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Leases (Tables) | 12 Months Ended
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Dec. 27, 2020
Leases [Abstract] |
Gains Recognized Upon Termination of Lease Contracts | The right-of use assets, liabilities and gains recognized upon termination of lease contracts were as follows:
|  | Fiscal Year |  |  | Fiscal Year |
|  | 2020 |  |  | 2019 |
Leases of terminated |  |  | 28 |  |  |  | 11 |
Lease termination fees |  | $ | 2,832 |  |  | $ | 3,130 |
Right-of-use assets derecognized upon lease termination |  |  | 14,774 |  |  |  | 6,506 |
Lease liabilities derecognized upon lease termination |  |  | 16,103 |  |  |  | 7,450 |
Gain recognized upon lease termination |  | $ | 1,329 |  |  | $ | 944 |
Operating Lease Term and Discount Rate | Operating lease term and discount rate were as follows:
|  | December 27, |  |  | December 29, |
|  | 2020 |  |  | 2019 |
Weighted average remaining lease term (years) |  | 7.82 |  |  | 8.52 |
Weighted average discount rate |  |  | 7.88 | % |  |  | 7.95 | %
Components of Lease Cost | The components of lease cost were as follows (in thousands):
Supplemental Disclosures of Cash Flow Information Related to Leases | Supplemental disclosures of cash flow information relating to leases is as follows (in thousands):
|  | Fiscal Year |  |  | Fiscal Year |
|  | 2020 |  |  | 2019 |
Operating cash flows rent paid for operating lease liabilities |  | $ | 35,168 |  |  | $ | 47,335 |
Operating right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 20,369 |  |  |  | 15,765 |
Reduction in operating right-of-use assets due to lease terminations |  | $ | (14,774 | ) |  | $ | (6,506 | )
Maturities of Lease Liabilities | Maturities of lease liabilities were as follows at December 27, 2020 (in thousands):
|  | Operating Leases |
2021 |  | $ | 51,156 |
2022 |  |  | 41,151 |
2023 |  |  | 36,628 |
2024 |  |  | 34,144 |
2025 |  |  | 31,481 |
Thereafter |  |  | 110,376 |
Total lease payments |  |  | 304,936 |
Less: imputed interest |  |  | (80,465 | )
Present value of lease liabilities |  | $ | 224,471 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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