Property and Equipment, Net |
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Jun. 29, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property and Equipment, Net | Property and Equipment, Net Property and equipment consisted of the following (in millions):
Amortization of finance right-of-use (“ROU”) assets and depreciation expense was $20.2 million and $40.1 million for the three and six months ended June 29, 2025, and $18.9 million and $35.8 million for the three and six months ended June 30, 2024, respectively. Capitalized software has an estimated useful life of three years. The amounts of total capitalized software costs, including purchased and internally developed software, included in Other assets at June 29, 2025 and December 29, 2024 were $27.6 million and $25.2 million, less accumulated amortization of $15.1 million and $13.1 million, respectively. Amortization of these software costs was $0.9 million and $1.8 million for the three and six months ended June 29, 2025, and $0.6 million and $1.2 million for the three and six months ended June 30, 2024, respectively.
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