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LEASES (Tables)
 9 Months Ended
Sep. 25, 2021
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:
September 25, 2021December 26, 2020
(in thousands)
Operating leases
Operating lease right-of-use assets, net$284,722 $178,220 
Other current liabilities$31,731 $24,674 
Operating lease right-of-use liabilities244,012 155,595 
Total operating lease liabilities$275,743 $180,269 
Finance leases
Property, plant and equipment, net$30,389 $31,614 
Current portion of long-term debt and finance leases$2,170 $3,018 
Long-term debt, net and finance leases25,817 26,029 
Total finance lease liabilities$27,987 $29,047 
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 EndedNine Months Ended
September 25, 2021September 26, 2020September 25, 2021September 26, 2020
(in thousands)
Operating lease costs$12,697 $8,416 $33,073 $24,387 
Finance lease costs:
Amortization of right-of-use assets846 966 2,534 2,853 
Interest on lease liabilities317 323 972 986 
Short-term lease costs1,335 530 3,617 1,644 
Variable lease costs1,184 1,556 2,819 3,669 
Sublease income(521)(440)(1,475)(1,216)
Total lease costs$15,858 $11,351 $41,540 $32,323 
Supplemental cash flow information
Nine Months Ended
September 25, 2021September 26, 2020
(in thousands)
Cash flows included in the measurement of lease liabilities:
Operating cash flows from operating leases$29,346 $21,959 
Operating cash flows from finance leases974 986 
Finance cash flows from finance leases1,822 3,474 
Non-cash leases activity:
Right-of-use lease assets obtained in exchange for new operating lease liabilities$121,365 $50,491 
Right-of-use lease assets obtained in exchange for new finance lease liabilities930 735 

Lease term and discount rate
As ofAs of
September 25, 2021September 26, 2020
Weighted-average remaining lease term (in years)
Operating lease9.08.2
Finance lease12.012.6
Weighted-average discount rate
Operating lease3.6 %4.2 %
Finance lease4.5 %4.5 %
Schedule of Future Minimum Lease Payments Under Non-Cancellable Operating Leases
As of September 25, 2021, 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 (excluding the nine months ended September 25, 2021)$10,546 $1,034 
202241,917 3,844 
202339,020 3,474 
202437,415 3,242 
202535,204 2,965 
Thereafter163,850 21,885 
Total minimum future lease payments327,952 36,444 
Less: Imputed interest52,209 8,457 
Total lease liabilities$275,743 $27,987 
Schedule of Future Minimum Lease Payments Under Non-Cancellable Finance Leases
As of September 25, 2021, 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 (excluding the nine months ended September 25, 2021)$10,546 $1,034 
202241,917 3,844 
202339,020 3,474 
202437,415 3,242 
202535,204 2,965 
Thereafter163,850 21,885 
Total minimum future lease payments327,952 36,444 
Less: Imputed interest52,209 8,457 
Total lease liabilities$275,743 $27,987