Business Combinations (Tables)

9 Months Ended

Jun. 30, 2015

Business Combinations [Abstract]

Schedule of Fair Value Estimate of Assets Acquired and Liabilities Assumed

		Allocated Fair Value
Cash	$	1,376
Receivables		124
Prepaid expenses and other		49
Inventories		133
Deposits		52
Property and equipment		3,672
Trademarks		3,900
Franchise agreements		116
Non-compete agreements		15
Goodwill		14,974
Total assets purchased		24,411
Accounts payable and other accrued liabilities		(749)
Unfavorable lease liability		(481)
Non-controlling interests in partnerships		(1,276)
Total liabilities assumed		(2,506)
Investment in BDFD balance		(498)
Total purchase price	$	21,407
Cash	$	18,988
Notes payable		2,419
Total purchase price	$	21,407

Schedule of Intangible Assets Acquired

	Estimated Fair Value	Weighted Average Estimated Useful Life (yrs)
Trademarks and trade names	$ 3,900	Indefinite
Franchise Agreements	116	3 – 9
Non-Compete Agreements	15	3
Goodwill, including assembled workforce	14,974	Indefinite

Pro-Forma Revenue and Net Income

	Three Months Ended		Nine months Ended
	June 30, (1)		June 30, (2)
	2015	2014	2015	2014
Revenues	$14,825	$11,476	$39,866	$30,016
Net income (loss)	$641	$596	$409	$(178)
Net income (loss) attributable to Good Times Restaurants, Inc.	$480	$474	$131	$(162)
Net income (loss)attributable to common shareholders	$480	$474	$131	$(221)
Basic income (loss) per share	$.04	$.07	$.01	$(.04)
Diluted income (loss) per share	$.04	$.06	$.01	$(.04)