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Customer Lists and Other Identifiable Intangible Assets [Member]

11.Distribution Agreements, Net

Distribution agreements, net, which are amortized on a straight-line basis and have an estimated useful life of 10 to 40 years, consisted of the following:

(in thousands)	March 31, 2019			December 30, 2018
Distribution agreements at cost	$	950,549		$	950,559
Less: Accumulated amortization		(56,280	)		(50,176	)
Distribution agreements, net	$	894,269		$	900,383

A reconciliation of the activity for distribution agreements, net for the first quarter of 2019 and the first quarter of 2018 is as follows:

	First Quarter
(in thousands)	2019			2018
Beginning balance - distribution agreements, net	$	900,383		$	913,352
Other distribution agreements		(10	)		-
Additional accumulated amortization		(6,104	)		(5,952	)
Ending balance - distribution agreements, net	$	894,269		$	907,400

Customer Lists and Other Identifiable Intangible Assets, Net

3 Months Ended

Mar. 31, 2019

Other Accrued Liabilities

12.Customer Lists and Other Identifiable Intangible Assets, Net

Customer lists and other identifiable intangible assets, net, which are amortized on a straight-line basis and have an estimated useful life of 5 to 12 years, consisted of the following:

(in thousands)	March 31, 2019			December 30, 2018
Customer lists and other identifiable intangible assets at cost	$	25,288		$	25,288
Less: Accumulated amortization		(9,266	)		(8,806	)
Customer lists and other identifiable intangible assets, net	$	16,022		$	16,482

A reconciliation of the activity for customer lists and other identifiable intangible assets, net for the first quarter of 2019 and the first quarter of 2018 is as follows:

	First Quarter
(in thousands)	2019			2018
Beginning balance - customer lists and other identifiable intangible assets, net	$	16,482		$	18,320
Additional accumulated amortization		(460	)		(459	)
Ending balance - customer lists and other identifiable intangible assets, net	$	16,022		$	17,861

Other Accrued Liabilities

3 Months Ended

Mar. 31, 2019

Payables And Accruals [Abstract]

13.Other Accrued Liabilities

Other accrued liabilities consisted of the following:

(in thousands)	March 31, 2019		December 30, 2018
Accrued insurance costs	$	40,387	$	37,916
Checks and transfers yet to be presented for payment from zero balance cash accounts		37,935		72,701
Current portion of acquisition related contingent consideration		31,338		32,993
Employee and retiree benefit plan accruals		24,903		29,300
Accrued marketing costs		25,633		31,475
Accrued taxes (other than income taxes)		8,935		4,577
Commodity hedges at fair market value		3,950		10,305
Current deferred proceeds from Territory Conversion Fee		2,286		2,286
All other accrued expenses		22,388		28,693
Total other accrued liabilities	$	197,755	$	250,246

Derivative Financial Instruments

3 Months Ended

Mar. 31, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

14.Derivative Financial Instruments

The Company is subject to the risk of increased costs arising from adverse changes in certain commodity prices. In the normal course of business, the Company manages these risks through a variety of strategies, including the use of derivative instruments. The Company does not use derivative instruments for trading or speculative purposes. All derivative instruments are recorded at fair value as either assets or liabilities in the Company’s consolidated condensed balance sheets. These derivative instruments are not designated as hedging instruments under GAAP and are used as “economic hedges” to manage certain commodity price risk. Derivative instruments held are marked to market on a monthly basis and recognized in earnings consistent with the expense classification of the underlying hedged item. Settlements of derivative agreements are included in cash flows from operating activities on the Company’s consolidated condensed statements of cash flows.

The Company uses several different financial institutions for commodity derivative instruments to minimize the concentration of credit risk. While the Company would be exposed to credit loss in the event of nonperformance by these counterparties, the Company does not anticipate nonperformance by these parties.

The following table summarizes pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification of such changes in the consolidated condensed statements of operations.

		First Quarter
(in thousands)	Classification of Gain (Loss)	2019		2018
Commodity hedges	Cost of sales	$	3,905	$	(2,765	)
Commodity hedges	Selling, delivery and administrative expenses		2,715		(202	)
Total gain (loss)		$	6,620	$	(2,967	)

The following table summarizes the fair values and classification in the consolidated condensed balance sheets of derivative instruments held by the Company:

(in thousands)	Balance Sheet Classification	March 31, 2019		December 30, 2018
Assets:
Commodity hedges at fair market value	Other assets	$	265	$	-
Total assets		$	265	$	-

Liabilities:
Commodity hedges at fair market value	Other accrued liabilities	$	3,950	$	10,305
Total liabilities		$	3,950	$	10,305

The Company has master agreements with the counterparties to its derivative financial agreements that provide for net settlement of derivative transactions. Accordingly, the net amounts of derivative assets are recognized in either prepaid expenses and other current assets or other assets in the Company’s consolidated condensed balance sheets and the net amounts of derivative liabilities are recognized in other accrued liabilities or other liabilities in the consolidated condensed balance sheets. The following table summarizes the Company’s gross derivative assets and gross derivative liabilities in the consolidated condensed balance sheets:

(in thousands)	March 31, 2019		December 30, 2018
Gross derivative assets	$	25,958	$	28,305
Gross derivative liabilities		29,643		38,610

The following table summarizes the Company’s outstanding commodity derivative agreements:

(in thousands)	March 31, 2019		December 30, 2018
Notional amount of outstanding commodity derivative agreements	$	152,044	$	168,388
Latest maturity date of outstanding commodity derivative agreements	December 2020		December 2019

Fair Values of Financial Instruments

3 Months Ended

Mar. 31, 2019

Fair Value Disclosures [Abstract]

Fair Values of Financial Instruments

15.Fair Values of Financial Instruments

GAAP requires assets and liabilities carried at fair value to be classified and disclosed in one of the following categories:

•	Level 1: Quoted market prices in active markets for identical assets or liabilities.

•	Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data.

•	Level 3: Unobservable inputs that are not corroborated by market data.

The following methods and assumptions were used by the Company in estimating the fair values of its financial instruments. There were no transfers of assets or liabilities between levels in any period presented.

Financial Instrument	Fair Value Level	Method and Assumptions
Deferred compensation plan assets and liabilities	Level 1	The fair value of the Company’s non-qualified deferred compensation plan for certain executives and other highly compensated employees is based on the fair values of associated assets and liabilities, which are held in mutual funds and are based on the quoted market value of the securities held within the mutual funds.
Commodity hedging agreements	Level 2	The fair values of the Company’s commodity hedging agreements are based on current settlement values at each balance sheet date. The fair values of the commodity hedging agreements at each balance sheet date represent the estimated amounts the Company would have received or paid upon termination of these agreements. The Company’s credit risk related to the derivative financial instruments is managed by requiring high standards for its counterparties and periodic settlements. The Company considers nonperformance risk in determining the fair value of derivative financial instruments.
Nonpublic variable rate debt	Level 2	The carrying amounts of the Company’s nonpublic variable rate debt approximate their fair values due to variable interest rates with short reset periods.
Nonpublic fixed rate debt	Level 2	The fair values of the Company’s nonpublic fixed rate debt are based on estimated current market prices.
Public debt securities	Level 2	The fair values of the Company’s public debt securities are based on estimated current market prices.
Acquisition related contingent consideration	Level 3	The fair values of acquisition related contingent consideration are based on internal forecasts and the weighted average cost of capital (“WACC”) derived from market data.

The following tables summarize, by assets and liabilities, the carrying amounts and fair values by level of the Company’s deferred compensation plan, commodity hedging agreements, debt and acquisition related contingent consideration:

	March 31, 2019
	Carrying		Total		Fair Value		Fair Value		Fair Value
(in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Deferred compensation plan assets	$	36,755	$	36,755	$	36,755	$	-	$	-
Commodity hedging agreements		265		265		-		265		-
Liabilities:
Deferred compensation plan liabilities		36,755		36,755		36,755		-		-
Commodity hedging agreements		3,950		3,950		-		3,950		-
Nonpublic variable rate debt		406,119		406,500		-		406,500		-
Nonpublic fixed rate debt		274,701		265,200		-		265,200		-
Public debt securities		457,680		464,700		-		464,700		-
Acquisition related contingent consideration		393,007		393,007		-		-		393,007

	December 30, 2018
	Carrying		Total		Fair Value		Fair Value		Fair Value
(in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Deferred compensation plan assets	$	33,160	$	33,160	$	33,160	$	-	$	-
Liabilities:
Deferred compensation plan liabilities		33,160		33,160		33,160		-		-
Commodity hedging agreements		10,305		10,305		-		10,305		-
Nonpublic variable rate debt		372,074		372,500		-		372,500		-
Nonpublic fixed rate debt		274,717		261,200		-		261,200		-
Public debt securities		457,612		455,400		-		455,400		-
Acquisition related contingent consideration		382,898		382,898		-		-		382,898

The acquisition related contingent consideration is valued using a probability weighted discounted cash flow model based on internal forecasts and the WACC derived from market data, which are considered Level 3 inputs. Each reporting period, the Company adjusts its acquisition related contingent consideration liability related to the distribution territories to fair value by discounting future expected sub-bottling payments required under the CBA using the Company’s estimated WACC.

