10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2013

OR

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from              to             .

Commission file number 1-9444

CEDAR FAIR, L.P.

(Exact name of registrant as specified in its charter)

DELAWARE	34-1560655
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

One Cedar Point Drive, Sandusky, Ohio 44870-5259

(Address of principal executive offices) (Zip Code)

(419) 626-0830

(Registrant’s telephone number, including area code)

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes   x    No  o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer	x	Accelerated filer	o
Non-accelerated filer	o (Do not check if a smaller reporting company)	Smaller reporting company	o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  o    No  x

Title of Class	Units Outstanding As Of August 1, 2013
Units Representing Limited Partner Interests	55,712,940

CEDAR FAIR, L.P.

INDEX

FORM 10 - Q

Part I - Financial Information
Item 1.	Financial Statements	3-35
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	36-46
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	46
Item 4.	Controls and Procedures	46
Part II - Other Information
Item 1.	Legal Proceedings	47
Item 1A.	Risk Factors	47
Item 5.	Other Information	47
Item 6.	Exhibits	48
Signatures		49
Index to Exhibits		50

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

CEDAR FAIR, L.P.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

	6/30/2013			12/31/2012			7/1/2012
ASSETS							(As restated)
Current Assets:
Cash and cash equivalents	$	43,628		$	78,830		$	35,929
Receivables	67,199			18,192			42,953
Inventories	45,452			27,840			51,236
Current deferred tax asset	28,302			8,184			10,345
Income tax refundable	—			—			10,083
Prepaid advertising	16,614			1,086			16,250
Other current assets	17,274			6,974			9,339
	218,469			141,106			176,135
Property and Equipment:
Land	296,793			303,348			312,460
Land improvements	350,638			339,081			349,709
Buildings	584,545			584,854			580,702
Rides and equipment	1,506,553			1,450,231			1,492,902
Construction in progress	9,498			28,971			5,490
	2,748,027			2,706,485			2,741,263
Less accumulated depreciation	(1,197,126		)	(1,162,213		)	(1,119,899		)
	1,550,901			1,544,272			1,621,364
Goodwill	239,480			246,221			243,239
Other Intangibles, net	39,719			40,652			40,249
Other Assets	32,326			47,614			52,542
	$	2,080,895		$	2,019,865		$	2,133,529
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	6,300		$	—		$	—
Accounts payable	34,339			10,734			38,292
Deferred revenue	132,365			39,485			108,467
Accrued interest	23,944			15,512			16,029
Accrued taxes	10,021			17,813			10,740
Accrued salaries, wages and benefits	29,896			24,836			37,709
Self-insurance reserves	24,592			23,906			23,198
Other accrued liabilities	8,789			5,916			8,652
	270,246			138,202			243,087
Deferred Tax Liability	154,292			153,792			134,108
Derivative Liability	26,772			32,260			35,146
Other Liabilities	8,796			8,980			7,121
Long-Term Debt:
Revolving credit loans	58,000			—			111,000
Term debt	622,125			1,131,100			1,140,100
Notes	901,431			401,080			400,647
	1,581,556			1,532,180			1,651,747
Commitments and Contingencies (Note 10)
Partners’ Equity:
Special L.P. interests	5,290			5,290			5,290
General partner	—			1			—
Limited partners, 55,713, 55,618 and 55,517 units outstanding at June 30, 2013, December 31, 2012 and July 1, 2012, respectively	49,986			177,660			88,757
Accumulated other comprehensive loss	(16,043		)	(28,500		)	(31,727		)
	39,233			154,451			62,320
	$	2,080,895		$	2,019,865		$	2,133,529

The accompanying Notes to Unaudited Condensed Consolidated Financial Statements are an integral part of these statements.

3

CEDAR FAIR, L.P.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(In thousands, except per unit amounts)

	Three months ended						Six months ended						Twelve months ended
	6/30/2013			7/1/2012			6/30/2013			7/1/2012			6/30/2013			7/1/2012
Net revenues:				(As restated)						(As restated)						(As restated)
Admissions	$	202,536		$	201,866		$	222,559		$	213,536		$	621,092		$	638,347
Food, merchandise and games	119,840			121,335			136,532			133,867			344,879			367,532
Accommodations and other	39,244			34,405			44,328			38,401			120,098			97,038
	361,620			357,606			403,419			385,804			1,086,069			1,102,917
Costs and expenses:
Cost of food, merchandise and games revenues	31,053			32,486			36,090			36,573			94,565			97,407
Operating expenses	141,284			146,236			217,941			217,521			451,823			458,266
Selling, general and administrative	45,767			44,511			66,806			62,495			142,622			144,773
Depreciation and amortization	46,032			47,909			50,818			51,988			125,136			130,416
Gain on sale of other assets	—			—			—			—			(6,625		)	—
Loss (gain) on impairment / retirement of fixed assets, net	29			(862		)	629			(770		)	31,735			10,389
	264,165			270,280			372,284			367,807			839,256			841,251
Operating income	97,455			87,326			31,135			17,997			246,813			261,666
Interest expense	25,861			30,236			51,624			57,039			105,204			130,927
Net effect of swaps	(2,273		)	(173		)	6,938			(1,143		)	6,589			(14,717		)
Loss on early debt extinguishment	—			—			34,573			—			34,573			—
Unrealized/realized foreign currency loss	14,886			9,301			23,844			1,109			13,737			14,863
Other income	(69		)	(2		)	(109		)	(18		)	(159		)	(305		)
Income (loss) before taxes	59,050			47,964			(85,735		)	(38,990		)	86,869			130,898
Provision (benefit) for taxes	11,660			11,381			(23,999		)	(10,158		)	17,917			13,790
Net income (loss)	47,390			36,583			(61,736		)	(28,832		)	68,952			117,108
Net income (loss) allocated to general partner	—			1			(1		)	—			—			2
Net income (loss) allocated to limited partners	$	47,390		$	36,582		$	(61,735	)	$	(28,832	)	$	68,952		$	117,106
Net income (loss)	$	47,390		$	36,583		$	(61,736	)	$	(28,832	)	$	68,952		$	117,108
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592			481			1,893			(688		)	2,950			733
Unrealized income (loss) on cash flow hedging derivatives	1,679			(2,370		)	10,564			(2,031		)	12,735			(3,854		)
Other comprehensive income (loss), (net of tax)	3,271			(1,889		)	12,457			(2,719		)	15,685			(3,121		)
Total comprehensive income (loss)	$	50,661		$	34,694		$	(49,279	)	$	(31,551	)	$	84,637		$	113,987
Basic earnings per limited partner unit:
Weighted average limited partner units outstanding	55,484			55,481			55,464			55,433			55,446			55,389
Net income (loss) per limited partner unit	$	0.85		$	0.66		$	(1.11	)	$	(0.52	)	$	1.24		$	2.11
Diluted earnings per limited partner unit:
Weighted average limited partner units outstanding	55,822			55,818			55,464			55,433			55,791			55,844
Net income (loss) per limited partner unit	$	0.85		$	0.66		$	(1.11	)	$	(0.52	)	$	1.24		$	2.10

The accompanying Notes to Unaudited Condensed Consolidated Financial Statements are an integral part of these statements.

4

CEDAR FAIR, L.P.

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF PARTNERS’ EQUITY

FOR THE SIX MONTHS ENDED JUNE 30, 2013

(In thousands)

	Six months ended
	6/30/13
Limited Partnership Units Outstanding
Beginning balance	55,618
Limited partnership unit options exercised	2
Issuance of limited partnership units as compensation	93
	55,713
Limited Partners’ Equity
Beginning balance	$	177,660
Net loss	(61,735		)
Partnership distribution declared ($1.25 per limited partnership unit)	(69,639		)
Expense recognized for limited partnership unit options	457
Limited partnership unit options exercised	28
Tax effect of units involved in option exercises and treasury unit transactions	(130		)
Issuance of limited partnership units as compensation	3,345
	49,986
General Partner’s Equity
Beginning balance	1
Net loss	(1		)
	—
Special L.P. Interests	5,290
Accumulated Other Comprehensive Income (Loss)
Cumulative foreign currency translation adjustment:
Beginning balance	(2,751		)
Current period activity, net of tax ($1,090)	1,893
	(858		)
Unrealized loss on cash flow hedging derivatives:
Beginning balance	(25,749		)
Current period activity, net of tax ($1,861)	10,564
	(15,185		)
	(16,043		)
Total Partners’ Equity	$	39,233

The accompanying Notes to Unaudited Condensed Consolidated Financial Statements are an integral part of this statement.

5

CEDAR FAIR, L.P.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

	Six months ended						Twelve months ended
	6/30/2013			7/1/2012			6/30/2013			7/1/2012
CASH FLOWS FROM (FOR) OPERATING ACTIVITIES				(As restated)						(As restated)
Net income (loss)	$	(61,736	)	(28,832		)	$	68,952		$	117,108
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation and amortization	50,818			51,988			125,136			130,416
Loss on early debt extinguishment	34,573			—			34,573			—
Loss (gain) on impairment / retirement of fixed assets, net	629			(770		)	31,735			10,389
Gain on sale of other assets	—			—			(6,625		)	—
Net effect of swaps	6,938			(1,143		)	6,589			(14,717		)
Non-cash expense	30,591			8,810			26,932			31,513
Net change in working capital	41,511			30,399			11,693			(26,135		)
Net change in other assets/liabilities	(20,768		)	4,153			3,721			8,341
Net cash from operating activities	82,556			64,605			302,706			256,915
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Sale of other assets	—			1,173			14,885			1,173
Capital expenditures	(79,189		)	(64,880		)	(108,995		)	(103,385		)
Net cash for investing activities	(79,189		)	(63,707		)	(94,110		)	(102,212		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings (payments) on revolving credit loans	58,000			111,000			(53,000		)	26,000
Term debt borrowings	630,000			—			630,000			—
Note borrowings	500,000			—			500,000			—
Derivative settlement	—			(50,450		)	—			(50,450		)
Term debt payments, including early termination penalties	(1,132,675		)	(16,000		)	(1,141,675		)	(36,950		)
Distributions paid to partners	(69,639		)	(44,358		)	(114,093		)	(89,742		)
Exercise of limited partnership unit options	28			47			57			53
Payment of debt issuance costs	(22,764		)	—			(22,758		)	(723		)
Excess tax benefit from unit-based compensation expense	(130		)	(438		)	1,517			(438		)
Net cash for financing activities	(37,180		)	(199		)	(199,952		)	(152,250		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(1,389		)	(294		)	(945		)	(2,203		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(35,202		)	405			7,699			250
Balance, beginning of period	78,830			35,524			35,929			35,679
Balance, end of period	$	43,628		$	35,929		$	43,628		$	35,929
SUPPLEMENTAL INFORMATION
Cash payments for interest expense	$	40,734		$	52,617		$	90,000		$	129,692
Interest capitalized	1,021			1,826			1,365			2,867
Cash payments for income taxes, net of refunds	4,426			2,204			4,005			7,309

The accompanying Notes to Unaudited Condensed Consolidated Financial Statements are an integral part of these statements.

6

CEDAR FAIR, L.P.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE PERIODS ENDED JUNE 30, 2013 AND JULY 1, 2012

The accompanying unaudited condensed consolidated financial statements have been prepared from the financial records of Cedar Fair, L.P. (the Partnership) without audit and reflect all adjustments which are, in the opinion of management, necessary to fairly present the results of the interim periods covered in this report.

Due to the highly seasonal nature of the Partnership’s amusement and water park operations, the results for any interim period are not indicative of the results to be expected for the full fiscal year. Accordingly, the Partnership has elected to present financial information regarding operations and cash flows for the preceding fiscal twelve-month periods ended June 30, 2013 and July 1, 2012 to accompany the quarterly results. Because amounts for the fiscal twelve months ended June 30, 2013 include actual 2012 season operating results, they may not be indicative of 2013 full calendar year operations.

(1) Significant Accounting and Reporting Policies:

The Partnership’s unaudited condensed consolidated financial statements for the periods ended June 30, 2013 and July 1, 2012 included in this Form 10-Q report have been prepared in accordance with the accounting policies described in the Notes to Consolidated Financial Statements for the year ended December 31, 2012, which were included in the Form 10-K/A filed on May 10, 2013. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the Commission). These financial statements should be read in conjunction with the financial statements and the notes thereto included in the Form 10-K/A referred to above.

Property and Equipment

Property and equipment are recorded at cost. Expenditures made to maintain such assets in their original operating condition are expensed as incurred, and improvements and upgrades are generally capitalized. Depreciation is computed on a straight-line basis over the estimated useful lives of the assets. The unit method is used for all individual assets.

Change in Depreciation Method

Effective January 1, 2013, the Partnership changed its method of depreciation for the group of assets acquired as a whole in 1983, as well as for the groups of like assets of each subsequent business acquisition from the composite method to the unit method.

Historically, the Partnership had used the composite depreciation method for land improvements, buildings, rides and equipment for the group of assets acquired as a whole in 1983, as well as for the group of like assets of each subsequent business acquisition. The unit method was only used for all individual assets purchased. Under the composite depreciation method, assets with similar estimated lives are grouped together and the several pools of assets are depreciated on an aggregate basis. No gain or loss is recognized on normal retirements of composite assets. Instead, the net book value of a retired asset reduces accumulated depreciation for the composite group. Unusual retirements of composite assets could result in the recognition of a gain or loss. Under the unit method of depreciation, individual assets are depreciated over their estimated useful lives, with gains and losses on all asset retirements recognized currently in income.

In order to improve comparability and enhance the level of precision associated with allocating historical cost, the Partnership had determined that it was preferable to change from the composite method of depreciation to the unit method of depreciation for all assets. The Partnership believes that pursuant to generally accepted accounting principles, changing from the composite method of depreciation to the unit method of depreciation is a change in accounting estimate that is effected by a change in accounting principle, which should be accounted for prospectively. This prospective application resulted in the discontinuance of the composite method of depreciation for all prior acquisitions with the existing net book value of each composite pool allocated to the remaining individual assets (units) in that pool with each unit assigned an appropriate remaining useful life on an individual unit basis. Assigning a useful life to each unit in the various composite pools had an insignificant effect on the weighted average useful lives of all assets that were previously accounted for under the composite method.

The change in depreciation method had an immaterial impact on the Condensed Consolidated Financial Statements for the quarter ended June 30, 2013.Future asset retirements could have a material impact on the Condensed Consolidated Financial Statements in the periods such items occur.

7

New Accounting Pronouncements

In January 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2013-01, “Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities,” which clarifies that ordinary trade receivables and receivables are not in the scope of Accounting Standards Update 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities. Specifically, Update 2011-11 applies only to derivatives, repurchase agreements and reverse purchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with specific criteria contained in the FASB Codification or subject to a master netting arrangement or similar agreement. We adopted this guidance during the first quarter of 2013 and it did not impact the Partnership's consolidated financial statements.

In February 2013, the FASB issued ASU 2013-02, “Comprehensive Income - Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” which requires an entity to present information about significant items reclassified out of Accumulated Other Comprehensive Income ("AOCI") by component either on the face of the statement where net income is presented or as a separate disclosure in the notes to the financial statements. We adopted this guidance during the first quarter of 2013 and it did not impact the Partnership's consolidated financial statements. The Partnership has elected to present movements out of Other Comprehensive Income ("OCI") via an additional disclosure in the notes to the consolidated financial statements.

In February 2013, the FASB issued ASU 2013-04, “Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date,” which requires an entity to measure obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this guidance is fixed at the reporting date, as the sum of the following:

• The amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors

• Any additional amount the reporting entity expects to pay on behalf of its co-obligors

The guidance in this Update also requires an entity to disclose the nature and amount of the obligation as other information about those obligations. The amendments in the Update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, however early adoption is permitted. We do not anticipate this guidance having a material impact on the Partnership's consolidated financial statements.

In March 2013, the FASB issued ASU 2013-05, “Parent's Accounting for CTA upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity.” When a reporting entity (parent) ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity, the parent is required to apply the guidance in Subtopic 830-30 to release any related cumulative translation adjustment ("CTA") into net income. Accordingly, the cumulative translation adjustment should be released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided.

Additionally, the amendments in this Update clarify that the sale of an investment in a foreign entity includes both events that result in the loss of a controlling financial interest in a foreign entity and events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately before the acquisition date (sometimes also referred to as a step acquisition). Accordingly, the CTA adjustment should be released into net income upon the occurrence of those events.

The amendments in the Update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013, however early adoption is permitted. We do not anticipate this guidance having a material impact on the Partnership's consolidated financial statements.

In April 2013, the FASB issued ASU 2013-07, “Presentation of Financial Statements (Topic 205) Liquidation Basis of Accounting,” which requires an entity to prepare financial statements using the liquidation basis of accounting when liquidation is imminent. Liquidation is imminent when:

• a plan for liquidation has been approved by the person or persons with the authority to make such a plan effective and the likelihood is remote that the execution of the plan will be blocked by other parties or the entity will return from liquidation, or

• a plan for liquidation is imposed by other forces, and the likelihood is remote that the entity will return from liquidation.

If a plan for liquidation was specified in an entity's governing documents at its inception (for example, limited-life entities), then liquidation would be imminent only if the approved plan for liquidation differs from the plan specified at the entity's inception.

8

The standard is effective for fiscal years beginning after December 31, 2013, and interim reporting periods therein. Early adoption is permitted. We do not anticipate this guidance having a material impact on the Partnership's consolidated financial statements.

(2) Interim Reporting:

The Partnership owns and operates eleven amusement parks, four separately gated outdoor water parks,one indoor water park and five hotels. Virtually all of the Partnership’s revenues from its seasonal amusement parks, as well as its outdoor water parks and other seasonal resort facilities, are realized during a 130- to 140-day operating period beginning in early May, with the major portion concentrated in the third quarter during the peak vacation months of July and August. Knott's Berry Farm is open daily on a year-round basis. Castaway Bay is generally open daily from Memorial Day to Labor Day, plus a limited daily schedule for the balance of the year.

To assure that these highly seasonal operations will not result in misleading comparisons of current and subsequent interim periods, the Partnership has adopted the following accounting and reporting procedures for its seasonal parks: (a) revenues on multi-day admission tickets are recognized over the estimated number of visits expected for each type of ticket and are adjusted periodically during the season, (b) depreciation, advertising and certain seasonal operating costs are expensed during each park’s operating season, including certain costs incurred prior to the season which are amortized over the season, and (c) all other costs are expensed as incurred or ratably over the entire year.

(3) Long-Lived Assets:

Long-lived assets are reviewed for impairment upon the occurrence of events or changes in circumstances that would indicate that the carrying value of the assets may not be recoverable. In order to determine if an asset has been impaired, assets are grouped and tested at the lowest level for which identifiable, independent cash flows are available. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include, among others: a significant decline in expected future cash flows; a sustained, significant decline in equity price and market capitalization; a significant adverse change in legal factors or in the business climate; unanticipated competition; and slower growth rates. Any adverse change in these factors could have a significant impact on the recoverability of these assets and could have a material impact on our consolidated financial statements.

The long-lived operating asset impairment test involves a two-step process. The first step is a comparison of each asset group's carrying value to its estimated undiscounted future cash flows expected to result from the use of the assets, including disposition. Projected future cash flows reflect management's best estimates of economic and market conditions over the projected period, including growth rates in revenues and costs, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates and future estimates of capital expenditures. If the carrying value of the asset group is higher than its undiscounted future cash flows, there is an indication that impairment exists and the second step must be performed to measure the amount of impairment loss. The amount of impairment is determined by comparing the implied fair value of the asset group to its carrying value in a manner consistent with the highest and best use of those assets.

The Partnership estimates fair value of operating assets using an income, market, and/or cost approach. The income approach which uses an asset group's projection of estimated operating results and cash flows that is discounted using a weighted-average cost of capital reflective of current market conditions. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The cost approach is based on the amount currently required to replace the service capacity of an asset adjusted for obsolescence. If the implied fair value of the assets is less than their carrying value, an impairment charge is recorded for the difference.

Non-operating assets are evaluated for impairment based on changes in market conditions. When changes in market conditions are observed, impairment is estimated using a market-based approach. If the estimated fair value of the non-operating assets is less than their carrying value, an impairment charge is recorded for the difference.

At the end of the third quarter of 2012, the Partnership concluded based on 2012 operating results and updated forecasts, that a review of the carrying value of operating long-lived assets at Wildwater Kingdom was warranted. After performing its review, the Partnership determined that a portion of the park's fixed assets were impaired. Also, at the end of the third quarter of 2012, the Partnership concluded that market conditions had changed on the adjacent non-operating land of Wildwater Kingdom. After performing its review of the updated market value of the land, the Partnership determined the land was impaired. The Partnership recognized a total of $25.0 million of fixed-asset impairment during the third quarter of 2012 which was recorded in "Loss on impairment / retirement of fixed assets, net" on the condensed consolidated statement of operations.

9

(4) Goodwill and Other Intangible Assets:

In accordance with the applicable accounting rules, goodwill is not amortized, but, along with indefinite-lived trade-names, is evaluated for impairment on an annual basis or more frequently if indicators of impairment exist. The Partnership's annual testing date is December 31.

The Partnership tested goodwill and other indefinite-lived intangibles for impairment on December 31, 2012 and no impairment was indicated. In September 2011, the FASB issued ASU 2011-08, “Intangibles — Goodwill and Other,” which gives an entity the option to first assess qualitative factors to determine whether it is necessary to perform the current two-step goodwill impairment test. If an entity believes, as a result of its qualitative assessment, that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the two-step goodwill impairment test is required. We adopted this guidance during the first quarter of 2012 and it did not impact the Partnership's consolidated financial statements.

In July 2012, the FASB issued ASU 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment,” which allows an entity the option to first assess qualitatively whether it is more-likely-than-not that an indefinite-lived intangible asset is impaired, thus necessitating that it perform the quantitative impairment test. An entity is not required to calculate the fair value of an indefinite-lived intangible asset and perform the quantitative impairment test unless the entity determines that it is more likely than not that the asset is impaired. The revised standard is effective for annual impairment testing performed for fiscal years beginning after September 15, 2012, however early adoption was permitted. We adopted this guidance during the third quarter of 2012 and it did not impact the Partnership's consolidated financial statements.

A summary of changes in the Partnership’s carrying value of goodwill for the six months ended June 30, 2013 is as follows:

(In thousands)	Goodwill (gross)			Accumulated Impairment Losses			Goodwill (net)
Balance at December 31, 2012	$	326,089		$	(79,868	)	$	246,221
Foreign currency translation	(6,741		)	—			(6,741		)
Balance at June 30, 2013	$	319,348		$	(79,868	)	$	239,480

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At June 30, 2013, December 31, 2012, and July 1, 2012 the Partnership’s other intangible assets consisted of the following:

June 30, 2013	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
(In thousands)
Other intangible assets:
Trade names	$	39,267	$	—	$	39,267
License / franchise agreements	831		379		452
Total other intangible assets	$	40,098	$	379	$	39,719
December 31, 2012
(In thousands)
Other intangible assets:
Trade names	$	40,222	$	—	$	40,222
License / franchise agreements	790		360		430
Total other intangible assets	$	41,012	$	360	$	40,652
July 1, 2012
(In thousands)
Other intangible assets:
Trade names	$	39,799	$	—	$	39,799
License / franchise agreements	790		340		450
Total other intangible assets	$	40,589	$	340	$	40,249

Amortization expense of other intangible assets for the six months ended June 30, 2013 and July 1, 2012 was $19,000 and $18,000, respectively. The estimated amortization expense for the remainder of 2013 is $18,000. Estimated amortization expense is expected to total less than $50,000 in each year from 2013 through 2017.

(5) Long-Term Debt:

In July 2010, the Partnership issued $405 million of 9.125% senior unsecured notes, maturing in 2018, in a private placement, including $5.6 million of Original Issue Discount ("OID") to yield 9.375%. Concurrently with this offering, the Partnership entered into a new $1,435 million credit agreement (the "2010 Credit Agreement”), which included a $1,175 million senior secured term loan facility and a $260 million senior secured revolving credit facility. The net proceeds from the offering of the notes, along with borrowings under the 2010 Credit Agreement, were used to repay in full all amounts outstanding under the previous credit facilities. The facilities provided under the 2010 Credit Agreement were collateralized by substantially all of the assets of the Partnership.

The Partnership's $405 million of senior unsecured notes pay interest semi-annually in February and August, with the principal due in full on August 1, 2018. The notes may be redeemed, in whole or in part, at any time prior to August 1, 2014 at a price equal to 100% of the principal amount of the notes redeemed plus a “make-whole” premium together with accrued and unpaid interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. Prior to August 1, 2013, up to 35% of the notes may be redeemed with the net cash proceeds of certain equity offerings at 109.125%.

Terms of the 2010 Credit Agreement included a revolving credit facility of a combined $260 million. Under the 2010 Credit Agreement, the Canadian portion of the revolving credit facility had a limit of $15 million. U.S. denominated loans made under the revolving credit facility bore interest at a rate of LIBOR plus 400 basis points (bps) (with no LIBOR floor). Canadian denominated loans made under the Canadian portion of the facility bore interest at a rate of LIBOR plus 400 bps (with no LIBOR floor). The revolving credit facility, which was scheduled to mature in July 2015, also provided for the issuance of documentary and standby letters of credit. The Amended 2010 Credit Agreement required the Partnership to pay a commitment fee of 50 bps per annum on the unused portion of the credit facilities.

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In February 2011, the Partnership amended the 2010 Credit Agreement (as so amended, the “Amended 2010 Credit Agreement”) and extended the maturity date of the term loan portion of the credit facilities by one year. The extended U.S. term loan was scheduled to mature in December 2017 and bore interest at a rate of LIBOR plus 300 bps, with a LIBOR floor of 100 bps.

In March 2013, the Partnership issued $500 million of 5.25% senior unsecured notes, maturing in 2021, in a private placement, with no OID. Concurrently with this offering, the Partnership entered into a new $885 million credit agreement (the "2013 Credit Agreement"), which included a $630 million senior secured term loan facility and a $255 million senior secured revolving credit facility. The terms of the senior secured term loan facility include a maturity date of March 6, 2020 and bear interest at a rate of LIBOR plus 250 bps with a LIBOR floor of 75 bps. The term loan amortizes at $6.3 million annually. The net proceeds from the notes and borrowings under the 2013 Credit Agreement were used to repay in full all amounts outstanding under the previous credit facilities. The facilities provided under the 2013 Credit Agreement are collateralized by substantially all of the assets of the Partnership.

Terms of the 2013 Credit Agreement include a revolving credit facility of a combined $255 million. Under the 2013 Credit Agreement, the Canadian portion of the revolving credit facility has a sub-limit of $15 million. U.S. denominated and Canadian denominated loans made under the revolving credit facility bear interest at a rate of LIBOR plus 225 bps (with no LIBOR floor). The revolving credit facility is scheduled to mature in March 2018 and also provides for the issuance of documentary and standby letters of credit. The 2013 Credit Agreement requires the Partnership to pay a commitment fee of 50 bps per annum on the unused portion of the credit facilities.

The 2013 Credit Agreement requires the Partnership to maintain specified financial ratios, which if breached for any reason, including a decline in operating results, could result in an event of default under the agreement. The most restrictive of these ratios is the Consolidated Leverage Ratio which is measured quarterly on a trailing-twelve month basis. The Consolidated Leverage Ratio is set at 6.25x consolidated total debt (excluding the revolving debt)-to-Consolidated EBITDA and will remain at that level through the end of the first quarter in 2014, and the ratio will decrease each second quarter beginning with the second quarter of 2014. As of June 30, 2013, the Partnership’s Consolidated Leverage Ratio was 3.81x, providing $157.0 million of consolidated EBITDA cushion on the ratio as of the end of the second quarter. The Partnership was in compliance with all other covenants under the 2013 Credit Agreement as of June 30, 2013.

The 2013 Credit Agreement also includes provisions that allow the Partnership to make restricted payments of up to $60 million annually, so long as no default or event of default has occurred and is continuing. These restricted payments are not subject to any specific covenants. Additional restricted payments are allowed to be made based on an Excess-Cash-Flow formula, should the Partnership’s pro-forma Consolidated Leverage Ratio be less than or equal to 5.00x. Per the terms of the indenture governing the Partnership's notes maturing in 2018, which is more restrictive than the indenture governing the Partnership's notes maturing in 2021, the ability to make restricted payments in 2013 and beyond is permitted should the Partnership's trailing-twelve-month Total-Indebtedness-to-Consolidated-Cash-Flow Ratio be less than or equal to 4.75x, measured on a quarterly basis.

The Partnership's $500 million of senior unsecured notes pay interest semi-annually in March and September, with the principal due in full on March 15, 2021. The notes may be redeemed, in whole or in part, at any time prior to March 15, 2016 at a price equal to 100% of the principal amount of the notes redeemed plus a “make-whole” premium together with accrued and unpaid interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. Prior to March 15, 2016, up to 35% of the notes may be redeemed with the net cash proceeds of certain equity offerings at 105.25%.

As market conditions warrant, the Partnership may from time to time repurchase debt securities issued by the Partnership, in privately negotiated or open market transactions, by tender offer, exchange offer or otherwise.

(6) Derivative Financial Instruments:

Derivative financial instruments are used within the Partnership’s overall risk management program to manage certain interest rate and foreign currency risks. The Partnership does not use derivative financial instruments for trading purposes.

In September 2010 the Partnership entered into several forward-starting swap agreements ("September 2010 swaps") to effectively convert a total of $600 million of variable-rate debt to fixed rates beginning in October 2011. As a result of the February 2011 amendment to the 2010 Credit Agreement, the LIBOR floor on the term loan portion of its credit facilities decreased to 100 bps from 150 bps, causing a mismatch in critical terms of the September 2010 swaps and the underlying debt. Because of the mismatch of critical terms, the Partnership determined the September 2010 swaps, which were originally designated as cash flow hedges, were no longer highly effective, resulting in the de-designation of the swaps as of the end of February 2011. As a result of this

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ineffectiveness, gains of $7.2 million recorded in accumulated other comprehensive income (AOCI) through the date of de-designation are being amortized through December 2015.

In March 2011, the Partnership entered into several additional forward-starting basis-rate swap agreements ("March 2011 swaps") that, when combined with the September 2010 swaps, effectively converted $600 million of variable-rate debt to fixed rates beginning in October 2011. The September 2010 swaps and the March 2011 swaps were jointly designated as cash flow hedges, maturing in December 2015 and had fixed LIBOR at a weighted average rate of 2.46%. For the period that the September 2010 swaps were de-designated, their fair value decreased by $3.3 million, the offset of which was recognized as a direct charge to the Partnership's earnings and recorded to “Net effect of swaps” on the consolidated statement of operations along with the regular amortization of “Other comprehensive income (loss)” balances related to these swaps. No other ineffectiveness related to these swaps was recorded in any period presented.

In May 2011, the Partnership entered into four additional forward-starting basis-rate swap agreements ("May 2011 swaps") that effectively converted another $200 million of variable-rate debt to fixed rates beginning in October 2011. These swaps, which were designated as cash flow hedges, mature in December 2015 and fixed LIBOR at a weighted average rate of 2.54%.

As a result of the 2013 Credit Agreement, the previously described swaps were de-designated as the spreads of the 2013 Credit Agreement decreased to 75 bps from 100 bps in the Amended 2010 Credit Agreement. The May 2011 swaps remain de-designated as the amount of variable rate debt decreased to $630 million, resulting in no hedging relationship for these swaps. On March 4, 2013, the Partnership entered into several forward-starting swap agreements ("March 2013 swaps") that were not designated as a cash flow hedge on that date. On March 6, 2013, the March 2013 swaps were combined with the September 2010 swaps and the March 2011 swaps, and designated as cash flow hedges, effectively converting $600 million of variable-rate debt to fixed rates. The September 2010 swaps, the March 2011 swaps, and the March 2013 swaps were jointly designated as cash flow hedges, mature in December 2015 and fix LIBOR at a weighted average rate of 2.331%. At the time of the de-designation, the fair market value of the September 2010 swaps and March 2011 swaps was $22.2 million. Amounts in Accumulated Other Comprehensive Income (“AOCI”) at the time of de-designation related to these swaps was $26.1 million. This amount is being amortized out of AOCI into expense in "Net effect of swaps" in the unaudited condensed consolidated statements of operations and comprehensive income through December 2015. At the time of the de-designation, the fair market value of the May 2011 swaps was $7.8 million and was immediately recognized into expense in "Net effect of swaps" in the unaudited condensed consolidated statements of operations.

The fair market value of the September 2010 swaps, the March 2011 swaps, and the March 2013 swaps at June 30, 2013 was a liability of $20.1 million, which was recorded in “Derivative Liability” on the condensed consolidated balance sheet. The May 2011 swaps had a fair market value of $6.7 million as of June 30, 2013 and was recorded in “Derivative Liability” on the condensed consolidated balance sheet.

In 2007, the Partnership entered into two cross-currency swap agreements, which effectively converted $268.7 million of term debt at the time, and the associated interest payments, related to its wholly owned Canadian subsidiary from variable U.S. dollar denominated debt to fixed-rate Canadian dollar denominated debt. The Partnership originally designated these cross-currency swaps as foreign currency cash flow hedges. Cash flows related to these swap agreements were included in interest expense over the term of the agreement. These swap agreements expired in February 2012.

In May 2011 and July 2011, the Partnership entered into several foreign currency swap agreements to fix the exchange rate on approximately 75% of the termination payment associated with the cross-currency swap agreements that expired in February 2012. The Partnership did not seek hedge accounting treatment on these foreign currency swaps, and as such, changes in fair value of the swaps flowed directly through earnings along with changes in fair value on the related, de-designated cross-currency swaps. In February 2012, all of the cross-currency and related currency swap agreements were settled for $50.5 million.

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Fair Value of Derivative Instruments in Condensed Consolidated Balance Sheet:

(In thousands):	Condensed Consolidated Balance Sheet Location	Fair Value as of			Fair Value as of			Fair Value as of
		June 30, 2013			December 31, 2012			July 1, 2012
Derivatives designated as hedging instruments:
Interest rate swaps	Derivative Liability	(20,122		)	(32,260		)	(35,146		)
Total derivatives designated as hedging instruments		$	(20,122	)	$	(32,260	)	$	(35,146	)
Derivatives not designated as hedging instruments:
Interest rate swaps	Derivative Liability	$	(6,650	)	$	—		$	—
Total derivatives not designated as hedging instruments		$	(6,650	)	$	—		$	—
Net derivative liability		$	(26,772	)	$	(32,260	)	$	(35,146	)

The following table presents our September 2010 swaps, March 2011 swaps, May 2011 swaps, and March 2013 swaps which mature December 15, 2015, along with their notional amounts and their fixed interest rates.

	Interest Rate Swaps
($'s in thousands)	Derivatives designated as hedging instruments				Derivatives not designated as hedging instruments
	Notional Amounts		LIBOR Rate		Notional Amounts		LIBOR Rate
	$	200,000	2.27	%	50,000		2.54	%
	75,000		2.30	%	30,000		2.54	%
	50,000		2.29	%	70,000		2.54	%
	150,000		2.43	%	50,000		2.54	%
	50,000		2.29	%
	50,000		2.43	%
	25,000		2.30	%
Total $'s / Average Rate	$	600,000	2.33	%	$	200,000	2.54	%

Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the three-month periods ended June 30, 2013 and July 1, 2012:

(In thousands):	Amount of Gain (Loss) Recognized in  Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)						Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Three months ended		Three months ended				Three months ended		Three months ended				Three months ended		Three months ended
	6/30/13		7/1/12				6/30/13		7/1/12				6/30/13		7/1/12
Interest rate swaps	$	—	$	(2,866	)	Interest Expense	$	—	$	(3,221	)	Net effect of swaps	$	3,268	$	—

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Three months ended		Three months ended
		6/30/13		7/1/12
Interest rate swaps (1)	Net effect of swaps	992		—
		$	992	$	—

(1) The May 2011 interest rate swaps were de-designated in March 2013.

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During the quarter ended June 30, 2013, in addition to gains of $3.3 million and $1.0 million recognized in income on the ineffective portion of derivatives and on the derivatives not designated as cash flow hedges (as noted in the tables above), $2.0 million of expense representing the regular amortization of amounts in AOCI was recorded in the condensed consolidated statements of operations for the quarter. The effect of these amounts resulted in a benefit to earnings of $2.3 million recorded in “Net effect of swaps.”

For the three-month period ended July 1, 2012, $0.2 million of expense representing the amortization of amounts in AOCI was recorded in “Net effect of swaps” in the condensed consolidated statements of operations. The effect of this amortization resulted in a benefit to earnings of $0.2 million recorded in “Net effect of swaps.”

Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the six-month periods ended June 30, 2013 and July 1, 2012:

(In thousands):	Amount of Gain (Loss) Recognized in  Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)							Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Six months ended		Six months ended				Six months ended			Six months ended				Six months ended		Six months ended
	6/30/13		7/1/12				6/30/13			7/1/12				6/30/13		7/1/12
Interest rate swaps	$	2,266	$	(2,746	)	Interest Expense	$	(2,797	)	$	(6,014	)	Net effect of swaps	$	3,703	$	—

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Six months ended			Six months ended
		6/30/13			7/1/12
Cross-currency swaps (1)	Net effect of swaps	$	—		$	(4,999	)
Foreign currency swaps	Net effect of swaps	—			6,278
Interest rate swaps (2)	Net effect of swaps	(479		)	—
		$	(479	)	$	1,279

(1) The cross-currency swaps became ineffective and were de-designated in August 2009.

(2) The May 2011 interest rate swaps were de-designated in March 2013.

During the six-month period ended June 30, 2013, in addition to the $3.7 million gain recognized in income on the ineffective portion of derivatives and $0.5 million loss on the derivatives not designated as cash flow hedges (as noted in the tables above), $7.8 million of expense related to the write off of OCI balances on our May 2011 swaps and $2.3 million of expense representing the regular amortization of amounts in AOCI was recorded in the condensed consolidated statements of operations for the quarter. The effect of these amounts resulted in a charge to earnings of $6.9 million recorded in “Net effect of swaps.”

For the six-month period ended July 1, 2012, in addition to the $1.3 million gain recognized in income on the ineffective portion of derivatives noted in the tables above, $0.4 million of expense representing the amortization of amounts in AOCI for the swaps and $0.2 million of foreign currency gain in the quarter related to the U.S. dollar denominated Canadian term loan were recorded in “Net effect of swaps” in the condensed consolidated statements of operations. The net effect of these amounts resulted in a benefit to earnings of $1.1 million recorded in “Net effect of swaps.”

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Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the twelve-month periods ended June 30, 2013 and July 1, 2012:

(In thousands):	Amount of Gain (Loss) Recognized in Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)							Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Twelve months ended		Twelve months ended				Twelve months ended			Twelve months ended				Twelve months ended		Twelve months ended
	6/30/13		7/1/12				6/30/13			7/1/12				6/30/13		7/1/12
Interest rate swaps	$	5,152	$	(18,396	)	Interest Expense	$	(8,810	)	$	(9,037	)	Net effect of swaps	$	3,703	$	20,193

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Twelve months ended			Twelve months ended
		6/30/13			7/1/12
Cross-currency swaps (1)	Net effect of swaps	—			9,139
Foreign currency swaps	Net effect of swaps	—			(3,081		)
Interest rate swaps (2)	Net effect of swaps	$	(479	)	$	—
		$	(479	)	$	6,058

(1) The cross-currency swaps became ineffective and were de-designated in August 2009.

(2) The May 2011 interest rate swaps were de-designated in March 2013.

In addition to the $3.7 million gain recognized in income on the ineffective portion of derivatives and $0.5 million loss recognized in income on the ineffective portion of derivatives not designated as cash flow hedges (as noted in the tables above), $7.8 million of expense related to the write off of OCI balances on our May 2011 swaps and $2.0 million of expense representing the amortization of amounts in AOCI for the swaps was recorded during the trailing twelve months ended June 30, 2013 in the condensed consolidated statements of operations. The net effect of these amounts resulted in a charge to earnings for the trailing twelve month period of $6.6 million recorded in “Net effect of swaps.”

For the twelve month period ending July 1, 2012, in addition to the $20.2 million gain recognized in income on the ineffective portion of derivatives designated as derivatives and $6.1 million of gain recognized in income on the ineffective portion of derivatives not designated as derivatives noted in the tables above, $11.3 million of expense representing the amortization of amounts in AOCI for the swaps and a $0.3 million foreign currency loss in the twelve month period related to the U.S. dollar denominated Canadian term loan was recorded during the trailing twelve months ended July 1, 2012 in the condensed consolidated statements of operations. The net effect of these amounts resulted in a benefit to earnings for the trailing twelve month period of $14.7 million recorded in “Net effect of swaps.”

The amounts reclassified from AOCI into income for the periods noted above are primarily the result of the Partnership’s initial three-year requirement to swap at least 75% of its aggregate term debt to fixed rates under the terms of the Amended 2010 Credit Agreement.

(7) Fair Value Measurements:

The FASB Accounting Standards Codification (ASC) relating to fair value measurements emphasizes that fair value is a market-based measurement that should be determined based on assumptions (inputs) that market participants would use in pricing an asset or liability. Inputs may be observable or unobservable, and valuation techniques used to measure fair value should maximize the use of relevant observable inputs and minimize the use of unobservable inputs. Accordingly, the FASB’s ASC establishes a hierarchal disclosure framework that ranks the quality and reliability of information used to determine fair values. The hierarchy is associated with the level of pricing observability utilized in measuring fair value and defines three levels of inputs to the fair value measurement process—quoted prices are the most reliable valuation inputs, whereas model values that include inputs based on unobservable data are the least reliable. Each fair value measurement must be assigned to a level corresponding to the lowest level input that is significant to the fair value measurement in its entirety.

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The three broad levels of inputs defined by the fair value hierarchy are as follows:

• Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.

• Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

• Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement.

A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

The table below presents the balances of assets and liabilities measured at fair value as of June 30, 2013, December 31, 2012, and July 1, 2012 on a recurring basis:

	Total			Level 1		Level 2			Level 3
June 30, 2013
(In thousands)
Interest rate swap agreements (1)	$	(20,122	)	$	—	$	(20,122	)	$	—
Interest rate swap agreements (2)	(6,650		)	—		(6,650		)	—
Net derivative liability	$	(26,772	)	$	—	$	(26,772	)	$	—
December 31, 2012
Interest rate swap agreements (1)	$	(32,260	)	$	—	$	(32,260	)	$	—
Net derivative liability	$	(32,260	)	$	—	$	(32,260	)	$	—
July 1, 2012
Interest rate swap agreements (1)	$	(35,146	)	$	—	$	(35,146	)	$	—
Net derivative liability	$	(35,146	)	$	—	$	(35,146	)	$	—

(1) Designated as cash flow hedges and are included in “Derivative Liability” on the Unaudited Condensed Consolidated Balance Sheet

(2) Not designated as cash flow hedges and are included in "Derivative Liability" on the Unaudited Condensed Consolidated Balance Sheet

Fair values of the interest rate swap agreements are determined using significant inputs, including the LIBOR forward curves, that are considered Level 2 observable market inputs. In addition, the Partnership considered the effect of its credit and non-performance risk on the fair values provided, and recognized an adjustment decreasing the net derivative liability by approximately $0.7 million as of June 30, 2013.

There were no assets measured at fair value on a non-recurring basis at June 30, 2013 or July 1, 2012, except for as described below.

At the end of the third quarter in 2012, the Partnership concluded based on operating results, as well as updated forecasts, and changes in market conditions, that a review of the carrying value of long-lived assets at Wildwater Kingdom was warranted. After performing its review, the Partnership determined that a portion of the park's fixed assets were impaired. Based on Level 3 unobservable valuation assumptions and other market inputs, the assets were marked to a fair value of $19.8 million, resulting in an impairment charge of $25.0 million during the quarter.

The fair value of term debt at June 30, 2013 was approximately $630.0 million based on borrowing rates currently available to the Partnership on long-term debt with similar terms and average maturities. The fair value of the Partnership's notes at June 30, 2013 was approximately $913.2 million based on public trading levels as of that date. The fair value of the term debt was based on Level 2 inputs and the notes were based on Level 1 inputs.

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(8) Earnings per Unit:

Net income (loss) per limited partner unit is calculated based on the following unit amounts:

	Three months ended				Six months ended						Twelve months ended
	6/30/2013		7/1/2012		6/30/2013			7/1/2012			6/30/2013		7/1/2012
	(In thousands except per unit amounts)
Basic weighted average units outstanding	55,484		55,481		55,464			55,433			55,446		55,389
Effect of dilutive units:
Unit options and restricted unit awards	152		2		—			—			84		3
Phantom units	186		335		—			—			261		452
Diluted weighted average units outstanding	55,822		55,818		55,464			55,433			55,791		55,844
Net income (loss) per unit - basic	$	0.85	$	0.66	$	(1.11	)	$	(0.52	)	$	1.24	$	2.11
Net income (loss) per unit - diluted	$	0.85	$	0.66	$	(1.11	)	$	(0.52	)	$	1.24	$	2.10

The effect of unit options on the three, six and twelve months ended June 30, 2013, had they not been out of the money or antidilutive, would have been zero, 8,900, and 8,500 units, respectively. The effect of out-of-the-money and/or antidilutive unit options on the three, six and twelve months ended July 1, 2012, had they not been out of the money or antidilutive, would have been 66,000, 31,000 and 41,500 units, respectively.

(9) Income and Partnership Taxes:

Under the applicable accounting rules, income taxes are recognized for the amount of taxes payable by the Partnership’s corporate subsidiaries for the current year and for the impact of deferred tax assets and liabilities, which represent future tax consequences of events that have been recognized differently in the financial statements than for tax purposes. The income tax provision (benefit) for interim periods is determined by applying an estimated annual effective tax rate to the quarterly income (loss) of the Partnership’s corporate subsidiaries. In addition to income taxes on its corporate subsidiaries, the Partnership pays a publicly traded partnership tax (PTP tax) on partnership-level gross income (net revenues less cost of food, merchandise and games). As such, the Partnership’s total provision (benefit) for taxes includes amounts for both the PTP tax and for income taxes on its corporate subsidiaries.

As of the second quarter of 2013 the Partnership has recorded $1.1 million of unrecognized tax benefits including interest and/or penalties related to state and local tax filing positions. The Partnership recognizes interest and/or penalties related to unrecognized tax benefits in the income tax provision. The Partnership does not anticipate that the balance of the unrecognized tax benefit will change significantly over the next 12 months.

(10) Contingencies:

The Partnership is a party to a number of lawsuits arising in the normal course of business. In the opinion of management, none of these matters is expected to have a material effect in the aggregate on the Partnership's financial statements.

(11) Restatement:

We have made the following correction relating to our use of the composite depreciation method.

This correction, which impacts the Balance Sheet at July 1, 2012 and the Statement of Operations and Other Comprehensive Income for the three, six, and twelve month periods ended July 1, 2012, reflects a subsequent determination that a disposition from our composite group of assets was considered to be unusual. In certain situations under the composite method, disposals are considered unusual and, accordingly, losses are not included in the composite depreciation pool but are rather charged immediately to expense. In 2013, the Partnership's initial determination of whether a specific asset retired under the composite method of depreciation in 2011 was normal was reviewed in connection with responding to an SEC comment letter. We ultimately concluded that such disposition was unusual and that an $8.8 millioncharge should be reflected in the 2011 financial statements.

18

The tables below reflect the impact on the financial statements of the correction as described above.

Balance Sheet
(In thousands)	7/1/2012
Accumulated depreciation
As filed	$	(1,111,530	)
Correction	(8,369		)
As restated	$	(1,119,899	)
Total assets
As filed	$	2,141,898
Correction	(8,369		)
As restated	$	2,133,529
Deferred Tax Liability
As filed	$	137,288
Correction	(3,180		)
As restated	$	134,108
Limited Partners' Equity
As filed	$	93,946
Correction	(5,189		)
As restated	$	88,757

19

Statements of Operations and Other Comprehensive Income
(In thousands except per unit amounts)	Three months ended			Six months ended			Twelve months ended
	7/1/2012			7/1/2012			7/1/2012
Depreciation and amortization
As filed	$	48,330		$	52,409		$	130,837
Correction	(421		)	(421		)	(421		)
As restated	$	47,909		$	51,988		$	130,416
Loss (gain) on impairment / retirement of fixed assets, net
As filed	$	(862	)	$	(770	)	$	1,599
Correction	—			—			8,790
As restated	$	(862	)	$	(770	)	$	10,389
Income (loss) before tax
As filed	$	47,543		$	(39,411	)	$	139,267
Correction	421			421			(8,369		)
As restated	$	47,964		$	(38,990	)	$	130,898
Provision (benefit) for taxes
As filed	$	11,221		$	(10,318	)	$	16,970
Correction	160			160			(3,180		)
As restated	$	11,381		$	(10,158	)	$	13,790
Net income (loss)
As filed	$	36,322		$	(29,093	)	$	122,297
Correction	261			261			(5,189		)
As restated	$	36,583		$	(28,832	)	$	117,108
Basic earnings per limited partner unit:
As filed	$	0.65		$	(0.52	)	$	2.21
Correction	0.01			—			(0.10		)
As restated	$	0.66		$	(0.52	)	$	2.11
Diluted earnings per limited partner unit:
As filed	$	0.65		$	(0.52	)	$	2.19
Correction	0.01			—			(0.09		)
As restated	$	0.66		$	(0.52	)	$	2.10

20

(12) Changes in Accumulated Other Comprehensive Income by Component:

The following tables reflect the changes in Accumulated other comprehensive income (loss) related to limited partners' equity for the period ended June 30, 2013:

	Changes in Accumulated Other Comprehensive Income by Component (1)
(In thousands)
		Gains and
		Losses on			Foreign
		Cash Flow			Currency
		Hedges			Items			Total
Balance at December 31, 2012		$	(25,749	)	$	(2,751	)	$	(28,500	)
	Other comprehensive
	income before
	reclassifications	1,940			1,893			3,833
	Amounts reclassified
	from accumulated
	other comprehensive
	income (2)	8,624			—			8,624
Net current-period other
comprehensive income		10,564			1,893			12,457
June 30, 2013		$	(15,185	)	$	(858	)	$	(16,043	)

(1) All amounts are net of tax. Amounts in parentheses indicate debits.

(2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details.

Reclassifications Out of Accumulated Other Comprehensive Income (1)
(In thousands)
Details about Accumulated Other Comprehensive Income Components	Amount Reclassified from Accumulated Other Comprehensive Income			Affected Line Item in the Statement Where Net Income is Presented
Gains and losses on cash flow hedges
Interest rate contracts	$	10,160		Net effect of swaps
	$	10,160		Total before tax
	(1,536		)	Provision (benefit) for taxes
	$	8,624		Net of tax

(1) Amounts in parentheses indicate debits.

21

(13) Consolidating Financial Information of Guarantors and Issuers:

Cedar Fair, L.P., Canada's Wonderland Company ("Cedar Canada"), and Magnum Management Corporation ("Magnum") are the co-issuers of the Partnership's 9.125% notes and the 5.25% notes (see Note 5). The notes have been fully and unconditionally guaranteed, on a joint and several basis, by each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum) that guarantees the Partnership's senior secured credit facilities. There are no non-guarantor subsidiaries.

The following consolidating schedules present condensed financial information for Cedar Fair, L.P., Cedar Canada, and Magnum, the co-issuers, and each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum), the guarantors (on a combined basis), as of June 30, 2013, December 31, 2012, and July 1, 2012 and for the three, six and twelve month periods ended June 30, 2013 and July 1, 2012. In lieu of providing separate unaudited financial statements for the guarantor subsidiaries, we have included the accompanying condensed consolidating financial statements.

Since Cedar Fair, L.P., Cedar Canada and Magnum are co-issuers of the notes and co-borrowers under the 2013 Credit Agreement, all outstanding debt has been equally reflected within each co-issuer's June 30, 2013, December 31, 2012 and July 1, 2012 balance sheets in the accompanying condensed consolidating financial statements.

The consolidating financial information has been corrected for the information described in Note 11.

22

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	21,745	$	27,904	$	(6,021	)	$	43,628
Receivables	2,960		89,760		86,590		517,925		(630,036		)	67,199
Inventories	—		4,639		4,182		36,631		—			45,452
Current deferred tax asset	—		23,822		816		3,664		—			28,302
Prepaid advertising	—		9,181		1,579		5,854		—			16,614
Other current assets	620		2,259		487		13,908		—			17,274
	3,580		129,661		115,399		605,886		(636,057		)	218,469
Property and Equipment (net)	463,783		994		250,249		835,875		—			1,550,901
Investment in Park	447,080		735,017		129,942		38,992		(1,351,031		)	—
Goodwill	9,061		—		119,201		111,218		—			239,480
Other Intangibles, net	—		—		16,880		22,839		—			39,719
Deferred Tax Asset	—		34,028		—		90		(34,118		)	—
Intercompany Receivable	874,125		1,123,159		1,165,828		—		(3,163,112		)	—
Other Assets	13,605		9,382		7,112		2,227		—			32,326
	$	1,811,234	$	2,032,241	$	1,804,611	$	1,617,127	$	(5,184,318	)	$	2,080,895
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	6,300	$	6,300	$	6,300	$	—	$	(12,600	)	$	6,300
Accounts payable	155,522		208,924		7,971		285,379		(623,457		)	34,339
Deferred revenue	—		—		18,719		113,646		—			132,365
Accrued interest	5,189		3,563		15,192		—		—			23,944
Accrued taxes	6,534		458		181		2,848		—			10,021
Accrued salaries, wages and benefits	1		18,642		2,153		9,100		—			29,896
Self-insurance reserves	—		5,535		1,727		17,330		—			24,592
Other accrued liabilities	860		4,421		715		2,793		—			8,789
	174,406		247,843		52,958		431,096		(636,057		)	270,246
Deferred Tax Liability	—		—		61,544		126,866		(34,118		)	154,292
Derivative Liability	16,039		10,733		—		—		—			26,772
Other Liabilities	—		5,296		—		3,500		—			8,796
Long-Term Debt:
Revolving credit loans	58,000		58,000		58,000		—		(116,000		)	58,000
Term debt	622,125		622,125		622,125		—		(1,244,250		)	622,125
Notes	901,431		901,431		901,431		—		(1,802,862		)	901,431
	1,581,556		1,581,556		1,581,556		—		(3,163,112		)	1,581,556
Equity	39,233		186,813		108,553		1,055,665		(1,351,031		)	39,233
	$	1,811,234	$	2,032,241	$	1,804,611	$	1,617,127	$	(5,184,318	)	$	2,080,895

23

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2012

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	25,000	$	444	$	50,173	$	3,213	$	—		$	78,830
Receivables	4		101,093		71,099		498,555		(652,559		)	18,192
Inventories	—		1,724		2,352		23,764		—			27,840
Current deferred tax asset	—		3,705		816		3,663		—			8,184
Other current assets	563		17,858		530		5,490		(16,381		)	8,060
	25,567		124,824		124,970		534,685		(668,940		)	141,106
Property and Equipment (net)	439,506		1,013		268,157		835,596		—			1,544,272
Investment in Park	485,136		772,183		115,401		53,790		(1,426,510		)	—
Goodwill	9,061		—		125,942		111,218		—			246,221
Other Intangibles, net	—		—		17,835		22,817		—			40,652
Deferred Tax Asset	—		36,443		—		90		(36,533		)	—
Intercompany Receivable	877,612		1,070,125		1,116,623		—		(3,064,360		)	—
Other Assets	22,048		14,832		8,419		2,315		—			47,614
	$	1,858,930	$	2,019,420	$	1,777,347	$	1,560,511	$	(5,196,343	)	$	2,019,865
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Accounts payable	$	147,264	$	213,279	$	16,101	$	286,649	$	(652,559	)	$	10,734
Deferred revenue	—		—		4,996		34,489		—			39,485
Accrued interest	98		64		15,350		—		—			15,512
Accrued taxes	4,518		—		6,239		23,437		(16,381		)	17,813
Accrued salaries, wages and benefits	—		17,932		1,214		5,690		—			24,836
Self-insurance reserves	—		5,528		1,754		16,624		—			23,906
Other accrued liabilities	1,110		2,502		140		2,164		—			5,916
	152,990		239,305		45,794		369,053		(668,940		)	138,202
Deferred Tax Liability	—		—		63,460		126,865		(36,533		)	153,792
Derivative Liability	19,309		12,951		—		—		—			32,260
Other Liabilities	—		5,480		—		3,500		—			8,980
Long-Term Debt:
Term debt	1,131,100		1,131,100		1,131,100		—		(2,262,200		)	1,131,100
Notes	401,080		401,080		401,080		—		(802,160		)	401,080
	1,532,180		1,532,180		1,532,180		—		(3,064,360		)	1,532,180
Equity	154,451		229,504		135,913		1,061,093		(1,426,510		)	154,451
	$	1,858,930	$	2,019,420	$	1,777,347	$	1,560,511	$	(5,196,343	)	$	2,019,865

24

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	13,974	$	27,476	$	(5,521	)	$	35,929
Receivables	—		71,210		64,931		436,324		(529,512		)	42,953
Inventories	—		4,861		4,663		41,712		—			51,236
Current deferred tax asset	—		6,239		772		3,334		—			10,345
Prepaid advertising	—		10,181		596		5,473		—			16,250
Income tax refundable	—		—		10,083		—		—			10,083
Other current assets	800		2,971		908		4,660		—			9,339
	800		95,462		95,927		518,979		(535,033		)	176,135
Property and Equipment (net)	465,146		1,025		272,511		882,682		—			1,621,364
Investment in Park	471,253		701,181		114,053		21,834		(1,308,321		)	—
Intercompany Note Receivable	—		86,362		—		—		(86,362		)	—
Goodwill	9,061		—		122,960		111,218		—			243,239
Other Intangibles, net	—		—		17,412		22,837		—			40,249
Deferred Tax Asset	—		43,471		—		—		(43,471		)	—
Intercompany Receivable	880,971		1,186,016		1,236,507		—		(3,303,494		)	—
Other Assets	24,678		16,454		9,010		2,400		—			52,542
	$	1,851,909	$	2,129,971	$	1,868,380	$	1,559,950	$	(5,276,681	)	$	2,133,529
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Accounts payable	$	108,234	$	233,508	$	14,320	$	217,263	$	(535,033	)	$	38,292
Deferred revenue	—		—		19,946		88,521		—			108,467
Accrued interest	481		195		15,353		—		—			16,029
Accrued taxes	7,083		571		59		3,027		—			10,740
Accrued salaries, wages and benefits	1		26,108		2,410		9,190		—			37,709
Self-insurance reserves	—		4,280		1,771		17,147		—			23,198
Other accrued liabilities	953		4,489		935		2,275		—			8,652
	116,752		269,151		54,794		337,423		(535,033		)	243,087
Deferred Tax Liability	—		—		58,162		119,417		(43,471		)	134,108
Derivative Liability	21,090		14,056		—		—		—			35,146
Other Liabilities	—		3,621		—		3,500		—			7,121
Intercompany Note Payable	—		—		—		86,362		(86,362		)	—
Long-Term Debt:
Revolving credit loans	111,000		111,000		111,000		—		(222,000		)	111,000
Term debt	1,140,100		1,140,100		1,140,100		—		(2,280,200		)	1,140,100
Notes	400,647		400,647		400,647		—		(801,294		)	400,647
	1,651,747		1,651,747		1,651,747		—		(3,303,494		)	1,651,747
Equity	62,320		191,396		103,677		1,013,248		(1,308,321		)	62,320
	$	1,851,909	$	2,129,971	$	1,868,380	$	1,559,950	$	(5,276,681	)	$	2,133,529

25

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	43,925		$	85,358		$	34,954		$	326,473		$	(129,090	)	$	361,620
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			2,994			28,059			—			31,053
Operating expenses	1,408			52,246			15,586			201,134			(129,090		)	141,284
Selling, general and administrative	1,222			26,888			3,868			13,789			—			45,767
Depreciation and amortization	12,891			9			6,818			26,314			—			46,032
Loss on impairment / retirement of fixed assets, net	—			—			—			29			—			29
	15,521			79,143			29,266			269,325			(129,090		)	264,165
Operating income	28,404			6,215			5,688			57,148			—			97,455
Interest expense (income), net	10,210			7,246			9,843			(1,507		)	—			25,792
Net effect of swaps	(1,378		)	(895		)	—			—			—			(2,273		)
Unrealized / realized foreign currency loss	—			—			14,886			—			—			14,886
Other (income) expense	187			(2,128		)	583			1,358			—			—
(Income) loss from investment in affiliates	(30,875		)	(15,540		)	(8,232		)	4,649			49,998			—
Net income (loss) before taxes	50,260			17,532			(11,392		)	52,648			(49,998		)	59,050
Provision (benefit) for taxes	2,870			684			(6,732		)	14,838			—			11,660
Net income (loss)	$	47,390		$	16,848		$	(4,660	)	$	37,810		$	(49,998	)	$	47,390
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592			—			1,592			—			(1,592		)	1,592
Unrealized income on cash flow hedging derivatives	1,679			503			—			—			(503		)	1,679
Other comprehensive income, (net of tax)	3,271			503			1,592			—			(2,095		)	3,271
Total Comprehensive (Income) loss	$	50,661		$	17,351		$	(3,068	)	$	37,810		$	(52,093	)	$	50,661

26

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	43,745		$	77,510		$	41,841		$	315,637		$	(121,127	)	$	357,606
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,541			28,945			—			32,486
Operating expenses	1,438			52,584			15,935			197,406			(121,127		)	146,236
Selling, general and administrative	1,656			24,525			4,295			14,035			—			44,511
Depreciation and amortization	13,531			9			6,985			27,384			—			47,909
Loss (gain) on impairment / retirement of fixed assets, net	(861		)	—			(1		)	—			—			(862		)
	15,764			77,118			30,755			267,770			(121,127		)	270,280
Operating income	27,981			392			11,086			47,867			—			87,326
Interest expense, net	13,067			8,084			10,598			(1,515		)	—			30,234
Net effect of swaps	(104		)	(69		)	—			—			—			(173		)
Unrealized / realized foreign currency gain	—			—			9,301			—			—			9,301
Other (income) expense	188			(2,041		)	512			1,341			—			—
Income from investment in affiliates	(24,476		)	(16,973		)	(6,955		)	(260		)	48,664			—
Income (loss) before taxes	39,306			11,391			(2,370		)	48,301			(48,664		)	47,964
Provision (benefit) for taxes	2,723			(1,876		)	(1,322		)	11,856			—			11,381
Net income (loss)	$	36,583		$	13,267		$	(1,048	)	$	36,445		$	(48,664	)	$	36,583
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	481			—			481			—			(481		)	481
Unrealized income on cash flow hedging derivatives	(2,370		)	(775		)	—			—			775			(2,370		)
Other comprehensive income (loss), (net of tax)	(1,889		)	(775		)	481			—			294			(1,889		)
Total Comprehensive Income (Loss)	$	34,694		$	12,492		$	(567	)	$	36,445		$	(48,370	)	$	34,694

27

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Six Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	48,243		$	93,729		$	35,243		$	367,983		$	(141,779	)	$	403,419
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			2,994			33,096			—			36,090
Operating expenses	2,831			73,852			21,527			261,510			(141,779		)	217,941
Selling, general and administrative	2,514			43,501			4,579			16,212			—			66,806
Depreciation and amortization	13,366			18			6,818			30,616			—			50,818
Loss on impairment / retirement of fixed assets, net	36			—			478			115			—			629
	18,747			117,371			36,396			341,549			(141,779		)	372,284
Operating income (loss)	29,496			(23,642		)	(1,153		)	26,434			—			31,135
Interest expense (income), net	20,722			14,923			19,607			(3,737		)	—			51,515
Net effect of swaps	4,257			2,681			—			—			—			6,938
Loss on early debt extinguishment	21,175			12,781			617			—			—			34,573
Unrealized / realized foreign currency loss	—			—			23,844			—			—			23,844
Other (income) expense	375			(4,516		)	1,383			2,758			—			—
(Income) loss from investment in affiliates	41,221			20,100			(4,712		)	25,876			(82,485		)	—
Income (loss) before taxes	(58,254		)	(69,611		)	(41,892		)	1,537			82,485			(85,735		)
Provision (benefit) for taxes	3,482			(16,981		)	(15,986		)	5,486			—			(23,999		)
Net income (loss)	(61,736		)	(52,630		)	(25,906		)	(3,949		)	82,485			(61,736		)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,893			—			1,893			—			(1,893		)	1,893
Unrealized income (loss) on cash flow hedging derivatives	10,564			3,038			—			—			(3,038		)	10,564
Other comprehensive income (loss), (net of tax)	12,457			3,038			1,893			—			(4,931		)	12,457
Total Comprehensive Income (Loss)	$	(49,279	)	$	(49,592	)	$	(24,013	)	$	(3,949	)	$	77,554		$	(49,279	)

28

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Six Months Ended July 1, 2012(As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	45,201		$	80,087		$	42,107		$	343,569		$	(125,160	)	$	385,804
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,541			33,032			—			36,573
Operating expenses	2,773			73,020			21,592			245,296			(125,160		)	217,521
Selling, general and administrative	2,988			38,221			5,055			16,231			—			62,495
Depreciation and amortization	14,227			18			6,985			30,758			—			51,988
Loss (gain) on impairment / retirement of fixed assets, net	(779		)	—			9			—			—			(770		)
	19,209			111,259			37,182			325,317			(125,160		)	367,807
Operating income (loss)	25,992			(31,172		)	4,925			18,252			—			17,997
Interest expense, net	24,225			14,699			21,001			(2,904		)	—			57,021
Net effect of swaps	69			263			(1,475		)	—			—			(1,143		)
Unrealized / realized foreign currency loss	—			—			1,109			—			—			1,109
Other (income) expense	375			(5,076		)	709			3,992			—			—
(Income) loss from investment in affiliates	26,015			6,477			(3,541		)	6,803			(35,754		)	—
Income (loss) before taxes	(24,692		)	(47,535		)	(12,878		)	10,361			35,754			(38,990		)
Provision (benefit) for taxes	4,140			(13,548		)	(3,656		)	2,906			—			(10,158		)
Net income (loss)	$	(28,832	)	$	(33,987	)	$	(9,222	)	$	7,455		$	35,754		$	(28,832	)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(688		)	—			(688		)	—			688			(688		)
Unrealized income on cash flow hedging derivatives	(2,031		)	(677		)	21			—			656			(2,031		)
Other comprehensive income (loss), (net of tax)	(2,719		)	(677		)	(667		)	—			1,344			(2,719		)
Total Comprehensive Income (loss)	$	(31,551	)	$	(34,664	)	$	(9,889	)	$	7,455		$	37,098		$	(31,551	)

29

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

For the Twelve Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	148,757		$	271,778		$	133,554		$	952,082		$	(420,102	)	$	1,086,069
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			9,769			84,796			—			94,565
Operating expenses	5,438			177,188			47,798			641,501			(420,102		)	451,823
Selling, general and administrative	6,021			91,895			10,659			34,047			—			142,622
Depreciation and amortization	36,799			40			18,032			70,265			—			125,136
(Gain) on sale of other assets	—			—			—			(6,625		)	—			(6,625		)
Loss on impairment / retirement of fixed assets, net	25,950			—			475			5,310			—			31,735
	74,208			269,123			86,733			829,294			(420,102		)	839,256
Operating income	74,549			2,655			46,821			122,788			—			246,813
Interest (income) expense, net	45,022			29,552			39,476			(9,005		)	—			105,045
Net effect of swaps	4,050			2,539			—			—			—			6,589
Loss on early debt extinguishment	21,175			12,781			617			—			—			34,573
Unrealized / realized foreign currency loss	—			—			13,737			—			—			13,737
Other (income) expense	749			(8,947		)	2,694			5,504			—			—
Income from investment in affiliates	(74,816		)	(52,527		)	(15,768		)	(12,687		)	155,798			—
Income before taxes	78,369			19,257			6,065			138,976			(155,798		)	86,869
Provision (benefit) for taxes	9,417			(13,289		)	(8,917		)	30,706			—			17,917
Net income	$	68,952		$	32,546		$	14,982		$	108,270		$	(155,798	)	$	68,952
Other comprehensive income, (net of tax):
Cumulative foreign currency translation adjustment	2,950			—			2,950			—			(2,950		)	2,950
Unrealized income on cash flow hedging derivatives	12,735			3,635			—			—			(3,635		)	12,735
Other comprehensive income, (net of tax)	15,685			3,635			2,950			—			(6,585		)	15,685
Total Comprehensive Income	$	84,637		$	36,181		$	17,932		$	108,270		$	(162,383	)	$	84,637

30

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Twelve Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	150,783		$	267,882		$	138,595		$	963,915		$	(418,258	)	$	1,102,917
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			10,743			86,664			—			97,407
Operating expenses	5,341			175,593			47,795			647,795			(418,258		)	458,266
Selling, general and administrative	6,309			88,725			11,892			37,847			—			144,773
Depreciation and amortization	38,843			42			17,976			73,555			—			130,416
Loss (gain) on impairment / retirement of fixed assets, net	15			—			(52		)	10,426			—			10,389
	50,508			264,360			88,354			856,287			(418,258		)	841,251
Operating income	100,275			3,522			50,241			107,628			—			261,666
Interest expense, net	61,742			24,419			48,119			(3,440		)	—			130,840
Net effect of swaps	(9,027		)	(121		)	(5,569		)	—			—			(14,717		)
Unrealized / realized foreign currency loss	—			—			14,863			—			—			14,863
Other (income) expense	533			(9,873		)	1,602			7,520			—			(218		)
(Income) loss from investment in affiliates	(80,137		)	(28,421		)	(6,557		)	6,067			109,048			—
Income (loss) before taxes	127,164			17,518			(2,217		)	97,481			(109,048		)	130,898
Provision (benefit) for taxes	10,056			(26,630		)	7,042			23,322			—			13,790
Net income (loss)	$	117,108		$	44,148		$	(9,259	)	$	74,159		$	(109,048	)	$	117,108
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	733			—			733			—			(733		)	733
Unrealized income (loss) on cash flow hedging derivatives	(3,854		)	(4,884		)	21			—			4,863			(3,854		)
Other comprehensive income (loss), (net of tax)	(3,121		)	(4,884		)	754			—			4,130			(3,121		)
Total Comprehensive Income (Loss)	$	113,987		$	39,264		$	(8,505	)	$	74,159		$	(104,918	)	$	113,987

