View Filing Data

Receivables, net of allowance of $6.0 and $6.3, respectively

13.1

26.1

160.6

160.5

Prepaid expenses

4.2

3.1

Income tax receivable

0.2

2.4

Current portion of notes receivable - founding members

^[1]

4.2

5.6

Other current assets

0.1

0.4

Total current assets

212.6

221.1

NON-CURRENT ASSETS:

Property and equipment, net of accumulated depreciation of $70.4 and $64.1, respectively

30.7

29.6

Intangible assets, net of accumulated amortization of $145.4 and $118.9, respectively

717.2

560.5

Deferred tax assets, net of valuation allowance of $98.1 and $110.3, respectively

161.0

294.2

Long-term notes receivable, net of current portion - founding members

^[1]

4.1

8.3

Other investments

3.5

6.6

16.2

19.6

Debt issuance costs, net

1.3

1.9

Other assets

1.5

0.7

Total non-current assets

935.5

921.4

Amounts due to founding members

1,148.1

1,142.5

CURRENT LIABILITIES:

32.7

42.7

Payable to founding members under tax receivable agreement

19.6

18.4

Accrued expenses

19.9

19.6

Accrued payroll and related expenses

11.1

12.2

Accounts payable

19.3

17.4

Deferred revenue

7.1

10.3

Total current liabilities

109.7

120.6

NON-CURRENT LIABILITIES:

Long-term debt, net of debt issuance costs of $8.7 and $10.7, respectively

923.3

924.3

Income tax payable

0.3

2.0

Payable to founding members under tax receivable agreement

114.0

212.3

Other liabilities

2.0

Total non-current liabilities

1,039.6

1,138.6

COMMITMENTS AND CONTINGENCIES (NOTE 12)

1,149.3

1,259.2

EQUITY/(DEFICIT):

Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding, respectively

Common stock, $0.01 par value; 175,000,000 shares authorized, 76,242,222 and 59,874,412 issued and outstanding, respectively

0.8

0.6

Retained earnings (distributions in excess of earnings)

13.8

(110.5)

(303.5)

(248.3)

Total NCM, Inc. stockholders’ equity/(deficit)

(288.9)

(358.2)

Noncontrolling interests

287.7

241.5

(1.2)

(116.7)

Statement Of Financial Position [Abstract]

$ 1,148.1

$ 1,142.5

[1]	Refer to the discussion of the Fathom Events sale under AC JV, LLC transactions below.

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

Allowance for doubtful accounts receivable

$ 6.0

$ 6.3

Accumulated depreciation, property and equipment

70.4

64.1

Accumulated amortization, intangible assets

145.4

118.9

Deferred tax assets, valuation allowance

^[1]

98.1

110.3

Debt issuance costs, long-term

$ 8.7

$ 10.7

Preferred stock, par value

$ 0.01

Preferred stock, shares authorized

10,000,000

Preferred stock, shares issued

Preferred stock, shares outstanding

Common stock, par value

$ 0.01

Common stock, shares authorized

175,000,000

Common stock, shares issued

76,242,222

59,874,412

Common stock, shares outstanding

76,242,222

59,874,412

[1]

The Company recognized a deferred tax asset in the amount of $241.0 million and $384.4 million as of 2017 and 2016, respectively, associated with the basis difference in our investment in NCM LLC. However, a portion of the total basis difference will only reverse upon a sale of the Company’s interest in NCM LLC, which the Company expects would result in a capital loss. Therefore, as of December 28, 2017 and December 29, 2016 the Company has a valuation allowance in the amount of $98.1 million and $110.3 million, respectively, against the deferred tax asset to which this portion relates.

CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Income Statement [Abstract]

Revenue (including revenue from founding members of $29.9, $29.1 and $30.2, respectively)

$ 426.1

$ 447.6

$ 446.5

OPERATING EXPENSES:

Advertising operating costs

32.4

30.0

30.8

Network costs

15.8

17.1

17.8

Theater access fees—founding members

^[1]

76.5

75.1

72.5

Selling and marketing costs

72.0

72.8

72.3

Administrative and other costs

34.3

37.9

43.8

38.6

Depreciation and amortization

37.6

35.8

32.2

Total

272.2

274.6

298.5

OPERATING INCOME

153.9

173.0

148.0

NON-OPERATING EXPENSES:

Interest on borrowings

52.8

54.0

52.2

Interest income

(1.2)

(1.5)

(1.6)

Accretion of interest on the discounted payable to founding members under tax receivable agreement

18.5

19.6

19.4

Amortization of terminated derivatives

1.6

Loss on early retirement of debt

10.4

(Gain) loss on re-measurement of the payable to founding members under the tax receivable agreement

(103.6)

1.0

(2.9)

Other non-operating (income) expense

(0.3)

0.2

Total

(33.8)

83.5

68.9

187.7

89.5

79.1

Less: Net income attributable to noncontrolling interests

129.0

7.5

19.5

CONSOLIDATED NET INCOME

58.7

82.0

59.6

56.2

61.6

48.3

NET INCOME ATTRIBUTABLE TO NCM, INC.

$ 2.5

$ 20.4

$ 11.3

$ 0.04

$ 0.34

$ 0.19

WEIGHTED AVERAGE SHARES OUTSTANDING:

$ 0.02

$ 0.34

$ 0.19

65,226,817

59,788,026

58,979,508

Dividends declared per common share

151,067,270

60,605,570

59,589,299

$ 0.88

[1]	Comprised of payments per theater attendee, payments per digital screen with respect to the founding member theaters included in the Company’s network and payments for access to higher quality digital cinema equipment.

CONSOLIDATED STATEMENTS OF INCOME (PARENTHETICAL) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Income Statement [Abstract]
Revenue from founding members	$ 29.9	$ 29.1	$ 30.2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
CONSOLIDATED NET INCOME, NET OF TAX OF $129.0, $7.5 AND $19.5, RESPECTIVELY	$ 58.7	$ 82.0	$ 59.6
OTHER COMPREHENSIVE INCOME, NET OF TAX:
Amortization of terminated derivatives, net of tax of $0.0, $0.0 and $0.3, respectively			1.3
CONSOLIDATED COMPREHENSIVE INCOME	58.7	82.0	60.9
Less: Comprehensive income attributable to noncontrolling interests	56.2	61.6	49.2
COMPREHENSIVE INCOME ATTRIBUTABLE TO NCM, INC.	$ 2.5	$ 20.4	$ 11.7

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (PARENTHETICAL) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
Consolidated net income, tax	$ 129.0	$ 7.5	$ 19.5
Amortization of terminated derivatives, tax	$ 0.0	$ 0.0	$ 0.3

CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) - USD ($)
$ in Millions

Total

Common Stock [Member]

Additional Paid In Capital (Deficit) [Member]

Retained Earnings (Distribution In Excess Of Earnings) [Member]

Accumulated Other Comprehensive Loss [Member]

Noncontrolling Interest [Member]

Balance at Jan. 01, 2015

$ (135.4)

$ 0.6

$ (164.1)

$ (171.0)

$ (0.4)

$ 199.5

Balance, shares at Jan. 01, 2015

58,750,926

Distributions to founding members

(82.2)

NCM LLC equity issued for purchase of intangible asset

100.7

44.4

56.3

Income tax and other impacts of NCM LLC ownership changes

(7.3)

(15.2)

^[1]

7.9

Issuance of shares, shares

3.2

200,000

(3.2)

Share-based compensation issued, value

60.9

11.3

$ 0.4

49.2

(0.1)

Share-based compensation issued, shares

288,228

Share-based compensation expense/capitalized

15.0

10.4

4.6

Excess tax benefit from share-based compensation

(0.1)

Cash dividends declared

(54.1)

Balance at Dec. 31, 2015

(102.6)

$ 0.6

(124.7)

(213.8)

235.3

Balance, shares at Dec. 31, 2015

59,239,154

Distributions to founding members

(75.1)

NCM LLC equity issued for purchase of intangible asset

21.1

9.2

11.9

Income tax and other impacts of NCM LLC ownership changes

(1.6)

(3.0)

^[1]

1.4

Share-based compensation issued, value

82.0

20.4

61.6

(4.4)

Share-based compensation issued, shares

635,258

Share-based compensation expense/capitalized

18.8

12.4

6.4

Cash dividends declared

(54.9)

Balance at Dec. 29, 2016

$ (116.7)

$ 0.6

(110.5)

(248.3)

241.5

Balance, shares at Dec. 29, 2016

59,874,412

Distributions to founding members

$ (85.0)

(85.0)

NCM LLC equity issued for purchase of intangible asset

201.8

78.8

123.0

Income tax and other impacts of NCM LLC ownership changes

(9.7)

42.5

^[1]

(52.2)

Issuance of shares, shares

84.9

$ 0.2

84.7

15,600,000

(84.9)

Share-based compensation issued, value

58.7

2.5

56.2

(4.1)

Share-based compensation issued, shares

767,810

Share-based compensation expense/capitalized

11.5

7.3

4.2

Cash dividends declared

(57.7)

Balance at Dec. 28, 2017

$ (1.2)

$ 0.8

$ 13.8

$ (303.5)

$ 287.7

Balance, shares at Dec. 28, 2017

76,242,222

[1]

Subsequent to the issuance of the December 29, 2016 financial statements, an error was identified to the recording of related party balances between the Company and NCM LLC. As of December 28, 2017, the Company recorded an increase of approximately $3.6 million to its additional paid in capital balance and recorded an equivalent reduction to its noncontrolling interests equity balance related to the correction of the out of period error.

CONSOLIDATED STATEMENTS OF EQUITY/(DEFICIT) (PARENTHETICAL) - $ / shares	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Statement Of Stockholders Equity [Abstract]
Dividends per share	$ 0.88	$ 0.88	$ 0.88

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income	$ 58.7	$ 82.0	$ 59.6
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Deferred income tax expense	130.6	9.8	13.8
Depreciation and amortization	37.6	35.8	32.2
Non-cash share-based compensation	11.2	18.3	14.8
Impairment on investment	3.1	0.7	0.0
Excess tax benefit from share-based compensation			(0.1)
Accretion of interest on the discounted payable to founding members under tax receivable agreement	18.5	19.6	19.4
Reversal of income tax reserve	(1.7)	(2.9)
Amortization of terminated derivatives			1.6
Amortization of debt issuance costs	2.6	2.6	2.6
Non-cash (gain) loss on re-measurement of the payable to founding members under the tax receivable agreement	(103.6)	1.0	(2.9)
Other	(0.3)		1.1
Cash distributions from non-consolidated entities	0.3	0.2	0.2
Changes in operating assets and liabilities:
Receivables, net	(0.1)	(13.5)	(35.5)
Accounts payable and accrued expenses	1.7	(4.1)	7.8
Amounts due to founding members	0.3	(0.1)	1.4
Payment to founding members under tax receivable agreement	(18.8)	(25.3)	(21.1)
Deferred revenue	(3.1)		1.7
Income taxes and other	1.9	(1.0)	8.7
Net cash provided by operating activities	138.9	133.5	105.3
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(11.6)	(12.9)	(12.6)
Acquisition of a business	(0.2)
Purchases of marketable securities	(34.4)	(54.7)	(70.6)
Proceeds from sale and maturities of marketable securities and restricted cash	51.2	62.8	83.1
Purchases of intangible assets from network affiliates	(2.1)	(2.3)	(2.7)
Proceeds from note receivable - founding members	5.6	2.8	4.2
Net cash provided by (used in) investing activities	8.5	(4.3)	1.4
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of dividends	(58.7)	(54.6)	(52.3)
Proceeds from borrowings under the revolving credit facility	80.0	126.0	215.0
Repayments of borrowings under the revolving credit facility	(83.0)	(177.0)	(171.0)
Proceeds from issuance of Senior Notes due 2026		250.0
Redemption of Senior Notes due 2021		(207.9)
Payment of debt issuance costs		(4.8)
Founding member integration payments and other encumbered theater payments	12.9	2.4	2.6
Distributions to founding members	(87.3)	(67.6)	(82.7)
Excess tax benefit from share-based compensation			0.1
Proceeds from stock option exercises	0.6	0.5	1.3
Repurchase of stock for restricted stock tax withholding	(4.7)	(4.9)	(1.4)
Net cash used in financing activities	(140.2)	(137.9)	(88.4)
CHANGE IN CASH AND CASH EQUIVALENTS	7.2	(8.7)	18.3
Cash and cash equivalents at beginning of period	23.0	31.7	13.4
Cash and cash equivalents at end of period	30.2	23.0	31.7
Supplemental disclosure of non-cash financing and investing activity:
Purchase of an intangible asset with NCM LLC equity	201.8	21.1	100.7
Accrued distributions to founding members	37.6	39.9	32.4
Accrued integration and other encumbered theater payments from founding members	9.0
Purchase of subsidiary equity with NCM, Inc. equity	84.9		3.2
Accrued purchases of property and equipment	0.4
Increase in cost and equity method investments		2.0	3.1
(Decrease) increase in dividends not requiring cash in the period	(1.0)	0.3	1.8
Supplemental disclosure of cash flow information:
Cash paid for interest	49.9	52.5	49.7
Cash paid for income taxes, net of refunds	$ (1.7)	0.5	$ (2.7)
Senior Notes Due 2021 [Member]
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Redemption premium paid and write-off of debt issuance costs		$ 10.4

Basis of Presentation and Summary of Significant Accounting Policies

12 Months Ended

Dec. 28, 2017

Accounting Policies [Abstract]

Basis of Presentation and Summary of Significant Accounting Policies

1.	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NCM, Inc. was incorporated in Delaware as a holding company with the sole purpose of becoming a member and sole manager of NCM LLC, a limited liability company owned by NCM, Inc., AMC, Regal and Cinemark. The terms “NCM”, “the Company” or “we” shall, unless the context otherwise requires, be deemed to include the consolidated entity. The Company operates the largest digital in-theater network in North America, allowing NCM LLC to sell advertising under ESAs with the founding members and certain third-party theater circuits under long-term network affiliate agreements referred to in this document as “network affiliates”, which have terms from one to twenty years.

As of December 28, 2017, NCM LLC had 154,081,334 common membership units outstanding, of which 76,242,222 (49.5%) were owned by NCM, Inc., 27,871,862 (18.1%) were owned by Cinemark, 27,574,620 (17.9%) were owned by Regal and 22,392,630 (14.5%) were owned by AMC. The membership units held by the founding members are exchangeable into NCM, Inc. common stock on a one-for-one basis.

Basis of Presentation

The Company has prepared its Consolidated Financial Statements and related notes of NCM, Inc. in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain reclassifications have been made to the prior years’ financial statements to conform to the current presentation (refer to Note 6—Income Taxes, whereby the Company reclassified deferred tax balances related to NCM, LLC to reflect the full outside basis differences. In addition, an offsetting valuation allowance was established for the portion of this basis difference that will only reverse upon a sale of the Company’s interest in NCM, LLC. Additionally, refer to the Consolidated Statements of Cash Flows whereby a certain line item previously included within the ‘Other’ caption was broken out separately due to its significance in 2017). These reclassifications had no effect on previously reported results of operations or retained earnings.

As a result of the various related-party agreements discussed in Note 8—Related Party Transactions, the operating results as presented are not necessarily indicative of the results that might have occurred if all agreements were with non-related third parties.

Advertising is the principal business activity of the Company and is the Company’s only reportable segment under the requirements of ASC 280 – Segment Reporting.

Estimates—The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include those related to the reserve for uncollectible accounts receivable, share-based compensation and income taxes. Actual results could differ from those estimates.

Significant Accounting Policies

Accounting Period— The Company has a 52-week or 53-week fiscal year ending on the first Thursday after December 25. Fiscal years 2015, 2016 and 2017 contained 52 weeks. Throughout this document, the fiscal years are referred to as set forth below:

		Reference in
Fiscal Year Ended		this Document
December 28, 2017		2017
December 29, 2016		2016
December 31, 2015		2015

Revenue Recognition—The Company derives revenue principally from the advertising business, which includes on-screen and lobby network (LEN) advertising and lobby promotions and advertising on entertainment websites and mobile applications owned by us and other companies. Revenue is recognized when persuasive evidence of an arrangement exists, delivery occurs or services are rendered, the sales price is fixed and determinable and collectability is reasonably assured. The Company considers the terms of each arrangement to determine the appropriate accounting treatment.

On-screen advertising consists of national and local advertising. National advertising is sold on a cost per thousand (CPM) basis, while local and regional advertising is sold on a per-screen, per-week basis and to a lesser extent on a CPM basis. The Company recognizes national advertising as impressions (or theater attendees) are delivered and recognizes local on-screen advertising revenue during the period in which the advertising airs as dictated by sales contracts. The Company recognizes revenue derived from lobby network and promotions when the advertising is displayed in theater lobbies and recognizes revenue from branded entertainment websites and mobile applications when the online or mobile impressions are served. The Company may make contractual guarantees to deliver a specified number of impressions to view the customers’ advertising. If those contracted number of impressions are not delivered, the Company will run additional advertising to deliver the contracted impressions at a later date. The deferred portion of the revenue associated with the undelivered impressions is referred to as a make-good provision. In rare cases, the Company will make a cash refund of the portion of the contract related to the undelivered impressions. The Company defers the revenue associated with the make-good until the impressions guaranteed in the advertising contract have been satisfied. The make-good provision is recorded within accrued expenses in the Consolidated Balance Sheets. The Company records deferred revenue when cash payments are received, or invoices are issued, in advance of revenue being earned. Deferred revenue is classified as a current liability as it is expected to be earned within the next twelve months.

The Company recorded non-cash revenue of $0.0 million, $0.0 million and $3.1 million during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively, where the Company received equity securities in privately held companies as consideration. The Company recorded the revenue at the estimated fair value of the advertising exchanged based upon the fair value of the advertising sold for cash within contracts.

Barter Transactions—The Company enters into barter transactions that exchange advertising program time for products and services used principally for selling and marketing activities. The Company records barter transactions at the estimated fair value of the advertising exchanged based on fair value received for similar advertising from cash paying customers. Revenues for advertising barter transactions are recognized when advertising is provided, and products and services received are charged to expense when used. Revenue from barter transactions for the years ended December 28, 2017, December 29, 2016 and December 31, 2015 was $0.8 million, $2.5 million and $2.0 million, respectively. Expense recorded from barter transactions for the years ended December 28, 2017, December 29, 2016 and December 31, 2015 was $1.4 million, $2.3 million and $2.5 million, respectively.

Operating Costs—Advertising-related operating costs primarily include personnel and other costs related to advertising fulfillment, payments due to unaffiliated theater circuits under the network affiliate agreements, and to a lesser extent, production costs of non-digital advertising.

Payments to the founding members of a theater access fee is comprised of a payment per theater attendee, a payment per digital screen and a payment per digital cinema projector equipped in the theaters, all of which escalate over time. Refer to Item 7—“Management’s Discussion and Analysis of Financial Condition and Results of Operations” included elsewhere in this document.

Network costs include personnel, satellite bandwidth, repairs, and other costs of maintaining and operating the digital network and preparing advertising and other content for transmission across the digital network.

Cash and Cash Equivalents—All highly liquid debt instruments and investments purchased with an original maturity of three months or less are classified as cash equivalents and are considered available-for-sale securities. There are cash balances in a bank in excess of the federally insured limits or in the form of a money market demand account with a major financial institution.

Restricted Cash—As of December 28, 2017 and December 29, 2016, other non-current assets included restricted cash of $0.0 million and $0.3 million, respectively. As of December 29, 2016, the Company’s restricted cash represented a secured letter of credit used as a lease deposit on the Company’s previous New York office.

Marketable Securities—The Company’s marketable securities are classified as available-for-sale and are reported at fair value. The fair value of substantially all securities is determined by quoted market information and pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The estimated fair value of securities for which there are no quoted market prices is based on similar types of securities that are traded in the market.

Concentration of Credit Risk and Significant Customers —Bad debts are provided for using the allowance for doubtful accounts method based on historical experience and management’s evaluation of outstanding receivables at the end of the period. Receivables are written off when management determines amounts are uncollectible. Trade accounts receivable are uncollateralized and represent a large number of geographically dispersed debtors. The collectability risk with respect to national and regional advertising is reduced by transacting with founding members or large, national advertising agencies who have strong reputations in the advertising industry and clients with stable financial positions. The Company has smaller contracts with thousands of local clients that are not individually significant. As of December 28, 2017 and December 29, 2016, there were no advertising agency groups or individual customers through which the Company sources national advertising revenue representing more than 10% of the Company’s outstanding gross receivable balance. During the years ended December 28, 2017, December 29, 2016 and December 31, 2015, there were no customers that accounted for more than 10% of revenue.

Receivables consisted of the following (in millions):

	As of
	December 28, 2017			December 29, 2016
Trade accounts	$	166.4		$	166.0
Other		0.2			0.8
Less: Allowance for doubtful accounts		(6.0	)		(6.3	)
Total	$	160.6		$	160.5

Long-lived Assets—Property and equipment is stated at cost, net of accumulated depreciation or amortization. Generally, the equipment associated with the digital network of the founding member theaters is owned by the founding members, while the equipment associated with network affiliate theaters is owned by the Company. Major renewals and improvements are capitalized, while replacements, maintenance, and repairs that do not improve or extend the lives of the respective assets are expensed as incurred. The Company records depreciation and amortization using the straight-line method over the following estimated useful lives:

Equipment	4-10 years
Computer hardware and software	3-5 years
Leasehold improvements	Lesser of lease term or asset life

Software and website development costs developed or obtained for internal use are accounted for in accordance with ASC 350—Internal Use Software and ASC 350– Website Development Costs. The subtopics require the capitalization of certain costs incurred in developing or obtaining software for internal use. Software costs related primarily to the Company’s inventory management systems, digital products, digital network distribution system (DCS), and website development costs, which are included in equipment and are depreciated over three to five years. As of December 28, 2017, and December 29, 2016, the Company had a net book value of $16.5 million and $16.6 million, respectively, of capitalized software and website development costs. Depreciation expense related to software and website development was approximately $6.0 million, $3.9 million and $5.0 million for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively. For the years ended December 28, 2017, December 29, 2016 and December 31, 2015, the Company recorded $3.6 million, $3.4 million and $1.5 million in research and development expense, respectively.

The Company assesses impairment of long-lived assets pursuant with ASC 360 – Property, Plant and Equipment. This includes determining if certain triggering events have occurred that could affect the value of an asset. The Company recorded losses of $0.1 million, $0.2 million and $0.4 million related to the write-off of property, plant and equipment during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively.

Intangible assets—Intangible assets consist of contractual rights to provide its services within the theaters of the founding members and network affiliates and are stated at cost, net of accumulated amortization. The Company records amortization using the straight-line method over the contractual life of the intangibles, corresponding to the term of the ESAs or the term of the contract with the network affiliate. Intangible assets are tested for impairment at least annually during the fourth quarter or whenever events or changes in circumstances indicate the carrying value may not be fully recoverable. In its impairment testing, the Company estimates the fair value of its ESAs or network affiliate agreements by determining the estimated future cash flows associated with the ESAs or network affiliate agreements. If the estimated fair value is less than the carrying value, the intangible asset is written down to its estimated fair value. Significant judgment is involved in estimating long-term cash flow forecasts. The Company has not recorded impairment charges related to intangible assets.

Amounts Due to/from Founding Members—Amounts due to/from founding members include amounts due for the theater access fee, offset by a receivable for advertising time purchased by the founding members on behalf of their beverage concessionaire plus any amounts outstanding under other contractually obligated payments. Payments to or received from the founding members against outstanding balances are made monthly. Available cash distributions are made quarterly.

Income Taxes— Income taxes are accounted for under the asset and liability method, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined based on the differences between the financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which differences are expected to be recovered or settled pursuant to the provisions of ASC 740 – Income Taxes. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.

The Company made certain corrections to previously disclosed amounts to correct for an error related to the payable to founding members under the TRA and the related deferred tax asset, deferred tax liability, and additional paid in capital (deficit) balances, as well as related non-operating expenses and tax expense for all periods presented. The Company also made an adjustment to beginning retained earnings as of January 1, 2015 and all related footnotes herein have been adjusted for the correction. Refer to Note 18 – Correction of an Error for additional information.

The Company records a valuation allowance if it is deemed more likely than not that all or a portion of its deferred income tax assets will not be realized, which will be assessed on an on-going basis. In addition, income tax rules and regulations are subject to interpretation and the application of those rules and regulations require judgment by the Company and may be challenged by the taxation authorities. The Company follows ASC 740-10-25, which requires the use of a two-step approach for recognizing and measuring tax benefits taken or expected to be taken in a tax return and disclosures regarding uncertainties in income tax positions. Only tax positions that meet the more likely than not recognition threshold are recognized.

The Company recognizes the tax benefits from uncertain tax positions only when it is more likely than not, based on the technical merits of the position, the tax position will be sustained upon examination, including the resolution of any related appeals or litigation. The tax benefits recognized in the audited Consolidated Financial Statements from such a position are measured as the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. The Company recognizes interest and penalties related to uncertain tax positions in income tax expense.

On December 22, 2017, the U.S. government enacted the Tax Act which makes broad and complex changes to the U.S. tax code that will affect the Company’s fiscal year ending December 27, 2018. Refer to Note 6—Income Taxes.

Debt Issuance Costs—In relation to the issuance of outstanding debt discussed in Note 9—Borrowings, there is a balance of $10.0 million and $12.6 million in deferred financing costs as of December 28, 2017 and December 29, 2016, respectively. The debt issuance costs are being amortized on a straight-line basis over the terms of the underlying obligations and are included in interest on borrowings, which approximates the effective interest method.

The changes in debt issuance costs are as follows (in millions):

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Beginning balance	$	12.6		$	12.9		$	15.5
Debt issuance payments		—			4.8			—
Amortization of debt issuance costs		(2.6	)		(2.6	)		(2.6	)
Write-off of debt issuance costs		—			(2.5	)		—
Ending balance	$	10.0		$	12.6		$	12.9

Share-Based Compensation— Through 2012, the Company issued stock options, restricted stock and restricted stock units. Since 2013, the Company has only issued restricted stock and restricted stock units. Restricted stock and restricted stock units vest upon the achievement of Company three-year cumulative performance measures and service conditions or only service conditions whereby they vest ratably over three years. Compensation expense of restricted stock that vests upon the achievement of Company performance measures is based on management’s financial projections and the probability of achieving the projections, which require considerable judgment. A cumulative adjustment is recorded to share-based compensation expense in periods that management changes its estimate of the number of shares expected to vest. Ultimately, the Company adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. Dividends are accrued when declared on unvested restricted stock that is expected to vest and are only paid with respect to shares that actually vest.

Compensation cost of stock options was based on the estimated grant date fair value using the Black-Scholes option pricing model, which requires that the Company make estimates of various factors. Under the fair value recognition provisions of ASC 718 Compensation – Stock Compensation, the Company recognizes share-based compensation net of an estimated forfeiture rate, and therefore only recognizes compensation cost for those shares expected to vest over the requisite service period of the award. Refer to Note 10—Share-Based Compensation for more information.

Fair Value Measurements— Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three levels and bases the categorization within the hierarchy upon the lowest level of input that is available and significant to the fair value measurement:

Level 1 – Quoted prices in active markets for identical assets or liabilities.

Level 2 – Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3 – Inputs that are generally unobservable and typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability.

Derivative Instruments— NCM LLC terminated its interest rate swap agreements that were used to hedge its interest rate risk associated with its term loan. The Company amortized into earnings the balance in Accumulated Other Comprehensive Income (“AOCI”) related to these swaps over the remaining period of the term loan.

Consolidation—NCM, Inc. consolidates the accounts of NCM LLC under the provisions of ASC 810, Consolidation (“ASC 810”). Under Accounting Standards Update 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis (“ASU 2015-02”), a limited partnership is a variable interest entity unless a simple majority or lower threshold of all limited partners unrelated to the general partner have kick-out or participating rights. The non-managing members of NCM LLC do not have dissolution rights or removal rights. NCM, Inc. has evaluated the provisions of the NCM LLC membership agreement and has concluded that the various rights of the non-managing members are not substantive participating rights under ASC 810, as they do not limit NCM, Inc.’s ability to make decisions in the ordinary course of business. As such, the Company concluded that NCM LLC is a variable interest entity and determined that NCM, Inc. should consolidate the accounts of NCM LLC pursuant to ASU 2015-02 because 1) it has the power to direct the activities of NCM LLC in its role as managing member and 2) NCM, Inc. has the obligation to absorb losses of, or the right to receive benefits from, NCM LLC that could potentially be significant provided its 49.5% ownership in NCM LLC. Prior to the prospective adoption of ASU 2015-02 in the first quarter of 2016, the Company reached the same conclusion under previous guidance in ASC 810 to consolidate NCM LLC.

The following table presents the changes in NCM, Inc.’s equity resulting from net income attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Net income attributable to NCM, Inc.	$	2.5		$	20.4		$	11.3
NCM LLC equity issued for purchase of intangible asset		78.8			9.2			44.4
Income tax and other impacts of NCM LLC ownership changes (1)		42.5			(3.0	)		(15.2	)
NCM, Inc. investment in NCM LLC		(84.9	)		—			(3.2	)
Issuance of shares		84.7			—			3.2
Change from net income attributable to NCM, Inc. and transfers from noncontrolling interests	$	123.6		$	26.6		$	40.5

(1)

Recently Adopted Accounting Pronouncements

In the first quarter of 2017, the Company adopted Accounting Standards Update 2016-07, Investments- Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting (“ASU 2016-07”) on a prospective basis. ASU 2016-07 eliminates the requirement to apply the equity method of accounting retrospectively when a reporting entity obtains significant influence over a previously held investment. The adoption of ASU 2016-07 did not have a material impact on the unaudited Consolidated Financial Statements or notes thereto.

In the first quarter of 2017, the Company adopted Accounting Standards Update 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control (“ASU 2016-17”) on a retrospective basis to all periods since its adoption of Accounting Standards Update 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis (“ASU 2015-02”) in the first quarter of 2016. ASU 2016-17 changes the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. If a reporting entity satisfies the first characteristic of a primary beneficiary (such that it is the single decision maker of a variable interest entity), the amendments require that reporting entity, in determining whether it satisfies the second characteristic of a primary beneficiary, to include all of its direct variable interests in a variable interest entity and, on a proportionate basis, its indirect variable interests in a variable interest entity held through related parties, including related parties that are under common control with the reporting entity. The adoption of ASU 2016-17 did not have a material impact on the audited Consolidated Financial Statements or notes thereto.

Recently Issued Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), which supersedes the revenue recognition requirements in Accounting Standards Codification 605, Revenue Recognition. The new revenue recognition standard requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. In August 2015, the FASB revised the effective date for this standard to annual and interim periods beginning on or after December 15, 2017, with early adoption permitted, but not earlier than the original effective date of annual and interim periods beginning after December 15, 2016, for public entities. ASU 2014-09 allows for either a full retrospective or a modified retrospective transition method. The Company adopted this guidance using the modified retrospective transition method on December 29, 2017. The Company identified the same performance obligations under ASU 2014-09 as compared with deliverables and separate units of account previously identified. ASU 2014-09 impacted the accounting for barter transactions where the Company exchanges advertising time for products and services used principally for selling and marketing activities. Through the year ended December 28, 2017, the Company recognized revenue for these transactions at the estimated fair value of the advertising exchanged based on the fair value received for similar advertising from cash paying customers. Under ASU 2014-09, the Company will recognize revenue for these transactions based upon the fair value of the products and services received, rather than the value of the advertising provided. The modified retrospective transition method allows entities to apply the new revenue standard prospectively and record a cumulative-effect adjustment to the opening balance of retained earnings in the period the new revenue standard is first applied. Upon the adoption of ASU 2014-09 on December 29, 2017, the Company expects to record an immaterial cumulative-effect adjustment related to the change in accounting for barter transactions. The Company does not expect the adoption of ASU 2014-09 to have a material impact on the Consolidated Financial Statements. The Company will incorporate additional disclosures in its notes to its Consolidated Financial Statements to comply with ASU 2014-09 effective in the first quarter of 2018. The Company has designed and implemented changes to certain processes and internal controls related to its adoption of ASU 2014-09.

In January 2016, the FASB issued Accounting Standards Update 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”), which requires equity investments that are not accounted for under the equity method of accounting to be measured at fair value with changes recognized in earnings (rather than reported through other comprehensive income) and updates certain presentation and disclosure requirements. The guidance is effective for reporting periods (interim and annual) beginning after December 15, 2017, for public companies and should be adopted on a prospective basis. The Company is currently evaluating the impact that adopting this guidance will have on the audited Consolidated Financial Statements or notes thereto.

In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 establishes a right-of-use (“ROU”) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than twelve months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently evaluating the impact that adopting this guidance will have on the audited Consolidated Financial Statements or notes thereto.

In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Statements (“ASU 2016-13”), which requires a financial asset (or group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial asset(s) to present the net carrying value at the amount expected to be collected on the financial asset. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted and is to be adopted on a modified retrospective basis. The Company does not expect the adoption of ASU 2016-13 to have a material impact on the Consolidated Financial Statements.

In August 2016, the FASB issued Accounting Standards Update 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), which provides guidance on how certain cash receipts and cash payments are to be presented and classified in the statement of cash flows. The Company adopted this guidance using the retrospective transition method on December 29, 2017. The Company will present the Consolidated Statement of Cash Flows in accordance with ASU 2016-15 effective in the first quarter of 2018.The Company does not expect the adoption of ASU 2016-15 to have a material impact on the Consolidated Financial Statements.

In November 2016, the FASB issued Accounting Standards Update 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”), which requires that the reconciliation of the beginning-of-period and end-of-period amounts shown in the statement of cash flows include restricted cash and restricted cash equivalents. If restricted cash is presented separately from cash and cash equivalents on the balance sheet, companies will have to reconcile the amounts presented on the statement of cash flows to the amounts on the balance sheet. Companies will also need to disclose information about the nature of the restrictions. The Company adopted this guidance on December 29, 2017. The Company does not expect the adoption of ASU 2016-18 to have a material impact on the Consolidated Financial Statements.

The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its audited Consolidated Financial Statements or notes thereto.

Earnings Per Share

12 Months Ended

Dec. 28, 2017

Earnings Per Share [Abstract]

Earnings Per Share

2.	EARNINGS PER SHARE

Basic earnings per share is computed on the basis of the weighted average number of common shares outstanding. Diluted earnings per share is computed on the basis of the weighted average number of common shares outstanding plus the effect of potentially dilutive common stock options, restricted stock, and exchangeable NCM LLC common units using the treasury stock method. The components of basic and diluted earnings per NCM, Inc. share are as follows:

	Years Ended
	December 28, 2017			December 29, 2016		December 31, 2015
Net income attributable to NCM, Inc. (in millions)		$	2.5	$	20.4	$	11.3
Net income attributable to NCM, Inc. following conversion of dilutive membership units (net of estimated taxes of $55.1, $0.0, and $0.0)		$	3.6	$	20.4	$	11.3
Weighted average shares outstanding:
Basic			65,226,817		59,788,026		58,979,508
Add: Dilutive effect of stock options, restricted stock, and exchangeable NCM LLC common membership units			85,840,453		817,544		609,791
Diluted			151,067,270		60,605,570		59,589,299
Earnings per NCM, Inc. share:
Basic		$	0.04	$	0.34	$	0.19
Diluted		$	0.02	$	0.34	$	0.19

The diluted weighted average shares outstanding assumes the conversion of all founding member common units to NCM, Inc. shares for the year ended December 28, 2017. Upon the conversion of all common units, all of consolidated NCM LLC net income would be attributable to NCM, Inc. and thus has been utilized as the numerator of the diluted EPS calculation. Consolidated NCM LLC net income has been tax effected utilizing NCM, Inc.’s effective tax rate of 98.1% for the year ended December 28, 2017. The effect of the 77,020,686 and 71,439,992 exchangeable NCM LLC common membership units held by the founding members for the years ended December 29, 2016 and December 31, 2015, respectively, were excluded from the calculation of diluted weighted average shares and earnings per NCM, Inc. share as they were antidilutive in those periods. NCM LLC common membership units do not participate in dividends paid on NCM Inc.’s common shares. In addition, there were 2,583,196, 16,657 and 64,519 stock options and non-vested (restricted) shares for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively, excluded from the calculation as they were antidilutive, primarily because exercise prices associated with those shares were above the average market value. The Company’s non-vested (restricted) shares do not meet the definition of a participating security as the dividends will not be paid if the shares do not vest.

Property and Equipment

12 Months Ended

Dec. 28, 2017

Property Plant And Equipment [Abstract]

Property and Equipment

3.	PROPERTY AND EQUIPMENT

The following is a summary of property and equipment, at cost less accumulated depreciation (in millions):

	As of
	December 28, 2017			December 29, 2016
Equipment, computer hardware and software	$	92.9		$	86.6
Leasehold improvements		4.0			3.4
Less: Accumulated depreciation		(70.4	)		(64.1	)
Subtotal		26.5			25.9
Construction in progress		4.2			3.7
Total property and equipment	$	30.7		$	29.6

For the years ended December 28, 2017, December 29, 2016 and December 31, 2015, the Company recorded depreciation expense of $10.9 million, $8.6 million, and $9.6 million, respectively.

Intangible Assets

12 Months Ended

Dec. 28, 2017

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

4.	INTANGIBLE ASSETS

The Company’s intangible assets consist of contractual rights to provide its services within the theaters of the founding members and network affiliates. The Company records amortization using the straight-line method over the contractual life of the intangibles, corresponding to the term of the ESAs or the term of the contract with the network affiliate. The Company’s intangible assets with the founding members are recorded at the fair market value of NCM, Inc.’s publicly traded stock as of the date on which the common membership units were issued. The NCM LLC common membership units are fully convertible into NCM, Inc.’s common stock. The Company also records intangible assets for upfront fees paid to network affiliates upon commencement of a network affiliate agreement. Pursuant to ASC 350-10—Intangibles—Goodwill and Other, the Company’s intangible assets have a finite useful life and the Company amortizes the assets over the remaining useful life corresponding with the ESAs or the term of the contract with the network affiliate.

In accordance with NCM LLC’s Common Unit Adjustment Agreement with its founding members, on an annual basis NCM LLC determines the amount of common membership units to be issued to or returned by the founding members based on theater additions or dispositions during the previous year. In addition, NCM LLC’s Common Unit Adjustment Agreement requires that a Common Unit Adjustment occur for a specific founding member if its acquisition or disposition of theaters, in a single transaction or cumulatively since the most recent Common Unit Adjustment, results in an attendance increase or decrease in excess of two percent of the annual total attendance at the prior adjustment date.

If an existing on-screen advertising agreement with an alternative provider is in place with respect to any acquired theaters, the founding members may elect to receive common membership units related to those encumbered theaters in connection with the Common Unit Adjustment. If the founding members make this election, then they are required to make payments on a quarterly basis in arrears in accordance with certain run-out provisions pursuant to the ESAs (“integration payments”). Because the Carmike and Rave theaters are subject to an existing on-screen advertising agreement with an alternative provider, AMC and Cinemark will make integration payments to NCM LLC. The integration payments will continue until the earlier of (i) the date the theaters are transferred to NCM LLC’s network or (ii) the expiration of the ESA. Integration payments are calculated based upon the advertising cash flow that the Company would have generated if it had exclusive access to sell advertising in the theaters with pre-existing advertising agreements. The ESA additionally entitles NCM LLC to payments related to the founding members’ on-screen advertising commitments under their beverage concessionaire agreements for encumbered theaters (“encumbered theater payments”). These payments are also accounted for as a reduction to the intangible asset. If common membership units are issued to a founding member for newly acquired theaters that are subject to an existing on-screen advertising agreement with an alternative provider, the amortization of the intangible asset commences after the existing agreement expires and NCM LLC can utilize the theaters for all of its services.

The following is a summary of the Company’s intangible asset’s activity (in millions) during 2017 and 2016:

	As of December 29, 2016			Additions (1)		Amortization			Integration and other encumbered theater payments (3)			As of December 28, 2017
Gross carrying amount	$	679.4		$	204.1	$	—		$	(20.9	)	$	862.6
Accumulated amortization		(118.9	)		—		(26.5	)		—			(145.4	)
Total intangible assets, net	$	560.5		$	204.1	$	(26.5	)	$	(20.9	)	$	717.2

	As of December 31, 2015			Additions (2)		Amortization			Integration and other encumbered theater payments (3)			As of December 29, 2016
Gross carrying amount	$	658.6		$	23.4	$	—		$	(2.6	)	$	679.4
Accumulated amortization		(91.9	)		—		(27.0	)		—			(118.9	)
Total intangible assets, net	$	566.7		$	23.4	$	(27.0	)	$	(2.6	)	$	560.5

(1)

During the first quarter of 2017, NCM LLC issued 2,351,029 common membership units to its founding members for the rights to exclusive access to net new theater screens and attendees added by the founding members to NCM LLC’s network during 2016. During the first quarter of 2017, the Company issued 18,425,423 NCM LLC common membership units to AMC in respect of the annual attendance at the acquired Carmike theaters in accordance with the Common Unit Adjustment Agreement. AMC’s acquisition of Carmike meets the criteria for a Common Unit Adjustment because it resulted in an extraordinary attendance increase of approximately 9.5%. Further, the Final Judgment required AMC to transfer advertising rights to 17 theaters from NCM LLC to another advertising provider. Pursuant to the MOU, AMC surrendered 4,657,673 NCM LLC common membership units in respect of such theaters. The 4,657,673 NCM LLC common membership units were comprised of (i) 2,850,453 NCM LLC common membership units pursuant to the adjustment for divested theaters in the Common Unit Adjustment Agreement and (ii) an additional 1,807,220 NCM LLC common membership units valued at $25.0 million to compensate for NCM LLC’s lost operating income for these theaters during the 10-year term of the Final Judgment. NCM LLC recorded a net intangible asset of $201.8 million in the first quarter of 2017 as a result of these Common Unit Adjustments.

During 2017, the Company purchased intangible assets for $2.1 million associated with network affiliate agreements.

During 2017, the Company purchased intangible assets for $0.2 million associated with acquired software.

(2)

During the first quarter of 2016, NCM LLC issued 1,416,515 common membership units to its founding members for the rights to exclusive access to net new theater screens and attendees added by the founding members to NCM LLC’s network during 2015. NCM LLC recorded a net intangible asset of $21.1 million in the first quarter of 2016 as a result of the Common Unit Adjustment.

During 2016, the Company purchased intangible assets for $2.3 million associated with network affiliate agreements.

(3)

Carmike and Rave Cinemas had pre-existing advertising agreements for some of the theaters it owned prior to their acquisitions by AMC and Cinemark. As a result, AMC and Cinemark will make integration and other encumbered theater payments over the remaining term of those agreements. During the year ended December 28, 2017 and December 29, 2016, NCM LLC recorded a reduction to net intangible assets of $20.9 million and $2.6 million, respectively, related to integration and other encumbered theater payments due from AMC and Cinemark. During the year ended December 28, 2017 and December 29, 2016, AMC and Cinemark paid a total of $12.9 million and $2.4 million, respectively related to integration and other encumbered theater payments.

As of December 28, 2017 and December 29, 2016, the Company’s intangible assets related to the founding members, net of accumulated amortization was $687.1 million and $529.9 million, respectively with weighted average remaining lives of 19.2 years and 20.2 years as of December 28, 2017 and December 29, 2016, respectively.

As of December 28, 2017 and December 29, 2016, the Company’s intangible assets related to the network affiliates, net of accumulated amortization was $30.0 million and $30.6 million, respectively with weighted average remaining lives of 11.0 years and 12.7 years as of December 28, 2017 and December 29, 2016, respectively.

As of December 28, 2017 and December 29, 2016, the Company’s intangible assets related to acquired software, net of accumulated amortization was $0.1 million and $0.0 million, respectively with weighted average remaining lives of 2.5 years and 0.0 years as of December 28, 2017 and December 29, 2016, respectively.

For the years ended December 28, 2017, December 29, 2016 and December 31, 2015, the Company recorded amortization expense of $26.5 million, $27.0 million and $22.6 million, respectively. The estimated aggregate amortization expense for each of the five succeeding years is as follows (in millions):

Year	Amortization
2018	$	26.5
2019	$	26.3
2020	$	26.3
2021	$	26.3
2022	$	25.9

Accrued Expenses

12 Months Ended

Dec. 28, 2017

Payables And Accruals [Abstract]

Accrued Expenses

5.	ACCRUED EXPENSES

The following is a summary of the Company’s accrued expenses (in millions):

	As of
	December 28, 2017		December 29, 2016
Make-good reserve	$	5.5	$	4.6
Accrued interest		11.6		11.3
Deferred rent		0.8		1.8
Other accrued expenses		2.0		1.9
Total accrued expenses	$	19.9	$	19.6

Income Taxes

12 Months Ended

Dec. 28, 2017

Related Party Transactions

Income Taxes

6.	INCOME TAXES

The Company is subject to taxation in the U.S. and various states. The Company’s tax returns for the calendar years 2014 through 2016 remain open to examination by the IRS in their entirety. With respect to state taxing jurisdictions, the Company’s tax returns for calendar years ended 2012 through 2016 are eligible for examination by various state revenue services.

Tax Receivable Agreement—On the IPO date, NCM, Inc. and the founding members entered into a tax receivable agreement. Under the terms of this agreement, NCM, Inc. will make cash payments to the founding members in amounts equal to 90% of NCM, Inc.’s actual tax benefit realized from the tax amortization of the intangible assets described below. For purposes of the tax receivable agreement, cash savings in income and franchise tax will be computed by comparing NCM, Inc.’s actual income and franchise tax liability to the amount of such taxes that NCM, Inc. would have been required to pay had there been no increase in NCM, Inc.’s proportionate share of tax basis in NCM LLC’s tangible and intangible assets and had the tax receivable agreement not been entered into. The tax receivable agreement applies to NCM, Inc.’s taxable years up to and including the 30^th anniversary date of the offering. The Company paid the founding members $18.8 million in 2017 ($18.8 million was net operating loss carrybacks for the 2016 tax year), $25.3 million in 2016 ($2.7 million was net operating loss carrybacks for the 2013 tax year and $22.6 million for the 2015 tax year), and $21.1 million in 2015 ($0.9 million was net operating loss carrybacks for the 2009, 2010 and 2011 tax year and $20.2 million for the 2014 tax year).

NCM, Inc. recorded a long-term payable to founding members related to the tax receivable agreement, which is recorded at its fair value. The Company recorded accretion of interest on the discounted payable of $18.5 million, $19.6 million and $19.4 million for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively. Further, changes in the tax rate each period resulted in re-measurement of the payable of $(103.6) million, $1.0 million and $(2.9) million during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively.

Provision for Income Taxes—The Company has provided total income taxes, as follows (in millions):

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Current:
Federal	$	(1.6	)	$	(2.5	)	$	4.5
State		—			0.2			1.2
Total current income tax (benefit)/expense	$	(1.6	)	$	(2.3	)	$	5.7
Deferred:
Federal	$	102.0		$	9.1		$	11.3
State		28.6			0.7			2.5
Total deferred income tax expense	$	130.6		$	9.8		$	13.8
Total income tax provision on Consolidated Statements of Income	$	129.0		$	7.5		$	19.5
Income tax expense on other comprehensive income	$	—		$	—		$	0.3

A reconciliation of the provision for income taxes as reported and the amount computed by multiplying income before taxes, less noncontrolling interest, by the U.S. federal statutory rate of 35% was (in millions):

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Provision calculated at federal statutory income tax rate:
Income before income taxes	$	65.6		$	31.4		$	27.7
Less: Noncontrolling interests		(19.7	)		(21.6	)		(16.9	)
Income attributable to NCM, Inc.		45.9			9.8			10.8
Current year change to enacted federal and state rate (1)		81.2			(1.9	)		1.9
State and local income taxes, net of federal benefit		4.9			1.3			1.3
NCM LLC income taxes		0.2			0.1			0.1
Share-based compensation		0.8			(0.1	)		0.3
Uncertain tax positions (2)		(1.7	)		(2.9	)		4.9
Change in the valuation allowance		(4.2	)		—			—
NCM LLC membership unit issuance to NCM, Inc.		0.5			0.9			0.2
Other		1.4			0.3			—
Total income tax provision	$	129.0		$	7.5		$	19.5

(1)

Refer to the discussion of the impact of the Tax Act within the ‘Tax Reform’ section below.

(2)

During the year ended December 31, 2015, the Company established a reserve for material, known tax exposures of $4.9 million, including accrued interest and penalties. The reserve relates to tax exposures from prior periods (2010 through 2014). The impact of this reserve was a total out of period impact of $4.9 million to income tax expense and income tax payable in the audited Consolidated Financial Statements during 2015. During the years ended December 28, 2017 and December 29, 2016, the Company reversed approximately $1.7 million of its reserve ($1.3 million of unrecognized tax benefits and $0.4 million of accrued interest and penalties) and $2.9 million of its reserve ($2.3 million of income tax benefits and $0.6 million of accrued interest and penalties), respectively, because the statute of limitations expired. Further information is provided below.

Deferred Tax Assets—Significant components of the Company’s deferred tax assets consisted of the following (in millions):

	Years Ended
	December 28, 2017			December 29, 2016
Deferred tax assets:
Investment in consolidated subsidiary NCM LLC (1)	$	241.0		$	384.4
Share-based compensation		3.7			6.3
Net operating losses		12.7			11.4
Accrued bonus		0.4			0.8
Other		1.3			1.6
Total gross deferred tax assets	$	259.1		$	404.5
Valuation allowance (1)		(98.1	)		(110.3	)
Total deferred tax assets, net of valuation allowance	$	161.0		$	294.2

(1)

During the year ended December 28, 2017, the Company recorded a reduction to its deferred tax assets of approximately $32.2 million related to the tax affected difference between the tax basis and book basis of the intangible assets recorded for the extraordinary Common Unit Adjustment and offsetting integration payments, as discussed further in Note 3 – Intangible Assets. These items also resulted in a net reduction to additional paid-in capital of approximately $32.2 million. Further, the Company recognized a deferred tax asset related to a tax basis note receivable of $27.7 million in connection with the common membership unit redemptions that occurred in the third and fourth quarter of 2017, as discussed further in Note 4 – Related Party Transactions.

