XML 48 R36.htm IDEA: XBRL DOCUMENT v3.21.2
Leases (Tables)
9 Months Ended
Jul. 02, 2021
Leases [Abstract]  
Schedule of Lease Cost
The components of lease expense (reflected in selling, general and administrative expenses) for the three and nine months ended July 2, 2021 and June 26, 2020 were as follows (in thousands):
Three Months EndedNine Months Ended
July 2, 2021June 26, 2020July 2, 2021June 26, 2020
Lease cost
Operating lease cost$41,619 $39,123 $121,870 $126,855 
Variable lease cost7,836 9,508 23,255 26,307 
Sublease income(2,493)(3,504)(9,422)(10,688)
Total lease cost$46,962 $45,127 $135,703 $142,474 
Supplemental information related to the Company's leases for the nine months ended July 2, 2021 was as follows (in thousands):
Nine Months Ended
Cash paid for amounts included in the measurements of lease liabilities$151,250
Right-of-use assets obtained in exchange for new operating lease liabilities$153,102
Weighted average remaining lease term - operating leases7 years
Weighted average discount rate - operating leases2.6%
Schedule of Operating Lease Maturity
Total remaining lease payments under the Company's leases for the remainder of fiscal 2021 and for the succeeding years is as follows (in thousands):
Fiscal YearOperating Leases
2021$51,889 
2022188,702 
2023165,798 
2024148,289 
2025127,528 
Thereafter385,094 
1,067,300 
Less Interest(100,000)
$967,300