$BGS
B&G Foods, Inc.

2024 Q3 Form 10-Q Financial Statement

#000155837024011087 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q3
Revenue $461.1M $444.6M $469.6M
YoY Change -1.82% -13.13% -1.95%
Cost Of Revenue $358.7M $352.6M $367.4M
YoY Change -2.35% -11.32% -8.72%
Gross Profit $102.3M $92.04M $102.3M
YoY Change 0.07% -19.43% 33.7%
Gross Profit Margin 22.2% 20.7% 21.78%
Selling, General & Admin $45.99M $43.13M $47.87M
YoY Change -3.94% -7.71% 8.32%
% of Gross Profit 44.93% 46.86% 46.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.16M $17.34M $17.29M
YoY Change -0.75% -3.75% -15.57%
% of Gross Profit 16.76% 18.84% 16.9%
Operating Expenses $45.99M $43.13M $47.87M
YoY Change -3.94% -7.71% 8.32%
Operating Profit $51.25M $43.80M $49.19M
YoY Change 4.18% -29.56% 82.6%
Interest Expense -$42.17M -$37.81M -$35.81M
YoY Change 17.74% -4.13% 19.62%
% of Operating Profit -82.28% -86.32% -72.8%
Other Income/Expense, Net $1.046M $1.046M $936.0K
YoY Change 11.75% 13.57% -49.35%
Pretax Income $10.13M $7.036M $14.32M
YoY Change -29.26% -70.27% -1342.62%
Income Tax $2.663M $3.098M $3.762M
% Of Pretax Income 26.3% 44.03% 26.28%
Net Earnings $7.464M $3.938M $10.55M
YoY Change -29.27% 15.31% 4022.27%
Net Earnings / Revenue 1.62% 0.89% 2.25%
Basic Earnings Per Share $0.09 $0.05 $0.15
Diluted Earnings Per Share $0.09 $0.05 $0.15
COMMON SHARES
Basic Shares Outstanding 79.16M 79.05M 72.24M
Diluted Shares Outstanding 79.40M 79.39M 72.38M

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $54.69M $40.32M $42.77M
YoY Change 27.87% 12.33% -0.59%
Cash & Equivalents $54.69M $40.32M $42.77M
Short-Term Investments
Other Short-Term Assets $41.92M $42.80M $41.45M
YoY Change 1.12% 32.01% -1.92%
Inventory $618.1M $559.6M $674.7M
Prepaid Expenses
Receivables $160.0M $142.3M $142.8M
Other Receivables $7.818M $11.60M $12.81M
Total Short-Term Assets $882.5M $796.6M $914.6M
YoY Change -3.5% -14.97% -0.24%
LONG-TERM ASSETS
Property, Plant & Equipment $278.3M $287.4M $308.4M
YoY Change -9.76% -7.82% -8.33%
Goodwill $548.7M $548.6M $619.4M
YoY Change -11.42% -11.41% -4.58%
Intangibles $1.612B $1.617B $1.778B
YoY Change -9.33% -9.31% -7.42%
Long-Term Investments
YoY Change
Other Assets $25.01M $24.77M $20.82M
YoY Change 20.15% 19.13% 190.28%
Total Long-Term Assets $2.536B $2.555B $2.804B
YoY Change -9.57% -9.26% -6.53%
TOTAL ASSETS
Total Short-Term Assets $882.5M $796.6M $914.6M
Total Long-Term Assets $2.536B $2.555B $2.804B
Total Assets $3.418B $3.352B $3.719B
YoY Change -8.08% -10.68% -5.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $175.7M $126.2M $136.3M
YoY Change 28.93% -3.89% -16.95%
Accrued Expenses $60.55M $64.17M $61.46M
YoY Change -1.49% -5.36% -6.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $265.4M $265.4M $1.057M
YoY Change 25008.04% 25151.38% 2.22%
Total Short-Term Liabilities $537.6M $490.0M $231.2M
YoY Change 132.56% 112.4% -17.45%
LONG-TERM LIABILITIES
Long-Term Debt $1.814B $1.779B $2.246B
YoY Change -19.22% -22.02% -2.03%
Other Long-Term Liabilities $22.43M $21.92M $21.64M
YoY Change 3.63% 3.85% -30.14%
Total Long-Term Liabilities $1.836B $1.801B $2.267B
YoY Change -19.0% -21.79% -2.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $537.6M $490.0M $231.2M
Total Long-Term Liabilities $1.836B $1.801B $2.267B
Total Liabilities $2.663B $2.587B $2.852B
YoY Change -6.63% -10.52% -4.18%
SHAREHOLDERS EQUITY
Retained Earnings $756.3M $748.8M $865.3M
YoY Change -12.6% -13.46% -6.86%
Common Stock $9.160M $22.08M $723.0K
YoY Change 1166.94% 2958.17% -97.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $755.3M $765.0M $866.4M
YoY Change
Total Liabilities & Shareholders Equity $3.418B $3.352B $3.719B
YoY Change -8.08% -10.68% -5.06%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q3
OPERATING ACTIVITIES
Net Income $7.464M $3.938M $10.55M
YoY Change -29.27% 15.31% 4022.27%
Depreciation, Depletion And Amortization $17.16M $17.34M $17.29M
YoY Change -0.75% -3.75% -15.57%
Cash From Operating Activities $4.156M $11.29M $62.85M
YoY Change -93.39% -83.76% -1631.43%
INVESTING ACTIVITIES
Capital Expenditures $4.835M $6.111M $6.696M
YoY Change -27.79% 56.33% -210.29%
Acquisitions
YoY Change
Other Investing Activities $83.00K
YoY Change -100.31%
Cash From Investing Activities -$4.835M -$6.111M -$6.613M
YoY Change -26.89% -112.86% -80.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 15.08M -7.044M -49.58M
YoY Change -130.41% -94.43% -226.43%
NET CHANGE
Cash From Operating Activities 4.156M 11.29M 62.85M
Cash From Investing Activities -4.835M -6.111M -6.613M
Cash From Financing Activities 15.08M -7.044M -49.58M
Net Change In Cash 14.40M -1.867M 6.654M
YoY Change 116.43% -80.44% 255.26%
FREE CASH FLOW
Cash From Operating Activities $4.156M $11.29M $62.85M
Capital Expenditures $4.835M $6.111M $6.696M
Free Cash Flow -$679.0K $5.177M $56.15M
YoY Change -101.21% -92.11% 2754.8%

Facts In Submission

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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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CY2024Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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CY2024Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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CY2024Q2 us-gaap Stockholders Equity
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OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2023Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4579000
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
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CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2023Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
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StockholdersEquity
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ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
OperatingLeaseCost
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AmortizationOfFinancingCostsAndDiscounts
3208000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4684000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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bgs Gain Loss On Sale Of Asset Excluding Property Plant Equipment
GainLossOnSaleOfAssetExcludingPropertyPlantEquipment
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bgs Gain Loss On Sale Of Asset Excluding Property Plant Equipment
GainLossOnSaleOfAssetExcludingPropertyPlantEquipment
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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2646000
us-gaap Increase Decrease In Other Noncurrent Assets
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us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
4472000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
6639000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-16046000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1080000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1005000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
46410000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
132377000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13747000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10605000
bgs Proceeds From Sales Of Product Line Net Of Post Closing Inventory Adjustment
ProceedsFromSalesOfProductLineNetOfPostClosingInventoryAdjustment
422000
bgs Proceeds From Sales Of Product Line Net Of Post Closing Inventory Adjustment
ProceedsFromSalesOfProductLineNetOfPostClosingInventoryAdjustment
-51497000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
40892000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
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us-gaap Repayments Of Senior Debt
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us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
121000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
127000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41094000
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45442000
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40323000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42772000
us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9991000
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15041000
CY2023Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
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us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1798000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1525000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6750000
us-gaap Nature Of Operations
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<table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:6pt;margin-top:0pt;"><b style="font-weight:bold;">(1)</b></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:6pt;margin-top:0pt;"><b style="font-weight:bold;">Nature of Operations</b></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 6pt 0pt;">B&amp;G Foods, Inc. is a holding company whose principal assets are the shares of capital stock of its subsidiaries. Unless the context requires otherwise, references in this report to “B&amp;G Foods,” “our company,” “we,” “us” and “our” refer to B&amp;G Foods, Inc. and its subsidiaries. Our financial statements are presented on a consolidated basis.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 6pt 0pt;">We manufacture, sell and distribute a diverse portfolio of high-quality shelf-stable and frozen foods across the United States, Canada and Puerto Rico. Our products include frozen and canned vegetables, vegetable, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, crackers, baking powder, baking soda, corn starch, nut clusters and other specialty products. Our products are marketed under many recognized brands, including <i style="font-style:italic;">Ac’cent</i>, <i style="font-style:italic;">B&amp;G</i>, <i style="font-style:italic;">B&amp;M</i>, <i style="font-style:italic;">Baker’s Joy</i>, <i style="font-style:italic;">Bear Creek Country Kitchens</i>, <i style="font-style:italic;">Brer Rabbit</i>, <i style="font-style:italic;">Canoleo</i>, <i style="font-style:italic;">Cary’s</i>, <i style="font-style:italic;">Clabber Girl</i>, <i style="font-style:italic;">Cream of Rice</i>, <i style="font-style:italic;">Cream of Wheat</i>, <i style="font-style:italic;">Crisco</i>, <i style="font-style:italic;">Dash, Davis</i>, <i style="font-style:italic;">Devonsheer</i>, <i style="font-style:italic;">Don Pepino</i>, <i style="font-style:italic;">Durkee</i>, <i style="font-style:italic;">Grandma’s Molasses</i>, <i style="font-style:italic;">Green Giant</i>, <i style="font-style:italic;">Joan of Arc</i>, <i style="font-style:italic;">Las Palmas</i>, <i style="font-style:italic;">Le Sueur</i>, <i style="font-style:italic;">MacDonald’s</i>, <i style="font-style:italic;">Mama Mary’s</i>, <i style="font-style:italic;">Maple Grove Farms</i>, <i style="font-style:italic;">McCann’s</i>, <i style="font-style:italic;">Molly McButter</i>, <i style="font-style:italic;">New York Flatbreads</i>, <i style="font-style:italic;">New York Style</i>, <i style="font-style:italic;">Old