XML 28 R16.htm IDEA: XBRL DOCUMENT
v3.20.2

General (Policies) | 9 Months Ended
--- | ---
Sep. 24, 2020
General |
Basis of Presentation | Basis of Presentation - The unaudited consolidated financial statements for the 13 and 39 weeks ended September 24, 2020 and September 26, 2019 have been prepared by the Company. In the opinion of management, all adjustments, consisting of normal recurring adjustments necessary to present fairly the unaudited interim financial information at September 24, 2020, and for all periods presented, have been made. The results of operations during the interim periods are not necessarily indicative of the results of operations for the entire year or other interim periods. However, the unaudited consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 26, 2019.
Accounting Policies | Accounting Policies - Refer to the Company’s audited consolidated financial statements (including footnotes) for the fiscal year ended December 26, 2019, contained in the Company’s Annual Report on Form 10-K for such year, for a description of the Company’s accounting policies.
Depreciation and Amortization | Depreciation and Amortization - Depreciation and amortization of property and equipment are provided using the straight-line method over the shorter of the estimated useful lives of the assets or any related lease terms. Depreciation expense totaled $18,698,000 and $56,584,000 for the 13 and 39 weeks ended September 24, 2020, respectively, and $19,194,000 and $53,433,000 for the 13 and 39 weeks ended September 26, 2019, respectively.
Assets Held for Sale | Assets Held for Sale – Long-lived assets that are expected to be sold within the next 12 months and meet the other relevant held-for-sale criteria are classified as assets held for sale and included within current assets on the consolidated balance sheet. Assets held for sale are measured at the lower of their carrying value or their fair value less costs to sell the asset. As of September 24, 2020, assets held for sale consists primarily of excess land.
Long-Lived Assets | Long-Lived Assets – The Company periodically considers whether indicators of impairment of long-lived assets held for use are present. This includes quantitative and qualitative factors, including evaluating the historical actual operating performance of the long-lived assets and assessing the potential impact of recent events and transactions impacting the long-lived assets. If such indicators are present, the Company determines if the long-lived assets are recoverable by assessing whether the sum of the estimated undiscounted future cash flows attributable to such assets is less than their carrying amounts. If the long-lived assets are not recoverable, the Company recognizes any impairment losses based on the excess of the carrying amount of the assets over their fair value. During the first quarter of fiscal 2020 and the third quarter of fiscal 2020, the Company determined that indicators of impairment were present. As such, the Company evaluated the value of its property and equipment and the value of its operating lease right-of-use assets and recorded impairment charges as discussed in Note 3.
Goodwill | Goodwill – The Company reviews goodwill for impairment annually or more frequently if certain indicators arise. The Company performs its annual impairment test on the last day of its fiscal year. Goodwill is tested for impairment at a reporting unit level, determined to be at an operating segment level. When reviewing goodwill for impairment, the Company considers the amount of excess fair value over the carrying value of the reporting unit, the period of time since its last quantitative test, and other factors to determine whether or not to first perform a qualitative test. When performing a qualitative test, the Company assesses numerous factors to determine whether it is more likely than not that the fair value of its reporting unit is less than its carrying value. Examples of qualitative factors that the Company assesses include its share price, its financial performance, market and competitive factors in its industry, and other events specific to the reporting unit. If the Company concludes that it is more likely than not that the fair value of its reporting unit is less than it carrying value, the Company performs a quantitative impairment test by comparing the carrying value of the reporting unit to the estimated fair value. During the first quarter of fiscal 2020 and the third quarter of fiscal 2020, the Company determined that indicators of impairment were present and performed quantitative tests as of the quarter-end dates. In order to determine fair value, the Company used assumptions based on information available to it as of March 26, 2020 (the last day of the Company’s first quarter) and September 24, 2020 (the last day of the Company’s third quarter), including both market data and forecasted future cash flows. The Company then used this information to determine fair value. The Company determined that the fair value of the Company's goodwill was greater than its carrying value and thus was not impaired as of March 26, 2020 or September 24, 2020.
Trade Name Intangible Asset | Trade Name Intangible Asset – The Company recorded a trade name intangible asset in conjunction with the Movie Tavern acquisition (See Note 4) that was determined to have an indefinite life. The Company reviews its trade name intangible asset for impairment at least annually or whenever events or changes in circumstances indicate the carrying value may not be fully recoverable. During the first quarter of fiscal 2020 and the third quarter of fiscal 2020, the Company determined that indicators of impairment were present. As such, the Company evaluated the value of its trade name intangible asset and recorded an impairment charge during the first quarter of fiscal 2020 as discussed in Note 3.
Earnings (Loss) Per Share | Earnings (Loss) Per Share - Net earnings (loss) per share (EPS) of Common Stock and Class B Common Stock is computed using the two class method. Basic net earnings (loss) per share is computed by dividing net earnings (loss) by the weighted-average number of common shares outstanding. Diluted net earnings (loss) per share is computed by dividing net earnings (loss) by the weighted-average number of common shares outstanding, adjusted for the effect of dilutive stock options and convertible debt instruments using the treasury method. Convertible Class B Common Stock is reflected on an if-converted basis when dilutive to Common Stock. The computation of the diluted net earnings (loss) per share of Common Stock assumes the conversion of Class B Common Stock in periods that have net earnings since it would be dilutive to Common Stock earnings per share, while the diluted net earnings (loss) per share of Class B Common Stock does not assume the conversion of those shares. Holders of Common Stock are entitled to cash dividends per share equal to 110% of all dividends declared and paid on each share of Class B Common Stock. As such, the undistributed earnings (losses) for each period are allocated based on the proportionate share of entitled cash dividends. The following table illustrates the computation of Common Stock and Class B Common Stock basic and diluted net earnings (loss) per share for net earnings (loss) and provides a reconciliation of the number of weighted-average basic and diluted shares outstanding: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 13 Weeks | ​ | 13 Weeks | ​ | 39 Weeks | ​ | 39 Weeks | ​
​ | ​ | Ended | ​ | Ended | ​ | Ended | ​ | Ended | ​
​ |  | September 24, 2020 |  | September 26, 2019 |  | September 24, 2020 |  | September 26, 2019 |
​ | ​ | (in thousands, except per share data) | ​
Numerator: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Net earnings (loss) attributable to The Marcus Corporation | ​ | $ | (39,440) | ​ | $ | 14,289 | ​ | $ | (85,821) | ​ | $ | 34,215 | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic EPS | ​ |  | 31,064 | ​ |  | 30,918 | ​ |  | 31,033 | ​ |  | 30,566 | ​
Effect of dilutive employee stock options | ​ |  | — | ​ |  | 443 | ​ |  | — | ​ |  | 518 | ​
Denominator for diluted EPS | ​ |  | 31,064 | ​ |  | 31,361 | ​ |  | 31,033 | ​ |  | 31,084 | ​
Net earnings (loss) per share – basic: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Common Stock | ​ | $ | (1.30) | ​ | $ | 0.47 | ​ | $ | (2.84) | ​ | $ | 1.18 | ​
Class B Common Stock | ​ | $ | (1.18) | ​ | $ | 0.43 | ​ | $ | (2.57) | ​ | $ | 1.02 | ​
Net earnings (loss) per share- diluted: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Common Stock | ​ | $ | (1.30) | ​ | $ | 0.46 | ​ | $ | (2.84) | ​ | $ | 1.10 | ​
Class B Common Stock | ​ | $ | (1.18) | ​ | $ | 0.43 | ​ | $ | (2.57) | ​ | $ | 1.01 | ​
​ For the periods when the Company reports a net loss, common stock equivalents are excluded from the computation of diluted loss per share as their inclusion would have an antidilutive effect. It is the Company’s intent to settle the principal amount of its convertible senior notes in cash and settle the conversion spread of its convertible senior notes in the Company’s shares. As such, the Company uses the treasury method to calculate diluted earnings per share, unless the effect would be antidilutive. ​
Shareholders' Equity | Shareholders’ Equity - Activity impacting total shareholders’ equity attributable to The Marcus Corporation and noncontrolling interests for the 13 and 39 weeks ended September 24, 2020 and September 26, 2019 was as follows (in thousands, except per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | Shareholders’ |  | ​ | ​ |  | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Equity | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Accumulated | ​ | ​ | ​ | ​ | Attributable | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Class B | ​ | Capital | ​ | ​ | ​ | ​ | Other | ​ | ​ | ​ | ​ | to The | ​ | Non- | ​ | ​ | ​
​ | ​ | Common | ​ | Common | ​ | in Excess | ​ | Retained | ​ | Comprehensive | ​ | Treasury | ​ | Marcus | ​ | controlling | ​ | Total
​ | ​ | Stock | ​ | Stock | ​ | of Par | ​ | Earnings | ​ | Loss | ​ | Stock | ​ | Corporation | ​ | Interests | ​ | Equity
