Property and Equipment, net |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 28, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Property and Equipment, net |
Note 4 – Property and Equipment, net Property and equipment, net consist of the following (in thousands):
Depreciation related to property and equipment amounted to $42.1 million and $33.5 million for the years ended December 28, 2025 and December 31, 2024, respectively. The Company also recorded $4.0 million in accelerated depreciation relating to property and equipment for the restaurants closed or to be closed, which is presented in lease termination and exit expenses within the consolidated statement of operations. The Company depreciates construction in progress upon such assets being placed into service. |
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- References No definition available.
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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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