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Leases (Tables)
 9 Months Ended
Sep. 29, 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 CLASSIFICATIONSEPTEMBER 29, 2024DECEMBER 31, 2023
Operating lease right-of-use assetsOperating lease right-of-use assets$1,081,498 $1,084,951 
Finance lease right-of-use assets (1)Property, fixtures and equipment, net8,733 9,941 
Total lease assets, net$1,090,231 $1,094,892 
Current operating lease liabilitiesCurrent operating lease liabilities$169,407 $175,442 
Current finance lease liabilitiesAccrued and other current liabilities2,481 3,197 
Non-current operating lease liabilitiesNon-current operating lease liabilities1,141,936 1,131,639 
Non-current finance lease liabilitiesOther long-term liabilities, net7,127 7,414 
Total lease liabilities$1,320,951 $1,317,692 
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(1)Net of accumulated amortization of $5.3 million and $4.7 million as of September 29, 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 (Loss) Income for the periods indicated:
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME CLASSIFICATIONTHIRTEEN WEEKS ENDEDTHIRTY-NINE WEEKS ENDED
(dollars in thousands)SEPTEMBER 29, 2024SEPTEMBER 24, 2023SEPTEMBER 29, 2024SEPTEMBER 24, 2023
Operating lease cost (1)Other restaurant operating$44,622 $46,686 $135,557 $138,670 
Variable lease costOther restaurant operating2,085 2,081 6,867 5,434 
Finance lease costs:
Amortization of leased assetsDepreciation and amortization732 572 2,299 1,609 
Interest on lease liabilitiesInterest expense, net191 191 581 501 
Sublease revenueFranchise and other revenues(1,833)(2,530)(5,426)(5,873)
Lease costs, net$45,797 $47,000 $139,878 $140,341 
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(1)Excludes rent expense for office facilities and Company-owned closed or subleased properties of $3.7 million and $3.1 million for the thirteen weeks ended September 29, 2024 and September 24, 2023, respectively, and $10.9 million and $9.1 million for the thirty-nine weeks ended September 29, 2024 and September 24, 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:
THIRTY-NINE WEEKS ENDED
(dollars in thousands)SEPTEMBER 29, 2024SEPTEMBER 24, 2023
Cash flows from operating activities:
Cash paid for amounts included in the measurement of operating lease liabilities$147,845 $147,051