What changed in this filing

/stocks — the workspaceLOADING

Item 5. Market for Registrant’s Common Equity

2021-12-14 compared with 2020-12-14 · 32 added, 83 removed, 12 unchanged (91% of the section changed)

1 unchanged sentence

common stock is quoted on the NASDAQ Global Market under the symbol “RICK.”

December 8, 2020, the closing stock price for our common stock as reported by NASDAQ was $28.01, and there were approximately

December 10, 2021, the closing stock price for our common stock as reported by NASDAQ was $63.66, and there were 147

stockholders of record of our common stock (excluding broker held shares in “street name”).

Currently, we estimate

that there are approximately 5,500 stockholders having beneficial ownership in street name.

Currently, we estimate that

there are approximately 9,300 stockholders having beneficial ownership in street name.

Agent and Registrar

transfer agent and registrar for our common stock is Colonial Stock Transfer Company, Inc., 66 Exchange Place, 1st Floor, Salt

Lake City, Utah 84111.

transfer agent and registrar for our common stock is Colonial Stock Transfer Company, Inc., 66 Exchange Place, 1st Floor, Salt Lake City,

to 2016, we had not paid cash dividends on our common stock.

Starting in March 2016, in conjunction with our share buyback program

(see discussion below), our Board of Directors has declared regular quarterly cash dividends of $0.03 per share, except for the

fourth quarter of fiscal 2019 and the second and fourth quarters of fiscal 2020 when we paid $0.04 per share.

During fiscal 2020,

2019, and 2018, we paid cash dividends totaling $1.3 million, $1.3 million, and $1.2 million, respectively.

Starting in March 2016, in conjunction with our share buyback program (see

discussion below), our Board of Directors has declared regular quarterly cash dividends of $0.03 per share, except for the fourth quarter

of fiscal 2019, the second and fourth quarters of fiscal 2020, and all four quarters of fiscal 2021 when we paid $0.04 per share.

fiscal 2021, 2020, and 2019, we paid cash dividends totaling $1.4 million, $1.3 million, and $1.3 million, respectively.

In connection with the September 2021 Refinancing

Note (see Note 9 to our consolidated financial statements), we have agreed to not pay out any dividends or distributions;

provided that,

we are permitted to continue to pay our quarterly dividend in the amount of $0.04 per share per quarter ($0.16 per year) unless the debt

service coverage in connection with the loan falls below 1.4x for three consecutive quarters, in which event such quarterly dividend

must be suspended until such time as the 1.4x debt service coverage is achieved.

of Equity Securities by the Issuer

is a summary of our purchases during the quarter ended September 30, 2020:

Number of Shares (or Units) Purchased

Price Paid per Share (or Unit) (1)

Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs (2)

Number (or Approximate Dollar Value) of Shares (or Units) That May Yet be Purchased Under the Plans or Programs

July 1-31, 2020

August 1-31, 2020

September 1-30, 2020

include any commissions and transaction costs.

shares were purchased pursuant to the repurchase plans approved by the Board of Directors.

Subsequent to September 30, 2020 through

the filing date of this report, we purchased 74,659 shares of the Company’s common stock for a total of $1.8

the three months ended September 30, 2021, we did not repurchase any shares of our common stock.

Compensation Plan Information

Company’s 2010 Stock Option Plan expired on September 30, 2020.

Performance Graph

The following chart compares the 5-year cumulative

total stock performance of our common stock;

following chart compares the 5-year cumulative total stock performance of our common stock;

the NASDAQ Composite Index (IXIC);

the Russell 200 Index (RUT);

2000 Index (RUT);

and the Dow Jones U.S.

Restaurant & Bar Index (DJUSRU), our peer index.

The graph assumes a hypothetical investment of $100 on September

30, 2015 in each of our common stock and each of the indices, and that all dividends were reinvested.

The measurement points utilized

in the graph consist of the last trading day as of September 30 each year, representing the last day of our fiscal year.

The calculations

exclude trading commissions and taxes.

The graph assumes a hypothetical investment

of $100 on September 30, 2016 in each of our common stock and each of the indices, and that all dividends were reinvested.

The measurement

points utilized in the graph consist of the last trading day as of September 30 each year, representing the last day of our fiscal year.

The calculations exclude trading commissions and taxes.

We have selected the Dow Jones U.S.

Restaurant & Bar Index as our peer index since

it represents a broader group of restaurant and bar operators that are more aligned to our core business operations.

Restaurant & Bar Index as our peer index

since it represents a broader group of restaurant and bar operators that are more aligned to our core business operations.

component of the NASDAQ Composite Index and the Russell 2000 Index.

The historical stock performance presented below is

not intended to and may not be indicative of future stock performance.

Selected Financial Data.

following tables set forth certain of the Company’s historical financial data.

The selected historical consolidated financial

position data as of September 30, 2020 and 2019 and results of operations data for the years ended September 30, 2020, 2019 (as

revised), 2018 have been derived from the Company’s audited consolidated financial statements and related notes included

elsewhere in this Annual Report on Form 10-K.

The selected historical consolidated financial data as of September 30, 2018, 2017,

and 2016 and for the years ended September 30, 2017 and 2016 have been derived from the Company’s audited financial statements

for such years, which are not included in this Annual Report on Form 10-K.

The selected historical consolidated financial data

set forth are not necessarily indicative of the results of future operations and should be read in conjunction with the discussion

under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and

the historical consolidated financial statements and accompanying notes included herein to enhance understanding of these data

(in thousands, except per share data and percentages).

Statement Data:

Ended September 30,

Income from operations

Operating margin

Net income (loss) attributable to RCIHH

Diluted earnings (loss) per share

Capital expenditures

Dividends declared per share

Cash and cash equivalents

Total current assets

Total current liabilities (excluding current portion of long-term debt and operating lease liabilities)

Long-term debt (including current portion)

Total liabilities

Total RCIHH stockholders’ equity

Common shares outstanding

Measures (1) and Other Data:

Ended September 30,

Adjusted EBITDA

Non-GAAP operating income

Non-GAAP operating margin

Non-GAAP net income

Non-GAAP diluted earnings per share

Free cash flow

Same-store sales

Reconciliation

and discussion of non-GAAP financial measures are included under the “Non-GAAP Financial Measures” section of

Item 7 – “Management’s Discussion and Analysis of Financial Condition and Results of Operations” that

These measures should be considered in addition to, rather than as a substitute for, U.S.

GAAP measures.

revised the consolidated balance sheet as of September 30, 2019 and the consolidated

statements of operations and cash flows for the year ended September 30, 2019 due to

an error in our income tax provision.

See Note 4 to our consolidated financial statements.

The historical stock performance presented below is not intended

to and may not be indicative of future stock performance.

RCI Hospitality Holdings, Inc.

NASDAQ Composite Index

Dow Jones U.S.

Restaurant & Bar Index

Russell 2000 Index

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.

What changed 10-K

Item 5. Market for Registrant’s Common Equity