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Value Creation Plan (Tables) | 9 Months Ended
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Sep. 28, 2019
Restructuring and Related Activities [Abstract] |
Schedule Of Restructuring And Related Costs [Table Text Block] |
|  |  |  |  | Employee |  |  |  |  |  |  |
|  | Asset |  |  | recruitment, |  |  | Consulting |  |  |  |
|  | impairments |  |  | retention and |  |  | fees and |  |  |  |
|  | and facility |  |  | termination |  |  | temporary |  |  |  |
|  | closure costs(a) |  |  | costs(b) |  |  | labor costs |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
September 28, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Balance payable, December 29, 2018(1) |  | 477 |  |  | 436 |  |  | — |  |  | 913 |
Costs incurred and charged to expense |  | 308 |  |  | 7,098 |  |  | 964 |  |  | 8,370 |
Cash payments, net |  | (533 | ) |  | (6,220 | ) |  | (901 | ) |  | (7,654 | )
Non-cash adjustments |  | — |  |  | 2,872 |  |  | — |  |  | 2,872 |
Balance payable, September 28, 2019(1) |  | 252 |  |  | 4,186 |  |  | 63 |  |  | 4,501 |
September 29, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Balance payable (receivable), December 31, 2017 |  | (700 | ) |  | 4,427 |  |  | — |  |  | 3,727 |
Costs incurred and charged to expense |  | 1,867 |  |  | 600 |  |  | 410 |  |  | 2,877 |
Cash receipts (payments), net |  | 1,191 |  |  | (4,447 | ) |  | (110 | ) |  | (3,366 | )
Non-cash adjustments |  | (1,255 | ) |  | — |  |  | — |  |  | (1,255 | )
Balance payable, September 29, 2018 |  | 1,103 |  |  | 580 |  |  | 300 |  |  | 1,983 |
(1) Balance payable was included in accounts payable and accrued liabilities on the consolidated balance sheet. (a) Asset impairments and facility closure costs For the three quarters ended September 28, 2019, costs incurred included costs to dismantle and move equipment from the Company's soy extraction facility, in Heuvelton, New York, which was closed in December 2016. As at September 28, 2019, the balance payable represented the remaining lease obligation (net of sublease rentals) related to the Company's former nutritional bar facility, which was vacated in March 2018. The lease and sublease on this facility extend to December 2020. For the three quarters ended September 29, 2018, costs incurred included the remaining lease obligation related to the former nutrition bar facility, and an impairment loss related to the disposal of the Company's roasting facility in Wahpeton, North Dakota, net of cash proceeds received on the sale of the facility. In addition, net cash receipts reflected proceeds on the sale of nutrition bar equipment. (b) Employee recruitment, retention and termination costs For the three quarters ended September 28, 2019, costs incurred included severance benefits related to employee terminations in connection with the restructuring completed in September 2019, and cost rationalizations associated with the sale of the soy and corn business. In addition, recruitment, relocation and termination costs were incurred in connection with the Company's Chief Executive Officer ("CEO") transition in February 2019 and Chief Financial Officer ("CFO") transition in September 2019. Employee termination costs were recognized net of the reversal of $2.9 million of previously recognized stock-based compensation related to forfeited awards of terminated employees. As at September 28, 2019, the balance payable included accrued severance benefits paid to affected employees in October 2019, or payable to certain former employees through salary continuance extending up to 24 months, as well as accrued retention bonuses for certain employees who remain employed by the Company through specified retention dates. For the three quarters ended September 29, 2018, costs incurred represented severance benefits to terminated employees, and cash payments included retention bonuses that were paid out to certain employees. The following table summarizes costs incurred since the inception of the Value Creation Plan to September 28, 2019:
|  |  |  |  | Employee |  |  |  |  |  |  |
|  | Asset |  |  | recruitment, |  |  | Consulting |  |  |  |
|  | impairments |  |  | retention and |  |  | fees and |  |  |  |
|  | and facility |  |  | termination |  |  | temporary |  |  |  |
|  | closure costs |  |  | costs |  |  | labor costs |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
Costs incurred and charged to expense |  | 34,960 |  |  | 22,079 |  |  | 21,943 |  |  | 78,982 |
Cash payments, net |  | (10,211 | ) |  | (21,188 | ) |  | (21,880 | ) |  | (53,279 | )
Non-cash adjustments |  | (24,497 | ) |  | 3,295 |  |  | — |  |  | (21,202 | )
Balance payable, September 28, 2019 |  | 252 |  |  | 4,186 |  |  | 63 |  |  | 4,501 |
For the quarters and three quarters ended September 28, 2019 and September 29, 2018, costs incurred and charged to expense were recorded in the consolidated statement of operations as follows:
|  | Quarter ended |  |  | Three quarters ended |
|  | September 28, 2019 |  |  | September 29, 2018 |  |  | September 28, 2019 |  |  | September 29, 2018 |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
Cost of goods sold(1) |  | — |  |  | — |  |  | — |  |  | 100 |
Selling, general and administrative expenses(2) |  | 1,615 |  |  | — |  |  | 2,772 |  |  | 613 |
Other expense(3) |  | 3,222 |  |  | 43 |  |  | 5,598 |  |  | 2,164 |
|  | 4,837 |  |  | 43 |  |  | 8,370 |  |  | 2,877 |
(1) For the three quarters ended September 29, 2018, inventory write-downs and facility closure costs recorded in cost of goods sold were allocated to the Consumer Products operating segment. (2) Professional fees and employee retention, recruitment and relocation costs recorded in selling general and administrative expenses were allocated to Corporate Services. (3) For the quarter ended September 28, 2019, costs recorded in other expense, such as employee termination and recruitment costs, and asset impairment, facility closure and lease termination costs, were allocated as follows: Global Ingredients reportable segment - $nil (September 29, 2018 - $nil); Consumer Products operating segment - $1.1 million (September 29, 2018 - $nil); and Corporate Services - $2.1 million (September 29, 2018 - $0.0 million). For the three quarters ended September 28, 2019, costs recorded in other expense were allocated as follows: Global Ingredients reportable segment - $0.3 million (September 29, 2018 - $0.7 million); Consumer Products operating segment - $2.4 million (September 29, 2018 - $1.3 million); and Corporate Services - $2.9 million (September 29, 2018 - $0.2 million).

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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