Leases (Tables)

6 Months Ended

Jun. 24, 2020

A summary of finance and operating lease right-of-use assets and liabilities as of June 24, 2020 and December 25, 2019 is as follows:


	Classification	June 24 2020		December 25 2019
Finance leases	Property and equipment, net	$	5,248	$	5,444
Operating leases	Operating lease assets	298,602		274,426
Total right-of-use assets		$	303,850	$	279,870




Finance leases:
	Other current liabilities	$	1,802	$	1,873
	Other long-term liabilities	3,559		3,643
Operating leases:
	Operating lease liabilities, current	37,082		30,002
	Long-term operating lease liabilities	332,751		304,914
Total lease liabilities		$	375,194	$	340,432

The components of lease expense for the thirteen and twenty-six weeks ended June 24, 2020 and June 26, 2019 was as follows:


			Thirteen Weeks Ended												Twenty-Six Weeks Ended
		Classification	June 24 2020				June 26 2019				June 24 2020				June 26 2019
Finance lease cost:
	Amortization of right-of-use assets	Depreciation expense	$	602			$	619			$	1,179			$	953
	Interest on lease liabilities	Interest expense	55				55				110				96
Operating lease cost			Occupancy and related expenses General and administrative expenses Pre-opening costs		11,478				9,855				22,220				18,765
Short-term lease cost			Occupancy and related expenses		69				17				193				34
Variable lease cost			Occupancy and related expenses General and administrative expenses Pre-opening costs		4,087				3,836				7,817				7,298
Total lease cost					$	16,291			$	14,382			$	31,519			$	27,146

A summary of lease terms and discount rates for finance and operating leases as of June 24, 2020 and December 25, 2019 is as follows:


		June 24 2020		December 25 2019
Weighted-average remaining lease term (years):
	Finance leases	5.1		5.1
	Operating leases	10.1		10.1
Weighted-average discount rate:
	Finance leases	3.6	%	3.7	%
	Operating leases	4.0	%	5.4	%

Supplemental cash flow information related to leases for the twenty-six weeks ended June 24, 2020 and June 26, 2019 is as follows:


		Twenty-Six Weeks Ended
		June 24 2020		June 26 2019
Cash paid for amounts included in the measurement of lease liabilities:
	Operating cash flows from finance leases	$	110	$	148
	Operating cash flows from operating leases	15,799		27,238
	Financing cash flows from finance leases	1,150		1,433
Right-of-use assets obtained in exchange for lease obligations:
	Finance leases	1,020		1,927
	Operating leases	30,982		65,773

As of June 24, 2020, future minimum lease payments for finance and operating leases consisted of the following:

As of June 24, 2020, future minimum lease payments for finance and operating leases consisted of the following: