XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.4
CONSOLIDATED BALANCE SHEETS - USD ($)
Oct. 02, 2021
Oct. 03, 2020
Current Assets:    
Cash and cash equivalents $ 32,676,000 $ 29,922,000
Prepaid income taxes 139,000 74,000
Other receivables 450,000 681,000
Inventories 4,283,000 3,624,000
Prepaid expenses 2,242,000 2,207,000
Total current assets 39,790,000 36,508,000
Property and Equipment, Net 51,441,000 46,003,000
Construction in progress 5,445,000 981,000
Property and Equipment, Net 56,886,000 46,984,000
Right-of-use asset, finance leases 4,749,000
Right-of-use asset, operating leases 28,559,000 22,150,000
Total Right-of-use asset 28,559,000 26,899,000
Investment in Limited Partnerships 1,122,000 621,000
Other Assets:    
Liquor licenses 822,000 630,000
Deferred tax assets 352,000
Leasehold interests, net 118,000 200,000
Other 705,000 290,000
Total other assets 1,645,000 1,472,000
Total assets 128,002,000 112,484,000
Current Liabilities:    
Accounts payable and accrued expenses 9,770,000 9,238,000
Due to franchisees 4,478,000 3,142,000
Current portion of long-term debt 2,555,000 5,094,000
Finance lease liability, current 4,772,000
Operating lease liability, current 2,009,000 3,116,000
Deferred revenue 1,411,000
Total current liabilities 20,223,000 25,362,000
Long-Term Debt, Net of Current Portion 19,560,000 21,229,000
Operating lease liability, non current 27,183,000 20,337,000
Deferred tax liabilities 406,000
Total liabilities 67,372,000 66,928,000
Commitments and Contingencies
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 for years ended 2021 and 2020 420,000 420,000
Capital in excess of par value 6,240,000 6,240,000
Retained earnings 50,632,000 38,848,000
Treasury stock, at cost, 2,338,995 shares for the years ended 2021 and 2020 (6,077,000) (6,077,000)
Total Flanigan's Enterprises, Inc. stockholders' equity 51,215,000 39,431,000
Noncontrolling interests 9,415,000 6,125,000
Total equity 60,630,000 45,556,000
Total liabilities and equity $ 128,002,000 $ 112,484,000