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Stockholders' Equity (Tables)
12 Months Ended
Sep. 28, 2021
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

2021

Expected term (years)

3.63

Expected volatility

74.62%

Risk-free interest rate

0.24%

Expected dividends

-

Schedule of Stock Option Activity under Share Based Compensation Plan

The following table summarizes stock option activity for fiscal year 2021 under all plans:

Shares

Weighted

Average

Exercise Price

Weighted Average

Remaining

Contractual Life (Yrs.)

Outstanding at beginning of year

630,268

$

3.56

Options granted

90,000

$

2.33

Options exercised

(187,291

)

$

2.42

Forfeited

(68,533

)

$

5.22

Expired

(20,629

)

$

1.56

Outstanding Sept 28, 2021

443,815

$

3.63

5.7

Exercisable Sept 28, 2021

352,261

$

3.49

5.5

Schedule of Non-vested Restricted Stock Activity

A summary of the status of non-vested restricted stock units as of September 28, 2021 is presented below.

Shares

Grant Date Fair

Value Per Share

Non-vested shares at beginning of year

92,604

$1.54 to $3.95

Vested

(26,894

)

$2.52 to $3.95

Forfeited

(3,758

)

$2.30 to $2.68

Non-vested shares at September 28, 2021

61,952

$1.54 to $3.95

Schedule of Noncontrolling Interest

The following table summarizes the activity in non-controlling interests during the year ended September 28, 2021 (in thousands):

Bad Daddy’s

Good Times

Total

Balance at September 29, 2020

$

1,023

$

270

$

1,293

Income attributable to non-controlling interests

$

822

$

791

$

1,613

Contributions from unrelated limited partners

$

20

$

-

$

20

Distributions to unrelated limited partners*

$

(952

)

$

(850

)

$

(1,802

)

Balance at September 28, 2021

$

913

$

211

$

1,124

* Includes $169,000 of distributions reflected on our consolidated balance sheet in other accrued liabilities at September 28, 2021.