Condensed Consolidated Statements of Cash Flows Supplemental Information (Tables)

9 Months Ended

Sep. 30, 2022

Supplemental Cash Flow Elements [Abstract]

Summary of Changes in Other Operating Assets and Liabilities


	Nine Months Ended
	September 30,
(In thousands of U.S. Dollars)		2022				2021
Decrease (increase) in:
Financing receivables	$		11,608		$		(1,693	)
Prepaid expenses			(2,006	)			(2,767	)
Variable consideration receivables			1,147				(1,243	)
Other assets			280				664
Increase (decrease) in:
Accounts payable			6,044				(5,135	)
Accrued and other liabilities			(20,621	)			(1,728	)
	$		(3,548	)	$		(11,902	)

Summary of Depreciation and Amortization


	Nine Months Ended
	September 30,
(In thousands of U.S. Dollars)		2022			2021
Film assets	$		13,249	$		10,661
Property, plant and equipment:
Equipment supporting joint revenue sharing arrangements			16,639			16,784
Other property, plant and equipment(1)			7,055			7,176
Other intangible assets(2)			4,394			4,509
Other assets(3)			1,326			1,440
	$		42,663	$		40,570

(1)

Includes the amortization of laser projection systems, camera, and lens upgrades recorded in Research and Development on the Condensed Consolidated Statement of Operations of $0.6 million in the nine months ended September 30, 2022 (2021 — $0.6 million).

(2)

Includes the amortization of licenses and intellectual property recorded in Research and Development on the Condensed Consolidated Statement of Operations of $1.0 million in the nine months ended September 30, 2022 (2021 — $1.0 million).

(3)

Includes the amortization of lessee incentives provided by the Company to its customers under joint revenue sharing arrangements.

Write-downs


	Nine Months Ended
	September 30,
(In thousands of U.S. Dollars)		2022			2021
Other assets(1)	$		4,470	$		—
Inventories(2)			503			468
Property, plant and equipment:
Equipment supporting joint revenue sharing arrangements(3)			235			328
Other property, plant and equipment			9			—
Other intangible assets			24			63
Film assets(4)			466			19
	$		5,707	$		878

(1)

In the nine months ended September 30, 2022, the Company recognized a full impairment of its RMB 30.0 million ($4.5 million) investment in the film Mozart from Space (2021 — $nil) based on projected box office results and distribution costs. (See Note 17(e).)

(2)

In the nine months ended September 30, 2022, the Company recorded write-downs of $0.5 million in Costs and Expenses Applicable to Technology Sales. The write-downs recorded during the nine months ended September 30, 2022 include $0.2 million related to excess and damaged inventory and $0.3 million recorded to reduce the carrying value of service parts held in Russia. In the nine months ended September 30, 2021, the Company recorded write-downs of $0.5 million in Costs and Expenses Applicable to Technology Sales to reduce the carrying value of excess inventory.

(3)

In the nine months ended September 30, 2022, the Company recorded charges of $0.2 million (2021 — $0.3 million) in Costs and Expenses Applicable to Technology Rentals mostly related to an IMAX Theater System that was removed from its existing location, as well as the write-down of leased xenon-based digital systems which were taken out of service in connection with customer upgrades to laser-based digital systems.

(4)

In the nine months ended September 30, 2022, the Company recorded impairment losses of $0.5 million (2021 — $nil) related to the write-down of DMR and documentary film assets.

Significant Non-cash Investing Activities


	Nine Months Ended
	September 30,
(In thousands of U.S. Dollars)		2022			2021
Net increase (decrease) in accruals related to:
Cash consideration in respect of SSIMWAVE acquisition(1)	$		3,227	$		—
Investment in equipment supporting joint revenue sharing arrangements			1,229			217
Acquisition of other intangible assets			45			(863	)
Purchases of property, plant and equipment(2)			103			(8	)
	$		4,604	$		(654	)

(1)

As of September 30, 2022, the Company's Condensed Consolidated Balance Sheets include a liability of $3.2 million related to its acquisition of SSIMWAVE on September 22, 2022, which is recorded on the Condensed Consolidated Balance Sheets within Accrued and Other Liabilities. (See Note 4.)

(2)

See Note 5 for supplemental disclosure of noncash leasing activities.