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Revenue Recognition (Tables)
6 Months Ended
Jul. 01, 2018
Revenue From Contract With Customer [Abstract]  
Schedule of Net Sales By Category

The Company’s sales are divided into two main categories: (i) bottle/can sales and (ii) other sales. Bottle/can sales include products packaged primarily in plastic bottles and aluminum cans. Other sales include sales to other Coca‑Cola bottlers, “post-mix” products, transportation and equipment maintenance revenue. Post-mix products are dispensed through equipment that mixes fountain syrups with carbonated or still water, enabling fountain retailers to sell finished products to consumers in cups or glasses. Net sales by category were as follows:

 

 

 

Second Quarter

 

 

First Half

 

(in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Bottle/can sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sparkling beverages (carbonated)

 

$

619,184

 

 

$

607,623

 

 

$

1,181,837

 

 

$

1,087,383

 

Still beverages (noncarbonated, including energy products)

 

 

404,902

 

 

 

368,955

 

 

 

729,482

 

 

 

625,013

 

Total bottle/can sales

 

 

1,024,086

 

 

 

976,578

 

 

 

1,911,319

 

 

 

1,712,396

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales to other Coca-Cola bottlers

 

 

106,946

 

 

 

104,968

 

 

 

208,680

 

 

 

169,698

 

Post-mix and other

 

 

96,240

 

 

 

87,745

 

 

 

179,337

 

 

 

152,899

 

Total other sales

 

 

203,186

 

 

 

192,713

 

 

 

388,017

 

 

 

322,597

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total net sales

 

$

1,227,272

 

 

$

1,169,291

 

 

$

2,299,336

 

 

$

2,034,993

 

 

Disaggregation of Revenue from Contracts with Customers

The following table represents a disaggregation of revenue from contracts with customers:

 

 

 

Second Quarter

 

 

First Half

 

(in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Point in time net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonalcoholic - point in time

 

$

1,190,352

 

 

$

1,141,481

 

 

$

2,229,467

 

 

$

1,982,140

 

Total point in time net sales

 

$

1,190,352

 

 

$

1,141,481

 

 

$

2,229,467

 

 

$

1,982,140

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Over time net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonalcoholic - over time

 

$

9,199

 

 

$

8,310

 

 

$

17,813

 

 

$

15,596

 

Other - over time

 

 

27,721

 

 

 

19,500

 

 

 

52,056

 

 

 

37,257

 

Total over time net sales

 

$

36,920

 

 

$

27,810

 

 

$

69,869

 

 

$

52,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total net sales

 

$

1,227,272

 

 

$

1,169,291

 

 

$

2,299,336

 

 

$

2,034,993