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v3.23.2

Segment Information (Tables) | 8 Months Ended
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Jul. 07, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following segment information is presented for the twelve weeks ended July 7, 2023, and July 8, 2022, respectively. Schedule of Segment Reporting Information, by Segment
Twelve weeks Ended July 7, 2023 |  | Frozen Food Products |  |  | Snack Food Products |  |  | Other |  |  | Totals |
Segment Information
Twelve weeks Ended July 7, 2023 |  | Frozen Food Products |  |  | Snack Food Products |  |  | Other |  |  | Totals |
Sales |  | $ | 10,852 |  |  | $ | 43,337 |  |  | $ | - |  |  | $ | 54,189 |
Cost of products sold |  |  | 8,809 |  |  |  | 30,089 |  |  |  | - |  |  |  | 38,898 |
Gross margin |  |  | 2,043 |  |  |  | 13,248 |  |  |  | - |  |  |  | 15,291 |
SG&A |  |  | 2,900 |  |  |  | 11,757 |  |  |  | - |  |  |  | 14,657 |
Loss (gain) on sale of property, plant, and equipment |  |  | 61 |  |  |  | (24 | ) |  |  | - |  |  |  | 37 |
Operating (loss) income |  |  | (918 | ) |  |  | 1,515 |  |  |  | - |  |  |  | 597 |
Total assets |  | $ | 15,020 |  |  | $ | 128,690 |  |  | $ | 27,723 |  |  | $ | 171,433 |
Additions to PP&E |  | $ | 443 |  |  | $ | 651 |  |  | $ | - |  |  | $ | 1,094 |
Twelve weeks Ended July 8, 2022 |  | Frozen Food Products |  |  | Snack Food Products |  |  | Other |  |  | Totals |
Sales |  | $ | 11,713 |  |  | $ | 47,806 |  |  | $ | - |  |  | $ | 59,519 |
Cost of products sold |  |  | 8,752 |  |  |  | 33,746 |  |  |  | - |  |  |  | 42,498 |
Gross margin |  |  | 2,961 |  |  |  | 14,060 |  |  |  | - |  |  |  | 17,021 |
SG&A |  |  | 3,451 |  |  |  | 11,769 |  |  |  | - |  |  |  | 15,220 |
Gain on sale of property, plant, and equipment |  |  | (16 | ) |  |  | - |  |  |  | (57,629 | ) |  |  | (57,645 | )
Operating (loss) income |  |  | (474 | ) |  |  | 2,291 |  |  |  | 57,629 |  |  |  | 59,446 |
Total assets |  | $ | 13,719 |  |  | $ | 128,294 |  |  | $ | 38,581 |  |  | $ | 180,594 |
Additions to PP&E |  | $ | 799 |  |  | $ | 1,684 |  |  | $ | - |  |  | $ | 2,483 |
The following segment information is presented for the thirty-six weeks ended July 7, 2023, and July 8, 2022, respectively.
Thirty-six weeks Ended July 7, 2023 |  | Frozen Food Products |  |  | Snack Food Products |  |  | Other |  |  | Totals |
Sales |  | $ | 37,156 |  |  | $ | 134,165 |  |  | $ | - |  |  | $ | 171,321 |
Cost of products sold |  |  | 29,032 |  |  |  | 94,475 |  |  |  | - |  |  |  | 123,507 |
Gross margin |  |  | 8,124 |  |  |  | 39,690 |  |  |  | - |  |  |  | 47,814 |
SG&A |  |  | 9,786 |  |  |  | 35,606 |  |  |  | - |  |  |  | 45,392 |
Loss on sale of property, plant, and equipment |  |  | 92 |  |  |  | 105 |  |  |  | - |  |  |  | 197 |
Operating (loss) income |  |  | (1,754 | ) |  |  | 3,979 |  |  |  | - |  |  |  | 2,225 |
Total assets |  | $ | 15,020 |  |  | $ | 128,690 |  |  | $ | 27,723 |  |  | $ | 171,433 |
Additions to PP&E |  | $ | 1,030 |  |  | $ | 1,357 |  |  | $ | - |  |  | $ | 2,387 |
Thirty-six weeks Ended July 8, 2022 |  | Frozen Food Products |  |  | Snack Food Products |  |  | Other |  |  | Totals |
Sales |  | $ | 36,556 |  |  | $ | 147,035 |  |  | $ | - |  |  | $ | 183,591 |
Cost of products sold |  |  | 26,252 |  |  |  | 107,243 |  |  |  | - |  |  |  | 133,495 |
