FIXED ASSETS

12 Months Ended

Sep. 29, 2012

Property, Plant and Equipment Disclosure [Text Block]

6.	FIXED ASSETS
	Fixed assets consist of the following:

	September 29, 2012		October 1, 2011
	(In thousands)
Leasehold improvements	$	41,028	$	36,472
Furniture, fixtures and equipment		34,161		34,144
Construction in progress		-		587
		75,189		71,203
Less: accumulated depreciation and amortization		48,995		47,964
	$	26,194	$	23,239

Depreciation and amortization expense related to fixed assets for the year ended September 29, 2012 was $4,102,000. Depreciation and amortization expense related to fixed assets for the year ended and October 1, 2011 was $4,483,000 of which $3,961,000 is included in costs and expenses and $522,000 is included discontinued operations.

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. During the year ended September 29, 2012, the Company recorded a charge of $379,000 to impair the leasehold improvements and equipment of an underperforming restaurant.