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Guarantor Financial Information (Tables) | 3 Months Ended
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Mar. 30, 2013
Guarantor Financial Information [Abstract] |
Guarantor Financial Information Condensed Consolidating Balance Sheet | Condensed Consolidating Balance Sheet As of March 30, 2013 (in thousands)
| Issuer | Guarantors | Non-guarantors | Eliminations | Consolidated
ASSETS |  |  |  |  |
Total current assets | $ | 201,606 |  | $ | 485,811 |  | $ | 5,042 |  | $ | (379,497 | ) | $ | 312,962 |
Investment in subsidiaries | 1,491,855 |  | — |  | — |  | (1,491,855 | ) | — |
Property, plant and equipment, net | 153,611 |  | 309,143 |  | — |  | — |  | 462,754 |
Intangible assets, net | 14,409 |  | 316,328 |  | 265 |  | — |  | 331,002 |
Goodwill | 21,860 |  | 359,243 |  | 266 |  | — |  | 381,369 |
Investment in unconsolidated subsidiary | — |  | — |  | 73,835 |  | — |  | 73,835 |
Other assets | 27,487 |  | 2,384 |  | — |  | — |  | 29,871 |
| $ | 1,910,828 |  | $ | 1,472,909 |  | $ | 79,408 |  | $ | (1,871,352 | ) | $ | 1,591,793 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Total current liabilities | $ | 441,496 |  | $ | 58,006 |  | $ | 2,165 |  | $ | (379,497 | ) | $ | 122,170 |
Long-term debt, net of current portion | 250,000 |  | 120 |  | — |  | — |  | 250,120 |
Other noncurrent liabilities | 59,738 |  | — |  | 171 |  | — |  | 59,909 |
Deferred income taxes | 61,735 |  | — |  | — |  | — |  | 61,735 |
Total liabilities | 812,969 |  | 58,126 |  | 2,336 |  | (379,497 | ) | 493,934 |
Total stockholders’ equity | 1,097,859 |  | 1,414,783 |  | 77,072 |  | (1,491,855 | ) | 1,097,859 |
| $ | 1,910,828 |  | $ | 1,472,909 |  | $ | 79,408 |  | $ | (1,871,352 | ) | $ | 1,591,793 |
Condensed Consolidating Balance Sheet As of December 29, 2012 (in thousands)
| Issuer | Guarantors | Non-guarantors | Eliminations | Consolidated
ASSETS |  |  |  |  |
Total current assets | $ | 174,576 |  | $ | 455,604 |  | $ | 3,037 |  | $ | (342,955 | ) | $ | 290,262 |
Investment in subsidiaries | 1,449,577 |  | — |  | — |  | (1,449,577 | ) | — |
Property, plant and equipment, net | 148,131 |  | 305,796 |  | — |  | — |  | 453,927 |
Intangible assets, net | 14,497 |  | 322,634 |  | 271 |  | — |  | 337,402 |
Goodwill | 21,860 |  | 359,243 |  | 266 |  | — |  | 381,369 |
Investment in unconsolidated subsidiary | — |  | — |  | 62,495 |  | — |  | 62,495 |
Other assets | 26,530 |  | 431 |  | — |  | — |  | 26,961 |
| $ | 1,835,171 |  | $ | 1,443,708 |  | $ | 66,069 |  | $ | (1,792,532 | ) | $ | 1,552,416 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Total current liabilities | $ | 414,755 |  | $ | 59,218 |  | $ | 666 |  | $ | (342,955 | ) | $ | 131,684 |
Long-term debt, net of current portion | 250,000 |  | 142 |  | — |  | — |  | 250,142 |
Other noncurrent liabilities | 61,365 |  | — |  | 174 |  | — |  | 61,539 |
Deferred income taxes | 46,615 |  | — |  | — |  | — |  | 46,615 |
Total liabilities | 772,735 |  | 59,360 |  | 840 |  | (342,955 | ) | 489,980 |
Total stockholders’ equity | 1,062,436 |  | 1,384,348 |  | 65,229 |  | (1,449,577 | ) | 1,062,436 |
| $ | 1,835,171 |  | $ | 1,443,708 |  | $ | 66,069 |  | $ | (1,792,532 | ) | $ | 1,552,416 |
Guarantor Financial Information Condensed Consolidating Statements Of Operations | Condensed Consolidating Statements of Operations For the three months ended March 30, 2013 (in thousands)
| Issuer | Guarantors | Non-guarantors | Eliminations | Consolidated
Net sales | $ | 161,872 |  | $ | 319,411 |  | $ | 4,134 |  | $ | (39,995 | ) | $ | 445,422 |
Cost and expenses: |  |  |  |  |
Cost of sales and operating expenses | 124,104 |  | 234,521 |  | 4,056 |  | (39,995 | ) | 322,686 |
Selling, general and administrative expenses | 22,567 |  | 19,686 |  | 40 |  | — |  | 42,293 |
