Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 28, 2019

Sales by Sales Channel Category

Sales by sales channel category are as follows for fiscal years 2019, 2018, and 2017 (amounts in thousands):

	Fiscal 2019		Fiscal 2018		Fiscal 2017
	Total		Total		Total
Branded retail	$	2,481,835	$	2,346,944	$	2,307,836
Store branded retail		645,091		586,661		579,006
Non-retail and other		997,048		1,018,247		1,033,891
Total	$	4,123,974	$	3,951,852	$	3,920,733

Allowance for Doubtful Accounts Activity

Activity in the allowance for doubtful accounts is as follows (amounts in thousands):

	Beginning Balance		Charged to Expense		Write-Offs and Other		Ending Balance
Fiscal 2019	$	5,751	$	11,034	$	7,312	$	9,473
Fiscal 2018	$	3,154	$	6,963	$	4,366	$	5,751
Fiscal 2017	$	1,703	$	4,215	$	2,764	$	3,154

Weighted Percentage of Sales from Largest Customers

Our largest customer’s, Walmart/Sam’s Club, weighted percent of sales for fiscal years 2019, 2018, and 2017 was as follows:

	Percent of Sales
Fiscal 2019		21.1	%
Fiscal 2018		20.3	%
Fiscal 2017		20.0	%

Estimated Useful Lives by Property Plant and Equipment Class

The table below presents the range of estimated useful lives by property, plant and equipment class.

	Useful life term (years)
Asset Class	Low	High
Buildings	10	40
Machinery and equipment	3	25
Furniture, fixtures and transportation equipment	3	15

Schedule of Depreciation Expense

Depreciation expense, excluding amortization of right-of-use financing leases, for fiscal years 2019, 2018, and 2017 was as follows (amounts in thousands):

	Depreciation expense
Fiscal 2019	$	107,891
Fiscal 2018	$	118,232
Fiscal 2017	$	119,445

Schedule of Total Impairments and Line Item Recorded in Our Consolidated Statements of Income

Total impairments, and the line item to which each item is recorded in our Consolidated Statements of Income, are presented below (amounts in thousands):

Impairment of assets line item	Fiscal 2019		Fiscal 2018		Fiscal 2017
Property, plant and equipment	$	—	$	3,516	$	—
Notes receivable (Note 12)		—		2,483		—
Impairment of assets	$	—	$	5,999	$	—
Restructuring and related impairment charges line item	Fiscal 2019		Fiscal 2018		Fiscal 2017
Plant closings	$	5,133	$	3,156	$	3,354
Line closings		356		661		—
Spare parts		174		238		—
Impairment of assets	$	5,663	$	4,055	$	3,354

Inventory Valuation Reserve

Summary of Valuation Allowance

Activity in the inventory reserve allowance is as follows (amounts in thousands):

	Beginning Balance		Charged to Expense		Write-Offs and Other		Ending Balance
Fiscal 2019	$	143	$	337	$	319	$	161
Fiscal 2018	$	673	$	740	$	1,270	$	143
Fiscal 2017	$	1,090	$	1,684	$	2,101	$	673

Valuation Allowance of Deferred Tax Assets

Summary of Valuation Allowance

The deductions column in the table below presents the amounts reduced in the deferred tax asset valuation allowance that were recorded to, and included as part of, deferred tax expense. The additions column represents amounts that increased the allowance.

Activity in the deferred tax asset valuation allowance is as follows (amounts in thousands):

	Beginning Balance		Deductions		Additions		Ending Balance
Fiscal 2019	$	364	$	—	$	339	$	703
Fiscal 2018	$	111	$	—	$	253	$	364
Fiscal 2017	$	18	$	—	$	93	$	111