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Segment Information
 12 Months Ended
Sep. 27, 2014
Segment Information [Abstract]  
Segment Information

11. Segment Information 

 

The Company operates one primary business segment, retail grocery sales (representing the aggregation of individual retail stores).   The “Other” segment includes the Company’s remaining operations -- fluid dairy and shopping center rentals.    Information about the Company’s operations by lines of business (amounts in thousands) is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

Revenues from unaffiliated customers:

 

 

 

 

 

 

 

 

 

Grocery sales

 

$
3,683,353 

 

$
3,599,820 

 

$
3,577,510 

Other

 

 
152,633 

 

 
138,720 

 

 
140,805 

Total revenues from unaffiliated customers

 

$
3,835,986 

 

$
3,738,540 

 

$
3,718,315 

 

 

 

 

 

 

 

 

 

 

Income before income taxes:

 

 

 

 

 

 

 

 

 

Grocery sales

 

$
112,030 

 

$
114,380 

 

$
111,540 

Other

 

 
11,315 

 

 
11,194 

 

 
12,307 

        Total income from operations

 

 
123,345 

 

 
125,574 

 

 
123,847 

        Other income, net

 

 
3,001 

 

 
2,900 

 

 
3,527 

        Interest expense

 

 
46,570 

 

 
59,142 

 

 
60,027 

        Loss on early extinguishment of debt

 

 

—

 

 
43,089 

 

 

—

Income before income taxes

 

$
79,776 

 

$
26,243 

 

$
67,347 

 

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

Grocery sales

 

$
1,515,055 

 

$
1,528,483 

 

$
1,486,109 

Other

 

 
144,667 

 

 
143,237 

 

 
158,267 

Elimination of intercompany receivable

 

 
(2,770)

 

 
(2,392)

 

 
(2,267)

Total assets

 

$
1,656,952 

 

$
1,669,328 

 

$
1,642,109 

 

 

 

 

 

 

 

 

 

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

Grocery sales

 

$
105,808 

 

$
99,995 

 

$
175,835 

Other

 

 
2,531 

 

 
1,458 

 

 
4,794 

Total capital expenditures

 

$
108,338 

 

$
101,453 

 

$
180,629 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

Grocery sales

 

$
90,025 

 

$
87,331 

 

$
82,584 

Other

 

 
7,639 

 

 
7,558 

 

 
7,947 

Total depreciation and amortization

 

$
97,664 

 

$
94,889 

 

$
90,531 

 

 

Sales by product category for fiscal years 2014, 2013 and 2012, respectively, are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended September

 

 

(dollars in thousands)

 

 

2014

 

2013

 

2012

Grocery

 

$
1,397,870 

 

$
1,424,869 

 

$
1,447,520 

Non-foods

 

 
729,934 

 

 
707,294 

 

 
709,959 

Perishables

 

 
937,402 

 

 
898,956 

 

 
866,252 

Gasoline

 

 
618,147 

 

 
568,701 

 

 
553,779 

 Total grocery segment

 

$
3,683,353 

 

$
3,599,820 

 

$
3,577,510 

 

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

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

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

 

The fluid dairy operation had $58.7  million, $58.3 million and $58.5 million in sales to the grocery sales segment in fiscal 2014,  2013 and 2012, respectively. These sales were eliminated in consolidation.