BALANCES AT DECEMBER 26, 2019 | ​ | $ | 23,254 | ​ | $ | 7,936 | ​ | $ | 145,549 | ​ | $ | 461,884 | ​ | $ | (12,648) | ​ | $ | (4,540) | ​ | $ | 621,435 | ​ | $ | 23 | ​ | $ | 621,458
Cash Dividends: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
$.15 Class B Common Stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (1,224) | ​ |  | — | ​ |  | — | ​ |  | (1,224) | ​ |  | — | ​ |  | (1,224)
$.16 Common Stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (3,921) | ​ |  | — | ​ |  | — | ​ |  | (3,921) | ​ |  | — | ​ |  | (3,921)
Exercise of stock options | ​ |  | — | ​ |  | — | ​ |  | 5 | ​ |  | — | ​ |  | — | ​ |  | 40 | ​ |  | 45 | ​ |  | — | ​ |  | 45
Purchase of treasury stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (274) | ​ |  | (274) | ​ |  | — | ​ |  | (274)
Savings and profit-sharing contribution | ​ |  | — | ​ |  | — | ​ |  | 299 | ​ |  | — | ​ |  | — | ​ |  | 1,016 | ​ |  | 1,315 | ​ |  | — | ​ |  | 1,315
Reissuance of treasury stock | ​ |  | — | ​ |  | — | ​ |  | 2 | ​ |  | — | ​ |  | — | ​ |  | 46 | ​ |  | 48 | ​ |  | — | ​ |  | 48
Issuance of non-vested stock | ​ |  | — | ​ |  | — | ​ |  | (149) | ​ |  | — | ​ |  | — | ​ |  | 149 | ​ |  | — | ​ |  | — | ​ |  | —
Shared-based compensation | ​ |  | — | ​ |  | — | ​ |  | 988 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 988 | ​ |  | — | ​ |  | 988
Conversions of Class B Common Stock | ​ |  | 10 | ​ |  | (10) | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Comprehensive income (loss) | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (19,352) | ​ |  | (547) | ​ |  | — | ​ |  | (19,899) | ​ |  | (148) | ​ |  | (20,047)
BALANCES AT MARCH 26, 2020 | ​ | $ | 23,264 | ​ | $ | 7,926 | ​ | $ | 146,694 | ​ | $ | 437,387 | ​ | $ | (13,195) | ​ | $ | (3,563) | ​ | $ | 598,513 | ​ | $ | (125) | ​ | $ | 598,388
Exercise of stock options | ​ |  | — | ​ |  | — | ​ |  | (4) | ​ |  | — | ​ |  | — | ​ |  | 15 | ​ |  | 11 | ​ |  | — | ​ |  | 11
Reissuance of treasury stock | ​ |  | — | ​ |  | — | ​ |  | (17) | ​ |  | — | ​ |  | — | ​ |  | 112 | ​ |  | 95 | ​ |  | — | ​ |  | 95
Issuance of non-vested stock | ​ |  | — | ​ |  | — | ​ |  | (172) | ​ |  | — | ​ |  | — | ​ |  | 172 | ​ |  | — | ​ |  | — | ​ |  | —
Shared-based compensation | ​ |  | — | ​ |  | — | ​ |  | 1,190 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 1,190 | ​ |  | — | ​ |  | 1,190
Other | ​ |  | — | ​ |  | — | ​ |  | (1) | ​ |  | 1 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Comprehensive income (loss) | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (27,029) | ​ |  | 200 | ​ |  | — | ​ |  | (26,829) | ​ |  | 125 | ​ |  | (26,704)
BALANCES AT JUNE 25, 2020 | ​ | $ | 23,264 | ​ | $ | 7,926 | ​ | $ | 147,690 | ​ | $ | 410,359 | ​ | $ | (12,995) | ​ | $ | (3,264) | ​ | $ | 572,980 | ​ | $ | — | ​ | $ | 572,980
Exercise of stock options | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (68) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 391 | ​ | ​ | 323 | ​ | ​ | — | ​ | ​ | 323
Purchase of treasury stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (422) | ​ | ​ | (422) | ​ | ​ | — | ​ | ​ | (422)
Reissuance of treasury stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 12 | ​ | ​ | 11 | ​ | ​ | — | ​ | ​ | 11
Issuance of non-vested stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (158) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 158 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Shared-based compensation | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,108 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,108 | ​ | ​ | — | ​ | ​ | 1,108
Equity component of issuance of convertible notes, net of tax and issuance costs | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 16,522 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 16,522 | ​ | ​ | — | ​ | ​ | 16,522
Capped call transactions, net of tax | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (12,495) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (12,495) | ​ | ​ | — | ​ | ​ | (12,495)
Comprehensive income (loss) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (39,440) | ​ | ​ | 381 | ​ | ​ | — | ​ | ​ | (39,059) | ​ | ​ | — | ​ | ​ | (39,059)
BALANCES AT SEPTEMBER 24, 2020 | ​ | $ | 23,264 | ​ | $ | 7,926 | ​ | $ | 152,598 | ​ | $ | 370,919 | ​ | $ | (12,614) | ​ | $ | (3,125) | ​ | $ | 538,968 | ​ | $ | — | ​ | $ | 538,968
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | Shareholders’ |  | ​ | ​ |  | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Equity | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Accumulated | ​ | ​ | ​ | ​ | Attributable | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Class B | ​ | Capital | ​ | ​ | ​ | ​ | Other | ​ | ​ | ​ | ​ | to The | ​ | Non- | ​ | ​ | ​
​ | ​ | Common | ​ | Common | ​ | in Excess | ​ | Retained | ​ | Comprehensive | ​ | Treasury | ​ | Marcus | ​ | controlling | ​ | Total
​ | ​ | Stock | ​ | Stock | ​ | of Par | ​ | Earnings | ​ | Loss | ​ | Stock | ​ | Corporation | ​ | Interests | ​ | Equity
BALANCES AT DECEMBER 27, 2018 | ​ | $ | 22,843 | ​ | $ | 8,347 | ​ | $ | 63,830 | ​ | $ | 439,178 | ​ | $ | (6,758) | ​ | $ | (37,431) | ​ | $ | 490,009 | ​ | $ | 110 | ​ | $ | 490,119
Cash Dividends: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
$.15 Class B Common Stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (1,183) | ​ |  | — | ​ |  | — | ​ |  | (1,183) | ​ |  | — | ​ |  | (1,183)
$.16 Common Stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (3,633) | ​ |  | — | ​ |  | — | ​ |  | (3,633) | ​ |  | — | ​ |  | (3,633)
Exercise of stock options | ​ |  | — | ​ |  | — | ​ |  | (78) | ​ |  | — | ​ |  | — | ​ |  | 532 | ​ |  | 454 | ​ |  | — | ​ |  | 454
Purchase of treasury stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (428) | ​ |  | (428) | ​ |  | — | ​ |  | (428)
Savings and profit-sharing contribution | ​ |  | — | ​ |  | — | ​ |  | 810 | ​ |  | — | ​ |  | — | ​ |  | 371 | ​ |  | 1,181 | ​ |  | — | ​ |  | 1,181
Reissuance of treasury stock | ​ |  | — | ​ |  | — | ​ |  | 31 | ​ |  | — | ​ |  | — | ​ |  | 16 | ​ |  | 47 | ​ |  | — | ​ |  | 47
Issuance of non-vested stock | ​ |  | — | ​ |  | — | ​ |  | (127) | ​ |  | — | ​ |  | — | ​ |  | 127 | ​ |  | — | ​ |  | — | ​ |  | —
Shared-based compensation | ​ |  | — | ​ |  | — | ​ |  | 777 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 777 | ​ |  | — | ​ |  | 777
Reissuance of treasury stock-acquisition | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 77,960 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 31,237 | ​ | ​ | 109,197 | ​ | ​ | — | ​ | ​ | 109,197
Other | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (109) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (109) | ​ | ​ | — | ​ | ​ | (109)
Conversions of Class B Common Stock | ​ |  | 411 | ​ |  | (411) | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Distributions to noncontrolling interest | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (60) | ​ |  | (60)
Comprehensive income (loss) | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 1,860 | ​ |  | (297) | ​ |  | — | ​ |  | 1,563 | ​ |  | (66) | ​ |  | 1,497
BALANCES AT MARCH 28, 2019 | ​ | $ | 23,254 | ​ | $ | 7,936 | ​ | $ | 143,094 | ​ | $ | 436,222 | ​ | $ | (7,055) | ​ | $ | (5,576) | ​ | $ | 597,875 | ​ | $ | (16) | ​ | $ | 597,859
Cash Dividends: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
$.15 Class B Common Stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (1,155) | ​ |  | — | ​ |  | — | ​ |  | (1,155) | ​ |  | — | ​ |  | (1,155)
$.16 Common Stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (3,675) | ​ |  | — | ​ |  | — | ​ |  | (3,675) | ​ |  | — | ​ |  | (3,675)
Exercise of stock options | ​ |  | — | ​ |  | — | ​ |  | (27) | ​ |  | — | ​ |  | — | ​ |  | 477 | ​ |  | 450 | ​ |  | — | ​ |  | 450
Purchase of treasury stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | (213) | ​ |  | (213) | ​ |  | — | ​ |  | (213)
Reissuance of treasury stock | ​ |  | — | ​ |  | — | ​ |  | 182 | ​ |  | — | ​ |  | — | ​ |  | 96 | ​ |  | 278 | ​ |  | — | ​ |  | 278
Issuance of non-vested stock | ​ |  | — | ​ |  | — | ​ |  | (142) | ​ |  | — | ​ |  | — | ​ |  | 142 | ​ |  | — | ​ |  | — | ​ |  | —
Shared-based compensation | ​ |  | — | ​ |  | — | ​ |  | 949 | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 949 | ​ |  | — | ​ |  | 949
Conversions of Class B Common Stock | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Distributions to noncontrolling interest | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (35) | ​ | ​ | (35)
Comprehensive income (loss) | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 18,066 | ​ |  | (353) | ​ |  | — | ​ |  | 17,713 | ​ |  | 171 | ​ |  | 17,884
BALANCES AT JUNE 27, 2019 | ​ | $ | 23,254 | ​ | $ | 7,936 | ​ | $ | 144,056 | ​ | $ | 449,458 | ​ | $ | (7,408) | ​ | $ | (5,074) | ​ | $ | 612,222 | ​ | $ | 120 | ​ | $ | 612,342
