XML 47 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Sales of alcoholic beverages $ 15,148 $ 13,626 $ 45,963 $ 38,300
Sales of food and merchandise 5,049 4,076 15,515 11,478
Service revenues 13,870 14,035 42,623 41,112
Other 1,694 1,606 5,557 4,746
Total revenues 35,761 33,343 109,658 95,636
Operating expenses:        
Cost of goods sold 5,033 4,295 15,525 12,083
Salaries and wages 8,176 7,219 24,323 20,650
Stock compensation 120 2 360 156
Other general and administrative:        
Taxes and permits 5,444 5,150 16,546 14,707
Charge card fees 562 479 1,653 1,356
Rent 1,189 1,315 3,514 3,699
Legal and professional 939 1,206 2,962 2,420
Advertising and marketing 1,506 1,420 4,185 4,111
Insurance 866 1,014 2,487 2,785
Utilities 727 650 2,169 1,891
Depreciation and amortization 1,923 1,532 5,454 4,438
Loss on sale of property 178 334 160 248
Impairment of assets 0 0 1,358 0
Settlement of lawsuits and other one-time costs 10 3,233 10,560 3,503
Gain on settlement of patron tax (8,167) 0 (8,167) 0
Other 3,103 2,602 8,893 7,624
Total operating expenses 21,609 30,451 91,982 79,671
Operating income 14,152 2,892 17,676 15,965
Other income (expense):        
Interest income 0 0 39 112
Interest expense (1,630) (2,060) (5,032) (5,996)
Gain from original investment in Drink Robust 0 0 577 0
Income before income taxes 12,522 832 13,260 10,081
Income taxes 4,442 203 5,023 3,448
Net income 8,080 629 8,237 6,633
Less: net (income) loss attributable to noncontrolling interests 187 62 549 183
Net income attributable to RCI Hospitality Holdings, Inc. $ 8,267 $ 691 $ 8,786 $ 6,816
Basic earnings per share attributable to RCIHH's shareholders:        
Net income (in dollars per share) $ 0.81 $ 0.07 $ 0.86 $ 0.70
Diluted earnings per share attributable to RCIHH’s shareholders:        
Net income (in dollars per share) $ 0.78 $ 0.07 $ 0.85 $ 0.69
Weighted average number of common shares outstanding:        
Basic (in shares) 10,245 9,883 10,262 9,695
Diluted (in shares) 10,707 9,968 10,724 9,922