NOTE 10. BUSINESS SEGMENTS

6 Months Ended

Apr. 04, 2021

Notes

NOTE 10. BUSINESS SEGMENTS

NOTE 10. BUSINESS SEGMENTS

The Company manages its operations on an individual location basis. Discrete financial information is maintained for each Park and provided to management for review and as a basis for decision-making. The primary performance measures used to allocate resources are Park earnings before interest and tax expense, and free cash flow.

The following tables present financial information regarding each of the Company’s reportable segments:

	For the three months ended				For the six months ended
	April 4, 2021		March 29, 2020		April 4, 2021		March 29, 2020
Total net sales:
Georgia	$	1,609,777	$	631,622	$	3,178,788	$	1,530,058
Missouri		319,649		111,335		539,677		208,384
Texas		546,757		-		984,917		-
Consolidated	$	2,476,183	$	742,957	$	4,703,382	$	1,738,442
Income (loss) before income taxes:
Georgia	$	818,557	$	78,849	$	1,680,254	$	411,622
Missouri		(29,720)		(150,272)		(160,187)		(313,689)
Texas		23,479		-		4,534		-
Segment total		812,316		(71,423)		1,524,601		97,933
Corporate		(182,487)		(165,280)		(499,288)		(434,728)
Other income, net		12,755		7,542		27,319		15,504
Gain on extinguishment of debt		125,371		-		125,371		-
Interest expense		(84,207)		(17,191)		(175,620)		(34,912)
Consolidated	$	683,748	$	(246,352)	$	1,002,383	$	(356,203)

	As of
	April 4, 2021		September 27, 2020
Total assets:
Georgia	$	9,095,177	$	8,352,457
Missouri		2,963,501		3,120,166
Texas		7,847,934		7,919,577
Corporate		198,692		130,083
Consolidated	$	20,105,304	$	19,522,283