Leases (Tables)

6 Months Ended

Jun. 25, 2022

Lease, Cost [Table Text Block]

The components of lease cost for finance leases and operating leases for the twenty six weeks ended June 25, 2022 were (in thousands):

Finance leases:
Amortization of right-of-use assets	$	10,792
Interest on lease liability		1,351
Total finance lease cost		12,143
Operating leases:
Lease cost		1,757
Variable lease cost		—
Sublease income		(2,524	)
Total net operating lease income		(767	)
Total net lease cost	$	11,376

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 June 25, 2022 is as follows (in thousands):

Assets:

Operating lease right-of-use assets	Other assets	$	1,743
Finance lease assets	Operating property, less accumulated depreciation and amortization		148,084
Total lease assets		$	149,827

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 June 25, 2022 (in thousands):

	Finance Leases		Operating Leases
2022 Remainder	$	20,806	$	388
2023		35,904		639
2024		26,048		535
2025		19,838		284
2026		11,698		—
Thereafter		1,884		—
Total future minimum lease payments		116,178		1,846
Less amount representing interest (1.6% to 4.6%)		5,352		103
Present value of minimum lease payments	$	110,826	$	1,743
Current maturities of long-term debt		36,827
Long-term debt, excluding current maturities		73,999
Other current liabilities				712
Deferred income taxes and other noncurrent liabilities				1,031

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 June 25, 2022 were:

	Finance Leases			Operating Leases
Weighted average remaining lease term (years)		3.6			2.8
Weighted average discount rate		2.8	%		4.0	%