Commitments and Contingencies (Notes)

12 Months Ended

Dec. 28, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies [Text Block]

(9)    Commitments and Contingencies

(a) Letters of Credit

As of December 28, 2019, the Company had outstanding $4,101,000 in trade letters of credit and $5,355,000 in standby letters of credit to support certain purchase obligations.

(b) Litigation

The Company is subject from time to time to various lawsuits, claims and charges arising in the normal course of business. The Company believes its recorded reserves are adequate in light of the probable and estimable liabilities. The estimated amount of reasonably possible losses for lawsuits, claims and charges, individually and in the aggregate, is considered to be immaterial. In the opinion of management, the ultimate resolution of these legal proceedings will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows.