Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 28, 2013

Summary of Goodwill and Other Intangible Assets

The table below summarizes our goodwill and other intangible assets at December 28, 2013 and December 29, 2012, respectively, each of which is explained in additional detail below (amounts in thousands):


	December 28, 2013		December 29, 2012
Goodwill	$	282,404	$	269,897
Amortizable intangible assets, net of amortization		201,710		201,884
Indefinite-lived intangible assets		455,000		186,500

Total goodwill and other intangible assets	$	939,114	$	658,281

Carrying Amount of Goodwill by Segment

The changes in the carrying amount of goodwill, by segment, during fiscal 2012 and fiscal 2013, are as follows (amounts in thousands):


	DSD		Warehouse		Total
Balance as of December 31, 2011	$	212,629	$	7,101	$	219,730
Change in goodwill related to acquisitions		50,167		—		50,167

Balance as of December 29, 2012	$	262,796	$	7,101	$	269,897
Change in goodwill related to acquisitions		12,507		—		12,507

Balance as of December 28, 2013	$	275,303	$	7,101	$	282,404

Changes to Goodwill by Acquisition

The table below presents the changes to goodwill by acquisition from December 31, 2011 to December 29, 2012 (amounts in thousands):


	Lepage		Tasty			Total
Adjustment for spare parts and supplies	$	—	$	76		$	76
Adjustment for inventory		—		42			42
Adjustment to assets held for sale		—		(69	)		(69	)
Adjustment for accrued liabilities		—		169			169
Acquisitions during fiscal 2012		49,949		—			49,949

Change in goodwill during fiscal 2012	$	49,949	$	218		$	50,167

The table below presents the changes to goodwill by acquisition from December 29, 2012 to December 28, 2013 (amounts in thousands):


	Modesto		Acquired Hostess Assets		Lepage			Other		Total
Working capital adjustments	$	—	$	—	$	315		$	—	$	315
Acquisition-related tax adjustments		—		—		(1,016	)		—		(1,016	)
Adjustment to assets held for sale		—		—		63			—		63
Adjustment for accrued liabilities		—		—		2,394			—		2,394
Adjustment to property, plant and equipment		—		—		—			1,123		1,123
Acquisitions during fiscal 2013		4,209		5,419		—			—		9,628

Change in goodwill during fiscal 2013	$	4,209	$	5,419	$	1,756		$	1,123	$	12,507

Amortizable Intangible Assets

As of December 28, 2013 and December 29, 2012, the company had the following amounts related to amortizable intangible assets (amounts in thousands):


	December 28, 2013						December 29, 2012
Asset	Cost		Accumulated Amortization		Net Value		Cost		Accumulated Amortization		Net Value
Trademarks	$	71,727	$	11,697	$	60,030	$	71,727	$	9,243	$	62,484
Customer relationships		169,921		32,688		137,233		157,921		24,275		133,646
Non-compete agreements		4,274		2,751		1,523		4,274		1,719		2,555
Distributor relationships		4,123		1,199		2,924		4,123		924		3,199
Supplier agreements		1,050		1,050		—		1,050		1,050		—

Total	$	251,095	$	49,385	$	201,710	$	239,095	$	37,211	$	201,884

Net Amortization Expense

Net amortization expense for fiscal 2013, 2012, and 2011 was as follows (amounts in thousands):


	Fiscal 2013		Fiscal 2012		Fiscal 2011
Total	$	11,741	$	9,253	$	7,176

Estimated Amortization of Intangibles

Estimated amortization of intangibles for 2014 and the next four years thereafter is as follows (amounts in thousands):


	Amortization of Intangibles
2014	$	11,741
2015	$	11,495
2016	$	11,069
2017	$	10,597
2018	$	10,449