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Leases (Tables)

6 Months Ended

Jul. 01, 2021

Leases

Schedule of Lease, Cost

Total lease cost consists of the following:


				13 Weeks			13 Weeks			26 Weeks			26 Weeks
				Ended			Ended			Ended			Ended
Lease Cost		Classification		July 1, 2021			June 25, 2020			July 1, 2021			June 25, 2020

				(in thousands)
Finance lease costs:
Amortization of finance lease assets		Depreciation and amortization		$	668		$	719		$	1,380		$	1,430
Interest on lease liabilities		Interest expense			240			262			490			531
				$	908		$	981		$	1,870		$	1,961
Operating lease costs:
Operating lease costs		Rent expense			6,465		$	6,212		$	12,786		$	12,879
Variable lease cost		Rent expense			(158)			20			(173)			247
Short-term lease cost		Rent expense			37			96			72			156
				$	6,344		$	6,328		$	12,685		$	13,282

Schedule of Other Information Related to Leases

Additional information related to leases is as follows:


		13 Weeks			13 Weeks			26 Weeks			26 Weeks
		Ended			Ended			Ended			Ended
Other Information		July 1, 2021			June 25, 2020			July 1, 2021			June 25, 2020

		(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Financing cash flows from finance leases		$	699		$	170		$	1,329		$	805
Operating cash flows from finance leases			240			262			490			531
Operating cash flows from operating leases			7,899			1,769			15,292		$	6,413

Right of use assets obtained in exchange for new lease obligations:
Finance lease liabilities			—			139			—			164
Operating lease liabilities			—			—			1,575			9,630


		July 1, 2021			December 31, 2020

		(in thousands)
Finance leases:
Property and equipment – gross		$	74,912		$	75,322
Accumulated depreciation and amortization			(56,573)			(55,547)
Property and equipment - net		$	18,339		$	19,775

Schedule of Lease Term and Discount Rate

Remaining lease terms and discount rates are as follows:


Lease Term and Discount Rate		July 1, 2021		December 31, 2020
Weighted-average remaining lease terms:
Finance leases		8 years		9 years
Operating leases		14 years		15 years

Weighted-average discount rates:
Finance leases		4.57%		4.62%
Operating leases		4.53%		4.53%