Leases (Tables)

12 Months Ended

Jan. 02, 2021

Leases [Abstract]

Schedule of Lease Assets and Lease Liabilities

At January 2, 2021 and December 28, 2019, the Company’s lease assets and lease liabilities were as follows:

	January 2, 2021		December 28, 2019
Assets:
Operating lease assets	$	119,102	$	151,983
Finance lease assets		207		259
Total leased assets	$	119,309	$	152,242
Liabilities:
Current
Operating	$	28,551	$	33,236
Finance		88		126
Noncurrent
Operating	$	101,561	$	128,464
Finance		93		96
Total lease liabilities	$	130,293	$	161,922

Schedule of Components of Lease Expense

For the fiscal years ended January 2, 2021 and December 28, 2019, the components of the Company’s lease expense were as follows:

	Fiscal Year Ended
	January 2,			December 28,
	2021			2019
Operating lease cost:
Fixed lease cost	$	48,674		$	51,246
Lease termination cost		6,109			10
Variable lease cost		(30	)		0
Total operating lease cost	$	54,753		$	51,256
Finance lease cost:
Amortization of leased assets		192			487
Interest on lease liabilities		12			20
Total finance lease cost	$	204		$	507
Total lease cost	$	54,957		$	51,763

Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rates

At January 2, 2021 and December 28, 2019, the Company’s weighted average remaining lease term and weighted average discount rates were as follows:

	January 2, 2021		December 28, 2019
Weighted Average Remaining Lease Term (years)
Operating leases		7.08		7.06
Finance leases		2.35		2.43
Weighted Average Discount Rate
Operating leases		6.95		7.02
Finance leases		5.51		5.97

Schedule of Maturity of Lease Liabilities

At January 2, 2021, the maturity of the Company’s lease liabilities in each of the next five fiscal years and thereafter were as follows:

	Operating Leases		Finance Leases		Total
2021	$	36,503	$	95	$	36,598
2022		28,880		65		28,945
2023		21,224		27		21,251
2024		16,043		6		16,049
2025		11,604		—		11,604
Thereafter		54,505		—		54,505
Total lease payments	$	168,759	$	193	$	168,952
Less imputed interest		38,647		12		38,659
Present value of lease liabilities	$	130,112	$	181	$	130,293

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the fiscal years ended January 2, 2021 and December 28, 2019 were as follows:

	Fiscal Year Ended
	January 2,		December 28,
	2021		2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	49,043	$	51,326
Operating cash flows from finance leases	$	12	$	20
Financing cash flows from finance leases	$	192	$	487
Leased assets obtained in exchange for new operating lease liabilities	$	5,113	$	41,693
Leased assets obtained in exchange for new finance lease liabilities	$	132	$	105