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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Jan. 01, 2022
Sales by Sales Channel Category | Sales by sales channel category are as follows for Fiscal 2021, 2020, and 2019 (amounts in thousands):
|  | Fiscal 2021 |  |  | Fiscal 2020 |  |  | Fiscal 2019 |
Branded retail |  | $ | 2,875,418 |  |  | $ | 2,914,072 |  |  | $ | 2,478,669 |
Store branded retail |  |  | 534,794 |  |  |  | 607,741 |  |  |  | 647,056 |
Non-retail and other |  |  | 920,555 |  |  |  | 866,178 |  |  |  | 998,249 |
Total |  | $ | 4,330,767 |  |  | $ | 4,387,991 |  |  | $ | 4,123,974 |
Allowance for Doubtful Accounts Activity | Activity in the allowance for doubtful accounts is as follows (amounts in thousands):
|  | Beginning Balance |  |  | Charged to Expense |  |  | Write-Offs and Other |  |  | Ending Balance |
Fiscal 2021 |  | $ | 15,162 |  |  | $ | 6,071 |  |  | $ | 5,835 |  |  | $ | 15,398 |
Fiscal 2020 |  | $ | 9,473 |  |  | $ | 11,344 |  |  | $ | 5,655 |  |  | $ | 15,162 |
Fiscal 2019 |  | $ | 5,751 |  |  | $ | 11,034 |  |  | $ | 7,312 |  |  | $ | 9,473 |
Allowance for Trade Accounts Receivable Credit Losses Activity | Activity in the allowance for trade accounts receivable credit losses for Fiscal 2021 and 2020 was as follows (amounts in thousands):
|  | Beginning Balance |  |  | Charged to Expense |  |  | Write-Offs and Other |  |  | Recoveries and other |  |  | Ending Balance |
Fiscal 2021 |  | $ | 4,901 |  |  | $ | 596 |  |  | $ | (1,018 | ) |  | $ | (1,927 | ) |  | $ | 2,552 |
Fiscal 2020 |  | $ | 2,089 |  |  | $ | 2,875 |  |  | $ | (2,319 | ) |  | $ | 2,256 |  |  | $ | 4,901 |
Weighted Percentage of Sales from Largest Customers | Our largest customer’s, Walmart/Sam’s Club, weighted percent of sales for Fiscal 2021, 2020, and 2019 was as follows:
|  | Percent of Sales |
Fiscal 2021 |  |  | 21.2 | %
Fiscal 2020 |  |  | 21.2 | %
Fiscal 2019 |  |  | 21.1 | %
Estimated Useful Lives by Property Plant and Equipment Class | The table below presents the range of estimated useful lives by property, plant and equipment class.
|  | Useful life term (years)
Asset Class |  | Low |  | High
Buildings |  | 10 |  | 40
Machinery and equipment |  | 3 |  | 25
Furniture, fixtures and transportation equipment |  | 3 |  | 15
Schedule of Depreciation Expense | Depreciation expense, excluding amortization of right-of-use financing leases, for Fiscal 2021, 2020, and 2019 was as follows (amounts in thousands):
|  | Depreciation expense |
Fiscal 2021 |  | $ | 103,949 |
Fiscal 2020 |  | $ | 103,490 |
Fiscal 2019 |  | $ | 107,891 |
Schedule of Total Impairments (Inclusive of Property, Plant and Equipment, Notes Receivable, Spare Parts, and ROU Assets) and Line Item Recorded in Our Consolidated Statements of Income | Total impairments (inclusive of property, plant and equipment, notes receivable, spare parts, and ROU assets) for Fiscal 2020 and 2019, and the line item to which each item is recorded in our Consolidated Statements of Income, are presented below (amounts in thousands):
Restructuring and related impairment charges line item |  | Fiscal 2020 |  |  | Fiscal 2019 |
Plant closings |  | $ | 5,747 |  |  | $ | 5,133 |
Line and distribution depot closings |  |  | 629 |  |  |  | 356 |
Spare parts |  |  | 734 |  |  |  | 174 |
Lease impairment charges |  |  | 9,397 |  |  |  | — |
Impairment of assets |  | $ | 16,507 |  |  | $ | 5,663 |
Inventory Valuation Reserve |
Summary of Valuation Allowance | Activity in the inventory reserve allowance is as follows (amounts in thousands):
|  | Beginning Balance |  |  | Charged to Expense |  |  | Write-Offs and Other |  |  | Ending Balance |
Fiscal 2021 |  | $ | 1,920 |  |  | $ | 16 |  |  | $ | 1,652 |  |  | $ | 284 |
Fiscal 2020 |  | $ | 161 |  |  | $ | 3,601 |  |  | $ | 1,842 |  |  | $ | 1,920 |
Fiscal 2019 |  | $ | 143 |  |  | $ | 337 |  |  | $ | 319 |  |  | $ | 161 |
Valuation Allowance of Deferred Tax Assets |
Summary of Valuation Allowance | The deductions column in the table below presents the amounts reduced in the deferred tax asset valuation allowance that were recorded to, and included as part of, deferred tax expense. The additions column represents amounts that increased the allowance. Activity in the deferred tax asset valuation allowance is as follows (amounts in thousands):
|  | Beginning Balance |  |  | Deductions |  |  | Additions |  |  | Ending Balance |
Fiscal 2021 |  | $ | 1,030 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,030 |
Fiscal 2020 |  | $ | 703 |  |  | $ | — |  |  | $ | 327 |  |  | $ | 1,030 |
Fiscal 2019 |  | $ | 364 |  |  | $ | — |  |  | $ | 339 |  |  | $ | 703 |

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