XML 26 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2015
Sep. 30, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 11,420,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 9,894,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Assets held for sale 1,089,000us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 0us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Receivables, net of allowance for doubtful accounts of $0 302,000us-gaap_ReceivablesNetCurrent 150,000us-gaap_ReceivablesNetCurrent
Prepaid expenses and other 70,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent 55,000us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Inventories 299,000us-gaap_InventoryNet 282,000us-gaap_InventoryNet
Notes receivable 11,000us-gaap_NotesAndLoansReceivableNetCurrent 10,000us-gaap_NotesAndLoansReceivableNetCurrent
Total current assets 13,191,000us-gaap_AssetsCurrent 10,391,000us-gaap_AssetsCurrent
PROPERTY, EQUIPMENT AND CAPITAL LEASES    
Land and building 4,737,000gtim_LandAndBuildingsGross 4,736,000gtim_LandAndBuildingsGross
Leasehold improvements 5,597,000us-gaap_LeaseholdImprovementsGross 4,710,000us-gaap_LeaseholdImprovementsGross
Fixtures and equipment 9,827,000us-gaap_FixturesAndEquipmentGross 8,796,000us-gaap_FixturesAndEquipmentGross
Total property, equipment and capital leases 20,161,000us-gaap_PropertyPlantAndEquipmentGross 18,242,000us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation and amortization (12,969,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (12,488,000)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Total net property, equipment and capital leases 7,192,000us-gaap_PropertyPlantAndEquipmentNet 5,754,000us-gaap_PropertyPlantAndEquipmentNet
OTHER ASSETS:    
Notes receivable 77,000us-gaap_NotesAndLoansReceivableNetNoncurrent 82,000us-gaap_NotesAndLoansReceivableNetNoncurrent
Investment in affiliate 516,000us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures 502,000us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
Goodwill 96,000us-gaap_Goodwill 96,000us-gaap_Goodwill
Deposits and other assets 78,000gtim_DepositsAndOtherAssetsNoncurrent 56,000gtim_DepositsAndOtherAssetsNoncurrent
Total other assets 767,000us-gaap_OtherAssetsNoncurrent 736,000us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS 21,150,000us-gaap_Assets 16,881,000us-gaap_Assets
CURRENT LIABILITIES:    
Current maturities of long-term debt and capital lease obligations 197,000us-gaap_LongTermDebtCurrent 69,000us-gaap_LongTermDebtCurrent
Accounts payable 1,301,000us-gaap_AccountsPayableCurrent 1,085,000us-gaap_AccountsPayableCurrent
Deferred income 23,000us-gaap_DeferredRevenueCurrent 88,000us-gaap_DeferredRevenueCurrent
Other accrued liabilities 1,593,000us-gaap_OtherAccruedLiabilitiesCurrent 1,308,000us-gaap_OtherAccruedLiabilitiesCurrent
Total current liabilities 3,114,000us-gaap_LiabilitiesCurrent 2,550,000us-gaap_LiabilitiesCurrent
LONG-TERM LIABILITIES:    
Capital lease obligations due after one year 27,000us-gaap_CapitalLeaseObligationsNoncurrent 42,000us-gaap_CapitalLeaseObligationsNoncurrent
Long-term debt due after one year 1,178,000us-gaap_LongTermDebtNoncurrent 177,000us-gaap_LongTermDebtNoncurrent
Deferred and other liabilities 989,000gtim_DeferredRentAndOtherLongTermLiabilitiesNoncurrent 791,000gtim_DeferredRentAndOtherLongTermLiabilitiesNoncurrent
Total long-term liabilities 2,194,000us-gaap_LiabilitiesNoncurrent 1,010,000us-gaap_LiabilitiesNoncurrent
Good Times Restaurants Inc stockholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of March 31, 2015 and September 30, 2014 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $.001 par value; 50,000,000 shares authorized, 9,461,739 and 8,256,591 shares issued and outstanding as of March 31, 2015 and September 30, 2014, respectively 10,000us-gaap_CommonStockValue 8,000us-gaap_CommonStockValue
Capital contributed in excess of par value 36,405,000us-gaap_AdditionalPaidInCapital 33,047,000us-gaap_AdditionalPaidInCapital
Accumulated deficit (20,858,000)us-gaap_RetainedEarningsAccumulatedDeficit (20,013,000)us-gaap_RetainedEarningsAccumulatedDeficit
Total Good Times Restaurants Inc. stockholders' equity 15,557,000us-gaap_StockholdersEquity 13,042,000us-gaap_StockholdersEquity
Non-controlling interest in partnerships 285,000us-gaap_MinorityInterest 279,000us-gaap_MinorityInterest
Total stockholders' equity 15,842,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 13,321,000us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 21,150,000us-gaap_LiabilitiesAndStockholdersEquity $ 16,881,000us-gaap_LiabilitiesAndStockholdersEquity