LEASES - (Tables)

6 Months Ended

Jul. 01, 2023

Lessee, Lease, Description [Line Items]

Schedule of Lease Cost

The components of lease expense were as follows:

	Three months ended				Six months ended
	July 1, 2023		July 2, 2022		July 1, 2023			July 2, 2022
Operating lease cost	$	2,697	$	2,271	$	5,338		$	4,783
Variable lease cost	34		42		64			155
Short-term lease cost	10,184		10,933		17,454			19,181
Financing lease cost:
Amortization of right-of-use assets	714		1,377		1,532			3,363
Interest on lease liabilities	133		271		281			640
Total lease cost	$	13,762	$	14,894	$	24,669		$	28,122
					July 1, 2023			December 31, 2022
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets					$	36,013		$	37,889
Current operating lease liabilities					$	7,707		$	7,296
Noncurrent operating lease liabilities					33,563			35,737
Total operating lease liabilities					$	41,270		$	43,033
Finance leases:
Property and equipment, gross					$	21,515		$	32,119
Less accumulated depreciation					(10,101)			(14,992)
Property and equipment, net					$	11,414		$	17,127
Current finance lease liabilities					$	3,499		$	6,959
Long-term finance lease liabilities					5,820			7,167
Total finance lease liabilities					$	9,319		$	14,126
Weighted average remaining lease term (years):
Operating leases					8.8			9.1
Finance lease					3.5			2.8
Weighted average discount rate:
Operating leases					4.8		%	4.7		%
Finance leases					5.7		%	5.3		%
Maturities of lease liabilities, as of July 1, 2023, were as follows:
					Operating Leases			Finance Leases
2023 (six months)					$	4,831		$	2,142
2024					8,762			3,052
2025					6,787			2,435
2026					5,242			990
2027					4,233			760
2028					3,432			513
Thereafter					17,664			570
Total lease payments					50,951			10,462
Less imputed interest					(9,681)			(1,143)
Present value of lease payments					$	41,270		$	9,319

Schedule of Lease Assets and Liabilities

The components of lease expense were as follows:

	Three months ended				Six months ended
	July 1, 2023		July 2, 2022		July 1, 2023			July 2, 2022
Operating lease cost	$	2,697	$	2,271	$	5,338		$	4,783
Variable lease cost	34		42		64			155
Short-term lease cost	10,184		10,933		17,454			19,181
Financing lease cost:
Amortization of right-of-use assets	714		1,377		1,532			3,363
Interest on lease liabilities	133		271		281			640
Total lease cost	$	13,762	$	14,894	$	24,669		$	28,122
					July 1, 2023			December 31, 2022
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets					$	36,013		$	37,889
Current operating lease liabilities					$	7,707		$	7,296
Noncurrent operating lease liabilities					33,563			35,737
Total operating lease liabilities					$	41,270		$	43,033
Finance leases:
Property and equipment, gross					$	21,515		$	32,119
Less accumulated depreciation					(10,101)			(14,992)
Property and equipment, net					$	11,414		$	17,127
Current finance lease liabilities					$	3,499		$	6,959
Long-term finance lease liabilities					5,820			7,167
Total finance lease liabilities					$	9,319		$	14,126
Weighted average remaining lease term (years):
Operating leases					8.8			9.1
Finance lease					3.5			2.8
Weighted average discount rate:
Operating leases					4.8		%	4.7		%
Finance leases					5.7		%	5.3		%
Maturities of lease liabilities, as of July 1, 2023, were as follows:
					Operating Leases			Finance Leases
2023 (six months)					$	4,831		$	2,142
2024					8,762			3,052
2025					6,787			2,435
2026					5,242			990
2027					4,233			760
2028					3,432			513
Thereafter					17,664			570
Total lease payments					50,951			10,462
Less imputed interest					(9,681)			(1,143)
Present value of lease payments					$	41,270		$	9,319

Schedule of Finance Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended				Six months ended
	July 1, 2023		July 2, 2022		July 1, 2023			July 2, 2022
Operating lease cost	$	2,697	$	2,271	$	5,338		$	4,783
Variable lease cost	34		42		64			155
Short-term lease cost	10,184		10,933		17,454			19,181
Financing lease cost:
Amortization of right-of-use assets	714		1,377		1,532			3,363
Interest on lease liabilities	133		271		281			640
Total lease cost	$	13,762	$	14,894	$	24,669		$	28,122
					July 1, 2023			December 31, 2022
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets					$	36,013		$	37,889
Current operating lease liabilities					$	7,707		$	7,296
Noncurrent operating lease liabilities					33,563			35,737
Total operating lease liabilities					$	41,270		$	43,033
Finance leases:
Property and equipment, gross					$	21,515		$	32,119
Less accumulated depreciation					(10,101)			(14,992)
Property and equipment, net					$	11,414		$	17,127
Current finance lease liabilities					$	3,499		$	6,959
Long-term finance lease liabilities					5,820			7,167
Total finance lease liabilities					$	9,319		$	14,126
Weighted average remaining lease term (years):
Operating leases					8.8			9.1
Finance lease					3.5			2.8
Weighted average discount rate:
Operating leases					4.8		%	4.7		%
Finance leases					5.7		%	5.3		%
Maturities of lease liabilities, as of July 1, 2023, were as follows:
					Operating Leases			Finance Leases
2023 (six months)					$	4,831		$	2,142
2024					8,762			3,052
2025					6,787			2,435
2026					5,242			990
2027					4,233			760
2028					3,432			513
Thereafter					17,664			570
Total lease payments					50,951			10,462
Less imputed interest					(9,681)			(1,143)
Present value of lease payments					$	41,270		$	9,319

Schedule of Operating Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended				Six months ended
	July 1, 2023		July 2, 2022		July 1, 2023			July 2, 2022
Operating lease cost	$	2,697	$	2,271	$	5,338		$	4,783
Variable lease cost	34		42		64			155
Short-term lease cost	10,184		10,933		17,454			19,181
Financing lease cost:
Amortization of right-of-use assets	714		1,377		1,532			3,363
Interest on lease liabilities	133		271		281			640
Total lease cost	$	13,762	$	14,894	$	24,669		$	28,122
					July 1, 2023			December 31, 2022
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets					$	36,013		$	37,889
Current operating lease liabilities					$	7,707		$	7,296
Noncurrent operating lease liabilities					33,563			35,737
Total operating lease liabilities					$	41,270		$	43,033
Finance leases:
Property and equipment, gross					$	21,515		$	32,119
Less accumulated depreciation					(10,101)			(14,992)
Property and equipment, net					$	11,414		$	17,127
Current finance lease liabilities					$	3,499		$	6,959
Long-term finance lease liabilities					5,820			7,167
Total finance lease liabilities					$	9,319		$	14,126
Weighted average remaining lease term (years):
Operating leases					8.8			9.1
Finance lease					3.5			2.8
Weighted average discount rate:
Operating leases					4.8		%	4.7		%
Finance leases					5.7		%	5.3		%
Maturities of lease liabilities, as of July 1, 2023, were as follows:
					Operating Leases			Finance Leases
2023 (six months)					$	4,831		$	2,142
2024					8,762			3,052
2025					6,787			2,435
2026					5,242			990
2027					4,233			760
2028					3,432			513
Thereafter					17,664			570
Total lease payments					50,951			10,462
Less imputed interest					(9,681)			(1,143)
Present value of lease payments					$	41,270		$	9,319

Summit Materials, LLC

Lessee, Lease, Description [Line Items]

Schedule of Lease Cost

The components of lease expense were as follows:

	Three months ended				Six months ended
	July 1, 2023		July 2, 2022		July 1, 2023			July 2, 2022
Operating lease cost	$	2,697	$	2,271	$	5,338		$	4,783
Variable lease cost	34		42		64			155
Short-term lease cost	10,184		10,933		17,454			19,181
Financing lease cost:
Amortization of right-of-use assets	714		1,377		1,532			3,363
Interest on lease liabilities	133		271		281			640
Total lease cost	$	13,762	$	14,894	$	24,669		$	28,122
					July 1, 2023			December 31, 2022
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets					$	36,013		$	37,889
Current operating lease liabilities					$	7,707		$	7,296
Noncurrent operating lease liabilities					33,563			35,737
Total operating lease liabilities					$	41,270		$	43,033
Finance leases:
Property and equipment, gross					$	21,515		$	32,119
Less accumulated depreciation					(10,101)			(14,992)
Property and equipment, net					$	11,414		$	17,127
Current finance lease liabilities					$	3,499		$	6,959
Long-term finance lease liabilities					5,820			7,167
Total finance lease liabilities					$	9,319		$	14,126
Weighted average remaining lease term (years):
Operating leases					8.8			9.1
Finance lease					3.5			2.8
Weighted average discount rate:
Operating leases					4.8		%	4.7		%
Finance leases					5.7		%	5.3		%
Maturities of lease liabilities, as of July 1, 2023, were as follows:
					Operating Leases			Finance Leases
2023 (six months)					$	4,831		$	2,142
2024					8,762			3,052
2025					6,787			2,435
2026					5,242			990
2027					4,233			760
2028					3,432			513
Thereafter					17,664			570
Total lease payments					50,951			10,462
Less imputed interest					(9,681)			(1,143)
Present value of lease payments					$	41,270		$	9,319

Schedule of Lease Assets and Liabilities

The components of lease expense were as follows:

