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Business Information
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Business Information

24.

BUSINESS INFORMATION

The Company’s consolidated results represents its one business segment based on how the Company’s chief operating decision maker—the Chief Executive Officer—views the business for purposes of evaluating performance and making operating decisions.

The Company markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. The Company uses a centralized management structure, and its strategies and initiatives are implemented and executed consistently across the organization to maximize value to the organization as a whole. The Company uses shared resources for sales, procurement, and general and administrative activities across each of its distribution centers and operations. The Company’s distribution centers form a single network to reach its customers; it is common for a single customer to make purchases from several different distribution centers. Capital projects—whether for cost savings or generating incremental revenue—are evaluated based on estimated economic returns to the organization as a whole—e.g. net present value, return on investment.

The following table presents the sales mix for the Company’s principal product categories for the last three fiscal years:

 

 

 

2016

 

 

2015

 

 

2014

 

Meats and seafood

 

$

8,120,738

 

 

$

8,391,997

 

 

$

8,326,191

 

Dry grocery products

 

 

4,127,013

 

 

 

4,123,584

 

 

 

4,152,682

 

Refrigerated and frozen grocery products

 

 

3,653,037

 

 

 

3,582,517

 

 

 

3,463,411

 

Dairy

 

 

2,380,112

 

 

 

2,457,516

 

 

 

2,555,362

 

Equipment, disposables and supplies

 

 

2,165,744

 

 

 

2,171,006

 

 

 

2,132,044

 

Beverage products

 

 

1,267,723

 

 

 

1,279,201

 

 

 

1,263,965

 

Produce

 

 

1,204,441

 

 

 

1,121,711

 

 

 

1,126,146

 

 

 

$

22,918,808

 

 

$

23,127,532

 

 

$

23,019,801

 

 

No single customer accounted for more than 4% of the Company’s consolidated Net sales for fiscal years 2016, 2015 and 2014. However, customers purchasing through one group purchasing organization accounted for approximately 12%, of consolidated Net sales in fiscal years 2016, 2015 and 2014, respectively.