| Disaggregation of Revenue by Segment |
The following tables summarize the Company's revenues by type and reportable segment for the three and nine months ended September 30, 2022 and 2021:
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Three Months Ended September 30, 2022 |
|
|
Revenue from |
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|
|
|
|
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|
|
|
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Contracts with Customers |
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Revenue from |
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|
|
|
|
|
|
(In thousands of U.S. Dollars) |
Fixed Consideration |
|
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Variable Consideration |
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Lease Arrangements |
|
|
Finance Income |
|
|
Total |
|
Technology sales |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX Systems(1) |
$ |
|
11,162 |
|
|
$ |
|
2,671 |
|
|
$ |
|
|
207 |
|
|
$ |
|
— |
|
|
$ |
|
14,040 |
|
Joint Revenue Sharing Arrangements, fixed fees |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
998 |
|
|
|
|
— |
|
|
|
|
998 |
|
Other Theater Business |
|
|
2,107 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
2,107 |
|
All Other |
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|
919 |
|
|
|
|
1 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
920 |
|
Sub-total |
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|
14,188 |
|
|
|
|
2,672 |
|
|
|
|
|
1,205 |
|
|
|
|
— |
|
|
|
|
18,065 |
|
Image enhancement and maintenance services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX DMR |
|
|
— |
|
|
|
|
19,919 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
19,919 |
|
IMAX Maintenance |
|
|
13,939 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
13,939 |
|
Film Distribution |
|
|
157 |
|
|
|
|
924 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
1,081 |
|
Film Post-Production |
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|
968 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
968 |
|
All Other |
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— |
|
|
|
|
326 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
326 |
|
Sub-total |
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|
15,064 |
|
|
|
|
21,169 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
36,233 |
|
Technology rentals |
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|
|
|
|
|
|
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|
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|
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|
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|
|
|
|
|
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Joint Revenue Sharing Arrangements, contingent rent |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
12,540 |
|
|
|
|
— |
|
|
|
|
12,540 |
|
Sub-total |
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|
— |
|
|
|
|
— |
|
|
|
|
|
12,540 |
|
|
|
|
— |
|
|
|
|
12,540 |
|
Finance income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX Systems |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
1,917 |
|
|
|
|
1,917 |
|
Total |
$ |
|
29,252 |
|
|
$ |
|
23,841 |
|
|
$ |
|
|
13,745 |
|
|
$ |
|
1,917 |
|
|
$ |
|
68,755 |
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|
|
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|
Nine Months Ended September 30, 2022 |
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|
Revenue from |
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|
|
|
|
|
|
|
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|
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Contracts with Customers |
|
|
Revenue from |
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|
|
|
|
|
|
|
(In thousands of U.S. Dollars) |
Fixed consideration |
|
|
Variable consideration |
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|
Lease Arrangements |
|
|
Finance Income |
|
|
Total |
|
Technology sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX Systems(1) |
$ |
|
22,032 |
|
|
$ |
|
4,055 |
|
|
$ |
|
|
241 |
|
|
$ |
|
— |
|
|
$ |
|
26,328 |
|
Joint Revenue Sharing Arrangements, fixed fees |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
2,486 |
|
|
|
|
— |
|
|
|
|
2,486 |
|
Other Theater Business |
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|
3,697 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
3,697 |
|
All Other |
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|
2,677 |
|
|
|
|
82 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
2,759 |
|
Sub-total |
|
|
28,406 |
|
|
|
|
4,137 |
|
|
|
|
|
2,727 |
|
|
|
|
— |
|
|
|
|
35,270 |
|
Image enhancement and maintenance services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX DMR |
|
|
— |
|
|
|
|
67,064 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
67,064 |
|
IMAX Maintenance |
|
|
43,564 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
43,564 |
|
Film Distribution |
|
|
324 |
|
|
|
|
2,179 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
2,503 |
|
Film Post-Production |
|
|
2,915 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
2,915 |
|
All Other |
|
|
— |
|
|
|
|
1,239 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
1,239 |
|
Sub-total |
|
|
46,803 |
|
|
|
|
70,482 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
117,285 |
|
Technology rentals |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Joint Revenue Sharing Arrangements, contingent rent |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
43,708 |
|
|
|
|
— |
|
|
|
|
43,708 |
|
All Other |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
18 |
|
|
|
|
— |
|
|
|
|
18 |
|
Sub-total |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
43,726 |
|
|
|
|
— |
|
|
|
|
43,726 |
|
Finance income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX Systems |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
6,478 |
|
|
|
|
6,478 |
|
Total |
$ |
|
75,209 |
|
|
$ |
|
74,619 |
|
|
$ |
|
|
46,453 |
|
|
$ |
|
6,478 |
|
|
$ |
|
202,759 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2021 |
|
|
Revenue from |
|
|
|
|
|
|
|
|
|
|
|
|
Contracts with Customers |
|
|
Revenue from |
|
|
|
|
|
|
|
|
(In thousands of U.S. Dollars) |
Fixed Consideration |
|
|
Variable Consideration |
|
|
Lease Arrangements |
|
|
Finance Income |
|
|
Total |
|
Technology sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX Systems(1) |
$ |
|
9,701 |
|
|
$ |
|
802 |
|
|
$ |
|
|
98 |
|
|
$ |
|
— |
|
|
$ |
|
10,601 |
|
Joint Revenue Sharing Arrangements, fixed fees |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
1,036 |
|
|
|
|
— |
|
|
|
|
1,036 |
|
Other Theater Business |
|
|
363 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
363 |
|
All Other |
|
|
1,154 |
|
|
|
|
6 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
1,160 |
|
Sub-total |
|
|
11,218 |
|
|
|
|
808 |
|
|
|
|
|
1,134 |
|
|
|
|
— |
|
|
|
|
13,160 |
|
Image enhancement and maintenance services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX DMR |
|
|
— |
|
|
|
|
15,701 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
15,701 |
|
IMAX Maintenance |
|
|
13,055 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
13,055 |
|
Film Distribution |
|
|
203 |
|
|
|
|
496 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
699 |
|
Film Post-Production |
|
|
899 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
899 |
|
All Other |
|
|
— |
|
|
|
|
234 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
234 |
|
Sub-total |
|
|
14,157 |
|
|
|
|
16,431 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
30,588 |
|
Technology rentals |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Joint Revenue Sharing Arrangements, contingent rent |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
9,887 |
|
|
|
|
— |
|
|
|
|
9,887 |
|
All Other |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
332 |
|
|
|
|
— |
|
|
|
|
332 |
|
Sub-total |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
10,219 |
|
|
|
|
— |
|
|
|
|
10,219 |
|
Finance income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX Systems |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
2,635 |
|
|
|
|
2,635 |
|
Total |
$ |
|
25,375 |
|
|
$ |
|
17,239 |
|
|
$ |
|
|
11,353 |
|
|
$ |
|
2,635 |
|
|
$ |
|
56,602 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2021 |
|
|
Revenue from |
|
|
|
|
|
|
|
|
|
|
|
|
Contracts with Customers |
|
|
Revenue from |
|
|
|
|
|
|
|
|
(In thousands of U.S. Dollars) |
Fixed consideration |
|
|
Variable consideration |
|
|
Lease Arrangements |
|
|
Finance Income |
|
|
Total |
|
Technology sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX Systems(1) |
$ |
|
20,143 |
|
|
$ |
|
2,573 |
|
|
$ |
|
|
4,220 |
|
|
$ |
|
— |
|
|
$ |
|
26,936 |
|
Joint Revenue Sharing Arrangements, fixed fees |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
3,776 |
|
|
|
|
— |
|
|
|
|
3,776 |
|
Other Theater Business |
|
|
1,275 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
1,275 |
|
All Other |
|
|
2,474 |
|
|
|
|
47 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
2,521 |
|
Sub-total |
|
|
23,892 |
|
|
|
|
2,620 |
|
|
|
|
|
7,996 |
|
|
|
|
— |
|
|
|
|
34,508 |
|
Image enhancement and maintenance services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX DMR |
|
|
— |
|
|
|
|
39,438 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
39,438 |
|
IMAX Maintenance |
|
|
33,196 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
33,196 |
|
Film Distribution |
|
|
204 |
|
|
|
|
911 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
1,115 |
|
Film Post-Production |
|
|
2,886 |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
2,886 |
|
All Other |
|
|
— |
|
|
|
|
279 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
279 |
|
Sub-total |
|
|
36,286 |
|
|
|
|
40,628 |
|
|
|
|
|
— |
|
|
|
|
— |
|
|
|
|
76,914 |
|
Technology rentals |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Joint Revenue Sharing Arrangements, contingent rent |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
26,108 |
|
|
|
|
— |
|
|
|
|
26,108 |
|
All Other |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
600 |
|
|
|
|
— |
|
|
|
|
600 |
|
Sub-total |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
26,708 |
|
|
|
|
— |
|
|
|
|
26,708 |
|
Finance income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IMAX Systems |
|
|
— |
|
|
|
|
— |
|
|
|
|
|
— |
|
|
|
|
8,181 |
|
|
|
|
8,181 |
|
Total |
$ |
|
60,178 |
|
|
$ |
|
43,248 |
|
|
$ |
|
|
34,704 |
|
|
$ |
|
8,181 |
|
|
$ |
|
146,311 |
|
(1)Includes revenues earned from sale and sales-type lease arrangements involving new and upgraded IMAX Theater Systems, as well as the impact of renewals and amendments to existing theater system arrangements.
|