Annual report pursuant to Section 13 and 15(d)

Fixed Assets

v3.20.4
Fixed Assets
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Fixed Assets . Fixed Assets
Fixed assets as of December 31, 2020 and December 26, 2019, consisted of the following (in thousands):
December 31,
2020
December 26,
2019
Furniture, fixtures and equipment $ 259,696  $ 236,555 
Leasehold improvements (1) 380,671  309,720 
Computer software and hardware 138,321  113,975 
Buildings and building improvements (1) 65,552  11,614 
Land 30,731  8,715 
Fixed assets, at cost 874,971  680,579 
Less: accumulated depreciation and amortization 295,612  224,290 
Fixed assets, net $ 579,359  $ 456,289 
(1) Represents buildings and building improvements on land that the Company owns as well as on land that the Company is leasing through ground leases. Prior period fixed asset balances related to buildings and building improvements on ground leases have been reclassified from leasehold improvements to building and building improvements to conform to the current period presentation.
Depreciation and amortization on fixed assets for the fiscal years ended December 31, 2020, December 26, 2019, and December 27, 2018, were $90.1 million, $69.9 million, and $50.5 million, respectively.