11.Business Segments and Significant Customers

 

For the years ended December 27, 2014, December 28, 2013 and December 29, 2012, Costco was the only customer accounting for more than 10% of our total net revenue.  Costco accounted for $75.3 million, or 26% of our total net revenue; $74.5 million, or 35% of our total net revenue; and $64.6 million, or 35% or our total net revenue; for fiscal years 2014, 2013 and 2012, respectively.

 

Our operations consist of two reportable segments: frozen products and snack products.  The frozen products segment produces frozen fruits, vegetables and beverages for sale primarily to groceries, club stores and mass merchandisers.  The snack products segment produces potato chips, kettle chips, potato crisps, potato skins, pellet snacks, sheeted dough products and extruded products for sale primarily to snack food distributors and retailers.  Our reportable segments offer different products and services.  The majority of our revenues are attributable to external customers in the United States.  We also sell to external customers internationally; however, the revenues attributable to such customers are immaterial.  All of our assets are located in the United States.

 

The accounting policies of our reportable segments are the same as those described in “Note 1.  Summary of Significant Accounting Policies.”  We do not allocate assets, selling, general and administrative expenses, income taxes or other income and expense to our reportable segments. The following tables present information about our reportable segments for the years ended December 27, 2014, December 28, 2013 and December 29, 2012 (in thousands):

 

 

The following table reconciles our reportable segment gross profit to our consolidated income before income tax provision for the years ended December 27, 2014, December 28, 2013 and December 29, 2012 (in thousands):