Supplementary Balance Sheet Information

12 Months Ended

Sep. 25, 2021

Supplementary Balance Sheet Information [Abstract]

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:



	2021		2020
Property, payroll, and other taxes payable	$	22,621,486	$	22,334,471
Salaries, wages, and bonuses payable		45,890,517		44,975,510
Self-insurance liabilities:
Employee group insurance		5,183,395		5,686,642
Workers’ compensation insurance		4,711,432		4,945,081
General liability insurance		3,424,729		3,432,487
Interest		4,481,104		6,686,195
Other		4,115,904		3,951,960
Total accrued expenses and current portion of other long-term liabilities	$	90,428,567	$	92,012,346

Employee insurance expense, including workers’ compensation and medical care benefits, net of employee contributions, totaled $35.5 million, $38.5 million and $37.3 million for fiscal years 2021, 2020 and 2019, respectively.

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



	2021		2020
Advance payments on purchases contracts	$	2,264,784	$	2,826,171
Nonqualified investment plan liability		22,736,980		18,049,600
Self-insurance liabilities:
Workers’ compensation insurance		14,501,624		16,003,064
General liability insurance		4,286,347		4,033,962
Interest rate swap liability		4,531,140		13,562,296
Other		3,211,513		2,570,453
Other long-term liabilities		51,532,388		57,045,546
Less current portion		1,113,441		1,385,603
Total other long-term liabilities	$	50,418,947	$	55,659,943

The Company’s fuel operations contain underground tanks for the storage of gasoline and diesel fuel. The Company reviewed FASB Topic ASC 410 and determined that we have a legal obligation to remove tanks at a point in the future and accordingly determined we have met the requirements for an asset retirement obligation. The Company followed the FASB ASC 410 model for determining the asset retirement cost and asset retirement obligation. The amounts recorded are immaterial for each fuel center as well as in the aggregate at September 25, 2021 and September 26, 2020.

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.