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Lease Commitments (Tables)
12 Months Ended
Dec. 28, 2019
Lease Commitments [Abstract]  
Schedule Of Lease Costs



 

 

(dollars in thousands)

2019

Operating lease cost

$

46,063 

Variable lease cost

 

10,998 

Lease or sublease income

 

(7,749)

Net lease cost

$

49,312 



Schedule Of Future Minimum Rental Payments



 

 

 

(dollars in thousands)

 

Leases

Subleases

2020

$

47,184  (4,044)

2021

 

42,607  (3,480)

2022

 

35,845  (2,901)

2023

 

31,063  (2,308)

2024

 

26,256  (1,663)

Thereafter

 

75,622  (6,336)

Total Lease Payments

$

258,577  (20,732)

Less: Interest

 

39,809 

 -

Present value of lease liabilities

 

218,768  (20,732)



Schedule Of Operating Lease Information



 

 

 

 

Lease Term and Discount Rate

 

December 28, 2019

 

December 30, 2018

Weighted-average remaining lease term

 

4.44 

 

4.69 

Weighted-average discount rate

 

3.47% 

 

3.84% 



Schedule Of Rent Expense



 

 

 

 

(dollars in thousands)

2018

2017

Minimum annual rentals

$

47,253 

$

46,804 

Contingent rentals

 

419 

 

432 

Lease or sublease income

 

(7,757)

 

(7,612)



$

39,915 

$

39,624