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Segment Information | 9 Months Ended
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Oct. 01, 2022
Segment Reporting [Abstract] |
Segment Information [Text Block] | 12. Segment Information The composition of the Company's operating and reportable segments is as follows: Plant-Based Foods and Beverages includes plant-based beverages and liquid and powder ingredients (utilizing oat, almond, soy, coconut, rice, hemp, and other bases), as well as broths, teas, and nutritional beverages. In addition, the held-for-sale sunflower business (see note 3) packages dry- and oil-roasted inshell sunflower and sunflower kernels, and processes 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) and IQF and bulk frozen fruit for foodservice (including toppings, purées, and smoothies). In addition, Fruit-Based Foods and Beverages includes fruit snacks, including bars, twists, ropes, and bite-sized varieties, and fruit smoothie bowls. 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. In addition, interest on corporate debt and income taxes are not allocated to the operating segments. Segment Revenues and Operating Income Operating segment results for the quarters and three quarters ended October 1, 2022 and October 2, 2021 were as follows:
|  | Quarter ended |  |  | Three quarters ended |
|  | October 1, 2022 |  |  | October 2, 2021 |  |  | October 1, 2022 |  |  | October 2, 2021 |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
Revenues from external customers |  |  |  |  |  |  |  |  |  |  |  |
Plant-Based Foods and Beverages |  | 137,726 |  |  | 114,870 |  |  | 419,149 |  |  | 345,680 |
Fruit-Based Foods and Beverages |  | 91,939 |  |  | 83,609 |  |  | 294,220 |  |  | 262,712 |
Total revenues from external customers |  | 229,665 |  |  | 198,479 |  |  | 713,369 |  |  | 608,392 |
Segment operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |
Plant-Based Foods and Beverages |  | 8,814 |  |  | 8,056 |  |  | 29,106 |  |  | 30,014 |
Fruit-Based Foods and Beverages |  | 2,870 |  |  | (3,517 | ) |  | 6,865 |  |  | (6,858 | )
Corporate Services |  | (4,040 | ) |  | (618 | ) |  | (16,302 | ) |  | (11,427 | )
Total segment operating income |  | 7,644 |  |  | 3,921 |  |  | 19,669 |  |  | 11,729 |
Other expense, net (see note 8) |  | (20,200 | ) |  | (1,172 | ) |  | (22,027 | ) |  | (7,448 | )
Interest expense, net |  | (4,342 | ) |  | (2,854 | ) |  | (10,004 | ) |  | (6,145 | )
Loss from continuing operations before income taxes |  | (16,898 | ) |  | (105 | ) |  | (12,362 | ) |  | (1,864 | )
Disaggregation of Revenue The following table presents a disaggregation of revenues by operating segment based on categories used by the Company to evaluate sales performance:
|  | Quarter ended |  |  | Three quarters ended |
|  | October 1, 2022 |  |  | October 2, 2021 |  |  | October 1, 2022 |  |  | October 2, 2021 |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
Plant-Based Foods and Beverages |  |  |  |  |  |  |  |  |  |  |  |
Beverages and broths |  | 112,785 |  |  | 91,385 |  |  | 336,305 |  |  | 274,365 |
Plant-based ingredients |  | 7,632 |  |  | 7,383 |  |  | 27,070 |  |  | 22,805 |
Sunflower and roasted snacks (see note 3) |  | 17,309 |  |  | 16,102 |  |  | 55,774 |  |  | 48,510 |
Total Plant-Based Foods and Beverages |  | 137,726 |  |  | 114,870 |  |  | 419,149 |  |  | 345,680 |
Fruit-Based Foods and Beverages |  |  |  |  |  |  |  |  |  |  |  |
Frozen fruit and fruit-based ingredients |  | 68,333 |  |  | 68,029 |  |  | 225,990 |  |  | 214,919 |
Fruit snacks and smoothie bowls |  | 23,606 |  |  | 15,580 |  |  | 68,230 |  |  | 47,793 |
Total Fruit-Based Foods and Beverages |  | 91,939 |  |  | 83,609 |  |  | 294,220 |  |  | 262,712 |
Total revenues |  | 229,665 |  |  | 198,479 |  |  | 713,369 |  |  | 608,392 |
Segment Assets Total assets by operating segment as at October 1, 2022 and January 1, 2022 were as follows:
|  | October 1, 2022 |  |  | January 1, 2022 |
|  | $ |  |  | $ |
Plant-Based Foods and Beverages |  | 362,003 |  |  | 301,065 |
Fruit-Based Foods and Beverages |  | 362,167 |  |  | 368,976 |
Corporate Services |  | 118,629 |  |  | 85,078 |
Assets held for sale (see note 3) |  | 16,151 |  |  | - |
Total assets |  | 858,950 |  |  | 755,119 |
Segment Depreciation and Amortization Depreciation and amortization by operating segment for the quarters and three quarters ended October 1, 2022 and October 2, 2021 was as follows:
|  | Quarter ended |  |  | Three quarters ended |
|  | October 1, 2022 |  |  | October 2, 2021 |  |  | October 1, 2022 |  |  | October 2, 2021 |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
Plant-Based Foods and Beverages |  | 4,750 |  |  | 3,951 |  |  | 13,756 |  |  | 10,966 |
Fruit-Based Foods and Beverages |  | 3,541 |  |  | 3,625 |  |  | 10,602 |  |  | 11,255 |
Corporate Services |  | 1,439 |  |  | 1,261 |  |  | 4,157 |  |  | 3,569 |
Total depreciation and amortization |  | 9,730 |  |  | 8,837 |  |  | 28,515 |  |  | 25,790 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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