Leases Leases (Tables)

12 Months Ended

Dec. 25, 2019

Operating Leased Assets [Line Items]

Lease, Cost [Table Text Block]

The following table presents the Company’s total lease cost at December 25, 2019, disaggregated by underlying asset (in thousands):

	Property Leases			Equipment Leases		Total
Finance lease cost:
Amortization of right-of-use assets	$	9		$	—	$	9
Interest on lease liabilities	27			—		27
Operating lease cost	26,212			1,273		27,485
Short-term lease cost	—			34		34
Variable lease cost	455			186		641
Sublease income	(2,430		)	—		(2,430		)
Total lease cost	$	24,273		$	1,493	$	25,766

The following table presents the Company’s total lease cost on the consolidated statement of operations (in thousands):

	December 25, 2019
Lease cost – Occupancy and other operating expenses	$	24,540
Lease cost – General & administrative	463
Lease cost – Depreciation and amortization	9
Lease cost – Interest expense	27
Lease cost - Closed-store reserve	727
Total lease cost, net	$	25,766

During the year ended December 25, 2019, the Company had the following cash and non-cash activities associated with its leases (in thousands):

	December 25, 2019
	Property Leases			Equipment Leases			Total
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for operating leases	$	25,168		$	1,282		$	26,450
Financing cash flows used for finance leases	$	(68	)	$	—		$	(68	)
Non-cash investing and financing activities:
Operating lease ROU assets obtained in exchange for lease liabilities:
Operating lease ROU assets	10,339			256			$	10,595
Derecognition of ROU assets due to terminations, impairment or modifications	(4,574		)	(157		)	$	(4,731	)
Operating lease ROU assets obtained and liabilities incurred as a result of adoption of ASC 842:
Operating lease ROU assets	$	200,555		$	4,668		$	205,223
Operating lease liabilities	$	217,615		$	4,668		$	222,283
Other Information
Weighted-average remaining lease term—finance leases	2.83			—
Weighted-average remaining lease term—operating leases	12.08			3.20
Weighted-average discount rate—finance leases	11.10		%	—
Weighted-average discount rate—operating leases	4.38		%	3.96		%

Schedule of Capital Leases

Information regarding the Company’s minimum future lease obligations at December 25, 2019 is as follows (in thousands):

	Finance Leases			Operating Leases
For the Years Ending	Minimum Lease Payments			Minimum Lease Payments			Minimum Sublease Income
December 30, 2020	$	54		$	26,808		$	2,754
December 29, 2021	54			25,978			2,887
December 28, 2022	45			24,871			3,284
December 27, 2023	—			22,309			3,318
December 25, 2024	—			19,751			3,203
Thereafter	—			139,454			27,265
Total	$	153		$	259,171		$	42,711
Less: imputed interest (3.96% to 11.1%)	(36		)	(45,273		)
Present value of capital lease obligations	117			213,898
Less: current maturities	(34		)	(16,406		)
Noncurrent portion	$	83		$	197,492

Information regarding the Company’s minimum future lease obligations at December 26, 2018 is as follows, under ASC 840 (in thousands):

	Capital Leases			Operating Leases
For the Years Ending	Minimum Lease Payments			Minimum Lease Payments		Minimum Sublease Income
December 25, 2019	$	95		$	25,388	$	1,443
December 30, 2020	54			24,437		1,108
December 29, 2021	54			23,342		1,078
December 28, 2022	45			22,338		1,001
December 27, 2023	—			20,634		989
Thereafter	—			150,342		2,612
Total	$	248		$	266,481	$	8,231
Less: imputed interest (11.0% to 11.1%)	(64		)
Present value of capital lease obligations	184
Less: current maturities	(68		)
Noncurrent portion	$	116

Schedule of Operating Leases

Information regarding the Company’s minimum future lease obligations at December 25, 2019 is as follows (in thousands):

	Finance Leases			Operating Leases
For the Years Ending	Minimum Lease Payments			Minimum Lease Payments			Minimum Sublease Income
December 30, 2020	$	54		$	26,808		$	2,754
December 29, 2021	54			25,978			2,887
December 28, 2022	45			24,871			3,284
December 27, 2023	—			22,309			3,318
December 25, 2024	—			19,751			3,203
Thereafter	—			139,454			27,265
Total	$	153		$	259,171		$	42,711
Less: imputed interest (3.96% to 11.1%)	(36		)	(45,273		)
Present value of capital lease obligations	117			213,898
Less: current maturities	(34		)	(16,406		)
Noncurrent portion	$	83		$	197,492

Information regarding the Company’s minimum future lease obligations at December 26, 2018 is as follows, under ASC 840 (in thousands):

	Capital Leases			Operating Leases
For the Years Ending	Minimum Lease Payments			Minimum Lease Payments		Minimum Sublease Income
December 25, 2019	$	95		$	25,388	$	1,443
December 30, 2020	54			24,437		1,108
December 29, 2021	54			23,342		1,078
December 28, 2022	45			22,338		1,001
December 27, 2023	—			20,634		989
Thereafter	—			150,342		2,612
Total	$	248		$	266,481	$	8,231
Less: imputed interest (11.0% to 11.1%)	(64		)
Present value of capital lease obligations	184
Less: current maturities	(68		)
Noncurrent portion	$	116