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Insurance Reserves
12 Months Ended
Dec. 25, 2016
Insurance Reserves  
Insurance Reserves

12. Insurance Reserves

 

The following table summarizes changes in our insurance program reserves (in thousands):

 

 

 

 

 

 

Balance as of December 28, 2014

    

$

25,411

 

Additions

 

 

39,272

 

Payments

 

 

(34,133)

 

Balance as of December 27, 2015

 

 

30,550

 

Additions

 

 

42,508

 

Payments

 

 

(37,615)

 

Balance as of December 25, 2016

 

$

35,443

 

 

We are a party to standby letters of credit with off-balance sheet risk associated with our insurance programs. The total amount committed under letters of credit for these programs was $26.8 million at December 25, 2016.