2012 Form 10-K Financial Statement
#000082532412000023 Filed on December 28, 2012
Income Statement
Concept | 2012 | 2011 Q3 | 2011 |
---|---|---|---|
Revenue | $19.71M | $5.400M | $20.60M |
YoY Change | -4.35% | -6.25% | -1.42% |
Cost Of Revenue | $15.00M | $5.010M | $16.10M |
YoY Change | -6.83% | -4.75% | -2.42% |
Gross Profit | $4.700M | $390.0K | $4.500M |
YoY Change | 4.44% | -22.0% | 2.27% |
Gross Profit Margin | 23.85% | 7.22% | 21.84% |
Selling, General & Admin | $5.200M | $510.0K | $5.300M |
YoY Change | -1.89% | -28.17% | -13.11% |
% of Gross Profit | 110.64% | 130.77% | 117.78% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $800.0K | $280.0K | $92.00K |
YoY Change | 769.57% | 27.27% | -90.21% |
% of Gross Profit | 17.02% | 71.79% | 2.04% |
Operating Expenses | $5.300M | $520.0K | $5.400M |
YoY Change | -1.85% | -26.76% | -11.48% |
Operating Profit | -$474.0K | -$130.0K | -$665.0K |
YoY Change | -28.72% | -38.1% | -60.88% |
Interest Expense | $203.0K | -$50.00K | $280.0K |
YoY Change | -27.5% | -68.75% | -146.67% |
% of Operating Profit | |||
Other Income/Expense, Net | -$194.0K | -$230.0K | |
YoY Change | -15.65% | ||
Pretax Income | -$700.0K | -$160.0K | -$900.0K |
YoY Change | -22.22% | -69.23% | -64.0% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$777.0K | -$200.0K | -$1.013M |
YoY Change | -23.3% | -62.26% | -65.07% |
Net Earnings / Revenue | -3.94% | -3.7% | -4.92% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$296.3K | -$73.53K | -$416.7K |
COMMON SHARES | |||
Basic Shares Outstanding | |||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2012 | 2011 Q3 | 2011 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $620.0K | $800.0K | $850.0K |
YoY Change | -27.06% | 100.0% | 97.67% |
Cash & Equivalents | $620.0K | $847.0K | $850.0K |
Short-Term Investments | |||
Other Short-Term Assets | $1.430M | $0.00 | $50.00K |
YoY Change | 2760.0% | 25.0% | |
Inventory | $160.0K | $191.0K | $190.0K |
Prepaid Expenses | |||
Receivables | $150.0K | $100.0K | $110.0K |
Other Receivables | $1.500M | $0.00 | $0.00 |
Total Short-Term Assets | $3.860M | $1.196M | $1.200M |
YoY Change | 221.67% | 49.5% | 44.58% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.080M | $5.722M | $5.720M |
YoY Change | -46.15% | 16.78% | 17.21% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | ||
YoY Change | |||
Other Assets | $110.0K | $81.00K | $70.00K |
YoY Change | 57.14% | -96.88% | -97.31% |
Total Long-Term Assets | $3.200M | $5.803M | $5.800M |
YoY Change | -44.83% | -22.63% | -22.56% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.860M | $1.196M | $1.200M |
Total Long-Term Assets | $3.200M | $5.803M | $5.800M |
Total Assets | $7.060M | $6.999M | $7.000M |
YoY Change | 0.86% | -15.67% | -15.87% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $490.0K | $496.0K | $500.0K |
YoY Change | -2.0% | -29.14% | -30.56% |
Accrued Expenses | $860.0K | $900.0K | $890.0K |
YoY Change | -3.37% | -25.0% | -24.58% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.590M | $195.0K | $200.0K |
YoY Change | 695.0% | -72.14% | -71.43% |
Total Short-Term Liabilities | $3.010M | $1.684M | $1.680M |
YoY Change | 79.17% | -37.63% | -37.78% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $140.0K | $2.067M | $2.070M |
YoY Change | -93.24% | -31.1% | -31.23% |
Other Long-Term Liabilities | $650.0K | $700.0K | $730.0K |
YoY Change | -10.96% | -22.22% | -20.65% |
Total Long-Term Liabilities | $790.0K | $2.795M | $2.800M |
YoY Change | -71.79% | -28.33% | -28.75% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.010M | $1.684M | $1.680M |
Total Long-Term Liabilities | $790.0K | $2.795M | $2.800M |
Total Liabilities | $4.000M | $4.479M | $4.690M |
YoY Change | -14.71% | -35.09% | -32.03% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$17.68M | ||
YoY Change | |||
Common Stock | $3.000K | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $3.060M | $2.305M | $2.310M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.060M | $6.999M | $7.000M |
YoY Change | 0.86% | -15.67% | -15.87% |
Cashflow Statement
Concept | 2012 | 2011 Q3 | 2011 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$777.0K | -$200.0K | -$1.013M |
YoY Change | -23.3% | -62.26% | -65.07% |
Depreciation, Depletion And Amortization | $800.0K | $280.0K | $92.00K |
YoY Change | 769.57% | 27.27% | -90.21% |
Cash From Operating Activities | -$22.00K | $100.0K | -$539.0K |
YoY Change | -95.92% | -433.33% | -27.16% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $314.0K | -$110.0K | $189.0K |
YoY Change | 66.14% | 1000.0% | -415.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $910.0K | $0.00 | $1.140M |
YoY Change | -20.18% | 850.0% | |
Cash From Investing Activities | $594.0K | -$110.0K | $954.0K |
YoY Change | -37.74% | 1000.0% | 1808.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $0.00 | ||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $650.0K | $1.617M | |
YoY Change | -59.8% | ||
Cash From Financing Activities | -$803.0K | -110.0K | 3.000K |
YoY Change | -26866.67% | 120.0% | -99.0% |
NET CHANGE | |||
Cash From Operating Activities | -$22.00K | 100.0K | -539.0K |
Cash From Investing Activities | $594.0K | -110.0K | 954.0K |
Cash From Financing Activities | -$803.0K | -110.0K | 3.000K |
Net Change In Cash | -$231.0K | -120.0K | 418.0K |
YoY Change | -155.26% | 33.33% | -207.18% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$22.00K | $100.0K | -$539.0K |
Capital Expenditures | $314.0K | -$110.0K | $189.0K |
Free Cash Flow | -$336.0K | $210.0K | -$728.0K |
YoY Change | -53.85% | -1150.0% | 7.06% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2007Q2 | us-gaap |
