XML 36 R14.htm IDEA: XBRL DOCUMENT v3.6.0.2
Notes Receivable
12 Months Ended
Dec. 31, 2016
Receivables [Abstract]  
Notes Receivable

 

Note 5.

Notes Receivable

The company provides direct financing to certain independent distributors for the purchase of the independent distributors’ distribution rights and records the notes receivable on the Consolidated Balance Sheets. The distribution rights are financed for up to ten years. During fiscal years 2016, 2015, and 2014 the following amounts were recorded as interest income relating to these notes receivable (amounts in thousands):

 

 

 

Interest income

 

Fiscal 2016

 

$

20,552

 

Fiscal 2015

 

$

21,967

 

Fiscal 2014

 

$

20,947

 

 

The notes receivable are collateralized by the independent distributors’ distribution rights. Additional details are included in Note 14, Fair Value of Financial Instruments.