The Marcus Corporation (MCS) 10-K 13 Mar 18 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 28, 2017	Feb. 28, 2018	Jun. 29, 2017
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 28, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Registrant Name	MARCUS CORP
Entity Central Index Key	62,234
Current Fiscal Year End Date	--12-28
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 546,520,582
Trading Symbol	MCS
Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		19,381,112
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		8,525,485

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 28, 2017	Dec. 29, 2016
CURRENT ASSETS:
Cash and cash equivalents (Note 1)	$ 16,248	$ 3,239
Restricted cash (Note 1)	4,499	5,466
Accounts and notes receivable, net of reserves (Note 5)	27,230	14,761
Refundable income taxes	15,335	1,672
Other current assets (Note 1)	13,409	11,005
Total current assets	76,721	36,143
PROPERTY AND EQUIPMENT, net (Note 5)	860,064	789,198
OTHER ASSETS:
Investments in joint ventures (Note 11)	4,239	6,096
Goodwill (Note 1)	43,492	43,735
Other (Note 5)	33,281	36,094
Total other assets	81,012	85,925
Total assets	1,017,797	911,266
CURRENT LIABILITIES:
Accounts payable	51,541	31,206
Taxes other than income taxes	19,638	17,261
Accrued compensation	15,627	17,007
Other accrued liabilities (Note 1)	53,291	46,561
Current portion of capital lease obligations (Note 6)	7,570	6,598
Current maturities of long-term debt (Note 6)	12,016	12,040
Total current liabilities	159,683	130,673
CAPITAL LEASE OBLIGATIONS (Note 6)	28,282	26,106
LONG-TERM DEBT (NOTE 6)	289,813	271,343
DEFERRED INCOME TAXES (NOTE 9)	38,233	46,433
DEFERRED COMPENSATION AND OTHER (NOTE 8)	56,662	45,064
COMMITMENTS AND LICENSE RIGHTS (NOTE 10)
Shareholders’ equity attributable to The Marcus Corporation
Preferred Stock, $1 par; authorized 1,000,000 shares; none issued	0	0
Capital in excess of par	61,452	58,584
Retained earnings	403,206	351,220
Accumulated other comprehensive loss	(7,425)	(5,066)
Stockholders' Equity before Treasury Stock	488,423	435,928
Less cost of Common Stock in treasury (3,335,745 shares at December 28, 2017, and 3,517,951 shares at December 29, 2016)	(43,399)	(45,816)
Total shareholders’ equity attributable to The Marcus Corporation	445,024	390,112
Noncontrolling interests	100	1,535
Total equity	445,124	391,647
Total liabilities and shareholders’ equity	1,017,797	911,266
Common Stock [Member]
Shareholders’ equity attributable to The Marcus Corporation
Common Stock, Value	22,656	22,490
Total equity	22,656	22,490
Class B Common Stock [Member]
Shareholders’ equity attributable to The Marcus Corporation
Common Stock, Value	8,534	8,700
Total equity	$ 8,534	$ 8,700

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 28, 2017	Dec. 29, 2016
Preferred Stock, par (in dollars per share)	$ 1	$ 1
Preferred Stock, authorized	1,000,000	1,000,000
Preferred Stock, issued	0	0
Cost of Common Stock in treasury, shares	3,335,745	3,517,951
Common Stock [Member]
Common Stock, par (in dollars per share)	$ 1	$ 1
Common Stock, authorized	50,000,000	50,000,000
Common Stock, issued	22,655,517	22,489,976
Class B Common Stock [Member]
Common Stock, par (in dollars per share)	$ 1	$ 1
Common Stock, authorized	33,000,000	33,000,000
Common Stock, issued	8,533,996	8,699,540
Common Stock, outstanding	8,533,996	8,699,540

CONSOLIDATED STATEMENTS OF EARN

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
REVENUES:
Theatre admissions	$ 104,606	$ 227,091	$ 186,768	$ 157,254
Rooms	70,093	106,876	105,167	109,660
Theatre concessions	69,206	148,989	120,975	98,746
Food and beverage	44,590	70,627	67,551	67,174
Other revenues	35,772	69,131	63,403	55,233
Total revenues	324,267	622,714	543,864	488,067
COSTS AND EXPENSES:
Theatre operations	91,747	197,270	160,729	134,946
Rooms	24,933	40,286	40,213	42,579
Theatre concessions	19,958	43,634	32,407	27,032
Food and beverage	34,656	59,375	55,526	55,215
Advertising and marketing	14,842	23,960	21,582	25,265
Administrative	36,392	68,666	63,620	53,247
Depreciation and amortization	23,815	51,719	41,832	38,361
Rent (Note 10)	5,040	11,869	8,384	8,591
Property taxes	8,630	18,815	16,257	15,001
Other operating expenses	19,582	31,525	33,360	34,268
Impairment charge (Note 2)	0	0	0	2,919
Total costs and expenses	279,595	547,119	473,910	437,424
OPERATING INCOME	44,672	75,595	69,954	50,643
OTHER INCOME (EXPENSE):
Investment income	15	588	298	252
Interest expense	(5,933)	(12,100)	(9,176)	(9,926)
Gain (loss) on disposition of property, equipment and other assets	(490)	3,981	(844)	(1,463)
Equity earnings (losses) from unconsolidated joint ventures, net (Note 11)	(36)	46	301	(186)
Nonoperating Income (Expense), Total	(6,444)	(7,485)	(9,421)	(11,323)
EARNINGS BEFORE INCOME TAXES	38,228	68,110	60,533	39,320
INCOME TAXES (NOTE 9)	14,785	3,625	22,994	15,678
NET EARNINGS	23,443	64,485	37,539	23,642
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS	(122)	(511)	(363)	(353)
NET EARNINGS ATTRIBUTABLE TO THE MARCUS CORPORATION	$ 23,565	$ 64,996	$ 37,902	$ 23,995
Common Stock [Member]
NET EARNINGS PER SHARE - BASIC:
Common Stock	$ 0.88	$ 2.42	$ 1.41	$ 0.9
NET EARNINGS PER SHARE - DILUTED:
Common Stock	0.84	2.29	1.36	0.87
Common Class B [Member]
NET EARNINGS PER SHARE - BASIC:
Common Stock	0.8	2.17	1.28	0.82
NET EARNINGS PER SHARE - DILUTED:
Common Stock	$ 0.79	$ 2.13	$ 1.27	$ 0.81

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
NET EARNINGS	$ 23,443	$ 64,485	$ 37,539	$ 23,642
OTHER COMPREHENSIVE INCOME (LOSS):
Change in unrealized gain on available for sale investments, net of tax effect (benefit) of $(9), $9, $0 and $0, respectively	0	(14)	14	0
Pension loss arising during period, net of tax benefit of $1,685, $40, $42 and $570, respectively	(62)	(2,559)	(42)	(902)
Amortization of the net actuarial loss and prior service credit related to the pension, net of tax effect of $142, $55, $84 and $127, respectively	127	214	58	199
Pension curtailment gain, net of tax effect of $0, $127, $0 and $0	0	0	134	0
Fair market value adjustment of interest rate swap, net of tax benefit of $0, $95, $25 and $110, respectively (Note 6)	(39)	0	(143)	(169)
Reclassification adjustment on interest rate swap included in interest expense, net of tax effect of $0, $25, $43 and $77, respectively (Note 6)	65	0	38	118
Reclassification adjustment related to interest rate swap de-designation, net of tax effect of $0, $63, $0 and $0	0	0	96	0
Other comprehensive income (loss)	91	(2,359)	155	(754)
COMPREHENSIVE INCOME	23,534	62,126	37,694	22,888
COMPREHENSIVE LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS	(122)	(511)	(363)	(353)
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE MARCUS CORPORATION	$ 23,656	$ 62,637	$ 38,057	$ 23,241

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Change in unrealized gain on available for sale investments, net of tax effect (benefit)	$ 0	$ (9)	$ 9	$ 0
Pension loss arising during period, net of tax benefit	42	1,685	40	570
Amortization of the net actuarial loss and prior service credit related to the pension, net of tax effect	84	142	55	127
Pension curtailment gain, net of tax effect	0	0	127	0
Fair market value adjustment of interest rate swap, net of tax benefit	25	0	95	110
Reclassification adjustment on interest rate swap included in interest expense, net of tax effect	43	0	25	77
Reclassification adjustment related to interest rate swap de-designation, net of tax effect	$ 0	$ 0	$ 63	$ 0

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Capital in Excess of par [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Shareholders'Equity Attributable to The Marcus Corporation [Member]	Noncontrolling Interest [Member]	Common Stock [Member]	Common Stock [Member]Retained Earnings [Member]	Common Stock [Member]Shareholders'Equity Attributable to The Marcus Corporation [Member]	Class B Common Stock [Member]	Class B Common Stock [Member]Retained Earnings [Member]	Class B Common Stock [Member]Shareholders'Equity Attributable to The Marcus Corporation [Member]
Balance at May. 29, 2014	$ 329,979	$ 53,844	$ 294,334	$ (4,558)	$ (48,599)	$ 326,211	$ 3,768	$ 22,458			$ 8,732
Cash dividends:								(7,298)	$ (7,298)	$ (7,298)	(3,092)	$ (3,092)	$ (3,092)
Exercise of stock options	2,964	(66)	0	0	3,030	2,964	0	0			0
Purchase of treasury stock	(1,092)	0	0	0	(1,092)	(1,092)	0	0			0
Savings and profit-sharing contribution	888	320	0	0	568	888	0	0			0
Reissuance of treasury stock	318	91	0	0	227	318	0	0			0
Issuance of non-vested stock	0	(289)	0	0	289	0	0	0			0
Share-based compensation	1,499	1,499	0	0	0	1,499	0	0			0
Other	140	140	0	0	0	140	0	0			0
Conversions of Class B Common Stock	0	0	0	0	0	0	0	21			(21)
Distributions to noncontrolling interest	(959)	0	0	0	0	0	(959)	0			0
Comprehensive income (loss)	22,888	0	23,995	(754)	0	23,241	(353)	0			0
Balance at May. 28, 2015	346,235	55,539	307,939	(5,312)	(45,577)	343,779	2,456	22,479			8,711
Cash dividends:								(3,969)	(3,969)	(3,969)	(1,663)	(1,663)	(1,663)
Exercise of stock options	860	(2)	0	0	862	860	0	0			0
Purchase of treasury stock	(75)	0	0	0	(75)	(75)	0	0			0
Reissuance of treasury stock	251	99	0	0	152	251	0	0			0
Issuance of non-vested stock	0	(192)	0	0	192	0	0	0			0
Share-based compensation	975	975	0	0	0	975	0	0			0
Other	55	55	(517)	0	0	(462)	517	0			0
Distributions to noncontrolling interest	(505)	0	0	0	0	0	(505)	0			0
Comprehensive income (loss)	23,534	0	23,565	91	0	23,656	(122)	0			0
Balance at Dec. 31, 2015	365,698	56,474	325,355	(5,221)	(44,446)	363,352	2,346	22,479			8,711
Cash dividends:								(8,477)	(8,477)	(8,477)	(3,560)	(3,560)	(3,560)
Exercise of stock options	3,986	116	0	0	3,870	3,986	0	0			0
Purchase of treasury stock	(6,389)	0	0	0	(6,389)	(6,389)	0	0			0
Savings and profit-sharing contribution	905	304	0	0	601	905	0	0			0
Reissuance of treasury stock	300	120	0	0	180	300	0	0			0
Issuance of non-vested stock	0	(368)	0	0	368	0	0	0			0
Share-based compensation	1,899	1,899	0	0	0	1,899	0	0			0
Other	39	39	0	0	0	39	0	0			0
Conversions of Class B Common Stock	0	0	0	0	0	0	0	11			(11)
Distributions to noncontrolling interest	(448)	0	0	0	0	0	(448)	0			0
Comprehensive income (loss)	37,694	0	37,902	155	0	38,057	(363)	0			0
Balance at Dec. 29, 2016	391,647	58,584	351,220	(5,066)	(45,816)	390,112	1,535	22,490			8,700
Cash dividends:								(9,575)	$ (9,575)	$ (9,575)	(3,929)	$ (3,929)	$ (3,929)
Exercise of stock options	2,271	105	0	0	2,166	2,271	0	0			0
Purchase of treasury stock	(850)	0	0	0	(850)	(850)	0	0			0
Savings and profit-sharing contribution	1,024	600	0	0	424	1,024	0	0			0
Reissuance of treasury stock	429	253	0	0	176	429	0	0			0
Issuance of non-vested stock	0	(501)	0	0	501	0	0	0			0
Share-based compensation	2,411	2,411	0	0	0	2,411	0	0			0
Purchase of noncontrolling interest	(410)	0	494	0	0	494	(904)	0			0
Conversions of Class B Common Stock	0	0	0	0	0	0	0	166			(166)
Distributions to noncontrolling interest	(20)	0	0	0	0	0	(20)	0			0
Comprehensive income (loss)	62,126	0	64,996	(2,359)	0	62,637	(511)	0			0
Balance at Dec. 28, 2017	$ 445,124	$ 61,452	$ 403,206	$ (7,425)	$ (43,399)	$ 445,024	$ 100	$ 22,656			$ 8,534

CONSOLIDATED STATEMENTS OF SHA8

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Class B Common Stock [Member]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.19	$ 0.45	$ 0.41	$ 0.35
Common Stock [Member]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.21	$ 0.50	$ 0.45	$ 0.39

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
OPERATING ACTIVITIES
Net earnings	$ 23,443	$ 64,485	$ 37,539	$ 23,642
Adjustments to reconcile net earnings to net cash provided by operating activities:
Losses (earnings) on investments in joint ventures	36	(46)	(301)	186
Distributions from joint ventures	152	377	560	166
Loss (gain) on disposition of property, equipment and other assets	490	(3,981)	844	1,463
Impairment charge	0	0	0	2,919
Amortization of favorable lease right	194	334	334	334
Depreciation and amortization	23,815	51,719	41,832	38,361
Amortization of debt issuance costs	258	308	303	449
Share-based compensation	975	2,411	1,899	1,499
Deferred income taxes	(1,079)	(6,438)	3,022	5,614
Deferred compensation and other	1,564	911	577	3,531
Contribution of the Company’s stock to savings and profit-sharing plan	0	1,024	905	888
Changes in operating assets and liabilities:
Accounts and notes receivable	2,967	(8,852)	(1,486)	(5,627)
Other current assets	(388)	(2,268)	(2,465)	(845)
Accounts payable	(665)	15,015	(1,978)	2,355
Income taxes	7,567	(13,663)	(5,124)	(925)
Taxes other than income taxes	2,550	2,377	(373)	766
Accrued compensation	(3,085)	(1,380)	4,738	2,440
Other accrued liabilities	8,016	6,703	1,829	3,236
Total adjustments	43,367	44,551	45,116	56,810
Net cash provided by operating activities	66,810	109,036	82,655	80,452
INVESTING ACTIVITIES
Capital expenditures	(44,452)	(114,804)	(83,606)	(74,988)
Purchase of theatres, net of cash acquired and working capital assumed	0	0	(63,766)	0
Proceeds from disposals of property, equipment and other assets	13,977	4,524	1,560	226
Decrease (increase) in restricted cash	(9,259)	967	12,553	(728)
Decrease (increase) in other assets	495	911	3,572	(786)
Capital contribution in joint venture	0	(111)	0	(399)
Purchase of interest in joint venture	(1,600)	0	0	(1,500)
Contribution received from local government	0	1,545	0	0
Proceeds from sale of interests in joint ventures	0	6,729	1,100	0
Net cash used in investing activities	(40,839)	(100,239)	(128,587)	(78,175)
Debt transactions:
Proceeds from borrowings on revolving credit facility	108,500	322,000	346,188	162,500
Repayment of borrowings on revolving credit facility	(126,500)	(332,000)	(236,188)	(148,500)
Proceeds from issuance of long-term debt	0	65,000	0	0
Principal payments on long-term debt	(3,339)	(36,300)	(52,335)	(7,176)
Principal payments on capital lease obligations	0	(1,986)	0	0
Debt issuance costs	0	(418)	(578)	0
Equity transactions:
Treasury stock transactions, except for stock options	594	(421)	(6,089)	(773)
Exercise of stock options	860	2,271	3,986	2,964
Dividends paid	(5,632)	(13,504)	(12,037)	(10,390)
Distributions to noncontrolling interest	(505)	(20)	(448)	(959)
Purchase of noncontrolling interest	0	(410)	0	0
Net cash provided by (used in) financing activities	(26,022)	4,212	42,499	(2,334)
Net increase (decrease) in cash and cash equivalents	(51)	13,009	(3,433)	(57)
Cash and cash equivalents at beginning of year	6,723	3,239	6,672	6,780
Cash and cash equivalents at end of year	6,672	16,248	3,239	6,723
Supplemental Information:
Change in accounts payable for additions to property and equipment	(7,370)	5,320	3,417	3,467
Capital leases acquired	0	6,173	17,511	0
Capital lease extensions	0	3,675	0	0
Non-cash contribution in joint venture	$ 400	$ 0	$ 0	$ 0

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 28, 2017
Accounting Policies [Abstract]
Description of Business and Summary of Significant Accounting Policies	The Marcus Corporation and its subsidiaries (the “Company”) operate principally in two business segments: Theatres: Operates multiscreen motion picture theatres in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota and Ohio, a family entertainment center in Wisconsin and a retail center in Missouri. Hotels and Resorts: Owns and operates full service hotels and resorts in Wisconsin, Illinois, Oklahoma and Nebraska and manages full service hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, California and North Carolina. - The consolidated financial statements include the accounts of The Marcus Corporation and all of its subsidiaries, including a 50% owned joint venture entity in which the Company has a controlling financial interest. The Company has ownership interests greater than 50% in one joint venture that is considered a Variable Interest Entity (VIE) that is also included in the accounts of the Company. The Company is the primary beneficiary of the VIE and the Company’s interest is considered a majority voting interest. The equity interest of outside owners in consolidated entities is recorded as noncontrolling interests in the consolidated balance sheets, and their share of earnings is recorded as net earnings (losses) attributable to noncontrolling interests in the consolidated statements of earnings in accordance with the partnership agreements. In fiscal 2017, the Company purchased the noncontrolling interest of a joint venture from its former partner. Investments in affiliates which are 50 All intercompany accounts and transactions have been eliminated in consolidation. - In October 2015, the Company’s Board of Directors approved a change in the Company’s fiscal year-end from the last Thursday in May to the last Thursday in December. The Company reports on a 52/53-week year. In this Annual Report on Form 10-K, (1) references to fiscal 2017 refer to the 52-week year ended December 28, 2017, (2) references to fiscal 2016 refer to the 52-week year ended December 29, 2016, (3) references to the Transition Period refer to the 31 week transition period from May 29, 2015 to December 31, 2015, and (4) references to fiscal 2015 refer to the 52-week year ended May 28, 2015. Fiscal 2018 will be a 52-week year ending on December 27, 2018. - The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. - The Company considers all highly liquid investments with maturities of three months or less when purchased to be cash equivalents. Cash equivalents are carried at cost, which approximates fair value. Restricted Cash - Certain financial assets and liabilities are recorded at fair value in the financial statements. Some are measured on a recurring basis while others are measured on a non-recurring basis. Financial assets and liabilities measured on a recurring basis are those that are adjusted to fair value each time a financial statement is prepared. Financial assets and liabilities measured on a non-recurring basis are those that are adjusted to fair value when a significant event occurs. A fair value measurement assumes that a transaction to sell an asset or transfer a liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The Company’s assets and liabilities measured at fair value are classified in one of the following categories: Level 1 - 70,000 93,000 3,983,000 . Level 2 - 13,000 6,000 . Level 3 - Assets or liabilities for which fair value is based on valuation models with significant unobservable pricing inputs and which result in the use of management estimates. At December 28, 2017 and December 29, 2016, none of the Company’s recorded assets or liabilities were valued using Level 3 pricing inputs, other than those discussed in Note 3. The carrying value of the Company’s financial instruments (including cash and cash equivalents, restricted cash, accounts receivable, notes receivable and accounts payable) approximates fair value. The fair value of the Company’s $ 129,143,000 125,188,000 The Company evaluates the collectibility of its accounts and notes receivable based on a number of factors. For larger accounts, an allowance for doubtful accounts is recorded based on the applicable parties’ ability and likelihood to pay based on management’s review of the facts. For all other accounts, the Company recognizes an allowance based on length of time the receivable is past due based on historical experience and industry practice. Inventory – 4,062,000 4,437,000 - The Company states property and equipment at cost. Major renewals and improvements are capitalized, while maintenance and repairs that do not improve or extend the lives of the respective assets are expensed currently. Included in property and equipment are assets related to capital leases. These assets are depreciated over the shorter of the estimated useful lives or related lease terms. Years Land improvements 10 - 20 Buildings and improvements 12 - 39 Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3 - 20 Depreciation expense totaled $ 51,542,000 42,085,000 23,893,000 38,368,000 The Company periodically considers whether indicators of impairment of long-lived assets held for use are present. If such indicators are present, the Company determines whether the sum of the estimated undiscounted future cash flows attributable to such assets is less than their carrying amounts. The Company recognizes any impairment losses based on the excess of the carrying amount of the assets over their fair value. For the purpose of determining fair value, defined as the amount at which an asset or group of assets could be bought or sold in a current transaction between willing parties, the Company utilizes currently available market valuations of similar assets in its respective industries, often expressed as a given multiple of operating cash flow. The Company evaluated the ongoing value of its property and equipment and other long-lived assets during fiscal 2017, fiscal 2016, the Transition Period and fiscal 2015 and determined that there was no impact on the Company’s results of operations, other than the impairment charges discussed in Note 2. The Company recognizes identifiable assets acquired, liabilities assumed and noncontrolling interests assumed in an acquisition at their fair values at the acquisition date based upon all information available to it, including third-party appraisals. Acquisition-related costs, such as the due diligence and legal fees, are expensed as incurred. The excess of the acquisition cost over the fair value of the identifiable net assets is reported as goodwill. The Company reviews goodwill for impairment annually or more frequently if certain indicators arise. The Company performs its annual impairment test on the last day of its fiscal year. Consistent with the fiscal year change, the annual impairment testing has been changed to the last day of its new fiscal year-end. The Company believes performing the test at the end of the fiscal year is preferable as the test is predicated on qualitative factors which are developed and finalized near fiscal year-end. Goodwill is tested for impairment at a reporting unit level, determined to be at an operating segment level. When reviewing goodwill for impairment, the Company considers the amount of excess fair value over the carrying value of the reporting unit, the period of time since its last quantitative test, and other factors to determine whether or not to first perform a qualitative test. When performing a qualitative test, the Company assesses numerous factors to determine whether it is more likely than not that the fair value of its reporting unit is less than its carrying value. Examples of qualitative factors that the Company assesses include its share price, its financial performance, market and competitive factors in its industry, and other events specific to the reporting unit. If the Company concludes that it is more likely than not that the fair value of its reporting unit is less than its carrying value, the Company performs a two-step quantitative impairment test by comparing the carrying value of the reporting unit to the estimated fair value. No impairment was identified as of December 28, 2017 or December 29, 2016. The Company has never recorded a goodwill impairment loss. A summary of the Company’s goodwill activity is as follows: December 28, December 29, December 31, May 28, (in thousands) Balance at beginning of period $ 43,735 $ 44,220 $ 43,720 $ 43,858 Acquisition – – 581 – Sale (105) – – – Other – (347) – – Deferred tax adjustment (138) (138) (81) (138) Balance at end of period $ 43,492 $ 43,735 $ 44,220 $ 43,720 Capitalization of Interest - Debt Issuance Costs – 303,000 258,000 449,000 Trading securities are stated at fair value, with the change in fair value recorded as investment income or loss. Available for sale securities are stated at fair value, with unrealized gains and losses reported as a component of shareholders’ equity. The cost of securities sold is based upon the specific identification method. Realized gains and losses and declines in value judged to be other-than-temporary are included in investment income. The Company evaluates securities for other-than-temporary impairment on a periodic basis and principally considers the type of security, the severity of the decline in fair value, and the duration of the decline in fair value in determining whether a security’s decline in fair value is other-than-temporary. The Company had no investment losses from available for sale securities during fiscal 2017, fiscal 2016, the Transition Period or fiscal 2015. Revenue Recognition - card card 32,711,000 28,485,000 Other revenues include management fees for theatres and hotels under management agreements. The management fees are recognized as earned based on the terms of the agreements and include both base fees and incentive fees. Revenues do not include sales tax as the Company considers itself a pass-through conduit for collecting and remitting sales tax. The Company expenses all advertising and marketing costs as incurred. The Company uses a combination of insurance and self insurance mechanisms, including participation in captive insurance entities, to provide for the potential liabilities for certain risks, including workers’ compensation, healthcare benefits, general liability, property insurance, director and officers’ liability insurance, cyber liability, employment practices liability and business interruption. Liabilities associated with the risks that are retained by the company are not discounted and are estimated, in part, by considering historical claims experience, demographic factors and severity factors. - The Company recognizes deferred tax assets and liabilities based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities. Deferred tax assets represent items to be used as a tax deduction or credit in the future tax returns for which the Company has already properly recorded the tax benefit in the income statement. The Company regularly assesses the probability that the deferred tax asset balance will be recovered against future taxable income, taking into account such factors as earnings history, carryback and carryforward periods, and tax strategies. When the indications are that recovery is not probable, a valuation allowance is established against the deferred tax asset, increasing income tax expense in the year that conclusion is made. The Company assesses income tax positions and records tax benefits for all years subject to examination based upon management's evaluation of the facts, circumstances and information available at the reporting dates. For those tax positions where it is more-likely-than-not that a tax benefit will be sustained, the Company records the largest amount of tax benefit with a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. For those income tax positions where it is not more-likely-than-not that a tax benefit will be sustained, no tax benefit is recognized in the financial statements. See Note 9 - Income Taxes. Net earnings per share (EPS) of Common Stock and Class B Common Stock is computed using the two class method. Basic net earnings per share is computed by dividing net earnings by the weighted-average number of common shares outstanding. Diluted net earnings per share is computed by dividing net earnings by the weighted-average number of common shares outstanding, adjusted for the effect of dilutive stock options using the treasury method. Convertible Class B Common Stock is reflected on an if-converted basis. The computation of the diluted net earnings per share of Common Stock assumes the conversion of Class B Common Stock, while the diluted net earnings per share of Class B Common Stock does not assume the conversion of those shares. Holders of Common Stock are entitled to cash dividends per share equal to 110 Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands, except per share data) Numerator: Net earnings attributable to The Marcus Corporation $ 64,996 $ 37,902 $ 23,565 $ 23,995 Denominator: Denominator for basic EPS 27,789 27,551 27,609 27,421 Effect of dilutive employee stock options 614 406 308 266 Denominator for diluted EPS 28,403 27,957 27,917 27,687 Net earnings per share – Basic: Common Stock $ 2.42 $ 1.41 $ 0.88 $ 0.90 Class B Common Stock $ 2.17 $ 1.28 $ 0.80 $ 0.82 Net earnings per share- Diluted: Common Stock $ 2.29 $ 1.36 $ 0.84 $ 0.87 Class B Common Stock $ 2.13 $ 1.27 $ 0.79 $ 0.81 Options to purchase 250,000 14,000 456,000 434,000 31.20 31.55 23.37 31.55 December 28, 2017 December 29, 2016 (in thousands) Unrealized gain (loss) on available for sale investments $ (11) $ 3 Net unrecognized actuarial loss for pension obligation (7,414) (5,069) $ (7,425) $ (5,066) As of December 28, 2017, 7% of the Company’s employees were covered by a collective bargaining agreement, of which 1% are covered by an agreement that will expire in one year. As of December 29, 2016, 7% of the Company’s employees were covered by a collective bargaining agreement, of which 2% were covered by an agreement that expired within in one year. In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers Revenue from Contracts with Customers: Deferral of Effective Date, The Company has performed a review of the requirements of ASU 2014-09 and its related ASUs. In preparation for adoption of the new standard, the Company has reviewed its key revenue streams and related customer contracts and has applied the five-step model of the standard to these revenue streams and compared the results to its current accounting practices. The Company believes that the adoption of the new standard will primarily impact its accounting for its loyalty programs and internet ticket fee revenue. While the Company does not believe the adoption of ASU 2014-09 will have a material impact to its results of operations or cash flows, the Company does expect the new guidance to impact the classification of revenue and related expenses for certain items. We currently expect the following impacts: · In accordance with the new guidance, the portion of Theatre admission revenues, Theatre concession revenues and Food and beverage revenues attributable to loyalty points earned by customers will be deferred as a reduction of these revenues until reward redemption. Through December 28, 2017, the Company recorded the estimated incremental cost of redeeming loyalty points at the time they were earned in Advertising and marketing expense. The Company believes adoption of the standard will result in an immaterial reduction of Theatre admission revenues and a corresponding immaterial increase in Theatre concession revenues with an offsetting increase in other long-term liabilities based upon historical customer reward redemption patterns. · The Company currently records internet ticket fee revenues net of third-party commission or service fees. In accordance with ASU 2014-09, the Company believes that it is the principal (as opposed to agent) in the arrangement with third-party internet ticketing companies in regards to sale of internet tickets to customers, and therefore, expects to recognize ticket fee revenue based on a gross transaction price. This change will have the effect of increasing other revenues and other operating expense but will have no impact on net earnings or cash flows from operations. The Company expects to record a one-time cumulative effect reduction to retained earnings of approximately $3,500,000 during the first quarter of fiscal 2018 related to the adoption of ASU 2014-09. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230)- Restricted Cash 967,000 In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805) – Clarifying the Definition of a Business In January 2017, the FASB issued ASU No. 2017-04, Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment In February 2017, the FASB issued ASU No. 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20: Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets) In March 2017, the FASB issued ASU No. 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Benefit Cost In May 2017, the FASB issued ASU No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting Compensation - Stock Compensation In August 2017, the FASB issued ASU No. 2017-12, Targeted Improvements to Accounting for Hedging Activities Derivatives and Hedging (Topic 815)

Impairment Charge

Impairment Charge	12 Months Ended
	Dec. 28, 2017
Asset Impairment Charges [Abstract]
Impairment Charge	2. Impairment Charge In fiscal 2015, the Company determined that indicators of impairment were evident at a specific hotel location and that the sum of the estimated undiscounted future cash flows attributable to this asset was less than its carrying amount. As such, the Company evaluated the ongoing value of this asset and determined that the fair value, measured using Level 3 pricing inputs (estimated cash flows including estimated sale proceeds), was less than its carrying value and recorded a $ 2,600,000 319,000 7,737,000

Acquisition

Acquisition	12 Months Ended
	Dec. 28, 2017
Business Combinations [Abstract]
Acquisition	3. Acquisition On December 16, 2016, the Company acquired 14 owned and/or leased movie theatres, along with Ronnie’s Plaza 84,000 65,000,000 Business Combinations December 29, 2016 Changes December 28, 2017 Other current assets $ 1,408 $ - $ 1,408 Property and equipment (1) 80,205 11,433 91,638 Other (long-term assets) (2) 2,468 (946) 1,522 Accounts payable (1,031) - (1,031) Taxes other than income taxes (331) - (331) Other accrued liabilities (1,442) 245 (1,197) Capital lease obligations (17,511) (7,003) (24,514) Deferred income taxes - 71 71 Deferred compensation and other (3) - (3,800) (3,800) Total $ 63,766 $ - $ 63,776 (1) Amounts recorded for property and equipment include land, building, leasehold improvements and equipment, including capital lease assets (2) Amounts recorded for intangible assets include the value of in-place leases and favorable lease rights related to Ronnie’s Plaza (3) Amounts recorded in deferred compensation and other include unfavorable lease obligations The fair value measurement of tangible and intangible assets and liabilities were based on significant inputs not observable in the market and thus represent Level 3 measurements within the fair value measurement hierarchy. Level 3 fair market values were determined using a variety of information, including estimated future cash flows and market comparables. The acquired theatres contributed approximately $ 5,111,000 (450,000) 2,037,000 Assuming the Wehrenberg acquisition occurred at the beginning of fiscal 2016, unaudited pro forma revenues for the Company during fiscal 2016 would have been $ 607,934,000

