7Baggers
Quarterly
Annual
    Unit: USD2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-29 2018-12-30 2017-12-31 2016-01-01 2014-12-28 2013-12-29 2013-03-31 2012-12-30 2011-01-01 2006-12-31 2005-01-01 
      
    		               
      cash flows from operating activities:
    		               
      net income
    		75,836,000 118,445,000 19,107,000 68,829,000 -8,264,000 -25,796,000 80,772,000 -2,770,000 3,944,000 -3,786,000 5,669,000 3,250,000 -3,727,000 8,600,000 3,425,000 
      adjustments to reconcile net income to net cash from operating activities:
    		               
      depreciation and amortization expense from property, plant and equipment and financing leases
    		               
      amortization of intangible assets and deferred proceeds
    		5,862,000 5,906,000 5,814,000 5,795,000 5,759,000 5,800,000 6,823,000         
      fair value adjustment of acquisition related contingent consideration
    		73,316,000 11,169,000 55,403,000 -3,858,000 30,771,000 27,183,000 -19,914,000         
      amortization of debt costs
    		249,000 244,000 466,000 272,000 281,000 374,000 276,000 364,000 500,000 480,000 487,000 516,000 570,000 652,000 1,131,000 
      (gain) loss on sale of property, plant and equipment
    		               
      deferred income taxes
    		-14,140,000 -1,772,000 -20,090,000 3,435,000 -1,267,000 -537,000 -33,370,000 46,431,000 3,565,000 -8,641,000 146,000 3,729,000 5,700,000 -9,091,000 -10,728,000 
      change in current assets less current liabilities
    		-6,653,000 -13,127,000 -29,951,000 -14,368,000 22,582,000 94,034,000 19,295,000         
      change in other noncurrent assets
    		-709,000 3,973,000 5,648,000 5,460,000 2,620,000 3,623,000 -4,525,000         
      change in other noncurrent liabilities
    		-4,446,000 -4,729,000 4,177,000 12,092,000 -9,814,000 -6,360,000 2,646,000         
      total adjustments
    		90,305,000 41,752,000 62,773,000 49,231,000 94,051,000 168,645,000 24,619,000 92,282,000 37,991,000 25,187,000 -19,455,000 14,561,000 49,253,000 13,259,000 -36,668,000 
      net cash from operating activities
    		166,141,000 160,197,000 81,880,000 118,060,000 85,787,000 142,849,000 105,391,000 89,512,000 41,935,000 21,401,000 -13,786,000 17,811,000 45,526,000 21,859,000 -33,243,000 
      capex
    		-130,044,000 -114,682,000 -36,073,000 -91,317,000 -74,627,000 -25,131,000 -61,648,000 -58,890,000 -16,676,000 -16,235,000 -20,383,000 -16,725,000 -24,145,000 -12,437,000 -1,362,000 
      free cash flows
    		36,097,000 45,515,000 45,807,000 26,743,000 11,160,000 117,718,000 43,743,000 30,622,000 25,259,000 5,166,000 -34,169,000 1,086,000 21,381,000 9,422,000 -34,605,000 
      cash flows from investing activities:
    		               
      proceeds from the disposal of short-term investments
    		               
      purchases of short-term investments
    		               
      additions to property, plant and equipment
    		-130,044,000 -114,682,000 -36,073,000 -91,317,000 -74,627,000 -25,131,000 -61,648,000 -68,164,000 -23,007,000 -16,235,000 -20,383,000 -16,725,000 -24,145,000 -12,437,000 -1,362,000 
      investment in equity method investees
    		-4,697,000               
      proceeds from the sale of property, plant and equipment
    		254,000 2,021,000 1,059,000 988,000 3,036,000 1,704,000 115,000 798,000 489,000 80,000 4,302,000 153,000 399,000 1,504,000 2,603,000 
      net cash from investing activities
    		-134,487,000 -114,717,000 -42,346,000 -90,329,000 -71,591,000 -37,898,000 -50,994,000 -321,499,000 -51,943,000 -16,155,000 -16,081,000 -16,572,000 -24,246,000 -13,271,000 1,241,000 
      cash flows from financing activities:
    		               
