v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues        
Total revenues $ 1,711.1 $ 1,300.2 $ 4,353.2 $ 3,560.6
Operating costs and expenses        
Operating expense, excluding depreciation and amortization below 501.6 464.7 1,367.3 1,316.3
Rent 221.2 224.1 669.1 664.8
General and administrative:        
Merger, acquisition and other costs 0.3 0.1 1.7 3.2
Other, excluding depreciation and amortization below 79.9 55.1 192.8 169.3
Depreciation and amortization 75.8 79.4 227.6 233.3
Operating costs and expenses 1,462.4 1,264.4 3,912.1 3,578.1
Operating income (loss) 248.7 35.8 441.1 (17.5)
Other expense, net:        
Other expense 2.9 194.8 60.1 103.9
Interest expense:        
Corporate borrowings 110.3 119.0 346.1 337.6
Finance lease obligations 1.4 1.7 4.6 4.3
Non-cash NCM exhibitor services agreement 18.3 18.6 55.2 46.1
Investment income (3.0) (1.3) (20.8) (8.4)
Total other expense, net 129.9 332.8 445.2 483.5
Earnings (loss) before income taxes 118.8 (297.0) (4.1) (501.0)
Income tax provision 9.5 1.2 15.1 4.0
Net earnings (loss) $ 109.3 $ (298.2) $ (19.2) $ (505.0)
Net earnings (loss) per share:        
Basic (in dollars per share) $ 0.12 $ (0.58) $ (0.03) $ (1.1)
Diluted (in dollars per share) $ 0.12 $ (0.58) $ (0.03) $ (1.1)
Weighted average shares outstanding:        
Basic (Shares in thousands) 893,620 513,010 719,730 459,375
Diluted (Shares in thousands) 896,634 513,010 719,730 459,375
Admissions        
Revenues        
Total revenues $ 953.5 $ 715.1 $ 2,395.0 $ 1,951.2
Operating costs and expenses        
Operating costs and expenses 476.5 352.4 1,172.4 949.3
Food and beverage        
Revenues        
Total revenues 589.4 451.8 1,512.8 1,234.8
Operating costs and expenses        
Operating costs and expenses 107.1 88.6 281.2 241.9
Other theatre        
Revenues        
Total revenues $ 168.2 $ 133.3 $ 445.4 $ 374.6