Last year, theater owners and industry professionals wrung their hands as Memorial Day box office performance tanked. This year could not be more different.

It’s a Memorial Day weekend for the box office record books. Movie theaters across the country were jamming as “Lilo & Stitch” and Tom Cruise’s “Mission: Impossible – The Final Reckoning” fueled the largest Memorial Day holiday in history — and established several other benchmarks in the process.

: As anticipated, this will be the best Memorial Day weekend ever for the motion picture industry at the domestic box office with all movies grossing around $322M+, burying the previous benchmark held in 2013 when Fast & Furious 6 led the frame,