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Note 7 - Segment Information
 12 Months Ended
Oct. 31, 2014
Notes to Financial Statements  
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 October 31, 2014 (52 weeks) and November 1, 2013 (52 weeks):
 
Segment Information
 
 
 
 
 
2014
 
Frozen Food
Products
 
 
Refrigerated
and Snack Food
Products
 
 
Other
 
 
Elimination
 
 
Totals
 
 
Refrigerated
Products Division
*
 
Sales
   $ 50,740       82,661       -       -     $ 133,401       6,650  
Intersegment sales
             446       -       446       -       -  
Net sales
     50,740       83,107       -       446       133,401       6,650  
Cost of products sold
     31,790       63,400       -       446       94,744       4,704  
Gross margin
     18,950       19,707       -       -       38,657       1,946  
SG&A
     15,715       27,374       -       -       43,089       5,002  
Income before taxes
     3,235       (7,667
)
     -       -       (4,432
)
     (3,056
)
                                                 
Total assets
   $ 11,332       32,427       14,417       -     $ 58,176          
Additions to PP&E
   $ 201       3,601       75       -     $ 3,877          
 
 
 
Segment Information
 
 
 
 
 
2013
 
Frozen Food
Products
 
 
Refrigerated
and Snack Food
Products
 
 
Other
 
 
Elimination
 
 
Totals
 
 
Refrigerated
Products Division
*
 
Sales
   $ 51,449       77,554       -       -     $ 129,003       11,527  
Intersegment sales
             986       -       986       -       -  
Net sales
     51,449       78,540       -       986       129,003       11,527  
Cost of products sold
     32,437       52,115       -       986       83,566       6,790  
Gross margin
     19,012       26,425       -       -       45,437       4,737  
SG&A
     16,635       25,717       -       -       42,352       6,154  
Income before taxes
     2,377       708       -       -       3,085       (1,417
)
                                                 
Total assets
   $ 13,009       29,821       21,934       -     $ 64,764          
Additions to PP&E
   $ 1,032       3,164       182       -     $ 4,378          
 
 
* = At the end of fiscal year 2014, the Company discontinued operation of the refrigerated snack food products division which was reported under the Refrigerated and Snack Food Products segment involving primarily deli products.