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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 109,941 $ 103,828 $ 125,196
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 113,875 108,438 104,026
(Gain) loss on disposition of fixed assets (4,447) (46) (2,407)
Unrealized (gain) loss in value of equity securities (1,020) 275 1,325
Deferred income taxes (5,344) 4,955 (852)
Unrealized (gain) loss in SERP (2,987) (2,834) 5,653
Changes in operating assets and liabilities:      
Inventories (12,637) (2,883) (23,687)
Accounts receivable and prepaid expenses (23,347) (18,564) 2,436
Accounts payable and other liabilities 11,364 13,095 7,695
Income taxes 2,208 (5,839) (1,005)
Other (139) 1,176 (356)
Net cash provided by operating activities 187,467 201,602 218,024
Cash flows from investing activities:      
Purchase of property and equipment (161,349) (104,010) (122,169)
Proceeds from the sale of property and equipment 6,507 867 6,691
Purchase of marketable securities (163,638) (112,979) (355,757)
Proceeds from the sale and maturities of marketable securities 195,662 79,518 362,237
Acquisition of business (16,225)    
Purchase of intangible assets (4,251) (1,075) (819)
Change in SERP investment (1,485) (1,120) (1,290)
Net cash used in investing activities (144,779) (138,800) (111,107)
Cash flows from financing activities:      
Dividends paid (36,582) (36,582) (34,968)
Net cash used in financing activities (36,582) (36,582) (34,968)
Net increase (decrease) in cash and cash equivalents 6,106 26,220 71,949
Cash and cash equivalents at beginning of year 184,217 157,997 86,048
Cash and cash equivalents at end of period $ 190,323 $ 184,217 $ 157,997