Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.25.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 26, 2024
Organization, Consolidation and Presentation of Financial Statements [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
Computer software and hardware
3 - 7 years
Leasehold improvements
10 - 25 years
Buildings and improvements
10 - 35 years
Fixed assets as of December 26, 2024 and December 28, 2023 consisted of the following:
in thousands December 26,
2024
December 28,
2023
Leasehold improvements $ 892,485  $ 758,462 
Buildings and improvements (1)
718,234  567,926 
Furniture, fixtures, and equipment 462,882  451,142 
Computer software and hardware 241,870  209,199 
Land 123,381  97,361 
Construction in process
115,471  168,198 
Fixed assets, at cost 2,554,323  2,252,288 
Less: accumulated depreciation and amortization 767,736  622,371 
Fixed assets, net $ 1,786,587  $ 1,629,917 
(1)    Represents buildings and improvements on land that the Company owns as well as on land that the Company is leasing through ground leases.