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Leases | 9 Months Ended
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Sep. 24, 2023
Leases [Abstract] |
Leases | Leases The following table includes a detail of lease assets and liabilities included on the Company’s Consolidated Balance Sheets as of the periods indicated:
(dollars in thousands) | CONSOLIDATED BALANCE SHEET CLASSIFICATION |  | SEPTEMBER 24, 2023 |  | DECEMBER 25, 2022
Operating lease right-of-use assets | Operating lease right-of-use assets |  | $ | 1,109,295 |  |  | $ | 1,103,083 |
Finance lease right-of-use assets (1) | Property, fixtures and equipment, net |  | 9,538 |  |  | 4,679 |
Total lease assets, net |  |  | $ | 1,118,833 |  |  | $ | 1,107,762 |
Current operating lease liabilities | Current operating lease liabilities |  | $ | 185,659 |  |  | $ | 183,510 |
Current finance lease liabilities | Accrued and other current liabilities |  | 2,373 |  |  | 1,636 |
Non-current operating lease liabilities (2) | Non-current operating lease liabilities |  | 1,151,574 |  |  | 1,148,379 |
Non-current finance lease liabilities | Other long-term liabilities, net |  | 7,750 |  |  | 3,149 |
Total lease liabilities |  |  | $ | 1,347,356 |  |  | $ | 1,336,674 |
________________ (1)Net of accumulated amortization of $4.1 million and $3.6 million as of September 24, 2023 and December 25, 2022, respectively. (2)Excludes immaterial COVID-19-related deferred rent accruals. Following is a summary of expenses and income related to leases recognized in the Company’s Consolidated Statements of Operations and Comprehensive Income for the periods indicated:
| CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME CLASSIFICATION |  | THIRTEEN WEEKS ENDED |  | THIRTY-NINE WEEKS ENDED
(dollars in thousands) |  | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022 |  | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022
Operating lease cost (1) | Other restaurant operating |  | $ | 46,686 |  |  | $ | 45,817 |  |  | $ | 138,670 |  |  | $ | 136,757 |
Variable lease cost | Other restaurant operating |  | 2,081 |  |  | 1,519 |  |  | 5,434 |  |  | 5,021 |
Finance lease costs: |  |  |  |  |  |  |  |  |
Amortization of leased assets | Depreciation and amortization |  | 572 |  |  | 355 |  |  | 1,609 |  |  | 1,048 |
Interest on lease liabilities | Interest expense, net |  | 191 |  |  | 44 |  |  | 501 |  |  | 120 |
Sublease revenue | Franchise and other revenues |  | (2,530) |  |  | (2,455) |  |  | (5,873) |  |  | (7,449) |
Lease costs, net |  |  | $ | 47,000 |  |  | $ | 45,280 |  |  | $ | 140,341 |  |  | $ | 135,497 |
________________ (1)Excludes rent expense for office facilities and Company-owned closed or subleased properties of $3.1 million for the thirteen weeks ended September 24, 2023 and September 25, 2022 and $9.1 million for the thirty-nine weeks ended September 24, 2023 and September 25, 2022, which is included in General and administrative expense. The following table is a summary of cash flow impacts to the Company’s Consolidated Financial Statements related to its leases for the periods indicated:
| THIRTY-NINE WEEKS ENDED
(dollars in thousands) | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022
Cash flows from operating activities: |  |  |
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 147,051 |  |  | $ | 145,797 |
Leases | Leases The following table includes a detail of lease assets and liabilities included on the Company’s Consolidated Balance Sheets as of the periods indicated:
(dollars in thousands) | CONSOLIDATED BALANCE SHEET CLASSIFICATION |  | SEPTEMBER 24, 2023 |  | DECEMBER 25, 2022
Operating lease right-of-use assets | Operating lease right-of-use assets |  | $ | 1,109,295 |  |  | $ | 1,103,083 |
Finance lease right-of-use assets (1) | Property, fixtures and equipment, net |  | 9,538 |  |  | 4,679 |
Total lease assets, net |  |  | $ | 1,118,833 |  |  | $ | 1,107,762 |
Current operating lease liabilities | Current operating lease liabilities |  | $ | 185,659 |  |  | $ | 183,510 |
Current finance lease liabilities | Accrued and other current liabilities |  | 2,373 |  |  | 1,636 |
Non-current operating lease liabilities (2) | Non-current operating lease liabilities |  | 1,151,574 |  |  | 1,148,379 |
Non-current finance lease liabilities | Other long-term liabilities, net |  | 7,750 |  |  | 3,149 |
Total lease liabilities |  |  | $ | 1,347,356 |  |  | $ | 1,336,674 |
________________ (1)Net of accumulated amortization of $4.1 million and $3.6 million as of September 24, 2023 and December 25, 2022, respectively. (2)Excludes immaterial COVID-19-related deferred rent accruals. Following is a summary of expenses and income related to leases recognized in the Company’s Consolidated Statements of Operations and Comprehensive Income for the periods indicated:
| CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME CLASSIFICATION |  | THIRTEEN WEEKS ENDED |  | THIRTY-NINE WEEKS ENDED
(dollars in thousands) |  | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022 |  | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022
Operating lease cost (1) | Other restaurant operating |  | $ | 46,686 |  |  | $ | 45,817 |  |  | $ | 138,670 |  |  | $ | 136,757 |
Variable lease cost | Other restaurant operating |  | 2,081 |  |  | 1,519 |  |  | 5,434 |  |  | 5,021 |
Finance lease costs: |  |  |  |  |  |  |  |  |
Amortization of leased assets | Depreciation and amortization |  | 572 |  |  | 355 |  |  | 1,609 |  |  | 1,048 |
Interest on lease liabilities | Interest expense, net |  | 191 |  |  | 44 |  |  | 501 |  |  | 120 |
Sublease revenue | Franchise and other revenues |  | (2,530) |  |  | (2,455) |  |  | (5,873) |  |  | (7,449) |
Lease costs, net |  |  | $ | 47,000 |  |  | $ | 45,280 |  |  | $ | 140,341 |  |  | $ | 135,497 |
________________ (1)Excludes rent expense for office facilities and Company-owned closed or subleased properties of $3.1 million for the thirteen weeks ended September 24, 2023 and September 25, 2022 and $9.1 million for the thirty-nine weeks ended September 24, 2023 and September 25, 2022, which is included in General and administrative expense. The following table is a summary of cash flow impacts to the Company’s Consolidated Financial Statements related to its leases for the periods indicated:
| THIRTY-NINE WEEKS ENDED
(dollars in thousands) | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022
Cash flows from operating activities: |  |  |
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 147,051 |  |  | $ | 145,797 |

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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