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Supplementary Balance Sheet Information
12 Months Ended
Sep. 24, 2016
Supplementary Balance Sheet Information [Abstract]  
Supplementary Balance Sheet Information

6. Supplementary Balance Sheet Information

 

Accrued Expenses and Current Portion of Other Long-Term Liabilities - Accrued expenses and current portion of other long-term liabilities are summarized as follows:

 





 

 

 

 

 

 



 

 

 

 

 

 



 

2016

 

2015

Property, payroll, and other taxes payable

 

$

18,883,819 

 

$

17,882,565 

Salaries, wages, and bonuses payable

 

 

28,159,164 

 

 

26,336,530 

Self-insurance liabilities:

 

 

 

 

 

 

     Employee group insurance

 

 

5,807,558 

 

 

5,166,501 

     Workers’ compensation insurance

 

 

5,929,533 

 

 

6,752,941 

     General liability insurance

 

 

2,345,956 

 

 

2,805,351 

Interest

 

 

12,406,614 

 

 

12,623,691 

Other

 

 

2,782,962 

 

 

2,984,655 

Total

 

$

76,315,606 

 

$

74,552,234 

 

Employee insurance expense, including workers’ compensation and medical care benefits, net of employee contributions, totaled $34.5 million, $33.6 million and $27.4 million for fiscal years 2016, 2015 and 2014, respectively.



 

Other Long-Term Liabilities - Other long-term liabilities are summarized as follows:

 





 

 

 

 

 

 



 

 

 

 

 

 



 

2016

 

2015

Advance payments on purchases contracts

 

$

1,624,792 

 

$

1,704,061 

Deferred lease expense

 

 

1,884,501 

 

 

1,906,317 

Nonqualified investment plan liability

 

 

10,692,707 

 

 

8,866,880 

Self-insurance liabilities:

 

 

 

 

 

 

     Workers’ compensation insurance

 

 

18,101,931 

 

 

17,819,587 

     General liability insurance

 

 

3,700,263 

 

 

3,732,115 

Other

 

 

1,655,285 

 

 

1,484,815 

Total other long-term liabilities

 

 

37,659,479 

 

 

35,513,775 

Less current portion

 

 

883,892 

 

 

952,661 



 

$

36,775,587 

 

$

34,561,114 

 

Advance Payments on Purchases Contracts - The Company has entered into agreements with suppliers whereby payment is received in advance and earned based on purchases of product from these suppliers in the future. The unearned portion, included in other long-term liabilities, will be recognized in the results of operations in accordance with the terms of the contract.