Leases (Tables)

9 Months Ended

Sep. 26, 2020

Operating lease costs were as follows (in thousands):


	Three Months Ended						Nine Months Ended
	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Operating lease costs⁽¹⁾	$	22,512	$	21,583	$	67,815	$	63,719
Variable lease costs	$	333	$	466	$	608	$	1,387

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⁽¹⁾Includes short-term lease costs which are not significant.

Schedule of Maturities of Operating Lease Liabilities

The maturities of operating lease liabilities as of September 26, 2020, were as follows⁽¹⁾ (in thousands):


2020 (excluding the nine months ended September 26, 2020)	21,175
2021	80,946
2022	72,566
2023	62,641
2024	50,846
2025	41,941
Thereafter	96,068
Total lease payments⁽²⁾	426,183
Less: Interest	83,889
Present value of operating lease liabilities⁽³⁾	$	342,294

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⁽¹⁾We have deferred certain lease payments initially due in the second and third quarters of fiscal 2020 to future periods. These deferred rent payments of $3.7 million are excluded from this table and are included in Other current liabilities and Other non-current liabilities. See Note 1, Business and Summary of Significant Accounting Policies, New Accounting Pronouncements, Recently Adopted Accounting Guidance.

⁽²⁾Total lease payments exclude $56 million of legally binding minimum lease payments for leases signed but not yet commenced.

⁽³⁾Includes the current portion of $61 million for operating lease liabilities.

Schedule of Other Information Related Operating Leases

Other information related to operating leases was as follows:


	September 26, 2020		December 28, 2019
Weighted-average remaining lease term (years)	6.4		6.6
Weighted-average discount rate	7.0	%	7.2	%


	Nine Months Ended
(in thousands)	September 26, 2020		September 28, 2019
Cash paid for amounts included in present value of operating lease liabilities	$	64,208	$	60,512
Right-of-use assets obtained in exchange for operating lease liabilities	$	28,772	$	53,230