Marcus corp (MCS)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10
OPERATING ACTIVITIES:
Net earnings (loss)

20,821

42,115

42,985

44,978

45,453

53,465

79,166

73,761

65,174

64,485

38,721

42,155

41,376

37,539

35,624

38,069

37,849

35,403

28,063

29,627

0

24,799

22,238

20,329

20,899

20,188

24,193

25,498

23,331

26,443

22,899

20,936

22,734

19,518

16,755

16,015

13,558

0

0

0

Adjustments to reconcile net earnings to net cash provided by operating activities:
Losses on investments in joint ventures

-247

-274

-933

-820

-535

-399

253

212

43

46

106

279

377

301

183

73

-74

-159

-94

-137

0

-177

-235

-208

-250

-325

-456

-493

-450

-308

-186

-169

-200

-340

480

495

545

0

0

0

Distributions from joint ventures

-

200

200

201

265

65

91

204

268

377

497

527

669

560

519

422

198

198

183

166

-

240

240

150

120

0

0

26

120

247

353

337

254

0

0

0

-

-

-

-

(Gain) loss on disposition of property, equipment and other assets

-1,168

-1,149

-844

-1,074

-1,335

-1,342

3,634

3,544

4,380

3,981

-786

-98

-1,130

-844

-1,366

-1,207

-1,061

-1,237

-1,059

-1,248

0

-818

-722

-1,016

-993

-942

-1,064

-271

-266

0

0

0

-

-

-

-

-

-

-

-

Loss on sale of condominium units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,438

-929

-932

-752

0

0

0

Impairment charges

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of favorable lease right

-

-

-

-

-

334

334

334

334

334

334

334

334

334

361

361

361

361

334

334

0

334

334

334

334

334

334

334

334

334

334

334

334

334

334

334

334

0

0

0

Amortization of loss on swap agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99

