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Leases | 9 Months Ended
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Sep. 28, 2019
Leases [Abstract] |
Leases [Text Block] | 8. Leases The Company leases certain manufacturing plants, warehouses, offices, machinery and equipment, and farmland. The Company subleases farmland to third-party growers. At the lease commencement date, the Company classifies a lease as a finance lease if it has the right to obtain substantially all of the economic benefits from the right-of-use assets, otherwise the lease is classified as an operating lease. The Company's leases have remaining noncancelable lease terms of less than one year to approximately 15 years, and typically require fixed monthly rental payments that may be adjusted annually to give effect to inflation. Real estate leases typically include options to extend the leases for up to 10 years. Machinery and equipment operating leases typically include purchase options for the fair market value of the underlying asset at the end of the lease term. Certain other leases for machinery and equipment include nominal purchase options at the end of the lease term that are reasonably certain of being exercised. In the third quarter of 2019, the Company completed the expansion of its Allentown, Pennsylvania, plant-based beverage facility, including the addition of new aseptic processing and packaging equipment under a seven-year finance lease. At the lease commencement date, the Company recognized $14.5 million of right-of-use assets in property, plant and equipment, and a corresponding lease liability in long-term debt. The right-of-use assets are being amortized on a straight-line basis over the term of the lease. The following tables present supplemental information related to leases recognized in the consolidated financial statements:
|  |  | Quarter ended |  |  | Three quarters ended |
|  |  | September 28, 2019 |  |  | September 28, 2019 |
|  |  | $ |  |  | $ |
Lease Costs |  |  |  |  |  |
Operating lease cost |  | 4,774 |  |  | 14,725 |
Finance lease cost |  |  |  |  |  |
| Depreciation of right-of-use assets |  | 606 |  |  | 1,197 |
| Interest on lease liabilities |  | 35 |  |  | 103 |
Sublease income |  | (130 | ) |  | (364 | )
Net lease cost |  | 5,285 |  |  | 15,661 |
|  |  | September 28, 2019 |
|  |  | $ |
Balance Sheet Classification |  |  |
Operating leases |  |  |
| Operating lease right-of-use assets |  | 71,672 |
| Current portion of operating lease liabilities |  | 17,709 |
| Operating lease liabilities |  | 54,663 |
| Total operating lease liabilities |  | 72,372 |
Finance leases |  |  |
| Property, plant and equipment, gross |  | 24,330 |
| Accumulated depreciation |  | (5,658 | )
| Property, plant and equipment, net |  | 18,672 |
| Current portion of long-term debt |  | 2,900 |
| Long-term debt |  | 13,930 |
| Total finance lease liabilities |  | 16,830 |
|  |  | Quarter ended |  |  | Three quarters ended |
|  |  | September 28, 2019 |  |  | September 28, 2019 |
|  |  | $ |  |  | $ |
Cash Flow Information |  |  |  |  |  |
Cash paid for amounts included in measurement of lease liabilities |  |  |  |  |  |
| Operating cash flows from operating leases |  | 4,801 |  |  | 15,041 |
| Operating cash flows from finance leases |  | 35 |  |  | 103 |
| Financing cash flows from finance leases |  | 525 |  |  | 1,308 |
Right-of-use assets obtained in exchange for lease liabilities |  |  |  |  |  |
| Operating leases |  | 2,149 |  |  | 2,796 |
| Finance leases |  | 14,549 |  |  | 14,549 |
|  |  |  | September 28, 2019 |
Other Information |  |  |
Weighted-average remaining lease term (years) |  |  |
| Operating leases |  | 5.9 |
| Finance leases |  | 6.1 |
Weighted-average discount rate(1) |  |  |
| Operating leases |  | 9.0% |
| Finance leases |  | 4.4% |
(1) In determining the present value of lease payments, the Company uses the implicit rate in the lease when that rate is readily determinable, which is the case for most of the Company's machinery and equipment leases. In all other cases, including real estate leases, the Company uses its incremental borrowing rate. The Company applied the incremental borrowing rate as at December 30, 2018 (the first day of fiscal 2019) to leases that commenced prior to that date. Discount rates are determined on a lease-by-lease basis.
|  | Operating leases |  |  | Finance leases |
|  | $ |  |  | $ |
Maturities of Lease Liabilities |  |  |  |  |  |
Remainder of 2019 |  | 4,532 |  |  | 588 |
2020 |  | 18,048 |  |  | 3,168 |
2021 |  | 15,129 |  |  | 3,168 |
2022 |  | 13,203 |  |  | 3,168 |
2023 |  | 8,925 |  |  | 2,572 |
Thereafter |  | 48,057 |  |  | 6,744 |
Total lease payments |  | 107,894 |  |  | 19,408 |
Less: imputed interest |  | (35,522 | ) |  | (2,578 | )
Total lease liabilities |  | 72,372 |  |  | 16,830 |
As at September 28, 2019, the Company did not have any material commitments for right-of-use assets for which the leases had not commenced.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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