Segments (Tables)

3 Months Ended

Apr. 02, 2021

Segment Reporting [Abstract]

Summary of Financial Information by Segment

The Company’s segment results are as follows:

	First Quarter
(in thousands)	2021		2020
Net sales:
Nonalcoholic Beverages	$	1,235,090	$	1,142,581
All Other	89,949		81,301
Eliminations(1)	(55,182)		(50,861)
Consolidated net sales	$	1,269,857	$	1,173,021

	First Quarter
(in thousands)	2021		2020
Income from operations:
Nonalcoholic Beverages	$	95,042	$	35,617
All Other	(858)		(2,796)
Consolidated income from operations	$	94,184	$	32,821
Depreciation and amortization:
Nonalcoholic Beverages	$	40,551	$	40,758
All Other	2,975		2,801
Consolidated depreciation and amortization	$	43,526	$	43,559

(1)The entire net sales elimination 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.