Cinemark Holdings, Inc. is engaged in the motion picture exhibition business with theatres in the United States, Brazil, Mexico, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and Guatemala. The Company manages its business in two segments: United States markets and international markets. During the year ended December 31, 2012, the Company also managed additional theatres in the United States Brazil and Colombia. The Company has 298 theatres and 3,916 screens in 39 states in the United States. As of December 31, 2012, the Company operated 465 theatres and 5,240 screens in 39 states and 13 Latin American countries. The Company selectively builds or acquires new theatres in markets where the Company can establish and maintain a market position. The Company has 109 XD auditoriums in its circuit. The Company's theatres in the United States are primarily located in mid-sized United States markets, including suburbs of metropolitan areas.