Leases (Tables)

12 Months Ended

Jan. 02, 2022

Leases [Abstract]

Components Of Operating And Finance Lease Cost

The components of operating and finance lease cost for 2021, 2020 and 2019 were as follows:

	2021		2020		2019
Operating lease cost	$	44,913	$	44,679	$	42,903
Finance lease cost:
Amortization of right-of-use assets		4,373		2,186		1,167
Interest on lease liabilities		4,233		3,340		1,952
Total finance lease cost	$	8,606	$	5,526	$	3,119

Schedule of Supplemental Balance Sheet Information Related To Finance Leases

Supplemental balance sheet information related to the Company’s leases as of January 2, 2022 and January 3, 2021 was as follows:

	January 2, 2022			January 3, 2021
Land and buildings	$	86,965		$	68,084
Accumulated depreciation and amortization		(14,423	)		(10,049	)
Finance lease assets, net	$	72,542		$	58,035
Current portion of long-term debt	$	4,088		$	2,855
Long-term debt, less current portion		72,250			57,700
Total principal payable on finance leases	$	76,338		$	60,555

As of January 2, 2022 and January 3, 2021, the weighted average remaining lease term and weighted average discount rate for the Company’s operating and finance leases were as follows:

	2021						2020
	Operating			Finance			Operating			Finance
	Leases			Leases			Leases			Leases
Weighted average remaining lease term	7 years			15 years			7 years			16 years
Weighted average discount rate		3.5	%		5.8	%		3.7	%		6.8	%

Schedule Of Supplemental Cash Flow Information Related To Leases

Supplemental cash flow information related to leases for 2021, 2020 and 2019 was as follows:

	2021		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	44,176	$	43,679	$	43,608
Operating cash flows from finance leases		4,233		3,340		1,952
Financing cash flows from finance leases		3,212		2,058		647
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases		29,549		37,375		63,685
Finance leases		18,991		42,894		3,255

Schedule Of Maturities Of Operating And Finance Leases Liabilities

Maturities of lease liabilities as of January 2, 2022 were as follows:

	Operating			Finance
	Leases			Leases
2022	$	45,347		$	8,084
2023		39,057			7,536
2024		38,027			8,115
2025		32,417			7,935
2026		29,280			8,633
Thereafter		65,645			78,071
Total future minimum rental commitments		249,773			118,374
Less – amounts representing interest		(28,147	)		(42,036	)
Total lease liabilities	$	221,626		$	76,338