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Note 4 - Segment Information
 8 Months Ended
Jul. 10, 2015
Notes to Financial Statements  
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 Snack Food Products (the processing and distribution of 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 10, 2015 and July 11, 2014. 
 
Segment Information
 
 
 
 
 
Twelve weeks Ended
July 10, 2015
 
Frozen
Food
Products
 
 
Snack Food
Products
 
 
Other
 
 
Elimination
 
 
Totals
 
 
Refrigerated
Deli
Products
Division*
 
Sales
   $ 9,869     $ 16,620     $ -     $ -     $ 26,489     $ -  
Intersegment sales
     -       -       -       -       -       -  
Net sales
     9,869       16,620       -       -       26,489       -  
Cost of products sold
     6,047       9,822       -       -       15,869       -  
Gross margin
     3,822       6,798       -       -       10,620       -  
SG&A
     3,237       5,386       -       -       8,623       -  
Income before taxes
     585       1,412       -       -       1,997       -  
                                                 
Total assets
   $ 9,741     $ 25,963     $ 24,573     $ -     $ 60,277     $ -  
Additions to PP&E
   $ 35     $ 222     $ (1
)
   $ -     $ 256     $ -  
 
Segment Information
 
 
 
 
 
Twelve weeks Ended
July 11, 2014
 
Frozen
Food
Products
 
 
Refrigerated
and Snack
Food
Products
 
 
Other
 
 
Elimination
 
 
Totals
 
 
Refrigerated
Deli
Products
Division*
 
Sales
   $ 10,093     $ 17,822     $ -     $ -     $ 27,915     $ 1,909  
Intersegment sales
     -       35       -       (35
)
     -       -  
Net sales
     10,093       17,857       -       (35
)
     27,915       1,909  
Cost of products sold
     6,639       13,882       -       (35
)
     20,486       1,460  
Gross margin
     3,454       3,975       -       -       7,429       449  
SG&A
     3,524       6,288       -       -       9,812       1,193  
Income before taxes
     (70
)
     (2,313
)
     -       -       (2,383
)
     (744
)
                                                 
Total assets
   $ 10,999     $ 31,834     $ 15,366     $ -     $ 58,199     $ -  
Additions to PP&E
   $ 46     $ 752     $ 25     $ -     $ 823     $ -  
 
* = At the end of fiscal year 2014, the Company discontinued operation of the Refrigerated Deli Products Division which was previously included within the Refrigerated and Snack Food Products segment. 
 
 
Segment Information
 
 
 
 
 
Thirty-six weeks Ended
July 10, 2015
 
Frozen
Food
Products
 
 
Refrigerated
and Snack
Food
Products
 
 
Other
 
 
Elimination
 
 
Totals
 
 
Refrigerated
Deli
Products
Division*
  
Sales
   $ 34,082     $ 53,814     $ -     $ -     $ 87,896     $ -  
Intersegment sales
     -       -       -       -       -       -  
Net sales
     34,082       53,814       -       -       87,896       -  
Cost of products sold
     20,961       36,421       -       -       57,382       -  
Gross margin
     13,121       17,393       -       -       30,514       -  
SG&A
     10,033       15,815       -       -       25,848       -  
Income before taxes
     3,088       1,578       -       -       4,666       -  
                                                 
Total assets
   $ 9,741     $ 25,963     $ 24,573     $ -     $ 60,277     $ -  
Additions to PP&E
   $ 88     $ 451     $ 10     $ -     $ 549     $ -  
 
Segment Information
 
 
 
 
 
Thirty-six weeks Ended
July 11, 2014
 
Frozen
Food
Products
 
 
Refrigerated
and Snack
Food
Products
 
 
Other
 
 
Elimination
 
 
Totals
 
 
Refrigerated
Deli
Products
Division*
  
Sales
   $ 35,128     $ 56,496     $ -     $ -     $ 91,624     $ 5,919  
Intersegment sales
     -       370       -       (370
)
     -       -  
Net sales
     35,128       56,866       -       (370
)
     91,624       5,919  
Cost of products sold
     22,303       43,059       -       (370
)
     64,992       3,997  
Gross margin
     12,825       13,807       -       -       26,632       1,922  
SG&A
     11,344       18,717       -       -       30,061       3,570  
Income before taxes
     1,481       (4,910
)
     -       -       (3,429
)
     (1,648
)
                                                 
Total assets
   $ 10,999     $ 31,834     $ 15,366     $ -     $ 58,199     $ -  
Additions to PP&E
   $ 134     $ 2,862     $ (10
)
   $ -     $ 2,986     $ -