Leases (Tables)

8 Months Ended

Sep. 10, 2019

Leases [Abstract]

Schedule of Lease Cost, Remaining Lease Term, Discount Rate and Supplemental Cash Flow Information

Weighted Average Remaining Lease Term (in years)	September 10, 2019
Operating leases	11.7
Finance leases	3.5

Weighted Average Discount Rate	September 10, 2019
Operating leases	6.85	%
Finance leases	10.40	%

Supplemental cash flow information related to leases was as follows (in thousands):

	Thirty-Six Weeks Ended September 10, 2019
Cash paid for amounts in the measurement of lease liabilities:
Operating cash flows used for operating leases	$	22,617
Operating cash flows used for finance leases	$	72
Financing cash flows used for finance leases	$	353

The components of lease cost were as follows (in thousands):

	Classification	12 Weeks Ended September 10, 2019			36 Weeks Ended September 10, 2019
Operating lease cost	Occupancy and other operating expenses, Occupancy and other - franchise subleases and other, Pre-opening costs, Restaurant closure charges, net and General and administrative	$	8,792		$	26,196
Finance lease cost:
Amortization of right of use assets	Depreciation and amortization	86			329
Interest on lease liabilities	Interest expense	21			72
Short-term lease cost	Occupancy and other operating expenses	53			231
Variable lease cost	Occupancy and other operating expenses, Occupancy and other - franchise subleases and other and Restaurant closure charges, net	444			1,282
Sublease income	Franchise sublease and other income	(1,125		)	(3,261		)
Total lease cost		$	8,271		$	24,849

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to the Company's operating and finance leases (noting the financial statement caption each is included with) as of September 10, 2019 and January 1, 2019 was as follows (in thousands):

	September 10, 2019			January 1, 2019
Operating lease assets:
Operating lease right-of-use assets	$	232,935		$	—
Operating lease liabilities:
Current portion of operating lease liabilities	$	18,800		$	—
Operating lease liabilities, excluding current portion	231,002			—
Total operating lease liabilities	$	249,802		$	—
Finance lease assets:
Buildings under finance leases	$	1,062		$	3,370
Accumulated depreciation	(329		)	(2,193		)
Finance lease asset, net	$	733		$	1,177
Finance lease obligations:
Current portion of finance lease obligations, other debt and deemed landlord financing liabilities	$	307		$	510
Long-term debt, finance lease obligations, other debt and deemed landlord      financing liabilities, excluding current portion, net	493			757
Total finance lease obligations	$	800		$	1,267

Schedule of Estimated Future Minimum Finance Lease Payments

The estimated future lease payments as of September 10, 2019, are as follows (in thousands):

	Finance Lease Liabilities			Operating Lease Liabilities			Operating Subleases			Net Lease Commitments
2019	$	134		$	9,233		$	(1,750	)	$	7,617
2020	335			37,214			(3,531		)	34,018
2021	200			36,188			(3,635		)	32,753
2022	79			34,837			(3,623		)	31,293
2023	79			32,473			(3,449		)	29,103
Thereafter	132			221,957			(27,293		)	194,796
Total lease payments	$	959		$	371,902		$	(43,281	)	$	329,580
Amounts representing interest	(159		)	(122,100		)				(122,259		)
Present value of lease obligations	$	800		$	249,802					$	207,321

Schedule of Estimated Future Minimum Operating Lease Payment

The estimated future lease payments as of September 10, 2019, are as follows (in thousands):

	Finance Lease Liabilities			Operating Lease Liabilities			Operating Subleases			Net Lease Commitments
2019	$	134		$	9,233		$	(1,750	)	$	7,617
2020	335			37,214			(3,531		)	34,018
2021	200			36,188			(3,635		)	32,753
2022	79			34,837			(3,623		)	31,293
2023	79			32,473			(3,449		)	29,103
Thereafter	132			221,957			(27,293		)	194,796
Total lease payments	$	959		$	371,902		$	(43,281	)	$	329,580
Amounts representing interest	(159		)	(122,100		)				(122,259		)
Present value of lease obligations	$	800		$	249,802					$	207,321

Schedule of Minimum Rental Commitments

ental commitments and sublease rental receipts as of January 1, 2019, under finance and operating leases having an initial non-cancelable term of one year or more are shown in the following table (in thousands):

	Finance Lease and Deemed Landlord Financing Liabilities			Operating Leases		Operating Subleases			Net Lease Commitments
2019	$	3,561		$	33,951	$	(2,564	)	$	34,948
2020	3,317			32,071		(2,403		)	32,985
2021	3,186			30,794		(2,409		)	31,571
2022	3,056			29,362		(2,392		)	30,026
2023	3,123			26,414		(2,274		)	27,263
Thereafter	34,071			153,675		(16,844		)	170,902
Total lease payments	$	50,314		$	306,267	$	(28,886	)	$	327,695
Imputed interest	(29,003		)
Present value of payments	$	21,311

Schedule of Sublease Minimum Rental Receipts

ental commitments and sublease rental receipts as of January 1, 2019, under finance and operating leases having an initial non-cancelable term of one year or more are shown in the following table (in thousands):

	Finance Lease and Deemed Landlord Financing Liabilities			Operating Leases		Operating Subleases			Net Lease Commitments
2019	$	3,561		$	33,951	$	(2,564	)	$	34,948
2020	3,317			32,071		(2,403		)	32,985
2021	3,186			30,794		(2,409		)	31,571
2022	3,056			29,362		(2,392		)	30,026
2023	3,123			26,414		(2,274		)	27,263
Thereafter	34,071			153,675		(16,844		)	170,902
Total lease payments	$	50,314		$	306,267	$	(28,886	)	$	327,695
Imputed interest	(29,003		)
Present value of payments	$	21,311