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1168455_18_item7_p45_s2
1168455_17_item7_p130_s2
Time deposits declined by $2.7 million, much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
We attribute much of this decline to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
2
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[]
[ "decline" ]
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1168455_18_item7_p54_s3
1168455_17_item7_p130_s2
Time deposits declined by $2.7 million, much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
We attribute much of this decline to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
2
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[]
[ "decline" ]
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1168455_18_item7_p83_s1
1168455_17_item7_p130_s3
The Company continues to manage the mix of its deposits consistent with its identity as a community bank serving the financial needs of its customers.
The Company continues to manage the mix of its loan portfolio consistent with its identity as a community bank serving the financing needs of all sectors of the area it serves.
2
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[]
[ "loan", "portfolio", "financing", "sectors", "area", "serves" ]
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1168455_18_item7_p138_s0
1168455_17_item7_p134_s0
The Company s ti me deposits of $100,000 or more had the following schedule of maturities at December 31, 2016 (dollars in thousands) :
The Company s time deposits of $100,000 or more had the following schedule of maturities at December 31, 2017 (dollars in thousands):
2
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[]
[ "time", "):" ]
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1168455_18_item7_p142_s1
1168455_17_item7_p140_s0
The maximum amount outstanding at any one time on this note and the term loan described below cannot exceed $5 million.
The maximum amount outstanding at any one time on the Note cannot exceed $5 million.
2
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[ "The", "maximum", "amount", "outstanding", "at", "any", "one", "time", "on", "the", "Note", "can", "not", "exceed", "$", "5", "million", "." ]
[]
[ "Note" ]
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1168455_18_item7_p141_s0
1168455_17_item7_p141_s0
Concurrently, with entering into the second modification of the note on October 1, 2015, the Company entered into a $5.0 million term loan (the Term Loan ), which matures on October 1, 2018.
On October 1, 2015, the Company entered into a $5.0 million term loan (the Term Loan ), which was scheduled to mature on October 1, 2018.
2
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[]
[ "scheduled", "mature" ]
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1168455_18_item7_p142_s3
1168455_17_item7_p141_s2
Both the Term Loan and the Note bear interest at a rate of the U.S. Prime Rate plus one-half percent per annum and are secured by 100 shares of Plumas Bank stock representing the Company s 100% ownership interest in Plumas Bank.
The Note bears interest at a rate of the U.S. Prime Rate plus one-quarter percent per annum and is secured by 100 shares of Plumas Bank stock representing the Company s 100% ownership interest in Plumas Bank.
2
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1168455_18_item7_p147_s3
1168455_17_item7_p148_s2
The interest rate of the Trust Preferred Securities issued by Trust I adjust on each quarterly anniversary date to equal the 3-month LIBOR plus 3.40%.
The Trust Preferred Securities issued by Trust II adjust on each quarterly anniversary date to equal the 3-month LIBOR plus 1.48%.
2
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[]
[ "II", "1.48" ]
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1168455_18_item7_p147_s2
1168455_17_item7_p148_s3
The Trust Preferred Securities issued by Trust II adjust on each quarterly anniversary date to equal the 3-month LIBOR plus 1.48%.
The interest rate of the Trust Preferred Securities issued by Trust I adjust on each quarterly anniversary date to equal the 3-month LIBOR plus 3.40%.
2
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[]
[ "interest", "rate", "3.40" ]
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1168455_18_item7_p16_s1
1168455_17_item7_p14_s1
This increase in net interest income resulted from an increase in interest income of $2.5 million and a decrease in interest expense of $181 thousand.
This increase in net interest income resulted from an increase in interest income of $3.8 million and a decrease in interest expense of $6 thousand.
2
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[]
[ "3.8" ]
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1168455_18_item7_p50_s0
1168455_17_item7_p14_s2
Interest on loans increased by $2.2 million , interest on investment securities increased by $204 thousand and interest on other interest earning assets increased by $100 thousand.
Interest and fees on loans increased by $2.2 million, inter est on investment securities increased by $204 thousand and interest on deposits increased by $100 thousand.
2
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1168455_18_item7_p150_s1
1168455_17_item7_p151_s1
Such dividends help promote shareholder value and capital adequacy by enhanc ing the marketability of the Company s stock.
Such divi dends help promote shareholder value and capital adequacy by enhancing the marketability of the Company s stock.
2
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1168455_18_item7_p45_s2
1168455_17_item7_p19_s2
Time deposits declined by $2.7 million, much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
We attribute much of this decline to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
2
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1168455_18_item7_p54_s3
1168455_17_item7_p19_s2
Time deposits declined by $2.7 million, much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
We attribute much of this decline to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
2
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1168455_18_item7_p34_s0
1168455_17_item7_p29_s0
(1) The volume change in net interest income represents the change in average balance multiplied by the previous year s rate.
The rate change in net interest income represents the change in rate multiplied by the previous year s average balance.
2
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1168455_18_item7_p35_s0
1168455_17_item7_p29_s0
(1) The volume change in net interest income represents the change in average balance multiplied by the previous year s rate.
The mix change in net interest income represents the change in average balance multiplied by the change in rate.
2
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1168455_18_item7_p33_s0
1168455_17_item7_p30_s0
(2) The rate change in net interest income represents the change in rate multiplied by the previous year s average balance.
The volume change in net interest income represents the change in average balance multiplied by the previous year s rate.
2
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1168455_18_item7_p33_s0
1168455_17_item7_p31_s0
(3) The mix change in net interest income represents the change in average balance multiplied by the change in rate.
The volume change in net interest income represents the change in average balance multiplied by the previous year s rate.
2
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1168455_18_item7_p54_s0
1168455_17_item7_p39_s0
Interest expense on dep osits increased by $19 thousand to $537 thousand for the twelve months ended December 31, 2016, up from $518 thousand in 2015.
Interest expense on deposits increased by $19 thousand to $537 t housand for the twelve months ended December 31, 2016, up from $518 thousand in 2015.
2
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1168455_18_item7_p134_s3
1168455_17_item7_p39_s3
We attribute much of this decline to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
Time deposits declined by $3.6 million, much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
2
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1168455_18_item7_p21_s3
1168455_17_item7_p39_s3
We attribute much of this decline to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
Time deposits declined by $3.6 million, much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
2
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[]
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1168455_18_item7_p3_s0
1168455_17_item7_p3_s0
Our most complex accounting po licies require management s judgment to ascertain the valuation of assets, liabilities, commitments and contingencies.
Our most complex accounting p olicies require management s judgment to ascertain the valuation of assets, liabilities, commitments and contingencies.
2
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1168455_18_item7_p44_s1
1168455_17_item7_p40_s0
Interest expense on NOW accounts increased by $5 thousand.
Interest expense on NOW accounts increased by $4 thousand.
2
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[ "Interest", "expense", "on", "NOW", "accounts", "increased", "by", "$", "4", "thousand", "." ]
[]
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1168455_18_item7_p55_s1
1168455_17_item7_p40_s4
Rates paid on money market accounts averaged 0.14% during 2016 and 2015.
Rates paid on NOW accounts averaged 0.09% during 2016 and 2015.
2
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[]
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1168455_18_item7_p44_s7
1168455_17_item7_p40_s6
Interest expense on savings accounts increased by $26 thousand as we continued to experience strong growth in this category of deposits.
Interest expense on savings accounts increased by $47 thousand as we continued to experience strong growth in this category of deposits.
2
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[]
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1168455_18_item7_p58_s0
1168455_17_item7_p43_s0
Interest e xpense on the Company s note payable (see Financial Condition Note Payable ) decreased by $22 thousand to $133 thousand during the twelve months ended December 31, 2016.
Interest expense on the Company s note payable decreased by $22 thousand to $133 thousand during the twelve months ended December 31, 2016.
2
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1168455_18_item7_p48_s1
1168455_17_item7_p45_s1
As a result of the changes noted above, the net interest margin for 201 6 increased to 4.21%, from 4.10% during 2015 .
As a result of the changes noted above, the net interest margin for 2017 increased to 4.35%, from 4.21% during 2016 .
2
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[]
[ "4.35" ]
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1168455_18_item7_p60_s0
1168455_17_item7_p45_s1
As a result of the changes noted above, the net interest margin for 201 6 increased to 4.21%, from 4.10% during 2015 .
As a result of the changes noted above, the net interest margin for 2016 increased to 4.21%, from 4. 10% during 2015.
2
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[]
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1168455_18_item7_p134_s3
1168455_17_item7_p52_s3
We attribute much of this decline to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
Time deposits declined by $3.6 million, much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
2
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[]
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1168455_18_item7_p21_s3
1168455_17_item7_p52_s3
We attribute much of this decline to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
Time deposits declined by $3.6 million, much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits.
2
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[]
[ "Time", "declined", "3.6", "million" ]
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1168455_18_item7_p55_s0
1168455_17_item7_p53_s0
Interest expense on NOW accounts increased by $4 thousand.
Interest expense on NOW accounts increased by $5 thousand.
2
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[ "Interest", "expense", "on", "NOW", "accounts", "increased", "by", "$", "4", "thousand", "." ]
[ "Interest", "expense", "on", "NOW", "accounts", "increased", "by", "$", "5", "thousand", "." ]
[]
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1168455_18_item7_p44_s7
1168455_17_item7_p53_s4
Interest expense on savings accounts increased by $28 thousand as we continued to experience strong growth in this category of deposits.
Interest expense on savings accounts increased by $47 thousand as we continued to experience strong growth in this category of deposits.
2
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[]
[]
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1168455_18_item7_p46_s1
1168455_17_item7_p55_s0
Interest expense on the Company s note payable increased by $44 thousand to $155 thousand during the twelve months ended December 31, 2015.
Interest expense on the Company s note payable decreased by $105 thousand to $28 thousand during the twelve months ended December 31, 2017.
2
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[]
[ "decreased" ]
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1168455_18_item7_p58_s0
1168455_17_item7_p55_s0
Interest expense on the Company s note payable increased by $44 thousand to $155 thousand during the twelve months ended December 31, 2015.
Interest expense on the Company s note payable decreased by $22 thousand to $133 thousand during the twelve months ended December 31, 2016.
2
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[ "Interest", "expense", "on", "the", "Company", "s", "note", "payable", "decreased", "by", "$", "22", "thousand", "to", "$", "133", "thousand", "during", "the", "twelve", "months", "ended", "December", "31", ",", "2016", "." ]
[]
[ "decreased" ]
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1168455_18_item7_p66_s0
1168455_17_item7_p63_s0
The following table sets forth the components of non-interest income for the years ended December 31, 2016, 2015 and 2014 .
The following table sets forth the co mponents of non-interest income for the years ended December 31, 2017, 2016 and 2015 .
2
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[ "co", "mponents" ]
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1168455_18_item7_p69_s4
1168455_17_item7_p66_s0
Loan servicing income represents servicing income received on the guaranteed portion of small business administration ( SBA ) loans sold into the secondary market.
Loan servicing income, which increased by $89 thousand, represents servicing income received on the guaranteed portion of SBA loans sold into the secondary market.
2
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[ "Loan", "servicing", "income", ",", "which", "increased", "by", "$", "89", "thousand", ",", "represents", "servicing", "income", "received", "on", "the", "guaranteed", "portion", "of", "SBA", "loans", "sold", "into", "the", "secondary", "market", "." ]
[]
[ "increased", "89", "thousand" ]
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1168455_18_item7_p69_s4
1168455_17_item7_p68_s0
Loan servicing income, which increased by $60 thousand, represents servicing income received on the guaranteed portion of loans sold into the secondary market.
Loan servicing income, which increased by $89 thousand, represents servicing income received on the guaranteed portion of SBA loans sold into the secondary market.
2
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[]
[ "SBA" ]
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1168455_18_item7_p78_s3
1168455_17_item7_p79_s2
The percentages for 2016 and 2015 differ from the statutory rate as tax exempt income such as earnings on Bank owned life insurance and interest on qualified municipal securities.
In addition to the $1.4 million adjustment, the percentages for 2017 and 2016 differ from the statutory rate as tax exempt income such as earnings on Bank owned life insurance and interest on qualified municipal securities.
2
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[ "addition", "1.4", "million", "adjustment" ]
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1168455_18_item7_p7_s0
1168455_17_item7_p7_s0
We eval uate our allowance for loan losses quarterly.
We eva luate our allowance for loan losses quarterly.
2
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[ "We", "eva", "luate", "our", "allowance", "for", "loan", "losses", "quarterly", "." ]
[]
[ "eva", "luate" ]
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1168455_18_item7_p134_s4
1168455_17_item7_p82_s7
The Company continues to manage the mix of its loan portfolio consistent with its identity as a community bank serving the financing needs of all sectors of the area it serves.
The Company continues to manage the mix of its deposits consistent with its identity as a community bank serving the financial needs of its customers.
2
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[]
[ "deposits", "financial", "customers" ]
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1168455_18_item7_p84_s0
1168455_17_item7_p83_s0
As shown in the follow ing table the Company s largest lending categories are commercial real estate loans, auto loans, equity lines of credit, agricultural loans and commercial loans.
As shown in the following table the Company s largest lending categories are commercial real estate loans, auto loans, equity lines of credit, agricultural loans and commercial loans.
2
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1168455_18_item7_p98_s1
1168455_17_item7_p97_s1
The MARC meets at least quarterly and reports to the Board of Directors.
The MARC meets monthly and reports to the Board of Directors.
2
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[]
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1168696_12_item7_p10_s0
1168696_11_item7_p10_s0
to the consolidated financial statements included in Part II, Item 8 of this Form 10-K. Estimates and assumptions are based on historical and other factors believed to be reasonable under the circumstances.
assumptions are based on historical and other factors believed to be reasonable under the circumstances.
2
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1168696_13_item7_p8_s0
1168696_12_item7_p12_s1
Under current purchase accounting principles, we are required to use the acquisition method of accounting to estimate the fair value of all assets and liabilities, including: (i) the acquired tangible and intangible assets, including property and equipment, (ii) the liabilities assumed at the date of acquisition (inclu...
value of all assets and liabilities, including: (i) the acquired tangible and intangible assets, including property and equipment, (ii) the liabilities assumed at the date of acquisition (including contingencies), and (iii) the related deferred tax assets and liabilities.
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1168696_13_item7_p0_s0
1168696_12_item7_p1_s0
We conduct our operations through our wholly owned subsidiaries.
Overview and Basis of Presentation We conduct our operations through our wholly owned subsidiaries.
2
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1168696_14_item7_p14_s0
1168696_13_item7_p17_s0
cash flows of the operations to which the assets relate do not exceed the carrying value of the assets, such assets are written down to fair value.
When the estimated future undiscounted cash flows of the operations to which the assets relate do not exceed the carrying value of the assets, such assets are written down to fair value.
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1168696_14_item7_p17_s7
1168696_13_item7_p20_s6
An increase in the valuation allowance generally results in an increase in the provision for income taxes recorded in such period.
A decrease in the valuation allowance generally results in a decrease to the provision for income taxes recorded in such period.
2
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1168696_14_item7_p17_s6
1168696_13_item7_p20_s7
A decrease in the valuation allowance generally results in a decrease to the provision for income taxes recorded in such period.
An increase in the valuation allowance generally results in an increase in the provision for income taxes recorded in such period.
2
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1168696_14_item7_p27_s0
1168696_13_item7_p27_s0
We continued to embrace innovative concepts to deliver a premium movie-going experience for our customers on three complementary fronts: We believe the installation of premium screens allows us to offer our patrons all-digital large format experiences that generate incremental revenue and cash flows for the Company.
We continued to embrace innovative concepts that generate incremental revenue and cash flows for the Company and deliver a premium movie-going experience for our customers on three complementary fronts:
2
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[]
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1168696_14_item7_p28_s0
1168696_13_item7_p27_s0
We continued to embrace innovative concepts to deliver a premium movie-going experience for our customers on three complementary fronts: We believe the installation of premium screens allows us to offer our patrons all-digital large format experiences that generate incremental revenue and cash flows for the Company.
First, we believe the installation of premium screens allows us to offer our patrons all-digital large format experiences that generate incremental revenue and cash flows for the Company.
2
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1168696_14_item7_p31_s0
1168696_13_item7_p28_s9
In addition, during the Fiscal 2012 Period, we launched a new mobile application designed to give customers quick access to box office information via their Apple iPhone or Android phone.
During 2012, we launched a mobile ticketing application designed to give customers quick access to box office information via their Apple iPhone or Android phone.
2
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[]
[ "ticketing" ]
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1168696_14_item7_p34_s2
1168696_13_item7_p33_s2
Overall for the fiscal 2013 year, we expect to benefit from modest increases in ticket prices and average concessions per patron.
Overall for the fiscal 2014 year, we expect to benefit from the impact of a 53-week fiscal year and modest increases in ticket prices and average concessions per patron.
2
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[ "impact", "53", "week" ]
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1168696_14_item7_p34_s5
1168696_13_item7_p33_s5
For an understanding of the significant factors that influenced our performance during the past three fiscal years, the preceding and following discussion should be read in conjunction with the consolidated financial statements and the notes thereto presented in Part II, Item 8 of this Form 10-K.
For an understanding of the significant factors that influenced our performance during the past three fiscal years, the preceding and following discussion should be read in conjunction with the consolidated financial statements and the notes thereto presented in Part II, Item 8 of this Form 10-K. Recent Developments On...
2
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1168696_14_item7_p67_s6
1168696_13_item7_p35_s4
See Note 14 to the consolidated financial statements included in Part II, Item 8 of this Form 10-K for further discussion of this transaction.
See Note 4 to the consolidated financial statements included in Part II, Item 8 of this Form 10-K for further discussion of National CineMedia and related transactions and AC JV.
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1168696_14_item7_p38_s2
1168696_13_item7_p37_s1
(2) Percentage of revenues calculated as a percentage of concessions revenues.
(3) Percentage of revenues calculated as a percentage of total revenues.
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(3) Percentage of revenues calculated as a percentage of total revenues.
(2) Percentage of revenues calculated as a percentage of concessions revenues.
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1168696_14_item7_p47_s9
1168696_13_item7_p39_s9
The increase in other operating revenues during the Fiscal 2012 Period was primarily driven by increases in revenues from our vendor marketing programs, increases in other theatre revenues and increases in theatre access fees, partially offset by a decline in revenue related to our gift card and discount ticket program...
The increase in other operating revenues during the Fiscal 2012 Period was primarily driven by increases in revenues from our vendor marketing programs (approximately $11.2 million), increases in other theatre revenues (approximately $7.2 million), increases in theatre access fees (approximately $2.3 million), and an i...
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1168696_14_item7_p49_s0
1168696_13_item7_p40_s6
The increase in rent expense during the Fiscal 2012 Period was primarily related to incremental rent associated with the opening of eight new theatres with 107 screens subsequent to the end of the Fiscal 2011 Period, higher contingent rent associated with increased admissions and concessions revenues during the Fiscal ...
extent, incremental rent associated with the Fiscal 2012 Period acquisition of Great Escape Theatres, partially offset by a reduction in rent associated with the closure of 20 theatres with 142 screens subsequent to the end of the Fiscal 2011 Period.
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1168696_14_item7_p77_s2
1168696_13_item7_p42_s4
The increase in net income attributable to controlling interest for the Fiscal 2012 Period was primarily attributable to an increase in operating income as described above, the impact of the Fiscal 2011 Period loss on debt extinguishment associated with the Amended Senior Credit Facility, incremental income from certai...
The increase in EBITDA in the Fiscal 2012 Period from the Fiscal 2011 Period was primarily attributable to an increase in operating income as described above, the impact of the Fiscal 2011 Period loss on debt extinguishment associated with the Amended Senior Credit Facility, incremental income from certain of the Compa...
