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Segment Information

6 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Segment Information

9. 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 divisions and rental income 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 Six Months
		Ended March 31,								Ended March 31,
		2018				2017				2018				2017
Revenues
Nightclubs		$	35,443			$	29,967			$	70,661			$	59,249
Bombshells			5,602				4,375				11,430				8,670
Other			181				176				347				338
		$	41,226			$	34,518			$	82,438			$	68,257
Income (loss) from operations
Nightclubs		$	11,880			$	10,498			$	25,251			$	19,714
Bombshells			965				801				1,856				1,439
Other			(82	)			(222	)			(219	)			(563	)
General corporate			(4,532	)			(3,590	)			(9,517	)			(6,770	)
		$	8,231			$	7,487			$	17,371			$	13,820
Depreciation and amortization
Nightclubs		$	1,334			$	1,225			$	2,669			$	2,467
Bombshells			341				223				677				441
Other			(29	)			4				(27	)			9
General corporate			253				156				489				309
		$	1,899			$	1,608			$	3,808			$	3,226
Capital expenditures
Nightclubs		$	847			$	545			$	1,297			$	1,340
Bombshells			5,272				1,614				7,500				2,718
Other			4				10				4				11
General corporate			119				503				210				1,611
		$	6,242			$	2,672			$	9,011			$	5,680

		March 31, 2018				September 30, 2017
Total assets
Nightclubs		$	250,406			$	254,432
Bombshells			32,461				18,870
Other			1,054				780
General corporate			27,417				25,802
		$	311,338			$	299,884

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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