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Associate Retirement Plans (Tables)

12 Months Ended

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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- References

No definition available.

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- Definition

Tabular disclosure of benefit obligations including accumulated benefit obligation and projected benefit obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Subparagraph (e)
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

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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

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