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Other Accrued Liabilities and Other Long-Term Liabilities | 4 Months Ended
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Apr. 22, 2023
Other Liabilities Disclosure [Abstract] |
Other Accrued Liabilities and Other Long-Term Liabilities | 11. OTHER ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES Other accrued liabilities consist of (amounts in thousands):
|  | April 22, 2023 |  |  | December 31, 2022 |
Employee compensation |  | $ | 27,596 |  |  | $ | 26,762 |
Employee vacation |  |  | 19,043 |  |  |  | 16,058 |
VSIP |  |  | 3,418 |  |  |  | — |
Employee bonus |  |  | 6,974 |  |  |  | 29,526 |
Fair value of derivative instruments |  |  | 3,159 |  |  |  | 1,149 |
Self-insurance reserves |  |  | 30,594 |  |  |  | 30,599 |
Bank overdraft |  |  | 13,699 |  |  |  | 17,960 |
Accrued interest |  |  | 2,443 |  |  |  | 7,127 |
Accrued utilities |  |  | 5,635 |  |  |  | 6,861 |
Accrued taxes |  |  | 9,672 |  |  |  | 11,970 |
Accrued advertising |  |  | 4,562 |  |  |  | 4,813 |
Accrued legal settlements |  |  | — |  |  |  | 5,500 |
Accrued legal costs |  |  | 4,064 |  |  |  | 3,021 |
Accrued short-term deferred income |  |  | 3,763 |  |  |  | 3,893 |
Collateral due to counterparties for derivative positions |  |  | 2,961 |  |  |  | 3,085 |
Acquisition consideration adjustment |  |  | 753 |  |  |  | 753 |
Net working capital purchase price adjustment payable |  |  | 3,075 |  |  |  | — |
Multi-employer pension plan withdrawal liability |  |  | 1,297 |  |  |  | 1,297 |
Repurchase obligations of distribution rights |  |  | — |  |  |  | 432 |
Other |  |  | 5,419 |  |  |  | 4,470 |
Total |  | $ | 148,127 |  |  | $ | 175,276 |
The acquisition consideration adjustment is in connection with an acquisition completed in Fiscal 2012, the company agreed to make the sellers whole for certain taxes incurred by the sellers on the sale. In Fiscal 2021, there was a tax determination that the sellers owed additional taxes of $3.4 million, and the company recorded this cost in the selling, distribution and administrative expenses line item of the Condensed Consolidated Statements of Income during the second quarter of Fiscal 2021. During Fiscal 2022, the company reached an agreement to settle this issue and made a partial payment in Fiscal 2022 and anticipates making the final payment in Fiscal 2023. The net working capital purchase price adjustment payable is part of the Papa Pita acquisition which was completed on February 17, 2023. See Note 4, Acquisition, for details about the acquisition. Other long-term liabilities consist of (amounts in thousands):
|  | April 22, 2023 |  |  | December 31, 2022 |
Deferred income |  | $ | 9,878 |  |  | $ | 11,235 |
Deferred compensation |  |  | 25,385 |  |  |  | 23,675 |
Other deferred credits |  |  | 279 |  |  |  | 382 |
Other |  |  | 601 |  |  |  | 406 |
Total |  | $ | 36,143 |  |  | $ | 35,698 |

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- Definition The entire disclosure for other liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20,24) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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