Six Flags Entertainment (FUN) 10-Q 2 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 25, 2017	Jul. 31, 2017
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 25, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Entity Registrant Name	CEDAR FAIR L P
Entity Central Index Key	811,532
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		56,238,002

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 25, 2017	Dec. 31, 2016	Jun. 26, 2016
Current Assets:
Cash and cash equivalents	$ 101,083	$ 122,716	$ 68,085
Receivables	83,377	35,414	78,006
Inventories	43,240	26,276	42,553
Prepaid advertising	18,779	1,571	20,915
Other current assets	15,830	9,699	15,213
Total current assets	262,309	195,676	224,772
Property and Equipment:
Land	266,823	265,961	272,534
Land improvements	418,473	402,013	392,436
Buildings	699,548	663,982	674,251
Rides and equipment	1,723,960	1,643,770	1,655,689
Construction in progress	39,775	58,299	26,095
Total property and equipment, gross	3,148,579	3,034,025	3,021,005
Less accumulated depreciation	(1,539,953)	(1,494,805)	(1,444,511)
Total property and equipment, net	1,608,626	1,539,220	1,576,494
Goodwill	180,370	179,660	217,026
Other Intangibles, net	37,653	37,837	36,833
Other Assets	20,499	20,788	17,256
Total Assets	2,109,457	1,973,181	2,072,381
Current Liabilities:
Current maturities of long-term debt	7,500	2,775	0
Accounts payable	45,374	20,851	40,242
Deferred revenue	193,338	82,765	173,062
Accrued interest	9,735	9,986	11,710
Accrued taxes	30,352	58,958	30,829
Accrued salaries, wages and benefits	24,955	30,358	33,962
Self-insurance reserves	26,860	27,063	25,588
Other accrued liabilities	16,706	9,927	14,047
Total current liabilities	354,820	242,683	329,440
Deferred Tax Liability	116,797	104,885	138,229
Derivative Liability	18,166	17,721	30,900
Other Liabilities	12,423	13,162	12,474
Long-Term Debt:
Revolving credit loans	0	0	55,000
Term debt	731,258	594,228	595,902
Notes	936,633	939,983	938,863
Total long-term debt	1,667,891	1,534,211	1,589,765
Partners’ Equity:
Special L.P. interests	5,290	5,290	5,290
General partner	(1)	0	(1)
Limited partners, 56,240, 56,201 and 56,072 units outstanding at June 25, 2017, December 31, 2016 and June 26, 2016, respectively	(70,915)	52,288	(29,525)
Accumulated other comprehensive income (loss)	4,986	2,941	(4,191)
Total partners' equity	(60,640)	60,519	(28,427)
Total Liabilities and Partners' Equity	$ 2,109,457	$ 1,973,181	$ 2,072,381

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Jun. 25, 2017	Dec. 31, 2016	Jun. 26, 2016
Statement of Financial Position [Abstract]
Limited partners, units outstanding (in shares)	56,240	56,201	56,072

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Net revenues:
Admissions	$ 214,881	$ 214,338	$ 237,444	$ 242,998
Food, merchandise and games	133,167	129,924	151,375	151,691
Accommodations, extra-charge products and other	44,750	43,772	52,297	51,783
Total net revenues	392,798	388,034	441,116	446,472
Costs and expenses:
Cost of food, merchandise, and games revenues	34,249	34,566	39,729	40,803
Operating expenses	160,380	157,525	244,669	242,129
Selling, general and administrative	51,860	51,371	79,479	76,983
Depreciation and amortization	50,812	48,299	56,177	53,490
Loss on impairment / retirement of fixed assets, net	184	1,415	1,710	4,027
Total costs and expenses	297,485	293,176	421,764	417,432
Operating income	95,313	94,858	19,352	29,040
Interest expense	21,920	21,125	40,834	40,912
Net effect of swaps	4,368	5,410	4,669	7,252
Loss on early debt extinguishment	23,115	0	23,115	0
Gain on foreign currency	(3,183)	(11,455)	(5,854)	(31,016)
Interest income	(16)	(8)	(48)	(26)
Income (loss) before taxes	49,109	79,786	(43,364)	11,918
Provision (benefit) for taxes	17,741	21,803	(9,978)	2,421
Net income (loss)	31,368	57,983	(33,386)	9,497
Net income (loss) allocated to general partner	1	0	0	0
Net income (loss) allocated to limited partners	31,367	57,983	(33,386)	9,497
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(1,282)	(2,449)	(1,942)	(6,844)
Unrealized gain (loss) on cash flow hedging derivatives	1,993	1,993	3,987	(638)
Other comprehensive income (loss), (net of tax)	711	(456)	2,045	(7,482)
Total comprehensive income (loss)	$ 32,079	$ 57,527	$ (31,341)	$ 2,015
Basic income (loss) per limited partner unit:
Weighted average limited partner units outstanding (in shares)	56,076	55,940	56,025	55,909
Net income (loss) per limited partner unit (in dollars per share)	$ 0.56	$ 1.04	$ (0.60)	$ 0.17
Diluted income (loss) per limited partner unit:
Weighted average limited partner units outstanding (in shares)	56,598	56,358	56,025	56,406
Net income (loss) per limited partner unit (in dollars per share)	$ 0.55	$ 1.03	$ (0.60)	$ 0.17

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Partners' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Limited Partners [Member]	General Partner [Member]	Special L.P. Interests [Member]	AOCI Attributable to Parent [Member]	Accumulated Translation Adjustment [Member]	Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Unrealized gain (loss) on cash flow hedging derivatives: Beginning balance						$ (19,300)
Beginning balance, units (in shares) at Dec. 31, 2015		56,018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Limited partnership unit options exercised (in shares)		10
Limited partnership unit forfeitures (in shares)		0
Issuance of limited partnership units as compensation (in shares)		44
Ending balance, units (in shares) at Jun. 26, 2016		56,072
Beginning balance, value at Dec. 31, 2015		$ 48,428	$ 0	$ 22,591
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 9,497	9,497
Partnership distribution declared ($1.71 and $1.65 per limited partnership unit)		(92,675)
Expense recognized for limited partnership unit options		5
Tax effect of units involved in treasury unit transactions	1,604	(1,604)
Issuance of limited partnership units as compensation		6,824
Net income (loss)			0
Partnership distribution declared			(1)
Period activity, net of tax $0 and $3,934	(6,844)					(6,844)
Period activity, net of tax ($742) and $92	(638)						$ (638)
Ending balance, value at Jun. 26, 2016	(28,427)	$ (29,525)	(1)	5,290	$ (4,191)	15,747	(19,938)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Unrealized gain (loss) on cash flow hedging derivatives: Beginning balance						(15,950)
Beginning balance, units (in shares) at Dec. 31, 2016		56,201
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Limited partnership unit options exercised (in shares)		10
Limited partnership unit forfeitures (in shares)		(2)
Issuance of limited partnership units as compensation (in shares)		31
Ending balance, units (in shares) at Jun. 25, 2017		56,240
Beginning balance, value at Dec. 31, 2016	60,519	$ 52,288	0	18,891
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	(33,386)	(33,386)
Partnership distribution declared ($1.71 and $1.65 per limited partnership unit)		(96,329)
Expense recognized for limited partnership unit options		0
Tax effect of units involved in treasury unit transactions	1,377	(1,377)
Issuance of limited partnership units as compensation		7,889
Net income (loss)			0
Partnership distribution declared			(1)
Period activity, net of tax $0 and $3,934	(1,942)					(1,942)
Period activity, net of tax ($742) and $92	3,987						3,987
Ending balance, value at Jun. 25, 2017	$ (60,640)	$ (70,915)	$ (1)	$ 5,290	$ 4,986	$ 16,949	$ (11,963)

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Partners' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Statement of Partners' Capital [Abstract]
Foreign currency translation adjustment, tax	$ 1,414	$ 0	$ 3,934
Unrealized loss on cash flow hedging derivatives, tax		$ (742)	$ 92
Partnership distribution declared, amount per limited partnership unit (in dollars per share)	$ 1.65	$ 1.71	$ 1.65

Unaudited Condensed Consolidat7

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (33,386)	$ 9,497
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation and amortization	56,177	53,490
Loss on early debt extinguishment	23,115	0
Non-cash foreign currency gain on debt	(5,541)	(31,429)
Other non-cash expenses	24,410	31,948
Net change in working capital	22,598	40,406
Net change in other assets/liabilities	296	(5,819)
Net cash from operating activities	87,669	98,093
CASH FLOWS FOR INVESTING ACTIVITIES
Capital expenditures	(123,678)	(106,233)
Purchase of identifiable intangible assets	(16)	0
Net cash for investing activities	(123,694)	(106,233)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	0	55,000
Term debt borrowings	750,000	0
Note borrowings	500,000	0
Term debt payments	(602,850)	(6,000)
Note payments, including amounts paid for early termination	(515,458)	0
Distributions paid to partners	(96,330)	(92,676)
Payment of debt issuance costs	(18,381)	0
Tax effect of units involved in treasury unit transactions	(1,377)	(1,604)
Payments related to tax withholding for equity compensation	(2,053)	(920)
Net cash from (for) financing activities	13,551	(46,200)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	841	2,868
CASH AND CASH EQUIVALENTS
Net decrease for the period	(21,633)	(51,472)
Balance, beginning of period	122,716	119,557
Balance, end of period	101,083	68,085
SUPPLEMENTAL INFORMATION
Net cash payments for interest expense	40,103	38,557
Interest capitalized	1,536	1,474
Cash payments for income taxes, net of refunds	12,534	6,989
Capital expenditures in accounts payable	$ 5,955	$ 1,265

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 25, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements have been prepared from the financial records of Cedar Fair, L.P. (the Partnership) without audit and reflect all adjustments (consisting of normal recurring adjustments) which are, in the opinion of management, necessary to fairly present the results of the interim periods covered in this report. Due to the seasonal nature of the Partnership's amusement and water park operations, the results for any interim period may not be indicative of the results expected for the full fiscal year.

Significant Accounting and Repo

Significant Accounting and Reporting Policies	6 Months Ended
	Jun. 25, 2017
Accounting Policies [Abstract]
Significant Accounting and Reporting Policies	Significant Accounting and Reporting Policies: The Partnership’s unaudited condensed consolidated financial statements for the periods ended June 25, 2017 and June 26, 2016 included in this Form 10-Q report have been prepared in accordance with the accounting policies described in the Notes to Consolidated Financial Statements for the year ended December 31, 2016 , which were included in the Form 10-K filed on February 24, 2017 . Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the Commission). These financial statements should be read in conjunction with the financial statements and the notes thereto included in the Form 10-K referred to above. Reclassifications Certain prior year supplies inventory amounts of $3.7 million have been reclassified to other current assets in the unaudited condensed consolidated balance sheet for the period ended June 26, 2016 to conform with fiscal 2017 presentation. Adopted Accounting Pronouncements In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). The amendments in ASU 2016-09 are meant to simplify the current accounting for share-based payment transactions, specifically the accounting for income taxes, award classification, cash flow presentation, and accounting for forfeitures. ASU 2016-09 is effective for annual and interim periods beginning after December 15, 2016. The Partnership adopted this guidance in the first quarter of 2017. The impact of the guidance included: (1) prospective recognition of excess tax benefits and tax deficiencies as income tax expense (as opposed to the previous recognition in additional paid-in-capital), approximately $0.7 million of excess tax benefits were recognized in benefit for taxes for the six months ended June 25, 2017 ; (2) prospective exclusion of future excess tax benefits and deficiencies in the calculation of diluted shares, which had an immaterial impact on the net loss per limited partner unit for the six months ending June 25, 2017 ; (3) prospective classification of excess tax benefits as an operating activity within the statement of cash flows (as opposed to the previous classification as a financing activity), approximately $0.7 million of excess tax benefits were classified as an operating activity for the six months ended June 25, 2017 ; (4) the formal accounting policy election to recognize forfeitures as they occur (as opposed to estimating a forfeiture accrual), which did not have a material impact on the Partnership's financial statements; (5) retrospective classification of employee taxes paid when an employer withholds shares for tax withholding purposes as a financing activity within the statement of cash flows (as opposed to the previous classification as an operating activity), approximately $0.9 million was reclassified for the six months ended June 26, 2016 . New Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"). The amendments in ASU 2014-09 provide for a single, principles-based model for revenue recognition that replaces the existing revenue recognition guidance. ASU 2014-09 is effective for annual and interim periods beginning after December 15, 2017 and will replace most existing revenue recognition guidance under U.S. GAAP when it becomes effective. It permits the use of either a retrospective or modified retrospective transition method, and early adoption is permitted only as of an annual reporting period beginning after December 15, 2016, including interim reporting periods within that reporting period. The Partnership expects to adopt this standard in the first quarter of 2018 using the modified retrospective method. The Partnership anticipates the primary impact of the adoption on the consolidated financial statements will be the additional required disclosures around revenue recognition in the notes to the consolidated financial statements. The Partnership does not anticipate adoption of the standard to have a material effect on the consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases ("ASU 2016-02"). The amendments in ASU 2016-02 provide that most leases will now be recorded on the balance sheet. ASU 2016-02 is effective for annual and interim periods beginning after December 15, 2018 and will replace most existing lease guidance under U.S. GAAP when it becomes effective. This ASU requires a modified transition method for existing leases and applies to the earliest period presented in the financial statements. The Partnership expects to adopt this standard in the first quarter of 2019. While the Partnership is still in the process of evaluating the effect this standard will have on the consolidated financial statements and related disclosures, the Partnership anticipates recognizing a right-of-use asset and corresponding lease liability on the consolidated balance sheet for the Santa Clara land lease, as well as other operating leases, upon adoption. In January 2017, the FASB issued Accounting Standards Update No. 2017-04, Simplifying the Test for Goodwill Impairment ("ASU 2017-04"). The amendments in ASU 2017-04 eliminates step two from the goodwill impairment test. Instead, an entity should recognize an impairment charge for the amount by which a reporting unit's carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill. ASU 2017-04 is effective for annual and any interim impairment tests for periods beginning after December 15, 2019 on a prospective basis. Early adoption is permitted for annual and any interim impairment tests occurring after January 1, 2017. The Partnership expects to adopt the standard for its 2017 annual impairment test and does not anticipate the adoption of the standard to have a material effect on the consolidated financial statements.

Interim Reporting

Interim Reporting	6 Months Ended
	Jun. 25, 2017
Quarterly Financial Information Disclosure [Abstract]
Interim Reporting	Interim Reporting: The Partnership owns and operates eleven amusement parks, two separately gated outdoor water parks, one indoor water park and five hotels. The Partnership's seasonal amusement parks are generally open during weekends beginning in April or May, and then daily from Memorial Day until Labor Day, after which they are open during weekends in September and, in most cases, October. The two separately gated outdoor water parks also operate seasonally, generally from Memorial Day to Labor Day, plus some additional weekends before and after this period. As a result, a substantial portion of the Partnership’s revenues from these parks are generated during an approximate 130 - to 140 -day operating season with the major portion concentrated in the third quarter during the peak vacation months of July and August. In 2017, four of the seasonal properties will extend their operating seasons approximately 20 to 25 days to include WinterFest, a holiday event operating during November and December. Knott's Berry Farm continues to be open daily on a year-round basis. Castaway Bay is generally open daily from Memorial Day to Labor Day with an additional limited daily schedule for the balance of the year. To assure that these highly seasonal operations will not result in misleading comparisons of current and subsequent interim periods, the Partnership has adopted the following accounting and reporting procedures for its seasonal parks: (a) revenues on multi-use products are recognized over the estimated number of uses expected for each type of product and are adjusted periodically during the operating season prior to the ticket or product expiration, which occurs no later than the close of the operating season, (b) depreciation, certain advertising and certain seasonal operating costs are expensed over each park’s operating season, including some costs incurred prior to the season, which are deferred and amortized over the season, and (c) all other costs are expensed as incurred or ratably over the entire year. Revenues on multi-use products for the next operating season are deferred in the year received and recognized as revenue in the following operating season.