Tax Reform— On December 22, 2017, the U.S. government enacted the Tax Act which makes broad and complex changes to the U.S. tax code that will affect the Company’s fiscal year ending December 27, 2018, including, but not limited to, (1) reducing the U.S. federal corporate tax rate, (2) allowing full expensing of qualified property, (3) creating a new limitation on deductible interest expense; (4) changing rules related to uses and limitations of net operating loss carryforwards created in tax years beginning after December 31, 2017, and (5) limiting the amount of compensation that can be deducted for highly compensated officers by terminating the exclusion of performance-based compensation from the $1 million per employee, per year limitation. Following the enactment of the Tax Act, the SEC staff issued SAB 118 which provides guidance on accounting for the tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the Tax Act enactment date for companies to complete the accounting under ASC 740. While the Company is able to make a reasonable estimate of the impact of the reduction in the corporate tax rate, the Company’s accounting for various elements of the Tax Act may be affected by other related analysis including, but not limited to, bonus depreciation that will allow for immediate expensing of qualified property and the state tax effect of adjustments made to federal temporary differences. As such, the impact of the Tax Act is an estimate pending further information and the analysis noted. The decrease in the U.S. federal corporate tax rate decreased NCM, Inc.’s blended state and federal rate from 38.58% to 25.38% during the year ended December 28, 2017.

The Company recorded a $97.5 million reduction to the ‘Payable to founding members under the tax receivable agreement’ related to the reduction of the U.S. federal corporate tax rate. The reduction was recorded as a gain of $97.5 million within non-operating income within the Consolidated Statements of Income. Additionally, the Company revalued its deferred balances utilizing the lower blended state and federal rate resulting in a reduction of the net deferred tax asset of $81.2 million. The reduction of the net deferred tax asset was recorded as an increase in deferred tax expense.

Carryforwards— As of December 28, 2017, the Company had gross federal net operating loss carryforwards of approximately $46.4 million, which expire in 2034 through 2037. As of December 28, 2017, the Company had gross state net operating loss carryforwards of approximately $62.5 million, which expire at various dates between 2018 and 2037. As of December 28, 2017, the Company had gross capital loss carryforwards of approximately $1.3 million, which expire in 2021.

Uncertain Tax Positions— The Company has established a reserve for material, known tax exposures. As of December 28, 2017 and December 29, 2016, the total amount of the tax reserve was $0.3 million and $2.0 million, including accrued interest and penalties, respectively. During the year ended December 28, 2017, the Company reversed approximately $1.7 million of its contingency reserve ($1.3 million of unrecognized tax benefits and $0.4 million of accrued interest and penalties) because the statute of limitations expired. It is reasonably possible that the Company’s total unrecognized tax benefits will decrease by approximately $0.3 million during the next twelve months due to the expiration of certain statutes of limitations. The Company’s reserve reflects management’s judgment as to the resolution of the issues involved if subject to judicial review or other settlement. While the Company believes its reserves are adequate to cover reasonably expected tax risks, there can be no assurance that, in all instances, an issue raised by a tax authority will be resolved at a financial cost that does not exceed its related reserve. With respect to the reserve, the Company’ income tax expense would include (i) any changes in tax reserves arising from material changes during the period in the facts and circumstances (i.e., new information) surrounding a tax issue and (ii) any difference from the Company’s tax position as recorded in the financial statements and the final resolution of a tax issue during the period. Such resolution could materially increase or decrease income tax expense in the audited Consolidated Financial Statements in future periods and could impact operating cash flows.

Unrecognized tax benefits represent the aggregate tax effect of differences between tax return positions and the amounts otherwise recognized in the audited Consolidated Financial Statements. A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties, is as follows (in millions):

	Years Ended
	December 28, 2017			December 29, 2016
Balance at beginning of period	$	1.6		$	3.9
Additions based on tax positions related to prior years		—			—
Reductions based on the lapse of applicable statute of limitations		(1.3	)		(2.3	)
Balance at end of period	$	0.3		$	1.6

The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate was $0.3 million and $1.6 million as of December 28, 2017 and December 29, 2016, respectively, excluding interest and penalties. It is reasonably possible that the Company’s total unrecognized tax benefits will decrease by approximately $0.3 million during the next twelve months due to the expiration of certain statutes of limitations. The Company has accrued $0.0 million and $0.4 million for the payment of interest and penalties as of December 28, 2017 and December 29, 2016, respectively.

The Company recognizes interest and penalties with respect to unrecognized tax benefits in income tax expense in the Consolidated Statements of Income and records the liability in income taxes payable in the Consolidated Balance Sheets in accordance with ASC 740. The Company recognized 0.0 million, $(0.6) million and $1.0 million in interest and penalties during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively.

Equity

12 Months Ended

Dec. 28, 2017

Stockholders Equity Note [Abstract]

Equity

EQUITY

As of December 28, 2017, the Company has authorized capital stock of 175,000,000 shares of common stock, par value of $0.01 per share, and 10,000,000 shares of preferred stock, par value of $0.01 per share. There were no shares of preferred stock issued or outstanding as of December 28, 2017. There were 76,242,222 shares of common stock issued and outstanding as of December 28, 2017.

The holders of NCM Inc. common stock are entitled to one vote per share on all matters submitted for action by the NCM Inc. stockholders. Holders of common stock are entitled to share equally, share for share, in declared dividends.

The authorized but unissued shares of common stock and preferred stock are available for future issuance without stockholder approval. These additional shares may be used for a variety of corporate purposes, including share based compensation, future public offerings to raise additional capital, corporate acquisitions and exchange on a one-for-one basis under the founding members’ right to convert their NCM LLC membership units into Company common stock.

NCM LLC’s founding members received all proceeds from NCM, Inc.’s IPO and related issuances of debt, except for amounts needed to pay out-of-pocket costs of the financings and other expenses. The ESAs with the founding members were amended and restated in conjunction with the IPO under which NCM LLC became the exclusive provider of advertising services to the founding members for a 30-year term. In conformity with accounting guidance of the SEC concerning monetary consideration paid to promoters, such as the founding members, in exchange for property conveyed by the promoters, the excess over predecessor cost was treated as a special distribution. Because the founding members had no cost basis in the ESAs, nearly all payments to the founding members with the proceeds of the IPO and related debt, have been accounted for as distributions. The distributions by NCM LLC to the founding members made at the date of the IPO resulted in a consolidated stockholders’ deficit. As a noncontrolling interest cannot be shown as an asset, the founding members’ interest in NCM LLC’s members equity is included in distributions in excess of paid in capital in the accompanying Consolidated Balance Sheets.

Related Party Transactions

12 Months Ended

Dec. 28, 2017

8.	RELATED PARTY TRANSACTIONS

Founding Member Transactions— In connection with the IPO, the Company entered into several agreements to define and regulate the relationships among NCM, Inc., NCM LLC and the founding members. They include the following:

•

ESAs. Under the ESAs, NCM LLC is the exclusive provider within the United States of advertising services in the founding members’ theaters (subject to pre-existing contractual obligations and other limited exceptions for the benefit of the founding members). The advertising services include the use of the DCN equipment required to deliver the on-screen advertising and other content included in the Noovie pre-show, use of the LEN and rights to sell and display certain lobby promotions. Further, 30 to 60 seconds of advertising included in the Noovie pre-show is sold to the founding members to satisfy the founding members’ on-screen advertising commitments under their beverage concessionaire agreements. In consideration for access to the founding members’ theaters, theater patrons, the network equipment required to display on-screen and LEN video advertising and the use of theaters for lobby promotions, the founding members receive a monthly theater access fee.

•

Common Unit Adjustment Agreement. The common unit adjustment agreement provides a mechanism for increasing or decreasing the membership units held by the founding members based on the acquisition or construction of new theaters or sale of theaters that are operated by each founding member and included in NCM LLC’s network.

•

Tax Receivable Agreement. The tax receivable agreement provides for the effective payment by NCM, Inc. to the founding members of 90% of the amount of cash savings, if any, in U.S. federal, state and local income tax or franchise tax that is actually realized as a result of certain increases in NCM, Inc.’s proportionate share of tax basis in NCM LLC’s tangible and intangible assets resulting from the IPO and related transactions.

•

Software License Agreement. At the date of the Company’s IPO, NCM LLC was granted a perpetual, royalty-free license from the founding members to use certain proprietary software that existed at the time for the delivery of digital advertising and other content through the DCN to screens in the U.S. NCM LLC has made improvements to this software since the IPO date and NCM LLC owns those improvements, except for improvements that were developed jointly by NCM LLC and the founding members, if any.

Following is a summary of the transactions between the Company and the founding members (in millions):

	Years Ended
Included in the Consolidated Statements of Income:	December 28, 2017		December 29, 2016		December 31, 2015
Revenue:
Beverage concessionaire revenue (included in advertising revenue) (1)	$	29.9	$	28.7	$	30.0
Advertising inventory revenue (included in advertising revenue) (2)		—		0.4		0.2
Operating expenses:
Theater access fee (3)		76.5		75.1		72.5
Purchase of movie tickets and concession products and rental of theater space (included in selling and marketing costs) (4)		2.1		1.6		1.2
Purchase of movie tickets and concession products and rental of theater space (included in advertising operating costs)		0.1		—		—
Purchase of movie tickets and concession products and rental of theater space (included in other administrative and other costs)		—		0.1		0.1
Non-operating expenses:
Interest income from notes receivable (included in interest income) (5)		0.6		0.8		1.0

(1)

For the full years ended December 28, 2017 and December 29, 2016, and the six months ended December 31, 2015, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds (with all three founding members having a right to purchase up to 90 seconds) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a 30 second equivalent CPM rate specified by the ESA. For the first six months of 2015, all of the founding members purchased 60 seconds of on-screen advertising time.

(2)

The value of such purchases is calculated by reference to NCM LLC’s advertising rate card.

(3)

Comprised of payments per theater attendee, payments per digital screen with respect to the founding member theaters included in the Company’s network and payments for access to higher quality digital cinema equipment.

(4)

Used primarily for marketing to NCM LLC’s advertising clients.

(5)

Refer to the discussion of the Fathom Events sale under AC JV, LLC transactions below.

	As of
Included in the Consolidated Balance Sheets:	December 28, 2017		December 29, 2016
Current portion of note receivable - founding members (1)	$	4.2	$	5.6
Long-term portion of note receivable - founding members (1)		4.1		8.3
Interest receivable on notes receivable (included in other current assets)		—		0.3
Common unit adjustments, net of amortization and integration payments (included in intangible assets)		687.1		529.9
Current payable to founding members under tax receivable agreement		19.6		18.4
Long-term payable to founding members under tax receivable agreement		114.0		212.3

(1)

Refer to the discussion of the Fathom Events sale under AC JV, LLC transactions below.

At the date of the Company’s IPO, NCM LLC was granted a perpetual, royalty-free license from the founding members to use certain proprietary software that existed at the time for the delivery of digital advertising and other content through the DCN to screens in the U.S. NCM LLC has made improvements to this software since the IPO date and NCM LLC owns those improvements, except for improvements that were developed jointly by NCM LLC and the founding members, if any.

On March 16, 2015, the Company announced the termination of an Agreement and Plan of Merger (the “Merger Agreement”) with Screenvision. After the Merger Agreement was terminated, NCM LLC reimbursed NCM, Inc. for certain expenses pursuant to an indemnification agreement among NCM LLC, NCM, Inc. and the founding members. On March 17, 2015, NCM LLC paid Screenvision an approximate $26.8 million termination payment on behalf of NCM, Inc. During the year ended December 31, 2015, NCM LLC also either paid directly or reimbursed NCM, Inc. for the legal and other merger-related costs of approximately $15.0 million ($7.5 million incurred by NCM, Inc. during the year ended January 1, 2015 and approximately $7.5 million incurred by NCM LLC during the year ended December 31, 2015). The Company and the founding members each bore a pro rata portion of the termination fee and the related merger expenses based on their aggregate ownership percentages in NCM LLC when the expenses were incurred.

Pursuant to the terms of the NCM LLC Operating Agreement in place since the completion of the IPO, NCM LLC is required to make mandatory distributions on a proportionate basis to its members of available cash, as defined in the NCM LLC Operating Agreement, on a quarterly basis in arrears. Mandatory distributions for the years ended December 28, 2017, December 29, 2016 and December 31, 2015 are as follows (in millions):

	Years Ended
	December 28, 2017		December 29, 2016		December 31, 2015
AMC	$	27.1	$	23.6	$	23.8
Cinemark		29.1		25.4		28.7
Regal		28.8		26.1		29.6
Total founding members		85.0		75.1		82.1
NCM, Inc.		75.9		57.5		66.4
Total	$	160.9	$	132.6	$	148.5

Due to the merger termination fee and related merger expenses, the mandatory distributions of available cash by NCM LLC to its founding members and NCM, Inc. for the three months ended April 2, 2015 was calculated as negative $25.5 million ($14.0 million for the founding members and $11.5 million for NCM, Inc.). Therefore, there was no payment made in the second quarter of 2015. Under the terms of the NCM LLC Operating Agreement, this negative amount was netted against the available cash distributions for the second quarter of 2016. The mandatory distributions of available cash by NCM LLC to its founding members for the quarter ended December 28, 2017 of $37.6 million, is included in amounts due to founding members in the Consolidated Balance Sheets as of December 28, 2017 and will be made in the first quarter of 2018. The distributions to NCM, Inc. are eliminated in consolidation.

Amounts due to founding members as of December 28, 2017 were comprised of the following (in millions):

	AMC			Cinemark			Regal		Total
Theater access fees, net of beverage revenues and other encumbered theater payments	$	1.5		$	1.0		$	1.5	$	4.0
Distributions payable to founding members		10.8			13.5			13.3		37.6
Integration payments due from founding members		(8.5	)		(0.4	)		—		(8.9	)
Total	$	3.8		$	14.1		$	14.8	$	32.7

Amounts due to founding members as of December 29, 2016 were comprised of the following (in millions):

	AMC			Cinemark			Regal		Total
Theater access fees, net of beverage revenues and other encumbered theater payments	$	1.6		$	0.9		$	1.4	$	3.9
Distributions payable to founding members		12.3			13.6			14.0		39.9
Integration payments due from founding members		(0.7	)		(0.3	)		—		(1.0	)
Cost and other reimbursement		—			(0.1	)		—		(0.1	)
Total	$	13.2		$	14.1		$	15.4	$	42.7

Common Unit Membership Redemption— The NCM LLC Operating Agreement provides a redemption right of the founding members to exchange common membership units of NCM LLC for shares of the Company’s common stock on a one-for-one basis, or at the Company’s option, a cash payment based on the three-day variable weighted average closing price of NCM, Inc.’s common stock prior to the redemption date. During the year ended December 28, 2017, AMC exercised the redemption right of an aggregate 15.6 million common membership units for a like number of shares of NCM, Inc.’s common stock. Pursuant to ASC 810-10-45, the Company accounted for the change in its ownership interest in NCM LLC as an equity transaction whereby, the issuance of shares of NCM, Inc. common stock were offset by the purchase of NCM LLC’s (a subsidiary’s) equity within the Consolidated Statement of Equity. Further, no gain or loss was recognized in the Consolidated Statements of Income. During 2017, 14.8 million of these shares were sold. The Company did not receive any proceeds from the sale of its common stock by AMC. During the years ended December 28, 2017, December 29, 2016 and December 31, 2015, AMC received cash dividends of approximately $0.1 million, $0.2 million and $0.0 million, respectively, on its shares of NCM, Inc. common stock.

Memorandum of Understanding with AMC— Pursuant to the Final Judgment, AMC is required to divest the majority of its equity interests in NCM LLC and NCM, Inc., so that by June 20, 2019 it owns no more than 4.99% of NCM LLC’s common membership units and NCM, Inc. common stock, taken together, on a fully converted basis (‘NCM’s outstanding equity interests”). AMC must complete the divestiture per the following schedule: (i) on or before December 20, 2017, AMC must own no more than 15.0% of NCM’s outstanding equity interests, (ii) on or before December 20, 2018, AMC must own no more than 7.5% of NCM’s outstanding equity interests and (iii) on or before June 20, 2019, AMC must own no more than 4.99% of NCM’s outstanding equity interests. Pursuant to the MOU, AMC also has agreed, among other things, subject to limited exceptions to retain at least 4.5% of NCM’s outstanding equity interests during the term of the Final Judgment, subject to certain exceptions which allow for certain sell downs after the 30-month anniversary of the MOU. As of December 28, 2017, AMC owned 15.1% of NCM’s outstanding equity interests. AMC was also required to relinquish its governance rights in NCM LLC, including its seats on the NCM, Inc. Board of Directors as well as its rights to nominate any person to serve on the NCM, Inc. Board of Directors. AMC’s non-independent designee to the Board of Directors resigned in 2016. During the year ended December 28, 2017, AMC transferred 17 theaters (318 screens) to another advertising provider in accordance with the Final Judgment, for which AMC surrendered NCM LLC common membership units during 2017. At the end of the 10-year term of the Final Judgment, these theaters will revert back to us. Also, in April 2017, AMC completed a sale of five theaters on our network pursuant to the Final Judgment. AMC will surrender NCM LLC common unit membership units to NCM LLC for these divestures pursuant to the Common Unit Adjustment Agreement at the next Adjustment Date. These 22 transferred and sold theaters represent approximately 1.3% of NCM LLC’s total theater network as of December 28, 2017.

AMC also agreed to reimburse the Company for its incurred and ongoing costs and expenses in connection with the Final Judgment including, but not limited to, its financial advisor and legal fees up to $1.0 million of such costs and expenses. During the year ended December 28, 2017, the Company incurred $1.3 million of these costs, of which $1.0 million was reimbursed through the “Amounts due to founding members” within the Consolidated Balance Sheets and the remaining $0.3 million is included in administrative costs within the Consolidated Income Statement.

AC JV, LLC Transactions— In December 2013, NCM LLC sold its Fathom Events business to a newly formed limited liability company (“AC JV, LLC”) owned 32% by each of the founding members and 4% by NCM LLC. In consideration for the sale, NCM LLC received a total of $25.0 million in promissory notes from its founding members (one-third or approximately $8.3 million from each founding member). The notes receivable bear interest at a fixed rate of 5.0% per annum, compounded annually. Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing. Future minimum principal payments under the notes receivable as of December 28, 2017 are approximately as follows (in millions):

Year	Minimum Principal Payments
2018	$	4.2
2019		4.1
Total	$	8.3

NCM LLC’s investment in AC JV, LLC was $1.0 million and $1.0 million as of December 28, 2017 and December 29, 2016, respectively. The Company accounts for its investment in AC JV, LLC under the equity method of accounting in accordance with ASC 323-30, Investments—Equity Method and Joint Ventures (“ASC 323-30”) because AC JV, LLC is a limited liability company with the characteristics of a limited partnership and ASC 323-30 requires the use of equity method accounting unless the Company’s interest is so minor that it would have virtually no influence over partnership operating and financial policies. Although NCM LLC does not have a representative on AC JV, LLC’s Board of Directors or any voting, consent or blocking rights with respect to the governance or operations of AC JV, LLC, the Company concluded that its interest was more than minor. During the years ended December 28, 2017, December 29, 2016 and December 31, 2015, NCM LLC received a cash distribution from AC JV, LLC of $0.3 million, $0.2 million and $0.2 million, respectively. NCM LLC recorded equity in earnings for AC JV, LLC of $0.3 million, $0.0 million and $0.1 million during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively, which are included in other non-operating expense in the audited Consolidated Statements of Income.

In connection with the sale, NCM LLC amended and restated its existing ESAs with each of the founding members to remove those provisions addressing the rights and obligations related to the digital programming services of the Fathom Events business. These rights and obligations were conveyed to AC JV, LLC in connection with the sale. In connection with the sale, NCM LLC entered into a transition services agreement to provide certain corporate overhead services for a fee and reimbursement for the use of facilities and certain services including creative, technical event management and event management for the newly formed limited liability company. In addition, NCM LLC entered into a services agreement with a term coinciding with the ESAs, which grants the newly formed limited liability company advertising on-screen and on the LEN and a pre-feature program prior to Fathom events reasonably consistent with what was previously dedicated to Fathom. NCM LLC has also agreed to provide creative and media production services for a fee. NCM LLC received $0.3 million, $0.2 million and $0.1 million during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively, for these services, which are included as an offset to network costs in the audited Consolidated Statements of Income.

Related Party Affiliates— NCM LLC has an agreement with LA Live, an affiliate of The Anschutz Corporation to provide in-theater advertising. The Anschutz Corporation is a wholly-owned subsidiary of the Anschutz Company, which is the controlling stockholder of Regal. During the years ended December 28, 2017, December 29, 2016 and December 31, 2015, there was approximately $0.2 million, $0.3 million and $0.2 million, respectively, included in advertising operating costs related to LA Live, and there was approximately $0.1 million and $0.1 million of accounts payable with this company as of December 28, 2017 and December 29, 2016, respectively.

Other Transactions—NCM LLC has an agreement with AEG Live, an affiliate of The Anschutz Corporation, for AEG Live to showcase musical artists in the Noovie pre-show. During the years ended December 28, 2017, December 29, 2016 and December 31, 2015, NCM LLC received approximately $1.3 million, $1.7 million and $1.6 million, respectively, in revenue from AEG Live and as of December 28, 2017 and December 29, 2016, had $0.4 million and $0.2 million, respectively, of accounts receivable from AEG Live.

Borrowings

12 Months Ended

Dec. 28, 2017

Debt Disclosure [Abstract]

Borrowings

9.	BORROWINGS

The following table summarizes NCM LLC’s total outstanding debt as of December 28, 2017 and December 29, 2016 and the significant terms of its borrowing arrangements:

	Outstanding Balance as of
Borrowings ($ in millions)	December 28, 2017			December 29, 2016			Maturity Date	Interest Rate
Revolving credit facility	$	12.0		$	15.0		November 26, 2019	(1)
Term loans		270.0			270.0		November 26, 2019	(1)
Senior secured notes due 2022		400.0			400.0		April 15, 2022	6.000%
Senior unsecured notes due 2026		250.0			250.0		August 15, 2026	5.750%
Total borrowings	$	932.0		$	935.0
Less: Debt issuance costs related to term loans and senior notes		(8.7	)		(10.7	)
Carrying value of long-term debt	$	923.3		$	924.3

(1)	The interest rates on the revolving credit facility and term loan are described below.

Senior Secured Credit Facility – As of December 28, 2017, NCM LLC’s senior secured credit facility consisted of a $175.0 million revolving credit facility and a $270.0 million term loan. On May 26, 2016, NCM LLC entered into an incremental amendment of its senior secure credit facility whereby the revolving credit facility was increased $40.0 million from $135.0 million to $175.0 million which matures November 26, 2019. The obligations under the senior secured credit facility are secured by a lien on substantially all of the assets of NCM LLC.

Revolving Credit Facility – The revolving credit facility portion of NCM LLC’s total borrowings is available, subject to certain conditions, for general corporate purposes of NCM LLC in the ordinary course of business and for other transactions permitted under the senior secured credit facility, and a portion is available for letters of credit.

As of December 28, 2017, NCM LLC’s total availability under the $175.0 million revolving credit facility was $158.2 million, net of $4.8 million letters of credit. The unused line fee is 0.50% per annum. Borrowings under the revolving credit facility bear interest at NCM LLC’s option of either the LIBOR index plus an applicable margin or the base rate (Prime Rate or the Federal Funds Effective Rate, as defined in the senior secured credit facility) plus an applicable margin. The applicable margin for the revolving credit facility is determined quarterly and is subject to adjustment based upon a consolidated net senior secured leverage ratio for NCM LLC (the ratio of secured funded debt less unrestricted cash and cash equivalents, over a non-GAAP measure defined in the senior secured credit facility). The applicable margins on the revolving credit facility are the LIBOR index plus 2.00% or the base rate plus 1.00%. The weighted-average interest rate on the outstanding balance on the revolving credit facility as of December 28, 2017 was 4.5%.

Term Loans – The interest rate on the term loans is a rate chosen at NCM LLC’s option of either the LIBOR index plus 2.75% or the base rate (Prime Rate or the Federal Funds Effective Rate, as defined in the senior secured credit facility) plus 1.75%. The weighted-average interest rate on the term loans as of December 28, 2017 was 4.1%. Interest on the term loans is currently paid monthly.

The senior secured credit facility contains a number of covenants and financial ratio requirements, with which NCM LLC was in compliance at December 28, 2017, including maintaining a consolidated net senior secured leverage ratio of 6.5 times on a quarterly basis. NCM LLC is permitted to make quarterly dividend payments and other payments based on leverage ratios for NCM LLC and its subsidiaries so long as no default or event of default has occurred and continues to occur. The quarterly dividend payments and other distributions are made even if consolidated net senior secured leverage ratio is less than or equal to 6.5 times. In addition, there are no borrower distribution restrictions as long as NCM LLC’s consolidated net senior secured leverage ratio is below 6.5 times and NCM LLC is in compliance with its debt covenants. If there are limitations on the restricted payments, NCM LLC may not declare or pay any dividends, or make any payments on account of NCM LLC, or set aside assets for the retirement or other acquisition of capital stock of the borrower or any subsidiaries, or make any other distribution for obligations of NCM LLC. When these restrictions are effective, NCM LLC may still pay the services fee and reimbursable costs pursuant to terms of the management agreement. NCM LLC can also make payments pursuant to the tax receivable agreement in the amount, and at the time necessary to satisfy the contractual obligations with respect to the actual cash tax benefits payable to NCM LLC’s founding members. As of December 28, 2017, the NCM LLC’s consolidated net senior secured leverage ratio was 3.2 times (versus the covenant of 6.5 times).

