Good Times Restaurants (GTIM) 10-Q 10 May 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 26, 2019	May 09, 2019
Document And Entity Information
Entity Registrant Name	Good Times Restaurants Inc.
Entity Central Index Key	0000825324
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 26, 2019
Current Fiscal Year End Date	--09-24
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2019
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		12,522,778

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 26, 2019	Sep. 25, 2018
CURRENT ASSETS:
Cash and cash equivalents	$ 3,399	$ 3,477
Receivables, net of allowance for doubtful accounts of $0	597	1,735
Prepaid expenses and other	658	151
Inventories	1,026	1,004
Notes receivable	15	14
Total current assets	5,695	6,381
PROPERTY AND EQUIPMENT:
Land and building	4,787	5,002
Leasehold improvements	29,145	27,844
Fixtures and equipment	25,980	24,948
Total property and equipment	59,912	57,794
Less accumulated depreciation and amortization	(24,091)	(22,549)
Total net property and equipment	35,821	35,245
OTHER ASSETS:
Notes receivable, net of current portion	24	32
Deposits and other assets	217	207
Trademarks	3,900	3,900
Other intangibles, net	70	35
Goodwill	15,150	15,150
Total other assets	19,361	19,324
TOTAL ASSETS:	60,877	60,950
CURRENT LIABILITIES:
Current maturities of long-term debt and capital lease obligations		17
Accounts payable	2,736	3,774
Deferred income	79	92
Other accrued liabilities	4,823	4,452
Total current liabilities	7,638	8,335
LONG-TERM LIABILITIES:
Maturities of long-term debt and capital lease obligations due after one year	12,300	7,472
Deferred and other liabilities	8,260	7,922
Total long-term liabilities	20,560	15,394
Good Times Restaurants Inc. stockholders' equity:
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of 03/26/19 and 09/25/18
Common stock, $.001 par value; 50,000,000 shares authorized, 12,522,778 and 12,481,162 shares issued and outstanding as of 03/26/19 and 09/25/18, respectively	13	12
Capital contributed in excess of par value	57,438	59,385
Accumulated deficit	(26,915)	(25,414)
Total Good Times Restaurants Inc. stockholders' equity	30,536	33,983
Non-controlling interests	2,143	3,238
Total stockholders' equity	32,679	37,221
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 60,877	$ 60,950

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 26, 2019	Sep. 25, 2018
Statement of Financial Position [Abstract]
Receivables, allowance for doubtful accounts	$ 0	$ 0
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	12,522,778	12,481,162
Common stock, shares outstanding	12,522,778	12,481,162

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018	Mar. 26, 2019	Mar. 27, 2018
NET REVENUES:
Total net revenues	$ 27,172	$ 23,596	$ 52,542	$ 46,444
RESTAURANT OPERATING COSTS:
Food and packaging costs	7,903	7,118	15,426	14,321
Payroll and other employee benefit costs	10,228	8,642	19,781	16,921
Restaurant occupancy costs	2,165	1,788	4,130	3,428
Other restaurant operating costs	2,829	2,137	5,412	4,253
Preopening costs	193	496	820	1,073
Depreciation and amortization	1,089	882	2,123	1,728
Total restaurant operating costs	24,407	21,063	47,692	41,724
General and administrative costs	2,193	1,898	4,254	3,815
Advertising costs	547	602	1,175	1,197
Franchise costs	16	11	23	21
Asset impairment costs		72		72
Gain on restaurant asset sale	(9)	(9)	(39)	(17)
INCOME (LOSS) FROM OPERATIONS	18	(41)	(563)	(368)
Other Expenses:
Interest expense, net	(199)	(91)	(359)	(174)
Other income	1
Total other expenses, net	(198)	(91)	(359)	(174)
NET LOSS	(180)	(132)	(922)	(542)
Income attributable to non-controlling interests	(270)	(299)	(579)	(472)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (450)	$ (431)	$ (1,501)	$ (1,014)
BASIC AND DILUTED LOSS PER SHARE:
Net loss attributable to Common Shareholders	$ (0.04)	$ (0.03)	$ (0.12)	$ (0.08)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic and Diluted	12,522,778	12,468,326	12,513,844	12,456,537
Restaurant sales [Member]
NET REVENUES:
Total net revenues	$ 26,954	$ 23,342	$ 52,101	$ 45,939
Franchise revenues [Member]
NET REVENUES:
Total net revenues	$ 218	$ 254	$ 441	$ 505

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Capital Contributed in Excess of Par Value [Member]	Non-Controlling Interest In Partnerships [Member]	Accumulated Deficit [Member]	Total
BALANCES at Sep. 26, 2017		$ 12	$ 58,939	$ 2,713	$ (24,380)	$ 37,284
BALANCES, shares at Sep. 26, 2017		12,427,280
Stock-based compensation cost			118			118
Restricted stock unit vesting
Restricted stock grant vesting, shares		41,046
Income attributable to non-controlling interests				173		173
Distributions to unrelated limited partners				(256)		(256)
Net loss attributable to Good Times Restaurants Inc and comprehensive loss					(583)	(583)
BALANCES at Dec. 26, 2017		$ 12	59,057	2,630	(24,963)
BALANCES, shares at Dec. 26, 2017		12,468,326
Stock-based compensation cost			97			97
Stock option exercise
Income attributable to non-controlling interests				299		299
Distributions to unrelated limited partners				(242)		(242)
Contributions from unrelated limited partners				17		17
Net loss attributable to Good Times Restaurants Inc and comprehensive loss					(431)	(431)
BALANCES at Mar. 27, 2018		$ 12	59,154	2,704	(25,394)	36,476
BALANCES, shares at Mar. 27, 2018		12,468,326
BALANCES at Sep. 25, 2018		$ 12	59,385	3,238	(25,414)	37,221
BALANCES, shares at Sep. 25, 2018		12,481,162
Stock-based compensation cost			112			112
Restricted stock unit vesting		$ 1				1
Restricted stock grant vesting, shares		40,949
Stock option exercise			3			3
Stock option exercise, shares		667
Income attributable to non-controlling interests				309		309
Distributions to unrelated limited partners				(478)		(478)
Net loss attributable to Good Times Restaurants Inc and comprehensive loss					(1,051)	(1,051)
BALANCES at Dec. 25, 2018		$ 13	59,500	3,069	(26,465)	36,117
BALANCES, shares at Dec. 25, 2018		12,522,778
BALANCES at Sep. 25, 2018		$ 12	59,385	3,238	(25,414)	$ 37,221
BALANCES, shares at Sep. 25, 2018		12,481,162
Stock option exercise, shares						667
Distributions to unrelated limited partners						$ (886)
Purchase of non-controlling interest						(788)
BALANCES at Mar. 26, 2019		$ 13	57,438	2,143	(26,915)	32,679
BALANCES, shares at Mar. 26, 2019		12,522,778
BALANCES at Dec. 25, 2018		$ 13	59,500	3,069	(26,465)	36,117
BALANCES, shares at Dec. 25, 2018		12,522,778
Stock-based compensation cost			109			109
Stock option exercise
Income attributable to non-controlling interests				270		270
Distributions to unrelated limited partners				(408)		(408)
Purchase of non-controlling interest			(2,171)	(788)		(2,959)
Net loss attributable to Good Times Restaurants Inc and comprehensive loss					(450)	(450)
BALANCES at Mar. 26, 2019		$ 13	$ 57,438	$ 2,143	$ (26,915)	$ 32,679
BALANCES, shares at Mar. 26, 2019		12,522,778

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (922)	$ (542)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	2,248	1,852
Accretion of deferred rent	273	244
Amortization of lease incentive obligation	(242)	(201)
Asset impairment costs		72
Stock-based compensation expense	221	215
Recognition of deferred gain on sale of restaurant building	(18)	(17)
Change in:
Receivables and other	1,138	(40)
Inventories	(22)	(24)
Deposits and other	(556)	35
Change in:
Accounts payable	(32)	(98)
Deferred liabilities	368	703
Accrued and other liabilities	31	794
Net cash provided by operating activities	2,487	2,993
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for the purchase of property and equipment	(3,793)	(4,169)
Payments for the purchase of non-controlling interests	(2,724)
Proceeds from sale leaseback transaction		1,397
Proceeds from sale of fixed assets	8
Payments received from franchisees and others	7	6
Net cash used in investing activities	(6,502)	(2,766)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on notes payable and long-term debt	6,150	1,400
Principal payments on notes payable and long-term debt	(1,330)	(1,608)
Proceeds from stock option exercise	3
Net distributions paid to non-controlling interests	(886)	(481)
Net cash provided by (used in) financing activities	3,937	(689)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(78)	(462)
CASH AND CASH EQUIVALENTS, beginning of period	3,477	4,337
CASH AND CASH EQUIVALENTS, end of period	3,399	3,875
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	312	68
Change in accounts payable attributable to the purchase of property and equipment	(1,006)	(383)
Increase in accrued liabilities attributable to the purchase of Non-controlling interest	$ 285

Basis of Presentation

Basis of Presentation	6 Months Ended
	Mar. 26, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Note 1. Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Good Times Restaurants Inc. and its wholly-owned subsidiaries, Bad Daddy’s International, LLC (“BDI”), BD of Colorado, LLC (“BD of Colo”), Bad Daddy’s Franchise Development, LLC (“BDFD”), and Good Times Drive Thru, Inc. (“Drive Thru”), (together referred to as the “Company”, “we” or “us”). All significant intercompany balances and transactions have been eliminated in consolidation. BD of Colo was formed by Good Times Restaurants Inc. in 2013 to develop Bad Daddy’s Burger Bar restaurants in the state of Colorado. Subsequently, BDI and BDFD were acquired by Good Times Restaurants Inc. on May 7, 2015. Combined, these entities compose our Bad Daddy’s operating segment, which as of March 26, 2019, operates twenty-eight company-owned and five joint venture full-service upscale casual dining restaurants under the name Bad Daddy’s Burger Bar, primarily located in Colorado and in the Southeast region of the United States, franchises one restaurant in South Carolina, and licenses the Bad Daddy’s brand for use at an airport Bad Daddy’s restaurant under third-party operations and ownership. Drive Thru commenced operations in 1986 and as of March 26, 2019, operates nineteen Company-owned and seven joint venture drive-thru fast food hamburger restaurants under the name Good Times Burgers & Frozen Custard. Drive Thru’s Company-owned restaurants are located in Colorado. In addition, Drive Thru has nine franchisee-owned restaurants, with seven operating in Colorado and two in Wyoming. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles and practices of the United States of America (“GAAP”) for interim financial information. 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 March 26, 2019 and the results of its operations and its cash flows for the two fiscal quarters ended March 26, 2019 and March 27, 2018. Operating results for the two fiscal quarters ended March 26, 2019 are not necessarily indicative of the results that may be expected for the year ending September 24, 2019. The condensed consolidated balance sheet as of September 25, 2018 is derived from the audited financial statements but does not include all disclosures required by generally accepted accounting principles. As a result, these condensed consolidated financial statements should be read in conjunction with the Company's Form 10-K for the fiscal year ended September 25, 2018. Fiscal Year Advertising Costs

Revenue

Revenue	6 Months Ended
	Mar. 26, 2019
Revenue from Contract with Customer [Abstract]
Revenue	Note 2. Revenue In May 2014, the Financial Accounting Standards Board issued Revenue from Contracts with Customers Revenue Recognition Revenues consist primarily of sales from restaurant operations and franchise revenue, which includes franchisee royalties and contributions to advertising funds. Revenues associated with gift card breakage are immaterial to our financials. The Company recognizes revenue, pursuant to the new and updated standards, when it satisfies a performance obligation by transferring control over a product or service to a customer, typically a restaurant customer or a franchisee/licensee. The Company recognizes revenues in the form of restaurant sales at the time of the sale when payment is made by the customer, as the Company has completed its performance obligation, namely the provision of food and beverage, and the accompanying customer service, during the customer’s visit to the restaurant. The Company sells gift cards to customers and recognizes revenue from gift cards primarily in the form of restaurant revenue. Gift Card breakage, which is recognized when the likelihood of a gift card being redeemed is remote, is determined based upon the Company’s historic redemption patterns, and is immaterial to our overall financial statements. Revenues we receive from our franchise and license agreements include sales-based royalties, and from our franchise agreements also may include advertising fund contributions, area development fees, and franchisee fees. We recognize sales-based royalties from franchisees and licensees as the underlying sales occur. We similarly recognize advertising fund contributions from franchisees as the underlying sales occur. The Company also provides its franchisees with services associated with opening new restaurants and operating them under franchise and development agreements in exchange for area development and franchise fees. The Company would capitalize these fees upon receipt from the franchisee and then would amortize those over the contracted franchise term as the services comprising the performance obligations are satisfied. We have not received material development or franchise fees in the years presented, and the primary performance obligations under existing franchise and development agreements have been satisfied prior to the earliest period presented in our financial statements.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Mar. 26, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 3. Goodwill and Intangible Assets The following table presents goodwill and intangible assets as of March 26, 2019 and September 25, 2018: March 26, 2019 September 25, 2018 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Intangible assets subject to Franchise rights 116 (92 ) 24 116 (81 ) 35 Non-compete agreements 65 (19 ) 46 15 (15 ) - $ 181 $ (111 ) $ 70 $ 131 $ (96 ) $ 35 Indefinite-lived intangible Trademarks $ 3,900 $ - $ 3,900 $ 3,900 $ - $ 3,900 Intangible assets, net $ 4,081 $ (111 ) $ 3,970 $ 4,031 $ (96 ) $ 3,935 Goodwill $ 15,150 $ - $ 15,150 $ 15,150 $ - $ 15,150 The Company had no goodwill impairment losses in the periods presented in the above table or any prior periods. In February 2019 the Company acquired all of the membership interests of three joint venture entities to which the Company was already a party to and the transaction resulted in an increase to non-compete agreements of $50,000, see Note 11. There were no impairments to intangible assets during the two quarters ended March 26, 2019. The aggregate amortization expense related to these intangible assets subject to amortization was approximately $15,000 for the two quarters ended March 26, 2019. The estimated aggregate future amortization expense as of March 26, 2019 is as follows: Remainder of 2019 $ 19 2020 28 2021 17 2022 6 $ 70

Common Stock

Common Stock	6 Months Ended
	Mar. 26, 2019
Stockholders' Equity Note [Abstract]
Common Stock	Note 4. Common Stock On January 26, 2015, the Company filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC") which was declared effective by the SEC on March 25, 2015. The registration statement allows the Company to issue common stock from time to time up to an aggregate amount of $75 million, of which $22,688,052 has been issued.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Mar. 26, 2019
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Note 5. Stock-Based Compensation The Company has traditionally maintained incentive compensation plans that include provision for the issuance of equity-based awards. The Company established the 2008 Omnibus Equity Incentive Compensation Plan in 2008 (the “2008 Plan”) and has outstanding awards that were issued under the 2008 Plan. Subsequently, the 2008 Plan expired in 2018 and the Company established a new plan, the 2018 Omnibus Equity Incentive Plan (the “2018 Plan”) during the third fiscal quarter of 2018, pursuant to shareholder approval. Future awards will be issued under the 2018 plan. Stock-based compensation is measured at the grant date, based on the calculated fair value of the award, and is recognized as an expense over the requisite service period (generally the vesting period of the grant). The company recognizes the impact of forfeitures as forfeitures occur. Our net loss for the two quarters ended March 26, 2019 and March 27, 2018 includes $221,000 and $215,000, respectively, of compensation costs related to our stock-based compensation arrangements. Stock Option awards The Company measures the compensation cost associated with stock option awards by estimating the fair value of the award as of the grant date using the Black-Scholes pricing model. The Company believes that the valuation technique and the approach utilized to develop the underlying assumptions are appropriate in calculating the fair values of the Company’s stock options and stock awards granted during the two quarters ended March 26, 2019. Estimates of fair value are not intended to predict actual future events or the value ultimately realized by the employees who receive equity awards. During the two quarters ended March 26, 2019, the Company granted a total of 99,832 incentive stock options, from available shares under its 2018 Plan, with exercise prices between $4.66 and $5.00 and per-share weighted average fair values between $2.68 and $3.16. During the two quarters ended March 27, 2018, the Company granted a total of 18,274 incentive stock options, from available shares under its 2008 Plan, as amended, with an exercise prices between $2.70 and $2.73 and per-share weighted average fair values between $1.65 and $1.95. In addition to the exercise and grant date prices of the stock option awards, certain weighted average assumptions that were used to estimate the fair value of stock option grants are listed in the following table: Year-to-Date March 26, 2019 March 27, 2018 Expected term (years) 7.5 7.5 Expected volatility 70.65% to 70.80% 75.33 % to 75.67% Risk-free interest rate 3.01% to 3.10% 2.17% to 2.35% Expected dividends - - We estimate expected volatility based on historical weekly price changes of our common stock for a period equal to the current expected term of the options. The risk-free interest rate is based on the United States treasury yields in effect at the time of grant corresponding with the expected term of the options. The expected option term is the number of years we estimate that options will be outstanding prior to exercise considering vesting schedules and our historical exercise patterns. The following table summarizes stock option activity for the two quarters ended March 26, 2019 under all plans: Shares Weighted Weighted Avg. Outstanding-at beginning of year 634,647 $ 3.36 Options granted 99,832 $ 4.76 Options exercised (667 ) $ 4.41 Forfeited (9,287 ) $ 3.94 Expired (17,203 ) $ 4.41 Outstanding March 26, 2019 707,322 $ 3.52 6.6 Exercisable March 26, 2019 434,011 $ 3.23 5.2 As of March 26, 2019, the aggregate intrinsic value of the outstanding and exercisable options was approximately $61,000 and $61,000, respectively. Only options whose exercise price is below the current market price of the underlying stock are included in the intrinsic value calculation. As of March 26, 2019, the total remaining unrecognized compensation cost related to non-vested stock options was $618,000 and is expected to be recognized over a weighted average period of approximately 2.4 years. There were 667 stock options exercised during the two quarters ended March 26, 2019 with proceeds of approximately $4,000. There were no stock options exercised during the two quarters ended March 27, 2018. Restricted Stock Units During the two quarters ended March 26, 2019, the Company granted a total of 79,988 restricted stock units from available shares under its 2018 Plan. The shares were issued with a grant date fair market value of $3.95 which is equal to the closing price of the stock on the date of the grant. The restricted stock units vest over three years following the grant date. During the quarters ended March 27, 2018, the Company granted a total of 37,037 shares of restricted stock from available shares under its 2008 Plan, as amended. The shares were issued with a grant date fair market value of $2.70 which is equal to the closing price of the stock on the date of the grant. The restricted stock grant vests over three years following the grant date. A summary of the status of non-vested restricted stock as of March 26, 2019 is presented below. Shares Grant Date Fair Non-vested shares at beginning of year 149,614 $2.70 to $4.18 Granted 79,988 $3.95 Forfeited (3,207 ) $3.15 to $4.18 Vested (40,951 ) $2.70 to $4.18 Non-vested shares at March 26, 2019 185,444 $2.70 to $4.18 As of March 26, 2019, there was approximately $518,000 of total unrecognized compensation cost related to non-vested restricted stock. This cost is expected to be recognized over a weighted average period of approximately 1.5 years.

Notes Payable and Long-Term Deb

Notes Payable and Long-Term Debt	6 Months Ended
	Mar. 26, 2019
Debt Disclosure [Abstract]
Notes Payable and Long-Term Debt	Note 6. Notes Payable and Long-Term Debt Cadence Credit Facility The Company maintains a credit agreement with Cadence Bank (“Cadence”) pursuant to which, as amended, Cadence agreed to loan the Company up to $17,000,000 with a maturity date of December 31, 2021 (the “Cadence Credit Facility”). On February 21, 2019 the Cadence Credit Facility was amended, in connection with the RGWP Repurchase, to retroactively attribute EBITDA previously attributed to non-controlling interests to the Company for purposes of certain financial covenants. As amended by the various amendments, the Cadence Credit Facility accrues commitment fees on the daily unused balance of the facility at a rate of 0.25%. All borrowings under the Cadence Credit Facility, as amended, bear interest at a variable rate based upon the Company’s election of (i) 2.5% plus the base rate, which is the highest of the (a) Federal Funds Rate plus 0.5%, (b) the Cadence bank publicly-announced prime rate, and (c) LIBOR plus 1.0%, or (ii) LIBOR, with a 0.250% floor, plus 3.5%. Interest is due at the end of each calendar quarter if the Company selects to pay interest based on the base rate and at the end of each LIBOR period if it selects to pay interest based on LIBOR. As of March 26, 2019, the weighted average interest rate applicable to borrowings under the Cadence Credit Facility was 5.9907%. The Cadence Credit Facility, as amended, contains certain affirmative and negative covenants and events of default that the Company considers customary for an agreement of this type, including covenants setting a maximum leverage ratio of 5.35:1, a minimum fixed charge coverage ratio of 1.25:1 and minimum liquidity of $2,000,000. As of March 26, 2019, the Company was in compliance with the covenants under the Cadence Credit Facility. As a result of entering into the Cadence Credit Facility and the various amendments, the Company paid loan origination costs including professional fees of approximately $232,000 and is amortizing these costs over the term of the credit agreement. The obligations under the Cadence Credit Facility are collateralized by a first-priority lien on substantially all of the Company’s assets. As of March 26, 2019, the outstanding balance on borrowings against the facility was $12,300,000. Availability of the Cadence Credit Facility for borrowings is reduced by the outstanding face value of any letters of credit issued under the facility. As of March 26, 2019, the outstanding face value of such letters of credit was $157,500.

Net Loss per Common Share

Net Loss per Common Share	6 Months Ended
	Mar. 26, 2019
Earnings Per Share [Abstract]
Net Loss per Common Share	Note 7. Net Loss per Common Share Our basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Our diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive securities for this calculation consist of in-the-money outstanding stock options, restricted stock units and warrants (which were assumed to have been exercised at the average market price of the common shares during the reporting period). The treasury stock method is used to measure the dilutive impact of in-the-money stock options. Options and restricted stock grants for 892,766 and 781,789 shares of common stock were not included in computing diluted EPS for the two quarters ended March 26, 2019 and March 27, 2018, respectively, because their effects were anti-dilutive.

Contingent Liabilities and Liqu

Contingent Liabilities and Liquidity	6 Months Ended
	Mar. 26, 2019
Commitments and Contingencies Disclosure [Abstract]
Contingent Liabilities and Liquidity	Note 8. Contingent Liabilities and Liquidity We remain contingently liable on various leases underlying restaurants that were previously sold to franchisees. We have never experienced any losses related to these contingent lease liabilities, however if a franchisee defaults on the payments under the leases, we would be liable for the lease payments as the assignor or sub-lessor of the lease. Currently we have not been notified nor are we aware of any leases in default by the franchisees, however there can be no assurance that there will not be in the future which could have a material effect on our future operating results. Additionally, in the normal course of business, there may be various claims in process, matters in litigation, and other contingencies brought against the company by employees, vendors, customers, franchisees, or other parties. Evaluating these contingencies is a complex process that may involve substantial judgment on the potential outcome of such matters, and the ultimate outcome of such contingencies may differ from our current analysis. We review the adequacy of accruals and disclosures related to such contingent liabilities in consultation with legal counsel. While it is not possible to predict the outcome of these claims with certainty, it is management’s opinion that potential losses associated with such contingencies would be immaterial to our financial statements.

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets and Goodwill	6 Months Ended
	Mar. 26, 2019
Goodwill and Intangible Asset Impairment [Abstract]
Impairment of Long-Lived Assets and Goodwill	Note 9. Impairment of Long-Lived Assets and Goodwill Long-Lived Assets. On January 30, 2018 the Company closed one Good Times restaurant in Aurora, Colorado. A non-cash impairment charge of $219,000 related to this restaurant was previously taken in the fiscal year ended September 26, 2017 and no additional loss from disposal of assets has been subsequently recognized in the current year, nor is any additional loss expected. The Company is currently marketing the property and intends to sublease the property to a suitable tenant over the approximate 17-year remaining term of the lease. The Company expects to be able to sublease this property at or above its contractual lease rate but does not expect such sublease commencement until later in fiscal 2019. As such, we recorded accretion expense recognized as non-cash rent of approximately $48,000 in the fiscal year ended September 25, 2018, and approximately $73,000 in the two quarters ended March 26, 2019, reflecting the expected fair value of future lease costs, net of sublease income, associated with the closing of this restaurant. Given the results of our analysis at March 27, 2018, we identified one restaurant where the expected future cash flows would not be sufficient to recover the carrying value of the associated assets. This restaurant, an additional Good Times restaurant in Aurora, Colorado, was closed on April 22, 2018. We recorded a non-cash charge of $72,000 related to the impairment of this restaurant during the quarter ending March 27, 2018. No additional loss from disposal of assets is expected associated with this property. Prior to its closure, on April 6, 2018, the Company entered into a sublease of this property, the terms of which will provide sublease income substantially equal to the lease costs over the approximate 5 remaining years of the lease. Trademarks. Goodwill.

Income Taxes

Income Taxes	6 Months Ended
	Mar. 26, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 10. Income Taxes We account for income taxes using the liability method, whereby deferred tax asset and liability account balances are determined based on differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company provides a valuation allowance, if necessary, to reduce deferred tax assets to their estimated realizable value. The deferred tax assets are reviewed periodically for recoverability and valuation allowances are adjusted as necessary. The Company has significant net operating loss carry-forwards from prior years and incurred additional net operating losses during the two quarters ended March 26, 2019 and March 27, 2018. These losses resulted in an increase in the related deferred tax assets; however, valuation allowances were provided which reduced these deferred tax assets to zero; therefore, no income tax provision or benefit was recognized for the two quarters ended March 26, 2019 and March 27, 2018 resulting in an effective income tax rate of 0% for both periods. The Company is subject to taxation in various jurisdictions within the U.S. The Company continues to remain subject to examination by U.S. federal authorities for the years 2015 through 2018. The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company’s financial condition, results of operations, or cash flows. Therefore, no reserves for uncertain income tax positions have been recorded. The Company’s practice is to recognize interest and/or penalties related to income tax matters in income tax expense. No accrual for interest and penalties was considered necessary as of March 26, 2019.

Non-controlling Interests

Non-controlling Interests	6 Months Ended
	Mar. 26, 2019
Noncontrolling Interest [Abstract]
Non-controlling Interests	Note 11. Non-controlling Interests Non-controlling interests are presented as a separate item in the stockholders’ equity section of the condensed consolidated balance sheet. The amount of consolidated net income or loss attributable to non-controlling interests is presented on the face of the condensed consolidated statement of operations. Changes in a parent’s ownership interest in a subsidiary that do not result in deconsolidation are equity transactions, while changes in ownership interest that do result in deconsolidation of a subsidiary require gain or loss recognition based on the fair value on the deconsolidation date. The equity interests of the unrelated limited partners and members are shown on the accompanying consolidated balance sheet in the stockholders’ equity section as a non-controlling interest and is adjusted each period to reflect the limited partners’ and members’ share of the net income or loss as well as any cash contributions or distributions to or from the limited partners and members for the period. The limited partners’ and members’ share of the net income or loss in the subsidiary is shown as non-controlling interest income or expense in the accompanying consolidated statement of operations. All inter-company accounts and transactions are eliminated. On February 6, 2019, the Company concurrently entered into and closed on a Membership Interest Purchase Agreement with RGWP, LLC (the “RGWP Repurchase”), pursuant to which the Company agreed to acquire all of the remaining membership interests of three entities to which the Company is already a party to and already owned a controlling interest: Bad Daddy’s Burger Bar of Seaboard LLC, Bad Daddy’s Burger Bar of Cary, LLC, and BDBB of Olive Park NC, LLC. The purchase price was approximately $3.0 million of which $2.7 was paid at closing, $300,000 was accrued at March 26, 2019 and paid subsequent to the quarter end. These entities own and operate three Bad Daddy’s Burger Bar restaurants in the greater Raleigh, NC market. The purchase agreement contains various representations, warranties, and covenants of the Seller that are customary in transactions of this nature. The RGWP Repurchase resulted in a $788,000 reduction in non-controlling interests, an increase to non-compete agreements of $50,000 and a $2,171,000 reduction in additional paid in capital. The following table summarizes the activity in non-controlling interests during the quarter ended March 31, 2019: Bad Daddy’s Good Times Total Balance at September 25, 2018 $ 2,861 $ 377 $ 3,238 Income attributable to non-controlling interests 484 95 579 Distributions to unrelated limited partners (761 ) (125 ) (886 ) Purchase of non-controlling interest (788 ) - (788 ) Balance at March 26, 2019 $ 1,796 $ 347 $ 2,143 Our remaining non-controlling interests consist of one joint venture partnership involving seven Good Times restaurants and five joint venture partnerships involving five Bad Daddy’s restaurants.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Mar. 26, 2019
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Note 12. Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” In January 2017, the FASB issued ASU No. 2017-04, “Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment,”

Subsequent Events

Subsequent Events	6 Months Ended
	Mar. 26, 2019
Subsequent Events [Abstract]
Subsequent Events	Note 13. Subsequent Events None.

