XML 44 R33.htm IDEA: XBRL DOCUMENT v3.10.0.1
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 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:

 

 

 

Third Quarter

 

 

First Three Quarters

 

(in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Bottle/can sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sparkling beverages (carbonated)

 

$

605,614

 

 

$

582,710

 

 

$

1,787,451

 

 

$

1,670,093

 

Still beverages (noncarbonated, including energy products)

 

 

413,282

 

 

 

384,495

 

 

 

1,142,764

 

 

 

1,009,508

 

Total bottle/can sales

 

 

1,018,896

 

 

 

967,205

 

 

 

2,930,215

 

 

 

2,679,601

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales to other Coca-Cola bottlers

 

 

92,139

 

 

 

104,619

 

 

 

300,819

 

 

 

274,317

 

Post-mix and other

 

 

100,626

 

 

 

90,702

 

 

 

279,963

 

 

 

243,601

 

Total other sales

 

 

192,765

 

 

 

195,321

 

 

 

580,782

 

 

 

517,918

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total net sales

 

$

1,211,661

 

 

$

1,162,526

 

 

$

3,510,997

 

 

$

3,197,519

 

 

Disaggregation of Revenue from Contracts with Customers

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

 

 

 

Third Quarter

 

 

First Three Quarters

 

(in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Point in time net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonalcoholic - point in time

 

$

1,168,276

 

 

$

1,132,181

 

 

$

3,394,253

 

 

$

3,112,777

 

Total point in time net sales

 

$

1,168,276

 

 

$

1,132,181

 

 

$

3,394,253

 

 

$

3,112,777

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Over time net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nonalcoholic - over time

 

$

11,936

 

 

$

10,057

 

 

$

33,239

 

 

$

27,197

 

Other - over time

 

 

31,449

 

 

 

20,288

 

 

 

83,505

 

 

 

57,545

 

Total over time net sales

 

$

43,385

 

 

$

30,345

 

 

$

116,744

 

 

$

84,742

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total net sales

 

$

1,211,661

 

 

$

1,162,526

 

 

$

3,510,997

 

 

$

3,197,519