BNET Industries

Carmike Cinemas Inc.

(CKEC) is in the Media Industry

Market Cap:$76.2M
Last Fiscal Year Sales:$489.2M
  • Public
  • US
Dow Jones Description

We are one of the largest motion picture exhibitors in the United States and as of March 31, 2009 we owned, operated or had an interest in 249 theatres with 2,288 screens located in 35 states. We 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. As of March 31, 2009, we had 229 theatres with 2,154 screens on a digital-based platform, including 193 theatres with 500 screens equipped for 3-D. We believe our leading-edge technologies allow us not only greater flexibility in showing feature films, but also provide us with the capability to explore revenue-enhancing alternative content programming. Digital film content can be easily moved to and from auditoriums in our theatres to maximize attendance. The superior quality of digital cinema and our 3-D capability could provide a competitive advantage to us in markets where we compete for film and patrons. Our business depends to a substantial degree on the availability of suitable motion pictures for screening in our theatres and the appeal of such motion pictures to patrons in our specific theatre markets. Our results of operations vary from period to period based upon the number and popularity of the films we show in our theatres. ...

President, Chief Executive Officer and Director
S. David Passman III
Number of Employees 487
Contact Information

Carmike Plz 1301 First Ave

Columbus, Georgia 31901

carmike.com

(706) 576-3400

NAICS Code Motion Picture Theaters (except Drive-Ins): 512131

Recent Events

  • Wedbush Morgan Securities Inc. initiates coverage of Carmike Cinemas Inc. at 'underperform'

    11/19/09 - Bond / Stock Rating - View Story

  • Analyst Upgrades for November 17th

    11/17/09 - Bond / Stock Rating - View Story

  • RealD Adds Significant New Dimension to Carmike Cinemas Dec 13, 2006 RealD 3D System REAL...

    11/08/09 - Joint Venture / Alliance - View Story

  • Carmike shares plunge 31 percent after earnings miss: Third-quarter loss, higher operating costs spook investors

    11/04/09 - Bond / Stock Rating - View Story

  • Black Filmmakers Plan to Kill... at the Box Office with Movie "Lynch Mob"

    8/30/09 - Joint Venture / Alliance - View Story

  • Carmike posts profit of $2.8 million: Movie theater chain now looking to improve customer experience,...

    8/04/09 - Financial Announcement - View Story

  • Carmike promotes interim exec to president, CEO: Passman becomes permanent president and CEO; fast-food, entertainment...

    6/05/09 - Financial Announcement - View Story

  • Carmike Cinemas gets prexy-CEO

    6/04/09 - Board Member - Entering - View Story

  • Market Report -- In Play CKEC

    6/04/09 - Mgmt. Change Entering - President - View Story

  • Carmike Cinemas Appoints David Passman III as President and CEO - Quick Facts

    6/04/09 - Mgmt. Change Entering - CEO - View Story

News & Analysis

carmike cinemas inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
S. David Passman III President, Chief Executive Officer and Director
Fred W. Van Noy Senior Vice President, Chief Operating Officer and Director
Jeffrey A. Cole Chief Accounting Officer
Paul G. Reitz Ass't Vice President & Chief Accounting Officer
Richard B. Hare Senior Vice Presidentfinance, Treasurer and Chief Financial Officer
Anthony J. Rhead Senior Vice President, Entertainment&Digital
H. Madison Shirley Senior Vice President Concessions and Assistant Secretary
Lee Champion Senior Vice President, General Counsel and Secretary
Gary F. Krannacker Vice President
Larry B. Collins Vice President Film
Philip A. Smitley Assistant Vice President

Board of Directors

Name (plus bio) Position
Alan J. Hirschfield Chairman
Michael W. Patrick Chairman
Roland C. Smith Chairman of The Compensation and Nominating Committee
Carl L. Patrick Board of Directors
James A. Fleming Board of Directors
Kevin D. Katari Board of Directors
Patricia A. Wilson Board of Directors

Organization Position Status
Ibs-Stl Chief Executive Officer Current
Ibs-Stl President Current
Carmike Cinemas, Inc. President, Chief Executive Officer and Director Current
Carmike Cinemas, Inc. Non-Executive Chairman of The Board of Directors Current
Amf Bowling Worldwide, Inc. Chief Executive Officer Former
Amf Bowling Worldwide, Inc. President Former
John H. Harland Company President, Harland Printed Products and Harland Checks Divisions Former
Harland Printed Products President Former
John H. Harland Company Chief Financial Officer Former

Fred W. Van Noy , 51, has served as a director since December 2004 and is also a member of the Office of the Chairman. Mr. Van Noy joined us in 1975. He served as a District Manager from 1984 to 1985 and as Western Division Manager from 1985 to 1988, when he became Vice President General Manager. In December 1997, he was elected to the position of Senior Vice President Operations. In November 2000, he became Senior Vice President Chief Operating Officer.

Organization Position Status
Carmike Cinemas, Inc. Senior Vice President, Chief Operating Officer and Director Current
Carmike Cinemas, Inc. Board of Directors Current
Carmike Cinemas, Inc. General Manager Former
Carmike Cinemas, Inc. Western Division Manager Former

Organization Position Status
Carmike Cinemas, Inc. Chief Accounting Officer Current
Carmike Cinemas, Inc. Assistant Vice President Current
Carmike Cinemas, Inc. Controller Current
GKC Theatres Inc. Chief Financial Officer Former
George Kerasotes Corporation Chief Financial Officer Former
GKC Theatres Inc. Executive Vice President Former
George Kerasotes Corporation Executive Vice President Former

Organization Position Status
Carmike Cinemas, Inc. Ass't Vice President & Chief Accounting Officer Current

Organization Position Status
Carmike Cinemas, Inc. Senior Vice Presidentfinance, Treasurer and Chief Financial Officer Current
Carmike Cinemas, Inc. Board of Directors Current
Greenfuels, Inc. Chief Accounting Officer Former
Greenfuels, Inc. Controller Former
Sanmina-SCI Corporation Assistant Treasurer Former
Sanmina-SCI Corporation Board of Directors Former

Organization Position Status
Carmike Cinemas, Inc. Senior Vice President, Entertainment&Digital Current
Carmike Cinemas, Inc. Board of Directors Current
Carmike Cinemas, Inc. Manager Former

Organization Position Status
Carmike Cinemas, Inc. Senior Vice President Concessions and Assistant Secretary Current
Carmike Cinemas, Inc. Board of Directors Current
Carmike Cinemas, Inc. Director of Concessions Former
Carmike Cinemas, Inc. Theatre Manager Former
Carmike Cinemas, Inc. Assistant Secretary Former

Organization Position Status
Carmike Cinemas, Inc. Senior Vice President, General Counsel and Secretary Current
Carmike Cinemas, Inc. Secretary Current
Page, Scrantom, Sprouse, Tucker & Ford Partner Former
Champion & Champion Partner Former
Carmike Cinemas, Inc. General Counsel Former

Organization Position Status
Carmike Cinemas, Inc. Vice President Current
Carmike Cinemas, Inc. General Manager Theatre Operations Current
Pittsburgh Pennsylvania City Manager Current
Carmike Cinemas, Inc. City Manager Former

Organization Position Status
Carmike Cinemas, Inc. Vice President Film Current
Carmike Cinemas, Inc. Film Buyer, Northeast and Midwest Regions Former

Organization Position Status
Carmike Cinemas, Inc. Assistant Vice President Current

Organization Position Status
Peregrine Systems, Inc. Current
Carmike Cinemas, Inc. Chairman Current
Leucadia National Corporation Board of Directors Current
Cantel Medical Corp. Board of Directors Current
Twentieth Century Fox Film Company Ltd Chief Executive Officer Former
Columbia Pictures Chief Executive Officer Former
Columbia Pictures President Former
American Film Institute trustee Former
Twentieth Century Fox Film Company Ltd Chairman Former
Carmike Cinemas, Inc. Director Former
Cantel Medical Corp. Vice Chairman Former
Harvard Business School master of business administration Former
The University of Oklahoma bachelor of arts degree Former

Organization Position Status
Carmike Cinemas, Inc. Chairman Current
Will Rogers Institute Director Current
Carmike Cinemas, Inc. Chief Executive Officer Former
Carmike Cinemas, Inc. President Former
Carmike Cinemas, Inc. Director Former

Roland C. Smith is President and Chief Executive Officer, and a member of the Company’s board of directors. Previously, Mr. Smith was a director and Chief Executive Officer of Triarc Companies, Inc. and he was Chief Executive Officer of Arby’s Restaurant Group, Inc. (“ARG”) from April 2006 to September 2008. Mr. Smith also served as President of ARG from April 2006 to June 2006. Mr. Smith served as President and Chief Executive Officer of American Golf Corp. and National Golf Properties from February 2003 to November 2005. He served as President and Chief Executive Officer of AMF Bowling Worldwide, Inc. from April 1999 to January 2003. Mr. Smith served as President and Chief Executive Officer of ARG’s predecessor, Arby’s, Inc., from February 1997 to April 1999. Mr. Smith also serves as a director of Carmike Cinemas, Inc., is a trustee of The Dave Thomas Foundation for Adoption and a national trustee for of Boys and Girls Clubs of America.

Organization Position Status
Wendy's/Arby's Group, Inc. President and Chief Executive Officer Current
Carmike Cinemas, Inc. Chairman of The Compensation and Nominating Committee Current
Wendy's/Arby's Group, Inc. Board of Directors Current
Arby's Restaurant Group, Inc. Chief Executive Officer Former
American Golf Corporation President and Chief Executive Officer Former
Triarc Companies, Inc. Chief Executive Officer Former
National Golf Properties, Inc. President and Chief Executive Officer Former
Arby's Restaurant Group, Inc. President Former
Triarc Companies, Inc. Board of Directors Former

Organization Position Status
Summit Bank Corporation Chairman Current
Carmike Cinemas, Inc. Board of Directors Current
Arthur Young, Inc. Director of Taxes Former
Summit Bank Corporation Board of Directors Former

James A. Fleming , 50, was elected a director, effective March 17, 2009, and currently serves as a member of the Audit Committee. Mr. Fleming has served as Executive Vice President and Chief Financial Officer of Cousins Properties Incorporated, a leading diversified real estate company, based in Atlanta and listed on the New York Stock Exchange, since August 2004. From July 2001 to August 2004, Mr. Fleming was Senior Vice President, General Counsel and Secretary of Cousins Properties. Prior to joining Cousins Properties, Mr. Fleming was a partner in the Atlanta law firm of Fleming & Ray from October 1994 until July 2001.

Organization Position Status
Carmike Cinemas, Inc. Board of Directors Current

Organization Position Status
Carmike Cinemas, Inc. Board of Directors Current

Organization Position Status
Carmike Cinemas, Inc. Board of Directors Current
Troutman Sanders LLP Partner Former
NDCHealth Corporation General Counsel Former
Carmike Cinemas, Inc. Corporate Governance Committee Chairman Former
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     CKEC $5.93 +0.26 (4.59% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 72,220
Shares Outstanding 12.86M
Market Cap 76.3M
Year High 11.54
Year Low 1
Earnings Per Share -4.40
P/E Ratio -1.35
Dividend 0.70
Yield 11.80
IndustryTop Rated

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