XML 56 R38.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Fair Value of Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jul. 03, 2016
Fair Value Disclosures [Abstract] |
Debt, Deferred Compensation Plan Assets and Liabilities Commodity Hedging Agreements and Acquisition Related Contingent Consideration | The carrying amounts and fair values of the Company's debt, deferred compensation plan assets and liabilities, commodity hedging agreements and acquisition related contingent consideration were as follows:
|  | July 3, 2016 |  |  | January 3, 2016 |  |  | June 28, 2015 |
|  | Carrying |  |  | Fair |  |  | Carrying |  |  | Fair |  |  | Carrying |  |  | Fair |
In Thousands |  | Amount |  |  | Value |  |  | Amount |  |  | Value |  |  | Amount |  |  | Value |
Deferred compensation plan assets |  | $ | 22,308 |  |  | $ | 22,308 |  |  | $ | 20,755 |  |  | $ | 20,755 |  |  | $ | 20,466 |  |  | $ | 20,466 |
Deferred compensation plan liabilities |  |  | (22,308 | ) |  |  | (22,308 | ) |  |  | (20,755 | ) |  |  | (20,755 | ) |  |  | (20,466 | ) |  |  | (20,466 | )
Commodity hedging agreements-assets |  |  | 662 |  |  |  | 662 |  |  |  | 3 |  |  |  | 3 |  |  |  | 575 |  |  |  | 575 |
Commodity hedging agreements-liabilities |  |  | (291 | ) |  |  | (291 | ) |  |  | (3,442 | ) |  |  | (3,442 | ) |  |  | (681 | ) |  |  | (681 | )
Public debt securities |  |  | (455,667 | ) |  |  | (495,700 | ) |  |  | (619,628 | ) |  |  | (645,400 | ) |  |  | (272,111 | ) |  |  | (297,700 | )
Non-public variable rate debt |  |  | (374,151 | ) |  |  | (375,000 | ) |  |  | - |  |  |  | - |  |  |  | (290,000 | ) |  |  | (290,000 | )
Acquisition related contingent consideration |  |  | (228,768 | ) |  |  | (228,768 | ) |  |  | (136,570 | ) |  |  | (136,570 | ) |  |  | (94,068 | ) |  |  | (94,068 | )
Deferred Compensation Plan Commodity Hedging Agreements and Acquisition Related Contingent Consideration | The following table summarizes, by assets and liabilities, the valuation of the Company’s deferred compensation plan, commodity hedging agreements and acquisition related contingent consideration:
|  | July 3, 2016 |  |  | January 3, 2016 |  |  | June 28, 2015 |
In Thousands |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred compensation plan assets |  | $ | 22,308 |  |  | $ | - |  |  | $ | - |  |  | $ | 20,755 |  |  | $ | - |  |  | $ | - |  |  | $ | 20,466 |  |  | $ | - |  |  | $ | - |
Commodity hedging agreements |  |  | - |  |  |  | 662 |  |  |  | - |  |  |  | - |  |  |  | 3 |  |  |  | - |  |  |  | - |  |  |  | 575 |  |  |  | - |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred compensation plan liabilities |  |  | 22,308 |  |  |  | - |  |  |  | - |  |  |  | 20,755 |  |  |  | - |  |  |  | - |  |  |  | 20,466 |  |  |  | - |  |  |  | - |
Commodity hedging agreements |  |  | - |  |  |  | 291 |  |  |  | - |  |  |  | - |  |  |  | 3,442 |  |  |  | - |  |  |  | - |  |  |  | 681 |  |  |  | - |
Public debt securities |  |  | - |  |  |  | 495,700 |  |  |  | - |  |  |  | - |  |  |  | 645,400 |  |  |  | - |  |  |  | - |  |  |  | 297,700 |  |  |  | - |
Non-public variable rate debt |  |  | - |  |  |  | 375,000 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 290,000 |  |  |  | - |
Acquisition related contingent consideration |  |  | - |  |  |  | - |  |  |  | 228,768 |  |  |  | - |  |  |  | - |  |  |  | 136,570 |  |  |  | - |  |  |  | - |  |  |  | 94,068 |
Summary of Reconciliation of Acquisition Related Contingent Consideration | The acquisition related contingent consideration is the Company’s only Level 3 asset or liability. A reconciliation of the activity is as follows:
|  | Second Quarter |  |  | First Half |
In Thousands |  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Opening balance |  | $ | 177,933 |  |  | $ | 98,505 |  |  | $ | 136,570 |  |  | $ | 46,850 |
Increase due to acquisitions |  |  | 36,868 |  |  |  | 3,029 |  |  |  | 68,039 |  |  |  | 50,312 |
Payments/accruals |  |  | (2,307 | ) |  |  | (1,388 | ) |  |  | (9,266 | ) |  |  | (2,105 | )
Fair value adjustment - (income) expense |  |  | 16,274 |  |  |  | (6,078 | ) |  |  | 33,425 |  |  |  | (989 | )
Ending balance |  | $ | 228,768 |  |  | $ | 94,068 |  |  | $ | 228,768 |  |  | $ | 94,068 |

X
- Definition Fair value assets and liability measured on recurring basis unobservable input reconciliation. + References No definition available. + Details
Name: | coke_FairValueAssetsAndLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock
Namespace Prefix: | coke_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration