Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $31.56 USD
Change Today -0.12 / -0.38%
Volume 140.7K
CKEC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

carmike cinemas inc (CKEC) Snapshot

Open
$31.81
Previous Close
$31.68
Day High
$32.10
Day Low
$31.30
52 Week High
06/10/14 - $36.22
52 Week Low
01/6/15 - $24.00
Market Cap
772.8M
Average Volume 10 Days
202.1K
EPS TTM
$-0.21
Shares Outstanding
24.5M
EX-Date
09/30/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CARMIKE CINEMAS INC (CKEC)

carmike cinemas inc (CKEC) Related Businessweek News

View More BusinessWeek News

carmike cinemas inc (CKEC) Details

Carmike Cinemas, Inc., together with its subsidiaries, operates as a motion picture exhibitor in the United States. The company operates digital cinema and 3-D cinema theatres that show films on a first-run basis; and discount theatres primarily serving mid-size non-urban markets. As of March 13, 2015, it had 272 theatres with 2,894 screens in 41 states. The company is headquartered in Columbus, Georgia.

7,800 Employees
Last Reported Date: 03/2/15

carmike cinemas inc (CKEC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $759.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $385.0K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $440.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $343.2K
Vice President of Film
Total Annual Compensation: $245.0K
Compensation as of Fiscal Year 2013.

carmike cinemas inc (CKEC) Key Developments

Carmike Cinemas, Inc. Opens New Smyrna Lux 12 Entertainment Complex in New Smyrna Beach

Carmike Cinemas Inc. announced the grand opening of the New Smyrna Lux 12 entertainment complex featuring the beautifully appointed luxury electric reclining leather seats in New Smyrna Beach, Florida (1404 South Dixie Freeway). The theatre will open at 11:00am (local time) on March 13, 2015. The new 12-screen theatre seats over 1,200 guests in impressive comfort with all auditoriums in this entertainment complex equipped with tiered level seating allowing for optimal visibility, comfortable high-back electric reclining luxury seats, retractable armrests and convenient cup holders. The auditoriums in the New Smyrna Lux 12 are equipped with large, wall-to-wall screens, DLP DIGITAL projection and surround sound. Among the other first-class amenities of the new theatre is an upscale lobby area featuring one-stop ticketing with concessions stations for the convenience of all guests.

Carmike Mulls Strategic Alternatives

Carmike Cinemas Inc. (NasdaqGS:CKEC) has hired JPMorgan Chase & Co to help it explore strategic alternatives, including a potential sale, according to people familiar with the matter. Carmike has approached some of its competitors in recent months in the United States and abroad to discuss a potential deal, the people said. There is no certainty that this process will result in a sale of Carmike, the people added. Spokespeople for Carmike and JPMorgan did not immediately respond to requests for comment.

Carmike Cinemas Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Impairment of Long-Lived Assets for the Fourth Quarter Ended December 31, 2014; Provides Capital Expenditure Guidance for the Year 2015

Carmike Cinemas Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total operating revenues of $185,387,000 against $171,848,000 a year ago. Operating income was $11,803,000 against $19,225,000 a year ago. Loss before income tax and income from unconsolidated affiliates was $942,000 against income before income tax and income from unconsolidated affiliates of $6,677,000 a year ago. Loss from continuing operations was $2,243,000 or $0.09 per basic and diluted share against income from continuing operations of $3,501,000 or $0.15 per diluted share a year ago. Net loss available for common stockholders was $2,243,000 or $0.09 per basic and diluted share against net income available for common stockholders of $3,851,000 or $0.17 per basic and diluted share a year ago. EBITDA was $24,954,000 against $32,113,000 a year ago. Adjusted EBITDA was $27,119,000 against $33,712,000 a year ago. Theatre level cash flow was $34,547,000 against $38,612,000 a year ago. Adjusted net loss was $1,092,000 or $0.04 per diluted share against adjusted net income of $5,593,000 or $0.24 per diluted share a year ago. CapEx was $24.2 million. For the year, the company reported total operating revenues of $689,929,000 against $634,835,000 a year ago. Operating income was $41,044,000 against $59,554,000 a year ago. Loss before income tax and income from unconsolidated affiliates was $10,663,000 against income before income tax and income from unconsolidated affiliates of $10,008,000 a year ago. Loss from continuing operations was $8,890,000 or $0.38 per basic and diluted share against income from continuing operations of $5,547,000 or $0.28 per basic and diluted share a year ago. Net loss available for common stockholders was $8,942,000 or $0.38 per basic and diluted share against net income available for common stockholders of $5,753,000 or $0.29 per basic and diluted share a year ago. EBITDA was $90,592,000 against $103,781,000 a year ago. Adjusted EBITDA was $98,261,000 against $113,411,000 a year ago. Theatre level cash flow was $124,307,000 against $135,087,000 a year ago. Net debt as on December 31, 2014 was $352,023,000 against $311,385,000 as on December 31, 2013. Adjusted net loss was $4,312,000 or $0.18 per diluted share against adjusted net income of $12,181,000 or $0.61 per diluted share a year ago. CapEx was $59.7 million. For the quarter, the company reported impairment of long-lived assets of $1,655,000 against $485,000 for the same period a year ago. For 2015, the company expects to spend approximately $60 million in CapEx, similar to the company’s 2014 number.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CKEC:US $31.56 USD -0.12

CKEC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AMC Entertainment Holdings Inc $32.80 USD -0.56
Cinemark Holdings Inc $42.77 USD -0.50
IMAX Corp $35.99 USD -0.11
Reading International Inc $13.25 USD -0.44
Regal Entertainment Group $22.19 USD -0.18
View Industry Companies
 

Industry Analysis

CKEC

Industry Average

Valuation CKEC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book 2.7x
Price/Cash Flow 19.1x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CARMIKE CINEMAS INC, please visit www.carmike.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.