2022 Q4 Form 10-K Financial Statement

#000077954422000043 Filed on December 20, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021
Revenue $46.89M $183.7M $131.9M
YoY Change 9.44% 39.28% 23.83%
Cost Of Revenue $13.04M $52.57M $38.95M
YoY Change 3.73% 34.98% 36.19%
Gross Profit $33.85M $131.1M $92.92M
YoY Change 11.82% 41.09% 19.28%
Gross Profit Margin 72.19% 71.38% 70.46%
Selling, General & Admin $25.52M $95.12M $67.85M
YoY Change 30.01% 40.19% 2.03%
% of Gross Profit 75.4% 72.55% 73.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.052M $4.193M $3.577M
YoY Change 79.83% 17.22% -8.52%
% of Gross Profit 3.11% 3.2% 3.85%
Operating Expenses $32.42M $121.2M $87.52M
YoY Change 28.75% 38.52% 2.61%
Operating Profit $1.424M $9.864M $6.207M
YoY Change -72.01% 58.92% -179.62%
Interest Expense -$305.0K $1.192M $1.230M
YoY Change 8.93% -3.09% -13.44%
% of Operating Profit -21.42% 12.08% 19.82%
Other Income/Expense, Net $37.00K $1.758M $9.221M
YoY Change -80.93% -863.96%
Pretax Income $1.156M $11.62M $15.43M
YoY Change -86.71% -24.67% -271.37%
Income Tax $158.0K $1.448M $1.181M
% Of Pretax Income 13.67% 12.46% 7.65%
Net Earnings $762.0K $9.281M $12.90M
YoY Change -88.84% -28.03% -375.06%
Net Earnings / Revenue 1.63% 5.05% 9.78%
Basic Earnings Per Share $0.48 $2.61 $3.67
Diluted Earnings Per Share $210.8K $2.58 $3.58
COMMON SHARES
Basic Shares Outstanding 3.600M shares 3.556M shares 3.516M shares
Diluted Shares Outstanding 3.648M shares 3.603M shares 3.604M shares

Balance Sheet

Concept 2022 Q4 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.46M $28.46M $19.17M
YoY Change 48.45% 48.45% 13.44%
Cash & Equivalents $23.44M $23.44M $19.17M
Short-Term Investments $5.021M $5.021M
Other Short-Term Assets $3.301M $3.301M $7.101M
YoY Change -53.51% -53.51% 33.98%
Inventory $3.707M $3.707M $3.510M
Prepaid Expenses
Receivables $3.185M $3.185M $4.113M
Other Receivables $440.0K $440.0K $380.0K
Total Short-Term Assets $39.09M $39.09M $34.28M
YoY Change 14.06% 14.06% 27.42%
LONG-TERM ASSETS
Property, Plant & Equipment $34.68M $136.4M $92.51M
YoY Change -4.12% 47.45% 0.66%
Goodwill $17.44M
YoY Change 0.0%
Intangibles $4.220M
YoY Change 0.0%
Long-Term Investments $6.465M $6.465M $6.425M
YoY Change 0.62% 0.62% -6.88%
Other Assets $2.524M $5.642M $5.970M
YoY Change 11.19% -5.49% -28.07%
Total Long-Term Assets $170.4M $170.4M $126.9M
YoY Change 34.27% 34.27% 0.43%
TOTAL ASSETS
Total Short-Term Assets $39.09M $39.09M $34.28M
Total Long-Term Assets $170.4M $170.4M $126.9M
Total Assets $209.5M $209.5M $161.2M
YoY Change 29.97% 29.97% 5.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.466M $4.466M $4.886M
YoY Change -8.6% -8.6% 112.43%
Accrued Expenses $18.31M $18.31M $14.86M
YoY Change 23.24% 23.24% 1.06%
Deferred Revenue $5.534M
YoY Change 10.95%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.575M $6.575M $6.973M
YoY Change -5.71% -5.71% -22.52%
Total Short-Term Liabilities $34.88M $34.88M $31.70M
YoY Change 10.03% 10.03% 5.33%
LONG-TERM LIABILITIES
Long-Term Debt $17.09M $17.09M $25.51M
YoY Change -33.01% -33.01% -29.34%
Other Long-Term Liabilities $97.44M $97.44M $52.55M
YoY Change 85.42% 85.42% 5.1%
Total Long-Term Liabilities $114.5M $114.5M $78.06M
YoY Change 46.72% 46.72% -9.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $34.88M $34.88M $31.70M
Total Long-Term Liabilities $114.5M $114.5M $78.06M
Total Liabilities $149.4M $149.7M $110.8M
YoY Change 36.12% 35.13% -5.13%
SHAREHOLDERS EQUITY
Retained Earnings $44.27M
YoY Change 23.37%
Common Stock $15.53M
YoY Change 6.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $59.80M $59.80M $50.41M
YoY Change
Total Liabilities & Shareholders Equity $209.5M $209.5M $161.2M
YoY Change 29.97% 29.97% 5.16%

Cashflow Statement

Concept 2022 Q4 2022 2021
OPERATING ACTIVITIES
Net Income $762.0K $9.281M $12.90M
YoY Change -88.84% -28.03% -375.06%
Depreciation, Depletion And Amortization $1.052M $4.193M $3.577M
YoY Change 79.83% 17.22% -8.52%
Cash From Operating Activities $4.511M $20.35M $9.294M
YoY Change 70.48% 118.93% -305.26%
INVESTING ACTIVITIES
Capital Expenditures -$916.0K $2.701M $2.138M
YoY Change 87.7% 26.33% -14.0%
Acquisitions
YoY Change
Other Investing Activities -$5.071M -$5.060M -$1.312M
YoY Change -1128.6% 285.67% -4473.33%
Cash From Investing Activities -$5.987M -$7.761M -$3.450M
YoY Change -119840.0% 124.96% 40.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $531.0K $1.571M $68.00K
YoY Change 2210.29%
Cash From Financing Activities -1.687M -$8.318M -$3.559M
YoY Change -4.15% 133.72% -121.32%
NET CHANGE
Cash From Operating Activities 4.511M $20.35M $9.294M
Cash From Investing Activities -5.987M -$7.761M -$3.450M
Cash From Financing Activities -1.687M -$8.318M -$3.559M
Net Change In Cash -3.163M $4.268M $2.285M
YoY Change -454.99% 86.78% -76.47%
FREE CASH FLOW
Cash From Operating Activities $4.511M $20.35M $9.294M
Capital Expenditures -$916.0K $2.701M $2.138M
Free Cash Flow $5.427M $17.65M $7.156M
YoY Change 73.17% 146.59% -202.02%

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48000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
