Property, Plant and Equipment, net and Intangibles, net (Tables)
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12 Months Ended |
Jan. 02, 2021 |
Property, Plant and Equipment [Line Items] |
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Summary of Property, Plant and Equipment |
Property, plant and equipment, net consisted of the following as of January 2, 2021 and December 28, 2019: | | | | | | | | | | | | | | | | | 2020 | | 2019 | Mineral bearing land and leased interests | | $ | 468,966 | | | $ | 333,024 | | Land (non-mineral bearing) | | 197,432 | | | 182,065 | | Buildings and improvements | | 181,198 | | | 178,088 | | Plants, machinery and equipment | | 1,397,410 | | | 1,318,512 | | Mobile equipment and barges | | 543,133 | | | 501,809 | | Truck and auto fleet | | 56,163 | | | 54,838 | | Landfill airspace and improvements | | 52,202 | | | 49,766 | | Office equipment | | 45,942 | | | 43,155 | | Construction in progress | | 40,648 | | | 42,007 | | Property, plant and equipment | | 2,983,094 | | | 2,703,264 | | Less accumulated depreciation, depletion and amortization | | (1,132,925) | | | (955,815) | | Property, plant and equipment, net | | $ | 1,850,169 | | | $ | 1,747,449 | |
The estimated useful lives are generally as follows: | | | | | | | | | | | | Buildings and improvements | 10 - 30 | years | Plant, machinery and equipment | 7 - 20 | years | Office equipment | 3 - 7 | years | Truck and auto fleet | 5 - 8 | years | Mobile equipment and barges | 6 - 8 | years | Landfill airspace and improvements | 10 - 30 | years | Other | 4 - 20 | years |
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Intangible Assets by Type and in Total |
The following table shows intangible assets by type and in total: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | January 2, 2021 | | December 28, 2019 | | | Gross | | | | Net | | Gross | | | | Net | | | Carrying | | Accumulated | | Carrying | | Carrying | | Accumulated | | Carrying | | | Amount | | Amortization | | Amount | | Amount | | Amortization | | Amount | Operating permits | | $ | 33,671 | | | $ | (1,207) | | | $ | 32,464 | | | $ | 6,609 | | | $ | (290) | | | $ | 6,319 | | Mineral leases | | 19,225 | | | (7,571) | | | 11,654 | | | 19,064 | | | (6,408) | | | 12,656 | | Reserve rights | | 6,234 | | | (2,504) | | | 3,730 | | | 6,234 | | | (2,248) | | | 3,986 | | Trade names | | — | | | — | | | — | | | 1,000 | | | (958) | | | 42 | | Other | | 586 | | | (582) | | | 4 | | | 957 | | | (462) | | | 495 | | Total intangible assets | | $ | 59,716 | | | $ | (11,864) | | | $ | 47,852 | | | $ | 33,864 | | | $ | (10,366) | | | $ | 23,498 | |
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Estimated Amortization Expense for Intangible Assets |
The estimated amortization expense for intangible assets for each of the next five years and thereafter is as follows: | | | | | | | | 2021 | $ | 3,129 | | 2022 | 3,136 | | 2023 | 3,003 | | 2024 | 2,908 | | 2025 | 2,863 | | Thereafter | 32,813 | | Total | $ | 47,852 | |
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Summit Materials, LLC |
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Property, Plant and Equipment [Line Items] |
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Summary of Property, Plant and Equipment |
Property, plant and equipment, net consisted of the following as of January 2, 2021 and December 28, 2019: | | | | | | | | | | | | | | | | | 2020 | | 2019 | Mineral bearing land and leased interests | | $ | 468,966 | | | $ | 333,024 | | Land (non-mineral bearing) | | 197,432 | | | 182,065 | | Buildings and improvements | | 181,198 | | | 178,088 | | Plants, machinery and equipment | | 1,397,410 | | | 1,318,512 | | Mobile equipment and barges | | 543,133 | | | 501,809 | | Truck and auto fleet | | 56,163 | | | 54,838 | | Landfill airspace and improvements | | 52,202 | | | 49,766 | | Office equipment | | 45,942 | | | 43,155 | | Construction in progress | | 40,648 | | | 42,007 | | Property, plant and equipment | | 2,983,094 | | | 2,703,264 | | Less accumulated depreciation, depletion and amortization | | (1,132,925) | | | (955,815) | | Property, plant and equipment, net | | $ | 1,850,169 | | | $ | 1,747,449 | |
The estimated useful lives are generally as follows: | | | | | | Buildings and improvements | 10 - 30 years | Plant, machinery and equipment | 7 - 20 years | Office equipment | 3 - 7 years | Truck and auto fleet | 5 - 8 years | Mobile equipment and barges | 6 - 8 years | Landfill airspace and improvements | 10 - 30 years | Other | 4 - 20 years |
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Intangible Assets by Type and in Total |
: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | January 2, 2021 | | December 28, 2019 | | | Gross | | | | Net | | Gross | | | | Net | | | Carrying | | Accumulated | | Carrying | | Carrying | | Accumulated | | Carrying | | | Amount | | Amortization | | Amount | | Amount | | Amortization | | Amount | Operating permits | | $ | 33,671 | | | $ | (1,207) | | | $ | 32,464 | | | $ | 6,609 | | | $ | (290) | | | $ | 6,319 | | Mineral leases | | 19,225 | | | (7,571) | | | 11,654 | | | 19,064 | | | (6,408) | | | 12,656 | | Reserve rights | | 6,234 | | | (2,504) | | | 3,730 | | | 6,234 | | | (2,248) | | | 3,986 | | Trade names | | — | | | — | | | — | | | 1,000 | | | (958) | | | 42 | | Other | | 586 | | | (582) | | | 4 | | | 957 | | | (462) | | | 495 | | Total intangible assets | | $ | 59,716 | | | $ | (11,864) | | | $ | 47,852 | | | $ | 33,864 | | | $ | (10,366) | | | $ | 23,498 | |
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Estimated Amortization Expense for Intangible Assets |
The estimated amortization expense for intangible assets for each of the next five years and thereafter is as follows: | | | | | | 2021 | $ | 3,129 | | 2022 | 3,136 | | 2023 | 3,003 | | 2024 | 2,908 | | 2025 | 2,863 | | Thereafter | 32,813 | | Total | $ | 47,852 | |
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