LEASES - (Tables)

3 Months Ended

Mar. 28, 2020

Lessee, Lease, Description [Line Items]

Schedule of Lease Cost

The components of lease expense were as follows:

	Three months ended
	March 28, 2020			March 30, 2019
Operating lease cost	$	2,607		$	2,455
Variable lease cost	57			72
Short-term lease cost	8,620			6,581
Financing lease cost:
Amortization of right-of-use assets	2,739			2,623
Interest on lease liabilities	771			755
Total lease cost	$	14,794		$	12,486
	March 28, 2020			December 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets	$	30,527		$	32,777
Current operating lease liabilities	$	8,131		$	8,427
Noncurrent operating lease liabilities	23,280			25,381
Total operating lease liabilities	$	31,411		$	33,808
Finance leases:
Property and equipment, gross	$	87,377		$	82,660
Less accumulated depreciation	(27,251		)	(24,907		)
Property and equipment, net	$	60,126		$	57,753
Current finance lease liabilities	$	20,724		$	16,007
Long-term finance lease liabilities	37,300			40,410
Total finance lease liabilities	$	58,024		$	56,417
Weighted average remaining lease term (years):
Operating leases	8.6			8.6
Finance lease	2.5			2.6
Weighted average discount rate (%):
Operating leases	5.5		%	5.5		%
Finance lease	5.5		%	5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2020 (nine months)	$	7,116		$	14,513
2021	8,033			23,292
2022	4,920			16,428
2023	3,877			4,472
2024	2,232			2,277
2025	1,414			1,104
Thereafter	12,613			1,743
Total lease payments	40,205			63,829
Less imputed interest	(8,794		)	(5,805		)
Present value of lease payments	$	31,411		$	58,024

Schedule of Lease Assets and Liabilities

The components of lease expense were as follows:

	Three months ended
	March 28, 2020			March 30, 2019
Operating lease cost	$	2,607		$	2,455
Variable lease cost	57			72
Short-term lease cost	8,620			6,581
Financing lease cost:
Amortization of right-of-use assets	2,739			2,623
Interest on lease liabilities	771			755
Total lease cost	$	14,794		$	12,486
	March 28, 2020			December 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets	$	30,527		$	32,777
Current operating lease liabilities	$	8,131		$	8,427
Noncurrent operating lease liabilities	23,280			25,381
Total operating lease liabilities	$	31,411		$	33,808
Finance leases:
Property and equipment, gross	$	87,377		$	82,660
Less accumulated depreciation	(27,251		)	(24,907		)
Property and equipment, net	$	60,126		$	57,753
Current finance lease liabilities	$	20,724		$	16,007
Long-term finance lease liabilities	37,300			40,410
Total finance lease liabilities	$	58,024		$	56,417
Weighted average remaining lease term (years):
Operating leases	8.6			8.6
Finance lease	2.5			2.6
Weighted average discount rate (%):
Operating leases	5.5		%	5.5		%
Finance lease	5.5		%	5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2020 (nine months)	$	7,116		$	14,513
2021	8,033			23,292
2022	4,920			16,428
2023	3,877			4,472
2024	2,232			2,277
2025	1,414			1,104
Thereafter	12,613			1,743
Total lease payments	40,205			63,829
Less imputed interest	(8,794		)	(5,805		)
Present value of lease payments	$	31,411		$	58,024

Schedule of Finance Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended
	March 28, 2020			March 30, 2019
Operating lease cost	$	2,607		$	2,455
Variable lease cost	57			72
Short-term lease cost	8,620			6,581
Financing lease cost:
Amortization of right-of-use assets	2,739			2,623
Interest on lease liabilities	771			755
Total lease cost	$	14,794		$	12,486
	March 28, 2020			December 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets	$	30,527		$	32,777
Current operating lease liabilities	$	8,131		$	8,427
Noncurrent operating lease liabilities	23,280			25,381
Total operating lease liabilities	$	31,411		$	33,808
Finance leases:
Property and equipment, gross	$	87,377		$	82,660
Less accumulated depreciation	(27,251		)	(24,907		)
Property and equipment, net	$	60,126		$	57,753
Current finance lease liabilities	$	20,724		$	16,007
Long-term finance lease liabilities	37,300			40,410
Total finance lease liabilities	$	58,024		$	56,417
Weighted average remaining lease term (years):
Operating leases	8.6			8.6
Finance lease	2.5			2.6
Weighted average discount rate (%):
Operating leases	5.5		%	5.5		%
Finance lease	5.5		%	5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2020 (nine months)	$	7,116		$	14,513
2021	8,033			23,292
2022	4,920			16,428
2023	3,877			4,472
2024	2,232			2,277
2025	1,414			1,104
Thereafter	12,613			1,743
Total lease payments	40,205			63,829
Less imputed interest	(8,794		)	(5,805		)
Present value of lease payments	$	31,411		$	58,024

