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Supplementary Balance Sheet Information
12 Months Ended
Sep. 29, 2018
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:

 





 

 

 

 

 

 



 

2018

 

2017

Property, payroll, and other taxes payable

 

$

22,327,253 

 

$

21,261,924 

Salaries, wages, and bonuses payable

 

 

29,583,266 

 

 

28,369,250 

Self-insurance liabilities:

 

 

 

 

 

 

     Employee group insurance

 

 

5,257,120 

 

 

4,893,855 

     Workers’ compensation insurance

 

 

5,079,514 

 

 

5,387,235 

     General liability insurance

 

 

3,239,695 

 

 

3,045,020 

Interest

 

 

13,397,615 

 

 

13,175,382 

Other

 

 

3,240,303 

 

 

6,319,191 

Total accrued expenses and current portion of other long-term liabilities

 

$

82,124,766 

 

$

82,451,857 

 

Employee insurance expense, including workers’ compensation and medical care benefits, net of employee contributions, totaled $37.7 million, $33.1 million and $34.5 million for fiscal years 2018, 2017 and 2016, respectively.

 

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





 

 

 

 

 

 



 

2018

 

2017

Advance payments on purchases contracts

 

$

3,115,106 

 

$

3,185,034 

Deferred lease expense

 

 

1,941,708 

 

 

1,913,811 

Nonqualified investment plan liability

 

 

15,033,318 

 

 

13,303,318 

Self-insurance liabilities:

 

 

 

 

 

 

     Workers’ compensation insurance

 

 

16,333,768 

 

 

17,147,541 

     General liability insurance

 

 

4,776,234 

 

 

4,663,347 

Other

 

 

2,124,800 

 

 

1,867,015 

Other long-term liabilities

 

 

43,324,934 

 

 

42,080,066 

Less current portion

 

 

1,166,773 

 

 

967,518 

Total other long-term liabilities

 

$

42,158,161 

 

$

41,112,548 

 

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.