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Distribution Agreements, Net (Tables) - Distribution Agreements [Member]
3 Months Ended
Mar. 31, 2019
Other Identifiable Intangible Assets Net

Distribution agreements, net, which are amortized on a straight-line basis and have an estimated useful life of 10 to 40 years, consisted of the following:

 

(in thousands)

 

March 31, 2019

 

 

December 30, 2018

 

Distribution agreements at cost

 

$

950,549

 

 

$

950,559

 

Less: Accumulated amortization

 

 

(56,280

)

 

 

(50,176

)

Distribution agreements, net

 

$

894,269

 

 

$

900,383

 

Reconciliation of Activity for Other Identifiable Intangible Assets Net

A reconciliation of the activity for distribution agreements, net for the first quarter of 2019 and the first quarter of 2018 is as follows:

 

 

 

First Quarter

 

(in thousands)

 

2019

 

 

2018

 

Beginning balance - distribution agreements, net

 

$

900,383

 

 

$

913,352

 

Other distribution agreements

 

 

(10

)

 

 

-

 

Additional accumulated amortization

 

 

(6,104

)

 

 

(5,952

)

Ending balance - distribution agreements, net

 

$

894,269

 

 

$

907,400