XML 41 R28.htm IDEA: XBRL DOCUMENT
v3.20.2

Restructuring Charges and Asset Impairment (Tables) | 9 Months Ended
--- | ---
Oct. 03, 2020
Restructuring And Related Activities [Abstract] |
Schedule of Activity of Reserves for Closed Properties | The following table provides the activity of reserves for closed properties for the 40-week period ended October 3, 2020. Included in the liability are lease-related ancillary costs from the date of closure to the end of the remaining lease term, as well as related severance. Reserves for closed properties recorded in the condensed consolidated balance sheets are included in “Other accrued expenses” in Current liabilities and “Other long-term liabilities” in Long-term liabilities based on the timing of when the obligations are expected to be paid. Reserves for severance are recorded in “Accrued payroll and benefits”.
|  |  |  | Reserves for Closed Properties |
|  |  |  | Lease |  |  |  |  |  |  |  |  |  |  |
|  |  |  | Ancillary |  |  |  |  |  |  |
(In thousands) |  |  |  | Costs |  |  | Severance |  |  | Total |
Balance at December 28, 2019 |  |  |  | $ |  | 4,971 |  |  | $ |  | 17 |  |  | $ |  | 4,988 |
Provision for closing charges |  |  |  |  |  | 325 |  |  |  |  | — |  |  |  |  | 325 |
Provision for severance |  |  |  |  |  | — |  |  |  |  | 2,205 |  |  |  |  | 2,205 |
Changes in estimates |  |  |  |  |  | 89 |  |  |  |  | (193 | ) |  |  |  | (104 | )
Accretion expense |  |  |  |  |  | 95 |  |  |  |  | — |  |  |  |  | 95 |
Payments |  |  |  |  |  | (1,675 | ) |  |  |  | (1,760 | ) |  |  |  | (3,435 | )
Balance at October 3, 2020 |  |  |  | $ |  | 3,805 |  |  | $ |  | 269 |  |  | $ |  | 4,074 |
Schedule of Restructuring Activity and Asset Impairment | Restructuring and asset impairment activity included in the condensed consolidated statements of operations consisted of the following:
| 12 Weeks Ended |  |  | 40 Weeks Ended |
| October 3, |  |  | October 5, |  |  | October 3, |  |  | October 5, |
(In thousands) | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Asset impairment charges (a) | $ |  | 6,767 |  |  | $ |  | 1,447 |  |  | $ |  | 16,411 |  |  | $ |  | 15,512 |
Charge on customer advance (b) |  |  | — |  |  |  |  | — |  |  |  |  | — |  |  |  |  | 1,941 |
Provision for closing charges |  |  | — |  |  |  |  | 86 |  |  |  |  | 325 |  |  |  |  | 629 |
Loss (gain) on sales of assets related to closed facilities (c) |  |  | — |  |  |  |  | 72 |  |  |  |  | (31 | ) |  |  |  | (6,831 | )
Provision for severance (d) |  |  | — |  |  |  |  | 198 |  |  |  |  | 2,205 |  |  |  |  | 347 |
Other costs associated with site closures (e) |  |  | 2 |  |  |  |  | 330 |  |  |  |  | 1,649 |  |  |  |  | 1,307 |
Changes in estimates (f) |  |  | (226 | ) |  |  |  | (539 | ) |  |  |  | (104 | ) |  |  |  | (750 | )
Lease termination adjustments |  |  | — |  |  |  |  | (298 | ) |  |  |  | — |  |  |  |  | (1,940 | )
| $ |  | 6,543 |  |  | $ |  | 1,296 |  |  | $ |  | 20,455 |  |  | $ |  | 10,215 |
(a) Asset impairment charges in the current year were incurred primarily in the Food Distribution segment and relate to the evaluation of the expected net proceeds from the Fresh Kitchen facility which is currently held-for-sale, the exit of the Fresh Cut business, and the sale of equipment related to both Fresh Cut and Fresh Kitchen, which totaled $9.1 million. Due to the decision to abandon a tradename within the Food Distribution segment to better integrate with the Company’s overall transportation operations, an impairment charge of $7.0 million was recognized. In the prior year, charges primarily relate to the Fresh Production operations within the Food Distribution segment. (b) The charge on the customer advance relates to an advance to an independent retailer customer which was not fully recoverable. (c) Gain on sales of assets in the prior year primarily relates to the sale of a previously closed distribution center in the Food Distribution segment. (d) Severance in the current year was related to the exit of the Fresh Cut business. (e) Other costs primarily relate to the Fresh Cut and store closings in the current year, and a Food Distribution warehouse and store closings in the prior year. (f) Changes in estimates primarily relate to revised estimates for turnover and other lease ancillary costs associated with previously closed locations, due to favorable dispute resolutions with landlords and fluctuations in the amount of certain ancillary costs, as well as reductions in the amount of estimated severance benefits.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration