As of Mar 31, 2017, the company operated 559 theater locations and 7,262 screens in 42 states, Guam, Saipan, American Samoa and the District of Columbia.
During fiscal 2016, the company closed 11 net theaters and 94 screens. In the first quarter of fiscal 2017, the company closed 2 net theaters and 5 screens.
The majority of the Company's operations are conducted in premises occupied under lease agreements with initial base terms ranging generally from 15 to 20 years, with most leases containing options to extend the leases for up to an additional 10 to 20 years.
Theaters average 13.3 screens per location, and are generally located in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets throughout the United States. Theaters range in size from 24,000 to over 100,000 to square feet, and eMarketer estimates the average theater is approximately 56,000 square feet.
|Total gross square feet (M)||31,304||31,416||32,032||32,144||32,480||30,240|
|Total gross square feet growth||-1.4%||-1.9%||-0.3%||-1.0%||7.4%||2.5%|
|Avg store gross sq ft||56,000||56,000||56,000||56,000||56,000||56,000|
|Avg store gross sq ft growth||0.0%||0.0%||0.0%||0.0%||0.0%||0.0%|
|Movie screen growth||-0.9%||-1.3%||-0.1%||-0.4%||7.5%||4.0%|
|Movie screens per theater||13.0||12.9||13.0||12.8||12.7||12.7|