NOTE 17—BUSINESS SEGMENTS

The Company has three operating segments aggregated under the Wholesale reportable segment: legacy Company Wholesale; Supervalu Wholesale and Canada Wholesale. In addition, the Company’s Retail operating segment is a separate reportable segment, which is primarily comprised of discontinued operations activities. The legacy Company Wholesale, Supervalu Wholesale and Canada Wholesale operating segments have similar products and services, customer channels, distribution methods and economic characteristics. The Wholesale reportable segment is engaged in the national distribution of natural, organic, specialty, produce, and conventional grocery and non-food products, and provider of support services in the United States and Canada. The Company has additional operating segments that do not meet the quantitative thresholds for reportable segments and are therefore aggregated under the caption of Other. Other includes a former retail division, that engaged in the sale of natural foods and related products to the general public through retail storefronts on the east coast of the United States, a manufacturing division, which engages in the importing, roasting, packaging, and distributing of nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items and confections, the Company’s branded product lines, and the Company’s brokerage business, which markets various products on behalf of food vendors directly and exclusively to the Company’s customers. Other also includes certain corporate operating expenses that are not allocated to operating segments, which include, among other expenses, restructuring, acquisition and integration related expenses, share-based compensation, and salaries, retainers, and other related expenses of certain officers and all directors. The Company allocates certain corporate capital expenditures and identifiable assets to its business segments and retains certain depreciation expense related to those assets within Other. Non-operating expenses that are not allocated to the operating segments are under the caption of Unallocated (Income)/Expenses.



(in thousands)	Wholesale			Other			Eliminations			Unallocated (Income)/ Expenses		Consolidated
Fiscal year ended August 3, 2019
Net sales⁽¹⁾	$	21,324,693		$	228,518		$	(166,143	)	$	—	$	21,387,068
Goodwill and asset impairment charges	292,770			—			—			—		292,770
Restructuring, acquisition and integration related expenses	1,226			152,313			—			—		153,539
Operating loss	(9,341		)	(277,770		)	(3,901		)	—		(291,012		)
Total other expense, net	—			—			—			144,280		144,280
Loss from continuing operations before income taxes												(435,292		)
Depreciation and amortization	217,954			28,871			—			—		246,825
Capital expenditures	206,812			1,005			—			—		207,817
Total assets of continuing operations	6,301,015			426,637			(42,481		)	—		6,685,171
Fiscal year ended July 28, 2018
Net sales	10,169,840			228,465			(171,622		)	—		10,226,683
Goodwill and asset impairment charges	67			11,175			—			—		11,242
Restructuring, acquisition and integration related expenses	—			9,738			—			—		9,738
Operating income (loss)	260,363			(36,563		)	3,425			—		227,225
Total other expense, net	—			—			—			14,480		14,480
Income from continuing operations before income taxes												212,745
Depreciation and amortization	85,388			2,243			—			—		87,631
Capital expenditures	43,402			1,206			—			—		44,608
Total assets of continuing operations	2,811,948			189,312			(36,788		)	—		2,964,472
Fiscal year ended July 29, 2017
Net sales	9,210,815			232,192			(168,536		)	—		9,274,471
Restructuring, acquisition and integration related expenses	2,922			3,942			—			—		6,864
Operating income (loss)	247,419			(21,857		)	463			—		226,025
Total other expense, net	—			—			—			11,602		11,602
Income from continuing operations before income taxes												214,423
Depreciation and amortization	83,063			2,988			—			—		86,051
Capital expenditures	53,328			2,784			—			—		56,112
Total assets of continuing operations	2,724,069			203,154			(40,660		)	—		2,886,563


(1)	For the fiscal year ended August 3, 2019, the Company recorded $769.8 million within Net sales in its Wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.