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WORKERS' COMPENSATION INSURANCE AND RESERVES (Tables)

3 Months Ended

Mar. 30, 2025

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)			March 30, 2025			December 29, 2024
Undiscounted workers’ compensation reserve (1)			$	134,614		$	152,803
Less discount on workers’ compensation reserve			11,686			13,011
Workers’ compensation reserve, net of discount			122,928			139,792
Less current portion			31,397			34,729
Long-term portion			$	91,531		$	105,063

(1)Amounts shown are net of discount related to claims above our self-insured limits (“excess claims”).

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