INCOME PER SHARE OF COMMON STOCK

12 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

13. 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 September 30, 2017 and October 1, 2016 follows:

	Net Income Attributable to Ark Restaurants Corp. (Numerator)		Shares (Denominator)		Per Share Amount
	(In thousands, except per share amounts)
Year ended September 30, 2017
Basic EPS	$	4,039		3,424	$	1.18
Stock options		—		107		(0.04	)
Diluted EPS	$	4,039	$	3,531	$	1.14
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

For the year ended September 30, 2017, options to purchase 66,000 shares of common stock at a price of $12.04, options to purchase 156,300 shares of common stock at a price of $14.40 and options to purchase 199,500 shares of common stock at a price of $22.50 per were included in diluted earnings per share.

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.