READING INTERNATIONAL INC
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 14, 2024
RDIB$9.90-2.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets (Unaudited)
(U.S. dollars in thousands, except share information)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS · (unaudited) | ||
| Current Assets: | ||
| Cash and cash equivalents | $10,083 | $12,906 |
| Restricted cash | 1,400 | 2,535 |
| Receivables | 5,435 | 7,561 |
| Inventories | 1,705 | 1,648 |
| Prepaid and other current assets | 2,528 | 2,881 |
| Land and property held for sale | 37,895 | 11,179 |
| Total current assets | 59,046 | 38,710 |
| Operating property, net | 225,065 | 262,417 |
| Operating lease right-of-use assets | 170,549 | 181,542 |
| Investment and development property, net | — | 8,789 |
| Investment in unconsolidated joint ventures | 4,294 | 4,756 |
| Goodwill | 25,715 | 25,535 |
| Intangible assets, net | 1,841 | 2,038 |
| Deferred tax asset, net | 238 | 299 |
| Other assets | 8,938 | 8,965 |
| Total assets | $495,686 | $533,051 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current Liabilities: | ||
| Accounts payable and accrued liabilities | $44,636 | $43,828 |
| Film rent payable | 3,601 | 6,038 |
| Debt - current portion | 52,624 | 34,484 |
| Subordinated debt - current portion | — | 586 |
| Taxes payable - current | 177 | 1,376 |
| Deferred revenue | 9,728 | 10,993 |
| Operating lease liabilities - current portion | 22,182 | 23,047 |
| Other current liabilities | 6,588 | 6,731 |
| Total current liabilities | 139,536 | 127,083 |
| Debt - long-term portion | 134,070 | 146,605 |
| Derivative financial instruments - non-current portion | 269 | — |
| Subordinated debt, net | 27,339 | 27,172 |
| Noncurrent tax liabilities | 6,772 | 6,586 |
| Operating lease liabilities - non-current portion | 170,127 | 180,898 |
| Other liabilities | 12,967 | 11,711 |
| Total liabilities | $491,080 | $500,055 |
| Commitments and contingencies (Note 15) | ||
| Stockholders’ equity: | ||
| Class A non-voting common shares, par value $0.01, 100,000,000 shares authorized, | ||
| 33,681,705 issued and 20,745,594 outstanding at September 30, 2024 and | ||
| 33,602,627 issued and 20,666,516 outstanding at December 31, 2023 | 238 | 237 |
| Class B voting common shares, par value $0.01, 20,000,000 shares authorized and | ||
| 1,680,590 issued and outstanding at September 30, 2024 and December 31, 2023 | 17 | 17 |
| Nonvoting preferred shares, par value $0.01, 12,000 shares authorized and no issued | ||
| or outstanding shares at September 30, 2024 and December 31, 2023 | — | — |
| Additional paid-in capital | 157,132 | 155,402 |
| Retained earnings/(deficits) | (108,974) | (79,489) |
| Treasury shares | (40,407) | (40,407) |
| Accumulated other comprehensive income | (2,831) | (2,673) |
| Total Reading International, Inc. stockholders’ equity | 5,175 | 33,087 |
| Noncontrolling interests | (569) | (91) |
| Total stockholders’ equity | 4,606 | 32,996 |
| Total liabilities and stockholders’ equity | $495,686 | $533,051 |
CONSOLIDATED STATEMENTS OF INCOME
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