BRIDGFORD FOODS CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
For the years ended October 30, 2009 and October 31, 2008
(in thousands, except share and per share amounts)
| |
|
2009 |
|
|
2008 |
|
Net sales |
|
$ |
122,665 |
|
|
$ |
120,990 |
|
Cost of products sold, excluding depreciation |
|
|
71,170 |
|
|
|
80,323 |
|
Selling, general and administrative expenses |
|
|
41,720 |
|
|
|
43,252 |
|
Depreciation |
|
|
2,733 |
|
|
|
3,283 |
|
| |
|
|
115,623 |
|
|
|
126,858 |
|
Income (loss) before taxes |
|
|
7,042 |
|
|
|
(5,868 |
) |
Provision for income taxes |
|
|
255 |
|
|
|
6,579 |
|
Net income (loss) |
|
$ |
6,787 |
|
|
$ |
(12,447 |
) |
Basic earnings (loss) per share |
|
$ |
0.72 |
|
|
$ |
(1.30 |
) |
Shares used to compute basic earnings (loss) per common share |
|
|
9,411,181 |
|
|
|
9,577,286 |
|
Diluted earnings (loss) per share |
|
$ |
0.72 |
|
|
$ |
(1.30 |
) |
Shares used to compute diluted earnings (loss) per common share |
|
|
9,411,181 |
|
|
|
9,577,286 |
|
|
