XML 69 R33.htm IDEA: XBRL DOCUMENT v3.24.0.1
Leases (Tables)
12 Months Ended
Dec. 30, 2023
Leases [Abstract]  
Lease, Cost
The components of total lease costs, net, consisted of the following:
Fiscal Year
(in thousands)20232022
Operating lease costs$119,908 $114,788 
Short-term and variable lease costs41,559 48,812 
Sublease income(2,703)(2,510)
Finance lease costs:
Amortization of lease assets1,152 — 
Interest on lease obligations247 — 
Total lease costs, net$160,163 $161,090 
Lessee, Operating Lease, Liability, to be Paid, Maturity
The maturities of our lease obligations at December 30, 2023 were as follows:
(in thousands)Operating LeasesFinance LeasesTotal
2024$108,706$1,655$110,361
2025120,0851,304121,389
202697,4021,00298,404
202781,52683782,363
202861,90877462,682
Thereafter208,1641,187209,351
Total undiscounted payments677,7916,759684,550
Less: Interest179,0781,474180,552
Present value of lease obligations$498,713$5,285$503,998
Weighted average remaining lease term (years)6.941.50
Weighted average discount rate8.53 %5.16 %
Leases, Supplemental Cash Flow Information
Supplemental cash flow information related to leases is as follows:
Fiscal Year
(in thousands)20232022
Cash paid for amounts included in the measurement of lease obligations
Operating cash flows for operating leases$112,139 $105,359 
Operating cash flows for finance leases247 — 
Financing cash flows for finance leases1,526 — 
Noncash investing activities
Assets obtained in exchange for new operating lease obligations$145,206 $70,425 
Assets obtained in exchange for new finance lease obligations3,517 —