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Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2012	Jan. 31, 2013	Jun. 30, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	IMAX Corporation
Entity Central Index Key	0000921582
Document Type	10-K
Document Period End Date	Dec. 31, 2012
Amendment Flag	false
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q4
Current Fiscal Year End Date	--12-31
Entity Well Known Seasoned Issuer	Yes
Entity Voluntary Filers	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 1,366.2
Entity Common Stock Shares Outstanding		66,591,749

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 21,336	$ 18,138
Accounts receivable, net of allowance for doubtful accounts of $1,564 (December 31, 2011 - $1,840)	42,007
Financing receivables (notes 5 and 21(c))	94,193
Inventories (note 6)	15,794
Prepaid expenses	3,833
Film assets (note 7)	3,737	2,388
Property, plant and equipment (note 8)	113,610	101,253
Other assets (notes 9, 21(d) and 21(e))	23,963	14,238
Deferred income taxes (note 10)	36,461
Goodwill	39,027
Other intangible assets (note 11)	27,911
Total assets (note 12)	421,872
Liabilities
Bank indebtedness (note 12)	11,000	55,083
Accounts payable	15,144
Accrued and other liabilities notes 7, 13(a), 13(c), 14, 15(c), 21(a), 21(d), 22 and 23)	68,695
Deferred revenue	73,954
Total liabilities	168,793
Commitments, contingencies and guarantees (notes 13 and 14)
Shareholders' equity
Capital stock (note 15) common shares - no par value. Authorized - unlimited number. Issued and outstanding - 66,482,425 (December 31, 2011 - 65,052,740)	313,744
Other equity	28,892
Deficit	(87,166)
Accumulated other comprehensive loss	(2,391)
Total shareholders' equity	253,079
Total liabilities and shareholders' equity	$ 421,872
As Revised (note 4)
Assets
Cash and cash equivalents		18,138
Accounts receivable, net of allowance for doubtful accounts of $1,564 (December 31, 2011 - $1,840)		46,659
Financing receivables (notes 5 and 21(c))		86,714
Inventories (note 6)		19,747
Prepaid expenses		3,126
Film assets (note 7)		2,388
Property, plant and equipment (note 8)		101,253
Other assets (notes 9, 21(d) and 21(e))		14,238
Deferred income taxes (note 10)		51,046
Goodwill		39,027
Other intangible assets (note 11)		24,913
Total assets (note 12)		407,249
Liabilities
Bank indebtedness (note 12)		55,083
Accounts payable		28,985
Accrued and other liabilities notes 7, 13(a), 13(c), 14, 15(c), 21(a), 21(d), 22 and 23)		58,855
Deferred revenue		74,458
Total liabilities		217,381
Commitments, contingencies and guarantees (notes 13 and 14)
Shareholders' equity
Capital stock (note 15) common shares - no par value. Authorized - unlimited number. Issued and outstanding - 66,482,425 (December 31, 2011 - 65,052,740)		303,395
Other equity		17,510
Deficit		(128,503)
Accumulated other comprehensive loss		(2,534)
Total shareholders' equity		189,868
Total liabilities and shareholders' equity		$ 407,249

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Assets
Allowance for doubtful accounts	$ 1,564	$ 1,840
Shareholders' equity
Common stock, share issued	66,482,425	65,052,740
Common stock, share outstanding	66,482,425	65,052,740

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Revenue
Equipment and product sales	$ 78,161
Services (note 16(c))	136,606
Rentals (note 16(c))	61,268
Finance income	7,523
Other (note 16(a))	732	$ 3,800	$ 400
Revenues	284,290	236,556	248,614
Costs and expenses applicable to revenues (note 2(m))
Equipment and product sales	37,538
Services (note 16(c))	72,617
Rentals	21,402
Other	0
Cost and expenses applicable to revenues, total	131,557
Gross margin	152,733	113,218	137,652
Selling, general and administrative expenses (note 16(b)) (including share-based compensation expense of $13.1 million, $11.7 million and $26.0 million for 2012, 2011 and 2010, respectively)	81,560
Provision for arbitration award (note 14(c))	0
Research and development	11,411
Amortization of intangibles	706
Receivable provisions, net of recoveries (note 17)	524	1,570	1,443
Asset impairments (note 18)	0	28	45
Impairment of available-for-sale investment	150
Income from operations	58,382
Interest income	85
Interest expense (note 10(g))	(689)
Income from operations before income taxes	57,778
(Provision for) recovery of income taxes	(15,079)
Loss from equity-accounted investments	(1,362)
Net income	$ 41,337
Net income per share - basic and diluted: (note 15(d))
Net income per share - basic	$ 0.63
Net income per share - diluted	$ 0.61
As Revised (note 4)
Revenue
Equipment and product sales		85,016	72,578
Services (note 16(c))		106,720	123,911
Rentals (note 16(c))		34,810	46,936
Finance income		6,162	4,789
Other (note 16(a))		3,848	400
Revenues		236,556	248,614
Costs and expenses applicable to revenues (note 2(m))
Equipment and product sales		38,742	36,394
Services (note 16(c))		69,277	63,425
Rentals		14,301	11,111
Other		1,018	32
Cost and expenses applicable to revenues, total		123,338	110,962
Gross margin		113,218	137,652
Selling, general and administrative expenses (note 16(b)) (including share-based compensation expense of $13.1 million, $11.7 million and $26.0 million for 2012, 2011 and 2010, respectively)		73,157	78,757
Provision for arbitration award (note 14(c))		2,055	0
Research and development		7,829	6,249
Amortization of intangibles		465	513
Receivable provisions, net of recoveries (note 17)		1,570	1,443
Asset impairments (note 18)		28	45
Impairment of available-for-sale investment		0	0
Income from operations		28,114	50,645
Interest income		57	399
Interest expense (note 10(g))		(1,827)	(1,885)
Income from operations before income taxes		26,344	49,159
(Provision for) recovery of income taxes		(9,293)	52,574
Loss from equity-accounted investments		(1,791)	(493)
Net income		$ 15,260	$ 101,240
Net income per share - basic and diluted: (note 15(d))
Net income per share - basic		$ 0.24	$ 1.59
Net income per share - diluted		$ 0.22	$ 1.52

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Condensed Consolidated Statements of Operations [Abstract]
Compensation expense	$ 13.1	$ 11.7	$ 26.0

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Net income	$ 41,337
Amortization of defined benefit plan prior service costs (note 22(a))	0	$ 0	$ 0
Unrealized defined benefit plan actuarial loss (note 22(a))	(1,104)
Realized actuarial gain on settlement of pension liability (note 22(a))	0
Amortization of defined benefit plan actuarial loss (note 22(a))	365
Unrealized postretirement benefit plan actuarial loss (note 22(d))	(129)
Unrealized net gain (loss) from cash flow hedging instruments (note 21(d))	716
Realization of cash flow hedging net gains upon settlement (note 21(d))	(236)
Change in market value of available-for-sale investment (note 21(b))	338
Other than temporary impairment of available-for-sale investment, net (note 21(b))	150	0	0
Other comprehensive income (loss), before tax:	100
Income tax recovery allocated to other comprehensive income (loss) (note 10(h))	(43)
Comprehensive income	$ 41,480
As Revised (note 4)
Net income		15,260	101,240
Unrealized defined benefit plan actuarial loss (note 22(a))		(603)	(2,646)
Realized actuarial gain on settlement of pension liability (note 22(a))		0	385
Amortization of defined benefit plan actuarial loss (note 22(a))		214	0
Unrealized postretirement benefit plan actuarial loss (note 22(d))		(234)	(237)
Unrealized net gain (loss) from cash flow hedging instruments (note 21(d))		(162)	797
Realization of cash flow hedging net gains upon settlement (note 21(d))		(684)	(665)
Change in market value of available-for-sale investment (note 21(b))		(488)	0
Other than temporary impairment of available-for-sale investment, net (note 21(b))		0	0
Other comprehensive income (loss), before tax:		(1,957)	(3,136)
Income tax recovery allocated to other comprehensive income (loss) (note 10(h))		(446)	(1,067)
Comprehensive income		$ 13,749	$ 99,171

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Operating Activities
Net income	$ 41,337
Adjustments to reconcile net income to cash from operations:
Depreciation and amortization (notes 19(c) and 20(a))	32,788	$ 25,163	$ 20,536
Write-downs, net of recoveries (notes 19(d) and 20(a))	1,607	1,954	2,551
Change in deferred income taxes	14,724
Stock and other non-cash compensation	14,220
Provision for arbitration award (note 14(c))	0
Unrealized foreign currency exchange (gain) loss	(329)
Loss from equity-accounted investments	1,362
Gain on non-cash contribution to equity-accounted investees	0
Change in cash surrender value of life insurance	0
Investment in film assets	(16,817)
Changes in other non-cash operating assets and liabilities (note 19(a))	(15,262)	(49,379)	(28,682)
Net cash provided by operating activities	73,630
Investing Activities
Purchase of property, plant and equipment	(6,055)
Investment in joint revenue sharing equipment	(23,257)
Investment in new business ventures	(381)
Cash surrender value of life insurance	0
Acquisition of other assets	0
Acquisition of other intangible assets	(5,826)
Net cash used in investing activities	(35,519)
Financing Activities
Increase in bank indebtedness (note 12)	9,917
Repayment of bank indebtedness (note 12)	(54,000)
Common shares issued - stock options exercised (note 15(b))	8,920
Proceeds from disgorgement of stock sale profits	314
Credit facility amendment fees paid	0
Net cash provided by (used in) financing activities	(34,849)
Effects of exchange rate changes on cash	(64)
Increase (decrease) in cash and cash equivalents during the year	3,198
Cash and cash equivalents, beginning of year	18,138
Cash and cash equivalents, end of year	21,336	18,138
As Revised (note 4)
Operating Activities
Net income		15,260	101,240
Adjustments to reconcile net income to cash from operations:
Depreciation and amortization (notes 19(c) and 20(a))		25,163	20,536
Write-downs, net of recoveries (notes 19(d) and 20(a))		1,954	2,551
Change in deferred income taxes		7,994	(55,065)
Stock and other non-cash compensation		12,814	28,524
Provision for arbitration award (note 14(c))		2,055	0
Unrealized foreign currency exchange (gain) loss		1,255	(865)
Loss from equity-accounted investments		1,791	493
Gain on non-cash contribution to equity-accounted investees		(404)	0
Change in cash surrender value of life insurance		0	(107)
Investment in film assets		(12,256)	(10,139)
Changes in other non-cash operating assets and liabilities (note 19(a))		(49,379)	(28,682)
Net cash provided by operating activities		6,247	58,486
Investing Activities
Purchase of property, plant and equipment		(5,528)	(5,338)
Investment in joint revenue sharing equipment		(33,290)	(21,275)
Investment in new business ventures		(2,483)	(3,636)
Cash surrender value of life insurance		0	7,797
Acquisition of other assets		0	(691)
Acquisition of other intangible assets		(22,206)	(681)
Net cash used in investing activities		(63,507)	(23,824)
Financing Activities
Increase in bank indebtedness (note 12)		75,083	0
Repayment of bank indebtedness (note 12)		(37,500)	(32,500)
Common shares issued - stock options exercised (note 15(b))		7,864	8,276
Proceeds from disgorgement of stock sale profits		0	0
Credit facility amendment fees paid		(306)	0
Net cash provided by (used in) financing activities		45,141	(24,224)
Effects of exchange rate changes on cash		(133)	(129)
Increase (decrease) in cash and cash equivalents during the year		(12,252)	10,309
Cash and cash equivalents, beginning of year	$ 18,138	30,390	20,081
Cash and cash equivalents, end of year		$ 18,138	$ 30,390

Consolidated Statements of Shareholder's Equity - USD ($) $ in Thousands	Total	Capital Units [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance as at \| As Revised (note 4)	$ 42,135				$ (245,003)	$ 1,046
Balance as at			$ 280,048	$ 6,044
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2009	62,831,974	62,831,974
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income \| As Revised (note 4)	$ 101,240				101,240
Paid-in-capital for non employee stock options granted (note 15(c)) \| As Revised (note 4)	383
Paid-in-capital for non employee stock options granted (note 15(c))				383
Issuance of common shares for stock options exercised	$ 8,300		8,063
Common shares issued pursuant to exercise of stock options	1,313,599	1,090,782
Issuance of common shares pursuant to exercise of stock options by non-employees			3,016
Common shares issued pursuant to exercise of stock options by non-employees		222,817
Paid-in-capital for non-employee stock options exercised				(1,102)
Paid-in-capital for employee stock options exercised				(1,696)
Employee stock options exercised \| As Revised (note 4)	$ 6,367
Non-employee stock options exercised \| As Revised (note 4)	1,914
Paid-in-capital for employee stock options granted (note 15(c)) \| As Revised (note 4)	4,058
Paid-in-capital for employee stock options granted (note 15(c))				4,058
Disgorgement of profit \| As Revised (note 4)	0
Unrecognized defined benefit plan actuarial loss, net (note 22) \| As Revised (note 4)	(1,985)					(1,985)
Unrealized postretirement benefit plan actuarial loss, net (note 22(d)) \| As Revised (note 4)	(166)					(166)
Unrealized net gain on cash flow hedging instruments, net (note 21) \| As Revised (note 4)	(50)					(50)
Tax recovery related to share issuance expenses \| As Revised (note 4)	1,850
Tax recovery related to share issuance expenses			1,850
Realized actuarial gain on settlement of defined pension plan liability (net of tax) (note 21) \| As Revised (note 4)	$ 132					132
Common Stock, Shares, Outstanding, Ending Balance at Dec. 31, 2010	64,145,573	64,145,573
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance as at \| As Revised (note 4)	$ 155,878				(143,763)	(1,023)
Balance as at			292,977	7,687
Net income \| As Revised (note 4)	15,260				15,260
Paid-in-capital for non employee stock options granted (note 15(c)) \| As Revised (note 4)	2,375
Paid-in-capital for non employee stock options granted (note 15(c))				2,375
Issuance of common shares for stock options exercised	$ 7,900		5,173
Common shares issued pursuant to exercise of stock options	907,167	763,056
Issuance of common shares pursuant to exercise of stock options by non-employees			5,245
Common shares issued pursuant to exercise of stock options by non-employees		144,111
Paid-in-capital for non-employee stock options exercised				(1,823)
Paid-in-capital for employee stock options exercised				(731)
Employee stock options exercised \| As Revised (note 4)	$ 4,442
Non-employee stock options exercised \| As Revised (note 4)	3,422
Paid-in-capital for employee stock options granted (note 15(c)) \| As Revised (note 4)	9,391
Paid-in-capital for employee stock options granted (note 15(c))				9,391
Disgorgement of profit \| As Revised (note 4)	0
Utilization of windfall tax benefits from employee stock options (note 10(f)) \| As Revised (note 4)	611
Utilization of windfall tax benefits from employee stock options (note 10(f))				611
Unrecognized defined benefit plan actuarial loss, net (note 22) \| As Revised (note 4)	(458)					(458)
Amortization of actuarial loss on defined benefit plan, net (note 22) \| As Revised (note 4)	161					161
Unrealized postretirement benefit plan actuarial loss, net (note 22(d)) \| As Revised (note 4)	(176)					(176)
Unrealized chane in cash flow hedging instruments, net (note 21) \| As Revised (note 4)	(117)					(117)
Realization of cash flow hedging gains upon settlement, net (note 22) \| As Revised (note 4)	(494)					(494)
Unrealized change in market value of available-for-sale investment, net (note 21) \| As Revised (note 4)	$ (427)					(427)
Common Stock, Shares, Outstanding, Ending Balance at Dec. 31, 2011	65,052,740	65,052,740
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance as at \| As Revised (note 4)	$ 189,868				(128,503)	(2,534)
Balance as at			303,395	17,510
Net income	41,337				41,337
Paid-in-capital for non employee stock options granted (note 15(c))	115			115
Issuance of common shares for stock options exercised	$ 8,900		9,946
Common shares issued pursuant to exercise of stock options	1,429,685	1,414,685
Issuance of common shares pursuant to exercise of stock options by non-employees			403
Common shares issued pursuant to exercise of stock options by non-employees		15,000
Paid-in-capital for non-employee stock options exercised				(150)
Paid-in-capital for employee stock options exercised				(1,279)
Employee stock options exercised	$ 8,667
Non-employee stock options exercised	253
Paid-in-capital for employee stock options granted (note 15(c))	12,359			12,359
Disgorgement of profit	314			314
Utilization of windfall tax benefits from employee stock options (note 10(f))	23			23
Unrecognized defined benefit plan actuarial loss, net (note 22)	(819)					(819)
Amortization of actuarial loss on defined benefit plan, net (note 22)	274					274
Unrealized postretirement benefit plan actuarial loss, net (note 22(d))	(96)					(96)
Unrealized chane in cash flow hedging instruments, net (note 21)	531					531
Realization of cash flow hedging gains upon settlement, net (note 22)	(174)					(174)
Unrealized change in market value of available-for-sale investment, net (note 21)	296					296
Other than temporary impairment of available-for-sale investment, net (note 21(b))	$ 131					131
Common Stock, Shares, Outstanding, Ending Balance at Dec. 31, 2012	66,482,425	66,482,425
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance as at	$ 253,079		$ 313,744	$ 28,892	$ (87,166)	$ (2,391)

Description of the Business

12 Months Ended

Dec. 31, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description of the Business [Text Block]

1. Description of the Business

IMAX Corporation together with its consolidated wholly-owned subsidiaries (the “Company”) is an entertainment technology company specializing in digital and film-based motion picture technologies, whose principal activities are the:

• design, manufacture, sale and lease of proprietary theater systems for IMAX theaters principally owned and operated by commercial and institutional customers located in 53 countries as at December 31, 2012;

• production, digital re-mastering, post-production and/or distribution of certain films shown throughout the IMAX theater network;

• provision of other services to the IMAX theater network, including ongoing maintenance and extended warranty services for IMAX theater systems;

• operation of certain theaters primarily in the United States; and

• other activities, which includes short-term rental of cameras and aftermarket sales of projector system components.

The Company refers to all theaters using the IMAX theater system as “IMAX theaters.”

The Company's revenues from equipment and product sales include the sale and sales-type leasing of its theater systems and sales of their associated parts and accessories, contingent rentals on sales-type leases and contingent additional payments on sales transactions.

The Company's revenues from services include the provision of maintenance and extended warranty services, digital re-mastering services, film production and film post-production services, film distribution, and the operation of certain theaters.

The Company's rentals include revenues from the leasing of its theater systems that are operating leases, contingent rentals on operating leases, joint revenue sharing arrangements and the rental of the Company's cameras and camera equipment.

The Company's finance income represents interest income arising from the sales-type leases and financed sales of the Company's theater systems.

The Company's other revenues include the settlement of contractual obligations with customers.

New Accounting Pronouncements and Changes in Accounting Principles	12 Months Ended
	Dec. 31, 2012
New Accounting Standards and Accounting Changes [Abstract]
New Accounting Standards and Accounting Changes [Text Block]	3. New Accounting Standards and Accounting Changes Changes in Accounting Policies In May 2011, the FASB issued ASU No. 2011-04, “Fair Value Measurement (ASC Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs” (“ASU 2011-04”). The standards set forth in ASU 2011-04 supersede most of the accounting guidance currently found in Topic 820 of the FASB's ASC. The amendments will improve comparability of fair value measurements presented and disclosed in financial statements prepared with U.S. GAAP and International Financial Reporting Standards (“IFRS”). The amendments also clarify the application of existing fair value measurement requirements. These amendments include (1) the application of the highest and best use and valuation premise concepts, (2) measuring the fair value of an instrument classified in a reporting entity's shareholders' equity and (3) disclosing quantitative information about the unobservable inputs used within the Level 3 hierarchy. For public entities, the amendments are effective for interim and annual periods beginning after December 15, 2011 on a prospective basis. Early application by public entities is not permitted. On January 1, 2012, the Company adopted the disclosure requirements amendments in ASU 2011-04 relating to Level 3 fair value measurements and accordingly, has expanded disclosures as presented in note 21(b). In October 2012, The FASB issued ASU No. 2012-07, “Entertainment – Films (Topic 926): Accounting for Fair Value Information That Arises after the Measurement Date and Its Inclusion in the Impairment Analysis of Unamortized Film Costs” (“ASU 2012-07”). ASU 2012-07 eliminates the presumption that conditions leading to the write-off after the Balance Sheet date existed at the Balance Sheet date and also eliminates the requirement that changes to estimates due to consideration of a subsequent event are considered in the fair value measurements, unless the information would have been considered by the market participants. For public entities, the amendments are effective for impairment assessments performed on or after December 15, 2012 on a prospective basis. On December 31, 2012, the Company adopted the amendments in ASU 2012-07. No changes in the assessment of film costs or additional disclosures were required as a result of the adoption of ASU 2012-07.
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	Recently Issued FASB Accounting Standard Codification Updates In December 2011, the FASB issued ASU No. 2011-11, “Balance Sheet - Disclosures about Offsetting Assets and Liabilities (ASC Topic 210)”. The purpose of the amendment is to provide greater clarity within disclosures between entities reporting in U.S. GAAP versus IFRS that have offsetting (netting) assets and liabilities. Entities will be required to disclose both gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. An entity is required to apply the amendments in ASU 2011-11 for annual reporting periods beginning on or after January 1, 2013 and interim periods within those annual periods. It is to be applied retrospectively for all comparative periods presented. On January 1, 2013 the Company adopted the amended ASC 210 standard. The adoption of this standard is not expected to have a material impact however it may expand the Company's disclosures in its condensed consolidated financial statements for the period ending March 31, 2013.

- Definition

The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.

+ References + Details

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Significant Accounting Policies [Text Block]

2. Summary of Significant Accounting Policies

Significant accounting policies are summarized as follows:

The Company prepares its consolidated financial statements in accordance with U.S. GAAP.

(a) Basis of Consolidation

The consolidated financial statements include the accounts of the Company together with its wholly-owned subsidiaries, except for subsidiaries which the Company has identified as variable interest entities (“VIEs”) where the Company is not the primary beneficiary.

The Company has evaluated its various variable interests to determine whether they are VIEs as required by the Consolidation Topic of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC” or “Codification”). The Company has 9 film production companies that are VIEs. For 2 of the Company's film production companies, the Company has determined that it is the primary beneficiary of these entities as the Company has the power to direct the activities of the respective VIE that most significantly impact the respective VIE's economic performance and has the obligation to absorb losses of the VIE that could potentially be significant to the respective VIE or the right to receive benefits from the respective VIE that could potentially be significant to the respective VIE. The Company continues to consolidate these entities, with no material impact on the operating results or financial condition of the Company, as these production companies have total assets of $nil (December 31, 2011 — $nil) and total liabilities of $nil as at December 31, 2012 (December 31, 2011 — $nil). For the other 7 film production companies which are VIEs, the Company did not consolidate these film entities since it does not have the power to direct activities and does not absorb the majority of the expected losses or expected residual returns. The Company equity accounts for these entities. As at December 31, 2012, these 7 VIEs have total assets and total liabilities of $15.9 million (December 31, 2011 — $12.7 million). Earnings of the investees included in the Company's consolidated statement of operations amounted to $nil in 2012 (2011 — $nil). The carrying value of these investments in VIEs that are not consolidated is $nil at December 31, 2012 (December 31, 2011 — $nil). A loss in value of an investment other than a temporary decline is recognized as a charge to the consolidated statement of operations. The Company's exposure, which is determined based on the level of funding contributed by the Company and the development stage of the respective film, is $0.9 million at December 31, 2012 (2011 — $nil).

The Company accounts for investments in new business ventures using the guidance of the FASB ASC 323 “Investments – Equity Method and Joint Ventures” (“ASC 323”) and ASC 320 “Investments in Debt and Equity Securities” (“ASC 320”), as appropriate. At December 31, 2012, the equity method of accounting is being utilized for an investment with a carrying value of $3.1 million (December 31, 2011 — $4.1 million). The Company has determined it is not the primary beneficiary of this VIE, and therefore it has not been consolidated. In addition, the Company has an investment in preferred stock of another business venture of $1.5 million which meets the criteria for classification as a debt security under ASC 320 and is recorded at its fair value of $1.3 million at December 31, 2012 (December 31, 2011 — $1.0 million). This investment is classified as an available-for-sale investment. The total carrying value of investments in new business ventures at December 31, 2012 and December 31, 2011 is $4.4 million and $5.1 million, respectively, and is recorded in Other Assets.

All significant intercompany accounts and transactions, including all unrealized intercompany profits on transactions with equity-accounted investees, have been eliminated.

(b) Use of Estimates

The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could be materially different from these estimates. Significant estimates made by management include, but are not limited to: selling prices associated with the individual elements in multiple element arrangements; residual values of leased theater systems; economic lives of leased assets; allowances for potential uncollectibility of accounts receivable, financing receivables and net investment in leases; provisions for inventory obsolescence; ultimate revenues for film assets; impairment provisions for film assets, long-lived assets and goodwill; depreciable lives of property, plant and equipment; useful lives of intangible assets; pension plan assumptions; accruals for contingencies including tax contingencies; valuation allowances for deferred income tax assets; and, estimates of the fair value of stock-based payment awards.

The Company considers all highly liquid investments convertible to a known amount of cash and with an original maturity of three months or less to be cash equivalents.

(d) Accounts Receivable and Financing Receivables

Allowances for doubtful accounts receivable are based on the Company's assessment of the collectibility of specific customer balances, which is based upon a review of the customer's credit worthiness, past collection history and the underlying asset value of the equipment, where applicable. Interest on overdue accounts receivable is recognized as income as the amounts are collected.

For trade accounts receivable that have characteristics of both a contractual maturity of one year or less, and arose from the sale of other goods or services, the Company charges off the balance against the allowance for doubtful accounts when it is known that a provided amount will not be collected.

The Company monitors the performance of the theaters to which it has leased or sold theater systems which are subject to ongoing payments. When facts and circumstances indicate that there is a potential impairment in the net investment in lease or a financing receivable, the Company will evaluate the potential outcome of either renegotiations involving changes in the terms of the receivable or defaults on the existing lease or financed sale agreements. The Company will record a provision if it is considered probable that the Company will be unable to collect all amounts due under the contractual terms of the arrangement or a renegotiated lease amount will cause a reclassification of the sales-type lease to an operating lease.

When the net investment in lease or the financing receivable is impaired, the Company will recognize a provision for the difference between the carrying value in the investment and the present value of expected future cash flows discounted using the effective interest rate for the net investment in the lease or the financing receivable. If the Company expects to recover the theater system, the provision is equal to the excess of the carrying value of the investment over the fair value of the equipment.

When the minimum lease payments are renegotiated and the lease continues to be classified as a sales-type lease, the reduction in payments is applied to reduce unearned finance income.

These provisions are adjusted when there is a significant change in the amount or timing of the expected future cash flows or when actual cash flows differ from cash flow previously expected.

Once a net investment in lease or financing receivable is considered impaired, the Company does not recognize interest income until the collectibility issues are resolved. When finance income is not recognized, any payments received are applied against outstanding gross minimum lease amounts receivable or gross receivables from financed sales. Once the collectability issues are resolved, the Company will once again commence the recognition of interest income.

(e) Inventories

Inventories are carried at the lower of cost, determined on an average cost basis, and net realizable value except for raw materials, which are carried at the lower of cost and replacement cost. Finished goods and work-in-process include the cost of raw materials, direct labor, theater design costs, and an applicable share of manufacturing overhead costs.

The costs related to theater systems under sales and sales-type lease arrangements are relieved from inventory to costs and expenses applicable to revenues-equipment and product sales when revenue recognition criteria are met. The costs related to theater systems under operating lease arrangements and joint revenue sharing arrangements are transferred from inventory to assets under construction in property, plant and equipment when allocated to a signed joint revenue sharing arrangement or when the arrangement is first classified as an operating lease.

The Company records provisions for excess and obsolete inventory based upon current estimates of future events and conditions, including the anticipated installation dates for the current backlog of theater system contracts, technological developments, signings in negotiation, growth prospects within the customers' ultimate marketplace and anticipated market acceptance of the Company's current and pending theater systems.

Finished goods inventories can contain theater systems for which title has passed to the Company's customer (as the theater system has been delivered to the customer) but the revenue recognition criteria as discussed in note 2(m) have not been met.

(f) Film Assets

Costs of producing films, including labor, allocated overhead, capitalized interest, and costs of acquiring film rights are recorded as film assets and accounted for in accordance with Entertainment-Films Topic of the FASB ASC. Production financing provided by third parties that acquire substantive rights in the film is recorded as a reduction of the cost of the production. Film assets are amortized and participation costs are accrued using the individual-film-forecast method in the same ratio that current gross revenues bear to current and anticipated future ultimate revenues. Estimates of ultimate revenues are prepared on a title-by-title basis and reviewed regularly by management and revised where necessary to reflect the most current information. Ultimate revenues for films include estimates of revenue over a period not to exceed ten years following the date of initial release.

Film exploitation costs, including advertising costs, are expensed as incurred.

Costs, including labor and allocated overhead, of digitally re-mastering films where the copyright is owned by a third party and the Company shares in the revenue of the third party are included in film assets. These costs are amortized using the individual-film-forecast method in the same ratio that current gross revenues bear to current and anticipated future ultimate revenues from the re-mastered film.

The recoverability of film assets is dependent upon commercial acceptance of the films. If events or circumstances indicate that the recoverable amount of a film asset is less than the unamortized film costs, the film asset is written down to its fair value. The Company determines the fair value of its film assets using a discounted cash flow model.

(g) Property, Plant and Equipment

Property, plant and equipment are recorded at cost and are depreciated on a straight-line basis over their estimated useful lives as follows:

Theater system components (1) — over the equipment's anticipated useful life (7 to 20 years)

Camera equipment — 5 to 10 years

Buildings — 20 to 25 years

Office and production equipment — 3 to 5 years

Leasehold improvements — over the shorter of the initial term of the underlying leases plus any

reasonably assured renewal terms, and the useful life of the asset

__________

(1) includes equipment under joint revenue sharing arrangements.

Equipment and components allocated to be used in future operating leases and joint revenue sharing arrangements, as well as direct labor costs and an allocation of direct production costs, are included in assets under construction until such equipment is installed and in working condition, at which time the equipment is depreciated on a straight-line basis over the lesser of the term of the joint revenue sharing arrangement and the equipment's anticipated useful life.

The Company reviews the carrying values of its property, plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group might not be recoverable. Assets are grouped at the lowest level for which identifiable cash flows are largely independent when testing for, and measuring for, impairment. In performing its review of recoverability, the Company estimates the future cash flows expected to result from the use of the asset or asset group and its eventual disposition. If the sum of the expected undiscounted future cash flows is less than the carrying amount of the asset or asset group, an impairment loss is recognized in the consolidated statements of operations. Measurement of the impairment loss is based on the excess of the carrying amount of the asset or asset group over the fair value calculated using discounted expected future cash flows.

A liability for the fair value of an asset retirement obligation associated with the retirement of tangible long-lived assets and the associated asset retirement costs are recognized in the period in which the liability and costs are incurred if a reasonable estimate of fair value can be made using a discounted cash flow model. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset and subsequently amortized over the asset's useful life. The liability is accreted over the period to expected cash outflows.

(h) Other Assets

Other assets include insurance recoverable, deferred charges on debt financing, deferred selling costs that are direct and incremental to the acquisition of sales contracts, foreign currency derivative gains, lease incentives and investments in new business ventures.

Costs of debt financing are deferred and amortized over the term of the debt using the effective interest method.

Selling costs related to an arrangement incurred prior to recognition of the related revenue are deferred and expensed to costs and expenses applicable to revenues upon (i) recognition of the contract's theater system revenue or (ii) abandonment of the sale arrangement.

Foreign currency derivative gains are accounted for at fair value using quoted prices in closed exchanges (Level 2 input in accordance with the Fair Value Measurements Topic of the FASB ASC hierarchy).

The Company may provide lease incentives to certain exhibitors which are essential to entering into the respective lease arrangement. Lease incentives include payments made to or on behalf of the exhibitor. These lease incentives are recognized as a reduction in rental revenue on a straight-line basis over the term of the lease.

Investments in new business ventures are accounted for using ASC 323 as described in note 2(a). The Company currently accounts for its 10.1% investment in 3net, a 3D television channel operated by a limited liability corporation owned by the Company, using the equity method of accounting. The Company accounts for in-kind contributions to its equity investment in accordance with ASC 845 “Non-Monetary Transactions” (“ASC 845”) whereby if the fair value of the asset or assets contributed is greater than the carrying value a partial gain shall be recognized.

The Company's investment in debt securities is classified as an available-for-sale investment in accordance with ASC 320. Unrealized holding gains and losses for this investment is excluded from earnings and reported in other comprehensive income until realized. Realization occurs upon sale of a portion of or the entire investment. The investment is impaired if the fair value is less than cost, which is assessed in each reporting period. When the Company intends to sell a specifically identified beneficial interest, a write-down for other-than-temporary impairment shall be recognized in earnings.

(i) Goodwill

Goodwill represents the excess of purchase price over the fair value of net identifiable assets acquired in a purchase business combination. Goodwill is not subject to amortization and is tested for impairment annually, or more frequently if events or circumstances indicate that the asset might be impaired. The Company first assesses certain qualitative factors to determine whether the existence of events or circumstances leads to determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, the Company determines it is not more likely than not that the fair value of a reporting unit is less than its carry amount, then performing the two-step impairment test is unnecessary. When necessary, impairment of goodwill is tested at the reporting unit level by comparing the reporting unit's carrying amount, including goodwill, to the fair value of the reporting unit. The fair value of the reporting unit is estimated using a discounted cash flow approach. If the carrying amount of the reporting unit exceeds its fair value, then a second step is performed to measure the amount of impairment loss, if any, by comparing the fair value of each identifiable asset and liability in the reporting unit to the total fair value of the reporting unit. Any impairment loss is expensed in the consolidated statement of operations and is not reversed if the fair value subsequently increases.

(j) Other Intangible Assets

Patents, trademarks and other intangibles are recorded at cost and are amortized on a straight-line basis over estimated useful lives ranging from 4 to 10 years except for intangible assets that have an identifiable pattern of consumption of the economic benefit of the asset, which are amortized over the consumption pattern.

The Company reviews the carrying values of its other intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group might not be recoverable. Assets are grouped at the lowest level for which identifiable cash flows are largely independent when testing for, and measuring for, impairment. In performing its review for recoverability, the Company estimates the future cash flows expected to result from the use of the asset or asset group and its eventual disposition. If the sum of the expected undiscounted future cash flows is less than the carrying amount of the asset or asset group, an impairment loss is recognized in the consolidated statement of operations. Measurement of the impairment loss is based on the excess of the carrying amount of the asset or asset group over the fair value calculated using discounted expected future cash flows.

(k) Deferred Revenue

Deferred revenue represents cash received prior to revenue recognition criteria being met for theater system sales or leases, film contracts, maintenance and extended warranty services, film related services and film distribution.

(l) Income Taxes

Income taxes are accounted for under the liability method whereby deferred income tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the accounting and tax bases of assets and liabilities. Deferred income tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which temporary differences are expected to be recovered or settled. The effect on deferred income tax assets and liabilities of a change in tax rates or laws is recognized in the consolidated statement of operations in the period in which the change is enacted. Investment tax credits are recognized as a reduction of income tax expense.

The Company assesses realization of deferred income tax assets and, based on all available evidence, concludes whether it is more likely than not that the net deferred income tax assets will be realized. A valuation allowance is provided for the amount of deferred income tax assets not considered to be realizable.

The Company is subject to ongoing tax exposures, examinations and assessments in various jurisdictions. Accordingly, the Company may incur additional tax expense based upon the outcomes of such matters. In addition, when applicable, the Company adjusts tax expense to reflect the Company's ongoing assessments of such matters which require judgment and can materially increase or decrease its effective rate as well as impact operating results. The Company provides for such exposures in accordance with the Income Taxes Topic of the FASB ASC.

(m) Revenue Recognition

Multiple Element Arrangements

The Company's revenue arrangements with certain customers may involve multiple elements consisting of a theater system (projector, sound system, screen system and, if applicable, 3D glasses cleaning machine); services associated with the theater system including theater design support, supervision of installation, and projectionist training; a license to use of the IMAX brand; 3D glasses; maintenance and extended warranty services; and licensing of films. The Company evaluates all elements in an arrangement to determine what are considered deliverables for accounting purposes and which of the deliverables represent separate units of accounting based on the applicable accounting guidance in the Leases Topic of the FASB ASC; the Guarantees Topic of the FASB ASC; the Entertainment – Films Topic of FASB ASC; and the Revenue Recognition Topic of the FASB. If separate units of accounting are either required under the relevant accounting standards or determined to be applicable under the Revenue Recognition Topic, the total consideration received or receivable in the arrangement is allocated based on the applicable guidance in the above noted standards.

Theater Systems

The Company has identified the projection system, sound system, screen system and, if applicable, 3D glasses cleaning machine, theater design support, supervision of installation, projectionist training and the use of the IMAX brand to be a single deliverable and a single unit of accounting (the “System Deliverable”). When an arrangement does not include all the elements of a System Deliverable, the elements of the System Deliverable included in the arrangement are considered by the Company to be a single deliverable and a single unit of accounting. The Company is not responsible for the physical installation of the equipment in the customer's facility; however, the Company supervises the installation by the customer. The customer has the right to use the IMAX brand from the date the Company and the customer enter into an arrangement.

The Company's System Deliverable arrangements involve either a lease or a sale of the theater system. Consideration in the Company's arrangements, that are not joint revenue sharing arrangements, consist of upfront or initial payments made before and after the final installation of the theater system equipment and ongoing payments throughout the term of the lease or over a period of time, as specified in the arrangement. The ongoing payments are the greater of an annual fixed minimum amount or a certain percentage of the theater box-office. Amounts received in excess of the annual fixed minimum amounts are considered contingent payments. The Company's arrangements are non-cancellable, unless the Company fails to perform its obligations. In the absence of a material default by the Company, there is no right to any remedy for the customer under the Company's arrangements. If a material default by the Company exists, the customer has the right to terminate the arrangement and seek a refund only if the customer provides notice to the Company of a material default and only if the Company does not cure the default within a specified period.

Sales Arrangements

For arrangements qualifying as sales, the revenue allocated to the System Deliverable is recognized in accordance with the Revenue Recognition Topic of the FASB ASC, when all of the following conditions have been met: (i) the projector, sound system and screen system have been installed and are in full working condition, (ii) the 3D glasses cleaning machine, if applicable, has been delivered, (iii) projectionist training has been completed and (iv) the earlier of (a) receipt of written customer acceptance certifying the completion of installation and run-in testing of the equipment and the completion of projectionist training or (b) public opening of the theater, provided there is persuasive evidence of an arrangement, the price is fixed or determinable and collectibility is reasonably assured.

The initial revenue recognized consists of the initial payments received and the present value of any future initial payments and fixed minimum ongoing payments that have been attributed to this unit of accounting. Contingent payments in excess of the fixed minimum ongoing payments are recognized when reported by theater operators, provided collectibility is reasonably assured.

The Company has also agreed, on occasion, to sell equipment under lease or at the end of a lease term. Consideration agreed to for these lease buyouts is included in revenues from equipment and product sales, when persuasive evidence of an arrangement exists, the fees are fixed or determinable, collectibility is reasonably assured and title to the theater system passes from the Company to the customer.

