2016 Q1 Form 10-Q Financial Statement

#000114420416100360 Filed on May 10, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $125.4M $120.2M
YoY Change 4.4% 9.38%
Cost Of Revenue $70.10M $68.30M
YoY Change 2.64% 7.05%
Gross Profit $55.30M $51.90M
YoY Change 6.55% 12.58%
Gross Profit Margin 44.08% 43.19%
Selling, General & Admin $25.90M $25.70M
YoY Change 0.78% 6.64%
% of Gross Profit 46.84% 49.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.19M $9.730M
YoY Change 4.74% 19.24%
% of Gross Profit 18.43% 18.75%
Operating Expenses $44.00M $44.20M
YoY Change -0.45% 9.41%
Operating Profit $11.35M $7.609M
YoY Change 49.11% 34.41%
Interest Expense $2.409M $2.427M
YoY Change -0.74% -6.11%
% of Operating Profit 21.23% 31.9%
Other Income/Expense, Net -$2.535M -$2.799M
YoY Change -9.43% 9.64%
Pretax Income $8.811M $4.810M
YoY Change 83.18% 54.76%
Income Tax $3.531M $1.764M
% Of Pretax Income 40.07% 36.67%
Net Earnings $5.452M $3.091M
YoY Change 76.38% -24.07%
Net Earnings / Revenue 4.35% 2.57%
Basic Earnings Per Share
Diluted Earnings Per Share $197.8K $111.9K
COMMON SHARES
Basic Shares Outstanding 27.49K shares 27.44K shares
Diluted Shares Outstanding 27.76K shares 27.75K shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.000M $6.300M
YoY Change 42.86% 46.51%
Cash & Equivalents $8.963M $5.913M
Short-Term Investments
Other Short-Term Assets $6.851M $5.970M
YoY Change 14.76% 3.16%
Inventory
Prepaid Expenses
Receivables $10.80M $10.90M
Other Receivables $0.00 $100.0K
Total Short-Term Assets $45.33M $35.91M
YoY Change 26.23% 14.33%
LONG-TERM ASSETS
Property, Plant & Equipment $673.3M $659.8M
YoY Change 2.06% 5.09%
Goodwill $44.19M $43.75M
YoY Change 0.99% -0.32%
Intangibles
YoY Change
Long-Term Investments $6.400M $3.700M
YoY Change 72.97% -32.73%
Other Assets $37.61M $35.63M
YoY Change 5.56% 2.27%
Total Long-Term Assets $761.6M $742.9M
YoY Change 2.52% 4.33%
TOTAL ASSETS
Total Short-Term Assets $45.33M $35.91M
Total Long-Term Assets $761.6M $742.9M
Total Assets $806.9M $778.8M
YoY Change 3.61% 4.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.99M $19.62M
YoY Change 17.17% -2.39%
Accrued Expenses $64.60M $62.80M
YoY Change 2.87% 8.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $42.74M $8.330M
YoY Change 413.09% -74.35%
Total Short-Term Liabilities $141.3M $95.81M
YoY Change 47.52% -18.54%
LONG-TERM LIABILITIES
Long-Term Debt $196.5M $233.8M
YoY Change -15.96% 16.63%
Other Long-Term Liabilities $44.70M $39.60M
YoY Change 12.88% 9.7%
Total Long-Term Liabilities $196.5M $233.8M
YoY Change -15.96% 16.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $141.3M $95.81M
Total Long-Term Liabilities $196.5M $233.8M
Total Liabilities $337.8M $329.6M
YoY Change 2.5% 3.63%
SHAREHOLDERS EQUITY
Retained Earnings $327.8M $307.5M
YoY Change 6.61% 5.09%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $48.25M $46.83M
YoY Change 3.03% -11.63%
Treasury Stock Shares 3.705M shares 3.745M shares
Shareholders Equity $362.6M $342.5M
YoY Change
Total Liabilities & Shareholders Equity $806.9M $778.8M
YoY Change 3.61% 4.75%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $5.452M $3.091M
YoY Change 76.38% -24.07%
Depreciation, Depletion And Amortization $10.19M $9.730M
YoY Change 4.74% 19.24%
Cash From Operating Activities $10.50M $20.80M
YoY Change -49.52% 121.28%
INVESTING ACTIVITIES
Capital Expenditures $16.51M $20.85M
YoY Change -20.84% -272.31%
Acquisitions
YoY Change
Other Investing Activities $500.0K -$1.625M
YoY Change -130.77% -506.25%
Cash From Investing Activities -$13.90M -$20.00M
YoY Change -30.5% 68.07%
FINANCING ACTIVITIES
Cash Dividend Paid $2.997M $2.530M
YoY Change 18.46%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.490M $1.176M
YoY Change 26.7%
Cash From Financing Activities 5.700M -3.400M
YoY Change -267.65% -42.37%
NET CHANGE
Cash From Operating Activities 10.50M 20.80M
Cash From Investing Activities -13.90M -20.00M
Cash From Financing Activities 5.700M -3.400M
Net Change In Cash 2.300M -2.600M
YoY Change -188.46% -69.05%
FREE CASH FLOW
Cash From Operating Activities $10.50M $20.80M
Capital Expenditures $16.51M $20.85M
Free Cash Flow -$6.005M -$49.00K
YoY Change 12155.1% -100.23%

Facts In Submission

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MARCUS CORP
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0000062234
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Accelerated Filer
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MCS
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CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
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CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
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CY2015Q1 mcs Defined Benefit Plan Net Amortization Of Prior Service Cost And Actuarial Loss
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CY2016Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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CY2016Q1 us-gaap Defined Benefit Plan Interest Cost
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352000 USD
CY2015Q1 us-gaap Defined Benefit Plan Interest Cost
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91000 USD
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567000 USD
CY2016Q1 us-gaap Depreciation
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CY2015Q1 us-gaap Depreciation
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1.1 pure
CY2016Q1 us-gaap Available For Sale Securities
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16000 USD
CY2016Q1 mcs Commitment Minimum Lease Payments
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5271000 USD
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642 pure
CY2016Q1 mcs Term Of Licensing Agreement
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P10Y
CY2016Q1 mcs Expect Period Of Payments Obligation
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12 months
CY2016Q1 mcs Amortization Of Deferred Financing Fees
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CY2015Q1 mcs Amortization Of Deferred Financing Fees
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108000 USD
CY2015Q1 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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316000 USD
CY2016Q1 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
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1000000 USD
CY2015Q1 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 USD
CY2016Q1 us-gaap Interest Paid
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CY2015Q1 us-gaap Interest Paid
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CY2015Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
820000 USD
CY2016Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
18787232 shares
CY2016Q1 invest Derivative Notional Amount
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25000000 USD
CY2016Q1 mcs Description Of Derivative Variable Rate Basis
DescriptionOfDerivativeVariableRateBasis
one-month LIBOR

Files In Submission

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