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Note 7 - Segment Information
 12 Months Ended
Nov. 01, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

NOTE 7- Segment Information:


We have 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 and marketing management at the corporate level. These activities are allocated to each operating segment based on revenues and/or actual usage.


The following segment information is for the fiscal years ended November 1, 2013 (52 weeks) and November 2, 2012 (53 weeks):


2013

 

Frozen Food

Products

   

Refrigerated

and Snack Food

Products

   

Other

   

Elimination

   

Totals

 

Sales

  $ 51,449       77,554       -       -     $ 129,003  

Intersegment sales

            986       -       986          

Net sales

    51,449       78,540       -       986       129,003  

Cost of products sold

    32,437       52,115       -       986       83,566  

Gross margin

    19,012       26,425       -       -       45,437  

Selling, general and administrative expenses

    16,635       25,717       -       -       42,352  

Income before taxes

    2,377       708       -       -       3,085  
                                         

Total assets

  $ 13,009       29,821       21,934       -     $ 64,764  

Additions to property, plant and equipment

  $ 1,032       3,164       182       -     $ 4,378  

2012

 

Frozen Food

Products

   

Refrigerated

and Snack Food

Products

   

Other

   

Elimination

   

Totals

 

Sales

  $ 55,435       71,920       -       -     $ 127,355  

Intersegment sales

            954       -       954          

Net sales

    55,435       72,874       -       954       127,355  

Cost of products sold

    34,102       49,911       -       954       83,059  

Gross margin

    21,333       22,963       -       -       44,296  

Selling, general and administrative expenses

    17,338       22,842       100       -       40,280  

Income before taxes

    3,995       121       100       -       4,016  
                                         

Total assets

  $ 13,088       25,576       22,886       -     $ 61,550  

Additions to property, plant and equipment

  $ 227       747       66       -     $ 1,040