Other Accrued Liabilities and Other Long-Term Liabilities

4 Months Ended

Apr. 20, 2024

Other Liabilities Disclosure [Abstract]

Other Accrued Liabilities and Other Long-Term Liabilities

11. OTHER ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES

Other accrued liabilities consist of (amounts in thousands):

	April 20, 2024		December 30, 2023
Employee compensation	$	28,311	$	28,000
Employee vacation		20,526		17,699
VSIP		—		1,429
Employee bonus		12,632		28,004
Fair value of derivative instruments		1,675		1,918
Self-insurance reserves		34,121		38,003
Bank overdraft		7,479		18,180
Accrued interest		2,200		7,516
Accrued utilities		5,729		6,121
Accrued taxes		11,257		7,984
Accrued advertising		3,169		2,333
Accrued legal settlements		55,000		55,000
Accrued legal costs		4,928		3,798
Accrued short-term deferred income		2,894		3,217
Collateral due to counterparties for derivative positions		2,081		3,230
Multi-employer pension plan withdrawal liability		—		1,297
Repurchase obligations of distribution rights		60,608		64,583
Other		8,438		4,634
Total	$	261,048	$	292,946

The repurchase of distribution rights is part of a legal settlement which requires a phased repurchase of approximately 350 distribution rights. The company estimated the cost of these repurchases, and an additional 50 other California distribution rights that are not part of the settlement, in accordance with the settlement agreement and the amount is net of the remaining notes receivable balance. The repurchases began at the end of the first quarter of Fiscal 2024 and are anticipated to be completed by the end of the first quarter of Fiscal 2025. See Note 15, Commitments and Contingencies, for details on this settlement.

Other long-term liabilities consist of (amounts in thousands):

	April 20, 2024		December 30, 2023
Deferred income	$	6,485	$	7,222
Deferred compensation		26,777		26,207
Other		2,587		508
Total	$	35,849	$	33,937