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COVID-19
3 Months Ended
Mar. 27, 2021
COVID-19 [Abstract]  
COVID-19 (8) COVID-19

On March 11, 2020, the World Health Organization declared that the novel coronavirus (COVID-19) had become a pandemic, and on March 13, the U.S. President declared a National Emergency concerning the disease. Additionally, in March 2020, state governments in the Company’s geographic operating area began instituting preventative shut down measures in order to combat the novel coronavirus pandemic. The coronavirus and actions taken to mitigate the spread of it have had and are expected to continue to have an adverse impact on the economies and financial markets of the geographical area in which the Company operates. Since the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was enacted March 27, 2020 to, amongst other provisions, provide emergency assistance for individuals, families and businesses affected by the novel coronavirus pandemic, there have been two subsequent acts adopted to provide aditional emergency assistance, the most recent of which being the American Rescue Plan Act of 2021 enacted on March 11, 2021.

The Company’s business being deemed essential resulted in incremental financial performance that may not be indicative of future financial results and there remains uncertainty and increased risks concerning its employees, customers, supply chain and government regulation (see Forward-Looking Statements).