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v3.22.4

Leases | 12 Months Ended
--- | ---
Dec. 30, 2022
Leases [Abstract] |
Leases | Leases The components of net lease cost were as follows:
| Fiscal Year Ended
| December 30, 2022 |  | December 24, 2021 |  | December 25, 2020 |  |
Operating lease cost | $ | 31,346 |  |  | $ | 26,531 |  |  | $ | 27,521 |  |  |
Finance lease cost: |  |  |  |  |  |  |
Amortization of right-of-use asset | 3,715 |  |  | 4,667 |  |  | 4,166 |  |  |
Interest expense on lease liabilities | 442 |  |  | 555 |  |  | 552 |  |  |
Total finance lease cost | $ | 4,157 |  |  | $ | 5,222 |  |  | $ | 4,718 |  |  |
Short-term lease cost | 5,481 |  |  | 3,491 |  |  | 2,475 |  |  |
Variable lease cost | 7,715 |  |  | 3,331 |  |  | 1,990 |  |  |
Sublease income | (1,344) |  |  | (430) |  |  | (96) |  |  |
Total lease cost, net | $ | 47,355 |  |  | $ | 38,145 |  |  | $ | 36,608 |  |  |
The maturities of the Company’s lease liabilities for each of the next five fiscal years and thereafter at December 30, 2022 were as follows:
| Operating Leases |  | Finance Leases
| Related Party Real Estate |  | Third Party Real Estate |  | Vehicles and Equipment |  | Total |  | Vehicles and Equipment
2023 | $ | 387 |  |  | $ | 22,597 |  |  | $ | 7,767 |  |  | $ | 30,751 |  |  | $ | 3,637 |
2024 | — |  |  | 20,773 |  |  | 5,115 |  |  | 25,888 |  |  | 3,049 |
2025 | — |  |  | 18,282 |  |  | 3,242 |  |  | 21,524 |  |  | 2,491 |
2026 | — |  |  | 16,889 |  |  | 1,546 |  |  | 18,435 |  |  | 1,693 |
2027 | — |  |  | 16,655 |  |  | 1,027 |  |  | 17,682 |  |  | 607 |
Thereafter | — |  |  | 134,768 |  |  | 27 |  |  | 134,795 |  |  | 663 |
Total | $ | 387 |  |  | $ | 229,964 |  |  | $ | 18,724 |  |  | $ | 249,075 |  |  | $ | 12,140 |
Less imputed interest |  |  |  |  |  |  | (78,241) |  |  | (809) |
Present value of lease obligations |  |  |  |  |  | $ | 170,834 |  |  | $ | 11,331 |
Supplemental balance sheet information related to finance leases was as follows:
| Balance Sheet Location | December 30, 2022 |  | December 24, 2021
Short-term finance lease liabilities | Current portion of long-term debt | $ | 3,211 |  |  | $ | 3,429 |
Long-term finance lease liabilities | Long-term debt, net of current portion | $ | 8,120 |  |  | $ | 8,173 |
At December 30, 2022, the weighted-average lease term for operating and finance leases was 11.0 years and 4.0 years, respectively. At December 30, 2022, the weighted-average discount rate for operating and finance leases was 6.7% and 4.6%, respectively. As of December 30, 2022, the Company is contractually obligated to make payments over the next 14 years of approximately $44,593 related to long-term leases for a distribution facility, vehicles and material handling equipment that have not commenced. Accordingly, the Company has not recognized ROU assets or lease liabilities associated with these leases.
Leases | Leases The components of net lease cost were as follows:
| Fiscal Year Ended
| December 30, 2022 |  | December 24, 2021 |  | December 25, 2020 |  |
Operating lease cost | $ | 31,346 |  |  | $ | 26,531 |  |  | $ | 27,521 |  |  |
Finance lease cost: |  |  |  |  |  |  |
Amortization of right-of-use asset | 3,715 |  |  | 4,667 |  |  | 4,166 |  |  |
Interest expense on lease liabilities | 442 |  |  | 555 |  |  | 552 |  |  |
Total finance lease cost | $ | 4,157 |  |  | $ | 5,222 |  |  | $ | 4,718 |  |  |
Short-term lease cost | 5,481 |  |  | 3,491 |  |  | 2,475 |  |  |
Variable lease cost | 7,715 |  |  | 3,331 |  |  | 1,990 |  |  |
Sublease income | (1,344) |  |  | (430) |  |  | (96) |  |  |
Total lease cost, net | $ | 47,355 |  |  | $ | 38,145 |  |  | $ | 36,608 |  |  |
The maturities of the Company’s lease liabilities for each of the next five fiscal years and thereafter at December 30, 2022 were as follows:
| Operating Leases |  | Finance Leases
| Related Party Real Estate |  | Third Party Real Estate |  | Vehicles and Equipment |  | Total |  | Vehicles and Equipment
2023 | $ | 387 |  |  | $ | 22,597 |  |  | $ | 7,767 |  |  | $ | 30,751 |  |  | $ | 3,637 |
2024 | — |  |  | 20,773 |  |  | 5,115 |  |  | 25,888 |  |  | 3,049 |
2025 | — |  |  | 18,282 |  |  | 3,242 |  |  | 21,524 |  |  | 2,491 |
2026 | — |  |  | 16,889 |  |  | 1,546 |  |  | 18,435 |  |  | 1,693 |
2027 | — |  |  | 16,655 |  |  | 1,027 |  |  | 17,682 |  |  | 607 |
Thereafter | — |  |  | 134,768 |  |  | 27 |  |  | 134,795 |  |  | 663 |
Total | $ | 387 |  |  | $ | 229,964 |  |  | $ | 18,724 |  |  | $ | 249,075 |  |  | $ | 12,140 |
Less imputed interest |  |  |  |  |  |  | (78,241) |  |  | (809) |
Present value of lease obligations |  |  |  |  |  | $ | 170,834 |  |  | $ | 11,331 |
Supplemental balance sheet information related to finance leases was as follows:
| Balance Sheet Location | December 30, 2022 |  | December 24, 2021
Short-term finance lease liabilities | Current portion of long-term debt | $ | 3,211 |  |  | $ | 3,429 |
Long-term finance lease liabilities | Long-term debt, net of current portion | $ | 8,120 |  |  | $ | 8,173 |
At December 30, 2022, the weighted-average lease term for operating and finance leases was 11.0 years and 4.0 years, respectively. At December 30, 2022, the weighted-average discount rate for operating and finance leases was 6.7% and 4.6%, respectively. As of December 30, 2022, the Company is contractually obligated to make payments over the next 14 years of approximately $44,593 related to long-term leases for a distribution facility, vehicles and material handling equipment that have not commenced. Accordingly, the Company has not recognized ROU assets or lease liabilities associated with these leases.

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