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Note 6 - Subsequent Events
9 Months Ended
Jul. 11, 2014
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

Note 6 – Subsequent Events:


On August 11, 2014, the Company decided to exit the direct store delivery route deli business concentrated in California due to declining customer demand, higher operating costs and significant recent losses. As part of our plan, we expect to reduce our employee count by approximately 40 individuals by the end of the fiscal year. During the thirty-six weeks ended July 11, 2014 the deli business accounted for approximately 6% of consolidated sales and cost of sales, 8% of the gross margin, 12% of selling, general and administrative expenses, 43% of the net loss before taxes, 4% of accounts receivable, 4% of inventory, 0% of the net book value of fixed assets, 2% of total assets and 3% of current liabilities. The direct store delivery route deli business was part of the Refrigerated and Snack Food Segment.


The Company borrowed $500 on its $2,000 line of credit with Wells Fargo on August 12, 2014 to fund short term purchases of meat ingredients and other accounts payables.