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Segment Information | 3 Months Ended
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Mar. 29, 2025
Segment Reporting [Abstract] |
Segment Information [Text Block] | 14. Segment Information Segment Profit or Loss The Company manages its continuing operations on a company-wide basis, rather than at a product category or business unit level, thereby making determinations as to the allocation of resources as one operating and reportable segment. Earnings from continuing operations as reported on the Company's consolidated statements of operations is the measure of segment profit or loss utilized by Company's Chief Executive Officer, who has been identified as the Chief Operating Decision Maker ("CODM"), when assessing performance and allocating resources. The significant segment-level expense information provided to the CODM is consistent with the Company's consolidated statements of operations, as supplemented by the specified expense items disclosed in the table below. The measure of segment assets is the same as total assets reported on the Company's consolidated balance sheet. There are no differences from the 2024 Form 10-K in the Company's basis for segmentation or basis for measurement of segment profit or loss. Disaggregation of Revenue The majority of the Company's products are shelf-stable packaged food and beverage products and share similar customers and distribution. The principal products that comprise the Company's product categories are as follows:
Category | Principal Products
Beverages and broths | Plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases, including Dream® and West Life™ brands; oat-based creamers, including SOWN® brand; ready-to-drink protein shakes; packaged teas and concentrates; meat and vegetable broths and stocks.
Fruit snacks | Ready-to-eat fruit snacks made from apple purée and juice concentrate in bar, bit, twist, strip and sandwich formats; cold pressed fruit bars.
Ingredients | Liquid bases utilizing oat and soy.
Revenue disaggregated by product category is as follows:
|  | Quarter ended |
|  | March 29, 2025 |  |  | March 30, 2024 |
|  | $ |  |  | $ |
Product Category |  |  |  |  |  |
Beverages and broths |  | 164,165 |  |  | 148,039 |
Fruit snacks |  | 33,073 |  |  | 29,409 |
Ingredients |  | 4,390 |  |  | 4,668 |
Smoothie bowls(1) |  | - |  |  | 2,306 |
Total revenues |  | 201,628 |  |  | 184,422 |
(1) On March 4, 2024, the Company completed the sale of its smoothie bowl product line and exited the category. Specified Expense Items The following table presents details of specified expenses provided to the CODM and included in earnings from continuing operations:
|  | Quarter ended |
|  | March 29, 2025 |  |  | March 30, 2024 |
|  | $ |  |  | $ |
Depreciation and Amortization |  |  |  |  |  |
Depreciation expense included in cost of goods sold |  | 7,957 |  |  | 6,929 |
Depreciation expense included in selling, general and administrative expenses |  | 1,323 |  |  | 1,201 |
Intangible asset amortization expense |  | 446 |  |  | 446 |
Total depreciation and amortization |  | 9,726 |  |  | 8,576 |
Stock-Based Compensation |  |  |  |  |  |
Stock-based compensation expense included in selling, general and administrative expenses |  | 1,543 |  |  | 4,645 |
Interest Expense, Net |  |  |  |  |  |
Interest expense |  | 6,008 |  |  | 6,182 |
Amortization of debt issuance costs |  | 249 |  |  | 229 |
Interest income |  | (1,150 | ) |  | (361 | )
Interest expense, net |  | 5,107 |  |  | 6,050 |

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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/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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