Business Information

12 Months Ended

Dec. 30, 2017

24.	BUSINESS INFORMATION

The Company’s consolidated results represents the results of 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.

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

	2017		2016		2015
Meats and seafood	$	8,692,213	$	8,120,738	$	8,391,997
Dry grocery products		4,266,200		4,127,013		4,123,584
Refrigerated and frozen grocery products		3,798,737		3,653,037		3,582,517
Dairy		2,533,207		2,380,112		2,457,516
Equipment, disposables and supplies		2,243,243		2,165,744		2,171,006
Beverage products		1,306,347		1,267,723		1,279,201
Produce		1,307,214		1,204,441		1,121,711
	$	24,147,161	$	22,918,808	$	23,127,532

No single customer accounted for more than 3% of the Company’s consolidated net sales for fiscal years 2017, 2016 and 2015. However, customers purchasing through one group purchasing organization accounted for approximately 13% of consolidated net sales in fiscal year 2017, and 12% of consolidated net sales in fiscal years 2016 and 2015.