Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 26, 2024
Current assets:
Cash and cash equivalents	$ 11,865	$ 40,841
Restricted cash	3,858	3,738
Accounts receivable, net of reserves of $285 and $141, respectively	18,253	21,457
Assets held for sale	0	1,199
Other current assets	25,792	24,915
Total current assets	59,768	92,150
Property and equipment:
Land and improvements	135,115	129,991
Buildings and improvements	737,387	736,408
Leasehold improvements	163,589	166,149
Furniture, fixtures and equipment	425,816	424,807
Finance lease right-of-use assets	29,176	29,061
Construction in progress	31,539	15,590
Total property and equipment	1,522,622	1,502,006
Less accumulated depreciation and amortization	829,502	816,272
Net property and equipment	693,120	685,734
Operating lease right-of-use assets	156,443	159,194
Other assets:
Investments in joint ventures	4,528	5,166
Goodwill	74,996	74,996
Deferred incomes taxes	6,547	3,956
Other	22,555	23,332
Total other assets	108,626	107,450
TOTAL ASSETS	1,017,957	1,044,528
Current liabilities:
Accounts payable	25,947	50,690
Income taxes	810	0
Taxes other than income taxes	15,662	18,696
Accrued compensation	14,827	24,976
Other accrued liabilities	57,220	53,830
Current portion of finance lease obligations	2,639	2,591
Current portion of operating lease obligations	15,867	15,765
Current maturities of long-term debt	9,840	10,133
Total current liabilities	142,812	176,681
Finance lease obligations	9,797	10,360
Operating lease obligations	161,226	164,776
Long-term debt	189,062	149,007
Deferred income taxes	26,944	32,619
Other long-term obligations	46,325	46,219
Shareholders’ Equity:
Preferred Stock, $1 par; authorized 1,000,000 shares; none issued	0	0
Capital in excess of par	180,511	177,172
Retained earnings	246,032	265,028
Accumulated other comprehensive loss	(185)	(181)
Stockholders' equity before treasury stock	458,712	474,241
Less cost of Common Stock in treasury (1,056,092 shares at March 31, 2025 and 604,914 shares at December 26, 2024)	(16,921)	(9,375)
Total shareholders’ equity	441,791	464,866
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	1,017,957	1,044,528
Common Stock
Shareholders’ Equity:
Common Stock	25,369	25,237
Class B Common Stock
Shareholders’ Equity:
Common Stock	$ 6,985	$ 6,985

MARCUS CORP 10-Q