Leases (Tables) - Suja Life Holdings, L.P.

3 Months Ended

Mar. 30, 2026

Lessee, Lease, Description [Line Items]

Leases were included on the Company’s condensed consolidated balance sheets as follows:


($ in thousands)	March 30, 2026			December 29, 2025
Finance Leases:
Right-of-use assets, gross	$	522		$	522
Accumulated depreciation	(362)			(326)
Right-of-use assets, net(1)	$	160		$	196
Current portion of finance lease obligations	$	63		$	110
Long-term finance lease obligations	89			98
Total lease obligation	$	152		$	208
Weighted average remaining lease term	2.8 years			2.4 years
Weighted average discount rate	8.0		%	8.0		%
Operating Leases:
Right-of-use assets, net	$	22,766		$	23,387
Current portion of operating lease obligations	$	2,519		$	2,450
Long-term operating lease obligations	23,382			24,051
Total lease obligations	$	25,901		$	26,501
Weighted average remaining lease term	6.9 years			7.1 years
Weighted average discount rate	7.0		%	7.0		%

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(1)Finance lease right-of-use assets, net are included in other assets on the Company’s condensed consolidated balance sheet.

Schedule of Components of Lease Expense

The components of lease expense are as follows:


	For the Three Months Ended
($ in thousands)	March 30, 2026		March 31, 2025
Finance lease cost:
Amortization of right-of-use asset	$	36	$	39
Interest on lease obligations	3		7
Total finance lease cost	$	39	$	46
Operating lease cost	$	1,062	$	919


Short-term lease cost	$	264	$	187
Variable lease cost(1)	$	166	$	253

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(1)Consists primarily of common area maintenance, real estate taxes, utilities, operating expenses, and insurance for real estate leases; insurance and personal property expense for equipment leases; and certain vehicle related charges for finance leases that vary based on actual usage, activity, or other factors that do not depend on an index or rate and therefore are excluded from the measurement of lease liabilities and right-of-use assets.

Schedule of Supplemental Cash Flow Information

Supplemental cash flow information related to leases is as follows:


	For the Three Months Ended
($ in thousands)		March 30, 2026		December 29, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	(1,041)	$	(3,913)
Financing cash flows from finance leases		$	(59)	$	(170)

Schedule of Operating Lease Maturity

Future maturities of the Company’s finance and operating lease obligations as of March 30, 2026 were as follows:


($ in thousands)	Finance Leases		Operating Leases
Remainder of 2026	$	60	$	4,205
2027	44		4,302
2028	44		4,428
2029	20		4,580
2030	—		4,743
Thereafter	—		10,787
Total lease payments	168		33,045
Less: interest	(16)		(7,144)
	$	152	$	25,901

Schedule of Finance Leases Maturity

Future maturities of the Company’s finance and operating lease obligations as of March 30, 2026 were as follows:


($ in thousands)	Finance Leases		Operating Leases
Remainder of 2026	$	60	$	4,205
2027	44		4,302
2028	44		4,428
2029	20		4,580
2030	—		4,743
Thereafter	—		10,787
Total lease payments	168		33,045
Less: interest	(16)		(7,144)
	$	152	$	25,901