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Leases | 12 Months Ended
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Jan. 02, 2021
Leases [Abstract] |
Leases [Text Block] | 10. 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 ten 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 ten 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. The following tables present supplemental information related to leases:
|  |  | January 2, 2021 |  |  |  | December 28, 2019 |
|  |  | $ |  |  |  | $ |
Lease Costs |  |  |  |  |  |  |  |
Operating lease cost |  |  | 16,647 |  |  |  | 18,192 |
Finance lease cost: |  |  |  |  |  |  |  |
Depreciation of right-of-use assets |  |  | 2,647 |  |  |  | 1,439 |
Interest on lease liabilities |  |  | 675 |  |  |  | 267 |
Sublease income |  |  | (504 | ) |  |  | (476 | )
Net lease cost |  |  | 19,465 |  |  |  | 19,422 |
|  |  | January 2, 2021 |  |  |  | December 28, 2019 |
|  |  | $ |  |  |  | $ |
Balance Sheet Classification |  |  |  |  |  |  |  |
Operating leases: |  |  |  |  |  |  |  |
Operating lease right-of-use assets |  |  | 35,172 |  |  |  | 65,939 |
Current portion of operating lease liabilities |  |  | 12,750 |  |  |  | 16,084 |
Operating lease liabilities |  |  | 24,582 |  |  |  | 50,657 |
Total operating lease liabilities |  |  | 37,332 |  |  |  | 66,741 |
Finance leases: |  |  |  |  |  |  |  |
Property, plant and equipment, gross |  |  | 24,534 |  |  |  | 18,870 |
Accumulated depreciation |  |  | (5,787 | ) |  |  | (3,136 | )
Property, plant and equipment, net |  |  | 18,747 |  |  |  | 15,734 |
Current portion of long-term debt |  |  | 3,146 |  |  |  | 2,493 |
Long-term debt |  |  | 15,667 |  |  |  | 13,730 |
Total finance lease liabilities |  |  | 18,813 |  |  |  | 16,223 |
|  |  | January 2, 2021 |  |  |  | December 28, 2019 |
|  |  | $ |  |  |  | $ |
Cash Flow Information |  |  |  |  |  |  |  |
Cash paid for amounts included in measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  |  | 16,741 |  |  |  | 18,405 |
Operating cash flows from finance leases |  |  | 675 |  |  |  | 267 |
Financing cash flows from finance leases |  |  | 2,587 |  |  |  | 1,123 |
Right-of-use assets obtained in exchange for lease liabilities: |  |  |  |  |  |  |  |
Operating leases |  |  | 5,962 |  |  |  | 2,760 |
Finance leases |  |  | 5,179 |  |  |  | 14,549 |
Termination of operating lease right-of-use assets and lease liabilities (1) |  |  | (23,667 | ) |  |  | — |
Impairment of operating lease right-of-use assets(2) |  |  | (1,538 | ) |  |  | — |
(1) Reflects the Company's exit from its leased Santa Maria, California, frozen fruit processing facility effective February 1, 2020 (see note 5). (2) Reflects the impairment of operating lease right-of-use equipment assets related to one of two roasting lines at the Company's Crookston, Minnesota, facility, due to the consolidation of production into a single line, as well as the impairment of operating lease right-of-use real estate assets related to the Company's corporate office consolidation.
|  |  | January 2, 2021 |  |  |  | December 28, 2019 |
Other Information |  |  |  |  |  |  |  |
Weighted-average remaining lease term (years): |  |  |  |  |  |  |  |
Operating leases |  |  | 3.4 |  |  |  | 6.1 |
Finance leases |  |  | 5.3 |  |  |  | 5.9 |
Weighted-average discount rate: |  |  |  |  |  |  |  |
Operating leases |  |  | 6.6 | % |  |  | 9.2 | %
Finance leases |  |  | 5.4 | % |  |  | 4.5 | %
|  |  | Operating leases |  |  |  | Finance leases |
|  |  | $ |  |  |  | $ |
Maturities of Lease Liabilities |  |  |  |  |  |  |  |
2021 |  |  | 13,084 |  |  |  | 4,089 |
2022 |  |  | 11,057 |  |  |  | 4,294 |
2023 |  |  | 7,038 |  |  |  | 3,697 |
2024 |  |  | 5,147 |  |  |  | 3,578 |
2025 |  |  | 3,042 |  |  |  | 4,272 |
Thereafter |  |  | 3,613 |  |  |  | 1,839 |
Total lease payments |  |  | 42,981 |  |  |  | 21,769 |
Less: imputed interest |  |  | (5,649 | ) |  |  | (2,956 | )
Total lease liabilities |  |  | 37,332 |  |  |  | 18,813 |
The Company has commitments under certain master lease agreements that provide for up to approximately $45 million of financing in the aggregate related to the addition of new plant-based beverage and ingredient extraction processing and packaging equipment. As at January 2, 2021, approximately $40 million of the related finance leases had not commenced, and no amount of right-of-use assets, or lease liabilities, were recognized related to these leases on the consolidated balance sheet as of that date.

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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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