Notional Amount Of Interest Rate Cash Flow Hedge Derivatives
NotionalAmountOfInterestRateCashFlowHedgeDerivatives
|
1100000 | |
CY2007Q2 | us-gaap |
Derivative Swaption Interest Rate
DerivativeSwaptionInterestRate
|
0.0777 | pure |
CY2012Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
2726214 | shares |
CY2012Q4 | dei |
Entity Public Float
EntityPublicFloat
|
1977477 | |
CY2012Q3 | us-gaap |
Fair Value Concentration Of Risk Accounts Receivable
FairValueConcentrationOfRiskAccountsReceivable
|
1500000 | |
CY2012Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
53000 | |
CY2012Q3 | us-gaap |
Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
|
282000 | |
CY2011Q3 | gtim |
Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
|
71000 | |
CY2011Q3 | gtim |
Land And Buildings Gross
LandAndBuildingsGross
|
6969000 | |
CY2011Q3 | gtim |
Deferred Rent And Other Long Term Liabilities Noncurrent
DeferredRentAndOtherLongTermLiabilitiesNoncurrent
|
728000 | |
CY2011Q3 | gtim |
Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
|
7000 | |
CY2011Q3 | gtim |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
26000 | |
CY2010Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1694000 | |
CY2010Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
429000 | |
CY2011Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
47000 | |
CY2011Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
18255000 | |
CY2011Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
81000 | |
CY2011Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2305000 | |
CY2011Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2795000 | |
CY2011Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2011Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
892000 | |
CY2011Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2520000 | |
CY2011Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2011Q3 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
7669000 | |
CY2011Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2726214 | shares |
CY2011Q3 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
106000 | |
CY2011Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
496000 | |
CY2011Q3 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
10000 | |
CY2011Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
101000 | |
CY2011Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2011Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-17680000 | |
CY2011Q3 | us-gaap |
Assets
Assets
|
6999000 | |
CY2011Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.89 | |
CY2011Q3 | us-gaap |
Inventory Net
InventoryNet
|
191000 | |
CY2011Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2011Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6999000 | |
CY2011Q3 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
3617000 | |
CY2011Q3 | us-gaap |
Minority Interest
MinorityInterest
|
215000 | |
CY2011Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
847000 | |
CY2011Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2726214 | shares |
CY2011Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1684000 | |
CY2011Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | |
CY2011Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
166022 | shares |
CY2011Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | |
CY2011Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2011Q3 | us-gaap |
Assets Current
AssetsCurrent
|
1196000 | |
CY2011Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2011Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2011Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
12533000 | |
CY2011Q3 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
5000 | |
CY2011Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5722000 | |
CY2011Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
195000 | |
CY2011Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
19982000 | |
CY2011Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2067000 | |
CY2011Q3 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
1500000 | |
CY2012Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3057000 | |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1131000 | |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1903000 | |
CY2012Q3 | us-gaap |
Assets Held For Sale Current
AssetsHeldForSaleCurrent
|
1380000 | |
CY2012Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
1586000 | |
CY2012Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
15497000 | |
CY2012Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
121000 | |
CY2012Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
46000 | |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
112418 | shares |
CY2012Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
791000 | |
CY2012Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2012Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
23000 | |
CY2012Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
856000 | |
CY2012Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | |
CY2012Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
11000 | |
CY2012Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3260000 | |
CY2012Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2012Q3 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
7369000 | |
CY2012Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
7000 | |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
8.60 | |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | |
CY2012Q3 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
856000 | |
