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Leases (Tables) | 6 Months Ended
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Jun. 27, 2020
Leases [Abstract] |
Schedule of Lease Assets and Lease Liabilities | At June 27, 2020 and December 28, 2019, the Company’s lease assets and lease liabilities were as follows:
|  | June 27, 2020 |  |  | December 28, 2019 |
Assets: |  |  |  |  |  |  |  |
Operating lease assets |  | $ | 140,723 |  |  | $ | 151,983 |
Finance lease assets |  |  | 268 |  |  |  | 259 |
Total leased assets |  | $ | 140,991 |  |  | $ | 152,242 |
Liabilities: |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |
Operating |  | $ | 37,829 |  |  | $ | 33,236 |
Finance |  |  | 132 |  |  |  | 126 |
Noncurrent |  |  |  |  |  |  |  |
Operating |  | $ | 117,254 |  |  | $ | 128,464 |
Finance |  |  | 90 |  |  |  | 96 |
Total lease liabilities |  | $ | 155,305 |  |  | $ | 161,922 |
Schedule of Components of Lease Expense | For the three and six months ended June 27, 2020 and June 29, 2019, the components of the Company’s lease expense were as follows
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 27, |  |  | June 29, |  |  | June 27, |  |  | June 29, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Operating lease cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed lease cost |  | $ | 12,499 |  |  | $ | 12,363 |  |  | $ | 25,140 |  |  | $ | 25,735 |
Variable lease cost |  |  | (15 | ) |  |  | 0 |  |  |  | (4 | ) |  |  | 0 |
Total operating lease cost |  | $ | 12,484 |  |  | $ | 12,363 |  |  | $ | 25,136 |  |  | $ | 25,735 |
Finance lease cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  |  | 41 |  |  |  | 138 |  |  |  | 106 |  |  |  | 218 |
Interest on lease liabilities |  |  | 3 |  |  |  | 5 |  |  |  | 6 |  |  |  | 13 |
Total finance lease cost |  | $ | 44 |  |  | $ | 143 |  |  | $ | 112 |  |  |  | 231 |
Total lease cost |  | $ | 12,528 |  |  | $ | 12,506 |  |  | $ | 25,248 |  |  | $ | 25,966 |
Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rates | At June 27, 2020 and December 28, 2019, the Company’s weighted average remaining lease term and weighted average discount rates were as follows:
|  | June 27, 2020 |  |  | December 28, 2019 |
Weighted Average Remaining Lease Term (years) |  |  |  |  |  |  |  |
Operating leases |  |  | 6.91 |  |  |  | 7.06 |
Finance leases |  |  | 2.40 |  |  |  | 2.43 |
Weighted Average Discount Rate |  |  |  |  |  |  |  |
Operating leases |  |  | 6.94 |  |  |  | 7.02 |
Finance leases |  |  | 5.60 |  |  |  | 5.97 |
Schedule of Maturity of Lease Liabilities | At June 27, 2020, 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 2020 | $ | 24,854 |  |  | $ | 69 |  |  | $ | 24,923 |
2021 |  | 41,038 |  |  |  | 84 |  |  |  | 41,122 |
2022 |  | 29,712 |  |  |  | 55 |  |  |  | 29,767 |
2023 |  | 21,542 |  |  |  | 24 |  |  |  | 21,566 |
2024 |  | 16,169 |  |  |  | 5 |  |  |  | 16,174 |
Thereafter |  | 65,826 |  |  |  | 0 |  |  |  | 65,826 |
Total lease payments | $ | 199,141 |  |  | $ | 237 |  |  | $ | 199,378 |
Less imputed interest |  | 44,058 |  |  |  | 15 |  |  |  | 44,073 |
Present value of lease liabilities | $ | 155,083 |  |  | $ | 222 |  |  | $ | 155,305 |
Summary of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases for the six months ended June 27, 2020 and June 29, 2019 were as follows:
|  | Six Months Ended |
|  | June 27, |  |  | June 29, |
|  | 2020 |  |  | 2019 |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 24,997 |  |  | $ | 25,738 |
Operating cash flows from finance leases |  | $ | 6 |  |  | $ | 13 |
Financing cash flows from finance leases |  | $ | 106 |  |  | $ | 218 |
Leased assets obtained in exchange for new operating lease liabilities |  | $ | 8,881 |  |  | $ | 12,084 |
Leased assets obtained in exchange for new finance lease liabilities |  | $ | 118 |  |  | $ | 92 |

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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 Schedule of supplemental cash flow information related to leases. + References No definition available. + Details
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