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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 01, 2022
Oct. 02, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 33,602 $ 32,676
Prepaid income taxes 139 139
Other receivables 699 450
Inventories 4,636 4,283
Prepaid expenses 3,579 2,242
Total Current Assets 42,655 39,790
Property and Equipment, Net 51,915 51,441
Construction in Progress 6,284 5,445
Total Property, Equipment and Construction in Progress 58,199 56,886
Right-of-use assets, operating leases 27,973 28,559
Total Right-of-use asset 27,973 28,559
Investment in Limited Partnership 1,166 1,122
OTHER ASSETS:    
Liquor licenses 822 822
Leasehold interests, net 102 118
Other 771 705
Total Other Assets 1,695 1,645
Total Assets 131,688 128,002
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 12,271 9,770
Due to franchisees 4,280 4,478
Current portion of long-term debt 3,878 2,555
Operating lease liability, current 2,132 2,009
Deferred revenue 2,375 1,411
Total Current Liabilities 24,936 20,223
Long Term Debt, Net of Current Portion 15,773 19,560
Operating lease liabilities, non-current 26,616 27,183
Deferred tax liabilities 552 406
Total Liabilities 67,877 67,372
Commitments and Contingencies
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 52,196 50,632
Treasury stock, at cost, 2,338,995 shares at January 1, 2022 and at October 2, 2021 (6,077) (6,077)
Total Flanigan's Enterprises, Inc. stockholders' equity 52,779 51,215
Noncontrolling interests 11,032 9,415
Total equity 63,811 60,630
Total liabilities and equity $ 131,688 $ 128,002