Annual report [Section 13 and 15(d), not S-K Item 405]

Property and Equipment, Net

v3.25.0.1
Property and Equipment, Net
 12 Months Ended
Dec. 29, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
5. Property and Equipment, Net
Property and equipment consist of the following at December 29, 2024 and December 31, 2023 (in thousands):
December 29, 2024 December 31, 2023
Land $ 9,760  $ 19,703 
Buildings 13,496  49,178 
Leasehold improvements 574,256  627,805 
Furniture, fixtures, and equipment 360,611  377,158 
Construction in progress 13,307  19,300 
Property and equipment, gross $ 971,430  $ 1,093,144 
Accumulated depreciation and amortization (790,206) (831,886)
Property and equipment, net $ 181,224  $ 261,258 
Depreciation and amortization expense on property and equipment was $55.4 million in 2024, $63.8 million in fiscal 2023, and $73.7 million in fiscal 2022.