<SEC-DOCUMENT>0000930413-16-007125.txt : 20160513
<SEC-HEADER>0000930413-16-007125.hdr.sgml : 20160513
<ACCEPTANCE-DATETIME>20160513163620
ACCESSION NUMBER:		0000930413-16-007125
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160512
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160513
DATE AS OF CHANGE:		20160513

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARK RESTAURANTS CORP
		CENTRAL INDEX KEY:			0000779544
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				133156768
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09453
		FILM NUMBER:		161648932

	BUSINESS ADDRESS:	
		STREET 1:		85 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10003-3019
		BUSINESS PHONE:		2122068800

	MAIL ADDRESS:	
		STREET 1:		85 FIFTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10003-3019
</SEC-HEADER>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, DC 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):<B>
May 12, 2016</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARK RESTAURANTS CORP.</B><BR>
(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%; text-align: center"><FONT STYLE="font-size: 12pt; color: black">New York</FONT></TD>
    <TD STYLE="width: 33%; text-align: center"><FONT STYLE="font-size: 12pt; color: black">1-09453</FONT></TD>
    <TD STYLE="width: 34%; text-align: center"><FONT STYLE="font-size: 12pt; color: black">13-3156768</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 12pt; color: black">(State or other jurisdiction</FONT><BR>
<FONT STYLE="font-size: 12pt; color: black">of incorporation)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 12pt; color: black">(Commission</FONT><BR>
<FONT STYLE="font-size: 12pt; color: black">File Number)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 12pt; color: black">(IRS Employer</FONT><BR>
<FONT STYLE="font-size: 12pt; color: black">Identification No.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>85 Fifth Avenue</B><BR>
<B>New York, New York 10003</B><BR>
(Address of principal executive offices, with zip code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s telephone number, including
area code:<B> (212) 206-8800</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="width: 5%"><FONT STYLE="font-size: 12pt; color: black"><FONT STYLE="font-family: Wingdings">o</FONT></FONT></TD>
    <TD STYLE="width: 95%"><FONT STYLE="font-size: 12pt; color: black">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 12pt; color: black"><FONT STYLE="font-family: Wingdings">o</FONT></FONT></TD>
    <TD><FONT STYLE="font-size: 12pt; color: black">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 12pt; color: black"><FONT STYLE="font-family: Wingdings">o</FONT></FONT></TD>
    <TD><FONT STYLE="font-size: 12pt; color: black">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 12pt; color: black"><FONT STYLE="font-family: Wingdings">o</FONT></FONT></TD>
    <TD><FONT STYLE="font-size: 12pt; color: black">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c)) </FONT></TD></TR>
</TABLE>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%"><B>Item&nbsp;2.02</B></TD>
    <TD STYLE="width: 90%"><B>Results of Operations and Financial Condition.</B></TD></TR>
</TABLE>