The future expected sub-bottling payments extend through the life of the applicable distribution assets acquired in each System Transformation transaction, which is generally 40 years. As a result, the fair value of the acquisition related contingent consideration liability is impacted by the Company’s WACC, management’s estimate of the amounts that will be paid in the future under the CBA, and current sub-bottling payments (all Level 3 inputs). Changes in any of these Level 3 inputs, particularly the underlying risk-free interest rate used to estimate the Company’s WACC, could result in material changes to the fair value of the acquisition related contingent consideration and could materially impact the amount of noncash expense (or income) recorded each reporting period.

The acquisition related contingent consideration is the Company’s only Level 3 asset or liability. A reconciliation of the Level 3 activity is as follows:

	First Quarter
(in thousands)	2019			2018
Beginning balance - Level 3 liability	$	382,898		$	381,291
Measurement period adjustment⁽¹⁾		-			(1,059	)
Payment of acquisition related contingent consideration		(6,237	)		(5,882	)
Reclassification to current payables		2,300			(360	)
(Favorable)/unfavorable fair value adjustment		14,046			(5,186	)
Ending balance - Level 3 liability	$	393,007		$	368,804

⁽¹⁾

^{Measurement period adjustment relates to post-closing adjustments made in accordance with the terms and conditions of the asset purchase agreement for the distribution territories acquired by the Company in April 2017 as part of the System Transformation. All final post-closing adjustments for these transactions were completed during 2018.}

The fair value adjustments to the acquisition related contingent consideration liability during the first quarter of 2019 and the first quarter of 2018 were primarily driven by changes in the risk-free interest rate. These adjustments were recorded in other income (expense), net in the consolidated condensed statements of operations.

The anticipated amount the Company could pay annually under acquisition related contingent consideration arrangements is expected to be in the range of $25 million to $48 million.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Income Taxes

3 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Income Taxes

16.Income Taxes

The Company’s effective income tax rate, as calculated by dividing income tax benefit by loss before income taxes, was 35.0% for the first quarter of 2019 and 48.9% for the first quarter of 2018. The decrease in the effective tax rate was primarily driven by improved financial results.

The Company’s effective income tax rate, as calculated by dividing income tax benefit by loss before income taxes minus net income attributable to noncontrolling interest, was 30.6% for the first quarter of 2019 and 47.8% for the first quarter of 2018.

The Company had uncertain tax positions, including accrued interest, of $3.2 million on March 31, 2019 and $3.1 million on December 30, 2018, all of which would affect the Company’s effective tax rate if recognized. While it is expected the amount of uncertain tax positions may change in the next 12 months, the Company does not expect such change would have a significant impact on the consolidated condensed financial statements.

Prior tax years beginning in year 2002 remain open to examination by the Internal Revenue Service, and various tax years beginning in year 1998 remain open to examination by certain state tax jurisdictions.

Pension and Postretirement Benefit Obligations

3 Months Ended

Mar. 31, 2019

Compensation And Retirement Disclosure [Abstract]

Pension and Postretirement Benefit Obligations

17.Pension and Postretirement Benefit Obligations

Pension Plans

There are two Company-sponsored pension plans. The primary Company-sponsored pension plan was frozen as of June 30, 2006 and no benefits accrued to participants after this date. The second Company-sponsored pension plan (the “Bargaining Plan”) is for certain employees under collective bargaining agreements. Benefits under the Bargaining Plan are determined in accordance with negotiated formulas for the respective participants. Contributions to the plans are based on actuarially determined amounts and are limited to the amounts currently deductible for income tax purposes.

The components of net periodic pension cost were as follows:

	First Quarter
(in thousands)	2019			2018
Service cost	$	1,207		$	1,412
Interest cost		3,063			2,856
Expected return on plan assets		(2,574	)		(3,852	)
Recognized net actuarial loss		901			933
Amortization of prior service cost		5			6
Net periodic pension cost	$	2,602		$	1,355

The Company did not make any contributions to the two Company sponsored pension plans during the first quarter of 2019. Contributions to the two Company-sponsored pension plans are expected to be in the range of $1 million to $2 million for the remainder of 2019.

Postretirement Benefits

The Company provides postretirement benefits for a portion of its current employees. The Company recognizes the cost of postretirement benefits, which consist principally of medical benefits, during covered employees’ periods of active service. The Company does not pre-fund these benefits and has the right to modify or terminate certain of these benefits in the future.

The components of net periodic postretirement benefit cost were as follows:

	First Quarter
(in thousands)	2019			2018
Service cost	$	389		$	502
Interest cost		693			696
Recognized net actuarial loss		196			499
Amortization of prior service cost		(324	)		(462	)
Net periodic postretirement benefit cost	$	954		$	1,235

Multi-Employer Benefits

Certain employees of the Company whose employment is covered under collective bargaining agreements participate in a multiemployer pension plan, the Employers-Teamsters Local Union Nos. 175 and 505 Pension Fund (the “Teamsters Plan”). The Company makes monthly contributions to the Teamsters Plan on behalf of such employees. The collective bargaining agreements covering the Teamsters Plan expire at various times by July 2021. The Company expects these agreements will be re-negotiated.

The risks of participating in the Teamsters Plan are different from single employer plans as contributed assets are pooled and may be used to provide benefits to employees of other participating employers. If a participating employer stops contributing to the Teamsters Plan, the unfunded obligations of the Teamsters Plan may be borne by the remaining participating employers. If the Company chooses to stop participating in the Teamsters Plan, the Company could be required to pay the Teamsters Plan a withdrawal liability based on the underfunded status of the Teamsters Plan. The Company does not anticipate withdrawing from the Teamsters Plan.

In 2015, the Company increased its contribution rates to the Teamsters Plan, with additional increases occurring annually, as part of a rehabilitation plan, which was incorporated into the renewal of collective bargaining agreements with the unions effective April 28, 2014 and adopted by the Company as a rehabilitation plan effective January 1, 2015. This was a result of the Teamsters Plan being certified by its actuary as being in “critical” status for the plan year beginning January 1, 2013.

Other Liabilities

3 Months Ended

Mar. 31, 2019

Other Liabilities Disclosure [Abstract]

Other Liabilities

18.Other Liabilities

Other liabilities consisted of the following:

(in thousands)	March 31, 2019		December 30, 2018
Noncurrent portion of acquisition related contingent consideration	$	361,669	$	349,905
Accruals for executive benefit plans		131,266		126,103
Noncurrent deferred proceeds from Territory Conversion Fee		84,592		85,163
Noncurrent deferred proceeds from Legacy Facilities Credit		30,169		30,369
Other		12,597		17,595
Total other liabilities	$	620,293	$	609,135

Debt

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Debt

19.Debt

Following is a summary of the Company’s debt:

(in thousands)	Maturity Date	Interest Rate	Interest Paid	Public or Nonpublic	March 31, 2019			December 30, 2018
Senior notes⁽¹⁾	4/15/2019	7.00%	Semi-annually	Public	$	110,000		$	110,000
Term loan facility⁽¹⁾	6/7/2021	Variable	Varies	Nonpublic		277,500			292,500
Senior notes	2/27/2023	3.28%	Semi-annually	Nonpublic		125,000			125,000
Revolving credit facility⁽²⁾	6/8/2023	Variable	Varies	Nonpublic		129,000			80,000
Senior notes	11/25/2025	3.80%	Semi-annually	Public		350,000			350,000
Senior notes	3/21/2030	3.96%	Quarterly	Nonpublic		150,000			150,000
Unamortized discount on senior notes⁽³⁾	4/15/2019					(11	)		(78	)
Unamortized discount on senior notes⁽³⁾	11/25/2025					(59	)		(61	)
Debt issuance costs						(2,930	)		(2,958	)
Total debt						1,138,500			1,104,403
Less: Current portion of debt						-			-
Long-term debt					$	1,138,500		$	1,104,403

⁽¹⁾

^{The senior notes due in 2019 were refinanced on April 10, 2019 using proceeds from the issuance of the senior notes due in 2026 (as discussed below). The Company intends to refinance the term loan facility, which has principal payments that will be due in the next twelve months, and has the capacity to do so under its revolving credit facility, which is classified as long-term debt. As such, any amounts due in the next twelve months were classified as noncurrent.}

⁽²⁾

^{The Company’s revolving credit facility has an aggregate maximum borrowing capacity of $500 million, which may be increased at the Company’s option to $750 million, subject to obtaining commitments from the lenders and satisfying other conditions specified in the credit agreement. The Company currently believes all banks participating in the revolving credit facility have the ability to and will meet any funding requests from the Company.}

⁽³⁾	^{The senior notes due in 2019 were issued at 98.238% of par and the senior notes due in 2025 were issued at 99.975% of par.}

The Company mitigates its financing risk by using multiple financial institutions and only entering into credit arrangements with institutions with investment grade credit ratings. The Company monitors counterparty credit ratings on an ongoing basis.

Subsequent to the end of the first quarter of 2019, on April 10, 2019, the Company sold $100 million aggregate principal amount of senior unsecured notes due in 2026 to MetLife Investment Advisors, LLC (“MetLife”) and certain of its affiliates pursuant to a Note

Purchase and Private Shelf Agreement dated January 23, 2019 between the Company, MetLife and the other parties thereto. These notes bear interest at 3.93%, payable quarterly in arrears on each January 10, April 10, July 10 and October 10, commencing on July 10, 2019, and will mature on October 10, 2026, unless earlier redeemed by the Company. The Company used the proceeds to refinance the senior notes due on April 15, 2019. The Company may request that MetLife consider the purchase of additional senior unsecured notes of the Company under the agreement in an aggregate principal amount of up to $200 million.

The indentures under which the Company’s public debt was issued do not include financial covenants but do limit the incurrence of certain liens and encumbrances as well as indebtedness by the Company’s subsidiaries in excess of certain amounts. The agreements under which the Company’s nonpublic debt were issued include two financial covenants: a consolidated cash flow/fixed charges ratio and a consolidated funded indebtedness/cash flow ratio, each as defined in the respective agreements. The Company was in compliance with these covenants as of March 31, 2019. These covenants do not currently, and the Company does not anticipate they will, restrict its liquidity or capital resources.

All outstanding long-term debt has been issued by the Company and none has been issued by any of its subsidiaries. There are no guarantees of the Company’s debt.

Commitments and Contingencies

3 Months Ended

Mar. 31, 2019

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

20.Commitments and Contingencies

Manufacturing Cooperatives

The Company is obligated to purchase at least 80% of its requirements of plastic bottles for certain designated territories from Southeastern. The Company is also obligated to purchase 17.5 million cases of finished product from SAC on an annual basis through June 2024. The Company purchased 6.8 million cases and 7.2 million cases of finished product from SAC in the first quarter of 2019 and the first quarter of 2018, respectively.

The following table summarizes the Company’s purchases from these manufacturing cooperatives:

	First Quarter
(in thousands)	2019		2018
Purchases from Southeastern	$	34,326	$	29,169
Purchases from SAC		37,446		38,076
Total purchases from manufacturing cooperatives	$	71,772	$	67,245

The Company guarantees a portion of SAC’s debt, which expires at various dates through 2021. The amounts guaranteed were $23.9 million on both March 31, 2019 and December 30, 2018. In the event SAC fails to fulfill its commitments under the related debt, the Company would be responsible for payments to the lenders up to the level of the guarantee. The Company does not anticipate SAC will fail to fulfill its commitment related to the debt. The Company further believes SAC has sufficient assets, including production equipment, facilities and working capital, and the ability to adjust selling prices of its products to adequately mitigate the risk of material loss from the Company’s guarantee.

The Company holds no assets as collateral against the SAC guarantee, the fair value of which is immaterial to the Company’s consolidated condensed financial statements. The Company monitors its investments in SAC and would be required to write down its investment if an impairment was identified and the Company determined it to be other than temporary. No impairment of the Company’s investments in SAC was identified as of March 31, 2019, and there was no impairment identified in 2018.

Other Commitments and Contingencies

The Company has standby letters of credit, primarily related to its property and casualty insurance programs. These letters of credit totaled $35.6 million as of both March 31, 2019 and December 30, 2018.

The Company participates in long-term marketing contractual arrangements with certain prestige properties, athletic venues and other locations. As of March 31, 2019, the future payments related to these contractual arrangements, which expire at various dates through 2033, amounted to $171.9 million.

The Company is involved in various claims and legal proceedings which have arisen in the ordinary course of its business. Although it is difficult to predict the ultimate outcome of these claims and legal proceedings, management believes that the ultimate disposition of these matters will not have a material adverse effect on the financial condition, cash flows or results of operations of the Company. No

material amount of loss in excess of recorded amounts is believed to be reasonably possible as a result of these claims and legal proceedings.

The Company is subject to audits by tax authorities in jurisdictions where it conducts business. These audits may result in assessments that are subsequently resolved with the authorities or potentially through the courts. Management believes the Company has adequately provided for any assessments likely to result from these audits; however, final assessments, if any, could be different than the amounts recorded in the consolidated condensed financial statements.

Capital Transactions

3 Months Ended

Mar. 31, 2019

Capital Transactions

21.Capital Transactions

During the first quarter of 2019, J. Frank Harrison, III was eligible to receive shares of the Company’s Class B Common Stock in connection with his services as Chairman of the Board of Directors and Chief Executive Officer of the Company during 2018, pursuant to a ten-year performance unit award agreement approved in 2008 (the “Performance Unit Award Agreement”). The Performance Unit Award Agreement expired at the end of 2018, with the final award issued in the first quarter of 2019.

During the first quarter of each year presented, the Compensation Committee of the Company’s Board of Directors (the “Committee”) determined whether any shares of the Company’s Class B Common Stock should be issued to J. Frank Harrison, III pursuant to the Performance Unit Award Agreement in connection with his services for the prior year. As permitted under the terms of the Performance Unit Award Agreement, a number of shares were settled in cash each year to satisfy tax withholding obligations in connection with the vesting of the performance units. The remaining number of shares increased the total shares of Class B Common Stock outstanding. A summary of the awards issued in 2019 and 2018 is as follows:

	Fiscal Year
	2019		2018
Date of approval for award	March 5, 2019		March 6, 2018
Fiscal year of service covered by award	2018		2017
Shares settled in cash to satisfy tax withholding obligations		15,476		16,504
Increase in Class B Common Stock shares outstanding		19,224		20,296
Total Class B Common Stock awarded		34,700		36,800

Compensation expense for the awards issued pursuant to the Performance Unit Award Agreement, recognized on the closing share price of the last trading day prior to the end of each fiscal period, was $2.0 million in the first quarter of 2019 and $0.8 million in the first quarter of 2018.

In 2018, the Committee and the Company’s stockholders approved a long-term performance equity plan (the “Long-Term Performance Equity Plan”), which will compensate J. Frank Harrison, III based on the Company’s performance. The Long-Term Performance Equity Plan succeeded the Performance Unit Award Agreement upon its expiration. Awards granted under the Long-Term Performance Equity Plan will be earned based on the Company’s attainment during a performance period of certain performance measures, each as specified by the Committee. These awards may be settled in cash and/or shares of Class B Common Stock, based on the average of the closing prices of shares of Common Stock during the last twenty trading days of the performance period. Compensation expense for the Long-Term Performance Equity Plan, which is included in SD&A expenses on the consolidated condensed statements of operations, was $3.8 million in the first quarter of 2019.

Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2019

Accumulated Other Comprehensive Income (Loss)

22.Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) (“AOCI(L)”) is comprised of adjustments relative to the Company’s pension and postretirement medical benefit plans and foreign currency translation adjustments required for a subsidiary of the Company that performs data analysis and provides consulting services outside the United States.

A summary of AOCI(L) for the first quarter of 2019 and the first quarter of 2018 is as follows:

(in thousands)	December 30, 2018			Pre-tax Activity			Tax Effect			March 31, 2019
Reclassification of stranded tax effects	$	-		$	-		$	(19,720	)	$	(19,720	)
Net pension activity:
Actuarial loss		(72,690	)		901			(222	)		(72,011	)
Prior service costs		(24	)		5			(1	)		(20	)
Net postretirement benefits activity:
Actuarial loss		(4,902	)		196			(48	)		(4,754	)
Prior service costs		351			(324	)		80			107
Foreign currency translation adjustment		-			(10	)		1			(9	)
Total AOCI(L)	$	(77,265	)	$	768		$	(19,910	)	$	(96,407	)

(in thousands)	December 31, 2017			Pre-tax Activity			Tax Effect			April 1, 2018
Net pension activity:
Actuarial loss	$	(78,618	)	$	933		$	(230	)	$	(77,915	)
Prior service costs		(43	)		6			(2	)		(39	)
Net postretirement benefits activity:
Actuarial loss		(17,299	)		499			(122	)		(16,922	)
Prior service costs		1,744			(462	)		114			1,396
Foreign currency translation adjustment		14			4			(1	)		17
Total AOCI(L)	$	(94,202	)	$	980		$	(241	)	$	(93,463	)

A summary of the impact of AOCI(L) on certain statements of operations line items is as follows:

	First Quarter 2019
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment			Total
Cost of sales	$	263	$	(67	)	$	-		$	196
Selling, delivery and administrative expenses		643		(61	)		(10	)		572
Subtotal pre-tax		906		(128	)		(10	)		768
Income tax expense		223		(32	)		(1	)		190
Total after tax effect	$	683	$	(96	)	$	(9	)	$	578

	First Quarter 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment		Total
Cost of sales	$	216	$	6	$	-	$	222
Selling, delivery and administrative expenses		723		31		4		758
Subtotal pre-tax		939		37		4		980
Income tax expense		232		8		1		241
Total after tax effect	$	707	$	29	$	3	$	739

Supplemental Disclosures of Cash Flow Information

3 Months Ended

Mar. 31, 2019

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures of Cash Flow Information

23.Supplemental Disclosures of Cash Flow Information

Changes in current assets and current liabilities affecting cash flows were as follows:

