Six Flags Entertainment (FUN) 10-Q 2 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 25, 2018	Apr. 30, 2018
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 25, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
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		56,416,016

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 25, 2018	Dec. 31, 2017	Mar. 26, 2017
Current Assets:
Cash and cash equivalents	$ 42,888	$ 166,245	$ 34,242
Receivables	30,795	37,722	28,585
Inventories	40,303	29,719	37,938
Prepaid advertising	25,590	3,031	20,046
Other current assets	14,408	10,266	10,423
Total current assets	153,984	246,983	131,234
Property and Equipment:
Land	269,253	271,021	266,433
Land improvements	423,425	421,593	403,830
Buildings	694,029	693,899	664,936
Rides and equipment	1,751,051	1,740,653	1,649,934
Construction in progress	94,602	72,847	97,920
Total property and equipment, gross	3,232,360	3,200,013	3,083,053
Less accumulated depreciation	(1,611,261)	(1,614,241)	(1,494,405)
Total property and equipment, net	1,621,099	1,585,772	1,588,648
Goodwill	182,291	183,830	179,899
Other Intangibles, net	37,710	38,064	37,724
Other Assets	9,507	9,510	20,774
Total Assets	2,004,591	2,064,159	1,958,279
Current Liabilities:
Current maturities of long-term debt	0	0	4,350
Accounts payable	39,812	24,621	44,715
Deferred revenue	124,513	86,131	116,132
Accrued interest	21,119	8,124	11,013
Accrued taxes	10,176	43,975	8,536
Accrued salaries, wages and benefits	14,513	18,740	14,427
Self-insurance reserves	24,811	25,107	25,833
Other accrued liabilities	18,236	18,796	11,619
Total current liabilities	253,180	225,494	236,625
Deferred Tax Liability	87,459	74,798	122,007
Derivative Liability	2,730	8,722	15,658
Other Liabilities	11,403	11,684	12,923
Long-Term Debt:
Revolving credit loans	40,000	0	85,000
Term debt	723,525	723,788	593,197
Notes	937,257	936,727	940,421
Total long-term debt	1,700,782	1,660,515	1,618,618
Partners’ Equity:
Special L.P. interests	5,290	5,290	5,290
General partner	(1)	0	(1)
Limited partners, 56,416, 56,359 and 56,236 units outstanding at March 25, 2018, December 31, 2017 and March 26, 2017, respectively	(58,550)	81,589	(57,116)
Accumulated other comprehensive income (loss)	2,298	(3,933)	4,275
Total partners' equity	(50,963)	82,946	(47,552)
Total Liabilities and Partners' Equity	$ 2,004,591	$ 2,064,159	$ 1,958,279

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Mar. 25, 2018	Dec. 31, 2017	Mar. 26, 2017
Statement of Financial Position [Abstract]
Limited partners, units outstanding (in shares)	56,416	56,359	56,236

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
Net revenues:
Admissions	$ 26,721	$ 22,563
Food, merchandise and games	21,055	18,208
Accommodations, extra-charge products and other	6,951	7,547
Total net revenues	54,727	48,318
Costs and expenses:
Cost of food, merchandise, and games revenues	6,003	5,480
Operating expenses	88,828	84,289
Selling, general and administrative	28,682	27,619
Depreciation and amortization	5,521	5,365
Loss on impairment / retirement of fixed assets, net	1,340	1,526
Total costs and expenses	130,374	124,279
Operating loss	(75,647)	(75,961)
Interest expense	19,762	18,914
Net effect of swaps	(3,628)	301
Loss on early debt extinguishment	1,073	0
(Gain) loss on foreign currency	10,094	(2,671)
Other income	(349)	(32)
Loss before taxes	(102,599)	(92,473)
Benefit for taxes	(19,199)	(27,719)
Net loss	(83,400)	(64,754)
Net loss allocated to general partner	(1)	(1)
Net loss allocated to limited partners	(83,399)	(64,753)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	4,604	(660)
Unrealized gain on cash flow hedging derivatives	2,018	1,994
Other comprehensive income, (net of tax)	6,622	1,334
Total comprehensive loss	$ (76,778)	$ (63,420)
Basic loss per limited partner unit:
Weighted average limited partner units outstanding (in shares)	56,150	56,008
Net income (loss) per limited partner unit (in dollars per share)	$ (1.49)	$ (1.16)
Diluted loss per limited partner unit:
Weighted average limited partner units outstanding (in shares)	56,150	56,008
Net income (loss) per limited partner unit (in dollars per share)	$ (1.49)	$ (1.16)

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							$ (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)		27
Ending balance, units (in shares) at Mar. 26, 2017		56,236
Beginning balance, value at Dec. 31, 2016		$ 52,288	$ 0			$ 18,891
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ (64,754)	(64,753)
Partnership distribution declared ($0.890 and $0.855 per limited partnership unit)		(48,135)
Reclassification of stranded tax effect		0					0
Expense recognized for limited partnership unit options		0
Tax effect of units involved in treasury unit transactions		(1,369)
Issuance of limited partnership units as compensation		4,853
Net income (loss)			(1)
Partnership distribution declared			0
Period activity, net of tax $1,145 and $0	(660)					(660)
Period activity, net of tax ($347) and ($371)	1,994						1,994
Ending balance, value at Mar. 26, 2017	(47,552)	$ (57,116)	(1)	$ 5,290	$ 4,275	18,231	(13,956)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Unrealized gain (loss) on cash flow hedging derivatives: Beginning balance							(7,975)
Beginning balance, units (in shares) at Dec. 31, 2017		56,359
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Limited partnership unit options exercised (in shares)		6
Limited partnership unit forfeitures (in shares)		(1)
Issuance of limited partnership units as compensation (in shares)		52
Ending balance, units (in shares) at Mar. 25, 2018		56,416
Beginning balance, value at Dec. 31, 2017	82,946	$ 81,589	0			4,042
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	(83,400)	(83,399)
Partnership distribution declared ($0.890 and $0.855 per limited partnership unit)		(50,266)
Reclassification of stranded tax effect	400	391					391
Expense recognized for limited partnership unit options		125
Tax effect of units involved in treasury unit transactions		(3,039)
Issuance of limited partnership units as compensation		(3,951)
Net income (loss)			(1)
Partnership distribution declared			0
Period activity, net of tax $1,145 and $0	4,604					4,604
Period activity, net of tax ($347) and ($371)	2,018						2,018
Ending balance, value at Mar. 25, 2018	$ (50,963)	$ (58,550)	$ (1)	$ 5,290	$ 2,298	$ 8,646	$ (6,348)

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Partners' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
Statement of Partners' Capital [Abstract]
Foreign currency translation adjustment, tax	$ 1,145	$ 0
Unrealized loss on cash flow hedging derivatives, tax	$ (347)	$ (371)
Partnership distribution declared, amount per limited partnership unit (in dollars per share)	$ 0.89	$ 0.855

Unaudited Condensed Consolidat7

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
CASH FLOWS FOR OPERATING ACTIVITIES
Net loss	$ (83,400)	$ (64,754)
Adjustments to reconcile net loss to net cash for operating activities:
Depreciation and amortization	5,521	5,365
Loss on early debt extinguishment	1,073	0
Non-cash foreign currency (gain) loss on debt	10,924	(2,010)
Other non-cash expenses	13,112	21,379
Net change in working capital	(2,170)	(33,738)
Net change in other assets/liabilities	(278)	(226)
Net cash for operating activities	(55,218)	(73,984)
CASH FLOWS FOR INVESTING ACTIVITIES
Capital expenditures	(44,792)	(48,465)
Net cash for investing activities	(44,792)	(48,465)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	40,000	85,000
Distributions paid to partners	(50,266)	(48,135)
Payment of debt issuance costs and original issue discount	(1,840)	0
Exercise of limited partnership unit options	125	0
Tax effect of units involved in treasury unit transactions	(3,039)	(1,369)
Payments related to tax withholding for equity compensation	(6,919)	(1,904)
Net cash from (for) financing activities	(21,939)	33,592
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(1,408)	383
CASH AND CASH EQUIVALENTS
Net decrease for the period	(123,357)	(88,474)
Balance, beginning of period	166,245	122,716
Balance, end of period	42,888	34,242
SUPPLEMENTAL INFORMATION
Cash payments for interest expense	6,779	17,978
Interest capitalized	939	1,047
Cash payments for income taxes, net of refunds	4,715	8,084
Capital expenditures in accounts payable	$ 6,182	$ 11,898

Significant Accounting and Repo

Significant Accounting and Reporting Policies	3 Months Ended
	Mar. 25, 2018
Accounting Policies [Abstract]
Significant Accounting and Reporting Policies	Significant Accounting and Reporting Policies: Except for the changes described below, the Partnership’s unaudited condensed consolidated financial statements for the periods ended March 25, 2018 and March 26, 2017 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, 2017 , which were included in the Form 10-K filed on February 23, 2018 . 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. The Partnership adopted Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09") effective January 1, 2018 using the modified retrospective method. The adoption of the standard did not have a material effect on the consolidated financial statements. The Partnership's accounting policy as a result of adopting ASU 2014-09 is discussed below: Revenue Recognition and related receivables and contract liabilities As disclosed within the consolidated statements of operations and comprehensive income, revenues are generated from sales of (1) admission to the Partnership's amusement parks and water parks, (2) food, merchandise and games both inside and outside the parks, and (3) accommodations, extra-charge products, and other revenue sources. Admission revenues include amounts paid to gain admission into the Partnership's parks, including parking fees. Revenues related to extra-charge products, including premium benefit offerings such as front-of-line products, and online advanced purchase transaction fees charged to customers are included in "Accommodations, extra-charge products and other". Due to the Partnership's highly seasonal operations, a substantial portion of the Partnership's revenues are generated during an approximate 130 - to 140 -day operating season. Most revenues are recognized on a daily basis based on actual guest spend at the properties. Revenues from multi-use products, including season-long products for admission, dining, beverage and other products, are recognized over the estimated number of uses expected for each type of product. The estimated number of uses is reviewed and may be updated periodically during the operating season prior to the ticket or product expiration, which generally occurs no later than the close of the operating season. The number of uses is estimated based on historical usage adjusted for current period trends. For any bundled products that include multiple performance obligations, revenue is allocated using the retail price of each distinct performance obligation and any inherent discounts are allocated based on the gross margin and expected redemption of each performance obligation. The Partnership does not typically provide for refunds or returns. In some instances, the Partnership arranges with outside parties ("concessionaires") to provide goods to guests, typically food and merchandise, and the Partnership acts as an agent, resulting in net revenue recorded within the income statement. Concessionaire arrangement revenues are recognized over the operating season and are variable. Sponsorship revenues and marina revenues, which are classified as "Accommodations, extra-charge products and other" within the income statement, are recognized over the park operating season which represents the period in which the performance obligations are satisfied. Sponsorship revenues are typically fixed. However, some sponsorship revenues are variable based on achievement of specified operating metrics. The Partnership estimates variable revenues and performs a constraint analysis using both historical information and current trends to determine the amount of revenue that is not probable of a significant reversal. Many products, including season-long products, are sold to customers in advance, resulting in a contract liability ("deferred revenue"). Deferred revenue is at its highest immediately prior to the peak summer season, and at its lowest in the fall after the peak summer season and at the beginning of the selling season for the next year's products. Season-long products represent the majority of the deferred revenue balance in any given period. Of the $86.1 million of deferred revenue recorded as of January 1, 2018 , 88% was related to season-long products. The remainder was related to deferred online advanced purchase transaction fees charged to customers, advanced ticket sales, marina deposits, advanced resort reservations, and other deferred revenue. Most deferred revenue outstanding as of January 1, 2018 will be recognized by December 31, 2018 with the exception of an immaterial amount of deferred revenue for prepaid products such as gift cards and prepaid games cards. During the quarter ended March 25, 2018 , approximately $4.2 million of the deferred revenue balance as of January 1, 2018 was recognized. The difference in the opening and closing balances of the Partnership's deferred revenue balance in the current period is attributable to additional sales for the current year's operating season offset by revenue recognized during the quarter. Payment is due immediately on the transaction date for most products. The Partnership's receivable balance includes outstanding amounts on installment purchase plans which are offered for season-long products (and other select products for specific time periods), and includes sales to retailers, group sales and catering activities which are billed. Installment purchase plans include three month, four month, six month and nine month plans. Payment terms for billings are typically net 30 days . Receivables are highest in the peak summer months and the lowest in the winter months. The Partnership is not exposed to a significant concentration of customer credit risk. Most deferred revenue from contracts with customers is classified as current within the balance sheet. However, a portion of deferred revenue from contracts with customers is classified as long-term during the third quarter related to season-long products sold in the current season for use in the subsequent season. Season-long products are sold beginning in August of the year preceding the operating season. Season-long products may be recognized 12 to 16 months after purchase depending on the date of sale. The Partnership estimates the number of uses expected outside of the next twelve months for each type of product and classifies the related deferred revenue as long-term. With the exception of the long-term deferred revenue described above, the Partnership's contracts with customers have an original duration of one year or less. For these short-term contracts, the Partnership uses the practical expedient, a relief provided in the standard to simplify compliance, applicable to such contracts and has not disclosed the transaction price for the remaining performance obligations as of the end of each reporting period or when the Company expects to recognize this revenue. Further, the Partnership has elected to recognize incremental costs of obtaining a contract as an expense when incurred as the amortization period of the asset would be less than one year. Lastly, the Partnership has elected not to adjust consideration for the effects of significant financing components in the form of installment purchase plans as the period between when the entity transfers the promised service to the customer and when the customer pays for that service does not exceed one year. Reclassifications Certain prior year supplies inventory amounts of $1.4 million have been reclassified to other current assets in the unaudited condensed consolidated balance sheet for the period ended March 26, 2017 to conform with fiscal 2018 presentation. The change in deferred tax liabilities of $16.8 million has been reclassified from the net change in other assets/liabilities to other non-cash expenses in the unaudited condensed consolidated statement of cash flows for the period ended March 26, 2017 . New Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases ("ASU 2016-02"). The ASU requires the recognition of lease assets and lease liabilities within the balance sheet by lessees for operating leases, as well as requires additional disclosures in the consolidated financial statements regarding the amount, timing, and uncertainty of cash flows arising from leases. The ASU does not significantly change the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee, nor does the ASU change the accounting applied by a lessor. ASU 2016-02 is effective for annual and interim periods beginning after December 15, 2018. The ASU can be adopted using either the modified retrospective approach, which requires application of the new standard at the beginning of the earliest comparative period presented, or the alternative approach, which requires application of the new standard at the beginning of the standard's effective date. 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 February 2018, the FASB issued Accounting Standards Update No. 2018-02, Reclassification of Certain Tax Effects from Accumulated Comprehensive Income ("ASU 2018-02"). The ASU allows a reclassification from accumulated other comprehensive income to retained earnings of stranded tax effects resulting from the Tax Cuts and Jobs Act. ASU 2018-02 is effective for fiscal years after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted, including adoption in any interim period, and the amendments can be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act is recognized. The Partnership elected to adopt ASU 2018-02 in the first quarter of 2018. The amendment was applied in the period of adoption and resulted in a $0.4 million reclassification from accumulated other comprehensive income to limited partners' equity for the quarter ended March 25, 2018 .

Interim Reporting

Interim Reporting	3 Months Ended
	Mar. 25, 2018
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 four 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 for Halloween events. 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. Five of the seasonal properties are open approximately 20 to 25 days to include WinterFest, a holiday event operating during November and December showcasing holiday shows and festivities. 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 from multi-use products are recognized over the estimated number of uses expected for each type of product; and the estimated number of uses is reviewed and may be updated periodically during the operating season prior to the ticket or product expiration, which generally 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.

Long-Lived Assets

Long-Lived Assets	3 Months Ended
	Mar. 25, 2018
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. 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 had 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. In the fourth quarter of 2017, the Partnership recorded a $7.6 million impairment charge based on information from ongoing marketing activities. The amount was recorded in "Loss on impairment / retirement of fixed assets, net" in the consolidated statement of operations and comprehensive income. The remaining Wildwater Kingdom acreage, reduced by acreage sold, is classified as assets held-for-sale within "Other Assets" in the unaudited condensed consolidated balance sheet ( $9.0 million as of March 25, 2018 , $9.0 million as of December 31, 2017 and $17.0 million as of March 26, 2017 ).

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 25, 2018
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 March 25, 2018 , 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 three months ended March 25, 2018 and March 26, 2017 is as follows: (In thousands) Goodwill (gross) Accumulated Impairment Losses Goodwill (net) Balance at December 31, 2017 $ 263,698 $ (79,868 ) $ 183,830 Foreign currency translation (1,539 ) — (1,539 ) Balance at March 25, 2018 $ 262,159 $ (79,868 ) $ 182,291 Balance at December 31, 2016 $ 259,528 $ (79,868 ) $ 179,660 Foreign currency translation 239 — 239 Balance at March 26, 2017 $ 259,767 $ (79,868 ) $ 179,899 As of March 25, 2018 , December 31, 2017 , and March 26, 2017 , the Partnership’s other intangible assets consisted of the following: (In thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Value March 25, 2018 Other intangible assets: Trade names $ 36,188 $ — $ 36,188 License / franchise agreements 3,364 (1,842 ) 1,522 Total other intangible assets $ 39,552 $ (1,842 ) $ 37,710 December 31, 2017 Other intangible assets: Trade names $ 36,531 $ — $ 36,531 License / franchise agreements 3,360 (1,827 ) 1,533 Total other intangible assets $ 39,891 $ (1,827 ) $ 38,064 March 26, 2017 Other intangible assets: Trade names $ 35,656 $ — $ 35,656 License / franchise agreements 3,301 (1,233 ) 2,068 Total other intangible assets $ 38,957 $ (1,233 ) $ 37,724 Amortization expense of other intangible assets is expected to continue to be immaterial going forward.

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 25, 2018
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt: Long-term debt as of March 25, 2018 , December 31, 2017 , and March 26, 2017 consisted of the following: (In thousands) March 25, 2018 December 31, 2017 March 26, 2017 Revolving credit facility (due 2022) $ 40,000 $ — $ — Revolving credit facility (due 2018) — — 85,000 Term debt (1) April 2017 U.S. term loan averaging 3.51% (due 2017-2024) 735,000 735,000 — March 2013 U.S. term loan averaging 3.25% (due 2013-2020) — — 602,850 Notes April 2017 U.S. fixed rate notes at 5.375% (due 2027) 500,000 500,000 — 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 1,725,000 1,685,000 1,637,850 Less current portion — — (4,350 ) 1,725,000 1,685,000 1,633,500 Less debt issuance costs and original issue discount (24,218 ) (24,485 ) (14,882 ) $ 1,700,782 $ 1,660,515 $ 1,618,618 (1) The average interest rate is calculated over the life of the instrument and 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 $7.7 million and debt premium payments of $15.5 million . Accordingly, the Partnership recorded a loss on early debt extinguishment of $23.1 million during 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 2017 Credit Agreement was amended on March 14, 2018 (subsequently referred to as the "Amended 2017 Credit Agreement"). Specifically, the interest rate was amended to London InterBank Offered Rate ("LIBOR") plus 175 basis points (bps). The pricing terms for the amendment reflected $0.9 million of Original Issue Discount ("OID") and resulted in the write-off of debt issuance costs of $1.1 million which was recorded as a loss on early debt extinguishment during the first quarter of 2018. The senior secured term loan facility matures April 15, 2024 and amortizes at $7.5 million annually. The facilities provided under the Amended 2017 Credit Agreement are collateralized by substantially all of the assets of the Partnership. The senior secured revolving credit facility under the Amended 2017 Credit Agreement has a combined limit of $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 Amended 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"). The 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 Amended 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 March 25, 2018 , the Partnership was in compliance with this financial condition covenant and all other financial covenants under the Amended 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 can make additional Restricted Payments if the Partnership's pro forma Total-Indebtedness-to-Consolidated-Cash-Flow Ratio is 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	3 Months Ended
	Mar. 25, 2018
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 to December 31, 2020 and effectively convert $500 million of variable-rate debt to a rate of 2.64% . The amended interest rate swap agreements are not designated as hedging instruments. The fair market value of the Partnership's swap portfolio was recorded within "Derivative Liability" on the unaudited condensed consolidated balance sheets as of March 25, 2018 , December 31, 2017 , and March 26, 2017 as follows: (In thousands) March 25, 2018 December 31, 2017 March 26, 2017 Derivatives not designated as hedging instruments: Interest rate swaps $ (2,730 ) $ (8,722 ) $ (15,658 ) 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 March 25, 2018 , approximately $7.1 million of losses remain in AOCI related to the effective cash flow hedge contracts prior to de-designation, all of which will be reclassified to earnings within the next twelve months. During the quarter ended March 25, 2018 , the Partnership recognized $6.0 million of gains 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 benefit to earnings of $3.6 million recorded in "Net effect of swaps". During the quarter ended March 26, 2017 , the Partnership recognized $2.1 million of gains 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 $0.3 million recorded in "Net effect of swaps".

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 25, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements: The FASB's Accounting Standards Codification (ASC) 820 - Fair Value Measurements and Disclosures 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 March 25, 2018 , December 31, 2017 , and March 26, 2017 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 March 25, 2018 December 31, 2017 March 26, 2017 Carrying Value Fair Value Carrying Value Fair Value Carrying Value Fair Value Financial assets (liabilities) measured on a recurring basis: Short-term investments Other current assets Level 1 $ 901 $ 901 $ 736 $ 736 — — Interest rate swap agreements not designated as cash flow hedges Derivative Liability Level 2 $ (2,730 ) $ (2,730 ) $ (8,722 ) $ (8,722 ) $ (15,658 ) $ (15,658 ) Other financial assets (liabilities): March 2013 term debt Long-Term Debt (1) Level 2 — — — — $ (598,500 ) $ (601,493 ) April 2017 term debt Long-Term Debt (1) Level 2 $ (735,000 ) $ (740,513 ) $ (735,000 ) $ (742,350 ) — — March 2013 notes Long-Term Debt (1) Level 1 — — — — $ (500,000 ) $ (513,125 ) June 2014 notes Long-Term Debt (1) Level 1 $ (450,000 ) $ (455,625 ) $ (450,000 ) $ (469,125 ) $ (450,000 ) $ (462,375 ) April 2017 notes Long-Term Debt (1) Level 2 $ (500,000 ) $ (494,375 ) $ (500,000 ) $ (525,000 ) — — (1) Carrying values of long-term debt balances are before reductions for debt issuance costs and original issue discount of $24.2 million , $24.5 million , and $14.9 million as of March 25, 2018 , December 31, 2017 , and March 26, 2017 , 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. As of December 31, 2017 , the Partnership measured the remaining land at Wildwater Kingdom, one of the Partnership's separately gated outdoor water parks which ceased operations in 2016, at fair value less cost to sell based on Level 3 unobservable market input. In the fourth quarter of 2017, the Partnership recorded a $7.6 million impairment charge based on information from ongoing marketing activities. This amount was recorded in "Loss on impairment / retirement of fixed assets, net" in the consolidated statement of operations and comprehensive income. 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 March 25, 2018 or March 26, 2017 .

Earnings per Unit

Earnings per Unit	3 Months Ended
	Mar. 25, 2018
Earnings Per Unit [Abstract]
Earnings Per Unit	Earnings per Unit: Net loss per limited partner unit is calculated based on the following unit amounts: Three months ended 3/25/2018 3/26/2017 (In thousands, except per unit amounts) Basic weighted average units outstanding 56,150 56,008 Diluted weighted average units outstanding 56,150 56,008 Net loss per unit - basic $ (1.49 ) $ (1.16 ) Net loss per unit - diluted $ (1.49 ) $ (1.16 )

Income and Partnership Taxes

Income and Partnership Taxes	3 Months Ended
	Mar. 25, 2018
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 first quarter of 2018, the Partnership has recorded $0.7 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. On December 22, 2017, the Tax Cuts and Jobs Act (the “Act”), was signed into law. The Act includes numerous tax law changes, including a reduction in the federal corporate income tax rate from 35% to 21% . The change in tax rates necessitated the remeasurement of deferred tax balances that are expected to reverse following enactment using the applicable tax rates. As a result of the remeasurement of the net deferred tax liability, the Partnership realized a $49.2 million deferred tax benefit during the fourth quarter of 2017. The amounts recorded to reflect the effects of the Act were and remain provisional and are subject to change in accordance with SAB 118. The Partnership expects to complete these calculations and record the final effects of the Act before the end of the fourth quarter of 2018.

Contingencies

Contingencies	3 Months Ended
	Mar. 25, 2018
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.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income by Component	3 Months Ended
	Mar. 25, 2018
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 March 25, 2018 and March 26, 2017 : Changes in Accumulated Other Comprehensive Income by Component (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at December 31, 2017 $ (7,975 ) $ 4,042 $ (3,933 ) Other comprehensive income before reclassifications, net of tax $1,145 — 4,604 4,604 Amounts reclassified from accumulated other comprehensive income, net of tax ($347) 2,018 — 2,018 Net other comprehensive income 2,018 4,604 6,622 Reclassification of stranded tax effect (391 ) — (391 ) Balance at March 25, 2018 $ (6,348 ) $ 8,646 $ 2,298 Changes in Accumulated Other Comprehensive Income by Component (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 — (660 ) (660 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($371) 1,994 — 1,994 Net other comprehensive income 1,994 (660 ) 1,334 Balance at March 26, 2017 $ (13,956 ) $ 18,231 $ 4,275 Reclassifications Out of Accumulated Other Comprehensive Income 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 3/25/2018 Three months ended 3/26/2017 Interest rate contracts $ 2,365 $ 2,365 Net effect of swaps Provision for taxes (347 ) (371 ) Benefit for taxes Losses on cash flow hedges $ 2,018 $ 1,994 Net of tax

