Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

May 30, 2013

Basis of Presentation and Significant Accounting Policies [Abstract]

Depreciation and amortization of property and equipment

Depreciation and amortization of property and equipment are provided using the straight-line method over the shorter of the following estimated useful lives or any related lease terms:

	Years
Land improvements	15 – 39
Buildings and improvements	25 – 39
Leasehold improvements	3 – 40
Furniture, fixtures and equipment	3 – 20

Schedule of Earnings Per Share, Basic and Diluted

The following table illustrates the computation of Common Stock and Class B Common Stock basic and diluted net earnings per share and provides a reconciliation of the number of weighted-average basic and diluted shares outstanding:

	Year Ended
	May 30, 2013		May 31, 2012		May 26, 2011
	(in thousands, except per share data)
Numerator:
Net earnings attributable to The Marcus Corporation	$	17,506	$	22,734	$	13,558
Denominator:
Denominator for basic EPS		27,846		29,256		29,559
Effect of dilutive employee stock options		19		52		98
Denominator for diluted EPS		27,865		29,308		29,657
Net earnings per share – Basic:
Common Stock	$	0.68	$	0.80	$	0.47
Class B Common Stock	$	0.59	$	0.73	$	0.43
Net earnings per share– Diluted:
Common Stock	$	0.63	$	0.78	$	0.46
Class B Common Stock	$	0.59	$	0.73	$	0.43

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:

	May 30, 2013		May 31, 2012
	(in thousands)
Unrealized loss on available for sale investments	$	(10)	$	(8)
Unrecognized loss on terminated interest rate swap agreement		-		(58)
Unrecognized gain on interest rate swap agreement		18		-
Net unrecognized actuarial loss for pension obligation		(3,836)		(4,073)
	$	(3,828)	$	(4,139)