	First Quarter
(in thousands)	2019			2018
Accounts receivable, trade, net	$	13,388		$	(24,039	)
Accounts receivable from The Coca-Cola Company		(11,530	)		(3,647	)
Accounts receivable, other		(8,961	)		16,118
Inventories		(10,284	)		(23,545	)
Prepaid expenses and other current assets		562			(7,854	)
Accounts payable, trade		24,812			1,274
Accounts payable to The Coca-Cola Company		13,017			10,682
Other accrued liabilities		(52,034	)		(37,672	)
Accrued compensation		(29,211	)		(35,734	)
Accrued interest payable		3,227			4,423
Change in current assets less current liabilities	$	(57,014	)	$	(99,994	)

Significant Accounting Policies and New Accounting Pronouncements (Policies)

3 Months Ended

Mar. 31, 2019

Accounting Policies [Abstract]

Significant Accounting Policies

Recently Adopted Accounting Pronouncements

Revenue Recognition

Net sales by category were as follows:

	First Quarter
(in thousands)	2019		2018
Bottle/can sales:
Sparkling beverages (carbonated)	$	585,973	$	560,105
Still beverages (noncarbonated, including energy products)		343,695		320,917
Total bottle/can sales		929,668		881,022

Other sales:
Sales to other Coca-Cola bottlers		81,673		101,734
Post-mix and other		91,571		82,001
Total other sales		173,244		183,735

Total net sales	$	1,102,912	$	1,064,757

The following table represents a disaggregation of revenue from contracts with customers:

	First Quarter
(in thousands)	2019		2018
Point in time net sales:
Nonalcoholic - point in time	$	1,060,271	$	1,031,808
Total point in time net sales	$	1,060,271	$	1,031,808

Over time net sales:
Nonalcoholic - over time	$	11,956	$	8,614
Other - over time		30,685		24,335
Total over time net sales	$	42,641	$	32,949

Total net sales	$	1,102,912	$	1,064,757

Revenues do not include sales or other taxes collected from customers.

Lessees

•	Short-term lease exception: Allows the Company to not recognize leases with a contractual term of less than 12 months on the balance sheet.

•	Election to not separate non-lease components: Allows the Company to not separate lease and non-lease components and to account for both components as a single component, recognized on the balance sheet.

•

The Company has used the following policies and assumptions in evaluating its population of leases:

•

•	Lease term: The Company does not recognize leases with a contractual term of less than 12 months on the balance sheet. Lease expense for these short-term leases is expensed on a straight-line basis over the lease term.

•

•	Residual value guarantees, restrictions or covenants: The Company’s lease agreements do not contain residual value guarantees, restrictions or covenants.

Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Principal Balance Outstanding under Related Party Leases

A summary of the principal balance outstanding under these related party leases is as follows:

(in thousands)	March 31, 2019		December 30, 2018
Company headquarters	$	9,134	$	9,851
Snyder Production Center		7,243		8,141

Summary of Rental Payments Related to Leases

A summary of rental payments related to these leases is as follows:

	First Quarter
(in thousands)	2019		2018
Company headquarters	$	1,110	$	1,126
Snyder Production Center		1,080		1,049

The Coca-Cola Company [Member]

Summary of Significant Transactions between Company and The Coca-Cola Company

The following table and the subsequent descriptions summarize the significant transactions between the Company and The Coca‑Cola Company:

	First Quarter
(in thousands)	2019		2018
Payments made by the Company to The Coca-Cola Company for:
Concentrate, syrup, sweetener and other purchases	$	266,643	$	242,468
Customer marketing programs		33,292		34,582
Cold drink equipment parts		6,982		6,141

Payments made by The Coca-Cola Company to the Company for:
Marketing funding support payments	$	22,712	$	20,037
Fountain delivery and equipment repair fees		10,749		9,347
Facilitating the distribution of certain brands and packages to other Coca-Cola bottlers		999		3,868
Presence marketing funding support on the Company’s behalf		435		481

CCR [Member]

Summary of Liability to Estimated Fair Value of Contingent Consideration

The following table summarizes the liability recorded by the Company to reflect the estimated fair value of contingent consideration related to future sub‑bottling payments to CCR:

(in thousands)	March 31, 2019		December 30, 2018
Current portion of acquisition related contingent consideration	$	31,338	$	32,993
Noncurrent portion of acquisition related contingent consideration		361,669		349,905
Total acquisition related contingent consideration	$	393,007	$	382,898

Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2019

Revenue From Contract With Customer [Abstract]

Schedule of Net Sales By Category

Net sales by category were as follows:

	First Quarter
(in thousands)	2019		2018
Bottle/can sales:
Sparkling beverages (carbonated)	$	585,973	$	560,105
Still beverages (noncarbonated, including energy products)		343,695		320,917
Total bottle/can sales		929,668		881,022

Other sales:
Sales to other Coca-Cola bottlers		81,673		101,734
Post-mix and other		91,571		82,001
Total other sales		173,244		183,735

Total net sales	$	1,102,912	$	1,064,757

Disaggregation of Revenue from Contracts with Customers

The following table represents a disaggregation of revenue from contracts with customers:

	First Quarter
(in thousands)	2019		2018
Point in time net sales:
Nonalcoholic - point in time	$	1,060,271	$	1,031,808
Total point in time net sales	$	1,060,271	$	1,031,808

Over time net sales:
Nonalcoholic - over time	$	11,956	$	8,614
Other - over time		30,685		24,335
Total over time net sales	$	42,641	$	32,949

Total net sales	$	1,102,912	$	1,064,757

Segments (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Summary of Financial Information by Segment

The Company’s segment results are as follows:

	First Quarter
(in thousands)	2019			2018
Net sales:
Nonalcoholic Beverages⁽¹⁾	$	1,072,227		$	1,040,422
All Other		87,915			86,599
Eliminations⁽²⁾		(57,230	)		(62,264	)
Consolidated net sales	$	1,102,912		$	1,064,757

Income (loss) from operations:
Nonalcoholic Beverages	$	14,641		$	(22,745	)
All Other		5,513			3,748
Consolidated income (loss) from operations	$	20,154		$	(18,997	)

Depreciation and amortization:
Nonalcoholic Beverages	$	43,351		$	44,825
All Other		2,421			2,395
Consolidated depreciation and amortization	$	45,772		$	47,220

⁽¹⁾

⁽²⁾	^{The entire net sales elimination for each period presented represents net sales from All Other to the Nonalcoholic Beverages segment. Sales between these segments are recognized at either fair market value or cost depending on the nature of the transaction.}

Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Computation of Basic Net Loss Per Share and Diluted Net Loss Per Share

The following table sets forth the computation of basic net loss per share and diluted net loss per share under the two-class method:

	First Quarter
(in thousands, except per share data)	2019			2018
Numerator for basic and diluted net loss per Common Stock and Class B Common Stock share:
Net loss attributable to Coca-Cola Consolidated, Inc.	$	(6,831	)	$	(14,185	)
Less dividends:
Common Stock		1,785			1,785
Class B Common Stock		554			548
Total undistributed losses	$	(9,170	)	$	(16,518	)

Common Stock undistributed losses – basic	$	(6,996	)	$	(12,629	)
Class B Common Stock undistributed losses – basic		(2,174	)		(3,889	)
Total undistributed losses – basic	$	(9,170	)	$	(16,518	)

Common Stock undistributed losses – diluted	$	(6,996	)	$	(12,629	)
Class B Common Stock undistributed losses – diluted		(2,174	)		(3,889	)
Total undistributed losses – diluted	$	(9,170	)	$	(16,518	)

Numerator for basic net loss per Common Stock share:
Dividends on Common Stock	$	1,785		$	1,785
Common Stock undistributed losses – basic		(6,996	)		(12,629	)
Numerator for basic net loss per Common Stock share	$	(5,211	)	$	(10,844	)

	First Quarter
(in thousands, except per share data)	2019			2018
Numerator for basic net loss per Class B Common Stock share:
Dividends on Class B Common Stock	$	554		$	548
Class B Common Stock undistributed losses – basic		(2,174	)		(3,889	)
Numerator for basic net loss per Class B Common Stock share	$	(1,620	)	$	(3,341	)

Numerator for diluted net loss per Common Stock share:
Dividends on Common Stock	$	1,785		$	1,785
Dividends on Class B Common Stock assumed converted to Common Stock		554			548
Common Stock undistributed losses – diluted		(9,170	)		(16,518	)
Numerator for diluted net loss per Common Stock share	$	(6,831	)	$	(14,185	)

Numerator for diluted net loss per Class B Common Stock share:
Dividends on Class B Common Stock	$	554		$	548
Class B Common Stock undistributed losses – diluted		(2,174	)		(3,889	)
Numerator for diluted net loss per Class B Common Stock share	$	(1,620	)	$	(3,341	)

Denominator for basic net loss per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – basic		7,141			7,141
Class B Common Stock weighted average shares outstanding – basic		2,219			2,199

Denominator for diluted net loss per Common Stock and Class B Common Stock share:
Common Stock weighted average shares outstanding – diluted (assumes conversion of Class B Common Stock to Common Stock)		9,360			9,340
Class B Common Stock weighted average shares outstanding – diluted		2,219			2,199

Basic net loss per share:
Common Stock	$	(0.73	)	$	(1.52	)
Class B Common Stock	$	(0.73	)	$	(1.52	)

Diluted net loss per share:
Common Stock	$	(0.73	)	$	(1.52	)
Class B Common Stock	$	(0.73	)	$	(1.52	)

NOTES TO TABLE

⁽¹⁾	For purposes of the diluted net loss per share computation for Common Stock, all shares of Class B Common Stock are assumed to be converted; therefore, 100% of undistributed losses is allocated to Common Stock.

⁽²⁾	For purposes of the diluted net loss per share computation for Class B Common Stock, weighted average shares of Class B Common Stock are assumed to be outstanding for the entire period and not converted.

⁽³⁾

⁽⁴⁾	The Company does not have anti-dilutive shares.

Inventories (Tables)

3 Months Ended

Mar. 31, 2019

Inventory Disclosure [Abstract]

Summary of Inventories

Inventories consisted of the following:

(in thousands)	March 31, 2019		December 30, 2018
Finished products	$	145,240	$	135,561
Manufacturing materials		37,049		39,840
Plastic shells, plastic pallets and other inventories		38,028		34,632
Total inventories	$	220,317	$	210,033

Prepaid Expenses and Other Current Assets (Tables)

3 Months Ended

Mar. 31, 2019

Prepaid Expense And Other Assets [Abstract]

Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

(in thousands)	March 31, 2019		December 30, 2018
Repair parts	$	25,395	$	26,846
Prepayments for sponsorship contracts		7,042		7,557
Prepaid software		6,015		6,553
Prepaid marketing		5,867		6,097
Current portion of income taxes		5,315		6,637
Other prepaid expenses and other current assets		19,723		16,990
Total prepaid expenses and other current assets	$	69,357	$	70,680

Property, Plant and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2019

Property Plant And Equipment [Abstract]

Principal Categories and Estimated Useful Lives of Property, Plant and Equipment, Net

The principal categories and estimated useful lives of property, plant and equipment, net were as follows:

(in thousands)	March 31, 2019		December 30, 2018		Estimated Useful Lives
Land	$	77,949	$	78,242
Buildings		218,075		218,846	8-50 years
Machinery and equipment		327,547		328,034	5-20 years
Transportation equipment		373,980		372,895	4-20 years
Furniture and fixtures		90,277		89,439	3-10 years
Cold drink dispensing equipment		495,013		491,161	5-17 years
Leasehold and land improvements		132,704		132,837	5-20 years
Software for internal use		122,603		122,604	3-10 years
Construction in progress		19,973		15,142
Total property, plant and equipment, at cost		1,858,121		1,849,200
Less: Accumulated depreciation and amortization		887,622		858,668
Property, plant and equipment, net	$	970,499	$	990,532

Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Population of Leases

Following is a summary of the weighted average remaining lease term and weighted average discount rate for the Company’s population of leases as of March 31, 2019:

	March 31, 2019
Weighted average remaining lease term:
Operating leases	7.6 years
Financing leases	5.1 years
Weighted average discount rate:
Operating leases		3.9	%
Financing leases		5.8	%

Summary of Balances Related to Lease Portfolio within Consolidated Condensed Statement of Operations

Following is a summary of balances related to the Company’s lease portfolio within the Company’s consolidated condensed statement of operations for the first quarter of 2019:

(in thousands)	First Quarter 2019
Cost of sales impact:
Operating leases costs	$	1,341
Short-term and variable leases		2,262
Depreciation expense from financing leases⁽¹⁾		353
Total cost of sales impact	$	3,956

Selling, delivery and administrative expenses impact:
Operating leases costs	$	2,896
Short-term and variable leases		1,059
Depreciation expense from financing leases⁽¹⁾		1,139
Total selling, delivery and administrative expenses impact	$	5,094

Interest expense, net impact:
Interest payments on financing lease obligations⁽²⁾	$	702
Total interest expense, net impact	$	702

Total lease cost	$	9,752

⁽¹⁾	^{During the first quarter of 2018, the Company had depreciation expense from capital leases of $0.4 million and $1.1 million in cost of sales and SD&A expenses, respectively.}

⁽²⁾	^{During the first quarter of 2018, the Company had interest payments on capital lease obligations of $0.9 million.}

Summary of Future Minimum Lease Payments For Noncancelable Operating And Financing Leases

Following is a summary of future minimum lease payments for all noncancelable operating leases and financing leases as of March 31, 2019:

(in thousands)	Operating Leases		Financing Leases		Total
Remainder of 2019	$	12,426	$	7,830	$	20,256
2020		16,444		10,611		27,055
2021		14,251		6,215		20,466
2022		11,636		2,694		14,330
2023		10,050		2,750		12,800
Thereafter		34,245		8,214		42,459
Total minimum lease payments including interest	$	99,052	$	38,314	$	137,366
Less: Amounts representing interest		14,152		4,966		19,118
Present value of minimum lease principal payments		84,900		33,348		118,248
Less: Current portion of lease liabilities - operating and financing leases		13,555		8,833		22,388
Noncurrent portion of lease liabilities - operating and financing leases	$	71,345	$	24,515	$	95,860

Summary of Future Minimum Lease Payments For Noncancelable Operating And Capital Leases

Following is a summary of future minimum lease payments for all noncancelable operating leases and capital leases as of December 30, 2018:

(in thousands)	Operating Leases		Capital Leases		Total
2019	$	14,146	$	10,434	$	24,580
2020		13,526		10,613		24,139
2021		12,568		6,218		18,786
2022		11,161		2,697		13,858
2023		10,055		2,753		12,808
Thereafter		33,805		8,106		41,911
Total minimum lease payments including interest	$	95,261	$	40,821	$	136,082
Less: Amounts representing interest				5,573
Present value of minimum lease principal payments				35,248
Less: Current portion of lease liabilities - capital leases				8,617
Noncurrent portion of lease liabilities - capital leases			$	26,631

Summary of Balances Related to Lease Portfolio within Consolidated Condensed Statement of Cash Flow

Following is a summary of balances related to the Company’s lease portfolio within the Company’s consolidated condensed statements of cash flows for the first quarter of 2019:

(in thousands)	First Quarter 2019
Cash flows from operating activities impact:
Operating leases	$	4,136
Interest payments on financing lease obligations⁽¹⁾		702
Total cash flows from operating activities impact	$	4,838

Cash flows from financing activities:
Principal payments on financing lease obligations⁽¹⁾	$	2,114
Total cash flows from financing activities impact	$	2,114

⁽¹⁾	^{During the first quarter of 2018, the Company had principal payments on capital lease obligations of $2.1 million and interest payments on capital lease obligations of $0.9 million.}

Goodwill (Tables)

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Reconciliation of Activity for Goodwill

A reconciliation of the activity for goodwill for the first quarter of 2019 and the first quarter of 2018 is as follows:

	First Quarter
(in thousands)	2019		2018
Beginning balance - goodwill	$	165,903	$	169,316
Measurement period adjustments⁽¹⁾		-		946
Ending balance - goodwill	$	165,903	$	170,262

⁽¹⁾

Distribution Agreements, Net (Tables) - Distribution Agreements [Member]

3 Months Ended

Mar. 31, 2019

Reconciliation of Activity for Other Identifiable Intangible Assets Net

Distribution agreements, net, which are amortized on a straight-line basis and have an estimated useful life of 10 to 40 years, consisted of the following:

(in thousands)	March 31, 2019			December 30, 2018
Distribution agreements at cost	$	950,549		$	950,559
Less: Accumulated amortization		(56,280	)		(50,176	)
Distribution agreements, net	$	894,269		$	900,383

A reconciliation of the activity for distribution agreements, net for the first quarter of 2019 and the first quarter of 2018 is as follows:

	First Quarter
(in thousands)	2019			2018
Beginning balance - distribution agreements, net	$	900,383		$	913,352
Other distribution agreements		(10	)		-
Additional accumulated amortization		(6,104	)		(5,952	)
Ending balance - distribution agreements, net	$	894,269		$	907,400

Customer Lists and Other Identifiable Intangible Assets, Net (Tables) - Customer Lists and Other Identifiable Intangible Assets [Member]

3 Months Ended

Mar. 31, 2019

Reconciliation of Activity for Other Identifiable Intangible Assets Net

Customer lists and other identifiable intangible assets, net, which are amortized on a straight-line basis and have an estimated useful life of 5 to 12 years, consisted of the following:

(in thousands)	March 31, 2019			December 30, 2018
Customer lists and other identifiable intangible assets at cost	$	25,288		$	25,288
Less: Accumulated amortization		(9,266	)		(8,806	)
Customer lists and other identifiable intangible assets, net	$	16,022		$	16,482

A reconciliation of the activity for customer lists and other identifiable intangible assets, net for the first quarter of 2019 and the first quarter of 2018 is as follows:

	First Quarter
(in thousands)	2019			2018
Beginning balance - customer lists and other identifiable intangible assets, net	$	16,482		$	18,320
Additional accumulated amortization		(460	)		(459	)
Ending balance - customer lists and other identifiable intangible assets, net	$	16,022		$	17,861

Other Accrued Liabilities (Tables)

3 Months Ended

Mar. 31, 2019

Payables And Accruals [Abstract]

