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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Components of Lease Cost | The components of lease cost for the fiscal years ended December 31, 2023 and December 25, 2022 were as follows:
(dollar amounts in thousands) | Classification | December 31, 2023 |  | December 25, 2022
Operating lease cost | Occupancy and related expense General and administrative expense Pre-opening costs | 48,168 |  |  | 43,722 |
Variable lease cost | Occupancy and related expense General and administrative expense | 11,055 |  |  | 7,958 |
Short term lease cost | Occupancy and related expense General and administrative expense | 422 |  |  | 145 |
Sublease income | General and administrative expense | (356) |  |  | (711) |
Total lease cost |  | $ | 59,289 |  |  | $ | 51,114 |
A summary of lease terms and discount rates for operating leases as of December 31, 2023 and December 25, 2022 is as follows:
| December 31, 2023 |  | December 25, 2022
Weighted average remaining lease term (years): |  |  |
Operating Leases | 7.41 |  | 7.98
Weighted average discount rate: |  |  |
Operating Leases | 6.51 | % |  | 6.09 | %
Supplemental cash flow information related to leases as of December 31, 2023 and December 25, 2022 is as follows:
| December 31, 2023 |  | December 25, 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases, net of lease incentives | $ | 42,425 |  |  | $ | 29,230 |
Right of use assets obtained in exchange for lease obligations: |  |  |
Operating leases | $ | 24,416 |  |  | $ | 57,396 |
As such, the following table below outlines the components of rent expense for the fiscal years ended December 26, 2021:
(dollar amounts in thousands) |  | Fiscal Year Ended December 26, 2021 |  |
Base rent |  | $ | 31,901 |  |  |
Contingent rent |  | 696 |  |  |
Pre-opening rent |  | 3,098 |  |  |
Less: sublease income |  | (247) |  |  |
Net rent |  | $ | 35,448 |  |  |
Future Minimum Lease Payments | As of December 31, 2023, future minimum lease payments for operating leases consisted of the following:
(dollar amounts in thousands) |
2024 | 50,658 |
2025 | 55,656 |
2026 | 54,582 |
2027 | 50,363 |
2028 | 44,248 |
Thereafter | 138,292 |
Total | 393,799 |
Less: imputed interest | 90,934 |
Total lease liabilities | 302,865 |

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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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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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