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Quarterly Results of Operations (Unaudited)

12 Months Ended

Sep. 30, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

15. Quarterly Results of Operations (Unaudited)

The following tables summarize unaudited quarterly data for fiscal 2017, 2016 and 2015 (in thousands, except per share data):

	For the Three Months Ended
	December 31, 2016		March 31, 2017		June 30, 2017		September 30, 2017(4)
Revenues	$	33,739	$	34,518	$	37,429	$	39,210
Income from operations(1)	$	6,333	$	7,487	$	7,883	$	1,436
Net income (loss) attributable to RCIHH shareholders(1)	$	2,898	$	3,759	$	3,841	$	(2,239	)
Earnings (loss) per share attributable to RCIHH shareholders
Basic	$	0.30	$	0.39	$	0.40	$	(0.23	)
Diluted	$	0.30	$	0.39	$	0.40	$	(0.23	)
Weighted average number of common shares outstanding
Basic		9,768		9,719		9,719		9,719
Diluted		9,814		9,721		9,719		9,719

	For the Three Months Ended
	December 31, 2015		March 31, 2016		June 30, 2016		September 30, 2016
Revenues	$	33,475	$	34,396	$	33,952	$	33,037
Income from operations(2)	$	5,717	$	7,550	$	6,657	$	769
Net income attributable to RCIHH shareholders(2)	$	2,552	$	5,505	$	2,653	$	508
Earnings per share attributable to RCIHH shareholders
Basic	$	0.25	$	0.55	$	0.27	$	0.05
Diluted	$	0.25	$	0.54	$	0.27	$	0.05
Weighted average number of common shares outstanding
Basic		10,296		10,013		9,906		9,839
Diluted		10,635		10,215		10,047		9,840

	For the Three Months Ended
	December 31, 2014		March 31, 2015			June 30, 2015		September 30, 2015
Revenues	$	34,204	$	34,989		$	33,466	$	32,790
Income (loss) from operations(3)	$	6,140	$	(2,616	)	$	14,152	$	3,051
Net income (loss) attributable to RCIHH shareholders(3)	$	3,360	$	(2,841	)	$	8,267	$	428
Earnings (loss) per share attributable to RCIHH shareholders
Basic	$	0.33	$	(0.28	)	$	0.81	$	0.04
Diluted	$	0.32	$	(0.28	)	$	0.78	$	0.04
Weighted average number of common shares outstanding
Basic		10,264		10,275			10,245		10,363
Diluted		10,929		10,275			10,707		10,363

	(1)	Fiscal year 2017 income from operations and net income attributable to RCIHH shareholders included $7.6 million in asset impairment ($1.4 million in the third quarter and $6.2 in the fourth quarter) and $1.3 million additional income tax expense due to change in deferred tax liability rate in the fourth quarter. Quarterly effective income tax expense rate was 33.3%, 33.7%, 32.9% and 99.6% from first to fourth quarter, respectively.

	(2)	Fiscal year 2016 income from operations and net income attributable to RCIHH shareholders included $3.5 million in asset impairment in the fourth quarter; and $1.9 million in settlement of lawsuits (significant of which were $540,000 in the first quarter and $1.1 million in the fourth quarter). Quarterly effective income tax expense (benefit) rate was 35.9%, 5.2%, 43.0% and (109.0%) from first to fourth quarter, respectively.

	(3)	Fiscal year 2015 income (loss) from operations and net income (loss) attributable to RCIHH shareholders included $1.7 million in asset impairments ($1.4 million in the first quarter and $347,000 in the fourth quarter; $11.7 million in settlement of lawsuits (significant of which were $10.3 million in the second quarter and $1.1 million in the fourth quarter; and $8.2 million in gain on settlement of patron tax in the third quarter. Quarterly effective income tax expense (benefit) rate was 36.1%, (28.9%), 35.5% and 11.9% from first to fourth quarter, respectively.

	(4)	The fourth quarter of 2016 and 2015 presented above includes the impact of the revisions discussed in Note 3.