Goodwill Tradenames and Other Assets (Tables)
3 Months Ended
Mar. 29, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by segment
Goodwill by segment is as follows:
 
 
Birds Eye
Frozen
 
Duncan
Hines
Grocery
 
Specialty
Foods
 
Total
Balance, December 28, 2014
$
608,984

 
$
936,615

 
$
173,961

 
$
1,719,560

Foreign currency adjustment
(2,186
)
 
—

 
—

 
(2,186
)
Purchase price adjustment (1)
(1,102
)
 
—

 
—

 
(1,102
)
Balance, March 29, 2015
$
605,696


$
936,615


$
173,961


$
1,716,272

 
 
 
 
 
 
 
 
Schedule of Tradenames by segment
Tradenames by segment are as follows:

 
 Birds Eye
 
 Duncan Hines
 
 Specialty
 
 
 
 Frozen
 
 Grocery
 
 Foods
 
 Total
Balance, December 28, 2014
$
847,162

 
$
1,118,712

 
$
36,000

 
$
2,001,874

Foreign currency adjustment
(413
)
 
—

 
—

 
(413
)
Balance, March 29, 2015
$
846,749

 
$
1,118,712

 
$
36,000

 
$
2,001,461

 
 
 
 
 
 
 
 
Schedule of Other Assets
Other Assets
 
 
March 29, 2015
 
Weighted
Avg Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Amortizable intangibles
 
 
 
 
 
 
 
Recipes
10

 
$
60,150

 
$
(42,543
)
 
$
17,607

Customer relationships - Distributors
35

 
142,142

 
(42,065
)
 
100,077

Customer relationships - Private Label
7

 
1,290

 
(131
)
 
1,159

License
7

 
6,175

 
(4,871
)
 
1,304

Total amortizable intangibles
 
 
$
209,757

 
$
(89,610
)
 
$
120,147

Debt acquisition costs
 
 
45,913

 
(26,238
)
 
19,675

Financial instruments (see note 11)
 
 
152

 
—

 
152

Other (1)
 
 
8,690

 
—

 
8,690

Total other assets, net
 
 
 
 
 
 
$
148,664

 
Amortizable intangibles by segment
 
 
 
Birds Eye Frozen
 
 
 
$
65,726

 
Duncan Hines Grocery
 
 
 
50,103

 
Specialty Foods
 
 
 
4,318

 
 
 
 
 
 
 
$
120,147

 
 
December 28, 2014
 
Weighted
Avg Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Amortizable intangibles
 
 
 
 
 
 
 
Recipes
10

 
$
60,206

 
$
(41,027
)
 
$
19,179

Customer relationships - Distributors
35

 
142,156

 
(40,616
)
 
101,540

Customer relationships - Private Label
7

 
1,290

 
(43
)
 
1,247

License
7

 
6,175

 
(4,563
)
 
1,612

Total amortizable intangibles
 
 
$
209,827

 
$
(86,249
)
 
$
123,578

Debt acquisition costs
 
 
45,913

 
(25,244
)
 
20,669

Financial instruments (see note 11)
 
 
6,420

 
—

 
6,420

Other (1)
 
 
7,229

 
—

 
7,229

Total other assets, net
 
 
 
 
 
 
$
157,896

 
Amortizable intangibles by segment
 
 
 
Birds Eye Frozen
 
 
 
$
67,525

 
Duncan Hines Grocery
 
 
 
51,637

 
Specialty Foods
 
 
 
4,416

 
 
 
 
 
 
 
$
123,578


(1) As of March 29, 2015 and December 28, 2014, Other primarily consists of security deposits
Schedule of Deferred Financing Cost Activity
he following summarizes debt acquisition cost activity:
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Balance, December 28, 2014
$
45,913

 
$
(25,244
)
 
$
20,669

           Amortization
—

 
(994
)
 
(994
)
Balance, March 29, 2015
$
45,913

 
$
(26,238
)
 
$
19,675