Note 4 - Segment Information

9 Months Ended

Jul. 12, 2013

Segment Reporting [Abstract]

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 Refrigerated and Snack Food Products (the processing and distribution of refrigerated 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 12, 2013 and July 6, 2012.

Twelve Weeks Ended July 12, 2013	Frozen Food Products			Refrigerated and Snack Food Products		Other		Elimination		Totals
Sales to external customers	$	10,159		$	19,135	$	-	$	-	$	29,294
Intersegment sales		-			249		-		249		-
Net sales		10,159			19,384		-		249		29,294
Cost of products sold		6,479			13,579		-		249		19,809
Gross margin		3,680			5,805		-		-		9,485
Selling, general and administrative expenses		3,776			5,704		-		-		9,480
(Loss) income before taxes		(96	)		101		-		-		5
Total assets	$	12,207		$	30,439	$	20,139	$	-	$	62,785
Additions to property, plant and equipment	$	591		$	1,258	$	111	$	-	$	1,960

Twelve Weeks Ended July 6, 2012	Frozen Food Products		Refrigerated and Snack Food Products		Other			Elimination		Totals
Sales to external customers	$	11,186	$	16,676	$	-		$	-	$	27,862
Intersegment sales		-		254		-			254		-
Net sales		11,186		16,930		-			254		27,862
Cost of products sold		6,641		11,274		-			254		17,661
Gross margin		4,545		5,656		-			-		10,201
Selling, general and administrative expenses		3,820		5,527		(7	)		-		9,340
Income before taxes		725		129		7			-		861
Total assets	$	11,961	$	22,765	$	24,466		$	-	$	59,192
Additions to property, plant and equipment	$	1,922	$	64	$	3		$	-	$	1,989

Thirty-six Weeks Ended July 12, 2013	Frozen Food Products		Refrigerated and Snack Food Products		Other		Elimination		Totals
Sales to external customers	$	34,276	$	54,373	$	-	$		$	88,649
Intersegment sales		-		660		-		660		-
Net sales		34,276		55,033		-		660		88,649
Cost of products sold		21,665		36,349		-		660		57,354
Gross margin		12,611		18,684		-		-		31,295
Selling, general and administrative expenses		11,729		17,545		-		-		29,274
Income before taxes		882		1,139		-		-		2,021
Total assets	$	12,207	$	30,439	$	20,139	$		$	62,785
Additions to property, plant and equipment	$	707	$	2,470	$	114	$		$	3,291

Thirty-six Weeks Ended July 6, 2012	Frozen Food Products		Refrigerated and Snack Food Products			Other			Elimination		Totals
Sales to external customers	$	37,448	$	47,442		$	-		$	-	$	84,890
Intersegment sales		-		639			-			639		-
Net sales		37,448		48,081			-			639		84,890
Cost of products sold		23,071		33,953			-			639		56,385
Gross margin		14,377		14,128			-			-		28,505
Selling, general and administrative expenses		11,618		15,290			(26	)		-		26,882
Income (loss) before taxes		2,759		(1,162	)		26			-		1,623
Total assets	$	11,961	$	22,765		$	24,466		$	-	$	59,192
Additions to property, plant and equipment	$	1,964	$	292		$	22		$	-	$	2,278