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Carmike Cinemas (Carmike Cinemas) Goodwill : $153.6 Mil (As of Sep. 2016)


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What is Carmike Cinemas Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Carmike Cinemas's goodwill for the quarter that ended in Sep. 2016 was $153.6 Mil.


Carmike Cinemas Goodwill Historical Data

The historical data trend for Carmike Cinemas's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carmike Cinemas Goodwill Chart

Carmike Cinemas Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.09 44.58 74.38 125.52 151.72

Carmike Cinemas Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.60 151.72 153.55 153.55 153.55

Carmike Cinemas Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Carmike Cinemas  (NAS:CKEC) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Carmike Cinemas's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Goodwill-to-Asset (A: Dec. 2015 )=Goodwill/Total Assets
=151.72/912.658
=0.17

Carmike Cinemas's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2016 is calculated as

Goodwill-to-Asset (Q: Sep. 2016 )=Goodwill/Total Assets
=153.55/902.561
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Carmike Cinemas Goodwill Related Terms

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Carmike Cinemas (Carmike Cinemas) Business Description

Traded in Other Exchanges
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Address
Carmike Cinemas Inc was organized in the state of Delaware in April 1982. The Company is a motion picture exhibitor in the United States and as of December 31, 2013, it owned, operated or had an interest in 252 theatres with 2,660 screens located in 37 states. The Company target small to mid-size non-urban markets with the belief that they provide a number of operating benefits, including lower operating costs and fewer alternative forms of entertainment. Its theatres are equipped to provide digital cinema and as of December 31, 2013, it had 240 theatres with 2,552 screens on a digital-based platform. In addition, Company had 233 theatres with 983 screens equipped for 3-D as of December 31, 2013. At December 31, 2013, it operated 15 theatres with 107 screens as discount theatres. The Company obtains licenses to exhibit films by directly negotiating with film distributors. It license films through its booking office located in Columbus, Georgia. The Company typically enters into film licenses that provide for rental fees based on firm terms which are negotiated and established prior to the opening of the picture; mutually agreed settlement upon the conclusion of the film run; or a sliding scale formula which is based on a percentage of the box office receipts using a pre-determined and agreed-upon film rental scale. The Company utilizes a point-of-sale system in its theatres developed by Allure Global Solutions, Inc., its point-of-sale system allows to centralize theatre-level administrative functions at its corporate headquarters. It allows corporate management to monitor ticket and concession sales and box office and concession staffing on a daily basis, enabling theatre managers to focus on the day-to-day operation of the theatre. The point-of-sale systems also facilitate services such as advanced ticket sales and Internet ticket sales. The Company owns or has rights to trademarks or trade-names that are used in conjunction with the operations of its theatres. It owns Carmike Cinemas and Hollywood Connection, the Carmike C and its film strip design, Big D, Carmike Rewards, Ovation Club, Muvico, MuviXL, and Wynnsong Cinemas trademarks. In addition, its logo is its trademark. Coca-Cola, Rave Reviews Cinemas, L.L.C., Cinemark USA, Inc., Christie, RealD, Screenvision, Showtime Concession Supply, Inc., Continental Concession Supplies, Inc., Allure Global Solutions, Inc. Bogarts and IMAX are registered trademarks. The Company competes with other motion picture exhibitors and a number of other film delivery methods, including DVDs, video-on-demand, pay-per view services and downloads via the Internet. It also competes for the publics leisure time and disposable income with all forms of entertainment, including sporting events, concerts, live theatre and restaurants. The Companys theatre operations are also subject to federal, state and local laws governing such matters as construction, renovation and operation of its theatres as well
Executives
Sean T Erwin director 8540 GANDER CREEK DRIVE DAYTON OH 45342
A Dale Mayo officer: Pres., Alternative Programming 250 EAST BROAD STREET, WESTFIELD NJ 07090
Roland Smith director 2951 28TH STREET, SANTA MONICA CA 90405
Richard B Hare officer: SVP-Finance, Treasurer and CFO CARMIKE CINEMAS INC, 1301 FIRST AVENUE, COLUMBUS GA 31901
Daniel E Ellis officer: SVP, General Counsel & Sec
James A Fleming director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
Alan J Hirschfield director 3490 CLUBHOUSE DR 1-2, WILSON WY 83014
Bigfoot Ventures Ltd. 10 percent owner 22/F BIGFOOT CENTRE, 38 YIU WA ST., CAUSEWAY BAY, HONG KONG K3 NONE
Meridee Moore other: See Remarks
James J Gaffney director 10551 WILSHIRE BLVD, LOS ANGELES CA 90024
Kenneth A Pontarelli director 85 BROAD ST, NEW YORK NY 10004
Martin A Durant officer: SVP-Finance, Treasurer & CFO 1932 WYNNTON ROAD, COLUMBUS GA 31999
Richard A Friedman other: Former Director C/O GOLDMAN, SACHS & CO., 200 WEST STREET, NEW YORK NY 10282
Jordan John W Ii director 875 NORTH MICHIGAN AVENUE, SUITE 4020, CHICAGO IL 60611
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282

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