Quarterly report pursuant to Section 13 or 15(d)

Segment reporting

v3.10.0.1
Segment reporting
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
Note 14 – Segment reporting
 
The Company’s Chief Executive Officer (“CEO”), who began serving as the Company’s CEO on October 30, 2017 and has been deemed the Company’s Chief Operating Decision Maker, manages the business and allocates resources via a combination of restaurant sales reports and segment profit information (which is defined as revenues less operating expenses) related to the Company’s three sources of revenue, which are presented in their entirety within the consolidated statements of operations and comprehensive (loss) income. Beginning with the period ended December 31, 2017, the Company revised its segments to align with how it manages the business. Prior period segments have been restated to conform to the current segment presentation (in thousands):
 
 
 
Three Months Ended
September 30,
 
 
Nine Months Ended
September 30,
 
 
 
 
2018
 
 
 
2017
 
 
 
2018
 
 
 
2017
 
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owned restaurants
 
$
15,312
 
 
$
13,189
 
 
$
45,908
 
 
$
42,100
 
Owned food, beverage and other operations
 
 
1,960
 
 
 
2,144
 
 
 
6,048
 
 
 
8,460
 
Managed and licensed operations
 
 
2,688
 
 
 
2,479
 
 
 
7,832
 
 
 
7,577
 
 
 
$
19,960
 
 
$
17,812
 
 
$
59,788
 
 
$
58,137
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Segment Profits:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Owned restaurants
 
$
1,483
 
 
$
842
 
 
$
5,231
 
 
$
3,262
 
Owned food, beverage and other operations
 
 
(108
)
 
 
100
 
 
 
266
 
 
 
1,164
 
Managed and licensed operations
 
 
 
2,688
 
 
 
2,479
 
 
 
7,832
 
 
 
7,577
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total segment profit
 
 
4,063
 
 
 
3,421
 
 
 
13,329
 
 
 
12,003
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
General and administrative
 
 
2,266
 
 
 
2,267
 
 
 
7,937
 
 
 
8,479
 
Depreciation and amortization
 
 
896
 
 
 
950
 
 
 
2,575
 
 
 
2,621
 
Interest expense, net of interest income
 
 
294
 
 
 
325
 
 
 
902
 
 
 
804
 
Equity in income of investee companies
 
 
-
 
 
 
(264
)
 
 
(111
)
 
 
(156
)
Other, net
 
 
565
 
 
 
977
 
 
 
1,359
 
 
 
3,581
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations

before provision for income taxes
 
$
42
 
 
$
(834
)
 
$
667
 
 
$
(3,326
)
 
 
 
September 30,

2018
 
 
December 31,

2017
 
Total assets:
 
 
 
 
 
 
 
 
Owned restaurants
 
$
41,025
 
 
$
40,570
 
Owned food, beverage and other operations*
 
 
7,067
 
 
 
7,385
 
Managed and licensed operations
 
 
5,675
 
 
 
5,060
 
Total
 
$
53,767
 
 
$
53,015
 
* Includes corporate assets
 
 
 
Nine Months Ended
 
 
 
September 30,
 
Capital asset additions:
 
2018
 
 
2017
 
Owned restaurants
 
$
2,792
 
 
$
3,382
 
Owned food, beverage and other operations **
 
 
446
 
 
 
732
 
Managed and licensed operations
 
 
-
 
 
 
-
 
Total
 
$
3,238
 
 
$
4,114
 
** Includes corporate asset additions