Annual report pursuant to Section 13 and 15(d)

Note 7 - Property and Equipment, Net

v3.22.4
Note 7 - Property and Equipment, Net
12 Months Ended
Dec. 25, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

(7) Property and Equipment, net

 

The Company recognized $19.7 million, $18.1 million and $19.5 million in depreciation expense during fiscal years 2022, 2021 and 2020, respectively.

 

Property and equipment consist of the following (amounts in thousands):

 

   

December 25,

   

December 26,

 
   

2022

   

2021

 

Land

  $ 616     $ 616  

Building and building improvements

    25,496       25,503  

Equipment

    46,512       43,427  

Computer hardware and software

    33,358       16,657  

Furniture and fixtures

    28,677       26,436  

Leasehold improvements

    205,269       187,905  

Construction-in-progress

    14,758       17,015  
      354,686       317,559  

Less accumulated depreciation

    (205,849 )     (195,853 )
    $ 148,837     $ 121,706