Leases (Tables)

12 Months Ended

Dec. 26, 2020

Lease, Cost [Table Text Block]

The components of lease cost for finance leases and operating leases as of December 26, 2020 were (in thousands):

Finance leases:
Amortization of right-of-use assets	$	24,589
Interest on lease liability		3,155
Total finance lease cost		27,744
Operating leases:
Lease cost		3,075
Variable lease cost		—
Sublease income		(4,695	)
Total net operating lease income		(1,620	)
Total net lease cost	$	26,124

Schedule Of Supplemental Balance Sheet In formation Related To Leases [Table Text Block]

A summary of the lease classification on our consolidated balance sheet as of December 26, 2020 is as follows (in thousands):

Assets:

Operating lease right-of-use assets	Other assets	$	2,595
Finance lease assets	Operating property, less accumulated depreciation and amortization		139,259
Total lease assets		$	141,854

Finance And Operating Lease Maturity [Table Text Block]

Liabilities:

The following table reconciles the undiscounted cash flows for the finance and operating leases to the finance and operating lease liabilities recorded on the balance sheet at December 26, 2020 (in thousands):

	Finance Leases		Operating Leases
2021	$	37,917	$	762
2022		28,774		697
2023		21,759		612
2024		11,827		528
2025		5,580		216
Thereafter		—		—
Total future minimum lease payments		105,857		2,815
Less amount representing interest (1.9% to 4.4%)		5,083		220
Present value of minimum lease payments	$	100,774	$	2,595
Current maturities of long-term debt		35,415
Long-term debt, excluding current maturities		65,359
Other current liabilities				739
Deferred income taxes and other noncurrent liabilities				1,856

Schedule Discount Rate And Lease Term Used In Calculating Lease Liabilities And Assets [Table Text Block]

The weighted average remaining lease term and the weighted average discount rate for finance and operating leases as of December 26, 2020 were:

	Finance Leases			Operating Leases
Weighted average remaining lease term (years)		3.4			4.0
Weighted average discount rate		3.0	%		4.0	%