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Leases (Tables)
 6 Months Ended
Jul. 01, 2023
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
The following table presents our assets and liabilities related to our leases as of July 1, 2023 and December 31, 2022:
Lease assets and liabilitiesJuly 1, 2023December 31, 2022
(In thousands)
AssetsClassification
Operating lease right-of-use assetsOperating lease right-of-use assets$43,601 $45,717 
Finance lease right-of-use assets (1)
Property and equipment, net130,804 132,748 
Total lease right-of-use assets$174,405 $178,465 
Liabilities
Current portion
Operating lease liabilitiesOperating lease liabilities - short term$7,085 $7,432 
Finance lease liabilitiesFinance lease liabilities - short term8,238 7,089 
Non-current portion
Operating lease liabilitiesOperating lease liabilities - long term37,853 40,011 
Finance lease liabilitiesFinance lease liabilities - long term262,950 265,986 
Total lease liabilities$316,126 $320,518 
(1) Finance lease right-of-use assets are presented net of accumulated amortization of $94.3 million and $90.1 million as of July 1, 2023 and December 31, 2022, respectively.
Supplemental balance sheet information related to leases was as follows:
Balance sheet informationJuly 1, 2023December 31, 2022
(In thousands)
Finance leases
   Property and equipment$225,134 $222,839 
   Accumulated depreciation(94,330)(90,091)
Property and equipment, net$130,804 $132,748 
Weighted Average Remaining Lease Term (in years)
   Operating leases9.199.21
   Finance leases13.5013.97
Weighted Average Discount Rate
   Operating leases8.67 %8.54 %
   Finance leases8.90 %8.87 %
The major categories of our finance lease liabilities as of July 1, 2023 and December 31, 2022 were as follows:
CategoryJuly 1, 2023December 31, 2022
(In thousands)
Equipment and vehicles$27,743 $29,300 
Real estate243,445 243,775 
Total finance leases$271,188 $273,075 
Schedule of Lease Cost
The components of lease expense were as follows:
Three Months EndedSix Months Ended
Components of lease expenseJuly 1, 2023July 2, 2022July 1, 2023July 2, 2022
(In thousands)(In thousands)
Operating lease cost:
Operating lease cost$3,116 $2,578 $6,034 $5,095 
Sublease income(835)(676)(1,413)(1,328)
Total operating lease costs$2,281 $1,902 $4,621 $3,767 
Finance lease cost:
   Amortization of right-of-use assets$4,693 $4,890 $6,782 $8,600 
   Interest on lease liabilities6,037 6,120 12,081 12,280 
Total finance lease costs$10,730 $11,010 $18,863 $20,880 
Supplemental cash flow information related to leases was as follows:
Three Months EndedSix Months Ended
Cash flow informationJuly 1, 2023July 2, 2022July 1, 2023July 2, 2022
(In thousands)(In thousands)
Cash paid for amounts included in the measurement of lease liabilities
   Operating cash flows from operating leases$3,133 $2,623 $6,591 $5,151 
   Operating cash flows from finance leases6,037 6,120 12,081 12,280 
   Financing cash flows from finance leases$2,133 $1,011 $4,266 $4,733 
Non-cash supplemental cash flow information related to leases was as follows:
Three Months EndedSix Months Ended
Non-cash informationJuly 1, 2023July 2, 2022July 1, 2023July 2, 2022
(In thousands)(In thousands)
Right-of-use assets obtained in exchange for lease obligations
Operating leases$— $591 $— $1,127 
Finance leases$3,400 $2,313 $3,400 $2,313 
Schedule of Operating Lease Maturities
Fiscal yearOperating leasesFinance leases
(In thousands)
2023$5,100 $18,694 
202410,583 27,429 
20259,300 29,736 
20265,917 33,301 
20274,657 27,719 
Thereafter32,208 525,315 
Total lease payments$67,765 $662,194 
Less: imputed interest(22,827)(391,006)
Total$44,938 $271,188 
Schedule of Finance Lease Maturities
Fiscal yearOperating leasesFinance leases
(In thousands)
2023$5,100 $18,694 
202410,583 27,429 
20259,300 29,736 
20265,917 33,301 
20274,657 27,719 
Thereafter32,208 525,315 
Total lease payments$67,765 $662,194 
Less: imputed interest(22,827)(391,006)
Total$44,938 $271,188