date:May 14, 2014
rease was primarily attributable to the increased cost of conventional milk, the Company's largest raw material. The total cost of milk was approximately 35% higher during the first quarter 2014 when compared to the same period in 2013.
Operating expenses as a percentage of net sales were approximately 21% during the first quarter of 2014, compared to approximately 20% during the same period in 2013.
This was primarily attributable to an increase in selling related expenses, which increased a