LEASES (Tables)

12 Months Ended

Dec. 31, 2023

The components of lease cost for the fiscal years ended December 31, 2023 and December 25, 2022 were as follows:


(dollar amounts in thousands)	Classification	December 31, 2023		December 25, 2022
Operating lease cost	Occupancy and related expense General and administrative expense Pre-opening costs	48,168		43,722
Variable lease cost	Occupancy and related expense General and administrative expense	11,055		7,958
Short term lease cost	Occupancy and related expense General and administrative expense	422		145
Sublease income	General and administrative expense	(356)		(711)
Total lease cost		$	59,289	$	51,114

A summary of lease terms and discount rates for operating leases as of December 31, 2023 and December 25, 2022 is as follows:


	December 31, 2023		December 25, 2022
Weighted average remaining lease term (years):
Operating Leases	7.41		7.98
Weighted average discount rate:
Operating Leases	6.51	%	6.09	%

Supplemental cash flow information related to leases as of December 31, 2023 and December 25, 2022 is as follows:


	December 31, 2023		December 25, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases, net of lease incentives	$	42,425	$	29,230
Right of use assets obtained in exchange for lease obligations:
Operating leases	$	24,416	$	57,396

As such, the following table below outlines the components of rent expense for the fiscal years ended December 26, 2021:

As of December 31, 2023, future minimum lease payments for operating leases consisted of the following: