LEASES - (Tables)

9 Months Ended

Sep. 28, 2019

Lessee, Lease, Description [Line Items]

Schedule of Lease Cost

The components of lease expense were as follows:

	Three months ended			Nine months ended
	September 28, 2019			September 28, 2019
Operating lease cost	$	2,608		$	7,757
Variable lease cost	151			366
Short-term lease cost	11,871			28,043
Financing lease cost:
Amortization of right-of-use assets	2,612			7,905
Interest on lease liabilities	773			2,404
Total lease cost	$	18,015		$	46,475
				September 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets				$	33,045
Current operating lease liabilities				$	8,609
Noncurrent operating lease liabilities				25,329
Total operating lease liabilities				$	33,938
Finance leases:
Property and equipment, gross				$	80,197
Less accumulated depreciation				(23,552		)
Property and equipment, net				$	56,645
Current finance lease liabilities				$	17,288
Long-term finance lease liabilities				39,093
Total finance lease liabilities				$	56,381
	September 28, 2019
	Lease Term			Discount Rate
	(years)			(%)
Weighted average:
Operating leases	7.7			5.6		%
Finance lease	2.7			5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2019 (three months)	$	2,551		$	5,372
2020	9,800			17,870
2021	7,813			20,578
2022	4,717			12,240
2023	3,570			1,629
2024	1,901			2,131
Thereafter	11,820			2,662
Total lease payments	42,172			62,482
Less imputed interest	(8,234		)	(6,101		)
Present value of lease payments	$	33,938		$	56,381

Schedule of Lease Assets and Liabilities

The components of lease expense were as follows:

	Three months ended			Nine months ended
	September 28, 2019			September 28, 2019
Operating lease cost	$	2,608		$	7,757
Variable lease cost	151			366
Short-term lease cost	11,871			28,043
Financing lease cost:
Amortization of right-of-use assets	2,612			7,905
Interest on lease liabilities	773			2,404
Total lease cost	$	18,015		$	46,475
				September 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets				$	33,045
Current operating lease liabilities				$	8,609
Noncurrent operating lease liabilities				25,329
Total operating lease liabilities				$	33,938
Finance leases:
Property and equipment, gross				$	80,197
Less accumulated depreciation				(23,552		)
Property and equipment, net				$	56,645
Current finance lease liabilities				$	17,288
Long-term finance lease liabilities				39,093
Total finance lease liabilities				$	56,381
	September 28, 2019
	Lease Term			Discount Rate
	(years)			(%)
Weighted average:
Operating leases	7.7			5.6		%
Finance lease	2.7			5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2019 (three months)	$	2,551		$	5,372
2020	9,800			17,870
2021	7,813			20,578
2022	4,717			12,240
2023	3,570			1,629
2024	1,901			2,131
Thereafter	11,820			2,662
Total lease payments	42,172			62,482
Less imputed interest	(8,234		)	(6,101		)
Present value of lease payments	$	33,938		$	56,381

Schedule of Finance Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended			Nine months ended
	September 28, 2019			September 28, 2019
Operating lease cost	$	2,608		$	7,757
Variable lease cost	151			366
Short-term lease cost	11,871			28,043
Financing lease cost:
Amortization of right-of-use assets	2,612			7,905
Interest on lease liabilities	773			2,404
Total lease cost	$	18,015		$	46,475
				September 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets				$	33,045
Current operating lease liabilities				$	8,609
Noncurrent operating lease liabilities				25,329
Total operating lease liabilities				$	33,938
Finance leases:
Property and equipment, gross				$	80,197
Less accumulated depreciation				(23,552		)
Property and equipment, net				$	56,645
Current finance lease liabilities				$	17,288
Long-term finance lease liabilities				39,093
Total finance lease liabilities				$	56,381
	September 28, 2019
	Lease Term			Discount Rate
	(years)			(%)
Weighted average:
Operating leases	7.7			5.6		%
Finance lease	2.7			5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2019 (three months)	$	2,551		$	5,372
2020	9,800			17,870
2021	7,813			20,578
2022	4,717			12,240
2023	3,570			1,629
2024	1,901			2,131
Thereafter	11,820			2,662
Total lease payments	42,172			62,482
Less imputed interest	(8,234		)	(6,101		)
Present value of lease payments	$	33,938		$	56,381

Schedule of Operating Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended			Nine months ended
	September 28, 2019			September 28, 2019
Operating lease cost	$	2,608		$	7,757
Variable lease cost	151			366
Short-term lease cost	11,871			28,043
Financing lease cost:
Amortization of right-of-use assets	2,612			7,905
Interest on lease liabilities	773			2,404
Total lease cost	$	18,015		$	46,475
				September 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets				$	33,045
Current operating lease liabilities				$	8,609
Noncurrent operating lease liabilities				25,329
Total operating lease liabilities				$	33,938
Finance leases:
Property and equipment, gross				$	80,197
Less accumulated depreciation				(23,552		)
Property and equipment, net				$	56,645
Current finance lease liabilities				$	17,288
Long-term finance lease liabilities				39,093
Total finance lease liabilities				$	56,381
	September 28, 2019
	Lease Term			Discount Rate
	(years)			(%)
Weighted average:
Operating leases	7.7			5.6		%
Finance lease	2.7			5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2019 (three months)	$	2,551		$	5,372
2020	9,800			17,870
2021	7,813			20,578
2022	4,717			12,240
2023	3,570			1,629
2024	1,901			2,131
Thereafter	11,820			2,662
Total lease payments	42,172			62,482
Less imputed interest	(8,234		)	(6,101		)
Present value of lease payments	$	33,938		$	56,381

Schedule of Future Minimum Rental Payments for Operating Leases

As previously disclosed, our future minimum lease payment obligations as of December 29, 2018 were as follows:

	Operating Leases
2019	$	9,479
2020	8,101
2021	6,701
2022	4,279
2023	3,411

Summit Materials, LLC

Lessee, Lease, Description [Line Items]

Schedule of Lease Cost

The components of lease expense were as follows:

	Three months ended			Nine months ended
	September 28, 2019			September 28, 2019
Operating lease cost	$	2,608		$	7,757
Variable lease cost	151			366
Short-term lease cost	11,871			28,043
Financing lease cost:
Amortization of right-of-use assets	2,612			7,905
Interest on lease liabilities	773			2,404
Total lease cost	$	18,015		$	46,475
				September 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets				$	33,045
Current operating lease liabilities				$	8,609
Noncurrent operating lease liabilities				25,329
Total operating lease liabilities				$	33,938
Finance leases:
Property and equipment, gross				$	80,197
Less accumulated depreciation				(23,552		)
Property and equipment, net				$	56,645
Current finance lease liabilities				$	17,288
Long-term finance lease liabilities				39,093
Total finance lease liabilities				$	56,381
	September 28, 2019
	Lease Term			Discount Rate
	(years)			(%)
Weighted average:
Operating leases	7.7			5.6		%
Finance lease	2.7			5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2019 (three months)	$	2,551		$	5,372
2020	9,800			17,870
2021	7,813			20,578
2022	4,717			12,240
2023	3,570			1,629
2024	1,901			2,131
Thereafter	11,820			2,662
Total lease payments	42,172			62,482
Less imputed interest	(8,234		)	(6,101		)
Present value of lease payments	$	33,938		$	56,381

Schedule of Lease Assets and Liabilities

The components of lease expense were as follows:

	Three months ended			Nine months ended
	September 28, 2019			September 28, 2019
Operating lease cost	$	2,608		$	7,757
Variable lease cost	151			366
Short-term lease cost	11,871			28,043
Financing lease cost:
Amortization of right-of-use assets	2,612			7,905
Interest on lease liabilities	773			2,404
Total lease cost	$	18,015		$	46,475
				September 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets				$	33,045
Current operating lease liabilities				$	8,609
Noncurrent operating lease liabilities				25,329
Total operating lease liabilities				$	33,938
Finance leases:
Property and equipment, gross				$	80,197
Less accumulated depreciation				(23,552		)
Property and equipment, net				$	56,645
Current finance lease liabilities				$	17,288
Long-term finance lease liabilities				39,093
Total finance lease liabilities				$	56,381
	September 28, 2019
	Lease Term			Discount Rate
	(years)			(%)
Weighted average:
Operating leases	7.7			5.6		%
Finance lease	2.7			5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2019 (three months)	$	2,551		$	5,372
2020	9,800			17,870
2021	7,813			20,578
2022	4,717			12,240
2023	3,570			1,629
2024	1,901			2,131
Thereafter	11,820			2,662
Total lease payments	42,172			62,482
Less imputed interest	(8,234		)	(6,101		)
Present value of lease payments	$	33,938		$	56,381

Schedule of Finance Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended			Nine months ended
	September 28, 2019			September 28, 2019
Operating lease cost	$	2,608		$	7,757
Variable lease cost	151			366
Short-term lease cost	11,871			28,043
Financing lease cost:
Amortization of right-of-use assets	2,612			7,905
Interest on lease liabilities	773			2,404
Total lease cost	$	18,015		$	46,475
				September 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets				$	33,045
Current operating lease liabilities				$	8,609
Noncurrent operating lease liabilities				25,329
Total operating lease liabilities				$	33,938
Finance leases:
Property and equipment, gross				$	80,197
Less accumulated depreciation				(23,552		)
Property and equipment, net				$	56,645
Current finance lease liabilities				$	17,288
Long-term finance lease liabilities				39,093
Total finance lease liabilities				$	56,381
	September 28, 2019
	Lease Term			Discount Rate
	(years)			(%)
Weighted average:
Operating leases	7.7			5.6		%
Finance lease	2.7			5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2019 (three months)	$	2,551		$	5,372
2020	9,800			17,870
2021	7,813			20,578
2022	4,717			12,240
2023	3,570			1,629
2024	1,901			2,131
Thereafter	11,820			2,662
Total lease payments	42,172			62,482
Less imputed interest	(8,234		)	(6,101		)
Present value of lease payments	$	33,938		$	56,381

Schedule of Operating Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended			Nine months ended
	September 28, 2019			September 28, 2019
Operating lease cost	$	2,608		$	7,757
Variable lease cost	151			366
Short-term lease cost	11,871			28,043
Financing lease cost:
Amortization of right-of-use assets	2,612			7,905
Interest on lease liabilities	773			2,404
Total lease cost	$	18,015		$	46,475
				September 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets				$	33,045
Current operating lease liabilities				$	8,609
Noncurrent operating lease liabilities				25,329
Total operating lease liabilities				$	33,938
Finance leases:
Property and equipment, gross				$	80,197
Less accumulated depreciation				(23,552		)
Property and equipment, net				$	56,645
Current finance lease liabilities				$	17,288
Long-term finance lease liabilities				39,093
Total finance lease liabilities				$	56,381
	September 28, 2019
	Lease Term			Discount Rate
	(years)			(%)
Weighted average:
Operating leases	7.7			5.6		%
Finance lease	2.7			5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2019 (three months)	$	2,551		$	5,372
2020	9,800			17,870
2021	7,813			20,578
2022	4,717			12,240
2023	3,570			1,629
2024	1,901			2,131
Thereafter	11,820			2,662
Total lease payments	42,172			62,482
Less imputed interest	(8,234		)	(6,101		)
Present value of lease payments	$	33,938		$	56,381

Schedule of Future Minimum Rental Payments for Operating Leases

As previously disclosed, our future minimum lease payment obligations as of December 29, 2018 were as follows:

	Operating Leases
2019	$	9,479
2020	8,101
2021	6,701
2022	4,279
2023	3,411