Segment Information | Note 4 – Segment Information The Company has two We evaluate each segment’s performance based on revenues and operating income. Selling, general and administrative (“SG&A”) expenses include corporate accounting, information systems, human resource management and marketing, which are managed at the corporate level. These activities are allocated to each operating segment based on revenues and/or actual usage. Assets managed at the corporate level are not attributable to each operating segment and thus have been included as “other” in the accompanying segment information. The following segment information is presented for the twelve weeks ended April 15, 2022, and April 16, 2021, respectively. Schedule of Segment Reporting Information, by Segment Segment Information Twelve weeks Ended April 15, 2022 Frozen Food Products Snack Food Products Other Totals Sales $ 12,477 $ 47,509 $ - $ 59,986 Cost of products sold 8,649 34,655 - 43,304 Gross margin 3,828 12,854 - 16,682 SG&A 3,286 11,892 - 15,178 Operating income 542 962 - 1,504 Total assets $ 14,484 $ 121,521 $ 26,318 $ 162,323 Additions to PP&E $ (54 ) $ 303 $ - $ 249 Twelve weeks Ended April 16, 2021 Frozen Food Products Snack Food Products Other Totals Sales $ 8,854 $ 41,623 $ - $ 50,477 Cost of products sold 6,399 33,491 - 39,890 Gross margin 2,455 8,132 - 10,587 SG&A 2,607 10,299 - 12,906 Gain on sale of property, plant, and equipment 6 (14 ) - (8 ) Operating loss (158 ) (2,153 ) - (2,311 ) Total assets $ 10,559 $ 115,409 $ 26,611 $ 152,579 Additions to PP&E $ 51 $ 2,556 $ - $ 2,607 The following segment information is presented for the twenty-four weeks ended April 15, 2022, and April 16, 2021, respectively. Twenty-four weeks Ended April 15, 2022 Frozen Food Products Snack Food Products Other Totals Sales $ 24,843 $ 99,229 $ - $ 124,072 Cost of products sold 17,500 73,497 - 90,997 Gross margin 7,343 25,732 - 33,075 SG&A 6,373 23,536 - 29,909 Gain on sale of property, plant, and equipment - (18 ) - (18 ) Operating income 970 2,214 - 3,184 Total assets $ 14,484 $ 121,521 $ 26,318 $ 162,323 Additions to PP&E $ 6 $ 623 $ - $ 629 Twenty-four weeks Ended April 16, 2021 Frozen Food Products Snack Food Products Other Totals Sales $ 18,118 $ 87,052 $ - $ 105,170 Cost of products sold 12,838 67,194 - 80,032 Gross margin 5,280 19,858 - 25,138 SG&A 5,415 21,466 - 26,881 Gain on sale of property, plant, and equipment (27 ) (55 ) - (82 ) Operating loss (108 ) (1,553 ) - (1,661 ) Total assets $ 10,559 $ 115,409 $ 26,611 $ 152,579 Additions to PP&E $ 121 $ 5,634 $ - $ 5,755 The following information further disaggregates our sales to customers by major distribution channel and customer type for the twelve weeks ended April 15, 2022, and April 16, 2021, respectively. Schedule of Disaggregates Our Sales to Customers Twelve weeks Ended April 15, 2022 Distribution Channel Retail (a) Foodservice (b) Totals Direct store delivery $ 31,065 $ - $ 31,065 Direct customer warehouse 16,444 - 16,444 Total Snack Food Products 47,509 - 47,509 Distributors 1,576 10,901 12,477 Total Frozen Food Products 1,576 10,901 12,477 Totals $ 49,085 $ 10,901 $ 59,986 Twelve weeks Ended April 16, 2021 Distribution Channel Retail (a) Foodservice (b) Totals Direct store delivery $ 31,482 $ - $ 31,482 Direct customer warehouse 10,141 - 10,141 Total Snack Food Products 41,623 - 41,623 Distributors 1,827 7,027 8,854 Total Frozen Food Products 1,827 7,027 8,854 Totals $ 43,450 $ 7,027 $ 50,477 (a) Includes sales to food retailers, such as grocery retailers, warehouse club stores, and internet-based retailers. (b) Includes sales to foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities and the military. Twenty-four weeks Ended April 15, 2022 Distribution Channel Retail (a) Foodservice (b) Totals Direct store delivery $ 67,694 $ - $ 67,694 Direct customer warehouse 31,535 - 31,535 Total Snack Food Products 99,229 - 99,229 Distributors 4,515 20,328 24,843 Total Frozen Food Products 4,515 20,328 24,843 Totals $ 103,744 $ 20,328 $ 124,072 Twenty-four weeks Ended April 16, 2021 Distribution Channel Retail (a) Foodservice (b) Totals Direct store delivery $ 67,174 $ - $ 67,174 Direct customer warehouse 19,878 - 19,878 Total Snack Food Products 87,052 - 87,052 Distributors 4,797 13,321 18,118 Total Frozen Food Products 4,797 13,321 18,118 Totals $ 91,849 $ 13,321 $ 105,170 (a) Includes sales to food retailers, such as grocery retailers, warehouse club stores, and internet-based retailers. (b) Includes sales to foodservice distributors, restaurant operators, hotel chains and noncommercial foodservice establishments such as schools, convenience stores, healthcare facilities and the military |