Leases (Tables)

12 Months Ended

Dec. 28, 2021

Leases [Abstract]

Schedule of Lease Costs and Supplemental Information

Supplemental balance sheet information related to leases is as follows (in thousands):

Classification		2021		2020
Assets
Operating	Operating lease assets, net	$	188,440	$	195,618
Finance	Property and equipment	6,394		7,822
Total leased assets		$	194,834	$	203,440
Liabilities
Current lease liabilities
Operating	Current operating lease liabilities	$	26,617	$	26,094
Finance	Accrued expenses and other current liabilities	1,956		1,800
Long-term lease liabilities
Operating	Long-term operating lease liabilities	200,243		210,454
Finance	Other long-term liabilities	4,654		6,056
Total lease liabilities		$	233,470	$	244,404

The components of lease costs are as follows (in thousands):

		Year Ended		Year Ended
Classification		December 28, 2021		December 29, 2020
Operating lease cost	Occupancy, other restaurant operating costs, general and administrative expenses, and pre-opening costs	$	39,075	$	39,870
	Closure costs, loss on disposals and other	1,598		1,309
Finance lease cost
Amortization of lease assets	Depreciation and amortization	2,128		1,142
Interest on lease liabilities	Interest expense, net	487		163
		43,288		42,484
Sublease income	Franchising royalties and fees, and other	(1,832)		(1,266)
Total lease cost, net		$	41,456	$	41,218

Lease term and discount rate are as follows:

	December 28, 2021		December 29, 2020
Weighted average remaining lease term (years):
Operating	8.1		8.5
Finance	3.4		4.2
Weighted average discount rate:
Operating	8.2	%	8.6	%
Finance	6.5	%	6.8	%

Supplemental disclosures of cash flow information related to leases are as follows (in thousands):

Cash paid for lease liabilities:	2021		2020
Operating leases	$	42,231	$	39,864
Finance leases	2,413		1,240
	$	44,644	$	41,104
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	$	15,642	$	8,310
Finance leases	701		8,291
	$	16,343	$	16,601

Schedule of Future Minimum Lease Payments for Finance Leases

Future minimum lease payments required under existing leases as of December 28, 2021 are as follows (in thousands):

	Operating Leases		Finance Leases		Total
2022	$	42,403	$	2,475	$	44,878
2023	42,392		2,100		44,492
2024	40,606		1,898		42,504
2025	39,017		808		39,825
2026	35,690		15		35,705
Thereafter	108,861		21		108,882
Total lease payments	308,969		7,317		316,286
Less: Imputed interest	82,109		707		82,816
Present value of lease liabilities	$	226,860	$	6,610	$	233,470

Schedule of Future Minimum Lease Payments for Operating Leases

Future minimum lease payments required under existing leases as of December 28, 2021 are as follows (in thousands):

	Operating Leases		Finance Leases		Total
2022	$	42,403	$	2,475	$	44,878
2023	42,392		2,100		44,492
2024	40,606		1,898		42,504
2025	39,017		808		39,825
2026	35,690		15		35,705
Thereafter	108,861		21		108,882
Total lease payments	308,969		7,317		316,286
Less: Imputed interest	82,109		707		82,816
Present value of lease liabilities	$	226,860	$	6,610	$	233,470