restaurant sales decreased $ 114,000 from the prior year due to the same store sales decrease . one restaurant was not included in same store sales while closed for a major remodel and sales decreased $ 339,000 from the prior year due to the closure . restaurant sales decreased $ 636,000 from the prior year due to the closure of two company owned stores in january and april 2018. the average menu price increase in fiscal 2019 over fiscal 2018 was approximately 3.7 % . additionally , net revenues for fiscal 2019 were decreased by $ 56,000 resulting from lower franchise revenues compared to fiscal 2018. fiscal 2019 and fiscal 2018 include franchise advertising contributions of $ 299,000 and $ 319,000 , respectively . average good times restaurant sales for company-operated restaurants open the entire fiscal year for fiscal 2018 and 2019 were as follows : fiscal year 2019 2018 company-operated $ 1,166,000 $ 1,173,000 during fiscal 2019 , company-operated good times restaurants ' sales for restaurants that had been open a full eighteen months ranged from a low of $ 765,000 to a high of $ 2,121,000. food and packaging costs : for fiscal 2019 , food and packaging costs increased $ 2,215,000 from $ 30,256,000 ( 30.7 % of restaurant sales ) in fiscal 2018 to $ 32,471,000 ( 29.6 % of restaurant sales ) . bad daddy 's food and packaging costs were $ 23,006,000 ( 28.8 % of restaurant sales ) in fiscal 2019 , up from $ 20,048,000 ( 29.7 % of restaurant sales ) in fiscal 2018. this increase is due to a greater number of operating weeks resulting from restaurants opened during fiscal 2018 and 2019. the decrease as a percent of sales is due to lower input costs , primarily ground beef and bacon , coupled with menu price increases and various purchasing initiatives during the year . 22 good times food and packaging costs were $ 9,465,000 ( 31.5 % of restaurant sales ) in fiscal 2019 , down from $ 10,208,000 ( 32.8 % of restaurant sales ) in fiscal 2018. compared to fiscal 2018 the cost index on our weighted basket of goods remained relatively flat during fiscal 2019. good times uses all-natural beef and did not see the same decline in costs as bad daddy 's . payroll and other employee benefit costs : for fiscal 2019 , payroll and other employee benefit costs increased $ 5,568,000 from $ 35,653,000 ( 36.2 % of restaurant sales ) in fiscal 2018 to $ 41,221,000 ( 37.5 % of restaurant sales ) . bad daddy 's payroll and other employee benefit costs were $ 30,224,000 ( 37.9 % of restaurant sales ) for fiscal 2019 , up from $ 24,861,000 ( 36.9 % of restaurant sales ) in fiscal 2018. the $ 5,363,000 increase was primarily attributable to the four new restaurants opened in fiscal 2019 and a full year of operations for restaurants opened in the prior fiscal year . the increase of 1.0 % in payroll and other employee benefit costs as a percentage of restaurant sales was mainly due to increased wages for both front of the house and back of house employees . colorado has a higher statutory minimum wage for tipped employees as compared to the other states in which we operate . we estimate that the colorado minimum wage for tipped employees results in higher total labor costs in our colorado restaurants of approximately 6.0 % of restaurant sales compared to our restaurants in jurisdictions subject only to federal minimum wage legislation . good times payroll and other employee benefit costs were $ 10,997,000 ( 36.6 % of restaurant sales ) in fiscal 2019 , up from $ 10,792,000 ( 34.7 % of restaurant sales ) in fiscal 2018. payroll and other employee benefits decreased approximately $ 281,000 in fiscal 2019 due to two company-owned restaurants that were closed in january and april of 2018. this was offset by a $ 486,000 increase in payroll and other employee benefit expenses primarily due to an increase in the average wage paid to our employees , which increased approximately 11 % in fiscal 2019 compared to fiscal 2018. the 11 % increase is attributable to a very competitive labor market in colorado and state mandated increases in the minimum wage rate . occupancy costs : occupancy costs include rent , real and personal property taxes , common area maintenance expenses , licenses and insurance expense . for fiscal 2019 , occupancy costs increased $ 1,094,000 from $ 7,261,000 ( 7.4 % of restaurant sales ) in fiscal 2018 to $ 8,355,000 ( 7.6 % of restaurant sales ) . bad daddy 's occupancy costs were $ 5,413,000 ( 6.8 % of restaurant sales ) for fiscal 2019 , up from $ 4,348,000 ( 6.4 % of restaurant sales ) in fiscal 2018. the $ 1,065,000 increase was primarily attributable to the four new restaurants opened in fiscal 2019 and a full year of operations for restaurants opened in the prior fiscal year . good times occupancy costs were $ 2,942,000 ( 9.8 % of restaurant sales ) in fiscal 2019 , up from $ 2,913,000 ( 9.4 % of restaurant sales ) in fiscal 2018. occupancy costs decreased approximately $ 57,000 in fiscal 2019 due to two company-owned restaurants that were closed in january and april of 2018. the decrease was offset by an $ 86,000 increase in occupancy costs primarily attributable to increases in property tax and common area costs . other operating costs : for fiscal 2019 , other operating costs increased $ 2,187,000 from $ 9,283,000 ( 9.4 % of restaurant sales ) in fiscal 2018 to $ 11,470,000 ( 10.4 % of restaurant sales ) . story_separator_special_tag 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 under which we are contingently liable . however , there can be no assurance that there will not be defaults in the future , which could have a material adverse effect on our future operating results . critical accounting policies and estimates : our consolidated financial statements and accompanying notes are prepared in accordance with gaap . preparing consolidated financial statements requires us to make estimates and assumptions that affect the reported amounts of assets , liabilities , revenue and expenses . these estimates and assumptions are affected by the application of our accounting policies . our significant accounting policies are described in note 1 to our consolidated financial statements . critical accounting estimates are those that require application of management 's most difficult , subjective or complex judgments , often as a result of matters that are inherently uncertain and may change in subsequent periods . while we apply our judgment based on assumptions believed to be reasonable under the circumstances , actual results could vary from these assumptions . it is possible that materially different amounts would be reported using different assumptions . the following is a description of what we consider to be our most significant accounting policies . leases : we lease real estate for various restaurant locations under long-term non-cancelable leases from unrelated third parties . all of our real estate leases are classified as operating leases under asc 840—leases . the lease term begins on the date we become legally obligated for the rent payments or we take possession of the building or land , whichever is earlier . the lease term includes cancelable option periods where failure to exercise such options would result in an economic penalty . lease term is determined at lease inception and includes the initial term of the lease plus any renewal periods that are reasonably assured to occur . certain of our operating leases contain predetermined fixed escalations of the minimum rent during the term of the lease . for these leases , we recognize the related rent expense on a straight-line basis over the lease term and record the difference between the amounts charged to operations and amounts paid as deferred rent . most of our leases contain rent holidays , which typically begin on the possession date and end on the date the restaurant opens , during which no cash rent payments are due under the terms of the lease . rent holidays are included in the lease term when determining straight-line rent expense , and the rent incurred before the restaurant opens is charged to preopening costs . additionally , certain of our operating leases contain clauses that provide for additional contingent rent based on a percentage of sales greater than certain specified target amounts . we recognize contingent rent expense provided the achievement of that target is probable . deferred rent : the excess of cumulative rent expense ( recognized on a straight-line basis ) over cumulative rent payments made on leases is recognized as a deferred rent liability in the accompanying balance sheets . also included in deferred rent are lease incentives provided by landlords upon entering into leases , often related to landlord payments for tenant improvements that we commonly negotiate when opening new restaurants to help fund build-out costs . these costs typically include general construction to alter the layout of the restaurant , leasehold improvements , and other miscellaneous items . we capitalize leasehold improvements and record a deferred liability for the amount of cash received from the landlord , which is amortized on a straight-line basis over the lease term as defined above . the amortization of the deferred liability related to these tenant improvements is recorded as a reduction of rent expense . we make judgments regarding the probable term for each restaurant lease , which can impact the rent holiday and or escalations in payments that are taken into consideration when calculating the straight-line rent and the term over which leasehold improvements and deferred lease incentives for each restaurant are amortized . these judgments may produce materially different amounts of depreciation , amortization , and rent expense than would be reported if different assumed lease terms were used . non-controlling interests : non-controlling interests , previously called minority interests , are presented as a separate item in the equity section of the consolidated balance sheet . consolidated net income or loss attributable to non-controlling interests are presented on the face of the consolidated statement of operations . additionally , changes in a parent 's ownership interest in a subsidiary that do not result in deconsolidation are equity transactions , and that deconsolidation of a subsidiary is recorded as a gain or loss based on the fair value on the deconsolidation date . 28 income taxes : we account for income taxes under 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 . we provide a valuation allowance , if necessary , to reduce deferred tax assets to their estimated realizable value . we continually review the realizability of our deferred tax assets , including an analysis of factors such as future taxable income , reversal of existing taxable temporary differences , and tax planning strategies . we assessed whether a valuation allowance should be recorded against our deferred tax assets based on consideration of all available evidence , using a “ more likely than not ” standard .

cash and working capital : as of september 24 , 2019 , we had a working capital deficit of $ 4,313,000. our working capital position benefits from the fact that we generally collect cash from sales to customers the same day , or in the case of credit or debit card transactions , within a few days of the related sale , and we typically have two to four weeks to pay our vendors . this benefit may increase when new bad daddy 's and good times restaurants are opened . we believe that we will have sufficient capital to meet our working capital , long term debt obligations and recurring capital expenditure needs in fiscal 2020. as of september 24 , 2019 , we had total commitments outstanding of $ 221,000 related to construction contracts for bad daddy 's restaurants currently under development . we anticipate these commitments will be funded out of existing cash or future borrowings against the cadence bank credit facility . financing : 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 ( see note 7 to the financial statements ) , to retroactively attribute ebitda previously attributed to non-controlling interests to the company for purposes of certain financial covenants . on december 9 , 2019 the cadence credit facility was amended in connection with the separation of the company 's former ceo , to amend the definition of “ consolidated ebitda ” for the purposes of financial covenants , to require certain installment payments , and to permit the company to make certain “ restricted payments ” ( as defined in the cadence credit facility ) .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash and working capital : as of september 24 , 2019 , we had a working capital deficit of $ 4,313,000. our working capital position benefits from the fact that we generally collect cash from sales to customers the same day , or in the case of credit or debit card transactions , within a few days of the related sale , and we typically have two to four weeks to pay our vendors . this benefit may increase when new bad daddy 's and good times restaurants are opened . we believe that we will have sufficient capital to meet our working capital , long term debt obligations and recurring capital expenditure needs in fiscal 2020. as of september 24 , 2019 , we had total commitments outstanding of $ 221,000 related to construction contracts for bad daddy 's restaurants currently under development . we anticipate these commitments will be funded out of existing cash or future borrowings against the cadence bank credit facility . financing : 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 ( see note 7 to the financial statements ) , to retroactively attribute ebitda previously attributed to non-controlling interests to the company for purposes of certain financial covenants . on december 9 , 2019 the cadence credit facility was amended in connection with the separation of the company 's former ceo , to amend the definition of “ consolidated ebitda ” for the purposes of financial covenants , to require certain installment payments , and to permit the company to make certain “ restricted payments ” ( as defined in the cadence credit facility ) .