Senior Unsecured Notes due 2021 – On July 5, 2011, NCM LLC completed a private placement of $200.0 million in aggregate principal amount of 7.875% Senior Unsecured Notes (the “Notes due 2021”) for which the registered exchange offering was completed on September 22, 2011. The Notes due 2021 pay interest semi-annually in arrears on January 15 and July 15 of each year, which commenced January 15, 2012. On September 19, 2016, NCM LLC redeemed its Notes due 2021 at a redemption price of 103.938% of the principal amount plus accrued and unpaid interest. As a result of the redemption, NCM LLC wrote-off approximately $2.5 million in unamortized debt issuance costs and paid a redemption premium of approximately $7.9 million, which are reflected in the loss on early retirement of debt on the Consolidated Statements of Income during the year ended December 29, 2016.

Senior Secured Notes due 2022 – On April 27, 2012, NCM LLC completed a private placement of $400.0 million in aggregate principal amount of 6.00% Senior Secured Notes (the “Notes due 2022”). The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced October 15, 2012. The Notes due 2022 are senior secured obligations of NCM LLC, rank the same as NCM LLC’s senior secured credit facility, subject to certain exceptions, and share in the same collateral that secures NCM LLC’s obligations under the senior secured credit facility.

NCM LLC may redeem all or any portion of the Notes due 2022, at once or over time, on or after April 15, 2017 at specified redemption prices, plus accrued and unpaid interest, if any, to the redemption date. Upon the occurrence of a Change of Control (as defined in the Indenture), NCM LLC will be required to make an offer to each holder of Notes due 2022 to repurchase all of such holder’s Notes due 2022 for a cash payment equal to 101.00% of the aggregate principal amount of the Notes due 2022 repurchased, plus accrued and unpaid interest, if any, to the date of repurchase.

The indenture contains covenants that, among other things, restrict NCM LLC’s ability and the ability of its restricted subsidiaries, if any, to: (1) incur additional debt; (2) make distributions or make certain other restricted payments; (3) make investments; (4) incur liens; (5) sell assets or merge with or into other companies; and (6) enter into transactions with affiliates. All of these restrictive covenants are subject to a number of important exceptions and qualifications. In particular, NCM LLC has the ability to distribute all of its quarterly available cash as a restricted payment or as an investment, if it meets a minimum net senior secured leverage ratio. NCM LLC was in compliance with these non-maintenance covenants as of December 28, 2017.

Senior Unsecured Notes due 2026—On August 19, 2016, NCM LLC completed a private placement of $250.0 million in aggregate principal amount of 5.750% Senior Unsecured Notes (the “Notes due 2026”) for which the registered exchange offering was completed on November 8, 2016. The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, commencing on February 15, 2017. The Notes due 2026 were issued at 100% of the face amount thereof and are the senior unsecured obligations of NCM LLC and will be effectively subordinated to all existing and future secured debt, including the Notes due 2022, its senior secured credit facility and any future asset backed loan facility. The Notes due 2026 will rank equally in right of payment with all of NCM LLC’s existing and future senior indebtedness, including the Notes due 2022, NCM LLC’s existing senior secured credit facility, any future asset backed loan facility, in each case, without giving effect to collateral arrangements. The Notes due 2026 will be effectively subordinated to all liabilities of any subsidiaries that NCM LLC may form or acquire in the future, unless those subsidiaries become guarantors of the Notes due 2026. NCM LLC does not currently have any subsidiaries, and the Notes due 2026 will not be guaranteed by any subsidiaries that NCM LLC may form or acquire in the future except in very limited circumstances.

NCM LLC may redeem all or any portion of the Notes due 2026 prior to August 15, 2021, at once or over time, at 100% of the principal amount plus the applicable make-whole premium, plus accrued and unpaid interest, if any, to the redemption date. NCM LLC may redeem all or any portion of the Notes due 2026, at once or over time, on or after August 15, 2021 at specified redemption prices, plus accrued and unpaid interest, if any, to the redemption date. In addition, at any time prior to August 15, 2019, NCM LLC may on any one or more occasions redeem up to 35% of the original aggregate principal amount of Notes due 2026 from the net proceeds of certain equity offerings at a redemption price equal to 105.750% of the principal amount of the Notes due 2026 redeemed, plus accrued and unpaid interest, if any to the redemption date. Upon the occurrence of a Change of Control (as defined in the indenture), NCM LLC will be required to make an offer to each holder of the Notes due 2026 to repurchase all of such holder’s Notes due 2026 for a cash payment equal to 101.00% of the aggregate principal amount of the Notes due 2026 repurchased, plus accrued and unpaid interest, if any, to the date of repurchase.

Future Maturities of Borrowings – The scheduled annual maturities on the Senior Secured Credit Facility, Notes due 2022 and Notes due 2026 as of December 28, 2017 are as follows (in millions):

Year	Amount
2018	$	—
2019		282.0
2020		—
2021		—
2022		400.0
Thereafter		250.0
Total	$	932.0

Share-Based Compensation

12 Months Ended

Dec. 28, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Share-Based Compensation

10.	SHARE-BASED COMPENSATION

The NCM, Inc. 2016 Equity Incentive Plan (the “2016 Plan”) reserves 4,400,000 shares of common stock available for issuance or delivery under the 2016 Plan, of which 3,477,078 shares remain available for future grants as of December 28, 2017 (assuming 100% achievement of targets on performance-based restricted stock). The Company began issuing shares under the 2016 Plan in the second quarter of 2016, following its approval by NCM, Inc.’s stockholders. The 2016 Plan replaced NCM, Inc.’s 2007 Equity Incentive Plan (the “2007 Plan”), which was set to expire by its terms in February 2017. The shares of common stock that were available for issuance under the 2007 Plan are no longer available for issuance following the approval of the 2016 Plan. Any forfeitures of shares granted pursuant to the 2007 Plan will be cancelled and not available for future grant. The types of awards that may be granted under the 2016 Plan include stock options, stock appreciation rights, restricted stock, restricted stock units or other stock based awards. Certain option and share awards provide for accelerated vesting if there is a change in control, as defined in the 2007 Plan and the 2016 Plan. Upon vesting of the restricted stock awards or exercise of options, NCM LLC will issue common membership units to the Company equal to the number of shares of the Company’s common stock represented by such awards.

Compensation Cost—The Company recognized $11.2 million, $18.3 million and $14.8 million for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively, of share-based compensation expense within network costs, selling and marketing costs and administrative and other costs in the Consolidated Statements of Income as shown in the table below.

	Years Ended
	December 28, 2017		December 29, 2016		December 31, 2015
Share-based compensation costs included in network costs	$	1.0	$	1.1	$	0.9
Share-based compensation costs included in selling and marketing costs		4.1		6.0		5.5
Share-based compensation costs included in administrative and other costs (1)		6.1		11.2		8.4
Total share-based compensation costs	$	11.2	$	18.3	$	14.8

(1)

Includes $2.3 million of expense associated with the modification of certain former executive equity awards during the year ended December 29, 2016, as described further below.

During the years ended December 28, 2017, December 29, 2016 and December 31, 2015, $0.3 million, $0.5 million and $0.3 million was capitalized, respectively, in a corresponding manner to the capitalization of employee’s salaries for capitalized labor. The income tax benefit recognized in the income statement for share-based compensation was approximately $3.0 million, $2.5 million, and $2.5 million for the years ended December 28, 2017, December 29, 2016, December 31, 2015, respectively. As of December 28, 2017, there was no unrecognized compensation cost related to unvested options, as stock options were fully vested as of December 28, 2017. As of December 28, 2017, unrecognized compensation cost related to restricted stock and restricted stock units was approximately $11.2 million, which will be recognized over a weighted average remaining period of 1.7 years.

Stock Options— The Company has not granted stock options since 2012 and as of December 28, 2017 all options are fully vested. Stock options awarded under the 2007 Plan were granted with an exercise price equal to the closing market price of NCM, Inc. common stock on the date the Company’s Board of Directors approved the grant. Options have either 10-year or 15-year contractual terms. The fair value of each option award was estimated on the date of grant using the Black-Scholes option pricing valuation model. An annual forfeiture rate of 2-3% was estimated to reflect the potential separation of employees. The intrinsic value of options exercised during the year was $0.1 million, $0.1 million and $0.4 million for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively. The total fair value of awards vested during the years ended December 28, 2017, December 29, 2016 and December 31, 2015 was $0.0 million, $0.0 million and $0.7 million, respectively. A summary of option award activity under the 2007 Plan as of December 28, 2017, and changes during the year then ended are presented below:

	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value (in millions)
Outstanding as of December 29, 2016		2,574,544		$	16.59
Granted		—			—
Exercised		(58,450	)	$	11.04
Forfeited		(130,219	)	$	17.03
Expired		(220,694	)	$	19.06
Outstanding as of December 28, 2017		2,165,181		$	16.47		3.0	$	—
Exercisable as of December 28, 2017		2,165,181		$	16.47		3.0	$	—
Vested and expected to vest as of December 28, 2017		2,165,181		$	16.47		3.0	$	—

Restricted Stock and Restricted Stock Units—Under the non-vested stock program, common stock of the Company may be granted at no cost to officers, independent directors and employees, subject to requisite service and/or financial performance targets. As such restrictions lapse, the award vests in that proportion. The participants are entitled to dividend equivalents and to vote their respective shares (in the case of restricted stock), although the sale and transfer of such shares is prohibited and the shares are subject to forfeiture during the restricted period. Additionally, the accrued dividend equivalents are subject to forfeiture during the restricted period should the underlying shares not vest. As of December 28, 2017 and December 29, 2016, accrued dividend equivalents totaled $3.0 million and $3.9 million, respectively and during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, the Company paid $2.1 million, $1.9 million and $0.4 million, respectively, for dividend equivalents upon vesting of the restricted stock and restricted stock units. The Company has issued time-based restricted stock to its employees which vests over a three-year period with one-third vesting on each anniversary of the date of grant and performance-based restricted stock which vests following a three-year measurement period to the extent that the Company achieves specified non-GAAP targets at the end of the measurement period. The Company also grants restricted stock units to its non-employee directors that vest after approximately one year. The grant date fair value of restricted stock and restricted stock units is based on the closing market price of NCM, Inc. common stock on the date of grant. An annual forfeiture rate of 2-4% was estimated to reflect the potential separation of employees. The weighted average grant date fair value of non-vested stock was $14.34, $15.03, and $14.76 for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively. The total fair value of awards vested was $17.3 million, $14.7 million and $11.6 million during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively.

A summary of restricted stock award and restricted stock unit activity as of December 28, 2017, and changes during the year then ended are presented below:

	Number of Restricted Shares and Restricted Stock Units			Weighted Average Grant-Date Fair Value
Non-vested balance as of December 29, 2016		2,590,262		$	15.66
Granted		956,070		$	14.34
Vested (1)		(1,046,179	)	$	16.66
Forfeited		(191,191	)	$	15.44
Non-vested balance as of December 28, 2017		2,308,962		$	14.70

(1)

Includes 336,819 vested shares that were withheld to cover tax obligations and were subsequently canceled.

The above table reflects performance-based restricted stock granted at 100% achievement of performance conditions and as such does not reflect the maximum or minimum number of shares of performance-based restricted stock contingently issuable. An additional 609,300 shares of restricted stock could be issued if the performance criteria maximums are met. As of December 28, 2017, the total number of restricted stock and restricted stock units that are ultimately expected to vest, after consideration of expected forfeitures and current projections of estimated vesting of performance-based restricted stock is 1,877,718 shares.

Executive Equity Modification—On January 1, 2016, the Company’s former Chief Executive Officer resigned and in connection with his resignation, NCM, Inc. entered into a Separation and General Release Agreement and a Consulting Agreement, whereby, the executive will continue to perform consulting services through January 31, 2018 and certain modifications were made to the executive’s outstanding stock awards. The executive’s outstanding stock options were modified such that the timeframe to exercise the options was extended to the original expiration date and certain performance-based restricted stock awards were converted to time-based restricted stock, with all restricted stock continuing to vest during the consulting period.

Per ASC Topic 718-10-35-3, a modification of the terms or conditions of an equity award shall be treated as an exchange of the original award for a new award. The effects of a modification should be measured as follows: (a) incremental compensation cost shall be measured as the excess, if any, of the fair value of the modified award over the fair value of the original award immediately before its terms are modified, (b) total recognized compensation cost for an equity shall at least equal the fair value of the award at the grant date unless at the date of the modification the performance or service conditions of the original award are not expected to be satisfied and (c) a change in compensation cost for an equity award measured at intrinsic value shall be measured by comparing the intrinsic value of the modified award, if any, with the intrinsic value of the original award, if any, immediately before the modification. These modifications resulted in compensation expense of $2.3 million during the year ended December 29, 2016. Further, the Company continued to recognize share-based compensation costs on the awards related to service during the consulting period and re-measured the fair value of the outstanding awards at each reporting period during the term of the consulting services, in accordance with ASC Topic 505-50, Equity-Based Payments to Non-Employees.

Employee Benefit Plans

12 Months Ended

Dec. 28, 2017

Compensation And Retirement Disclosure [Abstract]

Employee Benefit Plans

11.	EMPLOYEE BENEFIT PLANS

The Company sponsors the NCM 401(k) Profit Sharing Plan (the “Plan”) under Section 401(k) of the Internal Revenue Code of 1986, as amended, for the benefit of substantially all full-time employees. The Plan provides that participants may contribute up to 20% of their compensation, subject to Internal Revenue Service limitations. Employee contributions are invested in various investment funds based upon election made by the employee. The Company made discretionary contributions of $1.2 million, $1.3 million and $1.3 million during the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively.

Commitments and Contingencies

12 Months Ended

Dec. 28, 2017

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

12.	COMMITMENTS AND CONTINGENCIES

Legal Actions—The Company is subject to claims and legal actions in the ordinary course of business. The Company believes such claims will not have a material effect, individually and in aggregate, on its financial position, results of operations or cash flows.

Operating Commitments— The Company leases office facilities for its headquarters in Centennial, Colorado and also in various cities for its sales and marketing and software development personnel. Total lease expense for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, was $2.2 million, $2.3 million and $2.3 million, respectively. During the year ended December 28, 2017, the Company recorded a $1.8 million of expense for an early lease termination fee. The fee was reimbursed by the landlord of the Company’s new building, which is being treated as a lease incentive and amortized over the term of the new lease. Future minimum lease payments under noncancelable operating leases as of December 28, 2017 are as follows (in millions):

Year	Minimum Lease Payments
2018	$	3.3
2019		3.5
2020		3.3
2021		3.4
2022		3.4
Thereafter		25.5
Total	$	42.4

Minimum Revenue Guarantees—As part of the network affiliate agreements entered into in the ordinary course of business under which the Company sells advertising for display in various network affiliate theater chains, the Company has agreed to certain minimum revenue guarantees on a per attendee basis. If a network affiliate achieves the attendance set forth in their respective agreement, the Company has guaranteed minimum revenue for the network affiliate per attendee if such amount paid under the revenue share arrangement is less than its guaranteed amount. As of December 28, 2017, the maximum potential amount of future payments the Company could be required to make pursuant to the minimum revenue guarantees is $82.6 million over the remaining terms of the network affiliate agreements. These minimum guarantees relate to various affiliate agreements ranging in term from one to twenty years, prior to any renewal periods of which some are at the option of the Company. During the year ended December 28, 2017 and December 29, 2016, the Company paid $0.1 million and $0.0 million, respectively, related to these minimum guarantees. As of December 28, 2017 and December 29, 2016, the Company had no liabilities recorded for these obligations, as such guarantees are less than the expected share of revenue paid to the affiliate.

Theater Access Fee Guarantees—In consideration for NCM LLC’s access to the founding members’ theater attendees for on-screen advertising and use of lobbies and other space within the founding members’ theaters for the LEN and lobby promotions, the founding members receive a monthly theater access fee under the ESAs. The theater access fee is composed of a fixed payment per patron, a fixed payment per digital screen (connected to the DCN) and a fee for access to higher quality digital cinema equipment. The payment per theater patron increases by 8% every five years, with an increase taking effect in fiscal year 2017 and the next increase taking effect in fiscal year 2022, and the payment per digital screen and for digital cinema equipment increases annually by 5%. The theater access fee paid in the aggregate to all founding members cannot be less than 12% of NCM LLC’s aggregate advertising revenue (as defined in the ESA), or it will be adjusted upward to reach this minimum payment. As of December 28, 2017 and December 29, 2016, the Company had no liabilities recorded for the minimum payment, as the theater access fee was in excess of the minimum.

Fair Value Measurements

12 Months Ended

Dec. 28, 2017

Fair Value Disclosures [Abstract]

Fair Value Measurements

13.	FAIR VALUE MEASUREMENTS

Non-Recurring Measurements—Certain assets are measured at fair value on a non-recurring basis. These assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances. These assets include long-lived assets, intangible assets, cost and equity method investments, notes receivable and borrowings.

Long-Lived Assets, Intangible Assets, Other Investments and Notes Receivable —As described in Note 1—Basis of Presentation and Summary of Significant Accounting Policies, the Company regularly reviews long-lived assets (primarily property, plant and equipment), intangible assets, investments accounted for under the cost or equity method and notes receivable for impairment whenever events or changes in circumstances indicate that the carrying amounts of the assets may not be fully recoverable. When the estimated fair value is determined to be lower than the carrying value of the asset, an impairment charge is recorded to write the asset down to its estimated fair value.

Other assets consisted of the following (in millions):

	As of
	December 28, 2017		December 29, 2016
Investment in AC JV, LLC (1)	$	1.0	$	1.0
Other investments (2)		2.5		5.6
Total	$	3.5	$	6.6

(1)

Refer to Note 8—Related Party Transactions.

(2)

The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities were accounted for under the cost method and represent an ownership of less than 20%. The Company does not exert significant influence on these companies’ operating or financial activities.

During the years ended December 28, 2017, December 29, 2016, and December 31, 2015 the Company recorded other-than-temporary impairment charges of $3.1 million, $0.7 million, and $0.0 million, respectively, on certain of its investments due to a significant deterioration in the business prospects of the investee or new information regarding the fair value of the investee in the twelve months ended December 28, 2017. These impairment charges brought those investments to a remaining fair value of $0.1 million. The fair value of investments has not been estimated as of December 28, 2017 as there were no identified events or changes in the circumstances that had a significant adverse effect on the fair value of the investments and it is not practicable to do so because the equity securities are not in publicly traded companies. The investment in AC JV was initially valued using comparative market multiples. The other investments were recorded based upon the fair value of the services provided in exchange for the investment. Refer to Note 1—Basis of Presentation and Summary of Significant Accounting Policies for more details. As the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs, they have been classified as Level 3 in the fair value hierarchy.

As of December 28, 2017, the Company had notes receivable totaling $8.3 million from its founding members related to the sale of Fathom Events, as described in Note 8—Related Party Transactions. These notes were initially valued using comparative market multiples. There were no identified events or changes in circumstances that had a significant adverse effect on the fair value of the notes receivable. The notes are classified as Level 3 in the fair value hierarchy as the inputs to the determination of fair value are based upon non-identical assets and use significant unobservable inputs.

Borrowings— The carrying amount of the revolving credit facility is considered a reasonable estimate of fair value due to its floating-rate terms. The estimated fair values of the Company’s financial instruments where carrying values do not approximate fair value are as follows (in millions):

	As of December 28, 2017				As of December 29, 2016
	Carrying Value		Fair Value (1)		Carrying Value		Fair Value (1)
Term loans	$	270.0	$	270.8	$	270.0	$	272.7
Senior Notes due 2022		400.0		407.3		400.0		414.5
Senior Notes due 2026		250.0		235.0		250.0		256.7

(1)

The Company has estimated the fair value on an average of at least two non-binding broker quotes and the Company’s analysis. If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2.

Recurring Measurements—The fair values of the Company’s assets and liabilities measured on a recurring basis pursuant to ASC 820-10 Fair Value Measurements and Disclosures are as follows (in millions):

			Fair Value Measurements at Reporting Date Using
	Fair Value As of December 28, 2017		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
ASSETS:
Cash equivalents (1)	$	12.2	$	8.2	$	4.0	$	—
Short-term marketable securities (2)		13.1		—		13.1		—
Long-term marketable securities (2)		16.2		—		16.2		—
Total assets	$	41.5	$	8.2	$	33.3	$	—

			Fair Value Measurements at Reporting Date Using
	Fair Value As of December 29, 2016		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
ASSETS:
Cash equivalents (1)	$	5.3	$	0.3	$	5.0	$	—
Short-term marketable securities (2)		26.1		5.2		20.9		—
Long-term marketable securities (2)		19.6		17.3		2.3		—
Total assets	$	51.0	$	22.8	$	28.2	$	—

(1)

Cash Equivalents— The Company’s cash equivalents are carried at estimated fair value. Cash equivalents consist of money market accounts which the Company has classified as Level 1 given the active market for these accounts and commercial paper with original maturities of three months or less, which are classified as Level 2 and are valued as described below.

(2)

Short-Term and Long-Term Marketable Securities— The carrying amount and fair value of the marketable securities are equivalent since the Company accounts for these instruments at fair value. The Company’s government agency bonds, commercial paper and certificates of deposit are valued using third party broker quotes. The value of the Company’s government agency bonds and municipal bonds are derived from quoted market information. The inputs in the valuation are classified as Level 1 if there is an active market for these securities; however, if an active market does not exist, the inputs are recorded at a lower level in the fair value hierarchy. The value of commercial paper and certificates of deposit is derived from pricing models using inputs based upon market information, including contractual terms, market prices and yield curves. The inputs to the valuation pricing models are observable in the market, and as such are generally classified as Level 2 in the fair value hierarchy. For the years ended December 28, 2017 and December 29, 2016, there was an inconsequential amount of net realized gains (losses) recognized in interest income and an inconsequential amount of net unrealized holding gains (losses) included in other comprehensive income. Original cost of short term marketable securities is based on the specific identification method. As of December 28, 2017 and December 29, 2016, there was $0.2 million and $0.0 million, respectively, of gross unrealized losses related to individual securities of $8.2 million and $0.0 million, respectively, that had been in a continuous loss position for 12 months or longer.

The amortized cost basis, aggregate fair value and maturities of the marketable securities the Company held as of December 28, 2017 and December 29, 2016 are as follows:

	As of December 28, 2017
	Amortized Cost Basis (in millions)		Aggregate Fair Value (in millions)		Maturities (1) (in years)
MARKETABLE SECURITIES:
Short-term U.S. government agency bonds	$	2.3	$	2.2		0.9
Short-term certificates of deposit		0.9		0.9		0.8
Short-term commercial paper:
Financial		6.0		6.0		0.3
Industrial		4.0		4.0		0.3
Total short-term marketable securities		13.2		13.1

Long-term municipal bonds		1.9		1.9		2.1
Long-term U.S. government agency bonds		10.4		10.2		2.5
Long-term certificates of deposit		4.1		4.1		1.8
Total long-term marketable securities		16.4		16.2
Total marketable securities	$	29.6	$	29.3

	As of December 29, 2016
	Amortized Cost Basis (in millions)		Aggregate Fair Value (in millions)		Maturities (1) (in years)
MARKETABLE SECURITIES:
Short-term U.S. government treasury bonds	$	1.2	$	1.2		0.8
Short-term municipal bonds		2.9		2.9		0.6
Short-term U.S. government agency bonds		1.0		1.0		0.5
Short-term commercial paper		13.0		13.0		0.1
Short-term certificates of deposit:
Financial		7.7		7.7		0.6
Industrial		0.3		0.3		0.9
Total short-term marketable securities		26.1		26.1

Long-term municipal bonds		1.9		1.8		2.7
Long-term U.S. government agency bonds		15.6		15.5		3.5
Long-term certificates of deposit		2.2		2.3		2.6
Total long-term marketable securities		19.7		19.6
Total marketable securities	$	45.8	$	45.7

(1)

Maturities— Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within 30 days.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Derivative Instruments And Hedging Activities

12 Months Ended

Dec. 28, 2017

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Instruments And Hedging Activities

14.	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

During 2012, NCM LLC terminated interest rate swap agreements that were used to hedge its interest rate risk associated with its term loan. Following the termination of the swap agreements, the variable interest rate on NCM LLC’s $270.0 million term loan is unhedged and as of December 28, 2017 and December 29, 2016, the Company did not have any outstanding derivative assets or liabilities. A portion of the breakage fees paid to terminate the swap agreements was for swaps in which the underlying debt remained outstanding. The balance in AOCI related to these swaps was fixed and was amortized into earnings over the remaining period during which interest payments were hedged, or February 13, 2015. The Company considered the guidance in ASC 815, Derivatives and Hedging which states that amounts in AOCI shall be reclassified into earnings in the same period or periods during which the hedged forecasted transaction affects earnings. As of December 28, 2017, there were no amounts outstanding related to these discontinued cash flow hedges.

The changes in AOCI by component for the years ended December 28, 2017, December 29, 2016 and December 31, 2015 were as follows (in millions):

	Years Ended
	December 28, 2017		December 29, 2016		December 31, 2015			Income Statement Location
Balance at beginning of period	$	—	$	—	$	(0.4	)
Amounts reclassified from AOCI:
Amortization on discontinued cash flow hedges		—		—		1.6		Amortization of terminated derivatives
Total amounts reclassified from AOCI		—		—		1.6
Noncontrolling interest on reclassifications		—		—		(0.9	)
Tax effect on reclassifications		—		—		(0.3	)
Net other comprehensive income		—		—		0.4
Impact of subsidiary ownership changes		—		—		—
Balance at end of period	$	—	$	—	$	—

Valuation and Qualifying Accounts

12 Months Ended

Dec. 28, 2017

Valuation And Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

15.	VALUATION AND QUALIFYING ACCOUNTS

The Company’s allowance for doubtful accounts and the valuation allowance on deferred tax assets for the years ended December 28, 2017, December 29, 2016 and December 31, 2015 were as follows (in millions):

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
ALLOWANCE FOR DOUBTFUL ACCOUNTS:
Balance at beginning of period	$	6.3		$	5.6		$	4.3
Provision for bad debt		1.1			2.1			1.9
Write-offs, net		(1.4	)		(1.4	)		(0.6	)
Balance at end of period	$	6.0		$	6.3		$	5.6

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
VALUATION ALLOWANCE ON DEFERRED TAX ASSETS:
Balance at beginning of period	$	110.3		$	110.4		$	127.5
Valuation allowance reversed		(12.2	)		(0.1	)		(17.1	)
Balance at end of period	$	98.1		$	110.3		$	110.4

Quarterly Financial Data

12 Months Ended

Dec. 28, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data

16.	QUARTERLY FINANCIAL DATA (UNAUDITED)

The following represents selected information from the Company’s unaudited quarterly Consolidated Statements of Income for the years ended December 28, 2017 and December 29, 2016 (in millions, except per share data):

2017	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
Revenue	$	71.9		$	97.1	$	116.4	$	140.7
Operating expenses		66.8			68.8		66.1		70.5
Operating income		5.1			28.3		50.3		70.2
Consolidated net (loss) income (1)		(10.3	)		10.0		31.1		27.9
(Loss) Net income attributable to NCM, Inc. (1)		(5.9	)		0.7		8.6		(0.9	)
(Loss) Earnings per NCM, Inc. share, basic (1)(2)		(0.10	)		0.01		0.13		(0.01	)
(Loss) Earnings per NCM, Inc. share, diluted (1)(2)		(0.10	)		0.01		0.13		(0.01	)

2016	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
Revenue	$	76.2		$	115.4	$	113.5	$	142.5
Operating expenses		70.4			68.9		65.1		70.2
Operating (loss) income		5.8			46.5		48.4		72.3
Consolidated net (loss) income (1)		(9.8	)		24.5		20.3		47.0
(Loss) Net income attributable to NCM, Inc. (1)		(5.5	)		5.6		6.9		13.4
(Loss) Earnings per NCM, Inc. share, basic (1)(2)		(0.09	)		0.09		0.12		0.22
(Loss) Earnings per NCM, Inc. share, diluted (1)(2)		(0.09	)		0.09		0.11		0.22

(1)

These balances have been adjusted to correct for the immaterial error discussed within Note 18—Correction of an Error. In addition, such corrections in 2017 will be reflected within future interim financial filings on Form 10-Qs.

(2)

Earnings per share in each quarter is computed using the weighted-average number of common shares outstanding during that quarter while earnings per share for the full year is computed using the weighted average number of common shares outstanding during the year.

Subsequent Event

12 Months Ended

Dec. 28, 2017

Subsequent Events [Abstract]

Subsequent Event

17.	SUBSEQUENT EVENT

On March 9, 2018, the Company declared a cash dividend of $0.17 per share (approximately $12.9 million) on each share of the Company’s common stock (not including outstanding restricted stock which will accrue dividends until the shares vest) to stockholders of record on March 22, 2018 to be paid on March 29, 2018.

Correction of an Error

12 Months Ended

Dec. 28, 2017

Accounting Changes And Error Corrections [Abstract]

Correction of an Error

18.	CORRECTION OF AN ERROR

Subsequent to the issuance of the Company’s Consolidated Financial Statements for the year ended December 29, 2016, the Company identified an immaterial non-cash error related to the accounting under ASC 740 for the Company’s payable to founding members under the TRA. As a result, this liability under the TRA (including the discount on such payable) and related accounts for the year ended December 29, 2016 were restated from the amount previously reported to reflect the additional amounts that will be payable under the TRA upon settlement of all expected future payments to the founding members. Further, the deferred tax liability recorded at the IPO related to the discounted TRA liability was reversed to reflect all applicable basis differences related to the TRA. The error does not impact the amount of the cash TRA payments made to the founding members for any historical period, the timing of those payments, or future calculations of payments due under the TRA. The error also does not impact the Company’s revenue, operating income, cash balances or cash flow from operations for any period.

The Consolidated Balance Sheets, Consolidated Statements of Income, Statements of Equity (Deficit), Consolidated Statements of Comprehensive Income and Consolidated Statement of Cash Flows for the respective prior periods have been restated to reflect the correction of this error. As a result of the cumulative impact of the error, which dates back to the Company’s IPO, the Company has recorded a prior period adjustment to beginning retained earnings as of January 1, 2015. The audited Consolidated Financial Statements and corresponding footnotes for the prior periods have been restated from the amounts previously reported to reflect the correction of this error as shown within the tables below.

The following tables present the effect of the correction of the error to the January 1, 2015 beginning retained earnings balance and additional paid in capital (deficit) balance (in millions):

Beginning retained earnings (distributions in excess of earnings), as of January 1, 2015 – as previously reported	$	(147.4	)
Prior period adjustment		(23.6	)
Beginning retained earnings (distributions in excess of earnings), as of January 1, 2015 – as corrected	$	(171.0	)

Beginning additional paid in capital (deficit), as of January 1, 2015 – as previously reported	$	(261.0	)
Prior period adjustment		96.9
Beginning additional paid in capital (deficit), as of January 1, 2015 – as corrected	$	(164.1	)

The error correction resulted in an increase of $0.4 million and $0.1 million within the activity of the additional paid in capital (deficit) balance for the years ended December 29, 2016 and December 31, 2015, respectively. These adjustments were within the ‘Income tax and other impacts of NCM LLC ownership changes’ line of the Consolidated Statements of Equity previously reported during each period. The error correction increased additional paid in capital (deficit) by $96.8 million and decreased retained earnings (distributions in excess of earnings) by $27.7 million as of December 31, 2015.

The following table presents the effects of the correction of the error to the Consolidated Balance Sheet (in millions):

	As of December 29, 2016
	As Reported			Correction of an Error			Reclassification (1)			As Corrected
Long-term deferred tax assets, net of valuation allowance of $110.3 million	$	209.1		$	90.6		$	(5.5	)	$	294.2
TOTAL ASSETS		1,057.4			90.6			(5.5	)		1,142.5
Long-term payable to founding members under tax receivable agreement		143.4			68.9			—			212.3
Long-term deferred liability		48.3			(42.8	)		(5.5	)		—
Total liabilities		1,238.6			26.1			(5.5	)		1,259.2
Additional paid in capital (deficit)		(207.7	)		97.2			—			(110.5	)
Retained earnings (distributions in excess of earnings)		(215.6	)		(32.7	)		—			(248.3	)
Total equity/(deficit)		(181.2	)		64.5			—			(116.7	)
TOTAL LIABILITIES AND EQUITY/DEFICIT		1,057.4			90.6			(5.5	)		1,142.5

(1)	The company reclassified deferred tax balances related to NCM, LLC to reflect the full outside basis differences.

The following tables present the effects of the correction of the error to the Consolidated Statements of Income and the Consolidated Statements of Comprehensive Income (in millions, except for per share data):

	For the Year ended December 29, 2016
	As Reported		Correction of an Error			As Corrected
Accretion of interest on the discounted payable to founding members under tax receivable agreement	$	13.9	$	5.7		$	19.6
Loss on re-measurement of the payable to founding members under the tax receivable agreement		—		1.0			1.0
Total non-operating expenses		76.8		6.7			83.5
INCOME BEFORE INCOME TAXES		96.2		(6.7	)		89.5
Income tax expense		9.2		(1.7	)		7.5
CONSOLIDATED NET INCOME		87.0		(5.0	)		82.0
NET INCOME ATTRIBUTABLE TO NCM, INC.	$	25.4	$	(5.0	)	$	20.4

NET INCOME PER NCM, INC. COMMON SHARE:
Basic	$	0.42	$	(0.08	)	$	0.34
Diluted	$	0.42	$	(0.08	)	$	0.34

	For the Year ended December 29, 2016
	As Reported		Correction of an Error			As Corrected
CONSOLIDATED COMPREHENSIVE INCOME	$	87.0	$	(5.0	)	$	82.0
COMPREHENSIVE INCOME ATTRIBUTABLE TO NCM, INC.	$	25.4	$	(5.0	)	$	20.4

	For the Year ended December 31, 2015
	As Reported		Correction of an Error			As Corrected
Accretion of interest on the discounted payable to founding members under tax receivable agreement	$	14.1	$	5.3		$	19.4
Gain on re-measurement of the payable to founding members under the tax receivable agreement		—		(2.9	)		(2.9	)
Total non-operating expenses		66.5		2.4			68.9
INCOME BEFORE INCOME TAXES		81.5		(2.4	)		79.1
Income tax expense		17.8		1.7			19.5
CONSOLIDATED NET INCOME		63.7		(4.1	)		59.6
NET INCOME ATTRIBUTABLE TO NCM, INC.	$	15.4	$	(4.1	)	$	11.3

NET INCOME PER NCM, INC. COMMON SHARE:
Basic	$	0.26	$	(0.07	)	$	0.19
Diluted	$	0.26	$	(0.07	)	$	0.19

	For the Year ended December 31, 2015
	As Reported		Correction of an Error			As Corrected
CONSOLIDATED COMPREHENSIVE INCOME	$	65.0	$	(4.1	)	$	60.9
COMPREHENSIVE INCOME ATTRIBUTABLE TO NCM, INC.	$	15.8	$	(4.1	)	$	11.7

The following tables present the effects of the correction of the error to the Consolidated Statements of Cash Flow (in millions):

	For the Year ended December 29, 2016
	As Reported		Correction of an Error			As Corrected
Consolidated net income	$	87.0	$	(5.0	)	$	82.0
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Deferred income tax expense		11.6		(1.8	)		9.8
Accretion of interest on the discounted payable to founding members under tax receivable agreement		13.9		5.7			19.6
Non-cash (gain) loss on re-measurement of the payable to founding members under the tax receivable agreement		—		1.0			1.0
Net cash provided by operating activities		133.5		—			133.5

	For the Year ended December 31, 2015
	As Reported		Correction of an Error			As Corrected
Consolidated net income	$	63.7	$	(4.1	)	$	59.6
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Deferred income tax expense		12.1		1.7			13.8
Accretion of interest on the discounted payable to founding members under tax receivable agreement		14.1		5.3			19.4
Non-cash (gain) loss on re-measurement of the payable to founding members under the tax receivable agreement		—		(2.9	)		(2.9	)
Net cash provided by operating activities		105.3		—			105.3

Basis of Presentation and Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 28, 2017

Accounting Policies [Abstract]

Basis of Presentation

Advertising is the principal business activity of the Company and is the Company’s only reportable segment under the requirements of ASC 280 – Segment Reporting.

Estimates

Accounting Period

		Reference in
Fiscal Year Ended		this Document
December 28, 2017		2017
December 29, 2016		2016
December 31, 2015		2015

Revenue Recognition

Barter Transactions

Operating Costs

Cash and Cash Equivalents

Restricted Cash

Marketable Securities

Concentration of Credit Risk and Significant Customers

Receivables consisted of the following (in millions):

	As of
	December 28, 2017			December 29, 2016
Trade accounts	$	166.4		$	166.0
Other		0.2			0.8
Less: Allowance for doubtful accounts		(6.0	)		(6.3	)
Total	$	160.6		$	160.5

Long-lived Assets

Equipment	4-10 years
Computer hardware and software	3-5 years
Leasehold improvements	Lesser of lease term or asset life

Intangible Assets

Amounts Due to/from Founding Members

Income Taxes

Debt Issuance Costs

The changes in debt issuance costs are as follows (in millions):

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Beginning balance	$	12.6		$	12.9		$	15.5
Debt issuance payments		—			4.8			—
Amortization of debt issuance costs		(2.6	)		(2.6	)		(2.6	)
Write-off of debt issuance costs		—			(2.5	)		—
Ending balance	$	10.0		$	12.6		$	12.9

Share-Based Compensation

Fair Value Measurements

Level 1 – Quoted prices in active markets for identical assets or liabilities.

Level 3 – Inputs that are generally unobservable and typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability.

Derivative Instruments

Consolidation

The following table presents the changes in NCM, Inc.’s equity resulting from net income attributable to NCM, Inc. and transfers to or from noncontrolling interests (in millions):

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Net income attributable to NCM, Inc.	$	2.5		$	20.4		$	11.3
NCM LLC equity issued for purchase of intangible asset		78.8			9.2			44.4
Income tax and other impacts of NCM LLC ownership changes (1)		42.5			(3.0	)		(15.2	)
NCM, Inc. investment in NCM LLC		(84.9	)		—			(3.2	)
Issuance of shares		84.7			—			3.2
Change from net income attributable to NCM, Inc. and transfers from noncontrolling interests	$	123.6		$	26.6		$	40.5

(1)

Recently Adopted Accounting Pronouncements

Recently Issued Accounting Pronouncements

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 28, 2017

Accounting Policies [Abstract]

Schedule of Fiscal Year Ends

		Reference in
Fiscal Year Ended		this Document
December 28, 2017		2017
December 29, 2016		2016
December 31, 2015		2015

Schedule of Receivables

	As of
	December 28, 2017			December 29, 2016
Trade accounts	$	166.4		$	166.0
Other		0.2			0.8
Less: Allowance for doubtful accounts		(6.0	)		(6.3	)
Total	$	160.6		$	160.5

Schedule of Useful Lives

Equipment	4-10 years
Computer hardware and software	3-5 years
Leasehold improvements	Lesser of lease term or asset life

Changes in Debt Issuance Costs

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Beginning balance	$	12.6		$	12.9		$	15.5
Debt issuance payments		—			4.8			—
Amortization of debt issuance costs		(2.6	)		(2.6	)		(2.6	)
Write-off of debt issuance costs		—			(2.5	)		—
Ending balance	$	10.0		$	12.6		$	12.9

Changes in Equity

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Net income attributable to NCM, Inc.	$	2.5		$	20.4		$	11.3
NCM LLC equity issued for purchase of intangible asset		78.8			9.2			44.4
Income tax and other impacts of NCM LLC ownership changes (1)		42.5			(3.0	)		(15.2	)
NCM, Inc. investment in NCM LLC		(84.9	)		—			(3.2	)
Issuance of shares		84.7			—			3.2
Change from net income attributable to NCM, Inc. and transfers from noncontrolling interests	$	123.6		$	26.6		$	40.5

(1)

Earnings Per Share (Tables)

12 Months Ended

Dec. 28, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

	Years Ended
	December 28, 2017			December 29, 2016		December 31, 2015
Net income attributable to NCM, Inc. (in millions)		$	2.5	$	20.4	$	11.3
Net income attributable to NCM, Inc. following conversion of dilutive membership units (net of estimated taxes of $55.1, $0.0, and $0.0)		$	3.6	$	20.4	$	11.3
Weighted average shares outstanding:
Basic			65,226,817		59,788,026		58,979,508
Add: Dilutive effect of stock options, restricted stock, and exchangeable NCM LLC common membership units			85,840,453		817,544		609,791
Diluted			151,067,270		60,605,570		59,589,299
Earnings per NCM, Inc. share:
Basic		$	0.04	$	0.34	$	0.19
Diluted		$	0.02	$	0.34	$	0.19

Property and Equipment (Tables)

12 Months Ended

Dec. 28, 2017

Property Plant And Equipment [Abstract]

Summary of Property and Equipment

	As of
	December 28, 2017			December 29, 2016
Equipment, computer hardware and software	$	92.9		$	86.6
Leasehold improvements		4.0			3.4
Less: Accumulated depreciation		(70.4	)		(64.1	)
Subtotal		26.5			25.9
Construction in progress		4.2			3.7
Total property and equipment	$	30.7		$	29.6

Intangible Assets (Tables)

12 Months Ended

Dec. 28, 2017

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Intangible Asset's Activity

The following is a summary of the Company’s intangible asset’s activity (in millions) during 2017 and 2016:

	As of December 29, 2016			Additions (1)		Amortization			Integration and other encumbered theater payments (3)			As of December 28, 2017
Gross carrying amount	$	679.4		$	204.1	$	—		$	(20.9	)	$	862.6
Accumulated amortization		(118.9	)		—		(26.5	)		—			(145.4	)
Total intangible assets, net	$	560.5		$	204.1	$	(26.5	)	$	(20.9	)	$	717.2

	As of December 31, 2015			Additions (2)		Amortization			Integration and other encumbered theater payments (3)			As of December 29, 2016
Gross carrying amount	$	658.6		$	23.4	$	—		$	(2.6	)	$	679.4
Accumulated amortization		(91.9	)		—		(27.0	)		—			(118.9	)
Total intangible assets, net	$	566.7		$	23.4	$	(27.0	)	$	(2.6	)	$	560.5

(1)

During 2017, the Company purchased intangible assets for $2.1 million associated with network affiliate agreements.

During 2017, the Company purchased intangible assets for $0.2 million associated with acquired software.

(2)

During 2016, the Company purchased intangible assets for $2.3 million associated with network affiliate agreements.

(3)

Summary of Estimated Aggregate Amortization Expense

The estimated aggregate amortization expense for each of the five succeeding years is as follows (in millions):

Year	Amortization
2018	$	26.5
2019	$	26.3
2020	$	26.3
2021	$	26.3
2022	$	25.9

Accrued Expenses (Tables)

12 Months Ended

Dec. 28, 2017

Payables And Accruals [Abstract]

Schedule Of Accrued Expenses

	As of
	December 28, 2017		December 29, 2016
Make-good reserve	$	5.5	$	4.6
Accrued interest		11.6		11.3
Deferred rent		0.8		1.8
Other accrued expenses		2.0		1.9
Total accrued expenses	$	19.9	$	19.6

Income Taxes (Tables)

12 Months Ended

Dec. 28, 2017

Schedule of Components of Income Tax Expense

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Current:
Federal	$	(1.6	)	$	(2.5	)	$	4.5
State		—			0.2			1.2
Total current income tax (benefit)/expense	$	(1.6	)	$	(2.3	)	$	5.7
Deferred:
Federal	$	102.0		$	9.1		$	11.3
State		28.6			0.7			2.5
Total deferred income tax expense	$	130.6		$	9.8		$	13.8
Total income tax provision on Consolidated Statements of Income	$	129.0		$	7.5		$	19.5
Income tax expense on other comprehensive income	$	—		$	—		$	0.3

Schedule of Reconciliation of Provision for Income Taxes

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
Provision calculated at federal statutory income tax rate:
Income before income taxes	$	65.6		$	31.4		$	27.7
Less: Noncontrolling interests		(19.7	)		(21.6	)		(16.9	)
Income attributable to NCM, Inc.		45.9			9.8			10.8
Current year change to enacted federal and state rate (1)		81.2			(1.9	)		1.9
State and local income taxes, net of federal benefit		4.9			1.3			1.3
NCM LLC income taxes		0.2			0.1			0.1
Share-based compensation		0.8			(0.1	)		0.3
Uncertain tax positions (2)		(1.7	)		(2.9	)		4.9
Change in the valuation allowance		(4.2	)		—			—
NCM LLC membership unit issuance to NCM, Inc.		0.5			0.9			0.2
Other		1.4			0.3			—
Total income tax provision	$	129.0		$	7.5		$	19.5

(1)

Refer to the discussion of the impact of the Tax Act within the ‘Tax Reform’ section below.

(2)

Schedule of Components of Deferred Tax Assets

	Years Ended
	December 28, 2017			December 29, 2016
Deferred tax assets:
Investment in consolidated subsidiary NCM LLC (1)	$	241.0		$	384.4
Share-based compensation		3.7			6.3
Net operating losses		12.7			11.4
Accrued bonus		0.4			0.8
Other		1.3			1.6
Total gross deferred tax assets	$	259.1		$	404.5
Valuation allowance (1)		(98.1	)		(110.3	)
Total deferred tax assets, net of valuation allowance	$	161.0		$	294.2

(1)

Schedule of Reconciliation of Unrecognized Tax Benefits, Excluding Interest and Penalties

	Years Ended
	December 28, 2017			December 29, 2016
Balance at beginning of period	$	1.6		$	3.9
Additions based on tax positions related to prior years		—			—
Reductions based on the lapse of applicable statute of limitations		(1.3	)		(2.3	)
Balance at end of period	$	0.3		$	1.6

Related Party Transactions (Tables)

12 Months Ended

Dec. 28, 2017

Schedule of Mandatory Distributions to Members

Mandatory distributions for the years ended December 28, 2017, December 29, 2016 and December 31, 2015 are as follows (in millions):

	Years Ended
	December 28, 2017		December 29, 2016		December 31, 2015
AMC	$	27.1	$	23.6	$	23.8
Cinemark		29.1		25.4		28.7
Regal		28.8		26.1		29.6
Total founding members		85.0		75.1		82.1
NCM, Inc.		75.9		57.5		66.4
Total	$	160.9	$	132.6	$	148.5

Schedule of Amounts Due to Founding Members

Amounts due to founding members as of December 28, 2017 were comprised of the following (in millions):

	AMC			Cinemark			Regal		Total
Theater access fees, net of beverage revenues and other encumbered theater payments	$	1.5		$	1.0		$	1.5	$	4.0
Distributions payable to founding members		10.8			13.5			13.3		37.6
Integration payments due from founding members		(8.5	)		(0.4	)		—		(8.9	)
Total	$	3.8		$	14.1		$	14.8	$	32.7

Amounts due to founding members as of December 29, 2016 were comprised of the following (in millions):

	AMC			Cinemark			Regal		Total
Theater access fees, net of beverage revenues and other encumbered theater payments	$	1.6		$	0.9		$	1.4	$	3.9
Distributions payable to founding members		12.3			13.6			14.0		39.9
Integration payments due from founding members		(0.7	)		(0.3	)		—		(1.0	)
Cost and other reimbursement		—			(0.1	)		—		(0.1	)
Total	$	13.2		$	14.1		$	15.4	$	42.7

Future Minimum Principal Payments of Notes Receivable

Year	Minimum Principal Payments
2018	$	4.2
2019		4.1
Total	$	8.3

Founding Members [Member]

Schedule of Related Party Transactions

Following is a summary of the transactions between the Company and the founding members (in millions):

	Years Ended
Included in the Consolidated Statements of Income:	December 28, 2017		December 29, 2016		December 31, 2015
Revenue:
Beverage concessionaire revenue (included in advertising revenue) (1)	$	29.9	$	28.7	$	30.0
Advertising inventory revenue (included in advertising revenue) (2)		—		0.4		0.2
Operating expenses:
Theater access fee (3)		76.5		75.1		72.5
Purchase of movie tickets and concession products and rental of theater space (included in selling and marketing costs) (4)		2.1		1.6		1.2
Purchase of movie tickets and concession products and rental of theater space (included in advertising operating costs)		0.1		—		—
Purchase of movie tickets and concession products and rental of theater space (included in other administrative and other costs)		—		0.1		0.1
Non-operating expenses:
Interest income from notes receivable (included in interest income) (5)		0.6		0.8		1.0

(1)

(2)

The value of such purchases is calculated by reference to NCM LLC’s advertising rate card.

(3)

(4)

Used primarily for marketing to NCM LLC’s advertising clients.

(5)

Refer to the discussion of the Fathom Events sale under AC JV, LLC transactions below.

	As of
Included in the Consolidated Balance Sheets:	December 28, 2017		December 29, 2016
Current portion of note receivable - founding members (1)	$	4.2	$	5.6
Long-term portion of note receivable - founding members (1)		4.1		8.3
Interest receivable on notes receivable (included in other current assets)		—		0.3
Common unit adjustments, net of amortization and integration payments (included in intangible assets)		687.1		529.9
Current payable to founding members under tax receivable agreement		19.6		18.4
Long-term payable to founding members under tax receivable agreement		114.0		212.3

(1)

Refer to the discussion of the Fathom Events sale under AC JV, LLC transactions below.

Borrowings (Tables) - NCM, LLC. [Member]

12 Months Ended

Dec. 28, 2017

Schedule of Outstanding Debt

The following table summarizes NCM LLC’s total outstanding debt as of December 28, 2017 and December 29, 2016 and the significant terms of its borrowing arrangements:

	Outstanding Balance as of
Borrowings ($ in millions)	December 28, 2017			December 29, 2016			Maturity Date	Interest Rate
Revolving credit facility	$	12.0		$	15.0		November 26, 2019	(1)
Term loans		270.0			270.0		November 26, 2019	(1)
Senior secured notes due 2022		400.0			400.0		April 15, 2022	6.000%
Senior unsecured notes due 2026		250.0			250.0		August 15, 2026	5.750%
Total borrowings	$	932.0		$	935.0
Less: Debt issuance costs related to term loans and senior notes		(8.7	)		(10.7	)
Carrying value of long-term debt	$	923.3		$	924.3

(1)	The interest rates on the revolving credit facility and term loan are described below.

Schedule of Annual Maturities on Credit Facility and Senior Notes

Year	Amount
2018	$	—
2019		282.0
2020		—
2021		—
2022		400.0
Thereafter		250.0
Total	$	932.0

Share-Based Compensation (Tables)

12 Months Ended

Dec. 28, 2017

Schedule of Share-Based Compensation Costs

The Company recognized $11.2 million, $18.3 million and $14.8 million for the years ended December 28, 2017, December 29, 2016 and December 31, 2015, respectively, of share-based compensation expense within network costs, selling and marketing costs and administrative and other costs in the Consolidated Statements of Income as shown in the table below.

	Years Ended
	December 28, 2017		December 29, 2016		December 31, 2015
Share-based compensation costs included in network costs	$	1.0	$	1.1	$	0.9
Share-based compensation costs included in selling and marketing costs		4.1		6.0		5.5
Share-based compensation costs included in administrative and other costs (1)		6.1		11.2		8.4
Total share-based compensation costs	$	11.2	$	18.3	$	14.8

(1)

Includes $2.3 million of expense associated with the modification of certain former executive equity awards during the year ended December 29, 2016, as described further below.

2007 Plan [Member]

Summary of Option Award Activity

A summary of option award activity under the 2007 Plan as of December 28, 2017, and changes during the year then ended are presented below:

	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value (in millions)
Outstanding as of December 29, 2016		2,574,544		$	16.59
Granted		—			—
Exercised		(58,450	)	$	11.04
Forfeited		(130,219	)	$	17.03
Expired		(220,694	)	$	19.06
Outstanding as of December 28, 2017		2,165,181		$	16.47		3.0	$	—
Exercisable as of December 28, 2017		2,165,181		$	16.47		3.0	$	—
Vested and expected to vest as of December 28, 2017		2,165,181		$	16.47		3.0	$	—

2007 Plan and 2016 Plan [Member]

Summary of Restricted Stock Awards and Restricted Stock Units

A summary of restricted stock award and restricted stock unit activity as of December 28, 2017, and changes during the year then ended are presented below:

	Number of Restricted Shares and Restricted Stock Units			Weighted Average Grant-Date Fair Value
Non-vested balance as of December 29, 2016		2,590,262		$	15.66
Granted		956,070		$	14.34
Vested (1)		(1,046,179	)	$	16.66
Forfeited		(191,191	)	$	15.44
Non-vested balance as of December 28, 2017		2,308,962		$	14.70

(1)

Includes 336,819 vested shares that were withheld to cover tax obligations and were subsequently canceled.

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 28, 2017

Commitments And Contingencies Disclosure [Abstract]

Schedule of Minimum Lease Payments Under Noncancelable Operating Leases

Year	Minimum Lease Payments
2018	$	3.3
2019		3.5
2020		3.3
2021		3.4
2022		3.4
Thereafter		25.5
Total	$	42.4

Fair Value Measurements (Tables)

12 Months Ended

Dec. 28, 2017

Fair Value Disclosures [Abstract]

Schedule of Other Assets

	As of
	December 28, 2017		December 29, 2016
Investment in AC JV, LLC (1)	$	1.0	$	1.0
Other investments (2)		2.5		5.6
Total	$	3.5	$	6.6

(1)

Refer to Note 8—Related Party Transactions.

(2)

Estimated Fair Values of Company's Financial Instruments

	As of December 28, 2017				As of December 29, 2016
	Carrying Value		Fair Value (1)		Carrying Value		Fair Value (1)
Term loans	$	270.0	$	270.8	$	270.0	$	272.7
Senior Notes due 2022		400.0		407.3		400.0		414.5
Senior Notes due 2026		250.0		235.0		250.0		256.7

(1)

Fair Values of the Company's Assets

			Fair Value Measurements at Reporting Date Using
	Fair Value As of December 28, 2017		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
ASSETS:
Cash equivalents (1)	$	12.2	$	8.2	$	4.0	$	—
Short-term marketable securities (2)		13.1		—		13.1		—
Long-term marketable securities (2)		16.2		—		16.2		—
Total assets	$	41.5	$	8.2	$	33.3	$	—

			Fair Value Measurements at Reporting Date Using
	Fair Value As of December 29, 2016		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
ASSETS:
Cash equivalents (1)	$	5.3	$	0.3	$	5.0	$	—
Short-term marketable securities (2)		26.1		5.2		20.9		—
Long-term marketable securities (2)		19.6		17.3		2.3		—
Total assets	$	51.0	$	22.8	$	28.2	$	—

(1)

(2)

Schedule of Marketable Securities

	As of December 28, 2017
	Amortized Cost Basis (in millions)		Aggregate Fair Value (in millions)		Maturities (1) (in years)
MARKETABLE SECURITIES:
Short-term U.S. government agency bonds	$	2.3	$	2.2		0.9
Short-term certificates of deposit		0.9		0.9		0.8
Short-term commercial paper:
Financial		6.0		6.0		0.3
Industrial		4.0		4.0		0.3
Total short-term marketable securities		13.2		13.1

Long-term municipal bonds		1.9		1.9		2.1
Long-term U.S. government agency bonds		10.4		10.2		2.5
Long-term certificates of deposit		4.1		4.1		1.8
Total long-term marketable securities		16.4		16.2
Total marketable securities	$	29.6	$	29.3

	As of December 29, 2016
	Amortized Cost Basis (in millions)		Aggregate Fair Value (in millions)		Maturities (1) (in years)
MARKETABLE SECURITIES:
Short-term U.S. government treasury bonds	$	1.2	$	1.2		0.8
Short-term municipal bonds		2.9		2.9		0.6
Short-term U.S. government agency bonds		1.0		1.0		0.5
Short-term commercial paper		13.0		13.0		0.1
Short-term certificates of deposit:
Financial		7.7		7.7		0.6
Industrial		0.3		0.3		0.9
Total short-term marketable securities		26.1		26.1

Long-term municipal bonds		1.9		1.8		2.7
Long-term U.S. government agency bonds		15.6		15.5		3.5
Long-term certificates of deposit		2.2		2.3		2.6
Total long-term marketable securities		19.7		19.6
Total marketable securities	$	45.8	$	45.7

(1)

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details

Derivative Instruments And Hedging Activities (Tables)

12 Months Ended

Dec. 28, 2017

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Changes in AOCI by Component

The changes in AOCI by component for the years ended December 28, 2017, December 29, 2016 and December 31, 2015 were as follows (in millions):

	Years Ended
	December 28, 2017		December 29, 2016		December 31, 2015			Income Statement Location
Balance at beginning of period	$	—	$	—	$	(0.4	)
Amounts reclassified from AOCI:
Amortization on discontinued cash flow hedges		—		—		1.6		Amortization of terminated derivatives
Total amounts reclassified from AOCI		—		—		1.6
Noncontrolling interest on reclassifications		—		—		(0.9	)
Tax effect on reclassifications		—		—		(0.3	)
Net other comprehensive income		—		—		0.4
Impact of subsidiary ownership changes		—		—		—
Balance at end of period	$	—	$	—	$	—

Valuation and Qualifying Accounts (Tables)

12 Months Ended

Dec. 28, 2017

Valuation And Qualifying Accounts [Abstract]

Schedule of Valuation and Qualifying Accounts

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
ALLOWANCE FOR DOUBTFUL ACCOUNTS:
Balance at beginning of period	$	6.3		$	5.6		$	4.3
Provision for bad debt		1.1			2.1			1.9
Write-offs, net		(1.4	)		(1.4	)		(0.6	)
Balance at end of period	$	6.0		$	6.3		$	5.6

	Years Ended
	December 28, 2017			December 29, 2016			December 31, 2015
VALUATION ALLOWANCE ON DEFERRED TAX ASSETS:
Balance at beginning of period	$	110.3		$	110.4		$	127.5
Valuation allowance reversed		(12.2	)		(0.1	)		(17.1	)
Balance at end of period	$	98.1		$	110.3		$	110.4

Quarterly Financial Data (Tables)

12 Months Ended

Dec. 28, 2017

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Data

2017	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
Revenue	$	71.9		$	97.1	$	116.4	$	140.7
Operating expenses		66.8			68.8		66.1		70.5
Operating income		5.1			28.3		50.3		70.2
Consolidated net (loss) income (1)		(10.3	)		10.0		31.1		27.9
(Loss) Net income attributable to NCM, Inc. (1)		(5.9	)		0.7		8.6		(0.9	)
(Loss) Earnings per NCM, Inc. share, basic (1)(2)		(0.10	)		0.01		0.13		(0.01	)
(Loss) Earnings per NCM, Inc. share, diluted (1)(2)		(0.10	)		0.01		0.13		(0.01	)

2016	First Quarter			Second Quarter		Third Quarter		Fourth Quarter
Revenue	$	76.2		$	115.4	$	113.5	$	142.5
Operating expenses		70.4			68.9		65.1		70.2
Operating (loss) income		5.8			46.5		48.4		72.3
Consolidated net (loss) income (1)		(9.8	)		24.5		20.3		47.0
(Loss) Net income attributable to NCM, Inc. (1)		(5.5	)		5.6		6.9		13.4
(Loss) Earnings per NCM, Inc. share, basic (1)(2)		(0.09	)		0.09		0.12		0.22
(Loss) Earnings per NCM, Inc. share, diluted (1)(2)		(0.09	)		0.09		0.11		0.22

(1)

(2)

Correction of an Error (Tables)

12 Months Ended

Dec. 28, 2017

Retained Earnings Balance and Additional Paid in Capital (Deficit) Balance [Member]

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Unaudited Consolidated Financial Statements and Corresponding Footnotes for Prior Periods Adjusted from Amounts Previously Reported to Reflect Correction of Error

The following tables present the effect of the correction of the error to the January 1, 2015 beginning retained earnings balance and additional paid in capital (deficit) balance (in millions):

Beginning retained earnings (distributions in excess of earnings), as of January 1, 2015 – as previously reported	$	(147.4	)
Prior period adjustment		(23.6	)
Beginning retained earnings (distributions in excess of earnings), as of January 1, 2015 – as corrected	$	(171.0	)

Beginning additional paid in capital (deficit), as of January 1, 2015 – as previously reported	$	(261.0	)
Prior period adjustment		96.9
Beginning additional paid in capital (deficit), as of January 1, 2015 – as corrected	$	(164.1	)

Consolidated Balance Sheet [Member]

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Unaudited Consolidated Financial Statements and Corresponding Footnotes for Prior Periods Adjusted from Amounts Previously Reported to Reflect Correction of Error

The following table presents the effects of the correction of the error to the Consolidated Balance Sheet (in millions):

	As of December 29, 2016
	As Reported			Correction of an Error			Reclassification (1)			As Corrected
Long-term deferred tax assets, net of valuation allowance of $110.3 million	$	209.1		$	90.6		$	(5.5	)	$	294.2
TOTAL ASSETS		1,057.4			90.6			(5.5	)		1,142.5
Long-term payable to founding members under tax receivable agreement		143.4			68.9			—			212.3
Long-term deferred liability		48.3			(42.8	)		(5.5	)		—
Total liabilities		1,238.6			26.1			(5.5	)		1,259.2
Additional paid in capital (deficit)		(207.7	)		97.2			—			(110.5	)
Retained earnings (distributions in excess of earnings)		(215.6	)		(32.7	)		—			(248.3	)
Total equity/(deficit)		(181.2	)		64.5			—			(116.7	)
TOTAL LIABILITIES AND EQUITY/DEFICIT		1,057.4			90.6			(5.5	)		1,142.5

(1)	The company reclassified deferred tax balances related to NCM, LLC to reflect the full outside basis differences.

Consolidated Statements of Income and Consolidated Statements of Comprehensive Income [Member]

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Unaudited Consolidated Financial Statements and Corresponding Footnotes for Prior Periods Adjusted from Amounts Previously Reported to Reflect Correction of Error

	For the Year ended December 29, 2016
	As Reported		Correction of an Error			As Corrected
Accretion of interest on the discounted payable to founding members under tax receivable agreement	$	13.9	$	5.7		$	19.6
Loss on re-measurement of the payable to founding members under the tax receivable agreement		—		1.0			1.0
Total non-operating expenses		76.8		6.7			83.5
INCOME BEFORE INCOME TAXES		96.2		(6.7	)		89.5
Income tax expense		9.2		(1.7	)		7.5
CONSOLIDATED NET INCOME		87.0		(5.0	)		82.0
NET INCOME ATTRIBUTABLE TO NCM, INC.	$	25.4	$	(5.0	)	$	20.4

NET INCOME PER NCM, INC. COMMON SHARE:
Basic	$	0.42	$	(0.08	)	$	0.34
Diluted	$	0.42	$	(0.08	)	$	0.34

	For the Year ended December 29, 2016
	As Reported		Correction of an Error			As Corrected
CONSOLIDATED COMPREHENSIVE INCOME	$	87.0	$	(5.0	)	$	82.0
COMPREHENSIVE INCOME ATTRIBUTABLE TO NCM, INC.	$	25.4	$	(5.0	)	$	20.4

	For the Year ended December 31, 2015
	As Reported		Correction of an Error			As Corrected
Accretion of interest on the discounted payable to founding members under tax receivable agreement	$	14.1	$	5.3		$	19.4
Gain on re-measurement of the payable to founding members under the tax receivable agreement		—		(2.9	)		(2.9	)
Total non-operating expenses		66.5		2.4			68.9
INCOME BEFORE INCOME TAXES		81.5		(2.4	)		79.1
Income tax expense		17.8		1.7			19.5
CONSOLIDATED NET INCOME		63.7		(4.1	)		59.6
NET INCOME ATTRIBUTABLE TO NCM, INC.	$	15.4	$	(4.1	)	$	11.3

NET INCOME PER NCM, INC. COMMON SHARE:
Basic	$	0.26	$	(0.07	)	$	0.19
Diluted	$	0.26	$	(0.07	)	$	0.19

	For the Year ended December 31, 2015
	As Reported		Correction of an Error			As Corrected
CONSOLIDATED COMPREHENSIVE INCOME	$	65.0	$	(4.1	)	$	60.9
COMPREHENSIVE INCOME ATTRIBUTABLE TO NCM, INC.	$	15.8	$	(4.1	)	$	11.7

Consolidated Statements of Cash Flow [Member]

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Unaudited Consolidated Financial Statements and Corresponding Footnotes for Prior Periods Adjusted from Amounts Previously Reported to Reflect Correction of Error

The following tables present the effects of the correction of the error to the Consolidated Statements of Cash Flow (in millions):

	For the Year ended December 29, 2016
	As Reported		Correction of an Error			As Corrected
Consolidated net income	$	87.0	$	(5.0	)	$	82.0
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Deferred income tax expense		11.6		(1.8	)		9.8
Accretion of interest on the discounted payable to founding members under tax receivable agreement		13.9		5.7			19.6
Non-cash (gain) loss on re-measurement of the payable to founding members under the tax receivable agreement		—		1.0			1.0
Net cash provided by operating activities		133.5		—			133.5

	For the Year ended December 31, 2015
	As Reported		Correction of an Error			As Corrected
Consolidated net income	$	63.7	$	(4.1	)	$	59.6
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Deferred income tax expense		12.1		1.7			13.8
Accretion of interest on the discounted payable to founding members under tax receivable agreement		14.1		5.3			19.4
Non-cash (gain) loss on re-measurement of the payable to founding members under the tax receivable agreement		—		(2.9	)		(2.9	)
Net cash provided by operating activities		105.3		—			105.3

Basis of Presentation and Summary of Significant Accounting Policies (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 28, 2017 USD ($) item customer shares	Dec. 29, 2016 USD ($) item customer	Dec. 31, 2015 USD ($) customer	Jan. 01, 2015 USD ($)
Accounting Policies [Line Items]
Common membership units outstanding \| shares	76,242,222
Percentage of common membership units outstanding	49.50%
Membership units exchangeable into common stock ratio	100.00%
Non-cash revenue	$ 426.1	$ 447.6	$ 446.5
Revenue from barter transactions	0.8	2.5	2.0
Expenses from barter transactions	1.4	2.3	2.5
Restricted cash	0.0	0.3
Net book value	30.7	29.6
Depreciation expense	10.9	8.6	9.6
Research and development expense	3.6	3.4	1.5
Loss on write-off of property, plant and equipment	0.1	0.2	0.4
Deferred financing costs	$ 10.0	12.6	12.9	$ 15.5
Restricted Stock and Restricted Stock Units [Member]
Accounting Policies [Line Items]
Share-based compensation, vesting period	3 years
Share-based compensation, service condition period	3 years
Software And Development Costs [Member]
Accounting Policies [Line Items]
Net book value	$ 16.5	16.6
Depreciation expense	$ 6.0	$ 3.9	$ 5.0
Accounts Receivable [Member] \| Credit Concentration Risk [Member]
Accounting Policies [Line Items]
Number of advertising agency groups contributing to more than 10% of outstanding gross receivable balance \| item	0	0
Sales Revenue, Net [Member] \| Customer Concentration Risk [Member]
Accounting Policies [Line Items]
Number of customers contributing to more than 10% of revenue \| customer	0	0	0
Advertising Barter Transactions [Member]
Accounting Policies [Line Items]
Non-cash revenue	$ 0.0	$ 0.0	$ 3.1
NCM, LLC. [Member]
Accounting Policies [Line Items]
Common membership units outstanding \| shares	154,081,334
Deferred financing costs	$ 8.7	$ 10.7
Cinemark [Member]
Accounting Policies [Line Items]
Common membership units outstanding \| shares	27,871,862
Percentage of common membership units outstanding	18.10%
Regal [Member]
Accounting Policies [Line Items]
Common membership units outstanding \| shares	27,574,620
Percentage of common membership units outstanding	17.90%
AMC [Member]
Accounting Policies [Line Items]
Common membership units outstanding \| shares	22,392,630
Percentage of common membership units outstanding	14.50%
Minimum [Member]
Accounting Policies [Line Items]
Range of terms, in years	1 year
Minimum [Member] \| Software And Development Costs [Member]
Accounting Policies [Line Items]
Estimated useful life	3 years
Maximum [Member]
Accounting Policies [Line Items]
Range of terms, in years	20 years
Maximum [Member] \| Software And Development Costs [Member]
Accounting Policies [Line Items]
Estimated useful life	5 years

Basis of Presentation and Summary of Significant Accounting Policies (Schedule of Receivables) (Details) - USD ($) $ in Millions	Dec. 28, 2017	Dec. 29, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Allowance for doubtful accounts	$ (6.0)	$ (6.3)
Total	160.6	160.5
Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables	166.4	166.0
Other Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables	$ 0.2	$ 0.8

Basis of Presentation and Summary of Significant Accounting Policies (Schedule of Useful Lives) (Details)	12 Months Ended
	Dec. 28, 2017
Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	4 years
Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
Computer Hardware And Software [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Computer Hardware And Software [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life description	Lesser of lease term or asset life

Basis of Presentation and Summary of Significant Accounting Policies (Changes in Debt Issuance Costs) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Beginning balance	$ 12.6	$ 12.9	$ 15.5
Debt issuance payments		4.8
Amortization of debt issuance costs	(2.6)	(2.6)	(2.6)
Write-off of debt issuance costs		(2.5)
Ending balance	$ 10.0	$ 12.6	$ 12.9

Basis of Presentation and Summary of Significant Accounting Policies (Changes in Equity) (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2017

^[1]

Sep. 28, 2017

^[1]

Jun. 29, 2017

^[1]

Mar. 30, 2017

^[1]

Dec. 29, 2016

^[1]

Sep. 29, 2016

^[1]

Jun. 30, 2016

^[1]

Mar. 31, 2016

^[1]

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

General Company Information [Line Items]

NCM LLC equity issued for purchase of intangible asset

$ (0.9)

$ 8.6

$ 0.7

$ (5.9)

$ 13.4

$ 6.9

$ 5.6

$ (5.5)

$ 2.5

$ 20.4

$ 11.3

201.8

21.1

100.7

Income tax and other impacts of NCM LLC ownership changes

(9.7)

(1.6)

(7.3)

(84.9)

(3.2)

Change from net income attributable to NCM, Inc. and transfers from noncontrolling interests

84.9

3.2

123.6

26.6

40.5

Additional Paid In Capital (Deficit) [Member]

General Company Information [Line Items]

NCM LLC equity issued for purchase of intangible asset

78.8

9.2

44.4

Income tax and other impacts of NCM LLC ownership changes

^[2]

42.5

(3.0)

(15.2)

(84.9)

(3.2)

Increase (decrease) related to correction of out of period errors

84.7

3.2

3.6

Noncontrolling Interest [Member]

General Company Information [Line Items]

NCM LLC equity issued for purchase of intangible asset

123.0

11.9

56.3

Income tax and other impacts of NCM LLC ownership changes

(52.2)

$ 1.4

$ 7.9

Increase (decrease) related to correction of out of period errors

$ (3.6)

[1]

[2]

Earnings Per Share (Schedule of Earnings Per Share, Basic and Diluted) (Details) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2017

^[1]

Sep. 28, 2017

^[1]

Jun. 29, 2017

^[1]

Mar. 30, 2017

^[1]

Dec. 29, 2016

^[1]

Sep. 29, 2016

^[1]

Jun. 30, 2016

^[1]

Mar. 31, 2016

^[1]

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Earnings Per Share [Abstract]

Net income attributable to NCM, Inc. following conversion of dilutive membership units (net of estimated taxes of $55.1, $0.0, and $0.0)

$ (0.9)

$ 8.6

$ 0.7

$ (5.9)

$ 13.4

$ 6.9

$ 5.6

$ (5.5)

$ 2.5

$ 20.4

$ 11.3

$ 3.6

$ 20.4

$ 11.3

Add: Dilutive effect of stock options, restricted stock, and exchangeable NCM LLC common membership units

65,226,817

59,788,026

58,979,508

85,840,453

817,544

609,791

151,067,270

60,605,570

59,589,299

$ (0.01)

^[2]

$ 0.13

^[2]

$ 0.01

^[2]

$ (0.10)

^[2]

$ 0.22

^[2]

$ 0.12

^[2]

$ 0.09

^[2]

$ (0.09)

^[2]

$ 0.04

$ 0.34

$ 0.19

Goodwill And Intangible Assets Disclosure [Abstract]

$ (0.01)

^[2]

$ 0.13

^[2]

$ 0.01

^[2]

$ (0.10)

^[2]

$ 0.22

^[2]

$ 0.11

^[2]

$ 0.09

^[2]

$ (0.09)

^[2]

$ 0.02

$ 0.34

$ 0.19

[1]	These balances have been adjusted to correct for the immaterial error discussed within Note 18—Correction of an Error. In addition, such corrections in 2017 will be reflected within future interim financial filings on Form 10-Qs.
[2]	Earnings per share in each quarter is computed using the weighted-average number of common shares outstanding during that quarter while earnings per share for the full year is computed using the weighted average number of common shares outstanding during the year.

Earnings Per Share (Schedule of Earnings Per Share, Basic and Diluted) (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Estimated taxes	$ 55.1	$ 0.0	$ 0.0

Earnings Per Share (Narrative) (Details) - shares	12 Months Ended
Earnings Per Share (Narrative) (Details) - shares	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effective tax rate	98.10%
Stock Options And Non-Vested Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted weighted average shares	2,583,196	16,657	64,519
Common Membership Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted weighted average shares		77,020,686	71,439,992

Property and Equipment (Summary of Property and Equipment) (Details) - USD ($) $ in Millions	Dec. 28, 2017	Dec. 29, 2016
Property, Plant and Equipment [Line Items]
Less: Accumulated depreciation	$ (70.4)	$ (64.1)
Subtotal	26.5	25.9
Construction in progress	4.2	3.7
Total property and equipment	30.7	29.6
Equipment, Computer Hardware And Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	92.9	86.6
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 4.0	$ 3.4

Property and Equipment (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Property Plant And Equipment [Abstract]
Depreciation expense	$ 10.9	$ 8.6	$ 9.6

Intangible Assets (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net of accumulated amortization	$ 717.2	$ 560.5	$ 566.7
Amortization expense	26.5	27.0	$ 22.6
Computer Software, Intangible Asset
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net of accumulated amortization	$ 0.1	$ 0.0
Weighted average remaining life	2 years 6 months	0 days
Founding Members [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net of accumulated amortization	$ 687.1	$ 529.9
Weighted average remaining life	19 years 2 months 12 days	20 years 2 months 12 days
Network Affiliates [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net of accumulated amortization	$ 30.0	$ 30.6
Weighted average remaining life	11 years	12 years 8 months 12 days
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur	(2.00%)
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur	2.00%

Intangible Assets (Summary of Intangible Asset's Activity) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Gross carrying amount, beginning balance

$ 679.4

$ 658.6

Accumulated amortization, beginning balance

(118.9)

(91.9)

Total intangible assets, net, beginning balance

560.5

566.7

Additions

204.1

^[1]

23.4

^[2]

Amortization

(26.5)

(27.0)

$ (22.6)

Integration and other encumbered theater payments

^[3]

(20.9)

(2.6)

Gross carrying amount, ending balance

862.6

679.4

658.6

Accumulated amortization, ending balance

(145.4)

(118.9)

(91.9)

Total intangible assets, net, ending balance

$ 717.2

$ 560.5

$ 566.7

[1]	During the first quarter of 2017, NCM LLC issued 2,351,029 common membership units to its founding members for the rights to exclusive access to net new theater screens and attendees added by the founding members to NCM LLC’s network during 2016. During the first quarter of 2017, the Company issued 18,425,423 NCM LLC common membership units to AMC in respect of the annual attendance at the acquired Carmike theaters in accordance with the Common Unit Adjustment Agreement. AMC’s acquisition of Carmike meets the criteria for a Common Unit Adjustment because it resulted in an extraordinary attendance increase of approximately 9.5%. Further, the Final Judgment required AMC to transfer advertising rights to 17 theaters from NCM LLC to another advertising provider. Pursuant to the MOU, AMC surrendered 4,657,673 NCM LLC common membership units in respect of such theaters. The 4,657,673 NCM LLC common membership units were comprised of (i) 2,850,453 NCM LLC common membership units pursuant to the adjustment for divested theaters in the Common Unit Adjustment Agreement and (ii) an additional 1,807,220 NCM LLC common membership units valued at $25.0 million to compensate for NCM LLC’s lost operating income for these theaters during the 10-year term of the Final Judgment. NCM LLC recorded a net intangible asset of $201.8 million in the first quarter of 2017 as a result of these Common Unit Adjustments. During 2017, the Company purchased intangible assets for $2.1 million associated with network affiliate agreements. During 2017, the Company purchased intangible assets for $0.2 million associated with acquired software.
[2]	During the first quarter of 2016, NCM LLC issued 1,416,515 common membership units to its founding members for the rights to exclusive access to net new theater screens and attendees added by the founding members to NCM LLC’s network during 2015. NCM LLC recorded a net intangible asset of $21.1 million in the first quarter of 2016 as a result of the Common Unit Adjustment. During 2016, the Company purchased intangible assets for $2.3 million associated with network affiliate agreements.
[3]	Carmike and Rave Cinemas had pre-existing advertising agreements for some of the theaters it owned prior to their acquisitions by AMC and Cinemark. As a result, AMC and Cinemark will make integration and other encumbered theater payments over the remaining term of those agreements. During the year ended December 28, 2017 and December 29, 2016, NCM LLC recorded a reduction to net intangible assets of $20.9 million and $2.6 million, respectively, related to integration and other encumbered theater payments due from AMC and Cinemark. During the year ended December 28, 2017 and December 29, 2016, AMC and Cinemark paid a total of $12.9 million and $2.4 million, respectively related to integration and other encumbered theater payments.