$.15 Class B Common Stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,155) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,155) | ​ | ​ | — | ​ | ​ | (1,155)
$.16 Common Stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3,677) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3,677) | ​ | ​ | — | ​ | ​ | (3,677)
Exercise of stock options | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (134) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 574 | ​ | ​ | 440 | ​ | ​ | — | ​ | ​ | 440
Purchase of treasury stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (478) | ​ | ​ | (478) | ​ | ​ | — | ​ | ​ | (478)
Reissuance of treasury stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 28 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 19 | ​ | ​ | 47 | ​ | ​ | — | ​ | ​ | 47
Issuance of non-vested stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (131) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 131 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Shared-based compensation | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 868 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 868 | ​ | ​ | — | ​ | ​ | 868
Conversions of Class B Common Stock | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Distributions to noncontrolling interest | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (90) | ​ | ​ | (90)
Comprehensive income (loss) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 14,289 | ​ | ​ | (27) | ​ | ​ | — | ​ | ​ | 14,262 | ​ | ​ | (59) | ​ | ​ | 14,203
BALANCES AT SEPTEMBER 26, 2019 | ​ | $ | 23,254 | ​ | $ | 7,936 | ​ | $ | 144,687 | ​ | $ | 458,915 | ​ | $ | (7,435) | ​ | $ | (4,828) | ​ | $ | 622,529 | ​ | $ | (29) | ​ | $ | 622,500
Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive Loss – Accumulated other comprehensive loss presented in the accompanying consolidated balance sheets consists of the following, all presented net of tax: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 24, |  | December 26,
​ | ​ | 2020 | ​ | 2019
​ | ​ | (in thousands)
Unrecognized loss on interest rate swap agreements | ​ | $ | (1,397) | ​ | $ | (882)
Net unrecognized actuarial loss for pension obligation | ​ |  | (11,217) | ​ |  | (11,766)
​ | ​ | $ | (12,614) | ​ | $ | (12,648)
Fair Value Measurements | Fair Value Measurements - Certain financial assets and liabilities are recorded at fair value in the consolidated financial statements. Some are measured on a recurring basis while others are measured on a non-recurring basis. Financial assets and liabilities measured on a recurring basis are those that are adjusted to fair value each time a financial statement is prepared. Financial assets and liabilities measured on a non-recurring basis are those that are adjusted to fair value when a significant event occurs. A fair value measurement assumes that a transaction to sell an asset or transfer a liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The Company’s assets and liabilities measured at fair value are classified in one of the following categories: Level 1 - Assets or liabilities for which fair value is based on quoted prices in active markets for identical instruments as of the reporting date. At September 24, 2020 and December 26, 2019, respectively, the Company’s $1,059,000 and $5,825,000 of debt and equity securities classified as trading were valued using Level 1 pricing inputs and were included in other current assets. Level 2 - Assets or liabilities for which fair value is based on pricing inputs that were either directly or indirectly observable as of the reporting date. At September 24, 2020 and December 26, 2019, respectively, the Company’s $1,890,000 and $1,194,000 liability related to the Company’s interest rate swap contracts was valued using Level 2 pricing inputs. Level 3 - Assets or liabilities for which fair value is based on valuation models with significant unobservable pricing inputs and which result in the use of management estimates. At September 24, 2020 and December 26, 2019, none of the Company’s recorded assets or liabilities that are measured on a recurring basis at fair market value were valued using Level 3 pricing inputs. Assets and liabilities that are measured on a non-recurring basis are discussed in Note 3, Note 4 and Note 5.
Defined Benefit Plan | Defined Benefit Plan - The components of the net periodic pension cost of the Company’s unfunded nonqualified, defined-benefit plan are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 13 Weeks | ​ | 13 Weeks | ​ | 39 Weeks | ​ | 39 Weeks | ​
​ | ​ | Ended | ​ | Ended | ​ | Ended | ​ | Ended | ​
​ |  | September 24, 2020 |  | September 26, 2019 |  | September 24, 2020 |  | September 26, 2019 |
​ | ​ | (in thousands) | ​
Service cost | ​ | $ | 274 | ​ | $ | 207 | ​ | $ | 821 | ​ | $ | 625 | ​
Interest cost | ​ |  | 342 | ​ |  | 372 | ​ |  | 1,028 | ​ |  | 1,114 | ​
Net amortization of prior service cost and actuarial loss | ​ |  | 248 | ​ |  | 109 | ​ |  | 743 | ​ |  | 327 | ​
Net periodic pension cost | ​ | $ | 864 | ​ | $ | 688 | ​ | $ | 2,592 | ​ | $ | 2,066 | ​
​ Service cost is included in Administrative expense while all other components are recorded within Other expense outside of operating income in the consolidated statements of earnings.
Revenue Recognition | Revenue Recognition – The disaggregation of revenues by business segment for the 13 and 39 weeks ended September 24, 2020 is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 13 Weeks Ended September 24, 2020
​ |  | Reportable Segment | ​ | ​ | ​
​ | ​ | Theatres |  | Hotels/Resorts |  | Corporate |  | Total
Theatre admissions | ​ | $ | 3,118 | ​ | $ | — | ​ | $ | — | ​ | $ | 3,118
Rooms | ​ |  | — | ​ |  | 9,772 | ​ |  | — | ​ |  | 9,772
Theatre concessions | ​ |  | 3,243 | ​ |  | — | ​ |  | — | ​ |  | 3,243
Food and beverage | ​ |  | — | ​ |  | 5,420 | ​ |  | — | ​ |  | 5,420
Other revenues(1) | ​ |  | 934 | ​ |  | 7,820 | ​ |  | 59 | ​ |  | 8,813
Cost reimbursements | ​ |  | 59 | ​ |  | 3,166 | ​ |  | — | ​ |  | 3,225
Total revenues | ​ | $ | 7,354 | ​ | $ | 26,178 | ​ | $ | 59 | ​ | $ | 33,591
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 39 Weeks Ended September 24, 2020
​ | ​ | Reportable Segment | ​ | ​ | ​
​ |  | Theatres |  | Hotels/Resorts |  | Corporate |  | Total
Theatre admissions | ​ | $ | 58,667 | ​ | $ | — | ​ | $ | — | ​ | $ | 58,667
Rooms | ​ |  | — | ​ |  | 27,618 | ​ |  | — | ​ |  | 27,618
Theatre concessions | ​ |  | 50,277 | ​ |  | — | ​ |  | — | ​ |  | 50,277
Food and beverage | ​ |  | — | ​ |  | 19,620 | ​ |  | — | ​ |  | 19,620
Other revenues(1) | ​ |  | 9,194 | ​ |  | 21,375 | ​ |  | 317 | ​ |  | 30,886
Cost reimbursements | ​ |  | 276 | ​ |  | 13,640 | ​ |  | — | ​ |  | 13,916
Total revenues | ​ | $ | 118,414 | ​ | $ | 82,253 | ​ | $ | 317 | ​ | $ | 200,984
​
(1) | Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.
​ The disaggregation of revenues by business segment for the 13 and 39 weeks ended September 26, 2019 is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 13 Weeks Ended September 26, 2019
​ | ​ | Reportable Segment | ​ | ​ | ​
​ |  | Theatres |  | Hotels/Resorts |  | Corporate |  | Total
Theatre admissions | ​ | $ | 69,753 | ​ | $ | — | ​ | $ | — | ​ | $ | 69,753
Rooms | ​ |  | — | ​ |  | 34,185 | ​ |  | — | ​ |  | 34,185
Theatre concessions | ​ |  | 57,051 | ​ |  | — | ​ |  | — | ​ |  | 57,051
Food and beverage | ​ |  | — | ​ |  | 20,170 | ​ |  | — | ​ |  | 20,170
Other revenues (1) | ​ |  | 9,781 | ​ |  | 13,003 | ​ |  | 88 | ​ |  | 22,872
Cost reimbursements | ​ |  | 217 | ​ |  | 7,214 | ​ |  | — | ​ |  | 7,431
Total revenues | ​ | $ | 136,802 | ​ | $ | 74,572 | ​ | $ | 88 | ​ | $ | 211,462
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 39 Weeks Ended September 26, 2019
​ | ​ | Reportable Segment | ​ | ​ | ​
​ |  | Theatres |  | Hotels/Resorts |  | Corporate |  | Total
Theatre admissions | ​ | $ | 211,777 | ​ | $ | — | ​ | $ | — | ​ | $ | 211,777
Rooms | ​ |  | — | ​ |  | 81,317 | ​ |  | — | ​ |  | 81,317
Theatre concessions | ​ |  | 172,126 | ​ |  | — | ​ |  | — | ​ |  | 172,126
Food and beverage | ​ |  | — | ​ |  | 54,568 | ​ |  | — | ​ |  | 54,568
Other revenues (1) | ​ |  | 29,525 | ​ |  | 36,386 | ​ |  | 323 | ​ |  | 66,234
Cost reimbursements | ​ |  | 646 | ​ |  | 27,333 | ​ |  | — | ​ |  | 27,979
Total revenues | ​ | $ | 414,074 | ​ | $ | 199,604 | ​ | $ | 323 | ​ | $ | 614,001
​
(1) | Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.
The Company had deferred revenue from contracts with customers of $36,347,000 and $43,200,000 as of September 24, 2020 and December 26, 2019, respectively. The Company had no contract assets as of September 24, 2020 and December 26, 2019. During the 39 weeks ended September 24, 2020, the Company recognized revenue of $12,444,000 that was included in deferred revenues as of December 26, 2019. The majority of the Company’s deferred revenue relates to non-redeemed gift cards, advanced ticket sales and the Company’s loyalty program. The decrease in deferred revenue from December 26, 2019 to September 24, 2020 was due to theatre gift card redemptions and advanced movie ticket redemptions during the 39 weeks ended September 24, 2020. As of September 24, 2020, the amount of transaction price allocated to the remaining performance obligations under the Company’s advanced ticket sales was $4,631,000 and is reflected in the Company’s consolidated balance sheet as part of deferred revenues, which is included in other accrued liabilities. The Company recognizes revenue as the tickets are redeemed, which is expected to occur within the next two years. As of September 24, 2020, the amount of transaction price allocated to the remaining performance obligations related to the amount of Hotels and Resorts non-redeemed gift cards was $2,679,000 and is reflected in the Company’s consolidated balance sheet as part of deferred revenues. The Company recognizes revenue as the gift cards are redeemed, which is expected to occur within the next two years. The majority of the Company’s revenue is recognized in less than one year from the original contract.
New Accounting Pronouncements | New Accounting Pronouncements – On December 27, 2019, the Company adopted Accounting Standards Update (ASU) No. 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General, designed to add, remove and clarify disclosure requirements related to defined benefit pension and other postretirement plans. The adoption of the new standard did not have a material effect on the Company’s consolidated financial statements or footnote disclosures. On December 27, 2019, the Company adopted ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment, which eliminates Step 2 of the goodwill impairment test that had required a hypothetical purchase price allocation. Rather, entities will apply the same impairment assessment to all reporting units and recognize an impairment loss for the amount by which a reporting unit’s carrying amount exceeds its fair value, without exceeding the total amount of goodwill allocated to that reporting unit. Entities will continue to have the option to perform a qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. The adoption of the new standard did not have a material effect on the Company’s consolidated financial statements. On December 27, 2019, the Company adopted ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement. The purpose of ASU No. 2018-13 is to improve the disclosures related to fair value measurements in the financial statements. The improvements include the removal, modification and addition of certain disclosure requirements primarily related to Level 3 fair value measurements. The adoption of the new standard did not have a material effect on the Company’s consolidated financial statements or footnote disclosures. In December 2019, the Financial Accounting Standards Board (FASB) issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Incomes Taxes. The amendments in ASU No. 2019-12 are designed to simplify the accounting for incomes taxes by removing certain exceptions to the general principles in Topic 740. The amendments also improve consistent application of and simplify generally accepted accounting principles for other areas of Topic 740 by clarifying and amending existing guidance. ASU No. 2019-12 is effective for the Company in fiscal 2021 and early application is permitted. The Company is currently evaluating the effect the new standard will have on its consolidated financial statements. ​ In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The amendments in this update provide optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships and other transactions that reference London Interbank Offered Rate (LIBOR) or another reference rate expected to be discontinued because of reference rate reform. ASU No. 2020-14 is effective as of March 12, 2020 through December 31, 2022. The Company will evaluate the effect the new standard will have on its consolidated financial statements when a replacement rate is chosen. ​ In August 2020, the FASB issued ASU No. 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity's Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity's Own Equity. Subtopic 470-20 is designed to simplify the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity's own equity. The amendments remove the separation models in ASC 470-20 for certain contracts. As a result, embedded conversion features would not be presented separately in equity, rather, the contract would be accounted for as a single liability measured at its amortized cost. Subtopic 815-40 simplifies the analysis of whether an embedded conversion feature meets the derivative scope exception for contracts that are indexed to, and classified in, stockholders equity, as well as addresses the computation of earnings per shares for convertible debt instruments. ASU No. 2020-06 is effective for fiscal years beginning after December 15, 2021 using either a modified retrospective method of transition or a fully retrospective method of transition. Early adoption is permitted no earlier than fiscal years beginning after December 15, 2020. The Company plans on early adopting ASU No. 2020-06 in fiscal 2021 and is currently evaluating the effect the new standard will have on its consolidated financial statements.

X
- Definition The entire disclosure of accounting policies. + References No definition available. + Details
Name: | mcs_AccountingPoliciesPolicyTextBlock
Namespace Prefix: | mcs_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for assets held for sale. + References No definition available. + Details
Name: | mcs_AssetsHeldForSalePolicyTextBlock
Namespace Prefix: | mcs_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS). + References No definition available. + Details
Name: | us-gaap_BasisOfAccountingPolicyPolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for comprehensive income. + References No definition available. + Details
Name: | us-gaap_ComprehensiveIncomePolicyPolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for depreciation, depletion, and amortization of property and equipment costs, including methods used and estimated useful lives and how impairment of such assets is assessed and recognized. + References No definition available. + Details
Name: | us-gaap_DepreciationDepletionAndAmortizationPolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerSharePolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for fair value measurements of financial and non-financial assets, liabilities and instruments classified in shareholders' equity. Disclosures include, but are not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities. + References No definition available. + Details
Name: | us-gaap_FairValueMeasurementPolicyPolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for goodwill. This accounting policy also may address how an entity assesses and measures impairment of goodwill, how reporting units are determined, how goodwill is allocated to such units, and how the fair values of the reporting units are determined. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for indefinite-lived intangible assets (that is, those intangible assets not subject to amortization). This accounting policy also may address how the entity assesses whether events and circumstances continue to support an indefinite useful life and how the entity assesses and measures impairment of such assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsIntangibleAssetsIndefiniteLivedPolicy
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 05 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109226317&loc=d3e202-110218 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.CC) -URI http://asc.fasb.org/extlink&oid=27011434&loc=d3e125687-122742 + Details
Name: | us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. + References No definition available. + Details
Name: | us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for postemployment benefits. Postemployment benefits are benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement, except for: a) benefits provided through a pension or postretirement benefit plan, b) individual deferred compensation arrangements, c) special or contractual termination benefits, and d) stock compensation plans. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 712 -URI http://asc.fasb.org/topic&trid=2197446 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790 + Details
Name: | us-gaap_PostemploymentBenefitPlansPolicy
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for revenue. Includes revenue from contract with customer and from other sources. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18823-107790 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18823-107790 + Details
Name: | us-gaap_RevenueRecognitionPolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for its capital stock transactions, including dividends and accumulated other comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21459-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18726-107790 + Details
Name: | us-gaap_StockholdersEquityPolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration