XML 16 R3.htm IDEA: XBRL DOCUMENT v3.24.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 28, 2024
Sep. 30, 2023
Current Assets:    
Cash and cash equivalents $ 21,402 $ 25,532
Prepaid income taxes 170 219
Other receivables 1,063 834
Inventories 7,020 7,198
Prepaid expenses 1,874 1,511
Total current assets 31,529 35,294
Property and equipment, net 81,747 74,724
Construction in progress 5,416
Total Property, Equipment and Construction in Progress 81,747 80,140
Right-of-use assets, operating leases 26,828 26,987
Investment in Limited Partnerships 274 252
Other Assets:    
Liquor licenses 1,268 1,268
Deposits on property and equipment 57 887
Leasehold interests, net 68 63
Other 311 878
Total other assets 1,704 3,096
Total assets 142,082 145,769
Current Liabilities:    
Accounts payable and accrued expenses 7,213 9,271
Accrued compensation 1,798 1,808
Due to franchisees 4,149 4,977
Current portion of long term debt 1,400 1,295
Operating lease liabilities, current 2,467 2,385
Deferred revenue 2,897 2,635
Total current liabilities 19,924 22,371
Long term debt, net of current portion 20,512 21,833
Operating lease liabilities, non-current 25,847 25,850
Deferred tax liabilities 389 801
Total liabilities 66,672 70,855
Commitments and Contingencies Note 12
Flanigan’s Enterprises, Inc.’s Stockholders’ Equity    
Common stock, $.10 par value, 5,000,000 shares authorized; 4,197,642 shares issued; 1,858,647 outstanding for the years ended 2024 and 2023 420 420
Capital in excess of par value 6,240 6,240
Retained earnings 60,674 58,247
Accumulated other comprehensive income (41) 395
Treasury stock, at cost, 2,338,995 shares (6,077) (6,077)
Total Flanigan’s Enterprises, Inc.’s Stockholders’ Equity 61,216 59,225
Noncontrolling interests 14,194 15,689
Total stockholders' equity 75,410 74,914
Total liabilities and stockholders' equity $ 142,082 $ 145,769