XML 78 R15.htm IDEA: XBRL DOCUMENT
v3.20.1

Leases (Notes) | 3 Months Ended
--- | ---
Mar. 28, 2020
Leases [Abstract] |
Lessee, Operating Leases [Text Block] | LEASES The Company’s leases consist primarily of corporate offices, retail stores, distribution centers, showrooms, vehicles and office equipment. The Company leases assets in the normal course of business to meet its current and future needs while providing flexibility to its operations. The Company enters into contracts with third parties to lease specifically identified assets. Most of the Company’s leases have contractually specified renewal periods. Most retail store leases have early termination clauses that the Company can elect if stipulated sales amounts are not achieved. The Company determines the lease term for each lease based on the terms of each contract and factors in renewal and early termination options if such options are reasonably certain to be exercised. The following is a summary of the Company’s lease cost.
| Quarter Ended
(In millions) | March 28, 2020 |  | March 30, 2019
Operating lease cost | $ | 8.2 |  |  | $ | 8.0 |
Variable lease cost | 3.4 |  |  | 3.5 |
Short-term lease cost | 0.3 |  |  | 0.2 |
Sublease income | (1.2 | ) |  | (1.0 | )
Total lease cost | $ | 10.7 |  |  | $ | 10.7 |
Future undiscounted cash flows for operating leases for the fiscal periods subsequent to March 28, 2020 are as follows:
(In millions) | Operating Leases
Remainder of 2020 | $ | 27.0 |
2021 | 30.7 |
2022 | 28.0 |
2023 | 20.8 |
2024 | 18.0 |
Thereafter | 107.5 |
Total future payments | 232.0 |
Less: imputed interest | 52.1 |
Recognized lease liability | $ | 179.9 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration