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Stockholders' Equity (Tables)
12 Months Ended
Sep. 24, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants

In addition to the exercise and grant date prices of the stock option awards, certain weighted average assumptions that were used to estimate the fair value of stock option grants are listed in the following table:

 

    Incentive and Non-Statutory Stock Options
    Fiscal Year
    2019   2018*
Expected term (years)   7.5   7.5
Expected volatility   70.65% to 70.80%   75.09% to 80.70%
Risk-free interest rate   3.01% to 3.10%   1.49% to 2.80%
Expected dividends   0   0

 

*Excluding options issued in the exchange program

Schedule of Stock Option Activity under Share Based Compensation Plan

The following table summarizes stock option activity for fiscal year 2019 under all plans:

 

   Shares   Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual Life (Yrs.)
 
Outstanding-beg of year   634,647   $3.36      
Options granted (1)   99,832   $4.76      
Options exercised   (667)  $4.41      
Forfeited   (13,445)  $3.65      
Expired   (17,203)  $4.41      
Outstanding Sept 24, 2019   703,164   $3.53    6.1 
Exercisable Sept 24, 2019   455,710   $3.25    4.9 

 

Schedule of Non-vested Restricted Stock Activity

A summary of the status of non-vested restricted stock as of September 24, 2019 and changes during fiscal 2018 is presented below:

 

   Shares   Grant Date Fair
Value Per Share
 
Non-vested shares at beg of year   149,614    $2.70 to $4.18 
Granted   79,988   $3.95 
Vested   (64,326)   $2.70 to $4.18 
Non-vested shares at Sept 24, 2019   165,276    $2.70 to $3.95 
Schedule of Noncontrolling Interest

The following table summarizes the activity in non-controlling interests during the year ended September 24, 2019 (in thousands):

 

   Good Times   Bad Daddy’s   Total 
Balance at September 25, 2018  $377   $2,861   $3,238 
Income attributable to non-controlling interests  $381   $508   $889 
Net Distributions to unrelated limited partners  $(426)  $(1,391)  $(1,817)
Purchase of non-controlling interest  $-   $(788)  $(788)
Balance at September 24, 2019  $332   $1,190   $1,522