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Property, Plant and Equipment
 9 Months Ended
Sep. 29, 2013
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

5. Property, Plant and Equipment

The principal categories and estimated useful lives of property, plant and equipment were as follows:

 

In Thousands

    Sept. 29,
2013		      Dec. 30,
2012		      Sept. 30,
2012		      Estimated
Useful Lives		  

Land

    $ 12,307       $ 12,442       $ 12,443      

Buildings

      113,032         118,556         118,096         8-50 years   

Machinery and equipment

      143,518         140,963         134,808         5-20 years   

Transportation equipment

      159,012         163,586         157,006         4-20 years   

Furniture and fixtures

      42,403         41,580         40,126         3-10 years   

Cold drink dispensing equipment

      319,767         314,863         312,280         5-17 years   

Leasehold and land improvements

      72,632         71,956         77,425         5-20 years   

Software for internal use

      80,310         74,907         72,858         3-10 years   

Construction in progress

      3,266         8,264         3,674      
  

 

 

     

 

 

     

 

 

     

Total property, plant and equipment, at cost

      946,247         947,117         928,716      

Less: Accumulated depreciation and amortization

      651,100         639,650         636,948      
  

 

 

     

 

 

     

 

 

     

Property, plant and equipment, net

    $ 295,147       $ 307,467       $ 291,768      
  

 

 

     

 

 

     

 

 

     

Depreciation and amortization expense, which includes amortization expense for leased property under capital leases, was $14.8 million and $15.2 million in Q3 2013 and the third quarter of 2012 (“Q3 2012”), respectively. Depreciation and amortization expense, which includes amortization expense for leased property under capital leases, was $43.7 million and $46.1 million in the first nine months of 2013 (“YTD 2013”) and the first nine months of 2012 (“YTD 2012”), respectively.

The Company recognized a $1.2 million gain during the first quarter of 2013 (“Q1 2013”) on the sale of a distribution facility that was no longer in use. The gain on the sale of this property, plant and equipment was recorded in selling, delivery and administrative (S,D&A) expenses.

 

The Company changed the useful lives of certain cold drink dispensing equipment in Q1 2013 to reflect the estimated remaining useful lives. The change in useful lives reduced depreciation expense in Q3 2013 and YTD 2013 by $0.4 million ($0.03 per basic and diluted Common Stock; $0.03 per basic and diluted Class B Common Stock) and $1.3 million ($0.09 per basic Common Stock and $0.08 per diluted Common Stock; $0.09 per basic Class B Common Stock and $0.08 per diluted Class B Common Stock), respectively.