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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchase of Equity Securities
Common Stock and Dividend Data
The common stock of the Company is traded in the national over-the-counter market and is authorized for quotation on The Nasdaq National Market under the symbol “BRID”. The following table reflects the high and low closing prices and cash dividends paid as quoted by Nasdaq for each of the last eight fiscal quarters.
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Fiscal Year 2005
|
High
|
Low
|
Cash
Dividends
Paid
|
|
|
|
|
|
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First Quarter |
$ 9.24 |
$ 8.01 |
$ 0.00 |
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Second Quarter |
$ 9.15 |
$ 8.20 |
$ 0.00 |
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Third Quarter |
$ 9.19 |
$ 6.46 |
$ 0.00 |
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Fourth Quarter |
$ 8.18 |
$ 6.05 |
$ 0.00 |
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|
|
|
|
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Fiscal Year 2004 |
High |
Low |
Cash Dividends Paid |
|
|
|
|
|
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First Quarter |
$ 9.50 |
$ 7.39 |
$ 0.03 |
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Second Quarter |
$ 8.82 |
$ 7.06 |
$ 0.02 |
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Third Quarter |
$ 8.49 |
$ 7.07 |
$ 0.00 |
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Fourth Quarter |
$ 8.89 |
$ 7.52 |
$ 0.00 |
The payment of any future dividends will be at the discretion of the Company’s Board of Directors and will depend upon future earnings, financial requirements and other factors. The Company repurchased 16,000 shares of common stock in the amount of $128,000 in fiscal year 2005 under the 2.0 million share repurchase plan previously authorized by the Board of Directors and as extended by 500,000 additional shares authorized during the June 2005 Board Meeting.
Item 6. Selected Financial Data
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Oct. 28
2005
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Oct. 29
2004
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Oct. 31
2003
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Nov. 1
2002
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Nov. 2
2001(A)
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|
|
|
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|
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Net Sales |
$ 130,845 |
$ 137,865 |
$ 136,251 |
$ 139,202 |
$ 152,464 |
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Gross Margin Percent |
34.7 % |
34.5 % |
36.7 % |
36.5 % |
36.5 % |
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Net (Loss) Income |
(943 ) |
24 |
1,210 |
1,138 |
6,244 |
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Basic (Loss) Earnings Per Share |
(0.09 ) |
— |
0.12 |
0.11 |
0.59 |
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Current Assets |
43,738 |
44,401 |
45,686 |
46,413 |
50,677 |
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Current Liabilities |
11,841 |
12,665 |
12,489 |
11,800 |
12,652 |
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Working Capital |
31,897 |
31,736 |
33,197 |
34,613 |
38,025 |
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Property, Plant and Equipment, Net |
14,519 |
16,755 |
17,735 |
19,030 |
19,471 |
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Total Assets |
72,963 |
74,942 |
75,927 |
77,182 |
81,238 |
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Shareholders’ Equity |
48,262 |
48,664 |
52,333 |
54,390 |
57,335 |
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Cash Dividends Per Share |
0.00 |
0.05 |
0.16 |
0.26 |
0.28 |
(In thousands, except percent and per share amounts)
(A) Reclassified to give effect to EITF 01-09.
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