BRIDGFORD FOODS CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
For the years ended October 31, 2008 and November 2, 2007
(in thousands, except share and per share amounts)
|
|
2008 |
|
2007 |
| Net sales |
|
$ |
120,990 |
|
|
$ |
125,091 |
|
| Cost of products sold, excluding depreciation |
|
|
80,323 |
|
|
|
81,126 |
|
| Selling, general and administrative expenses |
|
|
43,252 |
|
|
|
41,249 |
|
| Depreciation |
|
|
3,283 |
|
|
|
3,389 |
|
|
|
|
126,858 |
|
|
|
125,764 |
|
| (Loss) before taxes |
|
|
(5,868 |
) |
|
|
(673 |
) |
| Provision (benefit) for taxes on income |
|
|
6,579 |
|
|
|
(381 |
) |
| Net (loss) |
|
$ |
(12,447 |
) |
|
$ |
(292 |
) |
| Basic (loss) per share |
|
$ |
(1.30 |
) |
|
$ |
(0.03 |
) |
| Shares used to compute basic (loss) per share |
|
|
9,577,286 |
|
|
|
9,928,107 |
|
| Diluted (loss) per share |
|
$ |
(1.30 |
) |
|
$ |
(0.03 |
) |
| Shares used to compute diluted (loss) per share |
|
|
9,577,286 |
|
|
|
9,928,107 |
|
See accompanying notes to consolidated financial statements. |
