Leases (Tables)

4 Months Ended

Apr. 24, 2021

Lease Modifications and Renewals and Lease Impairments

The following table details lease modifications and renewals and lease impairments (amounts in thousands):

	For the Sixteen Weeks Ended
	April 24, 2021		April 18, 2020
Lease modifications and renewals	$	34,325	$	2,555
Lease impairments	$	—	$	90
Lease terminations	$	317	$	110

Lease Costs Incurred By Lease Type, and/or Type Of Payment

Lease costs incurred by lease type, and/or type of payment, and other supplemental quantitative disclosures as of and for the sixteen weeks ended April 24, 2021 and April 18, 2020 were as follows (amounts in thousands):

	For the Sixteen Weeks Ended
	April 24, 2021		April 18, 2020
Lease cost:
Amortization of right-of-use assets	$	542	$	2,303
Interest on lease liabilities		54		286
Operating lease cost		21,433		22,129
Short-term lease cost		951		596
Variable lease cost		6,886		7,812
Total lease cost	$	29,866	$	33,126

Other Supplemental Quantitative Disclosures

	For the Sixteen Weeks Ended
	April 24, 2021		April 18, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from financing leases	$	54	$	286
Operating cash flows from operating leases	$	18,348	$	23,299
Financing cash flows from financing leases	$	423	$	2,180
Right-of-use assets obtained in exchange for new financing lease liabilities	$	—	$	40
Right-of-use assets obtained in exchange for new operating lease liabilities	$	34,554	$	2,522

Weighted-average remaining lease term (years):
Financing leases			2.8
Operating leases			8.9
Weighted-average IBR (percentage):
Financing leases			3.5
Operating leases			3.9

Estimated Undiscounted Future Lease Payments Under Non-Cancelable Operating Leases and Financing Leases with Reconciliation of Undiscounted Cash Flows

Estimated undiscounted future lease payments under non-cancelable operating leases and financing leases, along with a reconciliation of the undiscounted cash flows to operating and financing lease liabilities, respectively, as of April 24, 2021 (in thousands) were as follows:

	Operating lease liabilities			Financing lease liabilities
Remainder of 2021	$	50,758		$	1,429
2022		58,838			1,747
2023		53,795			1,886
2024		45,780			74
2025		44,027			3
2026 and thereafter		172,818			—
Total minimum lease payments		426,016			5,139
Less: amount of lease payments representing interest		(70,807	)		(230	)
Present value of future minimum lease payments		355,209			4,909
Less: current obligations under leases		(49,485	)		(1,760	)
Long-term lease obligations	$	305,724		$	3,149