The company’s leases consist of the following types of assets: two bakeries, corporate office space, warehouses, bakery equipment, and transportation equipment. See below for the quantitative disclosures for our leases:

The following table details lease modifications and renewals and lease terminations (amounts in thousands):


	For the Twelve Weeks Ended				For the Twenty-Eight Weeks Ended
	July 12, 2025		July 13, 2024		July 12, 2025		July 13, 2024
Lease modifications and renewals	$	3,738	$	4,171	$	10,717	$	20,637
Lease terminations	$	826	$	221	$	881	$	1,551

The lease modifications and renewals for the twenty-eight weeks ended July 12, 2025 include renewals of multiple warehouses and transportation equipment. The lease modifications and renewals for the twenty-eight weeks ended July 13, 2024 include renewals of multiple warehouse leases.

Lease costs incurred by lease type, and/or type of payment, and other supplemental quantitative disclosures as of and for the twelve and twenty-eight weeks ended July 12, 2025 and July 13, 2024, were as follows (amounts in thousands):


	For the Twelve Weeks Ended				For the Twenty-Eight Weeks Ended
	July 12, 2025		July 13, 2024		July 12, 2025		July 13, 2024
Lease cost:
Amortization of right-of-use assets	$	23	$	64	$	44	$	151
Interest on lease liabilities		4		2		6		4
Operating lease cost		21,811		16,419		49,617		37,498
Short-term lease cost		4,326		2,724		7,995		3,427
Variable lease cost		9,535		8,571		21,507		22,348
Total lease cost	$	35,699	$	27,780	$	79,169	$	63,428


	For the Twenty-Eight Weeks Ended
	July 12, 2025		July 13, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from financing leases	$	6	$	4
Operating cash flows from operating leases	$	53,564	$	41,425
Financing cash flows from financing leases	$	44	$	169
Right-of-use assets obtained in exchange for new financing lease liabilities	$	129	$	215
Right-of-use assets obtained in exchange for new operating lease liabilities	$	40,224	$	40,393


Weighted-average remaining lease term (years):
Financing leases			3.9
Operating leases			5.9
Weighted-average IBR (percentage):
Financing leases			4.8
Operating leases			5.2

Estimated undiscounted future lease payments under non-cancelable operating leases and financing leases, along with a reconciliation of the undiscounted cash flows to operating and financing lease liabilities, respectively, as of July 12, 2025 (in thousands) were as follows:


	Operating lease liabilities			Financing lease liabilities
Remainder of 2025	$	46,189		$	28
2026		80,353			92
2027		71,549			71
2028		52,222			58
2029		34,388			52
2030 and thereafter		96,862			4
Total minimum lease payments		381,563			305
Less: amount of lease payments representing interest		(53,500	)		(29	)
Present value of future minimum lease payments		328,063			276
Less: current obligations under leases		(72,978	)		(121	)
Long-term lease obligations	$	255,085		$	155