LEASES

3 Months Ended

Mar. 29, 2020

Leases [Abstract]

Lessee Operating And Finance Leases [Text Block]

(9)        Leases

The Company leases the property for its corporate headquarters, most of its Company-owned stores, and certain office and restaurant equipment. The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of use (“ROU”) assets, current portion of operating lease liabilities, and operating lease liabilities in its consolidated balance sheets.

Lease expense for lease payments is recognized on a straight-line basis over the lease term. The components of lease expense for the period presented is as follows:

	Three Months Ended
(in thousands)	March 29, 2020
Operating lease cost	$	1,596
Short-term lease cost		31
Total lease cost	$	1,627

Supplemental cash flow information related to leases for the period presented is as follows:

	Three Months Ended
(in thousands)	March 29, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,791
Right-of-use assets obtained in exchange for new operating lease liabilities		51,682
Weighted-average remaining lease term of operating leases (in years)		11
Weighted-average discount rate of operating leases		5.26