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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 03, 2021
Oct. 03, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 31,953 $ 29,922
Prepaid income taxes 149 74
Other receivables 384 681
Inventories 4,409 3,624
Prepaid expenses 2,873 2,207
Total Current Assets 39,768 36,508
Property and Equipment, Net 50,479 46,003
Construction in Progress 3,633 981
Total Property, Equipment and Construction in Progress 54,112 46,984
Right-of-use assets, finance leases 4,749
Right-of-use assets, operating leases 26,531 22,150
Total Right-of-use asset 26,531 26,899
Investment in Limited Partnership 1,103 621
OTHER ASSETS:    
Liquor licenses 822 630
Deferred tax asset 352
Leasehold purchases, net 135 200
Other 772 290
Total Other Assets 1,729 1,472
Total Assets 123,243 112,484
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 11,414 9,238
Due to franchisees 4,714 3,142
Current portion of long-term debt 2,751 5,094
Finance lease liability, current 4,772
Operating lease liability, current 1,917 3,116
Total Current Liabilities 20,796 25,362
Long-term Debt, Net of Current Portion 17,460 21,229
Operating lease liabilities, non-current 25,138 20,337
Deferred tax liabilities 356
Total Liabilities 63,750 66,928
Flanigan's Enterprises, Inc. Stockholders' Equity    
Common stock, $.10 par value, 5,000,000 shares authorized; 4,197,642 shares issued; 1,858,647 outstanding 420 420
Capital in excess of par value 6,240 6,240
Retained earnings 49,278 38,848
Treasury stock, at cost, 2,338,995 shares at July 3, 2021 and 2,338,995 shares at October 3, 2020 (6,077) (6,077)
Total Flanigan's Enterprises, Inc. stockholders' equity 49,861 39,431
Noncontrolling interest 9,632 6,125
Total equity 59,493 45,556
Total liabilities and equity $ 123,243 $ 112,484