Lease Commitments

12 Months Ended

Dec. 25, 2021

Leases [Abstract]

Lease Commitments

Note 5    Lease Commitments

The following is a schedule of the lease costs included in “Operating, general and administrative expenses” for the fiscal years ended December 25, 2021, December 26, 2020 and December 28, 2019.

	52 Weeks Ended
(amounts in thousands)		December 25, 2021		December 26, 2020		December 28, 2019
Operating lease cost	$	45,435	$	46,283	$	46,063
Variable lease cost		10,875		11,167		10,998
Lease or sublease income		(10,055)		(8,636)		(7,749)
Net lease cost	$	46,255	$	48,814	$	49,312

The following is a schedule by year of the future minimum rental payments required under operating leases and total minimum sublease and lease rental income to be received as of December 25, 2021.

(amounts in thousands)	Leases		Subleases
2022	$	46,661	(4,338)
2023		43,468	(3,557)
2024		38,176	(2,760)
2025		30,269	(2,359)
2026		21,609	(1,758)
Thereafter		46,888	(6,007)
Total Lease Payments	$	227,071	(20,778)
Less: Interest		25,462	—
Present value of lease liabilities		201,609	(20,778)

The following is a schedule of weighted-average remaining lease terms and weighted-average discount rates as of December 25, 2021, December 26, 2020, and December 28, 2019.

Lease Term and Discount Rate	December 25, 2021	December 26, 2020	December 28, 2019
Weighted-average remaining lease term	4.11	4.06	4.44
Weighted-average discount rate	2.73%	3.36%	3.47%