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General (Tables)
 6 Months Ended
Jun. 27, 2024
Accounting Policies [Abstract]  
Schedule of Earnings (Loss) Per Share
The following table illustrates the computation of Common Stock basic and diluted net earnings (loss) per share, provides a reconciliation of the number of weighted-average basic and diluted shares outstanding, when applicable, and provides the weighted-average number of anti-dilutive shares excluded from the computation of diluted weighted-average shares outstanding:
13 Weeks Ended26 Weeks Ended
June 27, 2024June 29, 2023June 27, 2024June 29, 2023
Net earnings (loss) per share - basic:
Common Stock$(0.64)$0.43 $(1.03)$0.13 
Class B Common Stock$(0.58)$0.39 $(0.92)$0.12 
Net earnings (loss) per share - diluted:
Common Stock$(0.64)$0.35 $(1.03)$0.13 
Class B Common Stock$(0.58)$0.34 $(0.92)$0.12 
Numerator:
Net earnings (loss) $(20,221)$13,466 $(32,087)$4,000 
Denominator (in thousands):
Denominator for basic EPS32,161 31,673 32,027 31,622 
Effect of dilutive employee stock options— 61 — 52 
Effect of convertible senior notes— 9,201 — — 
Diluted weighted-average shares outstanding32,161 40,935 32,027 31,674 
Weighted-average number of anti-dilutive shares excluded from denominator (in thousands):
Employee stock options3,146 2,506 2,934 3,014 
Restricted stock units50 — 50 — 
Performance stock units143 — 143 — 
Convertible senior notes6,719 — 8,009 9,201 
Total10,058 2,506 11,136 12,215 
Schedule of Stockholders Equity Activity impacting total shareholders’ equity attributable to The Marcus Corporation and noncontrolling interest for the 26 weeks ended June 27, 2024 and June 29, 2023 was as follows:
Common
Stock		Class B
Common
Stock		Capital
in Excess
of Par		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Treasury
Stock		Total Shareholders’
Equity
BALANCES AT DECEMBER 28, 2023$24,692 $7,078 $160,642 $281,599 $(1,336)$(1,503)$471,172 
Cash dividends:
$0.064 per share Class B Common Stock
— — — (449)— — (449)
$0.07 per share Common Stock
— — — (1,760)— — (1,760)
Purchase of treasury stock— — — — — (301)(301)
Reissuance of treasury stock— — (3)— — 23 20 
Issuance of non-vested stock452 — (515)— — 63 — 
Shared-based compensation— — 2,514 — — — 2,514 
Conversions of Class B Common Stock93 (93)— — — — — 
Comprehensive loss— — — (11,866)(12)— (11,878)
BALANCES AT MARCH 28, 202425,237 6,985 162,638 267,524 (1,348)(1,718)459,318 
Cash dividends:
$0.064 per share Class B Common Stock
— — — (447)— — (447)
$0.07 per share Common Stock
— — — (1,763)— — (1,763)
Reissuance of treasury stock— — (7)— — 23 16 
Issuance of non-vested stock— — (326)— — 326 — 
Shared-based compensation— — 2,418 — — — 2,418 
Convertible senior note repurchase— — (2,788)— — — (2,788)
Capped call unwind— — 12,904 — — — 12,904 
Comprehensive loss— — — (20,221)(11)— (20,232)
BALANCES AT JUNE 27, 2024$25,237 $6,985 $174,839 $245,093 $(1,359)$(1,369)$449,426 
Common
Stock		Class B
Common
Stock		Capital
in Excess
of Par		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Treasury
Stock		Shareholders’
Equity
Attributable
to The
Marcus
Corporation		Non-
controlling
Interest		Total
Equity
BALANCES AT DECEMBER 29, 2022$24,498 $7,111 $153,794 $274,254 $(1,694)$(1,866)$456,097 $824 $456,921 
Cash dividends:
$0.045 per share Class B Common Stock
— — — (319)— — (319)— (319)
$0.05 per share Common Stock
— — — (1,229)— — (1,229)— (1,229)
Exercise of stock options— — (1)— — 3 2 — 2 
Purchase of treasury stock— — — — — (313)(313)— (313)
Savings and profit-sharing contribution79 — 1,180 — — — 1,259 — 1,259 
Reissuance of treasury stock— — (3)— — 24 21 — 21 
Issuance of non-vested stock82 — (143)— — 61 — — — 
Shared-based compensation— — 2,172 — — — 2,172 — 2,172 
Other— — 1 (1)— — — — — 
Conversions of Class B Common Stock33 (33)— — — — — — — 
Distribution to noncontrolling interest— — — — — — — (550)(550)
Comprehensive loss— — — (9,466)(91)— (9,557)— (9,557)
BALANCES AT MARCH 30, 202324,692 7,078 157,000 263,239 (1,785)(2,091)448,133 274 448,407 
Cash dividends:
$0.045 per share Class B Common Stock
— — — (319)— — (319)— (319)
$0.05 per share Common Stock
— — — (1,230)— — (1,230)— (1,230)
Exercise of stock options— — (25)— — 121 96 — 96 
Purchase of treasury stock— — — — — (226)(226)— (226)
Reissuance of treasury stock— — (204)— — 223 19 — 19 
Issuance of non-vested stock— — (55)— — 55 — — — 
Shared-based compensation— — 1,515 — — — 1,515 — 1,515 
Other— — — 1 — (1)— — — 
Distribution to noncontrolling interest— — — — — — — (274)(274)
Comprehensive income (loss)— — — 13,466 (12)— 13,454 — 13,454 
BALANCES AT JUNE 29, 2023$24,692 $7,078 $158,231 $275,157 $(1,797)$(1,919)$461,442 $— $461,442 
Schedule of Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive loss presented in the accompanying consolidated balance sheets consists of the following, all presented net of tax:
June 27,
2024		December 28,
2023
Net unrecognized actuarial loss for pension obligation$(1,359)$(1,336)
$(1,359)$(1,336)
Schedule of Defined Benefit Plan The components of the net periodic pension cost of the Company’s unfunded nonqualified, defined-benefit plan are as follows:
13 Weeks Ended26 Weeks Ended
June 27, 2024June 29, 2023June 27, 2024June 29, 2023
Service cost$62 $122 $124 $244 
Interest cost445 452 889 905 
Net amortization of prior service cost and actuarial loss(16)(16)(32)(32)
Net periodic pension cost$491 $558 $981 $1,117 
Schedule of Disaggregation of Revenue The disaggregation of revenues by business segment for the 13 and 26 weeks ended June 27, 2024 is as follows:
13 Weeks Ended June 27, 2024
TheatresHotels/Resorts CorporateTotal
Theatre admissions$48,580 $— $— $48,580 
Rooms— 30,496 — 30,496 
Theatre concessions44,417 — — 44,417 
Food and beverage— 19,272 — 19,272 
Other revenues(1)
8,455 13,996 83 22,534 
Cost reimbursements— 10,733 — 10,733 
Total revenues$101,452 $74,497 $83 $176,032 
26 Weeks Ended June 27, 2024
TheatresHotels/ResortsCorporateTotal
Theatre admissions$89,176 $— $— $89,176 
Rooms— 48,709 — 48,709 
Theatre concessions79,112 — — 79,112 
Food and beverage— 35,435 — 35,435 
Other revenues(1)
14,434 27,639 163 42,236 
Cost reimbursements— 19,911 — 19,911 
Total revenues$182,722 $131,694 $163 $314,579 
(1)Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.
The disaggregation of revenues by business segment for the 13 and 26 weeks ended June 29, 2023 is as follows:
13 Weeks Ended June 29, 2023
TheatresHotels/ResortsCorporateTotal
Theatre admissions$68,987 $— $— $68,987 
Rooms— 28,646 — 28,646 
Theatre concessions59,707 — — 59,707 
Food and beverage— 18,573 — 18,573 
Other revenues(1)
8,156 13,181 91 21,428 
Cost reimbursements— 9,666 — 9,666 
Total revenues$136,850 $70,066 $91 $207,007 
26 Weeks Ended June 29, 2023
TheatresHotels/ResortsCorporateTotal
Theatre admissions$116,622 $— $— $116,622 
Rooms— 46,503 — 46,503 
Theatre concessions102,082 — — 102,082 
Food and beverage— 33,766 — 33,766 
Other revenues(1)
14,522 26,414 180 41,116 
Cost reimbursements— 19,194 — 19,194 
Total revenues$233,226 $125,877 $180 $359,283 
(1)Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.