Workers' Compensation

3 Months Ended

Mar. 31, 2023

WORKERS' COMPENSATION

We are liable for workers' compensation benefits for traumatic injuries through our self-insured program to provide income replacement and medical treatment for work-related traumatic injury claims as required by applicable state laws. Workers' compensation laws also compensate survivors of workers who suffer employment related deaths. Our liability for traumatic injury claims is the estimated present value of current workers' compensation benefits, based on our actuarial estimates. Our actuarial calculations are based on a blend of actuarial projection methods and numerous assumptions including claim development patterns, mortality, medical costs and interest rates.

The following table presents activity for our workers' compensation liability during the periods indicated:


	Three Months Ended March 31,
	2023		2022
	(In thousands)
Workers' compensation liability, beginning of period	$	8,344	$	7,925
Claims and valuation adjustments	(58)		(160)
Payments	(174)		(92)
Workers' compensation liability, end of period	8,112		7,673
Less: current portion	1,046		1,169
Long-term workers' compensation liability	$	7,066	$	6,504

Our workers' compensation liability above is presented on a gross basis and does not include our expected receivables on our insurance policy. Our receivables for traumatic injury claims under these policies as of March 31, 2023 and December 31, 2022 are $4.8 million and $4.8 million, respectively, and are included in other assets on our unaudited condensed consolidated balance sheets.