XML 16 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 4 - Segment Information
 3 Months Ended
Jan. 24, 2014
Segment Reporting [Abstract]  
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 24, 2014 and January 25, 2013.


Twelve Weeks Ended

January 24, 2014

 

Frozen Food

Products

   

Refrigerated

and

Snack Food

Products

   

Other

   

Elimination

   

Totals

 

Sales to external customers

  $ 12,905     $ 19,561     $ -     $ -     $ 32,466  

Intersegment sales

    -       186       -       (186

)

    -  

Net sales

    12,905       19,747       -       (186

)

    32,466  

Cost of products sold

    8,168       14,216       -       (186

)

    22,198  

Gross margin

    4,737       5,531       -       -       10,268  

Selling, general and administrative expenses

    3,872       6,149       -       -       10,021  

Income (loss) before taxes

    865       (618

)

    -       -       247  
                                         

Total assets

  $ 11,884     $ 25,949     $ 25,557     $ -     $ 63,390  

Additions to property, plant and equipment

  $ 80     $ 453     $ (37

)

  $ -     $ 496  

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