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1168696_14_item7_p41_s0
1168696_13_item7_p45_s8
Film Rental and Advertising Costs Film rental and advertising costs as a percentage of admissions revenues decreased to 51.8% during the Fiscal 2011 Period from 52.5% in the Fiscal 2010 Period.
Film Rental and Advertising Costs Film rental and advertising costs as a percentage of admissions revenues increased to 52.3% during the Fiscal 2013 Period from 52.0% in the Fiscal 2012 Period.
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1168696_14_item7_p48_s1
1168696_13_item7_p45_s9
The decrease in film rental and advertising costs as a percentage of box office revenues during the Fiscal 2011 Period was primarily attributable to higher film costs associated with the success of Avatar during the Fiscal 2010 Period.
The increase in film rental and advertising costs as a percentage of box office revenues during the Fiscal 2012 Period was primarily attributable to higher film costs associated with the success of the top tier films exhibited during the Fiscal 2012 Period.
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1168696_14_item7_p51_s1
1168696_13_item7_p48_s0
Quarterly Results The Company's consolidated financial statements for the Fiscal 2012 Period include the results of operations of Great Escape Theatres, consisting of 25 theatres and 301 screens, for the period subsequent to the acquisition date of November 29, 2012.
Quarterly Results The Company's consolidated financial statements for the Fiscal 2013 Period include the results of operations of Hollywood Theaters, consisting of 43 theatres and 513 screens, for the period subsequent to the acquisition date of March 29, 2013.
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1168696_13_item7_p52_s1
See Note 2 to the consolidated financial statements included in Part II, Item 8 of this Form 10-K for further information related to our impairment policies.
See "Immaterial Correction of an Error in Prior Periods" under Note 2 to the consolidated financial statements included in Part II, Item 8 of this Form 10-K for further information.
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1168696_14_item7_p55_s6
1168696_13_item7_p52_s1
See Note 2 to the consolidated financial statements included in Part II, Item 8 of this Form 10-K for further information related to our impairment policies.
See "Immaterial Correction of an Error in Prior Periods" under Note 2 to the consolidated financial statements included in Part II, Item 8 of this Form 10-K for further information.
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1168696_14_item7_p56_s1
1168696_13_item7_p53_s1
The principal sources of liquidity are cash generated from operations, cash on hand and borrowings under the Amended Senior Credit Facility described below.
The principal sources of liquidity are cash generated from operations, cash on hand and borrowings under the Credit Agreement described below.
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1168696_14_item7_p60_s4
1168696_13_item7_p58_s4
The decrease in income taxes payable activity during the Fiscal 2012 Period as compared to the Fiscal 2011 Period was primarily associated with the timing of our estimated federal and state income tax payments during such periods.
The change in income taxes payable activity during the Fiscal 2013 Period as compared to the Fiscal 2012 Period was primarily associated with the timing of our estimated federal and state income tax payments during such periods.
2
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1168696_14_item7_p60_s5
1168696_13_item7_p58_s5
The $93.7 million increase in net cash flows generated by operating activities for the Fiscal 2011 Period as compared to the Fiscal 2010 Period increase was caused by a $62.1 million increase in net income excluding non-cash items coupled with a positive fluctuation in working capital activity of approximately $31.6 mi...
The $6.5 million decrease in net cash flows generated by operating activities for the Fiscal 2012 Period as compared to the Fiscal 2011 Period increase was caused by negative fluctuation in working capital activity of approximately $52.4 million, partially offset by a $45.9 million increase in net income excluding non-...
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1168696_14_item7_p68_s1
1168696_13_item7_p65_s3
The $82.3 million increase in cash flows used in investing activities during the Fiscal 2012 Period, as compared to the Fiscal 2011 Period, was primarily attributable to the impact of the $89.7 million acquisition of Great Escape Theatres during the Fiscal 2012 Period and a $16.7 million increase in capital expenditure...
The $75.3 million increase in cash flows used in investing activities during the Fiscal 2013 Period, as compared to the Fiscal 2012 Period, was primarily attributable to the impact of the $194.4 million acquisition of Hollywood Theaters during the Fiscal 2013 Period and a $21.4 million increase in capital expenditures ...
2
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1168696_14_item7_p84_s1
1168696_13_item7_p84_s0
The change in the fair value of the interest rate swap is recorded on the Company s consolidated balance sheet as an asset or liability with the effective portion of the interest rate swap s gains or losses reported as a component of other comprehensive income (loss) and the ineffective portion reported in earnings (in...
The interest rate swaps qualify for cash flow hedge accounting treatment and as such, the change in the fair value of the interest rate swaps are recorded on the Company s consolidated balance sheet as an asset or liability with the effective portion of the interest rate swaps gains or losses reported as a component of...
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1168696_14_item7_p84_s2
1168696_13_item7_p84_s1
As interest expense is accrued on the debt obligation, amounts in accumulated other comprehensive income (loss) related to the designated hedging instrument (the one effective interest rate swap) will be reclassified into earnings to obtain a net cost on the debt obligation equal to the effective yield of the fixed rat...
As interest expense is accrued on the debt obligation, amounts in accumulated other comprehensive income (loss) related to the interest rate swaps will be reclassified into earnings to obtain a net cost on the debt obligation equal to the effective yield of the fixed rate of each swap.
2
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1168696_14_item7_p6_s1
1168696_13_item7_p8_s0
value of all assets and liabilities, including: (i) the acquired tangible and intangible assets, including property and equipment, (ii) the liabilities assumed at the date of acquisition (including contingencies), and (iii) the related deferred tax assets and liabilities.
Under current purchase accounting principles, we are required to use the acquisition method of accounting to estimate the fair value of all assets and liabilities, including: (i) the acquired tangible and intangible assets, including property and equipment, (ii) the liabilities assumed at the date of acquisition (inclu...
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1168696_14_item7_p86_s1
1168696_13_item7_p90_s0
Company does not utilize variable interest entities or any other form of off-balance sheet financing.
Other than the operating leases that are detailed below, the Company does not utilize variable interest entities or any other form of off-balance sheet financing.
2
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[]
[ "operating", "leases", "detailed" ]
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1168696_14_item7_p88_s0
1168696_13_item7_p92_s0
Our Amended Senior Credit Facility provides for mandatory prepayments under certain scenarios.
Our Credit Agreement provides for mandatory prepayments under certain scenarios.
2
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[]
[ "Agreement" ]
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1168696_15_item7_p19_s7
1168696_14_item7_p17_s6
An increase in the valuation allowance generally results in an increase in the provision for income taxes recorded in such period.
A decrease in the valuation allowance generally results in a decrease to the provision for income taxes recorded in such period.
2
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[]
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1168696_15_item7_p19_s6
1168696_14_item7_p17_s7
A decrease in the valuation allowance generally results in a decrease to the provision for income taxes recorded in such period.
An increase in the valuation allowance generally results in an increase in the provision for income taxes recorded in such period.
2
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[]
[ "increase", "increase" ]
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1168696_15_item7_p28_s2
1168696_14_item7_p28_s5
Based on promising initial results, we expect to offer luxury seating in approximately 20 to 25 locations by the end of fiscal 2014.
Based on promising initial results, we expect to offer luxury reclining seating in approximately 40 additional locations by the end of fiscal 2015.
2
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[]
[ "reclining", "40", "additional" ]
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1168696_15_item7_p28_s4
1168696_14_item7_p30_s0
To continually address consumer trends and customer preferences, we have focused on enlarging our menu of food and beverage products.
Second, to continually address consumer trends and customer preferences, we have focused on expanding our menu of food and alcoholic beverage products.
2
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[]
[ "Second", "expanding", "alcoholic" ]
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1168696_15_item7_p30_s0
1168696_14_item7_p33_s0
Open Road Films distributed seven films during 2013 which generated national box office revenues of approximately $148.0 million , and intends to distribute approximately six to eight films per year.
during 2014 which generated national box office revenues of approximately $161.3 million, and intends to distribute approximately six to eight films per year.
2
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[]
[ "161.3" ]
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1168696_15_item7_p30_s3
1168696_14_item7_p33_s3
We are optimistic regarding the breadth of the 2014 film slate, including the timing of the release schedule and the number of films scheduled for release in premium-priced formats.
We are optimistic regarding the breadth of the 2015 film slate, including the timing of the release schedule and the number of films scheduled for release.
2
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[]
[]
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1168696_15_item7_p31_s2
1168696_14_item7_p34_s2
Overall for the fiscal 2014 year, we expect to benefit from the impact of a 53-week fiscal year and modest increases in ticket prices and average concessions per patron.
Overall for the fiscal 2015 year, we expect to benefit from modest increases in ticket prices and average concessions per patron.
2
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[]
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1168696_15_item7_p31_s5
1168696_14_item7_p34_s5
For an understanding of the significant factors that influenced our performance during the past three fiscal years, the preceding and following discussion should be read in conjunction with the consolidated financial statements and the notes thereto presented in Part II, Item 8 of this Form 10-K. Recent Developments On...
For an understanding of the significant factors that influenced our performance during the past three fiscal years, the preceding and following discussion should be read in conjunction with the consolidated financial statements and the notes thereto presented in Part II, Item 8 of this Form 10-K. Recent Developments On...
2
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[]
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1168696_15_item7_p34_s2
1168696_14_item7_p38_s1
(2) Percentage of revenues calculated as a percentage of concessions revenues.
(3) Percentage of revenues calculated as a percentage of total revenues.
2
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[ "(", "2", ")", "Percentage", "of", "revenues", "calculated", "as", "a", "percentage", "of", "concessions", "revenues", "." ]
[ "(", "3", ")", "Percentage", "of", "revenues", "calculated", "as", "a", "percentage", "of", "total", "revenues", "." ]
[]
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1168696_15_item7_p34_s1
1168696_14_item7_p38_s2
(3) Percentage of revenues calculated as a percentage of total revenues.
(2) Percentage of revenues calculated as a percentage of concessions revenues.
2
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[ "(", "3", ")", "Percentage", "of", "revenues", "calculated", "as", "a", "percentage", "of", "total", "revenues", "." ]
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[]
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1168696_15_item7_p44_s2
1168696_14_item7_p40_s0
Theaters accounted for 16.3 million attendees, or 7.1% , of the Fiscal 2013 Period total attendance and contributed approximately $128.6 million , or 6.2% , of the Fiscal 2013 Period total admissions revenues.
The 814 screens from Great Escape Theatres and Hollywood Theaters accounted for 16.3 million attendees, or 7.1%, of the Fiscal 2013 Period total attendance and contributed approximately $128.6 million, or 6.2%, of the Fiscal 2013 Period total admissions revenues.
2
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[]
[ "814", "screens", "Great", "Escape", "Theatres", "Hollywood" ]
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1168696_15_item7_p45_s0
1168696_14_item7_p40_s5
Based on our review of certain industry sources, the increase in our admissions revenues on a comparable screen basis was in line with the industry s per screen results for the Fiscal 2013 Period as compared to the Fiscal 2012 Period Concessions Total concessions revenues increased $68.5 million , or 9.2% , to $816.9 m...
sources, the increase in our admissions revenues on a comparable screen basis was in line with the industry s per screen results for the Fiscal 2013 Period as compared to the Fiscal 2012 Period.
2
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[]
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1168696_15_item7_p41_s2
1168696_14_item7_p42_s11
The increase in income from operations during the Fiscal 2013 Period was primarily attributable to the increase in total revenues, partially offset by increases in certain variable operating expense line items described above.
The decrease in income from operations during the Fiscal 2014 Period was primarily attributable to the decline in total revenues, partially offset by decreases in certain variable operating expense line items described above.
2
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[]
[ "decrease", "decline", "decreases" ]
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1168696_15_item7_p42_s1
1168696_14_item7_p42_s13
The increase in net interest expense during the Fiscal 2013 Period was principally due to incremental interest associated with the issuance of our 5 3 / 4 % Senior Notes Due 2025 and the capital lease and lease financing obligations assumed from Hollywood Theaters, partially offset by interest savings associated with t...
The decrease in net interest expense during the Fiscal 2014 Period was principally due to interest savings associated with the refinance of approximately $925.0 million aggregate principal amount of the Company's 9 1 / 8 % Senior Notes and 8 5 / 8 % Senior Notes with the March 2014 issuance of our 5 3 / 4 % Senior Note...
2
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[]
[ "decrease", "925.0", "Company", "'s", "March", "2014", "June", "aforementioned", "income", "related", "State", "New", "York", "sales", "tax", "refund", "form" ]
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1168696_15_item7_p40_s9
1168696_14_item7_p42_s3
On a comparable screen basis, other operating expenses increased $24.0 million , or 3.3% during the Fiscal 2013 Period as compared to the Fiscal 2012 Period.
On a comparable screen basis, other operating expenses decreased $24.6 million , or 3.2% during the Fiscal 2014 Period as compared to the Fiscal 2013 Period.
2
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[ "On", "a", "comparable", "screen", "basis", ",", "other", "operating", "expenses", "increased", "$", "24.0", "million", ",", "or", "3.3", "%", "during", "the", "Fiscal", "2013", "Period", "as", "compared", "to", "the", "Fiscal", "2012", "Period", "." ]
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[]
[ "decreased", "24.6", "3.2" ]
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1168696_15_item7_p40_s15
1168696_14_item7_p42_s9
On a comparable screen basis, depreciation and amortization expense decreased $0.1 million, or 0.1% during the Fiscal 2013 Period as compared to the Fiscal 2012 Period.
On a comparable screen basis, depreciation and amortization expense increased $3.0 million, or 1.6% during the Fiscal 2014 Period as compared to the Fiscal 2013 Period.
2
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[]
[ "increased", "3.0", "1.6" ]
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1168696_15_item7_p42_s3
1168696_14_item7_p43_s1
The increase in earnings recognized from NCM during the Fiscal 2013 Period was primarily attributable to higher earnings of National CineMedia during such period.
The decrease in earnings recognized from NCM during the Fiscal 2014 Period was primarily attributable to lower earnings of National CineMedia during the period.
2
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[]
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1168696_15_item7_p43_s4
1168696_14_item7_p45_s0
increase in operating income as described above, the impact of the gain on sale of NCM, Inc. common stock recorded during the third quarter of the Fiscal 2013 Period and higher equity earnings generated by certain of our equity method investments, partially offset by the impact of the $30.3 million ($19.2 million after...
The decrease in net income attributable to controlling interest for the Fiscal 2014 Period was primarily attributable to a decline in operating income as described above, the $62.4 million ($39.2 million after related tax effects) loss on debt extinguishment associated with the repurchase of approximately $711.4 millio...
2
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[]
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1168696_15_item7_p73_s2
1168696_14_item7_p45_s0
increase in operating income as described above, the impact of the gain on sale of NCM, Inc. common stock recorded during the third quarter of the Fiscal 2013 Period and higher equity earnings generated by certain of our equity method investments, partially offset by the impact of the $30.3 million ($19.2 million after...
