XML 75 R60.htm IDEA: XBRL DOCUMENT v3.24.0.1
Restructuring, Asset Impairment and Other Charges - Schedule of Restructuring Asset Impairment and Other Charges (Detail) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Restructuring Cost And Reserve [Line Items]      
Provision for closing charges   $ 1,837 $ 1,509
Gain on sales of assets related to closed facilities $ 259 1,073 (106)
Provision for severance 21 9 362
Lease and Ancillary Costs [Member]      
Restructuring Cost And Reserve [Line Items]      
Provision for closing charges   1,837 1,509
Business Restructuring Reserves [Member]      
Restructuring Cost And Reserve [Line Items]      
Asset impairment charges [1] 11,749 5,086 3,783
Provision for closing charges 0 1,837 1,509
Gain on sales of assets related to closed facilities [2] (2,614) (6,324) (2,607)
Provision for severance [3] 21 9 362
Other costs associated with site closures [4] 584 271 636
Lease termination adjustments [5] 0 (102) (799)
Changes in estimates [6] (550) 28 2
Restructuring and asset impairment $ 9,190 $ 805 $ 2,886
[1] In the current year, asset impairment charges of $8.0 million were incurred in the Wholesale segment related to the Company's continued supply chain network optimization in response to customer demand changes. Additional charges in the current year were incurred related to two store closures in the Retail segment and impairment losses related to a distribution location that sustained storm damage in the Wholesale segment. Asset impairment charges in 2022 were incurred primarily in the Retail segment and relate to restructuring of the Retail segment's e-commerce delivery model and a store closure. In 2021, asset impairment charges were incurred primarily in the Retail segment and relate to store closures, as well as site closures in connection with the Company’s supply chain transformation initiatives within the Wholesale segment.
[2] Gain on sales of assets in the current year primarily relate to the sale of a store within the Retail segment. In 2022, gain on sales of assets primarily relates to the sales of real property of previously closed locations within both the Wholesale and Retail segments. Gain on sales of assets in 2021 primarily relate to sales of pharmacy customer lists, equipment, and real estate associated with the store closings in the Retail segment, in addition to gains on sale of vacant land in the Wholesale segment.
[3] Severance charges relate to closures in the Wholesale segment as well as Retail store closings.
[4] Other costs net activity in the current year primarily relates to Retail store closings. In the prior year, activity primarily relates to restructuring activity within the Wholesale segment and Retail store closings.
[5] Lease termination adjustments represent the benefits recognized in connection with early lease buyouts for previously closed sites. Payments made in connection with lease buyouts were applied to reserves for closed properties and lease liabilities, as applicable.
[6] Changes in estimates primarily relate to revised estimates for turnover and other lease ancillary costs associated with previously closed locations. The current year also included a $0.3 million gain for additional insurance proceeds received related to a distribution location that sustained significant storm damage within the Wholesale segment.