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Summary of Significant Accounting Policies and Basis of Presentation (Tables)
12 Months Ended
Dec. 30, 2017
Accounting Policies [Abstract]  
Property and Equipment Estimated Useful Lives

Depreciation expense on land improvements, buildings and improvements, and equipment is computed using the straight-line method as follows:

Land improvements

15 years

Buildings and improvements

15 to 40 years

Equipment

3 to 15 years

 

Summary of Changes in the Company's Self-Insurance Liability

A summary of changes in the Company’s self-insurance liability is as follows:

 

(In thousands)

2017

 

 

2016

 

 

2015

 

Balance at beginning of year

$

 

14,730

 

 

$

 

14,466

 

 

$

 

19,413

 

Expenses

 

 

54,748

 

 

 

 

49,560

 

 

 

 

43,851

 

Claim payments, net of employee contributions

 

 

(54,323

)

 

 

 

(49,296

)

 

 

 

(48,798

)

Balance at end of year

$

 

15,155

 

 

$

 

14,730

 

 

$

 

14,466

 

 

Schedule of Computation of Basic and Diluted EPS for Continuing Operations

The following table sets forth the computation of basic and diluted EPS for continuing operations:

 

(In thousands, except per share amounts)

2017

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) earnings from continuing operations

$

 

(52,617

)

 

$

 

57,056

 

 

$

 

63,166

 

Adjustment for loss (earnings) attributable to participating securities

 

 

908

 

 

 

 

(1,011

)

 

 

 

(1,098

)

(Loss) earnings from continuing operations used in calculating earnings per share

$

 

(51,709

)

 

$

 

56,045

 

 

$

 

62,068

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

37,419

 

 

 

 

37,483

 

 

 

 

37,612

 

Adjustment for participating securities

 

 

(646

)

 

 

 

(664

)

 

 

 

(654

)

Shares used in calculating basic earnings per share

 

 

36,773

 

 

 

 

36,819

 

 

 

 

36,958

 

Effect of dilutive stock options

 

 

 

 

 

 

73

 

 

 

 

106

 

Shares used in calculating diluted earnings per share

 

 

36,773

 

 

 

 

36,892

 

 

 

 

37,064

 

Basic (loss) earnings per share from continuing operations

$

 

(1.41

)

 

$

 

1.52

 

 

$

 

1.68

 

Diluted (loss) earnings per share from continuing operations

$

 

(1.41

)

 

$

 

1.52

 

 

$

 

1.67