INCOME PER SHARE OF COMMON STOCK

12 Months Ended

Sep. 27, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

15. INCOME PER SHARE OF COMMON STOCK

A reconciliation of the numerators and denominators of the basic and diluted per share computations for the fiscal years ended September 27, 2014 and September 28, 2013 follows:

	Net Income Attributable to Ark Restaurants Corp. (Numerator)		Shares (Denominator)		Per Share Amount
	(In thousands, except per share amounts)
Year ended September 27, 2014
Basic EPS	$	4,915		3,296	$	1.49
Stock options		—		134		(0.06	)
Diluted EPS	$	4,915		3,430	$	1.43
Year ended September 28, 2013
Basic EPS	$	3,825		3,246	$	1.18
Stock options		—		125		(0.05	)
Diluted EPS	$	3,825		3,371	$	1.13

For the year ended September 27, 2014, options to purchase 96,361 shares of common stock at a price of $12.04 and options to purchase 175,800 shares of common stock at a price of $14.40 were included in diluted earnings per share. Options to purchase 136,500 shares of common stock at a price of $29.60, options to purchase 90,000 shares of common stock at a price of $32.15 per share and options to purchase 205,500 shares of common stock at a price of $22.50 per share were not included in diluted earnings per share as their impact would be anti-dilutive.

For the year ended September 28, 2013, options to purchase 158,300 shares of common stock at a price of $12.04 and options to purchase 238,300 shares of common stock at a price of $14.40 were included in diluted earnings per share. Options to purchase 136,500 shares of common stock at a price of $29.60 and options to purchase 90,000 shares of common stock at a price of $32.15 per share were not included in diluted earnings per share as their impact would be anti-dilutive.