CY2012Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2726214 | shares |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1301000 | |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1699000 | |
CY2012Q3 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
145000 | |
CY2012Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
1500000 | |
CY2012Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
493000 | |
CY2012Q3 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
15000 | |
CY2012Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
75000 | |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1132000 | |
CY2012Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2012Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-18457000 | |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
|
2877000 | |
CY2012Q3 | us-gaap |
Assets
Assets
|
7061000 | |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.18 | |
CY2012Q3 | us-gaap |
Deferred Costs
DeferredCosts
|
283000 | |
CY2012Q3 | us-gaap |
Inventory Net
InventoryNet
|
159000 | |
CY2012Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
1380000 | |
CY2012Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7061000 | |
CY2012Q3 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
3241000 | |
CY2012Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1725000 | |
CY2011 | us-gaap |
Interest Paid
InterestPaid
|
240000 | |
CY2012Q3 | us-gaap |
Minority Interest
MinorityInterest
|
203000 | |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
616000 | |
CY2012Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2726214 | shares |
CY2012Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
45000 | |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
4325000 | |
CY2012Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3010000 | |
CY2012Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
175289 | shares |
CY2012Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | |
CY2012Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
37000 | |
CY2012Q3 | us-gaap |
Assets Current
AssetsCurrent
|
3858000 | |
CY2012Q3 | us-gaap |
Number Of Stores
NumberOfStores
|
17 | Entity |
CY2012Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
355451 | shares |
CY2012Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
355451 | shares |
CY2012Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
1000 | |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
11491000 | |
CY2012Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
12415000 | |
CY2012Q3 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
5000 | |
CY2012Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3082000 | |
CY2012Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1586000 | |
CY2012Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
21510000 | |
CY2012Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
139000 | |
CY2012Q3 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
1500000 | |
CY2012Q3 | us-gaap |
Fair Value Concentration Of Risk Notes Receivable
FairValueConcentrationOfRiskNotesReceivable
|
20000 | |
CY2012Q3 | gtim |
Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
|
106000 | |
CY2012Q3 | gtim |
Land And Buildings Gross
LandAndBuildingsGross
|
4887000 | |
CY2012Q3 | gtim |
Operating Leases Future Minimum Payments Due Net
OperatingLeasesFutureMinimumPaymentsDueNet
|
8614000 | |
CY2012Q3 | gtim |
Deferred Rent And Other Long Term Liabilities Noncurrent
DeferredRentAndOtherLongTermLiabilitiesNoncurrent
|
652000 | |
CY2012Q3 | gtim |
Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
|
0 | |
CY2012Q3 | gtim |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
7000 | |
CY2012Q3 | gtim |
Operating Leases Future Minimum Payments Due Current Remaining
OperatingLeasesFutureMinimumPaymentsDueCurrentRemaining
|
82000 | |
CY2012Q3 | gtim |
Fair Value Concentration Of Risk Franchise Receivable
FairValueConcentrationOfRiskFranchiseReceivable
|
64000 | |
CY2012Q3 | gtim |
Fair Value Concentration Of Risk Other Receivables Current
FairValueConcentrationOfRiskOtherReceivablesCurrent
|
145000 | |
CY2012Q3 | gtim |
Fair Value Concentration Of Risk Advertising Receivable
FairValueConcentrationOfRiskAdvertisingReceivable
|
63000 | |
CY2010Q4 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio
StockholdersEquityNoteStockSplitConversionRatio
|
0.3333 | pure |
CY2010Q4 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
218 | shares |
CY2007Q2 | gtim |
Contractual Term
ContractualTerm
|
P8Y | |
CY2012Q3 | us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
1500000 | |
CY2012Q3 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
40000 | |
CY2011Q4 | us-gaap |
Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
|
30000 | |
CY2011 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
19344000 | |
CY2011 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-31000 | |
CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-665000 | |
CY2011 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
20183000 | |
CY2011 | us-gaap |
Occupancy Costs
OccupancyCosts
|
3220000 | |
CY2011 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1617000 | |
CY2011 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
22000 | |
CY2011 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-275000 | |
CY2011 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
124000 | |
CY2011 | us-gaap |
Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
|
11000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-355000 | |
CY2011 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
61000 | |
CY2011 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-220000 | |
