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Revenue
 6 Months Ended
Jul. 17, 2021
Revenue From Contract With Customer [Abstract]  
Revenue

Note 3 – Revenue

Disaggregation of Revenue

The following table provides information about disaggregated revenue by type of products and customers for each of the Company’s reportable segments:

 

12 Weeks Ended July 17, 2021

 

 

28 Weeks Ended July 17, 2021

 

(In thousands)

Food Distribution

 

 

Retail

 

 

Military

 

 

Total

 

 

Food Distribution

 

 

Retail

 

 

Military

 

 

Total

 

Type of products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Center store (a)

$

 

339,057

 

 

$

 

238,504

 

 

$

 

205,075

 

 

$

 

782,636

 

 

$

 

790,834

 

 

$

 

527,222

 

 

$

 

487,137

 

 

$

 

1,805,193

 

Fresh (b)

 

 

362,922

 

 

 

 

242,209

 

 

 

 

129,772

 

 

 

 

734,903

 

 

 

 

810,130

 

 

 

 

525,244

 

 

 

 

299,464

 

 

 

 

1,634,838

 

Non-food (c)

 

 

328,361

 

 

 

 

99,601

 

 

 

 

92,811

 

 

 

 

520,773

 

 

 

 

731,056

 

 

 

 

227,737

 

 

 

 

221,868

 

 

 

 

1,180,661

 

Fuel

 

 

—

 

 

 

 

39,155

 

 

 

 

—

 

 

 

 

39,155

 

 

 

 

—

 

 

 

 

78,336

 

 

 

 

—

 

 

 

 

78,336

 

Other

 

 

26,186

 

 

 

 

508

 

 

 

 

2,399

 

 

 

 

29,093

 

 

 

 

58,588

 

 

 

 

882

 

 

 

 

5,861

 

 

 

 

65,331

 

Total

$

 

1,056,526

 

 

$

 

619,977

 

 

$

 

430,057

 

 

$

 

2,106,560

 

 

$

 

2,390,608

 

 

$

 

1,359,421

 

 

$

 

1,014,330

 

 

$

 

4,764,359

 

Type of customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individuals

$

 

—

 

 

$

 

619,573

 

 

$

 

—

 

 

$

 

619,573

 

 

$

 

—

 

 

$

 

1,358,866

 

 

$

 

—

 

 

$

 

1,358,866

 

Manufacturers, brokers and distributors

 

 

16,201

 

 

 

 

—

 

 

 

 

400,971

 

 

 

 

417,172

 

 

 

 

34,413

 

 

 

 

—

 

 

 

 

945,355

 

 

 

 

979,768

 

Retailers

 

 

1,030,446

 

 

 

 

—

 

 

 

 

26,687

 

 

 

 

1,057,133

 

 

 

 

2,331,406

 

 

 

 

—

 

 

 

 

63,114

 

 

 

 

2,394,520

 

Other

 

 

9,879

 

 

 

 

404

 

 

 

 

2,399

 

 

 

 

12,682

 

 

 

 

24,789

 

 

 

 

555

 

 

 

 

5,861

 

 

 

 

31,205

 

Total

$

 

1,056,526

 

 

$

 

619,977

 

 

$

 

430,057

 

 

$

 

2,106,560

 

 

$

 

2,390,608

 

 

$

 

1,359,421

 

 

$

 

1,014,330

 

 

$

 

4,764,359

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12 Weeks Ended July 11, 2020

 

 

28 Weeks Ended July 11, 2020

 

(In thousands)

Food Distribution

 

 

Retail

 

 

Military

 

 

Total

 

 

Food Distribution

 

 

Retail

 

 

Military

 

 

Total

 

Type of products:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Center store (a)

$

 

359,025

 

 

$

 

263,677

 

 

$

 

223,463

 

 

$

 

846,165

 

 

$

 

810,347

 

 

$

 

592,003

 

 

$

 

563,759

 

 

$

 

1,966,109

 

Fresh (b)

 

 

382,255

 

 

 

 

250,127

 

 

 

 

138,451

 

 

 

 

770,833

 

 

 

 

849,918

 

 

 

 

545,130

 

 

 

 

334,118

 

 

 

 

1,729,166

 

Non-food (c)

 

 

331,094

 

 

 

 

95,451

 

 

 

 

97,248

 

 

 

 

523,793

 

 

 

 

755,406

 

 

 

 

221,296

 

 

 

 

263,569

 

 

 

 

1,240,271

 

Fuel

 

 

—

 

 

 

 

21,640

 

 

 

 

—

 

 

 

 

21,640

 

 

 

 

—

 

 

 

 

54,640

 

 

 

 

—

 

 

 

 

54,640

 

Other

 

 

17,487

 

 

 

 

362

 

 

 

 

3,821

 

 

 

 

21,670

 

 

 

 

43,686

 

 

 

 

755

 

 

 

 

5,930

 

 

 

 

50,371

 

Total

$

 

1,089,861

 

 

$

 

631,257

 

 

$

 

462,983

 

 

$

 

2,184,101

 

 

$

 

2,459,357

 

