Commitments and Contingencies (Tables)

12 Months Ended

Jan. 01, 2017

Commitments And Contingencies Disclosure [Abstract]

Summary of Future Minimum Lease Payments Including Renewal Options for all Noncancellable Operating Leases and Capital Leases

The following is a summary of future minimum lease payments, including renewal options the Company has determined to be reasonably assured, for all noncancellable operating leases and capital leases as of January 1, 2017:

(in thousands)	CapitalLeases		Operating Leases		Total
2017	$	10,495	$	11,141	$	21,636
2018		10,421		9,211		19,632
2019		10,149		8,371		18,520
2020		10,328		8,432		18,760
2021		5,933		8,074		14,007
Thereafter		12,081		32,805		44,886
Total minimum lease payments including interest	$	59,407	$	78,034	$	137,441
Less:  Amounts representing interest		10,686
Present value of minimum lease principal payments		48,721
Less:  Current portion of principal payment obligations under capital leases		7,527
Long-term portion of principal payment obligations under capital leases	$	41,194

Summary of Purchases from Manufacturing Cooperatives

The Company has an equity ownership in both SAC and Southeastern. Following is a summary of purchases from these manufacturing cooperatives:

	Fiscal Year
(in thousands)	2016		2015		2014
Purchases from SAC	$	149,878	$	144,511	$	132,635
Purchases from Southeastern		80,123		63,257		67,966
Total purchases from manufacturing cooperatives	$	230,001	$	207,768	$	200,601

Summary of Guaranteed Debt and Maximum Exposure under Guarantees

The amounts guaranteed were as follows:

(in thousands)	January 1, 2017		January 3, 2016
Guaranteed portion of debt - SAC	$	23,297	$	19,057
Guaranteed portion of debt - Southeastern		9,277		11,467
Total guaranteed portion of debt - manufacturing cooperatives	$	32,574	$	30,524

The following table summarizes the Company’s maximum exposure under these guarantees if these cooperatives had borrowed up to their aggregate borrowing capacity:

	January 1, 2017
(in thousands)	South Atlantic Canners, Inc.		Southeastern Container		Total Manufacturing Cooperatives
Maximum guaranteed debt	$	23,938	$	25,251	$	49,189
Equity investments*		4,102		17,501		21,603
Maximum total exposure, including equity investments	$	28,040	$	42,752	$	70,792

NOTE: Recorded in other assets on the Company’s consolidated balance sheets using the equity method.

Summary of Cooperatives Financial Results

Following is a summary of the cooperatives’ 2016 financial results:

(in thousands)	South Atlantic Canners, Inc.		Southeastern Container
Total assets	$	53,417	$	279,830
Total debt		23,109		111,202
Total revenues		204,144		527,609