20. Segments

The Company evaluates segment reporting in accordance with the FASB Accounting Standards Codification (“ASC”) 280, Segment Reporting each reporting period, including evaluating the reporting package reviewed by the Chief Operation Decision Maker (“CODM”). The Company has concluded the Chief Executive Officer, Chief Operating Officer and Chief Financial Officer, as a group, represent the CODM. Prior to the sale of BYB, the Company believed five operating segments existed. Two operating segments, Franchised Nonalcoholic Beverages and Internally-Developed Nonalcoholic Beverages (made up entirely of BYB), have been aggregated due to their similar economic characteristics as well as the similarity of products, production processes, types of customers, methods of distribution, and nature of the regulatory environment. This combined segment, Nonalcoholic Beverages, represents the vast majority of the Company’s consolidated revenues, operating income, and assets. After the sale of BYB, the Company believes four operating segments exist. The remaining three operating segments do not meet the quantitative thresholds for separate reporting, either individually or in the aggregate. As a result, these three operating segments have been combined into an “All Other” reportable segment.

The Company’s segment results are as follows:

	First Quarter
In Thousands	2016			2015
Net Sales:
Nonalcoholic Beverages	$	606,928		$	441,683
All Other		45,709			33,815
Eliminations*		(27,181	)		(22,245	)
Consolidated	$	625,456		$	453,253

Operating Income:
Nonalcoholic Beverages	$	10,968		$	15,331
All Other		1,433			1,571
Consolidated	$	12,401		$	16,902

Depreciation and Amortization:
Nonalcoholic Beverages	$	22,908		$	16,705
All Other		1,481			952
Consolidated	$	24,389		$	17,657

Capital Expenditures:
Nonalcoholic Beverages	$	24,994		$	19,252
All Other		6,658			7,140
Consolidated	$	31,652		$	26,392

	Apr. 3,			Mar. 29			Jan. 3,
	2016			2015			2016
Total Assets:
Nonalcoholic Beverages	$	1,941,680		$	1,523,154		$	1,804,084
All Other		88,306			54,522			75,842
Eliminations		(6,123	)		(7,052	)		(33,361	)
Consolidated	$	2,023,863		$	1,570,624		$	1,846,565

*NOTE: The entire net sales elimination for each year presented represent net sales from the All Other segment to the Nonalcoholic Beverages segment. Sales between these segments are either recognized at fair market value or cost depending on the nature of the transaction.

Net sales by product category were as follows:

	First Quarter
In Thousands	2016		2015
Bottle/can sales:
Sparkling beverages (including energy products)	$	411,137	$	297,819
Still beverages		107,723		70,588
Total bottle/can sales		518,860		368,407

Other sales:
Sales to other Coca-Cola bottlers		50,210		37,846
Post-mix and other		56,386		47,000
Total other sales		106,596		84,846

Total net sales	$	625,456	$	453,253

Sparkling beverages are carbonated beverages and energy products and still beverages are noncarbonated beverages.