Associate Retirement Plans (Tables)

12 Months Ended

Jan. 01, 2022

Compensation And Retirement Disclosure [Abstract]

Schedule of Benefit Obligations, Pension & Other Long-Term Liabilities

The following tables set forth the actuarial present value of benefit obligations, funded status, changes in benefit obligations and plan assets, weighted average assumptions used in actuarial calculations and components of net periodic benefit costs for the Company’s significant pension and postretirement benefit plans, excluding multi-employer plans. The prepaid, current accrued, and noncurrent accrued benefit costs associated with pension and postretirement benefits are reported in “Prepaid expenses and other current assets,” “Other assets, net,” “Accrued payroll and benefits,” and “Other long-term liabilities,” respectively, in the consolidated balance sheets.

	Pension Plan					Retiree Medical Plan
	January 1,			January 2,		January 1,			January 2,
(In thousands, except percentages)	2022			2021		2022			2021
Funded Status
Projected/Accumulated benefit obligation:
Balance at beginning of year	$	—		$	—	$	11,909		$	10,783
Service cost		—			—		187			182
Interest cost		—			—		226			303
Actuarial (gain) loss		—			—		(849	)		1,027
Benefits paid		—			—		(442	)		(386	)
Balance at end of year	$	—		$	—	$	11,031		$	11,909

Fair value of plan assets:
Balance at beginning of year	$	2,689		$	1,496	$	—		$	—
Refund from annuity provider		—			1,193		—			—
Company contributions		—			—		442			386
Excess asset transfer		(2,689	)		—		—			—
Benefits paid		—			—		(442	)		(386	)
Balance at end of year	$	—		$	2,689	$	—		$	—
Funded (unfunded) status	$	—		$	2,689	$	(11,031	)	$	(11,909	)

Components of net amount recognized in consolidated balance sheets:
Current assets	$	—		$	2,689	$	—		$	—
Current liabilities		—			—		(496	)		(471	)
Noncurrent liabilities		—			—		(10,535	)		(11,438	)
Net asset (liability)	$	—		$	2,689	$	(11,031	)	$	(11,909	)

Amounts recognized in AOCI:
Net actuarial loss	$	—		$	—	$	1,653		$	2,732
Accumulated other comprehensive loss	$	—		$	—	$	1,653		$	2,732

Weighted average assumptions at measurement date:
Discount rate	N/A			N/A		2.90%			2.57%
Ultimate health care cost trend rate	N/A			N/A		4.50%			4.50%

Components of Net Periodic Pension and Postretirement Benefit Cost (Income)

	Pension Plan								Retiree Medical Plan
(In thousands, except percentages)	2021		2020			2019			2021		2020		2019
Components of net periodic benefit (income) cost:
Service cost	$	—	$	—		$	—		$	187	$	182	$	171
Interest cost		—		—			1,134			226		303		375
Amortization of prior service cost		—		—			—			—		—		(92	)
Expected return on plan assets		—		—			(714	)		—		—		—
Gain on reconciliation with annuity provider		—		(1,193	)		—			—		—		—
Recognized actuarial net loss		—		—			691			230		104		—
Net periodic benefit (income) expense	$	—	$	(1,193	)	$	1,111		$	643	$	589	$	454
Settlement expense		—		—			18,244			—		—		—
Total net periodic benefit (income) cost	$	—	$	(1,193	)	$	19,355		$	643	$	589	$	454

Weighted average assumptions used to determine net periodic benefit (income) cost:
Discount rate	N/A		N/A			3.48%			2.57%		3.26%		4.41%
Expected return on plan assets	N/A		N/A			2.80%			N/A		N/A		N/A

Assumed Current Healthcare Cost Trend Rates Used to Determine Net Periodic Benefit Cost (Income)

Assumed healthcare cost trend rates have a significant effect on the amounts reported for the Retiree Medical Plan. Assumed current healthcare cost trend rates used to determine net periodic benefit cost were as follows:

										2021		2020		2019
Post-65										7.00%		7.50%		7.50%

Estimated Benefit Payments Expected to be Paid

The following estimated benefit payments are expected to be paid in the following fiscal years:

(In thousands)	2022					2023					2024					2025					2026					2027 to 2031
Post-retirement medical benefits	$		495			$		530			$		559			$		584			$		610			$		3,283