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Associate Retirement Plans (Tables) | 12 Months Ended
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Dec. 30, 2023
Retirement Benefits [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 postretirement benefit plans, excluding multi-employer plans. The current accrued, and noncurrent accrued benefit costs associated with postretirement benefits are reported in “Accrued payroll and benefits,” and “Other long-term liabilities,” respectively, in the consolidated balance sheets.
|  |  |  | Retiree Medical Plan |
|  |  |  | December 30, |  |  | December 31, |
(In thousands, except percentages) |  |  |  | 2023 |  |  | 2022 |
Funded Status |  |  |  |  |  |  |  |  |  |
Projected/Accumulated benefit obligation: |  |  |  |  |  |  |
Balance at beginning of year |  |  |  | $ |  | 2,412 |  |  | $ |  | 11,031 |
Service cost |  |  |  |  |  | — |  |  |  |  | 76 |
Interest cost |  |  |  |  |  | 85 |  |  |  |  | 185 |
Actuarial loss |  |  |  |  |  | 23 |  |  |  |  | 30 |
Plan amendment |  |  |  |  |  | — |  |  |  |  | (6,614 | )
Benefits paid |  |  |  |  |  | (1,284 | ) |  |  |  | (2,296 | )
Balance at end of year |  |  |  | $ |  | 1,236 |  |  | $ |  | 2,412 |
Fair value of plan assets: |  |  |  |  |  |  |  |  |  |
Balance at beginning of year |  |  |  | $ |  | — |  |  | $ |  | — |
Company contributions |  |  |  |  |  | 1,284 |  |  |  |  | 2,296 |
Benefits paid |  |  |  |  |  | (1,284 | ) |  |  |  | (2,296 | )
Balance at end of year |  |  |  | $ |  | — |  |  | $ |  | — |
Unfunded status |  |  |  | $ |  | (1,236 | ) |  | $ |  | (2,412 | )
Components of net amount recognized in consolidated balance sheets: |  |  |  |  |  |  |  |  |  |
Current liabilities |  |  |  | $ |  | (1,236 | ) |  | $ |  | (1,270 | )
Noncurrent liabilities |  |  |  |  |  | — |  |  |  |  | (1,142 | )
Net liability |  |  |  | $ |  | (1,236 | ) |  | $ |  | (2,412 | )
Amounts recognized in AOCI: |  |  |  |  |  |  |
Net actuarial loss |  |  |  | $ |  | 217 |  |  | $ |  | 743 |
Prior service credit |  |  |  |  |  | (1,653 | ) |  |  |  | (4,960 | )
Accumulated other comprehensive income |  | $ |  | (1,436 | ) |  | $ |  | (4,217 | )
Weighted average assumptions at measurement date: |  |  |  |  |  |  |
Discount rate |  |  |  |  |  | 5.65 | % |  |  |  | 5.34 | %
Ultimate health care cost trend rate |  |  |  |  | N/A |  |  |  | N/A |
| Retiree Medical Plan |
(In thousands, except percentages) | 2023 |  |  | 2022 |  |  | 2021 |
Components of net periodic benefit (income) cost: |  |  |  |  |  |  |  |  |  |  |
Service cost | $ |  | — |  |  | $ |  | 76 |  |  | $ |  | 187 |
Interest cost |  |  | 85 |  |  |  |  | 185 |  |  |  |  | 226 |
Amortization of prior service credit |  |  | (3,307 | ) |  |  |  | (1,653 | ) |  |  |  | — |
Recognized actuarial net loss |  |  | 249 |  |  |  |  | 200 |  |  |  |  | 230 |
Net periodic benefit (income) expense | $ |  | (2,973 | ) |  | $ |  | (1,192 | ) |  | $ |  | 643 |
Settlement expense |  |  | 299 |  |  |  |  | 740 |  |  |  |  | — |
Total net periodic benefit (income) cost | $ |  | (2,674 | ) |  | $ |  | (452 | ) |  | $ |  | 643 |
Weighted average assumptions used to determine net periodic benefit (income) cost: |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 5.62 | % |  |  |  | 2.90 | % |  |  |  | 2.57 | %
Components of Net Periodic Pension and Postretirement Benefit Cost (Income) |
| Retiree Medical Plan |
(In thousands, except percentages) | 2023 |  |  | 2022 |  |  | 2021 |
Components of net periodic benefit (income) cost: |  |  |  |  |  |  |  |  |  |  |
Service cost | $ |  | — |  |  | $ |  | 76 |  |  | $ |  | 187 |
Interest cost |  |  | 85 |  |  |  |  | 185 |  |  |  |  | 226 |
Amortization of prior service credit |  |  | (3,307 | ) |  |  |  | (1,653 | ) |  |  |  | — |
Recognized actuarial net loss |  |  | 249 |  |  |  |  | 200 |  |  |  |  | 230 |
Net periodic benefit (income) expense | $ |  | (2,973 | ) |  | $ |  | (1,192 | ) |  | $ |  | 643 |
Settlement expense |  |  | 299 |  |  |  |  | 740 |  |  |  |  | — |
Total net periodic benefit (income) cost | $ |  | (2,674 | ) |  | $ |  | (452 | ) |  | $ |  | 643 |
Weighted average assumptions used to determine net periodic benefit (income) cost: |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 5.62 | % |  |  |  | 2.90 | % |  |  |  | 2.57 | %
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:
| 2023 |  | 2022 |  | 2021 |
Post-65 |  | N/A |  |  | N/A |  |  |  | 7.00 | %

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