London</i>, <i style="font-style:italic;">Ortega</i>, <i style="font-style:italic;">Polaner</i>, <i style="font-style:italic;">Red Devil</i>, <i style="font-style:italic;">Regina</i>, <i style="font-style:italic;">Rumford</i>, <i style="font-style:italic;">Sa-són</i>, <i style="font-style:italic;">Sclafani</i>, <i style="font-style:italic;">Spice Islands</i>, <i style="font-style:italic;">Spring Tree</i>, <i style="font-style:italic;">Sugar Twin</i>, <i style="font-style:italic;">Tone’s</i>, <i style="font-style:italic;">Trappey’s</i>, <i style="font-style:italic;">TrueNorth</i>, <i style="font-style:italic;">Underwood</i>, <i style="font-style:italic;">Vermont Maid</i>, <i style="font-style:italic;">Victoria</i>, <i style="font-style:italic;">Weber</i> and <i style="font-style:italic;">Wright’s</i>. We also sell and distribute <i style="font-style:italic;">Static Guard</i>, a household product brand. We compete in the retail grocery, foodservice, specialty, private label, club and mass merchandiser channels of distribution. We sell and distribute our products directly and via a network of independent brokers and distributors to supermarket chains, foodservice outlets, mass merchants, warehouse clubs, non-food outlets and specialty distributors.</p>
us-gaap Fiscal Period
FiscalPeriod
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10.5pt;text-indent:36pt;margin:0pt 0pt 6pt 0pt;"><span style="font-style:italic;font-weight:bold;">Fiscal Year</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10.5pt;line-height:10.5pt;text-indent:36pt;margin:0pt 0pt 6pt 0pt;"><span style="font-size:10pt;">Typically, our fiscal quarters and fiscal year consist of </span><span style="font-size:10pt;">13</span><span style="font-size:10pt;"> and </span><span style="font-size:10pt;">52</span><span style="font-size:10pt;"> weeks, respectively, ending on the Saturday closest to December 31 in the case of our fiscal year and fourth fiscal quarter, and on the Saturday closest to the end of the corresponding calendar quarter in the case of our fiscal quarters. As a result, a 53</span><sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">rd </sup><span style="font-size:10pt;">week is added to our fiscal year every </span><span style="-sec-ix-hidden:Hidden_V83XhhAJ6ESakb1VBmlNQQ;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">five</span></span><span style="font-size:10pt;"> or </span><span style="font-size:10pt;">six years</span><span style="font-size:10pt;">. Generally, in a </span><span style="font-size:10pt;">53</span><span style="font-size:10pt;">-week fiscal year our fourth fiscal quarter contains </span><span style="font-size:10pt;">14</span><span style="font-size:10pt;"> weeks. Our fiscal year ending December 28, 2024 (fiscal 2024) and our fiscal year ended December 30, 2023 (fiscal 2023) each contains </span><span style="font-size:10pt;">52</span><span style="font-size:10pt;"> weeks. Each quarter of fiscal 2024 and 2023 contains </span><span style="font-size:10pt;">13</span><span style="font-size:10pt;"> weeks. </span></p>
bgs Number Of Weeks In Fiscal Quarter
NumberOfWeeksInFiscalQuarter
P91D
us-gaap Fiscal Period Duration
FiscalPeriodDuration
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CY2022 bgs Number Of Weeks In Fourth Fiscal Quarter
NumberOfWeeksInFourthFiscalQuarter
P371D
CY2022 bgs Number Of Weeks In Fiscal Quarter
NumberOfWeeksInFiscalQuarter
P98D
us-gaap Fiscal Period Duration
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P364D
bgs Number Of Weeks In Fiscal Quarter
NumberOfWeeksInFiscalQuarter
P91D
us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman','Times','serif';font-size:10.5pt;line-height:10.5pt;text-indent:36pt;margin:0pt 0pt 6pt 0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10.5pt;text-indent:36pt;margin:0pt 0pt 6pt 0pt;">The preparation of financial statements in accordance with GAAP requires our management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Some of the more significant estimates and assumptions made by management involve revenue recognition as it relates to trade and consumer promotion expenses; pension benefits; acquisition accounting fair value allocations; the recoverability of goodwill, other intangible assets, property, plant and equipment and deferred tax assets; and the determination of the useful life of customer relationship and finite-lived trademark intangible assets. Actual results could differ significantly from these estimates and assumptions.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10.5pt;text-indent:36pt;margin:0pt 0pt 6pt 0pt;">Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors that management believes to be reasonable under the circumstances, including the current economic environment. We adjust such estimates and assumptions when facts and circumstances dictate. Volatility in the credit and equity markets can increase the uncertainty inherent in such estimates and assumptions. </p>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
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CY2023Q1 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
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CY2024Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
369110000
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
348200000
CY2024Q2 us-gaap Inventory Net
InventoryNet
559594000
CY2023Q4 us-gaap Inventory Net
InventoryNet
568980000
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
392953000
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
214051000
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
178902000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
393035000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
203842000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
189193000
CY2024Q2 us-gaap Goodwill
Goodwill
548589000
CY2023Q4 us-gaap Goodwill
Goodwill
619399000
CY2024Q2 bgs Indefinite Lived Intangible Assets Net Including Goodwill
IndefiniteLivedIntangibleAssetsNetIncludingGoodwill
1986734000
CY2023Q4 bgs Indefinite Lived Intangible Assets Net Including Goodwill
IndefiniteLivedIntangibleAssetsNetIncludingGoodwill
2058042000
CY2024Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2165636000
CY2023Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2247235000
CY2023Q4 us-gaap Goodwill
Goodwill
619399000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-230000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
70580000
CY2024Q2 us-gaap Goodwill
Goodwill
548589000
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10200000
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5200000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10500000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
10200000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20400000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
19700000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
14800000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
12900000
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
12700000
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
70600000
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
14527000
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
15319000
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
3064000
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
3610000
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
2044426000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2045088000
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
265392000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
22000000
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1779034000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2023088000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
455392000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
507310000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
550000000
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
549315000
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2062017000
CY2024Q2 us-gaap Interest Payable Current
InterestPayableCurrent
25900000
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
24500000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
CY2024Q2 bgs Number Of Company Sponsored Defined Benefit Pension Plans
NumberOfCompanySponsoredDefinedBenefitPensionPlans
4
bgs Percentage Of Employees Covered By Defined Benefit Pension Plans
PercentageOfEmployeesCoveredByDefinedBenefitPensionPlans
0.21
bgs Number Of Defined Benefit Pension Plans Sponsored By Company For Union Employees
NumberOfDefinedBenefitPensionPlansSponsoredByCompanyForUnionEmployees
3
bgs Number Of Defined Benefit Pension Plans Sponsored By Company For Salaried And Certain Hourly Employees
NumberOfDefinedBenefitPensionPlansSponsoredByCompanyForSalariedAndCertainHourlyEmployees
1
CY2024Q2 bgs Number Of Company Sponsored Defined Benefit Pension Plans
NumberOfCompanySponsoredDefinedBenefitPensionPlans
4
CY2024Q2 bgs Number Of Company Sponsored Defined Benefit Pension Plans
NumberOfCompanySponsoredDefinedBenefitPensionPlans
4
CY2024Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1267000
CY2023Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1305000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2555000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2593000
CY2024Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1899000
CY2023Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1858000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3798000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3718000
CY2024Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2931000
CY2023Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2782000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5861000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5563000
CY2024Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
14000
CY2023Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
11000
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
25000
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
11000
CY2024Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
221000
CY2023Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
370000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
467000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
737000
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
CY2024Q2 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
2500000
bgs Defined Benefit Plan Expected Withdrawal Liability Payout Period
DefinedBenefitPlanExpectedWithdrawalLiabilityPayoutPeriod
P20Y
bgs Defined Benefit Plan Withdrawal Liability Annual Installments
DefinedBenefitPlanWithdrawalLiabilityAnnualInstallments
900000
CY2024Q2 bgs Defined Benefit Plan Expected Withdrawal Liability Amount
DefinedBenefitPlanExpectedWithdrawalLiabilityAmount
12600000
us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
us-gaap Lessee Operating Lease Existence Of Option To Terminate
LesseeOperatingLeaseExistenceOfOptionToTerminate
true
bgs Lessee Operating Lease Terminate Term
LesseeOperatingLeaseTerminateTerm
P1Y
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
64140000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
70046000
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1303000
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1832000
CY2024Q2 bgs Right Of Use Asset
RightOfUseAsset
65443000
CY2023Q4 bgs Right Of Use Asset
RightOfUseAsset
71878000
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
17841000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
16939000
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
46517000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
53724000
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
64358000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
70663000
CY2024Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1082000
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1070000
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
183000
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
726000
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
1265000
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1796000
CY2024Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
5033000
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
4488000
us-gaap Operating Lease Payments
OperatingLeasePayments
9901000
us-gaap Operating Lease Payments
OperatingLeasePayments
9082000
CY2024Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
274000
CY2023Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
274000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
549000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
549000
CY2024Q2 bgs Operating Lease Cost Cost Of Goods Sold
OperatingLeaseCostCostOfGoodsSold
2799000
CY2023Q3 bgs Operating Lease Cost Cost Of Goods Sold
OperatingLeaseCostCostOfGoodsSold
2728000
bgs Operating Lease Cost Cost Of Goods Sold
OperatingLeaseCostCostOfGoodsSold
6061000
bgs Operating Lease Cost Cost Of Goods Sold
OperatingLeaseCostCostOfGoodsSold
5464000
CY2024Q2 bgs Operating Lease Cost Selling General And Administrative Expenses
OperatingLeaseCostSellingGeneralAndAdministrativeExpenses
1709000
CY2023Q3 bgs Operating Lease Cost Selling General And Administrative Expenses
OperatingLeaseCostSellingGeneralAndAdministrativeExpenses
1727000
bgs Operating Lease Cost Selling General And Administrative Expenses
OperatingLeaseCostSellingGeneralAndAdministrativeExpenses
3419000
bgs Operating Lease Cost Selling General And Administrative Expenses
OperatingLeaseCostSellingGeneralAndAdministrativeExpenses
3441000
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
4508000
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
4455000
us-gaap Operating Lease Cost
OperatingLeaseCost
9480000
us-gaap Operating Lease Cost
OperatingLeaseCost
8905000
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
265000
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
266000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
529000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
530000
CY2024Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8000
CY2023Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
14000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
18000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
30000
CY2024Q2 bgs Finance Lease Cost
FinanceLeaseCost
273000
CY2023Q3 bgs Finance Lease Cost
FinanceLeaseCost
280000
bgs Finance Lease Cost
FinanceLeaseCost
547000
bgs Finance Lease Cost
FinanceLeaseCost
560000
CY2024Q2 us-gaap Lease Cost
LeaseCost
4781000
CY2023Q3 us-gaap Lease Cost
LeaseCost
4735000
us-gaap Lease Cost
LeaseCost
10027000
us-gaap Lease Cost
LeaseCost
9465000
CY2024Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
4800000
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
4500000
us-gaap Operating Lease Expense
OperatingLeaseExpense
10200000
us-gaap Operating Lease Cost
OperatingLeaseCost
9500000
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
5100000
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
4500000
us-gaap Operating Lease Expense
OperatingLeaseExpense
10100000
us-gaap Operating Lease Cost
OperatingLeaseCost
8900000
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M24D
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y2M12D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y8M12D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0378
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0377
CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0230
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0230
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9872000
CY2024Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
549000
CY2024Q2 bgs Operating And Finance Lease Liability To Be Paid Remainder Of Fiscal Year
OperatingAndFinanceLeaseLiabilityToBePaidRemainderOfFiscalYear
10421000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
19610000
CY2024Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
732000
CY2024Q2 bgs Operating Lease And Finance Lease Liability To Be Paid Year One
OperatingLeaseAndFinanceLeaseLiabilityToBePaidYearOne
20342000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14144000
CY2024Q2 bgs Operating Lease And Finance Lease Liability To Be Paid Year Two
OperatingLeaseAndFinanceLeaseLiabilityToBePaidYearTwo
14144000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9563000
CY2024Q2 bgs Operating Lease And Finance Lease Liability To Be Paid Year Three
OperatingLeaseAndFinanceLeaseLiabilityToBePaidYearThree
9563000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7989000
CY2024Q2 bgs Operating Lease And Finance Lease Liability To Be Paid Year Four
OperatingLeaseAndFinanceLeaseLiabilityToBePaidYearFour
7989000
CY2024Q2 bgs Lessee Operating Lease Liability Payments Due Year Four Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueYearFourThereafter
8816000
CY2024Q2 bgs Operating Lease And Finance Lease Liability To Be Paid After Year Four
OperatingLeaseAndFinanceLeaseLiabilityToBePaidAfterYearFour
8816000
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
69994000
CY2024Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1281000
CY2024Q2 bgs Operating Lease And Finance Lease Liability To Be Paid
OperatingLeaseAndFinanceLeaseLiabilityToBePaid
71275000
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5636000
CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
16000
CY2024Q2 bgs Operating And Finance Lease Liability Undiscounted Excess Amount
OperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
5652000
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
64358000
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
1265000
CY2024Q2 bgs Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
65623000
CY2024Q2 bgs Number Of Employee
NumberOfEmployee
2924
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1745750
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1695755
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1695755
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79082857
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72237482
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78865241
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72008119
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
306287
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
142332
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
79063
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79389144
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72379814
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78865241
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72087182
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2612000
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2374000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4395000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3301000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
bgs Number Of Business Units
NumberOfBusinessUnits
4
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
444590000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
469637000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
919813000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
981451000
CY2024Q2 bgs Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
63920000
CY2023Q3 bgs Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
68451000
bgs Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
138965000
bgs Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
150816000
CY2024Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17343000
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17286000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
34552000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
35304000
CY2024Q2 bgs Acquisition Or Divestiture Related Non Recurring Expenses
AcquisitionOrDivestitureRelatedNonRecurringExpenses
1733000
CY2023Q3 bgs Acquisition Or Divestiture Related Non Recurring Expenses
AcquisitionOrDivestitureRelatedNonRecurringExpenses
1036000
bgs Acquisition Or Divestiture Related Non Recurring Expenses
AcquisitionOrDivestitureRelatedNonRecurringExpenses
3370000
bgs Acquisition Or Divestiture Related Non Recurring Expenses
AcquisitionOrDivestitureRelatedNonRecurringExpenses
2196000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
70580000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-135000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-85000
CY2024Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-37808000
CY2023Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-35814000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-75633000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-75249000
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3098000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3762000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9004000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24014000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
3938000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
10553000
us-gaap Net Income Loss
NetIncomeLoss
-36301000
us-gaap Net Income Loss
NetIncomeLoss
13968000
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

Files In Submission

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0001558370-24-011087-index-headers.html Edgar Link pending
0001558370-24-011087-index.html Edgar Link pending
0001558370-24-011087.txt Edgar Link pending
0001558370-24-011087-xbrl.zip Edgar Link pending
bgs-20240629.xsd Edgar Link pending
bgs-20240629x10q.htm Edgar Link pending
bgs-20240629xex31d1.htm Edgar Link pending
bgs-20240629xex31d2.htm Edgar Link pending
bgs-20240629xex32d1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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bgs-20240629_def.xml Edgar Link unprocessable
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bgs-20240629x10q_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
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report.css Edgar Link pending
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bgs-20240629_cal.xml Edgar Link unprocessable