XML 44 R30.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 29, 2016
Income Taxes [Abstract] |
Schedule of Deferred Tax Assets and Liabilities | The components of the net deferred tax liability are as follows:
|  | December 29, 2016 |  | December 31, 2015 |
|  | (in thousands) |
Accrued employee benefits |  | $ | 17,682 |  | $ | 17,218 |
Depreciation and amortization |  |  | (67,897) |  |  | (63,906) |
Other |  |  | 3,782 |  |  | 3,283 |
Net deferred tax liability |  | $ | (46,433) |  | $ | (43,405) |
Schedule of Components of Income Tax Expense (Benefit) | Income tax expense consists of the following:
|  | Year Ended |  | 31 Weeks Ended |  | Year Ended |
|  | December 29, 2016 |  | December 31, 2015 |  | May 28, 2015 |  | May 29, 2014 |
|  | (in thousands) |
Current: |  |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 15,434 |  | $ | 12,688 |  | $ | 8,065 |  | $ | 14,788 |
State |  |  | 4,667 |  |  | 3,240 |  |  | 2,120 |  |  | 2,654 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 3,402 |  |  | (829) |  |  | 4,328 |  |  | (861) |
State |  |  | (509) |  |  | (314) |  |  | 1,165 |  |  | 229 |
|  | $ | 22,994 |  | $ | 14,785 |  | $ | 15,678 |  | $ | 16,810 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the statutory federal tax rate to the effective tax rate on earnings attributable to The Marcus Corporation follows:
|  | Year Ended |  | 31 Weeks Ended |  | Year Ended |
|  | December 29, 2016 |  | December 31, 2015 |  | May 28, 2015 |  | May 29, 2014 |
Statutory federal tax rate |  |  | 35.0 | % |  | 35.0 | % |  | 35.0 | % |  | 35.0 | %
State income taxes, net of federal income tax benefit |  |  | 4.8 |  |  | 5.1 |  |  | 5.3 |  |  | 4.5 |
Tax credits, net of federal income tax benefit |  |  | (0.9) |  |  | (1.0) |  |  | (1.1) |  |  | (0.2) |
Unrecognized tax benefits and related interest |  |  | – |  |  | – |  |  | – |  |  | - |
Other |  |  | (1.1) |  |  | (0.5) |  |  | 0.3 |  |  | 0.9 |
|  |  | 37.8 | % |  | 38.6 | % |  | 39.5 | % |  | 40.2 | %
Schedule of Unrecognized Tax Benefits Roll Forward | A reconciliation of the beginning and ending gross amounts of unrecognized tax benefit are as follows:
|  | Year Ended |  | 31 Weeks Ended |  | Year Ended |
|  | December 29, 2016 |  | December 31, 2015 |  | May 28, 2015 |  | May 29, 2014 |
|  | (in thousands) |
Balance at beginning of year |  | $ | 414 |  | $ | 431 |  | $ | 102 |  | $ | 102 |
Increases due to: |  |  |  |  |  |  |  |  |  |  |  |  |
Tax positions taken in prior years |  |  | - |  |  | - |  |  | 543 |  |  | - |
Tax positions taken in current year |  |  | - |  |  | - |  |  | - |  |  | - |
Decreases due to: |  |  |  |  |  |  |  |  |  |  |  |  |
Tax positions taken in prior years |  |  | - |  |  | - |  |  | - |  |  | - |
Settlements with taxing authorities |  |  | - |  |  | (17) |  |  | (214) |  |  | - |
Lapse of applicable statute of limitations |  |  | - |  |  | - |  |  | - |  |  | - |
Balance at end of year |  | $ | 414 |  | $ | 414 |  | $ | 431 |  | $ | 102 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=75116239&loc=d3e36027-109320 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=65882285&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration