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BUSINESS SEGMENTS
 12 Months Ended
Oct. 01, 2016
Segment Reporting [Abstract]  
BUSINESS SEGMENTS

NOTE 14. BUSINESS SEGMENTS

 

We operate principally in two reportable segments – package stores and restaurants. The operation of package stores consists of retail liquor sales and related items. Information concerning the revenues and operating income for our fiscal years ended 2016 and 2015, and identifiable assets for the two reportable segments in which we operate, are shown in the following table. Operating income is total revenue less cost of merchandise sold and operating expenses relative to each segment. In computing operating income, none of the following items have been included: interest expense, other non-operating income and expense and income taxes. Identifiable assets by segment are those assets that are used in our operations in each segment. Corporate assets are principally cash and real property, improvements, furniture, equipment and vehicles used at our corporate headquarters. We do not have any operations outside of the United States and transactions between restaurants and package liquor stores are not material.

 

Operating Revenues:  2016   2015 
Restaurants  $85,446,000   $81,502,000 
Package stores   15,661,000    15,166,000 
Other revenues   2,511,000    2,453,000 
Total operating revenues  $103,618,000   $99,121,000 
           
Income from Operations Reconciled to Income after
  Income Taxes and Net Income Attributable to
  Noncontrolling Interests		          
Restaurants  $9,468,000   $8,624,000 
Package stores   853,000    1,015,000 
    10,321,000    9,639,000 
Corporate expenses, net of other revenues   (3,520,000)   (2,238,000)
Income from Operations   6,801,000    7,401,000 
Interest expense   (557,000)   (610,000)
Interest and Other Income   92,000    102,000 
Income before provision for income taxes  $6,336,000   $6,893,000 
Provision for Income Taxes   (1,367,000)   (1,654,000)
Net Income   4,969,000    5,239,000 
Net Income Attributable to Noncontrolling Interests   (1,929,000)   (1,778,000)
Net Income Attributable to Flanigan’s Enterprises, Inc, Stockholders  $3,040,000   $3,461,000 
           
Identifiable Assets:          
Restaurants  $28,461,000   $29,478,000 
Package store   4,727,000    4,393,000 
    33,188,000    33,871,000 
Corporate   23,376,000    20,751,000 

Consolidated Totals  $56,564,000   $54,622,000 
Capital Expenditures          
Restaurants  $1,353,000   $3,453,000 
Package stores   328,000    246,000 
    1,681,000    3,699,000 
Corporate   1,743,000    429,000 
Total Capital Expenditures  $3,424,000   $4,128,000 
           
Depreciation and Amortization:          
Restaurants  $2,064,000   $1,975,000 
Package stores   205,000    205,000 
    2,269,000    2,180,000 
Corporate   416,000    493,000 
Total Depreciation and Amortization  $2,685,000   $2,673,000