v3.26.1
Leases
6 Months Ended
Jul. 18, 2026
Leases [Abstract]  
Leases

6. LEASES

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 18, 2026

 

 

July 12, 2025

 

 

July 18, 2026

 

 

July 12, 2025

 

Lease modifications and renewals

 

$

4,673

 

 

$

3,738

 

 

$

9,735

 

 

$

10,717

 

Lease terminations

 

$

284

 

 

$

826

 

 

$

677

 

 

$

881

 

The lease modifications and renewals for the twelve and twenty-eight weeks ended July 18, 2026 and July 12, 2025 include renewals of multiple warehouses.

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 18, 2026 and July 12, 2025 were as follows (amounts in thousands):

 

 

 

For the Twelve Weeks Ended

 

 

For the Twenty-Eight Weeks Ended

 

 

 

July 18, 2026

 

 

July 12, 2025

 

 

July 18, 2026

 

 

July 12, 2025

 

Lease cost:

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of right-of-use assets

 

$

4

 

 

$

23

 

 

$

28

 

 

$

44

 

Interest on lease liabilities

 

 

 

 

 

4

 

 

 

3

 

 

 

6

 

Operating lease cost

 

 

20,935

 

 

 

21,811

 

 

 

49,457

 

 

 

49,617

 

Short-term lease cost

 

 

4,049

 

 

 

4,326

 

 

 

9,194

 

 

 

7,995

 

Variable lease cost

 

 

7,977

 

 

 

9,535

 

 

 

17,186

 

 

 

21,507

 

Total lease cost

 

$

32,965

 

 

$

35,699

 

 

$

75,868

 

 

$

79,169