BUSINESS SEGMENTS

The Company has several operating divisions aggregated under the wholesale segment, which is the Company’s only reportable segment. These operating divisions have similar products and services, customer channels, distribution methods and historical margins. The wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada. The Company has additional operating divisions that do not meet the quantitative thresholds for reportable segments and are therefore aggregated under the caption of “Other.” “Other” includes a retail division, which engages in the sale of natural foods and related products to the general public through retail storefronts on the east coast of the United States, a manufacturing division, which engages in the importing, roasting, packaging, and distributing of nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items and confections, the Company’s branded product lines, and the Company's brokerage business, which markets various products on behalf of food vendors directly and exclusively to the Company's customers. “Other” also includes certain corporate operating expenses that are not allocated to operating divisions, which include, among other expenses, stock based compensation, and salaries, retainers, and other related expenses of certain officers and all directors. Non-operating expenses that are not allocated to the operating divisions are under the caption of “Unallocated (Income)/Expenses.” The Company does not record its revenues for financial reporting purposes by product group, and it is therefore impracticable for the Company to report them accordingly.

The following table reflects business segment information for the periods indicated (in thousands):



	Wholesale		Other			Eliminations			Unallocated (Income)/Expenses			Consolidated
13-Week Period Ended January 27, 2018:
Net sales	$	2,514,670	$	55,493		$	(42,152	)	$	—		$	2,528,011
Restructuring and asset impairment expenses	67		11,175			—			—			11,242
Operating income (loss)	53,941		(16,549		)	2,812			—			40,204
Interest expense	—		—			—			4,233			4,233
Interest income	—		—			—			(96		)	(96		)
Other, net	—		—			—			(418		)	(418		)
Income before income taxes												36,485
Depreciation and amortization	21,437		370			—			—			21,807
Capital expenditures	9,426		852			—			—			10,278
Goodwill	353,688		10,153			—			—			363,841
Total assets	2,909,175		183,180			(42,675		)	—			3,049,680

13-Week Period Ended January 28, 2017:
Net sales	$	2,271,289	$	51,377		$	(37,148	)	$	—		$	2,285,518
Operating income (loss)	52,562		(6,518		)	227			—			46,271
Interest expense	—		—			—			4,441			4,441
Interest income	—		—			—			(97		)	(97		)
Other, net	—		—			—			(101		)	(101		)
Income before income taxes												42,028
Depreciation and amortization	20,587		656			—			—			21,243
Capital expenditures	12,374		1,102			—			—			13,476
Goodwill	352,369		18,024			—			—			370,393
Total assets	2,677,578		220,598			(28,173		)	—			2,870,003



	Wholesale		Other			Eliminations			Unallocated (Income)/Expenses			Consolidated
26-Week Period Ended January 27, 2018:
Net sales	$	4,959,328	$	112,925		$	(86,697	)	$	—		$	4,985,556
Restructuring and asset impairment expenses	67		11,175			—			—			11,242
Operating income (loss)	113,897		(21,140		)	2,554			—			95,311
Interest expense	—		—			—			7,900			7,900
Interest income	—		—			—			(187		)	(187		)
Other, net	—		—			—			(1,281		)	(1,281		)
Income before income taxes												88,879
Depreciation and amortization	42,976		1,273			—			—			44,249
Capital expenditures	13,607		1,928			—			—			15,535
Goodwill	353,688		10,153			—			—			363,841
Total assets	2,909,175		183,180			(42,675		)	—			3,049,680

26-Week Period Ended January 28, 2017:
Net sales	$	4,532,189	$	109,117		$	(77,424	)	$	—		$	4,563,882
Operating income (loss)	111,225		(11,686		)	71			—			99,610
Interest expense	—		—			—			8,963			8,963
Interest income	—		—			—			(196		)	(196		)
Other, net	—		—			—			282			282
Income before income taxes												90,561
Depreciation and amortization	41,278		1,180			—			—			42,458
Capital expenditures	20,729		1,945			—			—			22,674
Goodwill	352,369		18,024			—			—			370,393
Total assets	2,677,578		220,598			(28,173		)	—			2,870,003