Summary of Financial Information by Segment |
The Company’s segment results are as follows: | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year | (in thousands) | | 2021 | | 2020 | | 2019 | Net sales: | | | | | | | Nonalcoholic Beverages | | $ | 5,432,669 | | | $ | 4,879,170 | | | $ | 4,694,428 | | All Other | | 366,855 | | | 332,728 | | | 345,005 | | Eliminations(1) | | (236,810) | | | (204,541) | | | (212,884) | | Consolidated net sales | | $ | 5,562,714 | | | $ | 5,007,357 | | | $ | 4,826,549 | |
(1)The entire net sales elimination represents net sales from the All Other segment to the Nonalcoholic Beverages segment. Sales between these segments are recognized at either fair market value or cost depending on the nature of the transaction. | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year | (in thousands) | | 2021 | | 2020 | | 2019 | Income from operations: | | | | | | | Nonalcoholic Beverages | | $ | 456,713 | | | $ | 324,716 | | | $ | 174,133 | | All Other | | (17,542) | | | (11,338) | | | 6,621 | | Consolidated income from operations | | $ | 439,171 | | | $ | 313,378 | | | $ | 180,754 | | | | | | | | | Depreciation and amortization: | | | | | | | Nonalcoholic Beverages | | $ | 168,206 | | | $ | 167,355 | | | $ | 169,879 | | All Other | | 12,359 | | | 11,662 | | | 10,037 | | Consolidated depreciation and amortization | | $ | 180,565 | | | $ | 179,017 | | | $ | 179,916 | |
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