XML 15 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 4- Segment Information
 3 Months Ended
Jan. 25, 2013
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 weeks ended January 25, 2013 and January 20, 2012.

Twelve Weeks Ended
January 25, 2013
 
Frozen Food
Products
   
Refrigerated and
Snack Food
Products
   
Other
   
Elimination
   
Totals
 
Sales to external customers
 
$
12,500
   
$
18,271
   
$
-
   
$
-
   
$
30,771
 
Intersegment sales
   
-
     
195
     
-
     
(195
)
   
-
 
Net sales
   
12,500
     
18,466
     
-
     
(195
)
   
30,771
 
Cost of products sold
   
7,606
     
11,327
     
-
     
(195
)
   
18,738
 
Gross margin
   
4,894
     
7,139
     
-
     
-
     
12,033
 
Selling, general and administrative expenses
   
4,036
     
6,108
     
(5
)
   
-
     
10,139
 
Income before taxes
   
858
     
1,031
     
5
     
-
     
1,894
 
                                         
Total assets
 
$
12,808
   
$
29,465
   
$
19,669
   
$
-
   
$
61,942
 
Additions to property, plant and equipment
 
$
84
   
$
629
   
$
(21
)
 
$
-
   
$
692
 

Twelve Weeks Ended
January 20, 2012
 
Frozen Food
Products
   
Refrigerated and
Snack Food
Products
   
Other
   
Elimination
   
Totals
 
Sales to external customers
 
$
13,653
   
$
16,062
   
$
-
   
$
-
   
$
29,715
 
Intersegment sales
   
-
     
186
     
-
     
(186
)
   
-
 
Net sales
   
13,653
     
16,248
     
-
     
(186
)
   
29,715
 
Cost of products sold
   
8,803
     
12,535
     
-
     
(186
)
   
21,152
 
Gross margin
   
4,850
     
3,713
     
-
     
-
     
8,563
 
Selling, general and administrative expenses
   
3,859
     
5,002
     
(20
)
   
-
     
8,841
 
Income (loss) before taxes
   
991
     
(1,289
)
   
20
     
-
     
(278
)
                                         
Total assets
 
$
10,805
   
$
22,295
   
$
23,111
   
$
-
   
$
56,211
 
Additions to property, plant and equipment
 
$
19
   
$
233
   
$
11
   
$
-
   
$
263