Document_and_Entity_Informatio
Document and Entity Information | 12 Months Ended |
Dec. 28, 2013 | |
Document Information [Line Items] | ' |
Document Type | 'S-4 |
Amendment Flag | 'false |
Document Period End Date | 28-Dec-13 |
Entity Registrant Name | 'Summit Materials, LLC |
Entity Central Index Key | '0001571371 |
Entity Filer Category | 'Non-accelerated Filer |
Continental Cement Company, L.L.C. [Member] | ' |
Document Information [Line Items] | ' |
Document Type | 'S-4 |
Amendment Flag | 'false |
Document Period End Date | 28-Dec-13 |
Entity Registrant Name | 'Continental Cement Company, L.L.C. |
Entity Central Index Key | '0001571274 |
Entity Filer Category | 'Non-accelerated Filer |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 29, 2012 |
In Thousands, unless otherwise specified | |||
Current assets: | ' | ' | ' |
Cash | $14,917 | ' | $27,431 |
Accounts receivable, net | 99,337 | ' | 100,298 |
Costs and estimated earnings in excess of billings | 10,767 | ' | 11,575 |
Due from Affiliates | 400 | ' | 1,900 |
Inventories | 96,432 | ' | 92,977 |
Other current assets | 13,181 | ' | 10,068 |
Total current assets | 234,634 | ' | 242,349 |
Property, plant and equipment, net | 831,778 | ' | 813,607 |
Goodwill | 127,038 | ' | 179,120 |
Intangible assets, net | 15,147 | ' | 8,606 |
Other assets | 39,197 | ' | 37,531 |
Total assets | 1,247,794 | ' | 1,281,213 |
Current liabilities: | ' | ' | ' |
Current portion of debt | 30,220 | ' | 4,000 |
Current portion of acquisition-related liabilities | 10,635 | ' | 9,525 |
Accounts payable | 72,104 | ' | 61,634 |
Accrued expenses | 57,251 | ' | 49,822 |
Billings in excess of costs and estimated earnings | 9,263 | ' | 6,926 |
Total current liabilities | 179,473 | ' | 131,907 |
Long-term debt | 658,767 | ' | 635,843 |
Acquisition-related liabilities | 23,756 | ' | 23,919 |
Other noncurrent liabilities | 77,480 | ' | 84,266 |
Total liabilities | 939,476 | ' | 875,935 |
Commitments and contingencies | ' | ' | ' |
Redeemable noncontrolling interest | 24,767 | ' | 22,850 |
Member's interest: | ' | ' | ' |
Member's equity | 486,896 | ' | 484,584 |
Accumulated deficit | -198,511 | ' | -94,085 |
Accumulated other comprehensive loss | -6,045 | ' | -9,130 |
Member's interest | 282,340 | ' | 381,369 |
Noncontrolling interest | 1,211 | ' | 1,059 |
Total member's interest | 283,551 | ' | 382,428 |
Total liabilities, redeemable members' interest and member's interest | 1,247,794 | ' | 1,281,213 |
Continental Cement Company, L.L.C. [Member] | ' | ' | ' |
Current assets: | ' | ' | ' |
Cash | 9 | 599 | 599 |
Accounts receivable, net | 7,353 | 9,924 | ' |
Due from Affiliates | 2,990 | 10,303 | ' |
Inventories | 10,402 | 7,073 | ' |
Other current assets | 482 | 815 | ' |
Total current assets | 21,236 | 28,714 | ' |
Property, plant and equipment, net | 306,204 | 291,666 | ' |
Goodwill | 24,096 | 24,096 | ' |
Other assets | 12,576 | 11,447 | ' |
Total assets | 364,112 | 355,923 | ' |
Current liabilities: | ' | ' | ' |
Current portion of debt | 1,018 | 965 | ' |
Accounts payable | 10,165 | 7,248 | ' |
Accrued expenses | 9,997 | 11,523 | ' |
Total current liabilities | 21,180 | 19,736 | ' |
Long-term debt | 154,590 | 155,394 | ' |
Pension and post-retirement benefit obligations | 19,457 | 25,568 | ' |
Other noncurrent liabilities | 850 | 1,524 | ' |
Total liabilities | 196,077 | 202,222 | ' |
Commitments and contingencies | ' | ' | ' |
Redeemable members' interest (100,000,000 Class B units issued and authorized) | 23,450 | 22,850 | ' |
Member's interest: | ' | ' | ' |
Member's equity | 135,180 | 135,118 | ' |
Accumulated deficit | 17,029 | 7,764 | ' |
Accumulated other comprehensive loss | -7,624 | -12,031 | ' |
Member's interest | 144,585 | 130,851 | ' |
Total liabilities, redeemable members' interest and member's interest | $364,112 | $355,923 | ' |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 12 Months Ended | |||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||
Revenue: | ' | ' | ' | ' | ' | ' |
Product | $593,570 | $588,762 | $427,419 | $64,181 | $65,213 | $57,804 |
Service | 322,631 | 337,492 | 361,657 | 15,490 | 13,366 | 8,708 |
Revenue from related parties: | ' | ' | ' | ' | ' | ' |
Product | 600 | 7,900 | 8,600 | 16,578 | 16,303 | 12,269 |
Service | ' | ' | ' | ' | ' | 707 |
Total revenue | 916,201 | 926,254 | 789,076 | 96,249 | 94,882 | 79,488 |
Cost of revenue (excluding items shown separately below): | ' | ' | ' | ' | ' | ' |
Product | 430,172 | 444,569 | 317,360 | 46,137 | 49,541 | 41,221 |
Service | 246,880 | 268,777 | 280,294 | 9,105 | 8,778 | 6,500 |
Total cost of revenue | 677,052 | 713,346 | 597,654 | 55,242 | 58,319 | 47,721 |
General and administrative expenses | 142,000 | 127,215 | 95,826 | 8,367 | 6,706 | 4,761 |
Goodwill impairment | 68,202 | ' | ' | 0 | 0 | ' |
Depreciation, depletion, amortization and accretion | 72,934 | 68,290 | 61,377 | 11,812 | 10,479 | 9,984 |
Transaction costs | 3,990 | 1,988 | 9,120 | ' | ' | ' |
Operating (loss) income | -47,977 | 15,415 | 25,099 | 20,828 | 19,378 | 17,022 |
Other (income) expense, net | -1,737 | -1,182 | -21,244 | -90 | 131 | -61 |
Loss on debt financings | 3,115 | 9,469 | ' | ' | ' | ' |
Interest expense | 56,443 | 58,079 | 47,784 | 11,053 | 12,622 | 14,621 |
(Loss) from continuing operations before taxes | -105,798 | -50,951 | -1,441 | ' | ' | ' |
Income tax (benefit) expense | -2,647 | -3,920 | 3,408 | ' | ' | ' |
Loss from continuing operations | -103,151 | -47,031 | -4,849 | ' | ' | ' |
Loss from discontinued operations | 528 | 3,546 | 5,201 | ' | ' | ' |
Net (loss) income | -103,679 | -50,577 | -10,050 | 9,865 | 6,625 | 2,462 |
Net income attributable to noncontrolling interest | 3,112 | 1,919 | 695 | ' | ' | ' |
Net loss attributable to member of Summit Materials, LLC | ($106,791) | ($52,496) | ($10,745) | ' | ' | ' |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive (Loss) Income (USD $) | 12 Months Ended | |||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||
Net income (loss) | ($103,679) | ($50,577) | ($10,050) | $9,865 | $6,625 | $2,462 |
Other comprehensive income (loss): | ' | ' | ' | ' | ' | ' |
Pension and postretirement liability adjustment | 4,407 | -3,648 | -5,675 | 4,407 | -3,648 | -5,675 |
Comprehensive income (loss) | -99,272 | -54,225 | -15,725 | 14,272 | 2,977 | -3,213 |
Less comprehensive income (loss) attributable to the noncontrolling interest | 4,434 | 824 | -675 | ' | ' | ' |
Comprehensive loss attributable to member of Summit Materials, LLC | ($103,706) | ($55,049) | ($15,050) | ' | ' | ' |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 12 Months Ended | |||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||
Cash flow from operating activities: | ' | ' | ' | ' | ' | ' |
Net income (loss) | ($103,679) | ($50,577) | ($10,050) | $9,865 | $6,625 | $2,462 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ' | ' | ' | ' | ' | ' |
Depreciation, depletion, amortization and accretion | 75,927 | 72,179 | 64,983 | ' | ' | ' |
Depreciation, depletion, amortization and accretion | 72,934 | 68,290 | 61,377 | 11,812 | 10,479 | 9,984 |
Financing fee amortization | 3,256 | 3,266 | 2,335 | 300 | ' | ' |
Share-based compensation expense | 2,315 | 2,533 | 2,484 | ' | ' | ' |
Deferred income tax benefit | -4,408 | -3,468 | -1,974 | ' | ' | ' |
Net loss on asset disposals | 12,419 | 2,564 | 2,349 | ' | ' | ' |
Goodwill impairment | 68,202 | ' | ' | 0 | 0 | ' |
Bargain purchase gain | ' | ' | -12,133 | ' | ' | ' |
Revaluation of asset retirement obligations | ' | ' | -3,420 | ' | ' | ' |
Revaluation of contingent consideration | ' | -409 | -10,344 | ' | ' | ' |
Loss on debt financings | 2,989 | 9,469 | ' | ' | ' | ' |
Other | -1,098 | -465 | 894 | 801 | -78 | 308 |
Decrease (increase) in operating assets, net of acquisitions: | ' | ' | ' | ' | ' | ' |
Account receivable | 9,884 | 5,201 | 13,901 | 2,695 | -1,924 | -1,232 |
Inventories | 499 | -1,726 | -12,643 | -3,329 | 2,841 | -3,191 |
Costs and estimated earnings in excess of billings | 196 | 6,931 | -613 | ' | ' | ' |
Other current assets | -453 | 3,494 | -4,823 | 333 | 58 | -251 |
Other assets | -1,708 | 1,189 | -1,016 | -1,304 | 308 | -2,872 |
Increase (decrease) in operating liabilities, net of acquisitions: | ' | ' | ' | ' | ' | ' |
Accounts payable | 4,067 | -6,076 | 6,612 | 2,093 | -907 | 865 |
Accrued expenses | -742 | 17,175 | -6,455 | -1,574 | 6,685 | 650 |
Billings in excess of costs and estimated earnings | 1,998 | 2,589 | -8,209 | ' | ' | ' |
Pension and post-retirement benefit obligations | ' | ' | ' | -1,704 | -1,368 | -1,644 |
Other liabilities | -3,252 | -1,590 | 1,375 | -1,099 | -340 | -48 |
Net cash provided by operating activities | 66,412 | 62,279 | 23,253 | 18,589 | 22,379 | 5,031 |
Cash flow from investing activities: | ' | ' | ' | ' | ' | ' |
Acquisitions, net of cash acquired | -61,601 | -48,757 | -161,073 | ' | ' | ' |
Loans to and repayments from affiliates, net | ' | ' | ' | 7,118 | -10,220 | ' |
Purchases of property, plant and equipment | -65,999 | -45,488 | -38,656 | -25,594 | -12,805 | -7,110 |
Proceeds from the sale of property, plant and equipment | 16,085 | 8,836 | 7,157 | 3 | 69 | 168 |
Other | ' | 69 | 241 | ' | -79 | ' |
Net cash used for investing activities | -111,515 | -85,340 | -192,331 | -18,473 | -23,035 | -6,942 |
Cash flow from financing activities: | ' | ' | ' | ' | ' | ' |
Capital contributions by member | ' | ' | 103,630 | ' | ' | ' |
Proceeds from borrowings | ' | ' | ' | ' | 7,000 | 36,500 |
Net proceeds from debt issuance | 230,817 | 713,361 | 96,748 | ' | ' | ' |
Principal payments on long-term debt | ' | ' | ' | -750 | -5,783 | -34,500 |
Payments on long-term debt | -188,424 | -697,438 | -49,000 | ' | ' | ' |
Payments on acquisition-related liabilities | -9,801 | -7,519 | -4,593 | ' | ' | ' |
Other | -3 | -702 | -10 | 44 | -17 | -43 |
Net cash (used for) provided by financing activities | 32,589 | 7,702 | 146,775 | -706 | 1,200 | 1,957 |
Net (decrease) increase in cash | -12,514 | -15,359 | -22,303 | -590 | 544 | 46 |
Cash-beginning of period | 27,431 | 42,790 | 65,093 | 599 | 55 | 9 |
Cash-end of period | $14,917 | $27,431 | $42,790 | $9 | $599 | $55 |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes in Redeemable Noncontrolling Interest and Member's Interest (USD $) | 12 Months Ended | |||||||||||||||||||||||||||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Redeemable Noncontrolling Interest [Member] | Redeemable Noncontrolling Interest [Member] | Redeemable Noncontrolling Interest [Member] | Member's Equity [Member] | Member's Equity [Member] | Member's Equity [Member] | Member's Equity [Member] | Member's Equity [Member] | Member's Equity [Member] | Accumulated Deficit [Member] | Accumulated Deficit [Member] | Accumulated Deficit [Member] | Accumulated Deficit [Member] | Accumulated Deficit [Member] | Accumulated Deficit [Member] | Accumulated Other Comprehensive Loss (AOCI) [Member] | Accumulated Other Comprehensive Loss (AOCI) [Member] | Accumulated Other Comprehensive Loss (AOCI) [Member] | Accumulated Other Comprehensive Loss (AOCI) [Member] | Accumulated Other Comprehensive Loss (AOCI) [Member] | Accumulated Other Comprehensive Loss (AOCI) [Member] | Noncontrolling Interest [Member] | Noncontrolling Interest [Member] | Noncontrolling Interest [Member] | Total Member's Interest [Member] | Total Member's Interest [Member] | Total Member's Interest [Member] | |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||||||||||||||||||||
Beginning Balance | ' | ' | ' | ' | ' | ' | $484,584 | $482,707 | $376,593 | ' | ' | ' | ($94,085) | ($40,932) | ($29,555) | ' | ' | ' | ($9,130) | ($6,577) | ($2,272) | ' | ' | ' | $1,059 | $1,174 | $1,227 | $382,428 | $436,372 | $345,993 |
Beginning Balance | ' | ' | ' | 22,850 | 21,300 | 21,300 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beginning balance, Redeemable members' interest | ' | 22,250 | 21,650 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accretion of redeemable members' interest | 600 | 600 | 600 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Contributed capital | ' | ' | ' | ' | ' | ' | ' | ' | 103,630 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 103,630 |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net income | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based compensation | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Ending balance, Redeemable members' interest | 23,450 | 22,850 | 22,250 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beginning balance | ' | 128,412 | 132,169 | ' | ' | ' | ' | ' | ' | ' | 135,056 | 135,000 | ' | ' | ' | ' | 1,739 | -123 | ' | ' | ' | ' | -8,383 | -2,708 | ' | ' | ' | ' | ' | ' |
Accretion / Redemption value adjustment | -600 | -600 | -600 | -2,365 | 657 | 632 | ' | ' | ' | ' | ' | ' | 2,365 | -657 | -632 | -600 | -600 | -600 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,365 | -657 | -632 |
Net (loss) income | 9,865 | 6,625 | 2,462 | 2,960 | 1,988 | 738 | ' | ' | ' | ' | ' | ' | -106,791 | -52,496 | -10,745 | 9,865 | 6,625 | 2,462 | ' | ' | ' | ' | ' | ' | 152 | -69 | -43 | -106,639 | -52,565 | -10,788 |
Other comprehensive income (loss) | 4,407 | -3,648 | -5,675 | 1,322 | -1,095 | -1,370 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,085 | -2,553 | -4,305 | 4,407 | -3,648 | -5,675 | ' | ' | ' | 3,085 | -2,553 | -4,305 |
Repurchase of member's interest | ' | ' | ' | ' | ' | ' | -3 | -656 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -3 | -656 | ' |
Share-based compensation | 62 | 62 | 56 | ' | ' | ' | 2,315 | 2,533 | 2,484 | 62 | 62 | 56 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,315 | 2,533 | 2,484 |
Payment of dividends | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -46 | -10 | ' | -46 | -10 |
Ending balance | 144,585 | 130,851 | 128,412 | ' | ' | ' | ' | ' | ' | 135,180 | 135,118 | 135,056 | ' | ' | ' | 17,029 | 7,764 | 1,739 | ' | ' | ' | -7,624 | -12,031 | -8,383 | ' | ' | ' | ' | ' | ' |
Ending Balance | ' | ' | ' | ' | ' | ' | 486,896 | 484,584 | 482,707 | ' | ' | ' | -198,511 | -94,085 | -40,932 | ' | ' | ' | -6,045 | -9,130 | -6,577 | ' | ' | ' | 1,211 | 1,059 | 1,174 | 283,551 | 382,428 | 436,372 |
Ending Balance | ' | ' | ' | $24,767 | $22,850 | $21,300 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (Continental Cement Company, L.L.C. [Member]) | Dec. 28, 2013 | Dec. 31, 2012 |
Class B Units [Member] | ' | ' |
Redeemable,Class B units issued | 100,000,000 | 100,000,000 |
Redeemable, Class B units authorized | 100,000,000 | 100,000,000 |
Class A Units [Member] | ' | ' |
Member's equity, Class A units issued | 100 | 100 |
Member's equity Class A units authorized | 100 | 100 |
Summary_of_Organization_and_Si
Summary of Organization and Significant Accounting Policies | 12 Months Ended | ||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||
Summary of Organization and Significant Accounting Policies | ' | ||||||||||||||||||||||||
(1) Summary of Organization and Significant Accounting Policies | |||||||||||||||||||||||||
Summit Materials, LLC (“Summit Materials” or the “Company”) is a vertically-integrated, heavy building materials company. Across its subsidiaries, it is engaged in the manufacturing and sale of aggregates, cement, ready-mixed concrete and asphalt paving mix. It is also engaged in road paving and related construction services. Summit Materials owns and operates quarries, sand and gravel pits, a cement plant, cement distribution terminals, asphalt plants, ready–mixed concrete plants and landfill sites. The operations of Summit Materials are conducted primarily across 14 states, with the most significant portion of the Company’s revenue generated in Texas, Kansas, Kentucky, Missouri and Utah. | |||||||||||||||||||||||||
Summit Materials is a 100 percent-owned subsidiary of Summit Materials Holdings L.P. (“Parent”) whose major indirect owners are certain investment funds affiliated with Blackstone Capital Partners V L.P. (“BCP”). Summit Materials has a number of subsidiaries that have individually made a number of acquisitions through 2013. The Company is organized by geographic region and has three operating segments, which are also its reporting segments: the Central; West; and East regions. | |||||||||||||||||||||||||
Noncontrolling interests represent a 30% redeemable ownership in Continental Cement Company, L.L.C. (“Continental Cement”) and a 20% ownership in Ohio Valley Asphalt, LLC. In 2013, Continental Cement changed its fiscal year from a calendar year to a 52-week year with each quarter composed of 13 weeks ending on a Saturday, consistent with Summit Materials’ fiscal year. Continental Cement’s fiscal year end in 2013 was December 28 compared to the calendar year ended December 31 in 2012 and 2011. The effect of this change to Summit Materials’ financial position, results of operations and liquidity was immaterial. | |||||||||||||||||||||||||
Principles of Consolidation—The consolidated financial statements include the accounts of the Company and its majority owned subsidiaries. All intercompany balances and transactions have been eliminated. The Company attributes consolidated member’s interests and net income separately to the controlling and noncontrolling interests. The Company accounts for investments in entities for which it has an ownership of 20% to 50% using the equity method of accounting. | |||||||||||||||||||||||||
Use of Estimates—The consolidated financial statements of the Company have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”), which require management to make estimates and assumptions that affect the reported amounts and disclosures in the consolidated financial statements. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible and other long-lived assets, pension and other postretirement obligations, asset retirement obligations and the redeemable noncontrolling interest. Estimates also include revenue earned and costs to complete open contracts. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. Management adjusts such estimates and assumptions when circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from estimates made. Changes in estimates, including those resulting from continuing changes in the economic environment, will be reflected in the Company’s consolidated financial statements in the period in which the change in estimate occurs. | |||||||||||||||||||||||||
Business and Credit Concentrations—The majority of Summit Materials’ customers are located in Texas, Kansas, Kentucky, Missouri and Utah. Summit Materials’ accounts receivable consist primarily of amounts due from customers within these areas. Collection of these accounts is, therefore, dependent on the economic conditions in the aforementioned states. However, credit granted within Summit Materials’ trade areas has been granted to a wide variety of customers. Management does not believe that any significant concentrations of credit exist with respect to individual customers or groups of customers. No single customer accounted for more than 10% of revenue in 2013, 2012 or 2011. | |||||||||||||||||||||||||
Accounts Receivable—Accounts receivable are stated at the amount management expects to collect from outstanding balances. Management provides for probable uncollectible amounts through a charge to earnings and a credit to a valuation allowance based on its assessment of the collectability of individual accounts. In establishing the allowance, management considers historical losses adjusted to take into account current market conditions and its customers’ financial condition, the amount of receivables in dispute, the current receivables aging and current payment terms. Balances that remain outstanding after reasonable collection efforts are exercised are written off through a charge to the valuation allowance. | |||||||||||||||||||||||||
The balances billed but not paid by customers, pursuant to retainage provisions included in contracts, will be due near or upon completion of the contracts. | |||||||||||||||||||||||||
Revenue and Cost Recognition—Revenue for product sales are recognized when evidence of an arrangement exists, the fee is fixed or determinable, title passes, which is generally when the product is shipped, and collection is reasonably assured. Product revenue includes sales of aggregates, cement and other materials to customers, net of discounts, allowances or taxes, as applicable. Internal product sales are eliminated from service revenue in the consolidated statements of operations. | |||||||||||||||||||||||||
Revenue from construction contracts are included in service revenue and are recognized under the percentage-of-completion accounting method. The percent complete is measured by the cost incurred to date compared to the estimated total cost of each project. This method is used as management considers expended cost to be the best available measure of progress on these contracts, the majority of which are completed within one year, but may occasionally extend beyond one year. Inherent uncertainties in estimating costs make it at least reasonably possible that the estimates used will change within the near term and over the life of the contracts. | |||||||||||||||||||||||||
Contract costs include all direct material and labor costs and those indirect costs related to contract performance and completion. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are estimable. General and administrative costs are charged to expense as incurred. | |||||||||||||||||||||||||
Changes in job performance, job conditions and estimated profitability, including those arising from contract penalty provisions and final contract settlements, may result in revisions to costs and income. Such revisions are recognized in the period in which they are determined. An amount equal to contract costs incurred that are attributable to claims is included in revenue when realization is probable and the amount can be reliably estimated. | |||||||||||||||||||||||||
Costs and estimated earnings in excess of billings are composed principally of revenue recognized on contracts (on the percentage-of-completion method) for which billings had not been presented to customers because the amount were not billable under the contract terms at the balance sheet date. In accordance with the contract terms, the unbilled receivables at December 28, 2013 will be billed in 2014. Billings in excess of costs and estimated earnings represent billings in excess of revenue recognized. | |||||||||||||||||||||||||
Revenue from the receipt of waste fuels is classified as service revenue and is based on fees charged for the waste disposal, which are recognized when the waste is accepted. | |||||||||||||||||||||||||
Inventories—Inventories consist of stone removed from quarries and processed for future sale, raw materials and finished concrete blocks. Inventories are valued at the lower of cost or market and are accounted for on a first-in first-out basis or an average cost basis. If items become obsolete or otherwise unusable or if quantities exceed what is projected to be sold within a reasonable period of time, they will be charged to costs of production in the period that the items are designated as obsolete or excess inventory. Stripping costs are costs of removing overburden and waste material to access aggregate materials and are recognized in cost of revenue in the same period as the revenue from the sale of the inventory. | |||||||||||||||||||||||||
Property, Plant and Equipment, net—Property, plant and equipment are recorded at cost, less accumulated depreciation, depletion and amortization. Expenditures for additions and improvements that significantly add to the productive capacity or extend the useful life of an asset are capitalized. Repair and maintenance costs that do not substantially add to the productive capacity or extend the useful life of the asset are expensed as incurred. | |||||||||||||||||||||||||
Landfill airspace is included in property, plant and equipment at cost and is amortized based on utilization of the asset. Management reassesses the landfill airspace capacity with any changes in value recorded in cost of revenue. Capitalized landfill costs include expenditures for the acquisition of land and related airspace, engineering and permitting costs, cell construction costs and direct site improvement costs. | |||||||||||||||||||||||||
Upon disposal, the cost and related accumulated depreciation are removed from the Company’s accounts and any gain or loss is included in general and administrative expenses. | |||||||||||||||||||||||||
Depreciation on property, plant and equipment, including assets subject to capital leases, is computed on a straight-line basis or based on the economic usage over the estimated useful life of the asset. The estimated useful lives are generally as follows: | |||||||||||||||||||||||||
Buildings and improvements | 7–40 years | ||||||||||||||||||||||||
Plant, machinery and equipment | 3–40 years | ||||||||||||||||||||||||
Truck and auto fleet | 3–10 years | ||||||||||||||||||||||||
Mobile equipment and barges | 3–20 years | ||||||||||||||||||||||||
Landfill airspace and improvements | 5–60 years | ||||||||||||||||||||||||
Depletion of mineral reserves is calculated for proven and probable reserves by the units of production method on a site-by-site basis. Leasehold improvements are amortized on a straight-line basis over the lesser of the asset’s useful life or the remaining lease term. | |||||||||||||||||||||||||
The Company reviews the carrying value of property, plant and equipment for impairment whenever events or circumstances indicate that the carrying value of an asset may not be recoverable from the estimated future cash flows expected to result from its use and eventual disposition. Such indicators may include, among others, deterioration in general economic conditions, adverse changes in the markets in which an entity operates, increases in input costs that have a negative effect on earnings and cash flows or a trend of negative or declining cash flows over multiple periods. In addition, assets are assessed for impairment charges when identified for disposition. Projected losses from disposition are recognized in the period in which they become estimable, which may be in advance of the actual disposition. The net loss from asset dispositions recognized in general and administrative expenses in fiscal years 2013, 2012 and 2011 was $12.4 million, $2.6 million and $2.3 million, respectively. No material impairment charges have been recognized on assets held for use in 2013, 2012 or 2011. The losses are commonly a result of the cash flows expected from selling the asset being less than the expected cash flows that could be generated from holding the asset for use. | |||||||||||||||||||||||||
Accrued Mining and Landfill Reclamation—The mining reclamation reserve and financial commitments for landfill closure and post-closure activities are based on management’s estimate of future cost requirements to reclaim property at both currently operating and closed sites. Estimates of these obligations have been developed based on management’s interpretation of current requirements and proposed regulatory changes and are intended to approximate fair value. Costs are estimated in current dollars, inflated until the expected time of payment, using an inflation rate of 2.5%, and then discounted back to present value using a credit-adjusted, risk-free rate on obligations of similar maturity, adjusted to reflect the Company’s credit rating. Changes in the credit-adjusted, risk-free rate do not change recorded liabilities. However, subsequent increases in the recognized obligations are measured using a current credit-adjusted, risk-free rate. Decreases in the recognized obligations are measured at the initial credit-adjusted, risk-free rate. | |||||||||||||||||||||||||
Significant changes in inflation rates or the amount or timing of future cost estimates typically result in both (1) a current adjustment to the recorded liability (and corresponding adjustment to the asset) and (2) a change in accretion of the liability and depreciation of the asset to be recorded prospectively over the remaining capacity of the unmined quarry or landfill. | |||||||||||||||||||||||||
Intangible Assets—The Company’s intangible assets are primarily composed of lease agreements, reserve rights and trade names. The assets related to lease agreements are a result of the submarket royalty rates paid under agreements, primarily, for extracting aggregate. The values were determined as of the respective acquisition dates by a comparison of market-royalty rates to contract-royalty rates. The reserve rights relate to aggregate reserves to which the Company has the rights of ownership, but do not own the reserves. The intangible assets are amortized on a straight-line basis over the lives of the leases. Continental Cement’s trade name composes the majority of the remaining intangible assets. The following table shows intangible assets by type and in total: | |||||||||||||||||||||||||
December 28, 2013 | December 29, 2012 | ||||||||||||||||||||||||
Gross | Accumulated | Net | Gross | Accumulated | Net | ||||||||||||||||||||
Carrying | Amortization | Carrying | Carrying | Amortization | Carrying | ||||||||||||||||||||
Amount | Amount | Amount | Amount | ||||||||||||||||||||||
Leases | $ | 10,430 | $ | (1,604 | ) | $ | 8,826 | $ | 8,940 | $ | (1,092 | ) | $ | 7,848 | |||||||||||
Reserve rights | 5,890 | (221 | ) | 5,669 | — | — | — | ||||||||||||||||||
Trade names | 1,020 | (368 | ) | 652 | 1,020 | (262 | ) | 758 | |||||||||||||||||
Total intangible assets | $ | 17,340 | $ | (2,193 | ) | $ | 15,147 | $ | 9,960 | $ | (1,354 | ) | $ | 8,606 | |||||||||||
Amortization expense in 2013, 2012 and 2011 was $0.8 million, $0.6 million and $0.5 million, respectively. The estimated amortization expense for intangible assets for each of the next five years and thereafter is as follows: | |||||||||||||||||||||||||
2014 | $ | 897 | |||||||||||||||||||||||
2015 | 897 | ||||||||||||||||||||||||
2016 | 897 | ||||||||||||||||||||||||
2017 | 893 | ||||||||||||||||||||||||
2018 | 893 | ||||||||||||||||||||||||
Thereafter | 10,670 | ||||||||||||||||||||||||
Total | $ | 15,147 | |||||||||||||||||||||||
Goodwill—Goodwill represents the purchase price paid in excess of the fair value of net tangible and intangible assets acquired. Goodwill recorded in connection with the Company’s acquisitions is primarily attributable to the expected profitability, assembled workforces of the acquired businesses and the synergies expected to arise after the Company’s acquisition of those businesses. Goodwill is not amortized, but is tested annually for impairment as of the first day of the fourth quarter and whenever events or circumstances indicate that goodwill may be impaired. The test for goodwill impairment is a two-step process to first identify potential goodwill impairment for each reporting unit and then, if necessary, measure the amount of the impairment loss. Goodwill is tested for impairment based on the Company’s operating companies, which management has determined to be the Company’s reporting units, which are one level below its segments in the Central and West regions. The East region is considered to be a single reporting unit. | |||||||||||||||||||||||||
Income Taxes—As a limited liability company, Summit Materials’ federal and state income tax attributes are generally passed to Parent. However, certain of the Company’s subsidiaries are taxable entities, the provisions for which are included in the consolidated financial statements. For the Company’s taxable entities, deferred income tax assets and liabilities are computed for differences between the tax basis and financial statement amounts that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is recognized for deferred tax assets if it is more likely than not that some portion or all of the net deferred tax assets will not be realized. | |||||||||||||||||||||||||
The Company evaluates the tax positions taken on income tax returns that remain open to examination by the respective tax authorities from prior years and positions expected to be taken on the current year tax returns to identify uncertain tax positions. Interest and penalties are recorded in income tax expense. | |||||||||||||||||||||||||
Fair Value Measurements—The fair value accounting guidance establishes the following fair value hierarchy that prioritizes the inputs used to measure fair value: | |||||||||||||||||||||||||
Level 1 | — | Unadjusted quoted prices for identical assets or liabilities in active markets. | |||||||||||||||||||||||
Level 2 | — | Inputs other than Level 1 that are based on observable market data, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in inactive markets, inputs that are observable that are not prices and inputs that are derived from or corroborated by observable markets. | |||||||||||||||||||||||
Level 3 | — | Valuations developed from unobservable data, reflecting the Company’s own assumptions, which market participants would use in pricing the asset or liability. | |||||||||||||||||||||||
Assets and liabilities measured at fair value in the consolidated balance sheets as of year-end 2013 and 2012 are as follows: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Accrued expenses: | |||||||||||||||||||||||||
Current portion of contingent consideration | $ | — | $ | 746 | |||||||||||||||||||||
Acquisition- related liabilities | |||||||||||||||||||||||||
Contingent consideration | $ | 1,908 | $ | 1,908 | |||||||||||||||||||||
Certain acquisitions made by the Company require the payment of additional consideration contingent upon the achievement of specified operating results, referred to as contingent consideration or earn-out obligations. These payments will not be made if earn-out thresholds are not achieved. No material earn-out payments have been made to date. | |||||||||||||||||||||||||
Summit Materials records contingent consideration at fair value on the acquisition date and then measures its fair value each reporting period. Any adjustments to fair value are recognized in earnings in the period identified. Management of the Company determines the appropriate policies and procedures to be used when determining the fair value of contingent consideration. Its fair values are based on unobservable inputs, or Level 3 inputs, including projected probability-weighted cash payments and an 8.4% discount rate, which reflects the Company’s credit risk. Changes in fair value may occur as a result of a change in actual or projected cash payments, the probability weightings applied by the Company to projected payments or a change in the discount rate. Significant increases or decreases in any of these inputs in isolation could result in a significantly lower, or higher, fair value measurement. In 2012 and 2011, we recognized reductions to contingent consideration of $0.4 million and $10.3 million, respectively, due primarily to revised estimates of the probability of achieving the specified targets. | |||||||||||||||||||||||||
Financial Instruments—The Company’s financial instruments include certain acquisition-related liabilities (deferred consideration and noncompete obligations) and debt. The fair value of the deferred consideration and noncompete obligations approximate their carrying value of $28.3 million and $4.2 million, respectively, as of December 28, 2013 and $23.4 million and $7.4 million, respectively, as of December 29, 2012. The fair value was determined based on Level 3 inputs, including the cash payment terms in the purchase agreements and a discount rate reflecting the Company’s credit risk. | |||||||||||||||||||||||||
The fair value of long-term debt was approximately $696.5 million and $670.7 million as of December 28, 2013 and December 29, 2012, respectively, compared to its carrying value of $663.0 million and $639.8 million, respectively. Fair value was determined based on Level 2 inputs, including observable inputs, specifically quoted prices for these instruments in inactive markets. The fair value of Company’s revolving credit facility approximated its carrying value of $26.0 million at December 28, 2013. | |||||||||||||||||||||||||
Reclassifications—Certain amounts have been reclassified in prior periods to conform to the presentation in the consolidated financial statements as of and for the year ended December 28, 2013. | |||||||||||||||||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||||||||||||||
Summary of Organization and Significant Accounting Policies | ' | ||||||||||||||||||||||||
-1 | Summary of Organization and Significant Accounting Policies | ||||||||||||||||||||||||
(a) | Business Activities and Organization | ||||||||||||||||||||||||
Continental Cement Company, L.L.C. (the “Company” or “Continental Cement”) produces Portland cement at its plant located in Hannibal, Missouri. Cement distribution terminals are maintained in Hannibal and St. Louis, Missouri and Bettendorf, Iowa. The Company’s primary customers are ready-mixed concrete and concrete products producers and contractors located in the Midwestern United States. | |||||||||||||||||||||||||
Green America Recycling, L.L.C. (“GAR”), a wholly owned subsidiary of the Company, is engaged in the business of securing, processing and blending hazardous and nonhazardous waste materials primarily for use as supplemental fuels in Continental Cement’s manufacturing process. GAR’s primary customers are commercial transportation disposal facilities and petroleum and chemical manufacturers located in the continental United States. | |||||||||||||||||||||||||
The Company, a Delaware limited liability company, is governed by the Amended and Restated Continental Cement Limited Liability Company Agreement (as amended, the “LLC Agreement”). As such, liability of the Company’s members is generally limited to the amount of their net investment in the Company. Continental Cement is an indirect non–wholly owned subsidiary of Summit Materials, LLC (“Summit Materials”). | |||||||||||||||||||||||||
In 2013, Continental Cement changed its fiscal year from a calendar year to a 52-week year with each quarter composed of 13 weeks ending on a Saturday, consistent with that of Summit Materials. Continental Cement’s fiscal year end in 2013 was December 28 compared to the calendar year ended December 31 in 2012 and 2011. The effect of this change to Continental Cement’s financial position, results of operations and liquidity was immaterial. | |||||||||||||||||||||||||
(b) | Principles of Consolidation | ||||||||||||||||||||||||
The consolidated financial statements of the Company include the accounts of Continental Cement and its wholly owned subsidiary, GAR. All significant intercompany balances and transactions have been eliminated. | |||||||||||||||||||||||||
(c) | Use of Estimates | ||||||||||||||||||||||||
The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which require management to make estimates and assumptions that affect the reported amounts and disclosures in the consolidated financial statements. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible and other long-lived assets, pension and other postretirement obligations, asset retirement obligations and the redeemable members’ interest. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. Management adjusts such estimates and assumptions when circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from estimates made. Changes in estimates, including those resulting from continuing changes in the economic environment, will be reflected in the Company’s consolidated financial statements in the period in which the change in estimate occurs. | |||||||||||||||||||||||||
(d) | Business and Credit Concentrations | ||||||||||||||||||||||||
The Company’s customers are primarily located in Missouri, Iowa and Illinois. The Company’s accounts receivable balances are due primarily from ready-mixed concrete and concrete products producers and contractors within this area. Collection of these accounts is, therefore, dependent on the economic conditions of the area. However, credit granted within the Company’s trade area has been granted to a wide variety of customers, and management does not believe that any significant concentrations of credit exist with respect to individual customers or groups of customers who are engaged in similar activities that would be similarly affected by changes in economic or other conditions. The Company had approximately 16%, 13% and 14%, of cement sales with companies owned by a certain minority owner of the Company for the years ended December 28, 2013, December 31, 2012 and December 31, 2011, respectively. | |||||||||||||||||||||||||
(e) | Accounts Receivable | ||||||||||||||||||||||||
Accounts receivable is stated at the amount management expects to collect from outstanding balances. Management provides for probable uncollected amounts through a charge to earnings and a credit to the allowance for doubtful accounts based on its assessment of the status of individual accounts. In establishing the allowance, management considers historical losses adjusted to take into account current market conditions and the Company’s customers’ financial condition, the amount of receivables in dispute, the current receivables aging and current payment terms. Balances that are still outstanding after management has used reasonable collection efforts are written off through a charge to the allowance for doubtful accounts. Changes in the allowance for doubtful accounts have not been material to the consolidated financial statements. | |||||||||||||||||||||||||
(f) | Revenue Recognition | ||||||||||||||||||||||||
Revenue from the sale of cement is recognized when evidence of an arrangement exists, the fee is fixed or determinable, title passes, which is generally when the product is shipped, and collection is reasonably assured. Cement sales are recorded net of discounts, allowances and sales taxes, as applicable. The Company records freight revenue on a net basis together with freight costs within cost of sales. | |||||||||||||||||||||||||
Revenue from the receipt of waste fuels is recognized when the waste is accepted and a corresponding liability is recognized for the costs to process the waste into fuel for the manufacturing of cement or to ship the waste offsite for disposal in accordance with applicable regulations. | |||||||||||||||||||||||||
(g) | Inventories | ||||||||||||||||||||||||
Inventories of raw materials, work in process and finished goods are carried at the lower of cost (determined using the average cost method) or market. If items become obsolete or otherwise unusable, they will be charged to costs of production when that determination is made by management. | |||||||||||||||||||||||||
(h) | Property, Plant and Equipment, net | ||||||||||||||||||||||||
Property, plant and equipment are recorded at cost, less accumulated depreciation and depletion. Expenditures for additions and improvements that significantly add to the productive capacity or extend the useful life of an asset are capitalized. Repair and maintenance costs that do not substantially extend the life of the Company’s property, plant and equipment are expensed as incurred. | |||||||||||||||||||||||||
Upon disposal, the cost and related accumulated depreciation are removed from the Company’s accounts and any gain or loss is included in operating income. | |||||||||||||||||||||||||
Depreciation on property, plant and equipment is computed on a straight-line basis. These estimated useful lives are as follows: | |||||||||||||||||||||||||
Building and improvements | 30 – 40 years | ||||||||||||||||||||||||
Plant, machinery and equipment | 3 – 40 years | ||||||||||||||||||||||||
Mobile equipment and barges | 3 – 20 years | ||||||||||||||||||||||||
Other | 3 – 7 years | ||||||||||||||||||||||||
Depletion of mineral reserves is calculated over proven and probable reserves by the units of production method on a site-by-site basis. | |||||||||||||||||||||||||