Asset Sales

Asset Sales	12 Months Ended
	Dec. 28, 2017
Asset Sale [Abstract]
Asset Sales	4. Asset Sales On October 16, 2015, the Company sold the Hotel Phillips for a total purchase price of approximately $ 13,500,000 13,100,000 70,000 3,925,000 9,736,000 291,000 739,000 On October 20, 2017, the Company sold its 11 4,875,000

Additional Balance Sheet Inform

Additional Balance Sheet Information	12 Months Ended
	Dec. 28, 2017
Balance Sheet Related Disclosures [Abstract]
Additional Balance Sheet Information	5. Additional Balance Sheet Information December 28, 2017 December 29, 2016 (in thousands) Trade receivables, net of allowances of $161 and $204, respectively $ 11,247 $ 6,349 Other receivables 15,983 8,412 $ 27,230 $ 14,761 December 28, 2017 December 29, 2016 (in thousands) Land and improvements $ 146,887 $ 134,306 Buildings and improvements 759,166 699,828 Leasehold improvements 93,451 80,522 Furniture, fixtures and equipment 351,879 312,334 Construction in progress 5,269 19,698 1,356,652 1,246,688 Less accumulated depreciation and amortization 496,588 457,490 $ 860,064 $ 789,198 December 28, 2017 December 29, 2016 (in thousands) Favorable lease right $ 9,152 $ 9,486 Intangible assets 1,040 2,468 Split dollar life insurance policies 10,771 10,131 Other assets 12,318 14,009 $ 33,281 $ 36,094 The Company’s $ 13,353,000 40 334,000 4,201,000 3,867,000 The intangible assets include the value of in-place leases and favorable lease rights related to Ronnie’s Plaza

Long-Term Debt and Capital Leas

Long-Term Debt and Capital Lease Obligations	12 Months Ended
	Dec. 28, 2017
Debt Disclosure [Abstract]
Long-Term Debt and Capital Lease Obligations	6. Long-Term Debt and Capital Lease Obligations December 28, 2017 December 29, 2016 (in thousands, except payment data) Mortgage notes $ 40,543 $ 50,399 Senior notes 129,143 90,286 Unsecured term note due February 2025, with monthly principal and interest payments of $39,110, bearing interest at 5.75% 2,751 3,053 Revolving credit agreement 130,000 140,000 Debt issuance costs (608) (355) 301,829 283,383 Less current maturities, net of issuance costs 12,016 12,040 $ 289,813 $ 271,343 The mortgage notes, both fixed rate and adjustable, bear interest from 3.00 5.03 4.22 4.70 The $ 129,143,000 4.02 6.55 4.70 5.10 The Company has the ability to issue commercial paper through an agreement with a bank, up to a maximum of $ 35,000,000 At December 28, 2017, the Company had a revolving credit facility totaling $ 225,000,000 130,000,000 2.67 1.83 0.20 91,000,000 The Company’s loan agreements include, among other covenants, maintenance of certain financial ratios, including a debt-to-capitalization ratio and a fixed charge coverage ratio. The Company is in compliance with all financial debt covenants at December 28, 2017. Fiscal Year (in thousands) 2018 $ 12,016 2019 9,955 2020 24,429 2021 140,963 2022 11,014 Thereafter 103,452 $ 301,829 Interest paid, net of amounts capitalized, for fiscal 2017, fiscal 2016, the Transition Period and fiscal 2015 totaled $ 11,453,000 9,105,000 5,220,000 9,353,000 The Company utilizes derivatives principally to manage market risks and reduce its exposure resulting from fluctuations in interest rates. The Company formally documents all relationships between hedging instruments and hedged items, as well as its risk-management objectives and strategies for undertaking various hedge transactions. The Company entered into an interest rate swap agreement on February 28, 2013 covering $ 25,000,000 0.96 1.56 25,000,000 159,000 96,000 7,000 Subsequent to December 28, 2017, the Company entered into two interest rate swap agreements covering $ 50,000,000 25,000,000 2.559 25,000,000 2.687 Capital Lease Obligations - 45,510,000 34,471,000 28,294,000 Under the terms of the master licensing agreement, the Company made an initial one-time payment to CDF2. The Company expects that the balance of CDF2’s costs to deploy the systems will be covered primarily through the payment of virtual print fees (VPFs) from film distributors to CDF2 each time a digital movie is booked on one of the systems deployed on a Company screen. The Company agreed to make an average number of bookings of eligible digital movies on each screen on which a licensed system has been deployed to provide for a minimum level of VPFs paid by distributors (standard booking commitment) to CDF2. To the extent the VPFs paid by distributors are less than the standard booking commitment, the Company must make a shortfall payment to CDF2. Based upon the Company’s historical booking patterns, the Company does not expect to make any shortfall payments during the life of the agreement. Accounting Standards Codification No. 840, Leases 6,163,000 The Company’s capital lease obligation is being reduced as VPFs are paid by the film distributors to CDF2. The Company has recorded the reduction of the obligation associated with the payment of VPFs as a reduction of the interest related to the obligation and the amortization incurred related to the systems, as the payments represent a specific reimbursement of the cost of the systems by the studios. Based on the Company's expected minimum number of eligible movies to be booked, the Company expects the obligation to be reduced by at least $ 5,657,000 In conjunction with the Wehrenberg theatre acquisition (see Note 3), the Company became the obligor of several movie theatre and equipment leases with unaffiliated third parties that qualify for capital lease accounting. Included in buildings and improvements is $ 25,648,000 15,799,000 2,300,000 1,712,000 255,000 Aggregate minimum future lease payments under these capital leases, assuming the exercise of certain lease options, are as follows as of December 28, 2017: Fiscal Year Future Less Interest Principal (in thousands) 2018 $ 3,127 $ 1,214 $ 1,913 2019 3,125 1,118 2,007 2020 3,030 1,019 2,011 2021 2,731 930 1,801 2022 2,769 842 1,927 Thereafter 19,875 3,331 16,544 $ 34,657 $ 8,454 $ 26,203

Shareholders' Equity and Stock-

Shareholders' Equity and Stock-Based Compensation	12 Months Ended
	Dec. 28, 2017
Stock Holders Equity And Share Based Compensation [Abstract]
Stock Holders Equity And Share Based Compensation	7. Shareholders’ Equity and Stock-Based Compensation Shareholders may convert their shares of Class B Common Stock into shares of Common Stock at any time. Class B Common Stock shareholders are substantially restricted in their ability to transfer their Class B Common Stock. Holders of Common Stock are entitled to cash dividends per share equal to 110 Through December 28, 2017, the Company’s Board of Directors has approved the repurchase of up to 11,687,500 28,898 333,827 3,669 54,742 2,869,422 The Company’s Board of Directors has authorized the issuance of up to 750,000 440,967 Shareholders have approved the issuance of up to 4,937,500 40 60 80 100 Awarded shares of non-vested stock cumulatively vest either 25 50 75 100 50 100 1,151,589 Stock-based compensation, including stock options and non-vested stock awards, is expensed over the vesting period of the awards based on the grant date fair value. Year Ended Year Ended 31 Weeks Ended Year Ended Risk-free interest rate 2.08 – 2.20% 1.07 – 1.64% 1.30 – 2.13% 1.31 – 2.32% Dividend yield 2.10% 2.29% 2.26% 2.5% Volatility 34 – 43% 29 – 48% 36 – 48% 37 – 49% Expected life 7 – 8 years 4 – 9 years 4 – 9 years 4 – 9 years Total pre-tax stock-based compensation expense was $ 2,411,000 1,899,000 975,000 1,499,000 1,227,000 840,000 418,000 689,000 December 28, 2017 December 29, 2016 December 31, 2015 May 28, 2015 Weighted- Weighted- Weighted- Weighted Average Average Average Average Exercise Exercise Exercise Exercise Options Price Options Price Options Price Options Price (options in thousands) Outstanding at beginning of period 1,563 $ 15.94 1,707 $ 15.71 1,526 $ 14.75 1,566 $ 14.06 Granted 273 31.08 185 19.45 284 20.22 276 18.35 Exercised (133) 17.04 (245) 16.23 (68) 12.69 (215) 13.81 Forfeited (74) 22.37 (84) 18.21 (35) 16.25 (101) 15.87 Outstanding at end of period 1,629 18.08 1,563 15.94 1,707 15.71 1,526 14.75 Exercisable at end of period 988 $ 14.69 904 $ 14.28 961 $ 14.57 840 $ 14.90 Weighted-average fair value of $ 10.54 $ 5.94 $ 6.57 $ 5.98 Exercise prices for options outstanding as of December 28, 2017, ranged from $ 10.00 31.55 5.6 4.0 1,577,000 17.84 15,656,000 Exercise Price Range $10.00 to $13.13 to $18.35 to (options in thousands) Options outstanding 526 454 649 Weighted-average exercise price of options outstanding $ 12.13 $ 16.24 $ 24.19 Weighted-average remaining contractual life of options outstanding 4.2 3.5 8.3 Options exercisable 489 371 128 Weighted-average exercise price of options exercisable $ 12.06 $ 15.79 $ 21.49 The intrinsic value of options outstanding at December 28, 2017 was $ 15,854,000 12,410,000 1,770,000 1,676,000 485,000 1,181,000 3,861,000 3.4 December 28, 2017 December 29, 2016 December 31, 2015 May 28, 2015 Weighted- Weighted- Weighted- Weighted Average Average Average Average Fair Fair Fair Fair Shares Value Shares Value Shares Value Shares Value (options in thousands) Outstanding at beginning of period 143 $ 19.30 134 $ 16.54 114 $ 15.39 98 $ 13.61 Granted 37 29.12 36 24.54 34 19.24 30 19.38 Vested (36) 18.78 (25) 12.13 (14) 12.55 (14) 11.72 Forfeited (7) 22.86 (2) 18.72 – – – – Outstanding at end of period 137 21.94 143 19.30 134 16.54 114 15.39 The Company expenses awards of non-vested stock based on the fair value of the Company’s common stock at the date of grant. As of December 28, 2017, total remaining unearned compensation related to non-vested stock was $ 2,004,000 3.7

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 28, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Employee Benefit Plans	8. Employee Benefit Plans The Company has a qualified profit-sharing savings plan (401(k) plan) covering eligible employees. The 401(k) plan provides a matching contribution equal to 100% of the first 3% of compensation and 50% of the next 2% of compensation deposited by an employee into the 401(k) plan. Prior to fiscal 2017, the plan provided for a contribution of a minimum of 1 25 6 1 The Company also sponsors unfunded, nonqualified, defined-benefit and deferred compensation plans. The Company’s unfunded, nonqualified retirement plan includes two components. The first component is a defined-benefit plan that applies to certain participants. The second component applies to all other participants and provides an account-based supplemental retirement benefit. During fiscal 2016, the plan was amended with an effective date of January 1, 2017, which curtailed benefits to certain participants included in the account-based supplemental plan. The curtailment resulted in a pre-tax gain of $ 251,000 4,415,000 3,960,000 2,362,000 3,581,000 The Company recognizes actuarial losses and prior service costs related to its defined benefit plan in the consolidated balance sheets and recognizes changes in these amounts in the year in which changes occur through comprehensive income. December 28, December 29, (in thousands) Change in benefit obligation: Benefit obligation at beginning of period $ 32,523 $ 31,671 Service cost 765 865 Interest cost 1,356 1,406 Actuarial loss 4,244 82 Curtailment - (261) Benefits paid (1,249) (1,240) Benefit obligation at end of year $ 37,639 $ 32,523 Amounts recognized in the statement of financial position consist of: Current accrued benefit liability (included in Other accrued liabilities) $ (1,347) $ (1,252) Noncurrent accrued benefit liability (included in Deferred compensation and other) (36,292) (31,271) Total $ (37,639) $ (32,523) Amounts recognized in accumulated other comprehensive loss consist of: Net actuarial loss $ 12,874 $ 9,049 Prior service credit (579) (642) Total $ 12,295 $ 8,407 Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands) Net periodic pension cost: Service cost $ 765 $ 865 $ 459 $ 697 Interest cost 1,356 1,406 765 1,243 Net amortization of prior service cost and actuarial loss 356 364 211 326 Curtailment gain - (251) – – $ 2,477 $ 2,384 $ 1,435 $ 2,266 The $ 7,414,000 7,763,000 349,000 5,069,000 5,457,000 388,000 The accumulated benefit obligation was $ 31,769,000 28,151,000 The pre-tax change in the benefit obligation recognized in other comprehensive loss during fiscal 2017 consisted of the current year net actuarial loss of $ 4,244,000 420,000 64,000 82,000 442,000 329,000 261,000 620,000 684,000 64,000 December 28, 2017 December 29, 2016 Discount rate 3.60 % 4.15 % Rate of compensation increase 4.00 % 4.00 % The weighted-average assumptions used to determine net periodic benefit cost were as follows: Year Ended 31 Weeks December 28, December 29, December 31, Year Ended Discount rate 4.15 % 4.40 % 4.20 % 4.30 % Rate of compensation increase 4.00 % 4.00 % 4.00 % 4.00 % Fiscal Year (in thousands) 2018 $ 1,347 2019 1,480 2020 1,453 2021 1,476 2022 1,497 Years 2023 – 2027 11,045

Income Taxes

Income Taxes	12 Months Ended
	Dec. 28, 2017
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes December 28, 2017 December 29, 2016 (in thousands) Accrued employee benefits $ 13,736 $ 17,682 Depreciation and amortization (55,466) (67,897) Other 3,497 3,782 Net deferred tax liability $ (38,233) $ (46,433) The decrease in the Company’s net deferred tax liability is due to a $21,240,000 reduction in its net deferred tax liability resulting from the reduction in the corporate tax rate enacted in December 2017 under the Tax Cuts and Jobs Act of 2017. Excluding this favorable impact, the Company’s net deferred tax liability would have increased by $13,040,000. Year Ended 31 Weeks Ended Year Ended December 28, December 29, December 31, May 28, (in thousands) Current: Federal $ 8,707 $ 15,434 $ 12,688 $ 8,065 State 1,558 4,667 3,240 2,120 Deferred: Federal (7,155) 3,402 (829) 4,328 State 515 (509) (314) 1,165 $ 3,625 $ 22,994 $ 14,785 $ 15,678 Included in the deferred federal income tax amount is a $21,240,000 tax benefit related to the Tax Cut and Jobs Act of 2017. The Company’s effective income tax rate, adjusted for earnings from noncontrolling interests, for fiscal 2017, fiscal 2016, the Transition Period and fiscal 2015 was 5.3 37.8 38.6 39.5 Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, Statutory federal tax rate 35.0 % 35.0 % 35.0 % 35.0 % Tax benefit from Tax Cuts and Jobs Act of 2017 (30.9) % – – – State income taxes, net of federal income tax benefit 4.8 4.8 5.1 5.3 Tax credits, net of federal income tax benefit (0.8) (0.9) (1.0) (1.1) Other (2.8) (1.1) (0.5) 0.3 5.3 % 37.8 % 38.6 % 39.5 % Net income taxes paid in fiscal 2017, fiscal 2016, the Transition Period and fiscal 2015 totaled $ 23,691,000 25,017,000 8,270,000 10,918,000 The Company was able to make a reasonable estimate of the impact of the Tax Cuts and Jobs Act of 2017, including the reduction in the corporate tax rate and the provisions related to executive compensation and 100% bonus depreciation on qualifying property. However, given the Act's broad and complex changes, further clarification, interpretation and regulatory guidance could affect the assumptions the Company used in making its reasonable estimate. Following the guidance of the U.S. Securities and Exchange Commission's Staff Accounting Bulletin No. 118, any adjustments to the Company’s estimate will be reported as a component of income tax expense in 2018 and disclosed in the period when any such adjustments have been determined within the one-year measurement period. Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands) Balance at beginning of year $ 414 $ 414 $ 431 $ 102 Increases due to: Tax positions taken in prior years - - - 543 Tax positions taken in current year - - - - Decreases due to: Tax positions taken in prior years - - - - Settlements with taxing authorities - - (17) (214) Lapse of applicable statute of limitations (312) - - - Balance at end of year $ 102 $ 414 $ 414 $ 431 The Company’s total unrecognized tax benefits that, if recognized, would affect the Company’s effective tax rate were $ 67,000 54,000 130,000 50,000 153,000 108,000 89,000 The Company’s income tax return for the Transition Period is currently under examination by the Internal Revenue Service. During fiscal 2015, the Company settled an examination by the Internal Revenue Service of its income tax return for fiscal 2012. The Company's federal income tax returns are no longer subject to examination prior to fiscal 2015. With certain exceptions, the Company's state income tax returns are no longer subject to examination prior to fiscal 2014. At this time, the Company does not expect the results from any income tax audit or appeal to have a significant impact on the Company's financial statements. The Company does not expect its unrecognized tax benefits to change significantly over the next 12 months.

