BUSINESS SEGMENTS

3 Months Ended

Jan. 02, 2021

Segment Reporting [Abstract]

BUSINESS SEGMENTS

(9) 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 the thirteen weeks ended January 2, 2021 and December 28, 2019, 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 expenses 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.

	(in thousands)
	Thirteen Weeks Ending January 2, 2021			Thirteen Weeks Ending December 28, 2019
Operating Revenues:
Restaurants	$	22,771		$	24,633
Package stores		8,011			5,707
Other revenues		598			601
Total operating revenues	$	31,380		$	30,941
Income from Operations Reconciled to Income After Income Taxes and Net Income Attributable to Noncontrolling Interests
Restaurants	$	1,180		$	1,735
Package stores		715			383
		1,895			2,118
Corporate expenses, net of other revenues		(625	)		(887	)
Income from Operations		1,270			1,231
Interest expense		(279	)		(204	)
Interest and Other income		12			12
Gain on sale of property and equipment		25			—
Income Before Benefit (Provision) for Income Taxes	$	1,028		$	1,039
Benefit (Provision) for Income Taxes		4			(118	)
Net Income		1,032			921
Net Income Attributable to Noncontrolling Interests		(252	)		(427	)
Net Income Attributable to Flanigan’s Enterprises, Inc.  Stockholders	$	780		$	494
Depreciation and Amortization:
Restaurants	$	593		$	635
Package stores		89			84
		682			719
Corporate		92			98
Total Depreciation and Amortization	$	774		$	817
Capital Expenditures:
Restaurants	$	764		$	701
Package stores		113			103
		877			804
Corporate		228			129
Total Capital Expenditures	$	1,105		$	933

	January 2,		October 3,
	2021		2020
Identifiable Assets:
Restaurants	$	54,034	$	55,030
Package store		13,349	$	13,771
		67,383		68,801
Corporate		46,624		43,683
Consolidated Totals	$	114,007	$	112,484