Segment Reporting

12 Months Ended

Jan. 02, 2016

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

SEGMENT REPORTING

We operate in one business segment: the manufacturing, distribution, marketing and sale of snack food products. We define business segments as components of an organization for which discrete financial information is available and operating results are evaluated on a regular basis by the chief operating decision maker (“CODM”) in order to assess performance and allocate resources. Our CODM is our President and Chief Executive Officer. Characteristics of our organization which were relied upon in making the determination that we operate in one business segment include the similar nature of all of the products that we sell, the functional alignment of our organizational structure, and the reports that are regularly reviewed by the CODM for the purpose of assessing performance and allocating resources.

Revenue by Product Category

Net revenue by product category was as follows:

(in thousands)	2015		2014		2013
Branded	$	1,155,399	$	1,120,877	$	1,079,598
Partner brand	335,272		340,007		304,240
Other	165,728		160,036		120,494
Net revenue	$	1,656,399	$	1,620,920	$	1,504,332

Due to the sale of Private Brands and the reclassification of associated revenue to discontinued operations, the Private brand product category was removed and Private brand revenue not included in the sale transaction was reclassified to Other. The Other product category primarily consists of revenue from contract manufactured products.

Due to the acquisition of a controlling interest in Late July in October of 2014, revenue from the sale of Late July^® products are now classified as Branded revenue. For 2014 and 2013, we have reclassified $8.0 million and $4.1 million, respectively, of Partner brand revenue and $3.6 million and $4.1 million, respectively, of Other revenue associated with Late July^® products to Branded revenue to be consistent with current year presentation.