Financial Statement Revisions

9 Months Ended

Oct. 07, 2017

2. FINANCIAL STATEMENT REVISIONS

The company previously reported non-cash amounts as payments from notes receivable and payments for the repurchase of territories that should have been disclosed as non-cash transactions. The error impacted the Condensed Consolidated Statements of Cash Flows for the first, second, and third quarters of fiscal year 2016. These corrections did not impact our previously reported Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Operations, Condensed Consolidated Statements of Comprehensive Income (Loss), and Condensed Consolidated Statements of Changes in Stockholders’ Equity.

The table below presents the revisions to the applicable Condensed Consolidated Statements of Cash Flows line item to correct the errors for the forty weeks ended October 8, 2016 (amounts in thousands):

	Condensed Consolidated Statements of Cash Flows
	Forty Weeks Ended October 8, 2016
Impacted Condensed Consolidated Statements of Cash Flows line item	As Previously Reported			Revisions			As Revised*
Other assets	$	(1,925	)	$	1,113		$	(812	)
Other accrued liabilities	$	11,393		$	(2,865	)	$	8,528
Net cash provided by operating activities	$	285,009		$	814		$	285,823
Repurchase of independent distributor territories	$	(12,626	)	$	4,177		$	(8,449	)
Principal payments from notes receivable	$	19,830		$	(2,782	)	$	17,048
Other investing activities	$	—		$	358		$	358
Net cash disbursed for investing activities	$	(57,251	)	$	1,753		$	(55,498	)

*	The “As revised” column in the table above presents the amounts inclusive of the recently adopted accounting pronouncements discussed in Note 3, Recent Accounting Pronouncements, below.