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Leases (Tables)
3 Months Ended
Mar. 25, 2020
Leases [Abstract]  
Lease, Cost
A summary of lease terms and discount rates for finance and operating leases as of March 25, 2020 and December 25, 2019 is as follows:
 
 
March 25
2020

 
December 25
2019

Weighted-average remaining lease term (years):
 
 
 
 
Finance leases
5.2

 
5.1

 
Operating leases
10.1

 
10.1

Weighted-average discount rate:
 
 
 
 
Finance leases
3.6
%
 
3.7
%
 
Operating leases
4.2
%
 
5.4
%
Supplemental cash flow information related to leases as of March 25, 2020 and March 27, 2019 is as follows:
 
 
March 25
2020

 
March 27
2019

Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
Operating cash flows from finance leases
$
55

 
$
41

 
Operating cash flows from operating leases
11,329

 
8,324

 
Financing cash flows from finance leases
559

 
339

Right-of-use assets obtained in exchange for lease obligations:
 
 
 
 
Finance leases
716

 
230

 
Operating leases
28,035

 
14,789


A summary of finance and operating lease right-of-use assets and liabilities as of March 25, 2020 and December 25, 2019 is as follows:
 
Classification
March 25
2020

 
December 25
2019

Finance leases
Property and equipment, net
$
5,546

 
$
5,444

Operating leases
Operating lease assets
302,216

 
274,426

Total right-of-use assets
 
$
307,762

 
$
279,870

 
 
 
 
 
Finance leases:
 
 
 
 
 
Other current liabilities
1,876

 
1,873

 
Other long-term liabilities
3,772

 
3,643

Operating leases:
 
 
 
 
 
Operating lease liabilities, current
43,197

 
30,002

 
Long-term operating lease liabilities
322,191

 
304,914

Total lease liabilities
 
$
371,036

 
$
340,432

The components of lease expense for the thirteen weeks ended March 25, 2020 and March 27, 2019 was as follows:
 
 
 
Thirteen Weeks Ended
 
 
 
Classification
March 25
2020

 
March 27
2019

Finance lease cost:
 
 
 
 
 
Amortization of right-of-use assets
Depreciation expense
$
577

 
$
334

 
Interest on lease liabilities
Interest expense
55

 
41

Operating lease cost
Occupancy and related expenses
General and administrative expenses
Pre-opening costs
10,742

 
8,910

Short-term lease cost
Occupancy and related expenses
124

 
17

Variable lease cost
Occupancy and related expenses
General and administrative expenses
Pre-opening costs
3,730

 
3,462

Total lease cost
 
$
15,228

 
$
12,764


Lessee, Operating Lease, Liability, Maturity
As of March 25, 2020, future minimum lease payments for finance and operating leases consisted of the following:
 
Finance Leases

 
Operating Leases

2020
$
1,610

 
$
30,448

2021
1,661

 
47,877

2022
1,180

 
52,029

2023
800

 
52,176

2024
489

 
50,893

Thereafter
337

 
257,135

Total minimum payments
6,077

 
490,557

Less: imputed interest
429

 
125,169

Total lease liabilities
$
5,648

 
$
365,388


Finance Lease, Liability, Maturity
As of March 25, 2020, future minimum lease payments for finance and operating leases consisted of the following:
 
Finance Leases

 
Operating Leases

2020
$
1,610

 
$
30,448

2021
1,661

 
47,877

2022
1,180

 
52,029

2023
800

 
52,176

2024
489

 
50,893

Thereafter
337

 
257,135

Total minimum payments
6,077

 
490,557

Less: imputed interest
429

 
125,169

Total lease liabilities
$
5,648

 
$
365,388