XML 27 R14.htm IDEA: XBRL DOCUMENT
v3.22.4

Property, Plant and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | G. Property, Plant, and Equipment Property, plant, and equipment consisted of the following:
|  | December 31, 2022 |  |  | December 25, 2021 |
|  | (in thousands) |
Machinery and plant equipment |  | $ | 760,895 |  |  | $ | 729,251 |
Building and building improvements |  |  | 237,561 |  |  |  | 207,565 |
Leasehold improvements |  |  | 75,260 |  |  |  | 70,422 |
Kegs |  |  | 58,492 |  |  |  | 59,794 |
Office equipment and furniture |  |  | 36,935 |  |  |  | 30,085 |
Land |  |  | 25,777 |  |  |  | 25,668 |
Assets under construction |  |  | 41,323 |  |  |  | 35,619 |
Property, plant, and equipment, gross |  |  | 1,236,243 |  |  |  | 1,158,404 |
Less accumulated depreciation |  |  | (568,334 | ) |  |  | (493,589 | )
Property, plant, and equipment, net |  | $ | 667,909 |  |  | $ | 664,815 |
The Company recorded depreciation expense related to these assets of $81.1 million, $71.8 million, and $65.4 million, in fiscal years 2022, 2021, and 2020, respectively. Impairment of Assets The Company evaluates its assets for impairment when events indicate that an asset or asset group may have suffered impairment. During fiscal years 2022, 2021, and 2020, the Company recorded impairment charges on brewery assets classified as property, plant, and equipment of $2.6 million, $18.5 million, and $4.4 million, respectively. The increase in impairment charges during fiscal year 2021 relates to write-downs of equipment related to the slowdown of the hard seltzer category.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration