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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Mar. 29, 2025
Mar. 30, 2024
REVENUES:        
Total revenues $ 39,725 $ 42,257 $ 84,714 $ 89,743
COSTS AND EXPENSES:        
Payroll expenses 14,415 15,512 30,823 32,488
Other operating costs and expenses 5,584 5,836 11,384 11,928
General and administrative expenses 3,322 3,141 6,470 6,461
Depreciation and amortization 701 1,057 1,479 2,149
(Gain) loss on closure of El Rio Grande (140) 0 5 0
Gain on termination of Tampa Food Court lease 0 0 (5,235) 0
Goodwill impairment 3,440 0 3,440 0
Total costs and expenses 44,342 43,459 83,641 89,342
OPERATING INCOME (LOSS) (4,617) (1,202) 1,073 401
OTHER (INCOME) EXPENSE:        
Interest expense 104 161 226 332
Interest income (11) (11) (22) (22)
Other income 0 0 0 (26)
Gain on forgiveness of PPP Loans 0 0 0 (285)
Total other (income) expense, net 93 150 204 (1)
INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES (4,710) (1,352) 869 402
Provision (benefit) for income taxes 4,434 (147) 4,938 11
CONSOLIDATED NET INCOME (LOSS) (9,144) (1,205) (4,069) 391
Net income attributable to non-controlling interests (114) (244) (2,025) (470)
NET LOSS ATTRIBUTABLE TO ARK RESTAURANTS CORP. $ (9,258) $ (1,449) $ (6,094) $ (79)
NET LOSS ATTRIBUTABLE TO ARK RESTAURANTS CORP. PER COMMON SHARE:        
Basic (in dollars per share) $ (2.57) $ (0.40) $ (1.69) $ (0.02)
Diluted (in dollars per share) $ (2.57) $ (0.40) $ (1.69) $ (0.02)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:        
Basic (in shares) 3,605 3,604 3,604 3,604
Diluted (in shares) 3,605 3,604 3,604 3,604
Food and beverage sales        
REVENUES:        
Total revenues $ 39,123 $ 41,188 $ 83,566 $ 87,818
COSTS AND EXPENSES:        
Cost of goods and services sold 11,484 12,138 23,591 24,209
Other revenue        
REVENUES:        
Total revenues 602 1,069 1,148 1,925
Occupancy expenses        
COSTS AND EXPENSES:        
Cost of goods and services sold $ 5,536 $ 5,775 $ 11,684 $ 12,107