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Associate Retirement Plans (Tables) | 12 Months Ended
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Dec. 28, 2024
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 28, |  |  | December 30, |
(In thousands, except percentages) |  |  |  | 2024 |  |  | 2023 |
Funded Status |  |  |  |  |  |  |  |  |  |
Projected/Accumulated benefit obligation: |  |  |  |  |  |  |
Balance at beginning of year |  |  |  | $ |  | 1,236 |  |  | $ |  | 2,412 |
Interest cost |  |  |  |  |  | 17 |  |  |  |  | 85 |
Actuarial loss |  |  |  |  |  | 12 |  |  |  |  | 23 |
Benefits paid |  |  |  |  |  | (1,265 | ) |  |  |  | (1,284 | )
Balance at end of year |  |  |  | $ |  | — |  |  | $ |  | 1,236 |
Fair value of plan assets: |  |  |  |  |  |  |  |  |  |
Balance at beginning of year |  |  |  | $ |  | — |  |  | $ |  | — |
Company contributions |  |  |  |  |  | 1,265 |  |  |  |  | 1,284 |
Benefits paid |  |  |  |  |  | (1,265 | ) |  |  |  | (1,284 | )
Balance at end of year |  |  |  | $ |  | — |  |  | $ |  | — |
Unfunded status |  |  |  | $ |  | — |  |  | $ |  | (1,236 | )
Components of net amount recognized in consolidated balance sheets: |  |  |  |  |  |  |  |  |  |
Current liabilities |  |  |  | $ |  | — |  |  | $ |  | (1,236 | )
Net liability |  |  |  | $ |  | — |  |  | $ |  | (1,236 | )
Amounts recognized in AOCI: |  |  |  |  |  |  |
Net actuarial loss |  |  |  | $ |  | — |  |  | $ |  | 217 |
Prior service credit |  |  |  |  |  | — |  |  |  |  | (1,653 | )
Accumulated other comprehensive income |  | $ |  | — |  |  | $ |  | (1,436 | )
Weighted average assumptions at measurement date: |  |  |  |  |  |  |
Discount rate |  |  |  |  | N/A |  |  |  |  | 5.65 | %
Ultimate health care cost trend rate |  |  |  |  | N/A |  |  |  | N/A |
Components of Net Periodic Pension and Postretirement Benefit Cost (Income) |
| Retiree Medical Plan |
(In thousands, except percentages) | 2024 |  |  | 2023 |  |  | 2022 |
Components of net periodic benefit income: |  |  |  |  |  |  |  |  |  |  |
Service cost | $ |  | — |  |  | $ |  | — |  |  | $ |  | 76 |
Interest cost |  |  | 17 |  |  |  |  | 85 |  |  |  |  | 185 |
Amortization of prior service credit |  |  | (1,653 | ) |  |  |  | (3,307 | ) |  |  |  | (1,653 | )
Recognized actuarial net loss |  |  | 94 |  |  |  |  | 249 |  |  |  |  | 200 |
Net periodic benefit income | $ |  | (1,542 | ) |  | $ |  | (2,973 | ) |  | $ |  | (1,192 | )
Settlement expense |  |  | 135 |  |  |  |  | 299 |  |  |  |  | 740 |
Total net periodic benefit income | $ |  | (1,407 | ) |  | $ |  | (2,674 | ) |  | $ |  | (452 | )
Weighted average assumptions used to determine net periodic benefit income: |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 5.65 | % |  |  |  | 5.62 | % |  |  |  | 2.90 | %

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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (h) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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