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Leases (Tables)
12 Months Ended
Dec. 28, 2024
Leases [Abstract]  
Lease Costs Incurred By Lease Type, and/or Type Of Payment

Lease costs incurred by lease type, and/or type of payment for Fiscal 2024, 2023 and 2022 were as follows (in thousands):

 

 

 

Fiscal 2024

 

 

Fiscal 2023

 

 

Fiscal 2022

 

Lease cost:

 

 

 

 

 

 

 

 

 

Amortization of right-of-use assets

 

$

260

 

 

$

1,703

 

 

$

1,705

 

Interest on lease liabilities

 

 

4

 

 

 

32

 

 

 

93

 

Operating lease cost

 

 

74,183

 

 

 

62,685

 

 

 

62,115

 

Short-term lease cost

 

 

10,910

 

 

 

3,121

 

 

 

2,897

 

Variable lease cost

 

 

40,564

 

 

 

37,588

 

 

 

33,223

 

Total lease cost

 

$

125,921

 

 

$

105,129

 

 

$

100,033

 

Other Supplemental Quantitative Disclosures

Other supplemental quantitative disclosures as of, and for, Fiscal 2024 and Fiscal 2023 were as follows (in thousands):

 

 

 

Fiscal 2024

 

 

Fiscal 2023

 

Cash paid for amounts included in the measurement
   of lease liabilities:

 

 

 

 

 

 

Operating cash flows from financing leases

 

$

4

 

 

$

32

 

Operating cash flows from operating leases

 

$

75,610

 

 

$

62,989

 

Financing cash flows from financing leases

 

$

70

 

 

$

1,819

 

Right-of-use assets obtained in exchange for new
   financing lease liabilities

 

$

106

 

 

$

34

 

Right-of-use assets obtained in exchange for new
   operating lease liabilities

 

$

93,775

 

 

$

54,997

 

Weighted-average remaining lease term (years):

 

 

 

 

 

 

Financing leases

 

 

3.0

 

 

 

1.4

 

Operating leases

 

 

6.2

 

 

 

7.3

 

Weighted-average IBR (percentage):

 

 

 

 

 

 

Financing leases

 

 

4.2

 

 

 

3.0

 

Operating leases

 

 

5.0

 

 

 

4.2

 

Estimated Undiscounted Future Lease Payments Under Non-Cancelable Operating Leases and Financing Leases with Reconciliation of Undiscounted Cash Flows

Estimated undiscounted future lease payments under non-cancelable operating leases and financing leases, along with a reconciliation of the undiscounted cash flows to operating and financing lease liabilities, respectively, as of December 28, 2024 (in thousands) were as follows:

 

 

 

Operating lease
liabilities

 

 

Financing lease
liabilities

 

2025

 

$

90,116

 

 

$

31

 

2026

 

 

70,839

 

 

 

40

 

2027

 

 

62,437

 

 

 

19

 

2028

 

 

44,294

 

 

 

11

 

2029

 

 

31,025

 

 

 

3

 

Thereafter

 

 

83,277

 

 

 

 

Total minimum lease payments

 

 

381,988

 

 

 

104

 

Less: amount of lease payments representing interest

 

 

(59,094

)

 

 

(9

)

Present value of future minimum lease payments

 

 

322,894

 

 

 

95

 

Less: current obligations under leases

 

 

(68,440

)

 

 

(84

)

Long-term lease obligations

 

$

254,454

 

 

$

11

 

Lease Modifications and Renewals and Lease Impairments

The following table details lease modifications and renewals and lease impairments (amounts in thousands):

 

 

 

Fiscal 2024

 

 

Fiscal 2023

 

Lease modifications and renewals

 

$

33,221

 

 

$

33,041

 

Lease terminations

 

$

1,963

 

 

$

361