v3.26.3
LEASES (Tables)
12 Months Ended
Jul. 25, 2026
Leases [Abstract]  
Total Lease Cost
The composition of total lease cost is as follows:
Years Ended
Classification in the
Consolidated Statements of Operations
July 25,
2026
July 26,
2025
July 27,
2024
Operating lease costOperating and administrative expense$36,798 $36,075 $36,989 
Finance lease cost:
Amortization of leased assetsDepreciation and amortization expense947 947 947 
Interest on lease liabilitiesInterest expense1,621 1,719 1,802 
Variable lease costOperating and administrative expense25,410 21,423 22,044 
Total lease cost$64,776 $60,164 $61,782 
Supplemental cash flow information related to leases is as follows:
Years Ended
July 25,
2026
July 26,
2025
July 27,
2024
Cash paid for amounts in the measurement of lease liabilities:
Operating cash flows from operating leases$36,043 $35,303 $35,618 
Operating cash flows from finance leases1,621 1,719 1,802 
Financing cash flows from finance leases1,305 1,138 887 
Lease obligations obtained in exchange for right-of-use assets (non-cash)10,633 13,918 12,727 
Operating Lease Maturity Maturities of operating and finance lease liabilities, including options to extend lease terms that are reasonably certain of being exercised, as of July 25, 2026 are as follows:
Operating
Leases
Finance
Leases
Total
Fiscal 2027$33,413 $2,657 $36,070 
Fiscal 202835,330 2,893 38,223 
Fiscal 202934,195 2,893 37,088 
Fiscal 203032,512 3,046 35,558 
Fiscal 203131,085 3,135 34,220 
Thereafter161,628 11,326 172,954 
Total lease payments328,163 25,950 354,113 
Less amount representing interest79,446 7,943 87,389 
Present value of lease liabilities$248,717 $18,007 $266,724 
Finance Lease Maturity Maturities of operating and finance lease liabilities, including options to extend lease terms that are reasonably certain of being exercised, as of July 25, 2026 are as follows:
Operating
Leases
Finance
Leases
Total
Fiscal 2027$33,413 $2,657 $36,070 
Fiscal 202835,330 2,893 38,223 
Fiscal 202934,195 2,893 37,088 
Fiscal 203032,512 3,046 35,558 
Fiscal 203131,085 3,135 34,220 
Thereafter161,628 11,326 172,954 
Total lease payments328,163 25,950 354,113 
Less amount representing interest79,446 7,943 87,389 
Present value of lease liabilities$248,717 $18,007 $266,724 
Lease Terms and Discount Rates
As of July 25, 2026, the Company's lease terms and discount rates are as follows:
July 25,
2026
July 26,
2025
Weighted-average remaining lease term (years)
Operating leases11.712.1
Finance leases9.710.6
Weighted-average discount rate
Operating leases4.6 %4.5 %
Finance leases8.6 %8.6 %