XML 89 R26.htm IDEA: XBRL DOCUMENT

Note 1 - Nature of Operations and Significant Accounting Policies (Tables)

12 Months Ended

Aug. 27, 2014

Consolidated Balance Sheet [Member]

Note 1 - Nature of Operations and Significant Accounting Policies (Tables) [Line Items]

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

	Balance Sheet August 28, 2013 (In thousands)
	As Reported			Reclassifications¹			Adjustments			Revised
ASSETS
Current Assets:
Cash and cash equivalents	$	1,528		$	-		$	-		$	1,528
Trade accounts and other receivables, net		4,083			-			-			4,083
Food and supply inventories		5,026			(118	)		-			4,908
Prepaid expenses		3,183			(57	)		141			3,267
Assets related to discontinued operations		21			175			-			196
Deferred income taxes		1,436			-			199			1,635
Total current assets		15,277			-			340			15,617
Property held for sale		449			-			-			449
Assets related to discontinued operations		4,189			29			-			4,218
Property and equipment, net		190,519			(22	)		-			190,497
Intangible assets, net		25,517			-			-			25,517
Goodwill		2,169			-			-			2,169
Deferred income taxes		7,923			-			-			7,923
Other assets		4,262			(7	)		-			4,255
Total assets	$	250,305		$	-		$	340		$	250,645
LIABILITIES AND SHAREHOLDER EQUITY
Current Liabilities:
Accounts payable	$	23,655		$	-		$	-		$	23,655
Liabilities related to discontinued operations		440			87			-			527
Accrued expenses and other liabilities		21,178			(87	)		726			21,817
Total current liabilities		45,273			-			726			45,999
Credit facility debt		19,200			-			-			19,200
Liabilities related to discontinued operations		304			144			-			448
Other liabilities		8,010			(145	)		-			7,865
Total liabilities		72,787			(1	)		726			73,512
SHAREHOLDER'S EQUITY
Common Stock		9,217			-			-			9,217
Paid-in capital		26,065			-			-			26,065
Retained earnings		147,011			1			(386	)		146,626
Less cost of treasury stock		(4,775	)		-			-			(4,775	)
Total shareholders' equity		177,518			1			(386	)		177,133
Total liabilities and shareholders' equity	$	250,305		$	-		$	340		$	250,645

	Balance Sheet August 29, 2012 (In thousands)
	As Reported			Reclassifications⁽¹⁾			Adjustments			Revised
ASSETS
Current Assets:
Cash and cash equivalents	$	1,223		$	-		$	-		$	1,223
Trade accounts and other receivables, net		4,000			-			-			4,000
Food and supply inventories		3,561			-			-			3,561
Prepaid expenses		3,010			11			(262	)		2,759
Assets related to discontinued operations		40			(11	)		-			29
Deferred income taxes		1,932			-			135			2,067
Total current assets		13,766			-			(127	)		13,639
Property held for sale		602			-			-			602
Assets related to discontinued operations		4,824			20			-			4,844
Property and equipment, net		173,653			(20	)		-			173,633
Intangible assets, net		26,679			-			-			26,679
Goodwill		195			-			-			195
Deferred income taxes		9,354			-			-			9,354
Other assets		1,944			-			-			1,944
Total assets	$	231,017		$	-		$	(127	)	$	230,890
LIABILITIES AND SHAREHOLDER EQUITY
Current Liabilities:
Accounts payable	$	14,849		$	1		$	-		$	14,850
Liabilities related to discontinued operations		411			2			-			413
Accrued expenses and other liabilities		20,677			(2	)		135			20,810
Total current liabilities		35,937			1			135			36,073
Credit facility debt		13,000			-			-			13,000
Liabilities related to discontinued operations		1,133			(78	)		-			1,055
Other liabilities ⁽¹⁾		8,288			77			-			8,364
Total liabilities ⁽¹⁾		58,358		$	-			135			58,492
SHAREHOLDER'S EQUITY
Common Stock		9,176			-			-			9,176
Paid-in capital		24,532			-			-			24,532
Retained earnings ⁽¹⁾		143,726			-			(262	)		143,465
Less cost of treasury stock		(4,775	)		-			-			(4,775	)
Total shareholders' equity		172,659			-			(262	)		172,398
Total liabilities and shareholders' equity	$	231,017		$	-		$	(127	)	$	230,890

Statement of Operations [Member]

Note 1 - Nature of Operations and Significant Accounting Policies (Tables) [Line Items]

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

	Fiscal Year Ended August 28, 2013 (In thousands)
	As Reported		Reclassifications⁽¹⁾			Adjustments			Revised

Restaurant sales	$	366,155	$	(6,154	)	$	—		$	360,001
Cost of food		104,993		(1,923	)		—			103,070
Payroll and related costs		126,306		(2,500	)		58			123,864
Other operating expenses		66,382		(1,497	)		33			64,918
Occupancy costs		21,537		(525	)		—			21,012
General and administrative expenses		32,121		3			93			32,217
Provision for income taxes		1,839		—			(64	)		1,775
Income from continuing operations		4,222		445			(120	)		4,547

	Fiscal Year Ended August 29, 2012 (In thousands)
	As Reported		Reclassifications⁽¹⁾			Adjustments			Revised
Restaurant sales	$	324,536	$	-		$	-		$	324,536
Cost of foods		90,416		-			-			90,416
Payroll and related costs		110,161		2,095			23			112,279
Other operating expenses		74,084		(20,078	)		1			54,007
Occupancy costs		-		18,097			-			18,097
General and administrative expenses		30,678		-			130			30,808
Provision (benefit) for income taxes		1,706		-			(52	)		1,654
Income (loss) from continuing operations		7,558		(58	)		(102	)		7,398

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

+ References+ Details