Distribution Agreements, Net (Tables) - Distribution Agreements [Member]

9 Months Ended

Oct. 01, 2017

Other Identifiable Intangible Assets Net

Distribution agreements, net, which have an estimated useful life of 20 to 40 years, consisted of the following:

(in thousands)	October 1, 2017		January 1, 2017
Distribution agreements at cost	$	812,370	$	242,486
Less: Balance held for sale		63,321		-
Less: Accumulated amortization		19,272		7,498
Distribution agreements, net	$	729,777	$	234,988

Reconciliation of Activity for Other Identifiable Intangible Assets Net

A reconciliation of the activity for distribution agreements, net for the first three quarters of 2017 and the first three quarters of 2016 is as follows:

	First Three Quarters
(in thousands)	2017			2016
Beginning balance - distribution agreements, net	$	234,988		$	129,786
Expansion Transactions		36,800			22,750
Conversion to distribution rights from franchise rights		533,040			-
Other distribution agreements		44			1,696
Additional accumulated amortization		(11,774	)		(2,899	)
Balance held for sale		(63,321	)		-
Ending balance - distribution agreements, net	$	729,777		$	151,333