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LEASES (Tables)

12 Months Ended

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

X

- 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

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X

- References

No definition available.

+ Details

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X

- 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

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