XML 55 R45.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidating Financial Information of Guarantors and Issuers Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 25, 2016
Dec. 31, 2015
Sep. 27, 2015
Dec. 31, 2014
Current Assets:        
Cash and cash equivalents $ 187,302 $ 119,557 $ 196,323 $ 131,840
Receivables 51,536 29,494 44,979  
Inventories 31,059 25,029 30,162  
Other current assets 13,809 9,946 14,085  
Total current assets 283,706 184,026 285,549  
Property and equipment (net) 1,526,040 1,514,878 1,515,082  
Investment In Park 0 0 0  
Goodwill 215,460 210,811 214,319 228,291
Other intangibes, net 36,430 35,895 36,249  
Deferred Tax Asset 0 0 0  
Other Assets 21,473 17,410 17,553  
Total Assets 2,083,109 1,963,020 2,068,752  
Current Liabilities:        
Current maturities of long-term debt 1,200 2,475 0  
Accounts payable 32,891 17,122 21,418  
Deferred revenue 65,748 69,514 51,944  
Accrued interest 10,939 9,910 11,898  
Accrued taxes 69,916 41,937 49,735  
Accrued salaries, wages and benefits 42,744 26,916 42,555  
Self-insurance reserves 26,820 23,996 24,402  
Current derivative liability 0 0 3,770  
Other accrued liabilities 12,348 6,801 15,474  
Total current liabilities 262,606 198,671 221,196  
Deferred Tax Liability 137,712 129,763 144,964  
Derivative Liability 30,185 22,918 24,042  
Other Liabilities 12,488 17,983 15,488  
Long-Term Debt:        
Term debt 595,253 598,346 600,262  
Notes 939,418 938,330 937,658  
Total long-term debt 1,534,671 1,536,676 1,537,920  
Total partners' equity 105,447 57,009 125,142  
Total Partners' Equity and Liabilities 2,083,109 1,963,020 2,068,752  
Cedar Fair L.P. (Parent) [Member]        
Current Assets:        
Cash and cash equivalents 0 77,007 132,000 80,000
Receivables (5) 0 478  
Inventories 0 0 0  
Other current assets 275 188 285  
Total current assets 270 77,195 132,763  
Property and equipment (net) 0 0 0  
Investment In Park 820,465 724,592 760,412  
Goodwill 674 674 674  
Other intangibes, net 0 0 0  
Deferred Tax Asset 0 0 0  
Other Assets 0 0 0  
Total Assets 821,409 802,461 893,849  
Current Liabilities:        
Current maturities of long-term debt 0 0    
Accounts payable 399,384 433,621 456,209  
Deferred revenue 0 0 0  
Accrued interest 875 4,602 1,199  
Accrued taxes 3,325 1,066 2,548  
Accrued salaries, wages and benefits 0 0 0  
Self-insurance reserves 0 0 0  
Current derivative liability     2,257  
Other accrued liabilities 2,358 1,355 1,183  
Total current liabilities 405,942 440,644 463,396  
Deferred Tax Liability 0 0 0  
Derivative Liability 18,111 13,396 14,065  
Other Liabilities 0 0 0  
Long-Term Debt:        
Term debt 0 0 0  
Notes 291,909 291,412 291,246  
Total long-term debt 291,909 291,412 291,246  
Total partners' equity 105,447 57,009 125,142  
Total Partners' Equity and Liabilities 821,409 802,461 893,849  
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]        
Current Assets:        
Cash and cash equivalents 0 0 0 382
Receivables 1,387 1,292 139,898  
Inventories 0 121 124  
Other current assets 24,479 1,261 25  
Total current assets 25,866 2,674 140,047  
Property and equipment (net) 876 5,593 5,602  
Investment In Park 963,870 911,910 876,248  
Goodwill 0 0 0  
Other intangibes, net 0 0 0  
Deferred Tax Asset 3,651 14,080 27,659  
Other Assets 1,999 14,414 14,413  
Total Assets 996,262 948,671 1,063,969  
Current Liabilities:        
Current maturities of long-term debt 247 1,008    
Accounts payable 164,335 115,135 155,898  
Deferred revenue 0 85 30  
Accrued interest 597 3,221 2,793  
Accrued taxes 0 0 36,440  
Accrued salaries, wages and benefits 40,588 22,166 31,277  
Self-insurance reserves 12,394 7,437 7,861  
Current derivative liability     1,513  
Other accrued liabilities 3,532 1,531 3,641  
Total current liabilities 221,693 150,583 239,453  
Deferred Tax Liability 0 0 0  
Derivative Liability 12,074 9,522 9,976  
Other Liabilities 1,520 6,705 4,088  
Long-Term Debt:        
Term debt 123,996 244,101 244,938  
Notes 203,025 202,679 202,565  
Total long-term debt 327,021 446,780 447,503  
Total partners' equity 433,954 335,081 362,949  
Total Partners' Equity and Liabilities 996,262 948,671 1,063,969  
Co-Issuer Subsidiary (Cedar Canada) [Member]        
Current Assets:        
Cash and cash equivalents 75,562 39,106 49,512 45,519
Receivables 24,964 27,788 117,605  
Inventories 1,519 1,222 1,496  
Other current assets 680 1,332 747  
Total current assets 102,725 69,448 169,360  
Property and equipment (net) 179,172 176,390 183,842  
Investment In Park 197,538 179,529 178,052  
Goodwill 95,180 90,531 94,040  
Other intangibes, net 13,519 12,832 13,330  
Deferred Tax Asset 0 0 0  
Other Assets 123 210 240  
Total Assets 588,257 528,940 638,864  
Current Liabilities:        
Current maturities of long-term debt 28 57    
Accounts payable 1,342 810 3,062  
Deferred revenue 5,091 4,397 4,582  
Accrued interest 7,784 2,056 7,906  
Accrued taxes 14,109 0 991  
Accrued salaries, wages and benefits 2,156 1,026 2,012  
Self-insurance reserves 1,567 1,400 1,391  
Current derivative liability     0  
Other accrued liabilities 510 167 601  
Total current liabilities 32,587 9,913 20,545  
Deferred Tax Liability 19,497 21,979 49,021  
Derivative Liability 0 0 0  
Other Liabilities 0 0 0  
Long-Term Debt:        
Term debt 13,616 13,691 13,724  
Notes 444,484 444,239 443,847  
Total long-term debt 458,100 457,930 457,571  
Total partners' equity 78,073 39,118 111,727  
Total Partners' Equity and Liabilities 588,257 528,940 638,864  
Guarantor Subsidiaries [Member]        
Current Assets:        
Cash and cash equivalents 111,740 3,444 16,632 5,939
Receivables 585,190 547,361 701,212  
Inventories 29,540 23,686 28,542  
Other current assets 12,800 8,781 13,028  
Total current assets 739,270 583,272 759,414  
Property and equipment (net) 1,345,992 1,332,895 1,325,638  
Investment In Park 347,137 27,862 42,485  
Goodwill 119,606 119,606 119,605  
Other intangibes, net 22,911 23,063 22,919  
Deferred Tax Asset 0 0 0  
Other Assets 19,351 2,786 2,900  
Total Assets 2,594,267 2,089,484 2,272,961  
Current Liabilities:        
Current maturities of long-term debt 925 1,410    
Accounts payable 27,830 14,503 322,284  
Deferred revenue 60,657 65,032 47,332  
Accrued interest 1,683 31 0  
Accrued taxes 76,907 42,487 9,756  
Accrued salaries, wages and benefits 0 3,724 9,266  
Self-insurance reserves 12,859 15,159 15,150  
Current derivative liability     0  
Other accrued liabilities 5,948 3,748 10,049  
Total current liabilities 186,809 146,094 413,837  
Deferred Tax Liability 121,866 121,864 123,602  
Derivative Liability 0 0 1  
Other Liabilities 10,968 11,278 11,400  
Long-Term Debt:        
Term debt 457,641 340,554 341,600  
Notes 0 0 0  
Total long-term debt 457,641 340,554 341,600  
Total partners' equity 1,816,983 1,469,694 1,382,521  
Total Partners' Equity and Liabilities 2,594,267 2,089,484 2,272,961  
Consolidation, Eliminations [Member]        
Current Assets:        
Cash and cash equivalents 0 0 (1,821) $ 0
Receivables (560,000) (546,947) (914,214)  
Inventories 0 0 0  
Other current assets (24,425) (1,616) 0  
Total current assets (584,425) (548,563) (916,035)  
Property and equipment (net) 0 0 0  
Investment In Park (2,329,010) (1,843,893) (1,857,197)  
Goodwill 0 0 0  
Other intangibes, net 0 0 0  
Deferred Tax Asset (3,651) (14,080) (27,659)  
Other Assets 0 0 0  
Total Assets (2,917,086) (2,406,536) (2,800,891)  
Current Liabilities:        
Current maturities of long-term debt 0 0    
Accounts payable (560,000) (546,947) (916,035)  
Deferred revenue 0 0 0  
Accrued interest 0 0 0  
Accrued taxes (24,425) (1,616) 0  
Accrued salaries, wages and benefits 0 0 0  
Self-insurance reserves 0 0  
Current derivative liability     0  
Other accrued liabilities 0 0 0  
Total current liabilities (584,425) (548,563) (916,035)  
Deferred Tax Liability (3,651) (14,080) (27,659)  
Derivative Liability 0 0 0  
Other Liabilities 0 0 0  
Long-Term Debt:        
Term debt 0 0 0  
Notes 0 0 0  
Total long-term debt 0 0 0  
Total partners' equity (2,329,010) (1,843,893) (1,857,197)  
Total Partners' Equity and Liabilities $ (2,917,086) $ (2,406,536) $ (2,800,891)