Leases (Tables)

3 Months Ended

Mar. 26, 2022

Lease, Cost [Table Text Block]

The components of lease cost for finance leases and operating leases for the thirteen weeks ended March 26, 2022 were (in thousands):

Finance leases:
Amortization of right-of-use assets	$	5,327
Interest on lease liability		700
Total finance lease cost		6,027
Operating leases:
Lease cost		926
Variable lease cost		—
Sublease income		(1,213	)
Total net operating lease income		(287	)
Total net lease cost	$	5,740

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

A summary of the lease classification on our consolidated balance sheet as of March 26, 2022 is as follows (in thousands):

Assets:

Operating lease right-of-use assets	Other assets	$	1,916
Finance lease assets	Operating property, less accumulated depreciation and amortization		137,818
Total lease assets		$	139,734

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 March 26, 2022 (in thousands):

	Finance Leases		Operating Leases
2022 Remainder	$	28,777	$	583
2023		31,916		638
2024		22,045		534
2025		15,820		282
2026		7,668		—
Thereafter		—		—
Total future minimum lease payments		106,226		2,037
Less amount representing interest (1.6% to 4.4%)		3,954		121
Present value of minimum lease payments	$	102,272	$	1,916
Current maturities of long-term debt		34,983
Long-term debt, excluding current maturities		67,289
Other current liabilities				744
Deferred income taxes and other noncurrent liabilities				1,172

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 March 26, 2022 were:

	Finance Leases			Operating Leases
Weighted average remaining lease term (years)		3.4			3.4
Weighted average discount rate		2.5	%		4.0	%