XML 86 R63.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segments (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Summary of Financial Information by Segment

The Company’s segment results are as follows:

 

 

 

Fiscal Year

 

(in thousands)

 

2017

 

 

2016

 

 

2015

 

Net Sales:

 

 

 

 

 

 

 

 

 

 

 

 

Nonalcoholic Beverages

 

$

4,243,007

 

 

$

3,060,937

 

 

$

2,245,836

 

All Other

 

 

301,801

 

 

 

234,732

 

 

 

160,191

 

Eliminations(1)

 

 

(221,140

)

 

 

(139,241

)

 

 

(99,569

)

Consolidated net sales

 

$

4,323,668

 

 

$

3,156,428

 

 

$

2,306,458

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from operations:

 

 

 

 

 

 

 

 

 

 

 

 

Nonalcoholic Beverages

 

$

84,775

 

 

$

123,230

 

 

$

92,921

 

All Other

 

 

11,404

 

 

 

4,629

 

 

 

5,223

 

Consolidated income from operations

 

$

96,179

 

 

$

127,859

 

 

$

98,144

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and Amortization:

 

 

 

 

 

 

 

 

 

 

 

 

Nonalcoholic Beverages

 

$

160,524

 

 

$

109,716

 

 

$

76,127

 

All Other

 

 

8,317

 

 

 

6,907

 

 

 

4,769

 

Consolidated depreciation and amortization

 

$

168,841

 

 

$

116,623

 

 

$

80,896

 

 

(in thousands)

 

December 31, 2017

 

 

January 1, 2017

 

Total Assets:

 

 

 

 

 

 

 

 

Nonalcoholic Beverages

 

$

2,958,521

 

 

$

2,349,284

 

All Other

 

 

119,894

 

 

 

105,785

 

Eliminations(1)

 

 

(5,455

)

 

 

(5,585

)

Consolidated total assets

 

$

3,072,960

 

 

$

2,449,484

 

 

 

(1)

The entire net sales elimination for each period presented represents net sales from All Other 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. Asset eliminations relate to eliminations of intercompany receivables and payables between Nonalcoholic Beverages and All Other.
Net Sales by Product Category

Net sales by product category were as follows:

 

 

 

Fiscal Year

 

(in thousands)

 

2017

 

 

2016

 

 

2015

 

Bottle/can sales:

 

 

 

 

 

 

 

 

 

 

 

 

Sparkling beverages (carbonated)

 

$

2,285,621

 

 

$

1,764,558

 

 

$

1,323,712

 

Still beverages (noncarbonated, including energy products)

 

 

1,325,969

 

 

 

892,125

 

 

 

577,872

 

Total bottle/can sales

 

 

3,611,590

 

 

 

2,656,683

 

 

 

1,901,584

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other sales:

 

 

 

 

 

 

 

 

 

 

 

 

Sales to other Coca-Cola bottlers

 

 

383,065

 

 

 

238,182

 

 

 

178,777

 

Post-mix and other

 

 

329,013

 

 

 

261,563

 

 

 

226,097

 

Total other sales

 

 

712,078

 

 

 

499,745

 

 

 

404,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total net sales

 

$

4,323,668

 

 

$

3,156,428

 

 

$

2,306,458