60000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-928000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2375000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
197000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
918000 usd
CY2022 arkr Increase Decrease In Prepaid And Accrued Income Taxes
IncreaseDecreaseInPrepaidAndAccruedIncomeTaxes
-2118000 usd
CY2021 arkr Increase Decrease In Prepaid And Accrued Income Taxes
IncreaseDecreaseInPrepaidAndAccruedIncomeTaxes
1026000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1682000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
736000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
254000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
69000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-420000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
2557000 usd
CY2022 arkr Increase Decrease In Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherLiabilities
2699000 usd
CY2021 arkr Increase Decrease In Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherLiabilities
900000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20347000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9294000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2701000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2138000 usd
CY2022 arkr Loans And Advances Made To Employees
LoansAndAdvancesMadeToEmployees
229000 usd
CY2021 arkr Loans And Advances Made To Employees
LoansAndAdvancesMadeToEmployees
92000 usd
CY2022 arkr Payments Received On Employee Receivables
PaymentsReceivedOnEmployeeReceivables
169000 usd
CY2021 arkr Payments Received On Employee Receivables
PaymentsReceivedOnEmployeeReceivables
97000 usd
CY2022 arkr Payments To Acquire Certificates Of Deposit
PaymentsToAcquireCertificatesOfDeposit
5000000 usd
CY2021 arkr Payments To Acquire Certificates Of Deposit
PaymentsToAcquireCertificatesOfDeposit
0 usd
CY2022 arkr Proceeds From Principal And Interest Income From Related Parties
ProceedsFromPrincipalAndInterestIncomeFromRelatedParties
0 usd
CY2021 arkr Proceeds From Principal And Interest Income From Related Parties
ProceedsFromPrincipalAndInterestIncomeFromRelatedParties
500000 usd
CY2022 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
0 usd
CY2021 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
1817000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7761000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3450000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
4941000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3374000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1571000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
68000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
111000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
894000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
703000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
710000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1615000 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
938000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8318000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3559000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4268000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2285000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19171000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16886000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23439000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19171000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1119000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1067000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
826000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
8000 usd
CY2022 arkr Notes Payable In Connection With Acquisition
NotesPayableInConnectionWithAcquisition
0 usd
CY2021 arkr Notes Payable In Connection With Acquisition
NotesPayableInConnectionWithAcquisition
1000000 usd
CY2022 arkr Refinancing Of Credit Facility Borrowings To Term Notes
RefinancingOfCreditFacilityBorrowingsToTermNotes
0 usd
CY2021 arkr Refinancing Of Credit Facility Borrowings To Term Notes
RefinancingOfCreditFacilityBorrowingsToTermNotes
9666000 usd
CY2021Q1 arkr Cost Method Investment Ownership Percent
CostMethodInvestmentOwnershipPercent
0.05
CY2022 us-gaap Fiscal Period
FiscalPeriod
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounting Period</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company's fiscal year ends on the Saturday nearest September 30. The fiscal years ended October 1, 2022 and October 2, 2021 both included 52 weeks.</span>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The accounting estimates that require management’s most difficult and subjective judgments include projected cash flow, allowances for potential bad debts on receivables, assumptions regarding discount rates related to lease accounting, the useful lives and recoverability of its assets, such as property and intangibles, fair values of financial instruments and share-based compensation, the realizable value of its tax assets and determining when investment impairments are other-than-temporary. Because of the uncertainty in such estimates, actual results may differ from these estimates.</span>
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
96414000 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
43054000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:10pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. The Company reduces credit risk by placing its cash and cash equivalents with major financial institutions with high credit ratings. At times, such amounts may exceed Federally insured limits. Accounts receivable are primarily comprised of normal business receivables, such as credit card receivables, that are collected in a short period of time and amounts due from the hotel operators where the Company has a location, and are recorded upon satisfaction of the performance obligation. The Company reviews the collectability of its receivables on an ongoing basis, and provides for an allowance when it considers the counterparty unable to meet its obligation. The concentration of credit risk with respect to accounts receivable is generally limited due to the short payment terms extended by the Company and the number of customers comprising the Company’s customer base.</span></div><div style="margin-top:10pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of October 1, 2022, the Company had accounts receivable balances due from two hotel operators totaling 54% of total accounts receivable. As of October 2, 2021, the Company had accounts receivable balances due from one hotel operator totaling 37% of total accounts receivable.</span></div><div style="margin-top:10pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the years ended October 1, 2022 and October 2, 2021, the Company made purchases from two vendors that accounted for 20% and 21% of total purchases, respectively.</span></div><div style="margin-top:10pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of October 1, 2022, all debt outstanding, other than Paycheck Protection Program loans and the note payable to the sellers of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">The Blue Moon Fish Company</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, is with one lender (see Note 10 – Notes Payable).</span></div>
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
48000 usd
CY2022Q4 arkr Liability For Gift Cards Included In Accrued Expenses And Other Current Liabilities
LiabilityForGiftCardsIncludedInAccruedExpensesAndOtherCurrentLiabilities
309000 usd
CY2021Q4 arkr Liability For Gift Cards Included In Accrued Expenses And Other Current Liabilities
LiabilityForGiftCardsIncludedInAccruedExpensesAndOtherCurrentLiabilities
252000 usd
CY2021Q4 arkr Land And Building Gross
LandAndBuildingGross
18033000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
60000 usd
CY2022Q4 arkr Number Of Vi Es With Primary Benefits
NumberOfVIEsWithPrimaryBenefits
3 variableinterestentity
CY2022Q4 arkr Land And Building Gross
LandAndBuildingGross
18033000 usd
CY2021Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
42200000 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
36554000 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
36143000 usd
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
355000 usd
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
38000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
97996000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
63314000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
60240000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34682000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
36174000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4193000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3577000 usd
CY2022Q4 arkr Intangible Assets Gross Excluding Trade Marks And Goodwill
IntangibleAssetsGrossExcludingTradeMarksAndGoodwill
2628000 usd
CY2021Q4 arkr Intangible Assets Gross Excluding Trade Marks And Goodwill
IntangibleAssetsGrossExcludingTradeMarksAndGoodwill
2628000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2356000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
542000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2252000 usd
CY2022Q4 arkr Intangible Assets Net
IntangibleAssetsNet
272000 usd
CY2021Q4 arkr Intangible Assets Net
IntangibleAssetsNet
376000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
104000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
53000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
85000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
85000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
85000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
17000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
15570000 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1870000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
