Concentration Risk Benchmark [Axis]
Accounts Receivable [Member]
Sales Revenue, Net [Member]
Customer [Axis]
Wal-Mart [Member]
Dollar General [Member]
Segments [Axis]
Frozen Food Products [Member]
Snack Food Products [Member]
Other [Member]
Product and Service [Axis]
Retail [Member]
Foodservice [Member]
Type of Arrangement and Non-arrangement Transactions [Axis]
Third Master Collateral Loan and Security Agreement [Member]
Debt Instrument [Axis]
3.70% Fixed Rate Chicago Processing Facility [Member]
Subsequent Event Type [Axis]
Subsequent Event [Member]
3.98% Fixed Rate Chicago Processing Facility [Member]
Equity Components [Axis]
Common Stock [Member]
Capital in Excess of Par Value [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Master Collateral Loan and Security Agreement [Member]
Range [Axis]
Maximum [Member]
4.13% Fixed Rate Chicago Processing Facility [Member]
Variable Rate [Axis]
LIBOR [Member]
Prime Rate [Member]
Credit Facility [Axis]
Line of Credit One [Member]
Line of Credit Two [Member]
Income Tax Authority [Axis]
Except California [Member]
Wells Fargo Bank N.A [Member]
Award Type [Axis]
Second Quarter of Fiscal 2020 [Member]
Deferred Tax [Member]
Entity Registrant Name
Entity Central Index Key
Document Type
Document Period End Date
Amendment Flag
Current Fiscal Year End Date
Entity Current Reporting Status
Entity Interactive Data Current
Entity Filer Category
Entity Small Business Flag
Entity Emerging Growth Company
Entity Shell Company
Entity Common Stock, Shares Outstanding
Document Fiscal Period Focus
Document Fiscal Year Focus
Statement of Financial Position [Abstract]
ASSETS
Current assets:
Cash and cash equivalents
Accounts receivable, less allowance for doubtful accounts of $57 and $31, respectively, and promotional allowances of $3,750 and $2,974, respectively
Inventories, net
Prepaid expenses and other current assets
Total current assets
Property, plant and equipment, net of accumulated depreciation and amortization of $54,544 and $54,015, respectively
Other non-current assets
Deferred income taxes (Note 5)
Total assets
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable
Accrued payroll, advertising and other expenses
Income taxes payable
Current lease payable
Current notes payable - equipment
Line of credit
Current portion of non-current liabilities
Total current liabilities
Long-term notes payable - equipment
Long-term lease payable
Non-current liabilities
Total liabilities
Contingencies and commitments (Note 3)
Shareholders' equity:
Preferred stock, without par value; authorized - 1,000,000 shares; issued and outstanding - none
Common stock, $1.00 par value; authorized - 20,000,000 shares; issued and outstanding - 9,076,832 and 9,076,832 shares, respectively
Capital in excess of par value
Retained earnings
Accumulated other comprehensive loss
Total shareholders' equity
Total liabilities and shareholders' equity
Accounts receivable, allowance for doubtful accounts
Accounts receivable, allowance for promotional allowances
Property, plant and equipment, accumulated depreciation
Preferred stock, par value
Preferred stock, shares authorized
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value
Common stock, shares authorized
Common stock, shares issued
Common stock, shares outstanding
Income Statement [Abstract]
Net sales
Cost of products sold
Gross margin
Selling, general and administrative expenses
Gain on sale of property, plant and equipment
Income before taxes
Provision for income taxes
Net income
Basic earnings per share
Shares used to compute basic earnings per share
Statement [Table]
Statement [Line Items]
Balance
Balance, shares
Net income
Balance
Balance, shares
Statement of Cash Flows [Abstract]
Cash flows from operating activities:
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation
Provision for losses on accounts receivable
Reduction in promotional allowances
Deferred income taxes, net
Changes in operating assets and liabilities:
Accounts receivable
Inventories
Prepaid expenses and other current assets
Other non-current assets
Accounts payable
Accrued payroll, advertising and other expenses
Income taxes payable
Non-current liabilities
Net cash (used in) provided by operating activities
Cash provided by (used in) investing activities:
Proceeds from sale of property, plant and equipment
Additions to property, plant and equipment
Net cash used in investing activities
Cash provided by (used in) financing activities:
Payment of lease obligations
Proceeds from bank borrowings
Repayments of bank borrowings
Net cash provided by financing activities
Net (decrease) increase in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
Supplemental disclosure of cash flow information:
Cash paid for income taxes
Cash paid for interest
Accounting Policies [Abstract]
Summary of Significant Accounting Policies
