Segment Reporting (Tables)

3 Months Ended

Mar. 29, 2025

Segment Reporting

Schedule of significant segment information

	13 Weeks Ended
(amounts in thousands)	March 29, 2025		March 30, 2024
Net sales	$	1,196,805	$	1,178,168
Other revenue (1)		3,971		4,037
Total revenue		1,200,776		1,182,205
Less:
Cost of sales - stores		880,601		867,556
Labor - stores		108,807		105,193
Depreciation and amortization - stores (2)		23,225		21,964
Occupancy - stores		22,388		21,654
All other expense - stores (3)		80,065		77,924
Administration, manufacturing, and property management expense		32,757		32,780
Distribution and transportation		29,897		27,769
Income from operations		23,036		27,364
Other income (expense) (4)		357		(1,401)
Investment income (loss) and interest expense		4,411		5,552
Provision for income taxes		7,326		8,349
Net income	$	20,478	$	23,165

(1) Other revenue represents commission income earned from a variety of services such as lottery, money orders, third party gift cards, and third party bill pay services.

(2) Segment depreciation and amortization expense, for stores and non-stores, for the thirteen weeks ended March 29, 2025 and March 30, 2024 was $29.6 million and $27.4 million, respectively. Segment additions of long-lived assets for the thirteen weeks ended March 29, 2025 and March 30, 2024 was $36.0 million and $35.5 million, respectively.

(3) All other expense consists of all other store controllable and fixed expenses, such as financial services fees, utilities, and outside services.

(4) Other income (expenses) consists of gains (losses) on SERP investments.