Segments
 3 Months Ended
Mar. 29, 2015
Segment Reporting [Abstract]  
Segments
Segments

The Company is a leading manufacturer, marketer and distributor of high quality, branded food products in North America. The Company manages the business in three operating segments: Birds Eye Frozen, Duncan Hines Grocery and Specialty Foods.

The Birds Eye Frozen segment is comprised of our Leadership Brands in the retail frozen vegetables (Birds Eye), frozen complete bagged meals (Birds Eye Voila!), plant based protein frozen products (gardein) and frozen prepared seafood (Van de Kamp’s and Mrs. Paul’s) categories, as well as our Foundation Brands in the full-calorie single-serve frozen dinners and entrées (Hungry-Man), frozen pancakes / waffles / French Toast (Aunt Jemima), frozen and refrigerated bagels (Lender’s) and frozen pizza for one (Celeste) categories.

The Duncan Hines Grocery segment is comprised of our Leadership Brands in the baking mixes and frostings (Duncan Hines), shelf-stable pickles (Vlasic), liquid and dry-mix salad dressings (Wish-Bone and Western), and table syrups (Mrs. Butterworth’s and Log Cabin) categories, and our Foundation Brands in the canned meat (Armour, Nalley and Brooks), pie and pastry fillings (Duncan Hines Comstock and Wilderness), and barbecue sauces (Open Pit) categories as well as Canadian operations excluding Garden Protein.

The Company refers to the sum of the Birds Eye Frozen segment and the Duncan Hines Grocery segment as the North America Retail businesses.

The Specialty Foods segment consists of snack products (Tim's Cascade and Snyder of Berlin), foodservice and private label businesses.

Segment performance is evaluated by the Company’s Chief Operating Decision Maker and is based on earnings before interest and taxes. Transfers between segments and geographic areas are recorded at cost plus markup or at market. Identifiable assets are those assets, including goodwill, which are identified with the operations in each segment or geographic region. Corporate assets consist of prepaid and deferred tax assets. Unallocated corporate expenses consist of corporate overhead such as executive management, finance and legal functions.
 
Three months ended
SEGMENT INFORMATION
March 29,
2015
 
March 30,
2014
Net sales
 
 
 
Birds Eye Frozen
$
317,890

 
$
294,278

Duncan Hines Grocery
261,198

 
264,904

Specialty Foods
86,193

 
84,857

Total
$
665,281

 
$
644,039

Earnings before interest and taxes
 
 
 
Birds Eye Frozen
$
43,277

 
$
46,728

Duncan Hines Grocery
43,207

 
42,673

Specialty Foods
7,700

 
7,072

Unallocated corporate expenses
(5,715
)
 
(6,382
)
Total
$
88,469

 
$
90,091

Depreciation and amortization
 
 
 
Birds Eye Frozen
$
10,668

 
$
9,949

Duncan Hines Grocery
7,000

 
6,462

Specialty Foods
3,199

 
3,969

Total
$
20,867

 
$
20,380

Capital expenditures (1)
 
 
 
Birds Eye Frozen
$
4,540

 
$
5,981

Duncan Hines Grocery
18,922

 
14,740

Specialty Foods
3,562

 
1,967

Total
$
27,024

 
$
22,688

 
 
 
 
NET SALES BY PRODUCT TYPE
 
 
 
Net sales
 
 
 
Frozen
$
359,139

 
$
337,234

Meals and Meal Enhancers
208,974

 
210,700

Desserts
71,854

 
70,720

Snacks
25,314

 
25,385

Total
$
665,281

 
$
644,039

 
 
 
 
GEOGRAPHIC INFORMATION
 
 
 
Net sales
 
 
 
United States
$
661,167

 
$
639,817

Canada
29,498

 
20,191

Intercompany
(25,384
)
 
(15,969
)
Total
$
665,281

 
$
644,039


(1)
Includes new capital leases.
SEGMENT INFORMATION
March 29,
2015
 
December 28,
2014
Total assets
 
 
 
Birds Eye Frozen
$
2,118,614

 
$
2,123,902

Duncan Hines Grocery
2,621,750

 
2,612,311

Specialty Foods
344,801

 
343,177

Corporate
103,526

 
121,555

Total
$
5,188,691

 
$
5,200,945

GEOGRAPHIC INFORMATION
 
 
 
Long-lived assets
 
 
 
United States
$
589,755

 
$
592,541

Canada
11,994

 
13,365

Total
$
601,749

 
$
605,906