2015 Q3 Form 10-Q Financial Statement

#000121465915006060 Filed on August 14, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2015 Q2 2014 Q2
Revenue $14.55M $12.94M $7.500M
YoY Change 76.58% 72.49% 15.62%
Cost Of Revenue $12.14M $10.75M $6.229M
YoY Change 83.66% 72.64% 40.93%
Gross Profit $2.410M $2.183M $1.271M
YoY Change 47.85% 71.75% -38.6%
Gross Profit Margin 16.56% 16.87% 16.95%
Selling, General & Admin $2.140M $3.650M $2.210M
YoY Change 26.63% 65.16% 20.11%
% of Gross Profit 88.8% 167.2% 173.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $460.0K $380.0K $180.0K
YoY Change 130.0% 111.11% 5.88%
% of Gross Profit 19.09% 17.41% 14.16%
Operating Expenses $2.140M $3.640M $2.210M
YoY Change 25.88% 64.71% 20.11%
Operating Profit $270.0K $336.0K $316.0K
YoY Change -485.71% 6.33% 35.04%
Interest Expense -$30.00K -$21.00K $2.000K
YoY Change -400.0% -1150.0% -200.0%
% of Operating Profit -11.11% -6.25% 0.63%
Other Income/Expense, Net $0.00 -$41.00K -$44.00K
YoY Change -6.82% 69.23%
Pretax Income $130.0K $300.0K $270.0K
YoY Change -316.67% 11.11% 28.57%
Income Tax
% Of Pretax Income
Net Earnings -$50.00K $107.0K $162.0K
YoY Change -66.67% -33.95% 14.89%
Net Earnings / Revenue -0.34% 0.83% 2.16%
Basic Earnings Per Share
Diluted Earnings Per Share -$4.075K $9.540K $21.68K
COMMON SHARES
Basic Shares Outstanding 12.25M shares 11.14M shares 6.870M shares
Diluted Shares Outstanding 11.53M shares 7.376M shares

Balance Sheet

Concept 2015 Q3 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.80M $15.20M $8.200M
YoY Change 39.39% 85.37% 530.77%
Cash & Equivalents $13.81M $15.19M $8.188M
Short-Term Investments
Other Short-Term Assets $200.0K $200.0K $200.0K
YoY Change 100.0% 0.0% -50.0%
Inventory $510.0K $453.0K $218.0K
Prepaid Expenses
Receivables $200.0K $200.0K $300.0K
Other Receivables $0.00 $100.0K $0.00
Total Short-Term Assets $14.73M $16.13M $8.818M
YoY Change 41.74% 82.92% 348.52%
LONG-TERM ASSETS
Property, Plant & Equipment $14.22M $11.45M $4.672M
YoY Change 147.17% 145.01% 61.72%
Goodwill $15.07M $14.97M $96.00K
YoY Change 15593.75% 15493.75% 0.0%
Intangibles $4.017M $4.027M
YoY Change
Long-Term Investments $0.00 $0.00 $500.0K
YoY Change -100.0% -100.0% 25.0%
Other Assets $19.28M $19.30M $619.0K
YoY Change 2519.29% 3017.77% 28.96%
Total Long-Term Assets $33.50M $30.75M $5.291M
YoY Change 416.18% 481.1% 57.05%
TOTAL ASSETS
Total Short-Term Assets $14.73M $16.13M $8.818M
Total Long-Term Assets $33.50M $30.75M $5.291M
Total Assets $48.23M $46.88M $14.11M
YoY Change 185.69% 232.24% 164.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.733M $1.500M $800.0K
YoY Change 151.89% 87.5% 9.89%
Accrued Expenses $1.883M $1.900M $1.000M
YoY Change 43.96% 90.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.617M $2.624M $47.00K
YoY Change 3692.75% 5482.98% 6.82%
Total Short-Term Liabilities $7.258M $6.031M $2.008M
YoY Change 184.63% 200.35% 8.66%
LONG-TERM LIABILITIES
Long-Term Debt $1.093M $1.135M $8.000K
YoY Change 517.51% 14087.5% -68.0%
Other Long-Term Liabilities $1.600M $1.500M $600.0K
YoY Change 100.0% 150.0% -14.29%
Total Long-Term Liabilities $2.713M $2.647M $697.0K
YoY Change 168.61% 279.77% -8.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.258M $6.031M $2.008M
Total Long-Term Liabilities $2.713M $2.647M $697.0K
Total Liabilities $9.971M $8.678M $2.705M
YoY Change 180.08% 220.81% 3.8%
SHAREHOLDERS EQUITY
Retained Earnings -$20.80M -$20.75M -$19.86M
YoY Change 3.95% 4.47% 4.16%
Common Stock $12.00K $12.00K $7.000K
YoY Change 50.0% 71.43% 133.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.64M $36.54M $11.12M
YoY Change
Total Liabilities & Shareholders Equity $48.23M $46.88M $14.11M
YoY Change 185.69% 232.24% 164.46%

