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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
REVENUES:        
Other operating income $ 56 $ 50 $ 180 $ 129
Total 49,102 45,372 142,311 131,036
Cost of merchandise sold:        
Payroll and related costs 15,301 14,598 44,658 42,408
Operating expenses 6,268 6,008 18,565 17,452
Occupancy costs 2,024 1,914 6,118 5,640
Selling, general and administrative expenses 1,288 991 3,867 2,887
Depreciation and amortization 1,127 928 3,119 2,596
Cost and expenses 46,815 42,672 136,547 124,428
Income from Operations 2,287 2,700 5,764 6,608
OTHER INCOME (EXPENSE):        
Interest expense (251) (264) (768) (801)
Interest and other income 46 26 131 60
Gain on sale of property and equipment 2 2
Total other income (expense) (203) (238) (635) (741)
Income before provision for income taxes 2,084 2,462 5,129 5,867
Provision for income taxes (282) (51) (209) (404)
Net Income 1,802 2,411 4,920 5,463
Less: Net Income attributable to noncontrolling interests (681) (806) (1,748) (1,337)
Net Income Attributable to Flanigan’s Enterprises Inc. Stockholders $ 1,121 $ 1,605 $ 3,172 $ 4,126
Net Income Per Common Share:        
Basic (in Dollars per share) $ 0.6 $ 0.86 $ 1.71 $ 2.22
Weighted Average Shares and Equivalent Shares Outstanding        
Basic (in Shares) 1,858,647 1,858,647 1,858,647 1,858,647
Restaurant food sales        
REVENUES:        
Revenue $ 30,471 $ 28,126 $ 86,182 $ 80,006
Restaurant bar sales        
REVENUES:        
Revenue 7,577 7,687 22,780 21,956
Package store sales        
REVENUES:        
Revenue 10,292 8,791 31,034 26,853
Franchise related revenues        
REVENUES:        
Revenue 428 466 1,291 1,409
Rental income        
REVENUES:        
Revenue 278 252 844 683
Restaurant and lounges        
Cost of merchandise sold:        
Package goods 13,104 11,735 37,145 33,751
Package goods        
Cost of merchandise sold:        
Package goods $ 7,703 $ 6,498 $ 23,075 $ 19,694