17440000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
17440000 usd
CY2022Q4 arkr Sales Tax Payable Current
SalesTaxPayableCurrent
916000 usd
CY2021Q4 arkr Sales Tax Payable Current
SalesTaxPayableCurrent
910000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5517000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4758000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5534000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4988000 usd
CY2022Q4 arkr Accrued Occupancy And Other Operating Expenses Current
AccruedOccupancyAndOtherOperatingExpensesCurrent
4345000 usd
CY2021Q4 arkr Accrued Occupancy And Other Operating Expenses Current
AccruedOccupancyAndOtherOperatingExpensesCurrent
3023000 usd
CY2022Q4 arkr Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
16312000 usd
CY2021Q4 arkr Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
13679000 usd
CY2021 arkr Operating Lease Reductions In Rent Expense Amount
OperatingLeaseReductionsInRentExpenseAmount
800000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
10442000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
7557000 usd
CY2022 arkr Occupancy Lease Cost
OccupancyLeaseCost
461000 usd
CY2021 arkr Occupancy Lease Cost
OccupancyLeaseCost
396000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
6498000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
2970000 usd
CY2022 us-gaap Lease Cost
LeaseCost
17401000 usd
CY2021 us-gaap Lease Cost
LeaseCost
10923000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
14633000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
10485000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
53530000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8712000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y6M
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061
CY2018Q2 us-gaap Loss Contingency Number Of Plaintiffs
LossContingencyNumberOfPlaintiffs
2 plaintiff
CY2022 arkr Number Of Stock Option Plans
NumberOfStockOptionPlans
2 plan
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13695000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14023000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12995000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11867000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
11547000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
85915000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
150042000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
45068000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
104974000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
23729000 usd
CY2021Q4 us-gaap Notes Payable
NotesPayable
32596000 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
6575000 usd
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
6973000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-65000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-114000 usd
CY2022Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
17089000 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
25509000 usd
CY2022 arkr Paycheck Protection Program Loan Forgiveness Income
PaycheckProtectionProgramLoanForgivenessIncome
2420000 usd
CY2021 arkr Paycheck Protection Program Loan Forgiveness Income
PaycheckProtectionProgramLoanForgivenessIncome
10400000 usd
CY2022 arkr Paycheck Protection Program Loan Interest Forgiveness Income
PaycheckProtectionProgramLoanInterestForgivenessIncome
65000 usd
CY2021 arkr Paycheck Protection Program Loan Interest Forgiveness Income
PaycheckProtectionProgramLoanInterestForgivenessIncome
84000 usd
CY2022Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
271000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
63750 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
500000 shares
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.032
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.497
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.042
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0086
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.371
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.030
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
596476 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.21
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y3M18D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
626500 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.41
CY2021 arkr Cares Act Income Tax Expense Benefit
CARESActIncomeTaxExpenseBenefit
-3766000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
22500 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
17.80
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
110750 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.65
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
48851 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
14.40
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
49149 shares
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