Supplementary Balance Sheet Information

12 Months Ended

Sep. 28, 2024

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:



	2024		2023
Property, payroll, and other taxes payable	$	22,592,669	$	25,203,091
Salaries, wages, and bonuses payable		48,869,003		50,836,143
Self-insurance liabilities:
Employee group insurance		5,849,118		4,536,309
Workers’ compensation insurance		4,937,591		4,711,748
General liability insurance		5,690,735		4,726,301
Interest		4,984,248		5,111,666
Other		6,177,911		5,610,526
Total accrued expenses and current portion of other long-term liabilities	$	99,101,275	$	100,735,784

Employee insurance expense, including workers’ compensation and medical care benefits, net of employee contributions, totaled $44.3 million, $35.2 million and $37.0 million for fiscal years 2024, 2023 and 2022, respectively.

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



	2024		2023
Advance payments on purchases contracts	$	3,063,450	$	2,992,494
Nonqualified investment plan liability		28,916,206		21,768,079
Self-insurance liabilities:
Workers’ compensation insurance		12,137,235		13,297,179
General liability insurance		7,331,787		5,628,963
Other		5,927,404		4,804,238
Other long-term liabilities		57,376,082		48,490,953
Less current portion		1,394,960		1,046,077
Total other long-term liabilities	$	55,981,122	$	47,444,876

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 28, 2024 and September 30, 2023.

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.