Summary of Other Accrued Liabilities

Other accrued liabilities consisted of the following:

(in thousands)	March 31, 2019		December 30, 2018
Accrued insurance costs	$	40,387	$	37,916
Checks and transfers yet to be presented for payment from zero balance cash accounts		37,935		72,701
Current portion of acquisition related contingent consideration		31,338		32,993
Employee and retiree benefit plan accruals		24,903		29,300
Accrued marketing costs		25,633		31,475
Accrued taxes (other than income taxes)		8,935		4,577
Commodity hedges at fair market value		3,950		10,305
Current deferred proceeds from Territory Conversion Fee		2,286		2,286
All other accrued expenses		22,388		28,693
Total other accrued liabilities	$	197,755	$	250,246

Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Pre-Tax Changes in Fair Value

		First Quarter
(in thousands)	Classification of Gain (Loss)	2019		2018
Commodity hedges	Cost of sales	$	3,905	$	(2,765	)
Commodity hedges	Selling, delivery and administrative expenses		2,715		(202	)
Total gain (loss)		$	6,620	$	(2,967	)

Summary of Fair Values and Classification in Consolidated Condensed Balance Sheets of Derivative Instruments

The following table summarizes the fair values and classification in the consolidated condensed balance sheets of derivative instruments held by the Company:

(in thousands)	Balance Sheet Classification	March 31, 2019		December 30, 2018
Assets:
Commodity hedges at fair market value	Other assets	$	265	$	-
Total assets		$	265	$	-

Liabilities:
Commodity hedges at fair market value	Other accrued liabilities	$	3,950	$	10,305
Total liabilities		$	3,950	$	10,305

Summary of Gross Derivative Assets and Gross Derivative Liabilities in Consolidated Condensed Balance Sheets

The following table summarizes the Company’s gross derivative assets and gross derivative liabilities in the consolidated condensed balance sheets

(in thousands)	March 31, 2019		December 30, 2018
Gross derivative assets	$	25,958	$	28,305
Gross derivative liabilities		29,643		38,610

Summary of Outstanding Commodity Derivative Agreements

The following table summarizes the Company’s outstanding commodity derivative agreements:

(in thousands)	March 31, 2019		December 30, 2018
Notional amount of outstanding commodity derivative agreements	$	152,044	$	168,388
Latest maturity date of outstanding commodity derivative agreements	December 2020		December 2019

Fair Values of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Fair Value Disclosures [Abstract]

Deferred Compensation Plan Commodity Hedging Agreements and Acquisition Related Contingent Consideration

	March 31, 2019
	Carrying		Total		Fair Value		Fair Value		Fair Value
(in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Deferred compensation plan assets	$	36,755	$	36,755	$	36,755	$	-	$	-
Commodity hedging agreements		265		265		-		265		-
Liabilities:
Deferred compensation plan liabilities		36,755		36,755		36,755		-		-
Commodity hedging agreements		3,950		3,950		-		3,950		-
Nonpublic variable rate debt		406,119		406,500		-		406,500		-
Nonpublic fixed rate debt		274,701		265,200		-		265,200		-
Public debt securities		457,680		464,700		-		464,700		-
Acquisition related contingent consideration		393,007		393,007		-		-		393,007

	December 30, 2018
	Carrying		Total		Fair Value		Fair Value		Fair Value
(in thousands)	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Deferred compensation plan assets	$	33,160	$	33,160	$	33,160	$	-	$	-
Liabilities:
Deferred compensation plan liabilities		33,160		33,160		33,160		-		-
Commodity hedging agreements		10,305		10,305		-		10,305		-
Nonpublic variable rate debt		372,074		372,500		-		372,500		-
Nonpublic fixed rate debt		274,717		261,200		-		261,200		-
Public debt securities		457,612		455,400		-		455,400		-
Acquisition related contingent consideration		382,898		382,898		-		-		382,898

Summary of Reconciliation of Acquisition Related Contingent Consideration

The acquisition related contingent consideration is the Company’s only Level 3 asset or liability. A reconciliation of the Level 3 activity is as follows:

	First Quarter
(in thousands)	2019			2018
Beginning balance - Level 3 liability	$	382,898		$	381,291
Measurement period adjustment⁽¹⁾		-			(1,059	)
Payment of acquisition related contingent consideration		(6,237	)		(5,882	)
Reclassification to current payables		2,300			(360	)
(Favorable)/unfavorable fair value adjustment		14,046			(5,186	)
Ending balance - Level 3 liability	$	393,007		$	368,804

⁽¹⁾

Pension and Postretirement Benefit Obligations (Tables)

3 Months Ended

Mar. 31, 2019

Compensation And Retirement Disclosure [Abstract]

Components of Net Periodic Pension Cost

The components of net periodic pension cost were as follows:

	First Quarter
(in thousands)	2019			2018
Service cost	$	1,207		$	1,412
Interest cost		3,063			2,856
Expected return on plan assets		(2,574	)		(3,852	)
Recognized net actuarial loss		901			933
Amortization of prior service cost		5			6
Net periodic pension cost	$	2,602		$	1,355

Components of Net Periodic Postretirement Benefit Cost

The components of net periodic postretirement benefit cost were as follows:

	First Quarter
(in thousands)	2019			2018
Service cost	$	389		$	502
Interest cost		693			696
Recognized net actuarial loss		196			499
Amortization of prior service cost		(324	)		(462	)
Net periodic postretirement benefit cost	$	954		$	1,235

Other Liabilities (Tables)

3 Months Ended

Mar. 31, 2019

Other Liabilities Disclosure [Abstract]

Summary of Other Liabilities

Other liabilities consisted of the following:

(in thousands)	March 31, 2019		December 30, 2018
Noncurrent portion of acquisition related contingent consideration	$	361,669	$	349,905
Accruals for executive benefit plans		131,266		126,103
Noncurrent deferred proceeds from Territory Conversion Fee		84,592		85,163
Noncurrent deferred proceeds from Legacy Facilities Credit		30,169		30,369
Other		12,597		17,595
Total other liabilities	$	620,293	$	609,135

Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Summary of Debt

Following is a summary of the Company’s debt:

(in thousands)	Maturity Date	Interest Rate	Interest Paid	Public or Nonpublic	March 31, 2019			December 30, 2018
Senior notes⁽¹⁾	4/15/2019	7.00%	Semi-annually	Public	$	110,000		$	110,000
Term loan facility⁽¹⁾	6/7/2021	Variable	Varies	Nonpublic		277,500			292,500
Senior notes	2/27/2023	3.28%	Semi-annually	Nonpublic		125,000			125,000
Revolving credit facility⁽²⁾	6/8/2023	Variable	Varies	Nonpublic		129,000			80,000
Senior notes	11/25/2025	3.80%	Semi-annually	Public		350,000			350,000
Senior notes	3/21/2030	3.96%	Quarterly	Nonpublic		150,000			150,000
Unamortized discount on senior notes⁽³⁾	4/15/2019					(11	)		(78	)
Unamortized discount on senior notes⁽³⁾	11/25/2025					(59	)		(61	)
Debt issuance costs						(2,930	)		(2,958	)
Total debt						1,138,500			1,104,403
Less: Current portion of debt						-			-
Long-term debt					$	1,138,500		$	1,104,403

⁽¹⁾

⁽²⁾

⁽³⁾	^{The senior notes due in 2019 were issued at 98.238% of par and the senior notes due in 2025 were issued at 99.975% of par.}

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2019

Commitments And Contingencies Disclosure [Abstract]

Summary of Company's Purchases from Manufacturing Cooperatives

The following table summarizes the Company’s purchases from these manufacturing cooperatives:

	First Quarter
(in thousands)	2019		2018
Purchases from Southeastern	$	34,326	$	29,169
Purchases from SAC		37,446		38,076
Total purchases from manufacturing cooperatives	$	71,772	$	67,245

Capital Transactions (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Awards

A summary of the awards issued in 2019 and 2018 is as follows:

	Fiscal Year
	2019		2018
Date of approval for award	March 5, 2019		March 6, 2018
Fiscal year of service covered by award	2018		2017
Shares settled in cash to satisfy tax withholding obligations		15,476		16,504
Increase in Class B Common Stock shares outstanding		19,224		20,296
Total Class B Common Stock awarded		34,700		36,800

Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Accumulated Other Comprehensive (Loss)

A summary of AOCI(L) for the first quarter of 2019 and the first quarter of 2018 is as follows:

(in thousands)	December 30, 2018			Pre-tax Activity			Tax Effect			March 31, 2019
Reclassification of stranded tax effects	$	-		$	-		$	(19,720	)	$	(19,720	)
Net pension activity:
Actuarial loss		(72,690	)		901			(222	)		(72,011	)
Prior service costs		(24	)		5			(1	)		(20	)
Net postretirement benefits activity:
Actuarial loss		(4,902	)		196			(48	)		(4,754	)
Prior service costs		351			(324	)		80			107
Foreign currency translation adjustment		-			(10	)		1			(9	)
Total AOCI(L)	$	(77,265	)	$	768		$	(19,910	)	$	(96,407	)

