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Business Segments (Tables)
6 Months Ended
Jun. 30, 2012
Business Segments  
Schedule of information by reportable segments

 

 

 

Snack
 Products

 

Frozen
 Products

 

Consolidated

 

Quarter ended June 30, 2012

 

 

 

 

 

 

 

Net revenues from external customers

 

$

24,821,600

 

$

23,194,132

 

$

48,015,732

 

Depreciation and amortization included in segment gross profit

 

501,391

 

216,519

 

717,910

 

Segment gross profit

 

5,393,539

 

3,810,265

 

9,203,804

 

Goodwill

 

5,986,252

 

5,629,973

 

11,616,225

 

 

 

 

 

 

 

 

 

Quarter ended June 25, 2011

 

 

 

 

 

 

 

Net revenues from external customers

 

$

24,920,265

 

$

18,689,071

 

$

43,609,336

 

Depreciation and amortization included in segment gross profit

 

440,316

 

210,823

 

651,139

 

Segment gross profit

 

5,236,241

 

2,861,312

 

8,097,553

 

Goodwill

 

5,986,252

 

5,629,973

 

11,616,225

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2012

 

 

 

 

 

 

 

Net revenues from external customers

 

$

49,030,558

 

$

46,005,238

 

$

95,035,796

 

Depreciation and amortization included in segment gross profit

 

990,591

 

432,982

 

1,423,573

 

Segment gross profit

 

10,488,350

 

8,060,080

 

18,548,430

 

Goodwill

 

5,986,252

 

5,629,973

 

11,616,225

 

 

 

 

 

 

 

 

 

Six months ended June 25, 2011

 

 

 

 

 

 

 

Net revenues from external customers

 

$

46,663,310

 

$

33,586,708

 

$

80,250,018

 

Depreciation and amortization included in segment gross profit

 

854,145

 

417,769

 

1,271,914

 

Segment gross profit

 

9,612,468

 

6,415,581

 

16,028,049

 

Goodwill

 

5,986,252

 

5,629,973

 

11,616,225

Schedule of reconciliation of reportable segment gross profit to consolidated income before income tax provisions

 

 

 

Quarter Ended

 

Six Months Ended

 

 

 

June 30,
2012

 

June 25,
2011

 

June 30,
2012

 

June 25,
2011

 

Segment gross profit

 

$

9,203,804

 

$

8,097,553

 

$

18,548,430

 

$

16,028,049

 

Unallocated amounts:

 

 

 

 

 

 

 

 

 

Selling, general and administrative expenses

 

(6,378,918

)

(6,544,826

)

(12,879,360

)

(12,054,085

)

Interest expense, net

 

(203,858

)

(199,021

)

(434,224

)

(417,731

)

Income before income tax provision

 

$

2,621,028

 

$

1,353,706

 

$

5,234,846

 

$

3,556,233