Bridgford Foods Corporation (BRID) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1308 N PATT ST ANAHEIM, CA 92801 |
| State of Incorp. | CA |
| Fiscal Year End | October 31 |
| Industry (SIC) | 2013 - Sausages and Other Prepared Meat Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 10/31/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 1/31/2022 Q1 | 10/31/2021 Q4 | 6/30/2021 Q3 | 4/30/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 16,333 | 20,109 | 6,858 | 1,832 | |||||
| Cash and cash equivalents | 16,333 | 20,109 | 6,858 | 1,832 | |||||
| Restricted cash and investments | 150 | 375 | 600 | 900 | |||||
| Receivables | 35,742 | 36,613 | 30,285 | 32,685 | 30,540 | 30,138 | 28,391 | ||
| Inventory, net of allowances, customer advances and progress billings | 40,533 | 42,022 | 40,935 | 39,233 | 36,771 | 34,517 | 31,106 | ||
| Inventory | 40,533 | 42,022 | 40,935 | 39,233 | 36,771 | 34,517 | 31,106 | ||
| Prepaid expense | 321 | 2,571 | |||||||
| Other undisclosed current assets | 1,164 | 1,241 | 3,143 | 701 | 1,086 | ||||
| Total current assets: | 92,929 | 99,908 | 79,319 | 77,043 | 70,257 | 65,956 | 61,483 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 71,830 | 69,040 | 70,357 | 71,722 | 72,886 | 75,999 | 76,045 | ||
| Other noncurrent assets | 11,589 | 11,646 | 12,647 | 12,637 | 13,647 | 15,202 | 15,051 | ||
| Total noncurrent assets: | 83,419 | 80,686 | 83,004 | 84,359 | 86,533 | 91,201 | 91,096 | ||
| TOTAL ASSETS: | 176,348 | 180,594 | 162,323 | 161,402 | 156,790 | 157,157 | 152,579 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 27,648 | 36,239 | 18,474 | 20,367 | 19,376 | 19,158 | 15,552 | ||
| Accounts payable | 13,658 | 12,010 | 12,229 | 14,110 | 12,388 | 12,496 | 10,380 | ||
| Accrued liabilities | 7,853 | 6,913 | 6,147 | 6,159 | 6,890 | 6,568 | 5,078 | ||
| Employee-related liabilities | 5,412 | ||||||||
| Taxes payable | 725 | 17,316 | 98 | 98 | 98 | 94 | 94 | ||
| Debt | 1,089 | 995 | 3,446 | 449 | 1,065 | 4,553 | 4,513 | ||
| Other liabilities | 4,029 | 2,991 | 6,973 | 6,266 | 5,178 | 11,253 | 7,994 | ||
| Other undisclosed current liabilities | (5,913) | ||||||||
| Total current liabilities: | 26,853 | 40,225 | 28,893 | 27,082 | 25,619 | 34,964 | 28,059 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,824 | 4,164 | 38,596 | 40,004 | 36,004 | 21,345 | 22,414 | ||
| Long-term debt, excluding current maturities | 3,824 | 4,164 | 38,596 | 40,004 | 36,004 | 21,345 | 22,414 | ||
| Liabilities, other than long-term debt | 19,346 | 18,817 | 18,744 | 19,031 | 20,189 | 31,321 | 31,169 | ||
| Deferred income tax liabilities | 8,972 | 3,400 | 3,400 | 3,400 | 3,400 | ||||
| Other liabilities | 10,374 | 15,417 | 15,344 | 15,631 | 16,789 | 31,321 | 31,169 | ||
| Total noncurrent liabilities: | 23,170 | 22,981 | 57,340 | 59,035 | 56,193 | 52,666 | 53,583 | ||
| Total liabilities: | 50,023 | 63,206 | 86,233 | 86,117 | 81,812 | 87,630 | 81,642 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 126,325 | 117,388 | 76,090 | 75,285 | 74,978 | 69,527 | 70,937 | ||
| Common stock | 9,134 | 9,134 | 9,134 | 9,134 | 9,134 | 9,134 | 9,134 | ||
| Additional paid in capital | 8,298 | 8,298 | 8,298 | 8,298 | 8,298 | 8,298 | 8,298 | ||
| Accumulated other comprehensive loss | (10,425) | (16,706) | (16,706) | (16,706) | (16,706) | (25,941) | (25,941) | ||
| Retained earnings | 119,318 | 116,662 | 75,364 | 74,559 | 74,252 | 78,036 | 79,446 | ||
| Total stockholders' equity: | 126,325 | 117,388 | 76,090 | 75,285 | 74,978 | 69,527 | 70,937 | ||
| TOTAL LIABILITIES AND EQUITY: | 176,348 | 180,594 | 162,323 | 161,402 | 156,790 | 157,157 | 152,579 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 10/31/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 1/31/2022 Q1 | 10/31/2021 Q4 | 6/30/2021 Q3 | 4/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 82,307 | 59,519 | 59,986 | 64,086 | 78,722 | 56,538 | 50,477 | |
| Cost of revenue (Cost of Goods and Services Sold) | (60,342) | (42,498) | (43,304) | (47,693) | (64,487) | (44,527) | (39,890) | |
| Gross profit: | 21,965 | 17,021 | 16,682 | 16,393 | 14,235 | 12,011 | 10,587 | |
| Operating expenses | (20,024) | 42,425 | (15,178) | (14,713) | (18,976) | (13,848) | (12,898) | |
| Operating income (loss): | 1,941 | 59,446 | 1,504 | 1,680 | (4,741) | (1,837) | (2,311) | |
| Nonoperating income (expense) | (287) | (1,262) | (308) | (1,307) | (153) | (100) | 3 | |
| Interest and debt expense | (231) | (261) | (318) | (297) | (323) | (253) | (319) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,423 | 57,923 | 878 | 76 | (5,217) | (2,190) | (2,627) | |
| Other undisclosed income from continuing operations before income taxes | 231 | 261 | 318 | 297 | 323 | 253 | 319 | |
| Income (loss) from continuing operations before income taxes: | 1,654 | 58,184 | 1,196 | 373 | (4,894) | (1,937) | (2,308) | |
| Income tax expense (benefit) | 1,002 | (16,886) | (391) | (66) | 1,110 | 527 | 535 | |
| Net income (loss) available to common stockholders, diluted: | 2,656 | 41,298 | 805 | 307 | (3,784) | (1,410) | (1,773) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 10/31/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 1/31/2022 Q1 | 10/31/2021 Q4 | 6/30/2021 Q3 | 4/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 2,656 | 41,298 | 805 | 307 | (3,784) | (1,410) | (1,773) | |
| Other undisclosed comprehensive income | 1,151 | 352 | ||||||
| Comprehensive income (loss): | 3,807 | 41,298 | 805 | 307 | (3,432) | (1,410) | (1,773) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 5,130 | 8,883 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 8,937 | 41,298 | 805 | 307 | 5,451 | (1,410) | (1,773) | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.