XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Distribution Agreements, Net | 3 Months Ended
--- | ---
Apr. 01, 2018
Distribution Agreements [Member] |
Other Identifiable Intangible Assets Net | 8.Distribution Agreements, Net Distribution agreements, net, which are amortized on a straight line basis and have an estimated useful life of 20 to 40 years, consisted of the following:
(in thousands) |  | April 1, 2018 |  |  | December 31, 2017 |
Distribution agreements at cost |  | $ | 939,527 |  |  | $ | 939,527 |
Less: Accumulated amortization |  |  | (32,127 | ) |  |  | (26,175 | )
Distribution agreements, net |  | $ | 907,400 |  |  | $ | 913,352 |
A reconciliation of the activity for distribution agreements, net for the first quarter of 2018 and the first quarter of 2017 is as follows:
|  | First Quarter |
(in thousands) |  | 2018 |  |  | 2017 |
Beginning balance - distribution agreements, net |  | $ | 913,352 |  |  | $ | 234,988 |
Conversion to distribution rights from franchise rights(1) |  |  | - |  |  |  | 533,040 |
System Transformation Transactions acquisitions |  |  | - |  |  |  | 28,200 |
Other distribution agreements |  |  | - |  |  |  | 44 |
Additional accumulated amortization |  |  | (5,952 | ) |  |  | (1,710 | )
Ending balance - distribution agreements, net |  | $ | 907,400 |  |  | $ | 794,562 |
| (1) | In connection with the closing of the March 2017 Transactions, the Company, The Coca-Cola Company and CCR entered into a comprehensive beverage agreement (as amended, the “CBA”) on March 31, 2017, and concurrently converted the Company’s franchise rights within the territories in which the Company distributed Coca‑Cola products prior to beginning the System Transformation to distribution agreements, net on the consolidated condensed financial statements. Prior to this conversion, the Company’s franchise rights resided entirely within the Nonalcoholic Beverages segment.

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_DistributionRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |