10-K Filing

BRIDGFORD FOODS CORP CIK: 14177 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001437749-13-000573`
Period End Date	20121031
Filing Date	20130118
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	brid-20121102.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 19 Cash Flow Statement 55 Stockholders Equity 13 Comprehensive Income 25

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$89.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$124.00K	USD	Point-in-time
Accounts receivable, allowance for promotional allowances (in Dollars)	`AllowanceForPromotions`	$2.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.32M	USD	Point-in-time
Accounts receivable, allowance for promotional allowances (in Dollars)	`AllowanceForPromotions`	$3.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.69M	USD	Point-in-time
Inv?ntory r?s?rv?s (in Dollars)	`InventoryValuationReserves`	$318.00K	USD	Point-in-time
Inv?ntory r?s?rv?s (in Dollars)	`InventoryValuationReserves`	$490.00K	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $89 and $124, respectively and promotional allowances of $3,559 and $2,289, respectively	`AccountsReceivableNetCurrent`	$11.76M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $89 and $124, respectively and promotional allowances of $3,559 and $2,289, respectively	`AccountsReceivableNetCurrent`	$9.70M	USD	Point-in-time
Inventories, less reserves of $490 and $318, respectively	`InventoryNet`	$17.36M	USD	Point-in-time
Inventories, less reserves of $490 and $318, respectively	`InventoryNet`	$16.89M	USD	Point-in-time
Deferred income taxes, valuation allowance (in Dollars)	`DeferredTaxAssetsValuationAllowanceCurrent`	$2.43M	USD	Point-in-time
Deferred income taxes, valuation allowance (in Dollars)	`DeferredTaxAssetsValuationAllowanceCurrent`	$2.44M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation (in Dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$56.68M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseAndOtherAssets`	$509.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseAndOtherAssets`	$340.00K	USD	Point-in-time
Property, plant and equipment, accumulated depreciation (in Dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$55.62M	USD	Point-in-time
Deferred income taxes, valuation allowance (in Dollars)	`DeferredTaxAssetsValuationAllowanceNoncurrent`	$9.04M	USD	Point-in-time
Refundable income taxes	`IncomeTaxReceivable`	$1.04M	USD	Point-in-time
Refundable income taxes	`IncomeTaxReceivable`	$787.00K	USD	Point-in-time
Deferred income taxes, valuation allowance (in Dollars)	`DeferredTaxAssetsValuationAllowanceNoncurrent`	$11.10M	USD	Point-in-time
Deferred income taxes, less valuation allowance of $2,440 and $2,432, respectively	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Deferred income taxes, less valuation allowance of $2,440 and $2,432, respectively	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$37.29M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$40.15M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization of $56,683 and $55,622, respectively	`PropertyPlantAndEquipmentNet`	$7.90M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation and amortization of $56,683 and $55,622, respectively	`PropertyPlantAndEquipmentNet`	$9.08M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$12.32M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$11.77M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred income taxes, less valuation allowance of $11,098 and $9,044, respectively	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Deferred income taxes, less valuation allowance of $11,098 and $9,044, respectively	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Total assets	`Assets`	$56.97M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Total assets	`Assets`	$61.55M	USD	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	9.16M	shares	Point-in-time
Common stock, shares Issued	`CommonStockSharesIssued`	9.20M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.20M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.16M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.25M	USD	Point-in-time
Accrued payroll, advertising and other expenses	`AccruedLiabilitiesCurrent`	$6.46M	USD	Point-in-time
Accrued payroll, advertising and other expenses	`AccruedLiabilitiesCurrent`	$5.59M	USD	Point-in-time
Current portion of non-current liabilities	`OtherLiabilitiesCurrent`	$3.44M	USD	Point-in-time
Current portion of non-current liabilities	`OtherLiabilitiesCurrent`	$4.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.28M	USD	Point-in-time
Non-current liabilities	`LiabilitiesNoncurrent`	$26.53M	USD	Point-in-time
Non-current liabilities	`LiabilitiesNoncurrent`	$18.85M	USD	Point-in-time
Total liabilities	`Liabilities`	$41.41M	USD	Point-in-time
Total liabilities	`Liabilities`	$32.13M	USD	Point-in-time
Contingencies and commitments (Notes 3, 5 and 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies and commitments (Notes 3, 5 and 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, without par value Authorized - 1,000 shares; issued and outstanding none	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, without par value Authorized - 1,000 shares; issued and outstanding none	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $1.00 par value Authorized - 20,000 shares; issued and outstanding 9,159 and 9,198	`CommonStockValue`	$9.26M	USD	Point-in-time
Common stock, $1.00 par value Authorized - 20,000 shares; issued and outstanding 9,159 and 9,198	`CommonStockValue`	$9.22M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$9.21M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$8.93M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$26.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.73M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-24.75M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$20.14M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$36.20M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$24.84M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$56.97M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$61.55M	USD	Point-in-time

Income Statement 19 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$127.36M	USD	Annual
Net sales	`SalesRevenueNet`	$118.26M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$80.74M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$83.06M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$1.68M	USD	1 Quarter
Gross margin	`GrossProfit`	$44.30M	USD	Annual
Gross margin	`GrossProfit`	$37.53M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$38.64M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$40.28M	USD	Annual
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.11M	USD	Annual
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.02M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-669.00K	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$365.00K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-443.00K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.65M	USD	Annual
Basic earnings (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$0.40	USD	Annual
Basic earnings (loss) per share (in Dollars per share)	`EarningsPerShareBasic`	$-0.05	USD	Annual
Shares used to compute basic earnings (loss) per common share (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.28M	shares	Annual
Shares used to compute basic earnings (loss) per common share (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.18M	shares	Annual

