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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
Accounting Policies [Abstract] |
Fair value measurements, recurring and nonrecurring, valuation techniques | Fair value is categorized into one of the following three levels based on the lowest level of significant input:
Level 1 | Unadjusted quoted market prices in active markets for identical assets or liabilities
Level 2 | Observable inputs available at measurement date other than quoted prices included in Level 1
Level 3 | Unobservable inputs that cannot be corroborated by observable market data
Property, fixtures and equipment, useful lives | Estimated useful lives by major asset category are generally as follows:
Buildings (1) | 5 to 30 years
Furniture and fixtures | 5 to 7 years
Equipment | 2 to 7 years
Computer equipment and software | 2 to 7 years
____________________ (1)Includes improvements to leased properties which are depreciated over the shorter of their useful life or the reasonably certain lease term, including renewal periods that are reasonably certain. Property, fixtures and equipment, net, consisted of the following as of the periods indicated:
(dollars in thousands) | DECEMBER 31, 2023 |  | DECEMBER 25, 2022
Land | $ | 34,654 |  |  | $ | 37,596 |
Buildings | 1,269,214 |  |  | 1,223,403 |
Furniture and fixtures | 526,192 |  |  | 489,895 |
Equipment | 830,644 |  |  | 739,136 |
Construction in progress | 78,949 |  |  | 41,723 |
Less: accumulated depreciation | (1,707,731) |  |  | (1,617,611) |
| $ | 1,031,922 |  |  | $ | 914,142 |
Schedule of material reclassification adjustments from the adoption of ASU 2020-06 | The Company adopted ASU No. 2020-06 using the modified retrospective approach which resulted in a cumulative-effect adjustment that increased (decreased) the following Consolidated Balance Sheet accounts during the first quarter of 2021:
ADJUSTMENT |  | CONSOLIDATED BALANCE SHEET CLASSIFICATION |  | AMOUNT (dollars in millions)
Deferred tax impact of cumulative-effect adjustment |  | Deferred income tax assets, net |  | $ | 14.9 |
Debt discount reclassification |  | Long-term debt, net |  | $ | 59.9 |
Equity issuance costs reclassification |  | Long-term debt, net |  | $ | (2.1) |
Debt discount amortization reclassification, net of tax |  | Accumulated deficit |  | $ | 4.4 |
Reversal of separated equity component, net of tax |  | Additional paid-in capital |  | $ | (47.3) |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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