Inventory Disclosure [Abstract]
Inventories
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Commitments
Segment Reporting [Abstract]
Segment Information
Income Tax Disclosure [Abstract]
Income Taxes
Debt Disclosure [Abstract]
Equipment Notes Payable and Financial Arrangements
Revenue Recognition
Leases
Subsequent Events
Basic Earnings Per Share
Schedule of Customer Concentration
Schedule of Inventories
Schedule of Future Minimum Lease Payments
Schedule of Segment Reporting Information, by Segment
Schedule of Disaggregates Our Sales to Customers
Schedule of Long Term Notes Payable
Concentration risk, percentage
Lease term
Collateral loan receivable
Meat, ingredients and supplies
Work in progress
Finished goods
Inventories, net
Lease term, description
Amortization of equipment
2021
2022
2023
2024
2025
Later Years
Total Minimum Lease Payments
Less: Amount representing executory costs
Less: Amount representing interest
Present value of future minimum lease payments
Capital lease obligation, current
Capital lease obligations, noncurrent
Number of operating segments
Sales
Cost of products sold
Gross margin
SG&A
Gain on sale of property, plant and equipment
Income before taxes
Total assets
Additions to PP&E
Direct store delivery
Direct customer warehouse
Total Snack Food Products
Distributors
Total Frozen Food Products
Totals
Income tax rate reconciliation description
Federal income tax rate
Effective tax rate percentage
Operating loss carry forwards
Collaborative Arrangement and Arrangement Other than Collaborative [Axis]
Statistical Measurement [Axis]
Equipment financing amount
Loan borrowed amount
Facility fixed rate percentage
Debt term
Funding amount received
Debt monthly principal and interest payments
Debt monthly term
Line of credit, expired date
Line of credit, description
Line of credit, maximum borrowing amount
Variable rate
Line of credit
Secured equipment notes payable to Wells Fargo Bank, N.A. collateralized by equipment for the new Chicago processing facility.
Less current portion of notes payable
Total long-term notes payable - equipment
A provision (charged as a reduction of revenue) to relate the costs of certain customer discounts and rewards for the associated revenue. Accruals for trade and sales promotions are recorded primarily at the time a product is sold to the customer based on expected levels of performance. Settlement of these liabilitites typically occur in subsequent periods.
Loan Agreement [Member]
Wal-Mart [Member]
Dollar General [Member]
Frozen Food Products [Member]
Snack Food Products [Member]
Foodservice [Member]
Direct store delivery.
Direct customer warehouse.
Total Snack Food Products.
Distributors.
Total Frozen Food Products.
Lease term, description.
Security Agreement [Member]
Debt monthly term.
Funding amount received.
Capital in Excess of Par Value [Member]
First Receipts [Member]
Second Receipts [Member]
Schedule of Long Term Notes Payable [Table Text Block]
Master Collateral Loan and Security Agreement [Member]
4.13% Fixed Rate Chicago Processing Facility [Member]
3.98% Fixed Rate Chicago Processing Facility [Member]
Third Master Collateral Loan and Security Agreement [Member]
3.70% Fixed Rate Chicago Processing Facility [Member]
Line of Credit One [Member]
Line of Credit Two [Member]
Reduction in promotional allowances.
Present value of minimum lease payments for operating leases.
Amount representing executory costs,inance lease.
Amortization of equipment under financing lease.
Except California [Member]
Lease term or rental agreement term.
Schedule of Future Minimum Lease Payments of Financing Lease [Table Text Block]
Collateral loan receivable.
Wells Fargo Bank N.A [Member]
Second Quarter of Fiscal 2020 [Member]
Assets, Current
Liabilities, Current
Liabilities
Stockholders' Equity Attributable to Parent
Liabilities and Equity
Shares, Outstanding
Increase (Decrease) in Accounts Receivable
Increase (Decrease) in Inventories
Increase (Decrease) in Prepaid Expenses, Other
Increase (Decrease) in Other Noncurrent Assets
Increase (Decrease) in Accounts Payable
Increase (Decrease) in Accrued Liabilities
Increase (Decrease) in Income Taxes Payable
Increase (Decrease) in Other Noncurrent Liabilities
Net Cash Provided by (Used in) Operating Activities
Payments to Acquire Property, Plant, and Equipment
Net Cash Provided by (Used in) Investing Activities
Repayments of Long-term Capital Lease Obligations
Repayments of Bank Debt
Net Cash Provided by (Used in) Financing Activities
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations
Finance Lease, Liability, Payment, Due
Finance Lease, Liability, Undiscounted Excess Amount
FinancingLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
Cost of Revenue
Gain (Loss) on Disposition of Other Assets
Long-term Line of Credit