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Note 9
 6 Months Ended
Mar. 29, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

Note 9

We principally sell our products to the food service and retail supermarket industries. Sales and results of our frozen beverages business are monitored separately from the balance of our food service business because of different distribution and capital requirements. We maintain separate and discrete financial information for the three operating segments mentioned above which is available to our Chief Operating Decision Makers.


We have applied no aggregation criteria to any of these operating segments in order to determine reportable segments. Our three reportable segments are Food Service, Retail Supermarkets and Frozen Beverages. All inter-segment net sales and expenses have been eliminated in computing net sales and operating income (loss). These segments are described below.


Food Service


The primary products sold by the food service group are soft pretzels, frozen juice treats and desserts, churros, dough enrobed handheld products and baked goods. Our customers in the food service industry include snack bars and food stands in chain, department and discount stores; malls and shopping centers; fast food outlets; stadiums and sports arenas; leisure and theme parks; convenience stores; movie theatres; warehouse club stores; schools, colleges and other institutions. Within the food service industry, our products are purchased by the consumer primarily for consumption at the point-of-sale.


Retail Supermarkets


The primary products sold by the retail supermarket segment are soft pretzel products – including SUPERPRETZEL, frozen juice treats and desserts including LUIGI’S Real Italian Ice, MINUTE MAID Juice Bars and Soft Frozen Lemonade, WHOLE FRUIT frozen fruit bars, WHOLE FRUIT Sorbet, ICEE Squeeze-Up Tubes, dough enrobed handheld products and TIO PEPE’S Churros. Within the retail supermarket channel, our frozen and prepackaged products are purchased by the consumer for consumption at home.


Frozen Beverages


SLUSH PUPPIE and PARROT ICE in the United States, Mexico and Canada. We also provide repair and maintenance service to customers for customers’ owned equipment.


The Chief Operating Decision Maker for Food Service and Retail Supermarkets and the Chief Operating Decision Maker for Frozen Beverages monthly review detailed operating income statements and sales reports in order to assess performance and allocate resources to each individual segment. In addition, the Chief Operating Decision Makers review and evaluate depreciation, capital spending and assets of each segment on a quarterly basis to monitor cash flow and asset needs of each segment. Information regarding the operations in these three reportable segments is as follows:


   

Three months ended

   

Six months ended

 
   

March 29,

2014

   

March 30,

2013

   

March 29,

2014

   

March 30,

2013

 
   

(unaudited)

 
   

(in thousands)

 

Sales to External Customers:

                               

Food Service

                               

Soft pretzels

  $ 38,815     $ 35,337     $ 78,123     $ 67,931  

Frozen juices and ices

    11,857       10,122       20,086       17,649  

Churros

    13,430       14,067       27,381       27,874  

Handhelds

    5,712       6,938       12,116       13,252  

Bakery

    66,169       67,084       135,245       135,389  

Other

    2,346       1,845       4,158       3,485  
    $ 138,329     $ 135,393     $ 277,109     $ 265,580  
                                 

Retail Supermarket

                               

Soft pretzels

  $ 10,309     $ 10,046     $ 19,224     $ 18,624  

Frozen juices and ices

    8,402       8,998       14,825       15,468  

Handhelds

    4,815       5,117       10,102       11,430  

Coupon redemption

    (689 )     (754 )     (1,369 )     (1,543 )

Other

    213       146       432       277  
    $ 23,050     $ 23,553     $ 43,214     $ 44,256  
                                 

Frozen Beverages

                               

Beverages

  $ 26,713     $ 25,183     $ 51,902     $ 50,480  

Repair and maintenance service

    13,135       12,710       26,744       24,552  

Machines sales

    3,759       3,945       9,282       6,993  

Other

    335       542       593       873  
    $ 43,942     $ 42,380     $ 88,521     $ 82,898  
                                 

Consolidated Sales

  $ 205,321     $ 201,326     $ 408,844     $ 392,734  
                                 

Depreciation and Amortization:

                               

Food Service

  $ 5,233     $ 4,717     $ 10,372     $ 9,226  

Retail Supermarket

    8       7       16       15  

Frozen Beverages

    3,921       3,541       7,714       7,011  
    $ 9,162     $ 8,265     $ 18,102     $ 16,252  
                                 

Operating Income:

                               

Food Service

  $ 17,562     $ 15,363     $ 32,713     $ 27,960  

Retail Supermarket

    2,602       2,404       4,566       3,974  

Frozen Beverages

    168       1,392       1,024       2,286  
    $ 20,332     $ 19,159     $ 38,303     $ 34,220  
                                 

Capital Expenditures:

                               

Food Service

  $ 4,991     $ 4,682     $ 10,839     $ 9,942  

Retail Supermarket

    -       -       -       -  

Frozen Beverages

    6,517       3,394       9,986       5,615  
    $ 11,508     $ 8,076     $ 20,825     $ 15,557  
                                 

Assets:

                               

Food Service

  $ 505,745     $ 471,807     $ 505,745     $ 471,807  

Retail Supermarket

    6,051       6,082       6,051       6,082  

Frozen Beverages

    154,198       141,944       154,198       141,944  
    $ 665,994     $ 619,833     $ 665,994     $ 619,833