Leases (Tables)

6 Months Ended

Jun. 27, 2020

At June 27, 2020 and December 28, 2019, the Company’s lease assets and lease liabilities were as follows:

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

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

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

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