10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

X Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the period ended June 28, 2014

or

Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Commission File Number:     0-14616

J & J SNACK FOODS CORP.

(Exact name of registrant as specified in its charter)

New Jersey	22-1935537
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

6000 Central Highway, Pennsauken, NJ 08109

(Address of principal executive offices)

Telephone (856) 665-9533

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

X Yes No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

X Yes No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated filer (X)	Accelerated filer (  )
Non-accelerated filer (  )	Smaller reporting company (  )
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes X No

As July 22, 2014 there were 18,644,778 shares of the Registrant’s Common Stock outstanding.

1

INDEX

	Page Number
Part I. Financial Information
Item l. Consolidated Financial Statements
Consolidated Balance Sheets – June 28, 2014 (unaudited) and September 28, 2013	3
Consolidated Statements of Earnings (unaudited) – Three and Nine Months Ended June 28, 2014 and June 29, 2013	4
Consolidated Statements of Comprehensive Income (unaudited) – Three and Nine Months Ended June 28, 2014 and June 29, 2013	5
Consolidated Statements of Cash Flows (unaudited) – Nine Months Ended June 28, 2014 and June 29, 2013	6
Notes to the Consolidated Financial Statements (unaudited)	7
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	21
Item 3. Quantitative and Qualitative Disclosures About Market Risk	25
Item 4. Controls and Procedures	25
Part II. Other Information
Item 6. Exhibits	26

2

J & J SNACK FOODS CORP. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(in thousands, except share amounts)

	June 28, 2014			September 28, 2013
	(unaudited)
Assets
Current assets
Cash and cash equivalents	$	67,754		$	97,345
Marketable securities held to maturity		-			256
Accounts receivable, net		108,685			87,545
Inventories, net		80,161			71,785
Prepaid expenses and other		4,273			3,284
Deferred income taxes		4,713			4,502
Total current assets		265,586			264,717
Property, plant and equipment, at cost
Land		2,496			2,496
Buildings		26,741			26,741
Plant machinery and equipment		191,043			179,331
Marketing equipment		256,324			244,770
Transportation equipment		6,890			5,953
Office equipment		18,123			16,282
Improvements		26,450			24,917
Construction in progress		6,531			9,952
		534,598			510,442
Less accumulated depreciation and amortization		375,925			363,278
		158,673			147,164
Other assets
Goodwill		86,265			76,899
Other intangible assets, net		52,345			44,012
Marketable securities held to maturity		2,000			2,000
Marketable securities available for sale		129,640			107,664
Other		3,726			3,205
		273,976			233,780
	$	698,235		$	645,661
Liability and Stockholder's Equity
Current Liabilities
Current obligations under capital leases	$	171		$	211
Accounts payable		66,753			50,906
Accrued insurance liability		10,852			9,954
Accrued income taxes		1,562			1,740
Accrued liabilities		5,578			3,769
Accrued compensation expense		12,991			13,671
Dividends payable		5,975			2,988
Total current liabilities		103,882			83,239
Long-term obligations under capital leases		402			136
Deferred income taxes		45,807			45,183
Other long-term liabilities		525			538
Stockholders' Equity
Preferred stock, $1 par value; authorized 10,000,000 shares; none issued		-			-
Common stock, no par value; authorized, 50,000,000 shares; issued and outstanding 18,639,000 and 18,677,000 respectively		31,499			34,516
Accumulated other comprehensive loss		(3,550	)		(5,930	)
Retained Earnings		519,670			487,979
		547,619			516,565
	$	698,235		$	645,661

The accompanying notes are an integral part of these statements.

3

J & J SNACK FOODS CORP. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EARNINGS

(Unaudited)

(in thousands, except per share amounts)

	Three months ended						Nine months ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Net Sales	$	257,113		$	237,036		$	665,957		$	629,770
Cost of goods sold(1)		172,745			161,714			460,570			442,162
Gross Profit		84,368			75,322			205,387			187,608
Operating expenses
Marketing (2)		21,274			19,554			56,825			53,499
Distribution (3)		19,314			16,750			51,816			47,863
Administrative (4)		7,883			7,063			21,648			20,122
Other general expense (income)		234			(429	)		1,132			(480	)
		48,705			42,938			131,421			121,004
Operating Income		35,663			32,384			73,966			66,604
Other income (expense)
Investment income		1,159			904			3,273			2,576
Interest expense & other		(26	)		(29	)		(89	)		(82	)
Earnings before income taxes		36,796			33,259			77,150			69,098
Income taxes		13,118			12,087			27,525			25,040
NET EARNINGS	$	23,678		$	21,172		$	49,625		$	44,058
Earnings per diluted share	$	1.26		$	1.12		$	2.64		$	2.33
Weighted average number of diluted shares		18,832			18,913			18,814			18,890
Earnings per basic share	$	1.27		$	1.13		$	2.66		$	2.34
Weighted average number of basic shares		18,686			18,807			18,686			18,804

(1) Includes share-based compensation expense of $136 and $371 for the three months and nine months ended June 28, 2014, respectively and $134 and $361 for the three months and nine months ended June 29, 2013.

(2) Includes share-based compensation expense of $190 and $530 for the three months and nine months ended June 28,2014, respectively and $186 and $496 for the three months and nine months ended June 29, 2013.

(3) Includes share-based compensation expense of $12 and $33 for the three months and nine months ended June 28, 2014, respectively and $8 and $23 for the three months and nine months ended June 29, 2013.

(4) Includes share-based compensation expense of $251 and $704 for the three months and nine months ended June 28, 2014, respectively and $214 and $578 for the three months and nine months ended June 29, 2013.

See accompanying notes to the consolidated financial statements

4

J&J SNACK FOODS CORP. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

(in thousands)

	Three months ended					Nine months ended
	June 28, 2014		June 29, 2013			June 28, 2014			June 29, 2013
Net Earnings	$	23,678	$	21,172		$	49,625		$	44,058
Foreign currency translation adjustments		262		(947	)		(14	)		(500	)
Unrealized holding gain (loss) on marketable securities		965		(2,672	)		2,394			(2,488	)
Total Other Comprehensive Income (loss), net of tax		1,227		(3,619	)		2,380			(2,988	)
Comprehensive Income	$	24,905	$	17,553		$	52,005		$	41,070

All amounts are net of tax.

5

J & J SNACK FOODS CORP. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited) (in thousands)

	Nine months ended
	June 28, 2014			June 29, 2013
Operating activities:
Net earnings	$	49,625		$	44,058
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation of fixed assets		23,599			21,298
Amortization of intangibles and deferred costs		3,929			3,577
Share-based compensation		1,638			1,458
Deferred income taxes		(257	)		(167	)
Loss on sale of marketable securities		361			-
Other		(205	)		(118	)
Changes in assets and liabilities net of effects from purchase of companies
Increase in accounts receivable		(17,390	)		(16,104	)
Increase in inventories		(6,320	)		(5,462	)
Increase in prepaid expenses		(262	)		(1,248	)
Increase in accounts payable and accrued liabilities		14,417			6,408
Net cash provided by operating activities		69,135			53,700
Investing activities:
Payment for purchases of companies, net of cash acquired		(28,528	)		-
Purchases of property, plant and equipment		(31,346	)		(26,954	)
Purchases of marketable securities		(26,932	)		(113,352	)
Proceeds from redemption and sales of marketable securities		7,245			23,958
Proceeds from disposal of property and equipment		1,241			782
Other		(408	)		(19	)
Net cash used in investing activities		(78,728	)		(115,585	)
Financing activities:
Payments to repurchase common stock		(5,903	)		(7,198	)
Proceeds from issuance of stock		1,107			2,899
Payments on capitalized lease obligations		(273	)		(267	)
Payment of cash dividend		(14,949	)		(8,457	)
Net cash used in financing activities		(20,018	)		(13,023	)
Effect of exchange rate on cash and cash equivalents		20			(22	)
Net decrease in cash and cash equivalents		(29,591	)		(74,930	)
Cash and cash equivalents at beginning of period		97,345			154,198
Cash and cash equivalents at end of period	$	67,754		$	79,268

See accompanying notes to the consolidated financial statements.

6

J & J SNACK FOODS CORP. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

Note 1 In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly the financial position and the results of operations and cash flows. Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported net earnings.

The results of operations for the three and nine months ended June 28, 2014 and June 29, 2013 are not necessarily indicative of results for the full year. Sales of our frozen beverages and frozen juice bars and ices are generally higher in our third and fourth quarters due to warmer weather.

While we believe that the disclosures presented are adequate to make the information not misleading, it is suggested that these consolidated financial statements be read in conjunction with the consolidated financial statements and the notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 28, 2013.

Note 2 We recognize revenue from our products when the products are shipped to our customers. Repair and maintenance equipment service revenue is recorded when it is performed provided the customer terms are that the customer is to be charged on a time and material basis or on a straight-line basis over the term of the contract when the customer has signed a service contract. Revenue is recognized only where persuasive evidence of an arrangement exists, our price is fixed or estimable and collectability is reasonably assured. We record offsets to revenue for allowances, end-user pricing adjustments, trade spending, coupon redemption costs and returned product. Customers generally do not have the right to return product unless it is damaged or defective. We provide an allowance for doubtful receivables after taking into consideration historical experience and other factors. The allowance for doubtful receivables was $370,000 and $854,000 at June 28, 2014 and September 28, 2013, respectively.

Note 3 Depreciation of equipment and buildings is provided for by the straight-line method over the assets’ estimated useful lives. Amortization of improvements is provided for by the straight-line method over the term of the lease or the assets’ estimated useful lives, whichever is shorter. Licenses and rights, customer relationships and non-compete agreements arising from acquisitions are amortized by the straight-line method over periods ranging from 3 to 20 years. Depreciation expense was $8,008,000 and $7,434,000 for the three months ended June 28, 2014 and June 29, 2013, respectively, and for the nine months ended June 28, 2014 and June 29, 2013 was $23,599,000 and $21,298,000 respectively.

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Note 4 Basic earnings per common share (EPS) excludes dilution and is computed by dividing income available to common shareholders by the weighted average common shares outstanding during the period. Diluted EPS takes into consideration the potential dilution that could occur if securities (stock options) or other contracts to issue common stock were exercised and converted into common stock. Our calculation of EPS is as follows:

	Three Months Ended June 28, 2014
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	23,678		18,686	$	1.27
Effect of Dilutive Securities
Options		-		146		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	23,678		18,832	$	1.26

	Nine Months Ended June 28, 2014
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	49,625		18,686	$	2.66
Effect of Dilutive Securities
Options		-		128		(0.02	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	49,625		18,814	$	2.64

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	Three Months Ended June 29, 2013
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	21,172		18,807	$	1.13
Effect of Dilutive Securities
Options		-		106		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	21,172		18,913	$	1.12

	Nine Months Ended June 29, 2013
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	44,058		18,804	$	2.34
Effect of Dilutive Securities
Options		-		86		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	44,058		18,890	$	2.33

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Note 5 At June 28, 2014, the Company has three stock-based employee compensation plans. Share-based compensation was recognized as follows:

	Three months ended				Nine months ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013
	(in thousands, except per share amounts)
Stock Options	$	404	$	206	$	1,104	$	596
Stock purchase plan		102		179		279		316
Stock issued to outside directors		-		11		-		35
Stock issued to employees		8		4		16		13
	$	514	$	400	$	1,399	$	960
Per diluted share	$	0.03	$	0.02	$	0.07	$	0.05
The above compensation is net of tax benefits	$	75	$	142	$	239	$	498

The Company anticipates that share-based compensation will not exceed $1.8 million net of tax benefits, or approximately $.10 per share for the fiscal year ending September 27, 2014.

The fair value of each option grant is estimated on the date of grant using the Black-Scholes options-pricing model with the following weighted average assumptions used for grants in fiscal 2014 first nine months: expected volatility of 20.6%; risk-free interest rate of 1.4%; dividend rate of .8% and expected lives of 5 years.

During the 2014 nine month period, the Company granted 101,572 stock options. The weighted-average grant date fair value of these options was $15.24. During the 2013 nine month period, the Company granted 1,600 stock options. The weighted-average grant date fair value of these options was $13.76.

Expected volatility is based on the historical volatility of the price of our common shares over the past 55 months for 5 year options and 10 years for 10 year options. We use historical information to estimate expected life and forfeitures within the valuation model. The expected term of awards represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. Compensation cost is recognized using a straight-line method over the vesting or service period and is net of estimated forfeitures.

10

Note 6 We account for our income taxes under the liability method. Under the liability method, deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities as measured by the enacted tax rates that will be in effect when these differences reverse.  Deferred tax expense is the result of changes in deferred tax assets and liabilities.

Additionally, we recognize a liability for income taxes and associated penalties and interest for tax positions taken or expected to be taken in a tax return which are more likely than not to be overturned by taxing authorities (“uncertain tax positions”).  We have not recognized a tax benefit in our financial statements for these uncertain tax positions.

The total amount of gross unrecognized tax benefits is $411,000 and $438,000 on June 28, 2014 and September 28, 2013, respectively, all of which would impact our effective tax rate over time, if recognized. We recognize interest and penalties related to income tax matters as a part of the provision for income taxes. As of June 28, 2014 and September 28, 2013, respectively, the Company has $221,000 and $224,000 of accrued interest and penalties.

In addition to our federal tax return and tax returns for Mexico and Canada, we file tax returns in all states that have a corporate income tax with virtually all open for examination for three to four years.

Note 7 In February 2013, the FASB issued guidance which requires us to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, we are required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts not required under U.S. GAAP to be reclassified in their entirety to net income, we are required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. This guidance was effective for our fiscal year 2014 first quarter and its adoption did not have a material impact on our financial statements.

11

Note 8 Inventories consist of the following:

	June 28, 2014		September 28, 2013
	(unaudited)
	(in thousands)
Finished goods	$	37,980	$	33,013
Raw Materials		15,780		14,489
Packaging materials		6,346		5,937
Equipment parts & other		20,055		18,346
	$	80,161	$	71,785
The above inventories are net of reserves	$	4,427	$	4,449

Note 9 We principally sell our products to the food service and retail supermarket industries. Sales and results of our frozen beverages business are monitored separately from the balance of our food service business because of different distribution and capital requirements. We maintain separate and discrete financial information for the three operating segments mentioned above which is available to our Chief Operating Decision Makers.

We have applied no aggregation criteria to any of these operating segments in order to determine reportable segments. Our three reportable segments are Food Service, Retail Supermarkets and Frozen Beverages. All inter-segment net sales and expenses have been eliminated in computing net sales and operating income (loss). These segments are described below.

Food Service

The primary products sold by the food service group are soft pretzels, frozen juice treats and desserts, churros, dough enrobed handheld products and baked goods. Our customers in the food service industry include snack bars and food stands in chain, department and discount stores; malls and shopping centers; fast food outlets; stadiums and sports arenas; leisure and theme parks; convenience stores; movie theatres; warehouse club stores; schools, colleges and other institutions. Within the food service industry, our products are purchased by the consumer primarily for consumption at the point-of-sale.

Retail Supermarkets

The primary products sold by the retail supermarket segment are soft pretzel products – including SUPERPRETZEL; frozen juice treats and desserts including LUIGI’S Real Italian Ice, MINUTE MAID Juice Bars and Soft Frozen Lemonade, WHOLE FRUIT frozen fruit bars, WHOLE FRUIT Sorbet, ICEE Squeeze-Up Tubes, PHILLY SWIRL stix and cups; dough enrobed handheld products and TIO PEPE’S Churros. Within the retail supermarket channel, our frozen and prepackaged products are purchased by the consumer for consumption at home.

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Frozen Beverages

We sell frozen beverages and related products to the food service industry primarily under the names ICEE, ARCTIC BLAST, SLUSH PUPPIE and PARROT ICE in the United States, Mexico and Canada. We also provide repair and maintenance service to customers for customers’ owned equipment.

The Chief Operating Decision Maker for Food Service and Retail Supermarkets and the Chief Operating Decision Maker for Frozen Beverages monthly review detailed operating income statements and sales reports in order to assess performance and allocate resources to each individual segment. In addition, the Chief Operating Decision Makers review and evaluate depreciation, capital spending and assets of each segment on a quarterly basis to monitor cash flow and asset needs of each segment. Information regarding the operations in these three reportable segments is as follows:

13

	Three months ended						Nine months ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
	(unaudited)
	(in thousands)
Sales to External Customers:
Food Service
Soft pretzels	$	41,337		$	36,136		$	119,460		$	104,067
Frozen juices and ices		18,215			16,468			38,301			34,117
Churros		15,622			14,774			43,003			42,648
Handhelds		6,221			6,806			18,337			20,058
Bakery		72,459			68,099			207,704			203,488
Other		4,019			2,939			8,177			6,424
	$	157,873		$	145,222		$	434,982		$	410,802
Retail Supermarket
Soft pretzels	$	7,090		$	8,576		$	26,314		$	27,200
Frozen juices and ices		24,187			18,226			39,012			33,694
Handhelds		4,661			4,995			14,763			16,425
Coupon redemption		(1,350	)		(954	)		(2,719	)		(2,497	)
Other		244			237			676			514
	$	34,832		$	31,080		$	78,046		$	75,336
Frozen Beverages
Beverages	$	41,762		$	40,996		$	93,664		$	91,476
Repair and maintenance service		16,610			13,833			43,354			38,385
Machines sales		5,492			5,035			14,774			12,028
Other		544			870			1,137			1,743
	$	64,408		$	60,734		$	152,929		$	143,632
Consolidated Sales	$	257,113		$	237,036		$	665,957		$	629,770
Depreciation and Amortization:
Food Service	$	5,330		$	4,943		$	15,702		$	14,169
Retail Supermarket		134			9			150			24
Frozen Beverages		3,962			3,671			11,676			10,682
	$	9,426		$	8,623		$	27,528		$	24,875
Operating Income:
Food Service	$	21,245		$	18,822		$	53,958		$	46,782
Retail Supermarket		3,489			2,883			8,055			6,857
Frozen Beverages		10,929			10,679			11,953			12,965
	$	35,663		$	32,384		$	73,966		$	66,604
Capital Expenditures:
Food Service	$	5,500		$	4,798		$	16,339		$	14,740
Retail Supermarket		-			-			-			-
Frozen Beverages		5,021			6,599			15,007			12,214
	$	10,521		$	11,397		$	31,346		$	26,954
Assets:
Food Service	$	511,405		$	478,203		$	511,405		$	478,203
Retail Supermarket		18,627			6,074			18,627			6,074
Frozen Beverages		168,203			155,360			168,203			155,360
	$	698,235		$	639,637		$	698,235		$	639,637

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Note 10 Our three reporting units, which are also reportable segments, are Food Service, Retail Supermarkets and Frozen Beverages.

The carrying amounts of acquired intangible assets for the Food Service, Retail Supermarkets and Frozen Beverage segments as of June 28, 2014 and September 29, 2013 are as follows:

	June 28, 2014				September 28, 2013
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(in thousands)
FOOD SERVICE
Indefinite lived intangible assets
Trade Names	$	13,072	$	-	$	12,880	$	-
Amortized intangible assets
Non compete agreements		592		501		545		478
Customer relationships		40,797		29,004		40,187		26,187
License and rights		3,606		2,684		3,606		2,614
	$	58,067	$	32,189	$	57,218	$	29,279
RETAIL SUPERMARKETS
Indefinite lived intangible assets
Trade Names	$	7,206	$	-	$	4,006	$	-
Amortized Intangible Assets
Non compete agreements		160		14		-		-
Customer relationships		7,979		198		279		62
	$	15,345	$	212	$	4,285	$	62
FROZEN BEVERAGES
Indefinite lived intangible assets
Trade Names	$	9,315	$	-	$	9,315	$	-
Amortized intangible assets
Non compete agreements		198		198		198		198
Customer relationships		6,478		5,294		6,478		4,830
Licenses and rights		1,601		766		1,601		714
	$	17,592	$	6,258	$	17,592	$	5,742
CONSOLIDATED	$	91,004	$	38,659	$	79,095	$	35,083

15

Amortized intangible assets are being amortized by the straight-line method over periods ranging from 3 to 20 years and amortization expense is reflected throughout operating expenses. Intangible assets of $849,000 were acquired in the food service segment in the New York Pretzel acquisition in the three months ended December 28, 2013. Intangible assets of $11,060,000 were acquired in the retail supermarket segment in the PHILLY SWIRL acquisition in the three months ended June 28, 2014. Aggregate amortization expense of intangible assets for the three months ended June 28, 2014 and June 29, 2013 was $1,290,000 and $1,110,000, respectively and for the nine months ended June 28,2014 and June 29, 2013 was $3,576,000 and $3,342,000, respectively.

Estimated amortization expense for the next five fiscal years is approximately $4,900,000 in 2014, $5,400,000 in 2015 and $5,100,000 in 2016, $2,600,000 in 2017 and $1,800,000 in 2018. The weighted average amortization period of the intangible assets is 10.1 years.

Goodwill

The carrying amounts of goodwill for the Food Service, Retail Supermarket and Frozen Beverage segments are as follows:

	Food Service		Retail Supermarket		Frozen Beverages		Total
	(in thousands)
Balance at June 28, 2014	$	46,831	$	3,494	$	35,940	$	86,265

Goodwill of $7,716,000 was acquired in the New York Pretzel acquisition in the three months ended December 28, 2013, all of which was allocated to the food service segment. Goodwill of $1,650,000 was acquired in the PHILLY SWIRL acquisition in the three months ended June 28, 2014, all of which was allocated to the retail supermarket segment.

Note 11 We have classified our investment securities as marketable securities held to maturity and available for sale. The FASB defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the FASB has established three levels of inputs that may be used to measure fair value:

Level 1 Observable input such as quoted prices in active markets for identical assets or liabilities;

Level 2 Observable inputs, other than Level 1 inputs in active markets, that are observable either directly or indirectly; and

Level 3 Unobservable inputs for which there is little or no market data, which require the reporting entity to develop its own assumptions.

16

Marketable securities held to maturity and available for sale fair values are derived solely from level 1 inputs.

The amortized cost, unrealized gains and losses, and fair market values of our investment securities held to maturity at June 28, 2014 are summarized as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
US Government Agency Debt	$	2,000		-	$	1	$	1,999
	$	2,000	$	0	$	1	$	1,999

The amortized cost, unrealized gains and losses, and fair market values of our investment securities available for sale at June 28, 2014 are summarized as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
Mutual Funds	$	129,473	$	1,123	$	956	$	129,640
	$	129,473	$	1,123	$	956	$	129,640

The mutual funds seek current income with an emphasis on maintaining low volatility and overall moderate duration. The funds do not have contractual maturities; however, we classify them as long term assets as it is our intent to hold them for a period of over one year, although we may sell some or all of them depending on presently unanticipated needs for liquidity or market conditions. The unrealized losses of $956,000 are spread over 20 funds with a total fair market value of $79.8 million.

17

The amortized cost, unrealized gains and losses, and fair market values of our investment securities held to maturity at September 28, 2013 are summarized as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
US Government Agency Debt	$	2,000	$	-	$	50	$	1,950
Certificates of Deposit		256		-		-		256
	$	2,256	$	-	$	50	$	2,206

The amortized cost, unrealized gains and losses, and fair market values of our investment securities available for sale at September 28, 2013 are summarized as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
Mutual Funds	$	109,891	$	254	$	2,481	$	107,664
	$	109,891	$	254	$	2,481	$	107,664

The amortized cost and fair value of the Company’s held to maturity securities by contractual maturity at June 28, 2014 and September 28, 2013 are summarized as follows:

	June 28, 2014				September 28, 2013
	Amortized Cost		Fair Market Value		Amortized Cost		Fair Market Value
	(in thousands)
Due in one year or less	$	-	$	-	$	256	$	256
Due after one year through five years		-		-		-		-
Due after five years through ten years		2,000		1,999		2,000		1,950
Total held to maturity securities	$	2,000	$	1,999	$	2,256	$	2,206
Less current portion		-		-		256		256
Long term held to maturity securities	$	2,000	$	1,999	$	2,000	$	1,950

18

Proceeds from the redemption and sale of marketable securities were $1,185,000 and $7,245,000 in the three and nine months ended June 28, 2014 respectively, and $480,000 and $23,958,000 in the three and nine months ended June 29, 2013, respectively. Losses of $65,000 and $361,000 were recorded in the three and nine months ended June 28, 2014, respectively, and none were recorded last year. We use the specific identification method to determine the cost of securities sold.

Note 12 In June 2012, we acquired the assets of Kim & Scott’s Gourmet Pretzels, Inc., a manufacturer and seller of a premium brand soft pretzel. This business had sales of approximately $8 million over the prior twelve months to food service and retail supermarket customers and had sales of approximately $1.8 million in our 2012 fiscal year from the acquisition date.

In October 2013, we acquired the assets of New York Pretzel, a manufacturer and distributor of soft pretzels selling primarily in the northeast to foodservice and retail locations.  Of the purchase price of $11.8 million, $849,000 was allocated to intangible assets, $7,716,000 was allocated to goodwill and $3,049,000 was allocated to property, plant and equipment.

In May 2014, we acquired the stock of Philly’s Famous Water Ice, Inc. (PHILLY SWIRL). PHILLY SWIRL, located in Tampa, FL, produces frozen novelty products sold primarily to retail supermarket locations throughout the United States and to Canada with annual sales approximating $25 million.  The preliminary allocation of the purchase price of $17.4 million is $4.0 million to working capital, $1.2 million to property, plant and equipment, $11.1 million to intangible assets, $1.6 million to goodwill, and $95,000 to other assets and $666,000 to deferred tax liabilities. Sales of PHILLY SWIRL from the acquisition date to June 28, 2014 were $6.3 million and are included in the retail supermarket segment.    

The goodwill and intangible assets acquired in the business combinations are recorded at fair value.  To measure fair value for such assets, we use techniques including discounted expected future cash flows (Level 3 input).

Acquisition expense of $184,000 and $257,000 was recorded in other expense in the three and nine months ended June 28, 2014, respectively.

19

Note 13 Changes to the components of accumulated other comprehensive loss are as follows:

	Three Months Ended June 28, 2014									Nine Months Ended June 28, 2014
	(unaudited)									(unaudited)
	(in thousands)									(in thousands)
	Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total			Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total
Beginning Balance	$	(3,979	)	$	(798	)	$	(4,777	)	$	(3,703	)	$	(2,227	)	$	(5,930	)
Other comprehensive income (loss) before reclassifications		262			902			1,164			(14	)		2,028			2,014
Amounts reclassified from accumulated other comprehensive income		-			63			63			-			366			366
Ending Balance	$	(3,717	)	$	167		$	(3,550	)	$	(3,717	)	$	167		$	(3,550	)

All amounts are net of tax.

	Three Months Ended June 29, 2013									Nine Months Ended June 29, 2013
	(unaudited)									(unaudited)
	(in thousands)									(in thousands)
	Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total			Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total
Beginning Balance	$	(2,685	)	$	184		$	(2,501	)	$	(3,132	)	$	-		$	(3,132	)
Other comprehensive income (loss) before reclassifications		(947	)		(2,672	)		(3,619	)		(500	)		(2,488	)		(2,988	)
Amounts reclassified from accumulated other comprehensive income		-			-			-			-			-			-
Ending Balance	$	(3,632	)	$	(2,488	)	$	(6,120	)	$	(3,632	)	$	(2,488	)	$	(6,120	)

All amounts are net of tax.

20

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Liquidity and Capital Resources

Our current cash and cash equivalents balances and cash expected to be provided by future operations are our primary sources of liquidity. We believe that these sources, along with our borrowing capacity, are sufficient to fund future growth and expansion. See Note 11 to these financial statements for a discussion of our investment securities.

The Company’s Board of Directors declared a regular quarterly cash dividend of $.32 per share of its common stock payable on July 2, 2014, to shareholders of record as of the close of business on June 13, 2014.

In our fiscal year ended September 28, 2013, we purchased and retired 204,397 shares of our common stock at a cost of $14,500,215. In the three and nine months ended June 28, 2014, we purchased and retired 64,041 shares at a cost of $5,903,157. On November 8, 2012 the Company’s Board of Directors authorized the purchase and retirement of an additional 500,000 shares of the Company’s common stock; 279,817 shares remain to be purchased under this authorization.

In the three months ended June 28, 2014 and June 29, 2013 fluctuations in the valuation of the Mexican and Canadian currencies and the resulting translation of the net assets of our Mexican and Canadian subsidiaries caused an decrease of $262,000 in accumulated other comprehensive loss in the 2014 third quarter and an increase of $947,000 in accumulated other comprehensive loss in the 2013 third quarter. In the nine month period, fluctuations in the valuation of the Mexican and Canadian currencies and the resulting translation of the net assets of our Mexican and Canadian subsidiaries caused an increase of $14,000 in accumulated other comprehensive loss in the 2014 nine month period and an increase of $500,000 in accumulated other comprehensive loss in the 2013 nine month period.

Our general-purpose bank credit line which expires in December 2016 provides for up to a $50,000,000 revolving credit facility. The agreement contains restrictive covenants and requires commitment fees in accordance with standard banking practice. There were no outstanding balances under this facility at June 28, 2014.

Results of Operations

Net sales increased $20,077,000 or 8% to $257,113,000 for the three months and $36,187,000 or 6% to $665,957,000 for the nine months ended June 28, 2014 compared to the three and nine months ended June 29, 2013. Without sales from the acquisition of PHILLY SWIRL on May 1, 2014 and New York Pretzel in October 2013, sales increased 5% for the three months and 4% for the nine months.

21

FOOD SERVICE

Sales to food service customers increased $12,651,000 or 9% in the third quarter to $157,873,000 and increased $24,180,000 or 6% for the nine months. Excluding sales resulting from the acquisition of New York Pretzel in October 2013, food service sales increased approximately 8% for the third quarter and increased 5% for the nine months. Soft pretzel sales to the food service market increased 14% to $41,337,000 in the third quarter and increased 15% to $119,460,000 in the nine months due to increased sales to restaurant chains, warehouse club stores, school food service and throughout our customer base. Increased sales to one customer accounted for approximately 1/3 of the increase in pretzel sales in the quarter and in the nine months. Without New York Pretzel, pretzel sales increased about 11% for the third quarter and 12% for the nine months. Frozen juices and ices sales increased 11% to $18,215,000 in the three months with sales increases and decreases spread across our customer base and 12% to $38,301,000 in the nine months with about ½ of the sales increases for the nine months being to warehouse club stores. Churro sales to food service customers increased 6% to $15,622,000 in the third quarter and were up 1% to $43,003,000 for the nine months which was net of a decline in sales of $969,000 in the quarter and $2,239,000 in the nine months to one restaurant chain which rolled out a churros product in the first quarter of 2013. We believe that churro sales to this restaurant chain, which were $1,645,000 in the third quarter, will end during our fourth quarter.

Sales of bakery products increased $4,360,000 or 6% in the third quarter to $72,459,000 and increased 2% to $207,704,000 for the nine months as sales increases and decreases were spread throughout our customer base, but with one customer accounting for about 75% of the increase in both periods.

Sales of new products in the first twelve months since their introduction were approximately $3.2 million in this quarter and $7.8 million in the nine months. Price increases accounted for approximately $2.6 million of sales in the quarter and $4.9 million in the nine months and net volume increases, including new product sales as defined above and sales resulting from the acquisition of New York Pretzel, accounted for approximately $10.0 million of sales in the quarter and $19.3 million in the nine months.

Operating income in our Food Service segment increased from $18,822,000 to $21,245,000 in the quarter and increased from $46,782,000 to $53,958,000 in the nine months. Liability insurance costs were about $1.1 million lower in this year’s quarter and $1.6 million lower in this year’s nine months compared to last year; last year’s costs were higher than usual because of increases in insurance company estimates for actual claims incurred but not paid. Additionally, operating income for the quarter and nine months benefited from increased sales volume, price increases and lower ingredient costs. Last year’s third quarter was impacted by a $500,000 product write down.

22

RETAIL SUPERMARKETS

Sales of products to retail supermarkets increased $3,752,000 or 12% to $34,832,000 in the third quarter and increased $2,710,000 or 4% to $78,046,000 in the nine months. Without the sales of PHILLY SWIRL, sales were down $2,537,000 or 8% in the quarter and were down $3,579,000 or 5% for the nine months. Soft pretzel sales for the third quarter were down 17% to $7,090,000 and were down 3% to $26,314,000 for the nine months. Lower sales of sweet cinnamon pretzels and PRETZELDOGS accounted for about 60% of the lower soft pretzel sales and various other factors including general category weakness was responsible for the balance of the drop. Sales of frozen juices and ices increased $5,961,000 or 33% to $24,187,000 in the third quarter and were up 16% to $39,012,000 for the nine months. Without the sales of PHILLY SWIRL, sales of frozen juices and ices were down $943,000 or 5% in the quarter and were down $1,586,000 or 5% for the nine months with sales increases and decreases spread across our customer base. Coupon redemption costs, a reduction of sales, increased 42% or about $396,000 for the quarter and increased 9% to $2,719,000 for the nine months. Excluding PHILLY SWIRL, coupon redemption costs were down 23% in the quarter and 16% for the nine months. Handheld sales to retail supermarket customers decreased 7% to $4,661,000 in the quarter and decreased 10% to $14,763,000 for the nine months with sales increases and decreases throughout our customer base; however, lower sales to one customer accounted for 1/2 of the sales decrease in the nine month period.

Price increases accounted for less than $100,000 of sales in the quarter and $1.1 million in the nine months and net volume increases, net of increased coupon costs and including sales resulting from the acquisition of PHILLY SWIRL, accounted for approximately $3.7 million of the sales increase in this quarter and $1.6 million in the nine months.

Operating income in our Retail Supermarkets segment increased from $2,883,000 to $3,489,000 in the quarter and from $ 6,857,000 to $8,055,000 in the nine months primarily because of higher gross margins because of manufacturing cost savings and lower coupon expense excluding PHILLY SWIRL and because of operating income of about $350,000 generated by PHILLY SWIRL.

FROZEN BEVERAGES

Frozen beverage and related product sales increased 6% to $64,408,000 in the third quarter and increased 6% to $152,929,000 in the nine month period. Beverage related sales alone were up 2% to $41,762,000 in the third quarter and were up 2% to $93,664,000 in the nine month periods.    Gallon sales were up less than 1% for the three months and nine months. Service revenue increased 20% to $16,610,000 in the third quarter and increased 13% to $43,354,000 for the nine month period with sales increases and decreases spread throughout our customer base, but with one customer accounting for about 75% of the sales increase in the third quarter and 65% for the year.

23

Sales of beverage machines, which tend to fluctuate from year to year while following no specific trend, were $457,000 or 9% higher in the third quarter and were $2,746,000 or 23% higher in the nine month period. The approximate number of company owned frozen beverage dispensers was 47,500 and 44,700 at June 28, 2014 and September 28, 2013, respectively. Operating income in our Frozen Beverage segment increased from $10,679,000 to $10,929,000 in the quarter and for the nine months decreased from $12,965,000 to $11,953,000. Group health insurance and liability insurance costs were higher by about $1,000,000 in the nine months compared to last year due primarily to an unusually high level of medical claims under our self-insured group health insurance program.

CONSOLIDATED

Gross profit as a percentage of sales increased to 32.81% in the three month period from 31.78% last year and increased to 30.84% in the nine month period from 29.79% a year ago. This year’s gross profit benefitted from lower liability insurance costs of about $1.1 million for the quarter and $1.6 million for the nine months as last year’s costs were unusually high. Additionally, higher volume in our food service segment and lower ingredients costs were reasons for the improved gross profit margin in both periods as well as a $500,000 product write down in last year’s quarter.

Total operating expenses increased $5,767,000 in the third quarter and as a percentage of sales increased from 18.11% percent to 18.94%. About 1/3 of the increase in total operating expenses were PHILLY SWIRL. For the nine months, operating expenses increased $10,417,000, and as a percentage of sales increased from 19.21% to 19.73%. About 20% of the increase in total operating expenses were PHILLY SWIRL. Operating expenses in the nine months this year include $880,000 of other general expenses for shutdown costs of our Norwalk, CA manufacturing facility. Marketing expenses were about 8.25% in both years’ quarter and 8.5% in both years’ nine months. Distribution expenses were 7.5% of sales in this year’s quarter and were 7.1% of sales in last year’s quarter, and were 7.8% of sales in this years’ nine month period up from 7.6% last year. Administrative expenses were 3.1% of sales this quarter and 3.3% for the nine month period as compared to 3.0% of sales last year in the third quarter and 3.2% for the nine months.

Operating income increased $ 3,279,000 or 10% to $35,663,000 in the third quarter and increased $7,362,000 or 11% to $66,604,000 in the nine months as a result of the aforementioned items.      

Investment income increased by $255,000 and $697,000 in the third quarter and nine months, respectively, due primarily to increased investments of marketable securities. We have investments of $129.6 million in mutual funds that seek current income with an emphasis on maintaining low volatility and overall moderate duration. We estimate the annual yield from these funds to approximate 3.5 – 3.75%.

24

The effective income tax rate has been estimated at 36% for both years’ quarter and nine months. We are estimating an effective income tax rate of approximately 36% for the year. 

Net earnings increased $2,506,000 or 12% in the current three month period to $23,678,000 and increased 13% to $49,625,000 for the nine months this year from $44,058,000 as a result of the aforementioned items.

There are many factors which can impact our net earnings from year to year and in the long run, among which are the supply and cost of raw materials and labor, insurance costs, factors impacting sales as noted above, the continuing consolidation of our customers, our ability to manage our manufacturing, marketing and distribution activities, our ability to make and integrate acquisitions and changes in tax laws and interest rates.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

There has been no material change in the Company’s assessment of its sensitivity to market risk since its presentation set forth, in item 7a. “Quantitative and Qualitative Disclosures About Market Risk,” in its 2013 annual report on Form 10-K filed with the SEC.

Item 4. Controls and Procedures

The Chief Executive Officer and the Chief Financial Officer of the Company (its principal executive officer and principal financial officer, respectively) have concluded, based on their evaluation as of June 28, 2014, that the Company’s disclosure controls and procedures are effective to ensure that information required to be disclosed by the Company in the reports filed or submitted by it under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and include controls and procedures designed to ensure that information required to be disclosed by the Company in such reports is accumulated and communicated to the Company’s management, including the Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

There has been no change in the Company’s internal control over financial reporting during the quarter ended June 28, 2014, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

25

PART II. OTHER INFORMATION

Item 6. Exhibits

Exhibit No.

31.1	&	Certification Pursuant to Section 302 of
31.2		the Sarbanes-Oxley Act of 2002
99.5	&	Certification Pursuant to the 18 U.S.C. Section 1350,
99.6		as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.1		The following financial information from J&J
		Snack Foods Corp.'s Quarterly Report on Form 10-Q for the quarter ended June 28, 2014, formatted in XBRL (extensible Business Reporting Language):
		(i)	Consolidated Balance Sheets,
		(ii)	Consolidated Statements of Earnings,
		(iii)	Consolidated Statements of Comprehensive Income,
		(iv)	Consolidated Statements of Cash Flows and
		(v)	the Notes to the Consolidated Financial Statements

26

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	J & J SNACK FOODS CORP.
Dated: July 28, 2014	/s/ Gerald B. Shreiber
	Gerald B. Shreiber
	Chairman of the Board,
	President, Chief Executive
	Officer and Director
	(Principal Executive Officer)
Dated: July 28, 2014	/s/ Dennis G. Moore
	Dennis G. Moore, Senior Vice
	President, Chief Financial
	Officer and Director
	(Principal Financial Officer)
	(Principal Accounting Officer)

 27

EX-31

Exhibit 31.1

CERTIFICATION PURSUANT TO

SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002

I, Dennis G. Moore, certify that:

1.             I have reviewed this report on Form 10-Q of J & J Snack Foods Corp.;

2.             Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.             Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.             The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal controls and procedures for financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)     designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)     designed such internal controls and procedures for financial reporting, or caused such internal controls over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of

financial statements for external purposes in accordance with generally accepted accounting principles;

c)     evaluated the effectiveness of the

registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)     disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s third fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.             The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a)     all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)     any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

Date: July 28, 2014

/s/ Dennis G. Moore

Dennis G. Moore, Senior Vice

President, Chief Financial

Officer and Director

(Principal Financial Officer)

(Principal Accounting Officer)

EX-31

Exhibit 31.2

CERTIFICATION PURSUANT TO

SECTION 302

OF THE SARBANES-OXLEY ACT OF 2002

I, Gerald B. Shreiber, certify that:

1.             I have reviewed this report on Form 10-Q of J & J Snack Foods Corp.;

2.             Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.             Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.             The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal controls and procedures for financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)     designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)     designed such internal controls and procedures for financial reporting, or caused such internal controls over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)     evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)     disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s third fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.             The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a)     all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)     any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls over financial reporting.

Date: July 28, 2014

/s/ Gerald B. Shreiber

Gerald B. Shreiber

Chairman of the Board,

President, Chief Executive

Officer and Director

(Principal Executive Officer)

EX-99

Exhibit 99.5

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Section 1350 of Chapter 63 of Title 18 of the United States Code), each of the undersigned officers of J & J Snack Foods Corp. (the “Company”), does hereby certify with respect to the Quarterly Report of the Company on Form 10-Q for the quarter ended June 28, 2014 (the “Report”) that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: July 28, 2014

/s/ Dennis G. Moore

Dennis G. Moore, Senior Vice

President, Chief Financial

Officer and Director

(Principal Financial Officer)

(Principal Accounting Officer)

The foregoing certification is being furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Section 1350 of Chapter 63 of Title 18 of the United States Code) and is not being filed as part of the Report or as a separate disclosure document.

EX-99

Exhibit 99.6

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Section 1350 of Chapter 63 of Title 18 of the United States Code), each of the undersigned officers of J & J Snack Foods Corp. (the “Company”), does hereby certify with respect to the Quarterly Report of the Company on Form 10-Q for the quarter ended June 28, 2014 (the “Report”) that:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: July 28, 2014

/s/ Gerald B. Shreiber

Gerald B. Shreiber

Chairman of the Board,

President, Chief Executive

Officer and Director

(Principal Executive Officer)

The foregoing certification is being furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Section 1350 of Chapter 63 of Title 18 of the United States Code) and is not being filed as part of the Report or as a separate disclosure document.

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Note 10 (Details) - Goodwill by Reporting Segment (USD $) In Thousands, unless otherwise specified	Jun. 28, 2014
Goodwill [Line Items]
Balance at June 28, 2014	$ 86,265
Food Service [Member]
Goodwill [Line Items]
Balance at June 28, 2014	46,831
Retail Supermarket [Member]
Goodwill [Line Items]
Balance at June 28, 2014	3,494
Frozen Beverages [Member]
Goodwill [Line Items]
Balance at June 28, 2014	$ 35,940

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Note 6 (Details) (USD $)	Jun. 28, 2014	Sep. 28, 2013
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 411,000	$ 438,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 221,000	$ 224,000

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Note 10 (Tables)

9 Months Ended

Jun. 28, 2014

Disclosure Text Block [Abstract]

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

	June 28, 2014				September 28, 2013
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(in thousands)
FOOD SERVICE
Indefinite lived intangible assets
Trade Names	$	13,072	$	-	$	12,880	$	-
Amortized intangible assets
Non compete agreements		592		501		545		478
Customer relationships		40,797		29,004		40,187		26,187
License and rights		3,606		2,684		3,606		2,614
	$	58,067	$	32,189	$	57,218	$	29,279
RETAIL SUPERMARKETS
Indefinite lived intangible assets
Trade Names	$	7,206	$	-	$	4,006	$	-
Amortized Intangible Assets
Non compete agreements		160		14		-		-
Customer relationships		7,979		198		279		62
	$	15,345	$	212	$	4,285	$	62
FROZEN BEVERAGES
Indefinite lived intangible assets
Trade Names	$	9,315	$	-	$	9,315	$	-
Amortized intangible assets
Non compete agreements		198		198		198		198
Customer relationships		6,478		5,294		6,478		4,830
Licenses and rights		1,601		766		1,601		714
	$	17,592	$	6,258	$	17,592	$	5,742
CONSOLIDATED	$	91,004	$	38,659	$	79,095	$	35,083

Schedule of Goodwill [Table Text Block]

	Food Service		Retail Supermarket		Frozen Beverages		Total
	(in thousands)
Balance at June 28, 2014	$	46,831	$	3,494	$	35,940	$	86,265

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Note 11 (Details) - Held to Maturity Securities by Contractual Maturity (USD $) In Thousands, unless otherwise specified	Jun. 28, 2014	Sep. 28, 2013
Held to Maturity Securities by Contractual Maturity [Abstract]
Due in one year or less		$ 256
Due in one year or less		256
Due after one year through five years		0
Due after one year through five years		0
Due after five years through ten years	2,000	2,000
Due after five years through ten years	1,999	1,950
Total held to maturity securities	2,000	2,256
Total held to maturity securities	1,999	2,206
Less current portion		256
Less current portion		256
Long term held to maturity securities	2,000	2,000
Long term held to maturity securities	$ 1,999	$ 1,950

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Note 10 (Details) (USD $)	3 Months Ended		9 Months Ended		1 Months Ended	3 Months Ended	1 Months Ended	3 Months Ended	9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013	Oct. 31, 2013 New York Pretzel [Member]	Dec. 28, 2013 New York Pretzel [Member]	May 31, 2014 PHILLY SWIRL [Member]	Jun. 28, 2014 PHILLY SWIRL [Member]	Jun. 28, 2014 Minimum [Member]	Jun. 28, 2014 Maximum [Member]
Note 10 (Details) [Line Items]
Number of Reportable Segments			3
Finite-Lived Intangible Asset, Useful Life									3 years	20 years
Indefinite-lived Intangible Assets Acquired						$ 849,000		$ 11,060,000
Amortization of Intangible Assets	1,290,000	1,110,000	3,576,000	3,342,000
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	4,900,000		4,900,000
Finite-Lived Intangible Assets, Amortization Expense, Year Two	5,400,000		5,400,000
Finite-Lived Intangible Assets, Amortization Expense, Year Three	5,100,000		5,100,000
Finite-Lived Intangible Assets, Amortization Expense, Year Four	2,600,000		2,600,000
Finite-Lived Intangible Assets, Amortization Expense, Year Five	1,800,000		1,800,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years 36 days
Goodwill, Acquired During Period					$ 7,716,000	$ 7,716,000	$ 1,600,000	$ 1,650,000

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Note 2

9 Months Ended

Jun. 28, 2014

Revenue [Abstract]

Revenue [Text Block]

Note 2 We recognize revenue from our products when the products are shipped to our customers. Repair and maintenance equipment service revenue is recorded when it is performed provided the customer terms are that the customer is to be charged on a time and material basis or on a straight-line basis over the term of the contract when the customer has signed a service contract. Revenue is recognized only where persuasive evidence of an arrangement exists, our price is fixed or estimable and collectability is reasonably assured. We record offsets to revenue for allowances, end-user pricing adjustments, trade spending, coupon redemption costs and returned product. Customers generally do not have the right to return product unless it is damaged or defective. We provide an allowance for doubtful receivables after taking into consideration historical experience and other factors. The allowance for doubtful receivables was $370,000 and $854,000 at June 28, 2014 and September 28, 2013, respectively.

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Note 12 (Details) (USD $)	3 Months Ended	9 Months Ended	2 Months Ended	3 Months Ended	12 Months Ended	1 Months Ended	3 Months Ended	1 Months Ended	3 Months Ended
	Jun. 28, 2014	Jun. 28, 2014	Jun. 28, 2014 Retail Supermarket [Member] PHILLY SWIRL [Member]	Sep. 29, 2012 Kim and Scott's [Member]	Sep. 24, 2011 Kim and Scott's [Member]	Oct. 31, 2013 New York Pretzel [Member]	Dec. 28, 2013 New York Pretzel [Member]	May 31, 2014 PHILLY SWIRL [Member]	Jun. 28, 2014 PHILLY SWIRL [Member]
Note 12 (Details) [Line Items]
Business Acquisition, Revenue Reported by Acquired Entity for Last Annual Period					$ 8,000,000			$ 25,000,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual			6,300,000	1,800,000
Business Combination, Consideration Transferred						11,800,000		17,400,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill						849,000		11,100,000
Goodwill, Acquired During Period						7,716,000	7,716,000	1,600,000	1,650,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment						3,049,000		1,200,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Working Capital Acquired								4,000,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets								95,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent								666,000
Business Combination, Acquisition Related Costs	$ 184,000	$ 257,000

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Note 3 (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Note 3 (Details) [Line Items]
Depreciation	$ 8,008,000	$ 7,434,000	$ 23,599,000	$ 21,298,000
Minimum [Member]
Note 3 (Details) [Line Items]
Finite-Lived Intangible Asset, Useful Life			3 years
Maximum [Member]
Note 3 (Details) [Line Items]
Finite-Lived Intangible Asset, Useful Life			20 years

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Note 2 (Details) (USD $)	Jun. 28, 2014	Sep. 28, 2013
Revenue [Abstract]
Allowance for Doubtful Accounts Receivable	$ 370,000	$ 854,000

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Note 13 (Details) - Changes to the Components of Other Comprehensive Loss (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (4,777)	$ (2,501)	$ (5,930)	$ (3,132)
Other comprehensive income (loss) before reclassifications	1,164	(3,619)	2,014	(2,988)
Amounts reclassified from accumulated other comprehensive income	63		366
Ending Balance	(3,550)	(6,120)	(3,550)	(6,120)
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(3,979)	(2,685)	(3,703)	(3,132)
Other comprehensive income (loss) before reclassifications	262	(947)	(14)	(500)
Ending Balance	(3,717)	(3,632)	(3,717)	(3,632)
Accumulated Net Unrealized Investment Gain (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(798)	184	(2,227)
Other comprehensive income (loss) before reclassifications	902	(2,672)	2,028	(2,488)
Amounts reclassified from accumulated other comprehensive income	63		366
Ending Balance	$ 167	$ (2,488)	$ 167	$ (2,488)

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Note 4 (Details) - Calculation of EPS (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Basic EPS
Income (Numerator)	$ 23,678	$ 21,172	$ 49,625	$ 44,058
Shares (Denominator)	18,686	18,807	18,686	18,804
Per Share Amount	$ 1.27	$ 1.13	$ 2.66	$ 2.34
Effect of Dilutive Securities
Options	146	106	128	86
Options	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.01)
Diluted EPS
Income (Numerator)	$ 23,678	$ 21,172	$ 49,625	$ 44,058
Shares (Denominator)	18,832	18,913	18,814	18,890
Per Share Amount	$ 1.26	$ 1.12	$ 2.64	$ 2.33

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Note 5 (Details) (USD $) In Millions, except Share data, unless otherwise specified	9 Months Ended			3 Months Ended	9 Months Ended	12 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014 5 year options [Member]	Dec. 28, 2013 10 year options [Member]	Jun. 28, 2014 10 year options [Member]	Sep. 27, 2014 Scenario, Forecast [Member]
Note 5 (Details) [Line Items]
Anticipated Share Based Compensation Net Of Tax Benefits						$ 1.8
Anticipated Share Based Compensation Per Share						$ 0.10
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	20.60%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	1.40%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.80%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	101,572	1,600
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 15.24	$ 13.76
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Volatility Calculation, Term			55 months	10 years	10 years

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Note 1

9 Months Ended

Jun. 28, 2014

Disclosure Text Block [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Note 1 In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly the financial position and the results of operations and cash flows. Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported net earnings.

The results of operations for the three and nine months ended June 28, 2014 and June 29, 2013 are not necessarily indicative of results for the full year. Sales of our frozen beverages and frozen juice bars and ices are generally higher in our third and fourth quarters due to warmer weather.

While we believe that the disclosures presented are adequate to make the information not misleading, it is suggested that these consolidated financial statements be read in conjunction with the consolidated financial statements and the notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 28, 2013.

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Note 5 (Details) - Share-Based Compensation (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	$ 514	$ 400	$ 1,399	$ 960
Per diluted share (in Dollars per share)	$ 0.03	$ 0.02	$ 0.07	$ 0.05
The above compensation is net of tax benefits	75	142	239	498
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	404	206	1,104	596
Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	102	179	279	316
Stock Issued to Outside Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation		11		35
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	$ 8	$ 4	$ 16	$ 13

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Note 11 (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Note 11 (Details) [Line Items]
Proceeds from Sale and Maturity of Marketable Securities	$ 1,185,000	$ 480,000	$ 7,245,000	$ 23,958,000
Marketable Securities, Gain (Loss)	(65,000)	0	(361,000)	0
Mutual Funds [Member]
Note 11 (Details) [Line Items]
Unrealized Gain (Loss) on Securities			(956,000)
Number of Funds	20		20
Marketable Securities	$ 79,800,000		$ 79,800,000

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Consolidated Balance Sheets (Current Period Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 28, 2014	Sep. 28, 2013
Current assets
Cash and cash equivalents	$ 67,754	$ 97,345
Marketable securities held to maturity		256
Accounts receivable, net	108,685	87,545
Inventories, net	80,161	71,785
Prepaid expenses and other	4,273	3,284
Deferred income taxes	4,713	4,502
Total current assets	265,586	264,717
Property, plant and equipment, at cost
Property, plant and equipment, at cost	534,598	510,442
Less accumulated depreciation and amortization	375,925	363,278
	158,673	147,164
Other assets
Goodwill	86,265	76,899
Other intangible assets, net	52,345	44,012
Marketable securities held to maturity	2,000	2,000
Marketable securities available for sale	129,640	107,664
Other	3,726	3,205
	273,976	233,780
	698,235	645,661
Current Liabilities
Current obligations under capital leases	171	211
Accounts payable	66,753	50,906
Accrued insurance liability	10,852	9,954
Accrued income taxes	1,562	1,740
Accrued liabilities	5,578	3,769
Accrued compensation expense	12,991	13,671
Dividends payable	5,975	2,988
Total current liabilities	103,882	83,239
Long-term obligations under capital leases	402	136
Deferred income taxes	45,807	45,183
Other long-term liabilities	525	538
Stockholders' Equity
Preferred stock, $1 par value; authorized 10,000,000 shares; none issued	0	0
Common stock, no par value; authorized, 50,000,000 shares; issued and outstanding 18,639,000 and 18,677,000 respectively	31,499	34,516
Accumulated other comprehensive loss	(3,550)	(5,930)
Retained Earnings	519,670	487,979
	547,619	516,565
	698,235	645,661
Land [Member]
Property, plant and equipment, at cost
Property, plant and equipment, at cost	2,496	2,496
Building [Member]
Property, plant and equipment, at cost
Property, plant and equipment, at cost	26,741	26,741
Plant Machinery and Equipment [Member]
Property, plant and equipment, at cost
Property, plant and equipment, at cost	191,043	179,331
Marketing Equipment [Member]
Property, plant and equipment, at cost
Property, plant and equipment, at cost	256,324	244,770
Transportation Equipment [Member]
Property, plant and equipment, at cost
Property, plant and equipment, at cost	6,890	5,953
Office Equipment [Member]
Property, plant and equipment, at cost
Property, plant and equipment, at cost	18,123	16,282
Improvements [Member]
Property, plant and equipment, at cost
Property, plant and equipment, at cost	26,450	24,917
Construction in Progress [Member]
Property, plant and equipment, at cost
Property, plant and equipment, at cost	$ 6,531	$ 9,952

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Consolidated Statements of Comprehensive Income (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Net Earnings	$ 23,678	$ 21,172	$ 49,625	$ 44,058
Foreign currency translation adjustments	262	(947)	(14)	(500)
Unrealized holding gain (loss) on marketable securities	965	(2,672)	2,394	(2,488)
Total Other Comprehensive Income (loss), net of tax	1,227	(3,619)	2,380	(2,988)
Comprehensive Income	$ 24,905	$ 17,553	$ 52,005	$ 41,070

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Note 9 (Details)	9 Months Ended
	Jun. 28, 2014
Segment Reporting [Abstract]
Number of Operating Segments	3
Number of Reportable Segments	3

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Note 5 (Tables)

9 Months Ended

Jun. 28, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

	Three months ended				Nine months ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013
	(in thousands, except per share amounts)
Stock Options	$	404	$	206	$	1,104	$	596
Stock purchase plan		102		179		279		316
Stock issued to outside directors		-		11		-		35
Stock issued to employees		8		4		16		13
	$	514	$	400	$	1,399	$	960
Per diluted share	$	0.03	$	0.02	$	0.07	$	0.05
The above compensation is net of tax benefits	$	75	$	142	$	239	$	498

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Note 9 (Details) - Reportable Segments Operations Information (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013	Sep. 28, 2013
Segment Reporting Information [Line Items]
Sales to External Customers	$ 257,113	$ 237,036	$ 665,957	$ 629,770
Depreciation and Amortization	9,426	8,623	27,528	24,875
Operating Income (Loss)	35,663	32,384	73,966	66,604
Capital Expenditures	10,521	11,397	31,346	26,954
Assets	698,235	639,637	698,235	639,637	645,661
Soft Pretzels [Member] | Food Service [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	41,337	36,136	119,460	104,067
Soft Pretzels [Member] | Retail Supermarket [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	7,090	8,576	26,314	27,200
Frozen Juices And Ices [Member] | Food Service [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	18,215	16,468	38,301	34,117
Frozen Juices And Ices [Member] | Retail Supermarket [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	24,187	18,226	39,012	33,694
Churros [Member] | Food Service [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	15,622	14,774	43,003	42,648
Handhelds [Member] | Food Service [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	6,221	6,806	18,337	20,058
Handhelds [Member] | Retail Supermarket [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	4,661	4,995	14,763	16,425
Bakery [Member] | Food Service [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	72,459	68,099	207,704	203,488
Other [Member] | Food Service [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	4,019	2,939	8,177	6,424
Other [Member] | Retail Supermarket [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	244	237	676	514
Other [Member] | Frozen Beverages [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	544	870	1,137	1,743
Coupon Redemtion [Member] | Retail Supermarket [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	(1,350)	(954)	(2,719)	(2,497)
Beverages [Member] | Frozen Beverages [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	41,762	40,996	93,664	91,476
Repair And Maintenance Service [Member] | Frozen Beverages [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	16,610	13,833	43,354	38,385
Machines Sales [Member] | Frozen Beverages [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	5,492	5,035	14,774	12,028
Food Service [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	157,873	145,222	434,982	410,802
Depreciation and Amortization	5,330	4,943	15,702	14,169
Operating Income (Loss)	21,245	18,822	53,958	46,782
Capital Expenditures	5,500	4,798	16,339	14,740
Assets	511,405	478,203	511,405	478,203
Retail Supermarket [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	34,832	31,080	78,046	75,336
Depreciation and Amortization	134	9	150	24
Operating Income (Loss)	3,489	2,883	8,055	6,857
Assets	18,627	6,074	18,627	6,074
Frozen Beverages [Member]
Segment Reporting Information [Line Items]
Sales to External Customers	64,408	60,734	152,929	143,632
Depreciation and Amortization	3,962	3,671	11,676	10,682
Operating Income (Loss)	10,929	10,679	11,953	12,965
Capital Expenditures	5,021	6,599	15,007	12,214
Assets	$ 168,203	$ 155,360	$ 168,203	$ 155,360

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Note 9 (Tables)

9 Months Ended

Jun. 28, 2014

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three months ended						Nine months ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
	(unaudited)
	(in thousands)
Sales to External Customers:
Food Service
Soft pretzels	$	41,337		$	36,136		$	119,460		$	104,067
Frozen juices and ices		18,215			16,468			38,301			34,117
Churros		15,622			14,774			43,003			42,648
Handhelds		6,221			6,806			18,337			20,058
Bakery		72,459			68,099			207,704			203,488
Other		4,019			2,939			8,177			6,424
	$	157,873		$	145,222		$	434,982		$	410,802
Retail Supermarket
Soft pretzels	$	7,090		$	8,576		$	26,314		$	27,200
Frozen juices and ices		24,187			18,226			39,012			33,694
Handhelds		4,661			4,995			14,763			16,425
Coupon redemption		(1,350	)		(954	)		(2,719	)		(2,497	)
Other		244			237			676			514
	$	34,832		$	31,080		$	78,046		$	75,336
Frozen Beverages
Beverages	$	41,762		$	40,996		$	93,664		$	91,476
Repair and maintenance service		16,610			13,833			43,354			38,385
Machines sales		5,492			5,035			14,774			12,028
Other		544			870			1,137			1,743
	$	64,408		$	60,734		$	152,929		$	143,632
Consolidated Sales	$	257,113		$	237,036		$	665,957		$	629,770
Depreciation and Amortization:
Food Service	$	5,330		$	4,943		$	15,702		$	14,169
Retail Supermarket		134			9			150			24
Frozen Beverages		3,962			3,671			11,676			10,682
	$	9,426		$	8,623		$	27,528		$	24,875
Operating Income:
Food Service	$	21,245		$	18,822		$	53,958		$	46,782
Retail Supermarket		3,489			2,883			8,055			6,857
Frozen Beverages		10,929			10,679			11,953			12,965
	$	35,663		$	32,384		$	73,966		$	66,604
Capital Expenditures:
Food Service	$	5,500		$	4,798		$	16,339		$	14,740
Retail Supermarket		-			-			-			-
Frozen Beverages		5,021			6,599			15,007			12,214
	$	10,521		$	11,397		$	31,346		$	26,954
Assets:
Food Service	$	511,405		$	478,203		$	511,405		$	478,203
Retail Supermarket		18,627			6,074			18,627			6,074
Frozen Beverages		168,203			155,360			168,203			155,360
	$	698,235		$	639,637		$	698,235		$	639,637

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Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013
Operating activities:
Net earnings	$ 49,625,000	$ 44,058,000
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation of fixed assets	23,599,000	21,298,000
Amortization of intangibles and deferred costs	3,929,000	3,577,000
Share-based compensation	1,638,000	1,458,000
Deferred income taxes	(257,000)	(167,000)
Loss on sale of marketable securities	361,000
Other	(205,000)	(118,000)
Changes in assets and liabilities net of effects from purchase of companies
Increase in accounts receivable	(17,390,000)	(16,104,000)
Increase in inventories	(6,320,000)	(5,462,000)
Increase in prepaid expenses	(262,000)	(1,248,000)
Increase in accounts payable and accrued liabilities	14,417,000	6,408,000
Net cash provided by operating activities	69,135,000	53,700,000
Investing activities:
Payment for purchases of companies, net of cash acquired	(28,528,000)
Purchases of property, plant and equipment	(31,346,000)	(26,954,000)
Purchases of marketable securities	(26,932,000)	(113,352,000)
Proceeds from redemption and sales of marketable securities	7,245,000	23,958,000
Proceeds from disposal of property and equipment	1,241,000	782,000
Other	(408,000)	(19,000)
Net cash used in investing activities	(78,728,000)	(115,585,000)
Financing activities:
Payments to repurchase common stock	(5,903,000)	(7,198,000)
Proceeds from issuance of stock	1,107,000	2,899,000
Payments on capitalized lease obligations	(273,000)	(267,000)
Payment of cash dividend	(14,949,000)	(8,457,000)
Net cash used in financing activities	(20,018,000)	(13,023,000)
Effect of exchange rate on cash and cash equivalents	20,000	(22,000)
Net decrease in cash and cash equivalents	(29,591,000)	(74,930,000)
Cash and cash equivalents at beginning of period	97,345,000	154,198,000
Cash and cash equivalents at end of period	$ 67,754,000	$ 79,268,000

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Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $)	Jun. 28, 2014	Sep. 28, 2013
Preferred, par value (in Dollars per share)	$ 1	$ 1
Preferred, shares authorized	10,000,000	10,000,000
Preferred, shares issued	0	0
Common stock, par value (in Dollars per share)	$ 0	$ 0
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	18,639,000	18,677,000
Common stock, shares outstanding	18,639,000	18,677,000

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Note 10

9 Months Ended

Jun. 28, 2014

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

Note 10 Our three reporting units, which are also reportable segments, are Food Service, Retail Supermarkets and Frozen Beverages.

The carrying amounts of acquired intangible assets for the Food Service, Retail Supermarkets and Frozen Beverage segments as of June 28, 2014 and September 29, 2013 are as follows:

	June 28, 2014				September 28, 2013
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(in thousands)
FOOD SERVICE
Indefinite lived intangible assets
Trade Names	$	13,072	$	-	$	12,880	$	-
Amortized intangible assets
Non compete agreements		592		501		545		478
Customer relationships		40,797		29,004		40,187		26,187
License and rights		3,606		2,684		3,606		2,614
	$	58,067	$	32,189	$	57,218	$	29,279
RETAIL SUPERMARKETS
Indefinite lived intangible assets
Trade Names	$	7,206	$	-	$	4,006	$	-
Amortized Intangible Assets
Non compete agreements		160		14		-		-
Customer relationships		7,979		198		279		62
	$	15,345	$	212	$	4,285	$	62
FROZEN BEVERAGES
Indefinite lived intangible assets
Trade Names	$	9,315	$	-	$	9,315	$	-
Amortized intangible assets
Non compete agreements		198		198		198		198
Customer relationships		6,478		5,294		6,478		4,830
Licenses and rights		1,601		766		1,601		714
	$	17,592	$	6,258	$	17,592	$	5,742
CONSOLIDATED	$	91,004	$	38,659	$	79,095	$	35,083

Amortized intangible assets are being amortized by the straight-line method over periods ranging from 3 to 20 years and amortization expense is reflected throughout operating expenses. Intangible assets of $849,000 were acquired in the food service segment in the New York Pretzel acquisition in the three months ended December 28, 2013. Intangible assets of $11,060,000 were acquired in the retail supermarket segment in the PHILLY SWIRL acquisition in the three months ended June 28, 2014. Aggregate amortization expense of intangible assets for the three months ended June 28, 2014 and June 29, 2013 was $1,290,000 and $1,110,000, respectively and for the nine months ended June 28,2014 and June 29, 2013 was $3,576,000 and $3,342,000, respectively.

Estimated amortization expense for the next five fiscal years is approximately $4,900,000 in 2014, $5,400,000 in 2015 and $5,100,000 in 2016, $2,600,000 in 2017 and $1,800,000 in 2018. The weighted average amortization period of the intangible assets is 10.1 years.

Goodwill

The carrying amounts of goodwill for the Food Service, Retail Supermarket and Frozen Beverage segments are as follows:

	Food Service		Retail Supermarket		Frozen Beverages		Total
	(in thousands)
Balance at June 28, 2014	$	46,831	$	3,494	$	35,940	$	86,265

Goodwill of $7,716,000 was acquired in the New York Pretzel acquisition in the three months ended December 28, 2013, all of which was allocated to the food service segment. Goodwill of $1,650,000 was acquired in the PHILLY SWIRL acquisition in the three months ended June 28, 2014, all of which was allocated to the retail supermarket segment.

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Document And Entity Information	9 Months Ended
	Jun. 28, 2014	Jul. 22, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	J&J SNACK FOODS CORP
Document Type	10-Q
Current Fiscal Year End Date	--09-27
Entity Common Stock, Shares Outstanding		18,644,778
Amendment Flag	false
Entity Central Index Key	0000785956
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Document Period End Date	Jun. 28, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q3

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Note 11

9 Months Ended

Jun. 28, 2014

Fair Value Disclosures [Abstract]

Fair Value Disclosures [Text Block]

Note 11 We have classified our investment securities as marketable securities held to maturity and available for sale. The FASB defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, the FASB has established three levels of inputs that may be used to measure fair value:

Level 1 Observable input such as quoted prices in active markets for identical assets or liabilities;

Level 2 Observable inputs, other than Level 1 inputs in active markets, that are observable either directly or indirectly; and

Level 3 Unobservable inputs for which there is little or no market data, which require the reporting entity to develop its own assumptions.

Marketable securities held to maturity and available for sale fair values are derived solely from level 1 inputs.

The amortized cost, unrealized gains and losses, and fair market values of our investment securities held to maturity at June 28, 2014 are summarized as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
US Government Agency Debt	$	2,000		-	$	1	$	1,999
	$	2,000	$	0	$	1	$	1,999

The amortized cost, unrealized gains and losses, and fair market values of our investment securities available for sale at June 28, 2014 are summarized as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
Mutual Funds	$	129,473	$	1,123	$	956	$	129,640
	$	129,473	$	1,123	$	956	$	129,640

The mutual funds seek current income with an emphasis on maintaining low volatility and overall moderate duration. The funds do not have contractual maturities; however, we classify them as long term assets as it is our intent to hold them for a period of over one year, although we may sell some or all of them depending on presently unanticipated needs for liquidity or market conditions. The unrealized losses of $956,000 are spread over 20 funds with a total fair market value of $79.8 million.

The amortized cost, unrealized gains and losses, and fair market values of our investment securities held to maturity at September 28, 2013 are summarized as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
US Government Agency Debt	$	2,000	$	-	$	50	$	1,950
Certificates of Deposit		256		-		-		256
	$	2,256	$	-	$	50	$	2,206

The amortized cost, unrealized gains and losses, and fair market values of our investment securities available for sale at September 28, 2013 are summarized as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
Mutual Funds	$	109,891	$	254	$	2,481	$	107,664
	$	109,891	$	254	$	2,481	$	107,664

The amortized cost and fair value of the Company’s held to maturity securities by contractual maturity at June 28, 2014 and September 28, 2013 are summarized as follows:

	June 28, 2014				September 28, 2013
	Amortized Cost		Fair Market Value		Amortized Cost		Fair Market Value
	(in thousands)
Due in one year or less	$	-	$	-	$	256	$	256
Due after one year through five years		-		-		-		-
Due after five years through ten years		2,000		1,999		2,000		1,950
Total held to maturity securities	$	2,000	$	1,999	$	2,256	$	2,206
Less current portion		-		-		256		256
Long term held to maturity securities	$	2,000	$	1,999	$	2,000	$	1,950

Proceeds from the redemption and sale of marketable securities were $1,185,000 and $7,245,000 in the three and nine months ended June 28, 2014 respectively, and $480,000 and $23,958,000 in the three and nine months ended June 29, 2013, respectively. Losses of $65,000 and $361,000 were recorded in the three and nine months ended June 28, 2014, respectively, and none were recorded last year. We use the specific identification method to determine the cost of securities sold.

