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LEASES (Tables)
 12 Months Ended
Dec. 26, 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 consolidated balance sheets as follows:
Fiscal Year
December 26, 2020December 28, 2019
(in thousands)
Operating leases
Operating lease right-of-use assets, net$178,220 $140,085 
Other current liabilities$24,674 $20,357 
Operating lease right-of-use liabilities155,595 116,252 
Total operating lease liabilities$180,269 $136,609 
Finance leases
Property, plant and equipment, net$31,614 $32,519 
Current portion of long-term debt and finance leases$3,018 $2,997 
Long-term debt, net and finance leases26,029 27,530 
Total finance lease liabilities$29,047 $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:
Fiscal Year
December 26, 2020December 28, 2019
(in thousands)
Operating lease costs$32,965 $30,885 
Finance lease costs:
Amortization of right-of-use assets3,723 4,007 
Interest on lease liabilities1,306 1,349 
Short-term lease costs2,349 1,056 
Variable lease costs5,122 3,161 
Sublease income(1,673)(994)
Total lease costs$43,792 $39,464 
Other information related to leases was as follows:
Supplemental cash flow information
Fiscal Year
December 26, 2020December 28, 2019
(in thousands)
Cash flows included in the measurement of lease liabilities:
Operating cash flows from operating leases$29,961 $27,153 
Operating cash flows from finance leases1,306 1,406 
Finance cash flows from finance leases4,350 3,766 
Non-cash leases activity:
Right-of-use lease assets obtained in exchange for new operating lease liabilities$63,499 $24,382 
Right-of-use lease assets obtained in exchange for new finance lease liabilities1,571 4,819 
Lease term and discount rate
As ofAs of
December 26, 2020December 28, 2019
Weighted-average remaining lease term (in years)
Operating lease8.58.2
Finance lease12.413.0
Weighted-average discount rate
Operating lease4.5 %4.4 %
Finance lease4.1 %4.6 %
Schedule of Future Minimum Lease Payments Under Non-Cancellable Operating Leases After Adoption
As of December 26, 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)
2021$31,326 $4,242 
202227,803 3,673 
202325,014 3,348 
202424,244 3,118 
202521,792 2,841 
Thereafter85,249 20,906 
Total minimum future lease payments215,428 38,128 
Less: Imputed interest35,159 9,081 
Total lease liabilities$180,269 $29,047 
Schedule of Future Minimum Lease Payments Under Non-Cancellable Finance Leases After Adoption
As of December 26, 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)
2021$31,326 $4,242 
202227,803 3,673 
202325,014 3,348 
202424,244 3,118 
202521,792 2,841 
Thereafter85,249 20,906 
Total minimum future lease payments215,428 38,128 
Less: Imputed interest35,159 9,081 
Total lease liabilities$180,269 $29,047