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General (Tables)
 9 Months Ended
Sep. 26, 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 Ended39 Weeks Ended
September 26, 2024September 28, 2023September 26, 2024September 28, 2023
Net earnings (loss) per share - basic:
Common Stock$0.74 $0.39 $(0.28)$0.52 
Class B Common Stock$0.69 $0.36 $(0.26)$0.48 
Net earnings (loss) per share - diluted:
Common Stock$0.73 $0.32 $(0.28)$0.46 
Class B Common Stock$0.69 $0.31 $(0.26)$0.46 
Numerator:
Net earnings (loss) $23,314 $12,234 $(8,773)$16,234 
Denominator (in thousands):
Denominator for basic EPS31,953 31,691 32,002 31,645 
Effect of dilutive employee stock options17 41 — 48 
Effect of restricted stock units47 — — — 
Effect of convertible senior notes14 9,242 — 9,242 
Diluted weighted-average shares outstanding32,031 40,974 32,002 40,935 
Weighted-average number of anti-dilutive shares excluded from denominator (in thousands):
Employee stock options2,800 2,965 2,809 2,965 
Restricted stock units— — 49 — 
Performance stock units139 — 141 — 
Convertible senior notes— — 14 — 
Total2,939 2,965 3,013 2,965 
Schedule of Stockholders Equity Activity impacting total shareholders’ equity attributable to The Marcus Corporation and noncontrolling interest for the 39 weeks ended September 26, 2024 and September 28, 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, 202425,237 6,985 174,839 245,093 (1,359)(1,369)449,426 
Cash dividends:
$0.064 per share Class B Common Stock
— — — (447)— — (447)
$0.070 per share Common Stock
— — — (1,749)— — (1,749)
Purchase of treasury stock— — — — — (9,667)(9,667)
Reissuance of treasury stock— — 6 — — 16 22 
Issuance of non-vested stock— — (52)— — 52 — 
Shared-based compensation— — 2,225 — — — 2,225 
Convertible senior note repurchase— — (5,472)— — — (5,472)
Capped call unwind— — 4,652 — — — 4,652 
Comprehensive income — — — 23,314 (12)— 23,302 
BALANCES AT SEPTEMBER 26, 2024$25,237 $6,985 $176,198 $266,211 $(1,371)$(10,968)$462,292 
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, 202324,692 7,078 158,231 275,157 (1,797)(1,919)461,442 — 461,442 
Cash dividends:
$0.064 per share Class B Common Stock
— — — (453)— — (453)— (453)
$0.07 per share Common Stock
— — — (1,723)— — (1,723)— (1,723)
Exercise of stock options— — (184)— — 1,171 987 — 987 
Purchase of treasury stock— — — — — (914)(914)— (914)
Reissuance of treasury stock— — (3)— — 27 24 — 24 
Issuance of non-vested stock— — (53)— — 53 — — — 
Shared-based compensation— — 1,313 — — — 1,313 — 1,313 
Comprehensive income — — — 12,234 (12)— 12,222 — 12,222 
BALANCES AT SEPTEMBER 28, 2023$24,692 $7,078 $159,304 $285,215 $(1,809)$(1,582)$472,898 $— $472,898 
Schedule of Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive loss presented in the accompanying consolidated balance sheets consists of the following, all presented net of tax:
September 26,
2024		December 28,
2023
Net unrecognized actuarial loss for pension obligation$(1,371)$(1,336)
$(1,371)$(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 Ended39 Weeks Ended
September 26, 2024September 28, 2023September 26, 2024September 28, 2023
Service cost$62 $122 $186 $366 
Interest cost445 453 1,334 1,358 
Net amortization of prior service cost and actuarial loss(16)(16)(48)(48)
Net periodic pension cost$491 $559 $1,472 $1,676 
Schedule of Disaggregation of Revenue The disaggregation of revenues by business segment for the 13 and 39 weeks ended September 26, 2024 is as follows:
13 Weeks Ended September 26, 2024
TheatresHotels/Resorts CorporateTotal
Theatre admissions$68,980 $— $— $68,980 
Rooms— 40,019 — 40,019 
Theatre concessions62,118 — — 62,118 
Food and beverage— 22,283 — 22,283 
Other revenues(1)
12,090 16,699 87 28,876 
  Revenue before cost reimbursements143,188 79,001 87 222,276 
Cost reimbursements655 9,737 — 10,392 
Total revenues$143,843 $88,738 $87 $232,668 
39 Weeks Ended September 26, 2024
TheatresHotels/ResortsCorporateTotal
Theatre admissions$158,156 $— $— $158,156 
Rooms— 88,728 — 88,728 
Theatre concessions141,230 — — 141,230 
Food and beverage— 57,718 — 57,718 
Other revenues(1)
26,524 44,338 250 71,112 
  Revenue before cost reimbursements325,910 190,784 250 516,944 
Cost reimbursements655 29,648 — 30,303 
Total revenues$326,565 $220,432 $250 $547,247 
(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 39 weeks ended September 28, 2023 is as follows:
13 Weeks Ended September 28, 2023
TheatresHotels/ResortsCorporateTotal
Theatre admissions$63,652 $— $— $63,652 
Rooms— 36,456 — 36,456 
Theatre concessions54,551 — — 54,551 
Food and beverage— 20,214 — 20,214 
Other revenues(1)
8,382 15,443 83 23,908 
  Revenue before cost reimbursements126,585 72,113 83 198,781 
Cost reimbursements— 9,985 — 9,985 
Total revenues$126,585 $82,098 $83 $208,766 
39 Weeks Ended September 28, 2023
TheatresHotels/ResortsCorporateTotal
Theatre admissions$180,274 $— $— $180,274 
Rooms— 82,959 — 82,959 
Theatre concessions156,633 — — 156,633 
Food and beverage— 53,980 — 53,980 
Other revenues(1)
22,904 41,857 263 65,024 
  Revenue before cost reimbursements359,811 178,796 263 538,870 
Cost reimbursements— 29,179 — 29,179 
Total revenues$359,811 $207,975 $263 $568,049 
(1)Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.