Recent Accounting Pronouncements (Tables)

9 Months Ended

Oct. 06, 2018

Revisions to Applicable Condensed Consolidated Statements of Cash Flows Line Item to correct the errors

The table below presents the revisions to the applicable Condensed Consolidated Statements of Cash Flows line item to correct the errors for the forty weeks ended October 7, 2017 (amounts in thousands):

	Condensed Consolidated Statements of Cash Flows
	For the Forty Weeks Ended October 7, 2017
Impacted Condensed Consolidated Statements of Cash Flows Line Item	AsPreviously Reported			Revisions			AsRevised
Other assets	$	(29,833	)	$	15,438		$	(14,395	)
Other accrued liabilities	$	24,786		$	28,234		$	53,020
Net cash provided by operating activities	$	211,252		$	12,774		$	224,026
Repurchase of independent distributor territories	$	(11,187	)	$	5,321		$	(5,866	)
Cash paid at issuance of notes receivable	$	—		$	(19,102	)	$	(19,102	)
Other investing activities	$	523		$	1,007		$	1,530
Net cash provided by investing activities	$	(30	)	$	(12,774	)	$	(12,804	)

Summary of Reclassification of Tax Effects to Retained Earnings from AOCI

The table below presents the impact of this reclassification on December 31, 2017 (amounts in thousands) (positive value denotes a debit balance):

	Impacted Line Item (Dr (Cr))
	Retained Earnings			AOCI
Pension and postretirement plans		(17,097	)		17,097
Hedged financial instruments		(1,709	)		1,709
Total reclassification of stranded income tax effects to retained earnings from AOCI	$	(18,806	)	$	18,806

Accounting Standards Update 2017-07

Revisions to Applicable Condensed Consolidated Statements of Cash Flows Line Item to correct the errors

The impact (including defined benefit and postretirement plans) for the twelve and forty weeks ended October 7, 2017 is presented in the table below (amounts in thousands):

	For the Twelve Weeks Ended
	Previously Filed			Post-adoption
	October 7, 2017			October 7, 2017
Materials, supplies, labor and other production costs (exclusive of depreciation and    amortization shown separately)	$	476,170		$	476,264
Selling, distribution and administrative expenses	$	355,599		$	356,826
Loss from operations	$	(53,766	)	$	(52,057	)
Other components of net periodic pension and postretirement benefits credit	$	—		$	(1,321	)
	For the Forty Weeks Ended
	Previously Filed			Post-adoption
	October 7, 2017			October 7, 2017
Materials, supplies, labor and other production costs (exclusive of depreciation and    amortization shown separately)	$	1,552,263		$	1,552,578
Selling, distribution and administrative expenses	$	1,171,062		$	1,175,434
Income from operations	$	116,525		$	114,868
Other components of net periodic pension and postretirement benefits credit	$	—		$	(4,687	)