Schedule of Operating Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended
	March 28, 2020			March 30, 2019
Operating lease cost	$	2,607		$	2,455
Variable lease cost	57			72
Short-term lease cost	8,620			6,581
Financing lease cost:
Amortization of right-of-use assets	2,739			2,623
Interest on lease liabilities	771			755
Total lease cost	$	14,794		$	12,486
	March 28, 2020			December 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets	$	30,527		$	32,777
Current operating lease liabilities	$	8,131		$	8,427
Noncurrent operating lease liabilities	23,280			25,381
Total operating lease liabilities	$	31,411		$	33,808
Finance leases:
Property and equipment, gross	$	87,377		$	82,660
Less accumulated depreciation	(27,251		)	(24,907		)
Property and equipment, net	$	60,126		$	57,753
Current finance lease liabilities	$	20,724		$	16,007
Long-term finance lease liabilities	37,300			40,410
Total finance lease liabilities	$	58,024		$	56,417
Weighted average remaining lease term (years):
Operating leases	8.6			8.6
Finance lease	2.5			2.6
Weighted average discount rate (%):
Operating leases	5.5		%	5.5		%
Finance lease	5.5		%	5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2020 (nine months)	$	7,116		$	14,513
2021	8,033			23,292
2022	4,920			16,428
2023	3,877			4,472
2024	2,232			2,277
2025	1,414			1,104
Thereafter	12,613			1,743
Total lease payments	40,205			63,829
Less imputed interest	(8,794		)	(5,805		)
Present value of lease payments	$	31,411		$	58,024

Summit Materials, LLC

Lessee, Lease, Description [Line Items]

Schedule of Lease Cost

The components of lease expense were as follows:

	Three months ended
	March 28, 2020			March 30, 2019
Operating lease cost	$	2,607		$	2,455
Variable lease cost	57			72
Short-term lease cost	8,620			6,581
Financing lease cost:
Amortization of right-of-use assets	2,739			2,623
Interest on lease liabilities	771			755
Total lease cost	$	14,794		$	12,486
	March 28, 2020			December 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets	$	30,527		$	32,777
Current operating lease liabilities	$	8,131		$	8,427
Noncurrent operating lease liabilities	23,280			25,381
Total operating lease liabilities	$	31,411		$	33,808
Finance leases:
Property and equipment, gross	$	87,377		$	82,660
Less accumulated depreciation	(27,251		)	(24,907		)
Property and equipment, net	$	60,126		$	57,753
Current finance lease liabilities	$	20,724		$	16,007
Long-term finance lease liabilities	37,300			40,410
Total finance lease liabilities	$	58,024		$	56,417
Weighted average remaining lease term (years):
Operating leases	8.6			8.6
Finance lease	2.5			2.6
Weighted average discount rate (%):
Operating leases	5.5		%	5.5		%
Finance lease	5.5		%	5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2020 (nine months)	$	7,116		$	14,513
2021	8,033			23,292
2022	4,920			16,428
2023	3,877			4,472
2024	2,232			2,277
2025	1,414			1,104
Thereafter	12,613			1,743
Total lease payments	40,205			63,829
Less imputed interest	(8,794		)	(5,805		)
Present value of lease payments	$	31,411		$	58,024

Schedule of Lease Assets and Liabilities

The components of lease expense were as follows:

