XML 51 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Revenues:        
Sales of alcoholic beverages $ 15,576rick_AlcoholicBeveragesRevenue $ 12,985rick_AlcoholicBeveragesRevenue $ 30,815rick_AlcoholicBeveragesRevenue $ 24,674rick_AlcoholicBeveragesRevenue
Sales of food and merchandise 5,241rick_FoodAndMerchandiseRevenue 3,979rick_FoodAndMerchandiseRevenue 10,466rick_FoodAndMerchandiseRevenue 7,402rick_FoodAndMerchandiseRevenue
Service revenues 14,559us-gaap_SalesRevenueServicesNet 14,347us-gaap_SalesRevenueServicesNet 28,783us-gaap_SalesRevenueServicesNet 27,077us-gaap_SalesRevenueServicesNet
Other 2,034rick_OtherRevenues 1,559rick_OtherRevenues 3,833rick_OtherRevenues 3,140rick_OtherRevenues
Total revenues 37,410us-gaap_Revenues 32,870us-gaap_Revenues 73,897us-gaap_Revenues 62,293us-gaap_Revenues
Operating expenses:        
Cost of goods sold 5,381us-gaap_CostOfGoodsSold 4,041us-gaap_CostOfGoodsSold 10,492us-gaap_CostOfGoodsSold 7,788us-gaap_CostOfGoodsSold
Salaries and wages 8,115us-gaap_SalariesAndWages 6,854us-gaap_SalariesAndWages 16,147us-gaap_SalariesAndWages 13,431us-gaap_SalariesAndWages
Stock compensation 120us-gaap_ShareBasedCompensation 151us-gaap_ShareBasedCompensation 240us-gaap_ShareBasedCompensation 154us-gaap_ShareBasedCompensation
Other general and administrative:        
Taxes and permits 5,709us-gaap_TaxesExcludingIncomeAndExciseTaxes 5,142us-gaap_TaxesExcludingIncomeAndExciseTaxes 11,102us-gaap_TaxesExcludingIncomeAndExciseTaxes 9,557us-gaap_TaxesExcludingIncomeAndExciseTaxes
Charge card fees 544rick_ChargeCardFees 449rick_ChargeCardFees 1,091rick_ChargeCardFees 877rick_ChargeCardFees
Rent 1,184us-gaap_LeaseAndRentalExpense 1,156us-gaap_LeaseAndRentalExpense 2,325us-gaap_LeaseAndRentalExpense 2,384us-gaap_LeaseAndRentalExpense
Legal and professional 1,064rick_LegalAndProfessionalFees 426rick_LegalAndProfessionalFees 2,023rick_LegalAndProfessionalFees 1,214rick_LegalAndProfessionalFees
Advertising and marketing 1,312us-gaap_MarketingAndAdvertisingExpense 1,406us-gaap_MarketingAndAdvertisingExpense 2,679us-gaap_MarketingAndAdvertisingExpense 2,691us-gaap_MarketingAndAdvertisingExpense
Insurance 801us-gaap_GeneralInsuranceExpense 972us-gaap_GeneralInsuranceExpense 1,621us-gaap_GeneralInsuranceExpense 1,771us-gaap_GeneralInsuranceExpense
Utilities 708us-gaap_UtilitiesCosts 646us-gaap_UtilitiesCosts 1,442us-gaap_UtilitiesCosts 1,241us-gaap_UtilitiesCosts
Depreciation and amortization 1,886us-gaap_DepreciationAndAmortization 1,513us-gaap_DepreciationAndAmortization 3,531us-gaap_DepreciationAndAmortization 2,906us-gaap_DepreciationAndAmortization
(Gain) loss on sale of property (18)us-gaap_GainLossOnSaleOfPropertyPlantEquipment (86)us-gaap_GainLossOnSaleOfPropertyPlantEquipment (18)us-gaap_GainLossOnSaleOfPropertyPlantEquipment (86)us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Impairment of assets 0us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges 1,358us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges
Settlement of lawsuits and other one time costs 10,303us-gaap_LitigationSettlementExpense 150us-gaap_LitigationSettlementExpense 10,550us-gaap_LitigationSettlementExpense 270us-gaap_LitigationSettlementExpense
Other 2,917us-gaap_OtherGeneralExpense 2,591us-gaap_OtherGeneralExpense 5,790us-gaap_OtherGeneralExpense 5,022us-gaap_OtherGeneralExpense
Total operating expenses 40,026us-gaap_OperatingExpenses 25,411us-gaap_OperatingExpenses 70,373us-gaap_OperatingExpenses 49,220us-gaap_OperatingExpenses
Operating income (loss) (2,616)us-gaap_OperatingIncomeLoss 7,459us-gaap_OperatingIncomeLoss 3,524us-gaap_OperatingIncomeLoss 13,073us-gaap_OperatingIncomeLoss
Other income (expense):        
Interest income 26us-gaap_InvestmentIncomeInterest 35us-gaap_InvestmentIncomeInterest 39us-gaap_InvestmentIncomeInterest 112us-gaap_InvestmentIncomeInterest
Interest expense (1,783)us-gaap_InterestExpenseDebt (1,924)us-gaap_InterestExpenseDebt (3,402)us-gaap_InterestExpenseDebt (3,936)us-gaap_InterestExpenseDebt
Gain from original investment in Drink Robust, Inc. 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 577us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
Income (loss) before income taxes (4,373)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 5,570us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 738us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 9,249us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income taxes (benefit) (1,265)us-gaap_IncomeTaxExpenseBenefit 1,922us-gaap_IncomeTaxExpenseBenefit 581us-gaap_IncomeTaxExpenseBenefit 3,245us-gaap_IncomeTaxExpenseBenefit
Net income (loss) (3,108)us-gaap_ProfitLoss 3,648us-gaap_ProfitLoss 157us-gaap_ProfitLoss 6,004us-gaap_ProfitLoss
Less: net (income) loss attributable to noncontrolling interests 267us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 74us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 362us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 121us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) attributable to RCI Hospitality Holdings, Inc. $ (2,841)us-gaap_NetIncomeLoss $ 3,722us-gaap_NetIncomeLoss $ 519us-gaap_NetIncomeLoss $ 6,125us-gaap_NetIncomeLoss
Basic earnings (loss) per share attributable to RCIHH shareholders:        
Net income (in dollars per share) $ (0.28)us-gaap_EarningsPerShareBasic $ 0.39us-gaap_EarningsPerShareBasic $ 0.05us-gaap_EarningsPerShareBasic $ 0.64us-gaap_EarningsPerShareBasic
Diluted earnings (loss) per share attributable to RCIHH shareholders:        
Net income (in dollars per share) $ (0.28)us-gaap_EarningsPerShareDiluted $ 0.37us-gaap_EarningsPerShareDiluted $ 0.05us-gaap_EarningsPerShareDiluted $ 0.62us-gaap_EarningsPerShareDiluted
Weighted average number of common shares outstanding:        
Basic (in shares) 10,275us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,661us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 10,269us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 9,604us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 10,275us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 10,853us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 10,273us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 10,763us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding