−Removed: MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY
−Removed: Our common stock is traded
−Removed: on the NYSE AMERICAN under the symbol “BDL”.
−Removed: As of the close of business
−Removed: on December 29, 2020, there were approximately 172 holders of record of our common stock.
+Added: MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES
+Added: OF EQUITY SECURITIES.
+Added: Our common stock is traded on
+Added: the NYSE AMERICAN under the symbol “BDL”.
+Added: As of the close of business on
+Added: December 31, 2021, there were approximately 164 holders of record of our common stock.
Dividend Policy
−Removed: On March 24, 2020, due
−Removed: to the adverse effects of the COVID-19 pandemic on our operations, our Board of Directors cancelled a previously declared cash
−Removed: dividend of $.30 per share to shareholders of record on March 20, 2020 and payable on April 3, 2020.
−Removed: During our fiscal year 2019,
−Removed: our Board of Directors declared and paid a cash dividend of $.28 per share to shareholders of record on March 15, 2019.
−Removed: determination to pay cash dividends will be at our Board’s discretion and will depend upon our financial condition, operating
−Removed: results, capital requirements and such other factors as our Board deems relevant.
−Removed: Issuer Repurchases of Equity Securities
−Removed: Pursuant to a discretionary
−Removed: plan approved by the Board of Directors at its meeting on May 17, 2007, the Board of Directors authorized management to purchase
−Removed: up to 100,000 shares of our common stock, at a purchase price up to $15.00 per share.
−Removed: Since the Board’s 2007 authorization,
−Removed: we have purchased an aggregate of 34,586 shares, none of which were purchased by us in our fiscal year 2020.
−Removed: As of October 3,
−Removed: 2020, we still have authority to purchase 65,414 shares of our common stock under the discretionary plan approved by the Board
−Removed: of Directors.
+Added: During our fiscal year 2021, we
+Added: did not declare or pay a cash dividend on our capital stock.
+Added: During our fiscal year 2020, due to the negative effects of COVID 19 on our
+Added: operations, our Board of Directors cancelled a previously declared cash dividend of $.30 per share to shareholders of record on March
+Added: 20, 2020 and payable on April 3, 2020.
+Added: Any future determination to pay cash dividends will be at our Board’s discretion and will
+Added: depend upon our financial condition, operating results, capital requirements and such other factors as our Board deems relevant.
+Added: Issuer Repurchases of Equity
+Added: Pursuant to a discretionary plan
+Added: approved by the Board of Directors at its meeting on May 17, 2007, the Board of Directors authorized management to purchase up to 100,000
+Added: shares of our common stock, at a purchase price up to $15.00 per share.
+Added: Since the Board’s 2007 authorization, we have purchased
+Added: an aggregate of 34,586 shares, none of which were purchased by us in our fiscal year 2021.
+Added: As of October 2, 2021, we still have authority
+Added: to purchase 65,414 shares of our common stock under the discretionary plan approved by the Board of Directors.
SELECTED FINANCIAL DATA
−Removed: As a Smaller Reporting
−Removed: Company as defined by Rule 12b-2 of the Exchange Act and in Item 10(f)(1) of Regulation S-K, we are electing scaled
−Removed: disclosure reporting obligations and therefore are not required to provide the information requested by this Item 6.
+Added: As a Smaller Reporting Company
+Added: as defined by Rule 12b-2 of the Exchange Act and in Item 10(f)(1) of Regulation S-K, we are electing scaled disclosure
+Added: reporting obligations and therefore are not required to provide the information requested by this Item 6.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.