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Segment Reporting | 12 Months Ended
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Dec. 28, 2024
Segment Reporting [Abstract] |
Segment Reporting | U. Segment Reporting Operating segments are defined as components of an enterprise about which separate discrete information is available for evaluation by the chief operating decision maker, or decision making group, in deciding how to allocate resources in assessing performance. The Company has one operating segment and one reportable segment that produces and sells alcohol beverages under various brands. All brands are predominantly beverages that are manufactured using similar production processes, have comparable alcohol content, generally fall under the same regulatory environment, and are sold to the same types of customers in similar size quantities at similar price points, with similar profit margins, and through the same channels of distribution. The Company’s chief operating decision maker (“CODM”) is the chief executive officer. The accounting policies of the segment are the same as those described in the summary of significant accounting policies. The CODM assesses performance for the segment based on net income, which is reported on the income statement as consolidated net income. The measure of segment assets is reported on the balance sheet as total consolidated assets. The table below summarizes the Company’s measures of segment net income that the CODM considered in determining how to allocate resources and assess segment performance for the years ended December 28, 2024, December 30, 2023, and December 31, 2022:
|  | Year Ended |
|  | December 28, 2024 |  |  | December 30, 2023 |  |  | December 31, 2022 |
Net revenue |  | $ | 2,012,926 |  |  | $ | 2,008,625 |  |  | $ | 2,090,334 |
Less: |  |  |  |  |  |  |  |  |
Cost of goods sold |  |  | 1,119,194 |  |  |  | 1,156,256 |  |  |  | 1,228,348 |
Salaries and benefits expenses |  |  | 254,589 |  |  |  | 238,363 |  |  |  | 219,491 |
Advertising, promotional, and selling expenses (excluding salaries and benefits) |  |  | 402,221 |  |  |  | 410,710 |  |  |  | 447,085 |
General and administrative expenses (excluding salaries and benefits) |  |  | 85,129 |  |  |  | 81,473 |  |  |  | 69,358 |
Impairment of intangible assets |  |  | 42,584 |  |  |  | 16,426 |  |  |  | 27,100 |
Impairment of brewery assets |  |  | 7,184 |  |  |  | 5,396 |  |  |  | 2,782 |
Contract settlement costs |  |  | 26,052 |  |  |  | — |  |  |  | 5,379 |
Interest income, net |  |  | (13,249 | ) |  |  | (10,995 | ) |  |  | (2,561 | )
Other expense, net |  |  | 1,620 |  |  |  | 1,408 |  |  |  | 1,916 |
Income tax provision |  |  | 27,907 |  |  |  | 33,338 |  |  |  | 24,173 |
Segment net income |  | $ | 59,695 |  |  | $ | 76,250 |  |  | $ | 67,263 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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