Annual report pursuant to Section 13 and 15(d)

Fixed Assets (Tables)

v3.22.4
Fixed Assets (Tables)
12 Months Ended
Dec. 29, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Fixed Assets The Company’s fixed assets are depreciated using the following estimated useful lives:
Useful Life
Furniture, fixtures and equipment
2 - 7 years
Leasehold improvements
10 - 25 years
Buildings and building improvements
10 - 35 years
Computer software and hardware
3 - 7 years
Land Indefinite
Fixed assets as of December 29, 2022 and December 30, 2021 consisted of the following:
in thousands December 29,
2022
December 30,
2021
Leasehold improvements $ 653,151  $ 488,713 
Furniture, fixtures, and equipment 350,556  298,519 
Buildings and building improvements (1)
315,343  133,493 
Computer software and hardware 158,519  173,249 
Land 86,927  80,509 
Construction in process (2)
145,709  165,286 
Fixed assets, at cost 1,710,205  1,339,769 
Less: accumulated depreciation and amortization 452,149  410,686 
Fixed assets, net $ 1,258,056  $ 929,083 
(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.
(2)    To conform to the current period presentation, fixed assets by category for the fiscal year ended December 30, 2021 has been updated within this table to present construction in process as a separate category.