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Leases (Tables) | 3 Months Ended
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Mar. 30, 2019
Leases [Abstract] |
Leases included in the Condensed Consolidated Balance Sheets | Leases included in the Condensed Consolidated Balance Sheets consisted of the following (in thousands):
| Classification | March 30, 2019
Assets |  |
Operating | Operating lease assets | $ | 72,875 |
Finance | Finance lease assets | 50 |
Total leased assets |  | $ | 72,925 |
Liabilities |  |
Current |  |
Operating | Current maturities of other long-term liabilities | $ | 22,698 |
Finance | Current maturities of long-term debt and other liabilities | 21 |
Non-current |  |
Operating | Non-current operating lease liabilities | 58,660 |
Finance | Long-term debt and other borrowings | 28 |
Total leased liabilities |  | $ | 81,407 |
Lease Costs Included in the Condensed Consolidated Statements on Comprehensive Income | The following table summarizes cash paid for amounts included in the measurements of lease liabilities and the leased assets obtained in exchange for new operating and finance lease liabilities (in thousands):
| Three Months Ended
| March 30, 2019
Cash paid for amounts included in the measurements of lease liabilities |
Operating cash flows from operating / finance leases | $ | 6,411 |
Financing cash flows from finance leases | $ | 4 |
Leased assets obtained in exchange for new operating / finance lease liabilities | $ | 4,652 |
Lease costs included in the Condensed Consolidated Statements on Comprehensive Income consisted of the following (in thousands):
|  | Three Months Ended
| Classification | March 30, 2019
Operating lease costs |  |
Fixed | Cost of sales | $ | 518 |
| Selling and administrative expenses | 6,092 |
Short-term / variable | Cost of sales | 83 |
| Selling and administrative expenses | 215 |
Finance lease costs |  |
Amortization | Cost of sales, selling and administrative, and interest expenses | 4 |
Less: Sublease income (a) |  | 38 |
Total lease costs |  | $ | 6,874 |
(a) Excludes rental income from owned properties of $0.0 million for the three months ended March 30, 2019, which is reflected in "Selling and administrative expenses" in the Condensed Consolidated Statements of Comprehensive Income.
Maturities of Operating Lease Liabilities | Maturity of lease liabilities is as follows (in thousands):
Operating leases (a) | Maturity of lease liabilities
2019 (remaining portion of year) | $ | 19,805 |
2020 | 22,176 |
2021 | 15,382 |
2022 | 10,301 |
2023 | 8,298 |
Thereafter | 15,150 |
Total lease payments | 91,112 |
Less: Interest | 9,755 |
Present value of operating lease liabilities | 81,357 |
Finance leases 2019 (remaining portion of year) - 2023 (b) | 50 |
Total leases | $ | 81,407 |
(a) | Operating lease payments include $1.6 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $0.7 million of legally binding minimum lease payments for leases signed but not yet commenced.
(b) At this time there are no finance lease options to extend lease terms that are reasonably certain of being exercised. Currently the Corporation has $0.1 million of legally binding minimum lease payments for leases signed but not yet commenced.
Maturities of Finance Lease Liabilities | Maturity of lease liabilities is as follows (in thousands):
Operating leases (a) | Maturity of lease liabilities
2019 (remaining portion of year) | $ | 19,805 |
2020 | 22,176 |
2021 | 15,382 |
2022 | 10,301 |
2023 | 8,298 |
Thereafter | 15,150 |
Total lease payments | 91,112 |
Less: Interest | 9,755 |
Present value of operating lease liabilities | 81,357 |
Finance leases 2019 (remaining portion of year) - 2023 (b) | 50 |
Total leases | $ | 81,407 |
(a) | Operating lease payments include $1.6 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $0.7 million of legally binding minimum lease payments for leases signed but not yet commenced.
(b) At this time there are no finance lease options to extend lease terms that are reasonably certain of being exercised. Currently the Corporation has $0.1 million of legally binding minimum lease payments for leases signed but not yet commenced.
Weighted-average Remaining Lease Terms and Discount Rates | The following table summarizes the weighted-average remaining lease terms and weighted-average discount rates for operating and finance leases as of March 30, 2019:
| Weighted-Average Discount Rate (percent) |  | Weighted-Average Remaining Lease Term (years)
Operating leases | 4.50 | % |  | 5.0
Finance leases | 4.42 | % |  | 2.7
Operating Leases | Commitments for minimum rentals under non-cancelable leases were as follows (in thousands):
| Operating Leases
2019 | $ | 24,387 |
2020 | 18,250 |
2021 | 13,324 |
2022 | 9,082 |
2023 | 6,228 |
Thereafter | 10,469 |
Total minimum lease payments | $ | 81,740 |
Rent expense under ASC 840 was as follows (in thousands):
| 2018 |  |  | 2017 |  |  | 2016 |
Rent expense | $ | 31,027 |  |  | $ | 32,158 |  |  | $ | 35,288 |

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