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Segment Information
 9 Months Ended
Jun. 29, 2013
Segment Information [Abstract]  
Segment Information

I. SEGMENT INFORMATION

 

The Company operates three lines of business: retail grocery sales, 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

  

Nine Months Ended

 

  

June 29,

  

June 23,

  

June 29,

  

June 23,

 

 

2013

 

2012

 

2013

 

2012

Revenues from unaffiliated customers:

  

 

 

  

 

 

  

 

 

  

 

 

Grocery sales

  

$
899,535 

  

$
886,016 

  

$
2,685,705 

  

$
2,619,545 

Shopping center rentals

  

 
2,103 

  

 
2,329 

  

 
6,346 

  

 
6,758 

Fluid dairy

  

 
32,377 

  

 
31,740 

  

 
97,637 

  

 
98,116 

Total revenues from unaffiliated customers

  

$
934,015 

  

$
920,085 

  

$
2,789,688 

  

$
2,724,419 

 

  

 

 

  

 

 

  

 

 

  

 

 

Income from operations:

  

 

 

  

 

 

  

 

 

  

 

 

Grocery sales

  

$
29,960 

  

$
31,496 

  

$
85,215 

  

$
79,405 

Shopping center rentals

  

 
325 

  

 
515 

  

 
960 

  

 
1,311 

Fluid dairy

  

 
2,618 

  

 
2,716 

  

 
7,931 

  

 
8,215 

Total income from operations

  

$
32,903 

  

$
34,727 

  

$
94,106 

  

$
88,931 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

June 29,

 

September 29,

 

 

2013

 

2012

Assets:

  

 

 

 

 

 

Grocery sales

  

$
1,508,817 

 

$
1,486,109 

Shopping center rentals

  

 
116,050 

 

 
119,393 

Fluid dairy

  

 
36,938 

 

 
38,874 

Elimination of intercompany receivable

  

 
(2,131)

 

 
(2,267)

Total assets

  

$
1,659,674 

 

$
1,642,109 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Three Months Ended

  

Nine Months Ended

 

  

June 29,

  

June 23,

  

June 29,

  

June 23,

 

 

2013

 

2012

 

2013

 

2012

Grocery

  

$
344,742 

  

$
349,250 

  

$
1,075,061 

  

$
1,067,885 

Non-foods

  

 
178,402 

  

 
177,672 

  

 
526,783 

  

 
520,324 

Perishables

 

 
229,523 

 

 
218,322 

 

 
667,905 

 

 
630,770 

Gasoline

  

 
146,868 

  

 
140,772 

  

 
415,956 

  

 
400,566 

Total grocery segment

  

$
899,535 

  

$
886,016 

  

$
2,685,705 

  

$
2,619,545 

 

The grocery category includes grocery, dairy, and frozen foods.

The non-foods include 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 are included in the caption “Net sales” in the Condensed Consolidated Statements of Income.

 

For the three-month periods ended June 29, 2013 and June 23, 2012, respectively, the fluid dairy segment had $13.4 million and $13.5 million in sales to the grocery sales segment. The fluid dairy segment had $44.1 million and $43.0 million in sales to the grocery sales segment for the nine-month periods ended June 29, 2013 and June 23, 2012, respectively. These sales have been eliminated in consolidation and are excluded from the amounts in the table above.