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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Assets and Liabilities, Leases
The Company's finance and operating lease assets and liabilities as of December 31, 2023 and December 25, 2022 as follows (in thousands):
December 31, 2023
Finance(1)
Operating(2)
Lease assets, net$6,264 $361,609 
Current portion of lease obligations939 43,819 
Long-term portion of lease obligations7,745 383,439 
Total$8,684 $427,258 
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 
(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 31, 2023 and December 25, 2022 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 31, 2023 and December 25, 2022 Consolidated Balance Sheets.
Schedule of 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 consolidated statements of operations and comprehensive loss as follows (in thousands):
Year Ended
December 31, 2023December 25, 2022December 26, 2021
Operating lease cost$72,346 $69,879 $70,000 
Finance lease cost:
Amortization of right of use assets(1)
985 1,121 856 
Interest on lease liabilities (2)
520 583 532 
Total finance lease cost$1,505 $1,704 $1,388 
Variable lease cost19,806 18,965 19,812 
Total lease costs$93,657 $90,548 $91,200 
(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.
Schedule of Operating Lease Maturities
Maturities of our lease liabilities as of December 31, 2023 were as follows (in thousands):
Finance Leases Operating Leases
2024$1,386 $82,310 
20251,405 79,319 
20261,410 73,817 
20271,340 67,157 
20281,111 59,783 
Thereafter4,132 257,510 
Total future lease liability$10,784 $619,896 
Less imputed interest2,100 192,638 
Present value of lease liability$8,684 $427,258 
Schedule of Finance Lease Maturities
Maturities of our lease liabilities as of December 31, 2023 were as follows (in thousands):
Finance Leases Operating Leases
2024$1,386 $82,310 
20251,405 79,319 
20261,410 73,817 
20271,340 67,157 
20281,111 59,783 
Thereafter4,132 257,510 
Total future lease liability$10,784 $619,896 
Less imputed interest2,100 192,638 
Present value of lease liability$8,684 $427,258 
Schedule of Cash Flow, Supplemental Disclosures
Supplemental cash flow information in thousands (except other information) related to leases is as follows:
Year Ended
December 31, 2023December 25, 2022December 26, 2021
Cash flows from operating activities
Cash paid related to lease liabilities
Operating leases$80,469 $85,400 $81,520 
Finance leases520 583 532 
Cash flows from financing activities
Cash paid related to lease liabilities
Finance leases898 1,292 1,733 
Cash paid for amounts included in the measurement of lease liabilities$81,887 $87,275 $83,785 
Right of use assets obtained in exchange for operating lease obligations$53,915 $13,848 $28,738 
Right of use assets obtained in exchange for finance lease obligations$81 $1,139 $1,170 
Other information related to operating leases as follows:
Weighted average remaining lease term8.689.049.69
Weighted average discount rate8.15 %7.25 %7.05 %
Other information related to financing leases as follows:
Weighted average remaining lease term9.3410.2710.81
Weighted average discount rate4.87 %4.88 %4.56 %