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Segment Reporting (Tables)
 4 Months Ended
Apr. 21, 2018
Segment Reporting [Abstract]  
Information Regarding Operations in Reportable Segments

Information regarding the operations in these reportable segments is as follows (amounts in thousands):

 

 

 

For the Sixteen Weeks Ended

 

 

 

April 21, 2018

 

 

April 22, 2017

 

Sales:

 

 

 

 

 

 

 

 

DSD Segment

 

$

1,041,369

 

 

$

1,018,916

 

Warehouse Segment

 

 

245,814

 

 

 

237,676

 

Eliminations:

 

 

 

 

 

 

 

 

Sales from Warehouse Segment to DSD Segment

 

 

(54,845

)

 

 

(49,887

)

Sales from DSD Segment to Warehouse Segment

 

 

(25,885

)

 

 

(19,056

)

 

 

$

1,206,453

 

 

$

1,187,649

 

Gain on divestiture:

 

 

 

 

 

 

 

 

Warehouse Segment

 

$

—

 

 

$

(28,875

)

 

 

$

—

 

 

$

(28,875

)

Multi-employer pension plan withdrawal costs:

 

 

 

 

 

 

 

 

DSD Segment

 

$

2,322

 

 

$

—

 

 

 

$

2,322

 

 

$

—

 

Restructuring charges:

 

 

 

 

 

 

 

 

DSD Segment

 

$

1,204

 

 

$

—

 

Warehouse Segment

 

 

27

 

 

 

—

 

Unallocated corporate costs

 

 

28

 

 

 

—

 

 

 

$

1,259

 

 

$

—

 

Impairment of assets

 

 

 

 

 

 

 

 

DSD Segment

 

$

2,483

 

 

$

—

 

 

 

$

2,483

 

 

$

—

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

DSD Segment

 

$

37,470

 

 

$

41,062

 

Warehouse Segment

 

 

6,625

 

 

 

6,311

 

Unallocated corporate costs(1)

 

 

94

 

 

 

(185

)

 

 

$

44,189

 

 

$

47,188

 

Income from operations:

 

 

 

 

 

 

 

 

DSD Segment

 

$

84,425

 

 

$

87,261

 

Warehouse Segment

 

 

14,562

 

 

 

44,695

 

Unallocated corporate costs(2)

 

 

(22,372

)

 

 

(33,754

)

 

 

$

76,615

 

 

$

98,202

 

Interest expense

 

$

(10,996

)

 

$

(11,625

)

Interest income

 

$

8,095

 

 

$

6,577

 

Pension plan settlement loss

 

$

(4,668

)

 

$

—

 

Other components of net periodic pension and postretirement benefits credit

 

$

735

 

 

$

1,923

 

Income before income taxes

 

$

69,781

 

 

$

95,077

 

 

(1)

Represents costs allocated to the company’s corporate head office.

(2)

Represents costs allocated to the company’s corporate head office and pension plan settlement loss.

(3)

Represents the company’s corporate head office assets, including primarily cash and cash equivalents and deferred taxes.  Certain assets were reclassified from the unallocated corporate head office to the DSD Segment during the first quarter of our fiscal 2018.
Assets by Segment

The table below presents the assets by segment (amounts in thousands):

 

Assets:

 

April 21, 2018

 

 

December 30, 2017

 

DSD Segment

 

$

2,300,325

 

 

$

2,270,179

 

Warehouse Segment

 

 

302,303

 

 

 

296,157

 

Other (3)

 

 

67,629

 

 

 

93,388

 

Total assets

 

$

2,670,257

 

 

$

2,659,724

 

 

(1)

Represents costs allocated to the company’s corporate head office.

(2)

Represents costs allocated to the company’s corporate head office and pension plan settlement loss.

(3)

Represents the company’s corporate head office assets, including primarily cash and cash equivalents and deferred taxes.  Certain assets were reclassified from the unallocated corporate head office to the DSD Segment during the first quarter of our fiscal 2018.
Sales by Product Category in Each Reportable Segment

Sales by product category in each reportable segment are as follows for the sixteen weeks ended April 21, 2018 and April 22, 2017, respectively (amounts in thousands):

 

 

 

For the Sixteen Weeks Ended

 

 

For the Sixteen Weeks Ended

 

 

 

April 21, 2018

 

 

April 22, 2017

 

 

 

DSD Segment

 

 

Warehouse Segment

 

 

Total

 

 

DSD Segment

 

 

Warehouse Segment

 

 

Total

 

Branded retail

 

$

664,134

 

 

$

47,046

 

 

$

711,180

 

 

$

645,943

 

 

$

48,800

 

 

$

694,743

 

Store branded retail

 

 

136,684

 

 

 

35,892

 

 

 

172,576

 

 

 

137,533

 

 

 

34,691

 

 

 

172,224

 

Non-retail and other

 

 

214,666

 

 

 

108,031

 

 

 

322,697

 

 

 

216,384

 

 

 

104,298

 

 

 

320,682

 

Total

 

$

1,015,484

 

 

$

190,969

 

 

$

1,206,453

 

 

$

999,860

 

 

$

187,789

 

 

$

1,187,649