Gross margin |  |  | 10,304 |  |  |  | 39,792 |  |  |  | - |  |  |  | 50,096 |
SG&A |  |  | 9,824 |  |  |  | 35,305 |  |  |  | - |  |  |  | 45,129 |
Gain on sale of property, plant, and equipment |  |  | (16 | ) |  |  | (18 | ) |  |  | (57,629 | ) |  |  | (57,663 | )
Operating income |  |  | 496 |  |  |  | 4,505 |  |  |  | 57,629 |  |  |  | 62,630 |
Total assets |  | $ | 13,719 |  |  | $ | 128,294 |  |  | $ | 38,581 |  |  | $ | 180,594 |
Additions to PP&E |  | $ | 805 |  |  | $ | 2,307 |  |  | $ | - |  |  | $ | 3,112 |
Schedule of Disaggregates Our Sales to Customers | The following information further disaggregates our sales to customers by major distribution channel and customer type for the twelve weeks ended July 7, 2023, and July 8, 2022, respectively. Schedule of Disaggregates Our Sales to Customers Twelve weeks Ended July 7, 2023
Distribution Channel |  | Retail (a) |  |  | Foodservice (b) |  |  | Totals |
Direct store delivery |  | $ | 28,302 |  |  | $ | - |  |  | $ | 28,302 |
Direct customer warehouse |  |  | 15,035 |  |  |  | - |  |  |  | 15,035 |
Total Snack Food Products |  |  | 43,337 |  |  |  | - |  |  |  | 43,337 |
Distributors |  |  | 1,134 |  |  |  | 9,718 |  |  |  | 10,852 |
Total Frozen Food Products |  |  | 1,134 |  |  |  | 9,718 |  |  |  | 10,852 |
Totals |  | $ | 44,471 |  |  | $ | 9,718 |  |  | $ | 54,189 |
Twelve weeks Ended July 8, 2022
Distribution Channel |  | Retail (a) |  |  | Foodservice (b) |  |  | Totals |
Direct store delivery |  | $ | 29,914 |  |  | $ | - |  |  | $ | 29,914 |
Direct customer warehouse |  |  | 17,892 |  |  |  | - |  |  |  | 17,892 |
Total Snack Food Products |  |  | 47,806 |  |  |  | - |  |  |  | 47,806 |
Distributors |  |  | 1,205 |  |  |  | 10,508 |  |  |  | 11,713 |
Total Frozen Food Products |  |  | 1,205 |  |  |  | 10,508 |  |  |  | 11,713 |
Totals |  | $ | 49,011 |  |  | $ | 10,508 |  |  | $ | 59,519 |
(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.
The following information further disaggregates our sales to customers by major distribution channel and customer type for the thirty-six weeks ended July 7, 2023, and July 8, 2022, respectively. Thirty-six weeks Ended July 7, 2023
Distribution Channel |  | Retail (a) |  |  | Foodservice (b) |  |  | Totals |
Direct store delivery |  | $ | 91,400 |  |  | $ | - |  |  | $ | 91,400 |
Direct customer warehouse |  |  | 42,765 |  |  |  | - |  |  |  | 42,765 |
Total Snack Food Products |  |  | 134,165 |  |  |  | - |  |  |  | 134,165 |
Distributors |  |  | 5,618 |  |  |  | 31,538 |  |  |  | 37,156 |
Total Frozen Food Products |  |  | 5,618 |  |  |  | 31,538 |  |  |  | 37,156 |
Totals |  | $ | 139,783 |  |  | $ | 31,538 |  |  | $ | 171,321 |
Thirty-six weeks Ended July 8, 2022
Distribution Channel |  | Retail (a) |  |  | Foodservice (b) |  |  | Totals |
Direct store delivery |  | $ | 97,608 |  |  | $ | - |  |  | $ | 97,608 |
Direct customer warehouse |  |  | 49,427 |  |  |  | - |  |  |  | 49,427 |
Total Snack Food Products |  |  | 147,035 |  |  |  | - |  |  |  | 147,035 |
Distributors |  |  | 5,720 |  |  |  | 30,836 |  |  |  | 36,556 |
Total Frozen Food Products |  |  | 5,720 |  |  |  | 30,836 |  |  |  | 36,556 |
Totals |  | $ | 152,755 |  |  | $ | 30,836 |  |  | $ | 183,591 |
(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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