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Leases (Tables)
 6 Months Ended
Jul. 10, 2022
Leases [Abstract]  
Schedule of Leased Assets and Liabilities
The Company's finance and operating lease assets and liabilities as of July 10, 2022 and December 26, 2021 were as follows (in thousands):
July 10, 2022
Finance(1)
Operating(2)
Lease assets, net(3)
$7,494 $383,500 
Current portion of lease obligations1,029 48,080 
Long-term portion of lease obligations8,873 413,278 
Total$9,902 $461,358 
December 26, 2021
Finance(1)
Operating(2)
Lease assets, net(3)
$9,664 $400,825 
Current portion of lease obligations1,194 48,842 
Long-term portion of lease obligations10,765 435,136 
Total$11,959 $483,978 
(1)     Finance lease assets and obligations are included in Other assets, net, Accrued liabilities and other current liabilities, and Other non-current liabilities on our July 10, 2022 and December 26, 2021 Consolidated Balance Sheets.
(2)     Operating lease assets and obligations are included in Operating lease assets, net, Current portion of operating lease liabilities, and Long-term portion of operating lease liabilities on our July 10, 2022 and December 26, 2021 Consolidated Balance Sheets.
(3)     The Lease assets, net caption includes the right of use assets associated with the Company's Finance and Operating leases, net of the associated amortization of these right of use assets.
Lease cost
The components of lease expense, including variable lease costs primarily consisting of common area maintenance charges and real estate taxes, are included in Occupancy on our Condensed Consolidated Statement of Operations and Comprehensive Loss as follows (in thousands):
Twelve Weeks EndedTwenty-Eight Weeks Ended
July 10, 2022July 11, 2021July 10, 2022July 11, 2021
Operating lease cost$16,422 $16,243 $38,111 $37,704 
Finance lease cost:
Amortization of right of use assets238 197580 460
Interest on lease liabilities153 117298 276
Total finance lease cost$391 $314 $878 $736 
Variable lease cost4,682 4,359 11,007 10,775 
Total$21,495 $20,916 $49,996 $49,215 
Schedule of operating lease maturities Maturities of our lease liabilities as of July 10, 2022 were as follows (in thousands):
Finance Leases Operating Leases
Remainder of 2022$621 $33,689 
20231,387 77,092 
20241,480 75,483 
20251,190 71,411 
20261,246 65,683 
Thereafter6,440 325,096 
Total future lease payments$12,364 $648,454 
Less imputed interest2,462 187,096 
Total lease liability$9,902 $461,358 
Schedule of finance lease maturities Maturities of our lease liabilities as of July 10, 2022 were as follows (in thousands):
Finance Leases Operating Leases
Remainder of 2022$621 $33,689 
20231,387 77,092 
20241,480 75,483 
20251,190 71,411 
20261,246 65,683 
Thereafter6,440 325,096 
Total future lease payments$12,364 $648,454 
Less imputed interest2,462 187,096 
Total lease liability$9,902 $461,358 
Supplemental cash flow related to leases Supplemental cash flow and other information related to leases is as follows (in thousands, except other information):
Twenty-Eight Weeks Ended
July 10, 2022July 11, 2021
Cash flows from operating activities
Cash paid related to lease liabilities
Operating leases$46,194 $47,727 
Finance leases298 276 
Cash flows from financing activities
Cash paid related to lease liabilities
Finance leases1,017 1,018 
Cash paid for amounts included in the measurement of lease liabilities:$47,509 $49,021 
Right of use assets obtained in exchange for operating lease obligations$7,773 $7,784 
Right of use assets obtained in exchange for finance lease obligations$541 $751 
Other information related to operating leases as follows:
Weighted average remaining lease term (years)9.3910.01
Weighted average discount rate7.20 %7.01 %
Other information related to finance leases as follows:
Weighted average remaining lease term (years)10.7011.25
Weighted average discount rate4.89 %4.56 %