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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 29, 2020

Summary of Significant Accounting Policies

Schedule of estimated useful lives of property and equipment

​

​	​	​	​
Land improvements		10 - 25 years
Buildings and leasehold improvements		10 - 25 years	​
Furniture, fixtures and equipment		3 - 10 years	​

Schedule of type of individual claims against which there is no insurance purchase

​

​	​	​	​	​	​
Employment practices liability/Class Action		$500,000	/	$2,500,000
Workers' compensation	​	$350,000			​
General liability	​	$1,000,000			​
Property	​	$250,000			​
Employee healthcare	​	$350,000			​

X

- Definition

Tabular disclosure of the useful life and of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.

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- Definition

Tabular disclosure of insurance coverage used by the entity to manage the financial risk of malpractice claims (including general and professional liability). Disclosure may include a discussion of the entity's risk management policies, a description of the insurance arrangements (including type, coverage, coverage limits, and deductible), description of the insurer, and whether the entity is self insured or retains significant self-insurance risk.

+ References

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