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Leases (Tables)
 3 Months Ended
Apr. 03, 2021
Leases [Abstract]  
Supplemental Balance Sheet Information
The following table presents our assets and liabilities related to our leases as of April 3, 2021 and January 2, 2021:
April 3, 2021January 2, 2021
(In thousands)
AssetsClassification
Operating lease right-of-use assetsOperating lease right-of-use assets$48,969 $51,142 
Finance lease right-of-use assets (1)
Property and equipment, net156,382 148,561 
Total lease right-of-use assets$205,351 $199,703 
Liabilities
Current portion
Operating lease liabilitiesOperating lease liabilities - short term$5,123 $6,076 
Finance lease liabilitiesFinance lease liabilities - short term7,459 5,675 
Non-current portion
Operating lease liabilitiesOperating lease liabilities - long term44,021 44,965 
Finance lease liabilitiesFinance lease liabilities - long term273,815 267,443 
Total lease liabilities$330,418 $324,159 
(1) Finance lease right-of-use assets are presented net of accumulated amortization of $62.5 million and $58.6 million as of April 3, 2021 and January 2, 2021, respectively.
Supplemental balance sheet information related to leases was as follows:
April 3, 2021January 2, 2021
(In thousands)
Finance leases
   Property and equipment$218,926 $207,147 
   Accumulated depreciation(62,544)(58,586)
Property and equipment, net$156,382 $148,561 
Weighted Average Remaining Lease Term (in years)
   Operating leases11.0911.14
   Finance leases16.3416.08
Weighted Average Discount Rate
   Operating leases9.32 %9.28 %
   Finance leases9.82 %9.87 %
The major categories of our finance lease liabilities as of April 3, 2021 and January 2, 2021 are as follows:
April 3, 2021January 2, 2021
(In thousands)
Equipment and vehicles$37,576 $29,434 
Real estate243,698 243,684 
Total finance leases$281,274 $273,118 
Lease Cost
The components of lease expense were as follows:
Three Months Ended
April 3, 2021March 28, 2020
(In thousands)
Operating lease cost:$3,050 $3,120 
Finance lease cost:
   Amortization of right-of-use assets$3,986 $3,351 
   Interest on lease liabilities6,157 6,146 
Total finance lease costs$10,143 $9,497 
Supplemental cash flow information related to leases was as follows:
Three Months Ended
April 3, 2021March 28, 2020
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities
   Operating cash flows from operating leases$2,564 $2,774 
   Operating cash flows from finance leases6,157 6,146 
   Financing cash flows from finance leases$2,129 $2,562 
Right-of-use assets obtained in exchange for lease obligations
   Operating leases$— $— 
   Finance leases$10,211 $— 
Operating Lease Maturities
As of April 3, 2021, maturities of lease liabilities were as follows:
Operating leasesFinance leases
(In thousands)
2021$10,478 $24,796 
20228,686 32,401 
20238,380 32,096 
20247,610 31,481 
20257,656 27,716 
Thereafter43,193 380,773 
Total lease payments$86,003 $529,263 
Less: imputed interest(36,859)(247,989)
Total$49,144 $281,274 
On January 2, 2021, maturities of lease liabilities were as follows:
Operating leasesFinance leases
(In thousands)
2021$11,215 $30,159 
20229,161 29,453 
20238,400 29,189 
20247,283 28,649 
20257,392 28,102 
Thereafter44,092 380,511 
Total lease payments$87,543 $526,063 
Less: imputed interest(36,502)(252,945)
Total$51,041 $273,118 
Finance Lease Maturities
As of April 3, 2021, maturities of lease liabilities were as follows:
Operating leasesFinance leases
(In thousands)
2021$10,478 $24,796 
20228,686 32,401 
20238,380 32,096 
20247,610 31,481 
20257,656 27,716 
Thereafter43,193 380,773 
Total lease payments$86,003 $529,263 
Less: imputed interest(36,859)(247,989)
Total$49,144 $281,274 
On January 2, 2021, maturities of lease liabilities were as follows:
Operating leasesFinance leases
(In thousands)
2021$11,215 $30,159 
20229,161 29,453 
20238,400 29,189 
20247,283 28,649 
20257,392 28,102 
Thereafter44,092 380,511 
Total lease payments$87,543 $526,063 
Less: imputed interest(36,502)(252,945)
Total$51,041 $273,118