XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Earnings (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 24, 2020
Sep. 30, 2021
Sep. 24, 2020
Revenues:        
Revenue from Contract with Customer, Including Assessed Tax $ 140,978 $ 30,366 $ 277,562 $ 187,068
Cost reimbursements 4,884 3,225 11,634 13,916
Total revenues 145,862 33,591 289,196 200,984
Costs and expenses:        
Advertising and marketing 4,827 1,981 11,195 8,446
Administrative 16,536 11,645 45,815 40,555
Depreciation and amortization 17,730 18,690 54,203 56,568
Rent 6,544 6,594 19,229 19,876
Property taxes 4,935 5,950 14,142 18,004
Other operating expenses 6,500 6,266 19,918 18,094
Impairment charges   765 3,732 9,477
Reimbursed costs 4,884 3,225 11,634 13,916
Total costs and expenses 139,589 81,578 344,694 324,233
Operating income (loss) 6,273 (47,987) (55,498) (123,249)
Other income (expense):        
Investment income (loss) (7) 66 153 207
Interest expense (4,600) (4,132) (14,350) (10,177)
Other expense (625) (590) (1,881) (1,771)
Gain (loss) on disposition of property, equipment and other assets 868 (251) 2,908 (299)
Equity losses from unconsolidated joint ventures, net   (1,054)   (1,539)
Nonoperating Income (Expense), Total (4,364) (5,961) (13,170) (13,579)
Earnings (loss) before income taxes 1,909 (53,948) (68,668) (136,828)
Income taxes (benefit) 150 (14,508) (18,931) (50,984)
Net earnings (loss) 1,759 (39,440) (49,737) (85,844)
Net loss attributable to noncontrolling interests       (23)
Net earnings (loss) attributable to The Marcus Corporation 1,759 (39,440) (49,737) (85,821)
Theatre admissions [Member]        
Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 38,250 3,118 73,850 58,667
Rooms [Member]        
Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 30,917 9,772 57,293 27,618
Costs and expenses:        
Cost of Goods and Services Sold 9,682 4,611 22,019 16,132
Theatre concessions [Member]        
Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 35,952 3,243 68,932 50,277
Costs and expenses:        
Cost of Goods and Services Sold 15,094 2,592 29,627 25,634
Food and beverage [Member]        
Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 16,731 5,420 32,234 19,620
Costs and expenses:        
Cost of Goods and Services Sold 12,344 5,109 25,520 20,725
Other revenues [Member]        
Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 19,128 8,813 45,253 30,886
Theatre operations [Member]        
Costs and expenses:        
Cost of Goods and Services Sold $ 40,513 $ 14,150 $ 87,660 $ 76,806
Common Stock [Member]        
Net earnings (loss) per share - basic:        
Common Stock $ 0.06 $ (1.30) $ (1.66) $ (2.84)
Net earnings (loss) per share - diluted:        
Common Stock 0.06 (1.30) (1.66) (2.84)
Class B Common Stock [Member]        
Net earnings (loss) per share - basic:        
Common Stock 0.05 (1.18) (1.39) (2.57)
Net earnings (loss) per share - diluted:        
Common Stock $ 0.05 $ (1.18) $ (1.39) $ (2.57)