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WORKERS' COMPENSATION INSURANCE AND RESERVES (Tables)
 12 Months Ended
Dec. 27, 2020
Workers' Compensation Insurance and Reserves [Abstract]  
Reconciliation of Workers' Compensation Claims Reserve
The following table presents a reconciliation of the undiscounted workers’ compensation reserve to the discounted workers’ compensation reserve for the periods presented:
(in thousands)December 27,
2020		December 29,
2019
Undiscounted workers’ compensation reserve$273,502 $274,934 
Less discount on workers’ compensation reserve18,009 19,316 
Workers’ compensation reserve, net of discount255,493 255,618 
Less current portion66,007 73,020 
Long-term portion$189,486 $182,598 
Allowance for Insurance Receivable
The activity related to the allowance for insurance receivable was as follows:
(in thousands)202020192018
Beginning balance$629 $3,314 $3,778 
Cumulative-effect adjustment (1)72 — — 
Charged to expense13 120 120 
Release of allowance(629)(2,805)(584)
Ending balance$85 $629 $3,314 
(1)As a result of our adoption of the accounting standard for credit losses, we recognized a cumulative-effect adjustment to our insurance receivable valuation allowance of $0.1 million as of the beginning of the first quarter of 2020. Refer to Note 1: Summary of Significant Accounting Policies for further details.
Estimated Future Payout of our Discounted Workers' Compensation Claims
The table below presents the estimated future payout of our discounted workers’ compensation claims reserve for the next five years and thereafter as of December 27, 2020:
(in thousands)
2021$66,007 
202235,200 
202320,077 
202413,204 
20259,508 
Thereafter57,478 
Sub-total201,474 
Excess claims (1)54,019 
Total$255,493 
(1)Estimated expenses related to claims above our self-insured limits for which we have a corresponding receivable for the insurance coverage based on contractual policy agreements.