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Segmented Information
 6 Months Ended
Jul. 03, 2021
Segment Reporting [Abstract]  
Segmented Information [Text Block]

14.  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 oat, almond, rice, soy, coconut, hemp, and other bases), as well as broths, teas, and nutritional beverages.  In addition, Plant-Based Foods and Beverages 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, and other berries and blends), IQF and bulk frozen fruit for foodservice (including toppings, purées, and smoothies), and custom fruit preparations for industrial use.  In addition, Fruit-Based Foods and Beverages includes fruit snacks, including bars, twists, ropes, and bite-sized varieties.  Prior to the Company's exit from its fruit ingredient processing facility in July 2021 (see note 10), Fruit-Based Foods and Beverages also produced custom fruit preparations for industrial use.

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 and two quarters ended July 3, 2021 and June 27, 2020 were as follows:

    Quarter ended     Two quarters ended  
    July 3, 2021     June 27, 2020     July 3, 2021     June 27, 2020  
    $     $     $     $  
Segment revenues from external customers                        
Plant-Based Foods and Beverages   111,359     91,705     230,810     197,947  
Fruit-Based Foods and Beverages   90,914     92,696     179,103     194,051  
Total revenues from external customers   202,273     184,401     409,913     391,998  
                         
Segment operating income (loss)                        
Plant-Based Foods and Beverages   8,641     10,484     21,958     24,337  
Fruit-Based Foods and Beverages   (1,447 )   (2,016 )   (3,341 )   (6,718 )
Corporate Services   (5,471 )   (8,844 )   (10,809 )   (15,236 )
Total segment operating income (loss)   1,723     (376 )   7,808     2,383  
                         
Other income (expense), net (see note 10)   (4,661 )   835     (6,276 )   280  
Interest expense, net   (1,631 )   (7,413 )   (3,291 )   (15,078 )

Loss from continuing operations before

income taxes

   (4,569 )   (6,954 )   (1,759 )   (12,415 )

 

Segment Depreciation and Amortization

 

Depreciation and amortization by reportable segment for the quarters and two quarters ended July 3, 2021 and June 27, 2020 was as follows:

    Quarter ended     Two quarters ended  
    July 3, 2021     June 27, 2020     July 3, 2021     June 27, 2020  
    $     $     $     $  
Plant-Based Foods and Beverages   3,881     2,380     7,015     4,748  
Fruit-Based Foods and Beverages   3,861     4,110     7,630     8,246  
Corporate Services   1,168     1,165     2,308     2,386  
Total depreciation and amortization   8,910     7,655     16,953     15,380