Leases (Tables)
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6 Months Ended |
Jun. 25, 2023 |
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| Leases [Abstract] |
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| Components of operating lease costs |
Components of operating lease costs are included in occupancy, closed restaurant costs, restaurant pre-opening, general and administrative expense and property and equipment, net:
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Thirteen Weeks Ended |
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Twenty-Six Weeks Ended |
| Lease cost |
June 25, 2023 |
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June 26, 2022 |
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June 25, 2023 |
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June 26, 2022 |
| Operating lease cost |
$ |
6,000 |
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$ |
6,145 |
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$ |
12,041 |
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$ |
12,354 |
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| Variable lease cost |
481 |
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357 |
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931 |
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736 |
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$ |
6,481 |
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$ |
6,502 |
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$ |
12,972 |
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$ |
13,090 |
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| Supplemental Cash Flow Information |
Supplemental cash flow disclosures and other lease information:
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Twenty-Six Weeks Ended |
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June 25, 2023 |
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June 26, 2022 |
| Cash paid for operating lease liabilities |
$ |
13,238 |
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$ |
14,593 |
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Operating lease assets obtained in exchange for operating lease liabilities(a)
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841 |
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4,528 |
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| Supplemental balance sheet information |
Supplemental balance sheet disclosures:
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| Operating leases |
Classification |
June 25, 2023 |
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December 25, 2022 |
| Right-of-use assets |
Operating lease assets |
$ |
142,677 |
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$ |
146,920 |
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| Deferred rent payments |
Operating lease liability |
7 |
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84 |
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| Current lease liabilities |
Operating lease liability |
12,568 |
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12,415 |
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12,575 |
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12,499 |
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| Deferred rent payments |
Operating lease liability, less current portion |
65 |
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68 |
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| Non-current lease liabilities |
Operating lease liability, less current portion |
178,078 |
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183,602 |
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178,143 |
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183,670 |
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| Total lease liabilities |
$ |
190,718 |
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$ |
196,169 |
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| Weighted average remaining lease term (in years) |
12.2 |
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12.7 |
| Weighted average discount rate |
7.6 |
% |
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7.6% |
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| Operating Lease Liability Maturity Schedule |
Future minimum rent payments for our operating leases for the next five years as of June 25, 2023 are as follows:
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| Fiscal year ending: |
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| Remainder of 2023 |
$ |
13,250 |
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| 2024 |
26,689 |
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| 2025 |
26,805 |
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| 2026 |
25,824 |
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| 2027 |
23,419 |
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| Thereafter |
176,364 |
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| Total minimum lease payments |
292,351 |
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| Less: imputed interest |
101,633 |
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| Present value of lease liabilities |
$ |
190,718 |
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