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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
REVENUES:        
Total revenues $ 7,199 $ 44,807 $ 84,716 $ 120,667
COSTS AND EXPENSES:        
Payroll expenses 3,701 14,864 31,925 41,948
Other operating costs and expenses 852 4,840 11,834 15,051
General and administrative expenses 2,437 3,238 7,888 8,840
Loss of termination of lease 0 0 364 0
Loss on closure of Durgin-Park 0 0 0 1,106
Depreciation and amortization 981 1,174 3,188 3,568
Total costs and expenses 12,822 40,076 89,839 115,553
OPERATING INCOME (LOSS) (5,623) 4,731 (5,123) 5,114
INTEREST (INCOME) EXPENSE:        
Interest expense 283 373 1,045 1,031
Interest income (29) (19) (103) (48)
Total interest expense, net 254 354 942 983
INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES (5,877) 4,377 (6,065) 4,131
Provision (benefit) for income taxes (3,118) 283 (3,213) 728
CONSOLIDATED NET INCOME (LOSS) (2,759) 4,094 (2,852) 3,403
Net (income) loss attributable to non-controlling interests 233 (132) 61 (172)
NET INCOME (LOSS) ATTRIBUTABLE TO ARK RESTAURANTS CORP. $ (2,526) $ 3,962 $ (2,791) $ 3,231
NET INCOME (LOSS) PER ARK RESTAURANTS CORP. COMMON SHARE:        
Basic (in USD per share) $ (0.72) $ 1.14 $ (0.80) $ 0.93
Diluted (in USD per share) $ (0.72) $ 1.12 $ (0.80) $ 0.92
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:        
Basic (in shares) 3,502 3,481 3,500 3,477
Diluted (in shares) 3,502 3,530 3,500 3,531
Food and beverage sales        
REVENUES:        
Total revenues $ 6,907 $ 43,888 $ 82,850 $ 118,212
COSTS AND EXPENSES:        
Cost of goods and services sold 1,847 11,714 22,366 31,982
Other revenue        
REVENUES:        
Total revenues 292 919 1,866 2,455
Occupancy expenses        
COSTS AND EXPENSES:        
Cost of goods and services sold $ 3,004 $ 4,246 $ 12,274 $ 13,058