Commitments and Contingencies (Tables)

12 Months Ended

Dec. 26, 2024

Commitments and Contingencies Disclosure [Abstract]

The table below presents components of lease expense for operating leases.


		Fiscal Year Ended
in thousands	Classification	December 26, 2024		December 28, 2023		December 29, 2022
Fixed operating lease cost:	Selling and store operating	$	178,343	$	157,106	$	139,603
	Cost of sales	25,955		24,058		25,465
	Pre-opening	13,679		15,171		9,971
	General and administrative	4,119		4,161		4,622
Total fixed operating lease cost		$	222,096	$	200,496	$	179,661

Variable lease cost (1):	Selling and store operating	$	69,785	$	57,527	$	49,605
	Cost of sales	4,184		4,009		3,894
	Pre-opening	674		976		666
	General and administrative	2,024		1,420		787
Total variable lease cost		$	76,667	$	63,932	$	54,952

Sublease income	Cost of sales	(2,758)		(2,722)		(2,722)

Total operating lease cost (2)		$	296,005	$	261,706	$	231,891

(1)Includes variable costs for common area maintenance, property taxes, and insurance on leased real estate.

(2)Excludes short-term lease costs, which were immaterial for the fiscal years ended December 26, 2024, December 28, 2023, and December 29, 2022.

Schedule of Future Minimum Lease Payments Under Non Cancelable Operating Leases

Future minimum lease payments under non-cancelable operating leases as of December 26, 2024 were as follows:


in thousands	Amount
2025	$	220,563
2026	215,662
2027	204,385
2028	183,446
2029	170,959
Thereafter	1,156,957
Total minimum lease payments (1) (2)	2,151,972
Less: amount of lease payments representing interest	662,044
Present value of future minimum lease payments	1,489,928
Less: current obligations under leases	138,646
Long-term lease obligations	$	1,351,282

(1)Future lease payments exclude approximately $444.9 million of legally binding minimum lease payments for operating leases signed but not yet commenced.

(2)Operating lease payments include $261.5 million related to options to extend lease terms that are reasonably certain of being exercised.