| Schedule of Components of Lease Cost |
The components of lease cost, classified within cost of goods sold, selling, general and administrative and interest expense for the 13-week and 26-week periods ended June 29, 2025 and June 30, 2024 are below:
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13-Weeks Ended |
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26-Weeks Ended |
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June 29,
2025 |
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June 30,
2024 |
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June 29,
2025 |
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June 30,
2024 |
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Operating lease cost |
|
$ |
2,082 |
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|
$ |
1,062 |
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|
$ |
3,890 |
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|
$ |
1,984 |
|
Finance lease cost – amortization of ROU assets |
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|
1,067 |
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|
|
938 |
|
|
|
2,107 |
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|
|
1,852 |
|
Finance lease cost – interest on lease liabilities |
|
|
198 |
|
|
|
238 |
|
|
|
410 |
|
|
|
485 |
|
Short-term lease cost |
|
|
419 |
|
|
|
37 |
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|
|
457 |
|
|
|
69 |
|
Variable lease cost |
|
|
4,531 |
|
|
|
2,595 |
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|
|
8,020 |
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|
|
5,102 |
|
Variable lease cost – long-term supply contracts |
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|
61,176 |
|
|
|
54,429 |
|
|
|
116,244 |
|
|
|
110,432 |
|
Total lease cost |
|
$ |
69,473 |
|
|
$ |
59,299 |
|
|
$ |
131,128 |
|
|
$ |
119,924 |
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| Summary of Operating and Finance Leases Future Undiscounted Cash Flows |
Future undiscounted cash flows are as follows:
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As of June 29, 2025 |
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Operating Leases |
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|
Finance Leases |
|
2025 |
|
$ |
4,083 |
|
|
$ |
2,493 |
|
2026 |
|
|
2,841 |
|
|
|
5,031 |
|
2027 |
|
|
— |
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|
|
4,234 |
|
Total lease payments |
|
|
6,924 |
|
|
|
11,758 |
|
Less imputed interest |
|
|
(195 |
) |
|
|
(899 |
) |
Total present value of lease liabilities |
|
$ |
6,729 |
|
|
$ |
10,859 |
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