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Leases (Tables)

12 Months Ended

Dec. 27, 2020

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 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	%

The components of lease cost were as follows (in thousands):

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 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