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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 9 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Jul. 02, 2011
Jul. 03, 2010
REVENUES:        
Food and beverage sales $ 39,191 $ 34,559 $ 101,470 $ 83,522
Other revenue 166 603 518 2,330
Total revenues (includes $5,895 and $16,595 for the 13-weeks and 39-weeks ended July 2, 2011, respectively, related to VIEs) 39,357 35,162 101,988 85,852
COSTS AND EXPENSES:        
Food and beverage cost of sales 10,761 8,988 27,636 21,991
Payroll expenses 11,948 10,015 34,034 27,792
Occupancy expenses 5,105 4,263 14,529 12,332
Other operating costs and expenses 5,062 4,396 13,563 11,691
General and administrative expenses 2,309 2,207 7,117 7,278
Depreciation and amortization 1,053 972 3,331 2,892
Total costs and expenses (includes $4,665 and $13,188 for the 13-weeks and 39-weeks ended July 2, 2011, respectively, related to VIEs) 36,238 30,841 100,210 83,976
OPERATING INCOME 3,119 4,321 1,778 1,876
OTHER (INCOME) EXPENSE:        
Interest expense 3 7 12 23
Interest income (55) (4) (86) (75)
Other (income) expense, net (122) 51 (400) 45
Total other (income) expense, net (174) 54 (474) (7)
Income before provision for income taxes 3,293 4,267 2,252 1,883
Provision for income taxes 490 1,206 273 610
INCOME FROM CONTINUING OPERATIONS 2,803 3,061 1,979 1,273
DISCONTINUED OPERATIONS:        
Loss from operations of discontinued restaurant (includes a net loss on disposal of $71 for the 39-weeks ended July 2, 2011) 0 0 (219) 0
Benefit for income taxes (23) 0 (61) 0
INCOME (LOSS) FROM DISCONTINUED OPERATIONS 23 0 (158) 0
CONSOLIDATED NET INCOME 2,826 3,061 1,821 1,273
Net (income) loss attributable to non-controlling interests (520) (145) (1,280) 248
NET INCOME ATTRIBUTABLE TO ARK RESTAURANTS CORP. 2,306 2,916 541 1,521
AMOUNTS ATTRIBUTABLE TO ARK RESTAURANTS CORP.:        
Income from continuing operations 2,283 2,916 699 1,521
Income (loss) from discontinued operations, net of tax 23 0 (158) 0
Net income $ 2,306 $ 2,916 $ 541 $ 1,521
From continuing operations:        
Basic (in Dollars per share) $ 0.65 $ 0.84 $ 0.20 $ 0.44
Diluted (in Dollars per share) $ 0.64 $ 0.83 $ 0.20 $ 0.43
From discontinued operations:        
Basic (in Dollars per share) $ 0.01 $ 0 $ (0.05) $ 0
Diluted (in Dollars per share) $ 0.01 $ 0 $ (0.05) $ 0
From net income:        
Basic (in Dollars per share) $ 0.66 $ 0.84 $ 0.15 $ 0.44
Diluted (in Dollars per share) $ 0.65 $ 0.83 $ 0.15 $ 0.43
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        
Basic (in Shares) 3,495 3,490 3,494 3,490
Diluted (in Shares) 3,537 3,513 3,526 3,515