Leases (Tables)

8 Months Ended

Sep. 06, 2020

Leases [Abstract]

Components Of Operating And Finance Lease Cost

The components of operating and finance lease cost for the third quarter and three fiscal quarters of 2020 and the third quarter and three fiscal quarters of 2019 were as follows:

	Fiscal Quarter Ended				Three Fiscal Quarters Ended
	September 6, 2020		September 8, 2019		September 6, 2020		September 8, 2019
Operating lease cost	$	10,267	$	9,150	$	30,099	$	29,464
Finance lease cost:
Amortization of right-of-use assets		548		254		1,248		763
Interest on lease liabilities		794		473		2,066		1,269
Total finance lease cost	$	1,342	$	727	$	3,314	$	2,032

Schedule of Supplemental Balance Sheet Information Related To Finance Leases

Supplemental balance sheet information related to the Company’s leases as of September 6, 2020 and December 29, 2019 was as follows:

	September 6, 2020			December 29, 2019
Land and buildings	$	45,992		$	25,476
Accumulated depreciation and amortization		(9,208	)		(7,846	)
Finance lease assets, net	$	36,784		$	17,630
Current portion of long-term debt	$	1,662		$	1,394
Long-term debt, less current portion		36,986			18,263
Total principal payable on finance leases	$	38,648		$	19,657

As of September 6, 2020 and December 29, 2019, the weighted average remaining lease term and weighted average discount rate for the Company’s operating and finance leases were as follows:

	September 6, 2020						December 29, 2019
	Operating Leases			Finance Leases			Operating Leases			Finance Leases
Weighted average remaining lease term		7 years			17 years			8 years			14 years
Weighted average discount rate		3.8	%		8.9	%		3.8	%		11.7	%

Schedule Of Supplemental Cash Flow Information Related To Leases

Supplemental cash flow information related to leases for the third quarter and three fiscal quarters of 2020 and the third quarter and three fiscal quarters of 2019 was as follows:

	Fiscal Quarter Ended				Three Fiscal Quarters Ended
	September 6,		September 8,		September 6,		September 8,
	2020		2019		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	9,288	$	9,968	$	29,455	$	30,056
Operating cash flows from finance leases		794		473		2,066		1,269
Financing cash flows from finance leases		348		161		1,388		422
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases		10,719		23,434		26,297		49,802
Finance leases		1,717		—		20,463		—

Schedule Of Maturities Of Operating And Finance Leases Liabilities

Maturities of lease liabilities as of September 6, 2020 were as follows:

	Operating			Finance
	Leases			Leases
2020	$	15,170		$	1,275
2021		42,865			4,965
2022		40,942			5,016
2023		35,519			5,075
2024		34,148			4,870
Thereafter		106,034			53,491
Total future minimum rental commitments		274,678			74,692
Less – amounts representing interest		(36,189	)		(36,044	)
Total lease liabilities	$	238,489		$	38,648