v3.25.2
LEASES
6 Months Ended
Jun. 29, 2025
Leases [Abstract]  
LEASES LEASES
The Company recognized lease expense of $8.2 million and $7.9 million for the thirteen weeks ended June 29, 2025 and June 30, 2024, respectively. The Company recognized lease expense of $15.2 million and $16.1 million for the twenty-six weeks ended June 29, 2025 and June 30, 2024, respectively.
Operating lease right-of-use assets and operating lease liabilities relating to the operating leases are as follows (in millions):
June 29,
2025
 December 29,
2024
Operating lease right-of-use assets$196.0 $198.1 
Right-of-use assets classified as held-for-sale— 0.4 
Total right-of-use assets$196.0 $198.5 
Operating lease liabilities$214.7 $216.4 
Lease liabilities related to assets held-for-sale— 0.4 
Total operating lease liabilities$214.7 $216.8 
The contractual future maturities of the Company’s operating lease liabilities as of June 29, 2025, including anticipated lease extensions, are as follows (in millions):
Fiscal year:
Remainder of 2025$15.4 
202629.4 
202728.8 
202826.3 
202925.6 
Thereafter312.2 
Total lease payments$437.7 
Less: imputed interest(223.0)
Total$214.7 
The current portion of the operating lease liability as of June 29, 2025 was $15.8 million.
Supplemental cash flow information for the twenty-six weeks ended June 29, 2025 related to leases was as follows (in millions):
Twenty-Six Weeks Ended
June 29, 2025June 30, 2024
Cash paid for amounts included in the measurement of operating lease liabilities: 
Operating cash flows from operating leases$13.7 $15.0 
Operating lease right-of-use assets obtained in exchange for new lease obligations:
Operating lease liabilities $9.0 $8.1