Long-Lived Assets

Long-Lived Assets	6 Months Ended
	Jun. 25, 2017
Property, Plant and Equipment [Abstract]
Long-Lived Assets	Long-Lived Assets: Long-lived assets are reviewed for impairment upon the occurrence of events or changes in circumstances that would indicate that the carrying value of the assets may not be recoverable. In order to determine if an asset has been impaired, assets are grouped and tested at the lowest level for which identifiable, independent cash flows are available. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include, among others: a significant decline in expected future cash flows; a sustained, significant decline in equity price and market capitalization; a significant adverse change in legal factors or in the business climate; unanticipated competition; and slower growth rates. Any adverse change in these factors could have a significant impact on the recoverability of these assets and could have a material impact on the Partnership's consolidated financial statements. The long-lived operating asset impairment test involves a two-step process. The first step is a comparison of each asset group's carrying value to its estimated undiscounted future cash flows expected to result from the use of the assets, including disposition. Projected future cash flows reflect management's best estimates of economic and market conditions over the projected period, including growth rates in revenues and costs, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates. If the carrying value of the asset group is higher than its undiscounted future cash flows, there is an indication that impairment exists and the second step must be performed to measure the amount of impairment loss. The amount of impairment is determined by comparing the fair value of the asset group to its carrying value in a manner consistent with the highest and best use of those assets. The Partnership estimates fair value of operating assets using an income (discounted cash flows) approach, which uses an asset group's projection of estimated operating results and cash flows that is discounted using a weighted-average cost of capital reflective of current market conditions. If the fair value of the assets is less than their carrying value, an impairment charge is recorded for the difference. Non-operating assets are evaluated for impairment based on changes in market conditions. When changes in market conditions are observed, impairment is estimated using a market-based approach. If the estimated fair value of the non-operating assets is less than their carrying value, an impairment charge is recorded for the difference. During the third quarter of 2016, the Partnership ceased operations of one of its separately gated outdoor water parks, Wildwater Kingdom, located near Cleveland in Aurora, Ohio. At the date that Wildwater Kingdom ceased operations, the only remaining long-lived asset was the approximate 670 acres of land owned by the Partnership. This land has an associated carrying value of $17.1 million . The Partnership assessed the remaining asset and concluded there was no impairment during the third quarter of 2016. The associated acreage is classified as assets held-for-sale within "Other Assets" in the unaudited condensed consolidated balance sheet.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 25, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets: Goodwill and other indefinite-lived intangible assets, including trade-names, are reviewed for impairment annually, or more frequently if indicators of impairment exist. As of June 25, 2017 , there were no indicators of impairment. The Partnership's annual testing date is the first day of the fourth quarter. There were no impairments for any period presented. A summary of changes in the Partnership’s carrying value of goodwill for the six months ended June 25, 2017 and June 26, 2016 is as follows: (In thousands) Goodwill (gross) Accumulated Impairment Losses Goodwill (net) Balance at December 31, 2016 $ 259,528 $ (79,868 ) $ 179,660 Foreign currency translation 710 — 710 Balance at June 25, 2017 $ 260,238 $ (79,868 ) $ 180,370 Balance at December 31, 2015 $ 290,679 $ (79,868 ) $ 210,811 Foreign currency translation 6,215 — 6,215 Balance at June 26, 2016 $ 296,894 $ (79,868 ) $ 217,026 During the fourth quarter of 2016, management reassessed its accounting for the deferred income tax effects related to its Canadian disregarded entity temporary differences that were recorded in purchase accounting at the time of the acquisition. As a result, to appropriately reflect these tax effects, the Partnership recorded an adjustment that reduced goodwill and deferred tax liabilities by $33.9 million as of December 31, 2016. The adjustment did not impact the statements of operations and comprehensive income or cash flows for any period presented. As of June 25, 2017 , December 31, 2016 , and June 26, 2016 , the Partnership’s other intangible assets consisted of the following: (In thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Value June 25, 2017 Other intangible assets: Trade names $ 35,761 $ — $ 35,761 License / franchise agreements 3,308 (1,416 ) 1,892 Total other intangible assets $ 39,069 $ (1,416 ) $ 37,653 December 31, 2016 Other intangible assets: Trade names $ 35,603 $ — $ 35,603 License / franchise agreements 3,326 (1,092 ) 2,234 Total other intangible assets $ 38,929 $ (1,092 ) $ 37,837 June 26, 2016 Other intangible assets: Trade names $ 36,086 $ — $ 36,086 License / franchise agreements 1,476 (729 ) 747 Total other intangible assets $ 37,562 $ (729 ) $ 36,833 Amortization expense of other intangible assets is expected to continue to be immaterial going forward.

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 25, 2017
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt: Long-term debt as of June 25, 2017 , December 31, 2016 , and June 26, 2016 consisted of the following: (In thousands) June 25, 2017 December 31, 2016 June 26, 2016 Revolving credit facility (due 2022) $ — $ — $ — Revolving credit facility (due 2018) — — 55,000 Term debt (1) April 2017 U.S. term loan averaging 3.25% (due 2017-2024) 750,000 — — March 2013 U.S. term loan averaging 3.25% (due 2013-2020) — 602,850 602,850 Notes April 2017 U.S. fixed rate notes at 5.375% (due 2027) 500,000 — — June 2014 U.S. fixed rate notes at 5.375% (due 2024) 450,000 450,000 450,000 March 2013 U.S. fixed rate notes at 5.25% (due 2021) — 500,000 500,000 1,700,000 1,552,850 1,607,850 Less current portion (7,500 ) (2,775 ) — 1,692,500 1,550,075 1,607,850 Less debt issuance costs (24,609 ) (15,864 ) (18,085 ) $ 1,667,891 $ 1,534,211 $ 1,589,765 (1) The average interest rate does not reflect the effect of interest rate swap agreements (see Note 6). In April 2017, the Partnership issued $500 million of 5.375% senior unsecured notes ("April 2017 notes"), maturing in 2027 . The net proceeds from the offering of the April 2017 notes, together with borrowings under the 2017 Credit Agreement (defined below), were used to redeem all of the Partnership's 5.25% senior unsecured notes due 2021 ("March 2013 notes"), and pay accrued interest and transaction fees and expenses, to repay in full all amounts outstanding under its existing credit facilities and for general corporate purposes. The redemption of the March 2013 notes and repayments of the amounts outstanding under the existing credit facilities resulted in the write-off of debt issuance costs of $7.6 million and debt premium payments of $15.5 million . Accordingly, the Partnership recorded a loss on debt extinguishment of $23.1 million in the second quarter of 2017. Concurrently with the April 2017 notes issuance, the Partnership amended and restated its existing $885 million credit agreement (the "2013 Credit Agreement"), which included a $630 million senior secured term loan facility and a $255 million senior secured revolving credit facility. The $1,025 million amended and restated credit agreement (the "2017 Credit Agreement") includes a $750 million senior secured term loan facility and a $275 million senior secured revolving credit facility. The terms of the senior secured term loan facility include a maturity date of April 15, 2024 and an interest rate of London InterBank Offered Rate ("LIBOR") plus 225 basis points (bps). The term loan amortizes at $7.5 million annually. The facilities provided under the 2017 Credit Agreement are collateralized by substantially all of the assets of the Partnership. Terms of the 2017 Credit Agreement include a revolving credit facility of a combined $275 million with a Canadian sub-limit of $15 million . Borrowings under the senior secured revolving credit facility bear interest at LIBOR or Canadian Dollar Offered Rate ("CDOR") plus 200 bps. The revolving credit facility is scheduled to mature in April 2022 and also provides for the issuance of documentary and standby letters of credit. The 2017 Credit Agreement requires the payment of a 37.5 bps commitment fee per annum on the unused portion of the credit facilities. The April 2017 notes pay interest semi-annually in April and October, with the principal due in full on April 15, 2027 . Prior to April 15, 2020 , up to 35% of the notes may be redeemed with the net cash proceeds of certain equity offerings at a price equal to 105.375% of the principal amount thereof, together with accrued and unpaid interest and additional interest, if any. The notes may be redeemed, in whole or in part, at any time prior to April 15, 2022 at a price equal to 100% of the principal amount of the notes redeemed plus a "make-whole" premium together with accrued and unpaid interest and additional interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. In June 2014, the Partnership issued $450 million of 5.375% senior unsecured notes ("June 2014 notes"), maturing in 2024 . The Partnership's June 2014 notes pay interest semi-annually in June and December, with the principal due in full on June 1, 2024 . The notes may be redeemed, in whole or in part, at any time prior to June 1, 2019 at a price equal to 100% of the principal amount of the notes redeemed together plus a "make-whole" premium together with accrued and unpaid interest, if any, to the redemption date. Thereafter, the notes may be redeemed, in whole or in part, at various prices depending on the date redeemed. The 2017 Credit Agreement includes a Consolidated Leverage Ratio, which if breached for any reason and not cured could result in an event of default. The ratio is set at a maximum of 5.50 x consolidated total debt-to-consolidated EBITDA. As of June 25, 2017 , the Partnership was in compliance with this Financial Condition Covenant and all other covenants under the 2017 Credit Agreement. The Partnership's long-term debt agreements include Restricted Payment provisions. Pursuant to the terms of the indenture governing the Partnership's June 2014 notes, which includes the most restrictive of these Restricted Payments provisions, the Partnership can make Restricted Payments of $60 million annually so long as no default or event of default has occurred and is continuing; and the Partnership's ability to make additional Restricted Payments is permitted should the Partnership's pro forma Total-Indebtedness-to-Consolidated-Cash-Flow Ratio be less than or equal to 5.00 x. As market conditions warrant, the Partnership may from time to time repurchase debt securities issued by the Partnership, in privately negotiated or open market transactions, by tender offer, exchange offer or otherwise.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 25, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments: Derivative financial instruments are used within the Partnership’s overall risk management program to manage certain interest rate and foreign currency risks. By utilizing a derivative instrument to hedge exposure to LIBOR rate changes, the Partnership is exposed to counterparty credit risk, in particular the failure of the counterparty to perform under the terms of the derivative contract. To mitigate this risk, hedging instruments are placed with a counterparty that the Partnership believes poses minimal credit risk. The Partnership does not use derivative financial instruments for trading purposes. In the first quarter of 2016, the Partnership amended each of its four interest rate swap agreements to extend each of the maturities by two years to December 31, 2020 and effectively convert $500 million of variable-rate debt to a rate of 2.64% . As a result of the amendments, the previously existing interest rate swap agreements were de-designated, and the amounts recorded in AOCI are being amortized into earnings through the original December 31, 2018 maturity. The amended interest rate swap agreements are not designated as hedging instruments. There were no other changes to the terms of the agreements beyond those disclosed. The fair market value of the Partnership's swap portfolio was recorded within "Derivative Liability" on the unaudited condensed consolidated balance sheets as of June 25, 2017 , December 31, 2016 , and June 26, 2016 as follows: (In thousands) June 25, 2017 December 31, 2016 June 26, 2016 Derivatives not designated as hedging instruments: Interest rate swaps $ (18,166 ) $ (17,721 ) $ (30,900 ) Derivatives Designated as Hedging Instruments Changes in fair value of highly effective hedges are recorded as a component of AOCI in the balance sheet. Any ineffectiveness is recognized immediately in income. Amounts recorded as a component of accumulated other comprehensive income are reclassified into earnings in the same period the forecasted transactions affect earnings. As a result of the first quarter of 2016 amendments, the previously existing interest rate swap agreements were de-designated and the amended interest rate swap agreements are not designated as hedging instruments. As of June 25, 2017 , we have no designated derivatives; therefore, no amount of designated derivatives are forecasted to be reclassified into earnings in the next twelve months. Derivatives Not Designated as Hedging Instruments Instruments that do not qualify for hedge accounting or were de-designated are prospectively adjusted to fair value each reporting period through "Net effect of swaps" in the unaudited condensed consolidated statements of operations and comprehensive income. The amounts that were previously recorded as a component of AOCI prior to the de-designation are reclassified to earnings, and a corresponding realized gain or loss will be recognized when the forecasted cash flow occurs. As a result of the first quarter 2016 amendments, the previously existing interest rate swap agreements were de-designated, and the amounts previously recorded in AOCI are being amortized into earnings through the original December 31, 2018 maturity. As of June 25, 2017 , approximately $14.2 million of losses remain in AOCI related to the effective cash flow hedge contracts prior to de-designation, $9.5 million of which will be reclassified to earnings within the next twelve months. The following table summarizes the effect of derivative instruments on income and other comprehensive income for the three months ended June 25, 2017 and June 26, 2016 : (In thousands) Amount of Gain (Loss) Amount and Location of Gain (Loss) Amount and Location of Gain (Loss) Recognized in Income on Derivatives Designated Derivatives Three months ended 6/25/2017 Three months ended 6/26/2016 Designated Derivatives Three months ended 6/25/2017 Three months ended 6/26/2016 Derivatives Not Designated Three months ended 6/25/2017 Three months ended 6/26/2016 Interest rate swaps $ — $ — Interest Expense $ — $ — Net effect of swaps $ (2,003 ) $ (3,046 ) During the quarter ended June 25, 2017 , the Partnership recognized $2.0 million of losses on the derivatives not designated as cash flow hedges and $2.4 million of expense representing the regular amortization of amounts in AOCI. The effect of these amounts resulted in a charge to earnings of $4.4 million recorded in “Net effect of swaps.” During the quarter ended June 26, 2016 , the Partnership recognized $3.0 million of losses on the derivatives not designated as cash flow hedges and $2.4 million of expense representing the amortization of amounts in AOCI. The effect of these amounts resulted in a charge to earnings of $5.4 million recorded in “Net effect of swaps.” The following table summarizes the effect of derivative instruments on income and other comprehensive income for the six months ended June 25, 2017 and June 26, 2016 : (In thousands) Amount of Gain (Loss) Amount and Location of Gain (Loss) Amount and Location of Gain (Loss) Recognized Designated Derivatives Six months ended 6/25/2017 Six months ended 6/26/2016 Designated Derivatives Six months ended 6/25/2017 Six months ended 6/26/2016 Derivatives Not Designated Six months ended 6/25/2017 Six months ended 6/26/2016 Interest rate swaps $ — $ (4,671 ) Interest Expense $ — $ (851 ) Net effect of swaps $ 60 $ (3,311 ) During the six-month period ended June 25, 2017 , the Partnership recognized $0.1 million of gains on the derivatives not designated as cash flow hedges and $4.7 million of expense representing the regular amortization of amounts in AOCI. The effect of these amounts resulted in a charge to earnings of $4.7 million recorded in “Net effect of swaps.” During the six-month period ended June 26, 2016 , the Partnership recognized $3.3 million of losses on the derivatives not designated as cash flow hedges and $3.9 million of expense representing the amortization of amounts in AOCI. The effect of these amounts resulted in a charge to earnings of $7.3 million recorded in “Net effect of swaps.”

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 25, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements: The FASB's Accounting Standards Codification (ASC) 820 "Fair Value Measurements" emphasizes that fair value is a market-based measurement that should be determined based on assumptions (inputs) that market participants would use in pricing an asset or liability. Inputs may be observable or unobservable, and valuation techniques used to measure fair value should maximize the use of relevant observable inputs and minimize the use of unobservable inputs. Accordingly, FASB ASC 820 establishes a hierarchal disclosure framework that ranks the quality and reliability of information used to determine fair values. The hierarchy is associated with the level of pricing observability utilized in measuring fair value and defines three levels of inputs to the fair value measurement process. Quoted prices are the most reliable valuation inputs, whereas model values that include inputs based on unobservable data are the least reliable. Each fair value measurement must be assigned to a level corresponding to the lowest level input that is significant to the fair value measurement in its entirety. The three broad levels of inputs defined by the fair value hierarchy are as follows: • Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. • Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The table below presents the balances of assets and liabilities measured at fair value as of June 25, 2017 , December 31, 2016 , and June 26, 2016 on a recurring basis as well as the fair values of other financial instruments: (In thousands) Unaudited Condensed Consolidated Balance Sheet Location Fair Value Hierarchy Level June 25, 2017 December 31, 2016 June 26, 2016 Carrying Value Fair Value Carrying Value Fair Value Carrying Value Fair Value Financial assets (liabilities) measured on a recurring basis: Interest rate swap agreements not designated as cash flow hedges Derivative Liability Level 2 $ (18,166 ) $ (18,166 ) $ (17,721 ) $ (17,721 ) $ (30,900 ) $ (30,900 ) Other financial assets (liabilities): March 2013 term debt Long-Term Debt (1) Level 2 — — $ (600,075 ) $ (603,075 ) $ (602,850 ) $ (604,357 ) April 2017 term debt Long-Term Debt (1) Level 2 $ (742,500 ) $ (747,141 ) — — — — March 2013 notes Long-Term Debt (1) Level 1 — — $ (500,000 ) $ (510,000 ) $ (500,000 ) $ (518,750 ) June 2014 notes Long-Term Debt (1) Level 1 $ (450,000 ) $ (475,875 ) $ (450,000 ) $ (462,375 ) $ (450,000 ) $ (465,750 ) April 2017 notes Long-Term Debt (1) Level 2 $ (500,000 ) $ (529,375 ) — — — — (1) Carrying values of long-term debt balances are before reductions for debt issuance costs of $24.6 million , $15.9 million , and $18.1 million as of June 25, 2017 , December 31, 2016 , and June 26, 2016 , respectively. Fair values of the interest rate swap agreements are determined using significant inputs, including the LIBOR forward curves, which are considered Level 2 observable market inputs. The carrying value of cash and cash equivalents, revolving credit loans, accounts receivable, current portion of term debt, accounts payable, and accrued liabilities approximates fair value because of the short maturity of these instruments. There were no assets measured at fair value on a non-recurring basis as of June 25, 2017 , December 31, 2016 , or June 26, 2016 .

Earnings per Unit

Earnings per Unit	6 Months Ended
	Jun. 25, 2017
Earnings Per Unit [Abstract]
Earnings Per Unit	Earnings per Unit: Net income (loss) per limited partner unit is calculated based on the following unit amounts: Three months ended Six months ended 6/25/2017 6/26/2016 6/25/2017 6/26/2016 (In thousands, except per unit amounts) Basic weighted average units outstanding 56,076 55,940 56,025 55,909 Effect of dilutive units: Deferred units 40 30 — 28 Performance units — — — 64 Restricted units 288 253 — 273 Unit options 194 135 — 132 Phantom units — — — — Diluted weighted average units outstanding 56,598 56,358 56,025 56,406 Net income (loss) per unit - basic $ 0.56 $ 1.04 $ (0.60 ) $ 0.17 Net income (loss) per unit - diluted $ 0.55 $ 1.03 $ (0.60 ) $ 0.17

Income and Partnership Taxes

Income and Partnership Taxes	6 Months Ended
	Jun. 25, 2017
Income Tax Disclosure [Abstract]
Income and Partnership Taxes	Income and Partnership Taxes: Under the applicable accounting rules, income taxes are recognized for the amount of taxes payable by the Partnership’s corporate subsidiaries for the current year and for the impact of deferred tax assets and liabilities, which represent future tax consequences of events that have been recognized differently in the financial statements than for tax purposes. The income tax provision (benefit) for interim periods is determined by applying an estimated annual effective tax rate to the quarterly income (loss) of the Partnership’s corporate subsidiaries. In addition to income taxes on its corporate subsidiaries, the Partnership is subject to a publicly traded partnership tax (PTP tax) on partnership-level gross income (net revenues less cost of food, merchandise and games). As such, the Partnership’s total provision (benefit) for taxes includes amounts for both the PTP tax and for income taxes on its subsidiaries. As of the end of the second quarter of 2017, the Partnership has recorded $0.9 million of unrecognized tax benefits including interest and/or penalties related to state and local tax filing positions. The Partnership recognizes interest and/or penalties related to unrecognized tax benefits in the income tax provision. The Partnership does not anticipate that the balance of the unrecognized tax benefit will change significantly over the next 12 months.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income by Component	6 Months Ended
	Jun. 25, 2017
Equity [Abstract]
Changes in Accumulated Other Comprehensive Income by Component	Changes in Accumulated Other Comprehensive Income by Component: The following tables reflect the changes in accumulated other comprehensive income related to limited partners' equity for the three months ended June 25, 2017 and June 26, 2016 : Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at March 26, 2017 $ (13,956 ) $ 18,231 $ 4,275 Other comprehensive income before reclassifications — (1,282 ) (1,282 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($371) (2) 1,993 — 1,993 Net other comprehensive income 1,993 (1,282 ) 711 Balance at June 25, 2017 $ (11,963 ) $ 16,949 $ 4,986 (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details. Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at March 27, 2016 $ (21,931 ) $ 18,196 $ (3,735 ) Other comprehensive income before reclassifications, net of tax $1,414 — (2,449 ) (2,449 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($371) (2) 1,993 — 1,993 Net other comprehensive income 1,993 (2,449 ) (456 ) Balance at June 26, 2016 $ (19,938 ) $ 15,747 $ (4,191 ) (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details. Reclassifications Out of Accumulated Other Comprehensive Income (1) Details about Accumulated Other Comprehensive Income Components Amount Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented (In thousands) Three months ended 6/25/2017 Three months ended 6/26/2016 Interest rate contracts $ 2,364 $ 2,364 Net effect of swaps Provision for taxes (371 ) (371 ) Provision (benefit) for taxes Gains and losses on cash flow hedges $ 1,993 $ 1,993 Net of tax (1) Amounts in parentheses indicate gains. The following tables reflect the changes in accumulated other comprehensive income related to limited partners' equity for the six months ended June 25, 2017 and June 26, 2016 : Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at December 31, 2016 $ (15,950 ) $ 18,891 $ 2,941 Other comprehensive income before reclassifications — (1,942 ) (1,942 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($742) (2) 3,987 — 3,987 Net other comprehensive income 3,987 (1,942 ) 2,045 Balance at June 25, 2017 $ (11,963 ) $ 16,949 $ 4,986 (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details. Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at December 31, 2015 $ (19,300 ) $ 22,591 $ 3,291 Other comprehensive income before reclassifications, net of tax $711 and $3,934, respectively (3,960 ) (6,844 ) (10,804 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($619) (2) 3,322 — 3,322 Net other comprehensive income (638 ) (6,844 ) (7,482 ) Balance at June 26, 2016 $ (19,938 ) $ 15,747 $ (4,191 ) (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details. Reclassifications Out of Accumulated Other Comprehensive Income (1) Details about Accumulated Other Comprehensive Income Components Amount Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented (In thousands) Six months ended 6/25/2017 Six months ended 6/26/2016 Interest rate contracts $ 4,729 $ 3,941 Net effect of swaps Provision for taxes (742 ) (619 ) Provision (benefit) for taxes Gains and losses on cash flow hedges $ 3,987 $ 3,322 Net of tax (1) Amounts in parentheses indicate gains.

Contingencies

Contingencies	6 Months Ended
	Jun. 25, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies: The Partnership is a party to a number of lawsuits arising in the normal course of business. In the opinion of management, none of these matters are expected to have a material effect in the aggregate on the Partnership's financial statements.

Consolidating Financial Informa

Consolidating Financial Information of Guarantors and Issuers	6 Months Ended
	Jun. 25, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Consolidating Financial Information of Guarantors and Issuers	Consolidating Financial Information of Guarantors and Issuers: Cedar Fair, L.P., Canada's Wonderland Company ("Cedar Canada"), and Magnum Management Corporation ("Magnum") are the co-issuers of the Partnership's June 2014 notes (see Note 5). The notes have been fully and unconditionally guaranteed, on a joint and several basis, by each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum) that guarantees the Partnership's senior secured credit facilities. There are no non-guarantor subsidiaries. The following consolidating schedules present condensed financial information for Cedar Fair, L.P., Cedar Canada, and Magnum, the co-issuers, and each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum), the guarantors (on a combined basis), as of June 25, 2017 , December 31, 2016 , and June 26, 2016 and for the three-month and six-month periods ended June 25, 2017 and June 26, 2016 . In lieu of providing separate unaudited financial statements for the guarantor subsidiaries, the Partnership has included the accompanying unaudited condensed consolidating financial statements. CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET June 25, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 49,488 $ 52,298 $ (703 ) $ 101,083 Receivables — 1,285 37,080 778,142 (733,130 ) 83,377 Inventories — — 3,636 39,604 — 43,240 Other current assets 376 374 2,759 32,458 (1,358 ) 34,609 376 1,659 92,963 902,502 (735,191 ) 262,309 Property and Equipment, net — 851 176,352 1,431,423 — 1,608,626 Investment in Park 399,003 866,792 207,621 157,018 (1,630,434 ) — Goodwill 674 — 60,090 119,606 — 180,370 Other Intangibles, net — — 13,409 24,244 — 37,653 Deferred Tax Asset — 22,137 — — (22,137 ) — Other Assets — 2,000 107 18,392 — 20,499 $ 400,053 $ 893,439 $ 550,542 $ 2,653,185 $ (2,387,762 ) $ 2,109,457 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 1,310 $ — $ 6,190 $ — $ 7,500 Accounts payable 445,741 292,715 4,514 36,237 (733,833 ) 45,374 Deferred revenue — — 20,046 173,292 — 193,338 Accrued interest 346 230 1,668 7,491 — 9,735 Accrued taxes 724 12,079 — 18,907 (1,358 ) 30,352 Accrued salaries, wages and benefits — 22,918 2,037 — — 24,955 Self-insurance reserves — 11,900 1,448 13,512 — 26,860 Other accrued liabilities 2,982 3,979 808 8,937 — 16,706 449,793 345,131 30,521 264,566 (735,191 ) 354,820 Deferred Tax Liability — — 13,584 125,350 (22,137 ) 116,797 Derivative Liability 10,900 7,266 — — — 18,166 Other Liabilities — 1,262 — 11,161 — 12,423 Long-Term Debt: Term debt — 128,533 — 602,725 — 731,258 Notes — — 445,062 491,571 — 936,633 — 128,533 445,062 1,094,296 — 1,667,891 Equity (60,640 ) 411,247 61,375 1,157,812 (1,630,434 ) (60,640 ) $ 400,053 $ 893,439 $ 550,542 $ 2,653,185 $ (2,387,762 ) $ 2,109,457 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 65,563 $ 58,178 $ (1,025 ) $ 122,716 Receivables — 1,409 28,019 576,975 (570,989 ) 35,414 Inventories — — 1,371 24,905 — 26,276 Other current assets 173 796 2,229 9,833 (1,761 ) 11,270 173 2,205 97,182 669,891 (573,775 ) 195,676 Property and Equipment, net — 844 175,358 1,363,018 — 1,539,220 Investment in Park 798,076 937,626 200,075 324,282 (2,260,059 ) — Goodwill 674 — 59,381 119,605 — 179,660 Other Intangibles, net — — 13,255 24,582 — 37,837 Deferred Tax Asset — 33,303 — — (33,303 ) — Other Assets — 2,000 108 18,680 — 20,788 $ 798,923 $ 975,978 $ 545,359 $ 2,520,058 $ (2,867,137 ) $ 1,973,181 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 572 $ 64 $ 2,139 $ — 2,775 Accounts payable 428,396 145,258 740 18,471 (572,014 ) 20,851 Deferred revenue — — 5,601 77,164 — 82,765 Accrued interest 4,613 3,207 2,057 109 — 9,986 Accrued taxes 405 18,653 — 41,661 (1,761 ) 58,958 Accrued salaries, wages and benefits — 29,227 1,131 — — 30,358 Self-insurance reserves — 12,490 1,321 13,252 27,063 Other accrued liabilities 2,282 3,018 193 4,434 — 9,927 435,696 212,425 11,107 157,230 (573,775 ) 242,683 Deferred Tax Liability — — 12,838 125,350 (33,303 ) 104,885 Derivative Liability 10,633 7,088 — — — 17,721 Other Liabilities — 1,236 — 11,926 — 13,162 Long-Term Debt: Term debt — 123,672 13,598 456,958 — 594,228 Notes 292,075 203,140 444,768 — — 939,983 292,075 326,812 458,366 456,958 — 1,534,211 Equity 60,519 428,417 63,048 1,768,594 (2,260,059 ) 60,519 $ 798,923 $ 975,978 $ 545,359 $ 2,520,058 $ (2,867,137 ) $ 1,973,181 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET June 26, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 43,844 $ 24,894 $ (653 ) $ 68,085 Receivables (9 ) 1,565 23,381 567,888 (514,819 ) 78,006 Inventories — — 2,310 40,243 — 42,553 Other current assets 377 26,236 3,064 32,359 (25,908 ) 36,128 368 27,801 72,599 665,384 (541,380 ) 224,772 Property and Equipment, net — 885 189,226 1,386,383 — 1,576,494 Investment in Park 667,710 830,528 184,964 295,114 (1,978,316 ) — Goodwill 674 — 96,746 119,606 — 217,026 Other Intangibles, net — — 13,743 23,090 — 36,833 Deferred Tax Asset — 2,549 — — (2,549 ) — Other Assets — 2,000 183 15,073 — 17,256 $ 668,752 $ 863,763 $ 557,461 $ 2,504,650 $ (2,522,245 ) $ 2,072,381 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 377,726 $ 142,024 $ 3,139 $ 32,825 $ (515,472 ) $ 40,242 Deferred revenue — — 17,154 155,908 — 173,062 Accrued interest 4,825 3,343 1,771 1,771 — 11,710 Accrued taxes 2,499 — 5,993 48,245 (25,908 ) 30,829 Accrued salaries, wages and benefits — 31,881 2,081 — — 33,962 Self-insurance reserves — 11,842 1,483 12,263 — 25,588 Other accrued liabilities 1,846 2,737 1,157 8,307 — 14,047 386,896 191,827 32,778 259,319 (541,380 ) 329,440 Deferred Tax Liability — — 18,913 121,865 (2,549 ) 138,229 Derivative Liability 18,540 12,360 — — — 30,900 Other Liabilities — 1,388 — 11,086 — 12,474 Long-Term Debt: Revolving credit loans — — — 55,000 — 55,000 Term debt — 124,244 13,624 458,034 — 595,902 Notes 291,743 202,910 444,210 — — 938,863 291,743 327,154 457,834 513,034 — 1,589,765 Equity (28,427 ) 331,034 47,936 1,599,346 (1,978,316 ) (28,427 ) $ 668,752 $ 863,763 $ 557,461 $ 2,504,650 $ (2,522,245 ) $ 2,072,381 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended June 25, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ 28,811 $ 93,601 $ 27,825 $ 377,266 $ (134,705 ) $ 392,798 Costs and expenses: Cost of food, merchandise, and games revenues — — 2,834 31,415 — 34,249 Operating expenses — 88,841 12,770 193,474 (134,705 ) 160,380 Selling, general and administrative 1,033 15,111 3,307 32,409 — 51,860 Depreciation and amortization — 9 5,011 45,792 — 50,812 Loss on impairment / retirement of fixed assets, net — — 10 174 — 184 1,033 103,961 23,932 303,264 (134,705 ) 297,485 Operating income (loss) 27,778 (10,360 ) 3,893 74,002 — 95,313 Interest expense, net 5,259 4,280 6,260 6,105 — 21,904 Net effect of swaps 2,590 1,778 — — — 4,368 Loss on early debt extinguishment 11,773 8,188 198 2,956 — 23,115 Gain on foreign currency — — (3,183 ) — — (3,183 ) Other (income) expense 63 (14,683 ) 820 13,800 — — Income from investment in affiliates (24,802 ) (31,496 ) (11,890 ) (11,367 ) 79,555 — Income before taxes 32,895 21,573 11,688 62,508 (79,555 ) 49,109 Provision (benefit) for taxes 1,527 (3,230 ) 317 19,127 — 17,741 Net income $ 31,368 $ 24,803 $ 11,371 $ 43,381 $ (79,555 ) $ 31,368 Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (1,282 ) — (1,282 ) — 1,282 (1,282 ) Unrealized gain on cash flow hedging derivatives 1,993 606 — — (606 ) 1,993 Other comprehensive income (loss), (net of tax) 711 606 (1,282 ) — 676 711 Total comprehensive income $ 32,079 $ 25,409 $ 10,089 $ 43,381 $ (78,879 ) $ 32,079 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended June 26, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ 41,344 $ 90,525 $ 30,354 $ 371,023 $ (145,212 ) $ 388,034 Costs and expenses: Cost of food, merchandise, and games revenues — — 2,974 31,592 — 34,566 Operating expenses 3 87,506 13,087 202,141 (145,212 ) 157,525 Selling, general and administrative 761 14,709 3,581 32,320 — 51,371 Depreciation and amortization — 9 5,398 42,892 — 48,299 Loss on impairment / retirement of fixed assets, net — — 5 1,410 — 1,415 764 102,224 25,045 310,355 (145,212 ) 293,176 Operating income (loss) 40,580 (11,699 ) 5,309 60,668 — 94,858 Interest expense, net 7,754 5,625 6,313 1,425 — 21,117 Net effect of swaps 3,215 2,195 — — — 5,410 Gain on foreign currency — — (11,455 ) — — (11,455 ) Other (income) expense 63 (20,767 ) 875 19,829 — — Income from investment in affiliates (31,140 ) (30,419 ) (8,909 ) (14,937 ) 85,405 — Income before taxes 60,688 31,667 18,485 54,351 (85,405 ) 79,786 Provision for taxes 2,705 531 3,548 15,019 — 21,803 Net income $ 57,983 $ 31,136 $ 14,937 $ 39,332 $ (85,405 ) $ 57,983 Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (2,449 ) — (2,449 ) — 2,449 (2,449 ) Unrealized gain on cash flow hedging derivatives 1,993 605 — — (605 ) 1,993 Other comprehensive income (loss), (net of tax) (456 ) 605 (2,449 ) — 1,844 (456 ) Total comprehensive income $ 57,527 $ 31,741 $ 12,488 $ 39,332 $ (83,561 ) $ 57,527 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Six Months Ended June 25, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ 22,673 $ 93,310 $ 28,178 $ 422,562 $ (125,607 ) $ 441,116 Costs and expenses: Cost of food, merchandise, and games revenues — — 2,834 36,895 — 39,729 Operating expenses — 129,433 18,074 222,769 (125,607 ) 244,669 Selling, general and administrative 1,927 29,606 4,053 43,893 — 79,479 Depreciation and amortization — 17 5,013 51,147 — 56,177 Loss on impairment / retirement of fixed assets, net — — 455 1,255 — 1,710 1,927 159,056 30,429 355,959 (125,607 ) 421,764 Operating income (loss) 20,746 (65,746 ) (2,251 ) 66,603 — 19,352 Interest expense, net 13,428 9,588 12,165 5,605 — 40,786 Net effect of swaps 2,740 1,929 — — — 4,669 Loss on early debt extinguishment 11,773 8,188 198 2,956 — 23,115 Gain on foreign currency — — (5,854 ) — — (5,854 ) Other (income) expense 125 (29,947 ) 1,477 28,345 — — (Income) loss from investment in affiliates 23,864 (10,892 ) (7,546 ) (270 ) (5,156 ) — Income (loss) before taxes (31,184 ) (44,612 ) (2,691 ) 29,967 5,156 (43,364 ) Provision (benefit) for taxes 2,202 (20,749 ) (2,959 ) 11,528 — (9,978 ) Net income (loss) $ (33,386 ) $ (23,863 ) $ 268 $ 18,439 $ 5,156 $ (33,386 ) Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (1,942 ) — (1,942 ) — 1,942 (1,942 ) Unrealized gain on cash flow hedging derivatives 3,987 1,211 — — (1,211 ) 3,987 Other comprehensive income (loss), (net of tax) 2,045 1,211 (1,942 ) — 731 2,045 Total comprehensive income (loss) $ (31,341 ) $ (22,652 ) $ (1,674 ) $ 18,439 $ 5,887 $ (31,341 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Six Months Ended June 26, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ 38,844 $ 98,366 $ 30,473 $ 429,339 $ (150,550 ) $ 446,472 Costs and expenses: Cost of food, merchandise, and games revenues — — 2,972 37,831 — 40,803 Operating expenses 12 127,484 18,364 246,819 (150,550 ) 242,129 Selling, general and administrative 1,654 27,895 4,344 43,090 — 76,983 Depreciation and amortization — 18 5,398 48,074 — 53,490 Loss on impairment / retirement of fixed assets, net — — 26 4,001 — 4,027 1,666 155,397 31,104 379,815 (150,550 ) 417,432 Operating income (loss) 37,178 (57,031 ) (631 ) 49,524 — 29,040 Interest expense, net 15,792 12,071 12,349 674 — 40,886 Net effect of swaps 4,658 2,594 — — — 7,252 Gain on foreign currency — — (31,016 ) — — (31,016 ) Other (income) expense 125 (40,138 ) 1,749 38,264 — — (Income) loss from investment in affiliates 3,541 (16,275 ) (5,434 ) (15,662 ) 33,830 — Income (loss) before taxes 13,062 (15,283 ) 21,721 26,248 (33,830 ) 11,918 Provision (benefit) for taxes 3,565 (11,739 ) 6,058 4,537 — 2,421 Net income (loss) $ 9,497 $ (3,544 ) $ 15,663 $ 21,711 $ (33,830 ) $ 9,497 Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (6,844 ) — (6,844 ) — 6,844 (6,844 ) Unrealized loss on cash flow hedging derivatives (638 ) (151 ) — — 151 (638 ) Other comprehensive income (loss), (net of tax) (7,482 ) (151 ) (6,844 ) — 6,995 (7,482 ) Total comprehensive income (loss) $ 2,015 $ (3,695 ) $ 8,819 $ 21,711 $ (26,835 ) $ 2,015 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Six Months Ended June 25, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING ACTIVITIES $ 45,988 $ 53,765 $ 829 $ (12,262 ) $ (651 ) $ 87,669 CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — (157,407 ) 157,407 — Proceeds from returns on investments 338,000 15,500 — 146,500 (500,000 ) — Purchase of identifiable intangible assets — — — (16 ) — (16 ) Capital expenditures — (25 ) (3,891 ) (119,762 ) — (123,678 ) Net cash from (for) investing activities 338,000 15,475 (3,891 ) (130,685 ) (342,593 ) (123,694 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 17,329 140,078 — — (157,407 ) — Payments for returns of capital — — — (500,000 ) 500,000 — Term debt borrowings — 131,000 — 619,000 — 750,000 Note borrowings — — — 500,000 — 500,000 Term debt payments — (124,244 ) (13,854 ) (464,752 ) (602,850 ) Note payments, including amounts paid for early termination (304,014 ) (211,444 ) — — — (515,458 ) Distributions paid to partners (97,303 ) — — — 973 (96,330 ) Payment of debt issuance costs — (1,200 ) — (17,181 ) — (18,381 ) Tax effect of units involved in treasury unit transactions — (1,377 ) — — — (1,377 ) Payments related to tax withholding for equity compensation — (2,053 ) — — — (2,053 ) Net cash from (for) financing activities (383,988 ) (69,240 ) (13,854 ) 137,067 343,566 13,551 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 841 — — 841 CASH AND CASH EQUIVALENTS Net decrease for the period — — (16,075 ) (5,880 ) 322 (21,633 ) Balance, beginning of period — — 65,563 58,178 (1,025 ) 122,716 Balance, end of period $ — $ — $ 49,488 $ 52,298 $ (703 ) $ 101,083 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Six Months Ended June 26, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING $ 73,921 $ (29,386 ) $ 7,756 $ 47,717 $ (1,915 ) $ 98,093 CASH FLOWS FOR INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — 23,844 (23,844 ) — Capital expenditures — — (5,747 ) (100,486 ) — (106,233 ) Net cash for investing activities — — (5,747 ) (76,642 ) (23,844 ) (106,233 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Net borrowings on revolving credit loans — — — 55,000 — 55,000 Term debt payments — (1,236 ) (139 ) (4,625 ) — (6,000 ) Distributions paid to partners (93,938 ) — — — 1,262 (92,676 ) Intercompany payables (payments) receipts (56,990 ) 33,146 — — 23,844 — Tax effect of units involved in treasury unit transactions — (1,604 ) — — — (1,604 ) Payments related to tax withholding for equity compensation — (920 ) — — — (920 ) Net cash from (for) financing activities (150,928 ) 29,386 (139 ) 50,375 25,106 (46,200 ) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 2,868 — — 2,868 CASH AND CASH EQUIVALENTS Net increase (decrease) for the period (77,007 ) — 4,738 21,450 (653 ) (51,472 ) Balance, beginning of period 77,007 — 39,106 3,444 — 119,557 Balance, end of period $ — $ — $ 43,844 $ 24,894 $ (653 ) $ 68,085

Significant Accounting and Re21

Significant Accounting and Reporting Policies (Policies)	6 Months Ended
	Jun. 25, 2017
Accounting Policies [Abstract]
New Accounting Pronouncements	Adopted Accounting Pronouncements In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). The amendments in ASU 2016-09 are meant to simplify the current accounting for share-based payment transactions, specifically the accounting for income taxes, award classification, cash flow presentation, and accounting for forfeitures. ASU 2016-09 is effective for annual and interim periods beginning after December 15, 2016. The Partnership adopted this guidance in the first quarter of 2017. The impact of the guidance included: (1) prospective recognition of excess tax benefits and tax deficiencies as income tax expense (as opposed to the previous recognition in additional paid-in-capital), approximately $0.7 million of excess tax benefits were recognized in benefit for taxes for the six months ended June 25, 2017 ; (2) prospective exclusion of future excess tax benefits and deficiencies in the calculation of diluted shares, which had an immaterial impact on the net loss per limited partner unit for the six months ending June 25, 2017 ; (3) prospective classification of excess tax benefits as an operating activity within the statement of cash flows (as opposed to the previous classification as a financing activity), approximately $0.7 million of excess tax benefits were classified as an operating activity for the six months ended June 25, 2017 ; (4) the formal accounting policy election to recognize forfeitures as they occur (as opposed to estimating a forfeiture accrual), which did not have a material impact on the Partnership's financial statements; (5) retrospective classification of employee taxes paid when an employer withholds shares for tax withholding purposes as a financing activity within the statement of cash flows (as opposed to the previous classification as an operating activity), approximately $0.9 million was reclassified for the six months ended June 26, 2016 . New Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"). The amendments in ASU 2014-09 provide for a single, principles-based model for revenue recognition that replaces the existing revenue recognition guidance. ASU 2014-09 is effective for annual and interim periods beginning after December 15, 2017 and will replace most existing revenue recognition guidance under U.S. GAAP when it becomes effective. It permits the use of either a retrospective or modified retrospective transition method, and early adoption is permitted only as of an annual reporting period beginning after December 15, 2016, including interim reporting periods within that reporting period. The Partnership expects to adopt this standard in the first quarter of 2018 using the modified retrospective method. The Partnership anticipates the primary impact of the adoption on the consolidated financial statements will be the additional required disclosures around revenue recognition in the notes to the consolidated financial statements. The Partnership does not anticipate adoption of the standard to have a material effect on the consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases ("ASU 2016-02"). The amendments in ASU 2016-02 provide that most leases will now be recorded on the balance sheet. ASU 2016-02 is effective for annual and interim periods beginning after December 15, 2018 and will replace most existing lease guidance under U.S. GAAP when it becomes effective. This ASU requires a modified transition method for existing leases and applies to the earliest period presented in the financial statements. The Partnership expects to adopt this standard in the first quarter of 2019. While the Partnership is still in the process of evaluating the effect this standard will have on the consolidated financial statements and related disclosures, the Partnership anticipates recognizing a right-of-use asset and corresponding lease liability on the consolidated balance sheet for the Santa Clara land lease, as well as other operating leases, upon adoption. In January 2017, the FASB issued Accounting Standards Update No. 2017-04, Simplifying the Test for Goodwill Impairment ("ASU 2017-04"). The amendments in ASU 2017-04 eliminates step two from the goodwill impairment test. Instead, an entity should recognize an impairment charge for the amount by which a reporting unit's carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill. ASU 2017-04 is effective for annual and any interim impairment tests for periods beginning after December 15, 2019 on a prospective basis. Early adoption is permitted for annual and any interim impairment tests occurring after January 1, 2017. The Partnership expects to adopt the standard for its 2017 annual impairment test and does not anticipate the adoption of the standard to have a material effect on the consolidated financial statements.

Goodwill and Other Intangible22

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 25, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of changes in Partnership's carrying value of goodwill	A summary of changes in the Partnership’s carrying value of goodwill for the six months ended June 25, 2017 and June 26, 2016 is as follows: (In thousands) Goodwill (gross) Accumulated Impairment Losses Goodwill (net) Balance at December 31, 2016 $ 259,528 $ (79,868 ) $ 179,660 Foreign currency translation 710 — 710 Balance at June 25, 2017 $ 260,238 $ (79,868 ) $ 180,370 Balance at December 31, 2015 $ 290,679 $ (79,868 ) $ 210,811 Foreign currency translation 6,215 — 6,215 Balance at June 26, 2016 $ 296,894 $ (79,868 ) $ 217,026
Partnership's other intangible assets	As of June 25, 2017 , December 31, 2016 , and June 26, 2016 , the Partnership’s other intangible assets consisted of the following: (In thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Value June 25, 2017 Other intangible assets: Trade names $ 35,761 $ — $ 35,761 License / franchise agreements 3,308 (1,416 ) 1,892 Total other intangible assets $ 39,069 $ (1,416 ) $ 37,653 December 31, 2016 Other intangible assets: Trade names $ 35,603 $ — $ 35,603 License / franchise agreements 3,326 (1,092 ) 2,234 Total other intangible assets $ 38,929 $ (1,092 ) $ 37,837 June 26, 2016 Other intangible assets: Trade names $ 36,086 $ — $ 36,086 License / franchise agreements 1,476 (729 ) 747 Total other intangible assets $ 37,562 $ (729 ) $ 36,833

Long-Term Debt Long term debt t

Long-Term Debt Long term debt table (Tables)	6 Months Ended
	Jun. 25, 2017
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt as of June 25, 2017 , December 31, 2016 , and June 26, 2016 consisted of the following: (In thousands) June 25, 2017 December 31, 2016 June 26, 2016 Revolving credit facility (due 2022) $ — $ — $ — Revolving credit facility (due 2018) — — 55,000 Term debt (1) April 2017 U.S. term loan averaging 3.25% (due 2017-2024) 750,000 — — March 2013 U.S. term loan averaging 3.25% (due 2013-2020) — 602,850 602,850 Notes April 2017 U.S. fixed rate notes at 5.375% (due 2027) 500,000 — — June 2014 U.S. fixed rate notes at 5.375% (due 2024) 450,000 450,000 450,000 March 2013 U.S. fixed rate notes at 5.25% (due 2021) — 500,000 500,000 1,700,000 1,552,850 1,607,850 Less current portion (7,500 ) (2,775 ) — 1,692,500 1,550,075 1,607,850 Less debt issuance costs (24,609 ) (15,864 ) (18,085 ) $ 1,667,891 $ 1,534,211 $ 1,589,765 (1) The average interest rate does not reflect the effect of interest rate swap agreements (see Note 6).

