Property and Equipment

3 Months Ended

Mar. 25, 2020

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

The costs and related accumulated depreciation and amortization of major classes of property and equipment are as follows (in thousands):



	March 25, 2020			December 25, 2019
Land	$	12,323		$	12,323
Buildings and improvements	145,406			144,794
Other property and equipment	75,344			75,234
Construction in progress	3,448			4,213
	236,521			236,564
Less: accumulated depreciation and amortization	(148,619		)	(144,786		)
	$	87,902		$	91,778

Depreciation expense was $4.4 million and $4.8 million for the thirteen weeks ended March 25, 2020 and March 27, 2019, respectively.

Based on the Company's review of its long-lived assets for impairment, the Company recorded non-cash impairment charges of $1.4 million for the thirteen weeks ended March 25, 2020, primarily related to the carrying value of the assets of three restaurants in California. Depending on the severity and longevity of the COVID-19 pandemic, the Company's financial performance could be further impacted and it is possible that material impairments could be identified in future periods.

Assets are classified as held for sale if they meet the criteria outlined in ASC 360, Property, Plant and Equipment. In accordance with applicable accounting guidance, the net assets were recorded at the lower of carrying value or fair value less costs to sell. The Company classified $4.5 million of assets as held for sale as of March 27, 2019, and recognized a loss on held for sale assets of $4.1 million for the thirteen weeks ended March 27, 2019.