XML 63 R41.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Acquisitions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Alpine Valley Bread Company |
Summary of Consideration Paid Based on the Fair Value at the Acquisition Date | The following table summarizes the consideration paid for Alpine based on the fair value at the acquisition date (amounts in thousands):
Fair Value of consideration transferred: |  |  |
Cash consideration paid | $ | 109,340 |
Stock consideration paid |  | 12,602 |
Total consideration paid |  | 121,942 |
Recognized amounts of identifiable assets acquired and liabilities assumed: |  |  |
Property, plant, and equipment |  | 15,614 |
Identifiable intangible assets |  | 64,600 |
Financial assets |  | 5,190 |
Net recognized amounts of identifiable assets acquired |  | 85,404 |
Goodwill | $ | 36,538 |
Schedule of Intangible Assets Subject to Amortization | The following table presents the acquired intangible assets subject to amortization (amounts in thousands, except amortization periods):
|  | Total |  |  | Weighted average amortization years |  |  | Attribution Method
Trademarks |  | $ | 20,900 |  |  |  | 40.0 |  |  | Straight-line
Customer relationships |  |  | 43,700 |  |  |  | 25.0 |  |  | Sum of year digits
|  | $ | 64,600 |  |  |  | 29.9 |  |  |
Dave’s Killer Bread |
Summary of Consideration Paid Based on the Fair Value at the Acquisition Date | The following table summarizes the consideration paid for DKB based on the fair value at the acquisition date (amounts in thousands):
Fair Value of consideration transferred: |  |  |
Cash consideration paid | $ | 282,115 |
Recognized amounts of identifiable assets acquired and liabilities assumed: |  |  |
Property, plant, and equipment |  | 9,359 |
Identifiable intangible assets |  | 176,300 |
Deferred income taxes |  | (59,827 | )
Financial assets |  | 10,203 |
Net recognized amounts of identifiable assets acquired |  | 136,035 |
Goodwill | $ | 146,080 |
Schedule of Intangible Assets Subject to Amortization | Measurement period adjustments of $0.2 million related to working capital, tax adjustments, and property, plant and equipment were recorded in our third quarter of fiscal 2016 and are reflected in the table above. See Note 7, Goodwill and Other Intangible Assets, for the impact of these adjustments. The following table presents the acquired intangible assets subject to amortization (amounts in thousands, except amortization periods):
|  | Total |  |  | Weighted average amortization years |  |  | Attribution Method
Trademarks |  | $ | 107,700 |  |  |  | 40.0 |  |  | Straight-line
Customer relationships |  |  | 68,000 |  |  |  | 25.0 |  |  | Sum of year digits
Non-compete agreements |  |  | 600 |  |  |  | 2.0 |  |  | Straight-line
|  | $ | 176,300 |  |  |  | 34.1 |  |  |

X
- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=flo_AlpineValleyBreadCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=flo_DavesKillerBreadMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |