Ricky is afraid he'll feel left out on a skiing trip with his father when Kate unexpectedly joins them.

Edward lets Ricky try his hand at managing an ice cream parlor.

Ricky is convinced that his father doesn't love him because he never gets punished. Edward (Joel Higgins) overreacts when Ricky (Ricky Schroder) is beaten up on his first day at school: he hires the formidable Mr. T. ("Rocky III") as a bodyguard.

Nothing disturbs the easy irresponsibility of wealthy Edward Stratton III (Joel Hlgglns), who's content to play with his collection of electronlc games-untll 12-year-old Rlcky (Rlcky Schroder) shows up, claiming to be Edward's homeless son. In the opener, Edward gets another jolt when he learns he's on the brink of financial disaster.