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Income Taxes (Tables) | 12 Months Ended
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Dec. 26, 2024
Income Tax Disclosure [Abstract] |
Schedule of Deferred Tax Assets and Liabilities | The components of the net deferred tax liability are as follows:
| December 26, 2024 |  | December 28, 2023
Deferred tax assets |  |  |
Accrued employee benefits | $ | 13,171 |  |  | $ | 13,653 |
Operating lease liabilities | 47,121 |  |  | 50,601 |
Gift card liabilities | 6,030 |  |  | 6,490 |
Net operating loss, disallowed interest & tax credit carryforwards | 18,784 |  |  | 21,069 |
Other | 130 |  |  | 2,378 |
Total | 85,236 |  |  | 94,191 |
Less valuation allowance | (3,583) |  |  | (11,338) |
Deferred tax assets | 81,653 |  |  | 82,853 |
Deferred tax liabilities |  |  |
Depreciation and amortization | (68,767) |  |  | (68,164) |
Operating lease assets | (41,549) |  |  | (46,924) |
Deferred tax liabilities | (110,316) |  |  | (115,088) |
Net deferred tax liability | $ | (28,663) |  |  | $ | (32,235) |
Amounts recognized in the consolidated balance sheets consist of: |  |  |
Deferred income taxes - other assets | $ | 3,956 |  |  | $ | — |
Deferred income taxes - liabilities | (32,619) |  |  | (32,235) |
Net amount recognized | $ | (28,663) |  |  | $ | (32,235) |
Schedule of Components of Income Tax Expense (Benefit) | Income tax expense (benefit) consists of the following:
| Year Ended
| December 26, 2024 |  | December 28, 2023 |  | December 29, 2022
Current: |  |  |  |  |
Federal | $ | 846 |  |  | $ | 603 |  |  | $ | (452) |
State | 713 |  |  | 692 |  |  | 556 |
Deferred: |  |  |  |  |
Federal | 2,833 |  |  | 3,900 |  |  | (3,222) |
State | (6,814) |  |  | 1,661 |  |  | 10,255 |
| $ | (2,422) |  |  | $ | 6,856 |  |  | $ | 7,137 |
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
| December 26, 2024 |  | December 28, 2023 |  | December 29, 2022
Statutory federal tax rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of federal income tax benefit | (7.4) |  |  | 11.4 |  |  | 4.3 |
Tax credits, net of federal income tax benefit | 12.7 |  |  | (5.6) |  |  | 22.9 |
Valuation allowance | 76.0 |  |  | (4.8) |  |  | (205.9) |
Federal income tax benefit on state valuation allowance | (16.0) |  |  | 1.0 |  |  | 53.7 |
Excess tax benefits on share-based compensation | (3.3) |  |  | 2.8 |  |  | (22.1) |
Other compensation and benefits | (17.5) |  |  | 5.4 |  |  | (15.6) |
Meals and entertainment | (2.6) |  |  | 1.1 |  |  | (4.1) |
Debt conversion | (38.1) |  |  | — |  |  | — |
Other | (1.1) |  |  | (0.6) |  |  | (1.8) |
| 23.7 | % |  | 31.7 | % |  | (147.6) | %

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