Depreciation and amortization | 6,138 |  | 15,723 |  | 6 |  | — |  | 21,867 |
Total costs and expenses | 152,809 |  | 269,930 |  | 4,102 |  | (39,995 | ) | 386,846 |
Operating income | 9,063 |  | 49,481 |  | 32 |  | — |  | 58,576 |
Interest expense | (5,621 | ) | (4 | ) | — |  | — |  | (5,625 | )
Other, net | 938 |  | 135 |  | (6 | ) | — |  | 1,067 |
Equity in net loss of unconsolidated subsidiary | — |  | — |  | (1,195 | ) | — |  | (1,195 | )
Earnings in investments in subsidiaries | 29,718 |  | — |  | — |  | (29,718 | ) | — |
Income/(loss) before taxes | 34,098 |  | 49,612 |  | (1,169 | ) | (29,718 | ) | 52,823 |
Income taxes (benefit) | 1,693 |  | 19,177 |  | (452 | ) | — |  | 20,418 |
Net income (loss) | $ | 32,405 |  | $ | 30,435 |  | $ | (717 | ) | $ | (29,718 | ) | $ | 32,405 |
Condensed Consolidating Statements of Operations For the three months ended March 31, 2012 (in thousands)
| Issuer | Guarantors | Non-guarantors | Eliminations | Consolidated
Net sales | $ | 152,988 |  | $ | 273,509 |  | $ | 2,554 |  | $ | (41,943 | ) | $ | 387,108 |
Cost and expenses: |  |  |  |  |
Cost of sales and operating expenses | 121,097 |  | 194,813 |  | 2,502 |  | (41,943 | ) | 276,469 |
Selling, general and administrative expenses | 20,785 |  | 16,545 |  | 39 |  | — |  | 37,369 |
Depreciation and amortization | 6,296 |  | 14,458 |  | 6 |  | — |  | 20,760 |
Total costs and expenses | 148,178 |  | 225,816 |  | 2,547 |  | (41,943 | ) | 334,598 |
Operating income | 4,810 |  | 47,693 |  | 7 |  | — |  | 52,510 |
Interest expense | (6,925 | ) | — |  | — |  | — |  | (6,925 | )
Other, net | (642 | ) | 27 |  | 7 |  | — |  | (608 | )
Equity in net loss of unconsolidated subsidiary | — |  | — |  | (236 | ) | — |  | (236 | )
Earnings in investments in subsidiaries | 30,332 |  | — |  | — |  | (30,332 | ) | — |
Income/(loss) before taxes | 27,575 |  | 47,720 |  | (222 | ) | (30,332 | ) | 44,741 |
Income taxes | (996 | ) | 17,246 |  | (80 | ) | — |  | 16,170 |
Net income (loss) | $ | 28,571 |  | $ | 30,474 |  | $ | (142 | ) | $ | (30,332 | ) | $ | 28,571 |
Guarantor Financial Information Condensed Consolidating Statements of Comprehensive Income (Loss) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the three months ended March 30, 2013 (in thousands)
| Issuer | Guarantors | Non-guarantors | Eliminations | Consolidated
Net income | $ | 32,405 |  | $ | 30,435 |  | $ | (717 | ) | $ | (29,718 | ) | $ | 32,405 |
Other comprehensive income (loss), net of tax: |  |  |  |  |
Pension adjustments | 805 |  | — |  | — |  | — |  | 805 |
Natural gas swap derivative adjustments | 148 |  | — |  | — |  | — |  | 148 |
Corn option derivative adjustments | 949 |  | — |  | — |  | — |  | 949 |
Total other comprehensive income, net of tax | 1,902 |  | — |  | — |  | — |  | 1,902 |
Total comprehensive income (loss) | $ | 34,307 |  | $ | 30,435 |  | $ | (717 | ) | $ | (29,718 | ) | $ | 34,307 |
Condensed Consolidating Statements of Comprehensive Income (Loss) For the three months ended March 31, 2012 (in thousands)
| Issuer | Guarantors | Non-guarantors | Eliminations | Consolidated
Net income | $ | 28,571 |  | $ | 30,474 |  | $ | (142 | ) | $ | (30,332 | ) | $ | 28,571 |
Other comprehensive income (loss), net of tax: |  |  |  |  |
Pension adjustments, net of tax | 742 |  | — |  | — |  | — |  | 742 |
Natural gas swap derivative adjustments | 7 |  | — |  | — |  | — |  | 7 |
Interest rate swap derivative adjustment | 142 |  | — |  | — |  | — |  | 142 |
Total other comprehensive income, net of tax | 891 |  | — |  | — |  | — |  | 891 |
Total comprehensive income (loss) | $ | 29,462 |  | $ | 30,474 |  | $ | (142 | ) | $ | (30,332 | ) | $ | 29,462 |
Guarantor Financial Information Condensed Consolidating Statements Of Cash Flows | Condensed Consolidating Statements of Cash Flows For the three months ended March 30, 2013 (in thousands)
| Issuer | Guarantors | Non-guarantors | Eliminations | Consolidated
Cash flows from operating activities: |  |  |  |  |
Net income | $ | 32,405 |  | $ | 30,435 |  | $ | (717 | ) | $ | (29,718 | ) | $ | 32,405 |
Earnings in investments in subsidiaries | (29,718 | ) | — |  | — |  | 29,718 |  | — |
Other operating cash flows | 46,516 |  | (20,600 | ) | 1,161 |  | — |  | 27,077 |
Net cash provided by operating activities | 49,203 |  | 9,835 |  | 444 |  | — |  | 59,482 |
Cash flows from investing activities: |  |  |  |  |
Capital expenditures | (13,173 | ) | (13,219 | ) | — |  | — |  | (26,392 | )
Investment in subsidiaries and affiliates | (12,560 | ) | — |  | (12,535 | ) | 12,560 |  | (12,535 | )
Gross proceeds from sale of property, plant and equipment and other assets | 131 |  | 281 |  | — |  | — |  | 412 |
Payments related to routes and other intangibles | (613 | ) | — |  | — |  | — |  | (613 | )
Net cash used in investing activities | (26,215 | ) | (12,938 | ) | (12,535 | ) | 12,560 |  | (39,128 | )
Cash flows from financing activities: |  |  |  |  |
Payments on long-term debt | — |  | (21 | ) | — |  | — |  | (21 | )
Issuances of common stock | 16 |  | — |  | — |  | — |  | 16 |
Contributions from parent | — |  | — |  | 12,560 |  | (12,560 | ) | — |
Minimum withholding taxes paid on stock awards | (2,523 | ) | — |  | — |  | — |  | (2,523 | )
Excess tax benefits from stock-based compensation | 702 |  | — |  | — |  | — |  | 702 |
Net cash used in financing activities | (1,805 | ) | (21 | ) | 12,560 |  | (12,560 | ) | (1,826 | )
Net increase/(decrease) in cash and cash equivalents | 21,183 |  | (3,124 | ) | 469 |  | — |  | 18,528 |
Cash and cash equivalents at beginning of year | 96,945 |  | 5,577 |  | 727 |  | — |  | 103,249 |
Cash and cash equivalents at end of year | $ | 118,128 |  | $ | 2,453 |  | $ | 1,196 |  | $ | — |  | $ | 121,777 |
Condensed Consolidating Statements of Cash Flows For the three months ended March 31, 2012 (in thousands)
| Issuer | Guarantors | Non-guarantors | Eliminations | Consolidated
Cash flows from operating activities: |  |  |  |  |
Net income | $ | 28,571 |  | $ | 30,474 |  | $ | (142 | ) | $ | (30,332 | ) | $ | 28,571 |
Earnings in investments in subsidiaries | (30,332 | ) | — |  | — |  | 30,332 |  | — |
Other operating cash flows | 42,974 |  | (16,795 | ) | (1,179 | ) | — |  | 25,000 |
Net cash provided by operating activities | 41,213 |  | 13,679 |  | (1,321 | ) | — |  | 53,571 |
Cash flows from investing activities: |  |  |  |  |
Capital expenditures | (8,123 | ) | (16,567 | ) | — |  | — |  | (24,690 | )
Investment in subsidiaries and affiliates | (11,376 | ) | — |  | (11,351 | ) | 11,376 |  | (11,351 | )
Gross proceeds from sale of property, plant and equipment and other assets | 1,111 |  | 1,117 |  | — |  | — |  | 2,228 |
Net cash used in investing activities | (18,388 | ) | (15,450 | ) | (11,351 | ) | 11,376 |  | (33,813 | )
Cash flows from financing activities: |  |  |  |  |
Payments on long-term debt | (30,000 | ) | (2 | ) | — |  | — |  | (30,002 | )
Issuances of common stock | 64 |  | — |  | — |  | — |  | 64 |
Contributions from parent | — |  | — |  | 11,376 |  | (11,376 | ) | — |
Minimum withholding taxes paid on stock awards | (2,157 | ) | — |  | — |  | — |  | (2,157 | )
Excess tax benefits from stock-based compensation | 985 |  | — |  | — |  | — |  | 985 |
Net cash used in financing activities | (31,108 | ) | (2 | ) | 11,376 |  | (11,376 | ) | (31,110 | )
Net increase/(decrease) in cash and cash equivalents | (8,283 | ) | (1,773 | ) | (1,296 | ) | — |  | (11,352 | )
Cash and cash equivalents at beginning of year | 35,207 |  | 1,773 |  | 1,956 |  | — |  | 38,936 |
Cash and cash equivalents at end of year | $ | 26,924 |  | $ | — |  | $ | 660 |  | $ | — |  | $ | 27,584 |

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