31

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	4,808		$	(30,371	)	$	(4,856	)	$	44,138		$	68,837		$	82,556
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	38,056			37,167			(18,274		)	17,909			(74,858		)	—
Capital expenditures	(38,398		)	—			(3,435		)	(37,356		)	—			(79,189		)
Net cash from (for) investing activities	(342		)	37,167			(21,709		)	(19,447		)	(74,858		)	(79,189		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	58,000			—			—			—			—			58,000
Term debt borrowings	359,022			256,500			14,478			—			—			630,000
Note borrowings	294,897			205,103			—			—			—			500,000
Payment of debt issuance costs	(14,312		)	(8,014		)	(438		)	—			—			(22,764		)
Term debt payments, including early termination penalties	(655,723		)	(462,438		)	(14,514		)	—			—			(1,132,675		)
Distributions (paid) received	(71,350		)	1,711			—			—			—			(69,639		)
Exercise of limited partnership unit options	—			28			—			—			—			28
Excess tax benefit from unit-based compensation expense	—			(130		)	—			—			—			(130		)
Net cash from (for) financing activities	(29,466		)	(7,240		)	(474		)	—			—			(37,180		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(1,389		)	—			—			(1,389		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(25,000		)	(444		)	(28,428		)	24,691			(6,021		)	(35,202		)
Balance, beginning of period	25,000			444			50,173			3,213			—			78,830
Balance, end of period	$	—		$	—		$	21,745		$	27,904		$	(6,021	)	$	43,628

32

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)				Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	(75,559	)	$	47,309			$	(12,724	)	$	44,638		$	60,941		$	64,605
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	41,361			11,532				(415		)	13,984			(66,462		)	—
Sale of other assets	1,173			—				—			—			—			1,173
Capital expenditures	(24,266		)	—				(13,478		)	(27,136		)	—			(64,880		)
Net cash from (for) investing activities	18,268			11,532				(13,893		)	(13,152		)	(66,462		)	(63,707		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	111,000			—				—			—			—			111,000
Derivative settlement	—			—				(50,450		)	—			—			(50,450		)
Term debt payments, including early termination penalties	(9,259		)	(6,536		)		(205		)	—			—			(16,000		)
Intercompany (payments) receipts	—			7,482				—			(7,482		)	—			—
Distributions (paid) received	(44,450		)	92				—			—			—			(44,358		)
Capital (contribution) infusion	—			(60,000		)	—	60,000			—			—			—
Exercise of limited partnership unit options	—			47				—			—			—			47
Excess tax benefit from unit-based compensation	—			(438		)		—			—			—			(438		)
Net cash from (for) financing activities	57,291			(59,353		)		9,345			(7,482		)	—			(199		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—				(294		)	—			—			(294		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			(512		)		(17,566		)	24,004			(5,521		)	405
Balance, beginning of period	—			512				31,540			3,472			—			35,524
Balance, end of period	$	—		$	—			$	13,974		$	27,476		$	(5,521	)	$	35,929

33

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Twelve Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	210,085		$	(47,009	)	$	29,440		$	140,865		$	(30,675	)	$	302,706
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	27,874			(30,140		)	(15,735		)	(12,174		)	30,175			—
Sale of other assets	—			—			—			14,885			—			14,885
Capital expenditures	(47,797		)	(8		)	(4,404		)	(56,786		)	—			(108,995		)
Net cash for investing activities	(19,923		)	(30,148		)	(20,139		)	(54,075		)	30,175			(94,110		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	(53,000		)	—			—			—			—			(53,000		)
Term debt borrowings	359,022			256,500			14,478			—			—			630,000
Note borrowings	294,897			205,103			—			—			—			500,000
Intercompany term debt (payments) receipts	—			86,362			—			(86,362		)	—			—
Term debt payments, including early termination penalties	(660,931		)	(466,114		)	(14,630		)	—			—			(1,141,675		)
Distributions (paid) received	(115,839		)	1,746			—			—			—			(114,093		)
Exercise of limited partnership unit options	—			57			—			—			—			57
Payment of debt issuance costs	(14,311		)	(8,014		)	(433		)	—			—			(22,758		)
Excess tax benefit from unit-based compensation expense	—			1,517			—			—			—			1,517
Net cash from (for) financing activities	(190,162		)	77,157			(585		)	(86,362		)	—			(199,952		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(945		)	—			—			(945		)
CASH AND CASH EQUIVALENTS
Net increase for the period	—			—			7,771			428			(500		)	7,699
Balance, beginning of period	—			—			13,974			27,476			(5,521		)	35,929
Balance, end of period	$	—		$	—		$	21,745		$	27,904		$	(6,021	)	$	43,628

34

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Twelve Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	146,874		$	(73,709	)	$	24,332		$	223,401		$	(63,983	)	$	256,915
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	(31,801		)	(37,181		)	(579		)	11,099			58,462			—
Sale of other assets	1,173			—			—			—			—			1,173
Capital expenditures	(36,852		)	—			(25,832		)	(40,701		)	—			(103,385		)
Net cash from (for) investing activities	(67,480		)	(37,181		)	(26,411		)	(29,602		)	58,462			(102,212		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings (payments) on revolving credit loans	26,000			—			—			—			—			26,000
Intercompany term debt (payments) receipts	—			183,138			—			(183,138		)	—			—
Term debt payments, including early termination penalties	(21,383		)	(15,094		)	(473		)	—			—			(36,950		)
Derivative settlement	—			—			(50,450		)	—			—			(50,450		)
Distributions (paid) received	(90,011		)	269			—			—			—			(89,742		)
Capital (contribution) infusion	—			(60,000		)	60,000			—			—			—
Payment of debt issuance costs	—			—			(723		)	—			—			(723		)
Exercise of limited partnership unit options	—			53			—			—			—			53
Excess tax benefit from unit-based compensation	—			(438		)	—			—			—			(438		)
Net cash from (for) financing activities	(85,394		)	107,928			8,354			(183,138		)	—			(152,250		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(2,203		)	—			—			(2,203		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(6,000		)	(2,962		)	4,072			10,661			(5,521		)	250
Balance, beginning of period	6,000			2,962			9,902			16,815			—			35,679
Balance, end of period	$	—		$	—		$	13,974		$	27,476		$	(5,521	)	$	35,929

35

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Business Overview:

We generate our revenues primarily from sales of (1) admission to our parks, (2) food, merchandise and games inside our parks, and (3) hotel rooms, food and other attractions outside our parks. Our principal costs and expenses, which include salaries and wages, advertising, maintenance, operating supplies, utilities and insurance, are relatively fixed and do not vary significantly with attendance.

Each of our properties is overseen by a park general manager and operates autonomously. Management reviews operating results, evaluates performance and makes operating decisions, including allocating resources on a property-by-property basis.

Aside from attendance and guest per capita statistics, discrete financial information and operating results are not prepared at the regional level, but rather at the individual park level for use by the CEO, who is the Chief Operating Decision Maker (CODM), as well as by the Chief Financial Officer, the Chief Operating Officer, the Executive Vice President - Operations, and the park general managers.

Critical Accounting Policies:

Management’s discussion and analysis of financial condition and results of operations is based upon our unaudited condensed consolidated financial statements, which were prepared in accordance with accounting principles generally accepted in the United States of America. These principles require us to make judgments, estimates and assumptions during the normal course of business that affect the amounts reported in the unaudited condensed consolidated financial statements. Actual results could differ significantly from those estimates under different assumptions and conditions.

Management believes that judgment and estimates related to the following critical accounting policies could materially affect our consolidated financial statements:

•Property and Equipment

•Impairment of Long-Lived Assets

•Goodwill and Other Intangible Assets

•Self-Insurance Reserves

•Derivative Financial Instruments

•Revenue Recognition

• Income Taxes

In the second quarter of 2013, there were no changes in the above critical accounting policies previously disclosed in our Annual Report on Form 10-K/A for the year ended December 31, 2012 except as noted below.

Change in Depreciation Method

Effective January 1, 2013, the Partnership changed its method of depreciation for the group of assets acquired as a whole in 1983, as well as for the groups of like assets of each subsequent business acquisition from the composite method to the unit method.

Historically, the Partnership had used the composite depreciation method for land improvements, buildings, rides and equipment for the group of assets acquired as a whole in 1983, as well as for the group of like assets of each subsequent business acquisition. The unit method was only used for all individual assets purchased. Under the composite depreciation method, assets with similar estimated lives are grouped together and the several pools of assets are depreciated on an aggregate basis. No gain or loss is recognized on normal retirements of composite assets. Instead, the net book value of a retired asset reduces accumulated depreciation for the composite group. Unusual retirements of composite assets could result in the recognition of a gain or loss. Under the unit method of depreciation, individual assets are depreciated over their estimated useful lives, with gains and losses on all asset retirements recognized currently in income.

In order to improve comparability and enhance the level of precision associated with allocating historical cost, the Partnership had determined that it was preferable to change from the composite method of depreciation to the unit method of depreciation for

36

all assets. The Partnership believes that pursuant to generally accepted accounting principles, changing from the composite method of depreciation to the unit method of depreciation is a change in accounting estimate that is effected by a change in accounting principle, which should be accounted for prospectively. This prospective application will result in the discontinuance of the composite method of depreciation for all prior acquisitions with the existing net book value of each composite pool allocated to the remaining individual assets (units) in that pool with each unit assigned an appropriate remaining useful life on an individual unit basis. Assigning a useful life to each unit in the various composite pools had an insignificant effect on the weighted average useful lives of all assets that were previously accounted for under the composite method.

The change in depreciation method had an immaterial impact on the Condensed Consolidated Financial Statements for the quarter ended June 30, 2013.Future asset retirements could have a material impact on the Condensed Consolidated Financial Statements in the periods such items occur.

Adjusted EBITDA:

We believe that Adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, other non-cash items, and adjustments as defined in the 2013 Credit Agreement) is a meaningful measure of park-level operating profitability because we use it for measuring returns on capital investments, evaluating potential acquisitions, determining awards under incentive compensation plans, and calculating compliance with certain loan covenants. Adjusted EBITDA is provided in the discussion of results of operations that follows as a supplemental measure of our operating results and is not intended to be a substitute for operating income, net income or cash flows from operating activities as defined under generally accepted accounting principles. In addition, Adjusted EBITDA may not be comparable to similarly titled measures of other companies.

The table below sets forth a reconciliation of Adjusted EBITDA to net income for the three-, six- and twelve-month periods ended June 30, 2013 and July 1, 2012.

	Three months ended						Six months ended						Twelve months ended
	6/30/2013			7/1/2012			6/30/2013			7/1/2012			6/30/2013			7/1/2012
	(13 weeks)			(14 weeks)			(26 weeks)			(26 weeks)			(52 weeks)			(53 weeks)
				(As restated)						(As restated)						(As restated)
	(In thousands)
Net income (loss)	$	47,390		$	36,583		$	(61,736	)	$	(28,832	)	$	68,952		$	117,108
Interest expense	25,861			30,236			51,624			57,039			105,204			130,927
Interest income	(69		)	(2		)	(109		)	(18		)	(159		)	(87		)
Provision (benefit) for taxes	11,660			11,381			(23,999		)	(10,158		)	17,917			13,790
Depreciation and amortization	46,032			47,909			50,818			51,988			125,136			130,416
EBITDA	130,874			126,107			16,598			70,019			317,050			392,154
Loss on early extinguishment of debt	—			—			34,573			—			34,573			—
Net effect of swaps	(2,273		)	(173		)	6,938			(1,143		)	6,589			(14,717		)
Unrealized foreign currency loss	14,875			8,878			23,756			629			13,946			14,549
Non-cash equity expense	869			568			3,802			2,268			4,799			2,257
Loss (gain) on impairment/retirement of fixed assets, net	29			(862		)	629			(770		)	31,735			10,389
Gain on sale of other assets	—			—			—			—			(6,625		)	—
Terminated merger costs	—			—			—			—			—			150
Refinancing costs	—			—			—			—			—			(195		)
Other non-recurring items (as defined)	(297		)	444			508			2,165			2,523			6,420
Adjusted EBITDA (1)	$	144,077		$	134,962		$	86,804		$	73,168		$	404,590		$	411,007
(1) As permitted by and defined in the 2013 Credit Agreement

37

Results of Operations:

Restatement -

We have made the following correction relating to our use of the composite depreciation method.

This correction, which impacts the Balance Sheet at July 1, 2012 and the Statement of Operations and Other Comprehensive Income for the three, six, and 12 month periods ended July 1, 2012, reflects a subsequent determination that a disposition from our composite group of assets was considered to be unusual. In certain situations under the composite method, disposals are considered unusual and, accordingly, losses are not included in the composite depreciation pool but are rather charged immediately to expense. In 2013, the Partnership's initial determination of whether a specific asset retired under the composite method of depreciation in 2011 was normal was reviewed in connection with responding to an SEC comment letter. We ultimately concluded that such disposition was unusual and that an $8.8 millioncharge should have been reflected in the 2011 financial statements.

Six months ended June 30, 2013

The fiscal six-month period ended June 30, 2013, consisted of a 26-week period and included a total of 917 operating days compared with 26 weeks and 1,001 operating days for the fiscal six-month period ended July 1, 2012. The difference in operating days is due to the sale of a water park in the fourth quarter of 2012, as well as the combining of two parks, Worlds of Fun and Oceans of Fun, into one gate for 2013.

The following table presents key financial information for the six months ended June 30, 2013 and July 1, 2012:

	Six months ended		Six months ended			Increase (Decrease)
	6/30/2013		7/1/2012			$			%
	(26 weeks)		(26 weeks)
			(As restated)
	(Amounts in thousands)
Net revenues	$	403,419	$	385,804		$	17,615		4.6	%
Operating costs and expenses	320,837		316,589			4,248			1.3	%
Depreciation and amortization	50,818		51,988			(1,170		)	(2.3	)%
Loss (gain) on impairment / retirement of fixed assets	629		(770		)	1,399			N/M
Operating income	$	31,135	$	17,997		$	13,138		73.0	%
Other Data:
Adjusted EBITDA	$	86,804	$	73,168		$	13,636		18.6	%
Attendance	8,677		8,729			(52		)	(0.6	)%
Per capita spending	$	42.17	$	40.24		$	1.93		4.8	%
Out-of-park revenues	$	48,110	$	45,266		$	2,844		6.3	%

Net revenues for the six months ended June 30, 2013 increased $17.6 million to $403.4 million from $385.8 million during the six months ended July 1, 2012. The increase in revenues reflects a 5%, or $1.93, increase in average in-park guest per capita spending during the first six months of the year when compared with the first six months of 2012. In-park guest per capita spending represents the average amount spent per attendee to gain admission to a park plus all amounts spent while inside the park gates. The increase in per capita reflects a 4% increase in admissions per capita spending and a 5% increase in pure in-park spending, driven largely by improvements in our food and beverage programs and the expansion and continued success of our premium benefit offerings. Additionally, for the six-month period, out-of-park revenues increased 6%, or $2.8 million. Out-of-park revenues include the sale of hotel rooms, food, merchandise, and other complementary activities located outside of the park gates, as well as transaction fees from on-line product sales. The increase in out-of-park revenues was primarily driven by the strong performance of our resort properties, which saw us drive higher average daily room rates (ADR's) while maintaining or growing occupancy rates. The increase in overall net revenues also reflects a less than 1% decrease in attendance through the first six months of 2013 when compared with the same period a year ago. This decrease in attendance is attributable to the sale of the water park in the fourth quarter of 2012. Excluding the sale of the water park, attendance was comparable to the same period last year.

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Revenues for the first six months of the year also reflect the negative impact of exchange rates and the strengthening U.S. dollar on our Canadian operations ($0.2 million) during the period.

For the six-month period in 2013, operating costs and expenses increased 1%, or $4.2 million, to $320.8 million from $316.6 million for the same period in 2012, the net result of a $0.4 million increase in operating expenses and a $4.3 million increase in selling, general and administrative costs. These cost increases were offset slightly by a $0.5 million decrease in cost of goods sold during the period. The $0.4 million increase in operating expenses was due to an increase of approximately $1.5 million in labor costs and a $1.7 million increase in operating supplies. The increase in labor costs was primarily due to increased health-care insurance costs, while operating supplies increased due to new extra-charge attractions, uniforms, and expenses related to the premium benefit offerings. The increase in operating costs was somewhat offset by a reduction in insurance settlements and accruals. The $4.3 million increase in SG&A expenses was due primarily to additional marketing efforts and agency advertising costs, and increased full-time labor costs, largely related to full staffing levels and performance incentives.

Depreciation and amortization expense for the period decreased $1.2 million due to several significant assets being fully depreciated at the end of 2012. For the six-month period of 2013, the loss on impairment/retirement of fixed assets was $0.6 million, reflecting the retirement of assets during the period at several of our properties. After depreciation, amortization, loss (gain) on impairment / retirement of fixed assets, and all other non-cash costs, operating income for the period increased $13.1 million to $31.1 million in the first half of 2013 from operating income of $18.0 million in the first half of 2012.

Interest expense for the first half of 2013 was $51.6 million, a decrease of $5.4 million from the first half of 2012. The decrease in interest expense was due to the settlement of our Canadian cross-currency swaps in the first quarter of 2012, the decrease in non-cash amortization expense due to the prior credit agreement, and a decrease in revolver interest due to lower borrowings and a lower average cost due to the March 2013 refinancing.

The net effect of our swaps resulted in a non-cash charge to earnings of $6.9 million for the first half of 2013 compared with a $1.1 million non-cash benefit to earnings in the first half of 2012. The difference reflects the regularly scheduled amortization of amounts in AOCI related to interest rate swaps, the write off of amounts in AOCI related to de-designated interest rate swaps, as well as gains from marking the ineffective designated and de-designated swaps to market. During the current year-to-date period, we also recognized a $23.8 million net charge to earnings for unrealized/realized foreign currency gains, which represented unrealized foreign currency loss on the U.S.-dollar denominated debt held at our Canadian property. Additionally, due to our March 2013 refinancing, loan fees related to our 2010 and 2011 financings were written off, resulting in a $34.6 million charge to earnings in the current year-to-date period.

During the first half of 2013, a benefit for taxes of $24.0 million was recorded to account for publicly traded partnership (“PTP”) taxes and the tax attributes of our corporate subsidiaries. During the same six month period in 2012, a $10.2 million benefit for taxes was recorded. Actual cash taxes paid or payable are estimated to be between $14 and $17 million for the 2013 calendar year.

After interest expense and the benefit for taxes, the net loss for the six months ended June 30, 2013 totaled $61.7 million, or $1.11 per diluted limited partner unit, compared with a net loss of $28.8 million, or $0.52 per diluted unit, for the same period a year ago.

For the six-month period, Adjusted EBITDA (as defined in the 2013 Credit Agreement), which we believe is a meaningful measure of our park-level operating results, increased to $86.8 million compared with $73.2 million for the fiscal six-month period ended July 1, 2012. This increase was due to the continued success of our premium benefit offerings and admission sales program, offset slightly by an increase in employee related costs and advertising expenses.

Second Quarter -

The fiscal three-month period ended June 30, 2013, consisted of a 13-week period and included a total of 800 operating days compared with 14 weeks and 905 operating days for the fiscal three-month period ended July 1, 2012. The difference in operating days is due to the sale of a water park in the fourth quarter of 2012 as well as the combining of Worlds of Fun and Oceans of Fun into one gate during 2013.

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The following table presents key financial information for the three months ended June 30, 2013 and July 1, 2012:

	Three months ended		Three months ended			Increase (Decrease)
	6/30/2013		7/1/2012			$			%
	(13 weeks)		(14 weeks)
			(As restated)
	(Amounts in thousands)
Net revenues	$	361,620	$	357,606		$	4,014		1.1	%
Operating costs and expenses	218,104		223,233			(5,129		)	(2.3	)%
Depreciation and amortization	46,032		47,909			(1,877		)	(3.9	)%
Loss (gain) on impairment / retirement of fixed assets	29		(862		)	891			N/M
Operating income	$	97,455	$	87,326		$	10,129		11.6	%
Other Data:
Adjusted EBITDA	$	144,077	$	134,962		$	9,115		6.8	%
Attendance	7,872		8,225			(353		)	(4.3	)%
Per capita spending	$	42.36	$	40.32		$	2.04		5.1	%
Out-of-park revenues	$	37,576	$	35,878		$	1,698		4.7	%

For the quarter ended June 30, 2013, net revenues increased 1%, or $4.0 million, to $361.6 million from $357.6 million in the second quarter of 2012. This increase reflects a 5% increase in average in-park per capita spending and a 5%, or $1.7 million, increase in out-of park revenues, offset slightly by a decrease of 4% in combined attendance. The increase in per capita spending was the result of higher admissions pricing, improvements in our food and beverage programs, and the successful expansion of our in-park premium benefit offerings. The increase in out-of-park revenues was due to the strong performance of our resort properties. The decrease in attendance for the second quarter was the direct result of fewer operating days in the period, the shift of the Easter and Spring Break holidays to the first quarter of 2013, and unfavorable short-term weather trends.

Operating costs and expenses for the quarter decreased 2%, or $5.1 million, to $218.1 million from $223.2 million in the second quarter of 2012, the net result of a $1.4 million decrease in cost of goods sold, a $5.0 million decrease in operating expenses and a $1.3 million increase in SG&A costs. The decrease in cost of goods sold was primarily the result of successful cost-savings initiatives in food and beverage. The $5.0 million decrease in operating expenses was primarily due to lower employee-related costs and maintenance supplies and expenses. The decline in employee related costs was due to the one less week of operations during the second quarter of 2013 compared with the second quarter of 2012, as well as reduced expenses related to the sale of one of our water parks in November 2012. The decline in maintenance supplies was due to the timing of expenses due to the one less week in operations during the second quarter of 2013. The $1.3 million increase in SG&A costs was due to increases in employee-related costs and agency advertising costs, offset somewhat by a decline in professional and administrative costs. The increase in employee-related expenses was due to improvements in staffing levels across the company, as well as an increase in equity-related compensation due to unit price appreciation. Advertising costs increased as a result of additional marketing efforts in the period.

Depreciation and amortization expense for the quarter decreased $1.9 million primarily due to several significant assets reaching the end of their depreciable lives at the end of 2012. After depreciation, amortization, loss (gain) on impairment / retirement of fixed assets, and all other non-cash costs, operating income in the second quarter of 2013 increased $10.1 million to $97.4 million from operating income of $87.3 million in the second quarter of 2012.

Interest expense for the second quarter of 2013 was $25.9 million, representing a $4.4 million decrease from the interest expense for the second quarter of 2012. As mentioned in the six-month discussion above, interest expense decreased primarily due to a reduction in average revolver balance and lower average rates on the revolver, as well as a reduction in non-cash deferred loan fee amortization resulting from the write-off of fees related to our prior credit agreement.

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During the 2013 second quarter, the net effect of our swaps resulted in a $2.3 million non-cash benefit to earnings, compared to a non-cash benefit to earnings of $0.2 million in the second quarter of 2012. The net effect of swaps reflects the regularly scheduled amortization of amounts in AOCI related to the swaps and ineffective fair value movements in our derivative portfolio. During the 2013 second quarter, we also recognized a $14.9 million net charge to earnings for unrealized/realized foreign currency losses related to an unrealized foreign currency loss on the U.S.-dollar denominated debt held at our Canadian property.

During the quarter, a provision for taxes of $11.7 million was recorded to account for PTP taxes and the tax attributes of our corporate subsidiaries, compared to a provision for taxes of $11.4 million in the same period a year ago. After interest expense and the provision for taxes, net income for the quarter totaled $47.4 million, or $0.85 per diluted limited partner unit, compared with net income of $36.6 million, or $0.66 per diluted unit, for the second quarter a year ago.

For the current quarter, Adjusted EBITDA increased to $144.1 million from $135.0 million for the fiscal second quarter of 2012. The approximate $9.1 million increase in Adjusted EBITDA was primarily due to incremental revenues resulting primarily from higher average guest per capita spending, as well as increases in out-of-park revenues in the quarter. Adjusted EBITDA in the second quarter also benefited from a reduction in operating expenses in the period, due to one less week of operations and one less water park in operation.

Twelve Months Ended June 30, 2013 -

The fiscal twelve-month period ended June 30, 2013, consisted of a 52-week period and 2,298 operating days compared with 53 weeks and 2,492 operating days for the fiscal twelve-month period ended July 1, 2012. The difference in operating days was due primarily to an extra week of operations in the twelve month period ending July 1, 2012.

The following table presents key financial information for the twelve months ended June 30, 2013 and July 1, 2012:

	Twelve months ended			Twelve months ended			Increase (Decrease)
	6/30/2013			7/1/2012			$			%
	(52 weeks)			(53 weeks)
				(As restated)
	(Amounts in thousands)
Net revenues	$	1,086,069		$	1,102,917		$	(16,848	)	(1.5	)%
Operating costs and expenses	689,010			700,446			(11,436		)	(1.6	)%
Depreciation and amortization	125,136			130,416			(5,280		)	(4.0	)%
(Gain) on sale of other assets	(6,625		)	—			(6,625		)	N/M
Loss on impairment/retirement of fixed assets	31,735			10,389			21,346			N/M
Operating income	$	246,813		$	261,666		$	(14,853	)	(5.7	)%
N/M - Not meaningful
Other Data:
Adjusted EBITDA	$	404,590		$	411,007		$	(6,417	)	(1.6	)%
Adjusted EBITDA margin	37.3		%	37.3		%	—			—	%
Attendance	23,248			24,934			(1,686		)	(6.8	)%
Per capita spending	$	42.67		$	40.40		$	2.27		5.6	%
Out-of-park revenues	$	119,611		$	124,394		(4,783		)	(3.8	)%

Net revenues totaled $1,086.1 million for the twelve months ended June 30, 2013, decreasing $16.8 million, from $1,102.9 million for the trailing twelve months ended July 1, 2012. The 2% decrease in revenues for the twelve-month period was primarily due to the extra week of operations in the prior year's twelve month period. For the current twelve month period, in-park guest per capita spending increased 6%, on stronger admissions per capita spending and improved pure in-park spending, which was driven largely by improvements in our food and beverage programs and the expansion and continued success of our premium benefit offerings. Attendance for the period decreased between years due primarily to the extra week of operations in the twelve-month period ended July 1, 2012. The decrease in net revenues for the twelve months ended June 30, 2013 also reflects the negative impact of currency exchange rates and the weakening Canadian dollar on our Canadian operations (approximately $3.7 million) during the period.

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Operating costs and expenses decreased $11.4 million, or 2%, to $689.0 million, in large part due to one less week of operations in the current twelve-month period, and were in line with expectations. The decrease in costs and expenses reflects a $2.8 million decrease in cost of goods sold, a $6.4 million decrease in operating expenses, and a $2.2 decrease in SG&A costs. The overall decrease in costs and expenses also reflects the impact of exchange rates on our Canadian operations ($0.6 million) during the period.

Loss on impairment/retirement of fixed assets, net, during the period totaled $31.7 million, which reflects a non-cash charge of $25.0 million for the partial impairment of operating and non-operating assets at Wildwater Kingdom along with losses on other retirements. During the twelve-month period ended June 30, 2013, two non-core assets were sold at gains totaling $6.6 million. During the twelve-month period ended July 1, 2012, a charge of $10.4 million for the retirement of fixed assets was recorded, which includes the retirement of the asset as described in Note 11 to the financial statements.

Depreciation and amortization expense for the period decreased $5.3 million compared with the prior period due primarily to several significant assets being fully depreciated at the end of 2012. After depreciation and amortization, as well as impairment charges and all other non-cash costs, operating income for the current period decreased $14.9 million to $246.8 million from $261.7 million.

Interest expense for the twelve months ended June 30, 2013 decreased $25.7 million to $105.2 million, from $130.9 million for the same twelve-month period a year ago. The reduction in interest expense was primarily attributable to an approximate 300 basis point (bps) decline in our effective interest rate, the result of lower fixed rates on London InterBank Offered Rate (LIBOR) within our interest-rate swap contracts. Additionally during the current period, the average outstanding balance of the revolver, as well as the average borrowing rate on the revolver, both declined resulting in lower interest expense.

During the current twelve-month period, the net effect of our interest rate swaps was recorded as a charge to earnings of $6.6 million compared to a benefit to earnings of $14.7 million in the prior twelve-month period. The difference reflects the regularly scheduled amortization of amounts in AOCI and write-off of amounts related to de-designated swaps, which were offset by gains from marking the ineffective and de-designated swaps to market and foreign currency gains related to the U.S.-dollar denominated Canadian term loan in the current period. During the current period, we also recognized a $13.7 million charge to earnings for unrealized/realized foreign currency losses, which included a $13.9 million unrealized foreign currency loss on the U.S.-dollar denominated debt held at our Canadian property. Due to our March 2013 refinancing, loan fees that were paid as part of our 2010 and 2011 financings were written off, resulting in a $34.6 million non-cash charge to earnings recorded in "Loss on early debt extinguishment" on the consolidated statement of operations.

A provision for taxes of $17.9 million was recorded in the period for the tax attributes of our corporate subsidiaries and PTP taxes. This compares with a provision for taxes of $13.8 million in twelve-month period ended July 1, 2012 for the tax attributes of our corporate subsidiaries and PTP taxes.

After interest expense and provision for taxes, net income for the period totaled $69.0 million, or $1.24 per diluted limited partner unit, compared with net income of $117.1 million, or $2.10 per diluted unit, a year ago.

As discussed above, the current twelve-month results include one less week of operations due to the timing of the second quarter fiscal close. Comparing the twelve-month periods for both 2013 and 2012 on a 52-week basis, net revenues would be up approximately $37.3 million, or 4%, on increases in both average in-park guest per capita spending and out-of- park revenues, partially offset by a slight decline in attendance. The increase in average in-park guest per capita spending is primarily due to higher admissions per capita spending and improved pure in-park spending, which was driven largely by improvements in our food and beverage programs and the expansion and continued success of our premium benefit offerings. Out-of-park revenues would have increased $0.7 million primarily due to an increase in transaction fees from on-line ticket sales. Attendance for the comparable period would have decreased 404,000 visits, primarily due to soft attendance during the fourth quarter of 2012 compared with the fourth quarter of 2011.

On a comparable 52-week basis, operating costs and expenses would have increased approximately $10.1 million, the net result of a $1.7 million increase in cost of goods sold, a $7.4 million increase in operating expenses and a $1.0 million increase in SG&A costs. The increase in operating expenses was primarily attributable to an increase in employment-related expenses of $7.0 million, a $4.7 million increase in operating supply costs, a $1.9 million increase in property and other non-income taxes, and a $1.4 million increase in utility costs. Somewhat offsetting these operating-expense increases were decreases in maintenance expenses of $5.0 million and insurance expenses of $3.3 million. The increase in employment-related costs was largely due to higher benefit costs and increased seasonal labor hours resulting from expanded operating hours at several parks, the introduction of additional attractions and guest services at our parks. Operating supply costs increased due largely to the introduction of new extra-charge attractions and incremental expenses related to our expanded premium benefit offerings. Property taxes increased due to the timing

42

of the receipt of a refund at one of our parks in the trailing-twelve-month period ended July 1, 2012, while utility costs increased primarily due to rate increases and the addition of new rides and attractions at the parks. The increase in SG&A costs for the period reflects a $3.1 million increase in employment-related costs due to higher staffing levels and bonus plans tied to company performance, a $1.9 million increase in advertising costs related to the transition to a new advertising agency, and a $1.3 million increase in operating supplies, largely related to the expansion of our e-commerce platform. Somewhat offsetting these cost increases was a $4.6 million decrease in professional and administrative costs primarily due to reductions in litigation expenses and consulting fees in the period.

Adjusted EBITDA for the twelve-month period ended June 30, 2013, decreased $6.4 million, or 2%, to $404.6 million. This decrease was due to the one fewer operating week in the current twelve-month period. On a same-week basis, Adjusted EBITDA for the twelve-month period would have increased approximately $26.1 million, or 7%. On a same-week basis, our Adjusted EBITDA margin (Adjusted EBITDA divided by net revenues) increased 120 bps to 37.3% from 36.1% for the twelve-month period ended June 30, 2013, primarily due to an increase in revenues resulting from the continued success of our new premium benefit offerings and the admission pricing program combined with continued focus on controlling operating costs.

July 2013 -

Based on preliminary results, through August 4, 2013, net revenues were approximately $712 million, up 5%, or $36 million, compared with $676 million for the same period last year. The increase was a result of an approximate 5%, or $2.24, increase in average in-park guest per capita spending to $43.47, and a 7%, or $5 million increase in out-of-park revenues to $78 million. These increases were slightly offset by a less than one percent, or 52,000-visit, decrease in attendance to 15.0 million visits. Excluding the water park sold in 2012, attendance was up 1%, or 75,000 visits, when compared with this time last year.

Liquidity and Capital Resources:

With respect to both liquidity and cash flow, we ended the second quarter of 2013 in sound condition. The negative working capital ratio (current liabilities divided by current assets) of 1.2 at June 30, 2013 reflects the impact of our seasonal business. Cash, receivables and inventories are at normal seasonal levels and credit facilities are in place to fund current liabilities.

In July 2010, we issued $405 million of 9.125% senior unsecured notes, maturing in 2018, in a private placement, including $5.6 million of Original Issue Discount (OID) to yield 9.375%. Concurrently with this offering, we entered into a new $1,435 million credit agreement (the "2010 Credit Agreement"), which included a $1,175 million senior secured term loan facility and a $260 million senior secured revolving credit facility. The net proceeds from the offering of the notes, along with borrowings under the 2010 Credit Agreement, were used to repay in full all amounts outstanding under our previous credit facilities.

In February 2011, we amended the 2010 Credit Agreement (as so amended, the "Amended 2010 Credit Agreement") and extended the maturity date of the U.S. term loan portion of the credit facilities by one year. Under the Amended 2010 Credit Agreement, the extended U.S. term loan was scheduled to mature in December of 2017 and bore interest at a rate of LIBOR plus 300 bps, with a LIBOR floor of 100 bps.

The Amended 2010 Credit Agreement also included a $260 million revolving credit facility. Under the agreement, the Canadian portion of the revolving credit facility has a limit of $15 million. U.S. denominated loans made under the revolving credit facility bear interest at a rate of LIBOR plus 400 bps (with no LIBOR floor). Canadian denominated loans made under the Canadian portion of the facility also bear interest at a rate of LIBOR plus 400 bps (with no LIBOR floor). The revolving credit facility, was scheduled to mature in July of 2015, also provided for the issuance of documentary and standby letters of credit.

In March 2013,we issued $500 million of 5.25% senior unsecured notes, maturing in 2021, in a private placement, with no OID. Concurrently with this offering, we entered into a new $885 million credit agreement (the "2013 Credit Agreement"), which included a $630 million senior secured term loan facility and a $255 million senior secured revolving credit facility. The terms of the senior secured term loan facility include a maturity date of March 15, 2020 and an interest rate of LIBOR plus 250 bps with a LIBOR floor of 75 bps. The term loan amortizes at $6.3 million annually. The net proceeds from the notes and borrowings under the 2013 Credit Agreement were used to repay in full all amounts outstanding under the previous credit facilities. The facilities provided under the 2013 Credit Agreement are collateralized by substantially all of the assets of the Partnership.

Terms of the 2013 Credit Agreement include a revolving credit facility of a combined $255 million. Under the 2013 Credit Agreement, the Canadian portion of the revolving credit facility has a limit of $15 million. U.S. denominated and Canadian denominated loans made under the revolving credit facility bear interest at a rate of LIBOR plus 225 bps (with no LIBOR floor). The revolving credit facility is scheduled to mature in March 2018 and also provides for the issuance of documentary and standby

43

letters of credit. The 2013 Credit Agreement requires the Partnership to pay a commitment fee of 50 bps per annum on the unused portion of the credit facilities.

At the end of the quarter, we had a total of $628.4 million of variable-rate term debt (before giving consideration to fixed-rate interest rate swaps), $901.4 million of fixed-rate debt (including OID), $58.0 million outstanding borrowings under our revolving credit facility, and cash on hand of $43.6 million. After letters of credit, which totaled $16.4 million at June 30, 2013, we had $180.6 million of available borrowings under the revolving credit facility under the 2013 Credit Agreement.

Our $405 million of senior unsecured notes require semi-annual interest payments in February and August, with the principal due in full on August 1, 2018. The notes may be redeemed, in whole or in part, at any time prior to August 1, 2014 at a price equal to 100% of the principal amount of the notes redeemed plus a “make-whole” premium together with accrued and unpaid interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. Prior to August 1, 2013, up to 35% of the notes may be redeemed with the net cash proceeds of certain equity offerings at 109.125%. Our $500 million of senior unsecured notes pay interest semi-annually in March and September, with the principal due in full on March 15, 2021. The notes may be redeemed, in whole or in part, at any time prior to March 15, 2016 at a price equal to 100% of the principal amount of the notes redeemed plus a “make-whole” premium together with accrued and unpaid interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. Prior to March 15, 2016, up to 35% of the notes may be redeemed with the net cash proceeds of certain equity offerings at 105.25%.

In order to maintain fixed interest costs on a portion of our domestic term debt, in September 2010 we entered into several forward-starting swap agreements ("September 2010 swaps") to effectively convert a total of $600 million of variable-rate debt to fixed rates beginning in October 2011. As a result of the February 2011 amendment to the 2010 Credit Agreement, the LIBOR floor on the term loan portion of its credit facilities decreased to 100 bps from 150 bps, causing a mismatch in critical terms of the September 2010 swaps and the underlying debt. Because of the mismatch of critical terms, we determined the September 2010 swaps, which were originally designated as cash flow hedges, were no longer highly effective, resulting in the de-designation of the swaps as of the end of February 2011. As a result of this ineffectiveness, gains of $7.2 million recorded in AOCI through the date of de-designation are being amortized through December 2015.

In March 2011, we entered into several additional forward-starting basis-rate swap agreements ("March 2011 swaps") that, when combined with the September 2010 swaps, effectively converted $600 million of variable-rate debt to fixed rates beginning in October 2011. The September 2010 swaps and the March 2011 swaps, were jointly designated as cash flow hedges, maturing in December 2015 and had fixed LIBOR at a weighted average rate of 2.46%. For the period that the September 2010 swaps were de-designated, their fair value decreased by $3.3 million, the offset of which was recognized as a direct charge to earnings and recorded to “Net effect of swaps” on the consolidated statement of operations along with the regular amortization of “Other comprehensive income (loss)” balances related to these swaps. No other ineffectiveness related to these swaps was recorded in any period presented.

In May 2011, we entered into four additional forward-starting basis-rate swap agreements ("May 2011 swaps") that effectively converted another $200 million of variable-rate debt to fixed rates beginning in October 2011. These swaps, which were designated as cash flow hedges, mature in December 2015 and fixed LIBOR at a weighted average rate of 2.54%.

As a result of the 2013 Credit Agreement, the previously described swaps were de-designated as the spreads of the 2013 Credit Agreement decreased to 75 bps from 100 bps in the Amended 2010 Credit Agreement. The May 2011 swaps remain de-designated as the amount of variable rate debt decreased to $630 million, and accordingly, the May 2011 swaps are now over hedged. On March 4, 2013, we entered into several forward-starting swap agreements ("March 2013 swaps") that were not designated as a cash flow hedge on that date. On March 6, 2013, the March 2013 swaps were combined with the September 2010 swaps and the March 2011 swaps, and designated as cash flow hedges, effectively converting $600 million of variable-rate debt to fixed rates. The September 2010 swaps, the March 2011 swaps, and the March 2013 swaps were jointly designated as cash flow hedges, mature in December 2015 and fix LIBOR at a weighted average rate of 2.33%. At the time of the de-designation, the fair market value of the September 2010 swaps and March 2011 swaps was $22.2 million, which will be amortized out of AOCI into expense in "Net effect of swaps" in the unaudited condensed consolidated statements of operations and comprehensive incomethrough December 2015. At the time of the de-designation, the fair market value of the May 2011 swaps was $7.8 million and was immediately recognized into expense in "Net effect of swaps" in the unaudited condensed consolidated statements of operations.

At June 30, 2013, the fair market value of the September 2010 swaps, the March 2011 swaps and the March 2013 swaps was a liability of $20.1 million, which was recorded in “Derivative Liability” on the condensed consolidated balance sheet. The May 2011 swaps had a fair market value of $6.7 million as of June 30, 2013 and was recorded in “Derivative Liability” on the condensed consolidated balance sheet.

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The following table presents our September 2010 swaps, March 2011 swaps, May 2011 swaps, and March 2013 swaps which mature December 15, 2015, along with their notional amounts and their fixed interest rates.

	Interest Rate Swaps
($'s in thousands)	Derivatives designated as hedging instruments				Derivatives not designated as hedging instruments
	Notional Amounts		LIBOR Rate		Notional Amounts		LIBOR Rate
	$	200,000	2.27	%	50,000		2.54	%
	75,000		2.30	%	30,000		2.54	%
	50,000		2.29	%	70,000		2.54	%
	150,000		2.43	%	50,000		2.54	%
	50,000		2.29	%
	50,000		2.43	%
	25,000		2.30	%
Total $'s / Average Rate	$	600,000	2.33	%	$	200,000	2.54	%

The 2013 Credit Agreement requires us to maintain specified financial ratios, which if breached for any reason, including a decline in operating results due to economic or weather conditions, could result in an event of default under the agreement. The most critical of these ratios is the Consolidated Leverage Ratio, which is measured on a trailing-twelve-month quarterly basis. At the end of the second quarter of 2013, this ratio was set at 6.25x consolidated total debt (excluding the revolving debt)-to-consolidated EBITDA. The ratio will remain at that level through the end of the first quarter in 2014 and will decrease each second quarter beginning in the second quarter of 2014. Based on our trailing-twelve-month results ending June 30, 2013, our Consolidated Leverage Ratio was 3.81x, providing $157.0 million of EBITDA cushion on the ratio at the end of the second quarter. We were in compliance with all other covenants under the 2013 Credit Agreement as of June 30, 2013.

The 2013 Credit Agreement allows restricted payments of up to $60 million so long as no default or event of default has occurred and is continuing. Additional restricted payments are allowed to be made based on an excess-cash-flow formula, should our pro-forma Consolidated Leverage Ratio be less than or equal to 5.0x, measured on a trailing-twelve-month quarterly basis.

At June 30, 2013, the notes maturing in 2018 have more restrictive covenants than the 2021 notes. The terms of the indenture governing our 2018 notes permit us to make restricted payments of $20 million annually. Our ability to make additional restricted payments in 2013 and beyond is permitted should our trailing-twelve-month Total-Indebtedness-to-Consolidated-Cash-Flow Ratio be less than or equal to 4.75x, measured on a quarterly basis.

In accordance with these debt provisions, on May 8, 2013, we announced the declaration of a distribution of $0.625 per limited partner unit, which was paid on June 17, 2013, and on August 8, 2013 we announced the declaration of a distribution of $0.625 per limited partner unit, payable September 16, 2013.

Existing credit facilities and cash flows from operations are expected to be sufficient to meet working capital needs, debt service, partnership distributions and planned capital expenditures for the foreseeable future.

Off Balance Sheet Arrangements:

We had $16.4 million in letters of credit, which are primarily in place to backstop insurance arrangements, outstanding on our revolving credit facility as of June 30, 2013. We have no other significant off-balance sheet financing arrangements.

Forward Looking Statements

Some of the statements contained in this report (including the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section) that are not historical in nature are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements as to our expectations, beliefs and strategies regarding the future. These forward-looking statements may involve risks and uncertainties that are difficult to predict, may be beyond our control and could cause actual results to differ materially from those described in such statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can

45

give no assurance that such expectations will prove to be correct. Important factors, including those listed under Item 1A in the Company’s Annual Report on Form 10-K, could adversely affect our future financial performance and cause actual results to differ materially from our expectations.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We are exposed to market risks from fluctuations in interest rates, and to a lesser extent on currency exchange rates on our operations in Canada and, from time to time, on imported rides and equipment. The objective of our financial risk management is to reduce the potential negative impact of interest rate and foreign currency exchange rate fluctuations to acceptable levels. We do not acquire market risk sensitive instruments for trading purposes.

We manage interest rate risk through the use of a combination of fixed-rate long-term debt, interest rate swaps that fix a portion of our variable-rate long-term debt, and variable-rate borrowings under our revolving credit facility. Translation exposures with regard to our Canadian operations are not hedged.

For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the change in fair value of the derivative instrument is reported as a component of “Other comprehensive income (loss)” and reclassified into earnings in the period during which the hedged transaction affects earnings. Changes in fair value of derivative instruments that do not qualify as effective hedging activities are reported as “Net effect of swaps” in the consolidated statement of operations. Additionally, the “Other comprehensive income (loss)” related to interest rate swaps that become ineffective is amortized over the remaining life of the interest rate swap, and reported as a component of “Net effect of swaps” in the consolidated statement of operations.

As of June 30, 2013, we had $901.4 million of fixed-rate senior unsecured notes and $628.4 million of variable-rate term debt. After considering the impact of interest rate swap agreements, virtually all of our outstanding long-term debt represents fixed-rate debt. Assuming an average balance on our revolving credit borrowings of approximately $35 million, a hypothetical 100 bps increase in 30-day LIBOR on our variable-rate debt, after the fixed-rate swap agreements, would lead to a decrease of approximately $0.7 million in annual cash interest costs.

A uniform 10% strengthening of the U.S. dollar relative to the Canadian dollar would result in a $3.9 million decrease in annual operating income.

ITEM 4. CONTROLS AND PROCEDURES

(a)Evaluation of Disclosure Controls and Procedures - 

The Partnership maintains a system of controls and procedures designed to ensure that information required to be disclosed by the Partnership in its reports under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified by the Commission and that such information is accumulated and communicated to the Partnership’s management, including the Chief Executive Officer and the Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure. As of June 30, 2013, the Partnership's management has evaluated the effectiveness of the design and operation of the Partnership's disclosure controls and procedures under supervision of management, and with the participation of the Partnership's Chief Executive Officer and Chief Financial Officer. Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Partnership's disclosure controls and procedures were effective as of June 30, 2013.

(b)Changes in Internal Control Over Financial Reporting -

There were no changes in the Partnership’s internal control over financial reporting that occurred during the fiscal quarter ended June 30, 2013 that have materially affected, or are reasonably likely to materially affect, the Partnership’s internal control over financial reporting.

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PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Jacob T. Falfas vs. Cedar Fair, L.P.

On July 23, 2010, Jacob T. (Jack) Falfas, the former Chief Operating Officer, filed a demand for private arbitration as provided by his employment agreement.  In that demand, Mr. Falfas disputed the Partnership's position that he had resigned in June 2010, alleging instead that his employment with the Partnership was terminated without cause.  That dispute went to private arbitration, and on February 28, 2011, an arbitration panel ruled 2-to-1 in favor of Mr. Falfas finding that he did not resign but was terminated without cause. Rather than fashioning a remedy consistent with the employment agreement, the panel ruled that Mr. Falfas should be reinstated. The Partnership believed that the arbitrators exceeded their authority by creating a remedy not legally available to Mr. Falfas under his contract with Cedar Fair. On March 21, 2011, the Partnership filed an action  in Erie County Court of Common Pleas (Case No. 2011 CV 0217) seeking  to have the award modified or vacated. On March 22, 2011, Mr. Falfas commenced a related action in the Erie County Court of Common Pleas  (Case No. 2011 CV 0218) demanding enforcement of the arbitration ruling.  The two actions were combined into Case No. 2011 CV 0217, before Judge Roger E. Binette. On February 22, 2012 the Erie County Common Pleas Court issued a ruling partially vacating the arbitration award and declaring that Mr. Falfas was not entitled to reinstatement of his employment.  The ruling also provided that in accord with paragraph 2 of the arbitration award Mr. Falfas was entitled to certain back pay and other benefits under his 2007 Amended and Restated Employment Agreement as if the employment relationship had not been severed.  In March of 2012 Mr. Falfas and the  Company both filed appeals of the Court's ruling with the Ohio Sixth District Court of Appeals in Toledo, Ohio.  On April 19, 2013 the Court of Appeals issued a ruling reversing the Erie County Common Pleas Court's  order regarding the reinstatement of Mr. Falfas' employment and  affirming the order regarding back pay and other benefits and remanding the case back to the Erie County Common Pleas Court for further proceedings.  On June 3, 2013 the Company  filed a Notice of Appeal and Memorandum in Support of Jurisdiction with the Ohio Supreme Court related to the April 19, 2013 Court of Appeals decision.  On July 2, 2013 Mr. Falfas filed a Memorandum in Opposition to Jurisdiction with the Ohio Supreme Court.  The Supreme Court will review the jurisdictional memoranda filed and determine whether to accept the appeal and decide the case on the merits. The Partnership believes the liability recorded as of June 30, 2013 to be adequate and does not expect the arbitration ruling or the court order to materially affect its financial results in future periods.

ITEM 1A. RISK FACTORS

There have been no material changes to the risk factors previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2012.

ITEM 5. OTHER INFORMATION

On May 8, 2013, the Partnership announced that it had identified a historical classification error in the Partnership's initial determination of whether a specific asset retired under the composite method of depreciation was normal or unusual. The error resulted in the overstatement of Income before taxes of $8.8 million for the period ended December 31, 2011.

Under the composite method of depreciation, no gain or loss is recognized on normal retirements of composite assets. Instead the net book value after salvage of a retired asset reduces accumulated depreciation for the composite group. Abnormal or unusual retirements of composite assets would result in the recognition of a gain or loss. The error resulted in the Partnership's application of its qualitative policy used to determine whether an asset retirement is normal or unusual. The asset retirement being restated was originally classified as normal, thus reducing accumulated depreciation. Management identified that the Partnership had failed to consider whether the specific asset had a substantial net book value and/or if the retirement caused a deviation from the estimated composite depreciation survivor curve as well as other minor qualitative issues.

The restatement amount of $8.8 million is recorded in Loss on impairment / retirement of fixed assets, net in the Annual Report on Form 10-K/A filing to correct the previous error.

As disclosed in the Partnership's prior filings, the Partnership had determined that it was preferable to change from the composite method of depreciation to the unit method of depreciation with the change effective January 1, 2013. The Partnership believes that pursuant to generally accepted accounting principles, changing from the composite method of depreciation to the unit method of depreciation is a change in accounting estimate that is effected by a change in accounting principle, which should be accounted for prospectively. The change to the unit method of depreciation eliminates the qualitative judgment needed to determine whether an asset retirement is normal or unusual, as the net book value of all retirements will be recorded in the Consolidated Statements of Operations and Comprehensive Income.

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ITEM 6. EXHIBITS

Exhibit (31.1)	Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit (31.2)	Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit (32)	Certifications Pursuant to 18 U.S.C. 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
Exhibit (101)	The following materials from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2013 formatted in Extensible Business Reporting Language (XBRL): (i) The Condensed Consolidated Statements of Income, (ii) the Condensed Consolidated Balance Sheets, (iii) The Condensed Consolidated Statements of Cash Flow, (iv) the Condensed Consolidated Statement of Equity and, (v) related notes

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

		CEDAR FAIR, L.P.
		(Registrant)
		By Cedar Fair Management, Inc.
		General Partner
Date:	August 8, 2013	/s/ Matthew A. Ouimet
		Matthew A. Ouimet
		President and Chief Executive Officer
Date:	August 8, 2013	/s/ Brian C. Witherow
		Brian C. Witherow
		Executive Vice President and
		Chief Financial Officer

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INDEX TO EXHIBITS

Exhibit (31.1)	Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit (31.2)	Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Exhibit (32)	Certifications Pursuant to 18 U.S.C. 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
Exhibit (101)	The following materials from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2013 formatted in Extensible Business Reporting Language (XBRL): (i) The Condensed Consolidated Statements of Income, (ii) the Condensed Consolidated Balance Sheets, (iii) The Condensed Consolidated Statements of Cash Flow, (iv) the Condensed Consolidated Statement of Equity and, (v) related notes

50

EX-31.1

Exhibit 31.1

CERTIFICATION

I, Matthew A. Ouimet, certify that:

1) I have reviewed this quarterly report on Form 10-Q of Cedar Fair, L.P.;

2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4) The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5) The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	August 8, 2013	/s/ Matthew A. Ouimet
		Matthew A. Ouimet
		President and Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATION

I, Brian C. Witherow, certify that:

1) I have reviewed this quarterly report on Form 10-Q of Cedar Fair, L.P.;

2) Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3) Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4) The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5) The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	August 8, 2013	/s/ Brian C. Witherow
		Brian C. Witherow
		Executive Vice President and Chief Financial Officer

EX-32

Exhibit 32

CERTIFICATIONS PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Cedar Fair, L.P. (the “Partnership”) on Form 10-Q for the period ending June 30, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), each of the undersigned officers of the Partnership certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to our knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Partnership.

August 8, 2013

/s/ Matthew A. Ouimet

Matthew A. Ouimet

President and Chief Executive Officer

/s/ Brian C. Witherow

Brian C. Witherow

Executive Vice President and

Chief Financial Officer

The foregoing certification is being furnished solely pursuant to 18 U.S.C. Section 1350 and is not being filed as part of the Report or as a separate disclosure document.

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Income and Partnership Taxes

6 Months Ended

Jun. 30, 2013

Income Tax Expense (Benefit) [Abstract]

Income and Partnership Taxes

Income and Partnership Taxes:

Under the applicable accounting rules, income taxes are recognized for the amount of taxes payable by the Partnership’s corporate subsidiaries for the current year and for the impact of deferred tax assets and liabilities, which represent future tax consequences of events that have been recognized differently in the financial statements than for tax purposes. The income tax provision (benefit) for interim periods is determined by applying an estimated annual effective tax rate to the quarterly income (loss) of the Partnership’s corporate subsidiaries. In addition to income taxes on its corporate subsidiaries, the Partnership pays a publicly traded partnership tax (PTP tax) on partnership-level gross income (net revenues less cost of food, merchandise and games). As such, the Partnership’s total provision (benefit) for taxes includes amounts for both the PTP tax and for income taxes on its corporate subsidiaries.

As of the second quarter of 2013 the Partnership has recorded $1.1 million of unrecognized tax benefits including interest and/or penalties related to state and local tax filing positions. The Partnership recognizes interest and/or penalties related to unrecognized tax benefits in the income tax provision. The Partnership does not anticipate that the balance of the unrecognized tax benefit will change significantly over the next 12 months.

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Unaudited Condensed Consolidated Statements of Operations (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012
Net revenues:
Admissions	$ 202,536	$ 201,866	$ 222,559	$ 213,536	$ 621,092	$ 638,347
Food, merchandise and games	119,840	121,335	136,532	133,867	344,879	367,532
Accommodations and other	39,244	34,405	44,328	38,401	120,098	97,038
Total net revenues	361,620	357,606	403,419	385,804	1,086,069	1,102,917
Costs and expenses:
Cost of food, merchandise and games revenues	31,053	32,486	36,090	36,573	94,565	97,407
Operating expenses	141,284	146,236	217,941	217,521	451,823	458,266
Selling, general and administrative	45,767	44,511	66,806	62,495	142,622	144,773
Depreciation and amortization	46,032	47,909	50,818	51,988	125,136	130,416
Gain on sale of other assets	0	0	0	0	(6,625)	0
Loss (gain) on impairment / retirement of fixed assets, net	29	(862)	629	(770)	31,735	10,389
Total costs and expenses	264,165	270,280	372,284	367,807	839,256	841,251
Operating income	97,455	87,326	31,135	17,997	246,813	261,666
Interest expense	25,861	30,236	51,624	57,039	105,204	130,927
Net effect of swaps	(2,273)	(173)	6,938	(1,143)	6,589	(14,717)
Loss on early debt extinguishment	0	0	34,573	0	34,573	0
Unrealized/realized foreign currency loss	14,886	9,301	23,844	1,109	13,737	14,863
Other income	(69)	(2)	(109)	(18)	(159)	(305)
Income (loss) before taxes	59,050	47,964	(85,735)	(38,990)	86,869	130,898
Provision (benefit) for taxes	11,660	11,381	(23,999)	(10,158)	17,917	13,790
Net income (loss)	47,390	36,583	(61,736)	(28,832)	68,952	117,108
Net income (loss) allocated to general partner	0	1	(1)	0	0	2
Net income (loss) allocated to limited partners	47,390	36,582	(61,735)	(28,832)	68,952	117,106
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592	481	1,893	(688)	2,950	733
Unrealized income (loss) on cash flow hedging derivatives	1,679	(2,370)	10,564	(2,031)	12,735	(3,854)
Other comprehensive income (loss), (net of tax)	3,271	(1,889)	12,457	(2,719)	15,685	(3,121)
Total comprehensive income (loss)	$ 50,661	$ 34,694	$ (49,279)	$ (31,551)	$ 84,637	$ 113,987
Basic earnings per limited partner unit:
Weighted average limited partner units outstanding	55,484	55,481	55,464	55,433	55,446	55,389
Net income (loss) per limited partner unit	0.85	0.66	(1.11)	(0.52)	1.24	2.11
Diluted earnings per limited partner unit:
Weighted average limited partner units outstanding	55,822	55,818	55,464	55,433	55,791	55,844
Net income (loss) per limited partner unit	0.85	0.66	(1.11)	(0.52)	1.24	2.10

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Interim Reporting

6 Months Ended

Jun. 30, 2013

Quarterly Financial Information Disclosure [Abstract]

Interim Reporting

Interim Reporting:

The Partnership owns and operates eleven amusement parks, four separately gated outdoor water parks,one indoor water park and five hotels. Virtually all of the Partnership’s revenues from its seasonal amusement parks, as well as its outdoor water parks and other seasonal resort facilities, are realized during a 130- to 140-day operating period beginning in early May, with the major portion concentrated in the third quarter during the peak vacation months of July and August. Knott's Berry Farm is open daily on a year-round basis. Castaway Bay is generally open daily from Memorial Day to Labor Day, plus a limited daily schedule for the balance of the year.

To assure that these highly seasonal operations will not result in misleading comparisons of current and subsequent interim periods, the Partnership has adopted the following accounting and reporting procedures for its seasonal parks: (a) revenues on multi-day admission tickets are recognized over the estimated number of visits expected for each type of ticket and are adjusted periodically during the season, (b) depreciation, advertising and certain seasonal operating costs are expensed during each park’s operating season, including certain costs incurred prior to the season which are amortized over the season, and (c) all other costs are expensed as incurred or ratably over the entire year.

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Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Assets and liabilities measured at fair value on recurring basis

The table below presents the balances of assets and liabilities measured at fair value as of June 30, 2013, December 31, 2012, and July 1, 2012 on a recurring basis:

	Total			Level 1		Level 2			Level 3
June 30, 2013
(In thousands)
Interest rate swap agreements (1)	$	(20,122	)	$	—	$	(20,122	)	$	—
Interest rate swap agreements (2)	(6,650		)	—		(6,650		)	—
Net derivative liability	$	(26,772	)	$	—	$	(26,772	)	$	—
December 31, 2012
Interest rate swap agreements (1)	$	(32,260	)	$	—	$	(32,260	)	$	—
Net derivative liability	$	(32,260	)	$	—	$	(32,260	)	$	—
July 1, 2012
Interest rate swap agreements (1)	$	(35,146	)	$	—	$	(35,146	)	$	—
Net derivative liability	$	(35,146	)	$	—	$	(35,146	)	$	—

(1) Designated as cash flow hedges and are included in “Derivative Liability” on the Unaudited Condensed Consolidated Balance Sheet

(2) Not designated as cash flow hedges and are included in "Derivative Liability" on the Unaudited Condensed Consolidated Balance Sheet

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Contingencies

6 Months Ended

Jun. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Contingencies

Contingencies:

The Partnership is a party to a number of lawsuits arising in the normal course of business. In the opinion of management, none of these matters is expected to have a material effect in the aggregate on the Partnership's financial statements.

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Changes in Accumulated Other Comprehensive Income by Component Reclassifications Out of AOCI (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net effect of swaps	$ (2,273)	$ (173)	$ 6,938	$ (1,143)	$ 6,589	$ (14,717)
Income (loss) before taxes	59,050	47,964	(85,735)	(38,990)	86,869	130,898
Provision (benefit) for taxes	11,660	11,381	(23,999)	(10,158)	17,917	13,790
Net income (loss)	47,390	36,583	(61,736)	(28,832)	68,952	117,108
Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision (benefit) for taxes			(1,536)
Interest Rate Contracts [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net effect of swaps			$ (10,160)

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Earnings per Unit (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012
Basic weighted average units outstanding	55,484,000	55,481,000	55,464,000	55,433,000	55,446,000	55,389,000
Effect of dilutive units:
Unit options and restricted unit awards	152,000	2,000	0	0	84,000	3,000
Phantom units	186,000	335,000	0	0	261,000	452,000
Diluted weighted average units outstanding	55,822,000	55,818,000	55,464,000	55,433,000	55,791,000	55,844,000
Net income (loss) per limited partner unit	0.85	0.66	(1.11)	(0.52)	1.24	2.11
Net income (loss) per limited partner unit	0.85	0.66	(1.11)	(0.52)	1.24	2.10
Unit Options [Member]
Effect of dilutive units:
Antidilutive securities excluded from the computation of earnings per unit	0	66,000	8,900	31,000	8,500	41,500

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Consolidating Financial Information of Guarantors and Issuers (Tables)

6 Months Ended

Jun. 30, 2013

Condensed Consolidated Financial Information [Abstract]

Condensed Consolidating Balance Sheet

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	21,745	$	27,904	$	(6,021	)	$	43,628
Receivables	2,960		89,760		86,590		517,925		(630,036		)	67,199
Inventories	—		4,639		4,182		36,631		—			45,452
Current deferred tax asset	—		23,822		816		3,664		—			28,302
Prepaid advertising	—		9,181		1,579		5,854		—			16,614
Other current assets	620		2,259		487		13,908		—			17,274
	3,580		129,661		115,399		605,886		(636,057		)	218,469
Property and Equipment (net)	463,783		994		250,249		835,875		—			1,550,901
Investment in Park	447,080		735,017		129,942		38,992		(1,351,031		)	—
Goodwill	9,061		—		119,201		111,218		—			239,480
Other Intangibles, net	—		—		16,880		22,839		—			39,719
Deferred Tax Asset	—		34,028		—		90		(34,118		)	—
Intercompany Receivable	874,125		1,123,159		1,165,828		—		(3,163,112		)	—
Other Assets	13,605		9,382		7,112		2,227		—			32,326
	$	1,811,234	$	2,032,241	$	1,804,611	$	1,617,127	$	(5,184,318	)	$	2,080,895
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	6,300	$	6,300	$	6,300	$	—	$	(12,600	)	$	6,300
Accounts payable	155,522		208,924		7,971		285,379		(623,457		)	34,339
Deferred revenue	—		—		18,719		113,646		—			132,365
Accrued interest	5,189		3,563		15,192		—		—			23,944
Accrued taxes	6,534		458		181		2,848		—			10,021
Accrued salaries, wages and benefits	1		18,642		2,153		9,100		—			29,896
Self-insurance reserves	—		5,535		1,727		17,330		—			24,592
Other accrued liabilities	860		4,421		715		2,793		—			8,789
	174,406		247,843		52,958		431,096		(636,057		)	270,246
Deferred Tax Liability	—		—		61,544		126,866		(34,118		)	154,292
Derivative Liability	16,039		10,733		—		—		—			26,772
Other Liabilities	—		5,296		—		3,500		—			8,796
Long-Term Debt:
Revolving credit loans	58,000		58,000		58,000		—		(116,000		)	58,000
Term debt	622,125		622,125		622,125		—		(1,244,250		)	622,125
Notes	901,431		901,431		901,431		—		(1,802,862		)	901,431
	1,581,556		1,581,556		1,581,556		—		(3,163,112		)	1,581,556
Equity	39,233		186,813		108,553		1,055,665		(1,351,031		)	39,233
	$	1,811,234	$	2,032,241	$	1,804,611	$	1,617,127	$	(5,184,318	)	$	2,080,895

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2012

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	25,000	$	444	$	50,173	$	3,213	$	—		$	78,830
Receivables	4		101,093		71,099		498,555		(652,559		)	18,192
Inventories	—		1,724		2,352		23,764		—			27,840
Current deferred tax asset	—		3,705		816		3,663		—			8,184
Other current assets	563		17,858		530		5,490		(16,381		)	8,060
	25,567		124,824		124,970		534,685		(668,940		)	141,106
Property and Equipment (net)	439,506		1,013		268,157		835,596		—			1,544,272
Investment in Park	485,136		772,183		115,401		53,790		(1,426,510		)	—
Goodwill	9,061		—		125,942		111,218		—			246,221
Other Intangibles, net	—		—		17,835		22,817		—			40,652
Deferred Tax Asset	—		36,443		—		90		(36,533		)	—
Intercompany Receivable	877,612		1,070,125		1,116,623		—		(3,064,360		)	—
Other Assets	22,048		14,832		8,419		2,315		—			47,614
	$	1,858,930	$	2,019,420	$	1,777,347	$	1,560,511	$	(5,196,343	)	$	2,019,865
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Accounts payable	$	147,264	$	213,279	$	16,101	$	286,649	$	(652,559	)	$	10,734
Deferred revenue	—		—		4,996		34,489		—			39,485
Accrued interest	98		64		15,350		—		—			15,512
Accrued taxes	4,518		—		6,239		23,437		(16,381		)	17,813
Accrued salaries, wages and benefits	—		17,932		1,214		5,690		—			24,836
Self-insurance reserves	—		5,528		1,754		16,624		—			23,906
Other accrued liabilities	1,110		2,502		140		2,164		—			5,916
	152,990		239,305		45,794		369,053		(668,940		)	138,202
Deferred Tax Liability	—		—		63,460		126,865		(36,533		)	153,792
Derivative Liability	19,309		12,951		—		—		—			32,260
Other Liabilities	—		5,480		—		3,500		—			8,980
Long-Term Debt:
Term debt	1,131,100		1,131,100		1,131,100		—		(2,262,200		)	1,131,100
Notes	401,080		401,080		401,080		—		(802,160		)	401,080
	1,532,180		1,532,180		1,532,180		—		(3,064,360		)	1,532,180
Equity	154,451		229,504		135,913		1,061,093		(1,426,510		)	154,451
	$	1,858,930	$	2,019,420	$	1,777,347	$	1,560,511	$	(5,196,343	)	$	2,019,865

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	13,974	$	27,476	$	(5,521	)	$	35,929
Receivables	—		71,210		64,931		436,324		(529,512		)	42,953
Inventories	—		4,861		4,663		41,712		—			51,236
Current deferred tax asset	—		6,239		772		3,334		—			10,345
Prepaid advertising	—		10,181		596		5,473		—			16,250
Income tax refundable	—		—		10,083		—		—			10,083
Other current assets	800		2,971		908		4,660		—			9,339
	800		95,462		95,927		518,979		(535,033		)	176,135
Property and Equipment (net)	465,146		1,025		272,511		882,682		—			1,621,364
Investment in Park	471,253		701,181		114,053		21,834		(1,308,321		)	—
Intercompany Note Receivable	—		86,362		—		—		(86,362		)	—
Goodwill	9,061		—		122,960		111,218		—			243,239
Other Intangibles, net	—		—		17,412		22,837		—			40,249
Deferred Tax Asset	—		43,471		—		—		(43,471		)	—
Intercompany Receivable	880,971		1,186,016		1,236,507		—		(3,303,494		)	—
Other Assets	24,678		16,454		9,010		2,400		—			52,542
	$	1,851,909	$	2,129,971	$	1,868,380	$	1,559,950	$	(5,276,681	)	$	2,133,529
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Accounts payable	$	108,234	$	233,508	$	14,320	$	217,263	$	(535,033	)	$	38,292
Deferred revenue	—		—		19,946		88,521		—			108,467
Accrued interest	481		195		15,353		—		—			16,029
Accrued taxes	7,083		571		59		3,027		—			10,740
Accrued salaries, wages and benefits	1		26,108		2,410		9,190		—			37,709
Self-insurance reserves	—		4,280		1,771		17,147		—			23,198
Other accrued liabilities	953		4,489		935		2,275		—			8,652
	116,752		269,151		54,794		337,423		(535,033		)	243,087
Deferred Tax Liability	—		—		58,162		119,417		(43,471		)	134,108
Derivative Liability	21,090		14,056		—		—		—			35,146
Other Liabilities	—		3,621		—		3,500		—			7,121
Intercompany Note Payable	—		—		—		86,362		(86,362		)	—
Long-Term Debt:
Revolving credit loans	111,000		111,000		111,000		—		(222,000		)	111,000
Term debt	1,140,100		1,140,100		1,140,100		—		(2,280,200		)	1,140,100
Notes	400,647		400,647		400,647		—		(801,294		)	400,647
	1,651,747		1,651,747		1,651,747		—		(3,303,494		)	1,651,747
Equity	62,320		191,396		103,677		1,013,248		(1,308,321		)	62,320
	$	1,851,909	$	2,129,971	$	1,868,380	$	1,559,950	$	(5,276,681	)	$	2,133,529

Condensed Consolidating Statement of Operations and Other Comprehensive Income (Loss)

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	43,925		$	85,358		$	34,954		$	326,473		$	(129,090	)	$	361,620
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			2,994			28,059			—			31,053
Operating expenses	1,408			52,246			15,586			201,134			(129,090		)	141,284
Selling, general and administrative	1,222			26,888			3,868			13,789			—			45,767
Depreciation and amortization	12,891			9			6,818			26,314			—			46,032
Loss on impairment / retirement of fixed assets, net	—			—			—			29			—			29
	15,521			79,143			29,266			269,325			(129,090		)	264,165
Operating income	28,404			6,215			5,688			57,148			—			97,455
Interest expense (income), net	10,210			7,246			9,843			(1,507		)	—			25,792
Net effect of swaps	(1,378		)	(895		)	—			—			—			(2,273		)
Unrealized / realized foreign currency loss	—			—			14,886			—			—			14,886
Other (income) expense	187			(2,128		)	583			1,358			—			—
(Income) loss from investment in affiliates	(30,875		)	(15,540		)	(8,232		)	4,649			49,998			—
Net income (loss) before taxes	50,260			17,532			(11,392		)	52,648			(49,998		)	59,050
Provision (benefit) for taxes	2,870			684			(6,732		)	14,838			—			11,660
Net income (loss)	$	47,390		$	16,848		$	(4,660	)	$	37,810		$	(49,998	)	$	47,390
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592			—			1,592			—			(1,592		)	1,592
Unrealized income on cash flow hedging derivatives	1,679			503			—			—			(503		)	1,679
Other comprehensive income, (net of tax)	3,271			503			1,592			—			(2,095		)	3,271
Total Comprehensive (Income) loss	$	50,661		$	17,351		$	(3,068	)	$	37,810		$	(52,093	)	$	50,661

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	43,745		$	77,510		$	41,841		$	315,637		$	(121,127	)	$	357,606
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,541			28,945			—			32,486
Operating expenses	1,438			52,584			15,935			197,406			(121,127		)	146,236
Selling, general and administrative	1,656			24,525			4,295			14,035			—			44,511
Depreciation and amortization	13,531			9			6,985			27,384			—			47,909
Loss (gain) on impairment / retirement of fixed assets, net	(861		)	—			(1		)	—			—			(862		)
	15,764			77,118			30,755			267,770			(121,127		)	270,280
Operating income	27,981			392			11,086			47,867			—			87,326
Interest expense, net	13,067			8,084			10,598			(1,515		)	—			30,234
Net effect of swaps	(104		)	(69		)	—			—			—			(173		)
Unrealized / realized foreign currency gain	—			—			9,301			—			—			9,301
Other (income) expense	188			(2,041		)	512			1,341			—			—
Income from investment in affiliates	(24,476		)	(16,973		)	(6,955		)	(260		)	48,664			—
Income (loss) before taxes	39,306			11,391			(2,370		)	48,301			(48,664		)	47,964
Provision (benefit) for taxes	2,723			(1,876		)	(1,322		)	11,856			—			11,381
Net income (loss)	$	36,583		$	13,267		$	(1,048	)	$	36,445		$	(48,664	)	$	36,583
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	481			—			481			—			(481		)	481
Unrealized income on cash flow hedging derivatives	(2,370		)	(775		)	—			—			775			(2,370		)
Other comprehensive income (loss), (net of tax)	(1,889		)	(775		)	481			—			294			(1,889		)
Total Comprehensive Income (Loss)	$	34,694		$	12,492		$	(567	)	$	36,445		$	(48,370	)	$	34,694

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Six Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	48,243		$	93,729		$	35,243		$	367,983		$	(141,779	)	$	403,419
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			2,994			33,096			—			36,090
Operating expenses	2,831			73,852			21,527			261,510			(141,779		)	217,941
Selling, general and administrative	2,514			43,501			4,579			16,212			—			66,806
Depreciation and amortization	13,366			18			6,818			30,616			—			50,818
Loss on impairment / retirement of fixed assets, net	36			—			478			115			—			629
	18,747			117,371			36,396			341,549			(141,779		)	372,284
Operating income (loss)	29,496			(23,642		)	(1,153		)	26,434			—			31,135
Interest expense (income), net	20,722			14,923			19,607			(3,737		)	—			51,515
Net effect of swaps	4,257			2,681			—			—			—			6,938
Loss on early debt extinguishment	21,175			12,781			617			—			—			34,573
Unrealized / realized foreign currency loss	—			—			23,844			—			—			23,844
Other (income) expense	375			(4,516		)	1,383			2,758			—			—
(Income) loss from investment in affiliates	41,221			20,100			(4,712		)	25,876			(82,485		)	—
Income (loss) before taxes	(58,254		)	(69,611		)	(41,892		)	1,537			82,485			(85,735		)
Provision (benefit) for taxes	3,482			(16,981		)	(15,986		)	5,486			—			(23,999		)
Net income (loss)	(61,736		)	(52,630		)	(25,906		)	(3,949		)	82,485			(61,736		)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,893			—			1,893			—			(1,893		)	1,893
Unrealized income (loss) on cash flow hedging derivatives	10,564			3,038			—			—			(3,038		)	10,564
Other comprehensive income (loss), (net of tax)	12,457			3,038			1,893			—			(4,931		)	12,457
Total Comprehensive Income (Loss)	$	(49,279	)	$	(49,592	)	$	(24,013	)	$	(3,949	)	$	77,554		$	(49,279	)

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Six Months Ended July 1, 2012(As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	45,201		$	80,087		$	42,107		$	343,569		$	(125,160	)	$	385,804
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,541			33,032			—			36,573
Operating expenses	2,773			73,020			21,592			245,296			(125,160		)	217,521
Selling, general and administrative	2,988			38,221			5,055			16,231			—			62,495
Depreciation and amortization	14,227			18			6,985			30,758			—			51,988
Loss (gain) on impairment / retirement of fixed assets, net	(779		)	—			9			—			—			(770		)
	19,209			111,259			37,182			325,317			(125,160		)	367,807
Operating income (loss)	25,992			(31,172		)	4,925			18,252			—			17,997
Interest expense, net	24,225			14,699			21,001			(2,904		)	—			57,021
Net effect of swaps	69			263			(1,475		)	—			—			(1,143		)
Unrealized / realized foreign currency loss	—			—			1,109			—			—			1,109
Other (income) expense	375			(5,076		)	709			3,992			—			—
(Income) loss from investment in affiliates	26,015			6,477			(3,541		)	6,803			(35,754		)	—
Income (loss) before taxes	(24,692		)	(47,535		)	(12,878		)	10,361			35,754			(38,990		)
Provision (benefit) for taxes	4,140			(13,548		)	(3,656		)	2,906			—			(10,158		)
Net income (loss)	$	(28,832	)	$	(33,987	)	$	(9,222	)	$	7,455		$	35,754		$	(28,832	)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(688		)	—			(688		)	—			688			(688		)
Unrealized income on cash flow hedging derivatives	(2,031		)	(677		)	21			—			656			(2,031		)
Other comprehensive income (loss), (net of tax)	(2,719		)	(677		)	(667		)	—			1,344			(2,719		)
Total Comprehensive Income (loss)	$	(31,551	)	$	(34,664	)	$	(9,889	)	$	7,455		$	37,098		$	(31,551	)

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

For the Twelve Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	148,757		$	271,778		$	133,554		$	952,082		$	(420,102	)	$	1,086,069
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			9,769			84,796			—			94,565
Operating expenses	5,438			177,188			47,798			641,501			(420,102		)	451,823
Selling, general and administrative	6,021			91,895			10,659			34,047			—			142,622
Depreciation and amortization	36,799			40			18,032			70,265			—			125,136
(Gain) on sale of other assets	—			—			—			(6,625		)	—			(6,625		)
Loss on impairment / retirement of fixed assets, net	25,950			—			475			5,310			—			31,735
	74,208			269,123			86,733			829,294			(420,102		)	839,256
Operating income	74,549			2,655			46,821			122,788			—			246,813
Interest (income) expense, net	45,022			29,552			39,476			(9,005		)	—			105,045
Net effect of swaps	4,050			2,539			—			—			—			6,589
Loss on early debt extinguishment	21,175			12,781			617			—			—			34,573
Unrealized / realized foreign currency loss	—			—			13,737			—			—			13,737
Other (income) expense	749			(8,947		)	2,694			5,504			—			—
Income from investment in affiliates	(74,816		)	(52,527		)	(15,768		)	(12,687		)	155,798			—
Income before taxes	78,369			19,257			6,065			138,976			(155,798		)	86,869
Provision (benefit) for taxes	9,417			(13,289		)	(8,917		)	30,706			—			17,917
Net income	$	68,952		$	32,546		$	14,982		$	108,270		$	(155,798	)	$	68,952
Other comprehensive income, (net of tax):
Cumulative foreign currency translation adjustment	2,950			—			2,950			—			(2,950		)	2,950
Unrealized income on cash flow hedging derivatives	12,735			3,635			—			—			(3,635		)	12,735
Other comprehensive income, (net of tax)	15,685			3,635			2,950			—			(6,585		)	15,685
Total Comprehensive Income	$	84,637		$	36,181		$	17,932		$	108,270		$	(162,383	)	$	84,637

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Twelve Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	150,783		$	267,882		$	138,595		$	963,915		$	(418,258	)	$	1,102,917
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			10,743			86,664			—			97,407
Operating expenses	5,341			175,593			47,795			647,795			(418,258		)	458,266
Selling, general and administrative	6,309			88,725			11,892			37,847			—			144,773
Depreciation and amortization	38,843			42			17,976			73,555			—			130,416
Loss (gain) on impairment / retirement of fixed assets, net	15			—			(52		)	10,426			—			10,389
	50,508			264,360			88,354			856,287			(418,258		)	841,251
Operating income	100,275			3,522			50,241			107,628			—			261,666
Interest expense, net	61,742			24,419			48,119			(3,440		)	—			130,840
Net effect of swaps	(9,027		)	(121		)	(5,569		)	—			—			(14,717		)
Unrealized / realized foreign currency loss	—			—			14,863			—			—			14,863
Other (income) expense	533			(9,873		)	1,602			7,520			—			(218		)
(Income) loss from investment in affiliates	(80,137		)	(28,421		)	(6,557		)	6,067			109,048			—
Income (loss) before taxes	127,164			17,518			(2,217		)	97,481			(109,048		)	130,898
Provision (benefit) for taxes	10,056			(26,630		)	7,042			23,322			—			13,790
Net income (loss)	$	117,108		$	44,148		$	(9,259	)	$	74,159		$	(109,048	)	$	117,108
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	733			—			733			—			(733		)	733
Unrealized income (loss) on cash flow hedging derivatives	(3,854		)	(4,884		)	21			—			4,863			(3,854		)
Other comprehensive income (loss), (net of tax)	(3,121		)	(4,884		)	754			—			4,130			(3,121		)
Total Comprehensive Income (Loss)	$	113,987		$	39,264		$	(8,505	)	$	74,159		$	(104,918	)	$	113,987

Condensed Consolidating Statement of Cash Flows

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	4,808		$	(30,371	)	$	(4,856	)	$	44,138		$	68,837		$	82,556
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	38,056			37,167			(18,274		)	17,909			(74,858		)	—
Capital expenditures	(38,398		)	—			(3,435		)	(37,356		)	—			(79,189		)
Net cash from (for) investing activities	(342		)	37,167			(21,709		)	(19,447		)	(74,858		)	(79,189		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	58,000			—			—			—			—			58,000
Term debt borrowings	359,022			256,500			14,478			—			—			630,000
Note borrowings	294,897			205,103			—			—			—			500,000
Payment of debt issuance costs	(14,312		)	(8,014		)	(438		)	—			—			(22,764		)
Term debt payments, including early termination penalties	(655,723		)	(462,438		)	(14,514		)	—			—			(1,132,675		)
Distributions (paid) received	(71,350		)	1,711			—			—			—			(69,639		)
Exercise of limited partnership unit options	—			28			—			—			—			28
Excess tax benefit from unit-based compensation expense	—			(130		)	—			—			—			(130		)
Net cash from (for) financing activities	(29,466		)	(7,240		)	(474		)	—			—			(37,180		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(1,389		)	—			—			(1,389		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(25,000		)	(444		)	(28,428		)	24,691			(6,021		)	(35,202		)
Balance, beginning of period	25,000			444			50,173			3,213			—			78,830
Balance, end of period	$	—		$	—		$	21,745		$	27,904		$	(6,021	)	$	43,628

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)				Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	(75,559	)	$	47,309			$	(12,724	)	$	44,638		$	60,941		$	64,605
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	41,361			11,532				(415		)	13,984			(66,462		)	—
Sale of other assets	1,173			—				—			—			—			1,173
Capital expenditures	(24,266		)	—				(13,478		)	(27,136		)	—			(64,880		)
Net cash from (for) investing activities	18,268			11,532				(13,893		)	(13,152		)	(66,462		)	(63,707		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	111,000			—				—			—			—			111,000
Derivative settlement	—			—				(50,450		)	—			—			(50,450		)
Term debt payments, including early termination penalties	(9,259		)	(6,536		)		(205		)	—			—			(16,000		)
Intercompany (payments) receipts	—			7,482				—			(7,482		)	—			—
Distributions (paid) received	(44,450		)	92				—			—			—			(44,358		)
Capital (contribution) infusion	—			(60,000		)	—	60,000			—			—			—
Exercise of limited partnership unit options	—			47				—			—			—			47
Excess tax benefit from unit-based compensation	—			(438		)		—			—			—			(438		)
Net cash from (for) financing activities	57,291			(59,353		)		9,345			(7,482		)	—			(199		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—				(294		)	—			—			(294		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			(512		)		(17,566		)	24,004			(5,521		)	405
Balance, beginning of period	—			512				31,540			3,472			—			35,524
Balance, end of period	$	—		$	—			$	13,974		$	27,476		$	(5,521	)	$	35,929

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Twelve Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	210,085		$	(47,009	)	$	29,440		$	140,865		$	(30,675	)	$	302,706
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	27,874			(30,140		)	(15,735		)	(12,174		)	30,175			—
Sale of other assets	—			—			—			14,885			—			14,885
Capital expenditures	(47,797		)	(8		)	(4,404		)	(56,786		)	—			(108,995		)
Net cash for investing activities	(19,923		)	(30,148		)	(20,139		)	(54,075		)	30,175			(94,110		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	(53,000		)	—			—			—			—			(53,000		)
Term debt borrowings	359,022			256,500			14,478			—			—			630,000
Note borrowings	294,897			205,103			—			—			—			500,000
Intercompany term debt (payments) receipts	—			86,362			—			(86,362		)	—			—
Term debt payments, including early termination penalties	(660,931		)	(466,114		)	(14,630		)	—			—			(1,141,675		)
Distributions (paid) received	(115,839		)	1,746			—			—			—			(114,093		)
Exercise of limited partnership unit options	—			57			—			—			—			57
Payment of debt issuance costs	(14,311		)	(8,014		)	(433		)	—			—			(22,758		)
Excess tax benefit from unit-based compensation expense	—			1,517			—			—			—			1,517
Net cash from (for) financing activities	(190,162		)	77,157			(585		)	(86,362		)	—			(199,952		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(945		)	—			—			(945		)
CASH AND CASH EQUIVALENTS
Net increase for the period	—			—			7,771			428			(500		)	7,699
Balance, beginning of period	—			—			13,974			27,476			(5,521		)	35,929
Balance, end of period	$	—		$	—		$	21,745		$	27,904		$	(6,021	)	$	43,628

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Twelve Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	146,874		$	(73,709	)	$	24,332		$	223,401		$	(63,983	)	$	256,915
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	(31,801		)	(37,181		)	(579		)	11,099			58,462			—
Sale of other assets	1,173			—			—			—			—			1,173
Capital expenditures	(36,852		)	—			(25,832		)	(40,701		)	—			(103,385		)
Net cash from (for) investing activities	(67,480		)	(37,181		)	(26,411		)	(29,602		)	58,462			(102,212		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings (payments) on revolving credit loans	26,000			—			—			—			—			26,000
Intercompany term debt (payments) receipts	—			183,138			—			(183,138		)	—			—
Term debt payments, including early termination penalties	(21,383		)	(15,094		)	(473		)	—			—			(36,950		)
Derivative settlement	—			—			(50,450		)	—			—			(50,450		)
Distributions (paid) received	(90,011		)	269			—			—			—			(89,742		)
Capital (contribution) infusion	—			(60,000		)	60,000			—			—			—
Payment of debt issuance costs	—			—			(723		)	—			—			(723		)
Exercise of limited partnership unit options	—			53			—			—			—			53
Excess tax benefit from unit-based compensation	—			(438		)	—			—			—			(438		)
Net cash from (for) financing activities	(85,394		)	107,928			8,354			(183,138		)	—			(152,250		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(2,203		)	—			—			(2,203		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(6,000		)	(2,962		)	4,072			10,661			(5,521		)	250
Balance, beginning of period	6,000			2,962			9,902			16,815			—			35,679
Balance, end of period	$	—		$	—		$	13,974		$	27,476		$	(5,521	)	$	35,929

XML

Restatement (Tables)

6 Months Ended

Jun. 30, 2013

Accounting Changes and Error Corrections [Abstract]

Schedule of Quantifying Prior Year Misstatements Corrected in Financial Statements [Table Text Block]

Balance Sheet
(In thousands)	7/1/2012
Accumulated depreciation
As filed	$	(1,111,530	)
Correction	(8,369		)
As restated	$	(1,119,899	)
Total assets
As filed	$	2,141,898
Correction	(8,369		)
As restated	$	2,133,529
Deferred Tax Liability
As filed	$	137,288
Correction	(3,180		)
As restated	$	134,108
Limited Partners' Equity
As filed	$	93,946
Correction	(5,189		)
As restated	$	88,757

Statements of Operations and Other Comprehensive Income
(In thousands except per unit amounts)	Three months ended			Six months ended			Twelve months ended
	7/1/2012			7/1/2012			7/1/2012
Depreciation and amortization
As filed	$	48,330		$	52,409		$	130,837
Correction	(421		)	(421		)	(421		)
As restated	$	47,909		$	51,988		$	130,416
Loss (gain) on impairment / retirement of fixed assets, net
As filed	$	(862	)	$	(770	)	$	1,599
Correction	—			—			8,790
As restated	$	(862	)	$	(770	)	$	10,389
Income (loss) before tax
As filed	$	47,543		$	(39,411	)	$	139,267
Correction	421			421			(8,369		)
As restated	$	47,964		$	(38,990	)	$	130,898
Provision (benefit) for taxes
As filed	$	11,221		$	(10,318	)	$	16,970
Correction	160			160			(3,180		)
As restated	$	11,381		$	(10,158	)	$	13,790
Net income (loss)
As filed	$	36,322		$	(29,093	)	$	122,297
Correction	261			261			(5,189		)
As restated	$	36,583		$	(28,832	)	$	117,108
Basic earnings per limited partner unit:
As filed	$	0.65		$	(0.52	)	$	2.21
Correction	0.01			—			(0.10		)
As restated	$	0.66		$	(0.52	)	$	2.11
Diluted earnings per limited partner unit:
As filed	$	0.65		$	(0.52	)	$	2.19
Correction	0.01			—			(0.09		)
As restated	$	0.66		$	(0.52	)	$	2.10

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Consolidating Financial Information of Guarantors and Issuers Cash Flows (Details) (USD $) In Thousands, unless otherwise specified	1 Months Ended	3 Months Ended	6 Months Ended		12 Months Ended			3 Months Ended	6 Months Ended	12 Months Ended				3 Months Ended	6 Months Ended	12 Months Ended				3 Months Ended	6 Months Ended	12 Months Ended				3 Months Ended	6 Months Ended	12 Months Ended				3 Months Ended	6 Months Ended	12 Months Ended
	Feb. 26, 2012	Jun. 30, 2013	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Mar. 25, 2012	Jun. 30, 2013 Cedar Fair L.P. (Parent) [Member]	Jul. 01, 2012 Cedar Fair L.P. (Parent) [Member]	Jun. 30, 2013 Cedar Fair L.P. (Parent) [Member]	Mar. 25, 2012 Cedar Fair L.P. (Parent) [Member]	Dec. 31, 2012 Cedar Fair L.P. (Parent) [Member]	Jun. 26, 2011 Cedar Fair L.P. (Parent) [Member]	Jun. 30, 2013 Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]	Jul. 01, 2012 Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]	Jun. 30, 2013 Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]	Mar. 25, 2012 Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]	Dec. 31, 2012 Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]	Jun. 26, 2011 Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]	Jun. 30, 2013 Co-Issuer Subsidiary (Cedar Canada) [Member]	Jul. 01, 2012 Co-Issuer Subsidiary (Cedar Canada) [Member]	Jun. 30, 2013 Co-Issuer Subsidiary (Cedar Canada) [Member]	Mar. 25, 2012 Co-Issuer Subsidiary (Cedar Canada) [Member]	Dec. 31, 2012 Co-Issuer Subsidiary (Cedar Canada) [Member]	Jun. 26, 2011 Co-Issuer Subsidiary (Cedar Canada) [Member]	Jun. 30, 2013 Guarantor Subsidiaries [Member]	Jul. 01, 2012 Guarantor Subsidiaries [Member]	Jun. 30, 2013 Guarantor Subsidiaries [Member]	Mar. 25, 2012 Guarantor Subsidiaries [Member]	Dec. 31, 2012 Guarantor Subsidiaries [Member]	Jun. 26, 2011 Guarantor Subsidiaries [Member]	Jun. 30, 2013 Eliminations [Member]	Jul. 01, 2012 Eliminations [Member]	Jun. 30, 2013 Eliminations [Member]	Mar. 25, 2012 Eliminations [Member]	Dec. 31, 2012 Eliminations [Member]	Jun. 26, 2011 Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES		$ 82,556	$ 82,556	$ 64,605	$ 302,706	$ 256,915	$ 256,915	$ 4,808	$ (75,559)	$ 210,085	$ 146,874			$ (30,371)	$ 47,309	$ (47,009)	$ (73,709)			$ (4,856)	$ (12,724)	$ 29,440	$ 24,332			$ 44,138	$ 44,638	$ 140,865	$ 223,401			$ 68,837	$ 60,941	$ (30,675)	$ (63,983)
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates		0		0	0		0	38,056	41,361	27,874	(31,801)			37,167	11,532	(30,140)	(37,181)			(18,274)	(415)	(15,735)	(579)			17,909	13,984	(12,174)	11,099			(74,858)	(66,462)	30,175	58,462
Sale of other assets			0	1,173	14,885	1,173	(1,173)		1,173	0	(1,173)				0	0	0				0	0	0				0	14,885	0				0	0	0
Capital expenditures		(79,189)	(79,189)	(64,880)	(108,995)	(103,385)	(103,385)	(38,398)	(24,266)	(47,797)	(36,852)			0	0	(8)	0			(3,435)	(13,478)	(4,404)	(25,832)			(37,356)	(27,136)	(56,786)	(40,701)			0	0	0	0
Net cash for investing activities		(79,189)	(79,189)	(63,707)	(94,110)	(102,212)	(102,212)	(342)	18,268	(19,923)	(67,480)			37,167	11,532	(30,148)	(37,181)			(21,709)	(13,893)	(20,139)	(26,411)			(19,447)	(13,152)	(54,075)	(29,602)			(74,858)	(66,462)	30,175	58,462
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings (payments) on revolving credit loans		58,000	58,000	111,000	(53,000)	26,000	26,000	58,000	111,000	(53,000)	26,000			0	0	0	0			0	0	0	0			0	0	0	0			0	0	0	0
Term debt borrowings		630,000	630,000	0	630,000	0		359,022		359,022				256,500		256,500				14,478		14,478				0		0				0		0
Note borrowings		500,000	500,000	0	500,000	0		294,897		294,897				205,103		205,103				0		0				0		0				0		0
Derivative settlement	(50,450)		0	(50,450)	0	(50,450)	(50,450)		0		0				0		0				(50,450)		(50,450)				0		0				0		0
Repayments of Long-term Debt		(1,132,675)	(1,132,675)	(16,000)	(1,141,675)	(36,950)	(36,950)	(655,723)	(9,259)	(660,931)	(21,383)			(462,438)	(6,536)	(466,114)	(15,094)			(14,514)	(205)	(14,630)	(473)			0	0	0	0			0	0	0	0
Intercompany term debt (payments) receipts				0	0		0		0	0	0				7,482	86,362	183,138				0	0	0				(7,482)	(86,362)	(183,138)				0	0	0
Distributions (paid) received		(69,639)	(69,639)	(44,358)	(114,093)	(89,742)	(89,742)	(71,350)	(44,450)	(115,839)	(90,011)			1,711	92	1,746	269			0	0	0	0			0	0	0	0			0	0	0	0
Capital (contribution) infusion				0			0		0		0				(60,000)		(60,000)				60,000		60,000				0		0				0		0
Payments of Debt Issuance Costs		22,764	22,764	0	22,758	723	723	14,312		14,311	0			8,014		8,014	0			438		433	723			0		0	0			0		0	0
Exercise of limited partnership unit options		28	28	47	57	53	53	0	0	0	0			28	47	57	53			0	0	0	0			0	0	0	0			0	0	0	0
Excess tax benefit from unit-based compensation		(130)	(130)	(438)	1,517	(438)	(438)	0	0	0	0			(130)	(438)	1,517	(438)			0	0	0	0			0	0	0	0			0	0	0	0
Net cash for financing activities		(37,180)	(37,180)	(199)	(199,952)	(152,250)	(152,250)	(29,466)	57,291	(190,162)	(85,394)			(7,240)	(59,353)	77,157	107,928			(474)	9,345	(585)	8,354			0	(7,482)	(86,362)	(183,138)			0	0	0	0
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS		(1,389)	(1,389)	(294)	(945)	(2,203)	(2,203)	0	0	0	0			0	0	0	0			(1,389)	(294)	(945)	(2,203)			0	0	0	0			0	0	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period		(35,202)	(35,202)	405	7,699	250	250	(25,000)	0	0	(6,000)			(444)	(512)	0	(2,962)			(28,428)	(17,566)	7,771	4,072			24,691	24,004	428	10,661			(6,021)	(5,521)	(500)	(5,521)
Balance, beginning of period			78,830	35,524	35,929	35,679			0	0		25,000	6,000		512	0		444	2,962		31,540	13,974		50,173	9,902		3,472	27,476		3,213	16,815		0	(5,521)		0	0
Balance, end of period		$ 43,628	$ 43,628	$ 35,929	$ 43,628	$ 35,929		$ 0	$ 0	$ 0		$ 25,000	$ 6,000	$ 0	$ 0	$ 0		$ 444	$ 2,962	$ 21,745	$ 13,974	$ 21,745		$ 50,173	$ 9,902	$ 27,904	$ 27,476	$ 27,904		$ 3,213	$ 16,815	$ (6,021)	$ (5,521)	$ (6,021)		$ 0	$ 0

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Derivative Financial Instruments Schedule of Derivatives (Details) (USD $)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended					3 Months Ended		6 Months Ended		12 Months Ended														6 Months Ended																3 Months Ended		6 Months Ended		12 Months Ended						3 Months Ended		6 Months Ended		12 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended		6 Months Ended		12 Months Ended		6 Months Ended		12 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended
	Feb. 26, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Mar. 25, 2012	Dec. 31, 2012	Dec. 31, 2007 contract	Jun. 30, 2013 Interest Rate Swap [Member]	Jul. 01, 2012 Interest Rate Swap [Member]	Jun. 30, 2013 Interest Rate Swap [Member]	Jul. 01, 2012 Interest Rate Swap [Member]	Jun. 30, 2013 Interest Rate Swap [Member]	Jul. 01, 2012 Interest Rate Swap [Member]	Jun. 30, 2013 Forward-Starting Interest Rate Swap [Member]	Jun. 30, 2013 Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 1 [Member]	Jun. 30, 2013 Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 2 [Member]	Jun. 30, 2013 Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 3 [Member]	Jun. 30, 2013 Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 4 [Member]	Jun. 30, 2013 Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 5 [Member]	Jun. 30, 2013 Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 6 [Member]	Jun. 30, 2013 Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 7 [Member]	May 31, 2011 Foreign Currency Swap [Member]	Jun. 30, 2013 Cash Flow Hedging [Member] Cross-Currency Swap [Member]	Jun. 30, 2013 Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member] September 2010 Swaps [Member]	Feb. 28, 2011 Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member] September 2010 Swaps [Member]	Jun. 30, 2013 Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member] September 2010 and March 2011 Swaps [Member]	Mar. 05, 2013 Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member] September 2010 and March 2011 Swaps [Member]	Jun. 30, 2013 Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member] May 2011 Swaps [Member]	Mar. 05, 2013 Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member] May 2011 Swaps [Member]	Jun. 30, 2013 Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member] September 2010, March 2011, and March 2013 Swaps [Member] [Domain]	Jun. 30, 2013 Not Designated As Hedging [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Not Designated As Hedging [Member] Forward-Starting Interest Rate Swap [Member]	Jun. 30, 2013 Not Designated As Hedging [Member] Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 8 [Member]	Jun. 30, 2013 Not Designated As Hedging [Member] Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 9 [Member]	Jun. 30, 2013 Not Designated As Hedging [Member] Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 10 [Member]	Jun. 30, 2013 Not Designated As Hedging [Member] Forward-Starting Interest Rate Swap [Member] Forward Starting Interest Rate Swap 11 [Member]	Jun. 30, 2013 Designated As Hedging [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Designated As Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Designated As Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Senior Unsecured Notes [Member]	Jun. 30, 2013 Notes Payable Due 2021 [Member] [Domain] Senior Unsecured Notes [Member]	Jun. 30, 2013 Credit Agreement 2013 [Member] [Domain]	Jun. 30, 2013 Credit Agreement 2013 [Member] [Domain] Senior Secured Term Loan [Member]	Jun. 30, 2013 Interest Expense [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Interest Expense [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Interest Expense [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Interest Expense [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Interest Expense [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Interest Expense [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Cross-Currency Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Cross-Currency Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Cross-Currency Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Cross-Currency Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Foreign Currency Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Foreign Currency Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Foreign Currency Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Not Designated As Hedging [Member] Foreign Currency Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Net Effect of Swaps [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Net Effect of Swaps [Member] Designated As Hedging [Member] Cash Flow Hedging [Member] Interest Rate Swap [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net																																													$ 0	$ (2,866,000)	$ 2,266,000	$ (2,746,000)	$ 5,152,000	$ (18,396,000)
Derivative, Net Hedge Ineffectiveness Gain (Loss)																																																																																	3,268,000	0	3,703,000	0	3,703,000	20,193,000
Derivative Instruments, Gain (Loss) Recognized in Income, Net																																																													992,000	0	(479,000)	1,279,000	(479,000)	6,058,000	992,000	0	(479,000)	0	(479,000)	0	0	(4,999,000)	0	9,139,000	0	6,278,000	0	(3,081,000)
Gain on Cash Flow Hedge Ineffectiveness					1,300,000
Derivative settlement	(50,450,000)			0	(50,450,000)	0	(50,450,000)	(50,450,000)
Foreign currency gain (loss)					(200,000)		300,000
Notional amount																	600,000,000	200,000,000	75,000,000	50,000,000	150,000,000	50,000,000	50,000,000	25,000,000													200,000,000	50,000,000	30,000,000	70,000,000	50,000,000
Fixed interest rate																		2.27%	2.298%	2.293%	2.427%	2.293%	2.427%	2.298%														2.54%	2.54%	2.54%	2.54%
Average rate																	2.33%												2.46%		2.54%		2.331%				2.54%
Debt Instrument, Face Amount																																																				500,000,000	885,000,000	630,000,000
Net effect of swaps		2,273,000	173,000	(6,938,000)	1,143,000	(6,589,000)	14,717,000																						3,300,000
Derivative, amount of hedged item																										268,700,000	600,000,000				200,000,000
Debt Instrument, Interest Rate, Stated Percentage																																																			9.125%	5.25%
Number of derivative instruments										2																					4
Debt instrument, LIBOR floor, decrease to percent		1.00%		1.00%		1.00%
Debt instrument, LIBOR floor, decrease from percent		1.50%		1.50%		1.50%
Percentage of debt required to swap to fixed rates																									75.00%
Interest rate LIBOR floor																																																						0.75%
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax																												7,200,000		26,100,000		7,800,000
Derivative Liability		26,772,000	35,146,000	26,772,000	35,146,000	26,772,000	35,146,000		32,260,000																					22,200,000				(6,650,000)	0	0						(20,122,000)	(32,260,000)	(35,146,000)
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net				7,800,000		7,800,000
Amortization of Deferred Hedge Gains											2,000,000	(200,000)	2,300,000	400,000	2,000,000	11,300,000
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net																																																							$ 0	$ (3,221,000)	$ (2,797,000)	$ (6,014,000)	$ (8,810,000)	$ (9,037,000)

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Restatement Restated Balance Sheet (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jul. 01, 2012
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated depreciation	$ (1,197,126)	$ (1,162,213)	$ (1,119,899)
Total assets	2,080,895	2,019,865	2,133,529
Deferred Tax Liability	154,292	153,792	134,108
Limited Partners' Equity	49,986	177,660	88,757
As previously filed [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated depreciation			(1,111,530)
Total assets			2,141,898
Deferred Tax Liability			137,288
Limited Partners' Equity			93,946
Correction [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated depreciation			(8,369)
Total assets			(8,369)
Deferred Tax Liability			(3,180)
Limited Partners' Equity			$ (5,189)

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Goodwill and Other Intangible Assets Goodwill (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jul. 01, 2012
Goodwill [Roll Forward]
Goodwill (gross), beginning of period	$ 326,089
Accumulated Impairment Losses, beginning of period	(79,868)
Goodwill (net), beginning of period	246,221	243,239
Foreign currency translation	(6,741)
Goodwill (gross), end of period	319,348
Accumulated Impairment Losses, end of period	(79,868)
Goodwill (net), end of period	$ 239,480	$ 243,239

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Consolidating Financial Information of Guarantors and Issuers (Details) (Senior Unsecured Notes [Member])	Jun. 30, 2013
Condensed Financial Statements, Captions [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	9.125%
Notes Payable Due 2018 [Member]
Condensed Financial Statements, Captions [Line Items]
Subsidiary ownership percentage guaranteeing notes	100.00%
Subsidiary guarantor ownership percentage	100.00%
Notes Payable Due 2021 [Member] [Domain]
Condensed Financial Statements, Captions [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.25%

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Earnings per Unit (Tables)

12 Months Ended

Jun. 30, 2013

Earnings Per Unit [Abstract]

Net income (loss) per limited partner unit

Net income (loss) per limited partner unit is calculated based on the following unit amounts:

	Three months ended				Six months ended						Twelve months ended
	6/30/2013		7/1/2012		6/30/2013			7/1/2012			6/30/2013		7/1/2012
	(In thousands except per unit amounts)
Basic weighted average units outstanding	55,484		55,481		55,464			55,433			55,446		55,389
Effect of dilutive units:
Unit options and restricted unit awards	152		2		—			—			84		3
Phantom units	186		335		—			—			261		452
Diluted weighted average units outstanding	55,822		55,818		55,464			55,433			55,791		55,844
Net income (loss) per unit - basic	$	0.85	$	0.66	$	(1.11	)	$	(0.52	)	$	1.24	$	2.11
Net income (loss) per unit - diluted	$	0.85	$	0.66	$	(1.11	)	$	(0.52	)	$	1.24	$	2.10

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Unaudited Condensed Consolidated Statement of Partners' Equity (Parenthetical) (USD $) In Thousands, except Per Share data, unless otherwise specified	6 Months Ended
	Jun. 30, 2013
Foreign currency translation adjustment, tax	$ (1,090)
Unrealized loss on cash flow hedging derivatives, tax	$ (1,861)
Partnership distribution declared, amount per limited partnership unit	$ 1.25

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Basis of Presentation

6 Months Ended

Jun. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared from the financial records of Cedar Fair, L.P. (the Partnership) without audit and reflect all adjustments which are, in the opinion of management, necessary to fairly present the results of the interim periods covered in this report.

Due to the highly seasonal nature of the Partnership’s amusement and water park operations, the results for any interim period are not indicative of the results to be expected for the full fiscal year. Accordingly, the Partnership has elected to present financial information regarding operations and cash flows for the preceding fiscal twelve-month periods ended June 30, 2013 and July 1, 2012 to accompany the quarterly results. Because amounts for the fiscal twelve months ended June 30, 2013 include actual 2012 season operating results, they may not be indicative of 2013 full calendar year operations.

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Long-Lived Assets

6 Months Ended

Jun. 30, 2013

Impairment or Disposal of Tangible Assets Disclosure [Abstract]

Long-Lived Assets

Long-Lived Assets:

Long-lived assets are reviewed for impairment upon the occurrence of events or changes in circumstances that would indicate that the carrying value of the assets may not be recoverable. In order to determine if an asset has been impaired, assets are grouped and tested at the lowest level for which identifiable, independent cash flows are available. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include, among others: a significant decline in expected future cash flows; a sustained, significant decline in equity price and market capitalization; a significant adverse change in legal factors or in the business climate; unanticipated competition; and slower growth rates. Any adverse change in these factors could have a significant impact on the recoverability of these assets and could have a material impact on our consolidated financial statements.

The long-lived operating asset impairment test involves a two-step process. The first step is a comparison of each asset group's carrying value to its estimated undiscounted future cash flows expected to result from the use of the assets, including disposition. Projected future cash flows reflect management's best estimates of economic and market conditions over the projected period, including growth rates in revenues and costs, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates and future estimates of capital expenditures. If the carrying value of the asset group is higher than its undiscounted future cash flows, there is an indication that impairment exists and the second step must be performed to measure the amount of impairment loss. The amount of impairment is determined by comparing the implied fair value of the asset group to its carrying value in a manner consistent with the highest and best use of those assets.

The Partnership estimates fair value of operating assets using an income, market, and/or cost approach. The income approach which uses an asset group's projection of estimated operating results and cash flows that is discounted using a weighted-average cost of capital reflective of current market conditions. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The cost approach is based on the amount currently required to replace the service capacity of an asset adjusted for obsolescence. If the implied fair value of the assets is less than their carrying value, an impairment charge is recorded for the difference.

Non-operating assets are evaluated for impairment based on changes in market conditions. When changes in market conditions are observed, impairment is estimated using a market-based approach. If the estimated fair value of the non-operating assets is less than their carrying value, an impairment charge is recorded for the difference.

