AMC ENTERTAINMENT HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)
Preferred Stock
Series A Convertible Depositary Shares Accumulated
Class A Voting Participating of AMC Additional Other Accumulated Total AMC Total
Class A and Class B Common Stoc
Preferred Stock Preferred Equity Paid-in Treasury Stock Comprehensive Earnings Stockholders’ Noncontrollin
Equity
(In millions, except share and per share data) Shares (1) Amount Shares (1) Units (1) Amount Capital Shares (1) Amount Income (Loss) (Deficit) Equity (Deficit) Interests
(Deficit)
Balance December 31, 2019 .............................. 103,849,861 $ 1.0 1,038,499 103,849,861 $ 0.1 $ 2,001.8 7,465,250 $ (56.4) $ (26.1) $ (706.2) $ 1,214.2 $ — $ 1,214.2
Cumulative effect adjustments for the adoption of new
accounting
rinciple (ASC 842) .......................
—— — —— — — — — (16.9) (16.9) —
(16.9)
Net loss ....................................... — — — — — — — — — (4,589.1) (4,589.1) (0.3) (4,589.4)
Other comprehensive income ..........................
—— — —— — — — 64.6 — 64.6 0.2 64.8
Baltics noncont
olling capital contributio
..................
— — — — — (0.2) — — 0.2 — — 27.0 27.0
Dividends decla
ed: ................................
—
Class A common stock, $0.015/share, net of forfeitures and reversal
o
dividend accrual for nonvested PSUs ................
—— — —— — — — — (1.6) (1.6) —
(1.6)
Class B common stock, $0.015/share ....................
—— — —— — — — — (1.6) (1.6) — (1.6)
AMC
referred equity units, $0.015/share .................
—— — —— — — — — (1.6) (1.6) — (1.6)
Class A common stock issuance .........................
90,955,685 0.9 909,557 90,955,685 — 263.8 — — — — 264.7 — 264.7
Exchange Offer Class A common stock issuance ...............
5,000,000 0.1 50,000 5,000,000 — 20.1 — — — — 20.2 — 20.2
Class A common stock issuance commitment and exchange
shares ......................................
21,978,022 0.3 219,780 21,978,022 — 69.8 — — — — 70.1 —
70.1
Derivative asset valuation allowance adjustment ...............
—— — —— — — — — (2.4) (2.4) — (2.4)
Reclassification of derivative liability and derivative asset for
Conversion Price Reset of Convertible Notes due 2026 .........
— — — — — 89.9 — — — (15.9) 74.0 —
74.0
Taxes paid for
estricted unit withholdings ..................
— — — — — (5.1) —— — — (5.1) — (5.1)
Stoc
-
ased compensatio
............................
2,549,465 — 25,494 2,549,465 — 25.4 — — — — 25.4 — 25.4
Balance December 31, 2020 ..............................
224,333,033 $ 2.3 2,243,330 224,333,033 $ 0.1 $ 2,465.5 7,465,250 $ (56.4) $ 38.7 $ (5,335.3) $ (2,885.1) $ 26.9 $ (2,858.2)
Net loss ....................................... — — — — — — — — — (1,269.1) (1,269.1) (0.7) (1,269.8)
Other comprehensive loss ............................
—— — —— — — — (65.9) — (65.9) (0.2) (66.1)
Baltics noncont
olling capital contributio
..................
— — — — — 0.2 — — — — 0.2 (4.0) (3.8)
100% liquidation of Baltics ...........................
—— — —— — — — (0.9) — (0.9) (22.0) (22.9)
Class A common stock, accrued dividend equivalent
adjustment ...................................
—— — —— — — — — (0.3) (0.3) —
(0.3)
Class A common stock issuance .........................
241,616,293 2.3 2,416,163 241,616,293 — 1,531.3 (7,465,250) 56.4 — (19.3) 1,570.7 — 1,570.7
Class A common stock issuance to Mudric
.................
8,500,000 0.1 85,000 8,500,000 — 230.3 — — — — 230.4 — 230.4
Convertible Notes due 2026 stock conversio
................
44,422,860 0.4 444,229 44,422,860 — 606.1 — — — — 606.5 — 606.5
Wanda forfeit and cancellation of Class B shares ...............
(5,666,000) — (56,660) (5,666,000) — — —— — — — — —
Taxes paid for
estricted unit withholdings ..................
— — — — — (19.1) — — — — (19.1) — (19.1)
Stoc
-
ased compensatio
............................
772,914 — 7,729 772,914 — 43.1 — — — — 43.1 — 43.1
Balance December 31, 2021 ..............................
513,979,100 $ 5.1 5,139,791 513,979,100 $ 0.1 $ 4,857.4 — $ — $ (28.1) $ (6,624.0) $ (1,789.5) $ — $ (1,789.5)
Net loss ....................................... — — — — — — — — — (973.6) (973.6) — (973.6)
Other comprehensive loss ............................
—— — —— — — — (49.2) — (49.2) — (49.2)
AMC Preferred E
uity Units issuance .....................
— — 2,077,482 207,748,146 — 217.6 — — — — 217.6 — 217.6
Taxes paid for restricted unit withholdings ..................
— — — — — (52.3) — — — — (52.3) — (52.3)
Stoc
-
ased compensatio
............................
2,859,812 0.1 28,599 2,859,812 — 22.4 — — — — 22.5 — 22.5
Balance December 31, 2022 ..............................
516,838,912 $ 5.2 7,245,872 724,587,058 $ 0.1 $ 5,045.1 — $ — $ (77.3) $ (7,597.6) $ (2,624.5) $ — $ (2,624.5)
—————————————————
(1) Share counts have been retroactively adjusted to reflect the effect of the stock split.
See Notes to Consolidated Financial Statements
90