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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2017
Oct. 01, 2016
CURRENT ASSETS:    
Cash and cash equivalents (includes $103 at April 1, 2017 and $889 at October 1, 2016 related to VIEs) $ 815 $ 7,239
Accounts receivable (includes $848 at April 1, 2017 and $429 at October 1, 2016 related to VIEs) 3,918 3,750
Employee receivables 397 453
Inventories (includes $17 at April 1, 2017 and $23 at October 1, 2016 related to VIEs) 2,487 1,892
Prepaid expenses and other current assets (includes $227 at April 1, 2017 and $228 at October 1, 2016 related to VIEs) 2,836 2,662
Total current assets 10,453 15,996
FIXED ASSETS - Net (includes $13 at April 1, 2017 and $22 at October 1, 2016 related to VIEs) 37,825 29,546
INTANGIBLE ASSETS - Net 428 526
GOODWILL 9,880 7,895
TRADEMARKS 3,331 1,611
DEFERRED INCOME TAXES 2,990 3,416
OTHER ASSETS (includes $71 at April 1, 2017 and October 1, 2016 related to VIEs) 2,314 2,564
TOTAL ASSETS 74,172 68,255
CURRENT LIABILITIES:    
Accounts payable - trade (includes $401 at April 1, 2017 and $114 at October 1, 2016 related to VIEs) 3,995 2,876
Accrued expenses and other current liabilities (includes $339 at April 1, 2017 and $238 at October 1, 2016 related to VIEs) 9,727 10,555
Accrued income taxes 1,132 606
Current portion of notes payable 4,216 2,617
Total current liabilities 19,070 16,654
OPERATING LEASE DEFERRED CREDIT (includes $62 at April 1, 2017 and $73 at October 1, 2016 related to VIEs) 3,565 3,576
NOTES PAYABLE, LESS CURRENT PORTION, net of deferred financing costs 10,020 5,321
TOTAL LIABILITIES 32,655 25,551
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Common stock, par value $.01 per share - authorized, 10,000 shares; issued and outstanding, 3,426 shares at April 1, 2017 and 3,423 shares at October 1, 2016 34 34
Additional paid-in capital 12,588 12,942
Retained earnings 26,787 27,158
Total Ark Restaurants Corp. shareholders’ equity 39,409 40,134
NON-CONTROLLING INTERESTS 2,108 2,570
TOTAL EQUITY 41,517 42,704
TOTAL LIABILITIES AND EQUITY 74,172 68,255
New Meadowlands Racetrack LLC [Member]    
CURRENT ASSETS:    
INVESTMENT IN AND RECEIVABLE FROM NEW MEADOWLANDS RACETRACK $ 6,951 $ 6,701