LEASES (Tables)

12 Months Ended

Dec. 30, 2020

A summary of finance and operating lease right-of-use assets and liabilities as of December 30, 2020 and December 25, 2019 is as follows:


	Classification	December 30, 2020		December 25, 2019
Finance leases	Property and equipment, net	$	5,409	$	5,444
Operating leases	Operating lease assets	306,317		274,426
Total right-of-use assets		$	311,726	$	279,870




Finance leases:
	Other current liabilities	$	1,998	$	1,873
	Other long-term liabilities	3,586		3,643
Operating leases:
	Operating lease liabilities, current	35,657		30,002
	Long-term operating lease liabilities	343,736		304,914
Total lease liabilities		$	384,977	$	340,432

The components of lease expense for fiscal 2020 and fiscal 2019 are as follows:


		Classification	December 30 2020		December 25 2019
Finance lease cost:
	Amortization of right-of-use assets	Depreciation expense	$	2,257	$	1,998
	Interest on lease liabilities	Interest expense	213		193
Operating lease cost		Occupancy and related expenses Pre-opening costs General and administrative expenses	44,910		40,068
Short-term lease cost		Occupancy and related expenses	494		394
Variable lease cost		Occupancy and related expenses Other operating expenses Pre-opening costs General and administrative expenses	13,766		16,060
Total lease cost			$	61,640	$	58,713

A summary of lease terms and discount rates for finance and operating leases as of December 30, 2020 and December 25, 2019 is as follows:


		December 30 2020		December 25 2019
Weighted-average remaining lease term (years):
	Finance leases	5.2		5.1
	Operating leases	9.7		10.1
Weighted-average discount rate:
	Finance leases	3.6	%	3.7	%
	Operating leases	4.2	%	5.4	%

Supplemental cash flow information related to leases as of December 30, 2020 and December 25, 2019 is as follows:


		December 30 2020		December 25 2019
Cash paid for amounts included in the measurement of lease liabilities:
	Operating cash flows from finance leases	$	213	$	193
	Operating cash flows from operating leases	42,144		37,468
	Financing cash flows from finance leases	2,206		1,926
Right-of-use assets obtained in exchange for lease obligations:
	Finance leases	2,298		2,831
	Operating leases	59,969		65,556

As of December 30, 2020, future minimum lease payments for finance and operating leases consisted of the following:

As of December 30, 2020, future minimum lease payments for finance and operating leases consisted of the following: