Note 16 - Segment Reporting

3 Months Ended

Dec. 26, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

Note 16.         Segment Reporting

All of our Bad Daddy’s Burger Bar restaurants (Bad Daddy’s) compete in the full-service segment of the restaurant industry while our Good Times Burgers and Frozen Custard restaurants (Good Times) compete in the quick-service segment of the dining industry. We believe that providing this additional financial information for each of our brands will provide a better understanding of our overall operating results. Income (loss) from operations represents revenues less restaurant operating costs and expenses, directly allocable general and administrative expenses, and other restaurant-level expenses directly associated with each brand including depreciation and amortization, pre-opening costs and losses or gains on disposal of property and equipment. Unallocated corporate capital expenditures are presented below as reconciling items to the amounts presented in the consolidated financial statements.

The following tables present information about our reportable segments for the respective periods (in thousands):

	Quarter Ended
	December 26, 2023 (13 Weeks)			December 27, 2022 (13 Weeks)
Revenues
Bad Daddy’s	$	24,193		$	25,226
Good Times		8,939			8,168
	$	33,132		$	33,394
(Loss) income from operations
Bad Daddy’s	$	(763	)	$	(7	)
Good Times		389			114
	$	(374	)	$	107
Capital expenditures
Bad Daddy’s	$	132		$	158
Good Times		330			726
	$	462		$	884

	December 26, 2023		September 26, 2023
Property and equipment, net
Bad Daddy’s	$	18,468	$	18,053
Good Times		4,085		4,983
	$	22,553	$	23,036
Total assets
Bad Daddy’s	$	66,614	$	67,720
Good Times		23,507		23,368
	$	90,121	$	91,088