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General (Tables)
 9 Months Ended
Sep. 27, 2018
Accounting Policies [Abstract]  
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:
 
 
 
Interest

Rate
Swaps
 
 
Available

for Sale
Investments
 
 
Pension

Obligation
 
 
Accumulated

Other

Comprehensive

Loss
 
 
 
(in thousands)
 
Balance at December 28, 2017
 
$
–
 
 
$
(11
)
 
$
(7,414
)
 
$
(7,425
)
Amount reclassified to retained earnings on December 29, 2017 in connection with the adoption of ASU No. 2016-01
 
 
–
 
 
 
11
 
 
 
–
 
 
 
11
 
Balance at December 29, 2017
 
 
–
 
 
 
–
 
 
 
(7,414
)
 
 
(7,414
)
Amortization of the net actuarial loss and prior service credit
 
 
–
 
 
 
–
 
 
 
340
 
 
 
340
 
Other comprehensive income before reclassifications
 
 
191
 
 
 
–
 
 
 
–
 
 
 
191
 
Amounts reclassified from accumulated other comprehensive loss
 
 
134
(1)
 
 
–
 
 
 
–
 
 
 
134
 
Other comprehensive income
 
 
325
 
 
 
–
 
 
 
340
 
 
 
665
 
Balance at September 27, 2018
 
$
325
 
 
$
–
 
 
$
(7,074
)
 
$
(6,749
)
 
(1)
Amount is included in interest expense in the consolidated statements of earnings.
 
 
 
Available

for Sale

Investments
 
 
Pension

Obligation
 
 
Accumulated

Other

Comprehensive

Loss
 
 
 
(in thousands)
 
Balance at December 29, 2016
 
$
3
 
 
$
(5,069
)
 
$
(5,066
)
Change in unrealized gain on available for sale investments
 
 
(14
)
 
 
–
 
 
 
(14
)
Amortization of net actuarial loss and prior service credit
 
 
–
 
 
 
161
 
 
 
161
 
Net other comprehensive income (loss)
 
 
(14
)
 
 
161
 
 
 
147
 
Balance at September 28, 2017
 
$
(11
)
 
$
(4,908
)
 
$
(4,919
)
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 for net earnings and provides a reconciliation of the number of weighted-average basic and diluted shares outstanding:
 
 
 
13 Weeks
Ended
September  27,
2018
 
 
13 Weeks
Ended
September 28,
2017
 
 
39 Weeks
Ended
September 27,
2018
 
 
39 Weeks
Ended
September 28,
2017
 
 
 
(in thousands, except per share data)
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings attributable to
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Marcus Corporation
 
$
16,231
 
 
$
10,978
 
 
$
44,671
 
 
$
30,555
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic EPS
 
 
28,180
 
 
 
27,825
 
 
 
28,028
 
 
 
27,773
 
Effect of dilutive employee stock options
 
 
638
 
 
 
525
 
 
 
606
 
 
 
637
 
Denominator for diluted EPS
 
 
28,818
 
 
 
28,350
 
 
 
28,634
 
 
 
28,410
 
Net earnings per share - basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common Stock
 
$
0.60
 
 
$
0.41
 
 
$
1.65
 
 
$
1.14
 
Class B Common Stock
 
$
0.52
 
 
$
0.36
 
 
$
1.47
 
 
$
1.02
 
Net earnings per share - diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common Stock
 
$
0.56
 
 
$
0.39
 
 
$
1.56
 
 
$
1.08
 
Class B Common Stock
 
$
0.51
 
 
$
0.37
 
 
$
1.44
 
 
$
1.01
 
Components of Shareholders' Equity Activity Attributable to The Marcus Corporation and Noncontrolling Interests Activity impacting total shareholders’ equity attributable to The Marcus Corporation and noncontrolling interests for the 39 weeks ended September 27, 2018 and September 28, 2017 was as follows:
 
 
 
Total
Shareholders’
Equity
Attributable to
The Marcus
Corporation
 
 
Noncontrolling
Interests
 
 
 
(in thousands)
 
Balance at December 28, 2017
 
$
445,024
 
 
$
100
 
Net earnings attributable to The Marcus Corporation
 
 
44,671
 
 
 
–
 
Net earnings attributable to noncontrolling interests
 
 
–
 
 
 
70
 
Distributions to noncontrolling interests
 
 
–
 
 
 
(65
)
Cash dividends
 
 
(12,277
)
 
 
–
 
Exercise of stock options
 
 
6,902
 
 
 
–
 
Savings and profit sharing contribution
 
 
1,130
 
 
 
–
 
Treasury stock transactions, except for stock options
 
 
(2,566
)
 
 
–
 
Share-based compensation
 
 
1,950
 
 
 
–
 
Cumulative effect of adopting ASU No. 2014-09, net of tax
 
 
(2,568
)
 
 
–
 
Other comprehensive income, net of tax
 
 
665
 
 
 
–
 
Balance at September 27, 2018
 
$
482,931
 
 
$
105
 
 
 
 
Total
Shareholders’
Equity
Attributable to
The Marcus
Corporation
 
 
Noncontrolling

Interests
 
 
 
(in thousands)
 
Balance at December 29, 2016
 
$
390,112
 
 
$
1,535
 
Net earnings attributable to The Marcus Corporation
 
 
30,555
 
 
 
–
 
Net loss attributable to noncontrolling interests
 
 
–
 
 
 
(495
)
Cash dividends
 
 
(10,122
)
 
 
–
 
Exercise of stock options
 
 
2,083
 
 
 
–
 
Savings and profit sharing contribution
 
 
1,024
 
 
 
–
 
Treasury stock transactions, except for stock options
 
 
(463
)
 
 
–
 
Share-based compensation
 
 
1,867
 
 
 
–
 
Other comprehensive income, net of tax
 
 
147
 
 
 
–
 
Balance at September 28, 2017
 
$
415,203
 
 
$
1,040
 
Schedule of Net Benefit Costs The components of the net periodic pension cost of the Company’s unfunded nonqualified, defined-benefit plan are as follows:
 
 
 
13 Weeks
Ended
September 27,
2018
 
 
13 Weeks
Ended
September 28,
2017
 
 
39 Weeks
Ended
September 27,
2018
 
 
39 Weeks
Ended
September 28,
2017
 
 
 
(in thousands)
 
Service cost
 
$
231
 
 
$
192
 
 
$
694
 
 
$
574
 
Interest cost
 
 
341
 
 
 
339
 
 
 
1,023
 
 
 
1,017
 
Net amortization of prior service cost and actuarial loss
 
 
156
 
 
 
89
 
 
 
466
 
 
 
267
 
Net periodic pension cost
 
$
728
 
 
$
620
 
 
$
2,183
 
 
$
1,858