XML 40 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
SEGMENT INFORMATION
 6 Months Ended
Mar. 30, 2013
Segment Reporting [Abstract]  
SEGMENT INFORMATION

I. SEGMENT INFORMATION

The Company operates three lines of business: retail grocery sales (representing the aggregation of individual retail stores), shopping center rentals, and a fluid dairy processing plant. All of the Company’s operations are domestic. Information about the Company’s operations by lines of business (in thousands) is as follows:

 

     Three Months Ended      Six Months Ended  
     March 30,
2013		      March 24,
2012		      March 30,
2013		      March 24,
2012		  

Revenues from unaffiliated customers:

            

Grocery sales

    $ 886,374       $ 848,756       $ 1,786,170       $ 1,733,529   

Shopping center rentals

      2,056         2,136         4,242         4,429   

Fluid dairy

      32,264         32,911         65,260         66,376   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total revenues from unaffiliated customers

    $ 920,694       $ 883,803       $ 1,855,672       $ 1,804,334   
  

 

 

     

 

 

     

 

 

     

 

 

  

Income from operations:

            

Grocery sales

    $ 24,415       $ 20,821       $ 55,256       $ 47,909   

Shopping center rentals

      318         368         634         796   

Fluid dairy

      2,989         2,652         5,313         5,499   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total income from operations

    $ 27,722       $ 23,841       $ 61,203       $ 54,204   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

     March 30,
2013		     September 29,
2012		  

Assets:

     

Grocery sales

    $ 1,502,136      $ 1,486,109   

Shopping center rentals

      116,050        119,393   

Fluid dairy

      37,125        38,874   

Elimination of intercompany receivable

      (2,173 )      (2,267 ) 
  

 

 

    

 

 

  

Total assets

    $ 1,653,138      $ 1,642,109   
  

 

 

    

 

 

  

Sales by product category (amounts in thousands) are as follows:

 

     Three Months Ended      Six Months Ended  
     March 30,
2013		      March 24,
2012		      March 30,
2013		      March 24,
2012		  

Grocery

    $ 359,466       $ 346,674       $ 730,727       $ 718,635   

Non-foods

      170,271         167,002         347,975         342,651   

Perishables

      218,433         202,579         438,381         412,448   

Gasoline

      138,204         132,501         269,087         259,795   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total grocery segment

    $ 886,374       $ 848,756       $ 1,786,170       $ 1,733,529   
  

 

 

     

 

 

     

 

 

     

 

 

  

The grocery category includes grocery, dairy and frozen foods.

The non-foods category includes alcoholic beverages, tobacco, pharmacy, health and video.

The perishables category includes meat, produce, deli and bakery.

Revenue from shopping center rentals is included in the caption “Rental income, net” line of the Condensed Consolidated Statements of Income. Grocery and fluid dairy revenues comprise net sales reported in the Condensed Consolidated Statements of Income.

For the three-month periods ended March 30, 2013 and March 24, 2012, respectively, the fluid dairy segment had $14.8 million and $14.3 million in sales to the grocery sales segment. The fluid dairy segment had $30.7 million and $29.5 million in sales to the grocery sales segment for the six-month periods ended March 30, 2013 and March 24, 2012, respectively. These sales have been eliminated in consolidation and are excluded from the amounts in the table above.