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LEASES (Tables) | 12 Months Ended
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Dec. 29, 2024
Leases [Abstract] |
Components of Lease Cost | The components of lease cost were as follows:
(dollar amounts in thousands) | Classification | December 29, 2024 |  | December 31, 2023 |  | December 25, 2022
Operating lease cost | Occupancy and related expense General and administrative expense Pre-opening costs | 51,576 |  |  | 48,168 |  |  | 43,722
Variable lease cost | Occupancy and related expense General and administrative expense | 12,219 |  |  | 11,055 |  |  | 7,958
Short term lease cost | Occupancy and related expense General and administrative expense | 612 |  |  | 422 |  |  | 145
Sublease income | General and administrative expense | — |  |  | (356) |  |  | (711)
Total lease cost |  | $ | 64,407 |  |  | $ | 59,289 |  |  | $ | 51,114 |
A summary of lease terms and discount rates for operating leases as of December 29, 2024 and December 31, 2023 is as follows:
| December 29, 2024 |  | December 31, 2023
Weighted average remaining lease term (years): |  |  |
Operating Leases | 7.32 |  | 7.41
Weighted average discount rate: |  |  |
Operating Leases | 6.75 | % |  | 6.51 | %
Supplemental cash flow information related to leases as of December 29, 2024, December 31, 2023 and December 25, 2022 as follows:
| December 29, 2024 |  | 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 | $ | 39,965 |  |  | $ | 42,425 |  |  | $ | 29,230 |
Right of use assets obtained in exchange for lease obligations: |  |  |  |  |
Operating leases | $ | 46,167 |  |  | $ | 24,416 |  |  | $ | 57.396 |
Derecognition of operating lease assets due to termination or impairment | $ | 389 |  |  | $ | 4,291 |  |  | $ | 6,228 |
Future Minimum Lease Payments | As of December 29, 2024, future minimum lease payments for operating leases consisted of the following:
(dollar amounts in thousands) |
2025 | 61,431 |
2026 | 61,647 |
2027 | 58,124 |
2028 | 52,188 |
2029 | 50,261 |
Thereafter | 144,004 |
Total | 427,655 |
Less: imputed interest | 96,941 |
Total lease liabilities | 330,714 |

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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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