Leases (Tables)

12 Months Ended

Jan. 02, 2024

Leases [Abstract]

Summary of Lease Costs

Lease costs included on the Consolidated Statements of Operations consisted of the following (in thousands):

	Fiscal Year
	2023		2022		2021
Lease cost	$	59,268	$	60,163	$	57,807
Variable lease cost		3,864		3,445		1,739
Total lease costs	$	63,132	$	63,608	$	59,546

Summary of Weighted-Average Lease Term and Discount Rate

Weighted-average lease term and discount rate were as follows:

	January 2, 2024	January 3, 2023
Weighted-average remaining lease term	11.0 Years	11.5 Years
Weighted-average discount rate	5.8	5.7

Summary of Operating Lease Obligation Maturities

Operating lease obligation maturities as of January 2, 2024, were as follows (in thousands):

2024	$	62,569
2025		60,668
2026		60,542
2027		57,813
2028		54,020
Thereafter		261,666
Total lease payments		557,278
Less: imputed interest		(105,775	)
Present value of operating lease obligations	$	451,503