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Leases (Tables) | 6 Months Ended
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Jul. 13, 2024
Leases [Abstract] |
Lease Modifications and Renewals and Lease Terminations | The following table details lease modifications and renewals and lease terminations (amounts in thousands):
|  | For the Twelve Weeks Ended |  |  | For the Twenty-Eight Weeks Ended |
|  | July 13, 2024 |  |  | July 15, 2023 |  |  | July 13, 2024 |  |  | July 15, 2023 |
Lease modifications and renewals |  | $ | 4,171 |  |  | $ | 7,417 |  |  | $ | 20,637 |  |  | $ | 24,765 |
Lease terminations |  | $ | 221 |  |  | $ | 169 |  |  | $ | 1,551 |  |  | $ | 205 |
Lease Costs Incurred By Lease Type, and/or Type Of Payment | Lease costs incurred by lease type, and/or type of payment, and other supplemental quantitative disclosures as of and for the twelve and twenty-eight weeks ended July 13, 2024 and July 15, 2023, respectively, were as follows (amounts in thousands):
|  | For the Twelve Weeks Ended |  |  | For the Twenty-Eight Weeks Ended |
|  | July 13, 2024 |  |  | July 15, 2023 |  |  | July 13, 2024 |  |  | July 15, 2023 |
Lease cost: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  | $ | 64 |  |  | $ | 393 |  |  | $ | 151 |  |  | $ | 917 |
Interest on lease liabilities |  |  | 2 |  |  |  | 9 |  |  |  | 4 |  |  |  | 25 |
Operating lease cost |  |  | 16,419 |  |  |  | 14,497 |  |  |  | 37,498 |  |  |  | 33,815 |
Short-term lease cost |  |  | 2,724 |  |  |  | 787 |  |  |  | 3,427 |  |  |  | 1,612 |
Variable lease cost |  |  | 8,571 |  |  |  | 8,789 |  |  |  | 22,348 |  |  |  | 19,713 |
Total lease cost |  | $ | 27,780 |  |  | $ | 24,475 |  |  | $ | 63,428 |  |  | $ | 56,082 |
|  | For the Twenty-Eight Weeks Ended |
|  | July 13, 2024 |  |  | July 15, 2023 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows from financing leases |  | $ | 4 |  |  | $ | 25 |
Operating cash flows from operating leases |  | $ | 41,425 |  |  | $ | 36,627 |
Financing cash flows from financing leases |  | $ | 169 |  |  | $ | 1,052 |
Right-of-use assets obtained in exchange for new financing lease liabilities |  | $ | 215 |  |  | $ | — |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 40,393 |  |  | $ | 25,193 |
Other Supplemental Quantitative Disclosures |
Weighted-average remaining lease term (years): |  |  |
Financing leases |  |  | 2.0 |
Operating leases |  |  | 6.8 |
Weighted-average IBR (percentage): |  |  |
Financing leases |  |  | 3.6 |
Operating leases |  |  | 4.6 |
Estimated Undiscounted Future Lease Payments Under Non-Cancelable Operating Leases and Financing Leases with Reconciliation of Undiscounted Cash Flows | Estimated undiscounted future lease payments under non-cancelable operating leases and financing leases, along with a reconciliation of the undiscounted cash flows to operating and financing lease liabilities, respectively, as of July 13, 2024 (in thousands) were as follows:
|  | Operating lease liabilities |  |  | Financing lease liabilities |
Remainder of 2024 |  | $ | 31,834 |  |  | $ | 77 |
2025 |  |  | 74,383 |  |  |  | 50 |
2026 |  |  | 55,772 |  |  |  | 38 |
2027 |  |  | 47,553 |  |  |  | 17 |
2028 |  |  | 33,854 |  |  |  | 8 |
2029 and thereafter |  |  | 112,434 |  |  |  | 1 |
Total minimum lease payments |  |  | 355,830 |  |  |  | 191 |
Less: amount of lease payments representing interest |  |  | (51,888 | ) |  |  | (8 | )
Present value of future minimum lease payments |  |  | 303,942 |  |  |  | 183 |
Less: current obligations under leases |  |  | (59,975 | ) |  |  | (164 | )
Long-term lease obligations |  | $ | 243,967 |  |  | $ | 19 |

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- Definition Other supplemental quantitative disclosures related to leases. + References No definition available. + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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