XML 14 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 4 - Segment Information
9 Months Ended
Jul. 06, 2012
Segment Reporting Disclosure [Text Block]
Note 4 - Segment Information:

The Company has two reportable operating segments, Frozen Food Products (the processing and distribution of frozen products) and Refrigerated and Snack Food Products (the processing and distribution of refrigerated meat and other convenience foods).
We evaluate each segment's performance based on revenues and operating income. Selling, general and administrative expenses include corporate accounting, information systems, human resource management and marketing, which are managed at the corporate level. These activities are allocated to each operating segment based on revenues and/or actual usage.
The following segment information is presented for the twelve and thirty-six weeks ended July 6, 2012 and July 8, 2011.

Twelve Weeks Ended
July 6, 2012
 
Frozen Food
Products
   
Refrigerated and
Snack Food
Products
   
Other
   
Elimination
   
Totals
 
Sales to external customers
 
$
11,186
   
$
16,676
   
$
-
   
$
-
   
$
27,862
 
Intersegment sales
   
-
     
254
     
-
     
254
     
-
 
Net sales
   
11,186
     
16,930
     
-
     
254
     
27,862
 
Cost of products sold
   
6,641
     
11,274
     
-
     
254
     
17,661
 
Gross margin
   
4,545
     
5,656
     
-
     
-
     
10,201
 
Selling, general and administrative expenses
   
3,820
     
5,527
     
(7
   
-
     
9,340
 
Income before taxes
   
725
     
129
     
7
     
-
     
861
 
                                         
Total assets
 
$
11,961
   
$
22,765
   
$
24,466
   
$
-
   
$
59,192
 
Additions to property, plant and equipment (includes non cash purchase of transportation equipment)
 
$
1,922
   
$
64
   
$
3
   
$
-
   
$
1,989
 

Twelve Weeks Ended
July 8, 2011
 
Frozen Food
Products
   
Refrigerated and
Snack Food
Products
   
Other
   
Elimination
   
Totals
 
Sales to external customers
 
$
10,993
   
$
15,618
   
$
-
   
$
-
   
$
26,611
 
Intersegment sales
   
-
     
254
     
-
     
254
     
-
 
Net sales
   
10,993
     
15,872
     
-
     
254
     
26,611
 
Cost of products sold
   
7,041
     
11,625
     
-
     
254
     
18,412
 
Gross margin
   
3,952
     
4,247
     
-
     
-
     
8,199
 
Selling, general and administrative expenses
   
3,790
     
4,980
     
12
     
-
     
8,782
 
Income (loss) before taxes
   
162
     
(733
)
   
(12
)
   
-
     
(583
)
                                         
Total assets
 
$
10,424
   
$
25,476
   
$
22,231
   
$
-
   
$
58,131
 
Additions to property, plant and equipment
 
$
472
   
$
423
   
$
-
   
$
-
   
$
895
 

Thirty-Six Weeks Ended
July 6, 2012
 
Frozen Food
Products
   
Refrigerated and
Snack Food
Products
   
Other
   
Elimination
   
Totals
 
Sales to external customers
 
$
37,448
   
$
47,442
   
$
-
   
$
-
   
$
84,890
 
Intersegment sales
   
-
     
639
     
-
     
639
     
-
 
Net sales
   
37,448
     
48,081
     
-
     
639
     
84,890
 
Cost of products sold
   
23,071
     
33,953
     
-
     
639
     
56,385
 
Gross margin
   
14,377
     
14,128
     
-
     
-
     
28,505
 
Selling, general and administrative expenses
   
11,618
     
15,290
     
(26
)
   
-
     
26,882
 
Income (loss) before taxes
   
2,759
     
(1,162
)
   
26
     
-
     
1,623
 
                                         
Total assets
 
$
11,961
   
$
22,765
   
$
24,466
   
$
-
   
$
59,192
 
Additions to property, plant and equipment (includes non cash purchase of transportation equipment)
 
$
1,964
   
$
292
   
$
22
   
$
-
   
$
2,278
 

Thirty-Six Weeks Ended
July 8, 2011
 
Frozen Food
Products
   
Refrigerated and
Snack Food
Products
   
Other
   
Elimination
   
Totals
 
Sales to external customers
 
$
37,378
   
$
43,220
   
$
-
   
$
-
   
$
80,598
 
Intersegment sales
   
-
     
767
     
-
     
767
     
-
 
Net sales
   
37,378
     
43,987
     
-
     
767
     
80,598
 
Cost of products sold
   
23,130
     
31,769
     
-
     
767
     
54,132
 
Gross margin
   
14,248
     
12,218
     
-
     
-
     
26,466
 
Selling, general and administrative expenses
   
11,517
     
14,911
     
(4
)
   
-
     
26,424
 
Income (loss) before taxes
   
2,731
     
(2,693
)
   
4
     
-
     
42
 
                                         
Total assets
 
$
10,424
   
$
25,476
   
$
22,231
   
$
-
   
$
58,131
 
Additions to property, plant and equipment
 
$
612
   
$
782
   
$
158
   
$
-
   
$
1,552