Leases Leases (Tables)
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6 Months Ended |
Jun. 26, 2021 |
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| Leases [Abstract] |
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| Lease, Cost |
The components of operating and finance lease cost for the thirteen and twenty-six weeks ended June 26, 2021 and thirteen and twenty-six weeks ended June 27, 2020 were as follows:
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Thirteen Weeks Ended
June 26, 2021 |
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Twenty-six Weeks Ended
June 26, 2021 |
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Thirteen Weeks Ended
June 27, 2020 |
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Twenty-six Weeks Ended
June 27, 2020 |
| Operating lease cost |
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$ |
5,149 |
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$ |
10,243 |
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$ |
4,547 |
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$ |
9,294 |
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| Short term lease costs |
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1,100 |
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1,986 |
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528 |
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1,049 |
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| Variable lease costs |
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453 |
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757 |
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491 |
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671 |
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| Finance lease cost: |
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| Amortization of right of use assets |
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224 |
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438 |
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200 |
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402 |
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| Interest on lease liabilities |
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32 |
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67 |
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36 |
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72 |
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June 26, 2021 |
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December 26, 2020 |
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Operating Leases |
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Finance Leases |
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Operating Leases |
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Finance Leases |
| Weighted average remaining lease term |
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7.09 |
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2.47 |
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7.19 |
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2.61 |
| Weighted average discount rate |
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8.20% |
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7.15% |
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8.28% |
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7.14% |
Supplemental cash flow information related to the Company's operating leases was as follows for the twenty-six weeks ended June 26, 2021 and twenty-six weeks ended June 27, 2020:
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Twenty-six Weeks Ended
June 26, 2021 |
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Twenty-six Weeks Ended
June 27, 2020 |
| Cash paid for amounts included in the measurement of lease liabilities: |
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| Operating cash outflow from operating leases |
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$ |
9,778 |
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$ |
8,956 |
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| Operating cash outflow from finance leases |
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68 |
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72 |
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| Financing cash outflow from finance leases |
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460 |
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411 |
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| Assets and Liabilities, Lessee |
Supplemental balance sheet information related to the Company's finance leases was as follows as of June 26, 2021 and December 26, 2020:
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June 26, 2021 |
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December 26, 2020 |
| Finance lease assets, net, included in property plant and equipment |
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$ |
1,783 |
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$ |
1,919 |
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| Current portion of long-term debt |
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833 |
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872 |
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| Long-term debt, less current portion |
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940 |
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1,172 |
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| Total principal payable on finance leases |
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1,773 |
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2,044 |
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| Lessee, Operating Lease, Liability Maturity |
Maturities of our lease liabilities for all operating and finance leases are as follows as of June 26, 2021:
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Operating Leases |
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Finance Leases |
| Less than one year |
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$ |
18,542 |
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$ |
937 |
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| 1 to 2 years |
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17,126 |
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628 |
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| 2 to 3 years |
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15,665 |
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373 |
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| 3 to 4 years |
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15,473 |
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5 |
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| 4 to 5 years |
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14,647 |
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— |
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| After 5 years |
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37,231 |
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— |
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| Total future minimum rental commitments |
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118,684 |
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1,943 |
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| Less - amounts representing interest |
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(28,642) |
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(170) |
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| Present value of lease liabilities |
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$ |
90,042 |
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$ |
1,773 |
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| Lessee, Financing Lease, Liability Maturity |
Maturities of our lease liabilities for all operating and finance leases are as follows as of June 26, 2021:
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Operating Leases |
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Finance Leases |
| Less than one year |
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$ |
18,542 |
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$ |
937 |
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| 1 to 2 years |
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17,126 |
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628 |
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| 2 to 3 years |
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15,665 |
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373 |
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| 3 to 4 years |
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15,473 |
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5 |
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| 4 to 5 years |
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14,647 |
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— |
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| After 5 years |
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37,231 |
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— |
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| Total future minimum rental commitments |
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118,684 |
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1,943 |
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| Less - amounts representing interest |
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(28,642) |
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(170) |
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| Present value of lease liabilities |
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$ |
90,042 |
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$ |
1,773 |
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