v3.26.1
Leases (Tables)
3 Months Ended
Mar. 22, 2026
Leases [Abstract]  
Components of Operating and Finance Lease Cost

The components of operating and finance lease cost for the first quarters of 2026 and 2025 were as follows:

 

 

Fiscal Quarter Ended

 

 

 

March 22,

 

 

March 23,

 

 

 

2026

 

 

2025

 

Operating lease cost

 

$

12,574

 

 

$

12,112

 

Finance lease cost:

 

 

 

 

 

 

Amortization of right-of-use assets

 

 

1,373

 

 

 

1,258

 

Interest on lease liabilities

 

 

1,220

 

 

 

871

 

Total finance lease cost

 

$

2,593

 

 

$

2,129

 

Schedule of Supplemental Balance Sheet Information Related to Finance Leases

Supplemental balance sheet information related to the Company’s finance leases as of March 22, 2026 and December 28, 2025 was as follows:

 

 

March 22,
2026

 

 

December 28,
2025

 

Land and buildings

 

$

146,638

 

 

$

80,457

 

Equipment

 

 

4,169

 

 

 

4,225

 

Finance lease assets

 

 

150,807

 

 

 

84,682

 

Accumulated depreciation and amortization

 

 

(34,178

)

 

 

(32,908

)

Finance lease assets, net

 

$

116,629

 

 

$

51,774

 

 

 

 

 

 

 

 

Current portion of long-term debt

 

$

7,294

 

 

$

6,017

 

Long-term debt, less current portion

 

 

119,965

 

 

 

55,991

 

Total principal payable on finance leases

 

$

127,259

 

 

$

62,008

 

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the first quarters of 2026 and 2025 were as follows:

 

 

Fiscal Quarter Ended

 

 

 

March 22,

 

 

March 23,

 

 

 

2026

 

 

2025

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

11,211

 

 

$

10,113

 

Operating cash flows from finance leases

 

 

1,220

 

 

 

871

 

Financing cash flows from finance leases

 

 

823

 

 

 

631

 

Cash paid for amounts included in the measurement of
   financing obligation from sale leaseback:

 

 

 

 

 

 

Operating cash flows from sale leaseback

 

 

197

 

 

 

198

 

Financing cash flows from sale leaseback

 

 

17

 

 

 

15

 

Right-of-use assets obtained in exchange for lease obligations:

 

 

 

 

 

 

Operating leases

 

 

30,377

 

 

 

15,967

 

Finance leases

 

 

65,589