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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 30, 2017
Sep. 30, 2017
CURRENT ASSETS:    
Cash and cash equivalents (includes $153 at December 30, 2017 and $363 at September 30, 2017 related to VIEs) $ 153 $ 1,406
Accounts receivable (includes $344 at December 30, 2017 and $367 at September 30, 2017 related to VIEs) 3,369 3,353
Employee receivables 374 399
Inventories (includes $27 at December 30, 2017 and $22 at September 30, 2017 related to VIEs) 2,028 1,992
Prepaid and refundable income taxes (includes $228 at December 30, 2017 and $226 at September 30, 2017 related to VIEs) 833 945
Prepaid expenses and other current assets (includes $57 at December 30, 2017 and $63 at September 30, 2017 related to VIEs) 1,800 1,988
Total current assets 8,557 10,083
FIXED ASSETS - Net (includes $2 at December 30, 2017 and $6 at September 30, 2017 related to VIEs) 46,477 45,215
INTANGIBLE ASSETS - Net 385 409
GOODWILL 9,880 9,880
TRADEMARKS 3,331 3,331
DEFERRED INCOME TAXES 2,694 1,491
OTHER ASSETS (includes $71 at December 30, 2017 and September 30, 2017 related to VIEs) 2,679 2,679
TOTAL ASSETS 80,996 80,067
CURRENT LIABILITIES:    
Accounts payable - trade (includes $53 at December 30, 2017 and $116 at September 30, 2017 related to VIEs) 5,041 4,750
Accrued expenses and other current liabilities (includes $310 at December 30, 2017 and $260 at September 30, 2017 related to VIEs) 9,035 10,176
Dividend payable   857
Borrowings under credit facility 8,498 6,198
Current portion of notes payable 4,180 4,174
Total current liabilities 26,754 26,155
OPERATING LEASE DEFERRED CREDIT (includes $42 at December 30, 2017 and $51 at September 30, 2017 related to VIEs) 3,570 3,648
NOTES PAYABLE, LESS CURRENT PORTION, net of deferred financing costs 7,473 7,824
TOTAL LIABILITIES 37,797 37,627
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Common stock, par value $.01 per share - authorized, 10,000 shares; issued and outstanding, 3,436 shares at December 30, 2017 and 3,428 shares at September 30, 2017 34 34
Additional paid-in capital 12,799 12,639
Retained earnings 28,539 27,771
Total Ark Restaurants Corp. shareholders’ equity 41,372 40,444
NON-CONTROLLING INTERESTS 1,827 1,996
TOTAL EQUITY 43,199 42,440
TOTAL LIABILITIES AND EQUITY 80,996 80,067
New Meadowlands Racetrack LLC [Member]    
CURRENT ASSETS:    
INVESTMENT IN AND RECEIVABLE FROM NEW MEADOWLANDS RACETRACK $ 6,993 $ 6,979