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LEASES (Tables)

6 Months Ended

Jan. 25, 2020

The Company recognized expense related to these leases in fiscal 2020 and 2019 as follows:



	13 Weeks Ended				26 Weeks Ended
Consolidated Statement of Operations Classification	January 25, 2020		January 26, 2019		January 25, 2020		January 26, 2019
Operating and administrative expense	$	677	$	—	$	1,354	$	—

Depreciation and amortization	—		107		—		215
Interest expense	—		537		—		1,077

	$	677	$	644	$	1,354	$	1,292

Supplemental cash flow information related to leases is as follows:



	26 Weeks Ended
	January 25, 2020
Cash paid for amounts in the measurement of lease liabilities
Operating cash flows from operating leases	$	8,695
Operating cash flows from finance leases	1,032
Financing cash flows from finance leases	268

The composition of total lease cost is as follows:



		13 Weeks Ended		26 Weeks Ended
	Consolidated Statement of Operations Classification	January 25, 2020		January 25, 2020
Operating lease cost	Operating and administrative expense	$	4,425	$	9,204
Finance lease cost
Amortization of leased assets	Depreciation and amortization	237		474
Interest on lease liabilities	Interest expense	515		1,032
Variable lease cost	Operating and administrative expense	3,968		7,662

Total lease cost		$	9,145	$	18,372

Operating Lease Maturity

Maturities of operating and finance lease liabilities, including options to extend lease terms that are reasonably certain of being exercised, are as follows as of January 25, 2020:



	Operating leases		Finance leases		Total
Remainder of 2020	$	9,352	$	1,345	$	10,697
2021	16,621		2,689		19,310
2022	15,739		2,689		18,428
2023	15,412		2,689		18,101
2024	13,276		2,689		15,965
Thereafter	79,385		24,428		103,813
Total lease payments	149,785		36,529		186,314
Less amount representing interest	39,621		12,673		52,294

Present value of lease liabilities	$	110,164	$	23,856	$	134,020

Finance Lease Maturity

Maturities of operating and finance lease liabilities, including options to extend lease terms that are reasonably certain of being exercised, are as follows as of January 25, 2020:



	Operating leases		Finance leases		Total
Remainder of 2020	$	9,352	$	1,345	$	10,697
2021	16,621		2,689		19,310
2022	15,739		2,689		18,428
2023	15,412		2,689		18,101
2024	13,276		2,689		15,965
Thereafter	79,385		24,428		103,813
Total lease payments	149,785		36,529		186,314
Less amount representing interest	39,621		12,673		52,294

Present value of lease liabilities	$	110,164	$	23,856	$	134,020

Lease Terms and Discount Rates

As of January 25, 2020, the Company's lease terms and discount rates are as follows:



	January 25, 2020
Weighted-average remaining lease term (years)
Operating leases	11.8
Finance leases	16.1
Weighted-average discount rate
Operating leases	5.3	%
Finance leases	8.5	%

Future Minimum Lease Payments for all Non-Cancelable Leases Before Adoption of ASU 2016-02

Future minimum lease payments by year and in the aggregate for all non-cancelable leases with initial terms of one year or more consisted of the following at July 27, 2019:



	Capital and financing leases		Operating leases
2020	$	5,173	$	13,573
2021	5,240		12,972
2022	5,240		10,348
2023	5,305		9,747
2024	5,342		7,457
Thereafter	43,708		61,043
Minimum lease payments	70,008		$	115,140
Less amount representing interest	28,233

Present value of minimum lease payments	41,775

Less current portion	1,022
	$	40,753