      payments related to share repurchases
    		               
      cash dividends paid
    		-4,686,000 -2,344,000 -2,344,000 -2,344,000 -2,343,000 -2,339,000 -2,333,000 -2,343,000 -2,318,000 -2,312,000 -2,307,000 -2,307,000 -2,319,000 -2,276,000 -2,286,000 
      payments of acquisition related contingent consideration
    		-7,229,000 -8,094,000 -10,457,000 -11,401,000 -8,398,000           
      payments on financing lease obligations
    		-591,000 -547,000 -1,211,000             
      debt issuance fees
    		-96,000 -91,000 -86,000 -83,000 -115,000 0          
      proceeds from bond issuance
    		               
      net cash from financing activities
    		-12,602,000 -11,076,000 -84,098,000 -137,761,000 -10,571,000 -100,740,000 -49,417,000 166,943,000 -3,964,000 -18,768,000 31,358,000 -103,501,000 10,952,000 -4,185,000 72,874,000 
      net increase in cash and cash equivalents during period
    		               
      cash and cash equivalents at beginning of period
    		               
      cash and cash equivalents at end of period
    		               
      significant non-cash investing and financing activities:
    		               
      right-of-use assets obtained in exchange for operating lease obligations
    		               
      additions to property, plant and equipment accrued and recorded in accounts payable, trade
    		       9,274,000 6,331,000       
      share repurchase obligation to the coca-cola company
    		               
      loss on sale of property, plant and equipment
    		1,318,000 2,787,000 1,904,000 1,531,000 1,024,000 980,000 1,072,000 2,213,000    166,000 -664,000   
      net increase in cash during period
    		               
      cash at beginning of period
    		          10,399,000     
      cash at end of period
    		          11,890,000     
      balance on december 31, 2024
    		               
      other comprehensive loss, net of tax
    		               
      dividends declared:
    		               
      common stock
    		               
      class b common stock
    		               
      balance on march 28, 2025
    		               
      pension plan settlement expense
    		-4,300,000               
      balance on june 28, 2024
    		               
      other comprehensive income, net of tax
    		               
      share repurchases
    		               
      balance on september 27, 2024
    		               
      balance on december 31, 2023
    		               
      balance on march 29, 2024
    		               
      balance on december 31, 2022
    		0               
      balance on march 31, 2023
    		               
      depreciation expense from property, plant and equipment and financing leases
    		  39,410,000             
      deferred payroll taxes under cares act
    		 0 0             
      impairment and abandonment of property, plant and equipment
    		  0             
      acquisition of distribution rights
    		               
      payments on term loan facility and senior notes
    		 0   -7,500,000           
      borrowings under term loan facility
    		  0             
      payments on revolving credit facility
    		  0 0 -174,000,000 -161,000,000 -155,000,000         
      borrowings under revolving credit facility
    		  0 0       45,000,000     
      net increase in cash
    		       -65,044,000 -13,972,000 -13,522,000 1,491,000 -102,262,000 32,232,000 4,403,000 40,872,000 
      cash at beginning of year
    		               
      cash at end of year
    		               
      balance on december 31, 2020
    		 0 0             
      balance on december 31, 2021
    		0 0              
      conversion of 1,227,546 shares of class b common stock
    		0 0              
      reductions to leased property under financing leases
    		               
      balance on june 30, 2023
    		               
      balance on september 29, 2023
    		               
      balance on july 1, 2022
    		               
      balance on september 30, 2022
    		               
      balance on april 1, 2022
    		               
      investment in cona services llc
    		 -1,556,000 -337,000 0 0 0 -1,639,000         
      other
    		  -8,000 17,000 -300,000 2,000 12,000 35,000 -3,000 1,000 5,000 0 18,000  -209,000 
      purchase of noncontrolling interest in piedmont coca-cola bottling partnership
    		               
