XML 49 R37.htm IDEA: XBRL DOCUMENT
v3.24.4

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Sep. 28, 2024
Income Tax Disclosure [Abstract] |
Schedule of Benefit for Income Taxes | The benefit for income taxes consists of the following:
| Year Ended
| September 28, 2024 |  | September 30, 2023
| (in thousands)
Current provision (benefit): |  |  |
Federal | $ | 85 |  |  | $ | 319 |
State and local | 161 |  |  | 237 |
| 246 |  |  | 556 |
Deferred provision (benefit): |  |  |
Federal | (617) |  |  | (237) |
State and local | (444) |  |  | (383) |
| (1,061) |  |  | (620) |
| $ | (815) |  |  | $ | (64) |
Schedule of Effective Tax Rate Reconciliation | The effective tax rate differs from the U.S. income tax rate as follows:
| Year Ended
| September 28, 2024 |  | September 30, 2023
| (in thousands)
Provision at federal statutory rate (21%) | $ | (958) |  |  | $ | (1,139) |
State and local income taxes, net of tax benefits | 231 |  |  | (241) |
Goodwill impairment | — |  |  | 419 |
Gain on forgiveness of PPP Loans | (60) |  |  | (57) |
Tax credits | (943) |  |  | (961) |
Loss attributable to non-controlling interest | (32) |  |  | (120) |
Changes in tax rates | 5 |  |  | 49 |
Change in valuation allowance | 963 |  |  | 1,866 |
Other | (21) |  |  | 120 |
| $ | (815) |  |  | $ | (64) |
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities are as follows:
| September 28, 2024 |  | September 30, 2023
| (in thousands)
Deferred tax assets: |  |  |
State net operating loss carryforwards | $ | 4,670 |  |  | $ | 5,170 |
Lease liabilities | 20,349 |  |  | 22,072 |
Deferred compensation | 257 |  |  | 376 |
Tax credits | 3,376 |  |  | 2,483 |
Other | 392 |  |  | 511 |
Deferred tax assets, before valuation allowance | 29,044 |  |  | 30,612 |
Valuation allowance | (4,236) |  |  | (3,273) |
Deferred tax assets, net of valuation allowance | 24,808 |  |  | 27,339 |
Deferred tax liabilities: |  |  |
Depreciation and amortization | (19,636) |  |  | (23,065) |
Partnership investments | — |  |  | (188) |
Prepaid expenses | (373) |  |  | (348) |
Deferred tax liabilities | (20,009) |  |  | (23,601) |
Net deferred tax assets | $ | 4,799 |  |  | $ | 3,738 |
Schedule of Reconciliation of Unrecognized Tax Benefits | A reconciliation of the beginning and ending amounts of unrecognized tax benefits excluding interest and penalties is as follows:
| September 28, 2024 |  | September 30, 2023
| (in thousands)
Balance at beginning of year | $ | 185 |  |  | $ | 159 |
Additions based on tax positions taken in current and prior years | 25 |  |  | 26 |
Decreases based on tax positions taken in prior years | — |  |  | — |
Balance at end of year | $ | 210 |  |  | $ | 185 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration