XML 1031 R15.htm IDEA: XBRL DOCUMENT v3.22.0.1
Operating Property
12 Months Ended
Dec. 25, 2021
Operating Property
(6) Operating Property
Operating property is summarized as follows (in thousands):
 
    
Dec. 25, 2021
    
Dec. 26, 2020
 
Land
   $ 16,328      $ 16,328  
Buildings and improvements
     65,034        64,314  
Trailing equipment
     479,300        433,400  
Information technology hardware and software
     91,115        72,560  
Other equipment
     9,708        9.801  
    
 
 
    
 
 
 
Total operating property, gross
     661,485        596,403  
Less accumulated depreciation and amortization
     344,099        299,407  
    
 
 
    
 
 
 
Total operating property, net
   $ 317,386      $ 296,996  
    
 
 
    
 
 
 
Included above is $189,053,000 in fiscal year 2021 and $199,045,000 in fiscal year 2020 of operating property under finance leases, $143,227,000 and $139,259,000, respectively, net of accumulated depreciation and amortization. Landstar acquired operating property by entering into finance leases in the amount of $48,674,000 in fiscal year 2021, $31,633,000 in fiscal year 2020 and $29,054,000 in fiscal year 2019.