Leases (Tables)

6 Months Ended

Jul. 02, 2022

Leases [Abstract]

Schedule of Operating Lease Costs

Lease costs were as follows (in thousands):

	Three Months Ended				Six Months Ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Operating lease costs(1)	$	27,025	$	24,352	$	54,103	$	47,991
Variable lease costs	$	262	$	840	$	593	$	1,355

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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 July 2, 2022, were as follows(1) (in thousands):

2022 (excluding the six months ended July 2, 2022)	$	49,989
2023	95,063
2024	82,667
2025	72,361
2026	60,823
2027	45,401
Thereafter	96,838
Total operating lease payments(2)	503,142
Less: Interest	82,626
Present value of operating lease liabilities	$	420,516

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(1)Total operating lease payments exclude $101 million of legally binding minimum lease payments for leases signed but not yet commenced.

(2)Includes the current portion of $76 million for operating lease liabilities.

Schedule of Other Information Related Operating Leases

Other information related to operating leases was as follows:

	July 2, 2022		January 1, 2022
Weighted-average remaining lease term (in years)	6.3		6.4
Weighted-average discount rate	6.0	%	6.1	%

	Six Months Ended
(in thousands)	July 2, 2022		July 3, 2021
Cash paid for amounts included in present value of operating lease liabilities	$	48,964	$	43,414
Right-of-use assets obtained in exchange for operating lease liabilities	$	36,180	$	50,667