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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Apr. 01, 2023
Apr. 02, 2022
REVENUES:        
Total revenues $ 41,897 $ 39,586 $ 89,342 $ 83,571
COSTS AND EXPENSES:        
Payroll expenses 15,311 13,482 31,833 27,722
Other operating costs and expenses 5,352 4,840 11,283 9,978
General and administrative expenses 3,023 3,018 6,159 5,982
Depreciation and amortization 1,138 1,148 2,171 2,227
Total costs and expenses 41,874 39,359 87,115 80,553
OPERATING INCOME 23 227 2,227 3,018
OTHER (INCOME) EXPENSE:        
Interest expense 465 262 894 547
Interest income (217) (12) (306) (22)
Other income 0 (125) 0 (347)
Gain on forgiveness of PPP Loans 0 (1,122) (272) (1,122)
Total other (income) expense, net 248 (997) 316 (944)
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES (225) 1,224 1,911 3,962
Provision for income taxes 19 76 133 385
CONSOLIDATED NET INCOME (LOSS) (244) 1,148 1,778 3,577
Net income attributable to non-controlling interests (240) (93) (537) (313)
NET INCOME (LOSS) ATTRIBUTABLE TO ARK RESTAURANTS CORP. $ (484) $ 1,055 $ 1,241 $ 3,264
NET INCOME (LOSS) ATTRIBUTABLE TO ARK RESTAURANTS CORP. PER COMMON SHARE:        
Basic (in dollars per share) $ (0.13) $ 0.30 $ 0.34 $ 0.92
Diluted (in dollars per share) $ (0.13) $ 0.29 $ 0.34 $ 0.91
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:        
Basic (in shares) 3,600 3,552 3,600 3,552
Diluted (in shares) 3,645 3,604 3,646 3,600
Food and beverage sales        
REVENUES:        
Total revenues $ 40,913 $ 38,822 $ 87,452 $ 82,058
COSTS AND EXPENSES:        
Cost of goods and services sold 11,795 12,255 24,231 24,796
Other revenue        
REVENUES:        
Total revenues 984 764 1,890 1,513
Occupancy expenses        
COSTS AND EXPENSES:        
Cost of goods and services sold $ 5,255 $ 4,616 $ 11,438 $ 9,848