At the end of the third quarter of 2012, the Partnership concluded based on 2012 operating results and updated forecasts, that a review of the carrying value of operating long-lived assets at Wildwater Kingdom was warranted. After performing its review, the Partnership determined that a portion of the park's fixed assets were impaired. Also, at the end of the third quarter of 2012, the Partnership concluded that market conditions had changed on the adjacent non-operating land of Wildwater Kingdom. After performing its review of the updated market value of the land, the Partnership determined the land was impaired. The Partnership recognized a total of $25.0 million of fixed-asset impairment during the third quarter of 2012 which was recorded in "Loss on impairment / retirement of fixed assets, net" on the condensed consolidated statement of operations.

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Significant Accounting and Reporting Policies

6 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Significant Accounting and Reporting Policies

Significant Accounting and Reporting Policies:

The Partnership’s unaudited condensed consolidated financial statements for the periods ended June 30, 2013 and July 1, 2012 included in this Form 10-Q report have been prepared in accordance with the accounting policies described in the Notes to Consolidated Financial Statements for the year ended December 31, 2012, which were included in the Form 10-K/A filed on May 10, 2013. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the Commission). These financial statements should be read in conjunction with the financial statements and the notes thereto included in the Form 10-K/A referred to above.

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Restatement Restated Comprehensive Income Statement (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012
Depreciation and amortization	$ 46,032	$ 47,909	$ 50,818	$ 51,988	$ 125,136	$ 130,416
Loss (gain) on impairment / retirement of fixed assets, net	29	(862)	629	(770)	31,735	10,389
Income (loss) before tax	59,050	47,964	(85,735)	(38,990)	86,869	130,898
Provision (benefit) for taxes	11,660	11,381	(23,999)	(10,158)	17,917	13,790
Net income (loss)	47,390	36,583	(61,736)	(28,832)	68,952	117,108
Basic earnings per limited partner unit	0.85	0.66	(1.11)	(0.52)	1.24	2.11
Diluted earnings per limited partner unit	0.85	0.66	(1.11)	(0.52)	1.24	2.10
As previously filed [Member]
Depreciation and amortization		48,330		52,409		130,837
Loss (gain) on impairment / retirement of fixed assets, net		(862)		(770)		1,599
Income (loss) before tax		47,543		(39,411)		139,267
Provision (benefit) for taxes		11,221		(10,318)		16,970
Net income (loss)		36,322		(29,093)		122,297
Basic earnings per limited partner unit		0.65		(0.52)		2.21
Diluted earnings per limited partner unit		0.65		(0.52)		2.19
Correction [Member]
Depreciation and amortization		(421)		(421)		(421)
Loss (gain) on impairment / retirement of fixed assets, net		0		0		8,790
Income (loss) before tax		421		421		(8,369)
Provision (benefit) for taxes		160		160		(3,180)
Net income (loss)		$ 261		$ 261		$ (5,189)
Basic earnings per limited partner unit		0.01		0		(0.10)
Diluted earnings per limited partner unit		0.01		0		(0.09)

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Changes in Accumulated Other Comprehensive Income by Component (Tables)

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Changes in accumulated other comprehensive income (loss)

	Changes in Accumulated Other Comprehensive Income by Component (1)
(In thousands)
		Gains and
		Losses on			Foreign
		Cash Flow			Currency
		Hedges			Items			Total
Balance at December 31, 2012		$	(25,749	)	$	(2,751	)	$	(28,500	)
	Other comprehensive
	income before
	reclassifications	1,940			1,893			3,833
	Amounts reclassified
	from accumulated
	other comprehensive
	income (2)	8,624			—			8,624
Net current-period other
comprehensive income		10,564			1,893			12,457
June 30, 2013		$	(15,185	)	$	(858	)	$	(16,043	)

(1) All amounts are net of tax. Amounts in parentheses indicate debits.

(2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details.

Reclassification out of accumulated other comprehensive income

Reclassifications Out of Accumulated Other Comprehensive Income (1)
(In thousands)
Details about Accumulated Other Comprehensive Income Components	Amount Reclassified from Accumulated Other Comprehensive Income			Affected Line Item in the Statement Where Net Income is Presented
Gains and losses on cash flow hedges
Interest rate contracts	$	10,160		Net effect of swaps
	$	10,160		Total before tax
	(1,536		)	Provision (benefit) for taxes
	$	8,624		Net of tax

(1) Amounts in parentheses indicate debits.

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Goodwill and Other Intangible Assets Other Intangible Assets (Details) (USD $)	3 Months Ended	6 Months Ended
	Jul. 01, 2012	Jun. 30, 2013	Dec. 31, 2012
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Carrying Amount/Value	$ 39,799,000	$ 39,267,000	$ 40,222,000
Accumulated Amortization	340,000	379,000	360,000
Total other intangible assets, gross carrying amount	40,589,000	40,098,000	41,012,000
Total other intangibe assets, net carrying value	40,249,000	39,719,000	40,652,000
Amortization expense of other intangibles	18,000	19,000
Estimated amortization expense, remainder of 2011		18,000
Maximum [Member]
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Net Carrying Value		50,000
Estimated amortization expense, 2012 through 2015		50,000
License / Franchise Agreements [Member]
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross Carrying Amount	790,000	831,000	790,000
Accumulated Amortization	340,000	379,000	360,000
Net Carrying Value	450,000	452,000	430,000
Estimated amortization expense, 2012 through 2015	$ 450,000	$ 452,000	$ 430,000

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Fair Value Measurements (Details) (USD $)				3 Months Ended	6 Months Ended
	Jun. 30, 2013	Dec. 31, 2012	Jul. 01, 2012	Sep. 30, 2012 Wildwater Kingdom [Member]	Jun. 30, 2013 Wildwater Kingdom [Member]	Jun. 30, 2013 Total [Member] Fair Value, Measurements, Nonrecurring [Member]	Jun. 30, 2013 Total [Member] Fair Value, Measurements, Recurring [Member]	Dec. 31, 2012 Total [Member] Fair Value, Measurements, Recurring [Member]	Jul. 01, 2012 Total [Member] Fair Value, Measurements, Recurring [Member]	Jun. 30, 2013 Level 1 [Member] Fair Value, Measurements, Recurring [Member]	Dec. 31, 2012 Level 1 [Member] Fair Value, Measurements, Recurring [Member]	Jul. 01, 2012 Level 1 [Member] Fair Value, Measurements, Recurring [Member]	Jun. 30, 2013 Level 2 [Member] Fair Value, Measurements, Recurring [Member]	Dec. 31, 2012 Level 2 [Member] Fair Value, Measurements, Recurring [Member]	Jul. 01, 2012 Level 2 [Member] Fair Value, Measurements, Recurring [Member]	Jun. 30, 2013 Level 3 [Member] Fair Value, Measurements, Recurring [Member]	Dec. 31, 2012 Level 3 [Member] Fair Value, Measurements, Recurring [Member]	Jul. 01, 2012 Level 3 [Member] Fair Value, Measurements, Recurring [Member]	Jun. 30, 2013 Designated As Hedging [Member]	Dec. 31, 2012 Designated As Hedging [Member]	Jul. 01, 2012 Designated As Hedging [Member]	Jun. 30, 2013 Designated As Hedging [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Designated As Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Designated As Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Designated As Hedging [Member] Total [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member]		Jul. 01, 2012 Designated As Hedging [Member] Total [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Designated As Hedging [Member] Total [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member] Other Assets [Member]		Jul. 01, 2012 Designated As Hedging [Member] Level 1 [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Designated As Hedging [Member] Level 1 [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member] Other Assets [Member]	Jul. 01, 2012 Designated As Hedging [Member] Level 2 [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Designated As Hedging [Member] Level 2 [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member] Other Assets [Member]	Jul. 01, 2012 Designated As Hedging [Member] Level 3 [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Designated As Hedging [Member] Level 3 [Member] Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member] Other Assets [Member]	Jun. 30, 2013 Not Designated As Hedging [Member]	Dec. 31, 2012 Not Designated As Hedging [Member]	Jul. 01, 2012 Not Designated As Hedging [Member]	Jun. 30, 2013 Not Designated As Hedging [Member] Interest Rate Swap [Member]	Dec. 31, 2012 Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jul. 01, 2012 Not Designated As Hedging [Member] Interest Rate Swap [Member]	Jun. 30, 2013 Senior Unsecured Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	$ (26,772,000)	$ (32,260,000)	$ (35,146,000)																			$ 20,122,000	$ 32,260,000	$ 35,146,000	$ (20,122,000)	[1]	$ 35,146,000			$ 0		$ 35,146,000		$ 0					$ 6,650,000	$ 0	$ 0
Derivative assets, current																												(32,260,000)	[1]		0		(32,260,000)		0
Net derivative liability	(26,772,000)	(32,260,000)	(35,146,000)				(26,772,000)	(32,260,000)	(35,146,000)	0	0	0	(26,772,000)	(32,260,000)	(35,146,000)	0	0	0	(20,122,000)	(32,260,000)	(35,146,000)															(6,650,000)	0	0
Increase in net derivative liability	700,000
Fixed assets, fair value						19,800,000
Fixed-asset impairment				25,000,000	25,000,000
Fair value of term debt	630,000,000
Debt Instrument, Interest Rate, Stated Percentage																																										9.125%
Fair value of notes																																										$ 913,200,000

[1] ncluded in “Derivative Liability” on the Unaudited Condensed Consolidated Balance Sheet

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Consolidating Financial Information of Guarantors and Issuers Income Statement (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012
Condensed Financial Statements, Captions [Line Items]
Net revenues	$ 361,620	$ 357,606	$ 403,419	$ 385,804	$ 1,086,069	$ 1,102,917
Costs and expenses:
Cost of food, merchandise and games revenues	31,053	32,486	36,090	36,573	94,565	97,407
Operating expenses	141,284	146,236	217,941	217,521	451,823	458,266
Selling, general and administrative	45,767	44,511	66,806	62,495	142,622	144,773
Depreciation and amortization	46,032	47,909	50,818	51,988	125,136	130,416
Loss (gain) on impairment / retirement of fixed assets, net	29	(862)	629	(770)	31,735	10,389
Gain on sale of other assets	0	0	0	0	(6,625)	0
Total costs and expenses	264,165	270,280	372,284	367,807	839,256	841,251
Operating income	97,455	87,326	31,135	17,997	246,813	261,666
Interest Income (Expense), Net	25,792	30,234	51,515	57,021	105,045	130,840
Net effect of swaps	(2,273)	(173)	6,938	(1,143)	6,589	(14,717)
Loss on early debt extinguishment	0	0	34,573	0	34,573	0
Unrealized / realized foreign currency (gain) loss	14,886	9,301	23,844	1,109	13,737	14,863
Other Income Expense	0	0	0	0	0	(218)
(Income) loss from investment in affiliates	0	0	0	0	0	0
Income (loss) before taxes	59,050	47,964	(85,735)	(38,990)	86,869	130,898
Provision (benefit) for taxes	11,660	11,381	(23,999)	(10,158)	17,917	13,790
Net income (loss)	47,390	36,583	(61,736)	(28,832)	68,952	117,108
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592	481	1,893	(688)	2,950	733
Unrealized income (loss) on cash flow hedging derivatives	1,679	(2,370)	10,564	(2,031)	12,735	(3,854)
Other comprehensive income (loss), (net of tax)	3,271	(1,889)	12,457	(2,719)	15,685	(3,121)
Total Comprehensive Income (Loss)	50,661	34,694	(49,279)	(31,551)	84,637	113,987
Cedar Fair L.P. (Parent) [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	43,925	43,745	48,243	45,201	148,757	150,783
Costs and expenses:
Cost of food, merchandise and games revenues	0	0	0	0	0	0
Operating expenses	1,408	1,438	2,831	2,773	5,438	5,341
Selling, general and administrative	1,222	1,656	2,514	2,988	6,021	6,309
Depreciation and amortization	12,891	13,531	13,366	14,227	36,799	38,843
Loss (gain) on impairment / retirement of fixed assets, net	0	(861)	36	(779)	25,950	15
Gain on sale of other assets					0
Total costs and expenses	15,521	15,764	18,747	19,209	74,208	50,508
Operating income	28,404	27,981	29,496	25,992	74,549	100,275
Interest Income (Expense), Net	10,210	13,067	20,722	24,225	45,022	61,742
Net effect of swaps	(1,378)	(104)	4,257	69	4,050	(9,027)
Loss on early debt extinguishment			21,175		21,175
Unrealized / realized foreign currency (gain) loss	0	0	0	0	0	0
Other Income Expense	187	188	375	375	749	533
(Income) loss from investment in affiliates	(30,875)	(24,476)	41,221	26,015	(74,816)	(80,137)
Income (loss) before taxes	50,260	39,306	(58,254)	(24,692)	78,369	127,164
Provision (benefit) for taxes	2,870	2,723	3,482	4,140	9,417	10,056
Net income (loss)	47,390	36,583	(61,736)	(28,832)	68,952	117,108
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592	481	1,893	(688)	2,950	733
Unrealized income (loss) on cash flow hedging derivatives	1,679	(2,370)	10,564	(2,031)	12,735	(3,854)
Other comprehensive income (loss), (net of tax)	3,271	(1,889)	12,457	(2,719)	15,685	(3,121)
Total Comprehensive Income (Loss)	50,661	34,694	(49,279)	(31,551)	84,637	113,987
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	85,358	77,510	93,729	80,087	271,778	267,882
Costs and expenses:
Cost of food, merchandise and games revenues	0	0	0	0	0	0
Operating expenses	52,246	52,584	73,852	73,020	177,188	175,593
Selling, general and administrative	26,888	24,525	43,501	38,221	91,895	88,725
Depreciation and amortization	9	9	18	18	40	42
Loss (gain) on impairment / retirement of fixed assets, net	0	0	0	0	0	0
Gain on sale of other assets					0
Total costs and expenses	79,143	77,118	117,371	111,259	269,123	264,360
Operating income	6,215	392	(23,642)	(31,172)	2,655	3,522
Interest Income (Expense), Net	7,246	8,084	14,923	14,699	29,552	24,419
Net effect of swaps	(895)	(69)	2,681	263	2,539	(121)
Loss on early debt extinguishment			12,781		12,781
Unrealized / realized foreign currency (gain) loss	0	0	0	0	0	0
Other Income Expense	(2,128)	(2,041)	(4,516)	(5,076)	(8,947)	(9,873)
(Income) loss from investment in affiliates	(15,540)	(16,973)	20,100	6,477	(52,527)	(28,421)
Income (loss) before taxes	17,532	11,391	(69,611)	(47,535)	19,257	17,518
Provision (benefit) for taxes	684	(1,876)	(16,981)	(13,548)	(13,289)	(26,630)
Net income (loss)	16,848	13,267	(52,630)	(33,987)	32,546	44,148
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	0	0	0	0	0	0
Unrealized income (loss) on cash flow hedging derivatives	503	(775)	3,038	(677)	3,635	(4,884)
Other comprehensive income (loss), (net of tax)	503	(775)	3,038	(677)	3,635	(4,884)
Total Comprehensive Income (Loss)	17,351	12,492	(49,592)	(34,664)	36,181	39,264
Co-Issuer Subsidiary (Cedar Canada) [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	34,954	41,841	35,243	42,107	133,554	138,595
Costs and expenses:
Cost of food, merchandise and games revenues	2,994	3,541	2,994	3,541	9,769	10,743
Operating expenses	15,586	15,935	21,527	21,592	47,798	47,795
Selling, general and administrative	3,868	4,295	4,579	5,055	10,659	11,892
Depreciation and amortization	6,818	6,985	6,818	6,985	18,032	17,976
Loss (gain) on impairment / retirement of fixed assets, net	0	(1)	478	9	475	(52)
Gain on sale of other assets					0
Total costs and expenses	29,266	30,755	36,396	37,182	86,733	88,354
Operating income	5,688	11,086	(1,153)	4,925	46,821	50,241
Interest Income (Expense), Net	9,843	10,598	19,607	21,001	39,476	48,119
Net effect of swaps	0	0	0	(1,475)	0	(5,569)
Loss on early debt extinguishment			617		617
Unrealized / realized foreign currency (gain) loss	14,886	9,301	23,844	1,109	13,737	14,863
Other Income Expense	583	512	1,383	709	2,694	1,602
(Income) loss from investment in affiliates	(8,232)	(6,955)	(4,712)	(3,541)	(15,768)	(6,557)
Income (loss) before taxes	(11,392)	(2,370)	(41,892)	(12,878)	6,065	(2,217)
Provision (benefit) for taxes	(6,732)	(1,322)	(15,986)	(3,656)	(8,917)	7,042
Net income (loss)	(4,660)	(1,048)	(25,906)	(9,222)	14,982	(9,259)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592	481	1,893	(688)	2,950	733
Unrealized income (loss) on cash flow hedging derivatives	0	0	0	21	0	21
Other comprehensive income (loss), (net of tax)	1,592	481	1,893	(667)	2,950	754
Total Comprehensive Income (Loss)	(3,068)	(567)	(24,013)	(9,889)	17,932	(8,505)
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	326,473	315,637	367,983	343,569	952,082	963,915
Costs and expenses:
Cost of food, merchandise and games revenues	28,059	28,945	33,096	33,032	84,796	86,664
Operating expenses	201,134	197,406	261,510	245,296	641,501	647,795
Selling, general and administrative	13,789	14,035	16,212	16,231	34,047	37,847
Depreciation and amortization	26,314	27,384	30,616	30,758	70,265	73,555
Loss (gain) on impairment / retirement of fixed assets, net	29	0	115	0	5,310	10,426
Gain on sale of other assets					(6,625)
Total costs and expenses	269,325	267,770	341,549	325,317	829,294	856,287
Operating income	57,148	47,867	26,434	18,252	122,788	107,628
Interest Income (Expense), Net	(1,507)	(1,515)	(3,737)	(2,904)	(9,005)	(3,440)
Net effect of swaps	0	0	0	0	0	0
Loss on early debt extinguishment			0		0
Unrealized / realized foreign currency (gain) loss	0	0	0	0	0	0
Other Income Expense	1,358	1,341	2,758	3,992	5,504	7,520
(Income) loss from investment in affiliates	4,649	(260)	25,876	6,803	(12,687)	6,067
Income (loss) before taxes	52,648	48,301	1,537	10,361	138,976	97,481
Provision (benefit) for taxes	14,838	11,856	5,486	2,906	30,706	23,322
Net income (loss)	37,810	36,445	(3,949)	7,455	108,270	74,159
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	0	0	0	0	0	0
Unrealized income (loss) on cash flow hedging derivatives	0	0	0	0	0	0
Other comprehensive income (loss), (net of tax)	0	0	0	0	0	0
Total Comprehensive Income (Loss)	37,810	36,445	(3,949)	7,455	108,270	74,159
Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	(129,090)	(121,127)	(141,779)	(125,160)	(420,102)	(418,258)
Costs and expenses:
Cost of food, merchandise and games revenues	0	0	0	0	0	0
Operating expenses	(129,090)	(121,127)	(141,779)	(125,160)	(420,102)	(418,258)
Selling, general and administrative	0	0	0	0	0	0
Depreciation and amortization	0	0	0	0	0	0
Loss (gain) on impairment / retirement of fixed assets, net	0	0	0	0	0	0
Gain on sale of other assets					0
Total costs and expenses	(129,090)	(121,127)	(141,779)	(125,160)	(420,102)	(418,258)
Operating income	0	0	0	0	0	0
Interest Income (Expense), Net	0	0	0	0	0	0
Net effect of swaps	0	0	0	0	0	0
Loss on early debt extinguishment			0		0
Unrealized / realized foreign currency (gain) loss	0	0	0	0	0	0
Other Income Expense	0	0	0	0	0	0
(Income) loss from investment in affiliates	49,998	48,664	(82,485)	(35,754)	155,798	109,048
Income (loss) before taxes	(49,998)	(48,664)	82,485	35,754	(155,798)	(109,048)
Provision (benefit) for taxes	0	0	0	0	0	0
Net income (loss)	(49,998)	(48,664)	82,485	35,754	(155,798)	(109,048)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(1,592)	(481)	(1,893)	688	(2,950)	(733)
Unrealized income (loss) on cash flow hedging derivatives	(503)	775	(3,038)	656	(3,635)	4,863
Other comprehensive income (loss), (net of tax)	(2,095)	294	(4,931)	1,344	(6,585)	4,130
Total Comprehensive Income (Loss)	$ (52,093)	$ (48,370)	$ 77,554	$ 37,098	$ (162,383)	$ (104,918)

XML

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jul. 01, 2012
Limited partners, units outstanding	55,713	55,618	55,517

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Derivative Financial Instruments

6 Months Ended

Jun. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Derivative Financial Instruments:

Derivative financial instruments are used within the Partnership’s overall risk management program to manage certain interest rate and foreign currency risks. The Partnership does not use derivative financial instruments for trading purposes.

In September 2010 the Partnership entered into several forward-starting swap agreements ("September 2010 swaps") to effectively convert a total of $600 million of variable-rate debt to fixed rates beginning in October 2011. As a result of the February 2011 amendment to the 2010 Credit Agreement, the LIBOR floor on the term loan portion of its credit facilities decreased to 100 bps from 150 bps, causing a mismatch in critical terms of the September 2010 swaps and the underlying debt. Because of the mismatch of critical terms, the Partnership determined the September 2010 swaps, which were originally designated as cash flow hedges, were no longer highly effective, resulting in the de-designation of the swaps as of the end of February 2011. As a result of this ineffectiveness, gains of $7.2 million recorded in accumulated other comprehensive income (AOCI) through the date of de-designation are being amortized through December 2015.

In March 2011, the Partnership entered into several additional forward-starting basis-rate swap agreements ("March 2011 swaps") that, when combined with the September 2010 swaps, effectively converted $600 million of variable-rate debt to fixed rates beginning in October 2011. The September 2010 swaps and the March 2011 swaps were jointly designated as cash flow hedges, maturing in December 2015 and had fixed LIBOR at a weighted average rate of 2.46%. For the period that the September 2010 swaps were de-designated, their fair value decreased by $3.3 million, the offset of which was recognized as a direct charge to the Partnership's earnings and recorded to “Net effect of swaps” on the consolidated statement of operations along with the regular amortization of “Other comprehensive income (loss)” balances related to these swaps. No other ineffectiveness related to these swaps was recorded in any period presented.

In May 2011, the Partnership entered into four additional forward-starting basis-rate swap agreements ("May 2011 swaps") that effectively converted another $200 million of variable-rate debt to fixed rates beginning in October 2011. These swaps, which were designated as cash flow hedges, mature in December 2015 and fixed LIBOR at a weighted average rate of 2.54%.

As a result of the 2013 Credit Agreement, the previously described swaps were de-designated as the spreads of the 2013 Credit Agreement decreased to 75 bps from 100 bps in the Amended 2010 Credit Agreement. The May 2011 swaps remain de-designated as the amount of variable rate debt decreased to $630 million, resulting in no hedging relationship for these swaps. On March 4, 2013, the Partnership entered into several forward-starting swap agreements ("March 2013 swaps") that were not designated as a cash flow hedge on that date. On March 6, 2013, the March 2013 swaps were combined with the September 2010 swaps and the March 2011 swaps, and designated as cash flow hedges, effectively converting $600 million of variable-rate debt to fixed rates. The September 2010 swaps, the March 2011 swaps, and the March 2013 swaps were jointly designated as cash flow hedges, mature in December 2015 and fix LIBOR at a weighted average rate of 2.331%. At the time of the de-designation, the fair market value of the September 2010 swaps and March 2011 swaps was $22.2 million. Amounts in Accumulated Other Comprehensive Income (“AOCI”) at the time of de-designation related to these swaps was $26.1 million. This amount is being amortized out of AOCI into expense in "Net effect of swaps" in the unaudited condensed consolidated statements of operations and comprehensive income through December 2015. At the time of the de-designation, the fair market value of the May 2011 swaps was $7.8 million and was immediately recognized into expense in "Net effect of swaps" in the unaudited condensed consolidated statements of operations.

The fair market value of the September 2010 swaps, the March 2011 swaps, and the March 2013 swaps at June 30, 2013 was a liability of $20.1 million, which was recorded in “Derivative Liability” on the condensed consolidated balance sheet. The May 2011 swaps had a fair market value of $6.7 million as of June 30, 2013 and was recorded in “Derivative Liability” on the condensed consolidated balance sheet.

In 2007, the Partnership entered into two cross-currency swap agreements, which effectively converted $268.7 million of term debt at the time, and the associated interest payments, related to its wholly owned Canadian subsidiary from variable U.S. dollar denominated debt to fixed-rate Canadian dollar denominated debt. The Partnership originally designated these cross-currency swaps as foreign currency cash flow hedges. Cash flows related to these swap agreements were included in interest expense over the term of the agreement. These swap agreements expired in February 2012.

In May 2011 and July 2011, the Partnership entered into several foreign currency swap agreements to fix the exchange rate on approximately 75% of the termination payment associated with the cross-currency swap agreements that expired in February 2012. The Partnership did not seek hedge accounting treatment on these foreign currency swaps, and as such, changes in fair value of the swaps flowed directly through earnings along with changes in fair value on the related, de-designated cross-currency swaps. In February 2012, all of the cross-currency and related currency swap agreements were settled for $50.5 million.

Fair Value of Derivative Instruments in Condensed Consolidated Balance Sheet:

(In thousands):	Condensed Consolidated Balance Sheet Location	Fair Value as of			Fair Value as of			Fair Value as of
		June 30, 2013			December 31, 2012			July 1, 2012
Derivatives designated as hedging instruments:
Interest rate swaps	Derivative Liability	(20,122		)	(32,260		)	(35,146		)
Total derivatives designated as hedging instruments		$	(20,122	)	$	(32,260	)	$	(35,146	)
Derivatives not designated as hedging instruments:
Interest rate swaps	Derivative Liability	$	(6,650	)	$	—		$	—
Total derivatives not designated as hedging instruments		$	(6,650	)	$	—		$	—
Net derivative liability		$	(26,772	)	$	(32,260	)	$	(35,146	)

The following table presents our September 2010 swaps, March 2011 swaps, May 2011 swaps, and March 2013 swaps which mature December 15, 2015, along with their notional amounts and their fixed interest rates.

	Interest Rate Swaps
($'s in thousands)	Derivatives designated as hedging instruments				Derivatives not designated as hedging instruments
	Notional Amounts		LIBOR Rate		Notional Amounts		LIBOR Rate
	$	200,000	2.27	%	50,000		2.54	%
	75,000		2.30	%	30,000		2.54	%
	50,000		2.29	%	70,000		2.54	%
	150,000		2.43	%	50,000		2.54	%
	50,000		2.29	%
	50,000		2.43	%
	25,000		2.30	%
Total $'s / Average Rate	$	600,000	2.33	%	$	200,000	2.54	%

Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the three-month periods ended June 30, 2013 and July 1, 2012:

(In thousands):	Amount of Gain (Loss) Recognized in  Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)						Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Three months ended		Three months ended				Three months ended		Three months ended				Three months ended		Three months ended
	6/30/13		7/1/12				6/30/13		7/1/12				6/30/13		7/1/12
Interest rate swaps	$	—	$	(2,866	)	Interest Expense	$	—	$	(3,221	)	Net effect of swaps	$	3,268	$	—

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Three months ended		Three months ended
		6/30/13		7/1/12
Interest rate swaps (1)	Net effect of swaps	992		—
		$	992	$	—

(1) The May 2011 interest rate swaps were de-designated in March 2013.

During the quarter ended June 30, 2013, in addition to gains of $3.3 million and $1.0 million recognized in income on the ineffective portion of derivatives and on the derivatives not designated as cash flow hedges (as noted in the tables above), $2.0 million of expense representing the regular amortization of amounts in AOCI was recorded in the condensed consolidated statements of operations for the quarter. The effect of these amounts resulted in a benefit to earnings of $2.3 million recorded in “Net effect of swaps.”

For the three-month period ended July 1, 2012, $0.2 million of expense representing the amortization of amounts in AOCI was recorded in “Net effect of swaps” in the condensed consolidated statements of operations. The effect of this amortization resulted in a benefit to earnings of $0.2 million recorded in “Net effect of swaps.”

Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the six-month periods ended June 30, 2013 and July 1, 2012:

(In thousands):	Amount of Gain (Loss) Recognized in  Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)							Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Six months ended		Six months ended				Six months ended			Six months ended				Six months ended		Six months ended
	6/30/13		7/1/12				6/30/13			7/1/12				6/30/13		7/1/12
Interest rate swaps	$	2,266	$	(2,746	)	Interest Expense	$	(2,797	)	$	(6,014	)	Net effect of swaps	$	3,703	$	—

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Six months ended			Six months ended
		6/30/13			7/1/12
Cross-currency swaps (1)	Net effect of swaps	$	—		$	(4,999	)
Foreign currency swaps	Net effect of swaps	—			6,278
Interest rate swaps (2)	Net effect of swaps	(479		)	—
		$	(479	)	$	1,279

(1) The cross-currency swaps became ineffective and were de-designated in August 2009.

(2) The May 2011 interest rate swaps were de-designated in March 2013.

During the six-month period ended June 30, 2013, in addition to the $3.7 million gain recognized in income on the ineffective portion of derivatives and $0.5 million loss on the derivatives not designated as cash flow hedges (as noted in the tables above), $7.8 million of expense related to the write off of OCI balances on our May 2011 swaps and $2.3 million of expense representing the regular amortization of amounts in AOCI was recorded in the condensed consolidated statements of operations for the quarter. The effect of these amounts resulted in a charge to earnings of $6.9 million recorded in “Net effect of swaps.”

For the six-month period ended July 1, 2012, in addition to the $1.3 million gain recognized in income on the ineffective portion of derivatives noted in the tables above, $0.4 million of expense representing the amortization of amounts in AOCI for the swaps and $0.2 million of foreign currency gain in the quarter related to the U.S. dollar denominated Canadian term loan were recorded in “Net effect of swaps” in the condensed consolidated statements of operations. The net effect of these amounts resulted in a benefit to earnings of $1.1 million recorded in “Net effect of swaps.”

Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the twelve-month periods ended June 30, 2013 and July 1, 2012:

(In thousands):	Amount of Gain (Loss) Recognized in Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)							Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Twelve months ended		Twelve months ended				Twelve months ended			Twelve months ended				Twelve months ended		Twelve months ended
	6/30/13		7/1/12				6/30/13			7/1/12				6/30/13		7/1/12
Interest rate swaps	$	5,152	$	(18,396	)	Interest Expense	$	(8,810	)	$	(9,037	)	Net effect of swaps	$	3,703	$	20,193

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Twelve months ended			Twelve months ended
		6/30/13			7/1/12
Cross-currency swaps (1)	Net effect of swaps	—			9,139
Foreign currency swaps	Net effect of swaps	—			(3,081		)
Interest rate swaps (2)	Net effect of swaps	$	(479	)	$	—
		$	(479	)	$	6,058

(1) The cross-currency swaps became ineffective and were de-designated in August 2009.

(2) The May 2011 interest rate swaps were de-designated in March 2013.

In addition to the $3.7 million gain recognized in income on the ineffective portion of derivatives and $0.5 million loss recognized in income on the ineffective portion of derivatives not designated as cash flow hedges (as noted in the tables above), $7.8 million of expense related to the write off of OCI balances on our May 2011 swaps and $2.0 million of expense representing the amortization of amounts in AOCI for the swaps was recorded during the trailing twelve months ended June 30, 2013 in the condensed consolidated statements of operations. The net effect of these amounts resulted in a charge to earnings for the trailing twelve month period of $6.6 million recorded in “Net effect of swaps.”

For the twelve month period ending July 1, 2012, in addition to the $20.2 million gain recognized in income on the ineffective portion of derivatives designated as derivatives and $6.1 million of gain recognized in income on the ineffective portion of derivatives not designated as derivatives noted in the tables above, $11.3 million of expense representing the amortization of amounts in AOCI for the swaps and a $0.3 million foreign currency loss in the twelve month period related to the U.S. dollar denominated Canadian term loan was recorded during the trailing twelve months ended July 1, 2012 in the condensed consolidated statements of operations. The net effect of these amounts resulted in a benefit to earnings for the trailing twelve month period of $14.7 million recorded in “Net effect of swaps.”

The amounts reclassified from AOCI into income for the periods noted above are primarily the result of the Partnership’s initial three-year requirement to swap at least 75% of its aggregate term debt to fixed rates under the terms of the Amended 2010 Credit Agreement.

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Unaudited Condensed Consolidated Statement of Partners' Equity (USD $) In Thousands, unless otherwise specified	Total	Limited Partners [Member]	General Partner [Member]	Special L.P. Interests [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Accumulated Translation Adjustment [Member]	Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Beginning balance, value at Dec. 31, 2012	$ 154,451	$ 177,660	$ 1	$ 5,290		$ (2,751)	$ (25,749)
Beginning balance, units at Dec. 31, 2012		55,618
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Limited partnership unit options exercised		2
Issuance of limited partnership units as compensation		93
Net loss	(61,736)	(61,735)	(1)
Partnership distribution declared ($1.25 per limited partnership unit)		(69,639)
Expense recognized for limited partnership unit options		457
Limited partnership unit options exercised		28
Tax effect of units involved in option exercises and treasury unit transactions		(130)
Issuance of limited partnership units as compensation		3,345
Weighted average limited partner units outstanding	55,464
Current period activity, net of tax ($1,861) at Jun. 30, 2013	10,564						10,564
Ending balance, value at Jun. 30, 2013	39,233	49,986	0	5,290	(16,043)	(858)	(15,185)
Current period activity, net of tax ($1,090) at Jun. 30, 2013	$ 1,893					$ 1,893
Ending balance, units at Jun. 30, 2013		55,713

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Unaudited Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jul. 01, 2012
Current Assets:
Cash and cash equivalents	$ 43,628	$ 78,830	$ 35,929
Receivables	67,199	18,192	42,953
Inventories	45,452	27,840	51,236
Current deferred tax asset	28,302	8,184	10,345
Income tax refundable	0	0	10,083
Prepaid advertising	16,614	1,086	16,250
Other current assets	17,274	6,974	9,339
Total current assets	218,469	141,106	176,135
Property and Equipment:
Land	296,793	303,348	312,460
Land improvements	350,638	339,081	349,709
Buildings	584,545	584,854	580,702
Rides and equipment	1,506,553	1,450,231	1,492,902
Construction in progress	9,498	28,971	5,490
Total property and equipment, gross	2,748,027	2,706,485	2,741,263
Less accumulated depreciation	(1,197,126)	(1,162,213)	(1,119,899)
Total property and equipment, net	1,550,901	1,544,272	1,621,364
Goodwill	239,480	246,221	243,239
Other Intangibes, net	39,719	40,652	40,249
Other Assets	32,326	47,614	52,542
Assets	2,080,895	2,019,865	2,133,529
Current Liabilities:
Current maturities of long-term debt	6,300	0	0
Accounts payable	34,339	10,734	38,292
Deferred revenue	132,365	39,485	108,467
Accrued interest	23,944	15,512	16,029
Accrued taxes	10,021	17,813	10,740
Accrued salaries, wages and benefits	29,896	24,836	37,709
Self-insurance reserves	24,592	23,906	23,198
Other accrued liabilities	8,789	5,916	8,652
Total current liabilities	270,246	138,202	243,087
Deferred Tax Liability	154,292	153,792	134,108
Derivative Liability	26,772	32,260	35,146
Other Liabilities	8,796	8,980	7,121
Long-Term Debt:
Revolving credit loans	58,000	0	111,000
Term debt	622,125	1,131,100	1,140,100
Notes	901,431	401,080	400,647
Total long-term debt	1,581,556	1,532,180	1,651,747
Commitments and Contingencies (Note 10)
Partners' Equity:
Special L.P. interests	5,290	5,290	5,290
General partner	0	1	0
Limited partners, 55,713, 55,618 and 55,517 units outstanding at June 30, 2013, December 31, 2012 and July 1, 2012, respectively	49,986	177,660	88,757
Accumulated other comprehensive loss	(16,043)	(28,500)	(31,727)
Total partners' equity	39,233	154,451	62,320
Total Partners' Equity and Liabilities	$ 2,080,895	$ 2,019,865	$ 2,133,529

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Interim Reporting (Details)	6 Months Ended
	Jun. 30, 2013
Nature of Operations [Line Items]
Number of amusement parks owned and operated	11
Number of outdoor water parks owned and operated	4
Number of indoor water parks owned and operated	1
Number of hotels owned and operated	5
Minimum [Member]
Nature of Operations [Line Items]
Operating period	130 days
Maximum [Member]
Nature of Operations [Line Items]
Operating period	140 days

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Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Derivative [Line Items]

Fair value of derivative instruments in Condensed Consolidated Balance Sheet

Fair Value of Derivative Instruments in Condensed Consolidated Balance Sheet:

(In thousands):	Condensed Consolidated Balance Sheet Location	Fair Value as of			Fair Value as of			Fair Value as of
		June 30, 2013			December 31, 2012			July 1, 2012
Derivatives designated as hedging instruments:
Interest rate swaps	Derivative Liability	(20,122		)	(32,260		)	(35,146		)
Total derivatives designated as hedging instruments		$	(20,122	)	$	(32,260	)	$	(35,146	)
Derivatives not designated as hedging instruments:
Interest rate swaps	Derivative Liability	$	(6,650	)	$	—		$	—
Total derivatives not designated as hedging instruments		$	(6,650	)	$	—		$	—
Net derivative liability		$	(26,772	)	$	(32,260	)	$	(35,146	)

Effects of derivative instruments on income (loss) and other comprehensive income (loss)

(In thousands):	Amount of Gain (Loss) Recognized in  Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)							Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Six months ended		Six months ended				Six months ended			Six months ended				Six months ended		Six months ended
	6/30/13		7/1/12				6/30/13			7/1/12				6/30/13		7/1/12
Interest rate swaps	$	2,266	$	(2,746	)	Interest Expense	$	(2,797	)	$	(6,014	)	Net effect of swaps	$	3,703	$	—

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Six months ended			Six months ended
		6/30/13			7/1/12
Cross-currency swaps (1)	Net effect of swaps	$	—		$	(4,999	)
Foreign currency swaps	Net effect of swaps	—			6,278
Interest rate swaps (2)	Net effect of swaps	(479		)	—
		$	(479	)	$	1,279

(1) The cross-currency swaps became ineffective and were de-designated in August 2009.

(2) The May 2011 interest rate swaps were de-designated in March 2013.

cts of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the twelve-month periods ended June 30, 2013 and July 1, 2012:

(In thousands):	Amount of Gain (Loss) Recognized in Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)							Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Twelve months ended		Twelve months ended				Twelve months ended			Twelve months ended				Twelve months ended		Twelve months ended
	6/30/13		7/1/12				6/30/13			7/1/12				6/30/13		7/1/12
Interest rate swaps	$	5,152	$	(18,396	)	Interest Expense	$	(8,810	)	$	(9,037	)	Net effect of swaps	$	3,703	$	20,193

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Twelve months ended			Twelve months ended
		6/30/13			7/1/12
Cross-currency swaps (1)	Net effect of swaps	—			9,139
Foreign currency swaps	Net effect of swaps	—			(3,081		)
Interest rate swaps (2)	Net effect of swaps	$	(479	)	$	—
		$	(479	)	$	6,058

(1) The cross-currency swaps became ineffective and were de-designated in August 2009.

(2)

Effects of Derivative Instruments on Income (Loss) and Other Comprehensive Income (Loss) for the three-month periods ended June 30, 2013 and July 1, 2012:

(In thousands):	Amount of Gain (Loss) Recognized in  Accumulated OCI on Derivatives (Effective Portion)					Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)						Amount and Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Derivatives designated as Cash Flow Hedging Relationships	Three months ended		Three months ended				Three months ended		Three months ended				Three months ended		Three months ended
	6/30/13		7/1/12				6/30/13		7/1/12				6/30/13		7/1/12
Interest rate swaps	$	—	$	(2,866	)	Interest Expense	$	—	$	(3,221	)	Net effect of swaps	$	3,268	$	—

(In thousands):	Amount and Location of Gain (Loss) Recognized in Income on Derivative
Derivatives not designated as Cash Flow Hedging Relationships		Three months ended		Three months ended
		6/30/13		7/1/12
Interest rate swaps (1)	Net effect of swaps	992		—
		$	992	$	—

(1) The May 2011 interest rate swaps were de-designated in March 2013.

Forward Starting Interest Rate Swap [Member]

Derivative [Line Items]

Derivative instruments, notional amounts outstanding and interest rates

The following table presents our September 2010 swaps, March 2011 swaps, May 2011 swaps, and March 2013 swaps which mature December 15, 2015, along with their notional amounts and their fixed interest rates.

	Interest Rate Swaps
($'s in thousands)	Derivatives designated as hedging instruments				Derivatives not designated as hedging instruments
	Notional Amounts		LIBOR Rate		Notional Amounts		LIBOR Rate
	$	200,000	2.27	%	50,000		2.54	%
	75,000		2.30	%	30,000		2.54	%
	50,000		2.29	%	70,000		2.54	%
	150,000		2.43	%	50,000		2.54	%
	50,000		2.29	%
	50,000		2.43	%
	25,000		2.30	%
Total $'s / Average Rate	$	600,000	2.33	%	$	200,000	2.54	%

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Consolidating Financial Information of Guarantors and Issuers Balance Sheet (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Jul. 01, 2012	Dec. 31, 2011	Jun. 26, 2011
Current Assets:
Cash and cash equivalents	$ 43,628	$ 78,830	$ 35,929	$ 35,524	$ 35,679
Receivables	67,199	18,192	42,953
Inventories	45,452	27,840	51,236
Current deferred tax asset	28,302	8,184	10,345
Prepaid advertising	16,614	1,086	16,250
Income tax refundable	0	0	10,083
Other current assets	17,274	8,060	9,339
Total current assets	218,469	141,106	176,135
Property and equipment (net)	1,550,901	1,544,272	1,621,364
Investment In Park	0	0	0
Intercompany Note Receivable			0
Goodwill	239,480	246,221	243,239
Other intangibes, net	39,719	40,652	40,249
Deferred Tax Asset	0	0	0
Intercompany Receivable	0	0	0
Other Assets	32,326	47,614	52,542
Assets	2,080,895	2,019,865	2,133,529
Current Liabilities:
Current maturities of long-term debt	6,300	0	0
Accounts payable	34,339	10,734	38,292
Deferred revenue	132,365	39,485	108,467
Accrued interest	23,944	15,512	16,029
Accrued taxes	10,021	17,813	10,740
Accrued salaries, wages and benefits	29,896	24,836	37,709
Self-insurance reserves	24,592	23,906	23,198
Other accrued liabilities	8,789	5,916	8,652
Total current liabilities	270,246	138,202	243,087
Deferred Tax Liability	154,292	153,792	134,108
Derivative Liability	26,772	32,260	35,146
Other Liabilities	8,796	8,980	7,121
Intercompany Note Payable			0
Long-Term Debt:
Revolving credit loans	58,000	0	111,000
Term debt	622,125	1,131,100	1,140,100
Notes	901,431	401,080	400,647
Total long-term debt	1,581,556	1,532,180	1,651,747
Equity	39,233	154,451	62,320
Total Partners' Equity and Liabilities	2,080,895	2,019,865	2,133,529
Cedar Fair L.P. (Parent) [Member]
Current Assets:
Cash and cash equivalents	0	25,000	0	0	6,000
Receivables	2,960	4	0
Inventories	0	0	0
Current deferred tax asset	0	0	0
Prepaid advertising	0		0
Income tax refundable			0
Other current assets	620	563	800
Total current assets	3,580	25,567	800
Property and equipment (net)	463,783	439,506	465,146
Investment In Park	447,080	485,136	471,253
Intercompany Note Receivable			0
Goodwill	9,061	9,061	9,061
Other intangibes, net	0	0	0
Deferred Tax Asset	0	0	0
Intercompany Receivable	874,125	877,612	880,971
Other Assets	13,605	22,048	24,678
Assets	1,811,234	1,858,930	1,851,909
Current Liabilities:
Current maturities of long-term debt	6,300
Accounts payable	155,522	147,264	108,234
Deferred revenue	0	0	0
Accrued interest	5,189	98	481
Accrued taxes	6,534	4,518	7,083
Accrued salaries, wages and benefits	1	0	1
Self-insurance reserves	0	0	0
Other accrued liabilities	860	1,110	953
Total current liabilities	174,406	152,990	116,752
Deferred Tax Liability	0	0	0
Derivative Liability	16,039	19,309	21,090
Other Liabilities	0	0	0
Intercompany Note Payable			0
Long-Term Debt:
Revolving credit loans	58,000		111,000
Term debt	622,125	1,131,100	1,140,100
Notes	901,431	401,080	400,647
Total long-term debt	1,581,556	1,532,180	1,651,747
Equity	39,233	154,451	62,320
Total Partners' Equity and Liabilities	1,811,234	1,858,930	1,851,909
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]
Current Assets:
Cash and cash equivalents	0	444	0	512	2,962
Receivables	89,760	101,093	71,210
Inventories	4,639	1,724	4,861
Current deferred tax asset	23,822	3,705	6,239
Prepaid advertising	9,181		10,181
Income tax refundable			0
Other current assets	2,259	17,858	2,971
Total current assets	129,661	124,824	95,462
Property and equipment (net)	994	1,013	1,025
Investment In Park	735,017	772,183	701,181
Intercompany Note Receivable			86,362
Goodwill	0	0	0
Other intangibes, net	0	0	0
Deferred Tax Asset	34,028	36,443	43,471
Intercompany Receivable	1,123,159	1,070,125	1,186,016
Other Assets	9,382	14,832	16,454
Assets	2,032,241	2,019,420	2,129,971
Current Liabilities:
Current maturities of long-term debt	6,300
Accounts payable	208,924	213,279	233,508
Deferred revenue	0	0	0
Accrued interest	3,563	64	195
Accrued taxes	458	0	571
Accrued salaries, wages and benefits	18,642	17,932	26,108
Self-insurance reserves	5,535	5,528	4,280
Other accrued liabilities	4,421	2,502	4,489
Total current liabilities	247,843	239,305	269,151
Deferred Tax Liability	0	0	0
Derivative Liability	10,733	12,951	14,056
Other Liabilities	5,296	5,480	3,621
Intercompany Note Payable			0
Long-Term Debt:
Revolving credit loans	58,000		111,000
Term debt	622,125	1,131,100	1,140,100
Notes	901,431	401,080	400,647
Total long-term debt	1,581,556	1,532,180	1,651,747
Equity	186,813	229,504	191,396
Total Partners' Equity and Liabilities	2,032,241	2,019,420	2,129,971
Co-Issuer Subsidiary (Cedar Canada) [Member]
Current Assets:
Cash and cash equivalents	21,745	50,173	13,974	31,540	9,902
Receivables	86,590	71,099	64,931
Inventories	4,182	2,352	4,663
Current deferred tax asset	816	816	772
Prepaid advertising	1,579		596
Income tax refundable			10,083
Other current assets	487	530	908
Total current assets	115,399	124,970	95,927
Property and equipment (net)	250,249	268,157	272,511
Investment In Park	129,942	115,401	114,053
Intercompany Note Receivable			0
Goodwill	119,201	125,942	122,960
Other intangibes, net	16,880	17,835	17,412
Deferred Tax Asset	0	0	0
Intercompany Receivable	1,165,828	1,116,623	1,236,507
Other Assets	7,112	8,419	9,010
Assets	1,804,611	1,777,347	1,868,380
Current Liabilities:
Current maturities of long-term debt	6,300
Accounts payable	7,971	16,101	14,320
Deferred revenue	18,719	4,996	19,946
Accrued interest	15,192	15,350	15,353
Accrued taxes	181	6,239	59
Accrued salaries, wages and benefits	2,153	1,214	2,410
Self-insurance reserves	1,727	1,754	1,771
Other accrued liabilities	715	140	935
Total current liabilities	52,958	45,794	54,794
Deferred Tax Liability	61,544	63,460	58,162
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Intercompany Note Payable			0
Long-Term Debt:
Revolving credit loans	58,000		111,000
Term debt	622,125	1,131,100	1,140,100
Notes	901,431	401,080	400,647
Total long-term debt	1,581,556	1,532,180	1,651,747
Equity	108,553	135,913	103,677
Total Partners' Equity and Liabilities	1,804,611	1,777,347	1,868,380
Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	27,904	3,213	27,476	3,472	16,815
Receivables	517,925	498,555	436,324
Inventories	36,631	23,764	41,712
Current deferred tax asset	3,664	3,663	3,334
Prepaid advertising	5,854		5,473
Income tax refundable			0
Other current assets	13,908	5,490	4,660
Total current assets	605,886	534,685	518,979
Property and equipment (net)	835,875	835,596	882,682
Investment In Park	38,992	53,790	21,834
Intercompany Note Receivable			0
Goodwill	111,218	111,218	111,218
Other intangibes, net	22,839	22,817	22,837
Deferred Tax Asset	90	90	0
Intercompany Receivable	0	0	0
Other Assets	2,227	2,315	2,400
Assets	1,617,127	1,560,511	1,559,950
Current Liabilities:
Current maturities of long-term debt	0
Accounts payable	285,379	286,649	217,263
Deferred revenue	113,646	34,489	88,521
Accrued interest	0	0	0
Accrued taxes	2,848	23,437	3,027
Accrued salaries, wages and benefits	9,100	5,690	9,190
Self-insurance reserves	17,330	16,624	17,147
Other accrued liabilities	2,793	2,164	2,275
Total current liabilities	431,096	369,053	337,423
Deferred Tax Liability	126,866	126,865	119,417
Derivative Liability	0	0	0
Other Liabilities	3,500	3,500	3,500
Intercompany Note Payable			86,362
Long-Term Debt:
Revolving credit loans	0		0
Term debt	0	0	0
Notes	0	0	0
Total long-term debt	0	0	0
Equity	1,055,665	1,061,093	1,013,248
Total Partners' Equity and Liabilities	1,617,127	1,560,511	1,559,950
Eliminations [Member]
Current Assets:
Cash and cash equivalents	(6,021)	0	(5,521)	0	0
Receivables	(630,036)	(652,559)	(529,512)
Inventories	0	0	0
Current deferred tax asset	0	0	0
Prepaid advertising	0		0
Income tax refundable			0
Other current assets	0	(16,381)	0
Total current assets	(636,057)	(668,940)	(535,033)
Property and equipment (net)	0	0	0
Investment In Park	(1,351,031)	(1,426,510)	(1,308,321)
Intercompany Note Receivable			(86,362)
Goodwill	0	0	0
Other intangibes, net	0	0	0
Deferred Tax Asset	(34,118)	(36,533)	(43,471)
Intercompany Receivable	(3,163,112)	(3,064,360)	(3,303,494)
Other Assets	0	0	0
Assets	(5,184,318)	(5,196,343)	(5,276,681)
Current Liabilities:
Current maturities of long-term debt	(12,600)
Accounts payable	(623,457)	(652,559)	(535,033)
Deferred revenue	0	0	0
Accrued interest	0	0	0
Accrued taxes	0	(16,381)	0
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	0	0	0
Other accrued liabilities	0	0	0
Total current liabilities	(636,057)	(668,940)	(535,033)
Deferred Tax Liability	(34,118)	(36,533)	(43,471)
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Intercompany Note Payable			(86,362)
Long-Term Debt:
Revolving credit loans	(116,000)		(222,000)
Term debt	(1,244,250)	(2,262,200)	(2,280,200)
Notes	(1,802,862)	(802,160)	(801,294)
Total long-term debt	(3,163,112)	(3,064,360)	(3,303,494)
Equity	(1,351,031)	(1,426,510)	(1,308,321)
Total Partners' Equity and Liabilities	$ (5,184,318)	$ (5,196,343)	$ (5,276,681)

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Income and Partnership Taxes Unrecognized Tax Position (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2013
Income Tax Expense (Benefit) [Abstract]
Unrecognized tax benefit	$ 1.1

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Derivative Financial Instruments Balance Sheet Location (Details) (USD $)	1 Months Ended	6 Months Ended		12 Months Ended
	Feb. 26, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Mar. 25, 2012	Dec. 31, 2012	Jun. 30, 2013 Designated As Hedging [Member]	Dec. 31, 2012 Designated As Hedging [Member]	Jul. 01, 2012 Designated As Hedging [Member]	Jun. 30, 2013 Not Designated As Hedging [Member]	Dec. 31, 2012 Not Designated As Hedging [Member]	Jul. 01, 2012 Not Designated As Hedging [Member]	Jun. 30, 2013 Interest Rate Swap [Member] Designated As Hedging [Member]	Dec. 31, 2012 Interest Rate Swap [Member] Designated As Hedging [Member]	Jul. 01, 2012 Interest Rate Swap [Member] Designated As Hedging [Member]	Jun. 30, 2013 Interest Rate Swap [Member] Not Designated As Hedging [Member]	Dec. 31, 2012 Interest Rate Swap [Member] Not Designated As Hedging [Member]	Jul. 01, 2012 Interest Rate Swap [Member] Not Designated As Hedging [Member]	Jun. 30, 2013 Cash Flow Hedging [Member] Cross-Currency Swap [Member]	Jun. 30, 2013 September 2010 Swaps [Member] Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member]	Feb. 28, 2011 September 2010 Swaps [Member] Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member]	Mar. 05, 2013 September 2010 and March 2011 Swaps [Member] Cash Flow Hedging [Member] Forward-Starting Interest Rate Swap [Member]
Derivatives, Fair Value [Line Items]
Derivative, amount of hedged item																				$ 268,700,000	$ 600,000,000
Derivative settlement	(50,450,000)	0	(50,450,000)	0	(50,450,000)	(50,450,000)
Derivative Liability		26,772,000	35,146,000	26,772,000	35,146,000		32,260,000							(20,122,000)	(32,260,000)	(35,146,000)	(6,650,000)	0	0				22,200,000
Derivative assets (liabilities), at fair value, net		(26,772,000)	(35,146,000)	(26,772,000)	(35,146,000)		(32,260,000)	(20,122,000)	(32,260,000)	(35,146,000)	(6,650,000)	0	0
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax																						$ 7,200,000	$ 26,100,000

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Derivative Financial Instruments Income Statement Location (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Gain on ineffective portion of derivatives				$ (1,300,000)
Foreign currency gain (loss)				(200,000)		300,000
Net effect of swaps	(2,273,000)	(173,000)	6,938,000	(1,143,000)	6,589,000	(14,717,000)
Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amortization of Deferred Hedge Gains	2,000,000	(200,000)	2,300,000	400,000	2,000,000	11,300,000
Designated As Hedging [Member] | Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	0	(2,866,000)	2,266,000	(2,746,000)	5,152,000	(18,396,000)
Designated As Hedging [Member] | Interest Rate Swap [Member] | Interest Expense [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0	(3,221,000)	(2,797,000)	(6,014,000)	(8,810,000)	(9,037,000)
Designated As Hedging [Member] | Interest Rate Swap [Member] | Net Effect of Swaps [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Net Hedge Ineffectiveness Gain (Loss)	3,268,000	0	3,703,000	0	3,703,000	20,193,000
Not Designated As Hedging [Member] | Net Effect of Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative recognized in income	(992,000)	0	479,000	(1,279,000)	479,000	(6,058,000)
Not Designated As Hedging [Member] | Interest Rate Swap [Member] | Net Effect of Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative recognized in income	(992,000)	0	479,000	0	479,000	0
Not Designated As Hedging [Member] | Foreign Currency Swap [Member] | Net Effect of Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative recognized in income			0	(6,278,000)	0	3,081,000
Not Designated As Hedging [Member] | Cross-Currency Swap [Member] | Net Effect of Swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative recognized in income			0	4,999,000	0	(9,139,000)
September 2010 and March 2011 Swaps [Member] | Forward Starting Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Net effect of swaps			$ (3,300,000)

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Long-Term Debt

6 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Long-Term Debt

Long-Term Debt:

In July 2010, the Partnership issued $405 million of 9.125% senior unsecured notes, maturing in 2018, in a private placement, including $5.6 million of Original Issue Discount ("OID") to yield 9.375%. Concurrently with this offering, the Partnership entered into a new $1,435 million credit agreement (the "2010 Credit Agreement”), which included a $1,175 million senior secured term loan facility and a $260 million senior secured revolving credit facility. The net proceeds from the offering of the notes, along with borrowings under the 2010 Credit Agreement, were used to repay in full all amounts outstanding under the previous credit facilities. The facilities provided under the 2010 Credit Agreement were collateralized by substantially all of the assets of the Partnership.

The Partnership's $405 million of senior unsecured notes pay interest semi-annually in February and August, with the principal due in full on August 1, 2018. The notes may be redeemed, in whole or in part, at any time prior to August 1, 2014 at a price equal to 100% of the principal amount of the notes redeemed plus a “make-whole” premium together with accrued and unpaid interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. Prior to August 1, 2013, up to 35% of the notes may be redeemed with the net cash proceeds of certain equity offerings at 109.125%.

Terms of the 2010 Credit Agreement included a revolving credit facility of a combined $260 million. Under the 2010 Credit Agreement, the Canadian portion of the revolving credit facility had a limit of $15 million. U.S. denominated loans made under the revolving credit facility bore interest at a rate of LIBOR plus 400 basis points (bps) (with no LIBOR floor). Canadian denominated loans made under the Canadian portion of the facility bore interest at a rate of LIBOR plus 400 bps (with no LIBOR floor). The revolving credit facility, which was scheduled to mature in July 2015, also provided for the issuance of documentary and standby letters of credit. The Amended 2010 Credit Agreement required the Partnership to pay a commitment fee of 50 bps per annum on the unused portion of the credit facilities.

In February 2011, the Partnership amended the 2010 Credit Agreement (as so amended, the “Amended 2010 Credit Agreement”) and extended the maturity date of the term loan portion of the credit facilities by one year. The extended U.S. term loan was scheduled to mature in December 2017 and bore interest at a rate of LIBOR plus 300 bps, with a LIBOR floor of 100 bps.

In March 2013, the Partnership issued $500 million of 5.25% senior unsecured notes, maturing in 2021, in a private placement, with no OID. Concurrently with this offering, the Partnership entered into a new $885 million credit agreement (the "2013 Credit Agreement"), which included a $630 million senior secured term loan facility and a $255 million senior secured revolving credit facility. The terms of the senior secured term loan facility include a maturity date of March 6, 2020 and bear interest at a rate of LIBOR plus 250 bps with a LIBOR floor of 75 bps. The term loan amortizes at $6.3 million annually. The net proceeds from the notes and borrowings under the 2013 Credit Agreement were used to repay in full all amounts outstanding under the previous credit facilities. The facilities provided under the 2013 Credit Agreement are collateralized by substantially all of the assets of the Partnership.

Terms of the 2013 Credit Agreement include a revolving credit facility of a combined $255 million. Under the 2013 Credit Agreement, the Canadian portion of the revolving credit facility has a sub-limit of $15 million. U.S. denominated and Canadian denominated loans made under the revolving credit facility bear interest at a rate of LIBOR plus 225 bps (with no LIBOR floor). The revolving credit facility is scheduled to mature in March 2018 and also provides for the issuance of documentary and standby letters of credit. The 2013 Credit Agreement requires the Partnership to pay a commitment fee of 50 bps per annum on the unused portion of the credit facilities.

The 2013 Credit Agreement requires the Partnership to maintain specified financial ratios, which if breached for any reason, including a decline in operating results, could result in an event of default under the agreement. The most restrictive of these ratios is the Consolidated Leverage Ratio which is measured quarterly on a trailing-twelve month basis. The Consolidated Leverage Ratio is set at 6.25x consolidated total debt (excluding the revolving debt)-to-Consolidated EBITDA and will remain at that level through the end of the first quarter in 2014, and the ratio will decrease each second quarter beginning with the second quarter of 2014. As of June 30, 2013, the Partnership’s Consolidated Leverage Ratio was 3.81x, providing $157.0 million of consolidated EBITDA cushion on the ratio as of the end of the second quarter. The Partnership was in compliance with all other covenants under the 2013 Credit Agreement as of June 30, 2013.

The 2013 Credit Agreement also includes provisions that allow the Partnership to make restricted payments of up to $60 million annually, so long as no default or event of default has occurred and is continuing. These restricted payments are not subject to any specific covenants. Additional restricted payments are allowed to be made based on an Excess-Cash-Flow formula, should the Partnership’s pro-forma Consolidated Leverage Ratio be less than or equal to 5.00x. Per the terms of the indenture governing the Partnership's notes maturing in 2018, which is more restrictive than the indenture governing the Partnership's notes maturing in 2021, the ability to make restricted payments in 2013 and beyond is permitted should the Partnership's trailing-twelve-month Total-Indebtedness-to-Consolidated-Cash-Flow Ratio be less than or equal to 4.75x, measured on a quarterly basis.

The Partnership's $500 million of senior unsecured notes pay interest semi-annually in March and September, with the principal due in full on March 15, 2021. The notes may be redeemed, in whole or in part, at any time prior to March 15, 2016 at a price equal to 100% of the principal amount of the notes redeemed plus a “make-whole” premium together with accrued and unpaid interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. Prior to March 15, 2016, up to 35% of the notes may be redeemed with the net cash proceeds of certain equity offerings at 105.25%.

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Long-Lived Assets (Details) (Wildwater Kingdom [Member], USD $) In Millions, unless otherwise specified	3 Months Ended	6 Months Ended
	Sep. 30, 2012	Jun. 30, 2013
Wildwater Kingdom [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Fixed-asset impairment	$ 25.0	$ 25.0

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Restatement Not Restated (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Dec. 31, 2011
Accumulated Depreciation, Depletion and Amortization, Sale or Disposal of Property, Plant and Equipment							$ 8,800,000
Net income (loss)	47,390,000	36,583,000	(61,736,000)	(28,832,000)	68,952,000	117,108,000
Provision (benefit) for taxes	$ 11,660,000	$ 11,381,000	$ (23,999,000)	$ (10,158,000)	$ 17,917,000	$ 13,790,000

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Earnings per Unit

6 Months Ended

Jun. 30, 2013

Earnings Per Unit [Abstract]

Earnings Per Unit

Earnings per Unit:

Net income (loss) per limited partner unit is calculated based on the following unit amounts:

	Three months ended				Six months ended						Twelve months ended
	6/30/2013		7/1/2012		6/30/2013			7/1/2012			6/30/2013		7/1/2012
	(In thousands except per unit amounts)
Basic weighted average units outstanding	55,484		55,481		55,464			55,433			55,446		55,389
Effect of dilutive units:
Unit options and restricted unit awards	152		2		—			—			84		3
Phantom units	186		335		—			—			261		452
Diluted weighted average units outstanding	55,822		55,818		55,464			55,433			55,791		55,844
Net income (loss) per unit - basic	$	0.85	$	0.66	$	(1.11	)	$	(0.52	)	$	1.24	$	2.11
Net income (loss) per unit - diluted	$	0.85	$	0.66	$	(1.11	)	$	(0.52	)	$	1.24	$	2.10

The effect of unit options on the three, six and twelve months ended June 30, 2013, had they not been out of the money or antidilutive, would have been zero, 8,900, and 8,500 units, respectively. The effect of out-of-the-money and/or antidilutive unit options on the three, six and twelve months ended July 1, 2012, had they not been out of the money or antidilutive, would have been 66,000, 31,000 and 41,500 units, respectively.

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Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets:

In accordance with the applicable accounting rules, goodwill is not amortized, but, along with indefinite-lived trade-names, is evaluated for impairment on an annual basis or more frequently if indicators of impairment exist. The Partnership's annual testing date is December 31.

The Partnership tested goodwill and other indefinite-lived intangibles for impairment on December 31, 2012 and no impairment was indicated. In September 2011, the FASB issued ASU 2011-08, “Intangibles — Goodwill and Other,” which gives an entity the option to first assess qualitative factors to determine whether it is necessary to perform the current two-step goodwill impairment test. If an entity believes, as a result of its qualitative assessment, that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the two-step goodwill impairment test is required. We adopted this guidance during the first quarter of 2012 and it did not impact the Partnership's consolidated financial statements.

In July 2012, the FASB issued ASU 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment,” which allows an entity the option to first assess qualitatively whether it is more-likely-than-not that an indefinite-lived intangible asset is impaired, thus necessitating that it perform the quantitative impairment test. An entity is not required to calculate the fair value of an indefinite-lived intangible asset and perform the quantitative impairment test unless the entity determines that it is more likely than not that the asset is impaired. The revised standard is effective for annual impairment testing performed for fiscal years beginning after September 15, 2012, however early adoption was permitted. We adopted this guidance during the third quarter of 2012 and it did not impact the Partnership's consolidated financial statements.

A summary of changes in the Partnership’s carrying value of goodwill for the six months ended June 30, 2013 is as follows:

(In thousands)	Goodwill (gross)			Accumulated Impairment Losses			Goodwill (net)
Balance at December 31, 2012	$	326,089		$	(79,868	)	$	246,221
Foreign currency translation	(6,741		)	—			(6,741		)
Balance at June 30, 2013	$	319,348		$	(79,868	)	$	239,480

At June 30, 2013, December 31, 2012, and July 1, 2012 the Partnership’s other intangible assets consisted of the following:

June 30, 2013	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
(In thousands)
Other intangible assets:
Trade names	$	39,267	$	—	$	39,267
License / franchise agreements	831		379		452
Total other intangible assets	$	40,098	$	379	$	39,719
December 31, 2012
(In thousands)
Other intangible assets:
Trade names	$	40,222	$	—	$	40,222
License / franchise agreements	790		360		430
Total other intangible assets	$	41,012	$	360	$	40,652
July 1, 2012
(In thousands)
Other intangible assets:
Trade names	$	39,799	$	—	$	39,799
License / franchise agreements	790		340		450
Total other intangible assets	$	40,589	$	340	$	40,249

Amortization expense of other intangible assets for the six months ended June 30, 2013 and July 1, 2012 was $19,000 and $18,000, respectively. The estimated amortization expense for the remainder of 2013 is $18,000. Estimated amortization expense is expected to total less than $50,000 in each year from 2013 through 2017.

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Unaudited Condensed Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012
CASH FLOWS FROM (FOR) OPERATING ACTIVITIES
Net income (loss)	$ (61,736)	$ (28,832)	$ 68,952	$ 117,108
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation and amortization	50,818	51,988	125,136	130,416
Loss on early debt extinguishment	34,573	0	34,573	0
Loss (gain) on impairment / retirement of fixed assets, net	629	(770)	31,735	10,389
Gain on sale of other assets	0	0	(6,625)	0
Net effect of swaps	6,938	(1,143)	6,589	(14,717)
Non-cash (income) expense	30,591	8,810	26,932	31,513
Net change in working capital	41,511	30,399	11,693	(26,135)
Net change in other assets/liabilities	(20,768)	4,153	3,721	8,341
Net cash from operating activities	82,556	64,605	302,706	256,915
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Sale of other assets	0	1,173	14,885	1,173
Capital expenditures	(79,189)	(64,880)	(108,995)	(103,385)
Net cash for investing activities	(79,189)	(63,707)	(94,110)	(102,212)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings (payments) on revolving credit loans	58,000	111,000	(53,000)	26,000
Term debt borrowings	630,000	0	630,000	0
Note borrowings	500,000	0	500,000	0
Derivative settlement	0	(50,450)	0	(50,450)
Term debt payments, including early termination penalties	(1,132,675)	(16,000)	(1,141,675)	(36,950)
Distributions paid to partners	(69,639)	(44,358)	(114,093)	(89,742)
Exercise of limited partnership unit options	28	47	57	53
Payment of debt issuance costs	(22,764)	0	(22,758)	(723)
Excess tax benefit from unit-based compensation	(130)	(438)	1,517	(438)
Net cash for financing activities	(37,180)	(199)	(199,952)	(152,250)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(1,389)	(294)	(945)	(2,203)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(35,202)	405	7,699	250
Balance, beginning of period	78,830	35,524	35,929	35,679
Balance, end of period	43,628	35,929	43,628	35,929
SUPPLEMENTAL INFORMATION
Cash payments for interest expense	40,734	52,617	90,000	129,692
Interest capitalized	1,021	1,826	1,365	2,867
Cash payments for income taxes, net of refunds	$ 4,426	$ 2,204	$ 4,005	$ 7,309

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Changes in Accumulated Other Comprehensive Income by Component Changes in AOCI by Component (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012	Jun. 30, 2013	Jul. 01, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning			$ (28,500)		$ (31,727)
Net current-period other comprehensive income	3,271	(1,889)	12,457	(2,719)	15,685	(3,121)
Balance, ending	(16,043)	(31,727)	(16,043)	(31,727)	(16,043)	(31,727)
Gains and Losses on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning			(25,749)
Other comprehensive income before reclassifications			1,940
Amounts reclassified from accumulated other comprehensive income			8,624
Foreign Currency Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning			(2,751)
Other comprehensive income before reclassifications			1,893
Amounts reclassified from accumulated other comprehensive income			$ 0

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Long-Term Debt (Details) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2013
Debt Instrument [Line Items]
Commitment fee on unused portion of credit facilities	50.00%
Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	9.125%
Notes Payable, Due 2018 [Member] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 405
Early call date, premium price, percentage	109.125%
Notes Payable Due 2021 [Member] [Domain] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	500
Debt Instrument, Interest Rate, Stated Percentage	5.25%
Redemption percentage of original face amount	100.00%
Early call date, percentage of notes availabe for redemption	35.00%
Early call date, premium price, percentage	105.25%
Credit Agreement 2013 [Member] [Domain]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	885
Consolidated leverage ratio requirement	6.25
Consolidated leverage ratio	3.81
EBITDA cushion on the ratio	157.0
Pro-forma consolidated leverage ratio	5.00
Credit Agreement 2013 [Member] [Domain] | Maximum [Member]
Debt Instrument [Line Items]
Restricted payment	60
Credit Agreement 2013 [Member] [Domain] | Canadian Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	15
Credit Agreement 2013 [Member] [Domain] | Canadian Revolving Credit Facility Cad and USD [Domain]
Debt Instrument [Line Items]
Interest rate margin over LIBOR	2.25%
Credit Agreement 2013 [Member] [Domain] | Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	630
Debt Instrument, Periodic Payment	6.3
Interest rate margin over LIBOR	2.50%
Interest rate LIBOR floor	0.75%
Credit Agreement 2013 [Member] [Domain] | Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	255
Original Issue Discount [Member] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Unamortized discount	5.6
Effective interest rate percentage	9.375%
2010 Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	1,435
2010 Credit Agreement [Member] | Canadian Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	15
2010 Credit Agreement [Member] | Canadian Revolving Credit Facility, USD [Member]
Debt Instrument [Line Items]
Interest rate margin over LIBOR	4.00%
2010 Credit Agreement [Member] | Canadian Revolving Credit Facility, CAD [Member]
Debt Instrument [Line Items]
Interest rate margin over LIBOR	4.00%
2010 Credit Agreement [Member] | Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	1,175
2010 Credit Agreement [Member] | Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 260
Amended 2010 Credit Agreement [Member]
Debt Instrument [Line Items]
Total-Indebtedness-to-Consolidated-Cash-Flow Ratio requirement, period of measurement, annual	12 months
Total-Indebtedness-to-Consolidated-Cash-Flow Ratio requirement	4.75
Total-Indebtedness-to-Consolidated-Cash-Flow Ratio requirement, period of measurement, quarterly	3 months
Amended 2010 Credit Agreement [Member] | Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Length of maturity date extension (years)	1 year
Interest rate margin over LIBOR	3.00%
Interest rate LIBOR floor	1.00%

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Restatement

6 Months Ended

Jun. 30, 2013

Accounting Changes and Error Corrections [Abstract]

Restatement

Restatement:

We have made the following correction relating to our use of the composite depreciation method.

