Commitments and Contingencies (Tables)

12 Months Ended

Dec. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of Supplemental Balance Sheet Information Related to Operating Leases

The table below presents supplemental balance sheet information related to operating leases.

in thousands, except lease term and discount rate	Classification	As of December 30, 2021		As of December 31, 2020
Assets
Building	Right-of-use assets	$	972,962	$	851,092
Land	Right-of-use assets	107,764		56,708
Equipment	Right-of-use assets	14,127		6,865
Software	Right-of-use assets	8,897		1,660
Total operating lease assets		1,103,750		916,325
Liabilities
Current
Building	Current portion of lease liabilities	92,909		88,287
Land	Current portion of lease liabilities	1,385		440
Equipment	Current portion of lease liabilities	6,842		3,941
Software	Current portion of lease liabilities	3,466		1,834
Total current operating lease liabilities		104,602		94,502
Noncurrent
Building	Lease liabilities	989,712		873,098
Land	Lease liabilities	120,174		65,103
Equipment	Lease liabilities	7,285		2,924
Software	Lease liabilities	3,819		—
Total noncurrent operating lease liabilities		1,120,990		941,125
Total operating lease liabilities		$	1,225,592	$	1,035,627
Weighted-average remaining lease term		11 years		11 years
Weighted-average discount rate		5.1%		5.3%

Schedule of Components of Lease Expense

The table below presents components of lease expense for operating leases.

		Fiscal Year Ended
in thousands	Classification	December 30, 2021		December 31, 2020		December 26, 2019
Fixed operating lease cost:	Selling and store operating	$	123,882	$	105,207	$	87,124
	Cost of sales	24,170		22,672		17,132
	Pre-opening	10,127		7,886		5,959
	General and administrative	4,359		4,118		2,272
Total fixed operating lease cost		$	162,538	$	139,883	$	112,487
Variable lease cost (1):	Selling and store operating	$	42,093	$	34,499	$	28,894
	Cost of sales	5,506		4,860		3,570
	Pre-opening	274		657		151
	General and administrative	310		151		5
Total variable lease cost		$	48,183	$	40,167	$	32,620
Sublease income	Cost of sales	(2,694)		(2,713)		(2,414)
Operating lease right-of-use asset impairment	General and administrative	—		—		4,136
Total operating lease cost (2)		$	208,027	$	177,337	$	146,829

(1)Includes variable costs for common area maintenance, property taxes, and insurance on leased real estate.

(2)Excludes short-term lease costs, which were immaterial for the fiscal years ended December 30, 2021, December 31, 2020, and December 26, 2019.

Schedule of Future Minimum Lease Payments Under Non Cancelable Operating Leases

Future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year) as of December 30, 2021 were as follows:

in thousands	Amount
2022	$	163,924
2023	170,295
2024	161,516
2025	151,944
2026	143,693
Thereafter	866,242
Total minimum lease payments (1) (2)	1,657,614
Less: amount of lease payments representing interest	432,022
Present value of future minimum lease payments	1,225,592
Less: current obligations under leases	104,602
Long-term lease obligations	$	1,120,990

(1)Future lease payments exclude approximately $72.6 million of legally binding minimum lease payments for operating leases signed but not yet commenced.

(2)Operating lease payments include $108.5 million related to options to extend lease terms that are reasonably certain of being exercised.