Flanigan's Enterprises, Inc.
For the 13 weeks For the 13 weeks
ended September ended September
27, 2003 28, 2002
REVENUES
RESTAURANT FOOD AND
BEVERAGE REVENUES $7,244,000 $6,297,000
PACKAGE GOODS REVENUES 2,135,000 2,050,000
FRANCHISE REVENUES 178,000 327,000
OWNER'S FEE 65,000 52,000
OTHER OPERATING REVENUE (92,000) (169,000)
-------- --------
TOTAL REVENUES $9,523,000 $8,557,000
======== ========
NET PROFIT (LOSS) $(150,000)(3) $24,000(1)
======== ========
NET INCOME (LOSS) PER COMMON SHARE
BASIC EPS $(.08) $.01
======== ========
Diluted EPS $(.08) $.01
======== ========
(Continued)
For the 52 weeks For the 52 weeks
ended September ended September
27, 2003 28, 2002
RESTAURANT FOOD AND
BEVERAGE REVENUES $29,194,000 $28,619,000
PACKAGE GOODS REVENUES 9,777,000 9,174,000
FRANCHISE REVENUES 904,000 985,000
OWNERS FEE 260,000 251,000
OTHER OPERATING INCOME 118,000 95,000
-------- --------
TOTAL REVENUES $40,253,000 $39,124,000
======== ========
NET PROFIT $888,000(3) $1,383,000(1)(2)
NET INCOME PER COMMON SHARE
Basic EPS $.46 $.71
======== ========
Diluted EPS $.45 $.70
======== ========
(1) Includes $160,000 charge for a decrease in package store inventory due
to a change in the method of accounting and a $169,000 charge due to
an adjustment to deferred income taxes.
(2) Includes $230,000 profit from eminent domain proceedings.
(3) Includes a $167,000 charge due to an adjustment to deferred income
taxes.
|