CY2011 | us-gaap |
Discontinued Operation Amount Of Other Income Loss From Disposition Of Discontinued Operation Net Of Tax
DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax
|
22000 | |
CY2011 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1143000 | |
CY2011 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
27000 | |
CY2011 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4000 | |
CY2011 | us-gaap |
Franchise Costs
FranchiseCosts
|
70000 | |
CY2011 | us-gaap |
Profit Loss
ProfitLoss
|
-895000 | |
CY2011 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.42 | |
CY2011 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
888000 | |
CY2011 | us-gaap |
Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
|
7241000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-539000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
954000 | |
CY2011 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1000 | |
CY2011 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
61000 | |
CY2011 | us-gaap |
Accretion Expense
AccretionExpense
|
62000 | |
CY2011 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
48000 | |
CY2011 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1767000 | |
CY2011 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
189000 | |
CY2011 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
418000 | |
CY2011 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1281000 | |
CY2011 | us-gaap |
Gain Loss On Interest Rate Cash Flow Hedge Ineffectiveness
GainLossOnInterestRateCashFlowHedgeIneffectiveness
|
27000 | |
CY2011 | us-gaap |
Franchise Revenue
FranchiseRevenue
|
419000 | |
CY2011 | us-gaap |
Advertising Expense
AdvertisingExpense
|
757000 | |
CY2011 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-107000 | |
CY2011 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
9000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
49000 | |
CY2011 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-10000 | |
CY2011 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
118000 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2011 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-161000 | |
CY2011 | us-gaap |
Revenues
Revenues
|
20603000 | |
CY2011 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
184000 | |
CY2011 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
61000 | |
CY2011 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
1000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-22000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
312000 | |
CY2011 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-51000 | |
CY2011 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
7043000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
3000 | |
CY2011 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
||
CY2011 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-1013000 | |
CY2011 | us-gaap |
Interest Expense
InterestExpense
|
280000 | |
CY2011 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2440860 | shares |
CY2011 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
952000 | |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1013000 | |
CY2011 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-230000 | |
CY2011 | gtim |
Increase Decrease In Intangible Assets Deposits And Other
IncreaseDecreaseInIntangibleAssetsDepositsAndOther
|
43000 | |
CY2011 | gtim |
Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
|
22000 | |
CY2011 | gtim |
Net Proceeds Expenses From Issuance Of Common Stock
NetProceedsExpensesFromIssuanceOfCommonStock
|
1727000 | |
CY2011 | gtim |
Number Of Restaurants Closed
NumberOfRestaurantsClosed
|
2 | Restaurant |
CY2012 | dei |
Trading Symbol
TradingSymbol
|
GTIM | |
CY2012 | dei |
Entity Registrant Name
EntityRegistrantName
|
GOOD TIMES RESTAURANTS INC | |
CY2012 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2012 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2012 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2012 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2012 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2012 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | |
CY2012 | dei |
Document Type
DocumentType
|
10-K | |
CY2012 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-09-30 | |
CY2012 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000825324 | |
CY2012 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2012 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--09-30 | |
CY2012 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
18017000 | |
CY2012 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN-TOP: 0px; FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt"> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify"> <u>Reclassification</u> – Certain prior year balances have been reclassified to conform to the current year’s presentation.  Such reclassifications had no effect on the net income or loss.</p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify"> During the years ended September 30, 2012 and 2011 the Company incurred expenses of $15,000 and income of $22,000, respectively, and has a remaining lease liability of $82,000 as of September 30, 2012, related to a restaurant that was closed prior to 2011 and was previously classified as discontinued operations. Due to the insignificance of the amounts, the Company has reclassified such amounts as other expense in operations and as other liabilities on the condensed consolidated balance sheet.</p> </div> | |
CY2012 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y3M18D | |
CY2012 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-23000 | |
CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-474000 | |
CY2012 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
19274000 | |
CY2012 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-11000 | |
CY2012 | us-gaap |
Occupancy Costs
OccupancyCosts
|
2999000 | |
CY2012 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
650000 | |
CY2012 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-15000 | |
CY2012 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-158000 | |
CY2012 | us-gaap |
Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
|
405000 | |
CY2012 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
87000 | |
CY2012 | us-gaap |
Sale Leaseback Transaction Net Proceeds
SaleLeasebackTransactionNetProceeds
|
1380000 | |
CY2012 | us-gaap |
Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
|
-12000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
5.25 | |
CY2012 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-272000 | |
CY2012 | us-gaap |
Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
|
16000 | |
CY2012 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
69000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.37 | |
CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.34 | |
CY2012 | us-gaap |
Discontinued Operation Amount Of Other Income Loss From Disposition Of Discontinued Operation Net Of Tax
DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax
|
-15000 | |
CY2012 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
913000 | |
CY2012 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
20000 | |
CY2012 | us-gaap |
Franchise Costs
FranchiseCosts
|
60000 | |
CY2012 | us-gaap |
Profit Loss
ProfitLoss
|
-668000 | |
CY2012 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.29 | |
CY2012 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares |
CY2012 | us-gaap |
Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
|
0.51 | pure |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
19066 | shares |
CY2012 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="MARGIN-TOP: 0px; FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt"> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify"> <u>Financial Instruments and Concentrations of Credit Risk</u> – Credit risk represents the accounting loss that would be recognized at the reporting date if counterparties failed completely to perform as contracted.  Concentrations of credit risk (whether on or off balance sheet) that arise from financial instruments exist for groups of customers or counterparties when they have similar economic characteristics that would cause their ability to meet contractual obligations to be similarly effected by changes in economic or other conditions.  Financial instruments with off-balance-sheet risk to the Company include lease liabilities whereby the Company is contingently liable as a guarantor of certain leases that were assigned to third parties in connection with various sales of restaurants to franchisees (see Note 5).</p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify"> Financial instruments potentially subjecting the Company to concentrations of credit risk consist principally of receivables.  At September 30, 2012 notes receivable totaled $20,000 and are due from two entities.  The Company has a $1,500,000 current receivable related to the preferred stock sale that occurred on September 28, 2012. The full $1,500,000 was received on October 1, 2012. Additionally, the Company has other current receivables totaling $145,000, which includes $64,000 of franchise receivables and $63,000 for a receivable from the advertising cooperative fund, which are all due in the normal course of business.</p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify">The Company purchases 100% of its restaurant food and paper from one vendor. The Company believes a sufficient number of other suppliers exist from which food and paper could be purchased to prevent any long-term, adverse consequences.</p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify">The Company operates in one industry segment, restaurants.  A geographic concentration exists because the Company’s customers are generally located in the State of Colorado.</p> </div> | |
CY2012 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
795000 | |
CY2012 | us-gaap |
Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
|
6592000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2012 | us-gaap |
Accretion Expense
AccretionExpense
|
38000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
594000 | |
CY2012 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4000 | |
CY2012 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
69000 | |
CY2012 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
26000 | |
CY2012 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | Segment |
CY2012 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1460000 | |
CY2012 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
314000 | |
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-231000 | |
CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1358000 | |
CY2012 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
765000 | |
CY2012 | us-gaap |
Gain Loss On Interest Rate Cash Flow Hedge Ineffectiveness
GainLossOnInterestRateCashFlowHedgeIneffectiveness
|
20000 | |
CY2012 | us-gaap |
Franchise Revenue
FranchiseRevenue
|
414000 | |
CY2012 | us-gaap |
Advertising Expense
AdvertisingExpense
|
796000 | |
CY2012 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-121000 | |
