XML 35 R24.htm IDEA: XBRL DOCUMENT v3.25.3
RESTRICTED CASH AND INVESTMENTS (Tables)
 9 Months Ended
Sep. 28, 2025
Restricted Cash and Investments [Abstract]  
Schedule of restricted cash and investments
The following is a summary of the carrying value of our restricted cash, cash equivalents and investments:
(in thousands)September 28,
2025		December 29,
2024
Cash collateral held by insurance carriers$7,653 $22,387 
Cash and cash equivalents held in Trust 22,805 15,406 
Investments held in Trust73,331 99,506 
Company-owned life insurance policies45,464 41,846 
Other restricted cash and cash equivalents438 771 
Total restricted cash, cash equivalents and investments
$149,691 $179,916 
Schedule of held-to-maturity investments
The amortized cost and estimated fair value of each of our held-to-maturity investments held in Trust, aggregated by investment category as of September 28, 2025 and December 29, 2024, were as follows:
September 28, 2025
(in thousands)Amortized costGross unrealized gainsGross unrealized lossesFair value
Municipal debt securities$7,891 $4 $(4)$7,891 
Corporate debt securities55,405 499 (259)55,645 
Agency mortgage-backed securities5,064 60 — 5,124 
U.S. government and agency securities4,971 1 (12)4,960 
Total held-to-maturity investments$73,331 $564 $(275)$73,620 
December 29, 2024
(in thousands)Amortized costGross unrealized gainsGross unrealized lossesFair value
Municipal debt securities$22,490 $— $(135)$22,355 
Corporate debt securities64,313 144 (945)63,512 
Agency mortgage-backed securities11,703 68 (17)11,754 
U.S. government and agency securities1,000 — (29)971 
Total held-to-maturity investments$99,506 $212 $(1,126)$98,592 
Schedule of held-to-maturity investments by contractual maturity
The amortized cost and fair value by contractual maturity of our held-to-maturity investments are as follows:
September 28, 2025
(in thousands)Amortized costFair value
Due in one year or less$40,590 $40,456 
Due after one year through five years32,741 33,164 
Total held-to-maturity investments$73,331 $73,620 
Schedule of unrealized gain (loss) on equity investments Unrealized gains and losses related to investments still held at September 28, 2025 and September 29, 2024, which are included in SG&A expense on our Consolidated Statements of Operations and Comprehensive Income (Loss), were as follows:
Thirteen weeks ended
Thirty-nine weeks ended
(in thousands)September 28,
2025		September 29,
2024		September 28,
2025		September 29,
2024
Unrealized gains, net
$2,176 $2,099 $3,617 $4,821