Derivative Financial Instrume24

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 25, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair value of derivative instruments in Condensed Consolidated Balance Sheet	The fair market value of the Partnership's swap portfolio was recorded within "Derivative Liability" on the unaudited condensed consolidated balance sheets as of June 25, 2017 , December 31, 2016 , and June 26, 2016 as follows: (In thousands) June 25, 2017 December 31, 2016 June 26, 2016 Derivatives not designated as hedging instruments: Interest rate swaps $ (18,166 ) $ (17,721 ) $ (30,900 )
Effects of derivative instruments on income (loss) and other comprehensive income (loss)	The following table summarizes the effect of derivative instruments on income and other comprehensive income for the six months ended June 25, 2017 and June 26, 2016 : (In thousands) Amount of Gain (Loss) Amount and Location of Gain (Loss) Amount and Location of Gain (Loss) Recognized Designated Derivatives Six months ended 6/25/2017 Six months ended 6/26/2016 Designated Derivatives Six months ended 6/25/2017 Six months ended 6/26/2016 Derivatives Not Designated Six months ended 6/25/2017 Six months ended 6/26/2016 Interest rate swaps $ — $ (4,671 ) Interest Expense $ — $ (851 ) Net effect of swaps $ 60 $ (3,311 ) The following table summarizes the effect of derivative instruments on income and other comprehensive income for the three months ended June 25, 2017 and June 26, 2016 : (In thousands) Amount of Gain (Loss) Amount and Location of Gain (Loss) Amount and Location of Gain (Loss) Recognized in Income on Derivatives Designated Derivatives Three months ended 6/25/2017 Three months ended 6/26/2016 Designated Derivatives Three months ended 6/25/2017 Three months ended 6/26/2016 Derivatives Not Designated Three months ended 6/25/2017 Three months ended 6/26/2016 Interest rate swaps $ — $ — Interest Expense $ — $ — Net effect of swaps $ (2,003 ) $ (3,046 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 25, 2017
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value on recurring basis	The table below presents the balances of assets and liabilities measured at fair value as of June 25, 2017 , December 31, 2016 , and June 26, 2016 on a recurring basis as well as the fair values of other financial instruments: (In thousands) Unaudited Condensed Consolidated Balance Sheet Location Fair Value Hierarchy Level June 25, 2017 December 31, 2016 June 26, 2016 Carrying Value Fair Value Carrying Value Fair Value Carrying Value Fair Value Financial assets (liabilities) measured on a recurring basis: Interest rate swap agreements not designated as cash flow hedges Derivative Liability Level 2 $ (18,166 ) $ (18,166 ) $ (17,721 ) $ (17,721 ) $ (30,900 ) $ (30,900 ) Other financial assets (liabilities): March 2013 term debt Long-Term Debt (1) Level 2 — — $ (600,075 ) $ (603,075 ) $ (602,850 ) $ (604,357 ) April 2017 term debt Long-Term Debt (1) Level 2 $ (742,500 ) $ (747,141 ) — — — — March 2013 notes Long-Term Debt (1) Level 1 — — $ (500,000 ) $ (510,000 ) $ (500,000 ) $ (518,750 ) June 2014 notes Long-Term Debt (1) Level 1 $ (450,000 ) $ (475,875 ) $ (450,000 ) $ (462,375 ) $ (450,000 ) $ (465,750 ) April 2017 notes Long-Term Debt (1) Level 2 $ (500,000 ) $ (529,375 ) — — — — (1) Carrying values of long-term debt balances are before reductions for debt issuance costs of $24.6 million , $15.9 million , and $18.1 million as of June 25, 2017 , December 31, 2016 , and June 26, 2016 , respectively.

Earnings per Unit (Tables)

Earnings per Unit (Tables)	6 Months Ended
	Jun. 25, 2017
Earnings Per Unit [Abstract]
Net income (loss) per limited partner unit	Net income (loss) per limited partner unit is calculated based on the following unit amounts: Three months ended Six months ended 6/25/2017 6/26/2016 6/25/2017 6/26/2016 (In thousands, except per unit amounts) Basic weighted average units outstanding 56,076 55,940 56,025 55,909 Effect of dilutive units: Deferred units 40 30 — 28 Performance units — — — 64 Restricted units 288 253 — 273 Unit options 194 135 — 132 Phantom units — — — — Diluted weighted average units outstanding 56,598 56,358 56,025 56,406 Net income (loss) per unit - basic $ 0.56 $ 1.04 $ (0.60 ) $ 0.17 Net income (loss) per unit - diluted $ 0.55 $ 1.03 $ (0.60 ) $ 0.17

Changes in Accumulated Other 27

Changes in Accumulated Other Comprehensive Income by Component (Tables)	6 Months Ended
	Jun. 25, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables reflect the changes in accumulated other comprehensive income related to limited partners' equity for the six months ended June 25, 2017 and June 26, 2016 : Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at December 31, 2016 $ (15,950 ) $ 18,891 $ 2,941 Other comprehensive income before reclassifications — (1,942 ) (1,942 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($742) (2) 3,987 — 3,987 Net other comprehensive income 3,987 (1,942 ) 2,045 Balance at June 25, 2017 $ (11,963 ) $ 16,949 $ 4,986 (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details. Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at December 31, 2015 $ (19,300 ) $ 22,591 $ 3,291 Other comprehensive income before reclassifications, net of tax $711 and $3,934, respectively (3,960 ) (6,844 ) (10,804 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($619) (2) 3,322 — 3,322 Net other comprehensive income (638 ) (6,844 ) (7,482 ) Balance at June 26, 2016 $ (19,938 ) $ 15,747 $ (4,191 ) (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details. The following tables reflect the changes in accumulated other comprehensive income related to limited partners' equity for the three months ended June 25, 2017 and June 26, 2016 : Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at March 26, 2017 $ (13,956 ) $ 18,231 $ 4,275 Other comprehensive income before reclassifications — (1,282 ) (1,282 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($371) (2) 1,993 — 1,993 Net other comprehensive income 1,993 (1,282 ) 711 Balance at June 25, 2017 $ (11,963 ) $ 16,949 $ 4,986 (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details. Changes in Accumulated Other Comprehensive Income by Component (1) (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at March 27, 2016 $ (21,931 ) $ 18,196 $ (3,735 ) Other comprehensive income before reclassifications, net of tax $1,414 — (2,449 ) (2,449 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($371) (2) 1,993 — 1,993 Net other comprehensive income 1,993 (2,449 ) (456 ) Balance at June 26, 2016 $ (19,938 ) $ 15,747 $ (4,191 ) (1) All amounts are net of tax. Amounts in parentheses indicate debits. (2) See Reclassifications Out of Accumulated Other Comprehensive Income table below for reclassification details.
Reclassification out of accumulated other comprehensive income	Reclassifications Out of Accumulated Other Comprehensive Income (1) Details about Accumulated Other Comprehensive Income Components Amount Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented (In thousands) Three months ended 6/25/2017 Three months ended 6/26/2016 Interest rate contracts $ 2,364 $ 2,364 Net effect of swaps Provision for taxes (371 ) (371 ) Provision (benefit) for taxes Gains and losses on cash flow hedges $ 1,993 $ 1,993 Net of tax (1) Amounts in parentheses indicate gains. Reclassifications Out of Accumulated Other Comprehensive Income (1) Details about Accumulated Other Comprehensive Income Components Amount Reclassified from Accumulated Other Comprehensive Income Affected Line Item in the Statement Where Net Income is Presented (In thousands) Six months ended 6/25/2017 Six months ended 6/26/2016 Interest rate contracts $ 4,729 $ 3,941 Net effect of swaps Provision for taxes (742 ) (619 ) Provision (benefit) for taxes Gains and losses on cash flow hedges $ 3,987 $ 3,322 Net of tax (1) Amounts in parentheses indicate gains.

Consolidating Financial Infor28

Consolidating Financial Information of Guarantors and Issuers (Tables)	6 Months Ended
	Jun. 25, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Balance Sheet	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET June 25, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 49,488 $ 52,298 $ (703 ) $ 101,083 Receivables — 1,285 37,080 778,142 (733,130 ) 83,377 Inventories — — 3,636 39,604 — 43,240 Other current assets 376 374 2,759 32,458 (1,358 ) 34,609 376 1,659 92,963 902,502 (735,191 ) 262,309 Property and Equipment, net — 851 176,352 1,431,423 — 1,608,626 Investment in Park 399,003 866,792 207,621 157,018 (1,630,434 ) — Goodwill 674 — 60,090 119,606 — 180,370 Other Intangibles, net — — 13,409 24,244 — 37,653 Deferred Tax Asset — 22,137 — — (22,137 ) — Other Assets — 2,000 107 18,392 — 20,499 $ 400,053 $ 893,439 $ 550,542 $ 2,653,185 $ (2,387,762 ) $ 2,109,457 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 1,310 $ — $ 6,190 $ — $ 7,500 Accounts payable 445,741 292,715 4,514 36,237 (733,833 ) 45,374 Deferred revenue — — 20,046 173,292 — 193,338 Accrued interest 346 230 1,668 7,491 — 9,735 Accrued taxes 724 12,079 — 18,907 (1,358 ) 30,352 Accrued salaries, wages and benefits — 22,918 2,037 — — 24,955 Self-insurance reserves — 11,900 1,448 13,512 — 26,860 Other accrued liabilities 2,982 3,979 808 8,937 — 16,706 449,793 345,131 30,521 264,566 (735,191 ) 354,820 Deferred Tax Liability — — 13,584 125,350 (22,137 ) 116,797 Derivative Liability 10,900 7,266 — — — 18,166 Other Liabilities — 1,262 — 11,161 — 12,423 Long-Term Debt: Term debt — 128,533 — 602,725 — 731,258 Notes — — 445,062 491,571 — 936,633 — 128,533 445,062 1,094,296 — 1,667,891 Equity (60,640 ) 411,247 61,375 1,157,812 (1,630,434 ) (60,640 ) $ 400,053 $ 893,439 $ 550,542 $ 2,653,185 $ (2,387,762 ) $ 2,109,457 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 65,563 $ 58,178 $ (1,025 ) $ 122,716 Receivables — 1,409 28,019 576,975 (570,989 ) 35,414 Inventories — — 1,371 24,905 — 26,276 Other current assets 173 796 2,229 9,833 (1,761 ) 11,270 173 2,205 97,182 669,891 (573,775 ) 195,676 Property and Equipment, net — 844 175,358 1,363,018 — 1,539,220 Investment in Park 798,076 937,626 200,075 324,282 (2,260,059 ) — Goodwill 674 — 59,381 119,605 — 179,660 Other Intangibles, net — — 13,255 24,582 — 37,837 Deferred Tax Asset — 33,303 — — (33,303 ) — Other Assets — 2,000 108 18,680 — 20,788 $ 798,923 $ 975,978 $ 545,359 $ 2,520,058 $ (2,867,137 ) $ 1,973,181 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 572 $ 64 $ 2,139 $ — 2,775 Accounts payable 428,396 145,258 740 18,471 (572,014 ) 20,851 Deferred revenue — — 5,601 77,164 — 82,765 Accrued interest 4,613 3,207 2,057 109 — 9,986 Accrued taxes 405 18,653 — 41,661 (1,761 ) 58,958 Accrued salaries, wages and benefits — 29,227 1,131 — — 30,358 Self-insurance reserves — 12,490 1,321 13,252 27,063 Other accrued liabilities 2,282 3,018 193 4,434 — 9,927 435,696 212,425 11,107 157,230 (573,775 ) 242,683 Deferred Tax Liability — — 12,838 125,350 (33,303 ) 104,885 Derivative Liability 10,633 7,088 — — — 17,721 Other Liabilities — 1,236 — 11,926 — 13,162 Long-Term Debt: Term debt — 123,672 13,598 456,958 — 594,228 Notes 292,075 203,140 444,768 — — 939,983 292,075 326,812 458,366 456,958 — 1,534,211 Equity 60,519 428,417 63,048 1,768,594 (2,260,059 ) 60,519 $ 798,923 $ 975,978 $ 545,359 $ 2,520,058 $ (2,867,137 ) $ 1,973,181 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET June 26, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 43,844 $ 24,894 $ (653 ) $ 68,085 Receivables (9 ) 1,565 23,381 567,888 (514,819 ) 78,006 Inventories — — 2,310 40,243 — 42,553 Other current assets 377 26,236 3,064 32,359 (25,908 ) 36,128 368 27,801 72,599 665,384 (541,380 ) 224,772 Property and Equipment, net — 885 189,226 1,386,383 — 1,576,494 Investment in Park 667,710 830,528 184,964 295,114 (1,978,316 ) — Goodwill 674 — 96,746 119,606 — 217,026 Other Intangibles, net — — 13,743 23,090 — 36,833 Deferred Tax Asset — 2,549 — — (2,549 ) — Other Assets — 2,000 183 15,073 — 17,256 $ 668,752 $ 863,763 $ 557,461 $ 2,504,650 $ (2,522,245 ) $ 2,072,381 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 377,726 $ 142,024 $ 3,139 $ 32,825 $ (515,472 ) $ 40,242 Deferred revenue — — 17,154 155,908 — 173,062 Accrued interest 4,825 3,343 1,771 1,771 — 11,710 Accrued taxes 2,499 — 5,993 48,245 (25,908 ) 30,829 Accrued salaries, wages and benefits — 31,881 2,081 — — 33,962 Self-insurance reserves — 11,842 1,483 12,263 — 25,588 Other accrued liabilities 1,846 2,737 1,157 8,307 — 14,047 386,896 191,827 32,778 259,319 (541,380 ) 329,440 Deferred Tax Liability — — 18,913 121,865 (2,549 ) 138,229 Derivative Liability 18,540 12,360 — — — 30,900 Other Liabilities — 1,388 — 11,086 — 12,474 Long-Term Debt: Revolving credit loans — — — 55,000 — 55,000 Term debt — 124,244 13,624 458,034 — 595,902 Notes 291,743 202,910 444,210 — — 938,863 291,743 327,154 457,834 513,034 — 1,589,765 Equity (28,427 ) 331,034 47,936 1,599,346 (1,978,316 ) (28,427 ) $ 668,752 $ 863,763 $ 557,461 $ 2,504,650 $ (2,522,245 ) $ 2,072,381
Condensed Consolidating Statement of Operations and Other Comprehensive Income (Loss)	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended June 25, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ 28,811 $ 93,601 $ 27,825 $ 377,266 $ (134,705 ) $ 392,798 Costs and expenses: Cost of food, merchandise, and games revenues — — 2,834 31,415 — 34,249 Operating expenses — 88,841 12,770 193,474 (134,705 ) 160,380 Selling, general and administrative 1,033 15,111 3,307 32,409 — 51,860 Depreciation and amortization — 9 5,011 45,792 — 50,812 Loss on impairment / retirement of fixed assets, net — — 10 174 — 184 1,033 103,961 23,932 303,264 (134,705 ) 297,485 Operating income (loss) 27,778 (10,360 ) 3,893 74,002 — 95,313 Interest expense, net 5,259 4,280 6,260 6,105 — 21,904 Net effect of swaps 2,590 1,778 — — — 4,368 Loss on early debt extinguishment 11,773 8,188 198 2,956 — 23,115 Gain on foreign currency — — (3,183 ) — — (3,183 ) Other (income) expense 63 (14,683 ) 820 13,800 — — Income from investment in affiliates (24,802 ) (31,496 ) (11,890 ) (11,367 ) 79,555 — Income before taxes 32,895 21,573 11,688 62,508 (79,555 ) 49,109 Provision (benefit) for taxes 1,527 (3,230 ) 317 19,127 — 17,741 Net income $ 31,368 $ 24,803 $ 11,371 $ 43,381 $ (79,555 ) $ 31,368 Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (1,282 ) — (1,282 ) — 1,282 (1,282 ) Unrealized gain on cash flow hedging derivatives 1,993 606 — — (606 ) 1,993 Other comprehensive income (loss), (net of tax) 711 606 (1,282 ) — 676 711 Total comprehensive income $ 32,079 $ 25,409 $ 10,089 $ 43,381 $ (78,879 ) $ 32,079 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended June 26, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ 41,344 $ 90,525 $ 30,354 $ 371,023 $ (145,212 ) $ 388,034 Costs and expenses: Cost of food, merchandise, and games revenues — — 2,974 31,592 — 34,566 Operating expenses 3 87,506 13,087 202,141 (145,212 ) 157,525 Selling, general and administrative 761 14,709 3,581 32,320 — 51,371 Depreciation and amortization — 9 5,398 42,892 — 48,299 Loss on impairment / retirement of fixed assets, net — — 5 1,410 — 1,415 764 102,224 25,045 310,355 (145,212 ) 293,176 Operating income (loss) 40,580 (11,699 ) 5,309 60,668 — 94,858 Interest expense, net 7,754 5,625 6,313 1,425 — 21,117 Net effect of swaps 3,215 2,195 — — — 5,410 Gain on foreign currency — — (11,455 ) — — (11,455 ) Other (income) expense 63 (20,767 ) 875 19,829 — — Income from investment in affiliates (31,140 ) (30,419 ) (8,909 ) (14,937 ) 85,405 — Income before taxes 60,688 31,667 18,485 54,351 (85,405 ) 79,786 Provision for taxes 2,705 531 3,548 15,019 — 21,803 Net income $ 57,983 $ 31,136 $ 14,937 $ 39,332 $ (85,405 ) $ 57,983 Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (2,449 ) — (2,449 ) — 2,449 (2,449 ) Unrealized gain on cash flow hedging derivatives 1,993 605 — — (605 ) 1,993 Other comprehensive income (loss), (net of tax) (456 ) 605 (2,449 ) — 1,844 (456 ) Total comprehensive income $ 57,527 $ 31,741 $ 12,488 $ 39,332 $ (83,561 ) $ 57,527 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Six Months Ended June 25, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ 22,673 $ 93,310 $ 28,178 $ 422,562 $ (125,607 ) $ 441,116 Costs and expenses: Cost of food, merchandise, and games revenues — — 2,834 36,895 — 39,729 Operating expenses — 129,433 18,074 222,769 (125,607 ) 244,669 Selling, general and administrative 1,927 29,606 4,053 43,893 — 79,479 Depreciation and amortization — 17 5,013 51,147 — 56,177 Loss on impairment / retirement of fixed assets, net — — 455 1,255 — 1,710 1,927 159,056 30,429 355,959 (125,607 ) 421,764 Operating income (loss) 20,746 (65,746 ) (2,251 ) 66,603 — 19,352 Interest expense, net 13,428 9,588 12,165 5,605 — 40,786 Net effect of swaps 2,740 1,929 — — — 4,669 Loss on early debt extinguishment 11,773 8,188 198 2,956 — 23,115 Gain on foreign currency — — (5,854 ) — — (5,854 ) Other (income) expense 125 (29,947 ) 1,477 28,345 — — (Income) loss from investment in affiliates 23,864 (10,892 ) (7,546 ) (270 ) (5,156 ) — Income (loss) before taxes (31,184 ) (44,612 ) (2,691 ) 29,967 5,156 (43,364 ) Provision (benefit) for taxes 2,202 (20,749 ) (2,959 ) 11,528 — (9,978 ) Net income (loss) $ (33,386 ) $ (23,863 ) $ 268 $ 18,439 $ 5,156 $ (33,386 ) Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (1,942 ) — (1,942 ) — 1,942 (1,942 ) Unrealized gain on cash flow hedging derivatives 3,987 1,211 — — (1,211 ) 3,987 Other comprehensive income (loss), (net of tax) 2,045 1,211 (1,942 ) — 731 2,045 Total comprehensive income (loss) $ (31,341 ) $ (22,652 ) $ (1,674 ) $ 18,439 $ 5,887 $ (31,341 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Six Months Ended June 26, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ 38,844 $ 98,366 $ 30,473 $ 429,339 $ (150,550 ) $ 446,472 Costs and expenses: Cost of food, merchandise, and games revenues — — 2,972 37,831 — 40,803 Operating expenses 12 127,484 18,364 246,819 (150,550 ) 242,129 Selling, general and administrative 1,654 27,895 4,344 43,090 — 76,983 Depreciation and amortization — 18 5,398 48,074 — 53,490 Loss on impairment / retirement of fixed assets, net — — 26 4,001 — 4,027 1,666 155,397 31,104 379,815 (150,550 ) 417,432 Operating income (loss) 37,178 (57,031 ) (631 ) 49,524 — 29,040 Interest expense, net 15,792 12,071 12,349 674 — 40,886 Net effect of swaps 4,658 2,594 — — — 7,252 Gain on foreign currency — — (31,016 ) — — (31,016 ) Other (income) expense 125 (40,138 ) 1,749 38,264 — — (Income) loss from investment in affiliates 3,541 (16,275 ) (5,434 ) (15,662 ) 33,830 — Income (loss) before taxes 13,062 (15,283 ) 21,721 26,248 (33,830 ) 11,918 Provision (benefit) for taxes 3,565 (11,739 ) 6,058 4,537 — 2,421 Net income (loss) $ 9,497 $ (3,544 ) $ 15,663 $ 21,711 $ (33,830 ) $ 9,497 Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (6,844 ) — (6,844 ) — 6,844 (6,844 ) Unrealized loss on cash flow hedging derivatives (638 ) (151 ) — — 151 (638 ) Other comprehensive income (loss), (net of tax) (7,482 ) (151 ) (6,844 ) — 6,995 (7,482 ) Total comprehensive income (loss) $ 2,015 $ (3,695 ) $ 8,819 $ 21,711 $ (26,835 ) $ 2,015
Condensed Consolidating Statement of Cash Flows	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Six Months Ended June 25, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING ACTIVITIES $ 45,988 $ 53,765 $ 829 $ (12,262 ) $ (651 ) $ 87,669 CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — (157,407 ) 157,407 — Proceeds from returns on investments 338,000 15,500 — 146,500 (500,000 ) — Purchase of identifiable intangible assets — — — (16 ) — (16 ) Capital expenditures — (25 ) (3,891 ) (119,762 ) — (123,678 ) Net cash from (for) investing activities 338,000 15,475 (3,891 ) (130,685 ) (342,593 ) (123,694 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 17,329 140,078 — — (157,407 ) — Payments for returns of capital — — — (500,000 ) 500,000 — Term debt borrowings — 131,000 — 619,000 — 750,000 Note borrowings — — — 500,000 — 500,000 Term debt payments — (124,244 ) (13,854 ) (464,752 ) (602,850 ) Note payments, including amounts paid for early termination (304,014 ) (211,444 ) — — — (515,458 ) Distributions paid to partners (97,303 ) — — — 973 (96,330 ) Payment of debt issuance costs — (1,200 ) — (17,181 ) — (18,381 ) Tax effect of units involved in treasury unit transactions — (1,377 ) — — — (1,377 ) Payments related to tax withholding for equity compensation — (2,053 ) — — — (2,053 ) Net cash from (for) financing activities (383,988 ) (69,240 ) (13,854 ) 137,067 343,566 13,551 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 841 — — 841 CASH AND CASH EQUIVALENTS Net decrease for the period — — (16,075 ) (5,880 ) 322 (21,633 ) Balance, beginning of period — — 65,563 58,178 (1,025 ) 122,716 Balance, end of period $ — $ — $ 49,488 $ 52,298 $ (703 ) $ 101,083 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Six Months Ended June 26, 2016 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING $ 73,921 $ (29,386 ) $ 7,756 $ 47,717 $ (1,915 ) $ 98,093 CASH FLOWS FOR INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — 23,844 (23,844 ) — Capital expenditures — — (5,747 ) (100,486 ) — (106,233 ) Net cash for investing activities — — (5,747 ) (76,642 ) (23,844 ) (106,233 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Net borrowings on revolving credit loans — — — 55,000 — 55,000 Term debt payments — (1,236 ) (139 ) (4,625 ) — (6,000 ) Distributions paid to partners (93,938 ) — — — 1,262 (92,676 ) Intercompany payables (payments) receipts (56,990 ) 33,146 — — 23,844 — Tax effect of units involved in treasury unit transactions — (1,604 ) — — — (1,604 ) Payments related to tax withholding for equity compensation — (920 ) — — — (920 ) Net cash from (for) financing activities (150,928 ) 29,386 (139 ) 50,375 25,106 (46,200 ) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 2,868 — — 2,868 CASH AND CASH EQUIVALENTS Net increase (decrease) for the period (77,007 ) — 4,738 21,450 (653 ) (51,472 ) Balance, beginning of period 77,007 — 39,106 3,444 — 119,557 Balance, end of period $ — $ — $ 43,844 $ 24,894 $ (653 ) $ 68,085

Significant Accounting and Re29

Significant Accounting and Reporting Policies (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016	Dec. 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Inventories	$ (42,553)	$ (43,240)	$ (42,553)	$ (26,276)
Other current assets	15,213	15,830	15,213	$ 9,699
Excess tax benefit amount		700
Net cash from financing activities		13,551	(46,200)
Net cash for operating activities		$ (87,669)	(98,093)
Accounting Standards Update 2016-09, Statutory Tax Withholding Component [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash from financing activities			900
Net cash for operating activities	900
Restatement Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Inventories	3,700		3,700
Other current assets	$ 3,700		$ 3,700

Interim Reporting (Details)

Interim Reporting (Details)	6 Months Ended
	Jun. 25, 2017property
Nature of Operations [Line Items]
Number of amusement parks owned and operated	11
Number of outdoor water parks owned and operated	2
Number of indoor water parks owned and operated	1
Number of hotels owned and operated	5
Winterfest parks	4
Minimum [Member]
Nature of Operations [Line Items]
Operating period	130 days
Operating cycle, WinterFest	20 days
Maximum [Member]
Nature of Operations [Line Items]
Operating period	140 days
Operating cycle, WinterFest	25 days

Long-Lived Assets (Narrative) (

Long-Lived Assets (Narrative) (Details)	3 Months Ended
	Sep. 25, 2016property
Property, Plant and Equipment [Abstract]
Closed operations, properties	1

Long-Lived Assets - Wildwater K

Long-Lived Assets - Wildwater Kingdom Held for Sale (Details)	3 Months Ended
	Sep. 25, 2016USD ($)	Jun. 25, 2017USD ($)a
Property, Plant and Equipment [Line Items]
Area of land | a		670
Other Assets [Member]
Property, Plant and Equipment [Line Items]
Land Available-for-sale		$ 17,100,000
Impairment of real estate	$ 0

Goodwill and Other Intangible33

Goodwill and Other Intangible Assets Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Dec. 31, 2016
Goodwill [Roll Forward]
Goodwill (gross), beginning of period	$ 259,528	$ 290,679	$ 290,679
Accumulated Impairment Losses, beginning of period	(79,868)	(79,868)	(79,868)
Goodwill (net), beginning of period	179,660	210,811	210,811
Foreign currency translation	710	6,215
Goodwill (gross), end of period	260,238	296,894	259,528
Accumulated Impairment Losses, ending of period	(79,868)	(79,868)	(79,868)
Goodwill (net), end of period	$ 180,370	$ 217,026	179,660
Adjustment to reduce goodwill and deferred tax liabilities			$ 33,900

Goodwill and Other Intangible34

Goodwill and Other Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 25, 2017	Dec. 31, 2016	Jun. 26, 2016
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Carrying Amount/Value	$ 35,761	$ 35,603	$ 36,086
Accumulated Amortization	(1,416)	(1,092)	(729)
Total other intangible assets, gross carrying amount	39,069	38,929	37,562
Total other intangibe assets, net carrying value	37,653	37,837	36,833
License / Franchise Agreements [Member]
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross Carrying Amount	3,308	3,326	1,476
Accumulated Amortization	(1,416)	(1,092)	(729)
Net Carrying Value	$ 1,892	$ 2,234	$ 747

Long-Term Debt Schedule of Long

Long-Term Debt Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 25, 2017	Dec. 31, 2016	Jun. 26, 2016
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,700,000	$ 1,552,850	$ 1,607,850
Current maturities of long-term debt	(7,500)	(2,775)	0
Long-term debt, excluding current maturities, gross	1,692,500	1,550,075	1,607,850
Deferred finance costs	(24,609)	(15,864)	(18,085)
Total long-term debt	$ 1,667,891	1,534,211	1,589,765
April 2017 Notes [Member]
Debt Instrument [Line Items]
Interest rate, stated percentage	5.375%
Long-term debt, gross	$ 500,000	0	0
5.375% Note [Member]
Debt Instrument [Line Items]
Interest rate, stated percentage	5.375%
Long-term debt, gross	$ 450,000	450,000	450,000
5.25% Note [Member]
Debt Instrument [Line Items]
Interest rate, stated percentage	5.25%
Long-term debt, gross	$ 0	500,000	500,000
Senior Secured Term Loan [Member] | 2017 Credit Agreement [Member]
Debt Instrument [Line Items]
Interest rate during period	3.25%
Long-term debt, gross	$ 750,000	0	0
Senior Secured Term Loan [Member] | 2013 Credit Agreement [Member]
Debt Instrument [Line Items]
Interest rate during period	3.25%
Long-term debt, gross	$ 0	602,850	602,850
Revolving Credit Facility [Member] | Revolving Credit Facility Due 2022 [Member]
Debt Instrument [Line Items]
Long-term debt, gross	0	0	0
Revolving Credit Facility [Member] | Revolving Credit Facility Due 2018 [Member]
Debt Instrument [Line Items]
Long-term debt, gross	$ 0	$ 0	$ 55,000

