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Leases (Tables) | 9 Months Ended
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Oct. 02, 2021
Leases [Abstract] |
Schedule of Lease Assets and Lease Liabilities | At October 2, 2021 and January 2, 2021, the Company’s lease assets and lease liabilities were as follows:
|  | October 2, 2021 |  |  | January 2, 2021 |
Assets: |  |  |  |  |  |  |  |
Operating lease assets |  | $ | 94,951 |  |  | $ | 119,102 |
Finance lease assets |  |  | 165 |  |  |  | 207 |
Total leased assets |  | $ | 95,116 |  |  | $ | 119,309 |
Liabilities: |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |
Operating |  | $ | 21,231 |  |  | $ | 28,551 |
Finance |  |  | 95 |  |  |  | 88 |
Noncurrent |  |  |  |  |  |  |  |
Operating |  | $ | 82,550 |  |  | $ | 101,561 |
Finance |  |  | 37 |  |  |  | 93 |
Total lease liabilities |  | $ | 103,913 |  |  | $ | 130,293 |
Schedule of Components of Lease Expense | For the three and nine months ended October 2, 2021 and September 26, 2020, the components of the Company’s lease expense were as follows
|  | Three Months Ended |  |  | Nine Months Ended |
|  | October 2, |  |  | September 26, |  |  | October 2, |  |  | September 26, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Operating lease cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed lease cost |  | $ | 8,533 |  |  | $ | 12,028 |  |  | $ | 29,359 |  |  | $ | 37,025 |
Lease termination cost |  |  | 2,320 |  |  |  | 12 |  |  |  | 8,680 |  |  |  | 156 |
Variable lease cost |  |  | 6 |  |  |  | 0 |  |  |  | 15 |  |  |  | (4 | )
Total operating lease cost |  | $ | 10,859 |  |  | $ | 12,040 |  |  | $ | 38,054 |  |  | $ | 37,177 |
Finance lease cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  |  | 36 |  |  |  | 42 |  |  |  | 116 |  |  |  | 148 |
Interest on lease liabilities |  |  | 2 |  |  |  | 3 |  |  |  | 7 |  |  |  | 9 |
Total finance lease cost |  | $ | 38 |  |  | $ | 45 |  |  | $ | 123 |  |  | $ | 157 |
Total lease cost |  | $ | 10,897 |  |  | $ | 12,085 |  |  | $ | 38,177 |  |  | $ | 37,334 |
Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rates | At October 2, 2021 and January 2, 2021, the Company’s weighted average remaining lease term and weighted average discount rates were as follows:
|  | October 2, 2021 |  |  | January 2, 2021 |
Weighted Average Remaining Lease Term (years) |  |  |  |  |  |  |  |
Operating leases |  |  | 7.32 |  |  |  | 7.08 |
Finance leases |  |  | 1.62 |  |  |  | 2.35 |
Weighted Average Discount Rate |  |  |  |  |  |  |  |
Operating leases |  |  | 7.12 |  |  |  | 6.95 |
Finance leases |  |  | 5.14 |  |  |  | 5.51 |
Schedule of Maturity of Lease Liabilities | At October 2, 2021, 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 2021 | $ | 5,703 |  |  | $ | 23 |  |  | $ | 5,726 |
Fiscal 2022 |  | 28,078 |  |  |  | 84 |  |  |  | 28,162 |
Fiscal 2023 |  | 20,454 |  |  |  | 26 |  |  |  | 20,480 |
Fiscal 2024 |  | 15,798 |  |  |  | 5 |  |  |  | 15,803 |
Fiscal 2025 |  | 11,544 |  |  |  | — |  |  |  | 11,544 |
Thereafter |  | 54,524 |  |  |  | — |  |  |  | 54,524 |
Total lease payments | $ | 136,101 |  |  | $ | 138 |  |  | $ | 136,239 |
Less imputed interest |  | 32,320 |  |  |  | 6 |  |  |  | 32,326 |
Present value of lease liabilities | $ | 103,781 |  |  | $ | 132 |  |  | $ | 103,913 |
Summary of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases for the nine months ended October 2, 2021 and September 26, 2020 were as follows:
|  | Nine Months Ended |
|  | October 2, |  |  | September 26, |
|  | 2021 |  |  | 2020 |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 31,021 |  |  | $ | 37,123 |
Operating cash flows from finance leases |  | $ | 7 |  |  | $ | 9 |
Financing cash flows from finance leases |  | $ | 116 |  |  | $ | 148 |
Leased assets (modified) obtained in exchange for (modified) new operating lease liabilities |  | $ | (496 | ) |  | $ | 9,281 |
Leased assets obtained in exchange for new finance lease liabilities |  | $ | 81 |  |  | $ | 127 |

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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=123408670&loc=SL77918686-209980 + Details
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