The increase in EBITDA for the Fiscal 2013 Period was primarily attributable to an increase in operating income as described above, the impact of the gain on sale of NCM, Inc. common stock and higher equity earnings generated by certain of our equity method investments, partially offset by the impact of the $30.3 milli...
2
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[]
[ "EBITDA", "primarily", "attributable" ]
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1168696_15_item7_p37_s3
1168696_14_item7_p47_s2
Based on our review of certain industry sources, the increase in our admissions revenues on a per screen basis was slightly lower than the industry s per screen results for the Fiscal 2012 Period as compared to the Fiscal 2011 Period.
Based on our review of certain industry sources, the decrease in our comparable screen admissions revenues on a per screen basis was greater than the industry s per screen results for the Fiscal 2014 Period as compared to the Fiscal 2013 Period.
2
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1168696_15_item7_p51_s0
1168696_14_item7_p52_s0
The comparability of our results between quarters is impacted by the inclusion from the acquisition date of the results of operations of Hollywood Theaters and Great Escape Theatres plus certain other factors described below and to a lesser extent, seasonality.
acquisition date of the results of operations of Hollywood Theaters plus certain other factors described below and to a lesser extent, seasonality.
2
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1168696_15_item7_p6_s0
1168696_14_item7_p5_s5
The impact and any associated risks related to estimates, assumptions, and accounting policies are discussed elsewhere within this "Management's Discussion and Analysis of Financial Condition and Results of Operations," as well as in the notes to the consolidated financial statements, if applicable, where such estimate...
Results of Operations," as well as in the notes to the consolidated financial statements, if applicable, where such estimates, assumptions, and accounting policies affect our reported and expected results.
2
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1168696_15_item7_p58_s5
1168696_14_item7_p60_s1
The $0.3 million increase in net cash flows generated by operating activities for the Fiscal 2013 Period as compared to the Fiscal 2012 Period increase was caused by positive fluctuation in working capital activity of approximately $66.8 million, partially offset by a $66.5 million decrease in net income excluding non-...
The change in accounts receivable activity was attributable to the timing of collections as a result of the additional week of operations during Fiscal 2014 Period The $0.3 million increase in net cash flows generated by operating activities for the Fiscal 2013 Period as compared to the Fiscal 2012 Period increase was ...
2
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[]
[ "change", "accounts", "receivable", "attributable", "timing", "collections", "result", "additional", "week", "operations", "63.3", "63.0" ]
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1168696_15_item7_p58_s1
1168696_14_item7_p60_s5
The $6.5 million decrease in net cash flows generated by operating activities for the Fiscal 2012 Period as compared to the Fiscal 2011 Period increase was caused by negative fluctuation in working capital activity of approximately $52.4 million, partially offset by a $45.9 million increase in net income excluding non-...
The $2.2 million increase in net cash flows generated by operating activities for the Fiscal 2014 Period as compared to the Fiscal 2013 Period increase was caused by a $40.1 million increase in net income excluding non-cash items, largely offset by a negative fluctuation in working capital activity of approximately $37...
2
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[]
[ "2.2", "40.1", "largely", "37.9" ]
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1168696_15_item7_p58_s8
1168696_14_item7_p60_s8
The decrease in income taxes payable activity during the Fiscal 2012 Period as compared to the Fiscal 2011 Period was primarily associated with the timing of our estimated federal and state income tax payments during such periods.
The change in income taxes payable activity during the Fiscal 2013 Period as compared to the Fiscal 2012 Period was primarily associated with the timing of our estimated federal and state income tax payments during such periods.
2
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[ "change" ]
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1168696_15_item7_p68_s0
1168696_14_item7_p72_s0
In connection with the issuance of the 5 3 / 4 % Senior Notes Due 2023, on May 29, 2013, the Company commenced a tender offer to purchase for cash its 9 1 / 8 % Senior Notes.
In connection with the issuance of the 5 3 / 4 % Senior Notes Due 2022, on February 25, 2014, the Company commenced tender offers to purchase for cash its 9 1 / 8 % Senior Notes and Regal Cinemas' 8 5 / 8 % Senior Notes.
2
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[]
[ "February", "25", "offers", "Regal", "Cinemas" ]
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1168696_15_item7_p68_s2
1168696_14_item7_p72_s1
Total offer consideration for each $1,000 principal amount of 9 1 / 8 % Senior Notes tendered was $1,143.75, including an early tender premium payment of $30.00 per $1,000 principal amount of 9 1 / 8 % Senior Notes for those holders who properly tendered their 9 1 / 8 % Senior Notes on or before June 11, 2013.
Total offer consideration for each $1,000 principal amount of Regal Cinemas' 8 5 / 8 % Senior Notes tendered was $1,070.73, including an early tender premium payment of $30.00 per $1,000 principal amount of 8 5 / 8 % Senior Notes for those holders who properly tendered their 8 5 / 8 % Senior Notes on or before March 10...
2
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[]
[ "Regal", "Cinemas", "1,070.73", "March", "10" ]
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