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Leases (Tables)

9 Months Ended

Sep. 28, 2019

Schedule of Lease Assets and Lease Liabilities

At September 28, 2019, the Company’s lease assets and lease liabilities were as follows:

	September 28, 2019
Assets:
Operating lease assets	$	146,063
Finance lease assets		384
Total leased assets	$	146,447

Liabilities:
Current
Operating	$	32,372
Finance		200
Noncurrent
Operating	$	123,541
Finance		126
Total lease liabilities	$	156,239

Schedule of Components of Lease Expense

For the three and nine months ended September 28, 2019, the components of the Company’s lease expense were as follows

	Three Months Ended		Nine Months Ended
	September 28,		September 28,
	2019		2019
Operating lease cost	$	12,906	$	38,641
Finance lease cost:
Amortization of leased assets		132		350
Interest on lease liabilities		4		17
Total finance lease cost	$	136	$	367
Total lease cost	$	13,042	$	39,008

Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rates

At September 28, 2019, the Company’s weighted average remaining lease term and weighted average discount rates were as follows:

	September 28, 2019
Weighted Average Remaining Lease Term (years)
Operating leases		7.19
Finance leases		2.10

Weighted Average Discount Rate
Operating leases		7.01
Finance leases		5.22

Schedule of Maturity of Lease Liabilities

At September 28, 2019, the maturity of the Company’s lease liabilities in each of the next five fiscal years and thereafter were as follows:

	Operating Leases		Finance Leases		Total
Remainder of fiscal 2019	$	8,614	$	103	$	8,717
2020		43,801		133		43,934
2021		35,194		50		35,244
2022		24,228		22		24,250
2023		16,858		24		16,882
Thereafter		75,700		5		75,705
Total lease payments	$	204,395	$	337	$	204,732
Less imputed interest		48,482		11		48,493
Present value of lease liabilities	$	155,913	$	326	$	156,239

Minimum Commitments Under Non-Cancelable Obligations

Minimum commitments under non-cancelable obligations, primarily for office and rental facilities operating leases, at December 29, 2018, consisted of the following:

2019	$	63,261
2020		38,491
2021		22,341
2022		14,017
2023		9,192
2024 and thereafter		37,704
Total	$	185,006

Summary of Supplemental Cash Flow Information Related To Leases

Supplemental cash flow information related to leases for the nine months ended September 28, 2019 were as follows:

	Nine Months Ended
	September 28,
	2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	38,664
Operating cash flows from finance leases	$	17
Financing cash flows from finance leases	$	350

Leased assets obtained in exchange for new operating lease liabilities	$	26,270
Leased assets obtained in exchange for new finance lease liabilities	$	105