Seneca Foods Corp
For the period ended Dec 30, 2023. Filed Feb 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 30, 2023 · Filed Feb 8, 2024
SENEB$148.31-2.5%Stored close · as of Nov 4, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Net Earnings (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF NET EARNINGS
(In thousands, except per share data)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| December 30, 2023 | December 31, 2022 | December 30, 2023 | December 31, 2022 | |
| Net sales | $444,481 | $473,254 | $1,150,620 | $1,178,289 |
| Costs and expenses: | ||||
| Cost of product sold | 390,448 | 419,465 | 983,180 | 1,059,878 |
| Selling, general and administrative | 22,921 | 21,914 | 63,801 | 60,636 |
| Plant restructuring | (42) | 1,829 | 107 | 1,937 |
| Other operating expense (income), net | 392 | 229 | (1,151) | (2,411) |
| Total costs and expenses | 413,719 | 443,437 | 1,045,937 | 1,120,040 |
| Operating income | 30,762 | 29,817 | 104,683 | 58,249 |
| Other income and expenses: | ||||
| Other non-operating income | (1,825) | (2,017) | (4,500) | (5,070) |
| Interest expense, net | 9,388 | 4,277 | 23,146 | 8,037 |
| Earnings before income taxes | 23,199 | 27,557 | 86,037 | 55,282 |
| Income taxes | 5,524 | 6,503 | 20,472 | 12,994 |
| Net earnings | $17,675 | $21,054 | $65,565 | $42,288 |
| Earnings per share: | ||||
| Basic | $2.47 | $2.77 | $8.86 | $5.36 |
| Diluted | $2.45 | $2.74 | $8.78 | $5.31 |
| Weighted average common shares outstanding: | ||||
| Basic | 7,131 | 7,582 | 7,391 | 7,858 |
| Diluted | 7,202 | 7,655 | 7,462 | 7,931 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.