BOWL AMERICA INC

CIK:0000013573|SEC Filings

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 28, 2021	Mar. 29, 2020	Mar. 28, 2021	Mar. 29, 2020
Operating Revenues:
Operating revenue	$ 3,588,892	$ 6,259,610	$ 7,744,751	$ 17,549,080
Operating Expenses:
Employee compensation and benefits	1,592,258	2,648,427	4,463,031	8,106,410
Depreciation and amortization	243,408	243,808	739,024	714,560
General and administrative	177,999	277,030	527,073	884,369
Total Operating Expenses	3,262,459	5,164,462	9,264,279	15,720,588
Operating Income (loss)	326,433	1,095,148	(1,519,528)	1,828,492
Interest, dividend and other income	95,489	96,842	277,653	313,163
Change in value of investments	119,969	(1,000,868)	420,786	(410,933)
Earnings (loss) before provision for income taxes	541,891	191,122	(821,089)	1,730,722
Provision for income taxes	131,505	33,800	(191,970)	410,400
Net Earnings (loss)	$ 410,386	$ 157,322	$ (629,119)	$ 1,320,322
Earnings (loss) per share-basic & diluted (in dollars per share)	$ 0.08	$ 0.03	$ (0.12)	$ 0.26
Weighted average shares outstanding (in shares)	5,160,971	5,160,971	5,160,971	5,160,971
Dividends paid		$ 903,170		$ 2,709,511
Common Class A [Member]
Operating Expenses:
Per share, dividends paid (in dollars per share)		$ 0.175		$ 0.525
Common Class B [Member]
Operating Expenses:
Per share, dividends paid (in dollars per share)		$ 0.175		$ 0.525
Bowling and Other [Member]
Operating Revenues:
Operating revenue	$ 2,555,725	$ 4,455,810	$ 5,545,779	$ 12,376,206
Operating Expenses:
Cost of goods and services sold	933,651	1,462,254	2,840,934	4,477,990
Food, Beverage, and Merchandise [Member]
Operating Revenues:
Operating revenue	1,033,167	1,803,800	2,198,972	5,172,874
Operating Expenses:
Cost of goods and services sold	$ 315,143	$ 532,943	$ 694,217	$ 1,537,259