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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2021
Sep. 29, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 11,204 $ 11,454
Receivables, net of allowance for doubtful accounts of $0 435 656
Prepaid expenses and other 811 275
Inventories 1,102 1,093
Notes receivable 13
Total current assets 13,552 13,491
PROPERTY AND EQUIPMENT:    
Land and building 4,704 4,704
Leasehold improvements 33,933 33,280
Fixtures and equipment 29,294 28,593
Total property and equipment 67,931 66,577
Less accumulated depreciation and amortization (40,815) (38,908)
Total net property and equipment 27,116 27,669
OTHER ASSETS:    
Operating lease right-of-use assets, net 47,702 49,252
Deposits and other assets 255 209
Trademarks 3,900 3,900
Other intangibles, net 14 22
Goodwill 5,150 5,150
Total other assets 57,021 58,533
TOTAL ASSETS: 97,689 99,693
CURRENT LIABILITIES:    
Current maturities of long-term debt 8,148 6,242
Accounts payable 1,891 2,581
Deferred income 57 69
Operating lease liabilities, current 4,770 4,689
Other accrued liabilities 5,855 5,055
Total current liabilities 20,721 18,636
LONG-TERM LIABILITIES:    
Maturities of long-term debt due after one year 6,997 10,903
Operating lease liabilities, net of current portion 51,939 53,731
Deferred and other liabilities 844 1,440
Total long-term liabilities 59,780 66,074
Good Times Restaurants Inc. stockholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of 3/30/21 and 9/29/20
Common stock, $.001 par value; 50,000,000 shares authorized, 12,695,678 and 12,612,852 shares issued and outstanding as of 3/30/21 and 9/29/20, respectively 13 13
Capital contributed in excess of par value 58,591 58,219
Treasury stock-at cost; 43,110 shares (75) (75)
Accumulated deficit (42,568) (44,467)
Total Good Times Restaurants Inc. stockholders' equity 15,961 13,690
Non-controlling interests 1,227 1,293
Total stockholders' equity 17,188 14,983
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 97,689 $ 99,693