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Leases
 12 Months Ended
Dec. 25, 2022
Leases [Abstract]  
Leases Leases
The Company's finance and operating lease assets and liabilities as of December 25, 2022 and December 26, 2021 as follows (in thousands):
December 25, 2022
Finance(1)
Operating(2)
Lease assets, net$7,551 $361,432 
Current portion of lease obligations1,094 47,394 
Long-term portion of lease obligations8,958 393,157 
Total$10,052 $440,551 
December 26, 2021
Finance(1)
Operating(2)
Lease assets, net$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 December 25, 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 December 25, 2022 and December 26, 2021 Consolidated Balance Sheets.
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 consolidated statements of operations and comprehensive loss as follows (in thousands):
Year Ended
December 25, 2022December 26, 2021December 27, 2020
Operating lease cost$69,879 $70,000 $67,320 
Finance lease cost:
Amortization of right of use assets(1)
1,121 856 845 
Interest on lease liabilities (2)
583 532 534 
Total finance lease cost$1,704 $1,388 $1,379 
Variable lease cost18,965 19,812 24,482 
Total lease costs$90,548 $91,200 $93,181 
(1) Amortization of finance lease right of use assets is recorded to depreciation and amortization in our Consolidated Statements of Operations and Comprehensive Loss.
(2) Interest on finance lease liabilities is recorded to interest expense in our Consolidated Statements of Operations and Comprehensive Loss.
Maturities of our lease liabilities as of December 25, 2022 were as follows (in thousands):
Finance Leases Operating Leases
2023$1,483 $77,380 
20241,584 76,326 
20251,305 72,368 
20261,381 66,588 
20271,329 59,890 
Thereafter5,243 264,449 
Total future lease liability$12,325 $617,001 
Less imputed interest2,273 176,450 
Present value of lease liability$10,052 $440,551 
Supplemental cash flow information in thousands (except other information) related to leases is as follows:
Year Ended
December 25, 2022December 26, 2021December 27, 2020
Cash flows from operating activities
Cash paid related to lease liabilities
Operating leases$85,400 $81,520 $47,164 
Finance leases583 532 534 
Cash flows from financing activities
Cash paid related to lease liabilities
Finance leases1,292 1,733 270 
Cash paid for amounts included in the measurement of lease liabilities$87,275 $83,785 $47,968 
Right of use assets obtained in exchange for operating lease obligations$13,848 $28,738 $56,014 
Right of use assets obtained in exchange for finance lease obligations$1,139 $1,170 $2,918 
Other information related to operating leases as follows:
Weighted average remaining lease term9.049.6910.24
Weighted average discount rate7.25 %7.05 %6.90 %
Other information related to financing leases as follows:
Weighted average remaining lease term10.2710.8111.76
Weighted average discount rate4.88 %4.56 %4.56 %