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Segmented Information
 3 Months Ended
Apr. 03, 2021
Segment Reporting [Abstract]  
Segmented Information [Text Block]

12.  Segmented Information

The segment information below is presented on a continuing operations basis, with prior period information recast to reflect the reporting of Tradin Organic as discontinued operations.  Following the divestiture of Tradin Organic, the composition of the Company's two continuing operating segments is as follows:

 

  • Plant-Based Foods and Beverages - includes plant-based beverages and liquid and dry ingredients (utilizing almond, soy, coconut, oat, hemp, and other bases), as well as broths, teas, and nutritional beverages.  In addition, it includes packaged dry- and oil-roasted inshell sunflower and sunflower kernels, as well as corn-, soy- and legume-based roasted snacks, and the processing and sale of raw sunflower inshell and kernel for food and feed applications. 
  • Fruit-Based Foods and Beverages - includes individually quick frozen ("IQF") fruit for retail (including strawberries, blueberries, mango, pineapple, blends, and other berries), IQF and bulk frozen fruit for foodservice (including purées, fruit cups and smoothies), and custom fruit preparations for industrial use.  In addition, it includes fruit snacks, including bars, twists, ropes, and bite-sized varieties. 

Corporate Services provides a variety of management, financial, information technology, treasury, and administration services to each of the Company's operating segments.

 

When reviewing the operating results of the Company's operating segments, management uses segment revenues from external customers and segment operating income/loss to assess performance and allocate resources.  Total segment operating income/loss includes general and administrative expenses incurred by Corporate Services and excludes other income/expense items and goodwill impairments.  In addition, interest on corporate debt and income taxes are not allocated to the operating segments.

 

Segment Revenues and Operating Income

Reportable segment operating results for the quarters ended April 3, 2021 and March 28, 2020 were as follows:

    Quarter ended  
    April 3,
2021		     March 28,
2020		  
    $     $  
Segment revenues from external customers            
Plant-Based Foods and Beverages   119,451     106,242  
Fruit-Based Foods and Beverages   88,189     101,355  
Total revenues from external customers   207,640     207,597  
             
Segment operating income (loss)            
Plant-Based Foods and Beverages   13,317     13,853  
Fruit-Based Foods and Beverages   (1,894 )   (4,702 )
Corporate Services   (5,338 )   (6,392 )
Total segment operating income   6,085     2,759  
             
Other expense, net (see note 8)   (1,615 )   (555 )
Interest expense, net   (1,660 )   (7,665 )
Earnings (loss) from continuing operations before income taxes   2,810     (5,461 )

 

Segment Depreciation and Amortization

Depreciation and amortization by reportable segment for the quarters ended April 3, 2021 and March 28, 2020 was as follows:

    Quarter ended  
    April 3,
2021		     March 28,
2020		  
    $     $
Plant-Based Foods and Beverages   3,134     2,368  
Fruit-Based Foods and Beverages   3,769     4,136  
Corporate Services   1,140     1,221  
Total depreciation and amortization   8,043     7,725