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Leases | 6 Months Ended
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Jul. 02, 2019
Leases |
Leases | 5. Leases ​ Components of lease expense were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Thirteen Weeks Ended |  | Twenty-Six Weeks Ended
​ | ​ | July 2, 2019 | ​ | July 2, 2019
Operating | ​ | $ | 25,842 | ​ | $ | 51,604
Variable | ​ |  | 16,426 | ​ |  | 32,761
Short-term | ​ |  | 76 | ​ |  | 153
Total | ​ | $ | 42,344 | ​ | $ | 84,518
​ Rent expense on all operating leases (under ASC 840) was as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Thirteen Weeks Ended |  | Twenty-Six Weeks Ended
​ | ​ | July 3, 2018 | ​ | July 3, 2018
Straight-lined minimum base rent | ​ | $ | 20,514 | ​ | $ | 41,261
Contingent rent | ​ |  | 5,113 | ​ |  | 10,207
Common area maintenance and taxes | ​ |  | 9,909 | ​ |  | 19,838
Total | ​ | $ | 35,536 | ​ | $ | 71,306
​ Supplemental cash flow information related to leases (in thousands, except percentages): ​
​ | ​ | ​ | ​ | ​
​ |  | Twenty-Six Weeks Ended | ​
​ | ​ | July 2, 2019 | ​
Cash paid for amounts included in the measurement of lease liabilities: | ​ | ​ | ​ | ​
Operating cash flows from operating leases | ​ | $ | 48,634 | ​
Right-of-use assets obtained in exchange for new operating lease liabilities | ​ | ​ | 8,580 | ​
Weighted-average remaining lease term — operating leases (in years) | ​ |  | 17.1 | ​
Weighted-average discount rate — operating leases | ​ | ​ | 5.2 | %
​ As of July 2, 2019, the maturities of our operating lease liabilities are as follows (in thousands): ​
​ | ​ | ​ | ​
2019 |  | $ | 42,258
2020 | ​ | ​ | 97,994
2021 | ​ | ​ | 95,964
2022 | ​ | ​ | 94,896
2023 | ​ | ​ | 93,815
Thereafter | ​ | ​ | 1,182,989
Total future lease payments | ​ | $ | 1,607,916
Less: Interest | ​ |  | 579,661
Present value of lease liabilities | ​ | $ | 1,028,255
​ As of January 1, 2019, the aggregate minimum annual lease payments under operating leases (under ASC 840), including amounts characterized as deemed landlord financing payments, were as follows (in thousands): ​
​ | ​ | ​ | ​
2019 |  | $ | 93,792
2020 |  | ​ | 91,808
2021 |  | ​ | 88,829
2022 |  | ​ | 86,925
2023 |  | ​ | 81,929
Thereafter |  | ​ | 495,091
Total | ​ | $ | 938,374
​ During the first two quarters of fiscal 2019, four leases were executed; three have initial terms of 20 years plus two five-year renewal options and one has an initial term of 10 years and four five-year renewal options. All but one include allowances for tenant improvements. The leases are expected to commence in the fourth quarter of fiscal 2019. The undiscounted fixed payments over the initial terms are $30.5 million. We will assess the reasonably certain lease term at lease commencement date.

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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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