STOCKHOLDERS' DEFICIT (Tables)

12 Months Ended

Dec. 31, 2024


		Common Stock				AMC Preferred Equity Units
		December 31,				December 31,
(In millions)		2024	2023	2022		2024	2023	2022
Shares or units issued		75.5	88.0	-		-	7.1	20.8
Gross proceeds	$	261.8	675.5	-	$	-	114.5	228.8
Sales agent fees paid		6.4	16.9	-		-	2.9	5.7
Other third-party issuance costs incurred		1.9	1.1	-		-	8.8	5.5
Other third-party issuance costs paid		0.8	0.9	-		-	11.7	2.7

Summary of stock based compensation


	Year Ended
	December 31,		December 31,		December 31,
(In millions)	2024		2023		2022
Equity classified awards:
Special awards expense	$	2.1	$	20.2	$	—
Board of director stock award expense		1.0		0.9		0.8
Restricted stock unit expense		12.3		14.3		13.3
Performance stock unit expense		6.5		6.7		8.4
Total equity classified awards:		21.9		42.1		22.5
Liability classified awards:
Restricted and performance stock unit expense		0.1		0.4		—
Total liability classified awards:		0.1		0.4		—
Total stock-based compensation expense	$	22.0	$	42.5	$	22.5

Schedule of stock award granted


	Year Ended
	December 31, 2024	December 31, 2023	December 31, 2022
Common Stock	202,392	8,560	4,165
AMC Preferred Equity Units	—	15,376	4,165

Schedule of Nonvested RSU, PSU and SPSU Activity



		Weighted
		Average
	Common Stock	Grant Date
	RSUs and PSUs (3)	Fair Value
Beginning balance at January 1, 2022	1,568,452	$	39.60
Granted	167,679		97.50
Vested	(563,634)		35.90
Forfeited	(71,688)		58.60
Cancelled (1)	(474,659)		35.90
Nonvested at January 1, 2023	626,150		59.10
Granted	517,067		36.73
Granted - Special Award	477,918		42.25
Vested	(222,920)		57.43
Vested - Special Award	(257,945)		42.18
Forfeited	(22,119)		45.32
Cancelled (1)	(150,755)		60.14
Cancelled - Special Award (1)	(219,973)		42.34
Nonvested at January 1, 2024	747,423		44.35
Granted (2)	3,604,916		5.11
Granted - Special Award	456,226		4.42
Vested	(246,982)		43.84
Vested - Special Award	(242,360)		4.42
Forfeited (2)	(1,228)		36.26
Cancelled (1)	(228,015)		43.86
Cancelled - Special Award (1)	(213,866)		4.42
Nonvested at December 31, 2024	3,876,114		7.92
Tranche Years 2025 and 2026 awarded under the 2024 PSU award and Tranche Year 2025 awarded under the 2023 PSU award with grant date fair values to be determined in year 2025 and 2026, respectively	1,653,656
Total Nonvested at December 31, 2024	5,529,770

(1)

Represents vested RSUs and PSUs surrendered in lieu of taxes and cancelled awards returned.

(2)

The number of PSU shares granted and forfeited under the Tranche Year 2023 is based on attainment of performance targets at 98% for the Adjusted EBITDA target and 200% for the free cash flow target.

(3)

Includes AMC Preferred Equity Unit RSUs and PSUs that were subsequently converted to Common Stock RSUs and PSUs as a result of the Charter Amendments.