Fixed Assets

12 Months Ended

Dec. 25, 2025

Property, Plant and Equipment [Abstract]

Fixed assets as of December 25, 2025 and December 26, 2024 consisted of the following:


in thousands	December 25, 2025		December 26, 2024
Leasehold improvements	$	929,217	$	892,485
Buildings and improvements (1)	831,719		718,234
Furniture, fixtures, and equipment	358,603		462,882
Computer software and hardware	186,107		241,870
Land	128,494		123,381
Construction in process	101,972		115,471
Fixed assets, at cost	2,536,112		2,554,323
Less: accumulated depreciation and amortization	679,985		767,736
Fixed assets, net	$	1,856,127	$	1,786,587

(1)Represents buildings and improvements on land that the Company owns as well as on land that the Company is leasing through ground leases.

Depreciation and amortization on fixed assets for the fiscal years ended December 25, 2025, December 26, 2024, and December 28, 2023 was $233.5 million, $225.9 million, and $195.8 million, respectively.