XML 17 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2018
Apr. 01, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 1,051 $ 1,798
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Gain on sale of Ark Jupiter RI, LLC   (1,637)
Loss on disposal of assets   283
Deferred income taxes (1,192) 36
Accrued interest on note receivable from NMR (28)  
Depreciation and amortization 2,582 2,252
Amortization of deferred financing costs 9 23
Operating lease deferred credit (156) (11)
Changes in operating assets and liabilities:    
Accounts receivable (184) (168)
Inventories 4 (302)
Prepaid, refundable and accrued income taxes (37) 526
Prepaid expenses and other current assets 283 (124)
Other assets (37) 213
Accounts payable - trade (193) 1,119
Accrued expenses and other current liabilities 132 (828)
Net cash provided by operating activities 2,234 3,180
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of fixed assets (3,666) (4,565)
Loans and advances made to employees (47) (25)
Payments received on employee receivables 94 81
Proceeds from the sale of Ark Jupiter RI, LLC   2,474
Additional investment in Meadowlands Newmark LLC   (222)
Net cash used in investing activities (3,619) (5,300)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on notes payable (1,054) (1,709)
Borrowings under credit facility 4,800  
Dividends paid (2,575) (1,712)
Proceeds from issuance of stock upon exercise of stock options 170 36
Distributions to non-controlling interests (399) (919)
Net cash provided by (used in) financing activities 942 (4,304)
NET DECREASE IN CASH AND CASH EQUIVALENTS (443) (6,424)
CASH AND CASH EQUIVALENTS, Beginning of period 1,406 7,239
CASH AND CASH EQUIVALENTS, End of period 963 815
Cash paid during the period for:    
Interest 483 276
Income taxes 7 192
Non-cash financing activities:    
Change in excess tax benefits from stock-based compensation $ 13 (397)
Oyster House [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of restaurants and bars   (3,043)
Non-cash financing activities:    
Note payable in connection with the purchase of restaurants and bars   $ 8,000