Other Accrued Liabilities and Other Long-Term Liabilities

9 Months Ended

Oct. 09, 2021

Other Liabilities Disclosure [Abstract]

Other Accrued Liabilities and Other Long-Term Liabilities

10.  OTHER ACCRUED LIABILITIES AND OTHER LONG-TERM LIABILITIES

Other accrued liabilities consist of (amounts in thousands):

	October 9, 2021		January 2, 2021
Employee compensation	$	29,563	$	28,826
VSIP and RIF liabilities		—		1,508
Employee vacation		17,510		16,216
Employee bonus		30,935		57,394
Fair value of derivative instruments		—		5
Self-insurance reserves		30,492		29,367
Bank overdraft		13,438		16,900
Accrued interest		1,233		8,241
Accrued utilities		6,192		6,070
Accrued taxes		32,621		22,773
Accrued advertising		3,949		3,610
Accrued legal settlements		19,650		11,869
Accrued legal costs		3,784		1,644
Accrued short-term deferred income		4,295		4,760
Collateral from counterparties for derivative positions		7,477		13,997
Acquisition consideration adjustment		3,400		—
Other		11,743		3,099
Total	$	216,282	$	226,279

In connection with an acquisition completed in Fiscal 2012, the company agreed to make the selling shareholders whole for certain taxes incurred by the stakeholders on the sale.  There was recently a tax determination that the selling shareholders owed additional taxes.  Unless there is a successful appeal which overturns the determination, the company estimates that it will owe the shareholders approximately $3.4 million and the company has recorded this cost in the selling, distribution and administrative expenses line item of the Condensed Consolidated Statements of Income during the forty weeks ended October 9, 2021.

See Note 14, Commitments and Contingencies, of Notes to Condensed Consolidated Financial Statements of this Form 10-Q for details on the legal settlements.

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

	October 9, 2021		January 2, 2021
Deferred income	$	16,313	$	19,153
Deferred compensation		19,543		16,674
Fair value of derivative instruments		—		83
Other deferred credits		797		1,502
Deferred payroll taxes under the CARES Act		14,992		14,992
Other		1,313		1,255
Total	$	52,958	$	53,659