Subsequent Events	6 Months Ended
Jul. 13, 2013
Subsequent Events	16. SUBSEQUENT EVENTS The company has evaluated subsequent events since July 13, 2013, the date of these financial statements. We believe there were no material events or transactions discovered during this evaluation that requires recognition or disclosure in the financial statements other than the matters discussed below. On July 17, 2012, the company entered into a two-year $150.0 million accounts receivables loan and security facility (the “securitization facility”), expiring July 17, 2015. Under the terms of the securitization facility, certain affiliates of the company will sell, on an ongoing basis, specified trade receivables to a wholly-owned bankruptcy-remote entity which then sells an undivided interest in the receivable as collateral for any borrowings under the facility. The assets and liabilities of the affiliates will be reflected in our consolidated financial statements. On July 19, 2013, the company completed its previously announced acquisition of the Acquired Hostess Assets. The purchase price was reduced to $355.0 million as a result of a purchase price adjustment related to the Butternut trademark. This acquisition was funded from cash on hand and drawings under the new term loan and the securitization facility. We believe this acquisition will enable us to enter new markets, introduce the Acquired Hostess Assets into our markets, and expand our brands into legacy Hostess markets. We expect to record acquisition costs in excess of $5.0 million during our third quarter of fiscal 2013 for the Acquired Hostess Assets acquisition.

16. SUBSEQUENT EVENTS

The company has evaluated subsequent events since July 13, 2013, the date of these financial statements. We believe there were no material events or transactions discovered during this evaluation that requires recognition or disclosure in the financial statements other than the matters discussed below.

On July 17, 2012, the company entered into a two-year $150.0 million accounts receivables loan and security facility (the “securitization facility”), expiring July 17, 2015. Under the terms of the securitization facility, certain affiliates of the company will sell, on an ongoing basis, specified trade receivables to a wholly-owned bankruptcy-remote entity which then sells an undivided interest in the receivable as collateral for any borrowings under the facility. The assets and liabilities of the affiliates will be reflected in our consolidated financial statements.

On July 19, 2013, the company completed its previously announced acquisition of the Acquired Hostess Assets. The purchase price was reduced to $355.0 million as a result of a purchase price adjustment related to the Butternut trademark. This acquisition was funded from cash on hand and drawings under the new term loan and the securitization facility. We believe this acquisition will enable us to enter new markets, introduce the Acquired Hostess Assets into our markets, and expand our brands into legacy Hostess markets. We expect to record acquisition costs in excess of $5.0 million during our third quarter of fiscal 2013 for the Acquired Hostess Assets acquisition.