Bridgford Foods Corp | Investor Service

 

1996 Annual Report (Page 6)

Consolidated Statements of Income

    Fiscal year ended
    November 1
1996
(52 weeks)
    November 3
1995
(53 weeks)
    October 28
1994
(52 weeks)
Net sales     $118,316,470     $112,497,590     $108,883,562
   
   
   
Cost of products sold, excluding depreciation     75,874,768     71,854,739     70,580,426
Selling, general and administrative expenses     30,832,011     28,048,294     26,525,652
Depreciation     2,493,308     1,963,702     1,870,758
   
   
   
    109,200,087     101,866,735     98,976,836
   
   
   
Income before taxes     9,116,383     10,630,855     9,906,726
Provision for taxes on income     3,465,000     4,040,000     3,765,000
   
   
   
Net income     $5,561,383     $6,590,855     $6,141,726
   
   
   
Net income per share     $0.60     $0.70     $0.65

Consolidated Statements of Shareholders' Equity

    Common stock     Capital in excess of par
    Retained earnings
    Total shareholder's equity
Shares
    Amount
Balance, October 29, 1993     9,396,933     $9,453,816     $3,024,881     $15,688,974     $28,167,671
- Net income                 6,141,726     6,141,726
- Cash dividends paid ($.20 per share)                 (1,879,385)     (1,879,385)
   
   
   
   
   
Balance, October 28, 1994     9,396,933     $9,453,816     $3,024,881     $19,951,315     $32,430,012
- Net income                 6,590,855     6,590,855
- Cash dividends paid ($.23 per share)                 (2,161,295)     (2,161,295)
   
   
   
   
   
Balance, november 3, 1995     9,396,933     $9,453,816     $3,024,881     $24,380,875     $36,859,572
- Net income                 5,651,383     5,651,383
- Cash dividends paid ($.24 per share)                 (2,255,264)     (2,255,264)
   
   
   
   
   
Balance, November 1, 1996     $9,396,933     $9,453,816     3,024,881     $27,776,994     $40,255,691

 
1996 Annual Report: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12