Leases (Tables)
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6 Months Ended |
Jun. 25, 2022 |
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| Leases [Abstract] |
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| Lease, Cost |
The components of operating and finance lease costs for the thirteen and twenty-six weeks ended June 25, 2022 and thirteen and twenty-six weeks ended June 26, 2021 were as follows:
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Thirteen Weeks Ended
June 25, 2022 |
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Thirteen Weeks Ended
June 26, 2021 |
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Twenty-six Weeks Ended
June 25, 2022 |
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Twenty-six Weeks Ended
June 26, 2021 |
| Operating lease costs |
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$ |
4,953 |
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$ |
5,149 |
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$ |
9,948 |
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$ |
10,243 |
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| Short term lease costs |
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2,135 |
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1,100 |
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3,987 |
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1,986 |
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| Variable lease costs |
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551 |
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453 |
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877 |
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757 |
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| Finance lease costs: |
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| Amortization of right of use assets |
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332 |
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224 |
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597 |
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438 |
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| Interest on lease liabilities |
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27 |
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32 |
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53 |
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67 |
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June 25, 2022 |
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December 25, 2021 |
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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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6.41 |
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2.68 |
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6.60 |
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2.60 |
| Weighted average discount rate |
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7.41% |
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3.53% |
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7.88% |
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5.59% |
Supplemental cash flow information related to the Company's operating leases was as follows for the twenty-six weeks ended June 25, 2022 and twenty-six weeks ended June 26, 2021:
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Twenty-six Weeks Ended
June 25, 2022 |
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Twenty-six Weeks Ended
June 26, 2021 |
| 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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$ |
9,637 |
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$ |
9,778 |
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| Operating cash outflow from finance leases |
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53 |
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68 |
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| Financing cash outflow from finance leases |
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556 |
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460 |
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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 25, 2022 and December 25, 2021:
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June 25, 2022 |
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December 25, 2021 |
| Finance lease assets, net, included in property plant and equipment |
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$ |
3,052 |
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$ |
1,768 |
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| Current portion of long-term debt |
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1,222 |
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767 |
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| Long-term debt, less current portion |
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1,842 |
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1,015 |
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| Total principal payable on finance leases |
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$ |
3,064 |
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$ |
1,782 |
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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 25, 2022:
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Operating Leases |
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Finance Leases |
| Less than one year |
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$ |
18,280 |
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$ |
1,294 |
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| 1 to 2 years |
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16,554 |
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1,129 |
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| 2 to 3 years |
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15,917 |
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573 |
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| 3 to 4 years |
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14,909 |
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163 |
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| 4 to 5 years |
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13,815 |
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23 |
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| After 5 years |
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24,136 |
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4 |
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| Total future minimum rental commitments |
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103,611 |
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3,186 |
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| Less - amounts representing interest |
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(20,093) |
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(122) |
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| Present value of lease liabilities |
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$ |
83,518 |
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$ |
3,064 |
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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 25, 2022:
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Operating Leases |
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Finance Leases |
| Less than one year |
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$ |
18,280 |
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$ |
1,294 |
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| 1 to 2 years |
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16,554 |
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1,129 |
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| 2 to 3 years |
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15,917 |
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573 |
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| 3 to 4 years |
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14,909 |
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163 |
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| 4 to 5 years |
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13,815 |
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23 |
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| After 5 years |
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24,136 |
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4 |
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| Total future minimum rental commitments |
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103,611 |
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3,186 |
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| Less - amounts representing interest |
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(20,093) |
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(122) |
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| Present value of lease liabilities |
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$ |
83,518 |
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$ |
3,064 |
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