Intangible Assets (Summary of Intangible Asset's Activity) (Parenthetical) (Details) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 30, 2017 USD ($) Theater shares	Mar. 31, 2016 USD ($) shares	Dec. 28, 2017 USD ($)	Dec. 29, 2016 USD ($)	Dec. 31, 2015 USD ($)
Finite-Lived Intangible Assets [Line Items]
Purchase of intangible assets from affiliate			$ 2.1	$ 2.3	$ 2.7
Integration and other encumbered theater payments received from founding members			12.9	2.4	$ 2.6
Computer Software, Intangible Asset
Finite-Lived Intangible Assets [Line Items]
Purchase of intangible assets from affiliate			0.2
AMC [Member] \| NCM, Inc. and NCM LLC, MOU with AMC to Effectuate Aspects of Final Judgment [Member]
Finite-Lived Intangible Assets [Line Items]
Common membership units issued \| shares	4,657,673
Percentage increase (decrease) in theater attendance for Common Unit adjustment to occur	9.50%
Number of theaters required to transfer advertising rights to another advertising provider \| Theater	17
Common membership units surrendered under adjustment for divested theaters \| shares	2,850,453
Common membership units surrendered under compensate for lost operating income for divested theaters \| shares	1,807,220
Common membership units surrendered, value, under compensate for lost operating income for divested theaters	$ 25.0
Compensate for lost operating income for divested theaters, term	10 years
NCM, LLC. [Member]
Finite-Lived Intangible Assets [Line Items]
Common membership units issued \| shares	2,351,029	1,416,515
Increase (decrease) in intangible assets, net	$ 201.8	$ 21.1
NCM, LLC. [Member] \| AMC and Cinemark [Member]
Finite-Lived Intangible Assets [Line Items]
Common membership units issued \| shares	18,425,423
Increase (decrease) in intangible assets, net			(20.9)	(2.6)
Integration and other encumbered theater payments received from founding members			$ 12.9	$ 2.4

Intangible Assets (Summary of Estimated Aggregate Amortization Expense) (Details) $ in Millions	Dec. 28, 2017 USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
2018	$ 26.5
2019	26.3
2020	26.3
2021	26.3
2022	$ 25.9

Accrued Expenses (Details) - USD ($) $ in Millions	Dec. 28, 2017	Dec. 29, 2016
Payables And Accruals [Abstract]
Make-good reserve	$ 5.5	$ 4.6
Accrued interest	11.6	11.3
Deferred rent	0.8	1.8
Other accrued expenses	2.0	1.9
Total accrued expenses	$ 19.9	$ 19.6

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	Dec. 01, 2015
Income Taxes [Line Items]
Percentage of cash savings related to taxes		90.00%			90.00%
Accretion of interest on the discounted payable to founding members under tax receivable agreement		$ 18.5	$ 19.6	$ 19.4
(Gain) loss on re-measurement of the payable to founding members under the tax receivable agreement		$ (103.6)	1.0	(2.9)
U.S. federal statutory rate		35.00%
Reduction in deferred tax assets		$ 32.2
Net reduction to additional paid in capital		32.2
Deferred tax assets, tax basis notes receivable		27.7
Terminating exclusion of performance-based compensation per employee per year limitation		$ 1.0
Tax effect measurement extension period		1 year
Blended state and federal tax rate		38.58%
Reduction in payable to founding members under the tax receivable agreement		$ 97.5
Reduction in net deferred tax asset		81.2
Gross capital loss carryforwards		$ 1.3
Gross capital loss carryforwards, expiration date		Dec. 31, 2021
Unrecognized tax benefits including income tax accrued interest and penalties		$ 0.3	2.0	4.9
Reversal of tax contingency reserve		1.7	2.9
Reversal of unrecognized tax benefits		1.3	2.3
Reversal of accrued interest and penalties		0.4	0.6
Reasonably possible decrease in unrecognized tax benefits		0.3
Unrecognized tax benefits		0.3	1.6
Unrecognized tax benefits, payment of interest and penalties accrued		0.0	0.4
Unrecognized tax benefits, income tax penalties and interest expense		0.0	0.6	1.0
Non-Operating Income [Member]
Income Taxes [Line Items]
Gain on reduction of payable to founding members under tax receivable agreement		97.5
Scenario, Plan [Member]
Income Taxes [Line Items]
Blended state and federal tax rate	25.38%
Founding Members [Member]
Income Taxes [Line Items]
Payments to affiliates for tax sharing agreement		18.8	25.3	21.1
Founding Members [Member] \| Tax Year 2016 [Member]
Income Taxes [Line Items]
Payments to affiliates for tax sharing agreement		18.8
Founding Members [Member] \| Tax Year 2013 [Member]
Income Taxes [Line Items]
Payments to affiliates for tax sharing agreement			2.7
Founding Members [Member] \| Tax Year 2009, 2010 and 2011 [Member]
Income Taxes [Line Items]
Payments to affiliates for tax sharing agreement				0.9
Founding Members [Member] \| Tax Year 2015 [Member]
Income Taxes [Line Items]
Payments to affiliates for tax sharing agreement			$ 22.6
Founding Members [Member] \| Tax Year 2014 [Member]
Income Taxes [Line Items]
Payments to affiliates for tax sharing agreement				$ 20.2
Domestic Tax Authority
Income Taxes [Line Items]
Net operating loss carryforwards		$ 46.4
Domestic Tax Authority \| Minimum [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2014
Operating loss carryforward, expiration date		Dec. 31, 2034
Domestic Tax Authority \| Maximum [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2016
Operating loss carryforward, expiration date		Dec. 31, 2037
State and Local Jurisdiction [Member]
Income Taxes [Line Items]
Net operating loss carryforwards		$ 62.5
State and Local Jurisdiction [Member] \| Minimum [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2012
Operating loss carryforward, expiration date		Dec. 31, 2018
State and Local Jurisdiction [Member] \| Maximum [Member]
Income Taxes [Line Items]
Income tax examination, year under examination		2016
Operating loss carryforward, expiration date		Dec. 31, 2037

Income Taxes (Schedule of Components of Income Tax Expense) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Current Federal	$ (1.6)	$ (2.5)	$ 4.5
Current State		0.2	1.2
Total current income tax (benefit)/expense	(1.6)	(2.3)	5.7
Deferred Federal	102.0	9.1	11.3
Deferred State	28.6	0.7	2.5
Total deferred income tax expense	130.6	9.8	13.8
Total income tax provision	$ 129.0	$ 7.5	19.5
Income tax expense on other comprehensive income			$ 0.3

Income Taxes (Schedule of Reconciliation of Provision for Income Taxes) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Income before income taxes

$ 65.6

$ 31.4

$ 27.7

Less: Noncontrolling interests

(19.7)

(21.6)

(16.9)

Income attributable to NCM, Inc.

45.9

9.8

10.8

Current year change to enacted federal and state rate

^[1]

81.2

(1.9)

1.9

State and local income taxes, net of federal benefit

4.9

1.3

NCM LLC income tax

0.2

0.1

Share-based compensation

0.8

(0.1)

0.3

Uncertain tax positions

^[2]

(1.7)

(2.9)

4.9

Change in the valuation allowance

(4.2)

NCM LLC membership unit issuance to NCM, Inc.

0.5

0.9

0.2

Other

1.4

0.3

Total income tax provision

$ 129.0

$ 7.5

$ 19.5

[1]

Refer to the discussion of the impact of the Tax Act within the ‘Tax Reform’ section below.

[2]

Income Taxes (Schedule of Reconciliation of Provision for Income Taxes) (Parenthetical) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Unrecognized tax benefits including income tax accrued interest and penalties

$ 0.3

$ 2.0

$ 4.9

Uncertain tax positions (reversal)

^[1]

(1.7)

(2.9)

$ 4.9

Reversal of unrecognized tax benefits

1.3

2.3

Reversal of accrued interest and penalties

$ 0.4

$ 0.6

[1]

Income Taxes (Schedule of Components of Deferred Tax Assets) (Details) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

Investment in consolidated subsidiary NCM LLC

^[1]

$ 241.0

$ 384.4

Share-based compensation

3.7

6.3

Net operating losses

12.7

11.4

Accrued bonus

0.4

0.8

Other

1.3

1.6

Total gross deferred tax assets

259.1

404.5

Valuation allowance

^[1]

(98.1)

(110.3)

Total deferred tax assets, net of valuation allowance

$ 161.0

$ 294.2

[1]

Income Taxes (Schedule of Components of Deferred Tax Assets) (Parenthetical) (Details) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

Deferred tax assets recognized

^[1]

$ 241.0

$ 384.4

Valuation allowance and reserves

^[1]

$ 98.1

$ 110.3

[1]

Income Taxes (Schedule of Reconciliation of Unrecognized Tax Benefits, Excluding Interest and Penalties) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016
Income Tax Disclosure [Abstract]
Beginning balance	$ 1.6	$ 3.9
Reductions based on the lapse of applicable statute of limitations	(1.3)	(2.3)
Ending balance	$ 0.3	$ 1.6

Equity (Narrative) (Details)	12 Months Ended
Equity (Narrative) (Details)	Dec. 28, 2017 item $ / shares shares	Dec. 29, 2016 $ / shares shares
Class of Stock [Line Items]
Common stock, shares authorized	175,000,000	175,000,000
Common stock, par value \| $ / shares	$ 0.01	$ 0.01
Common stock, shares issued	76,242,222	59,874,412
Common stock, shares outstanding	76,242,222	59,874,412
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value \| $ / shares	$ 0.01	$ 0.01
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Number of votes per common share \| item	1
NCM, LLC. [Member] \| Founding Members [Member]
Class of Stock [Line Items]
Term of advertising services	30 years

Related Party Transactions (Narrative) (Details)

1 Months Ended

3 Months Ended

6 Months Ended

12 Months Ended

Mar. 17, 2015

USD ($)

Apr. 30, 2017

Theater

Sep. 28, 2017

Jul. 02, 2015

USD ($)

Apr. 02, 2015

USD ($)

Dec. 31, 2015

Dec. 28, 2017

USD ($)

Theater

Screen

Dec. 29, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 01, 2015

Jan. 01, 2015

USD ($)

Dec. 26, 2013

USD ($)

Jun. 20, 2019

Dec. 20, 2018

Dec. 20, 2017

On-screen advertising time to satisfy agreement obligations, in seconds

30 seconds

Percentage of cash savings related to taxes

90.00%

Payments for merger-related costs

$ 15,000,000

Cash payment due to founding members/managing member

34,300,000

Cash receivable declared

$ 11,500,000

Cash payments to members

$ 0

$ 37,600,000

$ 39,900,000

Membership units exchangeable into common stock ratio

100.00%

Common stock, shares issued | shares

76,242,222

59,874,412

Cash distributions received from non-consolidated entities

$ 8,300,000

300,000

$ 200,000

200,000

Network costs

15,800,000

17,100,000

17,800,000

AC JV, LLC [Member]

Investment in AC JV, LLC

^[1]

1,000,000

Cash distributions received from non-consolidated entities

300,000

200,000

Founding Members [Member]

Cash receivable declared

14,000,000

Cash payment due to founding members/managing member

37,600,000

Cash payment due to founding members/managing member

8,300,000

AMC [Member]

10,800,000

12,300,000

Proceeds from sale of common stock

Gain (loss) from equity transaction investment due to change in ownership interest in NCM LLC

$ 0

Number of NCM LLC common units converted to NCM Inc.common stock | shares

15,600,000

Common stock, shares issued | shares

14,800,000

Cash dividends on shares of NMC Inc

$ 100,000

200,000

Term after final judgment, theaters will be reverted back

15.10%

10 years

Number of theaters transfered | Theater

Number of screens required to change pre-show advertising provider | Screen

318

Completed sale of theaters | Theater

Number of theaters transferred or sold | Theater

Reimbursement of litigation costs and expenses

$ 1,000,000

Litigation costs and expenses incurred

1,300,000

Reimbursement of amounts due to founding members

1,000,000

AMC [Member] | Administrative Cost [Member]

Litigation costs and expenses incurred

300,000

AMC [Member] | AC JV, LLC [Member]

32.00%

Cash payment due to founding members/managing member

$ 8,300,000

Regal [Member]

13,300,000

14,000,000

Regal [Member] | AC JV, LLC [Member]

32.00%

Cash payment due to founding members/managing member

$ 8,300,000

Cinemark [Member]

13,500,000

13,600,000

Cinemark [Member] | AC JV, LLC [Member]

32.00%

Screenvision, LLC [Member]

$ 8,300,000

Merger termination payment

$ 26,800,000

NCM, LLC. [Member] | AC JV, LLC [Member]

$ 7,500,000

NCM, LLC. [Member]

Cash receivable declared

$ 25,500,000

Network costs

300,000

200,000

100,000

Equity in earnings of non-consolidated entities

4.00%

Investment in AC JV, LLC

1,000,000

$ 300,000

100,000

NCM, LLC. [Member] | Founding Members [Member] | AC JV, LLC [Member]

Interest rate on notes receivable

$ 25,000,000

5.00%

NCM, LLC. [Member] | Founding Members [Member] | Promissory Notes [Member] | AC JV, LLC [Member]

Notes receivable payment term

Interest and principal payments are due annually in six equal installments commencing on the first anniversary of the closing.

NCM, LLC. [Member] | AMC [Member]

Membership units exchangeable into common stock ratio

100.00%

Approximate percentage of theater transfers or sales representing on total theater network

1.30%

NCM, LLC. [Member] | LA Live [Member]

Advertising operating costs, related party affiliates

$ 200,000

300,000

200,000

Accounts payable, related party affiliates

100,000

NCM, LLC. [Member] | AEG Live [Member]

Related party revenue

1,300,000

1,700,000

1,600,000

Accounts receivable

$ 400,000

$ 200,000

NCM, LLC. [Member] | Screenvision, LLC [Member]

On-screen advertising time to satisfy agreement obligations, in seconds

$ 7,500,000

Minimum [Member]

30 seconds

Minimum [Member] | AMC [Member]

On-screen advertising time to satisfy agreement obligations, in seconds

4.50%

Maximum [Member]

60 seconds

Maximum [Member] | AMC [Member]

Maximum [Member] | AMC [Member] | Scenario Forecast [Member]

15.00%

Selling and marketing costs

4.99%

7.50%

[1]	Refer to Note 8—Related Party Transactions.

Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Advertising revenue

$ 426.1

$ 447.6

$ 446.5

Theater access fee

^[1]

76.5

75.1

72.5

72.0

72.8

72.3

Advertising operating costs

32.4

30.0

30.8

Administrative and other costs

37.9

43.8

38.6

Interest income from notes receivable (included in interest income)

^[2]

0.6

0.8

1.0

Beverage Concessionaire [Member]

Advertising revenue

^[3]

29.9

28.7

30.0

Advertising Inventory [Member]

Advertising revenue

^[4]

0.4

0.2

Purchase Of Movie Tickets And Concession Products And Rental Of Theater Space [Member]

Selling and marketing costs

^[5]

2.1

1.6

1.2

Advertising operating costs

$ 0.1

Administrative and other costs

$ 0.1

[1]	Comprised of payments per theater attendee, payments per digital screen with respect to the founding member theaters included in the Company’s network and payments for access to higher quality digital cinema equipment.
[2]	Refer to the discussion of the Fathom Events sale under AC JV, LLC transactions below.
[3]	For the full years ended December 28, 2017 and December 29, 2016, and the six months ended December 31, 2015, two of the founding members purchased 60 seconds of on-screen advertising time and one founding member purchased 30 seconds (with all three founding members having a right to purchase up to 90 seconds) from NCM LLC to satisfy their obligations under their beverage concessionaire agreements at a 30 second equivalent CPM rate specified by the ESA. For the first six months of 2015, all of the founding members purchased 60 seconds of on-screen advertising time.
[4]	The value of such purchases is calculated by reference to NCM LLC’s advertising rate card.
[5]	Used primarily for marketing to NCM LLC’s advertising clients.

Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Statements of Income) (Parenthetical) (Details)	5 Months Ended	6 Months Ended	12 Months Ended
	Jul. 02, 2015	Dec. 31, 2015	Dec. 28, 2017	Dec. 29, 2016
Related Party Transaction [Line Items]
On-screen advertising time purchased, in seconds	60 seconds
On-screen advertising time to satisfy agreement obligations, in seconds		30 seconds	30 seconds	30 seconds
One Founding Members [Member]
Related Party Transaction [Line Items]
On-screen advertising time purchased, in seconds		30 seconds	30 seconds	30 seconds
Two Founding Members [Member]
Related Party Transaction [Line Items]
On-screen advertising time purchased, in seconds		60 seconds	60 seconds	60 seconds
Maximum [Member]
Related Party Transaction [Line Items]
On-screen advertising time to satisfy agreement obligations, in seconds			60 seconds
On-screen advertising time which founding members have right to purchase, in seconds		90 seconds	90 seconds	90 seconds
Minimum [Member]
Related Party Transaction [Line Items]
On-screen advertising time to satisfy agreement obligations, in seconds			30 seconds

Related Party Transactions (Summary of Transactions Between the Company and the Founding Members Included in Balance Sheets) (Details) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Current portion of notes receivable - founding members

^[1]

$ 4.2

$ 5.6

Long-term portion of note receivable - founding members

^[1]

4.1

8.3

Interest receivable on notes receivable (included in other current assets)

0.3

Intangible assets, net of accumulated amortization

717.2

560.5

$ 566.7

Current payable to founding members under tax receivable agreement

19.6

18.4

Long-term payable to founding members under tax receivable agreement

114.0

212.3

Common Unit Adjustments, Net of Amortization And Integration Payments [Member]

Intangible assets, net of accumulated amortization

$ 687.1

$ 529.9

[1]	Refer to the discussion of the Fathom Events sale under AC JV, LLC transactions below.

Related Party Transactions (Schedule of Mandatory Distributions to Members) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Cash distributions declared to members	$ 160.9	$ 132.6	$ 148.5
AMC [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	27.1	23.6	23.8
Cinemark [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	29.1	25.4	28.7
Regal [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	28.8	26.1	29.6
Founding Members [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	85.0	75.1	82.1
NCM Inc. [Member]
Related Party Transaction [Line Items]
Cash distributions declared to members	$ 75.9	$ 57.5	$ 66.4

Related Party Transactions (Schedule of Amounts Due to Founding Members) (Details) - USD ($) $ in Millions	Dec. 28, 2017	Dec. 29, 2016
Related Party Transaction [Line Items]
Theater access fees, net of beverage revenues and other encumbered theater payments	$ 4.0	$ 3.9
Distributions payable to founding members	37.6	39.9
Integration payments due from founding members	(8.9)	(1.0)
Cost and other reimbursement		(0.1)
Total	32.7	42.7
AMC [Member]
Related Party Transaction [Line Items]
Theater access fees, net of beverage revenues and other encumbered theater payments	1.5	1.6
Distributions payable to founding members	10.8	12.3
Integration payments due from founding members	(8.5)	(0.7)
Total	3.8	13.2
Cinemark [Member]
Related Party Transaction [Line Items]
Theater access fees, net of beverage revenues and other encumbered theater payments	1.0	0.9
Distributions payable to founding members	13.5	13.6
Integration payments due from founding members	(0.4)	(0.3)
Cost and other reimbursement		(0.1)
Total	14.1	14.1
Regal [Member]
Related Party Transaction [Line Items]
Theater access fees, net of beverage revenues and other encumbered theater payments	1.5	1.4
Distributions payable to founding members	13.3	14.0
Total	$ 14.8	$ 15.4

Related Party Transactions (Future Minimum Principal Payments of Note Receivable) (Details) $ in Millions	Dec. 28, 2017 USD ($)
Related Party Transactions [Abstract]
2018	$ 4.2
2019	4.1
Total	$ 8.3

Borrowings (Schedule of Outstanding Debt) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2017

Dec. 29, 2016

Aug. 19, 2016

Dec. 31, 2015

Jan. 01, 2015

Apr. 27, 2012

Less: Debt issuance costs related to term loans and senior notes

$ (10.0)

$ (12.6)

$ (12.9)

$ (15.5)

Carrying value of long-term debt

923.3

924.3

Term Loans [Member]

270.0

NCM, LLC. [Member]

Less: Debt issuance costs related to term loans and senior notes

932.0

935.0

(8.7)

(10.7)

Carrying value of long-term debt

923.3

924.3

NCM, LLC. [Member] | Revolving Credit Facility [Member]

^[1]

$ 12.0

15.0

NCM, LLC. [Member] | Term Loans [Member]

^[1]

Nov. 26, 2019

^[1]

$ 270.0

270.0

NCM, LLC. [Member] | Senior Secured Notes Due 2022 [Member]

^[1]

Nov. 26, 2019

$ 400.0

400.0

NCM, LLC. [Member] | Senior Unsecured Notes Due 2026 [Member]

Apr. 15, 2022

Interest Rate

6.00%

$ 250.0

Aug. 15, 2026

Interest Rate

5.75%

[1]	The interest rates on the revolving credit facility and term loan are described below.

Borrowings (Narrative) (Details) - USD ($)

12 Months Ended

Sep. 19, 2016

Dec. 28, 2017

Dec. 29, 2016

Aug. 19, 2016

May 26, 2016

May 25, 2016

Apr. 27, 2012

Jul. 05, 2011

Write off of unamortized debt issuance costs

$ 2,500,000

Term Loans [Member]

$ 270,000,000

270,000,000

NCM, LLC. [Member]

NCM, LLC. [Member] | Senior Unsecured Notes Due 2021 [Member]

$ 932,000,000

935,000,000

Debt instrument face amount

$ 200,000,000

Stated interest rate

7.875%

Date of first required interest payment

Jan. 15, 2012

Debt instrument, frequency of periodic payment

The Notes due 2021 pay interest semi-annually in arrears on January 15 and July 15 of each year, which commenced January 15, 2012.

Write off of unamortized debt issuance costs

103.938%

2,500,000

Redemption premium paid

7,900,000

NCM, LLC. [Member] | Senior Secured Notes Due 2022 [Member]

$ 400,000,000

400,000,000

Debt instrument face amount

Apr. 15, 2022

$ 400,000,000

Stated interest rate

6.00%

Date of first required interest payment

Oct. 15, 2012

Debt instrument, frequency of periodic payment

The Notes due 2022 pay interest semi-annually in arrears on April 15 and October 15 of each year, which commenced October 15, 2012.

NCM, LLC. [Member] | Senior Secured Notes Due 2022 [Member] | Change of Control [Member]

NCM, LLC. [Member] | Senior Secured Notes Due 2022 [Member] | On or After April 15, 2017 [Member]

101.00%

NCM, LLC. [Member] | Senior Unsecured Notes Due 2026 [Member]

$ 250,000,000

250,000,000

Debt instrument face amount

Aug. 15, 2026

$ 250,000,000

Stated interest rate

5.75%

Date of first required interest payment

Feb. 15, 2017

Debt instrument, frequency of periodic payment

The Notes due 2026 pay interest semi-annually in arrears on February 15 and August 15 of each year, commencing on February 15, 2017.

Debt instrument issued percentage of face value

100.00%

NCM, LLC. [Member] | Senior Unsecured Notes Due 2026 [Member] | Change of Control [Member]

NCM, LLC. [Member] | Senior Unsecured Notes Due 2026 [Member] | Prior to August 15, 2021 [Member]

101.00%

100.00%

NCM, LLC. [Member] | Senior Unsecured Notes Due 2026 [Member] | On or After August 15, 2021 [Member]

NCM, LLC. [Member] | Senior Unsecured Notes Due 2026 [Member] | Prior to August 15, 2019 [Member]

NCM LLC may redeem all or any portion of the Notes due 2026, at once or over time, on or after August 15, 2021 at specified redemption prices, plus accrued and unpaid interest, if any, to the redemption date.

105.75%

NCM, LLC. [Member] | Maximum [Member] | Senior Unsecured Notes Due 2026 [Member] | Prior to August 15, 2019 [Member]

In addition, at any time prior to August 15, 2019, NCM LLC may on any one or more occasions redeem up to 35% of the original aggregate principal amount of Notes due 2026 from the net proceeds of certain equity offerings at a redemption price equal to 105.750% of the principal amount of the Notes due 2026 redeemed, plus accrued and unpaid interest, if any to the redemption date.

Redemption amount as percentage of aggregate principal amount

35.00%

NCM, LLC. [Member] | Term Loans [Member]

^[1]

$ 270,000,000

270,000,000

Weighted-average interest rate

^[1]

Nov. 26, 2019

4.10%

NCM, LLC. [Member] | Term Loans [Member] | LIBOR [Member]

NCM, LLC. [Member] | Term Loans [Member] | Base Rate [Member]

2.75%

NCM, LLC. [Member] | Senior Secured Credit Facility [Member]

1.75%

Senior secured leverage ratio

320.00%

NCM, LLC. [Member] | Senior Secured Credit Facility [Member] | Maximum [Member]

Senior secured leverage ratio

650.00%

NCM, LLC. [Member] | Revolving Credit Facility [Member]

Borrowing amount of credit facility

$ 175,000,000

$ 135,000,000

Increase in borrowing capacity of revolving credit facility

^[1]

$ 12,000,000

$ 15,000,000

$ 40,000,000

Remaining borrowing capacity of credit facility

^[1]

Nov. 26, 2019

$ 158,200,000

Unused line fee, percent

0.50%

Weighted-average interest rate

4.50%

NCM, LLC. [Member] | Revolving Credit Facility [Member] | LIBOR [Member]

NCM, LLC. [Member] | Revolving Credit Facility [Member] | Base Rate [Member]

2.00%

NCM, LLC. [Member] | Revolving Credit Facility [Member] | Letters of Credit [Member]

1.00%

Remaining borrowing capacity of credit facility

$ 4,800,000

[1]	The interest rates on the revolving credit facility and term loan are described below.

Borrowings (Schedule of Annual Maturities on Credit Facility and Senior Notes) (Details) - NCM, LLC. [Member] $ in Millions	Dec. 28, 2017 USD ($)
Debt Instrument [Line Items]
2019	$ 282.0
2022	400.0
Thereafter	250.0
Total	$ 932.0

Share-Based Compensation (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	Dec. 26, 2013	Dec. 27, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock available for issuance	4,400,000
Common stock available for grants	3,477,078
Achievement of percentage in performance based restricted stock	100.00%
Recognized share-based compensation expense	$ 11,200,000	$ 18,300,000	$ 14,800,000
Capitalized share-based compensation expense	300,000	500,000	300,000
Income tax benefit from share-based compensation	$ 3,000,000	2,500,000	2,500,000
Number of additional restricted stock issued under satisfying maximum performance criteria	609,300
Number of restricted stock and restricted stock units expected to vest, after consideration of expected forfeitures of shares	1,877,718
Share-based compensation expense related to modification of certain former executive equity awards		2,300,000
Unvested Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to non-vested options	$ 0
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to non-vested options	$ 11,200,000
Weighted average remaining period over which unrecognized compensation costs will be recognized	1 year 8 months 12 days
Fair value of awards vested	$ 17,300,000	14,700,000	$ 11,600,000
Accrued dividend	$ 3,000,000	$ 3,900,000
Vesting period	3 years
Vesting percentage for year	33.33%
Vesting description	The Company has issued time-based restricted stock to its employees which vests over a three-year period with one-third vesting on each anniversary of the date of grant and performance-based restricted stock which vests following a three-year measurement period to the extent that the Company achieves specified non-GAAP targets at the end of the measurement period.
Measurement period	3 years
Weighted average grant date fair value of granted options	$ 14.34	$ 15.03	$ 14.76
Restricted Stock [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated annual forfeiture rate, percentage	2.00%
Restricted Stock [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated annual forfeiture rate, percentage	4.00%
Stock Options [Member] \| 2007 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted	0	0	0	0	0
Intrinsic value of options exercised	$ 100,000	$ 100,000	$ 400,000
Fair value of awards vested	$ 0	0	700,000
Stock Options [Member] \| 2007 Plan [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options contractual term	10 years
Estimated annual forfeiture rate, percentage	2.00%
Stock Options [Member] \| 2007 Plan [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options contractual term	15 years
Estimated annual forfeiture rate, percentage	3.00%
Restricted Stock and Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend payments during period upon vesting of stock units	$ 2,100,000	$ 1,900,000	$ 400,000
Vesting period	3 years
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year

Share-Based Compensation (Schedule of Share-Based Compensation Costs) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]

Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]

$ 11.2

$ 18.3

$ 14.8

Network Costs [Member]

Selling and Marketing Costs [Member]

1.0

1.1

0.9

Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]

Administrative and Other Costs [Member]

4.1

6.0

5.5

Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

^[1]

$ 6.1

$ 11.2

$ 8.4

[1]	Includes $2.3 million of expense associated with the modification of certain former executive equity awards during the year ended December 29, 2016, as described further below.

Share-Based Compensation (Schedule of Share-Based Compensation Costs) (Parenthetical) (Details) $ in Millions	12 Months Ended
	Dec. 29, 2016 USD ($)
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-based compensation expense related to modification of certain former executive equity awards	$ 2.3

Share-Based Compensation (Summary of Option Award Activity) (Details) - 2007 Plan [Member]	12 Months Ended
	Dec. 28, 2017 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding, beginning balance \| shares	2,574,544
Options, Exercised \| shares	(58,450)
Options, Forfeited \| shares	(130,219)
Options, Expired \| shares	(220,694)
Options, Outstanding, ending balance \| shares	2,165,181
Options, Exercisable \| shares	2,165,181
Options, Vested and Expected to Vest \| shares	2,165,181
Weighted Average Exercise Price, Outstanding, beginning balance \| $ / shares	$ 16.59
Weighted average exercise price, Exercised \| $ / shares	11.04
Weighted average exercise price, Forfeited \| $ / shares	17.03
Weighted average exercise price, Expired \| $ / shares	19.06
Weighted average exercise price, Outstanding, ending balance \| $ / shares	16.47
Weighted average exercise price, Exercisable \| $ / shares	16.47
Weighted average exercise price, Vested and Expected to Vest \| $ / shares	$ 16.47
Weighted average remaining contractual life, Outstanding	3 years
Weighted average remaining contractual life, Exercisable	3 years
Weighted average remaining contractual life, Vested and Expected to Vest	3 years

Share-Based Compensation (Summary of Restricted Stock Awards and Restricted Stock Units) (Details)

12 Months Ended

Dec. 28, 2017

$ / shares

Number of restricted shares and restricted stock units, Non-vested, beginning balance | shares

2,590,262

Number of restricted shares and restricted stock units, Granted | shares

956,070

Number of restricted shares and restricted stock units, Vested | shares

(1,046,179)

^[1]

Number of restricted shares and restricted stock units, Forfeited | shares

(191,191)

Number of restricted shares and restricted stock units, Non-vested, ending balance | shares

2,308,962

Weighted average grant-date fair value, Non-vested, beginning balance | $ / shares

$ 15.66

Weighted average grant-date fair value, Granted | $ / shares

14.34

Weighted average grant-date fair value, Vested | $ / shares

16.66

^[1]

Weighted average grant-date fair value, Forfeited | $ / shares

15.44

Weighted average grant-date fair value, Non-vested, ending balance | $ / shares

$ 14.70

[1]	Includes 336,819 vested shares that were withheld to cover tax obligations and were subsequently canceled.

Share-Based Compensation (Summary of Restricted Stock Awards and Restricted Stock Units) (Parenthetical) (Details)	12 Months Ended
	Dec. 28, 2017 shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Vested shares withheld to cover tax obligations	336,819

Employee Benefit Plans (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Compensation And Retirement Disclosure [Abstract]
Percent of compensation participants may contribute	20.00%
Discretionary contributions	$ 1.2	$ 1.3	$ 1.3

Commitments and Contingencies (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Other Commitments [Line Items]
Total lease expense	$ 2,200,000	$ 2,300,000	$ 2,300,000
Expense for early lease termination fee	1,800,000
Maximum potential payment	82,600,000
Guarantee obligations amount paid	100,000	0
Liabilities recorded for related party obligations	0	0
NCM, LLC. [Member] \| Founding Members [Member]
Other Commitments [Line Items]
Liabilities recorded for related party obligations	$ 0	$ 0
Percentage of increase in payment per theatre patron	8.00%
Term of increase in payment percentage per theater patron	5 years
Percentage of increase in payment per digital screen and digital cinema equipment	5.00%
Minimum [Member]
Other Commitments [Line Items]
Range of terms, in years	1 year
Minimum [Member] \| NCM, LLC. [Member] \| Founding Members [Member]
Other Commitments [Line Items]
Aggregate percentage of theater access fee paid	12.00%
Maximum [Member]
Other Commitments [Line Items]
Range of terms, in years	20 years

Commitments and Contingencies (Schedule of Minimum Lease Payments Under Noncancelable Operating Leases) (Details) $ in Millions	Dec. 28, 2017 USD ($)
Commitments And Contingencies Disclosure [Abstract]
2018	$ 3.3
2019	3.5
2020	3.3
2021	3.4
2022	3.4
Thereafter	25.5
Total	$ 42.4

Fair Value Measurements (Schedule of Other Investments) (Details) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]

Other investments

^[1]

$ 2.5

$ 5.6

Total other investments

3.5

6.6

AC JV, LLC [Member]

Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]

Investment in AC JV, LLC

^[2]

$ 1.0

[1]	The Company received equity securities in privately held companies as consideration for a portion of advertising contracts. The equity securities were accounted for under the cost method and represent an ownership of less than 20%. The Company does not exert significant influence on these companies’ operating or financial activities
[2]	Refer to Note 8—Related Party Transactions.

Fair Value Measurements (Schedule of Other Investments) (Parenthetical) (Details)	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016
Maximum [Member]
Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]
Cost-method ownership percentage	20.00%	20.00%

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of investment	$ 3.1	$ 0.7	$ 0.0
Fair value of cost method investment	0.1
Promissory notes receivable from founding members	8.3
Founding Members [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Promissory notes receivable from founding members	$ 8.3

Fair Value Measurements (Estimated Fair Values of Company's Financial Instruments) (Details) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

Term Loans [Member] | Carrying Value [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Term Loans [Member] | Fair Value [Member]

$ 270.0

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Senior Notes due 2022 [Member] | Carrying Value [Member]

^[1]

270.8

272.7

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Senior Notes due 2022 [Member] | Fair Value [Member]

400.0

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Senior Unsecured Notes Due 2026 [Member] | Carrying Value [Member]

^[1]

407.3

414.5

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Senior Unsecured Notes Due 2026 [Member] | Fair Value [Member]

250.0

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

^[1]

$ 235.0

$ 256.7

[1]	The Company has estimated the fair value on an average of at least two non-binding broker quotes and the Company’s analysis. If the Company were to measure the borrowings in the above table at fair value on the balance sheet they would be classified as Level 2.

Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Details) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

$ 13.1

$ 26.1

Fair Value, Measurements, Recurring [Member]

16.2

19.6

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Cash equivalents

^[1]

12.2

5.3

^[2]

13.1

26.1

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]

^[2]

16.2

19.6

Total assets

41.5

51.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Cash equivalents

^[1]

8.2

0.3

^[2]

5.2

Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]

^[2]

17.3

Total assets

8.2

22.8

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Cash equivalents

^[1]

4.0

5.0

^[2]

13.1

20.9

Schedule of Available-for-sale Securities [Line Items]

^[2]

16.2

2.3

Total assets

$ 33.3

$ 28.2

[1]

[2]

- Definition

Investments in debt and equity securities which are categorized neither as held-to-maturity nor trading and which are intended to be sold or mature more than one year from the balance sheet date or operating cycle, if longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income.

+ References + Details

Fair Value Measurements (Fair Values of the Company's Assets and Liabilities) (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016
Fair Value Disclosures [Abstract]
Gross unrealized losses related to individual securities	$ 0.2	$ 0.0
Gross unrealized losses related to individual securities had been in continuous loss position for 12 months or longer	$ 8.2	$ 0.0

Fair Value Measurements (Schedule of Marketable Securities) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2017

Dec. 29, 2016

Aggregate Fair Value - Short term marketable securities

$ 29.6

$ 45.8

13.1

26.1

Aggregate Fair Value - Long term marketable securities

16.2

19.6

Aggregate Fair Value - Total marketable securities

29.3

45.7

Short-term Marketable Securities [Member]

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Short term marketable securities

13.2

26.1

13.1

26.1

Short-term Marketable Securities [Member] | U.S. Government Treasury Bonds [Member]

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Short term marketable securities

1.2

$ 1.2

Short-term Marketable Securities [Member] | Municipal Bonds [Member]

^[1]

9 months 18 days

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Short term marketable securities

$ 2.9

$ 2.9

Short-term Marketable Securities [Member] | U.S. Government Agency Bonds [Member]

^[1]

7 months 6 days

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Short term marketable securities

2.3

$ 1.0

$ 2.2

$ 1.0

Short-term Marketable Securities [Member] | Commercial Paper [Member]

^[1]

10 months 24 days

6 months

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Short term marketable securities

$ 13.0

$ 13.0

Short-term Marketable Securities [Member] | Certificates Of Deposit [Member]

^[1]

1 month 6 days

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Short term marketable securities

$ 0.9

$ 0.9

Short-term Marketable Securities [Member] | Financial Certificates Of Deposit [Member]

^[1]

9 months 18 days

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Short term marketable securities

$ 6.0

$ 7.7

$ 6.0

$ 7.7

Short-term Marketable Securities [Member] | Industrial Certificates Of Deposit [Member]

^[1]

3 months 18 days

7 months 6 days

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Short term marketable securities

$ 4.0

$ 0.3

$ 4.0

$ 0.3

Long-term Marketable Securities [Member]

^[1]

3 months 18 days

10 months 24 days

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Long term marketable securities

$ 16.4

$ 19.7

16.2

19.6

Long-term Marketable Securities [Member] | Municipal Bonds [Member]

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Long term marketable securities

1.9

$ 1.9

$ 1.8

Long-term Marketable Securities [Member] | U.S. Government Agency Bonds [Member]

^[1]

2 years 1 month 6 days

2 years 8 months 12 days

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Long term marketable securities

$ 10.4

$ 15.6

$ 10.2

$ 15.5

Long-term Marketable Securities [Member] | Certificates Of Deposit [Member]

^[1]

2 years 6 months

3 years 6 months

Schedule of Available-for-sale Securities [Line Items]

Aggregate Fair Value - Long term marketable securities

$ 4.1

$ 2.2

$ 4.1

$ 2.3

Quarterly Financial Information Disclosure [Abstract]

^[1]

1 year 9 months 18 days

2 years 7 months 6 days

[1]	Maturities— Securities available for sale include obligations with various contractual maturity dates some of which are greater than one year. The Company considers the securities to be liquid and convertible to cash within 30 days.

Derivative Instruments And Hedging Activities (Narrative) (Details) - USD ($)	Dec. 28, 2017	Dec. 29, 2016
Derivative [Line Items]
Derivative asset	$ 0	$ 0
Derivative liability	0	0
Amount outstanding related to cash flow hedges	0
Term Loans [Member]
Derivative [Line Items]
Debt Instrument, carrying value	$ 270,000,000	$ 270,000,000

Derivative Instruments And Hedging Activities (Schedule of Changes in AOCI by Component) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015 USD ($)
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Balance at beginning of period	$ (0.4)
Amortization on discontinued cash flow hedges	1.6
Total amounts reclassified from AOCI	1.6
Noncontrolling interest on reclassifications	(0.9)
Tax effect on reclassifications	(0.3)
Net other comprehensive income	$ 0.4

Valuation and Qualifying Accounts (Schedule of Valuation and Qualifying Accounts) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015
Allowance For Doubtful Accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period	$ 6.3	$ 5.6	$ 4.3
Provision for bad debt	1.1	2.1	1.9
Write-offs, net	(1.4)	(1.4)	(0.6)
Balance at end of period	6.0	6.3	5.6
Valuation Allowance On Deferred Tax Assets [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period	110.3	110.4	127.5
Valuation allowance reversed	(12.2)	(0.1)	(17.1)
Balance at end of period	$ 98.1	$ 110.3	$ 110.4

Quarterly Financial Data (Schedule of Quarterly Financial Data) (Details) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2017

Sep. 28, 2017

Jun. 29, 2017

Mar. 30, 2017

Dec. 29, 2016

Sep. 29, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Revenue

$ 140.7

$ 116.4

$ 97.1

$ 71.9

$ 142.5

$ 113.5

$ 115.4

$ 76.2

Operating expenses

70.5

66.1

68.8

66.8

70.2

65.1

68.9

70.4

$ 272.2

$ 274.6

$ 298.5

OPERATING INCOME

70.2

50.3

28.3

5.1

72.3

48.4

46.5

5.8

153.9

173.0

148.0

Consolidated net (loss) income

^[1]

27.9

31.1

10.0

(10.3)

47.0

20.3

24.5

(9.8)

(Loss) Net income attributable to NCM, Inc.

$ (0.9)

^[1]

$ 8.6

^[1]

$ 0.7

^[1]

$ (5.9)

^[1]

$ 13.4

^[1]

$ 6.9

^[1]

$ 5.6

^[1]

$ (5.5)

^[1]

$ 2.5

$ 20.4

$ 11.3

(Loss) Earnings per NCM, Inc. share, basic

$ (0.01)

^[1],[2]

$ 0.13

^[1],[2]

$ 0.01

^[1],[2]

$ (0.10)

^[1],[2]

$ 0.22

^[1],[2]

$ 0.12

^[1],[2]

$ 0.09

^[1],[2]

$ (0.09)

^[1],[2]

$ 0.04

$ 0.34

$ 0.19

(Loss) Earnings per NCM, Inc. share, diluted

$ (0.01)

^[1],[2]

$ 0.13

^[1],[2]

$ 0.01

^[1],[2]

$ (0.10)

^[1],[2]

$ 0.22

^[1],[2]

$ 0.11

^[1],[2]

$ 0.09

^[1],[2]

$ (0.09)

^[1],[2]

$ 0.02

$ 0.34

$ 0.19

[1]	These balances have been adjusted to correct for the immaterial error discussed within Note 18—Correction of an Error. In addition, such corrections in 2017 will be reflected within future interim financial filings on Form 10-Qs.
[2]	Earnings per share in each quarter is computed using the weighted-average number of common shares outstanding during that quarter while earnings per share for the full year is computed using the weighted average number of common shares outstanding during the year.

Subsequent Event (Narrative) (Details) - Subsequent Event [Member] $ / shares in Units, $ in Millions	Mar. 09, 2018 USD ($) $ / shares
Subsequent Events [Line Items]
Dividends payable, date declared	Mar. 09, 2018
Cash dividends declared, per share \| $ / shares	$ 0.17
Cash dividends declared \| $	$ 12.9
Dividends payable, date of record	Mar. 22, 2018
Dividends payable, date to be paid	Mar. 29, 2018

Correction of an Error (Effect of Correction of Error to Beginning Retained Earnings Balance and Additional Paid in Capital (Deficit) Balance) (Details) - USD ($) $ in Millions	Dec. 28, 2017	Dec. 29, 2016	Dec. 31, 2015	Jan. 01, 2015
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Beginning retained earnings (distributions in excess of earnings), as of January 1, 2015	$ (303.5)	$ (248.3)		$ (171.0)
Beginning additional paid in capital (deficit), as of January 1, 2015	$ 13.8	(110.5)		(164.1)
As Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Beginning retained earnings (distributions in excess of earnings), as of January 1, 2015		(215.6)		(147.4)
Beginning additional paid in capital (deficit), as of January 1, 2015		(207.7)		(261.0)
Prior Period Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Beginning retained earnings (distributions in excess of earnings), as of January 1, 2015		(32.7)	$ (27.7)	(23.6)
Beginning additional paid in capital (deficit), as of January 1, 2015		$ 97.2	$ 96.8	$ 96.9

Correction of an Error (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2016	Dec. 31, 2015	Dec. 28, 2017	Jan. 01, 2015
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase in additional paid in capital deficit	$ 0.4	$ 0.1
Additional paid in capital (deficit)	(110.5)		$ 13.8	$ (164.1)
Retained earnings (distributions in excess of earnings)	(248.3)		$ (303.5)	(171.0)
Prior Period Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Additional paid in capital (deficit)	97.2	96.8		96.9
Retained earnings (distributions in excess of earnings)	$ (32.7)	$ (27.7)		$ (23.6)

Correction of an Error (Effects of Correction of Error to Consolidated Balance Sheet) (Details) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Jan. 01, 2015

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Long-term deferred tax assets, net of valuation allowance of $110.3 million

$ 161.0

$ 294.2

Long-term payable to founding members under tax receivable agreement

1,148.1

1,142.5

114.0

212.3

1,149.3

1,259.2

Retained earnings (distributions in excess of earnings)

13.8

(110.5)

$ (164.1)

(303.5)

(248.3)

(171.0)

(1.2)

(116.7)

$ (102.6)

(135.4)

Error Corrections and Prior Period Adjustments Restatement [Line Items]

$ 1,148.1

1,142.5

As Reported [Member]

Long-term deferred tax assets, net of valuation allowance of $110.3 million

209.1

Long-term payable to founding members under tax receivable agreement

1,057.4

143.4

Long-term deferred liability

48.3

1,238.6

Retained earnings (distributions in excess of earnings)

(207.7)

(261.0)

(215.6)

(147.4)

(181.2)

Correction of an Error [Member]

1,057.4

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Long-term deferred tax assets, net of valuation allowance of $110.3 million

90.6

Long-term payable to founding members under tax receivable agreement

90.6

68.9

Long-term deferred liability

(42.8)

26.1

Retained earnings (distributions in excess of earnings)

97.2

96.8

96.9

(32.7)

$ (27.7)

$ (23.6)

64.5

Reclassification [Member]

90.6

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Long-term deferred tax assets, net of valuation allowance of $110.3 million

^[1]

(5.5)

Long-term deferred liability

^[1]

(5.5)

^[1]

(5.5)

^[1]

(5.5)

Accounting Changes And Error Corrections [Abstract]

^[1]

$ (5.5)

[1]	The company reclassified deferred tax balances related to NCM, LLC to reflect the full outside basis differences.

Correction of an Error (Effects of Correction of Error to Consolidated Balance Sheet) (Parenthetical) (Details) - USD ($)
$ in Millions

Dec. 28, 2017

Dec. 29, 2016

Long-term deferred tax assets, net of valuation allowance

^[1]

$ 98.1

$ 110.3

[1]

Correction of an Error (Effects of Correction of Error to Consolidated Statements of Income and Consolidated Statements of Comprehensive Income) (Details) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2017

^[1]

Sep. 28, 2017

^[1]

Jun. 29, 2017

^[1]

Mar. 30, 2017

^[1]

Dec. 29, 2016

^[1]

Sep. 29, 2016

^[1]

Jun. 30, 2016

^[1]

Mar. 31, 2016

^[1]

Dec. 28, 2017

Dec. 29, 2016

Dec. 31, 2015

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Accretion of interest on the discounted payable to founding members under tax receivable agreement

$ 18.5

$ 19.6

$ 19.4

(Gain) loss on re-measurement of the payable to founding members under the tax receivable agreement

(103.6)

1.0

(2.9)

Total non-operating expenses

(33.8)

83.5

68.9

187.7

89.5

79.1

129.0

7.5

19.5

Consolidated net income

58.7

82.0

59.6

$ (0.9)

$ 8.6

$ 0.7

$ (5.9)

$ 13.4

$ 6.9

$ 5.6

$ (5.5)

$ 2.5

$ 20.4

$ 11.3

$ (0.01)

^[2]

$ 0.13

^[2]

$ 0.01

^[2]

$ (0.10)

^[2]

$ 0.22

^[2]

$ 0.12

^[2]

$ 0.09

^[2]

$ (0.09)

^[2]

$ 0.04

$ 0.34

$ 0.19

$ (0.01)

^[2]

$ 0.13

^[2]

$ 0.01

^[2]

$ (0.10)

^[2]

$ 0.22

^[2]

$ 0.11

^[2]

$ 0.09

^[2]

$ (0.09)

^[2]

$ 0.02

$ 0.34

$ 0.19

COMPREHENSIVE INCOME ATTRIBUTABLE TO NCM, INC.

$ 58.7

$ 82.0

$ 60.9

$ 2.5

20.4

11.7

As Reported [Member]

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Accretion of interest on the discounted payable to founding members under tax receivable agreement

13.9

14.1

Total non-operating expenses

76.8

66.5

96.2

81.5

9.2

17.8

Consolidated net income

87.0

63.7

$ 25.4

$ 15.4

$ 0.42

$ 0.26

$ 0.42

$ 0.26

COMPREHENSIVE INCOME ATTRIBUTABLE TO NCM, INC.

$ 87.0

$ 65.0

25.4

15.8

Correction of an Error [Member]

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Accretion of interest on the discounted payable to founding members under tax receivable agreement

5.7

5.3

(Gain) loss on re-measurement of the payable to founding members under the tax receivable agreement

1.0

(2.9)

Total non-operating expenses

6.7

2.4

(6.7)

(2.4)

(1.7)

1.7

Consolidated net income

(5.0)

(4.1)

$ (5.0)

$ (4.1)

$ (0.08)

$ (0.07)

$ (0.08)

$ (0.07)