<P STYLE="margin: 0pt 0 0pt 18pt; font: 10pt Times New Roman, Times, Serif; text-indent: -18pt">&nbsp;</P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 18pt">On May 12, 2016, ARK
Restaurants Corp. (the &ldquo;Company&rdquo;) issued a press release announcing financial results for the second fiscal quarter
ended April 2, 2016. A copy of the press release titled &ldquo;Ark Restaurants Announces Financial Results for the Second Quarter
of 2016&rdquo; is attached hereto as Exhibit 99.1 and is incorporated herein by reference.</P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 18pt">&nbsp;</P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 18pt">The press release contains
certain non-GAAP Disclosures-Continuing Operations EBITDA-Earnings before interest, taxes, depreciation and amortization adjusted
for non-cash stock option expense and non-controlling interests. Although EBITDA is not a measure of performance or liquidity calculated
in accordance with generally accepted accounting principles (GAAP), the Company believes the use of this non-GAAP financial measure
enhances an overall understanding of the Company&rsquo;s past financial performance, as well as providing useful information to
the investor because of its historical use by the Company as both a performance measure and measure of liquidity, and the use of
EBITDA by virtually all companies in the restaurant sector as a measure of both performance and liquidity.</P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 18pt">&nbsp;</P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 18pt">This information is
intended to be furnished under this Item 2.02 of Form 8-K and shall not be deemed &ldquo;filed&rdquo; for purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;), or incorporated by reference in any filing
under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference
in such a filing.</P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 18pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; font-size: 10pt"><FONT STYLE="color: black"><B>Item 9.01.</B></FONT></TD>
    <TD STYLE="font-size: 10pt; width: 90%"><FONT STYLE="color: black"><B>Financial Statements and Exhibits.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="color: black">(d)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="color: black">Exhibits</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="color: black">99.1</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="color: black">Press Release, dated May 12, 2016.</FONT></TD></TR>
</TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="color: black"><B>ARK RESTAURANTS CORP.</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 58%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 37%">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="color: black">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1px solid; padding-left: 10pt"><FONT STYLE="color: black"> /s/ Michael Weinstein</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="color: black">Name: Michael Weinstein</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="color: black">Title: Chief Executive Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: May 13, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Ark Restaurants Announces Financial
Results for the</B><BR>
<B>Second Quarter of 2016</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">CONTACT:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Robert Stewart</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(212) 206-8800<BR>
<B>bstewart@arkrestaurants.com</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>NEW YORK, New York &#8211; May 12,
2016 --</B> Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the second quarter ended April 2, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Total revenues for the three-month period
ended April 2, 2016 were $34,272,000 versus $31,548,000 for the three months ended March 28, 2015. The three-month period ended
April 2, 2016 includes revenues related to Shuckers in Jensen Beach, FL which was acquired in October 2015 and the Southwest Porch
in Bryant Park, NY which was opened in July 2015, totaling $1,944,000. Last year&rsquo;s three-month period included revenues
of $952,000 related to two properties closed during or subsequent to the quarter due to lease expirations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Total revenues for the six-month period
ended April 2, 2016 were $70,381,000 versus $64,906,000 for the six months ended March 28, 2015. The six-month period ended April
2, 2016 includes incremental revenues related to the Rustic Inn in Jupiter, FL, which opened in February 2015, Shuckers in Jensen
Beach, FL, which was acquired in October 2015, and to Southwest Porch in Bryant Park, NY, which was opened on July 1, 2015, totaling
$4,425,000. Last year&rsquo;s six-month period included revenues of $2,029,000 related to four properties closed subsequent to
the quarter-end due to lease expirations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Company-wide same store sales increased
1.0% for the three-month period ended April 2, 2016 compared to the same three month period last year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&rsquo;s EBITDA, adjusted for
non-cash stock option expense and non-controlling interests, for the three-month period April 2, 2016 was $588,000 versus $490,000
during the same three-month period last year. Net loss for the three-month period ended April 2, 2016 was ($646,000), or ($0.19)
per basic share and diluted share, compared to a net loss of ($583,000), or ($0.17)<B> </B>per basic share and diluted share,
for the same three-month period last year. </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&rsquo;s EBITDA adjusted for
non-cash stock option expense and non-controlling interests for the six-month period ended April 2, 2016 was $2,370,000 versus
$2,821,000 during the same six-month period last year. Net loss for the six-month period ended April 2, 2016 was ($324,000), or
($0.09) per basic share and diluted share, as compared to net income of $140,000, or $0.04 per basic and diluted share, for the
same six-month period last year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The decrease of $451,000 in EBITDA, as
adjusted for non-cash stock option expense and non-controlling interests, for the six-month period ended April 2, 2016 as compared
to the same period of last year, resulted primarily from higher operating payrolls.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of April 2, 2016 the Company had cash
and cash equivalents totaling $5,924,000. The Company has notes payable outstanding, the proceeds of which were used to finance
the purchases of membership interests in Ark Hollywood/Tampa Investment, LLC, the purchase of The Rustic Inn in Dania Beach, Florida
and the purchase of Shuckers, with an outstanding balance of $9,188,000, net of the unamortized balance of deferred financing
costs in the amount of $110,000 at April 2, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Ark Restaurants owns and operates 22 restaurants
and bars, 19 fast food concepts and catering operations primarily in New York City, Florida, Washington, D.C. and Las Vegas, NV.
Six restaurants are located in New York City, three are located in Washington, D.C., five are located in Las Vegas, Nevada, three
are located in Atlantic City, New Jersey, one is located at the Foxwoods Resort Casino in Ledyard, Connecticut, one is located
in Boston, Massachusetts and three are located in Florida. The Las Vegas operations include four restaurants within the New York-New
York Hotel &amp; Casino Resort and operation of the hotel&rsquo;s room service, banquet facilities, employee dining room and six food
court concepts and one restaurant within the Planet Hollywood Resort and Casino. In Atlantic City, New Jersey, the Company operates
a restaurant and a bar in the Resorts Atlantic City Hotel and Casino and a restaurant in the Tropicana Hotel and Casino. The operations
at the Foxwoods Resort Casino include one fast food concept and one restaurant. In Boston, Massachusetts, the Company operates
a restaurant in the Faneuil Hall Marketplace. The Florida operations include two Rustic Inns, one in Dania Beach, Florida and
one in Jupiter, Florida, Shuckers in Jensen Beach, Florida and the operation of five fast food facilities in Tampa, Florida and
seven fast food facilities in Hollywood, Florida, each at a Hard Rock Hotel and Casino operated by the Seminole Indian Tribe at
these locations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Except for historical information, this
news release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These statements involve unknown risks, and uncertainties that may cause the Company&rsquo;s
actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that might
cause such differences are discussed in the Company&rsquo;s filings with the Securities and Exchange Commission. The Company disclaims
any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise. Actual results could differ materially from those anticipated in these forward-looking statements, if new
information becomes available in the future.</P>

