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Leases (Tables) | 6 Months Ended
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Jun. 30, 2024
Leases [Abstract] |
Assets and liabilities, lessee | 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 |  | JUNE 30, 2024 |  | DECEMBER 31, 2023
Operating lease right-of-use assets | Operating lease right-of-use assets |  | $ | 1,074,261 |  |  | $ | 1,084,951 |
Finance lease right-of-use assets (1) | Property, fixtures and equipment, net |  | 8,338 |  |  | 9,941 |
Total lease assets, net |  |  | $ | 1,082,599 |  |  | $ | 1,094,892 |
Current operating lease liabilities | Current operating lease liabilities |  | $ | 169,397 |  |  | $ | 175,442 |
Current finance lease liabilities | Accrued and other current liabilities |  | 2,437 |  |  | 3,197 |
Non-current operating lease liabilities | Non-current operating lease liabilities |  | 1,134,464 |  |  | 1,131,639 |
Non-current finance lease liabilities | Other long-term liabilities, net |  | 6,725 |  |  | 7,414 |
Total lease liabilities |  |  | $ | 1,313,023 |  |  | $ | 1,317,692 |
________________ (1)Net of accumulated amortization of $6.1 million and $4.7 million as of June 30, 2024 and December 31, 2023, respectively.
Lease, cost | Following is a summary of expenses and income related to leases recognized in the Company’s Consolidated Statements of Operations and Comprehensive Income (Loss) for the periods indicated:
| CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) CLASSIFICATION |  | THIRTEEN WEEKS ENDED |  | TWENTY-SIX WEEKS ENDED
(dollars in thousands) |  | JUNE 30, 2024 |  | JUNE 25, 2023 |  | JUNE 30, 2024 |  | JUNE 25, 2023
Operating lease cost (1) | Other restaurant operating |  | $ | 45,131 |  |  | $ | 46,237 |  |  | $ | 90,935 |  |  | $ | 91,984 |
Variable lease cost | Other restaurant operating |  | 2,222 |  |  | 1,629 |  |  | 4,782 |  |  | 3,353 |
Finance lease costs: |  |  |  |  |  |  |  |  |
Amortization of leased assets | Depreciation and amortization |  | 779 |  |  | 549 |  |  | 1,567 |  |  | 1,037 |
Interest on lease liabilities | Interest expense, net |  | 188 |  |  | 174 |  |  | 390 |  |  | 310 |
Sublease revenue | Franchise and other revenues |  | (1,845) |  |  | (1,635) |  |  | (3,593) |  |  | (3,343) |
Lease costs, net |  |  | $ | 46,475 |  |  | $ | 46,954 |  |  | $ | 94,081 |  |  | $ | 93,341 |
________________ (1)Excludes rent expense for office facilities and Company-owned closed or subleased properties of $3.7 million and $3.0 million for the thirteen weeks ended June 30, 2024 and June 25, 2023, respectively, and $7.2 million and $6.0 million for the twenty-six weeks ended June 30, 2024 and June 25, 2023, respectively, which is included in General and administrative expense.
Cash flow, operating activities | 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:
| TWENTY-SIX WEEKS ENDED
(dollars in thousands) | JUNE 30, 2024 |  | JUNE 25, 2023
Cash flows from operating activities: |  |  |
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 99,566 |  |  | $ | 97,804 |

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- Definition Tabular disclosure of lessee's classification of lease assets and liabilities that are located within the balance sheet. + References No definition available. + Details
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- Definition Tabular disclosure of a lessee's classification of leases within the cash flow statement. + References No definition available. + Details
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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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- References No definition available. + Details
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