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Property and Equipment
12 Months Ended
Dec. 30, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3 – Property and Equipment

Property and equipment consist of the following:

 

December 30,

 

 

December 31,

 

(In thousands)

2023

 

 

2022

 

Land and improvements

$

 

91,031

 

 

$

 

91,859

 

Buildings and improvements

 

 

646,707

 

 

 

 

612,471

 

Equipment

 

 

799,721

 

 

 

 

724,077

 

Construction in progress

 

 

59,295

 

 

 

 

53,443

 

Total property and equipment

 

 

1,596,754

 

 

 

 

1,481,850

 

Less accumulated depreciation and amortization

 

 

947,683

 

 

 

 

871,630

 

Property and equipment, net

$

 

649,071

 

 

$

 

610,220

 

 

Depreciation expense was $68.0 million, $66.7 million and $65.9 million in 2023, 2022 and 2021 respectively.