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BUSINESS SEGMENTS
 9 Months Ended
Apr. 29, 2017
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
BUSINESS SEGMENTS
 
The Company has several operating divisions aggregated under the wholesale segment, which is the Company’s only reportable segment. These operating divisions have similar products and services, customer channels, distribution methods and historical margins. The wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada. The Company has additional operating divisions that do not meet the quantitative thresholds for reportable segments and are therefore aggregated under the caption of “Other.” “Other” includes a retail division, which engages in the sale of natural foods and related products to the general public through retail storefronts on the east coast of the United States, a manufacturing division, which engages in the importing, roasting, packaging, and distributing of nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items and confections, the Company’s branded product lines, and the Company's brokerage business, which markets various products on behalf of food vendors directly and exclusively to the Company's customers. “Other” also includes certain corporate operating expenses that are not allocated to operating divisions, which include, among other expenses, stock based compensation, depreciation, and salaries, retainers, and other related expenses of certain officers and all directors. As the Company continues to expand its business and serve its customers through our national platform, these corporate expense amounts have increased, which is the primary driver behind the increasing operating losses within the “Other” category below. Non-operating expenses that are not allocated to the operating divisions are under the caption of “Unallocated Expenses.” The Company does not record its revenues for financial reporting purposes by product group, and it is therefore impracticable for the Company to report them accordingly.

Beginning in the first quarter of fiscal 2017, a change in how the Company's chief operating decision maker assesses performance and allocates resources resulted in a change in how the Company allocates a portion of its corporate operating expenses, which were previously reported under the caption of "Other," in order to better support segment operations. The following table sets forth certain financial information for the Company's business segments. Prior year amounts have been reclassified to conform to current year presentation and include the impact of a change in the allocation of certain corporate operating expenses between the captions "Other" and "Wholesale." The amount reclassified is not considered to be material and is consistent with management's assessment of segment performance in fiscal 2017.

The following table reflects business segment information for the periods indicated (in thousands):
 
 
 
Wholesale
 
Other
 
Eliminations
 
Unallocated
 
Consolidated
13-Week Period Ended April 29, 2017:
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
2,353,723

 
$
67,538

 
$
(51,705
)
 
$
—

 
$
2,369,556

Restructuring and asset impairment expenses
 
2,874

 
1,072

 
—

 
—

 
3,946

Operating income (loss)
 
67,273

 
(1,117
)
 
(1,210
)
 
—

 
64,946

Interest expense
 
—

 
—

 
—

 
4,225

 
4,225

Interest income
 
—

 
—

 
—

 
(82
)
 
(82
)
Other, net
 
—

 
—

 
—

 
478

 
478

Income before income taxes
 
 

 
 

 
 

 
 

 
60,325

Depreciation and amortization
 
20,559

 
913

 
—

 
—

 
21,472

Capital expenditures
 
16,412

 
918

 
—

 
—

 
17,330

Goodwill
 
351,141

 
18,025

 
—

 
—

 
369,166

Total assets
 
2,746,648

 
213,180

 
(39,241
)
 
—

 
2,920,587

 
 
 
 
 
 
 
 
 
 
 
13-Week Period Ended April 30, 2016:
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
2,111,695

 
$
70,217

 
$
(49,808
)
 
$
—

 
$
2,132,104

Restructuring and asset impairment expenses
 
—

 
—

 
—

 
—

 
—

Operating income (loss)
 
62,712

 
3,780

 
(476
)
 
—

 
66,016

Interest expense
 
—

 
—

 
—

 
4,384

 
4,384

Interest income
 
—

 
—

 
—

 
(487
)
 
(487
)
Other, net
 
—

 
—

 
—

 
(557
)
 
(557
)
Income before income taxes
 
 

 
 

 
 

 
 

 
62,676

Depreciation and amortization
 
17,395

 
725

 
—

 
—

 
18,120

Capital expenditures
 
8,340

 
261

 
—

 
—

 
8,601

Goodwill
 
301,600

 
17,732

 
—

 
—

 
319,332

Total assets
 
2,475,054

 
192,282

 
(21,404
)
 
—

 
2,645,932


 
 
Wholesale
 
Other
 
Eliminations
 
Unallocated
 
Consolidated
39-Week Period Ended April 29, 2017:
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
6,885,912

 
$
176,655

 
$
(129,129
)
 
$
—

 
$
6,933,438

Restructuring and asset impairment expenses
 
2,874

 
1,072

 
—

 
—

 
3,946

Operating income (loss)
 
178,498

 
(12,803
)
 
(1,139
)
 
—

 
164,556

Interest expense
 
—

 
—

 
—

 
13,188

 
13,188

Interest income
 
—

 
—

 
—

 
(278
)
 
(278
)
Other, net
 
—

 
—

 
—

 
760

 
760

Income before income taxes
 
 
 
 

 
 

 
 

 
150,886

Depreciation and amortization
 
61,837

 
2,093

 
—

 
—

 
63,930

Capital expenditures
 
38,016

 
1,988

 
—

 
—

 
40,004

Goodwill
 
351,141

 
18,025

 
—

 
—

 
369,166

Total assets
 
2,746,648

 
213,180

 
(39,241
)
 
—

 
2,920,587

 
 
 
 
 
 
 
 
 
 
 
39-Week Period Ended April 30, 2016:
 
 

 
 
 
 

 
 

 
 
Net sales
 
$
6,200,668

 
$
181,709

 
$
(125,912
)
 
$
—

 
$
6,256,465

Restructuring and asset impairment expenses
 
2,811

 
1,983

 
—

 
—

 
4,794

Operating income (loss)
 
168,144

 
(5,158
)
 
(1,363
)
 
—

 
161,623

Interest expense
 
—

 
—

 
—

 
11,734

 
11,734

Interest income
 
—

 
—

 
—

 
(1,037
)
 
(1,037
)
Other, net
 
—

 
—

 
—

 
373

 
373

Income before income taxes
 
 

 
 

 
 

 
 

 
150,553

Depreciation and amortization
 
48,950

 
2,017

 
—

 
—

 
50,967

Capital expenditures
 
27,637

 
1,436

 
—

 
—

 
29,073

Goodwill
 
301,600

 
17,732

 
—

 
—

 
319,332

Total assets
 
2,475,054

 
192,282

 
(21,404
)
 
—

 
2,645,932