Leases (Tables)

12 Months Ended

Sep. 27, 2020

Leases [Abstract]

Summary of components of lease cost

The components of lease costs for the fiscal year ended September 27, 2020 are as follows:

	Fiscal Year Ended
	(in thousands)
Operating lease cost	$	87,348
Sublease income	(2,216)
Other	72
Total lease cost	$	85,204

Supplemental cash flow information related to leases for fiscal 2020 is as follows:

	Amount
	(in thousands)
Operating cash flows for operating leases	$	80,289
Right-of-use assets obtained in exchange for new operating lease liabilities	$	317,587

Summary of supplemental balance sheet and other information

Supplemental balance sheet and other information related to leases as of September 27, 2020 are as follows:

	Amount
	(in thousands)
Operating leases:
Right-of-use assets	$	239,396
Lease liabilities:
Current	$	69,650
Long-term	191,955
Total operating lease liabilities	$	261,605
Weighted-average remaining lease term:
Operating leases	5 years
Weighted-average discount rate:
Operating leases	2.5		%

Summary of maturity of future undiscounted cash flows associated with operating lease liabilities

A maturity analysis of the future undiscounted cash flows associated with our operating lease liabilities as of September 27, 2020 is as follows:

	Amount
	(in thousands)
2021	$	75,074
2022	64,972
2023	44,733
2024	30,991
2025	21,466
Beyond	44,169
Total lease payments	281,405
Less: imputed interest	(19,800)
Total present value of lease liabilities	$	261,605