XML 33 R21.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Reporting
6 Months Ended
Mar. 29, 2022
Segment Reporting [Abstract]  
Segment Reporting
Note 15. Segment Reporting

 

All of our Bad Daddy’s Burger Bar restaurants (Bad Daddy’s) compete in the full-service segment of the restaurant industry while our Good Times Burgers and Frozen Custard restaurants (Good Times) compete in the quick-service segment of the dining industry. We believe that providing this additional financial information for each of our brands will provide a better understanding of our overall operating results. Income (loss) from operations represents revenues less restaurant operating costs and expenses, directly allocable general and administrative expenses, and other restaurant-level expenses directly associated with each brand including depreciation and amortization, pre-opening costs and losses or gains on disposal of property and equipment. Unallocated corporate capital expenditures are presented below as reconciling items to the amounts presented in the consolidated financial statements.

 

The following tables present information about our reportable segments for the respective periods (in thousands):

 

   Quarter Ended   Year-to-Date 
   March 29, 2022
(13 Weeks)
   March 30, 2021
(13 Weeks)
   March 29, 2022
(26 Weeks)
   March 30, 2021
(26 Weeks)
 
Revenues                
Bad Daddy’s  $25,524   $21,029   $50,196   $39,782 
Good Times   8,073    8,163    16,317    16,706 
   $33,597   $29,192   $66,513   $56,488 
Income (Loss) from operations                    
Bad Daddy’s  $(807)  $863   $(499)  $1,041 
Good Times   (1,102)   740   $(134  $1,825 
   $(1,909)  $1,603   $(633)  $2,866 
Capital expenditures                    
Bad Daddy’s  $636   $652   $828   $1,022 
Good Times   62    49    107    162 
   $698   $701   $935   $1,184 

 

   March 29, 2022   September 28, 2021 
Property and equipment, net        
Bad Daddy’s   21,569    23,293 
Good Times   2,633    3,773 
   $24,202   $27,066