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Restructuring and Asset Impairment (Tables) | 9 Months Ended
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Oct. 08, 2022
Restructuring And Related Activities [Abstract] |
Schedule of Activity of Reserves for Closed Properties | The following table provides the activity of reserves for closed properties for the 40-week period ended October 8, 2022. Included in the liability are lease-related ancillary costs from the date of closure to the end of the remaining lease term, as well as related severance. Reserves for closed properties recorded in the condensed consolidated balance sheets are included in “Other accrued expenses” in Current liabilities and “Other long-term liabilities” in Long-term liabilities based on the timing of when the obligations are expected to be paid. Reserves for severance are recorded in “Accrued payroll and benefits”.
|  | Reserves for Closed Properties |
|  | Lease |  |  |  |  |  |  |  |  |
|  | Ancillary |  |  |  |  |  |  |  |  |
(In thousands) |  | Costs |  |  | Severance |  |  | Total |
Balance at January 1, 2022 |  | $ |  | 3,124 |  |  | $ |  | — |  |  | $ |  | 3,124 |
Provision for closing charges |  |  |  | 857 |  |  |  |  | — |  |  |  |  | 857 |
Provision for severance |  |  |  | — |  |  |  |  | 9 |  |  |  |  | 9 |
Lease termination adjustments |  |  |  | (86 | ) |  |  |  | — |  |  |  |  | (86 | )
Changes in estimates |  |  |  | (73 | ) |  |  |  | — |  |  |  |  | (73 | )
Accretion expense |  |  |  | 53 |  |  |  |  | — |  |  |  |  | 53 |
Payments |  |  |  | (806 | ) |  |  |  | (9 | ) |  |  |  | (815 | )
Balance at October 8, 2022 |  | $ |  | 3,069 |  |  | $ |  | — |  |  | $ |  | 3,069 |
Schedule of Restructuring and Asset Impairment, Net | Restructuring and asset impairment, net in the condensed consolidated statements of earnings consisted of the following:
| 12 Weeks Ended |  |  | 40 Weeks Ended |
| October 8, |  |  | October 9, |  |  | October 8, |  |  | October 9, |
(In thousands) | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Asset impairment charges (a) | $ |  | 752 |  |  | $ |  | 207 |  |  | $ |  | 4,232 |  |  | $ |  | 3,783 |
Provision for closing charges |  |  | 857 |  |  |  |  | — |  |  |  |  | 857 |  |  |  |  | 1,410 |
Gain on sales of assets related to closed facilities (b) |  |  | (2,553 | ) |  |  |  | (358 | ) |  |  |  | (3,168 | ) |  |  |  | (2,544 | )
Provision for severance |  |  | — |  |  |  |  | 233 |  |  |  |  | 9 |  |  |  |  | 357 |
Other costs (income) associated with site closures (c) |  |  | 58 |  |  |  |  | 196 |  |  |  |  | (17 | ) |  |  |  | 507 |
Lease termination adjustments (d) |  |  | — |  |  |  |  | (488 | ) |  |  |  | (102 | ) |  |  |  | (488 | )
Changes in estimates (e) |  |  | — |  |  |  |  | 15 |  |  |  |  | (73 | ) |  |  |  | (44 | )
Total | $ |  | (886 | ) |  | $ |  | (195 | ) |  | $ |  | 1,738 |  |  | $ |  | 2,981 |
(a) Asset impairment charges in the current year were incurred in the Retail segment and relate to restructuring of the Retail segment's e-commerce delivery model and a current year store closure. In the prior year, asset impairment charges were incurred primarily in the Retail segment and relate to prior year store closures and previously closed locations, as well as site closures in connection with the Company's supply chain transformation within the Wholesale segment. (b) Gain on sales of assets in the current year primarily relates to the sales of real property of previously closed locations within the Wholesale and Retail segments. In the prior year, the gain on sales of assets primarily related to the sales of pharmacy customer lists, equipment, and real estate associated with store closings in the Retail segment, in addition to gains on sale of vacant land in the Wholesale segment. (c) Other income net activity in the current year primarily relates to restructuring activity within the Wholesale segment and Retail store closings. In the prior year, other costs net activity primarily related to Retail and Wholesale site closures and restructuring activities. (d) Lease termination adjustments in the current year relates to the gain recognized to terminate a lease agreement in the current year, which includes a $16 thousand write-off of the lease liability and $86 thousand reduction of lease ancillary costs included in the reserve for closed properties. In the prior year, lease termination adjustments related to the gain recognized to terminate a lease agreement, which included a $0.3 million write-off of the lease liability and $0.2 million of lease ancillary costs included in the reserve for closed properties. (e) Changes in estimates primarily relate to revised estimates for turnover and other lease ancillary costs associated with previously closed locations, which were generally lower than the initial estimates at certain properties in all years presented.

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
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