Reportable Segments (Tables)

4 Months Ended

Dec. 16, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The tables below show segment financial information under the going concern basis of accounting. The table also lists total assets for each reportable segment. Corporate assets include cash and cash equivalents, restricted cash, property and equipment, assets related to discontinued operations, property held for sale, deferred tax assets, and prepaid expenses.

	Period Ended November 18, 2020		Quarter Ended December 18, 2019
	(12 weeks)		(16 weeks)
	(In thousands)
Sales:
Luby's cafeterias	$	31,949	$	67,144
Fuddruckers restaurants	4,550		15,679
Cheeseburger in Paradise restaurants	—		845
Culinary contract services	4,918		9,774
Fuddruckers franchise operations	530		1,707
Total	$	41,947	$	95,149
Segment level profit:
Luby's cafeterias	$	4,896	$	7,909
Fuddruckers restaurants	(412)		(33)
Cheeseburger in Paradise restaurants	(85)		(67)
Culinary contract services	451		826
Fuddruckers franchise operations	236		1,141
Total	$	5,086	$	9,776
Depreciation and amortization:
Luby's cafeterias	$	1,530	$	2,451
Fuddruckers restaurants	167		550
Cheeseburger in Paradise restaurants	—		28
Culinary contract services	8		10
Fuddruckers franchise operations	1		236
Corporate	436		487
Total	$	2,142	$	3,762
Capital expenditures:
Luby's cafeterias	$	416	$	587
Fuddruckers restaurants	17		55
Cheeseburger in Paradise restaurants	—		1
Fuddruckers franchise operations	—		7
Corporate	—		44
Total	$	433	$	694

	Period Ended November 18, 2020		Quarter Ended December 18, 2019
	(12 weeks)		(16 weeks)
	(In thousands)
Loss before income taxes and discontinued operations:
Segment level profit	$	5,086	$	9,776
Opening costs	—		(12)
Depreciation and amortization	(2,142)		(3,762)
Selling, general and administrative expenses	(4,267)		(10,158)
Other charges	(416)		(1,238)
Net provision for asset impairments and restaurant closings	85		(1,110)
Net loss on disposition of property and equipment	(117)		(30)
Interest income	8		23
Interest expense	(1,212)		(1,962)
Other income, net	30		240
Total	$	(2,945)	$	(8,233)

Reconciliation of Assets from Segment to Consolidated

	August 26, 2020
	(in thousands)
Total assets:
Luby's cafeterias	$	90,349
Fuddruckers restaurants (1)	26,502
Cheeseburger in Paradise restaurants (2)	164
Culinary contract services	4,744
Fuddruckers franchise operations (3)	8,973
Corporate	46,671
Total	$	177,403

(1) Includes Fuddruckers trade name intangible of $6.9 million at August 26, 2020.

(2) Includes Cheeseburger in Paradise liquor licenses, and Jimmy Buffett intangibles of $34 thousand at August 26, 2020.

(3) Fuddruckers franchise operations segment includes royalty intangibles of $8.4 million at August 26, 2020.