Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
9 Months Ended
Sep. 24, 2022
Leases [Abstract]  
Lease, Cost
The components of operating and finance lease costs for the thirteen and thirty-nine weeks ended September 24, 2022 and thirteen and thirty-nine weeks ended September 25, 2021 were as follows:
Thirteen Weeks Ended
September 24, 2022
Thirteen Weeks Ended
September 25, 2021
Thirty-nine Weeks Ended
September 24, 2022
Thirty-nine Weeks Ended
September 25, 2021
Operating lease costs $ 5,082  $ 5,482  $ 15,029  $ 15,724 
Short term lease costs 1,563  834  5,891  2,820 
Variable lease costs 529  576  1,066  1,334 
Finance lease costs:
Amortization of right of use assets 485  230  1,082  668 
Interest on lease liabilities 34  29  87  96 
September 24, 2022 and December 25, 2021:
September 24, 2022 December 25, 2021
Operating Leases Finance Leases Operating Leases Finance Leases
Weighted average remaining lease term 6.30 2.82 6.60 2.60
Weighted average discount rate 7.35% 2.84% 7.88% 5.59%
Supplemental cash flow information related to the Company's operating leases was as follows for the thirty-nine weeks ended September 24, 2022 and thirty-nine weeks ended September 25, 2021:

Thirty-nine Weeks Ended
September 24, 2022
Thirty-nine Weeks Ended
September 25, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflow from operating leases $ 14,497  $ 14,854 
Operating cash outflow from finance leases 84  99 
Financing cash outflow from finance leases 998  697 
Assets and Liabilities, Lessee
Supplemental balance sheet information related to the Company's finance leases was as follows as of September 24, 2022 and December 25, 2021:
September 24, 2022 December 25, 2021
Finance lease assets, net, included in property plant and equipment $ 4,757  $ 1,768 
Current portion of long-term debt 1,818  767 
Long-term debt, less current portion 3,008  1,015 
Total principal payable on finance leases $ 4,826  $ 1,782 
Lessee, Operating Lease, Liability Maturity Maturities of our lease liabilities for all operating and finance leases are as follows as of September 24, 2022:
Operating Leases Finance Leases
Less than one year $ 18,489  $ 1,934 
1 to 2 years 17,227  1,683 
2 to 3 years 16,638  1,095 
3 to 4 years 15,871  266 
4 to 5 years 14,287  17 
After 5 years 23,361 
Total future minimum rental commitments 105,873  4,996 
Less - amounts representing interest (20,125) (170)
Present value of lease liabilities $ 85,748  $ 4,826 
Lessee, Financing Lease, Liability Maturity Maturities of our lease liabilities for all operating and finance leases are as follows as of September 24, 2022:
Operating Leases Finance Leases
Less than one year $ 18,489  $ 1,934 
1 to 2 years 17,227  1,683 
2 to 3 years 16,638  1,095 
3 to 4 years 15,871  266 
4 to 5 years 14,287  17 
After 5 years 23,361 
Total future minimum rental commitments 105,873  4,996 
Less - amounts representing interest (20,125) (170)
Present value of lease liabilities $ 85,748  $ 4,826