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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Sales of alcoholic beverages $ 15,475 $ 14,333 $ 44,085 $ 43,511
Sales of food and merchandise 4,641 4,614 13,201 13,557
Service revenues 15,350 12,780 42,995 38,626
Other 1,963 2,225 5,405 6,129
Total revenues 37,429 33,952 105,686 101,823
Operating expenses        
Cost of goods sold 5,269 5,281 15,118 15,692
Salaries and wages 9,902 9,499 29,271 28,113
Selling, general and administrative 11,767 10,589 33,569 32,050
Depreciation and amortization 1,710 1,825 4,936 5,468
Other charges, net 898 101 1,089 576
Total operating expenses 29,546 27,295 83,983 81,899
Income from operations 7,883 6,657 21,703 19,924
Other income (expenses)        
Interest expense (2,205) (2,040) (6,132) (5,920)
Interest income 61 1 187 6
Income before income taxes 5,739 4,618 15,758 14,010
Income taxes 1,889 1,986 5,247 3,646
Net income 3,850 2,632 10,511 10,364
Net loss (income) attributable to noncontrolling interests (9) 21 (13) 346
Net income attributable to RCIHH common shareholders $ 3,841 $ 2,653 $ 10,498 $ 10,710
Earnings per share attributable to RCIHH common shareholders        
Basic $ 0.40 $ 0.27 $ 1.08 $ 1.06
Diluted $ 0.40 $ 0.27 $ 1.08 $ 1.06
Weighted average number of common shares outstanding        
Basic [1],[2] 9,719,000 9,906,000 9,735,000 10,071,000
Diluted [1],[2] 9,719,000 10,047,000 9,751,000 10,211,000
Dividends per share $ 0.03 $ 0.03 $ 0.09 $ 0.06
[1] All outstanding restricted stock, warrants and options were considered for the EPS computation. Potentially dilutive options and warrants of 121,180 for the three and nine months ended June 30, 2016 have been excluded from earnings per share due to their being anti-dilutive. No restricted stock or options were outstanding during the three and nine months ended June 30, 2017.
[2] As of June 30, 2017, the Company has no outstanding restricted stock, stock options, warrants or convertible debt.