PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 25, 2022

Property, Plant and Equipment [Abstract]

Property and equipment are stated at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized using the straight-line method over the shorter of the lease term or estimated useful life. A summary of property and equipment is as follows:


(dollar amounts in thousands)	December 25, 2022		December 26, 2021
Furniture and fixtures	$	27,262	$	26,168
Computers and other equipment	30,543		22,890
Kitchen equipment	71,304		47,911
Leasehold improvements	212,825		167,362
Assets not yet placed in service	34,767		21,981
Total property and equipment	376,701		286,312
Less: accumulated depreciation	(141,444)		(105,646)
Property and equipment - net	$	235,257	$	180,666

Depreciation expense for the fiscal years ended December 25, 2022, December 26, 2021, and December 27, 2020 was $38.8 million, $29.2 million, and $23.6 million, respectively.

Loss on asset disposals for the fiscal years ended December 25, 2022, December 26, 2021, and December 27, 2020, was $0.3 million, $0.1 million, and $0.9 million, respectively.

As of December 25, 2022, the Company had twenty facilities under construction due to open during 2023. Depreciation commences after a store opens and the related assets are placed in service.

Based on the Company’s review of its property and equipment for impairment, the Company recorded non-cash impairment charges of $8.8 million for the fiscal year ended December 25, 2022, of which $2.0 million was recorded within impairment and closure costs and $6.8 million was recorded within restructuring charges within the consolidated statement of operations. For the fiscal years ended December 26, 2021 and December 27, 2020, the Company recorded non-cash impairment charges of $4.4 million and $1.5 million, respectively, within impairment and closure costs in the consolidated statement of operations.