In a certain sales arrangement not subject to the provisions of the amended FASB ASC 605-25, “Revenue Recognition: Multiple-Element Arrangements” (“ASC 605-25”), as the arrangement was entered into before January 1, 2011 and not materially modified subsequently, the Company provided a customer with digital upgrades on several systems, including several specified upgrades to an as-of-yet undeveloped product. At the current-period-end, the Company has not yet established the fair value of this product, and as a result, the Company cannot determine the arrangement's consideration nor its allocation of consideration between delivered and undelivered items. Consequently, revenue recognition has been deferred for all delivered items in the arrangement. Once the Company determines an objective and reliable fair value of the undeveloped specified upgrade, the Company will be able to calculate total arrangement consideration and consequently, the Company will be able to recognize revenue on the delivered elements of the arrangement. If the arrangement is materially modified in the future such that contract consideration becomes fixed, the arrangement in its entirety would be subject to the provisions of the amended FASB ASC 605-25 and the Company would be required to develop, absent an established selling price for the undeveloped specified upgrade, a best estimated selling price for the undeveloped specified upgrade, allocate the arrangement's consideration on a relative selling price allocation basis, and recognize revenue on the delivered elements based on that allocation.

Lease Arrangements

The Company uses the Leases Topic of FASB ASC to evaluate whether an arrangement is a lease within the scope of the accounting standard. Arrangements not within the scope of the accounting standard are accounted for either as a sales or services arrangement, as applicable.

For lease arrangements, the Company determines the classification of the lease in accordance with the Lease Topic of FASB ASC. A lease arrangement that transfers substantially all of the benefits and risks incident to ownership of the equipment is classified as a sales-type lease based on the criteria established by the accounting standard; otherwise the lease is classified as an operating lease. Prior to commencement of the lease term for the equipment, the Company may modify certain payment terms or make concessions. If these circumstances occur, the Company reassesses the classification of the lease based on the modified terms and conditions.

For sales-type leases, the revenue allocated to the System Deliverable is recognized when the lease term commences, which the Company deems to be when all of the following conditions have been met: (i) the projector, sound system and screen system have been installed and are in full working condition, (ii) the 3D glasses cleaning machine, if applicable, has been delivered, (iii) projectionist training has been completed and (iv) the earlier of (a) receipt of the written customer acceptance certifying the completion of installation and run-in testing of the equipment and the completion of projectionist training or (b) public opening of the theater, provided collectibility is reasonably assured.

The initial revenue recognized for sales-type leases consists of the initial payments received and the present value of future initial payments and fixed minimum ongoing payments computed at the interest rate implicit in the lease. Contingent payments in excess of the fixed minimum payments are recognized when reported by theater operators, provided collectibility is reasonably assured.

For operating leases, initial payments and fixed minimum ongoing payments are recognized as revenue on a straight-line basis over the lease term. For operating leases, the lease term is considered to commence when all of the following conditions have been met: (i) the projector, sound system and screen system have been installed and in full working condition, (ii) the 3D glasses cleaning machine, if applicable, has been delivered, (iii) projectionist training has been completed and (iv) the earlier of (a) receipt of written customer acceptance certifying the completion of installation and run-in testing of the equipment and the completion of projectionist training or (b) public opening of the theater. Contingent payments in excess of fixed minimum ongoing payments are recognized as revenue when reported by theater operators, provided collectibility is reasonably assured.

Revenue from joint revenue sharing arrangements with upfront payments that qualify for classification as sales-type leases is recognized in accordance with the sales-type lease criteria discussed above. Contingent revenues from joint revenue sharing arrangements is recognized as box office results and concessions revenues are reported by the theater operator, provided collectibility is reasonably assured.

Finance Income

Finance income is recognized over the term of the sales-type lease or financed sales receivable, provided collectibility is reasonably assured. Finance income recognition ceases when the Company determines that the associated receivable is not collectible.

Finance income is suspended when the Company identifies a theater that is delinquent, non-responsive or not negotiating in good faith with the Company. Once the collectability issues are resolved the Company will resume recognition of finance income.

Improvements and Modifications

Improvements and modifications to the theater system after installation are treated as separate revenue transactions, if and when the Company is requested to perform these services. Revenue is recognized for these services when the performance of the services has been completed, provided there is persuasive evidence of an arrangement, the fee is fixed or determinable and collectibility is reasonably assured.

Cost of Equipment and Product Sales

Theater systems and other equipment subject to sales-type leases and sales arrangements includes the cost of the equipment and costs related to project management, design, delivery and installation supervision services as applicable. The costs related to theater systems under sales and sales-type lease arrangements are relieved from inventory to costs and expenses applicable to revenues-equipment and product sales when revenue recognition criteria are met. In addition, the Company defers direct selling costs such as sales commissions and other amounts related to these contracts until the related revenue is recognized. These costs included in costs and expenses applicable to revenues-equipment and product sales, totaled $2.7 million in 2012 (2011 – $2.4 million, 2010 – $1.9 million). The cost of equipment and product sales prior to direct selling costs was $34.8 million in 2012 (2011 – $36.3 million, 2010 – $34.5 million). The Company may have warranty obligations at or after the time revenue is recognized which require replacement of certain parts that do not affect the functionality of the theater system or services. The costs for warranty obligations for known issues are accrued as charges to costs and expenses applicable to revenues-equipment and product sales at the time revenue is recognized based on the Company's past historical experience and cost estimates.

Cost of Rentals

For theater systems and other equipment subject to an operating lease or placed in a theater operators' venue under a joint revenue sharing arrangement, the cost of equipment and those costs that result directly from and are essential to the arrangement, is included within property, plant and equipment. Depreciation and impairment losses, if any, are included in cost of rentals based on the accounting policy set out in note 2(g). Commissions are recognized as costs and expenses applicable to revenues-rentals in the month they are earned, which is typically the month of installation. These costs totaled $1.5 million in 2012 (2011 — $2.3 million, 2010 — $2.1 million). Direct advertising and marketing costs for each theater are charged to costs and expenses applicable to revenues-rentals as incurred. These costs totaled $1.9 million in 2012 (2011 — $3.2 million, 2010 — $2.1 million).

Terminations, Consensual Buyouts and Concessions

The Company enters into theater system arrangements with customers that contain customer payment obligations prior to the scheduled installation of the theater system. During the period of time between signing and the installation of the theater system, which may extend several years, certain customers may be unable to, or elect not to, proceed with the theater system installation for a number of reasons including business considerations, or the inability to obtain certain consents, approvals or financing. Once the determination is made that the customer will not proceed with installation, the arrangement may be terminated under the default provisions of the arrangement or by mutual agreement between the Company and the customer (a “consensual buyout”). Terminations by default are situations when a customer does not meet the payment obligations under an arrangement and the Company retains the amounts paid by the customer. Under a consensual buyout, the Company and the customer agree, in writing, to a settlement and to release each other of any further obligations under the arrangement or an arbitrated settlement is reached. Any initial payments retained or additional payments received by the Company are recognized as revenue when the settlement arrangements are executed and the cash is received, respectively. These termination and consensual buyout amounts are recognized in Other revenues.

In addition, the Company could agree with customers to convert their obligations for other theater system configurations that have not yet been installed to arrangements to acquire or lease the IMAX digital theater system. The Company considers these situations to be a termination of the previous arrangement and origination of a new arrangement for the IMAX digital theater system. For all arrangements entered into or modified prior to the date of adoption of the amended FASB ASC 605-25, the Company continues to defer an amount of any initial fees received from the customer such that the aggregate of the fees deferred and the net present value of the future fixed initial and ongoing payments to be received from the customer equals the selling price of the IMAX digital theater system to be leased or acquired by the customer. Any residual portion of the initial fees received from the customer for the terminated theater system is recorded in other revenues at the time when the obligation for the original theater system is terminated and the new theater system arrangement is signed. Under the amended FASB ASC 605-25, for all arrangements entered into or materially modified after the date of adoption, the total arrangement consideration to be received is allocated on a relative selling price basis to the digital upgrade and the termination of the previous theater system. The arrangement consideration allocated to the termination of the existing arrangement is recorded in Other revenues at the time when the obligation for the original theater system is terminated and the new theater system arrangement is signed.

The Company may offer certain incentives to customers to complete theater system transactions including payment concessions or free services and products such as film licenses or 3D glasses. Reductions in, and deferral of, payments are taken into account in determining the sales price either by a direct reduction in the sales price or a reduction of payments to be discounted in accordance with the Leases or Interests Topic of the FASB ASC. Free products and services are accounted for as separate units of accounting. Other consideration given by the Company to customers are accounted for in accordance with the Revenue Recognition Topic of the FASB ASC.

Maintenance and Extended Warranty Services

Maintenance and extended warranty services may be provided under a multiple element arrangement or as a separately priced contract. Revenues related to these services are deferred and recognized on a straight-line basis over the contract period and are recognized in Services revenues. Maintenance and extended warranty services includes maintenance of the customer's equipment and replacement parts. Under certain maintenance arrangements, maintenance services may include additional training services to the customer's technicians. All costs associated with this maintenance and extended warranty program are expensed as incurred. A loss on maintenance and extended warranty services is recognized if the expected cost of providing the services under the contracts exceeds the related deferred revenue.

Film Production and IMAX DMR Services

In certain film arrangements, the Company produces a film financed by third parties whereby the third party retains the copyright and the Company obtains exclusive distribution rights. Under these arrangements, the Company is entitled to receive a fixed fee or to retain as a fee the excess of funding over cost of production (the “production fee”). The third parties receive a portion of the revenues received by the Company from distributing the film, which is charged to costs and expenses applicable to revenues-services. The production fees are deferred, and recognized as a reduction in the cost of the film based on the ratio of the Company's distribution revenues recognized in the current period to the ultimate distribution revenues expected from the film. Film exploitation costs, including advertising and marketing totaled $3.3 million in 2012 (2011 — $3.8 million, 2010 — $2.1 million) and are recorded in costs and expenses applicable to revenues-services as incurred.

Revenue from film production services where the Company does not hold the associated distribution rights are recognized in Services revenues when performance of the contractual service is complete, provided there is persuasive evidence of an agreement, the fee is fixed or determinable and collectibility is reasonably assured.

Revenues from digitally re-mastering (IMAX DMR) films where third parties own or hold the copyrights and the rights to distribute the film are derived in the form of processing fees and recoupments calculated as a percentage of box-office receipts generated from the re-mastered films. Processing fees are recognized as Services revenues when the performance of the related re-mastering service is completed provided there is persuasive evidence of an arrangement, the fee is fixed or determinable and collectibility is reasonably assured. Recoupments, calculated as a percentage of box-office receipts, are recognized as Services revenue when box-office receipts are reported by the third party that owns or holds the related film rights, provided collectibility is reasonably assured.

Losses on film production and IMAX DMR services are recognized as costs and expenses applicable to revenues-services in the period when it is determined that the Company's estimate of total revenues to be realized by the Company will not exceed estimated total production costs to be expended on the film production and the cost of IMAX DMR services.

Film Distribution

Revenue from the licensing of films is recognized in Services revenues when persuasive evidence of a licensing arrangement exists, the film has been completed and delivered, the license period has begun, the fee is fixed or determinable and collectibility is reasonably assured. When license fees are based on a percentage of box-office receipts, revenue is recognized when box-office receipts are reported by exhibitors, provided collectibility is reasonably assured. Film exploitation costs, including advertising and marketing, totaled $1.5 million in 2012 (2011 — $1.9 million, 2010 — $0.7 million) and are recorded in costs and expenses applicable to revenues-services as incurred.

Film Post-Production Services

Revenues from post-production film services are recognized in Services revenues when performance of the contracted services is complete provided there is persuasive evidence of an arrangement, the fee is fixed or determinable and collectibility is reasonably assured.

Other

The Company recognizes revenue in Services revenues from its owned and operated theaters resulting from box-office ticket and concession sales as tickets are sold, films are shown and upon the sale of various concessions. The sales are cash or credit card transactions with theatergoers based on fixed prices per seat or per concession item.

In addition, the Company enters into commercial arrangements with third party theater owners resulting in the sharing of profits and losses which are recognized in Services revenues when reported by such theaters. The Company also provides management services to certain theaters and recognizes revenue over the term of such services.

Revenues on camera rentals are recognized in Rental revenues over the rental period.

Revenue from the sale of 3D glasses is recognized in Equipment and product sales revenue when the 3D glasses have been delivered to the customer.

Other service revenues are recognized in Service revenues when the performance of contracted services is complete.

(n) Research and Development

Research and development costs are expensed as incurred and primarily include projector and sound parts, labor, consulting fees, allocation of overheads and other related materials which pertain to the Company's development of ongoing product and services. Research and development costs pertaining to fixed and intangible assets that have alternative future uses are capitalized and amortized under their related policies.

(o) Foreign Currency Translation

Monetary assets and liabilities of the Company's operations which are denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the end of the period. Non-monetary items are translated at historical exchange rates. Revenue and expense transactions are translated at exchange rates prevalent at the transaction date. Such exchange gains and losses are included in the determination of earnings in the period in which they arise. The Company has determined that the functional currency of all its wholly-owned subsidiaries is the United States dollar.

Foreign currency derivatives are recognized and measured in the balance sheet at fair value. Changes in the fair value (gains or losses) are recognized in the consolidated statement of operations except for derivatives designated and qualifying as foreign currency hedging instruments. For foreign currency hedging instruments, the effective portion of the gain or loss in a hedge of a forecasted transaction is reported in other comprehensive income and reclassified to the consolidated statement of operations when the forecasted transaction occurs. Any ineffective portion is recognized immediately in the consolidated statement of operations.

(p) Stock-Based Compensation

The Company's stock-based compensation is recognized in accordance with the FASB ASC Topic 505, “Equity” and Topic 718, “Compensation-Stock Compensation.”

The Company estimates the fair value of employee stock-based payment awards on the date of grant using fair value measurement techniques such as an option-pricing model. The value of the portion of the employee award that is ultimately expected to vest is recognized as expense over the requisite service periods in the Company's consolidated statement of operations.

The Company utilizes a lattice-binomial option-pricing model (“Binomial Model”) to determine the fair value of stock-based payment awards. The fair value determined by the Binomial Model is affected by the Company's stock price as well as assumptions regarding a number of highly complex and subjective variables. These variables include, but are not limited to, the Company's expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The Binomial Model also considers the expected exercise multiple which is the multiple of exercise price to grant price at which exercises are expected to occur on average. Option-pricing models were developed for use in estimating the value of traded options that have no vesting or hedging restrictions and are fully transferable. Because the Company's employee stock options have certain characteristics that are significantly different from traded options, and because changes in the subjective assumptions can materially affect the estimated value, in management's opinion, the Binomial Model best provides a fair measure of the fair value of the Company's employee stock options. See note 15(c) for the assumptions used to determine the fair value of stock-based payment awards.

Stock-based compensation expense includes compensation cost for employee stock-based payment awards granted and all modified, repurchased or cancelled employee awards. In addition, compensation expense includes the compensation cost, based on the grant-date fair value calculated for pro forma disclosures under ASC 718-10-55, for the portion of awards for which required service had not been rendered that were outstanding. Compensation expense for these employee awards is recognized using the straight-line single-option method. As stock-based compensation expense recognized is based on awards ultimately expected to vest, it has been adjusted for estimated forfeitures. The Codification requires forfeitures to be estimated at the time of grant and revised, if subsequent information indicates that the actual forfeitures are likely to be different from previous estimates. The Company utilizes the market yield on U.S. treasury securities (also known as nominal rate) over the contractual term of the instrument being issued.

Stock Option Plan

As the Company stratifies its employees into homogeneous groups in order to calculate fair value under the Binomial Model, ranges of assumptions used are presented for expected option life and annual termination probability. The Company uses historical data to estimate option exercise and employee termination within the valuation model; various groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. The expected volatility rate is estimated based on a blended volatility method which takes into consideration the Company's historical share price volatility, the Company's implied volatility which is implied by the observed current market prices of the Company's traded options and the Company's peer group volatility. The Company utilizes an expected term method to determine expected option life based on such data as vesting periods of awards, historical data that includes past exercise and post-vesting cancellations and stock price history.

The Company's policy is to issue new shares from treasury to satisfy stock options which are exercised.

Restricted Common Shares and Stock Appreciation Rights

The Company's restricted common shares and SARs have been classified as liabilities in accordance with Topic 505. The Company utilizes the Binomial Model to determine the value of these instruments settleable in cash.

Awards to Non-Employees

Stock-based awards for services provided by non-employees are accounted for based on the fair value of the services received or the stock-based award, whichever is more reliably determinable. If the fair value of the stock-based award is used, the fair value is measured at the date of the award and remeasured until the earlier of the date that the Company has a performance commitment from the non-employees, the date performance is completed, or the date the awards vest.

(q) Pension Plans and Postretirement Benefits

The Company has a defined benefit pension plan, the Supplemental Executive Retirement Plan (the “SERP”). As the Company's SERP is unfunded, as at December 31, 2012, a liability is recognized for the projected benefit obligation.

Assumptions used in computing the defined benefit obligations are reviewed annually by management in consultation with its actuaries and adjusted for current conditions. Actuarial gains or losses and prior service costs or credits that arise during the period but are not recognized as components of net periodic benefits cost are recognized as a component of other comprehensive income. Amounts recognized in accumulated other comprehensive income including unrecognized actuarial gains or losses and prior service costs are adjusted as they are subsequently recognized in the consolidated statement of operations as components of net periodic benefit cost. Prior service costs resulting from the pension plan inception or amendments are amortized over the expected future service life of the employees, cumulative actuarial gains and losses in excess of 10% of the projected benefit obligation are amortized over the expected average remaining service life of the employees, and current service costs are expensed when earned. The remaining weighted average future service life of the employee used in computing the defined benefit obligation for the year ended December 31, 2012 was 2.0 years.

For defined contribution pension plans, required contributions by the Company are recorded as an expense.

A liability is recognized for the unfunded accumulated benefit obligation of the postretirement benefits plan. Assumptions used in computing the accumulated benefit obligation are reviewed by management in consultation with its actuaries and adjusted for current conditions. Current service cost is recognized as incurred and actuarial gains and losses are recognized as a component of other comprehensive income (loss). Amounts recognized in accumulated other comprehensive income (loss) including unrecognized actuarial gains or losses are adjusted as they are subsequently recognized in the consolidated statement of operations as components of net periodic benefit cost.

(r) Guarantees

The FASB ASC Guarantees Topic requires a guarantor to recognize, at the inception of a guarantee, a liability for the fair value of certain guarantees. Disclosures as required under the accounting guidance have been included in note 14(g).

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 272
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-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 15
-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7668296&loc=d3e288-107754

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 915
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
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-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Revision of Previously Issued Financial Statements

12 Months Ended

Dec. 31, 2012

Prior Period Adjustment [Abstract]

Revision of Previously Issued Financial Statements [Text Block]

4. Revision of Previously Issued Financial Statements

During the fourth quarter review of the Company's existing benefit packages, the Company determined that Canadian employees, upon meeting certain eligibility requirements, are entitled to postretirement health and welfare benefits for which the obligation had not been included in the prior financial statements as required under ASC Topic 715 “Compensation – Retirement Benefits”. The Company understated accrued and other liabilities and overstated shareholders' equity as at December 31, 2011 by $4.1 million and $3.0 million, respectively. In accordance with the relevant guidance, management assessed the materiality of the error and concluded that the errors were not material to any previously issued financial statements. The Company has revised its previously issued audited consolidated financial statements, as applicable.

The following table presents the impact of the revisions on the Company's previously issued audited consolidated balance sheet as at December 31, 2011(1):

(in thousands of U.S dollars, except per share amounts)
		As Reported	As Revised
Deferred income tax asset	$	50,033	$	51,046
Total assets	$	406,236	$	407,249

Accrued and other liabilities	$	54,803	$	58,855
Total liabilities	$	213,329	$	217,381

Deficit	$	(125,666)	$	(128,503)
Accumulated other comprehensive loss	$	(2,332)	$	(2,534)
Shareholders' equity	$	192,907	$	189,868

The net impact of the revision adjustments to shareholders' equity (deficiency) as of January 1, 2010 and December 31, 2010, was a net increase of $2.9 million and $2.6 million, respectively.

The following table presents the impact of the revisions on the Company's previously issued audited consolidated statements of operations and comprehensive income for the years ended December 31:

(in thousands of U.S dollars, except per share amounts)	2011				2010
	As Reported		As Revised		As Reported		As Revised
Selling, general and administrative expenses	$	72,779	$	73,157	$	78,428	$	78,757
Income from operations	$	28,492	$	28,114	$	50,974	$	50,645
Income from operations before income taxes	$	26,722	$	26,344	$	49,488	$	49,159
(Provision for) recovery of income taxes	$	(9,388)	$	(9,293)	$	51,784	$	52,574
Net income	$	15,543	$	15,260	$	100,779	$	101,240
Net income per share - basic	$	0.24	$	0.24	$	1.59	$	1.59
Net income per share - diluted	$	0.23	$	0.22	$	1.51	$	1.52

Other comprehensive loss	$	(1,723)	$	(1,957)	$	(2,899)	$	(3,136)
Income tax recovery allocated to other comprehensive loss	$	388	$	446	$	996	$	1,067
Comprehensive income	$	14,208	$	13,749	$	98,876	$	99,171

Subsequent to year-end, the Company amended its Canadian postretirement plan, resulting in a significant curtailment of the benefit liability. See note 22(d) for further information.

Financing Receivables

12 Months Ended

Dec. 31, 2012

Financing Receivables [Abstract]

Financing Receivables

5. Lease Arrangements

(a) General Terms of Lease Arrangements

A number of the Company's leases are classified as sales-type leases. Certain arrangements that are legal sales are also classified as sales-type leases as certain clauses within the arrangements limit transfer of title or provide the Company with conditional rights to the system. The customer's rights under the Company's lease arrangements are described in note 2(m). The Company classifies its lease arrangements at inception of the arrangement and, if required, after a modification of the lease arrangement, to determine whether they are sales-type leases or operating leases. Under the Company's lease arrangements, the customer has the ability and the right to operate the hardware components or direct others to operate them in a manner determined by the customer. The Company's lease portfolio terms are typically non-cancellable for 10 to 20 years with renewal provisions from inception. Except for those sales arrangements that are classified as sales-type leases, the Company's leases generally do not contain an automatic transfer of title at the end of the lease term. The Company's lease arrangements do not contain a guarantee of residual value at the end of the lease term. The customer is required to pay for executory costs such as insurance and taxes and is required to pay the Company for maintenance and extended warranty generally after the first year of the lease until the end of the lease term. The customer is responsible for obtaining insurance coverage for the theater systems commencing on the date specified in the arrangement's shipping terms and ending on the date the theater systems are delivered back to the Company.

The Company has assessed the nature of its joint revenue sharing arrangements and concluded that, based on the guidance in the Revenue Recognition Topic of the ASC, the arrangements contain a lease. Under joint revenue sharing arrangements, the customer has the ability and the right to operate the hardware components or direct others to operate them in a manner determined by the customer. The Company's joint revenue sharing arrangements are typically non-cancellable for 7 to 10 years with renewal provisions. Title to equipment under joint revenue sharing arrangements does not transfer to the customer. The Company's joint revenue sharing arrangements do not contain a guarantee of residual value at the end of the term. The customer is required to pay for executory costs such as insurance and taxes and is required to pay the Company for maintenance and extended warranty throughout the term. The customer is responsible for obtaining insurance coverage for the theater systems commencing on the date specified in the arrangement's shipping terms and ending on the date the theater systems are delivered back to the Company.

(b) Financing Receivables

Financing receivables, consisting of net investment in sales-type leases and receivables from financed sales of theater systems are as follows:

	As at December 31,
	2012		2011
Gross minimum lease payments receivable	$	18,880	$	29,603
Unearned finance income		(4,705)		(8,356)
Minimum lease payments receivable		14,175		21,247
Accumulated allowance for uncollectible amounts		(1,130)		(1,833)
Net investment in leases		13,045		19,414
Gross financed sales receivables		114,492		95,686
Unearned finance income		(33,278)		(28,070)
Financed sales receivables		81,214		67,616
Accumulated allowance for uncollectible amounts		(66)		(316)
Net financed sales receivables		81,148		67,300
Total financing receivables	$	94,193	$	86,714

Net financed sales receivables due within one year	$	10,482	$	8,694
Net financed sales receivables due after one year	$	70,666	$	58,606

In 2012, the financed sales receivables had a weighted average effective interest rate of 8.7% (2011 — 8.9%).

Contingent fees that meet the Company's revenue recognition policy, from customers under various arrangements, have been reported in revenue as follows:

	Years Ended December 31,
	2012		2011		2010
Sales	$	1,797	$	976	$	1,608
Sales-type leases		308		517		1,054
Operating leases		930		1,232		1,675
Subtotal - sales, sales-type leases and operating leases		3,035		2,725		4,337
Joint revenue sharing arrangements		57,526		30,764		41,757
	$	60,561	$	33,489	$	46,094

(d) Future Minimum Rental Payments

Future minimum rental payments receivable from operating and sales-type leases at December 31, 2012, for each of the next five years are as follows:

	Operating Leases		Sales-Type Leases
2013	$	2,145	$	3,087
2014		1,652		2,732
2015		1,309		2,475
2016		1,090		1,957
2017		1,031		1,550
Thereafter		4,698		5,460
Total	$	11,925	$	17,261

Total future minimum rental payments receivable from sales-type leases at December 31, 2012 exclude $1.6 million which represents amounts billed but not yet received.

Inventories

12 Months Ended

Dec. 31, 2012

Inventories [Abstract]

Inventories

6. Inventories

	As at December 31,
	2012		2011
Raw materials	$	5,424	$	5,803
Work-in-process		338		1,515
Finished goods		10,032		12,429
	$	15,794	$	19,747

At December 31, 2012, finished goods inventory for which title had passed to the customer and revenue was deferred amounted to $6.8 million (December 31, 2011 — $5.7 million).

Inventories at December 31, 2012 include provisions for excess and obsolete inventory based upon current estimates of net realizable value considering future events and conditions of $4.4 million (December 31, 2011 — $4.0 million).

Film Assets

12 Months Ended

Dec. 31, 2012

Film Costs [Abstract]

Film Assets

7. Film Assets

		As at December 31,
		2012		2011
Completed and released films, net of accumulated amortization of		$	2,959	$	1,356
	$67,363 (2011 — $51,848)
Films in production			380		639
Films in development			398		393
		$	3,737	$	2,388

The Company expects to amortize film costs of $3.0 million for released films within five years from December 31, 2012 (December 31, 2011 — $2.2 million), included is $2.4 million which reflects the portion of the costs of the Company's completed films that are expected to be amortized within the next year. The amount of participation payments to third parties related to these films that the Company expects to pay during 2013 is $5.8 million (2012 — $6.4 million).

Property Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

8. Property, Plant and Equipment

		As at December 31, 2012
				Accumulated		Net Book
		Cost		Depreciation		Value
Equipment leased or held for use
	Theater system components⁽¹⁾⁽²⁾	$	131,240	$	39,140	$	92,100
	Camera equipment⁽⁵⁾		4,668		4,306		362
			135,908		43,446		92,462
Assets under construction⁽³⁾			6,910		-		6,910
Other property, plant and equipment
	Land		1,593		-		1,593
	Buildings		15,242		9,864		5,378
	Office and production equipment⁽⁴⁾		25,777		19,779		5,998
	Leasehold improvements		9,734		8,465		1,269
			52,346		38,108		14,238
		$	195,164	$	81,554	$	113,610

		As at December 31, 2011
				Accumulated		Net Book
		Cost		Depreciation		Value
Equipment leased or held for use
	Theater system components⁽¹⁾⁽²⁾	$	122,691	$	39,773	$	82,918
	Camera equipment⁽⁵⁾		6,355		6,088		267
			129,046		45,861		83,185
Assets under construction⁽³⁾			4,972		-		4,972
Other property, plant and equipment
	Land		1,593		-		1,593
	Buildings		14,633		9,352		5,281
	Office and production equipment⁽⁴⁾		29,220		24,772		4,448
	Leasehold improvements		9,396		7,622		1,774
			54,842		41,746		13,096
		$	188,860	$	87,607	$	101,253

__________

(1) Included in theater system components are assets with costs of $8.1 million (2011 — $18.4 million) and accumulated depreciation of $7.3 million (2011 — $17.8 million) that are leased to customers under operating leases. In 2012, the Company identified and wrote off $10.6 million of theater system components that are no longer in use and fully amortized.

(2) Included in theater system components are assets with costs of $118.5 million (2011 — $100.2 million) and accumulated depreciation of $29.2 million (2011 — $19.1 million) that are used in joint revenue sharing arrangements.

(3) Included in assets under construction are components with costs of $4.1 million (2011 — $3.7 million) that will be utilized to construct assets to be used in joint revenue sharing arrangements.

(4) Fully amortized office and production equipment is still in use by the Company.

(5) Fully amortized camera equipment is still in use by the Company. In 2012, the Company identified and wrote off $1.9 million of camera equipment that is no longer in use and fully amortized.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details

Other Assets

12 Months Ended

Dec. 31, 2012

Disclosure Text Block Supplement [Abstract]

Other Assets Disclosure [Text Block]

9. Other Assets

	As at December 31,
	2012		2011
Insurance recoverable (note 14(d))	$	11,474	$	918
Lease incentives provided to theaters		4,554		4,285
Equity-accounted investments		3,074		4,055
Commissions and other deferred selling expenses		2,645		2,967
Investment in new business ventures		1,350		1,012
Deferred charges on debt financing		569		1,001
Foreign currency derivatives		297		-
	$	23,963	$	14,238

Income Taxes

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Income Taxes

10. Income Taxes

(a) Income (loss) from continuing operations before income taxes by tax jurisdiction are comprised of the following:

	Years Ended December 31,
	2012		2011		2010
			As Revised		As Revised

Canada	$	55,477	$	23,023	$	47,625
United States		2,636		8,655		2,088
China		(476)		(5,722)		-
Other		141		388		(554)
	$	57,778	$	26,344	$	49,159

(b) The (provision) recovery for income taxes related to income from continuing operations is comprised of the following:

		Years Ended December 31,
		2012		2011		2010
				As Revised		As Revised
Current:
	Canada	$	(370)	$	(1,174)	$	(1,026)
	Foreign		15		(125)		(1,465)
			(355)		(1,299)		(2,491)
Deferred:⁽¹⁾
	Canada		(14,441)		(8,586)		50,401
	Foreign		(283)		592		4,664
			(14,724)		(7,994)		55,065
		$	(15,079)	$	(9,293)	$	52,574

For the year ended December 31, 2012, the Company has increased the valuation allowance by $0.1 million (2011 - release of $1.9 million) relating to the future utilization of deductible temporary differences, tax credits, and certain net operating loss carryforwards, of which less than $0.1 million was recorded to deferred income tax expense and less than $0.1 million was recorded to share capital. Also included in the provision for income taxes is the deferred tax related to the amortization of the defined benefit plan actuarial loss and realized foreign exchange gains and losses on effectively hedged forward contracts reclassified from other comprehensive income in the year of less than $0.1 million

(c) The (provision for) recovery of income taxes from continuing operations differs from the amount that would have resulted by applying the combined Canadian federal and provincial statutory income tax rates to earnings due to the following:

		Years Ended December 31,
		2012		2011		2010
				As Revised		As Revised

Income tax provision at combined statutory rates		$	(15,311)	$	(7,442)	$	(15,241)
Adjustments resulting from:
	Non-deductible stock based compensation		(3,166)		(2,752)		(1,713)
	Other non-deductible/non-includable items		12		(246)		420
	(Increase) decrease in valuation allowance relating to current year temporary differences		(93)		1,264		12,708
	Decrease in valuation allowance relating to reversal of future temporary differences		-		-		55,512
	Tax effect of pension settlement and postretirement plan reclassified from other comprehensive income		-		-		(528)
	Withholding and other taxes		(1,095)		(895)		(1,041)
	Changes to tax reserves		833		99		13
	U.S. federal and state taxes		45		(345)		(1,465)
	Income tax at different rates in foreign and other provincial jurisdictions		(56)		(916)		(394)
	Impact of changes in future enacted tax rates on current year temporary differences		-		(521)		4,444
	Carryforward of investment and other tax credits (non-refundable)		2,463		1,526		1,642
	Effect of changes in legislation relating to enacted tax rate increases		494		-		-
	Changes to deferred tax assets and liabilities resulting from audit and other tax return adjustments		483		226		14
	Expiration of losses and credits carried forward		-		-		(1,558)
	Tax effect of loss from equity-accounted investments		463		642		168
	Other		(151)		67		(407)
(Provision for) recovery of income taxes, as reported		$	(15,079)	$	(9,293)	$	52,574

(d) The net deferred income tax asset is comprised of the following:

	As at December 31,
	2012		2011
			As Revised

Net operating loss carryforwards	$	15,475	$	16,787
Investment tax credit and other tax credit carryforwards		6,101		5,192
Write-downs of other assets		690		712
Excess tax over accounting basis in property, plant and equipment and inventories		14,020		29,897
Accrued pension liability		6,615		5,813
Other accrued reserves		2,340		2,706
Total deferred income tax assets		45,241		61,107
Income recognition on net investment in leases		(2,667)		(4,022)
Other		-		15
		42,574		57,100
Valuation allowance		(6,113)		(6,054)
Net deferred income tax asset	$	36,461	$	51,046

The gross deferred tax assets include a liability of $0.4 million relating to the remaining tax effect resulting from the Company's defined benefit pension plan, the related actuarial gains and losses, unrealized net gains on cash flow hedging instruments and the unrealized change in market value of available-for-sale investments recorded in accumulated other comprehensive income.

The Company has not provided Canadian taxes on cumulative earnings of non-Canadian affiliates and associated companies that have been reinvested indefinitely. Taxes are provided for earnings of non-Canadian affiliates and associated companies when the Company determines that such earnings are no longer indefinitely reinvested.

(e) Estimated net operating loss carryforwards and estimated tax credit carryforwards expire as follows:

	Investment Tax Credits and Other Tax Credit Carryforwards		Net Operating Loss Carryforwards
2013	$	17	$	-
2014		-		11
2015		-		20
2016		-		-
2017		-		-
Thereafter		7,897		51,454
	$	7,914	$	51,485

Estimated net operating loss carryforwards can be carried forward to reduce taxable income through to 2032. Investment tax credits and other tax credits can be carried forward to reduce income taxes payable through to 2032.

As at December 31, 2012, the Company had approximately $14.8 million of U.S. consolidated federal tax net operating loss carryforwards and certain other state tax net loss carryforwards. Realization of some or all of the benefit from these U.S. net tax operating losses is dependent on the absence of certain “ownership changes” of the Company's common shares. An “ownership change,” as defined in the applicable federal income tax rules, would place possible limitations, on an annual basis, on the use of such net operating losses to offset any future taxable income that the Company may generate. Such limitations, in conjunction with the net operating loss expiration provisions, could significantly reduce or effectively eliminate the Company's ability to use its U.S. net operating losses to offset any future taxable income.

(f) Valuation allowance

The provision for income taxes in the year ended December 31, 2012 includes a net income tax provision of $0.1 million (2011 - $1.3 million net income tax benefit) in continuing operations related to an increase in the valuation allowance for the Company's deferred tax assets and other tax adjustments. In 2012, the Company added an additional $0.1 million in valuation allowance relating to the current period deductible temporary differences and loss carryforwards, of which less than $0.1 million was included in the provision for income taxes and less than $0.1 million, was included directly to shareholders' equity. During the year ended December 31, 2012, after considering all available evidence, both positive (including recent profits, projected future profitability, backlog, carryforward periods for utilization of net operating loss carryovers and tax credits, discretionary deductions and other factors) and negative (including cumulative losses in past years and other factors), it was concluded that the valuation allowance against the Company's deferred tax assets should be increased by approximately $0.1 million (2011 - $1.9 million decrease). The remaining $6.1 million (2011 - $6.1 million) balance in the valuation allowance as at December 31, 2012 is primarily attributable to certain U.S. federal and state net operating loss carryovers and federal tax credits that are likely to expire unutilized. If the remaining $14.8 million in U.S. consolidated federal tax net operating loss carryforwards are realized in a future period, the related $5.1 million valuation allowance release will be recorded against Other Equity. As at December 31, 2010, the Company had determined that based on the improvement of the Company's operating results in 2009 and 2010 and the Company's assessment of projected future results of operations, realization of a deferred income tax benefit was more likely than not. As a result, the judgment about the need for a full valuation allowance against deferred tax assets changed, and a reduction in the valuation allowance of $55.5 million was recorded as a benefit within the recovery for income taxes from continuing operations.

(g) Uncertain tax positions

In connection with the Company's adoption of FIN 48, as of January 1, 2007, the Company recorded a net increase to its deficit of $2.1 million (including approximately $0.9 million related to accrued interest and penalties) related to the measurement of potential international withholding tax requirements and a decrease in reserves for income taxes. As at December 31, 2012 and December 31, 2011, the Company had total unrecognized tax benefits (including interest and penalties) of $2.8 million and $4.4 million, respectively, for international withholding taxes. All of the unrecognized tax benefits could impact the Company's effective tax rate if recognized. While the Company believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could differ from the Company's accrued position. Accordingly, additional provisions on federal, provincial, state and foreign tax-related matters could be recorded in the future as revised estimates are made or the underlying matters are settled or otherwise resolved.

A reconciliation of the beginning and ending amount of unrecognized tax benefits (excluding interest and penalties) for the years ended December 31, is as follows:


(In thousands of U.S. Dollars)	2012		2011		2010
Balance at beginning of the year	$	3,119	$	3,219	$	3,237
Additions based on tax positions related to the current year		392		404		410
Additions for tax positions of prior years		-		16		-
Reductions for tax positions of prior years		(77)		-		(10)
Settlements		(38)		-		-
Reductions resulting from lapse of applicable statute of limitations and administrative practices		(1,110)		(520)		(418)
Balance at the end of the year	$	2,286	$	3,119	$	3,219

Consistent with its historical financial reporting, the Company has elected to classify interest and penalties related to income tax liabilities, when applicable, as part of the interest expense in its consolidated statements of operations rather than income tax expense. The Company recovered approximately $0.8 million in potential interest and penalties associated with unrecognized tax benefits for the years ended December 31, 2012 (2011 - $0.1 million expense, 2010 - $nil).

The number of years with open tax audits varies depending on the tax jurisdiction. The Company's major taxing jurisdictions include Canada, the province of Ontario, the United States (including multiple states) and China.

The Company's 2007 through 2012 tax years remain subject to examination by the IRS for U.S. federal tax purposes, and the 2006 through 2012 tax years remain subject to examination by the appropriate governmental agencies for Canadian federal tax purposes. There are other on-going audits in various other jurisdictions that are not material to the financial statements.

