v3.25.1
Other Income, Net
 3 Months Ended
Apr. 26, 2025
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, Net
The components of other income, net, were as follows (dollars in thousands):
For the Three Months Ended
April 26, 2025April 27, 2024
Gain on sale of fixed assets$9,773 $12,404 
Miscellaneous expense, net(2,509)(3,153)
Other income, net$7,264 $9,251 

We participate in a vendor payment program sponsored by one of our customers. Eligible accounts receivable from this customer are included in the program and payment is received pursuant to a non-recourse sale to a bank partner. This program effectively reduces the time to collect these receivables as compared to that customer’s standard payment terms. We incur a discount fee to the bank on the payments received that is included as an expense component in miscellaneous expense, net, in the table above.