Segment Reporting

9 Months Ended

Oct. 08, 2011

Segment Reporting

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Note 12 – Segment Reporting

                We sell and distribute products that are typically found in supermarkets and operate three reportable operating segments.  The military segment consists of seven distribution centers that distribute products to military commissaries and exchanges and one shared facility which services both military and independent food distribution customers.  During fiscal 2010, our military distribution centers in Columbus, Georgia and Bloomington, Indiana became operational.  Excluded from the military distribution center total are two adjacent military distribution centers we purchased during the third quarter of fiscal 2010 in Oklahoma City, Oklahoma, which are scheduled to become operational during fiscal 2012.  Our food distribution segment consists of 14 distribution centers that sell to independently operated retail grocery stores, our corporate owned stores and other customers.  The retail segment consists of 46 corporate-owned stores that sell directly to the consumer. 

                During fiscal 2009 and fiscal 2010, we acquired facilities in Columbus, Georgia, Bloomington, Indiana and Oklahoma City, Oklahoma for expansion of our military distribution business.  We have historically serviced military commissaries and exchanges outside of the military segment’s distribution network through distribution centers that are included in our food distribution segment.  The revenue and segment profit associated with this business had previously been reported in the food distribution segment.  We are currently in the process of transitioning the military business serviced by the food distribution segment to military distribution facilities and are scheduled to have all of the business transitioned during fiscal 2012.  Accordingly, we revised our segment reporting during the fourth quarter of fiscal 2010 to include this business in our military segment, which impacts quarterly amounts previously reported during fiscal 2010.  This revision had no impact on our consolidated financial statements in any period presented.

                Certain prior year amounts shown below have been revised to conform to the current year presentation. 

			Year-to-date
	3rd Quarter 2010		3rd Quarter 2010
(In thousands)	As adjusted	As reported	As adjusted	As reported
Segment revenue:
Military	$       699,655	620,822	1,755,074	1,555,407
Food Distribution	652,670	731,503	1,689,844	1,889,511
Retail	158,556	158,556	400,273	400,273
Total revenue	$    1,510,881	1,510,881	3,845,191	3,845,191
Segment profit:
Military	$         14,270	12,822	39,851	36,157
Food Distribution	11,666	12,848	24,206	27,228
Retail	2,558	2,824	4,768	5,440
Total segment profit	$         28,494	28,494	68,825	68,825

                A summary of the major segments of the business is as follows:

		Third Quarter Ended
		October 8, 2011			October 9, 2010
(In thousands)		Sales from external customers	Inter-segment sales	Segment profit	Sales from external customers	Inter-segment sales	Segment profit
Military	$	709,720	-	14,666	699,655	-	14,268
Food Distribution		620,118	72,358	6,177	652,670	78,439	11,665
Retail		141,519	-	1,790	158,556	-	2,559
Eliminations		-	(72,358)	-	-	(78,439)	-
Total	$	1,471,357	-	22,633	1,510,881	-	28,492

		Year-to-Date Ended
		October 8, 2011			October 9, 2010
(In thousands)		Sales from external customers	Inter-segment sales	Segment profit	Sales from external customers	Inter-segment sales	Segment profit
Military	$	1,776,301	-	38,098	1,755,074	-	39,850
Food Distribution		1,529,890	182,593	19,731	1,689,844	198,092	24,205
Retail		364,550	-	2,934	400,273	-	4,769
Eliminations		-	(182,593)	-	-	(198,092)	-
Total	$	3,670,741	-	60,763	3,845,191	-	68,824

Reconciliation to Consolidated Statements of Income:
		Third Quarter Ended		Year-to-Date Ended
		October 8,	October 9,	October 8,	October 9,
(In thousands)		2011	2010	2011	2010
Total segment profit	$	22,633	28,492	60,763	68,824
Unallocated amounts:
Interest		(5,896)	(5,662)	(15,042)	(14,698)
Earnings before income taxes	$	16,737	22,830	45,721	54,126