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Segment Information

9 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Information

12. Segment Information

The Company owns and operates adult nightclubs and Bombshells Restaurants and Bars. The Company has identified such reportable segments based on management responsibility and the nature of the Company’s products, services and costs. There are no major distinctions in geographical areas served as all operations are in the United States. The Company measures segment profit (loss) as income (loss) from operations. Segment assets are those assets controlled by each reportable segment. The other category below includes our media division and rental income in both years, and the energy drink division in the prior year, that are not significant to the consolidated financial statements.

Below is the financial information related to the Company’s segments (in thousands):

		For the Three Months								For the Nine Months
		Ended June 30,								Ended June 30,
		2017				2016				2017				2016
Revenues
Nightclubs		$	32,575			$	28,336			$	91,824			$	86,272
Bombshells			4,611				5,005				13,281				14,013
Other			243				611				581				1,538
		$	37,429			$	33,952			$	105,686			$	101,823
Income (loss) from operations
Nightclubs		$	10,579			$	9,172			$	30,293			$	27,844
Bombshells			692				905				2,131				2,150
Other			(130	)			(650	)			(693	)			(2,154	)
General corporate			(3,258	)			(2,770	)			(10,028	)			(7,916	)
		$	7,883			$	6,657			$	21,703			$	19,924
Depreciation and amortization
Nightclubs		$	1,344			$	1,274			$	3,811			$	3,836
Bombshells			202				237				643				700
Other			5				171				14				513
General corporate			159				143				468				419
		$	1,710			$	1,825			$	4,936			$	5,468
Capital expenditures
Nightclubs		$	1,199			$	110			$	3,618			$	12,616
Bombshells			1,164				119				3,882				263
Other			-				4				11				6
General corporate			1,005				3,782				1,537				4,691
		$	3,368			$	4,015			$	9,048			$	17,576
			June 30, 2017				September 30, 2016
Total assets
Nightclubs		$	275,252			$	244,464
Bombshells			10,940				8,673
Other			1,113				896
General corporate			15,361				22,455
		$	302,666			$	276,488

General corporate expenses include corporate salaries, health insurance and social security taxes for officers, legal, accounting and information technology employees, corporate taxes and insurance, legal and accounting fees, depreciation and other corporate costs such as automobile and travel costs. Management considers these to be non-allocable costs for segment purposes.

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- References

No definition available.

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- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

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