      balance on december 29, 2019
    		   0            
      acquisition of bodyarmor distribution rights
    		               
      cash dividends paid:
    		               
      balance on july 2, 2021
    		               
      balance on october 1, 2021
    		               
      payments on term loan facility
    		               
      balance on april 2, 2021
    		               
      net decrease in cash during period
    		               
      stock compensation expense
    		    0 1,112,000 1,449,000 1,480,000 1,270,000 1,018,000 603,000 580,000 754,000 232,000  
      other distribution agreements
    		  -6,995,000  0           
      payments on term loan facilities
    		               
      proceeds from issuance of senior notes
    		    0 0 0         
      balance on december 30, 2018
    		   0 0           
      issuance of 19,224 shares of class b common stock
    		               
      reclassification of stranded tax effects
    		               
      additions to leased property under financing leases
    		               
      impairment of property, plant and equipment
    		   122,000 4,654,000 154,000  234,000        
      balance on march 29, 2020
    		               
      depreciation expense from property, plant and equipment and financing or capital leases
    		    37,741,000           
      gain on exchange transactions
    		               
      proceeds from legacy facilities credit
    		               
      net cash paid for exchange transactions
    		               
      proceeds from cold drink equipment
    		     0 0         
      acquisition of distribution territories and manufacturing plants, net of cash acquired and purchase price settlements
    		               
      payments on term loan facility and senior bonds
    		               
      payments on financing or capital lease obligations
    		    -2,215,000           
      balance on december 31, 2017
    		    0           
      issuance of 20,296 shares of class b common stock
    		               
      issuance of class b common stock in connection with stock award
    		       1,501,000 0 0 1,298,000 0 11,000 0  
      balance on september 29, 2019
    		               
      balance on september 27, 2020
    		               
      right-of-use assets obtained in exchange for lease obligations
    		               
      balance on june 30, 2019
    		               
      balance on june 28, 2020
    		               
      significant noncash investing and financing activities:
    		               
      balance on march 31, 2019
    		               
      proceeds from territory conversion fee
    		               
      system transformation transactions settlements
    		               
      gain on acquisition of southeastern container preferred shares in ccr redistribution
    		               
      glacéau distribution agreement consideration
    		      0         
      portion of legacy facilities credit related to mobile, alabama facility
    		               
      borrowing under revolving credit facility
    		               
      net decrease in cash
    		    3,625,000           
      balance on january 1, 2017
    		               
      issuance of 21,020 shares of class b common stock
    		               
      acquisition of distribution territories and regional manufacturing plants, net of cash acquired and purchase price settlements
    		               
      right of use assets obtained in exchange for lease obligations
    		               
      balance on september 30, 2018
    		               
      acquisition of distribution territories and regional manufacturing facilities, net of cash acquired and purchase price settlements
    		               
      balance on july 1, 2018
    		               
      payment of acquisition related contingent consideration
    		     -6,371,000 -5,088,000         
      balance on april 1, 2018
    		               
      depreciation expense from property, plant and equipment and capital leases
    		               
      (gain) loss on exchange transactions
    		               
      payments on senior notes
    		               
      payment on term loan facility
    		     0          
      principal payments on capital lease obligations
    		     -2,030,000 -1,891,000 -2,174,000 -1,519,000 -1,381,000 -1,275,000 -1,222,000 -979,000 -405,000 -396,000 
      balance on january 3, 2016
    		               
      issuance of 20,920 shares of class b common stock
    		               
      depreciation expense
    		      41,725,000 55,314,000 16,039,000 14,683,000 14,556,000 15,093,000 17,523,000 16,963,000 15,114,000 
      prepayment of funds for october 2017 expansion transactions
    		               
      •
    		               
      acquisition of distribution territories and regional manufacturing facilities, net of cash acquired and settlements
    		               
      gain on sale of business
    		               
      bargain purchase gain, net of tax of 1,265
    		               
      proceeds from bottling agreements conversion
    		               
      acquisition of expansion territories, net of cash acquired and settlements
    		               
      proceeds from the sale of byb brands, inc.
    		               
      balance on december 28, 2014
    		               
      common
    		               
      class b common
    		               
      loss on exchange of franchise territory
    		               
      proceeds from conversion of legacy territories bottling agreements
    		               
      acquisition of expansion territories, net of cash acquired
    		               
      payment of revolving credit facility
    		               
      payment of senior notes
    		               
      amortization of intangibles
    		       2,900,000 356,000 83,000 84,000 104,000 65,000 124,000 -1,476,000 
      proceeds from conversion of legacy territory bottling agreements
    		               
      (gain) loss on exchange of franchise territory
    		               
      capital lease obligations incurred
    		        0 259,000  0    
      gain on exchange of franchise territory
    		       9,499,000        
      in thousands
    		               
      cash
    		               
      inventories
    		               
      prepaid expenses and other current assets
    		               
      accounts receivable from the coca-cola company
    		               
      property, plant and equipment
    		               
      other assets
    		               
      goodwill
    		               
      other identifiable intangible assets
    		               
      total acquired assets
    		               
      current liabilities
    		               
      other current liabilities
    		               
      other liabilities
    		               
      total assumed liabilities
    		               
      cash flows from operating activities
    		               
      cash flows from investing activities
    		               
      acquisition of new territories, net of cash acquired
    		        -29,425,000       
      cash flows from financing activities
    		               
      payment on acquisition related contingent consideration
    		               
      accounts payable to the coca-cola company
    		               
      bargain purchase gain
    		               
      borrowings under senior notes, net of discount
    		               
      repayment of lines of credit
    		               
      excess tax benefit from stock-based compensation
    		               
      balance on dec. 29, 2013
    		               
      issuance of 20,900 shares of class b common stock
    		               
      stock compensation adjustment
    		               
      balance on dec. 28, 2014
    		               
      amortization of deferred gain related to terminated interest rate agreements
    		          -136,000     
      fair value adjustment of acquisition-related contingent consideration
    		               
      increase in current assets less current liabilities
    		        4,039,000 5,209,000 -27,193,000  27,572,000  -30,784,000 
      increase in other noncurrent assets
    		        167,000 3,486,000 -3,330,000 300,000 -8,997,000 2,998,000 -1,575,000 
      decrease in other noncurrent liabilities
    		          -3,687,000     
      borrowings under revolving credit facilities
    		               
      payment on revolving credit facilities
    		               
      payment of debt
    		               
      excess tax expense from stock-based compensation
    		               
      debt issuance costs
    		               
      (gain)/loss on sale of property, plant and equipment
    		          -990,000     
      increase in other noncurrent liabilities
    		        10,676,000 -3,318,000     -8,680,000 
      payment on revolving credit facility
    		        -85,624,000 -20,000,000 -10,000,000     
      amortization of deferred gains related to terminated interest rate agreements
    		               
      loss on voluntary pension settlement
    		               
      proceeds from issuance of long-term debt, net of discount
    		               
      excess tax expense/(benefit) from stock-based compensation
    		               
      significant noncash investing and financing activities
    		               
      balance on dec. 30, 2012
    		               
      issuance of 20,120 shares of class b common stock
    		               
      balance on jan. 3, 2016
    		               
      change in restricted cash
    		         0 0 0    
      proceeds from lines of credit
    		               
      balance on jan. 1, 2012
    		               
      cash dividends paid common
    		               
      issuance of 22,320 shares of class b common stock
    		               
      prepaid expense and other current assets
    		               
      gain on sale of property, plant and equipment
    		               
      finished products
    		               
      manufacturing materials
    		               
      plastic shells, plastic pallets and other inventories
    		               
      total inventories
    		               
      debt issuance costs paid
    		           0    
      balance on jan. 2, 2011
    		               
      total liabilities
    		          1,164,588,000     
      retained earnings
    		          156,540,000     
      total equity of coca-cola bottling co. consolidated
    		          135,549,000     
      total equity
    		          196,016,000     
      impairment/accelerated depreciation of property, plant and equipment
    		               
