Property and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and equipment

Property and Equipment

Property and equipment at December 31, 2023 and January 1, 2023 consisted of the following: 

	December 31, 2023		January 1, 2023
Land	$	9,990	$	7,685
Owned buildings	13,799		12,895
Leasehold improvements	472,125		454,134
Equipment	352,426		342,118
Assets subject to finance leases	29,248		30,873
	877,588		847,705
Less accumulated depreciation and amortization	(570,062)		(535,359)
	$	307,526	$	312,346

Assets subject to finance leases primarily represent certain leases of restaurant equipment that collectively had accumulated amortization at December 31, 2023 and January 1, 2023 of $20.1 million and $18.4 million, respectively. Depreciation expense for all property and equipment for the years ended December 31, 2023, January 1, 2023 and January 2, 2022 was $57.8 million, $61.4 million and $64.5 million, respectively.