XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 29, 2023
Dec. 29, 2022
Current assets:    
Cash and cash equivalents $ 44,580 $ 21,704
Restricted cash 4,274 2,802
Accounts receivable, net of reserves of $163 and $172, respectively 20,591 21,455
Assets held for sale 558 460
Other current assets 21,579 17,474
Total current assets 91,582 63,895
Property and equipment:    
Land and improvements 131,229 132,285
Buildings and improvements 730,955 729,177
Leasehold improvements 167,873 167,516
Furniture, fixtures and equipment 397,710 386,197
Finance lease right-of-use assets 29,998 29,885
Construction in progress 5,461 10,305
Total property and equipment 1,463,226 1,455,365
Less accumulated depreciation and amortization 764,048 739,600
Net property and equipment 699,178 715,765
Operating lease right-of-use assets 187,275 194,965
Other assets:    
Investments in joint ventures 1,865 2,067
Goodwill 74,996 75,015
Other 13,054 12,891
Total other assets 89,915 89,973
TOTAL ASSETS 1,067,950 1,064,598
Current liabilities:    
Accounts payable 40,636 32,187
Income taxes 361 0
Taxes other than income taxes 19,618 17,948
Accrued compensation 18,901 22,512
Other accrued liabilities 56,861 56,275
Current portion of finance lease obligations 2,538 2,488
Current portion of operating lease obligations 14,596 14,553
Current maturities of long-term debt 10,391 10,432
Total current liabilities 163,902 156,395
Finance lease obligations 13,899 15,014
Operating lease obligations 187,026 195,281
Long-term debt 169,784 170,005
Deferred income taxes 27,292 26,567
Other long-term obligations 44,605 44,415
Shareholders’ equity attributable to The Marcus Corporation    
Preferred Stock, $1 par; authorized 1,000,000 shares; none issued 0 0
Capital in excess of par 158,231 153,794
Retained earnings 275,157 274,254
Accumulated other comprehensive loss (1,797) (1,694)
Stockholders' equity before treasury stock 463,361 457,963
Less cost of Common Stock in treasury (90,888 shares at June 29, 2023 and 78,882 shares at December 29, 2022) (1,919) (1,866)
Total shareholders’ equity attributable to The Marcus Corporation 461,442 456,097
Noncontrolling interest 0 824
Total equity 461,442 456,921
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 1,067,950 1,064,598
Common Stock    
Shareholders’ equity attributable to The Marcus Corporation    
Common Stock 24,692 24,498
Class B Common Stock    
Shareholders’ equity attributable to The Marcus Corporation    
Common Stock $ 7,078 $ 7,111