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LEASES (Tables)
6 Months Ended
Jun. 27, 2020
Leases [Abstract]  
Schedule of Right-of-Use Lease Assets and Lease Liabilities in Condensed Financial Statements
Right-of-use lease assets and lease liabilities are reported in the Company’s unaudited condensed consolidated balance sheets as follows:
June 27, 2020December 28, 2019
(in thousands)
Operating leases
Operating lease right-of-use assets, net$169,192  $140,085  
Other current liabilities$24,450  $20,357  
Operating lease right-of-use liabilities147,348  116,252  
Total operating lease liabilities$171,798  $136,609  
Finance leases
Property, plant and equipment, net$30,225  $32,519  
Current portion of long-term debt and finance leases$3,208  $2,997  
Long-term debt, net and finance leases24,675  27,530  
Total finance lease liabilities$27,883  $30,527  
Schedule of Operating and Finance Lease Costs and Supplemental Cash Flow Information
The components of operating and finance lease costs were as follows:
Three Months EndedSix Months Ended
June 27, 2020June 29, 2019June 27, 2020June 29, 2019
(in thousands)
Operating lease costs$7,893  $7,887  $15,971  $15,594  
Finance lease costs:
Amortization of right-of-use assets937  931  1,888  1,852  
Interest on lease liabilities323  345  663  641  
Short-term lease costs525  204  1,114  396  
Variable lease costs1,067  930  2,112  1,265  
Sublease income(190) (45) (776) (91) 
Total lease costs$10,555  $10,252  $20,972  $19,657  
Supplemental cash flow information
Six Months Ended
June 27, 2020June 29, 2019
(in thousands)
Cash flows included in the measurement of lease liabilities:
Operating cash flows from operating leases$14,149  $13,214  
Operating cash flows from finance leases663  715  
Finance cash flows from finance leases2,467  1,842  
Non-cash leases activity:
Right-of-use lease assets obtained in exchange for new operating lease liabilities$46,493  $5,028  
Right-of-use lease assets obtained in exchange for new finance lease liabilities735  4,508  

Lease term and discount rate         
As of
June 27, 2020
Weighted-average remaining lease term (in years)
Operating lease8.36
Finance lease12.61
Weighted-average discount rate
Operating lease4.18  
Finance lease4.53  
Schedule of Future Minimum Lease Payments Under Non-Cancellable Operating Leases
As of June 27, 2020, maturities of operating and finance lease liabilities for each of the following five years and a total thereafter were as follows:
Operating LeasesFinance Leases
(in thousands)
2020 (excluding the six months ended June 27, 2020)$15,601  $2,378  
202129,819  3,789  
202225,533  3,236  
202322,487  2,933  
202421,872  2,719  
Thereafter91,026  21,795  
Total minimum future lease payments206,338  36,850  
Less: Imputed interest34,540  8,967  
Total lease liabilities$171,798  $27,883  
Schedule of Future Minimum Lease Payments Under Non-Cancellable Finance Leases
As of June 27, 2020, maturities of operating and finance lease liabilities for each of the following five years and a total thereafter were as follows:
Operating LeasesFinance Leases
(in thousands)
2020 (excluding the six months ended June 27, 2020)$15,601  $2,378  
202129,819  3,789  
202225,533  3,236  
202322,487  2,933  
202421,872  2,719  
Thereafter91,026  21,795  
Total minimum future lease payments206,338  36,850  
Less: Imputed interest34,540  8,967  
Total lease liabilities$171,798  $27,883