Business Segment Information (Tables)

12 Months Ended

Jun. 30, 2019

Disaggregation Of Net Sales By Class Of Similar Products

The following table sets forth net sales disaggregated by class of similar products for the Retail and Foodservice segments in each of the years ended June 30:



	2019		2018		2017
Retail
Frozen breads	$	259,290	$	252,186	$	253,965
Refrigerated dressings, dips and other	219,614		226,276		221,422
Shelf-stable dressings and croutons	177,717		171,772		166,030
Total Retail net sales	$	656,621	$	650,234	$	641,417
Foodservice
Dressings and sauces	$	467,364	$	430,944	$	427,017
Frozen breads and other	164,438		141,747		133,408
Other roll products	19,364		—		—
Total Foodservice net sales	$	651,166	$	572,691	$	560,425
Total net sales	$	1,307,787	$	1,222,925	$	1,201,842

Disaggregation Of Foodservice Net Sales By Type Of Customer

The following table provides an additional disaggregation of Foodservice net sales by type of customer:



	2019		2018		2017
Foodservice
National accounts	$	480,249	$	430,680	$	421,858
Branded and other	151,553		142,011		138,567
Other roll products	19,364		—		—
Total Foodservice net sales	$	651,166	$	572,691	$	560,425

Summary Of Financial Information Attributable To Reportable Segments

The following sets forth certain additional financial information attributable to our reportable segments, certain amounts not allocated among our reportable segments and amounts retained at the corporate level for the years ended June 30:



	2019			2018			2017
Net Sales ^{(1) (2)}
Retail	$	656,621		$	650,234		$	641,417
Foodservice	651,166			572,691			560,425
Total	$	1,307,787		$	1,222,925		$	1,201,842
Operating Income ⁽²⁾
Retail	$	135,093		$	126,400		$	138,489
Foodservice	73,828			58,440			66,234
Restructuring and Impairment Charges ⁽³⁾	(1,643		)	—			—
Multiemployer Pension Settlement and Related Costs ⁽³⁾	—			—			(17,635		)
Corporate Expenses ⁽⁴⁾	(16,354		)	(13,292		)	(12,734		)
Total	$	190,924		$	171,548		$	174,354
Identifiable Assets ^{(1) (5)}
Retail & Foodservice ⁽⁶⁾	$	695,872		$	589,509		$	577,509
Corporate	209,527			214,982			138,896
Total	$	905,399		$	804,491		$	716,405
Payments for Property Additions
Retail & Foodservice ⁽⁶⁾	$	70,880		$	31,025		$	26,031
Corporate	—			—			974
Total	$	70,880		$	31,025		$	27,005
Depreciation and Amortization
Retail & Foodservice ⁽⁶⁾	$	31,595		$	26,685		$	24,752
Corporate	253			211			154
Total	$	31,848		$	26,896		$	24,906


(1)	Net sales and long-lived assets are predominately domestic.


(2)	All intercompany transactions have been eliminated.


(3)	Restructuring and impairment charges and multiemployer pension settlement and related costs were not allocated to our two reportable segments due to their unusual nature.


(4)	Our Corporate Expenses include various expenses of a general corporate nature, ERP expenses and costs related to certain divested or closed nonfood operations. By their very nature, these costs have not been allocated to the Retail and Foodservice segments.

(5)

Retail and Foodservice identifiable assets include those assets used in our operations and other intangible assets allocated to purchased businesses. Corporate assets consist principally of cash and equivalents. The increase in Retail and Foodservice identifiable assets from June 30, 2018 to June 30, 2019 was due to the acquisitions of Bantam and Omni. The increase in Corporate identifiable assets from June 30, 2017 to June 30, 2018 was primarily due to the increase in cash and equivalents.


(6)	As discussed above, we do not present identifiable assets, payments for property additions or depreciation and amortization by reportable segment.

Net Sales To Major Customers

Retail segment net sales attributable to Walmart Inc. (“Walmart”) and Foodservice segment net sales attributable to McLane Company, Inc. (“McLane”), a wholesale distribution subsidiary of Berkshire Hathaway, Inc., for each of the years ended June 30 were as follows:



	2019			2018			2017
Net sales to Walmart	$	222,171		$	209,860		$	201,484
As a percentage of consolidated net sales	17		%	17		%	17		%
Net sales to McLane	$	195,907		$	185,226		$	198,153
As a percentage of consolidated net sales	15		%	15		%	16		%

Percentage Of Receivables Due From Major Customers

Accounts receivable attributable to Walmart and McLane at June 30 as a percentage of consolidated accounts receivable were as follows:



	2019		2018
Walmart	28	%	28	%
McLane	9	%	11	%