Consolidating Financial Informa

Consolidating Financial Information of Guarantors and Issuers	3 Months Ended
	Mar. 25, 2018
Condensed Consolidated Financial Information [Abstract]
Consolidating Financial Information of Guarantors and Issuers	Consolidating Financial Information of Guarantors and Issuers of June 2014 Notes: 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 March 25, 2018 , December 31, 2017 , and March 26, 2017 and for the three-month periods ended March 25, 2018 and March 26, 2017 . In lieu of providing separate unaudited financial statements for the guarantor subsidiaries, the accompanying unaudited condensed consolidating financial statements have been included. CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 25, 2018 (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 $ — $ — $ 25,073 $ 22,114 $ (4,299 ) $ 42,888 Receivables — 1,232 74,787 785,879 (831,103 ) 30,795 Inventories — — 2,493 37,810 — 40,303 Other current assets 69 1,922 2,459 35,895 (347 ) 39,998 69 3,154 104,812 881,698 (835,749 ) 153,984 Property and Equipment, net — 827 180,303 1,439,969 — 1,621,099 Investment in Park 485,489 967,791 234,220 203,857 (1,891,357 ) — Goodwill 674 — 62,012 119,605 — 182,291 Other Intangibles, net — — 13,834 23,876 — 37,710 Deferred Tax Asset — 7,150 — — (7,150 ) — Other Assets — — 39 9,468 — 9,507 $ 486,232 $ 978,922 $ 595,220 $ 2,678,473 $ (2,734,256 ) $ 2,004,591 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 531,176 $ 302,858 $ 1,806 $ 39,374 $ (835,402 ) $ 39,812 Deferred revenue — — 8,033 116,480 — 124,513 Accrued interest 215 143 7,634 13,127 — 21,119 Accrued taxes 883 — 463 9,177 (347 ) 10,176 Accrued salaries, wages and benefits — 13,777 736 — — 14,513 Self-insurance reserves — 10,438 1,543 12,830 — 24,811 Other accrued liabilities 3,283 5,249 268 9,436 — 18,236 535,557 332,465 20,483 200,424 (835,749 ) 253,180 Deferred Tax Liability — — 12,664 81,945 (7,150 ) 87,459 Derivative Liability 1,638 1,092 — — — 2,730 Other Liabilities — 705 — 10,698 — 11,403 Long-Term Debt: Revolving credit loans — — — 40,000 — 40,000 Term debt — 127,350 — 596,175 — 723,525 Notes — — 445,458 491,799 — 937,257 — 127,350 445,458 1,127,974 — 1,700,782 Equity (50,963 ) 517,310 116,615 1,257,432 (1,891,357 ) (50,963 ) $ 486,232 $ 978,922 $ 595,220 $ 2,678,473 $ (2,734,256 ) $ 2,004,591 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET December 31, 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 $ — $ — $ 85,758 $ 81,582 $ (1,095 ) $ 166,245 Receivables — 1,184 15,574 857,205 (836,241 ) 37,722 Inventories — — 1,891 27,828 — 29,719 Other current assets 164 28,297 3,454 10,983 (29,601 ) 13,297 164 29,481 106,677 977,598 (866,937 ) 246,983 Property and Equipment, net — 835 181,673 1,403,264 — 1,585,772 Investment in Park 588,684 1,045,640 238,132 234,238 (2,106,694 ) — Goodwill 674 — 63,551 119,605 — 183,830 Other Intangibles, net — — 14,177 23,887 — 38,064 Deferred Tax Asset — 20,956 — — (20,956 ) — Other Assets — — 40 9,470 — 9,510 $ 589,522 $ 1,096,912 $ 604,250 $ 2,768,062 $ (2,994,587 ) $ 2,064,159 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 497,558 $ 344,410 $ 1,379 $ 18,610 $ (837,336 ) $ 24,621 Deferred revenue — — 6,237 79,894 — 86,131 Accrued interest 27 18 2,055 6,024 — 8,124 Accrued taxes 352 — — 73,224 (29,601 ) 43,975 Accrued salaries, wages and benefits — 17,498 1,242 — — 18,740 Self-insurance reserves — 10,947 1,618 12,542 25,107 Other accrued liabilities 3,406 5,094 157 10,139 — 18,796 501,343 377,967 12,688 200,433 (866,937 ) 225,494 Deferred Tax Liability — — 13,809 81,945 (20,956 ) 74,798 Derivative Liability 5,233 3,489 — — — 8,722 Other Liabilities — 873 — 10,811 — 11,684 Long-Term Debt: Term debt — 127,437 — 596,351 — 723,788 Notes — — 445,156 491,571 — 936,727 — 127,437 445,156 1,087,922 — 1,660,515 Equity 82,946 587,146 132,597 1,386,951 (2,106,694 ) 82,946 $ 589,522 $ 1,096,912 $ 604,250 $ 2,768,062 $ (2,994,587 ) $ 2,064,159 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 26, 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 $ — $ — $ 29,590 $ 4,652 $ — $ 34,242 Receivables — 1,552 61,894 541,622 (576,483 ) 28,585 Inventories — — 1,965 35,973 — 37,938 Other current assets 74 907 3,462 27,687 (1,661 ) 30,469 74 2,459 96,911 609,934 (578,144 ) 131,234 Property and Equipment, net — 835 176,952 1,410,861 — 1,588,648 Investment in Park 711,257 852,264 195,731 294,228 (2,053,480 ) — Goodwill 674 — 59,620 119,605 — 179,899 Other Intangibles, net — — 13,306 24,418 — 37,724 Deferred Tax Asset — 16,616 — — (16,616 ) — Other Assets — 2,000 109 18,665 — 20,774 $ 712,005 $ 874,174 $ 542,629 $ 2,477,711 $ (2,648,240 ) $ 1,958,279 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 897 $ 100 $ 3,353 $ — $ 4,350 Accounts payable 453,329 125,934 2,081 39,854 (576,483 ) 44,715 Deferred revenue — — 7,373 108,759 — 116,132 Accrued interest 864 589 7,729 1,831 — 11,013 Accrued taxes 1,084 — — 9,113 (1,661 ) 8,536 Accrued salaries, wages and benefits — 13,792 635 — — 14,427 Self-insurance reserves — 11,397 1,484 12,952 — 25,833 Other accrued liabilities 2,644 3,907 164 4,904 — 11,619 457,921 156,516 19,566 180,766 (578,144 ) 236,625 Deferred Tax Liability — — 13,273 125,350 (16,616 ) 122,007 Derivative Liability 9,395 6,263 — — — 15,658 Other Liabilities — 1,125 — 11,798 — 12,923 Long-Term Debt: Revolving credit loans — — — 85,000 — 85,000 Term debt — 123,347 13,576 456,274 — 593,197 Notes 292,241 203,256 444,924 — — 940,421 292,241 326,603 458,500 541,274 — 1,618,618 Equity (47,552 ) 383,667 51,290 1,618,523 (2,053,480 ) (47,552 ) $ 712,005 $ 874,174 $ 542,629 $ 2,477,711 $ (2,648,240 ) $ 1,958,279 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 25, 2018 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ (10,767 ) $ 854 $ 271 $ 49,787 $ 14,582 $ 54,727 Costs and expenses: Cost of food, merchandise, and games revenues — — — 6,003 — 6,003 Operating expenses — 42,671 5,716 25,859 14,582 88,828 Selling, general and administrative 759 14,450 680 12,793 — 28,682 Depreciation and amortization — 8 — 5,513 — 5,521 Loss on impairment / retirement of fixed assets, net — — 40 1,300 — 1,340 759 57,129 6,436 51,468 14,582 130,374 Operating loss (11,526 ) (56,275 ) (6,165 ) (1,681 ) — (75,647 ) Interest expense, net 4,904 4,367 5,583 4,682 — 19,536 Net effect of swaps (2,207 ) (1,421 ) — — — (3,628 ) Loss on early debt extinguishment — 187 — 886 — 1,073 (Gain) loss on foreign currency — (41 ) 10,135 — — 10,094 Other (income) expense 59 (9,804 ) 854 8,768 — (123 ) Loss from investment in affiliates 68,528 28,815 3,913 20,585 (121,841 ) — Loss before taxes (82,810 ) (78,378 ) (26,650 ) (36,602 ) 121,841 (102,599 ) Provision (benefit) for taxes 590 (9,851 ) (6,062 ) (3,876 ) — (19,199 ) Net loss $ (83,400 ) $ (68,527 ) $ (20,588 ) $ (32,726 ) $ 121,841 $ (83,400 ) Other comprehensive income, (net of tax): Foreign currency translation adjustment 4,604 — 4,604 — (4,604 ) 4,604 Unrealized gain on cash flow hedging derivatives 2,018 630 — — (630 ) 2,018 Other comprehensive income, (net of tax) 6,622 630 4,604 — (5,234 ) 6,622 Total comprehensive loss $ (76,778 ) $ (67,897 ) $ (15,984 ) $ (32,726 ) $ 116,607 $ (76,778 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 26, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ (6,138 ) $ (291 ) $ 353 $ 45,296 $ 9,098 $ 48,318 Costs and expenses: Cost of food, merchandise, and games revenues — — — 5,480 — 5,480 Operating expenses — 40,592 5,304 29,295 9,098 84,289 Selling, general and administrative 894 14,495 746 11,484 — 27,619 Depreciation and amortization — 8 2 5,355 — 5,365 Loss on impairment / retirement of fixed assets, net — — 445 1,081 — 1,526 894 55,095 6,497 52,695 9,098 124,279 Operating loss (7,032 ) (55,386 ) (6,144 ) (7,399 ) — (75,961 ) Interest (income) expense, net 8,169 5,308 5,905 (500 ) — 18,882 Net effect of swaps 150 151 — — — 301 Gain on foreign currency — — (2,671 ) — — (2,671 ) Other (income) expense 62 (15,264 ) 657 14,545 — — Loss from investment in affiliates 48,666 20,604 4,344 11,097 (84,711 ) — Loss before taxes (64,079 ) (66,185 ) (14,379 ) (32,541 ) 84,711 (92,473 ) Provision (benefit) for taxes 675 (17,519 ) (3,276 ) (7,599 ) — (27,719 ) Net loss $ (64,754 ) $ (48,666 ) $ (11,103 ) $ (24,942 ) $ 84,711 $ (64,754 ) Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (660 ) — (660 ) — 660 (660 ) Unrealized gain on cash flow hedging derivatives 1,994 605 — — (605 ) 1,994 Other comprehensive income (loss), (net of tax) 1,334 605 (660 ) — 55 1,334 Total comprehensive loss $ (63,420 ) $ (48,061 ) $ (11,763 ) $ (24,942 ) $ 84,766 $ (63,420 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 25, 2018 (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 $ 16,999 $ 58,464 $ (6,538 ) $ (120,584 ) $ (3,559 ) $ (55,218 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — (50,000 ) 64,688 (14,688 ) — Capital expenditures — — (2,739 ) (42,053 ) — (44,792 ) Net cash from (for) investing activities — — (52,739 ) 22,635 (14,688 ) (44,792 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 33,622 (48,310 ) — — 14,688 — Net borrowings on revolving credit loans — — — 40,000 — 40,000 Distributions paid to partners (50,621 ) — — — 355 (50,266 ) Payment of debt issuance costs and original issue discount — (321 ) — (1,519 ) — (1,840 ) Exercise of limited partnership unit options — 125 — — — 125 Tax effect of units involved in treasury unit transactions — (3,039 ) — — — (3,039 ) Payments related to tax withholding for equity compensation — (6,919 ) — — — (6,919 ) Net cash from (for) financing activities (16,999 ) (58,464 ) — 38,481 15,043 (21,939 ) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — (1,408 ) — — (1,408 ) CASH AND CASH EQUIVALENTS Net decrease for the period — — (60,685 ) (59,468 ) (3,204 ) (123,357 ) Balance, beginning of period — — 85,758 81,582 (1,095 ) 166,245 Balance, end of period $ — $ — $ 25,073 $ 22,114 $ (4,299 ) $ 42,888 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 26, 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 $ 23,702 $ 56,496 $ (35,208 ) $ (119,483 ) $ 509 $ (73,984 ) CASH FLOWS FOR INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — 28,274 (28,274 ) — Capital expenditures — — (1,148 ) (47,317 ) — (48,465 ) Net cash for investing activities — — (1,148 ) (19,043 ) (28,274 ) (48,465 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 24,949 (53,223 ) — — 28,274 — Net borrowings on revolving credit loans — — — 85,000 — 85,000 Distributions paid to partners (48,651 ) — — — 516 (48,135 ) Tax effect of units involved in treasury unit transactions — (1,369 ) — — — (1,369 ) Payments related to tax withholding for equity compensation — (1,904 ) — — — (1,904 ) Net cash from (for) financing activities (23,702 ) (56,496 ) — 85,000 28,790 33,592 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 383 — — 383 CASH AND CASH EQUIVALENTS Net decrease for the period — — (35,973 ) (53,526 ) 1,025 (88,474 ) Balance, beginning of period — — 65,563 58,178 (1,025 ) 122,716 Balance, end of period $ — $ — $ 29,590 $ 4,652 $ — $ 34,242 (13) Consolidating Financial Information of Guarantors and Issuers of April 2017 Notes: Cedar Fair, L.P., Canada's Wonderland Company ("Cedar Canada"), Magnum Management Corporation ("Magnum"), and Millennium Operations LLC ("Millennium") are the co-issuers of the Partnership's April 2017 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, Magnum and Millennium) 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, Magnum, and Millennium, the co-issuers, and each 100% owned subsidiary of Cedar Fair (other than Cedar Canada, Magnum and Millennium), the guarantors (on a combined basis), as of March 25, 2018 , December 31, 2017 , and March 26, 2017 and for the three-month periods ended March 25, 2018 and March 26, 2017 . In lieu of providing separate unaudited financial statements for the guarantor subsidiaries, the accompanying unaudited condensed consolidating financial statements have been included. CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 25, 2018 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 25,073 $ 22,114 $ — $ (4,299 ) $ 42,888 Receivables — 1,232 74,787 23,005 762,874 (831,103 ) 30,795 Inventories — — 2,493 30,661 7,149 — 40,303 Other current assets 69 1,922 2,459 28,669 7,226 (347 ) 39,998 69 3,154 104,812 104,449 777,249 (835,749 ) 153,984 Property and Equipment, net — 827 180,303 — 1,439,969 — 1,621,099 Investment in Park 485,489 967,791 234,220 1,426,366 203,858 (3,317,724 ) — Goodwill 674 — 62,012 8,388 111,217 — 182,291 Other Intangibles, net — — 13,834 — 23,876 — 37,710 Deferred Tax Asset — 7,150 — — — (7,150 ) — Other Assets — — 39 399 9,069 — 9,507 $ 486,232 $ 978,922 $ 595,220 $ 1,539,602 $ 2,565,238 $ (4,160,623 ) $ 2,004,591 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 531,176 $ 302,858 $ 1,806 $ 30,271 $ 9,103 $ (835,402 ) $ 39,812 Deferred revenue — — 8,033 89,492 26,988 — 124,513 Accrued interest 215 143 7,634 13,127 — — 21,119 Accrued taxes 883 — 463 7,782 1,395 (347 ) 10,176 Accrued salaries, wages and benefits — 13,777 736 — — — 14,513 Self-insurance reserves — 10,438 1,543 10,475 2,355 — 24,811 Other accrued liabilities 3,283 5,249 268 5,054 4,382 — 18,236 535,557 332,465 20,483 156,201 44,223 (835,749 ) 253,180 Deferred Tax Liability — — 12,664 — 81,945 (7,150 ) 87,459 Derivative Liability 1,638 1,092 — — — — 2,730 Other Liabilities — 705 — 120 10,578 — 11,403 Long-Term Debt: Revolving credit loans — — — 40,000 — — 40,000 Term debt — 127,350 — 596,175 — — 723,525 Notes — — 445,458 491,799 — — 937,257 — 127,350 445,458 1,127,974 — — 1,700,782 Equity (50,963 ) 517,310 116,615 255,307 2,428,492 (3,317,724 ) (50,963 ) $ 486,232 $ 978,922 $ 595,220 $ 1,539,602 $ 2,565,238 $ (4,160,623 ) $ 2,004,591 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 85,758 $ 80,430 $ 1,152 $ (1,095 ) $ 166,245 Receivables — 1,184 15,574 26,130 831,075 (836,241 ) 37,722 Inventories — — 1,891 22,528 5,300 — 29,719 Other current assets 164 28,297 3,454 9,341 1,642 (29,601 ) 13,297 164 29,481 106,677 138,429 839,169 (866,937 ) 246,983 Property and Equipment, net — 835 181,673 — 1,403,264 — 1,585,772 Investment in Park 588,684 1,045,640 238,132 1,392,761 234,237 (3,499,454 ) — Goodwill 674 — 63,551 8,387 111,218 — 183,830 Other Intangibles, net — — 14,177 — 23,887 — 38,064 Deferred Tax Asset — 20,956 — — — (20,956 ) — Other Assets — — 40 402 9,068 — 9,510 $ 589,522 $ 1,096,912 $ 604,250 $ 1,539,979 $ 2,620,843 $ (4,387,347 ) $ 2,064,159 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 497,558 $ 344,410 $ 1,379 $ 13,572 $ 5,038 $ (837,336 ) $ 24,621 Deferred revenue — — 6,237 59,307 20,587 — 86,131 Accrued interest 27 18 2,055 6,024 — — 8,124 Accrued taxes 352 — — 6,176 67,048 (29,601 ) 43,975 Accrued salaries, wages and benefits — 17,498 1,242 — — — 18,740 Self-insurance reserves — 10,947 1,618 10,156 2,386 — 25,107 Other accrued liabilities 3,406 5,094 157 5,649 4,490 — 18,796 501,343 377,967 12,688 100,884 99,549 (866,937 ) 225,494 Deferred Tax Liability — — 13,809 — 81,945 (20,956 ) 74,798 Derivative Liability 5,233 3,489 — — — — 8,722 Other Liabilities — 873 — 120 10,691 — 11,684 Long-Term Debt: Term debt — 127,437 — 596,351 — — 723,788 Notes — — 445,156 491,571 — — 936,727 — 127,437 445,156 1,087,922 — — 1,660,515 Equity 82,946 587,146 132,597 351,053 2,428,658 (3,499,454 ) 82,946 $ 589,522 $ 1,096,912 $ 604,250 $ 1,539,979 $ 2,620,843 $ (4,387,347 ) $ 2,064,159 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 26, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 29,590 $ 3,979 $ 673 $ — $ 34,242 Receivables — 1,552 61,894 20,455 521,167 (576,483 ) 28,585 Inventories — — 1,965 29,247 6,726 — 37,938 Other current assets 74 907 3,462 21,705 5,982 (1,661 ) 30,469 74 2,459 96,911 75,386 534,548 (578,144 ) 131,234 Property and Equipment, net — 835 176,952 — 1,410,861 — 1,588,648 Investment in Park 711,257 852,264 195,731 1,291,335 294,228 (3,344,815 ) — Goodwill 674 — 59,620 8,388 111,217 — 179,899 Other Intangibles, net — — 13,306 — 24,418 — 37,724 Deferred Tax Asset — 16,616 — — — (16,616 ) — Other Assets — 2,000 109 1,240 17,425 — 20,774 $ 712,005 $ 874,174 $ 542,629 $ 1,376,349 $ 2,392,697 $ (3,939,575 ) $ 1,958,279 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 897 $ 100 $ 3,353 $ — $ — $ 4,350 Accounts payable 453,329 125,934 2,081 30,886 8,968 (576,483 ) 44,715 Deferred revenue — — 7,373 80,666 28,093 — 116,132 Accrued interest 864 589 7,729 1,831 — — 11,013 Accrued taxes 1,084 — — 7,563 1,550 (1,661 ) 8,536 Accrued salaries, wages and benefits — 13,792 635 — — — 14,427 Self-insurance reserves — 11,397 1,484 10,883 2,069 — 25,833 Other accrued liabilities 2,644 3,907 164 2,717 2,187 — 11,619 457,921 156,516 19,566 137,899 42,867 (578,144 ) 236,625 Deferred Tax Liability — — 13,273 — 125,350 (16,616 ) 122,007 Derivative Liability 9,395 6,263 — — — — 15,658 Other Liabilities — 1,125 — 331 11,467 — 12,923 Long-Term Debt: Revolving credit loans — — — 85,000 — — 85,000 Term debt — 123,347 13,576 456,274 — — 593,197 Notes 292,241 203,256 444,924 — — — 940,421 292,241 326,603 458,500 541,274 — — 1,618,618 Equity (47,552 ) 383,667 51,290 696,845 2,213,013 (3,344,815 ) (47,552 ) $ 712,005 $ 874,174 $ 542,629 $ 1,376,349 $ 2,392,697 $ (3,939,575 ) $ 1,958,279 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 25, 2018 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total Net revenues $ (10,767 ) $ 854 $ 271 $ 53,731 $ 1,706 $ 8,932 $ 54,727 Costs and expenses: Cost of food, merchandise and games revenues — — — 5,899 104 — 6,003 Operating expenses — 42,671 5,716 22,620 8,889 8,932 88,828 Selling, general and administrative 759 14,450 680 11,643 1,150 — 28,682 Depreciation and amortization — 8 — — 5,513 — 5,521 Loss on impairment / retirement of fixed assets, net — — 40 651 649 — 1,340 759 57,129 6,436 40,813 16,305 8,932 130,374 Operating income (loss) (11,526 ) (56,275 ) (6,165 ) 12,918 (14,599 ) — (75,647 ) Interest (income) expense, net 4,904 4,367 5,583 11,553 (6,871 ) — 19,536 Net effect of swaps (2,207 ) (1,421 ) — — — — (3,628 ) Loss on early debt extinguishment — 187 — 886 — — 1,073 (Gain) loss on foreign currency — (41 ) 10,135 — — — 10,094 Other (income) expense 59 (9,804 ) 854 — 8,768 — (123 ) Loss from investment in affiliates 68,528 28,815 3,913 — 20,585 (121,841 ) — Income (loss) before taxes (82,810 ) (78,378 ) (26,650 ) 479 (37,081 ) 121,841 (102,599 ) Provision (benefit) for taxes 590 (9,851 ) (6,062 ) 479 (4,355 ) — (19,199 ) Net loss $ (83,400 ) $ (68,527 ) $ (20,588 ) $ — $ (32,726 ) $ 121,841 $ (83,400 ) Other comprehensive income, (net of tax): Cumulative foreign currency translation adjustment 4,604 — 4,604 — — (4,604 ) 4,604 Unrealized gain on cash flow hedging derivatives 2,018 630 — — — (630 ) 2,018 Other comprehensive income, (net of tax) 6,622 630 4,604 — — (5,234 ) 6,622 Total comprehensive loss $ (76,778 ) $ (67,897 ) $ (15,984 ) $ — $ (32,726 ) $ 116,607 $ (76,778 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 26, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total Net revenues $ (6,138 ) $ (291 ) $ 353 $ 46,978 $ 3,782 $ 3,634 $ 48,318 Costs and expenses: Cost of food, merchandise and games revenues — — — 5,313 167 — 5,480 Operating expenses — 40,592 5,304 26,318 8,441 3,634 84,289 Selling, general and administrative 894 14,495 746 10,893 591 — 27,619 Depreciation and amortization — 8 2 — 5,355 — 5,365 Loss on impairment / retirement of fixed assets, net — — 445 496 585 — 1,526 894 55,095 6,497 43,020 15,139 3,634 124,279 Operating income (loss) (7,032 ) (55,386 ) (6,144 ) 3,958 (11,357 ) — (75,961 ) Interest (income) expense, net 8,169 5,308 5,905 3,422 (3,922 ) — 18,882 Net effect of swaps 150 151 — — — — 301 Gain on foreign currency — — (2,671 ) — — — (2,671 ) Other (income) expense 62 (15,264 ) 657 — 14,545 — — Loss from investment in affiliates 48,666 20,604 4,344 — 11,097 (84,711 ) — Income (loss) before taxes (64,079 ) (66,185 ) (14,379 ) 536 (33,077 ) 84,711 (92,473 ) Provision (benefit) for taxes 675 (17,519 ) (3,276 ) 536 (8,135 ) — (27,719 ) Net loss $ (64,754 ) $ (48,666 ) $ (11,103 ) $ — $ (24,942 ) $ 84,711 $ (64,754 ) Other comprehensive income (loss), (net of tax): Cumulative foreign currency translation adjustment (660 ) — (660 ) — — 660 (660 ) Unrealized gain on cash flow hedging derivatives 1,994 605 — — — (605 ) 1,994 Other comprehensive income (loss), (net of tax) 1,334 605 (660 ) — — 55 1,334 Total comprehensive loss $ (63,420 ) $ (48,061 ) $ (11,763 ) $ — $ (24,942 ) $ 84,766 $ (63,420 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 25, 2018 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING ACTIVITIES $ 16,999 $ 58,464 $ (6,538 ) $ (64,317 ) $ (56,267 ) $ (3,559 ) $ (55,218 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — (50,000 ) — 64,688 (14,688 ) — Capital expenditures — — (2,739 ) (32,480 ) (9,573 ) — (44,792 ) Net cash from (for) investing activities — — (52,739 ) (32,480 ) 55,115 (14,688 ) (44,792 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 33,622 (48,310 ) — — — 14,688 — Net borrowings on revolving credit loans — — — 40,000 — — 40,000 Distributions paid to partners (50,621 ) — — — — 355 (50,266 ) Payment of debt issuance costs and original issue discount — (321 ) — (1,519 ) — — (1,840 ) Exercise of limited partnership unit options — 125 — — — — 125 Tax effect of units involved in treasury unit transactions — (3,039 ) — — — — (3,039 ) Payments related to tax withholding for equity compensation — (6,919 ) — — — — (6,919 ) Net cash from (for) financing activities (16,999 ) (58,464 ) — 38,481 — 15,043 (21,939 ) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — (1,408 ) — — — (1,408 ) CASH AND CASH EQUIVALENTS Net decrease for the year — — (60,685 ) (58,316 ) (1,152 ) (3,204 ) (123,357 ) Balance, beginning of year — — 85,758 80,430 1,152 (1,095 ) 166,245 Balance, end of year $ — $ — $ 25,073 $ 22,114 $ — $ (4,299 ) $ 42,888 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 26, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING ACTIVITIES $ 23,702 $ 56,496 $ (35,208 ) $ (97,827 ) $ (21,656 ) $ 509 $ (73,984 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — — 28,274 (28,274 ) — Capital expenditures — — (1,148 ) (41,019 ) (6,298 ) — (48,465 ) Net cash from (for) investing activities — — (1,148 ) (41,019 ) 21,976 (28,274 ) (48,465 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 24,949 (53,223 ) — — — 28,274 — Net borrowings on revolving credit loans — — — 85,000 — — 85,000 Distributions paid to partners (48,651 ) — — — — 516 (48,135 ) Tax effect of units involved in treasury unit transactions — (1,369 ) — — — — (1,369 ) Payments related to tax withholding for equity compensation — (1,904 ) — — — — (1,904 ) Net cash from (for) financing activities (23,702 ) (56,496 ) — 85,000 — 28,790 33,592 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 383 — — — 383 CASH AND CASH EQUIVALENTS Net increase (decrease) for the year — — (35,973 ) (53,846 ) 320 1,025 (88,474 ) Balance, beginning of year — — 65,563 57,825 353 (1,025 ) 122,716 Balance, end of year $ — $ — $ 29,590 $ 3,979 $ 673 $ — $ 34,242

