Note 4 - Segment Information

9 Months Ended

Jul. 11, 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 thirty-six weeks ended July 11, 2014 and July 12, 2013.

Twelve weeks Ended July 11, 2014	Frozen Food Products			Refrigerated and Snack Food Products			Other		Elimination			Totals
Sales to external customers	$	10,093		$	17,822		$	-	$	-		$	27,915
Intersegment sales		-			35			-		(35	)		-
Net sales		10,093			17,857			-		(35	)		27,915
Cost of products sold		6,639			13,882			-		(35	)		20,486
Gross margin		3,454			3,975			-		-			7,429
Selling, general and administrative expenses		3,524			6,288			-		-			9,812
Income (loss) before taxes		(70	)		(2,313	)		-		-			(2,383	)
Total assets	$	10,999		$	31,834		$	15,366	$	-		$	58,199
Additions to property, plant and equipment	$	46		$	752		$	25	$	-		$	823

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
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

Thirty-six weeks Ended July 11, 2014	Frozen Food Products		Refrigerated and Snack Food Products			Other			Elimination			Totals
Sales to external customers	$	35,128	$	56,496		$	-		$	-		$	91,624
Intersegment sales		-		370			-			(370	)		-
Net sales		35,128		56,866			-			(370	)		91,624
Cost of products sold		22,303		43,059			-			(370	)		64,992
Gross margin		12,825		13,807			-			-			26,632
Selling, general and administrative expenses		11,344		18,717			-			-			30,061
Income (loss) before taxes		1,481		(4,910	)		-			-			(3,429	)
Total assets	$	10,999	$	31,834		$	15,366		$	-		$	58,199
Additions to property, plant and equipment	$	134	$	2,862		$	(10	)	$	-		$	2,986

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