(in thousands)	December 31, 2017			Pre-tax Activity			Tax Effect			April 1, 2018
Net pension activity:
Actuarial loss	$	(78,618	)	$	933		$	(230	)	$	(77,915	)
Prior service costs		(43	)		6			(2	)		(39	)
Net postretirement benefits activity:
Actuarial loss		(17,299	)		499			(122	)		(16,922	)
Prior service costs		1,744			(462	)		114			1,396
Foreign currency translation adjustment		14			4			(1	)		17
Total AOCI(L)	$	(94,202	)	$	980		$	(241	)	$	(93,463	)

Summary of Impact of Accumulated Other Comprehensive Income (Loss) on Statement of Operations

A summary of the impact of AOCI(L) on certain statements of operations line items is as follows:

	First Quarter 2019
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity			Foreign Currency Translation Adjustment			Total
Cost of sales	$	263	$	(67	)	$	-		$	196
Selling, delivery and administrative expenses		643		(61	)		(10	)		572
Subtotal pre-tax		906		(128	)		(10	)		768
Income tax expense		223		(32	)		(1	)		190
Total after tax effect	$	683	$	(96	)	$	(9	)	$	578

	First Quarter 2018
(in thousands)	Net Pension Activity		Net Postretirement Benefits Activity		Foreign Currency Translation Adjustment		Total
Cost of sales	$	216	$	6	$	-	$	222
Selling, delivery and administrative expenses		723		31		4		758
Subtotal pre-tax		939		37		4		980
Income tax expense		232		8		1		241
Total after tax effect	$	707	$	29	$	3	$	739

Supplemental Disclosures of Cash Flow Information (Tables)

3 Months Ended

Mar. 31, 2019

Supplemental Cash Flow Elements [Abstract]

Summary of Changes in Current Assets and Current Liabilities Affecting Cash Flows

Changes in current assets and current liabilities affecting cash flows were as follows:

	First Quarter
(in thousands)	2019			2018
Accounts receivable, trade, net	$	13,388		$	(24,039	)
Accounts receivable from The Coca-Cola Company		(11,530	)		(3,647	)
Accounts receivable, other		(8,961	)		16,118
Inventories		(10,284	)		(23,545	)
Prepaid expenses and other current assets		562			(7,854	)
Accounts payable, trade		24,812			1,274
Accounts payable to The Coca-Cola Company		13,017			10,682
Other accrued liabilities		(52,034	)		(37,672	)
Accrued compensation		(29,211	)		(35,734	)
Accrued interest payable		3,227			4,423
Change in current assets less current liabilities	$	(57,014	)	$	(99,994	)

Significant Accounting Policies and New Accounting Pronouncements - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2019 USD ($)
Accounting Policies [Abstract]
Cumulative effect adjustment increase in retained earnings	$ 19.7

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Apr. 01, 2018	Dec. 31, 2017	Dec. 30, 2018
Related Party Transaction [Line Items]
Payment of acquisition related contingent consideration	$ 6,237	$ 5,882
Accounts receivable from The Coca-Cola Company	$ 56,445			$ 44,915
Legacy Facilities Credit [Member]
Related Party Transaction [Line Items]
Amount of compensation paid			$ 44,300
Amortization period as reduction to cost of sales			40 years
The Coca-Cola Company [Member]
Related Party Transaction [Line Items]
Percentage of interest held in outstanding common stock by The Coca-Cola Company	27.00%
Voting power of stock held by related party	5.00%
Harrison Family [Member]
Related Party Transaction [Line Items]
Voting power of stock held by related party	86.00%
CCR [Member]
Related Party Transaction [Line Items]
Amortization period as reduction to cost of sales			40 years
Fee received pursuant to territory conversion agreement			$ 91,500
CCR [Member] \| Comprehensive Beverage Agreement [Member]
Related Party Transaction [Line Items]
Payment of acquisition related contingent consideration	$ 6,200	5,900
Southeastern [Member] \| Other Assets [Member]
Related Party Transaction [Line Items]
Equity investments	23,500			23,600
SAC [Member]
Related Party Transaction [Line Items]
Proceeds from management fees received from SAC	2,200	2,200
SAC [Member] \| Other Assets [Member]
Related Party Transaction [Line Items]
Equity investments	8,200			8,200
CCBSS [Member]
Related Party Transaction [Line Items]
Accounts receivable from The Coca-Cola Company	9,800			10,400
Administrative fees due to CCBSS	300	700
CONA [Member]
Related Party Transaction [Line Items]
Service fees	5,300	$ 4,000
CONA [Member] \| Other Assets [Member]
Related Party Transaction [Line Items]
Equity investments	$ 8,500			$ 8,000
Beacon Investment Corporation [Member]
Related Party Transaction [Line Items]
Lease expiration date	Dec. 31, 2021
HLP, SPC & Adjacent Sales Facility [Member]
Related Party Transaction [Line Items]
Lease expiration date	Dec. 31, 2020

Related Party Transactions - Summary of Significant Transactions between Company and The Coca-Cola Company (Detail) - The Coca-Cola Company [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Related Party Transaction [Line Items]
Concentrate, syrup, sweetener and other purchases	$ 266,643	$ 242,468
Customer marketing programs	33,292	34,582
Cold drink equipment parts	6,982	6,141
Marketing funding support payments	22,712	20,037
Fountain delivery and equipment repair fees	10,749	9,347
Facilitating the distribution of certain brands and packages to other Coca-Cola bottlers	999	3,868
Presence marketing funding support on the Company’s behalf	$ 435	$ 481

Related Party Transactions - Summary of Liability to Estimated Fair Value of Contingent Consideration (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018
Related Party Transaction [Line Items]
Current portion of acquisition related contingent consideration	$ 31,338	$ 32,993
Noncurrent portion of acquisition related contingent consideration	361,669	349,905
CCR [Member] \| Comprehensive Beverage Agreement [Member]
Related Party Transaction [Line Items]
Current portion of acquisition related contingent consideration	31,338	32,993
Noncurrent portion of acquisition related contingent consideration	361,669	349,905
Total acquisition related contingent consideration	$ 393,007	$ 382,898

Related Party Transactions - Summary of Principal Balance Outstanding under Related Party Leases (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018
Related Party Transaction [Line Items]
Principal balance outstanding under lease	$ 33,348
Beacon Investment Corporation [Member]
Related Party Transaction [Line Items]
Principal balance outstanding under lease	9,134	$ 9,851
HLP, SPC & Adjacent Sales Facility [Member]
Related Party Transaction [Line Items]
Principal balance outstanding under lease	$ 7,243	$ 8,141

Related Party Transactions - Summary of Rental Payments Related to Leases (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Beacon Investment Corporation [Member]
Related Party Transaction [Line Items]
Rental payments related to leases	$ 1,110	$ 1,126
HLP, SPC & Adjacent Sales Facility [Member]
Related Party Transaction [Line Items]
Rental payments related to leases	$ 1,080	$ 1,049

Revenue Recognition - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2019 USD ($) Category	Apr. 01, 2018 USD ($)	Dec. 30, 2018 USD ($)
Revenue From Contract With Customer [Line Items]
Description of payment from customers	within 30 days from the date of sale
Number of sales \| Category	2
Reserve for customer return	$ 3.6		$ 2.3
Distribution Rights and Sponsorship Privileges [Member]
Revenue From Contract With Customer [Line Items]
Impact to net sales and SD&A expenses		$ 7.3
Point in Time Net Sales [Member]
Revenue From Contract With Customer [Line Items]
Sales percentage	96.00%	97.00%
Bottle/Can Sales [Member]
Revenue From Contract With Customer [Line Items]
Sales percentage	84.00%	83.00%
Bottle/Can Sales [Member] \| Sparkling Beverage [Member]
Revenue From Contract With Customer [Line Items]
Sales percentage	63.00%	64.00%
Bottle/Can Sales [Member] \| Post-Mix and Other [Member]
Revenue From Contract With Customer [Line Items]
Sales return estimated percentage	1.00%

Revenue Recognition - Schedule of Net Sales By Category (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Revenue From Contract With Customer [Line Items]
Net sales	$ 1,102,912	$ 1,064,757
Bottle/Can Sales [Member]
Revenue From Contract With Customer [Line Items]
Net sales	929,668	881,022
Bottle/Can Sales [Member] \| Sparkling Beverages (Carbonated) [Member]
Revenue From Contract With Customer [Line Items]
Net sales	585,973	560,105
Bottle/Can Sales [Member] \| Still Beverages (Noncarbonated, Including Energy Products) [Member]
Revenue From Contract With Customer [Line Items]
Net sales	343,695	320,917
Other Sales [Member]
Revenue From Contract With Customer [Line Items]
Net sales	173,244	183,735
Other Sales [Member] \| Sales to Other Coca-Cola Bottlers [Member]
Revenue From Contract With Customer [Line Items]
Net sales	81,673	101,734
Other Sales [Member] \| Post-Mix and Other [Member]
Revenue From Contract With Customer [Line Items]
Net sales	$ 91,571	$ 82,001

Revenue Recognition - Disaggregation of Revenue from Contracts with Customers (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Disaggregation Of Revenue [Line Items]
Net sales	$ 1,102,912	$ 1,064,757
Point in Time Net Sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,060,271	1,031,808
Point in Time Net Sales [Member] \| Nonalcoholic [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,060,271	1,031,808
Over Time Net Sales [Member]
Disaggregation Of Revenue [Line Items]
Net sales	42,641	32,949
Over Time Net Sales [Member] \| Nonalcoholic [Member]
Disaggregation Of Revenue [Line Items]
Net sales	11,956	8,614
Over Time Net Sales [Member] \| Other - Over Time [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 30,685	$ 24,335

Segments - Additional Information (Detail)	3 Months Ended
Segments - Additional Information (Detail)	Mar. 31, 2019 Segment
Segment Reporting Information [Line Items]
Number of operating segments	4
All Other [Member]
Segment Reporting Information [Line Items]
Number of operating segments	3

Segments - Summary of Financial Information by Segment (Detail) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2019

Apr. 01, 2018

Income (loss) from operations

$ 1,102,912

$ 1,064,757

Income (loss) from operations:

20,154

(18,997)

Depreciation and amortization:

Depreciation and Amortization

45,772

47,220

Operating Segments [Member] | Nonalcoholic Beverages [Member]

Income (loss) from operations

^[1]

1,072,227

1,040,422

Income (loss) from operations:

14,641

(22,745)

Depreciation and amortization:

Depreciation and Amortization

43,351

44,825

Operating Segments [Member] | All Other [Member]

Income (loss) from operations

87,915

86,599

Income (loss) from operations:

5,513

3,748

Depreciation and amortization:

Depreciation and Amortization

2,421

2,395

Eliminations [Member]

^[2]

$ (57,230)

$ (62,264)

[1]

[2]

^{The entire net sales elimination for each period presented represents net sales from All Other to the Nonalcoholic Beverages segment. Sales between these segments are recognized at either fair market value or cost depending on the nature of the transaction}

Segments - Summary of Financial Information by Segment (Parenthetical) (Detail) - Distribution Rights and Sponsorship Privileges [Member] $ in Millions	3 Months Ended
	Apr. 01, 2018 USD ($)
Revenue From Contract With Customer [Line Items]
Impact to net sales and SD&A expenses	$ 7.3
Operating Segments [Member] \| Nonalcoholic Beverages [Member]
Revenue From Contract With Customer [Line Items]
Impact to net sales and SD&A expenses	$ 7.3

Net Loss Per Share - Computation of Basic Net Loss Per Share and Diluted Net Loss Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Numerator for basic and diluted net loss per Common Stock and Class B Common Stock share:
Net loss attributable to Coca-Cola Consolidated, Inc.	$ (6,831)	$ (14,185)
Less dividends:
Dividends on Common Stock	1,785	1,785
Total undistributed losses - basic	(9,170)	(16,518)
Total undistributed losses – diluted	(9,170)	(16,518)
Numerator for basic net loss per Common Stock share:
Numerator for basic net loss per Common Stock share	(5,211)	(10,844)
Numerator for diluted net loss per Common Stock share:
Numerator for diluted net loss per Common Stock share	$ (6,831)	$ (14,185)
Denominator for diluted net loss per Common share:
Weighted average number of Common Stock shares outstanding	7,141	7,141
Denominator for diluted net loss per Common share:
Weighted average number of Common Stock shares outstanding – assuming dilution	9,360	9,340
Basic net loss per share:
Common Stock	$ (0.73)	$ (1.52)
Diluted net loss per share:
Common Stock	$ (0.73)	$ (1.52)
Class B Common Stock [Member]
Less dividends:
Dividends on Common Stock	$ 554	$ 548
Total undistributed losses - basic	(2,174)	(3,889)
Total undistributed losses – diluted	(2,174)	(3,889)
Numerator for basic net loss per Common Stock share:
Numerator for basic net loss per Common Stock share	(1,620)	(3,341)
Numerator for diluted net loss per Common Stock share:
Numerator for diluted net loss per Common Stock share	$ (1,620)	$ (3,341)
Denominator for diluted net loss per Common share:
Weighted average number of Common Stock shares outstanding	2,219	2,199
Denominator for diluted net loss per Common share:
Weighted average number of Common Stock shares outstanding – assuming dilution	2,219	2,199
Basic net loss per share:
Common Stock	$ (0.73)	$ (1.52)
Diluted net loss per share:
Common Stock	$ (0.73)	$ (1.52)
Common Stock [Member]
Less dividends:
Total undistributed losses - basic	$ (6,996)	$ (12,629)
Total undistributed losses – diluted	$ (6,996)	$ (12,629)

Net Loss Per Share - Computation of Basic Net Loss Per Share and Diluted Net Loss Per Share (Parenthetical) (Detail) - shares	3 Months Ended
	Mar. 31, 2019	Apr. 01, 2018
Earnings Per Share [Abstract]
Percentage undistributed earnings (losses) allocated to common stock diluted	100.00%	100.00%
Anti-dilutive shares	0	0

Inventories - Summary of Inventories (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018
Inventory Disclosure [Abstract]
Finished products	$ 145,240	$ 135,561
Manufacturing materials	37,049	39,840
Plastic shells, plastic pallets and other inventories	38,028	34,632
Total inventories	$ 220,317	$ 210,033

Prepaid Expenses and Other Current Assets - Summary of Prepaid Expenses and Other Current Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 30, 2018
Prepaid Expense And Other Assets [Abstract]
Repair parts	$ 25,395	$ 26,846
Prepayments for sponsorship contracts	7,042	7,557
Prepaid software	6,015	6,553
Prepaid marketing	5,867	6,097
Current portion of income taxes	5,315	6,637
Other prepaid expenses and other current assets	19,723	16,990
Total prepaid expenses and other current assets	$ 69,357	$ 70,680

Property, Plant and Equipment, Net - Principal Categories and Estimated Useful Lives of Property, Plant and Equipment, Net (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 30, 2018
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 1,858,121	$ 1,849,200
Less: Accumulated depreciation and amortization	887,622	858,668
Property, plant and equipment, net	970,499	990,532
Land [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	77,949	78,242
Buildings [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 218,075	218,846
Buildings [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	8 years
Buildings [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	50 years
Machinery and Equipment [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 327,547	328,034
Machinery and Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	5 years
Machinery and Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	20 years
Transportation Equipment [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 373,980	372,895
Transportation Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	4 years
Transportation Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	20 years
Furniture and Fixtures [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 90,277	89,439
Furniture and Fixtures [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	3 years
Furniture and Fixtures [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	10 years
Cold Drink Dispensing Equipment [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 495,013	491,161
Cold Drink Dispensing Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	5 years
Cold Drink Dispensing Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	17 years
Leasehold and Land Improvements [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 132,704	132,837
Leasehold and Land Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	5 years
Leasehold and Land Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	20 years
Software for Internal Use [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 122,603	122,604
Software for Internal Use [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	3 years
Software for Internal Use [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, estimated useful lives	10 years
Construction in Progress [Member]
Property Plant And Equipment [Line Items]
Total property, plant and equipment, at cost	$ 19,973	$ 15,142

Leases - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Lessee Lease Description [Line Items]
Short-term lease description	Allows the Company to not recognize leases with a contractual term of less than 12 months on the balance sheet.
Right of use assets for operating leases	$ 84,592	$ 88,000
Lease liabilities for operating leases	84,900	$ 88,200
Lessee, operating lease, not yet commenced, expense	$ 23,400
Minimum [Member]
Lessee Lease Description [Line Items]
Lessee, operating lease, not yet commenced, lease term	3 years
Maximum [Member]
Lessee Lease Description [Line Items]
Lessee, operating lease, not yet commenced, lease term	16 years

Leases - Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Population of Leases (Detail)	Mar. 31, 2019
Leases [Abstract]
Operating leases, weighted average remaining lease term	7 years 7 months 6 days
Financing leases, weighted average remaining lease term	5 years 1 month 6 days
Operating leases, weighted average discount rate	3.90%
Financing leases, weighted average discount rate	5.80%

Leases - Summary of Balances Related to Lease Portfolio within Consolidated Condensed Statement of Operations (Detail) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2019

Apr. 01, 2018

$ 9,752

Cost of Sales [Member]

Short-term and variable leases

Operating leases costs

1,341

2,262

Depreciation expense from financing leases

353

^[1]

$ 400

Selling, Delivery and Administrative Expenses [Member]

3,956

Short-term and variable leases

Operating leases costs

2,896

1,059

Depreciation expense from financing leases

1,139

^[1]

1,100

Interest Expense, Net [Member]

5,094

Interest payments on financing lease obligations

702

^[2]

$ 900

$ 702

[1]	During the first quarter of 2018, the Company had depreciation expense from capital leases of $0.4 million and $1.1 million in cost of sales and SD&A expenses, respectively.
[2]	During the first quarter of 2018, the Company had interest payments on capital lease obligations of $0.9 million.

Leases - Summary of Balances Related to Lease Portfolio within Consolidated Condensed Statement of Operations (Parenthetical) (Detail) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2019

Apr. 01, 2018

Cost of Sales [Member]

Depreciation expense from capital leases

$ 353

^[1]

$ 400

Selling, Delivery and Administrative Expenses [Member]

Depreciation expense from capital leases

1,139

^[1]

1,100

Interest Expense, Net [Member]