Segment Reporting

Segment Reporting	6 Months Ended
	Mar. 26, 2019
Segment Reporting [Abstract]
Segment Reporting	Note 14. Segment Reporting All of our Good Times Burgers and Frozen Custard restaurants (Good Times) compete in the quick-service drive-through dining industry while our Bad Daddy’s Burger Bar restaurants (Bad Daddy’s) compete in the full-service upscale casual dining industry. We believe that providing this additional financial information for each of our brands will provide a better understanding of our overall operating results. Income (loss) from operations represents revenues less restaurant operating costs and expenses, directly allocable general and administrative expenses, and other restaurant-level expenses directly associated with each brand including depreciation and amortization, pre-opening costs and losses or gains on disposal of property and equipment. Unallocated corporate capital expenditures are presented below as reconciling items to the amounts presented in the consolidated financial statements. The following tables present information about our reportable segments for the respective periods: Quarter Ended Year-to-Date March 26, 2019 March 27, 2018 March 26, 2019 March 27, 2018 Revenues Bad Daddy’s $ 20,474 $ 16,047 $ 38,815 $ 31,123 Good Times 6,698 7,549 13,727 15,321 $ 27,172 $ 23,596 $ 52,542 $ 46,444 Income (loss) from Bad Daddy’s $ 374 $ 198 $ (194 ) $ 8 Good Times (219 ) (139 ) (145 ) (158 ) Corporate (137 ) (100 ) (224 ) (218 ) $ 18 $ (41 ) $ (563 ) $ (368 ) Capital expenditures Bad Daddy’s $ 632 $ 2,063 $ 3,118 $ 3,989 Good Times 241 157 629 177 Corporate 2 2 46 3 $ 875 $ 2,222 $ 3,793 $ 4,169 March 26, September 25, Property and equipment, net Bad Daddy’s $ 29,971 $ 29,642 Good Times 5,488 5,234 Corporate 362 369 $ 35,821 $ 35,245

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Mar. 26, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill and Intangible Assets	The following table presents goodwill and intangible assets as of March 26, 2019 and September 25, 2018: March 26, 2019 September 25, 2018 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Intangible assets subject to Franchise rights 116 (92 ) 24 116 (81 ) 35 Non-compete agreements 65 (19 ) 46 15 (15 ) - $ 181 $ (111 ) $ 70 $ 131 $ (96 ) $ 35 Indefinite-lived intangible Trademarks $ 3,900 $ - $ 3,900 $ 3,900 $ - $ 3,900 Intangible assets, net $ 4,081 $ (111 ) $ 3,970 $ 4,031 $ (96 ) $ 3,935 Goodwill $ 15,150 $ - $ 15,150 $ 15,150 $ - $ 15,150
Schedule of Estimated Aggregate Future Amortization Expense For Finite-Lived Intangible Assets	The estimated aggregate future amortization expense as of March 26, 2019 is as follows: Remainder of 2019 $ 19 2020 28 2021 17 2022 6 $ 70

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Mar. 26, 2019
Share-based Payment Arrangement [Abstract]
Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants	In addition to the exercise and grant date prices of the stock option awards, certain weighted average assumptions that were used to estimate the fair value of stock option grants are listed in the following table: Year-to-Date March 26, 2019 March 27, 2018 Expected term (years) 7.5 7.5 Expected volatility 70.65% to 70.80% 75.33 % to 75.67% Risk-free interest rate 3.01% to 3.10% 2.17% to 2.35% Expected dividends - -
Summary of Stock Option Activity under Share Based Compensation Plan	The following table summarizes stock option activity for the two quarters ended March 26, 2019 under all plans: Shares Weighted Weighted Avg. Outstanding-at beginning of year 634,647 $ 3.36 Options granted 99,832 $ 4.76 Options exercised (667 ) $ 4.41 Forfeited (9,287 ) $ 3.94 Expired (17,203 ) $ 4.41 Outstanding March 26, 2019 707,322 $ 3.52 6.6 Exercisable March 26, 2019 434,011 $ 3.23 5.2
Schedule of Non-vested Restricted Stock Activity	A summary of the status of non-vested restricted stock as of March 26, 2019 is presented below. Shares Grant Date Fair Non-vested shares at beginning of year 149,614 $2.70 to $4.18 Granted 79,988 $3.95 Forfeited (3,207 ) $3.15 to $4.18 Vested (40,951 ) $2.70 to $4.18 Non-vested shares at March 26, 2019 185,444 $2.70 to $4.18

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	6 Months Ended
	Mar. 26, 2019
Noncontrolling Interest [Abstract]
Schedule of Noncontrolling Interest	The following table summarizes the activity in non-controlling interests during the quarter ended March 31, 2019: Bad Daddy’s Good Times Total Balance at September 25, 2018 $ 2,861 $ 377 $ 3,238 Income attributable to non-controlling interests 484 95 579 Distributions to unrelated limited partners (761 ) (125 ) (886 ) Purchase of non-controlling interest (788 ) - (788 ) Balance at March 26, 2019 $ 1,796 $ 347 $ 2,143

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Mar. 26, 2019
Segment Reporting [Abstract]
Schedule of Reportable Segments	The following tables present information about our reportable segments for the respective periods: Quarter Ended Year-to-Date March 26, 2019 March 27, 2018 March 26, 2019 March 27, 2018 Revenues Bad Daddy’s $ 20,474 $ 16,047 $ 38,815 $ 31,123 Good Times 6,698 7,549 13,727 15,321 $ 27,172 $ 23,596 $ 52,542 $ 46,444 Income (loss) from Bad Daddy’s $ 374 $ 198 $ (194 ) $ 8 Good Times (219 ) (139 ) (145 ) (158 ) Corporate (137 ) (100 ) (224 ) (218 ) $ 18 $ (41 ) $ (563 ) $ (368 ) Capital expenditures Bad Daddy’s $ 632 $ 2,063 $ 3,118 $ 3,989 Good Times 241 157 629 177 Corporate 2 2 46 3 $ 875 $ 2,222 $ 3,793 $ 4,169 March 26, September 25, Property and equipment, net Bad Daddy’s $ 29,971 $ 29,642 Good Times 5,488 5,234 Corporate 362 369 $ 35,821 $ 35,245

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018	Mar. 26, 2019	Mar. 27, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Advertising Costs	$ 142	$ 175	$ 142	$ 175

Revenue (Details)

Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018	Mar. 26, 2019	Mar. 27, 2018
Revenue from Contract with Customer [Abstract]
Advertising Costs	$ 142	$ 175	$ 142	$ 175

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Feb. 28, 2019	Mar. 26, 2019
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets		$ 15
Three Joint Venture Entities [Member]
Finite-Lived Intangible Assets [Line Items]
Increase to non-compete agreements	$ 50

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Intangible Assets Subject to Amortization) (Details) - USD ($) $ in Thousands	Mar. 26, 2019	Sep. 25, 2018
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 181	$ 131
Accumulated Amortization	(111)	(96)
Net Carrying Amount	70	35
Franchise rights [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	116	116
Accumulated Amortization	(92)	(81)
Net Carrying Amount	24	35
Non-compete agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	65	15
Accumulated Amortization	(19)	(15)
Net Carrying Amount	$ 46

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Indefinite-lived Intangible Assets) (Details) - USD ($) $ in Thousands	Mar. 26, 2019	Sep. 25, 2018
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	$ 3,900	$ 3,900

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Schedule of Goodwill and Intangible Assets) (Details) - USD ($) $ in Thousands	Mar. 26, 2019	Sep. 25, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible assets, gross carrying amount	$ 4,081	$ 4,031
Accumulated Amortization	(111)	(96)
Intangible Assets, net carrying amount	3,970	3,935
Goodwill, gross carrying amount	15,150	15,150
Goodwill, Accumulated Amortization
Goodwill, net carrying amount	$ 15,150	$ 15,150

Goodwill and Intangible Asset_6

Goodwill and Intangible Assets (Estimated Aggregate Future Amortization Expense) (Details) - USD ($) $ in Thousands	Mar. 26, 2019	Sep. 25, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2019	$ 19
2020	28
2021	17
2022	6
Net Carrying Amount	$ 70	$ 35

Common Stock (Details)

Common Stock (Details)	Mar. 25, 2015USD ($)
Stockholders' Equity Note [Abstract]
Aggregate amount of stock value authorized by SEC to be issued	$ 75,000,000
Aggregate amount of stock value issued under S-3	$ 22,688,052

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 221	$ 215
Stock options granted, shares	99,832
Stock options granted, exercise price	$ 4.76
Stock options exercised, shares	667
Proceeds from stock option exercises	$ 3
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate Intrinsic Value, Outstanding	61
Aggregate Intrinsic Value, Exercisable	61
Remaining total unrecognized compensation cost related to unvested stock-based arrangements	$ 618
Employee service share-based compensation, nonvested awards, total compensation cost not yet recognized, period for recognition	2 years 4 months 24 days
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted, shares	79,988	37,037
Restricted stock granted, weighted average grant date fair value per share	$ 3.95	$ 2.70
Vesting period	3 years	3 years
Remaining total unrecognized compensation cost related to unvested stock-based arrangements	$ 518
Employee service share-based compensation, nonvested awards, total compensation cost not yet recognized, period for recognition	1 year 6 months
Incentive Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, shares	99,832	18,274
Incentive Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, exercise price	$ 4.66	$ 2.70
Stock options granted, per-share weighted average fair value	2.68	1.65
Incentive Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, exercise price	5	2.73
Stock options granted, per-share weighted average fair value	$ 3.16	$ 1.95

Stock-Based Compensation (Weigh

Stock-Based Compensation (Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants) (Details) - Incentive and Non-Statutory Stock Options [Member] - USD ($)	6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)	7 years 6 months	7 years 6 months
Expected volatility, minimum	70.65%	75.33%
Expected volatility, maximum	70.80%	75.67%
Risk-free interest rate, minimum	3.01%	2.17%
Risk-free interest rate, maximum	3.10%	2.35%
Expected dividends

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Stock Option Activity under Share Based Compensation Plan) (Details)	6 Months Ended
	Mar. 26, 2019$ / sharesshares
Shares
Outstanding-at beginning of year | shares	634,647
Options granted | shares	99,832
Options exercised | shares	(667)
Forfeited | shares	(9,287)
Expired | shares	(17,203)
Outstanding March 26, 2019 | shares	707,322
Exercisable March 26, 2019 | shares	434,011
Weighted Average Exercise Price
Outstanding-at beginning of year | $ / shares	$ 3.36
Options granted | $ / shares	4.76
Options exercised | $ / shares	4.41
Forfeited | $ / shares	3.94
Expired | $ / shares	4.41
Outstanding March 26, 2019 | $ / shares	3.52
Exercisable March 26, 2019 | $ / shares	$ 3.23
Weighted Avg. Remaining Contractual Life (Yrs.)
Outstanding March 26, 2019	6 years 7 months 6 days
Exercisable March 26, 2019	5 years 2 months 12 days

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary of Non-vested Restricted Stock Activity) (Details) - Restricted Stock [Member] - $ / shares	6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018
Shares
Non-vested shares at beginning of year	149,614
Granted	79,988	37,037
Forfeited	(3,207)
Vested	(40,951)
Non-vested shares at March 26, 2019	185,444
Grant Date Fair Value Per Share
Granted	$ 3.95	$ 2.70
Minimum [Member]
Grant Date Fair Value Per Share
Non-vested shares at beginning of year	2.70
Forfeited	3.15
Vested	2.70
Non-vested shares at March 26, 2019	2.70
Maximum [Member]
Grant Date Fair Value Per Share
Non-vested shares at beginning of year	4.18
Forfeited	4.18
Vested	4.18
Non-vested shares at March 26, 2019	$ 4.18