	Three months ended				Six months ended
	July 1, 2023		July 2, 2022		July 1, 2023			July 2, 2022
Operating lease cost	$	2,697	$	2,271	$	5,338		$	4,783
Variable lease cost	34		42		64			155
Short-term lease cost	10,184		10,933		17,454			19,181
Financing lease cost:
Amortization of right-of-use assets	714		1,377		1,532			3,363
Interest on lease liabilities	133		271		281			640
Total lease cost	$	13,762	$	14,894	$	24,669		$	28,122
					July 1, 2023			December 31, 2022
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets					$	36,013		$	37,889
Current operating lease liabilities					$	7,707		$	7,296
Noncurrent operating lease liabilities					33,563			35,737
Total operating lease liabilities					$	41,270		$	43,033
Finance leases:
Property and equipment, gross					$	21,515		$	32,119
Less accumulated depreciation					(10,101)			(14,992)
Property and equipment, net					$	11,414		$	17,127
Current finance lease liabilities					$	3,499		$	6,959
Long-term finance lease liabilities					5,820			7,167
Total finance lease liabilities					$	9,319		$	14,126
Weighted average remaining lease term (years):
Operating leases					8.8			9.1
Finance lease					3.5			2.8
Weighted average discount rate:
Operating leases					4.8		%	4.7		%
Finance leases					5.7		%	5.3		%
Maturities of lease liabilities, as of July 1, 2023, were as follows:
					Operating Leases			Finance Leases
2023 (six months)					$	4,831		$	2,142
2024					8,762			3,052
2025					6,787			2,435
2026					5,242			990
2027					4,233			760
2028					3,432			513
Thereafter					17,664			570
Total lease payments					50,951			10,462
Less imputed interest					(9,681)			(1,143)
Present value of lease payments					$	41,270		$	9,319

Schedule of Finance Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended				Six months ended
	July 1, 2023		July 2, 2022		July 1, 2023			July 2, 2022
Operating lease cost	$	2,697	$	2,271	$	5,338		$	4,783
Variable lease cost	34		42		64			155
Short-term lease cost	10,184		10,933		17,454			19,181
Financing lease cost:
Amortization of right-of-use assets	714		1,377		1,532			3,363
Interest on lease liabilities	133		271		281			640
Total lease cost	$	13,762	$	14,894	$	24,669		$	28,122
					July 1, 2023			December 31, 2022
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets					$	36,013		$	37,889
Current operating lease liabilities					$	7,707		$	7,296
Noncurrent operating lease liabilities					33,563			35,737
Total operating lease liabilities					$	41,270		$	43,033
Finance leases:
Property and equipment, gross					$	21,515		$	32,119
Less accumulated depreciation					(10,101)			(14,992)
Property and equipment, net					$	11,414		$	17,127
Current finance lease liabilities					$	3,499		$	6,959
Long-term finance lease liabilities					5,820			7,167
Total finance lease liabilities					$	9,319		$	14,126
Weighted average remaining lease term (years):
Operating leases					8.8			9.1
Finance lease					3.5			2.8
Weighted average discount rate:
Operating leases					4.8		%	4.7		%
Finance leases					5.7		%	5.3		%
Maturities of lease liabilities, as of July 1, 2023, were as follows:
					Operating Leases			Finance Leases
2023 (six months)					$	4,831		$	2,142
2024					8,762			3,052
2025					6,787			2,435
2026					5,242			990
2027					4,233			760
2028					3,432			513
Thereafter					17,664			570
Total lease payments					50,951			10,462
Less imputed interest					(9,681)			(1,143)
Present value of lease payments					$	41,270		$	9,319

Schedule of Operating Lease Liability Maturities

The components of lease expense were as follows:

	Three months ended				Six months ended
	July 1, 2023		July 2, 2022		July 1, 2023			July 2, 2022
Operating lease cost	$	2,697	$	2,271	$	5,338		$	4,783
Variable lease cost	34		42		64			155
Short-term lease cost	10,184		10,933		17,454			19,181
Financing lease cost:
Amortization of right-of-use assets	714		1,377		1,532			3,363
Interest on lease liabilities	133		271		281			640
Total lease cost	$	13,762	$	14,894	$	24,669		$	28,122
					July 1, 2023			December 31, 2022
Supplemental balance sheet information related to leases:
Operating leases:
Operating lease right-of-use assets					$	36,013		$	37,889
Current operating lease liabilities					$	7,707		$	7,296
Noncurrent operating lease liabilities					33,563			35,737
Total operating lease liabilities					$	41,270		$	43,033
Finance leases:
Property and equipment, gross					$	21,515		$	32,119
Less accumulated depreciation					(10,101)			(14,992)
Property and equipment, net					$	11,414		$	17,127
Current finance lease liabilities					$	3,499		$	6,959
Long-term finance lease liabilities					5,820			7,167
Total finance lease liabilities					$	9,319		$	14,126
Weighted average remaining lease term (years):
Operating leases					8.8			9.1
Finance lease					3.5			2.8
Weighted average discount rate:
Operating leases					4.8		%	4.7		%
Finance leases					5.7		%	5.3		%
Maturities of lease liabilities, as of July 1, 2023, were as follows:
					Operating Leases			Finance Leases
2023 (six months)					$	4,831		$	2,142
2024					8,762			3,052
2025					6,787			2,435
2026					5,242			990
2027					4,233			760
2028					3,432			513
Thereafter					17,664			570
Total lease payments					50,951			10,462
Less imputed interest					(9,681)			(1,143)
Present value of lease payments					$	41,270		$	9,319