FIXED ASSETS

12 Months Ended

Oct. 01, 2022

Property, Plant and Equipment [Abstract]

Fixed assets consist of the following:


	October 1, 2022		October 2, 2021
	(in thousands)
Land and building	$	18,033	$	18,033
Leasehold improvements	43,054		42,200
Furniture, fixtures and equipment	36,554		36,143
Construction in progress	355		38
	97,996		96,414
Less: accumulated depreciation and amortization	63,314		60,240
Fixed Assets - Net	$	34,682	$	36,174

Depreciation and amortization expense related to fixed assets for the years ended October 1, 2022 and October 2, 2021 was $4,193,000 and $3,577,000, respectively.

Management continually evaluates unfavorable cash flows, if any, related to underperforming restaurants. Periodically it is concluded that certain properties have become impaired based on their existing and anticipated future economic outlook in their respective markets. In such instances, we may impair assets to reduce their carrying values to fair values. Estimated fair values of impaired properties are based on comparable valuations, cash flows and/or management judgment. Included in the year ended October 2, 2021 is an impairment charge of $69,000 related to Clyde Frazier's Wine and Dine (see Note 4).