Notes Payable and Long-Term D_2

Notes Payable and Long-Term Debt (Details) - Cadence Credit Facility [Member]	6 Months Ended
	Mar. 26, 2019USD ($)
Debt Instrument [Line Items]
Loan agreement, increase amount	$ 17,000,000
Interest rate	0.25%
Weighted average interest rate	5.9907%
Interest rate description	All borrowings under the Cadence Credit Facility, as amended, bear interest at a variable rate based upon the Company's election of (i) 2.5% plus the base rate, which is the highest of the (a) Federal Funds Rate plus 0.5%, (b) the Cadence bank publicly-announced prime rate, and (c) LIBOR plus 1.0%, or (ii) LIBOR, with a 0.250% floor, plus 3.5%. Interest is due at the end of each calendar quarter if the Company selects to pay interest based on the base rate and at the end of each LIBOR period if it selects to pay interest based on LIBOR.
Payment of debt issuance costs	$ 232,000
Maturity date	Dec. 31, 2021
Minimum liquidity amount	$ 2,000,000
Letters of credit outstanding, amount	12,300,000
Letters of credit outstanding face value	$ 157,500

Net Loss per Common Share (Sche

Net Loss per Common Share (Schedule of Weighted Average Shares Outstanding) (Details)	6 Months Ended
	Mar. 26, 2019shares
Effect of potentially dilutive securities
Stock options	892,766
Restricted stock units	781,789

Impairment of Long-Lived Asse_2

Impairment of Long-Lived Assets and Goodwill (Details) $ in Thousands	1 Months Ended		3 Months Ended		6 Months Ended
	Apr. 22, 2018USD ($)	Jan. 30, 2018USD ($)	Mar. 26, 2019USD ($)	Mar. 27, 2018USD ($)	Mar. 26, 2019USD ($)restaurants	Mar. 27, 2018USD ($)	Sep. 25, 2018USD ($)
Impaired Long-Lived Assets Held and Used [Line Items]
Number of restaurants impaired | restaurants					2
Goodwill			$ 15,150		$ 15,150		$ 15,150
Non-cash impairment charge	$ 72	$ 219		$ 72		$ 72
Loss from disposal of assets
Rent expense		$ 48			73
Good Times [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Goodwill			96		96
Bad Daddy's Franchise Development, LLC [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Goodwill			$ 15,054		$ 15,054

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018
Income Tax Examination [Line Items]
Deferred tax assets	$ 0	$ 0
Income tax provision or benefit	$ 0	$ 0
Effective income tax rate	0.00%	0.00%
Reserves for uncertain tax positions	$ 0	$ 0
Accrual for interest and penalties	$ 0	$ 0
Minimum [Member]
Income Tax Examination [Line Items]
Years subject to income tax examination	2015
Maximum [Member]
Income Tax Examination [Line Items]
Years subject to income tax examination	2018

Non-controlling Interests (Narr

Non-controlling Interests (Narrative) (Details) - USD ($) $ in Thousands	Feb. 06, 2019	Mar. 26, 2019	Mar. 26, 2019
Noncontrolling Interest [Line Items]
Non-controlling interests		$ (2,959)	$ (788)
Bad Daddy's [Member]
Noncontrolling Interest [Line Items]
Purchase price			3,000
Purchase price paid at closing			2,700
Purchase price paid subsequent			$ 300
RGWP [Member]
Noncontrolling Interest [Line Items]
Increase to non-compete agreements	$ 50
Increase decrease in additional paid in capital	2,171
Non-controlling interests	$ 788

Non-controlling Interests (Sche

Non-controlling Interests (Schedule of Noncontrolling Interests) (Details) $ in Thousands	3 Months Ended				6 Months Ended
	Mar. 26, 2019USD ($)restaurants	Dec. 25, 2018USD ($)	Mar. 27, 2018USD ($)	Dec. 26, 2017USD ($)	Mar. 26, 2019USD ($)restaurants
Noncontrolling Interest [Line Items]
Balance at September 25, 2018		$ 3,238			$ 3,238
Income attributable to non-controlling					579
Distributions to unrelated limited partners	$ (408)	(478)	$ (242)	$ (256)	(886)
Purchase of non-controlling interest	(2,959)				(788)
Balance at March 26, 2019	2,143				2,143
Bad Daddy's [Member]
Noncontrolling Interest [Line Items]
Balance at September 25, 2018		2,861			2,861
Income attributable to non-controlling					484
Distributions to unrelated limited partners					(761)
Purchase of non-controlling interest					(788)
Balance at March 26, 2019	$ 1,796				$ 1,796
Number of restaurants | restaurants	5				5
Good Times [Member]
Noncontrolling Interest [Line Items]
Balance at September 25, 2018		$ 377			$ 377
Income attributable to non-controlling					95
Distributions to unrelated limited partners					(125)
Purchase of non-controlling interest
Balance at March 26, 2019	$ 347				$ 347
Number of restaurants | restaurants	7				7

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018	Mar. 26, 2019	Mar. 27, 2018
Accounting Changes and Error Corrections [Abstract]
Advertising Costs	$ 142	$ 175	$ 142	$ 175

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 26, 2019	Mar. 27, 2018	Mar. 26, 2019	Mar. 27, 2018	Sep. 25, 2018
Segment Reporting Information [Line Items]
Revenues	$ 27,172	$ 23,596	$ 52,542	$ 46,444
Income (loss) from operations	18	(41)	(563)	(368)
Capital expenditures	875	2,222	3,793	4,169
Property and equipment, net	35,821		35,821		$ 35,245
Bad Daddys [Member]
Segment Reporting Information [Line Items]
Revenues	20,474	16,047	38,815	31,123
Income (loss) from operations	374	198	(194)	8
Capital expenditures	632	2,063	3,118	3,989
Property and equipment, net	29,971		29,971		29,642
Good Times [Member]
Segment Reporting Information [Line Items]
Revenues	6,698	7,549	13,727	15,321
Income (loss) from operations	(219)	(139)	(145)	(158)
Capital expenditures	241	157	629	177
Property and equipment, net	5,488		5,488		5,234
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Income (loss) from operations	(137)	(100)	(224)	(218)
Capital expenditures	2	$ 2	46	$ 3
Property and equipment, net	$ 362		$ 362		$ 369