National CineMedia (NCMI) 10-Q 5 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 30, 2017	May 02, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	NCMI
Entity Registrant Name	National CineMedia, Inc.
Entity Central Index Key	1,377,630
Entity Filer Category	Large Accelerated Filer
Current Fiscal Year End Date	--12-28
Entity Common Stock, Shares Outstanding		62,951,795

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Mar. 30, 2017	Dec. 29, 2016
CURRENT ASSETS:
Cash and cash equivalents		$ 30.2	$ 23
Short-term marketable securities		28.4	26.1
Receivables, net of allowance of $6.6 and $6.3, respectively		92.6	160.5
Prepaid expenses		5.2	3.1
Income tax receivable		2.4	2.4
Current portion of notes receivable - founding members	[1]	4.2	5.6
Other current assets		0.3	0.4
Total current assets		163.3	221.1
NON-CURRENT ASSETS:
Property and equipment, net of accumulated depreciation of $66.8 and $64.1, respectively		29.8	29.6
Intangible assets, net of accumulated amortization of $125.8 and $118.9, respectively		755.1	560.5
Deferred tax assets		165.5	209.1
Long-term notes receivable, net of current portion - founding members	[1]	8.3	8.3
Other investments		5.3	6.6
Long-term marketable securities		22.3	19.6
Debt issuance costs, net		1.7	1.9
Other assets		0.6	0.7
Total non-current assets		988.6	836.3
TOTAL ASSETS		1,151.9	1,057.4
CURRENT LIABILITIES:
Amounts due to founding members		7.9	42.7
Payable to founding members under tax receivable agreement	[2]	20.3	18.4
Accrued expenses		17.8	19.6
Accrued payroll and related expenses		5.5	12.2
Accounts payable		11.6	17.4
Deferred revenue		7.3	10.3
Total current liabilities		70.4	120.6
NON-CURRENT LIABILITIES:
Long-term debt, net of debt issuance costs of $10.2 and $10.7, respectively		939.8	924.3
Deferred tax liability		58.3	48.3
Income tax payable		2.1	2
Payable to founding members under tax receivable agreement	[2]	135.4	143.4
Total non-current liabilities		1,135.6	1,118
Total liabilities		1,206	1,238.6
COMMITMENTS AND CONTINGENCIES (NOTE 7)
EQUITY/(DEFICIT):
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding, respectively
Common stock, $0.01 par value; 175,000,000 shares authorized, 60,595,401 and 59,874,412 issued and outstanding, respectively		0.6	0.6
Additional paid in capital/(deficit)		(195)	(207.7)
Retained earnings (distributions in excess of earnings)		(234)	(215.6)
Total NCM, Inc. stockholders’ equity/(deficit)		(428.4)	(422.7)
Noncontrolling interests		374.3	241.5
Total equity/(deficit)		(54.1)	(181.2)
TOTAL LIABILITIES AND EQUITY/DEFICIT		$ 1,151.9	$ 1,057.4
[1]	Refer to the discussion of notes receivable from the founding members above.
[2]	The Company paid the founding members $23.5 million in the first quarter of 2016, of which $2.7 million was net operating loss carrybacks for the 2013 year and $20.8 million was for the 2015 tax year.

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (PARENTHETICAL) - USD ($) $ in Millions	Mar. 30, 2017	Dec. 29, 2016
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 6.6	$ 6.3
Accumulated depreciation, property and equipment	66.8	64.1
Accumulated amortization, intangible assets	125.8	118.9
Debt issuance costs, long-term	$ 10.2	$ 10.7
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	175,000,000	175,000,000
Common stock, shares issued	60,595,401	59,874,412
Common stock, shares outstanding	60,595,401	59,874,412

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF LOSS (UNAUDITED) - USD ($) $ in Millions		3 Months Ended
		Mar. 30, 2017	Mar. 31, 2016
Income Statement [Abstract]
REVENUE (including revenue from founding members of $8.4 and $7.3, respectively)		$ 71.9	$ 76.2
OPERATING EXPENSES:
Advertising operating costs		5	5
Network costs		4.2	4.5
Theater access fees—founding members	[1]	20.6	18.7
Selling and marketing costs		18.1	18.6
Administrative and other costs		9.3	14.9
Depreciation and amortization		9.6	8.7
Total		66.8	70.4
OPERATING INCOME		5.1	5.8
NON-OPERATING EXPENSES:
Interest on borrowings		13.2	13.4
Interest income		(0.4)	(0.6)
Accretion of interest on the discounted payable to founding members under tax receivable agreement		3.4	3.6
Other non-operating income		(0.1)
Total		16.1	16.4
LOSS BEFORE INCOME TAXES		(11)	(10.6)
Income tax benefit		(1.5)	(2.1)
CONSOLIDATED NET LOSS		(9.5)	(8.5)
Less: Net loss attributable to noncontrolling interests		(4.5)	(4.2)
NET LOSS ATTRIBUTABLE TO NCM, INC.		$ (5)	$ (4.3)
NET LOSS PER NCM, INC. COMMON SHARE:
Basic		$ (0.08)	$ (0.07)
Diluted		$ (0.08)	$ (0.07)
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic		60,309,087	59,610,864
Diluted		60,309,087	59,610,864
Dividends declared per common share		$ 0.22	$ 0.22
[1]	Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company’s network, including payments for access to higher quality digital cinema equipment.

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF LOSS (PARENTHETICAL) (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016
Income Statement [Abstract]
Revenue from founding members	$ 8.4	$ 7.3

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net loss	$ (9.5)	$ (8.5)
Adjustments to reconcile consolidated net loss to net cash provided by operating activities:
Deferred income tax expense	(1.7)	10.3
Depreciation and amortization	9.6	8.7
Non-cash share-based compensation	2.7	6.6
Accretion of interest on the discounted payable to founding members under tax receivable agreement	3.4	3.6
Impairment on investment	1.4
Amortization of debt issuance costs	0.7	0.7
Other	(0.1)	(0.2)
Changes in operating assets and liabilities:
Receivables, net	67.9	49.7
Accounts payable and accrued expenses	(12.2)	(9.3)
Amounts due to founding members	(0.4)	(0.1)
Payment to founding members under tax receivable agreement		(23.5)
Deferred revenue	(3)	(0.2)
Income taxes and other	(1.8)	(14.1)
Net cash provided by operating activities	57	23.7
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(2.9)	(3.9)
Purchases of marketable securities	(17)	(17.1)
Proceeds from sale and maturities of marketable securities	12	11.6
Purchases of intangible assets from network affiliates	(0.2)
Proceeds from notes receivable - founding members	1.4
Net cash used in investing activities	(6.7)	(9.4)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of dividends	(15.3)	(15)
Proceeds from borrowings	50	71
Repayments of borrowings	(35)	(52)
Founding member integration payments	1	0.9
Distributions to founding members	(39.9)	(32.4)
Proceeds from stock option exercises	0.6	0.3
Repurchase of stock for restricted stock tax withholding	(4.5)	(4.6)
Net cash used in financing activities	(43.1)	(31.8)
CHANGE IN CASH AND CASH EQUIVALENTS	7.2	(17.5)
Cash and cash equivalents at beginning of period	23	31.7
Cash and cash equivalents at end of period	30.2	14.2
Supplemental disclosure of non-cash financing and investing activity:
Purchase of an intangible asset with NCM LLC equity	201.8	21.1
Accrued distributions to founding members	5	1.1
Increase (decrease) in dividends not requiring cash in the period	0.1	(1.1)
Increase in cost and equity method investments		1.7
Supplemental disclosure of cash flow information:
Cash paid for interest	9.8	10.7
Cash paid for income taxes, net of refunds	$ 0.3	$ 0.1

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) (UNAUDITED) - USD ($) $ in Millions	Total	Common Stock [Member]	Additional Paid In Capital (Deficit) [Member]	Retained Earnings (Distribution In Excess Of Earnings) [Member]	Noncontrolling Interest [Member]
Balance at Dec. 31, 2015	$ (171.7)	$ 0.6	$ (221.5)	$ (186.1)	$ 235.3
Balance, shares at Dec. 31, 2015		59,239,154
Distributions to founding members	(1.1)				(1.1)
NCM LLC equity issued for purchase of intangible asset	21.1		9.2		11.9
Income tax and other impacts of NCM LLC ownership changes	(1.7)		(2.7)		1
Comprehensive income, net of tax	(8.5)			(4.3)	(4.2)
Share-based compensation issued, value	(4.3)		(4.3)
Share-based compensation issued, shares		581,323
Share-based compensation expense/capitalized	6.8		5.1		1.7
Cash dividends declared	(13.9)			(13.9)
Balance at Mar. 31, 2016	(173.3)	$ 0.6	(214.2)	(204.3)	244.6
Balance, shares at Mar. 31, 2016		59,820,477
Balance at Dec. 29, 2016	$ (181.2)	$ 0.6	(207.7)	(215.6)	241.5
Balance, shares at Dec. 29, 2016	59,874,412	59,874,412
Distributions to founding members	$ (5)				(5)
NCM LLC equity issued for purchase of intangible asset	201.8		78.8		123
Income tax and other impacts of NCM LLC ownership changes	(45.7)		(63.7)		18
Comprehensive income, net of tax	(9.5)			(5)	(4.5)
Share-based compensation issued, value	(3.9)		(3.9)
Share-based compensation issued, shares		720,989
Share-based compensation expense/capitalized	2.8		1.5		1.3
Cash dividends declared	(13.4)			(13.4)
Balance at Mar. 30, 2017	$ (54.1)	$ 0.6	$ (195)	$ (234)	$ 374.3
Balance, shares at Mar. 30, 2017	60,595,401	60,595,401

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) (PARENTHETICAL) (UNAUDITED) - $ / shares	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016
Statement Of Stockholders Equity [Abstract]
Dividends per share	$ 0.22	$ 0.22

The Company

The Company	3 Months Ended
	Mar. 30, 2017
Accounting Policies [Abstract]
The Company	1. THE COMPANY Description of Business National CineMedia, Inc. (“NCM, Inc.”) was incorporated in Delaware as a holding company with the sole purpose of becoming a member and sole manager of National CineMedia, LLC (“NCM LLC”), a limited liability company owned by NCM, Inc., American Multi-Cinema, Inc. and AMC ShowPlace Theatres, Inc., wholly owned subsidiaries of AMC Entertainment, Inc. (“AMC”), Regal Cinemas, Inc. and Regal CineMedia Holdings, LLC, wholly owned subsidiaries of Regal Entertainment Group (“Regal”) and Cinemark Media, Inc. and Cinemark USA, Inc., wholly owned subsidiaries of Cinemark Holdings, Inc. (“Cinemark”). The terms “NCM”, “the Company” or “we” shall, unless the context otherwise requires, be deemed to include the consolidated entity. AMC, Regal and Cinemark and their affiliates are referred to in this document as “founding members”. NCM LLC operates the largest digital in-theater network in North America, allowing NCM LLC to sell advertising under long-term exhibitor services agreements (“ESAs”) with the founding members (approximately 20 years remaining as of March 30, 2017) and certain third-party theater circuits, referred to in this document as “network affiliates” under long-term network affiliate agreements, which have terms from one to twenty years. As of March 30, 2017, NCM LLC had 154,034,513 common membership units outstanding, of which 60,595,401 (39.3%) were owned by NCM, Inc., 37,992,630 (24.7%) were owned by AMC, 27,871,862 (18.1%) were owned by Cinemark and 27,574,620 (17.9%) were owned by Regal. The membership units held by the founding members are exchangeable into NCM, Inc. common stock on a one-for-one basis. Basis of Presentation The Company has prepared the unaudited Condensed Consolidated Financial Statements and related notes of NCM, Inc. in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report. The balance sheet as of December 29, 2016 is derived from the audited financial statements of NCM, Inc. Therefore, the unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s annual report on Form 10-K filed for the fiscal year ended December 29, 2016. In the opinion of management, all adjustments necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made. The Company’s business is seasonal and for this and other reasons operating results for interim periods may not be indicative of the Company’s full year results or future performance. As a result of the various related party agreements discussed in Note 4— Related Party Transactions Estimates —The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include those related to the reserve for uncollectible accounts receivable, share-based compensation and income taxes. Actual results could differ from those estimates. Significant Accounting Policies The Company’s annual financial statements included in its Form 10-K filed for the fiscal year ended December 29, 2016 contain a complete discussion of the Company’s significant accounting policies. Following is additional information related to the Company’s accounting policies. Concentration of Credit Risk and Significant Customers —Bad debts are provided for using the allowance for doubtful accounts method based on historical experience and management’s evaluation of outstanding receivables at the end of the period. Receivables are written off when management determines amounts are uncollectible. Trade accounts receivable are uncollateralized and represent a large number of geographically dispersed debtors. The collectability risk with respect to national and regional advertising is reduced by transacting with founding members or large, national advertising agencies who have strong reputations in the advertising industry and clients with stable financial positions. The Company has smaller contracts with thousands of local clients that are not individually significant. As of March 30, 2017 and December 29, 2016, there were no advertising agency groups or individual customers through which the Company sources national advertising revenue representing more than 10% of the Company’s outstanding gross receivable balance. During the three months ended March 30, 2017 and March 31, 2016, the Company had no customers that accounted for more than 10% of revenue. Share-Based Compensation —The Company has issued stock options and restricted stock to certain employees and restricted stock units to its independent directors. The Company has not granted stock options since 2012. In 2016 and 2017, the restricted stock grants for Company officers vest upon the achievement of Company performance measures and/or service conditions, while non-officer grants vest only upon the achievement of service conditions. Compensation expense of restricted stock that vests upon the achievement of Company performance measures is based on management’s financial projections and the probability of achieving the projections, which require considerable judgment. A cumulative adjustment is recorded to share-based compensation expense in periods that management changes its estimate of the number of shares of restricted stock expected to vest. Ultimately, the Company adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. Dividends are accrued when declared on unvested restricted stock that is expected to vest and are only paid with respect to shares that actually vest. During the three months ended March 30, 2017 and March 31, 2016, 978,359 and 868,605 shares of restricted stock and restricted stock units vested, respectively. During the three months ended March 30, 2017 and March 31, 2016, 58,450 and 22,934 stock options were exercised at a weighted average exercise price of $11.04 and $13.02 per share, respectively. Consolidation —NCM, Inc. consolidates the accounts of NCM LLC under the provisions of ASC 810, Consolidation (“ASC 810”). The following table presents the changes in NCM, Inc.’s equity resulting from net income attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions): Three Months Ended March 30, 2017 March 31, 2016 Net loss attributable to NCM, Inc. $ (5.0 ) $ (4.3 ) NCM LLC equity issued for purchase of intangible asset 78.8 9.2 Income tax and other impacts of subsidiary ownership changes (63.7 ) (2.7 ) Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests $ 10.1 $ 2.2 Recently Adopted Accounting Pronouncements In the first quarter of 2017, the Company adopted Accounting Standards Update 2016-07, Investments- Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting In the first quarter of 2017, the Company adopted Accounting Standards Update 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control Consolidation (Topic 810): Amendments to the Consolidation Analysis Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) In January 2016, the FASB issued Accounting Standards Update 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Statements In August 2016, the FASB issued Accounting Standards Update 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In November 2016, the FASB issued Accounting Standards Update 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its unaudited Condensed Consolidated Financial Statements or notes thereto.

Loss Per Share

Loss Per Share	3 Months Ended
	Mar. 30, 2017
Earnings Per Share [Abstract]
Loss Per Share	2. LOSS PER SHARE Basic loss per share is computed on the basis of the weighted average number of common shares outstanding. Diluted loss per share is computed on the basis of the weighted average number of common shares outstanding plus the effect of potentially dilutive common stock options, restricted stock and restricted stock units using the treasury stock method. The components of basic and diluted loss per NCM, Inc. share are as follows: Three Months Ended March 30, 2017 March 31, 2016 Net loss attributable to NCM, Inc. (in millions) $ (5.0 ) $ (4.3 ) Weighted average shares outstanding: Basic 60,309,087 59,610,864 Add: Dilutive effect of stock options and restricted stock — — Diluted 60,309,087 59,610,864 Loss per NCM, Inc. share: Basic $ (0.08 ) $ (0.07 ) Diluted $ (0.08 ) $ (0.07 )

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	3. INTANGIBLE ASSETS Intangible assets consist of contractual rights to provide the Company’s services within the theaters of the founding members and network affiliates and are stated at cost, net of accumulated amortization. The Company’s intangible assets with its founding members are recorded at the fair market value of NCM, Inc.’s publicly traded stock as of the date on which the common membership units were issued. The NCM LLC common membership units are fully convertible into NCM, Inc.’s common stock. In addition, the Company records intangible assets for up-front fees paid to network affiliates upon commencement of a network affiliate agreement. The Company’s intangible assets have a finite useful life and the Company amortizes the assets over the remaining useful life corresponding with the ESAs or the term of the network affiliate agreement. Common Unit Adjustments —In accordance with NCM LLC’s Common Unit Adjustment Agreement with its founding members, on an annual basis NCM LLC determines the amount of common membership units to be issued to or returned by the founding members based on theater additions or dispositions during the previous year. In addition, NCM LLC’s Common Unit Adjustment Agreement requires that a Common Unit Adjustment occur for a specific founding member if its acquisition or disposition of theaters, in a single transaction or cumulatively since the most recent Common Unit Adjustment, results in an attendance increase or decrease in excess of two percent of the annual total attendance at the prior adjustment date. During the first quarter of 2017, NCM LLC issued 2,351,029 common membership units to its founding members for the rights to exclusive access to the theater screens and attendees added, net of dispositions by the founding members to NCM LLC’s network during the 2016 fiscal year. Also during the first quarter of 2017, NCM, Inc. and NCM LLC entered into a binding Memorandum of Understanding (“MOU”) with AMC to effectuate aspects of a final judgment (the “Final Judgment”) entered into by the Department of Justice (the “DOJ”) in connection with AMC’s acquisition of Carmike Cinemas, Inc. (“Carmike”). Pursuant to the MOU, the Company issued 18,425,423 NCM LLC common membership units to AMC in respect of the annual attendance at such Carmike theaters in accordance with the Common Unit Adjustment Agreement during the first quarter of 2017. Further, the Final Judgment required AMC to transfer advertising rights to 17 theaters from NCM LLC to another advertising provider. Pursuant to the MOU, AMC surrendered 4,657,673 NCM LLC common membership units in respect of such theaters. The 4,657,673 NCM LLC common membership units were comprised of (i) 2,850,453 NCM LLC common membership units pursuant to the adjustment for divested theaters in the Common Unit Adjustment Agreement and (ii) an additional 1,807,220 NCM LLC common membership units valued at $25.0 million . During the first quarter of 2016, NCM LLC issued 1,416,515 common membership units to its founding members for the rights to exclusive access to the theater screens and attendees added, net of dispositions by the founding members to NCM LLC’s network during the 2015 fiscal year and NCM LLC recorded a net intangible asset of $21.1 million during the three months ended March 31, 2016 as a result of the Common Unit Adjustment. Integration Payments —If an existing on-screen advertising agreement with an alternative provider is in place with respect to any acquired theaters, the founding members may elect to receive common membership units related to those encumbered theaters in connection with the Common Unit Adjustment. If the founding members make this election, then they are required to make payments on a quarterly basis in arrears in accordance with certain run-out provisions pursuant to the ESAs (“integration payments”). Because the Carmike theaters are subject to an existing on-screen advertising agreement with an alternative provider, AMC will make integration payments to NCM LLC. The integration payments will continue until the earlier of (i) the date the theaters are transferred to NCM LLC’s network or (ii) the expiration of the ESA. During the three months ended March 30, 2017 and March 31, 2016, the Company recorded a reduction to net intangible assets of $0.4 million and $0.1 million, respectively, related to integration payments due from AMC related to their acquisitions of theaters from Carmike, as well as, Rave Cinemas and from Cinemark related to their acquisition of theaters from Rave Cinemas that are encumbered by an existing on-screen advertising agreement with an alternative provider. These integration payments will be received in the second quarter of 2017. During the three months ended March 30, 2017 and March 31, 2016, AMC and Cinemark paid a total of $1.0 million and $0.9 million, respectively, for their fourth quarter of 2016 integration payments. If common membership units are issued to a founding member for newly acquired theaters that are subject to an existing on-screen advertising agreement with an alternative provider, the amortization of the intangible asset commences after the existing agreement expires and NCM LLC can utilize the theaters for all of its services. Integration payments are calculated based upon the advertising cash flow that the Company would have generated if it had exclusive access to sell advertising in the theaters with pre-existing advertising agreements.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	4. RELATED PARTY TRANSACTIONS Founding Member Transactions —In connection with NCM, Inc.’s initial public offering (“IPO”), the Company entered into several agreements to define and regulate the relationships among NCM, Inc., NCM LLC and the founding members. They include the following: • ESAs. Under the ESAs, NCM LLC is the exclusive provider within the United States of advertising services in the founding members’ theaters (subject to pre-existing contractual obligations and other limited exceptions for the benefit of the founding members). The advertising services include the use of the digital content network (“DCN”) equipment required to deliver the on-screen advertising and other content included in the FirstLook pre-show, use of the lobby entertainment network (“LEN”) and rights to sell and display certain lobby promotions. Further, 30 to 60 seconds of advertising included in the FirstLook pre-show is sold to NCM LLC’s founding members to satisfy the founding members’ on-screen advertising commitments under their beverage concessionaire agreements. In consideration for access to the founding members’ theaters, theater patrons, the network equipment required to display on-screen and LEN video advertising and the use of theaters for lobby promotions, the founding members receive a monthly theater access fee. • Common Unit Adjustment Agreement. The common unit adjustment agreement provides a mechanism for increasing or decreasing the membership units held by the founding members based on the acquisition or construction of new theaters or sale or closure of theaters that are operated by each founding member and included in NCM LLC’s network. • Tax Receivable Agreement. The tax receivable agreement provides for the effective payment by NCM, Inc. to the founding members of 90% of the amount of cash savings, if any, in U.S. federal, state and local income tax or franchise tax that is actually realized as a result of certain increases in NCM, Inc.’s proportionate share of tax basis in NCM LLC’s tangible and intangible assets resulting from the IPO and related transactions. • Software License Agreement. At the date of the Company’s IPO, NCM LLC was granted a perpetual, royalty-free license from NCM LLC’s founding members to use certain proprietary software that existed at the time for the delivery of digital advertising and other content through the DCN to screens in the U.S. NCM LLC has made improvements to this software since the IPO date and NCM LLC owns those improvements, except for improvements that were developed jointly by NCM LLC and NCM LLC’s founding members, if any. The following tables provide summaries of the transactions between the Company and the founding members (in millions): Three Months Ended Included in the Condensed Consolidated Statements of Income: March 30, 2017 March 31, 2016 Revenue: Beverage concessionaire revenue (included in advertising revenue) (1) $ 8.4 $ 7.2 Advertising inventory revenue (included in advertising revenue) (2) — 0.1 Operating expenses: Theater access fee (3) 20.6 18.7 Purchase of movie tickets and concession products and rental of theatre space (included in selling and marketing costs) (4) 0.5 0.3 Non-operating expenses: Interest income from notes receivable (included in interest income) (5) 0.2 0.2 (1) For the three months ended March 30, 2017 and March 31, 2016, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds (with all three founding members having a right to purchase up to 90 seconds) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a 30 second equivalent cost per thousand (“CPM”) rate specified by the ESA. (2) The value of such purchases is calculated by reference to NCM LLC’s advertising rate card. (3) Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company’s network, including payments for access to higher quality digital cinema equipment. (4) Used primarily for marketing to NCM LLC’s advertising clients. (5) On December 26, 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (AC JV, LLC) owned 32% by each of the founding members and 4% by NCM LLC. In consideration for the sale, NCM LLC received a total of $25.0 million in promissory notes from its founding members (one-third or approximately $8.3 million from each founding member). The notes bear interest at a fixed rate of 5.0% per annum, compounded annually. Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing. As of Included in the Condensed Consolidated Balance Sheets: March 30, 2017 December 29, 2016 Purchase of movie tickets and concession products (included in prepaid expenses) 0.3 — Current portion of notes receivable - founding members (1) 4.2 5.6 Long-term portion of notes receivable - founding members (1) 8.3 8.3 Interest receivable on notes receivable (included in other current assets) (1) 0.2 0.3 Common unit adjustments, net of amortization and integration payments (included in intangible assets) (2) 725.0 529.9 Current payable to founding members under tax receivable agreement (3) 20.3 18.4 Long-term payable to founding members under tax receivable agreement (3) 135.4 143.4 (1) Refer to the discussion of notes receivable from the founding members above. (2) Refer to Note 3— for further information on common unit adjustments and integration payments. (3) The Company paid the founding members $23.5 million in the first quarter of 2016, of which $2.7 million was net operating loss carrybacks for the 2013 year and $20.8 million was for the 2015 tax year. The payment for 2017 will occur in the second quarter of 2017. Pursuant to the terms of the NCM LLC Operating Agreement in place since the completion of the Company’s IPO, NCM LLC is required to make mandatory distributions on a proportionate basis to its members of available cash, as defined in the NCM LLC Operating Agreement, on a quarterly basis in arrears. Mandatory distributions of available cash for the three months ended March 30, 2017 and March 31, 2016 were as follows (in millions): Three Months Ended March 30, 2017 March 31, 2016 AMC $ 2.0 $ 0.3 Cinemark 1.5 0.4 Regal 1.5 0.4 Total founding members 5.0 1.1 NCM, Inc. 3.2 0.9 Total $ 8.2 $ 2.0 The mandatory distributions of available cash by NCM LLC to its founding members for the three months ended March 30, 2017 of $5.0 million is included in amounts due to founding members on the unaudited Condensed Consolidated Balance Sheets as of March 30, 2017 and will be made in the second quarter of 2017. The distributions to NCM, Inc. are eliminated in consolidation. Amounts due to founding members as of March 30, 2017 were comprised of the following (in millions): AMC Cinemark Regal Total Theatre access fees, net of beverage revenues $ 1.7 $ 1.0 $ 1.5 $ 4.2 Cost and other reimbursement (1.2 ) (0.1 ) — (1.3 ) Distributions payable to founding members 2.0 1.5 1.5 5.0 Total amounts due to founding members $ 2.5 $ 2.4 $ 3.0 $ 7.9 Amounts due to founding members as of December 29, 2016 were comprised of the following (in millions): AMC Cinemark Regal Total Theatre access fees, net of beverage revenues $ 1.6 $ 0.9 $ 1.4 $ 3.9 Cost and other reimbursement (0.7 ) (0.4 ) — (1.1 ) Distributions payable to founding members 12.3 13.6 14.0 39.9 Total amounts due to founding members $ 13.2 $ 14.1 $ 15.4 $ 42.7 Common Unit Membership Redemption — The NCM LLC Operating Agreement provides a redemption right of the founding members to exchange common membership units of NCM LLC for shares of the Company’s common stock on a one-for-one basis, or at the Company’s option, a cash payment equal to the market price of one share of NCM, Inc. common stock. During the fourth quarter of 2015, AMC exercised the redemption right of an aggregate 200,000 common membership units for a like number of shares of NCM, Inc.’s common stock. These shares remained outstanding as of March 30, 2017. Memorandum of Understanding with AMC — Pursuant to the Final Judgment, AMC is required to divest the majority of its equity interests in NCM LLC and NCM, Inc., so that by June 20, 2019 it owns no more than 4.99% of NCM LLC’s common membership units and NCM, Inc. common stock, taken together, on a fully converted basis (“NCM’s outstanding equity interests”). AMC must complete the divestiture per the following schedule: (i) on or before December 20, 2017, AMC must own no more than 15.0% of NCM’s outstanding equity interests, (ii) on or before December 20, 2018, AMC must own no more than 7.5% of NCM’s outstanding equity interests and (iii) on or before June 20, 2019, AMC must own no more than 4.99% of NCM’s outstanding equity interests. Pursuant to the MOU, AMC also has agreed, among other things, subject to limited exceptions to retain at least 4.5% of NCM’s outstanding equity interests during the term of the Final Judgment, subject to certain exceptions which allow for certain sell downs after the 30-month anniversary of the MOU. AMC also agreed to reimburse the Company for its incurred and ongoing costs and expenses in connection with the Final Judgment including, but not limited to, its financial advisor and legal fees up to $1.0 million of such costs and expenses. During the three months ended March 30, 2017, the Company incurred $0.8 million of these costs, which were recorded as a reduction to “Amounts due to founding members” within the Condensed Consolidated Balance Sheets. AC JV, LLC Transactions —In December 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company, AC JV, LLC, owned 32% by each of the founding members and 4% by NCM LLC. The Company accounts for its investment in AC JV, LLC under the equity method of accounting in accordance with ASC 323-30, Investments—Equity Method and Joint Ventures (“ASC 323-30”) because AC JV, LLC is a limited liability company with the characteristics of a limited partnership and ASC 323-30 requires the use of equity method accounting unless the Company’s interest is so minor that it would have virtually no influence over partnership operating and financial policies. Although NCM LLC does not have a representative on AC JV, LLC’s Board of Directors or any voting, consent or blocking rights with respect to the governance or operations of AC JV, LLC, the Company concluded that its interest was more than minor under the accounting guidance. The Company’s investment in AC JV, LLC was $1.1 million and $1.0 million as of March 30, 2017 and December 29, 2016, respectively. Related Party Affiliates —NCM LLC has an agreement with LA Live, an affiliate of The Anschutz Corporation to provide in-theater advertising. The Anschutz Corporation is a wholly-owned subsidiary of the Anschutz Company, which is the controlling stockholder of Regal. During the three months ended March 30, 2017 and March 31, 2016, there was an inconsequential amount included in advertising operating costs related to LA Live, and there was approximately $0.1 million and $0.1 million of accounts payable with this company as of March 30, 2017 and December 29, 2016, respectively. Other Transactions —NCM LLC has an agreement with AEG Live, an affiliate of The Anschutz Corporation, for AEG Live to showcase musical artists in NCM LLC’s FirstLook pre-show. During the three months ended March 30, 2017 and March 31, 2016, NCM LLC recorded approximately $0.3 million and $0.4 million, respectively, in revenue from AEG Live. As of March 30, 2017 and December 29, 2016, NCM LLC had approximately $0.3 million and $0.2 million, respectively, of accounts receivable from AEG Live.

Borrowings

Borrowings	3 Months Ended
	Mar. 30, 2017
Debt Disclosure [Abstract]
Borrowings	5. BORROWINGS The following table summarizes NCM LLC’s total outstanding debt as of March 30, 2017 and December 29, 2016 and the significant terms of its borrowing arrangements (in millions): Outstanding Borrowings March 30, 2017 December 29, 2016 Maturity Date Interest Rate Revolving credit facility $ 30.0 $ 15.0 November (1) Term loans 270.0 270.0 November (1) Senior secured notes due 2022 400.0 400.0 April 6.000% Senior unsecured notes due 2026 250.0 250.0 August 15, 2026 5.750% Total borrowings $ 950.0 $ 935.0 Less: debt issuance costs related to term loans and senior notes (10.2 ) (10.7 ) Carrying value of long-term debt $ 939.8 $ 924.3 (1) The interest rates on the revolving credit facility and term loans are described below. Senior Secured Credit Facility —As of March 30, 2017, NCM LLC’s senior secured credit facility consisted of a $175.0 million revolving credit facility and a $270.0 million term loan. On May 26, 2016, NCM LLC entered into an incremental amendment of its senior secured credit facility whereby the revolving credit facility was increased by $40.0 million from $135.0 million to $175.0 million. Revolving Credit Facility —The revolving credit facility portion of NCM LLC’s total borrowings is available, subject to certain conditions, for general corporate purposes of NCM LLC in the ordinary course of business and for other transactions permitted under the senior secured credit facility, and a portion is available for letters of credit. As of March 30, 2017, NCM LLC’s total availability under the $175.0 million revolving credit facility was $143.8 million, net of a $1.2 million letter of credit. The unused line fee is 0.50% per annum. Borrowings under the revolving credit facility bear interest at NCM LLC’s option of either the LIBOR index plus an applicable margin or the base rate (Prime Rate or the Federal Funds Effective Rate, as defined in the senior secured credit facility) plus an applicable margin. The applicable margin for the revolving credit facility is determined quarterly and is subject to adjustment based upon a consolidated net senior secured leverage ratio for NCM LLC (the ratio of secured funded debt less unrestricted cash and cash equivalents, over a non-GAAP measure defined in the senior secured credit facility). The weighted-average interest rate on the outstanding balance on the revolving credit facility as of March 30, 2017 was 2.95%. Term Loans —The interest rate on the term loans is a rate chosen at NCM LLC’s option of either the LIBOR index plus 2.75% or the base rate (Prime Rate or the Federal Funds Effective Rate, as defined in the senior secured credit facility) plus 1.75%. The weighted-average interest rate on the term loans as of March 30, 2017 was 3.54%. Interest on the term loans is currently paid monthly. The senior secured credit facility contains a number of covenants and financial ratio requirements, with which NCM LLC was in compliance as of March 30, 2017, including maintaining a consolidated net senior secured leverage ratio of equal to or less than 6.5 times on a quarterly basis. In addition, there are no borrower distribution restrictions as long as NCM LLC’s consolidated net senior secured leverage ratio is below 6.5 times and NCM LLC is in compliance with its debt covenants. As of March 30, 2017, NCM LLC’s consolidated net senior secured leverage ratio was 3.1 times (versus the covenant of 6.5 times). Senior Secured Notes due 2022 —On April 27, 2012, NCM LLC completed a private placement of $400.0 million in aggregate principal amount of 6.000% Senior Secured Notes (the “Notes due 2022”) for which the registered exchange offering was completed on November 26, 2012. The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced on October 15, 2012. The Notes due 2022 are senior secured obligations of NCM LLC, rank the same as NCM LLC’s senior secured credit facility, subject to certain exceptions, and share in the same collateral that secures NCM LLC’s obligations under the senior secured credit facility. The Notes due 2022 contain certain non-maintenance covenants with which NCM LLC was in compliance as of March 30, 2017. Senior Unsecured Notes due 2026 —On August 19, 2016, NCM LLC completed a private placement of $250.0 million in aggregate principal amount of 5.750% Senior Unsecured Notes (the “Notes due 2026”). The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, which commenced on February 15, 2017. The Notes due 2026 were issued at 100% of the face amount thereof and are the senior unsecured obligations of NCM LLC and will be effectively subordinated to all existing and future secured debt, including the Notes due 2022, its senior secured credit facility and any future asset backed loan facility. The Notes due 2026 will rank equally in right of payment with all of NCM LLC’s existing and future senior indebtedness, including the Notes due 2022, NCM LLC’s existing senior secured credit facility, any future asset backed loan facility, in each case, without giving effect to collateral arrangements. The Notes due 2026 will be effectively subordinated to all liabilities of any subsidiaries that NCM LLC may form or acquire in the future, unless those subsidiaries become guarantors of the Notes due 2026. NCM LLC does not currently have any subsidiaries, and the Notes due 2026 will not be guaranteed by any subsidiaries that NCM LLC may form or acquire in the future except in very limited circumstances. The Notes due 2026 contain certain non-maintenance covenants with which NCM LLC was in compliance as of March 30, 2017.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	6. INCOME TAXES The Company is subject to taxation in the U.S. and various states. The Company has established a contingency reserve for material, known tax exposures. The Company’s reserve reflects management’s judgment as to the resolution of the issues involved if subject to judicial review or other settlement. While the Company believes its reserves are adequate to cover reasonably expected tax risks, there can be no assurance that, in all instances, an issue raised by a tax authority will be resolved at a financial cost that does not exceed its related reserve. With respect to the reserve, the Company’ income tax expense would include (i) any changes in tax reserves arising from material changes during the period in the facts and circumstances (i.e., new information) surrounding a tax issue and (ii) any difference from the Company’s tax position as recorded in the financial statements and the final resolution of a tax issue during the period. Such resolution could materially increase or decrease income tax expense in the unaudited Condensed Consolidated Financial Statements in future periods and could impact operating cash flows. Unrecognized tax benefits represent the aggregate tax effect of differences between tax return positions and the amounts otherwise recognized in the unaudited Condensed Consolidated Financial Statements. The total amount of unrecognized tax benefits as of March 30, 2017 and December 29, 2016, was $1.6 million and $1.6 million, respectively, excluding accrued interest and penalties, which if recognized would affect the effective tax rate. The Company recognizes interest and penalties with respect to unrecognized tax benefits in income tax expense in the unaudited Condensed Consolidated Statements of Income and records the liability in income taxes payable in the unaudited Condensed Consolidated Balance Sheets. The Company recognized $0.0 million and $0.1 million interest and penalties during the three months ended March 30, 2017 and March 31, 2016, respectively. During the three months ended March 30, 2017, the Company recorded a reduction to its deferred tax assets of approximately $35.0 million related to the tax effective difference between the tax basis and book basis of the intangible assets recorded for the extraordinary Common Unit Adjustment, as discussed further in Note 3 – Intangible Assets

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	7. COMMITMENTS AND CONTINGENCIES Legal Actions —The Company is subject to claims and legal actions in the ordinary course of business. The Company believes such claims will not have a material effect individually and in the aggregate on its financial position, results of operations or cash flows. Minimum Revenue Guarantees ―As part of the network affiliate agreements entered into in the ordinary course of business under which the Company sells advertising for display in various network affiliate theater chains, the Company has agreed to certain minimum revenue guarantees on a per attendee basis. If a network affiliate achieves the attendance set forth in their respective agreement, the Company has guaranteed minimum revenue for the network affiliate per attendee if such amount paid under the revenue share arrangement is less than its guaranteed amount. The amount and term varies for each network affiliate, but terms range from one to twenty years, prior to any renewal periods of which some are at the option of the Company. As of March 30, 2017, the maximum potential amount of future payments the Company could be required to make pursuant to the minimum revenue guarantees is $60.3 million over the remaining terms of the network affiliate agreements, which calculation does not include any potential future extensions. As of March 30, 2017 and December 29, 2016, the Company had no liabilities recorded for these obligations, as such guarantees are less than the expected share of revenue paid to the network affiliate. Theater Access Fee Guarantees —In consideration for NCM LLC’s access to the founding members’ theater attendees for on-screen advertising and use of lobbies and other space within the founding members’ theaters for the LEN and lobby promotions, the founding members receive a monthly theater access fee under the ESAs. The theater access fee is composed of a fixed payment per patron, a fixed payment per digital screen (connected to the DCN) and a fee for access to higher quality digital cinema equipment. The payment per theater patron increases by 8% every five years, with this increase occurring for fiscal year 2017, and the payment per digital screen and for digital cinema equipment increases annually by 5%. The theater access fee paid in the aggregate to all founding members cannot be less than 12% of NCM LLC’s aggregate advertising revenue (as defined in the ESA), or it will be adjusted upward to reach this minimum payment. As of March 30, 2017 and December 29, 2016, the Company had no liabilities recorded for the minimum payment, as the theater access fee was in excess of the minimum.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	8. FAIR VALUE MEASUREMENTS Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement: Level 1 —Quoted prices in active markets for identical assets or liabilities. Level 2 —Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 —Inputs that are generally unobservable and typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability. Non-Recurring Measurements —Certain assets are measured at fair value on a non-recurring basis. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances. These assets include long-lived assets, intangible assets, cost and equity method investments, notes receivable and borrowings. Long-Lived Assets, Intangible Assets, Other Investments and Notes Receivable —The Company regularly reviews long-lived assets (primarily property, plant and equipment), intangible assets, investments accounted for under the cost or equity method and notes receivable for impairment whenever events or changes in circumstances indicate that the carrying amounts of the assets may not be fully recoverable. When the estimated fair value is determined to be lower than the carrying value of the asset, an impairment charge is recorded to write the asset down to its estimated fair value. Other investments consisted of the following (in millions): As of March 30, 2017 December 29, 2016 Investment in AC JV, LLC (1) $ 1.1 $ 1.0 Other investments (2) 4.2 5.6 Total $ 5.3 $ 6.6 (1) Refer to Note 4— . (2) The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities were accounted for under the cost method and represent an ownership of less than 20%. The Company does not exert significant influence on these companies’ operating or financial activities. During the three months ended March 30, 2017, the Company recorded an other -than-temporary impairment charge of $1.4 million on one of its investments due to a significant deterioration in the business prospects of the investee during the three months ended March 30, 2017, which brought the investment to a remaining value of $0.0 million. The fair value of the other investments has not been estimated as of March 30, 2017 and December 29, 2016 as there were no identified events or changes in the circumstances that had a significant adverse effect on the fair value of those investments and it is not practicable to do so because the equity securities are not in publicly traded companies. As the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs, they have been classified as Level 3 in the fair value hierarchy. As of March 30, 2017 and December 29, 2016, the Company had notes receivable totaling $12.5 million and $13.9 million, respectively, from its founding members related to the sale of Fathom Events, as described in Note 4— Related Party Transactions Borrowings —The carrying amount of the revolving credit facility is considered a reasonable estimate of fair value due to its floating-rate terms. The estimated fair values of the Company’s financial instruments where carrying values do not approximate fair value were as follows (in millions): As of March 30, 2017 As of December 29, 2016 Carrying Value Fair Value (1) Carrying Value Fair Value (1) Term loans $ 270.0 $ 272.5 $ 270.0 $ 272.7 Notes due 2022 400.0 412.0 400.0 414.5 Notes due 2026 250.0 253.8 250.0 256.7 (1) The Company has estimated the fair value on an average of at least two non-binding broker quotes and the Company’s analysis. If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2. Recurring Measurements —The fair values of the Company’s assets and liabilities measured on a recurring basis pursuant to ASC 820-10, Fair Value Measurements and Disclosures are as follows (in millions): Fair Value Measurements at Reporting Date Using Fair Value as March 30, 2017 Quoted (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) ASSETS: Cash equivalents (1) $ 0.4 $ 0.4 $ — $ — Short-term marketable securities (2) 28.4 8.6 19.8 — Long-term marketable securities (2) 22.3 20.0 2.3 — Total assets $ 51.1 $ 29.0 $ 22.1 $ — Fair Value Measurements at Reporting Date Using Fair Value as December 29, 2016 Quoted (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) ASSETS: Cash equivalents (1) $ 5.3 $ 0.3 $ 5.0 $ — Short-term marketable securities (2) 26.1 5.2 20.9 — Long-term marketable securities (2) 19.6 17.3 2.3 — Total assets $ 51.0 $ 22.8 $ 28.2 $ — (1) —The Company’s cash equivalents are carried at estimated fair value. Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below. (2) —The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company’s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company’s government agency bonds is derived from quoted market information. The inputs in the valuation are generally classified as Level 1 given the active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the three months ended March 30, 2017 and March 31, 2016, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income. Original cost of short-term marketable securities is based on the specific identification method. As of March 30, 2017 and December 29, 2016, there were no gross unrealized losses related to individual securities that had been in a continuous loss position for 12 months or longer. The amortized cost basis, aggregate fair value and maturities of the marketable securities the Company held as of March 30, 2017 and December 29, 2016 were as follows: As of March 30, 2017 Amortized Basis (in Aggregate Value (in Maturities (1) (in MARKETABLE SECURITIES: Short-term U.S. government treasury bonds $ 1.2 $ 1.2 0.6 Short-term municipal bonds 6.4 6.4 0.6 Short-term U.S. government agency bonds 1.0 1.0 0.3 Short-term commercial paper: Financial 6.5 6.5 0.3 Industrial 6.4 6.4 0.3 Short-term certificates of deposit 6.9 6.9 0.4 Total short-term marketable securities 28.4 28.4 Long-term municipal bonds 2.5 2.5 2.5 Long-term U.S. government agency bonds 17.7 17.5 3.3 Long-term certificates of deposit: Financial 2.2 2.3 2.4 Total long-term marketable securities 22.4 22.3 Total marketable securities $ 50.8 $ 50.7 As of December 29, 2016 Amortized Basis (in Aggregate Value (in Maturities (1) (in MARKETABLE SECURITIES: Short-term U.S. government treasury bonds $ 1.2 $ 1.2 0.8 Short-term municipal bonds 2.9 2.9 0.6 Short-term U.S. government agency bonds 1.0 1.0 0.5 Short-term commercial paper 13.0 13.0 0.1 Short-term certificates of deposit: Financial 7.7 7.7 0.6 Industrial 0.3 0.3 0.9 Total short-term marketable securities 26.1 26.1 Long-term municipal bonds 1.9 1.8 2.7 Long-term U.S. government agency bonds 15.6 15.5 3.5 Long-term certificates of deposit 2.2 2.3 2.6 Total long-term marketable securities 19.7 19.6 Total marketable securities $ 45.8 $ 45.7 (1) —Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within 30 days.

