Leases (Tables)

12 Months Ended

Dec. 31, 2023

The components of lease expense were as follows:

Supplemental cash flow information related to leases was as follows:



	December 31, 2023		January 1, 2023		January 2, 2022
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases	$	42,597	$	37,488	$	38,970

Right-of-use assets obtained in exchange for new lease obligations:

Operating leases	10,049		55,016		12,345

Supplemental balance sheet information related to leases was as follows:


	December 31, 2023		January 1, 2023
	(In thousands, except lease term and discount rate)
Operating Leases:
Operating lease right-of-use assets	$	155,083	$	188,351

Operating lease liabilities included in Accrued expenses and other current liabilities	$	32,906	$	31,217
Operating lease liabilities	132,747		169,968
Total operating lease liabilities	$	165,653	$	201,185










Weighted Average Remaining Lease Term in Years
Operating leases	7.2		6.1


Weighted Average Remaining Discount Rate
Operating leases	3.8%		2.6%

Lease costs from finance leases, short-term leases, variable lease costs and sub-lease income are not material.

Future payments of operating lease liabilities as of December 31, 2023 were as follows: