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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 01, 2011
Oct. 02, 2010
ASSETS    
Cash and cash equivalents (includes $852 at October 1, 2011 related to VIEs) $ 7,780 $ 2,011
Short-term investments in available-for-sale securities 2,699 7,438
Accounts receivable (includes $1,423 at October 1, 2011 related to VIEs) 3,678 2,048
Related party receivables, net   1,044
Employee receivables 288 290
Current portion of note receivable   102
Inventories (includes $23 at October 1, 2011 related to VIEs) 1,612 1,652
Prepaid expenses and other current assets (includes $253 at October 1, 2011 related to VIEs) 656 797
Total current assets 16,713 15,382
FIXED ASSETS - Net (includes $3,660 at October 1, 2011 related to VIEs) 23,239 24,113
INTANGIBLE ASSETS - Net 629 37
GOODWILL 4,813 4,813
TRADEMARKS 721 721
DEFERRED INCOME TAXES 7,253 6,149
OTHER ASSETS (includes $71 at October 1, 2011 related to VIEs) 893 416
TOTAL ASSETS 54,261 51,631
LIABILITIES AND EQUITY    
Accounts payable - trade (includes $565 at October 1, 2011 related to VIEs) 2,522 2,423
Accrued expenses and other current liabilities (includes $2,076 at October 1, 2011 related VIEs) 9,645 7,548
Accrued income taxes 388 290
Current portion of note payable 78 224
Total current liabilities 12,633 10,485
OPERATING LEASE DEFERRED CREDIT 3,442 3,628
NOTE PAYABLE, LESS CURRENT PORTION   78
TOTAL LIABILITIES 16,075 14,191
COMMITMENTS AND CONTINGENCIES      
SHAREHOLDERS’ EQUITY:    
Common stock, par value $.01 per share - authorized, 10,000 shares; issued, 5,672 shares and 5,668 shares at October 1, 2011 and October 2, 2010, respectively; outstanding, 3,495 shares and 3,491 shares at October 1, 2011 and October 2, 2010, respectively 57 57
Additional paid-in capital 23,291 23,050
Accumulated other comprehensive income 3 8
Retained earnings 20,128 22,554
43,479 45,669
Less stock option receivable (29) (29)
Less treasury stock, at cost, of 2,177 shares at October 1, 2011 and October 2, 2010 (10,095) (10,095)
Total Ark Restaurants Corp. shareholders’ equity 33,355 35,545
NON-CONTROLLING INTERESTS 4,831 1,895
TOTAL EQUITY 38,186 37,440
TOTAL LIABILITIES AND EQUITY $ 54,261 $ 51,631