Leases (Tables)

12 Months Ended

Jan. 02, 2022

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Rent commitments under finance and non-cancelable operating leases at January 2, 2022 were as follows:

Fiscal year ending:	Operating Leases		Finance Leases
January 2, 2022	$	101,758	$	1,840
January 1, 2023	101,085		1,678
December 31, 2023	99,896		1,291
December 29, 2024	97,941		1,170
December 28, 2025	96,262		1,082
Thereafter	839,158		53
Total lease payments	1,336,100		7,114
Less: imputed interest	(488,453)		(808)
Present value of lease liabilities	847,647		6,306
Less: current portion	(44,688)		(1,544)
Total long-term lease liabilities	$	802,959	$	4,762

Finance Lease, Liability, Maturity [Table Text Block]

Rent commitments under finance and non-cancelable operating leases at January 2, 2022 were as follows:

Fiscal year ending:	Operating Leases		Finance Leases
January 2, 2022	$	101,758	$	1,840
January 1, 2023	101,085		1,678
December 31, 2023	99,896		1,291
December 29, 2024	97,941		1,170
December 28, 2025	96,262		1,082
Thereafter	839,158		53
Total lease payments	1,336,100		7,114
Less: imputed interest	(488,453)		(808)
Present value of lease liabilities	847,647		6,306
Less: current portion	(44,688)		(1,544)
Total long-term lease liabilities	$	802,959	$	4,762

Lease, Cost [Table Text Block]

The components and classification of lease expense for the years ended January 2, 2022, January 3, 2021 and December 29, 2019 are as follows:

		Year ended
Lease cost	Classification	January 2, 2022		January 3, 2021		December 29, 2019
Operating lease cost (1)	Restaurant rent expense	$	103,733	$	102,651	$	90,718
Operating lease cost (2)	General and administrative	946		606		579
Variable lease cost - variable rent	Restaurant rent expense	18,929		15,793		16,429
Variable lease cost - common area maintenance	Other restaurant operating expenses	585		521		617
Finance lease cost:
Amortization of right-of-use assets	Depreciation and amortization	755		1,233		1,778
Interest on lease liabilities	Interest expense	133		130		256
Total lease cost		$	125,081	$	120,934	$	110,377

(1)Includes short-term leases which are not material.

(2)Represents operating lease costs for property and equipment not directly related to restaurant operations.

Supplemental cash flow information related to leases for the years ended January 2, 2022 and January 3, 2021 are as follows:

	Year ended
	January 2, 2022		January 3, 2021		December 29, 2019
Gain (loss) on sale-leaseback transactions	$	(22)	$	189	$	636
Lease assets and liabilities resulting from lease modifications and new leases	36,633		50,978		76,878
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	100,660		98,561		87,220
Operating cash flows from finance leases	133		130		256
Financing cash flows from finance lease obligations	981		1,617		2,170

Assets And Liabilities, Lessee [Table Text Block]

Supplemental balance sheet information related to leases was as follows as of January 2, 2022 and January 3, 2021:

Leases	Classification	January 2, 2022			January 3, 2021
Assets
Operating leases	Operating right-of-use assets, net	$	791,763		$	799,962
Finance leases	Property and equipment, net	6,153			644
Total leased assets		$	797,916		$	800,606
Liabilities
Current
Operating leases	Current portion of operating lease liabilities	$	44,688		$	41,815
Finance leases	Current portion of long-term debt and finance lease liabilities	1,544			525
Long-term
Operating leases	Operating lease liabilities	802,959			809,969
Finance leases	Long-term debt and finance lease liabilities	4,762			383
Total lease liabilities		$	853,953		$	852,692
Weighted Average Remaining Lease Term
Operating leases		13.5 years			14.0 years
Finance leases		4.3 years			2.4 years
Weighted Average Discount Rate
Operating leases		7.0		%	7.0		%
Finance leases		5.8		%	8.9		%