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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Sep. 24, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 12,665 $ 2,745
Receivables, net of allowance for doubtful accounts of $0 704 810
Prepaid expenses and other 1,097 220
Inventories 1,087 1,128
Notes receivable 13 12
Total current assets 15,566 4,915
PROPERTY AND EQUIPMENT:    
Land and building 4,704 4,787
Leasehold improvements 33,044 32,393
Fixtures and equipment 28,419 27,597
Total property and equipment 66,167 64,777
Less accumulated depreciation and amortization (37,607) (29,100)
Total net property and equipment 28,560 35,677
OTHER ASSETS:    
Operating lease right-of-use assets, net 50,864
Notes receivable, net of current portion 3 13
Deposits and other assets 221 199
Trademarks 3,900 3,900
Other intangibles, net 26 51
Goodwill 5,150 15,150
Total other assets 60,164 19,313
TOTAL ASSETS: 104,290 59,905
CURRENT LIABILITIES:    
Current maturities of long-term debt 4,794
Accounts payable 3,016 3,774
Deferred income 79 79
Operating lease liabilities, current 4,629
Other accrued liabilities 5,786 5,375
Total current liabilities 18,304 9,228
LONG-TERM LIABILITIES:    
Maturities of long-term debt due after one year 16,751 12,850
Operating lease liabilities, net of current portion 55,462
Deferred and other liabilities 263 8,907
Total long-term liabilities 72,476 21,757
Good Times Restaurants Inc. stockholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of 06/30/20 and 9/24/19
Common stock, $.001 par value; 50,000,000 shares authorized, 12,595,654 and 12,541,082 shares issued and outstanding as of 06/30/20 and 09/24/19, respectively 13 13
Capital contributed in excess of par value 58,159 57,936
Treasury stock-at cost-shares 43,110 and 0, respectively (75)
Accumulated deficit (45,989) (30,551)
Total Good Times Restaurants Inc. stockholders' equity 12,108 27,398
Non-controlling interests 1,402 1,522
Total stockholders' equity 13,510 28,920
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 104,290 $ 59,905