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Leases (Tables)
 9 Months Ended
Oct. 02, 2022
Leases [Abstract]  
Schedule of Leased Assets and Liabilities
The Company's finance and operating lease assets and liabilities as of October 2, 2022 and December 26, 2021 were as follows (in thousands):
October 2, 2022
Finance(1)
Operating(2)
Lease assets, net(3)
$7,233 $375,747 
Current portion of lease obligations1,015 47,726 
Long-term portion of lease obligations8,630 401,274 
Total$9,645 $449,000 
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 October 2, 2022 and December 26, 2021 Condensed 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 October 2, 2022 and December 26, 2021 Condensed 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 EndedForty Weeks Ended
October 2, 2022October 3, 2021October 2, 2022October 3, 2021
Operating lease cost$15,793 $16,061 $53,904 $53,765 
Finance lease cost:
Amortization of right of use assets261 197 841 657 
Interest on lease liabilities111 131 408 407 
Total finance lease cost$372 $328 $1,249 $1,064 
Variable lease cost4,130 4,496 15,136 15,271 
Total$20,295 $20,885 $70,289 $70,100 
Schedule of operating lease maturities Maturities of our lease liabilities as of October 2, 2022 were as follows (in thousands):
Finance Leases Operating Leases
Remainder of 2022$260 $13,829 
20231,386 76,978 
20241,479 76,047 
20251,189 71,921 
20261,245 66,078 
Thereafter6,454 323,647 
Total future lease payments$12,013 $628,500 
Less imputed interest2,368 179,500 
Total lease liability$9,645 $449,000 
Schedule of finance lease maturities Maturities of our lease liabilities as of October 2, 2022 were as follows (in thousands):
Finance Leases Operating Leases
Remainder of 2022$260 $13,829 
20231,386 76,978 
20241,479 76,047 
20251,189 71,921 
20261,245 66,078 
Thereafter6,454 323,647 
Total future lease payments$12,013 $628,500 
Less imputed interest2,368 179,500 
Total lease liability$9,645 $449,000 
Supplemental cash flow related to leases Supplemental cash flow and other information related to leases is as follows (in thousands, except other information):
Forty Weeks Ended
October 2, 2022October 3, 2021
Cash flows from operating activities
Cash paid related to lease liabilities
Operating leases$65,943 $68,036 
Finance leases408 406 
Cash flows from financing activities
Cash paid related to lease liabilities
Finance leases1,048 1,447 
Cash paid for amounts included in the measurement of lease liabilities:$67,399 $69,889 
Right of use assets obtained in exchange for operating lease obligations$11,604 $27,483 
Right of use assets obtained in exchange for finance lease obligations$541 $988 
Other information related to operating leases as follows:
Weighted average remaining lease term (years)9.219.86
Weighted average discount rate7.24 %7.01 %
Other information related to finance leases as follows:
Weighted average remaining lease term (years)10.4911.04
Weighted average discount rate4.89 %4.56 %