This correction, which impacts the Balance Sheet at July 1, 2012 and the Statement of Operations and Other Comprehensive Income for the three, six, and twelve month periods ended July 1, 2012, reflects a subsequent determination that a disposition from our composite group of assets was considered to be unusual. In certain situations under the composite method, disposals are considered unusual and, accordingly, losses are not included in the composite depreciation pool but are rather charged immediately to expense. In 2013, the Partnership's initial determination of whether a specific asset retired under the composite method of depreciation in 2011 was normal was reviewed in connection with responding to an SEC comment letter. We ultimately concluded that such disposition was unusual and that an $8.8 millioncharge should be reflected in the 2011 financial statements.

The tables below reflect the impact on the financial statements of the correction as described above.

Balance Sheet
(In thousands)	7/1/2012
Accumulated depreciation
As filed	$	(1,111,530	)
Correction	(8,369		)
As restated	$	(1,119,899	)
Total assets
As filed	$	2,141,898
Correction	(8,369		)
As restated	$	2,133,529
Deferred Tax Liability
As filed	$	137,288
Correction	(3,180		)
As restated	$	134,108
Limited Partners' Equity
As filed	$	93,946
Correction	(5,189		)
As restated	$	88,757

Statements of Operations and Other Comprehensive Income
(In thousands except per unit amounts)	Three months ended			Six months ended			Twelve months ended
	7/1/2012			7/1/2012			7/1/2012
Depreciation and amortization
As filed	$	48,330		$	52,409		$	130,837
Correction	(421		)	(421		)	(421		)
As restated	$	47,909		$	51,988		$	130,416
Loss (gain) on impairment / retirement of fixed assets, net
As filed	$	(862	)	$	(770	)	$	1,599
Correction	—			—			8,790
As restated	$	(862	)	$	(770	)	$	10,389
Income (loss) before tax
As filed	$	47,543		$	(39,411	)	$	139,267
Correction	421			421			(8,369		)
As restated	$	47,964		$	(38,990	)	$	130,898
Provision (benefit) for taxes
As filed	$	11,221		$	(10,318	)	$	16,970
Correction	160			160			(3,180		)
As restated	$	11,381		$	(10,158	)	$	13,790
Net income (loss)
As filed	$	36,322		$	(29,093	)	$	122,297
Correction	261			261			(5,189		)
As restated	$	36,583		$	(28,832	)	$	117,108
Basic earnings per limited partner unit:
As filed	$	0.65		$	(0.52	)	$	2.21
Correction	0.01			—			(0.10		)
As restated	$	0.66		$	(0.52	)	$	2.11
Diluted earnings per limited partner unit:
As filed	$	0.65		$	(0.52	)	$	2.19
Correction	0.01			—			(0.09		)
As restated	$	0.66		$	(0.52	)	$	2.10

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Fair Value Measurements

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair Value Measurements:

The FASB Accounting Standards Codification (ASC) relating to fair value measurements emphasizes that fair value is a market-based measurement that should be determined based on assumptions (inputs) that market participants would use in pricing an asset or liability. Inputs may be observable or unobservable, and valuation techniques used to measure fair value should maximize the use of relevant observable inputs and minimize the use of unobservable inputs. Accordingly, the FASB’s ASC establishes a hierarchal disclosure framework that ranks the quality and reliability of information used to determine fair values. The hierarchy is associated with the level of pricing observability utilized in measuring fair value and defines three levels of inputs to the fair value measurement process—quoted prices are the most reliable valuation inputs, whereas model values that include inputs based on unobservable data are the least reliable. Each fair value measurement must be assigned to a level corresponding to the lowest level input that is significant to the fair value measurement in its entirety.

The three broad levels of inputs defined by the fair value hierarchy are as follows:

• Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.

• Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

• Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement.

A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

The table below presents the balances of assets and liabilities measured at fair value as of June 30, 2013, December 31, 2012, and July 1, 2012 on a recurring basis:

	Total			Level 1		Level 2			Level 3
June 30, 2013
(In thousands)
Interest rate swap agreements (1)	$	(20,122	)	$	—	$	(20,122	)	$	—
Interest rate swap agreements (2)	(6,650		)	—		(6,650		)	—
Net derivative liability	$	(26,772	)	$	—	$	(26,772	)	$	—
December 31, 2012
Interest rate swap agreements (1)	$	(32,260	)	$	—	$	(32,260	)	$	—
Net derivative liability	$	(32,260	)	$	—	$	(32,260	)	$	—
July 1, 2012
Interest rate swap agreements (1)	$	(35,146	)	$	—	$	(35,146	)	$	—
Net derivative liability	$	(35,146	)	$	—	$	(35,146	)	$	—

(1) Designated as cash flow hedges and are included in “Derivative Liability” on the Unaudited Condensed Consolidated Balance Sheet

(2) Not designated as cash flow hedges and are included in "Derivative Liability" on the Unaudited Condensed Consolidated Balance Sheet

Fair values of the interest rate swap agreements are determined using significant inputs, including the LIBOR forward curves, that are considered Level 2 observable market inputs. In addition, the Partnership considered the effect of its credit and non-performance risk on the fair values provided, and recognized an adjustment decreasing the net derivative liability by approximately $0.7 million as of June 30, 2013.

There were no assets measured at fair value on a non-recurring basis at June 30, 2013 or July 1, 2012, except for as described below.

At the end of the third quarter in 2012, the Partnership concluded based on operating results, as well as updated forecasts, and changes in market conditions, that a review of the carrying value of long-lived assets at Wildwater Kingdom was warranted. After performing its review, the Partnership determined that a portion of the park's fixed assets were impaired. Based on Level 3 unobservable valuation assumptions and other market inputs, the assets were marked to a fair value of $19.8 million, resulting in an impairment charge of $25.0 million during the quarter.

The fair value of term debt at June 30, 2013 was approximately $630.0 million based on borrowing rates currently available to the Partnership on long-term debt with similar terms and average maturities. The fair value of the Partnership's notes at June 30, 2013 was approximately $913.2 million based on public trading levels as of that date. The fair value of the term debt was based on Level 2 inputs and the notes were based on Level 1 inputs.

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Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of changes in Partnership's carrying value of goodwill

A summary of changes in the Partnership’s carrying value of goodwill for the six months ended June 30, 2013 is as follows:

(In thousands)	Goodwill (gross)			Accumulated Impairment Losses			Goodwill (net)
Balance at December 31, 2012	$	326,089		$	(79,868	)	$	246,221
Foreign currency translation	(6,741		)	—			(6,741		)
Balance at June 30, 2013	$	319,348		$	(79,868	)	$	239,480

Partnership's other intangible assets

t June 30, 2013, December 31, 2012, and July 1, 2012 the Partnership’s other intangible assets consisted of the following:

June 30, 2013	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
(In thousands)
Other intangible assets:
Trade names	$	39,267	$	—	$	39,267
License / franchise agreements	831		379		452
Total other intangible assets	$	40,098	$	379	$	39,719
December 31, 2012
(In thousands)
Other intangible assets:
Trade names	$	40,222	$	—	$	40,222
License / franchise agreements	790		360		430
Total other intangible assets	$	41,012	$	360	$	40,652
July 1, 2012
(In thousands)
Other intangible assets:
Trade names	$	39,799	$	—	$	39,799
License / franchise agreements	790		340		450
Total other intangible assets	$	40,589	$	340	$	40,249

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Consolidating Financial Information of Guarantors and Issuers

6 Months Ended

Jun. 30, 2013

Condensed Consolidated Financial Information [Abstract]

Consolidating Financial Information of Guarantors and Issuers

Consolidating Financial Information of Guarantors and Issuers:

Cedar Fair, L.P., Canada's Wonderland Company ("Cedar Canada"), and Magnum Management Corporation ("Magnum") are the co-issuers of the Partnership's 9.125% notes and the 5.25% notes (see Note 5). The notes have been fully and unconditionally guaranteed, on a joint and several basis, by each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum) that guarantees the Partnership's senior secured credit facilities. There are no non-guarantor subsidiaries.

The following consolidating schedules present condensed financial information for Cedar Fair, L.P., Cedar Canada, and Magnum, the co-issuers, and each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum), the guarantors (on a combined basis), as of June 30, 2013, December 31, 2012, and July 1, 2012 and for the three, six and twelve month periods ended June 30, 2013 and July 1, 2012. In lieu of providing separate unaudited financial statements for the guarantor subsidiaries, we have included the accompanying condensed consolidating financial statements.

Since Cedar Fair, L.P., Cedar Canada and Magnum are co-issuers of the notes and co-borrowers under the 2013 Credit Agreement, all outstanding debt has been equally reflected within each co-issuer's June 30, 2013, December 31, 2012 and July 1, 2012 balance sheets in the accompanying condensed consolidating financial statements.

The consolidating financial information has been corrected for the information described in Note 11.

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	21,745	$	27,904	$	(6,021	)	$	43,628
Receivables	2,960		89,760		86,590		517,925		(630,036		)	67,199
Inventories	—		4,639		4,182		36,631		—			45,452
Current deferred tax asset	—		23,822		816		3,664		—			28,302
Prepaid advertising	—		9,181		1,579		5,854		—			16,614
Other current assets	620		2,259		487		13,908		—			17,274
	3,580		129,661		115,399		605,886		(636,057		)	218,469
Property and Equipment (net)	463,783		994		250,249		835,875		—			1,550,901
Investment in Park	447,080		735,017		129,942		38,992		(1,351,031		)	—
Goodwill	9,061		—		119,201		111,218		—			239,480
Other Intangibles, net	—		—		16,880		22,839		—			39,719
Deferred Tax Asset	—		34,028		—		90		(34,118		)	—
Intercompany Receivable	874,125		1,123,159		1,165,828		—		(3,163,112		)	—
Other Assets	13,605		9,382		7,112		2,227		—			32,326
	$	1,811,234	$	2,032,241	$	1,804,611	$	1,617,127	$	(5,184,318	)	$	2,080,895
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	6,300	$	6,300	$	6,300	$	—	$	(12,600	)	$	6,300
Accounts payable	155,522		208,924		7,971		285,379		(623,457		)	34,339
Deferred revenue	—		—		18,719		113,646		—			132,365
Accrued interest	5,189		3,563		15,192		—		—			23,944
Accrued taxes	6,534		458		181		2,848		—			10,021
Accrued salaries, wages and benefits	1		18,642		2,153		9,100		—			29,896
Self-insurance reserves	—		5,535		1,727		17,330		—			24,592
Other accrued liabilities	860		4,421		715		2,793		—			8,789
	174,406		247,843		52,958		431,096		(636,057		)	270,246
Deferred Tax Liability	—		—		61,544		126,866		(34,118		)	154,292
Derivative Liability	16,039		10,733		—		—		—			26,772
Other Liabilities	—		5,296		—		3,500		—			8,796
Long-Term Debt:
Revolving credit loans	58,000		58,000		58,000		—		(116,000		)	58,000
Term debt	622,125		622,125		622,125		—		(1,244,250		)	622,125
Notes	901,431		901,431		901,431		—		(1,802,862		)	901,431
	1,581,556		1,581,556		1,581,556		—		(3,163,112		)	1,581,556
Equity	39,233		186,813		108,553		1,055,665		(1,351,031		)	39,233
	$	1,811,234	$	2,032,241	$	1,804,611	$	1,617,127	$	(5,184,318	)	$	2,080,895

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2012

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	25,000	$	444	$	50,173	$	3,213	$	—		$	78,830
Receivables	4		101,093		71,099		498,555		(652,559		)	18,192
Inventories	—		1,724		2,352		23,764		—			27,840
Current deferred tax asset	—		3,705		816		3,663		—			8,184
Other current assets	563		17,858		530		5,490		(16,381		)	8,060
	25,567		124,824		124,970		534,685		(668,940		)	141,106
Property and Equipment (net)	439,506		1,013		268,157		835,596		—			1,544,272
Investment in Park	485,136		772,183		115,401		53,790		(1,426,510		)	—
Goodwill	9,061		—		125,942		111,218		—			246,221
Other Intangibles, net	—		—		17,835		22,817		—			40,652
Deferred Tax Asset	—		36,443		—		90		(36,533		)	—
Intercompany Receivable	877,612		1,070,125		1,116,623		—		(3,064,360		)	—
Other Assets	22,048		14,832		8,419		2,315		—			47,614
	$	1,858,930	$	2,019,420	$	1,777,347	$	1,560,511	$	(5,196,343	)	$	2,019,865
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Accounts payable	$	147,264	$	213,279	$	16,101	$	286,649	$	(652,559	)	$	10,734
Deferred revenue	—		—		4,996		34,489		—			39,485
Accrued interest	98		64		15,350		—		—			15,512
Accrued taxes	4,518		—		6,239		23,437		(16,381		)	17,813
Accrued salaries, wages and benefits	—		17,932		1,214		5,690		—			24,836
Self-insurance reserves	—		5,528		1,754		16,624		—			23,906
Other accrued liabilities	1,110		2,502		140		2,164		—			5,916
	152,990		239,305		45,794		369,053		(668,940		)	138,202
Deferred Tax Liability	—		—		63,460		126,865		(36,533		)	153,792
Derivative Liability	19,309		12,951		—		—		—			32,260
Other Liabilities	—		5,480		—		3,500		—			8,980
Long-Term Debt:
Term debt	1,131,100		1,131,100		1,131,100		—		(2,262,200		)	1,131,100
Notes	401,080		401,080		401,080		—		(802,160		)	401,080
	1,532,180		1,532,180		1,532,180		—		(3,064,360		)	1,532,180
Equity	154,451		229,504		135,913		1,061,093		(1,426,510		)	154,451
	$	1,858,930	$	2,019,420	$	1,777,347	$	1,560,511	$	(5,196,343	)	$	2,019,865

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	13,974	$	27,476	$	(5,521	)	$	35,929
Receivables	—		71,210		64,931		436,324		(529,512		)	42,953
Inventories	—		4,861		4,663		41,712		—			51,236
Current deferred tax asset	—		6,239		772		3,334		—			10,345
Prepaid advertising	—		10,181		596		5,473		—			16,250
Income tax refundable	—		—		10,083		—		—			10,083
Other current assets	800		2,971		908		4,660		—			9,339
	800		95,462		95,927		518,979		(535,033		)	176,135
Property and Equipment (net)	465,146		1,025		272,511		882,682		—			1,621,364
Investment in Park	471,253		701,181		114,053		21,834		(1,308,321		)	—
Intercompany Note Receivable	—		86,362		—		—		(86,362		)	—
Goodwill	9,061		—		122,960		111,218		—			243,239
Other Intangibles, net	—		—		17,412		22,837		—			40,249
Deferred Tax Asset	—		43,471		—		—		(43,471		)	—
Intercompany Receivable	880,971		1,186,016		1,236,507		—		(3,303,494		)	—
Other Assets	24,678		16,454		9,010		2,400		—			52,542
	$	1,851,909	$	2,129,971	$	1,868,380	$	1,559,950	$	(5,276,681	)	$	2,133,529
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Accounts payable	$	108,234	$	233,508	$	14,320	$	217,263	$	(535,033	)	$	38,292
Deferred revenue	—		—		19,946		88,521		—			108,467
Accrued interest	481		195		15,353		—		—			16,029
Accrued taxes	7,083		571		59		3,027		—			10,740
Accrued salaries, wages and benefits	1		26,108		2,410		9,190		—			37,709
Self-insurance reserves	—		4,280		1,771		17,147		—			23,198
Other accrued liabilities	953		4,489		935		2,275		—			8,652
	116,752		269,151		54,794		337,423		(535,033		)	243,087
Deferred Tax Liability	—		—		58,162		119,417		(43,471		)	134,108
Derivative Liability	21,090		14,056		—		—		—			35,146
Other Liabilities	—		3,621		—		3,500		—			7,121
Intercompany Note Payable	—		—		—		86,362		(86,362		)	—
Long-Term Debt:
Revolving credit loans	111,000		111,000		111,000		—		(222,000		)	111,000
Term debt	1,140,100		1,140,100		1,140,100		—		(2,280,200		)	1,140,100
Notes	400,647		400,647		400,647		—		(801,294		)	400,647
	1,651,747		1,651,747		1,651,747		—		(3,303,494		)	1,651,747
Equity	62,320		191,396		103,677		1,013,248		(1,308,321		)	62,320
	$	1,851,909	$	2,129,971	$	1,868,380	$	1,559,950	$	(5,276,681	)	$	2,133,529

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	43,925		$	85,358		$	34,954		$	326,473		$	(129,090	)	$	361,620
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			2,994			28,059			—			31,053
Operating expenses	1,408			52,246			15,586			201,134			(129,090		)	141,284
Selling, general and administrative	1,222			26,888			3,868			13,789			—			45,767
Depreciation and amortization	12,891			9			6,818			26,314			—			46,032
Loss on impairment / retirement of fixed assets, net	—			—			—			29			—			29
	15,521			79,143			29,266			269,325			(129,090		)	264,165
Operating income	28,404			6,215			5,688			57,148			—			97,455
Interest expense (income), net	10,210			7,246			9,843			(1,507		)	—			25,792
Net effect of swaps	(1,378		)	(895		)	—			—			—			(2,273		)
Unrealized / realized foreign currency loss	—			—			14,886			—			—			14,886
Other (income) expense	187			(2,128		)	583			1,358			—			—
(Income) loss from investment in affiliates	(30,875		)	(15,540		)	(8,232		)	4,649			49,998			—
Net income (loss) before taxes	50,260			17,532			(11,392		)	52,648			(49,998		)	59,050
Provision (benefit) for taxes	2,870			684			(6,732		)	14,838			—			11,660
Net income (loss)	$	47,390		$	16,848		$	(4,660	)	$	37,810		$	(49,998	)	$	47,390
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592			—			1,592			—			(1,592		)	1,592
Unrealized income on cash flow hedging derivatives	1,679			503			—			—			(503		)	1,679
Other comprehensive income, (net of tax)	3,271			503			1,592			—			(2,095		)	3,271
Total Comprehensive (Income) loss	$	50,661		$	17,351		$	(3,068	)	$	37,810		$	(52,093	)	$	50,661

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	43,745		$	77,510		$	41,841		$	315,637		$	(121,127	)	$	357,606
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,541			28,945			—			32,486
Operating expenses	1,438			52,584			15,935			197,406			(121,127		)	146,236
Selling, general and administrative	1,656			24,525			4,295			14,035			—			44,511
Depreciation and amortization	13,531			9			6,985			27,384			—			47,909
Loss (gain) on impairment / retirement of fixed assets, net	(861		)	—			(1		)	—			—			(862		)
	15,764			77,118			30,755			267,770			(121,127		)	270,280
Operating income	27,981			392			11,086			47,867			—			87,326
Interest expense, net	13,067			8,084			10,598			(1,515		)	—			30,234
Net effect of swaps	(104		)	(69		)	—			—			—			(173		)
Unrealized / realized foreign currency gain	—			—			9,301			—			—			9,301
Other (income) expense	188			(2,041		)	512			1,341			—			—
Income from investment in affiliates	(24,476		)	(16,973		)	(6,955		)	(260		)	48,664			—
Income (loss) before taxes	39,306			11,391			(2,370		)	48,301			(48,664		)	47,964
Provision (benefit) for taxes	2,723			(1,876		)	(1,322		)	11,856			—			11,381
Net income (loss)	$	36,583		$	13,267		$	(1,048	)	$	36,445		$	(48,664	)	$	36,583
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	481			—			481			—			(481		)	481
Unrealized income on cash flow hedging derivatives	(2,370		)	(775		)	—			—			775			(2,370		)
Other comprehensive income (loss), (net of tax)	(1,889		)	(775		)	481			—			294			(1,889		)
Total Comprehensive Income (Loss)	$	34,694		$	12,492		$	(567	)	$	36,445		$	(48,370	)	$	34,694

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Six Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	48,243		$	93,729		$	35,243		$	367,983		$	(141,779	)	$	403,419
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			2,994			33,096			—			36,090
Operating expenses	2,831			73,852			21,527			261,510			(141,779		)	217,941
Selling, general and administrative	2,514			43,501			4,579			16,212			—			66,806
Depreciation and amortization	13,366			18			6,818			30,616			—			50,818
Loss on impairment / retirement of fixed assets, net	36			—			478			115			—			629
	18,747			117,371			36,396			341,549			(141,779		)	372,284
Operating income (loss)	29,496			(23,642		)	(1,153		)	26,434			—			31,135
Interest expense (income), net	20,722			14,923			19,607			(3,737		)	—			51,515
Net effect of swaps	4,257			2,681			—			—			—			6,938
Loss on early debt extinguishment	21,175			12,781			617			—			—			34,573
Unrealized / realized foreign currency loss	—			—			23,844			—			—			23,844
Other (income) expense	375			(4,516		)	1,383			2,758			—			—
(Income) loss from investment in affiliates	41,221			20,100			(4,712		)	25,876			(82,485		)	—
Income (loss) before taxes	(58,254		)	(69,611		)	(41,892		)	1,537			82,485			(85,735		)
Provision (benefit) for taxes	3,482			(16,981		)	(15,986		)	5,486			—			(23,999		)
Net income (loss)	(61,736		)	(52,630		)	(25,906		)	(3,949		)	82,485			(61,736		)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,893			—			1,893			—			(1,893		)	1,893
Unrealized income (loss) on cash flow hedging derivatives	10,564			3,038			—			—			(3,038		)	10,564
Other comprehensive income (loss), (net of tax)	12,457			3,038			1,893			—			(4,931		)	12,457
Total Comprehensive Income (Loss)	$	(49,279	)	$	(49,592	)	$	(24,013	)	$	(3,949	)	$	77,554		$	(49,279	)

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Six Months Ended July 1, 2012(As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	45,201		$	80,087		$	42,107		$	343,569		$	(125,160	)	$	385,804
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,541			33,032			—			36,573
Operating expenses	2,773			73,020			21,592			245,296			(125,160		)	217,521
Selling, general and administrative	2,988			38,221			5,055			16,231			—			62,495
Depreciation and amortization	14,227			18			6,985			30,758			—			51,988
Loss (gain) on impairment / retirement of fixed assets, net	(779		)	—			9			—			—			(770		)
	19,209			111,259			37,182			325,317			(125,160		)	367,807
Operating income (loss)	25,992			(31,172		)	4,925			18,252			—			17,997
Interest expense, net	24,225			14,699			21,001			(2,904		)	—			57,021
Net effect of swaps	69			263			(1,475		)	—			—			(1,143		)
Unrealized / realized foreign currency loss	—			—			1,109			—			—			1,109
Other (income) expense	375			(5,076		)	709			3,992			—			—
(Income) loss from investment in affiliates	26,015			6,477			(3,541		)	6,803			(35,754		)	—
Income (loss) before taxes	(24,692		)	(47,535		)	(12,878		)	10,361			35,754			(38,990		)
Provision (benefit) for taxes	4,140			(13,548		)	(3,656		)	2,906			—			(10,158		)
Net income (loss)	$	(28,832	)	$	(33,987	)	$	(9,222	)	$	7,455		$	35,754		$	(28,832	)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(688		)	—			(688		)	—			688			(688		)
Unrealized income on cash flow hedging derivatives	(2,031		)	(677		)	21			—			656			(2,031		)
Other comprehensive income (loss), (net of tax)	(2,719		)	(677		)	(667		)	—			1,344			(2,719		)
Total Comprehensive Income (loss)	$	(31,551	)	$	(34,664	)	$	(9,889	)	$	7,455		$	37,098		$	(31,551	)

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

For the Twelve Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	148,757		$	271,778		$	133,554		$	952,082		$	(420,102	)	$	1,086,069
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			9,769			84,796			—			94,565
Operating expenses	5,438			177,188			47,798			641,501			(420,102		)	451,823
Selling, general and administrative	6,021			91,895			10,659			34,047			—			142,622
Depreciation and amortization	36,799			40			18,032			70,265			—			125,136
(Gain) on sale of other assets	—			—			—			(6,625		)	—			(6,625		)
Loss on impairment / retirement of fixed assets, net	25,950			—			475			5,310			—			31,735
	74,208			269,123			86,733			829,294			(420,102		)	839,256
Operating income	74,549			2,655			46,821			122,788			—			246,813
Interest (income) expense, net	45,022			29,552			39,476			(9,005		)	—			105,045
Net effect of swaps	4,050			2,539			—			—			—			6,589
Loss on early debt extinguishment	21,175			12,781			617			—			—			34,573
Unrealized / realized foreign currency loss	—			—			13,737			—			—			13,737
Other (income) expense	749			(8,947		)	2,694			5,504			—			—
Income from investment in affiliates	(74,816		)	(52,527		)	(15,768		)	(12,687		)	155,798			—
Income before taxes	78,369			19,257			6,065			138,976			(155,798		)	86,869
Provision (benefit) for taxes	9,417			(13,289		)	(8,917		)	30,706			—			17,917
Net income	$	68,952		$	32,546		$	14,982		$	108,270		$	(155,798	)	$	68,952
Other comprehensive income, (net of tax):
Cumulative foreign currency translation adjustment	2,950			—			2,950			—			(2,950		)	2,950
Unrealized income on cash flow hedging derivatives	12,735			3,635			—			—			(3,635		)	12,735
Other comprehensive income, (net of tax)	15,685			3,635			2,950			—			(6,585		)	15,685
Total Comprehensive Income	$	84,637		$	36,181		$	17,932		$	108,270		$	(162,383	)	$	84,637

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Twelve Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	150,783		$	267,882		$	138,595		$	963,915		$	(418,258	)	$	1,102,917
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			10,743			86,664			—			97,407
Operating expenses	5,341			175,593			47,795			647,795			(418,258		)	458,266
Selling, general and administrative	6,309			88,725			11,892			37,847			—			144,773
Depreciation and amortization	38,843			42			17,976			73,555			—			130,416
Loss (gain) on impairment / retirement of fixed assets, net	15			—			(52		)	10,426			—			10,389
	50,508			264,360			88,354			856,287			(418,258		)	841,251
Operating income	100,275			3,522			50,241			107,628			—			261,666
Interest expense, net	61,742			24,419			48,119			(3,440		)	—			130,840
Net effect of swaps	(9,027		)	(121		)	(5,569		)	—			—			(14,717		)
Unrealized / realized foreign currency loss	—			—			14,863			—			—			14,863
Other (income) expense	533			(9,873		)	1,602			7,520			—			(218		)
(Income) loss from investment in affiliates	(80,137		)	(28,421		)	(6,557		)	6,067			109,048			—
Income (loss) before taxes	127,164			17,518			(2,217		)	97,481			(109,048		)	130,898
Provision (benefit) for taxes	10,056			(26,630		)	7,042			23,322			—			13,790
Net income (loss)	$	117,108		$	44,148		$	(9,259	)	$	74,159		$	(109,048	)	$	117,108
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	733			—			733			—			(733		)	733
Unrealized income (loss) on cash flow hedging derivatives	(3,854		)	(4,884		)	21			—			4,863			(3,854		)
Other comprehensive income (loss), (net of tax)	(3,121		)	(4,884		)	754			—			4,130			(3,121		)
Total Comprehensive Income (Loss)	$	113,987		$	39,264		$	(8,505	)	$	74,159		$	(104,918	)	$	113,987

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	4,808		$	(30,371	)	$	(4,856	)	$	44,138		$	68,837		$	82,556
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	38,056			37,167			(18,274		)	17,909			(74,858		)	—
Capital expenditures	(38,398		)	—			(3,435		)	(37,356		)	—			(79,189		)
Net cash from (for) investing activities	(342		)	37,167			(21,709		)	(19,447		)	(74,858		)	(79,189		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	58,000			—			—			—			—			58,000
Term debt borrowings	359,022			256,500			14,478			—			—			630,000
Note borrowings	294,897			205,103			—			—			—			500,000
Payment of debt issuance costs	(14,312		)	(8,014		)	(438		)	—			—			(22,764		)
Term debt payments, including early termination penalties	(655,723		)	(462,438		)	(14,514		)	—			—			(1,132,675		)
Distributions (paid) received	(71,350		)	1,711			—			—			—			(69,639		)
Exercise of limited partnership unit options	—			28			—			—			—			28
Excess tax benefit from unit-based compensation expense	—			(130		)	—			—			—			(130		)
Net cash from (for) financing activities	(29,466		)	(7,240		)	(474		)	—			—			(37,180		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(1,389		)	—			—			(1,389		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(25,000		)	(444		)	(28,428		)	24,691			(6,021		)	(35,202		)
Balance, beginning of period	25,000			444			50,173			3,213			—			78,830
Balance, end of period	$	—		$	—		$	21,745		$	27,904		$	(6,021	)	$	43,628

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)				Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	(75,559	)	$	47,309			$	(12,724	)	$	44,638		$	60,941		$	64,605
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	41,361			11,532				(415		)	13,984			(66,462		)	—
Sale of other assets	1,173			—				—			—			—			1,173
Capital expenditures	(24,266		)	—				(13,478		)	(27,136		)	—			(64,880		)
Net cash from (for) investing activities	18,268			11,532				(13,893		)	(13,152		)	(66,462		)	(63,707		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	111,000			—				—			—			—			111,000
Derivative settlement	—			—				(50,450		)	—			—			(50,450		)
Term debt payments, including early termination penalties	(9,259		)	(6,536		)		(205		)	—			—			(16,000		)
Intercompany (payments) receipts	—			7,482				—			(7,482		)	—			—
Distributions (paid) received	(44,450		)	92				—			—			—			(44,358		)
Capital (contribution) infusion	—			(60,000		)	—	60,000			—			—			—
Exercise of limited partnership unit options	—			47				—			—			—			47
Excess tax benefit from unit-based compensation	—			(438		)		—			—			—			(438		)
Net cash from (for) financing activities	57,291			(59,353		)		9,345			(7,482		)	—			(199		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—				(294		)	—			—			(294		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			(512		)		(17,566		)	24,004			(5,521		)	405
Balance, beginning of period	—			512				31,540			3,472			—			35,524
Balance, end of period	$	—		$	—			$	13,974		$	27,476		$	(5,521	)	$	35,929

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Twelve Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	210,085		$	(47,009	)	$	29,440		$	140,865		$	(30,675	)	$	302,706
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	27,874			(30,140		)	(15,735		)	(12,174		)	30,175			—
Sale of other assets	—			—			—			14,885			—			14,885
Capital expenditures	(47,797		)	(8		)	(4,404		)	(56,786		)	—			(108,995		)
Net cash for investing activities	(19,923		)	(30,148		)	(20,139		)	(54,075		)	30,175			(94,110		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	(53,000		)	—			—			—			—			(53,000		)
Term debt borrowings	359,022			256,500			14,478			—			—			630,000
Note borrowings	294,897			205,103			—			—			—			500,000
Intercompany term debt (payments) receipts	—			86,362			—			(86,362		)	—			—
Term debt payments, including early termination penalties	(660,931		)	(466,114		)	(14,630		)	—			—			(1,141,675		)
Distributions (paid) received	(115,839		)	1,746			—			—			—			(114,093		)
Exercise of limited partnership unit options	—			57			—			—			—			57
Payment of debt issuance costs	(14,311		)	(8,014		)	(433		)	—			—			(22,758		)
Excess tax benefit from unit-based compensation expense	—			1,517			—			—			—			1,517
Net cash from (for) financing activities	(190,162		)	77,157			(585		)	(86,362		)	—			(199,952		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(945		)	—			—			(945		)
CASH AND CASH EQUIVALENTS
Net increase for the period	—			—			7,771			428			(500		)	7,699
Balance, beginning of period	—			—			13,974			27,476			(5,521		)	35,929
Balance, end of period	$	—		$	—		$	21,745		$	27,904		$	(6,021	)	$	43,628

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Twelve Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	146,874		$	(73,709	)	$	24,332		$	223,401		$	(63,983	)	$	256,915
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	(31,801		)	(37,181		)	(579		)	11,099			58,462			—
Sale of other assets	1,173			—			—			—			—			1,173
Capital expenditures	(36,852		)	—			(25,832		)	(40,701		)	—			(103,385		)
Net cash from (for) investing activities	(67,480		)	(37,181		)	(26,411		)	(29,602		)	58,462			(102,212		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings (payments) on revolving credit loans	26,000			—			—			—			—			26,000
Intercompany term debt (payments) receipts	—			183,138			—			(183,138		)	—			—
Term debt payments, including early termination penalties	(21,383		)	(15,094		)	(473		)	—			—			(36,950		)
Derivative settlement	—			—			(50,450		)	—			—			(50,450		)
Distributions (paid) received	(90,011		)	269			—			—			—			(89,742		)
Capital (contribution) infusion	—			(60,000		)	60,000			—			—			—
Payment of debt issuance costs	—			—			(723		)	—			—			(723		)
Exercise of limited partnership unit options	—			53			—			—			—			53
Excess tax benefit from unit-based compensation	—			(438		)	—			—			—			(438		)
Net cash from (for) financing activities	(85,394		)	107,928			8,354			(183,138		)	—			(152,250		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(2,203		)	—			—			(2,203		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(6,000		)	(2,962		)	4,072			10,661			(5,521		)	250
Balance, beginning of period	6,000			2,962			9,902			16,815			—			35,679
Balance, end of period	$	—		$	—		$	13,974		$	27,476		$	(5,521	)	$	35,929

XML

Document and Entity Information	6 Months Ended
	Jun. 30, 2013	Aug. 01, 2013
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Entity Registrant Name	CEDAR FAIR L P
Entity Central Index Key	0000811532
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		0
Entity Unit, Units Outstanding		55,712,940

XML

Changes in Accumulated Other Comprehensive Income by Component

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Changes in Accumulated Other Comprehensive Income by Component

Changes in Accumulated Other Comprehensive Income by Component:

The following tables reflect the changes in Accumulated other comprehensive income (loss) related to limited partners' equity for the period ended June 30, 2013:

	Changes in Accumulated Other Comprehensive Income by Component (1)
(In thousands)
		Gains and
		Losses on			Foreign
		Cash Flow			Currency
		Hedges			Items			Total
Balance at December 31, 2012		$	(25,749	)	$	(2,751	)	$	(28,500	)
	Other comprehensive
	income before
	reclassifications	1,940			1,893			3,833
	Amounts reclassified
	from accumulated
	other comprehensive
	income (2)	8,624			—			8,624
Net current-period other
comprehensive income		10,564			1,893			12,457
June 30, 2013		$	(15,185	)	$	(858	)	$	(16,043	)

(1) All amounts are net of tax. Amounts in parentheses indicate debits.

(2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details.

Reclassifications Out of Accumulated Other Comprehensive Income (1)
(In thousands)
Details about Accumulated Other Comprehensive Income Components	Amount Reclassified from Accumulated Other Comprehensive Income			Affected Line Item in the Statement Where Net Income is Presented
Gains and losses on cash flow hedges
Interest rate contracts	$	10,160		Net effect of swaps
	$	10,160		Total before tax
	(1,536		)	Provision (benefit) for taxes
	$	8,624		Net of tax

(1) Amounts in parentheses indicate debits.