BUSINESS SEGMENTS

3 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

BUSINESS SEGMENTS

(9) BUSINESS SEGMENTS:

We operate in two reportable segments – package stores and restaurants. The operation of package stores consists of retail liquor sales and related items. The operation of restaurants consists of restaurant food and bar sales. Information concerning the revenues and operating income for the thirteen weeks ended December 31, 2022 and January 1, 2022, 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 December 31, 2022			Thirteen Weeks Ending January 1, 2022
Operating Revenues:
Restaurants	$	31,755		$	28,212
Package stores		9,403			8,511
Other revenues		703			680
Total operating revenues	$	41,861		$	37,403
Income from Operations Reconciled to Income After Income Taxes and Net Income Attributable to Noncontrolling Interests
Restaurants	$	779		$	377
Package stores		799			682
		1,578			1,059
Corporate expenses, net of other revenues		(381	)		(294	)
Income from Operations		1,197			765
Interest expense		(275	)		(193	)
Interest and Other income		15			14
Gain on forgiveness of debt		—			3,488
Gain on sale of property and equipment		—			11
Income Before Provision for Income Taxes	$	937		$	4,085
Provision for Income Taxes		(63	)		(147	)
Net Income		874			3,938
Net Income Attributable to Noncontrolling Interests		(250	)		(2,374	)
Net Income Attributable to Flanigan’s Enterprises, Inc.  Stockholders	$	624		$	1,564
Depreciation and Amortization:
Restaurants	$	626		$	521
Package stores		90			79
		716			600
Corporate		105			99
Total Depreciation and Amortization	$	821		$	699
Capital Expenditures:
Restaurants	$	947		$	1,253
Package stores		350			521
		1,297			1,774
Corporate		202			237
Total Capital Expenditures	$	1,499		$	2,011

	December 31,		October 1,
	2022		2022
Identifiable Assets:
Restaurants	$	73,017	$	73,596
Package store		20,100	$	20,035
		93,117		93,631
Corporate		56,055		53,861
Consolidated Totals	$	149,172	$	147,492