)   (1.7)   (1.3) (4.6)
Loss (gains) on investment             (16.5) (2.5)
Bifurcated embedded derivative, increase (decrease) to Net Earnings (Loss)             (8.4) (41.2)
(Gain)/Loss on extinguishment of debt             63.1  
Net periodic pension cost     0.5   0.3   1.0 0.6
Foreign currency transaction losses (gains)     (0.4)   (23.9)   8.6 (36.9)
Debt modifications - third party fees             0.3  
New exchangeable notes                
SEGMENT REPORTING                
Bifurcated embedded derivative, increase (decrease) to Net Earnings (Loss)     41.3       (11.1)  
(Gain)/Loss on extinguishment of debt $ 33.0   33.0       33.0  
Odeon Senior Secured Notes 2027                
SEGMENT REPORTING                
(Gain)/Loss on extinguishment of debt   $ 30.1 30.1       30.1  
Exchangeable Notes                
SEGMENT REPORTING                
Bifurcated embedded derivative, increase (decrease) to Net Earnings (Loss)     9.8   3.9   2.7 (41.2)
Hycroft                
SEGMENT REPORTING                
Loss (gains) on investment     1.5   0.3   (16.5) (2.5)
Attributable EBITDA                
SEGMENT REPORTING                
Income tax provision (benefit)         (0.1)     (0.1)
Interest expense         0.1     0.1
Depreciation and amortization     0.2   0.2   0.4 0.6
Equity in earnings of non-consolidated entities     (4.0)   (2.1)   (6.7) (2.9)
Attributable EBITDA     0.6   0.1   0.8 0.5
Investment expense (income)     (0.1)       (0.1)  
Equity in (earnings) of non-consolidated entities excluding International theatre joint ventures     (3.5)   (2.2)   (6.2) (3.0)
Equity in earnings (loss) of International theatre joint ventures     0.5   (0.1)   0.5 (0.1)
AC JV                
SEGMENT REPORTING                
Equity in earnings of non-consolidated entities     $ (3.3)   $ (1.8)   $ (5.7) $ (2.6)