Summary of Significant Segment Expenses and Other Segment Items |
The following tables present the significant segment expenses and other segment items regularly reviewed by the Company’s chief operating decision maker, currently the Company’s President and Chief Executive Officer:
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Eggs and Butter Segment |
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13-Weeks Ended |
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June 29, 2025 |
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|
June 30, 2024 |
|
Net revenue |
$ |
184,767 |
|
|
$ |
147,388 |
|
Less: |
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|
|
|
|
Cost of goods sold(1) |
|
109,703 |
|
|
|
86,637 |
|
Shipping and distribution |
|
9,000 |
|
|
|
7,203 |
|
Other selling expenses |
|
1,702 |
|
|
|
1,884 |
|
Marketing |
|
8,790 |
|
|
|
7,337 |
|
Other selling, general & administrative(1) |
|
28,309 |
|
|
|
23,900 |
|
Interest income |
|
(1,332 |
) |
|
|
(1,316 |
) |
Interest expense |
|
218 |
|
|
|
257 |
|
Depreciation and amortization |
|
3,468 |
|
|
|
3,288 |
|
Income tax provision |
|
7,893 |
|
|
|
1,772 |
|
Other segment expenses(2) |
|
378 |
|
|
|
87 |
|
Segment net income |
$ |
16,638 |
|
|
$ |
16,339 |
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|
|
|
|
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|
Reconciliation of profit or loss |
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|
|
|
|
Adjustments and reconciling items |
|
— |
|
|
|
— |
|
Consolidated net income |
$ |
16,638 |
|
|
$ |
16,339 |
|
(1) Excludes depreciation and amortization. (2) Other segment expenses included in segment net income includes the change in fair value of derivative instruments and other miscellaneous gains and losses.
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Eggs and Butter Segment |
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|
26-Weeks Ended |
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|
June 29, 2025 |
|
|
June 30, 2024 |
|
Net revenue |
$ |
346,956 |
|
|
$ |
295,316 |
|
Less: |
|
|
|
|
|
Cost of goods sold(1) |
|
206,311 |
|
|
|
172,686 |
|
Shipping and distribution |
|
17,835 |
|
|
|
14,799 |
|
Other selling expenses |
|
3,338 |
|
|
|
4,128 |
|
Marketing |
|
14,433 |
|
|
|
12,378 |
|
Other selling, general & administrative(1) |
|
52,749 |
|
|
|
43,518 |
|
Interest income |
|
(2,544 |
) |
|
|
(2,404 |
) |
Interest expense |
|
453 |
|
|
|
512 |
|
Depreciation and amortization |
|
6,727 |
|
|
|
6,499 |
|
Income tax provision |
|
13,334 |
|
|
|
7,474 |
|
Other segment expenses(2) |
|
781 |
|
|
|
364 |
|
Segment net income |
$ |
33,539 |
|
|
$ |
35,362 |
|
|
|
|
|
|
|
Reconciliation of profit or loss |
|
|
|
|
|
Adjustments and reconciling items |
|
— |
|
|
|
— |
|
Consolidated net income |
$ |
33,539 |
|
|
$ |
35,362 |
|
(1) Excludes depreciation and amortization. (2) Other segment expenses included in segment net income includes the change in fair value of derivative instruments and other miscellaneous gains and losses.
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