	Three months ended
	March 28, 2020			March 30, 2019
Operating lease cost	$	2,607		$	2,455
Variable lease cost	57			72
Short-term lease cost	8,620			6,581
Financing lease cost:
Amortization of right-of-use assets	2,739			2,623
Interest on lease liabilities	771			755
Total lease cost	$	14,794		$	12,486
	March 28, 2020			December 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets	$	30,527		$	32,777
Current operating lease liabilities	$	8,131		$	8,427
Noncurrent operating lease liabilities	23,280			25,381
Total operating lease liabilities	$	31,411		$	33,808
Finance leases:
Property and equipment, gross	$	87,377		$	82,660
Less accumulated depreciation	(27,251		)	(24,907		)
Property and equipment, net	$	60,126		$	57,753
Current finance lease liabilities	$	20,724		$	16,007
Long-term finance lease liabilities	37,300			40,410
Total finance lease liabilities	$	58,024		$	56,417
Weighted average remaining lease term (years):
Operating leases	8.6			8.6
Finance lease	2.5			2.6
Weighted average discount rate (%):
Operating leases	5.5		%	5.5		%
Finance lease	5.5		%	5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2020 (nine months)	$	7,116		$	14,513
2021	8,033			23,292
2022	4,920			16,428
2023	3,877			4,472
2024	2,232			2,277
2025	1,414			1,104
Thereafter	12,613			1,743
Total lease payments	40,205			63,829
Less imputed interest	(8,794		)	(5,805		)
Present value of lease payments	$	31,411		$	58,024

Schedule of Finance Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended
	March 28, 2020			March 30, 2019
Operating lease cost	$	2,607		$	2,455
Variable lease cost	57			72
Short-term lease cost	8,620			6,581
Financing lease cost:
Amortization of right-of-use assets	2,739			2,623
Interest on lease liabilities	771			755
Total lease cost	$	14,794		$	12,486
	March 28, 2020			December 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets	$	30,527		$	32,777
Current operating lease liabilities	$	8,131		$	8,427
Noncurrent operating lease liabilities	23,280			25,381
Total operating lease liabilities	$	31,411		$	33,808
Finance leases:
Property and equipment, gross	$	87,377		$	82,660
Less accumulated depreciation	(27,251		)	(24,907		)
Property and equipment, net	$	60,126		$	57,753
Current finance lease liabilities	$	20,724		$	16,007
Long-term finance lease liabilities	37,300			40,410
Total finance lease liabilities	$	58,024		$	56,417
Weighted average remaining lease term (years):
Operating leases	8.6			8.6
Finance lease	2.5			2.6
Weighted average discount rate (%):
Operating leases	5.5		%	5.5		%
Finance lease	5.5		%	5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2020 (nine months)	$	7,116		$	14,513
2021	8,033			23,292
2022	4,920			16,428
2023	3,877			4,472
2024	2,232			2,277
2025	1,414			1,104
Thereafter	12,613			1,743
Total lease payments	40,205			63,829
Less imputed interest	(8,794		)	(5,805		)
Present value of lease payments	$	31,411		$	58,024

Schedule of Operating Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended
	March 28, 2020			March 30, 2019
Operating lease cost	$	2,607		$	2,455
Variable lease cost	57			72
Short-term lease cost	8,620			6,581
Financing lease cost:
Amortization of right-of-use assets	2,739			2,623
Interest on lease liabilities	771			755
Total lease cost	$	14,794		$	12,486
	March 28, 2020			December 28, 2019
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets	$	30,527		$	32,777
Current operating lease liabilities	$	8,131		$	8,427
Noncurrent operating lease liabilities	23,280			25,381
Total operating lease liabilities	$	31,411		$	33,808
Finance leases:
Property and equipment, gross	$	87,377		$	82,660
Less accumulated depreciation	(27,251		)	(24,907		)
Property and equipment, net	$	60,126		$	57,753
Current finance lease liabilities	$	20,724		$	16,007
Long-term finance lease liabilities	37,300			40,410
Total finance lease liabilities	$	58,024		$	56,417
Weighted average remaining lease term (years):
Operating leases	8.6			8.6
Finance lease	2.5			2.6
Weighted average discount rate (%):
Operating leases	5.5		%	5.5		%
Finance lease	5.5		%	5.5		%
Maturities of lease liabilities were as follows:
	Operating Leases			Finance Leases
2020 (nine months)	$	7,116		$	14,513
2021	8,033			23,292
2022	4,920			16,428
2023	3,877			4,472
2024	2,232			2,277
2025	1,414			1,104
Thereafter	12,613			1,743
Total lease payments	40,205			63,829
Less imputed interest	(8,794		)	(5,805		)
Present value of lease payments	$	31,411		$	58,024