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Related Party Transactions (Tables)
12 Months Ended
Dec. 30, 2018
The Coca-Cola Company [Member]  
Related Party Transaction [Line Items]  
Summary of Significant Transactions between Company and The Coca-Cola Company

The following table and the subsequent descriptions summarize the significant transactions between the Company and The Coca‑Cola Company:

 

 

 

Fiscal Year

 

(in thousands)

 

2018

 

 

2017

 

 

2016

 

Payments made by the Company to The Coca-Cola Company for:

 

 

 

 

 

 

 

 

 

 

 

 

Concentrate, syrup, sweetener and other purchases

 

$

1,188,818

 

 

$

1,085,898

 

 

$

669,783

 

Customer marketing programs

 

 

145,019

 

 

 

139,542

 

 

 

116,537

 

Cold drink equipment parts

 

 

30,065

 

 

 

25,381

 

 

 

21,558

 

Glacéau distribution agreement consideration

 

 

-

 

 

 

15,598

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payments made by The Coca-Cola Company to the Company for:

 

 

 

 

 

 

 

 

 

 

 

 

Conversion of bottling agreements

 

$

-

 

 

$

91,450

 

 

$

-

 

Marketing funding support payments

 

 

86,483

 

 

 

83,177

 

 

 

73,513

 

Fountain delivery and equipment repair fees

 

 

40,023

 

 

 

35,335

 

 

 

27,624

 

Legacy Facilities Credit (excluding portion related to Mobile, Alabama facility)

 

 

1,320

 

 

 

30,647

 

 

 

-

 

Portion of Legacy Facilities Credit related to Mobile, Alabama facility

 

 

-

 

 

 

12,364

 

 

 

-

 

Facilitating the distribution of certain brands and packages to other Coca-Cola bottlers

 

 

9,683

 

 

 

10,474

 

 

 

7,193

 

Cold drink equipment

 

 

3,789

 

 

 

8,400

 

 

 

-

 

Presence marketing funding support on the Company’s behalf

 

 

8,311

 

 

 

4,843

 

 

 

2,064

 

 

CCR [Member]  
Related Party Transaction [Line Items]  
Summary of Purchases and Sales Arrangements Between Related Parties The following table summarizes purchases and sales under these arrangements between the Company and CCR prior to the closing of the October 2017 Transactions:

 

 

 

Fiscal Year

 

(in thousands)

 

2017

 

 

2016

 

Purchases from CCR

 

$

114,891

 

 

$

269,575

 

Gross sales to CCR

 

 

76,718

 

 

 

72,568

 

Sales to CCR for transporting CCR's product

 

 

2,036

 

 

 

21,940

 

Schedule of Asset Purchase and Asset Exchange Transactions for the Acquisition and Exchange of Distribution Territories and Regional Manufacturing Facilities the Company and CCR recently concluded a series of System Transformation Transactions involving several asset purchase and asset exchange transactions for the acquisition and exchange of the following distribution territories and regional manufacturing facilities:

 

Distribution Territories

 

Acquisition /

Exchange Date

Johnson City and Morristown, Tennessee

 

May 23, 2014

Knoxville, Tennessee

 

October 24, 2014

Cleveland and Cookeville, Tennessee

 

January 30, 2015

Louisville, Kentucky and Evansville, Indiana

 

February 27, 2015

Paducah and Pikeville, Kentucky

 

May 1, 2015

Lexington, Kentucky for Jackson, Tennessee Exchange

 

May 1, 2015

Norfolk, Fredericksburg and Staunton, Virginia and Elizabeth City, North Carolina

 

October 30, 2015

Easton and Salisbury, Maryland and Richmond and Yorktown, Virginia

 

January 29, 2016

Alexandria, Virginia and Capitol Heights and La Plata, Maryland

 

April 1, 2016

Baltimore, Hagerstown and Cumberland, Maryland

 

April 29, 2016

Cincinnati, Dayton, Lima and Portsmouth, Ohio and Louisa, Kentucky

 

October 28, 2016

Anderson, Fort Wayne, Lafayette, South Bend and Terre Haute, Indiana

 

January 27, 2017

Indianapolis and Bloomington, Indiana and Columbus and Mansfield, Ohio

 

March 31, 2017

Akron, Elyria, Toledo, Willoughby and Youngstown, Ohio

 

April 28, 2017

Memphis, Tennessee

 

October 2, 2017

Little Rock and West Memphis, Arkansas for Leroy, Mobile and Robertsdale, Alabama, Panama City, Florida, Bainbridge, Columbus and Sylvester, Georgia, Ocean Springs, Mississippi and Somerset, Kentucky (as part of the CCR Exchange Transaction)

 

October 2, 2017

 

 

 

Manufacturing Plants

 

Acquisition /

Exchange Date

Annapolis, Maryland Make-Ready Center

 

October 30, 2015

Sandston, Virginia

 

January 29, 2016

Silver Spring and Baltimore, Maryland

 

April 29, 2016

Cincinnati, Ohio

 

October 28, 2016

Indianapolis and Portland, Indiana

 

March 31, 2017

Twinsburg, Ohio

 

April 28, 2017

Memphis, Tennessee and West Memphis, Arkansas for Mobile, Alabama (as part of the CCR Exchange Transaction)

 

October 2, 2017

Summary of Liability to Estimated Fair Value of Contingent Consideration The following table summarizes the liability recorded by the Company to reflect the estimated fair value of contingent consideration related to future sub‑bottling payments to CCR:

 

(in thousands)

 

December 30, 2018

 

 

December 31, 2017

 

Current portion of acquisition related contingent consideration

 

$

32,993

 

 

$

23,339

 

Non-current portion of acquisition related contingent consideration

 

 

349,905

 

 

 

357,952

 

Total acquisition related contingent consideration

 

$

382,898

 

 

$

381,291

 

 

Beacon Investment Corporation [Member]  
Related Party Transaction [Line Items]  
Minimum Rentals and Contingent Rental Payments

The minimum rentals and contingent rental payments related to this lease were as follows:

 

 

 

Fiscal Year

 

(in thousands)

 

2018

 

 

2017

 

 

2016

 

Minimum rentals

 

$

3,511

 

 

$

3,509

 

 

$

3,526

 

Contingent rentals

 

 

927

 

 

 

877

 

 

 

767

 

Total rental payments

 

$

4,438

 

 

$

4,386

 

 

$

4,293