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 Suspicious Activity Report : restaurant sales decreased $ 114,000 from the prior year due to the same store sales decrease . one restaurant was not included in same store sales while closed for a major remodel and sales decreased $ 339,000 from the prior year due to the closure . restaurant sales decreased $ 636,000 from the prior year due to the closure of two company owned stores in january and april 2018. the average menu price increase in fiscal 2019 over fiscal 2018 was approximately 3.7 % . additionally , net revenues for fiscal 2019 were decreased by $ 56,000 resulting from lower franchise revenues compared to fiscal 2018. fiscal 2019 and fiscal 2018 include franchise advertising contributions of $ 299,000 and $ 319,000 , respectively . average good times restaurant sales for company-operated restaurants open the entire fiscal year for fiscal 2018 and 2019 were as follows : fiscal year 2019 2018 company-operated $ 1,166,000 $ 1,173,000 during fiscal 2019 , company-operated good times restaurants ' sales for restaurants that had been open a full eighteen months ranged from a low of $ 765,000 to a high of $ 2,121,000. food and packaging costs : for fiscal 2019 , food and packaging costs increased $ 2,215,000 from $ 30,256,000 ( 30.7 % of restaurant sales ) in fiscal 2018 to $ 32,471,000 ( 29.6 % of restaurant sales ) . bad daddy 's food and packaging costs were $ 23,006,000 ( 28.8 % of restaurant sales ) in fiscal 2019 , up from $ 20,048,000 ( 29.7 % of restaurant sales ) in fiscal 2018. this increase is due to a greater number of operating weeks resulting from restaurants opened during fiscal 2018 and 2019. the decrease as a percent of sales is due to lower input costs , primarily ground beef and bacon , coupled with menu price increases and various purchasing initiatives during the year . 22 good times food and packaging costs were $ 9,465,000 ( 31.5 % of restaurant sales ) in fiscal 2019 , down from $ 10,208,000 ( 32.8 % of restaurant sales ) in fiscal 2018. compared to fiscal 2018 the cost index on our weighted basket of goods remained relatively flat during fiscal 2019. good times uses all-natural beef and did not see the same decline in costs as bad daddy 's . payroll and other employee benefit costs : for fiscal 2019 , payroll and other employee benefit costs increased $ 5,568,000 from $ 35,653,000 ( 36.2 % of restaurant sales ) in fiscal 2018 to $ 41,221,000 ( 37.5 % of restaurant sales ) . bad daddy 's payroll and other employee benefit costs were $ 30,224,000 ( 37.9 % of restaurant sales ) for fiscal 2019 , up from $ 24,861,000 ( 36.9 % of restaurant sales ) in fiscal 2018. the $ 5,363,000 increase was primarily attributable to the four new restaurants opened in fiscal 2019 and a full year of operations for restaurants opened in the prior fiscal year . the increase of 1.0 % in payroll and other employee benefit costs as a percentage of restaurant sales was mainly due to increased wages for both front of the house and back of house employees . colorado has a higher statutory minimum wage for tipped employees as compared to the other states in which we operate . we estimate that the colorado minimum wage for tipped employees results in higher total labor costs in our colorado restaurants of approximately 6.0 % of restaurant sales compared to our restaurants in jurisdictions subject only to federal minimum wage legislation . good times payroll and other employee benefit costs were $ 10,997,000 ( 36.6 % of restaurant sales ) in fiscal 2019 , up from $ 10,792,000 ( 34.7 % of restaurant sales ) in fiscal 2018. payroll and other employee benefits decreased approximately $ 281,000 in fiscal 2019 due to two company-owned restaurants that were closed in january and april of 2018. this was offset by a $ 486,000 increase in payroll and other employee benefit expenses primarily due to an increase in the average wage paid to our employees , which increased approximately 11 % in fiscal 2019 compared to fiscal 2018. the 11 % increase is attributable to a very competitive labor market in colorado and state mandated increases in the minimum wage rate . occupancy costs : occupancy costs include rent , real and personal property taxes , common area maintenance expenses , licenses and insurance expense . for fiscal 2019 , occupancy costs increased $ 1,094,000 from $ 7,261,000 ( 7.4 % of restaurant sales ) in fiscal 2018 to $ 8,355,000 ( 7.6 % of restaurant sales ) . bad daddy 's occupancy costs were $ 5,413,000 ( 6.8 % of restaurant sales ) for fiscal 2019 , up from $ 4,348,000 ( 6.4 % of restaurant sales ) in fiscal 2018. the $ 1,065,000 increase was primarily attributable to the four new restaurants opened in fiscal 2019 and a full year of operations for restaurants opened in the prior fiscal year . good times occupancy costs were $ 2,942,000 ( 9.8 % of restaurant sales ) in fiscal 2019 , up from $ 2,913,000 ( 9.4 % of restaurant sales ) in fiscal 2018. occupancy costs decreased approximately $ 57,000 in fiscal 2019 due to two company-owned restaurants that were closed in january and april of 2018. the decrease was offset by an $ 86,000 increase in occupancy costs primarily attributable to increases in property tax and common area costs . other operating costs : for fiscal 2019 , other operating costs increased $ 2,187,000 from $ 9,283,000 ( 9.4 % of restaurant sales ) in fiscal 2018 to $ 11,470,000 ( 10.4 % of restaurant sales ) . story_separator_special_tag 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 under which we are contingently liable . however , there can be no assurance that there will not be defaults in the future , which could have a material adverse effect on our future operating results . critical accounting policies and estimates : our consolidated financial statements and accompanying notes are prepared in accordance with gaap . preparing consolidated financial statements requires us to make estimates and assumptions that affect the reported amounts of assets , liabilities , revenue and expenses . these estimates and assumptions are affected by the application of our accounting policies . our significant accounting policies are described in note 1 to our consolidated financial statements . critical accounting estimates are those that require application of management 's most difficult , subjective or complex judgments , often as a result of matters that are inherently uncertain and may change in subsequent periods . while we apply our judgment based on assumptions believed to be reasonable under the circumstances , actual results could vary from these assumptions . it is possible that materially different amounts would be reported using different assumptions . the following is a description of what we consider to be our most significant accounting policies . leases : we lease real estate for various restaurant locations under long-term non-cancelable leases from unrelated third parties . all of our real estate leases are classified as operating leases under asc 840—leases . the lease term begins on the date we become legally obligated for the rent payments or we take possession of the building or land , whichever is earlier . the lease term includes cancelable option periods where failure to exercise such options would result in an economic penalty . lease term is determined at lease inception and includes the initial term of the lease plus any renewal periods that are reasonably assured to occur . certain of our operating leases contain predetermined fixed escalations of the minimum rent during the term of the lease . for these leases , we recognize the related rent expense on a straight-line basis over the lease term and record the difference between the amounts charged to operations and amounts paid as deferred rent . most of our leases contain rent holidays , which typically begin on the possession date and end on the date the restaurant opens , during which no cash rent payments are due under the terms of the lease . rent holidays are included in the lease term when determining straight-line rent expense , and the rent incurred before the restaurant opens is charged to preopening costs . additionally , certain of our operating leases contain clauses that provide for additional contingent rent based on a percentage of sales greater than certain specified target amounts . we recognize contingent rent expense provided the achievement of that target is probable . deferred rent : the excess of cumulative rent expense ( recognized on a straight-line basis ) over cumulative rent payments made on leases is recognized as a deferred rent liability in the accompanying balance sheets . also included in deferred rent are lease incentives provided by landlords upon entering into leases , often related to landlord payments for tenant improvements that we commonly negotiate when opening new restaurants to help fund build-out costs . these costs typically include general construction to alter the layout of the restaurant , leasehold improvements , and other miscellaneous items . we capitalize leasehold improvements and record a deferred liability for the amount of cash received from the landlord , which is amortized on a straight-line basis over the lease term as defined above . the amortization of the deferred liability related to these tenant improvements is recorded as a reduction of rent expense . we make judgments regarding the probable term for each restaurant lease , which can impact the rent holiday and or escalations in payments that are taken into consideration when calculating the straight-line rent and the term over which leasehold improvements and deferred lease incentives for each restaurant are amortized . these judgments may produce materially different amounts of depreciation , amortization , and rent expense than would be reported if different assumed lease terms were used . non-controlling interests : non-controlling interests , previously called minority interests , are presented as a separate item in the equity section of the consolidated balance sheet . consolidated net income or loss attributable to non-controlling interests are presented on the face of the consolidated statement of operations . additionally , changes in a parent 's ownership interest in a subsidiary that do not result in deconsolidation are equity transactions , and that deconsolidation of a subsidiary is recorded as a gain or loss based on the fair value on the deconsolidation date . 28 income taxes : we account for income taxes under 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 . we provide a valuation allowance , if necessary , to reduce deferred tax assets to their estimated realizable value . we continually review the realizability of our deferred tax assets , including an analysis of factors such as future taxable income , reversal of existing taxable temporary differences , and tax planning strategies . we assessed whether a valuation allowance should be recorded against our deferred tax assets based on consideration of all available evidence , using a “ more likely than not ” standard .

