Segment Reporting

3 Months Ended

Sep. 25, 2011

Segment Reporting

Segment Reporting

(8) Segment Reporting

Summarized in the following tables are net sales and operating revenues, operating income and geographic information (revenues) for the Company’s reportable segments for the three month period ended September 25, 2011 and September 26, 2010 (in thousands).  Operating income reported below excludes interest expense, income tax provision and discontinued operations. 

	Three Months Ended
	September 25,			September 26,
	2011			2010
Net sales and operating revenues:
Food and supply distribution	$	8,906		$	8,702
Pizza Inn franchise and Company operations (1)		2,011			1,930
Pie Five Company operations		230			-
Intersegment revenues		410			330
Combined		11,557			10,962
Less intersegment revenues		(410	)		(330	)
Consolidated revenues	$	11,147		$	10,632
Depreciation and amortization:
Food and supply distribution	$	-		$	-
Pizza Inn franchise and Company operations (1)		105			402
Pie Five Company operations		12			-
Combined		117			402
Corporate administration and other		59			26
Depreciation and amortization	$	176		$	428
Interest expense:
Food and supply distribution	$	-		$	-
Pizza Inn franchise and Company operations (1)		-			-
Pie Five Company operations		-			-
Combined		-			-
Corporate administration and other		16			10
Interest expense	$	16		$	10
Income from continuing operations before taxes:
Food and supply distribution	$	518		$	499
Pizza Inn franchise and Company operations (1) (2)		438			79
Pie Five Company operations (2)		50			-
Intersegment profit		57			57
Combined		1,063			635
Less intersegment profit		(57	)		(57	)
Corporate administration and other		(499	)		(352	)
Operating income	$	507		$	226
Geographic information (revenues):
United States	$	10,901		$	10,413
Foreign countries		246			219
Consolidated total	$	11,147		$	10,632

(1)     Company stores that were closed are included in discontinued operations in the accompanying Condensed Consolidated Statement of Operations.

(2)     Does not include full allocation of corporate administration.