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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 28, 2021
Sep. 29, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 8,856 $ 11,454
Receivables 644 656
Prepaid expenses and other 641 275
Inventories 1,303 1,093
Notes receivable 13
Total current assets 11,444 13,491
PROPERTY AND EQUIPMENT    
Land and building 4,704 4,704
Leasehold improvements 35,089 33,280
Fixtures and equipment 30,286 28,593
Property, Plant and Equipment, Gross, Total 70,079 66,577
Less accumulated depreciation and amortization (42,852) (38,908)
Total net property and equipment 27,227 27,669
OTHER ASSETS:    
Operating lease right-of-use assets, net 45,737 49,252
Notes receivable, net of current portion
Deposits and other assets 219 209
Trademarks 3,900 3,900
Other intangibles, net 4 22
Goodwill 5,150 5,150
Other Assets, Noncurrent, Total 55,010 58,533
TOTAL ASSETS 93,681 99,693
CURRENT LIABILITIES:    
Current maturities of long-term debt 6,242
Accounts payable 1,496 2,581
Deferred income 61 69
Operating lease liabilities, current 4,935 4,689
Other accrued liabilities 6,394 5,055
Total current liabilities 12,886 18,636
LONG-TERM LIABILITIES:    
Maturities of long-term debt due after one year 10,903
Operating lease liabilities, net of current portion 49,723 53,731
Deferred and other liabilities 202 1,440
Total long-term liabilities 49,925 66,074
COMMITMENTS AND CONTINGENCIES (Note 5)
Good Times Restaurants Inc. shareholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, 0 shares issued and outstanding as of September 28, 2021 and September 29, 2020, respectively
Common stock, $.001 par value; 50,000,000 shares authorized 12,512,072 and 12,612,852 shares issued and outstanding as of September 28, 2021 and September 29, 2020, respectively 13 13
Capital contributed in excess of par value 59,021 58,219
Treasury stock, at cost; 376,351 and 43,110 shares as of September 28, 2021 and September 29, 2020, respectively (1,608) (75)
Accumulated deficit (27,680) (44,467)
Total Good Times Restaurants Inc. shareholders' equity 29,746 13,690
Non-controlling interests 1,124 1,293
Total shareholders' equity 30,870 14,983
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 93,681 $ 99,693