Segments (Tables)

6 Months Ended

Jul. 03, 2016

Segment Reporting [Abstract]

Summary of Financial Information by Reportable Segment

The Company’s results for its two reportable segments are as follows:

	Second Quarter						First Half
In Thousands	2016			2015			2016			2015
Net Sales:
Nonalcoholic Beverages	$	817,880		$	599,607		$	1,424,808		$	1,041,290
All Other		58,397			40,693			104,106			74,508
Eliminations*		(35,893	)		(25,617	)		(63,074	)		(47,862	)
Consolidated net sales	$	840,384		$	614,683		$	1,465,840		$	1,067,936
Operating Income:
Nonalcoholic Beverages	$	52,878		$	37,061		$	63,846		$	52,392
All Other		1,858			1,255			3,291			2,826
Consolidated operating income	$	54,736		$	38,316		$	67,137		$	55,218
Depreciation and Amortization:
Nonalcoholic Beverages	$	26,298		$	18,638		$	49,206		$	35,343
All Other		1,642			1,079			3,123			2,031
Consolidated depreciation and amortization	$	27,940		$	19,717		$	52,329		$	37,374
Capital Expenditures:
Nonalcoholic Beverages	$	35,832		$	26,226		$	60,826		$	45,478
All Other		7,221			2,334			13,879			9,474
Consolidated capital expenditures	$	43,053		$	28,560		$	74,705		$	54,952

In Thousands	July 3, 2016			January 3, 2016			June 28, 2015
Total Assets:
Nonalcoholic Beverages	$	2,155,339		$	1,804,084		$	1,656,957
All Other		96,133			75,842			58,535
Eliminations*		(5,722	)		(33,361	)		(7,250	)
Consolidated total assets	$	2,245,750		$	1,846,565		$	1,708,242

*NOTE: The entire net sales elimination for each year presented represents 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

Net sales by product category were as follows:

	Second Quarter				First Half
In Thousands	2016		2015		2016		2015
Bottle/can sales*:
Sparkling beverages (carbonated)	$	464,859	$	345,871	$	816,925	$	624,393
Still beverages (noncarbonated, including energy products)		246,371		162,088		413,165		251,973
Total bottle/can sales		711,230		507,959		1,230,090		876,366
Other sales:
Sales to other Coca-Cola bottlers		61,045		48,560		111,255		86,406
Post-mix and other		68,109		58,164		124,495		105,164
Total other sales		129,154		106,724		235,750		191,570
Total net sales	$	840,384	$	614,683	$	1,465,840	$	1,067,936

*NOTE:  In Q2 2016, energy products were moved from the category of sparkling beverages to still beverages, which has been reflected in all periods presented.  Total bottle/can sales remain unchanged in prior periods.