2023 Q1 Form 10-K Financial Statement

#000149315223002631 Filed on January 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $61.62M $82.31M $265.9M
YoY Change -3.84% 4.55% 10.59%
Cost Of Revenue $44.56M $60.34M $193.8M
YoY Change -6.58% -6.43% 2.53%
Gross Profit $17.07M $21.97M $72.06M
YoY Change 4.11% 54.3% 40.24%
Gross Profit Margin 27.69% 26.69% 27.1%
Selling, General & Admin $15.79M $20.11M $65.24M
YoY Change 7.22% 2.53% 7.59%
% of Gross Profit 92.55% 91.54% 90.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.448M $2.094M $6.682M
YoY Change -6.22% -6.68% 0.19%
% of Gross Profit 8.48% 9.53% 9.27%
Operating Expenses $15.79M $20.11M $65.24M
YoY Change 7.22% 5.26% 8.5%
Operating Profit $1.344M $1.859M $64.57M
YoY Change -19.13% -138.2% -838.55%
Interest Expense $125.0K -$231.0K $1.107M
YoY Change -142.09% -28.48% -191.19%
% of Operating Profit 9.3% -12.43% 1.71%
Other Income/Expense, Net -$14.00K -$3.164M
YoY Change -98.93% -430.62%
Pretax Income $1.330M $1.654M $61.41M
YoY Change 256.57% -133.8% -943.27%
Income Tax $398.0K -$1.002M $16.34M
% Of Pretax Income 29.92% -60.58% 26.61%
Net Earnings $932.0K $2.656M $45.07M
YoY Change 203.58% -170.19% -918.94%
Net Earnings / Revenue 1.51% 3.23% 16.95%
Basic Earnings Per Share $0.10 $4.96
Diluted Earnings Per Share $0.10 $0.29 $4.97
COMMON SHARES
Basic Shares Outstanding 9.077M shares 9.077M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.99M $16.33M $16.33M
YoY Change 609.17%
Cash & Equivalents $12.99M $16.33M $16.33M
Short-Term Investments
Other Short-Term Assets $1.412M $321.0K $321.0K
YoY Change -57.12% -89.1% -89.1%
Inventory $38.82M $40.53M $40.53M
Prepaid Expenses $321.0K
Receivables $32.68M $34.54M $34.54M
Other Receivables $1.367M $1.201M $1.201M
Total Short-Term Assets $87.27M $92.93M $92.93M
YoY Change 13.28% 32.27% 32.27%
LONG-TERM ASSETS
Property, Plant & Equipment $70.64M $71.83M $71.83M
YoY Change -1.51% -1.45% -1.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.70M $11.59M $11.59M
YoY Change -7.41% -15.08% -15.08%
Total Long-Term Assets $82.34M $83.42M $83.42M
YoY Change -2.39% -3.6% -3.6%
TOTAL ASSETS
Total Short-Term Assets $87.27M $92.93M $92.93M
Total Long-Term Assets $82.34M $83.42M $83.42M
Total Assets $169.6M $176.3M $176.3M
YoY Change 5.09% 12.47% 12.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.095M $13.66M $13.66M
YoY Change -35.54% 10.25% 10.25%
Accrued Expenses $7.243M $7.853M $10.76M
YoY Change 17.6% 13.98% 22.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.303M $1.291M $1.291M
YoY Change 113.61% 5.56% 5.56%
Total Short-Term Liabilities $20.27M $26.85M $26.85M
YoY Change -25.16% 4.82% 4.82%
LONG-TERM LIABILITIES
Long-Term Debt $3.686M $3.959M $3.959M
YoY Change -90.83% -89.07% -89.07%
Other Long-Term Liabilities $6.341M $10.37M $10.24M
YoY Change -58.92% -38.21% -35.28%
Total Long-Term Liabilities $6.341M $10.37M $14.20M
YoY Change -88.6% -38.21% -72.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.27M $26.85M $26.85M
Total Long-Term Liabilities $6.341M $10.37M $14.20M
Total Liabilities $42.35M $50.02M $50.02M
YoY Change -50.82% -38.86% -38.86%
SHAREHOLDERS EQUITY
Retained Earnings $120.3M $119.3M
YoY Change 60.69%
Common Stock $9.134M $9.134M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $127.3M $126.3M $126.3M
YoY Change
Total Liabilities & Shareholders Equity $169.6M $176.3M $176.3M
YoY Change 5.09% 12.47% 12.47%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $932.0K $2.656M $45.07M
YoY Change 203.58% -170.19% -918.94%
Depreciation, Depletion And Amortization $1.448M $2.094M $6.682M
YoY Change -6.22% -6.68% 0.19%
Cash From Operating Activities -$2.627M -$2.842M -$7.830M
YoY Change 96.48% -47.57% 30.67%
INVESTING ACTIVITIES
Capital Expenditures $259.0K $658.0K $3.770M
YoY Change -167.98% 9.12% -160.43%
Acquisitions
YoY Change
Other Investing Activities $72.00K $81.00K $60.12M
YoY Change 300.0% -122.63% -26236.96%
Cash From Investing Activities -$187.0K -$577.0K $56.35M
YoY Change -48.48% -335.51% -971.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$527.0K -357.0K -$32.56M
YoY Change -115.94% -107.21% -539.43%
NET CHANGE
Cash From Operating Activities -$2.627M -2.842M -$7.830M
Cash From Investing Activities -$187.0K -577.0K $56.35M
Cash From Financing Activities -$527.0K -357.0K -$32.56M
Net Change In Cash -$3.341M -3.776M $15.96M
YoY Change -307.9% 1578.22% -415.87%
FREE CASH FLOW
Cash From Operating Activities -$2.627M -$2.842M -$7.830M
Capital Expenditures $259.0K $658.0K $3.770M
Free Cash Flow -$2.886M -$3.500M -$11.60M
YoY Change 201.88% -41.9% -4796.36%

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CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
125000 usd
CY2022 BRID Provision For Promotional Allowances
ProvisionForPromotionalAllowances
-98000 usd
CY2021 BRID Provision For Promotional Allowances
ProvisionForPromotionalAllowances
319000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
57745000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
504000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5070000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1063000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1010000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3762000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7475000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
5000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-4955000 usd
CY2021 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-3361000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
11000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
3554000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1270000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1886000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
963000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
909000 usd
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
126000 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4000 usd
CY2022 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-1880000 usd
CY2021 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
722000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-657000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1125000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7830000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5992000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
60115000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
520000 usd
CY2021 BRID Changes In Escrow Balance
ChangesInEscrowBalance
-750000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3770000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6239000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
56345000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6469000 usd
CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
400000 usd
CY2021 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
538000 usd
CY2022 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
6000000 usd
CY2021 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
12000000 usd
CY2022 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
38157000 usd
CY2021 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
4053000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-32557000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7409000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
15958000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5052000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
375000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5427000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16333000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
375000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13345000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
148000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1107000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
1214000 usd
CY2021 BRID Noncash Repayment Of Equipment Loans With Bridge Loan
NoncashRepaymentOfEquipmentLoansWithBridgeLoan
10328000 usd
CY2021Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
6000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11589000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13647000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5412000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4877000 usd
CY2022Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
1305000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_845_eus-gaap--UseOfEstimates_zdT42OSVHHv7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_865_znllAFhwBdc7">Use of estimates and assumptions</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported revenues and expenses during the respective reporting periods. Actual results could differ from those estimates. Amounts estimated related to liabilities for pension benefits, self-insured workers’ compensation and employee healthcare benefits are subject to inherent uncertainties and these estimated liabilities may ultimately settle at amounts which may vary from current estimates. Other areas with underlying estimates include realization of deferred tax assets, cash surrender or contract value of life insurance policies, promotional allowances and the allowance for doubtful accounts and inventory reserves. Management believes its current estimates are reasonable and based on the best information available at the time.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We test long-lived assets for recoverability whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If an impairment is indicated, we measure the fair value of assets to determine if and when adjustments are recorded.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
177000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
127000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84B_eus-gaap--ConcentrationRiskCreditRisk_zxQaEck6OVg6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86A_zdhmG1ShMC68">Concentrations of credit risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our credit risk is diversified across a broad range of customers and geographic regions. Losses due to credit risk have recently been immaterial. The carrying amount of cash equivalents, accounts and other receivables, accounts payable and accrued liabilities approximate fair market value due to the short maturity of these instruments. We maintain cash balances at financial institutions, which may at times exceed the amounts insured by the Federal Deposit Insurance Corporation. Management does not believe there is significant credit risk associated with these financial institutions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sales to Wal-Mart® comprised <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_pid_uPure_c20211030__20221028__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--WalMartMember_z3HsQnjFTYX3" title="Concentration risk, percentage">29.8%</span> of revenues in fiscal year 2022 and <span id="xdx_902_eus-gaap--ConcentrationRiskPercentage1_pid_uPure_c20211030__20221028__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--WalMartMember_zE3QVtMVpM49" title="Concentration risk, percentage accounts receivable">26.1%</span> of total accounts receivable was due from Wal-Mart® as of October 28, 2022. Sales to Wal-Mart® comprised <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_uPure_c20201031__20211029__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--WalMartMember_zfepoGnvSoUg" title="Concentration risk, percentage">35.7%</span> of revenues in fiscal year 2021 and <span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_uPure_c20201031__20211029__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--WalMartMember_zlw4EBlvTQja" title="Concentration risk, percentage accounts receivable">5.5%</span> of total accounts receivable was due from Wal-Mart® as of October 29, 2021. The increase in accounts receivable from Wal-Mart® as of October 28, 2022 versus October 29, 2021 is attributable to the Company no longer accelerating payments from Wal-Mart®. Sales to Dollar General® comprised <span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_pid_uPure_c20211030__20221028__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--DollarGeneralMember_zWewwb7qnIv6" title="Concentration risk, percentage">16.9%</span> of revenues in fiscal year 2022 and <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_pid_uPure_c20211030__20221028__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--DollarGeneralMember_zxEEafYzvV6g" title="Concentration risk, percentage accounts receivable">19.9%</span> of total accounts receivable was due from Dollar General® as of October 28, 2022. Sales to Dollar General® comprised <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_uPure_c20201031__20211029__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--DollarGeneralMember_zK0br6wm1TIe" title="Concentration risk, percentage">14.5%</span> of revenues in fiscal year 2021 and <span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_pid_uPure_c20201031__20211029__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--DollarGeneralMember_zHKvBVR3Ilfe" title="Concentration risk, percentage accounts receivable">35.9%</span> of total accounts receivable was due from Dollar General® as of October 29, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2021Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
1258000 usd
CY2022 us-gaap Fiscal Period
FiscalPeriod
<p id="xdx_849_eus-gaap--FiscalPeriod_zwInNRCsmXw4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86B_zalnMFoVBTtf">Fiscal year</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We maintain our accounting records on a 52-53-week fiscal basis ending on the Friday closest to October 31. As part of the regular accounting cycle, fiscal years 2022 and 2021 included 52 weeks.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022 us-gaap Selling Expense
SellingExpense
6661000 usd
CY2021 us-gaap Selling Expense
SellingExpense
5299000 usd
CY2022 us-gaap Marketing Expense
MarketingExpense
15762000 usd
CY2021 us-gaap Marketing Expense
MarketingExpense
12787000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
2603000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
2340000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
501000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
16333000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
375000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
131000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2353000 usd
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
576000 usd
CY2022 us-gaap Property Plant And Equipment Interest Capitalization
PropertyPlantAndEquipmentInterestCapitalization
The Company incurred interest costs of $1,107 for fiscal year 2022, all of which was recorded as interest expense in relation to the construction of the new facility in Chicago.
CY2022 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
1107000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
0 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
0 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
10242000 usd
CY2021Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
7278000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2432000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2911000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
27859000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
26582000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
40533000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
36771000 usd
CY2021Q4 BRID Receivable On Life Insurance
ReceivableOnLifeInsurance
2205000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
79000 usd
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
97000 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
242000 usd
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
269000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
321000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2571000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
142798000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
137413000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
70968000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
64527000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
71830000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
72886000 usd
CY2022Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
11584000 usd
CY2021Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
13641000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
635000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
179000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7853000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6890000 usd
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
133000 usd
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
133000 usd
CY2022Q4 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
1746000 usd
CY2021Q4 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
2027000 usd
CY2022Q4 BRID Capital Lease Obligation Current
CapitalLeaseObligationCurrent
202000 usd
CY2021Q4 BRID Capital Lease Obligation Current
CapitalLeaseObligationCurrent
158000 usd
CY2022Q4 BRID Escrow And Customer Deposits Current
EscrowAndCustomerDepositsCurrent
26000 usd
CY2021Q4 BRID Escrow And Customer Deposits Current
EscrowAndCustomerDepositsCurrent
1676000 usd
CY2022Q4 BRID Operating Lease Right Of Use Liability Current
OperatingLeaseRightOfUseLiabilityCurrent
1054000 usd
CY2021Q4 BRID Operating Lease Right Of Use Liability Current
OperatingLeaseRightOfUseLiabilityCurrent
367000 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
766000 usd
CY2021Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
756000 usd
CY2022Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
102000 usd
CY2021Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
61000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4029000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5178000 usd
CY2022Q4 BRID Defined Benefit Pension Plan On Liabilities Noncurrent
DefinedBenefitPensionPlanOnLiabilitiesNoncurrent
-551000 usd
CY2021Q4 BRID Defined Benefit Pension Plan On Liabilities Noncurrent
DefinedBenefitPensionPlanOnLiabilitiesNoncurrent
7587000 usd
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
4852000 usd
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
6259000 usd
CY2022Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
1913000 usd
CY2021Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
1124000 usd
CY2022Q4 BRID Capital Lease Obligation Non Current
CapitalLeaseObligationNonCurrent
135000 usd
CY2021Q4 BRID Capital Lease Obligation Non Current
CapitalLeaseObligationNonCurrent
212000 usd
CY2022Q4 BRID Operating Lease Right Of Use Liability Noncurrent
OperatingLeaseRightOfUseLiabilityNoncurrent
3420000 usd
CY2021Q4 BRID Operating Lease Right Of Use Liability Noncurrent
OperatingLeaseRightOfUseLiabilityNoncurrent
248000 usd
CY2021Q4 BRID Accrued Payroll Taxes Noncurrent
AccruedPayrollTaxesNoncurrent
756000 usd
CY2022Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
605000 usd
CY2021Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
603000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10374000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
16789000 usd
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
2106000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
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DefinedBenefitPlanFairValueOfPlanAssets
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DefinedBenefitPlanServiceCost
134000 usd
CY2022 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
127000 usd
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DefinedBenefitPlanServiceCost
134000 usd
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DefinedBenefitPlanOnInterestCost
1772000 usd
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DefinedBenefitPlanOnInterestCost
1742000 usd
CY2022Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
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9021000 usd
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DefinedBenefitPlanOnInterestCost
1772000 usd
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DefinedBenefitPlanOnInterestCost
1742000 usd
CY2022 BRID Defined Benefit Plan Expected Returns On Plan Assets
DefinedBenefitPlanExpectedReturnsOnPlanAssets
4336000 usd
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DefinedBenefitPlanExpectedReturnsOnPlanAssets
3697000 usd
CY2022 BRID Defined Benefit Plan Expected Amortization Of Unrecognized Gain Loss Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationOfUnrecognizedGainLossNextFiscalYear
1210000 usd
CY2021 BRID Defined Benefit Plan Expected Amortization Of Unrecognized Gain Loss Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationOfUnrecognizedGainLossNextFiscalYear
2722000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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-1227000 usd
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
901000 usd
CY2022Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0258 pure
CY2021Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0245 pure
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0700 pure
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0700 pure
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
63295000 usd
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
54116000 usd
CY2022 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-10476000 usd
CY2021 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
11285000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
2170000 usd
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-20513000 usd
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-1681000 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
2169000 usd
CY2021 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
2107000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
50099000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
70882000 usd
CY2022Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
550000 usd
CY2021Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-7587000 usd
CY2022Q4 BRID Defined Benefit Plan Before Adoption Of Sfas158 Recognition Provisions Net Gains Loss Not Yet Recognized
DefinedBenefitPlanBeforeAdoptionOfSFAS158RecognitionProvisionsNetGainsLossNotYetRecognized
8471000 usd
CY2021Q4 BRID Defined Benefit Plan Before Adoption Of Sfas158 Recognition Provisions Net Gains Loss Not Yet Recognized
DefinedBenefitPlanBeforeAdoptionOfSFAS158RecognitionProvisionsNetGainsLossNotYetRecognized
15381000 usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
12838000 usd
CY2021Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
7794000 usd
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0700 pure
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
267000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2609000 usd
CY2022Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Domestic Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfDomesticSubsidiaries
289000 usd
CY2022Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.000 pure
CY2022Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1.000 pure
CY2021Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.000 pure
CY2021Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1.000 pure
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
50649000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
63295000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10574000 usd
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CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2264000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
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107000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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56000 usd
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
3503000 usd
CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
76000 usd
CY2022Q4 BRID State Taxes Payable Receivable
StateTaxesPayableReceivable
275000 usd
CY2021Q4 BRID State Taxes Payable Receivable
StateTaxesPayableReceivable
-34000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
63000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12895000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1529000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2458000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
143000 usd
CY2022 BRID Income Loss Tax Reconciliation Nondeductible Expense Life Insurance
IncomeLossTaxReconciliationNondeductibleExpenseLifeInsurance
427000 usd
CY2021 BRID Income Loss Tax Reconciliation Nondeductible Expense Life Insurance
IncomeLossTaxReconciliationNondeductibleExpenseLifeInsurance
-556000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
561000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
163000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16341000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1779000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
48000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
33000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
142000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
94000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
145000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
808000 usd
CY2022Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
628000 usd
CY2021Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
570000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
848000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
708000 usd
CY2021Q4 BRID Deferred Tax Assets Deferred Payroll Tax
DeferredTaxAssetsDeferredPayrollTax
397000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
143000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
221000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
733000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
819000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
1318000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
3794000 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
13440000 usd
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
13776000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
287000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3029000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
99000 usd
CY2022Q4 BRID Deferred Tax Assets
DeferredTaxAssets
-8972000 usd
CY2022Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
1089000 usd
CY2021Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
1065000 usd
CY2021Q4 BRID Deferred Tax Assets
DeferredTaxAssets
-3400000 usd
CY2022Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
3824000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
63000 usd
CY2021Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
36004000 usd
CY2022 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2023-03-01
CY2022 BRID Net Operating Loss Carryforwards Expiration Description
NetOperatingLossCarryforwardsExpirationDescription
The state loss carryforwards will expire at various dates from 2021 through 2040
CY2021Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Domestic Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfDomesticSubsidiaries
169000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
1054000 usd
CY2021Q3 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
18653 usd
CY2022 BRID Direct Customer Warehouse
DirectCustomerWarehouse
71424000 usd
CY2022 BRID Total Snack Food Products
TotalSnackFoodProducts
209644000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
173000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
169000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
126000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
299000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
173000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
25000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
299000 usd
CY2022 us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (the “Tax Act”). Among other significant changes, the Tax Act reduced the corporate federal income tax rate from 35% to 21%. The carryback of NOLs from tax years 2018 and 2019 under the CARES Act to pre-Tax Act years has generated an income tax benefit of $3,091 due to the difference in income tax rates. The release of research and development credits has generated an income tax benefit of $358. These income tax benefits have been recorded in the income tax provision for current fiscal year 2020
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.266 pure
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244 pure
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
4913000 usd
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
37069000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1089000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1041000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1081000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1121000 usd
CY2022Q4 BRID Long Term Debt Maturities Repayments Of Principal In Years Five And Six
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearsFiveAndSix
588000 usd
CY2022 us-gaap Lessee Finance Lease Description
LesseeFinanceLeaseDescription
The Company leases three long-haul trucks received during fiscal year 2019. The six-year leases for these trucks expire in 2025
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
57745000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
75000 usd
CY2022Q4 us-gaap Lessee Finance Lease Remaining Lease Term
LesseeFinanceLeaseRemainingLeaseTerm
P2Y
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
64571000 usd
CY2022Q4 us-gaap Assets
Assets
176348000 usd
CY2022 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
3770000 usd
CY2022 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
3770000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
240430000 usd
CY2021 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
189046000 usd
CY2021 us-gaap Gross Profit
GrossProfit
51384000 usd
CY2021 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
60127000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
504000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-8239000 usd
CY2021Q4 us-gaap Assets
Assets
156790000 usd
CY2021 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
6239000 usd
CY2022 BRID Direct Store Delivery
DirectStoreDelivery
138220000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1101000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1034000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1060000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
602000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4851000 usd
CY2022Q4 BRID Finance Lease Liability Amount Representing Executory Costs
FinanceLeaseLiabilityAmountRepresentingExecutoryCosts
36000 usd
CY2022Q4 BRID Finance Lease Liability Undiscounted Interest Amount
FinanceLeaseLiabilityUndiscountedInterestAmount
-4000 usd
CY2022Q4 BRID Future Minimum Finance Lease Payments
FutureMinimumFinanceLeasePayments
4811000 usd
CY2022Q4 BRID Capital Lease Obligation Current
CapitalLeaseObligationCurrent
202000 usd
CY2022Q4 BRID Capital Lease Obligation Non Current
CapitalLeaseObligationNonCurrent
135000 usd
CY2022Q4 BRID Finance Lease Right Of Use Asset Current
FinanceLeaseRightOfUseAssetCurrent
1054000 usd
CY2022Q4 BRID Finance Lease Right Of Use Asset Non Current
FinanceLeaseRightOfUseAssetNonCurrent
3420000 usd
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
265898000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
193837000 usd
CY2022 us-gaap Gross Profit
GrossProfit
72061000 usd
CY2022 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
65235000 usd
CY2022 BRID Distributors
Distributors
56254000 usd
CY2022 BRID Total Frozen Food Products
TotalFrozenFoodProducts
56254000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
265898000 usd
CY2021 BRID Direct Store Delivery
DirectStoreDelivery
143239000 usd
CY2021 BRID Direct Customer Warehouse
DirectCustomerWarehouse
55681000 usd
CY2021 BRID Total Snack Food Products
TotalSnackFoodProducts
198920000 usd
CY2021 BRID Distributors
Distributors
41510000 usd
CY2021 BRID Total Frozen Food Products
TotalFrozenFoodProducts
41510000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
240430000 usd

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