(h) Income Tax Effect on Comprehensive Income

The income tax benefit (expense) related to the following items included in other comprehensive income are:

	2012		2011		2010
			As Revised		As Revised

Amortization of actuarial loss on defined benefit plan	$	(91)	$	(53)	$	-
Unrecognized actuarial loss on defined benefit plan		285		145		661
Realization of actuarial gain on settlement of defined benefit pension liability		-		-		517
Unrecognized actuarial loss on postretirement benefit plan		33		58		71
Other-than-temporary impairment of available-for-sale investment		(19)		-		-
Change in market value of available-for-sale investment		(42)		61		-
Unrealized change in cash flow hedging instruments		(185)		45		(182)
Realized change in cash flow hedging instruments upon settlement		62		190		-
	$	43	$	446	$	1,067

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

+ Details

Other Intangible Assets

12 Months Ended

Dec. 31, 2012

Other Intangible Assets [Abstract]

Other Intangible Assets

11. Other Intangible Assets

	As at December 31, 2012
			Accumulated		Net Book
	Cost		Amortization		Value
Patents and trademarks	$	8,499	$	5,670	$	2,829
Licenses and intellectual property		19,790		1,730		18,060
Other		7,022		-		7,022
	$	35,311	$	7,400	$	27,911

	As at December 31, 2011
			Accumulated		Net Book
	Cost		Amortization		Value
Patents and trademarks	$	8,014	$	5,304	$	2,710
Licenses and intellectual property		19,407		254		19,153
Other		3,050		-		3,050
	$	30,471	$	5,558	$	24,913

The Company expects to amortize an average of $2.0 million for each of the next 5 years, respectively. Fully amortized other intangible assets are still in use by the Company.

During 2012, the Company acquired $5.0 million in other intangible assets, which is comprised mainly of the Company's investment in a new enterprise resource planning system, which will commence being amortized upon commissioning on January 1, 2013. The net book value of these other intangible assets was $4.8 million as at December 31, 2012. The weighted average amortization period for these additions was 10 years.

During 2012, the Company incurred costs of $0.1 million to renew or extend the term of acquired patents and trademarks which were recorded in selling, general and administrative expenses (2011 ─ $0.1 million).

Credit Facility

12 Months Ended

Dec. 31, 2012

Credit Facility [Abstract]

Credit Facility

12. Credit Facility

Prior Credit Facility

On June 2, 2011, the Company amended and restated the terms of its senior secured credit facility, which had been scheduled to mature on October 31, 2013. The Company's amended and restated facility (the “Prior Credit Facility”), with a scheduled maturity of October 31, 2015, had a maximum borrowing capacity of $110.0 million, consisting of revolving asset-based loans of up to $50.0 million subject to a borrowing base calculation (as described below) and including a sublimit of $20.0 million for letters of credit, and a revolving term loan of up to $60.0 million. Certain of the Company's subsidiaries serve as guarantors (the “Guarantors”) of the Company's obligations under the Prior Credit Facility. The Prior Credit Facility was collateralized by a first priority security interest in substantially all of the present and future assets of the Company and the Guarantors.

The terms of the Prior Credit Facility was set forth in the Second Amended and Restated Credit Agreement (the “Prior Credit Agreement”), dated June 2, 2011, among the Company, Wells Fargo Capital Finance Corporation (Canada), as agent, lender, sole lead arranger and sole bookrunner (“Wells Fargo Canada”), and Export Development Canada, as lender (“EDC”, together with Wells Fargo Canada, the “Prior Lenders”) and in various collateral and security documents entered into by the Company and the Guarantors. Each of the Guarantors also entered into a guarantee in respect of the Company's obligations under the Prior Credit Facility.

The revolving asset-based portion of the Prior Credit Facility permitted maximum aggregate borrowings equal to the lesser of:

(i) $50.0 million, and

(ii) a collateral calculation based on the percentages of the book values of certain of the Company's net investment in sales-type leases, financing receivables, certain trade accounts receivable, finished goods inventory allocated to backlog contracts and the appraised values of the expected future cash flows related to operating leases and the Company's owned real property, reduced by certain accruals and accounts payable and subject to other conditions, limitations and reserve right requirements.

The revolving asset-based portion and the revolving term portion of the Prior Credit Facility bore interest, at the Company's option, at (i) LIBOR plus a margin of 2.00% per annum, or (ii) Wells Fargo Canada's prime rate plus a margin of 0.50% per annum. Under the Prior Credit Facility, the effective interest rate for the year ended December 31, 2012 for the revolving term loan portion was 2.42% (2011 – 2.50%). There was no amount drawn on the revolving asset-based portion of the Prior Credit Facility.

The Prior Credit Facility provides that the Company will be required to maintain a ratio of funded debt (as defined in the Prior Credit Agreement) to EBITDA (as defined in the Prior Credit Agreement) of not more than 2:1. The Company will also be required to maintain a Fixed Charge Coverage Ratio (as defined in the Prior Credit Agreement) of not less than 1.1:1.0. At all times under the terms of the Prior Credit Facility, the Company was required to maintain minimum Excess Availability of not less than $5.0 million and minimum Cash and Excess Availability of not less than $15.0 million. These amounts were $55.0 million and $76.3 million at December 31, 2012, respectively. The Company was in compliance with all of these requirements at December 31, 2012.

The Prior Credit Facility contained typical affirmative and negative covenants, including covenants that limit or restrict the ability of the Company and the Guarantors to: incur certain additional indebtedness; make certain loans, investments or guarantees; pay dividends; make certain asset sales; incur certain liens or other encumbrances; conduct certain transactions with affiliates and enter into certain corporate transactions.

The Prior Credit Facility also contained customary events of default, including upon an acquisition or change of control or upon a change in the business and assets of the Company or a Guarantor that in each case is reasonably expected to have a material adverse effect on the Company or Guarantor. If an event of default occurs and is continuing under the Prior Credit Facility, the Prior Lenders may, among other things, terminate their commitments and require immediate repayment of all amounts owed by the Company.

Bank indebtedness includes the following:

	As at December 31,
	2012		2011
Revolving Term Loan	$	11,000	$	55,083

Total amounts drawn and available under the Prior Credit Facility at December 31, 2012 were $11.0 million and $99.0 million, respectively (December 31, 2011 — $55.1 million and $52.0 million, respectively).

At December 31, 2012, the Company's current borrowing capacity under the revolving asset-based portion of the Prior Credit Facility was $50.0 million after deduction for letters of credit of $nil and the minimum Excess Availability reserve of $5.0 million (December 31, 2011 — $47.1 million) and borrowing capacity under the revolving term portion of the Prior Credit Facility was $49.0 million (December 31, 2011 — $4.9 million).

As at December 31, 2012, the Company did not have any letters of credit and advance payment guarantees outstanding (December 31, 2011 — $3.0 million), under the Prior Credit Facility.

In accordance with the loan agreement, the Company is obligated to make payments on the principal of the term loan as follows:

2013	$	-
2014		-
2015		11,000
2016		-
2017		-
Thereafter		-
	$	11,000

New Credit Facility

On February 7, 2013, the Company amended and restated the terms of its Prior Credit Facility. The amended and restated facility (the “New Credit Facility”), with a scheduled maturity of February 7, 2018, has a maximum borrowing capacity of $200.0 million. The Prior Credit Facility had a maximum borrowing capacity of $110.0 million. Certain of the Company's subsidiaries will serve as guarantors (the “Guarantors”) of the Company's obligations under the New Credit Facility. The New Credit Facility is collateralized by a first priority security interest in substantially all of the present and future assets of the Company and the Guarantors.

The terms of the New Credit Facility are set forth in the Third Amended and Restated Credit Agreement (the “Credit Agreement”), dated February 7, 2013, among the Company, the Guarantors, the lenders named therein, Wells Fargo Bank, National Association (“Wells Fargo”), as agent and issuing lender (Wells Fargo, together with the lenders named therein, the “Lenders”) and Wells Fargo Securities, LLC, as Sole Lead Arranger and Sole Bookrunner and in various collateral and security documents entered into by the Company and the Guarantors. Each of the Guarantors has also entered into a guarantee in respect of the Company's obligations under the New Credit Facility.

The New Credit Facility permits the Company to undertake up to $150.0 million in stock buybacks and dividends, provided certain covenants in the Credit Agreement are maintained. In the event that the Company undertakes stock buybacks or makes dividend payments, any amounts outstanding under the revolving portion of the New Credit Facility up to the first $75.0 million of any such stock buybacks and dividend payments will be converted to a term loan.

At closing, the Company borrowed $18.0 million from the New Credit Facility to repay outstanding indebtedness under the Prior Credit Facility and to pay fees and closing costs related to entry into the New Credit Facility.

The amounts outstanding under the New Credit Facility bear interest, at the Company's option, at (i) LIBOR plus a margin of (a) 1.50%, 1.75% or 2.00% depending on the Company's Total Leverage Ratio (as defined in the Credit Agreement) per annum, or (ii) Wells Fargo's prime rate plus a margin of 0.50% per annum. Term loans, if any, under the New Credit Facility must be repaid under a 5-year straight line amortization, with a balloon payment due at maturity. The Company is required to provide an interest rate hedge for 50% of any term loans outstanding.

The New Credit Facility provides that the Company will be required to maintain a Fixed Charge Coverage Ratio (as defined in the Credit Agreement) of not less than 1.1:1.0. The Company will also be required to maintain minimum EBITDA (as defined in the Credit Agreement) of $70.0 million between closing and December 30, 2013, which requirement increases to $80.0 million on December 31, 2013, $90.0 million on December 31, 2014, and $100.0 million on December 31, 2015. The Company must also maintain a Maximum Total Leverage Ratio (as defined in the Credit Agreement) of 2.5:1.0 between closing and December 30, 2013, which requirement decreases to (i) 2.25:1.0 on December 31, 2013; (ii) 2.00:1:0 on December 31, 2014; and (iii) 1.75:1.0 on December 31, 2015.

The New Credit Facility contains typical affirmative and negative covenants, including covenants that limit or restrict the ability of the Company and the guarantors to: incur certain additional indebtedness; make certain loans, investments or guarantees; pay dividends; make certain asset sales; incur certain liens or other encumbrances; conduct certain transactions with affiliates and enter into certain corporate transactions.

The New Credit Facility also contains customary events of default, including upon an acquisition or change of control or upon a change in the business and assets of the Company or a Guarantor that in each case is reasonably expected to have a material adverse effect on the Company or a Guarantor. If an event of default occurs and is continuing under the New Credit Facility, the Lenders may, among other things, terminate their commitments and require immediate repayment of all amounts owed by the Company.

Wells Fargo Foreign Exchange Facility

Under the New Credit Facility, the Company is able to purchase foreign currency forward contracts and/or other swap arrangements. There is no settlement risk on its foreign currency forward contracts at December 31, 2012 as the fair value exceeded the notional value of the forward contracts. As at December 31, 2012, the Company has $8.1 million of such arrangements outstanding.

Bank of Montreal Facilities

As at December 31, 2012, the Company has available a $10.0 million facility (December 31, 2011 — $10.0 million) with the Bank of Montreal for use solely in conjunction with the issuance of performance guarantees and letters of credit fully insured by EDC (the “Bank of Montreal Facility”). As at December 31, 2012, the Company has letters of credit and advance payment guarantees outstanding of $0.9 million (2011 — $0.8 million) under the Bank of Montreal Facility.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Commitments

12 Months Ended

Dec. 31, 2012

Commitments, Contingencies and Guarantees [Abstract]

Commitments

13. Commitments

(a) The Company's lease commitments consist of rent and equipment under operating leases. The Company accounts for any incentives provided over the term of the lease. Total minimum annual rental payments to be made by the Company as at December 31, 2012 for each of the years ended December 31, are as follows:

	Operating Leases		Capital Leases
2013	$	6,931	$	20
2014		5,142		-
2015		1,177		-
2016		511		-
2017		511		-
Thereafter		813		-
	$	15,085	$	20

Rent expense was $6.2 million for 2012 (2011 — $4.9 million, 2010 — $4.8 million) net of sublease rental of $nil (2011 — less than $0.1 million, 2010 — $0.4 million).

Recorded in the accrued liabilities balance as at December 31, 2012 is $2.4 million (December 31, 2011 — $3.5 million) related to accrued rent and lease inducements being recognized as an offset to rent expense over the term of the respective leases.

Purchase obligations under long-term supplier contracts as at December 31, 2012 were $12.1 million (December 31, 2011 — $12.9 million).

(b) As at December 31, 2012 the Company did not have any letters of credit and advance payment guarantees outstanding (December 31, 2011 — $3.0 million), under the Prior Credit Facility. As at December 31, 2012 the Company had letters of credit and advance payment guarantees outstanding of $0.9 million as compared to $0.8 million as at December 31, 2011, under the Bank of Montreal Facility.

(c) The Company compensates its sales force with both fixed and variable compensation. Commissions on the sale or lease of the Company's theater systems are payable in graduated amounts from the time of collection of the customer's first payment to the Company up to the collection of the customer's last initial payment. At December 31, 2012, $1.8 million (December 31, 2011—$1.3 million) of commissions have been accrued and will be payable in future periods.

Contingencies and Guarantees

12 Months Ended

Dec. 31, 2012

Commitments, Contingencies and Guarantees [Abstract]

Contingencies and Guarantees

14. Contingencies and Guarantees

The Company is involved in lawsuits, claims, and proceedings, including those identified below, which arise in the ordinary course of business. In accordance with the Contingencies Topic of the FASB ASC, the Company will make a provision for a liability when it is both probable that a loss has been incurred and the amount of the loss can be reasonably estimated. The Company believes it has adequate provisions for any such matters. The Company reviews these provisions in conjunction with any related provisions on assets related to the claims at least quarterly and adjusts these provisions to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel and other pertinent information related to the case. Should developments in any of these matters outlined below cause a change in the Company's determination as to an unfavorable outcome and result in the need to recognize a material provision, or, should any of these matters result in a final adverse judgment or be settled for significant amounts, they could have a material adverse effect on the Company's results of operations, cash flows, and financial position in the period or periods in which such a change in determination, settlement or judgment occurs.

The Company expenses legal costs relating to its lawsuits, claims and proceedings as incurred.

(a) In March 2005, the Company, together with Three-Dimensional Media Group, Ltd. (“3DMG”), filed a complaint in the U.S. District Court for the Central District of California, Western Division, against In-Three, Inc. (“In-Three”) alleging patent infringement. On March 10, 2006, the Company and In-Three entered into a settlement agreement settling the dispute between the Company and In-Three. Despite the settlement reached between the Company and In-Three, co-plaintiff 3DMG refused to dismiss its claims against In-Three. Accordingly, the Company and In-Three moved jointly for a motion to dismiss the Company's and In-Three's claims. On August 24, 2010, the Court dismissed all of the claims pending between the Company and In-Three, thus dismissing the Company from the litigation.

On May 15, 2006, the Company initiated arbitration against 3DMG before the International Centre for Dispute Resolution in New York (the “ICDR”), alleging breaches of the license and consulting agreements between the Company and 3DMG. On June 15, 2006, 3DMG filed an answer denying any breaches and asserting counterclaims that the Company breached the parties' license agreement. On June 21, 2007, the ICDR unanimously denied 3DMG's Motion for Summary Judgment filed on April 11, 2007 concerning the Company's claims and 3DMG's counterclaims. The proceeding was suspended on May 4, 2009 due to failure of 3DMG to pay fees associated with the proceeding. The proceeding was further suspended on October 11, 2010 pending resolution of reexamination proceedings currently pending involving one of 3DMG's patents. The Company will continue to pursue its claims vigorously and believes that all allegations made by 3DMG are without merit. The Company further believes that the amount of loss, if any, suffered in connection with the counterclaims would not have a material impact on the financial position or results of operations of the Company, although no assurance can be given with respect to the ultimate outcome of the arbitration.

(b) In January 2004, the Company and IMAX Theatre Services Ltd., a subsidiary of the Company, commenced an arbitration seeking damages before the International Court of Arbitration of the International Chambers of Commerce (the “ICC”) with respect to the breach by Electronic Media Limited (“EML”) of its December 2000 agreement with the Company. In June 2004, the Company commenced a related arbitration before the ICC against EML's affiliate, E-City Entertainment (I) PVT Limited (“E-City”), seeking damages as a result of E-City's breach of a September 2000 lease agreement. An arbitration hearing took place in November 2005 against E-City which considered all claims by the Company. On February 1, 2006, the ICC issued an award on liability finding unanimously in the Company's favor on all claims. Further hearings took place in July 2006 and December 2006. On August 24, 2007, the ICC issued an award unanimously in favor of the Company in the amount of $9.4 million, consisting of past and future rents owed to the Company under its lease agreements, plus interest and costs. In the award, the ICC upheld the validity and enforceability of the Company's theater system contract. The Company thereafter submitted its application to the arbitration panel for interest and costs. On March 27, 2008, the arbitration panel issued a final award in favor of the Company in the amount of $11.3 million, plus an additional $2,512 each day in interest from October 1, 2007 until the date the award is paid, which the Company is seeking to enforce and collect in full. In July 2008, E-City commenced a proceeding in Mumbai, India seeking an order that the ICC award may not be recognized in India. The Company has opposed that application on a number of grounds and seeks to have the ICC award recognized in India. That Mumbai proceeding is still pending. On June 24, 2011, the Company commenced an application to the Ontario Superior Court of Justice for recognition of the final award. On December 2, 2011, the Ontario court issued an order recognizing the final award and requiring E-City to pay the Company $30,000 to cover the costs of the application. On January 18, 2012, the Company filed an application in New York State Supreme Court seeking recognition of the Ontario order in New York. On April 11, 2012, the New York court issued an order granting the Company's application leading to an entry of $15.5 million judgment in favor of the Company on May 4, 2012. On January 30, 2013, the Company filed an action in the New York Supreme Court seeking to collect the amount due under the New York judgment from certain entities and individuals affiliated with E-City.

(c) In June 2003, Robots of Mars, Inc. ("Robots") initiated an arbitration proceeding against the Company in California with the American Arbitration Association pursuant to arbitration provisions in two film production agreements entered into in 1994 and 1995 between Robots' predecessor-in-interest and a discontinued subsidiary of the Company (“Ridefilm”), asserting claims for breach of contract, fraud, breach of fiduciary duty and intentional interference with the contract. The Company discontinued its Ridefilm business through a sale of the Ridefilm business and its assets to a third party in March 2001. Robots sought an award of over $5.0 million in damages including contingent compensation that it claims was owed under two production agreements, damages for tort claims, and punitive damages. The arbitration hearings of this matter occurred in June and October 2009. The arbitrator issued a final award on March 16, 2011, awarding Robots $0.4 million in damages and $0.3 million in pre-judgment interest to date on its claim for breach of one of the Ridefilm production agreements. The arbitrator found in the Company's favor on Robots' tort claims, and awarded Robots no damages on its claim for breach of the second production agreement. Despite finding in the Company's favor on the vast majority of Robots' claims, the arbitrator awarded Robots $1.2 million in attorneys' fees and costs pursuant to the attorneys' fee provision set forth in the production agreements. Robots initiated two separate proceedings in California and in Ontario, Canada, to confirm the award. On July 13, 2011, a California district court granted Robots' petition to confirm the award, and denied the Company's petition to vacate the award. On August 18, 2011, the Company appealed the district court's denial of its petition to vacate to the United States Court of Appeals for the Ninth Circuit. On January 12, 2012, the Company, Ridefilm and Robots entered into a confidential settlement agreement, pursuant to which the parties fully and finally resolved and settled all claims between them relating to this dispute. The Company dismissed the Ninth Circuit appeal on January 27, 2012, and the parties filed their respective Notices of Abandonment of the Ontario proceedings with the court of February 17, 2012, resulting in a dismissal of those proceedings.

(d) The Company and certain of its officers and directors were named as defendants in eight purported class action lawsuits filed between August 11, 2006 and September 18, 2006, alleging violations of U.S. federal securities laws. These eight actions were filed in the U.S. District Court for the Southern District of New York. On January 18, 2007, the Court consolidated all eight class action lawsuits and appointed Westchester Capital Management, Inc. as the lead plaintiff and Abbey Spanier Rodd & Abrams, LLP as lead plaintiff's counsel. On October 2, 2007, plaintiffs filed a consolidated amended class action complaint. The amended complaint, brought on behalf of shareholders who purchased the Company's common stock on the NASDAQ between February 27, 2003 and July 20, 2007 (the “U.S. Class”), alleges primarily that the defendants engaged in securities fraud by disseminating materially false and misleading statements during the class period regarding the Company's revenue recognition of theater system installations, and failing to disclose material information concerning the Company's revenue recognition practices. The amended complaint also added PricewaterhouseCoopers LLP, the Company's auditors, as a defendant. On April 14, 2011, the Court issued an order appointing The Merger Fund as the lead plantiff and Abbey Spanier Rodd & Abrams, LLP as lead plantiff's counsel. On November 2, 2011, the parties entered into a memorandum of understanding containing the terms and conditions of a settlement of this action. On January 26, 2012, the parties executed and filed with the Court a formal stipulation of settlement and proposed form of notice to the class, which the Court preliminarily approved on February 1, 2012. Under the terms of the settlement, members of the U.S. Class who did not opt out of the settlement will release defendants from liability for all claims that were alleged in this action or could have been alleged in this action or any other proceeding (including the action in Canada as described in (e) of this note (the “Canadian Action”)) relating to the purchase of IMAX securities on the NASDAQ from February 27, 2003 and July 20, 2007 or the subject matter and facts relating to this action. As part of the settlement and in exchange for the release, defendants will pay $12.0 million to a settlement fund which amount will be funded by the carriers of the Company's directors and officers insurance policy and by PricewaterhouseCoopers LLP. On March 26, 2012, the parties executed and filed with the Court an amended formal stipulation of settlement and proposed form of notice to the class, which the court preliminarily approved on March 28, 2012. On June 20, 2012, the court issued an order granting final approval of the settlement. The settlement is conditioned on the Company's receipt of an order from the court in the Canadian Action excluding from the class in the Canadian Action every member of the class in both actions who has not opted out of the U.S. settlement. The hearing on the motion for the order from the court in the Canadian Action occurred on July 30, 2012 and a decision from the court is pending.

(e) A class action lawsuit was filed on September 20, 2006 in the Ontario Superior Court of Justice against the Company and certain of its officers and directors, alleging violations of Canadian securities laws. This lawsuit was brought on behalf of shareholders who acquired the Company's securities between February 17, 2006 and August 9, 2006. The lawsuit seeks $210.0 million in compensatory and punitive damages, as well as costs. For reasons released December 14, 2009, the Court granted leave to the Plaintiffs to amend their statement of claim to plead certain claims pursuant to the Securities Act (Ontario) against the Company and certain individuals and granted certification of the action as a class proceeding. These are procedural decisions, and do not contain any conclusions binding on a judge at trial as to the factual or legal merits of the claim. Leave to appeal those decisions was denied. The Company believes the allegations made against it in the statement of claim are meritless and will vigorously defend the matter, although no assurance can be given with respect to the ultimate outcome of such proceedings. The Company's directors and officers insurance policy provides for reimbursement of costs and expenses incurred in connection with this lawsuit as well as potential damages awarded, if any, subject to certain policy limits, exclusions and deductibles.

(f) In addition to the matters described above, the Company is currently involved in other legal proceedings which, in the opinion of the Company's management, will not materially affect the Company's financial position or future operating results, although no assurance can be given with respect to the ultimate outcome of any such proceedings.

(g) In the normal course of business, the Company enters into agreements that may contain features that meet the definition of a guarantee. The Guarantees Topic of the FASB ASC defines a guarantee to be a contract (including an indemnity) that contingently requires the Company to make payments (either in cash, financial instruments, other assets, shares of its stock or provision of services) to a third party based on (a) changes in an underlying interest rate, foreign exchange rate, equity or commodity instrument, index or other variable, that is related to an asset, a liability or an equity security of the counterparty, (b) failure of another party to perform under an obligating agreement or (c) failure of another third party to pay its indebtedness when due.

Financial Guarantees

The Company has provided no significant financial guarantees to third parties.

Product Warranties

The following summarizes the accrual for product warranties that was recorded as part of accrued liabilities in the consolidated balance sheets:

	As at December 31,
	2012		2011
Balance at the beginning of the year	$	94	$	160
Warranty redemptions		(66)		(152)
Warranties issued		53		146
Revisions		(49)		(60)
Balance at the end of the year	$	32	$	94

Director/Officer Indemnifications

The Company's General By-law contains an indemnification of its directors/officers, former directors/officers and persons who have acted at its request to be a director/officer of an entity in which the Company is a shareholder or creditor, to indemnify them, to the extent permitted by the Canada Business Corporations Act, against expenses (including legal fees), judgments, fines and any amount actually and reasonably incurred by them in connection with any action, suit or proceeding in which the directors and/or officers are sued as a result of their service, if they acted honestly and in good faith with a view to the best interests of the Company. The nature of the indemnification prevents the Company from making a reasonable estimate of the maximum potential amount it could be required to pay to counterparties. The Company has purchased directors' and officers' liability insurance. No amount has been accrued in the consolidated balance sheet as at December 31, 2012 and December 31, 2011 with respect to this indemnity.

Other Indemnification Agreements

In the normal course of the Company's operations, the Company provides indemnifications to counterparties in transactions such as: theater system lease and sale agreements and the supervision of installation or servicing of the theater systems; film production, exhibition and distribution agreements; real property lease agreements; and employment agreements. These indemnification agreements require the Company to compensate the counterparties for costs incurred as a result of litigation claims that may be suffered by the counterparty as a consequence of the transaction or the Company's breach or non-performance under these agreements. While the terms of these indemnification agreements vary based upon the contract, they normally extend for the life of the agreements. A small number of agreements do not provide for any limit on the maximum potential amount of indemnification; however, virtually all of the Company's system lease and sale agreements limit such maximum potential liability to the purchase price of the system. The fact that the maximum potential amount of indemnification required by the Company is not specified in some cases prevents the Company from making a reasonable estimate of the maximum potential amount it could be required to pay to counterparties. Historically, the Company has not made any significant payments under such indemnifications and no amounts have been accrued in the condensed consolidated financial statements with respect to the contingent aspect of these indemnities.

Capital Stock

12 Months Ended

Dec. 31, 2012

Capital Stock [Abstract]

Capital Stock

15. Capital Stock

(a) Authorized

Common Shares

The authorized capital of the Company consists of an unlimited number of common shares. The following is a summary of the rights, privileges, restrictions and conditions of the common shares.

The holders of common shares are entitled to receive dividends if, as and when declared by the directors of the Company, subject to the rights of the holders of any other class of shares of the Company entitled to receive dividends in priority to the common shares.

The holders of the common shares are entitled to one vote for each common share held at all meetings of the shareholders.

(b) Changes during the Year

In 2012, the Company issued 1,429,685 (2011 — 907,167, 2010 — 1,313,599) common shares pursuant to the exercise of stock options for cash proceeds of $8.9 million (2011 — $7.9 million, 2010 — $8.3 million).

The Company has five stock-based compensation plans that are described below. The compensation costs recorded in the consolidated statement of operations for these plans were $13.1 million in 2012 (2011 — $11.9 million, 2010 — $27.7 million). Total stock-based compensation expense related to nonvested employee stock-based payment awards not yet recognized at December 31, 2012 and the weighted average period over which the awards are expected to be recognized is $20.6 million and 3.6 years, respectively (2011 —$19.9 million and 3.1 years, 2010 — $18.0 million and 2.7 years).

Stock Option Plan

The Company's Stock Option Plan, which is shareholder approved, permits the grant of options to employees, directors and consultants. The Company recorded an expense of $12.4 million in 2012 (2011 — $9.4 million, 2010 — $4.1 million), related to grants issued to employees and directors in the plan. No income tax benefit is recorded in the consolidated statement of operations for these costs.

The Company's policy is to issue new shares from treasury to satisfy stock options which are exercised.

The Company utilizes the lattice-binomial option-pricing model (“Binomial Model”) to determine the fair value of stock-based payment awards. The fair value determined by the Binomial Model is affected by the Company's stock price as well as assumptions regarding a number of highly complex and subjective variables. These variables include, but are not limited to, the Company's expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The Binomial Model also considers the expected exercise multiple which is the multiple of exercise price to grant price at which exercises are expected to occur on average. Option-pricing models were developed for use in estimating the value of traded options that have no vesting or hedging restrictions and are fully transferable. Because the Company's employee stock options have certain characteristics that are significantly different from traded options, and because changes in the subjective assumptions can materially affect the estimated value, in management's opinion, the Binomial Model best provides a fair measure of the fair value of the Company's employee stock options.

The weighted average fair value of all common share options, granted to employees in 2012 at the measurement date was $7.45 per share (2011 — $9.07 per share, 2010 — $8.01 per share). For the years ended December 31, the following assumptions were used:

	2012	2011	2010

Average risk-free interest rate	1.36%	2.61%	3.18%
Expected option life (in years)	2.89 - 6.26	1.78 - 6.60	2.82 - 5.41
Expected volatility	50%	50%	50% - 61%
Annual termination probability	0% - 8.76%	0% - 8.76%	0% - 9.69%
Dividend yield	0%	0%	0%

As at December 31, 2012, the Company has reserved a total of 13,296,485 (December 31, 2011— 13,010,548) common shares for future issuance under the Stock Option Plan, of which options in respect of 7,441,068 common shares are outstanding at December 31, 2012. All awards of stock options are made at fair market value of the Company's common shares on the date of grant. The fair market value of a common share on a given date means the higher of the closing price of a common share on the grant date (or the most recent trading date if the grant date is not a trading date) on the NYSE, the TSX and such national exchange, as may be designated by the Company's Board of Directors (the “Fair Market Value”). The options generally vest between one and 5 years and expire 10 years or less from the date granted. The Stock Option Plan provides that vesting will be accelerated if there is a change of control, as defined in the plan and upon certain conditions. At December 31, 2012, options in respect of 3,480,160 common shares were vested and exercisable.

China Long Term Incentive Plan (“CLTIP”)

A separate stock option plan was adopted by a subsidiary of the Company in October 2012. Each stock option issued under the CLTIP generally represents an opportunity to participate economically in the future growth and value creation of the subsidiary. The CLTIP options issued by the subsidiary (“China Options”) operate in tandem with the Company's Stock Option Plan (“SOP Options”) granted to certain employees discussed above.

The China Options issued by the subsidiary vest and become exercisable only upon specific performance events, including upon the occurrence of a qualified initial public offering or a change in control on or prior to the fifth anniversary of the grant date. In the event the performance event occurs, the China Options vest over a 5 year period beginning on the date of grant and the SOP Options are forfeited. The term of the China Options is 7 years. The total stock option expense associated with the China Options if a specific performance event and vesting were to occur is $2.7 million.

The SOP Options vest in full if the specific performance event does not occur on or prior to the fifth anniversary of the grant date. Upon vesting of the SOP Options, the China Options are forfeited.

In 2012, an aggregate of 146,623 SOP Options were granted in conjunction with the China Options to certain employees to purchase the Company's common stock with an average price of $22.39 in accordance with the CLTIP. The SOP Options have a contractual life of 7 years. As at December 31, 2012 there were 146,623 outstanding and unvested SOP Options issued under the CLTIP with a weighted average exercise price of $22.39. The weighted average fair value of these SOP Options granted in 2012 at the measurement date was $6.96 per share. The total fair value of the SOP Options granted with respect to the CLTIP is $1.6 million. The Company is recognizing this expense over a 5 year period. If a performance event occurs, the 146,623 SOP Options issued forfeit immediately and the related charge would be reversed.

The Company has included a charge of less than $0.1 million within its employee Stock Option Plan related to the SOP Options issued thereunder.

The following table summarizes certain information in respect of option activity under the Stock Option Plan:

					Weighted Average Exercise
	Number of Shares				Price Per Share
	2012	2011	2010	2012		2011		2010

Options outstanding, beginning of year	7,200,721	6,743,272	6,173,795	$	14.60	$	10.79	$	6.52
Granted	1,833,485	1,547,342	2,001,703		24.59		28.11		21.72
Exercised	(1,429,685)	(907,167)	(1,313,599)		6.24		8.67		6.30
Forfeited	(154,958)	(182,726)	(23,825)		23.03		18.00		8.35
Expired	-	-	(94,802)		-		-		26.08
Cancelled	(8,495)	-	-		22.07		-		-
Options outstanding, end of period	7,441,068	7,200,721	6,743,272		18.48		14.60		10.79
Options exercisable, end of period	3,480,160	3,467,242	3,090,755		14.50		9.51		5.64

In 2012, the Company cancelled 8,495 stock options from its Stock Option Plan (2011 — nil, 2010 — nil) surrendered by Company employees.

As at December 31, 2012, 6,354,481 options were fully vested or are expected to vest with a weighted average exercise price of $17.89, aggregate intrinsic value of $44.0 million and weighted average remaining contractual life of 4.8 years. As at December 31, 2012, options that are exercisable have an intrinsic value of $34.3 million and a weighted average remaining contractual life of 4.5 years. The intrinsic value of options exercised in 2012 was $23.4 million (2011 — $16.4 million, 2010 — $15.0 million).

Options to Non-Employees

During 2012, an aggregate of 12,500 (2011 — 103,944, 2010 — 135,217) common share options to purchase the Company's common stock with an average exercise price of $22.82 (2011 — $27.64, 2010 — $15.92) were granted to certain advisors and strategic partners of the Company. These options have a maximum contractual life of 7 years and vest between one and 5 years. These options were granted under the Stock Option Plan.

As at December 31, 2012 non-employee options outstanding amounted to 120,001 options (2011 — 142,251, 2010 — 132,168) with a weighted average exercise price of $14.14 (2011 — $12.93, 2010 — $13.53). Included within the non-employee outstanding options are 15,000 unvested options which were modified in 2011 from service based employee awards to performance based non-employee awards. 35,717 options (2011 — 50,500, 2010 — 4,500) were exercisable with an average weighted exercise price of $11.57 (2011 — $11.50, 2010 — $14.60) and the vested options have an aggregate intrinsic value of $0.4 million (2011 — $0.3 million, 2010 — $0.1 million). The weighted average fair value of options granted to non-employees during 2012 at the measurement date was $11.73 per share (2011 — $13.75 per share, 2010 — $12.71 per share), utilizing a Binomial Model with the following underlying assumptions:

		Years Ended December 31
	2012		2011	2010

Average risk-free interest rate		1.28%	2.38%	2.09%
Contractual option life		7 years	6 years	1.70 - 6.25 years
Average expected volatility		50%	50%	50% - 61%
Dividend yield		0%	0%	0%

In 2012, the Company recorded a charge of $0.1 million, (2011 — $0.9 million, 2010 — $1.8 million) to costs and expenses related to revenues – services and selling, general and administrative expenses related to the non-employee stock options. Included in accrued liabilities is an accrual of $0.1 million for non-employee stock options recorded (December 31, 2011 - $0.1 million).

Restricted Common Shares

Under the terms of certain employment agreements dated July 12, 2000, the Company was required to issue either 160,000 restricted common shares or pay their cash equivalent upon request by the employees at any time. The Company accounted for the obligation as a liability, which was classified within accrued liabilities. In December 2010, upon request by the employees, the Company paid $4.2 million in cash to settle the equivalent of the remaining 160,000 restricted common shares under these agreements. The Company recorded an expense of $2.0 million in 2010 related to the restricted common shares.

Stock Appreciation Rights

There has been no stock appreciation rights (“SARs”) granted since 2007. During 2007, 2,280,000 SARs with a weighted average exercise price of $6.20 per right were granted in-lieu of stock options to certain Company executives. For the year ended December 31, 2012, 15,000 SARs were cash settled for $0.3 million (2011 — 999,500 SARs were cash settled for $23.7 million). The average exercise price for the settled SARs for the year ended December 31, 2012 was $6.86 (2011 — $6.86) per SAR. As at December 31, 2012, 118,000 SARs were outstanding and exercisable. None of the SARs were forfeited, cancelled, or expired for the years ended December 31, 2012 and 2011. The SARs vesting period ranges from immediately upon granting to 5 years, with a remaining contractual life of 5.00 years as at December 31, 2012. The outstanding SARs had a weighted average fair value of $16.23 per right as at December 31, 2012 (December 31, 2011 — $12.43). The Company accounts for the obligation of these SARs as a liability (December 31, 2012 — $1.9 million, December 31, 2011 — $1.6 million), which is classified within accrued liabilities. The Company has recorded an expense of $0.6 million for 2012 (2011 — $1.6 million, 2010 — $19.8 million) to selling, general and administrative expenses related to these SARs. The following assumptions were used for measuring the fair value of the SARs:

	As at December 31,
	2012	2011

Average risk-free interest rate	0.72%	1.09%
Expected option life (in years)	2.17	3.18 to 3.46
Expected volatility	50%	50%
Annual termination probability	8.52%	8.76%
Dividend yield	0%	0%

(d) Income per share

Reconciliations of the numerator and denominator of the basic and diluted per-share computations are comprised of the following:


		Years Ended December 31,
		2012		2011		2010
				As Revised		As Revised

Net income from continuing operations applicable to common shareholders		$	41,337	$	15,260	$	101,240
Weighted average number of common shares (000's):
Issued and outstanding, beginning of period			65,053		64,146		62,832
Weighted average number of shares issued during the period			801		358		744
Weighted average number of shares used in computing basic earnings per
	Share		65,854		64,504		63,576
Assumed exercise of stock options, net of shares assumed			2,079		3,355		3,108
Weighted average number of shares used in computing diluted earnings per
	Share		67,933		67,859		66,684

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section B
-Paragraph 7, 11A
-Chapter 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Consolidated Statements of Operations Supplemental Information

12 Months Ended

Dec. 31, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Consolidated Statements of Operations Supplemental Information

16. Consolidated Statements of Operations Supplemental Information

(a) Other Revenues

The Company enters into theater system arrangements with customers that typically contain customer payment obligations prior to the scheduled installation of the theater systems. During the period of time between signing and theater system installation, certain customers each year are unable to, or elect not to, proceed with the theater system installation for a number of reasons, including business considerations, or the inability to obtain certain consents, approvals or financing. Once the determination is made that the customer will not proceed with installation, the customer and/or the Company may terminate the arrangement by default or by entering into a consensual buyout. In these situations the parties are released from their future obligations under the arrangement, and the initial payments that the customer previously made to the Company are typically not refunded and are recognized as Other Revenues. In addition, the Company enters into agreements with customers to terminate their obligations for additional theater system configurations, which were in the Company's backlog. Other revenues from settlement arrangements were $0.7 million, $3.8 million and $0.4 million in 2012, 2011 and 2010, respectively.

(b) Foreign Exchange

Included in selling, general and administrative expenses for the December 31, 2012 is a $1.2 million gain, for net foreign exchange gains/losses related to the translation of foreign currency denominated monetary assets and liabilities and unhedged foreign exchange contracts compared with a loss of $1.3 million for the year ended December 31, 2011 and a gain of $1.5 million for the year ended December 31, 2010, respectively. See note 21(d) for additional information.

Joint Revenue Sharing Arrangements

In a joint revenue sharing arrangement, the Company receives a portion of a theater's box-office and concession revenues, and in some cases a small upfront or initial payment, in exchange for placing a theater system at the theater operator's venue. Under joint revenue sharing arrangements, the customer has the ability and the right to operate the hardware components or direct others to operate them in a manner determined by the customer. The Company's joint revenue sharing arrangements are typically non-cancellable for 7 to 10 years with renewal provisions. Title to equipment under joint revenue sharing arrangements does not transfer to the customer. The Company's joint revenue sharing arrangements do not contain a guarantee of residual value at the end of the term. The customer is required to pay for executory costs such as insurance and taxes and is required to pay the Company for maintenance and extended warranty throughout the term. The customer is responsible for obtaining insurance coverage for the theater systems commencing on the date specified in the arrangement's shipping terms and ending on the date the theater systems are delivered back to the Company.

The Company has signed joint revenue sharing agreements with 29 exhibitors for a total of 453 theater systems, of which 316 theaters were operating as at December 31, 2012, the terms of which are similar in nature, rights and obligations. The accounting policy for the Company's joint revenue sharing arrangements is disclosed in note 2(m).

Amounts attributable to transactions arising between the Company and its customers under joint revenue sharing arrangements are included in Rentals revenue and at December 31, 2012 amounted to $57.5 million (2011 — $30.8 million, 2010 - $41.8 million).

IMAX DMR

In an IMAX DMR arrangement, the Company transforms conventional motion pictures into the Company's large screen format, allowing the release of Hollywood content to the IMAX theater network. In a typical IMAX DMR film arrangement, the Company will absorb its costs for the digital re-mastering and then recoup this cost from a percentage of the gross box-office receipts of the film, which generally range from 10-15%. The Company does not typically hold distribution rights or the copyright to these films.

In 2012, the majority of IMAX DMR revenue was earned from the exhibition of 35 IMAX DMR films through the IMAX theater network. The accounting policy for the Company's IMAX DMR arrangements is disclosed in note 2(m).

Amounts attributable to transactions arising between the Company and its customers under IMAX DMR arrangements are included in Services revenues and for December 31, 2012 amounted to $78.1 million (2011 — $50.6 million, 2010 - $63.5 million).

Co-Produced Film Arrangements

In certain film arrangements, the Company co-produces a film with a third party whereby the third party retains the copyright and rights to the film, except that the Company obtains exclusive theatrical distribution rights to the film. Under these arrangements, both parties contribute funding to the Company's wholly-owned production company for the production of the film and for associated exploitation costs. Clauses in the film arrangements generally provide for the third party to take over the production of the film if the cost of the production exceeds its approved budget or if it appears as though the film will not be delivered on a timely basis.

As at December 31, 2012, the Company has 4 significant co-produced film arrangements which make up greater than 50% of the VIE total assets and liabilities balance of $15.9 million and 3 other co-produced film arrangements, the terms of which are similar. The accounting policies relating to co-produced film arrangements are disclosed in notes 2(a) and 2(n).

In 2012, amounts totaling $6.1 million (2011 —$7.5 million, 2010 - $7.7 million) attributable to transactions between the Company and other parties involved in the production of the films have been included in cost and expenses applicable to revenues-services.

Receivable Provisions Net of Recoveries

12 Months Ended

Dec. 31, 2012

Receivable Provisions, Net of Recoveries [Abstract]

Receivable Provisions, Net of Recoveries

17. Receivable Provisions, Net of Recoveries

The following table reflects the Company's receivable provisions net of recoveries recorded in the consolidated statements of operations:

	Years Ended December 31,
	2012		2011		2010
Accounts receivable provisions, net of recoveries	$	606	$	333	$	499
Financing receivable provisions, net of recoveries		(82)		1,237		944
Receivable provisions, net of recoveries	$	524	$	1,570	$	1,443

Asset Impairments

12 Months Ended

Dec. 31, 2012

Asset Impairment Charges [Abstract]

Asset Impairment Charges [Text Block]

18. Asset Impairments

	Years Ended December 31,
	2012		2011		2010

Property, plant and equipment	$	0	$	28	$	45
Total	$	0	$	28	$	45

The Company records asset impairment charges against property, plant and equipment after an assessment of the carrying value of certain groups in light of their future expected cash flows.

Consolidated Statements of Cash Flows Supplemental Information

12 Months Ended

Dec. 31, 2012

Consolidated Statements of Cash Flows Supplemental Information [Abstract]

Condensed Consolidated Statements of Cash Flows Supplemental Information

19. Consolidated Statements of Cash Flows Supplemental Information

(a) Changes in other non-cash operating assets and liabilities are comprised of the following:

		Years Ended December 31,
			2012		2011		2010
Decrease (increase) in:
	Accounts receivable	$	4,110	$	(7,486)	$	(2,423)
	Financing receivables		(7,349)		(14,623)		(11,874)
	Inventories		(422)		(1,264)		(3,828)
	Prepaid expenses		(706)		(294)		(223)
	Commissions and other deferred selling expenses		322		382		(432)
	Insurance recoveries		444		978		156
	Other assets		(752)		(2,357)		(25)
Increase (decrease) in:
	Accounts payable		(8,139)		5,592		100
	Accrued and other liabilities⁽¹⁾		(2,266)		(31,013)		(25,823)
	Deferred revenue		(504)		706		15,690
		$	(15,262)	$	(49,379)	$	(28,682)

Decrease in accruals and other liabilities for 2012 includes payments of $0.3 million for stock-based compensation (2011 - $23.7 million, 2010 - $14.7 million payment of pension benefits and $14.5 million payments for stock-based compensation).

	(b) Cash payments made on account of:
		Years Ended December 31,
			2012		2011		2010
Income taxes		$	1,283	$	3,349	$	682
Interest		$	1,374	$	1,260	$	1,719

	(c) Depreciation and amortization are comprised of the following:

		Years Ended December 31,
			2012		2011		2010
Film assets⁽¹⁾		$	15,515	$	12,934	$	10,900
Property, plant and equipment
	Joint revenue sharing arrangements		10,125		7,098		5,315
	Other property, plant and equipment		4,440		3,992		3,525
Other intangible assets			2,006		465		448
Other assets			532		286		7
Deferred financing costs			170		388		341
		$	32,788	$	25,163	$	20,536

__________

(1) Included in film asset amortization is a charge of $0.1 million (2011 —$0.5 million, 2010 — less than $0.1 million) relating to changes in estimates based on the ultimate recoverability of future films.

	(d) Write-downs, net of recoveries, are comprised of the following:

		Years Ended December 31,
			2012		2011		2010
Asset impairments
	Property, plant and equipment	$	-	$	28	$	45
Other charges (recoveries)
	Accounts receivables		606		333		499
	Financing receivables		(82)		1,237		944
	Inventories⁽¹⁾		898		-		999
	Impairment of available-for-sale investment		150		-		-
	Property, plant and equipment⁽²⁾		18		356		-
	Other intangible assets		11		-		64
	Other assets		6		-		-
		$	1,607	$	1,954	$	2,551


Inventory charges
	Recorded in costs and expenses applicable to revenues - product & equipment sales	$	795	$	-	$	827
	Recorded in costs and expenses applicable to revenues - services		103		-		172
		$	898	$	-	$	999

__________

(1) In 2012, the Company recorded a charge of $0.9 million (2011 — $nil, 2010 — $1.0 million, respectively) in costs and expenses applicable to revenues, primarily for its film-based projector inventories. Specifically, IMAX systems includes an inventory charge of $0.8 million (2011 — $nil, 2010 — $0.8 million). Theater system maintenance includes inventory write-downs of $0.1 million (2011 — $nil, 2010 — $0.2 million).

(2) The Company disposed of assets that no longer meet capitalization requirements as the assets were no longer in use. No cash was received for these assets.

Segmented Information

12 Months Ended

Dec. 31, 2012

Segmented Information [Abstract]

Segmented Information

20. Segmented Information

The Company has seven reportable segments identified by category of product sold or service provided: IMAX systems; theater system maintenance; joint revenue sharing arrangements; film production and IMAX DMR; film distribution; film post-production; and other. The IMAX systems segment designs, manufactures, sells or leases IMAX theater projection system equipment. The theater system maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network. The joint revenue sharing arrangements segment provides IMAX theater projection system equipment to an exhibitor in exchange for a share of the box-office and concession revenues. The film production and IMAX DMR segment produces films and performs film re-mastering services. The film distribution segment distributes films for which the Company has distribution rights. The film post-production segment provides film post-production and film print services. The Company refers to all theaters using the IMAX theater system as “IMAX theaters.” The other segment includes certain IMAX theaters that the Company owns and operates, camera rentals and other miscellaneous items. The accounting policies of the segments are the same as those described in note 2.

The Company's Chief Operating Decision Maker (“CODM”), as defined in the Segment Reporting Topic of the FASB ASC, assesses segment performance based on segment revenues, gross margins and film performance. Selling, general and administrative expenses, research and development costs, amortization of intangibles, receivables provisions (recoveries), write-downs net of recoveries, interest income, interest expense and tax (provision) recovery are not allocated to the segments.

Transactions between the film production and IMAX DMR segment and the film post-production segment are valued at exchange value. Inter-segment profits are eliminated upon consolidation, as well as for the disclosures below.

Transactions between the other segments are not significant.

	(a) Operating Segments

		Years Ended December 31,
			2012		2011		2010
Revenue⁽¹⁾
IMAX systems		$	83,405	$	93,200	$	76,004
Theater system maintenance			28,629		24,840		21,444
Joint revenue sharing arrangements			57,526		30,764		41,757
Films
	Production and IMAX DMR		78,050		50,592		63,462
	Distribution		14,222		16,074		17,937
	Post-production		7,904		8,235		7,702
Other			14,554		12,851		20,308
Total		$	284,290	$	236,556	$	248,614

Gross margins
IMAX systems⁽²⁾⁽⁴⁾		$	50,245	$	56,929	$	43,983
Theater system maintenance⁽²⁾			10,970		9,437		10,084
Joint revenue sharing arrangements⁽³⁾⁽⁴⁾			37,308		17,605		31,703
Films
	Production and IMAX DMR⁽⁴⁾		49,355		23,574		41,159
	Distribution⁽⁴⁾		2,356		3,025		5,205
	Post-production		1,954		2,985		2,891
Other			545		(337)		2,627
Total		$	152,733	$	113,218	$	137,652

		Years Ended December 31,
		2012		2011		2010
Depreciation and amortization
IMAX systems		$	2,946	$	1,770	$	2,253
Theater systems maintenance			212		184		-
Joint revenue sharing arrangements			11,836		7,939		5,322
Films
	Production and IMAX DMR		14,471		12,843		10,360
	Distribution		1,631		980		1,334
	Post-production		608		590		588
Other			172		156		132
Corporate and other non-segment specific assets			912		701		547
Total		$	32,788	$	25,163	$	20,536

			Years Ended December 31,
			2012		2011		2010
Asset impairments and write-downs, net of recoveries
IMAX systems		$	1,480	$	1,915	$	2,271
Theater systems maintenance			103		-		171
Joint revenue sharing arrangements			24		12		-
Films
	Production and IMAX DMR		-		-		64
Other			-		27		45
Total		$	1,607	$	1,954	$	2,551

		Years Ended December 31,
		2012		2011		2010
Purchase of property, plant and equipment
IMAX systems		$	2,958	$	1,076	$	3,441
Theater system maintenance			36		10		18
Joint revenue sharing arrangements			23,257		33,290		21,275
Films
	Production and IMAX DMR		1,175		1,150		450
	Distribution		178		49		90
	Post-production		0		638		514
Other			0		719		541
Corporate and other non-segment specific assets			1,708		1,886		284
Total		$	29,312	$	38,818	$	26,613

		As at December 31,
			2012		2011
				As Revised
Assets
IMAX systems⁽⁵⁾		$	153,201	$	154,312
Theater systems maintenance⁽⁵⁾			14,632		13,008
Joint revenue sharing arrangements⁽⁵⁾			125,602		120,483
Films
	Production and IMAX DMR		17,653		16,577
	Distribution		6,790		4,504
	Post-production		3,694		4,185
Other			3,142		2,718
Corporate and other non-segment specific assets			97,158		91,462
Total		$	421,872	$	407,249

__________

(1) The Company's two largest customers as at December 31, 2012 collectively represent 15.9% of total revenues (2011 – 17.4%, 2010 – 17.3%). In the third quarter of 2012, Dalian Wanda Group Co., Ltd., the parent company of Wanda Cinema Line Corporation (“Wanda”), acquired AMC Entertainment Holdings, Inc. (“AMC”). Prior to this transaction, AMC and Wanda were the Company's first and third largest customers. Under common ownership, the Wanda/AMC entity is the Company's largest customer. Revenues from this customer are included across all of the Company's segments. Prior year figures have been restated to reflect the change in the Company's largest customers.

(2) In 2012, the Company recorded a charge of $0.9 million (2011 – $nil, 2010 – $1.0 million, respectively) in costs and expenses applicable to revenues, primarily for its film-based projector inventories. Specifically, IMAX systems includes an inventory charge of $0.8 million (2011 – $nil, 2010 – $0.8 million). Theater system maintenance includes inventory write-downs of $0.1 million (2011 – $nil, 2010 – $0.2 million).

(3) In 2010, the Company adjusted the estimated useful life of its IMAX digital projection systems in use for those joint revenue sharing theaters, on a prospective basis, to reflect the change in term from 7 years to 10 years. This resulted in decreased depreciation expense of $1.0 million in 2010.

(4) IMAX systems include commission costs of $2.7 million, $2.4 million and $1.9 million in 2012, 2011 and 2010, respectively. Joint revenue sharing arrangements segment margins include advertising, marketing, and commission costs of $3.4 million, $5.4 million and $4.2 million in 2012, 2011 and 2010, respectively. Production and DMR segment margins include marketing costs of $3.3 million, $3.8 million and $2.1 million in 2012, 2011 and 2010, respectively. Distribution segment margins include marketing costs of $1.5 million, $1.9 million and $0.7 million in 2012, 2011 and 2010, respectively.

(5) Goodwill is allocated on a relative fair market value basis to the IMAX systems segment, theater system maintenance segment and joint revenue sharing segment.

(b) Geographic Information

Revenue by geographic area is based on the location of the customer. Revenue related to IMAX DMR is presented based upon the geographic location of the theaters that exhibit the re-mastered films. IMAX DMR revenue is generated through contractual relationships with studios and other third parties and these may not be in the same geographical location as the theater. Prior years' figures have been reclassified to conform to the current year geographical classification.

	Years Ended December 31,
	2012		2011		2010
Revenue
United States	$	128,082	$	110,124	$	142,899
Canada		19,109		21,232		9,204
Greater China		44,922		33,265		21,680
Western Europe		26,309		18,895		24,011
Asia (excluding Greater China)		28,899		22,186		19,646
Russia & the CIS		20,130		16,157		17,099
Latin America		9,419		6,051		5,221
Rest of the World		7,420		8,646		8,854
Total	$	284,290	$	236,556	$	248,614

No single country in the Rest of the World, Western Europe or Asia (excluding Greater China) classifications comprise more than 5% of total revenue.

	As at December 31,
	2012		2011
Property, plant and equipment
United States	$	55,658	$	54,133
Canada		21,779		19,004
Greater China		24,764		16,785
Asia (excluding Greater China)		7,134		6,486
Western Europe		3,556		3,945
Rest of the World		719		900
Total	$	113,610	$	101,253

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Paragraph 35
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Financial Instruments

12 Months Ended

Dec. 31, 2012

Financial Instruments [Abstract]

Financial Instruments

21. Financial Instruments

Financial Instruments

The Company maintains cash with various major financial institutions. The Company's cash is invested with highly rated financial institutions.

The Company's accounts receivables and financing receivables are subject to credit risk. The Company's accounts receivable and financing receivables are concentrated with the theater exhibition industry and film entertainment industry. To minimize the Company's credit risk, the Company retains title to underlying theater systems leased, performs initial and ongoing credit evaluations of its customers and makes ongoing provisions for its estimate of potentially uncollectible amounts. The Company believes it has adequately provided for related exposures surrounding receivables and contractual commitments.
Fair Value Measurements

The carrying values of the Company's cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities due within one year approximate fair values due to the short-term maturity of these instruments. The Company's other financial instruments at December 31, are comprised of the following:

		As at December 31, 2012				As at December 31, 2011
		Carrying		Estimated		Carrying		Estimated
		Amount		Fair Value		Amount		Fair Value
Borrowings under the Prior Credit Facility	$	(11,000)	$	(11,000)	$	(55,083)	$	(55,083)
Net financed sales receivable	$	81,148	$	78,933	$	67,300	$	65,846
Net investment in sales-type leases	$	13,045	$	13,513	$	19,414	$	20,448
Available-for-sale investment	$	1,350	$	1,350	$	1,012	$	1,012
Foreign exchange contracts — designated forwards	$	297	$	297	$	(182)	$	(182)
Foreign exchange contracts — non-designated forwards	$	-	$	-	$	(645)	$	(645)

The carrying value of borrowings under the Prior Credit Facility approximates fair value as the interest rates offered under the Prior Credit Facility are close to December 31, 2012 and 2011 market rates for the Company for debt of the same remaining maturities (Level 2 input in accordance with the Fair Value Measurements Topic of the FASB ASC hierarchy) as at December 31, 2012 and 2011, respectively.

The estimated fair values of the net financed sales receivable and net investment in sales-type leases are estimated based on discounting future cash flows at currently available interest rates with comparable terms (Level 2 input in accordance with the Fair Value Measurements Topic of the FASB ASC hierarchy) as at December 31, 2012 and 2011, respectively.

The fair value of the Company's available-for-sale investment is determined using the present value of expected cash flows based on projected earnings and other information readily available from the business venture (Level 3 input in accordance with the Fair Value Measurements Topic of the FASB ASC hierarchy) as at December 31, 2012 and 2011, respectively. The discounted cash flow valuation technique is based on significant unobservable inputs of revenue and expense projections, appropriately risk weighted, as the investment is in a start-up entity. The significant unobservable inputs used in the fair value measurement of the Company's available-for-sale investment are long-term revenue growth and pretax operating margin. A significant increase (decrease) in any of those inputs in isolation would result in a lower or higher fair value measurement.

The fair value of foreign currency derivatives are determined using quoted prices in active markets (Level 2 input in accordance with the Fair Value Measurements Topic of the FASB ASC hierarchy) as at December 31, 2012 and 2011, respectively. These identical instruments are traded on a closed exchange.

There were no significant transfers between Level 1 and Level 2 during the year ended December 31, 2012 or 2011. When a determination is made to classify an asset or liability within Level 3, the determination is based upon the significance of the unobservable inputs to the overall fair value measurement. The table below sets forth a summary of changes in the fair value of the Company's available-for-sale investment measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the period:


			Available For Sale Investments
			2012		2011

Beginning balance, January 1,			$	1,012	$	1,500
	Transfers into/out of Level 3			-		-
	Total gains or losses (realized/unrealized)
		Included in earnings		-		-
		Included in other comprehensive income		338		(488)
	Purchases, issuances, sales and settlements			-		-
Ending balance, December 31,			$	1,350	$	1,012

The amount of total gains or losses for the period included in earnings attributable to the
	change in unrealized gains or losses relating to assets still held at the reporting date		$	(150)	$	-

There were no transfers in or out of the Company's level 3 assets during the year ended December 31, 2012.

In the year ended December 31, 2012, the Company recognized a $0.2 million other-than-temporary impairment of its available-for-sale investment, in “Impairment of available-for-sale investment” in the consolidated statement of operations, as the value is not expected to recover based on the length of time and extent to which the market value has been less than cost.

Financing Receivables

The Company's net investment in leases and its net financed sale receivables are subject to the disclosure requirements of ASC 310 “Receivables”. Due to differing risk profiles of its net investment in leases and its net financed sales receivables, the Company views its net investment in leases and its net financed sale receivables as separate classes of financing receivables. The Company does not aggregate financing receivables to assess impairment.

The Company monitors the credit quality of each customer on a frequent basis through collections and aging analyses. The Company also holds meetings monthly in order to identify credit concerns and whether a change in credit quality classification is required for the customer. A customer may improve in their credit quality classification once a substantial payment is made on overdue balances or the customer has agreed to a payment plan with the Company and payments have commenced in accordance to the payment plan. The change in credit quality indicator is dependent upon management approval.

The Company classifies its customers into four categories to indicate the credit quality worthiness of its financing receivables for internal purposes only:

Good standing — Theater continues to be in good standing with the Company as the client's payments and reporting are up-to-date.

Credit Watch — Theater operator has begun to demonstrate a delay in payments, has been placed on the Company's credit watch list for continued monitoring, but active communication continues with the Company. Depending on the size of outstanding balance, length of time in arrears and other factors, transactions may need to be approved by management. These financing receivables are considered to be in better condition than those receivables related to theaters in the "Pre-approved transactions" category, but not in as good of condition as those receivables in "Good standing."

Pre-approved transactions only — Theater operator is demonstrating a delay in payments with little or no communication with the Company. All service or shipments to the theater must be reviewed and approved by management. These financing receivables are considered to be in better condition than those receivables related to theaters in the "All transactions suspended" category, but not in as good of condition as those receivables in "Credit Watch." Depending on the individual facts and circumstances of each customer, finance income recognition may be suspended if management believes the receivable to be impaired.

All transactions suspended — Theater is severely delinquent, non-responsive or not negotiating in good faith with the Company. Once a theater is classified as “All transactions suspended”, the theater is placed on nonaccrual status and all revenue recognitions related to the theater are stopped.

The following table discloses the recorded investment in financing receivables by credit quality indicator:

	As at December 31, 2012						As at December 31, 2011
	Minimum		Financed				Minimum		Financed
	Lease		Sales				Lease		Sales
	Payments		Receivables		Total		Payments		Receivables		Total

In good standing	$	11,508	$	69,310	$	80,818	$	15,667	$	55,907	$	71,574
Credit Watch		-		10,930		10,930		1,506		3,718		5,224
Pre-approved transactions		467		293		760		1,837		7,272		9,109
Transactions suspended		2,200		681		2,881		2,237		719		2,956
	$	14,175	$	81,214	$	95,389	$	21,247	$	67,616	$	88,863

While recognition of finance income is suspended, payments received by a customer are applied against the outstanding balance owed. If payments are sufficient to cover any unreserved receivables, a recovery of provision taken on the billed amount, if applicable, is recorded to the extent of the residual cash received. Once the collectibility issues are resolved and the customer has returned to being in good standing, the Company will resume recognition of finance income. During the year ended December 31, 2012, a financing receivable was modified as a troubled debt restructuring. The customer has paid all overdue amounts in accordance with such restructuring which has resulted in a change in the credit quality classification from 'pre-approved transactions' to 'in good standing'.

The Company's investment in financing receivables on nonaccrual status is as follows:

		As at December 31, 2012				As at December 31, 2011
		Recorded		Related		Recorded		Related
		Investment		Allowance		Investment		Allowance

Net investment in leases		$	2,666	$	(1,130)	$	4,692	$	(1,833)
Net financed sales receivables			1,322		(66)		1,329		(316)
	Total	$	3,988	$	(1,196)	$	6,021	$	(2,149)

The Company considers financing receivables with aging between 60-89 days as indications of theaters with potential collection concerns. The Company will begin to focus its review on these financing receivables and increase its discussions internally and with the theater regarding payment status. Once a theater's aging exceeds 90 days, the Company's policy is to review and assess collectibility on theater's past due accounts. Over 90 days past due is used by the Company as an indicator of potential impairment as invoices up to 90 days outstanding could be considered reasonable due to the time required for dispute resolution or for the provision of further information or supporting documentation to the customer.

The Company's aged financing receivables are as follows:

	As at December 31, 2012
									Related						Recorded
							Billed		Unbilled		Total				Investment
							Financing		Recorded		Recorded		Related		Net of
	Current		30-89 Days		90+ Days		Receivables		Investment		Investment		Allowances		Allowances

Net investment in leases	$	144	$	202	$	1,240	$	1,586	$	12,589	$	14,175	$	(1,130)	$	13,045
Net financed sales receivables		1,063		670		1,267		3,000		78,214		81,214		(66)		81,148
Total	$	1,207	$	872	$	2,507	$	4,586	$	90,803	$	95,389	$	(1,196)	$	94,193


	As at December 31, 2011
									Related						Recorded
							Billed		Unbilled		Total				Investment
							Financing		Recorded		Recorded		Related		Net of
	Current		30-89 Days		90+ Days		Receivables		Investment		Investment		Allowances		Allowances

Net investment in leases	$	350	$	261	$	1,754	$	2,365	$	18,882	$	21,247	$	(1,833)	$	19,414
Net financed sales receivables		723		593		1,029		2,345		65,270		67,616		(316)		67,300
Total	$	1,073	$	854	$	2,783	$	4,710	$	84,152	$	88,863	$	(2,149)	$	86,714

The Company's recorded investment in past due financing receivables for which the Company continues to accrue finance income is as follows:

	As at December 31, 2012
									Related				Recorded
							Billed		Unbilled				Investment
							Financing		Recorded		Related		Past Due
	Current		30-89 Days		90+ Days		Receivables		Investment		Allowance		and Accruing

Net investment in leases	$	11	$	59	$	23	$	93	$	1,449	$	-	$	1,542
Net financed sales receivables		223		382		864		1,469		16,173		-		17,642
Total	$	234	$	441	$	887	$	1,562	$	17,622	$	-	$	19,184


	As at December 31, 2011
									Related				Recorded
							Billed		Unbilled				Investment
							Financing		Recorded		Related		Past Due
	Current		30-89 Days		90+ Days		Receivables		Investment		Allowance		and Accruing

Net investment in leases	$	67	$	118	$	144	$	329	$	3,766	$	-	$	4,095
Net financed sales receivables		202		345		674		1,221		16,343		-		17,564
Total	$	269	$	463	$	818	$	1,550	$	20,109	$	-	$	21,659

The Company considers financing receivables to be impaired when it believes it to be probable that it will not recover the full amount of principal or interest owing under the arrangement. The Company uses its knowledge of the industry and economic trends, as well as its prior experiences to determine the amount recoverable for impaired financing receivables. The following table discloses information regarding the Company's impaired financing receivables:


			Impaired Financing Receivables
			For the Year Ended December 31, 2012
									Average		Interest
			Recorded		Unpaid		Related		Recorded		Income
			Investment		Principal		Allowance		Investment		Recognized
Recorded investment for which there is a related allowance:
		Net financed sales receivables	$	187	$	220	$	(66)	$	201	$	-

Recorded investment for which there is no related allowance:
		Net financed sales receivables		377		13		-		479		22

Total recorded investment in impaired loans:
		Net financed sales receivables	$	564	$	233	$	(66)	$	680	$	22


			Impaired Financing Receivables
			For the Year Ended December 31, 2011
									Average		Interest
			Recorded		Unpaid		Related		Recorded		Income
			Investment		Principal		Allowance		Investment		Recognized
Recorded investment for which there is a related
	allowance:
		Net financed sales receivables	$	927	$	402	$	(316)	$	972	$	-

Total recorded investment in impaired loans:
		Net financed sales receivables	$	927	$	402	$	(316)	$	972	$	-

The Company's activity in the allowance for credit losses for the period and the Company's recorded investment in financing receivables is as follows:

		Year Ended December 31, 2012
		Net Investment		Net Financed
		in Leases		Sales Receivables
Allowance for credit losses:

Beginning balance		$	1,833	$	316
	Charge-offs		(1,019)		(109)	⁽¹⁾
	Provision		316		(141)
Ending balance		$	1,130	$	66

Ending balance: individually evaluated for impairment		$	1,130	$	66


Financing receivables:

Ending balance: individually evaluated for impairment		$	14,174	$	81,215

		Year Ended December 31, 2011
		Net Investment		Net Financed
		in Leases		Sales Receivables
Allowance for credit losses:

Beginning balance		$	4,838	$	66
	Charge-offs		(4,526)		-
	Provision		1,521		250
Ending balance		$	1,833	$	316

Ending balance: individually evaluated for impairment		$	1,833	$	316


Financing receivables:

Ending balance: individually evaluated for impairment		$	21,247	$	67,616

As a result of a troubled debt restructuring in the year ended December 31, 2012, the Company recorded a $0.1 million write-down on a $0.5 million recorded investment.

Foreign Exchange Risk Management

The Company is exposed to market risk from changes in foreign currency rates. A majority portion of the Company's revenues is denominated in U.S. dollars while a substantial portion of its costs and expenses is denominated in Canadian dollars. A portion of the net U.S. dollar cash flows of the Company is periodically converted to Canadian dollars to fund Canadian dollar expenses through the spot market. In Japan, the Company has ongoing operating expenses related to its operations in Japanese yen. Net Japanese yen cash flows are converted to U.S. dollars generally through the spot market. The Company also has cash receipts under leases denominated in Chinese Renminbi, Japanese yen, Canadian dollar and Euros which are converted to U.S. dollars generally through the spot market. The Company's policy is to not use any financial instruments for trading or other speculative purposes.

The Company entered into a series of foreign currency forward contracts to manage the Company's risks associated with the volatility of foreign currencies. Certain of these foreign currency forward contracts met the criteria required for hedge accounting under the Derivatives and Hedging Topic of the FASB ASC at inception, and continue to meet hedge effectiveness tests at December 31, 2012 (the “Foreign Currency Hedges”), with settlement dates throughout 2013. Foreign currency derivatives are recognized and measured in the balance sheet at fair value. Changes in the fair value (gains or losses) are recognized in the consolidated statement of operations except for derivatives designated and qualifying as foreign currency hedging instruments. For foreign currency hedging instruments, the effective portion of the gain or loss in a hedge of a forecasted transaction is reported in other comprehensive income and reclassified to the consolidated statement of operations when the forecasted transaction occurs. Any ineffective portion is recognized immediately in the consolidated statement of operations.

The following tabular disclosures reflect the impact that derivative instruments and hedging activities have on the Company's consolidated financial statements:

Notional value of foreign exchange contracts:

			As at December 31,
			2012		2011
Derivatives designated as hedging instruments:
	Foreign exchange contracts — Forwards	$	8,069	$	20,581

Derivatives not designated as hedging instruments:
	Foreign exchange contracts — Forwards		-		67,341
		$	8,069	$	87,922

Fair value of derivatives in foreign exchange contracts:

				As at December 31,
		Balance Sheet Location	2012		2011
Derivatives designated as hedging instruments:
	Foreign exchange contracts — Forwards	Other assets (Accrued liabilities)	$	297	$	(182)

Derivatives not designated as hedging instruments:
	Foreign exchange contracts — Forwards	Accrued liabilities		-		(645)
			$	297	$	(827)

Derivatives in Foreign Currency Hedging relationships are as follows:

			Years Ended December 31,
			2012		2011		2010
Foreign exchange contracts - Forwards	Derivative Gain (Loss) Recognized in OCI (Effective Portion)	$	716	$	(162)	$	797
		$	716	$	(162)	$	797

	Location of Derivative Gain
	Reclassified from AOCI		Years Ended December 31,
	into Income (Effective Portion)		2012		2011		2010
Foreign exchange contracts - Forwards	Selling, general and administrative expenses	$	236	$	684	$	665
		$	236	$	684	$	665

Non Designated Derivatives in Foreign Currency relationships are as follows:

			Years Ended December 31,
	Location of Derivative Gain (Loss)		2012		2011		2010
Foreign exchange contracts - Forwards	Selling, general and administrative expenses	$	1,184	$	(1,014)	$	2,036
		$	1,184	$	(1,014)	$	2,036

Investments in New Business Ventures

The Company accounts for investments in new business ventures using the guidance of the FASB ASC 323 and the FASB ASC 320, as appropriate. As at December 31, 2012, the equity method of accounting is being utilized for an investment with a carrying value of $3.1 million (December 31, 2011 ─ $4.1 million). For the year ended December 31, 2012, gross revenues, cost of revenue and net loss for the investment were $9.0 million, $12.7 million and $13.4 million, respectively (2011 ─ $2.3 million, $9.8 million, and $17.7 million, respectively). The Company has determined it is not the primary beneficiary of this VIE, and therefore it has not been consolidated. The difference between the Company's investment balance and the amount of underlying equity in net assets owned by the Company amounts to $1.1 million and relates to goodwill. In addition, the Company has an investment in preferred stock of another business venture of $1.5 million which meets the criteria for classification as a debt security under the FASB ASC 320 and is recorded at its fair value of $1.3 million at December 31, 2012 (December 31, 2011 — $1.0 million). In the year ended December 31, 2012, the Company recognized an other-than-temporary impairment for its investment of $0.2 million (2011 — $nil). This investment is classified as an available-for-sale investment. The total carrying value of investments in new business ventures at December 31, 2012 and 2011 is $4.4 million and $5.1 million, respectively, and is recorded in Other Assets.

Employees Pension and Postretirement Benefits

12 Months Ended

Dec. 31, 2012

Employees Pension and Postretirement Benefits [Abstract]

Employees Pension and Postretirement Benefits

22. Employees' Pension and Postretirement Benefits

(a) Defined Benefit Plan

The Company has an unfunded U.S. defined benefit pension plan, the SERP, covering Richard L. Gelfond, Chief Executive Officer (“CEO”) of the Company and Bradley J. Wechsler, Chairman of the Company's Board of Directors. The SERP provides for a lifetime retirement benefit from age 55 determined as 75% of the member's best average 60 consecutive months of earnings over the member's employment history. The benefits were 50% vested as at July 2000, the SERP initiation date. The vesting percentage increases on a straight-line basis from inception until age 55. As at December 31, 2010, the benefits of Mr. Gelfond were 100% vested. Upon a termination for cause, prior to a change of control, the executive shall forfeit any and all benefits to which such executive may have been entitled, whether or not vested.

Under the terms of the SERP, if Mr. Gelfond's employment is terminated other than for cause, he is entitled to receive SERP benefits in the form of a lump sum payment. SERP benefit payments to Mr. Gelfond are subject to a deferral for six months after the termination of his employment, at which time Mr. Gelfond will be entitled to receive interest on the deferred amount credited at the applicable federal rate for short-term obligations. The term of Mr. Gelfond's current employment agreement has been extended through December 31, 2013, although Mr. Gelfond has not informed the Company that he intends to retire at that time. Under the terms of the extension, Mr. Gelfond also agreed that any compensation earned during 2011, 2012 and 2013 would not be included in calculating his entitlement under the SERP.

In 2010, under the terms of the SERP, the Company made a lump sum payment of $14.7 million to Mr. Wechsler in accordance with the terms of the plan, representing a settlement in full of Mr. Wechsler's entitlement under the SERP.

The following assumptions were used to determine the obligation and cost status of the Company's SERP at the plan measurement dates:

		As at December 31,
		2012	2011
Discount rate		0.96%	1.43%
Lump sum interest rate:
	First 25 years	n/a	n/a
	First 20 years	2.67%	3.74%
	Thereafter	3.01%	3.70%
Cost of living adjustment on benefits		1.20%	1.20%
Rate of increase in qualifying compensation levels		0.00%	0.00%

The amounts accrued for the SERP are determined as follows:

		Years Ended December 31,
		2012		2011
Projected benefit obligation:
	Obligation, beginning of year	$	18,990	$	18,108
	Interest cost		272		279
	Actuarial loss		1,104		603
	Obligation, end of year and unfunded status	$	20,366	$	18,990

The following table provides disclosure of the pension benefit obligation recorded in the consolidated balance sheets:

	As at December 31,
	2012		2011
Accrued benefits cost	$	(20,366)	$	(18,990)
Accumulated other comprehensive loss		3,367		2,628
Net amount recognized in the consolidated balance sheets	$	(16,999)	$	(16,362)

The following table provides disclosure of pension expense for the SERP for the year ended December 31:

	Years ended December 31
	2012		2011		2010
Service cost	$	-	$	-	$	448
Interest cost		272		279		351
Amortization of actuarial loss		365		214		-
Realized actuarial gain of settlement of pension liability		-		-		(385)
Pension expense	$	637	$	493	$	414

The accumulated benefit obligation for the SERP was $20.4 million at December 31, 2012 (2011 — $19.0 million).

The following amounts were included in accumulated other comprehensive income and will be recognized as components of net periodic benefit cost in future periods:

		As at December 31,
	2012		2011			2010

Unrecognized actuarial loss	$	3,367	$	2,628	$	2,239

No contributions were made for the SERP during 2012. The Company expects interest costs of $0.2 million and amortization of actuarial losses of $0.4 million to be recognized as a component of net periodic benefit cost in 2013.

The following benefit payments are expected to be made as per the current SERP assumptions and the terms of the SERP in each of the next five years, and in the aggregate:

2013	$	-
2014		21,058
2015		-
2016		-
2017		-
Thereafter		-
	$	21,058

(b) Defined Contribution Pension Plan

The Company also maintains defined contribution pension plans for its employees, including its executive officers. The Company makes contributions to these plans on behalf of employees in an amount up to 5% of their base salary subject to certain prescribed maximums. During 2012, the Company contributed and expensed an aggregate of $1.1 million (2011 — $1.0 million, 2010 — $0.9 million) to its Canadian plan and an aggregate of $0.3 million (2011 — $0.2 million, 2010 — $0.2 million) to its defined contribution employee pension plan under Section 401(k) of the U.S. Internal Revenue Code.

The Company has an unfunded postretirement plan for Messrs. Gelfond and Wechsler. The plan provides that the Company will maintain health benefits for Messrs. Gelfond and Wechsler until they become eligible for Medicare and, thereafter, the Company will provide Medicare supplemental coverage as selected by Messrs. Gelfond and Wechsler.

The amounts accrued for the plan are determined as follows:

	As at December 31,
	2012		2011
Obligation, beginning of year	$	502	$	476
Interest cost		13		26
Actuarial loss		9		-
Obligation, end of year	$	524	$	502

The following details the net cost components, all related to continuing operations, and underlying assumptions of postretirement benefits other than pensions:

	Years Ended December 31,
	2012		2011		2010
Interest cost	$	13	$	26	$	26
Actuarial loss (gain)		9		0		(6)
	$	22	$	26	$	20

Weighted average assumptions used to determine the benefit obligation are:

Weighted average assumptions used to determine the benefit obligation are:
	As at December 31,
	2012		2011		2010
Discount rate	3.75	%	4.20	%	5.30	%

Weighted average assumptions used to determine the net postretirement benefit expense are:

Weighted average assumptions used to determine the net postretirement benefit expense are:
	Years Ended December 31
	2012		2011		2010
Discount rate	4.50	%	4.50	%	4.50	%

The following benefit payments are expected to be made as per the current plan assumptions in each of the next five years:

2013	$	18
2014	$	19
2015	$	21
2016	$	44
2017	$	30
Thereafter	$	392
Total	$	524

(d) Postretirement Benefits – Canadian Employees

The Company has an unfunded postretirement plan for its Canadian employees upon meeting specific eligibility requirements. The Company will provide eligible participants, upon retirement, with health and welfare benefits.

The amounts accrued for the plan are determined as follows:

	As at December 31,
	2012		2011
Obligation, beginning of year	$	4,052	$	3,440
Interest cost		194		183
Service cost		231		195
Actuarial loss		129		234
Obligation, end of year	$	4,606	$	4,052

The following details the net cost components, all related to continuing operations, and underlying assumptions of postretirement benefits other than pensions:

	Years Ended December 31,
	2012		2011		2010
Interest cost	$	194	$	183	$	168
Service cost		231		195		160
	$	425	$	378	$	328

Weighted average assumptions used to determine the benefit obligation and net postretirement benefit expense are:
	As at December 31,
	2012		2011		2010
Discount rate	4.00	%	4.50	%	5.00	%

The following benefit payments are expected to be made as per the current plan assumptions in each of the next five years:

2013	$	65
2014	$	60
2015	$	67
2016	$	84
2017	$	98
Thereafter	$	4,232
Total	$	4,606

In February 2013, the Company amended the Canadian postretirement plan to reduce future benefits provided under the plan. As a result of this change, the Company anticipates the postretirement liability to be reduced by $2.7 million, resulting in a pre-tax curtailment gain in the first quarter of 2013 of approximately $2.4 million.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Asset Retirement Obligations

12 Months Ended

Dec. 31, 2012

Asset Retirement Obligation Disclosure [Abstract]

Asset Retirement Obligation Disclosure [Text Block]

23. Asset Retirement Obligations

The Company has accrued costs related to obligations in respect of required reversion costs for its owned and operated theaters under long-term real estate leases which will become due in the future. The Company does not have any legal restrictions with respect to settling any of these long-term leases. A reconciliation of the Company's liability in respect of required reversion costs is shown below:

	Years Ended December 31,
	2012		2011		2010
Beginning balance, January 1	$	230	$	286	$	267
Accretion expense		19		17		19
Reduction in asset retirement obligation due to lease renegotiation		-		(73)		-
Ending balance, December 31	$	249	$	230	$	286

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable interest entities	The consolidated financial statements include the accounts of the Company together with its wholly-owned subsidiaries, except for subsidiaries which the Company has identified as variable interest entities (“VIEs”) where the Company is not the primary beneficiary. The Company has evaluated its various variable interests to determine whether they are VIEs as required by the Consolidation Topic of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC” or “Codification”). The Company has 9 film production companies that are VIEs. For 2 of the Company's film production companies, the Company has determined that it is the primary beneficiary of these entities as the Company has the power to direct the activities of the respective VIE that most significantly impact the respective VIE's economic performance and has the obligation to absorb losses of the VIE that could potentially be significant to the respective VIE or the right to receive benefits from the respective VIE that could potentially be significant to the respective VIE. The Company continues to consolidate these entities, with no material impact on the operating results or financial condition of the Company, as these production companies have total assets of $nil (December 31, 2011 — $nil) and total liabilities of $nil as at December 31, 2012 (December 31, 2011 — $nil). For the other 7 film production companies which are VIEs, the Company did not consolidate these film entities since it does not have the power to direct activities and does not absorb the majority of the expected losses or expected residual returns. The Company equity accounts for these entities. As at December 31, 2012, these 7 VIEs have total assets and total liabilities of $15.9 million (December 31, 2011 — $12.7 million). Earnings of the investees included in the Company's consolidated statement of operations amounted to $nil in 2012 (2011 — $nil). The carrying value of these investments in VIEs that are not consolidated is $nil at December 31, 2012 (December 31, 2011 — $nil). A loss in value of an investment other than a temporary decline is recognized as a charge to the consolidated statement of operations. The Company's exposure, which is determined based on the level of funding contributed by the Company and the development stage of the respective film, is $0.9 million at December 31, 2012 (2011 — $nil).
SFAS 167 and ASU No. 2009-17	The consolidated financial statements include the accounts of the Company together with its wholly-owned subsidiaries, except for subsidiaries which the Company has identified as variable interest entities (“VIEs”) where the Company is not the primary beneficiary. The Company has evaluated its various variable interests to determine whether they are VIEs as required by the Consolidation Topic of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC” or “Codification”). The Company has 9 film production companies that are VIEs. For 2 of the Company's film production companies, the Company has determined that it is the primary beneficiary of these entities as the Company has the power to direct the activities of the respective VIE that most significantly impact the respective VIE's economic performance and has the obligation to absorb losses of the VIE that could potentially be significant to the respective VIE or the right to receive benefits from the respective VIE that could potentially be significant to the respective VIE. The Company continues to consolidate these entities, with no material impact on the operating results or financial condition of the Company, as these production companies have total assets of $nil (December 31, 2011 — $nil) and total liabilities of $nil as at December 31, 2012 (December 31, 2011 — $nil). For the other 7 film production companies which are VIEs, the Company did not consolidate these film entities since it does not have the power to direct activities and does not absorb the majority of the expected losses or expected residual returns. The Company equity accounts for these entities. As at December 31, 2012, these 7 VIEs have total assets and total liabilities of $15.9 million (December 31, 2011 — $12.7 million). Earnings of the investees included in the Company's consolidated statement of operations amounted to $nil in 2012 (2011 — $nil). The carrying value of these investments in VIEs that are not consolidated is $nil at December 31, 2012 (December 31, 2011 — $nil). A loss in value of an investment other than a temporary decline is recognized as a charge to the consolidated statement of operations. The Company's exposure, which is determined based on the level of funding contributed by the Company and the development stage of the respective film, is $0.9 million at December 31, 2012 (2011 — $nil).
Equity and Cost Method Investments, Policy [Policy Text Block]	The Company accounts for investments in new business ventures using the guidance of the FASB ASC 323 “Investments – Equity Method and Joint Ventures” (“ASC 323”) and ASC 320 “Investments in Debt and Equity Securities” (“ASC 320”), as appropriate. At December 31, 2012, the equity method of accounting is being utilized for an investment with a carrying value of $3.1 million (December 31, 2011 — $4.1 million). The Company has determined it is not the primary beneficiary of this VIE, and therefore it has not been consolidated. In addition, the Company has an investment in preferred stock of another business venture of $1.5 million which meets the criteria for classification as a debt security under ASC 320 and is recorded at its fair value of $1.3 million at December 31, 2012 (December 31, 2011 — $1.0 million). This investment is classified as an available-for-sale investment. The total carrying value of investments in new business ventures at December 31, 2012 and December 31, 2011 is $4.4 million and $5.1 million, respectively, and is recorded in Other Assets.
Marketable Securities, Available-for-sale Securities, Policy [Policy Text Block]	The Company accounts for investments in new business ventures using the guidance of the FASB ASC 323 “Investments – Equity Method and Joint Ventures” (“ASC 323”) and ASC 320 “Investments in Debt and Equity Securities” (“ASC 320”), as appropriate. At December 31, 2012, the equity method of accounting is being utilized for an investment with a carrying value of $3.1 million (December 31, 2011 — $4.1 million). The Company has determined it is not the primary beneficiary of this VIE, and therefore it has not been consolidated. In addition, the Company has an investment in preferred stock of another business venture of $1.5 million which meets the criteria for classification as a debt security under ASC 320 and is recorded at its fair value of $1.3 million at December 31, 2012 (December 31, 2011 — $1.0 million). This investment is classified as an available-for-sale investment. The total carrying value of investments in new business ventures at December 31, 2012 and December 31, 2011 is $4.4 million and $5.1 million, respectively, and is recorded in Other Assets.
ASU 2009-13	Multiple Element Arrangements The Company's revenue arrangements with certain customers may involve multiple elements consisting of a theater system (projector, sound system, screen system and, if applicable, 3D glasses cleaning machine); services associated with the theater system including theater design support, supervision of installation, and projectionist training; a license to use of the IMAX brand; 3D glasses; maintenance and extended warranty services; and licensing of films. The Company evaluates all elements in an arrangement to determine what are considered deliverables for accounting purposes and which of the deliverables represent separate units of accounting based on the applicable accounting guidance in the Leases Topic of the FASB ASC; the Guarantees Topic of the FASB ASC; the Entertainment – Films Topic of FASB ASC; and the Revenue Recognition Topic of the FASB. If separate units of accounting are either required under the relevant accounting standards or determined to be applicable under the Revenue Recognition Topic, the total consideration received or receivable in the arrangement is allocated based on the applicable guidance in the above noted standards. Theater Systems The Company has identified the projection system, sound system, screen system and, if applicable, 3D glasses cleaning machine, theater design support, supervision of installation, projectionist training and the use of the IMAX brand to be a single deliverable and a single unit of accounting (the “System Deliverable”). When an arrangement does not include all the elements of a System Deliverable, the elements of the System Deliverable included in the arrangement are considered by the Company to be a single deliverable and a single unit of accounting. The Company is not responsible for the physical installation of the equipment in the customer's facility; however, the Company supervises the installation by the customer. The customer has the right to use the IMAX brand from the date the Company and the customer enter into an arrangement. The Company's System Deliverable arrangements involve either a lease or a sale of the theater system. Consideration in the Company's arrangements, that are not joint revenue sharing arrangements, consist of upfront or initial payments made before and after the final installation of the theater system equipment and ongoing payments throughout the term of the lease or over a period of time, as specified in the arrangement. The ongoing payments are the greater of an annual fixed minimum amount or a certain percentage of the theater box-office. Amounts received in excess of the annual fixed minimum amounts are considered contingent payments. The Company's arrangements are non-cancellable, unless the Company fails to perform its obligations. In the absence of a material default by the Company, there is no right to any remedy for the customer under the Company's arrangements. If a material default by the Company exists, the customer has the right to terminate the arrangement and seek a refund only if the customer provides notice to the Company of a material default and only if the Company does not cure the default within a specified period. Sales Arrangements For arrangements qualifying as sales, the revenue allocated to the System Deliverable is recognized in accordance with the Revenue Recognition Topic of the FASB ASC, when all of the following conditions have been met: (i) the projector, sound system and screen system have been installed and are in full working condition, (ii) the 3D glasses cleaning machine, if applicable, has been delivered, (iii) projectionist training has been completed and (iv) the earlier of (a) receipt of written customer acceptance certifying the completion of installation and run-in testing of the equipment and the completion of projectionist training or (b) public opening of the theater, provided there is persuasive evidence of an arrangement, the price is fixed or determinable and collectibility is reasonably assured. The initial revenue recognized consists of the initial payments received and the present value of any future initial payments and fixed minimum ongoing payments that have been attributed to this unit of accounting. Contingent payments in excess of the fixed minimum ongoing payments are recognized when reported by theater operators, provided collectibility is reasonably assured. The Company has also agreed, on occasion, to sell equipment under lease or at the end of a lease term. Consideration agreed to for these lease buyouts is included in revenues from equipment and product sales, when persuasive evidence of an arrangement exists, the fees are fixed or determinable, collectibility is reasonably assured and title to the theater system passes from the Company to the customer. In a certain sales arrangement not subject to the provisions of the amended FASB ASC 605-25, “Revenue Recognition: Multiple-Element Arrangements” (“ASC 605-25”), as the arrangement was entered into before January 1, 2011 and not materially modified subsequently, the Company provided a customer with digital upgrades on several systems, including several specified upgrades to an as-of-yet undeveloped product. At the current-period-end, the Company has not yet established the fair value of this product, and as a result, the Company cannot determine the arrangement's consideration nor its allocation of consideration between delivered and undelivered items. Consequently, revenue recognition has been deferred for all delivered items in the arrangement. Once the Company determines an objective and reliable fair value of the undeveloped specified upgrade, the Company will be able to calculate total arrangement consideration and consequently, the Company will be able to recognize revenue on the delivered elements of the arrangement. If the arrangement is materially modified in the future such that contract consideration becomes fixed, the arrangement in its entirety would be subject to the provisions of the amended FASB ASC 605-25 and the Company would be required to develop, absent an established selling price for the undeveloped specified upgrade, a best estimated selling price for the undeveloped specified upgrade, allocate the arrangement's consideration on a relative selling price allocation basis, and recognize revenue on the delivered elements based on that allocation.
ASU No. 2011-11	Recently Issued FASB Accounting Standard Codification Updates In December 2011, the FASB issued ASU No. 2011-11, “Balance Sheet - Disclosures about Offsetting Assets and Liabilities (ASC Topic 210)”. The purpose of the amendment is to provide greater clarity within disclosures between entities reporting in U.S. GAAP versus IFRS that have offsetting (netting) assets and liabilities. Entities will be required to disclose both gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. An entity is required to apply the amendments in ASU 2011-11 for annual reporting periods beginning on or after January 1, 2013 and interim periods within those annual periods. It is to be applied retrospectively for all comparative periods presented. On January 1, 2013 the Company adopted the amended ASC 210 standard. The adoption of this standard is not expected to have a material impact however it may expand the Company's disclosures in its condensed consolidated financial statements for the period ending March 31, 2013.
Cash and Cash Equivalents, Policy [Policy Text Block]	(c) Cash and Cash Equivalents The Company considers all highly liquid investments convertible to a known amount of cash and with an original maturity of three months or less to be cash equivalents.
Short-term Investments, Policy [Policy Text Block]
Accounts Receivables Allowance for Doubtful Accounts, Policy	Allowances for doubtful accounts receivable are based on the Company’s assessment of the collectibility of specific customer balances, which is based upon a review of the customer’s credit worthiness, past collection history and the underlying asset value of the equipment, where applicable. Interest on overdue accounts receivable is recognized as income as the amounts are collected. For trade accounts receivable that have characteristics of both a contractual maturity of one year or less, and arose from the sale of other goods or services, the Company charges off the balance against the allowance for doubtful accounts when it is known that a provided amount will not be collected.
Financing Receivable, Allowance for Credit Losses, Policy for Uncollectible Amounts	The Company monitors the performance of the theaters to which it has leased or sold theater systems which are subject to ongoing payments. When facts and circumstances indicate that there is a potential impairment in the net investment in lease or a financing receivable, the Company will evaluate the potential outcome of either renegotiations involving changes in the terms of the receivable or defaults on the existing lease or financed sale agreements. The Company will record a provision if it is considered probable that the Company will be unable to collect all amounts due under the contractual terms of the arrangement or a renegotiated lease amount will cause a reclassification of the sales-type lease to an operating lease.
Condition for Company's policy to review and assess collectability on theater's past due accounts	When the net investment in lease or the financing receivable is impaired, the Company will recognize a provision for the difference between the carrying value in the investment and the present value of expected future cash flows discounted using the effective interest rate for the net investment in the lease or the financing receivable. If the Company expects to recover the theater system, the provision is equal to the excess of the carrying value of the investment over the fair value of the equipment. When the minimum lease payments are renegotiated and the lease continues to be classified as a sales-type lease, the reduction in payments is applied to reduce unearned finance income. These provisions are adjusted when there is a significant change in the amount or timing of the expected future cash flows or when actual cash flows differ from cash flow previously expected. Once a net investment in lease or financing receivable is considered impaired, the Company does not recognize interest income until the collectibility issues are resolved. When finance income is not recognized, any payments received are applied against outstanding gross minimum lease amounts receivable or gross receivables from financed sales. Once the collectability issues are resolved, the Company will once again commence the recognition of interest income.
Inventory, Policy [Policy Text Block]	(e) Inventories Inventories are carried at the lower of cost, determined on an average cost basis, and net realizable value except for raw materials, which are carried at the lower of cost and replacement cost. Finished goods and work-in-process include the cost of raw materials, direct labor, theater design costs, and an applicable share of manufacturing overhead costs. The costs related to theater systems under sales and sales-type lease arrangements are relieved from inventory to costs and expenses applicable to revenues-equipment and product sales when revenue recognition criteria are met. The costs related to theater systems under operating lease arrangements and joint revenue sharing arrangements are transferred from inventory to assets under construction in property, plant and equipment when allocated to a signed joint revenue sharing arrangement or when the arrangement is first classified as an operating lease. The Company records provisions for excess and obsolete inventory based upon current estimates of future events and conditions, including the anticipated installation dates for the current backlog of theater system contracts, technological developments, signings in negotiation, growth prospects within the customers' ultimate marketplace and anticipated market acceptance of the Company's current and pending theater systems. Finished goods inventories can contain theater systems for which title has passed to the Company's customer (as the theater system has been delivered to the customer) but the revenue recognition criteria as discussed in note 2(m) have not been met.
Film Costs, Policy [Policy Text Block]	Costs of producing films, including labor, allocated overhead, capitalized interest, and costs of acquiring film rights are recorded as film assets and accounted for in accordance with Entertainment-Films Topic of the FASB ASC. Production financing provided by third parties that acquire substantive rights in the film is recorded as a reduction of the cost of the production. Film assets are amortized and participation costs are accrued using the individual-film-forecast method in the same ratio that current gross revenues bear to current and anticipated future ultimate revenues. Estimates of ultimate revenues are prepared on a title-by-title basis and reviewed regularly by management and revised where necessary to reflect the most current information. Ultimate revenues for films include estimates of revenue over a period not to exceed ten years following the date of initial release. Film exploitation costs, including advertising costs, are expensed as incurred. Costs, including labor and allocated overhead, of digitally re-mastering films where the copyright is owned by a third party and the Company shares in the revenue of the third party are included in film assets. These costs are amortized using the individual-film-forecast method in the same ratio that current gross revenues bear to current and anticipated future ultimate revenues from the re-mastered film. The recoverability of film assets is dependent upon commercial acceptance of the films. If events or circumstances indicate that the recoverable amount of a film asset is less than the unamortized film costs, the film asset is written down to its fair value. The Company determines the fair value of its film assets using a discounted cash flow model.
Property, Plant and Equipment, Policy [Policy Text Block]	Property, plant and equipment are recorded at cost and are depreciated on a straight-line basis over their estimated useful lives as follows: Theater system components (1) — over the equipment's anticipated useful life (7 to 20 years) Camera equipment — 5 to 10 years Buildings — 20 to 25 years Office and production equipment — 3 to 5 years Leasehold improvements — over the shorter of the initial term of the underlying leases plus any reasonably assured renewal terms, and the useful life of the asset __________ (1) includes equipment under joint revenue sharing arrangements. Equipment and components allocated to be used in future operating leases and joint revenue sharing arrangements, as well as direct labor costs and an allocation of direct production costs, are included in assets under construction until such equipment is installed and in working condition, at which time the equipment is depreciated on a straight-line basis over the lesser of the term of the joint revenue sharing arrangement and the equipment's anticipated useful life. The Company reviews the carrying values of its property, plant and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group might not be recoverable. Assets are grouped at the lowest level for which identifiable cash flows are largely independent when testing for, and measuring for, impairment. In performing its review of recoverability, the Company estimates the future cash flows expected to result from the use of the asset or asset group and its eventual disposition. If the sum of the expected undiscounted future cash flows is less than the carrying amount of the asset or asset group, an impairment loss is recognized in the consolidated statements of operations. Measurement of the impairment loss is based on the excess of the carrying amount of the asset or asset group over the fair value calculated using discounted expected future cash flows. A liability for the fair value of an asset retirement obligation associated with the retirement of tangible long-lived assets and the associated asset retirement costs are recognized in the period in which the liability and costs are incurred if a reasonable estimate of fair value can be made using a discounted cash flow model. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset and subsequently amortized over the asset's useful life. The liability is accreted over the period to expected cash outflows.
Asset Retirement Obligations, Policy [Policy Text Block]	A liability for the fair value of an asset retirement obligation associated with the retirement of tangible long-lived assets and the associated asset retirement costs are recognized in the period in which the liability and costs are incurred if a reasonable estimate of fair value can be made using a discounted cash flow model. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset and subsequently amortized over the asset's useful life. The liability is accreted over the period to expected cash outflows. A liability for the fair value of an asset retirement obligation associated with the retirement of tangible long-lived assets and the associated asset retirement costs are recognized in the period in which the liability and costs are incurred if a reasonable estimate of fair value can be made using a discounted cash flow model. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset and subsequently amortized over the asset's useful life. The liability is accreted over the period to expected cash outflows.
Other Assets, Policy [Policy Text Block]	(h) Other Assets Other assets include insurance recoverable, deferred charges on debt financing, deferred selling costs that are direct and incremental to the acquisition of sales contracts, foreign currency derivative gains, lease incentives and investments in new business ventures. Costs of debt financing are deferred and amortized over the term of the debt using the effective interest method. Selling costs related to an arrangement incurred prior to recognition of the related revenue are deferred and expensed to costs and expenses applicable to revenues upon (i) recognition of the contract's theater system revenue or (ii) abandonment of the sale arrangement. Foreign currency derivative gains are accounted for at fair value using quoted prices in closed exchanges (Level 2 input in accordance with the Fair Value Measurements Topic of the FASB ASC hierarchy). The Company may provide lease incentives to certain exhibitors which are essential to entering into the respective lease arrangement. Lease incentives include payments made to or on behalf of the exhibitor. These lease incentives are recognized as a reduction in rental revenue on a straight-line basis over the term of the lease.
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	(i) Goodwill Goodwill represents the excess of purchase price over the fair value of net identifiable assets acquired in a purchase business combination. Goodwill is not subject to amortization and is tested for impairment annually, or more frequently if events or circumstances indicate that the asset might be impaired. The Company first assesses certain qualitative factors to determine whether the existence of events or circumstances leads to determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, the Company determines it is not more likely than not that the fair value of a reporting unit is less than its carry amount, then performing the two-step impairment test is unnecessary. When necessary, impairment of goodwill is tested at the reporting unit level by comparing the reporting unit's carrying amount, including goodwill, to the fair value of the reporting unit. The fair value of the reporting unit is estimated using a discounted cash flow approach. If the carrying amount of the reporting unit exceeds its fair value, then a second step is performed to measure the amount of impairment loss, if any, by comparing the fair value of each identifiable asset and liability in the reporting unit to the total fair value of the reporting unit. Any impairment loss is expensed in the consolidated statement of operations and is not reversed if the fair value subsequently increases.
Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block]	(j) Other Intangible Assets Patents, trademarks and other intangibles are recorded at cost and are amortized on a straight-line basis over estimated useful lives ranging from 4 to 10 years except for intangible assets that have an identifiable pattern of consumption of the economic benefit of the asset, which are amortized over the consumption pattern. The Company reviews the carrying values of its other intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group might not be recoverable. Assets are grouped at the lowest level for which identifiable cash flows are largely independent when testing for, and measuring for, impairment. In performing its review for recoverability, the Company estimates the future cash flows expected to result from the use of the asset or asset group and its eventual disposition. If the sum of the expected undiscounted future cash flows is less than the carrying amount of the asset or asset group, an impairment loss is recognized in the consolidated statement of operations. Measurement of the impairment loss is based on the excess of the carrying amount of the asset or asset group over the fair value calculated using discounted expected future cash flows.
Revenue Recognition, Deferred Revenue [Policy Text Block]	(k) Deferred Revenue Deferred revenue represents cash received prior to revenue recognition criteria being met for theater system sales or leases, film contracts, maintenance and extended warranty services, film related services and film distribution.
Income Tax, Policy [Policy Text Block]	(l) Income Taxes Income taxes are accounted for under the liability method whereby deferred income tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the accounting and tax bases of assets and liabilities. Deferred income tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which temporary differences are expected to be recovered or settled. The effect on deferred income tax assets and liabilities of a change in tax rates or laws is recognized in the consolidated statement of operations in the period in which the change is enacted. Investment tax credits are recognized as a reduction of income tax expense. The Company assesses realization of deferred income tax assets and, based on all available evidence, concludes whether it is more likely than not that the net deferred income tax assets will be realized. A valuation allowance is provided for the amount of deferred income tax assets not considered to be realizable. The Company is subject to ongoing tax exposures, examinations and assessments in various jurisdictions. Accordingly, the Company may incur additional tax expense based upon the outcomes of such matters. In addition, when applicable, the Company adjusts tax expense to reflect the Company's ongoing assessments of such matters which require judgment and can materially increase or decrease its effective rate as well as impact operating results. The Company provides for such exposures in accordance with the Income Taxes Topic of the FASB ASC.
Revenue Recognition, Multiple-deliverable Arrangements, Description [Policy Text Block]	Multiple Element Arrangements The Company's revenue arrangements with certain customers may involve multiple elements consisting of a theater system (projector, sound system, screen system and, if applicable, 3D glasses cleaning machine); services associated with the theater system including theater design support, supervision of installation, and projectionist training; a license to use of the IMAX brand; 3D glasses; maintenance and extended warranty services; and licensing of films. The Company evaluates all elements in an arrangement to determine what are considered deliverables for accounting purposes and which of the deliverables represent separate units of accounting based on the applicable accounting guidance in the Leases Topic of the FASB ASC; the Guarantees Topic of the FASB ASC; the Entertainment – Films Topic of FASB ASC; and the Revenue Recognition Topic of the FASB. If separate units of accounting are either required under the relevant accounting standards or determined to be applicable under the Revenue Recognition Topic, the total consideration received or receivable in the arrangement is allocated based on the applicable guidance in the above noted standards. Theater Systems The Company has identified the projection system, sound system, screen system and, if applicable, 3D glasses cleaning machine, theater design support, supervision of installation, projectionist training and the use of the IMAX brand to be a single deliverable and a single unit of accounting (the “System Deliverable”). When an arrangement does not include all the elements of a System Deliverable, the elements of the System Deliverable included in the arrangement are considered by the Company to be a single deliverable and a single unit of accounting. The Company is not responsible for the physical installation of the equipment in the customer's facility; however, the Company supervises the installation by the customer. The customer has the right to use the IMAX brand from the date the Company and the customer enter into an arrangement. The Company's System Deliverable arrangements involve either a lease or a sale of the theater system. Consideration in the Company's arrangements, that are not joint revenue sharing arrangements, consist of upfront or initial payments made before and after the final installation of the theater system equipment and ongoing payments throughout the term of the lease or over a period of time, as specified in the arrangement. The ongoing payments are the greater of an annual fixed minimum amount or a certain percentage of the theater box-office. Amounts received in excess of the annual fixed minimum amounts are considered contingent payments. The Company's arrangements are non-cancellable, unless the Company fails to perform its obligations. In the absence of a material default by the Company, there is no right to any remedy for the customer under the Company's arrangements. If a material default by the Company exists, the customer has the right to terminate the arrangement and seek a refund only if the customer provides notice to the Company of a material default and only if the Company does not cure the default within a specified period. Sales Arrangements For arrangements qualifying as sales, the revenue allocated to the System Deliverable is recognized in accordance with the Revenue Recognition Topic of the FASB ASC, when all of the following conditions have been met: (i) the projector, sound system and screen system have been installed and are in full working condition, (ii) the 3D glasses cleaning machine, if applicable, has been delivered, (iii) projectionist training has been completed and (iv) the earlier of (a) receipt of written customer acceptance certifying the completion of installation and run-in testing of the equipment and the completion of projectionist training or (b) public opening of the theater, provided there is persuasive evidence of an arrangement, the price is fixed or determinable and collectibility is reasonably assured. The initial revenue recognized consists of the initial payments received and the present value of any future initial payments and fixed minimum ongoing payments that have been attributed to this unit of accounting. Contingent payments in excess of the fixed minimum ongoing payments are recognized when reported by theater operators, provided collectibility is reasonably assured. The Company has also agreed, on occasion, to sell equipment under lease or at the end of a lease term. Consideration agreed to for these lease buyouts is included in revenues from equipment and product sales, when persuasive evidence of an arrangement exists, the fees are fixed or determinable, collectibility is reasonably assured and title to the theater system passes from the Company to the customer. In a certain sales arrangement not subject to the provisions of the amended FASB ASC 605-25, “Revenue Recognition: Multiple-Element Arrangements” (“ASC 605-25”), as the arrangement was entered into before January 1, 2011 and not materially modified subsequently, the Company provided a customer with digital upgrades on several systems, including several specified upgrades to an as-of-yet undeveloped product. At the current-period-end, the Company has not yet established the fair value of this product, and as a result, the Company cannot determine the arrangement's consideration nor its allocation of consideration between delivered and undelivered items. Consequently, revenue recognition has been deferred for all delivered items in the arrangement. Once the Company determines an objective and reliable fair value of the undeveloped specified upgrade, the Company will be able to calculate total arrangement consideration and consequently, the Company will be able to recognize revenue on the delivered elements of the arrangement. If the arrangement is materially modified in the future such that contract consideration becomes fixed, the arrangement in its entirety would be subject to the provisions of the amended FASB ASC 605-25 and the Company would be required to develop, absent an established selling price for the undeveloped specified upgrade, a best estimated selling price for the undeveloped specified upgrade, allocate the arrangement's consideration on a relative selling price allocation basis, and recognize revenue on the delivered elements based on that allocation.
Revenue Recognition Leases [Policy Text Block]	Lease Arrangements The Company uses the Leases Topic of FASB ASC to evaluate whether an arrangement is a lease within the scope of the accounting standard. Arrangements not within the scope of the accounting standard are accounted for either as a sales or services arrangement, as applicable. For lease arrangements, the Company determines the classification of the lease in accordance with the Lease Topic of FASB ASC. A lease arrangement that transfers substantially all of the benefits and risks incident to ownership of the equipment is classified as a sales-type lease based on the criteria established by the accounting standard; otherwise the lease is classified as an operating lease. Prior to commencement of the lease term for the equipment, the Company may modify certain payment terms or make concessions. If these circumstances occur, the Company reassesses the classification of the lease based on the modified terms and conditions. For sales-type leases, the revenue allocated to the System Deliverable is recognized when the lease term commences, which the Company deems to be when all of the following conditions have been met: (i) the projector, sound system and screen system have been installed and are in full working condition, (ii) the 3D glasses cleaning machine, if applicable, has been delivered, (iii) projectionist training has been completed and (iv) the earlier of (a) receipt of the written customer acceptance certifying the completion of installation and run-in testing of the equipment and the completion of projectionist training or (b) public opening of the theater, provided collectibility is reasonably assured. The initial revenue recognized for sales-type leases consists of the initial payments received and the present value of future initial payments and fixed minimum ongoing payments computed at the interest rate implicit in the lease. Contingent payments in excess of the fixed minimum payments are recognized when reported by theater operators, provided collectibility is reasonably assured. For operating leases, initial payments and fixed minimum ongoing payments are recognized as revenue on a straight-line basis over the lease term. For operating leases, the lease term is considered to commence when all of the following conditions have been met: (i) the projector, sound system and screen system have been installed and in full working condition, (ii) the 3D glasses cleaning machine, if applicable, has been delivered, (iii) projectionist training has been completed and (iv) the earlier of (a) receipt of written customer acceptance certifying the completion of installation and run-in testing of the equipment and the completion of projectionist training or (b) public opening of the theater. Contingent payments in excess of fixed minimum ongoing payments are recognized as revenue when reported by theater operators, provided collectibility is reasonably assured.
Revenue Recognition Finance Income, Policy [Policy Text Block]	Finance Income Finance income is recognized over the term of the sales-type lease or financed sales receivable, provided collectibility is reasonably assured. Finance income recognition ceases when the Company determines that the associated receivable is not collectible.
Cost of Sales, Policy [Policy Text Block]	Cost of Equipment and Product Sales Theater systems and other equipment subject to sales-type leases and sales arrangements includes the cost of the equipment and costs related to project management, design, delivery and installation supervision services as applicable. The costs related to theater systems under sales and sales-type lease arrangements are relieved from inventory to costs and expenses applicable to revenues-equipment and product sales when revenue recognition criteria are met. In addition, the Company defers direct selling costs such as sales commissions and other amounts related to these contracts until the related revenue is recognized. These costs included in costs and expenses applicable to revenues-equipment and product sales, totaled $2.7 million in 2012 (2011 – $2.4 million, 2010 – $1.9 million). The cost of equipment and product sales prior to direct selling costs was $34.8 million in 2012 (2011 – $36.3 million, 2010 – $34.5 million). The Company may have warranty obligations at or after the time revenue is recognized which require replacement of certain parts that do not affect the functionality of the theater system or services. The costs for warranty obligations for known issues are accrued as charges to costs and expenses applicable to revenues-equipment and product sales at the time revenue is recognized based on the Company's past historical experience and cost estimates.
Cost of Rentals, Policy [Policy Text Block]	Cost of Rentals For theater systems and other equipment subject to an operating lease or placed in a theater operators' venue under a joint revenue sharing arrangement, the cost of equipment and those costs that result directly from and are essential to the arrangement, is included within property, plant and equipment. Depreciation and impairment losses, if any, are included in cost of rentals based on the accounting policy set out in note 2(g). Commissions are recognized as costs and expenses applicable to revenues-rentals in the month they are earned, which is typically the month of installation. These costs totaled $1.5 million in 2012 (2011 — $2.3 million, 2010 — $2.1 million). Direct advertising and marketing costs for each theater are charged to costs and expenses applicable to revenues-rentals as incurred. These costs totaled $1.9 million in 2012 (2011 — $3.2 million, 2010 — $2.1 million).
Revenue Recognition, Incentives [Policy Text Block]	The Company may offer certain incentives to customers to complete theater system transactions including payment concessions or free services and products such as film licenses or 3D glasses. Reductions in, and deferral of, payments are taken into account in determining the sales price either by a direct reduction in the sales price or a reduction of payments to be discounted in accordance with the Leases or Interests Topic of the FASB ASC. Free products and services are accounted for as separate units of accounting. Other consideration given by the Company to customers are accounted for in accordance with the Revenue Recognition Topic of the FASB ASC.
Maintenance And Extended Warranty Services, Policy [Policy Text Block]	Maintenance and Extended Warranty Services Maintenance and extended warranty services may be provided under a multiple element arrangement or as a separately priced contract. Revenues related to these services are deferred and recognized on a straight-line basis over the contract period and are recognized in Services revenues. Maintenance and extended warranty services includes maintenance of the customer's equipment and replacement parts. Under certain maintenance arrangements, maintenance services may include additional training services to the customer's technicians. All costs associated with this maintenance and extended warranty program are expensed as incurred. A loss on maintenance and extended warranty services is recognized if the expected cost of providing the services under the contracts exceeds the related deferred revenue.
Films Revenue Recognition, Policy [Policy Text Block]	Film Production and IMAX DMR Services In certain film arrangements, the Company produces a film financed by third parties whereby the third party retains the copyright and the Company obtains exclusive distribution rights. Under these arrangements, the Company is entitled to receive a fixed fee or to retain as a fee the excess of funding over cost of production (the “production fee”). The third parties receive a portion of the revenues received by the Company from distributing the film, which is charged to costs and expenses applicable to revenues-services. The production fees are deferred, and recognized as a reduction in the cost of the film based on the ratio of the Company's distribution revenues recognized in the current period to the ultimate distribution revenues expected from the film. Film exploitation costs, including advertising and marketing totaled $3.3 million in 2012 (2011 — $3.8 million, 2010 — $2.1 million) and are recorded in costs and expenses applicable to revenues-services as incurred. Revenue from film production services where the Company does not hold the associated distribution rights are recognized in Services revenues when performance of the contractual service is complete, provided there is persuasive evidence of an agreement, the fee is fixed or determinable and collectibility is reasonably assured. Revenues from digitally re-mastering (IMAX DMR) films where third parties own or hold the copyrights and the rights to distribute the film are derived in the form of processing fees and recoupments calculated as a percentage of box-office receipts generated from the re-mastered films. Processing fees are recognized as Services revenues when the performance of the related re-mastering service is completed provided there is persuasive evidence of an arrangement, the fee is fixed or determinable and collectibility is reasonably assured. Recoupments, calculated as a percentage of box-office receipts, are recognized as Services revenue when box-office receipts are reported by the third party that owns or holds the related film rights, provided collectibility is reasonably assured. Losses on film production and IMAX DMR services are recognized as costs and expenses applicable to revenues-services in the period when it is determined that the Company's estimate of total revenues to be realized by the Company will not exceed estimated total production costs to be expended on the film production and the cost of IMAX DMR services. Film Distribution Revenue from the licensing of films is recognized in Services revenues when persuasive evidence of a licensing arrangement exists, the film has been completed and delivered, the license period has begun, the fee is fixed or determinable and collectibility is reasonably assured. When license fees are based on a percentage of box-office receipts, revenue is recognized when box-office receipts are reported by exhibitors, provided collectibility is reasonably assured. Film exploitation costs, including advertising and marketing, totaled $1.5 million in 2012 (2011 — $1.9 million, 2010 — $0.7 million) and are recorded in costs and expenses applicable to revenues-services as incurred. Film Post-Production Services Revenues from post-production film services are recognized in Services revenues when performance of the contracted services is complete provided there is persuasive evidence of an arrangement, the fee is fixed or determinable and collectibility is reasonably assured.
Other Revenue, Policy [Policy Text Block]	Improvements and modifications to the theater system after installation are treated as separate revenue transactions, if and when the Company is requested to perform these services. Revenue is recognized for these services when the performance of the services has been completed, provided there is persuasive evidence of an arrangement, the fee is fixed or determinable and collectibility is reasonably assured. Other The Company recognizes revenue in Services revenues from its owned and operated theaters resulting from box-office ticket and concession sales as tickets are sold, films are shown and upon the sale of various concessions. The sales are cash or credit card transactions with theatergoers based on fixed prices per seat or per concession item. In addition, the Company enters into commercial arrangements with third party theater owners resulting in the sharing of profits and losses which are recognized in Services revenues when reported by such theaters. The Company also provides management services to certain theaters and recognizes revenue over the term of such services. Revenues on camera rentals are recognized in Rental revenues over the rental period. Revenue from the sale of 3D glasses is recognized in Equipment and product sales revenue when the 3D glasses have been delivered to the customer. Other service revenues are recognized in Service revenues when the performance of contracted services is complete.
Research and Development Expense, Policy [Policy Text Block]	(n) Research and Development Research and development costs are expensed as incurred and primarily include projector and sound parts, labor, consulting fees, allocation of overheads and other related materials which pertain to the Company's development of ongoing product and services. Research and development costs pertaining to fixed and intangible assets that have alternative future uses are capitalized and amortized under their related policies.
Foreign Currency Translations [Policy Text Block]	Foreign Currency Translation Monetary assets and liabilities of the Company's operations which are denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the end of the period. Non-monetary items are translated at historical exchange rates. Revenue and expense transactions are translated at exchange rates prevalent at the transaction date. Such exchange gains and losses are included in the determination of earnings in the period in which they arise. The Company has determined that the functional currency of all its wholly-owned subsidiaries is the United States dollar.
Derivatives, Methods of Accounting, Hedging Derivatives [Policy Text Block]	Foreign currency derivatives are recognized and measured in the balance sheet at fair value. Changes in the fair value (gains or losses) are recognized in the consolidated statement of operations except for derivatives designated and qualifying as foreign currency hedging instruments. For foreign currency hedging instruments, the effective portion of the gain or loss in a hedge of a forecasted transaction is reported in other comprehensive income and reclassified to the consolidated statement of operations when the forecasted transaction occurs. Any ineffective portion is recognized immediately in the consolidated statement of operations.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	(p) Stock-Based Compensation The Company's stock-based compensation is recognized in accordance with the FASB ASC Topic 505, “Equity” and Topic 718, “Compensation-Stock Compensation.” The Company estimates the fair value of employee stock-based payment awards on the date of grant using fair value measurement techniques such as an option-pricing model. The value of the portion of the employee award that is ultimately expected to vest is recognized as expense over the requisite service periods in the Company's consolidated statement of operations. The Company utilizes a lattice-binomial option-pricing model (“Binomial Model”) to determine the fair value of stock-based payment awards. The fair value determined by the Binomial Model is affected by the Company's stock price as well as assumptions regarding a number of highly complex and subjective variables. These variables include, but are not limited to, the Company's expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The Binomial Model also considers the expected exercise multiple which is the multiple of exercise price to grant price at which exercises are expected to occur on average. Option-pricing models were developed for use in estimating the value of traded options that have no vesting or hedging restrictions and are fully transferable. Because the Company's employee stock options have certain characteristics that are significantly different from traded options, and because changes in the subjective assumptions can materially affect the estimated value, in management's opinion, the Binomial Model best provides a fair measure of the fair value of the Company's employee stock options. See note 15(c) for the assumptions used to determine the fair value of stock-based payment awards. Stock-based compensation expense includes compensation cost for employee stock-based payment awards granted and all modified, repurchased or cancelled employee awards. In addition, compensation expense includes the compensation cost, based on the grant-date fair value calculated for pro forma disclosures under ASC 718-10-55, for the portion of awards for which required service had not been rendered that were outstanding. Compensation expense for these employee awards is recognized using the straight-line single-option method. As stock-based compensation expense recognized is based on awards ultimately expected to vest, it has been adjusted for estimated forfeitures. The Codification requires forfeitures to be estimated at the time of grant and revised, if subsequent information indicates that the actual forfeitures are likely to be different from previous estimates. The Company utilizes the market yield on U.S. treasury securities (also known as nominal rate) over the contractual term of the instrument being issued. Stock Option Plan As the Company stratifies its employees into homogeneous groups in order to calculate fair value under the Binomial Model, ranges of assumptions used are presented for expected option life and annual termination probability. The Company uses historical data to estimate option exercise and employee termination within the valuation model; various groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. The expected volatility rate is estimated based on a blended volatility method which takes into consideration the Company's historical share price volatility, the Company's implied volatility which is implied by the observed current market prices of the Company's traded options and the Company's peer group volatility. The Company utilizes an expected term method to determine expected option life based on such data as vesting periods of awards, historical data that includes past exercise and post-vesting cancellations and stock price history. The Company's policy is to issue new shares from treasury to satisfy stock options which are exercised. Restricted Common Shares and Stock Appreciation Rights The Company's restricted common shares and SARs have been classified as liabilities in accordance with Topic 505. The Company utilizes the Binomial Model to determine the value of these instruments settleable in cash. Awards to Non-Employees Stock-based awards for services provided by non-employees are accounted for based on the fair value of the services received or the stock-based award, whichever is more reliably determinable. If the fair value of the stock-based award is used, the fair value is measured at the date of the award and remeasured until the earlier of the date that the Company has a performance commitment from the non-employees, the date performance is completed, or the date the awards vest.
Pension and Other Postretirement Plans, Policy [Policy Text Block]	(q) Pension Plans and Postretirement Benefits The Company has a defined benefit pension plan, the Supplemental Executive Retirement Plan (the “SERP”). As the Company's SERP is unfunded, as at December 31, 2012, a liability is recognized for the projected benefit obligation. Assumptions used in computing the defined benefit obligations are reviewed annually by management in consultation with its actuaries and adjusted for current conditions. Actuarial gains or losses and prior service costs or credits that arise during the period but are not recognized as components of net periodic benefits cost are recognized as a component of other comprehensive income. Amounts recognized in accumulated other comprehensive income including unrecognized actuarial gains or losses and prior service costs are adjusted as they are subsequently recognized in the consolidated statement of operations as components of net periodic benefit cost. Prior service costs resulting from the pension plan inception or amendments are amortized over the expected future service life of the employees, cumulative actuarial gains and losses in excess of 10% of the projected benefit obligation are amortized over the expected average remaining service life of the employees, and current service costs are expensed when earned. The remaining weighted average future service life of the employee used in computing the defined benefit obligation for the year ended December 31, 2012 was 2.0 years. For defined contribution pension plans, required contributions by the Company are recorded as an expense. A liability is recognized for the unfunded accumulated benefit obligation of the postretirement benefits plan. Assumptions used in computing the accumulated benefit obligation are reviewed by management in consultation with its actuaries and adjusted for current conditions. Current service cost is recognized as incurred and actuarial gains and losses are recognized as a component of other comprehensive income (loss). Amounts recognized in accumulated other comprehensive income (loss) including unrecognized actuarial gains or losses are adjusted as they are subsequently recognized in the consolidated statement of operations as components of net periodic benefit cost.
Guarantees, Indemnifications and Warranties Policies [Policy Text Block]	(r) Guarantees The FASB ASC Guarantees Topic requires a guarantor to recognize, at the inception of a guarantee, a liability for the fair value of certain guarantees. Disclosures as required under the accounting guidance have been included in note 14(g).

Revision of Previously Issued Financial Statements (Tables)

12 Months Ended

Dec. 31, 2012

Prior Period Adjustment [Abstract]

Impact of Revisions on the Company's Previously Issued Audited Consolidated Balance Sheet

(in thousands of U.S dollars, except per share amounts)
		As Reported	As Revised
Deferred income tax asset	$	50,033	$	51,046
Total assets	$	406,236	$	407,249

Accrued and other liabilities	$	54,803	$	58,855
Total liabilities	$	213,329	$	217,381

Deficit	$	(125,666)	$	(128,503)
Accumulated other comprehensive loss	$	(2,332)	$	(2,534)
Shareholders' equity	$	192,907	$	189,868

Impact of Revisions on the Company's Previously Issued Audited Consolidated Statements of Operations and Comprehensive Income

(in thousands of U.S dollars, except per share amounts)	2011				2010
	As Reported		As Revised		As Reported		As Revised
Selling, general and administrative expenses	$	72,779	$	73,157	$	78,428	$	78,757
Income from operations	$	28,492	$	28,114	$	50,974	$	50,645
Income from operations before income taxes	$	26,722	$	26,344	$	49,488	$	49,159
(Provision for) recovery of income taxes	$	(9,388)	$	(9,293)	$	51,784	$	52,574
Net income	$	15,543	$	15,260	$	100,779	$	101,240
Net income per share - basic	$	0.24	$	0.24	$	1.59	$	1.59
Net income per share - diluted	$	0.23	$	0.22	$	1.51	$	1.52

Other comprehensive loss	$	(1,723)	$	(1,957)	$	(2,899)	$	(3,136)
Income tax recovery allocated to other comprehensive loss	$	388	$	446	$	996	$	1,067
Comprehensive income	$	14,208	$	13,749	$	98,876	$	99,171

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

+ References + Details

Financing Receivables (Tables)

12 Months Ended

Dec. 31, 2012

Financing Receivables [Abstract]

Financing receivables, consisting of net investment in sales-type leases and receivables from financed sales

	As at December 31,
	2012		2011
Gross minimum lease payments receivable	$	18,880	$	29,603
Unearned finance income		(4,705)		(8,356)
Minimum lease payments receivable		14,175		21,247
Accumulated allowance for uncollectible amounts		(1,130)		(1,833)
Net investment in leases		13,045		19,414
Gross financed sales receivables		114,492		95,686
Unearned finance income		(33,278)		(28,070)
Financed sales receivables		81,214		67,616
Accumulated allowance for uncollectible amounts		(66)		(316)
Net financed sales receivables		81,148		67,300
Total financing receivables	$	94,193	$	86,714

Net financed sales receivables due within one year	$	10,482	$	8,694
Net financed sales receivables due after one year	$	70,666	$	58,606

Contingent fees, reported in revenue from customers under various arrangements

	Years Ended December 31,
	2012		2011		2010
Sales	$	1,797	$	976	$	1,608
Sales-type leases		308		517		1,054
Operating leases		930		1,232		1,675
Subtotal - sales, sales-type leases and operating leases		3,035		2,725		4,337
Joint revenue sharing arrangements		57,526		30,764		41,757
	$	60,561	$	33,489	$	46,094

Schedule of Operating Leases and Sales Type Leases Minimum Payments [Table Text Block]

	Operating Leases		Sales-Type Leases
2013	$	2,145	$	3,087
2014		1,652		2,732
2015		1,309		2,475
2016		1,090		1,957
2017		1,031		1,550
Thereafter		4,698		5,460
Total	$	11,925	$	17,261

Inventories (Tables)

12 Months Ended

Dec. 31, 2012

Inventories [Abstract]

Inventories

	As at December 31,
	2012		2011
Raw materials	$	5,424	$	5,803
Work-in-process		338		1,515
Finished goods		10,032		12,429
	$	15,794	$	19,747

Film Assets (Table)

12 Months Ended

Dec. 31, 2012

Film Costs [Abstract]

Film Assets

		As at December 31,
		2012		2011
Completed and released films, net of accumulated amortization of		$	2,959	$	1,356
	$67,363 (2011 — $51,848)
Films in production			380		639
Films in development			398		393
		$	3,737	$	2,388

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

		As at December 31, 2012
				Accumulated		Net Book
		Cost		Depreciation		Value
Equipment leased or held for use
	Theater system components⁽¹⁾⁽²⁾	$	131,240	$	39,140	$	92,100
	Camera equipment⁽⁵⁾		4,668		4,306		362
			135,908		43,446		92,462
Assets under construction⁽³⁾			6,910		-		6,910
Other property, plant and equipment
	Land		1,593		-		1,593
	Buildings		15,242		9,864		5,378
	Office and production equipment⁽⁴⁾		25,777		19,779		5,998
	Leasehold improvements		9,734		8,465		1,269
			52,346		38,108		14,238
		$	195,164	$	81,554	$	113,610

		As at December 31, 2011
				Accumulated		Net Book
		Cost		Depreciation		Value
Equipment leased or held for use
	Theater system components⁽¹⁾⁽²⁾	$	122,691	$	39,773	$	82,918
	Camera equipment⁽⁵⁾		6,355		6,088		267
			129,046		45,861		83,185
Assets under construction⁽³⁾			4,972		-		4,972
Other property, plant and equipment
	Land		1,593		-		1,593
	Buildings		14,633		9,352		5,281
	Office and production equipment⁽⁴⁾		29,220		24,772		4,448
	Leasehold improvements		9,396		7,622		1,774
			54,842		41,746		13,096
		$	188,860	$	87,607	$	101,253

Other Assets (Table)

12 Months Ended

Dec. 31, 2012

Table Text Block Supplement [Abstract]

Schedule of Other Assets [Table Text Block]

	As at December 31,
	2012		2011
Insurance recoverable (note 14(d))	$	11,474	$	918
Lease incentives provided to theaters		4,554		4,285
Equity-accounted investments		3,074		4,055
Commissions and other deferred selling expenses		2,645		2,967
Investment in new business ventures		1,350		1,012
Deferred charges on debt financing		569		1,001
Foreign currency derivatives		297		-
	$	23,963	$	14,238

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Table Text Block Supplement [Abstract]

Schedule of income (Loss) from continuing operations before income taxes by tax jurisdiction [Table Text Block]

	Years Ended December 31,
	2012		2011		2010
			As Revised		As Revised

Canada	$	55,477	$	23,023	$	47,625
United States		2,636		8,655		2,088
China		(476)		(5,722)		-
Other		141		388		(554)
	$	57,778	$	26,344	$	49,159

Schedule of Components of (Provision) Recovery for Income Taxes Related to Income from Continuing Operations [Table Text Block]

		Years Ended December 31,
		2012		2011		2010
				As Revised		As Revised
Current:
	Canada	$	(370)	$	(1,174)	$	(1,026)
	Foreign		15		(125)		(1,465)
			(355)		(1,299)		(2,491)
Deferred:⁽¹⁾
	Canada		(14,441)		(8,586)		50,401
	Foreign		(283)		592		4,664
			(14,724)		(7,994)		55,065
		$	(15,079)	$	(9,293)	$	52,574

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Years Ended December 31,
		2012		2011		2010
				As Revised		As Revised

Income tax provision at combined statutory rates		$	(15,311)	$	(7,442)	$	(15,241)
Adjustments resulting from:
	Non-deductible stock based compensation		(3,166)		(2,752)		(1,713)
	Other non-deductible/non-includable items		12		(246)		420
	(Increase) decrease in valuation allowance relating to current year temporary differences		(93)		1,264		12,708
	Decrease in valuation allowance relating to reversal of future temporary differences		-		-		55,512
	Tax effect of pension settlement and postretirement plan reclassified from other comprehensive income		-		-		(528)
	Withholding and other taxes		(1,095)		(895)		(1,041)
	Changes to tax reserves		833		99		13
	U.S. federal and state taxes		45		(345)		(1,465)
	Income tax at different rates in foreign and other provincial jurisdictions		(56)		(916)		(394)
	Impact of changes in future enacted tax rates on current year temporary differences		-		(521)		4,444
	Carryforward of investment and other tax credits (non-refundable)		2,463		1,526		1,642
	Effect of changes in legislation relating to enacted tax rate increases		494		-		-
	Changes to deferred tax assets and liabilities resulting from audit and other tax return adjustments		483		226		14
	Expiration of losses and credits carried forward		-		-		(1,558)
	Tax effect of loss from equity-accounted investments		463		642		168
	Other		(151)		67		(407)
(Provision for) recovery of income taxes, as reported		$	(15,079)	$	(9,293)	$	52,574

Schedule of Components of Net Deferred Income Tax Assets [Table Text Block]

	As at December 31,
	2012		2011
			As Revised

Net operating loss carryforwards	$	15,475	$	16,787
Investment tax credit and other tax credit carryforwards		6,101		5,192
Write-downs of other assets		690		712
Excess tax over accounting basis in property, plant and equipment and inventories		14,020		29,897
Accrued pension liability		6,615		5,813
Other accrued reserves		2,340		2,706
Total deferred income tax assets		45,241		61,107
Income recognition on net investment in leases		(2,667)		(4,022)
Other		-		15
		42,574		57,100
Valuation allowance		(6,113)		(6,054)
Net deferred income tax asset	$	36,461	$	51,046

Schedule of Tax Credit and Net Operating Loss Carryforwards [Table Text Block]

	Investment Tax Credits and Other Tax Credit Carryforwards		Net Operating Loss Carryforwards
2013	$	17	$	-
2014		-		11
2015		-		20
2016		-		-
2017		-		-
Thereafter		7,897		51,454
	$	7,914	$	51,485

Schedule of Income Tax Contingencies [Table Text Block]


(In thousands of U.S. Dollars)	2012		2011		2010
Balance at beginning of the year	$	3,119	$	3,219	$	3,237
Additions based on tax positions related to the current year		392		404		410
Additions for tax positions of prior years		-		16		-
Reductions for tax positions of prior years		(77)		-		(10)
Settlements		(38)		-		-
Reductions resulting from lapse of applicable statute of limitations and administrative practices		(1,110)		(520)		(418)
Balance at the end of the year	$	2,286	$	3,119	$	3,219

Income Tax Effect on Comprehensive Income

	2012		2011		2010
			As Revised		As Revised

Amortization of actuarial loss on defined benefit plan	$	(91)	$	(53)	$	-
Unrecognized actuarial loss on defined benefit plan		285		145		661
Realization of actuarial gain on settlement of defined benefit pension liability		-		-		517
Unrecognized actuarial loss on postretirement benefit plan		33		58		71
Other-than-temporary impairment of available-for-sale investment		(19)		-		-
Change in market value of available-for-sale investment		(42)		61		-
Unrealized change in cash flow hedging instruments		(185)		45		(182)
Realized change in cash flow hedging instruments upon settlement		62		190		-
	$	43	$	446	$	1,067

Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2012

Other Intangible Assets [Abstract]

Other Intangible Assets

	As at December 31, 2012
			Accumulated		Net Book
	Cost		Amortization		Value
Patents and trademarks	$	8,499	$	5,670	$	2,829
Licenses and intellectual property		19,790		1,730		18,060
Other		7,022		-		7,022
	$	35,311	$	7,400	$	27,911

	As at December 31, 2011
			Accumulated		Net Book
	Cost		Amortization		Value
Patents and trademarks	$	8,014	$	5,304	$	2,710
Licenses and intellectual property		19,407		254		19,153
Other		3,050		-		3,050
	$	30,471	$	5,558	$	24,913

Credit Facility (Tables)

12 Months Ended

Dec. 31, 2012

Credit Facility [Abstract]

Bank indebtedness

	As at December 31,
	2012		2011
Revolving Term Loan	$	11,000	$	55,083

Term loan principal payments

2013	$	-
2014		-
2015		11,000
2016		-
2017		-
Thereafter		-
	$	11,000

Commitments (Tables)

12 Months Ended

Dec. 31, 2012

Commitments, Contingencies and Guarantees [Abstract]

Total minimum annual rental payments under lease

	Operating Leases		Capital Leases
2013	$	6,931	$	20
2014		5,142		-
2015		1,177		-
2016		511		-
2017		511		-
Thereafter		813		-
	$	15,085	$	20

Contingencies and Guarantees (Tables)

12 Months Ended

Dec. 31, 2012

Commitments, Contingencies and Guarantees [Abstract]

Accrual for product warranties

	As at December 31,
	2012		2011
Balance at the beginning of the year	$	94	$	160
Warranty redemptions		(66)		(152)
Warranties issued		53		146
Revisions		(49)		(60)
Balance at the end of the year	$	32	$	94

Capital Stock (Tables)

12 Months Ended

Dec. 31, 2012

Capital Stock [Abstract]

Weighted average fair value of common share granted to employees

	2012	2011	2010

Average risk-free interest rate	1.36%	2.61%	3.18%
Expected option life (in years)	2.89 - 6.26	1.78 - 6.60	2.82 - 5.41
Expected volatility	50%	50%	50% - 61%
Annual termination probability	0% - 8.76%	0% - 8.76%	0% - 9.69%
Dividend yield	0%	0%	0%

Option activity under the Stock Option Plan

					Weighted Average Exercise
	Number of Shares				Price Per Share
	2012	2011	2010	2012		2011		2010

Options outstanding, beginning of year	7,200,721	6,743,272	6,173,795	$	14.60	$	10.79	$	6.52
Granted	1,833,485	1,547,342	2,001,703		24.59		28.11		21.72
Exercised	(1,429,685)	(907,167)	(1,313,599)		6.24		8.67		6.30
Forfeited	(154,958)	(182,726)	(23,825)		23.03		18.00		8.35
Expired	-	-	(94,802)		-		-		26.08
Cancelled	(8,495)	-	-		22.07		-		-
Options outstanding, end of period	7,441,068	7,200,721	6,743,272		18.48		14.60		10.79
Options exercisable, end of period	3,480,160	3,467,242	3,090,755		14.50		9.51		5.64

Options to Non-Employees

		Years Ended December 31
	2012		2011	2010

Average risk-free interest rate		1.28%	2.38%	2.09%
Contractual option life		7 years	6 years	1.70 - 6.25 years
Average expected volatility		50%	50%	50% - 61%
Dividend yield		0%	0%	0%

Fair value measurement of stock appreciation rights

	As at December 31,
	2012	2011

Average risk-free interest rate	0.72%	1.09%
Expected option life (in years)	2.17	3.18 to 3.46
Expected volatility	50%	50%
Annual termination probability	8.52%	8.76%
Dividend yield	0%	0%

Basic and diluted per-share computations


		Years Ended December 31,
		2012		2011		2010
				As Revised		As Revised

Net income from continuing operations applicable to common shareholders		$	41,337	$	15,260	$	101,240
Weighted average number of common shares (000's):
Issued and outstanding, beginning of period			65,053		64,146		62,832
Weighted average number of shares issued during the period			801		358		744
Weighted average number of shares used in computing basic earnings per
	Share		65,854		64,504		63,576
Assumed exercise of stock options, net of shares assumed			2,079		3,355		3,108
Weighted average number of shares used in computing diluted earnings per
	Share		67,933		67,859		66,684

Receivable Provisions Net of Recoveries (Tables)

12 Months Ended

Dec. 31, 2012

Receivable Provisions, Net of Recoveries [Abstract]

Receivable Provisions, Net of Recoveries

	Years Ended December 31,
	2012		2011		2010
Accounts receivable provisions, net of recoveries	$	606	$	333	$	499
Financing receivable provisions, net of recoveries		(82)		1,237		944
Receivable provisions, net of recoveries	$	524	$	1,570	$	1,443

Asset Impairment (Tables)

12 Months Ended

Dec. 31, 2012

Asset Impairment Charges [Abstract]

Asset Impairment Charges [Table Text Block]

18. Asset Impairments

	Years Ended December 31,
	2012		2011		2010

Property, plant and equipment	$	0	$	28	$	45
Total	$	0	$	28	$	45

The Company records asset impairment charges against property, plant and equipment after an assessment of the carrying value of certain groups in light of their future expected cash flows.

Consolidated Statements of Cash Flows Supplemental Information (Tables)

12 Months Ended

Dec. 31, 2012

Consolidated Statements of Cash Flows Supplemental Information [Abstract]

Changes in other non-cash operating assets and liabilities

		Years Ended December 31,
			2012		2011		2010
Decrease (increase) in:
	Accounts receivable	$	4,110	$	(7,486)	$	(2,423)
	Financing receivables		(7,349)		(14,623)		(11,874)
	Inventories		(422)		(1,264)		(3,828)
	Prepaid expenses		(706)		(294)		(223)
	Commissions and other deferred selling expenses		322		382		(432)
	Insurance recoveries		444		978		156
	Other assets		(752)		(2,357)		(25)
Increase (decrease) in:
	Accounts payable		(8,139)		5,592		100
	Accrued and other liabilities⁽¹⁾		(2,266)		(31,013)		(25,823)
	Deferred revenue		(504)		706		15,690
		$	(15,262)	$	(49,379)	$	(28,682)

Cash payments

	(b) Cash payments made on account of:
		Years Ended December 31,
			2012		2011		2010
Income taxes		$	1,283	$	3,349	$	682
Interest		$	1,374	$	1,260	$	1,719

Summary of depreciation and amortization

	(c) Depreciation and amortization are comprised of the following:

		Years Ended December 31,
			2012		2011		2010
Film assets⁽¹⁾		$	15,515	$	12,934	$	10,900
Property, plant and equipment
	Joint revenue sharing arrangements		10,125		7,098		5,315
	Other property, plant and equipment		4,440		3,992		3,525
Other intangible assets			2,006		465		448
Other assets			532		286		7
Deferred financing costs			170		388		341
		$	32,788	$	25,163	$	20,536

Write downs, net of recoveries

	(d) Write-downs, net of recoveries, are comprised of the following:

		Years Ended December 31,
			2012		2011		2010
Asset impairments
	Property, plant and equipment	$	-	$	28	$	45
Other charges (recoveries)
	Accounts receivables		606		333		499
	Financing receivables		(82)		1,237		944
	Inventories⁽¹⁾		898		-		999
	Impairment of available-for-sale investment		150		-		-
	Property, plant and equipment⁽²⁾		18		356		-
	Other intangible assets		11		-		64
	Other assets		6		-		-
		$	1,607	$	1,954	$	2,551


Inventory charges
	Recorded in costs and expenses applicable to revenues - product & equipment sales	$	795	$	-	$	827
	Recorded in costs and expenses applicable to revenues - services		103		-		172
		$	898	$	-	$	999

Segment Information (Tables)

12 Months Ended

Dec. 31, 2012

Segmented Information [Abstract]

Revenue and Total Assets by Segment

	(a) Operating Segments

		Years Ended December 31,
			2012		2011		2010
Revenue⁽¹⁾
IMAX systems		$	83,405	$	93,200	$	76,004
Theater system maintenance			28,629		24,840		21,444
Joint revenue sharing arrangements			57,526		30,764		41,757
Films
	Production and IMAX DMR		78,050		50,592		63,462
	Distribution		14,222		16,074		17,937
	Post-production		7,904		8,235		7,702
Other			14,554		12,851		20,308
Total		$	284,290	$	236,556	$	248,614

Gross margins
IMAX systems⁽²⁾⁽⁴⁾		$	50,245	$	56,929	$	43,983
Theater system maintenance⁽²⁾			10,970		9,437		10,084
Joint revenue sharing arrangements⁽³⁾⁽⁴⁾			37,308		17,605		31,703
Films
	Production and IMAX DMR⁽⁴⁾		49,355		23,574		41,159
	Distribution⁽⁴⁾		2,356		3,025		5,205
	Post-production		1,954		2,985		2,891
Other			545		(337)		2,627
Total		$	152,733	$	113,218	$	137,652

		As at December 31,
			2012		2011
				As Revised
Assets
IMAX systems⁽⁵⁾		$	153,201	$	154,312
Theater systems maintenance⁽⁵⁾			14,632		13,008
Joint revenue sharing arrangements⁽⁵⁾			125,602		120,483
Films
	Production and IMAX DMR		17,653		16,577
	Distribution		6,790		4,504
	Post-production		3,694		4,185
Other			3,142		2,718
Corporate and other non-segment specific assets			97,158		91,462
Total		$	421,872	$	407,249

Depreciation and Amortization by Segment [Text Block]

		Years Ended December 31,
		2012		2011		2010
Depreciation and amortization
IMAX systems		$	2,946	$	1,770	$	2,253
Theater systems maintenance			212		184		-
Joint revenue sharing arrangements			11,836		7,939		5,322
Films
	Production and IMAX DMR		14,471		12,843		10,360
	Distribution		1,631		980		1,334
	Post-production		608		590		588
Other			172		156		132
Corporate and other non-segment specific assets			912		701		547
Total		$	32,788	$	25,163	$	20,536

Asset Impairments and Write-downs, Net of Recoveries, by Segment [Text Block]

			Years Ended December 31,
			2012		2011		2010
Asset impairments and write-downs, net of recoveries
IMAX systems		$	1,480	$	1,915	$	2,271
Theater systems maintenance			103		-		171
Joint revenue sharing arrangements			24		12		-
Films
	Production and IMAX DMR		-		-		64
Other			-		27		45
Total		$	1,607	$	1,954	$	2,551

Purchase of property, plant and equipment, by Segment [Text Block]

		Years Ended December 31,
		2012		2011		2010
Purchase of property, plant and equipment
IMAX systems		$	2,958	$	1,076	$	3,441
Theater system maintenance			36		10		18
Joint revenue sharing arrangements			23,257		33,290		21,275
Films
	Production and IMAX DMR		1,175		1,150		450
	Distribution		178		49		90
	Post-production		0		638		514
Other			0		719		541
Corporate and other non-segment specific assets			1,708		1,886		284
Total		$	29,312	$	38,818	$	26,613

Geographical Information, Revenues and Property, plant and equipment

	Years Ended December 31,
	2012		2011		2010
Revenue
United States	$	128,082	$	110,124	$	142,899
Canada		19,109		21,232		9,204
Greater China		44,922		33,265		21,680
Western Europe		26,309		18,895		24,011
Asia (excluding Greater China)		28,899		22,186		19,646
Russia & the CIS		20,130		16,157		17,099
Latin America		9,419		6,051		5,221
Rest of the World		7,420		8,646		8,854
Total	$	284,290	$	236,556	$	248,614

	As at December 31,
	2012		2011
Property, plant and equipment
United States	$	55,658	$	54,133
Canada		21,779		19,004
Greater China		24,764		16,785
Asia (excluding Greater China)		7,134		6,486
Western Europe		3,556		3,945
Rest of the World		719		900
Total	$	113,610	$	101,253

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Financial Instruments [Abstract]

Fair Value of Financial Instruments

		As at December 31, 2012				As at December 31, 2011
		Carrying		Estimated		Carrying		Estimated
		Amount		Fair Value		Amount		Fair Value
Borrowings under the Prior Credit Facility	$	(11,000)	$	(11,000)	$	(55,083)	$	(55,083)
Net financed sales receivable	$	81,148	$	78,933	$	67,300	$	65,846
Net investment in sales-type leases	$	13,045	$	13,513	$	19,414	$	20,448
Available-for-sale investment	$	1,350	$	1,350	$	1,012	$	1,012
Foreign exchange contracts — designated forwards	$	297	$	297	$	(182)	$	(182)
Foreign exchange contracts — non-designated forwards	$	-	$	-	$	(645)	$	(645)

Summary of changes in the fair value


			Available For Sale Investments
			2012		2011

Beginning balance, January 1,			$	1,012	$	1,500
	Transfers into/out of Level 3			-		-
	Total gains or losses (realized/unrealized)
		Included in earnings		-		-
		Included in other comprehensive income		338		(488)
	Purchases, issuances, sales and settlements			-		-
Ending balance, December 31,			$	1,350	$	1,012

The amount of total gains or losses for the period included in earnings attributable to the
	change in unrealized gains or losses relating to assets still held at the reporting date		$	(150)	$	-

Recorded Investment in Financing Receivables

	As at December 31, 2012						As at December 31, 2011
	Minimum		Financed				Minimum		Financed
	Lease		Sales				Lease		Sales
	Payments		Receivables		Total		Payments		Receivables		Total

In good standing	$	11,508	$	69,310	$	80,818	$	15,667	$	55,907	$	71,574
Credit Watch		-		10,930		10,930		1,506		3,718		5,224
Pre-approved transactions		467		293		760		1,837		7,272		9,109
Transactions suspended		2,200		681		2,881		2,237		719		2,956
	$	14,175	$	81,214	$	95,389	$	21,247	$	67,616	$	88,863

Investment In Financing Receivables On Nonaccrual Status

		As at December 31, 2012				As at December 31, 2011
		Recorded		Related		Recorded		Related
		Investment		Allowance		Investment		Allowance

Net investment in leases		$	2,666	$	(1,130)	$	4,692	$	(1,833)
Net financed sales receivables			1,322		(66)		1,329		(316)
	Total	$	3,988	$	(1,196)	$	6,021	$	(2,149)

Aging of Financing Receivables

	As at December 31, 2012
									Related						Recorded
							Billed		Unbilled		Total				Investment
							Financing		Recorded		Recorded		Related		Net of
	Current		30-89 Days		90+ Days		Receivables		Investment		Investment		Allowances		Allowances

Net investment in leases	$	144	$	202	$	1,240	$	1,586	$	12,589	$	14,175	$	(1,130)	$	13,045
Net financed sales receivables		1,063		670		1,267		3,000		78,214		81,214		(66)		81,148
Total	$	1,207	$	872	$	2,507	$	4,586	$	90,803	$	95,389	$	(1,196)	$	94,193


	As at December 31, 2011
									Related						Recorded
							Billed		Unbilled		Total				Investment
							Financing		Recorded		Recorded		Related		Net of
	Current		30-89 Days		90+ Days		Receivables		Investment		Investment		Allowances		Allowances

Net investment in leases	$	350	$	261	$	1,754	$	2,365	$	18,882	$	21,247	$	(1,833)	$	19,414
Net financed sales receivables		723		593		1,029		2,345		65,270		67,616		(316)		67,300
Total	$	1,073	$	854	$	2,783	$	4,710	$	84,152	$	88,863	$	(2,149)	$	86,714

Financing receivables continues to accrue finance income

	As at December 31, 2012
									Related				Recorded
							Billed		Unbilled				Investment
							Financing		Recorded		Related		Past Due
	Current		30-89 Days		90+ Days		Receivables		Investment		Allowance		and Accruing

Net investment in leases	$	11	$	59	$	23	$	93	$	1,449	$	-	$	1,542
Net financed sales receivables		223		382		864		1,469		16,173		-		17,642
Total	$	234	$	441	$	887	$	1,562	$	17,622	$	-	$	19,184


	As at December 31, 2011
									Related				Recorded
							Billed		Unbilled				Investment
							Financing		Recorded		Related		Past Due
	Current		30-89 Days		90+ Days		Receivables		Investment		Allowance		and Accruing

Net investment in leases	$	67	$	118	$	144	$	329	$	3,766	$	-	$	4,095
Net financed sales receivables		202		345		674		1,221		16,343		-		17,564
Total	$	269	$	463	$	818	$	1,550	$	20,109	$	-	$	21,659

Impaired financing receivables


			Impaired Financing Receivables
			For the Year Ended December 31, 2012
									Average		Interest
			Recorded		Unpaid		Related		Recorded		Income
			Investment		Principal		Allowance		Investment		Recognized
Recorded investment for which there is a related allowance:
		Net financed sales receivables	$	187	$	220	$	(66)	$	201	$	-

Recorded investment for which there is no related allowance:
		Net financed sales receivables		377		13		-		479		22

Total recorded investment in impaired loans:
		Net financed sales receivables	$	564	$	233	$	(66)	$	680	$	22


			Impaired Financing Receivables
			For the Year Ended December 31, 2011
									Average		Interest
			Recorded		Unpaid		Related		Recorded		Income
			Investment		Principal		Allowance		Investment		Recognized
Recorded investment for which there is a related
	allowance:
		Net financed sales receivables	$	927	$	402	$	(316)	$	972	$	-

Total recorded investment in impaired loans:
		Net financed sales receivables	$	927	$	402	$	(316)	$	972	$	-

Allowance for credit losses and investment in financing receivables

		Year Ended December 31, 2012
		Net Investment		Net Financed
		in Leases		Sales Receivables
Allowance for credit losses:

Beginning balance		$	1,833	$	316
	Charge-offs		(1,019)		(109)	⁽¹⁾
	Provision		316		(141)
Ending balance		$	1,130	$	66

Ending balance: individually evaluated for impairment		$	1,130	$	66


Financing receivables:

Ending balance: individually evaluated for impairment		$	14,174	$	81,215

		Year Ended December 31, 2011
		Net Investment		Net Financed
		in Leases		Sales Receivables
Allowance for credit losses:

Beginning balance		$	4,838	$	66
	Charge-offs		(4,526)		-
	Provision		1,521		250
Ending balance		$	1,833	$	316

Ending balance: individually evaluated for impairment		$	1,833	$	316


Financing receivables:

Ending balance: individually evaluated for impairment		$	21,247	$	67,616

Notional amount of derivative

			As at December 31,
			2012		2011
Derivatives designated as hedging instruments:
	Foreign exchange contracts — Forwards	$	8,069	$	20,581

Derivatives not designated as hedging instruments:
	Foreign exchange contracts — Forwards		-		67,341
		$	8,069	$	87,922

Fair value of foreign exchange contracts

Fair value of derivatives in foreign exchange contracts:

				As at December 31,
		Balance Sheet Location	2012		2011
Derivatives designated as hedging instruments:
	Foreign exchange contracts — Forwards	Other assets (Accrued liabilities)	$	297	$	(182)

Derivatives not designated as hedging instruments:
	Foreign exchange contracts — Forwards	Accrued liabilities		-		(645)
			$	297	$	(827)

Derivatives in Foreign Currency Hedging relationships

			Years Ended December 31,
			2012		2011		2010
Foreign exchange contracts - Forwards	Derivative Gain (Loss) Recognized in OCI (Effective Portion)	$	716	$	(162)	$	797
		$	716	$	(162)	$	797

	Location of Derivative Gain
	Reclassified from AOCI		Years Ended December 31,
	into Income (Effective Portion)		2012		2011		2010
Foreign exchange contracts - Forwards	Selling, general and administrative expenses	$	236	$	684	$	665
		$	236	$	684	$	665

Non Designated Derivatives in Foreign Currency relationships

			Years Ended December 31,
	Location of Derivative Gain (Loss)		2012		2011		2010
Foreign exchange contracts - Forwards	Selling, general and administrative expenses	$	1,184	$	(1,014)	$	2,036
		$	1,184	$	(1,014)	$	2,036

Pension and Post-retirement benefits (Tables)

12 Months Ended

Dec. 31, 2012

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Assumptions used to determine obligation and cost status

		As at December 31,
		2012	2011
Discount rate		0.96%	1.43%
Lump sum interest rate:
	First 25 years	n/a	n/a
	First 20 years	2.67%	3.74%
	Thereafter	3.01%	3.70%
Cost of living adjustment on benefits		1.20%	1.20%
Rate of increase in qualifying compensation levels		0.00%	0.00%

Weighted average assumptions used to determine the benefit obligation and net postretirement benefit expense are:
	As at December 31,
	2012		2011		2010
Discount rate	4.00	%	4.50	%	5.00	%

Amounts accrued

		Years Ended December 31,
		2012		2011
Projected benefit obligation:
	Obligation, beginning of year	$	18,990	$	18,108
	Interest cost		272		279
	Actuarial loss		1,104		603
	Obligation, end of year and unfunded status	$	20,366	$	18,990

	As at December 31,
	2012		2011
Accrued benefits cost	$	(20,366)	$	(18,990)
Accumulated other comprehensive loss		3,367		2,628
Net amount recognized in the consolidated balance sheets	$	(16,999)	$	(16,362)

	As at December 31,
	2012		2011
Obligation, beginning of year	$	4,052	$	3,440
Interest cost		194		183
Service cost		231		195
Actuarial loss		129		234
Obligation, end of year	$	4,606	$	4,052

Pension Expense

	Years Ended December 31,
	2012		2011		2010
Interest cost	$	194	$	183	$	168
Service cost		231		195		160
	$	425	$	378	$	328

Components of net periodic benefit cost

		As at December 31,
	2012		2011			2010

Unrecognized actuarial loss	$	3,367	$	2,628	$	2,239

Schedule of expected benefit payments

2013	$	65
2014	$	60
2015	$	67
2016	$	84
2017	$	98
Thereafter	$	4,232
Total	$	4,606

Pension Plans, Defined Benefit [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Pension Expense

	Years ended December 31
	2012		2011		2010
Service cost	$	-	$	-	$	448
Interest cost		272		279		351
Amortization of actuarial loss		365		214		-
Realized actuarial gain of settlement of pension liability		-		-		(385)
Pension expense	$	637	$	493	$	414

Schedule of expected benefit payments

2013	$	-
2014		21,058
2015		-
2016		-
2017		-
Thereafter		-
	$	21,058

Other Postretirement Benefit Plans, Defined Benefit [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Assumptions used to determine obligation and cost status

Weighted average assumptions used to determine the benefit obligation are:
	As at December 31,
	2012		2011		2010
Discount rate	3.75	%	4.20	%	5.30	%

Weighted average assumptions used to determine the net postretirement benefit expense are:
	Years Ended December 31
	2012		2011		2010
Discount rate	4.50	%	4.50	%	4.50	%

Amounts accrued

	As at December 31,
	2012		2011
Obligation, beginning of year	$	502	$	476
Interest cost		13		26
Actuarial loss		9		-
Obligation, end of year	$	524	$	502

Components of net periodic benefit cost

	Years Ended December 31,
	2012		2011		2010
Interest cost	$	13	$	26	$	26
Actuarial loss (gain)		9		0		(6)
	$	22	$	26	$	20

Schedule of expected benefit payments

2013	$	18
2014	$	19
2015	$	21
2016	$	44
2017	$	30
Thereafter	$	392
Total	$	524

Asset Retirement Obligations (Tables)

12 Months Ended

Dec. 31, 2012

Asset Retirement Obligation Disclosure [Abstract]

Schedule of Change in Asset Retirement Obligation [Table Text Block]

	Years Ended December 31,
	2012		2011		2010
Beginning balance, January 1	$	230	$	286	$	267
Accretion expense		19		17		19
Reduction in asset retirement obligation due to lease renegotiation		-		(73)		-
Ending balance, December 31	$	249	$	230	$	286

Description of the Business (Details)	Dec. 31, 2012
Description of Business (Textuals) [Abstract]
Number of Countries in which Entity Operates	53

Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Basis of Presentation (Textuals) [Abstract]
Carrying value of equity investments	$ 3,074	$ 4,055
Investment in preferred stock of other business venture	1,500
Total assets	15,900
Total carrying value of investments in new business ventures	4,400	5,100
Fair Value, Available for Sale Investment	$ 1,300	1,000
Percentage investment in 3net	10.10%
Number of Variable Interest Entities	9
Number Of Variable Interest Entities Primary Beneficiary	2
Number Of Variable Interest Entities Not Primary Beneficiary	7
Short Term Investments [Abstract]
Short-term Investments	$ 0	0
Pension And Other Postretirement Plans Policy (Textuals) [Abstract]
Remaining Weighted Average Service Life of Employee	2 years
Pension policy details	10.00%
Variable Interest Entity, Primary Beneficiary [Member]
Basis of Presentation (Textuals) [Abstract]
Total assets	$ 0	0
Total liabilities	0	0
Variable Interest Entity, Not Primary Beneficiary [Member]
Basis of Presentation (Textuals) [Abstract]
Carrying value of investments	0	0
Total assets	15,900	12,700
Total liabilities	15,900	12,700
Earnings of the investees	0	0
Loss exposure	$ 900	$ 0

Revision of Previously Issued Financial Statements (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Error Corrections And Prior Period Adjustments Restatement Line Items
Deferred income taxes	$ 36,461
Total assets	421,872
Accrued and other liabilities	68,695
Total liabilities	168,793
Deficit	(87,166)
Accumulated other comprehensive loss	(2,391)
Total Shareholders' Equity	253,079
Selling, general and administrative expenses	81,560
Income from operations	58,382
Income from operations before income taxes	57,778
(Provision for) recovery of income taxes	(15,079)
Net income	$ 41,337
Net income per share - basic	$ 0.63
Net income per share - diluted	$ 0.61
Other comprehensive loss, before tax	$ 100
Income tax recovery allocated to other comprehensive loss	(43)
Comprehensive income	$ 41,480
Scenario Previously Reported Member
Error Corrections And Prior Period Adjustments Restatement Line Items
Deferred income taxes		$ 50,033
Total assets		406,236
Accrued and other liabilities		54,803
Total liabilities		213,329
Deficit		(125,666)
Accumulated other comprehensive loss		(2,332)
Total Shareholders' Equity		192,907
Selling, general and administrative expenses		72,779	$ 78,428
Income from operations		28,492	50,974
Income from operations before income taxes		26,722	49,488
(Provision for) recovery of income taxes		(9,388)	51,784
Net income		$ 15,543	$ 100,779
Net income per share - basic		$ 0.24	$ 1.59
Net income per share - diluted		$ 0.23	$ 1.51
Other comprehensive loss, before tax		$ (1,723)	$ (2,899)
Income tax recovery allocated to other comprehensive loss		(388)	(996)
Comprehensive income		14,208	98,876
As Revised
Error Corrections And Prior Period Adjustments Restatement Line Items
Deferred income taxes		51,046
Total assets		407,249
Accrued and other liabilities		58,855
Total liabilities		217,381
Deficit		(128,503)
Accumulated other comprehensive loss		(2,534)
Total Shareholders' Equity		189,868
Selling, general and administrative expenses		73,157	78,757
Income from operations		28,114	50,645
Income from operations before income taxes		26,344	49,159
(Provision for) recovery of income taxes		(9,293)	52,574
Net income		$ 15,260	$ 101,240
Net income per share - basic		$ 0.24	$ 1.59
Net income per share - diluted		$ 0.22	$ 1.52
Other comprehensive loss, before tax		$ (1,957)	$ (3,136)
Income tax recovery allocated to other comprehensive loss		(446)	(1,067)
Comprehensive income		$ 13,749	$ 99,171

Financing Receivables (Details) - USD ($) $ in Thousands	12 Months Ended
Financing Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Contingent Fees [Abstract]
Sales	$ 1,797	$ 976	$ 1,608
Sales-type leases	308	517	1,054
Operating leases	930	1,232	1,675
Subtotal - Sales, Sales-type Leases and Operating Leases	3,035	2,725	4,337
Joint revenue sharing arrangements	57,526	30,764	41,757
Total	60,561	33,489	$ 46,094
Financing receivables, consisting of net investment in sales-type leases and receivables from financed sales
Gross minimum lease payments receivable	18,880	29,603
Unearned finance income	(4,705)	(8,356)
Minimum lease payments receivable	14,175	21,247
Accumulated allowance for uncollectible amounts	(1,130)	(1,833)
Net investment in leases	13,045	19,414
Gross financed sales receivables	114,492	95,686
Unearned finance income	(33,278)	(28,070)
Financed sales receivables	81,214	67,616
Accumulated allowance for uncollectible amounts	(66)	(316)
Net financed sales receivables	81,148	67,300
Total financing receivables	94,193	86,714
Net financed sales receivables due within one year	10,482	8,694
Net financed sales receivables due after one year	$ 70,666	$ 58,606
Financing Receivables (Textuals) [Abstract]
Financed sale receivables, Weighted average effective interest rate	8.70%	8.90%
Operating Leases, Future Minimum Payments Receivable [Abstract]
2013	$ 2,145
2014	1,652
2015	1,309
2016	1,090
2017	1,031
Thereafter	4,698
Total	11,925
Sales-type Leases, Future Minimum Payments Receivable [Abstract]
2013	3,087
2014	2,732
2015	2,475
2016	1,957
2017	1,550
Thereafter	5,460
Total	17,261
Future Minimum Rental Payments (Textuals) [Abstract]
Total future minimum rental payments receivable from sales-type leases: Amount excluded for amounts billed but not yet received.	$ 1,600

Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Inventories
Raw materials	$ 5,424	$ 5,803
Work-in-process	338	1,515
Finished goods	10,032	12,429
Total	15,794	19,747
Inventories (Textuals) [Abstract]
Finished goods inventory with title passed to customer	6,800	5,700
Provision for excess and obsolete inventory	$ 4,400	$ 4,000

- Definition

The amount of the valuation account as of the balance sheet date which reduces the carrying amount of inventory to net realizable value; takes into consideration such factors as market value, excessive quantities based on expected sales, technological obsolescence, and shrinkage. May also provide for estimated product returns or price concessions pertaining to product cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.BB)
-URI http://asc.fasb.org/extlink&oid=6386940&loc=d3e100047-122729

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.6(a))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SX 210.12-09)
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24092-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-SubTopic 10
-Section 35
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6386567&loc=d3e3927-108312

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Paragraph 14
-Chapter 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Paragraph 8, 9, 14
-Chapter 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 9
-Chapter 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 09
-Article 12

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 6
-Subparagraph a
-Article 5

+ Details

Films Assets (Details) - USD ($) $ in Thousands	12 Months Ended
Films Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Film Costs (Textuals) [Abstract]
Film costs expected to be amortized within five years from balance sheet date	$ 3,000	$ 2,000
Film Costs, Amortized in Next Operating Cycle	2,400
Amount of participation payments expected to be made to third parties in 2013	5,800	6,400
Accumulated amortization, completed and released films	67,363	51,848
Film Costs [Abstract]
Completed and released films, net of accumulated amortization of $67,363 (2011 - $51,848)	2,959	1,356
Films in production	380	639
Films in development	398	393
Film Costs, Total	$ 3,737	$ 2,388

Property, Plant & Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Property, plant and equipment
Cost	$ 195,164	$ 188,860
Accumulated Depreciation	81,554	87,607
Net Book Value	113,610	101,253
Other property, plant and equipment [Member]
Property, plant and equipment
Cost	52,346	54,842
Accumulated Depreciation	38,108	41,746
Net Book Value	14,238	13,096
Land [Member]
Property, plant and equipment
Cost	1,593	1,593
Accumulated Depreciation	0	0
Net Book Value	1,593	1,593
Building [Member]
Property, plant and equipment
Cost	15,242	14,633
Accumulated Depreciation	9,864	9,352
Net Book Value	5,378	5,281
Equipment [Member]
Property, plant and equipment
Cost	25,777	29,220
Accumulated Depreciation	19,779	24,772
Net Book Value	5,998	4,448
Leasehold Improvements [Member]
Property, plant and equipment
Cost	9,734	9,396
Accumulated Depreciation	8,465	7,622
Net Book Value	1,269	1,774
Asset under Construction [Member]
Property, plant and equipment
Cost	6,910	4,972
Accumulated Depreciation	0	0
Net Book Value	6,910	4,972
Equipment leased or held for use [Member]
Property, plant and equipment
Cost	135,908	129,046
Accumulated Depreciation	43,446	45,861
Net Book Value	92,462	83,185
Theater System Components [Member]
Property, plant and equipment
Cost	131,240	122,691
Accumulated Depreciation	39,140	39,773
Net Book Value	92,100	82,918
Camera Equipment [Member]
Property, plant and equipment
Cost	4,668	6,355
Accumulated Depreciation	4,306	6,088
Net Book Value	$ 362	$ 267

Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Other Assets [Abstract]
Insurance recoverable	$ 11,474	$ 918
Lease incentives provided to theaters	4,554	4,285
Equity-accounted investments	3,074	4,055
Commissions and other deferred selling expenses	2,645	2,967
Investment in new business ventures	1,350	1,012
Deferred charges on debt financing	569	1,001
Foreign currency derivatives	297	0
Other Assets, Total	$ 23,963	$ 14,238

- Definition

Amount of equity securities categorized neither as held-to-maturity nor as trading.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 25
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=7534914&loc=d3e22054-111558

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 3
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 86-40
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 12
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

This item represents the deferred charge for an incentive or inducement granted by a lessor to a lessee, in order to motivate the lessee to enter the lease agreement, which incentive or inducement is to be recognized as a reduction of rental revenue over the lease term.

+ References + Details

Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
Income Tax (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Canada	$ 55,477
United States	2,636
China	(476)
Other	141
Income from Continuing Operations before income taxes, Total	$ 57,778
As Revised
Canada		$ 23,023	$ 47,625
United States		8,655	2,088
China		(5,722)	0
Other		388	(554)
Income from Continuing Operations before income taxes, Total		$ 26,344	$ 49,159

Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
Other Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Other Intangible Assets
Other Intangible Assets, Cost	$ 35,311	$ 30,471
Other Intangible Assets, Accumulated Amortization	7,400	5,558
Other Intangible Assets, Net Book Value	27,911	24,913
Other Intangible Assets (Textuals) [Abstract]
Costs incurred to renew or extend the term of acquired other intangible assets	100	100
Other Intangible Assets (Additional Textuals) [Abstract]
2013	2,000
2014	2,000
2015	2,000
2016	2,000
2017	2,000
Acquisition of patents and Trademarks, cost	5,000
Acquisition of patents and Trademarks, net book value	$ 4,800
Weighted average amortization period for additions to other intangible assets	10 years
Patents and Trademarks [Member]
Other Intangible Assets
Other Intangible Assets, Cost	$ 8,499	8,014
Other Intangible Assets, Accumulated Amortization	5,670	5,304
Other Intangible Assets, Net Book Value	2,829	2,710
Licenses And Intellectual Property [Member]
Other Intangible Assets
Other Intangible Assets, Cost	19,790	19,407
Other Intangible Assets, Accumulated Amortization	1,730	254
Other Intangible Assets, Net Book Value	18,060	19,153
Other Finite Lived Asset [Member]
Other Intangible Assets
Other Intangible Assets, Cost	7,022	3,050
Other Intangible Assets, Accumulated Amortization	0	0
Other Intangible Assets, Net Book Value	$ 7,022	$ 3,050

Credit Facility (Details) - USD ($) $ in Thousands	12 Months Ended
Credit Facility (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Feb. 07, 2013	Jun. 02, 2011
Bank indebtedness
Bank indebtedness (note 12)	$ 11,000	$ 55,083
Additional Credit Facility (Textuals) [Abstract]
Amounts drawn under credit facility	11,000	55,083
Revolving Term Loan [Member]
Bank indebtedness
Bank indebtedness (note 12)	11,000	55,083
Additional Credit Facility (Textuals) [Abstract]
Amounts drawn under credit facility	11,000	55,083
Wells Fargo Foreign Exchange Facility [Member]
Credit Facility (Textuals) [Abstract]
Notional Amount of arrangements entered into	8,069
Settlement risk on its foreign currency forward contracts	0
Bank of Montreal Facilities [Member] \| Letter Of Credit And Apg [Member]
Credit Facility (Textuals) [Abstract]
Line of Credit Facility, Remaining Borrowing Capacity	10,000	10,000
Amounts drawn	900	800
Prior Credit Facility [Member]
Credit Facility (Textuals) [Abstract]
Maximum borrowing capacity				$ 110,000
Line of Credit Facility, Remaining Borrowing Capacity	99,000	52,000
Amounts drawn	11,000	55,083
Actual Excess Availability	55,000
Actual Cash And Excess Availability	76,300
Minimum excess availability reserve	5,000
Minimum Cash And Excess Availability Reserve	$ 15,000
Line of credit facility covenant terms	The Prior Credit Facility provides that the Company will be required to maintain a ratio of funded debt (as defined in the Prior Credit Agreement) to EBITDA (as defined in the Prior Credit Agreement) of not more than 2:1. The Company will also be required to maintain a Fixed Charge Coverage Ratio (as defined in the Prior Credit Agreement) of not less than 1.1:1.0. At all times under the terms of the Prior Credit Facility, the Company was required to maintain minimum Excess Availability of not less than $5.0 million and minimum Cash and Excess Availability of not less than $15.0 million. These amounts were $55.0 million and $76.3 million at December 31, 2012, respectively. The Company was in compliance with all of these requirements at December 31, 2012.
Prior Credit Facility [Member] \| Revolving Asset Based Loans [Member]
Credit Facility (Textuals) [Abstract]
Maximum borrowing capacity				50,000
Maximum aggregate borrowings	maximum aggregate borrowings equal to the lesser of: (i) $50.0 million, and (ii) a collateral calculation based on the percentages of the book values of certain of the Company’s net investment in sales-type leases, financing receivables, certain trade accounts receivable, finished goods inventory allocated to backlog contracts and the appraised values of the expected future cash flows related to operating leases and the Company’s owned real property, reduced by certain accruals and accounts payable and subject to other conditions, limitations and reserve right requirements.
Revolving portion of the credit facility	(i) LIBOR plus a margin of 2.00% per annum, or (ii) Wells Fargo Canada’s prime rate plus a margin of 0.50% per annum
Current borrowing capacity	$ 50,000	47,059
Letters of credit and advance payment guarantees	0
Minimum excess availability reserve	5,000
Prior Credit Facility [Member] \| Letter Of Credit And Apg [Member]
Credit Facility (Textuals) [Abstract]
Amounts drawn	0	3,000
Prior Credit Facility [Member] \| Revolving Term Loan [Member]
Bank indebtedness
Bank indebtedness (note 12)	$ 11,000	$ 55,083
Credit Facility (Textuals) [Abstract]
Maximum borrowing capacity				60,000
Effective interest rate	2.42%	2.50%
Current borrowing capacity	$ 49,000	$ 4,900
Additional Credit Facility (Textuals) [Abstract]
Amounts drawn under credit facility	$ 11,000	$ 55,083
Prior Credit Facility [Member] \| Letter of Credit [Member]
Credit Facility (Textuals) [Abstract]
Maximum borrowing capacity				$ 20,000
New Credit Facility [Member]
Credit Facility (Textuals) [Abstract]
Maximum borrowing capacity			$ 200,000
Amounts drawn			$ 18,000
Line of credit facility covenant terms	The New Credit Facility provides that the Company will be required to maintain a Fixed Charge Coverage Ratio (as defined in the Credit Agreement) of not less than 1.1:1.0. The Company will also be required to maintain minimum EBITDA (as defined in the Credit Agreement) of $70.0 million between closing and December 30, 2013, which requirement increases to $80.0 million on December 31, 2013, $90.0 million on December 31, 2014, and $100.0 million on December 31, 2015. The Company must also maintain a Maximum Total Leverage Ratio (as defined in the Credit Agreement) of 2.5:1.0 between closing and December 30, 2013, which requirement decreases to (i) 2.25:1.0 on December 31, 2013; (ii) 2.00:1:0 on December 31, 2014; and (iii) 1.75:1.0 on December 31, 2015
Line Of Credit Facility Dividend Restrictions	The New Credit Facility permits the Company to undertake up to $150.0 million in stock buybacks and dividends, provided certain covenants in the Credit Agreement are maintained.
New Credit Facility [Member] \| Revolving Term Loan [Member]
Credit Facility (Textuals) [Abstract]
Revolving portion of the credit facility	Term loans, if any, under the New Credit Facility must be repaid under a 5-year straight line amortization, with a balloon payment due at maturity. The Company is required to provide an interest rate hedge for 50% of any term loans outstanding.
New Credit Facility [Member] \| Revolving Loan [Member]
Credit Facility (Textuals) [Abstract]
Revolving portion of the credit facility	The amounts outstanding under the New Credit Facility bear interest, at the Company’s option, at (i) LIBOR plus a margin of (a) 1.50%, 1.75% or 2.00% depending on the Company’s Total Leverage Ratio (as defined in the Credit Agreement) per annum, or (ii) Wells Fargo’s prime rate plus a margin of 0.50% per annum.

Commitments (Details) - USD ($) $ in Thousands	12 Months Ended
Commitments (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Total minimum annual rental payments under operating lease
2013, Operating Leases	$ 6,931
2013, Capital Leases	20
2014, Operating Leases	5,142
2014, Capital Leases	0
2015, Operating Leases	1,177
2015, Capital Leases	0
2016, Operating Leases	511
2016, Capital Leases	0
2017, Operating Leases	511
2017, Capital Leases	0
Thereafter, Operating Leases	813
Thereafter, Capital Leases	0
Operating Leases, Total	15,085
Capital Leases, Total	20
Commitments (Textuals) [Abstract]
Rent expense, Total	$ 6,200	$ 4,900	$ 4,800
Rent expense, Sublease rental			$ 400
Rent expense, sublease rental	nil	less than 0.1
Accrued rent and lease inducements recognized as an offset to rent expense included in Accrued liabilities	$ 2,400	$ 3,500
Purchase obligation under long term supplier contracts	12,100	12,900
Accrued commission on sale or lease of the theater systems payable in future periods	1,800	1,300
Bank of Montreal Facilities [Member]
Commitments (Additional Textuals)
Outstanding letter of credit and advance payment guarantees secured	900	800
Credit Facililty [Member]
Commitments (Additional Textuals)
Outstanding letter of credit and advance payment guarantees secured	$ 0	$ 3,000

Contingencies and Guarantees (Details) - USD ($) $ in Thousands		1 Months Ended	12 Months Ended
	Jun. 01, 2003	Sep. 20, 2006	Dec. 31, 2012	Dec. 31, 2011	May 04, 2012	Jan. 26, 2012	Dec. 02, 2011	Mar. 16, 2011	Mar. 27, 2008	Aug. 24, 2007
Accrual for product warranties
Balance at the beginning of period			$ 94	$ 160
Warranty redemptions			(66)	(152)
Warranties issued			53	146
Warranty revisions			(49)	(60)
Balance at the end of period			32	94
Contingencies and Guarantees Disclosure (Textuals) [Abstract]
Interim awards issued in favor of Company					$ 15,500					$ 9,400
Final Award in favor of company							$30,000 to cover the costs of the application		Amount of $11.3 million plus an additional $2,512 each day in interest from October 1, 2007 until the date the award is paid
Damages sought	over 5.0 million	$210.0 million
The arbitrator issued a final award in damages						$ 12,000		$ 400
Pre-judgment interest on claim for breach of one of the Ride film production agreements								300
Attorneys' fees and Attorneys' fee provision								$ 1,200
Indemnification of its directors/officers			$ 0	$ 0
Other Indemnification			no amount has been accrued

Capital Stock (Details) - Employee Stock Option [Member]	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Weighted average fair value of common share granted to employees
Average risk-free interest rate	1.36%	2.61%	3.18%
Dividend yield	0.00%	0.00%	0.00%
Maximum [Member]
Weighted average fair value of common share granted to employees
Expected option life (in years)	6 years 3 months 4 days	6 years 7 months 6 days	5 years 4 months 28 days
Expected volatility	50.00%	50.00%	61.00%
Annual termination probability	8.76%	8.76%	9.69%
Minimum [Member]
Weighted average fair value of common share granted to employees
Expected option life (in years)	2 years 10 months 20 days	1 year 9 months 11 days	2 years 9 months 25 days
Expected volatility	50.00%	50.00%	50.00%
Annual termination probability	0.00%	0.00%	0.00%

Consolidated Statement of Operations Supplemental Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)
Other Income
Other income	$ (732)	$ (3,800)	$ (400)
Foreign Exchange
Foreign exchange translation gains (losses) related to monetary assets and liabilities and un hedged foreign exchange contracts	$ 1,200	(1,300)	1,500
Collaborative Arrangements
Non-cancellable joint revenue sharing arrangements	7 to 10 years
Total number of exhibitors under joint revenue sharing agreements	29
Total number of theater systems under joint revenue sharing agreements	453
Total number of operating theaters under joint revenue sharing agreement	316
Amounts attributable to transactions arising between the company and its customers under joint revenue sharing arrangements	$ 57,500	30,800	41,800
Percentage of the gross box-office receipts of the film, minimum for recovering digital re-mastering cost	10.00%
Percentage of the gross box-office receipts of the film, maximum for recovering digital re-mastering cost	15.00%
IMAX DMR films released in the current period	35
Amounts attributable to transactions arising between the company and its customers under IMAX DMR arrangements	$ 78,100	50,600	63,500
Number of significant co-produced film arrangement	4
Share in total assets and liabilities balance in co-produced film arrangement	greater than 50%
Total assets and liabilities of VIE	$ 15,900
Number of other co-produced film arrangements	3
Amounts attributable to transactions between the company and other parties included in cost and expense	$ 6,100	7,500	7,700
Selling Expenses
Deferred direct selling cost	2,700	2,400	1,900
Film exploitation costs, including advertising and marketing	5
Commissions recognized as cost and expenses	1,500	2,300	2,100
Direct advertising and marketing costs related to theater	$ 1,900	$ 3,200	$ 2,100

Receivable Provisions Net of Recoveries (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Receivable Provisions, Net of Recoveries [Abstract]
Accounts receivable provisions, net of recoveries	$ 606	$ 333	$ 499
Financing receivables, net of recoveries	(82)	1,237	944
Receivable provisions, net of recoveries	$ 524	$ 1,570	$ 1,443

- Definition

The sum of the periodic provision charged to earnings, based on an assessment of uncollectibility from the counterparty on account of loan, lease or other credit losses, to reduce these accounts to the amount that approximates their net realizable value.

+ References + Details

Asset Impairments (Details) - USD ($) $ in Thousands	12 Months Ended
Asset Impairments (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Asset Impairment Charges [Abstract]
Property, plant and equipment	$ 0	$ 28	$ 45
Total	$ 0	$ 28	$ 45
Property, Plant and Equipment Impairment or Disposal [Abstract]
Property, Plant and Equipment Impairment or Disposal Disclosure	0.0	less than $0.1 million	less than $0.1 million
Other Asset Impairment Charges	$ 6	$ 0	$ 0

- Definition

The aggregate amount of write-downs for impairments recognized during the period for long lived assets held for use (including those held for disposal by means other than sale).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 225
-Section 45
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6743430&loc=d3e92212-112881

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Impairment
-URI http://asc.fasb.org/extlink&oid=6515133

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2420-110228

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 26
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 7, 25
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Consolidated Statements of Cash Flows Supplemental Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Decrease (increase) in:
Accounts receivable	$ 4,110	$ (7,486)	$ (2,423)
Financing receivables	(7,349)	(14,623)	(11,874)
Inventories	(422)	(1,264)	(3,828)
Prepaid expenses	(706)	(294)	(223)
Commissions and other deferred selling expenses	322	382	(432)
Insurance recoveries	444	978	156
Other assets	(752)	(2,357)	(25)
Increase (decrease) in:
Accounts payable	(8,139)	5,592	100
Accrued and other Liabilities	(2,266)	(31,013)	(25,823)
Deferred revenue	(504)	706	15,690
Changes in other non-cash operating assets and liabilities	(15,262)	(49,379)	(28,682)
Cash payments
Income taxes	1,283	3,349	682
Interest	$ 1,374	$ 1,260	$ 1,719

Segmented Information (Details) - USD ($) $ in Thousands	12 Months Ended
Segmented Information (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Revenue
Revenue	$ 284,290	$ 236,556	$ 248,614
Gross margins
Gross margins	152,733	113,218	137,652
Depreciation and amortization
Depreciation and amortization	32,788	25,163	20,536
Asset Impairments and Write-downs, Net of Recoveries
Asset impairments and write-downs, net of recoveries	1,607	1,954	2,551
Purchase of property, plant and equipment
Purchase of property, plant and equipment	29,312	38,818	26,613
Assets
Total assets	421,872
As Revised
Revenue
Revenue		236,556	248,614
Gross margins
Gross margins		113,218	137,652
Assets
Total assets		407,249
Imax Systems [Member]
Revenue
Revenue	83,405	93,200	76,004
Gross margins
Gross margins	50,245	56,929	43,983
Depreciation and amortization
Depreciation and amortization	2,946	1,770	2,253
Asset Impairments and Write-downs, Net of Recoveries
Asset impairments and write-downs, net of recoveries	1,480	1,915	2,271
Purchase of property, plant and equipment
Purchase of property, plant and equipment	2,958	1,076	3,441
Assets
Total assets	153,201
Imax Systems [Member] \| As Revised
Assets
Total assets		154,312
Theater System Maintenance [Member]
Revenue
Revenue	28,629	24,840	21,444
Gross margins
Gross margins	10,970	9,437	10,084
Depreciation and amortization
Depreciation and amortization	212	184	0
Asset Impairments and Write-downs, Net of Recoveries
Asset impairments and write-downs, net of recoveries	103	0	171
Purchase of property, plant and equipment
Purchase of property, plant and equipment	36	10	18
Assets
Total assets	14,632
Theater System Maintenance [Member] \| As Revised
Assets
Total assets		13,008
Joint Revenue Sharing Arrangements [Member]
Revenue
Revenue	57,526	30,764	41,757
Gross margins
Gross margins	37,308	17,605	31,703
Depreciation and amortization
Depreciation and amortization	11,836	7,939	5,322
Asset Impairments and Write-downs, Net of Recoveries
Asset impairments and write-downs, net of recoveries	24	12	0
Purchase of property, plant and equipment
Purchase of property, plant and equipment	23,257	33,290	21,275
Assets
Total assets	125,602
Joint Revenue Sharing Arrangements [Member] \| As Revised
Assets
Total assets		120,483
Production and Imax Dmr [Member]
Revenue
Revenue	78,050	50,592	63,462
Gross margins
Gross margins	49,355	23,574	41,159
Depreciation and amortization
Depreciation and amortization	14,471	12,843	10,360
Asset Impairments and Write-downs, Net of Recoveries
Asset impairments and write-downs, net of recoveries	0	0	64
Purchase of property, plant and equipment
Purchase of property, plant and equipment	1,175	1,150	450
Assets
Total assets	17,653
Production and Imax Dmr [Member] \| As Revised
Assets
Total assets		16,577
Distribution [Member]
Revenue
Revenue	14,222	16,074	17,937
Gross margins
Gross margins	2,356	3,025	5,205
Depreciation and amortization
Depreciation and amortization	1,631	980	1,334
Asset Impairments and Write-downs, Net of Recoveries
Asset impairments and write-downs, net of recoveries	0	0	0
Purchase of property, plant and equipment
Purchase of property, plant and equipment	178	49	90
Assets
Total assets	6,790
Distribution [Member] \| As Revised
Assets
Total assets		4,504
Post Production [Member]
Revenue
Revenue	7,904	8,235	7,702
Gross margins
Gross margins	1,954	2,985	2,891
Depreciation and amortization
Depreciation and amortization	608	590	588
Asset Impairments and Write-downs, Net of Recoveries
Asset impairments and write-downs, net of recoveries	0	0	0
Purchase of property, plant and equipment
Purchase of property, plant and equipment	0	638	514
Assets
Total assets	3,694
Post Production [Member] \| As Revised
Assets
Total assets		4,185
Others [Member]
Revenue
Revenue	14,554	12,851	20,308
Gross margins
Gross margins	545	(337)	2,627
Depreciation and amortization
Depreciation and amortization	172	156	132
Asset Impairments and Write-downs, Net of Recoveries
Asset impairments and write-downs, net of recoveries	0	27	45
Purchase of property, plant and equipment
Purchase of property, plant and equipment	0	719	541
Assets
Total assets	3,142
Others [Member] \| As Revised
Assets
Total assets		2,718
Corporate And Other Non Segment Specific Assets [Member]
Depreciation and amortization
Depreciation and amortization	912	701	547
Purchase of property, plant and equipment
Purchase of property, plant and equipment	1,708	1,886	$ 284
Assets
Total assets	$ 97,158
Corporate And Other Non Segment Specific Assets [Member] \| As Revised
Assets
Total assets		$ 91,462

Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Other Financial Instrument
Borrowings under Prior Credit Facility	$ 11,000
Net financed sales receivable	81,148	$ 67,300
Net investment in sales-type leases	13,045	19,414
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Other Financial Instrument
Borrowings under Prior Credit Facility	(11,000)	(55,083)
Net financed sales receivable	81,148	67,300
Net investment in sales-type leases	13,045	19,414
Available-for-sale investment	1,350	1,012
Carrying (Reported) Amount, Fair Value Disclosure [Member] \| Designated as Hedging Instrument [Member]
Other Financial Instrument
Foreign exchange contracts	297	(182)
Carrying (Reported) Amount, Fair Value Disclosure [Member] \| Not Designated as Hedging Instrument [Member]
Other Financial Instrument
Foreign exchange contracts	0	(645)
Estimate of Fair Value, Fair Value Disclosure [Member]
Other Financial Instrument
Borrowings under Prior Credit Facility	(11,000)	(55,083)
Net financed sales receivable	78,933	65,846
Net investment in sales-type leases	13,513	20,448
Available-for-sale investment	1,350	1,012
Estimate of Fair Value, Fair Value Disclosure [Member] \| Designated as Hedging Instrument [Member]
Other Financial Instrument
Foreign exchange contracts	297	(182)
Estimate of Fair Value, Fair Value Disclosure [Member] \| Not Designated as Hedging Instrument [Member]
Other Financial Instrument
Foreign exchange contracts	$ 0	$ (645)

Employees Pension and Postretirement Benefits (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Defined Benefit Plan Disclosure [Line Items]

Assumptions used to determine obligation and cost status

		As at December 31,
		2012	2011
Discount rate		0.96%	1.43%
Lump sum interest rate:
	First 25 years	n/a	n/a
	First 20 years	2.67%	3.74%
	Thereafter	3.01%	3.70%
Cost of living adjustment on benefits		1.20%	1.20%
Rate of increase in qualifying compensation levels		0.00%	0.00%

Weighted average assumptions used to determine the benefit obligation and net postretirement benefit expense are:
	As at December 31,
	2012		2011		2010
Discount rate	4.00	%	4.50	%	5.00	%

SERP Benefits [Member]

Defined Benefit Plan Disclosure [Line Items]

Discount rate used in calculating benefit obligation

0.96%

1.43%

Lump sum interest rate - First 25 years

n/a

Lump sum interest rate - First 20 years

2.67%

3.74%

Lump sum interest rate - thereafter

3.01%

3.70%

Cost of living adjustment on benefits

1.20%

Rate of increase in qualifying compensation levels

0.00%

Amounts Accrued

Obligation, beginning of period

$ 20,366

$ 18,990

$ 18,108

Service cost

$ 448

Interest cost

200

272

279

351

Benefits paid

Actuarial (gain) loss

1,104

603

Obligation, end of period and unfunded status

20,366

18,990

18,108

Accrued benefits cost

20,366

18,990

18,108

$ 20,366

$ 18,990

$ 18,108

Accumulated other comprehensive income

3,367

2,628

Net amount recognized in the consolidated balance sheets

(16,999)

(16,362)

Net periodic benefit cost

Service cost

448

Interest cost

200

272

279

351

Amortization of prior service credit

Amortization of actuarial loss

365

214

Realized actuarial gain on partial settlement of pension liability

(385)

Net periodic benefit cost

$ 637

$ 493

$ 414

Components of net periodic benefit cost in future periods

Unrecognized actuarial loss

$ 3,367

$ 2,628

$ 2,239

Postretirement Benefits Executives [Member]

Defined Benefit Plan Disclosure [Line Items]

Assumptions used to determine obligation and cost status

Weighted average assumptions used to determine the benefit obligation are:
	As at December 31,
	2012		2011		2010
Discount rate	3.75	%	4.20	%	5.30	%

Weighted average assumptions used to determine the net postretirement benefit expense are:
	Years Ended December 31
	2012		2011		2010
Discount rate	4.50	%	4.50	%	4.50	%

Discount rate used in calculating benefit obligation

3.75%

4.20%

5.30%

Discount rate used in calculating net periodic benefit cost

4.50%

Amounts Accrued

Obligation, beginning of period

524

$ 502

$ 476

Interest cost

$ 26

Actuarial (gain) loss

Obligation, end of period and unfunded status

524

502

476

Accrued benefits cost

524

502

476

$ 524

$ 502

$ 476

Net periodic benefit cost

Interest cost

Amortization of actuarial loss

(6)

Net periodic benefit cost

$ 22

$ 26

$ 20

Postretirement Benefits Canadian Employees [Member]

Defined Benefit Plan Disclosure [Line Items]

Discount rate used in calculating benefit obligation

4.00%

4.50%

5.00%

Discount rate used in calculating net periodic benefit cost

4.00%

4.50%

5.00%

Amounts Accrued

Obligation, beginning of period

4,606

$ 4,052

$ 3,440

Service cost

231

195

$ 160

Interest cost

194

183

168

Actuarial (gain) loss

129

234

Obligation, end of period and unfunded status

4,606

4,052

3,440

Accrued benefits cost

$ 4,606

4,052

3,440

$ 4,606

$ 4,052

$ 3,440

Net periodic benefit cost

Service cost

231

195

160

Interest cost

194

183

168

Net periodic benefit cost

$ 425

$ 378

$ 328

Asset Retirement Obligations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Beginning balance, January 1	$ 230	$ 286	$ 267
Accretion expense	19	17	19
Reduction in asset retirement obligation due to lease renegotiation	0	(73)	0
Ending balance, December 31	$ 249	$ 230	$ 286

Summary of Significant Accounting Policies (Details 1)	12 Months Ended
Summary of Significant Accounting Policies (Details 1)	Dec. 31, 2012
Property, Plant and Equipment Policy (Textuals) [Abstract]
Effect of change in estimated useful life resulting from amending agreements signed	Costs of producing films, including labor, allocated overhead, capitalized interest, and costs of acquiring film rights are recorded as film assets and accounted for in accordance with Entertainment-Films Topic of the FASB ASC. Production financing provided by third parties that acquire substantive rights in the film is recorded as a reduction of the cost of the production. Film assets are amortized and participation costs are accrued using the individual-film-forecast method in the same ratio that current gross revenues bear to current and anticipated future ultimate revenues. Estimates of ultimate revenues are prepared on a title-by-title basis and reviewed regularly by management and revised where necessary to reflect the most current information. Ultimate revenues for films include estimates of revenue over a period not to exceed ten years following the date of initial release. Film exploitation costs, including advertising costs, are expensed as incurred. Costs, including labor and allocated overhead, of digitally re-mastering films where the copyright is owned by a third party and the Company shares in the revenue of the third party are included in film assets. These costs are amortized using the individual-film-forecast method in the same ratio that current gross revenues bear to current and anticipated future ultimate revenues from the re-mastered film. The recoverability of film assets is dependent upon commercial acceptance of the films. If events or circumstances indicate that the recoverable amount of a film asset is less than the unamortized film costs, the film asset is written down to its fair value. The Company determines the fair value of its film assets using a discounted cash flow model. In 2010, the Company adjusted the estimated useful life of its IMAX digital projection systems in use for those joint revenue sharing theaters, on a prospective basis, to reflect the change in term from 7 years to 10 years. This resulted in decreased depreciation expense of $1.0 million in 2010.
Leasehold Improvements [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant And Equipment, Useful Life, Maximum	over the shorter of the initial term of the underlying leases plus any reasonably assured renewal, and the useful life of the asset
Maximum [Member] \| Building [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant and Equipment, Useful Life	25 years
Maximum [Member] \| Equipment [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member] \| Theater System Components [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant and Equipment, Useful Life	20 years
Maximum [Member] \| Camera Equipment [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant and Equipment, Useful Life	10 years
Minimum [Member] \| Building [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant and Equipment, Useful Life	20 years
Minimum [Member] \| Equipment [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member] \| Theater System Components [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant and Equipment, Useful Life	7 years
Minimum [Member] \| Camera Equipment [Member]
Property, Plant and Equipment Policy (Textuals) [Abstract]
Property, Plant and Equipment, Useful Life	5 years

Summary of Significant Accounting Policies (Details 2)	12 Months Ended
Summary of Significant Accounting Policies (Details 2)	Dec. 31, 2012
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Useful Life	4 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Useful Life	10 years

Summary of Significant Accounting Policies (Details 3) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Cost of Sales Policy [Line Items]
Deferred direct selling cost	$ 2.7	$ 2.4	$ 1.9
Cost of Equipment and Product Sales prior to direct selling costs	$ 34.8	$ 36.3	$ 34.5

Summary of Significant Accounting Policies (Details 4) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Cost Of Rentals Policy [Line Items]
Commissions recognized as cost and expenses	$ 1.5	$ 2.3	$ 2.1
Direct advertising and marketing costs related to theater	$ 1.9	$ 3.2	$ 2.1

Summary of Significant Accounting Policies (Details 5) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Production and Imax Dmr [Member]
Film Exploitation Costs [Line Items]
Film exploitation costs, including advertising and marketing	$ 3.3	$ 3.8	$ 2.1
Distribution [Member]
Film Exploitation Costs [Line Items]
Film exploitation costs, including advertising and marketing	$ 1.5	$ 1.9	$ 0.7

Revision of Previously Issued Financial Statements (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Prior Period Adjustment To Financial Statements (Textuals) [Abstract]
Revision of Previously Issued Financial Statements Description	During the fourth quarter review of the Company’s existing benefit packages, the Company determined that Canadian employees, upon meeting certain eligibility requirements, are entitled to postretirement health and welfare benefits for which the obligation had not been included in the prior financial statements as required under ASC Topic 715 “Compensation – Retirement Benefits”. The Company understated accrued and other liabilities and overstated shareholders’ equity as at December 31, 2011 by $4.1 million and $3.0 million, respectively. In accordance with the relevant guidance, management assessed the materiality of the error and concluded that the errors were not material to any previously issued financial statements. The Company has revised its previously issued audited consolidated financial statements, as applicable.
Understatement of accrued and other liabilities at December 31, 2011		$ 4.1
Overstatement of shareholders' equity at December 31, 2011		$ 3.0
Net impact of revision adjustments to shareholders' equity (deficiency)			$ 2.6	$ 2.9

Property Plant and Equipment (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Property, Plant and Equipment (Textuals) [Abstract]
Equipment leased or held for use, Gross	$ 8,100	$ 18,400
Accumulated Depreciation, equipment leased or held for use	7,300	17,800
Theater system components wrote off in the period	10,600
Assets under joint revenue sharing arrangements included in Theater system components	118,500	100,200
Accumulated Depreciation , Assets under joint revenue sharing arrangements included in Theater system components	29,200	19,100
Assets under joint revenue sharing arrangements included in Assets under construction	4,100	$ 3,700
Camera equipment wrote off in the period	$ 1,900

Credit Facility (Details 1) $ in Thousands	Dec. 31, 2012 USD ($)
Term loan principal payments
2013	$ 0
2014	0
2015	11,000
2016	0
2017	0
Thereafter	0
Debt under revolving credit facility	$ 11,000

Consolidated Statements of Cash Flows Supplemental Information (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of Depreciation and amortization
Film assets (1)	$ 15,515	$ 12,934	$ 10,900
Property, plant and equipment
Joint revenue sharing arrangements	10,125	7,098	5,315
Other property, plant and equipment	4,440	3,992	3,525
Other intangible assets	2,006	465	448
Other assets	532	286	7
Deferred financing costs	170	388	341
Depreciation and amortization	$ 32,788	$ 25,163	$ 20,536

- Definition

The other noncash expense, not otherwise specified in the taxonomy, charged against earnings in the period to allocate the cost of tangible and intangible assets over their remaining economic lives.

+ References + Details

Consolidated Statements of Cash Flows Supplemental Information (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Asset impairments
Property, plant and equipment	$ 0	$ 28	$ 45
Other charges
Accounts receivable	606	333	499
Financing receivables	(82)	1,237	944
Inventories (1)	898	0	999
Impairment of available-for-sale investment	150
Property, plant and equipment (2)	18	356	0
Other intangible assets	11	0	64
Other Asset Impairment Charges	6	0	0
Write-downs, net of recoveries	$ 1,607	$ 1,954	$ 2,551

Consolidated Statements of Cash Flows Supplemental Information (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Consolidated Statements of Cash Flows Supplemental Information (Textuals) [Abstract]
Payments for variable stock based compensation	$ 300	$ 23,700	$ 14,500
Lump sum payment under the SERP plan			$ 14,700
Charge recorded in film asset amortization relating to changes in estimates based on ultimate recoverability of future films (text)			less than 0.1 million
Charge recorded in film asset amortization relating to changes in estimates based on ultimate recoverability of future films	100	500
Inventory (Recoveries) Charges
Recorded in costs and expenses applicable to revenues - product and equipment sales	795	0	$ 827
Recorded in costs and expenses applicable to revenues - services	103	0	172
Total	898	0	999
Film Based Projector [Member]
Inventory (Recoveries) Charges
Total	$ 898	$ 0	$ 999

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 1) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Current income tax (provision) recovery [Abstract]
Canada	$ 370
Foreign	(15)
Current income tax (provision) recovery, Total	355
Deferred income tax (provision) recovery [Abstract]
Canada	14,441
Foreign	283
Deferred income tax (provision) recovery, Total	14,724
Recovery (provision) for incomes taxes, as reported	$ 15,079
As Revised
Current income tax (provision) recovery [Abstract]
Canada		$ 1,174	$ 1,026
Foreign		125	1,465
Current income tax (provision) recovery, Total		1,299	2,491
Deferred income tax (provision) recovery [Abstract]
Canada		8,586	(50,401)
Foreign		(592)	(4,664)
Deferred income tax (provision) recovery, Total		7,994	(55,065)
Recovery (provision) for incomes taxes, as reported		$ 9,293	$ (52,574)

Income Taxes (Details 2) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 2) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Income tax (provision) recovery at combined statutory rates	$ (15,311)
Non-deductible stock based compensation	(3,166)
Other non-deductible/non-includable items	12
(Increase) decrease in valuation allowance relating to current year temporary differences	(93)
Change in valuation allowance relating to reversal of future temporary differences	0	$ 0
Tax effect of pension settlement and postretirement plan reclassified from other comprehensive income	0
Withholding and other taxes	1,095
Changes to tax reserves	833
US federal and state taxes	(45)
Income tax at different rates in foreign and other provincial jurisdictions	56
Impact of changes in future enacted tax rates on current year temporary differences	0
Carryforward of investment and other tax credits (non-refundable)	(2,463)
Effect of changes in legislation relating to enacted tax rate increases	494
Changes to deferred tax assets and liabilities resulting from audit and other tax return adjustments	(483)
Expiration of losses and credits carried forward	0
Tax effect of loss from equity-accounted investments	463
Other	(151)
Recovery (provision) for incomes taxes, as reported	$ 15,079
As Revised
Income tax (provision) recovery at combined statutory rates		(7,442)	$ (15,241)
Non-deductible stock based compensation		(2,752)	(1,713)
Other non-deductible/non-includable items		(246)	420
(Increase) decrease in valuation allowance relating to current year temporary differences		1,264	12,708
Change in valuation allowance relating to reversal of future temporary differences		0	55,512
Tax effect of pension settlement and postretirement plan reclassified from other comprehensive income		0	(528)
Withholding and other taxes		895	1,041
Changes to tax reserves		99	13
US federal and state taxes		345	1,465
Income tax at different rates in foreign and other provincial jurisdictions		916	394
Impact of changes in future enacted tax rates on current year temporary differences		521	(4,444)
Carryforward of investment and other tax credits (non-refundable)		(1,526)	(1,642)
Effect of changes in legislation relating to enacted tax rate increases		0	0
Changes to deferred tax assets and liabilities resulting from audit and other tax return adjustments		(226)	(14)
Expiration of losses and credits carried forward		0	1,558
Tax effect of loss from equity-accounted investments		642	168
Other		67	(407)
Recovery (provision) for incomes taxes, as reported		$ 9,293	$ (52,574)

Income Taxes (Details 3) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Net operating loss carryforwards	$ 15,475
Write-downs of other assets	690
Investment tax credits and other tax credit carryforwards	6,101
Excess tax over accounting basis in property, plant and equipment and inventories	14,020
Accrued pension liability	6,615
Other accrued reserves	2,340
Total deferred income tax assets	45,241
Income recognition on net investment in leases	2,667
Other	0
Total deferred income tax assets, before valuation allowance	42,574
Valuation allowance	6,113
Net deferred income tax asset	$ 36,461
As Revised
Net operating loss carryforwards		$ 16,787
Write-downs of other assets		712
Investment tax credits and other tax credit carryforwards		5,192
Excess tax over accounting basis in property, plant and equipment and inventories		29,897
Accrued pension liability		5,813
Other accrued reserves		2,706
Total deferred income tax assets		61,107
Income recognition on net investment in leases		4,022
Other		(15)
Total deferred income tax assets, before valuation allowance		57,100
Valuation allowance		6,054
Net deferred income tax asset		$ 51,046

Income Taxes (Details 4) $ in Thousands	12 Months Ended
Income Taxes (Details 4) $ in Thousands	Dec. 31, 2012 USD ($)
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards	$ 51,485
Investment Tax Credits and Other Tax Credit Carryforwards	7,914
Domestic Country [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards	14,800
In One Year [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards By Expiration Dates	0
Investment Tax Credits and Other Tax Credit Carryforward By Expiration Dates	17
In Two Years [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards By Expiration Dates	11
Investment Tax Credits and Other Tax Credit Carryforward By Expiration Dates	0
In Three Years [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards By Expiration Dates	20
Investment Tax Credits and Other Tax Credit Carryforward By Expiration Dates	0
In Four Years [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards By Expiration Dates	0
Investment Tax Credits and Other Tax Credit Carryforward By Expiration Dates	0
In Five Years [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards By Expiration Dates	0
Investment Tax Credits and Other Tax Credit Carryforward By Expiration Dates	0
Thereafter [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards By Expiration Dates	51,454
Investment Tax Credits and Other Tax Credit Carryforward By Expiration Dates	$ 7,897

Income Taxes (Details 5) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 5) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation of beginning and ending amount of unrecognized tax benefits (excluding interest and penalties)
Balance at beginning of the year	$ 3,119	$ 3,219	$ 3,237
Additions based on tax positions related to the current year	392	404	410
Additions for tax positions of prior years	0	16	0
Reductions for tax positions of prior years	(77)	0	(10)
Reductions resulting from settlements	(38)	0	0
Reductions resulting from lapse of applicable statute of limitations	(1,110)	(520)	(418)
Balance at December 31, 2012	$ 2,286	$ 3,119	$ 3,219

Income Taxes (Details 6) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details 6) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Amortization of actuarial loss on defined benefit plan	$ (91)
Unrecognized actuarial loss on defined benefit plan	285
Realization of actuarial gain on settlement of defined pension liability	0
Unrecognized actuarial loss on postretirement benefit plan	33
Other-than-temporary impairment of available-for-sale investment	(19)
Change in market value of available-for-sale investment	(42)
Unrealized change in cash flow hedging instruments	(185)
Realized change in cash flow hedging instruments upon settlement	62
Income tax effect on comprehensive loss	$ (43)
As Revised
Amortization of actuarial loss on defined benefit plan		$ (53)	$ 0
Unrecognized actuarial loss on defined benefit plan		145	661
Realization of actuarial gain on settlement of defined pension liability		0	517
Unrecognized actuarial loss on postretirement benefit plan		58	71
Other-than-temporary impairment of available-for-sale investment		0	0
Change in market value of available-for-sale investment		61	0
Unrealized change in cash flow hedging instruments		45	(182)
Realized change in cash flow hedging instruments upon settlement		190	0
Income tax effect on comprehensive loss		$ (446)	$ (1,067)

Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards	$ 51,485
Disclosure relating to adoption of FIN 48 [Abstract]
Tax Adjustments, Settlements, and Unusual Provisions	2,100
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 2,800	$ 4,400
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense [Abstract]
Interest and penalty associated with unrecognized tax benefits		$ 100
Interest and penalty associated with unrecognized tax benefits	$0.8 million	$	$nil
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 900
Deferred tax provision for items reclassed from other comprehensive income	less than $0.1
Tax effect of pension settlement reclassed from other comprehensive income	$ 0
Increase (release) of valuation allowance	$ 100	$ (1,900)
Footnote disclosure - Deferred income tax (provision) recovery [Abstract]
Change in valuation allowance relating to reversal of future temporary differences	less than $0.1
Change in valuation allowance relating to reversal of future temporary differences	$ 0	0
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance Relating To Current Year Temporary Differences	(93)
Change of valuation allowance recorded to share capital	$ 23
Change of valuation allowance recorded to share capital	less than $0.1
Deferred tax provision for items reclassed from other comprehensive income	less than $0.1
Deferred Tax Assets, Net [Abstract]
Deferred Tax Liabilities, Other	$ 400
Valuation Allowance [Abstract]
Valuation allowance	6,113
Operating Loss Carryforwards, Valuation Allowance	$ 5,100
Deferred tax provision for items reclassed from other comprehensive income	less than $0.1
Increase (release) of valuation allowance	$ 100	(1,900)
Change of valuation allowance recorded to share capital	23
Change in valuation allowance relating to reversal of future temporary differences	0	0
As Revised
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense [Abstract]
Tax effect of pension settlement reclassed from other comprehensive income		0	$ 517
Footnote disclosure - Deferred income tax (provision) recovery [Abstract]
Change in valuation allowance relating to reversal of future temporary differences		0	55,512
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance Relating To Current Year Temporary Differences		1,264	12,708
Change of valuation allowance recorded to share capital		611
Valuation Allowance [Abstract]
Valuation allowance		6,054
Change of valuation allowance recorded to share capital		611
Change in valuation allowance relating to reversal of future temporary differences		$ 0	$ 55,512
Domestic Country [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards	$ 14,800

Capital Stock (Details 1) - $ / shares	12 Months Ended
Capital Stock (Details 1) - $ / shares	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Option activity under the Stock Option Plan
Exercised	(1,429,685)	(907,167)	(1,313,599)
Employee Stock Option [Member]
Option activity under the Stock Option Plan
Options outstanding, beginning of year	7,200,721	6,743,272	6,173,795
Options outstanding, per share beginning of year	$ 14.60	$ 10.79	$ 6.52
Options granted	1,833,485	1,547,342	2,001,703
Weighted average fair value of options granted	$ 24.59	$ 28.11	$ 21.72
Exercised	1,429,685	907,167	1,313,599
Weighted average fair value of options exercised	$ 6.24	$ 8.67	$ 6.30
Forfeited	154,958	182,726	23,825
Weighted average fair value of options forfeited	$ 23.03	$ 18.00	$ 8.35
Expired	0	0	94,802
Weighted average fair value of options expired	$ 0.00	$ 0.00	$ 26.08
Cancelled	8,495	0	0
Weighted average fair value of options cancelled	$ 22.07	$ 0.00	$ 0.00
Options outstanding, end of period	7,441,068	7,200,721	6,743,272
Options outstanding, per share end of period	$ 18.48	$ 14.60	$ 10.79
Options exercisable, end of period	3,480,160	3,467,242	3,090,755
Options exercisable, weighted average exercise price	$ 14.50	$ 9.51	$ 5.64
Employee Stock Option China Incentive Plan [Member]
Option activity under the Stock Option Plan
Options granted	146,623
Options outstanding, end of period	146,623
Options outstanding, per share end of period	$ 22.39

Capital Stock (Details 2) - Options Non Employees [Member]	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Options to Non-Employees
Average risk-free interest rate	1.28%	2.38%	2.09%
Dividend yield	0.00%	0.00%	0.00%
Maximum [Member]
Options to Non-Employees
Contractual option life (in years)	7 years	6 years	6 years 3 months
Expected volatility	50.00%	50.00%	61.00%
Minimum [Member]
Options to Non-Employees
Contractual option life (in years)	7 years	6 years	1 year 8 months 12 days
Expected volatility	50.00%	50.00%	50.00%

Capital Stock (Details 3) - Stock Appreciation Rights [Member]	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Fair value measurement of stock appreciation rights
Average risk-free interest rate	0.72%	1.09%
Dividend yield	0.00%	0.00%
Maximum [Member]
Fair value measurement of stock appreciation rights
Expected option life (in years)	2 years 2 months 1 day	3 years 5 months 16 days
Expected volatility	50.00%	50.00%
Annual termination probability	8.52%	8.76%
Minimum [Member]
Fair value measurement of stock appreciation rights
Expected option life (in years)	2 years 2 months 1 day	3 years 2 months 5 days
Expected volatility	50.00%	50.00%
Annual termination probability	8.52%	8.76%

Capital Stock (Details 4) - USD ($) $ in Thousands	12 Months Ended
Capital Stock (Details 4) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Net income (loss) from operations applicable to common shareholders	$ 41,337
Weighted average number of common shares (000's):
Issued and outstanding, beginning of period	66,482,425	65,052,740	64,145,573	62,831,974
Weighted average number of shares issued during the period	801,366.041666667	358,290.541666667	743,498.708333333
Weighted average number of shares used in computing basic income per share	65,854,106.0416667	64,503,863.5416667	63,575,472.7083333
Assumed exercise of stock options, net of shares assumed	2,078,893	3,354,992	3,108,130
Weighted average number of shares used in computing diluted income (loss) per share	67,932,999.0416667	67,858,855.5416667	66,683,602.7083333
As Revised
Net income (loss) from operations applicable to common shareholders		$ 15,260	$ 101,240

- Definition

Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.13)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 18
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4613673-111683

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph b(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References + Details

- Definition

This element represents the weighted average total number of shares issued throughout the period including the first (beginning balance outstanding) and last (ending balance outstanding) day of the period before considering any reductions (for instance, shares held in treasury) to arrive at the weighted average number of shares outstanding. Weighted average relates to the portion of time within a reporting period that common shares have been issued and outstanding to the total time in that period. Such concept is used in determining the weighted average number of shares outstanding for purposes of calculating earnings per share (basic).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e2646-109256

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Capital Stock (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
Capital Stock (Details Textual) - USD ($)	Dec. 31, 2007	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Jul. 12, 2000
Cash proceeds from the issuance of common shares pursuant to exercise of stock options		$ 8,900,000	$ 7,900,000	$ 8,300,000
Common shares issued pursuant to exercise of stock options		1,429,685	907,167	1,313,599
Capital Stock (Textuals) [Abstract]
Number of stock-based compensation plans of the Company		5
Share-based compensation costs (recovery) recorded		$ 13,100,000	$ 11,900,000	$ 27,700,000
Warrants issued or outstanding		0	0
Employee Stock Option [Member]
Common shares issued pursuant to exercise of stock options		(1,429,685)	(907,167)	(1,313,599)
Capital Stock (Textuals) [Abstract]
Share-based compensation costs (recovery) recorded		$ 12,400,000	$ 9,400,000	$ 4,100,000
Employee Stock-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized		$ 20,600,000	$ 19,900,000	$ 18,000,000
Employee Stock-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition		3 years 7 months 6 days	3 years 1 month 6 days	2 years 8 months 12 days
Reserved common shares for future issuance		13,296,485	13,010,548
Options outstanding		7,441,068	7,200,721	6,743,272	6,173,795
Options outstanding, weighted average exercise price		$ 18.48	$ 14.60	$ 10.79	$ 6.52
Options fully vested or expected to vest, weighted average exercise price		$ 17.89
Options common shares were vested and exercisable		3,480,160
Options fully vested, expected		6,354,481
Options fully vested or expected to vest, weighted average remaining contractual life		4 years 9 months 18 days
Options fully vested or expected to vest, aggregate intrinsic value		$ 44,000,000
Weighted average remaining contractual life of exercisable option		4 years 6 months
Options exercisable intrinsic value		$ 34,300,000
Intrinsic value of options exercised		$ 23,400,000	$ 16,400,000	$ 15,000,000
Options granted		1,833,485	1,547,342	2,001,703
Options exercisable		3,480,160	3,467,242	3,090,755
Options exercisable, weighted average exercise price		$ 14.50	$ 9.51	$ 5.64
Weighted average fair value of options granted		$ 7.45	$ 9.07	$ 8.01
Options cancelled		(8,495)	0	0
Stock appreciation rights forfeited, cancelled or expired		(154,958)	(182,726)	(23,825)
Options Non Employees [Member]
Capital Stock (Textuals) [Abstract]
Share-based compensation costs (recovery) recorded		$ 100,000	$ 900,000	$ 1,800,000
Options outstanding		120,001	142,251	132,168
Options outstanding, weighted average exercise price		$ 14.14	$ 12.93	$ 13.53
Options fully vested or expected to vest, aggregate intrinsic value		$ 400,000	$ 300,000	$ 100,000
Options granted		12,500	103,944	135,217
Options granted to purchase the company's common stock, average exercise price		$ 22.82	$ 27.64	$ 15.92
Number of options modified in the period			15,000
Options exercisable		35,717	50,500	4,500
Options exercisable, weighted average exercise price		$ 11.57	$ 11.50	$ 14.60
Weighted average fair value of options granted		$ 11.73	$ 13.75	$ 12.71
Amount of stock options or rights included in accrued liabilities		$ 100,000	$ 100,000
Restricted Stock [Member]
Capital Stock (Textuals) [Abstract]
Share-based compensation costs (recovery) recorded			0	$ 2,000,000
Restricted common shares required to be issued under employment agreements						160,000
Cash paid in settlement				4,200,000
Stock Appreciation Rights [Member]
Capital Stock (Textuals) [Abstract]
Share-based compensation costs (recovery) recorded		$ 600,000	1,600,000	$ 19,800,000
Options fully vested or expected to vest, weighted average remaining contractual life		5 years
Amount of stock options or rights included in accrued liabilities		$ 1,900,000	1,600,000
Cash paid in settlement		$ 300,000	$ 23,700,000
Number SARs outstanding		118,000
Number of rights settled in cash		15,000	999,500
Stock appreciation rights granted	2,280,000	0	0
Average exercise price of cash settled rights		$ 6.86	$ 6.86
Number of SARs exercisable		118,000
Stock appreciation rights forfeited, cancelled or expired		0	0
Fair value of SARs outstanding	$ 6.20	$ 16.23	$ 12.43
Employee Stock Option China Incentive Plan [Member]
Capital Stock (Textuals) [Abstract]
Employee Stock-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition		5 years
Options outstanding		146,623
Options outstanding, weighted average exercise price		$ 22.39
Stock based awards expiration period or remaining contractual life		Oct. 29, 2019
Options fully vested or expected to vest, weighted average remaining contractual life		7 years
Options granted		146,623
Options granted to purchase the company's common stock, average exercise price		$ 22.39
Common share options subject to vesting based on performance commitment		146,623
Common share options subject to vesting based on performance commitment value		$ 2,700,000
Weighted average fair value of options granted		$ 6.96
Share-based compensation costs charged for the period Text		Less than $0.1 million
Fair Value of Options Outstanding		$ 1,600,000
Maximum [Member] \| Employee Stock Option [Member]
Capital Stock (Textuals) [Abstract]
Stock based awards vesting period		5 years
Stock based awards expiration period or remaining contractual life		Oct. 29, 2019
Maximum [Member] \| Options Non Employees [Member]
Capital Stock (Textuals) [Abstract]
Stock based awards vesting period		5 years
Stock based awards expiration period or remaining contractual life		May 14, 2019
Maximum [Member] \| Stock Appreciation Rights [Member]
Capital Stock (Textuals) [Abstract]
Stock based awards vesting period		5 years
Maximum [Member] \| Employee Stock Option China Incentive Plan [Member]
Capital Stock (Textuals) [Abstract]
Stock based awards vesting period		5 years
Minimum [Member] \| Employee Stock Option [Member]
Capital Stock (Textuals) [Abstract]
Stock based awards vesting period		1 year
Stock based awards expiration period or remaining contractual life		Jan. 01, 2013
Minimum [Member] \| Options Non Employees [Member]
Capital Stock (Textuals) [Abstract]
Stock based awards vesting period		1 year
Stock based awards expiration period or remaining contractual life		Jan. 01, 2013
Minimum [Member] \| Stock Appreciation Rights [Member]
Capital Stock (Textuals) [Abstract]
Stock based awards vesting period		0 years
Minimum [Member] \| Employee Stock Option China Incentive Plan [Member]
Capital Stock (Textuals) [Abstract]
Stock based awards vesting period		0 years

Segmented Information (Details 1) - USD ($) $ in Thousands	12 Months Ended
Segmented Information (Details 1) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 284,290	$ 236,556	$ 248,614
Geographical Information - Revenue
Total	$ 284,290	$ 236,556	248,614
Geographical Information - Property, plant and equipment
Geographical Information, Total	113,610	101,253
United States [Member]
Geographical Information - Revenue
Geographical Information, Domestic	$ 128,082	$ 110,124	142,899
Geographical Information - Property, plant and equipment
Geographical Information, Domestic	55,658	54,133
Canada [Member]
Geographical Information - Revenue
Geographical Information, foreign	19,109	21,232	9,204
Geographical Information - Property, plant and equipment
Geographical Information, Domestic	21,779	19,004
Greater China [Member]
Geographical Information - Revenue
Geographical Information, Domestic	44,922	33,265	21,680
Geographical Information - Property, plant and equipment
Geographical Information, Foreign	24,764	16,785
Western Europe [Member]
Geographical Information - Revenue
Geographical Information, foreign	26,309	18,895	24,011
Geographical Information - Property, plant and equipment
Geographical Information, Foreign	3,556	3,945
Asia excluding Greater China [Member]
Geographical Information - Revenue
Geographical Information, foreign	28,899	22,186	19,646
Geographical Information - Property, plant and equipment
Geographical Information, Foreign	7,134	6,486
Russia and the CIS [Member]
Geographical Information - Revenue
Geographical Information, foreign	20,130	16,157	17,099
Geographical Information - Property, plant and equipment
Geographical Information, Foreign	0	0
Latin America [Member]
Geographical Information - Revenue
Geographical Information, foreign	9,419	6,051	5,221
Rest of world [Member]
Geographical Information - Revenue
Geographical Information, foreign	7,420	8,646	$ 8,854
Geographical Information - Property, plant and equipment
Geographical Information, Foreign	$ 719	$ 900

Segmented Information (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segmented Information [Abstract]
Description of products and services from which each reportable segment derives its revenues	The IMAX systems segment designs, manufactures, sells or leases IMAX theater projection system equipment. The theater system maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network. The joint revenue sharing arrangements segment provides IMAX theater projection system equipment to an exhibitor in exchange for a share of the box-office and concession revenues. The film production and IMAX DMR segment produces films and performs film re-mastering services. The film distribution segment distributes films for which the Company has distribution rights. The film post-production segment provides film post-production and film print services. The Company refers to all theaters using the IMAX theater system as “IMAX theaters.” The other segment includes certain IMAX theaters that the Company owns and operates, camera rentals and other miscellaneous items.
Description of the sources of revenue included in the Other segment	The Company refers to all theaters using the IMAX theater system as “IMAX theaters.” The other segment includes certain IMAX theaters that the Company owns and operates, camera rentals and other miscellaneous items.
Description of the basis of accounting for transactions between reportable segments	The accounting policies of the segments are the same as those described in note 2.
Segment Reporting Information [Line Items]
Commission Costs	$ 2,700	$ 2,400	$ 1,900
Inventory (Recovery) Write-downs	$ 898	$ 0	$ 999
The impact of a change in estimated useful life on 2010 JRSA gross margin	(3) In 2010, the Company adjusted the estimated useful life of its IMAX digital projection systems in use for those joint revenue sharing theaters, on a prospective basis, to reflect the change in term from 7 years to 10 years. This resulted in decreased depreciation expense of $1.0 million in 2010.
Disclosure on Geographic Areas, Description of Revenue from External Customers	No single country in the Rest of the World, Western Europe or Asia (excluding Greater China) classifications comprise more than 5% of total revenue.
Percentage of total revenues represented by two largest customers	15.9%	17.4%	17.3%
Imax Systems [Member]
Segment Reporting Information [Line Items]
Commission Costs	$ 2,700	$ 2,400	$ 1,900
Inventory (Recovery) Write-downs	795	0	827
Theater System Maintenance [Member]
Segment Reporting Information [Line Items]
Inventory (Recovery) Write-downs	103	0	172
Joint Revenue Sharing Arrangements [Member]
Segment Reporting Information [Line Items]
Advertising, marketing and commission costs	3,400	5,400	4,200
Production and Imax Dmr [Member]
Segment Reporting Information [Line Items]
Marketing Expense	3,300	3,800	2,100
Distribution [Member]
Segment Reporting Information [Line Items]
Marketing Expense	$ 1,500	$ 1,900	$ 700

Employees Pension and Postretirement Benefits (Details 1) $ in Thousands	Dec. 31, 2012 USD ($)
SERP Benefits [Member]
Schedule of expected benefit payments
2013	$ 0
2014	(21,058)
2015	0
2016	0
2017	0
Thereafter	0
Total expected future benefit payment	21,058
Postretirement Benefits Executives [Member]
Schedule of expected benefit payments
2013	(18)
2014	(19)
2015	(21)
2016	(44)
2017	(30)
Thereafter	(392)
Total expected future benefit payment	524
Postretirement Benefits Canadian Employees [Member]
Schedule of expected benefit payments
2013	(65)
2014	(60)
2015	(67)
2016	(84)
2017	(98)
Thereafter	(4,232)
Total expected future benefit payment	$ 4,606

Employees Pension and Postretirement Benefits (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Aug. 01, 2010	Jul. 31, 2000
Pension and Other Postretirement Benefit Expense (Textuals) [Abstract]
Lump sum payment under the SERP plan				$ 14,700
Cash surrender value of life insurance		$ 0
Employees Pension and Postretirement Benefits (Additional Textuals) [Abstract]
Defined benefit pension plan		The Company has an unfunded U.S. defined benefit pension plan, the SERP, covering Richard L. Gelfond, Chief Executive Officer (“CEO”) of the Company and Bradley J. Wechsler, Chairman of the Company’s Board of Directors. The SERP provides for a lifetime retirement benefit from age 55 determined as 75% of the member’s best average 60 consecutive months of earnings over the member’s employment history. The benefits were 50% vested as at July 2000, the SERP initiation date. The vesting percentage increases on a straight-line basis from inception until age 55. As at December 31, 2010, the benefits of Mr. Gelfond were 100% vested. Upon a termination for cause, prior to a change of control, the executive shall forfeit any and all benefits to which such executive may have been entitled, whether or not vested.
Defined contribution pension plans for employees		The Company also maintains defined contribution pension plans for its employees, including its executive officers. The Company makes contributions to these plans on behalf of employees in an amount up to 5% of their base salary subject to certain prescribed maximums.
Percentage of benefits vested since plan inception date						50.00%
Maximum percentage of base salary contributed to Pension Plan by Company		5.00%
Termination Benefit Vested				100.00%
Canadian postretirement plan subsequent event		In February 2013, the Company amended the Canadian postretirement plan to reduce future benefits provided under the plan. As a result of this change, the Company anticipates the postretirement liability to be reduced by $2.7 million, resulting in a pre-tax curtailment gain in the first quarter of 2013 of approximately $2.4 million.
Canadian postretirement plan expected reduction in liability		$ 2,700
Canadian postretirement plan expected curtailment gain		2,400
SERP Benefits [Member]
Pension and Other Postretirement Benefit Expense (Textuals) [Abstract]
Accumulated benefit obligation for the SERP		20,400	$ 19,000
Amortization of actuarial losses	$ 400
Amortization of prior service credit		0	0	$ 0
Interest cost	$ 200	272	279	351
Postretirement benefits obligation		20,366	18,990	18,108
Companies contribution and expenses		0
SERP Benefits [Member] \| Board of Directors Chairman [Member]
Pension and Other Postretirement Benefit Expense (Textuals) [Abstract]
Lump sum payment under the SERP plan					$ 14,700
Postretirement Benefits Executives [Member]
Pension and Other Postretirement Benefit Expense (Textuals) [Abstract]
Interest cost		13	26	26
Postretirement benefits obligation		524	502	476
Postretirement Benefits Canadian Employees [Member]
Pension and Other Postretirement Benefit Expense (Textuals) [Abstract]
Interest cost		194	183	168
Postretirement benefits obligation		4,606	4,052	3,440
Canadian Plan [Member]
Pension and Other Postretirement Benefit Expense (Textuals) [Abstract]
Companies contribution and expenses		1,137	1,000	900
Us Internal Revenue Code [Member]
Pension and Other Postretirement Benefit Expense (Textuals) [Abstract]
Companies contribution and expenses		$ 338	$ 200	$ 200

Financial Instruments (Details 1) - USD ($) $ in Thousands	12 Months Ended
Financial Instruments (Details 1) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Summary of changes in the fair value
Beginning balance, January 1, 2012	$ 1,012	$ 1,500
Transfers into/out of Level 3	$ 0	0
Total gains or losses (realized/unrealized) included in earnings	In the year ended December 31, 2012, the Company recognized a $0.2 million other-than-temporary impairment of its available-for-sale investment, in “Impairment of available-for-sale investment” in the consolidated statement of operations, as the value is not expected to recover based on the length of time and extent to which the market value has been less than cost.
Total gains or losses (realized/unrealized) included in earnings	$ 0	0
Total gains or losses (realized/unrealized) Included in other comprehensive income	338	(488)
Purchases, issuances, sales and settlements	0	0
Ending balance, December 31, 2012	1,350	1,012
The amount of total gains or losses for the period included in earnings attributable change in to the unrealized gains or losses relating to assets still held at the reporting date	$ (150)	$ 0

Financial Instruments (Details 2) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Recorded investment in financing receivables by credit quality indicator
Minimum Lease Payments	$ 14,175	$ 21,247
Financed Sales Receivables	81,214	67,616
Total	95,389	88,863
In Good Standing [Member]
Recorded investment in financing receivables by credit quality indicator
Minimum Lease Payments	11,508	15,667
Financed Sales Receivables	69,310	55,907
Total	80,818	71,574
Pre-Approved Transactions [Member]
Recorded investment in financing receivables by credit quality indicator
Minimum Lease Payments	467	1,837
Financed Sales Receivables	293	7,272
Total	760	9,109
Transactions Suspended [Member]
Recorded investment in financing receivables by credit quality indicator
Minimum Lease Payments	2,200	2,237
Financed Sales Receivables	681	719
Total	2,881	2,956
Credit Watch [Member]
Recorded investment in financing receivables by credit quality indicator
Minimum Lease Payments	0	1,506
Financed Sales Receivables	10,930	3,718
Total	$ 10,930	$ 5,224

Financial Instruments (Details 3) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Investment In Financing Receivables On Nonaccrual Status
Net investment in leases recorded investment	$ 2,666	$ 4,692
Net investment in leases related allowance	(1,130)	(1,833)
Net financed sales receivables recorded investment	1,322	1,329
Net financed sales receivables related allowance	(66)	(316)
Total recorded investment	3,988	6,021
Total related allowance	$ (1,196)	$ (2,149)

Financial Instruments (Details 4) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 1,207	$ 1,073
30-89 Days	872	854
90+ Days	2,507	2,783
Billed Financing Receivables	4,586	4,710
Related Unbilled Recorded Investment	90,803	84,152
Total Recorded Investment	95,389	88,863
Related Allowances	(1,196)	(2,149)
Recorded Investment Net of Allowances	94,193	86,714
Financed Sales Receivables [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,063	723
30-89 Days	670	593
90+ Days	1,267	1,029
Billed Financing Receivables	3,000	2,345
Related Unbilled Recorded Investment	78,214	65,270
Total Recorded Investment	81,214	67,616
Related Allowances	(66)	(316)
Recorded Investment Net of Allowances	81,148	67,300
Finance Leases Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	144	350
30-89 Days	202	261
90+ Days	1,240	1,754
Billed Financing Receivables	1,586	2,365
Related Unbilled Recorded Investment	12,589	18,882
Total Recorded Investment	14,175	21,247
Related Allowances	(1,130)	(1,833)
Recorded Investment Net of Allowances	13,045	19,414
Financing Receivables Continue To Accrue Finance Income [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	234	269
30-89 Days	441	463
90+ Days	887	818
Billed Financing Receivables	1,562	1,550
Related Unbilled Recorded Investment	17,622	20,109
Related Allowances	0	0
Recorded Investment Net of Allowances	19,184	21,659
Financing Receivables Continue To Accrue Finance Income [Member] \| Financed Sales Receivables [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	223	202
30-89 Days	382	345
90+ Days	864	674
Billed Financing Receivables	1,469	1,221
Related Unbilled Recorded Investment	16,173	16,343
Related Allowances	0	0
Recorded Investment Net of Allowances	17,642	17,564
Financing Receivables Continue To Accrue Finance Income [Member] \| Finance Leases Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	11	67
30-89 Days	59	118
90+ Days	23	144
Billed Financing Receivables	93	329
Related Unbilled Recorded Investment	1,449	3,766
Related Allowances	0	0
Recorded Investment Net of Allowances	$ 1,542	$ 4,095

Financial Instruments (Details 5) - USD ($) $ in Thousands	12 Months Ended
Financial Instruments (Details 5) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Financing Receivable, Impaired [Line Items]
Related Allowance	$ 66	$ 316
Recorded Investment	564	927
Unpaid Principal	233	402
Average Recorded Investment	680	972
Interest Income Recognized	22	0
Financed Sales Receivables [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment (Allowance)	187	927
Unpaid Principal (Allowance)	220	402
Related Allowance	(66)	(316)
Average Recorded Investment (Allowance)	201	972
Interest Income Recognized (Allowance)	0	$ 0
Recorded Investment (No Related Allowance)	377
Unpaid Principal (No Related Allowance)	13
Average Recorded Investment (No Related Allowance)	479
Interest Income Recognized (No Related Allowance)	$ 22

Financial Instruments (Detail 6) - USD ($) $ in Thousands	12 Months Ended
Financial Instruments (Detail 6) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Allowance for credit losses:
Beginning balance	$ 2,149
Receivable provisions, net of recoveries (note 17)	524	$ 1,570	$ 1,443
Ending balance	1,196	2,149
Financed Sales Receivables [Member]
Allowance for credit losses:
Beginning balance	316	66
Charge-offs	(109)	0
Receivable provisions, net of recoveries (note 17)	(141)	250
Ending balance	66	316	66
Ending balance: individually evaluated for impairment	66	316
Financing receivables:
Ending balance: individually evaluated for impairment	81,215	67,616
Finance Leases Financing Receivable [Member]
Allowance for credit losses:
Beginning balance	1,833	4,838
Charge-offs	(1,019)	(4,526)
Receivable provisions, net of recoveries (note 17)	316	1,521
Ending balance	1,130	1,833	$ 4,838
Ending balance: individually evaluated for impairment	1,130	1,833
Financing receivables:
Ending balance: individually evaluated for impairment	$ 14,174	$ 21,247

- Definition

+ References + Details

Financial Instruments (Details 7) - Foreign Exchange Contract [Member] - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Derivatives Fair Value [Line Items]
Derivative asset, Notional amount	$ 8,069	$ 87,922
Designated as Hedging Instrument [Member]
Derivatives Fair Value [Line Items]
Derivative asset, Notional amount	8,069	20,581
Not Designated as Hedging Instrument [Member]
Derivatives Fair Value [Line Items]
Derivative asset, Notional amount	$ 0	$ 67,341

Financial Instruments (Details 8) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011
Foreign Exchange Forward [Member]
Fair value of foreign exchange contracts
Derivative Asset, Fair Value	$ 297	$ (827)
Other Assets [Member] \| Designated as Hedging Instrument [Member]
Fair value of foreign exchange contracts
Derivative Asset, Fair Value	297
Other Liabilities [Member] \| Not Designated as Hedging Instrument [Member]
Fair value of foreign exchange contracts
Derivative Asset, Fair Value	$ 0
Other Liabilities [Member] \| Foreign Exchange Forward [Member] \| Designated as Hedging Instrument [Member]
Fair value of foreign exchange contracts
Derivative Asset, Fair Value		(182)
Other Liabilities [Member] \| Foreign Exchange Forward [Member] \| Not Designated as Hedging Instrument [Member]
Fair value of foreign exchange contracts
Derivative Asset, Fair Value		$ (645)

Financial Instruments (Details 9) - USD ($) $ in Thousands	12 Months Ended
Financial Instruments (Details 9) - USD ($) $ in Thousands	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Derivatives in Foreign Currency Hedging relationships
Adjustments to accumulated other comprehensive income to record unrealized cash flow hedging (loss) gain	$ 716
Realization of cash flow hedging gains upon settlement (note 21(d))	236
Non Designated Derivatives in Foreign Currency relationships
Derivative (loss) gain	1,184	$ (1,014)	$ 2,036
Foreign Exchange Forward [Member] \| Selling, General and Administrative Expenses [Member]
Non Designated Derivatives in Foreign Currency relationships
Derivative (loss) gain	1,184	(1,014)	2,036
Foreign Exchange Forward [Member] \| Fair Value Hedging [Member]
Derivatives in Foreign Currency Hedging relationships
Adjustments to accumulated other comprehensive income to record unrealized cash flow hedging (loss) gain	716	(162)	797
Foreign Exchange Forward [Member] \| Fair Value Hedging [Member] \| Selling, General and Administrative Expenses [Member]
Derivatives in Foreign Currency Hedging relationships
Realization of cash flow hedging gains upon settlement (note 21(d))	$ (236)	$ (684)	$ (665)

Financial Instruments (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Financial Instruments Additional (Textuals) [Abstract]
Carrying value of equity investments	$ 3,074	$ 4,055
Investment in preferred stock of other business venture	1,500
Financial Instruments (Textuals) [Abstract]
Gross revenues of investment new business ventures	(9,000)	(2,300)
Cost of revenue of investment new business ventures	12,700	9,800
Loss on equity-accounted investments	(13,400)	(17,700)
Equity method investment, difference between carrying amount and underlying equity	1,100
Fair value of debt	1,500
Total carrying value of investments in new business ventures	4,400	5,100
Troubled Debt Restructuring write-down	100
Troubled Debt Restructuring recorded investment	500
Impairment of available-for-sale investment	150
Fair Value, Available for Sale Investment	$ 1,300	$ 1,000
Total gains or losses (realized/unrealized) included in earnings	In the year ended December 31, 2012, the Company recognized a $0.2 million other-than-temporary impairment of its available-for-sale investment, in “Impairment of available-for-sale investment” in the consolidated statement of operations, as the value is not expected to recover based on the length of time and extent to which the market value has been less than cost.