v3.24.3
Leases (Tables)
 3 Months Ended 9 Months Ended
Sep. 29, 2024
Sep. 29, 2024
Leases [Abstract]    
Schedule of Real Estate Properties As of September 29, 2024, the nature of restaurants operated by the Company and its franchisees was as follows:
September 29,
2024
Company-operated restaurants:
Owned land and building154
Owned building and held long-term land leases145
Leased land and building112
Total Company-operated restaurants411
Franchisee-operated restaurants:
Company-owned properties leased to franchisees492
Company-leased properties subleased to franchisees1,161
Other franchisee-operated restaurants5,228
Total franchisee-operated restaurants6,881
Total Company-operated and franchisee-operated restaurants7,292
  
Lease, Cost  
The components of lease cost are as follows:
Three Months EndedNine Months Ended
September 29,
2024		October 1,
2023		September 29,
2024		October 1,
2023
Finance lease cost:
Amortization of finance lease assets$4,779 $4,111 $13,448 $12,232 
Interest on finance lease liabilities10,921 10,664 32,278 32,157 
15,700 14,775 45,726 44,389 
Operating lease cost21,496 21,577 64,721 64,455 
Variable lease cost (a)17,087 16,889 50,940 50,489 
Short-term lease cost1,478 1,466 4,098 4,433 
Total operating lease cost (b)40,061 39,932 119,759 119,377 
Total lease cost$55,761 $54,707 $165,485 $163,766 
_______________

(a)Includes expenses for executory costs of $10,108 and $9,777 for the three months ended September 29, 2024 and October 1, 2023, respectively, and $30,362 and $29,797 for the nine months ended September 29, 2024 and October 1, 2023, respectively, for which the Company is reimbursed by sublessees.

(b)Includes $32,197 and $31,824 for the three months ended September 29, 2024 and October 1, 2023, respectively, and $96,270 and $94,751 for the nine months ended September 29, 2024 and October 1, 2023, respectively, recorded to “Franchise rental expense” for leased properties that are subsequently leased to franchisees. Also includes $7,299 and $7,570 for the three months ended September 29, 2024 and October 1, 2023, respectively, and $22,089 and $22,981 for the nine months ended September 29, 2024 and October 1, 2023, respectively, recorded to “Cost of sales” for leases for Company-operated restaurants.
Lease, Income  
The components of lease income are as follows:
Three Months EndedNine Months Ended
September 29,
2024		October 1,
2023		September 29,
2024		October 1,
2023
Sales-type and direct-financing leases:
Selling profit$67 $354 $139 $1,555 
Interest income (a)7,110 7,853 22,007 23,583 
Operating lease income41,882 40,567 126,329 123,352 
Variable lease income17,432 17,000 51,609 50,055 
Franchise rental income (b)$59,314 $57,567 $177,938 $173,407 
_______________

(a)Included in “Interest expense, net.”

(b)Includes sublease income of $43,698 and $42,545 recognized during the three months ended September 29, 2024 and October 1, 2023, respectively, and $131,530 and $128,457 recognized during the nine months ended September 29, 2024 and October 1, 2023, respectively. Sublease income includes lessees’ variable payments to the Company for executory costs of $10,112 and $9,811 for the three months ended September 29, 2024 and October 1, 2023,
respectively, and $30,356 and $29,704 for the nine months ended September 29, 2024 and October 1, 2023, respectively.