XML 34 R23.htm IDEA: XBRL DOCUMENT v3.24.3
Other Income, Net
9 Months Ended
Oct. 26, 2024
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, Net
The components of other income, net, were as follows (dollars in thousands):
For the Three Months EndedFor the Nine Months Ended
October 26, 2024October 28, 2023October 26, 2024October 28, 2023
Gain on sale of fixed assets$8,202 $8,357 $28,765 $23,730 
Miscellaneous expense, net(1,276)(1,451)(6,170)(6,102)
Other income, net$6,926 $6,906 $22,595 $17,628 

We participate in a vendor payment program sponsored by one of our customers. Eligible accounts receivable from this customer are included in the program and payment is received pursuant to a non-recourse sale to a bank partner. This program effectively reduces the time to collect these receivables as compared to that customer’s standard payment terms. We incur a discount fee to the bank on the payments received that is included as an expense component in miscellaneous expense, net, in the table above.