date:Feb 13, 2013
ve metal control programs in place.
Annies said it expects to recover a substantial portion of the recall-related costs from its product recall insurance and it may seek to recover additional costs from the third-party flour mill. Any recovery would be recorded to offset the charges once recovery is probable. Such recovery is expected to occur and be recorded in future quarters, the company said.
For the nine months ended Dec. 31, 2012, net income was $7,317,000, or 43c per share, down from $7