Supplementary Balance Sheet Information

12 Months Ended

Sep. 24, 2022

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:



	2022		2021
Property, payroll, and other taxes payable	$	23,306,546	$	22,621,486
Salaries, wages, and bonuses payable		49,619,593		45,890,517
Self-insurance liabilities:
Employee group insurance		4,969,709		5,183,395
Workers’ compensation insurance		4,607,267		4,711,432
General liability insurance		3,543,885		3,424,729
Interest		4,590,254		4,481,104
Other		4,332,648		4,115,904
Total accrued expenses and current portion of other long-term liabilities	$	94,969,902	$	90,428,567

Employee insurance expense, including workers’ compensation and medical care benefits, net of employee contributions, totaled $37.0 million, $35.5 million and $38.5 million for fiscal years 2022, 2021 and 2020, respectively.

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



	2022		2021
Advance payments on purchases contracts	$	1,994,459	$	2,264,784
Nonqualified investment plan liability		18,445,157		22,736,980
Self-insurance liabilities:
Workers’ compensation insurance		13,287,189		14,501,624
General liability insurance		4,552,162		4,286,347
Interest rate swap liability		—		4,531,140
Other		3,942,604		3,211,513
Other long-term liabilities		42,221,571		51,532,388
Less current portion		742,351		1,113,441
Total other long-term liabilities	$	41,479,220	$	50,418,947

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 24, 2022 and September 25, 2021.

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.