Commitments and License Rights

Commitments and License Rights	12 Months Ended
	Dec. 28, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and License Rights	10. Commitments and License Rights Lease Commitments - The Company leases real estate under various noncancellable operating leases with an initial term greater than one year that contain multiple renewal options, exercisable at the Company’s option. The Company recognizes rent expense on a straight-line basis over the expected lease term, including cancelable option periods where failure to exercise such options would result in an economic penalty. Percentage rentals are based on the revenues at the specific rented property. Rental payments on capital leases are not recorded in rent expense but are recorded as a reduction of the capital lease obligation and interest expense (see Note 6). Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands) Fixed minimum rentals $ 12,027 $ 7,707 $ 4,693 $ 8,064 Amortization of favorable lease right 334 334 194 334 Percentage rentals 708 343 153 193 Amortization of unfavorable leases (1,200) – – – 11,869 $ 8,384 $ 5,040 $ 8,591 Fiscal Year (in thousands) 2018 $ 11,426 2019 10,659 2020 9,356 2021 8,782 2022 9,016 Thereafter 71,841 $ 121,080 Commitments - The Company has commitments for the completion of construction at various properties totaling approximately $2,505,000 at December 28, 2017. License Rights - The Company has license rights to operate three hotels using the Hilton trademark, one hotel using the InterContinental trademark and two hotels using the Marriott trademark. Under the terms of the licenses, the Company is obligated to pay fees based on defined gross sales.

Joint Venture Transactions

Joint Venture Transactions	12 Months Ended
	Dec. 28, 2017
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Related Party Transactions Disclosure	11. Joint Venture Transactions At December 28, 2017 and December 29, 2016, the Company held investments with aggregate carrying values of $ 4,239,000 6,096,000

Business Segment Information

Business Segment Information	12 Months Ended
	Dec. 28, 2017
Segment Reporting [Abstract]
Business Segment Information	12. Business Segment Information The Company evaluates performance and allocates resources based on the operating income (loss) of each segment. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. Theatres Hotels/ Corporate Total (in thousands) Fiscal 2017 Revenues $ 401,291 $ 220,866 $ 557 $ 622,714 Operating income (loss) 80,319 12,748 (17,472) 75,595 Depreciation and amortization 33,448 17,912 359 51,719 Assets 637,723 313,942 66,132 1,017,797 Capital expenditures and acquisitions 93,676 20,604 524 114,804 Fiscal 2016 Revenues $ 328,165 $ 215,171 $ 528 $ 543,864 Operating income (loss) 71,754 14,604 (16,404) 69,954 Depreciation and amortization 24,570 16,895 367 41,832 Assets 561,755 311,738 37,773 911,266 Capital expenditures and acquisitions 132,509 14,650 213 147,372 31 Weeks Ended December 31, 2015 Revenues $ 182,845 $ 141,088 $ 334 $ 324,267 Operating income (loss) 37,162 17,331 (9,821) 44,672 Depreciation and amortization 13,215 10,387 213 23,815 Assets 435,862 328,455 40,384 804,701 Capital expenditures and acquisitions 27,984 16,428 40 44,452 Fiscal 2015 Revenues $ 269,155 $ 218,332 $ 580 $ 488,067 Operating income (loss) 53,467 10,331 (13,155) 50,643 Depreciation and amortization 20,141 17,930 290 38,361 Assets 424,740 334,211 46,521 805,472 Capital expenditures and acquisitions 49,789 23,610 1,589 74,988 Corporate items include amounts not allocable to the business segments. Corporate revenues consist principally of rent and the corporate operating loss includes general corporate expenses. Corporate information technology costs and accounting shared services costs are allocated to the business segments based upon several factors, including actual usage and segment revenues. Corporate assets primarily include cash and cash equivalents, investments, notes receivable and land held for development.

Unaudited Quarterly Financial I

Unaudited Quarterly Financial Information	12 Months Ended
	Dec. 28, 2017
Quarterly Financial Information Disclosure [Abstract]
Unaudited Quarterly Financial Information	13. Unaudited Quarterly Financial Information ( in thousands, except per share data 13 Weeks Ended Fiscal 2017 March 30, June 29, September 28, December 28, (1) Revenues $ 157,954 $ 152,775 $ 153,818 $ 158,167 Operating income 18,025 18,741 21,435 17,394 Net earnings attributable to The Marcus Corporation 9,453 10,124 10,978 34,441 Net earnings per common share – diluted $ 0.33 $ 0.36 $ 0.39 $ 1.21 13 Weeks Ended Fiscal 2016 March 31, June 30, September 29, December 29, Revenues $ 125,444 $ 134,978 $ 144,695 $ 138,747 Operating income 11,346 18,261 24,683 15,664 Net earnings attributable to The Marcus Corporation 5,452 9,336 14,372 8,742 Net earnings per common share – diluted $ 0.20 $ 0.34 $ 0.51 $ 0.31 13 Weeks Ended 5 Weeks Ended 31 Weeks Ended August 27, November 26, December 31, Revenues $ 149,190 $ 115,676 $ 59,401 Operating income 25,966 10,664 8,042 Net earnings attributable to The Marcus Corporation 14,651 4,945 3,969 Net earnings per common share – diluted $ 0.53 $ 0.18 $ 0.14 (1) The Company recorded a one-time income tax adjustment of $ 21,240

Unaudited Transition Period Com

Unaudited Transition Period Comparative Balances	12 Months Ended
	Dec. 28, 2017
Transition Period Comparative Balances [Abstract]
Transition Period Comparative Balances	14. Unaudited Transition Period Comparative Balances (in thousands, except per share data) In October 2015, the Company’s Board of Directors approved a change in the Company’s fiscal year-end from the last Thursday in May to the last Thursday in December. The Company reports on a 52/53 week year. The required 31-week transition period of May 29, 2015 to December 31, 2015 is included in these financial statements. In order to provide comparative results for the year ended December 29, 2016, the unaudited consolidated statement of earnings for the 53-week year ended December 31, 2015 is presented below. (unaudited) (unaudited) December 31, December 25, 2015 2014 REVENUES: Theatre admissions $ 176,251 $ 85,608 Rooms 109,857 69,897 Theatre concessions 115,081 52,872 Food and beverage 71,028 41,456 Other revenues 59,477 30,807 Total revenues 531,694 280,640 COSTS AND EXPENSES: Theatre operations 153,612 73,081 Rooms 42,408 25,104 Theatre concessions 32,279 14,711 Food and beverage 57,769 32,425 Advertising and marketing 23,929 16,178 Administrative 60,610 29,029 Depreciation and amortization 40,032 22,145 Rent 8,622 5,009 Property taxes 14,876 8,756 Other operating expenses 33,615 19,911 Impairment charge 2,919 - Total costs and expenses 470,671 246,349 OPERATING INCOME 61,023 34,291 OTHER INCOME (EXPENSE): Investment income 209 58 Interest expense (10,035) (5,824) Loss on disposition of property, equipment and other assets (1,233) (719) Equity losses from unconsolidated joint ventures, net (160) (63) (11,219) (6,548) EARNINGS BEFORE INCOME TAXES 49,804 27,743 INCOME TAXES 19,415 11,043 NET EARNINGS 30,389 16,700 NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS (393) (82) NET EARNINGS ATTRIBUTABLE TO THE MARCUS CORPORATION $ 30,782 $ 16,782 NET EARNINGS PER SHARE - BASIC: Common Stock $ 1.15 $ 0.63 Class B Common Stock 1.04 0.57 NET EARNINGS PER SHARE - DILUTED: Common Stock $ 1.10 $ 0.61 Class B Common Stock 1.03 0.57

Description of Business and S24

Description of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 28, 2017
Accounting Policies [Abstract]
Basis of Presentation	Description of Business - The Marcus Corporation and its subsidiaries (the “Company”) operate principally in two business segments: Theatres: Operates multiscreen motion picture theatres in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota and Ohio, a family entertainment center in Wisconsin and a retail center in Missouri. Hotels and Resorts: Owns and operates full service hotels and resorts in Wisconsin, Illinois, Oklahoma and Nebraska and manages full service hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, California and North Carolina.
Principles of Consolidation	Principles of Consolidation - The consolidated financial statements include the accounts of The Marcus Corporation and all of its subsidiaries, including a 50% owned joint venture entity in which the Company has a controlling financial interest. The Company has ownership interests greater than 50% in one joint venture that is considered a Variable Interest Entity (VIE) that is also included in the accounts of the Company. The Company is the primary beneficiary of the VIE and the Company’s interest is considered a majority voting interest. The equity interest of outside owners in consolidated entities is recorded as noncontrolling interests in the consolidated balance sheets, and their share of earnings is recorded as net earnings (losses) attributable to noncontrolling interests in the consolidated statements of earnings in accordance with the partnership agreements. In fiscal 2017, the Company purchased the noncontrolling interest of a joint venture from its former partner. Investments in affiliates which are 50 All intercompany accounts and transactions have been eliminated in consolidation.
Fiscal Year-End Change	Fiscal Years - In October 2015, the Company’s Board of Directors approved a change in the Company’s fiscal year-end from the last Thursday in May to the last Thursday in December. The Company reports on a 52/53-week year. In this Annual Report on Form 10-K, (1) references to fiscal 2017 refer to the 52-week year ended December 28, 2017, (2) references to fiscal 2016 refer to the 52-week year ended December 29, 2016, (3) references to the Transition Period refer to the 31 week transition period from May 29, 2015 to December 31, 2015, and (4) references to fiscal 2015 refer to the 52-week year ended May 28, 2015. Fiscal 2018 will be a 52-week year ending on December 27, 2018.
Use of Estimates	Use of Estimates - The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Cash Equivalents	Cash Equivalents - The Company considers all highly liquid investments with maturities of three months or less when purchased to be cash equivalents. Cash equivalents are carried at cost, which approximates fair value.
Restricted Cash	Restricted Cash
Fair Value Measurements	Fair Value Measurements - Certain financial assets and liabilities are recorded at fair value in the financial statements. Some are measured on a recurring basis while others are measured on a non-recurring basis. Financial assets and liabilities measured on a recurring basis are those that are adjusted to fair value each time a financial statement is prepared. Financial assets and liabilities measured on a non-recurring basis are those that are adjusted to fair value when a significant event occurs. A fair value measurement assumes that a transaction to sell an asset or transfer a liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The Company’s assets and liabilities measured at fair value are classified in one of the following categories: Level 1 - 70,000 93,000 3,983,000 . Level 2 - 13,000 6,000 . Level 3 - Assets or liabilities for which fair value is based on valuation models with significant unobservable pricing inputs and which result in the use of management estimates. At December 28, 2017 and December 29, 2016, none of the Company’s recorded assets or liabilities were valued using Level 3 pricing inputs, other than those discussed in Note 3. The carrying value of the Company’s financial instruments (including cash and cash equivalents, restricted cash, accounts receivable, notes receivable and accounts payable) approximates fair value. The fair value of the Company’s $ 129,143,000 125,188,000
Accounts and Notes Receivable	Accounts and Notes Receivable - The Company evaluates the collectibility of its accounts and notes receivable based on a number of factors. For larger accounts, an allowance for doubtful accounts is recorded based on the applicable parties’ ability and likelihood to pay based on management’s review of the facts. For all other accounts, the Company recognizes an allowance based on length of time the receivable is past due based on historical experience and industry practice.
Inventory	Inventory – Inventories, consisting of food and beverage and concession items, are stated at the lower of cost or market. Cost has been determined using the first-in, first-out method. Inventories of $4,062,000 and $4,437,000 as of December 28, 2017 and December 29, 2016, respectively, were included in other current assets.
Property and Equipment	Property and Equipment - The Company states property and equipment at cost. Major renewals and improvements are capitalized, while maintenance and repairs that do not improve or extend the lives of the respective assets are expensed currently. Included in property and equipment are assets related to capital leases. These assets are depreciated over the shorter of the estimated useful lives or related lease terms. Years Land improvements 10 - 20 Buildings and improvements 12 - 39 Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3 - 20 Depreciation expense totaled $ 51,542,000 42,085,000 23,893,000 38,368,000
Long-Lived Assets	Long-Lived Assets - The Company periodically considers whether indicators of impairment of long-lived assets held for use are present. If such indicators are present, the Company determines whether the sum of the estimated undiscounted future cash flows attributable to such assets is less than their carrying amounts. The Company recognizes any impairment losses based on the excess of the carrying amount of the assets over their fair value. For the purpose of determining fair value, defined as the amount at which an asset or group of assets could be bought or sold in a current transaction between willing parties, the Company utilizes currently available market valuations of similar assets in its respective industries, often expressed as a given multiple of operating cash flow. The Company evaluated the ongoing value of its property and equipment and other long-lived assets during fiscal 2017, fiscal 2016, the Transition Period and fiscal 2015 and determined that there was no impact on the Company’s results of operations, other than the impairment charges discussed in Note 2.
Acquisition	Acquisition - The Company recognizes identifiable assets acquired, liabilities assumed and noncontrolling interests assumed in an acquisition at their fair values at the acquisition date based upon all information available to it, including third-party appraisals. Acquisition-related costs, such as the due diligence and legal fees, are expensed as incurred. The excess of the acquisition cost over the fair value of the identifiable net assets is reported as goodwill.
Goodwill	Goodwill - The Company reviews goodwill for impairment annually or more frequently if certain indicators arise. The Company performs its annual impairment test on the last day of its fiscal year. Consistent with the fiscal year change, the annual impairment testing has been changed to the last day of its new fiscal year-end. The Company believes performing the test at the end of the fiscal year is preferable as the test is predicated on qualitative factors which are developed and finalized near fiscal year-end. Goodwill is tested for impairment at a reporting unit level, determined to be at an operating segment level. When reviewing goodwill for impairment, the Company considers the amount of excess fair value over the carrying value of the reporting unit, the period of time since its last quantitative test, and other factors to determine whether or not to first perform a qualitative test. When performing a qualitative test, the Company assesses numerous factors to determine whether it is more likely than not that the fair value of its reporting unit is less than its carrying value. Examples of qualitative factors that the Company assesses include its share price, its financial performance, market and competitive factors in its industry, and other events specific to the reporting unit. If the Company concludes that it is more likely than not that the fair value of its reporting unit is less than its carrying value, the Company performs a two-step quantitative impairment test by comparing the carrying value of the reporting unit to the estimated fair value. No impairment was identified as of December 28, 2017 or December 29, 2016. The Company has never recorded a goodwill impairment loss. A summary of the Company’s goodwill activity is as follows: December 28, December 29, December 31, May 28, (in thousands) Balance at beginning of period $ 43,735 $ 44,220 $ 43,720 $ 43,858 Acquisition – – 581 – Sale (105) – – – Other – (347) – – Deferred tax adjustment (138) (138) (81) (138) Balance at end of period $ 43,492 $ 43,735 $ 44,220 $ 43,720
Capitalization of Interest	Capitalization of Interest - The Company capitalizes interest during construction periods by adding such interest to the cost of constructed assets. Interest of approximately $400,000, $277,000, $32,000 and $194,000 was capitalized in fiscal 2017, fiscal 2016, the Transition Period and fiscal 2015, respectively.
Debt Issuance Costs	Debt Issuance Costs – The Company records debt issuance costs on long-term debt as a direct deduction from the related debt liability. Debt issuance costs related to the Company’s revolving credit facility are included in other long-term assets. Debt issuance costs are deferred and amortized over the term of the related debt agreements. Amortization of debt issuance costs totaled $308,000, $303,000, $258,000 and $449,000 for fiscal 2017, fiscal 2016, the Transition Period and fiscal 2015, respectively, and were included in interest expense on the consolidated statements of earnings.
Investments	Investments - Trading securities are stated at fair value, with the change in fair value recorded as investment income or loss. Available for sale securities are stated at fair value, with unrealized gains and losses reported as a component of shareholders’ equity. The cost of securities sold is based upon the specific identification method. Realized gains and losses and declines in value judged to be other-than-temporary are included in investment income. The Company evaluates securities for other-than-temporary impairment on a periodic basis and principally considers the type of security, the severity of the decline in fair value, and the duration of the decline in fair value in determining whether a security’s decline in fair value is other-than-temporary. The Company had no investment losses from available for sale securities during fiscal 2017, fiscal 2016, the Transition Period or fiscal 2015.
Revenue Recognition	Revenue Recognition - Other revenues include management fees for theatres and hotels under management agreements. The management fees are recognized as earned based on the terms of the agreements and include both base fees and incentive fees. Revenues do not include sales tax as the Company considers itself a pass-through conduit for collecting and remitting sales tax.
Advertising and Marketing Costs	Advertising and Marketing Costs - The Company expenses all advertising and marketing costs as incurred.
Insurance Reserves	Insurance Reserves - The Company uses a combination of insurance and self insurance mechanisms, including participation in captive insurance entities, to provide for the potential liabilities for certain risks, including workers’ compensation, healthcare benefits, general liability, property insurance, director and officers’ liability insurance, cyber liability, employment practices liability and business interruption. Liabilities associated with the risks that are retained by the company are not discounted and are estimated, in part, by considering historical claims experience, demographic factors and severity factors.
Income Taxes	Income Taxes - The Company recognizes deferred tax assets and liabilities based on the differences between the financial statement carrying amounts and the tax basis of assets and liabilities. Deferred tax assets represent items to be used as a tax deduction or credit in the future tax returns for which the Company has already properly recorded the tax benefit in the income statement. The Company regularly assesses the probability that the deferred tax asset balance will be recovered against future taxable income, taking into account such factors as earnings history, carryback and carryforward periods, and tax strategies. When the indications are that recovery is not probable, a valuation allowance is established against the deferred tax asset, increasing income tax expense in the year that conclusion is made. The Company assesses income tax positions and records tax benefits for all years subject to examination based upon management's evaluation of the facts, circumstances and information available at the reporting dates. For those tax positions where it is more-likely-than-not that a tax benefit will be sustained, the Company records the largest amount of tax benefit with a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. For those income tax positions where it is not more-likely-than-not that a tax benefit will be sustained, no tax benefit is recognized in the financial statements. See Note 9 - Income Taxes.
Earnings Per Share	Earnings Per Share - Net earnings per share (EPS) of Common Stock and Class B Common Stock is computed using the two class method. Basic net earnings per share is computed by dividing net earnings by the weighted-average number of common shares outstanding. Diluted net earnings per share is computed by dividing net earnings by the weighted-average number of common shares outstanding, adjusted for the effect of dilutive stock options using the treasury method. Convertible Class B Common Stock is reflected on an if-converted basis. The computation of the diluted net earnings per share of Common Stock assumes the conversion of Class B Common Stock, while the diluted net earnings per share of Class B Common Stock does not assume the conversion of those shares. Holders of Common Stock are entitled to cash dividends per share equal to 110 Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands, except per share data) Numerator: Net earnings attributable to The Marcus Corporation $ 64,996 $ 37,902 $ 23,565 $ 23,995 Denominator: Denominator for basic EPS 27,789 27,551 27,609 27,421 Effect of dilutive employee stock options 614 406 308 266 Denominator for diluted EPS 28,403 27,957 27,917 27,687 Net earnings per share – Basic: Common Stock $ 2.42 $ 1.41 $ 0.88 $ 0.90 Class B Common Stock $ 2.17 $ 1.28 $ 0.80 $ 0.82 Net earnings per share- Diluted: Common Stock $ 2.29 $ 1.36 $ 0.84 $ 0.87 Class B Common Stock $ 2.13 $ 1.27 $ 0.79 $ 0.81 Options to purchase 250,000 14,000 456,000 434,000 31.20 31.55 23.37 31.55
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss – December 28, 2017 December 29, 2016 (in thousands) Unrealized gain (loss) on available for sale investments $ (11) $ 3 Net unrecognized actuarial loss for pension obligation (7,414) (5,069) $ (7,425) $ (5,066)
Concentration of Risk	Concentration of Risk - As of December 28, 2017, 7% of the Company’s employees were covered by a collective bargaining agreement, of which 1% are covered by an agreement that will expire in one year. As of December 29, 2016, 7% of the Company’s employees were covered by a collective bargaining agreement, of which 2% were covered by an agreement that expired within in one year.
New Accounting Pronouncements	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers Revenue from Contracts with Customers: Deferral of Effective Date, The Company has performed a review of the requirements of ASU 2014-09 and its related ASUs. In preparation for adoption of the new standard, the Company has reviewed its key revenue streams and related customer contracts and has applied the five-step model of the standard to these revenue streams and compared the results to its current accounting practices. The Company believes that the adoption of the new standard will primarily impact its accounting for its loyalty programs and internet ticket fee revenue. While the Company does not believe the adoption of ASU 2014-09 will have a material impact to its results of operations or cash flows, the Company does expect the new guidance to impact the classification of revenue and related expenses for certain items. We currently expect the following impacts: · In accordance with the new guidance, the portion of Theatre admission revenues, Theatre concession revenues and Food and beverage revenues attributable to loyalty points earned by customers will be deferred as a reduction of these revenues until reward redemption. Through December 28, 2017, the Company recorded the estimated incremental cost of redeeming loyalty points at the time they were earned in Advertising and marketing expense. The Company believes adoption of the standard will result in an immaterial reduction of Theatre admission revenues and a corresponding immaterial increase in Theatre concession revenues with an offsetting increase in other long-term liabilities based upon historical customer reward redemption patterns. · The Company currently records internet ticket fee revenues net of third-party commission or service fees. In accordance with ASU 2014-09, the Company believes that it is the principal (as opposed to agent) in the arrangement with third-party internet ticketing companies in regards to sale of internet tickets to customers, and therefore, expects to recognize ticket fee revenue based on a gross transaction price. This change will have the effect of increasing other revenues and other operating expense but will have no impact on net earnings or cash flows from operations. The Company expects to record a one-time cumulative effect reduction to retained earnings of approximately $3,500,000 during the first quarter of fiscal 2018 related to the adoption of ASU 2014-09. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230)- Restricted Cash 967,000 In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805) – Clarifying the Definition of a Business In January 2017, the FASB issued ASU No. 2017-04, Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment In February 2017, the FASB issued ASU No. 2017-05, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20: Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets) In March 2017, the FASB issued ASU No. 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Benefit Cost In May 2017, the FASB issued ASU No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting Compensation - Stock Compensation In August 2017, the FASB issued ASU No. 2017-12, Targeted Improvements to Accounting for Hedging Activities Derivatives and Hedging (Topic 815)

