Segment Information

12 Months Ended

Jun. 30, 2012

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Segment Information

SEGMENT INFORMATION

During the fourth quarter of fiscal 2012, the Company reorganized its reporting structure in a manner that resulted in a change to its operating and reportable segments. The change resulted from the Company's international expansion and was primarily driven by the acquisition of The Daniels Group in October 2011. The Company previously had one operating and reportable segment. Our operations are now organized and managed by geography, and are comprised of four operating segments: United States, United Kingdom, Canada and Europe. The United States and the United Kingdom are now reportable segments, while Canada and Europe do not currently meet the quantitative thresholds for reporting and are therefore combined and reported as “Rest of World.”

Net sales and operating profit are the primary measures used by our Chief Operating Decision Maker (“CODM”) to evaluate segment operating performance and to decide how to allocate resources to segments. Our CODM is the Company's Chief Executive Officer. Expenses related to certain centralized administration functions that are not specifically related to an operating segment are included in “Corporate and other.” Corporate and other expenses are comprised mainly of the compensation and related expenses of certain of the Company's senior executive officers and other selected employees who perform duties related to our entire enterprise, as well as expenses for certain professional fees, facilities, and other items which benefit the Company as a whole. Additionally, acquisition related expenses and restructuring charges are included in "Corporate and other." Expenses that are managed centrally but can be attributed to a segment, such as employee benefits, are principally allocated based on headcount. Assets are reviewed by the CODM on a consolidated basis and are not reported by operating segment.

The following tables set forth financial information about each of the Company's reportable segments. Prior period information has been recast to conform to the current year presentation. Transactions between reportable segments were insignificant for all periods presented.

	Fiscal Years ended June 30,
	2012			2011			2010
Net Sales:(1)
United States	$	991,626		$	910,095		$	722,211
United Kingdom	192,352			39,284			31,304
Rest of World	194,269			159,167			136,492
	$	1,378,247		$	1,108,546		$	890,007
Operating Income:
United States	$	149,791		$	130,155		$	98,672
United Kingdom	9,690			(4,844		)	(6,053		)
Rest of World	13,347			9,787			8,653
	$	172,828		$	135,098		$	101,272
Corporate and other (2)	(21,300		)	(23,924		)	(21,183		)
	$	151,528		$	111,174		$	80,089

(1) One of our customers accounted for approximately 18%, 21%, and 21% of our consolidated net sales for the fiscal years ended June 30, 2012, 2011, and 2010, respectively, which were primarily related to the United States segment. No other customer represents more than 10% of our consolidated net sales.

(2) Includes $7,974, $4,434, and $3,152 of acquisition related expenses and restructuring charges for the fiscal years ended June 30, 2012, 2011, and 2010, respectively. Of those amounts, $204 and $401 are recorded in cost of sales for the fiscal years ended June 30, 2011, and 2010, respectively. Corporate and other also includes reductions of expense of $14,627 and $4,177 for the fiscal years ended June 30, 2012 and 2011, respectively, related to net reversals of the carrying value of contingent consideration.

The Company’s sales by product category are as follows:

	Fiscal Year ended June 30,
	2012		2011		2010
Grocery	$	935,136	$	688,097	$	593,393
Snacks	209,319		196,390		94,828
Tea	103,950		99,120		90,508
Personal Care	109,907		105,649		92,769
Other (1)	19,935		19,290		18,509
Total	$	1,378,247	$	1,108,546	$	890,007

(1) The “other” category in the above table includes, but is not limited to, sales in product categories such as fresh prepared foods. Sales of each of these categories and in the aggregate were less than 10% of total sales in each fiscal year.

The Company's long-lived assets, which primarily represent net property, plant and equipment, by geographic area are as follows:

	June 30, 2012		June 30, 2011
United States	$	130,522	$	136,261
Canada	11,607		12,196
United Kingdom	54,240		27,911
Continental Europe	15,482		12,807
	$	211,851	$	189,175