Significant Accounting and Re20

Significant Accounting and Reporting Policies (Policies)	3 Months Ended
	Mar. 25, 2018
Accounting Policies [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases ("ASU 2016-02"). The ASU requires the recognition of lease assets and lease liabilities within the balance sheet by lessees for operating leases, as well as requires additional disclosures in the consolidated financial statements regarding the amount, timing, and uncertainty of cash flows arising from leases. The ASU does not significantly change the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee, nor does the ASU change the accounting applied by a lessor. ASU 2016-02 is effective for annual and interim periods beginning after December 15, 2018. The ASU can be adopted using either the modified retrospective approach, which requires application of the new standard at the beginning of the earliest comparative period presented, or the alternative approach, which requires application of the new standard at the beginning of the standard's effective date. 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 February 2018, the FASB issued Accounting Standards Update No. 2018-02, Reclassification of Certain Tax Effects from Accumulated Comprehensive Income ("ASU 2018-02"). The ASU allows a reclassification from accumulated other comprehensive income to retained earnings of stranded tax effects resulting from the Tax Cuts and Jobs Act. ASU 2018-02 is effective for fiscal years after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted, including adoption in any interim period, and the amendments can be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act is recognized. The Partnership elected to adopt ASU 2018-02 in the first quarter of 2018. The amendment was applied in the period of adoption and resulted in a $0.4 million reclassification from accumulated other comprehensive income to limited partners' equity for the quarter ended March 25, 2018 .

Goodwill and Other Intangible21

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 25, 2018
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 three months ended March 25, 2018 and March 26, 2017 is as follows: (In thousands) Goodwill (gross) Accumulated Impairment Losses Goodwill (net) Balance at December 31, 2017 $ 263,698 $ (79,868 ) $ 183,830 Foreign currency translation (1,539 ) — (1,539 ) Balance at March 25, 2018 $ 262,159 $ (79,868 ) $ 182,291 Balance at December 31, 2016 $ 259,528 $ (79,868 ) $ 179,660 Foreign currency translation 239 — 239 Balance at March 26, 2017 $ 259,767 $ (79,868 ) $ 179,899
Partnership's other intangible assets	As of March 25, 2018 , December 31, 2017 , and March 26, 2017 , the Partnership’s other intangible assets consisted of the following: (In thousands) Gross Carrying Amount Accumulated Amortization Net Carrying Value March 25, 2018 Other intangible assets: Trade names $ 36,188 $ — $ 36,188 License / franchise agreements 3,364 (1,842 ) 1,522 Total other intangible assets $ 39,552 $ (1,842 ) $ 37,710 December 31, 2017 Other intangible assets: Trade names $ 36,531 $ — $ 36,531 License / franchise agreements 3,360 (1,827 ) 1,533 Total other intangible assets $ 39,891 $ (1,827 ) $ 38,064 March 26, 2017 Other intangible assets: Trade names $ 35,656 $ — $ 35,656 License / franchise agreements 3,301 (1,233 ) 2,068 Total other intangible assets $ 38,957 $ (1,233 ) $ 37,724

Long-Term Debt Long term debt t

Long-Term Debt Long term debt table (Tables)	3 Months Ended
	Mar. 25, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt as of March 25, 2018 , December 31, 2017 , and March 26, 2017 consisted of the following: (In thousands) March 25, 2018 December 31, 2017 March 26, 2017 Revolving credit facility (due 2022) $ 40,000 $ — $ — Revolving credit facility (due 2018) — — 85,000 Term debt (1) April 2017 U.S. term loan averaging 3.51% (due 2017-2024) 735,000 735,000 — March 2013 U.S. term loan averaging 3.25% (due 2013-2020) — — 602,850 Notes April 2017 U.S. fixed rate notes at 5.375% (due 2027) 500,000 500,000 — 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 1,725,000 1,685,000 1,637,850 Less current portion — — (4,350 ) 1,725,000 1,685,000 1,633,500 Less debt issuance costs and original issue discount (24,218 ) (24,485 ) (14,882 ) $ 1,700,782 $ 1,660,515 $ 1,618,618 (1) The average interest rate is calculated over the life of the instrument and does not reflect the effect of interest rate swap agreements (see Note 6).

Derivative Financial Instrume23

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 25, 2018
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 March 25, 2018 , December 31, 2017 , and March 26, 2017 as follows: (In thousands) March 25, 2018 December 31, 2017 March 26, 2017 Derivatives not designated as hedging instruments: Interest rate swaps $ (2,730 ) $ (8,722 ) $ (15,658 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 25, 2018
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 March 25, 2018 , December 31, 2017 , and March 26, 2017 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 March 25, 2018 December 31, 2017 March 26, 2017 Carrying Value Fair Value Carrying Value Fair Value Carrying Value Fair Value Financial assets (liabilities) measured on a recurring basis: Short-term investments Other current assets Level 1 $ 901 $ 901 $ 736 $ 736 — — Interest rate swap agreements not designated as cash flow hedges Derivative Liability Level 2 $ (2,730 ) $ (2,730 ) $ (8,722 ) $ (8,722 ) $ (15,658 ) $ (15,658 ) Other financial assets (liabilities): March 2013 term debt Long-Term Debt (1) Level 2 — — — — $ (598,500 ) $ (601,493 ) April 2017 term debt Long-Term Debt (1) Level 2 $ (735,000 ) $ (740,513 ) $ (735,000 ) $ (742,350 ) — — March 2013 notes Long-Term Debt (1) Level 1 — — — — $ (500,000 ) $ (513,125 ) June 2014 notes Long-Term Debt (1) Level 1 $ (450,000 ) $ (455,625 ) $ (450,000 ) $ (469,125 ) $ (450,000 ) $ (462,375 ) April 2017 notes Long-Term Debt (1) Level 2 $ (500,000 ) $ (494,375 ) $ (500,000 ) $ (525,000 ) — — (1) Carrying values of long-term debt balances are before reductions for debt issuance costs and original issue discount of $24.2 million , $24.5 million , and $14.9 million as of March 25, 2018 , December 31, 2017 , and March 26, 2017 , respectively.

Earnings per Unit (Tables)

Earnings per Unit (Tables)	3 Months Ended
	Mar. 25, 2018
Earnings Per Unit [Abstract]
Net income (loss) per limited partner unit	Net loss per limited partner unit is calculated based on the following unit amounts: Three months ended 3/25/2018 3/26/2017 (In thousands, except per unit amounts) Basic weighted average units outstanding 56,150 56,008 Diluted weighted average units outstanding 56,150 56,008 Net loss per unit - basic $ (1.49 ) $ (1.16 ) Net loss per unit - diluted $ (1.49 ) $ (1.16 )

Changes in Accumulated Other 26

Changes in Accumulated Other Comprehensive Income by Component (Tables)	3 Months Ended
	Mar. 25, 2018
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 three months ended March 25, 2018 and March 26, 2017 : Changes in Accumulated Other Comprehensive Income by Component (In thousands) Gains and Losses on Cash Flow Hedges Foreign Currency Translation Total Balance at December 31, 2017 $ (7,975 ) $ 4,042 $ (3,933 ) Other comprehensive income before reclassifications, net of tax $1,145 — 4,604 4,604 Amounts reclassified from accumulated other comprehensive income, net of tax ($347) 2,018 — 2,018 Net other comprehensive income 2,018 4,604 6,622 Reclassification of stranded tax effect (391 ) — (391 ) Balance at March 25, 2018 $ (6,348 ) $ 8,646 $ 2,298 Changes in Accumulated Other Comprehensive Income by Component (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 — (660 ) (660 ) Amounts reclassified from accumulated other comprehensive income, net of tax ($371) 1,994 — 1,994 Net other comprehensive income 1,994 (660 ) 1,334 Balance at March 26, 2017 $ (13,956 ) $ 18,231 $ 4,275 Reclassifications Out of Accumulated Other Comprehensive Income 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 3/25/2018 Three months ended 3/26/2017 Interest rate contracts $ 2,365 $ 2,365 Net effect of swaps Provision for taxes (347 ) (371 ) Benefit for taxes Losses on cash flow hedges $ 2,018 $ 1,994 Net of tax
Reclassification out of accumulated other comprehensive income	Reclassifications Out of Accumulated Other Comprehensive Income 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 3/25/2018 Three months ended 3/26/2017 Interest rate contracts $ 2,365 $ 2,365 Net effect of swaps Provision for taxes (347 ) (371 ) Benefit for taxes Losses on cash flow hedges $ 2,018 $ 1,994 Net of tax