CY2012 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
6000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
34000 | shares |
CY2012 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y2M16D | |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-803000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
5667 | shares |
CY2012 | us-gaap |
Revenue Recognition Services Franchise Fees
RevenueRecognitionServicesFranchiseFees
|
<div style="MARGIN-TOP: 0px; FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt"> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify"> <u>Franchise and Area Development Fees</u> – Individual franchise fee revenue is deferred when received and is recognized as income when the Company has substantially performed all of its obligations under the franchise agreement and the franchisee has commenced operations.  The Company’s commitments and obligations pursuant to the franchise agreements consist of a) development assistance; including site selection, building specifications and equipment purchasing and b) operating assistance; including training of personnel and preparation and distribution of manuals and operating materials.  All of these obligations are effectively complete upon the opening of the restaurant at which time the franchise fee and the portion of any development fee allocable to that restaurant is recognized.  There are no additional material commitments or obligations.</p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify">The Company has not recognized any franchise fees that have not been collected.  The Company segregates initial franchise fees from other franchise revenue in the statement of operations.  Revenues and costs related to company-owned restaurants are segregated from revenues and costs related to franchised restaurants in the statement of operations.</p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify"> Continuing royalties from franchisees, which are a percentage of the gross sales of franchised operations, are recognized as income when earned.  Franchise development expenses, which consist primarily of legal costs and restaurant opening expenses associated with developing and opening franchise restaurants, are expensed against the related franchise fee income.</p> </div> | |
CY2012 | us-gaap |
Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
|
1993000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-403000 | |
CY2012 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-32000 | |
CY2012 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1588000 | |
CY2012 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
109000 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2012 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-40000 | |
CY2012 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y3M18D | |
CY2012 | us-gaap |
Revenues
Revenues
|
19706000 | |
CY2012 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
51000 | |
CY2012 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
69000 | |
CY2012 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
18000 | |
CY2012 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
847000 | |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
171000 | |
CY2012 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2726214 | shares |
CY2012 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
940000 | |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-777000 | |
CY2012 | us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
61000 | |
CY2012 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-194000 | |
CY2012 | us-gaap |
Proceeds From Collection Of Advance To Affiliate
ProceedsFromCollectionOfAdvanceToAffiliate
|
11000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
680000 | |
CY2012 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
47000 | |
CY2012 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
6691000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
5000 | |
CY2012 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
||
CY2012 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-777000 | |
CY2012 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN-TOP: 0px; FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt"> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 6px" align="justify"> <u>Accounting Estimates</u> – The preparation of consolidated financial statements in conformity with U.S. Generally Accepted Accounting Principles requires management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and the accompanying notes.  Actual results could differ from those estimates.</p> </div> | |
CY2012 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-7000 | |
CY2012 | us-gaap |
Interest Expense
InterestExpense
|
203000 | |
CY2012 | gtim |
Increase Decrease In Intangible Assets Deposits And Other
IncreaseDecreaseInIntangibleAssetsDepositsAndOther
|
63000 | |
CY2012 | gtim |
Lease Term
LeaseTerm
|
P5Y | |
CY2012 | gtim |
Percentage Of Purchases From Major Suppliers
PercentageOfPurchasesFromMajorSuppliers
|
1.00 | pure |
CY2012 | gtim |
Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
|
13000 | |
CY2012 | gtim |
Net Proceeds Expenses From Issuance Of Common Stock
NetProceedsExpensesFromIssuanceOfCommonStock
|
-32000 | |
CY2012 | gtim |
Number Of Restaurants Closed
NumberOfRestaurantsClosed
|
2 | Restaurant |
CY2012 | gtim |
Recognition Period For Deferred Gain Loss On Sale Of Property
RecognitionPeriodForDeferredGainLossOnSaleOfProperty
|
P20Y | |
CY2012 | gtim |
Lease Expirations Period
LeaseExpirationsPeriod
|
P13Y |