INCOME PER SHARE OF COMMON STOCK

12 Months Ended

Oct. 01, 2016

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

14. INCOME PER SHARE OF COMMON STOCK

A reconciliation of the numerators and denominators of the basic and diluted per share computations for the fiscal years ended October 1, 2016 and October 3, 2015 follows:

	Net Income Attributable to Ark Restaurants Corp. (Numerator)		Shares (Denominator)		Per Share Amount
	(In thousands, except per share amounts)
Year ended October 1, 2016
Basic EPS	$	4,030		3,418	$	1.18
Stock options		-		89		(0.03	)
Diluted EPS	$	4,030	$	3,507	$	1.15
Year ended October 3, 2015
Basic EPS	$	5,390		3,393	$	1.59
Stock options		-		116		(0.05	)
Diluted EPS	$	5,390		3,509	$	1.54

For the year ended October 1, 2016, options to purchase 66,000 shares of common stock at a price of $12.04, options to purchase 160,800 shares of common stock at a price of $14.40 and options to purchase 201,808 shares of common stock at a price of $22.50 per were included in diluted earnings per share. Options to purchase 90,000 shares of common stock at a price of $32.15 per share were not included in diluted earnings per share as their impact would be anti-dilutive.

For the year ended October 3, 2015, options to purchase 66,000 shares of common stock at a price of $12.04, options to purchase 164,800 shares of common stock at a price of $14.40 and options to purchase 203,000 shares of common stock at a price of $22.50 per were included in diluted earnings per share. Options to purchase 90,000 shares of common stock at a price of $32.15 per share were not included in diluted earnings per share as their impact would be anti-dilutive.