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Segment Information | 12 Months Ended
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Nov. 01, 2019
Segment Reporting [Abstract] |
Segment Information | 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 November 1, 2019 (52 weeks) and November 2, 2018 (52 weeks):
Segment Information
2019 |  | Frozen Food Products |  |  | Snack Food Products |  |  | Other |  |  | Totals |
Net Sales |  | $ | 51,234 |  |  | $ | 137,551 |  |  | $ | - |  |  | $ | 188,785 |
Cost of products sold |  |  | 33,444 |  |  |  | 93,677 |  |  |  | - |  |  |  | 127,121 |
Gross margin |  |  | 17,790 |  |  |  | 43,874 |  |  |  | - |  |  |  | 61,664 |
SG&A |  |  | 14,867 |  |  |  | 37,970 |  |  |  | - |  |  |  | 52,837 |
(Gain) loss on sale of property, plant and equipment |  |  | (4 | ) |  |  | 294 |  |  |  | - |  |  |  | 290 |
Income before taxes |  | $ | 2,927 |  |  | $ | 5,610 |  |  | $ | - |  |  | $ | 8,537 |
Total assets |  | $ | 12,198 |  |  | $ | 90,221 |  |  | $ | 21,037 |  |  | $ | 123,456 |
Additions to PP&E |  | $ | 654 |  |  | $ | 25,085 |  |  | $ | - |  |  | $ | 25,739 |
Segment Information
2018 |  | Frozen Food Products |  |  | Snack Food Products |  |  | Other |  |  | Totals |
Net Sales |  | $ | 47,266 |  |  | $ | 126,991 |  |  | $ | - |  |  | $ | 174,257 |
Cost of products sold |  |  | 30,992 |  |  |  | 86,759 |  |  |  | - |  |  |  | 117,751 |
Gross margin |  |  | 16,274 |  |  |  | 40,232 |  |  |  | - |  |  |  | 56,506 |
SG&A |  |  | 14,226 |  |  |  | 35,703 |  |  |  | - |  |  |  | 49,929 |
Gain on sale of property, plant and equipment |  |  | (242 | ) |  |  | (17 | ) |  |  | (5,977 | ) |  |  | (6,236 | )
Income before taxes |  | $ | 2,290 |  |  | $ | 4,546 |  |  | $ | 5,977 |  |  | $ | 12,813 |
Total assets |  | $ | 11,902 |  |  | $ | 64,429 |  |  | $ | 25,163 |  |  | $ | 101,494 |
Additions to PP&E |  | $ | 981 |  |  | $ | 17,166 |  |  | $ | - |  |  | $ | 18,147 |
The following information further disaggregates our sales to customers by major distribution channel and customer type for the fiscal year ended November 1, 2019.
2019 Distribution Channel |  | Retail (a) |  |  | Foodservice (b) |  |  | Totals |
Direct store delivery |  | $ | 100,936 |  |  | $ | - |  |  | $ | 100,936 |
Direct customer warehouse |  |  | 36,615 |  |  |  | - |  |  |  | 36,615 |
Total Snack Food Products |  |  | 137,551 |  |  |  | - |  |  |  | 137,551 |
Distributors |  |  | 6,915 |  |  |  | 44,319 |  |  |  | 51,234 |
Total Frozen Food Products |  |  | 6,915 |  |  |  | 44,319 |  |  |  | 51,234 |
Total Net Sales |  | $ | 144,466 |  |  | $ | 44,319 |  |  | $ | 188,785 |
(a) Includes sales to food retailers, such as grocery retailers, warehouse club stores, and internet-based retailers. (b) Includes sales to foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities and the military.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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