v3.19.1
Leases (Tables)
3 Months Ended
Mar. 29, 2019
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity
Quantitative information regarding the Company’s leases is as follows:
 
Three Months Ended March 29, 2019
 
(In thousands)
Operating lease expense
$
10,721

 
 
 
As of March 29, 2019
Maturities of lease liabilities is as follows:
(In thousands)
2019
$
37,856

2020
40,834

2021
31,700

2022
23,362

2023
19,232

Thereafter
74,739

Total
227,723

Less: present value discount
(30,116
)
Present value of lease liabilities
$
197,607

 
 
Weighted-average remaining lease term (in years):
 
  Operating leases
8.2

Weighted-average discount rate:
 
  Operating leases
3.3
%