 

$

 

1,413,824

 

 

$

 

1,167,376

 

 

$

 

5,040,557

 

Type of customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Individuals

$

 

—

 

 

$

 

631,040

 

 

$

 

—

 

 

$

 

631,040

 

 

$

 

—

 

 

$

 

1,413,373

 

 

$

 

—

 

 

$

 

1,413,373

 

Manufacturers, brokers and distributors

 

 

12,654

 

 

 

 

—

 

 

 

 

429,257

 

 

 

 

441,911

 

 

 

 

51,177

 

 

 

 

—

 

 

 

 

1,088,197

 

 

 

 

1,139,374

 

Retailers

 

 

1,062,021

 

 

 

 

—

 

 

 

 

29,905

 

 

 

 

1,091,926

 

 

 

 

2,371,443

 

 

 

 

—

 

 

 

 

73,249

 

 

 

 

2,444,692

 

Other

 

 

15,186

 

 

 

 

217

 

 

 

 

3,821

 

 

 

 

19,224

 

 

 

 

36,737

 

 

 

 

451

 

 

 

 

5,930

 

 

 

 

43,118

 

Total

$

 

1,089,861

 

 

$

 

631,257

 

 

$

 

462,983

 

 

$

 

2,184,101

 

 

$

 

2,459,357

 

 

$

 

1,413,824

 

 

$

 

1,167,376

 

 

$

 

5,040,557

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Center store includes dry grocery, frozen and beverages.

 

(b) Fresh includes produce, meat, dairy, deli, bakery, prepared proteins, seafood and floral.

 

 

 

 

 

 

(c) Non-food includes general merchandise, health and beauty care, tobacco products and pharmacy.

 

 

 

 

 

 

Contract Assets and Liabilities

Under its contracts with customers, the Company stands ready to deliver product upon receipt of a purchase order. Accordingly, the Company has no performance obligations under its contracts until its customers submit a purchase order. The Company does not receive pre-payment from its customers or enter into commitments to provide goods or services that have terms greater than one year. As the performance obligation is part of a contract that has an original expected duration of less than one year, the Company has applied the practical expedient under ASC 606 to omit disclosures regarding remaining performance obligations.

Revenue recognized from performance obligations related to prior periods (for example, due to changes in estimated rebates and incentives impacting the transaction price) was not material in any period presented.

For volume-based arrangements, the Company estimates the amount of the advanced funds earned by the retailers based on the expected volume of purchases by the retailer, and amortizes the advances as a reduction of the transaction price and revenue earned. These advances are not considered contract assets under ASC 606 as they are not generated through the transfer of goods or services to the retailers. These advances are included in Other assets, net within the condensed consolidated balance sheets.

When the Company transfers goods or services to a customer, payment is due subject to normal terms and is not conditional on anything other than the passage of time. Typical payment terms range from due upon receipt to 30 days, depending on the customer. At contract inception, the Company expects that the period of time between the transfer of goods to the customer and when the customer pays for those goods will be less than one year, which is consistent with the Company’s standard payment terms. Accordingly, the Company has elected the practical expedient to not adjust for the effects of a significant financing component. As a result, these amounts are recorded as receivables and not contract assets. The Company had no contract assets for any period presented.

The Company does not typically incur incremental costs of obtaining a contract that are contingent upon successful contract execution and would therefore be capitalized.

Allowance for Doubtful Accounts

Changes to the balance of the allowance for doubtful accounts were as follows:

 

 

 

 

Allowance for Doubtful Accounts

 

 

 

 

 

Current Accounts

 

 

Long-term

 

 

 

 

(In thousands)

 

 

 

and Notes Receivable

 

 

Notes Receivable

 

 

Total

 

Balance at January 2, 2021

 

 

 

$

 

6,232

 

 

$

 

371

 

 

$

 

6,603

 

Changes in credit loss estimates

 

 

 

 

 

(1,092

)

 

 

 

360

 

 

 

 

(732

)

Write-offs charged against the allowance

 

 

 

 

 

(499

)

 

 

 

—

 

 

 

 

(499

)

Balance at July 17, 2021

 

 

 

$

 

4,641

 

 

$

 

731

 

 

$

 

5,372

 

 

 

 

 

 

Allowance for Doubtful Accounts

 

 

 

 

 

Current Accounts

 

 

Long-term

 

 

 

 

(In thousands)

 

 

 

and Notes Receivable

 

 

Notes Receivable

 

 

Total

 

Balance at December 28, 2019

 

 

 

$

 

2,739

 

 

$

 

233

 

 

$

 

2,972

 

Impact of adoption of new credit loss standard (ASU 2016-13)

 

 

 

 

 

1,911

 

 

 

 

259

 

 

 

 

2,170

 

Provision for expected credit losses

 

 

 

 

 

419

 

 

 

 

—

 

 

 

 

419

 

Write-offs charged against the allowance

 

 

 

 

 

(206

)

 

 

 

(121

)

 

 

 

(327

)

Balance at July 11, 2020

 

 

 

$

 

4,863

 

 

$

 

371

 

 

$

 

5,234