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LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Right-of-Use Lease Assets and Lease Liabilities in Condensed Financial Statements
Right-of-use lease assets and lease liabilities are reported in the Company’s consolidated balance sheets as follows:
December 31, 2022December 25, 2021
(in thousands)
Operating leases
Operating lease right-of-use assets, net$391,762 $292,941 
Other current liabilities$46,526 $33,267 
Operating lease right-of-use liabilities389,745 252,972 
Total operating lease liabilities$436,271 $286,239 
Finance leases
Property, plant and equipment, net$31,875$29,437
Current portion of long-term debt and finance leases$2,330$2,694
Long-term debt, net and finance leases28,31624,529
Total finance lease liabilities$30,646$27,223
Schedule of Operating and Finance Lease Costs and Supplemental Cash Flow Information
The components of operating and finance lease costs were as follows:
December 31, 2022December 25, 2021December 26, 2020
(in thousands)
Operating lease costs$59,671 $45,728 $32,965 
Finance lease costs:
Amortization of right-of-use assets3,035 3,337 3,723 
Interest on lease liabilities1,441 1,280 1,306 
Short-term lease costs2,954 2,441 2,349 
Variable lease costs13,965 4,623 5,122 
Sublease income(1,912)(2,008)(1,673)
Total lease costs$79,154 $55,401 $43,792 
Other information related to leases was as follows:
Supplemental cash flow information
December 31, 2022December 25, 2021December 26, 2020
(in thousands)
Cash flows included in the measurement of lease liabilities:
Operating cash flows from operating leases$48,360 $42,576 $29,961 
Operating cash flows from finance leases1,442 1,282 1,306 
Finance cash flows from finance leases2,257 3,202 4,350 
Non-cash leases activity:
Right-of-use lease assets obtained in exchange for new operating lease liabilities$189,134 $142,764 $63,499 
Right-of-use lease assets obtained in exchange for new finance lease liabilities8,179 1,567 1,571 
Lease term and discount rate
As ofAs ofAs of
December 31, 2022December 25, 2021December 26, 2020
Weighted-average remaining lease term (in years)
Operating lease9.89.08.5
Finance lease13.611.712.4
Weighted-average discount rate
Operating lease4.3 %3.6 %4.5 %
Finance lease5.3 %4.4 %4.1 %
Schedule of Future Minimum Lease Payments Under Non-Cancellable Operating Leases After Adoption
As of December 31, 2022, maturities of operating and finance lease liabilities for each of the following five years and a total thereafter were as follows:
Operating LeasesFinance Leases
(in thousands)
2023$60,145 $3,793 
202463,679 3,689 
202555,969 3,422 
202651,881 2,962 
202750,329 2,923 
Thereafter257,752 27,031 
Total minimum future lease payments539,755 43,820 
Less: Imputed interest103,484 13,174 
Total lease liabilities$436,271 $30,646 
Schedule of Future Minimum Lease Payments Under Non-Cancellable Finance Leases After Adoption
As of December 31, 2022, maturities of operating and finance lease liabilities for each of the following five years and a total thereafter were as follows:
Operating LeasesFinance Leases
(in thousands)
2023$60,145 $3,793 
202463,679 3,689 
202555,969 3,422 
202651,881 2,962 
202750,329 2,923 
Thereafter257,752 27,031 
Total minimum future lease payments539,755 43,820 
Less: Imputed interest103,484 13,174 
Total lease liabilities$436,271 $30,646