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 30, 2017
Subsequent Events [Abstract]
Subsequent Event	9. SUBSEQUENT EVENT On April 28, 2017, the Company declared a cash dividend of $0.22 per share (approximately $13.3 million) on each share of the Company’s common stock (not including outstanding restricted stock which will accrue dividends until the shares vest) to stockholders of record on May 18, 2017 to be paid on June 1, 2017.

The Company (Policies)

The Company (Policies)	3 Months Ended
	Mar. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company has prepared the unaudited Condensed Consolidated Financial Statements and related notes of NCM, Inc. in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnote disclosures typically included in an annual report have been condensed or omitted for this quarterly report. The balance sheet as of December 29, 2016 is derived from the audited financial statements of NCM, Inc. Therefore, the unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s annual report on Form 10-K filed for the fiscal year ended December 29, 2016. In the opinion of management, all adjustments necessary to present fairly in all material respects the financial position, results of operations and cash flows for all periods presented have been made. The Company’s business is seasonal and for this and other reasons operating results for interim periods may not be indicative of the Company’s full year results or future performance. As a result of the various related party agreements discussed in Note 4— Related Party Transactions
Estimates	Estimates —The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include those related to the reserve for uncollectible accounts receivable, share-based compensation and income taxes. Actual results could differ from those estimates.
Concentration of Credit Risk and Significant Customers	Concentration of Credit Risk and Significant Customers —Bad debts are provided for using the allowance for doubtful accounts method based on historical experience and management’s evaluation of outstanding receivables at the end of the period. Receivables are written off when management determines amounts are uncollectible. Trade accounts receivable are uncollateralized and represent a large number of geographically dispersed debtors. The collectability risk with respect to national and regional advertising is reduced by transacting with founding members or large, national advertising agencies who have strong reputations in the advertising industry and clients with stable financial positions. The Company has smaller contracts with thousands of local clients that are not individually significant. As of March 30, 2017 and December 29, 2016, there were no advertising agency groups or individual customers through which the Company sources national advertising revenue representing more than 10% of the Company’s outstanding gross receivable balance. During the three months ended March 30, 2017 and March 31, 2016, the Company had no customers that accounted for more than 10% of revenue.
Share-Based Compensation	Share-Based Compensation —The Company has issued stock options and restricted stock to certain employees and restricted stock units to its independent directors. The Company has not granted stock options since 2012. In 2016 and 2017, the restricted stock grants for Company officers vest upon the achievement of Company performance measures and/or service conditions, while non-officer grants vest only upon the achievement of service conditions. Compensation expense of restricted stock that vests upon the achievement of Company performance measures is based on management’s financial projections and the probability of achieving the projections, which require considerable judgment. A cumulative adjustment is recorded to share-based compensation expense in periods that management changes its estimate of the number of shares of restricted stock expected to vest. Ultimately, the Company adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. Dividends are accrued when declared on unvested restricted stock that is expected to vest and are only paid with respect to shares that actually vest. During the three months ended March 30, 2017 and March 31, 2016, 978,359 and 868,605 shares of restricted stock and restricted stock units vested, respectively. During the three months ended March 30, 2017 and March 31, 2016, 58,450 and 22,934 stock options were exercised at a weighted average exercise price of $11.04 and $13.02 per share, respectively.
Consolidation	Consolidation —NCM, Inc. consolidates the accounts of NCM LLC under the provisions of ASC 810, Consolidation (“ASC 810”). The following table presents the changes in NCM, Inc.’s equity resulting from net income attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions): Three Months Ended March 30, 2017 March 31, 2016 Net loss attributable to NCM, Inc. $ (5.0 ) $ (4.3 ) NCM LLC equity issued for purchase of intangible asset 78.8 9.2 Income tax and other impacts of subsidiary ownership changes (63.7 ) (2.7 ) Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests $ 10.1 $ 2.2
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In the first quarter of 2017, the Company adopted Accounting Standards Update 2016-07, Investments- Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting In the first quarter of 2017, the Company adopted Accounting Standards Update 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control Consolidation (Topic 810): Amendments to the Consolidation Analysis
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) In January 2016, the FASB issued Accounting Standards Update 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Statements In August 2016, the FASB issued Accounting Standards Update 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In November 2016, the FASB issued Accounting Standards Update 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its unaudited Condensed Consolidated Financial Statements or notes thereto.

The Company (Tables)

The Company (Tables)	3 Months Ended
	Mar. 30, 2017
Accounting Policies [Abstract]
Changes In Equity	Three Months Ended March 30, 2017 March 31, 2016 Net loss attributable to NCM, Inc. $ (5.0 ) $ (4.3 ) NCM LLC equity issued for purchase of intangible asset 78.8 9.2 Income tax and other impacts of subsidiary ownership changes (63.7 ) (2.7 ) Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests $ 10.1 $ 2.2

Loss Per Share (Tables)

Loss Per Share (Tables)	3 Months Ended
	Mar. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Three Months Ended March 30, 2017 March 31, 2016 Net loss attributable to NCM, Inc. (in millions) $ (5.0 ) $ (4.3 ) Weighted average shares outstanding: Basic 60,309,087 59,610,864 Add: Dilutive effect of stock options and restricted stock — — Diluted 60,309,087 59,610,864 Loss per NCM, Inc. share: Basic $ (0.08 ) $ (0.07 ) Diluted $ (0.08 ) $ (0.07 )

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Mar. 30, 2017
Related Party Transaction [Line Items]
Schedule Of Mandatory Distributions To Members	Mandatory distributions of available cash for the three months ended March 30, 2017 and March 31, 2016 were as follows (in millions): Three Months Ended March 30, 2017 March 31, 2016 AMC $ 2.0 $ 0.3 Cinemark 1.5 0.4 Regal 1.5 0.4 Total founding members 5.0 1.1 NCM, Inc. 3.2 0.9 Total $ 8.2 $ 2.0
Schedule Of Amounts Due To Founding Members	Amounts due to founding members as of March 30, 2017 were comprised of the following (in millions): AMC Cinemark Regal Total Theatre access fees, net of beverage revenues $ 1.7 $ 1.0 $ 1.5 $ 4.2 Cost and other reimbursement (1.2 ) (0.1 ) — (1.3 ) Distributions payable to founding members 2.0 1.5 1.5 5.0 Total amounts due to founding members $ 2.5 $ 2.4 $ 3.0 $ 7.9 Amounts due to founding members as of December 29, 2016 were comprised of the following (in millions): AMC Cinemark Regal Total Theatre access fees, net of beverage revenues $ 1.6 $ 0.9 $ 1.4 $ 3.9 Cost and other reimbursement (0.7 ) (0.4 ) — (1.1 ) Distributions payable to founding members 12.3 13.6 14.0 39.9 Total amounts due to founding members $ 13.2 $ 14.1 $ 15.4 $ 42.7
Founding Members [Member]
Related Party Transaction [Line Items]
Schedule Of Related Party Transactions	The following tables provide summaries of the transactions between the Company and the founding members (in millions): Three Months Ended Included in the Condensed Consolidated Statements of Income: March 30, 2017 March 31, 2016 Revenue: Beverage concessionaire revenue (included in advertising revenue) (1) $ 8.4 $ 7.2 Advertising inventory revenue (included in advertising revenue) (2) — 0.1 Operating expenses: Theater access fee (3) 20.6 18.7 Purchase of movie tickets and concession products and rental of theatre space (included in selling and marketing costs) (4) 0.5 0.3 Non-operating expenses: Interest income from notes receivable (included in interest income) (5) 0.2 0.2 (1) For the three months ended March 30, 2017 and March 31, 2016, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds (with all three founding members having a right to purchase up to 90 seconds) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a 30 second equivalent cost per thousand (“CPM”) rate specified by the ESA. (2) The value of such purchases is calculated by reference to NCM LLC’s advertising rate card. (3) Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company’s network, including payments for access to higher quality digital cinema equipment. (4) Used primarily for marketing to NCM LLC’s advertising clients. (5) On December 26, 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (AC JV, LLC) owned 32% by each of the founding members and 4% by NCM LLC. In consideration for the sale, NCM LLC received a total of $25.0 million in promissory notes from its founding members (one-third or approximately $8.3 million from each founding member). The notes bear interest at a fixed rate of 5.0% per annum, compounded annually. Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing. As of Included in the Condensed Consolidated Balance Sheets: March 30, 2017 December 29, 2016 Purchase of movie tickets and concession products (included in prepaid expenses) 0.3 — Current portion of notes receivable - founding members (1) 4.2 5.6 Long-term portion of notes receivable - founding members (1) 8.3 8.3 Interest receivable on notes receivable (included in other current assets) (1) 0.2 0.3 Common unit adjustments, net of amortization and integration payments (included in intangible assets) (2) 725.0 529.9 Current payable to founding members under tax receivable agreement (3) 20.3 18.4 Long-term payable to founding members under tax receivable agreement (3) 135.4 143.4 (1) Refer to the discussion of notes receivable from the founding members above. (2) Refer to Note 3— for further information on common unit adjustments and integration payments. (3) The Company paid the founding members $23.5 million in the first quarter of 2016, of which $2.7 million was net operating loss carrybacks for the 2013 year and $20.8 million was for the 2015 tax year. The payment for 2017 will occur in the second quarter of 2017.

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 30, 2017
NCM, LLC. [Member]
Schedule of Outstanding Debt	The following table summarizes NCM LLC’s total outstanding debt as of March 30, 2017 and December 29, 2016 and the significant terms of its borrowing arrangements (in millions): Outstanding Borrowings March 30, 2017 December 29, 2016 Maturity Date Interest Rate Revolving credit facility $ 30.0 $ 15.0 November (1) Term loans 270.0 270.0 November (1) Senior secured notes due 2022 400.0 400.0 April 6.000% Senior unsecured notes due 2026 250.0 250.0 August 15, 2026 5.750% Total borrowings $ 950.0 $ 935.0 Less: debt issuance costs related to term loans and senior notes (10.2 ) (10.7 ) Carrying value of long-term debt $ 939.8 $ 924.3 (1) The interest rates on the revolving credit facility and term loans are described below.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of Other Investments	As of March 30, 2017 December 29, 2016 Investment in AC JV, LLC (1) $ 1.1 $ 1.0 Other investments (2) 4.2 5.6 Total $ 5.3 $ 6.6 (1) Refer to Note 4— . (2) The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities were accounted for under the cost method and represent an ownership of less than 20%. The Company does not exert significant influence on these companies’ operating or financial activities.
Estimated Fair Values of Company's Financial Instruments	As of March 30, 2017 As of December 29, 2016 Carrying Value Fair Value (1) Carrying Value Fair Value (1) Term loans $ 270.0 $ 272.5 $ 270.0 $ 272.7 Notes due 2022 400.0 412.0 400.0 414.5 Notes due 2026 250.0 253.8 250.0 256.7 (1) The Company has estimated the fair value on an average of at least two non-binding broker quotes and the Company’s analysis. If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2.
Fair Values of the Company's Assets	Fair Value Measurements at Reporting Date Using Fair Value as March 30, 2017 Quoted (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) ASSETS: Cash equivalents (1) $ 0.4 $ 0.4 $ — $ — Short-term marketable securities (2) 28.4 8.6 19.8 — Long-term marketable securities (2) 22.3 20.0 2.3 — Total assets $ 51.1 $ 29.0 $ 22.1 $ — Fair Value Measurements at Reporting Date Using Fair Value as December 29, 2016 Quoted (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) ASSETS: Cash equivalents (1) $ 5.3 $ 0.3 $ 5.0 $ — Short-term marketable securities (2) 26.1 5.2 20.9 — Long-term marketable securities (2) 19.6 17.3 2.3 — Total assets $ 51.0 $ 22.8 $ 28.2 $ — (1) —The Company’s cash equivalents are carried at estimated fair value. Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below. (2) —The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company’s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company’s government agency bonds is derived from quoted market information. The inputs in the valuation are generally classified as Level 1 given the active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the three months ended March 30, 2017 and March 31, 2016, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income. Original cost of short-term marketable securities is based on the specific identification method. As of March 30, 2017 and December 29, 2016, there were no gross unrealized losses related to individual securities that had been in a continuous loss position for 12 months or longer.
Schedule of Marketable Securities	As of March 30, 2017 Amortized Basis (in Aggregate Value (in Maturities (1) (in MARKETABLE SECURITIES: Short-term U.S. government treasury bonds $ 1.2 $ 1.2 0.6 Short-term municipal bonds 6.4 6.4 0.6 Short-term U.S. government agency bonds 1.0 1.0 0.3 Short-term commercial paper: Financial 6.5 6.5 0.3 Industrial 6.4 6.4 0.3 Short-term certificates of deposit 6.9 6.9 0.4 Total short-term marketable securities 28.4 28.4 Long-term municipal bonds 2.5 2.5 2.5 Long-term U.S. government agency bonds 17.7 17.5 3.3 Long-term certificates of deposit: Financial 2.2 2.3 2.4 Total long-term marketable securities 22.4 22.3 Total marketable securities $ 50.8 $ 50.7 As of December 29, 2016 Amortized Basis (in Aggregate Value (in Maturities (1) (in MARKETABLE SECURITIES: Short-term U.S. government treasury bonds $ 1.2 $ 1.2 0.8 Short-term municipal bonds 2.9 2.9 0.6 Short-term U.S. government agency bonds 1.0 1.0 0.5 Short-term commercial paper 13.0 13.0 0.1 Short-term certificates of deposit: Financial 7.7 7.7 0.6 Industrial 0.3 0.3 0.9 Total short-term marketable securities 26.1 26.1 Long-term municipal bonds 1.9 1.8 2.7 Long-term U.S. government agency bonds 15.6 15.5 3.5 Long-term certificates of deposit 2.2 2.3 2.6 Total long-term marketable securities 19.7 19.6 Total marketable securities $ 45.8 $ 45.7 (1) —Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within 30 days.

The Company (Narrative) (Detail

The Company (Narrative) (Details)	3 Months Ended
	Mar. 30, 2017Segmentitemcustomer$ / sharesshares	Mar. 31, 2016customer$ / sharesshares	Dec. 29, 2016item
General Company Information [Line Items]
Common membership units outstanding	60,595,401
Percentage of common membership units outstanding	39.30%
Membership units exchangeable into common stock ratio	100.00%
Number of reportable segment | Segment	1
Number of shares of restricted stock and stock units vested	978,359	868,605
Stock options exercised in period	58,450	22,934
Weighted average exercise price | $ / shares	$ 11.04	$ 13.02
Accounts Receivable [Member] | Credit Concentration Risk [Member]
General Company Information [Line Items]
Number of advertising agency groups contributing to more than 10% of outstanding gross receivable balance | item	0		0
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
General Company Information [Line Items]
Number of customers contributing to more than 10% of revenue | customer	0	0
NCM, LLC. [Member]
General Company Information [Line Items]
Range of terms, in years	20 years
Common membership units outstanding	154,034,513
AMC [Member]
General Company Information [Line Items]
Common membership units outstanding	37,992,630
Percentage of common membership units outstanding	24.70%
Cinemark [Member]
General Company Information [Line Items]
Common membership units outstanding	27,871,862
Percentage of common membership units outstanding	18.10%
Regal [Member]
General Company Information [Line Items]
Common membership units outstanding	27,574,620
Percentage of common membership units outstanding	17.90%
Minimum [Member]
General Company Information [Line Items]
Range of terms, in years	1 year
Maximum [Member]
General Company Information [Line Items]
Range of terms, in years	20 years

The Company (Changes In Equity)

The Company (Changes In Equity) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016
General Company Information [Line Items]
Net loss attributable to NCM, Inc.	$ (5)	$ (4.3)
NCM LLC equity issued for purchase of intangible asset	201.8	21.1
Income tax and other impacts of NCM LLC ownership changes	(45.7)	(1.7)
Change from net loss attributable to NCM, Inc. and transfers from noncontrolling interests	10.1	2.2
Additional Paid In Capital (Deficit) [Member]
General Company Information [Line Items]
NCM LLC equity issued for purchase of intangible asset	78.8	9.2
Income tax and other impacts of NCM LLC ownership changes	$ (63.7)	$ (2.7)

Loss Per Share (Schedule of Los

Loss Per Share (Schedule of Loss Per Share, Basic and Diluted) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net loss attributable to NCM, Inc. (in millions)	$ (5)	$ (4.3)
Basic	60,309,087	59,610,864
Diluted	60,309,087	59,610,864
Basic	$ (0.08)	$ (0.07)
Diluted	$ (0.08)	$ (0.07)

Loss Per Share (Narrative) (Det

Loss Per Share (Narrative) (Details) - shares	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016
Stock Options And Non-Vested Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted weighted average shares	4,759,834	5,326,214
Common Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted weighted average shares	79,800,145	76,121,743

Intangible Assets (Narrative) (

Intangible Assets (Narrative) (Details) $ in Millions	3 Months Ended
	Mar. 30, 2017USD ($)Theatershares	Mar. 31, 2016USD ($)shares
Finite-Lived Intangible Assets [Line Items]
Integration payments received from founding members | $	$ 1	$ 0.9
NCM, LLC. [Member]
Finite-Lived Intangible Assets [Line Items]
Common membership units issued | shares	2,351,029	1,416,515
Increase (decrease) in intangible assets, net | $	$ 201.8	$ 21.1
NCM, LLC. [Member] | AMC And Cinemark Integration Payments [Member]
Finite-Lived Intangible Assets [Line Items]
Increase (decrease) in intangible assets, net | $	(0.4)	(0.1)
Integration payments received from founding members | $	$ 1	$ 0.9
NCM, LLC. [Member] | NCM, Inc. and NCM LLC, MOU with AMC to Effectuate Aspects of Final Judgment [Member]
Finite-Lived Intangible Assets [Line Items]
Common membership units issued | shares	18,425,423
AMC [Member] | NCM, Inc. and NCM LLC, MOU with AMC to Effectuate Aspects of Final Judgment [Member]
Finite-Lived Intangible Assets [Line Items]
Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur	9.50%
Number of theaters required to transfer advertising rights to another advertising provider | Theater	17
Common membership units surrendered | shares	4,657,673
Common membership units surrendered under adjustment for divested theaters | shares	2,850,453
Common membership units surrendered under compensate for lost operating income for divested theaters | shares	1,807,220
Common membership units surrendered, value, under compensate for lost operating income for divested theaters | $	$ 25
Compensate for lost operating income for divested theaters, term	10 years
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur	(2.00%)
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur	2.00%

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)		3 Months Ended
		Mar. 30, 2017	Mar. 31, 2016	Dec. 31, 2015	Jun. 20, 2019	Dec. 20, 2018	Dec. 20, 2017	Dec. 29, 2016	Dec. 26, 2013
Related Party Transaction [Line Items]
On-screen advertising time to satisfy agreement obligations, in seconds		30 seconds	30 seconds
Percentage of cash savings related to taxes		90.00%
Cash payment due to founding members/managing member		$ 5,000,000						$ 39,900,000
AC JV, LLC [Member]
Related Party Transaction [Line Items]
Investment in AC JV, LLC	[1]	1,100,000						1,000,000
NCM, LLC. [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage									4.00%
Founding Members [Member]
Related Party Transaction [Line Items]
Cash payment due to founding members/managing member		5,000,000
AMC [Member]
Related Party Transaction [Line Items]
Cash payment due to founding members/managing member		2,000,000						12,300,000
Number of NCM LLC common units converted to NCM Inc.common stock				200,000
Litigation costs and expenses incurred		800,000
AMC [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage									32.00%
Cinemark [Member]
Related Party Transaction [Line Items]
Cash payment due to founding members/managing member		1,500,000						13,600,000
Cinemark [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage									32.00%
Regal [Member]
Related Party Transaction [Line Items]
Cash payment due to founding members/managing member		1,500,000						14,000,000
Regal [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage									32.00%
LA Live [Member] | NCM, LLC. [Member]
Related Party Transaction [Line Items]
Accounts payable, related party affiliates		100,000						100,000
AEG Live [Member] | NCM, LLC. [Member]
Related Party Transaction [Line Items]
Related party revenue		300,000	$ 400,000
Accounts receivable		$ 300,000						$ 200,000
Minimum [Member]
Related Party Transaction [Line Items]
On-screen advertising time to satisfy agreement obligations, in seconds		30 seconds
Minimum [Member] | AMC [Member]
Related Party Transaction [Line Items]
Ownership percentage		4.50%
Maximum [Member]
Related Party Transaction [Line Items]
On-screen advertising time to satisfy agreement obligations, in seconds		60 seconds
Maximum [Member] | AMC [Member]
Related Party Transaction [Line Items]
Reimbursement of litigation costs and expenses		$ 1,000,000
Maximum [Member] | AMC [Member] | Scenario Forecast [Member]
Related Party Transaction [Line Items]
Ownership percentage					4.99%	7.50%	15.00%
[1]	Refer to Note 4—Related Party Transactions.

Related Party Transactions (Sum

Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Details) - USD ($) $ in Millions		3 Months Ended		12 Months Ended
		Mar. 30, 2017	Mar. 31, 2016	Dec. 26, 2013	Dec. 29, 2016
Related Party Transaction [Line Items]
Advertising revenue		$ 71.9	$ 76.2
Theater access fee	[1]	20.6	18.7
Selling and marketing costs		18.1	18.6
Interest income from notes receivable (included in interest income)	[2]	$ 0.2	$ 0.2
On-screen advertising time to satisfy agreement obligations, in seconds		30 seconds	30 seconds
NCM, LLC. [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage				4.00%
One Founding Members [Member]
Related Party Transaction [Line Items]
On-screen advertising time purchased, in seconds		30 seconds	30 seconds
Two Founding Members [Member]
Related Party Transaction [Line Items]
On-screen advertising time purchased, in seconds		60 seconds	60 seconds
AMC [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage				32.00%
Promissory notes receivable from founding members				$ 8.3
Regal [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage				32.00%
Promissory notes receivable from founding members				$ 8.3
Cinemark [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage				32.00%
Promissory notes receivable from founding members				$ 8.3
Founding Members [Member]
Related Party Transaction [Line Items]
Promissory notes receivable from founding members		$ 12.5			$ 13.9
Founding Members [Member] | NCM, LLC. [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Interest rate on notes receivable				5.00%
Promissory notes receivable from founding members				$ 25
Founding Members [Member] | Promissory Notes [Member] | NCM, LLC. [Member] | AC JV, LLC [Member]
Related Party Transaction [Line Items]
Notes receivable payment term		Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.
Maximum [Member]
Related Party Transaction [Line Items]
On-screen advertising time to satisfy agreement obligations, in seconds		60 seconds
On-screen advertising time which founding members have right to purchase, in seconds		90 seconds	90 seconds
Beverage Concessionaire [Member]
Related Party Transaction [Line Items]
Advertising revenue	[3]	$ 8.4	$ 7.2
Advertising Inventory [Member]
Related Party Transaction [Line Items]
Advertising revenue	[4]		0.1
Purchase Of Movie Tickets And Concession Products And Rental Of Theatre Space [Member]
Related Party Transaction [Line Items]
Selling and marketing costs	[5]	$ 0.5	$ 0.3
[1]	Comprised of payments per theater attendee and payments per digital screen with respect to the founding member theaters included in the Company’s network, including payments for access to higher quality digital cinema equipment.
[2]	On December 26, 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (AC JV, LLC) owned 32% by each of the founding members and 4% by NCM LLC. In consideration for the sale, NCM LLC received a total of $25.0 million in promissory notes from its founding members (one-third or approximately $8.3 million from each founding member). The notes bear interest at a fixed rate of 5.0% per annum, compounded annually. Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.
[3]	For the three months ended March 30, 2017 and March 31, 2016, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds (with all three founding members having a right to purchase up to 90 seconds) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a 30 second equivalent cost per thousand (“CPM”) rate specified by the ESA.
[4]	The value of such purchases is calculated by reference to NCM LLC’s advertising rate card.
[5]	Used primarily for marketing to NCM LLC’s advertising clients.

Related Party Transactions (S31

Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 30, 2017	Dec. 29, 2016
Related Party Transaction [Line Items]
Prepaid expenses			$ 5.2	$ 3.1
Current portion of notes receivable - founding members	[1]		4.2	5.6
Long-term notes receivable, net of current portion - founding members	[1]		8.3	8.3
Interest receivable on notes receivable (included in other current assets)	[1]		0.2	0.3
Intangible assets, net of accumulated amortization			755.1	560.5
Current payable to founding members under tax receivable agreement	[2]		20.3	18.4
Long-term payable to founding members under tax receivable agreement	[2]		135.4	143.4
Payments to affiliates for tax sharing agreement		$ 23.5
Tax Year 2013 [Member]
Related Party Transaction [Line Items]
Payments to affiliates for tax sharing agreement		2.7
Tax Year 2015 [Member]
Related Party Transaction [Line Items]
Payments to affiliates for tax sharing agreement		$ 20.8
Purchase Of Movie Tickets And Concession Products [Member]
Related Party Transaction [Line Items]
Prepaid expenses			0.3
Common Unit Adjustments, Net of Amortization And Integration Payments [Member]
Related Party Transaction [Line Items]
Intangible assets, net of accumulated amortization	[3]		$ 725	$ 529.9
[1]	Refer to the discussion of notes receivable from the founding members above.
[2]	The Company paid the founding members $23.5 million in the first quarter of 2016, of which $2.7 million was net operating loss carrybacks for the 2013 year and $20.8 million was for the 2015 tax year.
[3]	Refer to Note 3—Intangible Assets for further information on common unit adjustments and integration payments.

Related Party Transactions (Sch

Related Party Transactions (Schedule of Mandatory Distributions to Members) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016
Related Party Transaction [Line Items]
Cash distributions declared to members	$ 8.2	$ 2
AMC [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	2	0.3
Cinemark [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	1.5	0.4
Regal [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	1.5	0.4
Founding Members [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	5	1.1
NCM Inc. [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	$ 3.2	$ 0.9

Related Party Transactions (S33

Related Party Transactions (Schedule of Amounts Due to Founding Members) (Details) - USD ($) $ in Millions	Mar. 30, 2017	Dec. 29, 2016
Related Party Transaction [Line Items]
Theatre access fees, net of beverage revenues	$ 4.2	$ 3.9
Cost and other reimbursement	(1.3)	(1.1)
Distributions payable to founding members	5	39.9
Total amounts due to founding members	7.9	42.7
AMC [Member]
Related Party Transaction [Line Items]
Theatre access fees, net of beverage revenues	1.7	1.6
Cost and other reimbursement	(1.2)	(0.7)
Distributions payable to founding members	2	12.3
Total amounts due to founding members	2.5	13.2
Cinemark [Member]
Related Party Transaction [Line Items]
Theatre access fees, net of beverage revenues	1	0.9
Cost and other reimbursement	(0.1)	(0.4)
Distributions payable to founding members	1.5	13.6
Total amounts due to founding members	2.4	14.1
Regal [Member]
Related Party Transaction [Line Items]
Theatre access fees, net of beverage revenues	1.5	1.4
Cost and other reimbursement	0
Distributions payable to founding members	1.5	14
Total amounts due to founding members	$ 3	$ 15.4

Borrowings (Schedule of Outstan

Borrowings (Schedule of Outstanding Debt) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 30, 2017	Dec. 29, 2016	Aug. 19, 2016	Apr. 27, 2012
Debt Instrument [Line Items]
Carrying value of long-term debt		$ 939.8	$ 924.3
NCM, LLC. [Member]
Debt Instrument [Line Items]
Outstanding Balance		950	935
Less: debt issuance costs related to term loans and senior notes		(10.2)	(10.7)
Carrying value of long-term debt		939.8	924.3
NCM, LLC. [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Outstanding Balance	[1]	$ 30	15
Maturity Date	[1]	Nov. 26, 2019
NCM, LLC. [Member] | Term Loans [Member]
Debt Instrument [Line Items]
Outstanding Balance	[1]	$ 270	270
Maturity Date	[1]	Nov. 26, 2019
NCM, LLC. [Member] | Senior Unsecured Notes Due 2026 [Member]
Debt Instrument [Line Items]
Outstanding Balance		$ 250	250
Maturity Date		Aug. 15, 2026
Interest Rate		5.75%		5.75%
NCM, LLC. [Member] | Senior Secured Notes Due 2022 [Member]
Debt Instrument [Line Items]
Outstanding Balance		$ 400	$ 400
Maturity Date		Apr. 15, 2022
Interest Rate		6.00%			6.00%
[1]	The interest rates on the revolving credit facility and term loans are described below.