Consolidating Financial Infor27

Consolidating Financial Information of Guarantors and Issuers (Tables)	3 Months Ended
	Mar. 25, 2018
Condensed Consolidated Financial Information [Abstract]
Condensed Consolidating Balance Sheet	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 25, 2018 (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 $ — $ — $ 25,073 $ 22,114 $ (4,299 ) $ 42,888 Receivables — 1,232 74,787 785,879 (831,103 ) 30,795 Inventories — — 2,493 37,810 — 40,303 Other current assets 69 1,922 2,459 35,895 (347 ) 39,998 69 3,154 104,812 881,698 (835,749 ) 153,984 Property and Equipment, net — 827 180,303 1,439,969 — 1,621,099 Investment in Park 485,489 967,791 234,220 203,857 (1,891,357 ) — Goodwill 674 — 62,012 119,605 — 182,291 Other Intangibles, net — — 13,834 23,876 — 37,710 Deferred Tax Asset — 7,150 — — (7,150 ) — Other Assets — — 39 9,468 — 9,507 $ 486,232 $ 978,922 $ 595,220 $ 2,678,473 $ (2,734,256 ) $ 2,004,591 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 531,176 $ 302,858 $ 1,806 $ 39,374 $ (835,402 ) $ 39,812 Deferred revenue — — 8,033 116,480 — 124,513 Accrued interest 215 143 7,634 13,127 — 21,119 Accrued taxes 883 — 463 9,177 (347 ) 10,176 Accrued salaries, wages and benefits — 13,777 736 — — 14,513 Self-insurance reserves — 10,438 1,543 12,830 — 24,811 Other accrued liabilities 3,283 5,249 268 9,436 — 18,236 535,557 332,465 20,483 200,424 (835,749 ) 253,180 Deferred Tax Liability — — 12,664 81,945 (7,150 ) 87,459 Derivative Liability 1,638 1,092 — — — 2,730 Other Liabilities — 705 — 10,698 — 11,403 Long-Term Debt: Revolving credit loans — — — 40,000 — 40,000 Term debt — 127,350 — 596,175 — 723,525 Notes — — 445,458 491,799 — 937,257 — 127,350 445,458 1,127,974 — 1,700,782 Equity (50,963 ) 517,310 116,615 1,257,432 (1,891,357 ) (50,963 ) $ 486,232 $ 978,922 $ 595,220 $ 2,678,473 $ (2,734,256 ) $ 2,004,591 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET December 31, 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 $ — $ — $ 85,758 $ 81,582 $ (1,095 ) $ 166,245 Receivables — 1,184 15,574 857,205 (836,241 ) 37,722 Inventories — — 1,891 27,828 — 29,719 Other current assets 164 28,297 3,454 10,983 (29,601 ) 13,297 164 29,481 106,677 977,598 (866,937 ) 246,983 Property and Equipment, net — 835 181,673 1,403,264 — 1,585,772 Investment in Park 588,684 1,045,640 238,132 234,238 (2,106,694 ) — Goodwill 674 — 63,551 119,605 — 183,830 Other Intangibles, net — — 14,177 23,887 — 38,064 Deferred Tax Asset — 20,956 — — (20,956 ) — Other Assets — — 40 9,470 — 9,510 $ 589,522 $ 1,096,912 $ 604,250 $ 2,768,062 $ (2,994,587 ) $ 2,064,159 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 497,558 $ 344,410 $ 1,379 $ 18,610 $ (837,336 ) $ 24,621 Deferred revenue — — 6,237 79,894 — 86,131 Accrued interest 27 18 2,055 6,024 — 8,124 Accrued taxes 352 — — 73,224 (29,601 ) 43,975 Accrued salaries, wages and benefits — 17,498 1,242 — — 18,740 Self-insurance reserves — 10,947 1,618 12,542 25,107 Other accrued liabilities 3,406 5,094 157 10,139 — 18,796 501,343 377,967 12,688 200,433 (866,937 ) 225,494 Deferred Tax Liability — — 13,809 81,945 (20,956 ) 74,798 Derivative Liability 5,233 3,489 — — — 8,722 Other Liabilities — 873 — 10,811 — 11,684 Long-Term Debt: Term debt — 127,437 — 596,351 — 723,788 Notes — — 445,156 491,571 — 936,727 — 127,437 445,156 1,087,922 — 1,660,515 Equity 82,946 587,146 132,597 1,386,951 (2,106,694 ) 82,946 $ 589,522 $ 1,096,912 $ 604,250 $ 2,768,062 $ (2,994,587 ) $ 2,064,159 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 26, 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 $ — $ — $ 29,590 $ 4,652 $ — $ 34,242 Receivables — 1,552 61,894 541,622 (576,483 ) 28,585 Inventories — — 1,965 35,973 — 37,938 Other current assets 74 907 3,462 27,687 (1,661 ) 30,469 74 2,459 96,911 609,934 (578,144 ) 131,234 Property and Equipment, net — 835 176,952 1,410,861 — 1,588,648 Investment in Park 711,257 852,264 195,731 294,228 (2,053,480 ) — Goodwill 674 — 59,620 119,605 — 179,899 Other Intangibles, net — — 13,306 24,418 — 37,724 Deferred Tax Asset — 16,616 — — (16,616 ) — Other Assets — 2,000 109 18,665 — 20,774 $ 712,005 $ 874,174 $ 542,629 $ 2,477,711 $ (2,648,240 ) $ 1,958,279 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 897 $ 100 $ 3,353 $ — $ 4,350 Accounts payable 453,329 125,934 2,081 39,854 (576,483 ) 44,715 Deferred revenue — — 7,373 108,759 — 116,132 Accrued interest 864 589 7,729 1,831 — 11,013 Accrued taxes 1,084 — — 9,113 (1,661 ) 8,536 Accrued salaries, wages and benefits — 13,792 635 — — 14,427 Self-insurance reserves — 11,397 1,484 12,952 — 25,833 Other accrued liabilities 2,644 3,907 164 4,904 — 11,619 457,921 156,516 19,566 180,766 (578,144 ) 236,625 Deferred Tax Liability — — 13,273 125,350 (16,616 ) 122,007 Derivative Liability 9,395 6,263 — — — 15,658 Other Liabilities — 1,125 — 11,798 — 12,923 Long-Term Debt: Revolving credit loans — — — 85,000 — 85,000 Term debt — 123,347 13,576 456,274 — 593,197 Notes 292,241 203,256 444,924 — — 940,421 292,241 326,603 458,500 541,274 — 1,618,618 Equity (47,552 ) 383,667 51,290 1,618,523 (2,053,480 ) (47,552 ) $ 712,005 $ 874,174 $ 542,629 $ 2,477,711 $ (2,648,240 ) $ 1,958,279 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 25, 2018 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 25,073 $ 22,114 $ — $ (4,299 ) $ 42,888 Receivables — 1,232 74,787 23,005 762,874 (831,103 ) 30,795 Inventories — — 2,493 30,661 7,149 — 40,303 Other current assets 69 1,922 2,459 28,669 7,226 (347 ) 39,998 69 3,154 104,812 104,449 777,249 (835,749 ) 153,984 Property and Equipment, net — 827 180,303 — 1,439,969 — 1,621,099 Investment in Park 485,489 967,791 234,220 1,426,366 203,858 (3,317,724 ) — Goodwill 674 — 62,012 8,388 111,217 — 182,291 Other Intangibles, net — — 13,834 — 23,876 — 37,710 Deferred Tax Asset — 7,150 — — — (7,150 ) — Other Assets — — 39 399 9,069 — 9,507 $ 486,232 $ 978,922 $ 595,220 $ 1,539,602 $ 2,565,238 $ (4,160,623 ) $ 2,004,591 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 531,176 $ 302,858 $ 1,806 $ 30,271 $ 9,103 $ (835,402 ) $ 39,812 Deferred revenue — — 8,033 89,492 26,988 — 124,513 Accrued interest 215 143 7,634 13,127 — — 21,119 Accrued taxes 883 — 463 7,782 1,395 (347 ) 10,176 Accrued salaries, wages and benefits — 13,777 736 — — — 14,513 Self-insurance reserves — 10,438 1,543 10,475 2,355 — 24,811 Other accrued liabilities 3,283 5,249 268 5,054 4,382 — 18,236 535,557 332,465 20,483 156,201 44,223 (835,749 ) 253,180 Deferred Tax Liability — — 12,664 — 81,945 (7,150 ) 87,459 Derivative Liability 1,638 1,092 — — — — 2,730 Other Liabilities — 705 — 120 10,578 — 11,403 Long-Term Debt: Revolving credit loans — — — 40,000 — — 40,000 Term debt — 127,350 — 596,175 — — 723,525 Notes — — 445,458 491,799 — — 937,257 — 127,350 445,458 1,127,974 — — 1,700,782 Equity (50,963 ) 517,310 116,615 255,307 2,428,492 (3,317,724 ) (50,963 ) $ 486,232 $ 978,922 $ 595,220 $ 1,539,602 $ 2,565,238 $ (4,160,623 ) $ 2,004,591 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET December 31, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 85,758 $ 80,430 $ 1,152 $ (1,095 ) $ 166,245 Receivables — 1,184 15,574 26,130 831,075 (836,241 ) 37,722 Inventories — — 1,891 22,528 5,300 — 29,719 Other current assets 164 28,297 3,454 9,341 1,642 (29,601 ) 13,297 164 29,481 106,677 138,429 839,169 (866,937 ) 246,983 Property and Equipment, net — 835 181,673 — 1,403,264 — 1,585,772 Investment in Park 588,684 1,045,640 238,132 1,392,761 234,237 (3,499,454 ) — Goodwill 674 — 63,551 8,387 111,218 — 183,830 Other Intangibles, net — — 14,177 — 23,887 — 38,064 Deferred Tax Asset — 20,956 — — — (20,956 ) — Other Assets — — 40 402 9,068 — 9,510 $ 589,522 $ 1,096,912 $ 604,250 $ 1,539,979 $ 2,620,843 $ (4,387,347 ) $ 2,064,159 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Accounts payable $ 497,558 $ 344,410 $ 1,379 $ 13,572 $ 5,038 $ (837,336 ) $ 24,621 Deferred revenue — — 6,237 59,307 20,587 — 86,131 Accrued interest 27 18 2,055 6,024 — — 8,124 Accrued taxes 352 — — 6,176 67,048 (29,601 ) 43,975 Accrued salaries, wages and benefits — 17,498 1,242 — — — 18,740 Self-insurance reserves — 10,947 1,618 10,156 2,386 — 25,107 Other accrued liabilities 3,406 5,094 157 5,649 4,490 — 18,796 501,343 377,967 12,688 100,884 99,549 (866,937 ) 225,494 Deferred Tax Liability — — 13,809 — 81,945 (20,956 ) 74,798 Derivative Liability 5,233 3,489 — — — — 8,722 Other Liabilities — 873 — 120 10,691 — 11,684 Long-Term Debt: Term debt — 127,437 — 596,351 — — 723,788 Notes — — 445,156 491,571 — — 936,727 — 127,437 445,156 1,087,922 — — 1,660,515 Equity 82,946 587,146 132,597 351,053 2,428,658 (3,499,454 ) 82,946 $ 589,522 $ 1,096,912 $ 604,250 $ 1,539,979 $ 2,620,843 $ (4,387,347 ) $ 2,064,159 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET March 26, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 29,590 $ 3,979 $ 673 $ — $ 34,242 Receivables — 1,552 61,894 20,455 521,167 (576,483 ) 28,585 Inventories — — 1,965 29,247 6,726 — 37,938 Other current assets 74 907 3,462 21,705 5,982 (1,661 ) 30,469 74 2,459 96,911 75,386 534,548 (578,144 ) 131,234 Property and Equipment, net — 835 176,952 — 1,410,861 — 1,588,648 Investment in Park 711,257 852,264 195,731 1,291,335 294,228 (3,344,815 ) — Goodwill 674 — 59,620 8,388 111,217 — 179,899 Other Intangibles, net — — 13,306 — 24,418 — 37,724 Deferred Tax Asset — 16,616 — — — (16,616 ) — Other Assets — 2,000 109 1,240 17,425 — 20,774 $ 712,005 $ 874,174 $ 542,629 $ 1,376,349 $ 2,392,697 $ (3,939,575 ) $ 1,958,279 LIABILITIES AND PARTNERS’ EQUITY Current Liabilities: Current maturities of long-term debt $ — $ 897 $ 100 $ 3,353 $ — $ — $ 4,350 Accounts payable 453,329 125,934 2,081 30,886 8,968 (576,483 ) 44,715 Deferred revenue — — 7,373 80,666 28,093 — 116,132 Accrued interest 864 589 7,729 1,831 — — 11,013 Accrued taxes 1,084 — — 7,563 1,550 (1,661 ) 8,536 Accrued salaries, wages and benefits — 13,792 635 — — — 14,427 Self-insurance reserves — 11,397 1,484 10,883 2,069 — 25,833 Other accrued liabilities 2,644 3,907 164 2,717 2,187 — 11,619 457,921 156,516 19,566 137,899 42,867 (578,144 ) 236,625 Deferred Tax Liability — — 13,273 — 125,350 (16,616 ) 122,007 Derivative Liability 9,395 6,263 — — — — 15,658 Other Liabilities — 1,125 — 331 11,467 — 12,923 Long-Term Debt: Revolving credit loans — — — 85,000 — — 85,000 Term debt — 123,347 13,576 456,274 — — 593,197 Notes 292,241 203,256 444,924 — — — 940,421 292,241 326,603 458,500 541,274 — — 1,618,618 Equity (47,552 ) 383,667 51,290 696,845 2,213,013 (3,344,815 ) (47,552 ) $ 712,005 $ 874,174 $ 542,629 $ 1,376,349 $ 2,392,697 $ (3,939,575 ) $ 1,958,279
Condensed Consolidating Statement of Operations	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 25, 2018 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ (10,767 ) $ 854 $ 271 $ 49,787 $ 14,582 $ 54,727 Costs and expenses: Cost of food, merchandise, and games revenues — — — 6,003 — 6,003 Operating expenses — 42,671 5,716 25,859 14,582 88,828 Selling, general and administrative 759 14,450 680 12,793 — 28,682 Depreciation and amortization — 8 — 5,513 — 5,521 Loss on impairment / retirement of fixed assets, net — — 40 1,300 — 1,340 759 57,129 6,436 51,468 14,582 130,374 Operating loss (11,526 ) (56,275 ) (6,165 ) (1,681 ) — (75,647 ) Interest expense, net 4,904 4,367 5,583 4,682 — 19,536 Net effect of swaps (2,207 ) (1,421 ) — — — (3,628 ) Loss on early debt extinguishment — 187 — 886 — 1,073 (Gain) loss on foreign currency — (41 ) 10,135 — — 10,094 Other (income) expense 59 (9,804 ) 854 8,768 — (123 ) Loss from investment in affiliates 68,528 28,815 3,913 20,585 (121,841 ) — Loss before taxes (82,810 ) (78,378 ) (26,650 ) (36,602 ) 121,841 (102,599 ) Provision (benefit) for taxes 590 (9,851 ) (6,062 ) (3,876 ) — (19,199 ) Net loss $ (83,400 ) $ (68,527 ) $ (20,588 ) $ (32,726 ) $ 121,841 $ (83,400 ) Other comprehensive income, (net of tax): Foreign currency translation adjustment 4,604 — 4,604 — (4,604 ) 4,604 Unrealized gain on cash flow hedging derivatives 2,018 630 — — (630 ) 2,018 Other comprehensive income, (net of tax) 6,622 630 4,604 — (5,234 ) 6,622 Total comprehensive loss $ (76,778 ) $ (67,897 ) $ (15,984 ) $ (32,726 ) $ 116,607 $ (76,778 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 26, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Guarantor Subsidiaries Eliminations Total Net revenues $ (6,138 ) $ (291 ) $ 353 $ 45,296 $ 9,098 $ 48,318 Costs and expenses: Cost of food, merchandise, and games revenues — — — 5,480 — 5,480 Operating expenses — 40,592 5,304 29,295 9,098 84,289 Selling, general and administrative 894 14,495 746 11,484 — 27,619 Depreciation and amortization — 8 2 5,355 — 5,365 Loss on impairment / retirement of fixed assets, net — — 445 1,081 — 1,526 894 55,095 6,497 52,695 9,098 124,279 Operating loss (7,032 ) (55,386 ) (6,144 ) (7,399 ) — (75,961 ) Interest (income) expense, net 8,169 5,308 5,905 (500 ) — 18,882 Net effect of swaps 150 151 — — — 301 Gain on foreign currency — — (2,671 ) — — (2,671 ) Other (income) expense 62 (15,264 ) 657 14,545 — — Loss from investment in affiliates 48,666 20,604 4,344 11,097 (84,711 ) — Loss before taxes (64,079 ) (66,185 ) (14,379 ) (32,541 ) 84,711 (92,473 ) Provision (benefit) for taxes 675 (17,519 ) (3,276 ) (7,599 ) — (27,719 ) Net loss $ (64,754 ) $ (48,666 ) $ (11,103 ) $ (24,942 ) $ 84,711 $ (64,754 ) Other comprehensive income (loss), (net of tax): Foreign currency translation adjustment (660 ) — (660 ) — 660 (660 ) Unrealized gain on cash flow hedging derivatives 1,994 605 — — (605 ) 1,994 Other comprehensive income (loss), (net of tax) 1,334 605 (660 ) — 55 1,334 Total comprehensive loss $ (63,420 ) $ (48,061 ) $ (11,763 ) $ (24,942 ) $ 84,766 $ (63,420 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 25, 2018 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total Net revenues $ (10,767 ) $ 854 $ 271 $ 53,731 $ 1,706 $ 8,932 $ 54,727 Costs and expenses: Cost of food, merchandise and games revenues — — — 5,899 104 — 6,003 Operating expenses — 42,671 5,716 22,620 8,889 8,932 88,828 Selling, general and administrative 759 14,450 680 11,643 1,150 — 28,682 Depreciation and amortization — 8 — — 5,513 — 5,521 Loss on impairment / retirement of fixed assets, net — — 40 651 649 — 1,340 759 57,129 6,436 40,813 16,305 8,932 130,374 Operating income (loss) (11,526 ) (56,275 ) (6,165 ) 12,918 (14,599 ) — (75,647 ) Interest (income) expense, net 4,904 4,367 5,583 11,553 (6,871 ) — 19,536 Net effect of swaps (2,207 ) (1,421 ) — — — — (3,628 ) Loss on early debt extinguishment — 187 — 886 — — 1,073 (Gain) loss on foreign currency — (41 ) 10,135 — — — 10,094 Other (income) expense 59 (9,804 ) 854 — 8,768 — (123 ) Loss from investment in affiliates 68,528 28,815 3,913 — 20,585 (121,841 ) — Income (loss) before taxes (82,810 ) (78,378 ) (26,650 ) 479 (37,081 ) 121,841 (102,599 ) Provision (benefit) for taxes 590 (9,851 ) (6,062 ) 479 (4,355 ) — (19,199 ) Net loss $ (83,400 ) $ (68,527 ) $ (20,588 ) $ — $ (32,726 ) $ 121,841 $ (83,400 ) Other comprehensive income, (net of tax): Cumulative foreign currency translation adjustment 4,604 — 4,604 — — (4,604 ) 4,604 Unrealized gain on cash flow hedging derivatives 2,018 630 — — — (630 ) 2,018 Other comprehensive income, (net of tax) 6,622 630 4,604 — — (5,234 ) 6,622 Total comprehensive loss $ (76,778 ) $ (67,897 ) $ (15,984 ) $ — $ (32,726 ) $ 116,607 $ (76,778 ) CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME For the Three Months Ended March 26, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total Net revenues $ (6,138 ) $ (291 ) $ 353 $ 46,978 $ 3,782 $ 3,634 $ 48,318 Costs and expenses: Cost of food, merchandise and games revenues — — — 5,313 167 — 5,480 Operating expenses — 40,592 5,304 26,318 8,441 3,634 84,289 Selling, general and administrative 894 14,495 746 10,893 591 — 27,619 Depreciation and amortization — 8 2 — 5,355 — 5,365 Loss on impairment / retirement of fixed assets, net — — 445 496 585 — 1,526 894 55,095 6,497 43,020 15,139 3,634 124,279 Operating income (loss) (7,032 ) (55,386 ) (6,144 ) 3,958 (11,357 ) — (75,961 ) Interest (income) expense, net 8,169 5,308 5,905 3,422 (3,922 ) — 18,882 Net effect of swaps 150 151 — — — — 301 Gain on foreign currency — — (2,671 ) — — — (2,671 ) Other (income) expense 62 (15,264 ) 657 — 14,545 — — Loss from investment in affiliates 48,666 20,604 4,344 — 11,097 (84,711 ) — Income (loss) before taxes (64,079 ) (66,185 ) (14,379 ) 536 (33,077 ) 84,711 (92,473 ) Provision (benefit) for taxes 675 (17,519 ) (3,276 ) 536 (8,135 ) — (27,719 ) Net loss $ (64,754 ) $ (48,666 ) $ (11,103 ) $ — $ (24,942 ) $ 84,711 $ (64,754 ) Other comprehensive income (loss), (net of tax): Cumulative foreign currency translation adjustment (660 ) — (660 ) — — 660 (660 ) Unrealized gain on cash flow hedging derivatives 1,994 605 — — — (605 ) 1,994 Other comprehensive income (loss), (net of tax) 1,334 605 (660 ) — — 55 1,334 Total comprehensive loss $ (63,420 ) $ (48,061 ) $ (11,763 ) $ — $ (24,942 ) $ 84,766 $ (63,420 )
Condensed Consolidating Statement of Cash Flows	CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 25, 2018 (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 $ 16,999 $ 58,464 $ (6,538 ) $ (120,584 ) $ (3,559 ) $ (55,218 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — (50,000 ) 64,688 (14,688 ) — Capital expenditures — — (2,739 ) (42,053 ) — (44,792 ) Net cash from (for) investing activities — — (52,739 ) 22,635 (14,688 ) (44,792 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 33,622 (48,310 ) — — 14,688 — Net borrowings on revolving credit loans — — — 40,000 — 40,000 Distributions paid to partners (50,621 ) — — — 355 (50,266 ) Payment of debt issuance costs and original issue discount — (321 ) — (1,519 ) — (1,840 ) Exercise of limited partnership unit options — 125 — — — 125 Tax effect of units involved in treasury unit transactions — (3,039 ) — — — (3,039 ) Payments related to tax withholding for equity compensation — (6,919 ) — — — (6,919 ) Net cash from (for) financing activities (16,999 ) (58,464 ) — 38,481 15,043 (21,939 ) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — (1,408 ) — — (1,408 ) CASH AND CASH EQUIVALENTS Net decrease for the period — — (60,685 ) (59,468 ) (3,204 ) (123,357 ) Balance, beginning of period — — 85,758 81,582 (1,095 ) 166,245 Balance, end of period $ — $ — $ 25,073 $ 22,114 $ (4,299 ) $ 42,888 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 26, 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 $ 23,702 $ 56,496 $ (35,208 ) $ (119,483 ) $ 509 $ (73,984 ) CASH FLOWS FOR INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — 28,274 (28,274 ) — Capital expenditures — — (1,148 ) (47,317 ) — (48,465 ) Net cash for investing activities — — (1,148 ) (19,043 ) (28,274 ) (48,465 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 24,949 (53,223 ) — — 28,274 — Net borrowings on revolving credit loans — — — 85,000 — 85,000 Distributions paid to partners (48,651 ) — — — 516 (48,135 ) Tax effect of units involved in treasury unit transactions — (1,369 ) — — — (1,369 ) Payments related to tax withholding for equity compensation — (1,904 ) — — — (1,904 ) Net cash from (for) financing activities (23,702 ) (56,496 ) — 85,000 28,790 33,592 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 383 — — 383 CASH AND CASH EQUIVALENTS Net decrease for the period — — (35,973 ) (53,526 ) 1,025 (88,474 ) Balance, beginning of period — — 65,563 58,178 (1,025 ) 122,716 Balance, end of period $ — $ — $ 29,590 $ 4,652 $ — $ 34,242 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 25, 2018 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING ACTIVITIES $ 16,999 $ 58,464 $ (6,538 ) $ (64,317 ) $ (56,267 ) $ (3,559 ) $ (55,218 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — (50,000 ) — 64,688 (14,688 ) — Capital expenditures — — (2,739 ) (32,480 ) (9,573 ) — (44,792 ) Net cash from (for) investing activities — — (52,739 ) (32,480 ) 55,115 (14,688 ) (44,792 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 33,622 (48,310 ) — — — 14,688 — Net borrowings on revolving credit loans — — — 40,000 — — 40,000 Distributions paid to partners (50,621 ) — — — — 355 (50,266 ) Payment of debt issuance costs and original issue discount — (321 ) — (1,519 ) — — (1,840 ) Exercise of limited partnership unit options — 125 — — — — 125 Tax effect of units involved in treasury unit transactions — (3,039 ) — — — — (3,039 ) Payments related to tax withholding for equity compensation — (6,919 ) — — — — (6,919 ) Net cash from (for) financing activities (16,999 ) (58,464 ) — 38,481 — 15,043 (21,939 ) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — (1,408 ) — — — (1,408 ) CASH AND CASH EQUIVALENTS Net decrease for the year — — (60,685 ) (58,316 ) (1,152 ) (3,204 ) (123,357 ) Balance, beginning of year — — 85,758 80,430 1,152 (1,095 ) 166,245 Balance, end of year $ — $ — $ 25,073 $ 22,114 $ — $ (4,299 ) $ 42,888 CEDAR FAIR, L.P. UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the Three Months Ended March 26, 2017 (In thousands) Cedar Fair L.P. (Parent) Co-Issuer Subsidiary (Magnum) Co-Issuer Subsidiary (Cedar Canada) Co-Issuer Subsidiary (Millennium) Guarantor Subsidiaries Eliminations Total NET CASH FROM (FOR) OPERATING ACTIVITIES $ 23,702 $ 56,496 $ (35,208 ) $ (97,827 ) $ (21,656 ) $ 509 $ (73,984 ) CASH FLOWS FROM (FOR) INVESTING ACTIVITIES Intercompany receivables (payments) receipts — — — — 28,274 (28,274 ) — Capital expenditures — — (1,148 ) (41,019 ) (6,298 ) — (48,465 ) Net cash from (for) investing activities — — (1,148 ) (41,019 ) 21,976 (28,274 ) (48,465 ) CASH FLOWS FROM (FOR) FINANCING ACTIVITIES Intercompany payables (payments) receipts 24,949 (53,223 ) — — — 28,274 — Net borrowings on revolving credit loans — — — 85,000 — — 85,000 Distributions paid to partners (48,651 ) — — — — 516 (48,135 ) Tax effect of units involved in treasury unit transactions — (1,369 ) — — — — (1,369 ) Payments related to tax withholding for equity compensation — (1,904 ) — — — — (1,904 ) Net cash from (for) financing activities (23,702 ) (56,496 ) — 85,000 — 28,790 33,592 EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS — — 383 — — — 383 CASH AND CASH EQUIVALENTS Net increase (decrease) for the year — — (35,973 ) (53,846 ) 320 1,025 (88,474 ) Balance, beginning of year — — 65,563 57,825 353 (1,025 ) 122,716 Balance, end of year $ — $ — $ 29,590 $ 3,979 $ 673 $ — $ 34,242

