Other Identifiable Intangible Assets Net (Tables)

6 Months Ended

Jul. 02, 2017

Goodwill And Intangible Assets Disclosure [Abstract]

Other Identifiable Intangible Assets Net

Other identifiable intangible assets consisted of the following:

	July 2, 2017
(in thousands)	Cost		Accumulated Amortization		Total, net		Estimated Useful Lives
Distribution agreements	$	812,370	$	14,166	$	798,204	20-40 years
Customer lists and other identifiable intangible assets		19,738		6,132		13,606	12-20 years
Total other identifiable intangible assets	$	832,108	$	20,298	$	811,810

	January 1, 2017
(in thousands)	Cost		Accumulated Amortization		Total, net		Estimated Useful Lives
Distribution agreements	$	242,486	$	7,498	$	234,988	20-40 years
Customer lists and other identifiable intangible assets		15,938		5,511		10,427	12-20 years
Total other identifiable intangible assets	$	258,424	$	13,009	$	245,415

Reconciliation of Activity for Other Identifiable Intangible Assets Net

A reconciliation of the activity for other identifiable intangible assets for the first half of 2017 and the first half of 2016 is as follows:

(in thousands)	Distribution Agreements			Customer Lists and Other Identifiable Intangible Assets			Total Other Identifiable Intangible Assets
Balance on January 1, 2017	$	234,988		$	10,427		$	245,415
YTD 2017 Expansion Transactions		36,800			3,800			40,600
Conversion to distribution rights from franchise rights		533,040			-			533,040
Other distribution agreements		44			-			44
Additional accumulated amortization		(6,668	)		(621	)		(7,289	)
Balance on July 2, 2017	$	798,204		$	13,606		$	811,810
Balance on January 3, 2016	$	129,786		$	6,662		$	136,448
Q1 and Q2 2016 Expansion Transactions		22,750			2,000			24,750
Measurement period adjustment and other distribution agreements		1,696			-			1,696
Additional accumulated amortization		(2,050	)		(377	)		(2,427	)
Balance on July 3, 2016	$	152,182		$	8,285		$	160,467