XML 56 R40.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 28, 2024
Net Sales by Sales Channel Category | Net sales by sales channel category are as follows for Fiscal 2024, 2023, and 2022 (amounts in thousands):
|  | Fiscal 2024 |  |  | Fiscal 2023 |  |  | Fiscal 2022 |
Branded Retail |  | $ | 3,262,044 |  |  | $ | 3,264,742 |  |  | $ | 3,139,306 |
Other |  |  | 1,841,443 |  |  |  | 1,826,088 |  |  |  | 1,666,516 |
Total |  | $ | 5,103,487 |  |  | $ | 5,090,830 |  |  | $ | 4,805,822 |
(The table above presents certain sales by category that have been reclassified from amounts previously reported to conform to the current period presentation.)
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 2024 |  | $ | 33,386 |  |  | $ | 8,304 |  |  | $ | (23,768 | ) |  | $ | 17,922 |
Fiscal 2023 |  | $ | 18,764 |  |  | $ | 8,412 |  |  | $ | 6,210 |  |  | $ | 33,386 |
Fiscal 2022 |  | $ | 15,398 |  |  | $ | 8,518 |  |  | $ | (5,152 | ) |  | $ | 18,764 |
Allowance for Trade Accounts Receivable Credit Losses Activity | Activity in the allowance for trade accounts receivable credit losses for Fiscal 2024, 2023 and 2022 was as follows (amounts in thousands):
|  | Beginning Balance |  |  | Charged to Expense |  |  | Write-Offs and Other |  |  | Recoveries and other |  |  | Ending Balance |
Fiscal 2024 |  | $ | 2,070 |  |  | $ | 2,095 |  |  | $ | (1,035 | ) |  | $ | (667 | ) |  | $ | 2,463 |
Fiscal 2023 |  | $ | 2,188 |  |  | $ | 3,089 |  |  | $ | (2,635 | ) |  | $ | (572 | ) |  | $ | 2,070 |
Fiscal 2022 |  | $ | 2,552 |  |  | $ | 2,270 |  |  | $ | (2,721 | ) |  | $ | 87 |  |  | $ | 2,188 |
Weighted Percentage of Net Sales from Largest Customers | Our largest customer’s, Walmart/Sam’s Club, weighted percent of net sales for Fiscal 2024, 2023, and 2022 was as follows:
|  | Percent of Net Sales |
Fiscal 2024 |  |  | 22.4 | %
Fiscal 2023 |  |  | 22.3 | %
Fiscal 2022 |  |  | 21.7 | %
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 |  | 15
Furniture, fixtures and transportation equipment |  | 3 |  | 12
Schedule of Depreciation Expense | Depreciation expense, excluding amortization of right-of-use financing leases, for Fiscal 2024, 2023, and 2022 was as follows (amounts in thousands):
|  | Depreciation expense |
Fiscal 2024 |  | $ | 127,577 |
Fiscal 2023 |  | $ | 117,788 |
Fiscal 2022 |  | $ | 108,500 |
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 2024 |  | $ | 696 |  |  | $ | 4,367 |  |  | $ | (5,005 | ) |  | $ | 58 |
Fiscal 2023 |  | $ | 1,036 |  |  | $ | 2,376 |  |  | $ | (2,716 | ) |  | $ | 696 |
Fiscal 2022 |  | $ | 284 |  |  | $ | 3,679 |  |  | $ | (2,927 | ) |  | $ | 1,036 |
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 2024 |  | $ | 1,586 |  |  | $ | — |  |  | $ | 1,801 |  |  | $ | 3,387 |
Fiscal 2023 |  | $ | 1,030 |  |  | $ | — |  |  | $ | 556 |  |  | $ | 1,586 |
Fiscal 2022 |  | $ | 1,030 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,030 |

X
- Definition Depreciation expense. + References No definition available. + Details
Name: | flo_DepreciationExpenseTableTextBlock
Namespace Prefix: | flo_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Property plant and equipment estimated useful lives. + References No definition available. + Details
Name: | flo_PropertyPlantAndEquipmentEstimatedUsefulLivesTableTextBlock
Namespace Prefix: | flo_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss of financing receivable, classified as current. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_ScheduleOfCreditLossesForFinancingReceivablesCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRevenueByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_SummaryOfValuationAllowanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ValuationAllowancesAndReservesTypeAxis=us-gaap_InventoryValuationReserveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationAllowancesAndReservesTypeAxis=us-gaap_ValuationAllowanceOfDeferredTaxAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |