Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Assets And Liabilities

The table below presents the lease-related assets and liabilities recorded on the balance sheet:

(In thousands)	Classification in the Consolidated Balance Sheet	December 31, 2023		December 31, 2022
Operating lease right-of-use assets	Right of use assets	$	35,374	$	57,600
Current operating lease liabilities	Accrued expenses and other	$	10,081	$	9,911
Noncurrent operating lease liabilities	Other	42,905		59,124
Total operating lease liabilities		$	52,986	$	69,035

Schedule of Operating Lease Costs

The total lease cost for operating leases included in operating costs in our Consolidated Statement of Operations was as follows:

	For the Twelve Months Ended
(In thousands)	December 31, 2023		December 31, 2022		December 26, 2021
Operating lease cost	$	12,026	$	13,553	$	11,926
Short term and variable lease cost	1,645		1,714		1,575
Total lease cost	$	13,671	$	15,267	$	13,501

The table below presents additional information regarding operating leases:

(In thousands, except for lease term and discount rate)	December 31, 2023			December 31, 2022
Cash paid for amounts included in the measurement of operating lease liabilities	$	13,476		$	12,881
Right-of-use assets obtained in exchange for operating lease liabilities	$	2,850		$	5,970
Weighted-average remaining lease term	6.4 years			8.5 years
Weighted-average discount rate	5.04		%	4.45		%

Schedule of Operating Lease Liability Maturity

Maturities of lease liabilities on an annual basis for the Company’s operating leases as of December 31, 2023, were as follows:

(In thousands)	Amount
2024	$	12,279
2025	9,573
2026	8,221
2027	7,359
2028	7,200
Later years	18,012
Total lease payments	$	62,644
Less: Interest	(9,658)
Present value of lease liabilities	$	52,986

Schedule of Operating Lease, Lease Income

We generate building rental revenue from the floors in the Company Headquarters that we lease to third parties. The building rental revenue was as follows:

	For the Twelve Months Ended
(In thousands)	December 31, 2023		December 31, 2022		December 26, 2021
Building rental revenue	$	27,163	$	28,516	$	22,851

Schedule of Cash Flows To Be Received

Maturities of lease payments to be received on an annual basis for the Company’s office space operating leases as of December 31, 2023, were as follows:

(In thousands)	Amount
2024	$	29,053
2025	29,344
2026	29,344
2027	29,337
2028	14,708
Later years	57,735
Total building rental revenue from operating leases	$	189,521