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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">ARK RESTAURANTS CORP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Consolidated Statements of Income</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>For the 13 and 26-week periods ended April 2, 2016 and March
28, 2015</B></P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><U>(In Thousands, Except per share amounts)</U></P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 8pt Times New Roman, Times, Serif">
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    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">13 weeks ended</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">13 weeks ended</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">26 weeks ended</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">26 weeks ended</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">April 2,</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">March 28,</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">April 2,</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">March 28,</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif">2016</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif">2015</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif">2016</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif">2015</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="width: 40%; text-align: left; padding-bottom: 1px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">TOTAL REVENUES</TD><TD STYLE="width: 3%; padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">34,272</TD><TD STYLE="width: 1%; padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 3%; padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">31,548</TD><TD STYLE="width: 1%; padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 3%; padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">70,381</TD><TD STYLE="width: 1%; padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="width: 3%; padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="width: 10%; border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">64,906</TD><TD STYLE="width: 1%; padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">COST AND EXPENSES:</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Food and beverage cost of sales</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">9,191</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">9,171</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">18,783</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">17,918</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Payroll expenses</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">12,895</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">11,285</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">25,205</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">22,139</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Occupancy expenses</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">4,037</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">3,823</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">8,583</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">8,016</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Other operating costs and expenses</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">4,924</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">4,374</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">9,486</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">8,614</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">General and administrative expenses</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">2,712</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">2,431</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">6,040</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">5,431</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Depreciation and amortization</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">1,136</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">1,098</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">2,275</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">2,203</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 20pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Total costs and expenses</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">34,895</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">32,182</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">70,372</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">64,321</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">OPERATING INCOME (LOSS)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(623</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(634</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">9</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">585</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">OTHER (INCOME) EXPENSE:</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Interest (income) expense, net</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">98</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">45</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">177</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">102</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Other (income) expense, net</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(160</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(64</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(222</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(121</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 20pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Total other income, net</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(62</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(19</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(45</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(19</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(561</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(615</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">54</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">604</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Provision (benefit) for income taxes</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(103</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(173</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">35</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">168</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">CONSOLIDATED NET INCOME (LOSS)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(458</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(442</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">19</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">436</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Net income attributable to non-controlling interests</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(188</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(141</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(343</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">(296</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 3px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">NET INCOME (LOSS) ATTRIBUTABLE TO ARK RESTAURANTS CORP.</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(646</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(583</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(324</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">140</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">NET INCOME (LOSS) PER ARK RESTAURANTS CORP. COMMON SHARE:</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 3px; padding-left: 30pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Basic</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(0.19</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(0.17</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(0.09</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">0.04</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 3px; padding-left: 30pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Diluted</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(0.19</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(0.17</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">(0.09</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">0.04</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 3px; padding-left: 30pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Basic</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">3,418</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">3,382</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">3,418</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">3,380</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 3px; padding-left: 30pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Diluted</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">3,418</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">3,382</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">3,418</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">3,490</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">EBITDA Reconciliation:</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Pre tax income (loss)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(561</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(615</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">54</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">604</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 20pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Depreciation and amortization</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">1,136</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">1,098</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">2,275</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">2,203</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 20pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Interest expense, net</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">98</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">45</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">177</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">102</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 3px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">EBITDA (a)</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">673</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">528</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">2,506</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">2,909</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">EBITDA adjusted for non-cash stock option expense, and
    non-controlling interests:</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 30pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">EBITDA (as defined) (a)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">673</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">528</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">2,506</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">$</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">2,909</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-left: 30pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Net (income) loss attributable to non-controlling interests</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(188</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(141</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(343</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD><TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="text-align: right; font: 8pt Times New Roman, Times, Serif">(296</TD><TD STYLE="text-align: left; font: 8pt Times New Roman, Times, Serif">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(229,255,255); font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-bottom: 1px; padding-left: 30pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">Non-cash stock option expense</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">103</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">103</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">207</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 1px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1px solid; font: 8pt Times New Roman, Times, Serif; text-align: right">208</TD><TD STYLE="padding-bottom: 1px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="padding-bottom: 3px; padding-left: 10pt; text-indent: -10pt; font: 8pt Times New Roman, Times, Serif">EBITDA, as adjusted</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">588</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">490</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">2,370</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="padding-bottom: 3px; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 3px double; font: 8pt Times New Roman, Times, Serif; text-align: right">2,821</TD><TD STYLE="padding-bottom: 3px; text-align: left; font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>


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<TR STYLE="vertical-align: top; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 8pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Times New Roman, Times, Serif">
    <TD STYLE="width: 4%; font: 8pt Times New Roman, Times, Serif">(a)</TD>
    <TD STYLE="width: 96%; font: 8pt Times New Roman, Times, Serif">EBITDA is defined as earnings before interest, taxes, depreciation
    and amortization and cumulative effect of changes in accounting principle.&nbsp;&nbsp;Although EBITDA is not a measure of
    performance or liquidity calculated in accordance with generally accepted accounting principles (GAAP), the Company believes
    the use of this non-GAAP financial measure enhances an overall understanding of the Company&rsquo;s past financial performance as
    well as providing useful information to the investor because of its historical use by the Company as both a performance measure
    and measure of liquidity, and the use of EBITDA by virtually all companies in the restaurant sector as a measure of both performance
    and liquidity.&nbsp;&nbsp;However, investors should not consider this measure in isolation or as a substitute for net income
    (loss), operating income (loss), cash flows from operating activities or any other measure for determining the Company&rsquo;s operating
    performance or liquidity that is calculated in accordance with GAAP, it may not necessarily be comparable to similarly titled
    measures employed by other companies.&nbsp;&nbsp;A reconciliation of EBITDA to the most comparable GAAP financial measure,
    pre-tax income, is included above.</TD></TR>
</TABLE>

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