Components of operating lease costs are included in occupancy, closed restaurant costs, restaurant pre-opening, general and administrative expense and property and equipment, net:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended |
Lease cost |
|
December 26, 2021 |
December 27, 2020 |
Operating lease cost |
|
$ |
25,425 |
|
$ |
26,419 |
|
Variable lease cost |
|
1,132 |
|
515 |
|
|
|
$ |
26,557 |
|
$ |
26,934 |
|
Supplemental cash flow disclosures and other lease information:
|
|
|
|
|
|
|
|
|
|
Year Ended |
|
December 26, 2021 |
December 27, 2020 |
Cash paid for operating lease liabilities (a)
|
37,466 |
23,021 |
|
Operating lease assets obtained (surrendered) in exchange for operating lease liabilities (b)
|
(514) |
3,845 |
|
(a) The year-ended December 26, 2021 includes $7.8 million of termination payments for six of our closed restaurant operating leases.
(b) The year-ended December 26, 2021 includes a $10.1 million decrease to operating lease assets and liabilities related to the termination of six closed restaurant leases and a purchase of one existing lease, partially offset by a $9.5 million increase mainly due to extending remaining lives of certain leases. The year-ended December 27, 2020 includes a $9.4 million increase due to new lease commencements, partially offset by a $5.6 million reduction to the operating lease assets and liabilities mainly as a result of shortening the remaining life of certain leases.
|