Lease Commitments

12 Months Ended

Dec. 30, 2023

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 30, 2023, December 31, 2022 and December 25, 2021.

	52 Weeks Ended		53 Weeks Ended		52 Weeks Ended
(amounts in thousands)		December 30, 2023		December 31, 2022		December 25, 2021
Operating lease cost	$	47,187	$	48,289	$	45,435
Variable lease cost		11,335		11,221		10,875
Lease or sublease income		(10,210)		(9,744)		(10,055)
Net lease cost	$	48,312	$	49,766	$	46,255

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 30, 2023.

(amounts in thousands)	Leases			Subleases
2024	$	47,918	$	(4,560)
2025		44,439		(3,985)
2026		35,562		(3,121)
2027		27,515		(2,522)
2028		20,387		(1,710)
Thereafter		33,220		(3,614)
Total Lease Payments	$	209,042	$	(19,513)
Less: Interest		26,038		—
Present value of lease liabilities		183,003		(19,513)

The following is a schedule of weighted-average remaining lease terms and weighted-average discount rates as of December 30, 2023, December 31, 2022, and December 25, 2021.

Lease Term and Discount Rate	December 30, 2023	December 31, 2022	December 25, 2021
Weighted-average remaining lease term	3.63	3.85	4.11
Weighted-average discount rate	3.43%	2.81%	2.73%

The following is a schedule of supplemental cash flow information related to leases as of December 30, 2023, December 31, 2022, and December 25, 2021.

(amounts in thousands)	December 30, 2023	December 31, 2022	December 25, 2021
Cash paid for amounts included in the measurement of operating lease liabilities	48,476	48,744	47,799
Right of use assets obtained in exchange for operating lease liabilities	39,928	27,364	31,663