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Summary of Significant Accounting Policies and Basis of Presentation (Tables)
 12 Months Ended
Dec. 28, 2024
Accounting Policies [Abstract]  
Property and Equipment Estimated Useful Lives Depreciation expense on land improvements, buildings and improvements, and equipment is computed using the straight-line method as follows:

Land improvements

15 years

Buildings and improvements

15 to 40 years

Equipment

3 to 15 years
Summary of Changes in the Company's Self-Insurance Liability

A summary of changes in the Company’s self-insurance liability is as follows:

(In thousands)

2024

 

 

2023

 

 

2022

 

Balance at beginning of year

$

 

18,179

 

 

$

 

18,157

 

 

$

 

19,445

 

Expenses

 

 

62,827

 

 

 

 

63,722

 

 

 

 

64,386

 

Claim payments, net of employee contributions

 

 

(60,077

)

 

 

 

(63,700

)

 

 

 

(65,674

)

Balance at end of year

$

 

20,929

 

 

$

 

18,179

 

 

$

 

18,157

 
Schedule of Computation of Basic and Diluted EPS for Continuing Operations

The following table sets forth the computation of basic and diluted EPS:

(In thousands, except per share amounts)

2024

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net earnings

$

 

299

 

 

$

 

52,237

 

 

$

 

34,518

 

Adjustment for earnings attributable to participating securities

 

 

(2

)

 

 

 

(408

)

 

 

 

(404

)

Net earnings used in calculating earnings per share

$

 

297

 

 

$

 

51,829

 

 

$

 

34,114

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, including participating securities

 

 

33,793

 

 

 

 

34,211

 

 

 

 

35,279

 

Adjustment for participating securities

 

 

(191

)

 

 

 

(267

)

 

 

 

(413

)

Shares used in calculating basic earnings per share

 

 

33,602

 

 

 

 

33,944

 

 

 

 

34,866

 

Effect of dilutive stock warrant

 

 

316

 

 

 

 

584

 

 

 

 

847

 

Effect of dilutive stock-based employee compensation

 

 

96

 

 

 

 

106

 

 

 

 

187

 

Shares used in calculating diluted earnings per share

 

 

34,014

 

 

 

 

34,634

 

 

 

 

35,900

 

Basic earnings per share

$

 

0.01

 

 

$

 

1.53

 

 

$

 

0.98

 

Diluted earnings per share

$

 

0.01

 

 

$

 

1.50

 

 

$

 

0.95

 
Summary of Accounts and Notes Receivable

Accounts and notes receivable are composed of the following:

 

December 28,

 

 

December 30,

 

(In thousands)

2024

 

 

2023

 

Current notes receivable

$

 

2,941

 

 

$

 

2,613

 

Customer accounts receivable

 

 

386,792

 

 

 

 

379,208

 

Other receivables

 

 

62,071

 

 

 

 

44,649

 

Allowance for credit losses

 

 

(2,917

)

 

 

 

(4,611

)

Net accounts and current notes receivable

$

 

448,887

 

 

$

 

421,859

 

Long-term notes receivable

$

 

8,636

 

 

$

 

7,369

 

Allowance for credit losses

 

 

(481

)

 

 

 

(1,212

)

Net long-term notes receivable

$

 

8,155

 

 

$

 

6,157