XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents (Note 1) $ 17,658,000 $ 6,745,000
Restricted cash (Note 1) 6,396,000 7,343,000
Accounts receivable, net of reserves (Note 6) 28,902,000 6,359,000
Government grants receivable (Note 2) 4,335,000 4,913,000
Refundable income taxes 22,435,000 27,934,000
Assets held for sale (Note 1) 4,856,000 4,117,000
Other current assets (Note 1) 15,364,000 10,406,000
Total current assets 99,946,000 67,817,000
PROPERTY AND EQUIPMENT, NET (Note 6) 771,192,000 848,328,000
OPERATING LEASE RIGHT-OF-USE ASSETS (Note 8) 217,072,000 229,660,000
OTHER ASSETS:    
Investments in joint ventures (Note 13) 2,335,000 2,084,000
Goodwill (Note 1) 75,095,000 75,188,000
Deferred income taxes (Note 11) 10,032,000 0
Other (Note 6) 12,689,000 31,101,000
Total other assets 100,151,000 108,373,000
Total assets 1,188,361,000 1,254,178,000
CURRENT LIABILITIES:    
Accounts payable 35,781,000 13,158,000
Taxes other than income taxes 19,566,000 18,308,000
Accrued compensation 20,474,000 7,633,000
Other accrued liabilities (Note 1) 59,678,000 58,154,000
Short-term borrowings (Note 7) 47,346,000 87,194,000
Current portion of finance lease obligations (Note 8) 2,561,000 2,783,000
Current portion of operating lease obligations (Note 8) 16,795,000 19,614,000
Current maturities of long-term debt (Note 7) 10,967,000 10,548,000
Total current liabilities 213,168,000 217,392,000
FINANCE LEASE OBLIGATIONS (Note 8) 17,192,000 19,744,000
OPERATING LEASE OBLIGATIONS (Note 8) 216,064,000 230,550,000
LONG-TERM DEBT (Note 7) 204,177,000 193,036,000
DEFERRED INCOME TAXES (Note 11) 26,183,000 33,429,000
OTHER LONG- TERM OBLIGATIONS (Note 10) 57,963,000 61,304,000
COMMITMENTS AND LICENSE RIGHTS (Note 12)
Shareholders’ equity attributable to The Marcus Corporation    
Preferred Stock, $1 par; authorized 1,000,000 shares; none issued 0 0
Capital in excess of par 145,656,000 153,529,000
Retained earnings 289,306,000 331,897,000
Accumulated other comprehensive loss (11,444,000) (14,933,000)
Stockholders' equity before treasury stock 454,993,000 501,683,000
Less cost of Common Stock in treasury (48,111 shares at December 30, 2021 and 124,758 shares at December 31, 2020) (1,379,000) (2,960,000)
Total shareholders’ equity attributable to The Marcus Corporation 453,614,000 498,723,000
Noncontrolling interests 0 0
Total equity 453,614,000 498,723,000
Total liabilities and shareholders’ equity 1,188,361,000 1,254,178,000
Common Stock    
Shareholders’ equity attributable to The Marcus Corporation    
Common Stock: 24,345,000 23,264,000
Class B Common Stock    
Shareholders’ equity attributable to The Marcus Corporation    
Common Stock: $ 7,130,000 $ 7,926,000