Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost
Components of operating lease costs are included in occupancy, closed restaurant costs, restaurant pre-opening, general and administrative expense and property and equipment, net:
Thirteen Weeks Ended
Lease cost March 31, 2024 March 26, 2023
Operating lease cost $ 6,026  $ 6,041 
Variable lease cost 385  450 
$ 6,411  $ 6,491 
Schedule of Supplemental Cash Flow Information
Supplemental cash flow disclosures and other lease information:
Thirteen Weeks Ended
March 31, 2024 March 26, 2023
Cash paid for operating lease liabilities $ 6,509  $ 6,821 
Operating lease assets obtained in exchange for operating lease liabilities(a)
2,181  — 
(a) The thirteen weeks ended March 31, 2024 includes a $1.2 million increase to operating lease assets and liabilities related to new lease commencements and a $1.0 million increase primarily due to extending remaining lives of certain leases.
Schedule of Lease Assets And Liabilities
Supplemental balance sheet disclosures:
Operating leases Classification March 31, 2024 December 31, 2023
Right-of-use assets Operating lease assets $ 139,718  $ 140,138 
Deferred rent payments Operating lease liability
Current lease liabilities Operating lease liability 13,253  12,982 
13,260  12,988 
Deferred rent payments Operating lease liability, less current portion 59  61 
Non-current lease liabilities Operating lease liability, less current portion 174,097  174,175 
174,156  174,236 
Total lease liabilities $ 187,416  $ 187,224 
Weighted average remaining lease term (in years) 11.9 12.0
Weighted average discount rate 7.8  % 7.8%
Schedule of Operating Lease, Liability, to be Paid, Maturity
Future minimum rent payments for our operating leases for the next five years as of March 31, 2024 are as follows:
Fiscal year ending:
Remainder of 2024 $ 20,281 
2025 27,437 
2026 26,881 
2027 24,838 
2028 24,445 
Thereafter 162,506 
Total minimum lease payments 286,388 
Less: imputed interest 98,972 
Present value of lease liabilities $ 187,416