XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Earnings (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2022
Sep. 30, 2021
Sep. 29, 2022
Sep. 30, 2021
Revenues:        
Revenues $ 174,681 $ 140,978 $ 489,615 $ 277,562
Cost reimbursements 8,969 4,884 24,832 11,634
Total revenues 183,650 145,862 514,447 289,196
Costs and expenses:        
Advertising and marketing 6,544 4,827 17,003 11,195
Administrative 19,995 16,536 56,703 45,815
Depreciation and amortization 16,452 17,730 50,435 54,203
Rent 6,672 6,544 19,500 19,229
Property taxes 4,911 4,935 14,636 14,142
Other operating expenses 10,528 6,500 29,463 19,918
Impairment charges 0 0 0 3,732
Reimbursed costs 8,969 4,884 24,832 11,634
Total costs and expenses 174,701 139,589 503,402 344,694
Operating income (loss) 8,949 6,273 11,045 (55,498)
Other income (expense):        
Investment income (loss) (35) (7) (762) 153
Interest expense (3,688) (4,600) (11,843) (14,350)
Other expense (384) (625) (1,545) (1,881)
Gain (loss) on disposition of property, equipment and other assets (88) 868 267 2,908
Equity earnings ( losses) from unconsolidated joint ventures 30 0 (104) 0
Nonoperating income (expense), total (4,165) (4,364) (13,987) (13,170)
Earnings (loss) before income taxes 4,784 1,909 (2,942) (68,668)
Income tax expense ( benefit) 1,495 150 (289) (18,931)
Net earnings (loss) 3,289 1,759 (2,653) (49,737)
Net earnings (loss) attributable to noncontrolling interests 0 0 0 0
Net earnings (loss) attributable to The Marcus Corporation $ 3,289 $ 1,759 $ (2,653) $ (49,737)
Common Stock        
Net earnings (loss) per share - basic:        
Common stock (in dollars per share) $ 0.11 $ 0.06 $ (0.09) $ (1.66)
Net earnings (loss) per share - diluted:        
Common stock (in dollars per share) 0.10 0.06 (0.09) (1.66)
Class B Common Stock        
Net earnings (loss) per share - basic:        
Common stock (in dollars per share) 0.10 0.05 (0.08) (1.39)
Net earnings (loss) per share - diluted:        
Common stock (in dollars per share) $ 0.10 $ 0.05 $ (0.08) $ (1.39)
Theatre admissions        
Revenues:        
Revenues $ 49,424 $ 38,250 $ 150,928 $ 73,850
Rooms        
Revenues:        
Revenues 36,924 30,917 83,219 57,293
Costs and expenses:        
Costs 11,856 9,682 30,530 22,019
Theatre concessions        
Revenues:        
Revenues 44,715 35,952 138,326 68,932
Costs and expenses:        
Costs 17,868 15,094 56,054 29,627
Food and beverage        
Revenues:        
Revenues 21,444 16,731 54,969 32,234
Costs and expenses:        
Costs 16,150 12,344 43,325 25,520
Other revenues        
Revenues:        
Revenues 22,174 19,128 62,173 45,253
Theatre operations        
Costs and expenses:        
Costs $ 54,756 $ 40,513 $ 160,921 $ 87,660