XML 39 R27.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
6 Months Ended
Jun. 27, 2020
Leases [Abstract]  
Summary of Lease Expense The following table summarizes the lease expense for the twenty-six weeks ended June 27, 2020 and June 29, 2019

 

 

 

Thirteen Weeks Ended

 

 

Twenty-Six Weeks Ended

 

(in thousands)

 

June 27, 2020

 

 

 

 

June 29, 2019

 

 

June 27, 2020

 

 

 

 

June 29, 2019

 

Operating lease expense

 

$

2,001

 

 

 

 

$

1,869

 

 

$

3,930

 

 

 

 

$

3,797

 

Short-term lease expense

 

 

976

 

 

 

 

 

1,272

 

 

 

2,062

 

 

 

 

 

2,342

 

Total lease expense

 

$

2,977

 

 

 

 

$

3,141

 

 

$

5,992

 

 

 

 

$

6,139

 

 

Summary of Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to our operating leases is as follows:

(in thousands)

 

June 27, 2020

 

Operating lease right-of-use assets

 

$

36,034

 

 

 

 

 

 

Other accrued liabilities

 

$

4,771

 

Long-term operating lease liabilities

 

 

34,175

 

Total operating lease liabilities

 

$

38,946

 

 

 

 

 

 

Weighted average remaining lease term (years)

 

 

9.58

 

Weighted average discount rate

 

 

5.14

%

 

Summary of Maturities of Operating Lease Liabilities

The following table summarizes the maturities of our lease liabilities for all operating leases as of June 27, 2020:

 

(in thousands)

 

June 27, 2020

 

2020 (Remainder of 2020)

 

$

3,502

 

2021

 

 

6,253

 

2022

 

 

5,713

 

2023

 

 

4,090

 

2024

 

 

4,159

 

2025 and thereafter

 

 

26,448

 

Total lease payments

 

 

50,165

 

Less: Imputed interest

 

 

(11,219

)

Present value of lease liabilities

 

$

38,946