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Leases (Tables) | 12 Months Ended
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Dec. 29, 2021
Leases [Abstract] |
Schedule of Components of Lease Costs and Lease Terms and Discount Rates | The components of lease costs were as follows:
|  |  | Fiscal Year Ended
| Classification |  | December 29, 2021 |  | December 30, 2020
|  |  | (In thousands)
Lease costs |  |  |  |  |
Finance lease costs: |  |  |  |  |
Amortization of right-of-use assets | Depreciation and amortization |  | $ | 1,895 |  |  | $ | 1,870 |
Interest on lease liabilities | Interest expense, net |  | 2,960 |  |  | 3,129 |
Operating lease costs: |  |  |  |  |
Operating lease costs - company | Occupancy |  | 6,394 |  |  | 6,432 |
Operating lease costs - franchise | Costs of franchise and license revenue |  | 17,106 |  |  | 18,682 |
Operating lease costs - general and administrative | General and administrative expenses |  | 432 |  |  | 100 |
Operating lease costs - closed stores | Restructuring charges and exit costs |  | 356 |  |  | 173 |
Variable lease costs: |  |  |  |  |
Variable lease costs - company | Occupancy |  | 3,275 |  |  | 2,854 |
Variable lease costs - franchise | Costs of franchise and license revenue |  | 7,172 |  |  | 6,102 |
Variable lease costs - general and administrative | General and administrative expenses |  | 218 |  |  | 61 |
Variable lease costs - closed stores | Restructuring charges and exit costs |  | 48 |  |  | 56 |
Sublease income: |  |  |  |  |
Sublease income - franchise | Franchise and license revenue |  | (30,607) |  |  | (30,925) |
Sublease income - closed stores | Restructuring charges and exit costs |  | (160) |  |  | (114) |
Total lease costs |  |  | $ | 9,089 |  |  | $ | 8,420 |
Lease terms and discount rates were as follows:
| December 29, 2021 |  | December 30, 2020
Weighted-average remaining lease term (in years): |  |  |
Finance leases | 8.5 |  | 9.3
Operating leases | 10.0 |  | 10.7
Weighted-average discount rate: |  |  |
Finance leases | 23.4 | % |  | 23.8 | %
Operating leases | 5.7 | % |  | 5.8 | %
Cash and supplemental noncash amounts were as follows:
|  | Fiscal Year Ended
|  | December 29, 2021 |  | December 30, 2020
|  | (In thousands)
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from finance leases |  | $ | 2,960 |  |  | $ | 3,129 |
Operating cash flows from operating leases |  | $ | 25,578 |  |  | $ | 23,511 |
Financing cash flows from finance leases |  | $ | 2,118 |  |  | $ | 1,570 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | $ | 998 |  |  | $ | 142 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 8,513 |  |  | $ | 4,831 |
Schedule of Components of Lease Income | The components of lease income were as follows:
|  |  | Fiscal Year Ended
| Classification |  | December 29, 2021 |  | December 30, 2020
|  |  | (In thousands)
Lease income |  |  |  |  |
Operating lease income - franchise | Franchise and license revenue |  | $ | 30,767 |  |  | $ | 33,621 |
Operating lease income - closed stores | Restructuring charges and exit costs |  | 109 |  |  | 66 |
Operating lease income - general and administrative | General and administrative expenses |  | 65 |  |  | — |
Variable lease income - franchise | Franchise and license revenue |  | 10,999 |  |  | 8,246 |
Variable lease income - closed stores | Restructuring charges and exit costs |  | 51 |  |  | 48 |
Total lease income |  |  | $ | 41,991 |  |  | $ | 41,981 |
Schedule of Finance Lease Liability Maturity | Maturities of lease liabilities and receipts as of December 29, 2021 were as follows:
| Lease Liabilities |  | Lease Receipts
| Finance |  | Operating |  | Operating
| (In thousands)
2022 | $ | 4,264 |  |  | $ | 23,285 |  |  | $ | 28,824 |
2023 | 3,639 |  |  | 21,335 |  |  | 26,293 |
2024 | 2,919 |  |  | 19,570 |  |  | 25,012 |
2025 | 2,783 |  |  | 18,285 |  |  | 24,758 |
2026 | 2,488 |  |  | 17,164 |  |  | 24,216 |
Thereafter | 13,653 |  |  | 89,578 |  |  | 157,939 |
Total undiscounted cash flows | 29,746 |  |  | 189,217 |  |  | $ | 287,042 |
Less: interest | 17,050 |  |  | 47,092 |  |  |
Present value of lease liabilities | 12,696 |  |  | 142,125 |  |  |
Less: current lease liabilities | 1,952 |  |  | 15,829 |  |  |
Long-term lease liabilities | $ | 10,744 |  |  | $ | 126,296 |  |  |
Schedule of Lessee Lease Liability Maturity | Maturities of lease liabilities and receipts as of December 29, 2021 were as follows:
| Lease Liabilities |  | Lease Receipts
| Finance |  | Operating |  | Operating
| (In thousands)
2022 | $ | 4,264 |  |  | $ | 23,285 |  |  | $ | 28,824 |
2023 | 3,639 |  |  | 21,335 |  |  | 26,293 |
2024 | 2,919 |  |  | 19,570 |  |  | 25,012 |
2025 | 2,783 |  |  | 18,285 |  |  | 24,758 |
2026 | 2,488 |  |  | 17,164 |  |  | 24,216 |
Thereafter | 13,653 |  |  | 89,578 |  |  | 157,939 |
Total undiscounted cash flows | 29,746 |  |  | 189,217 |  |  | $ | 287,042 |
Less: interest | 17,050 |  |  | 47,092 |  |  |
Present value of lease liabilities | 12,696 |  |  | 142,125 |  |  |
Less: current lease liabilities | 1,952 |  |  | 15,829 |  |  |
Long-term lease liabilities | $ | 10,744 |  |  | $ | 126,296 |  |  |
Schedule of Lessor Operating Lease Payments to be Received Maturity | Maturities of lease liabilities and receipts as of December 29, 2021 were as follows:
| Lease Liabilities |  | Lease Receipts
| Finance |  | Operating |  | Operating
| (In thousands)
2022 | $ | 4,264 |  |  | $ | 23,285 |  |  | $ | 28,824 |
2023 | 3,639 |  |  | 21,335 |  |  | 26,293 |
2024 | 2,919 |  |  | 19,570 |  |  | 25,012 |
2025 | 2,783 |  |  | 18,285 |  |  | 24,758 |
2026 | 2,488 |  |  | 17,164 |  |  | 24,216 |
Thereafter | 13,653 |  |  | 89,578 |  |  | 157,939 |
Total undiscounted cash flows | 29,746 |  |  | 189,217 |  |  | $ | 287,042 |
Less: interest | 17,050 |  |  | 47,092 |  |  |
Present value of lease liabilities | 12,696 |  |  | 142,125 |  |  |
Less: current lease liabilities | 1,952 |  |  | 15,829 |  |  |
Long-term lease liabilities | $ | 10,744 |  |  | $ | 126,296 |  |  |

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