Note 4 - Segment Information

6 Months Ended

Apr. 18, 2014

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 twenty-four weeks ended April 18, 2014 and April 19, 2013.

Twelve weeks Ended April 18, 2014	Frozen Food Products		Refrigerated and Snack Food Products			Other		Elimination			Totals
Sales to external customers	$	12,130	$	19,113		$	-	$	-		$	31,243
Intersegment sales		-		148			-		(148	)		-
Net sales		12,130		19,261			-		(148	)		31,243
Cost of products sold		7,495		14,961			-		(148	)		22,308
Gross margin		4,635		4,300			-		-			8,935
Selling, general and administrative expenses		3,945		6,270			-		-			10,215
Income (loss) before taxes		690		(1,970	)		-		-			(1,280	)
Total assets	$	11,983	$	29,754		$	19,235	$	-		$	60,972
Additions to property, plant and equipment	$	8	$	1,657		$	2	$	-		$	1,667

Twelve weeks Ended April 19, 2013	Frozen Food Products		Refrigerated and Snack Food Products		Other			Elimination			Totals
Sales to external customers	$	11,617	$	16,967	$	-		$	-		$	28,584
Intersegment sales		-		216		-			(216	)		-
Net sales		11,617		17,183		-			(216	)		28,584
Cost of products sold		7,580		11,443		-			(216	)		18,807
Gross margin		4,037		5,740		-			-			9,777
Selling, general and administrative expenses		3,917		5,733		5			-			9,655
Income before taxes		120		7		(5	)		-			122
Total assets	$	12,282	$	30,602	$	19,571		$	-		$	62,455
Additions to property, plant and equipment	$	32	$	583	$	24		$	-		$	639

Twenty-four weeks Ended April 18, 2014	Frozen Food Products		Refrigerated and Snack Food Products			Other			Elimination			Totals
Sales to external customers	$	25,035	$	38,674		$	-		$	-		$	63,709
Intersegment sales		-		334			-			(334	)		-
Net sales		25,035		39,008			-			(334	)		63,709
Cost of products sold		15,663		29,177			-			(334	)		44,506
Gross margin		9,372		9,831			-			-			19,203
Selling, general and administrative expenses		7,820		12,429			-			-			20,249
Income (loss) before taxes		1,552		(2,598	)		-			-			(1,046	)
Total assets	$	11,983	$	29,754		$	19,235		$	-		$	60,972
Additions to property, plant and equipment	$	88	$	2,110		$	(35	)	$	-		$	2,163

Twenty-four weeks Ended April 19, 2013	Frozen Food Products		Refrigerated and Snack Food Products		Other		Elimination			Totals
Sales to external customers	$	24,117	$	35,238	$	-	$	-		$	59,355
Intersegment sales		-		411		-		(411	)		-
Net sales		24,117		35,649		-		(411	)		59,355
Cost of products sold		15,186		22,770		-		(411	)		37,545
Gross margin		8,931		12,879		-		-			21,810
Selling, general and administrative expenses		7,953		11,841		-		-			19,794
Income before taxes		978		1,038		-		-			2,016
Total assets	$	12,282	$	30,602	$	19,571	$	-		$	62,455
Additions to property, plant and equipment	$	116	$	1,212	$	3	$	-		$	1,331