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Segments (Tables) | 3 Months Ended
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Apr. 02, 2017
Segment Reporting [Abstract] |
Summary of Financial Information by Reportable Segment | The Company’s results for its two reportable segments are as follows:
|  | First Quarter |
(in thousands) |  | 2017 |  |  | 2016 |
Net sales: |  |  |  |  |  |  |  |
Nonalcoholic Beverages |  | $ | 832,395 |  |  | $ | 606,928 |
All Other |  |  | 76,792 |  |  |  | 45,709 |
Eliminations(1) |  |  | (43,485 | ) |  |  | (27,181 | )
Consolidated net sales |  | $ | 865,702 |  |  | $ | 625,456 |
Income from operations: |  |  |  |  |  |  |  |
Nonalcoholic Beverages |  | $ | 11,534 |  |  | $ | 10,968 |
All Other |  |  | 2,074 |  |  |  | 1,433 |
Consolidated income from operations |  | $ | 13,608 |  |  | $ | 12,401 |
Depreciation and amortization: |  |  |  |  |  |  |  |
Nonalcoholic Beverages |  | $ | 33,002 |  |  | $ | 22,908 |
All Other |  |  | 1,979 |  |  |  | 1,482 |
Consolidated depreciation and amortization |  | $ | 34,981 |  |  | $ | 24,390 |
Capital expenditures (exclusive of acquisition): |  |  |  |  |  |  |  |
Nonalcoholic Beverages |  | $ | 31,197 |  |  | $ | 24,994 |
All Other |  |  | 4,114 |  |  |  | 6,658 |
Consolidated capital expenditures |  | $ | 35,311 |  |  | $ | 31,652 |
(in thousands) |  | April 2, 2017 |  |  | January 1, 2017 |
Total assets: |  |  |  |  |  |  |  |
Nonalcoholic Beverages |  | $ | 2,562,969 |  |  | $ | 2,349,284 |
All Other |  |  | 107,608 |  |  |  | 105,785 |
Eliminations(1) |  |  | (5,757 | ) |  |  | (5,585 | )
Consolidated total assets |  | $ | 2,664,820 |  |  | $ | 2,449,484 |
| (1) | The entire net sales elimination for each year presented represents net sales from the All Other segment to the Nonalcoholic Beverages segment. Sales between these segments are either recognized at fair market value or cost depending on the nature of the transaction. Asset eliminations relate to eliminations of intercompany receivables and payables between the Nonalcoholic Beverages and All Other segments.
Net Sales by Product Category | Net sales by product category were as follows:
|  | First Quarter |
(in thousands) |  | 2017 |  |  | 2016 |
Bottle/can sales(1): |  |  |  |  |  |  |  |
Sparkling beverages (carbonated) |  | $ | 479,760 |  |  | $ | 352,670 |
Still beverages (noncarbonated, including energy products) |  |  | 256,058 |  |  |  | 166,190 |
Total bottle/can sales |  |  | 735,818 |  |  |  | 518,860 |
Other sales: |  |  |  |  |  |  |  |
Sales to other Coca-Cola bottlers |  |  | 64,730 |  |  |  | 50,210 |
Post-mix and other |  |  | 65,154 |  |  |  | 56,386 |
Total other sales |  |  | 129,884 |  |  |  | 106,596 |
Total net sales |  | $ | 865,702 |  |  | $ | 625,456 |
| (1) | During the second quarter of 2016, energy products were moved from the category of sparkling beverages to still beverages, which has been reflected in all periods presented. Total bottle/can sales remain unchanged in prior periods.

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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