Cashflow Statement

Concept 2015 Q3 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income -$50.00K $107.0K $162.0K
YoY Change -66.67% -33.95% 14.89%
Depreciation, Depletion And Amortization $460.0K $380.0K $180.0K
YoY Change 130.0% 111.11% 5.88%
Cash From Operating Activities $2.160M $670.0K $310.0K
YoY Change 120.41% 116.13% -38.0%
INVESTING ACTIVITIES
Capital Expenditures -$3.260M -$1.390M -$1.170M
YoY Change 196.36% 18.8% 680.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$16.08M -$20.00K
YoY Change -100.0% 80300.0% -94.59%
Cash From Investing Activities -$3.260M -$17.49M -$1.190M
YoY Change 178.63% 1369.75% 128.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $20.60M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -280.0K 20.58M 3.480M
YoY Change -114.81% 491.38% -4450.0%
NET CHANGE
Cash From Operating Activities 2.160M 670.0K 310.0K
Cash From Investing Activities -3.260M -17.49M -1.190M
Cash From Financing Activities -280.0K 20.58M 3.480M
Net Change In Cash -1.380M 3.760M 2.600M
YoY Change -181.18% 44.62% -2700.0%
FREE CASH FLOW
Cash From Operating Activities $2.160M $670.0K $310.0K
Capital Expenditures -$3.260M -$1.390M -$1.170M
Free Cash Flow $5.420M $2.060M $1.480M
YoY Change 160.58% 39.19% 127.69%

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Locked="false" Priority="50" Name="List Table 5 Dark Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="51" Name="List Table 6 Colorful Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="52" Name="List Table 7 Colorful Accent 6"></w:LsdException> </w:LatentStyles> </xml><![endif]--> <!-- [if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman",serif;} </style> <![endif]--></font></p> <p style="margin: 6pt 0in; line-height: normal; text-align: justify; font-size: 11pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all of the normal recurring adjustments necessary to present fairly the financial position of the Company as of June 30, 2015 and the results of its operations and its cash flows for the three and nine month periods ended June 30, 2015. Operating results for the three and nine month period ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending September 30, 2015. The condensed consolidated balance sheet as of September 30, 2014 is derived from the audited financial statements, but does not include all disclosures required by generally accepted accounting principles.<font style="mso-spacerun: yes;">&#160; </font>As a result, these condensed consolidated financial statements should be read in conjunction with the Company's Form 10-K/A for the fiscal year ended September 30, 2014.</font></p> <p style="margin: 6pt 0in; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">The accompanying unaudited condensed consolidated financial statements include the accounts of Good Times Restaurants, Inc and its wholly-owned subsidiaries, Good Times Drive Thru, Inc. (&#147;Drive Thru&#148;), BD of Colorado, LLC (&#147;BD of Colo&#148;), Bad Daddy's Franchise Development, LLC (&#147;BDFD&#148;) and Bad Daddy's International, LLC (&#147;BDI&#148;), as of June 30, 2015. All significant intercompany balances and transactions have been eliminated in consolidation.</font></p> <p style="margin: 6pt 0in; text-align: justify; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">Drive Thru is engaged in the business of developing, owning, operating and franchising hamburger-oriented drive-through restaurants under the name Good Times Burgers &amp; Frozen Custard.<font style="mso-spacerun: yes;">&#160; </font>Most of our Good Times restaurants are located in the front-range communities of Colorado but we also have franchised restaurants in Wyoming. BD of Colo, BDI and BDFD are engaged in the business of licensing, owning and operating full service hamburger-oriented restaurants under the name Bad Daddy's Burger Bar. </font></p> <p style="margin: 6pt 0in; font-size: 12pt; font-family: 'Times New Roman', serif;"><font style="font-size: 10.0pt;">Reclassification &#150; Certain prior year balances have been reclassified to conform to the current year's presentation.<font style="mso-spacerun: yes;">&#160; </font>Such reclassifications had no effect on the net income or loss.</font></p> </div>
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9760000 USD
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6472000 USD
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4107000 USD
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2003000 USD
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578000 USD
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="margin: 6pt 0pt; orphans: 0; text-align: justify; widows: 0; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Note 16</strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>.</strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"><strong>Recent Accounting Pronouncements</strong></font></p> <p style="margin: 6pt 0pt; orphans: 0; widows: 0; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: #ffffff;">In April 2015, the Financial Accounting Standards Board (&#147;FASB&#148;) issued guidance which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the related debt liability rather than an asset.&#160; The recognition and measurement guidance for debt issuance costs are not affected by this guidance.&#160; This new guidance is effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2015.&#160; Early adoption is permitted.&#160; The Company does not expect that this guidance will have a material impact on its consolidated financial statements.</font></font></p> </div>
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false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
dei Trading Symbol
TradingSymbol
GTIM
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
GOOD TIMES RESTAURANTS INC
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4797000 USD
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3282000 USD
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449000 USD
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351000 USD
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167000 USD
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813000 USD
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448000 USD
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6229000 USD
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25501000 USD
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16934000 USD
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1114000 USD
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647000 USD
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2876000 USD
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1894000 USD
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343000 USD
CY2014Q2 us-gaap Advertising Expense
AdvertisingExpense
292000 USD
us-gaap Advertising Expense
AdvertisingExpense
898000 USD
us-gaap Advertising Expense
AdvertisingExpense
779000 USD
CY2014Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2015Q2 us-gaap Franchise Costs
FranchiseCosts
32000 USD
CY2014Q2 us-gaap Franchise Costs
FranchiseCosts
22000 USD
us-gaap Franchise Costs
FranchiseCosts
85000 USD
us-gaap Franchise Costs
FranchiseCosts
64000 USD
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GainLossOnDispositionOfAssets1
7000 USD
CY2014Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
6000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
19000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
18000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
336000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
316000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-396000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-152000 USD
CY2015Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-21000 USD
CY2014Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
2000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-22000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
5000 USD
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-18000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
162000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-739000 USD
CY2014Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-44000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-8000 USD
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-41000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-44000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-32000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-160000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
295000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
272000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
188000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
110000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
311000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
229000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
107000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
162000 USD
us-gaap Net Income Loss
NetIncomeLoss
-739000 USD
us-gaap Net Income Loss
NetIncomeLoss
-541000 USD
CY2015Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2014Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
59000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
107000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-600000 USD
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11144262 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6870145 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9924190 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5649110 shares
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
562000 USD
CY2015Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
365000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
317000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
97000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
22550 shares
gtim Number Of Restaurants Impaired
NumberOfRestaurantsImpaired
0 restaurants
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
9783000 USD
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11534951 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7376405 shares
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
749000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
1276000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
2506000 USD
CY2015Q2 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
18988000 USD
CY2015Q2 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
2419000 USD
CY2015Q2 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
21407000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
21407000 USD
CY2015Q2 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
3002000 USD
us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
147000 USD
CY2015Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
14825000 USD
CY2014Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
11476000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
39866000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
30016000 USD
CY2015Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
641000 USD
CY2014Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
596000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
409000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-178000 USD
CY2015Q2 us-gaap Goodwill
Goodwill
14974000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
1376000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
124000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
49000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
133000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
52000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
3672000 USD
CY2015Q2 gtim Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Trademarks
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTrademarks
3900000 USD
CY2015Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2783810 shares
CY2015Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20600000 USD
CY2015Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
8.15
CY2015Q2 gtim Aggregate Amount Of Stock Value Authorized By Sec To Be Issued
AggregateAmountOfStockValueAuthorizedBySECToBeIssued
75000000 USD
CY2015Q2 gtim Finite Lived Trademarks Net
FiniteLivedTrademarksNet
3900000 USD
CY2014Q3 gtim Finite Lived Trademarks Net
FiniteLivedTrademarksNet
0 USD
CY2015Q2 gtim Other Finite Lived Intangible Assets Net
OtherFiniteLivedIntangibleAssetsNet
127000 USD
CY2014Q3 gtim Other Finite Lived Intangible Assets Net
OtherFiniteLivedIntangibleAssetsNet
0 USD
us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
-26000 USD
us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
0 USD
us-gaap Sale Leaseback Transaction Net Proceeds Investing Activities
SaleLeasebackTransactionNetProceedsInvestingActivities
1521000 USD
us-gaap Sale Leaseback Transaction Net Proceeds Investing Activities
SaleLeasebackTransactionNetProceedsInvestingActivities
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17612000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015Q2 gtim Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Franchise Agreements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFranchiseAgreements
116000 USD
CY2015Q2 gtim Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncompete Agreements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncompeteAgreements
15000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
24411000 USD
CY2015Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
481000 USD
CY2015Q2 gtim Business Combination Step Acquisition Fair Value Equity Interest In Acquiree
BusinessCombinationStepAcquisitionFairValueEquityInterestInAcquiree
498000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
0 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
131000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
0 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
0 USD
CY2015Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
4031000 USD
CY2015Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4027000 USD
CY2014Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
0 USD
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
0 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
127000 USD
CY2015Q2 us-gaap Goodwill Gross
GoodwillGross
15070000 USD
CY2015Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2014Q3 us-gaap Goodwill Gross
GoodwillGross
96000 USD
CY2014Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2015Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000 USD
CY2014Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
10000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
28000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
28000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
19000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
32000 USD
CY2015Q1 gtim Aggregate Amount Of Stock Shares Authorized By Sec To Be Issued
AggregateAmountOfStockSharesAuthorizedBySECToBeIssued
2094236 shares
CY2015Q1 gtim Aggregate Amount Of Stock Shares Authorized By Sec To Be Issued
AggregateAmountOfStockSharesAuthorizedBySECToBeIssued
2094236 shares
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
39008 shares
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
268366 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
701867 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2483337 shares
CY2015Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
259489 shares
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
59931 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015Q2 gtim Incremental Common Shares Attributable To Restricted Stock Grants
IncrementalCommonSharesAttributableToRestrictedStockGrants
131200 shares
CY2014Q2 gtim Incremental Common Shares Attributable To Restricted Stock Grants
IncrementalCommonSharesAttributableToRestrictedStockGrants
0 shares
gtim Incremental Common Shares Attributable To Restricted Stock Grants
IncrementalCommonSharesAttributableToRestrictedStockGrants
0 shares
gtim Incremental Common Shares Attributable To Restricted Stock Grants
IncrementalCommonSharesAttributableToRestrictedStockGrants
0 shares
CY2015Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2014Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
446329 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9924190 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5649110 shares
CY2015Q2 gtim Business Acquisitions Pro Forma Net Income Loss Attributable To Parent Company
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParentCompany
480000 USD
CY2014Q2 gtim Business Acquisitions Pro Forma Net Income Loss Attributable To Parent Company
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParentCompany
474000 USD
gtim Business Acquisitions Pro Forma Net Income Loss Attributable To Parent Company
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParentCompany
131000 USD
gtim Business Acquisitions Pro Forma Net Income Loss Attributable To Parent Company
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParentCompany
-162000 USD
CY2015Q2 gtim Business Acquisitions Pro Forma Net Income Loss Attributable To Common Shareholders
BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonShareholders
480000 USD
CY2014Q2 gtim Business Acquisitions Pro Forma Net Income Loss Attributable To Common Shareholders
BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonShareholders
474000 USD
gtim Business Acquisitions Pro Forma Net Income Loss Attributable To Common Shareholders
BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonShareholders
131000 USD
gtim Business Acquisitions Pro Forma Net Income Loss Attributable To Common Shareholders
BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonShareholders
-221000 USD
CY2015Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.04
CY2014Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.07
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.01
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.04
CY2015Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.04
CY2014Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.06
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.01
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.04

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