BRIDGFORD FOODS CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
For the years ended November 2, 2007, November 3, 2006, and October 28, 2005,
(in thousands, except share and per share amounts)
|
|
2007 |
|
2006 |
|
2005 |
|
Net sales |
|
$ |
125,091 |
|
$ |
134,264 |
|
$ |
130,845 |
|
Cost of products sold, excluding depreciation |
|
81,126 |
|
85,133 |
|
85,455 |
|
Selling, general and administrative expenses |
|
41,249 |
|
43,963 |
|
43,393 |
|
Depreciation |
|
3,389 |
|
3,777 |
|
4,251 |
|
Gain on sale of equity securities |
|
— |
|
(106 |
) |
— |
|
|
|
125,764 |
|
132,767 |
|
133,099 |
|
Income (loss) before taxes |
|
(673 |
) |
1,497 |
|
(2,254 |
) |
Provision (benefit) for taxes on income |
|
(381 |
) |
257 |
|
(1,311 |
) |
Net income (loss) |
|
$ |
(292 |
) |
$ |
1,240 |
|
$ |
(943 |
) |
Basic earnings (loss) per share |
|
$ |
(0.03 |
) |
$ |
0.13 |
|
$ |
(0.09 |
) |
Shares used to compute basic earnings (loss) per share |
|
9,928,107 |
|
9,966,483 |
|
9,994,816 |
|
Diluted earnings (loss) per share |
|
$ |
(0.03 |
) |
$ |
0.13 |
|
$ |
(0.09 |
) |
Shares used to compute diluted earnings (loss) per share |
|
9,928,107 |
|
9,966,483 |
|
9,994,816 |
|
See accompanying notes to consolidated financial statements.
|