Borrowings (Narrative) (Details

Borrowings (Narrative) (Details) - NCM, LLC. [Member] - USD ($)		3 Months Ended
		Mar. 30, 2017	Dec. 29, 2016	Aug. 19, 2016	May 26, 2016	Apr. 27, 2012
Debt Instrument [Line Items]
Debt Instrument, carrying value		$ 950,000,000	$ 935,000,000
Senior Secured Notes Due 2022 [Member]
Debt Instrument [Line Items]
Debt Instrument, carrying value		$ 400,000,000	400,000,000
Debt instrument face amount						$ 400,000,000
Stated interest rate		6.00%				6.00%
Date of first required interest payment		Oct. 15, 2012
Debt instrument, frequency of periodic payment		The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced on October 15, 2012.
Senior Unsecured Notes Due 2026 [Member]
Debt Instrument [Line Items]
Debt Instrument, carrying value		$ 250,000,000	250,000,000
Debt instrument face amount				$ 250,000,000
Stated interest rate		5.75%		5.75%
Date of first required interest payment		Feb. 15, 2017
Debt instrument, frequency of periodic payment		The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, which commenced on February 15, 2017.
Debt instrument issued percentage of face value				100.00%
Term Loans [Member]
Debt Instrument [Line Items]
Debt Instrument, carrying value	[1]	$ 270,000,000	270,000,000
Weighted-average interest rate		3.54%
Term Loans [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate, percent		2.75%
Term Loans [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate, percent		1.75%
Senior Secured Credit Facility [Member]
Debt Instrument [Line Items]
Senior secured leverage ratio		310.00%
Senior Secured Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Senior secured leverage ratio		650.00%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Borrowing amount of credit facility		$ 175,000,000			$ 135,000,000
Debt Instrument, carrying value	[1]	30,000,000	$ 15,000,000
Increase in borrowing capacity of revolving credit facility					$ 40,000,000
Remaining borrowing capacity of credit facility		$ 143,800,000
Unused line fee, percent		0.50%
Weighted-average interest rate		2.95%
Revolving Credit Facility [Member] | Letter of Credit [Member]
Debt Instrument [Line Items]
Remaining borrowing capacity of credit facility		$ 1,200,000
[1]	The interest rates on the revolving credit facility and term loans are described below.

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2017	Mar. 31, 2016	Dec. 29, 2016
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 1.6		$ 1.6
Unrecognized tax benefits, income tax penalties and interest expense	0	$ 0.1
Unrecognized tax benefits, payment of interest and penalties accrued	0.5		$ 0.4
Reasonably possible decrease in unrecognized tax benefits	1.3
Reduction in deferred tax assets	35
Deferred tax liability	15.8
Net reduction to additional paid in capital	$ 50.8

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) - USD ($)	3 Months Ended
	Mar. 30, 2017	Dec. 29, 2016
Other Commitments [Line Items]
Maximum potential payment	$ 60,300,000
Liabilities recorded for related party obligations	$ 0	$ 0
NCM, LLC. [Member]
Other Commitments [Line Items]
Range of terms, in years	20 years
NCM, LLC. [Member] | Founding Members [Member]
Other Commitments [Line Items]
Liabilities recorded for related party obligations	$ 0	$ 0
Percentage of increase in payment per theatre patron	8.00%
Term of increase in payment percentage per theater patron	5 years
Percentage of increase in payment per digital screen and digital cinema equipment	5.00%
Minimum [Member]
Other Commitments [Line Items]
Range of terms, in years	1 year
Minimum [Member] | NCM, LLC. [Member] | Founding Members [Member]
Other Commitments [Line Items]
Aggregate percentage of theater access fee paid	12.00%
Maximum [Member]
Other Commitments [Line Items]
Range of terms, in years	20 years

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Other Investments) (Details) - USD ($) $ in Millions		3 Months Ended	12 Months Ended
		Mar. 30, 2017	Dec. 29, 2016
Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]
Other investments	[1]	$ 4.2	$ 5.6
Total other investments		$ 5.3	$ 6.6
Maximum [Member]
Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]
Cost-method ownership percentage		20.00%	20.00%
AC JV, LLC [Member]
Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]
Investment in AC JV, LLC	[2]	$ 1.1	$ 1
[1]	The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities were accounted for under the cost method and represent an ownership of less than 20%. The Company does not exert significant influence on these companies’ operating or financial activities.
[2]	Refer to Note 4—Related Party Transactions.

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2017	Dec. 29, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of investment	$ 1.4
Fair value of cost method investment	0
Founding Members [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Promissory notes receivable from founding members	$ 12.5	$ 13.9

Fair Value Measurements (Estima

Fair Value Measurements (Estimated Fair Values of Company's Financial Instruments) (Details) - USD ($) $ in Millions		Mar. 30, 2017	Dec. 29, 2016
Term Loans [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument		$ 270	$ 270
Term Loans [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument	[1]	272.5	272.7
Notes due 2022 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument		400	400
Notes due 2022 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument	[1]	412	414.5
Senior Unsecured Notes Due 2026 [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument		250	250
Senior Unsecured Notes Due 2026 [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument	[1]	$ 253.8	$ 256.7
[1]	The Company has estimated the fair value on an average of at least two non-binding broker quotes and the Company’s analysis. If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2.

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Details) - USD ($)		Mar. 30, 2017	Dec. 29, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities		$ 28,400,000	$ 26,100,000
Long-term marketable securities		22,300,000	19,600,000
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	[1]	400,000	5,300,000
Short-term marketable securities	[2]	28,400,000	26,100,000
Long-term marketable securities	[2]	22,300,000	19,600,000
Total assets		51,100,000	51,000,000
Individual securities gross unrealized losses		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	[1]	400,000	300,000
Short-term marketable securities	[2]	8,600,000	5,200,000
Long-term marketable securities	[2]	20,000,000	17,300,000
Total assets		29,000,000	22,800,000
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	[1]		5,000,000
Short-term marketable securities	[2]	19,800,000	20,900,000
Long-term marketable securities	[2]	2,300,000	2,300,000
Total assets		$ 22,100,000	$ 28,200,000
[1]	Cash Equivalents—The Company’s cash equivalents are carried at estimated fair value. Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below.
[2]	Short-Term and Long-Term Marketable Securities—The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company’s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company’s government agency bonds is derived from quoted market information. The inputs in the valuation are generally classified as Level 1 given the active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the three months ended March 30, 2017 and March 31, 2016, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income. Original cost of short-term marketable securities is based on the specific identification method. As of March 30, 2017 and December 29, 2016, there were no gross unrealized losses related to individual securities that had been in a continuous loss position for 12 months or longer.

Fair Value Measurements (Sche42

Fair Value Measurements (Schedule of Marketable Securities) (Details) - USD ($) $ in Millions		3 Months Ended	12 Months Ended
		Mar. 30, 2017	Dec. 29, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 50.8	$ 45.8
Aggregate Fair Value - Short term marketable securities		28.4	26.1
Aggregate Fair Value - Long term marketable securities		22.3	19.6
Aggregate Fair Value - Total marketable securities		50.7	45.7
Short-term Marketable Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		28.4	26.1
Aggregate Fair Value - Short term marketable securities		28.4	26.1
Short-term Marketable Securities [Member] | U.S. Government Treasury Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		1.2	1.2
Aggregate Fair Value - Short term marketable securities		$ 1.2	$ 1.2
Maturities	[1]	7 months 6 days	9 months 18 days
Short-term Marketable Securities [Member] | Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 6.4	$ 2.9
Aggregate Fair Value - Short term marketable securities		$ 6.4	$ 2.9
Maturities	[1]	7 months 6 days	7 months 6 days
Short-term Marketable Securities [Member] | U.S. Government Agency Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 1	$ 1
Aggregate Fair Value - Short term marketable securities		$ 1	$ 1
Maturities	[1]	3 months 18 days	6 months
Short-term Marketable Securities [Member] | Commercial Paper, Financial [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 6.5
Aggregate Fair Value - Short term marketable securities		$ 6.5
Maturities	[1]	3 months 18 days
Short-term Marketable Securities [Member] | Commercial Paper, Industrial [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 6.4
Aggregate Fair Value - Short term marketable securities		$ 6.4
Maturities	[1]	3 months 18 days
Short-term Marketable Securities [Member] | Certificates Of Deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 6.9
Aggregate Fair Value - Short term marketable securities		$ 6.9
Maturities	[1]	4 months 24 days
Short-term Marketable Securities [Member] | Commercial Paper [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis			$ 13
Aggregate Fair Value - Short term marketable securities			$ 13
Maturities	[1]		1 month 6 days
Short-term Marketable Securities [Member] | Financial Certificate Of Deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis			$ 7.7
Aggregate Fair Value - Short term marketable securities			$ 7.7
Maturities	[1]		7 months 6 days
Short-term Marketable Securities [Member] | Industrial Certificates Of Deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis			$ 0.3
Aggregate Fair Value - Short term marketable securities			$ 0.3
Maturities	[1]		10 months 24 days
Long-term Marketable Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 22.4	$ 19.7
Aggregate Fair Value - Long term marketable securities		22.3	19.6
Long-term Marketable Securities [Member] | Municipal Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		2.5	1.9
Aggregate Fair Value - Long term marketable securities		$ 2.5	$ 1.8
Maturities	[1]	2 years 6 months	2 years 8 months 12 days
Long-term Marketable Securities [Member] | U.S. Government Agency Bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 17.7	$ 15.6
Aggregate Fair Value - Long term marketable securities		$ 17.5	$ 15.5
Maturities	[1]	3 years 3 months 18 days	3 years 6 months
Long-term Marketable Securities [Member] | Certificates Of Deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis			$ 2.2
Aggregate Fair Value - Long term marketable securities			$ 2.3
Maturities	[1]		2 years 7 months 6 days
Long-term Marketable Securities [Member] | Financial Certificate Of Deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost Basis		$ 2.2
Aggregate Fair Value - Long term marketable securities		$ 2.3
Maturities	[1]	2 years 4 months 24 days
[1]	Maturities—Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within 30 days.

Subsequent Event (Narrative) (D

Subsequent Event (Narrative) (Details) - Subsequent Event [Member] $ / shares in Units, $ in Millions	Apr. 28, 2017USD ($)$ / shares
Subsequent Events [Line Items]
Dividends payable, date declared	Apr. 28, 2017
Cash dividends declared, per share | $ / shares	$ 0.22
Cash dividends declared | $	$ 13.3
Dividends payable, date of record	May 18, 2017
Dividends payable, date to be paid	Jun. 1, 2017