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LEASES (Tables)
 12 Months Ended
Dec. 25, 2021
Leases [Abstract]  
Schedule of Right-of-Use Lease Assets and Lease Liabilities in Condensed Financial Statements
Right-of-use lease assets and lease liabilities are reported in the Company’s consolidated balance sheets as follows:
Fiscal Year
December 25, 2021December 26, 2020
(in thousands)
Operating leases
Operating lease right-of-use assets, net$292,941 $178,220 
Other current liabilities$33,267 $24,674 
Operating lease right-of-use liabilities252,972 155,595 
Total operating lease liabilities$286,239 $180,269 
Finance leases
Property, plant and equipment, net$29,437 $31,614 
Current portion of long-term debt and finance leases$2,694 $3,018 
Long-term debt, net and finance leases24,529 26,029 
Total finance lease liabilities$27,223 $29,047 
Schedule of Operating and Finance Lease Costs and Supplemental Cash Flow Information
The components of operating and finance lease costs were as follows:
Fiscal Year
December 25, 2021December 26, 2020December 28, 2019
(in thousands)
Operating lease costs$45,728 $32,965 $30,885 
Finance lease costs:
Amortization of right-of-use assets3,337 3,723 4,007 
Interest on lease liabilities1,280 1,306 1,349 
Short-term lease costs2,441 2,349 1,056 
Variable lease costs4,623 5,122 3,161 
Sublease income(2,008)(1,673)(994)
Total lease costs$55,401 $43,792 $39,464 
Other information related to leases was as follows:
Supplemental Cash Flow Information
Fiscal Year
December 25, 2021December 26, 2020December 28, 2019
(in thousands)
Cash flows included in the measurement of lease liabilities:
Operating cash flows from operating leases$42,576 $29,961 $27,153 
Operating cash flows from finance leases1,282 1,306 1,406 
Finance cash flows from finance leases3,202 4,350 3,766 
Non-cash leases activity:
Right-of-use lease assets obtained in exchange for new operating lease liabilities$142,764 $63,499 $24,382 
Right-of-use lease assets obtained in exchange for new finance lease liabilities1,567 1,571 4,819 
Lease Term and Discount Rate
As ofAs ofAs of
December 25, 2021December 26, 2020December 28, 2019
Weighted-average remaining lease term (in years)
Operating lease9.08.58.2
Finance lease11.712.413.0
Weighted-average discount rate
Operating lease3.6 %4.5 %4.4 %
Finance lease4.4 %4.1 %4.6 %
Schedule of Future Minimum Lease Payments Under Non-Cancellable Operating Leases After Adoption
As of December 25, 2021, maturities of operating and finance lease liabilities for each of the following five years and a total thereafter were as follows:
Operating LeasesFinance Leases
(in thousands)
2022$43,420 $3,865 
202340,959 3,524 
202439,080 3,288 
202537,177 2,955 
202632,072 2,460 
Thereafter146,151 19,157 
Total minimum future lease payments338,859 35,249 
Less: Imputed interest52,620 8,026 
Total lease liabilities$286,239 $27,223 
Schedule of Future Minimum Lease Payments Under Non-Cancellable Finance Leases After Adoption
As of December 25, 2021, maturities of operating and finance lease liabilities for each of the following five years and a total thereafter were as follows:
Operating LeasesFinance Leases
(in thousands)
2022$43,420 $3,865 
202340,959 3,524 
202439,080 3,288 
202537,177 2,955 
202632,072 2,460 
Thereafter146,151 19,157 
Total minimum future lease payments338,859 35,249 
Less: Imputed interest52,620 8,026 
Total lease liabilities$286,239 $27,223