Ark restaurants corp (ARKR)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Sep'18Jun'18Mar'18Dec'17Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'10
REVENUES:
Total revenues

43,514

41,688

44,807

35,311

40,548

-

-

44,800

35,276

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

-

-

-

-

-

-

-

-

39,340

-

41,350

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Food and beverage sales

-

-

-

-

-

-

-

-

-

38,617

-

-

-

33,914

37,953

37,094

40,935

33,818

36,632

40,309

40,016

31,213

33,050

36,713

38,746

30,680

31,756

33,152

36,153

28,788

31,029

35,799

38,888

29,624

32,603

36,019

38,583

29,127

32,384

34,559

Other revenue

-

-

-

-

-

-

-

-

-

735

-

-

-

726

467

992

298

454

359

272

359

335

309

359

364

357

382

547

320

302

307

283

305

268

258

149

166

311

157

603

Total revenues

-

-

-

-

-

-

-

-

-

39,352

-

-

-

34,640

38,420

38,086

41,233

34,272

36,991

40,581

40,375

31,548

33,359

37,072

39,110

31,037

32,138

33,699

36,473

29,090

31,336

36,082

39,193

29,892

32,861

36,168

38,749

29,438

32,541

35,162

COSTS AND EXPENSES:
Food and beverage cost of sales

-

-

-

-

-

-

-

-

-

10,230

-

-

-

9,836

9,750

10,106

10,656

9,191

9,592

10,944

10,573

9,171

8,747

10,126

10,738

8,373

7,854

8,649

8,959

7,434

7,749

9,137

9,992

7,670

8,358

9,481

10,574

8,104

8,583

8,988

Payroll expenses

15,122

14,727

14,864

12,979

14,105

-

14,234

14,685

12,991

13,710

13,710

13,672

13,776

12,670

12,956

11,736

12,895

12,895

13,192

12,744

12,019

11,285

10,855

11,438

11,952

10,559

10,478

10,720

10,805

10,118

10,845

10,647

11,702

10,350

10,707

11,149

11,657

10,544

11,246

10,015

Occupancy expenses

-

-

-

-

-

-

-

-

-

5,031

-

-

-

3,764

4,732

4,624

3,309

4,037

4,545

4,423

4,351

3,823

4,193

4,473

4,360

4,154

4,401

4,470

4,442

4,086

4,535

4,217

4,494

4,533

4,458

4,482

4,917

4,758

4,405

4,263

Other operating costs and expenses

5,328

5,327

4,840

5,236

4,975

-

5,466

5,658

5,196

5,117

5,117

5,300

5,398

5,126

4,866

5,233

4,999

4,924

4,563

5,022

4,858

4,374

4,240

4,284

4,989

4,322

4,207

4,289

4,400

4,057

4,339

4,665

5,156

4,062

4,032

4,447

4,931

3,762

4,652

4,396

General and administrative expenses

3,054

3,171

3,238

2,193

3,409

-

2,751

2,859

2,525

3,079

3,079

2,805

2,955

2,444

3,300

2,712

2,956

2,712

3,328

2,685

2,769

2,431

3,000

2,611

2,567

2,374

2,850

2,228

2,398

2,756

2,410

2,097

2,240

2,250

2,781

2,360

2,309

2,360

2,447

2,207

Depreciation and amortization

1,195

1,666

1,174

1,187

1,206

-

1,238

1,255

1,278

1,303

1,303

999

1,006

1,053

1,483

1,170

1,109

1,136

1,138

1,108

1,104

1,098

1,105

-

1,130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,106

1,147

1,124

1,082

921

1,176

1,133

1,097

942

938

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

879

923

1,017

1,150

972

Total costs and expenses

41,078

40,660

40,076

35,233

39,176

-

39,648

41,014

35,838

38,470

38,458

37,623

38,903

34,893

37,087

35,581

35,924

34,895

36,358

36,926

35,674

32,182

32,140

34,168

35,736

30,888

30,937

31,480

32,086

29,372

31,054

32,275

34,681

29,807

31,274

32,798

35,311

30,545

32,483

30,841

RESTAURANT OPERATING INCOME

2,436

-

-

-

1,372

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on closure of Durgin-Park

0

0

0

-39

-1,067

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

RESTAURANT OPERATING INCOME

-

-

-

-

-

-

-

-

-

882

-

1,844

2,447

-253

1,333

2,505

5,309

-623

633

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of Ark Jupiter RI, LLC

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,637

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OPERATING INCOME

2,436

-1,868

4,731

78

305

-

926

3,786

-562

882

882

1,844

2,447

-253

2,970

2,505

5,309

-623

633

3,655

4,701

-634

1,219

2,904

3,374

149

1,201

2,219

4,387

-282

282

3,807

4,512

85

1,587

3,370

3,438

-1,107

58

4,321

OTHER (INCOME) EXPENSE:
Interest expense

459

407

373

346

311

-

330

313

287

233

233

283

194

175

101

99

116

110

91

32

81

57

68

41

102

39

19

-

24

9

-

0

0

22

1

2

3

4

5

7

Interest income

13

13

19

15

14

-

15

14

14

14

14

44

16

14

96

144

12

12

12

12

12

12

11

25

7

6

7

-

-

-

-

29

0

3

1

-14

1

26

4

4

Total other expense, net

-446

-

-354

-331

-297

-

-

-299

-273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income) expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

217

160

61

75

42

64

57

186

121

115

66

298

38

93

79

1

29

391

33

86

122

208

70

-51

Total other expense, net

-

-

-

-

-

-

-

-

-

-219

-219

-239

-178

-161

-5

-393

113

62

-18

-

-27

19

-

170

26

82

54

269

14

84

79

30

29

372

33

71

119

230

69

-54

INCOME BEFORE PROVISION FOR INCOME TAXES

1,990

-2,262

4,377

-253

8

-

611

3,487

-835

663

663

1,605

2,269

-414

2,965

2,112

5,422

-561

615

3,710

4,674

-615

1,219

3,074

3,400

231

1,255

2,488

4,401

-198

361

3,837

4,541

457

1,620

3,441

3,557

-877

127

4,267

Provision for income taxes

319

-1,320

283

423

23

-

-486

562

-145

-1,078

-1,078

330

585

-127

880

700

1,362

-103

139

1,376

1,051

-173

342

593

702

81

399

773

1,112

-58

114

1,173

1,303

159

378

1,186

457

-201

31

1,206

INCOME FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,664

3,238

298

1,242

-

3,100

-676

-

3,061

Loss from operations of discontinued restaurant (includes a net loss on disposal of $71 for the year ended October 1, 2011)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Benefit for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

41

-309

-127

-

-274

-426

-

0

CONSOLIDATED NET INCOME (LOSS)

1,671

-942

4,094

-676

-15

-

1,097

2,925

-690

1,741

1,741

1,275

1,684

-287

2,085

1,412

4,060

-458

476

2,334

3,623

-442

877

2,481

2,698

150

856

1,715

3,289

-140

247

2,767

3,279

-11

1,115

484

2,826

-1,102

96

3,061

Net income attributable to non-controlling interests

158

-387

132

-7

47

-

89

268

-53

114

114

-37

298

106

351

424

693

188

155

324

382

141

155

194

459

324

293

262

660

125

239

924

315

393

29

-391

520

451

309

145

NET INCOME (LOSS) ATTRIBUTABLE TO ARK RESTAURANTS CORP.

1,513

-555

3,962

-669

-62

-

1,008

2,657

-637

1,627

1,627

1,312

1,386

-393

1,734

988

3,367

-646

321

2,010

3,241

-583

722

2,287

2,239

-174

563

1,453

2,629

-265

8

1,843

2,964

-404

1,086

875

2,306

-1,553

-213

2,916

Earnings Per Share [Abstract]
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,926

2,923

-249

1,148

-

2,580

-1,127

-

2,916

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-83

41

-155

-62

-

-274

-426

-

0

Net income

1,513

-555

3,962

-669

-62

-

1,008

2,657

-637

1,627

1,627

1,312

1,386

-393

1,734

-

3,367

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,843

2,964

-404

1,086

875

2,306

-1,553

-213

2,916

Basic (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.59

0.90

-0.08

0.34

-

0.74

-0.32

-

0.84

Diluted (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.59

0.89

-0.08

0.33

-

0.73

-0.32

-

0.83

Basic (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

0.01

-0.04

-0.02

-

-0.08

-0.12

-

0.00

Diluted (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

0.01

-0.04

-0.02

-

-0.08

-0.12

-

0.00

Basic (in USD per share)

0.43

-0.16

1.14

-0.19

-0.02

-

0.30

0.77

-0.19

0.47

0.47

0.38

0.40

-0.11

0.51

0.29

0.99

-0.19

0.09

0.60

0.95

-0.17

0.21

0.69

0.68

-0.05

0.17

0.45

0.81

-0.08

0.00

0.56

0.91

-0.12

0.32

0.25

0.66

-0.44

-0.06

0.84

Diluted (in USD per share)

0.43

-0.15

1.12

-0.19

-0.02

-

0.29

0.75

-0.19

0.46

0.46

0.37

0.39

-0.11

0.49

0.29

0.96

-0.19

0.09

0.58

0.92

-0.17

0.21

0.66

0.65

-0.05

0.17

0.44

0.77

-0.08

0.00

0.56

0.90

-0.12

0.31

0.25

0.65

-0.44

-0.06

0.83

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
Basic (in shares)

3,499

3,486

3,481

3,475

3,474

-

3,450

3,440

3,434

3,432

3,432

3,425

3,424

3,424

3,423

3,418

3,418

3,418

3,418

3,409

3,403

3,382

3,378

3,373

3,293

3,262

3,256

3,249

3,245

3,245

3,245

3,246

3,245

3,245

3,432

3,496

3,495

3,493

3,492

3,490

Diluted (in shares)

3,541

3,645

3,530

3,475

3,474

-

3,655

3,558

3,434

3,549

3,549

3,644

3,549

3,424

3,507

3,599

3,494

3,418

3,517

3,656

3,517

3,382

3,481

3,629

3,429

3,262

3,400

3,521

3,396

3,245

3,322

3,336

3,278

3,245

3,449

3,578

3,537

3,493

3,492

3,513

Food and beverage sales
Total revenues

42,829

40,914

43,888

34,485

39,838

-

-

43,989

34,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services sold

10,940

11,454

11,714

9,791

10,476

-

11,215

11,874

9,729

-

10,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other revenue
Total revenues

685

774

919

826

710

-

-

811

876

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Food and Beverage [Member]
Revenues

-

-

-

-

-

-

-

-

-

-

38,617

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Revenue [Member]
Revenues

-

-

-

-

-

-

-

-

-

-

723

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Occupancy expenses
Cost of goods and services sold

5,439

4,354

4,246

3,808

5,005

-

4,744

4,683

4,119

-

5,031

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-