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-443.00K	USD	Annual
Net income	`NetIncomeLoss`	$3.65M	USD	Annual
Depreciation	`Depreciation`	$1.72M	USD	Annual
Depreciation	`Depreciation`	$1.80M	USD	Annual
(Recovery) provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$126.00K	USD	Annual
(Recovery) provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$-81.00K	USD	Annual
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$15.00K	USD	Annual
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$22.00K	USD	Annual
Deferred income taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-1.11M	USD	Annual
Deferred income taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-3.43M	USD	Annual
Tax valuation allowance	`ValuationAllowanceDeferredTaxAssetChangeInAmount`	$-1.11M	USD	Annual
Tax valuation allowance	`ValuationAllowanceDeferredTaxAssetChangeInAmount`	$-3.43M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.22M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.98M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$467.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$581.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$169.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$50.00K	USD	Annual
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-558.00K	USD	Annual
Refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-249.00K	USD	Annual
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$632.00K	USD	Annual
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$548.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$168.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$882.00K	USD	Annual
Accrued payroll, advertising and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$58.00K	USD	Annual
Accrued payroll, advertising and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$872.00K	USD	Annual
Current portion of non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$674.00K	USD	Annual
Current portion of non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$207.00K	USD	Annual
Non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-2.48M	USD	Annual
Non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.76M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.84M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.32M	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$54.00K	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$22.00K	USD	Annual
Additions to property, plant and equipment	`PropertyPlantAndEquipmentAdditions`	$-1.85M	USD	Annual
Additions to property, plant and equipment	`PropertyPlantAndEquipmentAdditions`	$-1.04M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.80M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.02M	USD	Annual
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$321.00K	USD	Annual
Shares repurchased	`PaymentsForRepurchaseOfCommonStock`	$1.31M	USD	Annual
Payments of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$83.00K	USD	Annual
Cash dividends paid	`PaymentsOfDividends`	$932.00K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-404.00K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.24M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$420.00K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.36M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.74M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.32M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$15.69M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$9.74M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$9.32M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$15.69M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$180.00K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$179.00K	USD	Annual
Transportation equipment financed by capital lease obligations	`CapitalLeaseObligationsIncurred`	$1.85M	USD	Annual

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$20.14M	USD	Point-in-time
Balance	`StockholdersEquity`	$36.20M	USD	Point-in-time
Balance	`StockholdersEquity`	$24.84M	USD	Point-in-time
Shares repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$321.00K	USD	Annual
Shares repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.31M	USD	Annual
Cash dividends paid	`DividendsCash`	$932.00K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-443.00K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.65M	USD	Annual
Net change in defined benefit plans and other benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.68M	USD	Annual
Net change in defined benefit plans and other benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.02M	USD	Annual
Balance	`StockholdersEquity`	$20.14M	USD	Point-in-time
Balance	`StockholdersEquity`	$36.20M	USD	Point-in-time
Balance	`StockholdersEquity`	$24.84M	USD	Point-in-time

Comprehensive Income 25 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-443.00K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.65M	USD	Annual
Actuarial loss unrecognized	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$8.31M	USD	Annual
Actuarial loss unrecognized	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$7.37M	USD	Annual
Prior service cost	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$1.00K	USD	Annual
Prior service cost	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$1.00K	USD	Annual
Other benefit	`OtherComprehensiveIncomeOtherPostRetirementPlansAdjustmentBeforeTaxPeriodIncreaseDecrease`	$-4.00K	USD	Annual
Other comprehensive loss from defined benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent`	$-8.31M	USD	Annual
Other comprehensive loss from defined benefit plans	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent`	$-7.37M	USD	Annual
Actuarial loss	`OtherComprehensiveIncomeOtherPostRetirementPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$-405.00K	USD	Annual
Actuarial loss	`OtherComprehensiveIncomeOtherPostRetirementPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$-753.00K	USD	Annual
Prior service cost	`OtherComprehensiveIncomeOtherPostRetirementPlansNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$42.00K	USD	Annual
Prior service cost	`OtherComprehensiveIncomeOtherPostRetirementPlansNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$99.00K	USD	Annual
Other comprehensive loss from other postretirement benefit plans	`OtherComprehensiveIncomeOtherPostRetirementPlansAdjustmentBeforeTaxPortionAttributabletoParent`	$-654.00K	USD	Annual
Other comprehensive loss from other postretirement benefit plans	`OtherComprehensiveIncomeOtherPostRetirementPlansAdjustmentBeforeTaxPortionAttributabletoParent`	$-363.00K	USD	Annual
Other comprehensive loss, before taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-8.68M	USD	Annual
Other comprehensive loss, before taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-8.02M	USD	Annual
Tax benefit on other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$3.29M	USD	Annual
Tax benefit on other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$3.05M	USD	Annual
Valuation allowance on tax benefit from items of other comprehensive income	`ValuationAllowanceOnTaxesFromItemsOfOtherComprehensiveIncome`	$-3.05M	USD	Annual
Valuation allowance on tax benefit from items of other comprehensive income	`ValuationAllowanceOnTaxesFromItemsOfOtherComprehensiveIncome`	$-3.29M	USD	Annual
Change in other comprehensive loss, net of tax	`OtherComprehensiveIncomeOtherNetOfTax`	$-8.68M	USD	Annual
Change in other comprehensive loss, net of tax	`OtherComprehensiveIncomeOtherNetOfTax`	$-8.02M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.37M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.12M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.