Leases (Tables)

9 Months Ended

Sep. 23, 2020

A summary of finance and operating lease right-of-use assets and liabilities as of September 23, 2020 and December 25, 2019 is as follows:


	Classification	September 23 2020		December 25 2019
Finance leases	Property and equipment, net	$	5,109	$	5,444
Operating leases	Operating lease assets	305,133		274,426
Total right-of-use assets		$	310,242	$	279,870




Finance leases:
	Other current liabilities	$	1,740	$	1,873
	Other long-term liabilities	3,493		3,643
Operating leases:
	Operating lease liabilities, current	34,859		30,002
	Long-term operating lease liabilities	336,149		304,914
Total lease liabilities		$	376,241	$	340,432

The components of lease expense for the thirteen and thirty-nine weeks ended September 23, 2020 and September 25, 2019 was as follows:


			Thirteen Weeks Ended				Thirty-Nine Weeks Ended
		Classification	September 23 2020		September 25 2019		September 23 2020		September 25 2019
Finance lease cost:
	Amortization of right-of-use assets	Depreciation expense	$	531	$	538	$	1,710	$	1,491
	Interest on lease liabilities	Interest expense	51		52		161		148
Operating lease cost		Occupancy and related expenses General and administrative expenses Pre-opening costs	11,506		10,564		33,726		29,329
Short-term lease cost		Occupancy and related expenses	138		279		331		313
Variable lease cost		Other operating expenses Occupancy and related expenses General and administrative expenses Pre-opening costs	3,267		4,338		9,413		11,636
Total lease cost			$	15,493	$	15,771	$	45,341	$	42,917

A summary of lease terms and discount rates for finance and operating leases as of September 23, 2020 and December 25, 2019 is as follows:


		September 23 2020		December 25 2019
Weighted-average remaining lease term (years):
	Finance leases	5.3		5.1
	Operating leases	9.8		10.1
Weighted-average discount rate:
	Finance leases	3.6	%	3.7	%
	Operating leases	3.8	%	5.4	%

Supplemental cash flow information related to leases for the thirty-nine weeks ended September 23, 2020 and September 25, 2019 is as follows:


		Thirty-Nine Weeks Ended
		September 23 2020	September 25 2019
Cash paid for amounts included in the measurement of lease liabilities:
	Operating cash flows from finance leases	161	$	148
	Operating cash flows from operating leases	29,449	27,238
	Financing cash flows from finance leases	1,670	1,433
Right-of-use assets obtained in exchange for lease obligations:
	Finance leases	1,411	1,927
	Operating leases	42,502	65,773

As of September 23, 2020, future minimum lease payments for finance and operating leases consisted of the following:

As of September 23, 2020, future minimum lease payments for finance and operating leases consisted of the following: