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BUSINESS SEGMENTS | 6 Months Ended
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Jan. 26, 2019
Segment Reporting [Abstract] |
BUSINESS SEGMENTS | BUSINESS SEGMENTS The Company has three operating segments: legacy Company Wholesale; Supervalu Wholesale and Canada Wholesale, aggregated under the Wholesale reportable segment. In addition, the Company’s Retail operating segment is a separate reportable segment, which is primarily comprised of discontinued operations activities. The legacy Company Wholesale, Supervalu Wholesale and Canada Wholesale operating segments have similar products and services, customer channels, distribution methods and economic characteristics. The Wholesale reportable segment is engaged in the national distribution of natural, organic, specialty, and conventional grocery and non-food products, and in the provision of support services in the United States and Canada. The Company has additional operating segments that do not meet the quantitative thresholds for reportable segments and are therefore aggregated under the caption of “Other.” “Other” includes a former retail division, that engaged 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 segments, which include, among other expenses, restructuring, acquisition, and integration related expenses, share-based compensation, and salaries, retainers, and other related expenses of certain officers and all directors. Non-operating expenses that are not allocated to the operating segments are under the caption of “Unallocated (Income)/Expenses.”
(in thousands) |  | Wholesale |  | Other |  | Eliminations |  | Unallocated (Income)/Expenses |  | Consolidated
13-Week Period Ended January 26, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales(1) |  | $ | 6,130,276 |  |  | $ | 57,859 |  |  | $ | (38,929 | ) |  | $ | — |  |  | $ | 6,149,206 |
Goodwill and asset impairment charges |  | 370,871 |  |  | — |  |  | — |  |  | — |  |  | 370,871 |
Restructuring, acquisition, and integration related expenses |  | 4 |  |  | 47,121 |  |  | — |  |  | — |  |  | 47,125 |
Operating income (loss) |  | (312,208 | ) |  | (95,608 | ) |  | (319 | ) |  | — |  |  | (408,135 | )
Total other expense, net |  | — |  |  | — |  |  | — |  |  | 46,977 |  |  | 46,977 |
(Loss) income from continuing operations before income taxes |  | — |  |  | — |  |  | — |  |  | — |  |  | (455,112 | )
Depreciation and amortization |  | 62,336 |  |  | 10,864 |  |  | — |  |  | — |  |  | 73,200 |
Capital expenditures |  | 63,673 |  |  | 83 |  |  | — |  |  | — |  |  | 63,756 |
Total assets of continuing operations |  | 6,497,883 |  |  | 361,063 |  |  | (36,203 | ) |  | — |  |  | 6,822,743 |
13-Week Period Ended January 27, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 2,514,670 |  |  | $ | 55,493 |  |  | $ | (42,152 | ) |  | $ | — |  |  | $ | 2,528,011 |
Goodwill and asset impairment charges |  | 67 |  |  | 11,175 |  |  | — |  |  | — |  |  | 11,242 |
Operating income (loss) |  | 53,941 |  |  | (16,549 | ) |  | 2,812 |  |  | — |  |  | 40,204 |
Total other expense, net |  | — |  |  | — |  |  | — |  |  | 3,719 |  |  | 3,719 |
(Loss) income from continuing operations before income taxes |  | — |  |  | — |  |  | — |  |  | — |  |  | 36,485 |
Depreciation and amortization |  | 21,437 |  |  | 370 |  |  | — |  |  | — |  |  | 21,807 |
Capital expenditures |  | 9,426 |  |  | 852 |  |  | — |  |  | — |  |  | 10,278 |
Total assets of continuing operations |  | 2,909,175 |  |  | 183,180 |  |  | (42,675 | ) |  | — |  |  | 3,049,680 |
(1) | For the second quarter of fiscal 2019, the Company recorded $265.2 million within Net sales in its wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.
(in thousands) |  | Wholesale |  | Other |  | Eliminations |  | Unallocated (Income)/Expenses |  | Consolidated
26-Week Period Ended January 26, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales(1) |  | $ | 8,987,242 |  |  | $ | 106,613 |  |  | $ | (76,493 | ) |  | $ | — |  |  | $ | 9,017,362 |
Goodwill and asset impairment charges |  | 370,871 |  |  | — |  |  | — |  |  | — |  |  | 370,871 |
Restructuring, acquisition, and integration related expenses |  | 4 |  |  | 115,125 |  |  | — |  |  | — |  |  | 115,129 |
Operating income (loss) |  | (251,971 | ) |  | (173,937 | ) |  | (1,065 | ) |  | — |  |  | (426,973 | )
Total other expense, net |  | — |  |  | — |  |  | — |  |  | 53,755 |  |  | 53,755 |
(Loss) income from continuing operations before income taxes |  | — |  |  | — |  |  | — |  |  | — |  |  | (480,728 | )
Depreciation and amortization |  | 85,853 |  |  | 12,140 |  |  | — |  |  | — |  |  | 97,993 |
Capital expenditures |  | 79,410 |  |  | 727 |  |  | — |  |  | — |  |  | 80,137 |
26-Week Period Ended January 27, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 4,959,328 |  |  | $ | 112,925 |  |  | $ | (86,697 | ) |  | $ | — |  |  | $ | 4,985,556 |
Goodwill and asset impairment charges |  | 67 |  |  | 11,175 |  |  | — |  |  | — |  |  | 11,242 |
Operating income (loss) |  | 113,897 |  |  | (21,140 | ) |  | 2,554 |  |  | — |  |  | 95,311 |
Total other expense, net |  | — |  |  | — |  |  | — |  |  | 6,432 |  |  | 6,432 |
(Loss) income from continuing operations before income taxes |  | — |  |  | — |  |  | — |  |  | — |  |  | 88,879 |
Depreciation and amortization |  | 42,976 |  |  | 1,273 |  |  | — |  |  | — |  |  | 44,249 |
Capital expenditures |  | 13,607 |  |  | 1,928 |  |  | — |  |  | — |  |  | 15,535 |
(1) | For the 26-week period ended January 26, 2019, the Company recorded $287.0 million within Net sales in its wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.

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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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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