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Segment Information
 3 Months Ended
Jan. 20, 2017
Segment Reporting [Abstract]  
Segment Information

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. Assets managed at the corporate level have been included as “other” in the accompanying segment information.

 

The following segment information is presented for the twelve weeks ended January 20, 2017 and January 22, 2016.

 

Segment Information

 

Twelve weeks Ended

January 20, 2017

   Frozen Food Products     Snack Food Products     Other     Totals  
Sales   $ 11,715     $ 28,366     $ -     $ 40,081  
Cost of products sold     7,364       17,802       -       25,166  
Gross margin     4,351       10,564       -       14,915  
SG&A     3,573       7,892       -       11,465  
Income before taxes     778       2,672       -       3,450  
                                 
Total assets   $ 10,290     $ 36,465     $ 42,608     $ 89,363  
Additions to PP&E   $ 25     $ 1,019     $ -     $ 1,044  

 

Twelve weeks Ended

January 22, 2016

   Frozen Food Products     Snack Food Products     Other     Totals  
Sales   $ 11,486     $ 24,670     $ -     $ 36,156  
Cost of products sold     7,106       15,271       -       22,377  
Gross margin     4,380       9,399       -       13,779  
SG&A     3,649       7,029       -       10,678  
Income before taxes     731       2,370       -       3,101  
                                 
Total assets   $ 10,093     $ 29,163     $ 37,511     $ 76,767  
Additions to PP&E   $ 71     $ 509     $ (2 )   $ 578