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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 27, 2015
Sep. 27, 2014
CURRENT ASSETS:    
Cash and cash equivalents (includes $595 at June 27, 2015 and $584 at September 27, 2014 related to VIEs) $ 7,586 $ 8,662
Accounts receivable (includes $405 at June 27, 2015 and $440 at September 27, 2014 related to VIEs) 3,691 3,016
Employee receivables 375 399
Inventories (includes $17 at June 27, 2015 and $19 at September 27, 2014 related to VIEs) 1,896 1,832
Prepaid expenses and other current assets (includes $178 at June 27, 2015 and $173 at September 27, 2014 related to VIEs) 1,782 1,491
Current portion of note receivable   25
Total current assets 15,330 15,425
FIXED ASSETS - Net (includes $52 at June 27, 2015 and $59 at September 27, 2014 related to VIEs) 28,325 29,019
NOTE RECEIVABLE, LESS CURRENT PORTION   228
INTANGIBLE ASSETS - Net 103 95
GOODWILL 6,813 6,813
TRADEMARKS 1,221 1,221
DEFERRED INCOME TAXES 4,771 5,214
OTHER ASSETS (includes $71 at June 27, 2015 and September 27, 2014 related to VIEs) 7,628 7,348
TOTAL ASSETS 64,191 65,363
CURRENT LIABILITIES:    
Accounts payable - trade (includes $57 at June 27, 2015 and $58 at September 27, 2014 related to VIEs) 2,626 2,592
Accrued expenses and other current liabilities (includes $294 at June 27, 2015 and $179 at September 27, 2014 related to VIEs) 10,463 10,336
Accrued income taxes 928 1,162
Dividend payable   844
Current portion of notes payable 1,617 1,794
Total current liabilities 15,634 16,728
OPERATING LEASE DEFERRED CREDIT (includes $78 at June 27, 2015 and $75 at September 27, 2014 related to VIEs) 3,901 4,219
NOTES PAYABLE, LESS CURRENT PORTION 4,311 5,524
TOTAL LIABILITIES $ 23,846 $ 26,471
COMMITMENTS AND CONTINGENCIES    
EQUITY:    
Common stock, par value $.01 per share - authorized, 10,000 shares; issued, 4,761 shares at June 27, 2015 and 4,733 shares at September 27, 2014; outstanding, 3,405 shares at June 27, 2015 and 3,377 shares at September 27, 2014 $ 48 $ 47
Additional paid-in capital 25,929 25,167
Retained earnings 25,392 24,554
51,369 49,768
Less treasury stock, at cost, of 1,356 shares at June 27, 2015 and September 27, 2014 (13,220) (13,220)
Total Ark Restaurants Corp. shareholders’ equity 38,149 36,548
NON-CONTROLLING INTERESTS 2,196 2,344
TOTAL EQUITY 40,345 38,892
TOTAL LIABILITIES AND EQUITY $ 64,191 $ 65,363