The Company reviews the carrying value of property, plant and equipment for impairment whenever events or circumstances indicate that the carrying value of an asset may not be recoverable from the estimated future cash flows expected to result from its use and eventual disposition. Such indicators may include, among others, deterioration in general economic conditions, negative developments in equity and credit markets, adverse changes in the markets in which an entity operates, increases in input costs that have a negative effect on earnings and cash flows or a trend of negative or declining cash flows over multiple periods. | |||||||||||||||||||||||||
(i) | Accrued Mining Reclamation | ||||||||||||||||||||||||
The mining reclamation obligations are based on management’s estimate of future cost requirements to reclaim property at quarry sites. Estimates of these obligations have been developed based on management’s interpretation of current requirements and proposed regulatory changes and are intended to approximate fair value. Costs are estimated in current dollars, inflated until the expected time of payment, using an inflation rate of 2.5%, and then discounted back to present value using a risk-free rate on obligations of similar maturity, adjusted to reflect the Company’s credit rating. Changes in the credit-adjusted, risk-free rate do not change recorded liabilities. However, subsequent increases in the recognized obligations are measured using a current credit-adjusted, risk-free rate. Decreases in the recognized obligations are measured at the initial credit-adjusted, risk-free rate. | |||||||||||||||||||||||||
Significant changes in inflation rates or the amount or timing of future cost estimates typically result in both (1) a current adjustment to the recorded liability (and corresponding adjustment to the asset) and (2) a change in accretion of the liability and depreciation of the asset to be recorded prospectively over the remaining capacity of the unmined quarry. | |||||||||||||||||||||||||
(j) | Goodwill | ||||||||||||||||||||||||
Goodwill is the excess of cost over the fair value of net assets of businesses acquired and was $24.1 million as of December 28, 2013 and December 31, 2012. Goodwill is not amortized, but is tested annually for impairment and whenever events or circumstances change that would make it more likely than not that an impairment may have occurred. | |||||||||||||||||||||||||
Continental Cement performs an annual impairment analysis as of the first day of the fourth quarter of each fiscal year for its one reporting unit. The first step of the goodwill impairment test compares the fair value of the reporting unit to its carrying value. Management estimates the fair value of the reporting unit primarily based on the discounted projected cash flows of the underlying operations. A number of significant assumptions and estimates are required to forecast operating cash flows, including macroeconomic trends in the private construction and public infrastructure industries, expected success in securing future sales and the appropriate interest rate used to discount the projected cash flows. During the 2013 and 2012 annual reviews of goodwill, management concluded that the estimated fair value of the reporting unit was substantially in excess of its carrying value, resulting in no indication of impairment. The Company has recorded no goodwill impairment charges to date. | |||||||||||||||||||||||||
(k) | Income Taxes | ||||||||||||||||||||||||
Continental Cement and GAR are limited liability companies that pass their tax attributes for federal and state tax purposes to their members and are generally not subject to federal or state income tax. | |||||||||||||||||||||||||
(m) | Reclassifications | ||||||||||||||||||||||||
Certain amounts have been reclassified in prior periods to conform to the presentation in the consolidated financial statements as of and for the year ended December 28, 2013. |
Acquisitions
Acquisitions | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Business Combinations [Abstract] | ' | ||||||||
Acquisitions | ' | ||||||||
(2) Acquisitions | |||||||||
The Company has acquired a number of entities since its formation in 2009, which were financed through a combination of debt and contributions from Parent. The operations of each acquisition have been included in the Company’s consolidated results of operations since the respective dates of the acquisitions. The Company measures all assets acquired and liabilities assumed at their acquisition-date fair value. | |||||||||
2013 Acquisitions | |||||||||
Central region | |||||||||
• | On April 1, 2013, the Company acquired certain aggregates, ready-mixed concrete and asphalt assets of Lafarge North America, Inc. in and around Wichita, Kansas, with borrowings under the Company’s senior secured revolving credit facility. | ||||||||
West region | |||||||||
• | On April 1, 2013, the Company acquired all of the membership interests of Westroc, LLC, an aggregates and ready-mixed concrete provider near Salt Lake City, Utah, with borrowings under the Company’s senior secured revolving credit facility. | ||||||||
2012 Acquisitions | |||||||||
Central region | |||||||||
• | On February 29, 2012, the Company acquired certain assets of Norris Quarries, LLC, an aggregates business in northwest Missouri, with proceeds from debt, including the Company’s senior secured revolving credit facility. | ||||||||
West region | |||||||||
• | On November 30, 2012, the Company acquired all of the stock of Sandco, Inc., an aggregates and ready-mixed concrete business in Colorado, with cash on-hand. | ||||||||
East region | |||||||||
• | On October 5, 2012, the Company acquired certain assets of Kay & Kay Contracting, LLC, an aggregates, asphalt and paving business in Kentucky, with cash on-hand. | ||||||||
Pro Forma Financial Information—The following unaudited supplemental pro forma information presents the financial results as if the 2012 acquisitions occurred on January 1, 2011. This supplemental pro forma information has been prepared for comparative purposes and does not purport to be indicative of what would have occurred had the acquisitions been made on January 1, 2011, nor is it indicative of any future results. The 2013 acquisitions were not material individually or in the aggregate. | |||||||||
Year ended | |||||||||
December 28, 2013 | December 29, 2012 | ||||||||
Revenue | $ | 916,201 | $ | 976,797 | |||||
Net loss | (103,679 | ) | (45,976 | ) | |||||
The purchase price allocation for the 2012 and 2013 acquisitions has been finalized. The following table summarizes aggregated information regarding the fair values of the assets acquired and liabilities assumed as of the respective acquisition dates in 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Financial assets | $ | 8,302 | $ | 1,397 | |||||
Inventories | 3,954 | 6,988 | |||||||
Property, plant and equipment | 40,580 | 21,543 | |||||||
Other assets | 52 | 1,330 | |||||||
Intangible assets(1) | 7,428 | 3,172 | |||||||
Financial liabilities | (6,164 | ) | (944 | ) | |||||
Other long-term liabilities | (1,050 | ) | (364 | ) | |||||
Net assets acquired | 53,102 | 33,122 | |||||||
Goodwill | 16,120 | 26,230 | |||||||
Total purchase price | 69,222 | 59,352 | |||||||
Noncash transactions: | |||||||||
Acquisition related liabilities | (7,902 | ) | (10,547 | ) | |||||
Other | 281 | (48 | ) | ||||||
Total noncash transactions | (7,621 | ) | (10,595 | ) | |||||
Net cash paid for acquisitions | $ | 61,601 | $ | 48,757 | |||||
-1 | Intangible assets acquired relate to aggregate reserves to which the Company has the rights of ownership, but do not own the reserves ($5.9 million) and the differential between contractual lease rates and market rates for leases of aggregate reserves and office space. The acquired intangible assets in total, the reserve rights and the lease assets have weighted-average lives of 18 years, 20 years and 11 years, respectively. |
Goodwill
Goodwill | 12 Months Ended | ||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||||||||
Goodwill | ' | ||||||||||||||||
(3) Goodwill | |||||||||||||||||
The Company had eight reporting units with goodwill for which the annual goodwill impairment test was completed. The first step of the goodwill impairment test employed by the Company compares the fair value of the reporting units to their carrying values. Management estimates the fair value of the reporting units primarily based on the discounted projected cash flows of the underlying operations. A number of significant assumptions and estimates are required to forecast operating cash flows, including macroeconomic trends in the public infrastructure and private construction industry, the timing of work embedded in backlog, performance and profitability under contracts, expected success in securing future sales and the appropriate interest rate used to discount the projected cash flows. These assumptions may vary significantly among the reporting units. This discounted cash flow analysis is corroborated by “top-down” analyses, including a market assessment of the Company’s enterprise value. | |||||||||||||||||
During the annual test performed as of the first day of the fourth quarter of 2013, management concluded that the estimated fair value of the Utah-based operations in the West region and the East region were less than their carrying values. The estimated fair value of these operating units was estimated by applying a 50 percent weighting to both the discounted cash flow valuation and the market assessment, a discount rate of 11.0% and internal growth projections. | |||||||||||||||||
The second step of the test requires the allocation of the reporting unit’s fair value to its assets and liabilities, including any unrecognized intangible assets, in a hypothetical analysis that calculates the implied fair value of goodwill as if the reporting unit was being acquired in a business combination. If the implied fair value of goodwill is less than the carrying value, the difference is recorded as an impairment loss. Based on the step two analysis, goodwill impairment charges recognized in the year ended December 28, 2013 was $68.2 million, as a result of current uncertainties in the timing of a sustained recovery in the Utah and Kentucky construction markets. No impairment charges were recognized prior to 2013. | |||||||||||||||||
The following table presents goodwill by reportable segments and in total: | |||||||||||||||||
Central | West | East | Total | ||||||||||||||
Beginning Balance—December 31, 2011 | $ | 53,585 | $ | 91,598 | $ | 8,192 | $ | 153,375 | |||||||||
Acquisitions | 19,204 | (205 | ) | 6,746 | 25,745 | ||||||||||||
Balance, December 29, 2012 | 72,789 | 91,393 | 14,938 | 179,120 | |||||||||||||
Acquisitions | — | 16,120 | — | 16,120 | |||||||||||||
Impairment | — | (53,264 | ) | (14,938 | ) | (68,202 | ) | ||||||||||
Balance, December 28, 2013 | $ | 72,789 | $ | 54,249 | $ | — | $ | 127,038 | |||||||||
Discontinued_Operations
Discontinued Operations | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | |||||||||||||
Discontinued Operations And Disposal Groups [Abstract] | ' | ||||||||||||
Discontinued Operations | ' | ||||||||||||
(4) Discontinued Operations | |||||||||||||
The Company’s discontinued operations include a railroad construction and repair business (referred to herein as railroad), environmental remediation operations and certain concrete paving operations. The railroad business involved building and repairing railroad sidings. The environmental remediation operations primarily involved the repair of retaining walls along highways in Kentucky and the removal and remediation of underground fuel storage tanks. The railroad and environmental remediation operations were sold in 2012 in separate transactions for aggregate proceeds of $3.1 million. The concrete paving operations were wound down in the second quarter of 2013 and, as of March 7, 2014, all assets have been sold. The results of these operations have been removed from the results of continuing operations for all periods presented. Prior to recognition as discontinued operations, all of these businesses were included in the East region’s operations. | |||||||||||||
Debt and interest expense were not allocated to these businesses since there was no debt specifically attributable to the operations. The discontinued businesses are organized within a limited liability company that passes its tax attributes for federal and state tax purposes to its parent company and is generally not subject to federal or state income tax. The railroad, environmental remediation and concrete paving businesses’ revenue and loss before income tax expense, including an immaterial gain on sale, in fiscal years 2013, 2012 and 2011 are summarized below: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Total revenue | $ | 3,884 | $ | 50,152 | $ | 49,537 | |||||||
Loss from discontinued operations before income tax expense | 528 | 3,546 | 5,201 |
Accounts_Receivable_Net
Accounts Receivable, Net | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Accounts Receivable, net | ' | ||||||||
(5) Accounts Receivable, Net | |||||||||
Accounts receivable, net consists of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Trade accounts receivable | $ | 85,188 | $ | 88,637 | |||||
Retention receivables | 15,966 | 13,181 | |||||||
Receivables from related parties | 202 | 1,871 | |||||||
Accounts receivable | 101,356 | 103,689 | |||||||
Less: Allowance for doubtful accounts | (2,019 | ) | (3,391 | ) | |||||
Accounts receivable, net | $ | 99,337 | $ | 100,298 | |||||
Retention receivables are amounts earned by the Company, but held by customers until projects have been fully completed or near completion. Amounts are expected to be billed and collected within a year. | |||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Accounts Receivable, net | ' | ||||||||
-2 | Accounts Receivable, net | ||||||||
Accounts receivable, net consists of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Trade accounts receivable from unaffiliated entities | $ | 6,961 | $ | 8,859 | |||||
Trade accounts receivable from related parties | 422 | 1,193 | |||||||
Accounts receivable | 7,383 | 10,052 | |||||||
Less: allowance for doubtful accounts | (30 | ) | (128 | ) | |||||
Accounts receivable, net | $ | 7,353 | $ | 9,924 | |||||
Inventories
Inventories | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Inventories | ' | ||||||||
(6) Inventories | |||||||||
Inventories consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Aggregate stockpiles | $ | 70,300 | $ | 62,872 | |||||
Finished goods | 11,207 | 9,342 | |||||||
Work in process | 2,623 | 2,679 | |||||||
Raw materials | 12,302 | 18,084 | |||||||
Total | $ | 96,432 | $ | 92,977 | |||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Inventories | ' | ||||||||
-3 | Inventories | ||||||||
Inventories consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Raw materials | $ | 972 | $ | 475 | |||||
Work-in-process | 2,623 | 2,248 | |||||||
Finished goods | 6,807 | 4,350 | |||||||
Total inventories | $ | 10,402 | $ | 7,073 | |||||
Property_Plant_and_Equipment_n
Property, Plant and Equipment, net | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Property, Plant and Equipment, net | ' | ||||||||
(7) Property, Plant and Equipment, net | |||||||||
Property, plant and equipment, net consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Land (mineral bearing) and asset retirement costs | $ | 107,007 | $ | 106,135 | |||||
Land (non-mineral bearing) | 81,331 | 69,560 | |||||||
Buildings and improvements | 77,535 | 78,168 | |||||||
Plants, machinery and equipment | 680,942 | 623,949 | |||||||
Truck and auto fleet | 19,165 | 19,399 | |||||||
Landfill airspace and improvements | 46,841 | 46,841 | |||||||
Construction in progress | 29,560 | 20,734 | |||||||
Other | 1,779 | 5,134 | |||||||
Property, plant and equipment | 1,044,160 | 969,920 | |||||||
Less accumulated depreciation, depletion and amortization | (212,382 | ) | (156,313 | ) | |||||
Property, plant and equipment, net | $ | 831,778 | $ | 813,607 | |||||
Depreciation, depletion and amortization expense of property, plant and equipment was $71.4 million, $68.6 million and $61.8 million for the years ended December 28, 2013, December 29, 2012 and December 31, 2011, respectively. | |||||||||
Property, plant and equipment at year-end 2013 and 2012 include $11.3 million (net of $1.3 million accumulated amortization) and $3.1 million (net of $0.2 million accumulated amortization), respectively, of capital leases for certain equipment and a building. Approximately $2.1 million of the future obligations associated with the capital leases are included in accrued expenses and the present value of the remaining capital lease payments is included in other noncurrent liabilities on the consolidated balance sheets. Future minimum rental commitments under long-term capital leases are $2.1 million, $1.1 million, $2.9 million, $0.4 million and $0.4 million for the years ended 2014, 2015, 2016, 2017 and 2018, respectively. | |||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Property, Plant and Equipment, net | ' | ||||||||
-4 | Property, Plant and Equipment, net | ||||||||
Property, plant and equipment, net consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Land (non-mineral bearing) | $ | 4,605 | $ | 4,605 | |||||
Land (mineral bearing) and asset retirement costs | 16,524 | 15,449 | |||||||
Buildings and improvements | 40,795 | 40,681 | |||||||
Plants, machinery and equipment | 247,681 | 231,454 | |||||||
Mobile equipment and barges | 8,060 | 7,859 | |||||||
Construction in progress | 23,394 | 15,301 | |||||||
Other | 1,845 | 1,373 | |||||||
Property, plant and equipment | 342,904 | 316,722 | |||||||
Less accumulated depreciation, depletion and amortization | (36,700 | ) | (25,056 | ) | |||||
Property, plant and equipment, net | $ | 306,204 | $ | 291,666 | |||||
The Company is developing an underground mine through which over 200 years of limestone reserves may be accessed. Limestone is a raw material used in the production of cement. As of year-end 2013 and 2012, the underground mine development costs included in construction in progress totaled $22.9 million and $6.6 million, respectively. Costs for mine development are capitalized and include costs incurred for site preparation and development of the mine. | |||||||||
Depreciation and depletion expense of property, plant and equipment was $11.6 million, $10.3 million and $9.8 million, for the years ended December 28, 2013, December 31, 2012 and December 31, 2011, respectively. |
Debt
Debt | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Debt Disclosure [Abstract] | ' | ||||||||
Debt | ' | ||||||||
(8) Debt | |||||||||
Debt as of year-end 2013 and 2012 are summarized as follows: | |||||||||
2013 | 2012 | ||||||||
Senior secured credit facility, revolver due 2017 | $ | 26,000 | $ | — | |||||
Long-term debt: | |||||||||
$250.0 million senior notes, net of discount of $4.0 million at December 28, 2013 and $4.7 million at December 29, 2012 | $ | 245,971 | $ | 245,303 | |||||
$419.9 million senior secured credit facility, term loan net of discount of $2.9 million at December 28, 2013 and $3.5 million at December 29, 2012 | 417,016 | 394,540 | |||||||
Total | 662,987 | 639,843 | |||||||
Current portion of long-term debt | 4,220 | 4,000 | |||||||
Long-term debt | $ | 658,767 | $ | 635,843 | |||||
Accrued interest expense on long-term debt as of year-end 2013 and 2012 was $17.1 million and $19.7 million, respectively, and is included in accrued expenses on the consolidated balance sheets. | |||||||||
The total contractual payments of long-term debt for the five years subsequent to December 28, 2013 are as follows: | |||||||||
2014 | $ | 4,220 | |||||||
2015 | 4,220 | ||||||||
2016 | 5,275 | ||||||||
2017 | 4,220 | ||||||||
2018 | 3,165 | ||||||||
Thereafter | 648,790 | ||||||||
Total | 669,890 | ||||||||
Less: Original issue discount | (6,903 | ) | |||||||
Total debt | $ | 662,987 | |||||||
Summit Materials and Summit Materials Finance Corp. issued $250.0 million aggregate principal amount of 10.5% Senior Notes due January 31, 2020 (“Senior Notes”) under an indenture dated January 30, 2012 (as amended and supplemented, the “Indenture”). In addition to the Senior Notes, the Company has a credit facility which provides for term loans in an aggregate amount of $422.0 million and revolving credit commitments in an aggregate amount of $150.0 million (the “Senior Secured Credit Facility”). The debt was initially issued with an original issuance discount of $9.5 million, which was recorded as a reduction to debt and is being accreted as interest expense over the term of the debt. As a result of these transactions, $9.5 million of financing fees were charged to earnings in the year ended December 29, 2012. | |||||||||
Senior Notes—The Senior Notes bear interest at 10.5% per year, payable semi-annually in arrears; interest payments commenced on July 31, 2012. The Indenture contains covenants limiting, among other things, the Company and its restricted subsidiaries’ ability to incur additional indebtedness or issue certain preferred shares, pay dividends, redeem stock or make other distributions, make certain investments, sell or transfer certain assets, create liens, consolidate, merge, sell or otherwise dispose of all or substantially all of the Company’s assets, enter into certain transactions with affiliates, and designate subsidiaries as unrestricted subsidiaries. The Indenture also contains customary events of default. | |||||||||
Senior Secured Credit Facility—Under the Senior Secured Credit Facility, the Company has entered into term loans totaling $422.0 million with required principal repayments of 0.25% of term debt due on the last business day of each March, June, September and December. In February 2013, the Company consummated a repricing, which included additional borrowings of $25.0 million, an interest rate reduction of 1.0% and a deferral of the March 2013 principal payment. The unpaid principal balance is due in full on the maturity date, which is January 30, 2019. As a result of this repricing, $3.1 million of financing fees were charged to earnings in the year ended December 28, 2013. | |||||||||
Our senior secured credit facilities include an uncommitted incremental facility that will allow us the option to increase the amount available under the term loan facility and/or the senior secured revolving credit facility by (i) $135.0 million plus (ii) an additional amount so long as we are in pro forma compliance with a consolidated first lien net leverage ratio. The term loans bear interest per annum equal to, at the Company’s option, either (i) a base rate determined by reference to the highest of (a) the federal funds rate plus 0.50%, (b) the prime rate of Bank of America, N.A. and (c) the British Bankers Association London Interbank Offered Rate (“LIBOR”) plus 1.00%, subject to a base rate floor of 2.25%, plus an applicable margin of 2.75% for base rate loans, or (ii) a LIBOR rate determined by reference to Reuters prior to the interest period relevant to such borrowing adjusted for certain additional costs, subject to a LIBOR floor of 1.25% plus an applicable margin of 3.75% for LIBOR rate loans. The interest rate in effect at December 28, 2013 was 5.0%. | |||||||||
Under the Senior Secured Credit Facility, the Company has revolving credit commitments of $150.0 million. The revolving credit facility matures on January 30, 2017 and bears interest per annum equal to, at the Company’s option, either (i) a base rate determined by reference to the highest of (a) the federal funds rate plus 0.50%, (b) the prime rate of Bank of America, N.A. and (c) LIBOR plus 1.00%, plus an applicable margin of 2.5% for base rate loans or (ii) a LIBOR rate determined by reference to Reuters prior to the interest period relevant to such borrowing adjusted for certain additional costs plus an applicable margin of 3.5% for LIBOR rate loans. The interest rate in effect at December 28, 2013 was 4.4%. | |||||||||
There was $26.0 million outstanding under the revolver facility as of December 28, 2013, leaving remaining borrowing capacity of $105.7 million, which is net of $18.3 million of outstanding letters of credit. The outstanding letters of credit are renewed annually and support required bonding on construction projects and the Company’s insurance liabilities. | |||||||||
The Company must adhere to certain financial covenants related to its debt and interest leverage ratios, as defined in the Senior Secured Credit Facility. The consolidated first lien net leverage ratio, reported each quarter, should be no greater than 4.75:1.0 from January 1, 2013 through June 30, 2014; 4.50:1.0 from July 1, 2014 through June 30, 2015, and 4.25:1.0 thereafter. The interest coverage ratio must be at least 1.70:1.0 from January 1, 2013 through December 31, 2014 and 1.85:1.0 thereafter. | |||||||||
As of December 28, 2013 and December 29, 2012, the Company was in compliance with all covenants. The Company’s 100 percent-owned subsidiary companies and its non wholly-owned subsidiary, Continental Cement, subject to certain exclusions and exceptions are named as subsidiary guarantors of the Senior Notes and the Senior Secured Credit Facility. In addition, the Company has pledged substantially all of its assets as collateral, subject to certain exclusions and exceptions, for the Senior Secured Credit Facility. | |||||||||
As of December 28, 2013 and December 29, 2012, $11.5 million and $12.6 million, respectively, of deferred financing fees were being amortized over the term of the debt using the effective interest method. |
Members_Interest
Member's Interest | 12 Months Ended |
Dec. 28, 2013 | |
Organization Consolidation And Presentation Of Financial Statements [Abstract] | ' |
Member's Interest | ' |
(9) Member’s Interest | |
The Company’s membership interests are held by Parent. Business affairs of the Company are managed by the Board of Directors (“Board”) of Summit Materials Holdings, GP, Ltd., the general partner of Parent, which, as of December 28, 2013, was composed of six directors. Directors of the Board are appointed by the unit holders of Parent, which is the indirect sole member of the Company. |
Income_Taxes
Income Taxes | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||
Income Taxes | ' | ||||||||||||
(10) Income Taxes | |||||||||||||
For the years ended 2013, 2012 and 2011, income taxes consist of the following: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Provision for income taxes: | |||||||||||||
Current | $ | 1,761 | $ | (452 | ) | $ | 5,382 | ||||||
Deferred | (4,408 | ) | (3,468 | ) | (1,974 | ) | |||||||
Income tax (benefit) expense | $ | (2,647 | ) | $ | (3,920 | ) | $ | 3,408 | |||||
The effective tax rate on pre-tax income differs from the U.S. statutory rate due to the following: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Income tax benefit at federal statutory tax rate | $ | (37,160 | ) | $ | (19,074 | ) | $ | (6,895 | ) | ||||
Book loss not subject to income tax | 32,801 | 16,167 | 13,790 | ||||||||||
State and local income taxes | 130 | (90 | ) | 666 | |||||||||
Depletion expense | (411 | ) | (377 | ) | (372 | ) | |||||||
Domestic production activities deduction | — | — | (273 | ) | |||||||||
Goodwill impairment | 1,046 | — | — | ||||||||||
Bargain purchase gain | — | — | (4,250 | ) | |||||||||
Effective rate change | — | (532 | ) | 627 | |||||||||
Valuation allowance | 729 | 36 | (360 | ) | |||||||||
Other | 218 | (50 | ) | 475 | |||||||||
Income tax (benefit) provision | $ | (2,647 | ) | $ | (3,920 | ) | $ | 3,408 | |||||
The following table summarizes the components of the net deferred income tax liability as of year-end 2013 and 2012: | |||||||||||||
2013 | 2012 | ||||||||||||
Deferred tax assets (liabilities): | |||||||||||||
Mining reclamation reserve | $ | 1,502 | $ | 1,449 | |||||||||
Accelerated depreciation | (33,146 | ) | (34,733 | ) | |||||||||
Net operating loss | 2,227 | 2,134 | |||||||||||
Capital losses on securities | 997 | 989 | |||||||||||
Landfill closure reserve | (63 | ) | (30 | ) | |||||||||
Working capital (e.g., accrued compensation, prepaid assets) | 2,399 | 3,101 | |||||||||||
Deferred tax liabilities, net | (26,084 | ) | (27,090 | ) | |||||||||
Less valuation allowance on loss carryforwards | (1,826 | ) | (1,025 | ) | |||||||||
Total | $ | (27,910 | ) | $ | (28,115 | ) | |||||||
Included in accompanying consolidated balance sheets under the following captions: | |||||||||||||
Other current assets | $ | 2,316 | $ | 2,275 | |||||||||
Other noncurrent liability | (30,226 | ) | (30,390 | ) | |||||||||
Total | $ | (27,910 | ) | $ | (28,115 | ) | |||||||
In assessing the realizability of deferred tax assets as of year-end 2013 and 2012, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible (including the effect of available carryback and carryforward periods), projected future taxable income and tax-planning strategies in making this assessment. Management anticipates the deferred income tax asset related to losses on securities and net operating losses will not be fully utilized before their expiration in 2014; therefore, a valuation allowance has been recorded as of year-end 2013 and 2012. In 2011, $0.8 million of capital loss was carried back for a tax benefit recovery of $0.3 million. The remaining capital loss of $1.0 million is not expected to be utilized; therefore, the remaining balance has been fully reserved in the valuation allowance as of year-end 2013. At December 28, 2013, the Company has net operating loss carryforwards for federal and state income tax purposes of $5.2 million and $0.7 million, respectively, which are available to offset future federal and state taxable income, if any, through 2033. | |||||||||||||
Summit Materials does not have any uncertain tax positions as of December 28, 2013. Tax years from 2010 to 2013 remain open and subject to audit by federal and state tax authorities. No income tax expense or benefit was recognized in other comprehensive loss in 2013, 2012 or 2011. |
Employee_Benefit_Plans
Employee Benefit Plans | 12 Months Ended | ||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||
Employee Benefit Plans | ' | ||||||||||||||||||||||||
(11) Employee Benefit Plans | |||||||||||||||||||||||||
Deferred Compensation Plan—The Company sponsors employee 401(k) savings plans for all salaried employees and certain union employees. The plans provide for various required and discretionary Company matches of employees’ eligible compensation contributed to the plans. The expense for all defined contribution plans amounted to $2.3 million, $2.2 million and $1.9 million for the years ended December 28, 2013, December 29, 2012 and December 31, 2011, respectively. | |||||||||||||||||||||||||
Defined Benefit and Other Postretirement Benefits Plans—The Company’s subsidiary, Continental Cement, sponsors two noncontributory defined benefit pension plans for hourly and salaried employees. The salaried employee pension plan was closed to new participants and frozen in January 2000 and the hourly employee pension plan was closed to new participants in May 2003 and frozen in January 2014. Pension benefits for certain eligible hourly employees are based on a monthly pension factor for each year of credited service. Pension benefits for certain eligible salaried employees are generally based on years of service and average eligible compensation. | |||||||||||||||||||||||||
Continental Cement also sponsors unfunded healthcare and life insurance benefits plan for certain eligible retired employees. Effective January 1, 2012, the Company eliminated all future retiree health and life coverage for active salaried, nonunion hourly and certain union employees that retire on or after January 1, 2012. Effective January 1, 2014, the plan was amended to eliminate all future retiree health and life coverage for the remaining union employees. | |||||||||||||||||||||||||
The funded status of the pension and other postretirement benefit plans is recognized in the consolidated balance sheets as the difference between the fair value of plan assets and the benefit obligations. For defined benefit pension plans, the benefit obligation is the projected benefit obligation (“PBO”) and for the other postretirement benefit plans, the benefit obligation is the accumulated postretirement benefit obligation (“APBO”). The PBO represents the actuarial present value of benefits expected to be paid upon retirement based on estimated future compensation levels. However, since the plans’ participants are not subject to future compensation increases, the plans’ PBO equals the APBO. The APBO represents the actuarial present value of postretirement benefits attributed to employee services already rendered. The fair value of plan assets represents the current market value of assets held by an irrevocable trust fund for the sole benefit of participants. The measurement of the benefit obligations are based on the Company’s estimates and actuarial valuations. These valuations reflect the terms of the plan and use participant-specific information, such as compensation, age and years of service, as well as certain assumptions that require significant judgment, including estimates of discount rates, expected return on plan assets, rate of compensation increases, interest-crediting rates and mortality rates. | |||||||||||||||||||||||||
The Company uses its fiscal year-end as the measurement date for its defined benefit pension and other postretirement benefit plans. | |||||||||||||||||||||||||
Obligations and Funded Status—The following information is as of year-end 2013 and 2012 and for the years ended December 28, 2013, December 29, 2012 and December 31, 2011: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Pension | Other | Pension | Other | ||||||||||||||||||||||
benefits | benefits | benefits | benefits | ||||||||||||||||||||||
Change in benefit obligations: | |||||||||||||||||||||||||
Beginning of period | $ | 28,674 | $ | 15,810 | $ | 26,514 | $ | 14,467 | |||||||||||||||||
Service cost | 295 | 236 | 276 | 207 | |||||||||||||||||||||
Interest cost | 963 | 513 | 1,055 | 585 | |||||||||||||||||||||
Actuarial (gain) loss | (2,674 | ) | (1,048 | ) | 2,347 | 1,597 | |||||||||||||||||||
Special termination benefits | — | 39 | — | — | |||||||||||||||||||||
Benefits paid | (1,614 | ) | (1,395 | ) | (1,518 | ) | (1,046 | ) | |||||||||||||||||
End of period | 25,644 | 14,155 | 28,674 | 15,810 | |||||||||||||||||||||
Change in fair value of plan assets: | |||||||||||||||||||||||||
Beginning of period | 17,863 | — | 16,639 | — | |||||||||||||||||||||
Actual return on plan assets | 1,512 | — | 1,205 | — | |||||||||||||||||||||
Employer contributions | 1,313 | 1,395 | 1,537 | 1,046 | |||||||||||||||||||||
Benefits paid | (1,614 | ) | (1,395 | ) | (1,518 | ) | (1,046 | ) | |||||||||||||||||
End of period | 19,074 | — | 17,863 | — | |||||||||||||||||||||
Funded status of plans | $ | (6,570 | ) | $ | (14,155 | ) | $ | (10,811 | ) | $ | (15,810 | ) | |||||||||||||
Current liabilities | $ | — | $ | (1,268 | ) | $ | — | $ | (1,055 | ) | |||||||||||||||
Noncurrent liabilities | (6,570 | ) | (12,887 | ) | (10,811 | ) | (14,755 | ) | |||||||||||||||||
Liability recognized | $ | (6,570 | ) | $ | (14,155 | ) | $ | (10,811 | ) | $ | (15,810 | ) | |||||||||||||
Amounts recognized in accumulated other comprehensive income: | |||||||||||||||||||||||||
Net actuarial loss | $ | 4,831 | $ | 4,139 | $ | 8,056 | $ | 5,501 | |||||||||||||||||
Prior service cost | — | (1,346 | ) | — | (1,526 | ) | |||||||||||||||||||
Total amount recognized | $ | 4,831 | $ | 2,793 | $ | 8,056 | $ | 3,975 | |||||||||||||||||
The amount recognized in accumulated other comprehensive income (“AOCI”) is the actuarial loss and prior service cost, which has not yet been recognized in periodic benefit cost, adjusted for amounts allocated to the redeemable noncontrolling interest. At December 28, 2013, the actuarial loss expected to be amortized from AOCI to periodic benefit cost in 2014 is $0.1 million and $0.2 million for the pension and postretirement obligations, respectively. | |||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Amounts recognized in other comprehensive (gain) loss: | |||||||||||||||||||||||||
Net actuarial (gain) loss | $ | (2,838 | ) | $ | (1,048 | ) | $ | 2,444 | $ | 1,597 | $ | 4,066 | $ | 3,390 | |||||||||||
Prior service cost | — | 180 | — | — | — | (1,705 | ) | ||||||||||||||||||
Amortization of prior year service cost | — | — | — | 180 | — | — | |||||||||||||||||||
Amortization of (gain) loss | (387 | ) | (314 | ) | (261 | ) | (312 | ) | (5 | ) | (71 | ) | |||||||||||||
Total amount recognized | $ | (3,225 | ) | $ | (1,182 | ) | $ | 2,183 | $ | 1,465 | $ | 4,061 | $ | 1,614 | |||||||||||
Components of net periodic benefit cost: | |||||||||||||||||||||||||
Service cost | $ | 295 | $ | 236 | $ | 276 | $ | 207 | $ | 275 | $ | 227 | |||||||||||||
Interest cost | 963 | 513 | 1,055 | 585 | 1,161 | 710 | |||||||||||||||||||
Amortization of loss | 387 | 314 | 262 | 312 | 5 | 69 | |||||||||||||||||||
Expected return on plan assets | (1,348 | ) | — | (1,301 | ) | (180 | ) | (1,400 | ) | — | |||||||||||||||
Special termination benefits | — | 39 | — | — | — | — | |||||||||||||||||||
Amortization of prior service credit | — | (180 | ) | — | — | — | — | ||||||||||||||||||
Net periodic benefit cost | $ | 297 | $ | 922 | $ | 292 | $ | 924 | $ | 41 | $ | 1,006 | |||||||||||||
Assumptions—Weighted-average assumptions used to determine the benefit obligations as of year-end 2013 and 2012 are: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Pension | Other | Pension | Other | ||||||||||||||||||||||
benefits | benefits | benefits | benefits | ||||||||||||||||||||||
Discount rate | 4.21% - 4.46% | 4.33% | 3.30% - 3.57% | 3.41% | |||||||||||||||||||||
Expected long-term rate of return on plan assets | 7.50% | N/A | 7.50% | N/A | |||||||||||||||||||||
Weighted-average assumptions used to determine net periodic benefit cost for years ended December 28, 2013, December 29, 2012 and December 31, 2011: | |||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Discount rate | 3.30% - 3.57% | 3.41% | 3.89% - 4.07% | 4.00% | 4.94% - 5.12.% | 5.07% | |||||||||||||||||||
Expected long-term rate of return on plan assets | 7.50% | N/A | 7.50% | N/A | 8.50% | N/A | |||||||||||||||||||
The expected long-term return on plan assets is based upon the Plans’ consideration of historical and forward-looking returns and the Company’s estimation of what a portfolio, with the target allocation described below, will earn over a long-term horizon. The discount rate is derived using the Citigroup Pension Discount Curve. | |||||||||||||||||||||||||
Assumed health care cost trend rates are 9% grading to 7% and 9% grading to 7% as of year-end 2013 and 2012, respectively. Assumed health care cost trend rates have a significant effect on the amounts reported for the Company’s post retirement medical and life plans. A one percentage-point change in assumed health care cost trend rates would have the following effects as of year-end 2013 and 2012: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Increase | Decrease | Increase | Decrease | ||||||||||||||||||||||
Total service cost and interest cost components | $ | 66 | $ | (55 | ) | $ | 73 | $ | (63 | ) | |||||||||||||||
Estimated APBO | 1,251 | (1,073 | ) | 1,555 | (1,331 | ) | |||||||||||||||||||
Plan Assets—The defined benefit pension plans’ (the “Plans”) investment strategy is to minimize investment risk while generating acceptable returns. The Plans currently invest a relatively high proportion of the plan assets in fixed income securities, while the remainder is invested in equity securities, cash reserves and precious metals. The equity securities are diversified into funds with growth and value investment strategies. The target allocation for plan assets is as follows: equity securities – 30%; fixed income securities –63%; cash reserves –5%; and precious metals –2%. The Plans’ current investment allocations are within the tolerance of the target allocation. The Company had no Level 3 investments as of or for the years ended December 28, 2013 and December 29, 2012. | |||||||||||||||||||||||||
At year-end 2013 and 2012, the Plans’ assets were invested predominantly in fixed-income securities and publicly traded equities, but may invest in other asset classes in the future subject to the parameters of the investment policy. The Plans’ investments in fixed-income assets include U.S. Treasury and U.S. agency securities and corporate bonds. The Plans’ investments in equity assets include U.S. and international securities and equity funds. The Company estimates the fair value of the Plans’ assets using various valuation techniques and, to the extent available, quoted market prices in active markets or observable market inputs. The descriptions and fair value methodologies for the Plans’ assets are as follows: | |||||||||||||||||||||||||
Fixed Income Securities—Corporate and government bonds are classified as Level 2 assets, as they are either valued at quoted market prices from observable pricing sources at the reporting date or valued based upon comparable securities with similar yields and credit ratings. | |||||||||||||||||||||||||
Equity Securities—Equity securities are valued at the closing market price reported on a U.S. exchange where the security is actively traded and are therefore classified as Level 1 assets. | |||||||||||||||||||||||||
Cash—The carrying amounts of cash approximate fair value due to the short-term maturity. | |||||||||||||||||||||||||
Precious Metals—Precious metals are valued at the closing market price reported on a U.S. exchange where the security is actively traded and are therefore classified as Level 1 assets. | |||||||||||||||||||||||||
The fair value of the Company’s pension plans’ assets by asset class and fair value hierarchy level as of year-end 2013 and 2012 are as follows: | |||||||||||||||||||||||||
2013 | |||||||||||||||||||||||||
Total fair | Quoted prices in active | Observable | |||||||||||||||||||||||
value | markets for identical | inputs (Level 2) | |||||||||||||||||||||||
assets (Level 1) | |||||||||||||||||||||||||
Fixed income securities: | |||||||||||||||||||||||||
Intermediate—government | $ | 1,647 | $ | — | $ | 1,647 | |||||||||||||||||||
Intermediate—corporate | 3,138 | — | 3,138 | ||||||||||||||||||||||
Short-term—government | 2,168 | — | 2,168 | ||||||||||||||||||||||
Short-term—corporate | 4,040 | — | 4,040 | ||||||||||||||||||||||
Equity securities: | |||||||||||||||||||||||||
U.S. Large cap value | 1,221 | 1,221 | — | ||||||||||||||||||||||
U.S. Large cap growth | 1,536 | 1,536 | — | ||||||||||||||||||||||
U.S. Mid cap value | 600 | 600 | — | ||||||||||||||||||||||
U.S. Mid cap growth | 603 | 603 | — | ||||||||||||||||||||||
U.S. Small cap value | 610 | 610 | — | ||||||||||||||||||||||
U.S. Small cap growth | 599 | 599 | — | ||||||||||||||||||||||
International | 889 | 889 | — | ||||||||||||||||||||||
Cash | 1,665 | 1,665 | — | ||||||||||||||||||||||
Precious metals | 358 | 358 | — | ||||||||||||||||||||||
Total | $ | 19,074 | $ | 8,081 | $ | 10,993 | |||||||||||||||||||
2012 | |||||||||||||||||||||||||
Total fair | Quoted prices in active | Observable | |||||||||||||||||||||||
value | markets for identical | inputs (Level 2) | |||||||||||||||||||||||
assets (Level 1) | |||||||||||||||||||||||||
Fixed income securities: | |||||||||||||||||||||||||
Intermediate—government | $ | 1,247 | $ | — | $ | 1,247 | |||||||||||||||||||
Intermediate—corporate | 4,402 | — | 4,402 | ||||||||||||||||||||||
Short-term—government | 2,038 | — | 2,038 | ||||||||||||||||||||||
Short-term—corporate | 3,123 | — | 3,123 | ||||||||||||||||||||||
Equity securities: | |||||||||||||||||||||||||
U.S. Large cap value | 1,063 | 1,063 | — | ||||||||||||||||||||||
U.S. Large cap growth | 1,037 | 1,037 | — | ||||||||||||||||||||||
U.S. Mid cap value | 542 | 542 | — | ||||||||||||||||||||||
U.S. Mid cap growth | 536 | 536 | — | ||||||||||||||||||||||
U.S. Small cap value | 546 | 546 | — | ||||||||||||||||||||||
U.S. Small cap growth | 539 | 539 | — | ||||||||||||||||||||||
International | 1,134 | 1,134 | — | ||||||||||||||||||||||
Cash | 1,656 | 1,656 | — | ||||||||||||||||||||||
Total | $ | 17,863 | $ | 7,053 | $ | 10,810 | |||||||||||||||||||
Cash Flows—The Company expects to contribute approximately $1.0 million and $1.3 million in 2014 to its pension plans and other postretirement benefit plans, respectively. | |||||||||||||||||||||||||
The estimated benefit payments for each of the next five years and the five-year period thereafter are as follows: | |||||||||||||||||||||||||
Pension | Other | ||||||||||||||||||||||||
benefits | benefits | ||||||||||||||||||||||||
2014 | $ | 1,694 | $ | 1,269 | |||||||||||||||||||||
2015 | 1,704 | 1,109 | |||||||||||||||||||||||
2016 | 1,739 | 1,130 | |||||||||||||||||||||||
2017 | 1,737 | 963 | |||||||||||||||||||||||
2018 | 1,774 | 1,018 | |||||||||||||||||||||||
2019 - 2023 | 8,667 | 4,512 | |||||||||||||||||||||||
Total | $ | 17,315 | $ | 10,001 | |||||||||||||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||||||||||||||
Employee Benefit Plans | ' | ||||||||||||||||||||||||
-8 | Employee Benefit Plans | ||||||||||||||||||||||||
Deferred Compensation Plan | |||||||||||||||||||||||||
The Company sponsors an Employee 401(k) Savings Plan for all salaried employees and certain union employees. The plan provides for various required and discretionary Company matches of employees’ eligible compensation contributed to the plan and a discretionary profit sharing contribution as determined by the Company’s Board of Directors. The Company’s contributions to the plan were $0.5 million, $0.4 million and $0.3 million, for the years ended December 28, 2013, December 31, 2012 and December 31, 2011, respectively. | |||||||||||||||||||||||||
Defined Benefit Plans and Other Postretirement Benefits | |||||||||||||||||||||||||
Continental Cement sponsors two noncontributory defined benefit pension plans for hourly and salaried employees. The salaried employee pension plan was closed to new participants and frozen in January 2000 and the hourly employee pension plan was closed to new participants in May 2003 and frozen in January 2014. Pension benefits for certain eligible hourly employees are based on a monthly pension factor for each year of credited service. Pension benefits for certain eligible salaried employees are generally based on years of service and average eligible compensation. | |||||||||||||||||||||||||
Continental Cement also sponsors an unfunded healthcare and life insurance benefits plan for certain eligible retired employees. The retiree healthcare and life insurance plan was closed for salaried employees in January 2003 and hourly employees in July 2006. Effective January 1, 2012, the Company eliminated all future retiree health and life coverage for active salaried, nonunion hourly and certain union employees that retire on or after January 1, 2012. Effective January 1, 2014, the plan was amended to eliminate all future retiree health and life coverage for the remaining union employees. | |||||||||||||||||||||||||
The funded status of the pension and other postretirement benefit plans is recognized in the consolidated balance sheets as the difference between the fair value of plan assets and the benefit obligations. For defined benefit pension plans, the benefit obligation is the projected benefit obligation (“PBO”) and for the other postretirement benefit plans the benefit obligation is the accumulated postretirement benefit obligation (“APBO”). The PBO represents the actuarial present value of benefits expected to be paid upon retirement based on estimated future compensation levels. However, since the plans’ participants are not subject to future compensation increases, the plans’ PBO equals the APBO. The APBO represents the actuarial present value of postretirement benefits attributed to employee services already rendered. The fair value of plan assets represents the current market value of assets held by an irrevocable trust fund for the sole benefit of participants. The measurement of the benefit obligation is based on Continental Cement’s estimates and actuarial valuations provided by third-party actuaries. These valuations reflect the terms of the plan and use participant-specific information such as compensation, age and years of service, as well as certain assumptions that require significant judgment, including estimates of discount rates, expected return on plan assets, rate of compensation increases, interest crediting rates and mortality rates. | |||||||||||||||||||||||||
The Company uses its fiscal year-end as the measurement date for its defined benefit pension and other postretirement benefit plans. | |||||||||||||||||||||||||
Obligations and Funded Status—The following information is as of year-end 2013 and 2012 and for the years ended December 28, 2013, December 31, 2012 and December 31, 2011: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Pension | Other | Pension | Other | ||||||||||||||||||||||
benefits | benefits | benefits | benefits | ||||||||||||||||||||||
Change in benefit obligations: | |||||||||||||||||||||||||
Beginning of period | $ | 28,674 | $ | 15,810 | $ | 26,514 | $ | 14,467 | |||||||||||||||||
Service cost | 295 | 236 | 276 | 207 | |||||||||||||||||||||
Interest cost | 963 | 513 | 1,055 | 585 | |||||||||||||||||||||
Actuarial (gain) loss | (2,674 | ) | (1,048 | ) | 2,347 | 1,597 | |||||||||||||||||||
Special termination benefits | — | 39 | — | — | |||||||||||||||||||||
Benefits paid | (1,614 | ) | (1,395 | ) | (1,518 | ) | (1,046 | ) | |||||||||||||||||
End of period | 25,644 | 14,155 | 28,674 | 15,810 | |||||||||||||||||||||
Change in fair value of plan assets: | |||||||||||||||||||||||||
Beginning of period | 17,863 | — | 16,639 | — | |||||||||||||||||||||
Actual return on plan assets | 1,512 | — | 1,205 | — | |||||||||||||||||||||
Employer contributions | 1,313 | 1,395 | 1,537 | 1,046 | |||||||||||||||||||||
Benefits paid | (1,614 | ) | (1,395 | ) | (1,518 | ) | (1,046 | ) | |||||||||||||||||
End of period | 19,074 | — | 17,863 | — | |||||||||||||||||||||
Funded status of plans | $ | (6,570 | ) | $ | (14,155 | ) | $ | (10,811 | ) | $ | (15,810 | ) | |||||||||||||
Current liabilities | $ | — | $ | (1,268 | ) | $ | — | $ | (1,055 | ) | |||||||||||||||
Noncurrent liabilities | (6,570 | ) | (12,887 | ) | (10,811 | ) | (14,755 | ) | |||||||||||||||||
Liability recognized | $ | (6,570 | ) | $ | (14,155 | ) | $ | (10,811 | ) | $ | (15,810 | ) | |||||||||||||
Amounts recognized in accumulated other comprehensive income: | |||||||||||||||||||||||||
Net actuarial loss | $ | 4,831 | $ | 4,139 | $ | 8,056 | $ | 5,501 | |||||||||||||||||
Prior service cost | — | (1,346 | ) | — | (1,526 | ) | |||||||||||||||||||
Total amount recognized | $ | 4,831 | $ | 2,793 | $ | 8,056 | $ | 3,975 | |||||||||||||||||
The amount recognized in accumulated other comprehensive income (“AOCI”) is the actuarial loss, which has not yet been recognized in periodic benefit cost. At December 28, 2013, the actuarial loss expected to be amortized from AOCI to periodic benefit cost in 2014 is $0.1 million and $0.2 million for the pension and postretirement obligations, respectively. | |||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Amounts recognized in other comprehensive (gain) loss: | |||||||||||||||||||||||||
Net actuarial (gain) loss | $ | (2,838 | ) | $ | (1,048 | ) | $ | 2,444 | $ | 1,597 | $ | 4,066 | $ | 3,390 | |||||||||||
Prior service cost | — | 180 | — | — | — | (1,705 | ) | ||||||||||||||||||
Amortization of prior year service cost | — | — | — | 180 | — | — | |||||||||||||||||||
Amortization of (gain) loss | (387 | ) | (314 | ) | (261 | ) | (312 | ) | (5 | ) | (71 | ) | |||||||||||||
Total amount recognized | $ | (3,225 | ) | $ | (1,182 | ) | $ | 2,183 | $ | 1,465 | $ | 4,061 | $ | 1,614 | |||||||||||
Components of net periodic benefit cost: | |||||||||||||||||||||||||
Service cost | $ | 295 | $ | 236 | $ | 276 | $ | 207 | $ | 275 | $ | 227 | |||||||||||||
Interest cost | 963 | 513 | 1,055 | 585 | 1,161 | 710 | |||||||||||||||||||
Amortization of loss | 387 | 314 | 262 | 312 | 5 | 69 | |||||||||||||||||||
Expected return on plan assets | (1,348 | ) | — | (1,301 | ) | (180 | ) | (1,400 | ) | — | |||||||||||||||
Special termination benefits | — | 39 | — | — | — | — | |||||||||||||||||||
Amortization of Prior Service Credit | — | (180 | ) | — | — | — | — | ||||||||||||||||||
Net periodic benefit cost | $ | 297 | $ | 922 | $ | 292 | $ | 924 | $ | 41 | $ | 1,006 | |||||||||||||
Assumptions—Weighted-average assumptions used to determine the benefit obligations as of year-end 2013 and 2012 are: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Pension | Other | Pension | Other | ||||||||||||||||||||||
benefits | benefits | benefits | benefits | ||||||||||||||||||||||
Discount rate | 4.21% - 4.46% | 4.33% | 3.30% - 3.57% | 3.41% | |||||||||||||||||||||
Expected long-term rate of return on plan assets | 7.5 | % | N/A | 7.5 | % | N/A | |||||||||||||||||||
Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 28, 2013, December 31, 2012 and December 31, 2011: | |||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Discount rate | 3.30% - 3.57% | 3.41% | 3.89% - 4.07% | 4.00% | 4.94% - 5.12.% | 5.07% | |||||||||||||||||||
Expected long-term rate of return on plan assets | 7.5 | % | N/A | 7.5 | % | N/A | 8.5 | % | N/A | ||||||||||||||||
The expected long-term return on plan assets is based upon the plans’ consideration of historical and forward-looking returns and the Company’s estimation of what a portfolio, with the target allocation described below, will earn over a long-term horizon. The discount rate is derived using the Citigroup Pension Discount Curve. | |||||||||||||||||||||||||
Assumed health care cost trend rates are 9% grading to 7% and 9% grading to 7% as of year end 2013 and 2012, respectively. Assumed health care cost trend rates have a significant effect on the amounts reported for the Company’s post-retirement medical and life plans. A one percentage-point change in assumed health care cost trend rates would have the following effects as of year-end 2013 and 2012: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Increase | Decrease | Increase | Decrease | ||||||||||||||||||||||
Total service cost and interest cost components | $ | 66 | $ | (55 | ) | $ | 73 | $ | (63 | ) | |||||||||||||||
Estimated APBO | 1,251 | (1,073 | ) | 1,555 | (1,331 | ) | |||||||||||||||||||
Plan Assets—The defined benefit pension plans’ (the “Plans”) investment strategy is to minimize investment risk while generating acceptable returns. The Plans currently invest a relatively high proportion of their assets in fixed income securities, while the remainder is invested in equity securities, cash reserves and precious metals. The equity securities are diversified into funds with growth and value investment strategies. The target allocation for plan assets is as follows: equity securities – 30%; fixed income securities –63%; cash reserves –5%; and precious metals –2%. The Plans’ current investment allocations are within the tolerance of the target allocation. | |||||||||||||||||||||||||
Fair value determinations are based on the following hierarchy, which prioritizes the inputs used to measure fair value: | |||||||||||||||||||||||||
• | Level 1—Quoted prices in active markets for identical assets and liabilities | ||||||||||||||||||||||||
• | Level 2—Observable inputs, other than quoted prices, for similar assets or liabilities in active markets | ||||||||||||||||||||||||
• | Level 3—Unobservable inputs, which includes the use of valuation models | ||||||||||||||||||||||||
The Company had no Level 3 investments as of or during the years ended December 28, 2013 and December 31, 2012. At year-end 2013 and 2012, the Plans’ assets were invested predominantly in publicly traded fixed-income securities and equities, but may invest in other asset classes in the future subject to the parameters of the investment policy. The Plans’ investments in fixed-income assets include U.S. Treasury and U.S. agency securities and corporate bonds. The Plans’ investments in equities include U.S. and international securities and equity funds. The Company estimates the fair value of the Plans’ assets using various valuation techniques and, to the extent available, quoted market prices in active markets or observable market inputs. The descriptions and fair value methodologies for the Plans’ assets are as follows: | |||||||||||||||||||||||||
Fixed Income Securities—Corporate and government bonds are classified as Level 2 assets, as they are either valued at quoted market prices from observable pricing sources at the reporting date or valued based upon comparable securities with similar yields and credit ratings. | |||||||||||||||||||||||||
Equity Securities—Equity securities are valued at the closing market price reported on a U.S. exchange where the security is actively traded and are therefore classified as Level 1 assets. | |||||||||||||||||||||||||
Cash—The carrying amounts of cash approximate fair value due to the short-term maturity. | |||||||||||||||||||||||||
Precious Metals—Precious metals are valued at the closing market price reported on a U.S. exchange where the security is actively traded and are therefore classified as Level 1 assets. | |||||||||||||||||||||||||
The fair value of the Company’s pension plans’ assets by asset class and fair value hierarchy level as of year-end 2013 and 2012 are as follows: | |||||||||||||||||||||||||
2013 | |||||||||||||||||||||||||
Total fair | Quoted prices in active | Observable | |||||||||||||||||||||||
value | markets for identical | inputs (Level 2) | |||||||||||||||||||||||
assets (Level 1) | |||||||||||||||||||||||||
Fixed income securities: | |||||||||||||||||||||||||
Intermediate—government | $ | 1,647 | $ | — | $ | 1,647 | |||||||||||||||||||
Intermediate—corporate | 3,138 | — | 3,138 | ||||||||||||||||||||||
Short-term—government | 2,168 | — | 2,168 | ||||||||||||||||||||||
Short-term—corporate | 4,040 | — | 4,040 | ||||||||||||||||||||||
Equity securities: | |||||||||||||||||||||||||
U.S. Large cap value | 1,221 | 1,221 | — | ||||||||||||||||||||||
U.S. Large cap growth | 1,536 | 1,536 | — | ||||||||||||||||||||||
U.S. Mid cap value | 600 | 600 | — | ||||||||||||||||||||||
U.S. Mid cap growth | 603 | 603 | — | ||||||||||||||||||||||
U.S. Small cap value | 610 | 610 | — | ||||||||||||||||||||||
U.S. Small cap growth | 599 | 599 | — | ||||||||||||||||||||||
International | 889 | 889 | — | ||||||||||||||||||||||
Cash | 1,665 | 1,665 | — | ||||||||||||||||||||||
Precious metals | 358 | 358 | — | ||||||||||||||||||||||
Total | $ | 19,074 | $ | 8,081 | $ | 10,993 | |||||||||||||||||||
2012 | |||||||||||||||||||||||||
Total | Quoted prices in active | Observable | |||||||||||||||||||||||
fair | markets for identical | inputs | |||||||||||||||||||||||
value | assets (Level 1) | (Level 2) | |||||||||||||||||||||||
Fixed income securities: | |||||||||||||||||||||||||
Intermediate—government | $ | 1,247 | $ | — | $ | 1,247 | |||||||||||||||||||
Intermediate—corporate | 4,402 | — | 4,402 | ||||||||||||||||||||||
Short-term—government | 2,038 | — | 2,038 | ||||||||||||||||||||||
Short-term—corporate | 3,123 | — | 3,123 | ||||||||||||||||||||||
Equity securities: | |||||||||||||||||||||||||
U.S. Large cap value | 1,063 | 1,063 | — | ||||||||||||||||||||||
U.S. Large cap growth | 1,037 | 1,037 | — | ||||||||||||||||||||||
U.S. Mid cap value | 542 | 542 | — | ||||||||||||||||||||||
U.S. Mid cap growth | 536 | 536 | — | ||||||||||||||||||||||
U.S. Small cap value | 546 | 546 | — | ||||||||||||||||||||||
U.S. Small cap growth | 539 | 539 | — | ||||||||||||||||||||||
International | 1,134 | 1,134 | — | ||||||||||||||||||||||
Cash | 1,656 | 1,656 | — | ||||||||||||||||||||||
Total | $ | 17,863 | $ | 7,053 | $ | 10,810 | |||||||||||||||||||
Cash Flows—The Company expects to contribute approximately $1.0 million to its pension plans and $1.3 million to its other postretirement benefit plans in 2014. | |||||||||||||||||||||||||
The estimated benefit payments for each of the next five years and the five-year period thereafter are as follows: | |||||||||||||||||||||||||
Pension | Other | ||||||||||||||||||||||||
benefits | benefits | ||||||||||||||||||||||||
2014 | $ | 1,694 | $ | 1,269 | |||||||||||||||||||||
2015 | 1,704 | 1,109 | |||||||||||||||||||||||
2016 | 1,739 | 1,130 | |||||||||||||||||||||||
2017 | 1,737 | 963 | |||||||||||||||||||||||
2018 | 1,774 | 1,018 | |||||||||||||||||||||||
2019 - 2023 | 8,667 | 4,512 | |||||||||||||||||||||||
Total | $ | 17,315 | $ | 10,001 | |||||||||||||||||||||
Accrued_Mining_and_Landfill_Re
Accrued Mining and Landfill Reclamation | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Asset Retirement Obligation Disclosure [Abstract] | ' | ||||||||
Accrued Mining and Landfill Reclamation | ' | ||||||||
(12) Accrued Mining and Landfill Reclamation | |||||||||
The Company has asset retirement obligations arising from regulatory requirements to perform certain reclamation activities at the time that certain quarries and landfills are closed, which are primarily included in other noncurrent liabilities on the consolidated balance sheets. The current portion of the liabilities, $0.5 million and $0.4 million as of December 28, 2013 and December 29, 2012, respectively, is included in accrued and other liabilities on the consolidated balance sheets. The liability was initially measured at fair value and subsequently is adjusted for accretion expense, payments and changes in the amount or timing of the estimated cash flows. The corresponding asset retirement costs are capitalized as part of the carrying amount of the related long-lived asset and depreciated over the asset’s remaining useful life. The following table presents the activity for the asset retirement obligations for the years ended December 28, 2013 and December 29, 2012: | |||||||||
2013 | 2012 | ||||||||
Beginning balance | $ | 14,844 | $ | 13,328 | |||||
Acquired obligations | 286 | 364 | |||||||
Change in cost estimate | 721 | 604 | |||||||
Settlement of reclamation obligations | (1,201 | ) | (77 | ) | |||||
Additional liabilities incurred | 414 | — | |||||||
Accretion expense | 717 | 625 | |||||||
Ending balance | $ | 15,781 | $ | 14,844 | |||||
Commitments_and_Contingencies
Commitments and Contingencies | 12 Months Ended | |
Dec. 28, 2013 | ||
Commitments and Contingencies | ' | |
(13) Commitments and Contingencies | ||
Litigation and Claims—Summit Materials is party to certain legal actions arising from the ordinary course of business activities. In the opinion of management, these actions are without merit or the ultimate disposition, if any, resulting from them will not have a material effect on Summit Materials’ consolidated financial position, results of operations or liquidity. Summit Materials’ policy is to record legal fees as incurred. | ||
The Company is obligated under an indemnification agreement entered into with the sellers of Harper Contracting, Inc., Harper Sand and Gravel, Inc., Harper Excavating, Inc., Harper Ready Mix Company, Inc. and Harper Investments, Inc. (collectively, “Harper”) for the sellers’ ownership interests in a joint venture agreement. Summit Materials has the rights to any benefits under the joint venture as well as the assumption of any obligations, but does not own equity interests in the joint venture. The joint venture has incurred significant losses on a highway project in Utah, which have resulted in requests for funding from the joint venture partners and ultimately from the Company. Through year-end 2013, the Company has funded $8.8 million, $4.0 million in 2012 and $4.8 million in 2011. In 2012 and 2011, the Company recognized losses on the indemnification agreement of $8.0 million and $1.9 million, respectively, which are included in general and administrative expenses. As of year-end 2013 and 2012, an accrual of $4.3 million was recorded in other noncurrent liabilities as management’s best estimate of future funding obligations. | ||
In February 2011, the Company incurred a property loss related to a sunken barge with cement product aboard. In the year-ended December 28, 2013, the Company recognized $0.8 million of charges for lost product aboard the barge and costs to remove the barge from the waterway. As of December 28, 2013 and December 29, 2012, $0.9 million is included in accrued expenses as management’s best estimate of the remaining costs to remove the barge. | ||
Environmental Remediation—Summit Materials’ mining operations are subject to and affected by federal, state and local laws and regulations relating to the environment, health and safety and other regulatory matters. These operations require environmental operating permits, which are subject to modification, renewal and revocation. Summit Materials regularly monitors and reviews its operations, procedures and policies for compliance with these laws and regulations. Despite these compliance efforts, risk of environmental liability is inherent in the operation of Summit Materials’ business, as it is with other companies engaged in similar businesses and there can be no assurance that environmental liabilities will not have a material adverse effect on Summit Materials’ consolidated financial position, results of operations or liquidity. | ||
Other—During the course of business, there may be revisions to project costs and conditions that can give rise to change orders. Revisions can also result in claims we might make against the customer or a subcontractor to recover project variances that have not been satisfactorily addressed through change orders with the customer. As of year-end 2013 and 2012, unapproved change orders and claims were $3.2 million ($0.5 million in costs and estimated earnings in excess of billings and $2.7 million in other assets) and $4.8 million ($1.6 million in costs and estimated earnings in excess of billings and $3.2 million in other assets), respectively. | ||
The Company is obligated under various firm purchase commitments for certain raw materials and services that are in the ordinary course of business. Management does not expect any significant changes in the market value of these goods and services during the commitment period that would have a material adverse effect on the financial position, results of operations, and cash flows of the Company. The terms of the purchase commitments are generally less than one year. | ||
Continental Cement Company, L.L.C. [Member] | ' | |
Commitments and Contingencies | ' | |
-9 | Commitments and Contingencies | |
Litigation and Claims | ||
Continental Cement is party to certain legal actions arising from the ordinary course of business activities. In the opinion of management, these actions are without merit or that the ultimate disposition, if any, resulting from them will not have a material effect on Continental Cement’s consolidated financial position, results of operations or liquidity. Continental Cement’s policy is to record legal fees as incurred. | ||
In February 2011, Continental Cement incurred a property loss related to a sunken barge with cement product aboard. As of December 28, 2013 and December 31, 2012, the Company had a $0.9 million accrual for the estimated remaining costs to remove the barge. | ||
Environmental Remediation | ||
Continental Cement’s manufacturing operations are subject to and affected by Federal, state and local laws and regulations relating to the environment, health and safety and other regulatory matters. These operations require environmental operating permits, which are subject to modification, renewal and revocation. Continental Cement regularly monitors and reviews its operations, procedures and policies for compliance with these laws and regulations. Despite these compliance efforts, risk of environmental liability is inherent in the operation of Continental Cement’s business, as it is with other companies engaged in similar businesses and there can be no assurance that environmental liabilities will not have a material adverse effect on Continental Cement’s financial position, results of operations or liquidity in the future. | ||
Other | ||
Continental Cement is obligated under various firm purchase commitments for certain raw materials and services that are in the ordinary course of business. Management does not expect any significant changes in the market value of these goods and services during the commitment period that would have a material adverse effect on the financial position, results of operations, and cash flows of Continental Cement. The terms of the purchase commitments are generally less than one year. | ||
As of December 28, 2013, approximately 62% of the Company’s employees were represented by labor organizations under collective bargaining agreements. The Company’s collective bargaining agreements for such employees generally expire between 2013 and 2015. The contract that expired in 2013 contract was successfully renegotiated and ratified in December 2013 and is expected to be finalized in the first quarter of 2014 with a term that will extend through 2018. |
RelatedParty_Transactions
Related-Party Transactions | 12 Months Ended | |
Dec. 28, 2013 | ||
Related-Party Transactions | ' | |
(14) Related-Party Transactions | ||
The Company incurred management fees paid to Blackstone Management Partners L.L.C. (“BMP”) totaling $2.6 million, $2.1 million and $3.0 million in 2013, 2012 and 2011, respectively, under terms of an agreement dated July 30, 2009, between Parent and BMP. Under the terms of the agreement, BMP is permitted to, and has, assigned a portion of the fees to which it is entitled to receive to Silverhawk Summit, L.P. and to certain members of management. The fees were paid for consultancy services related to acquisition activities and are included in general and administrative expenses. | ||
The Company purchased equipment from a noncontrolling member of Continental Cement for approximately $2.3 million, inclusive of $0.1 million of interest, in 2011, which was paid for in 2012. | ||
Summit Materials earned revenue of $0.6 million, $7.9 million and $8.6 million and incurred costs of $0.2 million, $0.2 million and $0.7 million in connection with several transactions with unconsolidated affiliates for the years ended December 28, 2013, December 29, 2012 and December 31, 2011, respectively. As of December 28, 2013 and December 29, 2012, accounts receivable from affiliates was $0.4 million and $1.9 million, respectively, and accounts payable to affiliates was zero and $0.2 million, respectively. | ||
Cement sales to companies owned by certain noncontrolling members of Continental Cement were approximately $12.7 million, $12.5 million and $9.5 million for the years ended December 28, 2013, December 29, 2012 and December 2011, respectively, and accounts receivable due from these parties were approximately $0.2 million and $1.0 million as of December 28, 2013 and December 29, 2012, respectively. | ||
As of year-end 2013 and 2012, the Company had accrued interest payments of $0.7 million and $2.1 million, respectively, due to a certain noncontrolling member for a related-party note, which is expected to be paid in 2014. The principal balance on the note was repaid as part of the January 2012 financing transactions. | ||
Continental Cement Company, L.L.C. [Member] | ' | |
Related-Party Transactions | ' | |
-10 | Related-Party Transactions | |
The Company purchased equipment from a certain noncontrolling member for approximately $2.3 million in 2011, which was paid for in 2012. | ||
As of year-end 2013 and 2012, the Company had accrued interest payments of $0.7 million and $2.1 million, respectively, due to a certain noncontrolling member for a related-party note, which is expected to be paid in 2014. The principal balance on the note was repaid in January 2012. | ||
Cement sales to companies owned by certain noncontrolling members of Continental Cement were approximately $12.7 million, $12.5 million and $9.5 million during the years ended December 28, 2013, December 31, 2012 and December 31, 2011, respectively, and accounts receivables due from these parties were approximately $0.2 million and $1.0 million as of December 28, 2013 and December 31, 2012, respectively. | ||
Cement sales to subsidiaries of Summit Materials were approximately $4.5 million, $3.8 million and $2.8 million for the years ended December 28, 2013, December 31, 2012 and December 31, 2011, respectively, and accounts receivable due from these parties were approximately $0.2 million as of December 28, 2013 and December 31, 2012. | ||
Waste fuel sales by Continental Cement to American Environmental Services, Inc., which owned a noncontrolling interest in GAR until the Company purchased its interest in 2011, were approximately $0.7 million in the year ended December 31, 2011. After the Company purchased American Environmental Services, Inc.’s interest in GAR, American Environmental Services, Inc. ceased to be a related party. |
AcquisitionRelated_Liabilities
Acquisition-Related Liabilities | 12 Months Ended | ||||
Dec. 28, 2013 | |||||
Business Combinations [Abstract] | ' | ||||
Acquisition-Related Liabilities | ' | ||||
(15) Acquisition-Related Liabilities | |||||
A number of acquisition-related liabilities have been recorded subject to terms in the relevant purchase agreements. There are three main categories of such obligations, deferred consideration, noncompete payments and earn-out obligations. Noncompete payments have been accrued where certain former owners of newly acquired companies have entered into standard noncompete arrangements. Subject to terms and conditions stated in these noncompete agreements, payments are generally made over a five-year period. Deferred consideration is purchase price consideration paid in the future as agreed to in the purchase agreement and is not contingent on future events. Deferred consideration is scheduled to be paid in years ranging from 5 to 20 years in either monthly, quarterly or annual installments. The remaining payments due under these noncompete and deferred consideration agreements are as follows: | |||||
2014 | $ | 10,790 | |||
2015 | 6,742 | ||||
2016 | 5,950 | ||||
2017 | 5,910 | ||||
2018 | 5,370 | ||||
Thereafter | 9,963 | ||||
Total scheduled payments | 44,725 | ||||
Present value adjustments | (12,242 | ) | |||
Total noncompete obligations and deferred consideration | $ | 32,483 | |||
Accretion on the deferred consideration and noncompete obligations is recorded in interest expense. |
Supplemental_Cash_Flow_Informa
Supplemental Cash Flow Information | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | |||||||||||||
Supplemental Cash Flow Information | ' | ||||||||||||
(16) Supplemental Cash Flow Information | |||||||||||||
Supplemental cash flow information for the years ended December 28, 2013, December 29, 2012 and December 31, 2011 is as follows: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Cash payments: | |||||||||||||
Interest | $ | 52,001 | $ | 36,357 | $ | 41,790 | |||||||
Income taxes | 457 | 799 | 5,608 | ||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||
Supplemental Cash Flow Information | ' | ||||||||||||
-11 | Supplemental Cash Flow Information | ||||||||||||
Supplemental cash flow information is as follows for the years ended December 28, 2013, December 31, 2012 and December 31, 2011: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Cash paid for interest | $ | 11,488 | $ | 7,353 | $ | 12,946 | |||||||
Non cash financing activities: | |||||||||||||
Proceeds on borrowings due to Summit Materials | $ | — | $ | 156,842 | $ | — | |||||||
Repayment by Summit Materials of long-term debt and accrued interest | — | (156,842 | ) | — |
Leasing_Arrangements
Leasing Arrangements | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Leasing Arrangements | ' | ||||||||
(17) Leasing Arrangements | |||||||||
Rent expense, including short-term rentals, during the years ended December 28, 2013, December 29, 2012 and December 31, 2011 was $4.0 million, $3.5 million and $4.3 million, respectively. The Company has lease agreements associated with quarry facilities under which royalty payments are made. The payments are generally based on tons sold in a particular period; however, certain agreements have minimum annual payments. Royalty expense recorded in cost of revenue during the years ended December 28, 2013, December 29, 2012 and December 31, 2011 was $4.5 million, $3.9 million and $3.1 million, respectively. Minimum contractual commitments under long-term operating leases, which primarily relate to land, plant and equipment and under royalty agreements as of December 28, 2013, are as follows: | |||||||||
Operating | Royalty | ||||||||
Leases | Agreements | ||||||||
2014 | $ | 4,034 | $ | 2,044 | |||||
2015 | 3,890 | 2,065 | |||||||
2016 | 3,098 | 1,974 | |||||||
2017 | 2,376 | 2,047 | |||||||
2018 | 1,983 | 1,434 | |||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Leasing Arrangements | ' | ||||||||
-12 | Leasing Arrangements | ||||||||
Rent expense incurred, including short term rentals, primarily related to land and equipment, was $0.4 million, $0.5 million and $0.4 million for the years ended December 28, 2013, December 31, 2012 and December 31, 2011, respectively. | |||||||||
Minimum rental commitments under long-term operating leases as of December 28, 2013, are as follows: | |||||||||
2014 | $ | 378 | |||||||
2015 | 341 | ||||||||
2016 | 325 | ||||||||
2017 | 291 | ||||||||
2018 | 291 |
Redeemable_Noncontrolling_Inte
Redeemable Noncontrolling Interest | 12 Months Ended |
Dec. 28, 2013 | |
Noncontrolling Interest [Abstract] | ' |
Redeemable Noncontrolling Interest | ' |
(18) Redeemable Noncontrolling Interest | |
The Company owns 100 Class A Units of Continental Cement, which represent an approximately 70% economic interest and have a preference in liquidation to the Class B Units. Continental Cement issued 100,000,000 Class B Units in May 2010, which remain outstanding and represent an approximately 30% economic interest. | |
Continental Cement’s Class A Units include a cumulative distribution preference which requires, to the extent distributions are authorized by its Board of Directors, Continental Cement Class A Units receive, prior to any distributions to the Class B Unit holders, a priority return of 11% accruing daily and compounding annually on each anniversary of the date of issuance to Class A Unit holders. To the extent the priority return is not made in a given year, the amount of the priority return will increase the liquidation preference of the Class A Units up to an 80% allowable sharing percentage in distributions and liquidation proceeds. The Company holds all the Class A Units. No distributions are currently anticipated. | |
The Continental Cement Amended and Restated Limited Liability Company Agreement (as amended, the “LLC Agreement”) provides Summit Materials with a call option that allows the Company to call the Class B Units held by the owners of Continental Cement prior to Summit Materials’ purchase of the Class A Units (“Rollover Members”), at a strike price that approximates fair value, on the earlier of May 2016, on the date that Summit Materials affects an initial public offering or upon any other change of control of Summit Materials. The Rollover Members have a put option that allows them to put the Class B Units to Summit Materials, at a strike price that approximates fair value, exercisable if there is a change of control of the Summit Materials Class A Units, or after May 2016. Finally, the LLC Agreement includes transfer restrictions which prohibit the Rollover Members from transferring their Class B Units without the consent of the Board of Continental Cement. | |
Because the Class B Units can be put to Continental Cement by the Rollover Members in the future based on the passage of time, which can be accelerated upon the occurrence of a contingent event, Summit Materials’ noncontrolling interest is classified in temporary equity. The redemption value is based upon the estimated fair value of Continental Cement, which is valued using Level 3 inputs. Summit Materials elected to accrete changes in the redemption value of the noncontrolling interest over the period from the date of issuance to the earliest anticipated redemption date of the instrument, which is currently May 2016, using an interest method. The accretion is as an adjustment to the consolidated accumulated deficit. The redemption value of the redeemable noncontrolling interest as of year-end 2013 and 2012 approximated its carrying value. |
Employee_Long_Term_Incentive_P
Employee Long Term Incentive Plan | 12 Months Ended | ||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||
Contractors [Abstract] | ' | ||||||||||||||||
Employee Long Term Incentive Plan | ' | ||||||||||||||||
(19) Employee Long Term Incentive Plan | |||||||||||||||||
Certain employees of the Company hold Class D unit interests in Parent that provide rights to cash distributions based on a predetermined distribution formula upon the general partner of Parent declaring a distribution. | |||||||||||||||||
Certain of the Class D units vest with the passage of time (time-vesting interests) and the remaining vest when certain investment returns are achieved by the investors of Parent (performance-vesting interests). Of the time-vesting-interests, 20% vest on the first anniversary and the remaining 80% vest monthly over a period of four years following the first anniversary date. Units that are not vested in accordance with their terms within eight years are automatically forfeited without consideration. | |||||||||||||||||
If the employee leaves the Company, the Company can (1) purchase the vested Class D units for a lump sum payment provided certain conditions have been met or (2) elect to convert all of the employee’s Class D units into a right to receive future distributions capped at a termination amount. The termination amount is determined as an amount equal to the fair market value of the Class D unit holder’s vested interests minus any amounts already distributed to the Class D unit holders respective of those Class D units plus interest on the difference between such fair market value and amounts already distributed. The fair value of the time-vesting Class D units granted in 2013, 2012 and 2011 totaled $1.6 million, $1.1 million and $3.4 million, respectively. The weighted-average grant-date fair value in 2013, 2012 and 2011 was $2,786, $3,761 and $3,876, respectively. The following table summarizes information for the Class D unit interests: | |||||||||||||||||
Time-vesting Interests | Performance-vesting | ||||||||||||||||
Interests | |||||||||||||||||
Number of | Weighted | Number of | Weighted | ||||||||||||||
units | average grant- | units | average grant- | ||||||||||||||
date fair value | date fair value | ||||||||||||||||
per unit | per unit | ||||||||||||||||
Beginning balance—December 29, 2012 | 1,692 | $ | 3,864 | 4,202 | $ | 3,087 | |||||||||||
Granted | 584 | 2,786 | 759 | 2,314 | |||||||||||||
Vested | (772 | ) | 3,896 | — | — | ||||||||||||
Forfeited | (2 | ) | 3,893 | (5 | ) | 3,176 | |||||||||||
Cancelled | (61 | ) | 2,208 | (79 | ) | 1,388 | |||||||||||
Balance—December 28, 2013 | 1,441 | 4,877 | |||||||||||||||
The estimated fair value at December 28, 2013 of shares vested during 2013 was $2.2 million. As of year-end 2013 and 2012, the cumulative amount of units vested total 2,531 and 1,732, respectively. The fair value of the Class D units is estimated as of the grant date using Monte Carlo simulations, which requires the input of subjective assumptions, including the expected volatility and the expected term. The following table presents the weighted average assumptions used to estimate the fair value of grants in 2013, 2012 and 2011: | |||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||
Class D Units | |||||||||||||||||
Risk-free interest rate | 0.50% | 1.62% | 1.71% - 2.39% | ||||||||||||||
Dividend yield | None | None | None | ||||||||||||||
Volatility | 58% | 47% | 42% - 49% | ||||||||||||||
Expected term | 4 years | 6 - 8 years | 6 - 8 years | ||||||||||||||
The risk-free rate is based on the yield at the date of grant of a U.S. Treasury security with a maturity period approximating the expected term. As the Company has no plans to issue regular dividends, a dividend yield of zero was used. The volatility assumption is based on reported data of a peer group of publically traded companies for which historical information was available adjusted for the Company’s capital structure. The expected term is based on expectations about future exercises and represents the period of time that the units granted are expected to be outstanding. | |||||||||||||||||
Compensation expense for time-vesting interest granted is based on the grant-date fair value. The Company recognizes these compensation costs on a straight-line basis over the service period, which is generally the vesting period of the award. A forfeiture rate assumption is factored into the compensation cost based on historical forfeitures. Compensation expense for performance-vesting interests would be recognized based on the grant date fair value. However, no compensation expense has been recognized for the performance-vesting interests, as management does not believe it is currently probable that certain investment returns, the performance criteria, will be achieved. | |||||||||||||||||
Share-based compensation expense, which is recognized in general and administrative expenses, totaled $2.3 million, $2.5 million and $2.5 million in the years ended December 28, 2013, December 29, 2012 and December 31, 2011, respectively. As of December 28, 2013, unrecognized compensation cost totaled $4.6 million. The weighted average remaining contractual term over which the unrecognized compensation cost is to be recognized is 2.6 years as of year-end 2013. |
Segment_Information
Segment Information | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | |||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||
Segment Information | ' | ||||||||||||
(20) Segment Information | |||||||||||||
The Company has determined that it has three operating segments, which are its reportable segments: Central; West; and East regions. These segments are consistent with the Company’s management reporting structure. The operating results of each segment are regularly reviewed and evaluated separately by the Chief Executive Officer, the Company’s Chief Operating Decision Maker (“CODM”). The CODM primarily evaluates the performance of its segments and allocates resources to them based on segment profit, which is computed as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, accretion and goodwill impairment. In addition, certain items such as management fees are excluded from the calculation of segment profit. | |||||||||||||
Each region has several acquired subsidiaries that are engaged in various activities including quarry mining, aggregate production and contracting. Assets employed by segment include assets directly identified with those operations. Corporate assets consist primarily of cash, property, plant and equipment for corporate operations and other assets not directly identifiable with a reportable business segment. The accounting policies applicable to each segment are consistent with those used in the consolidated financial statements. | |||||||||||||
The following tables display selected financial data for the Company’s reportable business segments for the following fiscal years: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Revenue: | |||||||||||||
Central region | $ | 329,621 | $ | 302,113 | $ | 264,008 | |||||||
West region | 426,195 | 484,922 | 362,577 | ||||||||||
East region | 160,385 | 139,219 | 162,491 | ||||||||||
Total revenue | $ | 916,201 | $ | 926,254 | $ | 789,076 | |||||||
2013 | 2012 | 2011 | |||||||||||
Segment profit (loss): | |||||||||||||
Central region | $ | 72,918 | $ | 65,767 | $ | 65,651 | |||||||
West region | 28,607 | 14,429 | 36,442 | ||||||||||
East region | 15,134 | 10,782 | 15,504 | ||||||||||
Corporate and other(1) | (24,878 | ) | (15,560 | ) | (9,877 | ) | |||||||
Total reportable segments and corporate | 91,781 | 75,418 | 107,720 | ||||||||||
Interest expense | 56,443 | 58,079 | 47,784 | ||||||||||
Depreciation, depletion, amortization and accretion | 72,934 | 68,290 | 61,377 | ||||||||||
Goodwill impairment | 68,202 | — | — | ||||||||||
Loss from continuing operations before taxes | $ | (105,798 | ) | $ | (50,951 | ) | $ | (1,441 | ) | ||||
-1 | Corporate results primarily consist of compensation and office expenses for employees included in the Company’s headquarters and transactions costs. | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
Cash paid for capital expenditures: | |||||||||||||
Central region | $ | 33,030 | $ | 20,996 | $ | 20,078 | |||||||
West region | 21,856 | 14,993 | 9,256 | ||||||||||
East region | 7,753 | 8,736 | 9,311 | ||||||||||
Total reportable segments | 62,639 | 44,725 | 38,645 | ||||||||||
Corporate and other | 3,360 | 763 | 11 | ||||||||||
Total capital expenditures | $ | 65,999 | $ | 45,488 | $ | 38,656 | |||||||
2013 | 2012 | 2011 | |||||||||||
Depreciation, depletion, amortization and accretion: | |||||||||||||
Central region | $ | 33,808 | $ | 30,215 | $ | 27,646 | |||||||
West region | 24,167 | 23,771 | 19,706 | ||||||||||
East region | 14,493 | 14,223 | 13,938 | ||||||||||
Total reportable segments | 72,468 | 68,209 | 61,290 | ||||||||||
Corporate and other | 466 | 81 | 87 | ||||||||||
Total depreciation, depletion, amortization and accretion | $ | 72,934 | $ | 68,290 | $ | 61,377 | |||||||
2013 | 2012 | 2011 | |||||||||||
Total assets: | |||||||||||||
Central region | $ | 657,421 | $ | 610,003 | $ | 587,341 | |||||||
West region | 383,544 | 428,115 | 451,017 | ||||||||||
East region | 192,486 | 224,603 | 238,018 | ||||||||||
Total reportable segments | 1,233,451 | 1,262,721 | 1,276,376 | ||||||||||
Corporate and other | 14,343 | 18,492 | 7,889 | ||||||||||
Total assets | $ | 1,247,794 | $ | 1,281,213 | $ | 1,284,265 | |||||||
2013 | 2012 | 2011 | |||||||||||
Revenue by product:* | |||||||||||||
Aggregates | $ | 159,019 | $ | 146,991 | $ | 116,082 | |||||||
Cement | 76,211 | 77,676 | 69,664 | ||||||||||
Ready-mixed concrete | 112,878 | 100,941 | 94,302 | ||||||||||
Asphalt | 219,811 | 242,458 | 182,952 | ||||||||||
Construction and paving | 478,280 | 505,189 | 464,866 | ||||||||||
Other | (129,998 | ) | (147,001 | ) | (138,790 | ) | |||||||
Total revenue | $ | 916,201 | $ | 926,254 | $ | 789,076 | |||||||
* | Revenue by product includes intracompany sales transferred at market value. The elimination of intracompany transactions is included in Other. |
Senior_Notes_Guarantor_and_Non
Senior Notes' Guarantor and Non-Guarantor Financial Information | 12 Months Ended | ||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||
Organization Consolidation And Presentation Of Financial Statements [Abstract] | ' | ||||||||||||||||||||||||
Senior Notes' Guarantor and Non-Guarantor Financial Information | ' | ||||||||||||||||||||||||
(21) Senior Notes’ Guarantor and Non-Guarantor Financial Information | |||||||||||||||||||||||||
The Company’s 100 percent-owned subsidiary companies (“Wholly-owned Guarantors”) and Continental Cement (“Non Wholly-owned Guarantor”), are named as guarantors (collectively, the “Guarantors”) of the Senior Notes. Other partially-owned subsidiaries do not guarantee the Senior Notes (collectively, the “Non-Guarantors”), including a subsidiary of Continental Cement. The Guarantors provide a joint and several, full and unconditional guarantee of the Senior Notes. There are no significant restrictions on the Company’s ability to obtain funds from any of the Guarantor Subsidiaries in the form of a dividend or loan. Additionally, there are no significant restrictions on a Guarantor Subsidiary’s ability to obtain funds from the Company or its direct or indirect subsidiaries. | |||||||||||||||||||||||||
The following condensed consolidating balance sheets, statements of operations and cash flows are provided for Summit Materials (referred to as “Parent” in the condensed financial statements below), the Non-Wholly-owned Guarantor, the Wholly-owned Guarantors and the Non-Guarantors. Summit Materials Finance Corp. as a co-issuer of the Senior Notes, had no transactions during the respective periods or assets as of December 28, 2013 and December 29, 2012. Earnings from subsidiaries are included in other income in the condensed consolidated statements of operations below. The financial information may not necessarily be indicative of results of operations, cash flows or financial position had the guarantor or non-guarantor subsidiaries operated as independent entities. | |||||||||||||||||||||||||
Condensed Consolidating Balance Sheets | |||||||||||||||||||||||||
December 28, 2013 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||
Current assets: | |||||||||||||||||||||||||
Cash | $ | 10,375 | $ | 9 | $ | 3,442 | $ | 3,631 | $ | (2,540 | ) | $ | 14,917 | ||||||||||||
Accounts receivable, net | — | 4,587 | 93,102 | 3,100 | (1,452 | ) | 99,337 | ||||||||||||||||||
Intercompany receivables | 38,134 | 3,433 | 30,787 | — | (72,354 | ) | — | ||||||||||||||||||
Cost and estimated earnings in excess of billings | — | — | 10,539 | 228 | — | 10,767 | |||||||||||||||||||
Inventories | — | 10,402 | 85,372 | 658 | — | 96,432 | |||||||||||||||||||
Other current assets | 750 | 444 | 11,715 | 272 | — | 13,181 | |||||||||||||||||||
Total current assets | 49,259 | 18,875 | 234,957 | 7,889 | (76,346 | ) | 234,634 | ||||||||||||||||||
Property, plant and equipment, net | 3,969 | 301,908 | 518,935 | 6,966 | — | 831,778 | |||||||||||||||||||
Goodwill | — | 23,124 | 102,942 | 972 | — | 127,038 | |||||||||||||||||||
Intangible assets, net | — | 642 | 14,505 | — | — | 15,147 | |||||||||||||||||||
Other assets | 296,494 | 17,973 | 37,535 | 1,303 | (314,108 | ) | 39,197 | ||||||||||||||||||
Total assets | $ | 349,722 | $ | 362,522 | $ | 908,874 | $ | 17,130 | $ | (390,454 | ) | $ | 1,247,794 | ||||||||||||
Liabilities, Redeemable Noncontrolling Interest and Member’s Interest | |||||||||||||||||||||||||
Current liabilities: | |||||||||||||||||||||||||
Current portion of debt | $ | 26,010 | $ | 1,018 | $ | 3,192 | $ | — | $ | — | $ | 30,220 | |||||||||||||
Current portion of acquisition-related liabilities | 2,000 | — | 8,635 | — | — | 10,635 | |||||||||||||||||||
Accounts payable | 5,455 | 9,387 | 57,142 | 1,572 | (1,452 | ) | 72,104 | ||||||||||||||||||
Accrued expenses | 12,041 | 9,185 | 37,342 | 1,223 | (2,540 | ) | 57,251 | ||||||||||||||||||
Intercompany payables | — | — | 71,556 | 798 | (72,354 | ) | — | ||||||||||||||||||
Billings in excess of costs and estimated earnings | — | — | 8,837 | 426 | — | 9,263 | |||||||||||||||||||
Total current liabilities | 45,506 | 19,590 | 186,704 | 4,019 | (76,346 | ) | 179,473 | ||||||||||||||||||
Long-term debt | 19,587 | 154,590 | 484,590 | — | — | 658,767 | |||||||||||||||||||
Acquisition-related liabilities | 85 | — | 23,671 | — | — | 23,756 | |||||||||||||||||||
Other noncurrent liabilities | 959 | 20,306 | 56,215 | — | — | 77,480 | |||||||||||||||||||
Total liabilities | 66,137 | 194,486 | 751,180 | 4,019 | (76,346 | ) | 939,476 | ||||||||||||||||||
Redeemable noncontrolling interest | — | — | — | — | 24,767 | 24,767 | |||||||||||||||||||
Redeemable members’ interest | — | 23,450 | — | — | (23,450 | ) | — | ||||||||||||||||||
Total member’s interest | 283,585 | 144,586 | 157,694 | 13,111 | (315,425 | ) | 283,551 | ||||||||||||||||||
Total liabilities, redeemable noncontrolling interest and member’s interest | $ | 349,722 | $ | 362,522 | $ | 908,874 | $ | 17,130 | $ | (390,454 | ) | $ | 1,247,794 | ||||||||||||
Condensed Consolidating Balance Sheets | |||||||||||||||||||||||||
December 29, 2012 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||
Current assets: | |||||||||||||||||||||||||
Cash | $ | 697 | $ | 397 | $ | 30,981 | $ | 680 | $ | (5,324 | ) | $ | 27,431 | ||||||||||||
Accounts receivable, net | — | 7,421 | 90,765 | 3,255 | (1,143 | ) | 100,298 | ||||||||||||||||||
Intercompany receivables | 14,931 | 15,557 | 9,018 | — | (39,506 | ) | — | ||||||||||||||||||
Cost and estimated earnings in excess of billings | — | — | 11,428 | 147 | — | 11,575 | |||||||||||||||||||
Inventories | — | 7,073 | 84,555 | 1,349 | — | 92,977 | |||||||||||||||||||
Other current assets | 25 | 726 | 8,447 | 2,409 | (1,539 | ) | 10,068 | ||||||||||||||||||
Total current assets | 15,653 | 31,174 | 235,194 | 7,840 | (47,512 | ) | 242,349 | ||||||||||||||||||
Property, plant and equipment, net | 1,074 | 287,677 | 517,994 | 6,862 | — | 813,607 | |||||||||||||||||||
Goodwill | — | 23,124 | 155,024 | 972 | — | 179,120 | |||||||||||||||||||
Intangible assets, net | — | 742 | 7,864 | — | — | 8,606 | |||||||||||||||||||
Other assets | 374,581 | 11,891 | 161,442 | 1,315 | (511,698 | ) | 37,531 | ||||||||||||||||||
Total assets | $ | 391,308 | $ | 354,608 | $ | 1,077,518 | $ | 16,989 | $ | (559,210 | ) | $ | 1,281,213 | ||||||||||||
Liabilities, Redeemable Noncontrolling Interest and Member’s Interest | |||||||||||||||||||||||||
Current liabilities: | |||||||||||||||||||||||||
Current portion of debt | $ | — | $ | 965 | $ | 3,035 | $ | — | $ | — | $ | 4,000 | |||||||||||||
Current portion of acquisition-related liabilities | — | — | 9,525 | — | — | 9,525 | |||||||||||||||||||
Accounts payable | 2,745 | 6,715 | 51,179 | 2,138 | (1,143 | ) | 61,634 | ||||||||||||||||||
Accrued expenses | 6,877 | 10,742 | 38,050 | 1,015 | (6,862 | ) | 49,822 | ||||||||||||||||||
Intercompany payables | — | — | 33,396 | 6,110 | (39,506 | ) | — | ||||||||||||||||||
Billings in excess of costs and estimated earnings | — | — | 6,656 | 270 | — | 6,926 | |||||||||||||||||||
Total current liabilities | 9,622 | 18,422 | 141,841 | 9,533 | (47,511 | ) | 131,907 | ||||||||||||||||||
Long-term debt | — | 155,394 | 480,449 | — | — | 635,843 | |||||||||||||||||||
Acquisition-related liabilities | — | — | 23,919 | — | — | 23,919 | |||||||||||||||||||
Other noncurrent liabilities | 395 | 27,091 | 56,780 | — | — | 84,266 | |||||||||||||||||||
Total liabilities | 10,017 | 200,907 | 702,989 | 9,533 | (47,511 | ) | 875,935 | ||||||||||||||||||
Redeemable noncontrolling interest | — | — | — | — | 22,850 | 22,850 | |||||||||||||||||||
Redeemable members’ interest | — | 22,850 | — | — | (22,850 | ) | — | ||||||||||||||||||
Total member’s interest | 381,291 | 130,851 | 374,529 | 7,456 | (511,699 | ) | 382,428 | ||||||||||||||||||
Total liabilities, redeemable noncontrolling interest and member’s interest | $ | 391,308 | $ | 354,608 | $ | 1,077,518 | $ | 16,989 | $ | (559,210 | ) | $ | 1,281,213 | ||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | |||||||||||||||||||||||||
Year ended December 28, 2013 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Total revenue | $ | — | $ | 80,759 | $ | 807,921 | $ | 41,910 | $ | (14,389 | ) | $ | 916,201 | ||||||||||||
Cost of revenue (excluding items shown separately below) | — | 55,241 | 611,799 | 24,401 | (14,389 | ) | 677,052 | ||||||||||||||||||
General and administrative expenses | 7,241 | 7,673 | 125,778 | 1,308 | — | 142,000 | |||||||||||||||||||
Goodwill impairment | — | — | 68,202 | — | — | 68,202 | |||||||||||||||||||
Depreciation, depletion, amortization and accretion | 465 | 11,378 | 60,078 | 1,013 | — | 72,934 | |||||||||||||||||||
Transaction costs | — | — | 3,990 | — | — | 3,990 | |||||||||||||||||||
Operating (loss) income | (7,706 | ) | 6,467 | (61,926 | ) | 15,188 | — | (47,977 | ) | ||||||||||||||||
Other expense (income), net | 99,085 | (3,737 | ) | (3,410 | ) | 274 | (90,834 | ) | 1,378 | ||||||||||||||||
Interest expense | — | 10,702 | 49,591 | 382 | (4,232 | ) | 56,443 | ||||||||||||||||||
(Loss) income from continuing operations before taxes | (106,791 | ) | (498 | ) | (108,107 | ) | 14,532 | 95,066 | (105,798 | ) | |||||||||||||||
Income tax expense | — | — | (2,647 | ) | — | — | (2,647 | ) | |||||||||||||||||
(Loss) income from continuing operations | (106,791 | ) | (498 | ) | (105,460 | ) | 14,532 | 95,066 | (103,151 | ) | |||||||||||||||
Loss from discontinued operations | — | — | 528 | — | — | 528 | |||||||||||||||||||
Net (loss) income | (106,791 | ) | (498 | ) | (105,988 | ) | 14,532 | 95,066 | (103,679 | ) | |||||||||||||||
Net income attributable to noncontrolling interest | — | — | — | — | 3,112 | 3,112 | |||||||||||||||||||
Net (loss) income attributable to member of Summit Materials, LLC | $ | (106,791 | ) | $ | (498 | ) | $ | (105,988 | ) | $ | 14,532 | $ | 91,954 | $ | (106,791 | ) | |||||||||
Comprehensive (loss) income attributable to member of Summit Materials, LLC | $ | (106,791 | ) | $ | 3,909 | $ | (105,988 | ) | $ | 14,532 | $ | 90,632 | $ | (103,706 | ) | ||||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | |||||||||||||||||||||||||
Year ended December 29, 2012 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Total revenue | $ | — | $ | 81,516 | $ | 824,796 | $ | 33,074 | $ | (13,132 | ) | $ | 926,254 | ||||||||||||
Cost of revenue (excluding items shown separately below) | — | 58,319 | 649,577 | 18,582 | (13,132 | ) | 713,346 | ||||||||||||||||||
General and administrative expenses | 8 | 6,235 | 119,645 | 1,327 | — | 127,215 | |||||||||||||||||||
Depreciation, depletion, amortization and accretion | 81 | 10,093 | 57,080 | 1,036 | — | 68,290 | |||||||||||||||||||
Transaction costs | — | — | 1,988 | — | — | 1,988 | |||||||||||||||||||
Operating (loss) income | (89 | ) | 6,869 | (3,494 | ) | 12,129 | — | 15,415 | |||||||||||||||||
Other expense (income), net | 52,400 | (2,065 | ) | 6,630 | (101 | ) | (48,577 | ) | 8,287 | ||||||||||||||||
Interest expense | — | 12,045 | 47,293 | 633 | (1,892 | ) | 58,079 | ||||||||||||||||||
(Loss) income from continuing operations before taxes | (52,489 | ) | (3,111 | ) | (57,417 | ) | 11,597 | 50,469 | (50,951 | ) | |||||||||||||||
Income tax expense | 5 | — | (3,925 | ) | — | — | (3,920 | ) | |||||||||||||||||
(Loss) income from continuing operations | (52,494 | ) | (3,111 | ) | (53,492 | ) | 11,597 | 50,469 | (47,031 | ) | |||||||||||||||
Loss from discontinued operations | — | — | 3,546 | — | — | 3,546 | |||||||||||||||||||
Net (loss) income | (52,494 | ) | (3,111 | ) | (57,038 | ) | 11,597 | 50,469 | (50,577 | ) | |||||||||||||||
Net income attributable to noncontrolling interest | — | — | — | — | 1,919 | 1,919 | |||||||||||||||||||
Net (loss) income attributable to member of Summit Materials, LLC | $ | (52,494 | ) | $ | (3,111 | ) | $ | (57,038 | ) | $ | 11,597 | $ | 48,550 | $ | (52,496 | ) | |||||||||
Comprehensive (loss) income attributable to member of Summit Materials, LLC | $ | (52,494 | ) | $ | (6,759 | ) | $ | (57,038 | ) | $ | 11,597 | $ | 49,645 | $ | (55,049 | ) | |||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | |||||||||||||||||||||||||
Year ended December 31, 2011 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Total revenue | $ | — | $ | 70,064 | $ | 700,916 | $ | 21,566 | $ | (3,470 | ) | $ | 789,076 | ||||||||||||
Cost of revenue (excluding items shown separately below) | — | 41,221 | 542,699 | 17,204 | (3,470 | ) | 597,654 | ||||||||||||||||||
General and administrative expenses | 1,453 | 3,933 | 89,011 | 1,429 | — | 95,826 | |||||||||||||||||||
Depreciation, depletion, amortization and accretion | 87 | 9,697 | 50,640 | 953 | — | 61,377 | |||||||||||||||||||
Transaction costs | — | — | 9,120 | — | — | 9,120 | |||||||||||||||||||
Operating (loss) income | (1,540 | ) | 15,213 | 9,446 | 1,980 | — | 25,099 | ||||||||||||||||||
Other expense (income), net | 8,510 | (61 | ) | (24,375 | ) | 124 | (5,442 | ) | (21,244 | ) | |||||||||||||||
Interest expense | — | 14,004 | 33,685 | 647 | (552 | ) | 47,784 | ||||||||||||||||||
(Loss) income from continuing operations before taxes | (10,050 | ) | 1,270 | 136 | 1,209 | 5,994 | (1,441 | ) | |||||||||||||||||
Income tax expense | — | — | 3,408 | — | — | 3,408 | |||||||||||||||||||
(Loss) income from continuing operations | (10,050 | ) | 1,270 | (3,272 | ) | 1,209 | 5,994 | (4,849 | ) | ||||||||||||||||
Loss from discontinued operations | — | — | 5,201 | — | — | 5,201 | |||||||||||||||||||
Net (loss) income | (10,050 | ) | 1,270 | (8,473 | ) | 1,209 | 5,994 | (10,050 | ) | ||||||||||||||||
Net income attributable to noncontrolling interest | 695 | — | 695 | — | (695 | ) | 695 | ||||||||||||||||||
Net (loss) income attributable to member of Summit Materials, LLC | $ | (10,745 | ) | $ | 1,270 | $ | (9,168 | ) | $ | 1,209 | $ | 6,689 | $ | (10,745 | ) | ||||||||||
Comprehensive (loss) income attributable to member of Summit Materials, LLC | $ | (9,375 | ) | $ | (4,405 | ) | $ | (13,473 | ) | $ | 1,209 | $ | 10,994 | $ | (15,050 | ) | |||||||||
Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||
Year ended December 28, 2013 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Net cash (used for) provided by operating activities | $ | (232 | ) | $ | 9,003 | $ | 44,746 | $ | 12,895 | $ | — | $ | 66,412 | ||||||||||||
Cash flow from investing activities: | |||||||||||||||||||||||||
Acquisitions, net of cash acquired | — | — | (61,601 | ) | — | — | (61,601 | ) | |||||||||||||||||
Purchase of property, plant and equipment | (3,359 | ) | (24,896 | ) | (36,629 | ) | (1,115 | ) | — | (65,999 | ) | ||||||||||||||
Proceeds from the sale of property, plant, and equipment | — | 3 | 16,020 | 62 | — | 16,085 | |||||||||||||||||||
Net cash used for investing activities | (3,359 | ) | (24,893 | ) | (82,210 | ) | (1,053 | ) | — | (111,515 | ) | ||||||||||||||
Cash flow from financing activities | |||||||||||||||||||||||||
Net proceeds from debt issuance | 230,817 | — | — | — | — | 230,817 | |||||||||||||||||||
Loans received from and payments made on loans from other Summit Companies | (29,121 | ) | 15,502 | 19,726 | (8,891 | ) | 2,784 | — | |||||||||||||||||
Payments on long-term debt | (188,424 | ) | — | — | — | — | (188,424 | ) | |||||||||||||||||
Payments on acquisition-related liabilities | — | — | (9,801 | ) | — | — | (9,801 | ) | |||||||||||||||||
Other | (3 | ) | — | — | — | — | (3 | ) | |||||||||||||||||
Net cash provided by (used for) financing activities | 13,269 | 15,502 | 9,925 | (8,891 | ) | 2,784 | 32,589 | ||||||||||||||||||
Net decrease (increase) in cash | 9,678 | (388 | ) | (27,539 | ) | 2,951 | 2,784 | (12,514 | ) | ||||||||||||||||
Cash—Beginning of period | 697 | 397 | 30,981 | 680 | (5,324 | ) | 27,431 | ||||||||||||||||||
Cash—End of period | $ | 10,375 | $ | 9 | $ | 3,442 | $ | 3,631 | $ | (2,540 | ) | $ | 14,917 | ||||||||||||
Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||
Year ended December 29, 2012 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Net cash provided by operating activities | $ | 4,845 | $ | 12,806 | $ | 36,649 | $ | 8,217 | $ | (238 | ) | $ | 62,279 | ||||||||||||
Cash flow from investing activities: | |||||||||||||||||||||||||
Acquisitions, net of cash acquired | — | — | (48,757 | ) | — | — | (48,757 | ) | |||||||||||||||||
Purchase of property, plant and equipment | (762 | ) | (12,174 | ) | (31,818 | ) | (734 | ) | — | (45,488 | ) | ||||||||||||||
Proceeds from the sale of property, plant, and equipment | — | 69 | 8,577 | 190 | — | 8,836 | |||||||||||||||||||
Other | — | — | 69 | — | — | 69 | |||||||||||||||||||
Net cash used for investing activities | (762 | ) | (12,105 | ) | (71,929 | ) | (544 | ) | — | (85,340 | ) | ||||||||||||||
Cash flow from financing activities | |||||||||||||||||||||||||
Net proceeds from debt issuance | 713,378 | (17 | ) | — | — | — | 713,361 | ||||||||||||||||||
Loans received from and payments made on loans from other Summit Companies | (25,371 | ) | (295 | ) | 39,783 | (8,793 | ) | (5,324 | ) | — | |||||||||||||||
Payments on long-term debt | (697,438 | ) | — | — | — | — | (697,438 | ) | |||||||||||||||||
Payments on acquisition-related liabilities | — | — | (7,519 | ) | — | — | (7,519 | ) | |||||||||||||||||
Other | (656 | ) | — | — | (284 | ) | 238 | (702 | ) | ||||||||||||||||
Net cash (used for) provided by financing activities | (10,087 | ) | (312 | ) | 32,264 | (9,077 | ) | (5,086 | ) | 7,702 | |||||||||||||||
Net decrease (increase) in cash | (6,004 | ) | 389 | (3,016 | ) | (1,404 | ) | (5,324 | ) | (15,359 | ) | ||||||||||||||
Cash—Beginning of period | 6,701 | 8 | 33,997 | 2,084 | — | 42,790 | |||||||||||||||||||
Cash—End of period | $ | 697 | $ | 397 | $ | 30,981 | $ | 680 | $ | (5,324 | ) | $ | 27,431 | ||||||||||||
Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||
Year ended December 31, 2011 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Net cash provided by operating activities | $ | (824 | ) | $ | 3,808 | $ | 17,262 | $ | 2,586 | $ | 421 | $ | 23,253 | ||||||||||||
Cash flow from investing activities: | |||||||||||||||||||||||||
Acquisitions, net of cash acquired | — | — | (161,073 | ) | — | — | (161,073 | ) | |||||||||||||||||
Purchase of property, plant and equipment | (11 | ) | (5,933 | ) | (31,210 | ) | (1,502 | ) | — | (38,656 | ) | ||||||||||||||
Proceeds from the sale of property, plant, and equipment | — | 168 | 6,880 | 109 | — | 7,157 | |||||||||||||||||||
Proceeds from the sale of investments | — | — | 377 | (136 | ) | — | 241 | ||||||||||||||||||
Cash contribution to affiliates | (135,530 | ) | — | — | — | 135,530 | — | ||||||||||||||||||
Net cash used for investing activities | (135,541 | ) | (5,765 | ) | (185,026 | ) | (1,529 | ) | 135,530 | (192,331 | ) | ||||||||||||||
Cash flow from financing activities | |||||||||||||||||||||||||
Proceeds from investment by member | 103,630 | — | 135,530 | 421 | (135,951 | ) | 103,630 | ||||||||||||||||||
Net proceeds from debt issuance | — | 36,456 | 60,292 | — | — | 96,748 | |||||||||||||||||||
Payments on long-term debt | — | (34,500 | ) | (14,500 | ) | — | — | (49,000 | ) | ||||||||||||||||
Payments on acquisition-related liabilities | — | — | (4,593 | ) | — | — | (4,593 | ) | |||||||||||||||||
Other | — | — | — | (10 | ) | — | (10 | ) | |||||||||||||||||
Net cash (used for) provided by financing activities | 103,630 | 1,956 | 176,729 | 411 | (135,951 | ) | 146,775 | ||||||||||||||||||
Net decrease (increase) in cash | (32,735 | ) | (1 | ) | 8,965 | 1,468 | — | (22,303 | ) | ||||||||||||||||
Cash—Beginning of period | 39,436 | 9 | 25,032 | 616 | — | 65,093 | |||||||||||||||||||
Cash—End of period | $ | 6,701 | $ | 8 | $ | 33,997 | $ | 2,084 | $ | — | $ | 42,790 | |||||||||||||
Supplementary_Data_Unaudited
Supplementary Data (Unaudited) | 12 Months Ended | ||||||||||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||||||||||
Supplementary Data (Unaudited) | ' | ||||||||||||||||||||||||||||||||
(22) Supplementary Data (Unaudited) | |||||||||||||||||||||||||||||||||
Supplemental financial information (unaudited) by quarter is as follows for the years ended 2013 and 2012: | |||||||||||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||||
4Q | 3Q | 2Q | 1Q | 4Q | 3Q | 2Q | 1Q | ||||||||||||||||||||||||||
Revenue | $ | 238,267 | $ | 316,263 | $ | 254,842 | $ | 106,829 | $ | 231,634 | $ | 319,181 | $ | 255,556 | $ | 119,883 | |||||||||||||||||
Operating (loss) income | (57,742 | ) | 37,895 | 13,731 | (41,861 | ) | 13,322 | 33,249 | 9,015 | (40,171 | ) | ||||||||||||||||||||||
(Loss) income from continuing operations | (70,191 | ) | 22,950 | 244 | (56,154 | ) | 433 | 19,656 | (5,621 | ) | (61,499 | ) | |||||||||||||||||||||
Loss (income) from discontinued operations | 271 | 160 | (26 | ) | 123 | 535 | 1,287 | 2,221 | (497 | ) | |||||||||||||||||||||||
Net (loss) income | $ | (70,462 | ) | $ | 22,790 | $ | 270 | $ | (56,277 | ) | $ | (102 | ) | $ | 18,369 | $ | (7,842 | ) | $ | (61,002 | ) | ||||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||||||||||||||||||||||
Supplementary Data (Unaudited) | ' | ||||||||||||||||||||||||||||||||
-13 | Supplementary Data (Unaudited) | ||||||||||||||||||||||||||||||||
Supplemental financial information (unaudited) by quarter is as follows for the years ended December 28, 2013 and December 31, 2012: | |||||||||||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||||
(in thousands) | 4Q | 3Q | 2Q | 1Q | 4Q | 3Q | 2Q | 1Q | |||||||||||||||||||||||||
Revenues | $ | 22,509 | $ | 34,155 | $ | 27,224 | $ | 12,361 | $ | 25,304 | $ | 30,430 | $ | 26,141 | $ | 13,007 | |||||||||||||||||
Operating income (loss) | 9,259 | 10,965 | 9,053 | (8,449 | ) | 7,625 | 7,124 | 9,097 | (4,468 | ) | |||||||||||||||||||||||
Net income (loss) | $ | 6,668 | $ | 8,157 | $ | 6,272 | $ | (11,232 | ) | $ | 4,694 | $ | 3,977 | $ | 5,999 | $ | (8,045 | ) |
Subsequent_Events
Subsequent Events | 12 Months Ended | |
Dec. 28, 2013 | ||
Subsequent Events | ' | |
(23) Subsequent Events | ||
On January 17, 2014, Summit Materials and Summit Materials Finance Corp. issued and sold $260.0 million aggregate principal amount of their 10.5% Senior Notes due 2020 (the “Additional Notes”), which mature on January 31, 2020, pursuant to an indenture governing the $250.0 million aggregate principal amount of 10.5% Senior Notes due 2020 that were issued on January 30, 2012 (the “Existing Notes”). The Additional Notes are treated as a single series with the Existing Notes and have substantially the same terms as those of the Existing Notes. The Additional Notes and the Existing Notes will vote as one class under the Indenture. In addition, on January 16, 2014, the Senior Secured Credit Agreement was amended to allow for the issuance of the Additional Notes. | ||
On January 17, 2014, the Company completed its acquisition of Alleyton Resource Corporation, a Texas corporation, and Colorado Gulf, LP, a Texas limited partnership, and certain real property from Barten Shepard Investments, LP, a Texas limited partnership (“BSI”), collectively, referred to as “Alleyton”, for approximately $179.25 million, with an additional $30.75 million in deferred and contingent payments. The Alleyton acquisition consideration was funded through a portion of the net proceeds from the issue and sale of the Additional Notes. | ||
Continental Cement Company, L.L.C. [Member] | ' | |
Subsequent Events | ' | |
-14 | Subsequent Events | |
On January 17, 2014, Summit Materials and Summit Materials Finance Corp. issued and sold an additional $260.0 million aggregate principal amount of their 10.5% Senior Notes due 2020, which mature on January 31, 2020, pursuant to an indenture which also governs the $250.0 million aggregate principal amount of 10.5% Senior Notes due 2020 that were issued on January 30, 2012. As a result, the Company’s guarantee of the Senior Notes increased by the additional $260.0 million of notes issued to $510.0 million. |
Accrued_Expenses
Accrued Expenses (Continental Cement Company, L.L.C. [Member]) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Accrued Expenses | ' | ||||||||
-5 | Accrued Expenses | ||||||||
Accrued expenses consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Accrued interest due to Summit Materials | $ | 3,848 | $ | 4,283 | |||||
Accrued interest due to non-controlling interest | 723 | 2,149 | |||||||
Accrued post-retirement benefits other than pensions, current portion | 1,268 | 1,055 | |||||||
Accrued professional fees | 340 | 400 | |||||||
Accrued payroll, insurance and benefits | 758 | 897 | |||||||
Accrued bonus liability | 884 | 1,153 | |||||||
Accrued costs to remove barge from waterway | 880 | 850 | |||||||
Other | 1,296 | 736 | |||||||
Total | $ | 9,997 | $ | 11,523 | |||||
LongTerm_Debt
Long-Term Debt (Continental Cement Company, L.L.C. [Member]) | 12 Months Ended | ||||
Dec. 28, 2013 | |||||
Continental Cement Company, L.L.C. [Member] | ' | ||||
Long-Term Debt | ' | ||||
-6 | Long-Term Debt | ||||
Long-term debt, including the current portion of long-term debt, was $155.6 million and $156.4 million as of year-end 2013 and 2012, respectively. Interest costs incurred were $11.1 million, $12.6 million and $14.6 million for the years ended December 28, 2013, December 31, 2012 and December 31, 2011, respectively. The interest rate in effect at December 28, 2013 was 3.7%. | |||||
On January 30, 2012, Summit Materials refinanced its consolidated outstanding indebtedness, including $142.7 million of the Company’s indebtedness and interest thereon, by issuing $250.0 million aggregate principal amount of 10.5% Senior Notes due January 31, 2020 (the “Senior Notes”) and borrowing under a senior secured credit facility composed of $422.0 million in term loans as of December 28, 2013 that mature January 30, 2019 and a $150.0 million revolving credit facility that matures January 30, 2017 (the “Senior Secured Credit Facility”). As a result of the January 2012 financing transactions, Continental Cement’s existing debt was repaid by Summit Materials and was replaced by $156.8 million of long-term debt due to Summit Materials. In addition, Continental Cement recognized a charge to earnings of $0.3 million related to financing fees on the debt repaid. | |||||
The terms of Summit Materials’ debt limit certain transactions of its subsidiaries, including those of Continental Cement. Continental Cement’s ability to incur additional indebtedness or issue certain preferred shares, pay dividends to the noncontrolling members, redeem stock or make other distributions, make certain investments, sell or transfer certain assets, create liens, consolidate, merge, sell or otherwise dispose of all or substantially all of its assets, enter into certain transactions with affiliates are limited. | |||||
Continental Cement, excluding GAR, is named as a guarantor of Summit Materials’ debt, for which the Company pledged substantially all of its assets as collateral. Continental Cement, excluding GAR, provides a joint and several, full and unconditional guarantee of Summit Materials’ debt. Summit Materials is and has been current on all required principal and interest payments. As of December 28, 2013, approximately $95.3 million and $60.3 million of the Company’s long-term debt due to Summit Materials represent the amount of Summit Materials’ debt under the Senior Secured Credit facility and Senior Notes, respectively, that has been allocated to the Company. | |||||
Future maturities of long-term debt due to Summit Materials as of December 28, 2013 are as follows: | |||||
2014 | $ | 1,018 | |||
2015 | 1,018 | ||||
2016 | 1,273 | ||||
2017 | 1,018 | ||||
2018 | 764 | ||||
Thereafter | 150,517 | ||||
Total | $ | 155,608 | |||
Members_Interest1
Members' Interest (Continental Cement Company, L.L.C. [Member]) | 12 Months Ended | |
Dec. 28, 2013 | ||
Continental Cement Company, L.L.C. [Member] | ' | |
Members' Interest | ' | |
-7 | Members’ Interest | |
Business affairs of the Company are managed by a board of directors (the “Board”) composed of up to seven Directors. As of December 28, 2013 and December 31, 2012, Summit Materials is entitled to appoint four directors to the Board and members representing the noncontrolling interest are entitled to appoint three directors to the Board. Any director may be removed from the Board with or without cause at any time by the directors entitled to appoint such Director. | ||
The LLC Agreement provides that resolutions of the Board generally require the consent of at least a majority of the Directors. | ||
The Company had 100 Class A Units issued and outstanding as of December 28, 2013 and December 31, 2012, all of which were indirectly held by Summit Materials. The Class A Units represent an approximately 70% economic interest in the Company and they have a preference in liquidation to the Class B Units. Class A Units are entitled to a priority distribution which accrues daily and compounds annually and requires that Continental Cement make distributions ahead of the Class B Units up to an amount equal to the capital contributions made by Summit Materials in respect to the Class A Units, plus interest on such capital contributions of 11%, to Class A Unit holders prior to making distributions to the Class B Unit holders. To the extent that the priority return is not made in a given year, the amount of the priority return will increase the liquidation preference of the Class A Units. | ||
The Company had 100,000,000 Class B Units issued and outstanding as of December 28, 2013 and December 31, 2012. The Class B Units represent an approximately 30% economic interest in the Company and are subordinate to the Class A Units. | ||
The LLC Agreement provides Summit Materials with the right to require the Company to call all of the Class B Units at a strike price that approximates fair value after May 27, 2016, either in anticipation of Summit Materials effecting an initial public offering or if an initial public offering has already occurred. In addition, subject to certain conditions, holders of the Class B Units have the right to require the Company to purchase all of the Class B Units at a strike price that approximates fair value, exercisable after May 27, 2012 if there is a change of control of Summit Materials or at any time after May 27, 2016. The LLC Agreement also includes transfer restrictions which prohibit the Class B Unit holders from transferring their Class B Units without the consent of the Board until May 27, 2015. | ||
Because the Class B Units can be put to the Company by the Class B Unit holders in the future based on the passage of time, which can be accelerated upon the occurrence of a contingent event, the noncontrolling members’ interest is classified in temporary equity. The redemption value is based upon the estimated fair value of Continental Cement, which is valued using Level 3 inputs. Continental Cement elected to accrete changes in the redemption value of the noncontrolling interest over the period from the date of issuance to the earliest anticipated redemption date of the instrument, which is currently May 2016, using an interest method. The accretion is recorded as an adjustment to retained earnings. The redemption value of the redeemable members’ interest as of year-end 2013 and 2012 approximated its carrying value. | ||
Net earnings or losses are generally allocated in a manner such that the capital account of each Member is equal to the distributions that would be made to such Member if the Company were dissolved, its affairs wound up, its assets and liabilities settled for cash and the net assets of the Company were distributed in accordance with the LLC Agreement. |
Summary_of_Organization_and_Si1
Summary of Organization and Significant Accounting Policies (Policies) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||
Principles of Consolidation | ' | ||||||||||||||||||||||||
Principles of Consolidation—The consolidated financial statements include the accounts of the Company and its majority owned subsidiaries. All intercompany balances and transactions have been eliminated. The Company attributes consolidated member’s interests and net income separately to the controlling and noncontrolling interests. The Company accounts for investments in entities for which it has an ownership of 20% to 50% using the equity method of accounting. | |||||||||||||||||||||||||
Use of Estimates | ' | ||||||||||||||||||||||||
Use of Estimates—The consolidated financial statements of the Company have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”), which require management to make estimates and assumptions that affect the reported amounts and disclosures in the consolidated financial statements. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible and other long-lived assets, pension and other postretirement obligations, asset retirement obligations and the redeemable noncontrolling interest. Estimates also include revenue earned and costs to complete open contracts. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. Management adjusts such estimates and assumptions when circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from estimates made. Changes in estimates, including those resulting from continuing changes in the economic environment, will be reflected in the Company’s consolidated financial statements in the period in which the change in estimate occurs. | |||||||||||||||||||||||||
Business and Credit Concentrations | ' | ||||||||||||||||||||||||
Business and Credit Concentrations—The majority of Summit Materials’ customers are located in Texas, Kansas, Kentucky, Missouri and Utah. Summit Materials’ accounts receivable consist primarily of amounts due from customers within these areas. Collection of these accounts is, therefore, dependent on the economic conditions in the aforementioned states. However, credit granted within Summit Materials’ trade areas has been granted to a wide variety of customers. Management does not believe that any significant concentrations of credit exist with respect to individual customers or groups of customers. No single customer accounted for more than 10% of revenue in 2013, 2012 or 2011. | |||||||||||||||||||||||||
Accounts Receivable | ' | ||||||||||||||||||||||||
Accounts Receivable—Accounts receivable are stated at the amount management expects to collect from outstanding balances. Management provides for probable uncollectible amounts through a charge to earnings and a credit to a valuation allowance based on its assessment of the collectability of individual accounts. In establishing the allowance, management considers historical losses adjusted to take into account current market conditions and its customers’ financial condition, the amount of receivables in dispute, the current receivables aging and current payment terms. Balances that remain outstanding after reasonable collection efforts are exercised are written off through a charge to the valuation allowance. | |||||||||||||||||||||||||
The balances billed but not paid by customers, pursuant to retainage provisions included in contracts, will be due near or upon completion of the contracts. | |||||||||||||||||||||||||
Revenue and Cost Recognition | ' | ||||||||||||||||||||||||
Revenue and Cost Recognition—Revenue for product sales are recognized when evidence of an arrangement exists, the fee is fixed or determinable, title passes, which is generally when the product is shipped, and collection is reasonably assured. Product revenue includes sales of aggregates, cement and other materials to customers, net of discounts, allowances or taxes, as applicable. Internal product sales are eliminated from service revenue in the consolidated statements of operations. | |||||||||||||||||||||||||
Revenue from construction contracts are included in service revenue and are recognized under the percentage-of-completion accounting method. The percent complete is measured by the cost incurred to date compared to the estimated total cost of each project. This method is used as management considers expended cost to be the best available measure of progress on these contracts, the majority of which are completed within one year, but may occasionally extend beyond one year. Inherent uncertainties in estimating costs make it at least reasonably possible that the estimates used will change within the near term and over the life of the contracts. | |||||||||||||||||||||||||
Contract costs include all direct material and labor costs and those indirect costs related to contract performance and completion. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are estimable. General and administrative costs are charged to expense as incurred. | |||||||||||||||||||||||||
Changes in job performance, job conditions and estimated profitability, including those arising from contract penalty provisions and final contract settlements, may result in revisions to costs and income. Such revisions are recognized in the period in which they are determined. An amount equal to contract costs incurred that are attributable to claims is included in revenue when realization is probable and the amount can be reliably estimated. | |||||||||||||||||||||||||
Costs and estimated earnings in excess of billings are composed principally of revenue recognized on contracts (on the percentage-of-completion method) for which billings had not been presented to customers because the amount were not billable under the contract terms at the balance sheet date. In accordance with the contract terms, the unbilled receivables at December 28, 2013 will be billed in 2014. Billings in excess of costs and estimated earnings represent billings in excess of revenue recognized. | |||||||||||||||||||||||||
Revenue from the receipt of waste fuels is classified as service revenue and is based on fees charged for the waste disposal, which are recognized when the waste is accepted. | |||||||||||||||||||||||||
Inventories | ' | ||||||||||||||||||||||||
Inventories—Inventories consist of stone removed from quarries and processed for future sale, raw materials and finished concrete blocks. Inventories are valued at the lower of cost or market and are accounted for on a first-in first-out basis or an average cost basis. If items become obsolete or otherwise unusable or if quantities exceed what is projected to be sold within a reasonable period of time, they will be charged to costs of production in the period that the items are designated as obsolete or excess inventory. Stripping costs are costs of removing overburden and waste material to access aggregate materials and are recognized in cost of revenue in the same period as the revenue from the sale of the inventory. | |||||||||||||||||||||||||
Property, Plant and Equipment, net | ' | ||||||||||||||||||||||||
Property, Plant and Equipment, net—Property, plant and equipment are recorded at cost, less accumulated depreciation, depletion and amortization. Expenditures for additions and improvements that significantly add to the productive capacity or extend the useful life of an asset are capitalized. Repair and maintenance costs that do not substantially add to the productive capacity or extend the useful life of the asset are expensed as incurred. | |||||||||||||||||||||||||
Landfill airspace is included in property, plant and equipment at cost and is amortized based on utilization of the asset. Management reassesses the landfill airspace capacity with any changes in value recorded in cost of revenue. Capitalized landfill costs include expenditures for the acquisition of land and related airspace, engineering and permitting costs, cell construction costs and direct site improvement costs. | |||||||||||||||||||||||||
Upon disposal, the cost and related accumulated depreciation are removed from the Company’s accounts and any gain or loss is included in general and administrative expenses. | |||||||||||||||||||||||||
Depreciation on property, plant and equipment, including assets subject to capital leases, is computed on a straight-line basis or based on the economic usage over the estimated useful life of the asset. The estimated useful lives are generally as follows: | |||||||||||||||||||||||||
Buildings and improvements | 7–40 years | ||||||||||||||||||||||||
Plant, machinery and equipment | 3–40 years | ||||||||||||||||||||||||
Truck and auto fleet | 3–10 years | ||||||||||||||||||||||||
Mobile equipment and barges | 3–20 years | ||||||||||||||||||||||||
Landfill airspace and improvements | 5–60 years | ||||||||||||||||||||||||
Depletion of mineral reserves is calculated for proven and probable reserves by the units of production method on a site-by-site basis. Leasehold improvements are amortized on a straight-line basis over the lesser of the asset’s useful life or the remaining lease term. | |||||||||||||||||||||||||
The Company reviews the carrying value of property, plant and equipment for impairment whenever events or circumstances indicate that the carrying value of an asset may not be recoverable from the estimated future cash flows expected to result from its use and eventual disposition. Such indicators may include, among others, deterioration in general economic conditions, adverse changes in the markets in which an entity operates, increases in input costs that have a negative effect on earnings and cash flows or a trend of negative or declining cash flows over multiple periods. In addition, assets are assessed for impairment charges when identified for disposition. Projected losses from disposition are recognized in the period in which they become estimable, which may be in advance of the actual disposition. The net loss from asset dispositions recognized in general and administrative expenses in fiscal years 2013, 2012 and 2011 was $12.4 million, $2.6 million and $2.3 million, respectively. No material impairment charges have been recognized on assets held for use in 2013, 2012 or 2011. The losses are commonly a result of the cash flows expected from selling the asset being less than the expected cash flows that could be generated from holding the asset for use. | |||||||||||||||||||||||||
Accrued Mining and Landfill Reclamation | ' | ||||||||||||||||||||||||
Accrued Mining and Landfill Reclamation—The mining reclamation reserve and financial commitments for landfill closure and post-closure activities are based on management’s estimate of future cost requirements to reclaim property at both currently operating and closed sites. Estimates of these obligations have been developed based on management’s interpretation of current requirements and proposed regulatory changes and are intended to approximate fair value. Costs are estimated in current dollars, inflated until the expected time of payment, using an inflation rate of 2.5%, and then discounted back to present value using a credit-adjusted, risk-free rate on obligations of similar maturity, adjusted to reflect the Company’s credit rating. Changes in the credit-adjusted, risk-free rate do not change recorded liabilities. However, subsequent increases in the recognized obligations are measured using a current credit-adjusted, risk-free rate. Decreases in the recognized obligations are measured at the initial credit-adjusted, risk-free rate. | |||||||||||||||||||||||||
Significant changes in inflation rates or the amount or timing of future cost estimates typically result in both (1) a current adjustment to the recorded liability (and corresponding adjustment to the asset) and (2) a change in accretion of the liability and depreciation of the asset to be recorded prospectively over the remaining capacity of the unmined quarry or landfill. | |||||||||||||||||||||||||
Intangible Assets | ' | ||||||||||||||||||||||||
Intangible Assets—The Company’s intangible assets are primarily composed of lease agreements, reserve rights and trade names. The assets related to lease agreements are a result of the submarket royalty rates paid under agreements, primarily, for extracting aggregate. The values were determined as of the respective acquisition dates by a comparison of market-royalty rates to contract-royalty rates. The reserve rights relate to aggregate reserves to which the Company has the rights of ownership, but do not own the reserves. The intangible assets are amortized on a straight-line basis over the lives of the leases. Continental Cement’s trade name composes the majority of the remaining intangible assets. The following table shows intangible assets by type and in total: | |||||||||||||||||||||||||
December 28, 2013 | December 29, 2012 | ||||||||||||||||||||||||
Gross | Accumulated | Net | Gross | Accumulated | Net | ||||||||||||||||||||
Carrying | Amortization | Carrying | Carrying | Amortization | Carrying | ||||||||||||||||||||
Amount | Amount | Amount | Amount | ||||||||||||||||||||||
Leases | $ | 10,430 | $ | (1,604 | ) | $ | 8,826 | $ | 8,940 | $ | (1,092 | ) | $ | 7,848 | |||||||||||
Reserve rights | 5,890 | (221 | ) | 5,669 | — | — | — | ||||||||||||||||||
Trade names | 1,020 | (368 | ) | 652 | 1,020 | (262 | ) | 758 | |||||||||||||||||
Total intangible assets | $ | 17,340 | $ | (2,193 | ) | $ | 15,147 | $ | 9,960 | $ | (1,354 | ) | $ | 8,606 | |||||||||||
Amortization expense in 2013, 2012 and 2011 was $0.8 million, $0.6 million and $0.5 million, respectively. The estimated amortization expense for intangible assets for each of the next five years and thereafter is as follows: | |||||||||||||||||||||||||
2014 | $ | 897 | |||||||||||||||||||||||
2015 | 897 | ||||||||||||||||||||||||
2016 | 897 | ||||||||||||||||||||||||
2017 | 893 | ||||||||||||||||||||||||
2018 | 893 | ||||||||||||||||||||||||
Thereafter | 10,670 | ||||||||||||||||||||||||
Total | $ | 15,147 | |||||||||||||||||||||||
Goodwill | ' | ||||||||||||||||||||||||
Goodwill—Goodwill represents the purchase price paid in excess of the fair value of net tangible and intangible assets acquired. Goodwill recorded in connection with the Company’s acquisitions is primarily attributable to the expected profitability, assembled workforces of the acquired businesses and the synergies expected to arise after the Company’s acquisition of those businesses. Goodwill is not amortized, but is tested annually for impairment as of the first day of the fourth quarter and whenever events or circumstances indicate that goodwill may be impaired. The test for goodwill impairment is a two-step process to first identify potential goodwill impairment for each reporting unit and then, if necessary, measure the amount of the impairment loss. Goodwill is tested for impairment based on the Company’s operating companies, which management has determined to be the Company’s reporting units, which are one level below its segments in the Central and West regions. The East region is considered to be a single reporting unit. | |||||||||||||||||||||||||
Income Taxes | ' | ||||||||||||||||||||||||
Income Taxes—As a limited liability company, Summit Materials’ federal and state income tax attributes are generally passed to Parent. However, certain of the Company’s subsidiaries are taxable entities, the provisions for which are included in the consolidated financial statements. For the Company’s taxable entities, deferred income tax assets and liabilities are computed for differences between the tax basis and financial statement amounts that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is recognized for deferred tax assets if it is more likely than not that some portion or all of the net deferred tax assets will not be realized. | |||||||||||||||||||||||||
The Company evaluates the tax positions taken on income tax returns that remain open to examination by the respective tax authorities from prior years and positions expected to be taken on the current year tax returns to identify uncertain tax positions. Interest and penalties are recorded in income tax expense. | |||||||||||||||||||||||||
Fair Value Measurements | ' | ||||||||||||||||||||||||
Fair Value Measurements—The fair value accounting guidance establishes the following fair value hierarchy that prioritizes the inputs used to measure fair value: | |||||||||||||||||||||||||
Level 1 | — | Unadjusted quoted prices for identical assets or liabilities in active markets. | |||||||||||||||||||||||
Level 2 | — | Inputs other than Level 1 that are based on observable market data, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in inactive markets, inputs that are observable that are not prices and inputs that are derived from or corroborated by observable markets. | |||||||||||||||||||||||
Level 3 | — | Valuations developed from unobservable data, reflecting the Company’s own assumptions, which market participants would use in pricing the asset or liability. | |||||||||||||||||||||||
Assets and liabilities measured at fair value in the consolidated balance sheets as of year-end 2013 and 2012 are as follows: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Accrued expenses: | |||||||||||||||||||||||||
Current portion of contingent consideration | $ | — | $ | 746 | |||||||||||||||||||||
Acquisition- related liabilities | |||||||||||||||||||||||||
Contingent consideration | $ | 1,908 | $ | 1,908 | |||||||||||||||||||||
Certain acquisitions made by the Company require the payment of additional consideration contingent upon the achievement of specified operating results, referred to as contingent consideration or earn-out obligations. These payments will not be made if earn-out thresholds are not achieved. No material earn-out payments have been made to date. | |||||||||||||||||||||||||
Summit Materials records contingent consideration at fair value on the acquisition date and then measures its fair value each reporting period. Any adjustments to fair value are recognized in earnings in the period identified. Management of the Company determines the appropriate policies and procedures to be used when determining the fair value of contingent consideration. Its fair values are based on unobservable inputs, or Level 3 inputs, including projected probability-weighted cash payments and an 8.4% discount rate, which reflects the Company’s credit risk. Changes in fair value may occur as a result of a change in actual or projected cash payments, the probability weightings applied by the Company to projected payments or a change in the discount rate. Significant increases or decreases in any of these inputs in isolation could result in a significantly lower, or higher, fair value measurement. In 2012 and 2011, we recognized reductions to contingent consideration of $0.4 million and $10.3 million, respectively, due primarily to revised estimates of the probability of achieving the specified targets. | |||||||||||||||||||||||||
Financial Instruments | ' | ||||||||||||||||||||||||
Financial Instruments—The Company’s financial instruments include certain acquisition-related liabilities (deferred consideration and noncompete obligations) and debt. The fair value of the deferred consideration and noncompete obligations approximate their carrying value of $28.3 million and $4.2 million, respectively, as of December 28, 2013 and $23.4 million and $7.4 million, respectively, as of December 29, 2012. The fair value was determined based on Level 3 inputs, including the cash payment terms in the purchase agreements and a discount rate reflecting the Company’s credit risk. | |||||||||||||||||||||||||
The fair value of long-term debt was approximately $696.5 million and $670.7 million as of December 28, 2013 and December 29, 2012, respectively, compared to its carrying value of $663.0 million and $639.8 million, respectively. Fair value was determined based on Level 2 inputs, including observable inputs, specifically quoted prices for these instruments in inactive markets. The fair value of Company’s revolving credit facility approximated its carrying value of $26.0 million at December 28, 2013. | |||||||||||||||||||||||||
Reclassifications | ' | ||||||||||||||||||||||||
Reclassifications—Certain amounts have been reclassified in prior periods to conform to the presentation in the consolidated financial statements as of and for the year ended December 28, 2013. | |||||||||||||||||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||||||||||||||
Principles of Consolidation | ' | ||||||||||||||||||||||||
(b) | Principles of Consolidation | ||||||||||||||||||||||||
The consolidated financial statements of the Company include the accounts of Continental Cement and its wholly owned subsidiary, GAR. All significant intercompany balances and transactions have been eliminated. | |||||||||||||||||||||||||
Use of Estimates | ' | ||||||||||||||||||||||||
(c) | Use of Estimates | ||||||||||||||||||||||||
The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which require management to make estimates and assumptions that affect the reported amounts and disclosures in the consolidated financial statements. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible and other long-lived assets, pension and other postretirement obligations, asset retirement obligations and the redeemable members’ interest. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. Management adjusts such estimates and assumptions when circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from estimates made. Changes in estimates, including those resulting from continuing changes in the economic environment, will be reflected in the Company’s consolidated financial statements in the period in which the change in estimate occurs. | |||||||||||||||||||||||||
Business and Credit Concentrations | ' | ||||||||||||||||||||||||
(d) | Business and Credit Concentrations | ||||||||||||||||||||||||
The Company’s customers are primarily located in Missouri, Iowa and Illinois. The Company’s accounts receivable balances are due primarily from ready-mixed concrete and concrete products producers and contractors within this area. Collection of these accounts is, therefore, dependent on the economic conditions of the area. However, credit granted within the Company’s trade area has been granted to a wide variety of customers, and management does not believe that any significant concentrations of credit exist with respect to individual customers or groups of customers who are engaged in similar activities that would be similarly affected by changes in economic or other conditions. The Company had approximately 16%, 13% and 14%, of cement sales with companies owned by a certain minority owner of the Company for the years ended December 28, 2013, December 31, 2012 and December 31, 2011, respectively. | |||||||||||||||||||||||||
Accounts Receivable | ' | ||||||||||||||||||||||||
(e) | Accounts Receivable | ||||||||||||||||||||||||
Accounts receivable is stated at the amount management expects to collect from outstanding balances. Management provides for probable uncollected amounts through a charge to earnings and a credit to the allowance for doubtful accounts based on its assessment of the status of individual accounts. In establishing the allowance, management considers historical losses adjusted to take into account current market conditions and the Company’s customers’ financial condition, the amount of receivables in dispute, the current receivables aging and current payment terms. Balances that are still outstanding after management has used reasonable collection efforts are written off through a charge to the allowance for doubtful accounts. Changes in the allowance for doubtful accounts have not been material to the consolidated financial statements. | |||||||||||||||||||||||||
Inventories | ' | ||||||||||||||||||||||||
(g) | Inventories | ||||||||||||||||||||||||
Inventories of raw materials, work in process and finished goods are carried at the lower of cost (determined using the average cost method) or market. If items become obsolete or otherwise unusable, they will be charged to costs of production when that determination is made by management. | |||||||||||||||||||||||||
Property, Plant and Equipment, net | ' | ||||||||||||||||||||||||
(h) | Property, Plant and Equipment, net | ||||||||||||||||||||||||
Property, plant and equipment are recorded at cost, less accumulated depreciation and depletion. Expenditures for additions and improvements that significantly add to the productive capacity or extend the useful life of an asset are capitalized. Repair and maintenance costs that do not substantially extend the life of the Company’s property, plant and equipment are expensed as incurred. | |||||||||||||||||||||||||
Upon disposal, the cost and related accumulated depreciation are removed from the Company’s accounts and any gain or loss is included in operating income. | |||||||||||||||||||||||||
Depreciation on property, plant and equipment is computed on a straight-line basis. These estimated useful lives are as follows: | |||||||||||||||||||||||||
Building and improvements | 30 – 40 years | ||||||||||||||||||||||||
Plant, machinery and equipment | 3 – 40 years | ||||||||||||||||||||||||
Mobile equipment and barges | 3 – 20 years | ||||||||||||||||||||||||
Other | 3 – 7 years | ||||||||||||||||||||||||
Depletion of mineral reserves is calculated over proven and probable reserves by the units of production method on a site-by-site basis. | |||||||||||||||||||||||||
The Company reviews the carrying value of property, plant and equipment for impairment whenever events or circumstances indicate that the carrying value of an asset may not be recoverable from the estimated future cash flows expected to result from its use and eventual disposition. Such indicators may include, among others, deterioration in general economic conditions, negative developments in equity and credit markets, adverse changes in the markets in which an entity operates, increases in input costs that have a negative effect on earnings and cash flows or a trend of negative or declining cash flows over multiple periods. | |||||||||||||||||||||||||
Goodwill | ' | ||||||||||||||||||||||||
(j) | Goodwill | ||||||||||||||||||||||||
Goodwill is the excess of cost over the fair value of net assets of businesses acquired and was $24.1 million as of December 28, 2013 and December 31, 2012. Goodwill is not amortized, but is tested annually for impairment and whenever events or circumstances change that would make it more likely than not that an impairment may have occurred. | |||||||||||||||||||||||||
Continental Cement performs an annual impairment analysis as of the first day of the fourth quarter of each fiscal year for its one reporting unit. The first step of the goodwill impairment test compares the fair value of the reporting unit to its carrying value. Management estimates the fair value of the reporting unit primarily based on the discounted projected cash flows of the underlying operations. A number of significant assumptions and estimates are required to forecast operating cash flows, including macroeconomic trends in the private construction and public infrastructure industries, expected success in securing future sales and the appropriate interest rate used to discount the projected cash flows. During the 2013 and 2012 annual reviews of goodwill, management concluded that the estimated fair value of the reporting unit was substantially in excess of its carrying value, resulting in no indication of impairment. The Company has recorded no goodwill impairment charges to date. | |||||||||||||||||||||||||
Income Taxes | ' | ||||||||||||||||||||||||
(k) | Income Taxes | ||||||||||||||||||||||||
Continental Cement and GAR are limited liability companies that pass their tax attributes for federal and state tax purposes to their members and are generally not subject to federal or state income tax. | |||||||||||||||||||||||||
Reclassifications | ' | ||||||||||||||||||||||||
(m) | Reclassifications | ||||||||||||||||||||||||
Certain amounts have been reclassified in prior periods to conform to the presentation in the consolidated financial statements as of and for the year ended December 28, 2013. | |||||||||||||||||||||||||
Business Activities and Organization | ' | ||||||||||||||||||||||||
(a) | Business Activities and Organization | ||||||||||||||||||||||||
Continental Cement Company, L.L.C. (the “Company” or “Continental Cement”) produces Portland cement at its plant located in Hannibal, Missouri. Cement distribution terminals are maintained in Hannibal and St. Louis, Missouri and Bettendorf, Iowa. The Company’s primary customers are ready-mixed concrete and concrete products producers and contractors located in the Midwestern United States. | |||||||||||||||||||||||||
Green America Recycling, L.L.C. (“GAR”), a wholly owned subsidiary of the Company, is engaged in the business of securing, processing and blending hazardous and nonhazardous waste materials primarily for use as supplemental fuels in Continental Cement’s manufacturing process. GAR’s primary customers are commercial transportation disposal facilities and petroleum and chemical manufacturers located in the continental United States. | |||||||||||||||||||||||||
The Company, a Delaware limited liability company, is governed by the Amended and Restated Continental Cement Limited Liability Company Agreement (as amended, the “LLC Agreement”). As such, liability of the Company’s members is generally limited to the amount of their net investment in the Company. Continental Cement is an indirect non–wholly owned subsidiary of Summit Materials, LLC (“Summit Materials”). | |||||||||||||||||||||||||
In 2013, Continental Cement changed its fiscal year from a calendar year to a 52-week year with each quarter composed of 13 weeks ending on a Saturday, consistent with that of Summit Materials. Continental Cement’s fiscal year end in 2013 was December 28 compared to the calendar year ended December 31 in 2012 and 2011. The effect of this change to Continental Cement’s financial position, results of operations and liquidity was immaterial. | |||||||||||||||||||||||||
Revenue Recognition | ' | ||||||||||||||||||||||||
(f) | Revenue Recognition | ||||||||||||||||||||||||
Revenue from the sale of cement is recognized when evidence of an arrangement exists, the fee is fixed or determinable, title passes, which is generally when the product is shipped, and collection is reasonably assured. Cement sales are recorded net of discounts, allowances and sales taxes, as applicable. The Company records freight revenue on a net basis together with freight costs within cost of sales. | |||||||||||||||||||||||||
Revenue from the receipt of waste fuels is recognized when the waste is accepted and a corresponding liability is recognized for the costs to process the waste into fuel for the manufacturing of cement or to ship the waste offsite for disposal in accordance with applicable regulations. | |||||||||||||||||||||||||
Accrued Mining Reclamation | ' | ||||||||||||||||||||||||
(i) | Accrued Mining Reclamation | ||||||||||||||||||||||||
The mining reclamation obligations are based on management’s estimate of future cost requirements to reclaim property at quarry sites. Estimates of these obligations have been developed based on management’s interpretation of current requirements and proposed regulatory changes and are intended to approximate fair value. Costs are estimated in current dollars, inflated until the expected time of payment, using an inflation rate of 2.5%, and then discounted back to present value using a risk-free rate on obligations of similar maturity, adjusted to reflect the Company’s credit rating. Changes in the credit-adjusted, risk-free rate do not change recorded liabilities. However, subsequent increases in the recognized obligations are measured using a current credit-adjusted, risk-free rate. Decreases in the recognized obligations are measured at the initial credit-adjusted, risk-free rate. | |||||||||||||||||||||||||
Significant changes in inflation rates or the amount or timing of future cost estimates typically result in both (1) a current adjustment to the recorded liability (and corresponding adjustment to the asset) and (2) a change in accretion of the liability and depreciation of the asset to be recorded prospectively over the remaining capacity of the unmined quarry. |
Summary_of_Organization_and_Si2
Summary of Organization and Significant Accounting Policies (Tables) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||
Estimated Useful Lives of Assets | ' | ||||||||||||||||||||||||
The estimated useful lives are generally as follows: | |||||||||||||||||||||||||
Buildings and improvements | 7–40 years | ||||||||||||||||||||||||
Plant, machinery and equipment | 3–40 years | ||||||||||||||||||||||||
Truck and auto fleet | 3–10 years | ||||||||||||||||||||||||
Mobile equipment and barges | 3–20 years | ||||||||||||||||||||||||
Landfill airspace and improvements | 5–60 years | ||||||||||||||||||||||||
Intangible Assets by Type and in Total | ' | ||||||||||||||||||||||||
The following table shows intangible assets by type and in total: | |||||||||||||||||||||||||
December 28, 2013 | December 29, 2012 | ||||||||||||||||||||||||
Gross | Accumulated | Net | Gross | Accumulated | Net | ||||||||||||||||||||
Carrying | Amortization | Carrying | Carrying | Amortization | Carrying | ||||||||||||||||||||
Amount | Amount | Amount | Amount | ||||||||||||||||||||||
Leases | $ | 10,430 | $ | (1,604 | ) | $ | 8,826 | $ | 8,940 | $ | (1,092 | ) | $ | 7,848 | |||||||||||
Reserve rights | 5,890 | (221 | ) | 5,669 | — | — | — | ||||||||||||||||||
Trade names | 1,020 | (368 | ) | 652 | 1,020 | (262 | ) | 758 | |||||||||||||||||
Total intangible assets | $ | 17,340 | $ | (2,193 | ) | $ | 15,147 | $ | 9,960 | $ | (1,354 | ) | $ | 8,606 | |||||||||||
Estimated Amortization Expense for Intangible Assets | ' | ||||||||||||||||||||||||
The estimated amortization expense for intangible assets for each of the next five years and thereafter is as follows: | |||||||||||||||||||||||||
2014 | $ | 897 | |||||||||||||||||||||||
2015 | 897 | ||||||||||||||||||||||||
2016 | 897 | ||||||||||||||||||||||||
2017 | 893 | ||||||||||||||||||||||||
2018 | 893 | ||||||||||||||||||||||||
Thereafter | 10,670 | ||||||||||||||||||||||||
Total | $ | 15,147 | |||||||||||||||||||||||
Assets and Liabilities Measured at Fair Value | ' | ||||||||||||||||||||||||
Assets and liabilities measured at fair value in the consolidated balance sheets as of year-end 2013 and 2012 are as follows: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Accrued expenses: | |||||||||||||||||||||||||
Current portion of contingent consideration | $ | — | $ | 746 | |||||||||||||||||||||
Acquisition- related liabilities | |||||||||||||||||||||||||
Contingent consideration | $ | 1,908 | $ | 1,908 | |||||||||||||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||||||||||||||
Estimated Useful Lives of Assets | ' | ||||||||||||||||||||||||
These estimated useful lives are as follows: | |||||||||||||||||||||||||
Building and improvements | 30 – 40 years | ||||||||||||||||||||||||
Plant, machinery and equipment | 3 – 40 years | ||||||||||||||||||||||||
Mobile equipment and barges | 3 – 20 years | ||||||||||||||||||||||||
Other | 3 – 7 years |
Acquisitions_Tables
Acquisitions (Tables) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Business Combinations [Abstract] | ' | ||||||||
Schedule of Supplemental Pro Forma Information of Acquisitions | ' | ||||||||
Pro Forma Financial Information—The following unaudited supplemental pro forma information presents the financial results as if the 2012 acquisitions occurred on January 1, 2011. This supplemental pro forma information has been prepared for comparative purposes and does not purport to be indicative of what would have occurred had the acquisitions been made on January 1, 2011, nor is it indicative of any future results. The 2013 acquisitions were not material individually or in the aggregate. | |||||||||
Year ended | |||||||||
December 28, 2013 | December 29, 2012 | ||||||||
Revenue | $ | 916,201 | $ | 976,797 | |||||
Net loss | (103,679 | ) | (45,976 | ) | |||||
Summary of Fair Value of Assets Acquired and Liabilities Assumed | ' | ||||||||
The following table summarizes aggregated information regarding the fair values of the assets acquired and liabilities assumed as of the respective acquisition dates in 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Financial assets | $ | 8,302 | $ | 1,397 | |||||
Inventories | 3,954 | 6,988 | |||||||
Property, plant and equipment | 40,580 | 21,543 | |||||||
Other assets | 52 | 1,330 | |||||||
Intangible assets(1) | 7,428 | 3,172 | |||||||
Financial liabilities | (6,164 | ) | (944 | ) | |||||
Other long-term liabilities | (1,050 | ) | (364 | ) | |||||
Net assets acquired | 53,102 | 33,122 | |||||||
Goodwill | 16,120 | 26,230 | |||||||
Total purchase price | 69,222 | 59,352 | |||||||
Noncash transactions: | |||||||||
Acquisition related liabilities | (7,902 | ) | (10,547 | ) | |||||
Other | 281 | (48 | ) | ||||||
Total noncash transactions | (7,621 | ) | (10,595 | ) | |||||
Net cash paid for acquisitions | $ | 61,601 | $ | 48,757 | |||||
-1 | Intangible assets acquired relate to aggregate reserves to which the Company has the rights of ownership, but do not own the reserves ($5.9 million) and the differential between contractual lease rates and market rates for leases of aggregate reserves and office space. The acquired intangible assets in total, the reserve rights and the lease assets have weighted-average lives of 18 years, 20 years and 11 years, respectively. |
Goodwill_Tables
Goodwill (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||||||||
Goodwill by Reportable Segment and in Total | ' | ||||||||||||||||
The following table presents goodwill by reportable segments and in total: | |||||||||||||||||
Central | West | East | Total | ||||||||||||||
Beginning Balance—December 31, 2011 | $ | 53,585 | $ | 91,598 | $ | 8,192 | $ | 153,375 | |||||||||
Acquisitions | 19,204 | (205 | ) | 6,746 | 25,745 | ||||||||||||
Balance, December 29, 2012 | 72,789 | 91,393 | 14,938 | 179,120 | |||||||||||||
Acquisitions | — | 16,120 | — | 16,120 | |||||||||||||
Impairment | — | (53,264 | ) | (14,938 | ) | (68,202 | ) | ||||||||||
Balance, December 28, 2013 | $ | 72,789 | $ | 54,249 | $ | — | $ | 127,038 | |||||||||
Discontinued_Operations_Tables
Discontinued Operations (Tables) | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | |||||||||||||
Discontinued Operations And Disposal Groups [Abstract] | ' | ||||||||||||
Revenue and Loss before Income Tax Expense from Discontinued Operations | ' | ||||||||||||
The railroad, environmental remediation and concrete paving businesses’ revenue and loss before income tax expense, including an immaterial gain on sale, in fiscal years 2013, 2012 and 2011 are summarized below: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Total revenue | $ | 3,884 | $ | 50,152 | $ | 49,537 | |||||||
Loss from discontinued operations before income tax expense | 528 | 3,546 | 5,201 |
Accounts_Receivable_Net_Tables
Accounts Receivable, Net (Tables) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Summary of Accounts Receivable, Net | ' | ||||||||
Accounts receivable, net consists of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Trade accounts receivable | $ | 85,188 | $ | 88,637 | |||||
Retention receivables | 15,966 | 13,181 | |||||||
Receivables from related parties | 202 | 1,871 | |||||||
Accounts receivable | 101,356 | 103,689 | |||||||
Less: Allowance for doubtful accounts | (2,019 | ) | (3,391 | ) | |||||
Accounts receivable, net | $ | 99,337 | $ | 100,298 | |||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Summary of Accounts Receivable, Net | ' | ||||||||
Accounts receivable, net consists of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Trade accounts receivable from unaffiliated entities | $ | 6,961 | $ | 8,859 | |||||
Trade accounts receivable from related parties | 422 | 1,193 | |||||||
Accounts receivable | 7,383 | 10,052 | |||||||
Less: allowance for doubtful accounts | (30 | ) | (128 | ) | |||||
Accounts receivable, net | $ | 7,353 | $ | 9,924 | |||||
Inventories_Tables
Inventories (Tables) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Components of Inventories | ' | ||||||||
Inventories consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Aggregate stockpiles | $ | 70,300 | $ | 62,872 | |||||
Finished goods | 11,207 | 9,342 | |||||||
Work in process | 2,623 | 2,679 | |||||||
Raw materials | 12,302 | 18,084 | |||||||
Total | $ | 96,432 | $ | 92,977 | |||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Components of Inventories | ' | ||||||||
Inventories consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Raw materials | $ | 972 | $ | 475 | |||||
Work-in-process | 2,623 | 2,248 | |||||||
Finished goods | 6,807 | 4,350 | |||||||
Total inventories | $ | 10,402 | $ | 7,073 | |||||
Property_Plant_and_Equipment_n1
Property, Plant and Equipment, net (Tables) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Components of Property, Plant and Equipment | ' | ||||||||
Property, plant and equipment, net consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Land (mineral bearing) and asset retirement costs | $ | 107,007 | $ | 106,135 | |||||
Land (non-mineral bearing) | 81,331 | 69,560 | |||||||
Buildings and improvements | 77,535 | 78,168 | |||||||
Plants, machinery and equipment | 680,942 | 623,949 | |||||||
Truck and auto fleet | 19,165 | 19,399 | |||||||
Landfill airspace and improvements | 46,841 | 46,841 | |||||||
Construction in progress | 29,560 | 20,734 | |||||||
Other | 1,779 | 5,134 | |||||||
Property, plant and equipment | 1,044,160 | 969,920 | |||||||
Less accumulated depreciation, depletion and amortization | (212,382 | ) | (156,313 | ) | |||||
Property, plant and equipment, net | $ | 831,778 | $ | 813,607 | |||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Components of Property, Plant and Equipment | ' | ||||||||
Property, plant and equipment, net consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Land (non-mineral bearing) | $ | 4,605 | $ | 4,605 | |||||
Land (mineral bearing) and asset retirement costs | 16,524 | 15,449 | |||||||
Buildings and improvements | 40,795 | 40,681 | |||||||
Plants, machinery and equipment | 247,681 | 231,454 | |||||||
Mobile equipment and barges | 8,060 | 7,859 | |||||||
Construction in progress | 23,394 | 15,301 | |||||||
Other | 1,845 | 1,373 | |||||||
Property, plant and equipment | 342,904 | 316,722 | |||||||
Less accumulated depreciation, depletion and amortization | (36,700 | ) | (25,056 | ) | |||||
Property, plant and equipment, net | $ | 306,204 | $ | 291,666 | |||||
Debt_Tables
Debt (Tables) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Schedule of Debt | ' | ||||||||
Debt as of year-end 2013 and 2012 are summarized as follows: | |||||||||
2013 | 2012 | ||||||||
Senior secured credit facility, revolver due 2017 | $ | 26,000 | $ | — | |||||
Long-term debt: | |||||||||
$250.0 million senior notes, net of discount of $4.0 million at December 28, 2013 and $4.7 million at December 29, 2012 | $ | 245,971 | $ | 245,303 | |||||
$419.9 million senior secured credit facility, term loan net of discount of $2.9 million at December 28, 2013 and $3.5 million at December 29, 2012 | 417,016 | 394,540 | |||||||
Total | 662,987 | 639,843 | |||||||
Current portion of long-term debt | 4,220 | 4,000 | |||||||
Long-term debt | $ | 658,767 | $ | 635,843 | |||||
Schedule of Contractual Payments Long-Term Debt | ' | ||||||||
The total contractual payments of long-term debt for the five years subsequent to December 28, 2013 are as follows: | |||||||||
2014 | $ | 4,220 | |||||||
2015 | 4,220 | ||||||||
2016 | 5,275 | ||||||||
2017 | 4,220 | ||||||||
2018 | 3,165 | ||||||||
Thereafter | 648,790 | ||||||||
Total | 669,890 | ||||||||
Less: Original issue discount | (6,903 | ) | |||||||
Total debt | $ | 662,987 | |||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Schedule of Contractual Payments Long-Term Debt | ' | ||||||||
Future maturities of long-term debt due to Summit Materials as of December 28, 2013 are as follows: | |||||||||
2014 | $ | 1,018 | |||||||
2015 | 1,018 | ||||||||
2016 | 1,273 | ||||||||
2017 | 1,018 | ||||||||
2018 | 764 | ||||||||
Thereafter | 150,517 | ||||||||
Total | $ | 155,608 | |||||||
Income_Taxes_Tables
Income Taxes (Tables) | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||
Components of Income Tax (Benefit) Expense | ' | ||||||||||||
For the years ended 2013, 2012 and 2011, income taxes consist of the following: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Provision for income taxes: | |||||||||||||
Current | $ | 1,761 | $ | (452 | ) | $ | 5,382 | ||||||
Deferred | (4,408 | ) | (3,468 | ) | (1,974 | ) | |||||||
Income tax (benefit) expense | $ | (2,647 | ) | $ | (3,920 | ) | $ | 3,408 | |||||
Schedule of Income Tax Provision (Benefit) | ' | ||||||||||||
The effective tax rate on pre-tax income differs from the U.S. statutory rate due to the following: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Income tax benefit at federal statutory tax rate | $ | (37,160 | ) | $ | (19,074 | ) | $ | (6,895 | ) | ||||
Book loss not subject to income tax | 32,801 | 16,167 | 13,790 | ||||||||||
State and local income taxes | 130 | (90 | ) | 666 | |||||||||
Depletion expense | (411 | ) | (377 | ) | (372 | ) | |||||||
Domestic production activities deduction | — | — | (273 | ) | |||||||||
Goodwill impairment | 1,046 | — | — | ||||||||||
Bargain purchase gain | — | — | (4,250 | ) | |||||||||
Effective rate change | — | (532 | ) | 627 | |||||||||
Valuation allowance | 729 | 36 | (360 | ) | |||||||||
Other | 218 | (50 | ) | 475 | |||||||||
Income tax (benefit) provision | $ | (2,647 | ) | $ | (3,920 | ) | $ | 3,408 | |||||
Components of Net Deferred Income Tax Liability | ' | ||||||||||||
The following table summarizes the components of the net deferred income tax liability as of year-end 2013 and 2012: | |||||||||||||
2013 | 2012 | ||||||||||||
Deferred tax assets (liabilities): | |||||||||||||
Mining reclamation reserve | $ | 1,502 | $ | 1,449 | |||||||||
Accelerated depreciation | (33,146 | ) | (34,733 | ) | |||||||||
Net operating loss | 2,227 | 2,134 | |||||||||||
Capital losses on securities | 997 | 989 | |||||||||||
Landfill closure reserve | (63 | ) | (30 | ) | |||||||||
Working capital (e.g., accrued compensation, prepaid assets) | 2,399 | 3,101 | |||||||||||
Deferred tax liabilities, net | (26,084 | ) | (27,090 | ) | |||||||||
Less valuation allowance on loss carryforwards | (1,826 | ) | (1,025 | ) | |||||||||
Total | $ | (27,910 | ) | $ | (28,115 | ) | |||||||
Included in accompanying consolidated balance sheets under the following captions: | |||||||||||||
Other current assets | $ | 2,316 | $ | 2,275 | |||||||||
Other noncurrent liability | (30,226 | ) | (30,390 | ) | |||||||||
Total | $ | (27,910 | ) | $ | (28,115 | ) | |||||||
Employee_Benefit_Plans_Tables
Employee Benefit Plans (Tables) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||
Obligations and Funded Status | ' | ||||||||||||||||||||||||
Obligations and Funded Status—The following information is as of year-end 2013 and 2012 and for the years ended December 28, 2013, December 29, 2012 and December 31, 2011: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Pension | Other | Pension | Other | ||||||||||||||||||||||
benefits | benefits | benefits | benefits | ||||||||||||||||||||||
Change in benefit obligations: | |||||||||||||||||||||||||
Beginning of period | $ | 28,674 | $ | 15,810 | $ | 26,514 | $ | 14,467 | |||||||||||||||||
Service cost | 295 | 236 | 276 | 207 | |||||||||||||||||||||
Interest cost | 963 | 513 | 1,055 | 585 | |||||||||||||||||||||
Actuarial (gain) loss | (2,674 | ) | (1,048 | ) | 2,347 | 1,597 | |||||||||||||||||||
Special termination benefits | — | 39 | — | — | |||||||||||||||||||||
Benefits paid | (1,614 | ) | (1,395 | ) | (1,518 | ) | (1,046 | ) | |||||||||||||||||
End of period | 25,644 | 14,155 | 28,674 | 15,810 | |||||||||||||||||||||
Change in fair value of plan assets: | |||||||||||||||||||||||||
Beginning of period | 17,863 | — | 16,639 | — | |||||||||||||||||||||
Actual return on plan assets | 1,512 | — | 1,205 | — | |||||||||||||||||||||
Employer contributions | 1,313 | 1,395 | 1,537 | 1,046 | |||||||||||||||||||||
Benefits paid | (1,614 | ) | (1,395 | ) | (1,518 | ) | (1,046 | ) | |||||||||||||||||
End of period | 19,074 | — | 17,863 | — | |||||||||||||||||||||
Funded status of plans | $ | (6,570 | ) | $ | (14,155 | ) | $ | (10,811 | ) | $ | (15,810 | ) | |||||||||||||
Current liabilities | $ | — | $ | (1,268 | ) | $ | — | $ | (1,055 | ) | |||||||||||||||
Noncurrent liabilities | (6,570 | ) | (12,887 | ) | (10,811 | ) | (14,755 | ) | |||||||||||||||||
Liability recognized | $ | (6,570 | ) | $ | (14,155 | ) | $ | (10,811 | ) | $ | (15,810 | ) | |||||||||||||
Amounts recognized in accumulated other comprehensive income: | |||||||||||||||||||||||||
Net actuarial loss | $ | 4,831 | $ | 4,139 | $ | 8,056 | $ | 5,501 | |||||||||||||||||
Prior service cost | — | (1,346 | ) | — | (1,526 | ) | |||||||||||||||||||
Total amount recognized | $ | 4,831 | $ | 2,793 | $ | 8,056 | $ | 3,975 | |||||||||||||||||
Amounts Recognized in Other Comprehensive (Gain) Loss | ' | ||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Amounts recognized in other comprehensive (gain) loss: | |||||||||||||||||||||||||
Net actuarial (gain) loss | $ | (2,838 | ) | $ | (1,048 | ) | $ | 2,444 | $ | 1,597 | $ | 4,066 | $ | 3,390 | |||||||||||
Prior service cost | — | 180 | — | — | — | (1,705 | ) | ||||||||||||||||||
Amortization of prior year service cost | — | — | — | 180 | — | — | |||||||||||||||||||
Amortization of (gain) loss | (387 | ) | (314 | ) | (261 | ) | (312 | ) | (5 | ) | (71 | ) | |||||||||||||
Total amount recognized | $ | (3,225 | ) | $ | (1,182 | ) | $ | 2,183 | $ | 1,465 | $ | 4,061 | $ | 1,614 | |||||||||||
Components of Net Periodic Benefit Cost | ' | ||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Amounts recognized in other comprehensive (gain) loss: | |||||||||||||||||||||||||
Net actuarial (gain) loss | $ | (2,838 | ) | $ | (1,048 | ) | $ | 2,444 | $ | 1,597 | $ | 4,066 | $ | 3,390 | |||||||||||
Prior service cost | — | 180 | — | — | — | (1,705 | ) | ||||||||||||||||||
Amortization of prior year service cost | — | — | — | 180 | — | — | |||||||||||||||||||
Amortization of (gain) loss | (387 | ) | (314 | ) | (261 | ) | (312 | ) | (5 | ) | (71 | ) | |||||||||||||
Total amount recognized | $ | (3,225 | ) | $ | (1,182 | ) | $ | 2,183 | $ | 1,465 | $ | 4,061 | $ | 1,614 | |||||||||||
Components of net periodic benefit cost: | |||||||||||||||||||||||||
Service cost | $ | 295 | $ | 236 | $ | 276 | $ | 207 | $ | 275 | $ | 227 | |||||||||||||
Interest cost | 963 | 513 | 1,055 | 585 | 1,161 | 710 | |||||||||||||||||||
Amortization of loss | 387 | 314 | 262 | 312 | 5 | 69 | |||||||||||||||||||
Expected return on plan assets | (1,348 | ) | — | (1,301 | ) | (180 | ) | (1,400 | ) | — | |||||||||||||||
Special termination benefits | — | 39 | — | — | — | — | |||||||||||||||||||
Amortization of prior service credit | — | (180 | ) | — | — | — | — | ||||||||||||||||||
Net periodic benefit cost | $ | 297 | $ | 922 | $ | 292 | $ | 924 | $ | 41 | $ | 1,006 | |||||||||||||
Weighted-Average Assumptions Used to Determine Benefit Obligations | ' | ||||||||||||||||||||||||
Assumptions—Weighted-average assumptions used to determine the benefit obligations as of year-end 2013 and 2012 are: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Pension | Other | Pension | Other | ||||||||||||||||||||||
benefits | benefits | benefits | benefits | ||||||||||||||||||||||
Discount rate | 4.21% - 4.46% | 4.33% | 3.30% - 3.57% | 3.41% | |||||||||||||||||||||
Expected long-term rate of return on plan assets | 7.50% | N/A | 7.50% | N/A | |||||||||||||||||||||
Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost | ' | ||||||||||||||||||||||||
Weighted-average assumptions used to determine net periodic benefit cost for years ended December 28, 2013, December 29, 2012 and December 31, 2011: | |||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Discount rate | 3.30% - 3.57% | 3.41% | 3.89% - 4.07% | 4.00% | 4.94% - 5.12.% | 5.07% | |||||||||||||||||||
Expected long-term rate of return on plan assets | 7.50% | N/A | 7.50% | N/A | 8.50% | N/A | |||||||||||||||||||
Effects of One Percentage-Point Change in Assumed Health Care Cost Trend Rates | ' | ||||||||||||||||||||||||
A one percentage-point change in assumed health care cost trend rates would have the following effects as of year-end 2013 and 2012: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Increase | Decrease | Increase | Decrease | ||||||||||||||||||||||
Total service cost and interest cost components | $ | 66 | $ | (55 | ) | $ | 73 | $ | (63 | ) | |||||||||||||||
Estimated APBO | 1,251 | (1,073 | ) | 1,555 | (1,331 | ) | |||||||||||||||||||
Fair Value of Company's Pension Plans' Assets | ' | ||||||||||||||||||||||||
The fair value of the Company’s pension plans’ assets by asset class and fair value hierarchy level as of year-end 2013 and 2012 are as follows: | |||||||||||||||||||||||||
2013 | |||||||||||||||||||||||||
Total fair | Quoted prices in active | Observable | |||||||||||||||||||||||
value | markets for identical | inputs (Level 2) | |||||||||||||||||||||||
assets (Level 1) | |||||||||||||||||||||||||
Fixed income securities: | |||||||||||||||||||||||||
Intermediate—government | $ | 1,647 | $ | — | $ | 1,647 | |||||||||||||||||||
Intermediate—corporate | 3,138 | — | 3,138 | ||||||||||||||||||||||
Short-term—government | 2,168 | — | 2,168 | ||||||||||||||||||||||
Short-term—corporate | 4,040 | — | 4,040 | ||||||||||||||||||||||
Equity securities: | |||||||||||||||||||||||||
U.S. Large cap value | 1,221 | 1,221 | — | ||||||||||||||||||||||
U.S. Large cap growth | 1,536 | 1,536 | — | ||||||||||||||||||||||
U.S. Mid cap value | 600 | 600 | — | ||||||||||||||||||||||
U.S. Mid cap growth | 603 | 603 | — | ||||||||||||||||||||||
U.S. Small cap value | 610 | 610 | — | ||||||||||||||||||||||
U.S. Small cap growth | 599 | 599 | — | ||||||||||||||||||||||
International | 889 | 889 | — | ||||||||||||||||||||||
Cash | 1,665 | 1,665 | — | ||||||||||||||||||||||
Precious metals | 358 | 358 | — | ||||||||||||||||||||||
Total | $ | 19,074 | $ | 8,081 | $ | 10,993 | |||||||||||||||||||
2012 | |||||||||||||||||||||||||
Total fair | Quoted prices in active | Observable | |||||||||||||||||||||||
value | markets for identical | inputs (Level 2) | |||||||||||||||||||||||
assets (Level 1) | |||||||||||||||||||||||||
Fixed income securities: | |||||||||||||||||||||||||
Intermediate—government | $ | 1,247 | $ | — | $ | 1,247 | |||||||||||||||||||
Intermediate—corporate | 4,402 | — | 4,402 | ||||||||||||||||||||||
Short-term—government | 2,038 | — | 2,038 | ||||||||||||||||||||||
Short-term—corporate | 3,123 | — | 3,123 | ||||||||||||||||||||||
Equity securities: | |||||||||||||||||||||||||
U.S. Large cap value | 1,063 | 1,063 | — | ||||||||||||||||||||||
U.S. Large cap growth | 1,037 | 1,037 | — | ||||||||||||||||||||||
U.S. Mid cap value | 542 | 542 | — | ||||||||||||||||||||||
U.S. Mid cap growth | 536 | 536 | — | ||||||||||||||||||||||
U.S. Small cap value | 546 | 546 | — | ||||||||||||||||||||||
U.S. Small cap growth | 539 | 539 | — | ||||||||||||||||||||||
International | 1,134 | 1,134 | — | ||||||||||||||||||||||
Cash | 1,656 | 1,656 | — | ||||||||||||||||||||||
Total | $ | 17,863 | $ | 7,053 | $ | 10,810 | |||||||||||||||||||
Estimated Benefit Payments | ' | ||||||||||||||||||||||||
The estimated benefit payments for each of the next five years and the five-year period thereafter are as follows: | |||||||||||||||||||||||||
Pension | Other | ||||||||||||||||||||||||
benefits | benefits | ||||||||||||||||||||||||
2014 | $ | 1,694 | $ | 1,269 | |||||||||||||||||||||
2015 | 1,704 | 1,109 | |||||||||||||||||||||||
2016 | 1,739 | 1,130 | |||||||||||||||||||||||
2017 | 1,737 | 963 | |||||||||||||||||||||||
2018 | 1,774 | 1,018 | |||||||||||||||||||||||
2019 - 2023 | 8,667 | 4,512 | |||||||||||||||||||||||
Total | $ | 17,315 | $ | 10,001 | |||||||||||||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||||||||||||||
Weighted-Average Assumptions Used to Determine Benefit Obligations | ' | ||||||||||||||||||||||||
Assumptions—Weighted-average assumptions used to determine the benefit obligations as of year-end 2013 and 2012 are: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Pension | Other | Pension | Other | ||||||||||||||||||||||
benefits | benefits | benefits | benefits | ||||||||||||||||||||||
Discount rate | 4.21% - 4.46% | 4.33% | 3.30% - 3.57% | 3.41% | |||||||||||||||||||||
Expected long-term rate of return on plan assets | 7.5 | % | N/A | 7.5 | % | N/A | |||||||||||||||||||
Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost | ' | ||||||||||||||||||||||||
Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 28, 2013, December 31, 2012 and December 31, 2011: | |||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Discount rate | 3.30% - 3.57% | 3.41% | 3.89% - 4.07% | 4.00% | 4.94% - 5.12.% | 5.07% | |||||||||||||||||||
Expected long-term rate of return on plan assets | 7.5 | % | N/A | 7.5 | % | N/A | 8.5 | % | N/A | ||||||||||||||||
Effects of One Percentage-Point Change in Assumed Health Care Cost Trend Rates | ' | ||||||||||||||||||||||||
A one percentage-point change in assumed health care cost trend rates would have the following effects as of year-end 2013 and 2012: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Increase | Decrease | Increase | Decrease | ||||||||||||||||||||||
Total service cost and interest cost components | $ | 66 | $ | (55 | ) | $ | 73 | $ | (63 | ) | |||||||||||||||
Estimated APBO | 1,251 | (1,073 | ) | 1,555 | (1,331 | ) | |||||||||||||||||||
Fair Value of Company's Pension Plans' Assets | ' | ||||||||||||||||||||||||
The fair value of the Company’s pension plans’ assets by asset class and fair value hierarchy level as of year-end 2013 and 2012 are as follows: | |||||||||||||||||||||||||
2013 | |||||||||||||||||||||||||
Total fair | Quoted prices in active | Observable | |||||||||||||||||||||||
value | markets for identical | inputs (Level 2) | |||||||||||||||||||||||
assets (Level 1) | |||||||||||||||||||||||||
Fixed income securities: | |||||||||||||||||||||||||
Intermediate—government | $ | 1,647 | $ | — | $ | 1,647 | |||||||||||||||||||
Intermediate—corporate | 3,138 | — | 3,138 | ||||||||||||||||||||||
Short-term—government | 2,168 | — | 2,168 | ||||||||||||||||||||||
Short-term—corporate | 4,040 | — | 4,040 | ||||||||||||||||||||||
Equity securities: | |||||||||||||||||||||||||
U.S. Large cap value | 1,221 | 1,221 | — | ||||||||||||||||||||||
U.S. Large cap growth | 1,536 | 1,536 | — | ||||||||||||||||||||||
U.S. Mid cap value | 600 | 600 | — | ||||||||||||||||||||||
U.S. Mid cap growth | 603 | 603 | — | ||||||||||||||||||||||
U.S. Small cap value | 610 | 610 | — | ||||||||||||||||||||||
U.S. Small cap growth | 599 | 599 | — | ||||||||||||||||||||||
International | 889 | 889 | — | ||||||||||||||||||||||
Cash | 1,665 | 1,665 | — | ||||||||||||||||||||||
Precious metals | 358 | 358 | — | ||||||||||||||||||||||
Total | $ | 19,074 | $ | 8,081 | $ | 10,993 | |||||||||||||||||||
2012 | |||||||||||||||||||||||||
Total | Quoted prices in active | Observable | |||||||||||||||||||||||
fair | markets for identical | inputs | |||||||||||||||||||||||
value | assets (Level 1) | (Level 2) | |||||||||||||||||||||||
Fixed income securities: | |||||||||||||||||||||||||
Intermediate—government | $ | 1,247 | $ | — | $ | 1,247 | |||||||||||||||||||
Intermediate—corporate | 4,402 | — | 4,402 | ||||||||||||||||||||||
Short-term—government | 2,038 | — | 2,038 | ||||||||||||||||||||||
Short-term—corporate | 3,123 | — | 3,123 | ||||||||||||||||||||||
Equity securities: | |||||||||||||||||||||||||
U.S. Large cap value | 1,063 | 1,063 | — | ||||||||||||||||||||||
U.S. Large cap growth | 1,037 | 1,037 | — | ||||||||||||||||||||||
U.S. Mid cap value | 542 | 542 | — | ||||||||||||||||||||||
U.S. Mid cap growth | 536 | 536 | — | ||||||||||||||||||||||
U.S. Small cap value | 546 | 546 | — | ||||||||||||||||||||||
U.S. Small cap growth | 539 | 539 | — | ||||||||||||||||||||||
International | 1,134 | 1,134 | — | ||||||||||||||||||||||
Cash | 1,656 | 1,656 | — | ||||||||||||||||||||||
Total | $ | 17,863 | $ | 7,053 | $ | 10,810 | |||||||||||||||||||
Estimated Benefit Payments | ' | ||||||||||||||||||||||||
The estimated benefit payments for each of the next five years and the five-year period thereafter are as follows: | |||||||||||||||||||||||||
Pension | Other | ||||||||||||||||||||||||
benefits | benefits | ||||||||||||||||||||||||
2014 | $ | 1,694 | $ | 1,269 | |||||||||||||||||||||
2015 | 1,704 | 1,109 | |||||||||||||||||||||||
2016 | 1,739 | 1,130 | |||||||||||||||||||||||
2017 | 1,737 | 963 | |||||||||||||||||||||||
2018 | 1,774 | 1,018 | |||||||||||||||||||||||
2019 - 2023 | 8,667 | 4,512 | |||||||||||||||||||||||
Total | $ | 17,315 | $ | 10,001 | |||||||||||||||||||||
Changes in Projected Benefit Obligations Fair Value of Plan Assets and Funded Status of Plan | ' | ||||||||||||||||||||||||
Obligations and Funded Status—The following information is as of year-end 2013 and 2012 and for the years ended December 28, 2013, December 31, 2012 and December 31, 2011: | |||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||
Pension | Other | Pension | Other | ||||||||||||||||||||||
benefits | benefits | benefits | benefits | ||||||||||||||||||||||
Change in benefit obligations: | |||||||||||||||||||||||||
Beginning of period | $ | 28,674 | $ | 15,810 | $ | 26,514 | $ | 14,467 | |||||||||||||||||
Service cost | 295 | 236 | 276 | 207 | |||||||||||||||||||||
Interest cost | 963 | 513 | 1,055 | 585 | |||||||||||||||||||||
Actuarial (gain) loss | (2,674 | ) | (1,048 | ) | 2,347 | 1,597 | |||||||||||||||||||
Special termination benefits | — | 39 | — | — | |||||||||||||||||||||
Benefits paid | (1,614 | ) | (1,395 | ) | (1,518 | ) | (1,046 | ) | |||||||||||||||||
End of period | 25,644 | 14,155 | 28,674 | 15,810 | |||||||||||||||||||||
Change in fair value of plan assets: | |||||||||||||||||||||||||
Beginning of period | 17,863 | — | 16,639 | — | |||||||||||||||||||||
Actual return on plan assets | 1,512 | — | 1,205 | — | |||||||||||||||||||||
Employer contributions | 1,313 | 1,395 | 1,537 | 1,046 | |||||||||||||||||||||
Benefits paid | (1,614 | ) | (1,395 | ) | (1,518 | ) | (1,046 | ) | |||||||||||||||||
End of period | 19,074 | — | 17,863 | — | |||||||||||||||||||||
Funded status of plans | $ | (6,570 | ) | $ | (14,155 | ) | $ | (10,811 | ) | $ | (15,810 | ) | |||||||||||||
Current liabilities | $ | — | $ | (1,268 | ) | $ | — | $ | (1,055 | ) | |||||||||||||||
Noncurrent liabilities | (6,570 | ) | (12,887 | ) | (10,811 | ) | (14,755 | ) | |||||||||||||||||
Liability recognized | $ | (6,570 | ) | $ | (14,155 | ) | $ | (10,811 | ) | $ | (15,810 | ) | |||||||||||||
Amounts recognized in accumulated other comprehensive income: | |||||||||||||||||||||||||
Net actuarial loss | $ | 4,831 | $ | 4,139 | $ | 8,056 | $ | 5,501 | |||||||||||||||||
Prior service cost | — | (1,346 | ) | — | (1,526 | ) | |||||||||||||||||||
Total amount recognized | $ | 4,831 | $ | 2,793 | $ | 8,056 | $ | 3,975 | |||||||||||||||||
Schedule of Net Periodic Pension Benefit Cost and Other Comprehensive Income | ' | ||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||
Pension | Other | Pension | Other | Pension | Other | ||||||||||||||||||||
benefits | benefits | benefits | benefits | benefits | benefits | ||||||||||||||||||||
Amounts recognized in other comprehensive (gain) loss: | |||||||||||||||||||||||||
Net actuarial (gain) loss | $ | (2,838 | ) | $ | (1,048 | ) | $ | 2,444 | $ | 1,597 | $ | 4,066 | $ | 3,390 | |||||||||||
Prior service cost | — | 180 | — | — | — | (1,705 | ) | ||||||||||||||||||
Amortization of prior year service cost | — | — | — | 180 | — | — | |||||||||||||||||||
Amortization of (gain) loss | (387 | ) | (314 | ) | (261 | ) | (312 | ) | (5 | ) | (71 | ) | |||||||||||||
Total amount recognized | $ | (3,225 | ) | $ | (1,182 | ) | $ | 2,183 | $ | 1,465 | $ | 4,061 | $ | 1,614 | |||||||||||
Components of net periodic benefit cost: | |||||||||||||||||||||||||
Service cost | $ | 295 | $ | 236 | $ | 276 | $ | 207 | $ | 275 | $ | 227 | |||||||||||||
Interest cost | 963 | 513 | 1,055 | 585 | 1,161 | 710 | |||||||||||||||||||
Amortization of loss | 387 | 314 | 262 | 312 | 5 | 69 | |||||||||||||||||||
Expected return on plan assets | (1,348 | ) | — | (1,301 | ) | (180 | ) | (1,400 | ) | — | |||||||||||||||
Special termination benefits | — | 39 | — | — | — | — | |||||||||||||||||||
Amortization of Prior Service Credit | — | (180 | ) | — | — | — | — | ||||||||||||||||||
Net periodic benefit cost | $ | 297 | $ | 922 | $ | 292 | $ | 924 | $ | 41 | $ | 1,006 | |||||||||||||
Accrued_Mining_and_Landfill_Re1
Accrued Mining and Landfill Reclamation (Tables) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Asset Retirement Obligation Disclosure [Abstract] | ' | ||||||||
Activity for Asset Retirement Obligations | ' | ||||||||
long-lived asset and depreciated over the asset’s remaining useful life. The following table presents the activity for the asset retirement obligations for the years ended December 28, 2013 and December 29, 2012: | |||||||||
2013 | 2012 | ||||||||
Beginning balance | $ | 14,844 | $ | 13,328 | |||||
Acquired obligations | 286 | 364 | |||||||
Change in cost estimate | 721 | 604 | |||||||
Settlement of reclamation obligations | (1,201 | ) | (77 | ) | |||||
Additional liabilities incurred | 414 | — | |||||||
Accretion expense | 717 | 625 | |||||||
Ending balance | $ | 15,781 | $ | 14,844 | |||||
AcquisitionRelated_Liabilities1
Acquisition-Related Liabilities (Tables) | 12 Months Ended | ||||
Dec. 28, 2013 | |||||
Business Combinations [Abstract] | ' | ||||
Remaining Payments Due under Noncompete and Deferred Consideration Agreements | ' | ||||
annual installments. The remaining payments due under these noncompete and deferred consideration agreements are as follows: | |||||
2014 | $ | 10,790 | |||
2015 | 6,742 | ||||
2016 | 5,950 | ||||
2017 | 5,910 | ||||
2018 | 5,370 | ||||
Thereafter | 9,963 | ||||
Total scheduled payments | 44,725 | ||||
Present value adjustments | (12,242 | ) | |||
Total noncompete obligations and deferred consideration | $ | 32,483 | |||
Supplemental_Cash_Flow_Informa1
Supplemental Cash Flow Information (Tables) | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | |||||||||||||
Schedule of Supplemental Cash Flow Information | ' | ||||||||||||
Supplemental cash flow information for the years ended December 28, 2013, December 29, 2012 and December 31, 2011 is as follows: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Cash payments: | |||||||||||||
Interest | $ | 52,001 | $ | 36,357 | $ | 41,790 | |||||||
Income taxes | 457 | 799 | 5,608 | ||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||
Schedule of Supplemental Cash Flow Information | ' | ||||||||||||
Supplemental cash flow information is as follows for the years ended December 28, 2013, December 31, 2012 and December 31, 2011: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Cash paid for interest | $ | 11,488 | $ | 7,353 | $ | 12,946 | |||||||
Non cash financing activities: | |||||||||||||
Proceeds on borrowings due to Summit Materials | $ | — | $ | 156,842 | $ | — | |||||||
Repayment by Summit Materials of long-term debt and accrued interest | — | (156,842 | ) | — |
Leasing_Arrangements_Tables
Leasing Arrangements (Tables) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Minimum Contractual Commitments under Long-Term Operating Leases | ' | ||||||||
$4.5 million, $3.9 million and $3.1 million, respectively. Minimum contractual commitments under long-term operating leases, which primarily relate to land, plant and equipment and under royalty agreements as of December 28, 2013, are as follows: | |||||||||
Operating | Royalty | ||||||||
Leases | Agreements | ||||||||
2014 | $ | 4,034 | $ | 2,044 | |||||
2015 | 3,890 | 2,065 | |||||||
2016 | 3,098 | 1,974 | |||||||
2017 | 2,376 | 2,047 | |||||||
2018 | 1,983 | 1,434 | |||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Minimum Contractual Commitments under Long-Term Operating Leases | ' | ||||||||
Minimum rental commitments under long-term operating leases as of December 28, 2013, are as follows: | |||||||||
2014 | $ | 378 | |||||||
2015 | 341 | ||||||||
2016 | 325 | ||||||||
2017 | 291 | ||||||||
2018 | 291 |
Employee_Long_Term_Incentive_P1
Employee Long Term Incentive Plan (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||
Summary of Information for Class D Unit Interests | ' | ||||||||||||||||
The following table summarizes information for the Class D unit interests: | |||||||||||||||||
Time-vesting Interests | Performance-vesting | ||||||||||||||||
Interests | |||||||||||||||||
Number of | Weighted | Number of | Weighted | ||||||||||||||
units | average grant- | units | average grant- | ||||||||||||||
date fair value | date fair value | ||||||||||||||||
per unit | per unit | ||||||||||||||||
Beginning balance—December 29, 2012 | 1,692 | $ | 3,864 | 4,202 | $ | 3,087 | |||||||||||
Granted | 584 | 2,786 | 759 | 2,314 | |||||||||||||
Vested | (772 | ) | 3,896 | — | — | ||||||||||||
Forfeited | (2 | ) | 3,893 | (5 | ) | 3,176 | |||||||||||
Cancelled | (61 | ) | 2,208 | (79 | ) | 1,388 | |||||||||||
Balance—December 28, 2013 | 1,441 | 4,877 | |||||||||||||||
Capital Units [Member] | ' | ||||||||||||||||
Weighted Average Assumptions Used to Estimate the Fair Value of Grants | ' | ||||||||||||||||
The following table presents the weighted average assumptions used to estimate the fair value of grants in 2013, 2012 and 2011: | |||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||
Class D Units | |||||||||||||||||
Risk-free interest rate | 0.50% | 1.62% | 1.71% - 2.39% | ||||||||||||||
Dividend yield | None | None | None | ||||||||||||||
Volatility | 58% | 47% | 42% - 49% | ||||||||||||||
Expected term | 4 years | 6 - 8 years | 6 - 8 years |
Segment_Information_Tables
Segment Information (Tables) | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | |||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||
Summary of Financial Data for Company's Reportable Business Segments | ' | ||||||||||||
The following tables display selected financial data for the Company’s reportable business segments for the following fiscal years: | |||||||||||||
2013 | 2012 | 2011 | |||||||||||
Revenue: | |||||||||||||
Central region | $ | 329,621 | $ | 302,113 | $ | 264,008 | |||||||
West region | 426,195 | 484,922 | 362,577 | ||||||||||
East region | 160,385 | 139,219 | 162,491 | ||||||||||
Total revenue | $ | 916,201 | $ | 926,254 | $ | 789,076 | |||||||
2013 | 2012 | 2011 | |||||||||||
Segment profit (loss): | |||||||||||||
Central region | $ | 72,918 | $ | 65,767 | $ | 65,651 | |||||||
West region | 28,607 | 14,429 | 36,442 | ||||||||||
East region | 15,134 | 10,782 | 15,504 | ||||||||||
Corporate and other(1) | (24,878 | ) | (15,560 | ) | (9,877 | ) | |||||||
Total reportable segments and corporate | 91,781 | 75,418 | 107,720 | ||||||||||
Interest expense | 56,443 | 58,079 | 47,784 | ||||||||||
Depreciation, depletion, amortization and accretion | 72,934 | 68,290 | 61,377 | ||||||||||
Goodwill impairment | 68,202 | — | — | ||||||||||
Loss from continuing operations before taxes | $ | (105,798 | ) | $ | (50,951 | ) | $ | (1,441 | ) | ||||
-1 | Corporate results primarily consist of compensation and office expenses for employees included in the Company’s headquarters and transactions costs. | ||||||||||||
2013 | 2012 | 2011 | |||||||||||
Cash paid for capital expenditures: | |||||||||||||
Central region | $ | 33,030 | $ | 20,996 | $ | 20,078 | |||||||
West region | 21,856 | 14,993 | 9,256 | ||||||||||
East region | 7,753 | 8,736 | 9,311 | ||||||||||
Total reportable segments | 62,639 | 44,725 | 38,645 | ||||||||||
Corporate and other | 3,360 | 763 | 11 | ||||||||||
Total capital expenditures | $ | 65,999 | $ | 45,488 | $ | 38,656 | |||||||
2013 | 2012 | 2011 | |||||||||||
Depreciation, depletion, amortization and accretion: | |||||||||||||
Central region | $ | 33,808 | $ | 30,215 | $ | 27,646 | |||||||
West region | 24,167 | 23,771 | 19,706 | ||||||||||
East region | 14,493 | 14,223 | 13,938 | ||||||||||
Total reportable segments | 72,468 | 68,209 | 61,290 | ||||||||||
Corporate and other | 466 | 81 | 87 | ||||||||||
Total depreciation, depletion, amortization and accretion | $ | 72,934 | $ | 68,290 | $ | 61,377 | |||||||
2013 | 2012 | 2011 | |||||||||||
Total assets: | |||||||||||||
Central region | $ | 657,421 | $ | 610,003 | $ | 587,341 | |||||||
West region | 383,544 | 428,115 | 451,017 | ||||||||||
East region | 192,486 | 224,603 | 238,018 | ||||||||||
Total reportable segments | 1,233,451 | 1,262,721 | 1,276,376 | ||||||||||
Corporate and other | 14,343 | 18,492 | 7,889 | ||||||||||
Total assets | $ | 1,247,794 | $ | 1,281,213 | $ | 1,284,265 | |||||||
2013 | 2012 | 2011 | |||||||||||
Revenue by product:* | |||||||||||||
Aggregates | $ | 159,019 | $ | 146,991 | $ | 116,082 | |||||||
Cement | 76,211 | 77,676 | 69,664 | ||||||||||
Ready-mixed concrete | 112,878 | 100,941 | 94,302 | ||||||||||
Asphalt | 219,811 | 242,458 | 182,952 | ||||||||||
Construction and paving | 478,280 | 505,189 | 464,866 | ||||||||||
Other | (129,998 | ) | (147,001 | ) | (138,790 | ) | |||||||
Total revenue | $ | 916,201 | $ | 926,254 | $ | 789,076 | |||||||
* | Revenue by product includes intracompany sales transferred at market value. The elimination of intracompany transactions is included in Other. |
Senior_Notes_Guarantor_and_Non1
Senior Notes' Guarantor and Non-Guarantor Financial Information (Tables) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||
Organization Consolidation And Presentation Of Financial Statements [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Condensed Consolidating Balance Sheets | ' | ||||||||||||||||||||||||
Condensed Consolidating Balance Sheets | |||||||||||||||||||||||||
December 28, 2013 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||
Current assets: | |||||||||||||||||||||||||
Cash | $ | 10,375 | $ | 9 | $ | 3,442 | $ | 3,631 | $ | (2,540 | ) | $ | 14,917 | ||||||||||||
Accounts receivable, net | — | 4,587 | 93,102 | 3,100 | (1,452 | ) | 99,337 | ||||||||||||||||||
Intercompany receivables | 38,134 | 3,433 | 30,787 | — | (72,354 | ) | — | ||||||||||||||||||
Cost and estimated earnings in excess of billings | — | — | 10,539 | 228 | — | 10,767 | |||||||||||||||||||
Inventories | — | 10,402 | 85,372 | 658 | — | 96,432 | |||||||||||||||||||
Other current assets | 750 | 444 | 11,715 | 272 | — | 13,181 | |||||||||||||||||||
Total current assets | 49,259 | 18,875 | 234,957 | 7,889 | (76,346 | ) | 234,634 | ||||||||||||||||||
Property, plant and equipment, net | 3,969 | 301,908 | 518,935 | 6,966 | — | 831,778 | |||||||||||||||||||
Goodwill | — | 23,124 | 102,942 | 972 | — | 127,038 | |||||||||||||||||||
Intangible assets, net | — | 642 | 14,505 | — | — | 15,147 | |||||||||||||||||||
Other assets | 296,494 | 17,973 | 37,535 | 1,303 | (314,108 | ) | 39,197 | ||||||||||||||||||
Total assets | $ | 349,722 | $ | 362,522 | $ | 908,874 | $ | 17,130 | $ | (390,454 | ) | $ | 1,247,794 | ||||||||||||
Liabilities, Redeemable Noncontrolling Interest and Member’s Interest | |||||||||||||||||||||||||
Current liabilities: | |||||||||||||||||||||||||
Current portion of debt | $ | 26,010 | $ | 1,018 | $ | 3,192 | $ | — | $ | — | $ | 30,220 | |||||||||||||
Current portion of acquisition-related liabilities | 2,000 | — | 8,635 | — | — | 10,635 | |||||||||||||||||||
Accounts payable | 5,455 | 9,387 | 57,142 | 1,572 | (1,452 | ) | 72,104 | ||||||||||||||||||
Accrued expenses | 12,041 | 9,185 | 37,342 | 1,223 | (2,540 | ) | 57,251 | ||||||||||||||||||
Intercompany payables | — | — | 71,556 | 798 | (72,354 | ) | — | ||||||||||||||||||
Billings in excess of costs and estimated earnings | — | — | 8,837 | 426 | — | 9,263 | |||||||||||||||||||
Total current liabilities | 45,506 | 19,590 | 186,704 | 4,019 | (76,346 | ) | 179,473 | ||||||||||||||||||
Long-term debt | 19,587 | 154,590 | 484,590 | — | — | 658,767 | |||||||||||||||||||
Acquisition-related liabilities | 85 | — | 23,671 | — | — | 23,756 | |||||||||||||||||||
Other noncurrent liabilities | 959 | 20,306 | 56,215 | — | — | 77,480 | |||||||||||||||||||
Total liabilities | 66,137 | 194,486 | 751,180 | 4,019 | (76,346 | ) | 939,476 | ||||||||||||||||||
Redeemable noncontrolling interest | — | — | — | — | 24,767 | 24,767 | |||||||||||||||||||
Redeemable members’ interest | — | 23,450 | — | — | (23,450 | ) | — | ||||||||||||||||||
Total member’s interest | 283,585 | 144,586 | 157,694 | 13,111 | (315,425 | ) | 283,551 | ||||||||||||||||||
Total liabilities, redeemable noncontrolling interest and member’s interest | $ | 349,722 | $ | 362,522 | $ | 908,874 | $ | 17,130 | $ | (390,454 | ) | $ | 1,247,794 | ||||||||||||
Condensed Consolidating Balance Sheets | |||||||||||||||||||||||||
December 29, 2012 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||
Current assets: | |||||||||||||||||||||||||
Cash | $ | 697 | $ | 397 | $ | 30,981 | $ | 680 | $ | (5,324 | ) | $ | 27,431 | ||||||||||||
Accounts receivable, net | — | 7,421 | 90,765 | 3,255 | (1,143 | ) | 100,298 | ||||||||||||||||||
Intercompany receivables | 14,931 | 15,557 | 9,018 | — | (39,506 | ) | — | ||||||||||||||||||
Cost and estimated earnings in excess of billings | — | — | 11,428 | 147 | — | 11,575 | |||||||||||||||||||
Inventories | — | 7,073 | 84,555 | 1,349 | — | 92,977 | |||||||||||||||||||
Other current assets | 25 | 726 | 8,447 | 2,409 | (1,539 | ) | 10,068 | ||||||||||||||||||
Total current assets | 15,653 | 31,174 | 235,194 | 7,840 | (47,512 | ) | 242,349 | ||||||||||||||||||
Property, plant and equipment, net | 1,074 | 287,677 | 517,994 | 6,862 | — | 813,607 | |||||||||||||||||||
Goodwill | — | 23,124 | 155,024 | 972 | — | 179,120 | |||||||||||||||||||
Intangible assets, net | — | 742 | 7,864 | — | — | 8,606 | |||||||||||||||||||
Other assets | 374,581 | 11,891 | 161,442 | 1,315 | (511,698 | ) | 37,531 | ||||||||||||||||||
Total assets | $ | 391,308 | $ | 354,608 | $ | 1,077,518 | $ | 16,989 | $ | (559,210 | ) | $ | 1,281,213 | ||||||||||||
Liabilities, Redeemable Noncontrolling Interest and Member’s Interest | |||||||||||||||||||||||||
Current liabilities: | |||||||||||||||||||||||||
Current portion of debt | $ | — | $ | 965 | $ | 3,035 | $ | — | $ | — | $ | 4,000 | |||||||||||||
Current portion of acquisition-related liabilities | — | — | 9,525 | — | — | 9,525 | |||||||||||||||||||
Accounts payable | 2,745 | 6,715 | 51,179 | 2,138 | (1,143 | ) | 61,634 | ||||||||||||||||||
Accrued expenses | 6,877 | 10,742 | 38,050 | 1,015 | (6,862 | ) | 49,822 | ||||||||||||||||||
Intercompany payables | — | — | 33,396 | 6,110 | (39,506 | ) | — | ||||||||||||||||||
Billings in excess of costs and estimated earnings | — | — | 6,656 | 270 | — | 6,926 | |||||||||||||||||||
Total current liabilities | 9,622 | 18,422 | 141,841 | 9,533 | (47,511 | ) | 131,907 | ||||||||||||||||||
Long-term debt | — | 155,394 | 480,449 | — | — | 635,843 | |||||||||||||||||||
Acquisition-related liabilities | — | — | 23,919 | — | — | 23,919 | |||||||||||||||||||
Other noncurrent liabilities | 395 | 27,091 | 56,780 | — | — | 84,266 | |||||||||||||||||||
Total liabilities | 10,017 | 200,907 | 702,989 | 9,533 | (47,511 | ) | 875,935 | ||||||||||||||||||
Redeemable noncontrolling interest | — | — | — | — | 22,850 | 22,850 | |||||||||||||||||||
Redeemable members’ interest | — | 22,850 | — | — | (22,850 | ) | — | ||||||||||||||||||
Total member’s interest | 381,291 | 130,851 | 374,529 | 7,456 | (511,699 | ) | 382,428 | ||||||||||||||||||
Total liabilities, redeemable noncontrolling interest and member’s interest | $ | 391,308 | $ | 354,608 | $ | 1,077,518 | $ | 16,989 | $ | (559,210 | ) | $ | 1,281,213 | ||||||||||||
Schedule of Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | ' | ||||||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | |||||||||||||||||||||||||
Year ended December 28, 2013 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Total revenue | $ | — | $ | 80,759 | $ | 807,921 | $ | 41,910 | $ | (14,389 | ) | $ | 916,201 | ||||||||||||
Cost of revenue (excluding items shown separately below) | — | 55,241 | 611,799 | 24,401 | (14,389 | ) | 677,052 | ||||||||||||||||||
General and administrative expenses | 7,241 | 7,673 | 125,778 | 1,308 | — | 142,000 | |||||||||||||||||||
Goodwill impairment | — | — | 68,202 | — | — | 68,202 | |||||||||||||||||||
Depreciation, depletion, amortization and accretion | 465 | 11,378 | 60,078 | 1,013 | — | 72,934 | |||||||||||||||||||
Transaction costs | — | — | 3,990 | — | — | 3,990 | |||||||||||||||||||
Operating (loss) income | (7,706 | ) | 6,467 | (61,926 | ) | 15,188 | — | (47,977 | ) | ||||||||||||||||
Other expense (income), net | 99,085 | (3,737 | ) | (3,410 | ) | 274 | (90,834 | ) | 1,378 | ||||||||||||||||
Interest expense | — | 10,702 | 49,591 | 382 | (4,232 | ) | 56,443 | ||||||||||||||||||
(Loss) income from continuing operations before taxes | (106,791 | ) | (498 | ) | (108,107 | ) | 14,532 | 95,066 | (105,798 | ) | |||||||||||||||
Income tax expense | — | — | (2,647 | ) | — | — | (2,647 | ) | |||||||||||||||||
(Loss) income from continuing operations | (106,791 | ) | (498 | ) | (105,460 | ) | 14,532 | 95,066 | (103,151 | ) | |||||||||||||||
Loss from discontinued operations | — | — | 528 | — | — | 528 | |||||||||||||||||||
Net (loss) income | (106,791 | ) | (498 | ) | (105,988 | ) | 14,532 | 95,066 | (103,679 | ) | |||||||||||||||
Net income attributable to noncontrolling interest | — | — | — | — | 3,112 | 3,112 | |||||||||||||||||||
Net (loss) income attributable to member of Summit Materials, LLC | $ | (106,791 | ) | $ | (498 | ) | $ | (105,988 | ) | $ | 14,532 | $ | 91,954 | $ | (106,791 | ) | |||||||||
Comprehensive (loss) income attributable to member of Summit Materials, LLC | $ | (106,791 | ) | $ | 3,909 | $ | (105,988 | ) | $ | 14,532 | $ | 90,632 | $ | (103,706 | ) | ||||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | |||||||||||||||||||||||||
Year ended December 29, 2012 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Total revenue | $ | — | $ | 81,516 | $ | 824,796 | $ | 33,074 | $ | (13,132 | ) | $ | 926,254 | ||||||||||||
Cost of revenue (excluding items shown separately below) | — | 58,319 | 649,577 | 18,582 | (13,132 | ) | 713,346 | ||||||||||||||||||
General and administrative expenses | 8 | 6,235 | 119,645 | 1,327 | — | 127,215 | |||||||||||||||||||
Depreciation, depletion, amortization and accretion | 81 | 10,093 | 57,080 | 1,036 | — | 68,290 | |||||||||||||||||||
Transaction costs | — | — | 1,988 | — | — | 1,988 | |||||||||||||||||||
Operating (loss) income | (89 | ) | 6,869 | (3,494 | ) | 12,129 | — | 15,415 | |||||||||||||||||
Other expense (income), net | 52,400 | (2,065 | ) | 6,630 | (101 | ) | (48,577 | ) | 8,287 | ||||||||||||||||
Interest expense | — | 12,045 | 47,293 | 633 | (1,892 | ) | 58,079 | ||||||||||||||||||
(Loss) income from continuing operations before taxes | (52,489 | ) | (3,111 | ) | (57,417 | ) | 11,597 | 50,469 | (50,951 | ) | |||||||||||||||
Income tax expense | 5 | — | (3,925 | ) | — | — | (3,920 | ) | |||||||||||||||||
(Loss) income from continuing operations | (52,494 | ) | (3,111 | ) | (53,492 | ) | 11,597 | 50,469 | (47,031 | ) | |||||||||||||||
Loss from discontinued operations | — | — | 3,546 | — | — | 3,546 | |||||||||||||||||||
Net (loss) income | (52,494 | ) | (3,111 | ) | (57,038 | ) | 11,597 | 50,469 | (50,577 | ) | |||||||||||||||
Net income attributable to noncontrolling interest | — | — | — | — | 1,919 | 1,919 | |||||||||||||||||||
Net (loss) income attributable to member of Summit Materials, LLC | $ | (52,494 | ) | $ | (3,111 | ) | $ | (57,038 | ) | $ | 11,597 | $ | 48,550 | $ | (52,496 | ) | |||||||||
Comprehensive (loss) income attributable to member of Summit Materials, LLC | $ | (52,494 | ) | $ | (6,759 | ) | $ | (57,038 | ) | $ | 11,597 | $ | 49,645 | $ | (55,049 | ) | |||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | |||||||||||||||||||||||||
Year ended December 31, 2011 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Total revenue | $ | — | $ | 70,064 | $ | 700,916 | $ | 21,566 | $ | (3,470 | ) | $ | 789,076 | ||||||||||||
Cost of revenue (excluding items shown separately below) | — | 41,221 | 542,699 | 17,204 | (3,470 | ) | 597,654 | ||||||||||||||||||
General and administrative expenses | 1,453 | 3,933 | 89,011 | 1,429 | — | 95,826 | |||||||||||||||||||
Depreciation, depletion, amortization and accretion | 87 | 9,697 | 50,640 | 953 | — | 61,377 | |||||||||||||||||||
Transaction costs | — | — | 9,120 | — | — | 9,120 | |||||||||||||||||||
Operating (loss) income | (1,540 | ) | 15,213 | 9,446 | 1,980 | — | 25,099 | ||||||||||||||||||
Other expense (income), net | 8,510 | (61 | ) | (24,375 | ) | 124 | (5,442 | ) | (21,244 | ) | |||||||||||||||
Interest expense | — | 14,004 | 33,685 | 647 | (552 | ) | 47,784 | ||||||||||||||||||
(Loss) income from continuing operations before taxes | (10,050 | ) | 1,270 | 136 | 1,209 | 5,994 | (1,441 | ) | |||||||||||||||||
Income tax expense | — | — | 3,408 | — | — | 3,408 | |||||||||||||||||||
(Loss) income from continuing operations | (10,050 | ) | 1,270 | (3,272 | ) | 1,209 | 5,994 | (4,849 | ) | ||||||||||||||||
Loss from discontinued operations | — | — | 5,201 | — | — | 5,201 | |||||||||||||||||||
Net (loss) income | (10,050 | ) | 1,270 | (8,473 | ) | 1,209 | 5,994 | (10,050 | ) | ||||||||||||||||
Net income attributable to noncontrolling interest | 695 | — | 695 | — | (695 | ) | 695 | ||||||||||||||||||
Net (loss) income attributable to member of Summit Materials, LLC | $ | (10,745 | ) | $ | 1,270 | $ | (9,168 | ) | $ | 1,209 | $ | 6,689 | $ | (10,745 | ) | ||||||||||
Comprehensive (loss) income attributable to member of Summit Materials, LLC | $ | (9,375 | ) | $ | (4,405 | ) | $ | (13,473 | ) | $ | 1,209 | $ | 10,994 | $ | (15,050 | ) | |||||||||
Schedule of Condensed Consolidating Statements of Cash Flows | ' | ||||||||||||||||||||||||
Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||
Year ended December 28, 2013 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Net cash (used for) provided by operating activities | $ | (232 | ) | $ | 9,003 | $ | 44,746 | $ | 12,895 | $ | — | $ | 66,412 | ||||||||||||
Cash flow from investing activities: | |||||||||||||||||||||||||
Acquisitions, net of cash acquired | — | — | (61,601 | ) | — | — | (61,601 | ) | |||||||||||||||||
Purchase of property, plant and equipment | (3,359 | ) | (24,896 | ) | (36,629 | ) | (1,115 | ) | — | (65,999 | ) | ||||||||||||||
Proceeds from the sale of property, plant, and equipment | — | 3 | 16,020 | 62 | — | 16,085 | |||||||||||||||||||
Net cash used for investing activities | (3,359 | ) | (24,893 | ) | (82,210 | ) | (1,053 | ) | — | (111,515 | ) | ||||||||||||||
Cash flow from financing activities | |||||||||||||||||||||||||
Net proceeds from debt issuance | 230,817 | — | — | — | — | 230,817 | |||||||||||||||||||
Loans received from and payments made on loans from other Summit Companies | (29,121 | ) | 15,502 | 19,726 | (8,891 | ) | 2,784 | — | |||||||||||||||||
Payments on long-term debt | (188,424 | ) | — | — | — | — | (188,424 | ) | |||||||||||||||||
Payments on acquisition-related liabilities | — | — | (9,801 | ) | — | — | (9,801 | ) | |||||||||||||||||
Other | (3 | ) | — | — | — | — | (3 | ) | |||||||||||||||||
Net cash provided by (used for) financing activities | 13,269 | 15,502 | 9,925 | (8,891 | ) | 2,784 | 32,589 | ||||||||||||||||||
Net decrease (increase) in cash | 9,678 | (388 | ) | (27,539 | ) | 2,951 | 2,784 | (12,514 | ) | ||||||||||||||||
Cash—Beginning of period | 697 | 397 | 30,981 | 680 | (5,324 | ) | 27,431 | ||||||||||||||||||
Cash—End of period | $ | 10,375 | $ | 9 | $ | 3,442 | $ | 3,631 | $ | (2,540 | ) | $ | 14,917 | ||||||||||||
Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||
Year ended December 29, 2012 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Net cash provided by operating activities | $ | 4,845 | $ | 12,806 | $ | 36,649 | $ | 8,217 | $ | (238 | ) | $ | 62,279 | ||||||||||||
Cash flow from investing activities: | |||||||||||||||||||||||||
Acquisitions, net of cash acquired | — | — | (48,757 | ) | — | — | (48,757 | ) | |||||||||||||||||
Purchase of property, plant and equipment | (762 | ) | (12,174 | ) | (31,818 | ) | (734 | ) | — | (45,488 | ) | ||||||||||||||
Proceeds from the sale of property, plant, and equipment | — | 69 | 8,577 | 190 | — | 8,836 | |||||||||||||||||||
Other | — | — | 69 | — | — | 69 | |||||||||||||||||||
Net cash used for investing activities | (762 | ) | (12,105 | ) | (71,929 | ) | (544 | ) | — | (85,340 | ) | ||||||||||||||
Cash flow from financing activities | |||||||||||||||||||||||||
Net proceeds from debt issuance | 713,378 | (17 | ) | — | — | — | 713,361 | ||||||||||||||||||
Loans received from and payments made on loans from other Summit Companies | (25,371 | ) | (295 | ) | 39,783 | (8,793 | ) | (5,324 | ) | — | |||||||||||||||
Payments on long-term debt | (697,438 | ) | — | — | — | — | (697,438 | ) | |||||||||||||||||
Payments on acquisition-related liabilities | — | — | (7,519 | ) | — | — | (7,519 | ) | |||||||||||||||||
Other | (656 | ) | — | — | (284 | ) | 238 | (702 | ) | ||||||||||||||||
Net cash (used for) provided by financing activities | (10,087 | ) | (312 | ) | 32,264 | (9,077 | ) | (5,086 | ) | 7,702 | |||||||||||||||
Net decrease (increase) in cash | (6,004 | ) | 389 | (3,016 | ) | (1,404 | ) | (5,324 | ) | (15,359 | ) | ||||||||||||||
Cash—Beginning of period | 6,701 | 8 | 33,997 | 2,084 | — | 42,790 | |||||||||||||||||||
Cash—End of period | $ | 697 | $ | 397 | $ | 30,981 | $ | 680 | $ | (5,324 | ) | $ | 27,431 | ||||||||||||
Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||
Year ended December 31, 2011 | |||||||||||||||||||||||||
Summit | Non- | Wholly- | Non- | Eliminations | Consolidated | ||||||||||||||||||||
Materials, | Wholly- | owned | Guarantors | ||||||||||||||||||||||
LLC | owned | Guarantors | |||||||||||||||||||||||
(Parent) | Guarantor | ||||||||||||||||||||||||
Net cash provided by operating activities | $ | (824 | ) | $ | 3,808 | $ | 17,262 | $ | 2,586 | $ | 421 | $ | 23,253 | ||||||||||||
Cash flow from investing activities: | |||||||||||||||||||||||||
Acquisitions, net of cash acquired | — | — | (161,073 | ) | — | — | (161,073 | ) | |||||||||||||||||
Purchase of property, plant and equipment | (11 | ) | (5,933 | ) | (31,210 | ) | (1,502 | ) | — | (38,656 | ) | ||||||||||||||
Proceeds from the sale of property, plant, and equipment | — | 168 | 6,880 | 109 | — | 7,157 | |||||||||||||||||||
Proceeds from the sale of investments | — | — | 377 | (136 | ) | — | 241 | ||||||||||||||||||
Cash contribution to affiliates | (135,530 | ) | — | — | — | 135,530 | — | ||||||||||||||||||
Net cash used for investing activities | (135,541 | ) | (5,765 | ) | (185,026 | ) | (1,529 | ) | 135,530 | (192,331 | ) | ||||||||||||||
Cash flow from financing activities | |||||||||||||||||||||||||
Proceeds from investment by member | 103,630 | — | 135,530 | 421 | (135,951 | ) | 103,630 | ||||||||||||||||||
Net proceeds from debt issuance | — | 36,456 | 60,292 | — | — | 96,748 | |||||||||||||||||||
Payments on long-term debt | — | (34,500 | ) | (14,500 | ) | — | — | (49,000 | ) | ||||||||||||||||
Payments on acquisition-related liabilities | — | — | (4,593 | ) | — | — | (4,593 | ) | |||||||||||||||||
Other | — | — | — | (10 | ) | — | (10 | ) | |||||||||||||||||
Net cash (used for) provided by financing activities | 103,630 | 1,956 | 176,729 | 411 | (135,951 | ) | 146,775 | ||||||||||||||||||
Net decrease (increase) in cash | (32,735 | ) | (1 | ) | 8,965 | 1,468 | — | (22,303 | ) | ||||||||||||||||
Cash—Beginning of period | 39,436 | 9 | 25,032 | 616 | — | 65,093 | |||||||||||||||||||
Cash—End of period | $ | 6,701 | $ | 8 | $ | 33,997 | $ | 2,084 | $ | — | $ | 42,790 | |||||||||||||
Supplementary_Data_Unaudited_T
Supplementary Data (Unaudited) (Tables) | 12 Months Ended | ||||||||||||||||||||||||||||||||
Dec. 28, 2013 | |||||||||||||||||||||||||||||||||
Supplemental Financial Information | ' | ||||||||||||||||||||||||||||||||
Supplemental financial information (unaudited) by quarter is as follows for the years ended 2013 and 2012: | |||||||||||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||||
4Q | 3Q | 2Q | 1Q | 4Q | 3Q | 2Q | 1Q | ||||||||||||||||||||||||||
Revenue | $ | 238,267 | $ | 316,263 | $ | 254,842 | $ | 106,829 | $ | 231,634 | $ | 319,181 | $ | 255,556 | $ | 119,883 | |||||||||||||||||
Operating (loss) income | (57,742 | ) | 37,895 | 13,731 | (41,861 | ) | 13,322 | 33,249 | 9,015 | (40,171 | ) | ||||||||||||||||||||||
(Loss) income from continuing operations | (70,191 | ) | 22,950 | 244 | (56,154 | ) | 433 | 19,656 | (5,621 | ) | (61,499 | ) | |||||||||||||||||||||
Loss (income) from discontinued operations | 271 | 160 | (26 | ) | 123 | 535 | 1,287 | 2,221 | (497 | ) | |||||||||||||||||||||||
Net (loss) income | $ | (70,462 | ) | $ | 22,790 | $ | 270 | $ | (56,277 | ) | $ | (102 | ) | $ | 18,369 | $ | (7,842 | ) | $ | (61,002 | ) | ||||||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||||||||||||||||||||||||||
Supplemental Financial Information | ' | ||||||||||||||||||||||||||||||||
Supplemental financial information (unaudited) by quarter is as follows for the years ended December 28, 2013 and December 31, 2012: | |||||||||||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||||
(in thousands) | 4Q | 3Q | 2Q | 1Q | 4Q | 3Q | 2Q | 1Q | |||||||||||||||||||||||||
Revenues | $ | 22,509 | $ | 34,155 | $ | 27,224 | $ | 12,361 | $ | 25,304 | $ | 30,430 | $ | 26,141 | $ | 13,007 | |||||||||||||||||
Operating income (loss) | 9,259 | 10,965 | 9,053 | (8,449 | ) | 7,625 | 7,124 | 9,097 | (4,468 | ) | |||||||||||||||||||||||
Net income (loss) | $ | 6,668 | $ | 8,157 | $ | 6,272 | $ | (11,232 | ) | $ | 4,694 | $ | 3,977 | $ | 5,999 | $ | (8,045 | ) |
Accrued_Expenses_Tables
Accrued Expenses (Tables) (Continental Cement Company, L.L.C. [Member]) | 12 Months Ended | ||||||||
Dec. 28, 2013 | |||||||||
Continental Cement Company, L.L.C. [Member] | ' | ||||||||
Accrued Expenses | ' | ||||||||
Accrued expenses consist of the following as of year-end 2013 and 2012: | |||||||||
2013 | 2012 | ||||||||
Accrued interest due to Summit Materials | $ | 3,848 | $ | 4,283 | |||||
Accrued interest due to non-controlling interest | 723 | 2,149 | |||||||
Accrued post-retirement benefits other than pensions, current portion | 1,268 | 1,055 | |||||||
Accrued professional fees | 340 | 400 | |||||||
Accrued payroll, insurance and benefits | 758 | 897 | |||||||
Accrued bonus liability | 884 | 1,153 | |||||||
Accrued costs to remove barge from waterway | 880 | 850 | |||||||
Other | 1,296 | 736 | |||||||
Total | $ | 9,997 | $ | 11,523 | |||||
Summary_of_Organization_and_Si3
Summary of Organization and Significant Accounting Policies - Additional Information (Detail) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||||||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | |
Segment | Customer | Customer | Senior Secured Credit Facility, Revolver [Member] | Level 3 [Member] | Level 3 [Member] | Observable Inputs (Level 2) [Member] | Observable Inputs (Level 2) [Member] | Sales [Member] | Sales [Member] | Sales [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Ohio Valley Asphalt, LLC [Member] | Minimum [Member] | Maximum [Member] | |
Customer | Reporting_Unit | Sales [Member] | Sales [Member] | Sales [Member] | |||||||||||||||
State | |||||||||||||||||||
Summary Of Significant Accounting Policies And Recent Accounting Pronouncements [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of operating states | 14 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of owned subsidiary | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of operating segment | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Redeemable noncontrolling interest percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30.00% | ' | ' | ' | ' | 20.00% | ' | ' |
Ownership investment percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20.00% | 50.00% |
Customer accounted revenue | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | 10.00% | 10.00% | ' | ' | 16.00% | 13.00% | 14.00% | ' | ' | ' |
Number of customers accounted for more than 10% of total revenue | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net loss from asset dispositions | ($12,419,000) | ($2,564,000) | ($2,349,000) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impairment charges | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Inflation rate | 2.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.50% | ' | ' | ' | ' | ' | ' | ' |
Amortization expense | 800,000 | 600,000 | 500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Discount rate | 8.40% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Reductions recognized in contingent consideration | ' | 400,000 | 10,300,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of deferred consideration | ' | ' | ' | ' | 28,300,000 | 4,200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of noncompete obligations | ' | ' | ' | ' | 23,400,000 | 7,400,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of long-term debt | ' | ' | ' | ' | ' | ' | 696,500,000 | 670,700,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Carrying value of long-term debt | 662,987,000 | ' | ' | ' | ' | ' | 663,000,000 | 639,800,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revolving credit facility, fair value | ' | ' | ' | 26,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Value of goodwill | 127,038,000 | 179,120,000 | 153,375,000 | ' | ' | ' | ' | ' | ' | ' | ' | 24,096,000 | 24,096,000 | ' | ' | ' | ' | ' | ' |
Number of reporting unit for annual impairment analysis | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' |
Goodwill impairment charges | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | ' | ' |
Impairment | $68,202,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0 | $0 | ' | ' | ' | ' | ' | ' |
Summary_of_Organization_and_Si4
Summary of Organization and Significant Accounting Policies - Estimated Useful Lives of Assets (Detail) | 12 Months Ended |
Dec. 28, 2013 | |
Minimum [Member] | Buildings and Improvements [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '7 years |
Minimum [Member] | Buildings and Improvements [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '30 years |
Minimum [Member] | Plants, Machinery and Equipment [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '3 years |
Minimum [Member] | Plants, Machinery and Equipment [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '3 years |
Minimum [Member] | Truck and Auto Fleet [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '3 years |
Minimum [Member] | Mobile Equipment and Barges [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '3 years |
Minimum [Member] | Mobile Equipment and Barges [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '3 years |
Minimum [Member] | Landfill Airspace and Improvements [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '5 years |
Minimum [Member] | Other [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '3 years |
Maximum [Member] | Buildings and Improvements [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '40 years |
Maximum [Member] | Buildings and Improvements [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '40 years |
Maximum [Member] | Plants, Machinery and Equipment [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '40 years |
Maximum [Member] | Plants, Machinery and Equipment [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '40 years |
Maximum [Member] | Truck and Auto Fleet [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '10 years |
Maximum [Member] | Mobile Equipment and Barges [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '20 years |
Maximum [Member] | Mobile Equipment and Barges [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '20 years |
Maximum [Member] | Landfill Airspace and Improvements [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '60 years |
Maximum [Member] | Other [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Property, Plant and Equipment [Line Items] | ' |
Estimated useful life | '7 years |
Summary_of_Organization_and_Si5
Summary of Organization and Significant Accounting policies - Intangible Assets by Type and in Total (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 |
In Thousands, unless otherwise specified | ||
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Gross Carrying Amount | $17,340 | $9,960 |
Accumulated Amortization | -2,193 | -1,354 |
Net Carrying Amount | 15,147 | 8,606 |
Leases [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Gross Carrying Amount | 10,430 | 8,940 |
Accumulated Amortization | -1,604 | -1,092 |
Net Carrying Amount | 8,826 | 7,848 |
Reserve Rights [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Gross Carrying Amount | 5,890 | ' |
Accumulated Amortization | -221 | ' |
Net Carrying Amount | 5,669 | ' |
Trade Names [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Gross Carrying Amount | 1,020 | 1,020 |
Accumulated Amortization | -368 | -262 |
Net Carrying Amount | $652 | $758 |
Summary_of_Organization_and_Si6
Summary of Organization and Significant Accounting Policies - Estimated Amortization Expense for Intangible Assets (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 |
In Thousands, unless otherwise specified | ||
Accounting Policies [Abstract] | ' | ' |
2014 | $897 | ' |
2015 | 897 | ' |
2016 | 897 | ' |
2017 | 893 | ' |
2018 | 893 | ' |
Thereafter | 10,670 | ' |
Total | $15,147 | $8,606 |
Summary_of_Organization_and_Si7
Summary of Organization and Significant Accounting Policies - Assets and Liabilities Measured at Fair Value (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 |
In Thousands, unless otherwise specified | ||
Accounting Policies [Abstract] | ' | ' |
Current portion of contingent consideration | ' | $746 |
Contingent consideration | $1,908 | $1,908 |
Acquisitions_Additional_Inform
Acquisitions - Additional Information (Detail) | 12 Months Ended |
Dec. 28, 2013 | |
2013 Acquisitions [Member] | Central Region [Member] | ' |
Business Acquisition [Line Items] | ' |
Business acquisition date | 1-Apr-13 |
2013 Acquisitions [Member] | West Region [Member] | ' |
Business Acquisition [Line Items] | ' |
Business acquisition date | 1-Apr-13 |
2012 Acquisitions [Member] | Central Region [Member] | ' |
Business Acquisition [Line Items] | ' |
Business acquisition date | 29-Feb-12 |
2012 Acquisitions [Member] | West Region [Member] | ' |
Business Acquisition [Line Items] | ' |
Business acquisition date | 30-Nov-12 |
2012 Acquisitions [Member] | East Region [Member] | ' |
Business Acquisition [Line Items] | ' |
Business acquisition date | 5-Oct-12 |
Acquisitions_Supplemental_Pro_
Acquisitions - Supplemental Pro Forma Information of Acquisitions (Detail) (USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 |
Business Combinations [Abstract] | ' | ' |
Revenue | $916,201 | $976,797 |
Net loss | ($103,679) | ($45,976) |
Acquisitions_Summary_of_Fair_V
Acquisitions - Summary of Fair Value of Assets Acquired and Liabilities Assumed (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 |
In Thousands, unless otherwise specified | Series of Individually Immaterial Business Acquisitions [Member] | Series of Individually Immaterial Business Acquisitions [Member] | |||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' |
Financial assets | ' | ' | ' | $8,302 | $1,397 |
Inventories | ' | ' | ' | 3,954 | 6,988 |
Property, plant and equipment | ' | ' | ' | 40,580 | 21,543 |
Other assets | ' | ' | ' | 52 | 1,330 |
Intangible assets | ' | ' | ' | 7,428 | 3,172 |
Financial liabilities | ' | ' | ' | -6,164 | -944 |
Other long-term liabilities | ' | ' | ' | -1,050 | -364 |
Net assets acquired | ' | ' | ' | 53,102 | 33,122 |
Goodwill | 127,038 | 179,120 | 153,375 | 16,120 | 26,230 |
Total purchase price | ' | ' | ' | 69,222 | 59,352 |
Noncash transactions: | ' | ' | ' | ' | ' |
Acquisition related liabilities | ' | ' | ' | -7,902 | -10,547 |
Other | ' | ' | ' | 281 | -48 |
Total noncash transactions | ' | ' | ' | -7,621 | -10,595 |
Net cash paid for acquisitions | ' | ' | ' | $61,601 | $48,757 |
Acquisitions_Summary_of_Fair_V1
Acquisitions - Summary of Fair Value of Assets Acquired and Liabilities Assumed (Parenthetical) (Detail) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Reserve Rights [Member] | Leases [Member] | ||
Business Acquisition [Line Items] | ' | ' | ' |
Acquired intangible assets weighted average life | '18 years | '20 years | '11 years |
Aggregate reserves | $5.90 | ' | ' |
Goodwill_Additional_Informatio
Goodwill - Additional Information (Detail) (USD $) | 12 Months Ended | ||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | |
Unit | |||
Goodwill [Line Items] | ' | ' | ' |
Total number of reporting units | 8 | ' | ' |
Weightage for DCF valuation and market assessment to estimate fair value of operating unit | 50.00% | ' | ' |
Discount rate | 8.40% | ' | ' |
Goodwill impairment | $68,202,000 | ' | ' |
Impairment charges recognized | $0 | $0 | $0 |
Goodwill [Member] | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' |
Discount rate | 11.00% | ' | ' |
Goodwill_Components_of_Goodwil
Goodwill - Components of Goodwill, by Reportable Segment (Detail) (USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 |
Goodwill [Line Items] | ' | ' |
Beginning Balance | $179,120 | $153,375 |
Acquisitions | 16,120 | 25,745 |
Goodwill impairment | -68,202 | ' |
Ending Balance | 127,038 | 179,120 |
Central Region [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Beginning Balance | 72,789 | 53,585 |
Acquisitions | ' | 19,204 |
Goodwill impairment | ' | ' |
Ending Balance | 72,789 | 72,789 |
West Region [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Beginning Balance | 91,393 | 91,598 |
Acquisitions | 16,120 | -205 |
Goodwill impairment | -53,264 | ' |
Ending Balance | 54,249 | 91,393 |
East Region [Member] | ' | ' |
Goodwill [Line Items] | ' | ' |
Beginning Balance | 14,938 | 8,192 |
Acquisitions | ' | 6,746 |
Goodwill impairment | -14,938 | ' |
Ending Balance | ' | $14,938 |
Discontinued_Operations_Additi
Discontinued Operations - Additional Information (Detail) (USD $) | 12 Months Ended |
In Millions, unless otherwise specified | Dec. 29, 2012 |
Discontinued Operations And Disposal Groups [Abstract] | ' |
Sale of railroad construction, repair business and environmental business | $3.10 |
Discontinued_Operations_Revenu
Discontinued Operations - Revenue and Loss before Income Tax Expense from Discontinued Operations (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Discontinued Operations And Disposal Groups [Abstract] | ' | ' | ' |
Total revenue | $3,884 | $50,152 | $49,537 |
Loss from discontinued operations before income tax expense | $528 | $3,546 | $5,201 |
Accounts_Receivable_Net_Summar
Accounts Receivable, Net - Summary of Accounts Receivable, Net (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' | ' |
Trade accounts receivable | $85,188 | $88,637 | ' | ' |
Trade accounts receivable from unaffiliated entities | ' | ' | 6,961 | 8,859 |
Retention receivables | 15,966 | 13,181 | ' | ' |
Trade accounts receivable from related parties | ' | ' | 422 | 1,193 |
Receivables from related parties | 202 | 1,871 | ' | ' |
Accounts receivable | 101,356 | 103,689 | 7,383 | 10,052 |
Less: Allowance for doubtful accounts | -2,019 | -3,391 | -30 | -128 |
Accounts receivable, net | $99,337 | $100,298 | $7,353 | $9,924 |
Inventories_Components_of_Inve
Inventories - Components of Inventories (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||
Inventory [Line Items] | ' | ' | ' | ' |
Aggregate stockpiles | $70,300 | $62,872 | ' | ' |
Finished goods | 11,207 | 9,342 | 6,807 | 4,350 |
Work in process | 2,623 | 2,679 | 2,623 | 2,248 |
Raw materials | 12,302 | 18,084 | 972 | 475 |
Total | $96,432 | $92,977 | $10,402 | $7,073 |
Recovered_Sheet1
Property, Plant and Equipment, Net - Components of Property, Plant and Equipment (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Land (Mineral Bearing) and Asset Retirement Costs [Member] | Land (Mineral Bearing) and Asset Retirement Costs [Member] | Land (Mineral Bearing) and Asset Retirement Costs [Member] | Land (Mineral Bearing) and Asset Retirement Costs [Member] | Land (Non-Mineral Bearing) [Member] | Land (Non-Mineral Bearing) [Member] | Land (Non-Mineral Bearing) [Member] | Land (Non-Mineral Bearing) [Member] | Buildings and Improvements [Member] | Buildings and Improvements [Member] | Buildings and Improvements [Member] | Buildings and Improvements [Member] | Plants, Machinery and Equipment [Member] | Plants, Machinery and Equipment [Member] | Plants, Machinery and Equipment [Member] | Plants, Machinery and Equipment [Member] | Truck and Auto Fleet [Member] | Truck and Auto Fleet [Member] | Landfill Airspace and Improvements [Member] | Landfill Airspace and Improvements [Member] | Construction in Progress [Member] | Construction in Progress [Member] | Construction in Progress [Member] | Construction in Progress [Member] | Other [Member] | Other [Member] | Other [Member] | Other [Member] | Mobile Equipment and Barges [Member] | Mobile Equipment and Barges [Member] | ||
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, plant and equipment, gross | $1,044,160 | $969,920 | $342,904 | $316,722 | $107,007 | $106,135 | $16,524 | $15,449 | $81,331 | $69,560 | $4,605 | $4,605 | $77,535 | $78,168 | $40,795 | $40,681 | $680,942 | $623,949 | $247,681 | $231,454 | $19,165 | $19,399 | $46,841 | $46,841 | $29,560 | $20,734 | $23,394 | $15,301 | $1,779 | $5,134 | $1,845 | $1,373 | $8,060 | $7,859 |
Less accumulated depreciation, depletion and amortization | -212,382 | -156,313 | -36,700 | -25,056 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, plant and equipment, net | $831,778 | $813,607 | $306,204 | $291,666 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Recovered_Sheet2
Property, Plant and Equipment, Net - Additional Information (Detail) (USD $) | 12 Months Ended | |||||||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Capital Leases for Equipment and Building [Member] | Capital Leases for Equipment and Building [Member] | ||||
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Depreciation, depletion and amortization expense | $71,400,000 | $68,600,000 | $61,800,000 | $11,600,000 | $10,300,000 | $9,800,000 | ' | ' |
Property, plant and equipment, net | 831,778,000 | 813,607,000 | ' | 306,204,000 | 291,666,000 | ' | 11,300,000 | 3,100,000 |
Less accumulated depreciation, depletion and amortization | 212,382,000 | 156,313,000 | ' | 36,700,000 | 25,056,000 | ' | 1,300,000 | 200,000 |
Capital leases, accrued expenses obligations | ' | ' | ' | ' | ' | ' | 2,100,000 | ' |
Future minimum rental commitments year one | 2,100,000 | ' | ' | ' | ' | ' | ' | ' |
Future minimum rental commitments year two | 1,100,000 | ' | ' | ' | ' | ' | ' | ' |
Future minimum rental commitments year three | 2,900,000 | ' | ' | ' | ' | ' | ' | ' |
Future minimum rental commitments year four | 400,000 | ' | ' | ' | ' | ' | ' | ' |
Future minimum rental commitments year five | 400,000 | ' | ' | ' | ' | ' | ' | ' |
Underground mine development costs | ' | ' | ' | $22,900,000 | $6,600,000 | ' | ' | ' |
Debt_Schedule_of_Debt_Detail
Debt - Schedule of Debt (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 |
In Thousands, unless otherwise specified | ||
Debt Instrument [Line Items] | ' | ' |
Senior secured credit facility, revolver | $26,000 | ' |
Long-term debt: | ' | ' |
Long-term debt, total | 662,987 | ' |
Total | 662,987 | 639,843 |
Current portion of long-term debt | 4,220 | 4,000 |
Long-term debt | 658,767 | 635,843 |
Senior Secured Credit Facility [Member] | ' | ' |
Long-term debt: | ' | ' |
Long-term debt, total | 417,016 | 394,540 |
Senior Notes [Member] | ' | ' |
Long-term debt: | ' | ' |
Long-term debt, total | $245,971 | $245,303 |
Debt_Schedule_of_Debt_Parenthe
Debt - Schedule of Debt (Parenthetical) (Detail) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Jan. 31, 2012 |
Senior Notes [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Long-term debt, face value | $250 | $250 | $250 |
Original issuance discount | 4 | 4.7 | ' |
Senior Secured Credit Facility [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Long-term debt, face value | 419.9 | 419.9 | ' |
Original issuance discount | 2.9 | 3.5 | ' |
Senior Secured Credit Facility, Revolver [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Revolving senior secured credit facility due date | '2017 | '2017 | ' |
Long-term debt, face value | ' | ' | $150 |
Debt_Additional_Information_De
Debt - Additional Information (Detail) (USD $) | 12 Months Ended | ||
Dec. 28, 2013 | Dec. 29, 2012 | Jan. 31, 2012 | |
Debt Instrument [Line Items] | ' | ' | ' |
Accrued interest on long term debt | $17,100,000 | $19,700,000 | ' |
Original issuance discount | 6,903,000 | ' | 9,500,000 |
Outstanding letters of credit | 26,000,000 | ' | ' |
Percentage of owned subsidiary | 100.00% | ' | ' |
Deferred financing fees, net | 11,500,000 | 12,600,000 | ' |
Senior Secured Credit Facility, Revolver [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Debt instrument, face amount | ' | ' | 150,000,000 |
Effective interest rate | 4.40% | ' | ' |
Maturity date of debt instrument | 30-Jan-17 | ' | ' |
Outstanding letters of credit | 26,000,000 | ' | ' |
Senior Secured Credit Facility, Revolver [Member] | Federal Funds Rate [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Basis spread on variable rate | 0.50% | ' | ' |
Senior Secured Credit Facility, Revolver [Member] | LIBOR [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Basis spread on variable rate | 3.50% | ' | ' |
Senior Secured Credit Facility, Revolver [Member] | Base Rate [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Basis spread on variable rate | 2.50% | ' | ' |
Senior Secured Credit Facility, Revolver [Member] | LIBOR Rate Plus [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Basis spread on variable rate | 1.00% | ' | ' |
Letter of Credit [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Outstanding letters of credit | 18,300,000 | ' | ' |
Remaining borrowing capacity | 105,700,000 | ' | ' |
Senior Secured Credit Facility [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Debt instrument, face amount | 419,900,000 | 419,900,000 | ' |
Maturity date | 30-Jan-19 | ' | ' |
Maximum borrowing capacity on credit facility | 422,000,000 | ' | ' |
Quarterly principal repayments percentage | 0.25% | ' | ' |
Frequency of periodic payment | 'Term debt due on the last business day of each March, June, September and December. | ' | ' |
Additional borrowing | 25,000,000 | ' | ' |
Change in interest rate | -1.00% | ' | ' |
Write-off of costs from extinguishment of debt | 3,100,000 | ' | ' |
Credit facility revolving commitments | 150,000,000 | ' | ' |
Term Loan Credit Facility [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Maximum borrowing capacity on credit facility | ' | ' | 422,000,000 |
Senior Notes [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Debt instrument, face amount | 250,000,000 | 250,000,000 | 250,000,000 |
Interest rate | ' | ' | 10.50% |
Maturity date | 31-Jan-20 | ' | ' |
Debt instrument financing fees | ' | 9,500,000 | ' |
Commencement of interest payments | 31-Jul-12 | ' | ' |
Uncommitted Incremental Facility [Member] | Senior Secured Credit Facility [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Line of credit facility additional borrowing capacity | $135,000,000 | ' | ' |
Effective interest rate | 5.00% | ' | ' |
Uncommitted Incremental Facility [Member] | Senior Secured Credit Facility [Member] | Federal Funds Rate [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Basis spread on variable rate | 0.50% | ' | ' |
Uncommitted Incremental Facility [Member] | Senior Secured Credit Facility [Member] | LIBOR [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Basis spread on variable rate | 1.00% | ' | ' |
Uncommitted Incremental Facility [Member] | Senior Secured Credit Facility [Member] | Base Rate [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Line of credit facility minimum interest rate | 2.25% | ' | ' |
Interest rate - Revolving credit commitments, minimum interest rate | 2.75% | ' | ' |
Uncommitted Incremental Facility [Member] | Senior Secured Credit Facility [Member] | LIBOR Rate Plus [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Basis spread on variable rate | 3.75% | ' | ' |
Line of credit facility minimum interest rate | 1.25% | ' | ' |
First Lien Net Leverage Ratio - April 1, 2012 through June 30, 2014 [Member] | Senior Secured Credit Facility [Member] | Maximum [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
First lien leverage ratio | 4.75 | ' | ' |
First Lien Net Leverage Ratio - July 1, 2014 to June 30, 2015 [Member] | Senior Secured Credit Facility [Member] | Maximum [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
First lien leverage ratio | 4.5 | ' | ' |
First Lien Net Leverage Ratio - Thereafter [Member] | Senior Secured Credit Facility [Member] | Maximum [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
First lien leverage ratio | 4.25 | ' | ' |
Interest Coverage Ratio - January 1, 2013 to December 31, 2014 [Member] | Senior Secured Credit Facility [Member] | Minimum [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Interest coverage ratio, maximum | 1.7 | ' | ' |
Interest Coverage Ratio - Thereafter [Member] | Senior Secured Credit Facility [Member] | Minimum [Member] | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' |
Interest coverage ratio, maximum | 1.85 | ' | ' |
Debt_Schedule_of_Contractual_P
Debt - Schedule of Contractual Payments Long-Term Debt (Detail) (USD $) | Dec. 28, 2013 | Jan. 31, 2012 | Dec. 28, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||
Long Term Debt Maturities Repayments Of Principal [Line Items] | ' | ' | ' | ' |
2014 | $4,220 | ' | $1,018 | ' |
2015 | 4,220 | ' | 1,018 | ' |
2016 | 5,275 | ' | 1,273 | ' |
2017 | 4,220 | ' | 1,018 | ' |
2018 | 3,165 | ' | 764 | ' |
Thereafter | 648,790 | ' | 150,517 | ' |
Total | 669,890 | ' | 155,608 | 156,400 |
Less: Original issue discount | -6,903 | -9,500 | ' | ' |
Total debt | $662,987 | ' | ' | ' |
Members_Interest_Additional_in
Member's Interest - Additional information (Detail) | 12 Months Ended | |
Dec. 28, 2013 | Dec. 31, 2012 | |
Directors | Directors | |
Limited Partners' Capital Account [Line Items] | ' | ' |
Number of directors | 6 | ' |
Continental Cement Company, L.L.C. [Member] | ' | ' |
Limited Partners' Capital Account [Line Items] | ' | ' |
Number of directors | 7 | ' |
Directors to be appointed | 4 | 4 |
Directors to be appointed by noncontrolling interest members | 3 | 3 |
Anticipated redemption date | '2016-05 | ' |
Class A Units [Member] | Continental Cement Company, L.L.C. [Member] | ' | ' |
Limited Partners' Capital Account [Line Items] | ' | ' |
Member's equity, issued | 100 | 100 |
Member's equity, outstanding | 100 | 100 |
Economic interest percentage of classes of capital units | 70.00% | ' |
Interest on capital contributions | 11.00% | ' |
Class B Units [Member] | Continental Cement Company, L.L.C. [Member] | ' | ' |
Limited Partners' Capital Account [Line Items] | ' | ' |
Member's equity, issued | 100,000,000 | 100,000,000 |
Member's equity, outstanding | 100,000,000 | 100,000,000 |
Economic interest percentage of classes of capital units | 30.00% | ' |
Income_Taxes_Components_of_Inc
Income Taxes - Components of Income Tax (Benefit) Expense (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Provision for income taxes: | ' | ' | ' |
Current | $1,761 | ($452) | $5,382 |
Deferred | -4,408 | -3,468 | -1,974 |
Income tax (benefit) expense | ($2,647) | ($3,920) | $3,408 |
Income_Taxes_Schedule_of_Incom
Income Taxes - Schedule of Income Tax Provision (Benefit) (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Income Tax Disclosure [Abstract] | ' | ' | ' |
Income tax benefit at federal statutory tax rate | ($37,160) | ($19,074) | ($6,895) |
Book loss not subject to income tax | 32,801 | 16,167 | 13,790 |
State and local income taxes | 130 | -90 | 666 |
Depletion expense | -411 | -377 | -372 |
Domestic production activities deduction | ' | ' | -273 |
Goodwill impairment | 1,046 | ' | ' |
Bargain purchase gain | ' | ' | -4,250 |
Effective rate change | ' | -532 | 627 |
Valuation allowance | 729 | 36 | -360 |
Other | 218 | -50 | 475 |
Income tax (benefit) expense | ($2,647) | ($3,920) | $3,408 |
Income_Taxes_Components_of_Net
Income Taxes - Components of Net Deferred Income Tax Liability (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 |
In Thousands, unless otherwise specified | ||
Deferred tax assets (liabilities): | ' | ' |
Mining reclamation reserve | $1,502 | $1,449 |
Accelerated depreciation | -33,146 | -34,733 |
Net operating loss | 2,227 | 2,134 |
Capital losses on securities | 997 | 989 |
Landfill closure reserve | -63 | -30 |
Working capital (e.g., accrued compensation, prepaid assets) | 2,399 | 3,101 |
Deferred tax liabilities, net | -26,084 | -27,090 |
Less valuation allowance on loss carryforwards | -1,826 | -1,025 |
Total | -27,910 | -28,115 |
Other current assets | 2,316 | 2,275 |
Other noncurrent liability | -30,226 | -30,390 |
Total | ($27,910) | ($28,115) |
Income_Taxes_Additional_Inform
Income Taxes - Additional Information (Detail) (USD $) | 12 Months Ended | ||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | |
Income Taxes [Line Items] | ' | ' | ' |
Capital loss, carried back | ' | ' | $800,000 |
Capital loss, tax benefit recovery | ' | ' | 300,000 |
Capital loss, not expected to be utilized prior to expiration | ' | ' | 1,000,000 |
Net operating loss carryforwards for federal income tax purposes | 5,200,000 | ' | ' |
Net operating loss carryforwards for state income tax purposes | 700,000 | ' | ' |
Income tax expense or benefit recognized in other comprehensive loss | 0 | 0 | 0 |
Uncertain tax positions | $0 | ' | ' |
Federal and State Jurisdiction [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Operating loss carryforwards, expiry year | '2033 | ' | ' |
Minimum [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Tax years open subject to audit | '2010 | ' | ' |
Maximum [Member] | ' | ' | ' |
Income Taxes [Line Items] | ' | ' | ' |
Tax years open subject to audit | '2013 | ' | ' |
Employee_Benefit_Plans_Additio
Employee Benefit Plans - Additional Information (Detail) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 28, 2013 | |
Pension_Plan | Level 3 [Member] | Level 3 [Member] | Equity Securities [Member] | Fixed Income Securities [Member] | Cash [Member] | Precious Metals [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | |||
Pension_Plan | Level 3 [Member] | Level 3 [Member] | Equity Securities [Member] | Fixed Income Securities [Member] | Cash [Member] | Precious Metals [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expense for defined contribution plans | $2,300,000 | $2,200,000 | $1,900,000 | ' | ' | ' | ' | ' | ' | $500,000 | $400,000 | $300,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of noncontributory defined benefit pension plans | 2 | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Effective date of plan amended to eliminate | 1-Jan-14 | ' | ' | ' | ' | ' | ' | ' | ' | 1-Jan-14 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Actuarial loss expected to be amortized from AOCI | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100,000 | 100,000 | 200,000 | 200,000 |
Assumed health care cost trend rates | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7.00% | 7.00% | 7.00% | 7.00% | 9.00% | 9.00% | 9.00% | 9.00% | ' | ' | ' | ' |
Target allocation | ' | ' | ' | ' | ' | 30.00% | 63.00% | 5.00% | 2.00% | ' | ' | ' | ' | ' | 30.00% | 63.00% | 5.00% | 2.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Defined benefit plan fair value of investments | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expected contribution to plans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,000,000 | $1,000,000 | $1,300,000 | $1,300,000 |
Employee_Benefit_Plans_Obligat
Employee Benefit Plans - Obligations and Funded Status (Detail) (USD $) | 12 Months Ended | |||||||||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||||||
Change in benefit obligations: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beginning of period | $28,674 | $26,514 | ' | $28,674 | $26,514 | ' | $15,810 | $14,467 | ' | $15,810 | $14,467 | ' |
Service cost | 295 | 276 | 275 | 295 | 276 | 275 | 236 | 207 | 227 | 236 | 207 | 227 |
Interest cost | 963 | 1,055 | 1,161 | 963 | 1,055 | 1,161 | 513 | 585 | 710 | 513 | 585 | 710 |
Actuarial (gain) loss | -2,674 | 2,347 | ' | -2,674 | 2,347 | ' | -1,048 | 1,597 | ' | -1,048 | 1,597 | ' |
Special termination benefits | ' | ' | ' | ' | ' | ' | 39 | ' | ' | 39 | ' | ' |
Benefits paid | -1,614 | -1,518 | ' | -1,614 | -1,518 | ' | -1,395 | -1,046 | ' | -1,395 | -1,046 | ' |
End of period | 25,644 | 28,674 | 26,514 | 25,644 | 28,674 | 26,514 | 14,155 | 15,810 | 14,467 | 14,155 | 15,810 | 14,467 |
Change in fair value of plan assets: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beginning of period | 17,863 | 16,639 | ' | 17,863 | 16,639 | ' | ' | ' | ' | ' | ' | ' |
Actual return on plan assets | 1,512 | 1,205 | ' | 1,512 | 1,205 | ' | ' | ' | ' | ' | ' | ' |
Employer contributions | 1,313 | 1,537 | ' | 1,313 | 1,537 | ' | 1,395 | 1,046 | ' | 1,395 | 1,046 | ' |
Benefits paid | -1,614 | -1,518 | ' | -1,614 | -1,518 | ' | -1,395 | -1,046 | ' | -1,395 | -1,046 | ' |
End of period | 19,074 | 17,863 | 16,639 | 19,074 | 17,863 | 16,639 | ' | ' | ' | ' | ' | ' |
Funded status of plans | -6,570 | -10,811 | ' | -6,570 | -10,811 | ' | -14,155 | -15,810 | ' | -14,155 | -15,810 | ' |
Current liabilities | ' | ' | ' | ' | ' | ' | -1,268 | -1,055 | ' | -1,268 | -1,055 | ' |
Noncurrent liabilities | -6,570 | -10,811 | ' | -6,570 | -10,811 | ' | -12,887 | -14,755 | ' | -12,887 | -14,755 | ' |
Liability recognized | -6,570 | -10,811 | ' | -6,570 | -10,811 | ' | -14,155 | -15,810 | ' | -14,155 | -15,810 | ' |
Amounts recognized in accumulated other comprehensive income: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net actuarial loss | 4,831 | 8,056 | ' | 4,831 | 8,056 | ' | 4,139 | 5,501 | ' | 4,139 | 5,501 | ' |
Prior service cost | ' | ' | ' | ' | ' | ' | -1,346 | -1,526 | ' | -1,346 | -1,526 | ' |
Total amount recognized | $4,831 | $8,056 | ' | $4,831 | $8,056 | ' | $2,793 | $3,975 | ' | $2,793 | $3,975 | ' |
Employee_Benefit_Plans_Amounts
Employee Benefit Plans - Amounts Recognized in Other Comprehensive (Gain) Loss (Detail) (USD $) | 12 Months Ended | |||||||||||||||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | ||||
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||||||||||||
Amounts recognized in other comprehensive (gain) loss: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net actuarial (gain) loss | ' | ' | ' | ' | ' | ' | ($2,838) | $2,444 | $4,066 | ($2,838) | $2,444 | $4,066 | ($1,048) | $1,597 | $3,390 | ($1,048) | $1,597 | $3,390 |
Prior service cost | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 180 | ' | -1,705 | 180 | ' | -1,705 |
Amortization of prior year service cost | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 180 | ' | ' | 180 | ' |
Amortization of (gain) loss | ' | ' | ' | ' | ' | ' | -387 | -261 | -5 | -387 | -261 | -5 | -314 | -312 | -71 | -314 | -312 | -71 |
Total amount recognized | ($4,407) | $3,648 | $5,675 | ($4,407) | $3,648 | $5,675 | ($3,225) | $2,183 | $4,061 | ($3,225) | $2,183 | $4,061 | ($1,182) | $1,465 | $1,614 | ($1,182) | $1,465 | $1,614 |
Employee_Benefit_Plans_Compone
Employee Benefit Plans - Components of Net Periodic Benefit Cost (Detail) (USD $) | 12 Months Ended | |||||||||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |
Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | |||||||
Components of net periodic benefit cost: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Service cost | $295 | $276 | $275 | $236 | $207 | $227 | $295 | $276 | $275 | $236 | $207 | $227 |
Interest cost | 963 | 1,055 | 1,161 | 513 | 585 | 710 | 963 | 1,055 | 1,161 | 513 | 585 | 710 |
Amortization of loss | 387 | 262 | 5 | 314 | 312 | 69 | 387 | 262 | 5 | 314 | 312 | 69 |
Expected return on plan assets | -1,348 | -1,301 | -1,400 | ' | -180 | ' | -1,348 | -1,301 | -1,400 | ' | -180 | ' |
Special termination benefits | ' | ' | ' | 39 | ' | ' | ' | ' | ' | 39 | ' | ' |
Amortization of prior service credit | ' | ' | ' | -180 | ' | ' | ' | ' | ' | -180 | ' | ' |
Net periodic benefit cost | $297 | $292 | $41 | $922 | $924 | $1,006 | $297 | $292 | $41 | $922 | $924 | $1,006 |
Employee_Benefit_Plans_Weighte
Employee Benefit Plans - Weighted-Average Assumptions Used to Determine Benefit Obligations (Detail) | 12 Months Ended | |||||||||||||||||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | |
Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||||
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Discount rate | ' | ' | ' | ' | ' | ' | 4.21% | 3.30% | 4.21% | 3.30% | 4.46% | 3.57% | 4.46% | 3.57% | 4.33% | 3.41% | 4.33% | 3.41% |
Expected long-term rate of return on plan assets | 7.50% | 7.50% | 8.50% | 7.50% | 7.50% | 8.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expected long-term rate of return on plan assets | ' | ' | ' | 7.50% | 7.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Employee_Benefit_Plans_Weighte1
Employee Benefit Plans - Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost (Detail) | 12 Months Ended | |||||||||||||||||||||||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Pension Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | Other Benefits [Member] | |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||||||
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||||||||||||||||||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Discount rate | ' | ' | ' | ' | ' | ' | 3.30% | 3.89% | 4.94% | 3.30% | 3.89% | 4.94% | 3.57% | 4.07% | 5.12% | 3.57% | 4.07% | 5.12% | 3.41% | 4.00% | 5.07% | 3.41% | 4.00% | 5.07% |
Expected long-term rate of return on plan assets | 7.50% | 7.50% | 8.50% | 7.50% | 7.50% | 8.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Employee_Benefit_Plans_Effects
Employee Benefit Plans - Effects of One Percentage-Point Change in Assumed Health Care Cost Trend Rates (Detail) (USD $) | 12 Months Ended | |||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' |
Total service cost and interest cost components, Increase | $66 | $73 | $66 | $73 |
Estimated APBO, Increase | 1,251 | 1,555 | 1,251 | 1,555 |
Total service cost and interest cost components, Decrease | -55 | -63 | -55 | -63 |
Estimated APBO, Decrease | ($1,073) | ($1,331) | ($1,073) | ($1,331) |
Employee_Benefit_Plans_Fair_Va
Employee Benefit Plans - Fair Value of Company's Pension Plans' Assets (Detail) (Pension Benefits [Member], USD $) | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 29, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | ||||
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | $19,074 | ' | $17,863 | $16,639 |
Fixed Income Securities [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 19,074 | ' | 17,863 | ' |
Fixed Income Securities [Member] | Intermediate - Government [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,647 | ' | 1,247 | ' |
Fixed Income Securities [Member] | Intermediate - Corporate [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 3,138 | ' | 4,402 | ' |
Fixed Income Securities [Member] | Short Term - Government [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 2,168 | ' | 2,038 | ' |
Fixed Income Securities [Member] | Short Term - Corporate [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 4,040 | ' | 3,123 | ' |
Equity Securities [Member] | U.S. Large Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,221 | ' | 1,063 | ' |
Equity Securities [Member] | U.S. Large Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,536 | ' | 1,037 | ' |
Equity Securities [Member] | U.S. Mid Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 600 | ' | 542 | ' |
Equity Securities [Member] | U.S. Mid Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 603 | ' | 536 | ' |
Equity Securities [Member] | U.S. Small Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 610 | ' | 546 | ' |
Equity Securities [Member] | U.S. Small Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 599 | ' | 539 | ' |
Equity Securities [Member] | International [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 889 | ' | 1,134 | ' |
Cash [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,665 | ' | 1,656 | ' |
Precious Metals [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 358 | ' | ' | ' |
Continental Cement Company, L.L.C. [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 19,074 | 17,863 | 17,863 | 16,639 |
Continental Cement Company, L.L.C. [Member] | Fixed Income Securities [Member] | Intermediate - Government [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,647 | 1,247 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Fixed Income Securities [Member] | Intermediate - Corporate [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 3,138 | 4,402 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Fixed Income Securities [Member] | Short Term - Government [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 2,168 | 2,038 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Fixed Income Securities [Member] | Short Term - Corporate [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 4,040 | 3,123 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Large Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,221 | 1,063 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Large Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,536 | 1,037 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Mid Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 600 | 542 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Mid Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 603 | 536 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Small Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 610 | 546 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Small Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 599 | 539 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | International [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 889 | 1,134 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Cash [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,665 | 1,656 | ' | ' |
Continental Cement Company, L.L.C. [Member] | Precious Metals [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 358 | ' | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income Securities [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 8,081 | ' | 7,053 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities [Member] | U.S. Large Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,221 | ' | 1,063 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities [Member] | U.S. Large Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,536 | ' | 1,037 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities [Member] | U.S. Mid Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 600 | ' | 542 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities [Member] | U.S. Mid Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 603 | ' | 536 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities [Member] | U.S. Small Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 610 | ' | 546 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities [Member] | U.S. Small Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 599 | ' | 539 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities [Member] | International [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 889 | ' | 1,134 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Cash [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,665 | ' | 1,656 | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Precious Metals [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 358 | ' | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 8,081 | 7,053 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Large Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,221 | 1,063 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Large Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,536 | 1,037 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Mid Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 600 | 542 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Mid Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 603 | 536 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Small Cap Value [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 610 | 546 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | U.S. Small Cap Growth [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 599 | 539 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Equity Securities [Member] | International [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 889 | 1,134 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Cash [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,665 | 1,656 | ' | ' |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Continental Cement Company, L.L.C. [Member] | Precious Metals [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 358 | ' | ' | ' |
Observable Inputs (Level 2) [Member] | Fixed Income Securities [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 10,993 | ' | 10,810 | ' |
Observable Inputs (Level 2) [Member] | Fixed Income Securities [Member] | Intermediate - Government [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,647 | ' | 1,247 | ' |
Observable Inputs (Level 2) [Member] | Fixed Income Securities [Member] | Intermediate - Corporate [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 3,138 | ' | 4,402 | ' |
Observable Inputs (Level 2) [Member] | Fixed Income Securities [Member] | Short Term - Government [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 2,168 | ' | 2,038 | ' |
Observable Inputs (Level 2) [Member] | Fixed Income Securities [Member] | Short Term - Corporate [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 4,040 | ' | 3,123 | ' |
Observable Inputs (Level 2) [Member] | Continental Cement Company, L.L.C. [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 10,993 | 10,810 | ' | ' |
Observable Inputs (Level 2) [Member] | Continental Cement Company, L.L.C. [Member] | Fixed Income Securities [Member] | Intermediate - Government [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 1,647 | 1,247 | ' | ' |
Observable Inputs (Level 2) [Member] | Continental Cement Company, L.L.C. [Member] | Fixed Income Securities [Member] | Intermediate - Corporate [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 3,138 | 4,402 | ' | ' |
Observable Inputs (Level 2) [Member] | Continental Cement Company, L.L.C. [Member] | Fixed Income Securities [Member] | Short Term - Government [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | 2,168 | 2,038 | ' | ' |
Observable Inputs (Level 2) [Member] | Continental Cement Company, L.L.C. [Member] | Fixed Income Securities [Member] | Short Term - Corporate [Member] | ' | ' | ' | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' | ' | ' | ' |
Total fair value | $4,040 | $3,123 | ' | ' |
Employee_Benefit_Plans_Estimat
Employee Benefit Plans - Estimated Benefit Payments (Detail) (USD $) | Dec. 28, 2013 |
In Thousands, unless otherwise specified | |
Pension Benefits [Member] | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' |
2014 | $1,694 |
2015 | 1,704 |
2016 | 1,739 |
2017 | 1,737 |
2018 | 1,774 |
2019 - 2023 | 8,667 |
Total | 17,315 |
Pension Benefits [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' |
2014 | 1,694 |
2015 | 1,704 |
2016 | 1,739 |
2017 | 1,737 |
2018 | 1,774 |
2019 - 2023 | 8,667 |
Total | 17,315 |
Other Benefits [Member] | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' |
2014 | 1,269 |
2015 | 1,109 |
2016 | 1,130 |
2017 | 963 |
2018 | 1,018 |
2019 - 2023 | 4,512 |
Total | 10,001 |
Other Benefits [Member] | Continental Cement Company, L.L.C. [Member] | ' |
Pension Plans, Postretirement and Other Employee Benefits [Line Items] | ' |
2014 | 1,269 |
2015 | 1,109 |
2016 | 1,130 |
2017 | 963 |
2018 | 1,018 |
2019 - 2023 | 4,512 |
Total | $10,001 |
Accrued_Mining_and_Landfill_Re2
Accrued Mining and Landfill Reclamation - Additional Information (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 |
In Millions, unless otherwise specified | ||
Asset Retirement Obligation Disclosure [Abstract] | ' | ' |
Current portion of liabilities | $0.50 | $0.40 |
Accrued_Mining_and_Landfill_Re3
Accrued Mining and Landfill Reclamation - Activity for Asset Retirement Obligations (Detail) (USD $) | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 |
Asset Retirement Obligation Disclosure [Abstract] | ' | ' |
Beginning balance | $14,844 | $13,328 |
Acquired obligations | 286 | 364 |
Change in cost estimate | 721 | 604 |
Settlement of reclamation obligations | -1,201 | -77 |
Additional liabilities incurred | 414 | ' |
Accretion expense | 717 | 625 |
Ending balance | $15,781 | $14,844 |
Commitments_and_Contingencies_
Commitments and Contingencies - Additional Information (Detail) (USD $) | 12 Months Ended | 12 Months Ended | |||||
In Millions, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Maximum [Member] | ||||
Loss from Catastrophes [Member] | Loss from Catastrophes [Member] | ||||||
Loss Contingencies [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Amount funded for loss incurred by joint venture | $8.80 | $4 | $4.80 | ' | ' | ' | ' |
Accrual recorded in other noncurrent liabilities | 4.3 | 4.3 | ' | ' | ' | ' | ' |
Recognized losses on indemnification agreement | ' | 8 | 1.9 | ' | ' | ' | ' |
Charges recognized for lost product | 0.8 | ' | ' | ' | ' | ' | ' |
Charges recognized for lost product included in accrued expenses | 0.9 | 0.9 | ' | ' | 0.9 | 0.9 | ' |
Unapproved change orders and claims | 3.2 | 4.8 | ' | ' | ' | ' | ' |
Costs and estimated earnings in excess of billings | 0.5 | 1.6 | ' | ' | ' | ' | ' |
Other assets | $2.70 | $3.20 | ' | ' | ' | ' | ' |
Duration of commitments | ' | ' | ' | ' | ' | ' | '1 year |
Terms of purchase commitments | ' | ' | ' | 'Less than one year | ' | ' | ' |
Percentage of company's employees under collective bargaining arrangements | ' | ' | ' | 62.00% | ' | ' | ' |
Collective bargaining agreements expire period | ' | ' | ' | 'Between 2013 and 2015 | ' | ' | ' |
Contract expiration date | ' | ' | ' | '2013 | ' | ' | ' |
Contract term extension | ' | ' | ' | '2018 | ' | ' | ' |
RelatedParty_Transactions_Addi
Related-Party Transactions - Additional Information (Detail) (USD $) | 12 Months Ended | ||||||||||||||||||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Blackstone Management Partners L.L.C. [Member] | Blackstone Management Partners L.L.C. [Member] | Blackstone Management Partners L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Noncontrolling [Member] | Noncontrolling [Member] | Noncontrolling [Member] | Summit Materials Llc [Member] | Summit Materials Llc [Member] | Summit Materials Llc [Member] | Green America Recycling Llc [Member] | ||||
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||||||||||||
Related Party Transaction [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Management fees incurred | ' | ' | ' | ' | ' | ' | $2,600,000 | $2,100,000 | $3,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Agreement date | ' | ' | ' | ' | ' | ' | 30-Jul-09 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Purchase of equipment | ' | ' | ' | ' | ' | ' | ' | ' | 2,300,000 | ' | ' | ' | ' | ' | 2,300,000 | ' | ' | ' | ' |
Purchase of equipment inclusive of interest | ' | ' | ' | ' | ' | ' | ' | ' | 100,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue from unconsolidated affiliates | 600,000 | 7,900,000 | 8,600,000 | 16,578,000 | 16,303,000 | 12,269,000 | ' | ' | ' | ' | ' | ' | 12,700,000 | 12,500,000 | 9,500,000 | 4,500,000 | 3,800,000 | 2,800,000 | 700,000 |
Costs incurred in connection with several transactions with unconsolidated affiliates | 200,000 | 200,000 | 700,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accounts receivable from affiliates | 400,000 | 1,900,000 | ' | 2,990,000 | 10,303,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accounts payable to affiliates | 0 | 200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Sales to related parties | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12,700,000 | 12,500,000 | 9,500,000 | ' | ' | ' | ' | ' | ' | ' |
Accounts receivables due from related parties | ' | ' | ' | 422,000 | 1,193,000 | ' | ' | ' | ' | 200,000 | 1,000,000 | ' | 200,000 | 1,000,000 | ' | 200,000 | 200,000 | ' | ' |
Accounts payable to noncontrolling member | 700,000 | 2,100,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accrued interest on related party settlement year | '2014 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accrued interest due to non-controlling interest | ' | ' | ' | $723,000 | $2,149,000 | ' | ' | ' | ' | ' | ' | ' | $700,000 | $2,100,000 | ' | ' | ' | ' | ' |
AcquisitionRelated_Liabilities2
Acquisition-Related Liabilities - Additional Information (Detail) | 12 Months Ended |
Dec. 28, 2013 | |
Minimum [Member] | ' |
Business Acquisition [Line Items] | ' |
Period identified for deferred consideration due | '5 years |
Maximum [Member] | ' |
Business Acquisition [Line Items] | ' |
Period identified for deferred consideration due | '20 years |
AcquisitionRelated_Liabilities3
Acquisition-Related Liabilities - Remaining Payments Due under Noncompete and Deferred Consideration Agreements (Detail) (USD $) | Dec. 28, 2013 |
In Thousands, unless otherwise specified | |
Business Combinations [Abstract] | ' |
2014 | $10,790 |
2015 | 6,742 |
2016 | 5,950 |
2017 | 5,910 |
2018 | 5,370 |
Thereafter | 9,963 |
Total scheduled payments | 44,725 |
Present value adjustments | -12,242 |
Total noncompete obligations and deferred consideration | $32,483 |
Supplemental_Cash_Flow_Informa2
Supplemental Cash Flow Information - Schedule of Supplemental Cash Flow Information (Detail) (USD $) | 12 Months Ended | 0 Months Ended | 12 Months Ended | ||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Jan. 30, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||
Cash payments: | ' | ' | ' | ' | ' | ' | ' |
Cash paid for interest | $52,001 | $36,357 | $41,790 | ' | $11,488 | $7,353 | $12,946 |
Income taxes | 457 | 799 | 5,608 | ' | ' | ' | ' |
Non cash financing activities: | ' | ' | ' | ' | ' | ' | ' |
Proceeds on borrowings due to Summit Materials | ' | ' | ' | 156,800 | ' | 156,842 | ' |
Repayment by Summit Materials of long-term debt and accrued interest | ' | ' | ' | ' | ' | ($156,842) | ' |
Leasing_Arrangements_Additiona
Leasing Arrangements - Additional Information (Detail) (USD $) | 12 Months Ended | |||||
In Millions, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||
Operating Leased Assets [Line Items] | ' | ' | ' | ' | ' | ' |
Rent expense, including short-term rentals | $4 | $3.50 | $4.30 | $0.40 | $0.50 | $0.40 |
Royalty expense recorded in cost of revenue | $4.50 | $3.90 | $3.10 | ' | ' | ' |
Leasing_Arrangements_Minimum_C
Leasing Arrangements - Minimum Contractual Commitments under Long-Term Operating Leases (Detail) (USD $) | Dec. 28, 2013 |
In Thousands, unless otherwise specified | |
Operating Leased Assets [Line Items] | ' |
2014, Operating Leases | $4,034 |
2015, Operating Leases | 3,890 |
2016, Operating Leases | 3,098 |
2017, Operating Leases | 2,376 |
2018, Operating Leases | 1,983 |
2014, Royalty Agreements | 2,044 |
2015, Royalty Agreements | 2,065 |
2016, Royalty Agreements | 1,974 |
2017, Royalty Agreements | 2,047 |
2018, Royalty Agreements | 1,434 |
Continental Cement Company, L.L.C. [Member] | ' |
Operating Leased Assets [Line Items] | ' |
2014, Operating Leases | 378 |
2015, Operating Leases | 341 |
2016, Operating Leases | 325 |
2017, Operating Leases | 291 |
2018, Operating Leases | $291 |
Redeemable_Noncontrolling_Inte1
Redeemable Noncontrolling Interest - Additional Information (Detail) | 12 Months Ended | 12 Months Ended | |||
Dec. 28, 2013 | Dec. 28, 2013 | 31-May-10 | Dec. 28, 2013 | 31-May-10 | |
Class A Units [Member] | Class B Units [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||
Class A Units [Member] | Class B Units [Member] | ||||
Redeemable Noncontrolling Interest [Line Items] | ' | ' | ' | ' | ' |
Number of class units issued | ' | ' | ' | 100 | 100,000,000 |
Economic interest of redeemable noncontrolling interest, approximately | 100.00% | 70.00% | ' | ' | ' |
Redeemable noncontrolling interest percentage, approximately | ' | ' | 30.00% | ' | ' |
Priority return percentage | ' | ' | ' | 11.00% | ' |
Allowable sharing percentage in distributions and liquidation proceeds | ' | ' | ' | 80.00% | ' |
Anticipated redemption date of the instrument | '2016-05 | ' | ' | ' | ' |
Employee_Long_Term_Incentive_P2
Employee Long Term Incentive Plan - Additional Information (Detail) (USD $) | 12 Months Ended | ||
Share data in Thousands, except Per Share data, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
The estimated fair value | $2,200,000 | ' | ' |
Dividend yield | 0.00% | ' | ' |
Share-based compensation expense | 2,300,000 | 2,500,000 | 2,500,000 |
Unrecognized compensation cost | 4,600,000 | ' | ' |
Weighted average remaining contractual term | '2 years 7 months 6 days | ' | ' |
Class D Units [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Cumulative amount of units vested | $2,531 | $1,732 | ' |
Dividend yield | ' | ' | ' |
Class D Units [Member] | Time-Vesting Interests [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Units vesting on first anniversary | 20.00% | ' | ' |
Units vesting monthly following the first anniversary | 80.00% | ' | ' |
Number of years required for remaining units to be vested under vesting condition | '4 years | ' | ' |
Period for non vested units for automatic forfeiture without consideration | '8 years | ' | ' |
Fair value of time-vesting units | 584 | 1,100 | 3,400 |
Weighted-average grant-date fair value | $2,786 | $3,761 | $3,876 |
Employee_Long_Term_Incentive_P3
Employee Long Term Incentive Plan - Summary of Information for Class D Unit Interests (Detail) (Class D Units [Member], USD $) | 12 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Time-Vesting Interests [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Number of units, Beginning balance | 1,692 | ' | ' |
Number of units, Granted | 584 | 1,100 | 3,400 |
Number of units, Vested | -772 | ' | ' |
Number of units, Forfeited | -2 | ' | ' |
Number of units, Cancelled | -61 | ' | ' |
Number of units, Ending balance | 1,441 | 1,692 | ' |
Weighted average grant-date fair value, Beginning balance | $3,864 | ' | ' |
Weighted average grant-date fair value, Granted | $2,786 | $3,761 | $3,876 |
Weighted average grant-date fair value, Vested | $3,896 | ' | ' |
Weighted average grant-date fair value, Forfeited | $3,893 | ' | ' |
Weighted average grant-date fair value, Cancelled | $2,208 | ' | ' |
Weighted average grant-date fair value, Ending balance | ' | $3,864 | ' |
Performance-Vesting Interests [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Number of units, Beginning balance | 4,202 | ' | ' |
Number of units, Granted | 759 | ' | ' |
Number of units, Forfeited | -5 | ' | ' |
Number of units, Cancelled | -79 | ' | ' |
Number of units, Ending balance | 4,877 | ' | ' |
Weighted average grant-date fair value, Beginning balance | $3,087 | ' | ' |
Weighted average grant-date fair value, Granted | $2,314 | ' | ' |
Weighted average grant-date fair value, Vested | $0 | ' | ' |
Weighted average grant-date fair value, Forfeited | $3,176 | ' | ' |
Weighted average grant-date fair value, Cancelled | $1,388 | ' | ' |
Weighted average grant-date fair value, Ending balance | ' | ' | ' |
Employee_Long_Term_Incentive_P4
Employee Long Term Incentive Plan - Weighted Average Assumptions Used to Estimate the Fair Value of Grants (Detail) | 12 Months Ended | ||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | |
Class D Units | ' | ' | ' |
Dividend yield | 0.00% | ' | ' |
Class D Units [Member] | ' | ' | ' |
Class D Units | ' | ' | ' |
Risk-free interest rate, Minimum | ' | ' | 1.71% |
Risk-free interest rate | 0.50% | 1.62% | ' |
Risk-free interest rate, Maximum | ' | ' | 2.39% |
Dividend yield | ' | ' | ' |
Volatility rate, Minimum | ' | ' | 42.00% |
Volatility | 58.00% | 47.00% | ' |
Volatility rate, Maximum | ' | ' | 49.00% |
Expected term | '4 years | ' | ' |
Class D Units [Member] | Minimum [Member] | ' | ' | ' |
Class D Units | ' | ' | ' |
Expected term | ' | '6 years | '6 years |
Class D Units [Member] | Maximum [Member] | ' | ' | ' |
Class D Units | ' | ' | ' |
Expected term | ' | '8 years | '8 years |
Segment_Information_Additional
Segment Information - Additional Information (Detail) | 12 Months Ended |
Dec. 28, 2013 | |
Segment | |
Segment Reporting [Abstract] | ' |
Number of operating segments | 3 |
Segment_Information_Summary_of
Segment Information - Summary of Financial Data for Company's Reportable Business Segments (Detail) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Sep. 28, 2013 | Jun. 29, 2013 | Mar. 30, 2013 | Dec. 29, 2012 | Sep. 29, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | $238,267 | $316,263 | $254,842 | $106,829 | $231,634 | $319,181 | $255,556 | $119,883 | $916,201 | $926,254 | $789,076 |
Total capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 65,999 | 45,488 | 38,656 |
Income (loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | -105,798 | -50,951 | -1,441 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | 56,443 | 58,079 | 47,784 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 72,934 | 68,290 | 61,377 |
Goodwill impairment | ' | ' | ' | ' | ' | ' | ' | ' | 68,202 | ' | ' |
Total assets | 1,247,794 | ' | ' | ' | 1,281,213 | ' | ' | ' | 1,247,794 | 1,281,213 | 1,284,265 |
Central Region [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Goodwill impairment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
West Region [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Goodwill impairment | ' | ' | ' | ' | ' | ' | ' | ' | 53,264 | ' | ' |
East Region [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Goodwill impairment | ' | ' | ' | ' | ' | ' | ' | ' | 14,938 | ' | ' |
Operating Segments [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 62,639 | 44,725 | 38,645 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 72,468 | 68,209 | 61,290 |
Total assets | 1,233,451 | ' | ' | ' | 1,262,721 | ' | ' | ' | 1,233,451 | 1,262,721 | 1,276,376 |
Operating Segments [Member] | Aggregates [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 159,019 | 146,991 | 116,082 |
Operating Segments [Member] | Asphalt [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 76,211 | 77,676 | 69,664 |
Operating Segments [Member] | Ready Mixed Concrete [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 112,878 | 100,941 | 94,302 |
Operating Segments [Member] | Cement [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 219,811 | 242,458 | 182,952 |
Operating Segments [Member] | Construction and Paving [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 478,280 | 505,189 | 464,866 |
Operating Segments [Member] | Central Region [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 329,621 | 302,113 | 264,008 |
Total capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 33,030 | 20,996 | 20,078 |
Income (loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | 72,918 | 65,767 | 65,651 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 33,808 | 30,215 | 27,646 |
Total assets | 657,421 | ' | ' | ' | 610,003 | ' | ' | ' | 657,421 | 610,003 | 587,341 |
Operating Segments [Member] | West Region [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 426,195 | 484,922 | 362,577 |
Total capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 21,856 | 14,993 | 9,256 |
Income (loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | 28,607 | 14,429 | 36,442 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 24,167 | 23,771 | 19,706 |
Total assets | 383,544 | ' | ' | ' | 428,115 | ' | ' | ' | 383,544 | 428,115 | 451,017 |
Operating Segments [Member] | East Region [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 160,385 | 139,219 | 162,491 |
Total capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 7,753 | 8,736 | 9,311 |
Income (loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | 15,134 | 10,782 | 15,504 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 14,493 | 14,223 | 13,938 |
Total assets | 192,486 | ' | ' | ' | 224,603 | ' | ' | ' | 192,486 | 224,603 | 238,018 |
Corporate and Other [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 3,360 | 763 | 11 |
Income (loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | -24,878 | -15,560 | -9,877 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 466 | 81 | 87 |
Total assets | 14,343 | ' | ' | ' | 18,492 | ' | ' | ' | 14,343 | 18,492 | 7,889 |
Operating Segment and Corporate and Other [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | 91,781 | 75,418 | 107,720 |
Segment Reconciling Items [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | 56,443 | 58,079 | 47,784 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 72,934 | 68,290 | 61,377 |
Goodwill impairment | ' | ' | ' | ' | ' | ' | ' | ' | 68,202 | ' | ' |
Other [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | ($129,998) | ($147,001) | ($138,790) |
Senior_Notes_Guarantor_and_Non2
Senior Notes' Guarantor and Non-Guarantor Financial Information - Additional Information (Detail) | Dec. 28, 2013 |
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] | ' |
Percentage of ownership | 100.00% |
Senior_Notes_Guarantor_and_Non3
Senior Notes' Guarantor and Non-Guarantor Financial Information - Schedule of Condensed Consolidating Balance Sheets (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | |||
Current assets: | ' | ' | ' |
Cash | $14,917 | $27,431 | ' |
Accounts receivable, net | 99,337 | 100,298 | ' |
Cost and estimated earnings in excess of billings | 10,767 | 11,575 | ' |
Inventories | 96,432 | 92,977 | ' |
Other current assets | 13,181 | 10,068 | ' |
Total current assets | 234,634 | 242,349 | ' |
Property, plant and equipment, net | 831,778 | 813,607 | ' |
Goodwill | 127,038 | 179,120 | 153,375 |
Intangible assets, net | 15,147 | 8,606 | ' |
Other assets | 39,197 | 37,531 | ' |
Total assets | 1,247,794 | 1,281,213 | 1,284,265 |
Current liabilities: | ' | ' | ' |
Current portion of debt | 30,220 | 4,000 | ' |
Current portion of acquisition-related liabilities | 10,635 | 9,525 | ' |
Accounts payable | 72,104 | 61,634 | ' |
Accrued expenses | 57,251 | 49,822 | ' |
Billings in excess of costs and estimated earnings | 9,263 | 6,926 | ' |
Total current liabilities | 179,473 | 131,907 | ' |
Long-term debt | 658,767 | 635,843 | ' |
Acquisition-related liabilities | 23,756 | 23,919 | ' |
Other noncurrent liabilities | 77,480 | 84,266 | ' |
Total liabilities | 939,476 | 875,935 | ' |
Redeemable noncontrolling interest | 24,767 | 22,850 | ' |
Total member's interest | 283,551 | 382,428 | ' |
Total liabilities, redeemable members' interest and member's interest | 1,247,794 | 1,281,213 | ' |
Summit Materials LLC (Parent) [Member] | ' | ' | ' |
Current assets: | ' | ' | ' |
Cash | 10,375 | 697 | ' |
Intercompany receivables | 38,134 | 14,931 | ' |
Other current assets | 750 | 25 | ' |
Total current assets | 49,259 | 15,653 | ' |
Property, plant and equipment, net | 3,969 | 1,074 | ' |
Other assets | 296,494 | 374,581 | ' |
Total assets | 349,722 | 391,308 | ' |
Current liabilities: | ' | ' | ' |
Current portion of debt | 26,010 | ' | ' |
Current portion of acquisition-related liabilities | 2,000 | ' | ' |
Accounts payable | 5,455 | 2,745 | ' |
Accrued expenses | 12,041 | 6,877 | ' |
Total current liabilities | 45,506 | 9,622 | ' |
Long-term debt | 19,587 | ' | ' |
Acquisition-related liabilities | 85 | ' | ' |
Other noncurrent liabilities | 959 | 395 | ' |
Total liabilities | 66,137 | 10,017 | ' |
Total member's interest | 283,585 | 381,291 | ' |
Total liabilities, redeemable members' interest and member's interest | 349,722 | 391,308 | ' |
Non-Wholly-Owned Guarantor [Member] | ' | ' | ' |
Current assets: | ' | ' | ' |
Cash | 9 | 397 | ' |
Accounts receivable, net | 4,587 | 7,421 | ' |
Intercompany receivables | 3,433 | 15,557 | ' |
Inventories | 10,402 | 7,073 | ' |
Other current assets | 444 | 726 | ' |
Total current assets | 18,875 | 31,174 | ' |
Property, plant and equipment, net | 301,908 | 287,677 | ' |
Goodwill | 23,124 | 23,124 | ' |
Intangible assets, net | 642 | 742 | ' |
Other assets | 17,973 | 11,891 | ' |
Total assets | 362,522 | 354,608 | ' |
Current liabilities: | ' | ' | ' |
Current portion of debt | 1,018 | 965 | ' |
Accounts payable | 9,387 | 6,715 | ' |
Accrued expenses | 9,185 | 10,742 | ' |
Total current liabilities | 19,590 | 18,422 | ' |
Long-term debt | 154,590 | 155,394 | ' |
Other noncurrent liabilities | 20,306 | 27,091 | ' |
Total liabilities | 194,486 | 200,907 | ' |
Redeemable members' interest | 23,450 | 22,850 | ' |
Total member's interest | 144,586 | 130,851 | ' |
Total liabilities, redeemable members' interest and member's interest | 362,522 | 354,608 | ' |
Wholly-Owned Guarantors [Member] | ' | ' | ' |
Current assets: | ' | ' | ' |
Cash | 3,442 | 30,981 | ' |
Accounts receivable, net | 93,102 | 90,765 | ' |
Intercompany receivables | 30,787 | 9,018 | ' |
Cost and estimated earnings in excess of billings | 10,539 | 11,428 | ' |
Inventories | 85,372 | 84,555 | ' |
Other current assets | 11,715 | 8,447 | ' |
Total current assets | 234,957 | 235,194 | ' |
Property, plant and equipment, net | 518,935 | 517,994 | ' |
Goodwill | 102,942 | 155,024 | ' |
Intangible assets, net | 14,505 | 7,864 | ' |
Other assets | 37,535 | 161,442 | ' |
Total assets | 908,874 | 1,077,518 | ' |
Current liabilities: | ' | ' | ' |
Current portion of debt | 3,192 | 3,035 | ' |
Current portion of acquisition-related liabilities | 8,635 | 9,525 | ' |
Accounts payable | 57,142 | 51,179 | ' |
Accrued expenses | 37,342 | 38,050 | ' |
Intercompany payables | 71,556 | 33,396 | ' |
Billings in excess of costs and estimated earnings | 8,837 | 6,656 | ' |
Total current liabilities | 186,704 | 141,841 | ' |
Long-term debt | 484,590 | 480,449 | ' |
Acquisition-related liabilities | 23,671 | 23,919 | ' |
Other noncurrent liabilities | 56,215 | 56,780 | ' |
Total liabilities | 751,180 | 702,989 | ' |
Total member's interest | 157,694 | 374,529 | ' |
Total liabilities, redeemable members' interest and member's interest | 908,874 | 1,077,518 | ' |
Non-Guarantors [Member] | ' | ' | ' |
Current assets: | ' | ' | ' |
Cash | 3,631 | 680 | ' |
Accounts receivable, net | 3,100 | 3,255 | ' |
Cost and estimated earnings in excess of billings | 228 | 147 | ' |
Inventories | 658 | 1,349 | ' |
Other current assets | 272 | 2,409 | ' |
Total current assets | 7,889 | 7,840 | ' |
Property, plant and equipment, net | 6,966 | 6,862 | ' |
Goodwill | 972 | 972 | ' |
Other assets | 1,303 | 1,315 | ' |
Total assets | 17,130 | 16,989 | ' |
Current liabilities: | ' | ' | ' |
Accounts payable | 1,572 | 2,138 | ' |
Accrued expenses | 1,223 | 1,015 | ' |
Intercompany payables | 798 | 6,110 | ' |
Billings in excess of costs and estimated earnings | 426 | 270 | ' |
Total current liabilities | 4,019 | 9,533 | ' |
Total liabilities | 4,019 | 9,533 | ' |
Total member's interest | 13,111 | 7,456 | ' |
Total liabilities, redeemable members' interest and member's interest | 17,130 | 16,989 | ' |
Eliminations [Member] | ' | ' | ' |
Current assets: | ' | ' | ' |
Cash | -2,540 | -5,324 | ' |
Accounts receivable, net | -1,452 | -1,143 | ' |
Intercompany receivables | -72,354 | -39,506 | ' |
Other current assets | ' | -1,539 | ' |
Total current assets | -76,346 | -47,512 | ' |
Other assets | -314,108 | -511,698 | ' |
Total assets | -390,454 | -559,210 | ' |
Current liabilities: | ' | ' | ' |
Accounts payable | -1,452 | -1,143 | ' |
Accrued expenses | -2,540 | -6,862 | ' |
Intercompany payables | -72,354 | -39,506 | ' |
Total current liabilities | -76,346 | -47,511 | ' |
Total liabilities | -76,346 | -47,511 | ' |
Redeemable noncontrolling interest | 24,767 | 22,850 | ' |
Redeemable members' interest | -23,450 | -22,850 | ' |
Total member's interest | -315,425 | -511,699 | ' |
Total liabilities, redeemable members' interest and member's interest | ($390,454) | ($559,210) | ' |
Senior_Notes_Guarantor_and_Non4
Senior Notes' Guarantor and Non-Guarantor Financial Information - Schedule of Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income (Detail) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Sep. 28, 2013 | Jun. 29, 2013 | Mar. 30, 2013 | Dec. 29, 2012 | Sep. 29, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | $238,267 | $316,263 | $254,842 | $106,829 | $231,634 | $319,181 | $255,556 | $119,883 | $916,201 | $926,254 | $789,076 |
Cost of revenue (excluding items shown separately below) | ' | ' | ' | ' | ' | ' | ' | ' | 677,052 | 713,346 | 597,654 |
General and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 142,000 | 127,215 | 95,826 |
Goodwill impairment | ' | ' | ' | ' | ' | ' | ' | ' | 68,202 | ' | ' |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 72,934 | 68,290 | 61,377 |
Transaction costs | ' | ' | ' | ' | ' | ' | ' | ' | 3,990 | 1,988 | 9,120 |
Operating (loss) income | -57,742 | 37,895 | 13,731 | -41,861 | 13,322 | 33,249 | 9,015 | -40,171 | -47,977 | 15,415 | 25,099 |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 1,378 | 8,287 | -21,244 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | 56,443 | 58,079 | 47,784 |
(Loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | -105,798 | -50,951 | -1,441 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | -2,647 | -3,920 | 3,408 |
(Loss) income from continuing operations | -70,191 | 22,950 | 244 | -56,154 | 433 | 19,656 | -5,621 | -61,499 | -103,151 | -47,031 | -4,849 |
Loss from discontinued operations | 271 | 160 | -26 | 123 | 535 | 1,287 | 2,221 | -497 | 528 | 3,546 | 5,201 |
Net (loss) income | -70,462 | 22,790 | 270 | -56,277 | -102 | 18,369 | -7,842 | -61,002 | -103,679 | -50,577 | -10,050 |
Net income (loss) attributable to noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | 3,112 | 1,919 | 695 |
Net (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | -106,791 | -52,496 | -10,745 |
Comprehensive (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | -103,706 | -55,049 | -15,050 |
Summit Materials LLC (Parent) [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
General and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 7,241 | 8 | 1,453 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 465 | 81 | 87 |
Operating (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -7,706 | -89 | -1,540 |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 99,085 | 52,400 | 8,510 |
(Loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | -106,791 | -52,489 | -10,050 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5 | ' |
(Loss) income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | -106,791 | -52,494 | -10,050 |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -106,791 | -52,494 | -10,050 |
Net income (loss) attributable to noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 695 |
Net (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | -106,791 | -52,494 | -10,745 |
Comprehensive (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | -106,791 | -52,494 | -9,375 |
Non-Wholly-Owned Guarantor [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 80,759 | 81,516 | 70,064 |
Cost of revenue (excluding items shown separately below) | ' | ' | ' | ' | ' | ' | ' | ' | 55,241 | 58,319 | 41,221 |
General and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 7,673 | 6,235 | 3,933 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 11,378 | 10,093 | 9,697 |
Operating (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | 6,467 | 6,869 | 15,213 |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | -3,737 | -2,065 | -61 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | 10,702 | 12,045 | 14,004 |
(Loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | -498 | -3,111 | 1,270 |
(Loss) income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | -498 | -3,111 | 1,270 |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -498 | -3,111 | 1,270 |
Net (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | -498 | -3,111 | 1,270 |
Comprehensive (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | 3,909 | -6,759 | -4,405 |
Wholly-Owned Guarantors [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 807,921 | 824,796 | 700,916 |
Cost of revenue (excluding items shown separately below) | ' | ' | ' | ' | ' | ' | ' | ' | 611,799 | 649,577 | 542,699 |
General and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 125,778 | 119,645 | 89,011 |
Goodwill impairment | ' | ' | ' | ' | ' | ' | ' | ' | 68,202 | ' | ' |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 60,078 | 57,080 | 50,640 |
Transaction costs | ' | ' | ' | ' | ' | ' | ' | ' | 3,990 | 1,988 | 9,120 |
Operating (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -61,926 | -3,494 | 9,446 |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | -3,410 | 6,630 | -24,375 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | 49,591 | 47,293 | 33,685 |
(Loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | -108,107 | -57,417 | 136 |
Income tax expense (benefit) | ' | ' | ' | ' | ' | ' | ' | ' | -2,647 | -3,925 | 3,408 |
(Loss) income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | -105,460 | -53,492 | -3,272 |
Loss from discontinued operations | ' | ' | ' | ' | ' | ' | ' | ' | 528 | 3,546 | 5,201 |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -105,988 | -57,038 | -8,473 |
Net income (loss) attributable to noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 695 |
Net (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | -105,988 | -57,038 | -9,168 |
Comprehensive (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | -105,988 | -57,038 | -13,473 |
Non-Guarantors [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | 41,910 | 33,074 | 21,566 |
Cost of revenue (excluding items shown separately below) | ' | ' | ' | ' | ' | ' | ' | ' | 24,401 | 18,582 | 17,204 |
General and administrative expenses | ' | ' | ' | ' | ' | ' | ' | ' | 1,308 | 1,327 | 1,429 |
Depreciation, depletion, amortization and accretion | ' | ' | ' | ' | ' | ' | ' | ' | 1,013 | 1,036 | 953 |
Operating (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | 15,188 | 12,129 | 1,980 |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 274 | -101 | 124 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | 382 | 633 | 647 |
(Loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | 14,532 | 11,597 | 1,209 |
(Loss) income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 14,532 | 11,597 | 1,209 |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | 14,532 | 11,597 | 1,209 |
Net (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | 14,532 | 11,597 | 1,209 |
Comprehensive (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | 14,532 | 11,597 | 1,209 |
Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenue | ' | ' | ' | ' | ' | ' | ' | ' | -14,389 | -13,132 | -3,470 |
Cost of revenue (excluding items shown separately below) | ' | ' | ' | ' | ' | ' | ' | ' | -14,389 | -13,132 | -3,470 |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | -90,834 | -48,577 | -5,442 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -4,232 | -1,892 | -552 |
(Loss) from continuing operations before taxes | ' | ' | ' | ' | ' | ' | ' | ' | 95,066 | 50,469 | 5,994 |
(Loss) income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 95,066 | 50,469 | 5,994 |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | 95,066 | 50,469 | 5,994 |
Net income (loss) attributable to noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | 3,112 | 1,919 | -695 |
Net (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | 91,954 | 48,550 | 6,689 |
Comprehensive (loss) income attributable to member of Summit Materials, LLC | ' | ' | ' | ' | ' | ' | ' | ' | $90,632 | $49,645 | $10,994 |
Senior_Notes_Guarantor_and_Non5
Senior Notes' Guarantor and Non-Guarantor Financial Information - Schedule of Condensed Consolidating Statements of Cash Flows (Detail) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used for) provided by operating activities | $66,412 | $62,279 | $23,253 |
Cash flow from investing activities: | ' | ' | ' |
Acquisitions, net of cash acquired | -61,601 | -48,757 | -161,073 |
Purchase of property, plant and equipment | -65,999 | -45,488 | -38,656 |
Proceeds from the sale of property, plant, and equipment | 16,085 | 8,836 | 7,157 |
Proceeds from the sale of investments | ' | ' | 241 |
Other | ' | 69 | 241 |
Net cash used for investing activities | -111,515 | -85,340 | -192,331 |
Cash flow from financing activities | ' | ' | ' |
Proceeds from investment by member | ' | ' | 103,630 |
Net proceeds from debt issuance | 230,817 | 713,361 | 96,748 |
Payments on long-term debt | -188,424 | -697,438 | -49,000 |
Payments on acquisition-related liabilities | -9,801 | -7,519 | -4,593 |
Other | -3 | -702 | -10 |
Net cash (used for) provided by financing activities | 32,589 | 7,702 | 146,775 |
Net decrease (increase) in cash | -12,514 | -15,359 | -22,303 |
Cash-beginning of period | 27,431 | 42,790 | 65,093 |
Cash-end of period | 14,917 | 27,431 | 42,790 |
Summit Materials LLC (Parent) [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used for) provided by operating activities | -232 | 4,845 | -824 |
Cash flow from investing activities: | ' | ' | ' |
Purchase of property, plant and equipment | -3,359 | -762 | -11 |
Cash contribution to affiliates | ' | ' | -135,530 |
Net cash used for investing activities | -3,359 | -762 | -135,541 |
Cash flow from financing activities | ' | ' | ' |
Proceeds from investment by member | ' | ' | 103,630 |
Net proceeds from debt issuance | 230,817 | 713,378 | ' |
Loans received from and payments made on loans from other Summit Companies | -29,121 | -25,371 | ' |
Payments on long-term debt | -188,424 | -697,438 | ' |
Other | -3 | -656 | ' |
Net cash (used for) provided by financing activities | 13,269 | -10,087 | 103,630 |
Net decrease (increase) in cash | 9,678 | -6,004 | -32,735 |
Cash-beginning of period | 697 | 6,701 | 39,436 |
Cash-end of period | 10,375 | 697 | 6,701 |
Non-Wholly-Owned Guarantor [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used for) provided by operating activities | 9,003 | 12,806 | 3,808 |
Cash flow from investing activities: | ' | ' | ' |
Purchase of property, plant and equipment | -24,896 | -12,174 | -5,933 |
Proceeds from the sale of property, plant, and equipment | 3 | 69 | 168 |
Net cash used for investing activities | -24,893 | -12,105 | -5,765 |
Cash flow from financing activities | ' | ' | ' |
Net proceeds from debt issuance | ' | -17 | 36,456 |
Loans received from and payments made on loans from other Summit Companies | 15,502 | -295 | ' |
Payments on long-term debt | ' | ' | -34,500 |
Net cash (used for) provided by financing activities | 15,502 | -312 | 1,956 |
Net decrease (increase) in cash | -388 | 389 | -1 |
Cash-beginning of period | 397 | 8 | 9 |
Cash-end of period | 9 | 397 | 8 |
Wholly-Owned Guarantors [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used for) provided by operating activities | 44,746 | 36,649 | 17,262 |
Cash flow from investing activities: | ' | ' | ' |
Acquisitions, net of cash acquired | -61,601 | -48,757 | -161,073 |
Purchase of property, plant and equipment | -36,629 | -31,818 | -31,210 |
Proceeds from the sale of property, plant, and equipment | 16,020 | 8,577 | 6,880 |
Proceeds from the sale of investments | ' | ' | 377 |
Other | ' | 69 | ' |
Net cash used for investing activities | -82,210 | -71,929 | -185,026 |
Cash flow from financing activities | ' | ' | ' |
Proceeds from investment by member | ' | ' | 135,530 |
Net proceeds from debt issuance | ' | ' | 60,292 |
Loans received from and payments made on loans from other Summit Companies | 19,726 | 39,783 | ' |
Payments on long-term debt | ' | ' | -14,500 |
Payments on acquisition-related liabilities | -9,801 | -7,519 | -4,593 |
Net cash (used for) provided by financing activities | 9,925 | 32,264 | 176,729 |
Net decrease (increase) in cash | -27,539 | -3,016 | 8,965 |
Cash-beginning of period | 30,981 | 33,997 | 25,032 |
Cash-end of period | 3,442 | 30,981 | 33,997 |
Non-Guarantors [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used for) provided by operating activities | 12,895 | 8,217 | 2,586 |
Cash flow from investing activities: | ' | ' | ' |
Purchase of property, plant and equipment | -1,115 | -734 | -1,502 |
Proceeds from the sale of property, plant, and equipment | 62 | 190 | 109 |
Proceeds from the sale of investments | ' | ' | -136 |
Net cash used for investing activities | -1,053 | -544 | -1,529 |
Cash flow from financing activities | ' | ' | ' |
Proceeds from investment by member | ' | ' | 421 |
Loans received from and payments made on loans from other Summit Companies | -8,891 | -8,793 | ' |
Other | ' | -284 | -10 |
Net cash (used for) provided by financing activities | -8,891 | -9,077 | 411 |
Net decrease (increase) in cash | 2,951 | -1,404 | 1,468 |
Cash-beginning of period | 680 | 2,084 | 616 |
Cash-end of period | 3,631 | 680 | 2,084 |
Eliminations [Member] | ' | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Net cash (used for) provided by operating activities | ' | -238 | 421 |
Cash flow from investing activities: | ' | ' | ' |
Cash contribution to affiliates | ' | ' | 135,530 |
Net cash used for investing activities | ' | ' | 135,530 |
Cash flow from financing activities | ' | ' | ' |
Proceeds from investment by member | ' | ' | -135,951 |
Loans received from and payments made on loans from other Summit Companies | 2,784 | -5,324 | ' |
Other | ' | 238 | ' |
Net cash (used for) provided by financing activities | 2,784 | -5,086 | -135,951 |
Net decrease (increase) in cash | 2,784 | -5,324 | ' |
Cash-beginning of period | -5,324 | ' | ' |
Cash-end of period | ($2,540) | ($5,324) | ' |
Supplementary_Data_Unaudited_S
Supplementary Data (Unaudited) - Supplemental Financial Information (Detail) (USD $) | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | ||||||||||||||||||
In Thousands, unless otherwise specified | Dec. 28, 2013 | Sep. 28, 2013 | Jun. 29, 2013 | Mar. 30, 2013 | Dec. 29, 2012 | Sep. 29, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Sep. 28, 2013 | Jun. 29, 2013 | Mar. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||||||||||||
Schedule Of Condensed Statements Of Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | $238,267 | $316,263 | $254,842 | $106,829 | $231,634 | $319,181 | $255,556 | $119,883 | $916,201 | $926,254 | $789,076 | $22,509 | $34,155 | $27,224 | $12,361 | $25,304 | $30,430 | $26,141 | $13,007 | $96,249 | $94,882 | $79,488 |
Operating (loss) income | -57,742 | 37,895 | 13,731 | -41,861 | 13,322 | 33,249 | 9,015 | -40,171 | -47,977 | 15,415 | 25,099 | 9,259 | 10,965 | 9,053 | -8,449 | 7,625 | 7,124 | 9,097 | -4,468 | 20,828 | 19,378 | 17,022 |
(Loss) income from continuing operations | -70,191 | 22,950 | 244 | -56,154 | 433 | 19,656 | -5,621 | -61,499 | -103,151 | -47,031 | -4,849 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss (income) from discontinued operations | 271 | 160 | -26 | 123 | 535 | 1,287 | 2,221 | -497 | 528 | 3,546 | 5,201 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net (loss) income | ($70,462) | $22,790 | $270 | ($56,277) | ($102) | $18,369 | ($7,842) | ($61,002) | ($103,679) | ($50,577) | ($10,050) | $6,668 | $8,157 | $6,272 | ($11,232) | $4,694 | $3,977 | $5,999 | ($8,045) | $9,865 | $6,625 | $2,462 |
Subsequent_Events_Additional_I
Subsequent Events - Additional Information (Detail) (USD $) | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 29, 2012 | Jan. 31, 2012 | Dec. 28, 2013 | Jan. 30, 2012 | Jan. 17, 2014 | Jan. 17, 2014 | Jan. 17, 2014 |
Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Senior Notes [Member] | Senior Notes [Member] | Senior Notes [Member] | Senior Notes [Member] | Senior Notes [Member] | Subsequent Event [Member] | Subsequent Event [Member] | Subsequent Event [Member] | ||
Ten Point Five Zero Percent Senior Notes Due Two Thousand Twenty [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Senior Notes [Member] | ||||||||
Ten Point Five Zero Percent Senior Notes Due Two Thousand Twenty [Member] | ||||||||||||
Subsequent Event [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate principal amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $260,000,000 |
Debt instrument, face amount | ' | ' | ' | ' | 250,000,000 | 250,000,000 | 250,000,000 | ' | 250,000,000 | ' | 510,000,000 | 250,000,000 |
Interest rate | ' | ' | ' | ' | ' | ' | 10.50% | ' | 10.50% | ' | 10.50% | 10.50% |
Maturity date | ' | ' | ' | 31-Jan-20 | 31-Jan-20 | ' | ' | 31-Jan-20 | ' | ' | ' | 31-Jan-20 |
Senior Secured Credit Agreement was amended | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16-Jan-14 |
Acquisition completed Date | ' | ' | ' | ' | ' | ' | ' | ' | ' | 17-Jan-14 | ' | ' |
Acquisition amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | 179,250,000 | ' | ' |
Additional acquisition amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30,750,000 | ' | ' |
Aggregate principal amount pursuant to an indenture governing, issued | 669,890,000 | 155,608,000 | 156,400,000 | ' | ' | ' | ' | ' | ' | ' | 250,000,000 | ' |
Increase in principal amount of notes issued | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $260,000,000 | ' |
Accrued_Expenses_Components_of
Accrued Expenses - Components of Accrued Expenses and Other Liabilities (Detail) (USD $) | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | ||
Accrued Expenses And Other Liabilities [Line Items] | ' | ' | ' | ' |
Accrued interest due to Summit Materials | ' | ' | $3,848 | $4,283 |
Accrued interest due to non-controlling interest | ' | ' | 723 | 2,149 |
Accrued post-retirement benefits other than pensions, current portion | ' | ' | 1,268 | 1,055 |
Accrued professional fees | ' | ' | 340 | 400 |
Accrued payroll, insurance and benefits | ' | ' | 758 | 897 |
Accrued bonus liability | ' | ' | 884 | 1,153 |
Accrued costs to remove barge from waterway | ' | ' | 880 | 850 |
Other | ' | ' | 1,296 | 736 |
Total | $57,251 | $49,822 | $9,997 | $11,523 |
LongTerm_Debt_Additional_Infor
Long-Term Debt - Additional Information (Detail) (USD $) | 12 Months Ended | 0 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||
Dec. 28, 2013 | Dec. 29, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Dec. 29, 2012 | Jan. 31, 2012 | Jan. 30, 2012 | Dec. 28, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 28, 2013 | Jan. 30, 2012 | Dec. 28, 2013 | Jan. 31, 2012 | Dec. 28, 2013 | Dec. 28, 2013 | Dec. 29, 2012 | Dec. 28, 2013 | |
Senior Notes [Member] | Senior Notes [Member] | Senior Notes [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | Senior Secured Credit Facility, Revolver [Member] | Senior Secured Credit Facility, Revolver [Member] | Senior Secured Credit Facility, Revolver [Member] | Senior Secured Credit Facility [Member] | Senior Secured Credit Facility [Member] | Senior Secured Credit Facility [Member] | ||||
Senior Notes [Member] | Senior Notes [Member] | Continental Cement Company, L.L.C. [Member] | Continental Cement Company, L.L.C. [Member] | |||||||||||||||
Long Term Debt Maturities Repayments Of Principal [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt due to Summit Materials | $669,890,000 | ' | ' | ' | ' | ' | ' | $155,608,000 | $156,400,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest costs incurred | 56,443,000 | 58,079,000 | 47,784,000 | ' | ' | ' | ' | 11,053,000 | 12,622,000 | 14,621,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate - revolving credit commitments | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.70% | ' | ' | ' |
Refinance of Summit Materials consolidated outstanding indebtedness | ' | ' | ' | ' | ' | ' | 142,700,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long term debt due to Summit Materials | ' | ' | ' | ' | ' | ' | 156,800,000 | ' | 156,842,000 | ' | 60,300,000 | ' | ' | ' | ' | ' | ' | 95,300,000 |
Charge on earnings related to financing fees on debt repaid | 3,256,000 | 3,266,000 | 2,335,000 | ' | ' | ' | ' | 300,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maturity date | ' | ' | ' | 31-Jan-20 | ' | ' | ' | ' | ' | ' | 31-Jan-20 | ' | ' | ' | ' | 30-Jan-19 | ' | 30-Jan-19 |
Maturity date of debt instrument | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30-Jan-17 | ' | 30-Jan-17 | ' | ' | ' |
Debt instrument, face amount | ' | ' | ' | 250,000,000 | 250,000,000 | 250,000,000 | ' | ' | ' | ' | ' | 250,000,000 | ' | 150,000,000 | 150,000,000 | 419,900,000 | 419,900,000 | ' |
Maximum borrowing capacity on credit facility | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $422,000,000 | ' | $422,000,000 |
Interest rate | ' | ' | ' | ' | ' | 10.50% | ' | ' | ' | ' | ' | 10.50% | ' | ' | ' | ' | ' | ' |