Reporting Segments

6 Months Ended

Oct. 23, 2015

Segment Reporting [Abstract]

Reporting Segments

Reporting Segments

We have two reporting segments: Bob Evans Restaurants and BEF Foods. We determine our segments on the same basis that the Company's Chief Operating Decision Maker uses to allocate resources and assess performance. We evaluate our segments based on operating income, excluding expenses and charges from corporate and other functions which we consider to be overall corporate costs, or costs not reflective of the reporting segment’s core operating businesses. This includes corporate functions such as information technology, finance, legal, human resources, supply chain and other corporate functions, and includes costs such as ongoing IT infrastructure costs, certain legal and professional fees, depreciation on our corporate assets and other costs. Prior to the first quarter of fiscal 2016, we allocated these costs to our reporting segments. This change in reporting was made to present our results in line with the changes made during the first quarter in how management measures results of operations and allocates resources. We have adjusted the prior year amounts to reflect this change in presentation. Operating income represents earnings before interest and income taxes.

Information on our reporting segments is summarized as follows:

	Three Months Ended						Six Months Ended
(in thousands)	October 23, 2015			October 24, 2014			October 23, 2015			October 24, 2014
Net Sales:
Bob Evans Restaurants	$	230,741		$	241,151		$	469,410		$	481,302
BEF Foods	99,480			97,761			185,528			188,557
Intersegment net sales of food products	(5,200		)	(5,633		)	(8,204		)	(10,240		)
Subtotal of BEF Foods	94,280			92,128			177,324			178,317
Total	$	325,021		$	333,279		$	646,734		$	659,619
Operating income (loss):
Bob Evans Restaurants	$	13,323		$	20,627		$	23,132		$	35,555
BEF Foods	13,997			6,356			29,834			9,401
Corporate and Other	(15,886		)	(17,971		)	(33,270		)	(35,880		)
Total	$	11,434		$	9,012		$	19,696		$	9,076

(in thousands)	October 23, 2015		April 24, 2015
Identifiable Assets:
Bob Evans Restaurants	$	634,324	$	665,910
BEF Foods	148,763		179,137
General corporate assets	178,585		187,540
Total	$	961,672	$	1,032,587

Discussion of segment results is included within Management's Discussion and Analysis of Financial Condition and Results of Operations.