v3.26.3
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of computations of basic and diluted earnings per share

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.