XML 32 R21.htm IDEA: XBRL DOCUMENT v3.25.0.1

BUSINESS SEGMENTS (Tables)

3 Months Ended

Dec. 28, 2024

Business Segments [Abstract]

Schedule of Business Segments

Information concerning the revenues and operating income for the quarters ended December 28, 2024 and December 30, 2023, and identifiable assets for the two reportable segments in which we operate, are shown in the following tables.

		Restaurant				Package				Corporate				Eliminations				Total
REVENUES:
Restaurant food sales		$	29,126			$	—			$	—			$	—			$	29,126
Intersegment revenues			1,012				—				—				(1,012	)			—
Restaurant bar sales			7,962				—				—				—				7,962
Package goods sales			—				12,435				—				—				12,435
TOTAL REVENUE:			38,100				12,435				—				(1,012	)			49,523
COST OF MERCHANDISE SOLD:
Cost of merchandise sold:			13,029				9,481				—				—				22,510
Intersegment cost of merchandise sold			1,012				—				—				(1,012	)			—
TOTAL COST OF MERCHANDISE SOLD:			14,041				9,481				—				(1,012	)			22,510
GROSS PROFIT:			24,059				2,954				—				—				27,013
ADDITIONAL REVENUES:
Franchise-related revenues			—				—				431				—				431
Intersegment franchise-related revenues			—				—				1,441				(1,441	)			—
Rental income			—				—				267				—				267
Intersegment rental income			—				—				214				(214	)			—
Intersegment partnership income			—				—				249				(249	)			—
Other revenues			32				—				9				—				41
TOTAL ADDITIONAL REVENUES:			32				—				2,611				(1,904	)			739
ADDITIONAL EXPENSES:
Payroll and related costs			13,122				902				1,722				—				15,746
Operating expenses			5,387				721				446				—				6,554
Intersegment operating expenses			614				—				755				(1,369	)			—
Occupancy costs			1,593				214				147				—				1,954
Intersegment occupancy costs			166				48				—				(214	)			—
Selling, general and administrative expenses			484				36				974				—				1,494
Intersegment selling, general and administrative expenses			—				—				72				(72	)			—
Depreciation and amortization			880				125				141				—				1,146
TOTAL ADDITIONAL EXPENSES:			22,246				2,046				4,257				(1,655	)			26,894
Income from Operations			1,845				908				(1,646	)			(249	)			858
OTHER INCOME (EXPENSE):
Interest expense			—				—				(250	)			—				(250	)
Intersegment interest expense			—				—				(2	)			2				—
Interest and other income			4				16				39				—				59
Intersegment interest and other income			—				—				2				(2	)			—
Gain on sale of property and equipment			—				—				—				—				—
			4				16				(211	)			—				(191	)
Income (loss) before provision for income taxes:			1,849				924				(1,857	)			(249	)			667
Provision for income taxes			—				—				(35	)			—				(35	)
Net Income			1,849				924				(1,892	)			(249	)			632
Less: Net Income attributable to noncontrolling interests			(577	)			—				—				—				(577	)
Net Income Attributable to Flanigan's Enterprises, Inc.		$	1,272			$	924			$	(1,892	)		$	(249	)		$	55

		Restaurant				Package				Corporate				Eliminations				Total
REVENUES:
Restaurant food sales		$	26,355			$	—			$	—			$	—			$	26,355
Intersegment revenues			957				—				—				(957	)			—
Restaurant bar sales			7,463				—				—				—				7,463
Package goods sales			—				10,602				—				—				10,602
TOTAL REVENUE:			34,775				10,602				—				(957	)			44,420
COST OF MERCHANDISE SOLD:
Cost of merchandise sold:			11,831				7,880				—				—				19,711
Intersegment cost of merchandise sold			957				—				—				(957	)			—
TOTAL COST OF MERCHANDISE SOLD:			12,788				7,880				—				(957	)			19,711
GROSS PROFIT:			21,987				2,722				—				—				24,709
ADDITIONAL REVENUES:
Franchise-related revenues			—				—				418				—				418
Intersegment franchise-related revenues			—				—				1,559				(1,559	)			—
Rental income			—				—				253				—				253
Intersegment rental income			—				—				208				(208	)			—
Intersegment partnership income			—				—				232				(232	)			—
Other revenues			41				—				8				—				49
TOTAL ADDITIONAL REVENUES:			41				—				2,678				(1,999	)			720
ADDITIONAL EXPENSES:
Payroll and related costs			11,932				843				1,610				—				14,385
Intersegment payroll costs			—				(6	)			—				6				—
Operating expenses			4,885				630				398				—				5,913
Intersegment operating expenses			603				—				895				(1,498	)			—
Occupancy costs			1,727				280				157				—				2,164
Intersegment occupancy costs			165				43				—				(208	)			—
Selling, general and administrative expenses			208				50				935				—				1,193
Intersegment selling, general and administrative expenses			—				—				72				(72	)			—
Depreciation and amortization			723				127				131				—				981
TOTAL ADDITIONAL EXPENSES:			20,243				1,967				4,198				(1,772	)			24,636
Income from Operations			1,785				755				(1,520	)			(227	)			793
OTHER INCOME (EXPENSE):
Interest expense			—				—				(262	)			—				(262	)
Intersegment interest expense			—				—				(2	)			2				—
Interest and other income			9				18				18				—				45
Intersegment interest and other income			—				5				2				(7	)			—
			9				23				(244	)			(5	)			(217	)
Income (loss) before provision for income taxes:			1,794				778				(1,764	)			(232	)			576
Benefit for income taxes			—				—				18				—				18
Net Income			1,794				778				(1,746	)			(232	)			594
Less: Net Income attributable to noncontrolling interests			(485	)			—				—				—				(485	)
Net Income Attributable to Flanigan's Enterprises, Inc.		$	1,309			$	778			$	(1,746	)		$	(232	)		$	109

		(in thousands)
		Thirteen Weeks Ended
		December 28,				December 30,
		2024				2023
Capital Expenditures:
Restaurants		$	519			$	1,144
Package stores			122				47
Corporate			104				187
Consolidated Totals		$	745			$	1,378

		(in thousands)
		December 28,				September 28,
		2024				2024
Identifiable Assets:
Restaurants		$	75,840			$	77,613
Package stores			23,435				23,084
Corporate			47,601				41,385
Consolidated Totals		$	146,876			$	142,082

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration