Segments (Tables)

3 Months Ended

Mar. 29, 2020

Segment Reporting [Abstract]

Summary of Financial Information by Segment

The Company’s segment results are as follows:

	First Quarter
(in thousands)	2020		2019
Net sales:
Nonalcoholic Beverages	$	1,142,581	$	1,072,227
All Other	81,301		87,915
Eliminations(1)	(50,861)		(57,230)
Consolidated net sales	$	1,173,021	$	1,102,912
Income from operations:
Nonalcoholic Beverages	$	35,617	$	14,641
All Other	(2,796)		5,513
Consolidated income from operations	$	32,821	$	20,154
Depreciation and amortization:
Nonalcoholic Beverages	$	40,758	$	43,351
All Other	2,801		2,421
Consolidated depreciation and amortization	$	43,559	$	45,772

⁽¹⁾The entire net sales elimination for each period presented represents net sales from the All Other segment to the Nonalcoholic Beverages segment. Sales between these segments are recognized at either fair market value or cost depending on the nature of the transaction.