Long-Term Debt Narrative (Detai

Long-Term Debt Narrative (Details) - USD ($)	Apr. 13, 2017	Apr. 30, 2017	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016	Jun. 30, 2014	Mar. 31, 2013
Debt Instrument [Line Items]
Loss on early debt extinguishment			$ (23,115,000)	$ 0	$ (23,115,000)	$ 0
Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Effective interest rate percentage		2.25%
Periodic principal payment		$ 7,500,000
April 2017 Notes [Member]
Debt Instrument [Line Items]
Interest rate, stated percentage			5.375%		5.375%
April 2017 Notes [Member] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		500,000,000
Interest rate, stated percentage	5.375%
Redemption price, percentage	35.00%
Early call date, premium price, percentage	105.375%
Redemption percentage of original face amount					100.00%
Notes Payable Due 2021 [Member] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Interest rate, stated percentage			5.25%		5.25%
2013 Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument, face amount								$ 885,000,000
2013 Credit Agreement [Member] | Canadian Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt issuance costs	$ 7,600,000
Amortization of debt issuance costs	$ 15,500,000
2013 Credit Agreement [Member] | Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, face amount								630,000,000
2013 Credit Agreement [Member] | Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt instrument, face amount								$ 255,000,000
2017 Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		1,025,000,000
Total indebtedness to consolidated cash flow ratio requirement					5.5
2017 Credit Agreement [Member] | Canadian Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 15,000,000
2017 Credit Agreement [Member] | Canadian Revolving Credit Facility CAD and USD [Member]
Debt Instrument [Line Items]
Interest rate margin over LIBOR		2.00%
2017 Credit Agreement [Member] | Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		$ 750,000,000
2017 Credit Agreement [Member] | Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		$ 275,000,000
Commitment fee percentage		0.375%
Notes Payable due 2024 [Member]
Debt Instrument [Line Items]
Total indebtedness to consolidated cash flow ratio requirement					5
Notes Payable due 2024 [Member] | Maximum [Member]
Debt Instrument [Line Items]
Restricted payment					$ 60,000,000
Notes Payable due 2024 [Member] | Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount							$ 450,000,000
Interest rate, stated percentage							5.375%
Redemption percentage of original face amount					100.00%

Derivative Financial Instrume37

Derivative Financial Instruments (Narrative) (Details) - 2013 forwards [Member] - Cash Flow Hedging [Member] - Forward-Starting Interest Rate Swap [Member] $ in Millions	3 Months Ended
	Mar. 27, 2016USD ($)contract
Derivative [Line Items]
Number of derivative instruments | contract	4
Derivative, extension of maturity (in years)	2 years
Derivative, amount of hedged item | $	$ 500
Average rate	2.64%

Derivative Financial Instrume38

Derivative Financial Instruments Balance Sheet Location (Details) - USD ($) $ in Thousands	Jun. 25, 2017	Dec. 31, 2016	Jun. 26, 2016
Derivatives, Fair Value [Line Items]
Derivative Liability	$ (18,166)	$ (17,721)	$ (30,900)
Interest Rate Swap [Member] | Not Designated As Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	$ (18,166)	$ (17,721)	$ (30,900)

Derivative Financial Instrume39

Derivative Financial Instruments Income Statement Location (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Derivative [Line Items]
Net effect of swaps	$ (4,368,000)	$ (5,410,000)	$ (4,669,000)	$ (7,252,000)
Interest Rate Swap [Member]
Derivative [Line Items]
Amortization of deferred hedge gains	2,400,000	2,400,000	4,700,000	3,900,000
Cash Flow Hedging [Member] | Forward-Starting Interest Rate Swap [Member]
Derivative [Line Items]
Interest rate cash flow hedge gain (loss) to be reclassified	9,500,000		9,500,000
Accumulated other comprehensive income (loss) related to cash flow hedges	(14,200,000)		(14,200,000)
Designated As Hedging [Member]
Derivative [Line Items]
Interest rate cash flow hedge gain (loss) to be reclassified	0		0
Designated As Hedging [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Amount of Gain (Loss) recognized in OCI on Derivatives (Effective Portion)	0	0	0	(4,671,000)
Interest Expense [Member] | Designated As Hedging [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Amount and Location of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	0	0	0	(851,000)
Net Effect of Swaps [Member] | Designated As Hedging [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Amount and Location of Gain (Loss) Recognized in Income on Derivatives	$ (2,003,000)	$ (3,046,000)	$ 60,000	$ (3,311,000)

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Jun. 25, 2017	Dec. 31, 2016	Jun. 26, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred finance costs	$ 24,609	$ 15,864	$ 18,085
Derivative Liability [Member] | Not Designated As Hedging [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	(18,166)	(17,721)	(30,900)
Reported Value Measurement [Member] | Derivative Liability [Member] | Not Designated As Hedging [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value, net	(18,166)	(17,721)	(30,900)
Credit Agreement 2013 [Member] | Long-term Debt [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of term debt	0	(603,075)	(604,357)
Credit Agreement 2013 [Member] | Reported Value Measurement [Member] | Long-term Debt [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of term debt	0	(600,075)	(602,850)
2017 Credit Agreement [Member] | Long-term Debt [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of term debt	(747,141)	0	0
2017 Credit Agreement [Member] | Reported Value Measurement [Member] | Long-term Debt [Member] | Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of term debt	(742,500)	0	0
Notes Payable Due 2021 [Member] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	0	(510,000)	(518,750)
Notes Payable Due 2021 [Member] | Reported Value Measurement [Member] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	0	(500,000)	(500,000)
Notes Payable due 2024 [Member] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	(475,875)	(462,375)	(465,750)
Notes Payable due 2024 [Member] | Reported Value Measurement [Member] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	(450,000)	(450,000)	(450,000)
April 2017 Notes [Member] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	(529,375)	0	0
April 2017 Notes [Member] | Reported Value Measurement [Member] | Long-term Debt [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	$ (500,000)	$ 0	$ 0

Earnings per Unit (Details)

Earnings per Unit (Details) - $ / shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Earnings Per Unit [Abstract]
Basic weighted average units outstanding (in shares)	56,076	55,940	56,025	55,909
Effect of dilutive units:
Deferred units (in shares)	40	30	0	28
Performance units (in shares)	0	0	0	64
Restricted units (in shares)	288	253	0	273
Unit options (in shares)	194	135	0	132
Phantom units (in shares)	0	0	0	0
Diluted weighted average units outstanding (in shares)	56,598	56,358	56,025	56,406
Net income (loss) per limited partner unit - basic (in dollars per share)	$ 0.56	$ 1.04	$ (0.60)	$ 0.17
Net income (loss) per limited partner unit - diluted (in dollars per share)	$ 0.55	$ 1.03	$ (0.60)	$ 0.17

Income and Partnership Taxes Un

Income and Partnership Taxes Unrecognized Tax Position (Details) $ in Millions	6 Months Ended
	Jun. 25, 2017USD ($)
Income Tax Disclosure [Abstract]
Unrecognized tax benefit	$ 0.9

Changes in Accumulated Other 43

Changes in Accumulated Other Comprehensive Income by Component Changes in AOCI by Component (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Net current-period other comprehensive income	$ 711	$ (456)	$ 2,045	$ (7,482)
Other comprehensive income before reclassification tax effect	0	0	0	711
Provision (benefit) for taxes	(17,741)	(21,803)	9,978	(2,421)
Foreign currency translation adjustment, tax		1,414	0	3,934
Gains and Losses on Cash Flow Hedges [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning	(13,956)	(21,931)	(15,950)	(19,300)
Other comprehensive income before reclassifications	0	0	0	(3,960)
Amounts reclassified from accumulated other comprehensive income	1,993	1,993	3,987	3,322
Net current-period other comprehensive income	1,993	1,993	3,987	(638)
Balance, ending	(11,963)	(19,938)	(11,963)	(19,938)
Foreign Currency Items [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning	18,231	18,196	18,891	22,591
Other comprehensive income before reclassifications	(1,282)	(2,449)	(1,942)	(6,844)
Amounts reclassified from accumulated other comprehensive income	0	0	0	0
Net current-period other comprehensive income	(1,282)	(2,449)	(1,942)	(6,844)
Balance, ending	16,949	15,747	16,949	15,747
AOCI Attributable to Parent [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning	4,275	(3,735)	2,941	3,291
Other comprehensive income before reclassifications	(1,282)	(2,449)	(1,942)	(10,804)
Amounts reclassified from accumulated other comprehensive income	1,993	1,993	3,987	3,322
Net current-period other comprehensive income	711	(456)	2,045	(7,482)
Balance, ending	$ 4,986	$ (4,191)	$ 4,986	$ (4,191)

Changes in Accumulated Other 44

Changes in Accumulated Other Comprehensive Income by Component Reclassifications Out of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net effect of swaps	$ (4,368)	$ (5,410)	$ (4,669)	$ (7,252)
Provision (benefit) for taxes	(17,741)	(21,803)	9,978	(2,421)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision (benefit) for taxes	(371)	(371)	(742)	(619)
Net income (loss)	1,993	1,993	3,987	3,322
Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision (benefit) for taxes	(371)	(371)	(742)	(619)
Interest Rate Contracts [Member] | Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net effect of swaps	$ 2,364	$ 2,364	$ 4,729	$ 3,941

Consolidating Financial Infor45

Consolidating Financial Information of Guarantors and Issuers (Details)	Jun. 25, 2017
Senior Unsecured Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Subsidiary Ownership Percentage Guaranteering Notes	100.00%

Consolidating Financial Infor46

Consolidating Financial Information of Guarantors and Issuers Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 25, 2017	Dec. 31, 2016	Jun. 26, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 101,083	$ 122,716	$ 68,085	$ 119,557
Receivables	83,377	35,414	78,006
Inventories	43,240	26,276	42,553
Other current assets	34,609	11,270	36,128
Total current assets	262,309	195,676	224,772
Property and Equipment, net	1,608,626	1,539,220	1,576,494
Investment in Park	0	0	0
Goodwill	180,370	179,660	217,026	210,811
Other Intangibles, net	37,653	37,837	36,833
Deferred Tax Asset	0	0	0
Other Assets	20,499	20,788	17,256
Total Assets	2,109,457	1,973,181	2,072,381
Current Liabilities:
Current maturities of long-term debt	7,500	2,775	0
Accounts payable	45,374	20,851	40,242
Deferred revenue	193,338	82,765	173,062
Accrued interest	9,735	9,986	11,710
Accrued taxes	30,352	58,958	30,829
Accrued salaries, wages and benefits	24,955	30,358	33,962
Self-insurance reserves	26,860	27,063	25,588
Other accrued liabilities	16,706	9,927	14,047
Total current liabilities	354,820	242,683	329,440
Deferred Tax Liability	116,797	104,885	138,229
Derivative Liability	18,166	17,721	30,900
Other Liabilities	12,423	13,162	12,474
Long-Term Debt:
Revolving credit loans	0	0	55,000
Term debt	731,258	594,228	595,902
Notes	936,633	939,983	938,863
Total long-term debt	1,667,891	1,534,211	1,589,765
Total partners' equity	(60,640)	60,519	(28,427)
Total Liabilities and Partners' Equity	2,109,457	1,973,181	2,072,381
Cedar Fair L.P. (Parent) [Member]
Current Assets:
Cash and cash equivalents	0	0	0	77,007
Receivables	0	0	(9)
Inventories	0	0	0
Other current assets	376	173	377
Total current assets	376	173	368
Property and Equipment, net	0	0	0
Investment in Park	399,003	798,076	667,710
Goodwill	674	674	674
Other Intangibles, net	0	0	0
Deferred Tax Asset	0	0	0
Other Assets	0	0	0
Total Assets	400,053	798,923	668,752
Current Liabilities:
Current maturities of long-term debt	0	0
Accounts payable	445,741	428,396	377,726
Deferred revenue	0	0	0
Accrued interest	346	4,613	4,825
Accrued taxes	724	405	2,499
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	0	0	0
Other accrued liabilities	2,982	2,282	1,846
Total current liabilities	449,793	435,696	386,896
Deferred Tax Liability	0	0	0
Derivative Liability	10,900	10,633	18,540
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans			0
Term debt	0	0	0
Notes	0	292,075	291,743
Total long-term debt	0	292,075	291,743
Total partners' equity	(60,640)	60,519	(28,427)
Total Liabilities and Partners' Equity	400,053	798,923	668,752
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]
Current Assets:
Cash and cash equivalents	0	0	0	0
Receivables	1,285	1,409	1,565
Inventories	0	0	0
Other current assets	374	796	26,236
Total current assets	1,659	2,205	27,801
Property and Equipment, net	851	844	885
Investment in Park	866,792	937,626	830,528
Goodwill	0	0	0
Other Intangibles, net	0	0	0
Deferred Tax Asset	22,137	33,303	2,549
Other Assets	2,000	2,000	2,000
Total Assets	893,439	975,978	863,763
Current Liabilities:
Current maturities of long-term debt	1,310	572
Accounts payable	292,715	145,258	142,024
Deferred revenue	0	0	0
Accrued interest	230	3,207	3,343
Accrued taxes	12,079	18,653	0
Accrued salaries, wages and benefits	22,918	29,227	31,881
Self-insurance reserves	11,900	12,490	11,842
Other accrued liabilities	3,979	3,018	2,737
Total current liabilities	345,131	212,425	191,827
Deferred Tax Liability	0	0	0
Derivative Liability	7,266	7,088	12,360
Other Liabilities	1,262	1,236	1,388
Long-Term Debt:
Revolving credit loans			0
Term debt	128,533	123,672	124,244
Notes	0	203,140	202,910
Total long-term debt	128,533	326,812	327,154
Total partners' equity	411,247	428,417	331,034
Total Liabilities and Partners' Equity	893,439	975,978	863,763
Co-Issuer Subsidiary (Cedar Canada) [Member]
Current Assets:
Cash and cash equivalents	49,488	65,563	43,844	39,106
Receivables	37,080	28,019	23,381
Inventories	3,636	1,371	2,310
Other current assets	2,759	2,229	3,064
Total current assets	92,963	97,182	72,599
Property and Equipment, net	176,352	175,358	189,226
Investment in Park	207,621	200,075	184,964
Goodwill	60,090	59,381	96,746
Other Intangibles, net	13,409	13,255	13,743
Deferred Tax Asset	0	0	0
Other Assets	107	108	183
Total Assets	550,542	545,359	557,461
Current Liabilities:
Current maturities of long-term debt	0	64
Accounts payable	4,514	740	3,139
Deferred revenue	20,046	5,601	17,154
Accrued interest	1,668	2,057	1,771
Accrued taxes	0	0	5,993
Accrued salaries, wages and benefits	2,037	1,131	2,081
Self-insurance reserves	1,448	1,321	1,483
Other accrued liabilities	808	193	1,157
Total current liabilities	30,521	11,107	32,778
Deferred Tax Liability	13,584	12,838	18,913
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans			0
Term debt	0	13,598	13,624
Notes	445,062	444,768	444,210
Total long-term debt	445,062	458,366	457,834
Total partners' equity	61,375	63,048	47,936
Total Liabilities and Partners' Equity	550,542	545,359	557,461
Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	52,298	58,178	24,894	3,444
Receivables	778,142	576,975	567,888
Inventories	39,604	24,905	40,243
Other current assets	32,458	9,833	32,359
Total current assets	902,502	669,891	665,384
Property and Equipment, net	1,431,423	1,363,018	1,386,383
Investment in Park	157,018	324,282	295,114
Goodwill	119,606	119,605	119,606
Other Intangibles, net	24,244	24,582	23,090
Deferred Tax Asset	0	0	0
Other Assets	18,392	18,680	15,073
Total Assets	2,653,185	2,520,058	2,504,650
Current Liabilities:
Current maturities of long-term debt	6,190	2,139
Accounts payable	36,237	18,471	32,825
Deferred revenue	173,292	77,164	155,908
Accrued interest	7,491	109	1,771
Accrued taxes	18,907	41,661	48,245
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	13,512	13,252	12,263
Other accrued liabilities	8,937	4,434	8,307
Total current liabilities	264,566	157,230	259,319
Deferred Tax Liability	125,350	125,350	121,865
Derivative Liability	0	0	0
Other Liabilities	11,161	11,926	11,086
Long-Term Debt:
Revolving credit loans			55,000
Term debt	602,725	456,958	458,034
Notes	491,571	0	0
Total long-term debt	1,094,296	456,958	513,034
Total partners' equity	1,157,812	1,768,594	1,599,346
Total Liabilities and Partners' Equity	2,653,185	2,520,058	2,504,650
Consolidation, Eliminations [Member]
Current Assets:
Cash and cash equivalents	(703)	(1,025)	(653)	$ 0
Receivables	(733,130)	(570,989)	(514,819)
Inventories	0	0	0
Other current assets	(1,358)	(1,761)	(25,908)
Total current assets	(735,191)	(573,775)	(541,380)
Property and Equipment, net	0	0	0
Investment in Park	(1,630,434)	(2,260,059)	(1,978,316)
Goodwill	0	0	0
Other Intangibles, net	0	0	0
Deferred Tax Asset	(22,137)	(33,303)	(2,549)
Other Assets	0	0	0
Total Assets	(2,387,762)	(2,867,137)	(2,522,245)
Current Liabilities:
Current maturities of long-term debt	0	0
Accounts payable	(733,833)	(572,014)	(515,472)
Deferred revenue	0	0	0
Accrued interest	0	0	0
Accrued taxes	(1,358)	(1,761)	(25,908)
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	0		0
Other accrued liabilities	0	0	0
Total current liabilities	(735,191)	(573,775)	(541,380)
Deferred Tax Liability	(22,137)	(33,303)	(2,549)
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans			0
Term debt	0	0	0
Notes	0	0	0
Total long-term debt	0	0	0
Total partners' equity	(1,630,434)	(2,260,059)	(1,978,316)
Total Liabilities and Partners' Equity	$ (2,387,762)	$ (2,867,137)	$ (2,522,245)

