BUSINESS SEGMENTS

12 Months Ended

Sep. 28, 2019

Segment Reporting [Abstract]

BUSINESS SEGMENTS

NOTE 16. BUSINESS SEGMENTS

We operate principally in two reportable segments – package stores and restaurants. The operation of package stores consists of retail liquor sales and related items. Information concerning the revenues and operating income for our fiscal years ended 2019 and 2018, and identifiable assets for the two reportable segments in which we operate, are shown in the following table. Operating income is total revenue less cost of merchandise sold and operating expenses relative to each segment. In computing operating income, none of the following items have been included: interest expense, other non-operating income and expense and income taxes. Identifiable assets by segment are those assets that are used in our operations in each segment. Corporate assets are principally cash and real property, improvements, furniture, equipment and vehicles used at our corporate headquarters. We do not have any operations outside of the United States and transactions between restaurants and package liquor stores are not material.

	2019			2018
Operating Revenues:
Restaurants	$	94,290,000		$	92,305,000
Package stores		19,327,000			18,559,000
Other revenues		2,585,000			2,633,000
Total operating revenues	$	116,202,000		$	113,497,000
Income from Operations Reconciled to Income after Income Taxes and Net Income Attributable to Noncontrolling Interests:
Restaurants	$	8,965,000		$	9,977,000
Package stores		879,000			972,000
		9,844,000			10,949,000
Corporate expenses, net of other revenues		(3,528,000	)		(3,505,000	)
Income from Operations		6,316,000			7,444,000
Interest expense		(708,000	)		(753,000	)
Interest and Other Income		54,000			70,000
Insurance recovery, net of casualty loss		602,000			—
Income before provision for income taxes	$	6,264,000		$	6,761,000
Provision for Income Taxes		(887,000	)		(1,371,000	)
Net Income		5,377,000			5,390,000
Net Income Attributable to Noncontrolling Interests		(1,729,000	)		(1,713,000	)
Net Income Attributable to Flanigan’s Enterprises, Inc, Stockholders	$	3,648,000		$	3,677,000
Identifiable Assets:
Restaurants	$	31,077,000		$	30,963,000
Package store		10,540,000			10,127,000
		41,617,000			41,090,000
Corporate		27,138,000			26,175,000
Consolidated Totals	$	68,755,000		$	67,265,000

Capital Expenditures
Restaurants	$	3,464,000	$	3,980,000
Package stores		898,000		352,000
		4,362,000		4,332,000
Corporate		1,961,000		1,179,000
Total Capital Expenditures	$	6,323,000	$	5,511,000
Depreciation and Amortization:
Restaurants	$	2,373,000	$	2,181,000
Package stores		274,000		274,000
		2,647,000		2,455,000
Corporate		393,000		348,000
Total Depreciation and Amortization	$	3,040,000	$	2,803,000