113

114

113

113

113

112

113

113

0

0

0

Depreciation and amortization

75,325

72,277

71,927

67,270

63,423

61,342

57,074

55,498

53,375

51,719

48,351

45,832

43,889

41,832

44,036

44,366

43,787

43,404

40,087

38,823

0

37,328

35,804

34,105

33,354

33,405

33,712

33,841

33,827

33,906

33,594

33,918

34,525

34,486

34,696

34,101

33,523

0

0

0

Amortization of debt issuance costs

263

285

303

321

285

287

315

314

313

308

286

292

306

303

376

408

434

477

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation

3,734

3,523

3,335

3,106

2,872

2,691

2,494

2,453

2,502

2,411

2,408

2,247

1,970

1,899

1,978

1,896

1,832

1,763

1,535

1,471

0

1,449

1,428

1,714

1,781

1,819

1,861

1,584

1,772

1,734

1,733

2,141

2,010

2,082

2,152

1,791

1,795

0

0

0

Deferred income taxes

6,837

9,111

2,674

3,243

3,192

3,247

-10,668

-7,836

-6,385

-6,438

792

2,893

3,020

3,022

5,939

450

-1,401

1,718

4,967

2,327

0

5,887

28

-16

-451

-5,091

-73

-857

-1,146

1,006

-1,005

177

1,150

3,332

4,998

6,569

5,093

0

0

0

Deferred compensation and other

-679

-1,011

-982

-714

-3,524

-3,339

-2,178

-2,438

-1,150

-911

-1,733

-1,180

-94

-577

-1,233

-2,309

-3,815

-2,184

-3,679

-4,395

0

-2,347

-4,156

-1,060

-850

-824

-1,615

-1,824

44

-1,508

-505

40

-1,610

2,155

2,283

1,378

1,404

0

0

0

Contribution of the Company's stock to savings and profit-sharing plan

1,315

1,181

1,181

1,181

1,181

1,130

1,130

1,130

1,264

1,024

1,024

1,024

890

905

17

905

905

888

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-5,564

3,781

-2,440

-2,920

1,172

-1,546

-268

4,225

1,894

8,852

7,292

7,999

2,975

1,486

-8,705

-1,091

4,513

3,375

10,707

11,443

0

153

4,244

485

877

2,450

462

1,106

42

936

-826

556

185

-1,071

129

-1,303

-2,242

0

0

0

Other assets

-3,480

-1,102

-10,904

-5,880

3,154

1,946

1,841

1,070

1,574

2,268

3,644

4,818

3,111

2,465

1,395

193

771

879

487

656

0

190

-535

-777

-836

-1,226

-1,442

-1,620

-1,014

561

1,238

-1,836

-3,023

-3,470

-3,224

157

3,387

0

0

0

Operating leases

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-8,960

9,733

6,864

6,787

6,055

-4,232

-3,606

7,326

-4,736

15,015

4,615

2,104

7,627

-1,978

9,452

-3,059

-6,111

-4,351

-11,037

-8,046

0

-1,812

-1,548

1,345

748

2,972

510

4,832

5,733

-1,297

3,681

-2,416

-2,887

120

-2,036

-598

871

0

0

0

Income taxes

-4,556

67

6,054

2,996

6,784

10,297

7,772

5,766

-14,516

-13,663

-6,481

-12,570

-2,924

-5,124

-9,383

8,464

12,082

6,979

1,477

5,104

0

-2,236

128

-3,803

-2,544

5,496

1,132

4,074

2,876

-2,623

-374

-794

-308

1,280

424

1,232

4,257

0

0

0

Taxes other than income taxes

-1,402

1,664

1,694

563

-231

-895

128

1,443

328

2,377

2,595

1,701

2,433

-373

1,115

1,308

-189

1,921

-644

991

0

533

274

858

333

1,647

928

878

890

538

315

222

870

514

676

-629

-349

0

0

0

Accrued compensation

2,367

508

2,486

1,662

1,089

1,920

761

132

524

-1,380

555

1,747

1,658

4,738

5,832

-3,600

676

1,455

1,398

2,966

0

1,348

265

347

1,974

1,611

1,403

949

-1,158

1,338

5,268

578

6,508

444

30

828

552

0

0

0

Other liabilities

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued liabilities

105

2,541

0

0

0

-

-

-

-

6,703

3,576

3,892

2,043

1,829

8,987

1,375

-5,434

6,075

-4,334

-4,502

0

2,747

1,970

2,103

6,567

3,625

579

-859

-1,458

-278

1,740

-645

-1,744

1,897

1,566

3,718

2,592

0

0

0

Total adjustments

96,020

99,364

103,292

96,698

87,979

83,924

56,004

64,117

29,955

44,551

50,029

38,205

56,676

45,116

80,071

57,637

50,405

63,133

31,740

37,341

0

50,406

41,600

40,986

45,541

48,010

40,464

44,313

39,871

30,554

47,065

35,992

46,294

49,646

45,739

49,180

47,944

0

0

0

Net cash provided by (used in) operating activities

116,841

141,479

146,277

141,676

133,432

137,389

135,170

137,878

95,129

109,036

88,750

80,360

98,052

82,655

115,695

95,706

88,254

98,536

59,803

66,968

0

75,205

63,838

61,315

66,440

68,198

64,657

69,811

63,202

56,997

69,964

56,928

69,028

69,164

62,494

65,195

61,502

0

0

0

INVESTING ACTIVITIES:
Capital expenditures

60,340

64,086

63,613

56,875

56,410

58,660

72,683

91,946

108,549

114,804

112,787

96,899

89,330

83,606

91,401

86,262

86,724

90,243

73,049

72,838

0

70,599

62,766

61,023

56,673

41,145

33,051

26,067

22,635

15,217

25,008

33,464

31,835

27,201

17,604

17,533

16,068

0

0

0

Purchase of theatres, net of cash acquired and working capital assumed

-

30,081

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposals of property, equipment and other assets

16

22

52

56

102

116

52

445

4,538

4,524

5,524

5,711

1,566

1,560

13,321

13,981

14,014

14,020

1,451

226

0

242

1,233

1,836

1,926

6,434

5,481

4,750

4,662

339

337

4,209

4,187

3,964

3,927

27

34

0

0

0

Decrease (increase) in other assets

-

-

-

-

-

-

-

-

-

-

0

0

-10,899

-

-3,449

-2,007

6,601

8,876

181

717

0

1,565

1,669

1,917

137

671

-526

226

1,513

1,053

2,214

1,173

1,072

0

0

0

-

-

-

-

Other investing activities

-2,738

-199

5,943

5,114

3,093

429

0

0

0

-

-

-

-

-3,572

-3,691

-123

-897

-1,588

-163

49

0

1,626

1,729

1,710

1,227

-758

1,647

1,591

1,674

3,960

1,418

1,112

1,775

1,504

1,495

1,306

1,366

0

0

0

Capital contribution in joint venture

-

-

-

-

-

294

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

630

1,059

1,361

1,366

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Contribution in joint venture

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

3,200

3,100

3,100

-

0

0

0

-

-

-

-

444

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of interests in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

1,100

1,000

1,000

1,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-58,041

-93,946

-99,342

-91,559

-89,204

-59,267

-65,179

-84,333

-95,554

-101,206

-182,938

-161,595

-149,012

-141,140

-69,940

-70,751

-80,614

-86,711

-74,777

-76,877

0

-75,678

-67,490

-64,406

-57,708

-36,917

-30,555

-24,878

-22,561

-25,762

-34,174

-36,963

-35,947

-39,860

-31,155

-34,486

-32,863

0

0

0

FINANCING ACTIVITIES
Debt transactions:
Proceeds from borrowings on revolving credit facility

450,000

335,000

290,000

260,000

227,000

203,000

227,000

233,000

292,000

322,000

350,000

320,000

376,188

346,188

305,688

328,688

217,000

221,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash advanced to joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

0

0

0

-

-

-

-

Repayment of borrowings on revolving credit facility

344,000

333,000

292,000

271,000

244,000

254,000

272,500

256,000

266,000

332,000

281,500

267,188

316,188

236,188

253,188

281,500

220,000

228,000

180,500

164,500

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

65,000

65,000

65,000

65,000

0

0

0

-17,500

-

-

-

-

84,700

48,700

20,700

52,700

-90,250

61,350

96,850

64,350

266,321

139,000

134,000

117,000

94,778

70,999

48,000

52,000

0

0

0

Principal payments on long-term debt

24,580

24,620

24,645

24,669

12,197

12,153

12,117

12,097

12,074

36,300

36,366

36,434

75,244

52,335

54,813

54,959

-96,104

8,169

6,453

6,072

0

52,508

-46,029

-39,390

31,886

-83,865

36,513

62,975

27,763

234,508

137,079

131,042

128,029

112,546

92,423

74,554

73,441

0

0

0

Debt issuance costs

0

-

-

-

-

-

-

-

-

418

457

457

943

578

0

0

0

-

-

-

-

-

-

-

316

1,803

1,803

1,803

1,527

0

0

0

-

-

-

-

-

-

-

-

Principal payments on finance lease obligations

2,592

2,544

2,369

2,142

1,991

1,836

2,579

2,371

2,163

1,986

782

516

255

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity transactions:
Treasury stock transactions, except for stock options

-547

-702

-704

-2,175

-2,500

-2,523

-2,524

-1,137

-877

-421

-499

-898

-1,444

-6,089

-5,534

-4,545

-5,046

-320

-673

-741

0

-7,077

-4,748

-4,465

-3,886

-40,523

-42,344

-24,794

-24,131

26,383

25,686

8,669

11,189

4,669

4,676

3,902

3,988

0

0

0

Exercise of stock options

1,111

1,520

1,490

5,848

6,573

7,048

7,090

3,134

2,745

2,271

2,516

4,028

4,316

3,986

4,124

2,059

1,992

2,694

2,250

2,929

0

6,204

5,956

6,347

5,605

2,029

2,034

1,551

2,182

2,298

1,761

1,761

1,284

500

501

841

1,048

0

0

0

Dividends paid

19,640

19,311

18,615

17,902

17,160

16,414

15,659

14,921

14,208

13,504

13,143

12,777

12,406

12,037

11,834

11,633

11,437

10,970

10,679

10,390

0

10,095

9,789

9,495

9,203

6,689

35,392

35,454

35,614

38,025

9,517

9,639

9,707

9,755

9,788

9,821

9,810

0

0

0

Distributions to noncontrolling interest

-

185

184

140

105

64

85

39

39

20

0

0

136

448

449

953

1,195

884

744

1,337

0

2,023

2,023

1,783

2,124

1,060

1,059

1,060

0

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

59,213

-43,842

-47,027

-52,180

-44,380

-76,942

-71,832

-50,889

-1,079

4,212

84,769

70,758

38,888

42,499

-34,997

-23,334

-15,470

-24,649

4,651

-611

0

2,543

155

-3,688

-12,110

-35,647

-31,301

-40,359

-36,503

-30,297

-31,521

-13,589

-30,641

-31,692

-35,387

-39,436

-34,191

0

0

0

Net increase (decrease) in cash, cash equivalents and restricted cash

118,013

3,691

-92

-2,063

-152

1,180

-1,841

2,656

-1,504

12,042

-9,419

-10,477

-12,072

-15,986

10,758

1,621

-7,830

-12,824

-10,323

-10,520

0

2,070

-3,497

-6,779

-3,378

-4,366

2,801

4,574

4,138

938

4,269

6,376

2,440

-2,388

-4,048

-8,727

-5,552

0

0

0

Supplemental Information:
Interest paid, net of amounts capitalized

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

9,271

-

9,244

9,307

0

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Income taxes (paid) refunded

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

12,525

-

17,870

10,145

0

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Change in accounts payable for additions to property, equipment and other assets

875

2,185

7,362

2,740

-1,610

-9,857

-13,435

-12,993

-7,138

5,320

14,289

14,998

11,042

3,417

-9,601

-8,474

-6,851

-2,641

-810

8,003

0

8,421

6,647

7,674

4,876

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-