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Segment Reporting (Tables) | 9 Months Ended
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Oct. 06, 2018
Segment Reporting [Abstract] |
Information Regarding Operations in Reportable Segments | Information regarding the operations in these reportable segments is as follows (amounts in thousands):
|  | For the Twelve Weeks Ended |  |  | For the Forty Weeks Ended |
|  | October 6, 2018 |  |  | October 7, 2017 |  |  | October 6, 2018 |  |  | October 7, 2017 |
Sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
DSD Segment |  | $ | 799,271 |  |  | $ | 803,153 |  |  | $ | 2,659,639 |  |  | $ | 2,628,365 |
Warehouse Segment |  |  | 182,639 |  |  |  | 185,219 |  |  |  | 615,530 |  |  |  | 596,740 |
Eliminations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sales from Warehouse Segment to DSD Segment |  |  | (39,443 | ) |  |  | (39,652 | ) |  |  | (136,708 | ) |  |  | (129,637 | )
Sales from DSD Segment to Warehouse Segment |  |  | (19,018 | ) |  |  | (15,898 | ) |  |  | (67,276 | ) |  |  | (48,358 | )
|  | $ | 923,449 |  |  | $ | 932,822 |  |  | $ | 3,071,185 |  |  | $ | 3,047,110 |
Gain on divestiture: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warehouse Segment |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 28,875 |
|  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 28,875 |
Multi-employer pension plan withdrawal costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
DSD Segment |  | $ | — |  |  | $ | 18,268 |  |  | $ | 2,322 |  |  | $ | 18,268 |
|  | $ | — |  |  | $ | 18,268 |  |  | $ | 2,322 |  |  | $ | 18,268 |
Loss (recovery) on inferior ingredients: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
DSD Segment |  | $ | (2,986 | ) |  | $ | — |  |  | $ | 898 |  |  | $ | — |
Warehouse Segment |  |  | 1,095 |  |  |  | — |  |  |  | 1,095 |  |  |  | — |
|  | $ | (1,891 | ) |  | $ | — |  |  | $ | 1,993 |  |  | $ | — |
Restructuring charges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
DSD Segment |  | $ | 289 |  |  | $ | 76,625 |  |  | $ | 2,187 |  |  | $ | 76,625 |
Warehouse Segment |  |  | 175 |  |  |  | 20,091 |  |  |  | 251 |  |  |  | 20,091 |
Unallocated corporate costs |  |  | 33 |  |  |  | 3,833 |  |  |  | 119 |  |  |  | 3,833 |
|  | $ | 497 |  |  | $ | 100,549 |  |  | $ | 2,557 |  |  | $ | 100,549 |
Impairment of assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
DSD Segment |  | $ | — |  |  | $ | — |  |  | $ | 2,483 |  |  | $ | — |
|  | $ | — |  |  | $ | — |  |  | $ | 2,483 |  |  | $ | — |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
DSD Segment |  | $ | 27,676 |  |  | $ | 28,286 |  |  | $ | 95,273 |  |  | $ | 98,703 |
Warehouse Segment |  |  | 4,916 |  |  |  | 4,769 |  |  |  | 16,443 |  |  |  | 15,841 |
Unallocated corporate costs(1) |  |  | 70 |  |  |  | (83 | ) |  |  | 233 |  |  |  | (256 | )
|  | $ | 32,662 |  |  | $ | 32,972 |  |  | $ | 111,949 |  |  | $ | 114,288 |
Income from operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
DSD Segment |  | $ | 58,819 |  |  | $ | (20,338 | ) |  | $ | 197,725 |  |  | $ | 146,388 |
Warehouse Segment |  |  | 5,866 |  |  |  | (9,082 | ) |  |  | 31,563 |  |  |  | 47,202 |
Unallocated corporate costs(2) |  |  | (11,235 | ) |  |  | (22,637 | ) |  |  | (46,959 | ) |  |  | (78,722 | )
|  | $ | 53,450 |  |  | $ | (52,057 | ) |  | $ | 182,329 |  |  | $ | 114,868 |
Interest expense |  | $ | (8,180 | ) |  | $ | (8,194 | ) |  | $ | (27,390 | ) |  | $ | (28,255 | )
Interest income |  | $ | 6,615 |  |  | $ | 5,464 |  |  | $ | 21,176 |  |  | $ | 17,199 |
Pension plan settlement loss |  | $ | (930 | ) |  | $ | (3,030 | ) |  | $ | (6,633 | ) |  | $ | (3,030 | )
Other components of net periodic pension and postretirement benefits credit |  | $ | 171 |  |  | $ | 1,321 |  |  | $ | 1,204 |  |  | $ | 4,687 |
Income before income taxes |  | $ | 51,126 |  |  | $ | (56,496 | ) |  | $ | 170,686 |  |  | $ | 105,469 |
(1) | Represents costs allocated to the company’s corporate head office.
(2) | Represents costs allocated to the company’s corporate head office and pension plan settlement loss.
(3) | Represents the company’s corporate head office assets, including primarily cash and cash equivalents and deferred taxes. Certain assets were reclassified from the unallocated corporate head office to the DSD Segment during the first quarter of our fiscal 2018.
Assets by Segment | The table below presents the assets by segment (amounts in thousands):
Assets: |  | October 6, 2018 |  |  | December 30, 2017 |
DSD Segment |  | $ | 2,293,104 |  |  | $ | 2,270,179 |
Warehouse Segment |  |  | 301,249 |  |  |  | 296,157 |
Other (3) |  |  | 98,784 |  |  |  | 93,388 |
Total assets |  | $ | 2,693,137 |  |  | $ | 2,659,724 |
(1) | Represents costs allocated to the company’s corporate head office.
(2) | Represents costs allocated to the company’s corporate head office and pension plan settlement loss.
(3) | Represents the company’s corporate head office assets, including primarily cash and cash equivalents and deferred taxes. Certain assets were reclassified from the unallocated corporate head office to the DSD Segment during the first quarter of our fiscal 2018.
Sales by Product Category in Each Reportable Segment | Sales by product category in each reportable segment are as follows for the twelve and forty weeks ended October 6, 2018 and October 7, 2017, respectively (amounts in thousands):
|  | For the Twelve Weeks Ended |  |  | For the Twelve Weeks Ended |
|  | October 6, 2018 |  |  | October 7, 2017 |
|  | DSD Segment |  |  | Warehouse Segment |  |  | Total |  |  | DSD Segment |  |  | Warehouse Segment |  |  | Total |
Branded retail |  | $ | 514,405 |  |  | $ | 32,945 |  |  | $ | 547,350 |  |  | $ | 514,346 |  |  | $ | 36,963 |  |  | $ | 551,309 |
Store branded retail |  |  | 114,581 |  |  |  | 26,418 |  |  |  | 140,999 |  |  |  | 110,853 |  |  |  | 27,803 |  |  |  | 138,656 |
Non-retail and other |  |  | 151,267 |  |  |  | 83,833 |  |  |  | 235,100 |  |  |  | 162,056 |  |  |  | 80,801 |  |  |  | 242,857 |
Total |  | $ | 780,253 |  |  | $ | 143,196 |  |  | $ | 923,449 |  |  | $ | 787,255 |  |  | $ | 145,567 |  |  | $ | 932,822 |
|  | For the Forty Weeks Ended |  |  | For the Forty Weeks Ended |
|  | October 6, 2018 |  |  | October 7, 2017 |
|  | DSD Segment |  |  | Warehouse Segment |  |  | Total |  |  | DSD Segment |  |  | Warehouse Segment |  |  | Total |
Branded retail |  | $ | 1,700,461 |  |  | $ | 116,192 |  |  | $ | 1,816,653 |  |  | $ | 1,674,871 |  |  | $ | 121,052 |  |  | $ | 1,795,923 |
Store branded retail |  |  | 372,802 |  |  |  | 90,369 |  |  |  | 463,171 |  |  |  | 368,371 |  |  |  | 86,960 |  |  |  | 455,331 |
Non-retail and other |  |  | 519,100 |  |  |  | 272,261 |  |  |  | 791,361 |  |  |  | 536,765 |  |  |  | 259,091 |  |  |  | 795,856 |
Total |  | $ | 2,592,363 |  |  | $ | 478,822 |  |  | $ | 3,071,185 |  |  | $ | 2,580,007 |  |  | $ | 467,103 |  |  | $ | 3,047,110 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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