FIXED ASSETS

12 Months Ended

Sep. 28, 2019

Property, Plant and Equipment [Abstract]

Fixed assets consist of the following:


	September 28, 2019		September 29, 2018
	(in thousands)
Land and building	$	18,029	$	18,029
Leasehold improvements	53,570		53,310
Furniture, fixtures and equipment	38,207		37,910
Construction in progress	—		59
	109,806		109,308
Less: accumulated depreciation and amortization	62,025		64,044
Fixed Assets - Net	$	47,781	$	45,264

Depreciation and amortization expense related to fixed assets for the years ended September 28, 2019 and September 29, 2018 was $5,056,000 and $5,014,000, respectively.

Management continually evaluates unfavorable cash flows, if any, related to underperforming restaurants. Periodically it is concluded that certain properties have become impaired based on their existing and anticipated future economic outlook in their respective markets. In such instances, we may impair assets to reduce their carrying values to fair values. Estimated fair values of impaired properties are based on comparable valuations, cash flows and/or management judgment. As a result of the underperformance and increased competition at Clyde Frazier's Wine and Dine, the Company has recorded an impairment charge of $2,857,000 in fiscal 2019 related to this property.