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Lease Commitments (Tables)
 3 Months Ended
Mar. 30, 2024
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
The following table presents the assets and liabilities related to the Company’s leases as of March 30, 2024 and December 30, 2023:
Lease assets and liabilitiesMarch 30, 2024December 30, 2023
(In thousands)
AssetsClassification
Operating lease right-of-use assetsOperating lease right-of-use assets$34,869 $37,227 
Finance lease right-of-use assets (1)
Property and equipment, net141,570 138,357 
Total lease right-of-use assets$176,439 $175,584 
Liabilities
Current portion:
Operating lease liabilitiesOperating lease liabilities - current$5,824 $6,284 
Finance lease liabilitiesFinance lease liabilities - current12,157 11,178 
Non-current portion:
Operating lease liabilitiesOperating lease liabilities - noncurrent30,248 32,519 
Finance lease liabilitiesFinance lease liabilities - noncurrent279,910 274,248 
Total lease liabilities$328,139 $324,229 
(1) Finance lease right-of-use assets are presented net of accumulated amortization of $102.4 million and $102.9 million as of March 30, 2024 and December 30, 2023, respectively.
Supplemental balance sheet information related to leases was as follows:
Balance sheet informationMarch 30, 2024December 30, 2023
($ in thousands)
Finance leases
   Property and equipment$243,920$241,276
   Accumulated depreciation(102,350)(102,919)
Property and equipment, net$141,570$138,357
Weighted Average Remaining Lease Term (in years)
   Operating leases8.978.88
   Finance leases18.3519.94
Weighted Average Discount Rate
   Operating leases8.79 %8.74 %
   Finance leases8.85 %8.84 %
The major categories of the Company’s finance lease liabilities as of March 30, 2024 and December 30, 2023 are as follows:
CategoryMarch 30, 2024December 30, 2023
(In thousands)
Equipment and vehicles$48,445 $42,252 
Real estate243,622 243,174 
Total finance leases$292,067 $285,426 
Schedule of Lease Cost
The components of lease expense were as follows:
Three Months Ended
Components of lease expenseMarch 30, 2024April 1, 2023
(In thousands)
Operating lease cost:
Operating lease cost$2,446 $2,918 
Sublease income(861)(578)
Total operating lease costs$1,585 $2,340 
Finance lease cost:
   Amortization of right-of-use assets$4,736 $2,089 
   Interest on lease liabilities6,291 6,044 
Total finance lease costs$11,027 $8,133 

Supplemental cash flow information related to leases was as follows:
Three Months Ended
Cash flow informationMarch 30, 2024April 1, 2023
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
   Operating cash flows from operating leases$2,509 $3,458 
   Operating cash flows from finance leases$6,291 $6,044 
   Financing cash flows from finance leases$3,072 $2,133 
Non-cash supplemental cash flow information related to leases was as follows:
Three Months Ended
Non-cash informationMarch 30, 2024April 1, 2023
(In thousands)
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$— $— 
Finance leases$8,177 $— 
Schedule of Operating Lease Maturities
Fiscal yearOperating leasesFinance leases
(In thousands)
2024$7,257 $28,661 
20258,768 33,374 
20265,344 36,810 
20274,044 31,223 
20283,914 31,316 
Thereafter24,976 500,233 
Total lease payments$54,303 $661,617 
Less: imputed interest(18,231)(369,550)
Total$36,072 $292,067 
Schedule of Finance Lease Maturities
Fiscal yearOperating leasesFinance leases
(In thousands)
2024$7,257 $28,661 
20258,768 33,374 
20265,344 36,810 
20274,044 31,223 
20283,914 31,316 
Thereafter24,976 500,233 
Total lease payments$54,303 $661,617 
Less: imputed interest(18,231)(369,550)
Total$36,072 $292,067