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WORKERS' COMPENSATION INSURANCE AND RESERVES (Tables)
12 Months Ended
Dec. 25, 2022
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 25,
2022
December 26,
2021
Undiscounted workers’ compensation reserve$270,468 $273,000 
Less discount on workers’ compensation reserve19,458 16,806 
Workers’ compensation reserve, net of discount251,010 256,194 
Less current portion50,005 61,596 
Long-term portion$201,005 $194,598 
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 25, 2022:
(in thousands)
2023$50,005 
202427,234 
202516,601 
202611,971 
20279,531 
Thereafter58,963 
Sub-total174,305 
Excess claims (1)76,705 
Total$251,010 
(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.