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Reporting Segment Information
 9 Months Ended
Oct. 08, 2022
Segment Reporting [Abstract]  
Reporting Segment Information

Note 13 – Segment Information

As disclosed in Note 1, during the third quarter of fiscal year 2022, the Company combined the former Food Distribution and Military reportable segments into a single reportable segment, Wholesale. Segment information from prior periods has been recast to reflect this change.

The following tables set forth information about the Company by reportable segment:

(In thousands)

Wholesale

 

 

Retail

 

 

Total

 

12 Weeks Ended October 8, 2022

 

 

 

 

 

 

 

 

 

 

 

Net sales to external customers

$

 

1,629,869

 

 

$

 

666,643

 

 

$

 

2,296,512

 

Inter-segment sales

 

 

280,892

 

 

 

 

274

 

 

 

 

281,166

 

Acquisition and integration, net

 

 

—

 

 

 

 

(577

)

 

 

 

(577

)

Restructuring and asset impairment, net

 

 

(2,088

)

 

 

 

1,202

 

 

 

 

(886

)

Depreciation and amortization

 

 

11,090

 

 

 

 

10,743

 

 

 

 

21,833

 

Operating earnings

 

 

14,015

 

 

 

 

5,285

 

 

 

 

19,300

 

Capital expenditures

 

 

9,642

 

 

 

 

10,209

 

 

 

 

19,851

 

 

 

 

 

 

 

 

 

 

 

 

 

12 Weeks Ended October 9, 2021

 

 

 

 

 

 

 

 

 

 

 

Net sales to external customers

$

 

1,464,516

 

 

$

 

608,737

 

 

$

 

2,073,253

 

Inter-segment sales

 

 

250,055

 

 

 

 

154

 

 

 

 

250,209

 

Acquisition and integration, net

 

 

—

 

 

 

 

101

 

 

 

 

101

 

Restructuring and asset impairment, net

 

 

(332

)

 

 

 

137

 

 

 

 

(195

)

Depreciation and amortization

 

 

11,130

 

 

 

 

10,633

 

 

 

 

21,763

 

Operating earnings

 

 

5,929

 

 

 

 

16,802

 

 

 

 

22,731

 

Capital expenditures

 

 

10,148

 

 

 

 

4,971

 

 

 

 

15,119

 

 

 

 

 

 

 

 

 

 

 

 

 

40 Weeks Ended October 8, 2022

 

 

 

 

 

 

 

 

 

 

 

Net sales to external customers

$

 

5,213,733

 

 

$

 

2,120,327

 

 

$

 

7,334,060

 

Inter-segment sales

 

 

904,144

 

 

 

 

675

 

 

 

 

904,819

 

Acquisition and integration, net

 

 

—

 

 

 

 

98

 

 

 

 

98

 

Restructuring and asset impairment, net

 

 

(2,216

)

 

 

 

3,954

 

 

 

 

1,738

 

Depreciation and amortization

 

 

36,602

 

 

 

 

35,672

 

 

 

 

72,274

 

Operating earnings

 

 

54,834

 

 

 

 

4,944

 

 

 

 

59,778

 

Capital expenditures

 

 

34,867

 

 

 

 

31,415

 

 

 

 

66,282

 

 

 

 

 

 

 

 

 

 

 

 

 

40 Weeks Ended October 9, 2021

 

 

 

 

 

 

 

 

 

 

 

Net sales to external customers

$

 

4,869,454

 

 

$

 

1,968,158

 

 

$

 

6,837,612

 

Inter-segment sales

 

 

830,313

 

 

 

 

572

 

 

 

 

830,885

 

Acquisition and integration, net

 

 

—

 

 

 

 

281

 

 

 

 

281

 

Restructuring and asset impairment, net

 

 

431

 

 

 

 

2,550

 

 

 

 

2,981

 

Depreciation and amortization

 

 

35,701

 

 

 

 

35,559

 

 

 

 

71,260

 

Operating earnings

 

 

35,142

 

 

 

 

43,705

 

 

 

 

78,847

 

Capital expenditures

 

 

32,309

 

 

 

 

22,648

 

 

 

 

54,957

 

 

 

 

 

 

October 8,

 

 

January 1,

 

(In thousands)

 

 

 

2022

 

 

2022

 

Total Assets

 

 

 

 

 

 

 

 

 

 

Wholesale

 

 

 

$

 

1,580,120

 

 

$

 

1,459,440

 

Retail

 

 

 

 

 

761,357

 

 

 

 

747,342

 

Total

 

 

 

$

 

2,341,477

 

 

$

 

2,206,782