Segmented Information

6 Months Ended

Jun. 29, 2019

Segment Reporting [Abstract]

Segmented Information [Text Block]

16. Segmented Information

The composition of the Company’s reportable segments is as follows:

• Global Ingredients aggregates the Company’s North American-based sunflower and roasted snack operations and international organic ingredients operations. Global Ingredients included the operations of the specialty and organic soy and corn business that was sold in first quarter of 2019 (see note 4).

• Consumer Products consists of three main commercial platforms: Healthy Beverages, Healthy Fruit and Healthy Snacks. Healthy Beverages includes aseptically-packaged products including non-dairy plant-based beverages, broths and teas; refrigerated premium juices; and shelf-stable juices and functional waters. Healthy Fruit includes IQF fruits for retail; IQF and bulk frozen fruit for foodservice; and custom fruit preparations for industrial use. Healthy Snacks is focused on fruit snack offerings and included the ending contribution from the exited flexible resealable pouch and nutrition bar product lines in the first quarter of 2018.

In addition, Corporate Services provides a variety of management, financial, information technology, treasury and administration services to each of the Company’s operating segments from the Company’s headquarters in Mississauga, Ontario and administrative office in Edina, Minnesota.

When reviewing the operating results of the Company’s operating segments, management uses segment revenues from external customers and segment operating income/loss to assess performance and allocate resources. Segment operating income/loss excludes other income/expense items. In addition, interest expense and income taxes are not allocated to the operating segments.

				Quarter ended
				June 29, 2019
	Global	Consumer
	Ingredients	Products		Consolidated
	$	$		$
Segment revenues from external customers	117,007	175,997		293,004
Segment operating income (loss)	3,345	(1,213	)	2,132
Corporate Services				(4,669	)
Other expense, net (see note 12)				(445	)
Interest expense, net				(8,254	)
Loss before income taxes				(11,236	)

			Quarter ended
			June 30, 2018
	Global	Consumer
	Ingredients	Products	Consolidated
	$	$	$
Segment revenues from external customers	146,685	172,623	319,308
Segment operating income	2,965	4,762	7,727
Corporate Services			(3,086	)
Other expense, net (see note 12)			(583	)
Interest expense, net			(8,474	)
Loss before income taxes			(4,416	)

		Two quarters ended
				June 29, 2019
	Global	Consumer
	Ingredients	Products		Consolidated
	$	$		$
Segment revenues from external customers	245,050	353,229		598,279
Segment operating income	8,068	( 2,551	)	5,517
Corporate Services				( 7,734	)
Other income, net (see note 12)				43,067
Interest expense, net				( 16,993	)
Earnings before income taxes				23,857

			Two quarters ended
				June 30, 2018
	Global		Consumer
	Ingredients		Products	Consolidated
		$	$	$
Segment revenues from external customers	283,016		348,944	631,960
Segment operating income	6,067		8,078	14,145
Corporate Services				( 7,841	)
Other expense, net (see note 12)				( 181	)
Interest expense, net				( 16,694	)
Loss before income taxes				( 10,571	)