The following table presents computations of basic and diluted earnings per share for Holdings:


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2026			2025			2026			2025
Numerator:
Net income attributable to Cinemark Holdings, Inc.	$	122.8		$	49.5		$	255.8		$	104.1
Income allocated to participating share-based awards (1)		(1.2	)		(0.6	)		(2.2	)		(1.3	)
Basic net income attributable to common stockholders	$	121.6		$	48.9		$	253.6		$	102.8
Add: Interest expense on convertible notes, net of tax		—			—			—			4.6
Add: Loss on warrants (2)		—			—			—			—
Diluted net income attributable to common stockholders	$	121.6		$	48.9		$	253.6		$	107.4

Denominator:
Basic weighted average shares outstanding		114.7			113.8			114.9			115.5
Common equivalent shares for performance stock units		1.6			2.1			1.7			2.2
Common equivalent shares for restricted stock units		0.1			0.1			0.1			0.1
Common equivalent shares for convertible notes (3)		—			7.8			—			21.6
Common equivalent shares for warrants (2)		—			—			—			—
Diluted weighted average shares outstanding		116.4			123.8			116.7			139.4

Basic earnings per share attributable to common stockholders	$	1.06		$	0.43		$	2.20		$	0.88
Diluted earnings per share attributable to common stockholders	$	1.04		$	0.40		$	2.17		$	0.77

(1)

For the three months ended September 30, 2026 and 2025, a weighted average of approximately 1.16 shares and 1.50 shares of restricted stock, respectively, were considered participating securities. For the nine months ended September 30, 2026 and 2025, a weighted average of approximately 1.02 shares and 1.37 shares of restricted stock, respectively, were considered participating securities.

(2)

For the three and nine months ended September 30, 2025, diluted earnings per share excludes the warrants, as they would be anti-dilutive when adjusting the basic net income attributable to common shareholders for the loss on warrants recorded during each respective period. The warrants were settled in the third and fourth quarters of 2025.

(3)

The 4.50% Convertible Notes matured August 15, 2025.

Holdings considers its unvested restricted stock awards, which contain non-forfeitable rights to dividends, participating securities and includes such participating securities in its computation of earnings per share pursuant to the two-class method. Basic earnings per share for the two classes of stock (common stock and unvested restricted stock) is calculated by dividing net income by the weighted average number of shares of common stock and unvested restricted stock outstanding during the reporting period. Diluted earnings per share is calculated using the weighted average number of shares of common stock plus the potentially dilutive effect of common equivalent shares outstanding determined under the more dilutive of the two-class method and the treasury stock method.