MARCUS CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $37.9m $65.0m $53.4m $42.0m ($124.8m) ($43.3m) ($12.0m) $14.8m ($7.8m) $12.7m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $37.5m $64.5m $53.5m $42.1m ($124.9m) ($43.3m) ($9.1m) $14.8m ($7.8m)
Net Income (Loss) Attributable to Noncontrolling Interest ($363k) ($511k) $74k $98k ($23k) $0 $2.9m $0 $0
Depreciation and amortization $41.8m $51.7m $61.3m $72.3m $75.1m $72.1m $67.1m $67.3m $68.0m $70.2m
Amortization of Debt Issuance Costs $303k $308k $287k $285k $2.2m $2.2m $1.6m $1.5m $1.1m $604k
Amortization of Debt Issuance Costs and Discounts $303k $308k $287k $285k $2.2m $2.2m $1.6m $1.5m $1.1m $604k
Amortization of Intangible Assets $334k $334k $334k $115k
Depreciation $42.1m $51.5m $61.5m $72.2m $75.1m $72.0m $67.0m $67.3m $68.0m $70.0m
Deferred Income Tax Expense (Benefit) $3.0m ($6.4m) $3.2m $9.1m ($38.8m) ($15.8m) $7.0m $5.6m ($4.0m) ($4.3m)
Share-based Payment Arrangement, Noncash Expense $1.9m $2.4m $2.7m $3.5m $4.4m $9.3m $8.2m $6.4m $8.2m $7.5m
Share-based Payment Arrangement, Expense $1.9m $2.4m $2.7m $3.5m $4.4m $9.3m $8.2m $6.4m $8.2m $7.5m
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $0 $0 $0 $0
Gain (Loss) on Disposition of Assets ($844k) $4.0m ($1.3m) ($1.1m) $856k $3.2m $1.1m ($41k) ($386k) $553k
Gain (Loss) on Disposition of Property Plant Equipment ($844k) $4.0m ($1.3m) ($1.1m) $856k $3.2m $1.1m $41k $386k $553k
Income (Loss) from Equity Method Investments $301k $46k ($399k) ($274k) ($1.5m) ($92k) ($143k) ($149k) ($604k) ($611k)
Income Tax Expense (Benefit) $23.0m $3.6m $13.1m $12.3m ($70.9m) ($15.7m) $7.1m $6.9m ($2.4m) ($4.0m)
Interest Expense Nonoperating $11.0m $11.5m
Operating Lease, Expense $26.1m $26.9m $25.6m $26.0m $26.2m $25.9m $25.2m
Other Nonoperating Income (Expense) ($1.8m) ($1.5m) $2.8m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Payable ($2.0m) $15.0m ($4.2m) $9.7m ($32.1m) $21.5m ($3.3m) $4.2m $10.4m ($3.5m)
Gain (Loss) on Sale of Properties $6.3m $0 $0
Gain (Loss) Related to Litigation Settlement $4.5m
General and Administrative Expense $63.6m $68.7m $72.1m $73.5m $51.0m $63.4m $74.8m $78.6m $89.0m $92.6m
Goodwill $43.7m $43.5m $43.2m $75.3m $75.2m $75.1m $75.0m $75.0m $75.0m $75.0m
Nonoperating Income (Expense) ($9.4m) ($7.5m) ($16.6m) ($13.8m) ($17.4m) ($17.5m) ($10.3m) ($12.3m) ($26.4m) ($8.4m)
Proceeds from Stock Options Exercised $4.0m $2.3m $7.0m
Real Estate Tax Expense $16.3m $18.8m $19.4m $21.9m $23.6m $18.5m $18.0m $17.9m $14.7m $16.2m
Net Cash Provided by (Used in) Operating Activities $82.7m $109.0m $137.4m $141.5m ($68.6m) $46.3m $93.2m $102.6m $103.9m $84.2m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $83.6m $114.8m $58.7m $64.1m $21.4m $17.1m $36.8m $38.8m $79.2m $83.2m
Payments to Acquire Businesses, Net of Cash Acquired $63.8m $0 $0 $30.1m $0 $0
Payments for (Proceeds from) Other Investing Activities ($3.6m) ($911k) $429k ($199k) ($450k) $461k $547k $1.4m ($382k) $1.7m
Net Cash Provided by (Used in) Investing Activities ($128.6m) ($100.2m) ($59.3m) ($93.9m) ($12.1m) $10.9m ($346k) ($36.7m) ($81.9m) ($71.4m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $0 $65.0m $0 $0 $0 $0 $100.0m $0
Repayments of Long-term Debt $52.3m $36.3m $12.2m $24.6m $9.4m $10.7m $35.7m $11.4m $11.4m $10.4m
Dividends paid $12.0m $13.5m $16.4m $19.3m $5.1m $0 $3.1m $7.4m $8.8m $9.2m
Net Cash Provided by (Used in) Financing Activities $42.5m $4.2m ($76.9m) ($43.8m) $69.1m ($47.2m) ($92.4m) ($30.5m) ($37.3m) ($30.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($16.0m) $12.0m $1.2m $3.7m ($11.5m) $10.0m $452k $35.3m ($15.3m) ($18.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($16.0m) $12.0m $21.9m $25.6m $14.1m $24.1m $24.5m $59.8m $44.6m $26.6m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $9.1m $11.5m $12.7m $10.3m $10.9m $14.1m $13.4m $9.7m $8.7m $10.7m
Income Taxes Paid, Net $25.0m $23.7m $1.8m $1.4m $244k