XML 58 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1
Supplemental Disclosures of Cash Flow Information
12 Months Ended
Dec. 31, 2017
Supplemental Cash Flow Elements [Abstract]  
Supplemental Disclosures of Cash Flow Information

25.

Supplemental Disclosures of Cash Flow Information

 

Changes in current assets and current liabilities affecting cash were as follows:

 

 

 

Fiscal Year

 

(in thousands)

 

2017

 

 

2016

 

 

2015

 

Accounts receivable, trade, net

 

$

(121,203

)

 

$

(83,204

)

 

$

(62,542

)

Accounts receivable from The Coca-Cola Company

 

 

3,272

 

 

 

(31,231

)

 

 

(5,258

)

Accounts receivable, other

 

 

(9,190

)

 

 

(5,723

)

 

 

(9,543

)

Inventories

 

 

2,527

 

 

 

(8,301

)

 

 

(13,849

)

Prepaid expenses and other current assets

 

 

(22,870

)

 

 

2,277

 

 

 

(6,264

)

Accounts payable, trade

 

 

73,603

 

 

 

32,186

 

 

 

21,728

 

Accounts payable to The Coca-Cola Company

 

 

33,757

 

 

 

39,842

 

 

 

26,769

 

Other accrued liabilities

 

 

31,525

 

 

 

6,474

 

 

 

24,784

 

Accrued compensation

 

 

7,351

 

 

 

7,613

 

 

 

6,087

 

Accrued interest payable

 

 

1,487

 

 

 

158

 

 

 

(174

)

Change in current assets less current liabilities (exclusive of acquisitions)

 

$

259

 

 

$

(39,909

)

 

$

(18,262

)

 

The Company had the following cash payments (refunds) during the period for interest and income taxes:

 

 

 

Fiscal Year

 

(in thousands)

 

2017

 

 

2016

 

 

2015

 

Interest

 

$

39,609

 

 

$

34,764

 

 

$

27,391

 

Income taxes

 

 

30,965

 

 

 

(7,111

)

 

 

31,782

 

 

The Company had the following significant noncash investing and financing activities:

 

 

 

Fiscal Year

 

(in thousands)

 

2017

 

 

2016

 

 

2015

 

Estimated fair value related to the divestiture of the Deep South and Somerset Exchange Business and the Florence and Laurel Distribution Business

 

$

151,434

 

 

$

-

 

 

$

-

 

Additions to property, plant and equipment accrued and recorded in accounts payable, trade

 

 

22,329

 

 

 

15,704

 

 

 

14,006

 

Gain on acquisition of Southeastern Container preferred shares in CCR redistribution

 

 

6,012

 

 

 

-

 

 

 

-

 

Accounts receivable from The Coca-Cola Company for adjustments to the cash purchase price for the April 2017 Transactions

 

 

4,707

 

 

 

-

 

 

 

-

 

Issuance of Class B Common Stock in connection with stock award

 

 

3,669

 

 

 

3,726

 

 

 

2,225

 

Capital lease obligations incurred

 

 

2,233

 

 

 

-

 

 

 

3,361