BUSINESS SEGMENTS (Tables)

3 Months Ended

Jan. 01, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting

We operate 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 1, 2022 and January 2, 2021, 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.

13

	(in thousands)
	Thirteen Weeks Ending January 1, 2022			Thirteen Weeks Ending January 2, 2021
Operating Revenues:
Restaurants	$	28,212		$	22,771
Package stores		8,511			8,011
Other revenues		680			598
Total operating revenues	$	37,403		$	31,380
Income from Operations Reconciled to Income After Income Taxes and Net Income Attributable to Noncontrolling Interests
Restaurants	$	377		$	1,180
Package stores		682			715
		1,059			1,895
Corporate expenses, net of other revenues		(294	)		(625	)
Income from operations		765			1,270
Interest expense		(193	)		(279	)
Interest and Other income		14			12
Gain on forgiveness of PPP loans		3,488			—
Gain on sale of property and equipment		11			25
Income Before Benefit (Provision) for Income Taxes	$	4,085		$	1,028
Benefit (Provision) for Income Taxes		(147	)		4
Net Income		3,938			1,032
Net Income Attributable to Noncontrolling Interests		(2,374	)		(252	)
Net Income Attributable to Flanigan’s Enterprises, Inc.
Stockholders	$	1,564		$	780
Depreciation and Amortization:
Restaurants	$	521		$	593
Package stores		79			89
		600			682
Corporate		99			92
Total Depreciation and Amortization	$	699		$	774
Capital Expenditures:
Restaurants	$	1,253		$	764
Package stores		521			113
		1,774			877
Corporate		237			228
Total Capital Expenditures	$	2,011		$	1,105

14

	January 1,		October 2,
	2022		2021
Identifiable Assets:
Restaurants	$	68,867	$	67,978
Package store		16,888		15,653
		85,755		83,631
Corporate		45,933		44,371
Consolidated Totals	$	131,688	$	128,002