XML 13 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED CONDENSED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 30, 2023
Dec. 31, 2022
REVENUES:    
Total revenues $ 47,487 $ 47,445
COSTS AND EXPENSES:    
Payroll expenses 16,977 16,522
Other operating costs and expenses 6,092 5,932
General and administrative expenses 3,320 3,137
Depreciation and amortization 1,092 1,033
Total costs and expenses 45,884 45,242
OPERATING INCOME 1,603 2,203
OTHER (INCOME) EXPENSE:    
Interest expense 171 429
Interest income (11) (90)
Other income (26) 0
Gain on forgiveness of PPP Loans (285) (272)
Total other (income) expense, net (151) 67
INCOME BEFORE PROVISION FOR INCOME TAXES 1,754 2,136
Provision for income taxes 158 114
CONSOLIDATED NET INCOME 1,596 2,022
Net income attributable to non-controlling interests (226) (297)
NET INCOME ATTRIBUTABLE TO ARK RESTAURANTS CORP. $ 1,370 $ 1,725
NET INCOME ATTRIBUTABLE TO ARK RESTAURANTS CORP. PER COMMON SHARE:    
Basic (in dollars per share) $ 0.38 $ 0.48
Diluted (in dollars per share) $ 0.38 $ 0.47
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:    
Basic (in shares) 3,604 3,600
Diluted (in shares) 3,631 3,648
Food and beverage sales    
REVENUES:    
Total revenues $ 46,630 $ 46,539
COSTS AND EXPENSES:    
Cost of goods and services sold 12,071 12,435
Other revenue    
REVENUES:    
Total revenues 857 906
Occupancy expenses    
COSTS AND EXPENSES:    
Cost of goods and services sold $ 6,332 $ 6,183