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Leases | 12 Months Ended
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Dec. 26, 2020
Leases [Abstract] |
Leases | 14. Leases The following table represents lease costs recognized in the Company’s Consolidated Statements of Income for the 52-weeks ended December 26, 2020. Lease costs are included in Selling, general and administrative expense and Research and development expense on the Company’s Condensed Consolidated Statements of Income.
|  | Fiscal Year Ended |
|  | December 26, 2020 |  |  | December 28, 2019 |
Operating lease cost (1) |  | $ | 29,894 |  |  | $ | 25,238 |
(1) Operating lease cost includes short-term lease costs and variable lease costs, which were not material in the period presented. Prior to the adoption of the new lease standard, lease expense for the year ended December 29, 2018 was $21,096. The following table represents the components of leases that are recognized on the Company’s Consolidated Balance Sheets as of December 26, 2020 and December 28, 2019.
|  | December 26, 2020 |  |  | December 28, 2019 |
Operating lease right-of-use assets |  | $ | 94,626 |  |  | $ | 63,589 |
Other accrued expenses |  | $ | 18,874 |  |  | $ | 14,762 |
Noncurrent operating lease liabilities |  |  | 75,958 |  |  |  | 49,238 |
Total lease liabilities |  | $ | 94,832 |  |  | $ | 64,000 |
Weighted average remaining lease term |  | 6.3 years |  |  | 5.7 years |
Weighted average discount rate |  |  | 3.6 | % |  |  | 4.1 | %
The following table represents the maturity of lease liabilities.
Year |  | Amount |
2021 |  | $ | 22,900 |
2022 |  |  | 19,251 |
2023 |  |  | 17,714 |
2024 |  |  | 14,289 |
2025 |  |  | 10,676 |
Thereafter |  |  | 23,029 |
Total |  |  | 107,859 |
Less: imputed interest |  |  | (13,027 | )
Present value of lease liabilities |  |  | 94,832 |
The following table presents supplemental cash flow and noncash information related to leases.
|  | Fiscal Year Ended |
|  | December 26, 2020 |  |  | December 28, 2019 |
Cash paid for amounts included in the measurement of operating lease liabilities (2) |  | $ | 20,401 |  |  | $ | 18,636 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 39,009 |  |  | $ | 18,248 |
(2) Included in Net cash provided by operating activities on the Company's Statements of Cash Flows

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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