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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 27, 2020
Sep. 28, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 30,482 $ 13,672
Prepaid income taxes 14 55
Other receivables 887 870
Inventories 3,750 3,292
Prepaid expenses 2,155 1,704
Total Current Assets 37,288 19,593
Property and Equipment, Net 46,439 46,187
Construction in progress 770 1,292
Total Property, Equipment and Construction in Progress 47,209 47,479
Right-of-use assets, operating leases 25,543
Investment in Limited Partnership 219 231
OTHER ASSETS:    
Liquor licenses 630 630
Deferred tax asset 313 249
Leasehold purchases, net 222 296
Other 247 277
Total Other Assets 1,412 1,452
Total Assets 111,671 68,755
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 8,644 8,532
Due to franchisees 4,216 2,553
Current portion of long term debt 5,150 1,983
Current portion of operating lease liabilities 3,154
Current portion of deferred rent 61
Total Current Liabilities 21,164 13,129
Long Term Debt, Net of Current Maturities 22,007 11,097
Operating lease liabilities, non current 23,408
Total Liabilities 66,579 24,226
Flanigan's Enterprises, Inc. Stockholders' Equity    
Common stock, $.10 par value, 5,000,000 shares authorized; 4,197,642 shares issued 420 420
Capital in excess of par value 6,240 6,240
Retained earnings 38,425 37,738
Treasury stock, at cost, 2,338,995 shares at June 27, 2020 and 2,338,995 shares at September 28, 2019 (6,077) (6,077)
Total Flanigan's Enterprises, Inc. stockholders' equity 39,008 38,321
Noncontrolling interest 6,084 6,208
Total equity 45,092 44,529
Total liabilities and equity $ 111,671 $ 68,755