Consolidating Financial Infor47

Consolidating Financial Information of Guarantors and Issuers Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016	Jun. 25, 2017	Jun. 26, 2016
Condensed Financial Statements, Captions [Line Items]
Net revenues	$ 392,798	$ 388,034	$ 441,116	$ 446,472
Costs and expenses:
Cost of food, merchandise, and games revenues	34,249	34,566	39,729	40,803
Operating expenses	160,380	157,525	244,669	242,129
Selling, general and administrative	51,860	51,371	79,479	76,983
Depreciation and amortization	50,812	48,299	56,177	53,490
Loss on impairment / retirement of fixed assets, net	184	1,415	1,710	4,027
Total costs and expenses	297,485	293,176	421,764	417,432
Operating income	95,313	94,858	19,352	29,040
Interest expense, net	21,904	21,117	40,786	40,886
Net effect of swaps	4,368	5,410	4,669	7,252
Loss on early debt extinguishment	23,115	0	23,115	0
Unrealized / realized foreign currency (gain) loss	(3,183)	(11,455)	(5,854)	(31,016)
Other (income) expense	0	0	0	0
Income from investment in affiliates	0	0	0	0
Income (loss) before taxes	49,109	79,786	(43,364)	11,918
Provision (benefit) for taxes	17,741	21,803	(9,978)	2,421
Net income (loss)	31,368	57,983	(33,386)	9,497
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(1,282)	(2,449)	(1,942)	(6,844)
Unrealized gain (loss) on cash flow hedging derivatives	1,993	1,993	3,987	(638)
Other comprehensive income (loss), (net of tax)	711	(456)	2,045	(7,482)
Total comprehensive income (loss)	32,079	57,527	(31,341)	2,015
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	(134,705)	(145,212)	(125,607)	(150,550)
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0	0	0
Operating expenses	(134,705)	(145,212)	(125,607)	(150,550)
Selling, general and administrative	0	0	0	0
Depreciation and amortization	0	0	0	0
Loss on impairment / retirement of fixed assets, net	0	0	0	0
Total costs and expenses	(134,705)	(145,212)	(125,607)	(150,550)
Operating income	0	0	0	0
Interest expense, net	0	0	0	0
Net effect of swaps	0	0	0	0
Loss on early debt extinguishment	0		0
Unrealized / realized foreign currency (gain) loss	0	0	0	0
Other (income) expense	0	0	0	0
Income from investment in affiliates	79,555	85,405	(5,156)	33,830
Income (loss) before taxes	(79,555)	(85,405)	5,156	(33,830)
Provision (benefit) for taxes	0	0	0	0
Net income (loss)	(79,555)	(85,405)	5,156	(33,830)
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	1,282	2,449	1,942	6,844
Unrealized gain (loss) on cash flow hedging derivatives	(606)	(605)	(1,211)	151
Other comprehensive income (loss), (net of tax)	676	1,844	731	6,995
Total comprehensive income (loss)	(78,879)	(83,561)	5,887	(26,835)
Cedar Fair L.P. (Parent) [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	28,811	41,344	22,673	38,844
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0	0	0
Operating expenses	0	3	0	12
Selling, general and administrative	1,033	761	1,927	1,654
Depreciation and amortization	0	0	0	0
Loss on impairment / retirement of fixed assets, net	0	0	0	0
Total costs and expenses	1,033	764	1,927	1,666
Operating income	27,778	40,580	20,746	37,178
Interest expense, net	5,259	7,754	13,428	15,792
Net effect of swaps	2,590	3,215	2,740	4,658
Loss on early debt extinguishment	11,773		(11,773)
Unrealized / realized foreign currency (gain) loss	0	0	0	0
Other (income) expense	63	63	125	125
Income from investment in affiliates	(24,802)	(31,140)	23,864	3,541
Income (loss) before taxes	32,895	60,688	(31,184)	13,062
Provision (benefit) for taxes	1,527	2,705	2,202	3,565
Net income (loss)	31,368	57,983	(33,386)	9,497
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(1,282)	(2,449)	(1,942)	(6,844)
Unrealized gain (loss) on cash flow hedging derivatives	1,993	1,993	3,987	(638)
Other comprehensive income (loss), (net of tax)	711	(456)	2,045	(7,482)
Total comprehensive income (loss)	32,079	57,527	(31,341)	2,015
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	93,601	90,525	93,310	98,366
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0	0	0
Operating expenses	88,841	87,506	129,433	127,484
Selling, general and administrative	15,111	14,709	29,606	27,895
Depreciation and amortization	9	9	17	18
Loss on impairment / retirement of fixed assets, net	0	0	0	0
Total costs and expenses	103,961	102,224	159,056	155,397
Operating income	(10,360)	(11,699)	(65,746)	(57,031)
Interest expense, net	4,280	5,625	9,588	12,071
Net effect of swaps	1,778	2,195	1,929	2,594
Loss on early debt extinguishment	8,188		(8,188)
Unrealized / realized foreign currency (gain) loss	0	0	0	0
Other (income) expense	(14,683)	(20,767)	(29,947)	(40,138)
Income from investment in affiliates	(31,496)	(30,419)	(10,892)	(16,275)
Income (loss) before taxes	21,573	31,667	(44,612)	(15,283)
Provision (benefit) for taxes	(3,230)	531	(20,749)	(11,739)
Net income (loss)	24,803	31,136	(23,863)	(3,544)
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	0	0	0	0
Unrealized gain (loss) on cash flow hedging derivatives	606	605	1,211	(151)
Other comprehensive income (loss), (net of tax)	606	605	1,211	(151)
Total comprehensive income (loss)	25,409	31,741	(22,652)	(3,695)
Co-Issuer Subsidiary (Cedar Canada) [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	27,825	30,354	28,178	30,473
Costs and expenses:
Cost of food, merchandise, and games revenues	2,834	2,974	2,834	2,972
Operating expenses	12,770	13,087	18,074	18,364
Selling, general and administrative	3,307	3,581	4,053	4,344
Depreciation and amortization	5,011	5,398	5,013	5,398
Loss on impairment / retirement of fixed assets, net	10	5	455	26
Total costs and expenses	23,932	25,045	30,429	31,104
Operating income	3,893	5,309	(2,251)	(631)
Interest expense, net	6,260	6,313	12,165	12,349
Net effect of swaps	0	0	0	0
Loss on early debt extinguishment	198		(198)
Unrealized / realized foreign currency (gain) loss	(3,183)	(11,455)	(5,854)	(31,016)
Other (income) expense	820	875	1,477	1,749
Income from investment in affiliates	(11,890)	(8,909)	(7,546)	(5,434)
Income (loss) before taxes	11,688	18,485	(2,691)	21,721
Provision (benefit) for taxes	317	3,548	(2,959)	6,058
Net income (loss)	11,371	14,937	268	15,663
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(1,282)	(2,449)	(1,942)	(6,844)
Unrealized gain (loss) on cash flow hedging derivatives	0	0	0	0
Other comprehensive income (loss), (net of tax)	(1,282)	(2,449)	(1,942)	(6,844)
Total comprehensive income (loss)	10,089	12,488	(1,674)	8,819
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	377,266	371,023	422,562	429,339
Costs and expenses:
Cost of food, merchandise, and games revenues	31,415	31,592	36,895	37,831
Operating expenses	193,474	202,141	222,769	246,819
Selling, general and administrative	32,409	32,320	43,893	43,090
Depreciation and amortization	45,792	42,892	51,147	48,074
Loss on impairment / retirement of fixed assets, net	174	1,410	1,255	4,001
Total costs and expenses	303,264	310,355	355,959	379,815
Operating income	74,002	60,668	66,603	49,524
Interest expense, net	6,105	1,425	5,605	674
Net effect of swaps	0	0	0	0
Loss on early debt extinguishment	2,956		(2,956)
Unrealized / realized foreign currency (gain) loss	0	0	0	0
Other (income) expense	13,800	19,829	28,345	38,264
Income from investment in affiliates	(11,367)	(14,937)	(270)	(15,662)
Income (loss) before taxes	62,508	54,351	29,967	26,248
Provision (benefit) for taxes	19,127	15,019	11,528	4,537
Net income (loss)	43,381	39,332	18,439	21,711
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	0	0	0	0
Unrealized gain (loss) on cash flow hedging derivatives	0	0	0	0
Other comprehensive income (loss), (net of tax)	0	0	0	0
Total comprehensive income (loss)	$ 43,381	$ 39,332	$ 18,439	$ 21,711

Consolidating Financial Infor48

Consolidating Financial Information of Guarantors and Issuers Cash Flows (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 25, 2017	Jun. 26, 2016
Condensed Financial Statements, Captions [Line Items]
NET CASH FROM (FOR) OPERATING ACTIVITIES	$ 87,669	$ 98,093
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	0	0
Proceeds from returns on investments	0
Purchase of identifiable intangible assets	(16)	0
Capital expenditures	(123,678)	(106,233)
Net cash for investing activities	(123,694)	(106,233)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Payments for returns of capital	0
Net borrowings on revolving credit loans	0	55,000
Term debt borrowings	750,000	0
Note borrowings	500,000	0
Term debt payments	(602,850)	(6,000)
Note payments, including amounts paid for early termination	(515,458)	0
Distributions paid to partners	(96,330)	(92,676)
Payment of debt issuance costs	(18,381)	0
Tax effect of units involved in treasury unit transactions	(1,377)	(1,604)
Payments related to tax withholding for equity compensation	(2,053)	(920)
Net cash from (for) financing activities	13,551	(46,200)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	841	2,868
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(21,633)	(51,472)
Balance, beginning of period	122,716	119,557
Balance, end of period	101,083	68,085
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH FROM (FOR) OPERATING ACTIVITIES	(651)	(1,915)
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	157,407	(23,844)
Proceeds from returns on investments	(500,000)
Purchase of identifiable intangible assets	0
Capital expenditures	0	0
Net cash for investing activities	(342,593)	(23,844)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	(157,407)	23,844
Payments for returns of capital	500,000
Net borrowings on revolving credit loans		0
Term debt borrowings	0
Note borrowings	0
Term debt payments		0
Note payments, including amounts paid for early termination	0
Distributions paid to partners	973	1,262
Payment of debt issuance costs	0
Tax effect of units involved in treasury unit transactions	0	0
Payments related to tax withholding for equity compensation	0	0
Net cash from (for) financing activities	343,566	25,106
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	322	(653)
Balance, beginning of period	(1,025)	0
Balance, end of period	(703)	(653)
Cedar Fair L.P. (Parent) [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH FROM (FOR) OPERATING ACTIVITIES	45,988	73,921
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	0	0
Proceeds from returns on investments	338,000
Purchase of identifiable intangible assets	0
Capital expenditures	0	0
Net cash for investing activities	338,000	0
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	17,329	(56,990)
Payments for returns of capital	0
Net borrowings on revolving credit loans		0
Term debt borrowings	0
Note borrowings	0
Term debt payments	0	0
Note payments, including amounts paid for early termination	(304,014)
Distributions paid to partners	(97,303)	(93,938)
Payment of debt issuance costs	0
Tax effect of units involved in treasury unit transactions	0	0
Payments related to tax withholding for equity compensation	0	0
Net cash from (for) financing activities	(383,988)	(150,928)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	0	(77,007)
Balance, beginning of period	0	77,007
Balance, end of period	0	0
Guarantor Subsidiaries Co Issuer Subsidiary Magnum [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH FROM (FOR) OPERATING ACTIVITIES	53,765	(29,386)
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	0	0
Proceeds from returns on investments	15,500
Purchase of identifiable intangible assets	0
Capital expenditures	(25)	0
Net cash for investing activities	15,475	0
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	140,078	33,146
Payments for returns of capital	0
Net borrowings on revolving credit loans		0
Term debt borrowings	131,000
Note borrowings	0
Term debt payments	(124,244)	(1,236)
Note payments, including amounts paid for early termination	(211,444)
Distributions paid to partners	0	0
Payment of debt issuance costs	(1,200)
Tax effect of units involved in treasury unit transactions	(1,377)	(1,604)
Payments related to tax withholding for equity compensation	(2,053)	(920)
Net cash from (for) financing activities	(69,240)	29,386
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	0	0
Balance, beginning of period	0	0
Balance, end of period	0	0
Co-Issuer Subsidiary (Cedar Canada) [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH FROM (FOR) OPERATING ACTIVITIES	829	7,756
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	0	0
Proceeds from returns on investments	0
Purchase of identifiable intangible assets	0
Capital expenditures	(3,891)	(5,747)
Net cash for investing activities	(3,891)	(5,747)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Payments for returns of capital	0
Net borrowings on revolving credit loans		0
Term debt borrowings	0
Note borrowings	0
Term debt payments	(13,854)	(139)
Note payments, including amounts paid for early termination	0
Distributions paid to partners	0	0
Payment of debt issuance costs	0
Tax effect of units involved in treasury unit transactions	0	0
Payments related to tax withholding for equity compensation	0	0
Net cash from (for) financing activities	(13,854)	(139)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	841	2,868
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(16,075)	4,738
Balance, beginning of period	65,563	39,106
Balance, end of period	49,488	43,844
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH FROM (FOR) OPERATING ACTIVITIES	(12,262)	47,717
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	(157,407)	23,844
Proceeds from returns on investments	146,500
Purchase of identifiable intangible assets	(16)
Capital expenditures	(119,762)	(100,486)
Net cash for investing activities	(130,685)	(76,642)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Payments for returns of capital	(500,000)
Net borrowings on revolving credit loans		55,000
Term debt borrowings	619,000
Note borrowings	500,000
Term debt payments	(464,752)	(4,625)
Note payments, including amounts paid for early termination	0
Distributions paid to partners	0	0
Payment of debt issuance costs	(17,181)
Tax effect of units involved in treasury unit transactions	0	0
Payments related to tax withholding for equity compensation	0	0
Net cash from (for) financing activities	137,067	50,375
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(5,880)	21,450
Balance, beginning of period	58,178	3,444
Balance, end of period	$ 52,298	$ 24,894