Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.24.0.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
5. Property and Equipment, Net
Property and equipment consist of the following at December 31, 2023 and December 25, 2022 (in thousands):
December 31, 2023 December 25, 2022
Land $ 19,703  $ 39,810 
Buildings 49,178  98,235 
Leasehold improvements 627,805  625,429 
Furniture, fixtures, and equipment 377,158  379,409 
Construction in progress 19,300  12,539 
Property and equipment, gross $ 1,093,144  $ 1,155,422 
Accumulated depreciation and amortization (831,886) (836,905)
Property and equipment, net $ 261,258  $ 318,517 
Depreciation and amortization expense on property and equipment was $63.8 million in 2023, $73.7 million in 2022, and $80.5 million in 2021.