      net gain on property, plant and equipment damaged in flood
    		               
      insurance proceeds received for flood damage
    		               
      insurance proceeds received for property, plant and equipment damaged in flood
    		               
      investment in subsidiary net of assets acquired
    		               
      borrowing (repayment) under revolving credit facility
    		               
      significant non-cash investing and financing activities
    		               
      balance on jan. 3, 2010
    		               
      revision of prior period
    		               
      revised beginning balance
    		               
      acquisition of noncontrolling interest
    		               
      decrease in current assets less current liabilities
    		               
      1.
    		               
      decrease in restricted cash
    		               
      repayments under revolving credit facility
    		               
      borrowings (payments) under revolving credit facility
    		               
      proceeds from issuance of long-term debt
    		               
      payment of current portion of long-term debt
    		             0  
      excess tax (benefit) expense from stock-based compensation
    		               
      payments for the termination of interest rate lock agreements
    		               
      balance on dec. 28, 2008
    		               
      comprehensive income:
    		               
      ownership share of southeastern oci
    		               
      foreign currency translation adjustments, net of tax
    		               
      pension and postretirement benefit adjustments, net of tax
    		               
      total comprehensive income
    		               
      issuance of 20,000 shares of class b common stock
    		               
      conversion of class b common stock into common stock
    		               
      increase in restricted cash
    		               
      proceeds from the issuance of long-term debt
    		               
      borrowings (repayments) under revolving credit facility
    		               
      repayment — current portion of long-term debt
    		               
      losses on sale of property, plant and equipment
    		             13,000 39,000 
      benefit from liabilities to exit from multi-employer pension plan
    		               
      investment in a plastic bottle manufacturing cooperative
    		               
      investment in restricted cash
    		               
      payment of lines of credit
    		             0  
      proceeds from the termination of interest rate swap agreements
    		               
      repayments of lines of credit
    		               
      investment in plastic bottle manufacturing cooperative
    		               
      minority interest
    		             672,000 653,000 
      losses on disposal of property, plant and equipment
    		               
      decrease in other noncurrent assets
    		               
      plastic shells, pallets and other inventories
    		               
      (gains)/losses on disposal of property, plant and equipment
    		               
      proceeds from (payment of) lines of credit
    		               
      proceeds from the redemption of life insurance policies
    		               
      payment of long-term debt
    		              76,450,000 
      premium on exchange of long-term debt
    		               
      exchange of long-term debt
    		               
      balance on december 28, 2003
    		               
      net gain on derivatives, net of tax
    		               
      net change in minimum pension liability adjustment, net of tax
    		               
      issuance of class b common stock
    		               
      balance on january 2, 2005
    		               
      balance on january 1, 2006
    		               
      adjustment to initially apply sfas no. 158, net of tax
    		               
      balance on december 31, 2006
    		               
      issuance of class b common stock related to stock award
    		               
      plastic shells, plastic pallets and other
    		               
      proceeds from (repayment of) lines of credit
    		               
      repayment of current portion of long-term debt
    		               
      proceeds from settlement of forward interest rate agreements
    		               
      acquisitions of companies, net of cash acquired
    		               
      balance on december 29, 2002
    		               
      acquisition of companies
    		               
      plastic pallets and other
    		               
      termination of interest rate swap agreements
    		               
      proceeds from exercise of stock options
    		               
      balance on december 30, 2001
    		               
      comprehensive income
    		               
      exercise of stock options
    		               
      tax adjustment related to stock options
    		               
      benefit from impairment of property, plant and equipment
    		               
      undistributed earnings of piedmont
    		               
      balance on december 31, 2000
    		               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.