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Consolidated Statements of Earnings (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Jun. 28, 2014		Jun. 29, 2013		Jun. 28, 2014		Jun. 29, 2013
Net Sales	$ 257,113		$ 237,036		$ 665,957		$ 629,770
Cost of goods sold(1)	172,745	[1]	161,714	[1]	460,570	[1]	442,162	[1]
Gross Profit	84,368		75,322		205,387		187,608
Operating expenses
Marketing (2)	21,274	[2]	19,554	[2]	56,825	[2]	53,499	[2]
Distribution (3)	19,314	[3]	16,750	[3]	51,816	[3]	47,863	[3]
Administrative (4)	7,883	[4]	7,063	[4]	21,648	[4]	20,122	[4]
Other general expense (income)	234		(429)		1,132		(480)
	48,705		42,938		131,421		121,004
Operating Income	35,663		32,384		73,966		66,604
Investment income	1,159		904		3,273		2,576
Interest expense & other	(26)		(29)		(89)		(82)
Earnings before income taxes	36,796		33,259		77,150		69,098
Income taxes	13,118		12,087		27,525		25,040
NET EARNINGS	$ 23,678		$ 21,172		$ 49,625		$ 44,058
Earnings per diluted share (in Dollars per share)	$ 1.26		$ 1.12		$ 2.64		$ 2.33
Weighted average number of diluted shares (in Shares)	18,832		18,913		18,814		18,890
Earnings per basic share (in Dollars per share)	$ 1.27		$ 1.13		$ 2.66		$ 2.34
Weighted average number of basic shares (in Shares)	18,686		18,807		18,686		18,804

[1] Includes share-based compensation expense of $136 and $371 for the three months and nine months ended June 28, 2014, respectively and $134 and $361 for the three months and nine months ended June 29, 2013.

[2] Includes share-based compensation expense of $190 and $530 for the three months and nine months ended June 28,2014, respectively and $186 and $496 for the three months and nine months ended June 29, 2013.

[3] Includes share-based compensation expense of $12 and $33 for the three months and nine months ended June 28, 2014, respectively and $8 and $23 for the three months and nine months ended June 29, 2013.

[4] Includes share-based compensation expense of $251 and $704 for the three months and nine months ended June 28, 2014, respectively and $214 and $578 for the three months and nine months ended June 29, 2013.

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Note 5

9 Months Ended

Jun. 28, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

Note 5 At June 28, 2014, the Company has three stock-based employee compensation plans. Share-based compensation was recognized as follows:

	Three months ended				Nine months ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013
	(in thousands, except per share amounts)
Stock Options	$	404	$	206	$	1,104	$	596
Stock purchase plan		102		179		279		316
Stock issued to outside directors		-		11		-		35
Stock issued to employees		8		4		16		13
	$	514	$	400	$	1,399	$	960
Per diluted share	$	0.03	$	0.02	$	0.07	$	0.05
The above compensation is net of tax benefits	$	75	$	142	$	239	$	498

The Company anticipates that share-based compensation will not exceed $1.8 million net of tax benefits, or approximately $.10 per share for the fiscal year ending September 27, 2014.

The fair value of each option grant is estimated on the date of grant using the Black-Scholes options-pricing model with the following weighted average assumptions used for grants in fiscal 2014 first nine months: expected volatility of 20.6%; risk-free interest rate of 1.4%; dividend rate of .8% and expected lives of 5 years.

During the 2014 nine month period, the Company granted 101,572 stock options. The weighted-average grant date fair value of these options was $15.24. During the 2013 nine month period, the Company granted 1,600 stock options. The weighted-average grant date fair value of these options was $13.76.

Expected volatility is based on the historical volatility of the price of our common shares over the past 55 months for 5 year options and 10 years for 10 year options. We use historical information to estimate expected life and forfeitures within the valuation model. The expected term of awards represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. Compensation cost is recognized using a straight-line method over the vesting or service period and is net of estimated forfeitures.

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Note 4

9 Months Ended

Jun. 28, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 4 Basic earnings per common share (EPS) excludes dilution and is computed by dividing income available to common shareholders by the weighted average common shares outstanding during the period. Diluted EPS takes into consideration the potential dilution that could occur if securities (stock options) or other contracts to issue common stock were exercised and converted into common stock. Our calculation of EPS is as follows:

	Three Months Ended June 28, 2014
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	23,678		18,686	$	1.27
Effect of Dilutive Securities
Options		-		146		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	23,678		18,832	$	1.26

	Nine Months Ended June 28, 2014
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	49,625		18,686	$	2.66
Effect of Dilutive Securities
Options		-		128		(0.02	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	49,625		18,814	$	2.64

	Three Months Ended June 29, 2013
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	21,172		18,807	$	1.13
Effect of Dilutive Securities
Options		-		106		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	21,172		18,913	$	1.12

	Nine Months Ended June 29, 2013
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	44,058		18,804	$	2.34
Effect of Dilutive Securities
Options		-		86		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	44,058		18,890	$	2.33

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Note 8 (Tables)

9 Months Ended

Jun. 28, 2014

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

	June 28, 2014		September 28, 2013
	(unaudited)
	(in thousands)
Finished goods	$	37,980	$	33,013
Raw Materials		15,780		14,489
Packaging materials		6,346		5,937
Equipment parts & other		20,055		18,346
	$	80,161	$	71,785
The above inventories are net of reserves	$	4,427	$	4,449

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Note 12

9 Months Ended

Jun. 28, 2014

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

Note 12 In June 2012, we acquired the assets of Kim & Scott’s Gourmet Pretzels, Inc., a manufacturer and seller of a premium brand soft pretzel. This business had sales of approximately $8 million over the prior twelve months to food service and retail supermarket customers and had sales of approximately $1.8 million in our 2012 fiscal year from the acquisition date.

In October 2013, we acquired the assets of New York Pretzel, a manufacturer and distributor of soft pretzels selling primarily in the northeast to foodservice and retail locations.  Of the purchase price of $11.8 million, $849,000 was allocated to intangible assets, $7,716,000 was allocated to goodwill and $3,049,000 was allocated to property, plant and equipment.

In May 2014, we acquired the stock of Philly’s Famous Water Ice, Inc. (PHILLY SWIRL). PHILLY SWIRL, located in Tampa, FL, produces frozen novelty products sold primarily to retail supermarket locations throughout the United States and to Canada with annual sales approximating $25 million.  The preliminary allocation of the purchase price of $17.4 million is $4.0 million to working capital, $1.2 million to property, plant and equipment, $11.1 million to intangible assets, $1.6 million to goodwill, and $95,000 to other assets and $666,000 to deferred tax liabilities. Sales of PHILLY SWIRL from the acquisition date to June 28, 2014 were $6.3 million and are included in the retail supermarket segment.    

The goodwill and intangible assets acquired in the business combinations are recorded at fair value.  To measure fair value for such assets, we use techniques including discounted expected future cash flows (Level 3 input).

Acquisition expense of $184,000 and $257,000 was recorded in other expense in the three and nine months ended June 28, 2014, respectively.

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Note 8

9 Months Ended

Jun. 28, 2014

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

Note 8 Inventories consist of the following:

	June 28, 2014		September 28, 2013
	(unaudited)
	(in thousands)
Finished goods	$	37,980	$	33,013
Raw Materials		15,780		14,489
Packaging materials		6,346		5,937
Equipment parts & other		20,055		18,346
	$	80,161	$	71,785
The above inventories are net of reserves	$	4,427	$	4,449

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Note 6

9 Months Ended

Jun. 28, 2014

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

Note 6 We account for our income taxes under the liability method. Under the liability method, deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities as measured by the enacted tax rates that will be in effect when these differences reverse.  Deferred tax expense is the result of changes in deferred tax assets and liabilities.

Additionally, we recognize a liability for income taxes and associated penalties and interest for tax positions taken or expected to be taken in a tax return which are more likely than not to be overturned by taxing authorities (“uncertain tax positions”).  We have not recognized a tax benefit in our financial statements for these uncertain tax positions.

The total amount of gross unrecognized tax benefits is $411,000 and $438,000 on June 28, 2014 and September 28, 2013, respectively, all of which would impact our effective tax rate over time, if recognized. We recognize interest and penalties related to income tax matters as a part of the provision for income taxes. As of June 28, 2014 and September 28, 2013, respectively, the Company has $221,000 and $224,000 of accrued interest and penalties.

In addition to our federal tax return and tax returns for Mexico and Canada, we file tax returns in all states that have a corporate income tax with virtually all open for examination for three to four years.

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Note 7

9 Months Ended

Jun. 28, 2014

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

New Accounting Pronouncements and Changes in Accounting Principles [Text Block]

Note 7 In February 2013, the FASB issued guidance which requires us to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, we are required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts not required under U.S. GAAP to be reclassified in their entirety to net income, we are required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. This guidance was effective for our fiscal year 2014 first quarter and its adoption did not have a material impact on our financial statements.

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Note 9

9 Months Ended

Jun. 28, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 9 We principally sell our products to the food service and retail supermarket industries. Sales and results of our frozen beverages business are monitored separately from the balance of our food service business because of different distribution and capital requirements. We maintain separate and discrete financial information for the three operating segments mentioned above which is available to our Chief Operating Decision Makers.

We have applied no aggregation criteria to any of these operating segments in order to determine reportable segments. Our three reportable segments are Food Service, Retail Supermarkets and Frozen Beverages. All inter-segment net sales and expenses have been eliminated in computing net sales and operating income (loss). These segments are described below.

Food Service

The primary products sold by the food service group are soft pretzels, frozen juice treats and desserts, churros, dough enrobed handheld products and baked goods. Our customers in the food service industry include snack bars and food stands in chain, department and discount stores; malls and shopping centers; fast food outlets; stadiums and sports arenas; leisure and theme parks; convenience stores; movie theatres; warehouse club stores; schools, colleges and other institutions. Within the food service industry, our products are purchased by the consumer primarily for consumption at the point-of-sale.

Retail Supermarkets

The primary products sold by the retail supermarket segment are soft pretzel products – including SUPERPRETZEL; frozen juice treats and desserts including LUIGI’S Real Italian Ice, MINUTE MAID Juice Bars and Soft Frozen Lemonade, WHOLE FRUIT frozen fruit bars, WHOLE FRUIT Sorbet, ICEE Squeeze-Up Tubes, PHILLY SWIRL stix and cups; dough enrobed handheld products and TIO PEPE’S Churros. Within the retail supermarket channel, our frozen and prepackaged products are purchased by the consumer for consumption at home.

Frozen Beverages

We sell frozen beverages and related products to the food service industry primarily under the names ICEE, ARCTIC BLAST, SLUSH PUPPIE and PARROT ICE in the United States, Mexico and Canada. We also provide repair and maintenance service to customers for customers’ owned equipment.

The Chief Operating Decision Maker for Food Service and Retail Supermarkets and the Chief Operating Decision Maker for Frozen Beverages monthly review detailed operating income statements and sales reports in order to assess performance and allocate resources to each individual segment. In addition, the Chief Operating Decision Makers review and evaluate depreciation, capital spending and assets of each segment on a quarterly basis to monitor cash flow and asset needs of each segment. Information regarding the operations in these three reportable segments is as follows:

	Three months ended						Nine months ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
	(unaudited)
	(in thousands)
Sales to External Customers:
Food Service
Soft pretzels	$	41,337		$	36,136		$	119,460		$	104,067
Frozen juices and ices		18,215			16,468			38,301			34,117
Churros		15,622			14,774			43,003			42,648
Handhelds		6,221			6,806			18,337			20,058
Bakery		72,459			68,099			207,704			203,488
Other		4,019			2,939			8,177			6,424
	$	157,873		$	145,222		$	434,982		$	410,802
Retail Supermarket
Soft pretzels	$	7,090		$	8,576		$	26,314		$	27,200
Frozen juices and ices		24,187			18,226			39,012			33,694
Handhelds		4,661			4,995			14,763			16,425
Coupon redemption		(1,350	)		(954	)		(2,719	)		(2,497	)
Other		244			237			676			514
	$	34,832		$	31,080		$	78,046		$	75,336
Frozen Beverages
Beverages	$	41,762		$	40,996		$	93,664		$	91,476
Repair and maintenance service		16,610			13,833			43,354			38,385
Machines sales		5,492			5,035			14,774			12,028
Other		544			870			1,137			1,743
	$	64,408		$	60,734		$	152,929		$	143,632
Consolidated Sales	$	257,113		$	237,036		$	665,957		$	629,770
Depreciation and Amortization:
Food Service	$	5,330		$	4,943		$	15,702		$	14,169
Retail Supermarket		134			9			150			24
Frozen Beverages		3,962			3,671			11,676			10,682
	$	9,426		$	8,623		$	27,528		$	24,875
Operating Income:
Food Service	$	21,245		$	18,822		$	53,958		$	46,782
Retail Supermarket		3,489			2,883			8,055			6,857
Frozen Beverages		10,929			10,679			11,953			12,965
	$	35,663		$	32,384		$	73,966		$	66,604
Capital Expenditures:
Food Service	$	5,500		$	4,798		$	16,339		$	14,740
Retail Supermarket		-			-			-			-
Frozen Beverages		5,021			6,599			15,007			12,214
	$	10,521		$	11,397		$	31,346		$	26,954
Assets:
Food Service	$	511,405		$	478,203		$	511,405		$	478,203
Retail Supermarket		18,627			6,074			18,627			6,074
Frozen Beverages		168,203			155,360			168,203			155,360
	$	698,235		$	639,637		$	698,235		$	639,637

