Leases (Tables)

9 Months Ended

Sep. 26, 2020

At September 26, 2020 and December 28, 2019, the Company’s lease assets and lease liabilities were as follows:

For the three and nine months ended September 26, 2020 and September 28, 2019, the components of the Company’s lease expense were as follows

	Three Months Ended				Nine Months Ended
	September 26,		September 28,		September 26,			September 28,
	2020		2019		2020			2019
Operating lease cost:
Fixed lease cost	$	12,040	$	12,906	$	37,181		$	38,641
Variable lease cost		0		0		(4	)		0
Total operating lease cost	$	12,040	$	12,906	$	37,177		$	38,641
Finance lease cost:
Amortization of leased assets		42		132		148			350
Interest on lease liabilities		3		4		9			17
Total finance lease cost	$	45	$	136	$	157		$	367
Total lease cost	$	12,085	$	13,042	$	37,334		$	39,008

At September 26, 2020 and December 28, 2019, the Company’s weighted average remaining lease term and weighted average discount rates were as follows:

	September 26, 2020		December 28, 2019
Weighted Average Remaining Lease Term (years)
Operating leases		6.91		7.06
Finance leases		2.36		2.43

Weighted Average Discount Rate
Operating leases		6.90		7.02
Finance leases		5.56		5.97

At September 26, 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	$	11,670	$	38	$	11,708
2021		41,296		90		41,386
2022		29,884		59		29,943
2023		21,577		26		21,603
2024		16,165		5		16,170
Thereafter		65,922		0		65,922
Total lease payments	$	186,514	$	218	$	186,732
Less imputed interest		41,379		14		41,393
Present value of lease liabilities	$	145,135	$	204	$	145,339

Supplemental cash flow information related to leases for the nine months ended September 26, 2020 and September 28, 2019 were as follows:

	Nine Months Ended
	September 26,		September 28,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	37,123	$	38,664
Operating cash flows from finance leases	$	9	$	17
Financing cash flows from finance leases	$	148	$	350

Leased assets obtained in exchange for new operating lease liabilities	$	9,281	$	26,270
Leased assets obtained in exchange for new finance lease liabilities	$	127	$	105