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Change in Accounting Estimate for Self-Insured Claims (Tables)
12 Months Ended
Dec. 28, 2024
Effect of Increase in Cost of Insurance and Claims
The following table summarizes the adverse effect of the increase in the cost of insurance claims resulting from unfavorable development of prior year self-insured claims estimates on operating income, net income and earnings per share set forth in the consolidated statements of income for the fiscal years ended December 28, 2024, December 30, 2023 and December 31, 2022 (in thousands, except per share amounts):
 
    
Fiscal Years Ended
 
    
December 28,

2024
    
December 30,

2023
    
December 31,

2022
 
Operating income
   $ 8,824      $ 6,058      $ 11,331  
Net income
   $ 6,794      $ 4,598      $ 8,570  
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and diluted earnings per share
   $ 0.19      $ 0.13      $ 0.23  
The unfavorable development of prior years’ claims in the fiscal years ended December 28, 2024, December 30, 2023 and December 31, 2022 was primarily attributable in each year to several specific claims.