Description of Business and S25

Description of Business and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 28, 2017
Accounting Policies [Abstract]
Schedule Of Depreciation And Amortization Of Property And Equipment	Years Land improvements 10 - 20 Buildings and improvements 12 - 39 Leasehold improvements 3 - 40 Furniture, fixtures and equipment 3 - 20
Schedule of Goodwill	December 28, December 29, December 31, May 28, (in thousands) Balance at beginning of period $ 43,735 $ 44,220 $ 43,720 $ 43,858 Acquisition – – 581 – Sale (105) – – – Other – (347) – – Deferred tax adjustment (138) (138) (81) (138) Balance at end of period $ 43,492 $ 43,735 $ 44,220 $ 43,720
Schedule of Earnings Per Share, Basic and Diluted	The following table illustrates the computation of Common Stock and Class B Common Stock basic and diluted net earnings per share and provides a reconciliation of the number of weighted-average basic and diluted shares outstanding: Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands, except per share data) Numerator: Net earnings attributable to The Marcus Corporation $ 64,996 $ 37,902 $ 23,565 $ 23,995 Denominator: Denominator for basic EPS 27,789 27,551 27,609 27,421 Effect of dilutive employee stock options 614 406 308 266 Denominator for diluted EPS 28,403 27,957 27,917 27,687 Net earnings per share – Basic: Common Stock $ 2.42 $ 1.41 $ 0.88 $ 0.90 Class B Common Stock $ 2.17 $ 1.28 $ 0.80 $ 0.82 Net earnings per share- Diluted: Common Stock $ 2.29 $ 1.36 $ 0.84 $ 0.87 Class B Common Stock $ 2.13 $ 1.27 $ 0.79 $ 0.81
Schedule of Accumulated Other Comprehensive Income (Loss)	Accumulated other comprehensive loss presented in the accompanying consolidated balance sheets consists of the following, all presented net of tax: December 28, 2017 December 29, 2016 (in thousands) Unrealized gain (loss) on available for sale investments $ (11) $ 3 Net unrecognized actuarial loss for pension obligation (7,414) (5,069) $ (7,425) $ (5,066)

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Dec. 28, 2017
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following is a summary of the allocation of the purchase price: December 29, 2016 Changes December 28, 2017 Other current assets $ 1,408 $ - $ 1,408 Property and equipment (1) 80,205 11,433 91,638 Other (long-term assets) (2) 2,468 (946) 1,522 Accounts payable (1,031) - (1,031) Taxes other than income taxes (331) - (331) Other accrued liabilities (1,442) 245 (1,197) Capital lease obligations (17,511) (7,003) (24,514) Deferred income taxes - 71 71 Deferred compensation and other (3) - (3,800) (3,800) Total $ 63,766 $ - $ 63,776 (1) Amounts recorded for property and equipment include land, building, leasehold improvements and equipment, including capital lease assets (2) Amounts recorded for intangible assets include the value of in-place leases and favorable lease rights related to Ronnie’s Plaza (3) Amounts recorded in deferred compensation and other include unfavorable lease obligations

Additional Balance Sheet Info27

Additional Balance Sheet Information (Tables)	12 Months Ended
	Dec. 28, 2017
Balance Sheet Related Disclosures [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	December 28, 2017 December 29, 2016 (in thousands) Trade receivables, net of allowances of $161 and $204, respectively $ 11,247 $ 6,349 Other receivables 15,983 8,412 $ 27,230 $ 14,761
Schedule of Property, Plant and Equipment	The composition of property and equipment, which is stated at cost, is as follows: December 28, 2017 December 29, 2016 (in thousands) Land and improvements $ 146,887 $ 134,306 Buildings and improvements 759,166 699,828 Leasehold improvements 93,451 80,522 Furniture, fixtures and equipment 351,879 312,334 Construction in progress 5,269 19,698 1,356,652 1,246,688 Less accumulated depreciation and amortization 496,588 457,490 $ 860,064 $ 789,198
Schedule of Other Assets	The composition of other assets is as follows: December 28, 2017 December 29, 2016 (in thousands) Favorable lease right $ 9,152 $ 9,486 Intangible assets 1,040 2,468 Split dollar life insurance policies 10,771 10,131 Other assets 12,318 14,009 $ 33,281 $ 36,094

Long-Term Debt and Capital Le28

Long-Term Debt and Capital Lease Obligations (Tables)	12 Months Ended
	Dec. 28, 2017
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt is summarized as follows: December 28, 2017 December 29, 2016 (in thousands, except payment data) Mortgage notes $ 40,543 $ 50,399 Senior notes 129,143 90,286 Unsecured term note due February 2025, with monthly principal and interest payments of $39,110, bearing interest at 5.75% 2,751 3,053 Revolving credit agreement 130,000 140,000 Debt issuance costs (608) (355) 301,829 283,383 Less current maturities, net of issuance costs 12,016 12,040 $ 289,813 $ 271,343
Schedule of Maturities of Long-term Debt	Scheduled annual principal payments on long-term debt, net of amortization of debt issuance costs, for the years subsequent to December 28, 2017, are: Fiscal Year (in thousands) 2018 $ 12,016 2019 9,955 2020 24,429 2021 140,963 2022 11,014 Thereafter 103,452 $ 301,829
Schedule of Future Minimum Lease Payments for Capital Leases	Aggregate minimum future lease payments under these capital leases, assuming the exercise of certain lease options, are as follows as of December 28, 2017: Fiscal Year Future Less Interest Principal (in thousands) 2018 $ 3,127 $ 1,214 $ 1,913 2019 3,125 1,118 2,007 2020 3,030 1,019 2,011 2021 2,731 930 1,801 2022 2,769 842 1,927 Thereafter 19,875 3,331 16,544 $ 34,657 $ 8,454 $ 26,203

Shareholders' Equity and Stoc29

Shareholders' Equity and Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 28, 2017
Stock Holders Equity And Share Based Compensation [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The Company estimated the fair value of stock options using the Black-Scholes option pricing model with the following assumptions used for awards granted during fiscal 2017, fiscal 2016, the Transition Period and fiscal 2015: Year Ended Year Ended 31 Weeks Ended Year Ended Risk-free interest rate 2.08 – 2.20% 1.07 – 1.64% 1.30 – 2.13% 1.31 – 2.32% Dividend yield 2.10% 2.29% 2.26% 2.5% Volatility 34 – 43% 29 – 48% 36 – 48% 37 – 49% Expected life 7 – 8 years 4 – 9 years 4 – 9 years 4 – 9 years
Schedule of Share-based Compensation, Stock Options, Activity	A summary of the Company’s stock option activity and related information follows: December 28, 2017 December 29, 2016 December 31, 2015 May 28, 2015 Weighted- Weighted- Weighted- Weighted Average Average Average Average Exercise Exercise Exercise Exercise Options Price Options Price Options Price Options Price (options in thousands) Outstanding at beginning of period 1,563 $ 15.94 1,707 $ 15.71 1,526 $ 14.75 1,566 $ 14.06 Granted 273 31.08 185 19.45 284 20.22 276 18.35 Exercised (133) 17.04 (245) 16.23 (68) 12.69 (215) 13.81 Forfeited (74) 22.37 (84) 18.21 (35) 16.25 (101) 15.87 Outstanding at end of period 1,629 18.08 1,563 15.94 1,707 15.71 1,526 14.75 Exercisable at end of period 988 $ 14.69 904 $ 14.28 961 $ 14.57 840 $ 14.90 Weighted-average fair value of $ 10.54 $ 5.94 $ 6.57 $ 5.98
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range	Exercise Price Range $10.00 to $13.13 to $18.35 to (options in thousands) Options outstanding 526 454 649 Weighted-average exercise price of options outstanding $ 12.13 $ 16.24 $ 24.19 Weighted-average remaining contractual life of options outstanding 4.2 3.5 8.3 Options exercisable 489 371 128 Weighted-average exercise price of options exercisable $ 12.06 $ 15.79 $ 21.49
Schedule of Nonvested Share Activity	A summary of the Company’s non-vested stock activity and related information follows: December 28, 2017 December 29, 2016 December 31, 2015 May 28, 2015 Weighted- Weighted- Weighted- Weighted Average Average Average Average Fair Fair Fair Fair Shares Value Shares Value Shares Value Shares Value (options in thousands) Outstanding at beginning of period 143 $ 19.30 134 $ 16.54 114 $ 15.39 98 $ 13.61 Granted 37 29.12 36 24.54 34 19.24 30 19.38 Vested (36) 18.78 (25) 12.13 (14) 12.55 (14) 11.72 Forfeited (7) 22.86 (2) 18.72 – – – – Outstanding at end of period 137 21.94 143 19.30 134 16.54 114 15.39

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 28, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Schedule of Changes in Projected Benefit Obligations	December 28, December 29, (in thousands) Change in benefit obligation: Benefit obligation at beginning of period $ 32,523 $ 31,671 Service cost 765 865 Interest cost 1,356 1,406 Actuarial loss 4,244 82 Curtailment - (261) Benefits paid (1,249) (1,240) Benefit obligation at end of year $ 37,639 $ 32,523 Amounts recognized in the statement of financial position consist of: Current accrued benefit liability (included in Other accrued liabilities) $ (1,347) $ (1,252) Noncurrent accrued benefit liability (included in Deferred compensation and other) (36,292) (31,271) Total $ (37,639) $ (32,523) Amounts recognized in accumulated other comprehensive loss consist of: Net actuarial loss $ 12,874 $ 9,049 Prior service credit (579) (642) Total $ 12,295 $ 8,407
Schedule of Net Periodic Benefit Cost Not yet Recognized	Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands) Net periodic pension cost: Service cost $ 765 $ 865 $ 459 $ 697 Interest cost 1,356 1,406 765 1,243 Net amortization of prior service cost and actuarial loss 356 364 211 326 Curtailment gain - (251) – – $ 2,477 $ 2,384 $ 1,435 $ 2,266
Schedule of Assumptions Used	The weighted-average assumptions used to determine the benefit obligations as of the measurement dates were as follows: December 28, 2017 December 29, 2016 Discount rate 3.60 % 4.15 % Rate of compensation increase 4.00 % 4.00 % The weighted-average assumptions used to determine net periodic benefit cost were as follows: Year Ended 31 Weeks December 28, December 29, December 31, Year Ended Discount rate 4.15 % 4.40 % 4.20 % 4.30 % Rate of compensation increase 4.00 % 4.00 % 4.00 % 4.00 %
Schedule of Expected Benefit Payments	Benefit payments expected to be paid subsequent to December 28, 2017, are: Fiscal Year (in thousands) 2018 $ 1,347 2019 1,480 2020 1,453 2021 1,476 2022 1,497 Years 2023 – 2027 11,045

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 28, 2017
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	The components of the net deferred tax liability are as follows: December 28, 2017 December 29, 2016 (in thousands) Accrued employee benefits $ 13,736 $ 17,682 Depreciation and amortization (55,466) (67,897) Other 3,497 3,782 Net deferred tax liability $ (38,233) $ (46,433)
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense consists of the following: Year Ended 31 Weeks Ended Year Ended December 28, December 29, December 31, May 28, (in thousands) Current: Federal $ 8,707 $ 15,434 $ 12,688 $ 8,065 State 1,558 4,667 3,240 2,120 Deferred: Federal (7,155) 3,402 (829) 4,328 State 515 (509) (314) 1,165 $ 3,625 $ 22,994 $ 14,785 $ 15,678
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the statutory federal tax rate to the effective tax rate on earnings attributable to The Marcus Corporation follows: Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, Statutory federal tax rate 35.0 % 35.0 % 35.0 % 35.0 % Tax benefit from Tax Cuts and Jobs Act of 2017 (30.9) % – – – State income taxes, net of federal income tax benefit 4.8 4.8 5.1 5.3 Tax credits, net of federal income tax benefit (0.8) (0.9) (1.0) (1.1) Other (2.8) (1.1) (0.5) 0.3 5.3 % 37.8 % 38.6 % 39.5 %
Schedule of Unrecognized Tax Benefits Roll Forward	A reconciliation of the beginning and ending gross amounts of unrecognized tax benefit are as follows: Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands) Balance at beginning of year $ 414 $ 414 $ 431 $ 102 Increases due to: Tax positions taken in prior years - - - 543 Tax positions taken in current year - - - - Decreases due to: Tax positions taken in prior years - - - - Settlements with taxing authorities - - (17) (214) Lapse of applicable statute of limitations (312) - - - Balance at end of year $ 102 $ 414 $ 414 $ 431

Commitments and License Rights

Commitments and License Rights (Tables)	12 Months Ended
	Dec. 28, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Rent expense charged to operations under operating leases was as follows: Year Ended 31 Weeks Year Ended December 28, December 29, December 31, May 28, (in thousands) Fixed minimum rentals $ 12,027 $ 7,707 $ 4,693 $ 8,064 Amortization of favorable lease right 334 334 194 334 Percentage rentals 708 343 153 193 Amortization of unfavorable leases (1,200) – – – 11,869 $ 8,384 $ 5,040 $ 8,591
Schedule of Future Minimum Rental Payments for Operating Leases	Aggregate minimum rental commitments under long-term operating leases, assuming the exercise of certain lease options, are as follows at December 28, 2017: Fiscal Year (in thousands) 2018 $ 11,426 2019 10,659 2020 9,356 2021 8,782 2022 9,016 Thereafter 71,841 $ 121,080

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
	Dec. 28, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Theatres Hotels/ Corporate Total (in thousands) Fiscal 2017 Revenues $ 401,291 $ 220,866 $ 557 $ 622,714 Operating income (loss) 80,319 12,748 (17,472) 75,595 Depreciation and amortization 33,448 17,912 359 51,719 Assets 637,723 313,942 66,132 1,017,797 Capital expenditures and acquisitions 93,676 20,604 524 114,804 Fiscal 2016 Revenues $ 328,165 $ 215,171 $ 528 $ 543,864 Operating income (loss) 71,754 14,604 (16,404) 69,954 Depreciation and amortization 24,570 16,895 367 41,832 Assets 561,755 311,738 37,773 911,266 Capital expenditures and acquisitions 132,509 14,650 213 147,372 31 Weeks Ended December 31, 2015 Revenues $ 182,845 $ 141,088 $ 334 $ 324,267 Operating income (loss) 37,162 17,331 (9,821) 44,672 Depreciation and amortization 13,215 10,387 213 23,815 Assets 435,862 328,455 40,384 804,701 Capital expenditures and acquisitions 27,984 16,428 40 44,452 Fiscal 2015 Revenues $ 269,155 $ 218,332 $ 580 $ 488,067 Operating income (loss) 53,467 10,331 (13,155) 50,643 Depreciation and amortization 20,141 17,930 290 38,361 Assets 424,740 334,211 46,521 805,472 Capital expenditures and acquisitions 49,789 23,610 1,589 74,988

Unaudited Quarterly Financial34

Unaudited Quarterly Financial Information (Tables)	12 Months Ended
	Dec. 28, 2017
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	13 Weeks Ended Fiscal 2017 March 30, June 29, September 28, December 28, (1) Revenues $ 157,954 $ 152,775 $ 153,818 $ 158,167 Operating income 18,025 18,741 21,435 17,394 Net earnings attributable to The Marcus Corporation 9,453 10,124 10,978 34,441 Net earnings per common share – diluted $ 0.33 $ 0.36 $ 0.39 $ 1.21 13 Weeks Ended Fiscal 2016 March 31, June 30, September 29, December 29, Revenues $ 125,444 $ 134,978 $ 144,695 $ 138,747 Operating income 11,346 18,261 24,683 15,664 Net earnings attributable to The Marcus Corporation 5,452 9,336 14,372 8,742 Net earnings per common share – diluted $ 0.20 $ 0.34 $ 0.51 $ 0.31 13 Weeks Ended 5 Weeks Ended 31 Weeks Ended August 27, November 26, December 31, Revenues $ 149,190 $ 115,676 $ 59,401 Operating income 25,966 10,664 8,042 Net earnings attributable to The Marcus Corporation 14,651 4,945 3,969 Net earnings per common share – diluted $ 0.53 $ 0.18 $ 0.14 (1) The Company recorded a one-time income tax adjustment of $ 21,240

Unaudited Transition Period C35

Unaudited Transition Period Comparative Balances (Tables)	12 Months Ended
	Dec. 28, 2017
Transition Period Comparative Balances Disclosure [Abstract]
Schedule of Transition Period Comparative Balances	In order to provide comparative results for the 31-week transition period ended December 31, 2015, the unaudited consolidated statement of earnings for the 30-week period of May 30, 2014 to December 25, 2014 is also presented. (unaudited) (unaudited) December 31, December 25, 2015 2014 REVENUES: Theatre admissions $ 176,251 $ 85,608 Rooms 109,857 69,897 Theatre concessions 115,081 52,872 Food and beverage 71,028 41,456 Other revenues 59,477 30,807 Total revenues 531,694 280,640 COSTS AND EXPENSES: Theatre operations 153,612 73,081 Rooms 42,408 25,104 Theatre concessions 32,279 14,711 Food and beverage 57,769 32,425 Advertising and marketing 23,929 16,178 Administrative 60,610 29,029 Depreciation and amortization 40,032 22,145 Rent 8,622 5,009 Property taxes 14,876 8,756 Other operating expenses 33,615 19,911 Impairment charge 2,919 - Total costs and expenses 470,671 246,349 OPERATING INCOME 61,023 34,291 OTHER INCOME (EXPENSE): Investment income 209 58 Interest expense (10,035) (5,824) Loss on disposition of property, equipment and other assets (1,233) (719) Equity losses from unconsolidated joint ventures, net (160) (63) (11,219) (6,548) EARNINGS BEFORE INCOME TAXES 49,804 27,743 INCOME TAXES 19,415 11,043 NET EARNINGS 30,389 16,700 NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS (393) (82) NET EARNINGS ATTRIBUTABLE TO THE MARCUS CORPORATION $ 30,782 $ 16,782 NET EARNINGS PER SHARE - BASIC: Common Stock $ 1.15 $ 0.63 Class B Common Stock 1.04 0.57 NET EARNINGS PER SHARE - DILUTED: Common Stock $ 1.10 $ 0.61 Class B Common Stock 1.03 0.57

Description of Business and S36

Description of Business and Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 28, 2017
Land Improvements [Member] | Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Land Improvements [Member] | Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Building and Building Improvements [Member] | Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	12 years
Building and Building Improvements [Member] | Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	39 years
Leasehold Improvements [Member] | Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Leasehold Improvements [Member] | Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Furniture and Fixtures [Member] | Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	20 years

Description of Business and S37

Description of Business and Summary of Significant Accounting Policies (Details 1) - USD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Summary of Significant Accounting Policies [Line Items]
Balance at beginning of period	$ 43,720	$ 43,735	$ 44,220	$ 43,858
Acquisition	581	0	0	0
Sale	0	(105)	0	0
Other	0	0	(347)	0
Deferred tax adjustment	(81)	(138)	(138)	(138)
Balance at end of period	$ 44,220	$ 43,492	$ 43,735	$ 43,720

Description of Business and S38

Description of Business and Summary of Significant Accounting Policies (Details 2) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended											7 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	[1]	Sep. 28, 2017	Jun. 29, 2017	Mar. 30, 2017	Dec. 29, 2016	Sep. 29, 2016	Jun. 30, 2016	Mar. 31, 2016	Nov. 26, 2015	Aug. 27, 2015	Dec. 31, 2015	Dec. 25, 2014	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	May 28, 2015
Numerator:
Net earnings attributable to The Marcus Corporation	$ 3,969	$ 34,441		$ 10,978	$ 10,124	$ 9,453	$ 8,742	$ 14,372	$ 9,336	$ 5,452	$ 4,945	$ 14,651	$ 23,565	$ 16,782	$ 64,996	$ 37,902	$ 30,782	$ 23,995
Denominator:
Denominator for basic EPS													27,609		27,789	27,551		27,421
Effect of dilutive employee stock options													308		614	406		266
Denominator for diluted EPS													27,917		28,403	27,957		27,687
Common Stock [Member]
Net earnings per share - Basic:
Common Stock													$ 0.88	$ 0.63	$ 2.42	$ 1.41	$ 1.15	$ 0.9
Net earnings per share- Diluted:
Common Stock													0.84	0.61	2.29	1.36	1.1	0.87
Class B Common Stock [Member]
Net earnings per share - Basic:
Common Stock													0.8	0.57	2.17	1.28	1.04	0.82
Net earnings per share- Diluted:
Common Stock													$ 0.79	$ 0.57	$ 2.13	$ 1.27	$ 1.03	$ 0.81
[1]	The Company recorded a one-time income tax adjustment of $21,240 during the fourth quarter of fiscal 2017 related to the future lower federal tax rate resulting from the December 2017 signing of the Tax Cuts and Jobs Act of 2017.

Description of Business and S39

Description of Business and Summary of Significant Accounting Policies (Details 3) - USD ($) $ in Thousands	Dec. 28, 2017	Dec. 29, 2016
Summary of Significant Accounting Policies [Line Items]
Unrealized gain (loss) on available for sale investments	$ (11)	$ 3
Net unrecognized actuarial loss for pension obligation	(7,414)	(5,069)
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (7,425)	$ (5,066)

Description of Business and S40

Description of Business and Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended	7 Months Ended	12 Months Ended
	Mar. 29, 2018	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Summary of Significant Accounting Policies [Line Items]
Depreciation		$ 23,893,000	$ 51,542,000	$ 42,085,000	$ 38,368,000
Percentage Of Cash Dividends			110.00%
Senior Notes, Noncurrent			$ 129,143,000	90,286,000
Inventory, Net, Total			$ 4,062,000	4,437,000
Concentration Risk, Labor Subject to Collective Bargaining Arrangements			As of December 28, 2017, 7% of the Companys employees were covered by a collective bargaining agreement, of which 1% are covered by an agreement that will expire in one year. As of December 29, 2016, 7% of the Companys employees were covered by a collective bargaining agreement, of which 2% were covered by an agreement that expired within in one year.
Interest Costs Capitalized		32,000	$ 400,000	277,000	194,000
Amortization of Debt Issuance Costs		$ 258,000	308,000	303,000	$ 449,000
Deferred Revenue, Current			$ 32,711,000	$ 28,485,000
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		456,000	250,000	14,000	434,000
Decrease (increase) in restricted cash		$ (9,259,000)	$ 967,000	$ 12,553,000	$ (728,000)
Accounting Standards Update 2017-09 [Member]
Summary of Significant Accounting Policies [Line Items]
Operating Expenses			$ 1,712,000	$ 1,519,000
Accounting Standards Update 2014-09 [Member] | Scenario, Forecast [Member]
Summary of Significant Accounting Policies [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax	$ 3,500,000
Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Investment Option Exercise Price		$ 19.74	$ 31.20	$ 23.37	$ 18.34
Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Equity Method Investment, Ownership Percentage			50.00%
Investment Option Exercise Price		$ 23.37	$ 31.55	$ 31.55	$ 23.37
Corporate Joint Venture One [Member] | Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Ownership Interest In Joint Ventures			50.00%
Corporate Joint Venture Two [Member]
Summary of Significant Accounting Policies [Line Items]
Ownership Interest In Joint Ventures			50.00%
Fair Value, Inputs, Level 1 [Member]
Summary of Significant Accounting Policies [Line Items]
Available-for-sale Securities, Fair Value Disclosure			$ 70,000	$ 93,000
Trading Securities, Fair Value Disclosure			3,983,000	1,927,000
Fair Value, Inputs, Level 2 [Member]
Summary of Significant Accounting Policies [Line Items]
Interest Rate Fair Value Hedge Liability at Fair Value			13,000	$ 6,000
Senior Notes, Noncurrent			$ 125,188,000

Impairment Charge (Details Text

Impairment Charge (Details Textual)	12 Months Ended
	May 28, 2015USD ($)
Impairment Charge [Line Items]
Impaired Asset Fair Value	$ 7,737,000
Theatres [Member] | Fair Value, Inputs, Level 3 [Member]
Impairment Charge [Line Items]
Impairment of Real Estate	319,000
Hotels Resorts [Member] | Fair Value, Inputs, Level 3 [Member]
Impairment Charge [Line Items]
Impairment of Real Estate	$ 2,600,000

Acquisition (Details)

Acquisition (Details) - USD ($)		12 Months Ended
		Dec. 28, 2017	Dec. 29, 2016
Business Acquisition [Line Items]
Other current assets		$ 1,408	$ 1,408
Property and equipment	[1]	91,638	80,205
Other (long-term assets)	[2]	1,522	2,468
Accounts payable		(1,031)	(1,031)
Taxes other than income taxes		(331)	(331)
Other accrued liabilities		(1,197)	(1,442)
Capital lease obligations		(24,514)	(17,511)
Deferred income taxes		71	0
Deferred compensation and other	[3]	(3,800)	0
Total		63,776	$ 63,766
Changes, Property and equipment	[1]	11,433
Changes, Other (long-term assets)	[2]	(946)
Changes, Other accrued liabilities		245
Changes, Capital lease obligations		(7,003)
Changes, Deferred income taxes		71
Changes, Deferred compensation and other	[3]	$ (3,800)
[1]	Amounts recorded for property and equipment include land, building, leasehold improvements and equipment, including capital lease assets
[2]	Amounts recorded for intangible assets include the value of in-place leases and favorable lease rights related to Ronnie’s Plaza
[3]	Amounts recorded in deferred compensation and other include unfavorable lease obligations

Acquisition (Details Textual)

Acquisition (Details Textual) - Wehrenberg Theatres [Member]	1 Months Ended	12 Months Ended
	Dec. 16, 2016USD ($)ft²	Dec. 29, 2016USD ($)
Business Acquisition [Line Items]
Business Acquisition Revenue Reported By Acquired Entity		$ 5,111,000
Business Acquisition Operating Income Reported By Acquired Entity		(450,000)
Area of Land | ft²	84,000
Business Combination, Consideration Transferred	$ 65,000,000
Business Acquisition, Transaction Costs		2,037,000
Business Acquisition, Pro Forma Revenue		$ 607,934,000

Asset Sales (Details Textual)

Asset Sales (Details Textual) - USD ($)	1 Months Ended	3 Months Ended	7 Months Ended		12 Months Ended
	Oct. 16, 2015	Dec. 28, 2017	Dec. 31, 2015	Dec. 25, 2014	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	May 28, 2015	Oct. 20, 2017
Asset Sales [Line Items]
Gain (loss) on disposition of property, equipment and other assets			$ (490,000)	$ (719,000)	$ 3,981,000	$ (844,000)	$ (1,233,000)	$ (1,463,000)
Hotel Phillips Revenues			3,925,000					9,736,000
Hotel Phillips Operating Income (Loss)			291,000					739,000
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners									11.00%
Equity Method Investment, Realized Gain (Loss) on Disposal		$ 4,875,000
Proceeds From Sale Of Property Plant and Equipment			13,977,000		$ 4,524,000	$ 1,560,000		$ 226,000
Hotel Phillips [Member]
Asset Sales [Line Items]
Gain (loss) on disposition of property, equipment and other assets			$ (70,000)
Gross Proceeds Sale Of Property Plant And Equipment	$ 13,500,000
Proceeds From Sale Of Property Plant and Equipment	$ 13,100,000

Additional Balance Sheet Info45

Additional Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 28, 2017	Dec. 29, 2016
Trade receivables, net of allowances of $161 and $204, respectively	$ 11,247	$ 6,349
Other receivables	15,983	8,412
Accounts, Notes, Loans and Financing Receivable, Net, Current	$ 27,230	$ 14,761

Additional Balance Sheet Info46

Additional Balance Sheet Information (Details 1) - USD ($) $ in Thousands	Dec. 28, 2017	Dec. 29, 2016
Property, Plant and Equipment, Gross	$ 1,356,652	$ 1,246,688
Less accumulated depreciation and amortization	496,588	457,490
Property and equipment, net	860,064	789,198
Land and improvements [Member]
Property, Plant and Equipment, Gross	146,887	134,306
Buildings and improvements [Member]
Property, Plant and Equipment, Gross	759,166	699,828
Leasehold improvements [Member]
Property, Plant and Equipment, Gross	93,451	80,522
Furniture, fixtures and equipment [Member]
Property, Plant and Equipment, Gross	351,879	312,334
Construction in progress [Member]
Property, Plant and Equipment, Gross	$ 5,269	$ 19,698

Additional Balance Sheet Info47

Additional Balance Sheet Information (Details 2) - USD ($) $ in Thousands	Dec. 28, 2017	Dec. 29, 2016
Favorable lease right	$ 9,152	$ 9,486
Intangible assets	1,040	2,468
Split dollar life insurance policies	10,771	10,131
Other assets	12,318	14,009
Other Assets, Noncurrent	$ 33,281	$ 36,094

Additional Balance Sheet Info48

Additional Balance Sheet Information (Details Textual) - USD ($)	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Regulatory Asset, Amortization Period		40 years
Amortization Of Intangible Assets	$ 194,000	$ 334,000	$ 334,000	$ 334,000
Allowance for Doubtful Accounts Receivable		$ 161,000	204,000
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life		15 years
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life		1 year
Off-Market Favorable Lease [Member]
Amortization of Leased Asset		$ 13,353,000
Finite-Lived Intangible Assets, Accumulated Amortization		$ 4,201,000	$ 3,867,000

Long-Term Debt and Capital Le49

Long-Term Debt and Capital Lease Obligations (Details) - USD ($) $ in Thousands	Dec. 28, 2017	Dec. 29, 2016
Mortgage notes	$ 40,543	$ 50,399
Senior notes	129,143	90,286
Unsecured term note due February 2025, with monthly principal and interest payments of $39,110, bearing interest at 5.75%	2,751	3,053
Revolving credit agreement	130,000	140,000
Debt issuance costs	(608)	(355)
Long-term Debt, Total	301,829	283,383
Less current maturities, net of issuance costs	12,016	12,040
Long-term Debt, Excluding Current Maturities, Total	$ 289,813	$ 271,343

Long-Term Debt and Capital Le50

Long-Term Debt and Capital Lease Obligations (Details 1) - USD ($) $ in Thousands	Dec. 28, 2017	Dec. 29, 2016
2,018	$ 12,016
2,019	9,955
2,020	24,429
2,021	140,963
2,022	11,014
Thereafter	103,452
Long-term Debt	$ 301,829	$ 283,383

Long-Term Debt and Capital Le51

Long-Term Debt and Capital Lease Obligations (Details 2) $ in Thousands	Dec. 28, 2017USD ($)
Future Minimum Lease Payments, 2018	$ 3,127
Future Minimum Lease Payments, 2019	3,125
Future Minimum Lease Payments, 2020	3,030
Future Minimum Lease Payments, 2021	2,731
Future Minimum Lease Payments, 2022	2,769
Future Minimum Lease Payments, Thereafter	19,875
Future Minimum Lease Payments	34,657
Less Interest, 2018	1,214
Less Interest, 2019	1,118
Less Interest, 2020	1,019
Less Interest, 2021	930
Less Interest, 2022	842
Less Interest, Thereafter	3,331
Less Interest, Total	8,454
Principal, 2018	1,913
Principal, 2019	2,007
Principal, 2020	2,011
Principal, 2021	1,801
Principal, 2022	1,927
Principal, Thereafter	16,544
Principal, Total	$ 26,203

Long-Term Debt and Capital Le52

Long-Term Debt and Capital Lease Obligations (Details Textual) - USD ($)	1 Months Ended		7 Months Ended	12 Months Ended
	Mar. 29, 2018	Jun. 30, 2016	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015	Feb. 28, 2013
Debt Instrument, Periodic Payment, Total				$ 39,110
Senior Notes, Noncurrent				$ 129,143,000	$ 90,286,000
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate				5.75%
Line of Credit Facility, Commitment Fee Percentage				0.20%
Line of Credit Facility, Remaining Borrowing Capacity				$ 91,000,000
Interest Paid, Net			$ 5,220,000	11,453,000	9,105,000	$ 9,353,000
Derivative, Amount of Hedged Item							$ 25,000,000
Derivative Liability, Notional Amount				25,000,000
Derivative Instruments Loss Reclassified From Accumulated Income Effective Portion Net Of Tax		$ 96,000
Derivative Instruments, Loss Reclassified from Accumulated OCI into Income, Effective Portion		$ 159,000
Commitment Minimum Lease Payments				6,163,000
Obligation To Be Reduced In Next 12 Months				5,657,000
Line of Credit Facility, Current Borrowing Capacity				35,000,000
Digital Systems [Member]
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation				34,471,000	28,294,000
Capital Leases, Balance Sheet, Assets by Major Class, Net				45,510,000	45,510,000
Furniture and Fixtures [Member]
Capital Leased Assets, Gross				1,712,000	1,712,000
Capital Leases, Balance Sheet, Assets by Major Class, Net				255,000
Building and Building Improvements [Member]
Capital Leased Assets, Gross				25,648,000	$ 15,799,000
Capital Leases, Balance Sheet, Assets by Major Class, Net				$ 2,300,000
Subsequent Event [Member]
Derivative, Amount of Hedged Item	$ 50,000,000
Subsequent Event [Member] | First Interest Rate Swap [Member]
Derivative, Fixed Interest Rate	2.559%
Derivative, Notional Amount	$ 25,000,000
Derivative, Maturity Date	Mar. 1, 2021
Subsequent Event [Member] | Second Interest Rate Swap [Member]
Derivative, Fixed Interest Rate	2.687%
Derivative, Notional Amount	$ 25,000,000
Derivative, Maturity Date	Mar. 1, 2023
Senior Notes [Member]
Long-term Debt, Weighted Average Interest Rate				4.70%	5.10%
Minimum [Member] | Senior Notes [Member]
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate				4.02%
Maximum [Member] | Senior Notes [Member]
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate				6.55%
Revolving Credit Facility [Member]
Long-term Line of Credit				$ 130,000,000
Debt Instrument, Interest Rate, Effective Percentage				2.67%	1.83%
Credit Agreement [Member]
Line of Credit Facility, Maximum Borrowing Capacity				$ 225,000,000
Interest Rate Swap [Member]
Derivative, Fixed Interest Rate							0.96%
Derivative, Variable Interest Rate				1.56%
Decrease In Interest Expense				$ 7,000
Mortgage Notes [Member]
Debt, Weighted Average Interest Rate				4.22%	4.70%
Mortgage Notes [Member] | Minimum [Member]
Interest Rate of Unsecured Term Note				3.00%
Mortgage Notes [Member] | Maximum [Member]
Interest Rate of Unsecured Term Note				5.03%

Shareholders' Equity and Stoc53

Shareholders' Equity and Stock-Based Compensation (Details)	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Dividend yield	2.26%	2.10%	2.29%	2.50%
Maximum [Member]
Risk-free interest rate	2.13%	2.20%	1.64%	2.32%
Volatility	48.00%	43.00%	48.00%	49.00%
Expected life	9 years	8 years	9 years	9 years
Minimum [Member]
Risk-free interest rate	1.30%	2.08%	1.07%	1.31%
Volatility	36.00%	34.00%	29.00%	37.00%
Expected life	4 years	7 years	4 years	4 years

Shareholders' Equity and Stoc54

Shareholders' Equity and Stock-Based Compensation (Details 1) - $ / shares shares in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding
Outstanding at beginning of period	1,526	1,563	1,707	1,566
Granted	284	273	185	276
Exercised	(68)	(133)	(245)	(215)
Forfeited	(35)	(74)	(84)	(101)
Outstanding at end of period	1,707	1,629	1,563	1,526
Exercisable at end of period	961	988	904	840
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price
Outstanding at beginning of period	$ 14.75	$ 15.94	$ 15.71	$ 14.06
Granted	20.22	31.08	19.45	18.35
Exercised	12.69	17.04	16.23	13.81
Forfeited	16.25	22.37	18.21	15.87
Outstanding at end of period	15.71	18.08	15.94	14.75
Exercisable at end of period	14.57	14.69	14.28	14.9
Weighted-average fair value of options granted during the period	$ 6.57	$ 10.54	$ 5.94	$ 5.98

Shareholders' Equity and Stoc55

Shareholders' Equity and Stock-Based Compensation (Details 2) - $ / shares shares in Thousands	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	May 28, 2015	May 29, 2014
Options outstanding	1,629	1,563	1,707	1,526	1,566
Weighted-average exercise price of options outstanding	$ 18.08	$ 15.94	$ 15.71	$ 14.75	$ 14.06
Weighted-average remaining contractual life of options outstanding	5 years 7 months 6 days
Options exercisable	988	904	961	840
Weighted-average exercise price of options exercisable	$ 14.69	$ 14.28	$ 14.57	$ 14.9
Exercise Price Range 10.00 to 13.12
Options outstanding	526
Weighted-average exercise price of options outstanding	$ 12.13
Weighted-average remaining contractual life of options outstanding	4 years 2 months 12 days
Options exercisable	489
Weighted-average exercise price of options exercisable	$ 12.06
Exercise Price Range 13.13 to 18.34
Options outstanding	454
Weighted-average exercise price of options outstanding	$ 16.24
Weighted-average remaining contractual life of options outstanding	3 years 6 months
Options exercisable	371
Weighted-average exercise price of options exercisable	$ 15.79
Exercise Price Range 18.35 to 31.55
Options outstanding	649
Weighted-average exercise price of options outstanding	$ 24.19
Weighted-average remaining contractual life of options outstanding	8 years 3 months 18 days
Options exercisable	128
Weighted-average exercise price of options exercisable	$ 21.49

Shareholders' Equity and Stoc56

Shareholders' Equity and Stock-Based Compensation (Details 3) - $ / shares shares in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Shares, Outstanding at beginning of year	114	143	134	98
Shares, Granted	34	37	36	30
Shares, Vested	(14)	(36)	(25)	(14)
Shares, Forfeited	0	(7)	(2)	0
Shares, Outstanding at end of year	134	137	143	114
Weighted- Average Fair Value, Outstanding at beginning of year	$ 15.39	$ 19.3	$ 16.54	$ 13.61
Weighted- Average Fair Value, Granted	19.24	29.12	24.54	19.38
Weighted- Average Fair Value, Vested	12.55	18.78	12.13	11.72
Weighted- Average Fair Value, Forfeited	0	22.86	18.72	0
Weighted- Average Fair Value, Outstanding at end of year	$ 16.54	$ 21.94	$ 19.3	$ 15.39

Shareholders' Equity and Stoc57

Shareholders' Equity and Stock-Based Compensation (Details Textual) - USD ($)	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Preferred Stock, Dividend Rate, Percentage		110.00%
Stock Repurchase Program, Number of Shares Authorized to be Repurchased		11,687,500
Stock Repurchased During Period, Shares	3,669	28,898	333,827	54,742
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased		2,869,422
Share-based Goods and Nonemployee Services Transaction, Shares Approved for Issuance		4,937,500
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		750,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized		440,967
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant		1,151,589
Allocated Share-based Compensation Expense	$ 975,000	$ 2,411,000	$ 1,899,000	$ 1,499,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	418,000	$ 1,227,000	840,000	689,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term		5 years 7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term		4 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number		1,577,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price		$ 17.84
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value		$ 15,656,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value		15,854,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value		12,410,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 485,000	1,770,000	$ 1,676,000	$ 1,181,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options		$ 3,861,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		3 years 8 months 12 days
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options		$ 2,004,000
Minimum [Member]
Exercise Price for Options Outstanding		$ 10
Maximum [Member]
Exercise Price for Options Outstanding		$ 31.55
Employee Stock Option [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		3 years 4 months 24 days
After Two Years [Member]
Share Based Compensation Arrangement By Share Based Payment Award Options Grants in Period Exercisable Percentage		40.00%
After Three Years [Member]
Share Based Compensation Arrangement By Share Based Payment Award Options Grants in Period Exercisable Percentage		60.00%
After Three Years [Member] | Option One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		25.00%
After Three Years [Member] | Option Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		50.00%
After Four Years [Member]
Share Based Compensation Arrangement By Share Based Payment Award Options Grants in Period Exercisable Percentage		80.00%
After Five Years [Member]
Share Based Compensation Arrangement By Share Based Payment Award Options Grants in Period Exercisable Percentage		100.00%
After Five Years [Member] | Option One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		50.00%
After Five Years [Member] | Option Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		100.00%
After Ten Years [Member] | Option One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		75.00%
Upon Retirement [Member] | Option One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		100.00%

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016
Change in benefit obligation:
Benefit obligation at beginning of period	$ 32,523	$ 31,671
Service cost	765	865
Interest cost	1,356	1,406
Actuarial loss	4,244	82
Curtailment	0	(261)
Benefits paid	(1,249)	(1,240)
Benefit obligation at end of year	37,639	32,523
Amounts recognized in the statement of financial position consist of:
Current accrued benefit liability (included in Other accrued liabilities)	(1,347)	(1,252)
Noncurrent accrued benefit liability (included in Deferred compensation and other)	(36,292)	(31,271)
Total	(37,639)	(32,523)
Amounts recognized in accumulated other comprehensive loss consist of:
Net actuarial loss	12,874	9,049
Prior service credit	(579)	(642)
Total	$ 12,295	$ 8,407

Employee Benefit Plans (Detai59

Employee Benefit Plans (Details 1) - USD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Net periodic pension cost:
Service cost	$ 459	$ 765	$ 865	$ 697
Interest cost	765	1,356	1,406	1,243
Net amortization of prior service cost and actuarial loss	211	356	364	326
Curtailment gain	0	0	(251)	0
Total	$ 1,435	$ 2,477	$ 2,384	$ 2,266

Employee Benefit Plans (Detai60

Employee Benefit Plans (Details 2)	Dec. 28, 2017	Dec. 29, 2016
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.60%	4.15%
Rate of compensation increase	4.00%	4.00%

Employee Benefit Plans (Detai61

Employee Benefit Plans (Details 3)	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate	4.20%	4.15%	4.40%	4.30%
Rate of compensation increase	4.00%	4.00%	4.00%	4.00%

Employee Benefit Plans (Detai62

Employee Benefit Plans (Details 4) $ in Thousands	Dec. 28, 2017USD ($)
Defined Benefit Plan Disclosure [Line Items]
2,018	$ 1,347
2,019	1,480
2,020	1,453
2,021	1,476
2,022	1,497
Years 2023 - 2027	$ 11,045

Employee Benefit Plans (Detai63

Employee Benefit Plans (Details Textual) - USD ($)	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay		1.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Match		25.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent		6.00%
Defined Contribution Plan, Cost Recognized	$ 2,362,000	$ 4,415,000	$ 3,960,000	$ 3,581,000
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax		7,414,000	5,069,000
Defined Benefit Plan, Accumulated Other Comprehensive Income Net Prior Service Cost (Credit), after Tax		579,000	642,000
Defined Benefit Plan, Accumulated Benefit Obligation		31,769,000	28,151,000
Defined Benefit Plan, Actuarial Gain (Loss)		4,244,000	82,000
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), Net of Tax		420,000	329,000
Other Comprehensive (Income) Loss, Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), before Tax		64,000	261,000
Defined Benefit Plan, Accumulated Other Comprehensive Income Net Gains (Losses), after Tax		$ 12,874,000	9,049,000
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans		The 401(k) plan provides a matching contribution equal to 100% of the first 3% of compensation and 50% of the next 2% of compensation deposited by an employee into the 401(k) plan
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Curtailments	$ 0	$ 0	251,000	$ 0
Defined Benefit Plan, Plan Amendments		82,000
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Net of Tax		7,763,000	5,457,000
Defined Benefit Plan, Accumulated Other Comprehensive Income Net Prior Service Cost (Credit), after Tax		349,000	$ 388,000
Forecast [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Accumulated Other Comprehensive Income Net Prior Service Cost (Credit), after Tax		64,000
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, Net of Tax, Total		620,000
Defined Benefit Plan, Accumulated Other Comprehensive Income Net Gains (Losses), after Tax		$ 684,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	Dec. 28, 2017	Dec. 29, 2016
Noncurrent deferred income tax (liabilities) assets:
Accrued employee benefits	$ 13,736	$ 17,682
Depreciation and amortization	(55,466)	(67,897)
Other	3,497	3,782
Net deferred tax liability	$ (38,233)	$ (46,433)

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	7 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 25, 2014	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	May 28, 2015
Current:
Federal	$ 12,688		$ 8,707	$ 15,434		$ 8,065
State	3,240		1,558	4,667		2,120
Deferred:
Federal	(829)		(7,155)	3,402		4,328
State	(314)		515	(509)		1,165
Income Tax Expense (Benefit), Total	$ 14,785	$ 11,043	$ 3,625	$ 22,994	$ 19,415	$ 15,678

Income Taxes (Details 2)

Income Taxes (Details 2)	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Effective Income Tax Rate Reconciliation, Percent
Statutory federal tax rate	35.00%	35.00%	35.00%	35.00%
Tax benefit from Tax Cuts and Jobs Act of 2017	0.00%	(30.90%)	0.00%	0.00%
State income taxes, net of federal income tax benefit	5.10%	4.80%	4.80%	5.30%
Tax credits, net of federal income tax benefit	(1.00%)	(0.80%)	(0.90%)	(1.10%)
Other	(0.50%)	(2.80%)	(1.10%)	0.30%
Unrecognized tax benefits and related interest	38.60%	5.30%	37.80%	39.50%

Income Taxes (Details 3)

Income Taxes (Details 3) - USD ($) $ in Thousands	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Unrecognized Tax Benefits RollForward [Line Items]
Balance at beginning of year	$ 431	$ 414	$ 414	$ 102
Increases due to:
Tax positions taken in prior years	0	0	0	543
Tax positions taken in current year	0	0	0	0
Decreases due to:
Tax positions taken in prior years	0	0	0	0
Settlements with taxing authorities	(17)	0	0	(214)
Lapse of applicable statute of limitations	0	(312)	0	0
Balance at end of year	$ 414	$ 102	$ 414	$ 431

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	7 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016	May 28, 2015
Income Taxes [Line Items]
Effective Income Tax Rate	38.60%	5.30%	37.80%	39.50%
Income Taxes Paid, Net, Total	$ 8,270,000	$ 23,691,000	$ 25,017,000	$ 10,918,000
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	67,000	67,000	67,000	67,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total		54,000	130,000
Income Tax Examination, Interest Expense	$ 108,000	$ 50,000	$ 153,000	$ 89,000

Commitments and License Right69

Commitments and License Rights (Details) - USD ($) $ in Thousands	7 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 25, 2014	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	May 28, 2015
Operating Leased Assets [Line Items]
Fixed minimum rentals	$ 4,693		$ 12,027	$ 7,707		$ 8,064
Amortization of favorable lease right	194		334	334		334
Percentage rentals	153		708	343		193
Amortization of unfavorable leases	0		(1,200)	0		0
Operating Leases, Rent Expense	$ 5,040	$ 5,009	$ 11,869	$ 8,384	$ 8,622	$ 8,591

Commitments and License Right70

Commitments and License Rights (Details 1) $ in Thousands	Dec. 28, 2017USD ($)
Operating Leases, Future Minimum Payments Receivable
2,018	$ 11,426
2,019	10,659
2,020	9,356
2,021	8,782
2,022	9,016
Thereafter	71,841
Operating Leases, Future Minimum Payments Receivable, Total	$ 121,080

Commitments and License Right71

Commitments and License Rights (Details Textual)	Dec. 28, 2017USD ($)
Other Commitments [Line Items]
Commitments To Complete Contracts In Process Value	$ 2,505,000

Joint Venture Transactions (Det

Joint Venture Transactions (Details Textual) - USD ($)	Dec. 28, 2017	Dec. 29, 2016
Corporate Joint Venture [Member]
Related Party Transaction [Line Items]
Equity Method Investments	$ 4,239,000	$ 6,096,000

Business Segment Information (D

Business Segment Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended											7 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017		Sep. 28, 2017	Jun. 29, 2017	Mar. 30, 2017	Dec. 29, 2016	Sep. 29, 2016	Jun. 30, 2016	Mar. 31, 2016	Nov. 26, 2015	Aug. 27, 2015	Dec. 31, 2015	Dec. 25, 2014	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	May 28, 2015
Segment Reporting Information [Line Items]
Revenues	$ 59,401	$ 158,167	[1]	$ 153,818	$ 152,775	$ 157,954	$ 138,747	$ 144,695	$ 134,978	$ 125,444	$ 115,676	$ 149,190	$ 324,267	$ 280,640	$ 622,714	$ 543,864	$ 531,694	$ 488,067
Operating income (loss)	8,042	17,394	[1]	$ 21,435	$ 18,741	$ 18,025	15,664	$ 24,683	$ 18,261	$ 11,346	$ 10,664	$ 25,966	44,672	34,291	75,595	69,954	61,023	50,643
Depreciation and amortization													23,815	$ 22,145	51,719	41,832	40,032	38,361
Assets	804,701	1,017,797					911,266						804,701		1,017,797	911,266	804,701	805,472
Capital expenditures and acquisitions	44,452	114,804					147,372						44,452		114,804	147,372	44,452	74,988
Theatres [Member]
Segment Reporting Information [Line Items]
Revenues													182,845		401,291	328,165		269,155
Operating income (loss)													37,162		80,319	71,754		53,467
Depreciation and amortization													13,215		33,448	24,570		20,141
Assets	435,862	637,723					561,755						435,862		637,723	561,755	435,862	424,740
Capital expenditures and acquisitions	27,984	93,676					132,509						27,984		93,676	132,509	27,984	49,789
Hotels/Resorts [Member]
Segment Reporting Information [Line Items]
Revenues													141,088		220,866	215,171		218,332
Operating income (loss)													17,331		12,748	14,604		10,331
Depreciation and amortization													10,387		17,912	16,895		17,930
Assets	328,455	313,942					311,738						328,455		313,942	311,738	328,455	334,211
Capital expenditures and acquisitions	16,428	20,604					14,650						16,428		20,604	14,650	16,428	23,610
Corporate Items [Member]
Segment Reporting Information [Line Items]
Revenues													334		557	528		580
Operating income (loss)													(9,821)		(17,472)	(16,404)		(13,155)
Depreciation and amortization													213		359	367		290
Assets	40,384	66,132					37,773						40,384		66,132	37,773	40,384	46,521
Capital expenditures and acquisitions	$ 40	$ 524					$ 213						$ 40		$ 524	$ 213	$ 40	$ 1,589
[1]	The Company recorded a one-time income tax adjustment of $21,240 during the fourth quarter of fiscal 2017 related to the future lower federal tax rate resulting from the December 2017 signing of the Tax Cuts and Jobs Act of 2017.

Unaudited Quarterly Financial74

Unaudited Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended											7 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	[1]	Sep. 28, 2017	Jun. 29, 2017	Mar. 30, 2017	Dec. 29, 2016	Sep. 29, 2016	Jun. 30, 2016	Mar. 31, 2016	Nov. 26, 2015	Aug. 27, 2015	Dec. 31, 2015	Dec. 25, 2014	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	May 28, 2015
Unaudited Quarterly Financial Information [Line Items]
Revenues	$ 59,401	$ 158,167		$ 153,818	$ 152,775	$ 157,954	$ 138,747	$ 144,695	$ 134,978	$ 125,444	$ 115,676	$ 149,190	$ 324,267	$ 280,640	$ 622,714	$ 543,864	$ 531,694	$ 488,067
Operating income	8,042	17,394		21,435	18,741	18,025	15,664	24,683	18,261	11,346	10,664	25,966	44,672	34,291	75,595	69,954	61,023	50,643
Net earnings attributable to The Marcus Corporation	$ 3,969	$ 34,441		$ 10,978	$ 10,124	$ 9,453	$ 8,742	$ 14,372	$ 9,336	$ 5,452	$ 4,945	$ 14,651	$ 23,565	$ 16,782	$ 64,996	$ 37,902	$ 30,782	$ 23,995
Net earnings per common share - diluted	$ 0.14	$ 1.21		$ 0.39	$ 0.36	$ 0.33	$ 0.31	$ 0.51	$ 0.34	$ 0.2	$ 0.18	$ 0.53
[1]	The Company recorded a one-time income tax adjustment of $21,240 during the fourth quarter of fiscal 2017 related to the future lower federal tax rate resulting from the December 2017 signing of the Tax Cuts and Jobs Act of 2017.

Unaudited Quarterly Financial75

Unaudited Quarterly Financial Information (Details Textual)	3 Months Ended
	Dec. 28, 2017USD ($)
Unaudited Quarterly Financial Information [Line Items]
Income Tax Credits and Adjustments	$ 21,240	[1]
[1]	The Company recorded a one-time income tax adjustment of $21,240 during the fourth quarter of fiscal 2017 related to the future lower federal tax rate resulting from the December 2017 signing of the Tax Cuts and Jobs Act of 2017.

Unaudited Transition Period C76

Unaudited Transition Period Comparative Balances (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended											7 Months Ended		12 Months Ended
	Dec. 31, 2015	Dec. 28, 2017	[1]	Sep. 28, 2017	Jun. 29, 2017	Mar. 30, 2017	Dec. 29, 2016	Sep. 29, 2016	Jun. 30, 2016	Mar. 31, 2016	Nov. 26, 2015	Aug. 27, 2015	Dec. 31, 2015	Dec. 25, 2014	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	May 28, 2015
REVENUES:
Theatre admissions													$ 104,606	$ 85,608	$ 227,091	$ 186,768	$ 176,251	$ 157,254
Rooms													70,093	69,897	106,876	105,167	109,857	109,660
Theatre concessions													69,206	52,872	148,989	120,975	115,081	98,746
Food and beverage													44,590	41,456	70,627	67,551	71,028	67,174
Other revenues													35,772	30,807	69,131	63,403	59,477	55,233
Total revenues	$ 59,401	$ 158,167		$ 153,818	$ 152,775	$ 157,954	$ 138,747	$ 144,695	$ 134,978	$ 125,444	$ 115,676	$ 149,190	324,267	280,640	622,714	543,864	531,694	488,067
COSTS AND EXPENSES:
Theatre operations													91,747	73,081	197,270	160,729	153,612	134,946
Rooms													24,933	25,104	40,286	40,213	42,408	42,579
Theatre concessions													19,958	14,711	43,634	32,407	32,279	27,032
Food and beverage													34,656	32,425	59,375	55,526	57,769	55,215
Advertising and marketing													14,842	16,178	23,960	21,582	23,929	25,265
Administrative													36,392	29,029	68,666	63,620	60,610	53,247
Depreciation and amortization													23,815	22,145	51,719	41,832	40,032	38,361
Rent													5,040	5,009	11,869	8,384	8,622	8,591
Property taxes													8,630	8,756	18,815	16,257	14,876	15,001
Other operating expenses													19,582	19,911	31,525	33,360	33,615	34,268
Impairment charge													0	0	0	0	2,919	2,919
Total costs and expenses													279,595	246,349	547,119	473,910	470,671	437,424
OPERATING INCOME	8,042	17,394		21,435	18,741	18,025	15,664	24,683	18,261	11,346	10,664	25,966	44,672	34,291	75,595	69,954	61,023	50,643
OTHER INCOME (EXPENSE):
Investment income														58			209
Interest expense													(5,933)	(5,824)	(12,100)	(9,176)	(10,035)	(9,926)
Loss on disposition of property, equipment and other assets													(490)	(719)	3,981	(844)	(1,233)	(1,463)
Equity losses from unconsolidated joint ventures, net													(36)	(63)	46	301	(160)	(186)
Nonoperating Income Total													(6,444)	(6,548)	(7,485)	(9,421)	(11,219)	(11,323)
EARNINGS BEFORE INCOME TAXES													38,228	27,743	68,110	60,533	49,804	39,320
INCOME TAXES													14,785	11,043	3,625	22,994	19,415	15,678
NET EARNINGS													23,443	16,700	64,485	37,539	30,389	23,642
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS													(122)	(82)	(511)	(363)	(393)	(353)
NET EARNINGS ATTRIBUTABLE TO THE MARCUS CORPORATION	$ 3,969	$ 34,441		$ 10,978	$ 10,124	$ 9,453	$ 8,742	$ 14,372	$ 9,336	$ 5,452	$ 4,945	$ 14,651	$ 23,565	$ 16,782	$ 64,996	$ 37,902	$ 30,782	$ 23,995
Common Stock [Member]
NET EARNINGS PER SHARE - BASIC:
Common Stock													$ 0.88	$ 0.63	$ 2.42	$ 1.41	$ 1.15	$ 0.9
NET EARNINGS PER SHARE - DILUTED:
Common Stock													0.84	0.61	2.29	1.36	1.1	0.87
Class B Common Stock [Member]
NET EARNINGS PER SHARE - BASIC:
Common Stock													0.8	0.57	2.17	1.28	1.04	0.82
NET EARNINGS PER SHARE - DILUTED:
Common Stock													$ 0.79	$ 0.57	$ 2.13	$ 1.27	$ 1.03	$ 0.81
[1]	The Company recorded a one-time income tax adjustment of $21,240 during the fourth quarter of fiscal 2017 related to the future lower federal tax rate resulting from the December 2017 signing of the Tax Cuts and Jobs Act of 2017.