MARCUS CORP
For the period ended Sep 30, 2025. Filed Oct 31, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 31, 2025
MCS$27.20+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
(in thousands)
| Nine Months Ended | ||
|---|---|---|
| September 30, 2025 | September 26, 2024 | |
| OPERATING ACTIVITIES: | ||
| Net earnings (loss) | $6,735 | $(8,773) |
| Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: | ||
| Losses on investments in joint ventures | 438 | 446 |
| Distribution from joint venture | 68 | — |
| (Gain) loss on disposition of property, equipment and other assets | (1,256) | 95 |
| Gain on insurance settlement | (4,535) | — |
| Impairment charges | — | 472 |
| Debt conversion expense | — | 15,318 |
| Depreciation and amortization | 52,276 | 49,988 |
| Amortization of debt issuance costs | 464 | 918 |
| Share-based compensation | 6,216 | 7,157 |
| Deferred income taxes | 3,020 | 2,496 |
| Other long-term obligations | 752 | 1,293 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (257) | (3,851) |
| Other assets | (3,209) | (175) |
| Operating leases | (1,581) | (541) |
| Accounts payable | (17,342) | (2,934) |
| Income taxes | 197 | 1,060 |
| Taxes other than income taxes | 102 | (855) |
| Accrued compensation | (4,122) | (5,212) |
| Other accrued liabilities | (2,566) | (5,528) |
| Total adjustments | 28,665 | 60,147 |
| Net cash provided by operating activities | 35,400 | 51,374 |
| INVESTING ACTIVITIES: | ||
| Capital expenditures | (60,809) | (53,770) |
| Proceeds from disposals of property, equipment and other assets | 926 | 151 |
| Capital contribution in joint venture | — | (5,620) |
| Subscription and sale of joint venture interests | — | 1,500 |
| Proceeds from sale of trading securities | 8,187 | 37 |
| Proceeds from insurance settlement | 4,535 | — |
| Purchase of trading securities | — | (1,148) |
| Other investing activities | 555 | 453 |
| Net cash used in investing activities | (46,606) | (58,397) |
| FINANCING ACTIVITIES: | ||
| Debt transactions: | ||
| Proceeds from borrowings on revolving credit facility | 156,000 | 81,000 |
| Repayment of borrowings on revolving credit facility | (143,000) | (81,000) |
| Proceeds from issuance of long-term debt | — | 100,000 |
| Principal payments on long-term debt | (10,392) | (11,024) |
| Repurchase of convertible senior notes | — | (102,525) |
| Proceeds from capped call unwind | — | 13,230 |
| Debt issuance costs | — | (1,083) |
| Principal payments on finance lease obligations | (2,038) | (1,842) |
| Equity transactions: | ||
| Treasury stock transactions, except for stock options | (16,719) | (9,911) |
| Exercise of stock options | 14 | — |
| Dividends paid | (6,757) | (6,615) |
| Net cash used in financing activities | (22,892) | (19,770) |
| Net decrease in cash, cash equivalents and restricted cash | (34,098) | (26,793) |
| Cash, cash equivalents and restricted cash at beginning of period | 44,579 | 59,838 |
| Cash, cash equivalents and restricted cash at end of period | $10,481 | $33,045 |
| Supplemental Information: | ||
| Interest paid, net of amounts capitalized | $10,301 | $8,630 |
| Income taxes paid | 130 | 201 |
| Change in accounts payable for additions to property, equipment and other assets | 797 | 4,834 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.