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Note 7 - Segment Information
 12 Months Ended
Oct. 30, 2015
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 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 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 30, 2015 (52 weeks) and October 31, 2014 (52 weeks):
 
Segment Information
 
2015
 
Frozen Food
Products
 
 
Snack Food
Products
 
 
Other
 
 
Elimination
 
 
Totals
 
Sales
   $ 50,549       79,899       -       -     $ 130,448  
Intersegment sales
     -       -       -       -       -  
Net sales
     50,549       79,899       -       -       130,448  
Cost of products sold
     30,372       53,207       -       -       83,579  
Gross margin
     20,177       26,692       -       -       46,869  
SG&A
     14,625       24,126       -       -       38,751  
Income before taxes
     5,552       2,566       -       -       8,118  
                                         
Total assets
   $ 11,206       33,853       30,243       -     $ 75,302  
Additions to PP&E
   $ 186       1,231       (13
)
     -     $ 1,404  
 
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       5,001  
Income before taxes
     3,235       (7,667
)
     -       -       (4,432
)
     (3,055
)
                                                 
Total assets
   $ 11,332       32,427       14,417       -     $ 58,176          
Additions to PP&E
   $ 201       3,601       75       -     $ 3,877          
 
 
* = At the end of fiscal year 2014, we discontinued operation of the refrigerated snack food products division which was reported under the Refrigerated and Snack Food Products segment.