FIXED ASSETS

12 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Fixed assets consist of the following:


	September 30, 2023		October 1, 2022
	(in thousands)
Land and building	$	18,393	$	18,033
Building and leasehold improvements	44,308		43,054
Furniture, fixtures and equipment	39,025		36,554
Construction in progress	127		355
	101,853		97,996
Less: accumulated depreciation and amortization	67,539		63,314
Fixed Assets - Net	$	34,314	$	34,682

Depreciation and amortization expense related to fixed assets for the years ended September 30, 2023 and October 1, 2022 was $4,225,000 and $4,193,000, 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.