XML 196 R154.htm IDEA: XBRL DOCUMENT v3.3.1.900
Guarantor Subsidiaries (Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries) - Condensed Consolidating Statements of Operations (Detail) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 11, 2015
Jan. 03, 2015
Jan. 02, 2016
Oct. 03, 2015
Jul. 04, 2015
Apr. 04, 2015
Jan. 03, 2015
Sep. 27, 2014
Jun. 28, 2014
Mar. 29, 2014
Jan. 02, 2016
Jan. 03, 2015
Dec. 28, 2013
Condensed Financial Statements, Captions [Line Items]                          
Revenue, net     $ 698.8 $ 755.6 $ 779.8 $ 709.8 $ 543.5 $ 535.0 $ 549.2 $ 475.1 $ 2,944.0 $ 2,102.8 $ 2,094.0
Cost of sales     477.7 523.1 539.2 508.5 471.7 465.5 470.2 418.9 2,048.5 1,826.3 1,818.6
Gross profit     221.1 232.5 240.6 201.3 71.8 69.5 79.0 56.2 895.5 276.5 275.4
Selling, general and administrative expenses     193.7 196.2 190.2 188.5 66.2 49.9 50.7 46.9 768.6 213.7 180.3
Loss (gain) on disposal of property, plant & equipment     4.2 1.1 0.2 1.4 1.3 0.4 (0.1) 0.1 6.9 1.7 1.8
Restructuring               0.1 0.1 2.2   2.4 2.0
Asset impairments               (0.2) 0.3 1.6   1.7 0.0
Acquisition and integration expenses     5.2 6.6 4.1 4.7 37.9 0.5 1.8 1.1 20.6 41.3 3.1
Operating (loss) income   $ 1.1 $ 18.0 $ 28.6 $ 46.1 $ 6.7 $ (33.6) $ 18.8 $ 26.2 $ 4.3 99.4 15.7 88.2
Other (income) expense, net                     (9.5) 21.0 12.8
Interest expense, net                     111.0 39.7 51.6
(Loss) income before income tax (benefit) expense and equity income (loss)                     (2.1) (45.0) 23.8
Income tax (benefit) expense                     (22.7) (61.4) 1.8
Net (loss) income                     20.6 16.4 22.0
Less: Net income attributable to non-controlling interests                     6.1 5.6 5.0
Comprehensive (loss) income attributed to Cott Corporation                     (29.3) (23.4) 12.6
Less: Foreign exchange impact on redemption of preferred shares $ 12.0                   12.0    
Convertible Preferred Shares [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Less: Accumulated dividends on convertible and non-convertible shares                     4.5 0.6  
Non-convertible Preferred Shares [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Less: Accumulated dividends on convertible and non-convertible shares                     1.4 0.2  
Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Revenue, net                     2,944.0 2,102.8 2,094.0
Cost of sales                     2,048.5 1,826.3 1,818.6
Gross profit                     895.5 276.5 275.4
Selling, general and administrative expenses                     768.6 213.7 180.3
Loss (gain) on disposal of property, plant & equipment                     6.9 1.7 1.8
Restructuring                       2.4 2.0
Asset impairments                       1.7  
Acquisition and integration expenses                     20.6 41.3 3.1
Operating (loss) income                     99.4 15.7 88.2
Other (income) expense, net                     (9.5) 21.0 12.8
Interest expense, net                     111.0 39.7 51.6
(Loss) income before income tax (benefit) expense and equity income (loss)                     (2.1) (45.0) 23.8
Income tax (benefit) expense                     (22.7) (61.4) 1.8
Net (loss) income                     20.6 16.4 22.0
Less: Net income attributable to non-controlling interests                     6.1 5.6 5.0
Net (loss)income attributed to Cott Corporation                     (3.4) 10.0 17.0
Comprehensive (loss) income attributed to Cott Corporation                     (29.3) (23.4) 12.6
Less: Foreign exchange impact on redemption of preferred shares                     12.0    
Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member] | Convertible Preferred Shares [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Less: Accumulated dividends on convertible and non-convertible shares                     4.5 0.6  
Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member] | Non-convertible Preferred Shares [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Less: Accumulated dividends on convertible and non-convertible shares                     1.4 0.2  
Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member] | Elimination Entries [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Revenue, net                     (59.0) (49.1) (26.6)
Cost of sales                     (59.0) (49.1) (26.6)
Equity income                     (8.9) (10.6) (22.1)
Net (loss) income                     (8.9) (10.6) (22.1)
Net (loss)income attributed to Cott Corporation                     (8.9) (10.6) (22.1)
Comprehensive (loss) income attributed to Cott Corporation                     (31.4) 7.6 (29.9)
Cott Corporation [Member] | Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Revenue, net                     147.7 166.3 170.9
Cost of sales                     124.6 144.8 149.0
Gross profit                     23.1 21.5 21.9
Selling, general and administrative expenses                     23.3 23.1 28.9
Loss (gain) on disposal of property, plant & equipment                     0.1 0.2 0.1
Restructuring                       2.1 0.5
Asset impairments                       0.9  
Operating (loss) income                     (0.3) (4.8) (7.6)
Other (income) expense, net                     (8.6) (10.9) 0.4
Intercompany interest (income) expense, net                     (4.9) (0.7)  
Interest expense, net                     0.2 0.2  
(Loss) income before income tax (benefit) expense and equity income (loss)                     13.0 6.6 (8.0)
Income tax (benefit) expense                     1.6 0.3 (0.8)
Equity income                     3.1 4.5 24.2
Net (loss) income                     14.5 10.8 17.0
Net (loss)income attributed to Cott Corporation                     (3.4) 10.0 17.0
Comprehensive (loss) income attributed to Cott Corporation                     (29.3) (23.4) 12.6
Less: Foreign exchange impact on redemption of preferred shares                     12.0    
Cott Corporation [Member] | Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member] | Convertible Preferred Shares [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Less: Accumulated dividends on convertible and non-convertible shares                     4.5 0.6  
Cott Corporation [Member] | Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member] | Non-convertible Preferred Shares [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Less: Accumulated dividends on convertible and non-convertible shares                     1.4 0.2  
Cott Beverages Inc. [Member] | Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Revenue, net                     715.0 745.1 780.4
Cost of sales                     611.5 643.2 668.5
Gross profit                     103.5 101.9 111.9
Selling, general and administrative expenses                     91.6 85.9 74.1
Loss (gain) on disposal of property, plant & equipment                     0.5 0.1 1.1
Restructuring                       0.3 0.5
Asset impairments                       0.8  
Acquisition and integration expenses                     3.2 38.8 1.2
Operating (loss) income                     8.2 (24.0) 35.0
Other (income) expense, net                       21.8 12.5
Intercompany interest (income) expense, net                     (51.2) (18.4) (12.0)
Interest expense, net                     80.1 37.2 50.8
(Loss) income before income tax (benefit) expense and equity income (loss)                     (20.7) (64.6) (16.3)
Income tax (benefit) expense                     (14.8) (59.6) 4.6
Equity income                     6.1 6.1 5.2
Net (loss) income                     0.2 1.1 (15.7)
Net (loss)income attributed to Cott Corporation                     0.2 1.1 (15.7)
Comprehensive (loss) income attributed to Cott Corporation                     (7.9) (31.5) (4.9)
Guarantor Subsidiaries [Member] | Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Revenue, net                     2,008.7 1,102.6 1,022.3
Cost of sales                     1,266.0 972.8 898.6
Gross profit                     742.7 129.8 123.7
Selling, general and administrative expenses                     641.4 92.7 68.2
Loss (gain) on disposal of property, plant & equipment                     6.3 1.3 0.5
Restructuring                         0.7
Acquisition and integration expenses                     17.4 2.5 1.9
Operating (loss) income                     77.6 33.3 52.4
Other (income) expense, net                     (1.0) 10.0 (0.1)
Intercompany interest (income) expense, net                     56.1 19.1 12.0
Interest expense, net                     30.7 2.2 0.7
(Loss) income before income tax (benefit) expense and equity income (loss)                     (8.2) 2.0 39.8
Income tax (benefit) expense                     (9.6) (2.7) (2.4)
Equity income                     (0.3)   (7.3)
Net (loss) income                     1.1 4.7 34.9
Net (loss)income attributed to Cott Corporation                     1.1 4.7 34.9
Comprehensive (loss) income attributed to Cott Corporation                     27.9 15.4 29.6
Non-Guarantor Subsidiaries [Member] | Cott Corporation, CBI, Cott Guarantor Subsidiaries and our other non-guarantor subsidiaries [Member]                          
Condensed Financial Statements, Captions [Line Items]                          
Revenue, net                     131.6 137.9 147.0
Cost of sales                     105.4 114.6 129.1
Gross profit                     26.2 23.3 17.9
Selling, general and administrative expenses                     12.3 12.0 9.1
Loss (gain) on disposal of property, plant & equipment                       0.1 0.1
Restructuring                         0.3
Operating (loss) income                     13.9 11.2 8.4
Other (income) expense, net                     0.1 0.1  
Interest expense, net                       0.1 0.1
(Loss) income before income tax (benefit) expense and equity income (loss)                     13.8 11.0 8.3
Income tax (benefit) expense                     0.1 0.6 0.4
Net (loss) income                     13.7 10.4 7.9
Less: Net income attributable to non-controlling interests                     6.1 5.6 5.0
Net (loss)income attributed to Cott Corporation                     7.6 4.8 2.9
Comprehensive (loss) income attributed to Cott Corporation                     $ 11.4 $ 8.5 $ 5.2