Significant Accounting and Re28

Significant Accounting and Reporting Policies (Details) - USD ($) $ in Thousands	Jan. 01, 2018	Mar. 25, 2018	Mar. 26, 2017	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred revenue		$ 124,513	$ 116,132	$ 86,131
Deferred revenue percentage, season-long products	88.00%
Revenue from contract with customer		4,200
Other current assets		14,408	10,423	10,266
Inventories		40,303	37,938	$ 29,719
Net change in other assets/liabilities		278	226
Other non-cash expenses		(13,112)	(21,379)
Reclassification of stranded tax effect		$ 400
Minimum [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating period		130 days
Maximum [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating period		140 days
Restatement Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other current assets			1,400
Scenario, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Inventories			(1,400)
Net change in other assets/liabilities			(16,800)
Other non-cash expenses			$ 16,800

Interim Reporting (Details)

Interim Reporting (Details)	3 Months Ended
	Mar. 25, 2018property
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	4
Winterfest parks	5
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 - Wildwater K

Long-Lived Assets - Wildwater Kingdom Held for Sale (Details)	3 Months Ended
	Dec. 31, 2017USD ($)	Sep. 25, 2016USD ($)aproperty	Mar. 25, 2018USD ($)	Mar. 26, 2017USD ($)
Property, Plant and Equipment [Line Items]
Closed operations, properties | property		1
Area of land | a		670
Other Assets [Member]
Property, Plant and Equipment [Line Items]
Land Available-for-sale		$ 17,100,000
Wildwater Kingdom [Member]
Property, Plant and Equipment [Line Items]
Impairment of long-lived assets held-for-use	$ 7,600,000
Wildwater Kingdom [Member] | Other Assets [Member]
Property, Plant and Equipment [Line Items]
Impairment of real estate		$ 0
Assets held-for-sale	$ 9,000,000		$ 9,000,000	$ 17,000,000

Goodwill and Other Intangible31

Goodwill and Other Intangible Assets Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
Goodwill [Roll Forward]
Goodwill (gross), beginning of period	$ 263,698	$ 259,528
Accumulated Impairment Losses, beginning of period	(79,868)	(79,868)
Goodwill (net), beginning of period	183,830	179,660
Foreign currency translation	(1,539)	239
Goodwill (gross), end of period	262,159	259,767
Accumulated Impairment Losses, ending of period	(79,868)	(79,868)
Goodwill (net), end of period	$ 182,291	$ 179,899

Goodwill and Other Intangible32

Goodwill and Other Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 25, 2018	Dec. 31, 2017	Mar. 26, 2017
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated Amortization	$ (1,842)	$ (1,827)	$ (1,233)
Total other intangible assets, gross carrying amount	39,552	39,891	38,957
Total other intangibe assets, net carrying value	37,710	38,064	37,724
License / Franchise Agreements [Member]
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross Carrying Amount	3,364	3,360	3,301
Accumulated Amortization	(1,842)	(1,827)	(1,233)
Net Carrying Value	1,522	1,533	2,068
Trade Names [Member]
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Carrying Amount/Value	$ 36,188	$ 36,531	$ 35,656

Long-Term Debt Schedule of Long

Long-Term Debt Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 25, 2018	Dec. 31, 2017	Mar. 26, 2017
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,725,000	$ 1,685,000	$ 1,637,850
Current maturities of long-term debt	0	0	(4,350)
Long-term debt, excluding current maturities, gross	1,725,000	1,685,000	1,633,500
Deferred finance costs	(24,218)	(24,485)	(14,882)
Total long-term debt	$ 1,700,782	1,660,515	1,618,618
April 2017 Notes [Member]
Debt Instrument [Line Items]
Interest rate, stated percentage	5.375%
Long-term debt, gross	$ 500,000	500,000	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	0	500,000
Senior Secured Term Loan [Member] | 2017 Credit Agreement [Member]
Debt Instrument [Line Items]
Interest rate during period	3.51%
Long-term debt, gross	$ 735,000	735,000	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	0	602,850
Revolving Credit Facility [Member] | Revolving Credit Facility Due 2022 [Member]
Debt Instrument [Line Items]
Long-term debt, gross	40,000	0	0
Revolving Credit Facility [Member] | Revolving Credit Facility Due 2018 [Member]
Debt Instrument [Line Items]
Long-term debt, gross	$ 0	$ 0	$ 85,000

Long-Term Debt Narrative (Detai

Long-Term Debt Narrative (Details) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Apr. 30, 2017	Mar. 25, 2018	Mar. 26, 2017	Dec. 31, 2017	Mar. 14, 2018	Jun. 30, 2014	Mar. 31, 2013
Debt Instrument [Line Items]
Loss on early debt extinguishment		$ 1,073,000	$ 0	$ 23,100,000
Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Periodic principal payment	$ 7,500,000
April 2017 Notes [Member]
Debt Instrument [Line Items]
Interest rate, stated percentage		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%
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	$ 7,700,000
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
Original issue discount					$ 900,000
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%
London Interbank Offered Rate (LIBOR) [Member] | 2017 Credit Agreement [Member] | Senior Secured Term Loan [Member]
Debt Instrument [Line Items]
Effective interest rate percentage					1.75%

Derivative Financial Instrume35

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

Derivative Financial Instrume36

Derivative Financial Instruments Balance Sheet Location (Details) - USD ($) $ in Thousands	Mar. 25, 2018	Dec. 31, 2017	Mar. 26, 2017
Derivatives, Fair Value [Line Items]
Derivative Liability	$ (2,730)	$ (8,722)	$ (15,658)
Interest Rate Swap [Member] | Not Designated As Hedging [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability	$ (2,730)	$ (8,722)	$ (15,658)

Derivative Financial Instrume37

Derivative Financial Instruments Income Statement Location (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
Derivative [Line Items]
Net effect of swaps	$ 3,628	$ (301)
Interest Rate Swap [Member]
Derivative [Line Items]
Amortization of deferred hedge gains	2,400	2,400
Cash Flow Hedging [Member] | Forward-Starting Interest Rate Swap [Member]
Derivative [Line Items]
Accumulated other comprehensive income (loss) related to cash flow hedges	(7,100)
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	$ 6,000	$ 2,100

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2017	Mar. 25, 2018	Mar. 26, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred finance costs	$ 24,485	$ 24,218	$ 14,882
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	(8,722)	(2,730)	(15,658)
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	(8,722)	(2,730)	(15,658)
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	0	(601,493)
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	0	(598,500)
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	(742,350)	(740,513)	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	(735,000)	(735,000)	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	0	(513,125)
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	0	(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	(469,125)	(455,625)	(462,375)
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 2 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of notes	(525,000)	(494,375)	0
April 2017 Notes [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 notes	(500,000)	(500,000)	0
Short-term Investments [Member] | Other Current Assets [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value	736	901	0
Short-term Investments [Member] | Reported Value Measurement [Member] | Other Current Assets [Member] | Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value	736	$ 901	$ 0
Wildwater Kingdom [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of long-lived assets held-for-use	$ 7,600

Earnings per Unit (Details)

Earnings per Unit (Details) - $ / shares shares in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
Earnings Per Unit [Abstract]
Basic weighted average units outstanding (in shares)	56,150	56,008
Diluted weighted average units outstanding (in shares)	56,150	56,008
Net income (loss) per limited partner unit - basic (in dollars per share)	$ (1.49)	$ (1.16)
Net income (loss) per limited partner unit - diluted (in dollars per share)	$ (1.49)	$ (1.16)

Income and Partnership Taxes Un

Income and Partnership Taxes Unrecognized Tax Position (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 25, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Unrecognized tax benefit	$ 0.7
Federal statutory income tax rate, percent	21.00%	35.00%
Tax Cuts and Jobs Act of 2017, deferred tax liability, existing income tax expense (benefit)		$ 49.2

Changes in Accumulated Other 41

Changes in Accumulated Other Comprehensive Income by Component Changes in AOCI by Component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Net current-period other comprehensive income	$ 6,622	$ 1,334
Reclassification of stranded tax effect	(400)
Provision (benefit) for taxes	19,199	27,719
OCI before reclassifications, tax		1,145
Gains and Losses on Cash Flow Hedges [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning	(7,975)	(15,950)
Other comprehensive income before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income	2,018	1,994
Net current-period other comprehensive income	2,018	1,994
Reclassification of stranded tax effect	(391)
Balance, ending	(6,348)	(13,956)
Foreign Currency Items [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning	4,042	18,891
Other comprehensive income before reclassifications	4,604	(660)
Amounts reclassified from accumulated other comprehensive income	0	0
Net current-period other comprehensive income	4,604	(660)
Reclassification of stranded tax effect	0
Balance, ending	8,646	18,231
AOCI Attributable to Parent [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance, beginning	(3,933)	2,941
Other comprehensive income before reclassifications	4,604	(660)
Amounts reclassified from accumulated other comprehensive income	2,018	1,994
Net current-period other comprehensive income	6,622	1,334
Reclassification of stranded tax effect	(391)
Balance, ending	$ 2,298	$ 4,275

Changes in Accumulated Other 42

Changes in Accumulated Other Comprehensive Income by Component Reclassifications Out of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest Income (Expense), Net	$ (19,536)	$ (18,882)
Provision (benefit) for taxes	19,199	27,719
Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision (benefit) for taxes	(347)	(371)
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	(347)	(371)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	2,018	1,994
Interest Rate Swap [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]
Interest Income (Expense), Net	$ 2,365	$ 2,365

Consolidating Financial Infor43

Consolidating Financial Information of Guarantors and Issuers (Details) - Unsecured Debt [Member]	Mar. 25, 2018
Condensed Financial Statements, Captions [Line Items]
Subsidiary ownership percentage, guaranteeing notes	100.00%
Subsidiary guarantor ownership percentage	100.00%

Consolidating Financial Infor44

Consolidating Financial Information of Guarantors and Issuers Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 25, 2018	Dec. 31, 2017	Mar. 26, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 42,888	$ 166,245	$ 34,242	$ 122,716
Receivables	30,795	37,722	28,585
Inventories	40,303	29,719	37,938
Prepaid expense and other assets	39,998	13,297	30,469
Total current assets	153,984	246,983	131,234
Property and equipment (net)	1,621,099	1,585,772	1,588,648
Investment In Park	0	0	0
Goodwill	182,291	183,830	179,899	179,660
Other intangibles, net	37,710	38,064	37,724
Deferred tax asset	0	0	0
Other Assets	9,507	9,510	20,774
Total Assets	2,004,591	2,064,159	1,958,279
Current Liabilities:
Current maturities of long-term debt	0	0	4,350
Accounts payable	39,812	24,621	44,715
Deferred revenue	124,513	86,131	116,132
Accrued interest	21,119	8,124	11,013
Accrued taxes	10,176	43,975	8,536
Accrued salaries, wages and benefits	14,513	18,740	14,427
Self-insurance reserves	24,811	25,107	25,833
Other accrued liabilities	18,236	18,796	11,619
Total current liabilities	253,180	225,494	236,625
Deferred Tax Liability	87,459	74,798	122,007
Derivative Liability	2,730	8,722	15,658
Other Liabilities	11,403	11,684	12,923
Long-Term Debt:
Revolving credit loans	40,000	0	85,000
Term debt	723,525	723,788	593,197
Notes	937,257	936,727	940,421
Total long-term debt	1,700,782	1,660,515	1,618,618
Equity	(50,963)	82,946	(47,552)
Total Partners' Equity and Liabilities	2,004,591	2,064,159	1,958,279
June 2014 Notes [Member]
Current Assets:
Cash and cash equivalents	42,888	166,245	34,242	122,716
Receivables	30,795	37,722	28,585
Inventories	40,303	29,719	37,938
Prepaid expense and other assets	39,998	13,297	30,469
Total current assets	153,984	246,983	131,234
Property and equipment (net)	1,621,099	1,585,772	1,588,648
Investment In Park	0	0	0
Goodwill	182,291	183,830	179,899
Other intangibles, net	37,710	38,064	37,724
Deferred tax asset	0	0	0
Other Assets	9,507	9,510	20,774
Total Assets	2,004,591	2,064,159	1,958,279
Current Liabilities:
Current maturities of long-term debt			4,350
Accounts payable	39,812	24,621	44,715
Deferred revenue	124,513	86,131	116,132
Accrued interest	21,119	8,124	11,013
Accrued taxes	10,176	43,975	8,536
Accrued salaries, wages and benefits	14,513	18,740	14,427
Self-insurance reserves	24,811	25,107	25,833
Other accrued liabilities	18,236	18,796	11,619
Total current liabilities	253,180	225,494	236,625
Deferred Tax Liability	87,459	74,798	122,007
Derivative Liability	2,730	8,722	15,658
Other Liabilities	11,403	11,684	12,923
Long-Term Debt:
Revolving credit loans	40,000		85,000
Term debt	723,525	723,788	593,197
Notes	937,257	936,727	940,421
Total long-term debt	1,700,782	1,660,515	1,618,618
Equity	(50,963)	82,946	(47,552)
Total Partners' Equity and Liabilities	2,004,591	2,064,159	1,958,279
June 2014 Notes [Member] | Reportable Legal Entities [Member] | Parent Company [Member]
Current Assets:
Cash and cash equivalents	0	0	0	0
Receivables	0	0	0
Inventories	0	0	0
Prepaid expense and other assets	69	164	74
Total current assets	69	164	74
Property and equipment (net)	0	0	0
Investment In Park	485,489	588,684	711,257
Goodwill	674	674	674
Other intangibles, net	0	0	0
Deferred tax asset	0	0	0
Other Assets	0	0	0
Total Assets	486,232	589,522	712,005
Current Liabilities:
Current maturities of long-term debt			0
Accounts payable	531,176	497,558	453,329
Deferred revenue	0	0	0
Accrued interest	215	27	864
Accrued taxes	883	352	1,084
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	0	0	0
Other accrued liabilities	3,283	3,406	2,644
Total current liabilities	535,557	501,343	457,921
Deferred Tax Liability	0	0	0
Derivative Liability	1,638	5,233	9,395
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans	0		0
Term debt	0	0	0
Notes	0	0	292,241
Total long-term debt	0	0	292,241
Equity	(50,963)	82,946	(47,552)
Total Partners' Equity and Liabilities	486,232	589,522	712,005
June 2014 Notes [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	22,114	81,582	4,652	58,178
Receivables	785,879	857,205	541,622
Inventories	37,810	27,828	35,973
Prepaid expense and other assets	35,895	10,983	27,687
Total current assets	881,698	977,598	609,934
Property and equipment (net)	1,439,969	1,403,264	1,410,861
Investment In Park	203,857	234,238	294,228
Goodwill	119,605	119,605	119,605
Other intangibles, net	23,876	23,887	24,418
Deferred tax asset	0	0	0
Other Assets	9,468	9,470	18,665
Total Assets	2,678,473	2,768,062	2,477,711
Current Liabilities:
Current maturities of long-term debt			3,353
Accounts payable	39,374	18,610	39,854
Deferred revenue	116,480	79,894	108,759
Accrued interest	13,127	6,024	1,831
Accrued taxes	9,177	73,224	9,113
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	12,830	12,542	12,952
Other accrued liabilities	9,436	10,139	4,904
Total current liabilities	200,424	200,433	180,766
Deferred Tax Liability	81,945	81,945	125,350
Derivative Liability	0	0	0
Other Liabilities	10,698	10,811	11,798
Long-Term Debt:
Revolving credit loans	40,000		85,000
Term debt	596,175	596,351	456,274
Notes	491,799	491,571	0
Total long-term debt	1,127,974	1,087,922	541,274
Equity	1,257,432	1,386,951	1,618,523
Total Partners' Equity and Liabilities	2,678,473	2,768,062	2,477,711
June 2014 Notes [Member] | Eliminations [Member]
Current Assets:
Cash and cash equivalents	(4,299)	(1,095)	0	(1,025)
Receivables	(831,103)	(836,241)	(576,483)
Inventories	0	0	0
Prepaid expense and other assets	(347)	(29,601)	(1,661)
Total current assets	(835,749)	(866,937)	(578,144)
Property and equipment (net)	0	0	0
Investment In Park	(1,891,357)	(2,106,694)	(2,053,480)
Goodwill	0	0	0
Other intangibles, net	0	0	0
Deferred tax asset	(7,150)	(20,956)	(16,616)
Other Assets	0	0	0
Total Assets	(2,734,256)	(2,994,587)	(2,648,240)
Current Liabilities:
Current maturities of long-term debt			0
Accounts payable	(835,402)	(837,336)	(576,483)
Deferred revenue	0	0	0
Accrued interest	0	0	0
Accrued taxes	(347)	(29,601)	(1,661)
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	0		0
Other accrued liabilities	0	0	0
Total current liabilities	(835,749)	(866,937)	(578,144)
Deferred Tax Liability	(7,150)	(20,956)	(16,616)
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans	0		0
Term debt	0	0	0
Notes	0	0	0
Total long-term debt	0	0	0
Equity	(1,891,357)	(2,106,694)	(2,053,480)
Total Partners' Equity and Liabilities	(2,734,256)	(2,994,587)	(2,648,240)
June 2014 Notes [Member] | Co-Issuer Subsidiary (Magnum) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Current Assets:
Cash and cash equivalents	0	0	0	0
Receivables	1,232	1,184	1,552
Inventories	0	0	0
Prepaid expense and other assets	1,922	28,297	907
Total current assets	3,154	29,481	2,459
Property and equipment (net)	827	835	835
Investment In Park	967,791	1,045,640	852,264
Goodwill	0	0	0
Other intangibles, net	0	0	0
Deferred tax asset	7,150	20,956	16,616
Other Assets	0	0	2,000
Total Assets	978,922	1,096,912	874,174
Current Liabilities:
Current maturities of long-term debt			897
Accounts payable	302,858	344,410	125,934
Deferred revenue	0	0	0
Accrued interest	143	18	589
Accrued taxes	0	0	0
Accrued salaries, wages and benefits	13,777	17,498	13,792
Self-insurance reserves	10,438	10,947	11,397
Other accrued liabilities	5,249	5,094	3,907
Total current liabilities	332,465	377,967	156,516
Deferred Tax Liability	0	0	0
Derivative Liability	1,092	3,489	6,263
Other Liabilities	705	873	1,125
Long-Term Debt:
Revolving credit loans	0		0
Term debt	127,350	127,437	123,347
Notes	0	0	203,256
Total long-term debt	127,350	127,437	326,603
Equity	517,310	587,146	383,667
Total Partners' Equity and Liabilities	978,922	1,096,912	874,174
June 2014 Notes [Member] | Co-Issuer Subsidiary (Cedar Canada) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Current Assets:
Cash and cash equivalents	25,073	85,758	29,590	65,563
Receivables	74,787	15,574	61,894
Inventories	2,493	1,891	1,965
Prepaid expense and other assets	2,459	3,454	3,462
Total current assets	104,812	106,677	96,911
Property and equipment (net)	180,303	181,673	176,952
Investment In Park	234,220	238,132	195,731
Goodwill	62,012	63,551	59,620
Other intangibles, net	13,834	14,177	13,306
Deferred tax asset	0	0	0
Other Assets	39	40	109
Total Assets	595,220	604,250	542,629
Current Liabilities:
Current maturities of long-term debt			100
Accounts payable	1,806	1,379	2,081
Deferred revenue	8,033	6,237	7,373
Accrued interest	7,634	2,055	7,729
Accrued taxes	463	0	0
Accrued salaries, wages and benefits	736	1,242	635
Self-insurance reserves	1,543	1,618	1,484
Other accrued liabilities	268	157	164
Total current liabilities	20,483	12,688	19,566
Deferred Tax Liability	12,664	13,809	13,273
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans	0		0
Term debt	0	0	13,576
Notes	445,458	445,156	444,924
Total long-term debt	445,458	445,156	458,500
Equity	116,615	132,597	51,290
Total Partners' Equity and Liabilities	595,220	604,250	542,629
April 2017 Notes [Member] | Reportable Legal Entities [Member] | Parent Company [Member]
Current Assets:
Cash and cash equivalents	0	0	0	0
Receivables	0	0	0
Inventories	0	0	0
Prepaid expense and other assets	69	164	74
Total current assets	69	164	74
Property and equipment (net)	0	0	0
Investment In Park	485,489	588,684	711,257
Goodwill	674	674	674
Other intangibles, net	0	0	0
Deferred tax asset	0	0	0
Other Assets	0	0	0
Total Assets	486,232	589,522	712,005
Current Liabilities:
Current maturities of long-term debt			0
Accounts payable	531,176	497,558	453,329
Deferred revenue	0	0	0
Accrued interest	215	27	864
Accrued taxes	883	352	1,084
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	0	0	0
Other accrued liabilities	3,283	3,406	2,644
Total current liabilities	535,557	501,343	457,921
Deferred Tax Liability	0	0	0
Derivative Liability	1,638	5,233	9,395
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans	0		0
Term debt	0	0	0
Notes	0	0	292,241
Total long-term debt	0	0	292,241
Equity	(50,963)	82,946	(47,552)
Total Partners' Equity and Liabilities	486,232	589,522	712,005
April 2017 Notes [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	0	1,152	673	353
Receivables	762,874	831,075	521,167
Inventories	7,149	5,300	6,726
Prepaid expense and other assets	7,226	1,642	5,982
Total current assets	777,249	839,169	534,548
Property and equipment (net)	1,439,969	1,403,264	1,410,861
Investment In Park	203,858	234,237	294,228
Goodwill	111,217	111,218	111,217
Other intangibles, net	23,876	23,887	24,418
Deferred tax asset	0	0	0
Other Assets	9,069	9,068	17,425
Total Assets	2,565,238	2,620,843	2,392,697
Current Liabilities:
Current maturities of long-term debt			0
Accounts payable	9,103	5,038	8,968
Deferred revenue	26,988	20,587	28,093
Accrued interest	0	0	0
Accrued taxes	1,395	67,048	1,550
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	2,355	2,386	2,069
Other accrued liabilities	4,382	4,490	2,187
Total current liabilities	44,223	99,549	42,867
Deferred Tax Liability	81,945	81,945	125,350
Derivative Liability	0	0	0
Other Liabilities	10,578	10,691	11,467
Long-Term Debt:
Revolving credit loans	0		0
Term debt	0	0	0
Notes	0	0	0
Total long-term debt	0	0	0
Equity	2,428,492	2,428,658	2,213,013
Total Partners' Equity and Liabilities	2,565,238	2,620,843	2,392,697
April 2017 Notes [Member] | Eliminations [Member]
Current Assets:
Cash and cash equivalents	(4,299)	(1,095)	0	(1,025)
Receivables	(831,103)	(836,241)	(576,483)
Inventories	0	0	0
Prepaid expense and other assets	(347)	(29,601)	(1,661)
Total current assets	(835,749)	(866,937)	(578,144)
Property and equipment (net)	0	0	0
Investment In Park	(3,317,724)	(3,499,454)	(3,344,815)
Goodwill	0	0	0
Other intangibles, net	0	0	0
Deferred tax asset	(7,150)	(20,956)	(16,616)
Other Assets	0	0	0
Total Assets	(4,160,623)	(4,387,347)	(3,939,575)
Current Liabilities:
Current maturities of long-term debt			0
Accounts payable	(835,402)	(837,336)	(576,483)
Deferred revenue	0	0	0
Accrued interest	0	0	0
Accrued taxes	(347)	(29,601)	(1,661)
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	0	0	0
Other accrued liabilities	0	0	0
Total current liabilities	(835,749)	(866,937)	(578,144)
Deferred Tax Liability	(7,150)	(20,956)	(16,616)
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans	0		0
Term debt	0	0	0
Notes	0	0	0
Total long-term debt	0	0	0
Equity	(3,317,724)	(3,499,454)	(3,344,815)
Total Partners' Equity and Liabilities	(4,160,623)	(4,387,347)	(3,939,575)
April 2017 Notes [Member] | Co-Issuer Subsidiary (Magnum) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Current Assets:
Cash and cash equivalents	0	0	0	0
Receivables	1,232	1,184	1,552
Inventories	0	0	0
Prepaid expense and other assets	1,922	28,297	907
Total current assets	3,154	29,481	2,459
Property and equipment (net)	827	835	835
Investment In Park	967,791	1,045,640	852,264
Goodwill	0	0	0
Other intangibles, net	0	0	0
Deferred tax asset	7,150	20,956	16,616
Other Assets	0	0	2,000
Total Assets	978,922	1,096,912	874,174
Current Liabilities:
Current maturities of long-term debt			897
Accounts payable	302,858	344,410	125,934
Deferred revenue	0	0	0
Accrued interest	143	18	589
Accrued taxes	0	0	0
Accrued salaries, wages and benefits	13,777	17,498	13,792
Self-insurance reserves	10,438	10,947	11,397
Other accrued liabilities	5,249	5,094	3,907
Total current liabilities	332,465	377,967	156,516
Deferred Tax Liability	0	0	0
Derivative Liability	1,092	3,489	6,263
Other Liabilities	705	873	1,125
Long-Term Debt:
Revolving credit loans	0		0
Term debt	127,350	127,437	123,347
Notes	0	0	203,256
Total long-term debt	127,350	127,437	326,603
Equity	517,310	587,146	383,667
Total Partners' Equity and Liabilities	978,922	1,096,912	874,174
April 2017 Notes [Member] | Co-Issuer Subsidiary (Cedar Canada) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Current Assets:
Cash and cash equivalents	25,073	85,758	29,590	65,563
Receivables	74,787	15,574	61,894
Inventories	2,493	1,891	1,965
Prepaid expense and other assets	2,459	3,454	3,462
Total current assets	104,812	106,677	96,911
Property and equipment (net)	180,303	181,673	176,952
Investment In Park	234,220	238,132	195,731
Goodwill	62,012	63,551	59,620
Other intangibles, net	13,834	14,177	13,306
Deferred tax asset	0	0	0
Other Assets	39	40	109
Total Assets	595,220	604,250	542,629
Current Liabilities:
Current maturities of long-term debt			100
Accounts payable	1,806	1,379	2,081
Deferred revenue	8,033	6,237	7,373
Accrued interest	7,634	2,055	7,729
Accrued taxes	463	0	0
Accrued salaries, wages and benefits	736	1,242	635
Self-insurance reserves	1,543	1,618	1,484
Other accrued liabilities	268	157	164
Total current liabilities	20,483	12,688	19,566
Deferred Tax Liability	12,664	13,809	13,273
Derivative Liability	0	0	0
Other Liabilities	0	0	0
Long-Term Debt:
Revolving credit loans	0		0
Term debt	0	0	13,576
Notes	445,458	445,156	444,924
Total long-term debt	445,458	445,156	458,500
Equity	116,615	132,597	51,290
Total Partners' Equity and Liabilities	595,220	604,250	542,629
April 2017 Notes [Member] | Co-Issuer Subsidiary (Millennium) [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Current Assets:
Cash and cash equivalents	22,114	80,430	3,979	$ 57,825
Receivables	23,005	26,130	20,455
Inventories	30,661	22,528	29,247
Prepaid expense and other assets	28,669	9,341	21,705
Total current assets	104,449	138,429	75,386
Property and equipment (net)	0	0	0
Investment In Park	1,426,366	1,392,761	1,291,335
Goodwill	8,388	8,387	8,388
Other intangibles, net	0	0	0
Deferred tax asset	0	0	0
Other Assets	399	402	1,240
Total Assets	1,539,602	1,539,979	1,376,349
Current Liabilities:
Current maturities of long-term debt			3,353
Accounts payable	30,271	13,572	30,886
Deferred revenue	89,492	59,307	80,666
Accrued interest	13,127	6,024	1,831
Accrued taxes	7,782	6,176	7,563
Accrued salaries, wages and benefits	0	0	0
Self-insurance reserves	10,475	10,156	10,883
Other accrued liabilities	5,054	5,649	2,717
Total current liabilities	156,201	100,884	137,899
Deferred Tax Liability	0	0	0
Derivative Liability	0	0	0
Other Liabilities	120	120	331
Long-Term Debt:
Revolving credit loans	40,000		85,000
Term debt	596,175	596,351	456,274
Notes	491,799	491,571	0
Total long-term debt	1,127,974	1,087,922	541,274
Equity	255,307	351,053	696,845
Total Partners' Equity and Liabilities	$ 1,539,602	$ 1,539,979	$ 1,376,349

Consolidating Financial Infor45

Consolidating Financial Information of Guarantors and Issuers Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 25, 2018	Mar. 26, 2017	Dec. 31, 2017
Condensed Financial Statements, Captions [Line Items]
Net revenues	$ 54,727	$ 48,318
Costs and expenses:
Cost of food, merchandise, and games revenues	6,003	5,480
Operating expenses	88,828	84,289
Selling, general and administrative	28,682	27,619
Depreciation and amortization	5,521	5,365
Loss on impairment / retirement of fixed assets, net	1,340	1,526
Total costs and expenses	130,374	124,279
Operating loss	(75,647)	(75,961)
Interest expense (income), net	19,536	18,882
Net effect of swaps	(3,628)	301
Loss on early debt extinguishment	1,073	0	$ 23,100
(Gain) loss on foreign currency	10,094	(2,671)
Other (income) expense	(123)	0
(Income) loss from investment in affiliates	0	0
Loss before taxes	(102,599)	(92,473)
Provision for taxes	(19,199)	(27,719)
Net loss	(83,400)	(64,754)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	4,604	(660)
Unrealized gain on cash flow hedging derivatives	2,018	1,994
Other comprehensive income, (net of tax)	6,622	1,334
Total comprehensive loss	(76,778)	(63,420)
June 2014 Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	54,727	48,318
Costs and expenses:
Cost of food, merchandise, and games revenues	6,003	5,480
Operating expenses	88,828	84,289
Selling, general and administrative	28,682	27,619
Depreciation and amortization	5,521	5,365
Loss on impairment / retirement of fixed assets, net	1,340	1,526
Total costs and expenses	130,374	124,279
Operating loss	(75,647)	(75,961)
Interest expense (income), net	19,536	18,882
Net effect of swaps	(3,628)	301
Loss on early debt extinguishment	1,073
(Gain) loss on foreign currency	10,094	(2,671)
Other (income) expense	(123)	0
(Income) loss from investment in affiliates	0	0
Loss before taxes	(102,599)	(92,473)
Provision for taxes	(19,199)	(27,719)
Net loss	(83,400)	(64,754)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	4,604	(660)
Unrealized gain on cash flow hedging derivatives	2,018	1,994
Other comprehensive income, (net of tax)	6,622	1,334
Total comprehensive loss	(76,778)	(63,420)
June 2014 Notes [Member] | Reportable Legal Entities [Member] | Cedar Fair L.P. (Parent) [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	(10,767)	(6,138)
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	0	0
Selling, general and administrative	759	894
Depreciation and amortization	0	0
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	759	894
Operating loss	(11,526)	(7,032)
Interest expense (income), net	4,904	8,169
Net effect of swaps	(2,207)	150
Loss on early debt extinguishment	0
(Gain) loss on foreign currency	0	0
Other (income) expense	59	62
(Income) loss from investment in affiliates	68,528	48,666
Loss before taxes	(82,810)	(64,079)
Provision for taxes	590	675
Net loss	(83,400)	(64,754)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	4,604	(660)
Unrealized gain on cash flow hedging derivatives	2,018	1,994
Other comprehensive income, (net of tax)	6,622	1,334
Total comprehensive loss	(76,778)	(63,420)
June 2014 Notes [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	49,787	45,296
Costs and expenses:
Cost of food, merchandise, and games revenues	6,003	5,480
Operating expenses	25,859	29,295
Selling, general and administrative	12,793	11,484
Depreciation and amortization	5,513	5,355
Loss on impairment / retirement of fixed assets, net	1,300	1,081
Total costs and expenses	51,468	52,695
Operating loss	(1,681)	(7,399)
Interest expense (income), net	4,682	(500)
Net effect of swaps	0	0
Loss on early debt extinguishment	886
(Gain) loss on foreign currency	0	0
Other (income) expense	8,768	14,545
(Income) loss from investment in affiliates	20,585	11,097
Loss before taxes	(36,602)	(32,541)
Provision for taxes	(3,876)	(7,599)
Net loss	(32,726)	(24,942)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	0	0
Unrealized gain on cash flow hedging derivatives	0	0
Other comprehensive income, (net of tax)	0	0
Total comprehensive loss	(32,726)	(24,942)
June 2014 Notes [Member] | Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	14,582	9,098
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	14,582	9,098
Selling, general and administrative	0	0
Depreciation and amortization	0	0
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	14,582	9,098
Operating loss	0	0
Interest expense (income), net	0	0
Net effect of swaps	0	0
Loss on early debt extinguishment	0
(Gain) loss on foreign currency	0	0
Other (income) expense	0	0
(Income) loss from investment in affiliates	(121,841)	(84,711)
Loss before taxes	121,841	84,711
Provision for taxes	0	0
Net loss	121,841	84,711
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	(4,604)	660
Unrealized gain on cash flow hedging derivatives	(630)	(605)
Other comprehensive income, (net of tax)	(5,234)	55
Total comprehensive loss	116,607	84,766
April 2017 Notes [Member] | Reportable Legal Entities [Member] | Cedar Fair L.P. (Parent) [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	(10,767)	(6,138)
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	0	0
Selling, general and administrative	759	894
Depreciation and amortization	0	0
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	759	894
Operating loss	(11,526)	(7,032)
Interest expense (income), net	4,904	8,169
Net effect of swaps	(2,207)	150
Loss on early debt extinguishment	0
(Gain) loss on foreign currency	0	0
Other (income) expense	59	62
(Income) loss from investment in affiliates	68,528	48,666
Loss before taxes	(82,810)	(64,079)
Provision for taxes	590	675
Net loss	(83,400)	(64,754)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	4,604	(660)
Unrealized gain on cash flow hedging derivatives	2,018	1,994
Other comprehensive income, (net of tax)	6,622	1,334
Total comprehensive loss	(76,778)	(63,420)
April 2017 Notes [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	1,706	3,782
Costs and expenses:
Cost of food, merchandise, and games revenues	104	167
Operating expenses	8,889	8,441
Selling, general and administrative	1,150	591
Depreciation and amortization	5,513	5,355
Loss on impairment / retirement of fixed assets, net	649	585
Total costs and expenses	16,305	15,139
Operating loss	(14,599)	(11,357)
Interest expense (income), net	(6,871)	(3,922)
Net effect of swaps	0	0
Loss on early debt extinguishment	0
(Gain) loss on foreign currency	0	0
Other (income) expense	8,768	14,545
(Income) loss from investment in affiliates	20,585	11,097
Loss before taxes	(37,081)	(33,077)
Provision for taxes	(4,355)	(8,135)
Net loss	(32,726)	(24,942)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	0	0
Unrealized gain on cash flow hedging derivatives	0	0
Other comprehensive income, (net of tax)	0	0
Total comprehensive loss	(32,726)	(24,942)
April 2017 Notes [Member] | Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	8,932	3,634
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	8,932	3,634
Selling, general and administrative	0	0
Depreciation and amortization	0	0
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	8,932	3,634
Operating loss	0	0
Interest expense (income), net	0	0
Net effect of swaps	0	0
Loss on early debt extinguishment	0
(Gain) loss on foreign currency	0	0
Other (income) expense	0	0
(Income) loss from investment in affiliates	(121,841)	(84,711)
Loss before taxes	121,841	84,711
Provision for taxes	0	0
Net loss	121,841	84,711
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	(4,604)	660
Unrealized gain on cash flow hedging derivatives	(630)	(605)
Other comprehensive income, (net of tax)	(5,234)	55
Total comprehensive loss	116,607	84,766
Co-Issuer Subsidiary (Magnum) [Member] | June 2014 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	854	(291)
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	42,671	40,592
Selling, general and administrative	14,450	14,495
Depreciation and amortization	8	8
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	57,129	55,095
Operating loss	(56,275)	(55,386)
Interest expense (income), net	4,367	5,308
Net effect of swaps	(1,421)	151
Loss on early debt extinguishment	187
(Gain) loss on foreign currency	(41)	0
Other (income) expense	(9,804)	(15,264)
(Income) loss from investment in affiliates	28,815	20,604
Loss before taxes	(78,378)	(66,185)
Provision for taxes	(9,851)	(17,519)
Net loss	(68,527)	(48,666)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	0	0
Unrealized gain on cash flow hedging derivatives	630	605
Other comprehensive income, (net of tax)	630	605
Total comprehensive loss	(67,897)	(48,061)
Co-Issuer Subsidiary (Magnum) [Member] | April 2017 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	854	(291)
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	42,671	40,592
Selling, general and administrative	14,450	14,495
Depreciation and amortization	8	8
Loss on impairment / retirement of fixed assets, net	0	0
Total costs and expenses	57,129	55,095
Operating loss	(56,275)	(55,386)
Interest expense (income), net	4,367	5,308
Net effect of swaps	(1,421)	151
Loss on early debt extinguishment	187
(Gain) loss on foreign currency	(41)	0
Other (income) expense	(9,804)	(15,264)
(Income) loss from investment in affiliates	28,815	20,604
Loss before taxes	(78,378)	(66,185)
Provision for taxes	(9,851)	(17,519)
Net loss	(68,527)	(48,666)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	0	0
Unrealized gain on cash flow hedging derivatives	630	605
Other comprehensive income, (net of tax)	630	605
Total comprehensive loss	(67,897)	(48,061)
Co-Issuer Subsidiary (Cedar Canada) [Member] | June 2014 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	271	353
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	5,716	5,304
Selling, general and administrative	680	746
Depreciation and amortization	0	2
Loss on impairment / retirement of fixed assets, net	40	445
Total costs and expenses	6,436	6,497
Operating loss	(6,165)	(6,144)
Interest expense (income), net	5,583	5,905
Net effect of swaps	0	0
Loss on early debt extinguishment	0
(Gain) loss on foreign currency	10,135	(2,671)
Other (income) expense	854	657
(Income) loss from investment in affiliates	3,913	4,344
Loss before taxes	(26,650)	(14,379)
Provision for taxes	(6,062)	(3,276)
Net loss	(20,588)	(11,103)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	4,604	(660)
Unrealized gain on cash flow hedging derivatives	0	0
Other comprehensive income, (net of tax)	4,604	(660)
Total comprehensive loss	(15,984)	(11,763)
Co-Issuer Subsidiary (Cedar Canada) [Member] | April 2017 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	271	353
Costs and expenses:
Cost of food, merchandise, and games revenues	0	0
Operating expenses	5,716	5,304
Selling, general and administrative	680	746
Depreciation and amortization	0	2
Loss on impairment / retirement of fixed assets, net	40	445
Total costs and expenses	6,436	6,497
Operating loss	(6,165)	(6,144)
Interest expense (income), net	5,583	5,905
Net effect of swaps	0	0
Loss on early debt extinguishment	0
(Gain) loss on foreign currency	10,135	(2,671)
Other (income) expense	854	657
(Income) loss from investment in affiliates	3,913	4,344
Loss before taxes	(26,650)	(14,379)
Provision for taxes	(6,062)	(3,276)
Net loss	(20,588)	(11,103)
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	4,604	(660)
Unrealized gain on cash flow hedging derivatives	0	0
Other comprehensive income, (net of tax)	4,604	(660)
Total comprehensive loss	(15,984)	(11,763)
Co-Issuer Subsidiary (Millennium) [Member] | April 2017 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	53,731	46,978
Costs and expenses:
Cost of food, merchandise, and games revenues	5,899	5,313
Operating expenses	22,620	26,318
Selling, general and administrative	11,643	10,893
Depreciation and amortization	0	0
Loss on impairment / retirement of fixed assets, net	651	496
Total costs and expenses	40,813	43,020
Operating loss	12,918	3,958
Interest expense (income), net	11,553	3,422
Net effect of swaps	0	0
Loss on early debt extinguishment	886
(Gain) loss on foreign currency	0	0
Other (income) expense	0	0
(Income) loss from investment in affiliates	0	0
Loss before taxes	479	536
Provision for taxes	479	536
Net loss	0	0
Other comprehensive income, (net of tax):
Foreign currency translation adjustment	0	0
Unrealized gain on cash flow hedging derivatives	0	0
Other comprehensive income, (net of tax)	0	0
Total comprehensive loss	$ 0	$ 0

Consolidating Financial Infor46

Consolidating Financial Information of Guarantors and Issuers Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 25, 2018	Mar. 26, 2017
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	$ (55,218)	$ (73,984)
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	0	0
Capital expenditures	(44,792)	(48,465)
Net cash for investing activities	(44,792)	(48,465)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Net borrowings on revolving credit loans	40,000	85,000
Distributions paid to partners	(50,266)	(48,135)
Payment of debt issuance costs and original issue discount	(1,840)	0
Exercise of limited partnership unit options	125	0
Tax effect of units involved in treasury unit transactions	(3,039)	(1,369)
Payments related to tax withholding for equity compensation	(6,919)	(1,904)
Net cash from (for) financing activities	(21,939)	33,592
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(1,408)	383
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(123,357)	(88,474)
Balance, beginning of period	166,245	122,716
Balance, end of period	42,888	34,242
April 2017 Notes [Member] | Reportable Legal Entities [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	16,999	23,702
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	0	0
Capital expenditures	0	0
Net cash for investing activities	0	0
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	33,622	24,949
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	(50,621)	(48,651)
Payment of debt issuance costs and original issue discount	0
Exercise of limited partnership unit options	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	(16,999)	(23,702)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	0	0
Balance, beginning of period	0	0
Balance, end of period	0	0
April 2017 Notes [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	(56,267)	(21,656)
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	64,688	28,274
Capital expenditures	(9,573)	(6,298)
Net cash for investing activities	55,115	21,976
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	0	0
Payment of debt issuance costs and original issue discount	0
Exercise of limited partnership unit options	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	0	0
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(1,152)	320
Balance, beginning of period	1,152	353
Balance, end of period	0	673
April 2017 Notes [Member] | Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	(3,559)	509
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	(14,688)	(28,274)
Capital expenditures	0	0
Net cash for investing activities	(14,688)	(28,274)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	14,688	28,274
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	355	516
Payment of debt issuance costs and original issue discount	0
Exercise of limited partnership unit options	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	15,043	28,790
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(3,204)	1,025
Balance, beginning of period	(1,095)	(1,025)
Balance, end of period	(4,299)	0
June 2014 Notes [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	(55,218)	(73,984)
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	0	0
Capital expenditures	(44,792)	(48,465)
Net cash for investing activities	(44,792)	(48,465)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Net borrowings on revolving credit loans	40,000	85,000
Distributions paid to partners	(50,266)	(48,135)
Payment of debt issuance costs and original issue discount	(1,840)
Exercise of limited partnership unit options	125
Tax effect of units involved in treasury unit transactions	(3,039)	(1,369)
Payments related to tax withholding for equity compensation	(6,919)	(1,904)
Net cash from (for) financing activities	(21,939)	33,592
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(1,408)	383
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(123,357)	(88,474)
Balance, beginning of period	166,245	122,716
Balance, end of period	42,888	34,242
June 2014 Notes [Member] | Reportable Legal Entities [Member] | Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	16,999	23,702
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	0	0
Capital expenditures	0	0
Net cash for investing activities	0	0
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	33,622	24,949
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	(50,621)	(48,651)
Payment of debt issuance costs and original issue discount	0
Exercise of limited partnership unit options	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	(16,999)	(23,702)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	0	0
Balance, beginning of period	0	0
Balance, end of period	0	0
June 2014 Notes [Member] | Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	(120,584)	(119,483)
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	64,688	28,274
Capital expenditures	(42,053)	(47,317)
Net cash for investing activities	22,635	(19,043)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Net borrowings on revolving credit loans	40,000	85,000
Distributions paid to partners	0	0
Payment of debt issuance costs and original issue discount	(1,519)
Exercise of limited partnership unit options	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	38,481	85,000
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(59,468)	(53,526)
Balance, beginning of period	81,582	58,178
Balance, end of period	22,114	4,652
June 2014 Notes [Member] | Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	(3,559)	509
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	(14,688)	(28,274)
Capital expenditures	0	0
Net cash for investing activities	(14,688)	(28,274)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	14,688	28,274
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	355	516
Payment of debt issuance costs and original issue discount	0
Exercise of limited partnership unit options	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	15,043	28,790
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(3,204)	1,025
Balance, beginning of period	(1,095)	(1,025)
Balance, end of period	(4,299)	0
Co-Issuer Subsidiary (Magnum) [Member] | April 2017 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	58,464	56,496
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	0	0
Capital expenditures	0	0
Net cash for investing activities	0	0
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	(48,310)	(53,223)
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	0	0
Payment of debt issuance costs and original issue discount	(321)
Exercise of limited partnership unit options	125
Tax effect of units involved in treasury unit transactions	(3,039)	(1,369)
Payments related to tax withholding for equity compensation	(6,919)	(1,904)
Net cash from (for) financing activities	(58,464)	(56,496)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	0	0
Balance, beginning of period	0	0
Balance, end of period	0	0
Co-Issuer Subsidiary (Magnum) [Member] | June 2014 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	58,464	56,496
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	0	0
Capital expenditures	0	0
Net cash for investing activities	0	0
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	(48,310)	(53,223)
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	0	0
Payment of debt issuance costs and original issue discount	(321)
Exercise of limited partnership unit options	125
Tax effect of units involved in treasury unit transactions	(3,039)	(1,369)
Payments related to tax withholding for equity compensation	(6,919)	(1,904)
Net cash from (for) financing activities	(58,464)	(56,496)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	0	0
Balance, beginning of period	0	0
Balance, end of period	0	0
Co-Issuer Subsidiary (Cedar Canada) [Member] | April 2017 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	(6,538)	(35,208)
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	(50,000)	0
Capital expenditures	(2,739)	(1,148)
Net cash for investing activities	(52,739)	(1,148)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	0	0
Payment of debt issuance costs and original issue discount	0
Exercise of limited partnership unit options	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	0	0
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(1,408)	383
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(60,685)	(35,973)
Balance, beginning of period	85,758	65,563
Balance, end of period	25,073	29,590
Co-Issuer Subsidiary (Cedar Canada) [Member] | June 2014 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	(6,538)	(35,208)
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	(50,000)	0
Capital expenditures	(2,739)	(1,148)
Net cash for investing activities	(52,739)	(1,148)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Net borrowings on revolving credit loans	0	0
Distributions paid to partners	0	0
Payment of debt issuance costs and original issue discount	0
Exercise of limited partnership unit options	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	0	0
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(1,408)	383
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(60,685)	(35,973)
Balance, beginning of period	85,758	65,563
Balance, end of period	25,073	29,590
Co-Issuer Subsidiary (Millennium) [Member] | April 2017 Notes [Member] | Reportable Legal Entities [Member] | Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
NET CASH (FOR) FROM OPERATING ACTIVITIES	(64,317)	(97,827)
CASH FLOWS FOR INVESTING ACTIVITIES
Proceeds from (payments to) intercompany receivables for investing activities	0	0
Capital expenditures	(32,480)	(41,019)
Net cash for investing activities	(32,480)	(41,019)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	0	0
Net borrowings on revolving credit loans	40,000	85,000
Distributions paid to partners	0	0
Payment of debt issuance costs and original issue discount	(1,519)
Exercise of limited partnership unit options	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	38,481	85,000
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the year	(58,316)	(53,846)
Balance, beginning of period	80,430	57,825
Balance, end of period	$ 22,114	$ 3,979