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Note 8 (Details) - Inventories (USD $) In Thousands, unless otherwise specified	Jun. 28, 2014	Sep. 28, 2013
Inventories [Abstract]
Finished goods	$ 37,980	$ 33,013
Raw Materials	15,780	14,489
Packaging materials	6,346	5,937
Equipment parts & other	20,055	18,346
	80,161	71,785
The above inventories are net of reserves	$ 4,427	$ 4,449

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Note 4 (Tables)

9 Months Ended

Jun. 28, 2014

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended June 28, 2014
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	23,678		18,686	$	1.27
Effect of Dilutive Securities
Options		-		146		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	23,678		18,832	$	1.26

	Nine Months Ended June 28, 2014
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	49,625		18,686	$	2.66
Effect of Dilutive Securities
Options		-		128		(0.02	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	49,625		18,814	$	2.64

	Three Months Ended June 29, 2013
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	21,172		18,807	$	1.13
Effect of Dilutive Securities
Options		-		106		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	21,172		18,913	$	1.12

	Nine Months Ended June 29, 2013
	Income (Numerator)		Shares (Denominator)		Per Share Amount
	(in thousands, except per share amounts)
Basic EPS
Net Earnings available to common stockholders	$	44,058		18,804	$	2.34
Effect of Dilutive Securities
Options		-		86		(0.01	)
Diluted EPS
Net Earnings available to common stockholders plus assumed conversions	$	44,058		18,890	$	2.33

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Note 11 (Tables)

9 Months Ended

Jun. 28, 2014

Fair Value Disclosures [Abstract]

Unrealized Gain (Loss) on Investments [Table Text Block]

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
US Government Agency Debt	$	2,000		-	$	1	$	1,999
	$	2,000	$	0	$	1	$	1,999

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
Mutual Funds	$	129,473	$	1,123	$	956	$	129,640
	$	129,473	$	1,123	$	956	$	129,640

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
US Government Agency Debt	$	2,000	$	-	$	50	$	1,950
Certificates of Deposit		256		-		-		256
	$	2,256	$	-	$	50	$	2,206

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Market Value
	(in thousands)
Mutual Funds	$	109,891	$	254	$	2,481	$	107,664
	$	109,891	$	254	$	2,481	$	107,664

Investments Classified by Contractual Maturity Date [Table Text Block]

	June 28, 2014				September 28, 2013
	Amortized Cost		Fair Market Value		Amortized Cost		Fair Market Value
	(in thousands)
Due in one year or less	$	-	$	-	$	256	$	256
Due after one year through five years		-		-		-		-
Due after five years through ten years		2,000		1,999		2,000		1,950
Total held to maturity securities	$	2,000	$	1,999	$	2,256	$	2,206
Less current portion		-		-		256		256
Long term held to maturity securities	$	2,000	$	1,999	$	2,000	$	1,950

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Note 11 (Details) - Summary of Securities (USD $) In Thousands, unless otherwise specified	9 Months Ended	12 Months Ended
	Jun. 28, 2014	Sep. 28, 2013
Note 11 (Details) - Summary of Securities [Line Items]
Amortized Cost - Held To Maturity	$ 2,000	$ 2,256
Gross Unrealized Gains - Held To Maturity	0
Gross Unrealized Losses - Held To Maturity	1	50
Fair Market Value - Held To Maturity	1,999	2,206
Amortized Cost - Available For Sale	129,473	109,891
Gross Unrealized Gains - Available For Sale	1,123	254
Gross Unrealized Losses - Available For Sale	956	2,481
Fair Market Value - Available For Sale	129,640	107,664
US Government Corporations and Agencies Securities [Member]
Note 11 (Details) - Summary of Securities [Line Items]
Amortized Cost - Held To Maturity	2,000	2,000
Gross Unrealized Losses - Held To Maturity	1	50
Fair Market Value - Held To Maturity	1,999	1,950
Mutual Funds [Member]
Note 11 (Details) - Summary of Securities [Line Items]
Amortized Cost - Available For Sale	129,473	109,891
Gross Unrealized Gains - Available For Sale	1,123	254
Gross Unrealized Losses - Available For Sale	956	2,481
Fair Market Value - Available For Sale	129,640	107,664
Certificates of Deposit [Member]
Note 11 (Details) - Summary of Securities [Line Items]
Amortized Cost - Held To Maturity		256
Fair Market Value - Held To Maturity		$ 256

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Consolidated Statements of Earnings (Unaudited) (Parentheticals) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Allocated Share Based Compensation	$ 514	$ 400	$ 1,399	$ 960
Cost Of Goods Sold [Member]
Allocated Share Based Compensation	136	134	371	361
Marketing [Member]
Allocated Share Based Compensation	190	186	530	496
Distribution [Member]
Allocated Share Based Compensation	12	8	33	23
Administrative [Member]
Allocated Share Based Compensation	$ 251	$ 214	$ 704	$ 578

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Note 3

9 Months Ended

Jun. 28, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 3 Depreciation of equipment and buildings is provided for by the straight-line method over the assets’ estimated useful lives. Amortization of improvements is provided for by the straight-line method over the term of the lease or the assets’ estimated useful lives, whichever is shorter. Licenses and rights, customer relationships and non-compete agreements arising from acquisitions are amortized by the straight-line method over periods ranging from 3 to 20 years. Depreciation expense was $8,008,000 and $7,434,000 for the three months ended June 28, 2014 and June 29, 2013, respectively, and for the nine months ended June 28, 2014 and June 29, 2013 was $23,599,000 and $21,298,000 respectively.

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Note 13 (Tables)

9 Months Ended

Jun. 28, 2014

Disclosure Text Block [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Three Months Ended June 28, 2014									Nine Months Ended June 28, 2014
	(unaudited)									(unaudited)
	(in thousands)									(in thousands)
	Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total			Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total
Beginning Balance	$	(3,979	)	$	(798	)	$	(4,777	)	$	(3,703	)	$	(2,227	)	$	(5,930	)
Other comprehensive income (loss) before reclassifications		262			902			1,164			(14	)		2,028			2,014
Amounts reclassified from accumulated other comprehensive income		-			63			63			-			366			366
Ending Balance	$	(3,717	)	$	167		$	(3,550	)	$	(3,717	)	$	167		$	(3,550	)

	Three Months Ended June 29, 2013									Nine Months Ended June 29, 2013
	(unaudited)									(unaudited)
	(in thousands)									(in thousands)
	Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total			Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total
Beginning Balance	$	(2,685	)	$	184		$	(2,501	)	$	(3,132	)	$	-		$	(3,132	)
Other comprehensive income (loss) before reclassifications		(947	)		(2,672	)		(3,619	)		(500	)		(2,488	)		(2,988	)
Amounts reclassified from accumulated other comprehensive income		-			-			-			-			-			-
Ending Balance	$	(3,632	)	$	(2,488	)	$	(6,120	)	$	(3,632	)	$	(2,488	)	$	(6,120	)

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Note 10 (Details) - Intagible Assets by Reporting Segment (USD $) In Thousands, unless otherwise specified	Jun. 28, 2014	Sep. 28, 2013
Amortized intangible assets
Accumulated amortization of amortized intangible assets	$ 38,659	$ 35,083
CONSOLIDATED	91,004	79,095
CONSOLIDATED	38,659	35,083
Trade Names [Member] | Food Service [Member]
Indefinite lived intangible assets
Gross carrying amount of indefinite lived intangible assets	13,072	12,880
Trade Names [Member] | Retail Supermarket [Member]
Indefinite lived intangible assets
Gross carrying amount of indefinite lived intangible assets	7,206	4,006
Trade Names [Member] | Frozen Beverages [Member]
Indefinite lived intangible assets
Gross carrying amount of indefinite lived intangible assets	9,315	9,315
Food Service [Member] | Noncompete Agreements [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	592	545
Accumulated amortization of amortized intangible assets	501	478
CONSOLIDATED	501	478
Food Service [Member] | Customer Relationships [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	40,797	40,187
Accumulated amortization of amortized intangible assets	29,004	26,187
CONSOLIDATED	29,004	26,187
Food Service [Member] | License and Rights [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	3,606	3,606
Accumulated amortization of amortized intangible assets	2,684	2,614
CONSOLIDATED	2,684	2,614
Food Service [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	58,067	57,218
Accumulated amortization of amortized intangible assets	32,189	29,279
CONSOLIDATED	32,189	29,279
Retail Supermarket [Member] | Noncompete Agreements [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	160
Accumulated amortization of amortized intangible assets	14
CONSOLIDATED	14
Retail Supermarket [Member] | Customer Relationships [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	7,979	279
Accumulated amortization of amortized intangible assets	198	62
CONSOLIDATED	198	62
Retail Supermarket [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	15,345	4,285
Accumulated amortization of amortized intangible assets	212	62
CONSOLIDATED	212	62
Frozen Beverages [Member] | Noncompete Agreements [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	198	198
Accumulated amortization of amortized intangible assets	198	198
CONSOLIDATED	198	198
Frozen Beverages [Member] | Customer Relationships [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	6,478	6,478
Accumulated amortization of amortized intangible assets	5,294	4,830
CONSOLIDATED	5,294	4,830
Frozen Beverages [Member] | License and Rights [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	1,601	1,601
Accumulated amortization of amortized intangible assets	766	714
CONSOLIDATED	766	714
Frozen Beverages [Member]
Amortized intangible assets
Gross carrying amount of amortized intangible assets	17,592	17,592
Accumulated amortization of amortized intangible assets	6,258	5,742
CONSOLIDATED	$ 6,258	$ 5,742

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Note 13

9 Months Ended

Jun. 28, 2014

Disclosure Text Block [Abstract]

Comprehensive Income (Loss) Note [Text Block]

Note 13 Changes to the components of accumulated other comprehensive loss are as follows:

	Three Months Ended June 28, 2014									Nine Months Ended June 28, 2014
	(unaudited)									(unaudited)
	(in thousands)									(in thousands)
	Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total			Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total
Beginning Balance	$	(3,979	)	$	(798	)	$	(4,777	)	$	(3,703	)	$	(2,227	)	$	(5,930	)
Other comprehensive income (loss) before reclassifications		262			902			1,164			(14	)		2,028			2,014
Amounts reclassified from accumulated other comprehensive income		-			63			63			-			366			366
Ending Balance	$	(3,717	)	$	167		$	(3,550	)	$	(3,717	)	$	167		$	(3,550	)

All amounts are net of tax.

	Three Months Ended June 29, 2013									Nine Months Ended June 29, 2013
	(unaudited)									(unaudited)
	(in thousands)									(in thousands)
	Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total			Foreign Currency Translation Adjustments			Unrealized Holding Loss on Marketable Securities			Total
Beginning Balance	$	(2,685	)	$	184		$	(2,501	)	$	(3,132	)	$	-		$	(3,132	)
Other comprehensive income (loss) before reclassifications		(947	)		(2,672	)		(3,619	)		(500	)		(2,488	)		(2,988	)
Amounts reclassified from accumulated other comprehensive income		-			-			-			-			-			-
Ending Balance	$	(3,632	)	$	(2,488	)	$	(6,120	)	$	(3,632	)	$	(2,488	)	$	(6,120	)

All amounts are net of tax.