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Income Tax (Tables)

12 Months Ended

Dec. 28, 2024

Income Tax Disclosure [Abstract]

Summary of Income Tax Provision for Continuing Operations

The income tax provision for continuing operations is made up of the following components:

(In thousands)	2024					2023					2022
Current income tax expense:
Federal	$		4,027			$		6,698			$		8,585
State			1,728					2,961					2,397
Total current income tax expense			5,755					9,659					10,982
Deferred income tax expense:
Federal			4,414					6,546					46
State			557					1,683					1,369
Total deferred income tax expense			4,971					8,229					1,415
Total income tax expense	$		10,726			$		17,888			$		12,397

Reconciliation of Statutory Federal Rate to Effective Rate

A reconciliation of the statutory federal rate to the effective rate is as follows:

	2024					2023					2022
Federal statutory income tax rate		21.0		%			21.0		%			21.0		%
Non-deductible goodwill impairment		49.4					—					—
State taxes, net of federal income tax benefit		17.1					5.3					6.7
Non-deductible expenses		21.4					3.4					5.5
Stock compensation		0.7					(0.9	)				(2.8	)
Change in tax contingencies		(0.6	)				(1.3	)				(0.1	)
Charitable product donations		(1.1	)				(0.2	)				(0.3	)
Contingent consideration		(4.1	)				—					—
Other, net		(2.0	)				(0.3	)				0.1
Tax credits		(4.5	)				(1.5	)				(3.7	)
Effective income tax rate		97.3		%			25.5		%			26.4		%

Summary of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities resulting from temporary differences as of December 28, 2024 and December 30, 2023 are as follows:

	December 28,					December 30,
(In thousands)	2024					2023
Deferred tax assets:
Employee benefits	$		20,991			$		21,074
Accrued workers' compensation			1,949					2,082
Allowance for credit losses			856					1,500
Restructuring			192					601
Deferred revenue			1,236					987
Lease liabilities			116,234					82,970
Accrued insurance			1,798					1,045
State net operating loss carryforwards (a)			5,533					5,507
All other			6,930					8,569
Total deferred tax assets			155,719					124,335
Valuation allowances			(419	)				(399	)
Net deferred tax assets			155,300					123,936
Deferred tax liabilities:
Property and equipment			57,977					49,038
Lease assets			107,277					74,472
Inventory			36,343					31,618
Goodwill			32,511					36,936
Intangible assets			8,571					2,200
All other			3,631					3,576
Total deferred tax liabilities			246,310					197,840
Net deferred tax liability	$		91,010			$		73,904

(a)As of December 28, 2024, the Company’s state net operating loss carryforwards in various taxing jurisdictions expire in tax years 2025 through 2044 if not utilized.

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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-Topic 740
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-Name Accounting Standards Codification
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